THE DIOCESE OF ELY RELIGIOUS EDUCATIONAL TRUST
Managing investments and utilising investment income to support religious activities throughout the Diocese of Ely.
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a surplus for the year and maintains unrestricted funds of £1,303,949, which exceeds its stated reserves policy target of £1.277m invested in fixed assets. The trustees confirm the charity remains a going concern with adequate resources to continue operations.
What the accounts disclose
“A grant of £65,000 was made to the Ely Diocesan Education Committee which is part of the Ely Diocesan Board of Finance.” — page 12
Trustees
- Jon Young
- The Revd Canon Thomas Oliver Buchanan
- The Ven Dr Alexander James Hughes
- The Venerable HUGH KYLE MCCURDY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £79k |
| 31/12/2023 | £74k | £77k |
| 31/12/2022 | £12k | £19k |
| 31/12/2021 | £11k | £19k |
| 31/12/2020 | £11k | £12k |
Common questions
Is THE DIOCESE OF ELY RELIGIOUS EDUCATIONAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity recorded a surplus for the year and maintains unrestricted funds of £1,303,949, which exceeds its stated reserves policy target of £1.277m invested in fixed assets. The trustees confirm the charity remains a going concern with adequate resources to continue operations. Its FY2024 accounts were independently examined.