Finance Score: -4

Governance Score: 6

Support Score: 6

Low unrestricted reserves: -2
Deficit on unrestricted reserves: -2
Accounts filed more than 5 days late: -2 times
Strong growth: +2

Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +6

Overall GiG Score: 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. MARGARET, HOLLINWOOD & S. CHAD, LIMESIDE

Church of England Parish with a wide mission to the people of The Parish, and wider community

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
There was a deficit on unrestricted reserves of £8,336 at the last year end after deducting the value of own use assets
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	*	£553	£467	£85	£0	£398	£-8	-0.2	1	80
31/12/21		£475	£450	£25	n/a	n/a	n/a	n/a	n/a	n/a
31/12/20		£583	£442	£141	£0	£287	£-10	-0.3	0	90
31/12/19		£288	£312	£-24	n/a	n/a	n/a	n/a	n/a	n/a
31/12/18	*	£350	£354	£-4	n/a	n/a	n/a	n/a	n/a	n/a
31/12/17		£229	£189	£41	n/a	n/a	n/a	n/a	n/a	n/a
31/12/16		£163	£149	£14	n/a	n/a	n/a	n/a	n/a	n/a
31/12/15		£309	£306	£4	n/a	n/a	n/a	n/a	n/a	n/a
31/12/14		£276	£199	£78	n/a	n/a	n/a	n/a	n/a	n/a
31/12/13		£162	£136	£26	n/a	n/a	n/a	n/a	n/a	n/a
31/12/12		£220	£258	£-38	n/a	n/a	n/a	n/a	n/a	n/a
31/12/11		£188	£253	£-65	n/a	n/a	n/a	n/a	n/a	n/a
31/12/10		£160	£94	£66	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 12%
Liabilities/Income: 10%
Unrestricted Funds/Total Funds: -2%
Reserves/Spending: -0.2 months
Net Current Assets/Spending: 10 months
Quick Ratio: 4.9

Asset Split ?

Balance Sheet History

Established: 15 years

www.magsnchads.org.uk

BARRYDAINTY1@GMAIL.COM

01616828019

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Education/Training
General Charitable Purposes
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Christian congregations

How it operates

Makes grants to organisations
Provides buildings/facilities/open space
Provides services

Where it operates

Oldham,

Who it helps

The General Public/Mankind

Who supports 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
Forever Manchester - Oldham Foodbank
£5,000	16/03/2023	foodbank located in Oldham
The Trussell Trust - Grant to Oldham Foodbank
£15,000	23/02/2023	Winter Support Grant
The Trussell Trust - Grant to Oldham Foodbank
£5,000	12/10/2022	Emergency grant
Forever Manchester - Oldham Foodbank
£7,250	28/04/2021	Staff costs to run the foodbank
Forever Manchester - Oldham Foodbank
£20,000	25/09/2020	Costs for signposting service and associated items
Forever Manchester - Oldham Foodbank Crisis Support
£10,000	07/05/2020	Foodbank supporting others across the borough
The Trussell Trust - Grant to Oldham Foodbank
£5,500	22/04/2020	Coronavirus Emergency Grant
National Churches Trust - Repair award to HOLLINWOOD, St Margaret of Antioch
£7,000	01/11/2017	Repairs to the roof and roof structure above the nave and south aisle
National Lottery Heritage Fund - Grant to Church of S Margaret of Antioch, Hollinwood and S Chad, Limeside
£215,000	09/06/2016	Oldham: St Margaret of Antioch, Hollinwood

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

AMANDA CARR Appointed: 2024

BARRY DAINTY Appointed: 2023

DENISE MCCOY Appointed: 2023

IAN MCCOY Appointed: 2024

KIRSTY HAUGH Appointed: 2024

MARIE BARTON Appointed: 2024

NORMAN HORRIDGE Appointed: 2024

REV THOMAS HENRY DAVIS (Chair) Appointed: 2019

SYLVIA ELIZABETH DEMPSTER Appointed: 2024

Legal constitution

Charity registered in England & Wales on 05/02/2010, number: 1134150

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

13 returns made; AR22: 226 days late, AR18: 129 days late,

Main office

Flat 8
Montgomery House
Hawthorn Road
Oldham
OL8 3QG

Objectives

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

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL.