2025-03-31-accounts

CHICHESTER CATHED ANNUAL REPORT AUDITED ACCOUNTS for the year ended 31ST MARCH 2025

TRUSTEESREPORT.............................................. ............................................................................................ 2-14 REPORT OF THE INDEPENDENT AUDITORS TO THE CHAPTER OF CHICHESTER CATHEDRAL...................... 15-17 CONSOLIDATED STATEMENT OF FINANCIALACTlVtTIES.................................................................................... 18 CONSOLIDATED BALANCE SHEET,....................................................................................................................... 19 CHAPTER BALANCE SHEET...........,............................................................................................................. ......... 20 CON50LIDATED CASHFLOW STATEMENT......................... .................................................................................. 21 NOTESTO CONSOLIDATED CASHFLOWSTATEMENT......,.........................................,........................................ 22 ACCOUNTING POLICIES........................................................................................................ . 2>24 NOTESTOTHEACCOUNTS...........,.................................................................................................................. 25-37 APPENDICES..................................................................................-............................................-..,.... ................. 38 APPENDIX I- PRIOR YEAR STATEMENT OF FIMNCNLACTIVITIES .. ....................................................................................38 APPENDIX 2- PRIOR YEAR CONSDLIDATED BALANCESHEET.....................-.......-............................................-...................39 APPENDIX3- PRIOR YEAR CHAPTER BALANCE SHEET..............................................................-..................... ..................4 APPENDIX4- PROFESSIONALAowsoRS.........-....................... ..41 This report has been produced in accordance with the requirements for Accounting and Reporting by English Cathedrals, prepared for the Association of English CathedraLs, and specified by the Church Commissioners, under Section 27 of the Cathedrals Measure 2021. Pagt I

Trustees, Annual Report for the Year Ended 31 March 2025 The Chapter of The Cathedral Church of the Holy Trinlty, Chichester (Chichester Cathedral) presents its report and the Cathedral's audited financial statement for the year ended 31 March 2025. A message from the Dean of Chichester, The Very Revd Dr Edward Dowler: First, I would like to thank you for your welcome to my family in 2024. 1 am thankful to God for the great privilege of being Dean of Chichesier and it has been wonderful to work with excellent clergy colleagues, our wonderful Cathedral staff and the many, many people who so generously give of their time and talents voluntarily. I was installed as Dean of Chichester on 14 September 2024. This followed Interim Dean, the Reverend Canon Simon Holland and Acting Dean. the Very Reverend Graeme Knowles. I would like to thank them both for their contributions to Cathedral life. On average this past year we had 364 worshippers join us for worship on Sundays, and a further 43 who were children under the agè of 16- representing the continued growth of our provision for families. We have a faithful congregation for Morning Prayer and the Eucharist and welcome many visitor5 tQ services during the week, in particular to Choral Evensong. We welcomed 4.075 people for special services, and over 5,885 young people from 5choo15, including for end of term service5. We also warmly welcomed the graduations to the Cathedral this year. working closely with both the University of Chichester and Chichester College. The Cathedral welcomed over 2,681 worshippers over Holy Week and Easter Day la slight increase on last yearl. The return of the Chrism Eucharist was also wamily welcomed, with 488 attendees- and clerbry from acr055 our Diocese travelling to renew their vows and receive their oils. We continue to live-stream our worship, including our Sunday Eucharist and service of Choral Evensong. This digital offering is warrnly received by congregants across the world, and locally- includin8 at local care homes. The worshipping life of the Cathedral is its central and core business, and our world class musical tradition is integral to that because it draws people towards God in a unique way. Since I became Dean, I have worked closely with the team at the Chichester Cathedral Restoration & Development Trust to ensure that we have a successful focus on raising funds to sustain the musical life of the Cathedral. We have promoted the Chichester Cathedral Platinum Endowment Trust for Musie and sought opportunities for sponsorship of individual choristers and musicians. Looking forward into 2025 and beyond, a strongfocus on fundraising to sustain our musical tradition will remain alongside the efforts of the operdtions team to reduce our operating deficit. These two key objertives working in harmony with one another will help to shape a more sustainable future for the Cathedral. I wish to thank our worshipping community who continue to support the lifè of the Cathedral by donating their time and talents, as well as by contributing financially. Finally, I would like to thank on my own behalf and that of all of us, my colleagues on the clergy team at the Cathedral, the Cathedral Ch3Pter, those who serye on our various committees, our dedicated staff team Page 2

and our wonderful volunteers who work to sustain our life in so many areas. I give thanks to God every day for my part in this and look for continued blessing in the year to come. Reference and Administrative Details The Cathedral Church of the Holy Trintty, Chichester (Chichester Cathedral) is re8lStered with the Charity Commission in England & Wales under the registered number 1205740. The Charity wa5 registered on 26 July 2023 and its constitution is in line with the requirements of the Cathedrals Measure 2021. The Trustees who are also members of Chaptèr during the year were Justin Harrington, The Very Reverend Dr Edward Dowler, Austen Hindman, Howard Castle-smith, Anita Rolls, the Venerable Angela Martin. Reverend Canon Vanessa Baron and Reverend Dr Jack Dunn Three new Trustees and members of Chapter were appointed during the year.. Justin Harrington on 25 September 2024, Gabrielle Higgins ISNEMI on 27 November 2024 and John Booth on 21 February 2025. The following were Considered to be key management personnel: Ruth Bamford, Chief Operating Officer Icommunarl, until 12 December 2024 Amy Sim, Chief Operating Officer also known as Communar, appointed l February 2025 Oliver Tubb, Head of Marketing and Communications Valerie fimlin, Head of HR Jane Court, Head of Finance Head of Estates & Compliance Ivacancyl Structure, Governallce and Management Chichester Cathedral is governed by the Cathedral Chapter, the body corporate responsible for managing the Cathedral's affairs under the C3thedrals Measure 2021. The Chapter oversees the operational, pastoral. liturgical. and strategic activities, delegating day-to-day management to the Dean, Chief Operating Offi￿r, and Departmental Heads. Chichester Cathedral complies with the requirements of public benefit as outline within the Charities Act 2011. Trustees are recruited in line with the Cathed￿1,5 skills matrix and induction includes safeguarding, goverrbance, and strategic training. All new Trustees receive formal induction and training and are 8iven Copies of the guidance issued by the Charity Commission in relation to Trustee responsibilities. Risk is reviewed quarterly with a formal risk register and audit trail. The Chapter also oversees related entities being its trading subsidiary Chichester Cathedral Enterprises Ltd. and the Chichester Cathedral Restoration & Development Trust. biography each current Chapter www.chiche5tercathedral.org.uk/about￿s1oUr-tedrn Member available via the website:

Chapter is suppgrted by several subcommittee5, as set out in the new Constitution and Statutes, as follows.. The College of Canons The College of Canons is fornied from the Dean, Residentiary Canons, the Bishops Suffragan, the Archdeacons, up to thirty-one Prebendary Canons and up to five Lay Canons. One member of the College of Canons 15 elected to the Chapter. The College meets annually on a day as nèar as convenient to the Feast of All Saints, but meetings can be called more frequently if requested. The Venerable Angela Martin 15 the current Representative of the College of Canons on Chapter. A list of the members of the College of Canons is available on our www.chichestercathedr31.org.uk/about- Us/our-team/our-committees-group5 Fabric Advi50ry Committee The Fabric Advisory Committee IFACI is a group of independent advisors who are responsible to the Cathedrals Fabric Commission for England ICFCEI and considers application5 from the Chapter about proposed development of and changes to the Cathedral's kbri¢. It also advises the Chapter on the care, conservation, repair and development of the Cathedral and meets three times a year. The Dean. Surveyor of the Fabric, Consultant Archaeologist, Communar and Head of Estates attend meetings of the Committee and are entitled to speak but not to vote. Other Chaptef members are free to attend if they wish. Finance Committee The Finance Committee formally meets four times a year but reviews the Cathedrals management accounts and financial performance more regularly. The committee has specific responsibilities in making recommendations to Chapter about investment decisions, Setting of the annual budget, oversight of financial performance of the programming group, and the setting and monitoring of accounting and interrkal controls. Audit and Risk Committee The Committee consists of a Chair who must not be a member of the Chapter but who can be a member of the Finance Committee. Other Committee members are those with expertise in fields pertinent to the risks facing the Cathedral and is a mix of lay staff and non-executive members. The Dean and Communar can attend these meetings but are not entitled to vote. A relatively new committee, it has been rewriting the Cathedral's risk register and had numerous meetings with partner organisations. Safeguarding Management Committee Comprises of the Cathedral Safeguardifig Lead. Diocesan Safeguarding Lead. Chapter Safeguarding Lead, Head of HR and independent representatives with a background in safeguarding. The Dean and Communar attend this committee which convenes three times a year to SUPPOrt Chapter in setting the strategic direction of safeguarding for the Cathedral. Page 4

