REGISTERED CHARITY NUMBER.. 1196983
REPORT OF THE TRUSTEE5 AND
UMAUDIYED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
ST MARGARET'S CHURCH. IEICESTER
TC Group
31 High Wiew Close
Hamimon Office Park
Leicester
Leice51ershire
LE4 9LJ

ST MARGAREf's CHVRCH. LEICESTER
CONTENTS OF THE FIMANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Reptyl ol Ihe Trustws
Independent Exomlnef$ Report
stal•m•nt of Flnonclal A¢ll¥lMes
Balance Sheet
Notes to the Flnanclal Slolements
6 10 12
Detalled Slotemenl ol Hrbanclal Actlvllles
13 10 14

ST MARGARET'S CHURCH. LEICESTER
REPORT OF THE IRVSTEES
FOIt ThE YEAR ENDED 31 DECEMBER2024
Ihe Irv51ees PTe5ent th8ir report with the financial 51olemenf5 of the chorfty for the yeor ended
31 December 2024. The Iru51ee5 have adoptèd the provisions of Accounting and Reporting by Charllles:
stolemenl of Recommended Practice applicoble lo charities preparing their accovnts in accoTdance with
the Finonciol Reportin9 Slandord opplieable in the UK and Repvblic of Irelond IFRS 1021 (effective l Janvary
20191.
FINANCIAL REVIEW
Revlew ol the yeor
Church oclivify throughout 2024 continued 0$ normol with weekly Sunday Svng EuchorS5l ond Wednesday said
Communion Services. together with monlhty Sa*urday collèe momings. In oddilion, the Church remalned
open for heriloge visi15 011 day Wednesday.
The mon Sourc￿ ol income were Sunday service collections. planned-givlng, ond tox refunded on
covencnled donotions. Tris income was supplemented by car porking lees and renl from Chvrch House, the
Church ond Hall. Other fund raising remoined al Ihe some ￿ve1 os 2023 and inclvded the monlhly coffee
momings and after s&rvice rèfreshments.
No beqvesls or grants were received in 2024 ollhough 0 Significant omounl in reclaiméd VAT wos received
from the Listed Places ol Worship scheme. Income from investments remained ol the some level a5 2023.
Mojor items of expendilure Included our P¢yish Contribution, which wo5 incr8¢xed by IO% on 2023. Lighl, Heot
onol Powei c05f5 were slithlly r¢dvced from th& previovs year. Necessory repairs lo the Chvrch and organ
were made as required. In addition. o Conservation Management Plan wos prep(Ked by an ovlside
consultant
During the year the PCC organi5ed 'Ride & Stiide, ond Heritage Open Doys. Iwch for the Polronal festival and
a 'care and share, Ivnch for Horvesl festival. The PCC also supported the Open Hond5 Trvsl Charity, the Church
Mission Society. benche5 lor Kitelo.Tanzania. the Church ol Engbnd Children's Society, Lord Mayorfs Appeol,
Bilhop's Lent Appeal and Christian Aid. In oddilion, Ihe PCC 5UPPOrted Leicester Hi5tori¢ Chvrches Trv51 wth an
event in their 60th AnThversary y80r.
STRUCTURE, GOVERNANCE AND IAANAGEMENr
Goveinln9 document
The chaiity is conlrolled by ils goveming documenl. a deed ol trust and constilules on unincorporated charity-
Charty namè
The Porochiol Church Council ol the Ecclesiastical Parish of the Abbey. Leicester. Known 0$ Sl MargareY5
Church Le￿eSter.
r¢EFERENCE AND ADMINISTRATIVE DETAILS
R•glsl*red Chovlty nvmber
1196983
Prlnclpal address
58 Park View
Shomlord
Hinckley
Leicestershire
LE103PI
Page I

ST MARGAREfs CHURCH. LEICESTER
REPORT OF THE TRUSTEE5
FOR THE YEAR ENDED 31 OECEMBER 2024
Iwslees
S Franklin (resigned 28.4.241
Mrs M Gillespie
Mrs C N Fonklin
Mrs M 8elcher Ire5igned 26.10.241
J Slor5more
C J Newman
Mrs K B Harpin (resigned 28.4.241
RevCononDr N J Rooms
Mrs M A Freer lappoinled 28.4.241
Independenl Exomlner
TC Group
31 High Viewcbse
Homilton Office Park
LeicesleT
Leicoslershire
LE4 9U
Approved by order of the board ol Iruslees on 7 AFXII 2025 and signed on its behalf by..
Mrs M Gille5pie- Trvslee
Poge 2

INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF
ST MARGARW5 CHURCH. LEICESTER
Independent exominerfs report b the I￿￿teel ol Sl Maigaid's Church. L•k•ster
I report lo the chorfty trustees on my exarrwnalion ol the occovn15 of Sl Margaiel'5 Church. Leicester (the Tn)sll
for the year ended 31 December 2024.
Re$ponslbNIHes and bash ol r•port
A5 the charity Iruslees of the Trust you cye responsible lor the preporolion of the occounls In accordance wilh
the requirements of the Chorilies Act 2011 I'lhe A¢l'l.
I report in respect of my examination ol the Trust's accounts CO￿led oul vnder SectK)n 145 of the Act and in
corrying out my examination I have followed oll opplicoble Direclions given by the Charity Commission vnder
Secfion 14515llbl ol the Act.
Indepèndent exumSn•rfs stat•m•nl
I hove completed my examination. I confim Ihal no material mallers hove come to my ollenlion in
conneclion with the examination giving me cause to belièvè that in ony moterial respect..
accounting records were not kepl in respect of the Trust as required by 58clion 130 of the Aet- or
the a¢coun15 do not accord with those records.. or
the (Kcounls do not comply with the applicoble Tequiremenls concemin9 the lorm oncj content of
oceovn15 set oul in the Chorities (Accoun15 and Reports) Regulations 2008 other thon ony reqviremenl
Ihol the occounts give o true and fair view which 15 not o molter considered as part of an independent
exorywnotion.
I have no concèms ond hovg come across no other mallers in connecllon with the examination lo which
otlention should be drcwn in this rèport in order lo encknle a proper understanding of the occovnls lo be
reached.
Jordon Denr45 ACA
TC Group
31 High View C105e
Hamilton Office Park
Leicester
Leicestershire
LE4 gLJ
7 April 2025
Poge 3

ST MARGAREfs CHUItCH, LMCEsfER
STATEMENT OP FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Tolol
hjnds
2023
Tolol
funds
Unrestricled
lund5
Restricted
lund5
Notes
INCOME AND ENDOWMENTS FROM
Donalions and ￿0cleS
20.668
20,667
33,772
Investment income
Other income
16.473
223
1.017
17,490
17,817
32,924
Total
37.364
1,016
38.380
84.513
EXPENDITURE ON
Charltable actSvNles
Charilable Acllvities
S8,067
58.067
92.708
Nel goins on invgslmgnts
3.657
3,￿7
12.557
NEf INCOMEI{EXPENDITURE)
Tion$fers behveen f¥nds
117.0461
3,089
1.016
13,0891
116,0301
4,362
Nel ffKwement In fvnds
113,9571
12.0731
116,0301
4,362
RE¢ONCILIAnoN OF FVNDS
Total lund5 brought f¢Jward
163,392
19,365
182,757
178,39S
TOTAL FVNDS CARRIED FORYIARD
14?,435
17,292
166.727
182,757
Ihe not8$ fomi port of these financial stolements
Poge 4

ST MARGAREfs CHURCH, LEICESTER
BALANCE SHEET
31 DECEMBER 2024
2024
Total
funt*
23
Total
funds
Unrestrided
funds
Rèstricted
lund5
Notes
FIXED ASSErs
Investmenls
142.986
142,986
147.329
CURRENT ASSEIS
Debtors
Cosh ot bonk
4.941
5.668
4,941
22,960
11,455
28.128
17.292
10,609
17,292
27.901
39,583
CREDITORS
Amounts falling due wlhin ¢)ne year
14,1601
14,1601
14,1551
NET CURRENT ASSETS
6,449
17,292
23.741
35,428
TOTAL ASSETS IESS CURRENT LIABIUTIES
149.435
17.292
166,727
182.757
NET ASSETS
149.435
17.292
166,727
182,757
FUNDS
Unrestricted funds
Roslricled fvnds
149.435
17.292
163.392
19,365
TOTAL FUNDS
166.727
182,7S7
The financial slolemenls were approved by the 8ocYd of Trvslees and oulhorised lor issve on 7 Apnl 2025 cnd
were signed on its beholf by..
M Gillespie- Trustee
The notes form p¢Jrt of these financial sfolements
Page 5

