MALVE1114 SPECIAL FAWUES cHARy NUMBER 114%55 COMPANY NUMBER 0741*)40 TrusrEE5' REPORT AND UNAUOITEO FINAriasYATEME1irs FOR TrE YEAR ENDED 31MARCH 2026
MALVERN SPECIALFAMIUES Pages Trustees'Annual Report Independent Examlner's Report Statement of Flngnckl Athltle5 2to5 Summary Income and Expendliure A¢wunt Balance S*t Statement of Cash Ilows io Notes tothe Atcovnts Ilto19 Delalied Stslementof FIftClaI Actfvltles 20to21
MALVERN SPEaAL FAMIUES TRusfEES AND DIRECTORS REPO1 FOR ThE YEAR ENDED 31 MARCH 2026 The Trustees, who are also Dlrector5 of theth*ityfoTthe purp05e50f the CompanlesAct 2(K16, presentthelr annual report and unaudtted 1Snandal ststements forthe year ended31 March 2026. REFERENCE ANDADMINisfRATIVE DAlls C(4npany No. 07413040 Charlty No. 1143655 PrI1P•1 Offic• 1st Floor 73 Church Street Mafvern Worcestershlre WR14 2AE The re8L4tered Offl of ihe ch•rtty forCompanle5 Act purpose15 the same as the prlnclpal operatlng addr¢ss shown above. Dlr•rtoYs •ndTruit The Dlrectaft of the charttable Companya Irs Trustee$fOrt purposes of Char kw. The lollowlng Dlrectors andTrustees seryed durlng the year. Cllve Fletcher thalr John Alton CeTI Bannlster Margaret Buch8nèn Jeremy Faust lappolnted 19.05.251 Jvdy Gudgeon Ire518ned 23.06.251 Katy Hollln8WOrtb Stephanle Myers14)polnted 05.11,251 Davld Palmer Chrbtopher Stephens Person wlth $18nificarrt eontrol - Clive Fletcher (appointed 23.07.251 Mar8aret Buchanan Iresl8ned 23.07.25) Key Mona8ement P•rwnnel Chlef Executlve OfflcerGarethJones KellyATCLtd 20 Blackmore fload Malvern WR14 IQT HSBC Church Street Mafvern WR14 2AB Pw2
MALVERN SPECIAL FAMIUES TRUSTEES AND OIRECTORS REpoKf FOR THE YEAR ENDED 31 MARCII 2026 OBJECTIVESANDKnvmES The key obJe¢tfve of Malvwn clal Famllles wntlnues to be the pyovblon of reCreatnal actrvitiu for famllies who have a chlld or YOU person wbth 5peclal needs whkh Is Met by pmvldlng en8aglt)g and exdllr artlvltles for the chlldren and youn8 people. The clubs whlth the charfty ran durkng the year are set out below. Saturday aubs-These Ofsted re8tstered clubstske Pla for >I1-Try0k1s three tlmes a mortth at Fort Royal school Worcester durln8tern) tlme, A range of senxyyi Sits and art artltS are provlded. Sattjrdgy clubs for 11-17-ye•r-old$ tske place •t Régenci HW) school on two Saturdays a Month dur1 temi tlme. A rae of aCtltIeS are Wdllabie Indudkng cookln& fftness. musk and Jrt. Youth ck¢bs for 11-17-year-olds are held once a month communlty based In Malvem durlng term tlm Actfvltles Indude trf, towlln& clnema and he•kh ind fitnes Summèr playsthemes of 20 days durntlon at two hxatlons durfng the summer holldays. For chlldrtn aged 5- 11 thesètake place at Fort Royal School. Worcester and for children ayd 11-17 at RegenLy High S0[, Worcester. ActIVleS In(de Sensory, sport. arL cookln8 and muslc. In add1t10 a nurnber of extemal trfps are or8anlsed every summer to places such as farni parks. theatres and safari park5, Addltlonal hollday dubs.. prodIng the sJme actbvltles as the summer play schemes these run foi chlhjren oged 5-11 years at Fort Royal Prlmary sch1, Worcester durin8 the October and February half tem) breaks and Easter hollday5. For children aged 11-17 Yr$ clubs run at Regency Hl8h school duri the October, Februaryi May and Easter holldays. Evenlfi8 Youth dub., Thi5 takès place at Mthem Vale Communlty Centre once a week durfn8term tlme for chSldrèn aged 11-17. The r¥nge of actlvltles Inthde sports. money management. Ilfe skllLs ar trlps, After sthtsjl club5: These took pkice twke a V+wkdurfng term tlme loryou people aged 11- 17 at Regency Hl8h Sshool . It Is wtih regret that dueto staffln8 dlfflcuttle5the )fterdI001 clubs at Regency School were dlxonllnuedln Mard12026. ACTrIEVEMENTS ANDPERFORMANCE Mafvem Swlal Farnllies have provkled 2.179 pkces forthldren wlth dbabllftle5 (wer a totsl of 243 sessbons. We also rnn over 50 trSps to places such as fami pJrk%, theat, trx)wlln8 and Safari parks. The pOS1ve outcomes of thls p[sI0 have been to enable the thlldren to enjoy fun. educational and stlmulatlng actlty whkh Improves thelr he3h, well-belng and Independence Skills. The added benefrt5 of provldln8 our acttvltle5 to 50 many chlklren are that It enables thelr parents and carers to have much needed short breaks. We ackTh)wledge wlth thanks the continuir4g SUPPOrt of Re8ency Hl8h Scknl Worcesterand Fort Royal Primary SchrKA Worcester who enable us to use theirexcellent facilRles specifKally desl8ned for chldren wtth complex needs. Our thanks also go to Maern Vale Communlty CentrelFreedom lelsure for the Invaluable use of thelr premises for (ryoUth 8rnups. We are pleased to rep)rt the financial support from Worcestershlre County Council has Increased sllghtlylo £173,175 from £150,834 thts has helped 5UPPOrt the number of places provlded th the ded support of grant trKome, ineome fn)m olher sour, donatlons and fesetvÉs.
