THE AUDITED AccouNTS 2024
Financial Pages
ParothL81 Church Council ol St M8rk'$ R6g8nt'8 Park
A¢countlng Pollcl••
The financlal st8tements have been prepared in ￿COrdance KMih the Chur
Accounllng RegUla￿On8 2006 together wlth 4)plIc8￿6 accc￿nI1r￿j standards and the
SORP 2005.
Funds
R88tricl8d lurKI8 represent (al Inc(¥ne ITc¥n 8 trust whkh may be oxpendod only on
thos6 rostncted objects prO￿ded In Ihe 18mis ol the trust, and Ibl d￿8b￿S or grants
reCe￿d for the speclflc obi6ct or invlted by Ihe PCC for 8 $peclflc oblecl The lunds
may only be expended on the spectflc oble¢l for whlch thgy were given. Any balance
remalnirvj unspenl al the end of each year must b8 carried lorward 88 a b818nce on that
lund. The PCC does nol Invesl separ818ty lor each furKI.
R88tricl8d Fund - Sl P8ncras Land Tru81
St Mark's 15 8 benBfici8ry of tho hl8todc Sl P8ncr8$ L8nd Trust. The income frcyn ihe
trust varles each year and is delemiined by the trusl. These funds are restdcted to
maintenance ol church buildlrrfJs and towards the exp8nse of performSng di￿ne worshlp
In those ￿1￿JIng3.
Incoming resour￿¥
Planned glving, collectlons and donations are r8cogniied when rece￿ed. Tax refund•
are rocoJnised when the incorning resource lo vthich Ihey relate is recelved. Grants
and bg8cies are 8¢counled for when Ihe PCC18 Iwlly frnUUod to tho arn￿nts duo.
other incorne rO￿nIsed when it Is recelvable.
Regourcos expended
The diocesan parish share 18 accountèd for when du8. Ail other expendliure Is generally
recogntted when il Is Incurred.
xed Asseis
Consecratod 8nd benefice wop8ty18 not Indud•d In the 8ccounts In 8ccord8nc8 wlth
8.9212) {8} ol Ihe Ch8rltles Act 1993.
Moveable church fumL8hings hekj by the vlcar arrtl churchwardens on 5pedal trust lor
the PCC 8nd requlre 8 faculty for disW)$818re In81ien8ble prop6ty, listed in Ihe
church's Inventory, wh*h can be Inspected 8t any tlme. The polty io expgnge Items
WTlh a cost of less than £1000.
36

Bal•￿• Sh••t
SAT31 DECEMBER 2024
UrbfgBtrct8d Rosth'cknd
Fund6
Fund•
2024
2023
Nol•
FLXED ASSErs
CURRENT ASSETS
D•btoFT . G'ft Aid
SurKlry D•btors
HSBC CiJrr•nl
HSBC
P•tty Cash
TOTAL CURRENT ASSETS
2,432
6,727
10210
5260
7.323
11,820
18.763
6.513
60
44A79
24,619
LESS CURRENT L￿ILME8
NETWORKING CAPITAL
24,Mg
44A7•
TERM ASSETS IN WIK
C•r• knlJm•bon•l kn*unl- L•nd C8f•
CCLA CBF C of E Deposit account
Vlnus A￿￿￿lmOnt h)r 2017 to CCLA D•p alc
HS8C Bu8in•88 BMNI account
TOTAL TERM ASSETS
1,710
160,685
2270
128.352
18
40.368
170,974
20.000
182,39S
TERM ASSETS
C8F C ol E knv•8th)•nl Fund kncom• Shaf••
L•nd wlth C•r•- Oul on Lo•n
137,620
108OS8
PAJIISH FUNDS. NET ASSETS
Unr•Blrict•d
R•8￿¢*)￿
NET ASSETS
344,704
324.311
344,704
324 J11
Th• r￿118 2 and 3 fom) part ol tr￿8• accounts
provod by lh• Parochlal Church Counc51 on
•nd ¢)n its behthlf by
11am ￿11[101￿ IPCC Ch•innonl •nd Colln Luk• (Hon Tr•8Burerl.
37

