Last updated 17th August 2019
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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:
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.
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