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The purpose of the Board is to ensure that the assets of the Diocese are prudently invested in line with the ethos of the charity and the constraints of the Charities Act. Strategies are considered to ensure growth and to fund initiatives to meet the challenges of the church today, support parishes that can no longer manage and ensure that provision is made for education and training and priests' retirement.
The Board also sets an annual budget and ensures that the mission of the Diocese can be funded. The budget is found from an annual levy on the parishes and is supported by income from within the Diocese and investment income.
The Board manages the ongoing maintenance of property and establishes priorities for capital projects so that, within the constraints of cash flow, the Diocese can support repair and development where it is most needed. The Diocesan property is managed by David Horne, an Architect and Partner, Hulme Upright, Manchester.
The on-going maintenance of School property, with its vast buildings and ageing stock is a major concern of the Board. While these works attract grant from the DfES they have to be carefully managed within the cash flow.
Annual statutory accounts are prepared by the Board for the Trustees. They are presented at a public meeting each year.
The Board of Finance & Planning meetings during 2010 will be held on 26th January, 23rd February, 13th April, 11th May, 15th June, 13th July, 19th October and 23rd November.
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