THE ASSOCIATION OF THE FRIENDS OF LINCOLN CATHEDRAL
The Charity makes grants as funds permit to the Chapter of Lincoln Cathedral towards the worship, maintenance, preservation, improvement or repair of the fittings, ornaments, furniture and monuments in Lincoln Cathedral, and the furthering of schemes to set forward it's beauty safety or utility.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves have built up to £427,846, with free reserves at £275,391 after designating £152,455 for future organ costs. The trustees note a risk of income deficit over expenditure and a need to draw on reserves for regular support, although the charity has received legacies and increased income from events and online subscriptions.
What the accounts disclose
“The Trustees feel that the adequate amount of reserves to carry excluding the designated fund is £40,000 to cover the core operating costs of the Charity.” — page 3
“The main risk that the charity faces is a deficit of income over expenditure. Whilst income received from subscriptions and events has increased the need to draw on reserves to cover increases in regular areas of support has become apparent” — page 3
Register events
- Received assets from another charity (02/07/2019)
Trustees
- Alan Peter Read
- Charles Phillip Hoskins
- Joseph Michael Vitoria
- MR BRENDAN CALVERT
- Michael Robert Belcher
- Paul Harold Pinchbeck
- Peter Ralph Strange
- Rev Michael John Boughton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £94k | £51k |
| 31/12/2024 | £80k | £40k |
| 31/12/2023 | £62k | £32k |
| 31/12/2022 | £132k | £224k |
| 31/12/2021 | £21k | £20k |
Common questions
Is THE ASSOCIATION OF THE FRIENDS OF LINCOLN CATHEDRAL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves have built up to £427,846, with free reserves at £275,391 after designating £152,455 for future organ costs. The trustees note a risk of income deficit over expenditure and a need to draw on reserves for regular support, although the charity has received legacies and increased income from events and online subscriptions. Its FY2025 accounts were independently examined.