THE DEVON AND EXETER INSTITUTION

Registered charity 1172445 · accounts filings on the Charity Commission register

The advancement of public education particularly in the History, Literature and Arts of the County of Devon, City of Exeter and of the South West of England generally and particularly by the provision and maintenance of a Library, Readiong Rooms and educational facilities and the advancement of heritage by the preservation of number 7 Cathedral Close Exeter for the public benefit.

Causes: Education/training · Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£328k
Latest spending
£214k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus of £113,399 for the year ended 30 June 2025, with total income of £327,561 against total expenditure of £214,162. Per the trustees' report, the charity holds £207,106 in free reserves, which is within its stated policy target of holding 2-3 times the annual operating gap. The trustees and auditors confirm the charity is a going concern with adequate resources for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 2-3 times the annual operating gap (approximately £100,000 - £150,000) (held: £207k)
To ensure operational effectiveness over the short to medium term, the reserves will be held at 2-3 times the annual operating gap (approximately £100,000 - £150,000). — page 12
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Griffin Chartered Accountants. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/06/2023)

Total income
£971k
Total spending
£177k
Reserves (reported)
£188k
Employees
9

Reported reserves equal ~12.7 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
30/06/2025£328k£214k
30/06/2024£106k£189k
30/06/2023£971k£177k
30/06/2022£1.1m£191k
30/06/2021£164k£163k

Common questions

Is THE DEVON AND EXETER INSTITUTION financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £113,399 for the year ended 30 June 2025, with total income of £327,561 against total expenditure of £214,162. Per the trustees' report, the charity holds £207,106 in free reserves, which is within its stated policy target of holding 2-3 times the annual operating gap. The trustees and auditors confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2025 accounts were audited by Griffin Chartered Accountants.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund05/02/2025£213k"Turning the Page"
The National Lottery Heritage Fund26/05/2020£35k"COVID19 Devon & Exeter Institution"
The National Lottery Heritage Fund04/03/2020£1.9m"The Next Chapter; opening up to a wider range of people and building on change"
The National Lottery Heritage Fund25/11/2014£297k"Restoration of library roof, care of collections, interpretation and learning"
The National Lottery Heritage Fund13/08/1996£8k"Devon and Exeter Institution - Library and Computer Link"