DERBY DIOCESAN BOARD OF EDUCATION
Financial health, per its FY2022 accounts
The accounts state that unrestricted free reserves stood at £947,820, which is below the stated policy target of three to twelve months' expenditure. The charity reported a net loss of £139,941 for the year, driven by investment losses, though it maintains adequate resources to continue as a going concern.
What the accounts disclose
“The balance of unrestricted free reserves at 31 December was £947,820 (2021: £1,071,740).” — page 9
“During the year an amount of £244,087 (2021: £347,440) was received from the Derby Diocesan Board of Finance. The Rt. Reverend Libby Lane was a director of both companies during the year.” — page 30
“The Charitable Company's wholly owned trading subsidiary, Derby Diocesan Education Services Limited, remained dormant and was closed by Companies House in 2022.” — page 8
Trustees
- Aimee Catherine Tinkler
- Canon Christine Mary Holmes-Elener
- Carol Fearria
- Diane Gabrielle Fretwell
- Emily May Brailsford
- Jo-Anne Emma Richardson
- John Payne
- Oona Luise Gilbertson
- Rev Philip James Selby
- Sarah Helen Kerr Barley-McMullen
- Susan Jane Whyld
- Teresa Ann Nicholls
- The Right Reverend Elizabeth Jane Holden Lane
- The Venerable Nicola Jane Fenton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £445k | £425k |
| 31/12/2023 | £446k | £449k |
| 31/12/2022 | £348k | £366k |
| 31/12/2021 | £479k | £353k |
| 31/12/2020 | £483k | £508k |
Common questions
Is DERBY DIOCESAN BOARD OF EDUCATION financially healthy?
The accounts state that unrestricted free reserves stood at £947,820, which is below the stated policy target of three to twelve months' expenditure. The charity reported a net loss of £139,941 for the year, driven by investment losses, though it maintains adequate resources to continue as a going concern. Its FY2022 accounts were audited by BHP LLP.
Who funds DERBY DIOCESAN BOARD OF EDUCATION?
Funders whose own accounts filings name DERBY DIOCESAN BOARD OF EDUCATION as a grant recipient include THE DERBY DIOCESAN BOARD OF FINANCE LIMITED.
Shared trustees with funders
- Canon Christine Mary Holmes-Elener — trustee here and at THE DERBY DIOCESAN BOARD OF FINANCE LIMITED
- THE RT REVD ELIZABETH JANE HOLDEN LANE — trustee here and at THE DERBY DIOCESAN BOARD OF FINANCE LIMITED
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE DERBY DIOCESAN BOARD OF FINANCE LIMITED | FY2021 | £328k |
| THE DERBY DIOCESAN BOARD OF FINANCE LIMITED | FY2023 | £268k |
| THE DERBY DIOCESAN BOARD OF FINANCE LIMITED | FY2024 | £200k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHBISHOPS' COUNCIL | 1 | £6.5m |
| THE SALISBURY DIOCESAN BOARD OF FINANCE | 1 | £337k |
| THE LONDON DIOCESAN FUND | 1 | £171k |
| SARUM ST MICHAEL EDUCATIONAL CHARITY | 1 | £136k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | 1 | £7k |
| CULHAM ST GABRIEL'S TRUST | 1 | £5k |
| THE WHITECHAPEL EDUCATIONAL FOUNDATION | 1 | £250 |