Finance Score: 1

Governance Score: 5

Support Score: 9

Multiple Deficits: -2
Fundraising costs low: +3

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

Overall weighted support: +9

Overall GiG Score: 15

THE HEREFORD DIOCESAN BOARD OF FINANCE

Promotion of Christianity

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
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:

Why are there 13 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 £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23		£5,899	£7,197	£-1,298	£115	£91,129	£2,872	4.8	40	30
31/12/22		£6,115	£6,868	£-753	£114	£93,226	£3,514	6.1	43	30
31/12/21		£5,604	£6,737	£-1,133	£128	£90,987	£3,991	7.1	44	30
31/12/20		£5,740	£6,476	£-736	£18	£83,068	£4,349	8.1	43	50
31/12/19		£6,869	£5,694	£1,174	£17	£79,450	£4,612	9.7	44	50
31/12/18		£7,010	£6,664	£347	£42	£78,586	£3,977	7.2	48	0
31/12/17		£6,805	£6,020	£785	£71	£79,383	£4,553	9.1	38	0
31/12/16	*	£6,464	£6,189	£275	£172	£68,259	£3,930	7.6	41	0
31/12/15		£5,800	£5,957	£-157	£79	£65,997	£3,757	7.6	28	0
31/12/14	*	£5,907	£6,166	£-259	£110	£67,488	£4,061	7.9	29	0
31/12/13	*	£5,885	£5,899	£-13	£157	£60,529	£4,053	8.2	26	0
31/12/12		£5,587	£5,522	£65	£113	£59,266	£3,795	8.2	26	0
31/12/11	*	£5,407	£5,505	£-98	£114	£58,800	£3,437	7.5	27	0
31/12/10		£5,189	£5,245	£-56	£113	£56,785	£3,431	7.8	28	0
31/12/09		£5,252	£5,267	£-15	£41	£56,438	£3,331	7.6	26	0
31/12/08		£5,296	£5,230	£67	£44	£55,610	£3,077	7.1	29	0
31/12/07		£5,024	£5,027	£-3	£39	£62,393	£2,612	6.2	26	0
31/12/06		£4,751	£4,698	£53	n/a	n/a	n/a	n/a	n/a	n/a
31/12/05	*	£4,506	£4,328	£178	n/a	n/a	n/a	n/a	n/a	n/a
31/12/04	*	£3,946	£3,907	£40	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 4.7%
Fundraising Costs/Total Spending: 3%
Senior Staff Costs/Total Spending: 1%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 1%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: 3%
Reserves/Spending: 4.8 months
Net Current Assets/Spending: 2 months
Quick Ratio: 2.4

Asset Split ?

Balance Sheet History

Established: 58 years
(108 years as a company)

www.hereford.anglican.org

diooffice@hereford.anglican.org

01432373300

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Other Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Christian congregations

How it operates

Acts as an umbrella or resource body
Makes grants to organisations
Other charitable activities
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Herefordshire, Shropshire,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities
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.

Major supporters in last 5 years

National Lottery Heritage Fund	£100,000
Ministry for Housing, Communities and Local Government	£38,630
Department for Business, Energy and Industrial Strategy	£36,000
DCMS	£23,456

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Hereford Diocese: Support for Ukraine
£8,000	16/09/2022	The funding will use the funding to hire a translator who will help to provide support to Ukrainian nationals who are coming to live in the area. This will support vulnerable people and help them to reach their potential.
DCMS - Hereford Diocese POWSO
£16,771	01/04/2022	Regional Capacity Building Grant for 3 year POWSO post
Ministry for Housing, Communities and Local Government - Faith New Deal
£38,630	01/04/2022	The Faith New Deal Pilot Fund will provide £1.427m (alongside the wider National Faith & Hate Crime portfolio of projects) to test a Faith New Deal
DCMS - Hereford Diocese POWSO (3rd Term)
£6,685	01/04/2021	The grant is being used part-fund a 3 year Places of Worship Support Officer post within the Hereford Diocese
Department for Business, Energy and Industrial Strategy - Public Sector Low Carbon Skills Fund (Phase 1)
£36,000	25/11/2020	To improve low carbon skills in the public sector
National Lottery Heritage Fund - Grant to Parochial Church Council St. John the Baptist, Eastnor
£100,000	25/02/2020	Eastnor Church Restoration and New Facilities Project
National Lottery Heritage Fund - Grant to The Hereford Diocesan Board of Finance
£37,700	10/07/2018	The Encounter Project
National Churches Trust - Repair award to BRAMPTON ABBOTTS, St Michael and All Angels
£20,000	07/03/2018	Repairs to all roofs, rainwater goods, drains, stonework, porch, windows, internal walls and ceilings
National Lottery Heritage Fund - Grant to The Hereford Diocesan Board of Finance
£235,600	07/06/2016	Repair and regeneration of St Michael's Church, Brampton Abbotts

