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Home » Publications » Free Presbyterian Magazine » 1936 » July 1936 » Finance Committee’s Report

Finance Committee’s Report

By REV. E. MACQUEEN.

THE various Funds of the Church for the year ended 31st March, 1936, show an increase in the Grand Total of over £300 as compared with the previous year.

Sustentation Fund. Income shows a decrease of £2,664. This is accounted for by the legacies received during the previous year amounting to £2,522 as compared with £100 for the present year and, in addition, a decrease of £176 in Congregational contributions. The expenditure is reduced by £61 on last year’s figure. While payment to Ministers is increased by £208 this is accounted for by an extra Minister being on our list. Payment to Missionaries is decreased by £335, accounted for by the death of a few of our Missionaries.

Home Mission Fund. The balance of this Fund transferred to the Sustentation Fund is increased by £33 on last year’s figures.

Aged and Infirm Ministers’ and Widows’ Fund. This balance is increased by £75 on last year’s.

College Fund. An annual payment of £30 was made to each of our Students for the past year. The balance carried forward is decreased by £63 in comparison with the balance on hand the previous year.

Jewish and Foreign Mission Fund. While this balance on hand is increased by £691 in comparison with the balance on hand

at the end of last year, the expenditure is increased by £137 and the Congregational contributions decreased by £58. The Committee should keep in view the heavy expenditure as compared with Income.

General Building Fund. A dividend of 11d per £ was paid on all claims made on Church and Manse Buildings leaving a balance on hand of £58, an increase of £4 on last year.

Organisation Fund. The balance on hand of £71 is a reduction of £37 on last year’s figures. This is accounted for by the extra expense of having two Synods in the year.

Legacy Fund. Legacies amounting to £4,147 16s. 0d. were received during the year, particulars of which are given in the Legacy Report.

On reviewing the Funds in general the position compares favourably with the previous year for which we have much reason for thankfulness to the Bountiful Giver who has put it into the hearts of our people to give.

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Website Contact

Rev Caleb J Hembd
caleb.hembd@gmail.com

Moderator of Synod

Rev K D Macleod BSc
11 Auldcastle Road
Inverness, IV2 3PZ
United Kingdom
E-mail: kdmacleod@gmail.com

Clerk of Synod

Rev Keith M Watkins
Free Presbyterian Manse, Ferry Road, Leverburgh, Isle of Harris, HS5 3UA, UK.
kmwatkins@fpchurch.org.uk

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Mr William Campbell
133 Woodlands Road, Glasgow,
G3 6LE, UK.
william.campbell@fpcoffice.org

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