CHRISTIAN WORKERS RELIEF FUND LliarilN' Number 34676 ANNUAL REPORT AND ACCOUNTS to 31st DECEMBER 2025 CHRISTIAN WORKERS RELIEF FUND Reference and Administrative Detsi13 of the Charity Charity Name= Christian Workers R@lief Fund (Formèrly Home Workers Fund} Charity Number.. 234676 Tru$tè#s." Thè following have served during 2025 38 TrugteèB of the Fund.. Mr Andrew A H Bames Mr Timothy H Bennett Mr Brian J Chapman (Chairmanl Miss Rachel C Daws (Treasurer) Mr John Gamble Mr H John Lee (Deceased 29th May 2025) Mr A R Michael (Appointed 15th OGtobei 20251 Mr Michael Peach (Secretary) Mr Steviart A Simmons (Welfare Secretary) Principal Address: Address for the ieceipt ol gifts lo the Treasurer of the Fund.. Miss R C Daws, PO Box 2880. Bath BA2 6VW A(klress ol the Secretary." - 5 Gardner Road. Tilchfield. Fareham P014 4EF Indgpgndent Examiner: Joshua Kin9sion 8Sc. FCA. Burton Sweet Limited, The Clock Tower, 5 Farfeigh Court, Old Weston Road. Flax Bourton, Bristol BS48 1 UR Bankers: Nab"onal Westminster Bank plc. 1 Muster Green, Haywards Heath, West Sussex RH16 4FB United Trust Bank. One Ropemaker Street, London, EC2Y 9AW Inv•5tmant Managers: Charles Stanley & Co Ltd, 2 Weslover Road. 8ournemoulh, DEYsel BH128Y Page 1 Report of the Trustees for the year ended 31 December 2025 Structure. Governance and Management Govèming Docilménl The Charitable Tnjst was established on 19th Seplember 1961 and is registered with the Charity Commission No 234676 The Charty Commission sealed a Scherne dated 171h December 1998 governing the Charity and agreed an amendment Dn the 9kn June 2011 Trusloos The Scheme defines the number of Trustees lo be betsveen 3 and 20, and the appointment of a Trustee is made by Tnjstees at a special meeting. Each appoinlrnent 15 made foi the shorter ol eilhei 4 years or, if the 8PPOlnttllenl is being Thade to fill a vacancy, the unexpired t&rm of the appointee's predece55or. The cuirenl number of Trustee$ is 8. The Trustees are awa￿ of the need to recruit other Trustees and when deÈmed appropriate, they are InleNiewed arKI assessed as to their suitsbility before being appointed. Mr John Lee, Secretary had been called Home to be with his Lord and Saviour on the 29kn May 2025 and the Trustees wished ID record wilh deep gratrtude their heartfelt thanks lor his contribub'on to the work of the Fund over many years. The Tiuslee5 were pleased to appoint Mr Alan Michael as a Trustee at Iheii rneeling on the 15UI October 2025. Risk The Truslee5 tske account ofrisks to the Charity when rna￿ng decisions concernir)g the Fund. They recognise that the major risk to the Char1ty is a lack of income and seek lo miligale this throuqh good communicalionlrelalionship wth its supporter base. The Trustees review risk5 on a regular ba515. They recognise that this is a 'Faith' work an(1 that the Fund is dependent upon God and His people for income and for 115 continuance Objectives and Actlvltiès Objects The d)iects of the charity are the rel￿1 of serving and former evangelists and Bible teachers who Carry out or carrie(l out Iheir work in the area of benefit and their ¢urrenl or former dependanls including spouses, widows or widowers who are resident In the area of benefit or who live abroad and require such assistance because they are In conditK)ns of need, hardship or dislfess.. or sick, convalescent, disabled or hanOicappe(t,' or elderfy. Activit￿8 The main acliwty was the distribution of gifts lo individuals during the year. The policy is that all gifts should iiieet Ilie ciiieiia ol the obFc15 shown above and every grant corisidered ha5 to agiee wth these objects before a ¢ecision to rnake a grant Is made. giiblic Beiiefil The Trustees coiisider that the acliwtses undertaken and dislributions made by the Fund were In drrecl ILJrtherance of Its chaiilable PLirposes lor the public benefii. Furthermore, In carrying out those objectives and aclivities uf the Fund the Tiustee5 have had regafd both to Ilie general. as well as the ielevanl specif￿, Public Beneffil Guidance Issued by the Charity Commission. Page 2 Grant making pollGy Before making any gift the Trustees seek ID find out as much Information about Ihe IinanGial needs of an Individual recognising that this is a private matter The main area ol support concerns those within the objeG15 who have reached the age ot 70 year5 where the Trustees send out an Inforrnalion sheel requeSt￿g full details of IheiT Income which Is Ihen CDmpared to Governnient slalistics and In appropriate cases a iegulaT amount may be agreed and paid. The charity also provides one off grfis such as funeral expenses which il is informed about through variou5 conla¢ls and channels and if the individual comes wrthin the objects ol the charity are Ihen considered by the Trustees and any gift agreed. Achievements and Perfomiance The Fund's income for the last year was derived from some 9 individual donors12024'. 91, 10 Churches12024.' 