CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST
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
“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
- Rev 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?
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.