1. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Finance 5 June 2011

2. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL We do not ask people to channel all their giving through Dayspring. We encourage people to take responsibility for there giving to God. So what does this mean?  We ask that people seek out ministries and projects which they connect with to support the growth of the Kingdom of God.  We also ask that people contribute to the cost of running Dayspring Finance Principles

3. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Why do we need people to give to Dayspring?  There is a cost to cover expenses to operate Dayspring  Cost of room hire – Garforth Academy / Welfare Hall  Administration – to support and facilitate things that happen (Hannah and Gill in the Hub to serve, and Annie to serve within the Eldering and communicate between team leaders and beyond).  PA equipment / Projector / Laptops / Licences / Insurance  Up keep of 62C – Maintenance / Gas / Electric  Affiliations – Pioneer / Evangelical Alliance / Yorkshire Baptist Union  Love Offerings  These are not for the day to day running of Dayspring, but to bless people in Dayspring and beyond. They are an opportunity for us to get behind something as a community. Finance Principles

4. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL How do I give to Dayspring?  There are several ways  Through the offering box at the back of our Sunday Baseline meetings  By Cash  By Cheque (Made out to Dayspring Church)  Through the Church office 62C marked for the attention of Keith Swallow  Through a standing order into the Dayspring Account  Through electronic banking in the Dayspring Account Finance Principles

5. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL How can I maximise my giving?  This can be done through Gift Aid for those who pay income tax or pay capital gains tax.  This allows me to claim back from the government the tax you pay on the money you give. Example: If you give £100 then the tax which can be reclaimed £25. This £25 can then be used by the Church to cover running costs. Finance Principles

6. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL What do I need to do to start giving under Gift Aid?  You need to complete a Gift Aid form which states your wish to have the Church reclaim the tax.  You can get a form from Keith Swallow  Your gift can come in the form of a standing order, cheque via the offering box/office or in cash.  Where your gift is given in cash then please put this in an envelop stating your name or Gift Aid number (obtained from me). This is so that there is a clear trail to follow if it is audited / reviewed by the Inland Revenue. Finance Principles

7. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL What is a love offering?  A Love offering is where as a Church community we come together to support a particular activity or person.  We do this as the costs and resources are not included in our budget  The amount we give is over an above our contribution to running Dayspring  Amounts given in a Love offering can also be Gift Aided. Finance Principles

8. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Key points to note on last year’s actuals:  Income in excess of expenditure £4,791  We did not have the HUB manager all year so the salary number is lower than expected  We also got a one off refund from the Inland Revenue of £1,200 Key points to note on the Budget:  Balanced Budget but large faith target  Cost are £12,466 higher than prior year because:  Full year of Hub Manager Salary  No one off refunds for inland Revenue  Baseline costs are higher because of bring in more visiting speakers  LFIS Worker Contribution £600 (Included in Other) So what are Dayspring’s Costs?

9. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Key points to note:  Giving is slightly down which means lower amounts of income tax can be reclaimed  Budgeted income is up £7,675 over last year – this is primarily in the faith target which is high How does Dayspring meet the costs it has?

10. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Dayspring Bank Account Details: YORKSHIRE BANK PLC 10 AUSTHORPE ROAD CROSSGATES LEEDS LS15 8DL Account Name : Dayspring Church SORT CODE 05-00-50 Account Number 11821599

11. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Treasurer Contact Details Keith Swallow Keitheswallow@Supanet.com Telephone 0113 2603735 Mobile 07919 961450

12. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL BACK UP SLIDES

13. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Actual Expenditure 2010/2011 – £43,900 Budget Expenditure 2011/2012 –£56,365 Key points to note:  Income in excess of expenditure £4,791  We did not have the HUB manager all year so the salary number is lower than expected  We also got a one off refund from the Inland Revenue of £1,200 Key points to note:  Balanced Budget but large faith target  Cost are £12,466 higher than prior year because:  Full year of Hub Manager Salary  No one off refunds for inland Revenue  Baseline costs are higher because of bring in more visiting speakers  LFIS Worker Contribution £600 (Included in Other) So what are Dayspring’s Costs?

14. PART OF THE PIONEER NETWORK OF CHURCHES MEMBERS OF THE EVANGELICAL ALLIANCE AND YORKSHIRE BAPTIST ASSOCIATION DAYSPRING IS THE NAME FOR JESUS FOUND IN LUKE’S GOSPEL Actual Income 2010/2011 – £48,691Budget Income 2011/2012 –£56,365 Key points to note:  Giving is slightly down which means lower amounts of income tax can be reclaimed  Budgeted income is up £7,675 over last year – this is primarily in the faith target which is high How does Dayspring meet the costs it has?