## **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|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
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## – 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 .