PAROCHIAL CHURCH COUNCIL
OF
STrEATHAM HIL¥ sr MARGAREf THE QUEEN
BARCOMBE AVENU￿ STREATHAM HIL4 SW2 3BH
REPORTS AND ACCOUNTS FOR THE PERIOD
1st JANUARY 2021 to 311t DECEMBER 2021

OFFICERS AND ADVISORS
PCC Members
Chalr". Ven Slm(m Gates
Thomas StantMJry
Tony Emers
Devdopment Board Members
Doug Ross
Charlty Number
1188698
Reglstered Date
February 2020
Reglstered Offi
Kirtyon Area Eplx(pal Oflke,
620 ￿ngstOn Road, Raynes ParK
Bankers
Naiwest Bank
54 Streatham Hlgh Road
SW16 IBZ

St Maryaret the Quee￿ Streatham Hlll
Reports and Flnanckil Ststements 2021
copirENTS
Page
Actlvlty for the year
Independent Examinerfs Report
11
ststement of Assets and Llabllitles
12
Receipts and Payments Account
13
PayffEnts
14
Notes to the Rnandal Statements
15

St Maryaret the Queen. Streatham Hill
St. Margaret the Queen Parochlal Churth Councll IPCCI has the respon5ibilty of cooperatlnB With
the Priest In Charge, the Ven Simon Gates, in promoting in the ecclesiastical par55h, the whole
mlsslon of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also speclfically
responsible forthe maintenance of the Church Building and Hall of St. Mar8aret the Queen,
Streatham.
Mlssionl Aims
Parochlal Church Council of St Margaretthe Queen aim5
to serve the practical and spiritual needs of its surroundin8 community, providing improved
facllltles. including a blend of intergenerational links and creating Posltive social connection5 and
relationships;
We promote the ecclesiastical mi55ion of the church, the good news of Christ and work of God's
klngdom - love, justice and peace. By seeking the well-being of our local community to build
feelings of belon8in8 and reduce loneliness and isolation.
- to maximise the buildin& tacklln8 Inequalities and advanclng rights, promoting the value of diverslty,
local identity and culture and the positive elements of local distinctiveness within the wider
community
at the core sense of the Christian misslon of the Church, its commitment remains developing
contemplative core through a monastic community SUPPOrting the welfare and activities of local
resldents
Actlvlty for the year
St Margaret the Queen continues to be committed to its Mission of bein8 a 'Community Hub,,
discovering new ways for the church building to be of servfjce to the local a￿3. The vision to 'turn the
church inside out, is now realised wrth completion of capital work5, relevance to the buildin8 of
community networks, providing support and enablin8 people to become more actively involved.
St Margaret is focused on tacklin8 inequallties and advancing the rights of part of this disadvantaged
community in the 20% most deprived area in England, consisting dis-advantaged youn8 people and
communities with both economic and cultural disproportionality. supporting vulnerable families,
providing space for young and older people groups and volunteers to SUPPOrt the various users.
Impact of Pondemic
The sporadic changing of lock down rules produced a challen8in8 time of continuous change where
agile flexibility has created resilience for the organi5ation in the disruption of normal operations.
While construction was underway. we experienced reduction in rental income, a lack of safe Space
for young people, volunteering and local groups to meet for social networking.

During the pandemic. the community has had increased loneliness and Isolation leading to increased
mental. physical health and wellbeing. This resulted in massive expansion of the Food bank to service
the increasing demands, whilst also obseriing S¢xial distancing rules thu5 the main South London
distribution ￿ntre stretched to full tapactty: serving the four boroughs of Lambeth. Lewisham,
Southwark and Wandsworth. All food parcels were bein8 delivered, feeding over 100 famllies a
day. The Christmas season 15 always a huge task yet exciting to ensure familie5 have a soft landing on
the pains and grief of the pandemic. Current evidence dictstes communlty capacity building to open
out the work of the food bank and other activities, in the Immediate weeks and months in the New
year 2022 and for the service to be not only aboutfood but also mental health and well-beln8. money
management and lifestyle courses and debt advi￿.
Bulldlng fabric report
As the year opened in January. thescaffoldlngs were up with such excitement and vigour. The capitsl
works continued in eamest and was completed on time and within budget in May, ensurin8 that we
are able to continue to SUPF)Ort the recovery and renewal of our communlty POSt- pandemic,
Although there is further work to be done on the exterior and Interlor of the maln church bullding,
the run-down buildin8 fabric lent itself to the capital project completed in May 2021 to create a
safe, accessible space consisting of a new kitchen, refurbish the ancillary spaces to the northeast part
of the church site, incorporatin8 a complete 'wind and weather-tight, and 'health and safety,
overhaul. The main struttures. seNces and finlshes have been fully up8raded to suit the proposed
future uses.
"1
Scaffolding up and work begins with excitement

