St Margaret's
CommunityTrust
St Margaret's Community Trust
la Company Limited by Guarantee)
Trustees, Report and Financial Statements
for the year ended 31 December 2024
Registered Company number 06673803
Registered Charity number 1129747

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Index
Page
Report of the Trustees
3-11
Statement of Trustees Responsi bilities
12
Report of the Independent Examiner
13
Statement of Financial Activities lincorporati ng an I ncome & Expenditure Accountl
14
Balance Sheet
15
Princi ple accounting policies
16-17
Notes to the financial statements
18-26

St Margaret's CommunityTrust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees
The Trustees are pleased to present their annual directors. report together with the financial statements of
the charity for the year ended 31 December 2024 which are also prepared to meet the requirements of a
directors, report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and Accounting and
Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS102)
(updated l January 2019}.
CHARITABLE AIMS, OBJECTIVES AND ACTIVITIES
AIMS
St. Margaret's Community Trust was formed initially to
redevelop, refurbish and extend the old St Margarevs
Church, Ward End to create a multi-purpose
community centre for the benefit of the local
neighbourhood. It was decided not to opt for a
building preservation trust but a community
development trust as this offered more flexibility to
Use the new building as a catalyst for regeneration
across the Ward End area. The primary purpose of St
Margaret's Community Trust is therefore to provide
care and support to people resident in the Ward End area.
OBJEcfivES
This broad definition of care and 5UPPOrt is broken down in the Memorandum of Association as follows-
Community capacity building.
To advance the education of children & young people and their parents and to provide activities
for them.
Promotion of health, in particular but not exclusively, by the provision of advice and information.
To provide advice, assistance, advocacy and training to those who are unemployed or facing
hardship.
To provide and assist in the provision of facilities for recreational and other leisure time activities.
Working with residents, the local authority, voluntary and other organisations to advance
education and to provide facilities in the interests of social welfare.

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
BENEFICIARIES
The benef iciaries of St Margaret's Community Trust are the local residents in the Ward End area. There is
no discrimination in terms of age, sex, sexual orientation, race or religious persuasion. We keep in close
contact with local people through the activities of our Centre Manager, and through our col laborative
working with other community organisations and enterprises.
Our programme of activity through the year has been a variety of regular locally focussed activity, commun ity
events and listening exercises. Some activity has been led internally and others in partnership with other
local agencies.
PUBLIC BENEFIT
All of our activities are centred on resourcing and developing local people to strengthen their learning,
opportunities and capacity for the benefit of themselves and for the benefit of the wider community. Our
activities aim to transform the lives of some of the poorest and most marginalised people in the local
community by giving them the opportunities to reconnect, improve their quality of life and make a
contribution in their neighbourhood.
Our aim is to provide care and support to the people of Ward End. Therefore, we intentionally work across
the full diversity of faith, culture, gender, ethnic origin, disability and sexual orientation in our community
and reach out to work with other organisations who share our aspiration to see people who live in our
neighbourhood of Ward End flourish.
The Trustees confirm that they have referred to the guidance contained in the Cha rity Commission's general
gu idance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.
ACHIEVEMENTS AND PERFORMANCE
The primary focus of St Margaret's Community Trust is to provide care and support
to people resident in Ward End. With this aim in mind, we connect with the diverse
neighbourhood of Ward End by delivering all our community activity under the
banner ofthe Unity Hubb- the Arabic word"Hubb" means'love"
thÈ
Unity Hubb
Highlights of the year have included a visit in
February from Baroness Scott, Minister for
Social Housing and Faith. The Unity Hubb was
chosen as one of only two Lottery-funded
projects to feature on a special One Show
programme celebrating 30 years of the Lottery.
A memorable Ladies, Iftar brought women of
diversity together around tables to eat and talk
about what we value in ourcommunity. In the
summer we celebrated 10 years ofthe Unity
Hubb with a fabulous day of community
activities. Our dynamic Community Hub
Director was honoured in her work with an
invitation to a Royal Garden Party.

