evelyn
PARTNERS
St Mark's Foundation
Charlty R•glstrntk•n 262346
Trustees. report and accounts
For the yearended 5 Aprll 2022

st Mark's Foundation
Contents
Legaland administrative Informat￿
Trustees. re[￿rt
Statement of trustees. resrx)nsibiLities
Accountants, rep￿t
Indèpendent examirErfs rep￿t
ststE%nent of financial activities
Balan￿ sheet
Notes to the ￿CoUnts

St Mark's Foundation
Legal and admlnistratlve infomMUon
Jane Frances c￿ndraWetter-sanCheZ
Erikwetter
F,enrki Wetter-sanchez
Data af settiem•nk
29 Cttober ￿70
Charfty numbw
262346
BLetching
Surrey
RHI 4NG
Ac￿untaThts
Evelyn Partners LLP
45 Gresharn Str*t
London
EC2V 7BG
Inde￿nd￿tex￿Min•r
Pb.iiip Evans FCA
PJE Charte".ed Accountants
2 Oakfieid Roa
CiTfion
Brisi
C HG3re & Co
37 Fleet Street
Lordon
EC4P 4DO
Evetyn Partnws Investment Management Lirnited
45 Gresham Street
London
EC2V 7BG

st Mark's Foundation
Trustees. report
For the year ended 5 Awil 2022
The trust￿ pr&ent tFHr report and accoLJnts ftx the year ended S April 2022 The accounts have b*n
prepared in accordance wth the accounb.ng FX)iKies set out in noie l and comply with the Charitie5 Act
2011 and Accounting and Rètx>rtiryJ by Staternent of Recommended Practre appbcabte lo
Charit￿ preparing their fina￿￿[ irrformatK)n in accordan￿ wrth the Financial Reporting StarKJard
apPI￿able in the UK and Rewbbc of IreLarKI IFR5102) pubtshed on 16 ￿[Y 2014.
Thc FourKlation was establshed by a Deed of Trust (lat￿1 29 Octr)tEr 1970 and was registe￿j with thè
Charity Commission. Charity numter 262346. On February 2005. all assets of St Marl¢s Charity were
merged with St Marws Fwndition.
The trustees who served during the year wertr.
ja￿ Frall￿ tssandra wetter-Sat￿heZ
Erik Wetter
Henrik Wetter-Sanche2
Luca Wetter-sanchez
The power of appointment oftTUStees i% vested in exisltng trustees
Rlskmanag*nffit
The trustsès have a duty to identfy and rEVi￿ wisks to which the charity is exFM)sed and to ensure the
appropriatè controts are in place to p.rovide reasonable addurance against fraLKI and error The trustees
have assessed such risks and are satisfEd that systans are in place io mitigate their exJy)sire to major
flsks. The properties are insuied through Lycett&
Rdat•d partles
Ouring the a contritxJtK)n of £9.750 was made to Mr and Wetler-knIEz. ￿th being a trustees
during the sear. in resFeCt of the use of thè g3rdensadj￿nt to St Marl<s Cha￿L
OBJECTIVESANDAcTrvrriES
Objèctlves and r41m5
The object of thè Foundation is to pay or apply the income ￿ capital of Fwndation to or for cfie or
rnore religious or educationalch3rity/ies as trustees think fil.
The main responsibility of the Foundatpjn is the upkeep ofwychcroft House wh￿h is used ty ￿Uthwak
DI0￿Se fortrainiro purwses. In addthn. from the inco￿￿ generated by the prope￿.@5 arKI investmertts.
charrftabLe donations are madeto oJyanisats)ns and TKINiduaL£ at the discrelton of the trust￿.
PubU¢ benefft
The trust￿ ¢onfrm that have rèferreci to the gU￿ance contained in the Charity Commssion's
general guKlance on pubkn'c benefit when rewewng thè Foundation'5 aims and objectives. managiTrJ the
Foundation's assets and consKlering the appirats.ons for ftswrrjalassikn.

11rx.ctslreviè¥r
IDal1r￿me Off￿,743 and expe￿£7&￿35 Los*son the *iè of¥JvestmenLs.The
rants￿d Inths￿tOSA￿1L2o22 202L"
and been irthded trl &rxxrts at th￿r n￿￿t¥aue ty RH & RW
,-LryA)n in ￿guSt 2015 at £L908&￿. of thè ha5 ￿ ddayed c￿ to th&
COVIN19 pandemic. Th&tru4*5 ae Thx*r￿rr￿Jfc￿ thepft)wties b te
Ill￿ ￿￿151*$, c*4the tr) FBY ￿ W1he fx th? F￿r￿tiLl0n b or ftjr orn
31.1.13

