TRURO DIOCESAN BOARD OF FINANCE LIMITED(THE)
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Cash
£3.8m
+36.2% vs 2024
Net assets
£120m
+0.2% vs 2024
Employees
53
+1.9% highest in 3 filed years
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
10 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £5,846,615 | £7,099,311 | £8,251,771 | +16.2% | |
| Operating profit | -£3,119,774 | -£5,164,632 | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | -£1,982,597 | -£2,308,904 | -£209,453 | +90.9% | |
| Cash | £7,281,025 | £2,809,592 | £3,825,382 | +36.2% | |
| Total assets less current liabilities | — | £120,049,893 | £120,247,211 | +0.2% | |
| Net assets | £119,923,025 | £120,049,893 | £120,247,211 | +0.2% | |
| Equity | £119,923,025 | £120,049,893 | £120,247,211 | +0.2% | |
| Average employees | 48 | 52 | 53 | +1.9% | |
| Wages | £1,306,831 | £1,479,332 | £1,590,628 | +7.5% | |
| Directors' remuneration | £0 | £0 | £0 | — | |
| Directors' pension contributions | £0 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -53.4% | -72.7% | — | |
| Net margin | -33.9% | -32.5% | -2.5% | |
| Return on capital employed | — | -4.3% | — | |
| Gearing (liabilities / total assets) | 0.9% | 1.0% | 0.8% | |
| Current ratio | 7.53x | 2.88x | 5.84x | |
| Interest cover | -18.22x | -21.97x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The trustees are satisfied that the TDBF has adequate resources to continue to operate as a going concern and have prepared the financial statements on that basis.”
Significant events
- “2025 saw significant changes in the leadership of the Board and diocese, we welcomed Bishop David Williams, and said farewell to Bishop Hugh Nelson and Archdeacon Kelly Betteridge.”
- “In 2025 the TDBF sold eight properties and purchased four with net proceeds of £1.5m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
15 active · 171 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VENNER DE CORTEZ, Catriona Jeanne | Secretary | 2026-07-01 | — | — |
| BOND, Karen Louise | Director | 2024-10-21 | Jan 1971 | British |
| CORBETT, Anna Elizabeth Harborne | Director | 2020-05-07 | Mar 1970 | British |
| DAY, Justin Mark | Director | 2024-09-14 | Sep 1958 | British |
| HOGGER, Clive Duncan, The Venerable | Director | 2024-06-25 | Mar 1970 | British |
| IRWIN, Charlotte Elisabeth | Director | 2015-10-16 | Jul 1967 | British |
| LEACH, Penelope Jane, Reverend | Director | 2026-05-28 | Jan 1954 | British |
| RISBRIDGER, Jeffrey Edward, The Reverend | Director | 2024-10-21 | Jun 1958 | British |
| STURGESS, Michael James | Director | 2025-12-02 | Mar 1956 | British |
| TAURINS, Simon Andrew | Director | 2024-10-21 | Apr 1968 | British,Latvian |
| THOMPSON, Andrew Gibb, Dr | Director | 2016-09-20 | Mar 1951 | British |
| TREASURE, James, Rt Rev | Director | 2026-05-10 | Sep 1975 | British |
| WEST, Robin Clinton | Director | 2026-09-22 | Dec 1950 | British |
| WILLIAMS, David Grant, The Rt Revd | Director | 2025-03-28 | Apr 1961 | British |
