Diocesan Board of Finance
This is a statutory body, established under the Diocesan Boards of Finance Measure 1925 and, as required by that Measure, a company registered under the Companies Act. It is also a registered Charity and members are therefore Charity trustees. The Board acts as the financial executive of the Diocesan Synod, is responsible for preparing the annual budget and accounts of the Diocese, and acts in accordance with the policy and directives of the Synod.
The principal aim of the Board of Finance is the promotion of the work of the Church of England in the Diocese of St Albans which covers Bedfordshire, Hertfordshire, Luton and part of the London Borough of Barnet. This objective is achieved by the collection of contributions from parishes via the Parish Share to support parochial mission and ministry, primarily by paying and housing parochial clergy, and supporting the statutory and non-statutory work of the Diocese.
The Board holds properties and investments in support of the clergy in the Diocese and also as Custodian Trustee on behalf of parish and church school trusts. It is responsible for the management of glebe land and other property, including some 237 parsonage houses, houses occupied by diocesan officials, and Holywell Lodge.
The Board deals with a range of other matters such as risk management, contracts for buildings and services, insurance, pensions, and the employment of the Board’s staff.
In addition to the support of local Anglican churches, the Board also works in partnership with other denominations in both local and countrywide ecumenical projects.
The Board normally meets four times a year at 5.30pm in the Diocesan Office in St Albans, but in the first year of the triennium there is an additional meeting in January for the purpose of appointing the Board’s Committees.
Membership (2016-2018) :
Chairman: Canon David Nye
Elected by the House of Clergy: The Reverend Dr Sam Cappleman, the Reverend Dr Kenneth Padley and four vacancies.
Elected by Deanery Synods: Mr C Gage, Mr E Wood, Mr D Clout, Dr R Southern, Canon D Nye, Mr G Nicholson, Mrs P Easterbrook, Mr J Butler, Mr C Bird, Mrs J Hale, Mr M Gates, Mrs H Potter, Ms J Gogarty, Mrs K Smith, Dr D Dallinger, Mr J Edmundson and four vacancies
Nominated by the Bishop: The Archdeacon of St Albans, The Archdeacon of Bedford, The Archdeacon of Hertford, Mr Richard Lyne, The Hon Richard Pleydell-Bouverie, and one vacancy.
Co-opted by the Board: Mr S Baynes, Mr T Fleming, Mr R Lindley
St Albans Diocesan Board of Finance is a company limited by guarantee registered in England and Wales: No.145227.
Registered Office: Holywell Lodge, 41 Holywell Hill, St Albans AL1 1HE
Registered as a charity in England and Wales: No. 248887
Dates of Meetings in 2019:
Monday 14 January
Monday 25 February
Monday 13 May – AGM
Monday 8 July
Monday 11 November
The Board has six main committees:-