ELY CATHEDRAL TRUST
The objects of Ely Cathedral Trust are to apply income for the repair and maintenance of the Cathedral and its surrounding buildings and to support the Cathedral Choir.
Financial health, per its FY2025 accounts
The accounts state that the financial statements have been prepared on a basis other than going concern because the trustees intend to transfer operations to a new Charitable Incorporated Organisation within a year. All assets and liabilities are to be transferred to the new entity at their carrying amounts, with no material adjustments arising from this change in basis.
What the accounts disclose
“For this reason, the financial statements have been prepared on a basis other than going concern. No material adjustments arose as a result of ceasing to apply the going concern basis.” — page 14
“In order to formalise the governance structure of the charity and create a separate legal identity, the Trustees have decided to transfer the operations to a Charitable Incorporated Organisation (CIO).” — page 14
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Funders the charity credits
- Church Commissioners' Cathedral Sustainability Fund
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Canon Paul Evans
- David Green
- Ian Pattinson
- Isobel Philippa Newport-Mangell
- Jane Lewin-Smith
- Peter Garside
- Rev James Reveley
- Revd Dr Sir Ralph Waller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £640k | £723k |
| 31/12/2024 | £745k | £756k |
| 31/12/2023 | £673k | £809k |
| 31/12/2022 | £1.9m | £710k |
| 31/12/2021 | £397k | £458k |
Common questions
Is ELY CATHEDRAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the financial statements have been prepared on a basis other than going concern because the trustees intend to transfer operations to a new Charitable Incorporated Organisation within a year. All assets and liabilities are to be transferred to the new entity at their carrying amounts, with no material adjustments arising from this change in basis.
Who funds ELY CATHEDRAL TRUST?
Funders whose own accounts filings name ELY CATHEDRAL TRUST as a grant recipient include THE SIMON GIBSON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SIMON GIBSON CHARITABLE TRUST | FY2022 | £5k | |
| THE SIMON GIBSON CHARITABLE TRUST | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 2 | £90k |
| THE MCCORQUODALE CHARITABLE TRUST | 2 | £15k |
| THE OUSELEY CHURCH MUSIC TRUST | 2 | £8k |
| THE ANNIE TRANMER CHARITABLE TRUST | 2 | £4k |
| THE MASTER CHARITABLE TRUST | 1 | £1.7m |
| ROYAL SOCIETY OF WILDLIFE TRUSTS | 1 | £775k |
| THE JULIA RAUSING TRUST | 1 | £649k |
| THE FRIENDS OF GLOUCESTER CATHEDRAL CIO | 1 | £455k |
Charities like this
- GLOUCESTER CATHEDRAL
- THE ROCHESTER CATHEDRAL TRUST
- St Edmundsbury Cathedral Trust
- CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO
- THE CATHEDRAL CHURCH OF THE HOLY AND UNDIVIDED TRINITY OF ELY
- CATHEDRAL CHURCH OF ST MARY THE VIRGIN, ST PETER AND ST CEDD, CHELMSFORD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ELY CATHEDRAL TRUST | £640k | — | 0 | unclear | — | not going concern |
| GLOUCESTER CATHEDRAL | £4.8m | £70,001 - £80,000 | 1 | below | — | material uncertainty |
| THE ROCHESTER CATHEDRAL TRUST | £166k | — | 0 | unclear | — | no doubt |
| St Edmundsbury Cathedral Trust | £270k | — | 0 | below | — | no doubt |
| CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO | £1.4m | — | 0 | unclear | — | no doubt |
| THE CATHEDRAL CHURCH OF THE HOLY AND UNDIVIDED TRINITY OF ELY | £4.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |