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Finance

 

 

The Committee is responsible for the general financial oversight of funds administered for the benefit of the United Reformed Church under the overall authority of the General Assembly, for ensuring that proper procedures are in place for the maintenance of accounting records, the safe custody of assets and the preparation of financial statements, for giving financial advice to other councils of the church as appropriate, and for taking such decisions with regard to the finances of the Church as are necessary within the policies set by General Assembly.

 

Committee Members

Convener:  Mr Graham Stacy (Hon.Treasurer – until 31.12.02)

Mr Eric Chilton (Hon.Treasurer – from 01.01.03)

Secretary: Ms Avis Reaney (Financial Secretary)

Mrs Alison Holt, Mr Gordon Latham, Revd John Piper, Miss Muriel Proven, Mr John Rowatt, Dr Brian Woodhall (Convener, United Reformed Church Trust) and Mr John Woodman.

 

 

1 Personalia

 

1.1 On 31st December 2002, Graham Stacy retired as Honorary Treasurer after 6 years.  Graham has made an outstanding contribution to the life of the Church.  He has overseen the improvement of much of the work undertaken by the Finance Office at Church House and has also streamlined the way our accounts are presented to General Assembly.  He has been a strong advocate for change in the way we operate generally in the Church and has been influential in the many committees in which he has served at Church House.  He will be sorely missed.  We wish to record our grateful thanks on behalf of the whole Church for all he has done for us.

 

1.2 This year the Committee also bids farewell to Gordon Latham and John Piper whose terms of office are completed at this General Assembly.  We thank them both for their valuable contribution to the work of the Committee.

 

 

Resolution 21 Accounts

 

General Assembly adopts the accounts for the year ended 31 December 2002.

 

 

1 2002 Accounts

 

1.1 The 2002 accounts are set out in Appendix 6 and include a report from the Finance Committee commenting on the result for the year and the financial position as at 31 December 2002.

 

 

Resolution 22 Ministry and Mission Fund

 

General Assembly gratefully acknowledges the giving of the churches in 2002 to the Ministry and Mission Fund and the work of the local church, district and synod treasurers.

 

 

1 The giving of the members of the Church to central funds

 

1.1 The financial operation of the Plan for Partnership in Ministerial Remuneration could not happen if each Church Treasurer did not make very great efforts to ensure that the money required for this part of the work is in the local bank account on 20th of each month, for collection by direct debit.

 

1.2 That this system runs very smoothly is evidence of much hard and devoted work, and in thanking the Church for the response to the appeal for Ministry and Mission, the committee would also wish to acknowledge that largely unthanked group, the treasurers, in local churches, and also at district and synod level.

 

 

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