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2021-12-31-accounts

St Andrew’s Church, Malvern 2021

Trustees Annual Report 2021

Annual Report of the Parochial Church Council For the year 1[st] January to 31[st] December 2021

Registered Charity Number: 1128973

Contact PCC Secretary: c/o St Andrew’s Church, Churchdown Road, Malvern WR14 3JX

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St Andrew’s Church, Malvern 2021

1. Introduction

‘The Parochial Church Council or PCC, is the executive body of a Church of England parish. It is constituted as a body corporate by the Church Representation Rules set out in Schedule 3 to the Synodical Government Measure 1969, and consists of the clergy and churchwardens of the parish, together with a number of representatives of the laity principally elected by the annual parochial church meeting of the parish. Its powers and duties are defined by certain Acts of Parliament and other legislation, principally the Parochial Church Councils (Powers) Measure 1956. It has the responsibility of cooperating with the incumbent (rector, vicar or priest) or priest in charge in promoting the mission of the Church in its parish.

Formally, the PCC is responsible for the financial affairs of the Church and the care and maintenance of the church fabric and its contents. These latter responsibilities are executed primarily by the churchwardens. It also has a voice in the forms of Service used by the church and may make representations to the bishop on matters affecting the welfare of the parish.’

The Church Representation Rules (2020) detail local church governance arrangements and provide the framework under which PCCs and parishes operate to best serve ministry and mission in their contexts.

St Andrew’s Church is situated in Poolbrook, Malvern. It is part of the Diocese of Worcester within the Church of England. In September 2014 St Andrew’s became part of the Chase Team Ministry which includes St Mary’s Pickersleigh and All Saints Malvern Wells & Wyche. The three parishes each have their own Parochial Church Council. The Chase Team has a Team Rector and a Team Vicar (with responsibility for St Mary’s in Pickersleigh), and in 2018 a Curate joined the team. The Rector, Team Vicar and Curate are remunerated through the Diocese of Worcester.

2. Aims and Purposes

St Andrew’s Parochial Church Council (PCC) has the responsibility of cooperating with the Team Rector, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the St Andrew’s Church Centre complex.

In Autumn 2017 the PCCs of St Andrew’s and All Saints agreed a new joint mission statement to describe our core purpose:

This is all under pinned by the strapline ‘ Partnering with God in the flourishing of our communities ’.

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St Andrew’s Church, Malvern 2021

3. Objectives and activities

The PCC believes that St Andrew’s provides clear benefit to the public including by:

The local community directly benefits from a whole range of activities, services and events that St Andrew’s provides. These include toddler groups, youth groups, Holiday@Home activities, bereavement support, debt support, the Octagon Coffee Shop and provision of the occasional offices (funerals, weddings, baptisms). The St Andrew’s Church Centre is a fantastic community facility available for public hire at reasonable rates.

4. Achievements and Performance

2021 was another challenging and different year due to the Covid-19 Pandemic and many of our normal activities had to be curtailed in keeping with Government and Church of England guidelines. However, we continued to run services throughout the year, either ‘inperson’ or online or both, and, in addition to our established mechanisms, found new ways of ministering, and serving our communities. Despite the pandemic we have seen our congregations grow significantly over the last year which represents more than a 100% increase in worshipping community since 2015.

2015 2016 2017 2018 2019 2020 2021
Total
Worshipping
Community		 160 201 244 261 263 297 326
0-17s
Worshipping
Community		 43 55 63 69 66 71 84

Our 2021 Annual Review (prepared jointly with our sister church All Saints) for the Annual Parochial Church Meetings (available at St Andrew’s Church or from our web site www.standrewsandallsaints.org/resources/annual-reviews/), gives a more detailed summary of many of our activities and achievements over the last year.

Some of the key features include:

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St Andrew’s Church, Malvern 2021

5. Future Plans

2022 will be a year of significant transition as the church seeks to continue to re-build after the pandemic and also adjust to significant changes on the staff team. The curate leaves in April 2022, and we have not been able to appoint a new Youth Minister since our previous Youth Minister finished his agreed 3 years in August 2021. With the significant increase in worshipping community size, the church now needs to transition to a ‘larger churches’ leadership structure to enable it to be ‘healthy and sustainable’ and recruiting and embedding this will be the key focus for 2022.

The key areas for the coming year will therefore be:

6. Financial Review

Total income from all sources for the year was £237,323 compared to £239,127 in 2020 (a 0.8% decrease).

Expenditure was contained in the year to £229,235 (compared to £218,787 in 2020, representing a 4.8% increase). During the year we had periods of closure of our church

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St Andrew’s Church, Malvern 2021

and church centre and a significant part of our activity moved online and into other forms as summarised elsewhere in this report. Despite this, costs continued to be incurred in many areas.

The net effect of these results produced a £7,823 increase in net resources over the year to £144,704 (£136,881 at 31 December 2020). Of this:

£1,780 (2020 - £2,045) is permanently endowed,

£30,855 (2020 - £26,271) is restricted in nature and

£10,909 (2020 - £11,089) is designated by the Church for specific purposes. This leaves £101,160 (2020 - £97,476) as unrestricted funds which, after due allowance for tangible fixed assets, gives £87,832 (2020 - £82,053) as freely available reserves for use in the charitable activities of the Church.

7. Reserves and investment policy

It is the policy of the Church that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least three month’s running costs (approximately £60,000). The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Church’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Funds balances held in excess of short-term needs are invested with the CBF Church of England Deposit Fund. The endowment investment is held in a CBF Investment (Income) Fund. The church has no loans against these funds.

The trustees have assessed the major risks to which the Church is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

8. Structure, governance and management

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. Annually, and well in advance of the Annual Parochial Church Council meeting, all members on the electoral roll of St Andrew’s are invited to be nominated to sit or re-sit on the PCC for a 3-year period. If too many members are nominated, a simple vote is conducted at the Annual Parochial Church Council meeting.

The PCC locally manages St Andrew’s Church building, the St Andrew’s Church Centre and the grounds on behalf of the Diocese of Worcester. This includes short and long term maintenance and enhancement of the assets.

The administrative costs and clergy expenses for St Andrew’s & All Saints are shared equally between the two PCCs. The clergy stipends are met by the Church Commissioners.

