CANAAN TRUST {A Company Llrnlt¢d by GuArantee) UNAVDITED REPORT AND FINANCIAL STAI"EMENTS for the Year Ended 30 SePt¢ber 2025 Chgrity Number 1105657 Company Number 05169595
CanA#n Trust {A Company Llmlted by Gu•ras)fet) Report of th¢ Trtsstee5 for the Y¢•r Ended 30 September 2025 The Tryst¢es are pleased to present their annual Director's Report logether With the financial statements of the charity for the year ended 30 September 2025 whi¢h are also prepared to meei th¢ requirements for a Dir¢ctor's Report ld accounts for Cotnpani¢s Act purposes. The financi&l statements co¥nply with the Charitirs Act 2011, the Compani¢s Aci 2006, the Meimorandum and Arti¢les of Association. and A¢countin8 and Rcpoiting by chatles= Statement of Recommended Practice applicabl¢ to charitÈes preparing their accounts in atcordan¢e with the Financial Reporting Standard in the UK and Republic of Ir¢l8nd IFRS102} (effective l Jattuary 2019). Chslrs. Rc T]Iis is OUT first Annual Repon following being elect¢d as Joint Chair of Canaan Trust in Febrnary 2025. Being Cliair of Canaan Trusi is an honour and a Challenging adventurc. We are grateful lo tsur fellow Èru51ecs for thcir faith in u5 Stepping up lo the job. and for tlieir collective dedication io es]sure sound govemaiice for the TTUSI. We also cxtend a personal thank you to Kevin Curtis, Projert Manager. for his unswerving passion provide tbe best support to thos¢ who are homel¢ss OT at risk of homel¢ssness, and for cnsuring that we ss trust¢¢s und¢rstand the day lo day dllenge8 and workings of Ihe servi¢¢. This has been anot]ier busy year for Canaan Tn1. Most noiably it's been the 30 anniversary of the Tntsr and we have opeiied the newly refurbished Aspire House, io provide support alld housing for homeless women in our ¢OTnmunity. We Iiave ¢iDbedded ncw 5ub-cominittees within our governance arrangements, implemenwd the Testructuring of 5taffJng and r¢¢wired new staff for our expanded operations. None of this has distracted from the ongoing work whtl? residents 2nd those in ihe community necding our suppon. As ever our staff have Worked tir¢l¢ssly to overcome die ch2llcnges they encounter durittg each workin¥ duy. Canaan is bltssed with a dedicated team of staff and woluntrrs, wliose passion for l&cklin8 liomelessness and love for people holds sirong every day and who will always go the extta mile where they See need, disadvantage or trtjustice. Qu2te simply, they are an inspiration io us. As ¢v¢r the Trust is enonnously 8rnt¢ful for the backing of locd businesses who give generously io support our work. We 21so re¢ogni5c and 8ive thanks to otjr small ariny of volunteers whose awesome r¢liabi1sty is truly hunibling. Wh¢rher organising food parccls. Inoving fvrnittjre, Tattling collection buckets or coverinB the Catta3n Trust stall at local events we can always r¢ly on someone turntn8 UP to help out. For Canaan Trust the year could not go by w5thoul a hardy band of volunteers braving a cool April nixht on the $tr¢et at our annua] Sle¢p Out. Th3nk you one and all. you ar¢ amaring. Activities Thc objectivc5 of the charity are the relicf of poverty, the advancement of cducation and the provision of 8 plonn pro8ramm¢ of high quality hou5in8 related seivi¢¢s.
Trnst (A Company Llmlttd by Cusrantee) Report of the Tru5tces for th¢ Year Ended 30 September 2025- CuRtlnued Achievement d Performanet Aspire House Canaan Trust has long supported wormen within the lo1 ¢ommunity. In 2025, th¢ Trust's vision to provide a home for homel¢ss women finally became & rcality. On a warni sumnier's day, Slaff. volunteers and Dusi¢es past and present gathered together in the garden alongside lo¢ dignitaries to ¢¢lebrote the OP}ing of Aspire House. The house was forn)ally op¢ned by Elizabeth Foihergill, Lord Lieutenant of Derbyshire. on 12 July 2025 in the pre5eiice of Adan) Thompson MP and Tepresentattyes of Erewash Borough Council. Derbyshirc County Council. Broxiowe Borough Council. Representatives of orga]ii5ations and local businesses thai liad pro&'id¢d funds and odicr support for lh¢ projeet wcre also Present. Thank you 10 all who attended our opening event. Tliank you to the bustnesses, Irust funds and Èndividual donors who made OUT V15ion a reality. Whether you have been a mmjor player or a small donor, your contribution niatt¢rs and homeless women are DOW being supponed iti Eiewash because you stepped in where ir matters. Su1coMlItt¢¢S Much atlention grabbin8 bllt hugely important to the smooth running of the organisaiioo. is tbe embedding of the sub- committee Structure as part of the govetnance of the charity. As Canaan TTUSt has grown and become more complex so have the re5]x)nsrbilities of trustees. Last y¢ar we ¢reated sub- committee5 to lead on Finatjce. HR and Buildings & Maintenance. Each now fceds into and infornis the work of the Trustee Board. These sub-committees are largely Tnad¢ up of trustees with individval st2tY¢ontributing their spccific insight and ¢xpertis¢ where nceded. The dcvelopmcnt of sub-committees lias brought irustce5 and staff into greater coniacl and has the benefit of increasing the understanding of governance, management 2nd day to day op¢rations across the or8anisation. FuRdrai3ing Alongside Ihe work of our Project Manager and Fundtaising Consultant. the Trust also has a fuDdrnising ¢oni]nitiee to coordinate communiiy fvndraising events 2nd activiiies. The gTtsUP is made up of Iruslees, statrand voluni¢ers who over iht past ye2r have ¢on¢inued tu put on a range of events LD the local community which act to T8i8e zwaT¢ness of the Tru51's work as well as rats¢ valuable funds to support th¢ work. Events include a very success] Curry & Qui7. nigl)l and a JO ye2r anniversary tafflE, cake stalls 2nd smaller &¢ale events. The 8roup is currently considering how we might tar8el different audien¢¢s and age profTles for our tr)re activity. Staffrestrlleture The development of Aspire House has quite naturally led to a Teview of and changes to our staffllJg styucture. The Tnjst now operates with Servi¢e Managers for the rnale ld female setvices and a dedicated support staff alongside each SeTYice Manager. RecNiiment has been a major feature during the year and we have welcomed new Support WorkeT5 to forni the team in Aspire House. As the year came to a close w¢ WLre aware that we would soon be saying goodbye (but not} to Kat¢ Bassford. Kate has served the Trust for many years as Assistant Manager and more i¢¢¢ntly leadiE)g the new staff t¢am in Aspir¢ House. We say 'but not. as Kate will Continue a5 a volunteer on our fvndratsing tommittee and on our bank staff to piovide cover when neeiled.. such is her commitment to Callaan Tn. We say a huge thank you to Kate asid wish her well in her'retirement,. Day to day l ongolng work niroughoyt the ye&r our teain of staff 8nd volunteer5 have Worked ceas¢lessly to malntain business as usual in SUprting botli residents and non-resid¢nis. This work includes providing help 2nd support with matters relaisn8 to housithB and hom¢lessne55, iRsecure accommodalion, benefKts, debt and food pov¢rty, includin¥ the provision of food, toil¢tries. hy8ienc packs, warm Lloihing. sleepiijg bags and fuTlliture/wliilc goods.