MALVERN SPECIAL FAMIUES IIIUSTEES AND DIRECTORS REPORTFLKITHE YEAR ENDED 31 MARCH 2026 FINANCIALREVIEW Malvern Special Famllles had Income of £316,45412025 £157,264) and a defftii of £8,62612025 deficrl £54.3481 In theyear. The charlly has free reserve5 of £63m3 * 31st Marth 202612025 £75,036>. prevlously mentloned, we work cbsefy wlth Worcestershh County Councll and thelr partners Sutton Croft wlth councll accountln8 for £173,17512025 £150,834). Revenue grants and donatk)rts were £64.219 (2025 £47,114). Notablefundlng ume from Chlldren h) Need £34.719. Eveson Trust £25,OW Lasth £2,0W, Lldar5 £2,COJ. Glven that much of the chadtable funds are not 8uaranteed and must be re-appld for eèch year the trustees reco8ni5e that healthy reswves required whlbt at the sametSme seeklr8 new opportunltles to Smprove the Ilves of chlldren and thelr famllles. The are of the vlew ih•t MSF should 41m to molntaln on avera8e resgrve5 QqUatin8to 25Y6 ofantklpd rtssts. The board of trustee5 15 SJtèfied that the charlty assets lft eath fvnd are Jvall)ble and adequate to tulfil It5 flnantlal ob48ation$. Ahough the board still sees dlftkult days •he•d, the tnistee5 ende4vouf to ut1115e Jndln8 to maxlmlse prov15ion of Its servlce5. The trustees belleve that fvture funding will continue to psent dllerY$lOr41l lts (yrr¢nt sourw of Income. Maxlmum effort wlll be given to malntalnlbvd kncon)e leveb to pr(vkle the pre$ent level of seThlces. PIMS FOR FufuRESERVICES We are In dlscusslon wlth the woprletors of the new sctr¥Jols In Malvern Peartree and Enterprfse aderny to see If we can share thetr resources and fadlltles On they are open. We contlnue to cwnp3n foracce5slb play equlpment In Prlory Park MaKTern 50 Ihai ¢hlldren regardless of their diSabltieS can play in the STRUCWRE, GOVERNANCE AND MANAGEMEpir Thechgrlty ts conrtttutèd as a company Ilmlted ty 8uar4ntee, rn8ktered underthe Companles and a5 ¥ Charlty wlth the charhy Commlsslon. The governlng ()oJment of the charlty Is the Memorandum and Artl¢le5 of Assoclatknn estsbfishlng the company undercompany le8Lslailon. There are no restrictlons In the 8overnln8 documents on ihe opÈratkn of the Charltyor on hs Investment PerS other thanthose Imposed Chartty Law. By operatlon of faw all trustees are directors under the Companles Art 26 and hll dlrectors •retrtisiees under Chadtles leglatiOn and have responslbllrties, 4$ Sh, under th company and th4rky legL%latk)n.The trnstees are all Indtvlduals. Atthough the day4trthy management ofthe chrSty Is delegated to the (thlefOperatln8 Offi. It b acknowled8ed that an effedlve board of irustees Is eentral to the charlty ac18 Its objectlves and meetln8 its le8al obll8atlory5. Page 4
MALVERN SPECIAL FAMUES TRUSTEES AND DIRECTORS REP(XiT FOR ThE YEAR ENDED 31 MARCH 2026 The eoard seekstote represente of the needs of those with wlM)m kwork5 and thatthe membershlp of the board of trustees must contsln the requId knuled8e and skllls to the tharlty. Indivldual trustees must have suffldent knowledge ofthe mle of a charttytrusteeto be able to effertrvety represent Mafvem sp181 Famllles at meetlngs and events. Trustees/Dlrectars are appolnted at an Annual General Meetin8 and hold off2 forthree years but are then ell8lble for r&elertlon. When necessary, the Board may cwpt a Trusteo/Director, but such appokntrftent must be ratlAed at the no following Annual Generdl Meetln& ew TrUSteDIrectOrS underyo a fom)al Inductbn pn)toss'. to thelr dutles and respons1blleS. tothe alms and objecuves of the tharlty. and to the playgroups and clubs, thelr play leaders, and participants. On 0511112025 Stephanle Myer5 wa5 appolnted as