Annual Report 2010 Mission Statement

St Paul’s Cathedral stands as a symbol and focus of the presence of God in the world and is served by a community of people who work and worship in this place.

Founded in 604, we continue to share in the ministry of the Bishop and and in the wider mission of the Church throughout the world.

In the 21st century we present a place of refreshment and encounter in which Church, City and nation meet to celebrate a common history and discern the kingdom of God within the new horizons of an international metropolis.

Using our diverse skills we cherish for future generations the inheritance of worship, scholarship, teaching, music making, art and architectural craft.

Valuing this inheritance we are committed to the cultural diversity, equal opportunities, and personal development of all who work here.

We welcome all who visit this House of God.

The Chapter of St Paul’s Cathedral The Right Reverend Dean’s Report Dean of St Paul’s

In 1955, G L Prestige published his book, “St Paul’s in its at St George’s, Windsor. Both contributed much to the life and Glory 1831 – 1911”. In it he tracks and describes the ministries atmosphere of the Chapter House. We thank them for their work. of those who in the nineteenth century transformed the dark, During the year there were as usual services for the dirty and unloved building that was St Paul’s into the sparkling, United Guilds, the Seafarers, the Sons of the Clergy, vibrant place we enjoy now. Each generation in turn adds to this the Order of St Michael and St George, the Order of glory in some way or another. In writing my report for the year, St John of Jerusalem, the American community on Thanksgiving I must pay tribute to one who has left a substantial legacy to Day and for the Society of Knights Bachelor. To these were St Paul’s. I speak of Canon Lucy Winkett. Lucy was appointed a added special services for the Swedish Church in London Minor Canon in 1997, and a Residentiary Canon and Precentor celebrating its tercentenary, for the 70th Anniversary of the in 2003. On 14th October 2010 the inducted Battle of Britain and for the Save the Children Fund. The her as of St James’ Piccadilly. Thus ended thirteen years cathedral continues to support the diocese and the wider of service to St Paul’s. Lucy brought so much to her ministry church by hosting confirmation services, ordinations of here. She was a capable preacher; a fine singer; a staunch and and the consecration of bishops. defender of the underdog; a of compassion and fire; a strong and supportive colleague. She is much missed. Lastly, I wish to place on record my thanks to all those who in any way welcome the many thousands of worshippers The Chapter was also extremely sorry to lose Canon and visitors that come to St Paul’s in any year. Without their Martin Warner from the Chapter in 2010. He was consecrated devotion, whether as paid staff or as volunteers, we would Bishop Suffragan of Whitby in on 26th January. not be able to deliver the high standard of ministry we offer. As Canon Pastor and then Canon Treasurer he brought a rigour and deep commitment to his ministry, as well as a great sense of fun! His work amongst those unaccepting of women’s ‘The cathedral continues to support the ordained ministry within the Church will be a particular loss diocese and the wider church by hosting to the diocese. Canon joined Chapter in October confirmation services, ordinations of as Treasurer and this year saw the lay element of Chapter deacons and priests, and the consecration complete, with the appointment of Gavin Ralston as Lay Canon (Finance) and Peter McCullough as Lay Canon (History). The of bishops.’ lay members of Chapter remain a vital part of our corporate life, committing much time out of their busy professional lives to the work of the cathedral and its worship. Two other people left us at the end of the year. Patrick Wilkins resigned as Secretary to the Friends of St Paul’s Cathedral after ten years in post. He remains as Secretary to the Wandsmen. Nigel Kirkup left the Foundation for a post The Right Reverend Graeme Knowles Liturgy and Music Dean and Acting Canon Precentor

