2023-12-31-accounts

	Page
Parochial Church Council's report	1-3
Independent examiner's report
Statement offinancia I activities
Statement offinancial position
Statement ofcash flows
Notes to the financial statements	9-24

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2023 8	2023 6	2023 8	2022 f	2022 8	2022f
Income from:
Donations and legacies			774,993	8,968	783,961	801,304	10,691	811,995
Charitable activities			84,128		84,128	69,600		69,600
Investments			1,383		1,383	619		619
Total income			860,504	8,968	869,472	871,523	10,691	882,214
Expenditure on:
Raising funds		6	4,622		4,622	5,179		5,179
Chaiitable activities		7	901,916	67,566	969,482	822,945	66,336	889,281
Total expenditure			906,538	67,566	974,104	828,124	66,336	894,460
Net expenditure			(46,034)	(58,598)	(104,632)	43,399	(55,645)	(12,246)
Transfers between
funds			(2,760)	2,760		18,575	(18,575)
Net movement	in
funds			(48,794)	(55,838)	(104,632)	61,974	(74,220)	(12,246)
Reconciliation	offunds:
Fund balances at 1 January 2023			321,562	1,339,910	1,661,472	259,588	1,414,130	1,673,718
Fund balances	at 31
December 2023			272,768	1,284,072	1,556,840	321,562	1,339,910	1,661,472

				2023	2022
		Notes			f.
Fixed assets
Property, plant and equipment		13		1,421,735		1,454,345
Current assets
Trade and other receivables		14	77,909		44,470
Cash at bank and in hand			93,236		180,115
			171,145		224,585
Current liabilities		15	36,040		17,458
Net current assets				135,105		207,127
Total assets less current liabilities				1,556,840		1,661,472
The funds ofthe Church
Restricted income funds		17		1,284,072		1,339,910
Unrestricted funds				272,768		321,562
				1,556,840		1,661,472
The financial statements	were approved	by the Parochial	Church	g / Council on,5-.!.	' /')rL D.! . .V

			2023		2022
		Notes	6		6
Cash flows from operating	activities
Cash (absorbed by)/generated from operations		21		(31,644)		80,611
Investing activities
Purchase ofproperty, plant	and equipment		(56,618)		(69,941)
Investment income received			1,383		619
Net cash used In investing	activities			(55,235)		(69,322)
Net (decrease)(increase in equivalents	cash and	cash		(86,879)		11,289
Cash and cash equivalents	at beginning	ofyear		180,115		168,826
Cash and cash equivalents	at end of	year		93,236		180,115

Income from d	onati	ons	and legacies
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
			6	6	6		6	6
Donations and	gifts		774,993	3,693	778,686	801,304	2,991	804,295
Grants receivable				5,275	5,275		7,700	7,700
			774,993	8,968	783,961	801,304	10,691	811,995
Donations and	gifts
Regular giving aided)	(Gift		482,102		482,102	517,794		517,794
Collections and	one	oif
donations (Gift	aided)		92,847	1,323	94,170	62,879	2,386	65,265
Income tax recovered			121,702		121,702	127,307		127,307
Regular and payroll (non Gift aided)		giving	41,485		41,485	63,599		63,599
Collections (non Gift aided)			1,582	2,370	3,952	1,490	121	1,611
Irregular and other giving (non Gift aided)			35,275		35,275	28,235	484	28,719
			774,993	3,693	778,686	801,304	2,991	804,295

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
					6
Charitable	activities
Fees for weddings		etc		2,799	2,463
Contributions	towards		activities and catering	7,352	8,479
Mobile mast	income			14,647	15,300
Events and	weekends		away	18,879	11,591
Junction Community			Trust admin charge	40,000	31,361
Other income				451	406
				84,128	69,600

Income	from investments
		Unrestricted	Unrestricted
		funds	funds
		2023	2022f
interest	receivable	1,383	619

Expenditure	on	raising funds
			Unrestricted	Unrestricted
			funds	funds
			2023	2022
				6
Fundraising	and	publicity
Other fundraising		costs	4,622	5,179

			Charitable	Charitable
			activities	activities
			2023	2022
			8	F
Direct costs
Staff costs			405,643	409,104
Depreciation and	impairment		89,230	86,161
Parish support fund			116,000	114,000
Clergy housing			34,104	13,202
Clergy expenses			4,046	1,041
Staffexpenses			6,702	13,105
Heat and light			38,025	27,024
Insurance			7,798	7,104
Church running costs			17,607	13,218
Events, weekends	away and catering		60,166	42,432
Worship snd production			8,076	8,914
Community ministries and services			27,333	12,825
Children's and youth work			14,966	11,970
IT maintenance and support			22,362	17,858
Office and administration			10,477	8,322
Building repairs and maintenance			45,136	22,602
			907,671	808,882
Grant funding of activities (see note 8)			49,918	64,059
Share ofsupport	and governance	costs (see note 9)
Support			7,125	5,663
Governance			4,768	10,677
			969,482	889,281
Analysis by fund
Unrestricted funds			901,916	822,945
Restricted funds			67,566	66,336
			969,482	889,281

Grants payable for		Mission Giving
			Charitable	Charitable
			activities	activities
			2023	2023
			6	6
Grants to institutions:
Church Revitalisation		Trust	2,000	2,000
Glass Doors			1,500	1,500
Disaster Response	Committee		1,500	5,000
Carlile College Kenya		(via AMADET UK)	925	1,850
Junction Community	Trust		20,000	19,150
Tearfund			2,000
Enthuse			1,000
Christmas Appeal			6,452
Under 21,000			1,941	2,520
Giving accrual adjustments				(1,905)
			37,318	30,115
Grants to individuals			12,600	33,944
			49,918	64,059

