Summary of Extracts from Audited Accounts 30 June 2015.

Slides:



Advertisements
Similar presentations
Invest in your health with a Health Savings Account.
Advertisements

HUD Business Agreements & Sophisticated Legal, Tax and Accounting Issues.
Averaging the ratings to the 34 questions that were asked gives an overall average Excellent rating of 33%, an overall average Good rating of 43%, and.
Earning Money  What is income and what are 3 possible sources?  Income is money that you have available to you to spend  3 sources: babysitting,
St. Andrew the Apostle/ Good Shepherd Mission Annual Report (July 1, 2011 to June 30, 2012)
How Does an Umbrella Company Work? By planIT Solutions Limited.
St. Mary Parish, Wrentham MA Financial Summary Fiscal Year 2010, 2011.
St Michael Parish Financial Report FY-09 (Mid Year) By St Michael Finance Council.
Treasurers’ Day 19 September 2014 Diocesan Budget Process.
Finance Committee Annual Report on Parish Finances Fiscal Year Ending June 2009.
Hibiscus Coast Parish John Perris Finance Committee Chairperson Church Norms require each Parish to undertake a renewal of its Planned Giving Program.
Our Lady of Hope Parish Financial Team BUSINESS MANAGER John J. Colaianni, Jr. BOOKKEEPER Peg O’Connor FINANCE COUNCIL MEMBERS Chairperson Anthony D’Orazio.
Congregational Resource Day - May 2014 OVERVIEW 1.
Lloyd Stangeland Iowa Yearly Meeting November 9, 2013.
Alice Carney Education Liaison Officer Queen Mary, University of London Student Finance.
Thinking of entering full-time higher education in 2010/2011.
Student Finance in 2011/12. Browne Review into Student Finance Earliest introduction will be for new students from 2012 Students already in University.
Corporation Tax Introduction to Taxation, ch. 10 Business Law, chs. 15 and 16.
Financial Aid and Student Employment Cornell University.
Oifig Fiontair Áitiúil Chathair Bhaile Átha Cliath Local Enterprise Office Dublin City __________ Micro Enterprise Financial Supports Eibhlin Curley.
PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN.
Preparation Phase Speak with your Pastor. Show him the VIDEO on the State website. Select the form of fundraiser your Council will hold. Set the date.
Diocese of Bristol | Parish Officer Training 2014 PCC Treasurer core training Matthew Hall Finance Manager.
1 The Profit and Loss Account Geoff Leese Sept 1999 revised Sept 2001, Jan 2003, Jan 2006, Jan 2007, Jan 2008, Dec 2008 (special thanks to Geoff Leese)
1 TREASURERS’ WORKSHOP Parish Income, Expenditure, Buying and Reserves.
What is a Budget and Why do I need one!
2 Money Management Skills
Leaving Certificate 1 © PDST Home Economics. Mortgage  A mortgage is a loan from a lending agency to buy a house  The loan is usually repaid in monthly.
 A: Make a budget: A budget makes sure you have enough money to spend and save. A budget allows you to see where your money is being spent and it helps.
Objective of this presentation To encourage you to consider practical future planning questions and begin (or continue) developing a plan for your future.
Chapter 2 Money Management Skills Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
Are You Smarter Than The Average Person in Financial Planning?
Bur Oak Secondary School OSAP Ontario Student Assistance Program.
Student Financial Support Lee Harrison Senior Student Financial Support Adviser.
 Buying on credit = buy goods and services now and pay for them later (usually with interest)  Having credit depends on the suppliers’ confidence in.
Securing Your Financial Future Cash Management Presented by Teresa Muench NEA Member Benefits April 4, 2015.
March 9, 2013 Presented by: Helen Maxwell District Treasurer District Treasurer District Rotary Foundation Stewardship Committee Chair.
Sacred Heart of Jesus Church Fiscal Report
Budgeting Personal Finance. Financial Planning Net Worth Income Expenditures Unplanned Expenditures Debt Savings.
As a Book-Keeper it is important that you can identify and categorise items of business income and expenditure Income (business receipts) – can either.
Accounting & Financial Analysis 11 Lecture 2
Indirect Operating Costs. Shared Expenses Can the MFU cover its overhead costs?
Pre-Budget Submission to Joint Committee on Finance, Public Expenditure and Reform Thursday 3 rd November 2011.
Harcourt Brace & Company Chapter 12 The Design of the Tax System (pp )
UNIT 1D A LOT TO LEARN RECEIPTS AND PAYMENTS ACCOUNT.
St. Mary’s Parish Meeting. St. Mary’s Catholic Church & St. Mary’s Catholic School: Notable Figures & Facts To remain Viable as a Parish and as a School.
God’s Church and Our Church “The wealthiest Institution in the Country” “The lost millions” “It will always be here” Is the Church a long way away from.
Goals: Describe the financial planning process. Explain action for implementing a financial plan. Identify actions for reviewing a financial plan.
Finance Committee  Our Presentation is broken down into Three segments: 1 – Sources of Funds and Income 2- Operating Costs and Expenses.
Anglican Diocese of Johannesburg 2016 Budget Presentation 28 th November 2015.
Financial Statements Business Plan.
Module 5: Financing Issues. Module 5: Financial Issues 2 Module 5 Content Affordability Financing Mechanisms (Eligible Use A) Types of Assistance Financing.
Financial Update Congregational Meeting 2015 May 3 rd,
Parish Finance Councils “Good Stewards” Church Revenue & Expenditures.
Managing Personal Finance – Unit 402. Learning Objectives By the end of the session you will: 1.Create a budget plan to track your finances 2.List the.
How to fill out the Parent’s Financial Statement Section 4 – Assets and Liabilities.
Graduation & Beyond Money Advice and Support Office.
Advanced Financial Accounting FIN-611 Main Ahmad Farhan Lecture-6 Non-Profit organizations.
Catholic Diocese of Auckland Administration Seminar St Columba Centre May
Catholic Diocese of Auckland Parish Administration Seminar St Columba Centre November
Introduction Income Tax
Your Next Steps for Financial Aid
NATIONAL FEDERATION OF PRIESTS’ COUNCILS
4/22/2018 4/22/2018 St. Vincent de Paul Society of Milwaukee 2017 Secretary & Treasurer Workshop.
Treasurers’ Training Day
Subject: Club and trust budget
St John the Baptist School
our guide to parish share
Introduction Income Tax
Summary of Extracts from Audited Accounts 31 December 2016
Presentation transcript:

