EXETER CATHEDRAL

Registered charity 1206915 · accounts filings on the Charity Commission register · also known as THE CATHEDRAL CHURCH OF ST PETER IN EXETER

Exeter Cathedral Charity

Causes: Religious Activities · Get email alerts

Latest income
£11.1m
Latest spending
£9.8m
Registered
2024
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Cathedral finished 2024 with a total surplus of £1,326,000, driven largely by significant grant funding for its development project. Free reserves were held at £1,019,000, which the trustees consider to be within their stated policy parameters of four to six months of expenditure. The auditors confirmed that there are no material uncertainties regarding the Cathedral's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Exeter Cathedral Enterprises (32% of income)
“Exeter Cathedral Enterprises, 32%”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: four to six months of planned expenditure (held: £1.0m)
“The Cathedral’s reserves policy is to hold an amount equal to four to six months of planned expenditure as reserves” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Cost of education of Choristers paid to the School
“Cost of education of Choristers paid to the School - £141,000 (2023: £137,000)” — page 44
“Other costs of education paid by the Cathedral to the School - £27,000 (2023: £26,000)” — page 44
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Other costs of education paid by the Cathedral to the School
“Cost of education of Choristers paid to the School - £141,000 (2023: £137,000)” — page 44
“Other costs of education paid by the Cathedral to the School - £27,000 (2023: £26,000)” — page 44
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Exeter Cathedral Enterprises Limited
“The trading subsidiary, Exeter Cathedral Enterprises Limited, continues to bring in vital commercial income.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 3 of 6 completeness components.

Corporate structure

EXETER CATHEDRAL ENTERPRISES LIMITED — latest Companies House iXBRL filing (balance sheet 2025-12-31)
  • Equity: £-76k
  • Average employees: 30
EXETER CATHEDRAL ENTERPRISES LIMITED — per its own Companies House accounts
  • Turnover: £1.1m
  • Profit before tax: £388k

Structured financials (annual return, FY ending 31/12/2024)

Total income
£11.1m
Total spending
£9.8m
Cost of raising funds
£1.6m
Reserves (reported)
£1.0m
Employees
84

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (75% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 14.7% of total income — above the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/12/2024£11.1m£9.8m

Common questions

Is EXETER CATHEDRAL financially healthy?

Per its FY2024 accounts: The accounts state that the Cathedral finished 2024 with a total surplus of £1,326,000, driven largely by significant grant funding for its development project. Free reserves were held at £1,019,000, which the trustees consider to be within their stated policy parameters of four to six months of expenditure. The auditors confirmed that there are no material uncertainties regarding the Cathedral's ability to continue as a going concern. Its FY2024 accounts were audited by HaysMac LLP.

Who funds EXETER CATHEDRAL?

Funders whose own accounts filings name EXETER CATHEDRAL as a grant recipient include THE MASTER CHARITABLE TRUST, THE KIRBY LAING FOUNDATION, THE MEDLOCK CHARITABLE TRUST, THE GOSLING FOUNDATION LIMITED, THE HEADLEY TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE MASTER CHARITABLE TRUSTFY2025£2.0mAdvancement of religion
THE KIRBY LAING FOUNDATIONFY2023£250kReligion
THE KIRBY LAING FOUNDATIONFY2021£105kChapter House Project
THE MEDLOCK CHARITABLE TRUSTFY2024£50k
THE GOSLING FOUNDATION LIMITEDFY2024£50kGeneral
THE HEADLEY TRUSTFY2022£46kTowards conservation and restoration work on the exterior South Wall of the Chapter House.
CATHEDRAL MUSIC TRUSTFY2021£30k
CATHEDRAL MUSIC TRUSTFY2024£30k
THE SANDERSON FOUNDATIONFY2024£25k
THE HOBSON CHARITY LIMITEDFY2025£20kCathedral
THE MEDLOCK CHARITABLE TRUSTFY2025£15k
EXETER CHIEFS FOUNDATIONFY2022£10k
VISCOUNT AMORY'S CHARITABLE TRUSTFY2024£5kGeneral - Health
DR RADCLIFFE'S TRUSTFY2025£3kApprenticeships Scheme - Costume Apprentice
LORD BARNBY'S FOUNDATIONFY2022£3k
LORD BARNBY'S FOUNDATIONFY2024£3k
LORD BARNBY'S FOUNDATIONFY2023£2k
DR RADCLIFFE'S TRUSTFY2023£2kFurniture-Making Apprenticeship Programme
THE SANDERSON FOUNDATIONFY2022£2k
THE SANDERSON FOUNDATIONFY2023£0

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund24/08/2020£250k"COVID19: Exeter Cathedral"
The National Lottery Heritage Fund04/03/2020£7.9m"Exeter Cathedral - the 2020s Vision. Phase 1 - Investing in our Welcome"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE FRIENDS OF EXETER CATHEDRAL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
EXETER CATHEDRAL£11.1m——within—no doubt
THE FRIENDS OF EXETER CATHEDRAL FY2025£392k—0above—no doubt
THE CATHEDRAL CHURCH OF CHRIST AND THE BLESSED VIRGIN MARY IN THE DIOCESE OF CHESTER FY2025£4.9m——unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD WITH HOLY TRINITY, EXETER FY2024£468k—0above—no doubt
EXETER CATHEDRAL MUSIC FOUNDATION (CIO) FY2025£289k—0unclear—no doubt
GRACE CHURCH EXETER FY2025£286k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.