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St Andrew’s Church, Malvern 2021

St Andrew’s employs a part time cleaner and, jointly with All Saints, employs:

The PCC typically meets approximately seven times per year. Between meetings, the day to day business of the PCC is undertaken by a Standing Committee consisting of Chair, Vice-Chair, Churchwardens, Deputy Churchwarden, Parish Safeguarding Officer and Treasurer. Any decisions taken by the Standing Committee are summarised at the subsequent PCC Meeting.

When appointed, new PCC members are provided with a basic introduction to their role, typically including how the PCC operates, the basics of being a Charity Trustee and a Church financial introduction/overview. During the COVID-19 pandemic, much of this has been provided remotely, but probably not as effectively as previously when it was possible to meet face to face. We will aim to return to face to face induction and training as soon as practical.

The PCC responds positively and implements all appropriate legislation linked with health and safety and disability. Examples include:

9. Safeguarding

The PCC has fully complied with its duty to have ‘due regard’ to the House of Bishops’ Safeguarding Policy and Practice Guidance.

During 2021, 35 members of the churches have completed DBS checks and 35 members have completed safeguarding training at various levels. The Parish Safeguarding Officer has implemented use of the Diocesan safeguarding dashboard. This tool enables us to ensure that we continue to be compliant with current safeguarding requirements.

A few safeguarding concerns have arisen during the year, which have been addressed promptly by the Rector and the Parish Safeguarding Officer. Support and advice have been sought from the Diocese when necessary.

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St Andrew’s Church, Malvern 2021

10. Administrative Information

Full Name:

The Parochial Church Council of the Ecclesiastical Parish of St Andrew Malvern.

Charity Registration Number : 1128973.

The Church is an unincorporated charity constituted as detailed earlier in this report.

Address

St. Andrew’s Church, Churchdown Road, Malvern, WR14 3JX

Secretary - currently vacant.

Being covered by one of the Church Administrators - Mrs Sarah Yeadon, c/o St. Andrew’s Church, Churchdown Road, Malvern, WR14 3JX.

Leadership

Incumbent: Revd Dave Bruce Team Vicar: Revd Lynne Sparkes Team Curate: Revd Peter Myres Associate Ministers: Revd David Ritchie Revd Helen Wilkinson Youth Ministry Leader: Vacant and currently advertised Michael (Eddy) Edwards had the role for 3 years to August 2021

Children and Families Ministry Leader: Helen Attree

Wardens: Nick Fane Lis Whybrow Readers: Derham Cook Judith Keene Heather Williamson

Representatives on Deanery Synod: Jane Mortimore Carole Nicholls

Trustees (PCC Members)

The trustees (PCC Members) who served during the year were:

Dave Bruce (Chair) Derek Barnes (Vice Chair) Nick Fane (Churchwarden) Lis Whybrow (Churchwarden) Andy Lymer (Treasurer) Derham Cook Val Fane Alan Holmes

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St Andrew’s Church, Malvern 2021

Virginia Jones Anna Laidler Chris Mesley Jane Mortimore Peter Myres (from 20[th] May 2021) Carole Nicholls (from 18[th] April 2021) Simon Noble Jennifer Oakley Judy Oliver (to 18[th] April 2021) Ellie Quinlan Colin Robbins Alice Wills (resigned 2[nd] October 2021) Heather Williamson Helen Wilkinson (from 20[th] May 2021)

11. Declaration:

The Trustees (PCC) declare that they have approved this annual report at their meeting on the 17[th] March 2022. Signed on behalf of the PCC:

Revd D C Bruce MA Chair

Dr D H Barnes Deputy Chair

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Charlty Rtrjlstration No. 1128973 ST ANDREW'S CHURCH, MALVERN ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

ST ANDREW'S CHURCH, MALVERN ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 DECEMBER 2021 CONTENTS Page IndeFendent examine¢s report Statement of financial a¢Xivifies Balance sheet Notes to the financial statements 5-18

ST ANDREW'S CHURCH, MALVERN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST ANDREWS CHURCH, MALVERN I report to the truslÈes on my examination of the financial statements of St Andrews Church. Malvern Ithe Churchl for the year eThJed 31 December 2021. Rèsponsibilities 2nd basis ol report As the Iruslees of the Church you are reswrBJble for the preparation of the fir￿ncial 6tstements in accordan￿ wth the requirements of the Charrties Act 2011 Ithe 2011 Acll. I iewrt in respect of my examinth.on of the Church's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the appli¢atAe Direciions gNen by the Charity Commission undei section 14515llbl of the 2011 A(*. Indepèndent examiner's statement Your attention is drawn lo the fad that the charity has prepared financial statements in accordance wqth Accounting and Rep)rting by Charf(ies pre￿nr￿j their accounts in accordan¢e with the Financial Reporting Standard applicable in the UK and Reput￿1¢ of Ireland IFRS 1021 in PTeferen¢e to the Acfx)unting and Reporting by Chanties.. Statement of Re(y)mmended Praclice issued on 1 April 2005 which is referred lo in the extant regulations but has now wthdrawn. l undetstand that this has l)een done in order for financial ststements to provide a true and fair view in accordance with Generalty A¢ceFrted Accounting Ptactice effeclive for repofb'ng periods beginning on or after 1 January 2015. I have completed my examinabon. I confirm that no matters have come lo my attention in connection with the examination giving me cause to telieve th3t in any mateiial reSF￿¢l.. accounting re¢orts V￿re not kept in respect of the Chu¥ch as required by 5eckn.on 130 of the 2011 Pd", or the finanual statements do not arxord wth those recoTds". or the finanryal statements do not cofflply with the applicatle requirements ￿ncerning the form and content of aco)unts set out in the Charrties IAco)unts arKI Reportsl Regulations 20Q8 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 concems and have come across no other Matt￿ in o)nne¢tion with the examination lo attention shoukl be drawn in this report in order to enable a PfOFtr understandiro of the financial statements to be reached. El￿8beth Needham ACA CTA IVATI Kendall Wa¢Jley LLP Granta Lodge 71 Graham Road Malvern Worcestershlre WR14 2JS Dated.. 17 March 2022

