THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED

Registered charity 249318 · accounts filings on the Charity Commission register · also known as DIOCESE OF NORWICH, THE MRS R J COLMAN TRUST

Norwich Diocesan Board of Finance Limited was set up to promote, facilitate and assist with the work of the Church of England for the advancement of the Christian faith in the Diocese of Norwich and elsewhere, providing resources for Ministry and Mission.

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

Latest income
£13.4m
Latest spending
£13.0m
Registered
1966
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating deficit of £77k for the year, which the trustees consider satisfactory given the context of rising costs and clergy vacancies. Free reserves stood at £6.3 million, exceeding the trustees' recommended policy target of approximately £4 million, providing a buffer against financial volatility.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Parish Share (81% of income)
“In 2024 the Diocese received a total of £6.7m in Parish Share, some 80.6% of the amount requested.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately £4 million (held: £6.3m)
“The Trustees have reviewed the reserves policy and recommend that the free reserves are approximately £4 million being four and a half months expenditure within the Capital and General fund and designated funds, including future stipend payments.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Board leases the Horstead Conference Centre to the Horstead Centre over a fifty year lease at £12 per annum. The market value of this rent is £18,000 per annum.
“The Board leases the Horstead Conference Centre to the Horstead Centre over a fifty year lease at £12 per annum. The market value of this rent is £18,000 per annum. During the year £5,660 was recharged to Norwich Diocesan Board of Finance Limited by the Horstead Centre in respect of event costs (2023: £3,914), with £Nil outstanding at the year end (2023: £3,003). Nothing was charged to the Horstead Centre by the Board in 2024 (2023: £Nil). ”
“During the year Norwich Diocesan Board of Finance Limited made payments to the Archbishops’ Council for stipends, national insurance and pension contributions of the licensed clergy who are Trustees and provided houses, including the payment of council tax and maintenance costs, as part of normal clergy remuneration.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Board made payments to the Archbishops’ Council for stipends, national insurance and pension contributions of the licensed clergy who are Trustees and provided houses, including the payment of council tax and maintenance costs, as part of normal clergy remuneration.
“The Board leases the Horstead Conference Centre to the Horstead Centre over a fifty year lease at £12 per annum. The market value of this rent is £18,000 per annum. During the year £5,660 was recharged to Norwich Diocesan Board of Finance Limited by the Horstead Centre in respect of event costs (2023: £3,914), with £Nil outstanding at the year end (2023: £3,003). Nothing was charged to the Horstead Centre by the Board in 2024 (2023: £Nil). ”
“During the year Norwich Diocesan Board of Finance Limited made payments to the Archbishops’ Council for stipends, national insurance and pension contributions of the licensed clergy who are Trustees and provided houses, including the payment of council tax and maintenance costs, as part of normal clergy remuneration.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Board operates closely with The Diocese of Norwich Education and Academies Trust (DNEAT)... £6,445 (2023: £3,009) was recharged to The Diocese of Norwich Education and Academies Trust (DNEAT) in 2024 by the Consolidated Education Endowments Fund (CEE) and the Norwich Diocesan Board of Finance Ltd, with £6,445 outstanding at the year end (2023: £1,730).
“The Board leases the Horstead Conference Centre to the Horstead Centre over a fifty year lease at £12 per annum. The market value of this rent is £18,000 per annum. During the year £5,660 was recharged to Norwich Diocesan Board of Finance Limited by the Horstead Centre in respect of event costs (2023: £3,914), with £Nil outstanding at the year end (2023: £3,003). Nothing was charged to the Horstead Centre by the Board in 2024 (2023: £Nil). ”
“During the year Norwich Diocesan Board of Finance Limited made payments to the Archbishops’ Council for stipends, national insurance and pension contributions of the licensed clergy who are Trustees and provided houses, including the payment of council tax and maintenance costs, as part of normal clergy remuneration.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Some of the Trustees of the Board are also Trustees of the Anne French Memorial Trust. £67,063 was recharged to The Anne French Memorial Trust in 2024 (2023: £46,761), with £21,520 outstanding at the year end (2023: £14,304). Grants totalling £45,775 were given towards clergy housing costs, mediation and DBE administration, this income is released to match expenditure (2023: £35,000).
“The Board leases the Horstead Conference Centre to the Horstead Centre over a fifty year lease at £12 per annum. The market value of this rent is £18,000 per annum. During the year £5,660 was recharged to Norwich Diocesan Board of Finance Limited by the Horstead Centre in respect of event costs (2023: £3,914), with £Nil outstanding at the year end (2023: £3,003). Nothing was charged to the Horstead Centre by the Board in 2024 (2023: £Nil). ”
“During the year Norwich Diocesan Board of Finance Limited made payments to the Archbishops’ Council for stipends, national insurance and pension contributions of the licensed clergy who are Trustees and provided houses, including the payment of council tax and maintenance costs, as part of normal clergy remuneration.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Diocese of Norwich Churches Trust was established during 2015. This is a Charitable Incorporated Organisation (CIO) set up to relieve incumbents and PCC members with very small congregations, from the burden and responsibility of the Churches running costs. Some of the Trustees of the Board are also trustees of this Trust. Nothing was due at the year end to the Trust by the Norwich Diocesan Board of Finance Limited in respect of fees (2023: £nil).
“The Board leases the Horstead Conference Centre to the Horstead Centre over a fifty year lease at £12 per annum. The market value of this rent is £18,000 per annum. During the year £5,660 was recharged to Norwich Diocesan Board of Finance Limited by the Horstead Centre in respect of event costs (2023: £3,914), with £Nil outstanding at the year end (2023: £3,003). Nothing was charged to the Horstead Centre by the Board in 2024 (2023: £Nil). ”
“During the year Norwich Diocesan Board of Finance Limited made payments to the Archbishops’ Council for stipends, national insurance and pension contributions of the licensed clergy who are Trustees and provided houses, including the payment of council tax and maintenance costs, as part of normal clergy remuneration.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Spire Support Services Limited, NDBF (Easton) Limited, Norwich Glebe Property Limited
“The Board has three trading subsidiaries, Spire Support Services Limited, Norwich Glebe Property Limited and NDBF Easton Limited (see note 33).” — page 12
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Lovewell Blake LLP. Discloses 4 of 6 completeness components.

