Finance Score: -6

Governance Score: 1

Support Score: 0

Spending falling: -1
Multiple Deficits and declines: -5
No PartB

No conflicts policy: -1
Dynamic board: +3
Mainly male board: -1

No supporters identified

Overall GiG Score: -5

SOUTHWARK CATHEDRAL DEVELOPMENT TRUST

The trust exists to support the work of Southwark Cathedral by funding outreach and mission work in the parish and wider Diocese of Southwark, providing ongoing funding for the Cathedral's three choirs (boys, girls and young adults) and to meet the costs of a major programme of refurbishment of the Cathedral Church.

Analysis by Giving is Great

Positives:

The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
This charity does not have a Conflict of Interests policy
The Board is predominantly male
Over half the Board have joined recently

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£13	£79	£-66	n/a	n/a	n/a	n/a	n/a	0
31/12/21		£43	£97	£-54	n/a	n/a	n/a	n/a	n/a	1
31/12/20		£45	£69	£-24	n/a	n/a	n/a	n/a	n/a	0
31/12/19		£37	£93	£-56	n/a	n/a	n/a	n/a	n/a	0
31/12/18		£467	£355	£112	£0	£0	£0	n/a	0	0
31/12/17		£960	£467	£492	£12	£792	£751	19.3	0	0
31/12/16		£165	£157	£8	£0	£0	£0	n/a	0	0
31/12/15		£434	£324	£110	£0	£0	£0	n/a	0	0
31/12/14		£309	£376	£-68	£0	£0	£0	n/a	0	0
31/12/13		£277	£319	£-42	£0	£0	£0	n/a	0	0
31/12/12		£540	£263	£277	£79	£317	£58	2.6	1	0
31/12/11		£47	£8	£39	£0	£0	£0	n/a	0	0
31/12/10		£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0
31/12/09		£0	£0	£0	£0	£0	£0	NAN	0	0
31/12/08		£1	£30	£-29	£0	£0	£0	n/a	0	0
31/12/07		£5	£0	£5	£0	£0	£0	n/a	0	0
31/12/06	*	£2	£14	£-12	£0	£0	£0	n/a	0	0
31/12/05		£19	£16	£3	£0	£0	£0	n/a	0	0
31/12/04	*	£24	£16	£8	£0	£0	£0	n/a	0	0

Show more rows -->

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 26 years

matthew.knight@southwark.anglican.org

02073676726

Charity Commission for England and Wales

Listed activities

Environment/Conservation/Heritage
Religious Activities

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations

Where it operates

Southwark,

Who it helps

Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Based on 6/7 persons

REV LOTWINA FARODOYE Appointed: 2023, Other trusteeship: SOUTHWARK CATHEDRAL DEVELOPMENT TRUST CIO,

THE VENERABLE JONATHAN SEDGWICK Appointed: 2023

CANON MICHAEL RAWSON Appointed: 2023, Other trusteeships: THE DEAN OF SOUTHWARK'S FUND, ST MARY NEWINGTON EDUCATIONAL FOUNDATION, NEWCOMEN COLLETT FOUNDATION,

PHILIP STURROCK Appointed: 2013, Other trusteeship: SOUTHWARK CATHEDRAL DEVELOPMENT TRUST CIO,

RICHARD CORNWELL Appointed: 2023, Other trusteeship: SOUTHWARK CATHEDRAL DEVELOPMENT TRUST CIO,

THE VERY REV'D ANDREW NUNN (Chair), Other trusteeship: ST OLAVE'S & ST SAVIOUR'S SCHOOLS FOUNDATION CIO,

JENNIFER PAGE Appointed: 2011, Occupation: Retired, Other trusteeships: LAUNDE ABBEY TRUST, ANGLICAN PARISH CHURCHES FUND,

Legal constitution

Charity registered in England & Wales on 04/06/1998, number: 1069914

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

19 returns made; AR06: 13 days late, AR04: 17 days late,

Main office

Southwark Cathedral Office
Montague Chambers
Montague Close
LONDON
SE1 9DA

Objectives

TO ADVANCE THE CHRISTIAN RELIGION BY ASSISTING IN EXTENDING DEVELOPING AND MAINTAINING THE BUILDINGS, FABRIC, AMENITIES AND WORK OF THE CATHEDRAL, AND FOR SUCH OTHER LEGALLY CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME DECIDE.

Defined Area of Benefit:

SOUTHWARK

Data Sources