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AGENDA

AGENDA. AGENDA FINANCES FINANCIAL RESULTS 2013 + 2014 BASES FOR 2016 & 2017 CONTRIBUTIONS BUDGETS FOR 2016 & 2017 CHURCH LAW 1/2015 covering : contributions schedules Reports: a) Violence and Trauma Fund b) Gossman Trust God’s Money: Stewardship + Financial Management.

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AGENDA

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  1. AGENDA AGENDA FINANCES • FINANCIAL RESULTS 2013 + 2014 • BASES FOR 2016 & 2017 CONTRIBUTIONS • BUDGETS FOR 2016 & 2017 • CHURCH LAW 1/2015 covering : • contributions schedules • Reports: a) Violence and Trauma Fund b) Gossman Trust • God’s Money: Stewardship + Financial Management

  2. VOLUNTARY GIVING

  3. 2014 Income Statement - Expenses

  4. 2014 Income Statement - Expenses

  5. 2014 Income Statement - Expenses

  6. 2014 Income Statement - Income

  7. 2014 Income Statement - Income

  8. 2014 RESULTS OBSERVATIONS • We are now showing comprehensive income including the reserve funds as requested by the auditors. • Deficit for 2013 was –R137,976 • Surplus for 2014 was R272,272 • Solidarity for 2014 was R532,155 below budget . • EKD receipt for 2014 was R307,917 above budget because of weaker Rand . • Interest and dividends received were R191,389 above budget. • The return on investments was 14,6%. • Sundry income includes interest owed by congregations R188,000 • Capital growth was incorrectly shown in 2013 at R279,322 the correction was then included in 2014. The 2014 amount thus looks amazing at R1,272,325. (Total for 2 years = 1,551,647 ) • Capital growth per annum should be about R600,000 to R660,000. The average for the last 2 years was R775,000.

  9. SOLIDARITY

  10. SOLIDARITY

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