THE CHELMSFORD DIOCESAN BOARD OF FINANCE
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
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.
What the accounts disclose
“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
“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
“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
“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
“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
“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
“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
Charity Commission inquiry
“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.”
“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”
“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.”
Leadership, per the charity’s website
- Rt Revd Dr Guli Francis-Dehqani — Bishop of Chelmsford
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (15/07/2018)
Trustees
- JEFFREY STEPHEN PETER MUSHENSchair
- Adrian James Smith
- Andrew Simon Holt
- Antony George Patrick Timmins
- Canon ROBERT IAN HAMMOND
- Duraisamy Daniel Jebanesan
- Florence Conaty
- HAZEL THOMAS
- JULIA THOMAS
- John Charles Shakeshaft
- John Goodwin Blackford Tipping
- MARY CAROLINE DURLACHER
- Philip Carnelley
- Rev James Bernard Gilder
- Revd Canon Nicholas Edward Rowan
- Revd Dr Christian Okeke
- Right Reverend Adam Atkinson
- Rt Rev Roger Anthony Brett Morris
- Rt Revd Dr Gulnar Eleanor Francis-Dehqani
- Rt Revd Lynne Susan Cullens
- The Ven Dr Susan Joyce Lucas
- The Ven Jonathan Croucher
- The Venerable Christopher Mark Burke
- The Venerable Kate Peacock
- The Venerable Ruth Janet Patten
- The Very Revd Dr Jessica Martin
- Venerable Michael Power
- Vevet Deer
- Wilhelmina Joan Goulbourn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
- Rt Rev Roger Anthony Brett Morris — trustee here and at HOCKERILL EDUCATIONAL FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARCHBISHOPS' COUNCIL | FY2025 | £6.5m | Diocesan Investment Programme (DIP) - A More Diverse Church |
| GOOD STEWARDS TRUST - ESSEX AND EAST LONDON | FY2025 | £197k | Parish Share for four churches |
| HOCKERILL EDUCATIONAL FOUNDATION | FY2024 | £110k | Block grant to Diocese of Chelmsford |
| HOCKERILL EDUCATIONAL FOUNDATION | FY2023 | £105k | Grants to Chelmsford Diocesan Board of Education |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | FY2024 | £3k | Energy bills support |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | FY2023 | £3k | Energy bills support |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2023 | £25k | Chelmsford DAC Support Officer, Chelmsford DAC, The Diocesan Office, 53 New Street, Chelmsford, CM1 1AT |
| UK government | 01/04/2022 | £25k | Chelmsford DAC Support Officer, Chelmsford DAC, The Diocesan Office, 53 New Street, Chelmsford, CM1 1AT |
| UK government | 01/04/2021 | £19k | Chelmsford DAC Support Officer, Chelmsford DAC, The Diocesan Office, 53 New Street, Chelmsford, CM1 1AT |
| UK government | 01/04/2020 | £182k | Devolved Formula Capital - Local Authority & Voluntary Aided Sector Recipients |
| UK government | 01/04/2020 | £1.6m | School Condition Allocation - Voluntary Aided Sector Recipients |
| UK government | 01/04/2020 | £6k | ALB-Historic England - Chelmsford DAC Support Officer |
| The National Lottery Community Fund | 14/05/2008 | £10k | Coggeshall Parish Curchyard |
| The National Lottery Heritage Fund | 14/06/2007 | £109k | "Toppesfield Church Bells Restoration" |
| The National Lottery Community Fund | 23/10/2006 | £4k | Improved Disabled Access Community Hall |
| The National Lottery Community Fund | 11/08/2005 | £1k | Hearing Loop |
| The National Lottery Community Fund | 09/03/2005 | £148k | Provision of a new community centre. |
Funders of similar charities
Charities like this
- THE COVENTRY DIOCESAN BOARD OF FINANCE LTD
- THE CHESTER DIOCESAN BOARD OF FINANCE
- THE SALISBURY DIOCESAN BOARD OF FINANCE
- THE LIVERPOOL DIOCESAN BOARD OF FINANCE
- ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHELMSFORD DIOCESAN BOARD OF FINANCE | £23.0m | — | — | below | — | no doubt |
| THE COVENTRY DIOCESAN BOARD OF FINANCE LTD | £11.0m | — | — | below | — | no doubt |
| THE CHESTER DIOCESAN BOARD OF FINANCE | £15.0m | — | — | unclear | — | no doubt |
| THE SALISBURY DIOCESAN BOARD OF FINANCE | £13.9m | — | — | below | — | no doubt |
| THE LIVERPOOL DIOCESAN BOARD OF FINANCE | £15.8m | — | — | above | — | no doubt |
| ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE | £10.1m | — | — | below | — | no doubt |