ST MARKS INSTITUTE TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
REGISTERED CHARITY NUMBER: 203765

ST MARK'S INSTITUTE TRL'ST
FINANCIAL STATEMENTS
FOR THE YEAR EI¥DED
31 DECEMBER 2023
CONTENTS
Page
Report of the Tn￿leeS
Independent ExamineEs ReEM)rt
Statement of Financial Activities
Balance Sheet
Notes to the Financial Slatements
9-10
FOR MANAGEMEIYT PURPOSES ONLY:
Detailed Income and Exp¢nditur¢ Account
16

ST MARKS IN￿lT[rIE TRUST
Pag¢ I
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED
31 DECEMBER2013
Th¢ truslees present their Annual R¢wrt and FIna￿la1 Statements of the St Marks Institute Trust of
37 Victoria Road. WoolstO￿ Southampton, SOI 9 9DY for the year ended 31 December 2023.
The Financial Statements comply the C￿lty'S constitution, the Cbaritics Act 2011 and
Accounting and Reporting by Cl)arities: Statement of Recommended Practice applicable to charities
preparing their Financial Statements in accordance with the Financial Reporting Standard applicable
in th¢ UK and Republic of Ireland (FRS 102).
REFERENCE AND ADMINISTRAT￿E INFORMATION
Charity Name:
St Marks Institute Tn
Regislered Charity Number
203765
Charity stats$:
charity was granted charitsble status on l December 1964.
Correspondenee Address:
37 Victoria Ro*J
(x)1ston
Southampton
S019 9DY
Tr￿ttt5.
The Rev'd Miles Newton Chair
Mrs Jean Batchelor
Mrs Susan Lampard
Mr Brian Lampard
Mi&s Ann knwe
Mrs Margaret Bradley
Mr Christoph¢r L:EDfa
Non-Trustt¢s:
Faye
Mr Tom Beech
Building Consultanl
Our Advisors:
Independent Examiners:
Abraham & Ik)bell
230 Shirley Road
Southampton
S015 3HR

Page 2
ST MARKS INSTITUTE TRUST
REPORT OF THE TRUSTEES
(coNrINUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
OUR PURPOSES AND ACTIVITILS
The p￿ry￿SeS of St Marks Institute Tr￿st are:
To promote religious education in accordance with the d￿trITres of the Church of Engla￿1 in
the parish. and
to improve the conditions of life of the inhabitants of the parish by the provision of recreational
fa¢iliii¢s to promote their physical, mental and spiritual well-being. and subject thereto
to further the religious and other clwitable work of the Church of England in the parish. and
to assist in the upkecp of parish church for the time king of the parish.
The land identified in the first part of the schedule to this scheme must be relained by th¢
trustees for use as a church institute in furtherdnce of the objects of the charity"
STRUCTURL GOVERNANCE AND WAGEMENr
Governing Document
The charity st Marks Institute TnL8t is govern￿ by its cot￿lIUll0n.
The clwity w&s registered on l December 1964 with a charity number of 203765.
Reernitment and Appointment of Trnstees
The charity is thillistered by a EM)ard of tn￿¢¢$ Nvhicl at the date of this repor¢ numbered 7.
TnJst¢cs, wh¢th¢r ¢lect¢(L ap￿Inted or wpted are required by law to act in the best interests of the
charity and nol the body that app)inted them or from which they were co-OPt&l.
Truste• Induction And TraiDiDg
TnLStees are familiar with the WO￿ of the charity, having n¢w I￿￿teeS meet with the ChairFtrson of
the tT￿StecS, who provides a br1¢fu￿ OD th¢ charity to includ¢:
th¢ obligations of iM)ard member&"
th¢ main documents which set out the oFmtional framework foi th¢ ¢haTity, including th¢
constitution.
the financtal position of the Organisatio￿ including the l&%t set of f￿anCIal statements and
funding status. and
future plans and objectiv¢s.

