THE LEICESTER DIOCESAN BOARD OF FINANCE

Registered charity 249100 · accounts filings on the Charity Commission register

The activities of Leicester Diocese are wide but its primary activity is to support the clergy of the Diocese through the payment of stipends, the management and maintenance of parsonages and other ministerial housing and provide other facilities and resources in support of the ministry of both clergy and lay people across the Diocese.

Causes: Accommodation/housing · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£10.0m
Latest spending
£11.4m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Diocese experienced an operating deficit of £1.73m for the year ended 31 December 2025, driven by structural costs that exceed income. Per the trustees' report, the Diocese holds unrestricted free reserves of £8.26m, which exceeds the stated policy target of three months' budgeted expenditure, providing a buffer against the anticipated deficits until a balanced budget is targeted for 2028.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months budgeted expenditure for 2026 (held: £8.3m)
“the Trustees’ policy is to hold a minimum balance of readily realisable assets in the general fund equivalent to at least three months budgeted expenditure for 2026. At 31 December 2025 the amount required under this policy totalled £2.58m” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: St Martins Hospitality Ltd
“These accounts are consolidated as they contain the results of St Martins Hospitality Ltd. St Martins Hospitality Ltd. started trading on 1 January 2024 having been incorporated in November 2023.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac 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)

225 registered titles in England and Wales held by the charity’s company or corporate body (222 freehold); recorded price paid £8.2m. 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 31/12/2025)

Total income
£10.0m
Total spending
£11.4m
Cost of raising funds
£166k
Reserves (reported)
£8.3m
Employees
70

Reported reserves equal ~8.7 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (63% 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: 1.7% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leicester City · Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2025£10.0m£11.4m
31/12/2024£10.8m£12.3m
31/12/2023£10.7m£12.6m
31/12/2022£11.0m£12.0m
31/12/2021£10.9m£11.9m

Common questions

Is THE LEICESTER DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2025 accounts: The accounts state that the Diocese experienced an operating deficit of £1.73m for the year ended 31 December 2025, driven by structural costs that exceed income. Per the trustees' report, the Diocese holds unrestricted free reserves of £8.26m, which exceeds the stated policy target of three months' budgeted expenditure, providing a buffer against the anticipated deficits until a balanced budget is targeted for 2028. Its FY2025 accounts were audited by HaysMac LLP.

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2024£14kLeicester Diocese Historic Churches Support Officer
UK government01/04/2023£38kLeicester Diocese Historic Churches Support Officer
UK government01/04/2022£46kLeicester Diocese Historic Churches Support Officer
UK government01/04/2021£23kLeicester Diocese Historic Churches Support Officer
UK government01/12/2020£19kSt Leonard, Holwell
The National Lottery Community Fund04/05/2018£10kUpgrading of facilities within the church of ST Andrews
The National Lottery Heritage Fund21/06/2017£18k""Let the Bells Ring Out": St Denys Church Ringing and Restoration Project"
The National Lottery Community Fund20/11/2009£10kThorpe Langton Church Community Improvement Scheme
The National Lottery Heritage Fund18/12/2007£50k"Saving of the Oxford and Cambridge building and restoration of the HA-HA at Launde Abbey"
The National Lottery Community Fund11/10/2006£60kCafé Venue (Kool Klub)

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

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LEICESTER DIOCESAN BOARD OF FINANCE£10.0m——above—no doubt
THE COVENTRY DIOCESAN BOARD OF FINANCE LTD FY2024£11.0m——below—no doubt
THE LIVERPOOL DIOCESAN BOARD OF FINANCE FY2024£15.8m——above—no doubt
THE CHELMSFORD DIOCESAN BOARD OF FINANCE FY2025£23.0m——below—no doubt
THE SALISBURY DIOCESAN BOARD OF FINANCE FY2024£13.9m——below—no doubt
THE CHESTER DIOCESAN BOARD OF FINANCE FY2024£15.0m——unclear—no doubt

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