| WREN, Douglas Peter, Reverend | Director | 2025-06-02 | Nov 1959 | British |
Show 171 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CADE, Simon Peter, Reverend | Secretary | 2020-03-16 | 2026-06-30 |
| GORTON, Colin Beresford | Secretary | 1982-05-31 | 1998-07-31 |
| GORTON, Colin Beresford | Secretary | — | 1993-08-18 |
| LAITE, Ben Colston | Secretary | 1998-08-01 | 2002-10-31 |
| POLLARD, Esther | Secretary | 2010-03-26 | 2020-03-16 |
| STURGESS, Sheridan Jane | Secretary | 2002-10-31 | 2010-03-26 |
| ADAMS, Douglas George, Rev | Director | 1998-03-30 | 2003-07-31 |
| ANDERSON, Brian Arthur, Revd Preb | Director | 2003-09-27 | 2006-11-15 |
| ANDREW, Jeremy Charles Edward, The Revd | Director | 2009-10-22 | 2012-09-06 |
| ARTHUR, Kenneth Paul, Revd Canon | Director | 2015-10-16 | 2018-10-29 |
| ATTWOOD, Leslie Thomas, Revd | Director | 2006-11-15 | 2009-04-12 |
| BALL, Michael Thomas, Right Reverend | Director | — | 1997-02-14 |
| BARNES, David Keith, Reverend | Director | 2012-10-25 | 2018-10-29 |
| BARRIE, Brenda | Director | — | 2000-10-19 |
| BASHFORTH, Alan George, Revd | Director | 2003-10-16 | 2018-10-29 |
| BENNETT, Geoffrey Kenneth, Reverend | Director | 2001-06-15 | 2003-09-27 |
| BETTERIDGE, Kelly Anne, The Venerable | Director | 2021-05-23 | 2025-10-14 |
| BISHOP, David Jonathan | Director | 2003-09-27 | 2012-09-06 |
| BLUNDELL, Kenneth | Director | 2001-02-12 | 2003-09-27 |
| BOXALL, Martin Alleyne | Director | 1994-11-19 | 2000-10-19 |
| BRAVINER, William Edward | Director | 2000-10-19 | 2003-05-02 |
| BROWN, Anne Elizabeth, Revd Canon | Director | 2015-10-16 | 2020-07-17 |
| BRYER, Paul Donald, Venerable | Director | 2019-09-01 | 2023-10-14 |
| BURKE, Elizabeth Mary Ann, Reverend | Director | 2024-10-21 | 2026-09-02 |
| BURR, Jeffrey Cecil | Director | 1994-11-19 | 2000-10-19 |
| BUSH, Roger Charles, Dean | Director | 1997-12-01 | 2022-09-23 |
| BYROM, Malcolm Senior, Canon | Director | — | 2000-10-19 |
| CADE, Simon Peter Vincent, Reverend | Director | 2020-03-16 | 2020-03-16 |
| CARTER, Susanne | Director | 1997-12-01 | 2003-09-27 |
| CAUDWELL, Roger Philip | Director | 2006-11-15 | 2014-05-09 |
| CHAPMAN, Desmond Stanley | Director | 1997-12-01 | 2000-10-19 |
| COHEN, Clive Ronald Franklin, Venerable | Director | 2000-10-19 | 2011-05-08 |
| CONYBEARE, Janet Mary | Director | 2000-10-19 | 2009-10-22 |
| DAVEY, William Ernest Hickman | Director | — | 1997-01-19 |
| DICKENSON, Robin Christopher Wildish, Revd | Director | 2006-11-15 | 2012-09-06 |
| DICKENSON, Robin Christopher Wildish, Revd | Director | 2000-10-19 | 2003-07-31 |
| DILLOW, Douglas Logan | Director | 1994-11-19 | 2003-09-27 |
| DORRINGTON, Brian Goodwin, The Reverend | Director | — | 1997-10-31 |
| DOWLING, Jeremy Nicholas | Director | — | 2003-07-31 |
| ELKINGTON, Audrey Anne, Venerable | Director | 2011-07-29 | 2021-02-28 |
| EPPS, Christopher Derek, Reverend | Director | 2000-10-19 | 2006-11-15 |
| FISHER, Michael Harry | Director | 1994-11-19 | 1999-01-31 |
| FOLLAND, Teresa Lorraine, Reverend | Director | 2021-01-27 | 2025-12-02 |
