2025-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St. Mark, Cambridge.

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

St Mark's Church, Cambridge.

The Parochial Church Council of the Ecclesiastical Parish of St. Mark, Cambridge Registered Charity No. 1134157

Annual Review and Financial Statements for the year ended 31 December, 2025

St Mark's Church, Cambridge.

Annual Report for 2025

Role of the PCC

St Mark's PCC has the responsibility of co-operating with the Priest-in Charge, in promoting within the ecclesiastical parish the whole mission of the Church; liturgical, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for St Mark's Church, St Mark's burial ground and St Mark's Community Centre.

Membership

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting(APCM) in accordance with the Church Representation Rules. During the year the following have served as members of the PCC:

Vicar	Rev Jim Robinson
Assistant Priests	Revd Canon Tom Buchanan
	Revd Andrew Hurst
	Revd Kennedy Emokpaire
Wardens	Sarah Perry
	Nigel Porter
Treasurer	Xanthe Langley
Deanary Synod	Margaret Banks
	Nigel Porter
Church Administrator	Haden Bell
Community Centre
Manager	Xanthe Langley
Safegurading Officer	James Gorick
Members	Jenny Doyle
	Frances Miller
	Hannelore Hägele
	Hilary Murray
	Jon Perry
	Lizzy Jarvis
	Alan Miller
	Ross Smythe
	Eleanor Toye Scott
	Richard Bauckham
	Susanna Buss

Committees

The PCC had eight working groups - Eco Church, Education & Discipleship, Children and families,

Community Centre, Arts Events, Social Events, Visiting, Charities and two Deanery Synod members.

Annual Report for 2025 - continued

Church

During the year, Xanthe Langley has taken over as Treasurer, with con�nued guidance from Sandi Buss, Treasurer of Grantchester Church, who kindly stepped in as Interim Treasurer following Stuart’s death. The Advent Fair was highly successful, and together with the Summer Fair, £1,812.13 was raised a�er costs. The Narthex Door project (£11,454.10) was successfully completed, with generous dona�ons contribu�ng towards the cost. The remaining balance will be covered by the Major Works and Development Fund.

Community Centre

The Community Centre con�nues to be a highly valued and well-used venue, with the space in use daily and further regular bookings an�cipated.

Income from bookings has increased due to the addi�on of a regular ballet class, extra BAWDS bookings, and con�nued interest in casual hire. A new invoice system has been implemented and documents are now generated directly from the financial so�ware. This gives us a daily report of outstanding and paid invoices and makes the process for more efficient.

maintenance. There are also plans to purchase new chairs, varnish the floor, and refresh the paintwork. Quota�ons for all of these works will be presented at the PCC when received.

set of terms and condi�ons for users of the Centre. Work is also planned to redesign and update the Community Centre website to improve accessibility and communica�on.

extend our sincere thanks to everyone who has contributed to its success over the years, with special thanks to David Keeble for his dedica�on and support.

Looking ahead, there are plans for Community Centre informa�on to be included in SEEK magazine. Income previously received from adver�sements in What’s On in Newnham is expected to con�nue through adver�sing opportuni�es within the parish magazine.

Financial Review

Community Centre le�ngs have improved, with a surplus of £8,988 (2024: £7,356).

There was an unrealised loss of £26,380 on investments at year-end, giving total investments of £633,500.41 (2024: £659,881).

Total funds were £762,703.98 (2024: £780,140).

Reserves policy

It is the PCC policy to maintain a balance on unrestricted funds, which equates to a minimum of two months' unrestricted payments to cover emergency situa�ons that may arise from �me to �me plus a further one and a half months' unrestricted payments to cover cashflow fluctua�ons. This equates to approximately £26,500 compared to £126,338.49 held at the year-end. Designated funds could be re-assigned as General Funds if approved by the PCC.

In addi�on, the Community Centre aim to hold a con�ngency fund of 20% of income in the Community Centre bank account. This equates to approximately £6,000 compared to £5477.29 held at the year end.It is the PCC policy to invest fund balances with the CBF Church of England Funds and the CAF Bank Ltd when appropriate.

St Mark's Church, Cambridge.