ST ANDREW'S CHURCH, MALVERN STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 Curfent rinancial year Unrestrthd Uniestricted Restricted Endowment funds funds funds funds general designated 2021 2021 Total Total 2021 2021 2021 2020 Notes endowmen from= Donations and legaoes Church activities Voluntary Inco￿ Investments Other incoming resources 18,289 12,4 153,085 13. 32,257 18,990 4.112 17,392 174,589 90 168,848 9,136 11,636 13,925 Total incoma 193,0 9,481 34.746 237,323 239,127 Ex nditure on: Charitable activit'es 192,112 6,961 t.162 229.235 218.787 Net gairtslllossesl on investments 12 12651 12651 591 Net incomingl loutgoingl resources before tiansfeTS 2.520 12651 7,823 20,931 Gros5 transfers b*Neen fund5 13 2,7 12.7001 Net movement in funds 3.684 11801 12651 7.823 20,931 Fund balances at 1 January 2021 97.476 11.089 26,271 2,045 136,881 115,950 Fund balances at 31 December 2021 101.160 10.909 1.780 144,704 136,881 The statement of financial ath4rties includes all ga.'-s 2nd tsses rect)gp.isett in th. All income arKI expendfture derwe from continuing actNrties_

ST ANDREW'S CHURCH, MALVERN STATEMENT OF FINANCIAL ACTMTIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Prior financial year Unrestricted Unrestricted Restricted Endowmenl funds funds funds funds general designatad 2020 2020 Total 2020 2020 2020 ow Donations and legacies Church ath"vrties Voluntary income InveslmeDts Other incoming resources 12.398 14.537 156,853 44 8,925 6.5Y2 18,990 37.320 168,848 44 13,925 22,783 419 11,576 Total income 1￿2.757 23.202 23,168 239,127 Charitable aGtMlies 174.478 16,458 27.851 218,787 Net gainslllossesl on investments 12 591 591 Net incominglloutgoingl resources before transfers 18,279 6,744 14,6831 591 20,931 Net movement in funds 18,279 6.744 14,6831 591 20,931 Fund balances at 1 January 2020 79.197 4.345 30.954 1,454 115,950 Fund balances at 31 December 2020 97.476 11.Ch89 26,271 2,045 136,881 The statement of financial activrties indudes all gairts and thseg retxgnised in the year. All income and expenditure derive from continuing ath"vrties.

ST ANDREWS CHURCH, MALVERN BALANCE SHEET AS AT31 DECEMBER 2021 2021 2020 Notes Fixed assets Tangible assets Investments 14 15 13,328 1,780 15,423 2,045 15,108 17,468 Currènt assets Debtors Cash at bank and in hand 17 5.119 116,651 130.239 133.207 121,770 Creditors: amounts falling due within one year 18 13.6111 12,3571 Net Current assets 129,596 119,413 Total assets less Current liabillties 144,704 136,881 Capltal funds Endowment funds Income funds General restncted funds 1.780 2.045 30,855 26,271 19 30,855 26,271 Unrestricted fund Designated funds General unreslncted furbjs 10,909 101,160 11,089 97,476 112.069 108,565 21 144,704 138,881 The financial statements were approved by the Trustees on 17 March 2022 Rev D C 8ruce MA Chalr Dr D H Bames Deputy Chalr

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policies Charlty Informatfjon st Andrews Church, Malvem is an unincorporaled charrty arKI ts office B Churchjown Road, Malvern. WR14 3JX 1.1 Accounting COnven￿On The financial statements have been preFBred in accordance with the Charrties Act 2011 and ' Accounting and RerKJrting by Charrties.. Statement of RecommerKYed Practice applicable to charrties preparing their accounts in a¢¢tsrdan￿ the Finan¢ial Report"trffJ Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" hamng regard to the Church Representation Rules (last UFéated 2U201 I he tihurch Is a L%eneTrt tntsty as dehned by FKb 11Y2. The Church has taken advantage of the wovisions in the SORP for charrties applying FRS 102 Upjate Bulletin 1 not to prepare a Ststement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provK3e a true and fair view This departu￿ involved following the Statement of Recommended Prathce foi ¢harrties applying FRS 102 ralher than the version of the Statement of Recommended Practice which 6 referfe(I to in the Regulatiorts Lxrt which has since been wthdrawn The financial statements are prepared in sterling. which is the lunctional currency ol the Church. Monetary amounts in these financial statements are rounded to the nearest £. The financial stalements have been prepared under the historical wst cx)nvention, modified to include the revaluation of certain financial instruments at fair value. The principal acLountsng policies adopted ale set out below. 12 Going ¢on¢ern At the time of approving the financial stalements. the tnjslees have a reasonable expectation that the Church has adequate resources to continue in operational eXtsten￿ for the foreseeable future. Thus the trustees continue to adopt the goirg cortcem t)ass of acwunting in preparing the financial statements. 1.3 Charllable funds Unrestricted funds are available for use at the dI￿retIOn of the trustee8 in furtherance of their chaiitable obiecttves. DeS￿nated funds comprise lunds ￿lch have been set asxle at the discretion of the trustees for SFecifie purp&8es The purFX)ses and uses of the designated funds are set out in the notes to the financial statements. Restrided funds are subject to speixfic condrtions by donors as to how they may be used. The purpcyses and uses of the restricted funds are set out in the notes to the finanaal statements. Endowment funds are subject to SKtryfic ¢ondrtions by donor5 that the caprtal musl be maintsined by the Church. 1.4 Income Income is reo)gnBed vthen the Church is legally entrtkd to it after any performance conditions have been met. thé amounts C2n be measur￿1 reli2t4y. 3nd it is prOba￿e that Income will be received.