Can##n Trust (A Company Llmited by Gu8rgntee) Trustees, Report for the Y¢8r Ended 30 Septtmbcr 2025- Colltlthutd Public Benefit Our charitable aetivilies focus not jst on the street homeless but a150 the'hidden homelrss" who may be sofa surfin¥ with friends and those threatened with hornelessness for whatever reason. Thos¢ who ar¢ rcferred to us by local authorilies oftert have a number of issues su¥h as a Iiistory of alcoholldrug Abuse. offending. learning difficulties. low s¢lf estecm. These issues are addressed by providing Individual pimigr8mmes of support. including wunselling, artd e(Sucution on a wide range of life skills to quip the ¢lietJts for iftdependent living as well as support in dealing with exten)al agerjcies. Those tn the Community who arriv¢ at OUT door often need short temi help and advice lo overcome a specifi¢ issue. The Trnst seek5 to embed fair access, fail exit, diversity aDd inclusion within the culture and perf0mnce of its service. All ality hnd divcrsity poltcies and pro¢edurE5 are designed to proactively fulfil the requirements of ihe Current legislation. Equal resS u) our s¢rvices is an important issue for us. We havc a const8nt monitoring pm¢ess to ensure cntry lo the pwjecl is not discrimtnaiory by disability. religious belief or sexual orientation. The trustees ¢onfJrn) that they have ¢ompli¢d wsth their duties under s¢ction 17 of the 2011 Charities Act with r¢gard to Public Benefit. Flnanei&l R¢vlew Please Thote that rhe ¢omparative year ending 30 Septenjber 2024 was for 8n 18 monih. txtrnded period. Tlie attached financial statemcnts show the cJttent State of the finances. The company had incomingr resources durin¥ the y¢ar of £574,658. Tlic company'5 revenue res¢rve uni"estriLted filnd balan¢e is a surplus of £1.627,893 at 30 Sept¢mber 2025 which is substantially held as property. The company's unre$tri¢ted surplus for the period totalled £312,523. Tbe princip funding sour¢¢s of rental income from Housing Bcnefit, together with do]Jations bav¢ been used to supJK>rt the key objectives in achieving the performance as d¢s¢ribed above. Investment Powers of Trust To invest trust money in the purchase of or at int¢re51 on the Security of such stocks funds shar¢s SECUTitits or other investsn¢nis or propeTty of whatev¢r na¢ur¢ and whercver situatcd a5 the Truste¢s in their absolute discretion think fit lo the intent thai the Trustees shall have the same full and unrestricted powers of investing aT ts%nsposing inyestmcnts as if th¢y were beneficiktlly entitl¢d to the Trnst Fund. Grant Making Pollcy At the discretion ofthe btsd of Tru5tee4 they may from lime to time nMke donations to other charitie5 which have the same objectives a5 the Trnsi. Fundr8islng Activities A variety uf a¢tivslies take place io raise fund5 for the Charity. All of ihesc fund5 are used for charitable purposes. The Irustees are grateful for all help offered during the year a voluntary basis.
Trust (A Comp#by Umlted by GuArAnteel Trust¢es' Report for th¢ Y¢gr Ended 30 September 2025- Contlnutd Res¢rvcs Policy As at 30 September 2025 the funds of the Tn]st were £1.667.30812024.. £1,694,742) a substantial aniount of ti)is being repres¢nied by fjxed asset& The Trust segregates its fund5 between those il)at aTe Testricted and those ihat are unrc5tricted. General fllnds represent the accumulat sulUS on unrestri¢t¢d inrotne and expenditur¢ and are available for use at the dir¢tIOn of the Board in pursuing the gertoxl ch&ritsbl¢ objectÈve$ of the charity. The Directors have &dopted a r¢serves policy that unrestricted funds held in the g¢neral should cover 3 months nmning costs. Designated fund5 ar¢ fiRnds that have been Set aside by the Board for a specifle purpos¢. In 2021122 a desIaled fund wa$ esiablished for the expansion of the CanAan Tn]8t for the futur¢. Th¢ Directors have detcm)ined that thi5 fund will b¢ dedicated to the Aspir¢ Hous¢ Women's Project. In 2022123 a designated freehold property and tixed #sset fvnd has been eslabltshed that represents tlie nct book value of the Trust's freehold property and fixed assets, l¢ss any outstanditlg debt secured against those 3s5¢ts. This fund h&s been 8epaiited from the g¢n¢ral fulld recognition of the fdct that the treehold PToperty and fixed a55tt5 are used in the Tnjst, day-to-day worL and the fvrtd value would iiot be easily realisable if needed to meet fuwre liabilities. As at 30 September 2025 the Tn]si has £179.420 held as unrestricted fvnds which are not designated. This ¢on)pli¢s with the Trusts policy to cover 3 months running costs. R¥strtCied funds represent income Tecetved where th¢ donor or the nature of thc appeal gen¢rating the income has imposed re5lrictions lo how the monies shall be used. Fur Plg Fundlng and fumdr#tslDg We ar¢ acutely awartt Ihal expanding the Trnst's services to op¢rat¢ and maintaitt three supported liTrryng properties, as well as ongoing work in tlie CoMmnIty, will requirc even greaier clwitsbl¢ donaiions and grants 80in8 forward. We do noi undere5ttmate the Size of this ¢hall¢nge. Our tTuslees. senior management and fvndrai8er are WOlg hard to ¢n$urc the Trust explores and utilis¢s ¢v¢ry opportunity to maximise our ndraising potential. such i$ our dedi¢aLion (o respond tts homelessncs8 on & local level. We are very much awa that the