2025-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Andrew Malvern

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St Andrew’s Church, Malvern 2025

Trustees Annual Report 2025

Annual Report of the Parochial Church Council For the year 1[st] January to 31[st] December 2025

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 2025

1. Introduction and Background

‘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 2022 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 co-operating 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 (2025) detail local church governance arrangements and provide the framework under which PCCs and parishes operate to best serve ministry and mission in their contexts. Part 9 of the Church Representation Rules provides the framework for Parish Governance including meetings, elections and proceedings.

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 United Benefice of the Chase Team Ministry which includes St Mary’s Pickersleigh and All Saints Malvern Wells & Wyche. During 2024 the vision of The Chase Team fully working together as a United Benefice was finally realised.

The three parishes in The Chase Team each have their own Parochial Church Council. St Andrew’s is a registered charity and the other two churches are excepted charities. The Chase Team has a Team Rector and a Vicar in The Chase Team. The Rector and the Vicar are remunerated through the Diocese of Worcester. The Rector holds overall administrative, spiritual, and pastoral authority, overseeing worship services, managing parish resources, leading staff, and providing pastoral care to the community. He is supported by the staff team and numerous volunteers.

St Andrew’s Parochial Church Council (PCC) has the responsibility of working with the Team Rector and Vicar, 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 and upkeep of the St Andrew’s Church Centre complex.

St Andrew’s is also the lead church for the local (Malvern and Ledbury) branch of Christians Against Poverty (CAP) and as such responsible for the staff and finances of the local branch. CAP offers reliable, practical one to one help to those in debt and believes that no one should face debt alone.

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St Andrew’s Church, Malvern 2025

2. Objectives and Activities

The three churches in the Chase Team work very closely together and share as much as possible, including joint mission statements to describe our core purpose:

Encountering Jesus in Worship, Prayer, Word and Spirit.
Growing whole-life, life-long disciples sent into our communities.
Seeing lives transformed and communities flourish as we demonstrate and proclaim God’s Kingdom.
Raising the next Generation to live for Jesus.

This is illustrated on the following diagram and all under pinned by the strapline ‘ Partnering with God in the flourishing of our communities ’.

It is worth particularly noting that for the ‘Raising the next Generation’ mission, approximately 5% of the total 0-17s and 10% of the total youth involved in the Diocese of Worcester attend regular St Andrew’s young peoples’ events.

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St Andrew’s Church, Malvern 2025

The core purpose of The Chase Team is supported by the following values:

3. Public Benefit Statement

When planning and undertaking activities for the year, the PCC have considered the Charity Commission’s guidance on public benefit including the specific guidance for the advancement of religion. In particular we try to enable everyone to live out their faith as part of our community through:

Providing resources and facilities for public worship, pastoral care and spiritual development for both those living in the Parish and beyond.
Promoting the Christian religion and Christian values for the benefit of individuals and society as a whole.
Missionary and outreach work.
Making the facilities of the Church Centre available to the wider community (rather like a village hall).
Providing the Malvern and Ledbury CAP debt facilities through two (soon to be four) debt coaches supported by volunteer counsellors.

The local community directly benefits from a whole range of activities, services and events that St Andrew’s provides. These include toddler groups, children’s groups, youth groups, 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 and is well used.

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St Andrew’s Church, Malvern 2025

4. Achievements and Performance

2025 was very much a year when we built upon the formation the previous year of the Chase Team as a United Benefice, with our new Team Vicar (Rev Emily Spencer), new Operations Manager (Neil Attewell) and Youth Ministry Leader (initially Nathan Shipton and later covered by Tristan Mitchell).

The total number of our worshipping community increased by 8% in 2025 including over 100 under 18s.

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Worshipping Community	160	201	244	261	263	297	326	332	377	356	385
0-17s Worshipping Community	43	55	63	69	66	71	84	75	103	95	104

Our 2025 Annual Review (prepared as part of The Chase Team) for the Annual Parochial Church Meetings (available at St Andrew’s Church or from our web site www.chaseteam.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:

Continued growth of our different congregations.
Regular children and young people’s ministry including toddler groups, children and youth groups on a Sunday.
Nearly 1000 ‘Easy read Gospels’ given out to people in our communities free.
Two very successful Alpha Courses which have seen several people come to faith.
Increased involvement in our Church of England Primary Schools.
Contributing to Churches Together ‘HOPE25’ outreach event in Priory Park
Another great summer Holiday club for over 60 children.
Supporting the work of our mission partners, both locally, nationally and internationally (including Church Mission Society, Urban Neighbours of Hope, Josiah Ventures, Msalato Theological College, Open Doors and iSingPop), donating over £20,250 to these organizations in 2025.
Serving our community through occasional offices: funerals, weddings and baptisms.
Supporting local people in financial difficulty through the Blessings Fund.
Continuing to developing leadership structures, ‘strategic teams’ and ‘congregational leadership teams’ to lead in different areas of ministry.