st Mark's Foundation
Statement of trustees. respor￿lI1t1es
The trL￿t￿ are respcfftgble for preparirKJ the Trustees. Rèwrt and the accounts in accordance with
app￿.cable law and United Kj'ngdom PLcountiThJ Stsndards (United ￿ngdorn Generally Accepted
Accountiro Pract￿￿).
The appitcable to charities in EngiaThA arKI Wales Tequiies the trust￿ to prepare accounts fOr@￿h
financial year whih give a true and f￿r VEW of state of affairs of the charty and of the income
resources and app￿"Cat￿n of resour￿ ofthe ¢harity for tst year.
In preparing the accounts. the trustees are rÉquired to".
- select suitabteaccounts"ThJ [K)i￿ and apply them cor6istsntty.
- observe the methods and princitAes irb the Char]tEs SORP.
- make judgements eth"mates that are reasonabte and prudenL'
- slate whether appl¢able accwnting starKlard Iwe foitCAved subprt to any material departures
disclosed and expLained in the accounts and
- prepare the aCC￿nts on goi￿ concem b35i£ unless it is inappropiiate to presume that the charity
willcontinue in Opera￿n.
The trustees arè respowble for keeping Suft￿nt accounting recc*ds that disdose ￿th reasonable
accuracy at any time the financial F*)StK)n of the charity arKI enable thern to ensurè that the accounts
comply with the Charities Act 20ll. the Charity IAccounts and Reports) R￿ulationS 2008 and the
provisions of the trust deed. They are alw reswngble for gafeguarding the ￿eLS of the charity
herKe for taking reasonable Steps ￿ the Fwtion and detection of fraud and other IrTeguLarities.

St Mark's Foundation
Foundatlon for th•yearended 5Aprll2022
In order to ￿$1St yw to fulfil yxjr duties under the CharriEs Aci 201L we have prepared for the trustees.
approval the accounts of St Marvs Foundation for the year ended 5 April 2022. w￿.Ich comprise the
5ts1ement of Financial Actniilies, the Balance Sheet and the related note5 Qn pages 9 to 13 from the
charity'sartounting reccxds and from informattjn arKI expianatKM)SY￿ have gwen us
We are SLJbject to the eth￿[ a￿A other professicThl reqiuremonts of the I￿stitute of Chariered
Accountants in EngLand and Wales IICAEW). whith are detsiLed at IWW.￿m/regUlatK￿%
This report is made solely io the trust￿5 of St Mark's Foundation. as a ly)oy. in accordance with the
terms of our engl9￿nent letter dated 23 September 2022 Our work has been undertaken soLeLy to
prepare for your approval. thè accounts of St Mark's FiJJThJation arKI state those matters that we have
agreed to state to the tsustees of St Marks FourKlation. as a b(rtYy. in th￿ report in accordance with AAF
03/10 as detailE*J at icaew.com/eomtxiatic>n. To Ihe fullesl extent pemitted by law. we do not accept or
assume any r￿POr51b1(ty to artyone other than St Mark's FOundat￿n ar)d its trustees. as a body. for our
work orfor this report.
It is your duty tt) ensure that the St Marl¢s Foundath)Y has Wt ad￿uate accourting records and to
prepare statutory accounts that give a Lwe and fair )riew of assets, ik4bb"bes. financial Pos￿10n and
incoming Tesources. including the income and expencrfLure of Sl Mark's Foundation. You consider that st
Mark's Foundats'on is exempt from the staiutory audit requirement for theyear ended 5 ApryI20￿.
We have not verifxl the ￿curan￿ or COm￿etene55 of the accounting record5 or information and
explanations havé given tr) us and we do not. therefore. express any opinK)n on the statutory
accounts
Ev•lyn Partngvs LLP
Accountants
45 Cresham Street
London
EC2V 7BG
Dated..
0110212023

St Mark's Foundation
Independent examiner's report
To the Trusteess of St ma￿'S Foundati
I report on a¢coLEnts ofthe charityfor theyearended 5Apn'12022. wh￿h are sd ouron pages 7 to 13.
The charitys trust￿ are reSpo￿tIe for the pre[wat1￿ ofthe accounts. The charitys consider
that an audit is not required for the ￿r￿xI underSect￿)n 1441a of the iJ)aribesAct 20ll (the 20ll Act) and
that an independent examination is needed.
Basisof Indep￿ent0¥am*￿1s. rgport
My exarnination was carrEd our in ￿t(*danTr with gerkral Dirertions given by the Charity
CommissKM. An examination IwlL*Jes a review of the ￿c￿ntIng records kept by the charity and a
comparision of the accounts yesented wth those records. It aix> Inct￿leS consideration of any unu￿aL
items or disclosurès in the ￿CoUnts. and ￿kIr￿ explanations frcm you as trustees concerning any such
matters. The prwedures uThJertaken do not provide all the eviderKe that would be rcquired in an audt
and consequently no oFMnion is gtven a5 to whether the ￿cOUnts present a ￿ue and fair viekv and the
Te￿rt is limital to tF*)se rnatter5 setrKrt in the ststement tELow.
In connection with my exdtrkinab"on. no matter has come tr) myattcnb"on".
la)
whKh gtves me reasonatle cause to believe that in any mateYo1 reswt the requirements".
to keep accountirKJ records in ￿ydrte￿th section 13() ofthe 2011 ACL. and
to prep￿ accounts which accord wtth the accounting records arKi comply with the
unting requir￿nents of the 2011Act
have not been meL" or
to which. in my OPinEon. attwtion sh￿Id be drawn in orderto erk3trAe a proper urKlerstsnding of the
accounts b be reacrted.
Ibl
Philip Evans FCA
PJE Chartered Accountants
2 Oakfield Road
Clifton
Bri£toL
BS8 2AL

