MANCHESTER 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. 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

Consolidated group

Auditor

Haysmac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We have made an assessment of the Charity's ability to continue as a going concern for a period of at least twelve months from the date on which the financial statements were approved for release. Having performed our assessment we were able to conclude that the Charity is able to continue to operate as a going concern and that it is appropriate to prepare the financial statements on a going concern basis. In making our assessment we did not consider there to be any material uncertainty relating to events or conditions that individually or collectively may cast significant doubt on the Charity's ability to continue as a going concern.”

Group structure

1. MANCHESTER DIOCESAN BOARD OF FINANCE · parent
   1. Manchester Diocesan Church House Company Limited 98.6% · England and Wales · provision of a Church House for Diocesan purposes, and in furtherance of this, the operation as a property company.

Significant events

• “We have had similar successes with church planting and revitalisation. Over the last seven years, we have set up four new resource churches and over ten church plants.”
• “We will continue our work towards the 2030 net zero carbon goal set by General Synod, by supporting our churches and schools with measuring their energy use and taking simple, practical steps to reduce their carbon footprint.”
• “In 2024 we made significant progress across these areas, celebrating key milestones in ministry and community outreach.”
• “In January, members of Fabric Church held their first service in Ardwick Barracks. This city centre resource church has been launched with support from the Church Commissioners and the Church Revitalisation Trust and is serving the growing population of people - particularly young adults and students living in Manchester.”
• “In December we announced the news that the Revd Andy Bird, Curate at St Werburgh's Chorlton will be moving to take up a new post at William Temple Church in Wythenshawe.”
• “The annual review for the Antioch Network took place in May 2024 and built on an in-depth assessment carried out in 2023 by Bishop Matthew.”
• “Since the launch of the awards at the beginning of 2024, 25 parishes have applied for and received funding for a wide range of projects aimed at revitalisation and growth.”
• “During Petertide weekend, 18 deacons and 14 priests were ordained to serve in parishes around the diocese.”
• “In May, our Transforming Prayer Community celebrated its first anniversary with a special Evensong service, during which Bishop Mark recommissioned the community for the year ahead.”
• “Following the Makin Review and other national safeguarding events, Bishop David wrote to clergy and lay leaders to reaffirm his commitment to safeguarding.”
• “Having formally committed to working for racial justice at Diocesan Synod in 2019 and in the light of progress since then, we were successful with our bid in 2024 to the Racial Justice Unit in December to fund: the roll-out of the Shades diversity and anti-racism programme for young people in our schools and parishes; direct support for our GMH congregations; development and training for our clergy and lay leaders to promote diversity and inclusion and combat racism; the provision of small grants for local parish projects. This programme will be implemented in 2025.”
• “Over 100 churches in Manchester Diocese have now achieved Eco Church accreditation. Manchester Cathedral has been awarded Silver Eco Church status, and St John's House received a Bronze Award, marking a significant step towards our goal of becoming a Net Zero Carbon Diocese by 2030.”
• “Manchester Diocesan Board of Finance and Board of Education have been awarded the Investors in People 'We invest in people' Gold Award, recognising the effective leadership, ongoing support and motivated team based at St John's House.”
• “Manchester Cathedral hosted a service to celebrate 30 years since the first ordination of women priests.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  —

  Not reported

• Cash

  -27.1%

  £17,556,000 → £12,798,000

• Net assets

  +2.2%

  £126,016,000 → £128,778,000

• Employees

  -1.3%

  77 → 76

• Profit before tax

  -174.5%

  -£1,128,000 → -£3,096,000

• Wages

  +19.9%

  £2,093,000 → £2,509,000

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