SI AIARGARET'S CHURCH. LEICESTER
NOTES TO THE HNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POUCIES
Basls ol preparfng the flnanclal stalements
Ihe financial slalemenls ol the charity, which is a public b8nelit entity under FR5 102, h(we been
prepaTed iri occordance with the Charities SORP IFRS 1021 'Aeeounling and Reporting by Charities..
Slalemenl of Recommended Proclic& opplicable to charities preparing their accounts in occordonce
th Ihe Finonciol Reporfing Slandard applicable in the UK ond Repvbtic of Ireland IFR5 1 D21 leffeclive
l Januory 20191,, Flnoncial Reporting Standord 102 Ihe Financid Reporting Standard appficable in the
UK ond Republic of Irelond, ond the Chorities Act 2011. The financial statements hove been prepared
vnder the historical cost convention, wlh the exception of inveslmenls whlch are Included ot market
value. os modiffed by the revaluolion ol certcin ossets.
Income
Legocies ore aeeovnted lor a5 soon os the PCC i% nolilied of 115 legal entillemenl and the amount is
quanlifi01￿e and its vllimole receipt by the PCC 15 considered reasonabty certain.
Gr(nls and donalior)s are included in the SOFA when any preconLlilions preventing their use by the
PCC have been met. For collections and plomed gwing thi5 15 when the funds are received.
Income tox recoverable on Gifl Aid is recognis8d al the some time os the income.
Donated assets are occounled for 0$ soon 05 they are received ond are incfwjed n the occ¢un15 al a
reasonoble &slimafg of their value.
Funds raised by fétes ond other soclal events are occounled for gross.
Rental Income from Ihe letting of church prop8rties is recognised when Ihe rental is clue.
Dividends are accounled for when declared receivabfe. interest as and Mlien occrved by th6 payer.
The PCC receive5 svbslanlial praclicol asslstonce from individual church membe￿, but the finonciol
value is mainty unquanlifioble ond no oltempt 15 made lo rellecf this in the occounls.
Expendllure
Liabililies are recogni5ed cs expenditure os soon 0$ there 15 a ￿gOI or conslruclive obligation
committing the charity to that expenditure. il is probable that a Iransler of economic benefits will be
reqvired in selllemenl and the omovnl of the obligation can be meosured refiobly. Expenditure is
occounled for on an accrva15 basis and has been ckjssilied under heodings that aggregate all cost
lotecl to the colegory. Where costs conn¢t b& dIreC￿Y attributed lo particular heodings they hove
been ollocaled to activitie5 on o bosis conslslenl wlh the use of resources.
Gronls ollered subject 1¢ conditions which have not been mel ol the yeor end dote are noted as o
commilmenl bvt not accrued as expenditure.
Tax0￿0￿
Tre charity is exempl from lax on its charitable oclivilies.
Fund ¢¢¢ounlln9
Unreslricled funds can be used in accordance wilh the Charitab￿ objectives ol the discrellon of the
trv51ees.
R$slricled funds con only be used for particular restricted pw)oses withfjn the objec15 of the charity.
Restricllons orise when specified by the donor or when fvnds ale Tai5ed for particular restr¢cted
purp05e5.
Further explanation of the noture ond purpose of each fund is included in th& notès lo the financial
slotemenls.
Poge 6
contirKJ&d...

ST MARGARET'S CHURCH, LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
INVESTAIENT INCOME
2ff24
2023
Rents receNed
Inveslmenl income
10,778
6,712
I1.￿5
6.012
17.490
17,817
TrVSTEES' REMUNERATION AND BENEFITS
There were no Iruslees, remuneration or other benefrt5 for Ihe year ended 31 Decer¥￿er 2024 nor lor the
yeor ended 31 December 2023.
Tntstees, expenses
There were no trvslee5' expenses paid lor the yéar &ndad 31 December 2024 nor for the year ended
31 December 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivifiES
Unreslricled
ftJn4s
R8slrict&d
fun¢Ys
Totol
bJnd5
INCOME AND ENDOWMENTS FROM
Donations and legaci8S
33.772
33,772
Inveslrnent income
Other income
698
17.817
32,924
32.924
Total
83.815
698
84,513
EXPENDITURE ON
Choriloble tsctNilies
Charitable Activitie5
92.708
92,708
Nel galns on inve51menls
12,557
12.557
NET INCOME
Translers befvieen Ivnds
3.664
8,221
698
18.221
4,362
Nèt mov•m•nt In lunds
17.5231
4.362
RECONCILIATKIN OF FUNDS
Tolol funds brought forwc¥d
ISI.507
26,888
178.395
TOTAL FUNDS CARRIED FORWARD
163,392
19,365
182.757
Poge 7
continued...