è trustee she has recentty retired from a bn8-term cawr workIn8wh chlldren wlth speclal edu&itlonal needs and Is a wekome addltlon to the board. The Trustees are responslble for keeplng properaccountlng records that dtsclose wlth reasonable accuracy the flnanclal pOS10n of the chath andihatthe financ1 ststements compty wlth the Cornpanles Act 21J%. The Tiustee$ are also resi>)nslble forsafe8uardln8the assets of the charlty and herKe taklng reasonable steps forthe preventlon and detertk>n o1fr4ud and other Irre8ularltles. PUBUC BENEFrr Th• trustees have had re8ard to the Charlty C(Nnmlsslon's8uldance on publlc benefft In man)8ln8the athmtles of the charlty. The above report ha$ been prepared In accordance wtth the provlsbns applScleto componk5 5uble¢t to Ihe smallcompanl5¥eglft as set<t In Part 15 of the companlesAct 21))6 ènd In accordance wlth the Chatftles SORP IFRS 102). Sl8ned on behalf otthe L*Jard Cllve Fletch Chalr of Tru5tee5 16 June 2026
MALVERN SPECIAL FAMIUES INDEPEND EXAMINERS REPORT Independent Examlnerfs Réportto thetAee901 Mal¥wn S41 Famllles l pOrt to the Charlty truste on my examlnatlon ofthe ac£OUT of Mafvem Spedal Fam11 forthe yegr ended 31 March 2026 whkh comprtse the Statement of Financlal ACtitIeS, the mrnary Incomeand Expendlture A(tount, the 8alarKe Sheet the Statementof Cash Fkn¥5 and the related note5. R•sponslbilities and b[801 report Asthe trustees of the tharity land a1501ts dreetors forthe wrposes of 0)Mn¥ l•w)you are responsiblefor the preparatbn olthe ac0nts In accordarKe with the rewkements of thecompanles Act 21J]6 lhe 2006 Att'l. Havlng satlsfied myself that the accounts of the charttyare not requId to be audId under Part 16 of the 2006 Act and are ellgjble for Independent examlnatlon. I report In respeLt of my examinatlon of w)ur charftVs ac¢ounts as Care out undersectlon 145 of the Ctharltles Act 20111'the 2011 Art'l. In c8nylngout my examlnatbon I have foblowed the Olrectlons Ilven bythecharfty Commlsskjn undersecth)n 1451Sllbl of the 2011 Art. Ind•pandentexamlMrfs rt•fflent I have completed my examknatlon. I can )lImI that no materfal matters hwe come to my attentlon In connertlon wlth the exgmlnatlon gmng me (xvse to bellevethat.. • accountln8 records were not kept In accordance wlth sectlon 386 ofthe 2(X)6 ACL. or the account5 do not accord wlth those recLirds; ¢X the accounts do rt o)mpty wlth the xwuntlrq requlrements undersettk)n 396 of the 2CQ6Act other than any requlrement th)tthe accounts a Irve and favview whlth ts not & mattercA)nshJered as part of on Independent examlnatkn: or • the accounts have t been piepared In accordance wlth the methods arKI prfndples of thestatementof Aetommended Practke for x£outrtln8 aThl rewtlng ty 0larltles8pCab1e to charltles fvyeparlng thelr counts In accoryJ•rKewth the Fknandal Rew)rtlrgStandardapykabk Inthe UKand Repubk oflreknd IFRS 102). I have no concerns have come across no other rnatte Sn c4>nnt¢tlon wlih the examlnatbon to whkh attentk)n should be drawn In thls rew)rt In orderto enable a pr0perunderstsndl of the Kcounts to b 1&3ched. EThzabeth Eyre KA Inslltute of Chartered Accountants. En8land and Wales Ellzabeth Ee Llmrted Bank Street Business Centre 6 Bank Street Malvern Worcester5hlre WR14 21N 2026 Pa8e 6
