CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST
Creation of an endowment fund raising money for the restoration of Chichester Cathedral
Objects
THE RESTORATION OF THE CATHEDRAL, ITS FURNITURE, ORNAMENTS AND PRECINCTS AND THE RESTORATION OF THE BUILDINGS OR PROPERTY BELONGING TO THE DEAN AND CHAPTER OF THE CATHEDRAL..
Financial health, per its FY2025 accounts
The accounts state that total funds increased from £8.6m to £8.7m during the year, with unrestricted reserves standing at £613,725. The charity holds its accumulated income in cash or near cash to preserve capital value for future restoration works, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“There were no trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024.” — page 16
“At the balance sheet date the charity owed Chichester Cathedral Restoration and Development Trust £2,354 (2024: £1,253) for contributions towards administration and insurance costs.” — page 20
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Trustees
- Mark Hammondchair
- Diane Stanning
- Greg Mahon
- Ian Buckley
- John Bruell
- Lionel James Hoare
- Very Reverend Robert Edward Dowler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £295k | £52k |
| 05/04/2024 | £241k | £977k |
| 05/04/2023 | £226k | £954k |
| 05/04/2022 | £225k | £4k |
| 05/04/2021 | £243k | £284k |
Common questions
Is CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased from £8.6m to £8.7m during the year, with unrestricted reserves standing at £613,725. The charity holds its accumulated income in cash or near cash to preserve capital value for future restoration works, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Lewis Brownlee (Chichester) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £128k |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £52k |
| THE HEADLEY TRUST | 1 | £50k |
| THE A M CHARITABLE TRUST | 1 | £32k |
| THE WITHEREN FOUNDATION | 1 | £20k |
| THE HAWTHORNE CHARITABLE TRUST | 1 | £17k |
| SR & PH Southall Trust | 1 | £13k |
| The Patricia Routledge Foundation | 1 | £8k |
Charities like this
- CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO
- WINCHESTER CATHEDRAL TRUST
- MANCHESTER CATHEDRAL DEVELOPMENT TRUST
- THE ROCHESTER CATHEDRAL TRUST
- CHICHESTER CATHEDRAL FRIENDS
- THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST | £295k | — | 0 | unclear | — | no doubt |
| CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO | £1.4m | — | 0 | unclear | — | no doubt |
| WINCHESTER CATHEDRAL TRUST | £37k | — | — | unclear | — | no doubt |
| MANCHESTER CATHEDRAL DEVELOPMENT TRUST | £114k | — | 0 | unclear | — | no doubt |
| THE ROCHESTER CATHEDRAL TRUST | £166k | — | 0 | unclear | — | no doubt |
| CHICHESTER CATHEDRAL FRIENDS | £51k | — | 0 | above | — | no doubt |