## **Minister’s Report - MEC 2021** 

2020 and 2021 has been a very unusual and very challenging time for us as a congregation. The various restrictions that have been in place have meant that we, along with all other churches in the UK, have had to think creatively and strategically in how we have conducted services and tried to keep people connected. 

Since our last AGM in October, which had to be pushed back due to the pandemic, the following has taken place: 

## Godward – 

- Sunday Evening Prayer continues online at 6pm as well as some weekday prayer. 

## Inward – 

- Children’s and family e-packs have continued during lockdown. 

- New members: Sarah W, Colin and Katie C. 

- Small groups have continued online and meeting on Sunday after the service with Small Group questions to work through, and feedback is that this has been very beneficial and engaging. 

## Outward (community) - 

- Sarah Wilks ran with her idea of creating and placing Christmas theme decorations on MEC windows for people in the community to see. Various people from the congregation assisted with making of decorations. Many thanks Sarah! 

- The Care Team continued to support people needing help, both within MEC and the wider community. A big thank you to the care team for all your input! 

- We have continued to pre-record our services and upload them on the website, and there has been a really positive response. In the last  calendar year, we have had 10320 unique visitors to the website. The past month has seen over 1500 visits. 

- The last couple of weeks saw us move back to live services, and consequently, the online service has been live-streamed. A big thank you to Matt, Sean and all those involved in making this possible. I also want to say a big thank you to Chris and Sue in particular for organising the worship rota these last few months. 



- Alpha online was run by Lynne Robinson – and the Lord ministered through her in a very special way. Lynne will also be spearheading some outreach initiatives from September this year, so watch this space for details! 

- Steve Atkins has been hard at work keeping the grounds looking fabulous. The RHS will be assessing and judging MEC’s garden (date to be confirmed) 

## Leadership - 

- New Deacon - Colin Cameron. 

- GCG continuing another term as Deacon. 

- Dave N has stepped down from being a Deacon – and we want to thank him for all his hard work and service. He continues to be involved with the sound. 

## Strategic Planning – 

- Small Group Ministry Coordinator – role was taken up by Tristan M 

- Prayer Ministry Coordinator – Pauline Jacob 

- We are in the process of filling other roles and will update you in due course. 

On a personal note, it has been quite a tough year, but I am grateful to the Lord for holding me during this time and want to say a big thank you to all of you for your love, prayers and support. It has been greatly appreciated! 

A very big thank you to everyone who has contributed this last year. Special thanks to the elders for your dedication and devotion and for serving so faithfully and selflessly in very unprecedented and difficult circumstances. 

Last but not least, a big thank you to each and every one of you who make MEC so special. Without you, our church would not be the church that it is! So let’s continue to shine and grow together to His glory in the weeks and months ahead. 



Charity Registratlon No. 11f8558
Company Reglstratlon No. CE014236 (England and Walesl
MALVERN EVANGELICAL CHURCH
ANNUAL REPORT AND UNAUDITED FINANCiAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2020

MALVERN EVANGELICAL CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustoes
L8slon Blatkbum Iminisler, Chairl
Steve Alkins
John Jacob
Eldor8
Leston Blackburn Iminislerl
Steve Alkins
John JacDb
Chris Bray
Sean Brodie
Tiistan fvlitchell
D•aeons
George Chakko.Georg& (Treasurer)
M811 Greenha￿h
David Niblett
Gill Purdham18ppoinied 23 Oclob8r 20191
Charlty number
1178558
Principal addr•ss
210 Pick8rsl•gh Road
Malvem
Worceslershlre
WR14 2QX
A¢¢ountants
Kendall W8dley LLP
Granta Lodge
71 Graham Road
Mafvern
orcesiershlre
R14 2JS
Bankèrs
HSBC Bank pl¢
1 ChurLh Slrrel
MBfvern
woreèslofsh.re
V¥R14 2AB

MALVERN EVANGELICAL CHURCH
CONTENTS
Pagè
Deacons, report
Indepervjenl examiner'5 report
Statement of f￿￿nCEal acli¥Ylios
Balancè sheet
Notes lo the fin8nchal slalem¢r)ls
9-24

