CHARITY REGISTRATION NUMBER: 1164416
The Parochial Church Council Of The Ecclesiastical Parish
Of St Mark, Bedford
Unaudited Financial Statements
31 August 2024
COLLETh HULANCE
Chartered Certified Accountsnts
40 Kimbolton Road
Bedford
MK40 2NR

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark. Bedford
Financial Statements
Year ended 31 August 2024
Page
Trustees, annual report
Independent examinerfs report to the trustees
Statement of financial activities
Statement of financial position
10
Noles to the financial statements
11
The following pages do not forni part of the financial statements
Detailed statement of financial activities
22
Notes to the detailed statement of financial activities
24

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Trustees. Annual Report
Year ended 31 August 2024
Th6 Irustses present their report and the unaudited financial slatern8nls of the charity for the year
ended 31 August 2024.
Reference and administrative dètails
Registered charity nam•
The Parochial Church Counal Of The Ecclesiastical Parish Of Sl
Mark, Bedford
Charity registration number
1164416
Prlnclpal ofllce
st Marks Church Community Centre
Calder Rise
Bedford
MK4t 7UY
Th8 trusto•s
Rev CarK)n C Royd8n
hAr l Farthing
MrsJRDay
Mrs M Stewart
Mrs E R Bean
Mrs A Williams
Mr V Hollow8y
Rev Dr G R Cappleman
Mr M J Cooper
Mr J Wiliams
Mrs M Appleton
Mrs W C Waters
Mrs J E R Ibberson
Ms M P Prlor
Mr M J wa￿en
Mrs J Warren
Rev A Kirk
Mr5 L Seymour
Mi B Southam
Mrs L Farthing
Mrs J E Kirk
Dr T Wilkes
Mrs D Johnson
Independent examiner
Andrew Upton FCCA

The Parochial Church Council Of The Eccleslastlcal Parlsh Of St
Mark, Bedford
Trustees. Annual Report {contlnuedJ
Year ended 31 August 2024
StruthT8. govemance and management
Sl Mark's Church is a registered charity 111644161 known Bs The Parochlal Church Councll of the
Ecclesiaslic81 Parish of St Mark, Bedfortl, also known as St Mark's Chufch Community Cenlre. The
structure, governance and management of Sl Mark's is determined by the rules of the Church of
England, in particular the Church Representation Rule5. Govemanee is provkyed by tho Vicar, Church
Wardens and the PCC.
Day lo day management is the responsibility of the Vicar, Associate Priest and other members of the
Church Leadership Team. The Leadership Team is compTised of the ordained clergy, Church
Treasurer and Assistant Treasurer, Church Wardens and additional Wardens in Waiting ejected al the
Annual Parochial Church Meeting IAPCMI.
Membèrship of thè PCC
Members of the PCC are the Trustees. elected by the Annual Parochial chU￿h M8eting in
accordan¢8 witr the Church R8pr8S8ntation Rules Dr are exwofficio. The following people served as
membÈrs of the PCC for all or part of thè year..
Vicar
The Reverend Canon Charles Royden
Associate Priest
The Reverend Dr Graham Robert Isaml Cappleman
Church Wardens
Janel Warren
Ellzabeth Bean
Elected representatives of the Deanery Syn(Kl
Lynne Seymour
Dr TI￿thY Wilkes
Elected PCC Members ITrust8es)- See list on page 1
Church Treasurer
lan Farthing
Wardens in Waiting
The Reverend Alan Kirk
Bary Southam
Lynne Seymour
Dkana Johnson

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Trustees. Annual Report (contwvedj
Year ended 31 August 2024
Objectives and activiti•s
Sl Mark's Church Communty Centre will be a foLJndalion and resour￿ for the ￿slINe devebpment
and groTrNth ol the individual and community Life. We will do this by..
al the Ce￿bration of public worship and sacramants:
bl the leaching of the Christian faith.,
c) promoting and supporting the Christian mission aThJ evangelism..
d) pastoral work (induding vistting th8 sick and the bereavedl-
e) Ihe provision of faeilities with a Christian ethos for the local community (including. but not restricted
lo, the ekjerly, the young and other groups with disabilities andlor special ne8ds)-
fj Ihe provision of a sacred space for personal prayer and conlemplath)n.'
g) prgmoting the whole mission of the Church through provision of activities for senior citizens. parent
and toddlers and special needs groups..
h) supporting other charilles in the UK and overseas..
il the taking of religious a5$emblies in sch¢X)Is.'
These objects are futfilled through regular weekly worship, including the occasional offices. 8nd 8 wide
range of activities and events suppo￿"ng and promotsng the positive developmenl and growlh of the
individual and community life.
Throughout the year the way in which th8 objects of the charity are belng fulfilled Is monhored by
Leadershlp Team overseen by the PCC as Twstees to whom Ihey regularfy report.

