THE FRIENDS OF EXETER CATHEDRAL
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves stood at £5,916,650, an increase from the previous year. The charity reported a net incoming resource deficit of £39,255 for the year, primarily due to a £1 million grant reserved for the Cloister Project, but this was offset by investment gains and increased donations.
What the accounts disclose
“In the year under review, the Very Revd Jonathan Greener was a member of the Chapter of Exeter Cathedral as well as being Dean of Exeter Cathedral and non-voting attendee at the Trustee meetings of The Friends of Exeter Cathedral. Grants made to the Chapter totalled £325,000 (2023: £325,000) as detailed in Note 7. In addition, in June 2023 The Friends of Exeter Cathedral made a commitment to The Dean and Chapter of Exeter Cathedral to grant £1M towards the cost of the Cloister Development Project, payable in equal instalments of £250,000 in each of the years 2023 to 2026 inclusive.” — page 21
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
- Peter James Balsom
- Prof Nicholas Jan Gutowski
- The Revd Canon Ian Charles Morter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £332k | £372k |
| 31/12/2023 | £310k | £1.4m |
| 31/12/2022 | £469k | £345k |
| 31/12/2021 | £364k | £327k |
| 31/12/2020 | £412k | £510k |
Common questions
Is THE FRIENDS OF EXETER CATHEDRAL financially healthy?
The accounts state that unrestricted free reserves stood at £5,916,650, an increase from the previous year. The charity reported a net incoming resource deficit of £39,255 for the year, primarily due to a £1 million grant reserved for the Cloister Project, but this was offset by investment gains and increased donations. Its FY2024 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 |
|---|---|---|
| THE MCCORQUODALE CHARITABLE TRUST | FY2025 | £5k |