Below is the Finance Report for May 2021. The Cash Flow graph represents our ‘Cash at Bank’ at the end of each month. ‘Cash at Bank’ refers to all our bank accounts, but not our Capital Funds or Special Projects Account. The second graph shows the gap between budgeted and actual giving – this helps us see how the ‘gap’ is tracking.

We are working with the receivers to provide the necessary financial information, but as has been explained, we are operating as ‘business as usual’ and this is the same for our accounts – our day to day expenses including wages, facility costs and ministry expenses are paid using our bank accounts which have not been effected by the current situation.

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