MANCHESTER DIOCESAN BOARD OF FINANCE

Registered charity 249424 · accounts filings on the Charity Commission register

MANCHESTER DIOCESAN BOARD OF FINANCE AIMS TO PROMOTE, FACILITATE ADN ASSIST WITH THE WORK AND PURPOSES OF THE CHURCH OF ENGLAND FOR THE ADVANCEMENT OF THE CHRISTIAN FAITH IN THE DIOCESE OF MANCHESTER AND ELSEWHERE

Objects

TO PROMOTE AID AND FURTHER, PRIMARILY BUT NOT EXCLUSIVELY IN THE DIOCESE OF MANCHESTER THE SPIRITUAL TEACHING OF THE CHURCH OF ENGLAND.

Area of benefit: DIOCESE OF MANCHESTER

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

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

Registered contact address: Bury, North West, England (from the postcode on the register)

Latest income
£17.7m
Latest spending
£17.7m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a surplus on General Unrestricted Funds of £1.971m for the year ended 31 December 2025, compared to a deficit in the prior year. Per the trustees' report, free reserves excluding fixed assets stood at £7.24m, which equates to six months' gross unrestricted expenditure, meeting the upper end of the stated reserves policy target of three to six months.

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

What the accounts disclose

Reserves policy: three months and a maximum of six months’ gross expenditure from unrestricted funds (reserves figure: £18.7m)
“The target free reserves is currently set at an amount equivalent to a minimum of three months and a maximum of six months’ gross expenditure from unrestricted funds.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: MDBF paid Emmanuel Theological College £51,426 for the training of Readers and Readers Emeritus. The Archdeacon of Bolton and the Bishop of Bolton served as Trustees of ETC.
“In 2025, the MDBF paid Emmanuel Theological College £51,426 (2024: £37,966) for the training of Readers and Readers Emeritus.”
“The Archdeacon of Manchester Ven K Best served as Director of Ecclesiastical Insurance Group who received insurance payments totalling £184,691 (2024 £191,966.99) and paid claims totalling £6,445.89 (2024 £13,419.12).” — page 69
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: MDBF received insurance payments of £184,691 and paid claims of £6,445.89 from Ecclesiastical Insurance Group, where the Archdeacon of Manchester served as Director.
“In 2025, the MDBF paid Emmanuel Theological College £51,426 (2024: £37,966) for the training of Readers and Readers Emeritus.”
“The Archdeacon of Manchester Ven K Best served as Director of Ecclesiastical Insurance Group who received insurance payments totalling £184,691 (2024 £191,966.99) and paid claims totalling £6,445.89 (2024 £13,419.12).” — page 69
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: MDBF paid grant funding of £141,156 to Manchester City Centre Resource Church Trust Ltd, where the Archdeacon of Manchester and Canon Grace Thomas served as Directors.
“In 2025, the MDBF paid Emmanuel Theological College £51,426 (2024: £37,966) for the training of Readers and Readers Emeritus.”
“The Archdeacon of Manchester Ven K Best served as Director of Ecclesiastical Insurance Group who received insurance payments totalling £184,691 (2024 £191,966.99) and paid claims totalling £6,445.89 (2024 £13,419.12).” — page 69
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: MDBF paid rent and service charges of £22,026.50 to Manchester Cathedral Ventures Ltd, where the Dean of Manchester and Canon Grace Thomas served as Directors.
“In 2025, the MDBF paid Emmanuel Theological College £51,426 (2024: £37,966) for the training of Readers and Readers Emeritus.”
“The Archdeacon of Manchester Ven K Best served as Director of Ecclesiastical Insurance Group who received insurance payments totalling £184,691 (2024 £191,966.99) and paid claims totalling £6,445.89 (2024 £13,419.12).” — page 69
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: MDBF paid £6,758 to Manchester Diocesan Council for Social Aid for recharges of staffing and general expenses, where the Archdeacon of Rochdale served as a trustee.
“In 2025, the MDBF paid Emmanuel Theological College £51,426 (2024: £37,966) for the training of Readers and Readers Emeritus.”
“The Archdeacon of Manchester Ven K Best served as Director of Ecclesiastical Insurance Group who received insurance payments totalling £184,691 (2024 £191,966.99) and paid claims totalling £6,445.89 (2024 £13,419.12).” — page 69
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Manchester Diocesan Church House Company Limited
“MDBF has a subsidiary undertaking, the Manchester Diocesan Church House Company Limited, whose principal activity was the provision of a Church House for Investment Property and Diocesan purposes.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

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: 6 (£60,001–£70,000: 4; £70,001–£80,000: 1; £120,001–£130,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/12/2024

  • Employees paid over £60,000: 5 (£60,001–£70,000: 3; £70,001–£80,000: 1; £110,001–£120,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/12/2023

  • Employees paid over £60,000: 5 (£60,001–£70,000: 2; £70,001–£80,000: 1; £80,001–£90,000: 1; £90,001–£100,000: 1)
  • Has a trading subsidiary

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

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2021 (received 22/12/2022, 52 days after the 31/10/2022 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. 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)

207 registered titles in England and Wales held by the charity’s company or corporate body (168 freehold); recorded price paid £8.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook (5,972 followers) · instagram (2,053 followers)

Structured financials (annual return, FY ending 31/12/2025)

Total income
£17.7m
Total spending
£17.7m
Cost of raising funds
£5k
Reserves (reported)
£19.9m
Employees
75

Reported reserves equal ~13.5 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Other (37% 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: 0.0% of total income — below the median for charities its size (3.7%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bolton · Bury · Manchester City · Oldham · Rochdale · Salford City · Stockport · Tameside · Trafford · Wigan

Income and spending

Financial year endIncomeSpending
31/12/2025£17.7m£17.7m
31/12/2024£14.5m£17.6m
31/12/2023£15.0m£16.1m
31/12/2022£19.3m£14.7m
31/12/2021£17.9m£16.4m

Common questions

Is MANCHESTER DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a surplus on General Unrestricted Funds of £1.971m for the year ended 31 December 2025, compared to a deficit in the prior year. Per the trustees' report, free reserves excluding fixed assets stood at £7.24m, which equates to six months' gross unrestricted expenditure, meeting the upper end of the stated reserves policy target of three to six months. Its FY2025 accounts were audited by HaysMac LLP.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund29/07/2021£10kHoly Family Community Garden
UK government08/03/2021£16kCRF21 Christ Church, Healey
The National Lottery Heritage Fund17/06/2014£228k"Rochdale Christ Church, Healey"

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 CHESTER DIOCESAN BOARD OF FINANCE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MANCHESTER DIOCESAN BOARD OF FINANCE£17.7m——above—no doubt
THE CHESTER DIOCESAN BOARD OF FINANCE FY2025£14.5m——below—no doubt
SHEFFIELD DIOCESAN BOARD OF FINANCE FY2025£12.1m——unclear—no doubt
THE MANCHESTER DISTRICT ASSOCIATION OF UNITARIAN AND FREE CHRISTIAN CHURCHES FY2025£58k—0unclear—no doubt
MANCHESTER VINEYARD FY2025£653k—0above—no doubt
THE NEWCASTLE DIOCESAN BOARD OF FINANCE FY2025£8.1m——above—no doubt

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