Objectives and Activities Chichester Cathedral is a livin& working place of worship that has been at the centre of life in Chichester for over nine centuries. The Cathedral's primary purpose is to be a living community of Christian worship, mission and ministry in the Diocese of Chichester. Its objectives include offering daily worship, preserving its architectural and musical heritage, providing a warm welcome to visitors, and enEaginE in education and outreach, while upholding values of sustainability, inclusivity and public benefit. The Cathedral actively meets the public benefit test through open access to worship, hosting community events, promoting education, and maintaining a rich heritage asset for public engagement. The Cathedral'5 charitable objectwes a5 laid down in its constitution are- l. to advance the Christian religion in accordance with the faith and practice of the Church of England, by furthering the mission of the Church of England and it achieves this through= liturgy and worship- grow and nurture ? faithful congregation music, art and engagement - invite people into the house of faith teaching and study - enrich the lives of those who are seeking to grow in frdith and knowledge of God 2. to care for and conserve the fabric and structure of the Cathedral Church 3. to advance any other charitable purposes which are ancillary to the furtherance of the purpose outlined in l & 2 At all times the Cathedral must act for the public benefit within the meaning of settion 4131 of the Charities Act 2011. Achievements and Performance Public Benefrt Chapter confirm that they have complied with section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission in determining the activities of the Cathedral. The Cathedral not only serves the community daily in its religious and outreach activities but is a resource of local importance in the advancement of religion, music, education, history and architecture. Major Services, Events & Exhibitions Arts and Installations: Hosted the monumental fabric tapestry by John Craxton in February, emphasising the Cathedral's role a5 a cultural hub. Landscape with the Elements11975-761 was designed bythe celebrated British Romantic artist who used to sing in Chichester Cathedral choir as a child. Hosted Luke Jerram's "Mars" installation in Ociober, drawing over 29,000 visitors and enhancing appreciation of the intersertion between art, sclence, and spirituality. Page S

Anniversary exhibitions: In April, the Cathedral showcased self-portraits and reflections by women priests marking 30 years of female ordination. Over three decades the DI0￿Se of Chichester, which encompasses the counties of both E3St and West Sussex, benefited from the ministry of numerous women, many of whom had 5eNed as deacone55es and deacons prior to 1994. These self-portraits were on display in the North Chapels from April - May and commemoration of their contribution to ministry was celebrated with a special Eucharist in May with the Bishop of Horsham and The Reverend Canon Helen Garratt, Diocesan Dean of Women's Ministry. Communlty & Culture Festival of Flowers in June 2024 welcomed around 10.000 visitors. Sixty floral arrangements interpreted the theme "Creation,, designed collaboratively with local florists and groups. Outdoor theatre in July, staged by The Pantaloons, Illyria and The Lord Chamberlains Men in the grounds, offering perfomiance typically outside sacred venues. The cathedral featured among city-wide public art events such as 'The Big Hoot,, hosting"MaBiC Eco Owl" in August. In line with previous years, October half-temi saw the Cathedral play host to a large-scale artwork. Luke Jerram's work, Mars, was installed in the Cathedral Nave, supported by a full programme of events. While the evening exhibition, supported by unique lighting and 50undscapes, operated to generate income for the cathedral, the daytime programming served to welcome schools, families and visltors alike to take part in a prayer trail around the cathedral. engage in free story times or invited children land their enthusiastic dultsl to take part in an interactive and immersive workshop under the red planet with our Creative Learning and Discovery team. Late 2024 saw the development and launch of Cathedral Spire Visits. Visitors are invited behind the scenes, ascending through Trrforium, Clerestory and into the roof spaces. Working closely with heritage and s?fety odvisors to open the cathedral roof spaces to the public, the project has generated essential income to support the conseNation of the historic church. In 2024-25, Chichester Cathedral made tangible progress in becoming a more inclusive and accessible Space for all. A key milestone was the installation of a new permanent access ramp, improving physical accessibility for wheelchair users and those with mobility impairments, while maintaining the architectural integrity of the historic site. In parallel, the Cathedral appointed an experienced Diversity. Equity and Inclusion IDEII consultant to support a wider programme of work focused on welcoming and including people from marginalised and underrepresented communities. This appointment signals a long-term commitment to listening• learning, and acting to remove barriers not just physical, but cultural and institutional across every aspect of Cathedral life. Part of the work included in this role is to audit our Communications and website to ensure that our welcome is inclusive from website to entrance. Muslc & Worship Notable among the many special services and events of the year was a service to celebrate the coronation of King Charles 111, attended by a capacity congregation. This, and the High Sherrifffs Judges, service, Show the Cathedral fulfilling its role as a centre of civic, as well as religious life. Epiphany Procession returns for another year, the vibrant January procession with revival costumes and participation by St Paul's Chichester choir, reaffirmed community engagement and liturgical renewal. Page 6

Local and ecumenical relationships were affirmed at services for 'Sanctuary in Chichesterf, Chichester Foodbank, and by the choristers, participation in the annual Roman Catholic celebration of Mass on St Richard's day 2nd evensong for VE day. Further afield, the Choir undertook a brief but busy tour of Bavaria, performing in Bamberg, Konigsberg and Bayreuth, renewing longstanding relationships with diverse Christian congregations and communities. Soon after the announcement of Chithester's twinning with the German city of Speyer. the Master of the Choristers t￿velled there to give a concert in the cathedral. We were honoured to have a piece written for us by the composer and financier Anthony Bolton, and to give the first performance at Evensong, while early music Iby Thomas Weelkes, Master of the Choristers here c1601-16231 was the focus of a live broadcast in November. The choir performed the traditional run of Christmas concerts at Chichester Festival Theatrè early in December, before undertaking the many and well attended Christmas seryices at the Cathedral. A recit31 in February formally launched the Chichester Cathedral Platinum Endowment Trust for Music. The Cathedral, in collaboration with Restoration and Development Trust, continued to promote the Platinum Endowment Trust aiming to raise £5 million to underwrite future music provision,. match-funding has doubled donations with £2.8 million already secured by latest count. The Choir contributed music to the Coram Boy production at Chichester Festival Theatre in 2024 Southern Cathedrals Festival= The Cathedral actively participates in this prestigious July music festival with partner cathedrals Winchester and Salisbury. Over thè course of this year, on behalf of the Diocese the Cathedral hosted confirmation services for 96 candidates, the licensing of two lay Readers. the commissioning of 56 Authori5ed Lay Ministers and the ordination of seven deacons. Special services of Evensong also marked the commissioning of Diocesan Disability Advisers and Anti-slavery Ambassadors. and the investiture of 42 new members of the Order of St Richard. Learning and Discovery Since September 2024 Creative Learning and Discovery has erbgaged with 23 schools and welcomed 1,051 children with 130 staff through school visits and have networked with 60 headteachers in the reEion_ During the Mars installation in October, we curated an all-age prayer tiail called 'A journey under Mars, which engaged children and adults in scripture, thought and prayer exploring the themes of conflict and environmental responsibility- Adding to this the team h3ve reached 804 children, parents and caregivers through family activiries including our sold-out Mars Makers craft workshops in Ortober half term which invited children, and their enthusiastic adults, to build recycled space rockets which were then set off on their mission to the red planet to music and countdown in the Nave under Mars. Our fully booked DRAW950 event in February half-term, which was featured on BBC South Today, offered families the opportunity immerse themselves and illustrate key moments from the Cathedral's rich 950- year journey from its construction in 1108, the completion of the magnificent spire around 1402 land its dramatic collapse in 186111, the turbulent times of Henry Vlll and the Tudors, through to present day. Their drdwings created a living timeline a unique masterpiece that connected the past, present, and future. It was the perfect way to kick-off our family celebrations in 2025. At the end of March we welcomed six local primary schools who form the Goodwood Area School nelmork for an eco-church enrichment day where children were invitecl to explore and encounter nature, learn about our eco church achievements and goals, reflect on how the climate crisis adversely impacts the poor and vulnerable and help us build a new bug cathedral which will be unveiled on Earth Day in April 2025. Page 7

Sustainability & Social Impart 2024-25 saw Chichester Cathedral deepen its commitment to being a socially responsible and environmentally sustainable institution, with bold progress on both ecological stewardship and safeguarding prartice. Environmental Sustsinability In April 2025. Chichester Cathedral was awarded the Gold Eco Church Award by A Rocha UK making it only the fourth cathedral in England and Wales to achieve this recognition. This milestone reflerted long- term systemic changes across operations, worship, education, and community outreach. Key initiatives included: A transition to low-energy lighting within the Cathedral and precincts. Continued push toward to reduce the carbon footprint by 2030. including ongoing assessment of heatirbg systems and energy use. Regular clothing swap events and plastic-free hospitality, reducing landfill waste and engaging visitors with sustainable practices. Expansion of wildlife and biodiversity support within Cathedral grounds, working with volunteers ané local conSe￿ation partners. These efforts part of a broader culture shift embedded in Cathedral governancei procurement, and pastoral priorities. Safeguarding and Social Responslblllty In January 2025, Chichester Cathedral and the wider Diocese were the subject of a safeguarding audit conducted by the INEQE Safeguarding Group. The findings were, in short, a mix of honest critique and strong affirmation: The auditors described the Cathedral's safeguarding Culture as "transparent, thoughthjl, and clearly improving." They praised the leadership team especially clergy and the Diocesan Safeguarding Advisory Panel for showing "a clear sense of direction and moral seriousness." A particular strength was the integrètion of safeguarding into Cathedral life - not just as compliance, but a5 a theological and pastoral imperative. The audit did, however, highlight some systemic 5train'. The safeguarding workload, especially as public engagement and events increased, was outstripping current staffing. The audit recommended that the Cathedral appoint a dedicated Cathedral Safeguarding Adviser ICSOI to advise on strategy, handle casework, deliver training. and support volunteers. In response, the Cathedral Chapter committed to reviewing resources and structure to meet these needs. A working group was tasked with costed proposals for additional safeguarding investment in the 2025~26 budget. Beyond safeguardingy social responsibility efforts extended to: Inclusive public events including the"Mars" installation designed to include free or low-cost, accessible to disabled visrtors, and welcoming acr0$5 ages and backgrounds, alongside the evening events generated much needed income for the cathedral operations. Pa8e 8

