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← The Parochial Church Council Of The Ecclesiastical Parish Of St.mark, Battersea Rise

2025-12-31-accounts

Charity registration number 1135080 (England and Wales)

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ST MARK'S CHURCH BATTERSEA RISE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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Chartered Certified Accountants

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ST MARK'S CHURCH BATTERSEA RISE

LEGAL AND ADMINISTRATIVE INFORMATION

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Parochial Church Council

Rev'd Martyn Layzell (Incumbent) Mrs Jess Hopkins (Church Warden) Mr Colin Veitch (Church Warden) Mr Richard Lowe-Lauri (Honorary Treasurer) Miss Jane Shelley (Honorary (Appointed 15 January 2026) Secretary) Mr Bob McCullough Mr Chris Payne Ms Andrea Saaverda Ms Jessica Spaine Ms Christina Poon

Ms Esther Alade Mr Paul Newton Mrs Nicky McDougal (Appointed 8 May 2025) Mrs Ali Berquez (Appointed 8 May 2025) Mrs Abigail Walker (Appointed 8 May 2025) Mr Sam Higham (Appointed 8 May 2025) Mr Tom Cross (Appointed 8 May 2025)

Charity registration

England and Wales

1135080

Principal address St Mark's Church Battersea Rise London SW11 1EJ

Independent examiner

John Caladine FCCA CTA FCIE

Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1BF

me

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ST MARK'S CHURCH BATTERSEA RISE

CONTENTS

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||||||| |---|---|---|---|---|---| |i| |Page| |Parochial|Church|Council's|report|1-3| |Statement|of Parochial|Church|Council's|responsibilities|4| |Independent|examiner's|report|5| |Statement|of financial|activities|6| |Statement|of financial|position|7| |Statement of cash flows|8| |Notes|to|the|financial|statements|9-24|

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ST MARK’'S CHURCH BATTERSEA RISE

PAROCHIAL CHURCH COUNCIL'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

The members of the Parochial Church Council (PCC) present their annual report and financial statements for the year ended 31 December 2025 together with Independent Examiner's Report which comply with the Charities Act 2011, the Church Accounting Regulations 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1st January 2019).

Aim and purposes

St Mark's Church PCC has the responsibility of working with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church of England, pastoral, evangelistic, ecumenical and social. The PCC also has the maintenance responsibilities for the whole site Including the church, the church hall and the church centre.

Objectives and activities

In planning our activities, the PCC has considered the Charity Commission's guidance on the provision of public benefit by charities for the advancement of religion. All of the church's activities are designed to further our vision, which is to see faith rise, the church rise and the city rise. The review of activities, achievements and performance demonstrates how these activities have touched the lives of many from within the church membership and in the local community.

Achievements and performance

Significant activities and achievements against objectives

The church is open six days a week with services at 10:30am and 5pm each Sunday. Periodically, weddings and events take place on Saturdays. We have continued to live-stream the morning service. Average service attendance was 400 people including children and youth. Activities such as Wandsworth Foodbank, Spear, Wandsworth Mediation Service, Refuge One-Stop Shop Domestic Violence Service and the Women's Drop-In are also happening weekly in the church building.

We held the Alpha Course in person in Spring and Autumn in 2025, with a number of guests coming to faith in Jesus, In addition, we have run the pre-marriage course and the bereavement journey course, Groups continued to meet online and in person.

The church came together for the ‘Focus weekend’ at the end of July held at the Newark Showground with other churches from the HTB Network. The weekend included worship, teaching and ministry including many social activities for family, children and youth. We also hosted a fun day at church for 250 people.

Over the year we had a number of well-received preaching series and several guest speakers. We held several ticketed in person Christmas services with over 2000 attending. During November and December we have our ‘Love Your Neighbour’ Christmas campaign, giving away 1200 ‘bags of kindness’ to people in our local area.

Working in partnership with the Junction Community trust (JCT), we support two central City Transformation ministries: Wandsworth Foodbank and Spear Clapham Junction. St Marks provides the venue, operational support and volunteers for both initiatives.