With Canon Lucy Winkett’s appointment all who plan and deliver the liturgy are Cathedral Choir conducted by as Rector of St James’ Piccadilly, I took considerable, and the Chapter aims to Andrew Carwood. over responsibility for the Canon limit the number of special services so Thanks to generous support from Precentor’s work in August of 2010. that the level of quality can be maintained. Lloyds Banking Group, we were able to Any one extra service involves a number The major work that Canon Winkett use screens to relay three of the Christmas of meetings where the hopes and wishes achieved, working closely with Andrew Carol Services to those who were unable of the organisation sponsoring the act Carwood, the Director of Music, was to get into the cathedral. These were of worship are heard and crafted into an the renegotiation of the Vicars Choral erected in Paternoster Square and were order of service which meets their needs contracts, together with the abolition of a great success, despite adverse weather and aspirations. This is time consuming but the post of Assistant Vicars Choral. This conditions! It is hoped that the Chapter immensely rewarding work. was a huge undertaking, and was carried will be able to repeat the experiment in out with the full co-operation of the The choristers performed at the Proms 2011. Congregations over the Christmas Vicars Choral themselves together with in 2010, as well as providing soloists period continued to be at capacity. the Human Resources Department of the for singing of the Bach’s St John Passion Worship, music and liturgy remain at the cathedral. Twelve Vicars Choral now sing and Handel’s Messiah. Recruitment of heart of the mission of St Paul’s, and our on a Sunday, rather than eighteen, although choristers remains a priority for the thanks must go to all those who create there are occasions when this number Director of Music and the Chapter, and the atmosphere in which this is achieved. is supplemented. action is being taken to ensure a steady On 21st January 2010, the Reverend flow of suitable boys. Much work is Sarah Eynstone joined the Minor Canons also being done to raise funds to assist ‘Thanks to generous as Chaplain. She has served her title at chorister parents in meeting the financial support from Lloyds outlay they face in having a son in the Hampstead Parish Church after training Banking Group we were for ministry at Wescott House, Cambridge. cathedral choir. able to use screens to relay In addition to her liturgical input, I am 2010 also saw the launch of a composition grateful for her work with the Canon competition ‘New Music for St Paul’s’, three of the Christmas Pastor in providing pastoral support to supported by the Boltini Trust. The Carol Services to those visitors and staff, and for her participation Dean and Chapter invited composers who were unable to get in the work of the Schools and to submit new choral work for the Families Department. chance to win a prize of £1,000 and a into the cathedral. These The Minor Canons and Music Department premiere performance at St Paul’s. Andrew were erected in Paternoster are to be congratulated on the way they Cusworth was the first winner and his Square and were a great continue to deliver the high quality of anthem ‘Factum est silentium’ (Antiphon success, despite adverse word and music in the liturgy of the for St Michael) was premiered at the cathedral. The demands placed upon Musicians’ Company Evensong by the weather conditions!’ St Paul’s Forum debate on Happiness with Canon Oakley, Canon Fraser and Susie Orbach

The Reverend Canon Dr Education Chancellor

Education remains a core priority at big questions of life and faith: love, traders to hear a talk on the ethics of St Paul’s and continues to be expressed suffering, death, happiness. The big set the influential financier Siegmund Warburg. in the work of three departments: piece autumn public debates on the Work in this area remains challenging as Schools and Families, St Paul’s Forum cathedral floor have been given a slightly banks often don’t see what there is to and St Paul’s Institute. different format, with two contributors gain from public debate on ethics and the and a chair instead of four. This allows churches have yet to find their voice on a The Schools and Families department has more time for each contributor and makes subject that can be technical and difficult. seen steady and impressive development I am currently making a two part series for with Janet Marshall now firmly at the helm. conversation easier to follow. This year Radio 4 on Christianity and Money to be We continue to receive a great many we blended contributions from experts broadcast in June 2011. requests from schools around London like Susie Orbach, Oliver James, Stanley for the tours offered by the department Hauerwas, with the in-house team of with 27,000 children passing through our Fraser, Oakley and Winkett. Those who ‘This year we blended various programmes last year. The tours missed this excellent programme will be contributions from experts able to watch it on a forthcoming DVD of themselves have been developed, popular like Susie Orbach, Oliver ones enhanced, less popular ones dropped the series. On top of the autumn series, and new ones created. Attractive new the Forum has taken over responsibility James, Stanley Hauerwas…’ brochures have been published that clearly for the Sunday lunchtime slot, giving this lay out the various options for schools, a more distinctly educational flavour with One further part of our wider carefully linking what we have to offer with outside speakers coming to give a talk, Educational work is my own contribution the needs of the National Curriculum. face questions and promote their book. to public debate in the media. This year, I have continued my weekly Church Of particular importance to me is that The big new development at the Times column, returned to writing more we become a little less nervous of linking St Paul’s Institute is the arrival of the frequently for The Guardian, as well as the history and architecture of the new website — www.stpaulsinstitute. regular slots on Radio 4’s Thought for cathedral to the faith that inspired it. And org.uk — on which we are hosting a the Day — a broadcast on the cost of through Janet we are gradually shifting the great deal of the debate surrounding the weddings making a particular impact. emphasis of our programmes to bring this whole question of Christian ethics and I have also written for The Telegraph, out. Another development is the move the financial world. Robert Gordon is The Daily Mail, appeared on Newsnight into a greater emphasis on older children leading this work, making important links and Channel 4 News. I am also working and teenagers. with other organisations working in the on a book on military ethics. The St Paul’s Forum has had a very field and setting up various debates and exciting year. Led by Elizabeth Foy, this seminars on related topics. Professor Niall aspect of the Education family seeks to Ferguson’s lecture on the cathedral floor deliver our adult theology programme was a particular high point, packing the with the emphasis in 2010 being on the building with a city crowd of bankers and The Right Reverend Canon Pastor’s Report Canon Pastor