Trust's resetv¢s appw be significant. We are at pains to ¢xplaÈn io fundeT$ that the5¢ rcserves ar¢ largely held as capit81 within the buildangs we own and use to house our residents> propertie5 Wjthout which we could noi pn)vide our services. Trustcc recru5tment Our Board of Trustees is small with just Six (ru5tee5. A priority for the coming year Wkll be io recwit n¢w pwple to join tss in governing and steering the ¢haTity. We will be looking for p¢opl¢ with 5ki115 anwor experience in areas such as.. •Fin2nce, law, l.IR or governance •Housiiig. health, social care or ¢onununity work •Fundraising, communirations OT business leadership •Lived experi¢tkce of hoinelessn¢ss or housing inse¢urity Bu$lnoss Plan Witii Aspire House up Snd Nnning it IS lime to refresh OYT Business Plan. We will engage with staff, volunteers, residents aryd wider stakeholders io develop our next Plan. We are lookin8 to the fvtUT¢' excited to know what th¢ ttext 30 years will look like for C2na?n TNst, and ready to step up to tlic next cliallenge to providc help and support where needed and towards tackling hom¢less#ess in our eoinmunity. Sue Bradl¢y dnd Trist Eaton Joint Chair of the Board of TTrJste¢s
Canasn Trust (A Compfitty Limlted by Guarantee) Report of thc Tru5tee5 for the ye Ended 30 September 2025 Ref¢reAee and Admlnlstratlve Information CHARITY NAME: Canaan Trust CHARITY REGISTRATION NUMBER: 1105657 COMPANY REGISTRATION TrIUMBER: 5169595 REGISTERED OFFICE: Cliffe Hill House 22-26 Nottingham Road Siaplelord Nottingham NG9 8AA OPERATIONAL ADDRESS: Jord House 14 Miiin Street Long Eaton Nottingham NGIO IGR PATRONS: Andrew James TRUSTEES OF THE CHARITY AND DIRECTORS OF THE COMPANY: Mrs D Ross {Treasurer) (Resigned 19.2.251 Mr D Gee (Chairl (Resigned 19.2.25) Mr T J Broad MT A Goulden (Re518ned 19.2.25) Mr T Jones Ms H H¢nshaw M$ S Bradley Ms P Eaton Ms A StaG¢y (Appoint 19.2.25) Mr T Skelton (Appointcd 19.2.25, Resigned 28.11.25) COMPANY SECRETARY: Not Appoinled IP4DEPENDEYT EXAMINER: Matt Brady FCCA TC Group Cliffc Hill House 22- 26 Nottingham Road Stspleford Nottingham NG9 8AA BANKERS: The O)+operative Bank PLC 4- 5 Exchange Walk Nottittgham NGI 2NX Barclays Bank PLC SOLICITORS: Ellis-Fermor Negus 35 Derby Road Long Eaton Nottingha]n NGIO ILU WEBSITE: Trvw.can
Tru$t (A CompaDy Limlted by Guarantee) Tru$tees' Report for the Y¢nr Ended 30 September 2015- Contlnued Structure, G(bvernan¢e and MAn#gement Governin Documellt The organisation is a charitable company limited by 8uaranle¢, tncorporated on 2 July 2004 and regist¢r¢d as a ¢harity on 27 August 2004. The company was established under a Memorandum of A550ciation which ¢stablishcd the objects and powers of ttle charktabl¢ ¢omp2ny and is governed under its Articles of Association. In the ¢v¢nt of thc Compaiiy being wound-up kTiCll?ber5 are requtred ro coniribute an amount not exceeding £10. Rec t&ndA ointjiient of Mana ement Comtnittee The direcwrs of the coinpany are also charity trllst¢es for the purposes of ¢harity law md under the company's Articles are known as the Board of Directors. Under tile requiremcnts of the M¢morAndum and Artsc1¢5 of Associalion one thtrd of the lneWnbe of Ihe Board of Dir¢ctots are Tequired to retire from office annua]ly. The Dircctors to reiire by rotaiion shall be those who hav¢ btcn longest in otTLce sinee their last appointsnent. The Trustces appointed represejit a numb¢r of ¢hur¢hes and dominations within the localEty. Format Cat)aan Trust formally cominenced opeia¢hoii on the l April 2005 when all assets and the operations of The Asppre Trust were transferred to die Canaon TTUSt by a deed of gift 2nd staff wer¢ transf¢rr¢d under TUPE. d Traini Any new tTUStee und¢r8oes an indu¢tioo pro¢ess to brief thetn on their legal obli82tions under chariiy and Company law, th¢ content ofthe ML emorandum and Artic1¢5 of Association, the committee and deeisiott makin¥ PTo¢e5S. the bLTsiness plan and the rec¢nt finanLial pth'forniance of the Charity. Durin8 this induction they meet key employees and other tTUStees. All ISte¢S are actively ¢n¢ourag*J io atiend appropriate training events that will fa¢ilitste th¢ uud¢rtskin8 of their role within the Charity. Rtsk Mana ement Tile Board of Directors ha5 conducted 8 review of the major risks to which the ¢liar5ly Ès exposed. A risk register has been established and will be upd(Ited annually. Wherc appropriate, systems or proredures have becn established io miligale the risks tli¢ charity ta¢es. Th¢ Trust ha5 appoijited ¢xtemal advisers for Health and Safety. Human Resources Bnd Inforniation Teclinoltsby to ensuT¢ compliance with cllrr¢nt l¢¥islation and provide expert advce. Significant external risks to funding hJve lcd to the dcvelopJMent of a slrat¢gi¥ plan which will allow for the diversification of funding dnd #¢tivities. In¢emal control risks arc minimised by the impletnentalion of procedures for authori$8tion of all trans&ction5 itnd projects. Pmcedures are in place io ensuie compliance with health and safety of staff, volunteers. ¢lieTJt5 and visitOT5 to the project. Monthly report5 are produced to monitvr Inconle and Expenditure enabling steps to be taken early to le5seii risk. Internal risks are minimised by the implementation of procedures for authorisation of all iransaclions by at least 2 trustees.