Financial review

Due to generous giving, we received a total income of £924,012 for the year (£853,207 in 2024). The Standing Committee has monitored the budget closely during 2025 and our total expenditure was £735,691 (£1,003,452 in 2024). We recorded a surplus of £188,321 compared to a deficit of £150,245 in 2024, Our unrestricted reserves as at 31 December 2025 were £415,141 (£173,554 in 2024).

Reserves policy

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The PCC aims to hold unrestricted reserves to the value of a minimum of three months of expenditure. The reserves are monitored on a monthly basis and reviewed at each Standing Committee Meeting and PCC.

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ST MARK'S CHURCH BATTERSEA RISE PAROCHIAL CHURCH COUNCIL'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is registered with the Charity Commission under the registered name of The Parochial Church Council of the Ecclesiastical Parish of St Mark's, Battersea Rise (Registered Charity Number 1135080).

St Mark’s Battersea Rise is a Church of England parish church in the Deanery of Wandsworth, part of the Diocese of Southwark. It has one of the largest congregations in the area and has an active evangelical mission. The correspondence address is St. Mark's Church, Battersea Rise, London, SW11 1EJ.

Members of the PCC are ex-officio, elected by the Annual Parochial Church Meeting or co-opted in accordance with the Church Representation Rules. During the year the following served as members of the PCC;

Rev'd Martyn Layzell (Incumbent)

Mrs Jess Hopkins (Church Warden) Mr Colin Veitch (Church Warden)

Mr Richard Lowe-Lauri (Honorary Treasurer) Miss Jane Shelley (Honorary Secretary) (Appointed 15 January 2026) Ms Jane Beeko (Resigned 8 May 2025) Mr Bob McCullough Mr Chris Payne Ms Andrea Saaverda Ms Jessica Spaine Ms Christina Poon

Ms Esther Alade

Mr Paul Newton Mrs Nicky McDougal (Appointed 8 May 2025) Mrs Ali Berquez (Appointed 8 May 2025) Mrs Abigail Walker (Appointed 8 May 2025) Mr Sam Higham (Appointed 8 May 2025) Mr Tom Cross (Appointed 8 May 2025) Mr Conrad Rasmussen (Church Warden) (Resigned 8 May 2025) Miss Geraldine Payne (Resigned 8 May 2025) Mr Samuel Akinluyi (Resigned 8 May 2025) Mrs Rosalyn Jeffery (Honorary Secretary) (Resigned 15 January 2026)

Recruitment and appointment of trustees

Any member of the church, who is on the electoral roll, can be nominated for election to the Parochial Church Council (PCC) in accordance with the Church Representation Rules. Normaily, a balance of new and established members is elected each year and, if necessary, members are co-opted where they have a particular expertise. Newly elected PCC members are provided with an introduction to the responsibilities of being a PCC member and the way in which the PCC operates, at the first meeting of the year. There are a number of established subcommittees which meet between the full meetings of the PCC. These include the Standing Committee, the Racial Diversity & Inclusion Group (RDI) and the Safeguarding Sub-Committee which report to the PCC on a regular basis.

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ST MARK'S CHURCH BATTERSEA RISE

PAROCHIAL CHURCH COUNCIL'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

The Parochial Church Council's report was approved by the Board of Parochial Church Council.

Mr Richard Lowe-Lauri (Honorary Treasurer) Honorary Treasurer Date: von 22. Peart jhe OG

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ST MARK'S CHURCH BATTERSEA RISE

STATEMENT OF PAROCHIAL CHURCH COUNCIL'S RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025

The Parochial Church Council are responsible for preparing the Parochial Church Council's Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Parochial Church Council to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Church and of the incoming resources and application of resources of the Church for that year.

In preparing these financial statements, the Parochial Church Council are required to:

~ select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Parochial Church Council are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Church and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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ST MARK’S CHURCH BATTERSEA RISE

INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNGIL OF ST MARK'S CHURCH BATTERSEA RISE

| report to the Parochial Church Council on my examination of the financial statements of St Mark's Church Battersea Rise (the Church) for the year ended 31 December 2025,

Responsibilities and basis of report ; As the Parochial Church Council of the the Church you are responsible for the preparation of the the financial statements in accordance with the requirements of the the Charities Act Act 2011. | report in respect of my examination of the Church's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

As the Parochial Church Council of the the Church you are responsible for the preparation of the the financial statements in accordance with the requirements of the the Charities Act Act 2011.

