150 likes | 269 Views
SOUTH ENGLAND CONFERENCE. Church Acquisition Conference. WHY BUY/LEASE A BUILDING ?. 1. My congregation has been waiting for a long time. 2. We are being shunted from one place to another. 3. We are a growing congregation with many church programme needs.
E N D
SOUTH ENGLAND CONFERENCE Church Acquisition Conference
WHY BUY/LEASE A BUILDING ? • 1. My congregation has been waiting for a long time. • 2. We are being shunted from one place to another. • 3. We are a growing congregation with many church programme needs. • 4. We want a place to worship on Sabbaths and possibly Wednesday night prayer meeting • 5. We WANT TO facilitate Community Programmes. • 6. We ARE involved in many Community Programmes and our own premises would help to facilitate these projects.
CRITERIA for Church Acquisition Priority • 1. Size of your church’s membership • 2. Length of time since your church was established. • 3. Strategic Location of the proposed building to be acquired. • 4. Local Church and Community programmes that the congregation IS involved in • 5. Involvement in Gift Aid
CRITERIA for Church Acquisition Priority • 6. Amount of local Church Building Fund • - Demonstrate Active Fund Raising • 7. Two or more Churches merging together to form one church • 8. Congregation’s long term sustainability
Available Funds for Church Acquisition Grants • 1. Today most building cost in the region of about £450,000 to £1,800,000 • 2. The South England Conference changed its support strategy several years ago to TRY to help with up to 50% grants. • 3. The main source of funding comes from the GIFT AID (40% formula) returns from the Government. This brings in about £700,000 each year. Split as follows:
Available Funds for Church Acquisition Grants • A. £50,000 for small building project aid • B. £650,000 for Church Building Purchases • 4. CWD (predecessor to Deed of Covenant and Gift Aid) amounts to about £10,000 pa
Current Church AcquisitionGrants Extended • 1. In 2008 & 2009 the following Churches received help: • Beckenham • Bath (Self Funded) • Balham • New Life (Part 2009) • Fillipino (2009) • £160,000 remaining to be allocated for 2009
2009 & 2010 Grants • The churches that have submitted applications for the balance of 2009 and 2010 available funds are: • Whitely Church • East Ham • Edmonton • Churches have to submit Building Acquisition Financial plans that come within Church Policy:
2009 & 2010 Grants • Smaller grants were made to: • Hastings • Horley • Bristol Lodge Causeway • Ipswich • Reading Central • Battersea • Plaistow
2009 & 2010 Grants • Aylesbury • Cornerstone • Folkestone • Portsmouth • Greenwich • Hackney
Building Acquisition Financial Plans • £100,000 Proposed cost of Purchase • £50,000 South England Conference £50% grant (subject to available funds in that year) • £40,000 Local Church Funds actually in Hand • £10,000 Loan (if needed) up to a MAXIMUM of 25% of the cost of the building and subject to ability to reasonably repay the loan (normally set at current Gift Aid income levels)
Church Acquisition Process • 1. Identify the property and obtain as much detail as possible • 2. Contact the South England Conference Treasurer to discuss the acquisition together with your financial plan to acquire the property • 3. Then obtain a Full Structural Survey • 4. Followed by a Valuation (from a Chartered Valuation expert) • 5. Make the offer
Redundant Properties • What are Redundant Properties? • The Church of England have many Properties that have seen a decline in use and the publish a list so that other churches that wish to avail themselves of these properties can apply to use them under a short to medium term lease – normally free of charge. However, there may be some costs in bringing these properties into use.
Redundant Properties • Sites to check for available properties: • http://www.cofe.anglican.org/about/churchcommissioners/redchurches • http://www.visitchurches.org.uk/ • http://www.hct.org.uk/ • http://www.srct.org.uk/ • http://www.friendsoffriendlesschurches.org.uk/aboutFFC.html • http://www.mghardy.co.uk/organisa.htm • It may also be advisable for you to contact your local Anglican diocese, as they are currently reviewing the viability of their local congregations.
Property Help • Where Churches do not have local Professionals in their congregations and are not able to identify local professionals, the South England Conference will help to locate suitable: • Chartered Surveyors • Chartered Valuation Experts • Architects • Solicitors • Structural Engineers • To facilitate property needs that you may require