C4nA#R Trust {A Comp4ny Llmlted by Gu&rnntec) Tru5tce8' Report for the Year Ended 30 Scptember 2025- CoDtlnucd aiiisaiional Structure Canaan Trust has a Board (If Director5 which meets bi-njontbly and is responsible for ihe stratcgic direc150n and policy of the Charity. At pr¢%eni th¢ BtsaTd has Six members froin a variety of professiortal bdckgrounds relevani lo ihe work of the ¢harity. A scheme of del¢gaiion is in place and ddy to dJy responsibility for the provision of the services r¢sts with the project maJia8er Mr Kevin CuTlis. H¢ 15 responsible for ei]surins that the chariiy delivers the services specified and that key pertorm8nce iiidicator5 are met. The MaRag¢r has responsibility lor the day to day operational management ofthe Project. individual supervision of th¢ staff team and also ensuring that the team contine to develop their skills and working practice5 I line wilh good practice. Respon5ibÉlities of the Trustees Company law requires the Trustees to prepare fin8ncial statemeDts for ea¢h financial year whicli giv¢ a tns¢ and fau. view of tile state of the affails of the charitable company Rs at the balanc¢ sh¢¢t date and of ils incoming reSOll¢S an(1 application of resovr¢es, including incoTne and expendiDJre, for the finan¢ial year. In preparing those fiiiancial st8iements, tbe managemettt eQnllllltt¢e Should follow b¢st pr8¢ti¢e and.. State whether applacable UK ac¢ounting standards have been followed. subject to any material departures disclosed and explained in the fJnan¢iai stdtemetkts. Select suitable accounting wlicies alld then apply th¢m ¢onsisiently' Make judgemthts and estimates thai ar¢ reasonable and pruden( and Prepare IliL financtal siatemLttiS on lh¢ concern basis unless it is inappropriate to assume that the company will continue on thaÈ basis. ObseThe Llie methods atJd principles in the Charitieb SORP. The Tru51ecs are responsibl¢ for maintainin8 pfopLY accounting re¢ords whicli disclo$e with reasunabl¢ aL¢uraty at any liine the financial position of the charitable company and to enable them to en5UTe that the fin2n¢ial statements co¥nply with the Companies Act 2006. The Board of Directors is also responsible for safcguarding the 8ssets of the charitable company. lieiice taking reasoiiable Steps for the prevention and detection of fraud and other irregularities. Memb entc mmitt Members of ihe Board of Dir¢¢tors who are also trustees for the purpose of charity law. who served during th¢ year and up lo Ihe dat¢ of thi5 report are set oui on page 5. MetnbcTS of the Charitable Compatly guarantee lo contribut¢ amount exceeding £10 to Ihe assets of the chayitable company in the event of windir)g up. The total number of su¢h guarantee5 at 30 September 2025 w25 612024- 8}. Tliis r¢port has been prepared in a¢cordance with the Statement of Reconunended Practic¢'. Ac¢ountin8 and Rcporting by ChariliEs in 2¢¢0rdance with th¢ Sp¢¢ial Provision5 of Part 15 of th¢ Companies Act 20 Telating to sIall entities. Approved by ihe Board of Directors on { I , o 4..Ukn and signed on its bchalf by.. Signatur¢ P&trkcia Eaton {Director and JoIt Chairperson of Board of Trust¢e$) Signature . Susan Bradley (Directtsr and Joint Chairy)¢rson of Board of Truste¢sl
Cgnagn Trust {A Company Llmlted by Guarantee) Company Numbtr: 05169595 INdependellt Examincr'5 Report to th¢ Truslees of Trust I report on th¢ charity ITUSt¢es on my exaininarion of the accounts of ih¢ company for the year ended 30 SepteFnbeT 2025. Re5pon$Èl)Ilities and Basi5 of Report As the ch8rity'5 trustees of th¢ Company land 8150 its dirtorS for the purpose of compatty Idw) you aTe responsible for the prepdration of the accow)ts in a¢cordai)ce with the requirements of the Companics A¢t 2006 ('the 2006 Act'l. 14avin8 saiisfi¢d THySelf that the accounts. of the Conjpany are not r¢quiml io be audited under Part 16 of ihe 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's a¢coutstS as ¢attied out under section 145 of the Charities Act 2011 ('the 2011 Act'}. In Carrying out my examination I liave follow¢d the directions given by the Charity Commission undeT Section 145(5}Ib) of the 2011 Act. lttdep¢ndent Ex%miner's Stotttment Since thc Company's gross income exceed¢d £250,000, your examiner musl be a memb¢r of a body listed in section 145 of the 2011 Act. l Confimi tliat l am qualifsed 10 underiake the examination because l am a men)ber of the Association of Chartered Certified Accountants, which is one of the listed b(les. I have ¢OTnpleled my examination. I confim) that no matters have come io my attention in ¢onnection wilh the examin&tiOTJ giving mc cause to believe'.- l) Accounting re¢ords were not kepl in Tespe¢l of th¢ Comphny As requir by 5cction 386 of th¢ 2006 A¢t' or 2) The a¢¢ounts do not accord wilh ihose re¢ords' or 3) The accounts do not comply witli the accounting r¢quir¢m¢nts of section 396 of the 2006 Aet otljer than any requirements that ihe A¢count5 give a 'true and fair view. which is not a mattcr considered as psn of an ind¢pendent examiDation' or 4) Th¢ accounts have TH>t been prepared in a¢¢ordanc¢ with the tnethods principl¢s of th¢ Sta¢ement of recommended Practice for accounting and reporting by ¢haTltie5 (applicable to charities preparing their a¢¢owits in a¢cordanLt witli the Financial R¢porting Standard applicable in the UK and Republi¢ of Ir¢land (FRS1021}. I hav¢ no concerns and have eom¢ a¢ross no other matters in connection with th¢ examination to which attention should be drnwn in thi5 report in ord¢r lo Cnable a propeT understanding of th¢ accout)ts to be reached. Matt Brady F TC Group Cliffe Hill House 22-26 Notlinghatn Road Stapleford Nottillgham NG9 8AA
C4ni#A Trn5t (A Company Llmlted by Guar&nte¢) Statemellt of Financl&l A¢llvllies (including lDcom¢ and Expendltllre Aeeount) For the Year Ended 30 S¢pt¢mber 2025 UnTestri¢ted Fund$ 2025 Re$trlcted Fund5 Total Funds Unrestrlcted Fund# 2024 Restricted Fund5 Total 2025 2025 2024 2024 Notes In¢oro¢ Donations 4nd Legacles 148,686 173.725 322.411 299.328 768.606 1.067.934 lttveslment Ineomt 5.444 5.444 9.754 9.754 Income froJJJ ¢h&rlt¥ble attlvllles: Rent & Uiilities 219,569 27.234 219,569 27,234 312.5(A 45.281 3L2.564 45.281 Othei lft¢om¢ ToiAI ltt¢onJtng Resourte$ 400.933 173725 574 658 667 039 76B 606 1435 645 Exponditure Raising Funds charitable activities Support Costs 26.963 329.810 13.426 26,963 461.703 113.426 23,1) 339,560 23,IfK> 474.062 131,893 134,502 TotAI ExptndStur¢ 470 199 601(W2 476 478 134502 610980 Net Ineomtltxpendithre and nct movement ill fyiid 169,2661 41,832 127,434) 190.561 634.104 824.665 Tran$f¢r between fund$ 17 381.789 (381.7891 318,578 {31B.578) Keconclll&tS0 of fuhds Tutgl lund b&l4n¢t5 brought forward l Odober 2024 17 1315370 379 372 1694 742 870 077 Total (und blance5 Cflrrled forw4rd 30 sleMber 2025 1627 893 1,667 308 1315370 379 372 1694 742 The Statement of financial 8CtÉvities includes all galns #nd losses in the year. All Iniomlng re50urce5 and resources expended derlve from contlnuing activities.
