CANTERBURY DIOCESAN BOARD OF FINANCE
Latest income
£12.5m
Latest spending
£11.9m
Registered
1966
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £103.1m, driven by a £2.0m gain on the revaluation of tangible fixed assets and a £1.0m gain on property disposals. Free reserves were £3.4m, which the Trustees consider reasonable given future challenges, while the charity reported a net surplus of £782k for the year.
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000 — below the median for charities its size (£125k)
“In the band £70,001 - £80,000 2” — page 35
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: between £1.4m and £1.7m (held: £6.2m)
“In 2024 this would require general reserves of between £1.4m and £1.7m.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CDBF makes contributions to the national Archbishops’ Council towards the running costs of the National Church.
“CDBF makes contributions to the national Archbishops’ Council towards the running costs of the National Church. The stipends of all parish priests are paid initially by the Church Commissioners and these are reimbursed by CDBF.” — page 6
“The stipend of the Bishop of Dover together with the stipend of the Chaplain, the salaries of the Bishop’s office staff and the Archdeacon of Maidstone’s stipend are borne by the Church Commissioners.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CDBF reimburses the Church Commissioners for the stipends of the Bishop of Dover, the Chaplain, the Bishop’s office staff, and the Archdeacon of Maidstone.
“CDBF makes contributions to the national Archbishops’ Council towards the running costs of the National Church. The stipends of all parish priests are paid initially by the Church Commissioners and these are reimbursed by CDBF.” — page 6
“The stipend of the Bishop of Dover together with the stipend of the Chaplain, the salaries of the Bishop’s office staff and the Archdeacon of Maidstone’s stipend are borne by the Church Commissioners.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CDBF paid £210k to subsidiary Canterbury Diocesan Enterprises Limited (CDEL) for work done.
“CDBF makes contributions to the national Archbishops’ Council towards the running costs of the National Church. The stipends of all parish priests are paid initially by the Church Commissioners and these are reimbursed by CDBF.” — page 6
“The stipend of the Bishop of Dover together with the stipend of the Chaplain, the salaries of the Bishop’s office staff and the Archdeacon of Maidstone’s stipend are borne by the Church Commissioners.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees who are clergy received stipends and/or housing from the charity for their religious duties.
“CDBF makes contributions to the national Archbishops’ Council towards the running costs of the National Church. The stipends of all parish priests are paid initially by the Church Commissioners and these are reimbursed by CDBF.” — page 6
“The stipend of the Bishop of Dover together with the stipend of the Chaplain, the salaries of the Bishop’s office staff and the Archdeacon of Maidstone’s stipend are borne by the Church Commissioners.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CDBF received £864k in LInC funding from the Archbishops' Council and allocated it to parishes.
“CDBF makes contributions to the national Archbishops’ Council towards the running costs of the National Church. The stipends of all parish priests are paid initially by the Church Commissioners and these are reimbursed by CDBF.” — page 6
“The stipend of the Bishop of Dover together with the stipend of the Chaplain, the salaries of the Bishop’s office staff and the Archdeacon of Maidstone’s stipend are borne by the Church Commissioners.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- The Rt Revd Rose Hudson-Wilkin — Bishop of Dover
- The Most Reverend Sarah Mullally — The Archbishop of Canterbury
Structured financials (annual return, FY ending 31/12/2024)
Total income
£12.5m
Total spending
£11.9m
Cost of raising funds
£143k
Reserves (reported)
£3.4m
Employees
53
Register events
- Received assets from another charity (29/03/2023)
- Received assets from another charity (07/01/2021)
- Received assets from another charity (15/10/2018)
- Received assets from another charity (05/02/2014)
Trustees
- Amanda Elizabeth Ann Boucherat
- Anthony Richter
- Dr John Pedder Moss
- Graham Clifford Codling
- Iain David Blythe
- Judith Ann Andrews
- Michael David William Darkins Rev
- Rev David Robert Malvern Monteith
- Rev Estella Ruth Last
- Rev Gareth Lee Dickinson
- Rev Simon Christopher Tillotson
- THE VENERABLE WILLIAM JONATHAN ADAM
- The Most Revd Dame Sarah Elisabeth Mullally
- The Revd Dr Andrew James Bawtree
- The Right Reverend Rose Hudson-Wilkin
- The Venrable Darren Miller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £12.5m | £11.9m |
| 31/12/2023 | £11.2m | £11.8m |
| 31/12/2022 | £13.2m | £11.6m |
| 31/12/2021 | £11.8m | £11.5m |
| 31/12/2020 | £12.5m | £11.3m |
Common questions
Is CANTERBURY DIOCESAN BOARD OF FINANCE financially healthy?
The accounts state that total funds increased to £103.1m, driven by a £2.0m gain on the revaluation of tangible fixed assets and a £1.0m gain on property disposals. Free reserves were £3.4m, which the Trustees consider reasonable given future challenges, while the charity reported a net surplus of £782k for the year. Its FY2024 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of CANTERBURY DIOCESAN BOARD OF FINANCE earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 22/06/2016 | £149k | "St Mary's Church Frittenden - roof and masonry repairs and new work to improve accessibility" |
| The National Lottery Heritage Fund | 22/09/2015 | £236k | "St NicholasÂ’ Church, Pluckley: masonry repairs and associated work, including provision of a heritage centre" |
| The National Lottery Heritage Fund | 01/05/1996 | £42k | "St John the Baptist, Harrietsham" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHBISHOPS' COUNCIL | 1 | £15.5m |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £36k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £32k |
| THE MISSION TO SEAFARERS | 1 | £29k |
| NEWCASTLE DIOCESAN SOCIETY | 1 | £22k |
| ANSON CHARITABLE TRUST | 1 | £7k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £6k |
| CHRIST CHURCH ENDCLIFFE CIO | 1 | £3k |