Independent examiner's statement

Since the Church's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. | confirm that | am qualified to undertake the examination because | am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 4 April 2005 which is referred to in the extant regulations but has now been withdrawn. | understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice,

| 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 financial statements to be reached.

John Caladitie FCCA CTA FCIE Caiadine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1BF

Date: cena Lb

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ST MARK'S CHURCH BATTERSEA RISE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2025

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Donations andlegacies
Charitable activities
Investments		 3
4
5		 819,058
86,148
2,213		 16,593
-
-		 835,651
86,148
2,213		 749,461
79,887
2,109		 21,750
-
-		 771,211
79,887
2,109
Total income 907,419 46,593 924,012 831,457 21,750 853,207
Expenditure on:
Raising funds
Charitable activities		 6
7		 2,109
660,778		 -
72,804		 2,109
733,582		 3,452
913,565		 -
86,435		 3,452
1,000,000
Total expenditure 662,887 72,804 735,691 917,017 86,435 1,003,452
Netincome/(expenditure) 244,532 (56,211) 188,321 (85,560) (64,685) (150,245)
Transfers between
funds		 18 (2,945) 2,945 ” (13,654) 13,654 -
Netmovement in
funds		 241,587 (53,266) 488,321 (99,214) (51,031) (150,245)
Reconciliation offunds:
Fund balances at 1 January
2025		 173,554 1,233,041 1,406,595 272,768 1,284,072 1,556,840
Fund balances at 314
December2025		 415,141 1,179,775 1,594,916 173,554 1,233,041 =1,406,595

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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ST MARK'S CHURCH BATTERSEA RISE

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

2025 2024
Notes £ £ £ £
Fixed assets
Property, plant and equipment 13 4,291,222 1,338,389
Current assets
Tradeand other receivables 14 39,837 18,366
Cash at bank and in hand 341,340 142,473
381,177 160,839
Current liabilities 15 (41,483) (44,633)
Netcurrentassets 339,694 116,206
Total assets less current liabilities 1,630,916 1,454,595
Non-current liabilities 16 (36,000) (48,000)
Netassets 1,594,916 1,406,595
The funds of the Church
Restricted income funds 18 1,179,775 4,233,041
Unrestricted funds 19 415,141 173,554
1,594,916 1,406,595

The financial statements were approved by the Parochial Church Council on ee, Bade KO AG

Mr Richard Lowe-Lautrl (Honorary Treasurer) Honorary Treasurer

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ST MARK'S GHURCH BATTERSEA RISE

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2025

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||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Notes|£|E|£|£| |Cash|flows|from|operating|activities| |Cash|generated|from|operations|22|220,952|46,756| |Investing|activities| |Purchase|of property,|plant and|equipment|(24,298)|-| |Proceeds|from|disposal|of property,|plant| |and|equipment|-|372| |Investment|income|received|2,213|2,109| |Net cash|(used|in)/generated|from|investing| |activities|(22,085)|2,481| |Net increase|in|cash and cash|equivalents|198 867|49,237| |Cash|and|cash|equivalents|at beginning|of year|142,473|93,236| |Cash|and cash|equivalents|at end|of year|341,340|142,473|

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ST MARK’S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Charity information

St Mark's Church Battersea Rise is a Church of England parish church in the Deanery of Wandsworth, part of the Diocese of Southwark. The church is registered with the Charity Commission under the registered name of The Parochial Church Council of the Ecclesiastical Parish of St Mark's, Battersea Rise (registered charity number 1135080),

1.1 Basis of preparation The financial statements have been prepared under the Church Accounting Regulations 2006, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Church is a Public Benefit Entity as defined by FRS102. .

The financial statements have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. they do not include the financial statements of Church groups that owe their main affiliation to another body or those that are informal gatherings of Church members.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS102 rather than the version of the Statement of Recommended Practice which is refereed to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Church. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern The members of the PCC continue to review and monitor performance against budget and manage organisational risks. The maintenance of unrestricted reserves equating to more than three months of budgeted expenditure are further evidence that the charity is ina position to continue as a going concern.