We raised a total of £944.IXI), a little shy of the £lmillion budgeted for in our fundraising strate
plan. A big thank you to all our generou5 donors: The Big Lottery.. Reaching Communitie5 grant, The
Lockwood Charitable Foundation, Garfield Weston Foundation, All Churches Trust, Bernard Sunley
Foundation, The TudorTrust. The Laing family Trust, National Churches Twst and Southwark Diocese.
Main Hall transfomiation
I Ir
Main hall under construction
New accesslble WC

The plans are designed to ensure maximum fle￿bilIty for the wide range of users to be engaged with,
including multi-purpose space. meeting rooms, keep fit and other physical attivities, up-to-date
toilets and di5abillty access. As the economy opens and lockdown ends. a part of the existing floor
area associated with the remainder of the church building used by the food bank will be available to
support the range of proposed uses with physical works limited to 'wind and weathertlghy. 'health
and safety and enabling of basic functionality of use.
After: New KIt￿￿n converted from li8ht well
Before: Ll8ht well before refurblshment.
Most excttlng.. New Kttchen transformation
The general size and form of the building follows the existing forni of the beaLrtiful Grade11 listed
strutture and all the structural repairs, roof coverings. rainwater gutters and downpipes are all
specified in accordance with best conservation practi￿. The basic structural form is not belng altered
other than the in-filling of a lightwell (which has been the Source of much dampness in the past) to
create a kitchen with servery to the main hall, improved accessibility including accessible WC facilities
and new accessible 8lazed Èntrance doors. New heatin8 and electrical services have been provided
throughout. The broken brick and stone repairs match the existing adja￿nt buildin8 elements, to
ensLAre there is no harm resultin8 from the repair intervention5.

Worshlp and Prayer
The PCC has enabled a weekday Communion Servi￿ on a Wednesday, and during the periods of
lockdown when no services could be held. morning prayer from the Office of St Margaret continued
to be said over zoom.
Deanery Synod
There are no representatives on the Deanery Synod,
Electoral Role
At present there are 3 members on the Church Electoral Roll.
The average weekly attendance, is 5.
structyrei governance and managwnert
The method of appolntment of PCC members is set out In the Church Representation Rules. At St.
Margaret's the membership of the PCC consists of the incumbent and two members appointed by
the Blshop of Southwarl Oona and Tony Emerson. Tom Stanbury is a c&opted member. The PCC
ernploys an Administrator and Caretaker.
Administratlve InforniaUon
St. Margaret's Church Is sltuated in Streatham Hill. It is part of the Diocese of Southwark wSthin the
Church of En8land. The correspondence addre55 15 Kingston Area Episcopal Office, 620 Kingston Road,
Raynes Park. London SW20 8ND. The PCC is a body corporate IPCC Powers Measure 1956, Church
Representation Rules 20201.
Flnandal revlew and resems polky
The Chariws financial resources for the period are shown in the Statement of Assets and Liabilities
on page 12.
Total donations and other income forthe period was £72.iJ)812020 was £55,753).
The carry forward Assev Fund is £31.644 (2020 was £28,896).
Unforeseen and unavoidable utilty and maintenance costs have resulted in expenditure exceeding
income. A breakdown In the heating has limited the extent to which new rental income could be
SOU8ht. An extended capital loan from the Diocese has enabled a new boiler to be installed whlch
should lead to increased revenue income for 2020. Toward5 the end of 2019 revlsed valuations for
the hall site led to increased confidence that. combined with a successful fundraising strategy, the
full costs of the planned development will be met. It 1$ 3150 planned that ongoing income from the
nursery will secure the provision of community activrcies, as envisioned.
Once the PCC'S finance returns to a steady state we expect to keep three month5 expenditure in
reserves.