A growing focus on interfaith and ecumenical outreach, particularly during the planning for the Chichester 950 commemorations. Volunteer expansion the Cathedral now supports over 250 attive volunteers across worship. visitor services, education. and social action, many of whom received bespoke safeguarding training this year. The Cathedral has now successfully rolled out training in Disability Awareness, Equality, Diversity and Inclusion and De-escalation Training for many of the core volunteer base. Hometech - in 2024 and 2025 the Cathedral continued to host Hometech sessions which aim to include the digitally excluded through accessible one-to-one sessions on technology. Designed for those members of the community who have had limited experience with computers. Smartphones and tablets, the Hometech volunteers offer a safe and accessible environment for members of the public to brin8 troublesome technology and receive friendly guidance and support in a safe space. Alongside the cathedral's own outreach, we have continued to support our charitable partners including 5tonepillow, Chichester Foodbank and Children's Bookfest with public awareness events and services. Awards & Recognition Toijrism event award.. the immersive "Peace Dove5" installation earned a Silver in Tourism Southeast Beautiful South Awards. Tourism impact.. Mars", the floral festival, and theatrical events contributed to sustained visitor engagement. Festival of Flowers alone drew 10,000 people, while Mars attrarted nearly 30,(KK). Summary & Context Chichester Cathedr31 did not just maintain tradition it attively modernised in 2024-25. It repurposed its histarical setting for art installation5, expanded visitor experiences via spire visits and festivals, boosted its musical heritage with major commission5 and fundraising, and solidified its role as a civic institution through sustainability credentials and safeguarding reforms. These events and activities also expanded the Cathedral's cultural reach and further developed meaningful relationships with our community partnerships. Looking ahead into 2025 950th anniversary programming will see enhanced exhibitions. light-and-sound installations, theatrical performances, pilgrimages, and musical celebrdtions rolling throughout the year. Musical legacy secured- Ongoing ffiatch-funding an¢J sponsorship of both adult and junior musicians should boost the endowment trust to secure the Cathedral's storied choir and organ scholarships for future 8enerations. While 2024-25 was a year of growth and renewed energy at Chichester Cathedral, it 3150 brought several challenges that required difficult decisions, creative thinking, and honest reflettion. Risks & Financial Pressures The Cathedral, like many heritage and faith institutions, continues to face significant financial strain. Inflationary pressures, rising utility costs, and the dem3nds of maintaining a complex historic estate have pushed up operational costs considerably. While income from donations, events and the commercial operation is improved, it still fell short of the increased outgoings. The underlying operational deficit remains a seriou5 concern and will need strategic inteNention in 2025-26. Page 9

Infrastrutture and Maintenance Major fabric challenges emerged this year, most ￿0tablY the cathedral heating system. which nece5Sltated an urgent review of long-term heating solutions that are both sustainable and heritage sensitive. For example, significant work was done to secure and conserve sections of old walling. Reactive maintenance dÈmands also increased, often diverting attention and funding away from proactlve conservation and improvement works. Capacity and stsffing The rapid irbcrease in activity from visitor numbers to school programmes to event hosting has stretched current staffing structures. Safeguarding audits made it clear that workloads in several key areas are outstripping existing capatity, particularly in compliance. digital communications, and safeguarding delivery. Volunteers continue to be a major strength, but they too need consistent coordination and support. Balancing Tradition and Innovation As the Cathedral seeks to remain relevant to a broad and diverse audience, the leadership team has continued to navigate the tension between honouring liturgical tradition and experimenting with new forms of worship and engagement. This is not a crisis - but it requires constant discernment and openness, particularly as Society becomes more secular and audiences expect different things from sacred spaces. Financial Review Total incoming resources for the year amounted to £2,818,132 12024 £4,909,717). Income from investments and from Chichester Cathedral Enterprises Limited continued to increase however following the completion of the Cathedral roof project the level of grants received reduced from £1,881,692 to E363.273 and this largely contributed to the overall decrease in income compared with the previous year. Total expenditure amounted to £3,570,69912024 £4,921.26SI. The decrease in overall expenditure is predominately due to a reduction in Cathedral maintenance following the completion of the roof replacement programme. The operating deficit for the year amounted to £752,38712024 £11,548). There was an unrealised loss on investments of £131,692 compared with an unrealised gain of £277,631 in the previous year. The total deficit for the year was £884,079 compared with ? surplus of £266.083 and this has resulted in a reduction in total funds to £35,899,075 from £36,783,154. Chapter recognises that the level of deficit incurred in the current financial year 15 not sustainable over the longer term. As a result it has12unched a five-year financial recovery and sUStaSnability strategy and there is a comfflitment to reducing the operating deficit and rebuilding unrestricted reserves whilst securing mission activities. It will achieve this aim by targeting new areas for income growth both through existing activities and new income streams. Cost controls will be implemented where appropriate and there will be strategies to launch new endowrrient and gtving initiatives. The target operating deficit for 2030 is £377.000. This deficit does not take into accounts exceptional or extraordinary income such as the receipt of legacies which are difficult to budget. It is likely that there will be addition81 and extraordinary income over the five year forecast period as well as potentialty extraordinary items of expenditure. Page 10

The deficits that are expected to be incurred in the next five years can be supported by unrestricted reserves and transfers where appropriate from designated and restricted funds. Plans for the Future Looking ahead to 2025-26, the Cathedral will focus on building sustainability financial, environmental, spiritual and operation31 into every area of its life and work. 950 Celebrations Programming Group, chicheste￿50 Steering Group as well as partners and volunteers. The activity is based round five key objectives including excellent events, collaboration and partnership, building and developing audiences, financial growth and building the worshipping congregation. These events include= Exhibition Religior), Rebellion & Reformation.. An exhibition sharing the story of the Christian faith in Sussex, revealed through people, events and treasures, from 1075 to the present day. The exhibition, which runs to 15 November 2025, features fascinating artefacts from across East and West Sussex. Each object reveals remarkable moments and people from history. Children & Families Our growin£ programme for children, families and schools has grown rapidly over the past year. And we will be kicking celebrations off with Draw950 which will involve transforming the Nave into a canvas of colour. This summer we also welcome Fish950, over 950 fish decorated by Year 6 leavers from across East and West Sussex. We will also a launch a creative writing competition foryoung people, in partnership with Chichester Bookfest, known as Write950. Concerts Together in Unity.. An extraordinary evening celebrating the 60th anniversary of Leonard Bernstein's Chichester Psalms. Originally commissioned for the Southern Cathedrals Festival in 1965, this iconic work was performed by the Cathedral Choir. The concert also features a world premiere by acclaimed composer Joanna Marsh TrinityFest on the Green Thousands will gather on the Cathedral Green in June to enjoy free festivities on the Feast of the Holy Trinity, to which our ancient Cathedral is dedicated. TrinityFest will feature live music, food stalls, and a wide range of activities, art5 and craft5 hosted by local partners and sponsor5 including Henry Adams, Chichester Pride, the Festival of Chichester, The Family Arts Network èhd more. Pilgrimages Pilgrimages and Pilgrim Routes will be launched across the Diocese of Chichester (with a particulai focus on the link with Selsey}, in collaboration with the British Pilgrimage Trust and the Diocese of Chichester. Chichester Cathedral's 950th anniversary mark5 a major milestone in the Cathedral's history, celebrating its foundation in 1075. The celebrations are important because they: Honour nearly a millennium of faith, culture, and community, reflecting the Cathedral's enduring role as place of worship, refuge, and civic identity. Inspire deeper public engagement. inviting locals and visitors alike to explore the Cathedral's heritage, architecture, and contemporary relevance through events, exhibitions, and storytelling. Page 11

SLJPPOrt the Cathedral's mission for the future, boosting visibility and income generation to fund ongoing conservation. outreach, and education work. Strengthen partnerships with the Diocese, local authorities, schools, and arts and tourism sertors, fosterlng Collaboration across the region. Act as a catalyst for renewal, using the anniversary as a moment to reflect, reimagine, and revitalise thecathedral's place in a changing society. InstalSation Luxmuralis.. Rounding off a momentous year of festivities. visitors are invited to experience an immersive light and sound installation by the internationally acclaimed artistic collaboration Luxmuralis. The experience will illuminate the Cathedral's iconic architecture from 24 31 October and will feature thousands of images from our archive, weaving together centuries of history into a stunning display. This unique fundraising event will host thousands of vi51tors across eight evening events. Flnancial Strategy and Resilience The Cathedral Chapter is undertaking a comprehensive review of income and expenditure, aiming to reduce the deficit without compromising core mission. This includes: Reviewing stafFing and governance strurtures to ensure alignment with activity levels. Exploring new income-generating opportunities in retail, venue hire, and 8Ning. Making the case for further support from grant funders, donors, and partnerships. The goal is to create a financially sustainable base that can support mission-led growth rather than firefighting. Investing in People Recogni5ing that people are its greatest resource, the Cathedral will seek to improve staff wellbeing, volunteer experience, and succession planning. Plans include: Introducing dedicated safeguarding and compliance roles to meet audit recommendations. Increasing training for staff and volunteers, especially around accessibility, safeguaréin& and well-being. Reviewing workloads and job specifications to ensure fairness and efficiency across the team. Reimagining the Viswtor Experience With record visitDr numbers in 2024-25, the Cathedral aims to capitalise on this momentum by: Refreshing interpretation in key areas. Rolling out new digital resources, such as a new guidebook and more inclusive signage. Enhancing the shop and welcome experience, guided by visitor feedback and sector insights. Deepening visitor engagement with innovative and accèssible exhibitions and installations and enhanced tour offerings. Page 12

