PARISH FINANCE COMMITTEE

The Parish Finance Committee is responsible for the effective running of the Parish Finances.

The Committee meets every two months and considers all income and expenditure matters on behalf of the Parish, with particular attention being paid to the financing of all major projects and building works.

The committee liases with the Diocese and the Parish Fund Raisers to ensure that we have funding and cash flow for Parish Initiatives.

The committee are responsible for Gift Aid (obtaining money from the Inland Revenue), Planned Giving Envelopes, Standing Orders and the Accounts for the Parish. Once the major building projects are complete the committee will be considering the development of a Parish Business Plan and Budget.

 

OFFERTORY GIVING

Our parish is supported by the parishioner’s donations at mass, and by donations for mass intentions, weddings, baptisms, funerals, special appeals and one off donations and legacies.

The Parish has established an approach to our giving that helps us maximise our income and be as simple as possible for our parishioners.

We would like all new and existing parishioners to have a Box of Offertory Envelopes, which we deliver to your home each March, or in the rest of the year for new parishioners a box of envelopes will given to them. These will have a unique number for each set of boxes that relates to your name. The unique number allows us to record donations made in a confidential manner and then make a claim from the Inland Revenue for 28p for each £ donated from the taxpayers in our community, as we are a charity. So if you gave £100 we could claim back £28 for example.

 

How is this done?

Quite simply. If you have an income from paid employment, a pension or from investments on which you are paying income tax or if you have paid capital gains tax we can claim back 28p for every pound given provided that a very simple Gift Aid Declaration Form is completed, these are available from the back of the Church or from the contacts named below. The only condition is that you must have paid the tax in the first place.

If you are a higher rate taxpayer there is also an additional benefit for yourself, as you can claim the difference between the higher rate, which you have already paid on your income and the basic rate which the church will have claimed back for yourself via your Self-assessment tax return.

Please remember that signing a Gift Aid Declaration Form does not commit you to a set amount of giving and should your financial circumstances change you can reflect that in the amount you donate to the parish.

We also encourage parishioners to consider setting up a Standing Order from their bank to the parish and we will provide the forms and details for those who are interested. Even if you have a Standing Order our experience has shown that a lot of our parishioners contribute to special collections or have given donations separately and we would therefore give you a set of envelopes for your use with its unique number so that we can record your giving and then we can claim the income tax back from the Inland Revenue.

The combination of Offertory Envelopes with their unique number, a completed Gift Aid Declaration Form and a Standing Order have helped the parish to develop an important part of our income so that we can continue to develop the community that is Our Lady of Lourdes Parish.

 

How to contact us.

For further information on any of the above points can be obtained from Keith Fernett 8530 2263 or Michele Murphy on 8556 7917, by request to the presbytery or to the parish office by email on wanstead@dioceseofbrentwood.org and we will provide the forms, offertory boxes and any information that is required.

OFFERTORY COUNTERS

VOLUNTEERS to count the Offertory collection - three or four times a year only . Please contact the Parish Priest or Willie Burns 0208 989 8029.

RETURN TO PARISH GROUPS