Charfty r•gl$tr￿10Th ftumb•r 1101899
Company r•glBtr•llon numlw 04984515 {Engthnd •nd Wal•sl
CFI CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

CFI CHARITABLE TRUST
LEGAL AND ADMINISTrATIVE INFORMATION
D Llnr*ll Ichaliman)
D O'sulllvan
J Holbrfr)k
A Be￿Irwh*￿hsrnlth
(Appc4ntsd 20 Novemb•r 2023)
Ghlof •x•cul￿O
J Vlnc•
8•cr•tary
J Caladne
Charlty numb•r
1101899
Company numb•r
04984516
R•gl8t•r•d offlc•
Chontry Hou•0
22 Upperion Rolld
Ea8ltrf)um•
East Su$sex
8N21 1BF
Ind•p•Thd•nt •Mmln•r
Rxhd Ta￿or FCA
Acumy Profeilonal P•rln•rsh* LLP
Flfth Floor
11 Lè8denhdl Stroel
London
EC3V 1LP
8•nk•rn
Uoyd8 8*nk
104 Temilnu8 Road
Eastt￿rn0
Ea8t su1￿X
8N21 3AH

CFI CHARITABLE TRUST
CONTENTS
Twtse8' report
st•t•rnont ofTwstso8' Twn81bllltt•8
Independent exomlnoVB report
stat•m•nt of IlnAnd81 *ctlvlll•$
staiomwrt offlnandal po91￿
statemgnl of c•8h Ibw•
N¢>t•8 to th• IlnAndal thm•nts
10-23

CFI CHARITABLE TRUST
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The TTU8lee8 prè8enl their annual rnp&t and fin￿Cial statements for the year ended 310•¢emb6r 2023.
The financial statements have been prepared In a¢cardarKe wrth the accounfjng pollcles 88t out In note 1 to the
financlal stslements and comply wth the Ch8rrt*s Memorandum and Art"¢les ofAs$o¢k4tion, the Companies Act
2006 and 'A￿O￿nting aThJ Reportkng by Charili88.' Statement of Re¢omm8nded Practice appllcable to ch8rltie8
eparing their accounts in Accordance wlth the Financial Rèportlng Standard applicable in the UK arml Ropublk
of Ireland IFRS 1021 leffodve 1 J￿uary 20191..
ObJ•CtI¥￿ ond actl¥S110•
The alms of the ch￿ are to serve the Church, particvlarly vAlh ts8¢hing malenal, lo trA888 18ra81.
Although spoclal emphgsl4 Is tyacod C￿ the m8jorfty elhnlc group of Jwsh peop￿ In Israd. a BFocific aim is also
that of 4$ a roconcillng Influ•nco bets%wn Jews and ATabB and otr￿r mlnorfty groupA.
A ffl•lor emph861$ of Chrfsllan Friends of l&rael 18 oducatlon81, that 19. th• pro*ABton of accur* up404ale
Informallon on Israel and th• surroundtng reglon, edu¢allon on tha H•brai¢ heritage of Christianlty, ond the need
lor posltlve Jwish.Chd$Jan relatbn8h￿. Thls l& carrled out by regular news letters and other prlnled m8t8rial,
audlo CD8 and vld80 DVD9, le¢tuMs, the OTg8nlialion of •du￿￿on31 ¢tsnf•ren￿S and prcffjollng Irth8m to
18rael at 8 ¥ludy level.
By pro￿￿1￿ 8 Ch181hryn per8pgcUv¢ on current events, the Tru•t end•8vour$ lo eneble Cmitloni lo pray for
Israel and her people Inlelllgentty.
A¢hl•v•m•nts •nd porformanc•
Th• •due•llon of th•publlc concemlng th• County of l¥rn•l •nd Its cltlzen¥
Wth several Chrf$ll8n fe81ivalg delerred from prevlous ye8fS it w8$ good lo have a fv118chedul8 Ihls y••r, •omo
In new locations, others attended for the Ilr$l Ilm¢. Wg 8dd•d lo our CFI UK re60urceB oddrtlonal rnaterfal to
a8Sl$t In commuri￿l40n ￿th the wlder Church a￿￿lence of our Ihreefoid obleds.. encouraging und8rstandlrrfJ,
thallenglng preludic•. gnd 98slsllng cros8vcullurally. We also planned 9 parflamentary bdefing and lobby day but
th18 was Inilally postponed ond later canc*lled duB lo the attack and ho8lag& tsklng In 8OUthem Israel on 7th
October.
rha of the poor, slck. handlcapped, •ged or othenws• n•edyp•opl• who olth•rllv• irt IsM•l or •rn
8o•king to •mlgr•te to that county
conllnued lo hlghllghl cau8es in Ilne wllh th1$ ￿e¢ll¥•, btrth through intsradve on15ne ge88bn8, and Ihrough
varlous 8rticle8, ￿ attended a conf•r•r￿ fr)cused on emlgrnllon lo Isra81 provkfkng resources lo wdtrpin thls
woth. Our ie8lrf¢W lund gwing Incrèased parUcul8rty In the final quarter duo lo the attack on 7th October and118
knmedigt¢ aftermath. Alongside our regular rnstrictad ftjnds going lo th08• In nood in l$f8•1. our trustees
allocated lund$ héld lor 'vthere most needed in l$rag1' to chaMII08 eperallng ¢rosKurturally prlm8rlly meetlng
medlcol and 8oclal noed8.
The advancenMnt of edu¢8tlon amongst Chrlstlans, Jews •nd the g•nornlpubllc of wh•t th• Blbh has to
say about the hlstory olihe Jews In the land oltsra•l thmugh to ¢umt tlffles afftl Gods plans for them
This year, we held tyjr annual autumn conlerence In-per50n ￿thout Ilvetstream, bul later made avallable vldgo
d audlo recordings. Our attendance In person increa88<J probat￿Y as 8 re¥ull but also getting back closer to
norrnal followiThJ the covhl yeors. One conference speaker was able to kytsvide new reports from Israd itsaw,
nollng Ihls was Prkjr to the 7th Octob•r attac*8. anolher Shared h8r story a¥ a holo¢au¥l survivor.
A8 in prewous years we contributfjd to the planniThJ and partidpation In a range of regional Holo(3ust memorfal
evonts, Including sth0013, libraries, churth and synagogue involvement plus notlon81 and local pc4itical
r8presenWv8s. Mpwry events featured ￿)loCaust suNlvor$ 8nd their descendants, tosumony. F4u5 music, art,
and pc*try contribjtlons.
We eontknued lo idenfrfy and 8(Jv8rtlse various educalbn81 resources Ihr(NJgh our quarterfy ma3azine al
vgnts.