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St Andrew’s Church, Malvern 2025

5. Future Plans

We have sensed that for 2026 we will be continuing to build firm foundations for the Chase Team and from this expanding our ministry further.

The key areas for the coming year will therefore be:

To appoint a new Youth Ministry Leader to lead our work amongst young people in our churches and our communities.
Developing new and strengthened leadership structures across the Chase Team and within St Andrew’s to provide further sustainability for ministry and opportunities to develop new leaders.
Continuing to develop the Chase Team and developing continued support for the Pickersleigh Community, particularly in children and youth ministry.
Exploring new ‘worshipping communities’ to reach those in our community for whom current services are not a good fit.
Continued support and focus on ‘frontline mission’ and equipping people to be disciples in their Monday to Saturday lives.
Continued involvement with our Church of England Schools including input into the Christian Vision, Parenting Courses and assemblies and lessons.

6. Fundraising Practices

The majority of St Andrew’s income comes from regular giving by members of the congregation through bank transfers, payroll giving and cash collection. As much as practical is Gift Aided. Occasionally (usually not more than once a year) we run a campaign to encourage our members to review their giving or to contribute to a particular project / initiative. Some other income is collected through fees for weddings and funerals, hiring out the rooms in the Church Centre, one off donations, grants and contributions at events and similar.

7. Financial Review

Total income from all sources for the year was £307,743, compared to £295,520 in 2024, representing a 4% increase year on year.

Expenditure in the year was £328,409, compared to £314,784 in 2024, representing a 4% increase.

The net effect of these results produced a £20,736 decrease in net resources over the year to £218,325 (£239,061 at 31 December 2024). Of this:

£1,687 (2024 - £1,757) is permanently endowed,

£37,258 (2024 - £45,364) is held for restricted use and

£11,681 (2024 - £13,715) is designated by the Church for specific purposes. This leaves £167,699 (2024 - £178,225) as unrestricted funds which, after due allowance for tangible fixed assets, gives £160,531 (2024 - £170,139) as freely available reserves for use in the future charitable activities of the Church.

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St Andrew’s Church, Malvern 2025

We are very grateful to all those who have (and continue) to give to the work and upkeep of our church and beyond.

8. 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 (up to approximately £80,000). 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 to medium-term needs are invested with the CBF Church of England Deposit Fund or are held as cash equivalent savings with Lloyds Bank on longer than 3 month terms. 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.

9. 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 and support costs and clergy expenses for The Chase Team are shared between the three PCCs on the basis of the size of congregations and affordability. The clergy stipends are met by the Church Commissioners.

St Andrew’s employs two part-time cleaners and jointly on behalf of The Chase Team, employs:

An Operations Manager. To oversee and manage all of the practical, administrative and operational aspects of church life and play a vital role in supporting our leadership and congregations.
A Personal Assistant to the Rector (part time) for the latter part of 2025.
Our Office Administrator (part time) continued through 2025 and also provide support for the Church Centre including managing external bookings
A Youth Ministry Leader. This important post was filled (30 hours per week) to the end of August 2025 and is currently being re-advertised. In the meantime, a member of the congregation covered the role and has been paid part time since November

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St Andrew’s Church, Malvern 2025

A Children and Families Ministry Leader (part time) and an Assistant Children and Families Ministry Leader (part time).

In addition, as the lead church for Christians Against Poverty (CAP) in the Malvern & Ledbury area we employ two part time staff as the CAP Debt Centre Manager and the CAP Debt Coach.

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

When appointed, new PCC members confirm their eligibility to be a Charity Trustee and are provided with an introduction to their role, typically including how the PCC operates, the importance of being a Charity Trustee and a Church financial introduction/overview.

The PCC has in place a high-level risk register to cover its overall responsibilities and reviews this on a regular basis to ensure that it is addressing all aspects of its responsibilities, including those as Charity Trustees.

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

A Health & Safety Policy is in place and reviewed annually, supported by an appropriate set of responsibilities, rules and risk assessments. This includes a fire risk assessment and appropriate test procedures, e.g. fire alarms, emergency lighting, gas and electrics.
The Church Centre provides level access to virtually all areas and provides fully compliant disabled facilities.

10. Safeguarding

The PCC has fulfilled its duty to comply with the House of Bishops’ Safeguarding Policy and Practice Guidance.

During 2025, 33 members of the church have completed DBS checks and 106 training courses have been completed at various levels. 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.

During 2025, some of our members were affected by a data breach through the organisation which handles DBS checks for Worcester Diocese. We followed all requirements and advice to report and handle the breach correctly.

The parish is now compliant with all Church of England requirements. All required documents and procedures in place and good practice is being implemented.

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St Andrew’s Church, Malvern 2025

11. Reference and Administrative Details

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 and Contact

Covered by the Operations Manager, c/o St. Andrew’s Church, Churchdown Road, Malvern, WR14 3JX.

Leadership

Rector: Revd Dave Bruce Vicar in The Chase Team: Revd Emily Spencer Retired Clergy: Revd Nick Clarke Revd David Ritchie Revd Mark Slater Revd Helen Wilkinson

Operations Manager Neil Attewell Youth Ministry Leader: Nathan Shipton (to 31[st] August 2025) Tristan Mitchell (cover from 1[st] September 2025)

Children and Families Ministry Leader: Helen Attree Assistant Children and Families Ministry Leader: Ruth Wharton

Wardens: Steve Beldon Carole Nicholls Locally Licensed Ministers: Derham Cook Judith Keene Heather Williamson

Deanery Synod Representatives: Jane Mortimore

Christians Against Poverty Malvern & Ledbury:

Denise Ditchburn (Debt Centre Manager) Kat Costello (Debt Coach)

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St Andrew’s Church, Malvern 2025

Trustees (PCC Members)

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

Dave Bruce (Chair) Emily Spencer (Vicar) Derek Barnes (Vice Chair) Steve Beldon (Church Warden) Carole Nicholls (Church Warden) Andy Lymer (Treasurer) Derham Cook Nick Fane Val Fane (Parish Safeguarding Officer) Graham Harvey (from 6[th] April 2025) Roger Kennell (Co-opted to 6[th] April 2025) Sylvia Knott Anna Laidler Jin Mehta Tristan Mitchell Jane Mortimore Jennifer Oakley Colin Robbins Helen Simpson Heather Williamson Helen Wilkinson

11. Declaration:

The Trustees (PCC) declare that they have approved this Trustees Annual Report at their meeting on the 26[th] March 2026. Signed on behalf of the PCC:

Revd Dave Bruce MA Chair

Dr Derek Barnes Deputy Chair

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Charlty Regl8tratlon No. 1128973 ST ANDREWS CHURCH, MALVERN FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

ST ANDREW'S CHURCH, MALVERN CONTENTS Page Independent examinerfs report St8lemenl of financial activi116S Balance sheet Notes lo the flnandal ststemen18 5-21

ST ANDREWS CHURCH, MALVERN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST ANDREWS CHURCH, MALVERN I report to the tn181ee8 on my examination of the finandal statements of Sf AndS Church, Malvem (the Chur¢h} for the ygar ended 310eaember 2025. Responslbllltl&8 And bas18 of report As the trustees of the Church you ara r8sp¢n$I& ft>r the preparaliorn of the financial slalemenls in ac¢ordanctr wllh the raqulremenls of the Charht88 Act 2011. I report In respect of rny examination of the Church's finanryal statements carried out under section 145 of the Charities Act 2011. In carrying oul my examlnallon I have followed the Directions glven by the CharSty Commission undor saction 1451511bl of tho Chaiibe8 Act 2011. Ind•pondent examlnerfB statement Slnc6 thé Church's gross Incom& exceeded £250,000, the independent examiner musl b6 a member of a bcKIy Ilsled in section 145 of the Charities Act 2011. 1 confimi thal l am qualified to undertake the examinatlon b6cau8e l am a Member of the Instibjte of Chartered Aecounlants In England and Wales. which is one of the Ilsled bodies. I have completed my examlnallon. I confirm that no matters have come to my atlenllon In connection with the examinallon giving me cause lo believe that in any matarial r&spo¢1'. ac¢oLtnllng records were not kept In Tespect of the Church as required by sectlon 130 of the Charflies Act 2011. the financlal statements do not accord with those records., or the financial slalomanls do not comply with thè applicable requlrem8nis concemlng the form and conlenl of financial statements set out in the Charities (Accounts and Reports) Rggulalions 2008 other thar) any requirement that the fflnancial statements give a tru¢ and fair vlew, which Is not a matter considered as part of an indepandent examination. I have no concerns and have come aL¥QSS no other mallers in conneetlon wllh the ex8mlnallon lo which attention sho be drawn in this report in order to gnable a proper underslandlng of the financial slalernenls lo ed. th NÉedham ACA CTA (VAT) Kendall Wadley LLP Granla Lodge 71 Graham Road Maarn Worceslgr$hire WR14 2JS Dated.. 26 March 2026

ST ANDREW'S CHURCH, MALVERN STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Cuffent flnanclal year Unrestricted Unre¥tri¢ted Re8trl¢tod Endowment fund$ funds funds funds 9on¥ral d•$lgnatgd 2026 2026 Total Total 2025 2025 2025 21Y24 Notss Income ondowments from: Grants and legacies Voluntary income Church 8cliMtses Invastmenls Other income 210 190,245 26,294 3,872 16,245 10,852 40,091 12,1S2 395 1,000 11,062 230.481 44,688 4.267 17,245 14,750 220,263 41,837 5,753 12,917 145 6,232 Total Income 236.866 6.377 64,500 307.743 295,520 Ex enditure on: Charitable acllvlties 222,845 9.294 98,470 328,409 314,764 N@t Ilosses)Igains on nveslrnents 11 170} 1701 Net income Ilexpenditure) fOre transfers 14,221 P,91n 131.9701 170} 120,7381 119,225} Gros8 Iran8f8r8 belween fvnds Is 124,7471 883 23,884 Net movement In funds {10,5261 12.0341 18,1061 1701 {20.7361 {19,2251 Fund balances al 1 January 2025 178,225 13.715 45,364 1.757 239.061 258,286 Fund balances at 31 Do¢embfrr 2025 167,699 11,681 37.258 1,687 218,325 239,061 Thg statgmenl of financial 8¢tivllies inciudes all gains and loss&s recogni8ed In the year.

ST ANDREW'S CHURCH, MALVERN STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Prior flnanclal year Unrostrtctsd Unr8$trl¢tod Ro8trl¢t¥d Endowm#nt funds funds fund8 funds general designated 2024 2024 Totsl 2024 2024 2024 Notos In¢ome nd endowments from: Grants and lega¢les Voluntary Sncome Church activities Investments Other income 14,750 22,087 10.362 523 14,750 220,263 41.837 5,753 12,917 197,535 23,570 5,230 12.917 641 7,885 Total In¢om9 239,252 8,526 47,742 295.520 Ex end[tU on.. Charltsble actlvlllè8 210,129 10,838 93,817 314,784 Net gains on investtnenls 39 Not Incomo I(pxndItur& beforo transfers 29.123 12,3121 146,075) 39 {19,225) Gross transfers between fund8 16 {5,729) 2,729 3,000 Net movement In funds 23,394 417 143.075} 39 119,225} Fund balances at 1 January 2024 154,831 13.298 88,439 1,718 258,286 Fund balanc8$ at 31 Dg¢ember 2024 178,225 13,715 45,364 1,757 239,061 The slalement of financial aeAivities indud8s all gains and108868 recognlsed in the year.

ST ANDREW'S CHURCH, MALVERN BALANCE SHEET AS AT31 DECEMBER 2025 2026 2024 Notes Flxed assets Tangible a8sel8 Investments 16 17 5,481 1,687 8,08e 1.757 7,168 9.843 Curront asset8 Debtor8 Investments Cash at bank and in hand 19 21,320 79,731 121,465 7,237 238,626 222,516 245,863 Crodltors: amounts falllng duo wlthln one year 21 111,3591 116,6451 Net cuffont assgls 211.157 229,218 Total assets lets8 current Ilablllt108 218,325 239,061 Capital fund$ Endowment funds In¢ome funds General restiicled funds 23 1,687 1,757 37,258 45,364 24 37,258 45,364 Unreslrided fun Designated fund5 General unreslricted funds 25 11,681 167,699 13,71S 178,225 179.380 191.940 26 218,325 239.061 The financAal statements were approved by the Trustees al their PCC rneeling on th8 261h March 2026 Rev D C BNc8 MA Chalf DrD H Bamos Deputy Chalr

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Charfty Informatlon Sl Andrew's Church, Malvem Is an unlncorporaled charity registered in England and Wales Id)arlty number.. 11289731 and ils office is Churchdown Road, MalvGrn. WR14 3JX. 1.1 Accountlng ¢onvéntlon The fin8n¢lal slalements have been prepared In awrd8nce wllh tho Charflles Act 2011 and "Accountlng and Reporting by Charilles.. Statement of Recomrnènded Practi¢8 applicable lo charities preparing their accounts In accordance with the Finandal Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectwe 1 January 20191" havlng regard lo the Church Representation Rules (last updated 20201. The Church is a Public Benefit Entity as defined by FRS 102. The Church has taken 8dvanlagg of th8 provlslons In the SORP for charities applying FRS 102 Updatè Bulletin 1 not lo prepare a Stal&m8nl of Cash Flows. The financial statements have departed from the Charfties (Accounts and Report81 R8gulalions 2008 only lo tha axtenl r6quirad lo provide a tru8 and fair view. This departure ha3 involved following the Slalement of Recomm6nded Pra1¢0 for charllies applying FRS 102 rather than the version of the Slalement of Recommended Practice whlch is referred lo in the Regulations but which has sincg been withdrawn. The flnancial statements are prepared In sterflng, whlch Is the funclSonal currency of th8 Church. Monetary amounts in these financial slalements are rounded lo the nearest £. The flnancial slalemenls have been prgpared under the hislorical cost convention, modilled to Include the revaluation of c6rtain financial instruments at fair value. Thg principal a¢¢ounllng poli¢ie8 adopted are $01 out below. 1.2 Going concom Al the lime of approving the financial slalements. the trustees hav8 a reasonable expectation that the Church has adequate resources lo continue in operational existence for th& foresaeablfj future and that there are no m8lerial un¢ertainties about its abillly lo continue. Thus th& trustges conllnue lo adopt the going concem basls of aGcountlng in Pfgparing the finanaal 8tstements. 1.3 Charftabl• funds Unrestricted funds are avallable for use at the dls¢rollon of the Iruslee8 In fUrIheran of their charitable oblecllves. Deslgnaled fvnds ¢omprl8e funds whS¢h have been sel aside at the discretion of the trustees for specffic purposes. The purposes and uses oflhe designated funds are set out In the notès to the finan¢ial stst8ments. Restrlcted ftjnds are subject to Spec[C conditions by donors or grantors as lo how they may be used. The purposes and uses of the rgstriotgd funds are sel out In the notes lo the llnat)cLg1 slalements. Endowment funds are subject to 8peufic condition3 by donor5 that the capital must be maintained by the Church. 1.4 Incomg Income is recognised when the Church is legally enlilled lo il after any perfomiance condlllons have bggn met. the amounts can be measured reliably, and il is probable that income will be rgcelved. Cash donalSons are recognlsfjd on recelpl. Other donallons are recognised onca the Church has been notlfled of the donallon, unless perfomiance ¢ondillon8 require deferral of the arnount. InGome lax recoverable in Telalion lo donations receed under GSftAid or deeds of covenant IB recognlsed al the Ilme of the donation.

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 A¢countlng policles {Continued Legacles ar8 recognis&d on reIpl or otherwise if the Church has been nolilied of an Impendin9 dislribulion, the amount is known. and receipt is expected. If the amount Is not known. the legacy 18 Irealed as a contingent as881. Expenditure is recognised once thera is a legal or constructive obligation lo transfer economic benefrt to a third party, il is probable that a transfer of economlc benefits wll be required in settlemonl, and Ihg amount of thè obligallon eAn bg mèasured reliably. Expenditure Is cl88sified by acllvlty. The costs of é8ch aotThiily are made up of the total of direct costs and shared costs, including support costs involved in undèrt8king oach aclivity. Direct ¢osl$ attributsble lo a single activity are allocated direcuy to that activity. Shared costs whlch ¢onlribule to mole than ong activity and support costs which are not allrlbutsble lo a single actlvity are apportioned between those activities On 8 basis consistent with the use of resources. Central staff ¢osts are allocated on the basis of lime sp8nl, and depre¢i8lion charges are allcKaled on the portlon of the asset's use. 1.5 Tangible fix•d a$$gts Tangible fLxgd 8gS61s are initlally measured al cost and subsoquenlly mgasured al cost or valuation, net of depreciation and any impainnont lossas. Equipment is deprecialtsrl on 8 Straight 1Sne basis over four years. Indivldual iloms of equipment with a puichase price of £1,500 or les8 a writton off when the asset is acquired. The gain or105s arising on the disposal of an asset is determined as the differen¢e betwoan the sale proceeds and Ihg carrying value of the asset, and is recognised In tho Statement of ffnancial adlvili@s. Con$ecr8ted and benefice property is not indudad In the accounts by virtue of $9612}lal of Ihfy Charitie5 Act 1993. Movable church furnishings hèld by the Vlcar and Churchwardens on sperAal trust for the PCC and whlch requlrg a faculty for disposal are inalienable property, listed Sn the Church's inventory, whl¢h can be Inspected {al any reasonable lime). For anything acquired prior 10 2000 ther& Ss insufficient cost infomalion availabla and, Iherefoie, such assets are not valued Sn the financial slalemènl8. 1.6 Flx•d assgt investments Fixed asset investments are inilialty measured al transa¢tion price excluding transaction 81s, and are 3ubyequenlly measurod at fair value al each reporting dal8. Changes in fair value are r8cognls8d in nel incomel{exp8nditurel for the yasr. Transaction costs are exp8nsed a8 incuNed. 1.7 Impalrniont of fixed assets Al gach reporting end dale, the Church reviews the carying amount8 of Its tsnglble assets lo determine whelh&r there is any indication that those a58els have suffered an impairnienl loss. If any such indication exists, the reVerable amount of the asset is estimated in order lo delormine the exlenl of the Impairment loss lif any). 1.8 Cash and cash equlvalents Cash and cash equivalents Include cash In hand, dgposils held at call with banks, and other $hort-terrn liquid Investments th origlnal maturities of thre8 months or less.

