CHARITY REGISTRATION NUMBER: 1164416 The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Unaudited Financial Statements 31 August 2025 COLLETT HULANCE Chartered Certified Accountants 40 Kimbolton Road Bedford MK40 2NR
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Financial Statements Year ended 31 August 2025 Page Tru5tees' annual report IndeperKdent examinerfs report to the trustees Statement of financial activities statement of financial position 10 Noles lo the financial statements 11 The following pages do not form part of the financial statements Detailed statement of financial activilies 22 Notes to the detailed ststement of financial activities 24
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark. Bedford Trustees. Annual Report Year ended 31 August 2025 The Iruslees present their report and the unaudited financial statements of the charity for the year ended 31 August 2025. R8forenc• and administratlv& dètalls Reglster•d charity namo The Parochial Church Council Of The Ecclesiasti1 Parish Qf Sl Mark, Bedford Charfty roglstration number 1164416 PrinGipal office St Marks Church Community Centre Calder Rise Bedford MK417UY The trustees Rev Canon C Royden Mr l Farthing MrsJRDay Mrs M Stewart Mrs E R 8ean Mrs A Williams Mr V Holloway Rev Dr G R Cappleman Mr M J Cooper Mr J Wiliams Mrs W C Waters Mrs J E R Ibberson Ms M P Prior Mr M J Warren Mrs J Warren Rev A Kirk Mrs L Seymour Mr B So¢Jlham Mrs L Farthing Mrs J E Kirk Dr T Wilkes Mrs D Johnson Mrs J E Scoll MrJRScott Independ•nt examiner AThJrew Upton FCCA
The Parochial Church Council Of The Ecclesiastlcal Parish Of St Mark, Bedford Trustees. Annual Report fcontlnu8dJ Year ended 31 August 2025 Structure. govornanco and management Sl Mark's Church is a registered charty {1164416) known as The Parochial Church Council of Ihe Ecclesiastical Parish of St Mark, Bedford, also known as St Mark's Church Community Centre. The slruclure, governance and management of St Mark's is determined by the rules of the Church of England, in particular the Church Representslion Rules. Governance is provided by the Vicar, Chvrch 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 comprised of the ordained clergy, Church Treasurer and Assislanl Treasur8r, Church Wardens and addition81 Wardens in Wailing elected al the Annual Parochial Church Meeling IAPCMI- Membership of the PCC Members of the PCC are the Trustees, elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules or are ex-officio. The following people served as members of the PCC for all or part of the year.. Vicar The Reverend Canon Charles Royden Associate Priest The Reverend Dr Graham Robert {Sam) Cappleman Church Wardens Janet Warren Elizabeth Bean Ele¢led representatives of the Deanery Synod Lynne Seymour Dr Timothy Wilkes Elected PCC Members ITrustees)- See list on page 1 Church TreaSur lan Farthing Wardens in Waiting The Reverend Alan Kirk Bary Soulham Lynne Seymour Diana Johnson
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Trustees. Annual Report rcontlnuedl Year ended 31 August 2025 obj8Ctlv and actlvltles Si Mark's Church Community Centre will be a foundation and resource for the positive development and growth of the individual and community Lrfe. We will do this by.. al the celebratlon of public worship and sacraments.. b) the teaching of the Christian faith., cl promoting and supporting the Christlan mission and evangelism., d) pastoral work (including visiting the sick and the bereaved)-, e) the provision of farylities with 8 Chrlstlan ethos for the local communty (including. bul not restricted to, the elderly, the young and other groups with disabilities andlor special needg},- fj Ihe provision of a sacred space for personal prayer and Gonlemplats'on- g) promoting the whole mission of the Church through provision of acllvilles for senKK Citizens. parent and toddlers and special needs groups., h) supporting other charities in the UK and overseas., i) the taking of relig$ assemblies in schcds- These objects are fulfilled through regular weekly worship, including the occasional offices, and a wide range of activities and events supporting and promoting the positivè development and growth of the individual and c&)mmunity life. Throughout the year the way in which the objects of the charity are being fulfilled is monitored by Leadership Team overseen by the PCC a$ Tnjslees lo whom they regularly report.