| FOLLETT, Martin John | Director | — | 2003-07-31 |
| FOOT, Joachim Paul Winwaloe, Reverend | Director | 2022-12-08 | 2023-06-06 |
| FOULKES, Robert Hugh | Director | 2012-10-25 | 2015-01-23 |
| FRIGGENS, Maurice Anthony | Director | 1994-01-01 | 2000-05-31 |
| FURSE, Arthur Trevor John | Director | — | 2000-10-19 |
| GAMBIER, Neville Gore | Director | 2000-10-19 | 2003-07-31 |
| GILBERT, Roger, Rev Canon | Director | 1994-11-19 | 2000-10-19 |
| GOLDSMITH, Christopher David, Tr Revd Dr | Director | 2013-05-19 | 2019-09-30 |
| GOODLAND, Michael Eric, Rev'D | Director | 2015-10-15 | 2017-04-05 |
| GOODRIDGE, Perter David, Canon | Director | — | 1997-04-01 |
| GORTON, Colin Beresford | Director | — | 1994-02-17 |
| GOWER JONES, John Edward, Wing Commander | Director | — | 2001-12-11 |
| HALFORD, Ian | Director | 2006-11-15 | 2012-09-06 |
| HANSFORD, Gordon John, Reverend | Director | 2000-10-19 | 2003-09-27 |
| HARDWICK, Christopher George, The Very Rev'D Dr | Director | 2005-09-24 | 2011-10-06 |
| HERIAN, Nicolas Corin John | Director | 2015-10-16 | 2021-11-06 |
| HICKS, Andrew Peter, Dr | Director | 2021-11-06 | 2024-07-31 |
| HINE, Ivor Francis Milton | Director | — | 1994-11-19 |
| HINGSTON, William Mark | Director | 1994-11-19 | 2003-07-31 |
| HODGE, Terence Leslie | Director | 2009-10-22 | 2012-09-06 |
| HOGAN, Edward James Martin, Revd | Director | 2000-10-19 | 2003-07-31 |
| HOLBOROW, Geoffrey Jermyn | Director | 1995-02-08 | 1998-02-04 |
| HOLLEY, Paul Robert, Reverend | Director | 2021-12-08 | 2024-07-31 |
| HOLLEY, Paul Robert, Reverend | Director | 2017-09-21 | 2018-10-29 |
| HOPPER, Richard | Director | 2009-12-18 | 2015-09-25 |
| HORDER, Denis | Director | — | 1994-06-30 |
| HUSSEY, William Kenneth Alfred, Revd | Director | 2000-10-19 | 2001-06-16 |
| HYGATE, Roger Edward | Director | 2015-10-16 | 2018-10-29 |
| INCE, Patricia | Director | 1994-11-19 | 2009-10-22 |
| IND, William, Rt Revd | Director | 1997-09-20 | 2008-04-30 |
| JAMES, Graham Richard, Rt Reverend | Director | — | 1999-10-30 |
| JEWELL, William Kenyon | Director | 2003-09-27 | 2009-10-22 |
| JOPLING, Norman | Director | 2000-10-19 | 2003-07-31 |
| KEAST, Andrew | Director | 2015-10-16 | 2019-12-17 |
| KIRKPATRICK, Roger Haydyn | Director | 2018-10-29 | 2021-05-05 |
| LAWRENCE, David Anthony Edward | Director | 1997-12-01 | 2006-01-13 |
| MACINNES, Merisa Caroline | Director | 2024-10-21 | 2026-06-03 |
| MALKINSON, Christopher Mark, The Reverend Canon | Director | 2012-10-25 | 2015-09-25 |
| MALKINSON, Christopher Mark, The Reverend Canon | Director | 2005-04-15 | 2009-10-22 |
| MARTIN, Frederick Horace | Director | — | 1994-11-19 |
| MARTYN, Micheal John | Director | — | 1994-11-19 |
| MATTHEW, Andrew Foster, Canon | Director | 1994-11-19 | 1997-12-08 |
| MAYOR, Brian | Director | 1994-11-19 | 1997-11-30 |
| MCCABE, John Trevor | Director | — | 1999-12-31 |
| MCQUILLEN-WRIGHT, Christopher Charles, Rev | Director | 2018-10-29 | 2024-07-31 |
| MCQULLERN-WRIGHT, Christopher Charles, Reverend | Director | 2012-10-25 | 2015-09-25 |
