ST MARK'S CHURCH
BROADWATER DOWN, TUNBRIDGE WELLS
Annual Report
and
Financial Statements
of the
Parochial Church Council
for the year ending 31 December 2024

ST MARK'S CHURCH, TUNBRIDGE WELLS
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Members of the Parochial Church Council
Rev'd Claire Allwood
Louise Garner
Julia Hutchinson
Vicar and Chair of PCC
Churchwarden & Deputy Chair of PCC
Churchwarden
PCC Secretarv
Deputy Warden
To 30 Sept 22024
Catherine R Clayton
Michael Allinson
Elaine Cole
Anthony Richard Edwards
Debbie Marsden
Ed Peltor
David Robertson
Rosina Robinson
Keith Root
Anna-maria Taylor
Katie Trowsdale
Lucy Workman
To 19 May 2024
To 19 May 2024
Safeguarding Officer and Deanery Synod
From 19 May 2024
PCC Treasurer
PCC Secretary
From l October 2024
From 19 May 2024
To 24 October 2024
Deanery Synod
Charlty Comm1551on Number:
1131775
Prlnclpal Address
The Church Office
St Mark's Road
Tunbridge Wells
TN2 SLU
Telephone number
01892 526069
Webslte
www,stmarkschurch.or
Emall
office
stmarkschurch.or
.uk
Safeguardlng Offlcer
Safeguardlng Recrulter
Debbie Marsden
Nicky Fisken
Independent Examlner
Carol Nicholson FCCA
Bankers
Barclays Bank
Calverley Road Branch
Tunbridge Wells
Contents
Page
Charity Information
Annual Report of the Members of the Parochial Church Council
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
io
11-23

ST MARK'S CHURCH, TUNBRIDGE WELLS
ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31 DECEMBER 2024
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 Vicar in promoting in the ecclesiastical
parish the whole mission of the Church, be it pastoral, evangelistic, social or ecumenical. The
PCC is 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
2024 was a year of great celebration at St Mark's, as the living was unsuspended and a new
vicar (part-stipend) licensed at the beginning of May. This was in response to tremendous
growth {more than doubling) in both electoral roll numbers and regular Sunday attendance
since Easter 2019. It was celebrated with many friends from around Tunbridge Wells,
Including representatives of the Borough Council and local schools, In a service wlth the
Bishop of Rochester and followed by a wonderful tea I
Another significant development this year was St Mark's joining the Inclusive Church
Network in the spring. This followed a PCC consultation with the congregations in January,
which was ovenNhelmingly in favour of joining the Network and building more upon an
existing culture of inclusion here.
Attendance at Easter services was higher than in previous years, particularly amongst
families with children, reflecting an increasingly strong relationship with local schools,
particularly St Mark's. Over the year it was also a joy to see greater numbers of family
members attending St Mark's school services in the church.
Both Sunday Club (our fortnightly groups for primary school-age children) and Fire Circle (our
monthly youth group) thrived over the year with enthusiastic regular attendance and a
steady stream of children joining. A Fire Circle pilgrimage for families to Canterbury in the
summer drew a small number but was much enjoyed,
In May St Mark's hosted a Deanery Confirmation Service welcoming candidates and their
supporters from four churches. Over the year it was a delight to celebrate a total of twenty
baptisms (five of which were of adults), six confirmations (two of which were of adults) and
four admissions of children to Holy Communion.

A PCC Away Day at All Saints, Tudeley was much valued in the Autumn. Reviewing progress
against our mission and thinking ahead highlighted the ongoing challenge and opportunity of
both recruiting volunteers and raising sufficient funds to sustain and hopefully increase our
activities into the future. At Harvest, a planned giving campaign raised awareness of church
costs and needs and resulted in a helpful increase in the number of regular givers, but still
left the church facing a deficit this year.
Work to meet community need in the area of food poverty, loss and isolation continued
through our weekly Community Larder (a partnership project with King Charles the Martyr
church) and through our monthly Bereavement Support Group. A variety of social events
took place throughout the year to support relationship-building, including a new monthly
gathering at the parish pub, The Bull, and over the summer, a fortrii8htly gardening club.
Long-awaited work to flx and upgrade the electrics and lighting in the church building was
completed towards the end of the year and brought significant improvements as well as
increased energy efficiency.
Safeguarding has remained a very high priority and Safeguarding Sunday was held in
November. We reflected in our services on the places, people and things which help us feel
safe, how we can make things safer and people we can talk to if we don't feel safe.
Weekly evenings of silent and contemplative prayer were held through Advent before a full
programme of Christmas services. Both the Carols by Candlelight service, led once more by a
scratch Community Choir of all ages and the Christmas Eve Christingle service were hugelv
popular, with almost three hundred attending both. The very active involvement of children
and young people, as readers, singers, sidespeople and on sound was much appreciated. All
donations at our Christmas services were shared between The Children's Society, DAAVS
(West Kent Domestic Violence Service) and The Amos Trust.
Communlty Larder
The Joint Community Larder continues to provide essential food and hygiene supplies to
local families. We support 25-30 visitors we¢kly, with capacity to increase to 60 as needed.
Our supplies come from Fareshare, Tesco, Lidl, and generous donations from the conununity?
though rising costs have impacted finances. Despite a slight drop in user contributions from
this time l(ISt year, we maintain healthy reserves and have received grants of £3,333 from the
Borough Council and £400 from Churches for Tunbridge Wells. Volunteer support remains
strong, with new recruits easing pressure, and we now welcome young volunteers with
enhanced DBS-checked supervision and other safegarding measures in place. With stable
op¢rations and room to grow, wc rcmain committed to supporting our community in this way.
Baptisms, Weddings and Funerals, and the Electoral Roll
In 2024 we were delighted to celebrate twenty baptisms, six confirmations and three
weddings. Two funerals took place in the church and three at the crematorium.
At the time of the APCM on 19 May 2024 there were 131 people on the Electoral Roll, of
whom 51 were not resident in the Parish.

The PCC
Over the past year, the PCC met 9 times in the Broadwater Hall. Our APCM wa5 held on May
19th 2024 in the main body of the church after the 10am service.
In April, following a consultation with the congregation, the PCC formally approved the
application to join the Inclusive Church Network.
At its first meeting after the APCM, the PCC appointed Louise Garner as Lay Vice Chair and,
for one more year, Keith Root as Treasurer. Debbie Marsden agreed to stay on as our Parish
Safeguarding Officer, such an important role in the light of continuing reports of historical
abuse.
The two main events at St Mark's attended by the Bishop
the Licensin8/Collating/
Institution and Installation of Claire as Vicar on Saturday, 4th May, and on Sunday 12th Mav
the Confirmation and Baptism Service with candidates from four other neighbouring
churches, are described elsewhere in this report.
The PCC adopted the House of Bishops 'Promoting a Safer Church Policy Statement, and
then reviewed the Safeguarding Dashboard in September, which took account of the new
national safeguarding standards. Claire and the PCC continually emphasised the importance
of dolng all we can to ensure that St Mark's is a safe environment and to promote that
message to deter any who would pose a risk to the vulnerable.
In September the PCC Away Day was held at All Saints Church, Tudeley to review progress
against our mission and the need to secure further volunteers and raise sufficient funds to
sustain our future work. This was taken forward at the services during Harvest focuslng on
the 8enerous 8ivifbg both financially and of time arbd talent resources.
In October Anna-maria Taylor took on the role of PCC Secretary.
In November, after much delay, the electrical repairs and improvements to the
churchlighting were completed. The PCC also carefully considered our Parish Offer for 2025
and decided that in view of the significant deficit on our General Fund in 2024 (even after
use of much of our past provision to help with the increased costs of Ministry), it could only
maintain its 2023 level of Parish Offer in cash terms.
Financial Oversight and Public Benefit
The PCC continued to monitor the financial situation throughout the year, and in planning its
activities, it has applied the guidance on public benefit issued by the Charity Commis5i0n.
Fabric
This year has seen remedial work across all our church buildings as we commit to
maintaining and improving our church spaces. Key highlights include:
Completion of the remedia5 electrical work in the Church building, in line with EICR
recommendations to ensure our compliance and safety.

A significant investment in the replacement of outdated and inefficient lighting in our
main church building, upgrading fittings to LED units where possible and ensuring that
lighting is available and working in all areas of the church.
A long-planned renovation of the roof at 2 Tudor Court, which will provide long-
term protection and durability.
Extensive redecoration at 2 Tudor Court, enhancing the appearance and usability of the
accommodation.
Looking ahead to the year to come, we have plans to continue improving our facilities to
ensure our buildings remain safe, well maintained and welcoming for all.
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 teams, sacristan team, the finance team, the flower guild, gardeners, the pastoral
visiting team, the pastoral bereavement team, the social committee, 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
At this time of global uncertainty and following positive feedback regarding the Advent
evenings, it seems important to continue to offer a regular space for silent and
contemplative prayer. This is planned in the form of monthly "Silence and Space"
evenings from February. A Lent course on the subject of hope is scheduled and will offer
opportunities to explore aspects of faith and spirituality in community.
Expanding the range of our social events; experimenting with new ideas and broadening
our volunteer base are aims for the coming year, as we seek to offer everyone in our
growing community of all ages, the opportunity to build deeper relationships, to use and
develop their skills, gifts and individual vocations and to contribute to and shape St
Mark's mission as we listen together to the call of God.
We look forward to supporting Amanda Willmont as she is ordained Deacon at Rochester
Cathedral in June, before moving on to her curacy church.
Using all our resources as well as we can for community benefit, remains a focus as we look
forward. It is also essential that we continue to focus on increasing church funds and regular
giving to sustain our work. We continue to seek opportunities to improve wellbeing in the
wider community and to consider and improve our environmental impact. St Mark's
particular focus on building a supportive community for children, young people and families
and working in partnership with our local schools will guide us. All of which fits well with the
wider Diocesan vision to change, serve and grow with compassion, courage and creativity as
we seek first the Kingdom of God.