Page 3
sr MARKS INSTrrirrE TRUST
REPORT OF THE TRusfEFS
(CONllNUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
STRUCTUR& GOVERNANCE AND MANAGEMEIYT (CONfiNUED)
Risk Managem￿t
The trustees have examined the major opernllonal risks which the charity faces and confirn] that
syslems have been established to cnable rerK)rts to k pr(Mknced so that th¢ ncce5sary steps can be
taken to lessen these risks.
o￿nISational Charity Siructure
The trustees, comprising 7 members, including a SeCTetsry, WIK> meet at various times in the year, are
restK)nsible for the management and administralion of the charity.
ACHIEVEMENTS AND PERFORMANCES
Main Hall
Plans to converl a stnall office within tIK n]ain building to a toilet have not progressed owing to the
contractor king unable to proceed. This matter is ongoing.
37e (offiee)
R¢mained empty througbout 2023.
Basement
The SU￿laY Lunch Pmject conlinued to provide a Sunday lunch for the homeless and needy.
Two Sbops and Flats Over
Both flats r¢mained let for the whole of 2023 and the hairdresser in 37d r¢mained in businc&s. The
shop 36a c¢ased to trade durittg 2023.
Full details are filed annually with the Charity Coullni&sio
FINANCIAL REVIEW
Ov¢rnll income, excluding gains on investn*nts increased in the year to 31 Lkcember 2023 10
£38,081 {2022 - £31,829).
Expenditure also increa8ed to £38.469 in the year to 31 December 2023 (2022 - £37.749).

Page 4
ST MARKS INSTITiJTE TRUST
REPORT OF THE TRu￿EEs
(COIYTINUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
FINANCIAL REVIEW {coNfiNUED)
GaAns on investment income were achi¢Tred in the year of £37,954, compared to a loss of £(48.303)
in the previous y¢ar.
This Ill8 resulted in an overall surplus of £37,566 for the year to 31 December 2023 compared to a
d¢ficit of £(54223) in the previous year.
The trustees are satisfied with the outcome for the year.
Principal Funding Sourc
The funding sOU￿t5 for the chariry are currcntly by way of shop and flat rental income.
Investment Poliey
Short-lemi d¢￿SIts and monies are held in a current bamk xwunt with Lloyds Bank Plc.
There aff som¢ long-tenn investments held in the form of CCLA inveslments.
PLANS FOR FUTURE PERIODS
The tkv¢lopm¢nt Report con￿lS510nea in 2019 has not progress￿ but the TTh￿te¢s continue to work
with their partners to see how best to utilise this rcsourc¢.
RESPONSIBILITILS OF THE TRUSTEES
The trustees are responsible for preparing th¢ TTusitts' Annual Report and the Financial Statemcnts
in accordance with applicable taw and Uniied Kingdom Accounting Stsndards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in Fngland and wal￿ requires the trustees to PT¢pare Financial
Stst¢m¢nts for each financial year. which give a true and fair view of the stat¢ of th¢ affairs of the
charity and of its incoming resources and application of resour¢es of the charity for that period.

ST MARKS INsfiTvfE TRUST
Page 5
REPORT OF THE TRUSTELS
(coNriNUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
RESPONSIBILrriFS OF THE TRUSTEES (coNfiNUED)
In preparing the Financial Statements the trustees are required io:
select suitable accounting ￿11¢1¢$ and apply tlrm consistently"
observe the methods and principles in the Charities SORP (FRS 102).
m8ke judgements 2nd estimat&s that are rea80nable and prudent"
state whether applicable accounling standards have been followe￿ subject to any departu￿8
disclosed and explaincd in the Financial Siatements: a￿1
prepaTe the financial statements on the going Concern basis UZLle&s it is inappropriat¢ to presume
that the charity will conlinue in business.
The trustees a￿ reS￿￿81ble for maintaining prO￿r acwuDting Tecords which disclose with rea80nable
accuracy at olly time, the fu￿la1 wsition of the ckwlty wid to enable them to ensure that the Financial
Slatanfflts comply with the Charities Acl 2011. the Clwity (Aco)unts and RepM)rts) Regulations 2008
and the provisions of the tnLSt deed. Try are also reS[M)￿ble for s8fegua[di￿ the assets of the charity
an¢ hence, for taking I￿sonable steps for the prevention and detection of fraud and otlKr irregularities.
INDEPENDENT EXAMINERS
A resolution to re-appoini Abraham & Dobell Inde[￿ent Examiners will Ix proposed at the
forthcoming meeting.
Approved by the trustees 26 S¢ptember 2024 *nd signed on its behalf by=
REV M NEWTON
tss A LOWE

