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THE FRIENDS OF ST DAVIDS CATHEDRAL

Registered charity 513485 · accounts filings on the Charity Commission register · also known as FRIENDS OF ST DAVIDS CATHEDRAL

To support and assist the Dean & Chapter of St Davids Cathedral in the maintenance of St Davids Cathedral.

Causes: General Charitable Purposes · Accommodation/housing · Religious Activities · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£711k
Latest spending
£186k
Registered
1983
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's total funds increased to £4,600,418, driven largely by a significant legacy received from S.D. Sherman. The trustees report that the financial position is satisfactory and that additional spending on property repairs and staffing, supported by the legacy, will not detrimentally affect the charity's future capacity. The charity has no recurring financial commitments and therefore holds no reserves policy.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Audit opinion: qualified
“As explained in Note 14 to the accounts, several parcels of land included within investment properties and with a valuc of £194,001 are held at either their 2007 or 2017 valuation. It is not considered that these parcels of land are held at fair value. As a result, it is considered that the balance sheet value of the investment properties as a whole of £2,199,001 does not represent their fair value at year end and also that the value of these assets are understated in the financial statements.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees who are also directors of the Dean and Chapter's trading subsidiary, St David's Cathedral Bookshop Limited, which leased a property from the charity for part of the previous year.
“Several of the charity's trustees during the year, namely Canon Dr M. A. R. Hill, The Venerable P. Mackness and The Very Reverend Dr Sarah Rowland Jones were also directors of the Dean and Chapter's trading subsidiary, St David's Cathedral Bookshop Limited which leased a property from the charity for part of the previous year. A number of the charity's trustees are also trustees of the Dean and Chapter. There were no other related party transactions for the year ended 31 December 2024.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: St David's Cathedral Bookshop Limited
“Several of the charity's trustees during the year, namely Canon Dr M. A. R. Hill, The Venerable P. Mackness and The Very Reverend Dr Sarah Rowland Jones were also directors of the Dean and Chapter's trading subsidiary, St David's Cathedral Bookshop Limited which leased a property from the charity for part of the previous year.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Ashmole and Co.. Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£711k
Total spending
£186k
Cost of raising funds
£53k
Reserves (reported)
£227k
Employees
2

Reported reserves equal ~14.6 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 7.4% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£711k£186k
31/12/2023£127k£185k
31/12/2022£67k£167k
31/12/2021£146k£80k
31/12/2020£98k£151k

Common questions

Is THE FRIENDS OF ST DAVIDS CATHEDRAL financially healthy?

Per its FY2024 accounts: The accounts state that the charity's total funds increased to £4,600,418, driven largely by a significant legacy received from S.D. Sherman. The trustees report that the financial position is satisfactory and that additional spending on property repairs and staffing, supported by the legacy, will not detrimentally affect the charity's future capacity. The charity has no recurring financial commitments and therefore holds no reserves policy. Its FY2024 accounts were audited by Ashmole and Co..

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JULIA RAUSING TRUST1£1.4m
LORD LEVERHULME'S CHARITABLE TRUST1£258k
CATHEDRAL MUSIC TRUST1£20k
THE MCCORQUODALE CHARITABLE TRUST1£5k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHURCH HULME1£2k
THE URSULA KEYES TRUST1£1k
MINCHINHAMPTON WITH BOX PCC1£294
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY1£100

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE FRIENDS OF EXETER CATHEDRAL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FRIENDS OF ST DAVIDS CATHEDRAL£711k—0unclear—no doubt
THE FRIENDS OF EXETER CATHEDRAL FY2025£392k—0above—no doubt
ST DAVIDS DIOCESAN BOARD OF FINANCE FY2025£4.9m£60,001 - £85,0002unclear—no doubt
THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL FY2024£1.3m—0below—no doubt
THE ASSOCIATION OF THE FRIENDS OF SALISBURY CATHEDRAL FY2026£290k—0unclear—no doubt
The Parochial Church Council of the Ecclesiastical Parish of Saint David, Exeter FY2025£125k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.