Receipts & Payments Summary
CORSH – St Patricks, Corsham Year ending 31st December 2024
| 2024 | 2023 | |
| Receipts | ||
| OFFERTORY | £25,191.00 | £22,544.00 |
| DONATIONS | £3,633.00 | £7,483.00 |
| RENT & HIRE | £13,529.00 | £9,906.00 |
| FUNDRAISING | £176.00 | £190.00 |
| OTHER INCOME | £86,542.00 | £20,085.00 |
| Total Receipts |
£129,071.00 |
£60,208.00 |
| Payments | ||
| EMPLOYMENT COSTS | £2,443.00 | £2,050.00 |
| CLERGY COSTS | £21,888.00 | £18,320.00 |
| GENERAL EXPENSES | £8,655.00 | £4,540.00 |
| PREMISES COSTS | £16,062.00 | £18,656.00 |
| IT COSTS | £998.00 | £2,618.00 |
| EQUIPMENT AND FIXED ASSETS | £1,755.00 | £688.00 |
| GRANTS AND DONATIONS | £500.00 | £140.00 |
| PARISH SHARE | £9,569.00 | £8,275.00 |
| TotalPayments |
£61,870.00 |
£55,287.00 |
| Total Surplus / Loss |
£67,201.00 |
£4,921.00 |
Receipts and Payments Significant Variance on Previous Years
Receipts
Hall rental income increased by £3,500 due to an increase in commercial bookings for health and fitness.
Other income has increased by £66,000 due to a greatly appreciated legacy. Without that legacy the underlying budget performance would have been a small surplus of less that £2,000.
Payments
Clergy costs have increased by £3,500 due to stipend inflation increase and a change in the way visiting priest costs are handled. They are now part of the Parish in Communion agreement so costs for both parishes are paid by CORSH. CORSH is reinbursed as part of the PIC receipts under other income.
General expenses have increased by £4,000. £2,500 is due to changes in the Parish in Communion arrangement as the parishes have moved towards joint purchasing of candles, altar breads, and photocopying that are now paid centrally by CORSH against the increased PIC payment from CHIPH. Also in this category there is an increased expenditure of £1,400 on catering for Parish lunches, RCIA courses, and parish committees. This is partly compensated for by donations received at the lunches.
IT costs have reduced by £1000 as the previous year included some setting up costs for the joint parish office.
Fixed assets include purchase of a silver chalice.