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2025-12-31-accounts

St Margaret’s Community Trust (a Company Limited by Guarantee)

Trustees’ Report and Financial Statements for the year ended 31 December 2025

Registered Company number 06673803 Registered Charity number 1129747

1

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Index
Page
Report of the Trustees 3-10
Statement of Trustees Responsibilities 11
Report of the Independent Examiner 12
Statement of Financial Activities (incorporating an Income & Expenditure Account) 13
Balance Sheet 14
Principle accounting policies 15-16
Notes to the financial statements 17-26

2

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Report of the Trustees

The Trustees are pleased to present their annual 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 (FRS102) (updated 1 January 2019).

CHARITABLE AIMS, OBJECTIVES AND ACTIVITIES

AIMS

St. Margaret’s Community Trust was formed initially to redevelop, refurbish and extend the old St Margaret’s Church, Ward End to create a multipurpose 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.

OBJECTIVES

This broad definition of care and support is broken down in the Memorandum of Association as follows:

  1. To develop the capacity and skills of people who live in the area of benefit in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society;

  2. To advance the education of children and young people and their parents living in the area of benefit;

  3. The promotion and protection of good health of individuals, in particular but not exclusively by the provision of advice and information;

  4. To provide and assist in the provision of facilities for recreational and other leisure time activities in the interest of social welfare and with the object of improving the conditions of life of people living in the area of benefit;

  5. To provide advice, assistance, advocacy and training to individuals who have need of such facilities by reason of youth, age, unemployment, financial hardship, disability or social or economic circumstances with the object of improving the condition of life for the said inhabitants;

3

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Report of the Trustees (continued)

  1. To further or benefit the residents of the area of benefit, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.

The area of benefit is the Parish of Christ Church, Ward End in the Diocese of Birmingham.

BENEFICIARIES

The beneficiaries 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 Community Hub Director, and through our collaborative working with other community organisations and enterprises.

Our programme of activity through the year has been a variety of regular locally focussed activity, community 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 Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future activities.

4

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Report of the Trustees (continued)

ACHIEVEMENTS AND PERFORMANCE

2025 was a true year of contrasts for St Margaret’s Community Trust. We have had a stable year financially and we have continued to host a whole variety of spaces to bring the wider community of all ages together in ways that have connected us more widely with local people and groups.

Much like a swan can look graceful as it moves through the water, it has taken a lot of work below the surface to support our activities. We have managed staff changes, absences and us exploring how to continue our growth as an organisation, whilst also feeling the limits of being in a beautiful heritage building that is bursting at the seams with activity. As always, these moments of constraint and limitations become points of growth. They provided opportunities for our participants to step up in new ways and for us to listen to how our

activity keeps pace with life changes at a local level. We have reached out and connected with other local organisations who are sharing space with us and with local people to increase the local offer beyond our building and beyond what the Unity Hubb can offer.

This year we have been able to celebrate our Community Hub Director, Rashta in a public way. She was nominated by the Board and was the winner of the Community Foundation – Bringing people Together Award . This award is to recognise outstanding individuals or a group who have improved community cohesion by bringing together people from different backgrounds to work together. This really describes the work of St Margaret’s Community Trust through our senior member of staff and her inspirational way of being.

We have been on quite a journey with our Youth, Children’s and Families work this year and when our Families worker moved on we looked to reimagine how we could grow our capacity to host young people by looking to use additional space nearby at Christ Church and to use their hall which is more suited than our building to a multi activity approach to youth work. What we learned is that our relationships of trust and therefore our youthwork is hyper local. The distance between our two buildings did not enable the families we were working with to make the connection. Having returned to St Margarets and re imagine the work in different ways, this work is now flourishing and we are supporting young people and families who need it the most.

Our wider environmental impact and care for the lived environment around St Margaret’s and the Overpool estate remain a priority for some of the activities and events

5

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Report of the Trustees (continued)

we host. This year we have continued in our presence at the allotments with some focus on food waste and composting, whilst also making as much use as we can of the green spaces that surround the church. We have hosted Winter Wonderland as well as summer events that are really appreciated by local people and each one is an opportunity to clean up the neighbourhood and restore local pride. Bulbs were planted in the autumn, and they promise some much needed spring colour.

