THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH
The cathedral holds acts of worship every day, details of which can be found on the cathedral website www.peterborough-cathedral.org.uk . Services are held in the cathedral. There is an extensive programme of education and outreach - about 7000 children visit the cathedral every year. We host a well being cafe and have extensive outreach into many of our communities, and are a music/events venue.
Financial health, per its FY2024 accounts
The accounts state that the group reported a net reduction in funds of £962,152 for the year ended 31 December 2024, driven by a net operating deficit on unrestricted funds of £770,146 and significant losses on investment valuations. The trustees report that the charity operates with negative free reserves of £442,236 and acknowledges a material uncertainty regarding its ability to continue as a going concern due to cash flow challenges and reliance on future fundraising and property sales.
What the accounts disclose
“One member of clergy was remunerated (including housing benefit) between £70,001 and £80,000 for the period (2023: 1).” — page 40
“The current level of free reserves is negative £442,236 (2023 negative £221,555).” — page 12
“Based on the above, and while there remains a material uncertainty that may cast significant doubt upon the ability of the Cathedral to continue as a going concern, Chapter consider that it continues to be appropriate to adopt the going concern basis of accounting and the financial statements do not include any adjustments should this basis not be appropriate.” — page 11
“The income received in the 12 months to 31/12/24 was £3,500.” — page 53
“The income received in the 12 months to 31/12/24 was £77,855.” — page 53
“The income received in the 12 months to 31/12/24 was £3,500.” — page 53
“The income received in the 12 months to 31/12/24 was £77,855.” — page 53
“The income received in the 12 months to 31/12/24 was £3,500.” — page 53
“The income received in the 12 months to 31/12/24 was £77,855.” — page 53
“The income received in the 12 months to 31/12/24 was £3,500.” — page 53
“The income received in the 12 months to 31/12/24 was £77,855.” — page 53
“The income received in the 12 months to 31/12/24 was £3,500.” — page 53
“The income received in the 12 months to 31/12/24 was £77,855.” — page 53
“The Cathedral is the 100% shareholder of Peterborough Cathedral Holdings Limited, and Peterborough Cathedral (Enterprises) Limited is a wholly owned subsidiary of Peterborough Cathedral Holdings Ltd.” — page 27
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- The Very Revd Christopher Charles Dallistonchair
- GAVIN DOUGLAS LEWIS RALSTON
- Helen Mary Birch
- RICHARD FRANCIS TAPP
- Rev Canon Timothy Morris Alban Jones
- Simon Edward Collister
- The Revered Dr Rowan Clare Williams
- Thomas Anthony Copeland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.4m | £2.6m |
Common questions
Is THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH financially healthy?
Per its FY2024 accounts: The accounts state that the group reported a net reduction in funds of £962,152 for the year ended 31 December 2024, driven by a net operating deficit on unrestricted funds of £770,146 and significant losses on investment valuations. The trustees report that the charity operates with negative free reserves of £442,236 and acknowledges a material uncertainty regarding its ability to continue as a going concern due to cash flow challenges and reliance on future fundraising and property sales. Its FY2024 accounts were audited by Price Bailey LLP.
What does the highest-paid employee of THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Who funds THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH?
Funders whose own accounts filings name THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH as a grant recipient include THE MASTER CHARITABLE TRUST, CATHEDRAL MUSIC TRUST, THE KIRBY LAING FOUNDATION, LORD BARNBY'S FOUNDATION, THE WORSHIPFUL COMPANY OF PLAISTERERS CHARITABLE TRUST.
Shared trustees with funders
- GAVIN DOUGLAS LEWIS RALSTON — trustee here and at CATHEDRAL MUSIC TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MASTER CHARITABLE TRUST | FY2025 | £301k | Advancement of religion |
| CATHEDRAL MUSIC TRUST | FY2024 | £30k | |
| THE KIRBY LAING FOUNDATION | FY2022 | £25k | Sustainability Projects - Shop Refurbishment (last of 3 grants) |
| CATHEDRAL MUSIC TRUST | FY2021 | £20k | |
| LORD BARNBY'S FOUNDATION | FY2025 | £10k | |
| THE WORSHIPFUL COMPANY OF PLAISTERERS CHARITABLE TRUST | FY2025 | £7k | Henry Mott Fund / Chorister |
| THE JACK PATSTON CHARITABLE TRUST | FY2025 | £5k | |
| THE JACK PATSTON CHARITABLE TRUST | FY2022 | £5k | |
| THE WORSHIPFUL COMPANY OF PLAISTERERS CHARITABLE TRUST | FY2023 | £5k | Chorister support (Henry Mott Fund) |
| LORD BARNBY'S FOUNDATION | FY2024 | £3k | |
| THE DAUGHTERS OF JESUS CIO | FY2023 | £3k | Religion |
| THE JONATHAN TOWLER FOUNDATION | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/06/2026 | £250k | "Future-Proofing Peterborough Cathedral’s Heritage" |
| The National Lottery Heritage Fund | 21/05/2013 | £500k | "Catalyst Endowment - Peterborough Cathedral - Precinct Walls" |
| The National Lottery Heritage Fund | 24/01/2012 | £2.8m | "Peterborough 900: Letting it speak for itself" |
| The National Lottery Heritage Fund | 07/01/1997 | £13k | "Peterborough, Cathedral Minster Precints, Restoration Plan" |
| The National Lottery Heritage Fund | 24/09/1996 | £1.8m | "Peterborough Cathedral (Western Range Project)" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £30k |
| THE DERBY DIOCESAN BOARD OF FINANCE LIMITED | 1 | £24k |
| THE OUSELEY CHURCH MUSIC TRUST | 1 | £5k |
Charities like this
- THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER MANCROFT WITH ST. JOHN MADDERMARKET, NORWICH
- CATHEDRAL CHURCH OF ALL SAINTS, DERBY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BISHOPSWORTH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST PAUL WITH ST LUKE, NEWPORT PAGNELL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NOTTINGHAM SAINT PETER AND ALL SAINTS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH | £2.4m | £70,001 - £80,000 | — | below | — | material uncertainty |
| THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL | £1.3m | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER MANCROFT WITH ST. JOHN MADDERMARKET, NORWICH | £654k | Under £60,000 | 0 | below | — | no doubt |
| CATHEDRAL CHURCH OF ALL SAINTS, DERBY | £1.6m | — | 0 | above | — | material uncertainty |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S BISHOPSWORTH | £286k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER AND ST PAUL WITH ST LUKE, NEWPORT PAGNELL | £136k | — | 0 | unclear | — | no doubt |