INDEPENDENT EXAMINER'S UNQUALIFIED REPORT – CHARITABLE TRUST

Independent examiner's report to the Trustees of St Mark’s Church, Cambridge

I report on the accounts of the Trust for the year ended 31 December 2025, which are set out on pages 4 to 9.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 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 procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

to state whether particular matters have come to my attention.

Basis 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 also includes consideration of any unusual items of disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding ofthe accounts to be reached.

Lisa King Burdett King Accountancy Limited 8 The Hamiltons Newmarket CB8 0NF

Date: 24 April 2026

St Mark's Church, Cambridge.

The Parochial Church Council of the Ecclesiastical Parish of St Mark, Cambridge.

Registered Charity No.1134157

Annual accounts for the year ended 31 December 2025

Section A Statement of financial activities	Section A Statement of financial activities	Section A Statement of financial activities	Section A Statement of financial activities	Section A Statement of financial activities	Section A Statement of financial activities
Note Incoming resources Voluntary income 2(a) 2(b) 2(c) Church activities 2(d) *Total incoming resources* esources expended Church activities 3(a) f generating voluntary income 3(b) Governance costs 3(c) *Total resources expended* Gross transfers between funds 7 Gains and (losses} on investment assets 5 *Net movement in funds* Balances b/fwd 1 January Balances c/fwd 31 December Activities for generating funds Income from investments *Net incoming/(outgoing) resources before* *transfers* *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Other recognised gains/(losses)	£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year
	96,211	2,500	7,971	106,682	120,134
	5,717	-	-	5,717	1,255
	21,659	-	-	21,659	21,061
	2,880	29,645	-	32,525	29,380
	126,467	32,145	7,971	166,583	171,830

	114,090	32,937	7,583	154,611	161,596
	1,004	-	-	1,004	398
	2,025	-	-	2,025	300
	117,118	32,937	7,583	157,639	162,294
	9,349	(793)	388	8,943	9,536
	11,519	(11,385)	(134)	-	-
	20,868	(12,178)	254	8,943	9,536

	-	(26,381)	-	(26,381)	14,766
	20,868	(38,559)	254	(17,437)	24,302
	145,788	625,698	8,654	780,140	755,838
	166,656	587,139	8,908	762,703	780,140

St Mark's Church, Cambridge.

The Parochial Church Council of the Ecclesiastical Parish of St Mark, Cambridge.

Registered Charity No.1134157

Section B Balance sheet as at 31 December 2025

£ Unrestricted funds	Total this year Total last year £ £ £ £ Designated funds Restricted funds	Total this year Total last year £ £ £ £ Designated funds Restricted funds	Total this year Total last year £ £ £ £ Designated funds Restricted funds	Total this year Total last year £ £ £ £ Designated funds Restricted funds
	633,500		633,500	659,881
-	633,500	-	633,500	659,881

2,457	1,218		3,675	2,875
75,684			75,684	54,711
16,407	5,477	28,770	50,654	69,302
94,548	6,695	28,770	130,013	126,888

811			811	6,629

93,737	6,695	28,770	129,202	120,259

93,737	640,196	28,770	762,703	780,140

				-
				-

£ 93,737	£ 640,196	£ 28,770	£ 762,703	£ 780,140

166,655			166,655	145,788
	587,140		587,140	625,698
		8,908	8,908	8,654

£ 166,655	£ 587,140	£ 8,908	£ 762,703	£ 780,140

Signed by two trustees on behalf of all the trustees

Signature

St Mark's Church, Cambridge.

Section C Notes to the accounts - 31 December 2025

Note 1 Accounting Policies

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Charities Act 2011 and the Charities SORP.

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law.

Funds

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Designated funds are general funds which have been designated for a particular purpose.

Restricted funds consist of donations received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Incoming resources

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Fixed assets

Consecrated and benefice property is not included in the accounts in accordance with section 10 of the Charities Act 2011.

Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Assets purchased are written off during the year of acquisition.