MALVERN EVANGELICAL CHURCH
DEACONS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
The Deacon3 Pmsenl their rePC￿ and accoun15 for the year ended 31 December 2020.
The accoun15 hav8 b8fyn proparp4 in aG￿rdanCe with the accounllng p￿IdeS set out in note 1 to the èccounts
and comply with the church's Rulgs and con51ilvtion. the Charilias Acl 2011 and "Accounting and Rèporting
by Charllies-. Slaiement ol Recommpnded Praclic8 applicab￿ lo charities preparing thgir accounts in
8ccord8nce Mlh the Finanual Rep(Ktlng Standard 8pplicable in the UK and Republic of Ireland IFRS
1021" leffeclve 1 January 20191
Objeetlves and aetlvltlès
Summary ol the objects ol the charity are sel oui in its goveming do¢umenl'.
The purposes of the chuich shall be..
1.The advancement of th8 Christian failh in aecofdan¢e wlth thè Basls ol FaSlh primarlly bul not exclusively
wiihin Malvern.. and
2. Such other charltable purposes as shall, In the opinlon of the E￿er$ ILWther Ihe wc*k of Ihe Church.
Publi¢ Benefit
The ma1n public ￿n￿lI1 th81 the charily provldes is the advancoThnt of the Evangalical Christian Fallh wllhin
the Malvern areè, whi¢h is the primary objective ol the charity. AnyDne Is welcome lo worship at th& thurch
and any priv8le benellls received by Ihe Doacons is considered lo be incidenlal lo the work of the church. The
charily also supports the rellef gf poverty by way of donat￿n￿ lo peopte in neeol and people éirectw working to
rèlievè people poverly.
Summary of the maln actlvltles undertaken for lh• publle b•n•fit
Our Ninistry M8gazinè' 1$ produced $8paralely includes reFQrts ol our adivltie$.
Statutory de¢laration
Tho Trustaès consider the acts"vits8s of MEC (with règard to the guldance issued èy lh8 Charfly Commlssion on
public benefit) lo be ol real value. not jusl to the immediate neighbourhwd bul much furI￿r afitsld and to all
age gioups.
Giving to Mission
MEC allO￿leS 10% of income lo support missions bolh in the UK and overseas, this budget is revRwod
apnually.
Contribution madg by voluntegrs
MEC is run by volunteers oivlng freoly of Ihelr tima and effort, we 8eo this 8s p8rt of our worship and senrtce to
God.
The Deacons have paid due r¢yaril Ir• guidance issued by the Charity Commission in deciding what activities
Ihe ehurch should undertake.
The church provides a place of worship lor its members. The church is responsible for maintaining ils fabric
and environs, lor organising and arranging religious seTViCe5, SUPF)Orting its Pastor and staff and providing
pastoral care. M8king donations io charitable organisations is arb tsxpr¢&sioll of ils r8SPQnsibililies.
The grant making policy is established by the chur¢h which certifles and makos grants lo charitablè
organisalions demonslratiro similar objectives and oulreach as the church. Grants allocated during the year
are shown ￿thIn the 8ccounls.

MALVERN EVANGELICAL CHURCH
DEACONS, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
A¢hl•vement$ and pèrforman¢e
In the Dpinion of Ihe Deacons. the church has achieved its staled objects and acliviliès wilhtti the year. P￿ase
se$ ovr'Mlni5ty Magazine. for rèports on whal we h8ve achieved togelher.
MEC launched an iniiiative to start planning lo Exiend The Tenl by ie-buildlng our exlslbng building. For this
inilialive, Ihe Treasury team introduced an Accommodation Fund. Buildin9 Commen¢￿ during Ihe year and
was Eompleled in Spiing 2016. This project was deta￿ed in prewous accounts.
Flnancial rgview
The stjrplus for Iho year amounted lo £24,578 12D19'. deficil £8,976). The unrègtfietèd fund reservès al tho
year end were £97,08812Q19..£87,58Jfi. At year end the restricled fund reserves were ￿.394{2019 £6701.
DeS￿nated funds 8t the year amounted to £617.140 12019". £603.7891, these funds represent those
Ltlilised sn the new chDrch building which will bo orode(J by depreciation over lime. The funds are adequalo
and av8it8blg ￿ fulfil Ihe obligations of the organisation.
It is Ihe policy of the church that unrestricted funds wh￿h have not boen designated foy a specific use should
be maintained al a level eqviv3lenl lo between three and six month's exp¢ndtluro. Tho Tru51oos Gonsider that
re8er4es al this level will ensure Ihal, in Ihe event ol a significant drop In funding. they will be ab￿ to continue
the church's current activities while consideration is given lo ways in which ¥doSitiDnal funds may raised_
Thislgvel of re5etve5 h8s been maintained throughout the year.
Rl¥k •$ses¥ment
The Dtracons have a8ses3ed the major risks to which the church is expos￿, and are satisf*¢J Ihkl sysl8ms
are ￿7 pla￿ to mitigate exposura to lh• mBjor risks.