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Trustees. Annual Report (¢0U0) Y•ar ended 31 August 2025 AGhioVom•nt8 and performance Our Annual Harvest Mission Hog Roast was a fine start to the year with our largest ever allendance enjoying the food and fine wealh8r. We were pleased to be joined by many new faces, including neighbours from Calder Rise. We were fortunate lo be accompanied by the beautiful music played on the Iradilional barrel organ. One of the surprfslng and favourable outcomes of COVID was the growih in the use of online services. Whilst our maln Sunday worship continues lo attract healthy growth in participation in person, this is now supplemented by an online participation with an average of 40 views each week. ReC(ding$ of our services are available on our YouTube Channel. YouTube.comlslmarksbedford. Our midweek Wednesday moming worship is entirely online and support8d by a loyal congregation. Our church outreach is Iruty woddwide with over 12.000 visits each month lo our website, significanlly our most visited resource is (Kjr weekly prayers. The Parish New51etteT each week is also ¢ir¢ulated lo 179 people who appreciate the information. prayers and Bible study commentary. Special services take place throughout the year lo worship through the Christian lectionary and $eason. Our Commemoration Service for All Saints was held on 3 November at which we welcomed The Reverend Aan Kirk. Our Study Courses in Advent and Lent are always well attended and valued by the congregalion. In Advent 2024 we studied 'Women of the Nativity and in Lent 2025 we spent lime studying the Book of Numbers from the Old Teslamenl. These evening are valuable study limes bul they are also enjoyed as as times of fellowship followed by chaese and wine. St Mark's places a high regard on quality of our study and preaching and we are fortunate to benefit from outstanding preaching and teaching Ihrougholrt the year. We have very much valued the cx)ntributn of our Reader Mrs Wendy Waters who after many years of committed serviGe retired 28 a Reader this year in February 2025 Sl Mark's Annual Congreg?lional Meeting was held on 4 May and we were delighled to have 42 people in attendance. The high attendance was repeated al our church Council meetings held during the year after Ghurch service and we are eaSed that our electoral roll stsnds al 135 members. Our Easter Services showed continued growth in numbers of people joining us for worship. The Church Community Centre continues to be 8 vlbrant hub for our local area and we much appreciate the dedication and hard work of all our volunleers. St Mark's showed remarkable care and compassion for Ial residents living around Cleat Hill when they were evacuated from the homes following a fatal gas explosion on Cleat Hill on Saturday 19 October. The explosion of natural gas from a he81 pump drilling resulted in resi(Jenl$ belng evacuated from their home5 for over six weeks. Sl Mark's quickly became established as a resource centre offering help and support to resiéents. Bedford Borough thncil used the centre lo provide advice and St Mark's provided food ané basic service including a post21 collectlon seNlce and laundry facilities. Sl Mark's used the new online broadcasting facilit in the church lo provide online meetings organised by the coun¢il lo be broadcast lo those resider71s who were evacualed to other parts of the country. Sl fvAark's has since become a treasured location for many of the r&sidents who found it lo be a welcome refuge al a time of great personal distress. We have appredated numerous social evenings and our quizzes are alway8 well attended. These raise money to help support our church mission and ministy. We also recognis8 the importance of fundraising for others and this year we raised £4.000 for B8dford Food Bank, We continue to provide support financial assistance and resources for the Bedford Foodbank which St Mark's considers to provide an important service to our community. We are grateful to all of the people who contribute towards our fundraising at special times of the year including Christmas, Easter raffles and the sale of Christmas crafts and cards throughout the year. Our 50150 fundraiser has Gonlinued to altract new members and we are currendy raising funds for our next prcsjecl.