St Margarevs Community Trust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
Trips have included Stratford-on-Avon, a Council House tour and
Whitwick Manor (funded by the National Trust). Each of these
trips provided a window into a fascinati ng place of real
difference. and was appreciated by all who took part. We also
hosted a group of community development practitioners from
across the city who came on a "Treasure Tourf, to see our
community development work.
The whole community was involved in creating a Winter
Wonderland in the grounds of St Margaret's at Christmas with
hand-made decorations and lights, a shadow puppet show, and
inside the church a stunning Santa's Grotto. Local children were
welcomed in to meet Santa and receive gifts.
In June we reached the end of the second year of our 5-year
Lottery-funded 'Unity in the Communit¢ project. During this
second year, our learning has continued with listening and
evaluation at the heart of
all we do. We pay attention
to all that ourAnnual Community Survey tells us.
and this year have initiated a Community Evaluation Group to further
investigate our work. Community Conversations aim to listen to local
voices and think about what success might look like for us. Local
people identified that success for us includes developing
understanding of cultural differences, being a safe place to be heard
and growing a sense of belonging to the neighbourhood.
Our Theory of Change, continues to develop. We aim to always be
an open and hospitable space where all are welcome and
relationships develope. Four 'lenses' explain how we seek to
operate and evaluate the things we do: Nurture Trust, Welcome
Participation, Inspire Abundance and Ripple Generosity- Our
Theory of Change describes the Unity Hubb's journey of trust,
participation and growing community. and underpins our
approach to community development, running like a golden thread
through everything we do. Learning circles for staff help grow understanding of what
these lenses look like in practice. Local people want to
give back to the Hubb through sharing their gifts,
talents, skills and passions- as well as their time. This
means that over half of our activitie5 are now hosted
and led by local volunteers.

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
We have continued tojourney with youth and children's work.
We had already come to understand that building trust with
families was really important in ourcommunity. Our Families,
Connector developed intergenerational activities alongside the
Unity Hubb Team. Overthe yearwe have hosted Families, Club,
Girls, Group, and a Junior Club- these have all been popular. On
Saturdays, we have also experimented with a DJ workshop and
a Musical Youth project. Two young people have developed
from being participantsto volunteers and are now paid
sessional workers. A challenge has been space, and at the end
of 2024 plans were being developed for a move to a larger
local venue. The departure of a key member of staff has
provided the opportunity to develop youthwork further with
youthwork expertise input. In terms of younger children, Stay
and Play on Thursdays is thriving and play training has been
really successful.
Activities a re grouped under different areas- focussing on
improvi ng emotional wellbeing, enhancing physical wellbeing, inspiring
community through gathering informa Ily and growing relationships
by making, doing and creating together. When it comes to children
and young people activities, we focus on helping young people
grow f riend5hips and be active together, learn new skills, increase
confidence and grow confidence. The team are attentive to ideas
that local people have about activities they would like to run- and
small amounts of funding enable these activities to take place.
The Busy Hands group ofwomen create and make things,
teachi ng one another new skills- this year crochet, knitting,
embroidery, diamond art, paperflowers and paper quilling.
Ladies Fitness is always popular- overthe yearthis ha5 included
boxi ng, stretch, circuit training, chair exercise and Aerobics.
Our regularchai and Chat has been enhanced by the'cuppa
Squad, from Diabetes UK who come along to raise awareness
and support with diabetes. Chrome tjooks have enabled local people
to gain confidence with
IT skills. We are registered as a 'Warm Welcome,
space. Cook Together Eat Together is always popular-
local women share recipes and cook together before
sitting to enjoy a meal together. The sewing group
has thrived with meaningful sharing of skills and
knowledge, with partici pants growing in conf idence
and knowledge. Some wonderful upcycling
workshops led to creative restoration of furniture
and a brilliant fundraising auction of the items
people had restored.
kk