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 12/13 persons

Age Range of Trustees: 48-73

ANDREW CHARLES WOOD Appointed: 2023, Occupation: Company Director

DAVID JAMES CLEMENTS Appointed: 2023, Occupation: Retired

JOANNA CAROL BEAVAN Appointed: 2020, Occupation: Teacher

MATTHEW RONALD HALL Appointed: 2021, Occupation: Company Director

NIGEL ANTHONY SELLAR Appointed: 2020, Occupation: Chartered Accountant

REV CONSTANCE JANE ROGERS Appointed: 2020, Occupation: Business Manager

REV GREG SMITH Appointed: 2021, Occupation: Vicar

REV GUY SPENSER COLE Appointed: 2021, Occupation: Vicar

REV WILLIAM ASHLEY BUCK Appointed: 2020, Occupation: Vicar

THE RIGHT REVEREND RICHARD CHARLES JACKSON Appointed: 2020, Occupation: Bishop

THE VENERABLE FIONA RUTH GIBSON Appointed: 2021, Occupation: Archdeacon

VENERABLE DEREK CHRISTOPHER CHEDZEY Appointed: 2020, Occupation: Archdeacon

VERY REVD SARAH ROMILLY DENNER BROWN Appointed: 2021, Occupation: Dean Of Hereford Cathedral

Legal constitution

Charitable company registered in England & Wales on 18/10/1966, number: 249685
Registered at Companies House on 27/07/1916, number: 00144467

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints 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
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR16: 107 days late, AR14: 115 days late, AR13: 14 days late, AR11: 120 days late, AR05: 8 days late, AR04: 526 days late,

Main office

HEREFORD DIOCESAN BOARD OF FINANCE
HEREFORD DIOCESAN BOARD OF EDUCATIO
THE PALACE
PALACE YARD
HEREFORD
HR4 9BL

Objectives

TO PROMOTE, AID, AND FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORK, OF THE CHURCH OF ENGLAND (HEREAFTER CALLED THE CHURCH) IN THE DIOCESE OF HEREFORD (WHATEVER FOR THE TIME BEING SHALL BE THE AREA OF THE DIOCESE CALLED THE DIOCESE OF HEREFORD, OR CALLED BY ANY NAME WHICH SHALL HEREAFTER BE SUBSTITUTED FOR THE PRESENT NAME OF THE DIOCESE, AND WHICH AREA IS HEREAFTER REFERRED TO AS THE DIOCESE), BUT AT THE DISCRETION OF THE TRUSTEES ELSEWHERE IN THE WORLD INCLUDING THROUGH: I. SUPPORTING FINANCIALLY OR OTHERWISE TRAINING FOR MINISTRY, CLERICAL AND LAY II. THE MAINTENANCE AND SUPPORT OF CLERGY AND OTHER PERSONS CONNECTED WITH MINISTRY OR THE WORK OF THE CHURCH III. THE PROVISION OF PENSIONS FOR MINISTERS, TEACHERS AND WORKERS OF THE CHURCH, AND OF PERSONS WHO HAVE PREVIOUSLY HELD ANY SUCH POSITION, AND DEPENDENTS OF THEM OR ANY OF THEM AND THE OVERSIGHT OF SUCH DEPENDENTS IN ACCORDANCE WITH AND SUBJECT TO THE CLERGY PENSIONS MEASURE 1961

Defined Area of Benefit:

DIOCESE OF HEREFORD

Data Sources

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