THE OXFORD DIOCESAN BOARD OF FINANCE
Registered charity 247954 · accounts filings on the Charity Commission register
In summary the charity's aims are to promote the work and purposes of the Church of England for the advancement of the Christian religion in the Diocese of Oxford and elsewhere.
Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £2.6m for the year, driven by a £6.1m net expenditure on charitable activities which was partially offset by £3.6m in investment and revaluation gains. Free reserves stood at £7.26m, which the trustees note was equivalent to 3.1 months of gross expenditure, falling short of their stated policy target of three months. The charity holds substantial net assets of £522m, primarily in tangible fixed assets and investments, while maintaining a surplus in its defined benefit pension schemes.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months gross expenditure from general funds (held: £7.3m)
“the target general reserves at 1 January each year should be equivalent to three months gross expenditure from general funds in the forthcoming year.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants made to ODBE
“Grants made to ODBE 292”
“DBF recharged ODBE for accounting, company secretarial, human resources, ICT, premises administrative services totalling £190K in 2024”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: ODBE recharges for services
“Grants made to ODBE 292”
“DBF recharged ODBE for accounting, company secretarial, human resources, ICT, premises administrative services totalling £190K in 2024”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Diocesan Trustees (Oxford) Limited
“DT(O)L is a subsidiary of ODBF but are not consolidated on the grounds that they are not material”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
405 registered titles in England and Wales held by the charity’s company or corporate body (397 freehold); recorded price paid £42.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£900k
Reported reserves equal ~2.6 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 (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: 3.2% of total income — below the median for charities its size (3.8%) (benchmarks).
Register events
- Received assets from another charity (22/05/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Bracknell Forest · Buckinghamshire · Milton Keynes · Oxfordshire · Reading · Slough · West Berkshire · Windsor And Maidenhead · Wokingham
Income and spending
Common questions
Is THE OXFORD DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net decrease in funds of £2.6m for the year, driven by a £6.1m net expenditure on charitable activities which was partially offset by £3.6m in investment and revaluation gains. Free reserves stood at £7.26m, which the trustees note was equivalent to 3.1 months of gross expenditure, falling short of their stated policy target of three months. The charity holds substantial net assets of £522m, primarily in tangible fixed assets and investments, while maintaining a surplus in its defined benefit pension schemes. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with TRINITY CHURCH OXFORD.
Side by side with its peers
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