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Trustees. Annual Report (conUnu8dJ Year onded 31 August 2025 st Mark's provides a home to over 50 community groups and charities who value lo high standards of our buildings. The number of visitors who have visited the premises continugs lo rise and we are dellghted to have joined other local cornmunily premises across the country in providing a 'Warm Space, throughout the winter monlhs. We recognise how fortunalg we are al Sl Mark's to enjoy financial support of so many generous members of our congr8galioN who conts'nue lo give weeklylmonthly and gift ald iheir donations. This enables us to continue to provide our mission atyj ministry al St Mark's. Safgguardlng With the national news regarding failures in the wider church regarding safeguarding, St Mark's continues lo ensure that this is a priority. The Trustees and Ihe Church Council {PCCI ha¥ complied with the duty under section S of the Safeguarding and Clergy Discipline Measure 2016 Iduty lo have due regard lo thè House of Bishops, guidance on safeguarding children and vulnerable adullsl and have adopted th& Church of England and Diocesan policies 'Protecting all God's Children- and "Promoting a Safer Church" which have been reviewed in the past 12 months by the Church Council. Our Parish Safeguarding Officer and all Trustees have undertaken the Diocesan Safeguardir#J Training and where appropriate additional training induding Domestic Abuse training. The Sl Mark's Pre-school has comprehensive Safeguarding policies and staff have been trained these policies produre$. The Church Communlly Centro St Mark's continues lo be faithful to the phrase 'The Church in the Community and the Community In the ChurGh.' The Church Community Centre continues lo operate al full capacity. This year we were able lo provide 8 new safe surfac8 for our preschool and we appreciated the work of Mr Jim Williams in raising fvnds and project managing the scheme. Pro School Preschools across the country and locally are facing extremely challenging financial limes. This has resulted in closures locally by sellings which have found rising costs, including salary increases, to be too onerous to Gonlinue. We are fortunate lo have dedicated volunteer support in our financial and HR resources whi¢h efiables us lo keep Costs tightly controlled. Our committed teaching staff provide a highly regarded preschool and our localty community have expressed their appreciation of the serv provided. Garden of Remembrance Thg Garden of Remembrance has seen increasing numbers of people choosing Sl Mark's as the final resting place of their loved ones. The new kerbs plots have been extremely well re¢ewed. and we gxpect lo increase thi5 offering in the years lo come. We have worked closely with a local stone mason who has enable a quicker servKe for the Inscrlptions which has been appreciated by families.
Tho Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Trustees. Annual Report f¢onflnue Yèar •nded 31 August 2025 Flnancial r•vlew The unaudited financial slatemenls shw net expenditure for the year tolalling £10,741 {2024 £1 S,250 nel income). The Church and Community Centre income streams have continued lo be sound which is pleasing lo see and for whh we are most grateful aml fortunate. Regular maintenance arxl refurbishment as required. is vital in maintaining the facilities in our busy and widely used Church and Community Centre and this year saw costs incurred on electrical upgrades and towards the start of work to refurbish our healinglboiler provision Our congreg*ion continues lo show commitment and generosity in supporting our mission and all that we do al Sl Mark's. Fundraising continues to be actively pursued throughout the year with the sale of craft ilem5, rs. Easter and Christmas raffl8s and quizzes. Our monthly 50150 ftjndraiser Continues lo draw new member5 and has been a continuing success in raising ftjnds for the church. Prè School Ilke many Early Years settings had a very challenging year financially and showe(i a profrt of £78 after adjuslmenls. whilst numbers remain steady they were not able lo (x)ver 211 hire costs to the church. Pre Schcx)l operab'ons including use of staff resources and all 8xpendilure contlnue to be very closety monitored by the Pre School Management Team The Garden of Remembrance has conts'nued to operate largely to budget 8$ anticipated over the year and we have now started lo see increased income in the purchase of kerbs and plots following our previous enhancemenvexpansion. The trustees consider that the charity has sufflclenl funds lo continue lo operate at current levels of acllvily. for the foreseeable future. The Iruslees. trustees ua report was apkyoved o and signed on bghalf of the board of Canon C Royden slee
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Independent Examlnerfs Report to the Trustees of The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Year ended 31 August 2025 l Trport lo the trustees on my examination of the financial sta19mgnts of Tho Parochial Church Council Of The Ecclesiastical Parish Of Sl Mark, Bedford {'Ihe charity'l for the year ended 31 August 2025. Rasponslblllties and basis of report The Irusle8s are responsible for the preparation of the finanGial statements. The trustees consider that an audit is not required for this year under section 144121 of the Charitie$ Act 2011 (the 2011 Act) and that an indeFtndent examir7aJon is needed. It is my responsibility to.. examine the accounts undw section 145 of the 2011 A¢l,' lo follow the procedures lald down in the general DI¢t10n$ given by the Charity Commiss>Jn under section 14515Kb) of the 2011 Act-, and lo state whglher parttular matters have come lo my attention Basls of iTrd•pondgnt examlnees report My examination was carrled out In accordance with Ihe general Directions given by the Charity Commission. An examin81ion Includes a review of the accounting records kept by ihe charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Iruslees concerning any such matter5. The procedures undertaken do not provide all the evidence that would be require¢J in an audit and consequently no opillion is given as to whether the accounts present a 'twe and fair view and the report is limited lo those matters sel out in the next stslemenl. Independgnt examinarfs statement Since the charfs gross income exceeded £250,000 your examiner musl be a member of a body listeé In secllon 145 of the 2011 Act. I confirm that l am qualrfied lo undertake the examination because l am a memtser of the Associalion of Chartered Certrfied Accounlanls, which is one of th Ilsted bodies.
