ST MARK'S CHURCH
BROADWATER DOWN, TUNBRIDGE WELLS
Annual Report
and
Financial Statements
of the
Parochial Church Council
for the year ending 31 December 2023

ST MARK'S CHURCH. TUNBRIDGE WELLS
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023
Members of the ParochSal Church Council
Rev'd Claire AIlw￿d
Louise Garner
Julia Hutchinson
Catherine R Clayton
Michael Allinson
Elaine Cole
Francesca Donald
Anthony Richard Edwards
Dèbbie Marsden
Ed Peltor
David Robertson
Keith Root
Anna-maria Taylor
Lucy Workman
Chair of PCC. and Priest-in-¢har8e
Churchwarden & DepLtty Chair of PCC
Churchwarden & PCC Secretary
Deputy Warden
Churchwarden from 21 May 2023
From 21 May 2023
To 21 May 2023
Safe8uardin8 Offi¢ef and Oeanery Synod
From 21 May 2023
From 21" May 2023
Churchwarden to 21 May 2023
From 19 October 2023
PCCTreasurer
Deanery s￿0d
Charity Commissim Number:
1131775
Prin¢•pal Address
The Church OffKe
St Mark's Road
Tunbrid8e Wells
TN2 SLU
T•hphon• numb•r
01892 526069
Webslte
www.stmarkschurch.o
.uk
Emall
offi
stmarkschurch.
Safeguardin8 Officer
S•fe$uardin8 Recruiter
Debbie Maf5den
Nicky Fi5ken
Independent Exaffllner
Christopher Wdler FCA
9 Calverley Park,
Tunbridge Wells
TNI 2SH
8ankerJ
Barclays Bank
Calverfey Road Brarhth
Tunbridge Wells
Contents
Pale
Charity Information
Annual Report of the Members of the Parothial Churth Cwncil
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
io
11-23

ST MARK'S CHURCH.TUNBRIDGE WELIS
ANNUAL REPORTOFTHE MEMBERS OFTHE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31 DECEMBER 2023
The Members of the Parochial Church Council (the PCC). who are the church's trustees for the
purposes of charity law. present their report together with the financial statements for the year.
Objects of the Charity
The PCC is responsible for co-operating with the Priest-in<har£e in promoting in the ecclesiastical
parish the whole mission of the Church. be it pastoral. evangelistic, social or ecumenical. The PCC 15
also responsible for maintaining certain church property situated within the parish. namely the two
church halls and also two houses purchased for the use of church workers, but at present let to
tenants.
Achievement and performance
The development of St Marvs in 2023
Growth and encouragement characterised many areas of church life through 2023. In the spring we
ran two courses focusing on faith development and spirituality: an introduction to the essentials of
Christianity. the "Being With" course (developed by St Martin in the Fields, Trafal8ar Squarel and a
Lent course on engaging with Scripture, based on Miranda Threlfall-Holmes' Ix)ok, "How to Eat
Bread" These provided opportunities for those exploring faith for the first time and for those of
many years, of faith to explore and 8ain fresh perspertives. Throughout the year we saw many come
to faith as 19 people 116 children and 3 adults) were baptized and I child admitted to Holy
Communion.
A Generous Giving campaign in May (with two servi￿$ focused on gratitude and generosity) offered
church members an opwrtunity to review both their planned financial giving and commitments of
time and energy in general and with regard to St Mark's. The subsequent financial increase. both in
the number of regular planned givers to the church and in the amount5 given, has been encouraging
and clearly helps sustain the deliyery of the church's mission.
Fire Circle, St Mark's monthly youth group. enthusiastically re-started in January. In June. the young
people. their families and Fire Circle leaders all went on pilgrimage, walking seven miles from
Icklesham to Rye; visiting three churches, enjoying good food and nourishing conversation along the
way. Fire Circle significantly expanded in the Autumn as our numbers doubled, with young people
moving up to secondary school. Sunday Club, St Mark's fortnightly group for children of primary
school age also saw many new members join this year, sustaining a register of around thirtv
children. We continued our close relationship with St Mark's primary school- Claire regularly taking
collective worship in school. four school services tsking place in church over the year and three
foundation governors actively involved in school leadership.
St Mark's PCC were delighted and thankful to note in May that {reviewin8 the last four years) both
our electoral roll and regular Sunday attendance have doubled in number since Easter 2019. The
PCC met for a vision day in september and reflected upon St Mark's mission. Significant themes
which emerged were a strong desire to be inclusive. welcoming and working with families in
particular, using our buildings and other resources to continue to addres5 community need and build

During the autumn. it was a joy to support the development of vocations as St Mark's hosted and
Claire co-led (with Revd Judi Hamill, Vicar of St James, Tunbridge Wells) the Carin8 Concerns pastoral
care course for the deanery. This training supported the re-establishment of a pastoral visiting team
for 5t Mark's and the development of friendships with fellow local Christians. It has been a delight
also for St Mark's to 5UPPOrt Amanda Willmont. church member. who began her ordination training
at St Augustine's College in September. Claire completed a three-day core training in Godly play,. a
way of using Christ13n language and storytelling to supwrt children's spiritual formation and life-
long learning.
With the aim of making the church 8arden an en8a8in8 environment forthe community, scarecrows
again appeared from Harvest to Halloween. Ribbons for remembrance were tied to the acers in
November. Church services at both Easter and Christmas were well-attended. with record nurnbers
at the Carol Service lover 2001. led again by a scratch community choir and at the Christingle1249
attenders) on Christmas Eve. A church craft table at St Mark's school Christmas Fair was also well-
appreciated.
We continued to partner with others to address community need through the weekly Larder and
rnonthly Bereavement Support group. Our Anna Chaplain responded (with another Anna Chaplain)
to a request for them to offer monthly devotions in Tunbridge Wells Care Centre towards the end of
the year.
A full programme of social events ran throughout the year; aiding US to welcome newcomers. to
deepen relationships and to Meet needs for connection and community. Teams of volunteers were
central to all of the church's activities- one example being a very well-attended Autumn cleaning and
maintenance day for our Churdi building and Broadwater Hall.
Community Larder
This continues to run weekly. in partnership with King Charles the Martyr, mana8ed by a joint
cornmittee with a growin8 team of volunteers meeting continued need. Whilst figures attending
throughout the year have fluctuated. in the latter part of the year. there has been an average of
forty households attendin8 each week. Tthe Larder has had to supplement the highly discounted
supplies from Fareshare. and this has been possible because of the generous donations from
members of both churches. In addition, a grant of £2,5￿) was received from the Borough Council.
The Elertoral Roll, and Baptisms, Weddings* and Funerals
The number of members on the Electoral Roll at the time of the APCM on 21st May 2023 was 120 of
which 42% were not resident in the parish. compared to the 2022 figures of 108, of which 34%
resided outside the parish.

