Trustees’ Annual Report for the period
From 1 January 2022 Period start date To end date
31 December 2022 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, treasurer Chair, etc) Date 08/11/2022
Financial Statements for the Year Ended 31st December 2022 RECEIPTS AND PAYMENTS ACCOUNTS
| RECEIPTS | UNRESTRICTED | UNRESTRICTED | DESIGNATED | RESTRICTED | 2022 | 2021 | |
|---|---|---|---|---|---|---|---|
| Note | FUNDS | FUNDS | FUNDS | TOTAL | TOTAL | ||
| Voluntary Receipts | |||||||
| Planned Giving | a | 41292.20 | 41292.20 | 39628 | |||
| Collections at Services | b | 1367.23 | 1367.23 | 960 | |||
| All other giving/vol receipts | c | 5505.02 | 5505.02 | 3181 | |||
| Gift Aid recovered | d | 5210.32 | 5210.32 | 10745 | |||
| 53374.77 | 53374.77 | 54514 | |||||
| Activities for generating funds | e | 9237.22 | -125.74 | 9,111.48 | 3454 | ||
| Investment Income | f | 69.96 | 532.41 | 2833.24 | 3,435.61 | 137 | |
| Church Activities | g | 21448.44 | 21,448.44 | 20322 | |||
| Funds for Dig Church | 5400.00 | 5,400.00 | 0 | ||||
| Trans from CCLA | 1400.00 | 1,400.00 | 0 | ||||
| TOTAL RECEIPTS | 85530.39 | 5806.67 | 2833.24 | 94170.30 | 78427 | ||
| PAYMENTS | |||||||
| Church | |||||||
| Activities | |||||||
| Parish Share | i | 46919.60 | 46919.60 | 46000 | |||
| Clergy and Staffing Costs | j | 1816.92 | 1,816.92 | 4262 | |||
| Church Running Expenses | k | 35948.04 | 35,948.04 | 36832 | |||
| Church House Costs | l | 6030.19 | 6,030.19 | 4005 | |||
| Mission and Donations | m | 465.00 | 465.00 | 376 | |||
| Char/Xmas | 635 | ||||||
| 91179.75 | 91179.75 | 92110 | |||||
| Cost of Generating Funds | n | 72.40 | 72.40 | ||||
| TOTAL PAYMENTS | 91252.15 | 91252.15 | -13683 | ||||
| EXCESS OF RECEIPTS OVER PAYMENTS | -5721.76 | 5806.67 | 2833.24 | 2918.15 | -13683 | ||
| Transfers between funds | in | ||||||
| out | |||||||
| Balances brought forward 01.01.2022 | 74240.24 | 40478.98 | 215936.25 | 330655.47 | |||
| Balances carried forward 31.12.2022 | 71969.26 | 41011.39 | 217369.49 | 330350.14 | |||
| Statement of assets and liabilities | |||||||
| Note | Unrestricted | Designated | Restricted & | 2022 | 2021 | ||
| funds | funds | Endowed | |||||
| funds | |||||||
| Cash funds | |||||||
| Bank Current account | 39739.36 | 39739.36 | 41869.18 | ||||
| Bank Reserve account | 32224.13 | 32224.13 | 32154.17 | ||||
| CBF Deposit (Churchyard) | 217369.49 | 217369.49 | 215936.25 | ||||
| CBF Deposit (Sedgwick) | 41011.39 | 41011.39 | 40478.98 | ||||
| Cash | 5.77 | 5.77 | 216.89 | ||||
| 71969.26 | 41011.39 | 217369.49 | 330350.14 | 330655.47 | |||
| Fixed Assets | St | Margarets Church is insured for | 13,300,000.00 | ||||
| The Church House is insured for | 3,330,000.00 | ||||||
| St | Georges Church is insured for | 6,650,000.00 |
Approved by the PCC on and signed on their behalf by
| Report to the trustees | The Parochial Church of the Ecclesiastical Parish of St Margaret, Charity Name |
|---|---|
| Holyrood, Prestwich | |
| On accountsfor the year | 31/12/2022 Charity no 1130509 |
| ended | (ifany) |
| Set out on pages | (remernber to include the page numbers of additional sheets) |
| I report to the trustees on my examination ofthe accounts of the above | |
| charity ("the Trust") for the yearended | |
| Responsibilitiesand | As the charity's trustees, you are responsible forthe preparation of the |
| basis of report | accounts in accordance with the requirements of the CharitiesAct 2011 |
| ("the Act"). | |
| I report in respect ofmyexamination of the Trust's accounts carried out | |
| under section 145 of the 2011 Act and in carrying out my examination, I | |
| have followed all the applicableDirections given by the CharityCommission | |
| under section 145(5)(b) of the Act. | |
| Independent | [Th harity's ross income exc ed E25 ,000 I am alified/tQ |
| examiner's statement | ertke e am• ati b ein a ali d e b of [in n¯nameof |
| applicab e listed dy]]. De ete [ ] if t applicable. |
|
| I have completed my examination. I confirm that no material matters have |
|
| come to my attention in connection with the examination (otherthan that | |
| disclosed below *) which gives me cause to believe that in, any material | |
| respect: | |
| the accounting records were not kept in accordance with section 130 | |
| of the CharitiesAct; or | |
| the accounts did not accord with the accounting records; or | |
| the accounts did not comply with the applicable requirements | |
| concerning the form and content ofaccounts set out in the Charities | |
| (Accounts and Reports) Regulations2008 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. |