MALVERN SPECIALFAMIUES srATEMENT OF FINANaAL ACTIVlEs FOR THE YEAR ENDED 31 MARCH 2026 Notes UnMstrl¢ted Restrict Fwds Total Funds Total Fw 2026 2026 2025 Incryng and eNlovJmw Donatlon5 and legacles Charltable 8¢t[vleS Investments Profft on sale of fixed 60,843 104,996 211,458 68,146 188,436 211.458 682 257,264 2S5.611 60,843 316,454 Expendlture on: Charltable act]eS Other Total.. Net galn on Snvestrhents Net l•xpendlts*e)/lncom• Transfers betreefi funds Net le¥pendlture)Iln¢omè before other ylnslllosse$l Oth•r ylns Ind lo¥ Net m¢)vement In lunds Re¢onclll•tlon of fvnds: ' Total funds brought forward Totsl fvDd$ ¢wrl¢d lorward 251183 15.461 267,644 31.635 25,801 57,436 283,818 41,262 325.080 273,108 38,5 311,612 {12A1331 3,407 18.6261 154,3481 112P331 3,407 18.6261 154.3481 I.033} 3A07 18,6261 {54,348} 75,036 63,LK13 77,636 69x110 131.984 77,636 6.0)7 Page 7
MALVERN SPECIAL FAMILIE5 SUMMARY INCOME AND EXPENOITUREP£COLwr FOR THE YEAR ENDED 31 MARCH 2026 2025 1me 316,454 257.264 Interest and investment Income Gross Income fortheyear Expendire 316,454 257,264 324284 310,913 Deweclatlon arKI charges for Impalrmentofthed wets 699 Total expendlture fortheyg4r Net eXpendIbJ before taxforthe year 3,080 (8.6261 311,612 {54,3481 N•t •tpendtur•forlheye (8.6261 154,3481 P4ge 8
MALVERN SPECIALFAMIUES BALANCE SHEEr AS AT31 MARCH 2026 Company No: 07413010 20 Flxed Assets Tanglble a5s&ts li 2,146 2,146 722 722 Currnnt Asseli DeOS Cash at bank and in hand 12 63,666 39,814 103,4 24,112 71,425 95.537 Crodltors Amounts falllng due wlthln one year Net ¢urrfnt assets Total 4ss•ts less turrent IIAbllltl rotsl NatAwots 136,616 66,864 69,010 69,010 118,6231 76,914 77.636 77,636 Th• ofthe ch•fftv R•slrkt•d Restrl¢ted Incom¢ Funds 14 6,ts)7 Unrestslrted Funds General funds 14 63AK13 75.036 Total Funds 6910 77,636 These accounts have béèn prepared In accordan wlth the spedal provlsknns of Part 15 of the Companles Act 20q6 relatlng tosm811 companlek For the yegr endei131 Marth 2026the companywas entltled toexempth)n undersfjrtbn 477 of tho Companles Art 2006 relati to 5mallcornp3nles, The members have not requlred thecompany to obtakn an audlt In aCLvrdance wlth seciknn 476 of the CompanlesAct2(Kl6. The dlrectors acknowledge theirresponslbllltles forcomptyln8 wlth the requlrements of the Companles Act 2LW6wFth respect to aOuntIng records the prepawatlon of account& pproved bythe board on 16th June 202& And slgned onjls be Cllve Fknc Chair of Trustee5
MALVERN SPECIAL FAMIUES 5TATEMENTOF CA5HFLOW5 FQR TrIE YEAR ENDED 31 MARCH 2026 20Z5 Cash ftows from op¢ratln8 1cti¥ities Net exp•Mknp•rStatomentofFlnandnlArti¥ies 18.626) 154J481 Adjuslments for. Deprecktlon of property piant¥nd equlpment othergalns1105ses Ilncreasel/Decrease In trade and other recefvables Increase In trade 8nd other payables 796 699 139,554) 17,993 30373 10,432 N•t th ued Inop•ratlry Ktl¥lU (29391) 1113441 C•Jh flowslrom lftvwdn84¢tMtl Payments for property, plant and equlpment 12,2201 19631 Nel ¢Mih us•d In InveJtln8 •cd¥ltles (2,220 19631 Netush from flnandn8 actmdei N¢t {de¢Ye•se) In c•Jh and cash equ1lents 13L611) 113,3071 Cash and c*th •41•ts4¢ thebe8InnI ofth• 71A25 84,732 Cfysh and cash equSvil•nt$4t the end of th• yMr 39A14 71,425 Camponts of ¢yii •nd c4sh oqulv•l•nts Cash and bank balances 39014 71,425 39M14 71.425 Page 10
MALVERN SPECIAL FAMIUES NOTESTO ThE P£COUNTS FOR THE YEAR ENDED 31 MARCH 2026 l A£¢oun¢lngpolldes Baslsof preparation The flnanclal statements have been ePad Ir) accordance wfth Account1 and Rewrtkng by Chadtles: Statement of Recommended Practkeapplkable to charftles preparing thelrxcounts In acrx)rdance with the Flnanelal Repordngstandard applICab in the UK and Rewblk of Irelgnd (FRS 1021 {8$ amended for accountin8 perlods commendngfrom l January 20191- IartI$ SORP IFPS 10211. the Flnan¢lal Reportlng Stsndard applicable In the UK and Republlc of Ireland IFRS 1021 and the Companles Act 2¢X)6. The charlty Is a Public Benefft Entlty 35 defined by FRS102. The finala1 statements