Finances 2021 

The Finance Committee approved the budget for 2021 in all the uncertainties  due to the Covid pandemic.  Projections on income and staffing costs will inevitably be problematic as will be the time when the parish can resume the normal liturgies and other parish activities. The conclusion was that by the year end there could be a revenue deficit of approximately £40,000.  Whilst we have sufficient reserves, the hope is that we will be in a position to start the expensive repair works to the external fabric of the church before the end of 2021 so that as the year progresses we will need to minimise the deficit if al all possible.
For further information please click budget summary and budget expenses.

Accounts January - March 2021

The second lockdown has severely restricted liturgical and pastoral activities resulting in most staff being furloughed for half their normal hours. The accounts for the first quarter of 2021 have resulted in a deficit of £28,000. There is a degree of uncertainty in the figures as queries have arisen due to the gradual transfer of the accounts to a new system being introduced by the diocese.
For further information please click on January - March 2021 Balances and January - March 2021 Summary.

If you would like further information about the parish finances, please contact Chris Woodward, Chair of the Finance Committee at finance@sacredheartwimbledon.org.uk