THE BISHOP'S DEVELOPMENT FUND
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds with a capital value of £750,000, which are unrestricted other than for the purposes of the Trust. The trustees report that sufficient investment assets exist to fund grants for the foreseeable future, indicating a stable financial position without stated reserves policy targets or deficits.
What the accounts disclose
“The Trust has a policy to hold funds to preserve its viability to award grants to future applicants.”
Trustees
- Elizabeth Margaret Morton
- Matthew Ambler
- The Right Reverend Malcolm Leslie Chamberlain
- The Venerable Catherine Mary Thatcher
- The Venerable William Edward Braviner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £104k | £85k |
| 30/06/2024 | £32k | £75k |
| 30/06/2023 | £34k | £73k |
| 30/06/2022 | £63k | £64k |
| 30/06/2021 | £32k | £52k |
Common questions
Is THE BISHOP'S DEVELOPMENT FUND financially healthy?
The accounts state that the charity holds unrestricted funds with a capital value of £750,000, which are unrestricted other than for the purposes of the Trust. The trustees report that sufficient investment assets exist to fund grants for the foreseeable future, indicating a stable financial position without stated reserves policy targets or deficits. Its FY2025 accounts were independently examined.
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