CFI CHARITABLE TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
rhg •dvan¢8ment ofthe Chrlsdan falth wlth partl¢ularreforfjnc• to Its teachlng aboul the Jewlsh p•ople
Thls year we conclude distrtbuling our monthly Judalc Christian themed teachlng CDS whlch ar¥ now av¥il8ts4e
online from thè provider. Wg conlinu¢d lo present many 181ks on thls theme some at Chrisuan exhibitions other5
at thurch or conftrrence ￿ltIngs, wlth good feedb8ok.
offer our quartedy m#gazine to both new and exlstlng r8ad8r5 which indud•s artKles and regubr features ol
l$rael-rel4lfjd blbllcol exposttion, hebraic t8achsrva. Hebr￿ word studie$ and informallon on needy causes.
Cause$ relevant to our goals are promoted by reglonal, elwrch and prayer link& alon￿de the use (rf 1th9ital
medi8.
Encourayem•nt ondlnfonn•dpr4y•rlorlsrn•landits people
We distribute a free monthly prayer letter written in Isra¢l which wo edll ond odd e UK perspoCtlv8, alongside
weekly and fortnig￿Y email upd$l88 of news and prayor Items.
Our prayer •n¢ouragemenl coordinalor had some good opportunit188 to $P89k at outside feyonAI pray•r-th•med
o)nf¢rence8. Ouf onllne prayer netr￿rk for older supporterg c¢nllnu¥d to work well and more rèctrnt￿ w8ekly
98lh8rlng lo pray forthe oNJolng confllci In the roplon.
Our resldentl81 w8y&r conference t¢ok plac• once moTe And wos w•ll atténd•d. On th18 orza￿On we heard from
fleld W0￿er 8erylnq at CFI Jerus￿￿m.
FlnancS•l fevlwi
Incom• fecelved from r8gul8c giving was mostty In llnè our budget. ￿1h an In thoge gmng with glft
ald. The chur¢h68 and trust glving was slightly r•duced. Incr￿8 re￿Ived from legad•s exceeded that allowed
for in our budget.
Regular oulgolngs ware maintained undwcontrol, bul co318 518rted to dimb durlng th• ye•r. Comp*•ilng ￿lI¢ji￿
works look place over the year wllh further work envlsaged in the comlng year. M8lllng ¢osts W8Te sllghuy abovvl
budg81.
The investment property given as a leg8Cy Wtll provide addMon81 Incom8 in th& year ahead. We 8150 80ught to
place surplus and reserves In accounts with moro lavourabl& term8. Addltl¢nalty. toward tho end of the year w•
placed a $um In Income producing bonds that 81Sgn wlh our purposo.
A moro conventional salary Incro480 is agre8d lor the coming year, in Ilne vhth the Inflation r8ta. h¥ve 80ught
to allow for other Incre8888 anlidpgled In colt ol m8t•rlg1B and s8rvbCeS Ihw in Iho ￿MIng year.
Publlc ben•fft
The Tru8tees consld8r that th• activitJe8 det4lled abtrvè fulfil all the r•qulrement8 ol ￿ Chorfty CommlB81¢)ns
publlc ben•fit dlsclo$ure ond Comply with th• Charity's objects
Ros•rve• polky
Th8 Tru8lees consider It piudont lo in¢roase sum Set asid8 In reseN•s 10 £200.000 r•pre8enllng
approximately slx month's budg&led operatin9 expenditure on the g•neral fund. I￿r pdicy remalns to dislrlbute
reslricled *Jnd8 In a lrnety but cosl.efflcient mannei, usually on a qvartèrfy cyc￿. W8 continue lo keep our
flnancl81 resou￿&$ and oWigations under rewew, mindful of our Chrlstian, charitable ¥nd finandal obligatlons as
good 5t8wards.
Stru¢thr•. govwnanc• and fflin•g•mont
The Chaflly is a company limited by gugrantee 8slabli5hed by Memorandum and Artid•s ofAssoeSal¢X dalad 3
Decemb•r 2003, registratlon number is 04984515. The Chority is also regi8t8red wf(h the Chgrlty Commlssion In
EnglaThJ and Wdles, registration number 1101899.
Further inlomiatiJn ¥uch 8$ the bl￿TneSS and raglstored office addrnsses, and detsils of professlonal advlsors
can be found c4) the informatlon page.

CFI CHARITABLE TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
T1￿ Truste•$. who ar8 also tha director8 for Ihe pwposfj of company law, vtho 88rved durfn9 th8 yo8T were:
D Greor
D Llnnoll (chal￿an)
D O'sullivan
J Holbrook
A Bèrkin8hwSmith
(Retired 20 Novamber 20231
(Apwnted 20 Nov8mber 20231
The Tru8tae8 se•k lo appoinl addlUon81 Tru8t•O8 VI)￿8¥0r nec*￿ary fr)ll￿ng recoMM8nd8tio￿ trcffl exlsllng
Trustees or the thiof executive. A potènllal Trustee would be invited to 8ttend Trust888' mg•lings as ￿ ob8emr
for a l&w m•8llng$, bofore any darAslon Is tsken uJnceming Ihelr ongolw Involvement a8 a Trustse.
Polentlal Tru8le•6 are provlded with all the relevant 9uid•s from the Ch8rity Comml$slon b•for¢ any
appolntmenl.
Non8 of th8 Trustoes havo any ben•fidal Inlwest In th¥ eompany. Al of the TruBtoe8 are membwl of the
comp4ny and guerantee to contrttryjte £1 In th• •wnt cf a wSThJlng up.
The day-tr￿daY work oftht Trust is over$agn by Ihe chlof exgwtiv• and support 61aff who gre acu)unt8ble lo th•
Board of TTustae6. T1￿ Tru8lee8 meet regularfy and arè responsible for Dverall directlcm of th• Chadty,
fof maior fnanclal de¢i&ons. The chlef 8x8¢ullv& Is assisted in hls work by the 8enloT 8taff.
The Charlty 18 In l•lbwBhlp vlth othw branches of Chrl8tion Frf8nd8 of Igrael throughoul the worfd 8nd
P8rtlculady with th• co-ordlnatlr& office In JenJa818m, Israel. The CFI Charflabl• Trust li however Independent of
the other branche• and the ctrordinatlng Dffkg In Ms financ•8, gov•Inan￿ aTra management.
Rl¥k Managem•r*l
Thè Tru$l¢es have ass88gad thè major risks to vthlch the Charlty 16 expos•d, in p8rtlcular th088 ￿lated to th•
oporalbons and finances ol tha Charity, and are satlsfled that the 8yStems gnd pcllcles in place ar8 adequaté to
gat• the Charity's axp)8ur• to th• major risks.
Tho Trust8es' T•port w*s 8pproved by Ihe Board ofTru6t8￿.
D Llnn•ll Ichalmianl
Tru8tee
Dat•d'. 2D May 2024

