• Annual Accounts

    The annual accounts are being considered by Synod Members. David Palmer proposes the accounts. There will be a lot more later on Pensions.

    The St Serf’s trust is to be wound up and its finances dispersed to several charities which help older people.

    Finances – David Palmer notes that income has been slightly higher than expected. Expenditure is £117K below budget. There is a surplus that is higher than expected – over £200K.

    Expenditure by boards was underspent due to grants not being spent and boards reigning in their expenditure.

    Lower than expected take up of ministry funds and some surplus because some curacies have ended sooner than expected.

    Accounts are reasonably healthy but still needs careful management. Standing Committee will be focusing on Whole Church Mission and Ministry Policy.

    Budgets – Boards and Committees have considered their budgets and made submissions to Standing Committee. Boards have been asked to critically review budget proposals. Legacies are capitalized and not used to fund current operating funds. General Synod is heavily dependent on investment income. Falls in stock market have been significant. £200 K a year lost. Note also the increase in pension contributions needed.

    Small surplus budgeted for in coming year.

3 responses to “5 things about exams that matter more than results”

  1. Matthew Pemble Avatar
    Matthew Pemble

    The important thing isn’t the results themselves, but whether you can carry on and do what you wanted to do, whether or not you need to take a little detour on the road. I was lucky and didn’t. Many people aren’t as fortunate.

    My heart goes out to all those older kids / young adults who are looking at their SMS or results sheet and think their life is in ruins. Really, it isn’t.

    1. Beth Routledge Avatar

      In the end, that little detour on the road is sometimes the thing that makes the journey better and prettier and more fun.

      I’ve been where those kids are today. It’s not the end of the world. It feels like it, but it’s really not.

  2. Imogen Vibert Avatar
    Imogen Vibert

    Lovely words of wisdom! As a school chaplain I’ll be in for A level & GCSE results days in England soon…think I might just print a few copies of this off to take with me. 🙂

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