| MELLOR, Kenneth Paul, Reverend Canon | Director | 1994-09-03 | 2003-09-27 |
| MILDREN, Eric Care | Director | 1994-11-19 | 1997-11-30 |
| MILES, Leslie Collins | Director | 1994-11-19 | 2003-07-31 |
| MILLER, David George, Revd. Canon | Director | 2003-09-27 | 2012-09-06 |
| MILLER, Pamela Ann | Director | 1994-11-19 | 2003-07-31 |
| MORGAN, Stephen John | Director | 2021-01-27 | 2023-04-30 |
| MORGAN LUNDIE, Ben Robert, Reverend | Director | 2021-11-06 | 2022-04-11 |
| MORRIS, Ian Henry, The Reverend | Director | — | 1995-09-07 |
| MOUNSTEPHEN, Philip Ian, The Right Reverend | Director | 2018-11-20 | 2023-10-10 |
| MOXON, Michael Anthony, Very Reverend | Director | 1998-05-16 | 2004-09-14 |
| NEAL, Anthony Terrence, Reverend Canon | Director | 2003-07-21 | 2004-10-19 |
| NELSON, Hugh Edmund, The Right Reverend | Director | 2020-07-15 | 2025-11-27 |
| NEWCOMBE, Timothy James Grahame, The Reverend | Director | — | 2003-09-01 |
| NICHOLAS, Elsie Marjorie | Director | — | 1997-11-30 |
| OSBORNE, Robin Orbell, Rev Canon | Director | — | 1994-09-02 |
| OSBORNE, Samuel Robert | Director | 1997-12-01 | 2003-07-31 |
| PAINE, Kathlyn Susan | Director | 1997-01-19 | 2003-07-31 |
| PARKER, Lynn, Rev Canon | Director | 2018-10-29 | 2021-11-06 |
| PAYNE, Helen Margaret | Director | 2009-10-22 | 2012-06-19 |
| PEER, Charles Scott, The Reverend | Director | 2009-10-22 | 2012-07-31 |
| PERRY, Robert John | Director | 2012-10-25 | 2024-07-31 |
| POCOCK, Nigel John, Canon | Director | — | 1997-07-22 |
| PRITCHARD, Thomas James Benbow | Director | 2000-10-19 | 2001-08-07 |
| PROBERT, Christopher John Dixon, Revd | Director | 2006-12-05 | 2011-07-31 |
| PYKETT, Julian Giles | Director | 1997-04-01 | 2003-04-03 |
| RAKE, David John, The Revd Dr | Director | 1998-10-22 | 2003-09-27 |
| RANDELL, Philip John, The Reverend | Director | — | 1991-11-19 |
| RAVENSCROFT, Raymond Lockwood, Ven | Director | — | 1996-09-30 |
| ROBERTS, John Edwin | Director | — | 1994-02-17 |
| ROBERTS, Sheila Mary | Director | — | 1994-11-19 |
| ROBERTS, Trevor | Director | — | 1997-11-30 |
| ROBINS, Douglas Geoffrey, Revd | Director | 2000-10-19 | 2003-09-27 |
| ROBINSON, Simon Joseph, Reverend | Director | 2022-12-08 | 2026-04-30 |
| ROGERS, Kenneth, Rev Canon | Director | 1995-09-01 | 1998-09-30 |
| SAINSBURY, Joy | Director | — | 1994-11-19 |
| SAUNDERS, John Barry, The Revd | Director | — | 1994-11-19 |
| SCREECH, Royden | Director | 2000-03-17 | 2011-12-31 |
| SHAPLAND, Richard Guy | Director | 1994-11-19 | 2003-09-27 |
| SHEARLOCK, David John, Very Rev | Director | — | 1997-12-31 |
| SKINNARD, Peter | Director | — | 2003-07-31 |
| SMITH, Jeffrey Howard | Director | 2003-09-27 | 2006-11-15 |
| SMITH, Roger Bayley | Director | 2022-12-08 | 2025-06-17 |
| SMITH, Timothy John | Director | 2015-10-16 | 2016-06-30 |
| STANBURY, Elizabeth Jennifer | Director | 2000-10-19 | 2003-07-31 |
| STANHOPE, Alan, Dr | Director | 2012-10-25 | 2015-09-25 |
| STEVEN, David Bowring, Reverend | Director | 2000-10-19 | 2003-09-27 |