Page 6
INDEPENDE￿r EXAMINER*S REPORT
TO THE TRUSTEES OF
FOR THE YEAR ENDED
31 DECEMBER 2023
I report to the trustees on my examination of the accounts of St Marks Institute Tr￿81 for the year
ended 31 DecemF*r 2023.
RESPONSIBILrriFS AIW BASIS OF REPORT
As trust¢¢s of th¢ Charity you are responsible for the preparation of the accounts in accordance with
th¢ iequir¢ments of the Charities Act 2011 ('the Act ).
I report in reSp￿t of my examination of the charity's xcounts Carried out under s¢ction 145 of the
2011 Act and in carrying out my ¢xamination I have followed all the applicable Dirertions given by
th¢ Charity Cornnjission under section 145(5Mb) of th¢ Act.
INDEPENDENT EXAMINER'S STATEME
I have completed my examiDthon. I confizm that no material matters have come to my attention in
connection with the examination giving me ca￿e trg believe that in any nLaterKal ￿Spect.
accounting records We￿ nol k￿1 in res￿ of the charity &s required by section 130 of the Act;
or
the accounts do nol a¢￿[d with those Tecord5' or
the accounts do not comply with the applicable requirements concerning the forni and content
of accounts set out in the Charities (Accounls and Re￿rts) RegulatiorLS 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as
part of an independent examination.
I have no concerns and have come across no oth¢r in CODDe£tion with tbe examination to
ith attention should dtawi in this rep￿ in order to enable a prow understanding of the
accounts to be reached.
DAVID J MANT FCA
INSTITtffE OF CHARTERED ACCOUNTANfs IN ENGLAND & WALES
230 Shirley Road
Southampton
S015 3HR
26 Sept¢mber 21)24

P*ge 7
ST MARKS INSTITUTE TRUST
STATEMENT OF FINANCIAL AcrivrriEs
(INCLUDING INCOME AND EXPENDrfuRE ACCOUNT)
FOR THE YEAR EIYDED
31 DECEMBER 21)23
2023
Unmtritted Tolal
Funds FuDds
2022
Totsl
Funds
Notss
INcoMtNG RKSOURCES
Chatitable activtties
Inv¢slment income
33,710
4.371
33,710
4,371
28,372
3,457
TOTAL INCOMING RLSOURCES
38,081
38,081
31.829
RESOURCES EXPEIYDED
Charitable activities
38.469
38,469
37,749
TOTAL RESOURCES EXPENDED
38,469
38.469
37.749
NET IL¥ICOME BEFORE NET GAINSI
(LOSSES) ON JNVESTMEwrs
(388)
(388) (5.920)
Net gainSl(lo￿s) on inve5LD]ents
37,954
37,954 (48,303)
NET INCOME FOR THE YBARINET
MOVEMENf Iiy FUNDS FOR THE
YEAR
37,566
37.566 (54223)
RECONCILIATION OF FUNDS
Total funds brougbt fonyard
494.493 494,493 548,716
Total funds carried fonv8rd
£532.059 £532,059 £494,493
The Statement of Financial Activities includes all gains and losses in the year. All incoming resources
and resourc¢s ¢xpcnded derive from wntinuing activities.

Page 8
ST MARKS INSTITUTE TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
FIXED ASSETS
Tangible &ssets
Investments
481,842
440,601
481.842
440,601
CURREwf ASSETS
Cash at bank and in hand
55,667
58.592
CREDtroRS: AmouDts falling
due within one year
io
5,450
4,700
NET CURRENf ASSETS
50.217
53.892
TOTAL NET ASSETS
£531059
£494,493
FINANCED BY:
Unrestrieted Funds
General funds
12
532,059
494,493
TOTAL FUNDS
£532.059
£494.493
Approved by the tru8te¢s on 26 September 2024 aDd signed on its behalf by:
REVM NEwfoN
MISS A LOWE

Page 9
ST MARKS INSTITUTE TRUST
NOTLS TO THE FINANCIAL STATEMENIS
FOR THE YEAR ENDED
31 DECEMBER 2023
ACCOUNTING POLICIES
Th¢ accounting ￿lICIeS are SUMM￿ below. The accounting FK)licies have Fttn applied
consistently througkx)ut the year and in th¢ preceding period.
(a) Basis of AccollntiDg
The Financial Ststements are prepared under the historical cost convention and in
accordanc¢ the Statemenl of Recommend￿ P￿tiCe.. Accowiting and Reporting by
Charitie&
(b) Fund Aecounling
Unrestricted funds are availablc for use at the disctetion of the trUSt¢es in furtherdnce of
th¢ general objcctives of the ckwity.
Restricted fi￿￿$ are subjected to ￿StriCt10n$ on their eX￿ndItUre in)posed by the donor.
(c) Incoming Resources
All incoming resources a￿ included in the Statement of Financial Activities when the
charity is entitled to the income and the amount ￿ be quantified with reasonabl¢
accuracy. The following sp￿IfiC plices ar¢ applied to particular cal¢gori¢$ of income:
Voluntary income is reccived by way of grants and donations and is included in fidl
in the Statement of Financial Activities wh¢n receivable. Granty wbere entitlement
is not conditional on the d¢liv¢ry of a specific pertOTmance by the charity, ar¢
recognised when the cbarity I￿)rneS unconditionally entitled to the granL
Donat￿ services and facilities are included at the value to the charity where this
can Et quantifi¢d. The value of Servic￿ provided by volunteers has not been
includ¢d in these Financial Statem¢nts.
InVes1n￿llt income is Includ￿ when teceivabl¢.
(d) R￿OurceS Eipended
Expenditure is recognised on an accrual basis &s a liability is incutre(L Expendiiure
includes any VAT wbicb camiot Ir Tccovered and is re￿rted a5 part of the expenditure
to which it relates:
Costs of generating fiJThls comprise the wsts &$s￿la￿d with atiracting voluntary
income.
Charitable expenditure comprises those costs incurred by th¢ chaTity in th¢ delivery
ol its activilies and s¢rvices for its beneficiaTies. It includes both costs that can be
allocated direcdy to such activities and those costs of an indirect nature nece&sary
to support them.

