Finance Score: -3

Governance Score: -4

Support Score: 3

Strong growth: +2
Multiple Deficits and declines: -5
No PartB

12+ Trustees: -1
All male board: -3

Grant maker support: +3

Overall GiG Score: -4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MAGNUS THE MARTYR WITH ST MARGARET NEW FISH STREET AND ST MICHAEL CROOKED LANE, LONDON

Such functions as are specified in the Parochial Church Councils (Powers) Measure, including co-operation with the incumbent in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are 14 trustees whereas the Charities Commission recommends a maximum of 12
The Board is completely male

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22	£196	£271	£-76	n/a	n/a	n/a	n/a	n/a
31/12/21	£313	£343	£-30	n/a	n/a	n/a	n/a	n/a
31/12/20	£250	£120	£129	n/a	n/a	n/a	n/a	n/a
31/12/19	£147	£152	£-6	n/a	n/a	n/a	n/a	n/a
31/12/18	£150	£167	£-17	£0	£0	£0	n/a	0
31/12/17	£142	£180	£-38	£0	£0	£0	n/a	0
31/12/16	£125	£142	£-17	£0	£0	£0	n/a	0
31/12/15	£137	£163	£-26	£0	£0	£0	n/a	0
31/12/14	£143	£143	£0	£0	£0	£0	n/a	0
31/12/13	£139	£121	£18	£0	£0	£0	n/a	0
31/12/12	£125	£131	£-6	£0	£0	£0	n/a	0
31/12/11	£150	£135	£15	£0	£0	£0	n/a	0
31/12/10	£140	£121	£19	£0	£0	£0	n/a	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 15 years

www.stmagnusmartyr.org.uk

rector@stmagnusmartyr.org.uk

0207 626 4481

Charity Commission for England and Wales

Listed activities

Religious Activities

GiG Classification

Christian congregations

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space
Provides services

Where it operates

City Of London,

Who it helps

The General Public/Mankind

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
DCMS - CRF20:PCC St Magnus the Martyr
£230,000	14/10/2020	Culture Recovery Fund for Heritage 2020-21

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (14)

Current Trustees appointed

Gender Split

Based on 13/14 persons

ASHIKA MATHEWS Appointed: 2017

ALAN DAVID COLAM Appointed: 2019

ALEXANDER EDWARD RAYNER Appointed: 2017

CRAIG SELBY HARRIS-FRYERS

MATTHEW KING Appointed: 2022

NIALL CHRISTOPHER BIRD Appointed: 2020

DICKON RUTHERFORD LOVE, Other trusteeships: THE SHARPE TRUST, THE SHARPE COLLECTION TRUST, THE ANCIENT SOCIETY OF COLLEGE YOUTHS BELL RESTORATION FUND, ST MAGNUS THE MARTYR BELLS FUND, ST DUNSTAN-IN-THE-WEST BELLS FUND,

EDWARD NORMAN WATSON HAGGER Appointed: 2011, Other trusteeship: ST MICHAEL'S TRUST,

JASON SCOTT GROVES Appointed: 2011, Other trusteeships: THE FRIENDS OF CATHEDRAL MUSIC, ST MICHAEL'S TRUST, CATHEDRAL MUSIC TRUST,

MICHAEL VAUGHAN COOPER, Other trusteeships: ST MICHAEL'S TRUST, THE CLEAVER ORDINATION CANDIDATES FUND, The Plumbers Charity, THE CITY OF LONDON BRIDGE WARD CLUB NORWEGIAN BUSINESS SCHOLARS TRUST,

PROFESSOR FRANK KEATING Appointed: 2020, Other trusteeship: STRAND PARISHES TRUST,

RICHARD JAMES AUSTEN MBE Appointed: 2019, Other trusteeship: ANGLO LATIN AMERICAN FOUNDATION,

THE REVEREND JOHN PHILIP WARNER (Chair), Other trusteeships: ST MICHAEL'S TRUST, ST MAGNUS THE MARTYR BELLS FUND,

DAVID PEARSON Appointed: 2013, Occupation: Consultant, Other trusteeship: EAST LONDON OUT PROJECT,

Legal constitution

Charity registered in England & Wales on 17/07/2009, number: 1130590

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

13 returns made; all on time

Main office

ST. MAGNUS THE MARTYR CHURCH
LOWER THAMES STREET
LONDON
EC3R 6DN

Objectives

Promoting in the ecclesiastical parish the whole mission of the Church.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL

Data Sources