Oculus: an eye into St Paul’s © Ralph Appelbaum Associates & Esto / Peter Mauss

The doors at the west end of St Paul’s spiritual teachers talk about the challenges, own journey round the cathedral, informed Cathedral proclaim Jacob’s famous words: contradictions and joys of being a Christian by images and commentary. This has led to “This is none other than the house of in the world today. The audience is growing a great quietening of the cathedral and to God, this is the gate of Heaven”. Words of steadily and these events are gathering more people asking for specialised tours promise to all who visit us and a challenge strength as an interesting forum for by our working guides. to those who work here. The challenge Christian laypeople to talk about the The exhibition, Oculus: an eye into St Paul’s, is that of making every visit a potential big questions of life and faith. opened in July. This is a 270º film experience encounter with the love and the beauty of that brings the cathedral’s 1400 year history God. It is a challenge that is embraced by ‘Because of its iconic to life and opens up areas of the cathedral clergy and laity alike as we welcome people nature, its architecture and that visitors with mobility issues might not on visits, pilgrimages and for worship. its popularity, St Paul’s is otherwise reach. The overall impression is of Because of its iconic nature, its architecture recognised as one of the St Paul’s as a vibrant church in the heart of and its popularity, St Paul’s is recognised as the city, where worship is the heartbeat and one of the leading visitor attractions in the leading visitor attractions rhythm of each day. Oculus was generously United Kingdom and people come in even in the United Kingdom and funded by World Monuments Fund © greater numbers to the cathedral. In 2010 people come in even greater American Express Partners in Preservation 1.9 million people entered those revolving Programme, J. P. Morgan, the Garfield doors, representing a 1% increase in the numbers to the cathedral.’ Weston Trust for St Paul’s Cathedral, the number of visitors and a 10% increase City of London Endowment Trust and AIG Exciting developments have been made in the number of people coming to the (now Chartis). This new experience goes in our provision for visitors and tourists. cathedral to worship. A very encouraging hand in hand with a new guidebook — Time and consultation have led us to divide statistic which shows that we continue to which means that people can now read those people who work as stewards in the grow in our prime function of being a place about the cathedral in eight languages cathedral, into two teams. The Admissions of worship, that people are experiencing including English. team is responsible for the initial welcome something of “the house of God...the gate of people into the cathedral and working on The Dean and Chapter are grateful to staff, of Heaven” in our cathedral. the tills while the Visits team is responsible both paid and voluntary, who helped bring For regular members of the Sunday for helping people obtain the most out of about these innovations and who work congregations there have been occasional their visit by guiding and giving information seven days a week to welcome and inform congregation meetings after the main to them. This change has helped not only all who come here. We all work with the Sunday Eucharist. The Institute has given to define roles but has also given the hope that we help people experience this more regularity and content to these stewards the opportunity to play to their place as “none other than the house of meetings by beginning a new lunchtime own strengths and interests in their work. God...the gate of Heaven.” series on the first Sunday of each month, Visitors are now given a new multi-media in which contemporary theologians and guide which enables them to make their Gavin Ralston Fundraising Lay Canon