MALVERN EVANGELICAL CHURCH
DEACONS, REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Structure, gov8rnance and management
The church was esiablished by a chafjlable Iru51 deed on 13 May 1975, a5 revised in the church constilLJtion
in 2001. On 9 SepleTnbei 2009 rhe trusi deed byas updaled and replaced by a new constitution. The church
r8gistored with tho Charity CLsmmission on 4 Decembei 2009,11 registered as a CIO on 30th May 2018, the
asse15 and liabilities of tho Ofiginal charity Inumber 11331251 w@re Iranslerred to Ihè CIO on 1 Janu8ry 2019.
The Trustees and Deacons who are currently serving ar& 8$ on lh9 I￿81 and adminislralive detai15
pagè.
Trustee selection
Only cuirenlly serving Elders may be Managing Trustees, however, nol all Elders we required lo be Managin9
Trustees.
The Elders byill decide who from their number should be Managing Trustees. The church will ratify this at
ChurGh Business Meeting by sectet ballot and requires a majority of those presenl 8nd voting.
The El(J¢rs shall add lo Ih8ir number from lime lo time. as shall be seen good tD them, from amongst thè
number8 ol the church, aiming lo reach un8nimily Trn their decision. Any such intention shall be indicated to the
members glviro nollco on the two Lord's days pr￿[ lo a chuiGh meeting. and prayerful Gommenl and urnily
Sought Irom the mombors in the reLognilion of the new E￿or. Tho final fosponsibility for the appointrnenl of an
Elder shall. however, resl with Ihe existing Elders. When appoinled a new Elder shall bo separated to Iho work
by the existing Elders al a a service on the next convenient Lo)rd's Day. The New Teslamenl makes a
di511nctJon between Ihose Elders who only dlrecl the off8irs of the ehLJr¢h and Ih08e whose w(¥k is preaching
8nd 1è8ching. There is no Suggesllon Ih8t the number of leachlng Eldors in a gSven local church is limiled,
shO￿ld any Elder cease lo meet Ihe gualilicalions lor ihis offiLe Ihal Elder will be requirod lo relinquish it by
the remaining Elders. Any Elder wishing to lerminale their position as an Elder shall inform the rest of the
E￿ershIP. giving 8$ much notice as posstble according to the prevailing circumsi8n¢es and prvviding ieasons
for their dècision where possiblè_
The Pastor shall be a Teaching Elder whDse aplitude lo receive linal responsibilily lor Ihe pastoral oversight of
the church and the ministry of Ihe word has been recognised by the Elders, supported by Ihe membetship. To
him particularly. Ihg Gospel is committed as a solèmn charge_ He is to prèach thè Word, bè prepared in
season and out ol season. correct. febuke, and encourage wilh great patience and ￿rel(lI Inslruclion. That hè
might fully perform this work he is norThally to be maintained wholly by the church he serves. The Pa¥lorfs
aulhorily over above that of other Elders Stems from the charge committed lo him by God. Thus he h¥$
from God the right and duty to encourage and rebuke with all authority, lèlling no one despise him. He is
neverlheless lo do these things with greal patience as belils a sheperd ol Ihe flock and wilh caref￿1 leaching
li,9. basing his exhortaliorbs on the pure Word ol Godl. seekin9 only the glcry ol the Triune God. As the senior
Teachlng Elcsor the Pastor has tho rlght to proslde over all oiganisalions conrieGled wilh the church. The
Pastor shall be in lull accDrd with the Statement ol Doctrine and the Rules ol Practlce_ The Nomination ol the
P8sl¢r shall bg made by tfvo Elders, giving due consideralion lo tha mind of the church and the invitalion io
the Pastorale shall be by a supporting vole ol three quarters of the church membership present and voling,
though compble unanimlly shall be sought, The votg shall be taken at a GhuTch meeting specially convened
for Ihis purpose, The Paslor shall give th6 church al l&asl three months nolice of his desirè lo lermin81e hls
ministry in the church. The church on the other hand shall give the Pastor at leasl six months noticè lo their
desire to terminalts hi$ mini$lry in the church.

MALVERN EVANGELICAL CHURCH
DEACONS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
The word Deacon literally me8ns 8eN8nt and is so liansl2led many limes in ScTlPturtr. 1115 also used however
lo denote an offlce in the church. The lunclion of the Deacons Is to relkve the Elders ol those nece55ary
dUt￿S In thè lil& and conduct of the church Ihal are lemporal rather Ihafi spiritual in naluro. In these duties
they shall be responsible ttr the Elders. The D8acons may be men or womgn and shall be members ol the
church %Yho are "known lo be full ol the spiril and wisdom" (Acl 6 v$ 31. The number of Deacons shall be
appropriate lo the current needs of the church as delerminecl by Ihe Elders. Deacons shall normally t)e
appointed at thè Annual Gèneral bAèèling ol the ¢hur¢h. bul occasionally il may be ne¢6ssary to appoint extra
Deacons at a normal church meeting. When li is ret￿nISed by Ihe E￿er$ ih21 Ihe appointment of further
Deacons is ne￿Ssary, members will be invited to make nominalions Irom the rhurctt m8mber5hip to the
Pastor, or an Ekser if there is no Pastor. al lea51 fourteen ijays before the meeling. The pastor, or Elder, shèll
obtain Ihg consent ol Ihe nominèè bèfore that person can be pul I0￿8rd for èlèction. Al the meetiw th&
nominalion must Ihen be seconded and receive at least a thirds majority vole ol IhE members present and
voling before the appoinlment can be confirmed by the Elders. A Deacon shall relire after a three year tenure
of office bul 15 eligible lor re-electK>n. 118 Deacon was apkKiinled at a mid-poinl belween Annual Ggrberal
M881ings. their time c>f S8NiC8 shall bé from thé AGM following IhÈir apwinlmènl. If the Elders are of the
inion Ihat a Deacon shall relinquish the Dfficg before the end ol Iheir term Ihèy sh811 inform thè Dea¢￿ and
tho church ol the lerminalion of their appointment.
P8rsons se8king m8mb8rship shall arrang8. aft8r roadlng a copy ol tha Church ConslilLJllon. lo be visileLI by
al leBsl two Elders or other members nominalfrd by the Elders to gain satisfaction of their nèw birth. ChrTrsts"an
ehAr8cler and consistent lil(*, record their inlenlion lo abidg by the Rule5 of Practice ol the Constilution and
Il*ir Who￿hearted assent to the church's Slotomonl of Doclrine. Membership is then confirmed by a VL>le by
the Elders and 8cceplance is acknowledged at tho nexi convenionl Lord's Table or al a Lord's Day sefvice.
Inductlon of trustees
inducllon a Trustee receives a copy of the Church rules 09109109 v&rsion 2, Ihfy Constilulion. balesl annual
financial stalemenls and Guidancè on Ihe Role of 8 Trustee 8$ issued by the Charity Commission.
The Trustee5 are responsible for selling rerThJneralion lor those staff paid by Ihe ¢hurch.
Policl•s
Policios aro adopted by the Church to ensure compliance with Child Protection and Environmental l$sues.
Futur¥ plans
The D8acon3' report was aFvroved by the Board of Deacons.
George Chakko-George
Deacon
Dated: 11 May 2021

