Ledbury Deanery 2008 Budget.

The Diocese has issued a budget which is in less than 4% up on last year. Within our deanery we have decided to retain the same method for allocating diocesan share but for the time being only to show figures for the three benefices. The comparative increases vary from 4% because of interregna in 2007 and 2008 which affected benefices differently.

Table 1. 2008 Budget Figures by Benefice

No. of

Diocesan

PWE

Deanery

Other

Deanery

2008

2007

Increase

Clergy

Total

Admin

Local Costs

Total Costs

TOTAL

TOTAL

2008/2007

From below

1. Colwall and Coddington

1

£51,034

£1938

£113

£2,052

£53,086

£52,996

0.17%

2. Cradley, Mathon And Storridge

1

£46,365

£4,501

£62

£4,562

£50,929

£47,846

6.44%

3. Ledbury Team

3

£153,355

£14,252

£325

£9,202

£23,780

£177,135

£173,333

2.19%

Deanery Total

5

£250,755

£20,692

£500

£9,202

£30,394

£281,149

£274,175

2.54%

 

NB Colwall interregnum & Ledbury sabbaticals forthcoming in 2008.

Cradley interregnum in 2007

 

Table 2. 2008 Diocesan Calculation

2008

Total Basic

Grand

Cost and no.

Cost and no.

Cost and no.

(Parochial )

All other

Educ/Admin

Diocesan

Total

of Parish Clergy

of Houses

of Churches

Costs

Ministry

by C.S.F.

Central Costs

Share

Diocese

£2,536,009

£542,106

£59,900

£3,138,015

£1,086,585

£847,627

£5,072,227

Income allocated

-£251,300

-£159,600

-£410,900

-£457,363

-£200,200

-£1,068,463

Diocesan Total amounts

£2,284,709

£382,506

£59,900

£2,727,115

£629,222

£647,427

£4,003,764

Diocesan Total numbers

81.67

84.88

404

81.67

7219.66

Unit cost of each resource

£27,975

£4,506

£148

£7,704

£90

Ledbury Deanery Numbers

5

5

22

5

519

Deanery Charge for each

£139,874

£22,532

£3,262

£165,668

£38,522

£46,564

£250,755

Group 1 Number

1

1

2

1

117.67

Group 1 Amount

£27,975

£4,506

£297

£32,778

£7,704

£10,552

£18,257

£51,034

Group 2 Number

1

1

3

1

63.95

Group 2 Amount

£27,975

£4,506

£445

£32,926

£7,704

£5,735

£13,439

£46,365

Group 3 Number

3

3

17

3

337.63

Group 3 Amount

£83,925

£13,519

£2,521

£99,965

£23,113

£30,277

£53,390

£153,355

2008/2007 increase and Diocesan Totals

2008/2007

Total Share 2008

Total Share 2007

Percentage Increase

Colwall and Coddington

£51,034

£49,122

3.89%

Cradley, Mathon and Storridge

£46,365

£45,297

2.36%

Ledbury Team

£153,355

£148,292

3.41%

Deanery Amount

£250,755

£242,711

3.31%

 

GHP. 11/11/7. E & O E.

Ledbury Deanery 2007 Financial Position and Year End Projection

(Approximate figures)

 

 

 

In hand

£9,000 (including Q4 advance payments of £4,000)

   

Reserves

 
   

Events

£5,000

B/f + donations

£3,000

Rebate

£1,000

Transferred to current operations (full year)

-£8,000

Final Balance

£1,000

******

   

Q4 projections

 
   

Q4 Expenses

 

Diocesan Share

£60,500

Team Office

£2,000

PWE

£5,500

Total Expenses

£68,000

   

Q4 Income

 

Income From Parishes

£62,000

Rebate

£1,000

From reserves

£5,000

Total Income

£68,000