CARLISLE CATHEDRAL DEVELOPMENT TRUST
Established to form an ongoing part of the life and work of the cathedral and to assist in its fund-raising for the development of the cathedral's life and worship, the improvement of its facilities and the maintenance and restoration of its buildings.
Objects
TO OR FOR SUCH CHARITABLE PURPOSES CONNECTED WITH CARLISLE CATHEDRAL AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIDR ABSOLUTE DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £1,572,952, driven by investment gains of £130,896. However, the trustees report that free reserves were negative by £232, consisting of current assets of £9,008 less creditors of £9,240. The charity relies on investment income and grants to the Cathedral Chapter, with no stated reserves policy target disclosed.
What the accounts disclose
“During the year the Trust made grants to the Chapter of the Cathedral of £54,020 (2024 - £56,225) as detailed in note 5 of the accounts.” — page 20
“During the year, Church House which is owned by the Trust, was rented to the Chapter of the Cathedral, rent payments received in the year totalled £19,500 (2024 - £19,500).” — page 20
“During the year the Trust made grants to the Chapter of the Cathedral of £54,020 (2024 - £56,225) as detailed in note 5 of the accounts.” — page 20
“During the year, Church House which is owned by the Trust, was rented to the Chapter of the Cathedral, rent payments received in the year totalled £19,500 (2024 - £19,500).” — page 20
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- David Michael Allen
- Ian Mark Thompson
- JOHN LEE NIXON
- Jonathan Robert Coulthard
- Marcia Reid Fotheringham
- Michael Everitt
- Nick DeMasi
- Richard Platt
- Ruth Joy Crossley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £84k | £81k |
| 31/12/2024 | £84k | £87k |
| 31/12/2023 | £84k | £87k |
| 31/12/2022 | £62k | £111k |
| 31/12/2021 | £51k | £69k |
Common questions
Is CARLISLE CATHEDRAL DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total net assets increased to £1,572,952, driven by investment gains of £130,896. However, the trustees report that free reserves were negative by £232, consisting of current assets of £9,008 less creditors of £9,240. The charity relies on investment income and grants to the Cathedral Chapter, with no stated reserves policy target disclosed. Its FY2025 accounts were audited by Dodd & Co Audit Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/09/2006 | £5k | Formation of Girls Choir |