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting p)licies Continued) Cash donations are rery)gnised on we￿ipL other th)nati￿S are reccgnised On￿ the Church has been notified of the donation, unless perforrnan￿ o)ndth"ons r8Juire deferral of the am¢>unl. Income tax recoverable in relation to donations received undei Gift or deeds of covenant is recogn1sed al the time of the donation. Legacies are recognised on receiKrt OF OtheTrvise if the Church ha5 been notified of an impendir dislTibution, the amount B known. and receipt is expected. If the amount is not known, the legacy is treated as a conlirvJtrFrt asseL Expendrture is re¢0Jn￿eli once there 15 a iegai or consuuciive ODivJaiion TO transTer economic benefft io a third paty, f£ is probable that a transfer of econcxnic benefts will be requir￿ in settlemen( the amount of the obligation can te measured reliatrAy. Expendf(ure is ¢lassrfied by acltvty. The ¢￿ts of each athvity are made ijp of the total of direGt ¢051s and shared costs, Including supF¥t costs Invo￿ed in undertaknng eac actwty. Direct costs attribulaljè to a single activrty are allocated directty to that actmty Shared costs which o)ntrilxrte to more than one ath.vity and support ￿$ts which are n¢￿ attnbutable to a Sing￿ aclmty are apportioned bebmeen those activrties on a basis ¢or1515tent wrth the use of reS¢MJr￿. Central staff costs ale allocat&J on the bask% of tsme spent, and depreciation charges are allocated on the portion ofthe asset's use. 1.5 Tangible fixed assets Tangible fixed assets are inrtialty measured at ¢c6t and sut6equently measured at cost or valuation, net of deweciation and any impaTrrmenl losse5. Equirffient used within the church premBes lindudirKJ the Church Centre and the Chase Team Offi￿) depreciated on a straghl line basis over fouf years. IrKlividual Ite￿ of equipment wth a purchase pri( of £1,500 or less are written off when the asset is acquir￿1. The gain or loss arising on the disposal of an asset determined as the difference between the Sale proceeds and the (2rrying value of the asset and B recognised in the statement of finanual actwrtie5. Conse¢red and ￿nefice pro￿rtY 1$ not in¢luded in the acoJunts by virtue of s9612)lal of the Charities Act 1993. Movable church ftjmishings hekl by the Vicar and Churchwardens on SFecRI trust for the PCC and whic require a facuty for disposal are lnal￿n3trAe property. listett in the Chur<'s inventory. which Can be inspected lal any reasonable timel. For anythirwJ awuired prior to 2000 there is insufft'cient cost information available and, therefore. such assets are not valued in the financial slaternents. 1.6 Flxed a%set investments Fixed asset investments are in￿￿lty measured at transat"on wce excluding transaction costs, and are sulJ%equently measured at fair value at each reFKsrh"ThJ date. Charges in fair value aTe recognised in net In￿me}(eXpendrtUreI foi the year. Transaction costs are expensed as incurred. 1.7 Impai1Tr￿nt of fixed assets At each reporting end dale, the Church revie￿8 the Carrying amounts of its tsrgilje assets lo determine whether there Ys any Indication that those assets have suffered an impaim)ent loss If any such indication exists, the recoverable amounl of the asset ￿ ests"mated in order to determine the extent of the imkEirrnent loss lif any).

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policies (Continued) 1.8 Cash and cash equivalents Cash and cash equwalenls include cash in haThl. deFK)sits held at call with banks, and other short-lerm liquid investments wth original maturities of three months or less. 1.9 Financial instruments The Church has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'other Financial Instfuments Issues, of FRS 11Y2 to all of its financial instwments. Financial instruments are recognised in the Church's balanc£ sheet the Church becomes party to the Contra￿Ual prowsions oi the in51TumeN. Basic ffnanelal 8ssets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price induding transaction ￿Sts and are sut6equenlly camed at amortised cost. Finanoal assets dassified as re￿1VatIe Nmthin one year are not amorti5ed. Basic finanual liabilities Basic financial liabilrties. including credttors and bank loans are inilialty recoJnised at transaction price. FinanrAal liabilrties dassified as payaue wrthin s)ne year are rsot amorkn"sed. Derecognition of financial liabilities Financial liabilrties are derecognised when the Church's contractual D￿lgat￿rts exFire OT are discharged OT cancelled 1.10 Employee benellts The cost of any unused holvjay enttlement is recognised in the pericyj in which the employee's services are re¥4ved. Tefmination benefrts are recognised immedtately as an expense ￿en the Church r8 dernonslra￿Y eommitted to terminate the employment (rf an emFAoyee or to provule termination beneffts. 1.11 Retirement benefits Payments to defined contribution retirement benefft schemes are charged a% an expense as they fall due. Crltlcal accountlng estlmates and Judgements In the application of the Church's accountiro policies. the trustees are requir&J to make judgemerrts. estimates and assumFions ab)ut the carrying amount of assets aTrJ liabilrties that are not readily apparent from other sources. The estimates and associated assumptiorts are based on htstorKal expeiience and other factors that are consklered to be relevant. Actual ￿$urtS may drffer from these estimates. The estimates and undertying assumpthJn$ are revIeV￿ on an ongoiThJ basis. Revisions to accounting estimate5 are recognBed in the peric¥J in which the eslimate ts revised where the revision affects only that peiiod, 01 in the period ol the ievi5ion and luiuie peri(xls vthere Ihe ievision affectts- both cuiienl and Tuluie periods.

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Donallons and legacles Unrestricted Restricted funds funds gèneral 2021 Total Unrestrid￿l Restrictw funds fvnds general Total 2021 2021 2020 2020 Legaue5 recewable Grant income lo.1￿1 10.0 18.289 6,i92 18,990 18,289 13.968 32,257 12.398 6,592 18,990 Grants receivable for core activitie5 DEFRA Grant Covid-19 SUPFX)rt Job Retention SCh￿e 6,592 6,592 10,000 2,398 17,669 620 17,669 620 10.(KIO 2.398 18,289 3,￿8 22.257 12398 6,5 18,990 Church activltles Church Church aeUvtrtOes aetFvllles 2021 2020 Activits"es Weddings and funeraL8 Capf(al proje¢ts Blessings fund Church hall 3,435 4,880 216 4,557 5,663 1,954 3,154 216 22,421 9,575 18,751 37,320 Analysis by fund Unrestricted funds- general Unreslrided funds- desunated Restricted funds 12,4 5,369 14,537 22,783 18,751 37,320

i (4 0 0￿0￿ ZI *Zlp41

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Investsnents UnTestricted Unrestricted funds funds general general 2021 2020 Interest receivable Other incomlng resources Unrestricted Restricted funds funds general 2021 Total Unrestricted RestriCt￿j fvnds funds geneTal 2020 Tota 121 2021 2020 2020 WDBF support for Youth Minister All Sairrts expenses share ar¥J othei income 5,0(XJ 5,0Th) 9,136 9,136 8,Y25 8,925 9.136 2.500 11. 8,￿25 5,000 13,925 10-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Charitable activities Church actovlties 2021 Church activities 2020 staff costs Depreciatson and impaim)ent Parish share Church 'awav' aNIThJ Clergy expenses and semce ts)sts Weddings and fiJnera￿ IWDBFI Office costs Youth and childrerts Work Mission and cornmunrty Buildings running aTh# maintenance costs Mis¢ellaneous Gift to St Mary's Churoh 62,$99 7,491 81,6(K) 15.622 4.198 2,876 4.8QK) 3.170 19.901 8,878 1.930 15.0 65,557 7.351 81,600 9,850 2,569 3,173 6,166 2,661 28,792 7,432 2,466 228,(￿5 217,617 Share of support cc6ts (see note 91 Share of governance costs (s& note 9) 480 690 6￿1 218,787 Analysis by fund Unrestricted fLJnds- general Unrestricted funds- designated Restricted lunds 192, 112 6,961 30,162 174,478 16,458 27,851 229,235 218,787

