THE CLEAVER ORDINATION CANDIDATES 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.
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.
What the accounts disclose
“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
Trustees
- THE REVD DR PETER BENEDICT ANTHONYchair
- CLAIRE CHILDS
- Dr Ann Mary Chippindale
- Dr LUCY MARY FRANCES RAZZALL
- Michael Vaughan Cooper OBE
- Rev Nicholas Johnathan Debney
- Rev Roderick Neil Stephen Leece
- Rev Toby Boutle
- THE REVD JOHN LIVESLEY
- The Reverend Christopher Johnson
- Tyler Wellington Hill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.