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THE LONDON DIOCESAN FUND

Registered charity 241083 · accounts filings on the Charity Commission register · also known as LDF

The principal activity of the London Diocesan Fund is to serve and support the parishes and people within the Diocese of London in their mission of proclaiming the gospel of Jesus Christ. It does this operationally through the payment and housing of parish clergy and chaplaincies and support to their ministry.

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

Latest income
£47.0m
Latest spending
£54.8m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £7.8m for the year ended 31 December 2025, an increase from £4.2m in the prior year, driven by total expenditure rising to £54.8m against income of £47.0m. Despite this structural deficit, the charity holds net assets of £520.3m, with unrestricted general reserves of £5.4m, which the trustees consider appropriate given ongoing economic uncertainty. The trustees have indicated that a new financial plan will be developed in 2026 to address the structural deficit and ensure long-term sustainability.

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

What the accounts disclose

Reserves policy: c.£5.1m (held: £5.4m)
“The policy from July 2020 is to hold General Fund reserves of c.£5.1m, which was calculated by reference to the expected deficits and the need for greater resilience over the next few years.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: In 2024 the LDF paid £198,874 (2024: £503,088) in grants to CCX towards the operational cost of LDF Vision2030 programmes. There was £70,000 balance outstanding at year end.
“In 2024 the LDF paid £198,874 (2024: £503,088) in grants to CCX towards the operational cost of LDF Vision2030 programmes. There was £70,000 balance outstanding at year end.” — page 61
“In the year ending 31 December 2025, two family members of the Trustees received a total of £67,000 as stipends and another two family members received a total of £78,000 in remuneration as officers of the LDF. There was also a family member who invoiced £1,850 for the services rendered as a consultant in one of the restricted programmes.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: In the year ending 31 December 2025, two family members of the Trustees received a total of £67,000 as stipends and another two family members received a total of £78,000 in remuneration as officers of the LDF. There was also a family member who invoiced £1,850 for the services rendered as a consultant in one of the restricted programmes.
“In 2024 the LDF paid £198,874 (2024: £503,088) in grants to CCX towards the operational cost of LDF Vision2030 programmes. There was £70,000 balance outstanding at year end.” — page 61
“In the year ending 31 December 2025, two family members of the Trustees received a total of £67,000 as stipends and another two family members received a total of £78,000 in remuneration as officers of the LDF. There was also a family member who invoiced £1,850 for the services rendered as a consultant in one of the restricted programmes.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The LDF also supports connected charities, one of which is the London Diocesan Board for Schools, to which we grant the use of facilities at London Diocesan House to the value of £520k (2024: £448k), and to whom a cash grant of £171k was made in 2025 (2024: £171k).
“In 2024 the LDF paid £198,874 (2024: £503,088) in grants to CCX towards the operational cost of LDF Vision2030 programmes. There was £70,000 balance outstanding at year end.” — page 61
“In the year ending 31 December 2025, two family members of the Trustees received a total of £67,000 as stipends and another two family members received a total of £78,000 in remuneration as officers of the LDF. There was also a family member who invoiced £1,850 for the services rendered as a consultant in one of the restricted programmes.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants to London parishes totalled £8.0m (2024: £2.1m). This includes funds from National Church Strategic Development Funds (SDF) and, for the first time) City Churches Grant Committee (CCGC) grants (£5.3m).
“In 2024 the LDF paid £198,874 (2024: £503,088) in grants to CCX towards the operational cost of LDF Vision2030 programmes. There was £70,000 balance outstanding at year end.” — page 61
“In the year ending 31 December 2025, two family members of the Trustees received a total of £67,000 as stipends and another two family members received a total of £78,000 in remuneration as officers of the LDF. There was also a family member who invoiced £1,850 for the services rendered as a consultant in one of the restricted programmes.” — page 62
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Causton Street Farms Limited
“The LDF owns 100% of the issued share capital of a subsidiary undertaking, Causton Street Farms Limited (registered company number 2768104). The company has been dormant since 1 January 2005.” — page 59
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Diocese of London (matched by registered charity number).

