Overall GiG Score: 8 ?
Finance Score: 4
Governance Score: 2
Support Score: 2
  • Liabilities <10%: +3
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Grant maker support: +2

THE LICHFIELD DIOCESAN BOARD OF FINANCE (INCORPORATED) 

The principal activity is to promote assist and advance the work of the Church of England in the Diocese of Lichfield and elsewhere, by acting as the financial executive of the Diocesan Synod. It oversees the resourcing of ministry within the Diocese and the financing of the work of the various diocesan bodies.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker recently
  • This charity has a robust balance sheet
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • There are 28 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
Established: 19 years
(94 years as a company)

www.lichfield.anglican.org

info@lichfield.anglican.org

01543306030

Charity Commission for England and WalesCompanies HouseX

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£27,990£18,918£9,072£0£195,397£15,774106810
31/12/21£17,063£18,034£-971£0£177,260£18,34912.27512
31/12/20£16,557£17,470£-913£18£158,290£17,15111.88815
31/12/19£18,196£18,524£-328£0£150,168£17,45111.3920
31/12/18£18,371£19,034£-663£31£140,449£16,39910.31000
31/12/17£18,283£18,393£-110£0£139,275£17,01411.1990
31/12/16£18,873£17,897£976£0£131,677£16,04910.81000
31/12/15£18,418£17,652£766£307£123,868£15,86710.8770
31/12/14£18,459£18,414£45£197£76,723£11,0957.2810
31/12/13£17,988£18,091£-103£163£74,256£10,4166.9620
31/12/12£17,040£17,346£-306£209£70,826£9,4356.5590
31/12/11£16,903£18,694£-1,791£188£69,746£8,8645.7600
31/12/10£17,729£17,835£-106£291£71,664£9,2076.2520
31/12/09£16,732£17,516£-784£246£68,323£8,3805.7480
31/12/08£19,489£17,147£2,342£236£68,053£7,7985.5500
31/12/07£20,278£16,065£4,214£231£68,379£8,1466.1500
31/12/06£15,643£15,482£161£0£0£0n/a00
31/12/05£14,577£15,270£-693£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 1.5%
Fundraising Costs/Total Spending: 1.3%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 2%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 8%
Reserves/Spending: 10 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2.6
Asset Split ?
What it does
  • Religious Activities
Who works here?
  • 68 employees
  • 10 volunteers
Who it helps
  • The General Public/Mankind
How it operates
  • Acts as an umbrella or resource body
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Sandwell, Shropshire, Staffordshire, Telford & Wrekin, Walsall, Wolverhampton,

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
The Grocers' Charity - 2023 Match - St Peter's Church, Wrockwardine
£4,500 21/10/2022
Revitalising community life

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (28)
Current Trustees appointed

Age Range of Trustees: 35-86
  • DAVID WRIGHT (Chair) Appointed: 2023, Occupation: National Fleet Sales Executive
Legal constitution
  • Charitable company registered in England & Wales on 27/01/2005, number: 1107827
  • Registered at Companies House on 14/05/1929, number: 00239561
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
18 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from ST JUDE'S HOSTEL FUND (TRUST 1619) on 06/10/2020
Main office

THE DIOCESAN SECRETARY
ST MARYS HOUSE
THE CLOSE
LICHFIELD
STAFFS
WS13 7LD

Objectives

TO DO ALL OR ANY OF THE FOLLOWING THINGS IF AND SO FAR AS ALLOWED BY LAW AND OBSERVING AND PERFORMING WHATEVER MAY BE REQUIRED BY LAW IN ORDER TO CARRY OUT SUCH OBJECTS, NAMELY:TO PROMOTE AND ASSIST THE WORK AND PURPOSES OF THE CHURCH OF ENGLAND IN THE DIOCESE OF LICHFIELD.

Defined Area of Benefit:

DIOCESE OF LICHFIELD.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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