OXFORD DIOCESAN BOARD OF FINANCE(THE)

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. OXFORD DIOCESAN BOARD OF FINANCE(THE) · parent
   1. Diocesan Trustees (Oxford) Limited · responsible for ensuring that parish and educational properties and trust funds are used in accordance with the terms of trust.

Significant events

• “Submitted an £8.7M bid to transform mission and ministry for youth and children across the Diocese; bid not awarded in March 2025 due to uncertainties around national Church funding.”
• “Extended the year-end deadline for receipt of Parish Share contributions to 14 January each year.”
• “Introduced deanery financial sustainability plans to support deaneries contributing less than 90% of their parish share allocation in prior 2 years.”
• “Consolidated work and identified distinct mission areas for seven resourcing hubs across the Diocese with changes to outcomes and budgets agreed with the national Church.”
• “Commenced implementation of the £10m committed investment in vicarage net zero programme, with additional staff appointed and a strategy approved in December 2023.”
• “A Church Buildings strategy was brought to Bishop's Council and then agreed by Diocesan Synod in the second half of 2024, expanding the church buildings team's capacity.”
• “Launched the Learning Hub in September 2023, seeing excellent take-up of modules with around 850 individuals.”
• “An independent safeguarding audit by INEQE in June concluded the Diocese had a 'solid safeguarding foundation delivered by its exceptionally well-led and blended safeguarding team'.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -1.6%

  £28,414,000 → £27,968,000

• Cash

  -51.3%

  £15,074,000 → £7,336,000

• Net assets

  -0.5%

  £524,858,000 → £522,266,000

• Employees

  +1.9%

  105 → 107

• Operating profit

  -55.6%

  -£5,699,000 → -£8,865,000

• Profit before tax

  -166.9%

  -£2,305,000 → -£6,153,000

• Wages

  +11.9%

  £3,401,000 → £3,805,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers