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2025-12-31-accounts

St Margaret’s Church – Annual Report 2025

Annual Report And Financial Statements Of the Parochial Church Council

For the year ended 31 December 2025

Incumbent:

In Vacancy

Charity Number: 1147836

Banks:

Current Accounts:

Santander UK PLC, Bootle, Merseyside, L30 4GB Lloyds Bank PLC, Poplar Road, Solihull, B91 3AN

Deposit Account:

CBF Church of England deposit Fund, CCLA Investment Management Ltd. Senator house, 85 Queen Victoria St, London EC4V 4ET

Independent examiner:

Thomas & Young Ltd Carleton House 266-268 Stratford Road Shirley, Solihull, B90 3AD

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St Margaret’s Church – Annual Report 2025

Background

St Margaret’s Parochial Church Council (PCC) is responsible for the maintenance of the Church, Church Hall and Grounds at St Margaret’s, Olton, Solihull and for the finances of St Margaret’s church. At this time of vacancy, it also has the responsibility of maintaining the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St Margaret’s. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We seek to provide pastoral care for those living in the parish. Together we aim to learn about the gospel and develop our knowledge and trust in Jesus.

As a registered charity, St Margaret’s priorities must align with the Charity Commission’s guidance on public benefit, and in particular, the supplementary guidance on charities for the advancement of religion. The three priorities for our vision are:

Worship and Prayer

The PCC offers a range of services to cater to all age groups, and to people at different stages of their Christian journey. On Sundays our 9.30am service is set up with young families in mind although all generations sometimes enjoy attending. Our 10.30am service in the choral tradition is the service where many members of the congregation who have been committed for a longer time come to worship, where the teaching often goes slightly deeper. On Sunday evenings we offer choral evensong twice a month with spoken evening prayer on the other Sundays. A spoken Wednesday morning communion has become an increasingly popular service mid-week.

In 2025 we had 16 baptisms. We usually aim to baptise during either our 9.30am or 10.30am service on a Sunday so that we are truly welcoming them into the worshiping family of God. We celebrated 3 weddings over the year. Our funeral ministry continues to be an essential part of our mission to share God’s love with the community with several funerals either having taken place at St Margaret’s or being led by ministers from St Margaret’s this year at the Crematorium.

We continue to work with Olton Friary and Olton Baptist Church as ‘Churches Together Olton’ joining together publicly at Prayers for Christian Unity, for The World Day of Prayer, our Good Friday Walk of Witness and our Advent Carol Service. We continue together to produce a joint Christmas card with these other churches for our community.

Lynne Hill

Lay vice chair

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St Margaret’s Church – Annual Report 2025

Ministry & mission Team

BAPTISM TEAM REPORT

Baptisms at St Margaret’s generally take place at 10.30 on the fourth Sunday of the month, although from time to time either religious or secular events cause this to change.

Over 2025 fifteen children were brought for Baptism. In addition, one adult was Baptised. Because she was a member of the Wednesday morning service it was felt appropriate that the ceremony took place during a Wednesday service.

We are grateful to the visiting clergy who have taken our Baptism services during this period of vacancy. During this time of vacancy, the pre-Baptism preparation has changed. Cilla is undertaking extended home visits to families and the in-church pre-Baptism sessions are in abeyance. It is possible that the pattern of preparation and Baptism service will change after the arrival of Revd Louise Beasley.

We welcome the fact that parents are bringing their children to baptism as the first step on their Christian journeys.

Cilla Taylor (Baptism Team Co-Ordinator)

Deanery Synod

Yardley and Solihull Deanery Synod met formally three times this year, with an informal summer social at St Mary’s, Temple Balsall in the summer.

In February the meeting was held at St John’s, Knowle. The main topic for the meeting was a presentation by Caroline Merry, Director of Place for Hope (PfH). This is a Christian organisation seeking to use Non Violent Intervention to enable Conflict Resolution. For more information see https://www.placeforhope.org.uk

In June the hosts were Christ Church, Burney Lane. At this meeting the main presentation was given by Matt Vaughan. Matt and his wife Andrea worked as Missioners with Interserve (a Christian Mission organisation see interserve.org.uk) in Pakistan and Malaysia before returning to the UK Matt and Andrea now work as Mission Enablers. They are based at Christ Church, Burney Lane and are supported by Interserve and Christ Church.

