THE CHELMSFORD DIOCESAN BOARD OF FINANCE

Registered charity 249505 · accounts filings on the Charity Commission register · also known as THE CHELMSFORD DIOCESAN BOARD OF FINANCE LIMITED, THE DIOCESE OF CHELMSFORD

1. Mission & Ministry in the Parishes - paying clergy stipends incl pension contribs, providing & maintaining houses for clergy & training clergy & other parish officers.2. Education - providing support for head teachers & governors, facilitating capital expenditure on schools & sponsoring certain schools with Academy status.3.Contributions to NCIs4. Provision of the Diocesan Retreat House

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

Latest income
£23.0m
Latest spending
£25.8m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a net deficit of £2.8m for the year, though this was an improvement on the previous year's £4.6m deficit. The trustees report that free general reserves of £4.5m are below the stated policy target of £5.3m, but consider the charity has sufficient resources to meet its day-to-day operational needs for the foreseeable future.

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

What the accounts disclose

Largest income source: Parish Share (59% of income)
“Parish Share, the money donated by parishes to the CDBF to fund the mission and ministry of the diocese, is the main incoming resource for the CDBF providing two thirds of its income.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £4.5m; policy: three months gross general fund expenditure)
“After transfers, free general reserves at the year-end were in surplus by £4.5m (2024: surplus £5.0m) being the value of the General Fund. This is below the reserve target of £5.3m.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CDBF pays contributions to the Archbishops' Council for national training and activities.
“The Archbishops’ Council to which the CDBF pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod” — page 31
“The Church of England Pensions Board, to which the CDBF pays retirement benefit contributions for stipendiary clergy and employees.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CDBF pays retirement benefit contributions to the Church of England Pensions Board.
“The Archbishops’ Council to which the CDBF pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod” — page 31
“The Church of England Pensions Board, to which the CDBF pays retirement benefit contributions for stipendiary clergy and employees.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Guy Harlings Trust provides office facilities free of charge under licence to the CDBF.
“The Archbishops’ Council to which the CDBF pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod” — page 31
“The Church of England Pensions Board, to which the CDBF pays retirement benefit contributions for stipendiary clergy and employees.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: MCO Investments is a wholly owned subsidiary of the CDBF.
“The Archbishops’ Council to which the CDBF pays a donation based on an apportionment system for funding national training of ordinands and the activities of the various national boards and councils, as well as General Synod” — page 31
“The Church of England Pensions Board, to which the CDBF pays retirement benefit contributions for stipendiary clergy and employees.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: MCO Investments Ltd
“In 2024 the CDBF acquired a trading subsidiary, MCO Investments Ltd, Company Number 09614431, which owns a property from which the charity will run an Area Office.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.

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

Charity Commission inquiry

The Commission issued an Official Warning after finding that the charity's trustees failed to investigate a safeguarding complaint, lacked adequate oversight processes, and failed to report a serious incident for two years. The charity must implement robust safeguarding policies, reinforce training, and report progress to the Commission within two months.
The report states that trustees failed to investigate a safeguarding complaint.
“the trustees failed to consider or investigate the complaint and did not follow the Commission’s guidance on safeguarding and therefore failed in their safeguarding duties.”
The report identifies a lack of oversight processes.
“There were insufficient processes and procedures in place to ensure that the trustees have adequate oversight of safeguarding and protecting those who come into the charity”
The report notes a failure to report a serious incident.
“There was also a subsequent failure ongoing over a period of about 2 years to report the serious incident to the Commission relating to the allegation which was the subject of the above complaint.”
Per the Commission’s published report. Summary is automated; the official report is authoritative.

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)

708 registered titles in England and Wales held by the charity’s company or corporate body (670 freehold); recorded price paid £27.2m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): instagram

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

Total income
£23.0m
Total spending
£25.8m
Cost of raising funds
£405k
Reserves (reported)
£4.5m
Employees
118

Reported reserves equal ~2.1 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (78% 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: 1.8% of total income — below 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: Barking And Dagenham · Essex · Havering · Newham · Redbridge · Southend-on-sea · Suffolk · Thurrock · Waltham Forest

Income and spending

Financial year endIncomeSpending
31/12/2025£23.0m£25.8m
31/12/2024£22.3m£26.9m
31/12/2023£26.4m£24.6m
31/12/2022£23.8m£24.1m
31/12/2021£24.8m£22.9m

Common questions

Is THE CHELMSFORD DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £2.8m for the year, though this was an improvement on the previous year's £4.6m deficit. The trustees report that free general reserves of £4.5m are below the stated policy target of £5.3m, but consider the charity has sufficient resources to meet its day-to-day operational needs for the foreseeable future. Its FY2025 accounts were audited by HaysMac LLP.

Who funds THE CHELMSFORD DIOCESAN BOARD OF FINANCE?

Funders whose own accounts filings name THE CHELMSFORD DIOCESAN BOARD OF FINANCE as a grant recipient include THE ARCHBISHOPS' COUNCIL, GOOD STEWARDS TRUST - ESSEX AND EAST LONDON, HOCKERILL EDUCATIONAL FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE.

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)
THE ARCHBISHOPS' COUNCILFY2025£6.5mDiocesan Investment Programme (DIP) - A More Diverse Church
GOOD STEWARDS TRUST - ESSEX AND EAST LONDONFY2025£197kParish Share for four churches
HOCKERILL EDUCATIONAL FOUNDATIONFY2024£110kBlock grant to Diocese of Chelmsford
HOCKERILL EDUCATIONAL FOUNDATIONFY2023£105kGrants to Chelmsford Diocesan Board of Education
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATEFY2024£3kEnergy bills support
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATEFY2023£3kEnergy bills support

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2023£25kChelmsford DAC Support Officer, Chelmsford DAC, The Diocesan Office, 53 New Street, Chelmsford, CM1 1AT
UK government01/04/2022£25kChelmsford DAC Support Officer, Chelmsford DAC, The Diocesan Office, 53 New Street, Chelmsford, CM1 1AT
UK government01/04/2021£19kChelmsford DAC Support Officer, Chelmsford DAC, The Diocesan Office, 53 New Street, Chelmsford, CM1 1AT
UK government01/04/2020£182kDevolved Formula Capital - Local Authority & Voluntary Aided Sector Recipients
UK government01/04/2020£1.6mSchool Condition Allocation - Voluntary Aided Sector Recipients
UK government01/04/2020£6kALB-Historic England - Chelmsford DAC Support Officer
The National Lottery Community Fund14/05/2008£10kCoggeshall Parish Curchyard
The National Lottery Heritage Fund14/06/2007£109k"Toppesfield Church Bells Restoration"
The National Lottery Community Fund23/10/2006£4kImproved Disabled Access Community Hall
The National Lottery Community Fund11/08/2005£1kHearing Loop
The National Lottery Community Fund09/03/2005£148kProvision of a new community centre.

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 COVENTRY DIOCESAN BOARD OF FINANCE LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CHELMSFORD DIOCESAN BOARD OF FINANCE£23.0m——below—no doubt
THE COVENTRY DIOCESAN BOARD OF FINANCE LTD FY2024£11.0m——below—no doubt
THE CHESTER DIOCESAN BOARD OF FINANCE FY2024£15.0m——unclear—no doubt
THE SALISBURY DIOCESAN BOARD OF FINANCE FY2024£13.9m——below—no doubt
THE LIVERPOOL DIOCESAN BOARD OF FINANCE FY2024£15.8m——above—no doubt
ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE FY2024£10.1m——below—no doubt

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