Summary of Extracts from Audited Accounts 30 June 2015

FINANCES ARE AT THE SERVICE OF THE GOSPEL ➢ YOUR GENEROSITY ENABLES THE SACRAMENTS TO BE CELEBRATED ➢ WITHOUT YOUR GENEROSITY IT WOULD NOT BE POSSIBLE TO MINISTER THE GOSPEL FROM BIRTH TO DEATH ➢ NO SACRAMENT OR RELIGIOUS CELEBRATION IS DENIED BECAUSE PEOPLE ARE UNABLE TO PAY - YOUR GENEROSITY SERVES ALL PARISHIONERS

VOLUNTEERS ➢ THE FINANCE COMMITTEE WISHES TO THANK YOU, THE PARISHIONERS, FOR YOUR CONTINUED SUPPORT AND GENEROSITY TOWARDS THE PARISH ➢ WE ARE INDEBTED TO THE MANY GROUPS OF PARISHIONERS WHO GIVE FREELY AND WILLINGLY OF THEIR TIME IN MANAGING THE PARISH FINANCES ESPECIALLY: ➢ PLANNED GIVING/DUES COUNTERS ➢ ENVELOPE DOOR COLLECTORS ➢ COUNTERS OF THE SUNDAY COLLECTIONS ➢ LODGEMENT TEAM ➢ SACRISTY VOLUNTEERS

FIRST COLLECTION DUES/OFFERINGS The Diocese for redistribution as follows: Priests of the parish Sick/retired priests, and priests from poorer parishes SECOND COLLECTION -Called “Share”, goes DIRECTLY to the Diocese Development Fund -Sometimes replaced by Special Collections (famine relief, natural disasters, Diocesan Agencies) WHERE YOUR MONEY GOES

PLANNED GIVING Running/Development of the Parish Method of Payment Standing Order, Box of Envelopes

❖ RECEIPTS. 1. Family Offering 89,017 2.Donations 1, Rent 13, Interest 14 ❖ TOTAL €103,231

❖ PAYMENTS 1. Salaries 20, Liturgical Services 14, Rates and Service Charges 3, Insurance 4, Repairs/Maintenance 20, Heat & Light 9, Altar Supplies 4,365

8. Missalettes, Mass books, Magazines 2, Mission/Retreat/Novena Interest and Term loan 12, Telephone Stationary/Printing/ Post 3, Accounting Fees Parish Expenses 6,935 TOTAL €104,888

SUMMARY INCOME €103,231 EXPENDITURE €104,888 SHORTFALL €1,657 CURRENT DEBT:€ 102,584

Standing Order and Envelope Donations All donations from parishioner's in employment are now eligible for a single and simplified tax relief, at 31% of all donations above €250. Contribution Tax Rate Tax RebateTotal €250 31% €77.50 € For Each €100 donated above initial €250 €100 31% €31 €131 Parishioner's are reminded to fill in the CH1 form and return to the parish office in order that the Parish can claim tax rebate on their donations on their behalf.

FOR THE PREVIOUS FINANCIAL YEAR WE RECEIVED €14,154 AS A TAX REBATE THANK YOU FOR YOUR GENEROSITY (PARISH FINANCE COMMITTEE)