THE FRIENDS OF EXETER CATHEDRAL
Provides finance for Exeter Cathedral fabric maintenance, music library and archives.
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves stood at £5,916,650 at year-end, representing a slight increase from the previous year. The charity reported a net decrease in total funds of £313,433, primarily driven by a £345,369 loss on the valuation of investments, despite an increase in incoming resources. The trustees maintain that the charity is a going concern with no material uncertainties regarding its ability to continue operating.
What the accounts disclose
“The charity’s unrestricted free reserves at the year-end were £5,916,650 (2023:£ 5,813,765).” — page 5
Funders the charity credits
- National Lottery Heritage Fund
Register events
- Received assets from another charity (14/12/2020)
Trustees
- Rosemary Yallop Drchair
- JOE RODERICK
- James Frampton
- Jeryl Christine Andrew
- Peter James Balsom
- Prof Nicholas Jan Gutowski
- The Revd Canon Ian Charles Morter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £392k | £360k |
| 31/12/2024 | £332k | £372k |
| 31/12/2023 | £310k | £1.4m |
| 31/12/2022 | £469k | £345k |
| 31/12/2021 | £364k | £327k |
Common questions
Is THE FRIENDS OF EXETER CATHEDRAL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted free reserves stood at £5,916,650 at year-end, representing a slight increase from the previous year. The charity reported a net decrease in total funds of £313,433, primarily driven by a £345,369 loss on the valuation of investments, despite an increase in incoming resources. The trustees maintain that the charity is a going concern with no material uncertainties regarding its ability to continue operating. Its FY2025 accounts were audited by Streets Audit LLP.
Who funds THE FRIENDS OF EXETER CATHEDRAL?
Funders whose own accounts filings name THE FRIENDS OF EXETER CATHEDRAL as a grant recipient include THE MCCORQUODALE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MCCORQUODALE CHARITABLE TRUST | FY2025 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £2.0m |
| THE KIRBY LAING FOUNDATION | 1 | £355k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £65k |
| CATHEDRAL MUSIC TRUST | 1 | £60k |
| THE GOSLING FOUNDATION LIMITED | 1 | £50k |
| THE HEADLEY TRUST | 1 | £46k |
| THE SANDERSON FOUNDATION | 1 | £27k |
| THE HOBSON CHARITY LIMITED | 1 | £20k |
Charities like this
- EXETER CATHEDRAL MUSIC FOUNDATION (CIO)
- THE FRIENDS OF HEREFORD CATHEDRAL
- EXETER CATHEDRAL
- THE FRIENDS OF GLOUCESTER CATHEDRAL CIO
- THE FRIENDS OF WELLS CATHEDRAL
- FRIENDS OF YORK MINSTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FRIENDS OF EXETER CATHEDRAL | £392k | — | 0 | above | — | no doubt |
| EXETER CATHEDRAL MUSIC FOUNDATION (CIO) | £289k | — | 0 | unclear | — | no doubt |
| THE FRIENDS OF HEREFORD CATHEDRAL | £126k | — | 0 | unclear | — | no doubt |
| EXETER CATHEDRAL | £11.1m | — | — | within | — | no doubt |
| THE FRIENDS OF GLOUCESTER CATHEDRAL CIO | £124k | — | 0 | unclear | — | no doubt |
| THE FRIENDS OF WELLS CATHEDRAL | £818k | — | 0 | unclear | — | no doubt |