CFI CHARITABLE TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trusteos. who are al80 the dlrector5 of CFI Ch8rtt8blo Trust for the PUfPO88 ol company law. are rssFon6ible for
preparlng the Trustees. Report and the flnancAal slalemonts In 8CeOTdance ￿th applICa￿e1•W and Unlted Kingdom
Aceountlng srandards IUnf(ed langdom G&nerallyA¢¢epted Accountthg Pr8cli¢el.
Comp8ny Law requires the Trustees to Pfepgre financial $18lement8 for eacl) fin#ndal yw whlch a tru• and
falr vlew ol the 3ts1e ol affairs of the Charity and of the incoming r￿OurCeS and applicgllon of resources. indudlng
the Income and exp•nditure, of ltre chgrilalAB company l(K that year.
In pTeparlng th880 flnancl818tatwent8. Ihè Tru8t9¢8 aro requiT¢d to..
- 8818Ct 8Lltsbl& accounllng pJlld•s and apply them ¢cffjsi8tenUy,
- Ob￿￿¢ the method8 and ylnclpl88 kn tho Ch¥rttie$ SORP.,
- mako judgements and 88￿MateS that •ro r•gsonable and prudant,.
Btate whethar APF4icablo UK A￿￿ntIng StAndard8 hAv8 bew followed, 8ubjoct lo any mat•rfAI dep•rtur*8
dl8doged and &xtAained In the flnandal $tst•m•nts; and
- Fwèparo tho financlal Jla1om8nlB on lh• golng ¢orwn ba8[$ un1•85 tt lo Inqpproprlote to pr•sumB thal Ihe Charoty
wlll oontlnug In operatk*n.
The Tru$le8¥ are responslble for keeping adequate 8ceountlng records that dlsclo88 ￿th rea8￿•blo •r%urecy at
any ilme the fin8n¢l81 positlon Df the Charity and enable Ihem lo ensure that the finan¢io1 staternerts comply ¥%th
Ihe Companies Act 2008. Th•y 8re also responsible lor safegu8fdlng the a$sots ol the Ch8rfty and herrK lor laklng
reasonable steps for thè pr•v•ntion and d&tectlon of fraud and other Irregul¥rsties.

CFI CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CFI CHARITABLE TRUST
I report to the Trust￿$ on my •xamin8tion of the financial 81alements of CFI charitab￿ Trust Ith8 Chafityl for th
year ended 31 December 2023.
RMpon¥lbllltlM and ba81s of Mport
As the Tnjslees of tho Charity {and 8180 rt$ dIr￿torS for the purposes of company lawl you are responsible lor thé
preparati￿ of IIE financia statements In 8ccordBrKè wlth Ihe requirements of the Companies Act 20C6 Ilhe 2006
Havlng sa118fied my$ell that thg Ilnanclal 8tatem8nts of the Charity are not req￿red to be aud1￿1 under Part 16 01
Ihe 2006 Acl 8nd are eliglble for independent examination. I report in rospe¢t of my examlngllcA) of th& Charity's
narKlal slaloments Carried oul under section 145 of the Charillos Acl 2011 {th0 2011 Acll, In Catyng out my
•xaminatKin I hav• feJlow•d all the •p￿ICabl9 Dlr8Ctlons glvan by Ih8 Chorlty Comml8sion und•r soctlon 1451Sllbl
oflha 2011 A(#.
Indepandènt •xamln•r'• •t•tsm•nt
Since the Charity's gross income excathd £250,or)O your •xamln•r MU￿ b• 8 rnember ol a body li81od In 88dSon
145 01 Ihe 2011 Act. I rmfirm that l am quallfled to undèrtake the examlnalh)n because l am a rnembtr ol The
InBtllule of CharteredAccountanl$ In Englanil ￿1*8, whl¢h Is one of the listed bodle$.
I havo complèted my examinallon. l ¢onflmi that no mattors have ¢￿￿e to rny attenuon In connectlon vhth th•
ex4mlnallon glving mè cause lo believe that in ony malerf81 re¥pecl'.
•ccounllng r8coTd8 w•r8 not k•pl In 188Frtt ofthe Charfty a• r8qulrnd by $8ction 388 of th• 20C¢ Act; or
the financlal 8tatementB do not accord ￿th those r8cord8', or
the ffinand818tat•mèn18 do not comply wilh the accounting requ1￿ments of Sectlon 398 91 Ihg 20C6 A¢t ottter
than any roqLlr8mgnl that th& accounts glve a truè and falr vlgw whKh Is not g maiter conildgrod as port of an
Independent examination,. or
the fin•na81 $lulemènls have not bo•n prepgr•d In accord8nca with Ihe meth¢xl8 and PTirKi￿es of the
Statement of Recommended Practlce for accountlrvJ and repothn9 by chgf*le6 apF4k8ble to charllb68
pr8pgrfng thelr a¢counts in acGordance wlth the Flnandal Roportlng Stsndard appllc*Jlo In lh• UK 8TrJ
R•publle of Ir•19nd IFRS 1021.
I have no concem8 And have come a¢ro8s fK¢ other matters In connectSon vAth the gx4mln8tlon lo whlch ottenlion
Should be drown In Ihl6 report In order lo enabl8 a proper und8rstanding of tha flnandal statements lo be rearhed.
Raeh•l Taylor FCA
Aculty Prolo88ionAI Partnership LLP
Fifth Fb
11 L•od&nho11 Street
L¢ndon
EC3V 1LP
Dato¢J'.
26.07.2024

