Trustees’ Annual Report for the period
From 1 January 2020 Period start date To end date
31 December 2020 Period
Charity name: St Margaret’s
Charity registration number: 1130509
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes, trustees are all aware |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Para 1.38 | |
| Policy on grant making | |
| Para 1.38 | |
| Policy on social investment | |
| including program related | |
| investment | |
| Para 1.38 | |
| Contribution made by | |
| volunteers | |
| Other |
Achievements and Performance
SORP reference Summary of the main achievements of the charity, identifying the difference the charity’s work has made to Para 1.20 the circumstances of its beneficiaries and any wider benefits to society as a whole.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | See auditor’s report solvent |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | St Margaret’s |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1130509 |
| Charity’s principal address | 2 St Margaret’s Road Prestwich Manchester M25 2QB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Margaret Anne Orrell |
Treasurer | committee | ||
| David McConville |
Church Warden | committee | ||
| Laurel Avery | Church Warden | committee | ||
| Joan Evans | Secretary | committee | ||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) M A Orrell Full name(s) Margaret Anne Orrell Position (eg Secretary, trreasurer Chair, etc) Date 14/06/2022
| RECEIPTS DESIGNATED RESTRICTED 2020 2019 FUNDS FUNDS FUNDS TOTAL TOTAL Voluntary Receipts Planned Giving a 40051.35 40051.35 36272.90 Collections at Services b 1294.29 1294.29 1713.95 All other giving/vol receipts c 62593.90 62593.90 7193.95 Gift Aid recovered d 12131.32 12131.32 5640.44 116070.86 116070.86 50821.24 Activities for generating funds e 5029.19 1195.15 6,224.34 9443.21 Investment Income f 28.30 171.06 912.55 1,111.91 64.17 Church Activities g 14085.55 0.00 14,085.55 29867.36 Other receipts h 0.00 0.00 20000.00 TOTAL RECEIPTS 135213.90 1366.21 912.55 137492.66 110195.98 PAYMENTS Church Activities Parish Share i 45100.00 45100.00 44110.23 Clergy and Staffing Costs j 4206.89 4,206.89 3919.35 Church Running Expenses k 52353.78 24.55 52,378.33 31575.26 Church House Costs l 4304.98 4,304.98 7905.32 Mission and Donations m 95.98 95.98 876.30 106061.63 24.55 0.00 106086.18 88386.46 Cost of Generating Funds n 71.90 71.90 141.69 TOTAL PAYMENTS 106133.53 24.55 0.00 106158.08 88528.15 EXCESS OF RECEIPTS OVER PAYMENTS 29080.37 1341.66 912.55 31334.58 21667.83 Balances brought forward 01.01.2020 59653.74 40286.85 214911.28 314851.87 40019.87 Balances carried forward 31.12.2020 88500.29 40457.91 215823.83 344782.03 59653.74 Restricted & Statement of assets and liabilities Unrestricted Designated Endowed 2019 2018 funds funds funds Cash funds Bank Current account 56237.40 56237.40 27,473.62 Bank Reserve account 32150.96 32150.96 32,122.66 CBF Deposit (Churchyard) 215823.83 215823.83 214,911.28 CBF Deposit (Sedgwick) 40457.91 40457.91 40,286.85 Cash 111.93 111.93 57.46 88500.29 40457.91 215823.83 344782.03 314,851.87 UNRESTRICTED Note |
RECEIPTS DESIGNATED RESTRICTED 2020 2019 FUNDS FUNDS FUNDS TOTAL TOTAL Voluntary Receipts Planned Giving a 40051.35 40051.35 36272.90 Collections at Services b 1294.29 1294.29 1713.95 All other giving/vol receipts c 62593.90 62593.90 7193.95 Gift Aid recovered d 12131.32 12131.32 5640.44 116070.86 116070.86 50821.24 Activities for generating funds e 5029.19 1195.15 6,224.34 9443.21 Investment Income f 28.30 171.06 912.55 1,111.91 64.17 Church Activities g 14085.55 0.00 14,085.55 29867.36 Other receipts h 0.00 0.00 20000.00 TOTAL RECEIPTS 135213.90 1366.21 912.55 137492.66 110195.98 PAYMENTS Church Activities Parish Share i 45100.00 45100.00 44110.23 Clergy and Staffing Costs j 4206.89 4,206.89 3919.35 Church Running Expenses k 52353.78 24.55 52,378.33 31575.26 Church House Costs l 4304.98 4,304.98 7905.32 Mission and Donations m 95.98 95.98 876.30 106061.63 24.55 0.00 106086.18 88386.46 Cost of Generating Funds n 71.90 71.90 141.69 TOTAL PAYMENTS 106133.53 24.55 0.00 106158.08 88528.15 EXCESS OF RECEIPTS OVER PAYMENTS 29080.37 1341.66 912.55 31334.58 21667.83 Balances brought forward 01.01.2020 59653.74 40286.85 214911.28 314851.87 40019.87 Balances carried forward 31.12.2020 88500.29 40457.91 215823.83 344782.03 59653.74 Restricted & Statement of assets and liabilities Unrestricted Designated Endowed 2019 2018 funds funds funds Cash funds Bank Current account 56237.40 56237.40 27,473.62 Bank Reserve account 32150.96 32150.96 32,122.66 CBF Deposit (Churchyard) 215823.83 215823.83 214,911.28 CBF Deposit (Sedgwick) 40457.91 40457.91 40,286.85 Cash 111.93 111.93 57.46 88500.29 40457.91 215823.83 344782.03 314,851.87 UNRESTRICTED Note |
