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Sheffield St. Mark Broomhill
(Registered charity number 1128758)
Financial Statements
of the Parochial Church Council of The Ecclesiastical Parish of St Mark’s Broomhill, Sheffield for the year ended 31 December 2025
Incumbent:
Vacancy between January 2024 & February 2025 Revd Dr Beth Keith (from February 2025)
Honorary Treasurer:
Mr David Armstrong
Bank:
HSBC Bank plc Sheffield
Independent Examiner:
Julie Holderness
Nuvo Accountancy Limited Chartered Certified Accountants
v4.1
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Final v4.1
Sheffield St Mark Broomhill
Annual Financial Report of the Parochial Church Council for the year ended 31 December 2025
Administrative information
St Mark’s Church is situated in Broomhill, Sheffield, next to the Royal Hallamshire Hospital. It is part of the Diocese of Sheffield within the Church of England. The correspondence address is the Vicarage, 4 St Mark’s Crescent, Sheffield S10 2SG.
St Mark’s Parochial Church Council (“PCC”) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and is a Registered Charity (no. 1128758). Members of the PCC are either ex officio, elected by the Annual Parochial Church Meeting (“APCM”) or co-opted. The last APCM was on 27th April 2025, the next APCM is on 26th April 2026. PCC members who have served at any time during 2025 until the date of this report are:
Clergy Incumbent: Liberal Theologian Assist. Priest (Pastoral Care) Assist. Priest (Theologian) Revd Dr Beth Keith (from Feb) Revd Dr Beth Keith (till Jan) Revd Shan Rush Rev Dr Ian Wallis (from June) Wardens: James Oliver (to April) Dilys Noble Representatives on the Deanery & Diocesan Synods: Representatives on the Deanery Synod: David Armstrong James Morgan Chris Ware Robyn Vesey Readers Anne Padget Jonathan Williamson Elected members: 2025 PCC 2024 PCC Amanda Pilkington Boyd Morgan (till May) Jane Padget Nana Nyarko Jane Padget Nana Nyarko Joy Straits Briony Tayler Joy Straits Briony Tayler Rachel Heginbotham Bekah Hampson (secretary) Rachel Heginbotham Bek Hampson Boyd Morgan Katherine Tattersall Katherine Tattershall Martin Godley Mike Hunt Amanda Pilkington Frances Gray Martin Godley Frances Gray Co-opted Margaret Ainger (from May)
Structure, governance and management
The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
Objectives and activities
The PCC has the responsibility of cooperating with the Incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including how the funds of the PCC are to be spent
The PCC also operates through a number of committees that meet between full meetings of the PCC. These are: Standing (with the power to transact the business of the PCC between its meetings, subject to any directions given by the PCC), Finance and Fabric, Faith and Justice - currently operating as Home & International Donations and Environment, Communications, Children, Young People and Students (CHYPS), Pastoral and Hospitality, Study & Learning, Worship.
Church Attendance
As reported at the last APCM there were 128 on the Church Electoral Roll. Details of changes in the Roll will be notified at the next APCM.
The average Sunday attendance at services in October 2025 was 156 (133). This number increased significantly at festivals.
Review of the year
The report on the activity of the PCC during the year together with reports from the clergy, wardens, the above mentioned PCC committees and other groups within the Church are given in the Annual Report for the year, published separately to this Annual Financial Report.
Payments to PCC members, persons closely related them or other related parties
No PCC members received payments from the PCC other than for expenses. Details of the expenses paid to the Vicar and Assistant Priests are shown in notes 5(d).
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Sheffield St Mark Broomhill
Annual Financial Report of the Parochial Church Council for the year ended 31 December 2025
Reserves
Available Cash Reserves
£51,359 (2024 £57,138)
Available general cash reserves at 31 December 2025 are shown above (with last years figure for comparison). The PCC has a policy to maintain sufficient general reserves to cover at least three month’s unrestricted payments (c£30,000).
It is the PCC’s policy to invest deposit fund balances with HSBC (current or deposit accounts) or the CCLA Church of England Deposit Fund.
Investments
Total Investments
£495,874 (2024 £504,538)
Total investments as at 31 December are shown above (with last years figure for comparison).
All Investments are held with CCLA. Dividends provide income either directly to the general fund or to fabric reserves/deposit accouints. These investments are held for the income they generate rather than the capital value. This value is expected to fluctuate over time. Social Investments are also held with Sheffield Credit Union. These do not generate significant financial returns The Investment Analysis section gives more details
Legacies
During 2025 we received the following legacies. These are included in section 4d in the main accounts.
From the late Geraldine Davies-Jones £1,000
This legacy was unconditional as to its use and has been placed in the Designated Fund, general reserves whilst the PCC considers how it should be utilised.
Fixed Assets During 2025 funds were spent on a number of items that are classified as fixed assets and are depreciated over time. These were:
Building, Property and Organ Improvements Infrared heating £28,431 Boundary wall stabilisation £4,380 Lounge and Upper Room triple glazing units £3,032 Fixtures, Fittings and Equipment Practice organ for organ scholar £2,499 TOTAL £38,342
Financial Review (from the 2025 Financial Statements)
During 2025 across all funds income and expenditure just about balanced. However looking at the funds individually there was a surplus on the general fund and deficits on the other three. The surplus on the general fund was largely down to the post of Liberal Theologian being vacant.
The deficits were caused by a combination of reduction in the value of investmenrts and significant capital expenditure.
It is expected that the value of investments will fluctuate so the drop in value was not unexpected and has no immediate impact,
The capital expenditure was mainly on replacing the heating in the upper room and work to prevent part of the wall round the Green from collapsing.
Room bookings continue to grow and generate additional income increasing by 30% to just over £18,500.
The grant of £6,000 received from the Church Burgesses Educational Foundation helped to fund the Family Worker role allowing funds to be used elsewhere.