are prepared In sterlln& whith Is the funrtknnal currencyof the Charlty. Monetsry amounts Inthese finandal statements are rovnded to the noarest £L ¢han8e In bwls of•c¢ount1 orto iY•v1¢m •c¢ounts There h8$ been no changetothe accourit1 polldes Ivahjatlon rules and method of ac£ountlngl slnce last yearand no charyes have been made to accounts for prevlous years. Fund •c¢ountlng Llnrestrlded funds These are avallable for use at the dlscretknn of thetrustees In furtheran ofthe 8eneral otyects ofthe tharlty. These are unremrtcted funds eamwrked by thttrustees forpbrtkular purposes. These are unrestrtcted funds whlch Include • revaluatlon reserye representlngthe restatement of Investment assets gt iheli market values. These are avallable for usesublett to restrktlons lrnposed tythe doIr0rthr0U8h temis of an appeal. De518nated funds Revaluatlon funds Restdcted Inwrn• Rew8nltlon of Incorne Im¢ome ts Included In the Statement of Flnandal Actkfltles ISOFAI when the ch•rlty becomes entllled to, wnd vlrtualty rtaIn to recetve. the Income and the amount of the Income can be measured wlth sufflthnt reliablmty. Incomewlth related Where Income has rthed expendlturethe Income and related eendre is expendhure reported grtss In the SOF Donatlonsand legades Voluntary inccvne recelved way of grants, donatlons aThJ glfts & Incknjed In the theSoFA when reolvable and onty whenthecharlty ha5 uncondltlonal entitlernent to the Income. Tax reclalms on Incomefrom tsx rtdaknns ts Included Wi SoFAat thesame tlme as the dotiatlons and gifts 8fftldonatN)nlo whlch it rekites. Donated servke5 These are Included In intome Iwkh an equlvaknt amount In expendSture) and fIlItIes Whe the ber*fft to the Charky ts reasonablyquantffiable, measurabteand materlaL Volunteerhelp Thevakne of any volunteer help refved 55 not Included In the accounts. Investment InLI)me Thbs is Induded In the a¢nts when re4¥able. Galnslllossesl on Thls Includes any8aln or hjss resultlngfmm rewdlulnglnvestments to market value revaluatlon uffixed atthe end of the 1. assets Gainsll1055esl on Investment assets Thks Includes aAygalTror kw onthe se of Investrnert5.
MALVERN SPECIAL FAMIUE5 NOTESTOTHEAccouKrs EXpondIre Recognition of expenditure Expendkure i8 recrydnlsed on aTr lalS basls. Expendt1U Include5 anyVATwhld) annot be fulty reCered, and Is repwted as part of the experKlthure to whlch It relates. Expendltureon These comprlse the costs assocl8ted w]th attrartlngvoluntsry Income, fundrolslng raising funds tradlnge05ts and investmenl management Costs. Expendlture on These comprisethe costs IncuThed by the Chartty In the delrrfery of Its 8ctlvltles and charitabletrtlvltles se•vlo$ Sn thefUrthera of its oblects. Inthdkythe maklng of 8rants and 80Vernanc0Sts. All grant expendlture b %tounted foron an actual pald bgs15 plus an accrualfor grants that have been approved ty the trustees atthe end of the year but not yet pald. Governancecosts Theselnclude tkKJse costs assoclated wilh meetithe tt)nstltutbnal and ststutory requirements of the Charity. Includln8any audit/lndependent eyAmlnatlon fees, Costs Ilnked to thestrateglc management of the Chartty, togethÈr vthh & share of otheradmini5trJtwicosts. Otherexpenditure These are $upw>rt C4)sts not alkcated to a yrtkulJrartt¥lty. Grants payable T•x•tlon The tharlty Is exempt from corp)r4tlon tsxon Its ch•rltable artltI&$. T•Ible flxed ssets and dewe&don Depredatlon Is provlded at the folkThfln8 annual rates kn orderto wllte off each asset over Stsestlmated uselul Ilfe.. Plant & Machlnery 25% 5tral8ht Ilne Goln8Cw¢•rn At.Ihe tlme of •pprovln8 the fknènclal ststements the lee$ hwe a