THE FRIENDS OF WELLS CATHEDRAL
Financial health, per its FY2025 accounts
The accounts state that free reserves are negative £35,811, with unrestricted liabilities including grant commitments totalling £559,540. The trustees note that fixed asset investments could be realised to provide necessary cash flow and are satisfied that overall reserves remain appropriate for day-to-day operations.
What the accounts disclose
“It is the policy of the charity that reserves should provide adequate financial stability and means for the charity to meet its charitable objectives for the foreseeable future.”
“During the year restricted donations totalling £43,198 (2024: £23,034) were received from 9 (2024: 7) Trustees.” — page 18
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Arnold Willschair
- Anne Paul
- Cressida Charlotte Parsons
- David Alastair Morgan-Hewitt
- Dr Megan Isobel Jane Daffern
- John Parsons
- Juliette Marie Coakes
- Maureen Frances Anne Boylan
- Paul Richard Dickinson
- Philip Haldane Nunnerley
- Richard Thomas Wynn-Jones
- SIMON JAMES BIRKETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £818k | £2.3m |
| 31/12/2024 | £547k | £48k |
| 31/12/2023 | £158k | £48k |
| 31/12/2022 | £389k | £36k |
| 31/12/2021 | £278k | £14k |
Common questions
Is THE FRIENDS OF WELLS CATHEDRAL financially healthy?
The accounts state that free reserves are negative £35,811, with unrestricted liabilities including grant commitments totalling £559,540. The trustees note that fixed asset investments could be realised to provide necessary cash flow and are satisfied that overall reserves remain appropriate for day-to-day operations. Its FY2025 accounts were independently examined.
Who funds THE FRIENDS OF WELLS CATHEDRAL?
Funders whose own accounts filings name THE FRIENDS OF WELLS CATHEDRAL as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SOUTH PETHERTON WITH THE SEAVINGTONS AND THE LAMBROOKS.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SOUTH PETHERTON WITH THE SEAVINGTONS AND THE LAMBROOKS | FY2023 | £70 |