THE BRISTOL DIOCESAN BOARD OF FINANCE LIMITED
Registered charity 248502 · accounts filings on the Charity Commission register
The primary objective is to promote and assist the work and purposes of the Church of England in the Diocese of Bristol.
Causes: Religious Activities · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that net assets decreased by £2.9m to £71.6m, driven by a net operational deficit of £4.1m which was partially offset by £1.2m in net capital gains on investments. The trustees report that unrestricted funds of £17m are sufficient to meet the stated reserves policy target of approximately £3.2m, representing three months of general fund expenditure.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of general fund expenditure (approximately £3.2m) (held: £17.0m)
“The required reserves figure (based on the first two levels above) is estimated to equate to at least three months of general fund (designated and undesignated) expenditure and would amount to approximately £3.2m.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Church of England Pension Board (CEPB) pension payments
“The Church of England Pension Board (CEPB) has a shared trustee in Trudie Wigley. In 2024 BDBF paid the CEPB £1.2m in payment for pensions” — page 54
“BDBF paid Bristol Cathedral £6,737 contribution towards Racial Justice and All Gods Children work and £90 for meeting refreshments” — page 53
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Bristol Cathedral transactions
“The Church of England Pension Board (CEPB) has a shared trustee in Trudie Wigley. In 2024 BDBF paid the CEPB £1.2m in payment for pensions” — page 54
“BDBF paid Bristol Cathedral £6,737 contribution towards Racial Justice and All Gods Children work and £90 for meeting refreshments” — page 53
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Church Commissioners interest payments
“The Church of England Pension Board (CEPB) has a shared trustee in Trudie Wigley. In 2024 BDBF paid the CEPB £1.2m in payment for pensions” — page 54
“BDBF paid Bristol Cathedral £6,737 contribution towards Racial Justice and All Gods Children work and £90 for meeting refreshments” — page 53
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
247 registered titles in England and Wales held by the charity’s company or corporate body (236 freehold); recorded price paid £8.3m. 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 31/12/2024)
Cost of raising funds
£146k
Reserves (reported)
£17.0m
Reported reserves equal ~15.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (79% 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: 1.5% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (06/07/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (06/10/2016) — 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: Bath And North East Somerset · Bristol City · North Somerset · South Gloucestershire · Swindon · Wiltshire
Income and spending
Common questions
Is THE BRISTOL DIOCESAN BOARD OF FINANCE LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that net assets decreased by £2.9m to £71.6m, driven by a net operational deficit of £4.1m which was partially offset by £1.2m in net capital gains on investments. The trustees report that unrestricted funds of £17m are sufficient to meet the stated reserves policy target of approximately £3.2m, representing three months of general fund expenditure. Its FY2024 accounts were audited by HaysMac LLP.
Who funds THE BRISTOL DIOCESAN BOARD OF FINANCE LIMITED?
Funders whose own accounts filings name THE BRISTOL DIOCESAN BOARD OF FINANCE LIMITED as a grant recipient include BRISTOL ECCLESIASTICAL CHARITY.
Shared trustees with funders
Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.
Known funders
Grants to this charity found in funders’ own accounts filings.
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with GUILDFORD DIOCESAN BOARD OF FINANCE.
Side by side with its peers
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