reasonable expectstlon that the charity has adequate rejources tOconue In operatbnal exlrtenceforthe foreseeable future. Thus, the trustee5 COJrtinue to adopt the 8oln8 concern b15 of accountir In weyrlnltheflnanclal ststernents. Cthlcal AccountIE1m41 •ndJ*ment Inthe appllcatlon of the tharirfs account1 pollcles.the trustees are rewlredto makefvd8ements, estlmates and assumptlon5 about the carylrgamount of assets aTrd Ilabllttles that are r#)t readmy apparent from other sources. The estlmates and 0$5cthted assumptbns are based on hlstorlcal experfence and otherfadors that are consklered to be relevant. Adual results may dlffer from these estimates. The estlmates and undertying assumption5 are revlewed on an on801 basts. RevtsloAS to a¢cfjunilt est5mates are recognised in the perkxl In whlch the estlmate Fs revtsed where the revlsbn affects onty that period, or in the period of the re¥i51on and future period5 wherethe re4lsk)n affects trx)th current nd futu perlo(k. 11 ts antklpated there may be a matrrlal adjuslment regardl the assets fbilitieS ill the next reporlng perbjd in orderto comply wfth SORP 2026. Tr4de4nd otherdebtrffs Trade and otherdebtors are reoini5ed at the5ettlement amount due. Prepayments are valued atthe amount pyepald. Palle 12
MALVERN SPEaAL FAMIUES NOTES TO THE Accoupirs C•h and cash equlvolents Cash and ta5h equfvalents ojmprtse cash at bank ènd on hand. dernand deposks wh banks and othar short-terrn hl8hty Ilquld Investsnerrts wlth 0[nal maturllles of three months or le55 and bank overdrafts. In the ststernent of flnanclal w)sltlon. bankoverdrdfts aTr shown wlthln borrowlw orcurrent Ikbllltles. In the Ststernentof Cash Fk)ws. cash and cash eQu3$ents are shtywn net of bank overdraft5 that are repayoble on dernand and forTn an Integral part of the companvs cash management. Tr1 and otherfx•dll(Ys Short term credlt(Ks are measured at thetranSartIc prke. Othercredthrs and provlsklns are reco8nlsed wherethe thartty has a prEsent obll8atlon resuIng from a past evenl that wll probably result in the traTr5ferof funds to a thlrd partyand the arnount due to settle the obllgatlon can be measured or esllmated relIab. Credltots and provlsk)ns ar• Domll¥ re(nISed at thersettlement amount after allowln8 for any tradedtscounts due. Leased aswts where ihecharlty enters knto a lease whkh entslb takSn8 substantlalty an the rlsks and rewards of ownershlp ofan assei the iease is treated as a finance lèase. Leases whkh do not transfer substantlalty all the ktsks and rewards of ownershlpto rh?dty are Cla)ed as operatlng leèses. Operstln8 lease ptyments are reco8nlsed as an eKp•nseon a stral8ht-Ilne basL5 overthe lease temi. Pen51oncostJ The charlty operates a deflned contrftsjtlon plon forhs employees. A deflned contrfbutk)n plan15 a penslon plan under whkh the ¢ompony pay5 ft<ed contributlons Into a separate entfty. Once the contrlbutlons have been pald thetompany has no further paents obltgatlons. The contrlLwtlons are retsJ8nlsed as expenses when theyfall due. Amounts not pahj are shown In awu•ls In the bolancesheeL The a55•ts of the plan are held separntely from the Cornpany bn Independently admlnlstered funds. 2 Coinpanysl•tus The company Isa prate company Ilmlted by8uarnntee WKI consequenty does not have share capltal. The charlty 1$ reg15tered wlth the Charfty Commlsslon In England & Wales ICCEWI wlth Charty Number 1143655 and Company number074L3040. Re8lstered Offk Is as prescrlbed In the trustees report. PaJ7P 14