St Margareys Community Trust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
The Village Green area outside the front of church has continued to
be well-used, and the National Trust invested in developing the
space as one of their'pocket parks" Local people have decorated
and cultivated planters. Our Green Connector has developed work
on the Village Green and the local allotments, with growi ng,
composting and creative activities around natural materials and
recycling.
The Men's Group is small but growing in depth. The men like to
chat, go for wal ks, and enjoy coffee in cafes- their relationships
have deepened and their wellbeing improved as a result of
community connection.
Creative English is always popular and helps people learn how to
communicate in everyday situations.
The staff have 311 trained in mental health first aid, and four
members have undertaken community conversation training.
Partnerships
Inspire Fitness
Inspire fitness have delivered sessions for local men and women
separately, bringing in rental income.
Warwickshire Cricket Club
This partnership led to some fanatic sessions of seated cricket,
and a trip for 45 ladies to Edgbaston Cricket Ground- a
completely new experience for most of them.
Equans
The Equans Team have come along to help with litter picking-
much needed in the neighbourhood.
Cadent
Thanks to Cadent, we are a Warm Welcome Centre. Cadent
have donated slow cookers to many local people. They have
built awareness of their priority register and did some fantastic
Carbon Monoxide Training, providing free carbon monoxide
detectors for people in the community-
People for People
Building on the"Meet your Neighbourf, workthat we have
already done to build relationships with the local Romanian
community, we have established a new partnership with

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
Birmingham-based People for People. The aim is to offer
targeted support and draw the community into our wide
range of community-building activities.
Ward End Fire Station
This year we have continued to work with the Fire Station
and benefitted from the space they have offered us. The
Fire Station celebrated 50 years in July- we worked
together with them to plan a special event for the
community
Governance
The Board have continued to strengthen our expertise
and ski Ils. We continue to invite external support to
develop us where we need it and pay attention to our
risk register. Board recruitment has been a challenge
but we have a much clearer and more effective strategy
for recruitment now. We have established a Finance
Sub-committee which enables us to give more time to our
increasingly complex financial commitments. We havè all undertaken"Safe and
Well" Safeguarding Training together as we seek to deliver better our governance responsibilities th rough
our safeguarding action plan. We have a clear fundraising strategy and work with an excellent fundraiser-
this helps us focus on our core funding needs as an organisation, as well as raising resources for our
increased activity levels.
Data collection, evaluation and reporting provide cla rity around performance in order to achieve funding
targets and individual stories are also gathered in order to tell our story.
Heritage
Our building continues to be well maintained and well used as both a community and heritage venue.
How our activities deliver public benefit
Our aim is to provide care and support to the people of Ward End, and we want to do this in the most
empowering way possible, and that's why we always seek to work in an asset-based way. All of our
activities are centred on resourcing and developing
local peopleto strengthen their learning,
opportunitie5 and capacity for the benefit of
themselves and the wider community. Our
activities aim to transform the lives of everyone in
our neighbourhood including those who are most
at the edges by giving them opportunities to
reconnect, improve their quality of life and make
meaningful contribution to their neigh bou rhood.
We intentionally work across the full diversity of
faith, culture, gender, ethn icity, disability and
sexual orientation in our community and reach
out to work with other organisations who share
our aspiration to see people who live in our
neighbourhood to flourish.

St Margaret's CommunityTrust
Financial Statements
forthe year ended 31 December 2024
Report of the Trustees (continued)
For the future
We continue to look to develop our work, our connections and our relationships across the diversity of the
neighbourhood of Ward End. In doing this we value the contribution of effective partnerships that add to
our offer. Responding to the challenges of lack of space, we are keen to build on our developing work at
Christ Church Burney Lane. We are also working hard to develop the right team and accountability
structures as we work with a growing number of employed, self-employed and volunteer facilitators.
FINANCIAL REVIEW
We have had another good year with our fundraising which has enabled us to maintain our provision at a
similar Sevel to last year. The foundation of our 5 year funding from the National Lottery has helped us to
secure match funds from elsewhere. We are grateful for the work of our fundraising partner, Steve
Moralee, for his help in this regard.
We continue to keep a close eye on our overheads and keep these to a minimum. This, alongside our
successful fundraising has enabled us to finish another year with a stronger balance of Unrestritted
reserves.
Reserves policy
Funds obtained for specific purposes are held as restricted funds and each project is monitored separately
to ensure income matches expenditure.
Our reserves policy aims to keep a balance in excess of 3 months operating costs available in unrestricted
funds and over this year we were able to increase this reserve to £30,000 to reflect our growth over the
past couple of years.