MALVERN EVANGELICAL CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE DEACONS OF MALVERN EVANGELICAL CHURCH
I report to the Deacons on my exBminBtion ol Ihe financial statemenls of Malvern EvangeliGql Church Ilhg
churchl lor the year ende(1310ecember 2020.
Ro$pon$lbllltl8$ and basls of report
As the Deacons of Ihe church you are responslble for the piep8ralion of the fin8n¢lal glalomtrn15 111
accordance with the requiremenls of the Gharilies A¢1 2011 Ilhe 2Q111 Acll.
I report in iespect ol my examination of the church's financièl slalttmenls earned oul under section 145 01
the 2011 Ael. carrying out my examinalion I hove lollowed Bll the applicable DireclKins given by the
Chartty CommSssion under section 14515llbl ol Ihe 2011 Acl.
Ind4￿￿￿•￿1 gxamin•r'$ statem•nl
Your #ilenlion is drawn lo Ihe lacl Ihal the ¢hafily has preparod financlal slalorn8nls In aCCordar￿@ with
Accc*Jnling and Reporting by Charilies preparing their accounls in accordance wilh the Financial Reporting
Standard applic8ble in the UK and Republic ol Ireland IFRS 1021 in p￿1¢￿ence lo thg Ac¢ounling and
Reporting by Charities.. Si8lemenl of Recommended Praclice issued on 1 April 2005 which is rglgrrod lo in
the exi8nt règul8ts.ons t)ul h8s now wilhdrawn.
l understand that Ihi5 has been done in order lor financial stalements lo provide a Ifue and fair v￿W in
ac¢ordance wilh Generally Accèpted A¢¢ounllng Pr￿liCe ellective for reporting K*riods beginnlng on or
afièr 1 January 2015.
I have completed my ex8min8tson. I confimi Ihal w marters have come to my attent￿n in conne¢tion with
the ex8minalion givlng me cause lo belleve th81 in any malerial regpecl..
accountin9 records were not kept in respect of the church as required by section 130 of the 2011 AGI-
or
the linancial stalements do not acGord with those records,, or
the financial stalemenls do nol comply with Ihe applbcable reouirements coneerning the form and
conlenl of accounts sel out in the Charilies (Accounts and Reports) Regulations 2008 other Ihan any
requiremenl that the aGcoun15 uive 8 true lair view which is not 8 matter eon51dered as part of an
Ind8p&ndènl èxamination.
I have no concerns and have come across no othef matleys in connection with the examination lo) wh￿h
attention
uld be diawn in this teport in order lo enable a proper underst8nding ol the fin8nc￿l siatements
eth Needham ACA CTA IVAT
Kendall Wadley LLP
Granta Lodge
71 Graham Road
M81vem
Worcestershire
WR14 2JS
D8led.' 11 May 2021

MALVERN EVANGELICAL CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2020
CuThent flnanclal yoar
Unro•trirtod Unreslrictgd Restricted
funds
funds
funds
gèn•ral d¥slgnal•d
2020
2020
Total
Toi81
2020
2020
2019
Notes
Donations and legacies
Oihbr activitios
Invest￿￿15
114.786
375
9,863
8,215
132,864
37S
11S,319
4,871
12
Total Income
115.167
9.863
8,215
133,245
120.202
Charitable aclivitios
91,729
77
16,861
108.667
129,178
Not incominglloutgoingl resources
before transfers
23.438
9,786
18,8461
24.578
18.9761
GroBS transl8TS ba￿en lunds
11
113,9351
3,565
10,370
Net incomollexpenditure) for the yearl
Ngt Inovgmgnt in funds
9,503
13,351
1.724
24,578
18,9761
Fund bal8n¢e$ at 1 January 2020
87.585
603,789
670
692.044
701,020
Fund balJnc*s at 31 Dgc•mbgr
2020
97,088
617,140
2.391
716,622
692,044
stal•m•nl of financial 8clivitie6 include5 811 gains and losses recLyJnised in the year.
All income and expendilure derive from conlinuing activitiès_

MALVERN EVANGELICAL CHURCH
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2020
Prlor flnancial y•ar- combined
Unrestrlcted Unrestdcted Restrlcted
funds
funds
fund
genèral dèslgnated
2019
2019
Totsl
2019
2019
Notts
Donations and lega¢ies
Olhèr Aellvil*$
Investments
96,377
4,871
12
10.008
6.934
115,319
4.871
12
Total incom•
101.260
10,008
8,934
120.202
Charitable aclivilie$
106,588
611
19.979
129,178
Nel Incomlngl{outgolngl r•sourc•B bofor•
tr•nsf•ri
17,3281
9.397
111,0451
8.9761
Gro$$ Iransfers between lunds
11
112,0721
1.342
10,730
N•t Ineom•ll•xpèndltur•l for tho y•Arl
Net movthènt In funds
119.4001
10,739
13151
18.9761
Fund balances al 1 January 2019
106,985
593,050
985
701.020
Fund balan¢•$ at 31 Do¢èmbor 2019
87,585
603.789
670
692,044
Th& stalemenl of financial acts"vitses includes all gains 8nd losses recognised in the year.
I Income and expendilure derSve Irom conliniilng acllvllles.