The PCC
The PCC met nine times in the 8roadwater Hall and church office during 2023. The APCM was held
on May 21, in the main body of the church after the 10am service.
In February Francesca Donald stood down from the PCC and Keith Root. our Treasurer, stepped back
in May from his much appreciated role as Churchwarden, to be replaced by Julia Hutchinson who
continued on 3 temporary basis a5 PCC secretary for the rest of the ye3r. Catherine Clayton stayed
on in her role of Deputy Churchwarden. The PCC welcomed new members this Year including Ed
Peltor, who also heads up the Buildin85 Committee. David Robertson and Anna-maria Taylor.
Mask wearing remained optional. based on personal preferen￿. and the PCC agreed to continue
intinction of wafers, which most members of the con8re8atiori sUPPOrted. The church continued its
Tuesday Church Watch openings for private prayer and visitors. We were blessed that Claire could
take a record number of baptisms. The PCC were very thankful to the Social Committee who
orEanized enjoyable events during the year such as shared lunches. afternoon teas, a quiz ni8ht and
wonderful shared lunth after the Coronation service.
In June. the PCC adopted the House of Bishops, Safeguarding Policy. Our September meeting
focused on updating the Safeguarding Action Plan. That month, we also held a much overdue PCC
Away Day to review our rnission, strategize, and build relationships.
The PCC continued to monitor the financial situation throughout the year. We approved urgent
repair5 to the Birling Road Hall soffits and gutters. as well as hedge trimming. Hall hire charges were
reviewed and it was agreed that we would PLrt our prices up in line with other rents around the
town. taking into account the increased costs of heating and lighting. Problems with the main
church lights led us to approve new replacement LED based fixtures for m05t of the church. along
with porch and side li8hts, and we hope that this work will be completed by mid 2024.
In December, the PCC looked at a possible. realistic Parish Offer. taking into consideration our plan
to pay for a 50% stipend. and agreed an Offer of £42,848, which took account of the increased cost
of a 50% stipend for the incumbent. while maintaining our contribution to the Wider Diocesan
Mission component.
The PCC agreed a revised salary for the Office Administratorfs from l January 2024.
Financial Oversight and Public Benefrt
The PCC continued to monitor the financial situation throughout the year. and also considered the
significant financial implications of its aim of moving to a 50% stipendiary incumbent post in 2024.
In planning its activities, the PCC has applied the 8uidance on public benefit issued by the Charity
Commission.
Fabric
The last year has seen the embedding ofthe Hall Hire and Buildings Committee teams, both of
whom have overseen a number of projects to maintain our church buildings.
The following works have been completed:
Birlin£ Road Hall - a substantial amount of work took place in 2023 to repairlreplace rotten
soffits. replace guttering and downpipes and repaint the exterior affected by the work. Thi5 was
completed on time and to budget.

RAAC - the issue of 2023 for many public buildings was RAAC (reinforced autoclaved aerated
concrete planks). A review by our buildings team lead has led us to conclude that Broadwater
Hall was not affetted, Birling Hall was built before its invention and the 2 houses are also not of
this construction.
Church Electri￿ - we have initiated some initial diagnostic work to understand the issue with
church lighting.
Uzhtenlng Protertlon Systern (LP5)- Our LPS was surveyed to ensure it is fit for purpose. Some
remedial work was undertaken and it is now in full working order.
Looking ahead to the coming year. our main focus will be the continuation of the electrical work
within the church itself to replace a significant portion of the high level lighting.
Volunteers
The PCC would like to thank all the volunteers who have helped take forward church activities,
including; sidespeople. the music group. readers and intercessors. the youth and children's team.
sacristan team, the finance team, the flower guild. gardeners. the pastoral team and the volunteers
from both St Mark's and King Charles the Martyr who support the joint Community Larder.
Developing St Mark's Vision and Mission
Following on from our PCC Vision Oay this year. a consultation with the congregation is planned
around inclusion and the possibility of St Mark's joining The Inclusive Church Network early in 2024.
As St Mark's living will have been suspended for five years at Easter and since the church has
experienced significant growth, it is anticipated that this suspension will be reviewed. with a view to
lifting it and recruiting to a part-time incumbent post. This would mark a new phase in the life of St
Mark'5 and is eagerly anticipated by the PCC.
A Lent course encouraging meditative engagement with the Easter story is planned, wlth a full
programme of Holy Week worship services for all ages. Alongside our continued support for and
work with St Mark's school, we hope to en8a8e with and supwrt Broadwater Down school. with 3
visit to the Early years class scheduled early in 2024.
We hope to continue to participate artivelv in the Deanery, hosting a deanery Confirmation Service
in the sprin8 and running the Carin8 Concerns pastor31 care course again in the autumn. Work to fix
and upgrade the electrics in the church building is planned for early 2024. Continuing to review the
use of all our buildings to maximise their community potential remains a priority. We will continue
to offer volunteering opportunities as we seek to welcome. include and provide opportunities for all
ages to explore faith, develop their spirituality and grow in their awareness of the love of God.
Financial Review
This year. increases in our planed givin8 to the General Fund and one-off donations towards the
major increases in the cost of gas and elertricity have enabled us to make transitional provision for
move of the incumbent post from a house for duty to a 50% stipend in 2024. This provision and
spreading the use of our restricted Utility Fund over the years 2023 to 2025 has been achieved
within a roughly balanced General Fund outturn in 2023.