RECEIPTS DESIGNATED RESTRICTED 2020 2019 FUNDS FUNDS FUNDS TOTAL TOTAL Voluntary Receipts Planned Giving a 40051.35 40051.35 36272.90 Collections at Services b 1294.29 1294.29 1713.95 All other giving/vol receipts c 62593.90 62593.90 7193.95 Gift Aid recovered d 12131.32 12131.32 5640.44 116070.86 116070.86 50821.24 Activities for generating funds e 5029.19 1195.15 6,224.34 9443.21 Investment Income f 28.30 171.06 912.55 1,111.91 64.17 Church Activities g 14085.55 0.00 14,085.55 29867.36 Other receipts h 0.00 0.00 20000.00 TOTAL RECEIPTS 135213.90 1366.21 912.55 137492.66 110195.98 PAYMENTS Church Activities Parish Share i 45100.00 45100.00 44110.23 Clergy and Staffing Costs j 4206.89 4,206.89 3919.35 Church Running Expenses k 52353.78 24.55 52,378.33 31575.26 Church House Costs l 4304.98 4,304.98 7905.32 Mission and Donations m 95.98 95.98 876.30 106061.63 24.55 0.00 106086.18 88386.46 Cost of Generating Funds n 71.90 71.90 141.69 TOTAL PAYMENTS 106133.53 24.55 0.00 106158.08 88528.15 EXCESS OF RECEIPTS OVER PAYMENTS 29080.37 1341.66 912.55 31334.58 21667.83 Balances brought forward 01.01.2020 59653.74 40286.85 214911.28 314851.87 40019.87 Balances carried forward 31.12.2020 88500.29 40457.91 215823.83 344782.03 59653.74 Restricted & Statement of assets and liabilities Unrestricted Designated Endowed 2019 2018 funds funds funds Cash funds Bank Current account 56237.40 56237.40 27,473.62 Bank Reserve account 32150.96 32150.96 32,122.66 CBF Deposit (Churchyard) 215823.83 215823.83 214,911.28 CBF Deposit (Sedgwick) 40457.91 40457.91 40,286.85 Cash 111.93 111.93 57.46 88500.29 40457.91 215823.83 344782.03 314,851.87 UNRESTRICTED Note |
|---|---|---|
| e f g h |
116070.86 116070.86 50821.24 5029.19 1195.15 6,224.34 9443.21 28.30 171.06 912.55 1,111.91 64.17 14085.55 0.00 14,085.55 29867.36 0.00 0.00 20000.00 |
|
| i j k l m |
135213.90 1366.21 912.55 137492.66 110195.98 45100.00 45100.00 44110.23 4206.89 4,206.89 3919.35 52353.78 24.55 52,378.33 31575.26 4304.98 4,304.98 7905.32 95.98 95.98 876.30 |
|
| n | 106061.63 24.55 0.00 106086.18 88386.46 71.90 71.90 141.69 |
|
| 106133.53 24.55 0.00 106158.08 88528.15 29080.37 1341.66 912.55 31334.58 21667.83 59653.74 40286.85 214911.28 314851.87 40019.87 88500.29 40457.91 215823.83 344782.03 59653.74 Restricted & Unrestricted Designated Endowed 2019 2018 funds funds funds 56237.40 56237.40 27,473.62 32150.96 32150.96 32,122.66 215823.83 215823.83 214,911.28 40457.91 40457.91 40,286.85 111.93 111.93 57.46 |
||
| 88500.29 40457.91 215823.83 344782.03 314,851.87 |
Fixed Assets
St. Margarets Church is insured for 11,200,000.00 The Church House Building is insured for 2,800,000.00 St Georges Church is insured for 5,600,000.00
Approved by PCC on 30th May 2021 and signed on their behalf by
Revd Deborah Sandercock-Pickles Vicar
Jndependent Examinerfs Report to the Parochial Church Council of the Parish of St Margaret, Holyrood, Prestwlch I reporton the accounts of the Church for the year ended 31 December 2020 whlch are set out on pa8e I to 3 Respective Responslbllltles of Trustees (PCC) and Examlner: The church's trustees are responslble for the preparation of the accounts. The church's trustees consider that an audlt is not required for this year under section 14412) of the Charltles Act 2011 Ithe 2011 Art) and that an independent examinatlon is needed. It ts my respo{Ibility to:. Examine the accounts (under sectlon 125 of the 2011 Act); To follow the procedures lald down in the General Directions given b¥ the Charity Commlssioners (under section 14515}Ib) of the 2011 Act); and To state whether particular matters have come to my attention. Basis of Independent Examinerfs report My examination was carried out in accordan wlth the general Directlons given by the Charlty Commission. An examination includes a review of thé accounting records kept by the Charlty {the PCC) and a comparison of the accounts presented wtth those fecordL It also in¢ludes Consideration of any unusual items or disclosures in the accounts and seeking exPttatiOnS from you as tsustees conceminganv suth matters. The ProdureS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view/ and the report is Independent examinerfs Statement ln comectlon with my examination. no matter has corrte to my attention which gives me reasonable cause to belleve that In any material respert the requirements to keep accountingrer£rds in accordance with sedlon 130 of the 2011 Ac¢. and to prepare accounts whith accord with accountlng records and comply with the accounting requlrements of the 2011 have aotbeen me¥ or to whith, in my opinlon. attention 5h¢xdd be drawn in order to enable a proper understandlng of the accounts to be reaclwL IDate) a?/ot 2011 Ro&mJicr HmucHÉsrc4 k42Y .