PORTSMOUTH DIOCESAN BOARD OF FINANCE

Registered charity 249256 · accounts filings on the Charity Commission register

Church of England

Objects

TO PROMOTE, AID AND FURTHER THE WORK AND PURPOSES OF THE CHURCH OF ENGLAND IN THE DIOCESE OF PORTSMOUTH.

Area of benefit: DIOCESE OF PORTSMOUTH

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Portsmouth, South East, England (from the postcode on the register)

Latest income
£9.4m
Latest spending
£10.8m
Registered
1966
Accounts read
FY2025

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.

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

What the accounts disclose

Reserves policy: three to six months of parish share requested (reserves figure: £2.5m)
“The Trustees aim to maintain between 3 and 6 months.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: PDBF incurred costs of £175 for auditor appointment expertise from trustee John Gwynn.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: PDBF received funding of £190,468 from DBE.
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe UK LLP. Discloses 5 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

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)

238 registered titles in England and Wales held by the charity’s company or corporate body (230 freehold); recorded price paid £6.0m. 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
£9.4m
Total spending
£10.8m
Cost of raising funds
£39k
Reserves (reported)
£100.8m
Employees
46

Reported reserves equal ~112.4 months of spending — in the top quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (77% 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: 0.4% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Hampshire · Isle Of Wight

Income and spending

Financial year endIncomeSpending
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

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

FunderDateAmountPurpose
The National Lottery Heritage Fund14/06/2013£138k"Essential repairs, to roof guttering and stonework"

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 ST MARGARET'S CHURCH CHIPSTEAD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PORTSMOUTH DIOCESAN BOARD OF FINANCE£9.4m—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARGARET'S CHURCH CHIPSTEAD FY2025£193k—0unclear—no doubt
THE PETERBOROUGH DIOCESAN BOARD OF FINANCE FY2025£10.1m——above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ORPINGTON FY2025£224k—0above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND ST PETER FY2025£193kUnder £50,0000unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EMMANUEL, SOUTH CROYDON FY2025£682k—0within—no doubt

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