Financial Review
There were significant increases to expenditure in 2024, the main one being the move to a
50% stipendiary basis for the Vicar, but also higher than expected costs associated with the
maintenance of the two PCC houses, including the re-roofing of 2 Tudor Court. There was
also the completion of the refurbishment of the lights in the Church, for which we received a
grant of £1,030 from the Listed Places of Worship Scheme to cover the cost of the VAT.
The PCC received some generous one-off restricted donations towards the cost of the
Vicar's stipend to add to the £8,000 set aside in 2023 for this purpose. In addition, two
Sundays around Harvest were used to draw the congregation's attention to the planned
giving scheme and the effect of inflation on this income. The outcome resulted in new
standing orders and increase5 to existirbg gifts. Nevertheless, the General Fund at the end of
the year showed a deficit of about £10,000, which we have covered by our General Fund
reserves. The full year value of these new and increased donations will have greater impact
in 2025 and our total outgoings on repairs should be lower, but neverless the 2025 General
Fund budget is expected to be in deficit.
The PCC is addressing this. and looking at possible further ways of reducing its
expenditure, and also exploring areas where it can secure additional income, for
example from the further use of the Broadwater Hall.
The Joint Communlty Larder with KSng Charles the Martyr has continued to run with a team
of volunteers from both churches, It received seven monthly standing orders, amounting to
just under £4,300 in the year. It also received grants from the Borough Council and from
Churches in Tunbridge Wells. Further financial details are given in Notes 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.
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
£40,000 in its General Fund.
Each year, the PCC sets aside provision into designated funds for repairs to the Church and
two houses, at rates advised by the Diocese. These funds are kept in separate Diocesan
deposit accounts. It has also set up some designated funds as provision for future significant
costs such as the replacement of the church heating system.
The remaining Designated, Restricted and Endowment funds are either associated with the
Birling Road Hall, or are set aside for particular non-fabric purposes, such as the newly
established Restricted 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 preparing or reviewing 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
Bishops 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 matters. Debbie support5 the PCC to ensure
that the Diocesan Safeguardin8 Policies are carried out in the parish.
The Parish Lead Recruiter is Nicky Fisken who is responsible for coordinating the Disclosure
and Barring (DBS) process.
Finance - as indicated above, with the current level of planned giving, the General Fund
budget for 2025 Is forecast to be In deficlt, but can be accommodated in the short term by
our reserves. The need for additional funds to expand ministry staff resources and training
will be brought to the congregation's attention during the year.
The PCC will continue to monitor the future requirements for upkeepin8 the major
components of the church fabric.
Structure, Governance and Management
The charity is 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 19S6 (as amended) and the Church Representation Rules.
The appointment of PCC member5 is governed by, and set out in, the Church Representation
Rules. The PCC comprises ex-officio members (which includes clergy and churchwardens),
elected members and co-opted members. The PCC organises elections annually at the
Annual Parochial Church Meeting IAPCM) to fill vacancies. New members are provided with
Various documents outlinino their resDonsibilities as trustees,
Responsibility for setting policy and for determining the parameters within which the charity
should operate, and for making major operating decisions rests with the PCC, which meets
regularly to monitor the activities of the charity. Responsibility for the day to day operation
of the charity has been delegated to the Incumbent and the churchwardens.