Can4#n Trust {A Company Limited by GllArantee) BalY4nce Sheet A$ At 30 September 2025 2025 2024 Not¢S Flxtd A55ets Tangibl¢ Assets 1.600,542 1,193,309 Current As$¢t$ Debtos Cash At bank and in hand 13 10,034 321625 331059 11.418 747.318 758 736 Cred2tors'. amounts falling due within one ye8r. 14 62.825 Net Current AssetILlabIIt1¢S) 268.834 738,945 Creditors.. amourtts falling due ovcr l y¢ar 15 202.068 237,512 Net Assets 1667 308 1694 742 Unrestrleted fund5 General Funds- G¢n¢ral PurEYises Designated Fund- expansion of Canaan Tst Designated Fund freehold properry and fixed assets 16 179,420 312.777 50,0(K) 50,000 ,398,473 952,593 Restricted Funds 16 39.415 379,372 Total Charity Vund5 17 1667 308 1694 742 The Company is entitled io cx¢mp¢ion from audit under Section 477 of the Compatties Act 2006 for the year endd 30 S¢pt¢mber 2025. The member5 have not requiTrd the cotnpany to obtain aD audit of its flnancial statemenis for the year ended 30 Septemb¢r 2025, in accordaii¢¢ wlth S¢¢tion 476 of the Companies Act 2006. The tn]stees acknowledge iheirresponsibilities for-. Ensuring the compaThy keeps accountin&> r¢¢ords which comply with Section5 386 and 387 of the Companies A¢( 2006, and b) PT¢paring financial stat¢ments which g2ve a true and fair vicw of the state of aff81rs of the company as at the end of eaeh financial yeér in a¢cordan¢e with the requirements of Sectiot)s 394 8nd 395 and which oih¢TWi5¢ comply with the rcquireinenis of ihe Companies Ac12006 re12tiNg to the finaJJcial stat¢menlb', so far a5 applicable to the coinpany. These 0VDts are prepared in accordance with the special provision5 of Part 15 ofthc Companies Act 2006 rel&t%ng to sn)all entities. Approved by thc Board of Direciors on nd signed on its behalf by.. Patricia E2ton IDr¢ctor and Joint Chairperson of Board of Tru$le¢sl Susan Bradley {Director and Joint Chairperson of Board of Trustees)..... io
Cn49 Trust {A Company Llmited by Guarant¢¢) Note5 formlnE Part of the Fin4nelal StAtements for the Year Evdtd 30 September 2025 l. Accountln8 Policle$ Tl)e principal accounting policies adopted. judgem¢nts and key sources of estim8tion uncertainty Tll (he preparation of the fillancial 5tat¢m¢nts are as follows'.- Basis of preparation and as$¢s$ment of going concern The financifjl statements have been in a¢cordance witl) the Accounting and Reporting by Charities; Stateinent of Recoinmended Practice applicable tt) chariii¢s preparing thctr aceounls in d¢cordancc with the Fii)aJicial Reportin Siaiidard applicabl¢ in the UK ajid R¢public of Ireland (FRS102) (issued 1° January 2019) - (Charities SORP FRS102). Tlie Financial Reporiiiig SiandJrd applicable in UK and Republi¢ (>f Jr¢lund IFRS102) and the Companies AGt 2006. Asscts an¢J liabilities are initially r¢¢ogni5ed at histor2Lal cost or transactioll value unless Oth¢rwis¢ Srated in the relevani ccountsng policy not¢(s). The charity ¢onstiiuies a public beiiofit ¢ntity as defined by FRSIO2. Going Concern The trustees, consider thar there aT¢ no tnaterial uncertainties about the ¢harily'$ abylily lo continue a5 a going concem. The funds of th¢ charity are con5ider¢d suffi¢ient to sustaiT] the Charity. Th¢ a¢¢ounts are preseiited in Sterling £1. In¢omlnE re50orces All incoming resoure¢s are in¢luded in the statement of fJnan¢ia] a¢tivili¢s when the charity is entitled to tlie income and thc amount can be quaniifjed with reasonable accuracy. Th¢ following specific policies are applied to particular categories of ittcoikne.. Voluntary income 1$ received by way of grants, donations and gifts and is in¢luded in full ill the SialemcL)l ol Financial Aciivitics when receivable. Cjrants, where entitlement is noi conditional on th¢ dclivery of a 5pccific performance by the charity, are re¢ognised upon receipt. Donated services or facililies are Tecogni5ed &$ ineome wh¢n th¢ ¢hariiy hay control over the item, any conditions associated wilh ihe doi)aled itein have been mel, the receipt of economic benefit from the use by the charity of the item is probable znd that econoinic benefjt Can b¢ measured rrliably. On Teceipt. donated services and fa¥ilities are recolse on thc ba5js of th¢ value of the gift to thr charity which is the amoLÈnt thc ¢harity woul¢J have been willing to pay to obtain s¢rvi¢e8 or facilitics of equivlllent cconomic benefit on the open maTkrt- a CO¢Sponding amoont is theii reco8nised in ¢xpenditure itt ihe period of receipt. Incoming resourc¢s from charitable tradin8 activity are a¢¢ounted for when eamed. In¢omin8 resource5 from grants, where rel#ted p¢rfom)ince and sp¢cifs¢ deliverables, aTe 4c¢oullted for upon receipt. Enterest receivable- Inteiesl on funds held on deposit is includ¢d wl)en rtrciyable and tlie anhount Can be receiv reliably by the charity. this is nomlally upon notiftcation of the interest Paid or payable by the bank. Lega¢ies are aceounted for on a Teceivable basis when the following ¢onditions have been TE]et. The filial estate accounts liave been appFoved The legaey is Capable of measurement., and There 1$ no reversionary interest
