Finances and Giving
Thanks for your interest in giving and finances at Woodford Baptist Church. This page explains the different ways available to you to give, and where the money goes. At the bottom of the page you'll find a link to another leaflet, ‘Opening the Floodgates of Heaven’ a 14-page booklet explaining Biblical principles for our finances which is free to download. Copies of this information, along with the Floodgates booklet as well as offering envelopes and Gift Aid Forms are also available by each of the offering boxes in the building.
Different ways to give
Bank Transfer. Many members choose to give through the bank every month by Standing Order. If you use internet banking you can set this up easily once logged into your account (we also have Standing Order forms available at church for those that don’t use Internet banking). If you are able to Gift Aid your donation please make sure you have filled in a Gift Aid declaration, and that we can identify your gift(s) by using your name as the reference. The church’s account details are: Account name - Woodford Baptist Church. Sort Code: 20-52-74; Account number - 80977675.
Cash or Cheque (payable to Woodford Baptist Church). You can use the offering boxes at either the front or back of the church to give by cash or cheque at whatever time suits you – there is no offering or collection taken as part of the service. If you are able to Gift Aid your donation please use one of the envelopes provided so that we can identify your gift(s).
Online right now at http://woodfordbaptist.believe.in/donate/
Other Ways. Some people choose to give anonymously through Stewardship or CAF. Some give through their companies or via their Payslip, using Give-As-You-Earn or other Payroll giving solutions. Some companies even match employee giving.
Leaving a Gift in Your Will. Many people have left gifts to their church in their will. If you would like more information or a leaflet about this please contact the office.
How is Woodford Baptist Church funded?
We are an independent church that is completely self-financing through the church members and attendees. We receive no denominational or external funding. This means that we share responsibility for the finances of the church.
For the 2013/14 financial year, the income of the church of £162,795 was received as follows:
How is the money spent?
For the 2013/14 financial year, the expenditure of the church of £180,085 was distributed as follows:
Giving to our Mission Partners
We tithe at least 10% of the church’s income to our Mission Partners, listed below. If you would like to give a special gift towards a particular mission partner, who will receive 100% of your gift plus the Gift Aid where applicable, you can simply mark your envelope with the name you want to give to from those below:
Three members serving with Horizons and based in France and Wales
One member serving with Nations and based in Wales
Four members serving with YWAM and based in Nuneaton and Harpenden
Christian Education Project Serving schools in the borough of Redbridge
London Baptist Home Mission for churches that couldn't otherwise afford a minister
Christian Kitchen Serving the homeless and hungry in Walthamstow
180 Project Serving rough sleepers in Waltham Forest
Want to know more?
Our full, independently examined, accounts are publicly available online through the Charity Commission’s website and our Treasurer presents quarterly figures at church meetings. We are more than happy to talk to anyone who would like to know more, or who might be interested in joining our Finance Team.