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Trustees. Annual Report (¢onllnu*
Year ended 31 August 2024
Achlevements and performance
We started our year al Sl Mark's Church in September 2023 with our annual Harv8st Festival Missio
Service followed by Dur Hog Roast. Once again we welcomed a large gathering of both members of
Ihe cx)ngregalion, families and friends.
We are pleasecl to report that Surmjay 88Tvice8 continue lo b8 well attended, 8nd w8 have a significant
number of people who join us online via our YouTube Channel, YouTube.comlslmarksbedford. Our
midweek Wednesday moming worship is entirely online and supported by a loyal congregation. Our
church outreach is truly worldwide with over 10,000 visits each month lo our website, signthcanlly our
most visf(ed resource is our weekly prayers. The P8rish News letter each week is also circuL4led to
176 people who apprecpale the infom)ation. prayers and Bible study commentsry.
Special services take place throughout Ihe year to worship through the Christian lectionary and
season. Our Commemoration Service for All Saints was held on 6 November al which we welcomed
The Reverend Sarah Burrow. Our cong￿gation values the opportunity for deeper Biblical Studies and
thi5 year we IcKJked al the Magnificat al Advent and Stslions of thè R8surrection during Lent.
St Mart's Annual Congregational Meeling was held on 24 Aprll and we were dellghled lo have 40
peDpI8 in attendance. The hlgh attendance was repealed at our Ghurch Council meetings held durlng
the year after church seryice and we are pleased that our electoral mll stands at 134 members. Our
Easter Services show9d continued growth in numbers of people joining us for worship.
The Church Community Centre continues lo be a vibrant hub for our bcal area and we much
appreciate the dedication and hard work ol all our volunteers. This year we were particularly delighted
that our Treasurer Mr lan Farthing was recognised by his Majesty King Charles 111 with the award of an
honour. lan received the British Empire Medal in recognition of over 25 years leading our church the
Pre School and providing his considerable financial expertise.
We have appreciated numerous social evening5 and our quiaes 8rg aKvays well attènded. These
raise money to help support our church mission and ministry. We also recognise the Importan￿ of
fundraising for others and this year we raised £3.894 to Emmaus lo help with their work wrth the
homeless. We also continue with our ongoing support and financial assistance for Bedford Foodbank.
We are grateful to all of the people who contribute towards our fundraising at special limes of the year
including Chrislmas, Easter raffles and the sale ol Christmas crafts antj cards throughout the year.
Our 50150 fundraiser has continued lo attract new rnembers and we agreed to allocate funding
towards provision of new seatiry.
Our buildings are well maintained bul there is always more work to be done. Throughout the year we
have made signrficant investment in our electrical, hèating and lighting. W8 also upgraded our Audio
Visual facilities in the main church hall which has made a significant improvement to our services and
presenlalions. This was made possible by a generou5 donation from a member of the congregation.
We recognise how fortunate we are at St Mark's to enjoy the financial support of so many generous
members of of our congregation who continue lo give weeklylmonthty and grft ald Ihelr donations. Thls
enables us to conllnue lo provlde our mlsslon and ministy at Sl Mark's.

