THE FRIENDS OF HEREFORD CATHEDRAL
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £823,529, with free reserves of £138,400, which the trustees consider sufficient to maintain activities. The charity reports a net income of £51,260 for the year, driven by significant legacies, although investment values experienced a loss. The trustees confirm adequate resources for the foreseeable future, indicating stable financial health.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
- Dr BARBARA JOY RODERICKchair
- Clive Walker
- David Owen
- Dr Carole Jane Caldwell
- Dr THOMAS DOUGLAS RODERICK
- Erica Mary Hillman
- Iris Eileen Howlett
- Isobel Willmott
- Paul Wynne Griffiths
- Sarah Warner
- Wg Cdr Peter John Hereford OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £126k | £56k |
| 31/12/2024 | £90k | £157k |
| 31/12/2023 | £159k | £55k |
| 31/12/2022 | £182k | £51k |
| 31/12/2021 | £38k | £22k |
Common questions
Is THE FRIENDS OF HEREFORD CATHEDRAL financially healthy?
The accounts state that unrestricted reserves stood at £823,529, with free reserves of £138,400, which the trustees consider sufficient to maintain activities. The charity reports a net income of £51,260 for the year, driven by significant legacies, although investment values experienced a loss. The trustees confirm adequate resources for the foreseeable future, indicating stable financial health. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £125k |
| THE HEADLEY TRUST | 1 | £50k |
| THE HAWTHORNE CHARITABLE TRUST | 1 | £17k |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £13k |
| THE A M CHARITABLE TRUST | 1 | £10k |
| SR & PH Southall Trust | 1 | £8k |
| The Patricia Routledge Foundation | 1 | £5k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £5k |