MALVERN EVANGELICAL CHURCH
BALANCE SHEET
AS AT 31 DECEMBER 2020
2020
2019
Combln•d
Not•s
Fixed assets
T8ngiblÈ assèts
Current assets
Debtors
Cash at bank and in hand
12
972,460
995.5T5
13
15,356
12.478
4,146
1,764
27,834
5,910
Credltors.. amounts falllng due wlthln
one year
14
127.9511
127,8581
Nel currènl liabilits.es
121,9481
Total assets less current Ilabllltles
972,343
973,627
Crèdrtofs: amounts falling due aft•r
more than onè year
15
1255.7211
1281,$831
Net assets
716.622
692.044
Income funds
Re51ficled funds
Unrestricted funds
Designatèd lunds
Gener81 unreslricled lunds
17
2.394
670
18
617,140
97,088
6Q3.789
87.58$
714,228
691,374
716,622
692.044
The financ1￿ tslemenls were approved by the Deacon8 ￿ 11 May 2021
George Chakko.George
Trg•sur•r

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Aecounllng polleles
EntSty Infom)atlon
Malvein Evangelie81 Church Is g Chorilable In¢orporalgd OiganisalK>n registered the Charity
Commission In May 2D18_ Tho principal addross 1$ 210 Pickcrsloigh Road, Malvorn, Wor¢oslershlre. WR14
2QX.
Ba$18 ol prèp•r8tlon
Malvern Evangelical Church was a registered charlty 113125. a new Charilable Incorptrraled Organisxlion
was 8stablish•d and is register&d wllh the Charity Commission undèr number 1178558. All thè 8ssel$ 8nd
liabilities of the the lomier charity weie transferred to Ihe new organisation on 1 January 2019.
These financial 51alemenls ale prepared ￿ accordance with section 27 01 Ihe Slatemenl ol Recommended
Practice. merger accounting, The a5sels. liabilities and funds of the two entiti&s have been a9gregaled, the
resulis for Ihe y8ar show Ihè combin8d position lor Ihè whole accounling pèriod and compar8￿"¥￿5
relale lo the charity 1133125 now removed from the Register.
1.1 Accgunllno con¥onllon
The accounts have been prepared in accord#Ke with the church's Rule¥ and Conslilution. the Charities
Act 2D11 and "Accounting and ReporlSng by Charilles.. Slatom¢nt of Rocommcnded Practice applicable to
¢h•riliès préparing their aceounls in accordance wilh the Financial Reporting Standard applicable in the
UK and Republic ol Ireland IFRS 1021" leff¢clive 1 January 20191. The church 15 a Public B6nfjfil Entity as
deflned by FRS 102.
The church has taken advantagé Df the provSsions In the SORP lor ¢h*rit6es applylng FRS 102 Update
Bulletin 1 not to prepare a Stalemenl ol Cash Fl(yNs.
The flnancbal stslemenls have departed from the CharS1ies IAccounls and Reports) Regulallons 2008 o)nly
to Ihe exlenl required to Provide a truè and lair view. This departure has Involved fdlowing the Slalemenl
ol Recommended Practice for charities applying FRS 102 rather than the verskin ol Ihe Si8ttsm8nl ol
ReGomrnended Practice which is referred lo in the RegulalioTrs bul which has since been withdrawn.
The financial statements ar8 preparètt in stèrling, wh￿h is thè lunctiortral currency of thè church. Monetary
amounts in these financial 51atem8n15 are rounded ID the nearest £.
The financia1 $18lemenls have been prepared undgr tho hislorithl ¢osl ¢onvgntion. The principal
•ccounling policies adtplèd are s&1 oul below.
1.2 Golng concern
Al the time ol approving the financi41 statements, the Oeaeons have a reastsnable $xpedation thal the
church has 8dequ8le resources lo continu& in operational existence lor Ihe foreseeable luluie. ThLJS Ihe
Deacons ¢ontlnue to adopt the going concern basis of accounting in preparing the firnanclal statements,
1.3 Charltable funds
Unrèslricted funds arè availab￿ for us8 at discrelion ol the De8¢0ns In further8nce ol Ihelr chadtable
otyectives.
All income received for 8 specific purposè. and expenditure relatiThJ lo such purposes. k% assiyned lo the
rèl8v8nl rèstrlctèd fund.
Endown*nl fu￿8 are subject lo specific conditions by donors that the Capllal musl be malntained by the
church.