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Independent Examinerfs Report to th6 Trustees of The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford fcontthu&* Y•ar •ndod 31 August 2025 In connection with my examination, no matter has come to my attention.. {1) whi¢h gives me reasOnale cause lo believe that in any material respect Ihg requirements.. lo keep acUntIrj records in accordance with section 130 of the 2011 Act. and to prepare ?Gcount5 which accord with the accounting records and comply with the accounting requiremen15 of Ihe 2011 Act have not been mel. or {21 lo which, in my opinion. attention should be drawn in order lo enable a proper urKlerstsnding of the accounts t e reached. Andrew Upton FCCA Independent Examiner Collett Hulance Accountants Limiled Chartered Certrfied Accountants 40 Kimbolton Road Bedford MK40 2NR
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Statement of Financial Activities Year ended 31 August 2025 2025 Reslricled funds Totsl funds Total funds 2024 Unrestricted funds Note In¢ome and endowments Donations and legacies Charitable activities Other trading activities Investment income Other IrMe 81.589 46.636 55,586 3,114 2,350 194,297 61,388 275.886 108,024 55,586 4,367 2,350 446,213 277,649 101,104 61,018 5,086 1,917 1,253 Total Income 189.275 256,938 446.774 Expendltur• Expenditure on charitable activities Total oxpèndliuro 9.10 206,478 250.476 456.954 431,524 206,478 250,476 456,954 431,524 Net (expendltureylncome {17,203) 6,462 110.741 15,250 Transfers btheen funds 6,384 (6,384) Not movement In funds {10,8191 78 (10,741) 15,250 R•concllSation of funds Total funds brought forward Total funds carrigd forward 244,282 233,463 71,808 316,090 300,840 71,886 305,349 316,090 The statement of financial activities indudes all gair6 and losses recognised In the year. l income and exp8nditure derwe from contsnuing activities. The not•s on pag•s 11 to 20 form part of th¥ financial *tst•ments.
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Statement of Financial Position 31 August 2025 2025 2024 Notè Fixed ag99ts Tangible fixed assets 15 47.016 53,295 Current aM•ls Debtors Cash at bank and in hand 16 9,326 260,106 11,796 262,233 269,432 274,029 Cradltors: amounts falllng duo within ono yr Net currerrt a8s•ts 17 11,099 11,234 262,795 258.333 Total ass•ls less eurrènt Ilabllltles 305,349 305.349 316,09) Net assets 316,0 Fundg of the charity Reslricled funds Unrestricted fund8 71,886 233,463 305.349 71.808 244,282 Total charlty funds 19 316,0 J/+1 fin al s ements were approved by the board of trustees and aulhorised for issue on are signed on behalf of th8 board by.. Canon C Royden rustee Mr l Farthing Trustee Tho notos on pag9¥ 11 to 20 form part of these fFnandal ststements. 10-
The Parochial Church Council Of The Ecclasiastical Parish Of St Mark, Bedford Notes to the Financial Statements Year ended 31 August 2025 Gen•ral Informatlon The charity is a public benefit entity and 8 registered charity in England and Wales and is unin¢orpLYaled. The address of the principal office is St Marks Church Community Centre, Calder Rise, Bedford, MK41 TUY. Stat•ment of compliancg These flnancial slalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended PraGlice applicable lo charities preparing their accounts in aOrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP IFRS 10211 and the Charitie5 Act 2011. Accounting policigs 8asl8 of prgparation The financial statements have been prepaTed on the historic81 cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through Income or expenditure. The financlal statements are prepared in sterling. whi¢h is the functional currency of the entity. Goirbg Goncérn There are no material uncertainties about th8 ch8rty's ability lo continue. Judg•monis and key sources of ostimation uncertainty The preparation of the financial stslemenls requires management to make judgements, estimates and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other factors, including expectalions of future events that are believed to be reasonable under the circumstsnces. Fund accountlng Unrestn'cted funds are available for use at the discr@tion of the trustees to fvrther any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future sxopct or Gommilment. Restrlcled funds are subjected to restrictions on their expenditure declare(I by the donor or through the terms of an appeal. and fall into one of two sulFclasses- restricted income funds or endowment funds. 11