Over the year. we had six new planned givers to the General Fund. and some existing members
increased their monthly donations. resulting in a net increase in planned giving, indudin8 8ift aid tax
refunds of sorne £11.434 over 2022. The PCC is gratefvl to the planned givers and other donors.
While this continued growth ha5 covered the initial cost of the move to a 50 % 5ipendiary post for
the Vicar. the tran51tional fund designated provision will 500n be exhausted and we need further
growth into the future. The PCC will be taking steps to encourage further planned giving in 2024,
both to Secure the on-going financing of the vicar's post. and to cover the rise in costs generally.
In 2023, the PCC was able fully to cover the Benefice Costs to the Diocese in it5 Parish Offer and its
indicative share of the Wider Diocesan Mission, and at its November 2023 meeting the PCC agreed
Parish Offer that met the major increase in the Diocese'5 Indicative Offer component associated
with a 50% stipendiary incumbent.
The joint Community Larder with King Charfes the Martyr has continued to be run by volunteers
from both churches, and with financial donations, including 8 monthly donations amounting in total
to £300 per month at the end of the year together with some significant one-off donations. The
larder also received a grant of £2.5CQ from Tunbridge Wells Borough Council. and from Churches
for Tunbridge Wells and the Tunbridge Wells Masons. Further information is shown in Note5 4 and
7 to the Financial Statements.
Pension Liabilities
The PCC has a fully funded pension scheme for its part-time Parish Administrator through NEST. The
PCC also retains provision for a pension liability for a previous full-time employee. who left well
before the present pension le8islation. Further details are given in Note 16 of the Financial
Statement.
Reserves Policy
The long term financial implications of the major changes during 2019 and the impact of the Covid-19
pandemic. illustrate the importance of maintaining adequate reserves within the General Fund.
The PCC has determined that the charity should aim to hold unrestricted cash of no less than
É50,LM)O in its General Fund, especially as there is a move to a 50% stipend for the incumbent.
Each year, the PCC sets aside provision into designated funds for repairs to the Church and two
houses. at rates advised by the Diocese. and which are kept in separate Diocesan deposit accounts
It has also set up some designated funds associated with various aspects of the fabric.
The rernaining Designated. Restricted and Endowment f￿ndS are either associated with the Birling
Road Hall, or are set aside for particular non-fabric purposes, such as the newly established Ministry
Fund. and these are reviewed on a regular basis.
Risk Management
The charity is exposed to various risks
be they operational, financial or reputational. The PCC
reviews the church's activities to identify significant risks and. where possible, it takes appropriate
measures to mitigate those risks. The churchwardens and PCC team leaders are responsible for
preparin8 or reviewin8 existing risk assessments for services and activities.

Vulnerable Persons - The care and protection of children, young persons and vulnerable adults
involved in Church activities is the responsibility of the whole church. Everyone who participates in
the life of the Church has a role to play in promoting a safer Church for all. The PCC has adopted the
House of Bishops Safeguarding Policy - 'Promoting a Safer Church. _which sets out the safeguarding
of children. young people and vulnerable adults, policy of the Church of England. The
implementation of the policy is under constant review to ensure that the church adheres to good
safeguarding practices. The PCC follows the House of Bishop5 Safer Recruitment Practice
Guidance. The PCC has considered and agreed which posts within the Church {both voluntary or
otherwise), require a DBS check and an appropriate level of safeguarding training.
The post of Parish Safeguarding Officer is held by Debbie Marsden who is the link between the PCC
and the Diocese regarding safeguarding matter5. Debbie support5 the PCC to ensure that the
Diocesan Safe8uardin8 Policies are carried out in the parish.
The Parish Lead Recruiter is Nicky Fisken who is responsible for coordinating the Disclosure and
Barring {DBSI process.
Finance - as indicated above. with the current level of planned giving, the General Fund budget for
2024 is forecast to be in deficit, but can be accommodated in the short term by our reserves. The
need for additional funds to expand ministry staff resources and trainin8 will be brought to the
congregation's attention during the first half of 2024.
The PCC is continuing to monitor the future requirements for upkeeping the church fabric.
Structure. Governan￿ and Management
The charity 15 registered with the Charity Commission and operates under the Charities Act 2011.
The governing documents for the charity are the Parochial Church Councils (Powers) Measure 1956
las amended) and the Church Representation Rules.
The appointment of PCC members is governed by, and set out in. the Church Representation Rules.
The PCC comprises ex-officio members (which includes clergy and churchwardensl, elected
members and co-opted members. The PCC orzanises elections annually at the Annual Parochial
Church Meeting IAPCMI to fill vacancies. New members are provided with variou5 documents
outlining their responsibilities as trustees.
Responsibility for setting policy and for determining the parameters within which the charity should
operate, and for making major operatin8 decisions rests with the PCC. which meets regularly to
rnonitor the activities of the charity. Responsibility for the day to day operation of the charity has
been delegated to the Priest-in-charge and the churchwardens.
Statement of Safeguarding Responsibilities of Members of the Parochial Church
Council
The PCC has complied with its duty under Section 5 of the Safeguarding and Clergy Disciplinary
Measure 2016 {duty to have regard to the House of Bishops'5 gLIidan￿ on safeguarding children and
vulnerable adults).
ststement of Financial Responsibllltles of the Members of the PCC
The PCC is responsible for preparing the Annual Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted
Accountin8 Practice).

