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Last updated 17th August 2019

Diocesan accounts

This page contains ...

  • Background information about the Blackburn Diocesan Board of Finance Limited
  • Current and recent Annual Reports and Financial Statements with associated papers for the Blackburn Diocesan Board of Finance
  • How to access accounts for the Diocesan Board of Education, a separate but related company in the context of the Diocese of Blackburn

Background

The Blackburn Diocesan Board of Finance was formed in 1927 to manage the financial affairs and hold the assets of the Diocese.

The members of Bishop's Council are the Board of Trustees and are the company directors in law. Diocesan Synod has delegated the following functions to the Directors of the BDBF:

  • transacting the business of the Diocesan Synod when not in session 
  • management of the funds and property of the Diocese 
  • preparation of the annual Parish Share Budget 
  • advising on  action needed to raise the income necessary to finance expenditure 
  • oversight of expenditure by bodies in receipt of Diocesan Synod’s funds against estimates of expenditure approved by Diocesan Synod 
  • advising Diocesan Synod of the financial aspects of its policy and on any other matters referred to it; and 
  • carrying out any other functions delegated by Diocesan Synod.

Blackburn Diocesan Board of Finance Limited, a company limited by Guarantee in England No 225457. Registered Charity Number 247647. Registered Office Diocesan Offices, Clayton House, Walker Office Park, Blackburn BB1 2QE.


Blackburn Diocesan Board of Finance Annual Reports and Financial Statements

The Trustees' Annual Report and Financial Statements are usually presented at the Diocesan Synod in July following the last year end (31st December).

Diocesan Synod, July 2019

A further motion (see link below) at July Synod centred around the money given to the Diocese for Lower Income Communities Funding (LICF) and plans to target this money directly at parishes in most need.

The motion, tied to a report for Synod with recommendations (link below) was proposed by David Barlow, and was asking Synod to accept the recommendations to direct the LICF monies accordingly. 

A letter of explanation will be sent to parishes in due course, and before the plans are initiated; as well as further related updates on other Diocesan communications channels.

The Synod was told by David Barlow that, in recent years, LICF funding which was previously distributed by National church as the Darlow formula had been distributed using the share formula.

Changed restrictions to the grant when it became LICF monies means it must now be targeted to parishes in lower income communities which the DBF will commence from January 2020.

Synod heard there will be an impact on parishes that are not in defined ‘lower income communities’ as they will see increases in their Parish Share as a result of this change. 

Going forward, the LICF monies will be available to distribute to lower income parishes initially from 2020-25 but with no guarantees beyond that point as yet.

Following a supportive debate, the motion was proposed by David and was passed unanimously.

Past accounts


Blackburn Diocesan Board of Education 

The Diocesan Board of Education (BDBE) is a separate legal entity and a charity in its own right. At Diocesan Synod every July, BDBE accounts are also presented and are then filed at Companies House. Follow this link to see current (when filed) and previous accounts. 

 

 

Ronnie Semley, July 2017, last updated July 2019