An image fromSt Paul’s in the 21st Century exhibition

Following the completion of the Nigel Kirkup, who moves to a similar the “choristers’ charity” — the major campaign for the restoration role at St George’s Windsor after five St Paul’s Cathedral School Foundation. of the building, the Foundation is now years at St Paul’s, and steering the This has hitherto been a separate unit concentrating its fundraising activity on £40m campaign to its conclusion. Roger which, with the Friends, we are now ongoing activity such as music in the Walkinton has taken over as Acting converging with the Foundation in order cathedral, and educational and outreach Director while we go through a process to seek and manage supporters in all these projects, but also two further capital of reflecting on our fundraising needs and areas more consistently and cohesively. We projects: namely the multi-million pound focus, and reassessing what resources have ambitious plans to raise significantly Triforium and Library project within the the Foundation will need for its future the level of support for choristers whose overall Interpretation scheme, and finding challenges. Roger has additionally become parents cannot afford the full cost of the remaining £3.5 million needed for Secretary to the Friends of St Paul’s boarding fees. the renovation of the Chapter House. following the retirement of Patrick Wilkins, In the case of the latter, the Foundation and we have taken the opportunity, in the has already contributed funds to enable interests of economy and consistency, to ‘We are supported in many essential preliminary work to begin and bring the Friends and Foundation together ways by individuals, trusts, we have formed a fundraising committee as one unit. City Livery companies, and jointly with our US affiliate, the St Paul’s Two new Trustees joined the Foundation commercial organisations. Cathedral Trust in America (SPCTA), under — Lord Blair, former Commissioner For their support in helping the overall chairmanship of Lord Blair and of the Metropolitan Police, and myself with assistance from SPCTA’s indefatigable to strengthen the links between the St Paul’s to continue and chairman, John Harvey. As the North Side Foundation and the Chapter. At the same extend its mission, we are Club of corporate and other supporters time we were sorry to lose Barry Bateman exceptionally grateful.’ comes to an end, we have plans to set up as a Trustee: he has contributed in many a Chapter House Club along similar lines ways to the Foundation’s work for the so that the building is no longer the ugly past five years. The Dean and Chapter are The innovative ‘Images of St Paul’s in the duckling of Paternoster Square, but can most grateful for the service of both the 21st Century’ exhibition in September both be restored to something closer to staff and Trustees of the Foundation. and October undoubtedly attracted many Wren’s original design and can provide a In 2010 the Foundation generated a total new people into the cathedral to view much better working environment for the of £1,385,000 in funds. Of this, a quarter the 200 paintings commissioned from cathedral’s staff. was for the North Side restoration, contemporary artists, but this particular There have been changes to the another quarter for the Interpretation venture did not achieve the financial Foundation’s staffing and organisation. project, some £80,000 for choristers and results that we had hoped. We continue At the end of the year we said goodbye music, in addition to a substantial pledge to look for new ways to generate funding to our Development Director, generated for what is becoming known as for St Paul’s. The Reverend Canon Mark Oakley Fabric Treasurer

Flare II, by Antony Gormley in the cathedral’s Geometric Staircase

As the tercentenary of the ‘completion’ for the Wren Office Drawings Project and to carry out these works, and also to of the cathedral approaches, the 15 year work began on a catalogue of the drawings. add a further storey at roof level, thus task of addressing the condition of the substantially increasing the building’s Seeking to enable a helpful interpretation external stonework is close to reaching its capacity. In the late summer work began on of St Paul’s, Oculus was installed —­ allowing end. During the past year the scaffolding the complex task of making the alterations visitors to experience a number of short has been removed from the cleaned to the Undercroft, which are integrally films in an ‘immersive’ 270º projection in the stonework of the North Transept and a connected with the Chapter House and crypt, giving them a glimpse into the daily temporary ramp has been erected to give life of the cathedral, its history, and some which need to be completed before work wheelchair access to the north door of of its less easily accessible parts. to the Chapter House itself can be begun. the cathedral. Through the generosity of These preliminary works have included the Friends this has been made as a mock drilling a number of deep boreholes which up for a possible permanent stone ramp, ‘Conservation projects will provide a renewable heat source for enabling the many interested parties whose have included paintings, the heating of the building. approval will be required if it is to be architectural drawings, Throughout the year the Works realised to evaluate the proposed design as watercolours, clocks and Department have contributed in their we continue to consider how access to the accustomed and unobtrusive way to the cathedral can be improved for all. leather items, models and an album of designs by smooth running of so many aspects of Paintings have been hung on a temporary cathedral life. We are enormously grateful basis for the past few years to enrich the William Burges.’ for their hard work and devotion to the experience of worshippers and visitors. cathedral. In particular it is essential to Paintings by Mark Alexander were on The conversion of part of the North highlight the exceptional work of the display as well as a sculpture by Antony Triforium to form a reserve store for the Clerk of Works, Martin Fletcher, and Gormley (‘Flare II’) which hung in the cathedral’s collections of artefacts was Emma Hardisty, Deputy Clerk of Works. Geometric Stair for the summer months. completed, enabling them to be sorted and Likewise our continued thanks go to The Dean’s Aisle saw the erection of a stored far more professionally than before. Jo Wisdom, Librarian, Simon Carter, fine new memorial to Dean Colet by A major study of the Library, including its Head of Collections, Teresa Heady, Ian Rank-Broadley. This monument was structure and its environmental conditions, Senior Conservator, and Catherine erected with funding from the Mercer’s was also completed. Angerson, Architectural Archivist, for Company. Conservation projects have It has long been recognised that the their excellent work. It is vitally important included internal and external projects Chapter House is in need of fundamental as another year’s work is reviewed to including paintings, architectural drawings, refurbishment, as well as adaptation to thank the Surveyor to the Fabric, Martin watercolours, plate, clocks and leather respond to the access intentions of the Stancliffe, for his expertise and passionate items, models and an album of designs by Equality Act (2010). Earlier in the year the commitment to both the preservation and William Burges. Full funding was raised requisite formal consents were obtained development of the cathedral. The Reverend Canon Dr Giles Fraser Finance Chancellor

