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home >> charity search >> monmouth diocesan board of finance
Finance Score: 2
Governance Score: 6
Support Score: 0
  • Excess liquidity: -1
  • Fundraising costs low: +3
  • No volunteer policy: -2
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: 8 ?

MONMOUTH DIOCESAN BOARD OF FINANCE

To ensure that there is sufficient revenue to maintain the level of stipendiary ministry for the diocese and to enable the administrative functions of the diocese to be properly exercised.
Analysis by Giving is Great

Positives:

  • The charity has received modest 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 gender 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
  • Although this charity works with volunteers it does not have a Volunteer Management policy
  • Why are there 15 trustees whereas the Charities Commission recommends a maximum of 12?
  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income
Find similar charities within: miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/12/23£4,164£3,130£1,033£0£6,457£5,66021.71050
31/12/22£3,351£2,868£482£0£5,368£4,81020.1950
31/12/21£3,930£3,815£115£0£5,257£4,69614.8950
31/12/20£4,053£3,902£151£0£4,874£4,34313.41250
31/12/19£3,915£3,239£676£0£4,755£4,35216.11450
31/12/18£3,538£3,380£158£0£3,754£3,46412.3150
31/12/17£3,575£3,345£230£0£3,799£3,51912.6150
31/12/16£3,550£3,420£130£0£3,477£3,16811.1180
31/12/15£4,098£3,950£148£53£3,181£2,8608.7110
31/12/14£3,838£3,870£-32£54£3,062£2,7668.6110
31/12/13*£3,804£3,441£363£3,058£3,105£2,8289.980
31/12/12£3,744£3,633£111£50£2,567£2,2947.6140
31/12/11£3,666£3,714£-48£50£2,350£2,0136.5140
31/12/10£3,545£3,733£-187£53£2,446£2,1987.1140
31/12/09£3,333£3,054£278£49£2,521£2,2088.7120
31/12/08£3,919£4,076£-157£48£2,609£2,2496.640
31/12/07£3,690£3,642£49£43£3,115£2,5858.560
31/12/06£2,940£2,973£-33n/an/an/an/an/an/a
31/12/05£2,449£2,249£200n/an/an/an/an/an/a
31/12/04£2,449£2,249£200n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0.5%
Fundraising Costs/Total Spending: 0.6%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 13%
Liabilities/Income: 23%
Unrestricted Funds/Total Funds: 88%
Reserves/Spending: 21.7 months
Net Current Assets/Spending: 12 months
Quick Ratio: 4.3
Asset Split ?
Balance Sheet History
Established: 27 years

www.churchinwales.org.uk/monmouth/index.html

bethandavies@churchinwales.org.uk

01633267490

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Religious Activities
GiG Classification
  • Other congregations
How it operates
  • Acts as an umbrella or resource body
Where it operates
  • Blaenau Gwent, Caerphilly, Cardiff, Monmouthshire, Newport City, Torfaen,
Who it helps
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

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

Specific Donations
Amount When
Months		 To be used for
Haberdashers' Company - Thomas Arno Fund
£500 06/07/2022
Annual donation

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (15)
Current Trustees appointed
Gender Split

Age Range of Trustees: 34-70
  • ALAN DAVID JONES Appointed: 2021, Occupation: Self Employed
  • ANDREA THOMAS Appointed: 2023, Occupation: Bank Manager
  • ANN LOUISE MINFORD Appointed: 2023, Occupation: Retired
  • DR PAUL GLOVER Appointed: 2023, Occupation: Consultant
  • IAN STUART LOYND Appointed: 2023, Occupation: Head Teacher
  • MR C WRAY, Occupation: Engineering Manager
  • NICOLA GIBBONS Appointed: 2023, Occupation: Business Person
  • REV JAMES ANDREW HENLEY Appointed: 2023, Occupation: Priest
  • REV ROSS JAMES MAIDMENT Appointed: 2023, Occupation: Priest
  • THE RIGHT REVEREND CHERRY ELIZABETH VANN Appointed: 2020, Occupation: Bishop
  • THE VENERABLE IAN KENDALL REES Appointed: 2021, Occupation: Archdeacon
  • THE VENERABLE STELLA BAILEY Appointed: 2022, Occupation: Archdeacon
  • TIMOTHY RUSSEN Appointed: 2013, Occupation: Solicitor
  • VENERABLE JONATHAN SIMON WILLIAMS, Occupation: Minister Of Religion
  • VERY REVEREND IAN CHRISTOPHER BLACK Appointed: 2021, Occupation: Dean
Legal constitution
  • Charitable company registered in England & Wales on 23/01/1998, number: 1067653
  • Registered at Companies House on 02/01/1998, number: 03489945
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; AR13: 101 days late,
Main office

Diocese of Monmouth
Diocesan Board of Finance
64 Caerau Road
NEWPORT
Gwent
NP20 4HJ

Objectives

TO PROMOTE AND ASSIST THE PURPOSES OF THE CHURCH IN WALES AND IN THE PROVINCE OF WALES GENERALLY AND IN THE DIOCESE OF MONMOUTH FOR THE TIME BEING IN PARTICULAR AND TO COMPLY WITH THE CONSTITUTION OF THE CHURCH IN WALES AND THE DIOCESAN CONFERENCE IN SO FAR AS IS CONSISTENT WITH ITS REGISTRATION AS AN AUTONOMOUS INSTITUTION UNDER THE CHARITIES ACT 1993.

Defined Area of Benefit:

WALES AND DICESE OF MONMOUTH

Data Sources

Charity Commission for England and Wales
360 Giving

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