SHEFFIELD DIOCESAN BOARD OF FINANCE

Registered charity 245861 · accounts filings on the Charity Commission register · also known as DIOCESE OF SHEFFIELD, THE SHEFFIELD DIOCESAN TRUST AND BOARD OF FINANCE

To promote, facilitate and assist with the work and purposes of the Church of England for the advancement of the Christian faith and other charitable work in the Diocese of Sheffield or its successor diocese and elsewhere.

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

Latest income
£12.1m
Latest spending
£12.8m
Registered
1965
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Diocese ran an operational deficit of £1.0m in 2024, which was substantially lower than the budgeted £2.1m, primarily due to slower-than-expected clergy recruitment. Despite this deficit, unrestricted general funds decreased from £6.7m to £5.5m, with free reserves standing at £3.8m at year-end, supported by investment gains and the retention of fixed assets.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient level to ensure financial resilience and sustainability... for at least the next financial year (held: £3.8m)
“Our priority is to maintain Free Reserves at a sufficient level to ensure financial resilience and sustainability, including mitigating against key risks identified in our risk register for at least the next financial year.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The SDBF pays a donation to the Archbishops' Council based on an apportionment system for funding national training and activities.
“The Archbishops’ Council to which the Diocese pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod.” — page 11
“The Archbishop's Council and National Church Institutions from which the SDBF receives grants and which acts on behalf of clergy with HM Revenue and Customs. The SDBF also pays for clergy stipends through the Archbishop's Council.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The SDBF receives grants from the Archbishops' Council and pays clergy stipends through them.
“The Archbishops’ Council to which the Diocese pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod.” — page 11
“The Archbishop's Council and National Church Institutions from which the SDBF receives grants and which acts on behalf of clergy with HM Revenue and Customs. The SDBF also pays for clergy stipends through the Archbishop's Council.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The SDBF pays retirement benefit contributions to the Church of England Pensions Board.
“The Archbishops’ Council to which the Diocese pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod.” — page 11
“The Archbishop's Council and National Church Institutions from which the SDBF receives grants and which acts on behalf of clergy with HM Revenue and Customs. The SDBF also pays for clergy stipends through the Archbishop's Council.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

219 registered titles in England and Wales held by the charity’s company or corporate body (209 freehold); recorded price paid £6.3m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£12.1m
Total spending
£12.8m
Cost of raising funds
£57k
Reserves (reported)
£3.6m
Employees
98

Reported reserves equal ~3.4 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (86% 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: 0.5% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Barnsley · Doncaster · Rotherham · Sheffield City

Income and spending

Financial year endIncomeSpending
31/12/2025£12.1m£12.8m
31/12/2024£10.1m£11.7m
31/12/2023£10.1m£11.7m
31/12/2022£9.9m£11.0m
31/12/2021£10.3m£10.0m

Common questions

Is SHEFFIELD DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2024 accounts: The accounts state that the Diocese ran an operational deficit of £1.0m in 2024, which was substantially lower than the budgeted £2.1m, primarily due to slower-than-expected clergy recruitment. Despite this deficit, unrestricted general funds decreased from £6.7m to £5.5m, with free reserves standing at £3.8m at year-end, supported by investment gains and the retention of fixed assets. Its FY2024 accounts were audited by Saffery LLP.

Who funds SHEFFIELD DIOCESAN BOARD OF FINANCE?

Funders whose own accounts filings name SHEFFIELD DIOCESAN BOARD OF FINANCE as a grant recipient include THE ARCHBISHOPS' COUNCIL, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, SPROTBROUGH WITH ST EDMUND, ANCHORAGE LANE, CHRIST CHURCH ENDCLIFFE CIO.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ARCHBISHOPS' COUNCILFY2025£15.5mDiocesan Investment Programme (DIP) - A Younger Church / A More Diverse Church
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, SPROTBROUGH WITH ST EDMUND, ANCHORAGE LANEFY2021£45kParish Share contribution
CHRIST CHURCH ENDCLIFFE CIOFY2024£2kMission support
CHRIST CHURCH ENDCLIFFE CIOFY2025£2kMission support
CHRIST CHURCH ENDCLIFFE CIOFY2023£2kMission support
CHRIST CHURCH ENDCLIFFE CIOFY2022£2kMission allocation

Government & lottery funding

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

FunderDateAmountPurpose
UK government20/04/2023£38kRapid assessment of fabric performance: historic buildings
UK government20/04/2023£38kRapid assessment of fabric performance: historic buildings
UK government01/04/2020£18kDevolved Formula Capital - Local Authority & Voluntary Aided Sector Recipients
The National Lottery Community Fund20/09/2005£199kDAWN
The National Lottery Heritage Fund13/02/2001£85k"All Hallows' Church Schoolroom - Harthill"
The National Lottery Heritage Fund10/06/1997£52k"Holy Trinity Church, Sheffield"

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.

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SHEFFIELD DIOCESAN BOARD OF FINANCE£12.1m——unclear—no doubt
THE SALISBURY DIOCESAN BOARD OF FINANCE FY2024£13.9m——below—no doubt
THE BATH AND WELLS DIOCESAN BOARD OF FINANCE FY2024£17.0m——below—no doubt
GUILDFORD DIOCESAN BOARD OF FINANCE FY2024£15.7m——unclear—no doubt
THE NEWCASTLE DIOCESAN BOARD OF FINANCE FY2025£8.1m——above—no doubt
THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED) FY2024£17.0m——unclear—no doubt

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