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St Mark's PCC Accounts For the year ended 31 December 2025 Budget Compare - GENERAL FUND ONLY
Final v4.1
Income
Expenditure
| Planned giving PGS Income Tax recovered PGS Planned giving Other Cash Donations Web donations Wall box Card donations Sundry Donations Income Tax recovered Other Conference donations Car park Church and Room Hire Income from investments Home from Home income Solar panel income Fees TOTAL International donations Home donations Diocesan Common Fund Vicarage water charges Vicarage gas & electricity Conference Expenditure Vicars expenses Liberal Theologian - expenses Liberal Theologian - house rent Liberal Theologian - council tax Liberal Theologian - stipend etc Water / Sewage and alarm maintenance Additional admin support Assistant Priest Expenses Visiting clergy and speakers Family work resources and activities Lay training and visits Student and Young Adult work Church conference/Parish weekend Gas Electricity Church Water Church repairs and maintenance Planned repairs and maintenance Lift Maintenance Burglar Alarm maintenance PAT Testing Fire Alarm maintenance Boiler maintenance Fire extinguisher maintenance Grounds Gardening services Cleaning Materials Post & Printing Printing / Copyright Licences Copier Church phone and broadband IT Support Waste collection Insurance Cleaner Caretaker Family Worker Administrator Services Director of Music Organ / Piano Tuning and Repair Family worker expenses Music Expenses Visiting organists Children's choir expenses Sanctuary expenses Caretaking for events Library books Accounting Costs Sundry expenses Gifts and Presentations Refreshments Bank and card charges Payroll Bureau Charges Home from Home expenses Depreciation on fixed assets |
2025 Budget 2025 Actual 110,000 124,667 27,300 28,411 35,000 29,632 400 381 800 370 1,100 1,058 3,500 1,818 5,000 6,025 9,300 6,300 - 525 12,500 12,728 15,000 18,507 10,500 11,198 5,796 5,796 3,800 6,238 1,500 2,702 241,496 256,356 9,100 8,100 9,100 9,100 75,000 75,000 920 1,174 226 - 377 2,400 1,334 - - 5,350 - 2,830 - - - 1,000 - 3,000 - 420 427 200 - 1,000 945 500 236 250 - - - 2,100 1,408 15,440 11,249 1,200 836 3,090 7,781 11,000 - 880 240 190 185 210 - 530 472 140 65 350 163 1,878 1,430 1,296 940 1,204 1,220 1,475 920 799 950 960 1,000 826 530 664 420 423 6,450 6,444 8,400 7,914 9,600 9,601 19,900 13,948 19,100 20,109 16,300 16,430 1,500 845 203 500 1,025 750 420 78 1,280 888 465 80 190 1,350 1,361 500 1,520 200 60 400 1,126 180 91 650 635 800 2,747 2,310 - - |
Difference %age 14,667 13% 1,111 4% 5,368 - -15% 19 - -5% 430 - -54% 42 - -4% 1,682 - -48% 1,025 21% 3,000 - -32% 525 228 2% 3,507 23% 698 7% - 0% 2,438 64% 1,202 80% 14,860 1,000 - -11% - 0% - 0% 254 28% 226 377 1,066 - -44% - 5,350 - -100% 2,830 - -100% - 1,000 - -100% 3,000 - -100% 7 2% 200 - -100% 55 - -6% 264 - -53% 250 - -100% - 692 - -33% 4,191 - -27% 364 - -30% 4,691 152% 11,000 - -100% 640 - -73% 5 - -3% 210 - -100% 58 - -11% 75 - -54% 187 - -53% 1,878 134 - -9% 264 28% 255 21% 121 - -13% 10 1% 174 - -17% 134 25% 3 1% 6 - 0% 486 - -6% 1 0% 5,952 - -30% 1,009 5% 130 1% 655 - -44% 203 525 105% 330 - -44% 78 392 - -31% 465 110 138% 11 1% 1,020 204% 140 - -70% 726 182% 89 - -49% 15 - -2% 1,947 243% 2,310 - |
|---|---|---|
241,550 217,253 - 24,297
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Sheffield St. Mark Broomhill
Final v4.1
Statement of Financial Activities
| Sheffield St. Mark Broomhill Statement of Financial Activities |
Fin | al v4.1 | ||||||
|---|---|---|---|---|---|---|---|---|
| For the year ended 31 December 2025 Note Income and Endowments Donations and Legacies 2.a Charitable Activities 2.b Other Trading Activities 2.c Investments 2.d Total Income Expenditure Church Activities 3.a Cost of raising funds 3.b Total Expenditure Net Income/(Expenditure) Before Investment Gains/(Losses) Net Gains and Losses on Investments Net Income /(Expenditure) Net Movement in Funds Balances Brought Forward at 1 January 2025 (2024) Balances Carried Forward at 31 December 2025 (2024) |
2025 | Total Funds 2025 £ 209,239 45,971 5,840 15,639 276,689 253,157 - 253,157 23,532 (22,083) 1,449 1,449 788,935 790,384 |
2024 | |||||
| Unrestricted Funds General Designated £ £ 197,970 10,971 45,971 - 1,217 - 11,198 1,539 256,356 12,510 217,253 22,679 - - 217,253 22,679 39,103 (10,169) - (13,012) 39,103 (23,181) 39,103 (23,181) 50,939 430,385 90,042 407,204 |
Restricted Funds £ 298 - 4,623 2,902 7,823 13,225 - 13,225 (5,402) (2,052) (7,454) (7,454) 153,129 145,675 |
Endowment Funds £ - - - - - - - - - (7,019) (7,019) (7,019) 154,482 147,463 |
Unrestricted Funds General Designated £ £ 193,410 7,363 39,545 - - 330 10,425 2,182 243,380 9,875 243,539 35,803 - - 243,539 35,803 (159) (25,928) - 6,808 (159) (19,120) (159) (19,120) 51,098 449,505 50,939 430,385 |
Restricted Funds £ 24,113 - 5,863 2,585 32,561 12,829 - 12,829 19,732 1,046 20,778 20,778 132,351 153,129 |
Endowment Funds £ - - - - - - - - - 3,784 3,784 3,784 150,698 154,482 |
Total Funds 2024 £ 233,024 39,545 6,193 15,192 285,816 292,171 - 292,171 (6,355) 11,638 5,283 5,283 783,652 788,935 |
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Sheffield St. Mark Broomhill
Balance Sheet at 31 December 2025
| Note Fixed Assets Tangible Fixed Assets 7.a Building and organ improvements Major redecoration Fixtures, fittings & equipment Investments 7.c Parochial Church Council property Trust funds administered by the PCC Social investments 7.b Current Assets Monetary Assets and Debtors 7.d Cash at bank and in hand Deposit accounts Debtors and prepayments Liabilities: Amounts falling due within one year Accruals and deferred income 7.e Net Current Assets Net Assets Represented by: Funds 8 Unrestricted Restricted Endowment |
2025 £ £ 163,301 - 4,516 167,817 313,105 130,792 51,977 495,874 6,214 119,013 4,060 129,287 (2,594) 126,693 790,384 497,246 145,675 147,463 790,384 |
2024 £ £ 146,533 - 4,435 150,968 312,389 137,117 55,032 504,538 11,453 133,400 2,813 147,666 (14,237) 133,429 788,935 481,324 153,129 154,482 788,935 |
|---|---|---|
Approved by the Parochial Church Council on and signed on its behalf by:
Beth Keith (Vicar & chair of PCC)
David Armstrong (Honorary Treasurer)
The notes on pages 7 to 24 form part of these accounts
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Sheffield St. Mark Broomhill Notes to the financial statements For the year ended 31 December 2025
1 Accounting Policy
The PCC is a public benefit entity within the meaning FRS102 (Financial Reporting Standard). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations ‘true and fair view’ provisions. They are also prepared under the applicable accounting standards and the current statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)).
The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value.
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. The purposes of any restricted and endowment funds are noted in the accounts at note 8.
The accounts include transactions, assets and liabilities for which the PCC can be held responsible.
Income
This is included in the Statement of Financial Activities (“SOFA”) when: (1) the PCC becomes legally entitled to the benefit of use of the resources; (2) an inflow of economic benefit is probable, and; (3) the monetary value can be measured with sufficient reliability.
