DERBY DIOCESAN BOARD OF FINANCE LIMITED (THE) Annual Report and Financial Statements 2019 DERBY DIOCESAN BOARD OF FINANCE LIMITED (THE) Annual Report & Financial Statements For the year ended 31 December 2019 TABLE OF CONTENTS Page Number Administrative Details 3 Vision Statement 5 Introduction & Foreword 6 7 Trustees’ Report – incorporating Strategic Report Trustees’ Responsibilities 20 Statement of Disclosure to Auditors 20 Independent Auditors’ Report 21 Financial Statements 24 2 ADMINISTRATIVE DETAILS Derby Diocesan Board of Finance Limited (The) is a Charitable Trust Company Limited by Guarantee and not having a share capital. (Company No 229700 England, Registered Charity No 249767). Membership of the Board consists of those members of Derby Diocesan Synod who are not employed by the Board. President: The Bishop of Repton – The Right Reverend Jan McFarlane (to 11 February 2019) The Bishop of Derby - The Right Revd Elizabeth Lane (from 11 February 2019) Registered Office: Church House, Full Street, Derby DE1 3DR Telephone: 01332 388650 Email:
[email protected] Website: www.derby.anglican.org For a list of direct dial telephone extensions see the diocesan website. Bishop’s Council & Standing Committee of Diocesan Synod (Being the financial executive of the Diocesan Synod and the Board of Directors of the Board of Finance) The trustees (for the purpose of charity law) and directors (for the purpose of company law) during the year and as at the date of signing were as follows: Chair The Right Reverend Jan McFarlane - Bishop