Finance Score: 7
Governance Score: 3
Support Score: 2
  • Liabilities <10%: +3
  • Good reserves management: +3
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • No volunteer policy: -2
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Grant maker support: +2
Overall GiG Score: 12 ?

SHEFFIELD DIOCESAN BOARD OF FINANCE 

To promote, facilitate and assist with the work and purposes of the Church of England for the advancement of the Christian faith and other charitable work in the Diocese of Sheffield or its successor diocese and elsewhere.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker recently
  • This charity has a robust balance sheet
  • Reserves management has been consistently within official guidelines
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

  • Although this charity works with volunteers it does not have a Volunteer Management policy
  • There are 17 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

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*£9,912£11,008£-1,096£0£60,417£6,7557.49490
31/12/21£10,263£10,042£221£87£63,266£6,8208.11530
31/12/20£9,559£9,706£-147£0£59,598£6,0677.51470
31/12/19£9,748£9,911£-163£130£57,817£5,8237.186140
31/12/18£9,255£9,955£-700£65£53,415£3,1693.8710
31/12/17£9,036£8,803£233£57£53,364£3,3504.6550
31/12/16£9,144£8,327£817£44£53,503£5,0547.3440
31/12/15£8,853£7,937£916£38£51,069£4,5466.9320
31/12/14£9,025£8,078£947£76£55,333£4,1016.1230
31/12/13£8,465£8,326£139£67£48,937£3,6545.3230
31/12/12£8,392£8,545£-153£73£47,937£3,1574.4280
31/12/11£8,541£8,909£-368£74£47,742£3,1624.3280
31/12/10£8,835£9,170£-335£65£50,197£3,9875.2290
31/12/09£8,739£8,612£127£60£50,203£3,5164.9280
31/12/08£9,051£8,474£577£69£50,230£3,4514.9290
31/12/07£9,622£8,844£778£66£55,666£4,0645.5340
31/12/06£8,252£7,938£314£0£0£0n/a00
31/12/05£7,906£7,854£52£0£0£0n/a00
31/12/04£7,745£7,774£-29£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.8%
Fundraising Costs/Total Spending: 0.6%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 2%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 11%
Reserves/Spending: 7.4 months
Net Current Assets/Spending: 3 months
Quick Ratio: 4.5
Asset Split ?
Established: 59 years
(100 years as a company)

www.sheffield.anglican.org

reception@sheffield.anglican.org

01709309117

Charity Commission for England and WalesCompanies HouseFacebookX
Listed activities
  • Religious Activities
GiG Classification
  • Christian congregations
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides other finance
  • Provides services
Where it operates
  • Barnsley, Doncaster, Rotherham, Sheffield City,
Who it helps
  • Other Defined Groups

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
Two Ridings Community Foundation - Grant to St. David's Parish Church, Airmyn
£3,582 13/01/2022
Grant to St. David's Parish Church, Airmyn
Henry Smith Charity - Grant to Pye Bank Primary School
£2,500 05/03/2020
0
towards a three night trip to the Peak District for children from Sheffield
National Churches Trust - Maintenance award to SHEFFIELD, St Polycarps
£2,711 07/03/2018
Repair a number of significant roofing failures and the results on the interior plastering of the Church

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (17)
Current Trustees appointed
Gender Split
Based on 14/17 persons

Age Range of Trustees: 43-85
Legal constitution
  • Charitable company registered in England & Wales on 25/11/1965, number: 245861
  • Registered at Companies House on 29/02/1924, number: 00196087
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR22: 16 days late,
Main office

DIOCESE OF SHEFFIELD
DIOCESAN CHURCH HOUSE
95-99 EFFINGHAM STREET
ROTHERHAM
S65 1BL

Objectives

TO ASSIST AND PROMOTE THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE DIOCESE OF SHEFFIELD.

Defined Area of Benefit:

DIOCESE OF SHEFFIELD

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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