-
Voluntary income and capital sources
-
Collections are recognised when made.
-
Amounts receivable under Gift Aid are recognised only when honoured by the giver.
-
Income tax recoverable on Gift Aid donations is recognised only when claimable.
-
Grants and bequests to the PCC are accounted for when the amount is payable.
-
Income from fund raising events is accounted for gross.
The sale of books and magazines from the church bookstall are accounted for gross.
Income from church activities
-
Income from the hire of the church premises is accounted for on an event by event basis after deduction of caretaking services.
-
Parochial fees due to the PCC for weddings, funerals etc are accounted for on an event by event basis.
Income from investments - Dividends and interest are accounted for when due.
Investment gains and losses - Unrealised gains or losses are accounted for on the revaluation of investments at 31 December
Expenditure and liabilities These are recognised as soon as an outflow of economic benefit is probable.
Grants and donations Grants and donations are accounted for when payable.
Church activities The Common Fund and Associate Vicar contributions to the Diocese are accounted for when payable.
Pension costs and other post retirement benefits The PCC operates a defined contribution pension scheme. Contributions payable to the pension scheme are charged to the SOFA in the period to which they relate
Fixed assets
Consecrated land and buildings and moveable church furnishings
Consecrated and beneficed property (the church buildings and grounds) is excluded from the accounts by the Charities Act 2011.
The building and organ improvements and moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (either over 25 or 10 years) on a straight-line basis. All expenditure incurred in the year on consecrated buildings or beneficed building (excluding building and organ improvements, asbestos stabilisation and redecoration), individual items under £1,000 (discretionary limit) or on the repair of moveable church furnishings is written-off.
Other fixtures, fittings and office equipment
Items used within the church premises are depreciated on a straight-line basis over four years. Individual items of equipment with a purchase value of £1,000 (discretionary limit) or less or repairs are written off in the period in the year.
Equipment rentals are paid and charged as they are incurred.
Investments Investments are valued at market value at 31 December.
Net current assets
Amounts owing to the PCC at 31 December in respect of fees, rents and room hire or other income are shown as debtors if the individual debts are greater than £500 or otherwise on a discretionary basis if required. Costs and expenses payable by the PCC at 31 December are accrued if the individual amounts are greater than £500 or otherwise on a discretionary basis if required.
Stocks of books and consumables are written off in the year acquired if their remaining cost or net realisable value is less than £500.
Deposit accounts include cash held on deposit with the Central Board of Finance of the Church of England, the Sheffield Credit Union or at the Bank.
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Sheffield St. Mark Broomhill
Notes to the financial statements
| Notes to the financial statements | g | |||||
|---|---|---|---|---|---|---|
| For the year ended 31 December 2025 Unrestricted Funds General Designated Note £ £ 2 Income and Endowments 2.a Donations and Legacies Regular Donations 4.a 182,710 - Card donations 1,818 - Cash donations 381 - Wall box 1,058 - Web Donations 370 - Text donations 5 - Parish Giving Scheme - One off donation 246 - Gift Aid claimed 6,300 - Conference donations 525 - Grants - received 4.b - 9,771 Children's choir donations 5.l - - Choral scholarship receipts 5.k - 200 Legacies 4.d - 1,000 Sundry donations 4,557 - 2.a TOTAL 197,970 10,971 2.b Charitable Activities Church and room hire 18,507 - Car Park Donations 12,728 - Solar panel income 6,238 - PCC Fees Income 2,702 - Home from Home income 5,796 - Printing Income - - 2.b TOTAL 45,971 - 2.c Other Trading Activities Donations, appeals, etc 4.c 1,217 - Diamond Anniversary income - - Parish Weekend Income 5.j - - 2.c TOTAL 1,217 - 2.d Investments Dividends & Reclaimed Tax 9,953 896 Interest Received 1,245 643 2.d TOTAL 11,198 1,539 Total Incoming Resources 256,356 12,510 |
2025 | Total Funds 2025 £ 182,710 1,818 381 1,058 370 5 246 6,355 525 9,771 243 200 1,000 4,557 209,239 18,507 12,728 6,238 2,702 5,796 - 45,971 5,840 - - - 5,840 13,131 2,508 15,639 276,689 |
2024 | |||
| Restricted Endowment Funds Funds £ £ - - - - - - - - - - - - - - 55 - - - - - 243 - - - - - - - 298 - - - - - - - - - - - - - - - 4,623 - - - - - 4,623 - 2,282 - 620 - 2,902 - 7,823 - |
Unrestricted Funds General Designated £ £ 174,450 3,489 - 515 - 1,082 - 1,437 - - - - - 7,975 163 - - - 6,000 - - - 200 - 1,000 4,462 - 193,410 7,363 13,828 - 12,731 - 4,949 - 2,300 - 5,700 - 37 - 39,545 - - - - 330 - - - - - 330 9,640 914 785 1,268 10,425 2,182 243,380 9,875 |
Restricted Endowment Funds Funds £ £ - - - - - - - - - - - - - - - - - - 3,180 - 2,000 - 100 - 18,833 - - - 24,113 - - - - - - - - - - - - - - - 3,683 - - - 2,180 - - - 5,863 - 2,081 - 504 - 2,585 - 32,561 - |
Total Funds 2024 £ 174,450 3,489 515 1,082 1,437 - - 8,138 - 9,180 2,000 300 19,833 4,462 224,886 13,828 12,731 4,949 2,300 5,700 37 39,545 3,683 330 2,180 - 6,193 12,635 2,557 15,192 285,816 |
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Notes to the financial statements
| Notes to the financial statements | g | |||||
|---|---|---|---|---|---|---|
| For the year ended 31 December 2025 Unrestricted Funds General Designated Note £ £ 3 Expenditure 3.a Church Activities Outreach 5.a 18,622 500 Diocese 5.b 75,000 - Salaries, wages and honoraria 5.c 68,887 6,000 Clergy and staff expenses 5.d 3,364 - Mission 5.g 1,213 - Church running expenses 5.f 35,425 16,179 Church Utility bills 5.e 14,742 - 3.a TOTAL 217,253 22,679 3.b Cost of raising funds N/A - - 3.b TOTAL - - Total Resources Expended 217,253 22,679 |
2025 | Total Funds 2025 £ 23,745 75,000 74,887 3,364 3,755 57,664 14,742 - 253,157 - - 253,157 |
2024 | |||
| Restricted Endowment Funds Funds £ £ 4,623 - - - - - - - 2,542 - 6,060 - - - 13,225 - - - - - 13,225 - |
Unrestricted Funds General Designated £ £ 18,356 - 73,200 - 65,208 6,000 39,664 12,381 1,184 - 30,404 17,422 15,523 - 243,539 35,803 - - - - 243,539 35,803 |
Restricted Endowment Funds Funds £ £ 3,683 - - - - - - - 801 - 8,345 - - - 12,829 - - - - - 12,829 - |
Total Funds 2024 £ 22,039 73,200 71,208 52,045 1,985 56,171 15,523 292,171 - - 292,171 |
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Notes to the financial statements
----- Start of picture text -----
For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
4 Analysis of Incoming Resources
4.a Regular Donations
Parish Giving Scheme donations 124,667 - - - 124,667 111,330 - - - 111,330
Other planned giving 29,632 - - - 29,632 35,585 - - - 35,585
Gift Aid recovered PGS 28,411 - - - 28,411 27,535 - - - 27,535
4.a TOTAL 182,710 - - - 182,710 174,450 - - - 174,450
4.b Grants
Grants - received - 9,771 - - 9,771 - 6,000 3,180 - 9,180
4.b TOTAL - 9,771 - - 9,771 - 6,000 3,180 - 9,180
In 2025 we received a grant from the Church Burgess Educational Foundation to a value of £6,000. This has been fully used to meet the cost of employing the Childrens and Families worker.