Corporate structure

NORWICH GLEBE PROPERTY LIMITED — per its own Companies House accounts
  • Donated/gift-aided to the charity: £28k
“This includes £28,311 provision for gift aid payable to Norwich Diocesan Board of Finance as at 31 December 2024”
SPIRE SUPPORT SERVICES LIMITED — per its own Companies House accounts
  • Donated/gift-aided to the charity: £17k
  • Amounts owed to group undertakings: £282,349
“This includes £17,042 provision for gift aid payable to Norwich Diocesan Board of Finance as at 31 December 2024 (2023: ENil).”
NDBF EASTON LIMITED — per its own Companies House accounts
  • Donated/gift-aided to the charity: £115k
  • Amount owed to parent company: £96,548
“In addition £114,927 (2023: £261,133) of gift aid was payable to Norwich Diocesan Board of Finance Limited as at 31 December 2024.”

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.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

873 registered titles in England and Wales held by the charity’s company or corporate body (861 freehold); recorded price paid £16.4m. 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 31/12/2024)

Total income
£13.4m
Total spending
£13.0m
Cost of raising funds
£675k
Reserves (reported)
£6.3m
Employees
51

Reported reserves equal ~5.8 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 (70% 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: 5.0% of total income — above 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: Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2024£13.4m£13.0m
31/12/2023£13.0m£12.9m
31/12/2022£13.7m£12.2m
31/12/2021£14.3m£12.8m
31/12/2020£12.3m£12.3m

Common questions

Is THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £77k for the year, which the trustees consider satisfactory given the context of rising costs and clergy vacancies. Free reserves stood at £6.3 million, exceeding the trustees' recommended policy target of approximately £4 million, providing a buffer against financial volatility. Its FY2024 accounts were audited by Lovewell Blake LLP.

Who funds THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED?

Funders whose own accounts filings name THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED as a grant recipient include ANNE FRENCH MEMORIAL TRUST, KESWICK HALL CHARITY, NORFOLK COMMUNITY FOUNDATION.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
ANNE FRENCH MEMORIAL TRUSTFY2026£125kDiocesan Expenses / Connected Charity Payments
KESWICK HALL CHARITYFY2026£100kAnnual grant allocation
ANNE FRENCH MEMORIAL TRUSTFY2022£50kStrategic Programme Manager
ANNE FRENCH MEMORIAL TRUSTFY2022£50kGiving Advisor
ANNE FRENCH MEMORIAL TRUSTFY2022£40kLay Development Officers
ANNE FRENCH MEMORIAL TRUSTFY2022£30kParsonages grant
NORFOLK COMMUNITY FOUNDATIONFY2022£20kTo provide grants to approximate 95 clergy to contribute towards rising energy costs.
ANNE FRENCH MEMORIAL TRUSTFY2022£12kDiocesan Mediation Scheme
ANNE FRENCH MEMORIAL TRUSTFY2022£951Clergy Conference

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2020£1.7mSchool Condition Allocation - Voluntary Aided Sector Recipients
UK government01/04/2020£187kDevolved Formula Capital - Local Authority & Voluntary Aided Sector Recipients
The National Lottery Heritage Fund18/09/2018£9k"Barnham Broom and Upper Yare Benefice Remembrance Project 2018"
The National Lottery Heritage Fund23/06/2016£250k"Revitalising St Martin's Church, Thompson"
The National Lottery Heritage Fund18/05/2016£55k"Exploring Norfolk Churches - A Toolkit for Teachers"
The National Lottery Heritage Fund17/09/2015£213k"Re thatching the church roof"
The National Lottery Heritage Fund12/09/2013£158k"Ranworth Rood Screen Project"
The National Lottery Heritage Fund29/03/2012£7k"Anmer Jubilee Bells Appeal"
The National Lottery Heritage Fund14/02/2003£28k"Repair of the Coke Monuments"
The National Lottery Heritage Fund06/12/2000£53k"St Margarets Churchyard, West Raynham - Restoration"

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 SALISBURY DIOCESAN BOARD OF FINANCE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED£13.4m——unclear—no doubt
THE SALISBURY DIOCESAN BOARD OF FINANCE FY2024£13.9m——below—no doubt
THE ELY DIOCESAN BOARD OF FINANCE FY2024£11.1m£180,001 - £190,00010unclear—no doubt
THE NEWCASTLE DIOCESAN BOARD OF FINANCE FY2025£8.1m——above—no doubt
THE DERBY DIOCESAN BOARD OF FINANCE LIMITED FY2025£11.0m——unclear—no doubt
THE LIVERPOOL DIOCESAN BOARD OF FINANCE FY2024£15.8m——above—no doubt

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