The summer social was held on a beautiful July evening at St Mary’s, Temple Balsall. The members enjoyed a cold buffet and the opportunity to chat in the beautiful grounds.

The October meeting was held here at St Margaret’s, to make use of our technology. Bishop Esther gave a presentation on the Birmingham Diocesan BID. The BID was an application to the Church of England for funding to assist the diocese to develop its vision of Sustainability, Leadership, Church /Parish Growth and Church Planting/Revitalisation. The success of the bid showed that the national church recognised that Birmingham had a vision. The Area Dean concluded by saying that the success of the bid offered opportunity and hope.

Being a member of Deanery Synod is a good way of meeting with our brothers and sisters from other local churches and participating in discussion with them. It’s a means of hearing how other churches approach problems and difficulties. If anyone is interested in becoming a Deanery Synod Rep I would be delighted to talk to them.

Cilla Taylor (Deanery Synod Representative)

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St Margaret’s Church – Annual Report 2025

Electoral Roll

The new electoral roll for the Parish Church of St Margaret, Olton was prepared in accordance with the Church Representation Rules 2022 between 12[th] January 2025 and 9[th] March 2025. There are 170 persons on the new roll of which fifty-three persons reside outside the parish boundary.

Regan Electoral Roll Officer

PCC Membership

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial church council powers Measure. The PCC is a registered Charity.

The method of appointment of PCC members is set out in the Church Representation Rules. The membership of the PCC consists of the clergy, churchwardens, the licensed reader, and members elected by those members of the congregation who are on the electoral roll of the Church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.

Given its wide responsibilities the PCC has several committees each dealing with a particular aspect of parish life. These committees, which include worship, ministry and mission, and finance, are all responsible to the PCC and report back to it regularly with minutes of their decisions being received by the full PCC and discussed, as necessary.

During 2025 the following served as members of the PCC: During 2025 the following served as members of the PCC:
Incumbent As at year end in vacancy
Licensed Reader Beverley Robottom-Scott
Wardens Elizabeth Hart
Deanery Synod Cilla Taylor
Members
Elected Members Michael Carthew
Lynne Hill
Michael Dodgeon resigned May 2025
Andrew Taylor
Phil Carpenter
Christine Evans
Robert Smith
Ruth Galvin
Claire Mitchell
Michael Belcher – appointed May 2025
Steven Adams – appointed May 2025
PCC Secretary
Carol Belcher

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St Margaret’s Church – Annual Report 2025

The PCC has met 7 times on the 30[th] April, 28[th] May, 25[th] June, 30[th] July, 24[th] September, 29[th] October & 3[rd] December 2025, since the APCM held last year. Following the APCM we had 3 vacancies on Deanery Synod and 2 on the PCC.

This year, prior to the APCM the PCC meeting has held 4 meetings on 28[th] January, 25[th] February, 25[th] March & 29[th] April 2026.

Carol Belcher

Secretary to PCC

Reserves Policy

It is the policy of this church to hold in reserve the equivalent of three months’ general running costs (£30K). It is also our policy to hold an amount for likely building works at the next quinquennial inspection (£8K), totaling £38K. This policy will be reviewed in twelve months’ time, and it is our aim to increase the amount in reserve to the desired level at that time.

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St Margaret’s Church – Annual Report 2025

Financial Review

Main Financial Movements

The overall net income for 2025 was a deficit of £18,706. Expenditure on designated funds, such as depreciation of the AV system and building work to the north side of the church building, has contributed to this deficit.

In the year 2025 we had to draw £50K from our CCLA deposit account to improve our cash flow. In total we received interest of £40,406 from the CCLA deposit account. This is £7680 less than previous year and is a direct result of a reduction of funds and a fall in interest rates. The Accumulation and Income shares we hold with CCLA decreased in value; the revaluation figure was £47,284 a loss of £667 at year end.

Of the overall deficit £245 is a result of the general fund, where our income is not meeting our day-to-day operational costs.

The following table shows our general fund surplus/deficit over previous years and our financial position on general fund at year end –

2025 2024 2023 2022 2021 2020 2019
Surplus/Deficit (£245) (£2,373) £174,402 (£17,151) £250,774 £601,926 £4789
General Fund £215,875 £205,586 £958,725 £860,151 £877,821 £632,132 £29,814
Designated £793,061 £821,450 £80,386 £8,115 £8,115 £3,115 £7,690

Designated and Restricted Funds

Restricted funds are set up when donors stipulate the use of the donated funds or funds have been raised for a specific project, £9,612 of the church asset is in restricted funds. This is contributed mainly by 2 funds, the Toilet fund and the Youth fund, these continue to be static funds. We have regular donations to the Organ

Fund this helps to support the maintenance of the recently refurbished organ.

We received three separate grants over the year from Birmingham City Council amounting to £3,000 in total for our Warm Wednesday group.

The designated funds are allocated by the PCC for a specific purpose. When we have larger known capital expenditure it is helpful to move the funds to a designated fund, it ring fences the money and helps to maintain the general fund for the day-to-day operations of the church. This year £10,896 was transferred from the AV fund back into the general fund as the final expenditure was less than the amount expected.

Income

Focus needs to be given to increasing our regular income to meet our day to day running costs. The following table shows how our general fund income has trended over previous years -

2025 2024 2023 2022 2021 2020 2019
£151,394
(£120.447)		 £129,615 £285,960
(£120,960)		 £92,012 £435,884
(£85,884)		 £681,023
(£81,023)		 £98,955

Our income less Interim Distributions.

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St Margaret’s Church – Annual Report 2025

Our voluntary income from regular giving was in decline again this year by 16% (£7,034) on previous year, this is on top of a year-on-year decline (13% in 2024). When we receive less voluntary income, we potentially also lose the 25% gift aid element from those eligible donations. The Andrew Hulme legacy was finalised this year with a final distribution of £30,947. The total of the legacy left for St Margaret’s church by Andrew Hulme is £1,145,947.

We received £24,259 of income from church activities, this was an increase of £2,712 on previous year. Our hall revenue increased by 18% (£3,245). It was lovely to see more weddings taking place at St Margaret’s in 2025. We received £2,831 in fees, £1060 more than the previous year.

The net income received from fundraising activities is £8,915, this compares to £6,573 in 2024.

Voluntary donations, hall lettings and fundraising events makes up 49.5% of our income, interest equates to 26.5% of our overall income.

Expenditure

The following table shows how our general fund expenditure has trended over previous years –

2025 2024 2023 2022 2021 2020 2019
£150,972 £134,218 £116,567 £107,877 £191,785
(£96,779)		 £82,597 £100,444

Our operational expenditure for 2025 was £16,751 more than previous year. The main contributor to our increased costs is a £12,500 increase in our common fund. Other factors include £2K spend on visiting clergy, we will be looking to offset this cost against our diocese fees. The utility bills increased by £2k in 2025, however there has been a meter reporting issue with the hall gas meter, we expect to receive refunds or credits in 2026.

Expenditure from our designated funds include £3918 in architect fees, £13,575 of depreciation on fixtures and fittings.

Our employee costs also increased from £17,878 to £19,459. Pay rises were made to employees in line with inflation, this also impacted the organist and choir costs.

Charitable Work

We continue to support a few charities throughout the year -

Christian Aid = Focus on Christian Aid week and Christmas special appeal. Narthex Sparkhill = Monthly food collections and harvest contributions for the Foodbank. Children’s Society = At our Christingle service, and through home collection boxes.

During the year funds from the coffee served after the Wednesday morning communion service has been donated to Educaid Africa.

As I finish my final year as treasurer in 2025, I thank Carol Belcher for taking on this important role. While reviewing this year’s accounts, please take a moment to remember Andrew Hulme and his dedicated service to St Margarets, as well as his lasting legacy to the church.

Natalie Henderson, Treasurer

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St Margaret’s Church – Annual Report 2025

Independent Examiner’s Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of St Maragret’s Olton

I report on the accounts of the Charity for the year ended 31 December 2025, which are set out on pages 9 to 17.