ST ANnRFW'.q fHI IRfH MAI VFRhl NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Support costs sUp￿rt Governan costs costs Supw)rt Governance costs Costs Accountsncy 480 Independent examination fees 690 690 480 1.170 480 6￿ t.170 Analysed be￿en Charrtable activrtie9 1.170 1,170 10 Trustees Payments to PCC Members." None lexdude5 reimbursement foT exper6esl. The exEEnses paid to clergy may include a small immaterial proporticfft which related to their funcb'on as a PCC member 11 Employaes Number of emplo￿* The average monthly nurntr￿[ of employees durirKJ the year was". 2021 Number 2020 Number Average number of employees Full tsme equivalents number of employees Employment costs 2021 2020 Wages and salaries Other pension costs 62,201 398 64,945 612 2,599 65,557 There were no ern￿oYeeS whose annual remuneration was £60.￿0 or mote.

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 12 Net gainslllosses) on investments Endovmient Endowment funds funds 2021 2020 Revaluaknon of investJnents 1265) 591 13 Transfers The transfer btheen f%Jnd represents the release of funds rai8ed lo purchase equipment followng acquisits.on of the same. 14 Tangible fixed assets Church Total Cost At 1 January 2021 Addrtion5 20,336 9,050 5,396 29,386 5.396 At 31 De￿rnber 2021 20,3 14,446 34,782 Al 1 January 2021 Depreciats'on charged in the year 7,550 5,085 6,413 2,4( 13.963 7.491 At 31 De￿mbe[ 2021 12,635 8,819 21.454 Carrying amount At 31 December 2021 7,701 5.627 13,328 At 31 December 2¢Y20 12,786 2,637 15.423 15 Fixed asset investments

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 15 Fixed a55et investments (Continued) Listed investments Cost or valuation Al 1 January 2021 Valuation changes 2,045 12651 At 31 December 2021 1,780 Carrylng amount At 31 December 2021 1,780 At 31 December 2020 2,045 16 Financial instruments 2021 2020 Cafrying amount of financial assets Ilfoiiurrieiiis frie￿￿1￿U dL Idll Vdiue iriiuLwJrt Piviii L¥1 iLbts i.iou 17 Debtors 2021 2020 Amounts falling duewithin one year: Trade debto 2,968 5,119 18 Creditors: amounts falling due within one year 2021 2020 other taxation and so¢ial se¢ur(ly Trade creditors Ac¢Juals and deferred incorne 552 1.496 1,563 737 331 1,289 3,611 2,357 14

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 19 Restricted funds The income funds 01 the charity indude ieslrityxal funds comrKtsirg the followrvJ unexpended balances of donations specffic purwses.. Movement in fu￿lS BalarKeat IrKroThr¥ Resowces Transfers 1 January 2021 Baartt at 31 Decenknr 2021 IkD Yoirth Minister Youth Evangelism 2,500 {2.500) 15%) 2.600 2,004 26,271 34.746 130.162) 30,855 Bance at 1 January 2020 TTrnslers Balance at 1 January2021 CAP Mafvem Youth Minister Youth Evangelism 28,354 18.168 s.￿0 122.851) 15.0001 23,671 2,600 2,600 30,954 23.168 {27,8511 26.271 The restrided lunds are derivwj from income re(ived expetx1ed to run the projects shown above. 15

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 viii These are unrestricted funds bthich are material to the Church's actNities made up as follows". Movement in lunds Ir￿cl￿r￿a Balanceat 1 kn￿ry2021 BaFance at 31 2021 Octsgon Cafe Defibrilator 3,031 120 514 60 11.4961 1791 2,049 101 Treasures Capital Fund Projects Blessings Fund Special Collections 448 82 530 156 156 312 6,707 4,557 13.3471 7,917 627 4.112 12.0391 12.700) 11,089 9,481 {6.9611 12,7CQ) 10,909 Balance at 1 January 2020 exrMded Balance al 1 January 2021 Octagon Cafe Defibrilator Littlè Treasures Ladies Ministry Caprtal Fund Projects Blessings Fund Special Collections 3,031 60 3,031 120 439 146 11371 448 199 11991 156 408 22,421 116.3211 199 6,707 208 419 627 4,345 23,202 116,458) 11,089 16

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ST ANDREW'S CHURCH. MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 There were no dtsdOSa￿e reLited party transactK)ns during the year12020- none).

Charlty Rtrjlstration No. 1128973 ST ANDREW'S CHURCH, MALVERN ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

ST ANDREW'S CHURCH, MALVERN ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 DECEMBER 2021 CONTENTS Page IndeFendent examine¢s report Statement of financial a¢Xivifies Balance sheet Notes to the financial statements 5-18

