PORTSMOUTH DIOCESAN BOARD OF FINANCE
Church of England
Objects
TO PROMOTE, AID AND FURTHER THE WORK AND PURPOSES OF THE CHURCH OF ENGLAND IN THE DIOCESE OF PORTSMOUTH.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £1,349k for the year, driven by inflationary pressures and structural deficits in the diocese. However, the overall surplus after asset revaluations was £1,841k, and the trustees confirmed the charity is a going concern with adequate resources to continue operations.
What the accounts disclose
“The Trustees aim to maintain between 3 and 6 months.” — page 12
“During the year, PDBF incurred costs of £175 for the provision of expertise in relation to the appointment of new auditors by John Gwynn, a trustee. This amount was outstanding at 31 December 2025 and is included in accruals.” — page 59
“The Portsmouth and Winchester Diocesan Board of Education (DBE) shares trustees with PDBF and provides funding to the charity for its operations. Funding provided in the year totalled £190,468 (2024: £86,666).” — page 59
“During the year, PDBF incurred costs of £175 for the provision of expertise in relation to the appointment of new auditors by John Gwynn, a trustee. This amount was outstanding at 31 December 2025 and is included in accruals.” — page 59
“The Portsmouth and Winchester Diocesan Board of Education (DBE) shares trustees with PDBF and provides funding to the charity for its operations. Funding provided in the year totalled £190,468 (2024: £86,666).” — page 59
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- 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
- Volunteer management
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: 4 (£60,001–£70,000: 2; £70,001–£80,000: 1; £80,001–£90,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 3 (£60,001–£70,000: 2; £80,001–£90,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £80,001–£90,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
Leadership, per the charity’s website
- Bishop Jonathan — Bishop of Portsmouth
- Philip Poulter — Diocesan Secretary
- Emily Hassan — Head of Safeguarding (DSO)
- Elaine Coe — Head of Finance
- Jeff Williams — Diocesan Director of Education
- Rev Andrew Hargreaves — Director of Ministry and Discipleship
- Canon Nick Ralph — Executive Director, Council for Social Responsibility
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- The Right Revd Jonathan Hugh Frostchair
- Adrian Jordan
- Amy Victoria Adeniran
- Barry Dugmore
- CANON DEBBIE SUTTON
- Canon Lucy Docherty
- Coleen Rachel Jackson
- Martin Charles Andrew How
- Neil Roy Chrimes
- Oyinlolu Alonge
- Peter John Gywnn
- Philip Poulter
- REV ROBERT CHARLES WHITE
- Rev David Morgan
- Rev James Hunt
- Rev Kathryn Percival
- Rev Ray Driscoll
- Simon Lemieux
- Steven Smart
- The Very Revd D Anthony Cane
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £9.4m | £10.8m |
| 31/12/2024 | £8.3m | £8.8m |
| 31/12/2023 | £8.1m | £8.5m |
| 31/12/2022 | £8.5m | £8.1m |
| 31/12/2021 | £8.6m | £7.6m |
Common questions
Is PORTSMOUTH DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £1,349k for the year, driven by inflationary pressures and structural deficits in the diocese. However, the overall surplus after asset revaluations was £1,841k, and the trustees confirmed the charity is a going concern with adequate resources to continue operations. Its FY2025 accounts were audited by Crowe UK LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 14/06/2013 | £138k | "Essential repairs, to roof guttering and stonework" |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S CHURCH CHIPSTEAD
- THE PETERBOROUGH DIOCESAN BOARD OF FINANCE
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PORTSMOUTH DIOCESAN BOARD OF FINANCE | £9.4m | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S CHURCH CHIPSTEAD | £193k | — | 0 | unclear | — | no doubt |
| THE PETERBOROUGH DIOCESAN BOARD OF FINANCE | £10.1m | — | — | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ORPINGTON | £224k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND ST PETER | £193k | Under £50,000 | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EMMANUEL, SOUTH CROYDON | £682k | — | 0 | within | — | no doubt |