Safeguardlng
A5 the building opens up to new opportunltles and possibilitles, Safeguardlng contlnues to be
revlewed re8ularly by Simon Gates and the Administrative team. in accordance with the Diocese
'A Safe church for all,.
Risks
Durlng the period, the Trustees have reviewed the general environment in which the Charity
operates to identify any serious potentlal risks and made arrangements to avoid such risks or
mitl8ate their impact. Now that the capital woks is completed, much of which is focused on
continuously updating our financial modelllng and constantly reviewing our robust business plan for
Sustainability.
io

INDEPENDENT EXAMINElfS REpoirr
ON THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
To the par￿hla1 Church Coun¢ll of 8t th• Qu••n. Str&*ham Hlll
Thi8 reFrfXt on the accounts d the PCC for the yew ended 31 December 2021, whi¢h are sel out on
pages 12 to 15, Is In reSp￿t of an examination ¢arried out under the Church Acwjnting Regulations
2006 ('the RegulatM)nsl and th8 Chariti'es Acl 2011 (Ihe Arf).
RMp•CtI￿ Mpon8lbllltl•• of th• tn*tè8• and Ind•p•ndoTrt Exwnln•r
As member5 crf the PCC you are responslble for the prep&at￿n of the accounts.. you cor*ider that
an audit is not required for th18 yew under 14q2) of the Act arKI that an Indepèndént
examlnallon Is needed.
It Is my responsibllty lo..
- examlne the a¢cfAJnts under section 145 of the 2011 Actr,
- follryw the procedures laid down in the General Droctws by the Charfty Commls8lon urKlgr
Section 1445Xb) of the 2011 Act.. and
. 8tats whether pathulw matter8 have com6 to my attenkn.
Bul• of Ind•p•nd•nt •umln•Vs r•port
My examlnatlon wa8 carrTr8d out In 8CcOrdar￿ wlth the Gorwal glven by the Charfty
Commi6sk)n. That ex8mination Includ69 a review of the a(%(MJntlr￿ rec*rds k8Pt by the PCC and a
c￿mparIs0n of the aC￿nIS wlih those r6¢¢rd8. It also Indud8S ts)nsid8r8tlon of any unusual Ilom8
or disdosures in accounts. and Seek1￿ explanations from the PCC concerning any suth
matters. The proc*dure8 undertaken do not rrfovth all the evklence that would b6 required in an
audrt, and con88querrtty I do not OXFW an audm oplnlon on tho vlthv grrfon by the ac¢ounts,
Ind•p•nd•nt •x•nln•rf• stat•m
In conrw1￿n with my examinatK)n. no rnatter has ￿ffle to my attentK)n:
(1) whth gwes me rea80nable cause lo belleve that In any material regp8cI the roqulrement8.'
to keep a(%¥￿ntIr￿a rec(¥ds in ac£xxdanc* with 8ectiw 130 of 2011 ACL. and
to wepare actounts ￿1ClI acfxxd ￿th Ihe a¢Muntlng re¢ord$ arKI whith comply wlth
the reqUirer￿nts of the 2011 as 480 ￿thIn8d in the RegulatiDns. have not been
meL' or
(21 lo whlch, In my oplnlon. attenkn Should b8 dr￿n. In order to enable a Kryer under8t8fKling of
the accounts to be rea¢hod.
S.A. L8wcrxk FCCA
WirKlsor Lodgg
Mllffiold Road
H￿nS1oW
Middlesex TW4 5PN
25th May 2022
li

ST MARGAREfTHE QUEEN
8TREATHAM HILL, LONDON SW2
STATEMENT OF K8SEfs AND
LIABILrriES
at 31 D•c•mb•r 2021
Unr•¥trlct•d R••trlot•d
Fund•
Funds
Total
Total
Totsl
Fund•
2021
Tolal
Fundg
2020
Monatsry a•••ts
Bank current 8euJunt
Bank deposlt account
CBF dep081t account
24,452
3.S95
10.869
35,121
3,595
63,289
2,512
Tclal cash
29,09)
10,6
39,719
86.784
Oth•r mon•tsry ￿8•1•
Other assets
Totsl u••ts
31.644
10.869
42,313
69,378
Llabllltl••
Sl. Margaret D8vth)ment Company Ltd
Tothl Ilabllltl•s
10.669
10.669
40AB2
N•t A•s•l81 (Llabllttl•8)
Fund balance•
At 31 Doc•mbw 2021
At 31 DoGomb•r 2020
Approved by the Pwochial Chwch c￿n(al on
25lh May 2022 end signed on ts bew by
Simon Gates
Ven Slmon Gates
P.C.C. Chair
12

8T PAARGARET THE QUEEN
STREATHAM HILL. LONDON SIY2
RECEivfs AND PAYMENTS
AccouKr
Y￿r •ndod 31 D•¢•mb•r 2021
Unr•¥¢rk￿ R•Btrl¢t•d
Funds
Fund•
Total
T¢)tal
Fund8
2021
Fund8
2020
Roc•lpt•
Voluntary Recelpts
Donations
GMt
Income from In￿SIMonts
CBF deposrt Inl8re8t
Bank Inltt88t
In¢(#ne frorn church xtfvliles
Income from hira of dKxch thall
Open Day
42.650
41
42,650
41
53,331
Other Incomé
LPOW Grant
IrourarKo daim
Sale of Pews
2,420
1,071
1.071
Tolal rK•lpts
72.008
55.753
L•B•: Tolal paym•nt• (pag• 14)
050
(Exce•• of Paym•nts ovw R•¢•lpts)
1748
1748
(297)
Add: Totsl amots at 1 January
Total a88•ts at 31 Decwnb•r
28,896
13

