Financial Information

The Truro Diocesan Board of Finance Ltd, was formed to manage the financial affairs and hold the assets of the Diocese. The most recent Financial Statements of the Truro Diocesan Board of Finance Ltd are available on application from Diocesan House.

The Diocesan Synod (the members of the Company) delegates the following functions to the Bishop's Council and Standing Committee of Executive Committee:

• Management of the funds and property of the Diocese
• Preparation of annual estimates of expenditure
• Advising on action needed to raise the income necessary to finance expenditure
• Oversight of expenditure by bodies in receipt of Diocesan Synod's funds against estimates of expenditure approved by Diocesan Synod
• Advising Diocesan Synod of the financial aspects of its policy and on any other matters referred to it

The objects of The Truro Diocesan Board of Finance Ltd include funding  the following activities:

• The stipends of clergy and licensed lay workers engaged in the parochial ministry
• The provision and maintenance of appropriate housing for such clergy and lay workers
• The employment of clergy and lay staff in diocesan-wide ministries such as education, ministry development, evangelism and social responsibility
• The training and development of the People of God in all aspects of delivering ministry
• The provision of financial and other support to parishes
• The management and investment of glebe and other assets held under trusts for the benefit of the Diocese
• The employment of staff to manage the administration of the Company's affairs.

These activities are funded principally by parish contributions (Common Fund); some income is also received from the Church Commissioners, parochial fees and investments.

If you would like to speak to Michael Kent, the Diocesan Accountant or his Assistant, Caroline Warren, please call 01872 274351.

To email with any queries, please click here and fill out the on-line contact form.

All previous years' and the 2010 statutory accounts of the Board of Finance are now available to view on-line on the Charity Commission's website

This provisional Budget will be submitted to the Diocesan Synod in November, 2011 for approval.

Download

Provisional Budget 2012 (PDF 80.40kb)