ST MARGAREfs CHURCH. LEICESTER
NOTES TO THE HNANCIAL STATEMENTS - ¢onlknu•d
FOR THE YEAR ENDED 310ECEMBER 2024
FIXED ASSEI INVESTMENTS
Unfisled
inveslment5
l•lARKET VALUE
Al l January 2024
Disposals
Revdvations
147,329
18,WOI
3,657
Al 31 December 2024
142.986
NEI BOOK VALUE
Al 31 De¢ember 2024
142,986
At 31 December 2023
147229
There were no investment assets outside the UK.
Cost or voluolion 0131 December 2024 is represenled by.
Unlisled
invèslmenls
Valuation in 2020
Volualion in 2021
Valuation in 2022
Valuation in 2023
Voluolion in 2024
Cost
10.275
16,664
118.9531
12.556
3,￿/
118,787
142,986
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
oth8r debtors
4,941
11,455
Page 8
continued...

ST MARGAREfs CHURCH. IEICESTER
NOTES TO THE FINANCIAI STATEMENTS - eonllnued
FOR THE YEAR ENDED 31 DECEMBER 2024
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
other crecfftor5
4.160
4,155
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
Al
31.12.24
Al 1.1.24
Unrestrtcled funth
Offertory occovnl
Chuch Hovse
Sarson Bequest
Boultei Bequesl
13.448
1128231
4,648
11.5591
5,273
1,176
127,634
15,352
132.427
14.902
14.7931
450
163,392
117,0461
3.089
149.435
R•shlcled fvnds
Reslorotion fund
Belringers Resloralion
Organ Fund
6.593
1.947
10,825
6,957
2.385
7,950
332
13.4211
546
19.365
1.016
13.0891
17,292
TOTAL FVNDS
182,757
116.0301
166.727
Nel movement in funds. included in the above ore as follows..
Incoming
resoLJrces
Resovrces
expended
Goins and
losses
Movement
in funds
Unreslrlcted ￿ndS
Offertory account
Church House
Sarson 8equesl
Boulter Bequest
37.244
120
158,0671
8,WO
112,8231
120
14.7931
450
14,7931
450
37.364
158,0671
3.657
117,0461
R•slrfctod funds
Restoration fvjnd
Bellringers Re￿￿OI10n
0[g(￿ Fund
364
106
546
364
106
546
1,016
1.016
TOTAL FUNDS
38,380
158,0671
3,657
116,0301
Page 9
conlinued...

ST MARGAREfs CHURCH. LEICESTER
NOTES TO THE FINANCIAL STATEMENfS- contlnu•d
FOR THE YEAR ENDED 31 DECEMBER 2024
MOVEMENT IN FUNDS- continued
comp￿a￿ve$ l¢x mov•menl In lunds
Net
movement
in funds
Tronsfers
be*Neen
funds
Al
31.12.23
At 1.1.23
Urnwlrfct•d fvnds
Offertory account
Church House
Scwson Beqvest
BO￿ter Beqvest
9.201
2,534
125,658
14,114
18.9741
81
11,769
788
8,221
8,448
2,615
137,427
14.902
151.507
3,664
8.221
163.392
R•strlcttd Ivnds
Restoration fund
Belkingers Resl4YOt*?n
Organ Fvncl
6,376
1,565
18,947
217
53
428
6.593
1,947
10,825
329
18,5501
26,888
698
18.2211
19.365
TOTAL FUNDS
178,395
4,362
182.757
Comporative nel movement in funds, included in the obove cxe as follow5..
Incoming
resovrces
Resources
expended
Goins o
losses
Movement
in funds
Unreslrlcted Ivnds
Offertory occount
Church House
so￿on Bequosl
Bovlter Beqvesl
83.734
81
192,708
18,9741
11,769
788
11.769
83,81 S
192,7081
12557
3.664
R•slrl¢l•d lunds
Restoration fund
Bellringers Resloralion
Orgon Fund
217
53
428
217
428
698
698
TOTAL FUNDS
84.513
192.7081
12,557
4.362
Page IQ
conlinued...

