We have a generous God! Everything we have comes from Him, and we recognise that our giving is an act of worship.
We have two giving accounts:
1) Our Main Account
This is our main account for the general running of the church and our contributions to work abroad.
Our planned expenditure for the current financial year (2022-23) is £799k and the pie chart below shows how this is apportioned between our various ministries and cost areas.
Virtually all the income to support the work we believe God is calling us to do, is derived from the generosity of His people. We do receive a relatively small amount of income from letting parts of the Millmead Centre to external groups, but this is small in comparison to income from giving – see the pie chart below.
As shown above, in order to meet our planned expenditure in the current financial year, the Elders are believing in faith for new Standing Order giving of £64k, which equates to an increase of 14%. Even with this increase in regular giving, we still anticipate a deficit of £42k at year end, but we are already seeing God provide for this with a number of generous one-off gifts and we are confident in His faithfulness and the generosity of His people!
If you would like to give financially to the regular work of Guildford Baptist Church, please refer to the Ways to Give guide below and use the Main Account if giving by bank transfer. Also, our Finance Elder, David White, has recorded a short video (click here) to further explain how the increase in Standing Order giving might be achieved.
2) Our Building Project Account
This account is a special account solely for our building project.
After some years of pre-funding each stage of the work, we decided to borrow an amount to get the building project finished rather than having it continue for further years.
We originally borrowed just under £1.5m but also had member loans to repay, and a retention on the work, so that in April 2021 we really owed almost £1.6m. The elders felt that it would be good to try and get this repaid in three years.
We set a target of £480,000 for the first year (ending 31 March 2022), and achieved this as the following chart shows.
We again set a target of £480,000 for the second year (ending 31 March 2023), and the current position (August 2022) is shown by the following chart.
The amount we still owe is so large and with all the other calls on our finances, we can be encouraged to pray and rely on God, who ‘will meet all your needs according to the riches of his glory in Christ Jesus’.
Cash or Cheque
You can give in cash during Sunday service collections. Cheques should be made payable to Guildford Baptist Church.
Bank Transfer (BACS)
Gift Aid adds 25p to every £1 you donate and it can be applied to all methods of giving if it can be identified that you paid it and if you are a UK taxpayer.
To set up gift aid, please complete this form and return via post or Sunday pigeonholes to:
John Overington, Gift Aid Secretary; Church Office, Guildford Baptist Church, Millmead, GU2 4BE