2
SWi-l V Sowxli HV{*^ The Westminster Tradition - Global Gospel Mission Fund Treasurers' report on the Cash Flow Statement for the year 2015 AD Thank God for*raising up our presiding pastor and burdening him with the vision and love to fulfill the Great Commission as well as to restore the doctrines of the Gospel of our Lord Yeshua Christ. God had richly blessed his investment of faith seen in the labourers raised in His harvest fields and our brethren dispersed over the 127 provinces. The bulk of the global mission work was accomplished through the sacrificial spirit of our presiding pastor and his band of missionary pastors (Zephaniah Soh, Joel Chia, Phinehas David Yeoh, Jeshaiah Urn, Zechariah Tan, Micah Basnet, including new recruits like Issachar Bista and Esther Ng) who had given up their careers and undertaken this work full time without pay. There were others such as Haziel Qi (China), Jesher Ma (China), Kadmiel Wang (China), Hushai Guo (China), Abiel Patacsil (Philippine), Exodus Patacsil (Philippine), Hananiah Chew (United Kingdom) and Daniel Harper (United Kingdom) who did mission work while living as tent-makers. It is encouraging too to see indigenous brethren even the youth established in the doctrines and made fellow workers in this ministry especially in India such as Baruch Touthang, David Debbarma, Amaziah Debbarma, Zebadaiah Debbarma and Joey Joy. Some had full time jobs but did mission work or distribution of BRC during the school holidays paying for their own travelling costs or contributed by way of giving their own time, use of their houses and cars. This year, the printing of BRC for distribution in New Delhi, Burma and Thailand was sponsored by some brethren. Thus, keeping in mind that the major portion of the global mission work is not recorded in monetary terms, the financial statement of the Global Gospel Mission Fund represents only a fraction of the investment of God's people. Nevertheless, Tithes and Offerings collected this year increased by 48% over 2014 AD to S$267k. God had blessed His people materially such that they were able to give more during this season of good economic situation. It is worth noting that we are seeing a substantial increase in contribution from the brethren in United Kingdom, China, India and the Philippines. In August this year, out of compassion for the family of our late Filipino pastor, Asa Inhumang, our presiding pastor rallied all our brethren in the 127 provinces to offer financial help. The response was overwhelming. At the same time, a call for financial support was also made to aid our brethren in Nepal who fell victims to the recent earthquake. The response was also overwhelming but this collection has yet to be expended as the seismic situation in Nepal is still unstable and unpredictable. The Total Cash Outflow for the year was S$129k, a drop of 17% as compared to 2014 AD. One third of the expenditure was for Accommodation / Residence for Missionaries. The renovation works for the property in Calcutta was completed in 2015 AD. We thank God that this house can now be used as a resting place for missionaries venturing into Central India and the Himalayan region and as a refuge for wayfaring souls. 21% of the total Cash Outflow was used for Chapel Premises & Renovation, mainly for the maintenance of the Naigaon premises that has been frequently used for international conferences and for the rebuilding of the Anao chapel. Although the chapel was demolished by typhoons and the state of the Anao brethren was spiritually desolate, yet presiding pastor, as Nehemiah of old, tasked Antioch Buminaang, our local pastor in the Philippines, together with our Filipino brethren to accelerate its re-building with the hope of reviving the Gospel work in Anao. Airfare, the third highest item of expenditure, had also increased. Apart from the bi-annual mission trips undertaken by the missionary pastors, our presiding pastor, together with his retinue, made more pastoral visits this year to UK, New York, Bombay, Tripura and eastern part of Australia. Stipends & Charities have significantly dropped by 40% though we continued to grant small monthly allowances to support overseas missionaries Eliezer Pandey (India), Antioch Buminaang (Philippines) and Habakkuk Singh (Himalayan); and Clement Khadka (India) who helps to look after the properties in Naigaon, India. The whole year ended with a surplus of S$138k, an increase of 430% over 2014 AD. In view of the troublous times ahead due to political, social and economic chaos and uncertainties globally, we are thankful for the prudent counsel of our presiding pastor in the usage of funds, especially this surplus could be reserved for rainy days ahead and for conquering the many lands yet to be reached out to. May we continue to look to God to enlarge our tents, stretch forth the curtains of our habitations and lengthen our cords (Isaiah 54:2)1 Reported by Pauline Soh and Hephzibah Chai, Johor Bahru, Malaysia 31 December, 2015 AD

SWi-l V Sowxli HV{*^ · due to political, social and economic chaos and uncertainties globally, ... 2)1 Reported by Pauline Soh and Hephzibah Chai, Johor Bahru, Malaysia 31 December,

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: SWi-l V Sowxli HV{*^ · due to political, social and economic chaos and uncertainties globally, ... 2)1 Reported by Pauline Soh and Hephzibah Chai, Johor Bahru, Malaysia 31 December,