Canaan Trust (A Comp4ny Umlted by GuarAntee) Note$ formSMg part of the FlnanclAI Statements for the Ye&r Ended 30 September 2025- Contlnued Resollre expended Expettditure is reco8nised on an accrual basis a5 the liability is incurred. Expenditure includ¢s any VAT which cAmiot bt fully iecover¢d, and is reported as part of Ilie expenditure to which it relates.. Costs of gcneraiing funds comprise the costs assoriated with attT&cIID8 grants incom¢ and donatioiis. Charitable expendire comprise$ those costs incurred by thc tharity in the delivery of ils activities and services for its beneficiaries. It includes both ¢o&ts that can bc allocat¢d dire¢ily to such actLVjties and those c4)sts of dii indir¢rt nature necessary to suppon them. Governw)¢e costs include thos¢ costs llssociated with meeting tbe co])stitutional and statutory requirements of the charity include the adit fees aDd costs I1]ed to the strategic maDa8em¢nt of the ¢h8rity. All costs are allocated between tlie expenditure ¢ategories of the SOFA ort a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocat¢d directly* other5 are apportioajed on an appropriate basis. Allocation of Support Cosrs- Support costs are those functions ihat assist the work of the charity but do not directly undertakc chariiable activities. Support costs include back offi¢¢ costs, finance, personnel, payroll and governance cos15 wliich suppon the Trnsts progrdmmes and octivities. Thes¢ costs have been allocated between cost of rdising Cunds and expenditu on charitable activities. The boses on whiGh support costs have been allocated are sei out in note 4. Operating Le85e5 The charity ¢lassifies the leasc of photocopiers and mobile phones as vp¢ratiiig lea5e5. Rental chargcs are charged on a siraight line ba55S OVCT the terni of thc lease. Tangible Flxed Asset5 All flxcd assets ar¢ ¢apitalised at C05L where considered appTOPTial¢ to capitslise. Those purchased by Specifie gifts and grants adh¢r¢ to the same treatment. D¢pre¢iaiion i& provid¢d at th¢ following annual rdtes ITL ordcr to wrÉte off each asset over its estimated useful life.. Fixture, Filting 2nd Equipmeni Propety Office Eqllipm¢nt 200/4 reducing balanc¢ No charge for depreciation 25OA on cost No depreciation is ¢harged on land and building5 as the residual vtlu¢ is b¢li¢ved to be higher rhan historical cost. Prof¢ssionaI and borrowing fees in direct relalioo to the renovation of 'Aspire House,, have been C8Pltalised until the propety has been ci)mpleted to a 5tand8rd d¢¢rned fil for putpose. Tlie property wa5 deeined fjt for purpos¢ on th¢ 12 July 2025. fees have th¢refore not been capitalised after this dale. Total costs capitalised for 2025.. £10,91712024.. £51.5041. Pensions The Charity operates a defined contribution pension scheme. The asscts of the 5chemc are h¢ld separately from ihose ofthe Charity in an independently a(fministered fulld. Contributions payable for the yeRr are shown in the ststeinent of fin>JnLial Ilctivities. Debtors Debtors are re¢ogllised at the seitlemeEli amount owed ro the Charity or piepaid. 12
C¥n##N Trust (A Company Limited by Guarantte) Note5 fornjang part of the Fknanclal Statemen15 for the Ye&r Ended 311 September 2025- Condnued Credltors Creditors and provisiofts are recognised where the Charity has a present oblÈ8ation resultlDg from a past Cvent that will probably result in tlie transfer of futkds to a third parry, oiid fbe amount due to settle the obligation can be niea8ured or estimated trliably. Creditors and pvIsIons are Rormally r¢¢ognised at their settlement amouni. Flnanclal InstrueThts Tlie Charity has fJnan¢ial ttssets and financial liabilities of a kind that qualify as basic finantial instrnments. Basic financial instruments initially recoyised at transaction value and subsequenily measuird Y41 their settlement value Taxotlo The ChltY is exempt from tsx on its char&tsble a¢iivities. The ChaTity &150 reijts its roon)s to other local Ghildttll'5 activities whtch s&tisfy ihe objectives of the Charity. The Trusiees have reviewed the Charity's trading activities and are collfident that tliey fi2rih¢r the Charity'5 aims and, as $u¢h, are cottsideied to be prtmary pUOSe frading. Judgement and Key Source5 of Estlmatlon Uxh¢ert#inty Tlie pr¢patalion of accoLuils using generally acccptcd dccounting principles requires managemeni to inake estimates and assumptions that affect tile reported atnounts of asseis and liabiliti¢s at the date of the accoun18 and the reported amounts of Tevenues and expcnses during the reportin8 period. The key ¢stimat¢s and assumptions used in th¢ Financial Statemcnts are detailed in the a¢¢ounting poli¢ie5. Fund Bglanee5 Unrestricted F Unrestricted fllDds are dunation5 and oth¢r incoming r¢sourct$ receivable or 8ener&ted for th¢ objects of the Charity without fllrther spe¢ified pUOSe and are available as &¢neral funds. ated fund Designated funds are unrestricied ndS eamiarked by the management ¢ommiitee for particular puwses. Restricted funds are to be w8ed for specific purposes as laid down by the donor and are subjected to restriLtions of th¢ir expthiditure imposed by th¢ donor or through thc tcrTtJs of an appeal. LegAI Status of the Trnst The Tst 15 a comp&ny limited by guwantee and has no share Capital.. the liability of each menjber in the ev¢nt of winding up ts limited to £10. 13
CanaAn Trust (A Cump4my Limlted by Guarantee) Notes formlng part of the Fin8nclal Statements for the Y¢#r Ended 30 September 2O25- Contlnued 2. DonAtlons Legacies 2025 Total 2024 Tot#1 Unrestrlcted Restrleted Albert Hunt Trust Beatice Laing Trust Bee5ton Methodists Bencfact TTUSt Broxtowe Borougli Coun¢il Cliaritie5 Trust CoTnmunity Fund Comrtlunity Organi¢10 Dcrbyshir¢ RCC Derbyshire Community Foundation Derbyshi PoSi¢c & Crime Commissioner Derby Golf Club E4si Midlands CF Erewdsh Volulltary Grant Joaii West MGP Crowdfunder Ltd Mo1$0n Foundatitsn NGED Com]nunity FuDd Puddle Lane Tru51 Unite EM 4x4 Properties Asd& Foundatiott Bateinan Charity Fund Trust Cardinal Mariiime Fine and Contry Goods Garfield We5totk GencTal Donations {In¢luding Gift Aid Givilsg for new propeny J¢fford Weller Grant 8,(KlO 8,000 5,000 5,000 1.000 20,O¢XI 30,0(M) 20,000 30,0(K) 60.000 38.464 32.705 3.6(10 15,221 4,51K> 21,833 2,500 4,500 21,833 2,500 3,200 3,200 1.916 1,500 1.500 4,000 2,695 9,979 2,695 9,979 10,000 18,000 18.000 2,000 35,030 400 400 100 500 1.000 25.000 103,542 704.269 500 1.500 9.980 500 6,607 1,500 5.000 1,000 500 18,737 29,094 18,737 58.594 500 29,500 500 Mèin Grants Masonic Charitable Trust MSE Charsiy Neighbourly Sainsburys The 291h May 1961 The Sa¥e Trust TK M)xx Rural A¢iion tkrbyshirc Rotary Club Erewash Rotary Club Lon¥ Eaton The Puor Lands Cliarity Tl)e l.lobson Charity The Estat¢ of Thelma Miiiton Vernon Bowcr Charitable Trust 3,500 J.500 5,(100 5.000 500 500 5,000 5,008 1,000 9,247 8,718 70,(100 5,000 5,008 1,000 9,247 8,718 70.000 2.500 148 686 173 725 322.411 1067.934 14
