THE LEICESTER DIOCESAN BOARD OF FINANCE
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.
Objects
The Objects for which the DBF is established are:To promote, aid, and further the objects and work of the Church of England as at present constituted or as hereafter it may be constituted, and more particularly in the Diocese of Leicester (hereinafter called ?the Diocese?) for that purpose to do and carry out or assist in doing or carrying out all such matters and things as are likely to promote or help any of the said objects or work, and in particular to assist by grants, subscriptions, or payments of money or otherwise all or any of the following departments of work:- Training for the ministry and work of such Church.- Maintenance of the clergy and other persons connected with the ministry and work of such Church.- Provisions of pensions for and the support, assistance, and benefit of ministers, teachers, and workers of such Church, and of persons who have previously held any such positions, and, where such persons are deceased, their surviving partners, spouses, descendants and dependents.- Purchase, improvement and repair of houses for such clergy and other persons connected with the ministry and work of such Church.- The provision of sites for and the erection, purchase, equipment, endowment, maintenance, insurance, enlargement, alteration, and repair of churches, chapels, churchyards, burial grounds, and of buildings of all kinds, with or without gardens, or other grounds, used or to be used for the purposes of or in connection with any work of such Church.- Education of the young, and in particular their religious education.- Provision for the Cathedral.- The expenses of any organisation or work carried on wholly or partially by the DBF or by the Central Board of Finances for the Church of England. With such additions to the departments aforesaid as from time to time may be expedient for the furthering of the work and influence of such Church.To promote, aid, and further (in such matter as may be approved and sanctioned by the Bishop for the time being) the objects and work of any mission, church, or body of Christians in communion with the Church of England in any part of the world.
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.
What the accounts disclose
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Employees paid over £60,000: 8 (£60,001–£70,000: 4; £70,001–£80,000: 2; £80,001–£90,000: 1; £90,001–£100,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 50
- Employees paid over £60,000: 7 (£60,001–£70,000: 3; £70,001–£80,000: 2; £80,001–£90,000: 1; £90,001–£100,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 10
- Employees paid over £60,000: 4 (£60,001–£70,000: 2; £70,001–£80,000: 1; £80,001–£90,000: 1)
- Has a trading subsidiary
Leadership, per the charity’s website
- Jonathan Kerry — Diocesan Secretary
- Andy Brockbank — Director of Operations and Governance
- Simon Wilson — Director of Finance
- Carolyn Shoyer — Director of Education
- Revd Dr Stuart Burns — Director of Parish Transition and Ministry Development Team
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (29/09/2016)
- Received assets from another charity (09/09/2016)
Trustees
- David John Palmerchair
- Ann Margaret Greenwood
- Dr Stephen Mark Gorton
- RT REVD MARTYN JAMES SNOW
- Rev Jitesh Krisnakant Patel
- Rev Stephen Andrew Bailey
- Right Reverend Malayil Lukose Varghese Muthalaly
- Sadie Estella Batstone
- Stephen Mark Adshead
- THE VENERABLE Claire Wood
- The Very Reverend Karen Sheila Frances Rooms
- Venerable Richard John Trethewey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2024 | £14k | Leicester Diocese Historic Churches Support Officer |
| UK government | 01/04/2023 | £38k | Leicester Diocese Historic Churches Support Officer |
| UK government | 01/04/2022 | £46k | Leicester Diocese Historic Churches Support Officer |
| UK government | 01/04/2021 | £23k | Leicester Diocese Historic Churches Support Officer |
| UK government | 01/12/2020 | £19k | St Leonard, Holwell |
| The National Lottery Community Fund | 04/05/2018 | £10k | Upgrading of facilities within the church of ST Andrews |
| The National Lottery Heritage Fund | 21/06/2017 | £18k | ""Let the Bells Ring Out": St Denys Church Ringing and Restoration Project" |
| The National Lottery Community Fund | 20/11/2009 | £10k | Thorpe Langton Church Community Improvement Scheme |
| The National Lottery Heritage Fund | 18/12/2007 | £50k | "Saving of the Oxford and Cambridge building and restoration of the HA-HA at Launde Abbey" |
| The National Lottery Community Fund | 10/12/2007 | £7k | Holy Trinity Church Hall Improvements |
| The National Lottery Community Fund | 11/10/2006 | £60k | Café Venue (Kool Klub) |
Funders of similar charities
Charities like this
- THE LONDON DIOCESAN FUND
- THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED)
- THE COVENTRY DIOCESAN BOARD OF FINANCE LTD
- THE CHICHESTER DIOCESAN FUND AND BOARD OF FINANCE (INCORPORATED)
- THE LIVERPOOL DIOCESAN BOARD OF FINANCE
- THE CHELMSFORD DIOCESAN BOARD OF FINANCE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LEICESTER DIOCESAN BOARD OF FINANCE | £10.0m | — | — | above | — | no doubt |
| THE LONDON DIOCESAN FUND | £47.0m | — | — | above | — | no doubt |
| THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED) | £17.7m | — | — | below | — | no doubt |
| THE COVENTRY DIOCESAN BOARD OF FINANCE LTD | £9.8m | — | — | above | — | no doubt |
| THE CHICHESTER DIOCESAN FUND AND BOARD OF FINANCE (INCORPORATED) | £21.6m | — | — | within | — | no doubt |
| THE LIVERPOOL DIOCESAN BOARD OF FINANCE | £14.6m | — | — | unclear | — | no doubt |