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Church Finances

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Robert Paton CA TREASURER

At the recent Kirk Session Elders heard from the church treasurer, Robert Paton CA, about its finances for the last nine months since the beginning the year. As expected, it is always a mixed bag. Key highlights were as follows:

  • Church offerings were encouragingly only marginally down from the same period last year £87. 4k (9months 2023) compared to £89.2k (9 months 2022).
  • Hall lets income increased from £11.8k to £16.8k reflecting the good quality  facilities we have.
  • The money we pay to the Church of Scotland ,Giving to Grow (previously Ministries and Mission), fell from £78.7 to £51.9k which takes account of the  new basis of calculation.
  • Energy costs continue to rise given increased activities; £23.3k compared to  £19.6k.

Taking account of all income and expenditure a surplus of £11k was achieved,  but with higher energy costs in the last quarter it is still hoped that a final surplus  can be achieved to the end of the financial year 2023.

The treasurer also highlighted considerable challenges ahead for 2024 with a  very substantial increase in heat and light costs.

The new contract negotiated by the Church of Scotland in October this year will  still see energy costs almost doubling in price.

The energy contract was originally negotiated on a group basis by the Church of  Scotland at a fixed price over three years ago which was well before the current  crisis but reflects current prices. These challenges are faced by all churches  across Scotland.

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