C2naan Trust (A CotnpAny Llmlted by CurRtee) Notes formlng part of the nanCial Statements for the Year Ended 30 September 2025 - Contlnued 3. liicom¢ from ChArftable Attlvltlcs 2025 Total 2024 TotAI UnTestrict¢d Restrl¢ted Uiili¢y Income Rent Housing Benefit 10,764 10,764 20.901 208 805 208.805 291.663 219569 219 569 Tstee giving during the year totslled £1.291 {2024.' £1,845). 15
Canaan Trust (A Company Llmlted by Guar8nt¢e} Notes fornilDg part of the Finan¢ial St4teThents for the Year EDded 30 Stpternber 2O25- Contlnued 4. Expendlture 2025 TotAI 2024 Total Costs directly alloeAted to #ctivitse5 Staff C08ts Direct 333,654 13,129 13,205 4,220 10.070 98,544 432,198 13,129 13,205 4.250 377,837 42.483 Rent, Rate5 and Water Heat, Light & Power T¥avel and StatYExpen$e5 Insurance Usa8¢ Usage Dire¢t 17,176 5,249 30 Direct 10,070 12,589 CleaninglHoubekeepiAg Residenls Expenses Training Costs Propcity Maint¢nanc¢ Healtliy Living cosis Coijsultancy Fees aiid DBS Checks Dsrect 4,806 533 5.339 6.121 DireLt 28,365 2273 11,796 28.365 32,954 26 Dire¢t 2.273 Dirc¢i 11,796 29.561 Dire¢1 780 Direct 4,831 4,831 23,796 426,349 99,107 525.456 548,572 Support Costs alloeaied to 2ctiviti Fundraising Costs Statiollery, photoGopier and offJ¢e costs 18,140 18,140 10,116 Usage 1,202 2,404 1.203 4,809 6,110 Office Equipnient and Maintenanc¢ Costs Usage 1.979 3.959 1,980 7,918 8258 RecEustsnent Costs 1,066 4.405 1,066 17,617 4.505 Computer Expeiis¢s Telephone, Mobile and Broadband Sundry Expenses Charitable Giving Bank Cliarges Accounting and Pajyoll D¢precialio Mortgage Interest Us&ge Usage Usage Direcl 8,808 3,378 461 18,449 8,362 1.026 225 902 918 918 2.297 2,374 2,374 3,150 U5ase DI¢t 95 97 95 287 605 6,452 4.548 717 7.169 6228 Usage 3,033 7.581 2.873 2,873 26,963 26,963 35,354 14.319 76,6J6 62,408 Total Ruouret$ Expcnded 461,703 113,426 602,092 610,980 16
C#na#D Trust (A Company LTrrnlted by Gu•rantee} Note5 forming part ofthe Financial Statements for the Year Ended 30 September 2025- Cojitlnued 5. Net Incolnlng Resources for the ye#r Thss IS stated after ch8rgii?g 2025 2024 Depreciation Reporting AcLounlants Fe¢ Payroll Prcparation Fe¥'s 7.581 4.919 2,250 3,366 2,862 6. Staff Co$t$ and Numbers Salaries Pension Costs Employers National InsuTance 386.787 16.908 28,503 432,198 345,914 15,36J 16,560 377 837 Averag¢ number of paid full and part time employees in ihe year 20 12 10 wiihim th¢ pension schcmc12024.. 9}. The c05l for ¢mploy¢¢'s are panly Charged to SUPPOrt costs. Th¢ others are included in chaTitablc activitie5. {notc 4) No employe¢ rec¢ived ¢molumen¢s of more than £ 60,OIM) in the year. Total r¢munerntion of key management personnel in ihe period was £187.630 (2024: £126,334). 7. Trustee RemunerAtlon and Related Party Tr#N$*ction5 No emoluments were received by the Trustees either in their capacities 85 Trustees or as membeT5 of the Board of Trustee5. Tiieie were no otlier emolum¢ni$ or ¢xp¢nses paid io any other Charity twst¢¢, or pcrsoN5 ronnected with such a tSlee directly or indiwtly from th¢ funds of the Charity or from the property of any body ¢tsnnected with the Charity. The wife of a Trustce now works on a pat1 time basis for the charity. She is paid at a rate that is in line with other staff members and th¢ appointmcnt was approved by all trustees. There are no other relat¢d party transactions. 8. TAxatlo As a Charity, Canaaii Trusi is exempi from tax on in¢ome and gains fallin8 WltIIiD seKtion 505 of the Taxes Act 2988 or 5256 of tlie Taxation of Cliai'geable Gains Act 1992 to tl)c extent that these at¢ applied io its charitable objects. No lax cliarges have arisetk in the Ch811ty.
C8na2n Trust {A Comp#rty Limitert by Guarantee) Notes forming part of the FlnAn¢il Staternents for the Year Ended 30 September 21125- Contlnued 9. Tauglblt Flxed Assets Llnd and Buildings Offiee Equlpmtnt Flxtures gnd Equipm¢nt VAJI Total Co$1 Brought forward Additions 1.192,894 378,798 5.796 19.327 21,702 16.689 17.779 1,238,171 414,814 At 30 September 2025 1571692 25.123 1652,985 Depreciation Broughi forward Char¥¢ for tile yeaT AI JO S¢ptember 2025 5.796 4.161 9.957 21,287 3,420 24.707 17,779 44,862 7.581 Net Book Value At 30 S¢ptcmber 2025 1571 692 16(KJ 542 AI 30 S¢ptember 2024 1.192.894 415 1,193,309 There were t&ngible assets donated during the ye8r that were CAPItl$ed within fixtures and 4uipinent. this amounts to £7,956. 10. Financial Cornmitments The Charity has the following eommitments= An tt)nual comtnitinent lo pay a photocopier and prinw lease. The annuAI lease charge pay&ble is at least £l.002. A ¢ommitm¢n¢ to tlie current insiirartc¢ ¢ompa#y for PTrmiuJns of at least £4.071 per annuin until April 2026. I l. Penslon Commltments The Charity operates a defined contribution pension scheme administered by Standard Life. The a5set5 are held separate from Ihose of tl)¢ Charity in an independently admitLi5tered fund. The pensTron cost charge represents ¢ontribiiiions payable by the Charity to the fund and amounl¢d to £16,908 {2024-. £15.3621. 12. Donatl0115 Paid during the year were as follows:_ 2025 2024 Bundle of Hope Ju51 Giving Local Giving 2,1110 94 180 3,150 18