| STUART, Jeremy Alan | Director | 2024-10-21 | 2026-02-19 |
| STUART-WHITE, William Robert, The Venerable | Director | 2012-12-16 | 2018-05-15 |
| STURGESS, Michael James | Director | 2015-09-26 | 2024-09-14 |
| STURGESS, Sheridan Jane | Director | 2012-10-25 | 2018-10-29 |
| SURRIDGE, Faith Thomas, Revd | Director | 2001-09-01 | 2003-07-31 |
| SYMONS, Russell Charles | Director | — | 2000-10-19 |
| TAYLOR, William John | Director | — | 2003-07-31 |
| TERRETT, Paul Everard, Group Captain | Director | 1997-12-01 | 2014-05-09 |
| TERRY, Robert Jeffrey, Reverend | Director | 2024-08-01 | 2026-08-20 |
| TERRY, Robert Jeffrey, Reverend | Director | 2021-12-08 | 2024-07-31 |
| THEWSEY, Robert Sydney, Reverend | Director | 2012-10-25 | 2015-09-25 |
| THORNTON, Timothy Martin, Bishop | Director | 2008-11-14 | 2017-08-31 |
| THOROLD, Jeremy Stephen, Rev Canon | Director | 2018-10-29 | 2021-11-06 |
| TODD, Michael John, Dr | Director | 2018-10-29 | 2020-04-13 |
| TODD, Michael John, Dr | Director | 1996-10-16 | 2016-09-20 |
| TOOGOOD, Noel Hare, The Revd | Director | — | 1996-01-31 |
| TREFUSIS, Nicholas John | Director | 1998-02-04 | 2003-07-31 |
| TREMAIN, Phillip James | Director | — | 2003-07-31 |
| TUCKER, Iain Charles | Director | 1994-11-19 | 2000-10-19 |
| TYSON, John Graham Ismay, Commander | Director | — | 2003-09-27 |
| VERRAN, Mary | Director | — | 2000-10-19 |
| WADE, Andrew John, Reverend | Director | 1997-12-01 | 2000-10-19 |
| WALKER, Lesley Ann, Revd | Director | 2012-10-25 | 2015-09-25 |
| WALTER, Hilda | Director | — | 1994-11-19 |
| WATSON, James Robert Matthews | Director | 1994-11-19 | 1997-11-30 |
| WEST, Robin Clinton | Director | 2016-07-08 | 2022-02-03 |
| WHITEMAN, Rodney David Carter, The Venerable | Director | — | 2005-12-31 |
| WHITLOCK, James Frederick, Reverend | Director | 1996-01-31 | 2000-10-19 |
| WILKINSON, Julia Mary, The Reverend Canon | Director | 2009-10-22 | 2012-09-06 |
| WILLIAMS, Helen Clare, Reverend Dr | Director | 2026-08-09 | 2026-08-09 |
| WILLIAMS, Hugh Martin, Rev | Director | — | 1993-08-06 |
| WILLIAMS, Peter | Director | — | 1994-11-19 |
| WILSON, James Andrew Christopher, The Reverend | Director | 1997-12-01 | 2000-10-19 |
| WIPPELL, Geoffrey Robert Myddleton | Director | — | 1994-11-19 |
| WYVERN BATT, Quintin Gerald | Director | — | 1996-10-16 |
| ZAPHIRIOU, Paul Victor, Reverend | Director | 2024-08-01 | 2025-03-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bishop Timothy Martin Thornton | Individual | Appoints directors, Significant influence | 2016-05-19 | Ceased 2017-08-31 |
Filing timeline
Last 20 of 420 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-08 | AA | accounts | Accounts with accounts type full | |
| 2026-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-24 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-08-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 0
- Officers appointed
- 5
- Officers resigned
- 10
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.