LEEDS DIOCESAN BOARD OF FINANCE

Registered charity 1155876 · accounts filings on the Charity Commission register

Promote the work and purposes of the Church of England in the Diocese of Leeds. The Diocese of Leeds covers the area of West Yorkshire and the Dales and Barnsley in South Yorkshire.

Causes: Education/training · Religious Activities · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£23.5m
Latest spending
£23.4m
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a net deficit on unrestricted funds of £907,000 in 2024, an improvement from the prior year, largely driven by the recognition of a usable pension surplus. The Trustees report that operating deficits are expected to continue but are confident they can be absorbed through managing expenditure, utilizing reserves, and selling surplus property.

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

What the accounts disclose

Reserves policy: £4.1m to £5.5m (held: £5.7m)
“The Reserves Policy sets a target free reserves range of £4.1m to £5.5m. The lower bound is based on an analysis of income sources and their potential vulnerability against budgeted performance — the largest portion of this relating to Parish Share (£2.5m). The upper bound remains based on 3 months budgeted unrestricted expenditure for the following financial year.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants from Church Commissioners
“The Church Commissioners from which the LDBF receives grants and which acts on behalf of clergy with HM Revenue and Customs. The LDBF pays for clergy stipends through the Church Commissioners.” — page 17
“The Church of England Pensions Board, to which the LDBF pays retirement benefit contributions for stipendiary clergy and employees.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Pension contributions to Church of England Pensions Board
“The Church Commissioners from which the LDBF receives grants and which acts on behalf of clergy with HM Revenue and Customs. The LDBF pays for clergy stipends through the Church Commissioners.” — page 17
“The Church of England Pensions Board, to which the LDBF pays retirement benefit contributions for stipendiary clergy and employees.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

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

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

703 registered titles in England and Wales held by the charity’s company or corporate body (680 freehold); recorded price paid £17.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

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

Total income
£23.5m
Total spending
£23.4m
Cost of raising funds
£197k
Reserves (reported)
£5.7m
Employees
99

Reported reserves equal ~2.9 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (77% 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: 0.8% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bradford City · City Of Wakefield · Lancashire · Leeds City · North Yorkshire

Income and spending

Financial year endIncomeSpending
31/12/2024£23.5m£23.4m
31/12/2023£24.1m£24.3m
31/12/2022£22.8m£24.4m
31/12/2021£22.4m£22.9m
31/12/2020£23.0m£22.8m

Common questions

Is LEEDS DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2024 accounts: The accounts state that the charity recorded a net deficit on unrestricted funds of £907,000 in 2024, an improvement from the prior year, largely driven by the recognition of a usable pension surplus. The Trustees report that operating deficits are expected to continue but are confident they can be absorbed through managing expenditure, utilizing reserves, and selling surplus property. Its FY2024 accounts were audited by Saffery LLP.

Who funds LEEDS DIOCESAN BOARD OF FINANCE?

Funders whose own accounts filings name LEEDS DIOCESAN BOARD OF FINANCE as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETTFY2022£2kAssistance towards increased energy costs.

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2020£2.7mSchool Condition Allocation - Voluntary Aided Sector Recipients
UK government01/04/2020£393kDevolved Formula Capital - Local Authority & Voluntary Aided Sector Recipients

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 PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LEEDS CITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
LEEDS DIOCESAN BOARD OF FINANCE£23.5m——above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LEEDS CITY FY2025£458k—0below—no doubt
LEEDS DIOCESAN TRUST FY2026£13.3m——above—no doubt
SHEFFIELD DIOCESAN BOARD OF FINANCE FY2024£12.1m——unclear—no doubt
EMMANUEL BAPTIST CHURCH LEEDS FY2025£548k—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, SHIPLEY FY2025£291k—0unclear—no doubt

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