Finances at St. Luke's - Start of 2020

What are the challenges for our 2021 finances?
As for many people and organisations, 2020 was a challenging year financially speaking. As a result St. Luke's ended the year owing the Diocese £10,000. 2021 will also be a challenging year. At present we reckon we need an additional £20,000 to £25,000 of one off giving on top of the money people already plan to give and contributions we expect to receive from services to be able to meet our £80,000 budget in full.

You may ask what the £80,000 pays for. £20,000 goes to the running costs of the church, paying for an administrator for 8 hours a week, the heating, lighting, maintenance and insurance of the church building and various other expenses and running costs.

The rest of our budget goes to the Parish Share - about £60,000, which we pay to the Diocese. So what does the Parish Share pay for?
About £50,000 goes towards the cost of employing the vicar. This is broken down into three parts:

• £27,000 for the Stipend (the money the vicar receives to live on)
• £12,300 for National Insurance and pension contributions
• £10,700 for housing costs associated with the vicarage.

The other £10,000 we pay towards Parish Share is for the Diocesan 'Shared Costs'. We pay less than most for this (the average across the Diocese for a benefice - the set of churches run by one vicar- is £33,500). We pay less partly because we have less adult members than the average benefice and partly because Ramsgate is a more deprived area. Over half of these shared costs goes towards the costs of training new vicars (including the costs of curates like Claire who is joining us in July). The rest goes to support various Diocesan ministries and mission and the necessary administration.
To read about all this in more detail check out this recent explanation from the Diocese: Demystifying Parish Share.

The easiest way to give to St. Luke's is to use give.net, please just click the yellow button above.

You can also use the bank details below to make payments to St. Luke's. If so, please state clearly in the reference what the money transfer is for.
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​Another way to help is to sign up to use 'Give as you live' (see below).

Direct Bank Transfer

You can set up a one off transfer to St. Luke's or a standing order using the following bank details. 

Bank Name: CAF Bank Ltd.

Sort Code: 40-52-40

Account Name: PCC of St. Luke's Parish Ramsgate

Account Number: 00015701

Gift Aid

If you want to Gift Aid this gift, then please let our treasurer know by filling in the form below and clicking 'Submit'.

You will need to copy the following into the comment box below and add your name and address:

Please treat as Gift Aid donations all qualifying gifts of money made from the date of this declaration and in the past four years. I am a UK taxpayer and understand that if I pay less Income Tax and/or Capital Gains Tax than the amount of Gift Aid claimed on all my donations in that tax year it is my responsibility to pay any difference.
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Full Name :

Address:

Postcode: 

​Amount:

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NOTES: 1. Please notify the church/PCC if you:
• Want to cancel this declaration
• Change your name or home address
• No longer pay sufficient tax on your income and/or capital gains. Gift Aid is linked to basic rate tax, currently 20%, which allows charities to reclaim 25p for every £1 donated.
 2. If you pay Income Tax at the higher or additional rate and want to receive the additional tax relief due to you, you must include all your Gift Aid donations on your Self-Assessment tax return or ask HM Revenue and Customs to adjust your tax code.

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