Trust (A Company Limited by Guarantee) Not¢5 formlng part of the FlTh&nclal Statemet5 for the Year Ended 30 September 2025- Contlnued 13. Debtors 2025 2024 Trade Debtors Other Debtors alld Prepayments 7.205 8,471 2,947 14. Credltors: Amounts falllrtg due In one y¢Ar 202S 2014 Trade Creditors Taxatioi) and Social Surity Other Creditors and Accruals 41,926 10,784 3,546 5.554 19,791 15. Credltor5: Amounts falling due after one vear 2025 2fr24 Bank Luan 202,068 237,512 The Bank holds secuytty for the loan in the forni of fjrst and only legal ¢harge over the property to which it relates. These amounLS are rq)ayable by instalments by January 2045. 16. Analysls ofNet A5set5 betwe¢n funds GenerAI Fund Restricted Fund Tot&1 Funds 2025 Tot*1 2024 Y¢2r Ended 30 September 21125 Tangible FiK¢d Asscts Cu]Tent Assets 1,600.542 251,718 (22.299) (202.068) 1,627.893 1,600,542 291,133 122,299} (202.068) 1,667,308 1,193,309 758,736 {19,791) (237,5121 1,694.742 39,415 Current Liabilitie5 Long Terni Liabtlities Net Assets at 30 Sepieinbcr 39,415 General Fud Restricted Fund TotJl FuJd$ 2024 Total 2023 Perlod Ended JO September 2024 Tangibl¢ Fixed Asse15 Current Assets 1,193,309 1,193,309 758.736 879,015 247218 (11,156) 1245.000) 870,077 379,364 (19,7911 1237.5121 1,315,370 379,372 Cunrnt LiabÈlities 119,791) 1237,5 12) 1,694.742 Long Tem) Liabililies Net Assets at 30 Sepiember 379.372 19
Canaan TTU5t (A Company Limited by Guarantee) Notes (ormlng part of the Fln•ncl41 Statements for the Year Ended 31) September 2025- ContlThued 17. Movements In FuThds At 30 Stptember 2025 At l October 2024 Ycar Ended 30 September 2025 Restricted Incomlthg Rtsource5 Outgoing Rc$ourct$ Transfers Property Fund Foujidalion Derbyshire Tesco Cvmmunity Sainsburys Broxtowe Borough Council Derbyshirc Community Fouiidation Unite EMI DE 13 MGP Crowdfunder Lid Chariti¢s Trust EF¢wh Volulilary Grant Beeston Methodists JeffoTd Weller Dcrbys R C C 347.702 (2,0401 375 169) 127.197 92,OIMJ {378.79B) 2.040 4,101 375 69 20,000 20,(KKI 21,833 18,0(M) 2,000 2,695 16,698 3,833 2,000 2.695 27,804 11.106 1.500 (1.5001 500 500 379 372 173.725 131.893 381.789 39,415 nrestrlcted fuiids D¢signated Fund exp•n$5on tsf Tru$t De$igntht Fund- freehold propcrty and fixed %ss¢t$ 312 777 179420 50.0(H) 50,0 952,593 445.880 1,398,473 Gtneral FutEd BRI4¢¢ 1.315,370 400,933 470,199 381.789 1,627,893 Total Fulld Btslan¢e 1.694.742 574 658 602 092 1667 308 Dtslgnxted Funds ansion of CaDa3TL TTUSt- The trustees previously &$ide from the geiieral fimd an amount of £I60,000 for ihe expansion of ihe Canaan Trust for the fiilure. Back in 2023, £110.000 of this fuThd was used tow'ards the deposit for lh¢ purchas¢ of Aspire House and a5 8u¢h th¢ fund has been ie41esignated within the Freehold property and fix¢d a55¢t designaied fund. Freehold Pro eri and Fixed Assets Duran8 the year th¢ Trtt¢¢S have designated fidS represeniing the net value of freehold property, fixed a5S¢ts. less any outstanding d¢bi seLured agatnst those #ssets, for maintenance of such assets and the scrvicing of debts. 20
Can#n Trvsl (A Compny Limited by Gu&r8ntee) TriOte$ formlng part of the Fln¥ncl*l Siatements for the Y¢&r Ended 30 September 2025- Continued 17. Moveents in Fund$- Contlnued At 30 September 2024 At Porlod Ended 30 September l Aprll 2024 2023 RestTLCted fund$ In¢omlng Rcsource5 Outgoing Resourc Tr4n$fers Property Fund Foundalion Derbyshire Teseo Community 65.580 {2.0401 600,700 {318.578) 347.102 12,0401 375 (691 375 (69) Sainsburys East Midlands CF 1.916 1,916 D¢rbyshir¢ Comniunity Fox 14,221 14,221 NGED Communiiy Fund io,000 10.000 Community Fund 38.464 38,464 ComTDunily Organis2tion 32,705 32.705 UnKte EMI DE 13 2,1)00 Joan West 4,000 4,000 CliaFili¢s Trust 60,000 32,196 27,804 BeESton Meth(xlists 1,000 1,000 Derbys R C C 3.61N) 379,372 63.846 768 606 134502 318578 Unrestrieted fuii Designated Fund expADsion olcanaan TTUSt Deslgngted Fund- freehold property 4Ad Ilxed as5et5 122 216 476 478 312777 50,000 50,000 634,015 3 18,578 952,593 General Fumd Balance 806,23 1 667,039 476.478 3 18,578 1,315,370 Totlll Fund B214nee 870 077 1435 645 610.980 1694 742 Deslgnated Funds ansion of Ca aan Trust- The trustces previously set aside from tlie general fund ali arnount of £160,000 for the cxpaiision of tlie C3naan Trust for the future. Back in 2023, £110,000 of this fund was used towards the deposit for ihe purchase of AspiTe House and as such the fllnd has be¢n re4lesignated within the Freehold property 4md fixed assct designated fvnd. ehold Pro and Fix During the year the Trustees have dcsignated funds lepresetills the nct value of frceliold property, red Ossets, less any outstandin8 d¢bt sttllr againsi those asseis, ftsr maitttertance of such ass¢ts and tlie servicing of debis. 21
C&rtaan Trust {A Company Limited by Guarantee} Notes formlng part of the Fliian¢i#l St#ternents for tlie YeAY Ended 30 Septernber 2025- Contlnutd Purpose ofRestrlciod Funds EFUnd - A total of £127,197 w88 received towards tbe construction, fitting-oui attd associated c05t5 for th¢ uew wonien's cenire at 16 Mail) Street. Long Eaton. DeTb Shi ommuni Foundation- A loral of £21.833 for fo bank costs. MGP Crowdfunder Ltd- A totsl of £2,695 for food bank costs. rc>xtowc Borou A toial of £20,000 for Support Btoxtowc Homeles5. Erewash V I ra G nt- A total of £1,500 for laptops for education projects. Jefford W¢ller- A total of £500 for ClJristiMas cosis. 18. Future C*pital Commltrn¢nts See properly fund details in note 17. 19. Ncgllgence InsurAnet The Charity hold Trustee IndenJtii¢y In5uiznce duTing th¢ year which provides cover of up to £500,000.