Statement of Safeguarding Responsibilities of Members of the PCC
The PCC has complied with its duty under Section 5 of the Safeguarding and Clergy
Oisciplinary Measure 2016 (duty to have regard to the House of Bishops's guidance on
safeguarding children and vulnerable adults).
Statement of Financial Responsibilities 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 Standards (United Kingdom
Generally Accepted Accounting 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 is required to:
I select suitable accountinR policies and apply them consistentlv;
2 observe the methods and principles in the Charities SORP.
3 make judgements and estimates that are reasonable and prudent,.
4 State whether the applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements; and
5 prepare the financial statements on a going concern 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
Reports) 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
rregula rities.
Approval
This report was approved by the PCC at its meeting on 3 April 2025 and signed on its behalf
by:
The Rewd Claire Allwood
Chair of the PCC and Vicar
Date April 2025

INDEPENDENT EXAMINER'S REPORT
TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF
ST MARK'S CHURCH TUNBRIDGE WELLS (The PCC)
I report to the PCC on my examination of the accounts of the church for the year ended 31 December
2024 on pages 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,). The PCC consider
that an audit is not required for this year under section 144121 of the Act, and that an independent
examination is needed.
It is my responsibility to..
Examine the accounts under section 145 of the 2011 Act;
To follow the procedure5 laid down in the General Directions given by the Charity
Commissioners (under Section 14515)(bl of the 2011 Acts; and
To state whether particular matters have come to my attention.
Basls of Independent Examiner's 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 consideration of any unusual
item5 or disclosure5 iri the account5, and seeking explanation from you as trustees concerning anv
such matters. The procedures undertaken do not provide all the evidence that would be required in
an audit 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 examlnerfs statement
I have completed my examlnatlon. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe,.
accounting records were not kept in respect of the Charity a5 required by section 130 of
the Act; or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concernirlg the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'true and fair, view that 15 not a matter
considered as 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.
Carol Nicholson FCCA
Date £1 04. 202

ST MARK'S CHURCH, TUNBRIDGE WELLS
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted Funds
D￿08￿41ed
Fund5
Total
Funds
2024
Totsl
Funds
Gener41
Fwid
Totsl
Pestrl¢ted Endowment
Funds
Funds
Note
INCOME AND ENDOWMENTS:
Donatlons and legacles
Charltable actlvlties
Income from lettings
Bank Interest
other Income
Grants
61,044
1,655
30.047
1.797
loo
383
61,044
1,655
30.047
4.138
i¢yJ
1,414
23,226
3,990
84,270
5,645
55,791
8.582
loo
5,147
J.713
6.383
58,875
6,735
266
4,228
25.744
1,797
2,340
2,647
1.030
3.733
Tot•1 Income and endowments
95,027
3.370
98,397
33,597
27,541
159,535
167.200
EXPENDITURE:
Chariiable activities
Governance Costs
98.676
108
21.606
120,282
108
25.677
15,079
161,037
108
161,981
75
Total expendlture
98,784
21,606
120,390
25,677
15,079
161,145
2.056
Net Incom•l{exp•ndltur•l
3,757
18,236
21,993
7.920
12,462
Gross tranders between fvnds In
Gros$ transfers between fund$ out
6.190
6,190
I6,1￿>
6,190
16,1901
14,190
114,1901
16,1901
Net tr•nsfers between funds 5 TrT
6.190
6,190
Net movement In funds
19.9471 ￿ 121.9931
12,046
7.920
12,462
1,610
5.144
Reconclllatlon of lund$:
Total funds brought forward
55,82S
120,695
176,$20
69,589
278,237
524,346
519.204
Total funds carrled forwJrd
45,878
108.650
154.528
77.509
290.7CM)
S22.737
524,348
In the 50FA and the Balance Sheel. and in the tables in the Note5, the componeni figures may not sum to rhe totals because of
roundings to the nearest £.
The Notes on pages 11 to 23 form part of these accounts.

ST MARK'S CHURCH. TUNBRIDGE WELLS
BALANCE SHEET
AS AT 31 DECEMBER 2024
Not•
Unréstrlcted Funds
R•strl¢ted endowment
Total
Total
G•n•r•l O*stgnated
Tot•1
Vnr•5tr1cl•d
2024
Fund$
Funds
Funds
Funds
2024
2023
FIXEO A55ET5
Tan8lble assets
11,18
40,OCKI
229,174
269,174
269,174
CURRENT ASSEf5
Debtors
Deposit Accounts
Cash at bank and in hand
Current Assets
12
10,447
57,1))8
119,6221
47,833
1,030
83.947
16,9831
77,991
11.477
140,954
I26,6￿)
125,826
4,478
34,505
41.013
79,997
15.955
218.084
35,266
269.304
17,868
211,679
43,8ts)
273,348
42.625
20,8S9
63,484
14.15
REOITOIIS: Amounts falllni
due wlthln one year
13
11,9551
19,3411
111,2961
12.4871
11,9581 115,7411 118,1751
Net current assels I Illabllltles>
114.529
77.509
61,526
S3,5
55,17
Total assèts lus turrent Ilabllttl•i
45,878
108,650
154,529
77.509
Z90,699
522.738
524.347
TOTAL NET ASSETS
45.878
108,650
154.528
77.509
290,699
52?,738
5?4,347
FUND BALANCES
Unrestrlcted Funds
General funds
Designated funds
Total Unrestrlcted Funds
45.878
55,825
120,696
176,521
69,589
278,238
524,348
108,650
154,S28
Restrlcted Funds
Endowment Funds
Total Funds
77,509
290,699
S22,738
The Flnancial statements were approved by the PCC on xx April 2024 and were 51gned on 115 behalf by..
The Rev'd Clalre Allwood
ChaSr of pcc and Vicar
Keith Root
PCC Treasurer
Charity number: 1131775
The Notes on p38e 11 to 23 form part of these a¢¢ounls.
io