st Mark's Foundation
statement of financial actlvitles
For the year ended 5 April 2022
funds
Tolal
2022
funds
Total
2022
Totsl
2021
2022
Investments
Deposit interest
Rentsl income
8A13
&513
6.705
49230
49,230
49.020
Totsi Income
57.743
57143
55.727
Ralslngfunds
InvesLment manJJerfs fees
Property expenses
Bank charges
1*550)
<9,5501
1859)
1388)
(7,6761
9.307)
12941
(22M591
(388)
Property expendtiure
(3814
834
17.840)
AccountsrKy f
Indepwdent èxaminerfees
Clergy exwses
Bookk￿perfeeS
Legal fees
(42601
(42601
1822)
1&0881
17201
15251
a,50J
1822)
<L615)
IA6L4)
1600)
16001
Tolaiexpenditure
(6V25)
ayio)
(78.8351
(32.951)
Realised and UNrea￿"sed gains/
Ilossesl on investment assets
35102
3SI02
219,952
(6.682)
14,610
242.728
Fund balances at 6 April 2021
107.6Y6
2,813.752
a92I42B
2.678,700
Fund balancos gt 5Aprfl2022
100.994 2035.044
2.936.038
2.92L428

St Marys Foundation
As at 5 AwK2022
174.OW/
1908.S)O
a8410S5
ebtors
t1)￿{ In hatk
7.615
87.SJ7
¥wbitroTpyear
i""v/ni￿• funds
2813.752
agu8

St Mark's Foundatlon
Notes to the accounts for theyear ended 5 April 2022
1.1 Basis of pr•paratlon
The accounts has been prepared UTLler the hI5￿CaL cost convents'on and in accordan￿ with the
staternent of Recommended Practice.. AcC(X￿.tirQ and Reputing by CharitES preparing their
accounts in accordanTr wth the Financkal Re￿￿￿r￿￿ StarKlard appbcabie in the U'K and Republic of
Ireland IFR51021 issued on 16July 2014 and the charib.es Act 201L
The chartyconstitues a pubbc benefitentity as defined by FRSIO2.
L2 Incoming reSOUTce5
Ait incoming ￿SOur￿5 are accounted forwhen the charity entitlement to the funds. certainty of
receipt arKI the amC￿nt is meawrable.
Dividends on investments are included gross. They a￿ account￿1 for on a re¢eivabie basis and
include any due payrnent by the balance sh￿Idate. w￿her or mt recaved
Interest on bank arKI stockbroker5' depostts is incLuded on the basis of the amwnts ￿tUallY
received during theyear.
Fred￿ld prop•rtl•s
2022
2021
fjl Vfychcroft. BLetchingley- estirrh3ted cost on acquisiticn
ILet to South London Church Fund and S￿thwark tiocesan
Board of Finance for 20 year5 from l JurE 2002 at a
peppercorn rent Wychcroft fields are ￿LI
20.000
lil) Add￿j in ￿77178 at an assumed nominalvalue.
Varkyjs properties adjoining Wsrhcroft conssting of.
- st Mark's ChapeL South PaTk
- Hawwards Cottage 1previ0￿yStab1e Cottage)
- Improvements to Haywards Cottage
200
200
90.0
200
90.012
liiil Added in 1992/93. aL%o adjoiniro WychcrofL'
- Great kkAwks Nest Wood
3.600
3,500
livl Add￿1 in 1993/94. adjoiniw the house arKI ¢ottage".
- Vfychcroft Park. Penduck Fidd arKI PerKIJc￿haW{wCo￿[and)
60.J75
60.175
Proportyestimated C￿141 5Awll2022
174,087
174.087
Further note regardi￿ the tand at Scuth Park
South Park and the adjoiniro trA￿[dings are by Erik Wetter & Jane Wetter-sanchez. In
support of the Foundation ihe garcen TS OWI to the tKJbbc every day. as is the chapeL
A contributK)n is rnade to owners in reCognfC￿n of the Ext￿nseS tx)me by ltr￿m.
The aty)ve kYopeTbes are assets used for charitable Purposes and aTe thÈrefore inciudad in the
accounts at cost.

