St Peter's Harold Wood www.stpeterscarshow.co.uk St Peter's Harold Wood
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Money
Giving to support the work of the Gospel at St. Peter's

‘Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver. And God is able to make all grace abound to you, so that in all things at all times; having all that you need, you will abound in every good work.’ 2 Corinthians 9:7-8

The whole range of the work at St. Peter’s, within the local parish and beyond, including children, 20s and 30s, families, the elderly, overseas partners and much else besides, is dependant, under God, on the generous giving of church family members. We would be glad of your partnership in this gospel work through prayer and giving of time and money.

Where does the money come from?

The vast majority of our income is from donations made by members of the congregation. In addition, tax refunds from donations made under Gift Aid are an important source of funding; whilst people remembering the work of St Peter in their wills has been a great blessing to the church. Although our clergy are paid by the Church of England, we pay a contribution to the Diocese of Chelmsford to cover these costs.

What is the money it spent on?

Our highest area of expenditure is staffing costs, followed by payments to overseas partners and mission societies. Buildings and administration costs make up the balance of what we spend.

Our money is spent across a range of ministries in ways and amounts which are monitored and controlled by the elected representatives of the church - the Parochial Church Council (PCC). This constant review, as well as the presentation and publication of accounts each year, ensures we do our best to honour God with the way in which our resources are used.

How to give

Regularly

The most helpful way to give is in a regular committed way, such as by Standing Order. This allows the church to plan our finances much more easily.

One-offs

If you wish to make a one-off donation to the work of St Peter’s, this can be done by sending a cheque (payable to “St. Peter’s PCC”) to the church Treasurer.

Tax efficiently

If you are a UK taxpayer, we would encourage you to complete a Gift Aid form, as this increases the value of your donation, because we can claim back the tax you have paid. Please note that to qualify for Gift Aid you must pay UK income and/or capital gains tax at least equal to the tax reclaimed on your donations.

Alternatively, you could use your employer’s Payroll Giving scheme (GAYE). This is a means of giving from your income before tax is deducted – no Gift Aid Declaration is required.

If you pay tax at the higher rate, you can claim further tax relief in your self-assessment tax return. The Treasurer is happy to give further advice.

Legacies

A number of people have generously remembered the work of St. Peter’s through legacies in their wills. If you would like information on how this may be done, please contact the Treasurer through the church office.

Gift Aid declaration and Banker’s order forms:
General Giving | V21 Building Project