CANTERBURY CATHEDRAL TRUST FUND
Financial health, per its FY2023 accounts
The accounts state that total net assets decreased from £8.35m to £7.67m due to a net expenditure of £0.28m and net investment losses of £0.40m. The charity holds £0.23m in general unrestricted funds, which the trustees note is below their stated policy target of retaining 6 to 12 months' operating costs. Despite this, the trustees and auditors confirm the charity has sufficient resources to meet liabilities as they fall due.
What the accounts disclose
“General funds (excluding the designated funds) were £0.23m at 31 March 2023. The Trustees have a policy of retaining a minimum of 6 to 12 months' operating costs as general funds.” — page 6
“The charity occupies premises owned by the Chapter of Canterbury for which a full rent is paid of £7,500 (2022: £9,070).” — page 28
“In addition the Charity pays a charge of £6,000 including VAT to cover administration services provided by Chapter to the Charity (2022: £nil).” — page 28
“The charity occupies premises owned by the Chapter of Canterbury for which a full rent is paid of £7,500 (2022: £9,070).” — page 28
“In addition the Charity pays a charge of £6,000 including VAT to cover administration services provided by Chapter to the Charity (2022: £nil).” — page 28
“The charity occupies premises owned by the Chapter of Canterbury for which a full rent is paid of £7,500 (2022: £9,070).” — page 28
“In addition the Charity pays a charge of £6,000 including VAT to cover administration services provided by Chapter to the Charity (2022: £nil).” — page 28
“The charity occupies premises owned by the Chapter of Canterbury for which a full rent is paid of £7,500 (2022: £9,070).” — page 28
“In addition the Charity pays a charge of £6,000 including VAT to cover administration services provided by Chapter to the Charity (2022: £nil).” — page 28
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Benedict Moorhead DL
- Canon Andrew Dodd
- Geraldine Allinson OBE
- Hubert William Ashton
- Hugo Fenwick
- Lady Annabel Colgrain
- Rev David Robert Malvern Monteith
- Roger Brookhouse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £430k | £710k |
| 31/03/2024 | £497k | £1.1m |
| 31/03/2023 | £681k | £959k |
| 31/03/2022 | £866k | £879k |
| 31/03/2021 | £1.2m | £2.0m |
Common questions
Is CANTERBURY CATHEDRAL TRUST FUND financially healthy?
The accounts state that total net assets decreased from £8.35m to £7.67m due to a net expenditure of £0.28m and net investment losses of £0.40m. The charity holds £0.23m in general unrestricted funds, which the trustees note is below their stated policy target of retaining 6 to 12 months' operating costs. Despite this, the trustees and auditors confirm the charity has sufficient resources to meet liabilities as they fall due. Its FY2023 accounts were audited by Buzzacott LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GENESIS AMERICA (UK) LIMITED | 1 | £256k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £125k |
| Genesis Foundation | 1 | £100k |
| THE HEADLEY TRUST | 1 | £50k |
| THE SCOPS ARTS TRUST | 1 | £40k |
| THE A M CHARITABLE TRUST | 1 | £10k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £10k |
| HYMNS ANCIENT AND MODERN LIMITED | 1 | £5k |