Page 10
ST MARKS INSTITirrE TRUST
NOTES TO THE FINANCIAL STATEMENrs
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
ACCOUNTING POLICIES (COIYTINUED)
(d) Re50urees Expended (Continued)
Govertwice costs includ¢ thos¢ costs &ssociated Fhqth m¢¢ting the constithtional and
statutory ￿uIrementS of the charity and includ¢ the Independent Ex8mioees fees
and costs lÉnked io the strategic manag¢ment of the charity.
All costs ar¢ allocated between the expiditur¢ categories of the SLqtrm¢nt of
Financial Activities on a basis d¢sign¢d to reflect tbe usc of the resource. Costs
relating to 2 particuE8r aclivity are ￿loCaL￿ directly, otlKrs are ap￿rtIOned on an
appropriate basks.
(e) Tangible Fixed Assets
Tangible assets aff initially r¢corded at cost and subwuently staled at cosi less any
a¢cumulated depreciation. Any tangible assets carried at revalued amounts are recorded
at th¢ fair value at the date of r¢valuation any subsequent accurnulatea depreciation.
(fj Invtstments
Investm¢nts are valued Val￿ 8t 31 Decemkr.
(g) Debtors
Trade and other debtors ate recognised at th¢ thement amount due. [tryn￿ntS aTe
valued at th¢ amount prepaid net of any trade discounts due.
Ih) Creditors aDd ProvisioDS
Creditors and provisions are recognised where the ¢haTity has a present obligation
resulting from a p&st evenl that will probably result in the transfer of fimds to a third party
and the amount due to sellle the obligation can be measurcd or estimated Teliably.
Creditors and provisions are nornially recognised ￿ th¢ir settlement amount after
allowing for any trade discounts th￿.
(i) Fund Accounting
Unrestricted funds are geDernl fimds available for us¢ at the discrction of the trustees in
firtherdnce of the general objectives of the charity.
Designated fuThJs are unrc51ricted fimd8 earn]aTk¢d by the tnLStees from time to time for
particular pmjects or purpose& They are not in any way restrict¢d and any surplus or
deficit wiii ￿ transferrcd tolfrom the general funds when the designated fund is closed.
Restricted funds are subject to specific restrAclions on their expenditure in]p)sed by the
donor or througb the teTms of an ap￿￿1.

Pxge 11
ST MARKS INsfiTtrrE TRUST
NOTES TO THE FINANCIAL sfATEMENt3
(COKllNUED)
FOR THE YEAR ENDED
31 DECEMBER2023
ACCOiThTtNG POLICIES (CONfINUED)
ti) Finxneial Itnstruments
The charity only has financial assets and financial liabilitie5 of a kind that qualify as basi¢
financial iDStruments. B&sic fllwA¢i￿ instruments are iDitially recognised at transaction
value and subsequently rn￿ured & their s¢lllemcnt value.
(k) Signifieanl Judgements aAd Kstimxt
Preparation of th¢ Fin￿￿1￿ Stat¢mW may require the trustees to mak¢ significant
judgements and estimat¢s. There are no items in th¢ Financial Ststements wh¢re judgements
and estin￿teS would have a significant effect on amounts recognis¢d in the Financial
Statements.
CHARrrABLE AcrIvrriES
Th¢ following inci)tn¢ was g¢nerated during th¢ year.
2023
Unrestrieted Totsl
Funds
Funds
2022
TotAR
Funds
Shop and flat Tental
Main hall rental
B￿rnent rental
19,091
12,971
1,648
19,091
12,971
1,648
17,997
9,455
920
£33,710 £33,710 £28,372

