THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED
Latest income
£15.9m
Latest spending
£14.7m
Registered
1966
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity achieved an operational surplus of £0.835m on unrestricted funds, with total group income decreasing slightly to £15.86m. Free reserves stood at £8.1m, which is in excess of the stated policy target of £4.4m, providing a buffer against income risks such as Parish Share receipts.
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000 — below the median for charities its size (£125k)
“There were 2 employees whose salary was in excess of £60,000 – one in the band £60,000 to £70,000 and one in the band £70,000 to £80,000” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“There were 2 employees whose salary was in excess of £60,000” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £4.4m (held: £8.1m)
“The level of free reserves required for this policy is £4.4m.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Goods and services from Blackburn Cathedral
“During the year, the Blackburn Diocesan Board of Finance Ltd bought goods and services from Blackburn Cathedral amounting to £40,323 (2023 £17,707).” — page 54
“Grants made to Emmanuel Theological College from the BDBF during the year amounted to £30,000 (2023 £10,000). During the year, the BDBF paid £18,284 to ETC for training of readers and ordinands (2023 £133,246).” — page 54
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants and payments to Emmanuel Theological College
“During the year, the Blackburn Diocesan Board of Finance Ltd bought goods and services from Blackburn Cathedral amounting to £40,323 (2023 £17,707).” — page 54
“Grants made to Emmanuel Theological College from the BDBF during the year amounted to £30,000 (2023 £10,000). During the year, the BDBF paid £18,284 to ETC for training of readers and ordinands (2023 £133,246).” — page 54
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Recharges from Cidari Education Ltd
“During the year, the Blackburn Diocesan Board of Finance Ltd bought goods and services from Blackburn Cathedral amounting to £40,323 (2023 £17,707).” — page 54
“Grants made to Emmanuel Theological College from the BDBF during the year amounted to £30,000 (2023 £10,000). During the year, the BDBF paid £18,284 to ETC for training of readers and ordinands (2023 £133,246).” — page 54
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Top pay band moved from £70,000 - £80,000 (FY2023) to £70,001 - £80,000 (FY2024).
Corporate structure
- Registered company of the charity Companies House 00225457
Leadership, per the charity’s website
- Bishop Philip North — Bishop of Blackburn
- Rev. Steve Haskett — Director of Mission
- Lisa Moncur — Registrar
Structured financials (annual return, FY ending 31/12/2024)
Total income
£15.9m
Total spending
£14.7m
Cost of raising funds
£322k
Reserves (reported)
£8.1m
Employees
71
Register events
- Received assets from another charity (06/06/2024)
Trustees
- Rev Paul David Howardchair
- DAVID JOHN WILKINSON
- Damian Porter Rev'd
- David Paul Gascoigne
- Hannah Lockwood
- Jacqueline Mary Stamper
- John Cowell
- Melvyn Gardner
- Paul Ronson
- ROBERT JOHN COLLINS
- Rana Shihadah-Davidson
- Rev David Alex Craven
- Rev FLEUR ESTELLE GREEN
- Rev Joanne Sarah Smith
- Rev Munawar Din
- Rev PETER ANDREW LILLICRAP
- Rev PETER HOWELL-JONES
- Rt Rev Jillian Louise Calland Duff
- Ruth Kathleen Haldane
- Simon Acomb
- The Revd Canon Andrew Stuart Horsfall
- The Rt Revd Dr Joseph Kennedy
- The Rt Revd Philip John North
- The Ven David Anthony Picken
- The Ven Jane Louise Atkinson
- Wendy Ann Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £15.9m | £14.7m |
| 31/12/2023 | £16.3m | £14.8m |
| 31/12/2022 | £17.0m | £15.1m |
| 31/12/2021 | £13.5m | £12.9m |
| 31/12/2020 | £12.9m | £11.6m |
Common questions
Is THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED financially healthy?
The accounts state that the charity achieved an operational surplus of £0.835m on unrestricted funds, with total group income decreasing slightly to £15.86m. Free reserves stood at £8.1m, which is in excess of the stated policy target of £4.4m, providing a buffer against income risks such as Parish Share receipts. Its FY2024 accounts were audited by BHP LLP.
What does the highest-paid employee of THE BLACKBURN DIOCESAN BOARD OF FINANCE LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEWCASTLE DIOCESAN SOCIETY | 1 | £22k |