Support costs allocated	to activities
		2023	2022
			6
Banks charges and giving	platform fees	7,125	5,663
Governance costs		4,768	10,677
		11,893	16,340
Analysed between: Charitable activities		11,893	16,340
		2023	2022
Governance costs comprise:			8
Accountancy		1,800	2,880
Legal and professional		2,968	7,797
		4,768	10,677

The average monthly number ofemployees during th	e year was:
	2023	2022
	Number	Number
	14	14
Employment costs	2023f	2022f
Wages and salaries	365,037	367,860
Social security costs	23,433	24,167
Other pension costs	17,173	17,077
	405,643	409,104

Property, pl	ant and e	quipment
			Land and	Audio visual	Fixtures and	Total
			bugdings	and music	fittings
			(LandMarks	equipment
			Protect)
			6
Cost
At 1 January	2023		2,252,393	256,849	71,511	2,580,753
Additions				50,029	6,589	56,618
At 31 December 2023			2,252,393	306,878	78,100	2,637,371
Depreciation	and impairment
At 1 January	2023		869,998	202,006	54,402	1,126,406
Depreciation	charged	in the year	56,310	24,414	8,506	89,230
At 31 December 2023			926,308	226,420	62,908	1,215,636
Carrying amount
At 31 December 2023			1,326,085	80,458	15,192	1,421,735
At 31 December 2022			1,382,395	54,842	17,108	1,454,345

14	Trade and other	receivables	receivables	receivables
					2023	2022
	Amounts falling	due	within one year:		8	6
	Trade receivable	including		VAT reclaim	5,161
	Gift aid recoverable				68,461	42,789
	Prepayments and	accrued		income	4,287	1,681
					77,909	44,470
15	Current liabilities
					2023	2022
					8	6
	Trade payables				4,251	2,475
	Other payables					218
	Accruals and deferred		income		31,789	14,765
					36,040	17,458

		At 1 January	Incoming	Resources	Transfers	At 31
		2023	resources	expended		December
						2023
						6
LandMarks	Project	1,339,910		(56,310)		1,283,600
Love Christmas			3,692	(6,452)	2,760
ACTS 435			4,297	(3,825)		472
Other			979	(979)
		1,339,910	8,968	(67,566)	2,760	1,284,072

The unrestricted	funds ofthe charity comprise the	funds ofthe charity comprise the	unexpended	balances ofdonations	balances ofdonations	and grants	which are
not subject to specific conditions		by donors and grantors as to		how they may be used. These include
designated funds	which have been set aside out of unrestricted				funds by the trustees	for specific	purposes.
		At 1January 2023	Incoming resources		Resources expended	Transfers	At 31 December
							2023f
General funds		321,562	860,504		(906,538)	(2,760)	272,768
Previous year:		At 1 January 2022	Incoming resources		Resources expended	Transfers	At 31 December
							2022
		8				6	8
General funds		259,588	871,523		(828,124)	18,575	321,562

			Unrestricted	Restricted	Total
			funds	funds
			2023	2023	2023
			6	6	6
Fund balances at 31December 2023are represented		by:
Property,	plant and equipment		138,135	1,283,600	1,421,735
Current	assets/(liabilities)		134,633	472	135,105
			272,768	1,284,072	1,556,840
			Unrestricted	Restricted	Total
			funds	funds
			2022	2022	2022
			6	6	6
Fund balances at 31December 2022are represented		by:
Properly,	plant and equipment		114,435	1,339,910	1,454,345
Current	assets/(liabilities)		207,127		207,127
			321,562	1,339,910	1,661,472

None of the members of the PCC were r PCC members.	None of the members of the PCC were r PCC members.	None of the members of the PCC were r PCC members.	None of the members of the PCC were r PCC members.	None of the members of the PCC were r PCC members.	em	unerated or reimbursed for their e	xpenses in	their capacity	their capacity	as
The following trustees or key management were connected to people or organisations					in	personnel (KMP) held trusteeships receipt of payments from St Mark's:	of related	organisations,		or
Trustee			Related Trusteeship			Related Party Transaction
Rev Martyn	Layzell		Chair ofJunction Community Trust			Marlyn's wife Emily Layzell was employed on a part-time basis with a salary off29,640 (2022:827,334) as Senior
						Pastor.
						Martyn's sons Jack Layzell,	Harry Layzell		and Jesse
						Layzell received fO for decorating services (2022:f750,
						8200 and 2625 respectively).
Rev Dan Johnson			none			Rev Johnson is a self-financing	minister	and	was given
						80(2022: 84,800)from the mission giving		committee.
Chris Payne			Junction			See below
			Community	Trust
Daisy Seepersad			none			Daisy Seepersad was the Centre Manager Clapham Junction until 17 June 2022. She			for Spear received a
						salary in this capacity, whilst	a trustee	of	EO (2022:
						52,828)

Cash generated from	operations	2023	2022
		9
Deficit for the year		(104,632)	(12,246)
Adjustments for:
Investment income recognised in statement offinancial activities		(1,383)	(619)
Depreciation and impairment ofproperty, plant and equipment		89,230	86,161
Movements in working	capital:
(Increase)/decrease in	trade and other receivables	(33,441)	10,653
Increase/(decrease) in	trade and other payables	18,582	(3,338)
Cash (absorbed by)/generated from operations		(31,644)	80,611