THE DIOCESE IN EUROPE BOARD OF FINANCE
The company's principal activity is to promote, assist and advance the work of the Church of England in the Diocese in Europe.
Financial health, per its FY2024 accounts
The accounts state that the Diocese in Europe Board of Finance reported a net surplus of £206,722 for the year, driven by a £450,544 gain on the sale of the Suffragan Bishop's house, while underlying operations showed a deficit of £155,812. The charity maintains unrestricted reserves of £4,188,302, which the Trustees consider sufficient to meet its policy target of holding 1.5 to 2.0 times annual unrestricted expenditure. The financial review notes that the DBF is running a manageable deficit with plans to balance the budget by 2028, supported by strong Common Fund returns of 96%.
What the accounts disclose
“the DBF aims to keep the deficit under £200,000 by 2028 and maintain unrestricted reserves at between 1.5 and 2.0 times the annual unrestricted expenditure of the DBF.” — page 4
Leadership, per the charity’s website
- Robert Innes — Bishop
- Andrew — Suffragan Bishop
Funders the charity credits
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- LORD STEPHEN KEITH GREENchair
- April Lynn Carter
- David White
- Joan Berry
- John William Errey
- Mary Gertrude Talbot
- Maxine Wildhaber
- Rev Beth Bendrey
- Rev David Waller
- Rev Dominic Gerald Bruno Newstead
- Rev Ian Denis Tarrant
- Rev Kasta Dip
- Rev Mark William Osborne
- Rev Richard Allen Gardiner
- Rev Richard Anthony Seabrook
- Revd Canon David Wright
- Revd Dr James Thomas Hadley
- Reverend Canon Carolyn Jane Cooke
- Rt Reverend Andrew Robert Norman
- Simon Urquhart
- Susan Boyd
- Thamarai Pandian
- The Rev'd Dr. Leslie Satianathan Nathaniel
- The Revd Canon Deborah Mary Rollins Flach
- The Rt Revd Dr Robert Innes
- The Ven Samuel Wall Van Leer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.4m | £2.3m |
| 31/12/2023 | £2.4m | £2.5m |
| 31/12/2022 | £2.3m | £2.4m |
| 31/12/2021 | £2.2m | £2.4m |
| 31/12/2020 | £2.2m | £2.1m |
Common questions
Is THE DIOCESE IN EUROPE BOARD OF FINANCE financially healthy?
Per its FY2024 accounts: The accounts state that the Diocese in Europe Board of Finance reported a net surplus of £206,722 for the year, driven by a £450,544 gain on the sale of the Suffragan Bishop's house, while underlying operations showed a deficit of £155,812. The charity maintains unrestricted reserves of £4,188,302, which the Trustees consider sufficient to meet its policy target of holding 1.5 to 2.0 times annual unrestricted expenditure. The financial review notes that the DBF is running a manageable deficit with plans to balance the budget by 2028, supported by strong Common Fund returns of 96%. Its FY2024 accounts were audited by HaysMac LLP.
Who funds THE DIOCESE IN EUROPE BOARD OF FINANCE?
Funders whose own accounts filings name THE DIOCESE IN EUROPE BOARD OF FINANCE as a grant recipient include THE MARTIN LAING FOUNDATION, THE BEATRICE LAING TRUST, THE MISSION TO SEAFARERS, THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUNION FUND, THE STEVENSON FAMILY'S CHARITABLE TRUST.
Shared trustees with funders
- LORD GREEN OF HURSTPIERPOINT — trustee here and at THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUNION FUND
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHBISHOPS' COUNCIL | 2 | £17.9m |
| ANNE FRENCH MEMORIAL TRUST | 1 | £308k |
| KESWICK HALL CHARITY | 1 | £100k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £92k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, SPROTBROUGH WITH ST EDMUND, ANCHORAGE LANE | 1 | £45k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £44k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £20k |
| CHRIST CHURCH ENDCLIFFE CIO | 1 | £6k |
Charities like this
- THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED
- THE SALISBURY DIOCESAN BOARD OF FINANCE
- THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED)
- THE ELY DIOCESAN BOARD OF FINANCE
- THE EXETER DIOCESAN BOARD OF FINANCE
- THE DURHAM 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 DIOCESE IN EUROPE BOARD OF FINANCE | £2.4m | — | — | unclear | — | no doubt |
| THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED | £13.4m | — | — | unclear | — | no doubt |
| THE SALISBURY DIOCESAN BOARD OF FINANCE | £13.9m | — | — | below | — | no doubt |
| THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED) | £17.0m | — | — | unclear | — | no doubt |
| THE ELY DIOCESAN BOARD OF FINANCE | £11.1m | £180,001 - £190,000 | 10 | unclear | — | no doubt |
| THE EXETER DIOCESAN BOARD OF FINANCE | £18.8m | — | — | above | — | no doubt |