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Trustees, Annual Report lcont1m￿Ij
Year ended 31 August 2024
Safeguarding
With the national news regarding failures in the wider church regarding safeguarding, St Mark's
conlinues to ensure th81 this is 8 priority. The Tru51ees and the Church Council IPCCI has compliecl
with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have
due regard to the House of 81shops' guidance on saleguarding children and vulnerable adults) and
have adopted the Church of England and Diocesan poliGies 'ProleGling all God's Children. and
'Promoting a Safer Church" which have b88n r8viewÈd in thè past 12 monlhs by the Church Council.
Our Parish Safeguarding Officer and all Trustees have undertaken the Diocesan Safeguarding
Training and where approprialg additional training including Domestic AbLtse training. The St Mark's
Pre-school has comprehensive Safeguarding policies aThJ staff have been trained in Ihese policies and
procedures.
Tho Church Community Contre
St Mark's C￿tinUeS to be faithful to the phrase The Church In the Communlty and the Community in
the Church., The Church Community Centre continues to operate 81 full capacity. This year we were
able lo provide a new canopy sun shelter for oui Pre School
and
Pre School
Our church Pre School contin￿5 to have high numbers of attendance, and we recognise the
importance of this provlsSon lo support Ioc81 famllies. Early Years PfovSsion conllnues lo operate In 8
very challenging environment. not leasi financially, and we are grateful lo all of the staff and
management for their dedication. It is apparent that we could also not operate successfulty withoul the
support of a dedicated team of voluntèèrs.
Garden of Rem•mbrance
The Garden of Remembrance ha9 conllnued to be extremely well us8d arNJ is a vital Sour￿ of comfort
lo many localty families. This year we have increased the provision with the addrtion of new kerb plots.
The popularity of these kerbs suggests that this will be an addition lo our Garden in subsequent years.

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Trustees, Annual Report l¢onlinued)
Year ended 31 August 2024
Flnanclal rev
The unaudited financial 5tatemen15 Show net income for the year lolalling £15.250 {2023 £22,375).
Income strèams have continued lo be sleady and we are grateful as aK¥ays for the continuing
commilrnenl anol gengrosity of our congregation in providing financial SUPPDrt for our mission and
ministry al Sl Mark'5. Fundraising activities have continued throughout the year through the sale of
craft items. cards, Easter and Christrnas Raffles and quizzes. Proceeds from our monthly 50150
fundraisiro draw has paid for the additk)n of arm5 on 25 church chairs al a Gosl of £2,088.
We were fortunats to receive 8 generous donation of £8,667 from a member of our congregatlon to
allow for the upgrading of our Audio Visual facillties.
Utility costs in the current climate have once again been challenging, however during the year we
were able to finally resolve a long standing matter with our gas supplier over an issue with our meter
readings. We ¢onlinue to look at ways to manage and reduce heating and lightsng wsts.
Pre School operdtions after adjustments showed a loss of £3,509. however a further £7,500 was
retLJrned to the main church reserves during the year following the previous Redundance Reserye top
up (£39,200) and 811 hire costs lo the church were covered. The Early Year5 Environment continues to
be exlremety challenging from a funding perspective with increases lo Nl contributions and National
Living Wage not covered by incieases in Govemmenl funding. Pre School operations are c105ely
monitored by the PTe School management team.
The Garden of Remembrance has continued to opgrat8 largely lo budget as anticipated over the year
and we have invested Circa £15,000 in kerbslplots during the year.
The trustses consider that the charity has sufficient funds to continua to operate at currant18vels of
activty, for the for8s8èabl8 futur8.
The trustee5' annual rep
trustees by..
rt was approved on .
and sign8d on behalf of the board of
Canon C Royden

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Independent Examiner's Report lo the Trustees of The Parochial Church
Council Of The Ecclesiastical Parish Of St Mark, Bedford
Year ended 31 August 2024
I report to the trustees on my examination of the financ￿1 statements of The Parochial Church Council
Of The Ecclesiastical Parish Of St Mark, Bedford (￿e chariv) for the year ended 31 Augusl 2024.
Rg$pon$lbllltles and bagis of report
The Iruslees are responsible for the preparation of the financial statements. The trustees consider that
an audit is not required for this year under section 144121 of the Charib'es Act 2011 Ilhe 2011 A¢ll and
that an independent examination is needed.
11 i8 my responsibility ID..
examine the accounts undèr section 145 of the 2011 Act.
lo follow the Procedures laid down in the general Directions giv8n by the Charity Commission
under sectlon 145151(bl of the 2011 Act.. and
to slate whether particular matt8rs hav8 como to my attention
Basls of Independenl examln8rfs report
My examination was carried out in accordan￿ with the general Direcl'ons given by tho Charity
Commissx)n. An examination includes a ieyiew of the aGcounling records kept by the charity and 8
r￿paTi$0n of the accounts presented with those records. 11 also includes conslderatlon of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
)ncerning any such matters. The procedures undertaken do not provide all the evidence that would
be required in an audit and ¢onsequenlty no opinion is given as to whether the accounts present a
Irue and fair and the report is limited lo Ih05e matters Set out in the neKt statement.
Independont examin•rfs 8tat•m•nt
Since the charity's gross incom& excee(18d £250,000 your examiner musl be a memb8r of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake th8 examination
because l am a member of the Association of Chartered Certified Accountsnts, which is one of the
sted bodl&s.

