Financial plans :

The Commitment from the Church
The church members have committed themselves to raise £75,000 through direct gifts and to support a loan for £150,000 by increasing their giving by £1000 a month. This would put the churches commitment to £225,000 approximately half the cost of the project We have a number of skilled members of the church who have committed to take time off their current job to work on this project within their specialised areas. These include a carpenter, computer consultant and technician and a builder.

Gifts and Grants from Trusts and other bodies
We anticipate that certain Charitable Trusts, which exist to support projects such as this, will be prepared to offer funding by way of gifts. Other grant-aiding bodies, such as the European Regional Development Fund and the Welsh Churches Act Fund may also be willing to provide some support, but this is not expected to be substantial. To date we have received a £500 grant, a £6000 grant from South Wales Outreach Trust and the promise of a £15,000 grant once building commences

Other Gifts
It is known that some churches and individuals in the area are willing to give towards this project. These sources have recently been approached and as of 1st July, 2005 gifts of approximately £2500 have been received.

Loan from Stewardship Services
The Stewardship Services Trust provides loans usually up to a maximum of £150,000 at preferential rates. This would be a cost-effective way of raising capital on the basis of the value of the existing site and the covenanted giving.