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
St Margaret's Community Trust is a company limited by guaranteed governed by its Memorandum and
Articles of Association Idated.. 13th July 20091. It is registered as a charity with the Charity Commission.
Appointment of trustees. induction & training
Six trustees were appointed on 15 August 2008 and replaced when necessary. Further trustees were
elected at each Annual General Meeting there after (Up to 5 elected trustees). The board may co-opt up to
4 further trustees duri ng the yea r.
Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of
the charitable company in the event of winding up.
ORGANISATION
The Boa rd of Trustees administer the charity and meet at least four times a year to take major policy
decisions, receive fina ncial reports and reports on the operation of the charity. They may set up sub-
committees as required.
ORGANISATIONAL RESPONSIBILITIES
th
Co Chairs - Ruth Donegan-cross and Jo Bagby with effect from 4 November 2020
Company Secretary - Andrew Caswell appointed 7 December 2016
responsible to the Board of Directors for Board Administration; responsibilities for overall
organisational policies, procedures and business management.
th
Trea5urer- Ahmad Aziz appointed on 5 April 2017
responsible to the Board of Directors for finances, budget monitoring and overseeing ban k
mandates.
Centre Manager- Rashta Butt.. appointed June 1st 2013
Responsible for day to day management of St Margaret's Centre.
10

St Margaret's CommunityTrust
Financial Statements
for the year ended 31 December 2024
Report of the Trustees (continued)
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity:
St Margaret's Community Trust Ltd
(consent given by Companie5 House to omit the word Ltd)
Charity Number:
Company Number:
1129747
06673803 (England & Wales)
Registered Office:
St. Margaret's Church
St. Margaret's Road
Ward End
Birmingham
B8 2BA
Directors & Trustees:
Rev Ruth Donegan-Cross- Co Chair
Mrs Jo Bagby- Co-chair
Mr Andrew Caswell - Secretary
Mr Ahmad Aziz- Treasurer
Mr Keith Grimshaw
Mrs Hilary Shore Lynch Iresigned 10 July 2024)
Independent Examiner:
Karen Hanlan Independent Examiner Limited
I Saracen Close
Ettington
CV37 7SZ
Bankers:
CAF Bank Ltd
25 Kings Hill
West Malling
Kent
ME19 4JQ
Approved by the Board and signed on its behalf by:
J Bagby
Co -chair of Trustee5
Date- 8" July 2025

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Statement of Trustees, Responsibilities
The trustees are required to prepare f inancial statements for each financial year which give a true and fair
view of the State of the affairs of the charitable company and of the surplus or deficit incurred by the
charitable company for that year. I n preparing those fina ncial statements the trustees are required to..
select suita ble accounting policie5 and then apply them consistently,.
make judgments and estimates that are reasonable and prudent,.
State whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the account5; and
prepare the financial statements on the going concern basis unless it 15 inappropriate to presume
that the charitable company will continue to exist.
The trustees have overall responsibility for ensuri ng that the charitable company has an appropriate system
of controls, f inancial and otherwise.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy,
at any time, the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Charities Act 2011.
They are also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of f raud and other irregularities and to provide reasonable
assura nce that:
the charitable company is operating eff iciently and effectively;
its assets are safeguarded against unauthorised use or disposition;
proper records are maintained and financial information used within the charity orfor publication is
reliable,.
the charitable company complies with relevant laws and regulations.
12

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Independent Examinerfs Report to the Trustees of St Margaret's Community Trust
{'the Companw)
I report to the charity trustees on my examination of the accounts of the Charitable Company for the year
ended 31 December 2024 which are set out on pages 14 to 26.
Responsibilities and basis of report
As the trustees of the Charitable Company land also its directors for the purposes of company law} you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
20061'the 2006 Act'l.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of yourcharity's
accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 14515llbl of the
2011 Act.
Independent examinerfs statement
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause to believe-
accounting records were not kept in respert of the Company as required by section 386 of the 2006 Act,.
or
the accounts do not accord with those records,- or
the accounts do not comply with the accounting requirement5 of section 386 of the 2006 Act other than
the requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their account5 in accordance with the Financial Reporting Standard Applicable in the UK and Republic of
Ireland IFR5102}.
I have no concerns and have come across no matters in connection with my examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs. K Hanlan, ACA
Karen Hanlan Independent Examiner Limited
I Saracen Close
Ettington
CV37 7SZ
Date=
202S
13