Investments are valued at market value at 31 December.2025

St Mark's Church, Cambridge.

the accounts - 31 December 2025 (cont)
2. INCOMING RESOURCES 2(a) Voluntary income Tax efficient planned giving Other planned giving Collections at services Charity collections All other giving War Memorial Lighting Appeal Gift Aid recovered Legacies Warm Spaces Other income Total 2(b) Activities for generating funds SEEK magazine (advertising) SEEK magazine (sales) Events and fundraising Total 2(c) Income from investments Dividend income Interest Total 2(d) Income from church activities Fees for weddings and funerals Community Centre income Total General donations Total Incoming Resources	£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year
	57,125		935	58,060	63,236
	4,140			4,140	4,960
	4,040			4,040	2,449
			7,036	7,036	10,488
	2,906	2,500	-	5,406	6,746
				-	-
				-	6,859
	17,350			17,350	18,660
	10,000			10,000	5,400
				-	-
	650			650	1,336
	96,211	2,500	7,971	106,682	120,134

	1,315			1,315	330
	451			451	726
	3,951			3,951	199
	5,717	-	-	5,717	1,255

	18,336			18,336	17,908
	3,323			3,323	3,153
	21,659	-	-	21,659	21,061

	2,880			2,880	3,432
		29,645		29,645	25,948
	2,880	29,645	-	32,525	29,380

	£ 126,466 £ 32,145 £ 7,971 £ 166,582 £ 171,830

St Mark's Church, Cambridge.

the accounts - 31 December 2025 (cont)

£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year	£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year	£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year	£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year	£ £ £ £ £ Unrestricted funds Designated funds Restricted funds Total this year Total last year
		7,036	7,036	11,914
54,663			54,663	52,286
1,159			1,159	404
922			922	897
_w_19,016			19,016	10,976
5,643			5,643	4,248
157			157	134
7,379		204	7,582	5,481
5,132			5,132	3,217
1,062			1,062	1,696
5,098			5,098	1,590
3,375			3,375	2,493
2,627			2,627	2,043
5,955			5,955	142
			-	-
1,903			1,903	2,168
	12,280	344	12,624	43,315
	20,657		20,657	18,592
			-	-
114,090	32,937	7,583	154,611	161,596

1,004			1,004	398

2,025			2,025	300

£ 117,118 £ 32,937 £ 7,583 £ 157,639 £ 162,294

Salaries and fees

Salaries and fees relate to administra�on, Choir Director and youth/families work.
No payments were made to PCC members other than the reimbursement of expenses paid on behalf of the PCC.

St Mark's Church, Cambridge.

Notes to the accounts - 31 December 2025 (cont)

Labour Costs and Payments to PCC members

Salaries, wages and honoraria relate to Youth Workers, and Administrator

Any payments made to PCC members relate to the re-imbursement of Church/Community Centre costs.

Note 5 Investment assets

Fixed assets investments relate to 28,538.24 units of CBF Church of England Investment Fund Value at 31 December 2024: £659,881

Value at 31 December 2024: £633,500 - £659,881 = unrealised gain £26,381

Note 6 Creditors and accuals

Analysis of creditors

Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
This year £	Last year £	This year £	Last year £
811	6,629	-	-
		-	-
811	6,629	-	-

Note 7 Fund movements

	Fund balances b/fwd £	£ Incoming resources	£ Outgoing resources	Transfers	£ Fund balances c/fwd
*Unrestricted Funds*
*General Fund*	£ 145,788	£ 126,466	£ (117,118)	£ 11,519	£ 166,655
*Designated Funds*
CommunityCentre Fund	12,540	29,645	(20,657)	(9,714)	11,814
Narthex Doors		2,500	(11,454)	8,954	-
Major Works & Development Fund	611,487		(27,207)	(8,954)	575,326
Arts&Events Fund	1,671			(1,671)	-
*Total Designated Funds*	£ 625,698	£ 32,145	£ (59,318)	£ (11,385)	£ 587,140
*Restricted Funds*
Mission to Gombe	(226)		-		(226)
Charityof the Month	(1,342)	7,036	(7,036)		(1,342)
Flower Fund	(329)		(204)		(533)
Travel Fund	-				-
War Memorial	-				-
Warm Spaces	134			(134)	-
Music Fund	8,199				8,199
LightingAppeal	1,236		(343)		893
Burial Ground	982	935	-		1,917
*Total Restricted Funds*	£ 8,654	£ 7,971	£ (7,583)	£ (134)	£ 8,908

Total Funds	£ 780,140	£ 166,582	£ (184,019)	£ -	£ 762,703