St•lThNI k< kn• yw 31 2024
Tgtsl
2ffj2J
PROFrr 4 LO••
IpKo#ip•a AE8OURce8
vr￿￿ry Ir￿
71031
T1¢J31
2406
113248
47W)
78738
KO¥lQ
ICth86
JP 694
120C
18S
T36T
4174
TO
4TJ
81 LAr¢ TN
912
11x3
1fj370
Ir4Dr*t
112$4
R•pwo ￿ Tk)¢••• ¥ur•o•
cl 20171
TOT￿ IMCOMWG RE8OURCe•
18
231 052
112 110
17• 107
SQLVCt• EXPellDeD
(￿Tr ￿P•7￿
1 WO
270
i•lart Pr•bl. Paul
2 122
4 428
7 198
C•Th11
1 417
733
Vvow l••1
30lY
87 992
280•
91 WO
ljhw Prn•ch
l •xpllrn•*
2COO
3076
24
3383
8knk F•••
cID￿drI7
Vl•b•il•
Irthf*¢•
272
3 Sf6
9076
24 752
8829
? 782
12 749
14 YJS
$44S
4J IJST
7825
p￿l￿ty
Fw#Jllw. Qll Ald 10ft4W•
••rvk• orow. P
3•7•LBMI
& Corffirmrurm bts)
Tu, Coff••
1 515
2 832
1 C47
377
1 078
1 350
134
Collg(*a loi L•cfA* 8(hL*•r•
P•l•h LutKh
416
2 10
1x0
lJrwm•• 1 t)th
517
pDrtv
OA*d to WG PAk1 in 2Q26
V•ir4U• l rt¢l FLrtriSwl
TOT*L RelOIMICE8 EXPEIIOED
3250
1221
2 11
246
T w¢o¥w pewuR¢e•
CARRIED FORWAAD FAOII 2023
LAMCES 8IFWO I JAM 1034
13 703
324 311
JJI •14
4• 011
251 0•S
AMCEI CIFWO 31 OEC 2•24
J44 701
324 J11
38

Not•9 to th• accounts
INCOME
Total
Tot81
2024
2023
21 Volunt4ry In¢orn•
Cdlections and DonatiMs - Gift Aid
Cdlections - non gift ald
D￿atIOnS - gfft ald
Sum Up
Leg8Cy
Wall $8fe
Glft Ald r8covef8bl8
42257
4738
6700
5477
38453
6527
12334
363
11496
71 031
12514
76 738
22 Actlvltl•g for g•n•ratlng funds
Easy Fundraising l Book of Remem
Clothes sale
48
2350
1950
Muslc Festival Ir+¢ome
612
2608
2405
23 Incom• from church •ctlvltl••
Mobllo Phone M851- rental
Electrldty p8id by Shared Access
Eleclridty p8id by café
Electrldty p8id by Pineg & Needles
C810 - renlol
Nursery School
Concerts & R6h8arsal8
chU￿h use
Rent frorn AA
Sale of Chdstm88 Trees
14474
11168
1499
18114
10309
36CK)
14400
46311
4112
14389
720
6173
113 246
41188
6817
13085
81Y)
6173
11)0 086
24 Oth•r In¢om• mou￿•*
Listed places of Worshlp
Muslc for weddirwJs
EDC Fr8nce
Verger fee recelved
Printlng recelved
Other Income
1059
12731
1639
13(M)
865
1200
1111
269
16 370
950
4874
39

N(ts• to th• •¢counts
EXPENDITURE
Tol81
2024
Totsl
2023
2.J Vle•rag•
Tho PCC agro•d to Ca8h Ilow
Iho p¥lnb"n9 of thg ￿¢&r•90
In8ié• and out Th• 010￿8•
Pfopety dopl h•• r•p•ld tls shar•.
this y•ar £7000
7.wo
198
7.198
2.6 Chwch Mu•le
Diroctor of Mu•trc
Oih•r Cyganlsts
Choir
Ckgan Maintsn•nc• & Tuning
Shoot mU￿C
Cth•r mubic •¥p•n￿o
Wedding Music- (hgonl3t
W•dding Music- DOM
fvlu•l¢ F•$¥v81 •xptrn8••
11.887
2.370
21.048
1.641
37
835
9275
2.430
12.594
1.755
1.790
5CKJ
525
1,785
Xl.154
3836•
2.7 Dl¢xese ¢hl iarAI
Cornmc￿ Fund
r*•t*ry
Lorthn Dl(Kese Fees
91.3
87.775
217
•7.992
91,300
MaInte￿￿ rA 8uildl
MalnlenaTKe d Gardert
MalntenarKe d Oo(k
Electrld•n
Kltchen
5ouT*J Sysiem
14.445
11,(XJ4
124
180
1.441
4,073
820
205
605
12,74•
2.1
Ga8
Eloctrictty
Wgt•r IVI￿r•￿)
Wjter Ichurthl
T•￿Phtsn• l Bro•dband
13,544
28.832
830
277
774
43,857
7.033
5.926
816
213
14195
2.10 ifvlry
Care Internar￿TraI
Chnst£hurch Munsi•r Squar•
St Som•rB Town
Comn￿nity ¢afé PHCA
Laura RI￿.￿
146
2.ClJO
5th)
500
2CXJ
2.11 V•rkA
Traumj ¢onsuMant
Mic*o01 fvwditS book s•1•
Fvndfil•r (gift aKI
owod on Vicarb •xpfjnsa•
100
60
85
245
40

