Counties annual finance update

New figures reveal God’s provision for Counties.

Thanks to compassionate donors and grant partners, Counties spent £707,000 on its charitable activities in 2019 - helping to reach even more people with the Gospel throughout the UK. The figure was released in an annual finance report at Counties AGM last month.

Treasurer Simon Bennett gave an update via Zoom to trustees and supporters, his findings for the year up to 30 September 2019, reveal:

General Fund Deficit Sept2019• The general fund income was £612k (2018 - £706k), this was mainly due to less received from legacies.
• The expenditure increased to £707k (2018 - £689k), mainly due to increased activity with the training aspect of Counties work.
• Overall, the charity made a deficit of £38,518. This can be broken down into a general fund deficit of £83,911 and a surplus on restricted funds of £45,393.

Simon said: “Despite the fluctuations in Counties income, the Lord has always ensured we have enough. We would like to thank everyone from individuals to churches to grant providers for the part that they have played in helping to meet our financial needs.

“I am always encouraged that 78 per cent of our expenditure is spent directly on charitable activities - £385k evangelist gifts, £154k GSUS Live, £94k on the Life exhibition and Key to Life exhibitions. We should also all be grateful to the Westbury team and their frugal management of support costs (only 22 per cent of expenditure) and still keep the charity running smoothly and efficiently.”

Analysis Expenditure Sept2019

Counties has three restricted funds (money which can only be used for specific purposes):
• Two of these broke even – the GSUS Live Fund because this exhibition is generously funded 100 per cent by a trust and the Evangelists Fund, which exists to pass on gifts received with an expressed wish straight to the evangelist together with any Gift Aid that can be claimed.
• Counties Planting Network Fund (CPN) gave rise to the surplus of £38,518 due to residual funds gifted by CPI when the work was passed over to Counties.

Simon continued: “Looking forward there is much work to be done and God is providing us with many exciting opportunities, but this in turn places demands on our finances. Of more immediate concern is the impact of Covid-19 on our evangelists and exhibitions.

“Our exhibitions have been temporarily closed and we have also taken steps to increase the evangelist gift short term, as they find new ways of working and reaching out. Please remember their needs at this time.

“With more evangelists; renewed effort devoted to the training aspect of Counties work from the young people through to the evangelists; and significant opportunities opening up with church planting and revitalisation; we need to find ways of funding these without being a detriment to existing important works. We ask you to pray for the work of Counties and consider whether you can help.”

For more details on ways to support Counties, please visit here.

Every valley shall be raised up, every mountain and hill made low;
the rough ground shall become level, the rugged places a plain.
And the glory of the Lord will be revealed, and all people will see it together.
For the mouth of the Lord has spoken. Isaiah 40.4-5