Finance Score: -2
Governance Score: 0
Support Score: 4
  • Liabilities <10%: +3
  • Excess reserves: -4
  • Large legacies income: +1
  • Multiple Deficits: -2
    • Grant maker support: +4
    Overall GiG Score: 2 ?

    ELY CATHEDRAL TRUST 

    The objects of Ely Cathedral Trust are to apply income for the repair and maintenance of the Cathedral and its surrounding buildings and to support the Cathedral Choir.
    Analysis by Giving is Great

    Positives:

    • The charity has received modest backing from a grant maker recently
    • This charity has a robust balance sheet
    • This charity has received considerable income from legacies in recent years

    Financial issues to consider:

    • This charity has substantial assets and unrestricted reserves of £2,512,933 available, equivalent to 42 months of spending and so may not be able to utilise additional funding
    • On several occasions in recent years income has been 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£1,857£710£1,147£0£10,798£2,51342.500
    31/12/21£397£458£-61n/an/an/an/an/a0
    31/12/20£447£690£-243n/an/an/an/an/a0
    31/12/19£423£422£2n/an/an/an/an/a0
    31/12/18£511£650£-139£4£7,900£4748.700
    31/12/17£586£600£-14£7£8,157£4539.100
    31/12/16£1,186£519£667£7£7,525£4299.900
    31/12/15£688£310£378£21£6,174£1274.910
    31/12/14£544£326£218£19£5,718£1274.700
    31/12/13£384£224£160£0£0£0n/a00
    31/12/12£455£200£255£0£0£0n/a00
    31/12/11£465£411£53£0£0£0n/a00
    31/12/10£521£336£185£101£4,103£0n/a10
    31/12/09£303£299£4£0£0£0n/a00
    31/12/08£338£128£210£0£0£0n/a00
    31/12/07*£726£274£451£24£3,943£0n/a00
    31/12/06*£1,070£297£773£0£0£0n/a00
    31/12/05£381£394£-13£0£0£0n/a00
    31/12/04£371£232£139£0£0£0n/a00

    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 2%
    Liabilities/Income: 9%
    Unrestricted Funds/Total Funds: 23%
    Reserves/Spending: 42.5 months
    Net Current Assets/Spending: 8 months
    Quick Ratio: 3.3
    Asset Split ?
    Established: 51 years

    www.cathedral.ely.anglican.org

    a.binstead@elycathedral.org

    01353660321

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Environment/Conservation/Heritage
    • General Charitable Purposes
    • Religious Activities
    GiG Classification
    • Other religious associations
    How it operates
    • Makes Grants to Organisations
    • Other charitable activities
    Where it operates
    • Cambridgeshire,
    Who it helps
    • Other Defined Groups

    Who's supporting them? ?

    Donations from Grant Makers ?

    We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

    Specific Donations
    Amount When
    Months
    To be used for
    Dulverton Trust - Conservation of the exterior west elevation of the Galilee Porch
    £40,000 19/10/2022
    Conservation of the exterior west elevation of the Galilee Porch

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (9)
    Current Trustees appointed
    Gender Split

    Legal constitution
    • Charity registered in England & Wales on 24/11/1972, number: 264803
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Complaints handling
    • Conflicting interests
    • Investment
    • Risk management
    • Safeguarding vulnerable beneficiaries
    Filing Record
    19 returns made; AR07: 112 days late, AR06: 1 days late,
    Main office

    THE CHAPTER HOUSE
    THE COLLEGE
    ELY
    CB7 4DL

    Objectives

    I) CHARITABLE PURPOSES CONNNECTED WITH ELY CATHEDRAL; (II) SUCH OTHER CHARITABLE PURPOSES OR SUCH CHARITABLE FOUNDATIONS AS THE TRUSTEES (NOT BEING LESS THAN SEVEN IN NUMBER) SHALL FROM TIME TO TIME BY DEED EXECUTED WITH THEIR UNANIMOUS CONSENT DECLARE.

    Defined Area of Benefit:

    NOT DEFINED

    Data Sources

    Charity Commission for England and Wales
    360 Giving
    CharityBase
    Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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