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Independent Examiner's Report to the Trustees of The Parochial Church
Councbl Of The Ecclesiastical Parish Of St Mark, Bedford (¢ontlnu•d)
Year ended 31 August 2024
In conn8clion with my examination, no matter has coma lo my att8ntion:
111 which gives me reasonable cause lo believe that in any material respect the rèqulrements..
to keep accounting records in accordanrE with section 130 of the 2011 Act, and
to prepare accounts which aecord with th8 accounting records and comply with the accounting
requiremènts of the 2011 Act have not bean mel, or
121 to which, in my opinion, attention should be drawn in order lo enable a proper understandlng of the
lo be reached.
Andrew Upton
CA
Independent Examiner
Coltett Hulance A¢countsnts Limited
Chartered Certified Accountants
40 Kimbolton Road
Bedfr)rd
MK40 2NR

The Parochial Church Councll Of The Eccleslastlcal Parlsh Of St
Mark, Bedford
Statement of FirbanGial Activitres
Year ended 31 August 2024
2024
Restricled
funds Total funds
2023
Unrestricted
funds
Total funds
InGome and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
88,077
25.834
61.018
3,727
1,917
189,572
75.270
277.649
101,104
61,018
5,086
1,917
262.418
113,981
52.032
2.291
2.187
1.359
Total Income
180.573
266,201
446,774
432.909
Expendlture
Expenditure on charitable actiwties
Totsl 0x￿ndIt￿re
9,10
205.843
225.681
431,524
410,534
205,843
225,681
431.524
410,534
Net Income
(25,2701
40,520
15.250
22,375
Transfers between funds
44.029
144.0291
Not movemenl in funds
18,759
13,S09)
1&250
22.375
Reconciliation of funds
Total funds brought forward
Total funds carl1￿ forward
225.523
75,317
300,840
316.090
278,465
300,840
244,282
71.808
The slalement of financial activities includes all gains and losses recoynised in the year.
All income aNJ expenditure derive from conlinulng aclivities.
The notos on page$ 11 to 20 forrn part of these financial statements.

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Statement of Financial Position
31 August 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
53.295
30,091
Current assets
Debtors
Cash al bank and in hand
16
11,796
262.233
34,529
266,800
274,029
301.329
Creditors: amounts falling due within one year
Net current assèts
17
11.234
30.580
262.795
270,749
Total assets less current Ilablllties
316,090
300,840
300,840
Nèt assets
316,090
Funds of the charlty
Restricted funds
Unresthcled funds
71,808
244,282
75.317
225.523
Total charlty funds
19
316.090
300,840
These financial stptements were ap
are si
roved by the board of Irustges and authorised for issue on
of the board by..
Rev Canon C
Trustee
oyd
Mr l FarthiThJ
Trustèe
The notss on pag9$ 11 to 20 fomi part of those flnanelal ststements.
10-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Ststements
Year ended 31 August 2024
Goneral information
The charity is a public benefit entity and a registered charity in England and Wales and
unincorporated. The address of the principal office is Sl Marks Church Community Centre,
Calder Rise, Bedford, MK41 7UY.
Statement of ¢ompllan¢e
These financial slalements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicab￿ in th8 UK and the Republic of Ireland,. the Statement of
Recommended Pra¢ti¢e applicable lo charities preparing their accounts in accordance wrth the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {Charities
SORP IFRS 10211 and the CharilEs Act 2011.
A¢¢ountlng pollclos
Basis of preparation
Tho fin8ncial statèments have been prepared on the histOriC81 cost basis, as modified by the
V81uation of certain finanGial assets and liabilities and investment propertyas maasLtred al fair
value through income or expendlture.
The financial statements are prepared in sterling, which is the functlonal currency of the entity.
Going concern
There are no material uncertaintles at￿ut the charills ability lo conb'nue.
Judgements and key sources of estimation uncertslnty
The preparation of the financial statemen15 requires management lo make judgements.
estimates and assumptions that affect the arwunts reported. These eslimales and judgements
are ¢onlinu8lly reviewed and are based on experien￿ and other factor5, in¢luding expectations
of Mturg events that are bglieved to be reasonab18 under the circumstsnces.
Fund accountlng
Unrestri¢led funds are available for use at the discretion of the tru$lè8s lo further any of the
charity's purpos8s,
Designated funds are unrestricted funds earniarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on IhÈir Èxp8nditur8 declared by the donor or
through the terms of an appeal, and fall into on8 of ￿ sub-classes: restricled income funds or
8ndowment funds.
11