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢ounllng poll¢lg$ Iconllnuodl 1.9 Flnan¢lal Instruments The Church has elted Its apply the provi8ion8 of Sedion 11 'Ba8ic FinanrAal Inslrumenls, and Secbon 12 'Olher Flnan¢lal In8trumen18188ue8' of FRS 102 to all of its finBnclal in3lruments. Financial instrurnenls are recognised in the Church's balanca shoet wh8n the Church becomes party to the contractual provisions of the Inslwmgnt. 8a$lc Ilnanclal assets Basic financial ass81s, whlch Include debtor8 and cash and bank balances, are initially m&asured al Iransa¢llon price Sncluding transaction costs and are subsequently carrfed al amortised cost. Flnandal assets classified as receivable wthin one year are not amortis8d. Baslc Ilnanclal Ilabllltl•s Basic financial liabilities. induding creditors and bank loans are Inlllally recognlsed al transaclh?n prfce. Financial liabililios classllSed as payable wllhin one year are not amorused. DernGognlUon of flnanclalllabllltles Flnancial Ilabllttle8 are derecognlsed when the Churth's contradual obligations expire or are dlsch8rged or cancelled. 1.10 Employee benoflt¥ The cost of any unused holiday entitlom&nt is recognised In th8 perfod In which the employee's semces aTe received. Termlnallon b8nefft8 are recognis&d immediately as an expense when the Chur¢h is demonstrabty (x)mmitted to lerminale the employment ol an emptoyee or lo provlde lermlnolion benefits. 1.11 Retlr&m&nt b&n•flts Paymonls lo definod conlributlon retlremenl btsnèf 8t*eme8 are charged as an expense as they fall due. Critical accounting estimatss and judgom8nts In the appllcallon of the Church's ae¢ounling polic185. the Iruslees are required lo make judgernenls. eslimales and assumptions about the carrying amount of assels and liabilities that are not ro8dily apparfjnl from other sources. The estimates and associated assumptions are based on hlslorical experfence and other factors that are considerod lo be rol&vanL Actual results may dlffer from these estimates. The e81imales and underfylng assumpllons are revlewed on an ongoing basss. Revislons to accoundng eslimales are recognised in the period in which the gstlmale Is roSed where tho revlsion affects only that P6ri0d. or in th6 period of the revision and future pariods where the revision affects both current and future P8riod8.

ST ANDREW'S CHURCH. MALVERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Grants and lega¢l Unr•stri¢tsd Rèstricted funds fund¥ ggneral 2025 Totsl Resth'cted nds 2026 2025 2024 Grant income 210 10,852 11,2 14,750 Loyacies receivablè Grants re¢ofv4ble for ¢ore aollvltles HDC grant for CAP Worcèster Diocese re salaries Worc&sler Diocese re staff training 7.852 3.000 7,852 3,(X)O 210 8,750 6,000 210 210 10,852 11,082 14,750

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ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Church a¢tivltl&8 Church activIe8 2025 Church actlvltlos 2024 Actmlies Wedding3 and funerals Miscellaneous incoma Blessings fund Church eonlrg hlrfng Octsgon coffee shop Bereavemént cafe income 15,303 4,988 11,197 4,901 40 2,133 18,404 1,087 4,075 160 18,850 1,058 4.329 44,688 41,837 Analysis by fund Unreslricled funds- general Unreslricled funds- design*ed Restricted funds 26,294 6,232 12,1ff2 23,570 7,885 10,382 44,686 41,837 Income from Invo$tmonts Unrestrlctèd Ro8trlctod fund8 funds 2025 202S Total UnTrBtrf¢t8d Re$trl¢ted fund8 funds 2024 2024 Total 2025 2024 Interest recelvab 3,872 395 4,267 5,230 523 5,753 Other incomo Unrestrlctsd Ro8trl¢ted funds funds 2025 2025 Totsl Unre8trfcted Restrictsd funds funds 2024 2024 Total 2025 2024 Gift received lo pass to Iruslee All Saints expenses share and other Income 1,000 1,000 16.245 16,245 12,917 12,917 1e,245 1,0(10 17,245 12,917 12,917 10-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Charitable activities Church acttvltles 2026 Church actlvitlos 2024 Stsff costs Depreclation Ministry share Church'awal ging Clergy expen888 and 8ervlc8 c081s W&ddlngs and funerals (WDBFI Office costs Youth and childrens work Mission and community Buildings running and malntenance costs Miscellaneous Bereav6ment cafe gxpenditure Octagon adlvilles Light and heat 129,978 2,605 101,100 20,255 4.385 2,041 7,639 6,409 18,421 16,176 4,363 4,647 1,802 6,808 108,544 2,335 100,000 23,484 6,785 2.749 11.016 3,447 21,074 18,048 1.997 4.202 2,626 7,190 326,609 313.497 Share olsupport CO8ls {88e note 101 Share of governance c0818 {se8 note 101 600 1,200 597 690 328,409 314,784 Analysls by fund Unrestricted fund8- general Unreslricled funds-deslgnaled Restricted funds 222,645 9.294 96,470 210,129 10.838 93,817 328,409 314,784 TN8tees Paymonts lo PCC Mambers.. The Church was parmStted to employ PCC members under the PCC {Powers) Measure 1956. During the year. a Trustee Tristan Mitchell was paid £2,000 12024 - £nill for hls rrjle as Youth Leader. A Trustee Sylvia Knott was paid £1.511 12024- £7121 for her role as a dean8r, and a further £nil {2024- £4931 for self omployed work as a deaner. Durfnu 2024 a trustee Bath Read wa8 paid £8,795 for her role asslsllng with offlce administration. During the year. the church reimbursed £2,286 of expenses lo four Irustees12024- £3.823 gxpen$e$ to one truste&l relating to travel and subsislanc@, course costs, conferenc8 costs and telephone c0818. An addltional £30 wa$ pald In 2025 on b8hall of trustees latIng lo 8 staff away day. An anonymous gift for Dave Bruce of £1.000 was received by thg Church and paid out lo hlm duilng 2025. This does not relate to church actiirity. During the ytrar donations withtsul condition8 of £13,060 were re(1ved from Iru$tees,

ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Support costs Support Governance costs costs 2025Support costs Governance costs 2024 Accountancy eoo 6Crf) 597 597 Independent examlnallon fa6s 1,200 1,2(M) 690 600 1.200 1,800 597 1,287 Analysed beeen Charitable aclivtbes 600 1.200 1,8(KJ 597 1,287 11 Galns and losses on Investments Endowmènt Endowment funds funds 2025 2024 {Lossgsl/gains artsing on.. Revaluation of investments 170} 39 12 Taxatlon The charfty Is exempl from tax8tlon on ils aCtilIeS because all ils Income Is applied for charitable purposes. 13 Employees The average monthly number of employees during the year was.. 2025 Numb•r 2024 Nurnbor Average numbar of &mployo8s 10 Employment Costs 2026 2024 Wages and salaries Social se¢urty ¢08ts Other pension eosls 125,975 2,054 1,949 107,070 1,474 129,978 108,544 12-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 13 Employoos lcontlnuedl 2 employees12024- 2> ara relal@d to CAP activity. Tol81 wagas w&re £40,68712024- £36,584) including £726 12024- Enlll rg so¢lal 8e¢urlty costs and £71712024- £7021 r& pen8ion cost5. 4 &mployee512024- 31 are related lo Youth and Children's work. Total wages were £40,81312D24- £39.7021. There wgre no employees whosa annual rgmuner8llon was more than £60,000. Remunèradon of key managemènt personnèl Thè romungralSon of key management personnel was a8 follows.. 2026 2024 Aggreg8t8 compensation 38,757 9.507 14 Retirement benefit schemes 2026 2024 Doflned ¢ontrlbutlon $cMe8 Charge lo profil or loss in respect of defined nbibutIOn schemes 1,949 1,474 Th$ Church op&ralos a dofinod contrfbullon ptrn$lon scheme for all qualifying employee5. The assets of the 8eheme ar8 held separalety from Iho8e of the Church in an Independenlty administered fvnd. 1S Tran8hr* The £883 {2024- £2,729) transfer from unreslricled lo designated funds in 2025 represents £312 (2024- £nif) transferred from designated to unrestricted funds to dear the Capital Fund Projects into ganaral r&pairs and renewals, and £1.195 12024 - £2,729) transferred from unrestri¢t&d lo dgslgnaled fund8 to cover d6fl¢1ts In some deslgnalèd funds. The £23,86412024 - £3,000) transfer from unreslrfcted lo re8lricteLI funds in 2025 represents £3.00012024 - £3,000) cPiurch funds donalad lo CAP in thé year and the remaining £20.864 {2024- £nlll repres&nls amounts to cover deficits in some r&slricled funds. 13-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Tangible fixed assets Church Centrb Equlpmant Church E4ulpmoni Total Cost Al 1 January 2025 20.336 23,065 43,401 Al 31 December 2025 20,336 23,065 43,401 Doproclatlon and Impalmignt At 1 January 2025 Deprecialon charged in the year 20,336 14,979 2.605 35.315 2,605 Al 31 December 2025 20.336 17.584 37,920 Carrylng amount Al 31 December 2025 5,481 5,487 Ai 31 Dernber 2024 8,086 8,086 17 Flxed a$8&t Inv•8tm•nts Listed Invgstmonts Cost or Valuaon At 1 January 2025 Vatualion changes 1,757 1701 Al 31 December 2025 1,887 Carrying arnount Al 31 December2025 1,887 Al 31 Dècamber 2024 1,757 18 Flnan¢lal Instrumonts 2025 2024 Carying amount of financial a$$¢ts Instruments rneasured al fair valua through profft or loss 81.418 1,757 14-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 19 D•btorn 2025 2024 Amounts falllng duo wlthln one year.. Trade debtors Other debtors Prepayments and accrued income 12,411 7,003 1,906 8.040 562 635 21,320 7.237 20 Current asset invesbmènts 2025 2024 Cash equlvalents on deposit 79,731 21 CdItOr. amounts falllng duè wlthln on• year 2025 2024 Nots$ Deferred Income Trade creditors A81S 22 7.428 770 3.161 13,250 120 3.275 11.359 16,645 15-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 22 Deferred in¢ome 2025 2024 Arlsing from government grants Arising from LEAF income relatlng to CAP 1,868 5,560 2,250 11,000 7,428 13,250 Deferred income18 Induded Sn the finand81 st8temgnts as follows.. 2025 2024 Dofgrred income is included within.. Curronl liabilities 7,428 13,250 Movements in the year Deferred income 811 J8nu8ry 2025 Releasod from previous pariods Resources def9rrod in tha yaar 13,250 113,250) 7,428 13,250 Deferred Income al 31 December 2025 7,428 13.250 Dgf6rred income is income from MHDC and LEAF relating lo futur6 periods. 23 Endowment lund8 Endowment funds represent assets whl¢h must be held permanently by the Church. Income afislng on th8 endowment funds can b8 used in accordan with the objects of the Church and is included as unrestricted income. Any capitsl gains or losses arising on Ihg assets fomi part of the fund. At 1 January 2025 Galn$ and 10$808 At31 Dgcember 2025 P8mianent endowments 1.757 1701 1,687 ProYiou$ ar. At 1 January 2024 Galns and 10880$ At31 Dacember 2024 Pernianent endowments 1,718 39 1,757 16-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (GONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 24 Rg$trl¢tod fund$ The restricted funds of the charty cornprlse the unexpended balances of donaUon8 and grants held on Iw81 subjact to Specific conditions by donors a5 to how Ihay may bo used. At1 January 2025 Incomlno reBoufco8 Resources gxpended Transfers At31 Dg¢ember 2026 CAP Malvom Staffing cos15 Youth Evangeli8m Blble Fund Anonymous gift to trustoe 29,S85 13,945 1,854 58,887 3.000 3.048 565 1,000 153,8961 136,8131 (3,2001 11,56fl 11,0001 3,tioo 19.868 35,558 1.702 45,384 64,500 {98,4701 23,864 37,258 Prevlous year: At 1 Jonuary 2024 Incomlng Re80ur¢e¥ M80ur¢g8 expgnded Transfers At31 Decamber 2024 CAP Malvern Staffing costs Youth Evange118m 39,538 47,647 1,254 40,242 6,000 1,500 153,215) 139.702) 1900) 3,000 29,565 13,945 1,854 88,439 47,742 193,81n 3,000 45,384 17-