At the time of approving the financial statements, the Parochial Church Council have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. Thus the Parochial Church Council continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC, Funds designated for a particular purpose by the PCC are also unrestricted.

Donations received for specific purposes are treated as restricted funds. The purpose of the restricted funds is shown in Note 17 to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Church,

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ST MARK'S CHURCH BATTERSEA RISE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies (Continued)

Voluntary income

Voluntary income, including collections, donations, planned giving and income tax recoverable under Gift Aid is included in the Statement of Financial Activities when receivable.

Legacies are recognised on receipt or otherwise if the Church has been notified of an Impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Income from church activities

Parochial fees due to the PCC for weddings, funerals, etc. are accounted for on an event basis when they are receivable, Funds raised by events and sales of books and music from the Church bookstall are also accounted for when they are receivable.

Investment income

investment income, including recoverable tax, is included when receivable.

Deferred income

Income is deferred when donations or event fees are received in advance of the event or period to which they relate.

Expenditure is accounted for on an accruals basis and is included in the financial statements gross of VAT.

Missionary and charitable giving

The Church's policy is to give away up to 10% of its unrestricted voluntary income, for the purpose of missionary and charitable giving. These grants and donations are allocated by the Mission Committee and provision is made at the year end to account for the Church's stated commitment.

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ST MARK'S CHURCH BATTERSEA RISE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies (Continued)

Consecrated property and movable church furnishings Consecrated and beneficed property of any kind is excluded from the financial statements by $10(2) 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 considered inalienable property and are now capitalized unless consecrated. All expenditure incurred in the year on consecrated or beneficed buildings, whether maintenance or improvement, is written off.

Land and buildings

The Landmarks Project building became operational in April 2007 and depreciation is being provided on a straight line basis over its estimated useful life of forty years.

Office furniture, computing and other equipment

Furniture and equipment used within the church premises is depreciated on a straight line basis over four years, as are moveable furnishings not requiring a faculty for disposal. Church audio visual, organ and other equipment Audio visual equipment and the organ are used within the church premises and are depreciated on a straight line basis over ten years.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Land and buildings (LandMarks Project) Straight line basis over 40 years Audio visual and music equipment Straight line basis over 10 years Fixtures and fittings Straight line basis over 4 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of non-current assets

At each reporting end date, the Church reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current Hlabilities.

Financial instruments are recognised in the Church's balance sheet when the Church becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaclion, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities Basic financial liabilities, including trade and other payables and bank loans are recognised at transaction price. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one yearor less. If not, they are presented as non-current liabilities. Trade payables are recognised at transaction price, Derecognition of financial liabilities Financial liabilities are derecognised when the Church's contractual obligations expire or are discharged or cancelled, 4.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Church is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

In the application of the Church's accounting policies, the Parochial Church Council are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant, Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

3 Income from donations and legacies
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts 813,422 10,593 824,015 748,778 21,750 770,528
Legacies - - - 683 - 683
Grants 5,636 6,000 11,636 - - -
819,058 16,593 835,651 749,464 21,750 771,214
Donations and gifts
Regular giving (Gift
aided) 367,222 5,276 372,498 474,437 - 474,437
Collections and one off
donations (Gift aided) 117,850 - 117,850 81,130 2,795 83,925
Income tax recovered 125,487 ~ 125,487 115,159 - 115,159
Regular and payroll giving
(non Gift aided) 120,121 - 120,121 49,478 - 49,478
Collections (non Gift
aided) 4,426 - 1,426 2,452 2,157 4,609
irregularand other giving
(non Gift aided) 81,316 5,317 86,633 26,122 16,798 42,920
813,422 10,593 824,015 748,778 21,750 770,528

4 Income from charitable activities

Income fromfrom charitable activities
Unrestricted Unrestricted
funds funds
2025 2024
Charitable activities
Fees forweddings etc		 1,883 442
Contibrutions for activities and catering 5,897 7,919
Mobile mastincome
Events and weekends away		 17,285
14,435		 14,475
10,997
Junction Community Trustadmin charge 46,648 46,054
86,148 79,887

