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:
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.