Charity law requires the PCC to prepare financial statements for each financial year which give a true
and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming
resources and application of resources for the financial year. In preparing these financial
statements, the PCC 15 required to:
select suitable accounting policies and apply them consistently:
observe the methods and principles in the Charities SORP,.
make judgements and estimatesthat are reasonable and prudent-
state whether the applicable accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial 5tatemefftts- and
5 prepare the financial statements on a going concem basis unless it is inappropriate to presume
that the charity will continue in operation.
The PCC is responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011 and the Charity (Accounts and Reportsl Regulations
2008. It is also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the PCC at its meetinz on 18 April 2024 and signed on its behalf by..
The Rev'd Claire Allwood
Chair of the PCC and Priest-in-charge
Date 18 April 2024

INDEPENDENT EXAMINER5 REPORT
TO THE MEM8ERS OF THE PAROCHIAI CHURCH COUNCIL OF
ST MARK'S CHURCH TUN8RIDGE WELLS (The PCC)
I report to the PCC on my examination of the accounts of the church for the year ended 31 December
2023 on page5 9 to 23 followin& which have been prepared on the basis of the accounting policies
set out in Note l on pages 11 to 14.
Responslbllltles and basis of report
As trustees of St Mark's Church Tunbridge Wells you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 {'the Act'l. The PCC consider
that an audit is not required for this year under section 14412) of the Act. and that an independent
examination is needed.
It is my responsibility to:
Examine the accounts under section 145 of the 2011 Art;
To follow the procedures laid down in the General Direcrions given by the Charity
Comrnissioners {under Section 14515llb) of the 2011 Acts.. and
To state whether particular matters have come to my attention.
Basls of Independent Examlnerfs Report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It includes considerarion of any unusual
item5 or disc105ures in the accounts, and seeking explanation from you as trustees concerning any
such matters. The procedures undertaken do rK)t provide all the evidence that would be required in
an audir and consequently my opinion as to whether the accounts present a "true and fair view" and
the report is limited to those set out in the statement below.
Independent examinerfs statement
I have completed my examination. I confirm that no matter5 have come to my attention in
connection with the examination giNllng me cause to believe:
accounting records were rM)t kept in respect of the Charity a5 required by sertion 130 of
the Art,. or
the accounts do not accord with those records: or
the accounts do not comply with the applicable requirements con￿rning the form and
content of accounts set oul in the Charities IAccount5 and Reports) Regulations 2008
other than any requirement that the accounts give a 'trve arbd fair, view that is not a
matter considered a5 part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Christopher Weller FCA
Date
If Ivt

sr MARfS CHURCH. TUNBRIDGE WELLS
STATEMENT OF FINANCIAL ACtIVlTIES
FOR THE YEAR ENDED 31 DECEMBER 2023
T•t•l
T•141
Fus
2022
Wqte
IfrICOMe ANO ENOOWMENT&.
Donations and legaues
Charitable actviti
Income from lettin8S
Bank interest
Other Income
Grants
69.105
1,931
33.399
1.045
io
69,115
1.931
33.399
3.331
21,597
4.452
9).713
6383
S8￿75
6,735
266
4,228
77,462
6,206
49,049
1.107
70
9.346
25.476
1.436
1.969
26S
428
428
Total Incor￿ •nd endowments
105.910
I￿.2¢
32,0
26.912
167,199
143,241
EXPENDITURE..
Charitsble actiwties
9L785
581
92.366
21784
46,906
161056
130,122
Tgtal experKI1￿1Q
91.184
581
92.366
22.784
162.056
130.122
Net hK(Yne1lex￿nditWe)
14,126
1.715
15,840
119.9941
5,144
13,119
Gr0$5 tran51en between twds
Giosstran5fets bttwt•n funds out
14.1
14.1SXI
114.1￿}
14.190
6.190
16.19)1
Nèttr•nsf*rs b•twetfvfunds
114.1901
14.19)
Net rnovement In lund5
IS.￿$
15.840
9.295
119,9941
5.144
13.119
Re¢on¢llatiortof fvnds..
Total hjnds bro4ht forward
55
104,791
160,679
60,292
298.232
519,203
506,085
Totsl lunds ¢•ffltd fon¥ard
55.825
120.696
176.522
69.589
278.238
524,347
519,204
In the SOFA and the Balance SheeL and in the thbles in the Notes. the component I￿￿re$ may Tr)t 5Urn to the tolals because of
roundir>¥s to the nearest £.
The Notes on pages 11 to 23 lomi part of t1￿ attounts.

T•t•l
Fund5
Tt411
2023
2022
FIXEOASSETS
Tanglble assets
ILI#
40.(W 40.(
229.174
269.1741
269.174
CURREKfASSErs
Debtor5
Deposit Acttsunts
Cash at bartk and in hand
Ctwrenr Assets
12
12.3S6
55.784
19.7331
58.4D7
12.356
138,839
13.1131
148.(*2
4,012
31.858
35.589
71.4S9
17.868
211.680
43.8ao
273.349
19.266
199.128
49,595
267.990
83.055
6.620
89.675
40.983
11.324
53.8D7
14,15
CREOITORS.. Amwntsf•MI
due vjithin oneyEar
13
125821
18.9801
111.5621
11.8691
14.7441
118.1751 117,9601
Net c¥rreni assets I Illabllltlesl
55.825
.696
136.519
695
49,064
255.174
250.030
Tolal •ss¢ts1¢ss ¢4Wfeni li*blili•s
55.825
120.696
176.S19
69.5
278.Z38
524.347
519.204
TOTAL NET ASSETS
55*Z5
IZO.696
176J21
69.589
278.238
524.347
519,204
FUND BALANCES
Unrestr￿ed FtK)ds
General hjnds
Designated f￿d$
Total Unre5tricled Funds
55.8Z5
55,B89
101,926
160,681
60,292
198.23Z
519.205
120.6
176521
RÈstrlrtéd Funds
Endowmertt Funds
Total Funds
69.589
278.238
524.347
The Financial 5tatefflentswere apkyoved tsy the PCC*)n 18 April 1014 aThJwwE Y8Y*d on its beh3W h:
The Re¥'d aaireAlfrwood
Chalrol Pccand Pwie5t ￿(harge
K•th Root
Charity Nrnber.. 1131775
The Notes page 11 to 23 fomi part ofthese actofftts.