CFI CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unro#trf¢t•d R•otrld•d
fund
2D23
Totsl Unmtrl¢tgd RostrlGt•d
fund•
fund$
2022
2022
Total
2023
2023
2022
N¢)ts•
Income from:
Donollons and legade8
Charftoble acti￿1￿5
Invejtrnents
345.45e
36,217
4,015
146,141
9.469
491,597
45,686
4,015
503.474
32.294
235
111,858
10,436
815,130
42,730
235
Totsl Incom•
385,688
155,810
541,298
536,003
122,092
658.095
Exp•ndltur• on:
Chwitable #d1￿11•*
387,e64
151,249
538,913
340,233
132,996
473,231
Not galn$ on
investments
12
60
118
N•t Incom•l(oxp•ndltuff•l
11,918)
4,361
2,445
195,886
(10.906)
184,9BO
Tron6f•r8
fund$
20
{9.794
9,7
M•t moY•m•nt In
fund8
1.9161
4,361
2,445
188,092
11,1121
184.980
Rocon¢lll•tlon olfund•:
Fund bglance8 at 1 JanuAry
2023
840,207
840.207
854,115
1,112
855.227
Fund b•lancM at 31
D•c•mb•r 2023
838,291
4,361
842.662
840,207
840.207
The 8tat•m8nt vffingnclal acN¥lU88 include8 all ga￿ end1088e8 r•cognls•d In year. All Irwme and expenthtu
derlve from wnllnuing activltTre8.

CFI CHARITABLE TRUST
STATEMENT OF FINANCIAL POSITION
ASAT31 DECEAIBER 2023
2023
2022
Not
Flx•d a88et•
Propety. plont and equlpment
Investrnent properleg
Investrnent8
13
14
15
110,897
200,000
130,440
115,137
5,120
441.337
120,257
Currnrbt u••t•
knv8nll￿es
Trade and 0th8r Te¢olvab
Cash at bank and In Mnd
10
17
4,703
33.883
383,419
4,822
240.627
483,482
421,805
728.931
Current Iloblllu
other paya￿e8
20,490
8.981
Not ￿rrent as￿18
401,315
719,950
Total *M•t* IM¥ ¢urr•nt Ilablllti
842.852
840.207
In¢om• fund•
R8sthcted fund8
20
4,361
Do￿gnated fund•'.
Rttervo fvnd
Managemant fund
D8valopm•nt lurrfj
BuSldlng and 8ecurMy fLThI
200.000
100.000
100,O)0
19.170
200,000
100,000
100,000
16.919
21
418.170
419.121
416,919
423,288
Genord urn8lNcted fiJnd8
838,291
840,207
842,652
840.207

CFI CHARITABLE TRUST
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023
The corryjany 18 entitl•d to the 8x•mption from the audlt requlfement c￿laIn8d in $8ction 477 of the CL¥m￿leS Act
20C6. for the year end9d 31 De¢8mb8r 2023.
The dkedoTS 8d(nowl8dge thetT r&spon81blllUes for complylng ￿￿th the requlr•ments of Iha Compan￿& Act 2006
th re¥p8cI to accounting reci)rd8 and the preparnkn of flnancla 8t&temgnt8.
The member8 havo not required th6 CA)mpany to r**taln an audlt of tt8 financl81 statemgn18 for the year In quests.on
In accwd8ncè vAih IOCtk￿ 478,
Theso flnanclal st#t8ments have boen Fryared in Accordance wtth prOvI￿on￿ appllcable lo companle8 8u¥or*
to h Small cornp•n188 r•glfflg.
Tho Iln•nd#l stat•m•nt8 W•ft Apprmd by Iho T￿￿888 on 20 Moy 2024
D Llnnell Ichalmianl
J Holbrook
Truit••
Comp•ny R•gl8tr•tlorb No. 04984516

CFI CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Not•¥
Cash Ilow• Irom operatlng actlvftl
Cash warated frrynllabwrbgd by)
opernlK￿￿
221.182
194,743)
Inves￿n9 actlvltl••
PurthaBe of property. pl4nt and equlpment
Purch88e of Inv8gtrnent Wovdty
Purthase olother 1Th￿stMents
Proc4ed8 dlsposal of other IrNestm•nlJ
Inveutmenl incom• rec•lv•d
11.2391
1200.CIXII
1128.7521
3,492
4.015
15291
236
Mot c•8h ￿ld In Inv•¥tlng •ctMtI
1321,2461
{1,5331
Not d•cr•a•• In cmh •nd ¢•Bh •qulv•l•nt•
1100.0831
196.2781
Cosh and cash equfvalents at beglnnlrvj ofy•gr
483.482
579.7S8
Ca•h •nd ca•h •qulv•l•nt• ￿ •nd of y•ir
383,419
483.482

