Financial Report to PPC Meeting – 6 December 2018
At the end of the half year period Income was £13,900; Expenditure was £13,300 giving a small surplus of £600. The accounts were understated by some £2-3K for Gift Aid Tax Repayment that had not yet been transferred into our Bank Account. Giving this the performance to date was satisfactory but concern was expressed at the low surplus from the Social Centre and a full review was set up.
The Bank balance at 30 September was £15,700 but with £5K in the Social Centre designated fund the general fund was approximately £10K together with £2-3K from Gift Aid in due course.
Following detailed discussions the following projects were authorised to proceed at the estimated costs:
House bedroom – ceiling plastering and room decoration £1,300
Social Centre redecoration £5,000
Consideration had been given to the re-roofing of the garage and new doors following the asbestos removal but at an estimated cost of £2,000 it was not feasible and demolition would be investigated.
The damp in the chimney breast in Church continues to cause problems even after many options had been tried. An iron fix to the guttering will be undertaken but if not successful professional help will be sought.
Our share of the housekeeping and salary costs for Fr John need to be reinstated with Syston.
Paul Carroll
Chair Finance Committee
4 December 2018
At the end of the half year period Income was £13,900; Expenditure was £13,300 giving a small surplus of £600. The accounts were understated by some £2-3K for Gift Aid Tax Repayment that had not yet been transferred into our Bank Account. Giving this the performance to date was satisfactory but concern was expressed at the low surplus from the Social Centre and a full review was set up.
The Bank balance at 30 September was £15,700 but with £5K in the Social Centre designated fund the general fund was approximately £10K together with £2-3K from Gift Aid in due course.
Following detailed discussions the following projects were authorised to proceed at the estimated costs:
House bedroom – ceiling plastering and room decoration £1,300
Social Centre redecoration £5,000
Consideration had been given to the re-roofing of the garage and new doors following the asbestos removal but at an estimated cost of £2,000 it was not feasible and demolition would be investigated.
The damp in the chimney breast in Church continues to cause problems even after many options had been tried. An iron fix to the guttering will be undertaken but if not successful professional help will be sought.
Our share of the housekeeping and salary costs for Fr John need to be reinstated with Syston.
Paul Carroll
Chair Finance Committee
4 December 2018
St. Gregory’s Finance Committee
Thursday 19 May 2016.
1 Present : Fr. C. Orango (Chair), S. Giacchino, J. Jarkulisz, P. Carroll
2. Apologies: A. Hardy-Smith
3. Matters Arising from Last Meeting.
4. Jon’s Items
It was agreed that Jon would seek quotes for minor repairs to the roof between the church and the house, the front of the church porch, manhole lid, and painting of sacristy external door.
The Social Centre Committee were seeking quotes for new fascias and would include the house.
Agreement was given to £100 funding towards Youth Group activity and a £50 float for the Children’s Liturgy Group. Jon outlined the possibility for a Youth Group bi annual pilgrimage/trip and consequential funding arrangements for discussion at a future meeting.
A ‘clean up’ day was arranged for Saturday 18 June after 10.00am Mass. Father Clem to put into newsletter.
5. Paul’s Items
Fr Clem was still to appoint a replacement bookkeeper.
Church House A recent report from the Letting Company stated all was well but upstairs would need redecoration in due course
Social Centre Employees the last 2 month’s wages had been paid by Cheque. Father Clem to arrange with Bron to pay direct from bank in future.
Paul asked for formal recording that the decision to close the Social Centre Bank Account was against the wishes of the lay members of both the Finance and Social Centre Committees. On closure of the Account £11,000 had been transferred to the Parish Account.
6. Stephen’s Items
Gift Aid No significant issues.
Weekly collections including standing orders, gift aid and non gift aid averaged about £280 per week. Father Clem to put thank you article in the newsletter.
7. Bron’s Items. Not in attendance.
8. Father Clem’s Items.
The 2015-16 Accounts had not yet been finalised. Father Clem to arrange sign off meeting when Accounts finalised. Bank Balance at 20 April 2016 was £19,082.
Thursday 19 May 2016.
1 Present : Fr. C. Orango (Chair), S. Giacchino, J. Jarkulisz, P. Carroll
2. Apologies: A. Hardy-Smith
3. Matters Arising from Last Meeting.
- Para. 4. Contingency funding for the Church refurbishment had not been required.
- The organ had been tuned and was working ok.
- Para. 9. Recent collections had increased the SRPF to 43% of £19,000 target.
4. Jon’s Items
It was agreed that Jon would seek quotes for minor repairs to the roof between the church and the house, the front of the church porch, manhole lid, and painting of sacristy external door.
The Social Centre Committee were seeking quotes for new fascias and would include the house.
Agreement was given to £100 funding towards Youth Group activity and a £50 float for the Children’s Liturgy Group. Jon outlined the possibility for a Youth Group bi annual pilgrimage/trip and consequential funding arrangements for discussion at a future meeting.
A ‘clean up’ day was arranged for Saturday 18 June after 10.00am Mass. Father Clem to put into newsletter.
5. Paul’s Items
Fr Clem was still to appoint a replacement bookkeeper.
Church House A recent report from the Letting Company stated all was well but upstairs would need redecoration in due course
Social Centre Employees the last 2 month’s wages had been paid by Cheque. Father Clem to arrange with Bron to pay direct from bank in future.
Paul asked for formal recording that the decision to close the Social Centre Bank Account was against the wishes of the lay members of both the Finance and Social Centre Committees. On closure of the Account £11,000 had been transferred to the Parish Account.
6. Stephen’s Items
Gift Aid No significant issues.
Weekly collections including standing orders, gift aid and non gift aid averaged about £280 per week. Father Clem to put thank you article in the newsletter.
7. Bron’s Items. Not in attendance.
8. Father Clem’s Items.
The 2015-16 Accounts had not yet been finalised. Father Clem to arrange sign off meeting when Accounts finalised. Bank Balance at 20 April 2016 was £19,082.