3 1 DEBTORS- GIFT AID
C*ft claur¢d Bl 8nd to UB 202S
3 2 SLTh4DRY OEBTORS
rwent n F8b from E¢ow {Pknes & Need￿s} for tha Chrwlmaj Tr
twlmt n Fob from Eco8M IP*￿8 & N••dh81 for
ol SuThJry D8btorB
£6 173
£554
£fj 727
J 3 CAIIE INTERNATIONAL- LEND WITH CARE
A108n accourd ofgonrded by b)e th8rrty CARE INTERNATIO
T￿ loan 8co)unt was •et Up in 2015_12K in 2015. 2K in 2017 & 2K in 20211 To¢01 £•0
Tl¥• mow • l•nl oth. ropa•J then Iwrt c¥Jt ￿irL
Cm lh• 1th 01 J￿￿ry 2024 8 fwllk*r £2000 athjed b) thrd
LWKI with Coro cornlanuy updoto the f•3WgN on oiy IKCO￿t Jo tl i• rw)t w•it40 know
the ex#d of our108ns on 31st Doc 2024.
What has b￿n and IJ •rtting in wr 8cix)unt
Ths CBn 8th•r be 1ort out recAl8d rf n88d&J by u8
£1 710
In 8dth)n. e fwltsr £41￿ or jo ID cuFrgnVy out on I￿.
In pr￿A[cO moat al IhiB be r8tum•J to us and 18nl oul aBoin.
A8 wth Ih NiynBI I(￿, thls 15 rwl•d ovar lo three yam.
In 2023. this fwro w48• re(￿d•d In th• bakIr￿ 6hoo18t £2.69?
rt tfAh have b•gn tskfjn oul of the Jh•gt In 2024 for t￿ reowi obov•.
Th fiw8 ar• tru• on thè dat• 7 F•b 202&.
In Iclal £2137) h88 1)w to pfjcplo in AfTU, A￿fj S Amwi
198 tspar8te k)aM have bven m&10
£33 wrltten off kn ￿16 fr(xn b8d d•bt* In Zlmbatrw
£148 was V•Trttw off in 2Q22 Ic* Iwr bod d6bt8 In V•tham
Do￿b0￿ mfAS• to ￿1P Coro Intem8tKJnal *••th th1• ¥KYk.
£560 WHS donotwl lo 1nl8mallo￿I in 2024
CurT•ncy - ￿7
3 4 TERM ASSETS- INVESTMENT
We hAv• Inve8led part of ￿ fB*OTh￿ in th• CBF Ctturth ol ErYJlaThl IrN•glm•nt Fu￿.
£XJ.Crf)O In￿$t￿•￿ Nov 2018 March 2019= 2993. 16 •lwre•
£20.(￿ inw85t•J ￿ Nov ￿20 = 9B6 09 aharea
£30.IY)O I￿•SteAl 2021 = 1459.40
TC1￿ £100.0(Ml = 5438.65 Tknuro8
823.07 Jc4d rm 2109.2021 = £14.000 0(kl8d lo account for Ihg bowKlw w411
Rem•nlr¥J •lwre• 4815.58 valwl by CCLA on 31 Doc 2023 - £108A51
£10.(￿ In¥est•J ￿ J*12024 - 447.44 Ilw0•
£10.DOO irN8sleAI ￿ Feb 2024 = 432.82 •lwrn•
£72.35 Invo•l•d in hpr 2024 - 3 21 shw•8
sho￿ HL*Jir• * 31.12.2024 = 5699.C6
Pfgvw thij w•• rwd•J fyt ctht ol purch••
byth th 8pprovd of Iho &¥j￿Or thèy are bemg r•c(yd•(l ot cury•rt rThwk•t valL*O.
Value•J by CCLA ￿ 6 Feb 2025 - £137.120
That val￿ of lh• th• shar•b al •Th1 of 2023 w88 £1C6,858.
£137 110
tAth al rknor•8 theq• rn•y go up d￿n in fubn.
41

Indepondent examlnorfs roport to the PCC of St Mark's Regent's Park
Thls report on the financial Statements of the PCC for the year ended 31 Décember 2024 is
in respect of an examination carried in Febnjary 2025.
Re8PO¢tlv• rosponslbllltles of th• PCC and tho oxamlner
As members of the PCC you are responsible for the preparation of the financial slalemenls;
you consider that the audit requirement of the Regulation5 and s.43(21 of the Charities Act
1993 does not apply and th8t these accounts are lo be reviewed by an independent
8xamingr.
Independenl oxamlner's statemenl
1. My èxamination included a limited review of thé accounting records and a
comparison of the 8ccounts with these records. I have reviewed the Balance Sheet
and Profil and Loss Account drawn up by the Treasurer. The procedures undertaken
do not provide all the evidence that would be required in an audit and accordingly I
do not express an opinion on the vl8w given by the accounts.
2. On the basis ol this review end discussions with the Treasurer, no matter has come
lo my attention which gives me reason8bl8 cause to believe that in any material
respect the r&quirem8nts lo keep a¢￿untIng ffjcords and lo prepar8 financial
statements which accord with the accounting récords have not been mel, or lo which.
in my opinion. attention should be drawn in order lo enable 8 proper understanding ol
thé a￿Ount8 to be reached.
J8mes Sawtell
Date
2c72g
42