THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED)

Registered charity 1107827 · accounts filings on the Charity Commission register · also known as DIOCESAN BOARD OF FINANCE, LICHFIELD DIOCESAN BOARD OF FINANCE

The principal activity is to promote assist and advance the work of the Church of England in the Diocese of Lichfield and elsewhere, by acting as the financial executive of the Diocesan Synod. It oversees the resourcing of ministry within the Diocese and the financing of the work of the various diocesan bodies.

Causes: Religious Activities · website · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a consolidated deficit before net gains on investments of £2.249 million for the year ended 31 December 2024, with total income of £16.974 million. The trustees note that free reserves of £2.658 million are significantly below the stated policy benchmark of £4.115 million, representing only 1.95 months of budget expenditure. However, the filing confirms the use of the going concern basis of accounting, citing significant capital growth and the Total Return Approach to support future budgets.

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

What the accounts disclose

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Lichfield Diocesan Board of Finance (matched by registered charity number).

Property (HM Land Registry)

348 registered titles in England and Wales held by the charity’s company or corporate body (347 freehold); recorded price paid £12.6m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): instagram

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

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (72% 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: 2.6% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

• Received assets from another charity (06/10/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• David Wrightchair
• ANDREW PAUL CHARLES
• Amanda Robbie
• Angela Patricia Bernard
• Dr Megan Rachel Smith · trustee of 2 other charities
• Dr Megan Smith · trustee of 2 other charities
• Dr Paul Alexander Graetz
• Dr SUSAN KAREN WELLER · trustee of 1 other charity
• JOSEPHINE LOCKE · trustee of 1 other charity
• MR TUG WILSON · trustee of 1 other charity
• Malcolm Maclean
• PENELOPE ALLEN · trustee of 1 other charity
• PHILIP DAVID COLEMAN · trustee of 1 other charity
• REV PREB BRAIN LEATHERS
• Rev Christopher Precious · trustee of 4 other charities
• Rev DAVID SIMS · trustee of 1 other charity
• Rev Jane Lyon
• Rev Lisa Ann Knight
• Revd Preb James William Trood · trustee of 1 other charity
• Rt Revd Anne Hollinghurst
• Rt Revd Janet McFarlane · trustee of 1 other charity
• Rt Revd Paul Richard Thomas
• Rt Revd Timothy Wambunya
• Stephen Clifford
• Stephen Robinson
• The Rt Revd Michael Geoffrey Ipgrave · trustee of 1 other charity
• The Rt Revd Sarah Bullock · trustee of 3 other charities
• The Venerable Nicholas Watson
• Venerable Elizabeth Jackson

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

Operates in: Sandwell · Shropshire · Staffordshire · Telford & Wrekin · Walsall · Wolverhampton

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE DERBY DIOCESAN BOARD OF FINANCE LIMITED.

• THE DERBY DIOCESAN BOARD OF FINANCE LIMITED income £11.0m
• THE CHICHESTER DIOCESAN FUND AND BOARD OF FINANCE (INCORPORATED) income £22.1m
• THE SALISBURY DIOCESAN BOARD OF FINANCE income £13.9m
• THE EXETER DIOCESAN BOARD OF FINANCE income £18.8m
• THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED income £13.4m
• THE DURHAM DIOCESAN BOARD OF FINANCE income £12.5m

Side by side with its peers

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