A grant of £3,771 was also received in 2025 from the Listed Places of Worship scheme to cover the VAT on the changes to the heating in the Upper Room.
A grant of £750 was received in 2013 from Waitrose towards the costs of hosting Christmas Lunches. £162 was utilised in 2013 with £100 in 2014, £175 in 2016 and £137 in 2017. The balance has been used
to fund the soup run in 2025.
4.c Donations, appeals etc
- - - - -
Special Collections 1,217 4,623 5,840 3,683 3,683
- - - - - - - - - -
Specific donations and appeals
4.c TOTAL 1,217 - 4,623 - 5,840 - - 3,683 - 3,683
Special collections relate to specific collections for Home and International causes (see note 5(a)).
4.d Legacies and bequests
From the late Geraldine Davies-Jones - 1,000 - - 1,000 - - - - -
From the late Doreen Godden - - - - - - - 18,833 - 18,833
From the late Pam Gould - - - - - - 1,000 - - 1,000
4.d TOTAL - 1,000 - - 1,000 - 1,000 18,833 - 19,833
Legacies 1,000 - 1,000 18,833
----- End of picture text -----
Notes: The bequest from Geraldine Davies-Jones was unconditional. Unused funds have been placed in the General Reserve deposit account subject to the PCC determining how the funds should be utilised. The funds expended from legacies are detailed in note 9.a
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Notes to the financial statements
----- Start of picture text -----
For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
5 Analysis of Resources Expended
5.a Outreach
International Donation Details
Care4Calais 1,000 - - - 1,000 910 - - - 910
Christian Aid - General 1,000 - - - 1,000 910 - - - 910
Global Justice Sheffield (local) 1,000 - - - 1,000 910 - - - 910
Literacy for Life 1,000 - - - 1,000 910 - - - 910
Phase 1,000 - - - 1,000 910 - - - 910
Practical Action (Intermediate Technology Group) 1,000 - - - 1,000 910 - - - 910
Succol 1,000 - - - 1,000 910 - - - 910
USPG 1,000 - - - 1,000 910 - - - 910
Bwindi 100 - - - 100 910 - - - 910
CongoAgri - - - - 910 - - - 910
- - - - - - - - - -
- - - - - - - -
Allocated total 8,100 - - - 8,100 9,100 - - - 9,100
Special Expenditure
- - - - - - - -
ADELIPO (working in DRC) 2,039 2,039
Gaza Relief fund - - 252 - 252 - - - - -
USPG - - 413 - 413 - - - - -
Medical Aid for Palestinians - - 90 - 90 - - - - -
Amnesty International - - 61 - 61 - - - - -
Christian Aid - - - - - - - 344 - 344
- - - - - - - - - -
TOTAL 8,100 - 2,855 - 10,955 9,100 - 344 - 9,444
International donations 8,100 9,100 0
Notes: Restricted Fund donations of £2,855 (2024 £344) are all from the proceeds of special collections (see note 4(c)) and were paid immediately to the charities in question.
General Fund donations of £8,100 (2024 £9,100) have been allocated on recommendation of the International Donations Committee and approved by the PCC.
Restricted donations exclude donation made by members of the congregation directly to the charities when an appeal was made.
----- End of picture text -----
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Notes to the financial statements
----- Start of picture text -----
For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
Home donation Details
Nomad 2,000 - - - 2,000 1,000 - - - 1,000
- - - - - -
Broomhall Girls Youth Group 1,000 1,000 1,000 1,000
- - - - - -
South Yorkshire Refugee Law and Justice 1,000 1,000 1,000 1,000
- - - - - - - -
Hope for the Future 1,000 1,000
Solace 1,000 - - - 1,000 - - - - -
- - - - - - - -
Together for the CofE 1,000 1,000
Bens Centre 500 - - - 500 1,000 - - - 1,000
Broomhall centre 500 - - - 500 500 - - - 500
Inclusive Church 500 - - - 500 500 - - - 500
Hope at Home 500 - - - 500 - - - - -
Eco church 75 - - - 75 75 - - - 75
Church Action on Poverty Sheffield (annual sub) 25 - - - 25 25 - - - 25
- - - - - - -
Foundry Crisis fund 1,000 1,000
- - - - - - -
St Aidan's church boiler appeal 1,000 1,000
- - - - - - -
Stop Hate UK 1,000 1,000
Vida - - - - 1,000 - - - 1,000
- - - - - - - -
Allocated total 9,100 - - - 9,100 9,100 - - - 9,100
Special Expenditure
Thornbridge (educational centre visit) 883 - - - 883
St Lukes Hospice - - 544 - 544 - - - - -
Collection for Beth to celebrate appointment as Vicar - - 467 - 467 - - - - -
Hope at home - - 310 - 310 - - - - -
Archer project - - 268 - 268 - - - - -
Purchases from Good Taste shop 238 - - - 238 - - - - -
Refreshments at Big Queer Carols 96 - - - 96 - - - - -
Fareshare - - 67 - 67 - - - - -
SAYiT - - 61 - 61 - - - - -
Children's Society - - 51 - 51 - - 251 - 251
- - - - - - - -
Sue Hammersley - leaving gift from collection 2,440 2,440
Nomad - - - - - - - 502 - 502
S6 Food Bank - - - - - - - 81 - 81
Assist - - - - - - - 65 - 65
- - - - - - - - - -
TOTAL 10,317 - 1,768 - 12,085 9,100 - 3,339 - 12,439
Home donations 9,100 9,100 -
Notes: Restricted Fund donations of £1,768 (2024 £3,339) are all from the proceeds of special collections (see note 4(c)) and were paid immediately to the charities in question.
General Fund donations of £10,317 (2024 £9,100) have been allocated on recommendation of the Home Donations Committee and approved by the PCC.
Restricted donations exclude donation made by members of the congregation directly to the charities when an appeal was made.
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Final v4.1
Sheffield St. Mark Broomhill
Notes to the financial statements
Page 13 of 25
----- Start of picture text -----
For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
Home Donations 9,100 - - - 9,100 9,100 - 3,339 - 12,439
International Donations 8,100 - - - 8,100 9,100 - 344 - 9,444
- - - - - - -
Special Expenditure 1,217 4,623 5,840
Grants - 500 - - 500 - - - - -
Soup Run expenses 205 - - - 205 156 - - - 156
- - - - - - - - - -
Social Fund payments
5.a TOTAL 18,622 500 4,623 - 23,745 18,356 - 3,683 - 22,039
Notes: In 2025 two grants were made from the Mainland Stamper fund. One of £2,499 towards the cost of a practise organ loaned to our organ scholar and a second of £500 towards music expenses for one of
our choral scholars. The practise organ has been added to the asset register so the expense does not show here.
