THE LONDON DIOCESAN BOARD FOR SCHOOLS
Financial health, per its FY2025 accounts
The accounts state that net assets decreased to £37.9m (2024: £44.1m) following a £7.5m reduction in the property investment portfolio valuation. However, cash balances increased to £12.7m, and unrestricted reserves stood at £1.1m, which is above the stated policy target of £685,000. The trustees and auditors confirm the charity is a going concern with adequate resources to continue operations.
What the accounts disclose
“£100,001 and above 1 2”
“For 2024-25 the agreed minimum reserve for LDBS, based on three months’ salary and consultant costs, was £685,000.”
“In 2024-2025 LDBS provided services to the LDBS LAT 1 of £169,941” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 2 of £25,578” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 1 of £169,941” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 2 of £25,578” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 1 of £169,941” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 2 of £25,578” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 1 of £169,941” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 2 of £25,578” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 1 of £169,941” — page 21
“In 2024-2025 LDBS provided services to the LDBS LAT 2 of £25,578” — page 21
“The Charitable Company owns the entire issued ordinary share capital of £100 of Grow Education Partners Limited, a company registered in England & Wales (Company No:2874636).” — page 42
Leadership, per the charity’s website
- Penny Roberts MBE — Director of Education
- Helen Ridding — Deputy Director of Education
- Terri Patterson — People and Culture Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- The Rt Revd Rod Greenchair
- Carla Christine Munoz Slaughter
- Dame Alice Hudson
- HELEN DIMMOCK
- MICHAEL PHILIP POULARD
- Monica Adassa Duncan
- Rev Matthew Stephen Knox
- Rev Richard Andrew Collins
- Rev William Rogers
- Stephanie Ajayi
- Tanya Hughes OBE
- Zoe Juanin Vickerman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.4m | £6.4m |
| 31/03/2024 | £6.4m | £6.6m |
| 31/03/2023 | £19.6m | £15.0m |
| 31/03/2022 | £13.2m | £13.3m |
| 31/03/2021 | £21.0m | £21.4m |
Common questions
Is THE LONDON DIOCESAN BOARD FOR SCHOOLS financially healthy?
The accounts state that net assets decreased to £37.9m (2024: £44.1m) following a £7.5m reduction in the property investment portfolio valuation. However, cash balances increased to £12.7m, and unrestricted reserves stood at £1.1m, which is above the stated policy target of £685,000. The trustees and auditors confirm the charity is a going concern with adequate resources to continue operations. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of THE LONDON DIOCESAN BOARD FOR SCHOOLS earn?
Per its FY2025 accounts, the highest-paid employee was in the £100,001 and above band.
Who funds THE LONDON DIOCESAN BOARD FOR SCHOOLS?
Funders whose own accounts filings name THE LONDON DIOCESAN BOARD FOR SCHOOLS as a grant recipient include THE LONDON DIOCESAN FUND, THE WHITECHAPEL EDUCATIONAL FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE LONDON DIOCESAN FUND | FY2025 | £171k |
| THE WHITECHAPEL EDUCATIONAL FOUNDATION | FY2025 | £250 |