ST MARK'S CHURCH, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS 2024
Note l Accounting Policies
The Parochial Church Council (PCC) of St Mark, Tunbridge Wells, in the Diocese of
Rochester, is a PCC registered with the Charity Commission in England & Wales. The PCC'S
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 ISORP
105).
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 Reportlng Standard appllcable in the UK and Republic of Ireland (FRS 102),, ( 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 Act 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.
GolnR 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 f inancial statements.
11

ST MARK'S CHURCH, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income
Income, which includes planned giving, 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.
Recoverable Gift Aid including Gift Aid Small Donations Scheme (GASDS) - This is
recognised when the related donation is received. Gift aid that has not been recovered
by 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 charity has been notified that a distribution will be made
and the amount receivable can be measured reliably.
Income from charltable actlvltles represents income from parochial fees receivable by
the PCC and the payments made by users of the Community Larder.
Investment income represents incorne generated by the PCC'S assets and includes income
from bank interest and letting the PCC'S property.
I ne PLL relies on volunteers to carry out many ot 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 rneasured.
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 obligation can be rneasured
reliably.
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 2024
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
donor's wishes. The nature of the restriction determines whether the endowments
represent permanent endowments or expendable endowments.
Further details of the funds are set out in notes 16 and 17.
Tangible Fixed assets
Consecrated and beneflce property
Consecrated and beneficed property of any kind is excluded from the statutory definitlon
of "charity" by Section 10(2) (a) 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 £19,250,000.
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 material 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 2024
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 £4,000 and the item is
expected to benefit the PCC over more than one accounting period. Depreciation is
charged on a straight line basis so as to write down the value of each asset to its
estimated residual value lif anv) over its expected useful economic life.
Short term deposits accounts
These are cash held on deposit with the bank or the Diocese.
Financial Instruments
The PCC'S financial assets and financial liabilities all qualify as basic financial instruments,
as defined by FRS102. Creditors and debtors are measured at their expected settlement
value (normally the amount of cash that the PCC expects to pay or receive.
Pension scheme arrangements
The PCC has a National Employment Savings Trust ( NEST) pension scheme for its part-
time member of staff.
Exemption from preparing a cashflow statement
There are no non cash flow changes during the year, and as it 15 not required to prepare a
cash flow statement by the Charities SORP, such a statement has 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 values of assets and liabilities in the next reporting period
apart from work identified in the 2022 Quinquenni31 Report, which the PCC expect to be
largely borne by designated and restricted funds.
14

ST MARK'S CHURCH, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 2 Incoming Resources
2024
2024
2023
GF
De51gnated Total UR Re5trlcted Endowment
Total
Total
Planned Glvlng
Gift aided donations
Tax recoverable
34,245
8.861
1.51Y)
12.006
34,245
8,861
I,soo
12,006
5,736
1.194
39,981
10,055
1,500
12.006
47,615
11,648
1,4&)
8,892
CAF PG
Other PG
Subtotal Planned Glvln8
Other Voluntary Glvlni
Collections
Cashless
Gift Aided Donations
Other tax recoverable
Other donations
Le8acles
Subtotal Other
Subtotal Voluntary Glvlng
981
2,011
80
895
465
981
2,011
80
895
465
1,769
6Z7
10,461
3,233
205
2,750
2,638
10,541
4,129
670
3,205
2.491
10,983
3.878
600
4,432
61,044
4,432
61,044
16.296
23,226
20,728
84,270
21,158
90,714
Income from charlt•ble artlvltle5
Fees PCC
Voluntary larder receipts (Note 7}
Other receipts
Subtotal
1,655
1,655
1,655
3,698
292
5,645
1,931
4,452
3.698
292
3,990
1,655
1,855
6,383
Lettints of house$ and Hall hlrlngs
Broadwater hall
Blrlln8 Road Hall lettlng (note 81
2 Tudor Court
11 Ramslye Road
Subtotal
3,750
3,750
3,750
2S.744
12,586
13.711
25,744 55,791
3,353
25,476
14,973
15,073
58,875
25,744
12,586
13.711
30.047
12,586
13,711
30,047
Interest
Other Income
1,797
2,340
4,138
loo
1,414
2,647
1,797
8.582
loo
5,147
6.735
266
4.228
Grants
383
1,030
3.733
Total Income
95,027
3,370 98,397
33.597
27,541 159,535 167,201
Is

