MANCHESTER DIOCESAN BOARD OF FINANCE
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.
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.
What the accounts disclose
“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
“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
“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
“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
“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
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
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: 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
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).
Leadership, per the charity’s website
- The Right Reverend Dr David Walker — Bishop of Manchester
- The Right Reverend Dr Matthew Porter — Bishop of Bolton
- The Venerable Karen Best — Archdeacon of Manchester
- The Venerable Simon Cook — Archdeacon of Salford and Bolton
- The Venerable Karen Smeeton — Archdeacon of Rochdale
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (22/10/2026)
- Received assets from another charity (03/05/2016)
- Received assets from another charity (03/11/2015)
Trustees
- Andrea Pollock
- Archdeacon Karen Belinda Best
- Canon John Walsh
- Dr Louise Ruth Smail
- JEFFREY NORMAN DUNKERLEY
- Jessica Leaf
- KEITH LEWIS
- PHILIP GELDARD
- Philip Billson
- RT REV DAVID STUART WALKER
- Rev Amy Elizabeth Sheridan
- Rev Andrew Ian Salmon
- Rev Grace Ruth Elizabeth Thomas
- Rev Kathreen Shahbaz
- Rev Paul Hutchins
- Richard Molyneux Lewis
- Solomon John
- THE VERY REVEREND ROGERS MORGAN GOVENDER
- The Right Reverend Mark Davies
- The Rt Revd Dr Mathew James Porter
- The Venerable Simon David James Cook
- Venerable Karen Louise Smeeton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 29/07/2021 | £10k | Holy Family Community Garden |
| UK government | 08/03/2021 | £16k | CRF21 Christ Church, Healey |
| The National Lottery Heritage Fund | 17/06/2014 | £228k | "Rochdale Christ Church, Healey" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHBISHOPS' COUNCIL | 1 | £15.5m |
| YOUNG MANCHESTER | 1 | £46k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, SPROTBROUGH WITH ST EDMUND, ANCHORAGE LANE | 1 | £45k |
| NEWCASTLE DIOCESAN SOCIETY | 1 | £33k |
| CHRIST CHURCH ENDCLIFFE CIO | 1 | £6k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 1 | £5k |
Charities like this
- THE CHESTER DIOCESAN BOARD OF FINANCE
- SHEFFIELD DIOCESAN BOARD OF FINANCE
- THE MANCHESTER DISTRICT ASSOCIATION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
- MANCHESTER VINEYARD
- THE NEWCASTLE DIOCESAN BOARD OF FINANCE
- THE CHICHESTER DIOCESAN FUND AND BOARD OF FINANCE (INCORPORATED)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MANCHESTER DIOCESAN BOARD OF FINANCE | £17.7m | — | — | above | — | no doubt |
| THE CHESTER DIOCESAN BOARD OF FINANCE | £14.5m | — | — | below | — | no doubt |
| SHEFFIELD DIOCESAN BOARD OF FINANCE | £12.1m | — | — | unclear | — | no doubt |
| THE MANCHESTER DISTRICT ASSOCIATION OF UNITARIAN AND FREE CHRISTIAN CHURCHES | £58k | — | 0 | unclear | — | no doubt |
| MANCHESTER VINEYARD | £653k | — | 0 | above | — | no doubt |
| THE NEWCASTLE DIOCESAN BOARD OF FINANCE | £8.1m | — | — | above | — | no doubt |