ST IAARGAREf THE QUEEN
STREATHAM HILL. LONDON SYf2
RECEIFfs AND PAYMEpifs ACCOUNT
Y•ar •nd•d 31 D•combw 2021
unr••trI￿ R6•trf¢t•d
Fund8
Fund8
Tot•1
Total
Funds
2021
Funds
2020
Paym•nt#
t￿lI1e8 dlreclly relatirvJ to the of lh8
Architect Fees
Clwgy expen8e8
Contract services
Insurance
MarketirvJ & Athrtt6lr¥J
Open Day
Payroll costs
Repairs and malnt6nanL
Staff tralnlng
Subscription
Telep1K￿@ I broodband
Utilities
Wag88 & S￿arles
138
4.371
4.371
315
50
7.294
9.785
43.175
Chwch management and adminl8trallon
Aco)untancy fees
Offic8 a ￿fflIn Ix)sts
Printing. ststiorffj.
and publlclty
250
250
250
T¢)tal paym•nts Itrnn•f•rr•d to pag• 13)
14

Note• to th• AGGounts
For tho y•ar endod 31 D•Gwnb•r 2021
A¢￿UntIng polklos
Fomi ol th• A¢counl•
Th8 financlal statements of PCC have been rffep¥•J uslng th& Recelpts and Payments basls in
accordance with the ChLKch Rawlatto￿ 2fA)6 and in a￿OrdanCe the current Chariti98
SORP (20151 and applicable aCcI￿n￿)g stand¥d8 for smdl enlltkns.
Funds
General funds r8pre88nl the funds of PCC that are r¥)t 8ubJocl to any rostdctlon8 regardlng
their usa. and are availat4e lor applicatlon lo the gor￿al PU￿ of Iho PCC. Fund8 de8ignatsd
for a partkular purpose by the PCC are also unre31r￿ted.
Rwtrkted fund8 are ih088 funds that must be Spent ￿ wtrlct8d purpo889 Intended by the donor.
There are no End(ywment furth held.
The accounts Indude monetwy traroackn. a88ets arKI ILgblllleB for whlch th8 PCC can be held
responsible. Tlw do rH)t indLvJe the ac1x￿nts of othw thJrch groups that affiliallon to ar#)Ih8r
body. rKf that are Inf(Th￿ gatherlngs ol church Thmbers.
Subj6ct lo the above, rtteipts and paym￿15 tr(4ude Inctsn8 88 re1xt￿l expondllure when
Irrevocably pald.
8t•t•m*rt of A*•&8 Uabllhl••
The followlng a88et8 we recognl8ed Ixrt not r*c868orily valued In the strte￿ of Assets and
Lia￿litIes.
- M¢)vable church fumi8hlngB hekl by fv ¢hLrchwardens on Speci81 trust tr tho PCC and which
rgquire 8 Faculty for dlsposd.
- L8nd and bulldirvJs held on behalf ol the PCC.
. Other ffttlngs, fulures and office equipment whern Ihe PCC Is froe to dispo8e of such a888ts
wlthout a Faculty.
- IrNe81m8nts benefKialty by the PCC.
The folovlng 888ets are re(aJgni8ed and a nK*rtsy vakje glven as wt of tho dascrybon In the
Statement of Assets arKI Llabrfities..
. Amount8 owing from the Inland Revgrth wherg a formal dalm has been made.
- Any othw amounts I￿7n9 to the PCC irKI￿1￿￿ cFMJrth hall lettlros and insurarTh claims.
. Legacles whwe fornial n0t1frAtK￿ (rf entiu￿1 and amount has been r￿pIed at 31 08￿mber
by tho PCC.
Closing bank balarKes *E sFMr*m In the R￿eIpts Payments Acc¥Jurrt.
The follcvthng liabililies are recogrw8ed in the Slatement of A58ets and Liabilltlgs:
. Grants ￿Ned in respect irf St. Maryaret DeVdoWn￿l Company Lld
- Any arrears of Diocesan Parlsh Shwe.
- Amounts o￿ng lo the HMRC.
. Credltors for ￿K)d8 arKI swvices where suwy has beon r•xlv8d invol¢ed by 31 December
15