No grants were made in 2024.
5.b Diocese
Diocesan Common Fund 75,000 - - - 75,000 73,200 - - - 73,200
5.b TOTAL 75,000 - - - 75,000 73,200 - - - 73,200
Notes: The payment to the Diocese covers the full costs of one member of staff.
5.c Salaries, wages and honoraria
- - - -
Family Worker 13,948 6,000 19,948 13,224 6,000 19,224
Administrator 20,109 - - - 20,109 18,556 - - - 18,556
Director of Music 16,430 - - - 16,430 15,658 - - - 15,658
Caretaker 9,601 - - - 9,601 9,139 - - - 9,139
Cleaner 7,914 - - - 7,914 7,536 - - - 7,536
Visiting organists 420 - - - 420 435 - - - 435
Caretaking for events 465 - - - 465 - - - - -
Additional admin support - - - - - 660 - - - 660
5.c TOTAL 68,887 6,000 - - 74,887 65,208 6,000 - - 71,208
Notes: Cleaning costs include the salaries of two part-time employed cleaners, Tim Moore and John Whitmill.
Cleaning materials and supplies are detailed under Cleaning in section 5.f below.
Caretaking costs are reduced when Tim acts as veger/caretaker during weddings or funerals and the costs for his time are recovered through fees.
All the emoluments for the 5 regular employees are shown above and also included are £nil (2024 £nil) Employer's NIC payments (after Employer's NIC allowances), £1,212 (2024 £1,156) Employer's Pension
Contributions and £nil (2024 £nil) paid in expenses.
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Notes to the financial statements
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For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
5.d Clergy and staff expenses
Liberal Theologian
- - - - - - -
Liberal Theologian's stipend, pension & NIC 28,311 12,381 40,692
- - - - - - - -
Liberal Theologian's house rent 5,000 5,000
- - - - - - - -
Liberal Theologian's council tax 2,773 2,773
Liberal Theologian's utilities and alarm maintenance - - - - - 774 - - - 774
Liberal Theologian's expenses - - - - - 735 - - - 735
Vicar
Vicar's Expenses 1,334 - - - 1,334 392 - - - 392
Vicarage water charges 1,174 - - - 1,174 896 - - - 896
Vicarage gas & electricity 226 - - - 226 473 - - - 473
Other clergy
Assistant Priest expenses 427 - - - 427 310 - - - 310
- - - - - - - - - -
Visiting clergy and speakers
Other staff
Family Worker expenses 203 - - - 203 - - - - -
- - - - - - - - - -
Director of Music expenses
5.d TOTAL 3,364 - - - 3,364 39,664 12,381 - - 52,045
Notes: The Liberal Theologian's post was vacant in 2025. Previously the stipend has been met from a mixture of general and legacy (designated) funds.
The PCC is only liable for the vicarage gas and electricity charges during a vacancy
5.e Church utility bills
- - - - - -
Electricity 11,249 11,249 11,358 11,358
Gas 1,408 - - - 1,408 1,919 - - - 1,919
Church phone and broadband 826 - - - 826 1,080 - - - 1,080
Water 836 - - - 836 756 - - - 756
Waste collection 423 - - - 423 410 - - - 410
5.e TOTAL 14,742 - - - 14,742 15,523 - - - 15,523
Notes: PV (Solar) panels have been fully operational on the Church roof since 2012. In 2025 Feed in Tariff income of £6,238 (2024 £4,949) was received from surplus electricity generated by the panels (see
note 2(d)). This income helps to offset the annual electricity charges shown above.
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Final v4.1
Sheffield St. Mark Broomhill Notes to the financial statements
Page 15 of 25
| the year ended 31 December 2025 Unrestricted Funds Restricted Endowment Total Funds General Designated Funds Funds 2025 Note £ £ £ £ £ 2025 5.f Church Running Expenses Repairs Church repairs and maintenance 7,781 - - - 7,781 Maintenance Grounds 1,878 - - - 1,878 Gardening services 1,296 - - - 1,296 Cleaning materials 1,204 - - - 1,204 Fire Alarm maintenance 472 - - - 472 Lift maintenance 240 - - - 240 Burglar Alarm maintenance 185 - - - 185 Fire Extinguisher maintenance 163 - - - 163 Boiler maintenance 65 - - - 65 PAT Testing - - - - - Organ / Piano Tuning and Repair 845 - - - 845 Depreciation Depreciation on fixed assets 2,310 16,179 6,060 - 24,549 Finance & IT Insurance 6,444 - - - 6,444 Auditor/Independent Examiner's Fee 1,074 - - - 1,074 IT Support 664 - - - 664 Payroll Bureau Charges 635 - - - 635 Accounting package charges 287 - - - 287 Bank charges 59 - - - 59 Card processing charges 32 - - - 32 Postage, Printing & Stationery Printing and stationery 1,454 - - - 1,454 Copier Lease Costs 960 - - - 960 Printing Licences 799 - - - 799 Postage 21 - - - 21 Music Sanctuary & Flowers Music expenses and RSCM subscription 1,025 - - - 1,025 Sanctuary expenses 888 - - - 888 Church Flowers 98 - - - 98 Home from home Home from Home expenses 2,747 - - - 2,747 |
2024 |
|---|---|
| Unrestricted Funds Restricted Endowment Total Funds General Designated Funds Funds 2024 £ £ £ £ £ 7,066 - - - 7,066 1,260 - - - 1,260 570 - - - 570 428 - - - 428 456 - - - 456 179 - - - 179 340 - - - 340 130 - - - 130 - - - - - 1,192 - - - 1,192 - - - - - 1,498 17,422 6,156 - 25,076 6,263 - - - 6,263 1,026 - - - 1,026 635 - - - 635 551 - - - 551 287 - - - 287 89 - - - 89 53 - 9 - 62 1,123 - - - 1,123 924 - - - 924 895 - - - 895 - - - - - 1,028 - - - 1,028 1,205 - - - 1,205 215 - - - 165 2,040 - - - 2,040 |
For the year ended 31 December 2025
Final v4.1
Sheffield St. Mark Broomhill
Page 16 of 25
Notes to the financial statements
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For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
Sundry
Refreshments 1,126 - - - 1,126 501 - - - 501
Conference Expenditure 377 - - - 377 - - - - -
Training courses 236 - - - 236 - - - - -
Gifts and Presentations 60 - - - 60 165 - - - 215
Performing Rights Society Fees - - - - - 279 - - - 279
Other Sundries - - - - - 6 - - - 6
- - - - - - - -
Parish Weekend Expenditure 2,180 2,180
5.f TOTAL 35,425 16,179 6,060 - 57,664 30,404 17,422 8,345 - 56,171
5.g Mission
Children's choir expenses 5.l 78 - 2,542 - 2,620 1,167 - - - 1,167
Family work resources and activities 945 - - - 945 - - 801 - 801
Library Books 190 - - - 190 17 - - - 17
Choral scholar expenses 5.k - - - - - - - - - -
Student Work Resources and activities - - - - - - - - - -
5.g TOTAL 1,213 - 2,542 - 3,755 1,184 - 801 - 1,985
5.j Church Conference/Parish Weekend Receipts and Payments Summary
Receipts
Parish Weekend Income - - - - - - - 2,180 - 2,180
- - - - - - - -
2,180 2,180
Payments
- - - - - - -
Parish Weekend Expenditure 2,180 2,180
- - - - - - - -
Total net expenditure 2,180 2,180
- - - - - - - - - -
Net (deficit)/surplus to General Fund
Notes: The details above are for the 2024 Mission Area Weekend. As this was for all three parishes in the mission area it was agreed that income and expenditure must balance. As there was a surplus a donation
was made to Christian Aid, to balance income and expenditure.