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

5 Income from investments

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||||| |---|---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Interest|receivable|2,213|2,109|

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6 Expenditure on raising funds

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||||| |---|---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Fundraising|and|publicity| |Other fundraising|costs|2,109|3,452|

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ST MARK’S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

7 Expenditure on charitable activities

Charitable
activities		 Charitable
activities
2025 2024
£ £
Direct costs
Staffcosts 327,720 494 576
Depreciation and impairment 71,466 82,971
Parish supportfund 400,000 116,000
Clergy housing 5,637 35,041
Clergy expenses 1,375 650
Staffexpenses 7,885 9,423
Heat and light 19,336 27,229
Insurance 8,521 8,233
Church running costs 13,528 15,886
Events, weekends away and catering 32,417 29,439
Worship and production 7,973 11,805
Community ministries and services 14,432 23,077
Children's and youth work 4,269 10,210
ITmaintenance and support 21,229 21,908
Office and administration 11,118 8,605
Building repairs and maintenance 25,298 23,680
672,204 918,733
Grantfunding ofactivities (see note 8) 47,978 68,183
Share ofsupportand governance costs (see note 9)
Support		 7,706 7,480
Governance 5,694 5,604
733,582 1,000,000
Analysis by fund
Unrestricted funds 660,778 913,565
Restricted funds 72,804 86,435
733,582 1,000,000

The main giving platforms used by St Mark's church are: Charities Aid Foundation, Stewardship, GoCardless (used via ChurchSuite), Stripe (used via ChurchSuite), Charities Trust, Giving Force.

The Love Christmas project expenditure of £14,262 (2024: £24,606) is shown under "Grant funding of activities". This was funded by £6,000 (2024: £10,952) restricted donations (see note 11), fnil (2024: £4 0,000) of designated funding from the Mission Giving committee (see note 8) with the remainder coming from unrestricted funds.

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

8 Grants payable
Charitable
activities		 Charitable
activities
2025 2024
£ £
Grants to institutions:
Church Revitalisation Trust
Glass DoorHomeless Charity
DisasterResponse Committee
Junction CommunityTrust
Church ofEvangelical Council
PCC St Pauls Brixton
Tearfund
ChristmasAppeal
Middle East Media
Light(LZ7) ~LindzWest
Powerthefight
Under£1,000
Giving accrualadjustments		 2,000
{00
-
-
>
2,000
-
15,593
4,200
4,200
4,000
1,266
{0,669		 2,000
1,500
4,000
20,000
4,000
-
575
15,954
-
-
-
2,400
8,652
38,028 53,081
Grants to individuals 9,950 15,102
47,978 68,183
Total giving to organisationsfrom restricted fundswas £26,262 (2024: £24,606).
9 Supportcosts allocated to activities 2025 2024
£ £
Bankscharges and giving platformfees
Governance costs		 7,706
5,694		 7,480
5,604
{3,400 43,084
Analysed between:
Charitable activities		 13,400 13,084
2025 2024
Governance costs comprise: £ £
Accountancy
Legaland professional		 1,890
3,804		 1,800
3,804
5,694 5,604

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

9 Support costs allocated to activities (Continued)

Governance costs above include £1,890 (2024: £1,800) for Independent Examination work and £3,804 (2024: £3,804) for other services.

10 Parochial Church Council

See the Related party note for a full list of transactions with trustees and their related parties.

11. Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
9 12
Employmentcosts 2025 2024
£ £
Wages and salaries 296,373 453,056
Social security costs 18,108 23,636
Other pension costs 13,239 17,884
327,720 494,576

Included within staff costs are £7,215 (2024: £1,535) paid for freelance and externally sourced workers.

St Mark's has a close relationship with Junction Community Trust (JCT), the charity which runs Wandsworth Foodbank (WF) and Spear Clapham Junction (SCJ). Certain roles employed by St Mark's provide services that are shared across these asscciated organisations, A review of the cost of shared services used by WF and SCJ was conducted by the PCC and trustees of Junction Community Trust, who agreed to contribute £46,648 (2024: £46,431) for these staff services. This amount is included in the total above charged to JCT and allocated across WF and SCJ.

