Task Completed
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Reserves
Charity Commission, biblical wisdom (Prov 21:20) and good stewardship practice suggest that churches hold reasonable levels of reserves and that those reserves are used in pursuit of the aims of the church. Getting this balance right is not easy and preparing a good reserves policy can really help gain clarity on this important point. Our aim here is more limited: to discover what the level and use of reserves can tell us about the church's financial situation.