Major Fabric Projerts The Cathedral will begin planning and consultation for a major restoration project ta preserve the historic Bell Tower. This work will be phased over multiple years and pursued alongside other priorities i conservation and access. Spiritual and Cultural Engagement Liturgically and culturally, the Cathedral will continue to explore what It means to be a sacred space for all. Key themes for 2025-26 include: Pilgrimage and journeying, inspired by a growing Inte￿$t in spiritual tourism and walking routes. Creation and climate care, building OTr Eco Church momentum with new events, partnership5 and liturgies. Belonging and hospitality, especially for those on the margins spiritually, socially or economically. In short, the Cathed￿1 is not standing still. While challenge5 remain, so too does the resolve to build something enduring: a sacred space that honours God. serves people, and endures with purpose into the next chapter. Statement of Trustees, Responsibilities The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generalw Accepted Accounting Practice). The Saw applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reportsl Regulations 2ThJ8 and the provisions of the governing document requires the trustees to prepare financial statements for each finantial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statement5, the trustees are required to.. In preparing these financial statements, the tru5tee5 are reouired to= select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent- state whether applicable UK Accounting Standards hove been followed,- prepare the financial statements on the going concern basis The trustees are responsible for keeping proper accounting records which disclose with reasorbable accuracy at any time the financial p051tion of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity IAccounrs and Reports) Regulations 2008 ané the provisions of the governing document. They are also responsible for safe8uardin8 the assets of the charwty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 13

Auditors On 16rh December 2024 the Chichester office of Sheen Stickland merged with Lewis Brownlee Ichichesterl Limited who were appointed auditors to Chichester Cathedral. Lewis Brownlee Ichichesterl Limited will be proposed for reappointment as auditors at the date of signing of these financial statements. Approved by order of the Chapter of Chichester Cathedral on . F4 J signed on its behalf by: i< nd The Very Reverend Dr Edward Dowler- Dean of Chichester Cathedral Page 14

REPORTOFTHE INDEPENDENT AUDITORSTOTHE CHAPTEROFTHE CATHEDRAL CHURCH OF THE HOLYTRINITY CHICHESTER We have audited the financial statements of the Chapter of the Cathedral Church of the Holy Trinity Chichester I'the Chapter.) fortheyearended 31 March 202S which comprise the Consolidated Statement of financial Attivities, the Consolidated and Chapter only balance sheets, the Consolidated C3shflow statement and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards IU nited Kingdom Generally Accepted Accounting Practice) including FRS 102 "The Finarbcial Reporting Standard applicable in the UK and Republic of Ireland". This report is made solely to the Cathedral Chapter, as a body, in accordance with the regulations made under Section 27 ofthe Cathedrals Measure 2021. Our audit work has been undertaken so that we might state to the Chapterthose matters we are required to state to them in an auditors, report and for no other purpose. To the fullest exient permitted by law, we do not accept or assume responsibility to anyone otherthan the Cathedral Chapter as a body, for our audit work, forthi5 report. orforthe opinions we have formed. In our opinion the financial statements; give a true and fairview of the state of the group's and of the Chapter's affairs as zt31 March 2025, of its incoming resources and application of resources for the year then ended- have been properly prepared in accordance with United Kingdom GenerallyAccepted Accounting Practice. and have been prepared in accordance with the requirements of the Accounting and Reporting Regulations for English Anglican Cathedrals, as specified by the Church Commissioners under sectioll 27 of the Cathed￿1 Measures 2021. Basi5 for Opinion We condutted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities forthe audit of the financi31 statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Responsibilitiesof the rnembers of chapterforthefinancialstatements The members of the Chapter are responsible forthe preparation ofthe financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the members Df Chapter are responsible for assessing the group's and the Cathedral's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless they intend to liquidate the group or the Cathedral or to ￿ase operations, or have no realistic alternative butto do so. Page 15

REPORT OF THE INDEPENDENT AUDITORS TO THE CATHEDRAL CHURCH OF THE HOLY TRINITY CHICHESTER (Continued) Auditor's responsibilities forthe audit of the financial statements Our objectives are to obtain reasonable assurance about whetherthe financial ststements as a whole are free from material misststement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the ISA'5 IUKI will always detect a material misstatemernt when it exists. Misststements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users tzken on the basis of these financial ststements. Irregularities, including fraud, are instsnces of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect m8teri21 misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is listed below- Enquiry of management, those charged with governance and the entity's solicitors around actual and potential litigation and claims. Auditing the risk of management override of controls including through testing journal entries and other adjustments for appropri3teness, and evaluating the business rationale of significant transartions outside the norm31 course of business. A description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. ¥'L4111, This description forms part of our auditor's report. Conclusion relating to going concern In auditingthe financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based or) the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial ststements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respert to going concern are described in the relevant sections of this report. Other information The members of Chapter are responsible forthe other information. The other information comprises the information included in the Annual Report of the Chapter. Our opinion on the financial statements does not cover the other information and, eX￿pt to the extent othenNise explicitly slated in our report, we do not express any form of assurance conclusion thereon. Pag¢ 16

REPORT OF THE INDEPENDENT AUDITORS TO THE CHAPTER OF THE CATHEDRAL CHURCH OF THE HOLYTRINITY CHICHESTER (Continued) In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misststed. If we identify such material inconsistences or apparent material misstatements, we are required to determine whetherthere is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude thatthere is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matter on which we are required to report by exception WÈ have nothing to report in respett of the following matters in relation to which we report to you if, in our opinion: sufficient accounting records have not been kept by the Cathedral- or the Cathedral's financial statements are not in agreement with the accounting records and returns. or we have not received all the information and explanations we require for our audit. LEWIS BROWNLEE (CHICHESTER) LIMITED CHARTERED ACCOUNTANTS REGISTERED AUDITORS APPLEDRAM BARNS BIRDHAM ROAD CHICHESTER WEST SUSSEX P020 7EQ Dated Page 17

CWICHE5TER CATHEDRAL CONSOLIDATED STATEMENT OF FINANCIALACTIVITIE5 FOR THE YEAR ENDED 31ST MARCH 2025 Unrestricted Funds Designated Fun¢5 Re5trictÈd Fund5 Endowment Funds Tot31 Funds 31-Mar- ftjotes INCOME AND ENDOWMENTS FROIW.. lil Don3tlOn5 and legacies 496,740 69,620 153,848 642,274 910,803 1,627 5,OS3 133,968 375,563 635,761 445,Ig3 153,848 642.274 939,619 1.627 Iv) Investments lyil other intome 2,332 3,826 22,658 Total Income 2,274.912 7,385 S13357 22,658 2,818,312 EXPENDITURE ON: lil R3i5ing Funds 746.368 74D,368 Charitable activities-. lill Ministry, iftcluding worship and music liiil Cathedral and precincts tspkeèp livl VI￿tors, Education and extern?1 hire Iv) QthÈr expenditure 867,295 655,817 20.467 691,591 183.146 134,218 19.250 42,654 1.050.44L 907.535 39,747 826,608 117.500 30 92,146 217 To£81 Expenditure 2,981,538 209.676 379,268 217 3.570,699 NET IOUTGOINGIIINCOMING RESOVRCES 1706.6261 1202,291 134,089 22,441 1752,3871 Gros9 transfers betr*en fvnds 17-20 602.052 196.6151 1482.9141 122,5231 Èt income/lexpendTtuTEI before gaiD5 & losse5 1104,5741 1298,9Q61 1348,8Z51 1821 1752,38/1 Net gainslllosse51 on property inve5tmenfs Net £ainslllossesl on investments 579 1131.692 Net m¢)vement in funds 1196,1531 l?S7,41%1 1354.6181 135,8951 1884,0791 R@conllli?tion on funds.. Total fund5 broughtforward 10,875,110 1,736,760 3,443,121 20,728,163 36.783.154 iotal funds Carried fomtrc 10,578.957 1,439,347 3.088,503 20,692,268 35.89S.075 PagE 18

