Church Finances

The Church Council appointed Jim Fishwick as Treasurer. He is responsible for the financial management of all church matters.

The church year runs from 1 September to the 31 August. A detailed financial statement is produced monthly and circulated to the members of the finance sub-committee. A finance report is presented at each Church Council meeting. Following the completion of the church year the Methodist Church Standard Form of Accounts are also produced for independent audit and submission to the Chorley and Leyland Methodist Circuit. The annual finance report is presented to the Church Council for approval.

The church receives income from groups and lettings, internal fund raising, donations and offerings.

Offerings can be made by standing order, bank transfer, an envelope system or by the offertory plate during services. All offerings are treated in confidence. Those members who are tax payers are requested to complete a gift aid declaration which enables the church to claim back tax equal to 25% of their offering.

Expenses consist mainly of property costs, insurance, operating costs and the circuit assessment. The circuit assessment is based on income and attendance at service.

The church holds reserves which are monitored by the treasurer to ensure compliance with the church reserves policy. The reserves policy is approved annually by the Church Council and currently requires that a minimum of six months routine expenditure is held.

If you want to “gift aid” your offerings please speak with Jim or contact him via the General enquiry link on the Contact Us page.