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ST DAVIDS DIOCESAN BOARD OF FINANCE

Registered charity 231239 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£4.9m
Latest spending
£5.8m
Registered
1961
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets increased to £13,700,724, driven by significant investment and property revaluation gains. The charity holds unrestricted reserves of £5,789,112, which the trustees consider sufficient to cover more than eight months of expenditure against a policy target of six months. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £60,001 - £85,000 — below the median for charities its size (£76k)
“The number of employees whose total employee benefits (excluding employers pension costs) purposes was as follows: £60,000 - £85,000 2 2”
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“The number of employees whose total employee benefits (excluding employers pension costs) purposes was as follows: £60,000 - £85,000 2 2”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months of Unrestricted General Fund expenditure (held: £5.8m)
“The Board has concluded that its reserves should be a minimum six months of Unrestricted General Fund expenditure to enable it to meet its short-term financial obligations in the event of an unexpected revenue shortfall.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Payments of £32,310 were made to 9 Trustees for carrying out other duties. Additionally, £35,009 was paid to the Diocesan Registrar.
“No payments were made to Trustees for their duties as members of the Board. However, payments totalling £32,310 (2024: £26,040) were made to 9 Trustees for carrying out other duties. In addition, £35,009 (2024: £30,008) was paid to the Diocesan Registrar.” — page 56
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: St Davids Diocesan Board of Finance (Property) Limited
“St Davids Diocesan Board of Finance has passed a resolution to set up a trading company — St Davids Diocesan Board of Finance (Property) Limited.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Limited.

Corporate structure

Public fundraising profile: JustGiving — ST DAVIDS DIOCESE (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2025)

Total income
£5.0m
Total spending
£5.8m
Cost of raising funds
£35k
Reserves (reported)
£5.8m
Employees
14

Reported reserves equal ~12.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Carmarthenshire · Ceredigion · Pembrokeshire · Powys

Income and spending

Financial year endIncomeSpending
31/12/2025£4.9m£5.8m
31/12/2024£4.7m£5.6m
31/12/2023£5.5m£6.0m
31/12/2022£5.1m£7.0m
31/12/2021£7.1m£6.7m

Common questions

Is ST DAVIDS DIOCESAN BOARD OF FINANCE financially healthy?

The accounts state that total net assets increased to £13,700,724, driven by significant investment and property revaluation gains. The charity holds unrestricted reserves of £5,789,112, which the trustees consider sufficient to cover more than eight months of expenditure against a policy target of six months. The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.

What does the highest-paid employee of ST DAVIDS DIOCESAN BOARD OF FINANCE earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £85,000 band, and 2 employees earned over £60,000.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund04/09/2019£184k"Eglwys a Threfdadaeth : Llanfihangel-y-Creuddyn : Church and Heritage"
The National Lottery Heritage Fund19/03/2015£35k"Internal and External repairs to St Elidyr's Church"
The National Lottery Heritage Fund08/07/1996£10k"St Ishmael's Church, Dyfed"

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.

FunderSimilar charities fundedAmount to them
SIR JEREMIAH COLMAN GIFT TRUST1£10k

Charities like this

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