Finance Score: -2

Governance Score: 5

Support Score: 3

Multiple Deficits and declines: -5
Fundraising costs low: +3

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3

Grant maker support: +3

Overall GiG Score: 6

ST DAVIDS DIOCESAN BOARD OF FINANCE

To enable the Christian ministry of the Church in Wales in the Diocese of St Davids

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are 19 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

Income has been volatile and on several occasions in recent years less than spending

Established: 63 years
(94 years as a company)

www.stdavidsdiocese.org.uk

Diocese.stdavids@churchinwales.org.uk

01267 236145

Charity Commission for England and Wales

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
31/12/22	£5,148	£6,975	£-1,827	£0	£12,754	£7,736	13.3	15
31/12/21	£7,096	£6,722	£373	£0	£15,169	£8,641	15.4	13
31/12/20	£7,343	£7,563	£-221	£0	£13,948	£8,054	12.8	15
31/12/19	£5,799	£6,445	£-646	£0	£14,211	£8,389	15.6	14
31/12/18	£6,008	£6,085	£-77	£10	£14,145	£8,206	16.2	14
31/12/17	£5,529	£5,704	£-176	£13	£14,571	£8,325	17.5	13
31/12/16	£5,558	£5,677	£-119	£47	£14,493	£8,215	17.4	6
31/12/15	£5,750	£5,822	£-72	£62	£13,935	£8,151	16.8	6
31/12/14	£5,635	£5,746	£-111	£97	£13,908	£8,105	16.9	6
31/12/13	£5,900	£5,975	£-75	£48	£13,332	£7,695	15.5	6
31/12/12	£5,761	£5,580	£181	£50	£9,111	£3,850	8.3	7
31/12/11	£5,639	£5,101	£538	£50	£8,551	£3,411	8	7
31/12/10	£5,372	£5,181	£192	£67	£8,290	£3,189	7.4	7
31/12/09	£5,769	£5,200	£569	£56	£7,476	£2,842	6.6	7
31/12/08	£6,470	£6,385	£85	£38	£6,165	£2,412	4.5	5
31/12/07	£5,583	£5,276	£307	£30	£5,980	£2,235	5.1	5
31/12/06	£4,731	£4,861	£-129	£0	£0	£0	n/a	0
31/12/05	£3,669	£3,474	£194	£0	£0	£0	n/a	0
31/12/04	£4,411	£4,418	£-7	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.9%
Fundraising Costs/Total Spending: 0.6%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 13%
Liabilities/Income: 37%
Unrestricted Funds/Total Funds: 61%
Reserves/Spending: 13.3 months
Net Current Assets/Spending: 8 months
Quick Ratio: 3.6

Asset Split ?

Listed activities

Accommodation/Housing
Education/Training
Religious Activities

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides other finance
Provides services

Where it operates

Carmarthenshire, Ceredigion, Pembrokeshire, Powys,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

15 employees

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
National Lottery Heritage Fund - Grant to St Michael's Church, Llanfihangel-y-Creuddyn, Ceredigion
£183,900	04/09/2019	Eglwys a Threfdadaeth : Llanfihangel-y-Creuddyn : Church and Heritage
National Churches Trust - Partnership award to CAREW, St Mary
£5,000	08/11/2018	Installation of a small kitchenette
Garfield Weston Foundation - Main Grants award
£15,000	15/08/2018	Roof refurbishment
Garfield Weston Foundation - Main Grants award
£2,500	25/07/2018	Kitchenette Project
National Churches Trust - Repair award to CAREW, St Mary
£10,000	01/06/2016	Tower roof repairs, gutters, rainwater goods, heating, servery
National Lottery Heritage Fund - Grant to East Williamston Church
£34,900	19/03/2015	Internal and External repairs to St Elidyr's Church

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (19)

Current Trustees appointed

Age Range of Trustees: 44-73

ANDREW GORDON HENLEY Appointed: 2023, Occupation: University Professor, Other trusteeship: PARISH OF ABERYSTWYTH PAROCHIAL CHURCH COUNCIL,

ARWEL BOWEN CHARLES DAVIES Appointed: 2019, Occupation: Vicar

CANON JOHN RICHARD CECIL Appointed: 2019, Occupation: Clerk In Holy Orders, Other trusteeships: THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL, ROOSE LOCAL MINISTRY AREA COUNCIL CIO,

HAZEL EVANS (Chair) Appointed: 2015, Occupation: Retired, Other trusteeship: THE REPRESENTATIVE BODY OF THE CHURCH IN WALES,

ISLWYN DAVIES EVANS Appointed: 2023, Occupation: Accountant

JUDITH ANNE PRIOR HAYWARD Appointed: 2016, Occupation: Housewife

MARI HUGHES Appointed: 2023, Occupation: Retired Deputy Headteacher

NIGEL EVANS Appointed: 2015, Occupation: Retired

NIGEL ROBERTS Appointed: 2011, Occupation: Banking And Finance Consultant, Other trusteeships: ORIEL MYRDDIN, CARMARTHEN FAMILY CENTRE, ORIEL MYRDDIN,

PHILIP MORRIS HUGHES Appointed: 2023, Occupation: County Councilor

REV ROLAND WYN MASKELL Appointed: 2021, Occupation: Clerk In Holy Orders

REV STEVEN ANTHONY BRETT Appointed: 2023, Occupation: Cleric

THE RIGHT REVEREND DORRIEN PAUL DAVIES Appointed: 2017, Occupation: Vicar, Other trusteeships: THE WIDOWS, ORPHANS AND DEPENDANTS SOCIETY OF THE CHURCH IN WALES, THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL,

TIMOTHY JAMES LLEWELYN Appointed: 2018, Occupation: Retired Bank Manager, Other trusteeships: PRIFYSGOL CYMRU / THE UNIVERSITY OF WALES, UNIVERSITY OF WALES:TRINITY SAINT DAVID, FRIENDS OF ST PETER'S CHURCH (CARMARTHEN),

VENERABLE MATTHEW ANTHONY ROBERT HILL Appointed: 2019, Occupation: Clerk In Holy Orders, Other trusteeship: THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL,

VENERABLE MOUNES ANTON FARAH Appointed: 2015, Occupation: Clerk In Holy Orders

VENERABLE PAUL MACKNESS, Occupation: Minister Of Religion, Other trusteeship: THE REPRESENTATIVE BODY OF THE CHURCH IN WALES,

VENERABLE RACHEL HANNAH EILEEN DAVIES Appointed: 2019, Occupation: Vicar, Other trusteeships: ST DAVID'S DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY, CADWYN TEIFI, IMPACT 242,

VERY REV DR SARAH CAROLINE ROWLAND JONES Appointed: 2018, Occupation: Retired, Other trusteeship: THE DEAN AND CHAPTER OF ST DAVIDS CATHEDRAL,

Legal constitution

Charitable company registered in England & Wales on 19/03/1961, number: 231239
Registered at Companies House on 05/10/1929, number: 00242794

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Welsh Government (Social Landlords And Housing Associations)

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; all on time

Main office

St. David Diocesan Board of Finance
Diocesan Office
Abergwili
CARMARTHEN
SA31 2JG

Objectives

TO PROMOTE AND ASSIST THE WORK OF THE CHURCH IN WALES IN ST. DAVID'S DIOCESE

Defined Area of Benefit:

NOT DEFINED

Data Sources