BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR

Registered charity 1075931 · accounts filings on the Charity Commission register

Support for, and furtherance of, the work of the Church in Wales in the Diocese of Bangor

Causes: Religious Activities · website · Get email alerts

Latest income

£4.2m

Latest spending

£4.6m

Registered

1999

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased from £5,806,663 to £5,474,757 during the year, resulting in a net expenditure of £270,289. The trustees maintain a reserves policy target of approximately three months' expenditure, and the current unrestricted reserves are above this threshold. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

Reserves policy: approximately 3 months' expenditure (held: £5.5m)

“The trustees' objective is to maintain an operational reserve of approximately 3 months' expenditure, alongside an expendable endowment geared to provide investment income that is able to support a range of important charitable activities.” — page 9

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Bangor Diocesan Board of Finance invoiced Bangor Diocesan Housing Association £12,237 in administration fees and £2,423 in rent.

“Bangor Diocesan Board of Finance invoiced Bangor Diocesan Housing Association £12,237 (2023 - £11,654) in administration fees and £2,423 (2023 - £2,423) in rent.. At the year end £12,237 (2023 - £11,654) was still outstanding.” — page 34

“Bangor Diocesan Board of Finance invoiced Bishop Henry Rowlands £27,119 (2023 - £24,224) in administration fees. At the year end £27,119 (2023 - £24,224) was still outstanding.” — page 34

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Bangor Diocesan Board of Finance invoiced Bishop Henry Rowlands £27,119 in administration fees.

“Bangor Diocesan Board of Finance invoiced Bangor Diocesan Housing Association £12,237 (2023 - £11,654) in administration fees and £2,423 (2023 - £2,423) in rent.. At the year end £12,237 (2023 - £11,654) was still outstanding.” — page 34

“Bangor Diocesan Board of Finance invoiced Bishop Henry Rowlands £27,119 (2023 - £24,224) in administration fees. At the year end £27,119 (2023 - £24,224) was still outstanding.” — page 34

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Bangor Diocesan Board of Finance invoiced Bangor Diocesan Trust £45,288 in administration fees.

“Bangor Diocesan Board of Finance invoiced Bangor Diocesan Housing Association £12,237 (2023 - £11,654) in administration fees and £2,423 (2023 - £2,423) in rent.. At the year end £12,237 (2023 - £11,654) was still outstanding.” — page 34

“Bangor Diocesan Board of Finance invoiced Bishop Henry Rowlands £27,119 (2023 - £24,224) in administration fees. At the year end £27,119 (2023 - £24,224) was still outstanding.” — page 34

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Bangor Diocesan Board of Finance invoiced Bangor Cathedral £73,155 in recharges.

“Bangor Diocesan Board of Finance invoiced Bangor Diocesan Housing Association £12,237 (2023 - £11,654) in administration fees and £2,423 (2023 - £2,423) in rent.. At the year end £12,237 (2023 - £11,654) was still outstanding.” — page 34

“Bangor Diocesan Board of Finance invoiced Bishop Henry Rowlands £27,119 (2023 - £24,224) in administration fees. At the year end £27,119 (2023 - £24,224) was still outstanding.” — page 34

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Williams Denton Cyf. Discloses 4 of 6 completeness components.

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

Total income

£4.2m

Total spending

£4.6m

Reserves (reported)

£5.5m

Employees

18

Reported reserves equal ~14.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (81% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Dr Hywel John Parry-Smithchair · trustee of 2 other charities
Christopher Dearden · trustee of 1 other charity
David Allan Parry · trustee of 4 other charities
Eleanor Wenda Owen · trustee of 1 other charity
Lauris Palshis · trustee of 1 other charity
Michael David Dean · trustee of 4 other charities
Rev Dylan John Williams · trustee of 2 other charities
Rev Miriam Beecroft · trustee of 1 other charity
Rev Roy Llywelyn Moules-Jones · trustee of 1 other charity
The Venerable John Christopher Harvey · trustee of 5 other charities
The Venerable Robert William Townsend · trustee of 2 other charities
Very Reverend Manon Ceridwen James

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

Operates in: Conwy · Gwynedd · Isle Of Anglesey · Powys

Income and spending

Financial year end	Income	Spending
31/12/2024	£4.2m	£4.6m
31/12/2023	£4.0m	£3.8m
31/12/2022	£3.3m	£3.2m
31/12/2021	£3.3m	£3.1m
31/12/2020	£3.5m	£3.0m

Common questions

Is BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £5,806,663 to £5,474,757 during the year, resulting in a net expenditure of £270,289. The trustees maintain a reserves policy target of approximately three months' expenditure, and the current unrestricted reserves are above this threshold. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Williams Denton Cyf.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Community Fund	05/01/2017	£4k	Sound loop system with microphones.
The National Lottery Heritage Fund	08/03/2007	£347k	"Feed my Lambs Regeneration"
The National Lottery Heritage Fund	02/03/2005	£27k	"Feed my Lambs Regeneration"

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SWANSEA AND BRECON DIOCESAN BOARD OF FINANCE.

SWANSEA AND BRECON DIOCESAN BOARD OF FINANCE income £4.2m
THE LLANDAFF DIOCESAN BOARD OF FINANCE income £6.2m
ST DAVIDS DIOCESAN BOARD OF FINANCE income £4.9m
BANGOR DIOCESAN TRUST income £482k
THE ELY DIOCESAN BOARD OF FINANCE income £11.1m
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WIGAN TOWN CENTRE income £242k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR	£4.2m	—	—	unclear	—	no doubt
SWANSEA AND BRECON DIOCESAN BOARD OF FINANCE FY2024	£4.2m	more than £60,000	1	above	—	no doubt
THE LLANDAFF DIOCESAN BOARD OF FINANCE FY2024	£6.2m	£70,001 - £80,000	1	above	—	no doubt
ST DAVIDS DIOCESAN BOARD OF FINANCE FY2025	£4.9m	£60,001 - £85,000	2	unclear	—	no doubt
BANGOR DIOCESAN TRUST FY2025	£482k	—	0	unclear	—	no doubt
THE ELY DIOCESAN BOARD OF FINANCE FY2024	£11.1m	£180,001 - £190,000	10	unclear	—	no doubt

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