A surplus of £1,650 (Restricted) is carried forwards from the previous (St Marks only) parish weekends.
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Notes to the financial statements
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For the year ended 31 December 2025 2025 2024
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
Note £ £ £ £ £ £ £ £ £ £
5.k Choral Scholarships
Receipts
Choral scholarship receipts - 200 - - 200 - 200 100 - 300
Total net income - 200 - - 200 - 200 100 - 300
Payments
- - - - - - - - - -
Choral scholar expenses
- - - - - - - - - -
Total net expenditure
Choral Scholarships brought forward - 200 100 - 300
Choral Scholarships carried forward - 400 100 - 500 - 200 100 - 300
Notes: Choral scholarships have been offered to four choir members. These have a maximum value of £500pa and are to be funded by donations and grants.
The one payment of £500 was made in 2025 but this was made from the Mainland Stamper fund and is detailed above.
5.l Children's Choir
Receipts
Children's choir donations - - 243 - 243 - - 2,000 - 2,000
Grants received - - - - - - - 1,100 - 1,100
Total net income - - 243 - 243 - - 3,100 - 3,100
Payments
Children's choir expenses 78 - 2,542 - 2,620 - - 801 - 801
- - - - - - - - - -
Portion of Family worker's time for choir
Total net expenditure 78 - 2,542 - 2,620 - - 801 - 801
Grant brought forward (Restricted) 2,299
- - - - -
Grant carried forward (Restricted) 2,299 2,299
Notes: The children's choir is an experiment that will initially run for up to 3 years from October 2024.
Funding to come from donations and grants. Grant received in 2024 from the Benefact trust.
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Final v4.1
Page 18 of 25
Sheffield St. Mark Broomhill
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Notes to the financial statements
2025 2024
For the year ended 31 December 2025
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
7 Analysis of Net Assets by Fund £ £ £ £ £ £ £ £ £ £
7.a Tangible Fixed Assets
Analysis of Net Book Value by Fund at 31 December 2025 (2024)
Building, Property and Organ Improvements 13,287 67,980 82,034 - 163,301 13,913 44,526 88,094 - 146,533
- - - - - - - - - -
Major redecoration
Fixtures, Fittings and Equipment 1,282 3,234 - - 4,516 2,965 1,470 - - 4,435
Total Net Book Value by Fund 14,569 71,214 82,034 - 167,817 16,878 45,996 88,094 - 150,968
Analysis by asset type Building, Property, Major Fixtures, Fittings Totals Significant assets
Organ Improvements Redecoration and Equipment £
£ £ £ £ Building, Property and Organ Improvements
Actual/Deemed Cost At 1 January 2025 477,659 24,185 134,864 636,708 2002 244,650 Major work in upper room
Additions in year: 2004 12,512 Car park upgrade
Building, Property and Organ Improvements - 2008 9,353 Tower Louvers
Infrared heating Designated Funds 28,431 - - 28,431 2009 14,094 South steps railings
Boundary wall stabilisation Designated Funds 4,380 - - 4,380 2009 7,130 Electrical wiring
Lounge and Upper Room triple glazing units Designated Funds 3,032 - - 3,032 2011 32,205 PV Panels
- - - - 2011/2 11,144 Underfloor heating
Major redecoration 2012 2,176 Loft insulation
None - - - - 2013 1,512 Spire/tower renovations
Fixtures, Fittings and Equipment 2013 1,367 Wiring upgrade
Practice organ for organ scholar Designated Funds - - 2,499 2,499 2014/5 115,651 Organ refurbishment
- - - - 2018 76,932 Social house investment
- - - - 2023 4,750 South steps repairs
Disposals 2023 6,629 Wall repairs
None - - - - 2024 1,584 New notice boards
Total additions in year 35,843 - 2,499 38,342 Fixtures, Fittings & Equipment
total disposals in year - - 2020 21,981 New AV system for church
At 31 December 2025 513,502 24,185 137,363 675,050 2022 3,288 Upper room LED lighting
Depreciation At 1 January 2025 331,126 24,185 130,429 485,740 Major Redecorations
Charge for the year 19,075 - 2,418 21,493 2003 24,185 Asbestos stabilisation
- - - -
eliminated on disposals
At 31 December 2025 350,201 24,185 132,847 507,233
Net Book Value At 31 December 2025 163,301 - 4,516 167,817
At 31 December 2024 146,533 - 4,435 150,968
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Final v4.1
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Sheffield St. Mark Broomhill
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Notes to the financial statements
2025 2024
For the year ended 31 December 2025
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2025 General Designated Funds Funds 2024
7 Analysis of Net Assets by Fund £ £ £ £ £ £ £ £ £ £
7.b Social House investment (Home from Home)
Analysis of Net Book Value by Fund at 31 December 2025 (2024)
Social Investment - 51,977 - - 51,977 - 55,032 - - 55,032
Total Net Book Value by Fund - 51,977 - - 51,977 - 55,032 - - 55,032
Analysis by asset type Social Investment Totals
£ £ £ £
Actual/Deemed Cost At 1 January 2025 76,440 - - 76,440
Additions in year:
None - - - -
Disposals
None - - - -
- - - -
Total additions in year
- - -
Total disposals in year
At 31 December 2025 76,440 - - 76,440
Depreciation At 1 January 2025 21,408 - - 21,408
Charge for the year 3,056 - 3,056
- -
eliminated on disposals
At 31 December 2025 24,464 - - 24,463
Net Book Value At 31 December 2025 51,976 - - 51,977
At 31 December 2024 55,032 - - 55,032
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In accordance with the Accounting Policies (see page 3), all major expenditure on fixed assets from 1 January 2001 has been capitalised and depreciated annually on a straight line basis (over 25 years for building and Organ improvements and social housing investments, 10 years for major redecorations and 4 years for fixtures, fittings and equipment).