CHICHESTER CATHEDRAL CONSOLIDATED BA￿NcE SHEEr FOR THE YEAR ENDED 31ST MARCH 2025 Unrestritted Funds Deslgnated Funds Restricted Funds Endowment Funds Total Funds 31-Mar-25 Notes Fixed Assets Investment assets Property Invèstments 8,893.233 2,034,802 10.928,035 2,500,000 128,724 2,628,724 10,500,267 795,730 11,295,997 21,893,500 2,959,256 2Q 852.756 N04n investment assets Property Equipment and plant 750.000 9,315.000 10,065.000 750.OOC> 9,315,000 10,06),000 rgÈ31 fixed assets 11.678.035 2,628,724 20,610,997 34,917,7>6 Curient assets Stocks Debtor5 Cash at bank and in hand 29,632 315,713 768,713 1,114.058 29.632 2,045,548 1,119,913 3.195,093 1,392,592 46,767 1,439,359 308.556 251,849 560,405 28,687 52,584 81,271 Liabilities due within one yèar Loans and bank overdraft Crcditors io 116,8391 11,891,824) 11,908,661) 116,8391 11,992,4621 12,009,3011 1100,6261 1100,6261 hJe-. CLTrrent 35sets 1794,6051 10,883,430 IA39,347 459,779 81.271 1.185,792 To*31 assèts less currènt liabilitles 1,439.347 3,088,503 20,692,268 36,103,548 Liabilities due aftèr one year Loans and bank overdraft io 1204,4731 1204,4731 1204,4731 1204,4731 Net assets 10,678,957 1,439,347 3,088,503 20.692,268 35,899,075 Fund5 Unrestricted Designated Restrscted Endowment 17 18 19 20 10,678,957 10,678.957 1,439,347 3,088,503 20,692,268 35,899.075 1,439,347 3,088.503 20,69?.268 Tot'al Funds 10,678,957 1,439,347 3.088.503 20.692,268 The financial statements were approved by the Chapter on July 2025 bv .The Very Reverend Dr Edward Dowler- Dean Reverend Vanessa Baron- Trèasurer Page 19

cHICHE￿ER CATHEDRAL CHAPTER ONLY 8ALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2025 Unrestricted Funds Designated Funds Re51rltted Funds Endowment Funds Totsl Funds 31.Mèr-25 Note5 Fixed Assets Inye5tment assets Property Investments 8,893,233 2,034,804 10,928,037 2,500,000 L28,724 2,628,724 10,500,267 795.730 11,295,997 21,893,500 2.959,258 24,852.758 on investment È55ets Property 750.000 750,000 9,315,000 9.315,000 10,065,000 10.065,OQO Toial fixed assets 11,678,037 2.628.724 20.610,997 34.917,758 Current È55ets Debtors Cash at bank and in hènd 446,988 510,989 957,977 1,392,592 46,767 1,439,359 308,556 251,849 560,405 28,687 52,584 81,271 2,176,823 862.189 3,039,012 Liabilities due WTihin one year Loans and bank tsverdraft Creditors io 116,8391 11,828,6L81 11,845,457) IL6,8391 11,929,256) 11,946,095> 1121 1100,6261 1100,6261 Nel current aS5et5 1887,4801 1.439,347 459,779 81,271 1,092,917 Total a$5ets less oJrrÈnt liabilities 10,790.557 1,439.347 3.088.503 20.692.268 36.010,67> Lièbilities due after ane year Loans and bank oV￿rd￿3ft io 1204,4731 1204,4731 1204,473 1204,4731 Net 8SSÈts lo￿86.084 1,439.347 3￿88.503 20,692.268 35.806.202 Fur.ds Unrestrlcted Designatèd R￿tricted Endowment 17 10,586,084 10,586,084 1,439,347 3,088,503 20,692,26 1,439,347 19 20 3,088,503 20,692,268 10,586,084 1,439,347 3,088,505 20,69Z.Z68 35,806.2Q2 Thè financial ststements were approved bythe Chapter on July 2025 by e Very Reverend Dr Edward Dowler- Dean Reverend V4nes5a 83ron- Treasurer Pagp2

CHICHESTER CATHEDRAL CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 Year to 31-Mar-25 Year to 31-I¥Aar-24 Note Cash flows from operatlng artivitie5: Net cash provided by / lused inl operating activities 11,568,055) 386,069 Cash flow5 from investing activities". Purchase of fixed asset investments Sale of fixed asset investments Rentals received Dividends received Interest received 1750,0001 84,647 821,602 85,445 32,572 766,836 81,785 10,632 Net cash provided by / lusÈd inl investing activities 1,024,266 109,253 Cash flows from financing attivities: Loan repayments in year 113,0091 112,2611 Net cash provided by / (used inl financing activities 113,0091 112.2611 Change in cash and cash eouivalents in the reporting period 1556,7981 483,061 Cash and cash equivalents at the beginning of the reporting period 1.676,711 1,193,650 Cash and cash equivalents at the end of the reportin8 period 1,119,913 1,676,711 P3ge 21

CHICHESTER CATHEDRAL NOTES TO CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 l. Reconciliation of Net Incoming / (Outgoing) Resources to Net Cash Inflow from Operating Activities 31-Mar-25 31-Mar-24 Net ir)come / lexpenditurel for the reporting period 1752,3871 240,241 Adjustments for.. Depreciation charges Actuarial losses Rentals received Dividends received Interest received Ilncrèaselldecrease in stocks Ilncreasel / decrease in debtors Increase I Idecreasel in creditors Net cash outflow from operating activities 5,397 8,194 1821,6021 185,4451 132,5721 2,068 187,729 171,2431 11,568,055) 1766,8361 181,7851 110,6321 15,8551 1530.5931 1,533,33A 386,069 Analysis of cash and cash equivalents 31-Mar-25 31-Mar-24 Cash at bank and in hand 1,119,913 1,676,71i Total cash and cash equivalents 1,119,913 1,676,711 Page 22

CHICHESTER CATHEDRAL ANNUAL REPORT ANDAUDITED ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2025 ST ACCOUNTING POLICIES BASIS OF PREPARATION The Cathedral constitutes a public benefit entity as defined by FRS 102. The accounts have been prepared in accordance with the Accounting and Reporting Regulations for English Anglican Cathedra15 Issued in December 2021 hy the Cathedral Administration and Finance Association and the Charities SORP IFRS 1021 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102} (effective l January 2019 and the Charities Art 2011. GOING CONCERN Chapter consider that there is 3 reasonable expectation that the Cathedral has and will continue to have adequate resources to operate for the fvre5eeable future. Given the actions taken and the production of a five year strategic plan together with forecasts that show adequate resources are available to meet the budgeted deficits the accounts have been prepared on 3 going concern basis. BASIS OF CONSOLIDATION The consolidated financial statements comprise those of the Chapter and of its wholly owned subsidiary company Chichester Cathedral Enterprises Limited. INCOME All incoming resources are included in the Statement of Financial Activities ISOFAI when the Cathedr21 is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received. For donations, legacies and grants to be recognised the Cathedral will have been notified of the amounts and the Settlement date in writing. If there are conditions attached to the income and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the Cathedral and it 15 probable that they will be fulfilled. Investment income is recognised on a receivable basis. RESOURCES EXPENDED All expenditure is accounted for on an accrua15 basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlemènt will be rèquired and the amount of the obligation can be measured reliably. THE CATHEDRAL. ITS ANCILLARY BUILDINGS AND THE INVENTORY In accordance with the Guidelines on English Anglican Cathedr31 Accounts, no value is attributed in the balance sheet to the Cathedral and its ancillary buildings as it is an inalienable and historic building for which no reliable cost information or conventional valuation basis is available. No value is attributed to items included in the Cathedral inventory which comprises items of architectural, archaeological, artistic or historic interest. PagE 23

CHICHESTER CATHEDRAL ANNUAL REPORT AND AUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES (Continued) EQUIPMENT AND PLANT chapter- In accordance with the Accounting and Reporting Regulation for English Anglican Cathedrals plant, machinery, office equipment, furniture and fittings and computer equipment are written off on acquisition. Chichester Cathedral Enterprise5 Lirnited: Assets with an initi31 cost price which exceeds £500 are capitalised and depreciation is provided to write down the cost of all tangible fixed assets by equal annual instalments over their expected useful economic lives. The rates generally applicable are: Furniture and equipment Fittings in premises Computer equipment IO% and 20% on cost IO% on cost 25% on c05t INVESTMENT PROPERTY Investment properties are initially measured at cost and subsequently are included at fair value of the freehold and lease investments. The non-investment properties are included at a nominal value. LISTED INVESTMENTS Investment5 are included in the financial statements as follows= la} Investments are shown at their fair value on 31st March 2025. {bl Realised gains and losses are calculated as the difference between their market value on the date of disposal and their market value on the previous balance sheet date. STOCKS Shop stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. VALUE ADDED TAX A group registration for the Chapter and Chichester Cathedral Enterprises Ltd is in operation. Irrecoverable VAT is included in the cost of the items reported in the financial statement5. CONTRIBUTIONS TO PENSION SCHEMES The pension costs charged to the accounts represent the amount of the contributions paid to both the Defined Benefit and Pension Builders Schemes in respect of the accounting period. FUNDS The financial statements include the following funds: Endowment funds- those where there is no power to spend the capital Restrirted funds- those where there are specific conditions attached to the expenditure of either capital or income or both Designated funds - where Chapter ha5 committed to allocate specific funds for the benefit of discrete projett. Unrestricted funds - those where both capital ar)d income may be spent at the dlscretlon of the Chapter. Ibl Icl P88e 24