ST ANDREWS CHURCH. MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 Restricted funds Icontlnuedl Descrfptlon of mtrictsd funds CAP Malvern- th¢ local Christians Against Poverty opei&tion in Malvern is organlsgd under the legal oversight of Sl AndreWs Church, although Is supported in ils costs and operatkjn across a range of Individuals, churches 8nd grant awardlng bodies in the Malvem and Ledbury {and lo a Ilmi18d degretr, wider) areas. AS such, and lo show that fund5 provided for this are not usod more wid¢ty for unrelated Sl Andrew's activity, we list all income and expenses as a reslrfcted fund. 2025 CAP Income indudes a £10,000 donation towards 51aff costs In 2026. staffing ¢08ts - this relates to the management of resources kindly prowded to u5 by the Oiocese In Support for some of the costs of some of our staff. We Ira¢k these resources as a restrioted fund lo ensure we can sh¢>w how these lunds havg been corrarAly and fulty allocal8d as requSred by this souroe. Youth Ev8ngeli¥m - Ihi$ fund relate5 to lund$ from several sources that were given lo the church solely for youth related purposes. We have Ireated these collectively as restricted funds lo ensur8 1118 clear how Iheso funds have been applied for. and only for, th6 purposg thoy wore given to us. Bible Fund lo support the provision of Bibleslexcerpls of Bibles as part of a fundraising campaign lo enable us lo glve away Bibles lo anyone who wanted them wllhin our thurch and In our wlder comrnunily. Anonymous grft to InJslee- An anonymous gift for Dave Bru¢0 of £l,OQO was re¢elvèd by the Churth and paid oul to hlm during 2025. Thls doe¥ not relat8 to church aclbvlty. 18-

ST ANDREW'S CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 26 Unro$tri¢tod fund$- do$lgnatsd Thaso are unrgstiicted funds which are mateilal to the Chur¢h's acllvttles. Movement in funds Incomlng R88ources re80urc88 èxponded BalonC0 at l JanuAry 2026 Transf8r8 Balanco at 31 De¢&mr 202S Oclagon actSvillB Deffbrllalor Little Treasures Capllal Fund Projects Bl8s8ings Fund Special Collections B8reavemenl Cafe Toward8 net zaro praparallon 1,058 11,8011 1761 {1,6841 743 32 1.318 312 4,053 685 319 13121 160 145 4,329 18511 12351 (4,6471 3.362 90 318 8.000 8.000 13,715 6,377 19,2941 883 11.681 Balance at l January 2Q24 Incomlng R&sourcos THn$f OXP0ndgd Balonc& a¢ 1 January 2025 Octagon acuvlbes D6fibrilator Littlg Treasures Capital Fund Projects Blassings Fund Spacial Collections Bereavement Cafe Towards nel zero preparation 250 {81 1.666 312 4,365 1,087 40 550 12.626} 1,289 32 1,318 312 4,053 18981 2.133 {2,4451 {6651 {4,2041 24 1,418 {1,287} 8,000 4,075 8,000 13,298 8.526 {10,8381 2,729 13,715 19-

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ST ANDREWS CHURCH, MALVERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Relatsd party transaetlons There were no disclD8able related party transactions during the year {2024- nong). 21