THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS

Registered charity 1207269 · accounts filings on the Charity Commission register · also known as WELLS CATHEDRAL

The Cathedral Church of St Andrew in Wells, known as Wells Cathedral, is foremost a place of worship and the seat of the Bishop of Bath & Wells. It is also a heritage attraction, a concert and exhibition venue, a community space and a centre for learning.

Causes: Religious Activities · website · Get email alerts

Latest income
£3.7m
Latest spending
£3.7m
Registered
2024
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Cathedral achieved a surplus of £104,574 for the year, with free reserves held at £785,927, which is 3.7 months of common fund expenditure. This level of reserves is in line with the agreed policy target of between three and six months. However, the trustees note that excluding restricted and endowed funds, the result was a deficit of £96k, which they describe as unsustainable.

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

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“There was 1 employee with emoluments between £70,000 and £80,000” — page 45
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was 1 employee with emoluments between £70,000 and £80,000” — page 45
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three and six months’ common fund expenditure (held: £786k)
“The reserves policy agreed by Chapter is for free reserves to be maintained at between three and six months’ common fund expenditure.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Wells Cathedral Enterprises Limited
“The Cathedral has one trading subsidiary, Wells Cathedral Enterprises Ltd (“WCEL”)” — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Fletcher & Partners. Discloses 6 of 6 completeness components.

Public fundraising profile: JustGiving — THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS (matched by registered charity number).

Property (HM Land Registry)

12 registered titles in England and Wales held by the charity’s company or corporate body (11 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 31/12/2024)

Total income
£3.8m
Total spending
£3.7m
Cost of raising funds
£1.6m
Reserves (reported)
£786k
Employees
49

Reported reserves equal ~2.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 41.7% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bath And North East Somerset · North Somerset · Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£3.7m£3.7m

Common questions

Is THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS financially healthy?

Per its FY2024 accounts: The accounts state that the Cathedral achieved a surplus of £104,574 for the year, with free reserves held at £785,927, which is 3.7 months of common fund expenditure. This level of reserves is in line with the agreed policy target of between three and six months. However, the trustees note that excluding restricted and endowed funds, the result was a deficit of £96k, which they describe as unsustainable. Its FY2024 accounts were audited by Fletcher & Partners.

What does the highest-paid employee of THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS earn?

Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

Who funds THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS?

Funders whose own accounts filings name THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS as a grant recipient include THE MASTER CHARITABLE TRUST, THE MEDLOCK CHARITABLE TRUST, CATHEDRAL MUSIC TRUST, THE HEADLEY TRUST, THE SANDERSON FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE MASTER CHARITABLE TRUSTFY2025£800kAdvancement of religion
THE MEDLOCK CHARITABLE TRUSTFY2024£200k
CATHEDRAL MUSIC TRUSTFY2021£25k
THE HEADLEY TRUSTFY2025£25kTowards building conservation and repairs to the medieval buildings in The Vicars’ Close, Wells Cathedral.
THE MEDLOCK CHARITABLE TRUSTFY2025£15k
THE SANDERSON FOUNDATIONFY2022£10k
THE DICKINSON FAMILY CHARITABLE TRUSTFY2022£6kThe Relief of Those in Need
THE DICKINSON FAMILY CHARITABLE TRUSTFY2025£6kOther Charitable Purposes
THE DICKINSON FAMILY CHARITABLE TRUSTFY2023£5kThe Relief of Those in Need
CAREW POLE CHARITABLE TRUSTFY2022£2k
THE GOLSONCOTT FOUNDATIONFY2023£1k
THE CLOCKMAKERS' CHARITYFY2022£1kHorological project grant
THE DICKINSON FAMILY CHARITABLE TRUSTFY2024£1kThe Relief of those in Need

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund17/08/2020£48k"COVID19 Wells Cathedral"

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 WELLS CATHEDRAL SCHOOL LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS£3.7m£70,001 - £80,0001within—no doubt
WELLS CATHEDRAL SCHOOL LIMITED FY2025£19.1m——unclear—no doubt
THE CATHEDRAL CHURCH OF THE HOLY TRINITY AND OF SAINT PETER AND SAINT PAUL AND OF SAINT SWITHUN OF WINCHESTER FY2025£6.4m——below—no doubt
ST PAUL'S CATHEDRAL FY2024£25.8m£120,001 - £130,000—unclear—no doubt
THE CATHEDRAL CHURCH OF CHRIST, BLESSED MARY THE VIRGIN AND ST CUTHBERT OF DURHAM FY2025£5.9m——unclear—no doubt
THE CATHEDRAL CHURCH OF SAINT PETER, SAINT PAUL AND ST ANDREW IN PETERBOROUGH FY2024£2.4m£70,001 - £80,000—below—material uncertainty

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