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARI￿ 2025 I INCOME AND ENDOWMENTS FROM- UnregKriCted Funds Designated Funds Restricted Funds Endowment Funds Totsi Tot21 Fund5 Funds 31.Maf-25 31-TrAar-24 lil Donations and lÈg3Cies Congresational collèctions and 8iYing Donations Tax rÈcovernble under Gift Aid On voluntrry don3tions Other Legacies 161,106 266,913 11.574 $7.147 161,106 28?.811 11,953 57.147 117,744 635,761 157,084 247,760 6.737 20,898 379 5,053 5,053 112,691 J33,968 833,441 1,284,817 496.740 Iril Grants in SUPPDrt of mission Church Commissioners Chichester Cathedral Re5toTrtion & DevelopmÈntTrust Chichester C3thedral Friends Other rÈvonue and caprtal £rants 69,620 101,514 107,866 20,000 146.183 375,563 171,134 107.866 20,000 146,181 445,183 2L5.854 1.619.078 24.621 112,500 2,002,053 69,620 riiil Charges and fees arisittg tn the couise of mission Sacility2nd otherfe livl Ttsding and fund￿l￿ng aLtNities Gross income of shop, holiday lets and hotel Iv) Investments Income from investrnent property IncomÈ from other invesknents Inteiest receivable on short t2rm deposits 153,848 153,8A8 169,382 642,274 642.274 590,910 821,602 57,595 31.606 910.803 821,602 85.445 32.572 939.619 766,836 81,785 10,632 859.253 1,684 648 2,332 2,643 183 3,826 22,523 135 22,658 Ivil Other income Insurancc rtcoverles L,627 1.627 3.302 Z.274,912 7.385 513,357 2Z,658 2.818,512 4,909,717 Thè Chvrch Commi55ioners gr3nt consists Df £101,514 12024.. £147,363) for stipend5 of the f￿an and two canons and £40,313 12024.- f38.517I as iontributlon to admini5trÈtion cost5. Page

CHICHESTER C4THEDRAL NQTES TO THE Accouwrs FO4 THE YEAR ENDED 31ST MARCH 2025 2 EXPENDITURE ON= UnrestTlCteo' Designated f und5 Furtds Restricted Fndowment Funds T￿81 Funds Funds 31-Mar-25 31-b&lar-24 lil Rais4ng fvnds 403.648 222,805 119,915 746,368 Gross costs of shop, accomodation & venues InvÈstmenr property Costs 403,648 222.805 119,915 746,368 295,114 208,025 117.252 620,391 lill MinisEry, including worship and rnusic Clergy stipends and verger costs CleTgy operating costs Clergy housing costs Clergy support costs Servlcw, music and congregational costs 313,376 60,116 26,282 707 466,814 867,295 101,514 414,890 60,116 26,282 707 5d8,446 1.050.441 422,S50 65,486 21,162 3.955 600,410 1,113.863 81,632 IS3,146 lili! Cathedral and preeincts upkeep Major repairs and restotstio Maintenance and interior upkeep Precincts, securitv and gardens upkeep 130,894 499,095 25,828 655,817 117,500 134,218 382,612 499,095 25,828 907.535 1,875,904 428.471 33,OSO 2,337,455 117,500 134,218 livl Wisitors.education and exetem31 hirp Educational attivities Archives and library Charitable and othergiving 19,391 826 250 20,467 19,250 38,641 826 280 39,747 57,712 277 351 S8,340 30 30 19.250 Iv) Other expendlture InterÉst and similar charges payable Supptsrt costs Administration and finance Marketing and communicatlon InformatlDn technolo 18,928 18.928 18,322 571,816 48,511 92,146 217 664.179 48,511 94.990 826,608 420,864 39,173 61,067 53S.426 42,654 42,654 691,591 92.146 217 2,981538 209.676 379,268 217 3,570,699 4.6E9,475 Tot31 support Costs amounted to £1,818,926 and hive been allocated to the vèrious Cost centres on a line by line basis via cost centre allocation ès follows. Cost of Charitable ralsing funds acttvities Support Costs 31-M8r-25 Salarie5, ffinance, IT and HR costs Other premises costs Staff training costs Goverance costs 307,950 279 496 5,097 313.822 1,185,948 229,384 35,416 54,356 1,505,104 1,493.898 229,663 35,912 59.453 1.818,9Z6 Page 26

CHICHESTER CATHEDRAL NOTE5 TO THE ACCOUNTS FORTHE YEAR ENDED31ST MARCH 2025 3 Investment property Unrestrirted Funds Restricted Funds Endowment Funds Total Funds Consolidatèd and Chapttr Freehold At valuation l April 2024 At valuation 31 M3rch 2025 7,854,733 7.854,733 2,500,000 10,500,267 2,500,000 10,500,267 20,855,000 20,855,000 Lohg leasehold At V31uation 31 March 2025 1,038,500 1,038,500 At 31 March 2025 8,893,233 2,500,O0C> 10,500,267 21.893,500 At 31st March 2024 8,893,233 2.500,000 10.500,267 21.893,￿0 The invesirnent properties were revalued on 31 March 2023 by Flud& CDmmericial Charterèd Suroeyors. The basis of the v31uation was market vèlue and on the basis of willing buyer and willing seller having regard to any special circum5tinces. As part of the revaluation process. Chapter reviewed the allocation ol properties and reclassified them in accordance with their use. rhere are no investment properties held in designated funds. 4 Listed investments Consolidated Unrestricted Funds Oesignaied Funds Restricted Funds Endowrnent Fund5 Tot21 Investments at market value l April 2024 Di5POS315 Net Idecre8s&l/incre35e on revaluBtIDn Investments at market value 31 March 2025 2,126,381 83.154 134,517 831,543 3,175,595 183,IS41 1133,1851 2.939,256 191,5791 2,034,802 15,7931 128,724 135,8131 795,730 At 31st Marcn 2025 2,034.802 128,724 795.730 2.959.256 At 31st March 2024 2.126.381 83,154 lo?4.517 851,543 3,17>,595 Chapter lrtvestments at market value l April 2024 Disposals Net Idecre3sel/increase on rev31uation InvestmeTrts at markèt value 31 M3Tch 2025 Investment in subsidiary At l April 2024 and Bl March 2025 Total At 31st March 2025 2,125,381 83,154 134,517 831,543 3,175,595 183,1541 113>.1851 2,959,256 191,5791 2,034￿02 15,7931 128,724 135,8131 795,730 2,034,804 128,724 795.730 2,95¢J,258 At 31st M3r¢h 2024 2.126,383 83.154 134.517 831.543 3,175.5a7 PaEe 27

CHICHESTER CATHEDRAL NOTESTO THEACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 5 Non Investment Property Unrestrictèd Funds Endowment Funds Total Funds Consolidated and Chapter At l April 2024 At 31 March 2025 750,000 750,000 9,315,000 9,31S,000 10,065.000 10,065,000 All nc)n investment properties are freehold. There are no non investment properties hèld in designated or restricted funds. 6 Equipment and plant Unrestricted Funds Total Funds 31-Mar-25 Total Funds 31-Mar-24 Consolidated Cost 1st April 2024 Cost 315t March 2025 46,149 46,149 46,149 46,149 46,149 46,149 DepreciatlDn 1st April 2024 Depreciation fDr year Depreciation at 31st March 2025 40.752 5,397 46.149 40,752 5,397 46,149 32,558 8,194 40,752 Net book value at 31st March 2025 5.397 All equipment and p5ant is helcf in the trading subsidiary. Chichester Cathedral Enterprises Ltd. 7 Stocks Unrestricted Funds Total Funds 31.Mar-25 Total Funds 31-Mar-24 Con501idated Goods for res31 29,632 29.632 29.632 29,632 31.700 31.700 All stocks are held by the trading subsidiary. Page 28

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31gr ￿ARCH 2025 Unrèstritted Funds Designated Funds Re5tritted Funds Endowment Funds Totsl Total Funds FuJd5 31-Mar-25 31-Mar-24 8 Debtoys CoTrsolid3ted Trade debtors Prepaymernts Other debtors 48,048 204,606 63,059 315,713 48,048 220.924 28,687 1,776,£76 28.687 2.045,548 60,616 18i,328 1,987,333 2,233,277 16,318 292.238 308,556 1,392.592 1,392,592 Chapter Trade debtors Prepayments Amounts due from related undertakiné Other debtors 34,906 200,746 160,467 50,869 446.988 34,906 217,0¥4 160.467 28,687 1,754,386 28,687 2.176,823 54,286 182,472 149,195 1.972,066 2.358,019 16,318 1,392.592 1,392.592 292,238 308.556 9 Creditors Con501idated Trade creditors Accruals Other creditors 115,911 84,054 1,691,859 1,891,824 2,113,136 J15,911 84,054 1,792,497 1.992,462 2,Z13.774 70,971 69,697 1,923,037 2,06? .705 2.298,026 12 12 12 l(X),626 100,626 100,626 Shown as:_ Liabilities due within onè year Creditor5 Llabilities due after one year 1,891.824 204.473 2,113.136 12 100.626 1,992,462 204,473 2,213,774 2.063,705 217,872 2.298.026 12 100.626 Chapter I rade creditor5 Accruals Other creditors Tèx and social security 94,320 69.518 1,664.780 94,320 69,518 1,755,418 56,055 12 100,626 1,905,441 1,828,618 12 100,626 1,929.256 2,026,293 8ank1ts8n (note 101 221,312 2,04E9,930 221,312 2.150,568 234,321 2,260,6=,4 100.626 Shown as-.- Liabilities due within one year Loans and bank overdraft Creditors Liabilities due after one year 16,839 1.828,618 204,473 2,049.930 16,839 1,929,256 204,473 2.150,568 16,449 2,026,293 217,872 2,260,614 12 lQ)0,626 Iz 100,626 Page 29

