Diocesan Budget and Accounts

Diocesan budget and accounts

The objectives of the current budget are to:

  • increase the number, and training, of people exercising Christian ministry in the diocese
  • sustain ministry in every parish by deploying the full number of parish priests apportioned to the diocese by the Archbishops' Council
  • encourage recruitment of parish clergy by maintaining stipends at the level recommended for the eastern region by the Archbishops' Council
  • upgrade parsonage houses to modern standards and provide routine maintenance and expenditure.

How the budget is agreed

The annual budget is drawn up after wide consultation across the diocese:

  • at the beginning of each year, budget holders are invited to submit their estimated expenditure for the following financial year, which begins on 1 January
  • a draft budget is drawn up and put before the Finance Committee, the Bishop's Council and the Diocesan Synod for their consideration during the spring
  • the Finance Committee then draws up the final budget which is made available to deanery synods for comment and approval
  • From 1 January 2017 the diocese will use a three-rolling budget prepared on a zero-based method.

Latest Agreed budgets

Previous Budgets

Financial Reports and Accounts

  • The Ely Diocesan Board of Finance Reports and Accounts are posted on the Charity Commission website and can be viewed via this link.

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Page last updated: 30th September 2021 3:12 PM
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We pray to be generous and visible people of Jesus Christ

Ely Diocesan Board of Finance is a company limited by guarantee registered in England and Wales with company number 142183, and a charity registered in England and Wales with Charity Number 245456. The registered address is: Diocesan Office, Bishop Woodford House, Barton Road, Ely, Cambridgeshire CB7 4DX. All rights reserved.