91, 2 Charilable Trust$12024 21 as well as interest earned on funds deposited with its bankers and investment income. The Fund made fjnancial distributions to 95 Individua15 (2024. 110) during Ihe year. Tlie geneidl basis for gifts is 3gTeed anioiiy the Trustees and is ieviewed regularly at the Trustees. meeting5 Usually lield in 6iistol in the SPTing and autumn. The Chaf1ty Is administered on a voluntary basis - Ihere are no paid employees - with the pnncipal duties shared among the office-holders. The Trustees issue a Report which sets out in sumrnary forrn details ol Income and Expenditure and this Is Issued to various Churclie5 throughout tsreal Bnlain and to all Individual and Trust donors. Financial Review During 2025 the Fund received income totalling £350,161 {2024'. £358,454> a)d has distiibuted fvjnds totalling £ 263.176 (2024.. £297,110) lincluding gffts in kind - Christmas Food parcels - amounting in valuE lo £2,496 12024.. £2,910) and payments for holidays amounting to £11.900 12024.. £7,00011. Administration and Govemance costs arnounled to £7,05512024." £6.2411. Thè Char￿ty,$ lull financial position is sel out in the attached financial slatemenls. There are no contingent liabilities The Fund owns no Pfoperty avd, as a matter of investrnent polry. all its assets are in investments and the bank. R&seives PolKy The Reserves policy. which is reviewed annualty, has been base(J on meeting lfie following requirernents.. - The Fund has no guaranteed assurance of income ané makes no public appeal for 5UPPOrt. The uneverb flciw ol income and expendiluTe during the year. This is tsf particular concern al the year end when al ￿a$1 £50,000 will be paid out on the first day of the new financial year. The necessity of a reserve in the event Ihal the Fund clos&J down. The Trustee5 consider that in view of the ben8fi¢iaries that the Trust supports it is not unreasonable lo have reserves ol minimum of ￿ yearfs expendrture arTrd a maximum of three year's expenditure which equates to be￿eeN £600,000 and £900,000. Page 3 Reserves at tl)e year-end were £826,76012024'. £703.777) which is In line wilh the reserves poli¢y sel by the Trusiees. lii¥'esfineiil Policy The Trust has no Inveslnients olherthan those managed by Charles Stanley. The agreed w)Iicy for the portfolio Is a lowimedium risk account with a balanced objec15ve for both growirb9 capital and generatiny Incomè lo support the charily Needs. A comrnittee DI three TIuslee5 have delegated powers lo act on behalf of the Trust. Plans for the future The charity conlinues to conlnbule towards the financial needs ol many iThJiwduals especially those over the age of 70 years In the financial difticullies thal they lace. Most Df Ihe beneficiaries are al￿adY vulnerable and are likety to become even more vulnerable in the current situabon as financial support for them re(luces from their preaching and other supporters. As a ￿su11, we must be constanty on the alert for those who have addrtional needs. Statement of Trustees, Responsibilities The trLJStee8 a￿ reJpon$ible for preparing Ihe Tnjstees, Report and the financial statements in accordance with applicable law 8nd U￿￿ted Kingdom Accountin9 Stsndards including Financial RepL)rtin9 Standaid 102". The Financial Reporting Stsndard applieable in the UK an¢J Republtc of I￿land IUnf(ed Kingdorn Generally Accepted Accounting Practice). The law applicable to charil*s in Englaf¥J & Wales requires Ihe trustees lo p￿pare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the Income and expenditure of the charity for that period. In preparing these financial statements, the trustees are requifed lo.. select suitable accounting policies and then apply them congstenlw., obseTve the methods and principles in the Charibes SORP.. make judgments and accounting eslimales that are reasonable and prudent.. stale vthether appli￿oIe UK Accounting Standards have been fc4lowed, subject to any material departures disclosed and explained in the financial slalemenls," and prepare the finan¢ial stslemenls on the going concern basis unless il 15 inappropriate lo presume Ihal the charity wll continue in business. The trustees are responsible for keeping sufficient accounting records that disclose wrth leasona￿e accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the chanb.es Act 2011, the Charity {Actounls and Reports) Regulations 2008 and the PTovi$￿ns of the trust deedlconstitution. They are also responsible for safeguarding the a55et5 of the charity and hèn¢e for taking reasonable steps for the prèvention and deleclion of fraud and other irregularrties. By order of the TN$tee5 Signed Datfr 16th Aprll 2026 Brian J Chapman Chairrnan Page 4 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CHRISTIAN WORKERS RELIEF FUND I report 10 Ihe trustees on my examinatson of thè a¢¢ounls of Ihe Christian Workers Relief Fund Ithe char￿y1 for the yew ended 31 December 2025. Rg$pon$ibiliti88 and