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcl•s
Company Infomiatlon
CFI Charitsble Trust Is J pr6vale Djmpany Ilmrtèd by guarnnlee In¢oryJoTalod in Erglar￿ and Wal88. The
r8gSstered offlcolg Chantry House, 22 Upperton Road, Easlboume. East gJ680x, BN21 18F.
1.1 ACcoUn￿n9 conv•ntlon
Thtr flnand81 slaloments have been prepared In accordan¢e wth Charfly'$ Momorandum and Artlcles of
A8sociabon.
the Companies Act 2006 8nd 'AccounUng and Reportino by Charilles.. Slalemertt of
Re¢ornrnended Pracuce applicable lo ch8rille$ preparlng theif ac¢ounts In 8¢cord8n¢8 wilh th• Financl81
Reportlng Stsndard applicable in the UK and Republic of Ire￿￿rt IFRS 1021 {¥ffeclive 1 January 20191" Thg
Charfty is a Publlc Bengflt Enlily as d8fined by FRS 102.
Thè flnondal statements ar• P￿P￿ed In 8¢orllng, %thlch 18 th• (uncoonal currency of the Charlty. Mon•l8ry
omolnts in the88 finar￿￿11 8tal8m&nts are rourKlèd to tha n•41￿t £.
Tho ffinan¢lAI stgtsment8 have b*•n propared und•r the hlslorical co•1 ¢orwentlon. The prlndpal accounting
palld88 adoptsd gre Dot out boltyw.
1.2 Golng conc•rn
At the Ilme ol appiovlng the financial 518lemenls, the Trustees have a reasonable expectallon that Chgrity
has 8¢Jgquale r¢sources to Con￿nUe In operational oxlslen¢¥ for the loraseeable future. Thu8 the TrusleeB
conllnue lo adopt thè golnG conGem ba$1$ of #ccountlng In preportng the finan¢l•l 81*8mont6.
1.3 Charltsbl• lund•
UnrestriGtèd fund8 avalljble for at th• dloryetlon of the In ftwtheran¢8 of Imlr chorltabl•
obledives.
RestrSct8d fund$ are monles recelved for swcffic PLffPO8•1 laid down by the donor. ExpenOitw• knthich meets
the5& re8trfcted funds crlleri8 18 charged to the fund.
1A Income
Income 18 recognl¥ed vknen the Ch8rlty is legally entitled lo rt after ony perfomanc• condillons hava been
mot, th8 Amounts can ￿ m￿SUred reliably. and11 Is prthblg th81 In￿Me wlll b8 rgceW.
C8th donallonB arè r8cognl8eE1 on receipt. Other donatlons are re¢ogni8ed onc8 the Charlty h98 been not{f￿d
of the donauon, unless perfomiance condltlons r•quire deferral of th¢ amount. Income lax recov¢rabl8 In
relatlon to donallon$ received under Grft or deeds of covenant 18 Includod In Ihe thJn8tlon to whlch It
ralates to and l¥ r¢¢ognised at Ilme of the donation.
Income from ch8rkable xtivlll8s 18 recognlsed when the rf6kB and rwards hgva been transferred tr) the
purth?¥gr of ser￿ceS Cf products. It18 Stated net ofVAT, rf any.
Legacies 8re re¢ognlsed on reeelpt or other￿lse Ilthe Ch￿ty h8$ been notthed of an Impandlng d161diwtlon,
the 8mounl ig known, and recolpt is expected.
10-

CFI CHARITA8LE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A￿o￿ntIng pollcles
IConllnu•dl
1.5 Exp•ndltur•
All expendlture Is acc4)unled for ￿ Bn 8ccruals basi8 and ha$ been Included under èxpensè e8tegorl8S that
agg￿gate all costs for 8llocaUM to 8clivilies. Whgr8 costs cannot b& dlreclly attributed to parttrJJlar actlvlties
they have been allocalod on a baals eon8lstenl with th& us& of Ihe resources.
charit0￿& ￿$1$ are allocalad befvmen th& calegorfes of dlrect ¢harft&blo expendSlure and support cosls, suth
as admlnlstratton, In accordan&8 wlh the n91urg of the ¢0818. Govemance CO&t8 are those Incurred in the
overbll g0veMan￿ ofthè charfty ath1 comF4iAne• vjllh constilullon81 #nd 8tatutory r•qulrem8nt8.
No arno￿1$ InclLxIBd for 8èrvlce8 provtd8d by volun￿18.
1A Proporty. plint Ind oqulpm•nt
Property, plant and equiprnenl are Inltlally measuTe(l at C081 and wb8oquent5y m•a8ur8d al cost or vduglic4),
nat ol depfg¢iatlon and any impairment ID8898.
Dèpr•clallon IB Tecognlsed $0 os to wrlte off the ¢081 or valuauon of 488•t$ I•￿theIr resldual values over Ihelr
useful lives on the folloYAng ba$iB'.
Land bulldlng8
Fixiuro8, frttfngB and equlprnent
2% stra￿ht Iln• on ￿lIttIng$
25% on a stralghl Ilne bB¥iS
Fre8hofd l•nd l• rbot depr•clated.
The galn or 10$9 arising on the diBPDs81 01 8n asset Is determlned aB th8 d1fferen￿ botmmn th• £ale
proceed$ and the carying value ol the asset. and 1$ r&wgnl8ed In the 918temenl of financ481 adivf(ies.
FlxadA88•t addillon8 bolow £250 are not caFltalised.
1.7 Inv•Btm•nt propÈrtl¢•
Invgllmont property, ¥thlch 18 propèrty held to eam Tentalg andlor for capll81 8ppr8clalion, 13 Inlllally
recogn16ed at COBt. vthlch Includ￿ tho purchasè rLsyt and any dir•ctly gttrfbu18ble expenditure. Subwuenly
11 18 measured at falr valu• at tho reportlng erKI d8te. The 8urplu8 or delkm on revaluatlon 19 recowlsad In
or10s3.
1.8 NoTrcurr•nt InY••tm•nts
FIKed 888et Investments are In￿181￿ me88ured èt Ifansadon price gx¢ludlng traneacllon costs. and are
subsequenuy measured at falr valu9 ¥1 ct¥th reporting dale. Changes In foir valu• ara recogni8ed in nèt
incomellexpenditurel for the year. Trgn8gcYon ¢¢818 are expensed as incurred.
1.9 lrnpalrnient of non<ufftnt assets
At pach re￿ling end date, the Charlty revlews the carrying aMO￿t$ of h8 tsnglble asBe18 to dBtermlne
wheth8T th8ie is any indlcation that thosts a58et6 have suffered an Impalrment loss. N any Such indrallon
ex19ts. the recoverable amount of ass•l18 *51imat¢d in order to delermlng tho extgnt of the Impaimient
1089 Irf any).
1.10 Invontorf
Stock8 of woduct ar• valu•d 8t cost le8B provision for slow movlng and ob$ol•tt itoms.
1.11 Ca•h and ci*h •qulval•ntJ
C88h and cash equlval¥nls Includ• cash in hand, deposits h8ld 8t call wtth bank$, other short-teim liquid
invastmen18 With original maturities of three months or less, and bank overdrafts. Bank ovèrdrafts arè shown
within borr0v￿g5 in WTenl liab￿rtIeS.