At the Unity Hubb our attention is always on what is strong and also on who has not yet made it through the door. This work has kept our attention on particular groups in our neighbourhood who

we would like to further develop our relationships with but who have pressing practical needs that they need support with. Our ‘Meet your Neighbour’ activity continues to give us the opportunity to meet the Romanian Roma community who are part of the neighbourhood of Ward End. Through this we have also cemented our relationships with People for People and Washwood Heath Multi Academy Trust.

We are a collaborative

organisation, and we could not have done what we have this last year without the contribution of others.

Firstly, our wonderful, creative, skilful, energetic and fun-loving participants. There have been so many things that wouldn’t have the shape they do without the care and attention they pour into being community at St Margaret’s and on the Overpool estate.

Secondly, the other organisations who host both us and some of the groups we support make this strengths-based way of growing community possible. Our special thanks this year go to the Fire Station in Ward End and Maitland Hall.

Our newly formed and developing Community Evaluation group help us to keep this all real. This year we have intentionally deepened our listening by paying attention to what matters most to our participants and checking we are working with facts and not assumptions. This space is an important part of our activity and will be informing the direction of our future work

6

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Report of the Trustees (continued)

You may not have noticed but one of our big investments this year was our website. This needed updating and is now something we are proud of and keep up to date. You can see the activities that are happening each week and are open to all. https://www.theunityhubb.co.uk/

Governance

The board of Trustees has continued to develop our skills and grow our expertise. We have worked well together this year and started the year with some training around our responsibility for safeguarding within the organisation. It was a practical morning that brought it to life a bit more.

It was with great sadness that we said goodbye to Ruth Donegan-Cross in November. Ruth has co- Chaired SMCT with Jo Bagby since she arrived 5 years ago. Ruth has helped us as a board with her clear and incisive questions that have opened up important conversations for us. She has also been a wonderful presence in activities at the Hubb and will be greatly missed by Board and participants alike.

We are really delighted with the connections that Ruth brought for us through her participation in wider community life in Ward End and in September we welcomed Rob Meadows – Head of Sladefield Infants, onto the board. We look forward to all the expertise Rob will bring with him

As we look forward to the next year we continue to navigate the joy of growing community participation and the direction of travel that our participants take our activity in as they share their gifts, skills, talents and passions in ways that enrich community life and challenge us to be the best organisation we can be.

Heritage

Our building continues to be well maintained and well used as both a community and heritage venue.

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. We continue to work hard to develop the right team and accountability structures as we work with a growing number of employed, self-employed and volunteer facilitators.

7

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Report of the Trustees (continued)

FINANCIAL REVIEW

We have had another good year with our fundraising which has enabled us to maintain our provision at a similar level to last year. The foundation of our 5 year funding from the National Lottery Community Fund (NLCF) 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. In the coming year, we are beginning to think about the significance of our NLCF grant ending in June 2027.

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 Unrestricted reserves.

Financial statements show an income of £242,577 (2024: £242,041) of which £147,521 (2024: £176,329) was restricted and £95,056 (2024: £65,712) was unrestricted.

The total expenditure was £272,950 (2024: £266,740) of which £187,754 (2024: £211,271) was restricted and £85,196 (2024: £55,469) was unrestricted. Net expenditure for the year was £30,373 (2024: £24,699).

This resulted in a decrease in total funds at the end of 2025 to £460,494 from £490,867 in 2024, of which £396,234 (2024: £437,466) was restricted and £64,260 (2024: £53,401) was unrestricted.

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 we continue to hold this reserve at £30,000.

8

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

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 (dated: 13th July 2009). 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 during the year.

Members of the charitable company will contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up.

ORGANISATION

The Board of Trustees administer the charity and meet at least four times a year to take major policy decisions, receive financial reports and reports on the operation of the charity. They may set up subcommittees as required.

ORGANISATIONAL RESPONSIBILITIES

  1. Chair - Jo Bagby with effect from 1[st] December 2025 (previously Co-Chair since 4[th] November 2020)

  2. 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.

  3. Treasurer – Ahmad Aziz appointed on 5[th] April 2017 responsible to the Board of Directors for finances, budget monitoring and overseeing bank mandates.

  4. Community Hub Centre Director- Rashta Butt : appointed June 1st 2013 Responsible for day to day management of St Margaret's Centre.

9

St Margarevs CommunltyTn￿t Financial Ststements for the year ended 31 December 2025 Report of the Trustees (continued) REFERENCE AND ADMINisfRATIVE INFORMATION Name ol Charlty: St marga￿￿5 CommunityTrust Ltd (consent given by COmpan￿S House to omrt the word Ltd) Charity Number: Company Number: 1129747 06673803 IEnyJand & Wales) Registered Office: SL Margarees Church SL Margareys Road Ward End Birmingham B8 28A Dlrectots & Trustees: Mrs Jo Bagby- Chair MrAhmad Aziz- Treasurer MrAndrew Caswell- Secretary Rev Ruth Donegan-cross (resigned l December 20251 Mr Keith Grimshaw Mr Rob Meadows (appointed l December 20251 Independent Examiner: Shruti Soni FCCA FaE 117A St joh￿ Hill Sevenoaks Kent TN13 3PE BankeT5: Co-operative Bank l Balloon Street Manchester M44BE Approved by the Board and slgned on its ￿half by: J Bugby Choir of Trustee Date.. 8" JU￿ 2026 io

St Margaret’s Community Trust Financial Statements for the year ended 31 December 2025

Statement of Trustees’ Responsibilities

The trustees are required to prepare financial 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. In preparing those financial statements the trustees are required to:

The trustees have overall responsibility for ensuring that the charitable company has an appropriate system of controls, financial 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 fraud and other irregularities and to provide reasonable assurance that:

11

Independent Examiner's Report to the Trustees of St Margaret’s Community Trust

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2025 which are set out on pages 13 to 26.

Responsibilities and basis of report

As the charity trustees of the company (and 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 2006 (‘the 2006 Act’).

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 your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Certified Chartered Accountants, which is one of the listed bodies.

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 that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. 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 accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Shruti Soni FCCA ACIE Shruti Soni Ltd 117a St Johns Hill Sevenoaks TN13 3PL

Date 10 July 2026

12

St Margaret's Community Trust

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2025

Unrestricted
Funds
Note
£
Income from:
2
59,146
3
16,940
4
18,572
398
95,056
5
8,832
76,364
85,196
999
10,859
Reconciliation of funds:
53,401
64,260
Donations and legacies
Investments - bank
interest
Total income
Expenditure on:
Charitable activities
Charitable activities
Other trading activities
Raising funds
Total expenditure
Net income /
(expenditure)
Total funds carried
forward
Transfers between funds
Net movement in funds
9,860
Total funds brought
forward		 Restricted
Funds
£
16,686
130,835
-
-
147,521
938
186,816
187,754
(999)
(41,232)
437,466
396,234
(40,233)		 2025
Total
Funds
Funds
£
£
75,832
47,436
147,775
8,284
18,572
9,790
398
202
242,577
65,712
9,770
1,925
263,180
53,544
272,950
55,469
-
-
(30,373)
10,243
490,867
43,158
460,494
53,401
(30,373)
10,243
Unrestricted		 Restricted
Funds
£
500
175,829
-
-
176,329
595
210,676
211,271
-
(34,942)
472,408
437,466
(34,942)		 2024
Total
Funds
£
47,936
184,113
9,790
202
242,041
2,520
264,220
266,740
-
(24,699)
515,566
490,867
(24,699)

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 14 to the financial statements.

13

St Margaret's Community TNst Balance sheet As at 31 December 2025 Company no. 06673803 2025 2024 Note Flxed 4s5ets'. Tangible assets 337,371 362,247 Current assets.. Debtors Cash ai bank and In hand 337.371 362,247 7,292 122.530 3,038 134,689 Llabilities= Creditors= amount5 falllng due thln one year 12 129.822 137.727 6.699 9.107 Net current a55ets 123.123 128.620 Total net assets 460,494 490.867 The funds of the charity.. Restricted income funds Unrestricted income funds= Designated funds General funds 396,234 437.466 fA,260 53,401 Total unrestricted funds 64.260 S3.401 Total chartty funds 460,494 490,867 For the year endlng 31 December 202S the company w&% entitled to exemptlon from audit under 5ecuon 477 of the Companies Att 2006 relatin9 to small companies. Tru5tees' Responsibilities= The members have not required the company to obtain an audit of tts financi￿ 5tatement5 for the yèar in question in atcordance with section 476 The trustee5 acknowledge their responsibility for complylng wtth the requirements of the Act wlth respect to accountlng records and the preparation of financ1￿ ststementS. These financial statements, which have been prepared in accordance vrith the speclal provisions relating to the small companies regime within Part 15 of the Companies Att 2006 and in accordance with the Financial Reporting Standard applicable in ihe UK and Republic of lieland (FRS 1021 leffettive l January 2019). were approved by the Board on 8th ju￿ 2026 and signed on tts behalf by.. Name.. Trnstee Mrs Jo Bagby 617126

