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 Ecclesiasti￿1 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 TreaSu￿r
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 (¢￿0￿U0￿)
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
$eason. Our Commemoration Service for All Saints was held on 3 November at which we welcomed
The Reverend Aan Kirk. Our Study Courses in Advent and Lent are always well attended and valued
by the congregalion. In Advent 2024 we studied 'Women of the Nativity and in Lent 2025 we spent
lime studying the Book of Numbers from the Old Teslamenl. These evening are valuable study limes
bul they are also enjoyed as as times of fellowship followed by chaese and wine. St Mark's places a
high regard on quality of our study and preaching and we are fortunate to benefit from outstanding
preaching and teaching Ihrougholrt the year. We have very much valued the cx)ntribut￿n of our
Reader Mrs Wendy Waters who after many years of committed serviGe retired 28 a Reader this year in
February 2025
Sl Mark's Annual Congreg?lional Meeting was held on 4 May and we were delighled to have 42
people in attendance. The high attendance was repeated al our church Council meetings held during
the year after Ghurch service and we are ￿eaSed that our electoral roll stsnds al 135 members. Our
Easter Services showed continued growth in numbers of people joining us for worship.
The Church Community Centre continues to be 8 vlbrant hub for our local area and we much
appreciate the dedication and hard work of all our volunleers. St Mark's showed remarkable care and
compassion for I￿al residents living around Cleat Hill when they were evacuated from the homes
following a fatal gas explosion on Cleat Hill on Saturday 19 October. The explosion of natural gas from
a he81 pump drilling resulted in resi(Jenl$ 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
pro￿dure$.
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 wh￿h 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, ￿r￿s. 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 charf￿s 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 reasOnal￿e cause lo believe that in any material respect Ihg requirements..
lo keep ac￿UntIr￿j 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 Ir￿Me
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 y￿r
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 a￿Ordance 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 donat￿n$ 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,
r￿n￿harl￿b1e 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 beneficiar￿S. 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 depreciat￿n 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 (cl￿11n￿￿)
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•¢i*lon
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..
FIxtu￿S 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 aG￿rdIngly. 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 In*ruments
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 Othe￿VIse be measured
reliably. the investment is subsequently measured al fair value with changes in fair value
re￿gniSed 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
contr11￿lI0nS 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 p￿sent value basls. The unwinding of the discount is recognised a5 an expense in
the period whkh11 arises.
Donations and légacies
un￿strICted
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 Unrestr￿ted 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
InV￿tment 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
Governa￿e 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 em￿oyee 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-sch￿1 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 r￿ed 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 dI￿tlY
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 a￿1 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