| Sheffield St. Mark Broomhill Notes to the financial statements For the year ended 31 December 2025 7 Analysis of Net Assets by Fund (continued) Note 7.a Tangible Fixed Assets 7.c Investments Social Investments Social House Investment Parochial Church Council property 8.c ID1 General Investment ID2 Fabric Investment (Restricted) ID3 Fabric Investment (Designated) ID4 Berry Bequest Investment ID5 Mainland & Stamper Bursary Investment ID6 Kelk Bequest Investment Trust funds administered by the PCC 8.c. ID7 Church Hall Charity Investment ID8 Miss Thomas Bequest Investment ID9 Friends of St Marks Investment ID10 Elliott Bequest Investment Investments Total 7.d Reserves General reserves 8. PCC current account ID11 General Reserve deposit account 7. Fabric reserves 8.a & ID12 Sheffield Credit Union deposit account ID13 Fabric Deposit (Restricted) ID14 Miss Thomas Bequest deposit account ID15 Fabric Deposit (Designated) Other reserves and accounts 8. ID16 Social Fund ID17 Mainland & Stamper Bursary Deposit Account Cash/Undeposited Receipts Reserves Total Debtors and prepayments PA1 Room hire outstanding PA2 Gift Aid Pending PA3 PV (Solar) Panel FIT Income Debtor PA4 HMRC Tax refund due 7.e Accruals and deferred income PA5 Electricity and Gas owed at year end PA6 Expenditure Accruals PA7 Grants received in advance PA8 International donations owed at year end Diocese Fund Balance 7.f General reserve deposit account breakdown General Reserve Legacy Reserve Diamond Anniversary Additional clergy fund Fabric Reserve |
Page 20 of 25 Total Funds Unrestrict 2025 General £ £ 167,817 16,878 51,977 - 51,977 - 211,956 - 56,216 - 25,188 - 14,518 - 3,074 - 2,153 - 313,105 - 71,589 - 34,674 - 17,714 - 6,815 - 130,792 - 495,874 - 6,214 (754) 90,654 45,685 96,868 44,931 11,023 - 6,616 - 5,565 - 4,288 - 27,492 - 851 - 16 - - 145 867 145 125,227 45,076 740 1,490 2,357 1,012 456 818 - 4,060 2,813 (1,784) (2,290) (426) (309) (152) - (232) - - (11,229) (2,594) (13,828) 790,384 50,939 45,145 45,684 - - 6,485 - 30,000 - 9,024 - 90,654 45,684 |
Page 20 of 25 Total Funds Unrestrict 2025 General £ £ 167,817 16,878 51,977 - 51,977 - 211,956 - 56,216 - 25,188 - 14,518 - 3,074 - 2,153 - 313,105 - 71,589 - 34,674 - 17,714 - 6,815 - 130,792 - 495,874 - 6,214 (754) 90,654 45,685 96,868 44,931 11,023 - 6,616 - 5,565 - 4,288 - 27,492 - 851 - 16 - - 145 867 145 125,227 45,076 740 1,490 2,357 1,012 456 818 - 4,060 2,813 (1,784) (2,290) (426) (309) (152) - (232) - - (11,229) (2,594) (13,828) 790,384 50,939 45,145 45,684 - - 6,485 - 30,000 - 9,024 - 90,654 45,684 |
Final v4.1 | Final v4.1 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2024 | |||||||||
| Unrestrict General £ 14,569 - - .i - - - - - - - ii - - - - - - a 29,296 f 45,145 74,441 8.b - - - - - b - - - - 74,441 740 1,490 1,012 - 3,242 (1,784) (426) - - - (2,210) 90,042.00 45,145 - - - - 45,145 |
ed Funds Designated £ 71,214 51,977 51,977 211,956 - 25,188 - 3,074 - 240,218 - - - - - 292,195 (17,892) 45,509 27,617 11,023 - - 4,288 15,311 851 16 - 867 43,795 - - - - - - - - - - - 407,204.00 - - 6,485 30,000 9,024 45,509 |
Restricted Funds £ 82,034 - - - 56,216 - - - - 56,216 - - - - - 56,216 (5,190) - (5,190) - 6,616 5,565 - 12,181 - - - - 6,991 - - - 818 818 - - (152) (232) - (384) 145,675 - - - - - - |
Endowment Funds £ - - - - - - 14,518 - 2,153 16,671 71,589 34,674 17,714 6,815 130,792 147,463 - - - - - - - - - - - - - - - - - - - - - - - - 147,463 - - - - - - |
Unrestrict General £ 16,878 - - - - - - - - - - - - - - - (754) 45,685 44,931 - - - - - - - 145 145 45,076 2,357 456 - 2,813 (2,290) (309) - - (11,229) (13,828) 50,939 45,684 - - - - 45,684 |
ed Funds Designated £ 45,996 55,032 55,032 223,383 - 26,546 - 5,950 - 255,879 - - - - - 310,911 15,020 44,004 59,024 10,861 - - 3,367 14,228 - 226 - 226 73,478 - - - - - - - - - - - 430,385 - 32,407 6,402 - 5,196 44,005 |
Restricted Funds £ 88,094 - - - 39,145 - - - - 39,145 - - - - - 39,145 (2,813) 18,954 16,141 - 4,965 4,356 - 9,321 837 - - 837 26,299 - - - - - - - (177) (232) - (409) 153,129 - 18,954 - - - 18,954 |
Endowment Funds £ - - - - - - 15,122 - 2,243 17,365 75,448 36,118 18,452 7,099 137,117 154,482 - - - - - - - - - - - - - - - - - - - - - - - - 154,482 - - - - - - |
Total Funds 2024 £ 150,968 55,032 55,032 223,383 39,145 26,546 15,122 5,950 2,243 312,389 75,448 36,118 18,452 7,099 137,117 504,538 11,453 108,643 120,096 10,861 4,965 4,356 3,367 23,549 837 226 145 1,208 144,853 2,357 456 - - 2,813 (2,290) (309) (177) (232) (11,229) (14,237) 788,935 45,684 51,361 6,402 - 5,196 108,643 |
Page 21 of 25
Sheffield St. Mark Broomhill
Final v4.1
Notes to the financial statements
For the year ended 31 December 2025
8 Fund details
8.a Unrestricted Funds
The General Fund is used to pay all the everyday expenses of the church. This fund is “unrestricted” because the money has been given to the church on the general understanding that it will be used at the discretion of the PCC for furthering the mission and ministry of the church. Unless specified otherwise, all the money received by the church is first put into the General Fund.
The PCC may decide to put some of the General Fund money aside in deposit accounts for use in the future (for example, for building repairs). This money is “designated” for administration purposes only. Such funds are still unrestricted and can be moved to other funds if the PCC so decides. The PCC currently has “designated” deposit accounts for general and fabric purposes.
Mainland Bursary Fund for development of young people Property: 1,070 shares in The CBF Church of England Investment Fund Purchased: 31-Aug-89 Original cost: £6,000 Market value 31/12/2025 £ 3,074 2024 £ 5,950 At the January 2020 PCC meeting it was agreed that in the absence of any documentary or anecdotal evidence to the contrary that the Mainland Bursary funds are more correctly recorded as Designated funds rather than Endowment funds. They have therefore been moved as at 31Dec2019 from Endowment to Designated. Fabric Investment (Designated) Property: 8583.73 units in the COIF Charities Ethical Investment Fund Purchased: 10-Sep-20 Original cost: £23,076 Market value 31/12/2025 £ 25,188 2024 £ 26,546
At the January 2020 PCC meeting it was agreed that in the absence of any documentary or anecdotal evidence to the contrary that the Mainland Bursary funds are more correctly recorded as Designated funds rather than Endowment funds. They have therefore been moved as at 31Dec2019 from Endowment to Designated.
