THE LLANDAFF DIOCESAN BOARD OF FINANCE
FINANCING THE PROVISION OF PAROCHIAL CLERGY WITHIN THE DIOCESE OF LLANDAFF, PART OF THE CHURCH IN WALES, AND OTHER PURPOSES WITHIN THE MISSION AND MINISTRY OF THE CHURCH IN WALES IN THE DIOCESE OF LLANDAFF
Latest income
£6.2m
Latest spending
£7.4m
Registered
1965
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £497,050 for the year ended 31 December 2024, with total incoming resources of £7.09 million and total resources expended of £8.1 million. Per the trustees' report, free reserves stood at £8.66 million, representing 12 months of unrestricted expenditure, which is in excess of the stated policy minimum of six months.
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“The number of employees whose annual remuneration was more than £60,000 is as follows: £70,000 to £79,999 1” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose annual remuneration was more than £60,000 is as follows: £70,000 to £79,999 1” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Fairer Share (81% of income)
“Total incoming resources of £7.09 million included: approximately £1.1 million received from the Representative Body; £4.6 million collected by Fairer Share” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six months' expenditure (held: £8.7m)
“The trustees believe that a level equivalent to a minimum of six months' expenditure should be maintained.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments made to trustees of The Llangasty Retreat House Trust and outstanding loan debtor.
“Reverend Mary Stallard, Michael Lawley, Michael Komer and Mark Preece are trustees of The Llangasty Retreat House Trust. During the year payments of £13,350 were made to them. The is also an outstanding loan debtor of £163,125.” — page 39
“Roderick Green and Michael Lawley are both trustees of the Representative Body of the Chuch in Wales. During the year there was income of £987,681 and expenditure of £2,569,442. At the year end there is an outstanding debtor balance of £91,759 and an outstanding creditor balance of £657,446.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income and expenditure with the Representative Body of the Church in Wales, where trustees serve.
“Reverend Mary Stallard, Michael Lawley, Michael Komer and Mark Preece are trustees of The Llangasty Retreat House Trust. During the year payments of £13,350 were made to them. The is also an outstanding loan debtor of £163,125.” — page 39
“Roderick Green and Michael Lawley are both trustees of the Representative Body of the Chuch in Wales. During the year there was income of £987,681 and expenditure of £2,569,442. At the year end there is an outstanding debtor balance of £91,759 and an outstanding creditor balance of £657,446.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income and expenditure with Port Talbot Ministry Area Council, where a trustee serves.
“Reverend Mary Stallard, Michael Lawley, Michael Komer and Mark Preece are trustees of The Llangasty Retreat House Trust. During the year payments of £13,350 were made to them. The is also an outstanding loan debtor of £163,125.” — page 39
“Roderick Green and Michael Lawley are both trustees of the Representative Body of the Chuch in Wales. During the year there was income of £987,681 and expenditure of £2,569,442. At the year end there is an outstanding debtor balance of £91,759 and an outstanding creditor balance of £657,446.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income from Dean and Chapter of Llandaff Cathedral, where a trustee serves.
“Reverend Mary Stallard, Michael Lawley, Michael Komer and Mark Preece are trustees of The Llangasty Retreat House Trust. During the year payments of £13,350 were made to them. The is also an outstanding loan debtor of £163,125.” — page 39
“Roderick Green and Michael Lawley are both trustees of the Representative Body of the Chuch in Wales. During the year there was income of £987,681 and expenditure of £2,569,442. At the year end there is an outstanding debtor balance of £91,759 and an outstanding creditor balance of £657,446.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income and expenditure with East Vale Ministry Area, where a trustee serves.
“Reverend Mary Stallard, Michael Lawley, Michael Komer and Mark Preece are trustees of The Llangasty Retreat House Trust. During the year payments of £13,350 were made to them. The is also an outstanding loan debtor of £163,125.” — page 39
“Roderick Green and Michael Lawley are both trustees of the Representative Body of the Chuch in Wales. During the year there was income of £987,681 and expenditure of £2,569,442. At the year end there is an outstanding debtor balance of £91,759 and an outstanding creditor balance of £657,446.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Mary Stallard — Bishop of Llandaff
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Total income
£6.2m
Total spending
£7.4m
Cost of raising funds
£86k
Reserves (reported)
£9.9m
Employees
29
Register events
- Received assets from another charity (21/04/2017)
Trustees
- Michael Anthony Lawleychair
- Christian Salisbury
- David Julian Luke
- Dr Elizabeth Heather Payne
- Patricia Anne Blackwell
- Rev Richard Gratton
- Rev Robert John McDonald
- Revd Canon Michael David GABLE
- Rhys Evans
- The Right Reverend Mary Kathleen Rose Stallard
- The Venerable Anne-Marie Louise Renshaw
- Venerable Mark Richard Preece
- Wendy Anne Xerri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £6.2m | £7.4m |
| 31/12/2024 | £7.1m | £8.1m |
| 31/12/2023 | £7.2m | £8.0m |
| 31/12/2022 | £6.5m | £7.5m |
| 31/12/2021 | £8.2m | £8.2m |
Common questions
Is THE LLANDAFF DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £497,050 for the year ended 31 December 2024, with total incoming resources of £7.09 million and total resources expended of £8.1 million. Per the trustees' report, free reserves stood at £8.66 million, representing 12 months of unrestricted expenditure, which is in excess of the stated policy minimum of six months. Its FY2024 accounts were audited by Bevan Buckland LLP.
What does the highest-paid employee of THE LLANDAFF DIOCESAN BOARD OF FINANCE earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 19/03/2015 | £922k | "St Elvan Community Heritage Project" |
| The National Lottery Heritage Fund | 16/11/2006 | £15k | "St Mary's Monument Project" |
| The National Lottery Community Fund | 14/08/2006 | £5k | Stackable chairs |
| The National Lottery Heritage Fund | 11/12/2001 | £442k | "St Augustine's Church, Penarth - Restoration" |
| The National Lottery Heritage Fund | 29/09/1999 | £99k | "St Martins Church, Caerphilly - Restoration" |
| The National Lottery Heritage Fund | 10/09/1997 | £301k | "St Mary the Virgin Church, Cardiff - Restoration" |
Funders of similar charities
Charities like this
- BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR
- THE DEAN AND CHAPTER OF LLANDAFF CATHEDRAL
- THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED)
- THE CHESTER DIOCESAN BOARD OF FINANCE
- SWANSEA AND BRECON DIOCESAN BOARD OF FINANCE
- THE DERBY DIOCESAN BOARD OF FINANCE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LLANDAFF DIOCESAN BOARD OF FINANCE | £6.2m | £70,001 - £80,000 | 1 | above | — | no doubt |
| BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR | £4.2m | — | — | unclear | — | no doubt |
| THE DEAN AND CHAPTER OF LLANDAFF CATHEDRAL | £1.2m | £70,001 - £80,000 | 1 | above | — | no doubt |
| THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED) | £17.0m | — | — | unclear | — | no doubt |
| THE CHESTER DIOCESAN BOARD OF FINANCE | £15.0m | — | — | unclear | — | no doubt |
| SWANSEA AND BRECON DIOCESAN BOARD OF FINANCE | £4.2m | more than £60,000 | 1 | above | — | no doubt |