MALVERN SPECIAL FAMIUES NOTESTO THE ACCOUNTS g Statement ofFknand•l Actr4ltles- Trtal Total Funds Funds Funds 21ll5 2024 Incom••nd endgwments t)onatbns and le8xles ChatableactIvtts Investments Proflt on sale of ftxed assets Total: Expendlture on: Charftable actlvltles other Tot•l: Net 8aln on Investments Net {expèndlturelnnw Transfers between funds Net (expendlturelnncom• befor• oth•r8alns/l5oss#) Other8alns I¢M N•t In funds Recondllatlon of fvn. Totsl funds brou8ht forward Totsl fund8 rrI fanvard 34.382 188,436 33,764 68,146 188A36 I,805 233,452 223,5(Kl 33,764 257,264 334,257 237.571 32.424 269,995 35.537 6,080 41.617 273.108 38,504 31L612 264,713 33,759 298,472 146,495) 7.8531 1543481 35,785 {46.4951 17,8sai 154.3481 35,785 (46.4) 17.853) {54.3481 35.785 12L531 75.036 10.453 131,984 77,636 96,199 13L984 4 knmefrom donatlons aNI lejxl Tutal 2026 Total 2025 2026 2026 Donatlons and 8e5 General Grdnts provlded by GovernmenVOtherCharfties 14,653 26,124 40,777 2L032 29.51X) 44,153 34.719 &J.843 fA219 104,996 47.114 68.146 PaBe 14
MALVERN SPECIAL FAkWES NOTES TO THEAccoufiT5 5 Income from ¢harltabk acIltIeS Total 2026 Totsl 2026 2025 Charltable Actlvltles- Parent Fees 38,283 173.175 211.458 38.283 173,175 211,458 37,602 150,834 188,436 CharItae actfvlt1è5 Tot•1 6 Expafidltsre on thorttable octlyltles Unr•strfrted R•strfded 2026 2026 T?tsl 2025 2026 Gro$s Wa8 and Nl AttltIes, transp)rt and Equlprnent Rent & School hire Insurance 247.718 3,930 25.818 3.893 273,536 7.823 261,301 8.658 650 2,499 273.108 535 1,924 31.635 2,459 283.818 EXpendIre on ¢h•rltall• •cthiltl•s- ¢*nyir•tsv•y• Unrestrlrted 2025 Restrlrted 2025 Total 2025 Totsl 24 Gross Wages and Nl ACtleS, transportand Equlpmert Rent & School hlre In5urnncè 230,947 4.125 30354 4,533 650 261,301 252,558 5.558 4,115 2,482 264,713 650 2.499 2.499 237571 35.537 7 Oth¢r expendEtur¢ Totsl 2026 Totsl 2026 2025 Employee costs Motorand travel rtssts PFeffllses costs Depr8ciatioTr General admintstratfve costs Legal and prpfe5sk)nal costs 6.559 1,661 6.647 8.334 7,089 6,226 IL029 699 7,201 6,260 38,5Lkl &647 10,510 796 8.359 6.730 2.176 4A70 1,460 3,889 5,270 15,461 25,801 4L262
MALVERN SPECIAL FAMIUES NOTES TO TrIE ACCOLINTS 8 Nel expendlture before tr•rbsleTs 2026 2025 Th1$15 51Jtad aftercharyJn Dewedatlon of uwned rued asset5 Independenl Examlner's fee 699 1,536 9 Truste¢ rem*tIOn and expens 2026 Number 2025 Number Number of trustees wld expenses 10 Staff ¢osts 2015 S•larfés and wages 5ocllll securlty costs PeThslon wsts 261550 7,973 3.013 250,335 8.108 2,858 273,536 261,301 No employee recelved emohjments In excess of £60.(Ul. 3 key personnel red total remuneratlon of £116.017. Neltherthe trustees nor any person connected wRh them have reved any remuneratlon fromthecharty elther In the current or prevIoU5r. The average Month TruMr ofempSoffjes durln8theye•rw4s as foll(ws: 2026 Numb•r 2025 NThber Full fime Part llme 42 43 The charlty operates an Autom4tl¢ Enroknent stheme thrtW8h The Peoples PensKm. Pa8e 16
WILVERN SPEaAL FAMIUES NOTESTO ThE ACCOUNT5 11 Tonglble tlxed •ss•ts Plani & Machlnery Totsl Cost or r¢valuatlon At l Aprll 2025 Addltlons D1sFSa At 31 March 2026 DeprecSatlon and Implrnwnt At l April 2025 Depreclatknrt tharge forthe year DL8posals At 31 M8r¢h 2026 Net Book valuès At 31 March 2026 At 31 March 2025 3,152 2,220 3,152 2220 5.372 5.372 2,430 796 1430 796 3,226 3,226 2,146 722 2,146 722 12 Debto 2026 2025 Trade DebtOTS Other DebtOTS Prepayrnents and x(¥ued Income 46,707 2,736 16,959 63,666 21,375 24,112 13 Cr•dltors: Amounts falllnF due wlthln one year 2026 2025 Trade Credltor5 Other taxes and soclal secur6ty Other creditors AccruaLs and defefred Income 631 523 531 35A54 36.616 17,595 18.623 Deferred Incorne n$[sOf £7,64612025-El¥2281fees Involttdto parents.