Timeline outside Oculus: an eye into St Paul’s © Ralph Appelbaum Associates & Esto / Peter Mauss

The cathedral made further financial funds made available by our generous principally to the School, progress in 2010. The number of paying donors without whose support the was £3.17 million (2009 £3.27 million). visitors to the cathedral recorded a small programme would not have been Revenue from voluntary income of £0.64 increase and the global economy continued possible. Nevertheless the need to seek million was similar to last year and with a recovery. Net assets at the year funds through fundraising continues for a continuation of low interest rates end increased to £19.0 million (2009 a number of important projects. and dividends gross income from the £15.3 million) after taking account of a investment and property portfolios was decrease in the FRS17 pension deficit £0.41 million (2009 £0.47 million). of £0.73 million. ‘Net income from tourism During the year, total net assets increased The cathedral’s key income generator, the and commercial activities, by £3.63 million to £19.0 million. number of paying visitors, increased by on which the cathedral Unrestricted funds increased by £3.08 1% in the year to 820,000 (2009 812,000) remains heavily dependent million to £13.21 million, restricted funds assisted by a successful London tourist increased to £3.35 million and endowment market. New projects were introduced to enable it to sustain its funds increased to £2.41 million. during the year to help maintain future work and mission in all visitor support — Oculus funded by donor its aspects, again achieved Investments and Cash grants and a new multimedia guide system. The cathedral holds £8.89 million in excellent results.’ investment units and £3.95 million in Net income from tourism and commercial cash deposits managed by CCLA activities, on which the cathedral remains Results Investment Management and invested in heavily dependent to enable it to sustain Gross incoming resources in the year CBF Funds. Despite its work and mission in all its aspects, again were £15.08 million, compared with the volatility and changes in markets the achieved excellent results. Overall the £13.80 million in 2009. Grant income for long term performance of the investment cathedral achieved a satisfactory surplus specific fabric projects, principally from St fund has been satisfactory. CCLA operates on net incoming resources of £1.27 million Paul’s Cathedral Foundation, was £2.62 an effective investment policy which also (2009 £1.46 million) and maintained a million (2009 £1.73 million). The main ensured that cash deposits retained their strong liquidity position. projects in the year were the north side Triple A Rating and that the cathedral’s In addition the continuing recovery in cleaning, Oculus, the reserve collection investments are in line with the Church the strength of global financial markets store and enabling works for the Chapter of England’s ethical investment policy. provided a £0.85 million increase in the House rebuild. valuation of the investment portfolio and Cash flow was carefully managed The gross income from commercial and overall net cash balances and loans, this was also reflected in the valuation of activities, which included admission charges, the assets of the closed pension scheme. including the cash deposits above, were the crypt shop and event income, increased £4.55 million at the end of the year. The restoration and project programme by £0.66 million to £8.25 million. The gross continues to progress within the budgeted income from fees and charges, relating Finance

