THE CHESTER DIOCESAN BOARD OF FINANCE
Registered charity 248968 · accounts filings on the Charity Commission register
Church of England Diocesan Board of Finance. Funding of clergy stipends, housing, pensions. Advice to clergy and parishes.
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 expenditure of £1,145k for the year, contrasting with a net income of £714k in the prior period. Per the trustees' report, unrestricted free reserves stood at £3m, which the Board considers adequate to maintain cash flow given the voluntary nature of its income. The charity relies heavily on parish share contributions, which stabilized at approximately 87% collection, to fund its primary commitments to clergy stipends and housing.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Accounts audited by HaysMac LLP. Discloses 3 of 6 completeness components.
Property (HM Land Registry)
282 registered titles in England and Wales held by the charity’s company or corporate body (256 freehold); recorded price paid £14.0m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£117k
Reported reserves equal ~2.2 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 (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: 0.8% of total income — below the median for charities its size (3.8%) (benchmarks).
Register events
- Received assets from another charity (18/07/2016) — 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: Throughout England
Income and spending
Common questions
Is THE CHESTER DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £1,145k for the year, contrasting with a net income of £714k in the prior period. Per the trustees' report, unrestricted free reserves stood at £3m, which the Board considers adequate to maintain cash flow given the voluntary nature of its income. The charity relies heavily on parish share contributions, which stabilized at approximately 87% collection, to fund its primary commitments to clergy stipends and housing. Its FY2024 accounts were audited by HaysMac 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 COVENTRY DIOCESAN BOARD OF FINANCE LTD.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.