CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST
Creation of an endowment fund raising money for the restoration of Chichester 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
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 |
|---|---|---|
| JOHN SWIRE 1989 CHARITABLE TRUST | 2 | £15k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £128k |
| THE HEADLEY TRUST | 1 | £50k |
| THE A M CHARITABLE TRUST | 1 | £32k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £10k |
| The Patricia Routledge Foundation | 1 | £8k |
| THE ASHBURNHAM THANKSGIVING TRUST | 1 | £7k |
| THE OUSELEY CHURCH MUSIC TRUST | 1 | £5k |
Charities like this
- CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO
- SALISBURY CATHEDRAL CHORAL FOUNDATION
- THE HASTINGS MUSIC ENDOWMENT FUND
- THE ROCHESTER CATHEDRAL TRUST
- ALL SAINTS CHURCH CLIFTON ENDOWMENTS
- CATHEDRAL CHURCH OF ST MARY THE VIRGIN, ST PETER AND ST CEDD, CHELMSFORD
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 |
| SALISBURY CATHEDRAL CHORAL FOUNDATION | £407k | — | 0 | unclear | — | no doubt |
| THE HASTINGS MUSIC ENDOWMENT FUND | £127k | — | 0 | unclear | — | no doubt |
| THE ROCHESTER CATHEDRAL TRUST | £166k | — | 0 | unclear | — | no doubt |
| ALL SAINTS CHURCH CLIFTON ENDOWMENTS | £135k | — | 0 | unclear | — | no doubt |