GLOUCESTER DIOCESAN BOARD OF FINANCE

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. GLOUCESTER DIOCESAN BOARD OF FINANCE 1986-06-19 → present
2. GLOUCESTER DIOCESAN BOARD OF FINANCE LIMITED 1919-12-30 → 1986-06-19

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Taking account of the satisfactory levels of aggregate reserves (see Reserves Policy note below) and cash, and systems of financial and risk management, it is the trustees' opinion that the charity is well placed to manage operational and financial risks successfully. Accordingly, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and do not believe that there are any material uncertainties as to the going concern of the charity. Therefore, the trustees are content that the charity continues to adopt the going concern basis of accounting in preparing the annual accounts.”

Group structure

1. GLOUCESTER DIOCESAN BOARD OF FINANCE · parent
   1. Church Development Agency Limited · development of property
   2. Jumping Fish Limited · publication of educational materials and professional services, for advertisement of the Christian religion
   3. Sportily Limited · promoting and assisting the work, objects and purposes of the Church of England for the advancement of Christian faith, in particular by the development of specialist ministries based principally on sports and wellbeing
   4. The Charity of Ann Edwards · small Almshouse Charity operating principally in Gloucester. It focuses on the quality of its provisions and is a much loved and valued part of the diocesan family of charities

Significant events

• “In early 2024 the Board granted £600k towards the Church Housing Association (CHA) of which it is the corporate member.”
• “Church Development Agency (CDA) (formerly Good and Faithful Servant) appointed a new CEO/Surveyor after several years without a such a role.”
• “The Board takes seriously the Synodical motion at both General and Diocesan Synod to reach net zero carbon by 2030, and progress has accelerated rapidly since June 2024.”
• “Steep rises in bond yields at the end of 2024 led to falling valuations for alternative assets such as infrastructure and private equity.”
• “At 31 December 2024, the general fund balance is £4.3m (2023: £4.5m) with free reserves of £1.6m (2023: £2.0m). Although the free reserves are below the target level, funds are held in investments which can be liquidated to ensure the GDBF holds sufficient funds to follow the requirements of the policy.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Showing the first 100 officers on file — Companies House returns these 100 per page and this record sits at that limit, so the list (and any former officers) may be incomplete. Full register on Companies House

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.