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Financial Statements (conUnu¢dJ Year ended 31 August 2025 Accountlng pollcles (¢onJn¢MdJ Incomlng regources All incomiro resources are included in the stal8menl of financial activities when entiilemenl has passed to the charity.. it is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particuL9r calegories of income.. income from donatn$ or grant$ 1$ re¢ognised when there is evidenre of entitlemenl lo the gift. reGeipt is probable and its amount ¢an be measured reliably. legacy income is recognised when recÈipl is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractul lo measure reliably. in which case the value is derived from the cost lo the dot or the estimated resale value. Donated facilities and services are recognised in Ihe accounts when received rf the value can be reliably measured. No amounls are included for the contribution of general volunteers. income from contracts for the supply of services is recognised wilh the delivery of the contracted service. This is dassrfied as unrestricted funds unless there is a conlraclual requirement for it to be spent on a particular purpose and returned rf unspent, in which case it may Ix regarded as reslrirted. R•sources èxpondod Expenditure is recognised on an accruals basis as a liability is incurreé. Expenditure includes any VAT which cannot be fully recovered, and is dassifieé under headings of the slalement of financial activities to which it relates.. expendilure or¢ raising funds includes the costs of all fundraising activities, events, rnharlb1e trading aclivi118s, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiarS. including those support costs and costs relating to the governan of the charity apportioned lo charitable aclivilies. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of ils expenditure on charitable aclivilios. All costs are allocated to exp8ndrture categories rdecling the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity- Shared costs are apportioned betsveen the aclivities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost. and subsequently slated al $t less any accumulated depreciation and impairmerit losses. Any tsngible 8ssels carrieé at revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent aceumulaled depreciatn and subsequent accumulated impaiment losses. 12-
The Parochial Church Councll Of The Ecclesiastical Parish Of St Mark, Badford Notes to the Financial Statements (COMinuedJ Year ended 31 August 2025 Accounting policiès {conllnu Tangible assets (cl11n) An increase in the carying amount of an asset as a result of a revaluation. is recognised in olh8r recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure wFthir¢ the stalemenl of financial actsvilies. A decrease in the carrying 8mount of an asset as a result of revaluation, 1$ recognised in other recognised gains and losses. except lo which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the slalement of financial aclivilies. D•pr•¢ilon Depreciation is calculated so as to wrlte off the cost or valuation of an asset. less ils residual value. over the useful economi¢ lrfe of that asset as follows.. FIxtuS and frttings 10% straight line Impalmient of fixed assgts A review for indicators of impairment is carried out al each reporting dale. with the recoverable amount being estimated wwe such indicators exist. Where the carrying value exceeds ihe recoverable amount, the asset is impaired aGrdIngly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing. when il is not possible lo estimate the recoverable amount of an individual asset, an estsmale is made of the recoverable amounl of the cash-gen8rating unil lo which the asset belongs. The cash-generating unil is the smallest id8ntrfiable 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 