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEM8ER 2020
A¢¢ountlng poll¢lès
IContlnu•dl
1.4 Incomlng r•sourc•s
Income is recognised when Ihe church is legally enlilled lo il 8flpT any pprforrnance condillons have booll
met, thè amounls can meas[k￿d reliably, and ll is probable iha¢ income will bo r&ceived.
Cash donations are reeognised on receipl. Other donalions are rewgni5ed Once the thurch has been
nolifieé of the donation, unless performance conditions requi￿ deferr81 ol the amounl. Income lax
reeovÈrablè in rèlation lo donAlions rècèlved undèr Gift ￿"￿ or dèeds ol covenanl Is recognised 81 the ISM
ol the donation.
Legacies are rertsgnised on receipl or olhepwise il the ¢hurrh has bggn notified ol an impending
dislribulion, th& 8mounl is known. ￿c￿p1 is expecled. 11 Ihe amwnt ks not known, the legacy is Iraalgd
8> 8 eonlingenl assei.
All other income is recognised ￿en il 18 receNed.
1.5 R•soure•s expèndèd
Li&billlie5 are recognL8ed for the amounts that the charily snlKipales11 ￿11 have lo pay lo sellle a debt or
thè amount thal it has received in advance as payment for sèrvi¢ès il h8$ to promde.
Expenditure on charitsble activilies includes Ihè costs assou8ted with the aclivititrs undoriaken lo further
the purposes ol the charity and their gssocialed support costs.
other expènditure rèpresenls those ilèms ml falling Into any other heading.
Irrecoverable VAT is char9ed as a cost againsl Ihe activtty for which Ihe exF*ndiltsre was incurred.
Support C0515 are Ihose functions that assist the work ol the charity but do not directly undertake charii2b5e
adivilies. Support costs include back office costs, finance, personnel. payroll and governance costs which
support Ihe programmes and activities Lbndertakèn
The support costs are treated as core running cos15 01 the charity.
1.6 Tangible fixed a$$et5
Tangible fixed asse15 are inlllally rrbeasured al cost and subsequently measured at cost or valuation. net ol
depieGialion and any impairment losses.
Depreelation Is re¢ognised so Bs lo wrile off Ihe ¢osl ¢r valuation of assets bss Ihgir residual valuos ovgr
their useful lives on the followSng bases..
Land and buililiThJs
Property Improvements
Comwler equipment
Fixlures, fittings & equymenl
Buildings over 50 years
5 years slraighl Ilne
33Yo on net t)ook value
330A ort ntst book va￿e and 5 yuears straight line
The gain or k$$ arising on the ¢Ji5posal ol an #ssel is determined a5 the difference bel￿een the sale
proceeds and thè C8Trying value of the assel, and is re¢ognised In not in¢orn¥lloxpgnditurg1 lor tho year.
1.7 Imp•lmwnl of fly•d as$•t$
Al éach rèptsrling end dale, Ihè church rÈviÈws Ihè carrying amounts ol ils tangible assets lo delerrnin&
whether there is any indication Ihal those assets have suftered an Impalmenl loss. 118ny such indication
exists, the fecoverable amount ol the asset 1$ eslimaled in oryler lo determine the extent ol the knpairmenl
loss lif 8nyI.
10-

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Ac¢ounllnu poll¢l•$
(Continued)
Re¢overabio amount is the hioher ol fair value I￿$ ¢osis to Sell and valuo in use. In assvssing Yalue in
Lbse. Ihe eslimated fulurfy cash fl{￿ ar8 discounlod lo Ih8ir pros8nl value using a pre-tax di$counl rate thal
reflects current mark81 assessmorlls ol the litno valuB of money and the risk5 5pocific lo the asset lor
whlch the eslimales ol lulure cash now% have nol been adjusted.
11 the recoverable amounl ol an asset 1$ estimated lo be less than ils carrying amoijnt, thtt carryng amount
ol the 8ssel is reduced lo ils fecovefable amounl. An Impairmenl loss is recognised immedialely in incomel
lexpendilurel lor the year. unless Ihe felevanl assel is carried al a revAlued amount, in which Gase the
Impolrment loss is treated 8$ a révaluation decrèasè.
Recognised impaiimenl thses are reversed il. and only il, the reason$ lor Ihe impairmenl loss have
ceased lo apply. Where an impairment loss subsequenlly reverses, the carrying amount ol the asset is
Increasèd to the revisèd Èslim81è of ils recovèrable amouni. bul so Ih81 Ihe In¢reAsèd carying amount
does nol exeoed the carrying amounl that would have been determined h8d no impairmenl loss been
recognised loi the asset in prior years. A reversal of an impairment loss is reco9nised immedialely. unless
the relevant asset is carried in al a revalued amount. in which case the reversal of the imp8imienl kiss is
trebled as a Tevalvation increase.
1.8 CaBh and cash equivalents
Cash and cash equivalenls Include cash in hand. deposits hglcl al call with banks. other short-lerm liquid
invgslmgnls with original malurilies ol three months 0118Ss. and bank overdrafts.
1.9 Flnanclal Instrumonts
Thp church has elected to apply the provlsions of Sectlon 11 'B8sic Fin8nc481 Insliumenls, an¢J Se¢Aion 12
'Olher Fbnandal Instruments Issues, ol FRS 102 10 811 of Sts financhal Snsirumenls.
Financydl instruments are recogniseLt in the chlbrch's balance sheel when the church becomes party lo ih8
coritraclual provi￿on8 ol thè inSt￿Ment.
Financial assels and liabilities are offsel. with the net amounts pre5enled in Ihe financial statements. whtsn
there is a legally enforceable ruht to set olf the recogni5ed amounts and there is an intention to sellle on
nel basis or lo realise the asset and settle the liability slmultaneously.
Basic financial a$s•t$
Basic Iinanaal assels. which Includ& debiors and cash and bank balances, ar8 Initially measurèd at
transac1￿n price including transaction costs and are subsequently earrled al amorlised cost using ¢he
effective interest melhod unless the arrangemenl conslilutes a linancing Irans8Ction. where the Iiansaclion
Is measured 81 the presenl value ol the lulure receSpts discowled al a markel rate ol Inleresl, FifjanGkg1
assels classified as receivable within one year arè nol amorlised_
Ba51c ftnanclal Ilabllltles
Basic financAal liabilitie5, including creditors and bank bans arg initially recognised al transaction price
unless the 3rr8nggmenl wnstilules 8 finan￿ng Ir8n5aCtion, where the debt instrument measured al the
present value ol the future paymonts dlscounted at a markèt ralè ol Inleiest. Financial liatililiès classified
as payaNe wilhin one year are nol a￿rtised.
Ogbl instwmgDls arg sUb￿qu￿ntlY carried 8t atnorts'sed G051, using the effective ir)lerest rate wnethod.
Trado creditors aro obligatlons lo pay lor goods or servicos that have boen acquired li the ordinary course
ol Dperalions frorn suppliers, Amounls payable are classif￿d a5 current liabilities if payment 15 due within
one year or less.11 not. Ihoy awe presented as non-current liabilities. Trade creditors aTe recognised initially
al Iransacliw pnce and subsoquenlly moasured at amortlse(J cost usin9 the effective interest method.

