CATHEDRAL CHURCH OF ST MARY THE VIRGIN, ST PETER AND ST CEDD, CHELMSFORD

Registered charity 1207270 · accounts filings on the Charity Commission register · also known as CHELMSFORD CATHEDRAL

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Latest income
£1.3m
Latest spending
£1.3m
Registered
2024
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Cathedral achieved a total net income of £38,000 for the year ended 31 December 2024, driven by an operating surplus on unrestricted funds and investment gains. Unrestricted reserves stood at £462,481, which is above the stated policy target of three months' normal unrestricted expenditure (£232,000). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: three months of normal unrestricted expenditure (held: £462k)
It is Chapter’s policy to maintain reserves at least equal to three months’ normal unrestricted expenditure — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Edmund Carr LLP. Discloses 5 of 6 completeness components.

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

Total income
£1.3m
Total spending
£1.3m
Cost of raising funds
£281k
Reserves (reported)
£462k
Employees
28

Reported reserves equal ~4.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Barking And Dagenham · Essex · Havering · Newham · Redbridge · Waltham Forest

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.3m

Common questions

Is CATHEDRAL CHURCH OF ST MARY THE VIRGIN, ST PETER AND ST CEDD, CHELMSFORD financially healthy?

The accounts state that the Cathedral achieved a total net income of £38,000 for the year ended 31 December 2024, driven by an operating surplus on unrestricted funds and investment gains. Unrestricted reserves stood at £462,481, which is above the stated policy target of three months' normal unrestricted expenditure (£232,000). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Edmund Carr LLP.