impaim9nt testiThJ of goodwill, the goodwill acquired in a business combination is, from the acquisition dale, allocated lo each of the cash-generating units that are expected lo benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned lo those units. Financlal Inruments A financial asset or a financial liability is recognised only when the charity becomes a party to the Gontractual provisions of the inslrumenl. B2slc financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and CLtrrenl liabilities are subsequendy measured at the cash or other consideration expected lo be paid or received and not discounted. Debt instruments are subsequently me88ured al amortised cost. Where investments in shares are publicly traded or their fair value can OtheVIse be measured reliably. the investment is subsequently measured al fair value with changes in fair value regniSed in income and expenditure. All other such investments are subsequently measured 81 Cost less impairment. 13-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Financial Statamonts {continu•dJ Year ended 31 August 2025 Accountlng policies fconllnuédj Flnanclal Instrumonts (¢onllnuot#) Other financial instruments, including derivatives, are initially recognised al fair value, unless payment foi an asset is deferred beyon¢J normal business terms or financed at a rale of interest that is not a market rate. in which case the asset is measured al the preserit value of the future payments discounted al a market rale of interest for a similar debt instftjment. Olher financial InstnJmenls are subsequently measured at fair value, th any changes recogniseé in the statement of finanaal activities, with the exception of hedging instruments in a design?led hedging relationship. Flnan¢ial assets that are measured at cost or amortised Cost are VIeWed for objective evidence of impairment at the end of each reporting dale. If there is objective evidence of impaimienl. an impairment loss is recognised under the approprk8te heading in the statement of financial activities In which the initial gain was recognised. For all equity instruments regardless of signfficance. and other financial assets that are individually signrficanl, these are assessed individually for impairment. Other financial assets are either assessed indivKlually or grouped or) the basis of similar credit risk characteristics. Ary reversals of impairment are cOgnised immedlalely, to the extent that the reversal does r¥)t result in a carrying amount of the financial asset that exceeds what the (arying amount would have been had the impairment not previously been recognised. Dafinod contrlbutSon plans contr11lI0nS to defined conlribulion plans are recognised as an expense in the period in which the related Servi is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead lo a reduction in future payments or a cash refund. When contributions are not expected lo be s8tlled wholly wilhin 12 months of the end of the reporting date in whlch the employees render the related service, the liability is measured on a discounted psent value basls. The unwinding of the discount is recognised a5 an expense in the period whkh11 arises. Donations and légacies unstrICted Funds Restricted Total Funds Funds 2025 Donatlons Donations Donations Gift aid lax recovery Pre-school funding Church groups 60,248 15,942 60,248 15,942 169,648 832 169,648 832 Grants Grants recelvable 1,250 24.649 25.899 Other donations and legacios Mission fundraising income 3,317 3.317 81,589 194,297 275,886 14-
