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Archive for February, 2010

Update on last month’s Advanced Warning by Mother Nicola

Sunday, February 28th, 2010

 
It now seems almost certain that All Hallows will end this Financial Year with a deficit of around £14 thousand. As I explained in February’s Newsletter, this is due to a combination of factors which we could not have foreseen:

 Reduced car parking revenue (no summer concerts)

The recession (several generous givers had to withdraw or reduce)

Higher [...]

Advanced Warning …. by Mother Nicola

Tuesday, February 2nd, 2010

Over the past few months it has become increasingly apparent that All Hallows will end this financial year with a substantial deficit – well into five figures. The main reasons for this are threefold:
 

Loss of Planned Giving income, largely due to the effects of the economic downturn on several of our most generous givers
Reduced Car [...]