The Parochlal Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Statement5
Year ended 31 August 2024
Accountlng pollcles (contsnuedj
Incoming resources
All incoming resources are included in the stalernenl of financial activities when entitlement has
passed lo the charity., it is probable that the economic benefits associated with the transactKJn
will flow to the charity and Ihe amount can be reliably measured. The folk)wing specific poliGies
are applied lo particular categories of income..
income from donations or grants is recognised when there is eVIde￿e of entitlement to the
gift, r8rEipt is probable and ils amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement Is eslabllshed.
income from donated goods is measured at the fair value of the g¢)ods unless this is
impractical lo measure reliably. in which case the value is derived from the cost to the donor
or the eslimaled resale value. Donated facilities and Se￿1￿ are recognised in the
accounts when received if the value can be ￿liablY measured. No amounts are included for
the contribution of general volunteèrs.
income from contracts for the supply of s8rvices is recognised with the d81ivery of the
contracted s8rvic8. This is classifi8d as unreslricled funds unless ther8 is a contractual
requirement for it to ￿ spènt on a particular purpose and returned rf unspent, In whlch case
it May be regarded as restrlcted.
Rasources 8xp8ndad
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is dassifi8d under headings of the statement of
financial activities to which il relates..
expenditure on raSsing ftjnds includes the costs of all fundraising aclivilies. events,
charitable trading aclNities. and the Sale of donated g(x)d$.
8xwndilur8 on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaaes, in¢ludSng those
support costs and ¢osls relating to the govemance of the charity apportioned lo char%lable
activities.
other expendilyre inc1￿￿8S all exp8ndrture Ihat is neither related to raisirvJ funds for the
charity nor part of ils axpenditure on Charilab￿ aclNlties.
I costs are allocated lo expenditure categories reflecting the use of thg resourc8. Direct costs
attributsble to a singl8 activity ar8 allocat8d directly to that activity. Shared costs are apportioned
between the activities they contribute lo on a r&asonable. justs'fiable and ￿nsIster1t basis.
Tanglble assets
Tangible assets are initially recorded at ¢05t, and subsequently slated at cost less any
accumulated depreciation and impairnient losses. Any tangible a35els carried at revalued
amounts £re recorded al the fair value al the date of rev8knalion less any subsequent
accumulated depreciation and subsequent accumulated impairrnent10sses.
12-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark. Bedford
Noles to the Financial Statements {¢onlinu•dJ
Year ended 31 August 2024
Accounting polkles fcontlnuo(1)
Tanglble assets {¢onUnued)
An incrèase in the carrying amount of an asset as a resutt of a revaluation. is recognised in other
recognised gains and k>sses. unless it reverses a charge for impalmient that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carying
amount of an asset as a result of revaluation, is recognised in other r8cogni5ed gains and losses,
except to which il offsets any previous revaluation gain, in which case the loss is shown wilhln
other r8cognised gains and105ses on the statement of financial activities.
Depreciation
Depreciation is cal¢ulaled so as to write off the cost or valualron of an asset, less its residual
value, over the usèful economic life of that asset as follows..
Futures and fittlngs
100A slrai9hl line
Impalmient of flxad assets
A review for indicators of impairm6nt is carried out al each reporting dale. with the recoverable
amourbl being e51imaled where such indicators exist. Where the carrying value exceed5 the
recoverable amount, the asset is impaired accordingly. Prior impaimients are also reviewèd for
Possible reversal at each reporting dale.
For the purposgs of impairment lesling, when it is not possible lo estimate the recoverable
amount of an ir)dividual asset, an estimate is made of the recoverable amount of the cash-
generating unil to which the asset bek)ngs. The cash-generdling unit is the smallest Identifiable
group of assets that includes the asset and generates cash inflows that largely independent of
the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired In a business mmbinalion Is, from the
acqulsilion date, alk)cated lo each of tho ¢ash*enerating units that are expected lo benefrt from
the synergies of the combination, irrespective ol whether other assets or liabiliti8s of th9 charity
are assigned lo those units.
Flnanclal Instrumènts
A financial asset or a financial liability is rgcognised only when the cha￿ty becomes a paty lo the
contractual provisions of the instrum8nl.
Basic financial instruménts are initially r8cognised at the amount receivable or payable including
any related transaction costs.
Current assets and cu￿ent liabilitie5 are subsequpnlly measured at the cash or other
consideration expected to be paid or received and not disGOUllted.
Debt instruments are subspquenlly measured al amortlsed cost.
Where investments in shares ar6 publicly traded or their fair value can othe￿19@ be me8SLITed
reliably, the investment is subsequently measured al fair value with changes in fair value
recognised in Income and expenditure. All other such investments are sub8equ8ntly measured at
cost less impairment.
13-

