THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL
Financial health, per its FY2022 accounts
The accounts state that the charity reported a deficit in unrestricted funds of £602,282 for the year ended 31 December 2022, resulting in total free reserves of £676,468. The trustees acknowledge that this level of free reserves is less than ideally constructed given annual expenditure ranges between £750,000 and £950,000, and they are taking steps to improve financial sustainability. The independent auditors issued a qualified audit report because the results and projected budgets brought into question the charity's ability to continue as a going concern.
What the accounts disclose
“the trustees recognise that the current level of free reserves is less than ideally constructed” — page 5
“St Davids Cathedral Bookshop Limited (registered in England and Wales company number 02474467) is a company limited by guarantee and not having a share capital.”
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (28/09/2019)
Trustees
- CANON CHANCELLOR DEWI JAMES LLEWELYN ROBERTS
- Canon John Richard Cecil
- Canon Mark Stephen Ansell
- Canon Pastor Sheridan Angharad James
- Rev Canon JOHN PRYCE LEWIS
- Rev Canon LEIGH LAURENCE RICHARDSON Sub Dean
- Rev Canon MARY MORGAN RHIANNON JOHNSON
- Rev Canon Marianne Lily-MAy Osborne
- Rev Canon Mones Anton Farah
- Rev Canon Susannah Bale
- Revd Canon Andrew Graham Loat
- Revd Canon Gareth McEwan Reid
- Revd Canon John Marcus Zipperlen MSc MTh
- Revd Canon Julian William Smith BSc BA
- Revd Canon MICHAEL HUW ROWLANDS
- THE REVEREND CANON S E JONES
- The Ven PAUL ROBERT MACKNESS
- The Venerable Matthew Anthony Robert Hill
- The Venerable Rachel Hannah Eileen Davies
- Very Rev Dr Sarah Caroline Rowland Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.3m |
| 31/12/2023 | £1.2m | £1.4m |
| 31/12/2022 | £2.3m | £1.8m |
| 31/12/2021 | £788k | £999k |
| 31/12/2020 | £912k | £949k |
Common questions
Is THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL financially healthy?
The accounts state that the charity reported a deficit in unrestricted funds of £602,282 for the year ended 31 December 2022, resulting in total free reserves of £676,468. The trustees acknowledge that this level of free reserves is less than ideally constructed given annual expenditure ranges between £750,000 and £950,000, and they are taking steps to improve financial sustainability. The independent auditors issued a qualified audit report because the results and projected budgets brought into question the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Bevan Buddand LLP.