THE IVOR READ CHARITY
To pay the income of the charity to Canterbury Cathedral for the maintenance of the fabric
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £51,239, which the trustees consider sufficient to meet running costs. The charity reported a net income of £41,083 for the year, derived entirely from rental income of £42,000. No grants were paid to the beneficiary during the current year, contrasting with £40,000 in the prior period.
What the accounts disclose
“The main source of income is from rents paid by the tenant for the Golf Club.” — page 5
“The charity retains sufficient reserves to meet its running costs.” — page 6
“Grants were made to Canterbury Cathedral during the prior financial year as disclosed in Note 3 of the Financial Statements.” — page 14
Trustees
- The Cathedral and Metropolitical Church of Christ, Canterbury
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £42k | £917 |
| 05/04/2024 | £42k | £41k |
| 05/04/2023 | £42k | £81k |
| 05/04/2022 | £42k | £1k |
| 05/04/2021 | £42k | £51k |
Common questions
Is THE IVOR READ CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £51,239, which the trustees consider sufficient to meet running costs. The charity reported a net income of £41,083 for the year, derived entirely from rental income of £42,000. No grants were paid to the beneficiary during the current year, contrasting with £40,000 in the prior period. Its FY2025 accounts were independently examined.