The Parochial Church Council Of The Eccleslastical Parish Of St
Mark, Bedford
Notes to the Financlal Statements (condTnuedl
Year ended 31 August 2024
Accounting pollcle$ (￿ntInUo￿l
Flnanclal Instruments fcontlnued)
Other financial Instruments, including derwatives, are inilialty recognis8d al fair value, unless
payment for an asset is deferred beyond normal busine55 terms or financed al a rale of interest
that is rK)t a market rate, in which case the asset is measured al the present value of the future
payments discounted al a market rate of interest for a similar debt instrument.
OtI￿r financkil instrumènts are subsequently measured at fair value. with 8ry changes
recognised in the statement of financial activiti8s. with the exception of hedging instrumen15 in
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective eviden
of impairment at Ihe end of each reporting date If there is objective evidence of impairment, an
impaim)ent loss is recognised under the appropriate h8ading in the statement of financial
acb'viligs in which the ini1181 gain was recognised.
For all equity instruments regardless of signrficanee, and other financial assets that are
individually significant, these are assessed individually for irnpairment. Other finan¢i818ssets are
ei(her assessed indhiidually or grouped on the basis of similar credit risk characlerislics.
Any reversals of impairnient a￿ recognls6d immediately, to th8 extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carying amount would
have been had the impaimenl not previously been recognis8d.
Defined contrfbutlon plans
Contribulions lo defined Contrib￿lon plans are recognised a5 an expense in the period In which
the related service is provided. Prepaid contributions are recognised as an asset lo the exlenl
that the prepaymenl will lead lo a r8duclion in future payments or a cash r&fvnd.
Wh?n conlribulions are not èxpected lo be settle(J wholly within 12 months of the end of the
rowrting dale in which the employees render th8 related service. the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the peiiod in which il arises.
Donatlons and legacies
Unreslri¢lgd
Funds
Reslricled Total Funds
Funds
2024
Donations
Oonatk)ns
DonatK)ns Gfft aid tax rewvery
Pre-school funding
Church groups
66,690
17,248
66.690
17,248
184,572
812
184,572
812
Grants
Grants receivabl8 - Harpur Trust
5,000
5.000
Oth8r donatlons and18ga¢les
Mission fundraising income
3.327
3,327
88,077
189.572
277,649
14-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark. Bedford
Notes to the FinancHI Statements
Year ended 31 August 2024
Donatlons and legacios (¢onllnu¢d)
Unrestricled
Funds
Reslricled Total Funds
Funds
2023
Donations
Donations
Donatlons Gift aid tax re¢ov8ry
Pre-school funding
Church gioups
59,846
14,959
59,846
14,959
173,650
635
173,650
635
Grants
Grants r8ceNabl& - Harpur Trust
8,179
8,179
Other donations and legacies
Mission fundraising incorne
5,149
5.149
88,768
173,650
262,418
Charitable activities
Unr8stricled
Funds
Restricted Totsl Funds
Funds
2024
Plot sales and related Income
Dioc8san fees collec18d
Sundry income
Nursery fees
16,638
8,8
3L
16.638
8.890
355
75.221
49
75.221
25.834
75,270
101,104
Unreslricled
Funds
ReStr￿l￿d Total Funds
Funds
2023
Plot sales and related income
Diocesan fees collected
Sundry income
Nursery fees
21,613
4.816
186
21,613
4,816
276
87,276
90
87,276
26,615
87.366
113,981
other tradlny activities
Unrestricted Total Funds Unreslricled Total Funds
Funds
2024
Funds
2023
Fetes. bazaars, other evènts
Copier income
Church hall letting income
9,642
970
50.406
9,642
970
50,406
61.018
8,025
1,219
42,788
8,025
1,219
42,788
61,018
52.032
52,032
15-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Slatements (¢Ofvtinu￿J
Year ended 31 August 2024
Investsnent Income
Unreslficted
Funds
Reslrrcted Total Funds
Funds
2024
Bank interest receivable
3,727
1.359
5.086
Unrestricted
Funds
ReslrKled Total Funds
Funds
2023
Bank interest receivable
1,815
476
2.291
Other incom•
Unrestricted Total Funds Unieslricled Total Funds
Funds
2024
Funds
2023
Feed in tariff
1.917
1.917
2,187
2,187
Expèndlturg on charitabl• activities by lund type
Unrestrrcl&d
Funds
Reslricl8d Tolal Funds
Funds
2024
Church activitiès
Garden of Remembrance
Pre-school
Supr)ort costs
171,218
31,775
450
2.400
1,491
172.709
31.775
224,640
2,400
431.524
224,190
20S,843
225,681
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Church activiti8s
Garden of Rem8mbr3nGe
Pre.s¢hool
Support costs
189,090
25,136
189,090
25,136
194,124
2.184
194.124
2,184
216.410
194,124
410.534
16-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Statements {witinu¢rfJ
Year ended 31 August 2024
10. Exponditure on charitablo activities by actrvty type
Activities
undertaken Grant funding
di￿¢11Y
of activities Support costs
Total funds
2024
Totsl fund
2023
Church activibes
Garden of
Remembrance
Pre-school
Governar￿ costs
167,685
5,024
172,709
189,090
31,775
224,640
31.775
224.640
2.4DO
25,136
194,124
2,184
2,400
424,100
5,024
2,400
431,524
410,534
11. Net in¢ome
Net Ir￿ome is stated after chargingllcreditingl.-
2024
2023
Depreclation of tangible fixed assets
4,400
3.052
12. Indepgndent •xamlnatlon f¢¥s
2024
2023
Fees payable to the irKlependent 8xaminer for..
Ir￿ependent examination of the financial statements
2.400
2.184
13. Staff ¢05t$
The total staff costs and employee benefits foi th8 reporting period aro analysed as follows..
2024
2023
Wages and sa18rles
Social security costs
Employer contributions lo pension plans
Other employee benefits
216,405
4.553
3,020
706
185.822
2.336
2,390
930
224.684
191.478
The average head count of employees during the year was 1812023.- 181-
No employee r￿1ved employee benefits of more than £60.0(Kl during the year12023= Nill.
14. Trustee rernuneration and expens05
No remunefalion or other beneflls from employment with the charity or a relal8d entity were
received by the trustees..
17-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Statements (conthu
Year ended 31 August 2024
15. Tangiblo fixad assets
Fixture5 and
fittings
Total
Cost
At 1 September 2023
Additions
Disposals
At 31 August 2024
Depreciatton
Al 1 September 2023
Charge for the year
Disposals
At 31 August 2024
Carrying amount
At 31 August 2024
At 31 August 2023
51,512
28,016
17501
78,778
51.512
28,016
17501
78,778
21,421
4,400
13381
25,483
21.421
4400
{338)
25.483
53,295
53,295
30.091
30.091
16. Debttsrs
2024
2023
Prepayments and accrued income
11,796
34,529
17. Credltors: amounts falling due within one year
2024
2023
Accruals and doforred income
Social security and other taxes
other creditors
7.693
3.051
490
28,381
1.610
589
11,234
30.580
18. Pensions and other post r•tlrem•nt b•n•frts
Defined contribution plans
The amount recogntsed in income or expenditure as an expense in relation lo defined
onlribulion plans was £3,02012023= £2,390).
-18-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Statement5 f¢onthiu•dJ
Year ended 31 August 2024
19. Analysis of charitable funds
Unrestrlcted funds
Al
1 September
2023
At
31 August
2024
Income Expenditure
Transfers
General fund
Garden of
Remembrance fund
187,363
155.04S
(174,0681
44,029
212.369
38,160
25,528
131,7751
(205.8431
31,913
225,523
180,573
44,029
244.282
At
1 September
2022
Al 31 August
2023
Income Expenditure
Transfers
General lund
Garden of
Remembrance fund
186.565
144,988
(191,2751
47.085
187.363
37,866
26,429
125.1351
{216,410)
11,0001
46,085
38.160
224,431
171,417
225,523
Restrlcted funds
At
1 Septèmber
2023
At 31 August
2024
Income Expenditure
Transfers
Pre-sohool fund
75,317
266,201
1225,6811
144,0291
71,808
At
1 September
2022
At 31 August
2023
Income Expenditure
Transfer5
Pre-school fund
54.034
261,492
1194,1241
146,0851
75,317
19-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Financial Statements (¢ontlnu•d)
Year ended 31 August 2024
20. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
48.420
200,820
14,958)
244,282
4,875
73.209
16,276)
71,808
$3,295
274.029
(11,234)
316,090
Unrestricted
Fund5
Reslricled Total Funds
Funds
2023
Tangible fixed asse15
Current assets
Creditors less than 1 year
Net assets
30.091
220,375
(24,9431
225,523
30,091
301,329
130,5801
300,840
80.954
(5,6371
75.317
-20-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Management Information
Year ended 31 August 2024
The following pages do not forni part of the financlal ststements.
21