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2019) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

The charitable company meets the definition of a public benefit entity under FRS 102.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Voluntary income including donations, gifts and legacies and grants that provide core funding or are o general nature are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when:

Investment income is recognised on a receivable basis.

Income from charitable activities includes income received under contract or where entitlement to gra funding is subject to specific performance conditions is recognised as earned (as the related goods or services are provided). Grant income included in this category provides funding to support advice/ performance activities and is recognised where there is entitlement, certainty of receipt and the amou can be measured with sufficient reliability

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Unrestricted funds are donations and other incoming resources received or generated for the Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

15

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

Rental charges are charged on a straight line basis over the term of the lease.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

over 4 years over 25 years

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

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.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

The charity's contribution to employees' personal pension is charged to revenue on accrual basis.

As a registered charity no provision is considered necessary for taxation.

St Margaret's Community Trust is a charitable company limited by guarantee registered in England with registration number 1129747. Its registered office address is St.Margaret's Church St. Margarets Road, Ward End, Birmingham, West Midlands, B8 2BA.

16

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

2
Donations and legacies
Grants from trusts and foundations
3
Birmingham City Council
Prevention & Communities
Levelling Up
Warm Welcome
POhWER NNS Creative Hands
Pocket Park
Overpool Green
POhWER NNS Men Side by Side
POhWER NNS Ward End Celebration
The Grantham Yorke Trust
National Lottery Community Fund
Unity in the Community
Musical Youth
Thrive
Other contracted services
4
Fundraising
Room Hire
Particiaption contributions to activities
PCC Contribution
Trading Activities
Income from donations and legacies
Charitable Activities
Severn Trent Community Foundation -
Village Green Project		 Unrestricted
£
3,608
55,538
59,146
Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
6,250
-
10,690
16,940
Unrestricted
£
-
14,245
3,227
1,100
18,572		 £
-
16,686
16,686
£
25,000
-
3,250
4,643
-
10,000
4,802
500
-
80,000
-
2,640
-
-
130,835
£
-
-
-
-
-
Restricted
Restricted
Restricted		 2025
Total
£
3,608
72,224
75,832
2025
Total
£
25,000
-
3,250
4,643
-
10,000
4,802
500
-
80,000
-
8,890
-
10,690
147,775
2025
Total
£
-
14,245
3,227
1,100
18,572		 2024
Total
£
4,396
43,540
47,936
2024
Total
£
25,000
14,750
4,000
4,643
5,000
-
-
-
4,890
95,000
19,812
-
2,734
8,284
184,113
2024
Total
£
452
7,258
-
2,080
9,790

17

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

5 Analysis of expenditure

Fundraising costs:
Fundraising consultant
Website Hosting & development
Fundraising marketing & Publicity
Total Fundraising cost
Direct Charitable expenditure:
Direct Project costs
Staff costs
Freelance workers
Staff/volunteer Travel & training
Support costs:
Insurance
Print, postage & stationery
Office equipment
Bookkeeping services
Software & IT
Bank charges
Memberships & subscriptions
Telephone & broadband
Hygiene, waste & recycling
Gas, electricity & water
Maintenance & repairs
Depreciation
Governance costs:
Independent Examination fees
Trustee meeting expenses
Total Charitable activities cost		 Unrestricted
2,100
6,732
-
8,832
10,452
43,595
2,035
1,720
765
593
-
6,442
1,964
54
395
569
664
291
4,543
-
1,925
357
76,364		 Restricted
-
938
-
938
42,776
61,599
28,954
1,662
3,114
314
4,400
4,781
800
-
52
876
1,383
7,167
2,798
26,105
-
35
186,816		 Total 2025
2,100
7,670
-
9,770
53,228
105,194
30,989
3,382
3,879
907
4,400
11,223
2,764
54
447
1,445
2,047
7,458
7,341
26,105
1,925
392
263,180