ST MARK'S CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS 2023
Note l Accounting Policies
The Parochial Church Council IPCC) of St Mark. Tunbridge Wells, in the Diocese of
Rochester, is a PCC registered with the Charity Commission in England & Wales. The PCC'5
registered number and principal address can be found on the PCC Information page.
The PCC is a public benefit entity as set out in Financial Reporting Standard 105 {SORP
195).
These financial statements have been prepared on an accruals basis under the Charities
Act 2011, in accordance with The Church Accounting Regulations 2006 governing the
individual accounts of PCCS, with the Regulations "true and fair" provisions, and with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102),. I'the
Charities SORP").
In the preparation of these Financial Statements and the Annual Report due regard has
also been given to the guidelines in 'PCC Accountability- The Charity Art 2011 and the
PCC" 5th Edition incorporating SORP 2015, published in 2017 for the House of Bishops of
the General Synod of the Church of England.
The principles adopted in the preparation of the financial statements are set out below.
Going Concern
The PCC has assessed whether the use of the going concern basis is appropriate and have
considered possible events or conditions that might cast significant doubt on the ability of
the church to continue as a going concern. It has made its assessment for a period of at
least one year from the date of approval of the financial statements. In particular the PCC
has considered its forecasts and projections and the possible implications should
projected income and/or expenditure vary unexpectedly. The PCC have concluded that
there is a reasonable expectation that it has adequate resources to continue to operate
for the foreseeable future. The PCC therefore continues to adopt the going concern basis
in preparing its financial statements.
li

ST MARK'SCHURCH. TUNBRIDGEWELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 310ECEMBER 2023
b. Income
Income, which includes planned givin& collections and other donations, is recognised in
the period in which the PCC becomes entitled to receipt, the amount receivable can be
measured with reasonable certainty, and receipt is probable. For the most part income is
generally recognised when it is received by. or on behalf of, the PCC. Income is only
deferred when the PCC has to fulfil conditions before becoming entitled to it or where
the donor has specified that the income is to be expended in a future period.
Income from donations and legacies indudes:
Recoverable Gift Aid including Gift Aid Small Donations Scheme {GASDS). This is
recogni5ed when the re13ted donation is received. Gift aid that has not been recovered bv
the balance sheet date is included as a debtor.
Legacies. Income from legacies is recognised when a distribution is received from
the estate or, if earlier, when the charbty has been notified that a distribution will be made
and the amount receivable can be measured reliably.
Income from charitable activities represents income from parochial fees receivable by the
PCC and the payments made by users of the Community Larder.
Investment income represents income generated by the PCC'S assets and includes income
from bank interest and letting the PCC'5 property.
The PCC relies on volunteers to carry out many of its activities. In accordance with the
SORP, the value of these services has not been included in these financial statements as
they cannot be reliably measured.
Expendlture
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier,
when a legal or constructive obligation for a payment arises provided that it is probable
that settlement will be required and the amount of the obliRation can be measured
Contributions in respect of the diocesan parish offer are included in the Statement of
Financial Activities for all amounts agreed to being payable for the financial year.
The PCC makes grants to other institutions and individuals to further its charitable
objectives. Grants payable are recognised as constructive obligations arise, which is
generally when the PCC expresses a commitment to the recipient that can be measured
reliably and then only to the extent that any conditions associated with the grant are
outside of the control of the PCC.
The cost of raising funds is not significant and has not been separately disclosed.
12

ST MARK'S CHURCH, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Fund accounting
General funds are unrestricted funds that are available for use at the discretion of the PCC
in furtherance of the general objectives of the PCC.
Designated funds comprise unrestricted funds that have been set aside by the PCC for
particular purposes.
Restricted funds are donations that are to be used in accordance with specific restrictions
imposed by donors; they include donations received from appeals for specific activities or
projects).
Endowment funds are donations that are retained as capital in accordance with the
donorfs wishes. The nature of the restriction detenmines whether the endowments
represent permanent endowments or expendable endowment5.
Further details of the funds are set out in notes 16 and 17.
Tangible fixed assets
Consecrated and benefice property
Consecrated and beneficed property of any kind is excluded from the statutory definition
of "charity" by Section 10(2) la) and (c) of the Charities Act 2011. All expenditure on
consecrated or beneficed buildings is written off in the year in which it is incurred.
No value is placed on movable church furnishings vested in the Churchwardens and held
on special trust on behalf of the PCC. Such furnishings, which are listed in the church
inventory, are regarded as'inalienable" property, intended to be held indefinitely for the
PCC'S own use and would, by law, require external consent to be given by the Diocese
prior to disposal. All expenditure incurred during the year on consecrated or beneficed
buildings and movable church furnishings. whether maintenance or improvement, is
written off as expenditure in the SOFA and separately disclosed, where material. The
building and contents of the Church and Broadwater Hall are currently insured to the
value of £17,950,000.
The church halls and certain clergy accommodation are held in trust by the Diocese on
behalf of the PCC. These properties are essential for the mission of the church and have
been in use for many years. Freehold land is not depreciated. Depreciation on freehold
buildings has not been provided in these financial statements as any charge is considered
not rnaterial on the basis that the assets have a residual value, based on their current
value, which is above their carrying value. In the opinion of the PCC the residual values of
the freehold buildings as represented by their estimated current market values are
Significantly in excess of their carrying values.
13

