THE CHELMSFORD DIOCESAN BOARD OF FINANCE logo

THE CHELMSFORD DIOCESAN BOARD OF FINANCE

#249505
Charitable companyMajorRegistered
www.chelmsford.anglican.org

1. Mission & ministry in the parishes - paying clergy stipends incl pension contribs, providing & maintaining houses for clergy & training clergy & other parish officers.2. Education - providing support for head teachers & governors, facilitating capital expenditure on schools & sponsoring certain schools with academy status.3.Contributions to ncis4. Provision of the diocesan retreat house

Latest HighlightsFY 2024

Income

All sources

£22,321,043
Expenditure

All activities

£26,929,017
Net Reserves

Unrestricted funds

£5,034,036
Total Assets

Gross assets

£365,046,058
Working Capital

Liquidity

£853,022

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
2.2 months
Median: 3.6 monthsAround typical
Income Growth (1yr)
-15.5%
Median: 8.2%Below typical
Spending Efficiency
98.6%
Median: 97.2%Around typical
Income Concentration
62.8%
Median: 87.1%Around typical
Fundraising ROI
60.9x
Median: 27.3xAround typical
Income Volatility
12.2%
Median: 13.4%Around typical
Self-Generated Income
21.9%
Median: 92.1%Below typical
3-Year Income CAGR
-3.5%
Median: 8.7%Below typical

Efficiency & Health

Charitable Spending
98.6%
Fundraising Eff.

% income retained

60.9%
Governance Cost

% of expenditure

0.2%
Grant Making

% given away

7.2%
Debt Ratio

% of assets

1.4%
Survival Ratio

Months of reserves

2.2 months

Income Profile

Donations & Legacies

% of income

78.1%
Government Reliance

% of income

0%
Largest Source

Primary income

Donations & Legacies
Diversification

HHI: 6277

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

-15.5%
Income CAGR (3yr)

Compound growth

-3.5%
Volatility

Stable

12.2%
Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

102
Volunteers

Volunteer count

241
Volunteer Ratio

Per staff member

2.4:1
Revenue/Employee

Per head

£218,834
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

6.9%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure
Income Sources
Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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