Managing Finances During this Time of COVID-19

This period of lockdown places strain on finances for individuals, families, small businesses and charities. The government support may help if funds can be accessed in time, but it is certainly a worrying time for many. Others may find that they are in a more positive financial position if they continue to receive their salaries but have fewer expenses around childcare, travel, eating out and shopping. Now seems like a good time for each of us to review our finances.

Churches are taking a hit financially at this time, and this includes St John’s with St Mary’s. Although our running costs will decrease as we won’t use our buildings, we now can’t rely on our Sunday services giving or our hall rentals for probably the next three months. It costs about £2000 a week to run the church. This includes care of buildings, a part time salary for our Youth and Children’s Team Leader as well as our contribution to the Church of England’s Common Fund which goes towards housing and stipend for clergy. More than this, our giving into the work of the church is itself part of our worship to God – a chance to reflect back his generous goodness to us in our lives, a chance for us to invest in the hope and renewal of His Kingdom, a chance for us to continue to be a light in Isleworth now and into the future. Many of you already kindly give into church life financially and in other ways, of course, and for that I want to say a big thank you on behalf of us all within the church family. 

As you review your finances, please consider giving by Standing Order to the church. If you already do so, could you increase your giving? If you give in person on Sundays, could you give through Standing Order from now? If income-earners were able to give £30 or more per month, we would easily meet our financial targets. If you can set this up with online banking, our account is “PCC of St John’s”, Sort Code: 20-42-73 Account number: 60709522. Please contact Brian, our treasurer, (b.grumbridge@btinternet.com) if you plan to make changes to your giving, or if you prefer a form to set up Standing Order by hand. Thanks!

David Maclure