THE CLEAVER ORDINATION CANDIDATES FUND

Registered charity 313473 · accounts filings on the Charity Commission register · also known as CLEAVER FUND

The Cleaver Ordination Candidates Fund exists for the support and encouragement of Anglo-Catholic ordinands committed to a traditional understanding of the priesthood and historic episcopate, and to urge the importance of continuing sound theological learning amongst the clergy.

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£67k
Latest spending
£80k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net deficit of £12,406 and experienced a loss on investments of £62,502, causing total funds to fall from £2,235,367 to £2,160,459. Per the trustees' report, unrestricted general funds are Nil, though the trustees intend to maintain cash reserves at or above three months' worth of expenditure. The charity relies on investment income and has no disclosed trading subsidiaries or pension deficits.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The trustees are satisfied that the balance on unrestricted funds is sufficient to meet current grant obligations, and intend to maintain cash reserves at or above an amount equal to three months' worth of expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/09/2025£67k£80k
30/09/2024£67k£72k
30/09/2023£66k£97k
30/09/2022£66k£97k
30/09/2021£63k£51k

Common questions

Is THE CLEAVER ORDINATION CANDIDATES FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £12,406 and experienced a loss on investments of £62,502, causing total funds to fall from £2,235,367 to £2,160,459. Per the trustees' report, unrestricted general funds are Nil, though the trustees intend to maintain cash reserves at or above three months' worth of expenditure. The charity relies on investment income and has no disclosed trading subsidiaries or pension deficits. Its FY2025 accounts were independently examined.