18

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

Fundraising costs:
Fundraising consultant
Website Hosting & development
Fundraising marketing & Publicity
Total Fundraising cost
Direct Charitable expenditure:
Direct Project costs
Staff costs
Freelance workers
Staff/volunteer Travel & training
Support costs:
Insurance
Print, postage & stationery
Office equipment
Bookkeeping services
Software & IT
Bank charges
Memberships & subscriptions
Telephone & broadband
Hygiene, waste & recycling
Lift maintenance & repair
Alarm maintenance & repair
Gas, electricity & water
Maintenance & repairs
Depreciation
Governance costs:
Independent Examination fees
Trustee meeting expenses
Total Charitable activities cost		 Unrestricted
1,925
-
-
1,925
8,997
23,285
150
1,235
383
853
380
8,599
307
61
573
685
1,365
194
553
1,319
2,855
-
1,750
-
53,544		 Restricted
-
476
119
595
41,128
91,423
31,178
2,036
3,372
274
287
4,066
815
7
-
785
370
194
-
5,642
3,224
25,875
-
-
210,676		 Total 2024
1,925
476
119
2,520
50,125
114,708
31,328
3,271
3,755
1,127
667
12,665
1,122
68
573
1,470
1,735
388
553
6,961
6,079
25,875
1,750
-
264,220

19

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

Staff costs were as follows:

Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes		 2025
£
100,909
2,165
2,120
105,194		 2024
£
108,774
3,743
2,191
114,708

No employee earned more than £60,000 during the year (2024: none).

The total employee benefits including pension contributions of the key management personnel were £36,998 (2024: £36,297).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil). Trustees' expenses represents the payment or reimbursement of travel and subsistence costs is nil (2024: £nil) relating to attendance at meetings of the trustees.

7 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Charitable activities 2025
No.
6.1
6.1		 2024
No.
4.4
4.4

No related party donations were received that fall outside the normal course of business, and no restricted donations were received from related parties.

20

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

9 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11
Trade debtors
Prepayments
Accrued income
Debtors
Eliminated on disposal
At 31 December 2025
At 31 December 2025
At 1 January 2025
Charge for the year
At 1 January 2025
Additions in year
Disposals in year
All of the above assets are used for charitable purposes.
Cost or valuation
Depreciation
Net book value
At 31 December 2025
At 1 January 2025		 Office
Equipment
£
-
1,229
-
1,229
-
230
-
230
999
-		 Leashold
Improvements
£
646,036
-
-
646,036
283,789
25,875
-
309,664
336,372
362,247
2025
£
4,585
1,875
832
7,292		 Total
£
646,036
1,229
-
647,265
283,789
26,105
-
309,894
337,371
362,247
2024
£
304
-
2,734
3,038

21

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

12
13
2025
Net assets at the end of the year
Net current assets
2024
Net current assets
Net assets at the end of the year
Tangible fixed assets
Analysis of net assets between funds
Tangible fixed assets
Creditors: amounts falling due within one year
Accruals
Deferred income
Trade creditors		 £
-
64,260
64,260
£
-
53,401
53,401
General
unrestricte
General
unrestricte		 £
-
-
-
£
-
-
-
Designated
Designated		 2025
£
3,505
3,194
-
6,699
Restricted
£
337,371
58,863
396,234
Restricted
£
362,247
75,219
437,466		 2024
£
365
3,742
5,000
9,107
Total
funds
£
337,371
123,123
460,494
Total
funds
£
362,247
128,620
490,867