ST MARK'S CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Items purchased or donated for the PCC'S own use are capitalised when the cost of
purchased items, or the fair value of donated items, is more than £2,000 and the item 15
expected to benefit the PCC over more than one accounting period. Depreciation is
charged on a straight line basis so a5 to write down the value of each asset to its
estimated residual value lif anv) over its exDected useful economic life.
Short term deposits
These are cash held on deposit with the bank or the Diocese.
Financial instruments
The PCC'S financial assets and financial liabilities all qualify a5 basic financial instrurnents,
as defined by FRS102. Creditors and debtors are measured at their expected settlernent
value (normally the amount of cash that the PCC expects to pay or receive.
Pension scheme arrangements
The PCC has a NEST pension scheme for its part-time member of staff. It also retains
Ilability to maintain a private pension fund arranged for a previous Children and Family
Worker {See note 16.)
Exemption from preparlng a cashflow statement
There are no non cash flow changes during the year, and as it is not required to prepare a
cash flow statement by the Charities SORP, such a statement ha5 not been included.
The members of the PCC do not consider that there are any material sources of
estimation or uncertainty at the balance sheet date that could result in a material
adjustment to the carrying value5 of assets and liabilities in the next reporting period
apart from work identified in the 2022 Quinquennial Report, which the PCC expect to be
larRely borne by desiRnated and restricted funds.
14

ST MAR￿5 CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Note 2 Incomlng Resources
zo
2023
2022
Desi8n•ted Totsl UR ftestrkted tndowm•rt Tot•1
Total
Plan￿d Givi
Gift aided donations
Tax retoverable
CAF PG
Other PG
Subtotal Planned Ghlni
42.350
10.332
42.350
10.332
5.265
1.316
47.615
11.648
1.400
8.892
69.555
40.554
9.166
1.200
4.510
55,430
8.892
62.974
8.892
62,974
6.S81
Other Voli• Gmni
Colleuions
Cashless
Gift Aided donation
Other tax recovera￿*
Other donations
Legacies
SubtDtal Other
Subtotsl Voluntary Gl¥h
1,555
1,553
1.307
1.357
359
io
1.565
1.553
1.307
1.357
359
3,205
2,491
10,983
3.878
1,735
1,571
6.436
4.022
3.340
938
9.676
2,521
241
6,131
69.105
io
ID
6.141
69.115
15.016
21.598
21.158
90.713
22.103
77.534
Income frorn tharitable artivities
Fe?5 PCC
Voluntary larder receipt5 (Note 71
Subtotal
1.931
1,931
1.931
4,452
1.629
4.577
4,452
LettlnBs of houses and Hall hirings
Broadwater hall
8irlin8 Road Hall letting Inote 81
2 Tudor Court
11 Ramslye Road
Subtot
3.353
3.353
3,353
25,476
14.973
15.073
25.476 58.875
795
19.694
14.470
14,090
49,049
25.476
14.973
15.073
33.399
14,973
15,073
33.399
Interest
Other Income
Grants
1.045
2.286
3.331
1,969
265
1,436
6,735
266
1.107
68
9,278
428
428
4,228
Total Invjme
167.199
15

ST MARK'S CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Note 3 RESOURCES EXPENDED
2023
2D23
2022
Tt)t*l
GF
l)eJ*Mted Total UR
Away GhAni
Qor5eas
Fklme
st Mark's School
Commwl¢Y Larder (note 71
TotalAway Gfvk*
1,553
2,018
838
14,427
3.5S3
2.018
2.598
791
14.344
14.427
Ministry and Ml$40rn
Pati5h Offer
Incumbent Expense5 Ind Vkarage
Children Wofker Pens*)n
Children'swork
TraK¢i
Local Misslon and outreach
Totsl MÉni5try
29.382
4.5SI
29.382
4,551
324
497
29.382
4.S51
324
497
960
1.248
28.272
5.164
49
378
184
1.210
324
497
9fil
1.248
1,248
Church expe￿￿￿￿•
Vpkeep o15eryice5
Music, orRan & copyri8ht
Itbsur•nte
Utilities
Cleaning
Regular makntenarKe
Major repairs & rethoratK¥n
Garden
Managemwt and Admin:
Staff Inote 91
PhoirKopier
Bank Char8es
Accountini Software
Other cos
Miscelaneou5
501
1383
1.183
s￿93
11,538
705
2.088
1,183
SI93
14.440
4,640
492
6,021
zio
723
1.400
5,357
8.980
4,241
432
12,825
1.319
1.183
5.893
11.538
?,￿13
492
6.265
iio
492
6.021
iio
12441
i(K¥
IL114
2.194
274
11.114
2.194
274
150
1.666
1,146
12.114
2.194
274
150
1.666
1.146
10.920
1.943
253
150
1,732
l.(X)3
1,146
Total Church Runnlng Expense5
47.546
257
47.803
3.708
51511
51.278
Hallsand Propertv
Broadwatei hall
BirlinÉ Road h311 INote81
2Tudar Court
11 R3mstye Road
Total Halls and Prop¢rty
Total Church Actlylty
1.232
1.232
240
1.472
45.906
1,733
2,531
1,797
15,994
1,017
5,949
45.￿6
1.733
2,S31
1.733
2,531
240
22.784
91.710
581
92.291
46,906 161,980
130,123
PCC Expèns8S
Total •xp•ndltur•
75
75
75
130.123
16