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Statement of Financial Activities (including an Income & Expenditure account)
restricted Restricted
funds
funds
2024
2024
Total
fund5
2024
Total
funds
2023
Note
Income:
Donations & legacies
Charitable Activities
Tradi ng Activitie5
Inve5tments- bank interest
Total income
46,096
9,624
9,790
202
65,712
500
175,829
46,596
185,453
9,790
202
242,041
41,230
229,504
8,965
163
279,862
176,329
Expenditure:
Raisin8 Funds
Charitable Activities
1,925
53.544
595
210,676
2,520
264,220
3,035
244,000
Total expenditure
55,469
211,271
266,740
247,035
Net income/(expenditure) and net
movement in funds for year
10,243
134,942) {24,699}
32,827
Transfers between funds
Net movement in funds after
transfers
10,243
134,9421 (24,699)
32,827
Reconciliation of funds:
Total f u nds brought forward
43,158
472,408
515,566
482,739
Total funds carried forward
li
53,401
437,466
490,867
515,566
The statement of f inancial activities includes all gains and losses recognised i n the year.
All income and expenditure derive f rom continuing activities.
14

St Margaret's Community Trust
Financial Statements
forthe year ended 31 December 2024
Balance Sheet
Notes
2024
2023
Fixed A55ets
Tangible Fixed Assets
362.247
388,122
Current Assets
Debtors and prepayments
Cash at bank and in hand
3,038
134,689
137,727
1,260
138,740
140,000
io
Current Liabilities
Creditors.. amounts falling due within one year
(9.107)
112,5561
Net current a55et5
128,620
127,444
Net assets
490,867
515,566
Fund5 of the charity:
Restricted Funds
Unrestricted Funds
Total charity funds
li
437,466
53,401
490.867
472.408
43,158
515,566
The accompanying accounting policies and notes form part of these financial statements.
Registered Company number.. 06673803
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the
Companies Art 2006 relating to small companie5.
Responsibilities of directorsltrustees:
lal The members have not required the charitable company to obtain an audit of its financial statements for the year in
question in accordance with section 476 of the Companies Art 2006 however, in accordance with section 145 of the
Charities Act 2011 the financial statements have been examined by an independent examiner whose report appears on
page 13.
Ibl The directorsltrustees acknowledge their responsibility for complying with the reouirements of the Companies Act
with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to
the small companies, regime.
Approved by the Trustees and signed on their behalf by:
s J Bagby
Co-chair of Trustees
Date.. 8, July 2025
15

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Principal accounting policies
Status of the company
The charitable company is limited by guarantee and does not have share capital.
The liability of members is limited to £1 per member.
The pri ncipal accounting policies adopted, judgements and key sources of estimation uncertainty in the
preparation of the f inancial statements are as follows..
Basis of preparation
The f ina ncial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recom mended Practice applicable to charities preparing their 3ccounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102llupdated l January
20191- (Charities SORP IFR510211, the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFR51021 and the Companies Act 2006.
St Marga ret's Community Trust meets the definition of 3 public benef it entity under FR5102. Assets a nd
lia bilities are initially recogn ised at historical cost or transaction va lue unless otherwise stated i n the
relevant accounting policy notels).
Going concern statement
The financial statements have been prepa red on a going concern basis which assumes that the Charitable
Company will continue to operate. The validity of this assumption is dependent upon the continuance of
support from the Charitable Company's key funders and stakeholders and in response to the progress made
by the Company in pursuing a viable budget including the obtaining of further grants and other funds. The
Charitable Company'5 business plan shows that it will be able to operate in the foreseea ble future. Based on
this understanding, the director trustees believe that it remains appropriate to prepare the financial
statements on a goi ng concern basis. The financial statements do not include any adjustments, which would
result from the basis of preparation bei ng inappropriate.
Funds
General accumulated funds are unrestricted funds available for general purposes and include funds
designated for a particular purpose,- the use of such f unds remains at the discretion of the trustees.
Restricted funds are funds subject to conditions imposed by the donor or by specif ic terms of the appeal
under which the funds are raised. The restrictive conditions are binding upon the Charitable Company.
16