The Parochial Church Council Of The Ecclesiastical Parlsh Of St Mark. Bedford Notes to the Financial Statements (¢onUnugdJ Year ond•d 31 August 2025 Donatlons and legaci•s (cotrrflnu Unreslricled Funds Restricted Total Funds Funds 2024 Donations Donations Donations Grft aid tax recovery Pre-school funding Church groups 66,69) 17,248 66,690 17,248 184,572 812 184,572 812 Grants Grants receivable 5,000 Oth•r donatlons andlogacies Missi)n fundraising income 3,327 88.077 3,327 277,649 189,572 Charitable a¢tivftles Unrestricted Funds Restricted Total Funds Funds 2025 Hol sales and related in¢ome Diocesan fees collected Sundry income Nursery fees 37,167 9,289 37,167 9,289 200 61,368 108,024 20 61,368 61.388 46.636 Unreslricled Funds Restricted Total Funds Funds 2024 Plot sales and related income Diocesan fees collected Sundry income Nursery fees 16.638 8,890 306 16,638 8,890 355 75.221 49 75.221 25,834 75,270 101,104 Othor tradlng actlvltles Unrestricted Total Funds Unrestrted Total Funds Funds 2025 Funds 2024 Fetes, bazaars, other events Copier income Church hall leth'ng income 10,225 812 44.549 10,225 812 44,549 9,642 970 50.406 9,642 970 50.406 55.586 55.586 61.018 61,018 15-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Financial Statemants fcontinuvdj Year endad 31 August 2025 InVtment Income Unrestricted Funds Restricted Total Funds Funds 2025 Bank interest receivable 3.114 1,253 4.367 Unrestricted Funds Restricted Total Funds Funds 2024 Bank inlere81 receivable 3.727 1,359 5.086 Other incom• Unrestricted Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Feed in tariff 2.350 2,350 1,917 1,917 Expgndituro on charitable aGtiviti•s by fund type Unreslricled Funds Restricted Total Fundy Funds 2025 Church aclivities Gaiden of Remembrance Pre•school Support costs 174,594 29,244 500 175.094 29,244 249.976 249,976 2,640 206.478 250,476 456,954 Unreslricled Funds Restricted Tota Funds Funds 2024 Church actlvllles Gafden of Remembranc8 Pre•school Support costs 171,218 31,775 450 2,400 205.843 1,491 172,709 31,775 224,640 2,400 224,1 225,681 431,524 16-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Flnancial Statements (¢MtlnuedJ Year ended 31 August 2025 10. Exp•ndlture on charltable actlvltle8 by actlvlty type Activities undertaken Grant fijnding directly of activrties Support costs Totsl funds 2025 Total fund 2024 Church activrties Garden of Remembrance Pre-school Governae costs 170,160 4.934 175.094 172,709 29,244 249,976 29.244 249.976 31.775 224.640 2.400 2.640 449,380 4,934 2.640 456.954 431,524 11. {•xp•ndltureylncome N&t (exwnditurellincome is slated after chargingl{crediting}'. 2025 2024 Depreriation of tarvjible fixed assets 279 4,400 12. Indop•nd•nt examination fa8s 2025 2024 Fee5 Payable to the inéependenl examiner for.. Ind8pèndenl examination of the financial statements 2.400 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follow5: 2025 2024 Wages and salaries Social Security costs Employer contributions lo pension plans Tralning costs 224.705 5,850 4,006 1.730 216,405 4,553 3,020 236.291 224,684 Thg average head count of employees during the year was 18 {2024: 181. No emoyee received employee b8r)efits of more than £60,(M)O during the year {2024.' Nil). 1& Trustee remungratlon and expenses No remuneTation or other benefits from employment with the charity or a related entity were received by the trustees., 17-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Financial Statements (¢onlinuedJ Year ended 31 August 2025 1S. Tangible fixed assets Fixtures and fittings Totsl Cost At 1 September 2024 and 31 August 2025 Deprnciation Al 1 September 2024 Charge for the year At 31 August 2025 Carrylng amount At 31 August 2025 At 31 August 2024 78,778 78,778 25,483 6,279 25,483 6,279 31,762 31,762 47,016 47.016 53,295 53,295 16. Dobtors 2025 2024 Prepayments and accrued income 9.326 11,796 17. Creditors: amounts falling du• wlthln one year 2025 2024 Accruals and deferred income Social security and other taxes Other creditors 7,112 2,925 1,062 11,099 7,693 3,051 490 11.234 18. Pon¥ions and other post retirement bonofit$ Dofinod Gontribution plans The 8mount recognised In Income or expendibjre as an expense in relation lo defin&Y contribution plans was £4,00612024.. £3.0201. 18-
