1. Diocesan Accounts 2012 supporting the mission and ministry
of the Diocese of Rochester

2. Each year the Diocesan Synod approves a budget for diocesan expenditure. This includes the cost of deploying our clergy as well as other national and local costs in support of our mission and ministry in our communities. However, there is some other income and expenditure that has to be accounted for that is not part of the Diocesan Budget.
This brief report summarises the year end position for all lines of income and expenditure that form the statutory accounts for the Rochester Diocesan Board of Finance.
Full sets of the financial statements for 2012 are available from the Diocesan website or from the Diocesan Treasurer.

3. 2012 In Summary Total Income was £11,169,700
(of which the budget represented £10,687,800 or 96%)
Total Expenditure was £11,760,000
(of which the budget represented £10,713,300 or 91%)
A deficit of £590,300
(of which depreciation on buildings – mainly parsonages and other housing represented £507,800)

4. 2012 In Summary (continued)
Other investment movements
(gains on investment assets and property)
contributed a further £1,667,300
Net increase in total diocesan funds
£1,077,000
(2011 net increase was only £54,100)

5. Diocese of Rochester 2012 Budget - Actual Income
Parish contributions to clergy costs (56%) £5,998.3
Glebe/investment income for clergy costs (8%) £821.0
Other income for Diocesan work (5%) £488.6
Grants/special funds/reserves etc (2%) £248.8
Parish Share (29%) £3,131.1
_______
Total income £10,687.8

6. Diocese of Rochester 2012 Budget - Actual Expenditure
Clergy stipends/pensions/
training (72%) £7,614.0
Clergy housing (10%) £1,071.7
Mission & Ministry
support teams (6%) £636.5
National Church
responsibilities (4%) £449.0
Other diocesan support
for ministry (7%) £764.9
Lay pension scheme
deficit (1%) £138.3
Diocesan projects/
events (<1%) £39.0 _______
Total expenditure £10,713.4

7. Total Diocesan Income 2008 – 2012

8. Total Diocesan Expenditure 2008 – 2012

9. Reminder of Clergy Costs
In the year we had on average at any one time 196 stipendiary parish clergy in our 220 parishes
The costs of deploying a full-time priest in our Diocese in 2012 as met by the diocesan budget were: (NB there are other costs met direct by parishes on top of this in respect of Council Tax, Water Rates and some minor repair work)
Stipend
£23,830
National Insurance
£1,945
Pension
£8,160
Housing
£5,360
Other Costs (removal grants, training for future clergy,
clerical support)
£5,020
Total
£44,315

10. Parish Share and Stipend
What is the cost to a parish on average?
For 2012:
Parish Share contributions - £3,130,700
Stipend contributions - £5,956,500
Total - £9,087,200
Average £41,305 per parish, but note the previous slide…..
- what does your parish contribute?

11. But how much have we got in total
But how much have we got in total? The Diocesan Balance Sheet as at 31 December Total Assets now £60,234,800

12. Balance Sheet

13. Balance Sheet Comparison
Although the DBF may have total assets of
£60 million this works out as £273,800
per parish, of which the largest amount will relate to the parsonage
Parsonages and other property
represents over two thirds (£186,100)
and the remainder (£97,000) is invested to
help support parishes

14. Diocese of Rochester – an overview
Population
1.25M (est)
Bishops 2
Area
542sq miles
Archdeacons 3
Parishes
220
Stipendiary clergy
196 (fte)
Churches
264
Self-supporting clergy 49
Ministry Houses
225
Licensed Chaplains 28
Church Primary Schools 83
Licensed/authorised lay ministers
700 approx
Church Secondary Schools 6
Clergy in diocesan roles
5.5 (fte)
Lay people in diocesan roles
23.5 (fte)

15. Give thanks with a grateful heart, Give thanks to the Holy One, Give thanks because of what the Lord has done for us