Overall GiG Score: 7 ?
Finance Score: 3
Governance Score: 3
Support Score: 1
  • Good reserves management: +3
  • No volunteer policy: -2
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +1

ST EDMUNDSBURY AND IPSWICH DIOCESAN BOARD OF FINANCE 

1. Training for, and maintenance of the ministry.2. Building, alteration and repair of properties in connection with the Board's objects.3. Religious education.4. Provision of central organisation.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker
  • This charity has an endowment fund which generates most of its income
  • Reserves management has been consistently within official guidelines
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Although this charity works with volunteers it does not have a Volunteer Management policy
  • There are 19 trustees whereas the Charities Commission recommends a maximum of 12
Established: 58 years
(108 years as a company)

www.cofesuffolk.org

dbf@cofesuffolk.org

01473 298500

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

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£9,562£9,922£-360£251£82,452£4,8875.9511,000
31/12/21*£9,988£9,173£815£87£83,130£4,4375.8461,000
31/12/20£9,256£9,214£42£77£80,919£4,0565.3471,000
31/12/19£9,240£9,040£200£195£79,493£3,9335.2431,000
31/12/18£8,901£8,334£567£8£76,247£4,3196.236250
31/12/17£8,373£8,436£-63£115£75,373£4,1525.9330
31/12/16£8,681£9,089£-408£89£74,325£4,2165.6390
31/12/15£8,074£9,010£-936£675£73,742£4,6326.2430
31/12/14£7,972£9,168£-1,196£888£78,506£5,5717.3370
31/12/13£8,257£8,778£-521£610£78,637£5,5547.6380
31/12/12£8,012£8,900£-888£572£77,809£4,9926.7370
31/12/11£7,985£9,530£-1,545£595£77,827£5,7707.3380
31/12/10£8,111£8,629£-518£603£80,730£6,6609.3400
31/12/09£8,233£8,455£-222£623£79,853£7,05810380
31/12/08£8,078£9,764£-1,686£666£79,709£6,9418.5370
31/12/07£7,474£8,139£-666£656£87,973£7,30910.8370
31/12/06£7,328£7,621£-293£0£0£0n/a00
31/12/05£6,626£7,107£-481£0£0£0n/a00
31/12/04£6,501£6,931£-430£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 2%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 6%
Reserves/Spending: 5.9 months
Net Current Assets/Spending: 9 months
Quick Ratio: 2.6
Asset Split ?
What it does
  • Education/Training
  • Religious Activities
Who works here?
  • 51 employees
  • 1,000 volunteers
Who it helps
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind
How it operates
  • Acts as an umbrella or resource body
  • Provides human resources
Where it operates
  • Essex, Suffolk,

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
Suffolk Community Foundation - All Saints Church Little Cornard Bell Restoration Appeal
£5,000 13/11/2017
9
To support the refurbishment of the church bells at Little Cornard.
Garfield Weston Foundation - Main Grants award
£5,000 30/08/2017
Bell Restoration Appeal

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (19)
Current Trustees appointed

Age Range of Trustees: 33-77
  • IAN WIGSTON Appointed: 2021, Occupation: Management Consultant
Legal constitution
  • Charitable company registered in England & Wales on 08/09/1966, number: 248919
  • Registered at Companies House on 16/02/1916, number: 00143034
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Filing Record
19 returns made; AR21: 2 days late,
Main office

DIOCESE OF ST. EDMUNDSBURY &
IPSWICH
4 CUTLER STREET
IPSWICH
IP1 1UQ

Objectives

TO PROMOTE AND ASSIST THE WORK AND PURPOSE OF THE CHURCH OF ENGLAND IN THE DIOCESE OF ST EDMUNDSBURY AND IPSWICH. (FOR DETAILS SEE MEMORANDUM OF ASSOCIATION)

Defined Area of Benefit:

DIOCESE OF ST EDMUNDSBURY AND IPSWICH

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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