1. Total income £88,461
Decrease of £2,700 (5%) from 2016 in regular donations despite some new monthly standing orders being set up, as lost some other church members. Income from one-off donations £1,100 more. The Trustees are very grateful to everyone who gives regularly as enables them to budget more effectively
Restricted donations for Spree, Soul Survivor, National Leader’s Conference, the forthcoming Women’s Retreat, and to buy translation equipment for Sunday services
Children’s Storehouse project awarded £10,000 grant from BBC Children in Need and £2,000 from Devon Community Foundation

2. Proportions - Regular donations 57%, One-off donations 8%, Restricted donations 4%, Gift aid tax reclaimed 13%, Church Activities 1%, Storehouse grants and gifts 17%

3. Total expenditure £93,016
Staff costs lower as Gilly resigned from Youth Pastor’s position in April
Meeting costs higher as school hire £2,800 more than at All Saints
Missions/Gifts costs lower as included youth mission trip in 2016
Pastoral costs lower as training costs lower and accommodation for this year’s NLC not booked in 2017
Outreach costs higher as includes deposit for forthcoming Women’s Retreat
Local and foreign missions regularly supported – Fusion, Pregnancy Crisis Care, Love the One, Tony and Laura in Brazil, and 5% of income from church members to support Vineyard Churches UK
Children’s Storehouse grants and gifts used for running costs of drop-in and providing essential baby and children’s items to around 500 disadvantaged children and supporting their families

4. Proportions – Premises 10%, Admin 3%, Staff/Manse 44%, Meetings 15%, Missions/Gifts 6%, Pastoral 3%, Outreach 1%, Children’s Storehouse 18%
For unrestricted funds, deficit of income over expenditure of £3,185, so at end of 2017 unrestricted reserves reduced to £6,185 – church’s financial policy for reserves to cover 3 months expenditure, which for 2017 was £18,200

5. For unrestricted funds, budget income for this year £72,660 - increase of 4.5% from last year’s actuals, and budget expenditure £71,600 - slightly less than last year’s actuals, to enable amount of reserves to increase rather than be reduced even more
If successful with another grant application to BBC Children in Need and other charitable trusts, Children’s Storehouse project will be able to continue to support hundreds of families in crisis need

6. Proportions – Premises 10%, Admin 3%, Staff/Manse 44%, Meetings 14%, Missions/Gifts 6%, Pastoral 3%, Outreach 1%, Children’s Storehouse 19%