Page 12
ST MARKS ENSTITirrE TRUST
NOTES TO THE FINANCIAL STATEMENrs
{COIYTINUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
INVESTMEKf INCOME
The following income was rtt¢ived during the y¢ar:
2023
Unrestri¢t¢d Total
Funds
Funds
2022
Tolal
Fullds
Interest
Dividends
1,084
3287
1.084
3,287
317
3,140
£4371
£4.371
£3,457
TOTAL RESOURCES EXPENDED
2023
Unrestricted Total
Funds
Funds
2022
Total
Funds
Charitable Activitiey
Major refurbishm¢nt projects
Proprty maintenanc¢
Caretaker
Cleaning
Electricity
2,000
1,709
9.779
4,125
2,504
2,522
457
1,141
5,951
6,500
1,020
750
4,614
1,824
8,646
3,063
1,513
3.292
437
979
4,580
8,000
1,709
9,779
4,125
2,504
2.522
457
1.141
5,951
6,500
1,020
750
Water
W&8te disposal
Insuran¢¢
Grants paid - PCC of St Mark's W(yolston
Legal and professional fe¢s
Independenl Examiner's fees
OtTice expenses
700
jji
li
£38,469 £38.469 £37,749

Page 13
Sf MARKS INSTITUTE TRUST
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER2023
STAFF COSTS AND TRUSTELST REMUNERATION
There were no staff costs or rernutmtion arising in the year.
TAXATION
As a charity, St Marks Institute Tn￿t is exempt from tax on incorne and gatns falling within s.505
of the T&xes Act 1988 and s.256 of the Taxation of Chargeable Gains Act 1992, to the extent that
these are applied to its charitable objects. No tsx charges have arisen in th¢ CI￿lty.
TANGIBLE ASSETS
The cost of the frcchold prowty known ￿ St Mark's tnstitute has been MTitten-off in a prior
yw's Accounts and no valu¢ h&8 been Incl￿ in these Accounts.
The tnLStees are in tbe proce&8 of uplating the legal slat￿$ of the property and are considering
obtsiDing a Valuatio￿ which may then be inwrp)rated in a following year's Accounts.
Holding
Market Va￿¢ ￿ 31 December 2023
CCLA Account 42502(KM)IR
CCLA Account S623￿lA
CCLA Account 8623￿1v
1274.38 units @ £248.(K)
IlJ33.39 units @ £9.05
(A)S59.62 units @ £104.40
316,047
102.571
63224
£481,842
Holding
Marftel Vthe at 31 December 2022
CCLA Accounl 42502(KKJIR
CCLA A￿OUnt 86231XKK)IA
CCLA Account 8623WJ IV
1274.38 units @ £220.69
11.333.39 units @ £8.40
57.597.62 units @ £1.11
281,254
95,212
64,135
£440,601

Page 14
ST MARKS INSTITirrE TRb'ST
NOTLS TO THE FINANCIAL STATEMENrs
(coNriNUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
INVLSTMENf A&SETS (CONfiNUED)
Market Value #t 31 Detember2022
440,601
MoveDJent in the Year
Dividends reinvested
Unrealised gain on investsnents
3287
37.954
Market Value at 31 December 2023
£481,842
CREDITORS: Amounts falling due within one ycgr
2023
2022
Trade creditors and ac¢n￿S
Rent deposits
2,950
2.500
2,200
2,51X)
£5,450
£4,700
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fund balances are represented by:
2023
Unrestricted Total
Funds
Funds
2022
Total
FuDds
Investments
Current assets
Current liabilities
481,842 481,842 440,601
55,667
55,667
58,592
(5,450) (5,450) (4,700)
Net assets at 31 December 2023
£532,059 £532,059 £494,493

Pydge 15
ST MARKS INSTITUTE TRUST
NOTES TO THE FINANCtAL STATEMENTS
(coNrtNUED)
FOR THE YEAR ENDED
31 DECEMBER 2023
I I. MOVEMENf IN FUNDS
At
Incoming Ou¢%oing GaiDS OD
At
01.0123 Resourees Re￿￿ree5 Investments 31.12.23
Unrestricted funds
494,493
38,081
38,469
37,954 532,059
Total funds
£494,493 £38,081 £38,469 £37,954 £532,059
Unrestricted Funds comprise those fijnds which tn￿eeS are free lo use in accordance with the
charitabl¢ obi¢cts.
Restricted Funds are fimds which have been given for particular purEK)ses and projects.
Th¢ ckwity Imd no restrid¢d fund&
12. RELATED PARTtES
There were no ￿lated party transaction&
13. POST BALANCE SHEET EVENTS
There were no matetial post Balance Shed events at 31 Decernber 2023.