Building a diverse church
serving the communities of London

26th April 2018

Handling Money Well

At a recent stewardship seminar held at King’s, I discussed the importance of regularly setting time aside to work on household finances. Making time in our week to ensure we have paid our bills and reconciled expenditure against both income and budget is a good habit to get into. I tend to look at our family finances every week, sitting down on a Saturday morning at the kitchen table with my spreadsheet on the laptop – as you know, I love a nice spreadsheet! In fact, I have several for our personal finances – one for our monthly budget, another for our annual budget and one with a twenty-year projection. What fun!

Church families also have a responsibility to steward their finances well. Last night we held our annual Vision Night at King’s, a very important moment in our church calendar. This is an evening when the leadership of the church give an account for the generous giving of God’s people and how that money has been spent towards the fulfilment of our vision. When I started at King’s, our budget was a few hundred thousand. Today we are managing an expenditure budget of over £2 million each year. That is quite a responsibility!

The finances of King’s are overseen by a team of five trustees: Simon Linley (Chair), Ossie Klass, William Dalziel, Ayo Oyabayo and me. As Senior Pastor, I am the only paid member of staff on the board and provide an essential link between the trustees and the eldership and staff. We meet monthly to oversee all financial and legal aspects of church life. This trustee board is served by a group of four staff involved in the daily management of the church family purse, led by our Executive Pastor, Tristan Newman.

I am very grateful to God that King’s is served by such an excellent team of people, who ensure our church budget is run with integrity and with best practice. I am also extremely grateful for the continued sacrificial giving of everyone at King’s, who trust us to steward our resources well.

This coming Sunday I am told we have 15 people being baptised across the church, with baptisms in each meeting and on every site! It promises to be a great day and I look forward to seeing you all on Sunday.


Steve Tibbert

Posted by Steve Tibbert
08:00


Steve Tibbert leads King’s Church London, with sites in Catford, Downham and Lee. Over the past fifteen years the church has seen continued growth, both in size and diversity. Steve is also involved in Newfrontiers and regularly coaches other lead elders. His book, Good to Grow, was published in July 2011. He is married to Deb, and they have three sons.

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