ST ANDREW'S CHURCH, MALVERN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST ANDREWS CHURCH, MALVERN I report to the truslÈes on my examination of the financial statements of St Andrews Church. Malvern Ithe Churchl for the year eThJed 31 December 2021. Rèsponsibilities 2nd basis ol report As the Iruslees of the Church you are reswrBJble for the preparation of the fir￿ncial 6tstements in accordan￿ wth the requirements of the Charrties Act 2011 Ithe 2011 Acll. I iewrt in respect of my examinth.on of the Church's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the appli¢atAe Direciions gNen by the Charity Commission undei section 14515llbl of the 2011 A(*. Indepèndent examiner's statement Your attention is drawn lo the fad that the charity has prepared financial statements in accordance wqth Accounting and Rep)rting by Charf(ies pre￿nr￿j their accounts in accordan¢e with the Financial Reporting Standard applicable in the UK and Reput￿1¢ of Ireland IFRS 1021 in PTeferen¢e to the Acfx)unting and Reporting by Chanties.. Statement of Re(y)mmended Praclice issued on 1 April 2005 which is referred lo in the extant regulations but has now wthdrawn. l undetstand that this has l)een done in order for financial ststements to provide a true and fair view in accordance with Generalty A¢ceFrted Accounting Ptactice effeclive for repofb'ng periods beginning on or after 1 January 2015. I have completed my examinabon. I confirm that no matters have come lo my attention in connection with the examination giving me cause to telieve th3t in any mateiial reSF￿¢l.. accounting re¢orts V￿re not kept in respect of the Chu¥ch as required by 5eckn.on 130 of the 2011 Pd", or the finanual statements do not arxord wth those recoTds". or the finanryal statements do not cofflply with the applicatle requirements ￿ncerning the form and content of aco)unts set out in the Charrties IAco)unts arKI Reportsl Regulations 20Q8 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 concems and have come across no other Matt￿ in o)nne¢tion with the examination lo attention shoukl be drawn in this report in order to enable a PfOFtr understandiro of the financial statements to be reached. El￿8beth Needham ACA CTA IVATI Kendall Wa¢Jley LLP Granta Lodge 71 Graham Road Malvern Worcestershlre WR14 2JS Dated.. 17 March 2022

ST ANDREW'S CHURCH, MALVERN STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 Curfent rinancial year Unrestrthd Uniestricted Restricted Endowment funds funds funds funds general designated 2021 2021 Total Total 2021 2021 2021 2020 Notes endowmen from= Donations and legaoes Church activities Voluntary Inco￿ Investments Other incoming resources 18,289 12,4 153,085 13. 32,257 18,990 4.112 17,392 174,589 90 168,848 9,136 11,636 13,925 Total incoma 193,0 9,481 34.746 237,323 239,127 Ex nditure on: Charitable activit'es 192,112 6,961 t.162 229.235 218.787 Net gairtslllossesl on investments 12 12651 12651 591 Net incomingl loutgoingl resources before tiansfeTS 2.520 12651 7,823 20,931 Gros5 transfers b*Neen fund5 13 2,7 12.7001 Net movement in funds 3.684 11801 12651 7.823 20,931 Fund balances at 1 January 2021 97.476 11.089 26,271 2,045 136,881 115,950 Fund balances at 31 December 2021 101.160 10.909 1.780 144,704 136,881 The statement of financial ath4rties includes all ga.'-s 2nd tsses rect)gp.isett in th. All income arKI expendfture derwe from continuing actNrties_

ST ANDREW'S CHURCH, MALVERN STATEMENT OF FINANCIAL ACTMTIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Prior financial year Unrestricted Unrestricted Restricted Endowmenl funds funds funds funds general designatad 2020 2020 Total 2020 2020 2020 ow Donations and legacies Church ath"vrties Voluntary income InveslmeDts Other incoming resources 12.398 14.537 156,853 44 8,925 6.5Y2 18,990 37.320 168,848 44 13,925 22,783 419 11,576 Total income 1￿2.757 23.202 23,168 239,127 Charitable aGtMlies 174.478 16,458 27.851 218,787 Net gainslllossesl on investments 12 591 591 Net incominglloutgoingl resources before transfers 18,279 6,744 14,6831 591 20,931 Net movement in funds 18,279 6.744 14,6831 591 20,931 Fund balances at 1 January 2020 79.197 4.345 30.954 1,454 115,950 Fund balances at 31 December 2020 97.476 11.Ch89 26,271 2,045 136,881 The statement of financial activrties indudes all gairts and thseg retxgnised in the year. All income and expenditure derive from continuing ath"vrties.

ST ANDREWS CHURCH, MALVERN BALANCE SHEET AS AT31 DECEMBER 2021 2021 2020 Notes Fixed assets Tangible assets Investments 14 15 13,328 1,780 15,423 2,045 15,108 17,468 Currènt assets Debtors Cash at bank and in hand 17 5.119 116,651 130.239 133.207 121,770 Creditors: amounts falling due within one year 18 13.6111 12,3571 Net Current assets 129,596 119,413 Total assets less Current liabillties 144,704 136,881 Capltal funds Endowment funds Income funds General restncted funds 1.780 2.045 30,855 26,271 19 30,855 26,271 Unrestricted fund Designated funds General unreslncted furbjs 10,909 101,160 11,089 97,476 112.069 108,565 21 144,704 138,881 The financial statements were approved by the Trustees on 17 March 2022 Rev D C 8ruce MA Chalr Dr D H Bames Deputy Chalr

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policies Charlty Informatfjon st Andrews Church, Malvem is an unincorporaled charrty arKI ts office B Churchjown Road, Malvern. WR14 3JX 1.1 Accounting COnven￿On The financial statements have been preFBred in accordance with the Charrties Act 2011 and ' Accounting and RerKJrting by Charrties.. Statement of RecommerKYed Practice applicable to charrties preparing their accounts in a¢¢tsrdan￿ the Finan¢ial Report"trffJ Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" hamng regard to the Church Representation Rules (last UFéated 2U201 I he tihurch Is a L%eneTrt tntsty as dehned by FKb 11Y2. The Church has taken advantage of the wovisions in the SORP for charrties applying FRS 102 Upjate Bulletin 1 not to prepare a Ststement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provK3e a true and fair view This departu￿ involved following the Statement of Recommended Prathce foi ¢harrties applying FRS 102 ralher than the version of the Statement of Recommended Practice which 6 referfe(I to in the Regulatiorts Lxrt which has since been wthdrawn The financial statements are prepared in sterling. which is the lunctional currency ol the Church. Monetary amounts in these financial statements are rounded to the nearest £. The financial stalements have been prepared under the historical wst cx)nvention, modified to include the revaluation of certain financial instruments at fair value. The principal acLountsng policies adopted ale set out below. 12 Going ¢on¢ern At the time of approving the financial stalements. the tnjslees have a reasonable expectation that the Church has adequate resources to continue in operational eXtsten￿ for the foreseeable future. Thus the trustees continue to adopt the goirg cortcem t)ass of acwunting in preparing the financial statements. 1.3 Charllable funds Unrestricted funds are available for use at the dI￿retIOn of the trustee8 in furtherance of their chaiitable obiecttves. DeS￿nated funds comprise lunds ￿lch have been set asxle at the discretion of the trustees for SFecifie purp&8es The purFX)ses and uses of the designated funds are set out in the notes to the financial statements. Restrided funds are subject to speixfic condrtions by donors as to how they may be used. The purpcyses and uses of the restricted funds are set out in the notes to the finanaal statements. Endowment funds are subject to SKtryfic ¢ondrtions by donor5 that the caprtal musl be maintsined by the Church. 1.4 Income Income is reo)gnBed vthen the Church is legally entrtkd to it after any performance conditions have been met. thé amounts C2n be measur￿1 reli2t4y. 3nd it is prOba￿e that Income will be received.