St Margareys Community Trust
Financial Statements
for the year ended 31 December 2024
Principal accounting policies (Continued)
Income
Items of income are recognised and included in the accounts when all of the following criteria are met:
The charity has entitlement to the funds.
any performance conditions attached to the item(s) of income have been met or are fully within
the control of the charity;
there is sufficient certainty that receipt of the income is considered probable. and
the amount can be measured reliably.
Donated services and facilities are included at the value to the Charitable Company where this can be
quantified. The value of service5 provided by volunteers has not been included in these accounts.
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or construrtive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably.
Expenditure on charitable activities include5 the direct costs of projects and activities undertaken to further
the purposes of the charity and their associated support & governance costs.
Irrecoverable VAT is charged as a cost against the attivity for which the expenditure was incurred.
Tangible Fixed Assets
Depreciation (when applicable) will be provided at the suitable rates in order to write each a55et off over
its estimated useful life.
The cost of the church refurbishment has been capitalised at cost and is being written off over the life of
the lease being 25 years {4%1.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.
Taxation
As a registered charity no provision is considered nece55ary for taxation.
Pensions
The charity contributes into a Group Personal Pension Plan for employees. This pension plan is defined
contribution in nature and as required under FRS102 the annual cost is recognised as incurred and included
in the Statement of Financial Activities.
17

St Margarevs Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the financial statements
l. Donattons & legacies
2024
2023
Donations
Unrestricted grants
4,896
41,700
46,596
1,230
40,000
41,230
2. Charitable Activities
2024
2023
Unrestricted service delivery:
Rethink Mental Health Partnership
Other grants
Other contracted activities
16,043
1,340
8,284
9,624
5,790
21,833
Restricted grants:
POhWER- Meet Your Neighbour
Church Urban Fund- Near Neighbours
Birmingham City Council - Prevention & Communities
Birmingham City Council - Levelling Up
Birmingham City Council - Commonwealth Games
Birmingham City Council - Celebrating Communities
Birmingham City Council - NDSU
Birmingham City Council- Warm Welcome
Birmingham City Council- Pohwer Creative Hands
Birmingham City Council- Pocket Park
Yorke Trust
National Lottery Community Fund- Unity in the Community
National Lottery Community Fund - Musical Youth
Severn Trent Community Foundation - Village Green Projert
Heart of England - Meet Your Neighbour
Eveson Trust
14,880
25,000
14,750
25,750
2,750
5,375
4,000
3,000
4,000
4,643
5.000
4,890
95,000
19,812
2,734
iio,000
24,636
9,780
7,500
175,829
185,453
207,671
229,504
3. Trading Activities
2024
2023
Fundraising
Room Hire
PCC Contribution
452
7,258
2,080
9,790
7,525
1,440
8,965
18

St Margareys Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the financial statements (continued)
4. Fundraising Costs
2024
2023
Fundraising consultant
Website H05ting & development
Fundraising marketing & Publicty
1,925
476
lig
2,231
346
458
Total (including £595 restricted (2023- £1,755)}
2,520
3,035
5. Expenditure on Charitable Activities
2024
Total Restricted Restricted
2023
Total
Restritted Restricted
Dirert Charitable expenditure..
Dirett Project costs
Staff costs
Freelance workers
Staff/volunteer Travel &
training
Support Costs..
Insurance
Print, Postage & stationary
Office equipment
Bookkeeping services
Software & IT
Bank charges
Membership & subscriptions
Telephone & broadband
Hygiene, waste & recycling
Lift maintenance & repair
Alarm maintenance & repair
Gas, Electricity & water
Maintenance & repairs
Depreciation
Governance costs..
Independent Examiners fee
Trustee meeting expenses
8,997
23,285
150
41,128
50,125
91,423 114.708
31,178
31,328
io,oii
24,373
19,165
42,002
59,197
22,534
52,013
83.570
41.699
1,235
2,036
3,271
783
2,106
2,889
383
853
380
8,599
307
61
573
685
1,365
194
553
1,319
2,855
3,372
274
287
4,066
815
3,755
1,127
667
12,665
1,122
68
573
IA70
1,735
388
553
6,961
6.079
25.875
1,555
2,081
353
329
8,440
946
32
594
582
758
3,636
839
399
14.566
1.230
72
724
1,297
1,602
192
846
3.827
6,634
25,875
70
6,126
284
40
130
715
844
192
785
370
194
5,642
3,224
25,875
1,439
4,748
2,388
1,886
25,875
1,750
1,750
1,750
150
1,750
340
190
Total
53,544
210,676 264.220
73,707
170,293 244,000
19