ST MARGAREfs CHURCH. LEICESTER
NOIES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
MOVEM&IT IN FUNDS- conlwived
A current year12 montt)s ond yior yeor 12 month5 Cornbined p05ilion 15 a5 follow5;
Nel
movement
in funds
Transfer5
behveen
funds
At
31.12.24
At 1.1.23
Unr•slrf¢l*d Ivnds
Offertory occovnt
Church House
Sarson Bequest
Bovlter Bequesl
9,201
2.534
125,658
14.114
121,7971
201
6.976
1.238
12,869
11,5591
273
1,176
132,634
15.352
151,507
113,3821
11.310
149,435
Reslricled Imds
Reslorolion fund
Bellringers Restoration
Organ Fund
6.376
1,565
18.947
6,957
2,3
7,950
159
974
661
26.888
1.714
17.292
TOTAL FUNDS
178.395
111,6681
166,727
A current yeoT 12 months and prior year 12 months combined nel movemenl in funds, included in the
above are as follows..
Incorr4ng
resources
Resources
expended
Gains and
105ses
Movement
in fund5
Unreslrlclod fvnds
Offertory account
Church House
Sorson Bequesl
Bouller 8equest
120.978
1150,7751
8,OC
121.7971
6.976
1.238
6,976
121,179
1150,7751
16,214
113,3821
Rèstrlcted Ivnds
Restorotion Ivnd
Bellringers Resloralion
Organ Fund
159
974
159
974
1.714
1.714
TOTAL FUNDS
122.893
1150.7751
16.214
111,6681
Pagell
continued...

ST MARGAREI'S CHURCH, LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - contlnu
FOR THE YEAR ENDED 310ECEMBER 2024
RELAIED PARIY DISCLOSURES
Ihere were no related party Ironsa¢lions for the year ended 31 December 2024.
Poge 12

ST MARGARET'S CHURCH. LEICESTER
DETAILED STATEAIENY OF FINANCIAL AcllvmES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME AND ENDOWMENTS
Dona15on3 and legacies
Collections and lees
Donations
Gift aid
Grants received
other fundraising events
Donation re weddings
10.774
1,471
2.985
502
4.935
9,294
15.867
2,933
5.528
20,667
33.772
Inv•slmènt Income
Rent5 received
Inveslmenl income
10,778
6.712
6,012
17.490
17.817
Olh•r Incom•
Frederick WiddOwsc￿ Fund
Re￿nd of VAT on repairs
Sundry income
25,CKX)
7,151
773
223
223
32,924
Tolal Incomlng r•sowces
84.513
EXPENDifuRE
Charilable octfvllles
Parish share
Light and heol
Repoirs- Church & hall
Sundrie5
Prie5t5' expenses
Repairs- organ
Architect's tees
Leiceslef Board of Finance
Mis5ion5 and Relief Agencies
16,500
12,335
7.640
2,248
I s.000
14.068
42.384
1.712
4,412
8,385
130
1,907
9,831
4,760
1.648
S4.605
89,467
$￿POrt Costs
Management
Telephone
Prinling and 51ationery
62
906
493
968
561
Gov•monco ¢ost$
Acco(Jnton¢y and legal fee5
2,494
2.680
This poge does not form Ptytr of *he 51alulory financial slolemenls
Page 13

ST MARGARETS CHURCH. iEICESTER
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Tolol resources expended
58,067
92,708
•xp•nd#ure bef¢re goins ond10$5e5
119,6871
18.1951
Unreallsed golns/(losw$) Qn Inv•thn•nts
Unredised goins/lbssesl on lixed a55el
investments
3.657
12,557
Nel (expendIlu￿)jlnc0rne
116,0301
4,362
This page doe5 not form port of Ihe stolvlory finonciol slolemenls
Page 14