ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE
Registered charity 248919 · accounts filings on the Charity Commission register
1. Training for, and maintenance of the ministry.2. Building, alteration and repair of properties in connection with the Board's objects.3. Religious education.4. Provision of central organisation.
Causes: Education/training · Religious Activities · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £249k for the year, primarily due to higher expenditure on restricted funds and a decline in parish share collection rates to 83.3%. While unrestricted net current assets of £815k are substantially below the stated reserves policy target of £1,292k, the trustees remain confident in the charity's ability to continue as a going concern based on approved budgets and cash flow forecasts.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £815k; policy: six weeks’ worth of budgeted costs – £1,292k)
“As per note 24, unrestricted net current assets are £815k (2023: net current assets of £536k) – substantially below the stated requirement.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Churchgates 2000 Limited
“The DBF has one wholly owned active subsidiary, Churchgates 2000 Limited, whose assets and liabilities are consolidated into the Stipends Capital Fund” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Larking Gowen LLP. Discloses 4 of 6 completeness components.
Leadership, per the charity’s website
- The Revd Canon Sharron Coburn — Director of Mission and Ministry (source)
- The Revd Canon Stuart Batten — Diocesan Director of Ordinands (source)
- Jane Sheat — Diocesan Director of Education (source)
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)
187 registered titles in England and Wales held by the charity’s company or corporate body (175 freehold); recorded price paid £4.4m. 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
£260k
Reported reserves equal ~1.5 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 (80% 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: 2.6% of total income — below the median for charities its size (3.8%) (benchmarks).
Register events
- Received assets from another charity (08/07/2013) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (11/09/2012) — 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: Essex · Suffolk
Income and spending
Common questions
Is ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £249k for the year, primarily due to higher expenditure on restricted funds and a decline in parish share collection rates to 83.3%. While unrestricted net current assets of £815k are substantially below the stated reserves policy target of £1,292k, the trustees remain confident in the charity's ability to continue as a going concern based on approved budgets and cash flow forecasts. Its FY2024 accounts were audited by Larking Gowen 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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.