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SOUTHWELL AND NOTTINGHAM DIOCESAN BOARD OF FINANCE

Registered charity 249359 · accounts filings on the Charity Commission register · also known as SOUTHWELL & NOTTINGHAM DIOCESAN BOARD OF FINANCE, THE DIOCESE OF SOUTHWELL & NOTTINGHAM

Latest income
£12.9m
Latest spending
£11.7m
Registered
1966
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income for the year was £12.9 million, with expenditure of £11.7 million, resulting in a net movement in funds of £2.962 million. Free reserves stood at £4.3 million, which the trustees consider prudent given economic uncertainty. The balance sheet shows total net assets of £92.8 million, including significant property and investment holdings.

What the accounts disclose

Reserves policy: two months of general fund expenditure (held: £4.3m)
“the Trustees have determined that it is prudent to hold free reserves at least equivalent to general fund expenditure over two months i.e. £1.5m.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of salaries/office costs from Transforming Notts Together
“TNT paid the Board £nil (2023: £105,289) in respect of reimbursement for salaries and office costs.” — page 71
“The Multi Academy Trust paid the Board £40,644 (2023: £45,840) in respect of reimbursement for salaries and office costs.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of salaries/office costs from Diocese of Southwell & Nottingham Multi Academy Trust
“TNT paid the Board £nil (2023: £105,289) in respect of reimbursement for salaries and office costs.” — page 71
“The Multi Academy Trust paid the Board £40,644 (2023: £45,840) in respect of reimbursement for salaries and office costs.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Transforming Notts Together
“TNT paid the Board £nil (2023: £105,289) in respect of reimbursement for salaries and office costs.” — page 71
“The Multi Academy Trust paid the Board £40,644 (2023: £45,840) in respect of reimbursement for salaries and office costs.”
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Safeguarding failings disclosed
“Serious past and more recent failings continue to come to light. We should be thankful they are coming into the light to be addressed, though they are painful and deeply humbling for the Church of England.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by BHP LLP.

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.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£12.9m
Total spending
£11.7m
Cost of raising funds
£421k
Reserves (reported)
£4.3m
Employees
62

Reported reserves equal ~4.4 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/12/2024£12.9m£11.7m
31/12/2023£12.1m£11.4m
31/12/2022£11.8m£10.6m
31/12/2021£10.8m£10.6m
31/12/2020£10.9m£10.4m

Common questions

Is SOUTHWELL AND NOTTINGHAM DIOCESAN BOARD OF FINANCE financially healthy?

The accounts state that total income for the year was £12.9 million, with expenditure of £11.7 million, resulting in a net movement in funds of £2.962 million. Free reserves stood at £4.3 million, which the trustees consider prudent given economic uncertainty. The balance sheet shows total net assets of £92.8 million, including significant property and investment holdings. Its FY2024 accounts were audited by BHP LLP.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund14/05/2026£249k"Restoring Traquair’s Vision: The Clayworth Murals Project"

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.

FunderSimilar charities fundedAmount to them
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, OLD COULSDON IN THE DIOCESE OF SOUTHWARK1£86k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MILDRED'S, ADDISCOMBE1£60k
THE PILGRIM TRUST1£20k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARK, REIGATE1£20

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 HOLY TRINITY SOUTHWELL NOTTS.