To: All who worship and contribute financially
to St Eugene’s Cathedral
As part of our ongoing efforts to keep
worshippers and those who contribute financially informed
of what is happening here at St. Eugene’s, I am happy
this weekend to present for your information the income
and expenditure account for the year ending 31st December
2008. I also use this opportunity to give a Child Protection
update. I hope that you will find the accounts to be self-explanatory
and the update informative.
Our main source of income is derived from
the collection taken up every Sunday at the Offertory, which
in 2008 amounted to £221,068, an increase of 19.18%
on last year. This means that we are now in a position where
our weekly collection is sufficient to cover our weekly
expenditure. I take this opportunity to express sincere
thanks to all who have made this possible by the increase
in their weekly contributions. An equal significant amount
of income comes from other sources such as Gift Aid, shrine
candles, parish draw and interest from savings scheme. Last
year money raised from these sources amounted to £136,987.
2008, like every year, presented its own
challenges on many fronts. In the middle of April last year
we began the re-structuring of the ground floor of the Parochial
House. This work is now completed and has brought the public
area of the house into line with good practice. The work
was expensive and took a long time to complete but I am
of the opinion that it was well worthwhile. Wages/staff
costs are the single biggest item of expense for the parish.
The new layout of the Parochial House presented me with
the opportunity of reviewing staffing requirements and making
the appropriate adjustments. The savings achieved through
this exercise are not evident in the 2008 figures but will
be seen in time.
Turmoil and uncertainty in the financial sector led to the
demise of the Parishioners Savings Scheme. The impact of
this will be felt in years to come. The “Friends of
St Eugene’s Draw” was very successful and could
be repeated in future years.
There were big increases in the cost of
electricity and oil in 2008 (oil has dropped back a bit
in more recent times and hopefully will remain so). To negate
these increases we have tried to reduce consumption, hopefully
without too much impact on people who use the Cathedral,
with the result that money spent on electricity and oil
are the same as previous years.
Looking forward I can say that plans are
at an advanced stage to re-roof and replace the chimneys
of the Parochial House. I have made application for grant
aid from the Environment & Heritage Service and they
are examining the proposals and costs. (If they take an
eternity then necessity may mean that we get on with the
Many people have lamented there being no
parish draw at present. Conscious of the current economic
climate I did not want to make extra demands on people.
I do however hope to have a £20 draw beginning in
September with the draw taking place prior to Christmas.
More details later.
As well as contributions to the Cathedral,
people are generous to many other good causes. On their
behalf I thank those who have contributed.
I also take this opportunity to thank the
huge number of volunteers who give of their time and talents
over the years. The church cleaners, readers, Eucharistic
ministers, collectors, counters, flower arrangers, sacristans
and choir members are among the many. Those who worship
and visitors alike are always very complimentary of how
well the Cathedral looks.