Annual Financial Report from the APCM

Attached is the presentation on the accounts given at the APCM on September 13th. The key messages were:

  1. We must continue to balance daily running costs against income even with Covid.

  2. In order to continue covering our costs in 2020, we need considerably more income.

  3. The number of Planned Givers has reached a plateau but is still well below the levels of the recent past.

  4. Voluntary income remains vulnerable to relatively few key donors more so than ever.

  5. Other income is significantly dependent on the Centre recovering from Covid restrictions.

  6. Consequently we can’t afford to slacken our efforts to increase voluntary giving through Planned Giving wherever possible, so that we can plan more effectively.

  7. The state of the Diocesan finances will continue to put pressure on us to provide as much support as possible.

  8. Please sign up to easyfundraising.org.uk if you buy anything online. We now have sixteen members and so far have raised over £750 in 4 years (and it’s quite painless!)

A reminder also that our full 2019 PCC Annual Financial Report & Accounts document can be found on the Charity Commission website.