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Accounting poli¢i08
{Continuedl
Dere¢ognllion of lin•n¢lal li•bllltl8s
FinancLql liabilities are deTecognised when the Chu￿h,$ conlr¥clual obligolions explre or are dlsch¥rgod or
cancelled.
1.10 Employee benefits
The ctssl ol any unused holiday enlitlement Is recognised in the per￿￿ in which the empkjyee's s6rvi¢$s
are received.
TermIna￿n bènefits are r8cognisBd immediately as an expens8 whgn Ihe church is Oemonstrably
¢ommilted to terminate the empk)yment of an employee or to provide termination benefits.
Crltlcal a¢¢ountlng ￿tIMat•S and Judg•mentB
In the application of the chijrch's accounting policies. the Deacon8 are required lo make judgements.
eslimales and 85svmplions about the G8rryirig amgvnl of as%ts and liabilities Ihal aro not readily apparent
trom other SOL+rcos. The estimates and asso¢ialed assumplions aro based on historical oxporience and
other factOf5 that are consider8d lo be relevant. Actual Tesulis may diffor from these 05timales.
The eslimalgs and undoilylng assumpllons ar& reviowgd on an ongoing b8$is. Rovi¥ions lo accounting
eslimatcs are recognlsoé in the period In which the eslimalc is rE*vised wthere the revision atto¢l$ only Ihal
period, ￿ in Iho period ol the revision and fuluro poriods whero the r6vision affec15 both ￿rrent and future
periods,
12-

LD
• T5 ¥

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
other a¢tlvltles
UnTgStrlct•d Unreslrlcled
lund8
runds
gBn•r81
general
CombTrned
2019
2020
ChLwch acliwlies and clubs
375
4.871
Inyestmfrnts
Unr•$trl¢tod Unreslricled
funds
funds
general
general
2020
2019
Interest recei¥ab
12
14-

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Charitablè actlvltlès
Mlnl$lry and Clubs •nd
mlsslon
othor
fund
•ctl¥itlgS
Totslmlnlstry and Clubs and
mlsslon
othèr
fund
actlvltl•s
Tol•l
Combln•d
2019
2020
2020
2020
2019
2019
Staff costs
Depreuallcn and
ImpairmÉThl
Costs of runniny 8clivilies
Bu1￿1n9 ¢0s1s
37,768
37,768
37,065
37,065
23,65B
23.658
1.580
77
26.BOO
26.800
11,604
611
1.580
11.604
77
611
61.503
1.580
63.083
64.476
11,604
76,080
Gfanl fundlng of act￿ltIeS
(see note 7}
16.861
16,861
19.979
19.979
Sh•r¢ ol support ¢osts
lsÈe nole 81
Share of govemance costs
(see Mle 81
27,223
27,223
29,870
29,870
1,500
1,500
3.249
3.249
107,087
1,580
108,667
117,574
11,604
129.178
Analys1$ by tund
Unrèstrictèd funds
general
Unrestricted funds-
¢esignaied
Restricled lunds
90,149
1,580
91,729
96.984
11,604
108,588
77
16,861
77
16.861
611
19,979
611
19,979
107,087
1,580
108,667
117.574
11.604
129,178
Grants payabl•
2020
2019
C¢mblned
Gr8nts mede Isèe restrleled tunds note
16.861
19,979
16,861
19.979
15-

