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Article: Free Church surplus.
- Article from:
- Stornoway Gazette (Stornoway, Scotland)
- Article date:
- February 23, 2007
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THE Free Church of Scotland's financial position has been transformed into one of surplus.
This is confirmed in the Free Church Monthly Record by their Chief Administration Officer, Rod Morrison.
He states, however, that it is too early to quote precise figures as the annual accounts will not be finalised until next month at the earliest.
"Nonetheless," he says, "the expectation is that the Church will show a fairly significant surplus rather than a shortfall."
He goes on: "Aside from increased congregational giving, the two major items boosting income were a legacy of over [pounds sterling]300,000 to the General Fund of the Church ...