WORCESTER DIOCESAN BOARD OF FINANCE LIMITED(THE)

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-04-18 (in 11mo)

Last made up 2026-04-04

Watchouts

None on the register

Cash

£611K

-2.9% vs 2023

Net assets

£90M

+5.6% vs 2023

Employees

+4.3% vs 2023

Profit before tax

-£437K

-3.3% vs 2023

Net assets

2-year trend · vs Consumer Discretionary median

WORCESTER DIOCESAN BOARD OF FINANCE LIMITED(THE)·Consumer Discretionary median · n=5592

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£9,010,000	£8,577,000
Operating profit	-£770,000	-£566,000
Profit before tax	-£423,000	-£437,000
Net profit	£388,000	£380,000
Cash	£629,000	£611,000
Total assets less current liabilities	£85,790,000	£90,797,000
Net assets	£85,070,000	£89,798,000
Equity	£85,070,000	£89,798,000
Average employees	46	48
Wages	£1,340,000	£1,503,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2023-12-31	2024-12-31
Operating margin	-8.5%	-6.6%
Net margin	4.3%	4.4%
Return on capital employed	-0.9%	-0.6%
Gearing (liabilities / total assets)	2.4%	1.9%
Current ratio	1.96x	4.42x
Interest cover	-4.28x	-3.99x

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: Crowe U.K. LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

“This plan has been significantly mobilised in 2024, and through a great deal of hard work and prayer this is already beginning to show evidence of encouraging developments in our engagement with children and young people, of growth in our Renewals Church congregations and of New Worshipping Communities across the Diocese.”
“In December 2024 we were very grateful to receive a further £1.1m capacity funding from the Strategic Mission and Ministry Investment Board, on behalf of Archbishop's Council, to enable key roles to support the programme.”
“In July 2024 an external safeguarding audit of the Diocese of Worcester was undertaken by INEQE. The auditors found that safeguarding in the diocese is effective, that the Diocesan Safeguarding Team is efficient and offers good support to parishes. One of the key audit recommendations was about restructuring safeguarding provision in the diocese and the cathedral to include the appointment of a director of safeguarding which is the first such post in the Church of England'.”

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

People

20 active · 80 resigned

Name	Role	Appointed	Born	Nationality
TODD, Andrew George, The Reverend	Secretary	2023-09-05	—	—
BADGER, Mark, The Venerable	Director	2024-01-01	Dec 1965	British
COOKSEY, Diane Marie, The Revd Canon	Director	2025-01-24	Jul 1975	British
DOWNING, Wadham St. John	Director	2023-11-06	Mar 1967	British
EDWARDS, Stephen Michael, The Very Revd	Director	2023-09-01	Jul 1972	British
GORICK, Martin Charles, The Rt Rev	Director	2020-03-09	Jun 1962	British
GROARKE, Nicola Jane, Ven	Director	2014-01-11	Jun 1962	British
HADLEY, Adam Richard, Revd	Director	2025-03-25	Mar 1982	British
HEWITT, Sarah Jayne	Director	2025-05-12	Nov 1963	British
HUNTER, Michael Douglas	Director	2023-03-20	Mar 1952	British
JOHNSON, Richard, The Revd Dr	Director	2022-03-09	Oct 1976	British
LUNN, Robin Christopher	Director	2025-01-24	Jun 1968	British
NELSON, Hugh Edmund, The Rt Revd	Director	2026-02-13	Aug 1972	British
NICHOL, Judith Lynn, Prof.	Director	2025-01-24	Apr 1963	British
RICHARDS, Hugh Alan	Director	2018-12-19	Dec 1959	British
ROBERTS-MALPASS, Sarah Louise	Director	2025-05-12	Dec 1977	British
TERERA, Tafadzwa Harriet	Director	2023-01-13	Jul 1981	Zimbabwean
WIGHTMAN, David Michael	Director	2022-07-14	Sep 1961	British
WILES, Eric Allen	Director	2017-03-16	Dec 1956	British
WILLIAMS, Timothy John, The Revd Canon	Director	2022-02-17	Jan 1964	British