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
Support Costs
Support Governancè
costs
o$t$
2010
Support Govemance
costs
costs
2019
Combined
Olh8r suppotsrl
expèndilure see below
27.223
27.223
29.870
29.870
Legal and professiona1
Aecounlancy fees
Bonk chargès
1,673
1,260
316
1.673
1.260
316
1,260
240
1.260
240
27.223
1,500
28,723
29,870
3,249
33,119
Analysed between
Charltable acllvilies
27,223
1,500
28.723
29.870
3.249
33,119
GovèmAnc& costs includes paymanls to thg accountants as shown above for accountancy foes and olher
seNices.
Oth•r support #xpendllure
2020
2019
Bu1￿1￿9 repairs and
mainl8nanr
Ral85 and Waier
Lighl and heal
Insur8n¢e
Postage and Sta1￿￿￿ry
Telephon8
Subscrlplions
Sundry Expense5
Mortgage Interest
Websit8 Cosls
Cleaning
Kitchen supplies
1.1B4
2.3B1
2,683
2,657
171
433
1,570
2,665
2,358
3,413
2.548
2W
455
1.404
11,710
1,074
2,946
408
12,674
487
2,648
784
27.223
29,870
Deacons
None ol Ihe Deacons lor any person5 connected wilh ihernl r￿eNed any remuneration during the year.
None of the Deacons were ieimbuised Iravelling expenses during the y&ai.
16

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 DECEMBER 2020
10 Employèès
Number of gmployg93
The average monthly number ol employees durirE the year was..
2020
2019
Combined
Number
Number
Full.lime employees
Employmont cgsts
2020
2019
Comblned
Wag6s and salaries
Social securily costs
Olher pension costs
30,128
876
6.764
29.667
736
6.662
37.768
37,065
Th¢ employèes are considered to the key management personnel.
T￿re ￿re no employees whose 8nnu81 remuther8t￿n was £60.OOD or more,
11 Transfers
A IransfeT of E10.570 was ￿ade from unreslri¢Aed to restricted funds lo wvgr Ihg excess of reStr￿ted lund
expen¢Jllure over income.
Following the complelion of the accommodalion projoct. all reslricted funds received in connection wilh tho
Pfoject were lo the dosignalgd funds, Transfers aT¥ io match the vèlue ol freehold picy¢rly
and fixture5 and fiitings asso¢ial8d th#rgwth, aftor allowance for outstandSng loans and Grodilors.

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
12 Tanglblè tlxed assets
L4nd and
Proporty
bulldlngts ImpTov•inonts
Flxturei,
flttlngÉ &
•9uipiiieiit
Computer9
Total
Cost
Ai 1 January 2020- combined
Additions
1,040,382
9.732
66,884
6,517
542
1.123.515
542
Al 31 December 2020
1.040,382
9,n2
66,B84
7.059
1,124,057
D•prgclBtlon and Impalrm•nt
Al 1 January 2020- Combined
Dèpreeiation charged In thè year
66.367
16.979
3.893
1.947
51.868
4.310
5.B12
421
127.940
23,657
Al 31 December 2020
83.346
5.840
56,178
6,233
1S1,597
Carrylng amount
Al 31 December 2020
957,036
3,892
10.706
826
972,460
AI 31 Dgc8mbor 2019- combingd
974.015
5.839
15,016
705
995.575
13 Debtors
2020
2019
Combined
Amounts falling due within one year.
Olher debtOTS
15,356
4.146
14 Crèdltors: amounts falllng du• wlthln on• yaar
2020
2019
Combined
Nol•$
Bank roans
Other borrowings
Other taxation and social security
AccruaL% and delerred income
16
20.733
19,790
5,000
1,808
1,260
958
1.260
27.951
27,858
18-

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
15 Cr•ditors: amounts falling dug aft•r morg than ong yoar
2020
2019
Combined
Notes
Bank loans
Other creditors
16
230.721
25,000
261,583
30,000
255.721
281,583
16 Lo•n$ and oY•rdrafts
2020
2019
Comblned
B8nk loans
Olher loans
251,454
30,000
271,373
35,000
281.454
306.373
Payab￿ &￿th1Th one year
Payab￿ all&r ortè year
25,733
255,721
24.790
281.583
Amounts induded above which fall due after five years..
payab￿ by iislalments
137,968
162,7B1
Thè long4erm loan is secured by a Ix8d charge ov9r th8 froehold prop&rty of the chartty.
The rnortgage has boon ¢nt¢red into lo provide finance lor the building ol the thurch, il is lor 8 p¢riod of 15
y9ars. ￿PaYable by instalmenls and carnes inleresl al 4.5°fi pei annum.
Tho other loan ￿lateS lo funds advanced by È member to 18eilitate the financing of Ihe new ¢hur¢h
buildlng. Th1$ advance Is unsecured and inleresi free 8nd repayable. provided lund8 allow, in ¢qual
inslalmenis 01 £5,000.
19

rD
Lrj o
or

7JW
C4 CQ
14 LD
i)
7?
TJ
ffjys
(4
(o
ID r4

MALVERN EVANGELICAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2020
20 Related party transactlons
There were no disclosable ￿ laled party Irans8Gtions during the yeai12019- none).
24-