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Detailed Statement of Financial Activilies
Year ended 31 August 2024
2024
2023
Income and end¢xvments
Donatlons and legacies
Donations
Donations Gift tax recovery
Pre-school funding
chU￿h groups
Grants receivable Harpur Trust
Mission fundraising income
66,690
17,248
184,572
812
5,000
3,327
59.846
14,959
173,650
635
8,179
5,149
277,649
262,418
Charltable activities
Plot sal8s and related income
Diocesan fees collected
Sundry income
Nursery fees
16,638
8,890
355
75.221
21.613
4.816
276
87,276
101,104
113.981
oth•r trading activities
Fetes, bazaars, other events
Copier income
Church hall letting income
9,642
970
50,406
8,025
1,219
42,788
61,018
52.032
Investrnent incorne
Bank interest receivable
5,086
2,291
other income
Feed in tariff
1.917
2,187
Total Incom¢
446,774
432,909
-22-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Detailed Statement of Financial Activities f¢onllnu•YJ
Year ended 31 August 2024
2024
2023
Expendlture
Expenditure on charitable activities
Purchases
Wages and salaries
Employerf5 NIC
Pension costs
Training costs
Rates and water
Light and heat
Repairs and maintenance
Insurance
Srte costs
Legal and professional fees
Telephone
Printing, stationery and postage
Loss on asset disposal
Depreciation
Bank charges
Sundry
Cornputer costs
101.233
216,405
4,553
3.020
706
2,107
28,410
27.799
1,940
22,342
4,200
952
6.080
412
4,400
105,917
185,822
2.336
2.390
930
306
36.321
,079
1,836
24,919
2,934
1,151
5,897
3,052
223
2,544
877
3,746
2,963
431,524
410.534
Total 8xp?nditure
431.524
410,534
Net Income
15.250
22,375
-23-

