{"id":118179,"date":"2025-05-21T16:11:03","date_gmt":"2025-05-21T15:11:03","guid":{"rendered":"https:\/\/banneroftruth.org\/uk\/?page_id=118179"},"modified":"2026-03-06T16:06:36","modified_gmt":"2026-03-06T16:06:36","slug":"financial-update","status":"publish","type":"page","link":"https:\/\/banneroftruth.org\/uk\/nextchapter\/financial-update\/","title":{"rendered":"Financial Update"},"content":{"rendered":"\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-6c531013 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28232c24 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>The project is currently estimated to cost \u00a313.5 million. This should see the building completed and furnished ready for occupation.<\/p>\n\n\n\n<p>To date, the land purchase and the work of planning permission and building design has cost approximately \u00a31.1 million and this has been paid for from existing funds of the Banner of Truth.<\/p>\n\n\n\n<p>In addition to the funding for the work already completed, the Banner of Truth has approximately \u00a35 million in cash and property assets that can be put towards the new facilities. This leaves a funding gap of \u00a38.5 million. This is the sum that we are seeking to raise in our fundraising activities.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full has-custom-border margin-top-10 is-style-default wp-duotone-unset-1\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"801\" src=\"https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK.png\" alt=\"\" class=\"wp-image-131182\" style=\"border-style:none;border-width:0px;border-radius:0px;object-fit:cover\" srcset=\"https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK.png 625w, https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK-234x300.png 234w, https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK-117x150.png 117w, https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK-150x192.png 150w, https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK-324x415.png 324w, https:\/\/banneroftruth.org\/uk\/wp-content\/uploads\/sites\/6\/2026\/03\/Book-totalizer-changeable_UK-416x533.png 416w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The project is currently estimated to cost \u00a313.5 million. This should see the building completed and furnished ready for occupation. To date, the land purchase and the work of planning permission and building design has cost approximately \u00a31.1 million and this has been paid for from existing funds of the Banner of Truth. In addition [&hellip;]<\/p>\n","protected":false},"author":60740,"featured_media":118231,"parent":116916,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-nextchapter.php","meta":{"footnotes":""},"class_list":["post-118179","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Financial Update - Banner of Truth UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/banneroftruth.org\/uk\/nextchapter\/financial-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Update\" \/>\n<meta property=\"og:description\" content=\"The project is currently estimated to cost \u00a313.5 million. This should see the building completed and furnished ready for occupation. To date, the land purchase and the work of planning permission and building design has cost approximately \u00a31.1 million and this has been paid for from existing funds of the Banner of Truth. 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