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.
Objects
I) CHARITABLE PURPOSES CONNNECTED WITH ELY CATHEDRAL; (II) SUCH OTHER CHARITABLE PURPOSES OR SUCH CHARITABLE FOUNDATIONS AS THE TRUSTEES (NOT BEING LESS THAN SEVEN IN NUMBER) SHALL FROM TIME TO TIME BY DEED EXECUTED WITH THEIR UNANIMOUS CONSENT DECLARE.
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).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
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 | FY2021 | £11k | |
| 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 |
|---|---|---|
| CATHEDRAL MUSIC TRUST | 3 | £127k |
| THE OUSELEY CHURCH MUSIC TRUST | 3 | £11k |
| THE DULVERTON TRUST | 2 | £80k |
| LEICESTER CATHEDRAL CHARITABLE TRUST | 1 | £3.6m |
| THE LEICESTER DIOCESAN BOARD OF FINANCE | 1 | £374k |
| KEN DODD CHARITABLE FOUNDATION | 1 | £300k |
| THE COVENTRY DIOCESAN BOARD OF FINANCE LTD | 1 | £238k |
| THE KIRBY LAING FOUNDATION | 1 | £100k |
Charities like this
- ELH CHARITABLE TRUST
- THE CATHEDRAL CHURCH OF ST MICHAEL COVENTRY
- ELY DIOCESAN MOTHERS' UNION
- THE CATHEDRAL CHURCH OF ST MARTIN, LEICESTER
- THE FRIENDS OF ELY CATHEDRAL CIO
- THE ELY DIOCESAN BOARD OF FINANCE
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 |
| ELH CHARITABLE TRUST | £41k | — | 0 | unclear | — | no doubt |
| THE CATHEDRAL CHURCH OF ST MICHAEL COVENTRY | £2.0m | £70,000 - £80,000 | 1 | unclear | — | no doubt |
| ELY DIOCESAN MOTHERS' UNION | £29k | — | 0 | unclear | — | no doubt |
| THE CATHEDRAL CHURCH OF ST MARTIN, LEICESTER | £1.7m | — | 0 | unclear | — | no doubt |
| THE FRIENDS OF ELY CATHEDRAL CIO | £941k | — | 0 | unclear | — | no doubt |