It was abolished in 1930, however residents of the former parish receive a rebate against local taxation because of the presence of Borough Market.

The corporation was established by act of parliament in 1541, replacing the Guild of the Assumption of St Margaret's Church.

[5] To the north the parish had a long boundary fronting the River Thames and the City of London.

Half of the current site of Guy's Hospital was within the parish, with Great Maze Pond broadly marking the boundary with St Olave.

Parts of what is now Newcomen Street, Little Dorrit Court and Southwark Bridge Road broadly marked the irregular southern boundary with St George the Martyr parish.