CHICHESTER CATHEDRAL NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 10 Borrowings Natwest Mortgage Loan A r350,000 loan was entered into by Chapter during the 2019 year in connertion with the purchasè of the remaining 42.2Yo of the freehold interest in 49 West Street, Chichester. The loan is due to bè repaid in equal monthly instalments over 20 years at an interest rate of 2.45% over base rate per annum and is secured on the property. At 3tst March 2025 the outstanding loan was £221,31212024: £234,321) which is repayable as follows:_ Total Total Funds Fund5 31-Mar-25 31-Mar-24 Within one year Between one and two years Batween two and five years Over five year5 16,839 17.344 55,215 131,914 221.312 16,449 16,9412 53,936 146,994 234.321 The trading company ha5 no third party borrowings. I I Investment in subsidiary Chichèster Cathedral Enterprises Limited is 3 wholly owned subsidiary, trading as a provider of holiday accommodation and 8ift shop. The investment in this Company has been consolidated in these accounts on a line by line basis. A profit amounting to £159,445 arose during thè yÈar12024= Profit £166,6491. Chichester Cathedral Enterprises Limited Balance Sheet 31-Mar-2025 31-Mar-2024 Fixed 35sets 5,398 Current assets Stock Debtor5 29,632 29,192 257.722 316,546 1223,6731 31,700 24,453 218,953 275,106 1186,6091 Cash at bankand in hand Creditors= amounts falling dLJe within one year Net current assets 92,873 88,497 92.873 93,895 Financed by'.- Share capital Profit and loss account 92,871 93,893 92,873 93,895 Page 30

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 l? Related entities Chichester Cathedral Friends and Chichester Cathedral Re>(oration & Development Trust are related entities by virtue of common Trustees. They are separate charities with separate objectives and are not Ljnder the control of Chapter and do not form part of the consolidated financial statements. In the year ending 31st March 2023 £2,000,000 was moved from the Chichester Cathedr31 Chor31 Foundation Restricted Fund to the Chichester Cathedra5 Platinum Endowment Fund as seed funding for a new endowment fund for music. The Chichester Cathedral Restoration & Develpment Trust is the corporate trustee of the Chichester Cathedr31 Platinum Endowment Trust for Music and administers the fund. 13 Auditors, remuneration 31-Mar.25 31-Mar-24 The total remuneration of Lewis Brownlee Ichichestèrl Limited12024 Sheen Sticklandl was as follows.. Audit services The Chapter of Chichester Cathedral Chichester Cathedral Enterprises Limited 14,400 6,000 20,400 13,820 5,300 19,120 Page 31

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 14 Employees 31 Mar 2025 31 Mar 2024 Staff costs dvring the year were as follows'.- Wages and salaries Social security costs Other pension costs 1,117,137 102,349 66.807 1,286,293 1,018,101 92,722 59,707 1.170,530 Employees earning over £60,000 and less than £70,000 per annum 31-Mar-25 31-MaT-24 The average number of employees during the year was as follow5-_ Clergy Administration LiturEV and music Maintenance Vergers Visitors services 16 12 io 42 Total remuneration received by members of the Chapter during the year amounted to £129,09012024.. £169,424). Key management personnel is considered to be the Role of Communar and Chief Financial Officer. Total remuneration received by key management personnel during the year amounted to £79,12612024'. £71,8881. Volunteers 327 volunteers offer time and talents to the Cathedral in numerous capacities in varying degrees. Page 32

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 15 Pensions Clergy pensions are the liability of the Church Commissioner5 who pay contributions to the Chvrch of England Funded Pensions Scheme. The Chapter of Chichester Cathedr31 partlClP3tes in the Pension Builder Scheme of Church Workers Pension Fund ICWPFI for lay staff. CWPF is administered by the Church of England Pensions Board, which holds CWPF assets seperately from those of the Cathedral and other participating employers. CWPF has two sections.. l. the Defined Benefit Scheme 2 the Pension Builder Scheme, which has two subsections; a. a deferred annunity section known as Pension Builder Classic, and a cash balance section known a5 Pension Builder 2014. Pension Builder Stheme Both sections of the Pension Builder Scheme are classed as defined benefit schemes. Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annunity during employment based on terms set and reviewed by the Church of England Pension Board from titme to time. Discretionary increases may also be added, depending on investment returns and other factors. Pension Bullder2014 is a cash balance scheme that provides a lump which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable. unreduced from age 65. There is no sub-dividion of assets between employers in each settion of the Pension Builder Scheme. The scheme is considered to be a rnulti-employer scheme as described in Section 28 of FRS102. This is because it is not possible to attribute the Pension Builder Scheme's assets and liabilties to specific employers and means that contributions are accounted for as if the Scheme wère 3 defined corbtrihution scheme. The pension costs charged to the Statement of Financial Activities in the year are the contributions payable12025.. £66,807, 2024.. £58.8021. A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was arried out as 31 December 2022. The next valuation is due as 3t 31 December 2025. For the Pension Builder C13s5ic section, the valuation revealed a deficit of £4.8m on the onEoing assunptions used. At the most recent annual review, the Board chose to grant a discretionary bonus of 10.lts/o following improvements in the funding p051tion over 2022. There is no requirement for deficit payment5 at the current time. Page 33

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 15 Pensions {Continued} For the Pension BJilder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirèment for deficit payments at the current time. As there are no requirements for any payments into either the Pension Builder Classic or the Pensio 8uilder 2014 sections, all liabilities under the scheme have been written back dLJring the year. The legal structure of the scheme is such that if another employer fai15, the Chapter of Chichester Cathedral coul(J become responsible for paying a share of the failed employer's pension liabilities. 16 Expense5 of members of the Chapter During the yèar 5 members12024.' 91 of Chapter had expenses reimbursed by the Chapter of Chichester Cathedral. The amount reimbursed W¢S £2.34412024 £16,770). 17 Unrestricted funds Consolidated At Net surplusl 1st April Ideficitl 2024 for th& year 31st March 2025 Transfers Gener31 revenues 10,875.110 1798,2051 602,052 10,678,957 Chapter At Net surplus/ 1st April Ideficitl 2024 for the year 31st March 202 Transfers General revenues 10,781,216 1797,1841 602,052 10,586,084 Page 34

CHICHESTER C4THEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 315r MARCH 2025 18 Designated fund5 Consolidated and Chapter At 1st April 2024 Net surplus/ Ideficitl for the year 315t Mk arc 2025 Transfers Hardship fund Legacy fuftd Library fund Fabric stJStainability fund Property maTntenance fund 5,541 405.665 132,379 1,117,500 75,675 1,736,760 14231 5,053 185,6231 1119,8051 5,118 234,79> 4D,756 997,695 154,983 1,449,347 1175.9231 79,308 196,6151 1200.7981 Consolidated and Chapter At 1st April 2023 Net surplus/ IdeTi¢ltl forthe year At 31st Marc 2024 Trnnsfers Hardship fund Legacy fund Library fund Fabrit sustainabllity fund Property maintenance fund 6,865 928,200 126,574 11,3241 773,877 5,805 ,541 405,665 13? 379 1.117,500 75,675 11,296,412] 1,117,500 75.675 Oescyiption of Funds Harijship tunrt- 3 response to the increased cost ot livlng. Lay statl can contiaentially apply to the tund tor a maximum ot £5VQ> to cover one off payments. Legacy fund- unrestricted legacies are allocated to this fund so Chapter can ctsnsider whether to allocate money for a spec",fic purpose of retain it within this fund. Each yéar the average arnount received after transfer5 over the pa51 flve year5 is passed bèck to the general unrestricted fund. The library fund- set aside for improvements to the library such a5 the new lighting scheme. Fabric sustsinability fund- further sub divisions as this fund 1% used for substantial works an4J sustainability projÈcts across the Cathedral and est3te. Property maintenance fund- distinrtly different from the f8bric sustèin3bility fund in that it 15 specifically for cycli¢al maintenance of the commercial and residential properties. The fund collates IOQA of all revenue5 from these investmènt properties. Thè èarliest drawdown on this fundls 1st April 2025. Page 35

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 19 Restrirted funds Consolidated and Chapter Net surplus/ Ideficitl for the year 1st April 2024 31st M3rch 2025 Transfers Choral Foundation Fund Chichester CathedTrl R&D Trust George Bell House Chichester C3thedrnl Friends Oliver Whitby FoLJndation Training Bell Fund Scorrer Music Fund for Education Art ofworship 780,210 70,285 2,547,800 2,032 10,106 4,643 21,085 6,960 3,443,121 110,519 32,079 13661 18,747 11.3421 13,2961 121,0851 16,9601 128,296 1435,4801 455,249 102.364 2,500,￿0 20,779 8,764 1,347 147,4341 1482,9141 3,088,503 Consolidated and Chapter Net surplus/ (deficit) for the year At 31st March 2024 1st Aprll 2023 Transfers Choral Foundation Fund Chichester Cathedral R&D Trust George Bell House Chichester Cathedr31 Friends Oliver Whitby Foundation Training Bell Fund Scorrer Music Fund for Education Art of Worship 737,089 288,991 2,557.128 18711 9,129 169,184 1218,7061 19.3281 2,903 977 4,643 21,085 14,2141 133,4561 1126,0631 780,210 70,285 2,547,800 2,032 10,106 4,643 21,085 6,960 3,443,121 11,174 3,602,640 1126,0631 Description of funds Chichester Cathedral Choral Foundation Fund ICCCFI set up to funcl the choral and music tradition at the Cathedral including bursaries, scholarships and prizes. This fund will be run down over the nexr two years, by which time income from the chiEhester Cathedral Platinum Endowment Trust for Music will generate erbough inocme to support music in the future. Chichester Cathedral Restoration and Development Trust provides grants for the fabric of the Cathedral. George Bell House - for the maintenance and primary use of the house. Chichester Cathedral Friends- supports small projects connected with worship and ministry, and specific projects reloted to the Choir. Page 36

CHICHESTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Oliver Whitby Foundation - provides grants to cover the school fees for choristers. Training Bell Fund - rai<ed by the bell ringers to cover the cost of a new training bell in the Bell Toward. Scorrer Music Fund for Education - passed across to the Cathedral from the Chichester Diocesan Fund and Board of Finance as it was for muscial education in the diocese for which it is not involved directly. The fund would be able to be used for organ scolar costs or chorisier music costs at the Cathedral. Art of Worship- ongoing income and expenditure asspciated with the Chichester Workshop for Liturgical Art, currently based in South Harting. 20 Endowment Funds Consolidated and Ch3Pter Net surplus/ Ideficitl for the year 1st April 2024 31st March Transfe Prebend Funds Endowment Fund Music Erdowment Funds Endowed Prebend Stalls 2,753,584 17,081.975 874,480 18,124 20,728,163 191 2,753,57 17,081,975 838,594 18,124 20,692,268 113,3631 122,5231 113,3721 122,5231 Consolidated and Chapter At 1st April 2023 Net surplus/ Ideficitl for the year At 31st March 2024] Transfers Prebend Funds Endowment Fund Music Endowment Fund5 Endowed Prebend Stalls 2,753,598 17,081,981 805,017 18,124 20.658,720 1141 161 91,543 2,753,584 17,081,975 874,480 18,12a 20,728,163 122,0801 91,523 122,0801 Page 37

CHICHESTER CATHEDRAL APPENDIX I- PRIOR YEAR CONSOLIDATED STATEMEPff OF FINANCIALAcfivtriE5 FOR THE YEAR ENDED 31¥r MARCH 20Z4 Unrestricted Fund5 )esi8nated Funds R¢stricted Funds Endowment Funds Total Funds 31-Ma",-24 Jllot¢s INCOiIrtE AND ENDOWMEKfs FROM: lil Don3tions and legacies lill Grants receivable 439,455 120,361 169,382 590,910 850,648 3,302 773.877 71,485 L.881,692 1,284.817 2.00),053 160 382 590.910 859.253 3,302 Ivl InvestrDents Ivil Other income 2,668 3,733 22,204 i Income 2,154,058 776,545 1,956,910 22,21YI 4,909,717 EXPENDITURE ON: lil Raising Funds 746,268 746,368 lill Ministry, includingwor5hip and musl liii,, Cathedral and precincts upkeep livl Visitor5, Education and extemal hire lvl Other expenditure 867,29S 655,217 37,399 S22,086 183,146 1.745.143 20.911 12,014 1,050,441 2,400.960 58.340 539,426 30 s.ilo 216 Total Expenditure 2.828,965 5,140 1.961,214 216 4,795.S35 NET IOUT605NGIJINCOMING RESOURCES 1674.9071 771,405 14.3041 21,988 114,182 Gross transfers between funds 17-20 151.380 [103.2371 1126,0631 122,0801 Met incomellexpendsturel E)efore gains & loss2s Net gains/llosse51 on properry investments Net Rains/l10$5e51 on investments I4￿,527) 668,168 1120,3671 1921 114,182 189 894 277 631 Net movement in fund5 1213,6331 675.121 1119,1181 69.443 391,813 Reconciliation on funds.. Total funds brought fomard la5 8dlu*tÈdl 10,942,282 1,06L.639 3,602,640 20.658,720 36.265,281 T(ptsl éunds carried 6orward 10,708,6A9 1,736,760 3,483,522 20.7Z8,163 36,657,094 Pa8e 38

CHICHESTER CATHEDRAL APPENDIX 2- PRIOR YEAR CONSOLIDATED BALANCE SHE FOR THEYEAR ENOED 315T MARCH 2024 Unrestrirted Designated Funds Funds Restricted Endowment Funds Funds Total Funds 31-Mar-241 Notes Fixed Assets Investment assets Property Investments 8,893,233 2,126,381 11,019,614 2,500,000 134,517 2,634,517 10,500,267 831,543 11,331,810 21,893,5C 3,175,595 25,.)69,005 83,154 83,154 Non investment assets Property Equipment and plènt 750,000 5,397 755,397 9,315.000 10,065,000 5,397 10.070,3tt7 0 315,000 Totsl fixed assets 11.775.011 83,154 2.634,517 20,646,810 35,139,492 Current assets Stock Debtors Cash at bank and in hand 31,700 346,119 957,853 1,33S,672 31,700 2,233,277 1,676.711 3,941,688 1,616,924 36.682 1,653,606 241,404 567,200 808,604 28,830 114,976 143,806 Liabilltles due within one year Loans and bank overdraft Creditors io 116,4491 12.001,2521 12,017,7011 116,4491 162,4531 12,063.7051 162,4531 12,080,154) Net current assets 1682.0291 1,653,606 808,604 81,353 1,861.534 Total ass@ts less current liabilities 11.092,982 1,736.760 3,443,121 20.728,153 37.001,026 Liabilities due after one year Loans and bank overdraft io 1217,8721 1217,8721 1217,8721 1217,8721 Net assets 10,875,110 1,736,760 3,443,121 20,72S,163 36,783.154 Funds Unrestricted Designated Restricted Endowment 17 18 19 20 10,875,110 10,875.110 1,736,760 3,443,121 20,728,163 1,736,760 3,443,121 20,728,163 10,875,110 1,736,760 3.443,121 20,728,163 36,783.1?4 P3ge 39

CHICHEsfER CATHEDRAL APPENDIX 3- PRIOR YEAR CHAPTER BALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2024 Unrertritted Fund5 Designated Funds R&,267 831,543 IL,331,810 21,893,500 3,175,597 25,069,097 83,154 83,154 Non investment assets Property 750,000 750.(K)O 9.315,000 9,315,000 10,065,000 10,065,000 Total fixed assets 11,769,616 83.154 2,634,517 20.6¢6AIO 35,134,097 urrent assets DeDtors Cash at bznk and in hand 470,861 738,900 1,209,761 1,616,924 36,682 1,653,606 241,404 S67,200 808,604 28,830 114,976 143,806 2,358,019 1,457,758 3,815,777 Llabilities dLTe Within one yèar Loans and bank Dverdraft Cr&ditors io 116,4491 11,963,840) 11,9SO,2891 116,44191 162,4531 12,026,293) 162,4531 12,042,7421 81,353 1.773.Q35 NÈt current assets 1770.5281 1,653,606 808,604 Total assets less current liabilities 10.999,Q88 1.736,760 3.443.121 20,728,163 36,907,132 Li30ilitie5 due aftÈr one year Lo3ns and bank overdraft io 1217,8721 1217,8721 1217,8721 1217,8721 Net assets 10,781.216 1,736,760 2,443,121 20,728.163 36.689.260 Fvnds Unrestricted Design3tÈd Restricted Endowment 17 18 19 20 10,781,216 10,781,216 1,736,760 3,443,L21 20,728,L63 1,736,760 3,443,121 20.72g,163 10.781,216 1,736,76Q 3,443,121 20,738.163 56,689,260 Page 40

CHICHESTER CATHEDRAL ANNUAL REPORT AND AUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 sr APPENDIX 14- PROFESSIONAL ADVISORS (os at31 MARCH2025) Surveyorof the FaL)ric Antony Feltham-King RIBA GradDiplConsAAAABC StAnn's Gate Architects The Close Salisbury SPI 2EB Consultant Archaeologist Dr Mich3el Shapland FSA Archaeology South-Eastl UCL Centre fDr Applied Archaeology 2 Chapel Road, Portslade, East Sussex BN41 IDR Auditors Lewis Brownlee (Chichester) Limitéd Chartered Accountants and Registered Auditors Appledram Barns Birdham Road Chichester P0207EQ Flude Commercial Ltd 24 Southgate Chichester P019 IES Commercial ProportyAgent Residential Property Agent Henry Adams Lettings Ltd 10 Southgate Chichester P019 IES Health & Safety Consultant Croner Group Ltd Croner House Wheatfield Way Hinckley Leicestershire LEIO LYG Bankers National Westminster Bank plc East Street Chichester P019 IHH Solicitors Irwin Mitchell Thomas Eggar House Friary Lane Chichester P019 IUF Bates Wells 10 Queen Street Place London EC4R 18E Page41