St Margarevs Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the financial statements (continued)
6. Analysis of staff costs, trustee remuneration and expenses
2024
2023
Salaries
National Insurance
Pension costs
108,774
3.743
2,191
81,726
251
1,593
Total
114,708
83,570
The Charitable Company employed an average of 4.4 {2023: 3.4) staff during the year.
No employees had benefits in excess of £60,00012023: nil). Pension costs are allocated to activitie5 in
proportion to the related staffing costs incurred.
No expenses were reimbursed to Directors during the year {2023: nill.
The key management personnel of the charity comprise the trustees and the Centre Manager. Trustees
receive no remuneration or other benefits from the charity. The pay of key management personnel for the
year was £36,297 (2023: £35,220).
7. Tanglble flxed assets
Short leasehold
improvements
Cost
At beginning of year
Additions
646,036
At end of year
646,036
Depreciation
At beginning of year
Charge for the year
At end of year
257.914
25,875
283,789
Net Book Value
At 31 December 2024
362,247
At 31 December 2023
388,122
20

St Margaret's Community Trust
Financial Statements
forthe year ended 31 December 2024
Notes to the financial statements (continued)
8. Debtor5
2024
2023
Prepayments
Income receivable
3,038
3.038
1,260
1,260
9. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals & other creditors
Deferred Income
365
3,742
5.000
9,107
4,764
7,792
12,556
10. Cash at bank & in hand
2024
2023
CAF Bank account
Equals card account
134,209 138,539
480
201
134,689 138,740
21

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the financial statements (continued)
11. Restricted funds
The income funds of the charity i nclude restricted fvnds com pri5ing the following amounts which have been
appl led for specific purpose5'.
Movement in Funds
Balance
At
beginning
of year
Balance
At end of
2024
Income
Expenditure
Transfers
year
Restricted Fund5
National Lottery Community Fund-
Unity in the Community project
National Lottery Community Fund-
Musical Youth project
Birmingham City Council-
Prevention & Communities
Birmingham City Council- Chai &
Chat Be Men
Birmingham City Council- Levelling
Up
Birmingham City Council-
Celebrating Communities
Birm ingha m City Council - Pocket
Park
Birmingham City Council-warm
Welcome
Birmingham City Council- Pohwer
Creative Hands
Inspiring Fitness
POhWER- Meet Your Neighbour
Severn Trent - Village G reen Project
Heart of England- Meetyour
Neighbour
Eveson Trust
Grantham Yorke
Church Hall Capital- Depreciation
51,999
95,000
197,1111
49,888
19,812
14,9501
14,862
1,481
25,000
126,8661
13851
2,263
12,2241
39
14,750
114,7501
2,564
12,564}
5,000
15,0001
4,000
11,1451
2,855
4,643
500
(2,2591
15001
17,4081
115, 1501
2,384
7,408
13,102
2,734
686
2,825
2,644
12,8251
12,644
4,890
4,890
362,247
388,122
125,875}
Total Restricted funds
Unrestrictedfund5
Total Funds
472,408 176,329
43,158
65,712
515,566 242,041
1211,2711
155,4691
(266,740)
437,466
53,401
490,867
National Lottery Community Fund- Unity in the Community project {'UITC'}
Uitc is the continuation and development of the Together We Can project, supporting the development of
our programmes in Ward End, and in pa rticular intergenerational activities using an asset based approach.
National Lottery Community Fund - Musical Youth project
Awa rds for All f unding to provide music lessons and activities for children and young people.
22