This account was created by merging several small designated fabric deposit accounts. Therefore the income from the above investment should be used for Fabric purposes. The dividends from this accounts is paid to a dedicated CCLA Fabric (Designated) deposit account.
8.b Restricted Funds
These are funds that are subject to some particular restriction on the way they may be spent or applied. The money received is restricted either by the donor or by the terms of an appeal for a particular purpose such as a special collection for overseas aid or for a major repair. The PCC has several deposit accounts that are “restricted” in their use for either fabric or other specified purposes.
Fabric Investment (Restricted) Property: 12657.65 units in the COIF Charities Ethical Investment Fund Purchased: 10-Sep-20 Original cost: £34,028 Market value 31/12/2025 £ 56,216 2024 £ 39,145
This account was created by merging several small restricted fabric deposit accounts. Therefore the income from the above investment fund can only be used for Fabric purposes. The dividends from this account is paid to a dedicated CCLA Fabric (Restricted) deposit account.
Page 22 of 25
8.c Endowment Funds
These are another form of restricted funds and represent money that has been given to the church with the specific instruction that only the interest or dividends earned by the investment can be spent. The original money (or “capital”) cannot normally be spent and must remain in the form of investments.
8.c.i Parochial Church Council Property
The PCC may hold property “for any ecclesiastical purpose affecting the parish or any part thereof” and for certain educational purposes (PCC (Powers) Measure 1956, Section 5). “Ecclesiastical purposes” will include any purpose furthering the work of the Church of England in the parish. The capital sums and income derived there from can only be used for these purposes.
Held in the name of the Vicar and Church Wardens, administered by the PCC
| Miss Berry Bequest for general purposes | |||||
|---|---|---|---|---|---|
| Property: | 654 shares in The CBF Church of England Investment Fund | ||||
| Purchased: | 28-Feb-69 | ||||
| Original cost: | £730 | Market value | 31/12/2025 | £ 14,518 | 2024 £ 15,122 |
| Kelk Bequest for general purposes | |||||
| Property: | 97 shares in The CBF Church of England Investment Fund | ||||
| Purchased: | 31-Aug-82 | ||||
| Original cost: | £200 | Market value | 31/12/2025 | £ 2,153 | 2024 £ 2,243 |
8.c.ii Trust Funds administered by the Parochial Church Council
These funds comprise a charity administered under a scheme made by the Charity commissioners, two bequests and a donation involving permanent trusts restricting the use of the capital that is held by the Diocesan Board of Finance.
| The St Mark’s Church Hall Charity | |||||
|---|---|---|---|---|---|
| Property: | 106.68 shares in CCLA - COIF Charities Ethical Investment | Fund | |||
| (Original Purchase: | 12,277 shares | 31-Mar-93 | Original | cost: | £19,189) |
| Dividends reinvested in year to purchase | 825 shares | at a cost of | £1,357 | ||
| Market value | 31/12/2025 | £ 71,589 | 2024 | £ 75,448 |
The above investment originates from the sale of the former church hall in Ashgate Road, Broomhill, in March 1971. The PCC are managing trustees, the Diocesan Board of Finance custodian trustees. The clear income from the charity is to be applied to further the “religious and other charitable work of the Church of England” in the ecclesiastical parish of St Mark, Broomhill. The charity property may also be used for land and building required for that work. By an order dated 14 January 2014, the Charity Commissioners authorised expenditure of £34,000 from the Charity’s permanent endowment for the purpose of restoration and refurbishment of the Church organ under the condition that the sum be repaid over 30 years at a minimum of £1,133 per annum. In addition, the PCC authorised the expenditure of £16,000 from the Charity’s accumulated income for the same purpose. Accordingly, in January 2014 the Diocesan Board of Finance realised 32,041 of the Charity’s shares to the value of £50,000 and this sum was paid into the Organ Restoration Appeal Fund on 3 February 2014. This loan was repaid in 2020 so that income can return to being for general use as specified above.
Page 23 of 25
Miss Thomas Bequest for church repairs Property: 1562 shares in The CBF Church of England Investment Fund Purchased: 30-Nov-61 Original cost: £1,132 Market value 31/12/2025 £ 34,674 2024 £ 36,118 Friends of St Mark’s Investment Account for fabric repair purposes only Property: 798 shares in The CBF Church of England Investment Fund Purchased: 31-Oct-82 Original cost: £1,750 Market value 31/12/2025 £ 17,714 2024 £ 18,452
The income from the above two investment funds can only be used for church repairs. During 2020 new fabric deposit accounts were opened with CCLA. The dividends from these accounts are now paid to the new fabric deposit account.
| Elliott Bequest for parochial and charitable purposes | |||||
|---|---|---|---|---|---|
| Property: | 307 shares in The CBF Church of England Investment Fund | ||||
| Purchased: | 31-Aug-66 | ||||
| Original cost: | £220 | Market value | 31/12/2025 | £ 6,815 | 2024 £ 7,099 |
The property of the above mentioned investment can only be used for the purposes mentioned. Therefore the dividends are paid directly to the main church bank account for general use.
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Sheffield St. Mark Broomhill
Final v4.1
Notes to the financial statements
| Sheffield St. Mark Broomhill Notes to the financial statements |
Fin | al v4.1 | ||||
|---|---|---|---|---|---|---|
| For the year ended 31 December 2025 9 Allocation of Legacy funding 9(a)Legacy projects Infrared heating in Upper Room Boundary Wall stabilisation Contribution towards full stipend for Assoc Vicar |
2025 | Total Funds 2025 £ 14,330 4,380 - 18,710 |
2024 | |||
| Unrestricted Funds General Designated £ £ - 14,330 - 4,380 - - - 18,710 |
Restricted Endowment Funds Funds £ £ - - - - - - - - |
Unrestricted Funds General Designated £ £ - - - - 18,428 - 18,428 |
Restricted Endowment Funds Funds £ £ - - - - - - - - |
Total Funds 2024 £ - - 18,428 18,428 |
This is a description of the allocation of funds during 2025.
The funds used in 2025 are detailed in the expenditure section of the accounts above.
Statement of responsibilities of the members of the Parochial Church Council ("PCC")
The Church Accounting Regulations 2006 and the Charities Act 2011 require the members of the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and of the incoming resources and application of resources in the year then ended. In preparing those financial statements, the members of the PCC are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the PCC will continue in operation.
The members of the PCC are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the PCC and which enable them to ascertain the financial position of the PCC and which enable them to ensure that the financial statements comply with the Church Accounting Regulations 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
Page 25 of 25
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Photos to be added when account signed and approved InvestmentsParochial Church Council property qc 313,105
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