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting p)licies Continued) Cash donations are rery)gnised on we￿ipL other th)nati￿S are reccgnised On￿ the Church has been notified of the donation, unless perforrnan￿ o)ndth"ons r8Juire deferral of the am¢>unl. Income tax recoverable in relation to donations received undei Gift or deeds of covenant is recogn1sed al the time of the donation. Legacies are recognised on receiKrt OF OtheTrvise if the Church ha5 been notified of an impendir dislTibution, the amount B known. and receipt is expected. If the amount is not known, the legacy is treated as a conlirvJtrFrt asseL Expendrture is re¢0Jn￿eli once there 15 a iegai or consuuciive ODivJaiion TO transTer economic benefft io a third paty, f£ is probable that a transfer of econcxnic benefts will be requir￿ in settlemen( the amount of the obligation can te measured reliatrAy. Expendf(ure is ¢lassrfied by acltvty. The ¢￿ts of each athvity are made ijp of the total of direGt ¢051s and shared costs, Including supF¥t costs Invo￿ed in undertaknng eac actwty. Direct costs attribulaljè to a single activrty are allocated directty to that actmty Shared costs which o)ntrilxrte to more than one ath.vity and support ￿$ts which are n¢￿ attnbutable to a Sing￿ aclmty are apportioned bebmeen those activrties on a basis ¢or1515tent wrth the use of reS¢MJr￿. Central staff costs ale allocat&J on the bask% of tsme spent, and depreciation charges are allocated on the portion ofthe asset's use. 1.5 Tangible fixed assets Tangible fixed assets are inrtialty measured at ¢c6t and sut6equently measured at cost or valuation, net of deweciation and any impaTrrmenl losse5. Equirffient used within the church premBes lindudirKJ the Church Centre and the Chase Team Offi￿) depreciated on a straghl line basis over fouf years. IrKlividual Ite￿ of equipment wth a purchase pri( of £1,500 or less are written off when the asset is acquir￿1. The gain or loss arising on the disposal of an asset determined as the difference between the Sale proceeds and the (2rrying value of the asset and B recognised in the statement of finanual actwrtie5. Conse¢red and ￿nefice pro￿rtY 1$ not in¢luded in the acoJunts by virtue of s9612)lal of the Charities Act 1993. Movable church ftjmishings hekl by the Vicar and Churchwardens on SFecRI trust for the PCC and whic require a facuty for disposal are lnal￿n3trAe property. listett in the Chur<'s inventory. which Can be inspected lal any reasonable timel. For anythirwJ awuired prior to 2000 there is insufft'cient cost information available and, therefore. such assets are not valued in the financial slaternents. 1.6 Flxed a%set investments Fixed asset investments are in￿￿lty measured at transat"on wce excluding transaction costs, and are sulJ%equently measured at fair value at each reFKsrh"ThJ date. Charges in fair value aTe recognised in net In￿me}(eXpendrtUreI foi the year. Transaction costs are expensed as incurred. 1.7 Impai1Tr￿nt of fixed assets At each reporting end dale, the Church revie￿8 the Carrying amounts of its tsrgilje assets lo determine whether there Ys any Indication that those assets have suffered an impaim)ent loss If any such indication exists, the recoverable amounl of the asset ￿ ests"mated in order to determine the extent of the imkEirrnent loss lif any).

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accounting policies (Continued) 1.8 Cash and cash equivalents Cash and cash equwalenls include cash in haThl. deFK)sits held at call with banks, and other short-lerm liquid investments wth original maturities of three months or less. 1.9 Financial instruments The Church has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'other Financial Instfuments Issues, of FRS 11Y2 to all of its financial instwments. Financial instruments are recognised in the Church's balanc£ sheet the Church becomes party to the Contra￿Ual prowsions oi the in51TumeN. Basic ffnanelal 8ssets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price induding transaction ￿Sts and are sut6equenlly camed at amortised cost. Finanoal assets dassified as re￿1VatIe Nmthin one year are not amorti5ed. Basic finanual liabilities Basic financial liabilrties. including credttors and bank loans are inilialty recoJnised at transaction price. FinanrAal liabilrties dassified as payaue wrthin s)ne year are rsot amorkn"sed. Derecognition of financial liabilities Financial liabilrties are derecognised when the Church's contractual D￿lgat￿rts exFire OT are discharged OT cancelled 1.10 Employee benellts The cost of any unused holvjay enttlement is recognised in the pericyj in which the employee's services are re¥4ved. Tefmination benefrts are recognised immedtately as an expense ￿en the Church r8 dernonslra￿Y eommitted to terminate the employment (rf an emFAoyee or to provule termination beneffts. 1.11 Retirement benefits Payments to defined contribution retirement benefft schemes are charged a% an expense as they fall due. Crltlcal accountlng estlmates and Judgements In the application of the Church's accountiro policies. the trustees are requir&J to make judgemerrts. estimates and assumFions ab)ut the carrying amount of assets aTrJ liabilrties that are not readily apparent from other sources. The estimates and associated assumptiorts are based on htstorKal expeiience and other factors that are consklered to be relevant. Actual ￿$urtS may drffer from these estimates. The estimates and undertying assumpthJn$ are revIeV￿ on an ongoiThJ basis. Revisions to accounting estimate5 are recognBed in the peric¥J in which the eslimate ts revised where the revision affects only that peiiod, 01 in the period ol the ievi5ion and luiuie peri(xls vthere Ihe ievision affectts- both cuiienl and Tuluie periods.