St Mark's church benefits from the services of many volunteers who work on a regular or ad hoc basis,

There were no employees whose annual remuneration was more than £60,000,

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

13. Property, plantand equipment Landand Audiovisual Fixturesand Total
bulldings and music fittings
(LandMarks
Project)		 equipment
£ £ £ £
Cost
At1January2025
Additions		 2,252,393
6,768		 306,876
15,434		 77,251
2,098		 2,636,520
24,298
At31December2025 2,259,161 322,307 79,350 2,660,818
Depreciation and impairment
At 1 January2025
Depreciation charged in theyear		 982,618
56,479		 244,841
9,530		 70,671.
5,457		 =1,298,130
71,466
At31December2025 1,039,097 254,371 76,128 1,369,596
Carrying amount
At31 December2025		 4,220,064 67,936 3,222 1,291,222
At31December2024 4,269,775 62,035 6,579 1,338,389

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ST MARK’S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

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||||||||| |---|---|---|---|---|---|---|---| |14|Trade|and|other|receivables| |2025|2024| |Amounts|falling|due|within|one|year:|£.|£| |Trade|receivable|including|VAT|reclaim|170|1,008| |Gift|aid|recoverable|36,370|15,897| |Prepayments|and|accrued|income|3,297|1,461| |39,837|18,366| |15|Current|liabilities| |2025|2024| |£|£| |Other|taxation|and|social|security|-|253| |Trade|payables|4,092|4,198| |Other|payables|12,000|12,000| |Accruals|and|deferred|income|25,391|28,182| |41,483|44,633| |16|Non-current|liabilities| |2025|2024| |£|£| |Other|payables|36,000|48,000|

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The balance of £36,000 is due to Southwark Diocese for staff costs which had previously not been passed on to the Church. This balance is payable to the Diocese at £12,000 per year.

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |17|Retirement|benefit schemes| |2025|2024| |Defined|contribution|schemes|£|£| |Charge|to|profit|or|loss|in|respect|of defined|contribution|schemes|13,239|17,884|

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The Church operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Church in an independently administered fund.

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

18 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 January
2025		 Incoming
resources		 Resources
expended		 Transfers At31
December
2025
E £ £ £ £
LandMarks Project
Love Christmas
ACTS435
Other		 4,227,290
“
451
5,300		 -
6,000
2,258
8,335		 (56,479)
(14,262)
(2,063)
-		 -
8,262
-
(6,317)		 1,170,814
-
646
8,318
4,233,041 16,593 (72,804) 2,945 1,179,775
Previousyear: At 1 January
2024		 Incoming
resources		 Resources
expended		 Transfers At31
December
2024
£ £ £ £ £
LandMarks Project
Love Christmas
ACTS435
Other		 1,283,600
-
472
-		 -
40,952
5,498
5,300		 (56,310)
(24,606)
(5,519)
-		 -
13,654
-
-		 4,227,290
-
451
5,300
{284,072 21,750 (86,435) 13,654 4,233,041

LandMarks Project - Historical income in relation to the LandMarks Project consists of pledged giving and capitalised investment of the new building. The building has been operational since 2007 and depreciation is being charged against this fund over a period of 40 years.

Capital Projects - Restricted donations have been made for the replacement of the crypt boiler and for the fire alarm extension to the crypt. The boiler was installed in 2022 and a transfer was made for the balance of this fund, to reflect the capital costs paid from unrestricted funds. Love Christmas - St Mark's received a grant from the Church Revitalisation Trust for the Love Christmas campaign, which involved producing and distributing gift bags to members of the local community. The transfer on this fund represents an overspend, which was covered by unrestricted funds. Other - This fund comprises donations and grants for specific needs (e.g. Vicars discretionary fund).