basi$ of rnport As the Charity Injslees of the Charty you are rèsponsible for the weparalicn (rf the accounts in accordancè with the requirements of the Charities Act 2011 {'Ihe Act'l. I report in respect of my examination Df the Cttarity's accounts carned out under section 145 of the 2011 Aet alld in carrying out my examination I have ftsllo)wed all the applicable Directions 9iven by the Charity Commisston under section 14515)(bl of the Act. Indepèndent examin•r's ststomont Since the Charity's gross income excèedèd £250,QOO yosJT examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualhfied lo undertake the examination because l am a membèr of the Institute of Chartered Accountants in Engknd and Wales, which is one of the listed bodies I have Bompleted my examination. I confirm that no material matters have come to my attenh.on in connection with the examinal￿fi 9iving rne cause to believe that In any maI￿al respect.. 1. accounting records We￿ not kept in respect of the Charity as required by Section 130 of the Act,. or 2. Ihe aceounts do not accord Mrilh those records,. or 3. the accounts tjo not comply with the applicable ￿quirementS concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'lrue and fair view. which is not a matter considered as part of an indeperndent examination, I have no concems and have ¢ome acioss no other matter5 in connection the examination to wh¢h attenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached Joshua Y,Ingston BSC. FCA Burton Sweet LiTllrted The Clo¢k Tower 5 Farleigh Court Old Weston Road Flax 8ourton Bristol BS48 1UR Date.. 16th April 2026 Page 5 Christian Workers Relief Fund Reg No 234676 STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025 Total Fund$ 2025 Unrostrlcted Total Funds 2024 Unrestrictod Notes Incomofrom: DonatK)ns and Leg¥ies Investments 328.187 21.974 338,285 20.169 Total Incom¢ 350,161 358,454 Expenditur• on: Chafilable Aclivities Raising Fund5". Investment Management Charges 265,510 299.125 4.226 Total Expendltufe 270.231 303.351 Realisetl Gainsl(Losses) on Sale of Investrnents S 17.7D9) Unrealised Gains on Investments 41.389 22,805 Not Income l {Expenditure) for the year 122.983 70.199 Bala￿e$ brought forward at 1st January 703,777 633,578 BalanceB carried forwavd at 31st Dg¢gmber 826,760 703,777 The Charity has rbo fecognised gains or losses other than th8 results forthe year as set out above. All of the activrtte$ ol Ihg charty are classed as continuing. Tho notss on p89es 8 to 13 fonn part of Iln•n¢l•l $tstsm•nts All movements in the curr•nt year were reprnsentèd by unrestricted f￿d8 Page 6 Christian Workers Relief Fund Reg No 234676 BALANCE SHEET AT 31 DECEMBER 2025 2026 2024 FIX￿ A88èts Investmonts 523.708 485,313 curront Assgts Cash at bank and in hand National Westrninster Special Irrteresl ReseNe National Weslminslei Current United Twst 203.4 1.100 100.605 122.965 1.000 96.644 305,201 220.609 Debtors 234 130 305.435 220,739 Llabiliti•s Creditors 12,383} {2.2751 Net Cungnt Ass•ts 303,052 218.464 Nel Ass¢ts 826,760 703,T77 Funds Un￿$1￿cted Funds 826,760 703,n7 Total Funds 826.760 703.777 Approved by the Board of Trustee5 on 16th Apnl 2026 and signed on their beha Brian J Chapman Chairm The notes on pagoJ5 ¥ 10 13 fonn part of th•s& 1Snancial statgments Page 7 Christian Workers Relief Fund Reg No 234676 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 l Accounting Policie$ a. The financial statements have been prepi1red in accordancc with 1he histOriC81 cost convention (except whc olheNse stated In the a¢cc)urting wlity note) and In accordanr.? with the Stalement of RecL>mmended pract￿￿. Accounling and Rèporting by Charitie8 preparitlu their attDiJn15 in accx)rd8nce wlh the Financial Reporting Stanoard applicable In the UK and Republic of ITeland IFRS 1021 issued In October 2019. 8nd the Finanojal Reporting Standard appli¢able in the Unrted Kingdom and Republic ol Iieland IFRS 1021. and the Charrties Act 2011. The dccounts lfinanaal statements) have been prepared lo give a 'lrue and lair. wew and have departed Iiom the Charilies (Accounls and Reporlsl Regulations 2008 only lo the exienl required lo provide a 'lrue and fair ¥￿W.. This departure has involved ftrllowng ALcouiiling and RepK)rling by Charities". Statement of Recomrnended Practice applicable to chanties preparing their accounts in ar£Ordan￿ ￿th the Financial Rerx)rliny Staiidaiij applicable in the UK and Republic OF Ireland {FRS 102) issued in OctobeT 2019. I he d)arrty meets the definrtion ot a publK benefft enlty under FRS102. Thère arè no maierial UnCerta￿tieS aboui the charity's ability to continue as a going conc¢m, despite the lovers ol cost increases belng èxp6rièneed. Whilst the Trustees expeel theie to be an imp8Ct on the charity'8 operations and 18sèrvés in Ihe corni179 months and years, thé chaFity rA)nsiders it has reseryes to meot tho8e challgnges in the for9eeat￿e fLrture. b. Income from