ELY CATHEDRAL TRUST
Latest income
£640k
Latest spending
£723k
Registered
1972
Accounts read
FY2025
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
Going concern: noted by the trustees or auditor
“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
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The charity is transferring operations to a Charitable Incorporated Organisation (CIO) and the current trust will cease.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Funders the charity credits
- Church Commissioners' Cathedral Sustainability Fund
Structured financials (annual return, FY ending 31/12/2025)
Total income
£640k
Total spending
£723k
Cost of raising funds
£3k
Reserves (reported)
£3.2m
Employees
0
Trustees
- Canon Paul Evans
- David Green
- Ian Pattinson
- Isobel Philippa Newport-Mangell
- Jane Lewin-Smith
- Peter Garside
- Revd Dr Sir Ralph Waller
- THE VERY REVD MARK PHILIP JOHN BONNEY DL
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?
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL SOCIETY OF WILDLIFE TRUSTS | 1 | £775k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £125k |
| THE HEADLEY TRUST | 1 | £50k |
| THE A M CHARITABLE TRUST | 1 | £10k |
| The Patricia Routledge Foundation | 1 | £5k |