ST MARK'S CHURCH, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 3 RESOURCES EXPENDEO
2024
2024
Ttxal
2023
Total
Unrestrlcted
Oeslgnated Total UR
Restrirted Endowment
GF
Away Glvln8
OvÉrsea5
Home
St Mark's School
Communlty Larder (note 71
Totsl Away Glvln8
2,(M]O
2,Ot)o
2,018
1,325
263
15,295
18,901
4,018
1.325
263
15,295
20,901
3,553
2.018
14,427
20.866
2,000
2,000
Mln15try and M15s1on
Parish Offer
Incumbent Expenses and Vi¢ara8e
Chlldren Worker Penslon
Chlldren's Work
Training
Local Mission and outreach
Total Mlnlstry
31.848
5,376
8,000
39,848
5,376
3,000
42,848
5,376
29,382
4,551
324
497
960
1,248
36,963
291
526
1,345
39,387
291
526
1.34S
8,000 47,387
291
526
1,345
50,387
3,000
Church runnln8 exwndttur•
Upkeep of services
Muslc. or8an & copyright
Insurance
Utilities
Cleanlng
Regular malntenance
Major repairs & redecoration
Garden
Mana8ement and Admln..
Staff Inote 91
Photocopier
Bank Charge5
Accountin8 Software
Other costs
Miscellaneous
1,349
895
6.133
9,181
5.072
2,999
1,349
895
6,133
9,181
5,072
2,999
5,606
120
1,349
895
6,133
12,181
5,072
2,999
6,181
140
2,088
1,183
5,893
14,440
4.640
492
6,021
210
3,000
5,606
575
20
120
12,lOS
2,690
241
150
2,458
1,601
12.105
2.690
241
150
2,458
1,601
SO,GOO
I,ioo
13,20S
2,690
241
150
2,458
1,601
12,114
2,194
274
150
1.666
1,146
52,511
Total Church Runnini Expenses
44,995
5.606
3.594
1,100
55,295
Ha115 and Property
8roadwater hall
Birlin8 Road hall (Note 81
2 Tudor Court
11 Ramslye Road
Total Hallg and Proporty
Total Church Actlvlty
I.SS9
1,559
181
1.739
13.979
14,545
4,190
13.979 34,453
15.079 161.037
1,472
45,906
1.733
2,531
51,641
161.981
13,979
6.545
4,190
12,294
98.676
8.iJOO
14.545
4,190
8,000 20,294
21,606 120,281
181
2S,677
PCC Expenses
Total expendllurn
108
98.784
108
21,606 120,390
108
15,079 161,145
75
162,056
25,677
16

ST MARK'S CHURCH, TUN8RIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 4 Grants Recelved
2024
2023
FABRIC
General Fabrlc
LPWS grant for VAT on spire
LPWS grant for VAT on church electrical work
LPWS grant for VAT on Church li8htin8
(General Fund
(General Fundl
{Desi8natedl
428
383
1,030
COMMUNITY LARDER
i TW 8orough Council grant for Community Larder
3333
2.500
li Tunbrid8e Wells Masons
soo
iii Churches for Tunbridge Wells
400
800
TOTAL GRANTS
5.147
4,228
Note 5 Detalls of Fund Transfers from General Fund to Designated Funds
Provlslon for .
GF Deslg'ed
Major church repairs
{s,0001
s,000
11 RR Major repairs
16701
670
2TC Major repairs
{520)
520
2024
2023
Total transfers In
Total tran5fer5 Out
6,190
6,190
14,156
(6,190) 14.156
16,1901
Note 6 Grants Payable
In 2024 the PCC made the followln8 payments over £200:
From General Funds
Church Mlsslon Soclety ICMSI - support tor our Misslon Partners
From Collectlons at Servlces IRe$trl¢tedl
2024
2023
2,000
z,000
Christian Aid plus Cheques CAF vouchers worth £324 sent dlrect, makln8 a
total of £1,026.
St Mark's School Yr 6 leaver bibles
Hospice in the Weald
Diocesan Companion Dloceses Fund (Licencing service)
Christmas Charities:
Children's Society
Médecins Sans Frontières UK
Tunbridge Wells Counselling Centre
Domestic Abuse Volunteer Support Services
Amos Trust
Other grants and payments
Total payments
702
263
1,045
868
722
781
790
630
sio
510
535
535
183
5.606
6,438
17