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

19 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations 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 1 January Incoming Resources Transfers At 31
2025 resources expended December
2025
E £. £ £ £
General funds 173,554 907,419 (662,887) (2,945) 415,144
Previous year: At 1 January
2024		 Incoming
resources		 Resources
expended		 Transfers At 34
December
2024
£ £ £ £ £
General funds 272,768 831,457 (917,017) (13,654) 173,554
~=Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 December 2025:
Property, plantandequipment
Current assets/(liabilities)		 120,414
330,730		 1,170,814
8,964		 1,291,222
339,694
Long term liabilities (36,000) - (36,000)
415,141 1,179,775 —‘1,594,916
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 December 2024:
Property, plant and equipment 111,099 1,227,290 1,338,389
Current assets/(liabilities) 110,455 5,781 116,206
Long term liabilities (48,000) - (48,000)
173,554 1,233,041 1,406,595

20 ~=Analysis of net assets between funds

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

21 ~+~‘Related party transactions

Transactions with related parties During the year the Church entered into the following transactions with related parties:

None of the members of the PCC were remunerated or reimbursed for their expenses in their capacity as PCC members.

The following trustees or key management personnel (KMP) held trusteeships of related organisations, or were connected to people or organisations in receipt of payments from St Mark's:

Trustee Related Trusteeship Related Party Transaction
Rev Martyn Layzell Chair ofJunction
Community Trust		 Martyn’s wife Emily Layzell was employed ona part-time
basis with a salary of£32,947 (2024: £29,416) as Senior
Pastor.
Chris Payne Junction See below
CommunityTrust

Trustee donations

The aggregate amount of donations given by the members of the PCC (the trustees) without conditions amounted to £91,233 (2024: £98,845), These amounts cover the period during which the PCC members served on the PCC, and include any amounts given by spouses. The donors did not attach any conditions to their gifts which required the charity to significantly alter the nature of its existing activities.

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ST MARK’'S CHURCH BATTERSEA RISE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

21_~—~-Related party transactions (Continued)

The following table lists St Mark's "related entities" and shows payments made to and from those entities and sets out the relevant information about the relationship of those entities with St Mark's. Figures in brackets represent Income from Related Entities.

Entity Payments made
or (to) StMark's		 fromNotes
Wandsworth Foodbank 2025: (£27,211) St Mark's allowsWF useofthe building and offices
(WF) 2024: (£26,864) without charge.
WF pays a contribution to cover costs of St Mark's staff
who provide shared services toWF (see Note 11) along
with a contributions to the building maintenance and
running costs. The combined income ofWF and
SCJ is shown in Note 4 underJCT income.
Spear Clapham Junction 2025: (£19,437) St Mark's allows SCJ use ofthe building and offices
(SCJ) 2024: (£19,189) without charge.
SCJ pays a contribution to cover costs ofSt Mark's staff
who provide shared services toWF (see Note 11) along
with a contributions to the building maintenance and
running costs, The combined income ofWF and SCJ
is shown in Note 4 under JCT income.
Southward Diocese SLBC pays the employment costs of Rev Martyn Layzell
or South London and provides accommodation (not shown in the accounts).
Board of Churches
(SLBC) Parish contribution:
2025: £100,000		 St Mark's makes a contribution to the Parish Support
Fund (PSF) to support the ministry ofchurches across
2024: £116,000 the Southwark Diocese.
Manse rent: St Mark's rents accommodation for theAssociate Vicar
2025: Enil and the Church Planting Curate.
2024: £26,644
Staff recharges: St Mark's have also paid a contribution toward the use of
2025: Enil other staffshared with the Diocese.
2024: £40,805
Wandsworth Mediation- St Mark's allowsWMS use ofan office without charge.
Service(WMS)

The transactions listed above for Wandsworth Foodbank and Spear Clapham Junction have been itemised for clarity. It should be noted that Wandsworth Foodbank and Spear Clapham Junction are both administrated by Junction Community Trust, of which The Rev'd Martyn Layzell and Mr Chris Payne are trustees, as detailed on the prior page.

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ST MARK'S CHURCH BATTERSEA RISE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

22 Cash generated from operations 2025 2024
£ £
Surplus/(deficit) fortheyear 488,321 (150,245)
Adjustments for:
Investment income recognised in statement offinancial activities		 (2,213) (2,109)
Depreciation and impairment of property, plant and equipment 71,466 82,971
Movements in working capital:
(Increase)/decrease in trade and other receivables
(Decrease)/increase in trade and other payables		 (21,471)
(15,151)		 59,545
56,594
Cashgeneratedfromoperations 220,952 46,756

23 Analysis of changes in net funds

The Church had no material debt during the year.

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