THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE
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
Objects
THE OBJECTS ARE FOR THE PUBLIC BENEFIT TO ASSIST, PROMOTE AND FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORK (INCLUDING, BUT NOT LIMITED TO, THE EDUCATIONAL WORK) OF THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE WITHIN THE DIOCESE, AND ANY OTHER DIOCESE WHICH SHALL AT ANY TIME BE FORMED, WHOLLY OR IN PART OUT OF THE DIOCESE, EITHER WITH OR WITHOUT THE ADDITION OF ANY PART OR PARTS OF OTHER DIOCESES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £5.8m for the year, driven by rising costs in stipends and the Diocesan Investment Programme, though this was partially offset by gains on property disposals. The trustees note that without significant income increases, cost reduction measures will be implemented from 2026 to remove the operating deficit. Reserves policy targets for six months of unrestricted expenditure were not achieved, with the General Fund showing a net liability position.
What the accounts disclose
“The amount spent on administration as a proportion of the total expenditure of the SDBF amounted to 6.5% (2024: 6.5%).”
“These targets have not been achieved.”
“2025 was, however, challenging with significant pressures arising from a difficult financial climate and increased workloads linked to the APCS data breach, data subject access requests (DSARs), Charity Commission engagement, and statutory incident reporting.” — page 25
“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.”
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: 13 (£60,001–£70,000: 7; £70,001–£80,000: 3; £80,001–£90,000: 2; £90,001–£100,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 14 (£60,001–£70,000: 10; £70,001–£80,000: 1; £80,001–£90,000: 2; £90,001–£100,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 8 (£60,001–£70,000: 6; £70,001–£80,000: 1; £80,001–£90,000: 1)
Corporate structure
- Registered company of the charity Companies House 00236594
- Trading subsidiary: SOUTHWARK DBF TRADING LIMITED Companies House 04374984
Leadership, per the charity’s website
- Christopher Chessun — Bishop of Southwark
Company officers (Companies House)
- DUMBRECK, Geoffrey James William, The Venerable Dr on trustee list
- COOK, Helen Jane, The Reverend on trustee list
- CALDERBANK, Peter Charles Edward on trustee list
- WILSON, Rosemary Georgia on trustee list
- JATHANNA, Roshan Naveenchandra on trustee list
- PEACOCK, Nicholas James, Reverend Dr on trustee list
- SHEPHERD, Bridget Claire, The Reverend on trustee list
- BACZYK-BELL, Charles John Mackinnon, The Reverend Doctor on trustee list
- WOODS, Grahame Elliott on trustee list
- CHIKE, Chigor, The Venerable Doctor on trustee list
- GARCIA FUERTE, Antonio, The Reverend not on trustee list
- WILLIAMS, David Anthony not on trustee list
- WADDELL, Paul Martin on trustee list
- LEBEY, Nicholas Kwabena, The Reverend Captain on trustee list
- MACNEANEY, Jonathan Niall Agnew, The Reverend on trustee list
- BENNETT, Anne Yvonne, The Reverend on trustee list
- MANSON, Thomas Marshall on trustee list
- MURDOCH, James William on trustee list
- GAINSBOROUGH, Jonathan Martin, Revd Dr on trustee list
- DOCX, Sarah Frances on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Adrian Greenwood
- David Anthony Williams OBE
- David Richard Beamish
- Dr NICHOLAS JOHN BURT
- Eve Catherine Bradshaw
- Grahame Elliott Woods
- James William Murdoch
- Jonathan Maurice Sedgwick
- Joseph Ahosu Goswell
- PETER CHARLES EDWARD CALDERBANK
- Paul Martin Waddell
- ROSEMARY GEORGIA WILSON
- Rebecca Justine Chapman
- Rev Anne Yvonne Bennett
- Rev Antonio Garcia Fuerte
- Rev Bridget Clare Shepherd
- Rev Edward Fraser A Scrase-Field
- Rev Gregory Stephen Prior
- Rev Helen Jane Cook
- Rev Jonathan Niall Agnew MacNeaney
- Rev Nicholas James Peacock
- Right Rev. Alastair Murray Cutting
- Roshan Naveenchandra Jathanna
- Sarah Frances Docx
- Solabomi Anike Ogun
- The Revd Capt Nicholas Kwabena Lebey
- The Revd Dr Charles John Mackinnon Baczyk-Bell
- The Rt Revd Dr Jonathan Martin Gainsborough
- The Rt Revd Dr Marlene Rosemarie Mallett
- The Venerable Dr Chigor Chike
- Thomas Marshall Manson
- VEN Simon Philip Gates
- Vasantha Gnanadoss
- Ven Geoffrey James William Dumbreck
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £30.1m | £31.0m |
| 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 |
Common questions
Is THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £5.8m for the year, driven by rising costs in stipends and the Diocesan Investment Programme, though this was partially offset by gains on property disposals. The trustees note that without significant income increases, cost reduction measures will be implemented from 2026 to remove the operating deficit. Reserves policy targets for six months of unrestricted expenditure were not achieved, with the General Fund showing a net liability position. Its FY2025 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 BARTHOLOMEW, SYDENHAM, 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.
Shared trustees with funders
- Dr NICHOLAS BURT CENG. — trustee here and at THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JAMES WEST STREATHAM SOUTHWARK
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 11/04/2023 | £31k | Grant to Church of the Ascension, Blackheath |
| The National Lottery Heritage Fund | 21/09/2016 | £165k | "Phase 1 of urgent external repairs" |
| City Bridge Foundation | 04/07/2013 | £15k | Grant to Holy Trinity Church Tooting |
| City Bridge Foundation | 03/12/2009 | £15k | Grant to St Andrew's Church, Earlsfield |
| The National Lottery Community Fund | 13/09/2005 | £50k | Weekly Lunch Club for Elderly People |
Funders of similar charities
Charities like this
- THE LIVERPOOL DIOCESAN BOARD OF FINANCE
- THE SALISBURY DIOCESAN BOARD OF FINANCE
- THE SOUTHWARK DIOCESAN BOARD OF EDUCATION (INCORPORATED)
- ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE
- SOUTHWELL CATHEDRAL
- THE CHELMSFORD DIOCESAN BOARD OF FINANCE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOUTH LONDON CHURCH FUND AND SOUTHWARK DIOCESAN BOARD OF FINANCE | £30.1m | — | — | below | 6.5% | no doubt |
| THE LIVERPOOL DIOCESAN BOARD OF FINANCE | £14.6m | — | — | unclear | — | no doubt |
| THE SALISBURY DIOCESAN BOARD OF FINANCE | £14.7m | — | — | unclear | — | no doubt |
| THE SOUTHWARK DIOCESAN BOARD OF EDUCATION (INCORPORATED) | £8.8m | — | — | below | — | no doubt |
| ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE | £11.1m | — | — | unclear | — | no doubt |
| SOUTHWELL CATHEDRAL | £1.6m | — | 0 | unclear | — | material uncertainty |