CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO
Latest income
£1.4m
Latest spending
£504k
Registered
2014
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total income decreased significantly to £1,563,501 from £3,571,322 in the prior year, largely due to a one-off £2 million donation in the previous period. The charity maintains unrestricted reserves of £271,590, which the trustees consider sufficient to meet emergency requirements and running costs, noting that the Fabric Fund alone will not be sufficient for future major projects without further fundraising.
What the accounts disclose
Reserves policy: £200,000 (held: £272k)
“The Trustees consider that a minimum of £200,000 of unrestricted funds should be retained in cash reserves and short-term investments at any one time, to enable them to respond to emergency requirements of the Cathedral and to support the running costs of the Trust.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Trust received income and incurred expenditure on behalf of its wholly owned subsidiary, Chichester Cathedral Restoration Trust Events Limited, all of which was transferred to the subsidiary. At the year end the Trust owed £802 to the subsidiary.
“During the year the Trust received income and incurred expenditure on behalf of its wholly owned subsidiary, Chichester Cathedral Restoration Trust Events Limited, all of which was transferred to the subsidiary and is included in the consolidated Statement of Financial Activities on a line-by-line basis. At the year end the Trust owed £802 to the subsidiary.” — page 30
“Throughout the year the predecessor charity received income and incurred a small amount of expenditure on behalf of the Trust, all of which was transferred to the Trust and is included in the consolidated Statement of Financial Activities on a line-by-line basis. At the year end the Trust was owed £8,468 by Chichester Cathedral Restoration and Development Trust.” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The predecessor charity received income and incurred expenditure on behalf of the Trust. At the year end the Trust was owed £8,468 by the predecessor charity.
“During the year the Trust received income and incurred expenditure on behalf of its wholly owned subsidiary, Chichester Cathedral Restoration Trust Events Limited, all of which was transferred to the subsidiary and is included in the consolidated Statement of Financial Activities on a line-by-line basis. At the year end the Trust owed £802 to the subsidiary.” — page 30
“Throughout the year the predecessor charity received income and incurred a small amount of expenditure on behalf of the Trust, all of which was transferred to the Trust and is included in the consolidated Statement of Financial Activities on a line-by-line basis. At the year end the Trust was owed £8,468 by Chichester Cathedral Restoration and Development Trust.” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Chichester Cathedral Restoration Trust Events Limited
“In 2001 the Trustees established a trading subsidiary called Chichester Cathedral Restoration Trust Events Limited. It undertakes activities that could be regarded as trading, including the management of the biennial Festival of Flowers, and pays all of its profits to the Trust as a gift aid donation.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.1m
Total spending
£504k
Cost of raising funds
£162k
Reserves (reported)
£230k
Employees
5
Register events
- Received assets from another charity (11/05/2026)
Trustees
- IAN BUCKLEYchair
- Charles Roderick Worsley
- Jeannie Whitman Esdaile
- John Bruell
- Rebecca Mayhew
- Rev Earl Collins
- Rev Edward Dowler
- Roger Walkinton
- Thalia Brotherton-Ratcliffe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £504k |
| 31/03/2024 | £1.6m | £1.9m |
| 31/03/2023 | £3.6m | £1.8m |
| 31/03/2022 | £412k | £382k |
| 31/03/2021 | £1.1m | £646k |
Common questions
Is CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO financially healthy?
The accounts state that total income decreased significantly to £1,563,501 from £3,571,322 in the prior year, largely due to a one-off £2 million donation in the previous period. The charity maintains unrestricted reserves of £271,590, which the trustees consider sufficient to meet emergency requirements and running costs, noting that the Fabric Fund alone will not be sufficient for future major projects without further fundraising. Its FY2024 accounts were audited by TC Group.
Who funds CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO?
Funders whose own accounts filings name CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO as a grant recipient include The Patricia Routledge Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| The Patricia Routledge Foundation | FY2024 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/11/2011 | £50k | "Chichester Cathedral Digitisation Project" |
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 |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY STAPLETON BRISTOL | 1 | £10k |