Respective responsibilities of trustees and examiner

The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this year under Section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures 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 limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination no matter has come to my attention:

  1. 1) which gives me reasonable cause to believe that in any material respect the requirements:

    • to keep accounting records in accordance with Section 130 of the 2011 Act; and
    • to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

  4. 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J Carty FCA FCCA

Thomas & Young Limited

Chartered Accountants & Registered Auditors

Carleton House 266 – 268 Stratford Road Shirley Solihull West Midlands B90 3AD

Dated: 29 April 2026

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St Margaret’s Church – Annual Report 2025

Parochial Church Council of St Margaret's Church, Olton

For the Year Ended 31 December 2025

Charity Number 1147836

Statement of Financial Activities

Statement of Financial Activities
Unrestricted
General Designated Restricted Endowment TOTAL FUNDS
Note Funds Funds Funds Funds 2025 2024
£ £ £ £ £ £
Income and Endowments from:
Voluntary Income -Donations 77,298 - 3,299 - 80,597 59,507
Income from Church Activities 23,734 525 - - 24,258 22,499
Activities for generating funds 9,852 - - - 9,852 8,353
Income from Investments 40,511 - - - 40,511 48,189
TOTAL 151,394 525 3,299 - 155,219 138,548
Expenditure on:
Raising funds 937 - - - 937 1,368
Charitable activities 150,035 18,380 3,905 - 172,320 149,227
TOTAL 150,972 18,380 3,905 - 173,257 150,595
Net income/(expenditure) before 422 (17,855) (606) - (18,039) (12,046)
investment gains
Net gains on investments (667) - - - (667) 2,230
Gain on stock revaluation - - - - - -
NET INCOME (245) (17,855) (606) - (18,706) (9,816)
Transfers between funds 10,534 (10,534) - - - -
Net movement in funds 10,289 (28,389) (606) - (18,706) (9,816)
Total funds at 1st January 205,586 821,450 10,218 - 1,037,254 1,047,070
Total funds at 31st 215,875 793,061 9,612 - 1,018,549 1,037,254
December

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St Margaret’s Church – Annual Report 2025

Parochial Church Council of St Margaret's Church, Olton For the Year Ended 31 December 2025

Charity Number 1147836

Balance Sheet at 31 December 2025

Note
Fixed Assets:
Fixtures & Fittings
Investments
Current Assets:
Debtors
Short term deposits
Cash at bank and in hand
Stock of books and cards
Current Liabilities:
Creditors
Net Current Assets
Total Net Assets
Represented by parish funds:
Unrestricted - General
Unrestricted - Designated
Restricted		 2025
2024
£
£
49,774 63,349
47,284 47,950
97,058
111,299
10,629 11,826
932,778
942,267
19,722 44,726
425 397
963,554
999,216
(42,064)
(73,261)
921,490
925,955
1,018,548
1,037,254
215,875
205,586
793,061
821,450
9,612 10,218
1,018,549 1,037,254

The notes of pages 11 and 12 form part of these financial statements.

The financial statements were approved and authorised for issue by the Parochial Church Council on 29[th] April 2026

Approved by the Parochial Church Council on 29th April 2026

And signed on its behalf by:

……………………………………………………………………………………

Natalie Henderson - Treasurer

…………………………………………………………………………………

Revd. Louise Beasley - Incumbent

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St Margaret’s Church – Annual Report 2025

Notes

1. Principal Accounting Policies

Basis of accounting

St Margaret's Olton is a Parochial Church Council in England. The address of the registered office is given in the charity's information on page 2 of these financial statements. The nature of the charity's operations and principal activities are for the advancement of the Church of England through worship and prayer, provision of pastoral care for people living in the parish, missionary and outreach work.

The charity constitutes a public benefit entity as defined by FRS 102. 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 (FRS102) issued in July 2014, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS102 Section 1A.

The financial statements have been prepared on a going concern basis under the historical cost conversion, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise of unrestricted funds that have been set aside be the trustees for particular purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

Income

All income is included in the Statement of Financial Activities when the PCC is legally entitled to them as income or capital respectively, ultimate receipt is probable and the amount to be recognised can be quantified with reasonable accuracy. Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the income to which they relate are received.

Grants received which are subject to pre conditions for entitlements or use specified by the donor which have not been met at the year-end are included in creditors to be carried forward to the following year. Dividends and rents are accounted for when declared receivable, interest as and when accrued by the payer.

All income is accounted for gross.