ST MARfS CHURCH. TU14BRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR EP4DEO 31 DECEMBER 2023
Note 4 Grants Received
2013
2022
FABRIC
Glass Door
i Listed Places of Worship Scheme VAT grant ILPWS)
li Diocesan Missional Property Fund
Total
General Fabri
LPWS grant for VATon repair to spire
2.105
3,500
s,(￿5
{General Fund)
428
COMMUNITY LARDER
i TW Borough Cwncil grant for Community Larder
li Tunbridge Wells Masons
iii Churches for TunbTidge Wells
Total
25￿)
750
500
800
3.800
750
Olher Grants
Diocesan grant towards energy costs
li Listed Places of Worship VAT grant lotherl
TOTAL GRANTS
1,957
966
4,228
9,278
Note S Oetsils of Fund Transfers from General Fund to Designated Fund5
ProNYslon for:
GF Llesig'ed
Major church repairs
15.(KJOI
11 RR Major repairs
16701
670
2TC Major repairs
15201
520
Ministry Fund
18.Th)01 8.c￿0
Total transters In
14,190
Totsl transfers wt
2023
202Z
14,190
6,190
114.1901 (6.1901
114.1901
Note 6 Grants Payable
In 2023 the PCC made the followinz payments twer £2(K•:
From General Funds
Church Mission Society {CMSI- support for our Mission Partners
From Collections at Services {Restricted)
2023
2022
Christian Atd plus Cheques CAF vouchers worth £481 sent direct.
making a total of £1.526. {£297 (iirect in 2022 making a total £1.026)
St Mark's School Yr 6 leaver bibles linc £207 from General Funds in 2022}
Hospice in the Weald
Diocesan Companion Oioceses Fund {Li￿nclnI service
Christmas Charities-
Children's Society
Hospice in the Weald
Operation Noah
Metlecins Sans Frontière5 UK
Tunbrid8e Welb Counselling Centre
Other grants and payments
Total payments
1,045
838
729
690
722
269
630
450
200
200
sio
sio
183
340
6,438
4,478
17

sr mAR￿s CHURCH, TUN8RIDGE WELLS
NOTES TO THE ACCOUP4TS
FOR ThE YEAR ENDED 31 DECEMBER 2023
Note 7 Communlty Larder run Solndy wlth King Charles the Martyr PCC
In August 2020. the PCC established a Communtty Larder jointly with the PCC of King Charles the Martyr in St
Mark's Broadwater Hall. with all funds bein8 processed thro4h St Mark's accounts and included in these
Financial Statements.
£ Income
Donations SO
General Donations
Giftaid and GA505
Customer payments
Interest
Grants (note 4)
Total Incomo
Expendlture
Equipment
2023
75
2022
3.825
3.624
1.342
4.452
187
3.8CKI
17.231
2.185
7.515
1.9D2
4.577
13
750
16.942
Tiainin8
FL￿d Supplies
14,352
14,344
Total Expenditure
14.427
14,344
Surplusl(Deficitl
Bmu8ht Fon¥ard
Carrled Forwwd
2.805
4.314
7.119
2.598
1,716
4,314
Note 8 Birlin8 Road Hall Ar￿Unt
£ Income
Regular Hire
Adh￿ Hire
Interest
2023 2022
234(Kl 18,1
2076
1.694
1.436
204
2023
10,818
1,084
2,428
938
420
4,202
21,799
5.217
46.906
2022
6.122
2,739
2.071
871
830
2,592
769
Gas and Elertricity
Water
Waste C45posal
Insurance
Cleaning
Grounds
Fabric & Maintenance
Admin and Legal fees
Total Ex￿ure
Total Income
26.912 19.898
16.594
Surpluslldeficit)
Brought Forw*d
Carried Forward
119.994
169.058 165.754
149,064 169,058
N￿e 9 Employees and Staff Cost
The number of full time equivalent employees during the year was 0.485. Most of the PCC'S activities are
carried out by volunteers.
Salarfes and Staff Costs
2023
11,736
2022
10,652
Gross salaries
Employer pension contribution
Total
378
268
12,114
10.920
No staff received sèlar*5 at a rate of more than £￿.(￿￿1 per annum.
18

ST MARK'S CHLIRCH. TUNBRIDGE WEiL5
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
P4ote 10 Key Management and Financial Transactions with Member5 of the PCC and related partles
No payments have been made to members of the PCC. apart from the refund of expenditure on
purchases made on behalf of the PCC. and £106 to the Rev'd CLaire Allwood for travel costs to
meeting in Oxford, not connected with the dirert work of the PCC.
Note 11 Tangible fixed assets for use by the PCC
Freeh¢)Id Land and Bulklln8s
2023
Book value at l January 2022
Disposals
Additions
Depreciations
Book value èt 31 December 2023
269.174
269.174
lal The freehold land on which the 8irling Road Hall stands. which is included at its market value of
£IOO.¢JOO as estimated by Church Projects in December 1994:
Ib) The houses at 2 Tudor Court and 11 Ramslye Road, which were purchased in 1997 for use by the
Curate and Youth Minister. These continue to be valued at their purchase prices of £73.0￿ and £75,000
respertively, plus any subsequent improvements at cost. with their current carrying values being £79.174
and £ 90.oixI. The house at 11 Ramslye Road is insured for £196.CKQ and the house at 2 Tudor Court for
£246,0W.
Note 12 Debtors falllnE due within one year
2023
2023
Total
2022
Tax recoverable inc GASDS
Other Debtors
Total Debto
11.952
404
12.356
3.912
i￿)
4.012
15,864
13,912
5,354
19.267
1.500
1.500
17.869
19

ST MARK'S CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Note 13 Credltors: Ilabllltles falling due within one year
2023
2023
Tt)tal
2022
Accruals
Other creditor5
Grant obligations
Total Llabll¢ties
12.0411 18,9801
11411
(4001
11.6501
(2,58ZI 18,9801 {1.869}
1219}
14.7441 115.9831 115,2741
11411 12.0451
12,0501
16411
14.744) (18.1751 {17,9601
Note 14 Bank and Deposit Accounts
The 8irling Road Fund cash is held in current and deposit accounts at Barclays and in a Deposit with the
Diocese.
The three Repaii Fund5 are held in deposit accounts with the Drf)cese.
All other funds are held in current and deposit accounts at Barclays Bank, a depostt account with the
Diocese, and in the Church Office and Community Larder Petty Cash. These are treated as a combined set
of banking accounts within the Finance Ccordinator accounting Svstem. and any accrued interest is
allocated pro rata to funds with an average balance over the year of £2.Otx).
Note IS Notlce Deposlts. Cash at Bank and In Hand
2023
2022
Notice deposits (with a tem of one month or less)
Cash at bank with immediate attess
Petty cash
211.680
43.765
199,128
49,543
53
248,723
25S.480
Note 16 Penslon Commltments
Before the recent relevant pension legislation. a previous children and family Worker was offered a IO% of
salary contribution to 3 personal privately organised pensw scheme. She left before she had set UP such
an arrangemenL and the PCC maintains provision in a desi8nated fund for makin8 a payment into such a
pension, currently standing at £8.89) Iprevhyjs year £8.6061. This is treated as a liability potentially fallin8
due within one year.
The PCC has established an account with the National Employment Savings Trust INEST). and pays an
employer contribution to NEST each month.
20