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Donallons and legacles Unrestricted Restricted funds funds gèneral 2021 Total Unrestrid￿l Restrictw funds fvnds general Total 2021 2021 2020 2020 Legaue5 recewable Grant income lo.1￿1 10.0 18.289 6,i92 18,990 18,289 13.968 32,257 12.398 6,592 18,990 Grants receivable for core activitie5 DEFRA Grant Covid-19 SUPFX)rt Job Retention SCh￿e 6,592 6,592 10,000 2,398 17,669 620 17,669 620 10.(KIO 2.398 18,289 3,￿8 22.257 12398 6,5 18,990 Church activltles Church Church aeUvtrtOes aetFvllles 2021 2020 Activits"es Weddings and funeraL8 Capf(al proje¢ts Blessings fund Church hall 3,435 4,880 216 4,557 5,663 1,954 3,154 216 22,421 9,575 18,751 37,320 Analysis by fund Unrestricted funds- general Unreslrided funds- desunated Restricted funds 12,4 5,369 14,537 22,783 18,751 37,320

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ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Investsnents UnTestricted Unrestricted funds funds general general 2021 2020 Interest receivable Other incomlng resources Unrestricted Restricted funds funds general 2021 Total Unrestricted RestriCt￿j fvnds funds geneTal 2020 Tota 121 2021 2020 2020 WDBF support for Youth Minister All Sairrts expenses share ar¥J othei income 5,0(XJ 5,0Th) 9,136 9,136 8,Y25 8,925 9.136 2.500 11. 8,￿25 5,000 13,925 10-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Charitable activities Church actovlties 2021 Church activities 2020 staff costs Depreciatson and impaim)ent Parish share Church 'awav' aNIThJ Clergy expenses and semce ts)sts Weddings and fiJnera￿ IWDBFI Office costs Youth and childrerts Work Mission and cornmunrty Buildings running aTh# maintenance costs Mis¢ellaneous Gift to St Mary's Churoh 62,$99 7,491 81,6(K) 15.622 4.198 2,876 4.8QK) 3.170 19.901 8,878 1.930 15.0 65,557 7.351 81,600 9,850 2,569 3,173 6,166 2,661 28,792 7,432 2,466 228,(￿5 217,617 Share of support cc6ts (see note 91 Share of governance costs (s& note 9) 480 690 6￿1 218,787 Analysis by fund Unrestricted fLJnds- general Unrestricted funds- designated Restricted lunds 192, 112 6,961 30,162 174,478 16,458 27,851 229,235 218,787

ST ANnRFW'.q fHI IRfH MAI VFRhl NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Support costs sUp￿rt Governan costs costs Supw)rt Governance costs Costs Accountsncy 480 Independent examination fees 690 690 480 1.170 480 6￿ t.170 Analysed be￿en Charrtable activrtie9 1.170 1,170 10 Trustees Payments to PCC Members." None lexdude5 reimbursement foT exper6esl. The exEEnses paid to clergy may include a small immaterial proporticfft which related to their funcb'on as a PCC member 11 Employaes Number of emplo￿* The average monthly nurntr￿[ of employees durirKJ the year was". 2021 Number 2020 Number Average number of employees Full tsme equivalents number of employees Employment costs 2021 2020 Wages and salaries Other pension costs 62,201 398 64,945 612 2,599 65,557 There were no ern￿oYeeS whose annual remuneration was £60.￿0 or mote.

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 12 Net gainslllosses) on investments Endovmient Endowment funds funds 2021 2020 Revaluaknon of investJnents 1265) 591 13 Transfers The transfer btheen f%Jnd represents the release of funds rai8ed lo purchase equipment followng acquisits.on of the same. 14 Tangible fixed assets Church Total Cost At 1 January 2021 Addrtion5 20,336 9,050 5,396 29,386 5.396 At 31 De￿rnber 2021 20,3 14,446 34,782 Al 1 January 2021 Depreciats'on charged in the year 7,550 5,085 6,413 2,4( 13.963 7.491 At 31 De￿mbe[ 2021 12,635 8,819 21.454 Carrying amount At 31 December 2021 7,701 5.627 13,328 At 31 December 2¢Y20 12,786 2,637 15.423 15 Fixed asset investments

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 15 Fixed a55et investments (Continued) Listed investments Cost or valuation Al 1 January 2021 Valuation changes 2,045 12651 At 31 December 2021 1,780 Carrylng amount At 31 December 2021 1,780 At 31 December 2020 2,045 16 Financial instruments 2021 2020 Cafrying amount of financial assets Ilfoiiurrieiiis frie￿￿1￿U dL Idll Vdiue iriiuLwJrt Piviii L¥1 iLbts i.iou 17 Debtors 2021 2020 Amounts falling duewithin one year: Trade debto 2,968 5,119 18 Creditors: amounts falling due within one year 2021 2020 other taxation and so¢ial se¢ur(ly Trade creditors Ac¢Juals and deferred incorne 552 1.496 1,563 737 331 1,289 3,611 2,357 14

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 19 Restricted funds The income funds 01 the charity indude ieslrityxal funds comrKtsirg the followrvJ unexpended balances of donations specffic purwses.. Movement in fu￿lS BalarKeat IrKroThr¥ Resowces Transfers 1 January 2021 Baartt at 31 Decenknr 2021 IkD Yoirth Minister Youth Evangelism 2,500 {2.500) 15%) 2.600 2,004 26,271 34.746 130.162) 30,855 Bance at 1 January 2020 TTrnslers Balance at 1 January2021 CAP Mafvem Youth Minister Youth Evangelism 28,354 18.168 s.￿0 122.851) 15.0001 23,671 2,600 2,600 30,954 23.168 {27,8511 26.271 The restrided lunds are derivwj from income re(ived expetx1ed to run the projects shown above. 15

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 viii These are unrestricted funds bthich are material to the Church's actNities made up as follows". Movement in lunds Ir￿cl￿r￿a Balanceat 1 kn￿ry2021 BaFance at 31 2021 Octsgon Cafe Defibrilator 3,031 120 514 60 11.4961 1791 2,049 101 Treasures Capital Fund Projects Blessings Fund Special Collections 448 82 530 156 156 312 6,707 4,557 13.3471 7,917 627 4.112 12.0391 12.700) 11,089 9,481 {6.9611 12,7CQ) 10,909 Balance at 1 January 2020 exrMded Balance al 1 January 2021 Octagon Cafe Defibrilator Littlè Treasures Ladies Ministry Caprtal Fund Projects Blessings Fund Special Collections 3,031 60 3,031 120 439 146 11371 448 199 11991 156 408 22,421 116.3211 199 6,707 208 419 627 4,345 23,202 116,458) 11,089 16

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ST ANDREW'S CHURCH. MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 There were no dtsdOSa￿e reLited party transactK)ns during the year12020- none).