Defined Benefit Pension Fund The School The reserves policy established by the The scheme, closed to new members and The School, managed under an Instrument Dean and Chapter, set to ensure there service accrual, was replaced by a defined of Delegation from the Dean and Chapter, are adequate reserves and funds to finance contribution scheme in 2007. The latest increased the average number of pupils short term reductions in income caused by ‘scheme specific’ valuation by the Actuary in the year and generated a small economic downturns or similar, remains as at 1st October 2009 disclosed a deficit operating surplus. in place. of £6.02 million. There is a formal recovery General plan in place, agreed with the Trustees Throughout the year there were specific and the Actuary, to reduce this deficit ‘In addition the continuing reviews, as well as a continuous review by payment of £400,000 pa for a further programme, of the major risks to which recovery in the strength 8 years. Under a covenant with the the cathedral is exposed and also of the of global financial markets Trustees £1.93 million is held in a separately systems established to mitigate those risks. identified account for the benefit of the provided a £0.85 million This structure and process will continue scheme. Both the amount set aside and increase in the valuation of to be examined and tested to ensure it the availability of funds to the scheme are remains appropriate and effective. Dean the investment portfolio and assessed by formulas in the covenant. The and Chapter have considered the changes Triennial review as at 1st October 2010 is this was also reflected in the under FRS30 regarding accounting for expected to be completed by June 2011. valuation of the assets of heritage assets and whilst the cathedral maintains a full inventory the valuation the closed pension scheme.’ of those items is not practicable.

Touchscreen multimedia guides at St Paul’s Summary Financial Statements

Consolidated Statement of Financial Activities

£000’s 2010 2010 2009 Income Resources Unrestricted Restricted Endowment Total Total

Tourism & trading 8250 8250 7584 Voluntary & mission 1127 2680 3807 3919 Grant income 2616 2616 1725 Investment income 316 90 406 474 Other 95 -95 - 95

9788 5291 15079 13797

Expenditure Resources

Ministry, music & outreach 2638 2447 5085 4910 Cathedral and precincts upkeep 1895 2686 4581 3813 Trading 2640 2640 2353 Administration 1503 1503 1261

8676 5133 0 13809 12337

Net incoming resources 1112 158 0 1270 1460 Net Increases in Funds 3070 292 264 3626 1812

Consolidated Balance Sheet

£000’s 2010 2010 2009 Investments Unrestricted Restricted Endowment Total Total

Equities 4439 2037 2412 8888 8037 Cash deposits 3734 218 3952 3211 Property 8195 8195 7120

16368 2255 2412 21035 18368

Pension reserve -3312 -3312 4039 Cash at bank 240 361 601 985 Other net assets -83 737 654 38

13213 3353 2412 18978 15352 Five Year Summary

£000’s 2010 2009 2008 2007 2006 Funds Generated

Net income resources 1270 1460 1279 1083 814 Investment and property gains(losses) 2356 352 -3678 2339 1785

Increases (decrease) in funds in year 3626 1812 -2399 3422 2599 Funds b/f 15352 13540 15939 12517 9918

Funds at Year End 18978 15352 13540 15939 12517

Funds by Category

Unrestricted 16525 14181 12558 12829 10194 FRS17 Pension reserve -3312 -4038 -3695 -2470 -2750 Other restricted funds 3353 3061 2777 3083 2677 Endowment 2412 2148 1900 2497 2396

