THE ST ASAPH DIOCESAN BOARD OF FINANCE
The Charity funds the church and parish structure within the Diocese. there is a church in each parish and, as well as offering worship, the church reaches out in ministry and service to the local community.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £379,509 for the year ended 31 December 2024, with total unrestricted, restricted, and designated funds amounting to £10,440,081. The trustees maintain a reserves policy targeting approximately nine months of unrestricted expenditure, noting that reserves had previously accumulated beyond this level. The audit report confirms that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“There was 1 employee (2023 - 1) whose employee benefits (excluding employer pension costs) exceeded £60,000. 60,000 - 70,000 1” — page 16
“There was 1 employee (2023 - 1) whose employee benefits (excluding employer pension costs) exceeded £60,000.” — page 16
“Itis the policy of the directors to maintain unrestricted reserves, which are the free reserves of the Board, at a level that equates to approximately 9 months’ unrestricted expenditure.” — page 5
“Grants received from RB - £868,064 (2023: £998,982)” — page 20
“Mission Area Share income including reimbursed expenses - £271,171 (2023: £261,558)” — page 20
“Grants received from RB - £868,064 (2023: £998,982)” — page 20
“Mission Area Share income including reimbursed expenses - £271,171 (2023: £261,558)” — page 20
“Grants received from RB - £868,064 (2023: £998,982)” — page 20
“Mission Area Share income including reimbursed expenses - £271,171 (2023: £261,558)” — page 20
“Grants received from RB - £868,064 (2023: £998,982)” — page 20
“Mission Area Share income including reimbursed expenses - £271,171 (2023: £261,558)” — page 20
“Grants received from RB - £868,064 (2023: £998,982)” — page 20
“Mission Area Share income including reimbursed expenses - £271,171 (2023: £261,558)” — page 20
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (20/05/2024)
Trustees
- Sam Allinchair
- Amelia Lucy Harvey-Scholes
- Anthony David Appleton
- Heather Mary Bowness
- Kevin Weston
- Melissa Griffiths
- PHILIP WILLIAMS
- Rev Andrew Stuart Grimwood
- Rev Huw Adrian Bryant
- Rev Richard John Hainsworth
- Rev Stephen Murray Hayes
- THE VERY REVD NIGEL HOWARD WILLIAMS
- The Right Reverend GREGORY KENNETH CAMERON
- The Ven. Gerwyn Huw Capon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £6.1m | £5.7m |
| 31/12/2023 | £5.7m | £5.9m |
| 31/12/2022 | £5.1m | £5.3m |
| 31/12/2021 | £7.6m | £6.7m |
| 31/12/2020 | £8.6m | £6.9m |
Common questions
Is THE ST ASAPH DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £379,509 for the year ended 31 December 2024, with total unrestricted, restricted, and designated funds amounting to £10,440,081. The trustees maintain a reserves policy targeting approximately nine months of unrestricted expenditure, noting that reserves had previously accumulated beyond this level. The audit report confirms that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Sage & Company Business Advisors Ltd.
What does the highest-paid employee of THE ST ASAPH DIOCESAN BOARD OF FINANCE earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/04/2025 | £78k | "Taith Pererin Gogledd Cymru Camino Cymru – North Wales Pilgrims’ Way Welsh Camino" |
| The National Lottery Heritage Fund | 06/08/2024 | £38k | "St.Mary`s Church Chirk, bell restoration and augmentation project." |
| The National Lottery Heritage Fund | 16/11/2004 | £35k | "MAGNET - Medieval Architectural Gem to Nurture and Expand Tourism" |
| The National Lottery Heritage Fund | 10/03/1997 | £25k | "St Asaph Cathedral - Rewiring and Lighting" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ANNE FRENCH MEMORIAL TRUST | 1 | £308k |
| KESWICK HALL CHARITY | 1 | £100k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £92k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £44k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £20k |
Charities like this
- THE SALISBURY DIOCESAN BOARD OF FINANCE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GRAYS NORTH AND STIFFORD IN THE DIOCESE OF CHELMSFORD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FOREST ROW
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, LECKHAMPTON
- THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANCHESTER AND BURNHOPE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ST ASAPH DIOCESAN BOARD OF FINANCE | £6.1m | £60,001 - £70,000 | 1 | above | — | no doubt |
| THE SALISBURY DIOCESAN BOARD OF FINANCE | £13.9m | — | — | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GRAYS NORTH AND STIFFORD IN THE DIOCESE OF CHELMSFORD | £146k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FOREST ROW | £126k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, LECKHAMPTON | £180k | — | 0 | unclear | — | no doubt |
| THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED | £14.3m | — | — | unclear | — | no doubt |