St MarYs Foundation
Notes to the accounts for the year ended S Aprll 2022
(CoDtlnu•d)
2022
2015
Cost Marf(et value
lil pa￿e[Of13nd added ￿ 19August 1974. valued at EL￿0.
DuriThJ 1974/75 a h(xse. Bamhjim Itet). was tuiit on at a
cost of £8.545.
During 2013/14 &Jtve￿s fees were incurred in relation to
Barnhotrn.
9J45
355
Illl Aclded in 1977/78 at an assumed nominalvalue.
VarvJus prcperties adjoining Wyc￿r0fL ccnsi£ting of.
-The Granary Ivacant)
- Nurserycottage ae
Scout Hut Ivacanu
200
200
200
loo,000
295.000
35,000
fjio Added in 1gg2/93. aLw ￿joinIrQ Wychcroft
- t)ove Cottage (Le
- 43 ￿re$ of faTmLatYJ ILet)
00
350.000
n4500
Prowty gstlmat•d ¢￿t at 5Awil2022
&904500
The above properties are consKlered to ￿ hEld as investments and I53ve b￿n incLuded in the
accounts at thar market value provided by RH & RW CILtito.J in August 2015. The trust￿ consider
the valuc to be a reasonable estimatè of Ihe current market value. The prOp￿tieS were dLJe to be
revalued in 2021. h(ywever. Inis vas ddayed due to the COVIN19 Pa￿leM& The trust￿ are now
arTrrvJing for the pr￿rt￿S to bè revalLEd
LS InveSt￿ts
Investments are shrywn at their markd value at ihe b3Larre sh&t date. All investments hètd a
quot£%Y on a recognised stock exchange.
Donations grante(l are recognsed in thè year in wF¥ch the award is formally approved, irre5pecb.ve
ofthe period covered by thè (k)nation.
-io-

St Mark's Foundation
Notes to the accounts for the year ended 5 AprlL 2022
Prvp¢rty Income
2022
2021
Bamhoim
Dove CottwJe
Land and wayleave
Nursery Cottage
The ScoLrt Hut
12.300
14,4CK)
5.3Tr)
16.920
loo
14.400
5,190
16,920
420
49330
49,020
Donab'on for use of gardens
Insurance
utibties
Chapel cleaning
Repairs and maintenance
Agents. fees
(9.750)
(1723)
(349)
(S30
(48248)
13,2501
12.7931
12591
13101
15.7531
14,7821
16L600)
117.147)
a2.3701
31873
Cost ofgenerating ftjnds
Charitable expe￿￿'t￿re
12a859)
1381411
(7.8401
19,307)
161600)
a7.147)

St Mark's Foundation
Notes to the accounts for theyear erKled 5 April 2022
2022
2021
uK￿01•d Invostrnents
Market vaLue at 6April 2021
Fbrchases
DisposaLs
Un￿a￿sed gains/ll¢)ssesl on investsmwts
375,661
67.131
138,1481
261,336
45.453
122.1151
90,987
Mark•tvaiue at SA￿2022
423.441
375.661
Market value at 6 April 2021
Purchases/lequalsatk)r6)
DiS￿al$
Unrea￿$￿ gains/(Lossesl on invests￿lS
382007
215
154633)
280.015
39.646
144.2761
107.422
Mark•t valuè at 6 Apnl 2022
345.501
382.807
768.942
758,468
Findlay Park Funds PLC American USD tis
67.609
84,462
67,609
84,462
2022
2021
Rent due frcm tenants
Property expenw from tenants
Overpayment to Tandridge Council
7.585
2A99
30
15.694
7.615
Cash
2022
2021
C Hoare & Co
Current Account
Evelyn Partners Iryvestment Management
InvestmentALcount
I￿(￿re Acwunt
76.636
21812
1707
5.891
1238
IOQAS5
87,677

st Mark's Foundation
Notes to the accounts for the year ended 5 Aprll 2022
2022
2021
Evelyn Parlners fees
Independent examinerfees
Bc￿k￿per
Rellt ￿ld in advance
Property expenses duefor paYrT￿t at￿arend
8.868
L500
1500
2.435
616
572
3.115
3,635
14.978
3&540
14,919
Taxalion
As a charity. the St Mark's F<xJndatK)n is exemot from tax on Ir￿Qme and gains faI￿ryJ ￿1th1n sLrtK)n
505 of the Taxes Acl 1988 or section 256 0!trR Taxation of Chargeable G3ins Act 1992 to the extent
that these are a[)p￿￿1 to its chargeable 00i￿ls
The trust￿ are able to reclaim tax th3t ha% been suffered at on their inveStrn￿t income.