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollGle•
Icontlnuedl
1.12 Flnanclal In8trum•nts
Tho Ch8rlty has elected to apply Ihe proVI￿on8 of Sedlon 11 'Basic Flmncial Instruments. and Sectlon 12
'Olher Flnancl?I Instrum￿19155u0￿, of FRS 102 to all of rt8 finandal In8trumenl$.
FinancAal in8truments are re￿gni9•d In the Ch8rfty$ balanca $h¢gt th8 Charmy ts￿)me5 party to th8
cDnlr8ctual wovi8ions of the Instrument.
Financlal &8se15 8nd Ilabi1111ts3 8re offset, wlth the nèl amounts pr&$$nl8d In the financlal statsm*nl$. when
there is 8 18981ty enlorceable rlght to 6et off the recoynised amounts 8nd Ihore 18 an intention to setue on
nel b8818 or lo r¢8lise the asset and Bdde thg liabllhy 8lmulton8oLboIy.
Baslc flnan¢lal assets
Ba$1¢ financial assots, whlch Indude trade and other receivabl¢$ and cash and bank balances, aro InM8lly
meg8ur8d •t transacbon PTI¢8 Includlng transaction costs and are 8ub8equenUy earrled 81 amortlsed Cost
using th• •ffèctive inleresl method unless the 8rrangem•nt constitutes a finanryng transactlon. Whe￿ the
Iransaclon 1$ measured at Ihe presenl valuo ol the future recolpts dls¢ounted at 8 market rato ol httsrest.
Fln¥n¢ial assgt8 cla88ffied 98 recelvoWe wilhKI ono yaar are not amorf8•d.
a•slc )In•nckl Il•bllltl•s
Bas1¢ financlal liabllllle8, Indudlng Iradtr and othèr payables and bank loans are Initially re￿9￿1$ed 81
Iransaclion pri¢& unless the 8irangem•nl constitute$ a finJndng transadon. where tha debt In$¢iument Is
measured al Ihe present value ol the future p8ymen18 dl¥¢ounled al a market r•t• of Inlerejt. Flnonclal
li4billties cla88ified •$ pey8￿* Wihln ono year arg not amth88d.
Debt instrLwn8nts are $￿￿u•nI1Y cBrriod gt 8mortlB•d cost, uslng the effedva Interest r•te meth&J.
Tr8d& payables arè obllg8tion8 lo pay for goods or Sgrvlces that have been gcquired in th& ordlnary course of
op&r8tion8 from suppliers. Amounts p8yabl¢ are clas$lfied as current 118blllll8s ff payment Is du¥ within ong
year or less. If not, they are presented as non.curr•nt Ilabilllies. Trad& payables are recogn1￿d InStlally at
transaction pric• and subsequently measured al arnortlsed cost using the effectlve Interest rnelhod.
Der•cognllion olfln•ncl•l Ilabillu
Financial liabilits•$ oro derewnised when the Charity'g contractual obligallons OXFire or ore d18charged or
Ca￿lIad.
1.13 Employm b•n￿￿ts
The ¢osl of any unused holld•y •nllllwnent 18 racognlsed in the ￿1)d kn whith lh• ernploy¥¢'$ 8ervi¢8s arè
received.
Temlnatlon beneflts 8re recognls8d Imrnedlably as an exp•nse when the Charfty Is demnstratAy commthd
to lermlnate the employment of an eM￿0Ye8 or to provide tsmiln8tion benefit8.
1.14 Retlromènt b•neflt¥
From 1 Janu8ry 2016 the Charity sel a penslon scheme for all employees with Natu)al Employmènt
Sawngs TNSI INEST)- Contrlbutlws payable ar* chargèd In the Gentral fund in the yearthey are pay9￿0.
1.16 Taxatlr>n
In the o￿nIon of the Trust¥8s. th& Charity IB not sublecl to Unrted Kingdom corporation tsx on Its income.
The charity 15 registered for VAT and accjunts for VAT w Its standard ral$d supplie8. Irtecover¥bl• VAT. Ir
any, is included In the cost of the expense it relates lo and is charged as a cost when incurred.
12-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Critlcal •¢counllng •stlmatss •nd ludg¢ments
In Ihe application ol th• Chatity's accounting polici88, the Trustees are requlred lo m8k¢ ludgernents.
e5￿M￿leS A￿1 assumptlons about tha carylng amount of as¥st$ artrj liabilllies that a￿ n¢t readlly apparènt
from other sourc85. The estfjmgt•s end assocAated assump1￿￿8 are based on hlstorical eyperlenca and oth
factors that ore Con￿￿er￿a lo bo rd•vant. Actual resuhs may drffer froryt Ih&se astlm8tes.
The 8slmat•s and und•rfyinu H$8umption8 ar8 rovi•wed on an ong01ry ba618. Revlslons to 8ccounlng
eslimatgs gre reccpjnlsed the ptriod In vthich the estimate 1$ TevI3ed where the rewBion affects C￿lY that
peiw)d, or in the perfod of tha ravi￿On and ftrture pertods vthwe the r•vl8knn £ffects bolh cuffgnt fuiuro
perlods.
Funds
G•n•r•l Fund 1unrnitrlct￿l
Th18 overs•o8 the day lo day operation8 of Ihe Chorfty.
D•slgnat•d Fwnd•
Ruservo fund
Thls r8pra5enl$ fvnd8 Put asld• 88 a geneTal reserve in Kcordgnc• wlth b&81 practi￿.
Where Most Neod￿1￿ Gen•r•l
Thls fund represents spec¢fic glft$ glv•n to th• Charity lo ba used by th8 TtUgt•e$ •1 th•lr dlscr•tion lor
Bpeclfi¢ needy are88 of the ganeral fund. Sums glvtn to th• Ch•rfty to be dlsburs•d wh•r• neetsd or
Iransfefred to Ihe Genaral Fund to cover 0￿ratir￿j ￿$t8.
Chang• M*n•g•m•nt lund
Th18 lund reprèstrnli mmey 8•1 a8kl• from lego¢I•s to prowde resources lo covar th¢ ¢osts oflulur• ¢hgngg8,
D•velopmen¢ lund
Th1$ fLmd rep￿8￿ntS money 8el aslde from *ad•8 lo provide r•sourc08 to dwetop our wob￿1610￿COmm¥rc•l
datab88è and for sc¢i81 med18 expanslon.
Bulldlng and S•curlty luftd
Th18 lund ￿pr￿a•ntS mcfjey 8et ailae for an upgrodo lo Iho pr•ml6•8 and seurrity.
Rostrlct•d Funds
Soclal•nd Hum•nnarlan fund
This lund irKorporate8 monles lor $odal and humanltarSan causK malnty In Iwagl but 0160 Sn othw port8 of
tt)e world. 11 Is made up of..
CFI Jerusalem IA ￿parAt0 charlty. or amuta, in18r8811.
Non-CFI Jerusalem (VArtOU8 pmlects Indudlng Wh•r• most nooded in 18ra811.
Conferences and Tours
Th1$ fund encornp855es the varfous prayer and •ducational conferen￿$ of CFI and tOLXS lo l$ra•l and 1$
regarde(l a$ restricted. Offerings taken at th8 eonferenc85 are utili5ed to cover th8 COSt& At the d￿retIon of
the Trusle•s surplusldefityt can te Cove￿ by a tran$hr lorfrorn the Genoral f￿d.
13-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
InGom• frnm don•tlon• and l•ycl
Unr••trlcted R•strlcted
fuDd•
fund8
2023
2023
Total Unre•trtct•d Re•irlct•d
fund•
funds
2022
2022
Total
2023
2022
Donations and glfts
L•gacAe4 rec•ivable
288,818
76,638
148,141
414.9S9
76,838
234.237
269,237
111,85e
345,893
269,237
345,456
146,141
491,597
503.474
111,658
815.130
CharltAbl• •ctlvltl•s
2023
2022
Cour888. corrfor•nt%$ and tour8
Producl Ja1•8 and l•e8
Chothble rentAI Income
10.438
32,294
35,117
1.100
45.688
42.730
An•lyJfjB by fund
Unrestrlct&J fund8
R•Btrfctod furKI•
36,217
9.469
32.294
10.438
45,688
42.730
Incom? from In¥••tffl•nts
Unmtrlct•d UnrMlrfct•d
fund•
fund¥
2023
2022
InlorB6t recelvabl•
4,015
235
14-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Ch•ritable actl¥ltlo8
2023
20
Stsff co
Product costs ladlusted fc¢ 8tockl
Conleren¢e8 and tours
Prknlin9. POSt8g• and 8181tonery
Communicallon and conlrlbutors
Ethcation and promotk*nal events
Advoca
Tralnlng, meèungs Ind ho8pttg1ty
222,448
21,430
14,847
41,886
7,958
13.848
1,450
1.202
193,578
17,955
15.646
40,139
9,978
13,277
3,234
539
324.867
294.346
rantfundlng of •thNleB Ise8 note 81
138,802
117.352
Shgr• of •upport cots (Me noto 91
s￿Te of gov•manc* o)818 Iw note 91
53,7(k8
23.738
43,414
18,119
538.913
473,231
Anity•h by fvnd
Unrethcted lundB
Re8trlcled furKI•
387,064
151,249
340,233
132,998
538.913
473,231
Gr•nt¥ p•yabl•
2023
2022
Grants to lThslltutlon¥:
CFI J8ru8alem Pr￿￿$
Man-CFI Prol8d8
Other
112,681
23,791
130
90,634
26,088
630
136.602
117.352
15-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
8upport co•ts illoc•ted to •ctlvlt59¥
Charltsbl•
•ct5vli￿￿
2023
Tot•1
2022
Dapreci•Jc
Pr8mls8s costs oifice arKI north e88t offK•)
Offico equipment, Bofthrg and conwm8ble8
rr and consultants
TT8v81 and accommod•tton
8cell8n80U8
4,240
30,724
6,029
7,651
4.230
832
23.738
8,150
18.077
5.340
8,982
5,773
1,112
18.119
77,444
81,533
2023
2022
Gov•rn•nc• C￿t• COrnPTI••:
A(xounl•ncy feèl
Indewndenl examlnation f•••
Bank and finance ¢h•rg
808rd expen￿*
Le9al fees
12,150
1,312
5,496
1,294
3,486
10,712
1,225
4,938
1,248
23,738
18,119
10 Tru•t•
No reMUnern￿On 18 p8ld lo the Trustees. Re•Kfflable trn￿l, 8ccomm¢)dthn and e>pen6•8 wer•
relrnbur8ed of £1,29412022.. £1,248).
11 Empwo••
Thè averag& monlhly number ol fvll p4rt ￿m* emF4oytts durfng tha y•#r was".
2013
Numb•r
2022
Numb•r
Direct chgrftable
Admlnistrallon
Totsl
10
18-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Enwloy••A
IConllnu•d
Employment co*t•
2023
2022
Wages and 18¢arle8
Sodal 8•curlty co8t8
othor pen8lon
205,697
11.188
5,563
178.793
9.928
4,857
222,448
193.578
Thore w2rn nts •M￿0yee¥ tho•e annuol r•muner•tlon mora than £80.WO.
R•fflun•r•Uon of k•y m•nag•m•nt p•v•onn•l
The i¢munorath￿ of kay rnanogement pw8onnel {IrKludlrrd empbyerf8 nBllonal In8urnnc• and ￿n￿on
¢ortributton8118 A8 follows.
2023
2022
Aggr•J•ts Compan￿Ofi
48,191
44,855
12 Not galn•l{lo•M•l on Inv••tm•nts
Unrn•trlct•d Unr•strlct•d
fvnd•
fund•
2023
2022
18rael Bond accru•d Intorn•t
80
118
17-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Propgrty, plant and •qulpmtnt
L*nd and
Flthr88.
bulldlry I1ttln￿ and
•qulpm•nt
Totsl
Co•t
At l January 2023
191.407
19,408
210,81 S
Al 31 Dec•rnber 2023
191,407
19.408
210,815
D•pr•clatlon and Iffi￿1￿•￿
At 1 January 2023
Dewa¢k￿On charg•d In year
78,124
3,300
17.554
95,878
4.240
Al 31 DeGomb•r 2023
81,424
18,494
99,918
C•rrylng •mo￿nI
At 31 D￿rnt￿r 2023
109,983
914
110,897
At 31 O•C•m￿r 2022
113.283
1.854
116.137
14 Inv••tm•rt prop•rty
2023
Falr valu•
At l January 2023
AddIt￿n8 through legacy at probatè Wa￿8
200,000
At 31 Oe¢ember 2023
200.000
Investment propo
Charlly who 1$ a,
compd8e8 39 Mount Gould Road, Plymouth, Devon PL4 7PT. Th• chlel ox•¢utive of th
harte1￿ Surveyor considers Ihi$ to b• a value.
15 Flx•d •¥i•t Investments
IJro91 Bond•
Coot orvaluatlo
At 1 J8nuwy 2023
Addllons
Intere818ccru8d
Dl8po¥gLs
5,120
128.752
60
13,492)
At 31 Oecembor 2023
130,440
Carrylng amount
At 31 Oecembar 2023
130.440
At 31 Decwnb•r 2022
5,120
18-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
16 Flx•d uget lThv•gtments
IConllnu•d)
16 Inv•ntorl••
2023
2022
Proauds for ule
4,703
4,822
Stock r•prg8•Ats books, laudki) CO8 Bnd Ivld601 DVDS arKI oth•r related prodwtj.
17 Trad• •nd oth•r r•G•fvabl
2023
202Z
Amount• f•lllng wlthln on• ymr:
Trnde rec•lvabkn8
Legfiaes du•
VAT And GIftAld rKov•rable
Pr•paym8ntB and accrued Incom•
2,115
219,000
14,173
5,339
22,580
11,103
33.683
240,627
18 oth•r cr•dltorn falllnq du• wlthln ono ymr
2023
2022
Trad• payable8
A¢uu•l8 and deferre¢l inc<¥n•
4,699
15.591
2,189
e.792
20.490
8.981
19 R8llr•ment ￿￿offt •ch¢mo•
D￿1n•￿ contrlbutlon $chom•#
The ch*rge to $tstefflent of flnanclll actlvtde8 In respect of definad contributk)n Schem￿ wos £5,58312022-
£4,857).
No Conlrbulbns were out8tandlro a￿1 du• to the penslon ffiJnd at the ènd of Ihé year {2022- £nill.
19-

