THE COVENTRY DIOCESAN BOARD OF FINANCE LTD

Registered charity 247828 · accounts filings on the Charity Commission register · also known as COVENTRY DIOCESE - DIOCESE OF COVENTRY

The activities of the Coventry Diocesan Board of Finance Limited are wide but its primary activity is to support the clergy of the Diocese through the payment of stipends, the management and maintenance of parsonages and other ministerial housing and provide training and other support to both clergy and lay people in parishes across the Diocese.

Objects

TO PROMOTE AND ASSIST THE WORK OBJECTS PURPOSES AND MINISTRY OF THE CHURCH OF ENGLAND FOR THE ADVANCEMENT OF THE CHRISTIAN RELIGION IN THE DIOCESE OF COVENTRY. FOR FURTHER DETAILS PLEASE REFER TO CLAUSE 3 OF THE MEMORANDUM.

Area of benefit: DIOCESE OF COVENTRY

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Coventry, West Midlands, England (from the postcode on the register)

Latest income
£9.8m
Latest spending
£13.1m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Coventry Diocesan Board of Finance reported a deficit of £3.3m before investment losses for the year ended 31 December 2025, resulting in a net decrease in total funds to £97.4m. Despite the operating deficit, the charity holds unrestricted funds of £18.1m, with net current assets of £5.1m, which the trustees note is well above their stated reserves policy target of two and a half to three and a half months' operating costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.

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

What the accounts disclose

Largest income source: Parish Share (52% of income)
“The principal sources of funding in 2025 came from Parish Share £5.1m, 52%” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: two and a half to three and a half months' worth of operating costs (reserves figure: £18.1m)
“During 2025, the policy was to ensure the General Fund remained within a range equivalent to two and a half to three and a half months' worth of operating costs”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Coventry Diocesan Board of Education (the DBE) is a related party as it is responsible to Diocesan Synod, the members of which are also the members of the DBF. The DBF provided the DBE with grants of £177,000 (2024: £169,004) in the year towards the costs of the DBE’s statutory obligations.
“The DBF provided the DBE with grants of £177,000 (2024: £169,004) in the year towards the costs of the DBE’s statutory obligations.” — page 50
“Grants of £103,768 were awarded in the year of this £63k related to LINC Camphill project (2024: £100,00).” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Together for Change (TFC) is a partner charity supported by the DBF and the Church Urban Fund. Costs incurred by the DBF as part of this partnership include the supply of a Chief Executive Officer, office and IT provision, and finance and HR services. Grants of £103,768 were awarded in the year of this £63k related to LINC Camphill project (2024: £100,00).
“The DBF provided the DBE with grants of £177,000 (2024: £169,004) in the year towards the costs of the DBE’s statutory obligations.” — page 50
“Grants of £103,768 were awarded in the year of this £63k related to LINC Camphill project (2024: £100,00).” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: There was a grant to Coventry Cathedral for £150,000 in 2025 (2024 : £150,000). Coventry Cathedral is a related partner as CDBF's trustee the Very Reverend John Witcombe, is the Dean of Coventry.
“The DBF provided the DBE with grants of £177,000 (2024: £169,004) in the year towards the costs of the DBE’s statutory obligations.” — page 50
“Grants of £103,768 were awarded in the year of this £63k related to LINC Camphill project (2024: £100,00).” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CDBF invoiced TFC for £3,733 in 2025 (2024: £1,437)
“The DBF provided the DBE with grants of £177,000 (2024: £169,004) in the year towards the costs of the DBE’s statutory obligations.” — page 50
“Grants of £103,768 were awarded in the year of this £63k related to LINC Camphill project (2024: £100,00).” — page 50
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Volunteers: 418
  • Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £90,001–£100,000: 1)
  • Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit

Self-declared on the annual return for the financial year ending 31/12/2024

  • Volunteers: 418
  • Employees paid over £60,000: 3 (£60,001–£70,000: 2; £80,001–£90,000: 1)
  • Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit

Self-declared on the annual return for the financial year ending 31/12/2023

  • Volunteers: 418
  • Employees paid over £60,000: 5 (£60,001–£70,000: 2; £70,001–£80,000: 1; £80,001–£90,000: 2)
  • Trustee benefits, answered Yes to: any trustee benefit

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

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.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

153 registered titles in England and Wales held by the charity’s company or corporate body (149 freehold); recorded price paid £15.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

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

Total income
£9.8m
Total spending
£13.1m
Cost of raising funds
£661k
Reserves (reported)
£5.1m
Employees
49

Reported reserves equal ~4.7 months of spending — below the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (69% 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: 6.8% of total income — above the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Coventry City · Warwickshire

Income and spending

Financial year endIncomeSpending
31/12/2025£9.8m£13.1m
31/12/2024£11.0m£12.2m
31/12/2023£10.3m£11.7m
31/12/2022£11.1m£12.1m
31/12/2021£9.4m£9.7m

Common questions

Is THE COVENTRY DIOCESAN BOARD OF FINANCE LTD financially healthy?

Per its FY2025 accounts: The accounts state that the Coventry Diocesan Board of Finance reported a deficit of £3.3m before investment losses for the year ended 31 December 2025, resulting in a net decrease in total funds to £97.4m. Despite the operating deficit, the charity holds unrestricted funds of £18.1m, with net current assets of £5.1m, which the trustees note is well above their stated reserves policy target of two and a half to three and a half months' operating costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds THE COVENTRY DIOCESAN BOARD OF FINANCE LTD?

Funders whose own accounts filings name THE COVENTRY DIOCESAN BOARD OF FINANCE LTD as a grant recipient include TOGETHER FOR CHANGE COVENTRY AND WARWICKSHIRE.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
TOGETHER FOR CHANGE COVENTRY AND WARWICKSHIREFY2021£30kCore costs / General Fund

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund09/07/2026£19kChurchyard Biodiversity Citizen Science project - Diocese of Coventry
The National Lottery Heritage Fund27/11/2024£195k"Churchyard Biodiversity and Heritage Project"
UK government15/12/2020£1kSt Peter's Mancetter
UK government15/12/2020£3kSt Peter's Mancetter
The National Lottery Community Fund07/09/2016£10kSt Marys Friendship Club
The National Lottery Heritage Fund26/03/2013£72k"Edgehill Visitor Hub"
The National Lottery Community Fund04/12/2009£2kThe Efficient Kitchen of St Barbara's Church
The National Lottery Heritage Fund11/04/2006£50k"Visitor Strategy Development Project (3 Year Project)"

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 ARCHBISHOPS' COUNCIL1£2.4m
CULHAM ST GABRIEL'S TRUST1£14k
THE FORTE CHARITABLE FOUNDATION1£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COVENTRY DIOCESAN BOARD OF EDUCATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE COVENTRY DIOCESAN BOARD OF FINANCE LTD£9.8m——above—no doubt
COVENTRY DIOCESAN BOARD OF EDUCATION FY2025£491k—0within—no doubt
THE EXETER DIOCESAN BOARD OF FINANCE FY2025£18.8m——above—no doubt
ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE FY2025£11.1m——unclear—no doubt
THE LEICESTER DIOCESAN BOARD OF FINANCE FY2025£10.0m——above—no doubt
THE CHICHESTER DIOCESAN FUND AND BOARD OF FINANCE (INCORPORATED) FY2025£21.6m——within—no doubt

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