GUILDFORD DIOCESAN BOARD OF FINANCE

Registered charity 248245 · accounts filings on the Charity Commission register · also known as DIOCESE OF GUILDFORD

Our principal activity is to promote and assist the Church of England in spreading the gospel of Jesus Christ primarily in the Diocese of Guildford. We oversee the funding of the ministry within the Diocese, including the provision of housing and pensions; financing of a variety of support service activities; and the support of parishes and other related bodies.

Causes: Religious Activities · website · Get email alerts

Latest income
£15.7m
Latest spending
£16.3m
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £522,000 for the year, primarily driven by a clergy housing overspend. While the balance sheet shows strong net assets of £212.1 million, the trustees note that the financial stability of the organisation depends heavily on parish share receipts, which are under pressure due to declining regular givers and strained parish finances.

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

What the accounts disclose

Reserves policy: 25% of budgeted annual expenditure (held: £1.9m)
“the GDBF has set a minimum level of general free reserves, excluding fixed assets, of 25% of budgeted annual expenditure which for 2024 was £4.2m. The balance of reserves excluding fixed assets on the general fund at 31 December was £1.9m”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Guildford Diocesan Services Limited
“Guildford Diocesan Board of Finance has one wholly owned subsidiary, Guildford Diocesan Services Limited (GDSL) which has a share capital of £1. The trading activities of GDSL primarily consist of the supply of building project management and training services to church schools in the Diocese.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars 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)

362 registered titles in England and Wales held by the charity’s company or corporate body (340 freehold); recorded price paid £15.1m. 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 31/12/2024)

Total income
£15.7m
Total spending
£16.3m
Cost of raising funds
£561k
Reserves (reported)
£2.2m
Employees
58

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (83% 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: 3.6% 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: Hampshire · Kingston Upon Thames · Surrey

Income and spending

Financial year endIncomeSpending
31/12/2024£15.7m£16.3m
31/12/2023£14.5m£15.5m
31/12/2022£16.1m£14.9m
31/12/2021£15.0m£14.3m
31/12/2020£14.3m£13.6m

Common questions

Is GUILDFORD DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £522,000 for the year, primarily driven by a clergy housing overspend. While the balance sheet shows strong net assets of £212.1 million, the trustees note that the financial stability of the organisation depends heavily on parish share receipts, which are under pressure due to declining regular givers and strained parish finances. Its FY2024 accounts were audited by Forvis Mazars LLP.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund20/08/2004£5kdisabled toilet

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 DURHAM DIOCESAN BOARD OF FINANCE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GUILDFORD DIOCESAN BOARD OF FINANCE£15.7m——unclear—no doubt
THE DURHAM DIOCESAN BOARD OF FINANCE FY2025£12.5m£90,001 - £100,000—within—no doubt
THE GLOUCESTER DIOCESAN BOARD OF FINANCE FY2024£24.8m——below—no doubt
THE CHELMSFORD DIOCESAN BOARD OF FINANCE FY2025£23.0m——below—no doubt
THE NEWCASTLE DIOCESAN BOARD OF FINANCE FY2025£8.1m——above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS GUILDFORD FY2025£194k—0unclear—no doubt

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