22

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

14 Movements in funds

Total restricted funds
General funds
National Lottery Community Fund
Unity in the Community project
Musical Youth project
Birmingham City Council
Prevention & Communities
POhWER NNS Chai & Chat Be Men
Levelling Up
Celebrating Communities
Pocket Park
Warm Welcome
POhWER NNS Creative Hands
Overpool Green
POhWER NNS Ward End
Celebration
POhWER NNS Men Side by Side
Inspiring Fitness
POhWER - Meet Your Neighbour
Severn Trent - Village Green
Project
Heart of England - Meet Your
Neighbour
Eveson Trust
Grantham Yorke
Church Capital - Depreciation
Church of England - Minor
Repairs & Improvements
Thrive Birmingham - Slow
Cookers
The Clothworkers
The Rowlands Trust
The Lord Mayor's Fund
Birmingham International Airport
Community Trust Fund
2025
Total funds
Unrestricted funds:
Restricted funds:
Total unrestricted funds		 At the
start of
the year
£
49,888
14,862
(385)
39
-
-
-
2,855
2,384
-
-
-
-
-
686
-
-
4,890
362,247
-
-
-
-
-
-
437,466
53,401
53,401
490,867		 Income &
gains
£
80,000
25,000
-
-
-
-
3,250
4,642
10,000
500
4,802
-
-
-
-
-
-
-
4,335
2,640
5,000
2,852
2,500
2,000
147,521
95,056
95,056
242,577		 Expenditure
& losses
£
(91,084)
(12,375)
(23,431)
(39)
-
-
-
(4,103)
(7,026)
(6,059)
(500)
(633)
-
-
(685)
-
-
(4,890)
(25,875)
-
(2,640)
(4,001)
(870)
(2,500)
(1,043)
(187,754)
(85,196)
(85,196)
(272,950)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(999)
-
-
-
(999)
999
999
-		 At the
end of the
year
£
38,804
2,487
1,184
-
-
-
-
2,002
-
3,941
-
4,169
-
-
1
-
-
-
336,372
4,335
-
-
1,982
-
957
396,234
64,260
64,260
460,494

23

St Margaret's Community Trust Notes to the financial statements For the year ended 31 December 2025

Total restricted funds
General funds
Total unrestricted funds
2024
Restricted funds:
Unrestricted funds:
Total funds
National Lottery Community Fund
Unity in the Community project
Musical Youth project
Birmingham City Council
Prevention & Communities
POhWER NNS Chai & Chat Be Men
Levelling Up
Celebrating Communities
Pocket Park
Warm Welcome
POhWER NNS Creative Hands
Inspiring Fitness
POhWER - Meet Your Neighbour
Severn Trent - Village Green
Project
Heart of England - Meet Your
Neighbour
Eveson Trust
Grantham Yorke
Church Capital - Depreciation		 At the
start of
the year
£
51,999
-
1,481
2,263
-
2,564
-
-
-
-
7,408
13,102
2,825
2,644
-
388,122
472,408
43,158
43,158
515,566		 Incoming
resources
& gains
£
95,000
19,812
25,000
-
14,750
-
5,000
4,000
4,643
500
-
2,734
-
-
4,890
-
-
176,329
65,712
65,712
242,041		 Outgoing
resources &
losses
£
(97,111)
(4,950)
(26,866)
(2,224)
(14,750)
(2,564)
(5,000)
(1,145)
(2,259)
(500)
(7,408)
(15,150)
(2,825)
(2,644)
-
(25,875)
-
(211,271)
(55,469)
(55,469)
(266,740)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 At the
end of the
year
£
49,888
14,862
(385)
39
-
-
-
2,855
2,384
-
-
686
-
-
4,890
362,247
-
437,466
53,401
53,401
490,867

24

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

14 Movements in funds (continued)

Purpose of restricted funds

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 particular intergenerational activities using an asset based approach.

National Lottery Community Fund – Musical Youth project Awards for All funding to provide music lessons and activities for children and young people.

Birmingham City Council - Prevention & Communities Prevention and communities for over 50's well being work.

Birmingham City Council – POhWER NNS Chai & Chat Be Men From Neighbourhood Networks - Activity money for men’s work.

Birmingham City Council – Levelling Up Funding to help develop leadership 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 NNS 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 Project

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.

25

St Margaret's Community Trust Notes to the financial statements

For the year ended 31 December 2025

14 Movements in funds (continued)

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

Birmingham City Council - Overpool Green

For the delivery of Healthier Streets project in the area of Overpool Green

POhWER NNS Ward End Celebration

One off celebration event, funded by Birmingham NNS (via POhWer)

POhWER NNS Men Side by Side

2 year project to support men in Ward End with social, health and wellbeing activties

Thrive Birmingham - Slow Cookers

Funding from Thrive Birmingham to purchase cookers and offer cooking workshops

The Clothworkers

Funding for IT equipment upgrade

The Rowlands Trust Towards youth work provision.

The Lord Mayor's Fund Contribution towards summer trips and activities

Birmingham International Airport Community Trust Fund

For purchase of equipment and resources for all activities

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

26