The Parochial Church Council Of The Ecclosiastical Parish Of St Mark, Bedford Notes to the Financial Statements (¢onllnu•d) Year ended 31 August 2025 19. Analy*ls of charltabl• funds Unmtrictad funds At 1 September 2024 At 31 August 2025 Income Expenditure Transfers General fund Garden of Remembrance fund 212.369 147,016 1177,234) 6.384 188,535 31.913 42,259 {29,244) 1206,4781 44.928 244,282 189,275 8,384 233,463 Al 1 September 2023 At 31 August 2024 Income Expenditure Transfers General fund Garden of Remembrante fund 187,363 155.045 {174,0681 44,029 212,369 38,160 25,528 180,573 {31,775) (205.843) 31,913 225.523 44,029 244.282 Restrl¢tod funds Al 1 September 2024 At 31 August 2025 Income Expenditure Transfers Pre4¢hool fvnd 71,808 256,938 (250,4761 16,384) 71,886 At 1 September 2023 At 31 August 2024 Income Expenditure Transfers Pre-sch1 fund 75.317 266.201 (225.681 } 144,0291 71,808 19-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Financial Statements (contrnued) Year ended 31 August 2025 20. Analy8is of net assets balwoon funds Unrestricted Funds Restricted Tolal Funds Funds 2025 Tangible fixed a55ets Current assets Credrtws less than 1 year Not a8sat8 42,641 195,330 14,508} 233,463 4,375 74,102 16,591) 71,886 47.016 269.432 {11.099) 305,349 Unr8slricled Funds Restricted Total Funds Funds 2024 Tangible red assets Current assets Creditors less than 1 year 48,420 200,820 (4,958) 244,282 4.875 73,209 16,276) 71,808 53.295 274.029 {11,234) 316,090 -20-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark. Bedford Management Information Year ended 31 August 2025 The following pages do not fomi part of th8 financial statèménts. -21
The Parochial Church Council Of The Eccleslastlcal Parlsh Of St Mark, Bedford Detailed Statement of Financial Activities Year ended 31 August 2025 2025 2024 Income and •ndowm•nts Donation* and 1•gaci•¥ Donations Donations Grft aid tax recovery Pr8-school funding Church groups Grants receNable Mission fundraising income 60,248 15,942 169.648 832 25,899 3,317 66,690 17,248 184,572 812 5,000 3,327 275,886 277,649 Charitabl• a¢tivitiOS Plot sales and lated income Diocesan fees collected Sundry income Nursery fees 37,167 9,289 200 61,368 16.638 8.890 355 75,221 108,024 101,104 Other trading activities Fetes. bazaars, other events Copier income Church hall letting income 10.22S 812 44.549 9,642 970 50,406 55,$86 61,018 Investmont income Bank interest receivable 4,367 5.086 Oth0r Incorno Feed in larrfr 2,350 1,917 Total Income 446.213 446,774 .22-
The Parochial Church Councll Of The Ecclesiastical Parish Of St Mark, Bedford Dotailed Statement of Financial Activities (¢Othffnued) Year ènded 31 August 2025 2025 2024 Expendituro Exponditure on charitable adlvltl Purchases Wages and salaiies Employer's NIC Pension costs Training costs Vicarage maintenance costs Light and heal Repairs and mainierrance Insurance Site costs Legal and professional fees Telephone Printing, postage & stationery ProfitlLoss on sale ol assets Depreciation Bank charges Sun¢Jry Computer costs 121.443 224.705 5,850 4,006 1.730 1.979 14.404 32.807 2,413 27.848 101.233 216.405 4,553 3,020 706 2,107 28,410 27.799 1,940 22.342 4.200 952 6.080 412 4,400 256 3,746 2.963 1,159 4579 6.279 183 3.232 797 456,954 431,524 Total expandllur8 456.954 431,524 Net {exp*Klltureylncome 110.7411 15,250 -23-
The Parochial Church Council Of The Ecclesiastical Parish Of St Mark, Bedford Notes to the Detailed Statement of Financial Activities Year ended 31 August 2025 2025 2024 Expendlture on charitable activities Church actlvities Activities undertaken dItlY Ministry and service costs Wages and salaries Vicarage maintenance costs Light and heal Repairs and malnlenance Insurance Slte costs Telephone and internet Printing, stationery and postage Loss on asset disry)sal Depreciation Bank charges Sundry Computer a1 softsvare 85.116 14.448 1.979 14.404 10.239 2.413 27,848 1,159 4,579 73,941 14,886 2,107 28,410 8.321 1,940 22,342 952 6.080 412 4,400 135 796 2,963 6,279 63 836 797 170,160 167,685 Grant funthng activities Mission 4,934 5,024 Gardgn of Remembran¢o Activities undartaken dlrectly Inlermenl costs Repairs and maintenarKe Bank charges 6.636 12.237 19.478 60 60 29,244 31.775 Pre-schotsl Actlvltses undertgken directly Nursery running costs Wages and salaries Employer's NIC Pension IN)sts Training costs Repairs & maintenance Legal arKI professK)n21 fees Bank charges Sundry 24,757 210.257 5.850 4006 1.730 20 900 10.031 201.519 4.553 3,020 706 1.800 61 2.9SO 2.396 249,976 224,640 Goveman¢e $t9 Independent examiner fees 2,640 2,400 Exp•nditur• on charitablo activities 456,954 431,524