5T MARK'S CHURCH, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 7 Communlty Larder run Jolntly with King Charles the Martyr PCC
In Au8USt 2020, the PCC established a Community Larder jointly with the PCC of King Charles the Martyr in St
Mark's Broadwater Hall, with all funds being processed through St Mark's accounts and included in these
Financial Statements.
£ Income
Donations SO
General Donations
Gift aid and GASDS
Customer payments
Interest
Grants {note 4)
Total Income
2024
2023
4,295
3,825
940
3,624
1,246
1,342
3,698
4,452
236
187
3.733
3.8(K)
14,149 17 230
Expenditure
Equipment
2024
2023
75
Training
24
Food Supplies
15,271
14,352
Total Expenditurè
15.295
14,4Z7
Surplusl(Oeficlt)
Brought Forward
Carrled Forward
1,146)
7,119
5,973
2,598
4.314
7,119
Note 8 Blrllng Road Hall Account
£ Income
Regular Hlre
Adhoc Hire
Interest
2024
24,564
1,180
1,797
2023
23,400
2,076
1,436
Expenditure
Ga5 and Electricity
Water
Waste Dlsposal
Insurance
Cleaning
Grounds
Fabric & Maintenance
Admin and Legal fees
Total Expendlture
2024
Z023
5,671 10,818
4,172
1,084
2,797
2,428
767
938
420
4.202
S72 21,799
1,100
5,217
15,079
46.906
Total Income
27,541 26 912
Surplusl(deficlt)
8rou8ht Forward
Carried Forward
12,463 (19,9941
149,064 169,058
161.527 149.064
Note 9 Employees and Staff Cost
The number of full time equivalent employees during the year was 0.485. Most of the PCC'S actlvities are
carried out by volunteers.
Salarles and Staff Cost$
2024
12,819
2023
11,736
Gross salarles
Employer pension contribution
Total
386
378
No staff received salaries at a rate of more than £60.000 per annum,
18

ST MARK'S CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 10 Key Management and Financial Transactlons wlth Members of the PCC and related parties
No payments have been made to members of the PCC other than the refund of expenditure on
purchases made on behalf of the PCC, and expensesto the Vicar for items unrelated to being chair of
the PCC.
Note 11 Tanglble flxed assets for use by the PCC
Freehold Land and Buildlngs
2024
Book value at l January 2023
Disposals
Additions
Depreclations
Book value at 310ecember 2024
269,174
269,174
(a) The freehold land on whlch the Blrllng Road Hall stands, which is included at its market value of £lOO.000
as estimated by Church Projects in December 1994;
Ibl 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 £73,000 and £75,000
respectively, plus any subsequent improvements at cost, with their current carrying values being £79,174 and
£ 90,000. The house at 11 Ramslye Road is insured for £196,000 and the house at 2 Tudor Court for
£246,000.
Note 12 Debtors fallln8 due within one year
2014
Desig'd Restrlrted Endowment
2024
Total
2023
GF
Tax recoverable inc GASDS
Other Debtors
Total Deblors
9.941
507
10,448
4,427
50
4,477
14.368
1,587
15,957
15,864
2,004
17,869
1.030
1,030
19

ST MARK'S CHURCH. TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 13 Credltors: Ilabllltles falllng due wlthln one year
2024
GF Deslgn'd Restrlcted Endowment
2024
Total
2023
Accruals
Other creditors
Grant obli8ations
Total Llabllitles
11,9551
11,9581 13.9131 {7.0931
19,969) 19,0311
11.8601 12,OSO}
(1.958) 115,7421 (18,174)
19,341)
16281
11,8601
11,9SS) 19,341) (2,488)
Note 14 Bank and Deposit Accounts
The Birling Road Fund cash is held in current and deposit accounts at Barclays and in a Deposit with the
Diocese.
The three Repair Funds are held in deposit accounts with the Diocese.
All other funds are held in current and deposit accounts at Barclays Bank, a deposit account with the Dlocese,
and in the Church Office and Community Larder Petty Cash. These are treated as a combined set of banking
accounts within the Finance Coordinator accounting system, and any accrued interest is allocated pro rata to
funds with an average balance over the year of £2,000.
Note 15 Notlce Deposlts, Cash at 8ank and In Hand
2024
2023
Notice deposits (with a term of one month or less)
Cash at bank with immediate access
Petty cash IPCC and Larder)
218.083
35,211
54
253,348
211.680
43,765
34
255,480
Note 16 Pension Commitments
The PCC has established an account with the National Employment Savin8s Trust INESTI, and pays an
employer contribution to NEST each month for its part time employee.
20

