BEVERLEY MINSTER OLD FUND
Repair, restoration and maintenance of Beverley Minster.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £75,579 for the year ended 31 December 2024, driven by investment gains despite a deficit on income and expenditure. The trustees maintain free reserves of £171,941, which they consider slightly exceeds their policy target of six months' expenditure. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or pension deficits.
What the accounts disclose
“It is the policy of the Trustees to maintain free reserves of the Charity at a level which equates to approximately six months' expenditure.” — page 7
“There were no related party transactions for the year ended 31st December 2024.” — page 24
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Alistair Needler
- David John Lock
- Derek Robert KIRBY
- MAYOR MAYOR Beverley
- Michael James Piper
- Neil Mckechnie
- Nick Dean
- PAUL GERALD COLLINS
- Rev Andrew Clifford Broom
- Rodney Barton
- SUSAN ROBSON
- Simon Carr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £313k | £355k |
| 31/12/2023 | £775k | £190k |
| 31/12/2022 | £285k | £277k |
| 31/12/2021 | £1.3m | £1.8m |
| 31/12/2020 | £680k | £906k |
Common questions
Is BEVERLEY MINSTER OLD FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £75,579 for the year ended 31 December 2024, driven by investment gains despite a deficit on income and expenditure. The trustees maintain free reserves of £171,941, which they consider slightly exceeds their policy target of six months' expenditure. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or pension deficits. Its FY2024 accounts were audited by Smailes Goldie.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF YORK MINSTER | 1 | £900k |
| GARFIELD WESTON FOUNDATION | 1 | £500k |
| THE MASTER CHARITABLE TRUST | 1 | £500k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £10k |
| THE HALEY FAMILY CHARITABLE TRUST | 1 | £1k |
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | 1 | £200 |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN AND ST MARTIN, BEVERLEY
- BEVERLEY CONSOLIDATED CHARITY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH ST JOHN BAPTIST BERKSWELL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE MINSTER CHURCH OF ST JOHN THE BAPTIST HALIFAX
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BEVERLEY
- YORK MINSTER FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BEVERLEY MINSTER OLD FUND | £313k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN AND ST MARTIN, BEVERLEY | £628k | — | 0 | unclear | — | no doubt |
| BEVERLEY CONSOLIDATED CHARITY | £1.3m | £70,000 - £80,000 | 4 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH ST JOHN BAPTIST BERKSWELL | £156k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE MINSTER CHURCH OF ST JOHN THE BAPTIST HALIFAX | £499k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BEVERLEY | £465k | — | 0 | above | — | no doubt |