18978 15352 13540 15939 12517

SUMMARISED ACCOUNTS AUDITOR’S STATEMENT TO summary financial statements with the full These summarised accounts are not THE DEAN AND CHAPTER OF financial statements and Annual Report. the statutory accounts but a summary of ST PAUL’S CATHEDRAL We also read the other information information relating to both the statement We have examined the summary financial contained in the summary annual report of financial activities and the balance sheet. statements which comprise the summary as described in the contents section and The full financial statements from which consolidated statement of financial consider the implications for our report this summary is derived, have received an activities and the summary consolidated if we become aware of any apparent unqualified opinion from the cathedral’s balance sheet. misstatements or material inconsistencies auditors, Deloitte LLP. This report is made solely to Dean and with the summary financial statements. These summarised accounts do not Chapter, as a body, in accordance with the Basis of opinion contain sufficient information to allow a Accounting and Reporting by Charities; We conducted our work having regard full understanding of the financial affairs of Statement of Recommended Practice 2005. to Bulletin 1999/6. The auditors’ statement the cathedral. The full financial statements Our work has been undertaken so that we on the summary financial statement issued were approved by the Dean and Chapter might state to Dean and Chapter those by the Auditing Practices Board for use on 13th April 2011 and will be delivered to matters we are required to state to them in the United Kingdom. Our report on the Church Commissioners for England. in an auditors’ report and for no other the cathedral’s full financial statements The full financial statements, including the purpose. To the fullest extent permitted describes the basis of our audit opinion auditors’ and Dean and Chapter reports, by law, we do not accept or assume on those financial statements. may be obtained from: responsibility to anyone other than Dean and Chapter as a body, for our audit Opinion St Paul’s Cathedral, The Chapter House work, for this report, or for the opinions In our opinion, the summarised financial St Paul’s Churchyard, London EC4M 8AD. we have formed. statements are consistent with the full financial statements and the Annual Report Respective responsibilities of of St Paul’s Cathedral for the year ended The Reverend Canon Dr Giles Fraser trustees and auditors 31st December 2010. Chancellor The trustees are responsible for preparing the summary financial statements in accordance with the guidelines as specified Deloitte LLP by the Church Commissioners under Chartered Accountants and the powers given to them by Section Registered Auditors 27 of the cathedrals Measure 1999. Our London responsibility is to report to you our 13th April 2011 opinion on the consistency of the Staff list 2010

Dean and Chapter The Reverend Andrew Hammond Dean’s Virger Succentor Michael Page The Right Reverend Graeme Knowles Dean The Reverend Sarah Eynstone Librarian Chaplain Joseph Wisdom Canon Lucy Winkett Precentor (until August 2010) Music Department Collections Manager Andrew Carwood Simon Carter The Right Reverend Michael Colclough Director of Music Canon Pastor Head Steward Simon Johnson Lynn Johnson Canon Giles Fraser Assistant Director of Music & Organist Chancellor Headmaster of the Head of Information Technology Canon Mark Oakley Cathedral School Gerald Wynter Treasurer Neil Chippington (from October 2010) Head of Schools and Families Surveyor to the Fabric Janet Marshall Canon Michael Hampel Martin Stancliffe Precentor (from March 2011) Events Co-ordinator Honorary Financial Advisers Jane Laws Lucrezia Walker Robert Ward Lay Canon (Visual Arts) Development Director Graham Ward Nigel Kirkup (until December 2010) Gavin Ralston Roger Walkinton Lay Canon (Finance) Clerk of the Works Acting Development Director Martin Fletcher Peter McCullough ( from December 2010) Lay Canon (History) (from November 2010) Director of Visitor Services, Secretary to the Marketing & PR Registrar Friends of St Paul’s Mark McVay Nicholas Cottam CB OBE Patrick Wilkins (until December 2010) Head of Finance Solicitor to the Cathedral Roger Walkinton (from December 2010) Martin Pennington Owen Carew-Jones Head of Adult Learning Head of Human Resources College of Minor Canons Elizabeth Foy Ruth Moore The Reverend Jason Rendell Sacrist 2010 a Year in Pictures

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1. The Annual American Thanksgiving Day service 2. The choir perform during the Advent Procession 3. Oculus: an eye into St Paul’s 4. The Annual National Service for Seafarers 5. Easter-themed mosaic-making activities run by the Schools & Families department 6. The Advent Procession 7. Mark Alexander’s Red Mannheim in the nave of St Paul’s © the artist. Courtesy Haunch of Venison. Photo: Peter Mallet 8. 9.

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14. 8. The Lord Mayor arrives at St Paul’s on Lord Mayor’s Show Day 9. FireWatch tour of the Triforium run by the Schools and Families Department 10. Björk performs during a Service of Thanksgiving to celebrate the life of Lee Alexander McQueen 11. Sheilia Cassidy and Canon Giles Fraser during a St Paul’s Forum debate on ‘Suffering’ 12. Full-sized Spitfire aircraft positioned outside St Paul’s for the 70th anniversary of the Battle of Britain service 13. Fly-past St Paul’s for the 70th anniversary of the Battle of Britain service 14. Flare II, a new work by Antony Gormley in the dramatic setting of the cathedral’s Geometric Stair Graham Lacdao / St Paul’s Cathedral. This is for all images unless otherwise indicated. © 2011 Copyright The Dean and Chapter of St Paul’s Cathedral