MALVERN SPECIAL FAMIUES N07ESTO THE AccouKrs 14 Mownentln funds At I WI K(xnlng Resources 2025 Ro50uices (Indudlng other At31 March 2026 Restrlcted lund Reitrlcted Income funds: Chlldren in Need MHDC Wottestershlre County Councll platfomi Houslng 34.719 134,7191 (S.(K)I 1287) 5,981 (5.IX)) Edward C)dburyTrust other Donlofis 13,(KX)I (9,4301 7.143 313 Total Unrestrf¢tsd trlmdi: 6en•ral funds R•v•lwilon Resor. 57.436 75AJ36 255,611 1267,644) 63,th)3 Total Fund$ 77.636 316,454 325.0801 69,010 Purposes and restrktknns In relatbn to ihefvnds: Restdrtedfunds: Chlldren In Need Prcwldè Incluslve playopportunltles fordlsabled chlklron aged 5-18 Malvem Hllls Distrkt Councll Core Staffkn8 Costs Worcestershlre County Heafth and Wellbeln8 Councm Platfomi HouslnB Edwar<l Cadbury Trust OtherDonatlons and &Jpwrt forchlldren ¥vlth dlsablNtles Fora¢tlvltle5 at Mafvem Youth aub For a¢tyvitles/equlpmentatMafvern au PaL¥• 1R
MALVERN SPECIAL FAMIUE5 NOTES TO THE ACCOUNTS Movement in funds- prtor yeaf At l Aprfl 2024 Incomln8 Resour¢es Ilndudlng other Insl losses) Resouyces Expended Gross Traftsfers At31 March 2025 Aestrlcted fund5: Restrirted income funds: ChIldft in Need WCF National Herltage Lottery Zephir Ltd 14.364 114,3641 17021 12,9501 (7,W)) 702 2,950 True CoFours Trust Other Donations 6,801 19.601) Total Unre5trlrted funds: General fvnds Revaluatlon Rwrves.. 10.453 33.764 141,6171 121,531 223,500 1269.995) 75,036 Total Funds 131.984 257.264 1311,6121 77,636 IS Analysls of bxt assets between funds Unlestrirted Fund5 Restrlcted Funds Total Flxed aisets Nei curreni assets At 31 March 2026 At 31 March 2025 2,146 60.857 63,003 75,036 2,146 66,864 69,010 77,636 6,(X17 6,tX17 16 Wlndlng Up In the event of a wlnding up, each member whllst a member and wh1 one yearof ceasln8 to be a member. are qUIred to contrilyjte £10 towards the Ilabllities of the charity and cost5 associated with windin$ up. 17 Related party db"dosures Controlllngporty The company is lirnited bvBu3rantee and has no share capital: thus. no single party controls the company. There were no related party transactions during thè year12025- none). Pxgp 19
MALVERN SPECIAL FAMIUES DETAILED STATEMENT OF FINANCIAL ACTNMES FOR THE YEAR ENDED 31 MARCH 2026 Unrestrlcted Funds Restiicted Funds Total Funds Total Funds 2026 2026 2026 2025 Inctsme •nd endowments from.. Donatw)ns and a¢S Donations and Legacies General Gxants provlded by Governmentlother Chaiitie5 14.653 26.124 40,777 2L032 295(M) 34.719 64,219 47.114 44.153 60,843 104,996 68,146 Charitable actlvities CharilableActNities Activities, Transport and Equipment 38.283 38,283 37,602 173,175 211,458 173.175 211,458 150.834 188,436 Qther Income Profft on sale of fed assets 682 682 257,264 Total Inwme and endowments Éxpenditureon". Charitable activltles Gross Wages and Nl Activltles, transport and Equlprnent ReTrt & Sthool hlpe Insurance 255,611 60.843 316,454 247.718 3.930 25.818 3.893 273.536 7,823 261,301 8,658 650 2,499 273,108 535 1.924 31.635 2.459 283,818 252.183 Total of expendlture on ¢harltable activitie> Efflployee costs SalarieslWa8es Staff trainin8 252.183 3¥635 283.818 273,108 6,559 6,559 1.661 i.fi 8,220 8,220 7.089 7.089 Motor and travel costs Travel and subsistence 6,647 6,647 6,647 6,647 6,226 6,226 Premises costs Rent LighL Heat and Power Premlses p81r5 and mairtenance 61 726 7.091 743 7.152 1,469 1,889 10.510 6,316 3.025 1.688 11,029 1.389 2.176 SW 8,334 Page 20
MALVERN SPECIAL FAMIUE5 General administ¥atNe c05t5, includi depreciation and amortisation Depreciation of Plant & Machinery Bank charges Infomiation and publications Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Sundry expense5 Telephone, fax and broadband 796 454 796 699 567 573 228 567 1,468 1,313 542 1,943 454 416 261 416 261 L118 720 322 1.118 1,574 982 854 1345 5.266 1,729 3.889 3.074 9.155 Legal and professlonal costs Auditllndependenl examination fees Accountancy and bookkeeping Solicftorfs fees 365 1,315 3.955 1,680 5.050 1,536 4,724 IXP35 5,270 6.730 6,260 Tot1 of expendlture of other costs Total e¥pendltwe Net 8ains on investments 15.461 267,644 25,801 57A36 41.262 325,080 38,504 311,612 Net lexpendlturellincome Transfers between fn5 Net le¥pendSturelllncome beft)re other 8ainslllossesl OthergaSns Net movement In fvnds Re¢on¢lllatlon of funds". Totallunds brought forward Total lunds rrfd forward 112.0331 3.407 18,6261 154.3481 112,0331 3,407 18,6261 154,3481 112,0331 54,348 756 63AN)3 77,636 69,010 131,984 77,636 6,1