THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE

Registered charity 249678 · accounts filings on the Charity Commission register · also known as THE DIOCESE OF SOUTHWARK

Resourcing the Ministry and Mission in every parish Managing the number of clergy in post against budget, and collecting Fairer Shares contributionsProviding clergy training, housing, stipends, pension supporting parish based ministryContributing to national church institutionsProviding education & social outreach fundingProviding Diocesan Retreat House

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£28.5m
Latest spending
£28.2m
Registered
1966
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Diocesan Board of Finance finished 2024 with a surplus of £0.4m, reversing a £3m deficit from the previous year, driven by gains on property sales and increased income from the Parish Support Fund. The charity holds free/unrestricted reserves of £2.968m, which are below the stated policy target of three months' budgeted unrestricted expenditure (£6.5m).

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 6.5% of fundraised income, as disclosed
“The amount spent on administration as a proportion of the total expenditure of the SDBF amounted to 6.5% (2023: 7%).”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £3.0m)
“The Trustees’ policy was gradually to grow working financial reserves in the General Fund such that it was equivalent to three months’ budgeted unrestricted expenditure by the end of 2020, with an aspiration to achieve six months’ budgeted unrestricted expenditure by the end of 2025.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: SDBF is a member of the SDBE Multi Academy Trust (MAT) and is represented through the Diocesan Secretary.
“SDBE Multi Academy Trust (MAT), which is an exempt charitable company (No 10385920). The SDBF is a member of the MAT and is represented through the Diocesan Secretary.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Southwark DBF Trading
“The SDBF is the beneficial owner of a subsidiary undertaking, Southwark DBF Trading, a company limited by guarantee, which is registered in England and supplies property and administrative services to the SDBF.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Corporate structure

SOUTHWARK DBF TRADING LIMITED — per its own Companies House accounts

    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.

    Company officers (Companies House)

    Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

    Official officers record.

    Property (HM Land Registry)

    639 registered titles in England and Wales held by the charity’s company or corporate body (589 freehold); recorded price paid £12.3m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

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

    Total income
    £28.5m
    Total spending
    £28.2m
    Reserves (reported)
    £3.0m
    Employees
    78

    Reported reserves equal ~1.3 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

    Per its annual return, largest income source: Other (83% 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 (3.8%) (benchmarks).

    Trustees · trustee networks

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

    Operates in: Kent · Surrey · Throughout London

    Income and spending

    Financial year endIncomeSpending
    31/12/2024£28.5m£28.2m
    31/12/2023£23.8m£26.8m
    31/12/2022£26.1m£25.9m
    31/12/2021£29.0m£24.4m
    31/12/2020£25.3m£23.9m

    Common questions

    Is THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE financially healthy?

    Per its FY2024 accounts: The accounts state that the Diocesan Board of Finance finished 2024 with a surplus of £0.4m, reversing a £3m deficit from the previous year, driven by gains on property sales and increased income from the Parish Support Fund. The charity holds free/unrestricted reserves of £2.968m, which are below the stated policy target of three months' budgeted unrestricted expenditure (£6.5m). Its FY2024 accounts were audited by Buzzacott Audit LLP.

    Who funds THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE?

    Funders whose own accounts filings name THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, OLD COULSDON IN THE DIOCESE OF SOUTHWARK, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JAMES WEST STREATHAM SOUTHWARK, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MILDRED'S, ADDISCOMBE, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CATFORD (SOUTHEND) AND DOWNHAM, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARK, REIGATE.

    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 PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, OLD COULSDON IN THE DIOCESE OF SOUTHWARKFY2022£86kParish Pledge / Ministry costs
    THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JAMES WEST STREATHAM SOUTHWARKFY2023£84kParish Support Fund contribution
    THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MILDRED'S, ADDISCOMBEFY2022£60kParish Support Fund pledge
    THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CATFORD (SOUTHEND) AND DOWNHAMFY2021£500Grant towards the installation of WiFi in both the Church and the Hall at St. Barnabas
    THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT MARK, REIGATEFY2022£20Church funds
    THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CATFORD (SOUTHEND) AND DOWNHAMFY2021£0Grant for employment of a full-time children's worker at St. Luke's (Amount not explicitly stated in text, but listed as source of funding)

    Government & lottery funding

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

    FunderDateAmountPurpose
    City Bridge Foundation11/04/2023£31kGrant to Church of the Ascension, Blackheath
    The National Lottery Heritage Fund21/09/2016£165k"Phase 1 of urgent external repairs"
    City Bridge Foundation04/07/2013£15kGrant to Holy Trinity Church Tooting
    City Bridge Foundation03/12/2009£15kGrant to St Andrew's Church, Earlsfield
    The National Lottery Community Fund13/09/2005£50kWeekly Lunch Club for Elderly People

    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 SALISBURY DIOCESAN BOARD OF FINANCE.

    Side by side with its peers

    CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
    THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE£28.5m——unclear6.5%no doubt
    THE SALISBURY DIOCESAN BOARD OF FINANCE FY2024£13.9m——below—no doubt
    THE CHELMSFORD DIOCESAN BOARD OF FINANCE FY2025£23.0m——below—no doubt
    SHEFFIELD DIOCESAN BOARD OF FINANCE FY2024£12.1m——unclear—no doubt
    THE COVENTRY DIOCESAN BOARD OF FINANCE LTD FY2024£11.0m——below—no doubt
    THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED FY2024£13.4m——unclear—no doubt

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