Question 1

What is the mission of THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

Norwich Diocesan Board of Finance Limited was set up to promote, facilitate and assist with the work of the Church of England for the advancement of the Christian faith in the Diocese of Norwich and elsewhere, providing resources for Ministry and Mission.

Question 2

What is the financial size of THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED is classified as a major charity. In the latest financial year, they reported a total income of £13,438,000 and total expenditure of £13,006,000.

Question 3

How does THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 94.8% goes directly to charitable activities. The remaining 5.2% is spent on raising funds and administration. This is lower than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED employs 51 staff members and is supported by 500 volunteers.

Question 5

Does THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED pay its trustees?

Accepted Answer

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

THE NORWICH DIOCESAN BOARD OF FINANCE LIMITED

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