NEWCASTLE CATHEDRAL TRUST
The raising and short term accumulation of funds for the benefit of the Cathedral, in particular the organisation of a fund raising scheme to finance a major refurbishment project within the next five years
Financial health, per its FY2025 accounts
The accounts state that all reserves are classified as restricted, with a stated trustee policy to hold no free reserves, resulting in zero unrestricted funds. The charity reported a net expenditure of £174,527 against total income of £132,521, leading to a decrease in total fund balances from £259,982 to £85,455. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“All reserves are classed as restricted by the trust so the policy of the trustees is to have no free reserves.” — page 5
“During the year grants of £280,351 (2024: £91,708) were paid to The Cathedral Church of St Nicholas. Included in creditors due within one year is an amount of £18,014 (2024: £295) due to The Cathedral Church of St Nicholas. The Newcastle Cathedral Trust and The Cathedral Church of St Nicholas have a number of Trustees in common,” — page 15
Trustees
- Adrian Waddell
- Helen Elizabeth Cunningham
- Jennifer Hartley
- LTG Robin Brims
- MR TONY GLENTON
- Nitin Shukla
- Professor John Burgess Goddard OBE, PhD
- The Very Reverend Lee Paul Batson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £133k | £307k |
| 31/12/2024 | £249k | £113k |
| 31/12/2023 | £58k | £317k |
| 31/12/2022 | £65k | £463k |
| 31/12/2021 | £293k | £2.8m |
Common questions
Is NEWCASTLE CATHEDRAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that all reserves are classified as restricted, with a stated trustee policy to hold no free reserves, resulting in zero unrestricted funds. The charity reported a net expenditure of £174,527 against total income of £132,521, leading to a decrease in total fund balances from £259,982 to £85,455. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds NEWCASTLE CATHEDRAL TRUST?
Funders whose own accounts filings name NEWCASTLE CATHEDRAL TRUST as a grant recipient include THE W A HANDLEY CHARITY TRUST.
Shared trustees with funders
- MR TONY GLENTON — trustee here and at THE W A HANDLEY CHARITY TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE W A HANDLEY CHARITY TRUST | FY2024 | £15k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 01/04/2025 | £10k | Grant to Newcastle Cathedral Trust |
| The Mercers' Company | 17/04/2024 | £63k | Grant to St Nicholas Cathedral, Newcastle |
| The National Lottery Community Fund | 02/02/2024 | £20k | Recovery Cathedral |
| Community Foundation North East | 03/06/2021 | £10k | A grant to Newcastle Cathedral Trust |
| The National Lottery Heritage Fund | 17/08/2020 | £14k | "COVID19 Newcastle Cathedral" |
| The National Lottery Community Fund | 10/02/2020 | £9k | The Lantern Initiative - Moving Forward Together |
| The Mercers' Company | 08/10/2019 | £82k | Grant to St Nicholas Cathedral, Newcastle |
| The National Lottery Heritage Fund | 21/03/2017 | £4.6m | "Newcastle Cathedral: Common Ground in Sacred Space" |
| The National Lottery Heritage Fund | 30/06/2016 | £10k | "Somme 100 : Newcastle Heroes" |
| The National Lottery Heritage Fund | 09/06/2011 | £256k | "Illuminating Stories - Newcastle Cathedral in new light" |