St Margaret's Community Trust
Financial Statements
for the year ended 31 Decernber 2024
Notes to the financial statements (continued)
Birmingham City Council - Prevention & Communities
Prevention and communities for over 50's well being work.
Birmingham City Council - Chat & Chai Be Men Together
From Neighbourhood Networks - Artivity money for men's work.
Birmingham City Council- Levelling Up
Funding to help develop leadersh ip capacity and strategic ambition for East Birmingham.
Birmingham City Council - Celebrating Communities
A weekly sewing group for local citizens to attend over a 12 month period.
Birmingham City Council - Pocket Park
For development of the Village Green triangle directly outside Unity Hubb.
Birmingham City Council- Warm Welcome
Contribution to our core costs over the winter as we provided a safe and warm environment for local
residents.
Birmingham City Council- Pohwer Creative Hands
Creative activities for elderly residents.
Inspiring Fitness
Activities to enable neighbours to access exercise sessions.
Birmingham City Council - POhWER Meet Your Neighbour project
Connecting local communities of difference particularly connecting with the Roma and Romanian
communities.
Severn Trent- Village Green Projert
Developing a Village Green on the land outside St Margarets Church and to develop a green corridor along
St Margarets Road to join the village green with our allotments.
Hearth of England- Meet Your Neighbour Project
Connecting local communities of difference particularly connecting with the Roma and Romanian
communities.
Eveson Trust
Work with young women.
Grantham Yorke Trust
Towards youth work provision.
Church Building Capital- Depreciation
Funds raised for the reordering of the church building to be utilised to fund depreciation over the life of the
building
23

St Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the financial statements (continued)
Movement in Fund5
Balance
At
beginning
of year
Balance
At end of
year
2023
Income
Expenditure
Transfers
Restricted Fund5
National Lottery Community Fund-
Unity in the Community project
Birmingha m City Council -
Prevention & Communities
Birmingham City Council-chai &
Chat Be Men
Birmingham City Council-
Commonwealth Games
Birmingham City Council-
Celebrating Communities
Birmingham City Council- NDSU
Birmingham City Council- Warm
Welcome
Sport Birmingham
Sport England
POhWER- Meet Your Neighbour
Severn Trent- Village Green Project
Heart of EnEland- Meet Your
Neighbour
Eveson Trust
Church Hall Capital- Depreciation
8,443 110,000
166,4441
51.999
2,582
25,750
126,8511
1,481
9,717
17,454
2,263
2,750
12,7501
5,375
4,000
12,8111
14.0001
2,564
3,000
13,0001
19391
11,1071
17,4721
111,5341
939
1,107
14,880
24,636
7,408
13,102
9,780
7,500
16,9551
14,8561
125,875}
2,825
2,644
388,122
413,997
Total Restricted funds
Unrestrictedfunds
Total Funds
436,785 207,671
45,954
72,191
482,739 279,862
1172,0481
174,9871
(247,035)
472,408
43,158
515,566
24

St Margarevs Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the financial statements (continued)
12. Analysis of net assets between funds
Restricted
funds
Unrestricted
funds
2024
Total
Fixed Assets for church use
Current assets
Current liabi lities
362.247
75,219
362,247
137,727
19,107)
62,508
19,107}
Total funds
437,466
53,401
490,867
Restricted
funds
Unrestricted
funds
2023
Total
Fixed Assets for church use
Current assets
Current liabi lities
388,122
84,286
388,122
55,714
140,000
(12.556) 112,5561
Total funds
472,408
43,158
515,566
13. Controlling Interests
The charity is controlled by the trustees.
14. Related party transactions
There were no transactions with related parties in the year.
25

5t Margaret's Community Trust
Financial Statements
for the year ended 31 December 2024
Notes to the f inancial statements (continued)
15. Comparative statement of financial activities
Un-
restricted
funds
2023
Restricted
funds
2023
Total funds
2023
Income:
Donations & legacies
Charitable Activities
Trading Activities
Investments bank interest
Total income
41,230
21,833
8,965
163
72,191
41,230
229,504
8,965
163
279,862
207,671
207,671
Expenditure:
Raising Funds
Charitable Activities
1,280
73,707
1,755
170,293
3,035
244,000
Total expenditure
74,987
172,048
247,035
Net (expenditure)/income and net
movement in funds for year
(2,796)
35,623
32,827
Transfers between funds
Net movement in funds after transfer5
12,7961
35,623
32,827
Reconciliation of funds:
Total funds brought forward
45,954
436,785
482,739
Total funds carried forward
43,158
472,408
515,566
26