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BANGOR DIOCESAN TRUST

Registered charity 234156 · accounts filings on the Charity Commission register

TO HOLD AND MAINTAIN FUNDS FOR THE DIOCESE OF BANGOR, ITS CHURCHES AND SCHOOLS

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£482k
Latest spending
£664k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the organisation is in a stable and satisfactory financial position with a cash surplus of more than £2,400,000 at year-end. However, the trustees note that a significant financial provision made to support parish finances will not be sustainable beyond the end of 2026, requiring a different approach from 2027 onwards. Additionally, the trust's schools fund is starting to deplete, necessitating a review of its future sustainability.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (75% of income)
“The charity's main source of income is from retum on its investments, whether as bank interest or dividends.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £4.3m)
“The trustees' objective is to maintain an operational reserve of approximately 3 months' expenditure” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity shares its trustees with the Bangor Diocesan Board of Finance. At 31 March 2025 the Bangor Diocesan Trust owed Bangor Diocesan Board of Finance £51,804 for administration fees.
“At 31 March 2025 the Bangor Diocesan Trust owed Bangor Diocesan Board of Finance £51,804 (2024 - £45,288) for administration fees, £45,288 was paid during the year.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The trust recognises the need for improvement in this area and will be reviewing the training that new trustees receive in 2026.
“The trust recognises the need for improvement in this area and will be reviewing the training that new trustees receive in 2026.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Williams Denton Cyf. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

13 registered titles in England and Wales held by the charity’s company or corporate body (13 freehold); recorded price paid £500k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2024)

Total income
£1.0m
Total spending
£275k
Reserves (reported)
£4.4m
Employees
0

Reported reserves equal ~192.0 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Other (70% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

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

Income and spending

Financial year endIncomeSpending
31/03/2025£482k£664k
31/03/2024£1.0m£275k
31/03/2023£264k£104k
31/03/2022£344k£209k
31/03/2021£283k£158k

Common questions

Is BANGOR DIOCESAN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the organisation is in a stable and satisfactory financial position with a cash surplus of more than £2,400,000 at year-end. However, the trustees note that a significant financial provision made to support parish finances will not be sustainable beyond the end of 2026, requiring a different approach from 2027 onwards. Additionally, the trust's schools fund is starting to deplete, necessitating a review of its future sustainability. Its FY2025 accounts were audited by Williams Denton Cyf.

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
CATHOLIC TRUST FOR ENGLAND AND WALES2£25k
ANNE FRENCH MEMORIAL TRUST1£308k
KESWICK HALL CHARITY1£100k
CHARITY OF SIR RICHARD WHITTINGTON1£75k
SISTERS OF MERCY SUNDERLAND1£55k
THE ALBERT GUBAY CHARITABLE FOUNDATION1£24k
NORFOLK COMMUNITY FOUNDATION1£20k
EDITH BESSIE GIBSON TRUST1£6k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BANGOR DIOCESAN TRUST£482k—0unclear—no doubt
BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR FY2024£4.2m——unclear—no doubt
BIRMINGHAM DIOCESAN TRUST FY2024£24.2m——unclear0.7%no doubt
WREXHAM DIOCESAN TRUST FY2025£3.3m—0within—no doubt
EAST ANGLIA ROMAN CATHOLIC DIOCESAN TRUST FY2024£8.1mmore than £60,0003above—no doubt
THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED FY2024£13.4m——unclear—no doubt

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