Below is the Finance Report for August 2023. These have been updated to provide a fuller understanding of our financial position.
In the report, the Cash Flow graph represents our ‘Cash at Bank’ at the end of each month. ‘Cash at Bank’ refers to all our bank accounts, excluding Capital Funds or Special Projects Account. The second graph illustrates the gap between budgeted and actual giving to help us see how any ‘gap’ is tracking.
We are currently below our giving target by 15% so please take the time, if you haven’t already, to review your giving for the rest of the year.
For a more detailed explanation of our current financial position, or if you have any questions, please feel free to contact our Finance Manager, Janet Sutton, for more information – 3398 4333 or accounts@livingchurch.org.au