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
R••trlctsd fvnd
Th& resM¢tsd funds of the charity com￿$￿ the fftexp8nd8d b818nc06 of dc4Wtion8 ¥KI grants hold on twst
Sub￿ to spedfic ¢ondrtiOll8 by donor8 88 to how Ihgy may be usad.
Incoml
r••ourc
At 1 January
2023
R•8ouv¢••
•xpendod
Trnn•f•rs
At31
D•c•mb•r
2023
Sodal 8nd Humanltkn Fund
Conf¥renc88 and Tour8
136,802
19.008
1136.802)
{14,8471
4.361
155,610
1161,249)
4,381
Provlou• y••r:
At l January
lficomlng
RMoyrc••
2022 r••ovre•g •xp•nd
Tr*n8f•rn
At31
D•c•mb•r
2022
S¢)d•l and Humanttarl•n Fund
Corrf•forKo8 Tovr8
111,858
10,438
1117.362)
(16,646)
5,8
4,098
1,112
122.092
(132,988)
9.794
The bolance on th• Conference and Tows fvnd al tho end of 2023 IB lo b• c8rrbed fryward to Off￿ ¢osth In
2024.
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CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DEGEMBER 2023
22 Analy•hb irf net b•I￿n
Unrnstrlct•d R¢•irteted
funds
Totsl Unrestrlcted Restrict•d
& Designated
fund8
funds
Totsl
D￿1gnatod
fund•
2023
2023
2023
2022
2022
2022
Fund bo1grKo8 are rnPT8venlad by..
Propeffji, pkqnt orKI
equlpm•nl
Investment prop•rtl
Investments
Currènt a￿￿t￿OI?￿lI11101I
110,897
200,000
130,440
396,754
110,897
200.0
130,440
401,315
115,137
115.137
0.120
719,950
5,120
719,950
4.581
838,091
4.681
842,862
840,207
840,207
23 Op•rntlng l•au ¢ommltm•nts
At th• rep¢Jting end dale thè Chgrity had oul$t8n(Jlng ￿mmItment& lor fulur• mlnlmurn ￿880 p•yment8 undor
nOn-￿n¢918b1• operallng lea$o8, which lall dua 08 follows..
2023
2022
Wlhln ong year
8ets¥•en and fv• y?grq
3,000
750
3,000
3.750
3.750
8,750
24 R•latsd party tr•n••ctlon•
rr•n8actlon• T•Ath rnlat•d p•rtl•8
During the ￿ar the Ch8rity entered Into tho following transadons wtth re18ted partk*.'
A¢¢ount*n¢y $•rvke8
2023
2022
Other related p8rlles
12,150
10,712
12,150
10,712
Th• Charity •rvJ8ged Caladlne Ltd to provide accoundng support to tho Trugts•s. Cal8¢Jlne Ltd18 a eempw
conlrollod by John Caladlne, who Serves the Ch8rity as Comp8ny Se¢reiw. Delall$ of paid to Caladine
Lid are shown in tho table abtsve.