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St Margaret’s Church – Annual Report 2025

Expenditure

Liabilities are recognised as soon as there is a legal or constructive obligation committing the PCC to pay out resources. Expenditure is included on an accrual’s basis under the following headings; all costs are allocated under a specific category

Costs of raising funds

These are the costs associated with the PCC’s fundraising activities such as parish magazine printing, summer fete and Christmas fayre event costs and church hall running costs

Charitable expenditure

costs of running the church such as the diocesan parish share, church building and service costs. The diocesan parish share expected to be paid over is accounted for when due. Mission expenditure includes mission giving and donations, outreach in the community activities, messy church and associated staff costs.

Support costs consist of central management, administration and governance costs such as the independent examiner fees. These are costs which are directly attributable to a specific charitable activity.

Grants and donations payable are accounted for when authorised, when the ward of the grant/donation has been specifically communicated to the recipient and when the PCC have agreed to pay the grant/donation without condition, or any condition attaching to the grant/donation is outside the control of the PCC. Grants/donations offered subject to certain condition which have not been met at the year-end are noted as a commitment, but not accrued as expenditure. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC.

Expenditure is account for gross.

Tangible fixed assets and depreciation

Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1000 so all such expenditure has been written off when incurred.

of equipment with a purchase price of £1000 or less are written off when the asset is acquired.

Financial instruments

The PCC has elected to apply the provision of Section 11 "Basic Financial Instruments" and section 12 "Other Financial Instruments" of FRS102 in full to all of its financial instruments.

Debtors which are receivable within 1 year and which do not constitute a financing transaction are initially measured at the transaction price. Debtors are subsequently measure at amortised cost being the transaction price less any amounts settled and any impairment losses.

Creditor's payable within 1 year and which do not constitute a financing transaction are initially measured at the transaction price. Creditors are subsequently measure at amortised cost being the transaction price less any amounts settled.

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St Margaret’s Church – Annual Report 2025

2. Income
Voluntary Income - Donations
Planned giving
Collections at services
Other tax Efficient Giving
Sundry donations
Grant/Legacy
Gift Aid recovered
Income from Church Activities
Fees for weddings and funerals
Hall lettings
Sale of Books and Cards
Other incoming resources
Activities for Generating funds
Parish Magazine
Summer and Christmas fete
fundraising events
Investments
Dividends on CBF Funds
Bank and CBF interest
Total Income		 2. Income
Voluntary Income - Donations
Planned giving
Collections at services
Other tax Efficient Giving
Sundry donations
Grant/Legacy
Gift Aid recovered
Income from Church Activities
Fees for weddings and funerals
Hall lettings
Sale of Books and Cards
Other incoming resources
Activities for Generating funds
Parish Magazine
Summer and Christmas fete
fundraising events
Investments
Dividends on CBF Funds
Bank and CBF interest
Total Income
Unrestricted
Restricted
TOTAL
General
Funds
Funds
2025
£
£
£
14,490
240
14,730
13,035
-
13,035
8,661
-
8,661
1,624
59
1,683
30,947
3,000
33,947
8,541
-
8,541
77,298
3,299
80,597
2,831
-
2,831
20,780
-
20,780
122
-
122
525
-
525
24,259
-
24,259
309
-
309
6,592
-
6,592
2,951
-
2,951
9,852
-
9,852
105
-
105
40,406
-
40,406
40,511
-
40,511
151,920
3,299
155,219

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St Margaret’s Church – Annual Report 2025

