A few thoughts - there's little chance of finding a schematic from what I see of Rayburner online. It was 20+ years ago when I was dealing with their burners regularly (or more like 30?) and documentation was hard to come by back then. I'd keep trying and maybe contact the Rayburner people about a schematic.
Most of these style boards don't use anything exotic diodewise (or otherwise). I'd start by removing and checking the suspect diode, if it acts odd, replace it with a 1n914/1n4000 series diode if it measures over .8v foward voltage or shorted (99% of the time a bad diode is shorted if it's physically intact) If you're sure it's bad, replace it, trace the circuit to make sure what it's driving isn't bad and fire it up. Odds are good you'll have it fixed.
(1n4007 diodes are the higher voltage flavor and sub for most small diodes/rectifiers 95% of the time - they're cheap and readily available)
Next verify the solenoids etc on the bad burner are ok. Sometimes you can swap leads between good and bad burners to identify problems.
The next step past that is to see if the working burner can yield info about the bad one. Usually the circuits will be duplicated for the most part on the 2nd burner.
From there, it's a matter of working out a schematic, concentrating on the likely trouble points. Narrow down the problem, at what point in the start sequence does it abort. That will help narrow down the cause of the fault.
The last step is to replace the board with a scratch built one or one for a similar machine. You probably won't have to go that far, but sometimes it's the only option (especially on large, special or antique boilers/exchangers)
Usually those boards are a burner start-up sequencer/flame out protection device only and are largely interchangable. (thermostatic controls are usually separate)
Since this is a safety device, don't get into anything over your skill level, but usually obsolete burner controls are reproducible/repairable with a little re-wiring and maybe replacing a sensor or 2.
I'd have a look of it, but it seems we're on opposite sides of the big pond. (I'm on the east coast of the US). A good service tech can fix that much cheaper than the stated 700 pounds ($1500 US - I'd guess)