**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**| **5** ## **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** |**Note**
**Fixed assets**
**Investments**
**5**
**_Total fixed assets_**
**Current assets**
**Debtors**
**CCLA deposit account**
**Cash at bank and in hand**
**_Total current assets_**
**6**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**7**
**Designated funds**
**7**
**7**
**_Total funds_**
**_Other Monetary Assets_**
**Creditors: amounts falling due**
**within one year**
**Creditors: amounts falling due after**
**one year**
**Restricted income funds**|**£**
**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)** |**3.**
**RESOURCES EXPENDED**
**3(a)**
**Church activities**
Missionary and charitable giving
Ministry:
Parish share
Salaries and fees
_(see note belo_
Organists and Music Director
Youth work expenses
Church utility costs
Printing, post & stationery
Church building maintenance
Insurance
SEEK magazine costs
Burial ground
Warm Spaces
Churchyard & gardens
Church Major works
Community centre running costs
Community centre major works
**Total**
**3(b)**
**Generation of voluntary income**
Events and appeal costs
**3(c)**
**Governance costs**
Independent Examination + HR
**Total Resources Expended**
Clergy
Licences & music
Church running|**£**
**£**
**£**
**£**
**£**
**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** 1. Salaries and fees relate to administra�on, Choir Director and youth/families work. 2. 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** |Other creditors
**Total**|**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**|**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**|