3. Expenditure
Raising Funds:
Coffee and refreshments
Fundraising Costs
Cost of Stewardship
Charitable Activities:
Resourcing Ministry
Common Fund
Visiting Clergy Expenses
Curate
Organ Inspection & repairs
Organist and Choir
Costs of services
Church Building running costs
Church repairs and maintenance
Depreciation on fixtures & fittings
Hall running costs
Stock of books and cards
Printing and stationary
Parish magazine costs
Bank Charges
Support for resourcing ministry
Resourcing Mission
Resources - Youth Work
Church Excursions
St Margarets School grant
Missionary and Charitable giving
Support for resourcing mission
Governance Costs
Auditor Costs
Other Expenses
Total Expenditure		 3. Expenditure
Raising Funds:
Coffee and refreshments
Fundraising Costs
Cost of Stewardship
Charitable Activities:
Resourcing Ministry
Common Fund
Visiting Clergy Expenses
Curate
Organ Inspection & repairs
Organist and Choir
Costs of services
Church Building running costs
Church repairs and maintenance
Depreciation on fixtures & fittings
Hall running costs
Stock of books and cards
Printing and stationary
Parish magazine costs
Bank Charges
Support for resourcing ministry
Resourcing Mission
Resources - Youth Work
Church Excursions
St Margarets School grant
Missionary and Charitable giving
Support for resourcing mission
Governance Costs
Auditor Costs
Other Expenses
Total Expenditure
Unrestricted
Restricted
TOTAL
General
Funds
Funds
2025
£
£
£
220
-
220
462
-
462
255
-
255
937
-
937
75,000
-
75,000
2,115
-
2,115
-
-
-
-
606
606
7,687
-
7,687
3,430
-
3,430
14,190
-
14,190
15,670
-
15,670
13,575
-
13,575
20,113
-
20,113
94
-
94
2,946
-
2,946
357
-
357
19
-
19
6,276
-
6,276
161,472
606
162,078
-
73
73
-
-
-
2,000
-
2,000
138
3,226
3,364
787
-
787
2,925
3,299
6,224
164,397
3,905
168,302
-
-
-
4,018
-
4,018
4,018
-
4,018
169,352
3,905
173,257

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St Margaret’s Church – Annual Report 2025

4. Investments
CCLA Investment Fund
CCLA Income Fund		 As at
1 January
2025
Purchases
Disposals
Change in
market
value
As at
31 December
2025
£
£
£
£
£
44,168
-
-
(516)
43,653
3,782
-
-
(151)
3,631
47,950
-
-
(667)
47,284

5. Debtors

Receivable within one year:

5. Debtors
Receivable within one year:
Gift Aid Recoverable
Prepayments:
Parish Magazine Advertising
Music Licence
Hall lettings
Bank Deposits
6. Creditors
Amounts falling due within one year:
Accountancy and financial services
Utilities
Uncleared Cheques
Wedding Deposits
Other Creditors
7. Staff Costs
Wages and Salaries
Social Security Costs
Pension Contributions		 2025
2024
£
£
5,344
6,491
75
180
349
338
3,010
2,597
1,851
2,220
10,629
11,826
2025
2024
£
£
1,000
1,000
4,221
2,633
22,268
19,558
950
100
13,625
49,970
42,064
73,261
2025
2024
£
£
19,301
17,782
-
-
158
96
19,459
17,878

During the year the PCC employed a Parish Administrator and 2 cleaners.

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St Margaret’s Church – Annual Report 2025

8. Tangible Fixed Assets

8. Tangible Fixed Assets
2025 2024
£ £
Fixtures & Fittings 49,774 63,349
49,774 63,349
9. Movements in Funds
01-Jan-25 Income Expenditure Transfers Capital 31-Dec-25
Movements
£ £ £ £ £ £
Restricted Fund
Organ 1,055 240 606 - - 689
Toilet Fund 4,063 - - - - 4,063
Youth Group 2,110 - 73 - - 2,037
Warm Wednesday 2,990 3,059 3,226 - - 2,823
10,218 3,299 3,905 - - 9,612
Unrestricted Funds
Designated Funds
Appeals - 525 887 362 - -
Buildings Fund 747,205 - 3,918 - - 743,287
AV - Capital Movement Balancing Pool 74,245 - 13,575 (10,896) - 49,774
-
General Fund 821,450 525 18,380 (10,534) 0 793,061
Unrestricted General Fund 205,586 151,395 150,972 10,534 (667) 215,876
TOTAL FUNDS 1,037,254 155,218 173,257 0 (667) 1,018,549
10. Analysis of Net Assets by
Fund
Unrestricted Unrestricted Restricted Endowment Total 2025 Total 2024
general fund designated fund fund
fund
£ £ £ £ £ £
Investments 47,284 - - 47,284 47,950
Fixed Assets - 49,774 - - 49,774 63,349
Debtors due within one year 10,629 - - - 10,629 11,826
Short term deposits 189,491 743,287 - - 932,778 942,267
Cash at bank 10,110 - 9,612 - 19,722 44,726
Stock of books and cards 425 - - - 425 397
Creditors due within one year (42,064) - - - (42,064) (73,261)
215,875 793,061 9,612 - 1,018,548 1,037,254

11. Payments to PCC Members

No Trustees received any remuneration during the year.

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St Margaret's Church- Annual Report 2025 17