SWi-l V Sowxli H V { * ^

The Westminster Tradition - Global Gospel Mission Fund

Treasurers' report on the Cash Flow Statement for the year 2015 AD

Thank God for*raising up our presiding pastor and burdening him with the vision and love to fulfill the Great Commission as well as to restore the doctrines of the Gospel of our Lord Yeshua Christ. God had richly blessed his investment of faith seen in the labourers raised in His harvest fields and our brethren dispersed over the 127 provinces. The bulk of the global mission work was accomplished through the sacrificial spirit of our presiding pastor and his band of missionary pastors (Zephaniah Soh, Joel Chia, Phinehas David Yeoh, Jeshaiah Urn, Zechariah Tan, Micah Basnet, including new recruits like Issachar Bista and Esther Ng) who had given up their careers and undertaken this work full time without pay. There were others such as Haziel Qi (China), Jesher Ma (China), Kadmiel Wang (China), Hushai Guo (China), Abiel Patacsil (Philippine), Exodus Patacsil (Philippine), Hananiah Chew (United Kingdom) and Daniel Harper (United Kingdom) who did mission work while living as tent-makers. It is encouraging too to see indigenous brethren even the youth established in the doctrines and made fellow workers in this ministry especially in India such as Baruch Touthang, David Debbarma, Amaziah Debbarma, Zebadaiah Debbarma and Joey Joy. Some had full time jobs but did mission work or distribution of BRC during the school holidays paying for their own travelling costs or contributed by way of giving their own time, use of their houses and cars. This year, the printing of BRC for distribution in New Delhi, Burma and Thailand was sponsored by some brethren. Thus, keeping in mind that the major portion of the global mission work is not recorded in monetary terms, the financial statement of the Global Gospel Mission Fund represents only a fraction of the investment of God's people.

Nevertheless, Tithes and Offerings collected this year increased by 48% over 2014 AD to S$267k. God had blessed His people materially such that they were able to give more during this season of good economic situation. It is worth noting that we are seeing a substantial increase in contribution from the brethren in United Kingdom, China, India and the Philippines. In August this year, out of compassion for the family of our late Filipino pastor, Asa Inhumang, our presiding pastor rallied all our brethren in the 127 provinces to offer financial help. The response was overwhelming. At the same time, a call for financial support was also made to aid our brethren in Nepal who fell victims to the recent earthquake. The response was also overwhelming but this collection has yet to be expended as the seismic situation in Nepal is still unstable and unpredictable.

The Total Cash Outflow for the year was S$129k, a drop of 17% as compared to 2014 AD. One third of the expenditure was for Accommodation / Residence for Missionaries. The renovation works for the property in Calcutta was completed in 2015 AD. We thank God that this house can now be used as a resting place for missionaries venturing into Central India and the Himalayan region and as a refuge for wayfaring souls. 21% of the total Cash Outflow was used for Chapel Premises & Renovation, mainly for the maintenance of the Naigaon premises that has been frequently used for international conferences and for the rebuilding of the Anao chapel. Although the chapel was demolished by typhoons and the state of the Anao brethren was spiritually desolate, yet presiding pastor, as Nehemiah of old, tasked Antioch Buminaang, our local pastor in the Philippines, together with our Filipino brethren to accelerate its re-building with the hope of reviving the Gospel work in Anao. Airfare, the third highest item of expenditure, had also increased. Apart from the bi-annual mission trips undertaken by the missionary pastors, our presiding pastor, together with his retinue, made more pastoral visits this year to UK, New York, Bombay, Tripura and eastern part of Australia. Stipends & Charities have significantly dropped by 40% though we continued to grant small monthly allowances to support overseas missionaries Eliezer Pandey (India), Antioch Buminaang (Philippines) and Habakkuk Singh (Himalayan); and Clement Khadka (India) who helps to look after the properties in Naigaon, India.

The whole year ended with a surplus of S$138k, an increase of 430% over 2014 AD. In view of the troublous times ahead due to political, social and economic chaos and uncertainties globally, we are thankful for the prudent counsel of our presiding pastor in the usage of funds, especially this surplus could be reserved for rainy days ahead and for conquering the many lands yet to be reached out to. May we continue to look to God to enlarge our tents, stretch forth the curtains of our habitations and lengthen our cords (Isaiah 54:2)1

Reported by Pauline Soh and Hephzibah Chai, Johor Bahru, Malaysia 31 December, 2015 AD

Page 2: SWi-l V Sowxli HV{*^ · due to political, social and economic chaos and uncertainties globally, ... 2)1 Reported by Pauline Soh and Hephzibah Chai, Johor Bahru, Malaysia 31 December,

THE WESTMINSTER TRADITION - GLOBAL GOSPEL MISSION FUND Cash Flow Statement for AD 2015

CASH INFLOW

Tithes & Offerings from churches

Singapore/ Malaysia (Johore Bahru) United Kingdom

Australia (Adelaide, Bunbury, Canberra & Melbourne) China (include Inner Mongolia)

India (Bombay, Delhi, Gujarat & Himalayan region) Malaysia (Kuala Lumpur & Cameron Highlands) The Philippines

USA

Nepal

TOTAL CASH INFLOW

CASH OUTFLOW

Accommodation / Residence for Missionaries Chapel Premises & Renovation

Airfare

Stipends & Charities Inland Transportation

Miscellaneous Printing & Correspondence

TOTAL CASH OUTFLOW

SURPLUS FOR THE YEAR

2015

s$

144,612 59,251

35,432

l l , 4 d l 8,232

4,944

2,635

556 171

267,264

41,895 27,144

25,860

17,455

13,703

1,632 1,384

129,073

138,191

%

54

22

13

4 3 2 1

0

0

100

32 21

20 14

11 1

1

100

2014

s$

124,746

8,122

34,530

o,ybo 3,450

5,992 120

-

-

180,918

75,881

7,954 20,193

29,170 14,255

6,288

1,109

154,850

26,068

%

69 4

19 2

2 3 0

--

100

49 5

13 19

9

4 1

100

% change

16 630

3 189 139

(18) 2102

0 0

48

(45) 241

28

(40)

(4) (74)

25

(17)

430