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BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR

Registered charity 1075931 · accounts filings on the Charity Commission register

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Latest income
£4.2m
Latest spending
£4.6m
Registered
1999
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted reserves decreased to £5,320,702, which is above the trustees' stated policy target of approximately three months' expenditure. The charity reported a net expenditure of £553,676 for the year, driven by a decline in investment values, but maintains sufficient liquidity with cash at bank of £971,437.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £5.3m)
“The trustees' objective is to maintain an operational reserve of approximately 3 months' expenditure” — page 4
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Bangor Housing Association paid administration fees.
“Bangor Housing Association paid Bangor Diocesan Board of Finance £11,090 (2021 - £11,136) in administration fees.” — page 27
“Bishop Henry Rowlands Almshouses paid Bangor Diocesan Board of Finance £23,070 (2021 - £22,618) in administration fees and £2,423 (2021 - £6,337) in rent.” — page 27
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Bishop Henry Rowlands Almshouses paid administration fees and rent.
“Bangor Housing Association paid Bangor Diocesan Board of Finance £11,090 (2021 - £11,136) in administration fees.” — page 27
“Bishop Henry Rowlands Almshouses paid Bangor Diocesan Board of Finance £23,070 (2021 - £22,618) in administration fees and £2,423 (2021 - £6,337) in rent.” — page 27
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Bangor Diocesan Trust paid administration fees.
“Bangor Housing Association paid Bangor Diocesan Board of Finance £11,090 (2021 - £11,136) in administration fees.” — page 27
“Bishop Henry Rowlands Almshouses paid Bangor Diocesan Board of Finance £23,070 (2021 - £22,618) in administration fees and £2,423 (2021 - £6,337) in rent.” — page 27
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Williams Denton Cyf. Discloses 5 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).

Trustees

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

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

Income and spending

Financial year endIncomeSpending
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?

The accounts state that unrestricted reserves decreased to £5,320,702, which is above the trustees' stated policy target of approximately three months' expenditure. The charity reported a net expenditure of £553,676 for the year, driven by a decline in investment values, but maintains sufficient liquidity with cash at bank of £971,437. Its FY2022 accounts were audited by Williams Denton Cyf.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund08/03/2007£347k"Feed my Lambs Regeneration"
The National Lottery Heritage Fund02/03/2005£27k"Feed my Lambs Regeneration"