Money Matters – Giving Update
At King’s we teach the Biblical principle of personal stewardship of our finances, and as a church we want to model the stewardship of our resources in an open and transparent manner. The table below shows our giving through to the end of May 2021 based on a reduced income budget of £2 million for this church year.
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KING’S
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VISION 2030
incl HOPE
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Total
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Amount given to the end of May21
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£1,255,800
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£268,900
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£1,524,700
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Annual budget for Sep20 to Aug21
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£2,000,000
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King’s is a remarkably generous church and as you can see, this generosity has continued throughout the pandemic. Should the current giving trend continue, then we are on track to reach our budget for the year. Thank you to everyone for your ongoing support through this season.
Covid-19, however, has had an impact on our finances and therefore we have reduced our expenditure accordingly to ensure it is kept in line with our income.
As mentioned in Steve’s update above, we will be reporting in more detail in the Autumn term how our finances have been used over this last church year, and looking at our finances going forward.
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