CFI CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
24 Relatod party trnnuctlon8
IContlnu•d)
Thts total arnounl of donalon$ vAthout condillws r￿N•d from th• Truste￿ durin9 th8 yo¥ was £4,840
12022.. £2.9401.
26 Cash g•n•ratsd frorn op•ratloM
2023
2022
Suwus for th• yow
184.980
Adlu8tmenl• for..
In￿tment income T￿OgnIS￿d In 8t8t•m•nt offfinanclal 8G11￿M•S
Fgir Val￿ galn8 and1088e8 on inve81ment8
Depredotiw and impalmi•rt of prowrty, pLqnt •nd •quSpnent
14,016)
80)
4.240
12351
11161
6,150
Mov6monts In worklng ￿Pital.
De¢re88elllncrta8•1 In Inv•nlorf•s
Decreg89lllncre480) In trade and othw fecefv4ble6
1nrr•a8trllde￿ofi9ol In trade and othor payables
119
206.944
11,509
1306}
1211,1001
174,1161
Cuh g•n•rniod fromll•b•ort)•d tyl op•r•tlon¥
221,182
(94,743)
An*ly•lJ of ¢hang•J In n•t lund•
The Charlty had no malorl•l debt durkng th• yoar,
27 Momborn lthbllttl
CFI Charltable Truet Is a company IlmKed by guarantstr and ha8 no •hare cap￿8[. Undef the terns d th•
memorandum of 88socl815on ev•ry membor is Ilable lo contribute a sum nol excee(*ng £1 In the event of the
company belng wound up dudng Ihe ilrn¢ he or she is a member or cffle year Ihereafter. Al 31 December 2023
th8r• V•we 4 mambers (2022.. 4 momb8rsl.
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