RIPON AND LEEDS DIOCESAN BOARD OF FINANCE

Charity number: 249860
Removed charity

Charity overview

Activities - how the charity spends its money

Mission and Ministry in the parishes (includes all clergy training, housing, stipends, pension and all other expenditure supporting parish based ministry). Contributions for National Church Institutions (mainly by grant support). Education funding (includes support services and capital expenditure support for schools). Specific diocesan projects (Fresh Expressions, CREATE children's work, Etc)

Income and expenditure

Data for financial year ending 30 April 2014

Total income:
£10,293,000

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Donations and legacies £8.12m
Charitable activities £436.00k
Other trading activities £353.00k
Investments £1.33m
Other £57.00k

Total expenditure:
£10,153,000

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Raising funds £0
Charitable activities £9.90m
Other £0

£4,338,000 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £258.00k
Charitable expenditure £9.90m
Retained for future use £140.00k

Fundraising

This charity raises funds from the public but does not work with commercial participators.

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Religious Activities
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Darlington
  • Leeds City
  • North Yorkshire

Governance

Registration history:
  • 25 November 1966: Standard registration
  • 17 December 2015: Removed (Funds transferred (gi))
  • 17 December 2015: Funds transferred to 1155876 LEEDS DIOCESAN BOARD OF FINANCE
Organisation type:
Charitable company
Other names:
  • THE RIPON AND LEEDS DIOCESAN BOARD OF FINANCE (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/12/2009 31/12/2010 31/12/2011 31/12/2012 30/04/2014
Total gross income £7.52m £7.72m £8.00m £7.84m £10.29m
Total expenditure £9.10m £8.74m £8.77m £8.73m £10.15m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £5.86m £6.05m £6.36m £6.18m £8.12m
Income - Other trading activities £231.00k £277.00k £265.00k £321.00k £353.00k
Income - Charitable activities £348.00k £311.00k £291.00k £280.00k £436.00k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.02m £1.02m £1.01m £1.03m £1.33m
Income - Other £62.00k £59.00k £78.00k £30.00k £57.00k
Income - Legacies £32.00k £0 £0 £0 £0
Expenditure - Charitable activities £8.94m £8.55m £8.55m £8.53m £9.90m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £33.00k £41.00k £39.00k £34.00k £46.00k
Expenditure - Grants institution £1.33m £624.00k £160.00k £244.00k £790.00k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2009 31/12/2010 31/12/2011 31/12/2012 30/04/2014
Own use assets £54.03m £52.78m £54.66m £53.28m £0
Long-term investments £19.55m £20.80m £18.84m £19.07m £0
Other assets £837.00k £891.00k £786.00k £1.95m £0
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.09m £1.22m £1.02m £1.18m £0

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2014 Not submitted
Accounts and TAR 31 December 2014 Not submitted
Annual return 30 April 2014 12 February 2015 On Time
Accounts and TAR 30 April 2014 12 February 2015 On Time
Annual return 31 December 2012 25 November 2013 25 days late
Accounts and TAR 31 December 2012 11 March 2013 On Time
Annual return 31 December 2011 21 November 2012 21 days late
Accounts and TAR 31 December 2011 02 April 2012 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 19 APRIL 1921 AND CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 8 SEPTEMBER 1999 AND RESOLUTION DATED 17TH FEBRUARY 2005

Charitable objects

TO SERVE AS THE FINANCIAL EXECUTIVE BODY OF THE CHURCH OF ENGLAND IN THE DIOCESE OF RIPON.

Area of benefit

The area the charity can operate in, as set out in its governing document.

DIOCESE OF RIPON