EXETER CATHEDRAL MUSIC FOUNDATION (CIO)
The Charity supports the provision and maintenance of music and a choir at Exeter Cathedral.
Objects
THE OBJECTS OF THE CIO ARE TO SUPPORT, FOR PUBLIC BENEFIT, THE PROVISION AND MAINTENANCE OF MUSIC AND A CHOIR IN THE CATHEDRAL CHURCH OF ST PETER IN EXETER BY THE DEAN AND CHAPTER.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total unrestricted reserves of £6,327,378, comprising a designated fund of £1,255,942 and unrestricted general funds of £5,071,436. The trustees report a sound financial basis with limited risk, noting that the charity operates on a going concern basis supported by healthy income and a sound asset base.
What the accounts disclose
“The Charity will always hold a cash reserve outside the investment portfolio with the intention of mitigating the impact that any short term adverse volatility in the portfolio's natural income may have on the Charity's grant making ability.” — page 5
“During the year donations totalling £760 were received from two trustees with no conditions attached.” — page 20
“During the year £257 was reimbursed to a trustee's son in respect of concert expenses.” — page 20
“During the year donations totalling £760 were received from two trustees with no conditions attached.” — page 20
“During the year £257 was reimbursed to a trustee's son in respect of concert expenses.” — page 20
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 2 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2024 (received 08/12/2025, 311 days after the 31/01/2025 due date).
Register events
- Received assets from another charity (18/10/2025)
- Received assets from another charity (15/04/2024)
Trustees
- John Keith Acornleychair
- Andrew Thomas Seager Millington
- Caroline Padget
- Gordon John Pike
- Ian Huggett
- JOHN CHRISTOPHER CROWLEY
- Lady Rachel Norris
- Melanie Heather May Henrywood
- Penelope Helen Adie
- Rowan Truscott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £289k | £258k |
| 31/03/2024 | £0 | £0 |
Common questions
Is EXETER CATHEDRAL MUSIC FOUNDATION (CIO) financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total unrestricted reserves of £6,327,378, comprising a designated fund of £1,255,942 and unrestricted general funds of £5,071,436. The trustees report a sound financial basis with limited risk, noting that the charity operates on a going concern basis supported by healthy income and a sound asset base. Its FY2025 accounts were audited by PKF Francis Clark.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £5k |
| THE HELEN JEAN COPE CHARITY | 1 | £750 |
Charities like this
- EXETER CATHEDRAL OLD CHORISTERS' ASSOCIATION BURSARY FUND
- THE FRIENDS OF EXETER CATHEDRAL
- LEICESTER CATHEDRAL MUSIC FOUNDATION
- EXETER PHILHARMONIC CHOIR
- MUSIC AND WORSHIP FOUNDATION CIO
- THE EXETER & DISTRICT CLASSICAL MUSIC TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EXETER CATHEDRAL MUSIC FOUNDATION (CIO) | £289k | — | 0 | unclear | — | no doubt |
| EXETER CATHEDRAL OLD CHORISTERS' ASSOCIATION BURSARY FUND | £33k | — | — | unclear | — | no doubt |
| THE FRIENDS OF EXETER CATHEDRAL | £392k | — | 0 | above | — | no doubt |
| LEICESTER CATHEDRAL MUSIC FOUNDATION | £77k | — | 0 | above | — | no doubt |
| EXETER PHILHARMONIC CHOIR | £148k | — | 0 | above | — | no doubt |
| MUSIC AND WORSHIP FOUNDATION CIO | £71k | — | 0 | unclear | — | no doubt |