The Parochial Church Council Of The Ecclesiastical Parish Of St
Mark, Bedford
Notes to the Detsiled Stslement of FinanGial Artivilies
Year ended 31 August 2024
2024
2023
Expenditure on charitable activities
Church a¢tivbtle$
Activities undertaken directly
Ministry and service costs
Wages and sataries
Vicarage maintenance costs
LwJht and heal
Repairs and maintenan
Insurance
Sile costs
Telephone and inlemet
Printing. stationery and pogtsge
Loss on asset disposal
Dgprecialion
Bank charges
Sundry
Computer and sofiware
73.941
14.886
2,107
28.410
8.321
1,940
22.342
952
6.080
412
4,400
135
796
2,963
79.092
14.347
306
36,321
1g,535
f.836
24.919
1.151
5,897
3.052
103
364
877
167,685
187.800
Grant fundlng actlvltles
bAission
5,024
1,290
Garden of Remembranee
Actlvftles undertaken directly
Inlermenl costs
Repairs and maintenance
Bank charges
12,237
19,478
60
14.454
10.622
60
31,775
25.136
Pr•4choDI
Activities undertaken directy
Nursery running costs
Wages and salaries
Employevs NIC
Pension costs
Training costs
Repairs & maintenance
Legal and professional fees
Bank charges
Sundry
10,031
201,519
4,553
3,020
706
11.079
171.475
2,336
2.390
930
2.924
750
60
2,180
1,800
61
2,950
224,640
194.124
Gov•rnanc• costs
Ind&pendent examiner fees
2.400
2,184
ExpendSture on charltsble actlvltles
431,$24
410,534
-24-