Show 80 resigned officers

Name	Role	Appointed	Resigned
BELL, William, Colonel	Secretary	—	1991-10-31
HIGHAM, Robert William	Secretary	1999-01-01	2018-11-19
PRESTON, John Philip Harry, Dr	Secretary	2018-11-19	2023-09-05
STANBURY, John Godfrey	Secretary	1991-11-01	1998-12-31
ADAMS, Raymond Michael, Reverend Canon	Director	1995-01-01	2002-08-02
AGNEW, Stephen Mark, The Reverend	Director	2016-01-09	2018-03-19
ALLBUT, Bryan William	Director	2017-03-27	2022-12-31
AMPHLETT, Philip Richard	Director	1992-03-11	2000-12-31
ATKINSON, Peter Gordon, The Very Reverend	Director	2007-04-28	2023-08-25
ATTWOOD, Anthony Norman, Revd	Director	2004-03-15	2009-12-31
BADGER, Mark, The Reverend	Director	2016-01-07	2022-01-10
BAILEY, John Sinclair	Director	1995-01-01	2000-12-31
BARNES, William Joseph Athanaius, Revd	Director	2004-11-25	2006-05-01
BARRATT, William Raymond	Director	1992-03-11	1994-12-31
BENTLEY, Frank William Henry, The Venerable	Director	—	1999-09-30
BEYNON, Vincent Wyn, The Reverend	Director	2015-12-07	2019-01-01
BLACKHAM, Paul	Director	2016-01-08	2018-07-31
BOOTH, John Alwyn	Director	1992-03-11	1994-12-31
BOWEN, Eileen Joy	Director	1998-01-01	2003-07-31
BOYCE, Kenneth Albert, The Reverend	Director	2004-11-25	2007-01-01
BRADBURY, Alan Graham	Director	1992-03-11	1994-12-31
BROOKSBANK, Alan Watson, The Reverend	Director	—	1994-12-31
CAMP, Brian Arthur Leslie, Reverend	Director	1992-03-11	1994-12-31
CARTER, Michael John	Director	2001-01-24	2005-12-31
CHAPLIN, Douglas, Reverend	Director	2003-03-12	2007-01-01
CHAPMAN, Thomas Graham, Reverend	Director	1993-10-01	1994-12-31
CHIDLOW, John David	Director	2007-09-21	2012-12-31
CHIDLOW, John David	Director	2001-01-27	2007-01-01
CHRISTISON, Alexander John	Director	2003-03-12	2012-07-31
CLARK, Richard Martin, The Reverend	Director	2018-08-07	2022-01-10
CLARK, Richard Martin, The Reverend	Director	2016-02-12	2018-07-31
COCKERTON, Michael Ernest	Director	1992-01-01	1997-12-31
COLEMAN, Joan Lilian	Director	2008-01-18	2012-12-31
COOKE, Gordon Ewart, The Reverend	Director	—	1993-08-28
COPELAND, Christopher Paul, Reverend	Director	1993-01-01	1994-12-31
COURT, Richard Leonard, Rev.	Director	2011-01-07	2015-05-31
CUMMINS, Elizabeth Rosemary, Doctor	Director	1995-01-01	1997-12-31
CURRIE, Stuart William, Rev Canon Dr	Director	2005-10-11	2016-08-31
DATSON, David Hugh	Director	1993-12-08	1994-12-31
DAVIES, Allison Claire, The Revd	Director	2019-10-19	2025-01-02
DAVIES, Norman Eric	Director	2002-04-25	2003-12-31
DAVIES, Norman	Director	1992-03-11	1994-12-31
DAVIES, Rosemary Diane Bernidine	Director	2004-10-11	2006-07-31
DAY, Victoria	Director	2016-01-20	2019-09-23
DILLISTONE, Peter George	Director	2010-04-26	2012-12-31
DILLISTONE, Peter George	Director	1998-01-01	2003-12-31
DOORES, Jennifer Mary, The Revd	Director	2005-07-07	2006-07-31
DUMPER, Anthony Charles, The Right Reverend	Director	—	1993-07-30
DUNAND, Derek Ernest, Brigadier	Director	1994-01-01	1994-12-31
EMSON, Sylvia Lillian	Director	1992-03-11	1994-12-31
EVANS, Thomas Harold	Director	1992-03-11	1994-12-31
EVEREST, John Cleland, Reverend Canon	Director	1995-01-01	2000-01-31
FALSHAW, Simon Meriadoc, Rev	Director	2004-01-01	2004-08-09
FINDLAY, Alastair Kennedy, Canon	Director	2018-07-02	2020-01-01
FINDLAY, Alastair Kennedy, Canon	Director	1995-01-01	2018-06-30
FOX, Corinne Dora	Director	1998-01-01	2000-12-31
FREEMAN, Malcolm Leslie	Director	1994-03-09	1994-12-31
GATHERCOLE, John Robert, The Venerable	Director	—	2001-04-30
GODDARD, Harold Frederick, Reverend	Director	2001-01-01	2003-12-31
GODDARD, Harold Frederick, Reverend	Director	1995-01-01	2000-05-08
GOODRICH, Philip Harold Ernest, The Right Reverend	Director	—	1996-10-31
GRIFFITHS, Clifford John	Director	—	1997-10-17
GUMBLEY, Carolyn Mary	Director	2002-04-25	2003-12-31
GWILT, Geoffrey Martin	Director	1995-01-01	1997-06-18
HAINES, Heather	Director	1995-01-01	2001-01-24
HANCOX, Michael Ernest	Director	2016-05-04	2017-10-12
HANKE, Hilary Claire, Reverend Canon	Director	1998-01-01	1999-10-31
HARDING, Janet Mary Macfarlane	Director	2001-01-01	2002-10-09
HARDWICK, Christopher George, Reverend	Director	2003-10-14	2005-08-17
HARDWICK, Christopher George, Reverend	Director	1998-01-01	2003-07-31
HARDWICK, Christopher George, Reverend	Director	1993-02-09	1994-12-31
HARGREAVES, David Stuart	Director	2019-02-18	2020-06-01
HARGREAVES, David Stuart	Director	2016-01-29	2018-07-31
HARGREAVES, David Stuart	Director	2010-03-17	2015-12-31
HARRISON, Paul Graham, Reverend	Director	2013-01-01	2015-12-31
HARTNELL, Brian Alfred	Director	2001-01-01	2007-01-01
HASTILOW, Michael Trevor	Director	1992-03-11	1994-12-31
HAWKINS, David Nicholas	Director	2016-01-27	2019-01-01
HAWKINS, David Nicholas	Director	2013-01-11	2015-08-01
HAWKINS, David Nicholas	Director	2012-10-29	2013-01-30

