SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL
The principal object of the Society is to support the activities of Westminster Cathedral. Funds are raised to further this object from membership subscriptions, donations and by means of events approved and monitored by the trustees
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net increase in funds of £82,593 for the year, with unrestricted reserves standing at £53,606. The trustees report that this level of reserves represents 32 months of administrative expenditure, which is above their stated policy target of maintaining more than 12 months of expenditure. The charity confirms it is a going concern with all definite funding commitments covered by designated and restricted funds.
What the accounts disclose
“In order to continue to meet the running costs of the Society the trustees have set a policy of maintaining the accumulated fund at more than 12 months of administrative expenditure.” — page 5
“The members of the Council, who are trustees of the charity, are related parties. The members of the council have all attended Friends events during the year. They have purchased tickets on the same basis as other members of the Friends.” — page 16
Trustees
- BRIAN ANDREW HOLLINGSWORTH
- Cliona Howell
- Elizabeth Margaret Gibson MBE
- Evan WJ McNamara
- George Pollard
- Mary Maxwell
- Peter Sheppard
- Rev Patrick van der Vorst
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £202k | £119k |
| 31/12/2023 | £119k | £389k |
| 31/12/2022 | £94k | £37k |
| 31/12/2021 | £270k | £67k |
| 31/12/2020 | £111k | £142k |
Common questions
Is SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net increase in funds of £82,593 for the year, with unrestricted reserves standing at £53,606. The trustees report that this level of reserves represents 32 months of administrative expenditure, which is above their stated policy target of maintaining more than 12 months of expenditure. The charity confirms it is a going concern with all definite funding commitments covered by designated and restricted funds. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £81k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £61k |
| THE UNION OF THE SISTERS OF MERCY OF GREAT BRITAIN | 1 | £36k |
| CATHOLIC TRUST FOR ENGLAND AND WALES | 1 | £35k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £5k |
| THE GREEN HALL FOUNDATION | 1 | £3k |
| SIR JEREMIAH COLMAN GIFT TRUST | 1 | £2k |
| THE DYERS' COMPANY CHARITABLE TRUST | 1 | £2k |
Charities like this
- THE ASSOCIATION OF THE FRIENDS OF SALISBURY CATHEDRAL
- FRIENDS OF NORWICH CATHEDRAL
- WESTMINSTER AMALGAMATED CHARITY
- FRIENDS OF WINCHESTER CATHEDRAL
- THE FRIENDS OF EXETER CATHEDRAL
- WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUST AND OTHER TRUST FUNDS ADMINISTERED BY THE WESTMINSTER ROMAN CATHOLIC DIOCESAN TRUSTEE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL | £202k | — | 0 | above | — | no doubt |
| THE ASSOCIATION OF THE FRIENDS OF SALISBURY CATHEDRAL | £290k | — | 0 | unclear | — | no doubt |
| FRIENDS OF NORWICH CATHEDRAL | £333k | — | 0 | unclear | — | no doubt |
| WESTMINSTER AMALGAMATED CHARITY | £260k | — | 0 | unclear | — | no doubt |
| FRIENDS OF WINCHESTER CATHEDRAL | £1.2m | — | 0 | above | — | no doubt |
| THE FRIENDS OF EXETER CATHEDRAL | £392k | — | 0 | above | — | no doubt |