sr MARK'S CHURCH TUNBRIDGE WELLS
NOTE5 TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note 17 Funds
The Unrestricted Funds comprise the General Fund for day-to-day church
expenditure, and the following designated funds:
Designated Funds
Designated Repalr Funds for the church and the two houses, which received
a total transfer of £6,190 in 2024 frorn the General Fund, the rates
recommended by the Diocese.
The Deslgnated Accommodatlon Fund contains unrestricted funds tied up in
the two houses amounting to £40,000.
Three Designated funds for the refurbishment of the church roof, the internal
refurbishment of the church and 8roadwater Hall.
The Heatlng Deslgn Fund - provision to fund the design of a new heating
system.
The Ministry Fund- established in 2023 to aid the transition to a 50% Stipend
for the Incumbent in 2024 and has all been used this year.
The Penslon Liablllty 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.
On 31 December 2024 there was a total of £108,650 allocated to designated
funds. The remaining unrestricted funds, held in the General Fund, amount to
£45,878
The Restrlcted Funds comprlse:
The Children and Family Fund transferred from the Miscellaneous Restricted
Funds.
Heating Fund, established by a donation towards the replacement of the
current heating system.
The Organ Fund, which consists of funds donated by individuals 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 Parish Weekend Fund, which consists of funds subscribed or donated to
meet the costs of Parish Weekends or off-site parish events.
The Refurbishment Fund, which originated in 1991, and consists of funds
raised to provide for the ref urbishment and redecoration of the church. Any
donations to the church at weddings and funerals are posted to this fund.
21

ST MARK'S CHURCH TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The Utility Fund was established to hold donations to aid with the major
increase in electricity and gas prices. In 2022 the donations were held in the
Miscellaneous Restricted Fund, but then transferred to this Fund in January
2023.
Miscellaneous Restricted Funds, which consist of amounts donated for a
variety of specific purposes, where either the residual amounts are small or
the funds are expected to be used within the current year.
The Endowment Funds comprise:.
The Birling 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. Thls originated with the Gerda Wardill bequest of
house for a Curate at 18 Hargate Close. In 1992 the PCC spent £20,000 out
of its 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 £20,000 invested by the PCC, together with a f urther
£10,000 representing a proportionate share of the profit on the sale of 18
Hargate Close, and a total of £10,000 of capitalised refurbishments at 2 Tudor
Court and 11 Ramslye Road in 2009 and 2013, continue to be treated as part
of the PCC'S unrestricted designL7ted funds. The original bequest and the
contribution from the Birling Road Hall Fund, including a further £9,000 for
long term improvements 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, TUNBRIDGE WELLS
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31 DECEMBER 2024
Note 18 Fund Movement Surnmary
É Fund
Brought
FoThvard
Carried
Forward
Incoming
Out80in8
Transfer
General Fund
55,825
95,027
98,784
(6,190)
45,878
Designated Funds
Accommodation Fund PCC
Church Repair Fund
2 Tudor Court
11 Ramslye Road
Broadwater Hall Refurb
Church internal Refurb
40,000
41,608
9,857
1.863
1,948
12,162
5,257
8,000
40,000
48,026
2,628
2,609
1,948
7,967
5,471
1,418
251
76
5,000
520
670
(8,000)
1,411
214
(5,606)
Heating design fund
Ministry Fund
(8,000)
Total Deslgnated
Total Unrestrlrted
120,697
176,522
3,370
21,6061 6,190
98,397 (120,3901
108,650
154,529
Restrlcted
Children and Families Fund
Community Larder
Heating Fund
Ministry Fund
Organ Fund
Parish Weekend Fund
Pastoral Fund
Refurbishment Fund
Utility Fund
Miscellaneous Restricted
723
47
770
7,119
4,599
14,149
184
(15,295)
5,973
4,783
8,633
29,279
1,747
1,173
14,995
4,087
6,066
11,633
1,145
(3,000)
28,135
1,747
1,173
13,164
6.869
6,058
1,831
218
(3,000)
(4,382)
25,673)
4,389
Total Restrirted
69,589
33,596
Endowment Funds
Accommodation Fund
Birling Road Hall Fund
Total Endowrnent
Total Funds
129,174
149,064
27,541
(15,079)
278.238
27.541
115,0791
524,348 159,535 1161,1451
129.174
161,526
290,700
522,738
23