ST MARK'S CHURCH TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Note 17 Fund5
The Unrestricted Funds comprise the General Fund for day-to-day church
expenditure, and the following designated funds:
Designated Funds
Deslgnated Repair Funds for the church and the two houses, which received
a total transfer of £6,190 in 2023 from the General Fund, the rates
recommended by the Diocese.
The Designated Accommodation Fund contains unrestricted fvnds tied up in
the two houses amounting to £40,0￿.
Three Designated funds for the refurbishment of the church roof, the internal
refurbishment of the church and Broadwater Hall.
The Heatlng Design Fund - provision to fund the design of a new heating
system.
The Ministry Fund
established this year to aid the transition to a 50%
Stipend for the Incumbent in 2024 and 2025.
The Pension Liability Fund - a fund set up to handle the potential liability to
pay into a pension fund for a past employee. treated as a potential liability
within one year.
The Designated Miscellaneous Fund to contain small amount5 of money set
aside by the PCC for short periods.
On 31 December 2023 there was a total of £120,692 allocated to designated
funds. The remaining unrestricted funds. held in the General Fund, amount to
£56,225.
The Restrlcted Funds comprise:
The Children and Family Fund transferred from the Miscellaneous Restricted
Fund5.
Heating Fund. established by a donation towards the replacement of the
current heating system.
The Organ Fund. which consists of funds donated by individual5 for the
purpose of major repairs to or renovation of the Church Organ.
The Pastoral Fund, established from a number of relevant sub funds
previously held in the Miscellaneous Restricted Fund.
The ParSsh Weekend Fund. which consists of funds subscribed or donated to
meet the costs of Parish Weekends and off-site parish events.
21

ST MARK'S CHURCH TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
The Refurbishment Fund, which originated in 1991, and consists of funds
raised to provide for the refurbishment and redecoration of the church. Any
donations to the church at weddings and funerals are posted to this fund.
The Utility Fund was established to hold donations to aid with the major
increase in electricity and gas prices. In 2022 the donation5 were held in the
Miscellaneous Restricted Fund. but then transferred to this Fund in January
2023.
Miscellaneous Restrirted Funds, which consist of amounts donated for a
variety of specific purpose5, where either the residual amounts are small or
the funds are expected to be used within the current year.
The Endowment Funds comprise:_
The Birllng Road Hall Fund. This is considered to be a permanent
endowment, resulting from the revised Deed of Gift of the land for the Birling
Road Hall in 1939, the income from which is required to be used for the
purposes defined in the original Deed of Gift.
The Accommodatlon Fund. This originated with the Gerda Wardill bequest of
a house for a Curate at 18 Hargate Close. In 1992 the PCC spent £20,000 out
of it5 General Funds on improving this property. The house was sold in 1997
and the proceeds, supplemented by donations of £15,000 from the Birling
Road Hall Fund and £15,455 from individuals. were used to purchase houses
at 2 Tudor Court and 11 Ramslye Road for use by the Curate and Youth
Minister. The amount of £20.0(N) invested by the PCC, together with a further
£10,000 representing a proportionate share of the profit on the sale of 18
Hargate Close, and a total of £IO.000 of capitalised refurbishments at 2 Tudor
Court and 11 Ram51ye Road in 2009 and 2013. continue to be treated as part
of the PCC'S unrestricted designoted fvnds. The original bequest and the
contribution from the 8irling Road Hall Fund, including a further £9,000 for
long term improvement5 to 2 Tudor Court in 2005, are considered to be
permanent endowments: the funds contributed by individuals are regarded
as an expendable endowment.
22

ST MARK'S CHURCH. TUN8RIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31 DECEMBER 2023
Note 18 Fund Movement Summary
£ Fund
FoA¥ard
Incoming I￿001¥ Transfef
Carrled
FoThvard
General Fund
55.889 105,910
191.784) 114.1901
55,825
Deslgnated Funds
Accommodation Fund PCC
Church Repair Fund
2 Tudor Court
11 Ram51ye Road
Broadwater Hall Refurb
Church internal Refurb
40.000
41.608
9,857
1,863
1,948
12.162
5.257
8.000
35,585
9,066
1,148
1.948
11,473
5,067
1,023
270
5.000
520
670
244
Heating design fund
Ministry Fund
Pension LW Fund
189
8,000
324
(324)
Miscellaneous Fund
Total Deslgnated
Total Unrestrirted
501
15011
1581) 14.190
{92A65)
104.790
2,2%
160,679 108,206
IZO,696
176.522
Restricted
Children and Families Fund
40
723
Community Larder
Heating Fund
Pastoral Fund
Organ Fund
Parish Weekend Fund
4,315
4,433
1,173
27.119
1,747
11.294
17,230
166
(14,426)
7,119
4.599
1,173
28,135
1,747
13,164
6,869
6,058
1.015
Refurbishment Fund
Utility Fund
Miscellaneous Restricted
1,870
7,070
4.690
13,1431 2,942
(5.216) 12,942)
(22.780)
9,526
Totsl Restricted
60.292
32.081
69,590
Endowment Fuftds
Accommodation Fund
Birling Road Hall Fund
Total Endowment
Total Funds
129.174
169,058
26,912
298,232
26,912
519204 167.199
129,174
149.064
278,238
524,347
146.9061
{46,906)
1162.052}
23