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 511 total filings

Date	Type	Category	Description
2026-04-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-04-15	CH01	officers	Change person director company with change date	PDF
2026-02-16	AP01	officers	Appoint person director company with name date	PDF
2026-02-13	CH01	officers	Change person director company with change date	PDF
2025-07-15	AA	accounts	Accounts with accounts type full
2025-06-18	CH01	officers	Change person director company with change date	PDF
2025-06-18	CH01	officers	Change person director company with change date	PDF
2025-06-18	CH01	officers	Change person director company with change date	PDF
2025-05-23	AP01	officers	Appoint person director company with name date	PDF
2025-05-23	AP01	officers	Appoint person director company with name date	PDF
2025-04-15	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-04-02	AP01	officers	Appoint person director company with name date	PDF
2025-01-27	AP01	officers	Appoint person director company with name date	PDF
2025-01-27	AP01	officers	Appoint person director company with name date	PDF
2025-01-24	AP01	officers	Appoint person director company with name date	PDF
2025-01-24	TM01	officers	Termination director company with name termination date	PDF
2025-01-07	TM01	officers	Termination director company with name termination date	PDF
2025-01-07	TM01	officers	Termination director company with name termination date	PDF
2025-01-07	TM01	officers	Termination director company with name termination date	PDF
2024-11-14	TM01	officers	Termination director company with name termination date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 10
Capital events: 0
Officers appointed: 3
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

-4.8%

£9,010,000 £8,577,000
Cash

-2.9%

£629,000 £611,000
Net assets

+5.6%

£85,070,000 £89,798,000
Employees

+4.3%

46 48
Operating profit

+26.5%

-£770,000 -£566,000
Profit before tax

-3.3%

-£423,000 -£437,000
Wages

+12.2%

£1,340,000 £1,503,000

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

Official Companies House page