Property (HM Land Registry)

889 registered titles in England and Wales held by the charity’s company or corporate body (790 freehold); recorded price paid £86.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook (7,214 followers) · instagram (4,009 followers)

Advertised salaries (public job ads)

Roles this charity has advertised on CharityJob, matched on the exact employer name. A different source from the statutory pay bands above: these are asking salaries for vacancies, not what anyone was paid.

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

Total income
£47.0m
Total spending
£54.8m
Cost of raising funds
£1.4m
Reserves (reported)
£5.4m
Employees
134

Reported reserves equal ~1.2 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 (76% 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: 3.0% 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: Angola · Mozambique · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2025£47.0m£54.8m
31/12/2024£47.3m£51.5m
31/12/2023£49.9m£56.6m
31/12/2022£52.0m£54.1m
31/12/2021£47.8m£49.5m

Common questions

Is THE LONDON DIOCESAN FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £7.8m for the year ended 31 December 2025, an increase from £4.2m in the prior year, driven by total expenditure rising to £54.8m against income of £47.0m. Despite this structural deficit, the charity holds net assets of £520.3m, with unrestricted general reserves of £5.4m, which the trustees consider appropriate given ongoing economic uncertainty. The trustees have indicated that a new financial plan will be developed in 2026 to address the structural deficit and ensure long-term sustainability. Its FY2025 accounts were audited by Moore Kingston Smith LLP.

Who funds THE LONDON DIOCESAN FUND?

Funders whose own accounts filings name THE LONDON DIOCESAN FUND as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S EALING, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. AUGUSTINE'S OF CANTERBURY, WHITTON, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES THE LESS, WESTMINSTER, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST GEORGE, FULWELL.

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 ST PAUL'S EALINGFY2023£142k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. AUGUSTINE'S OF CANTERBURY, WHITTONFY2022£50kHome
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES THE LESS, WESTMINSTERFY2021£30kCommon Fund contribution
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTONFY2023£28kGrants and Mission Giving
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST GEORGE, FULWELLFY2024£13kSupport for Bunyan fund / ministry
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN WITH ST. LUKE, PADDINGTONFY2023£10kChurch Building
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, NOTTING HILLFY2022£6kDonations and additional contributions
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ALL SAINTS, MARGARET STREET, LONDON W1FY2023£2kLent Appeal 2023 (Bishop of London’s Lent Appeal administered through)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, NOTTING HILLFY2024£2kdonations
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY BROOKFIELD, LONDONFY2021£186for work in Mozambique and Angola

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund07/02/2024£240k"Square Mile Churches: towards a sustainable future"
City Bridge Foundation03/07/2023£3kGrant to London Diocesan Fund
The National Lottery Heritage Fund13/06/2023£481k"The Place Where We Live: Cloudesley Rejuvenated"
The National Lottery Heritage Fund13/10/2022£68k"South Camden Ecclesiastical Heritage Strategic Review"
The National Lottery Heritage Fund13/04/2022£241k"Wren300 - engaging with our greatest architect"
UK government01/10/2020£150kCloudesley Centre (former Holy Trinity Church)
The National Lottery Heritage Fund09/01/2019£47k"The place where we live: exploring the history and people of Cloudesley Square"
The National Lottery Heritage Fund26/03/2002£150k"St John's Church, Wembley"

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
THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION1—
THE CHARLES SKEY CHARITABLE TRUST1£235k
THE CROSS TRUST1£165k
STOBART NEWLANDS CHARITABLE TRUST1£92k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, OLD COULSDON IN THE DIOCESE OF SOUTHWARK1£86k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JAMES WEST STREATHAM SOUTHWARK1£84k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS1£83k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST THOMAS, OAKWOOD1£62k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LONDON DIOCESAN FUND£47.0m——above—no doubt
THE LIVERPOOL DIOCESAN BOARD OF FINANCE FY2024£15.8m——above—no doubt
THE LEICESTER DIOCESAN BOARD OF FINANCE FY2025£10.0m——above—no doubt
THE COVENTRY DIOCESAN BOARD OF FINANCE LTD FY2024£11.0m——below—no doubt
THE SALISBURY DIOCESAN BOARD OF FINANCE FY2024£13.9m——below—no doubt
THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE FY2024£28.5m——unclear6.5%no doubt

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