THE PETERBOROUGH DIOCESAN BOARD OF FINANCE

Registered charity 250569 · accounts filings on the Charity Commission register

Finance and Administration for the Church of England

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£10.0m
Latest spending
£11.5m
Registered
1966
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £1,557,447 for the year ended 31 December 2024, following a budgeted deficit of £1,746,081. Per the trustees' report, unrestricted reserves fell to £1,478,196, which is below the stated policy target of £1,866,437 (60 days of annual expenditure). The trustees acknowledge the deficit and note that achieving a balanced budget remains a strategic aim while managing rising costs and parish share challenges.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £1.5m; policy: 60 days of annual expenditure)
“At 31 December 2024, the level of funds which are unrestricted, undesignated and not held as fixed assets totalled £1,478,196. This equates to approximately 48 days of annual expenditure (2023 - 106 days).” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: PDBF provides financial support to the PDBE by way of an annual grant and also accounting and payroll services at no cost to the PDBE. Trustees Richard Ormston and Katrina Hutchins are trustees of both PDBF and PDBE.
“The Venerable Richard Ormston and The Revd Katrina Hutchins are trustees of the PDBF and also the Peterborough Diocesan Board of Education (PDBE). The PDBF provides financial support to the PDBE by way of an annual grant and also accounting and payroll services at no cost to the PDBE.” — page 53
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 4 of 6 completeness components.

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.

Property (HM Land Registry)

315 registered titles in England and Wales held by the charity’s company or corporate body (310 freehold); recorded price paid £8.9m. 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
£10.0m
Total spending
£11.5m
Cost of raising funds
£667k
Reserves (reported)
£1.5m
Employees
169

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (73% 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: 6.7% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Cambridgeshire · Leicestershire · Northamptonshire · Oxfordshire · Peterborough City

Income and spending

Financial year endIncomeSpending
31/12/2024£10.0m£11.5m
31/12/2023£9.6m£10.1m
31/12/2022£10.7m£10.2m
31/12/2021£10.2m£10.4m
31/12/2020£9.8m£9.8m

Common questions

Is THE PETERBOROUGH DIOCESAN BOARD OF FINANCE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £1,557,447 for the year ended 31 December 2024, following a budgeted deficit of £1,746,081. Per the trustees' report, unrestricted reserves fell to £1,478,196, which is below the stated policy target of £1,866,437 (60 days of annual expenditure). The trustees acknowledge the deficit and note that achieving a balanced budget remains a strategic aim while managing rising costs and parish share challenges. Its FY2024 accounts were audited by Price Bailey LLP.

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2024£11kPeterborough Diocese Historic Churches Officer Post
UK government01/04/2023£16kPeterborough Diocese Historic Churches Officer Post
UK government01/04/2022£21kPeterborough Diocese Historic Churches Officer Post
UK government01/04/2020£76kDevolved Formula Capital - Local Authority & Voluntary Aided Sector Recipients
The National Lottery Community Fund13/07/2016£8kEssential refurbishment to provide safe environment in Chapter House
The National Lottery Heritage Fund19/06/2013£43k"Restoration of the organ at St Mary the Virgin, Finedon"

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 CHESTER DIOCESAN BOARD OF FINANCE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PETERBOROUGH DIOCESAN BOARD OF FINANCE£10.0m——below—no doubt
THE CHESTER DIOCESAN BOARD OF FINANCE FY2024£15.0m——unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND ST PETER FY2025£193kUnder £50,0000unclear—no doubt
PORTSMOUTH DIOCESAN BOARD OF FINANCE FY2025£9.4m—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH BEDFORD FY2025£391k—0below—no doubt
WINCHESTER DIOCESAN BOARD OF FINANCE FY2025£14.2m——within—no doubt

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