Charity rèytstration number 1110403
Company registration number 05425527 IEnyland and Wales)
CANAAN PROJECT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
*AIIVYKNR*
21104r2023
COMPANIES H￿SE
A16

CANAAN PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Tru$tee$
Hannah Genn
Bethany Jennings
Naznin Robinson
Barbaia Workman
Charity number
1110403
Company numbèr
05425527
PrincTrpo1 address
Lansbury Lodge
117 Ricardo Slreel
London
E14 6EQ
Regists￿￿ office
Lansbury Lodge
117 Ricardo Stre
London
E146EQ
Independent examiner
Richard F Hopper
4 Rho(ffa Clawdd Offa
Denbigh
Denbigh5hire
LL16 4RJ

CANAAN PROJECT
CONTENTS
Page
Trijslees, report
Independent examine¢s report
Statement of financial a¢lwrties
Balancè sheet
Notes to the f￿anCIal stslemenls
7-15

CANAAN PROJECT
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 AUGUST 2022
The tru51ees present Iheir annual report and ffinanua stater1￿15 for Ihe year ended 31 August 2022.
The financial statements have been preparecl in accor(lance wilh thè accounting poI￿leS Sel out in note 1 to the
financial staternenls and comply with the charivs constitution. the Comparnies Act 20[￿ and "Aceounling and
Reporting by Charities." Statemenl of Recommended Pract￿ applicable to chaiities preparing their accounts in
acoordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
{etfective 1 January 20191"
Objective5 and activities
The charty'5 objects are to promote the provision of recreational farylilies and education in life skiHs.
The
polictes adopled in furtherance of Ihese obj.ects are the provisK)n of actNrtie5 for vUknerab￿ children and young
people, and Ihe¥e has been no change in these during the year.
The Project's aims ale to work rolkboralNety with marginalised girls young wornen in Tower Hamlets to see
them flourish. havè broadened horizons and raiwl as￿rat￿S. by wovvjing experipn¢e5 and opportunrties
through innovative approacnes to youth work.
The IrLtstees have paid due regard to guthnce iSSLJed by the Charty Comrnission in decKling what actiwties the
charity should undertake.
Aehièvèments and perfom4nce
This was our first year 51nce the Cowd pandemic where we wete abbe lo run a full. in-person prograrnme.
September we launched work in an addilionèl secondary school, Canary ￿arf College, as well as launching a
new after-school dub. We a￿ pleased io be growing our prowsion and to now have a busy sche¢Jule engaging
wrth and supporting more young women in the k)cal community.
We have worked wth a ioial of 215 d¢fferent young women in Ihe Isk of t)ogs aoas of Tower Hamlets this year.
Clubs..
Gèor
è Greens School
We ran a regular droTrin lunch club for girfs in years 7_9 once a week in term lime. Attendance grew over Ihe
academic year and by the summer term we regularty saw 20 young wornen per sessirm.
W• also recornmenced our empowemient course for young women in year 7 as part of Iheir enrichment
programme. We ran three courses throughoul the year for a lotsl 0137 drffeient young women.
Cana
Wharf Coll
We ran hyo drop-in lunch dubs for girfs in all years durirwj tefm kn"me. We saw attendance grryw lo betsveen 20
and 30 young women per session.
Across bolh lunch dubs 100% of youn9 women reported feeluig welcomèd, 100% re￿rt￿d feeling safe and 81Q
reported having tried new Ihings_
After School Club
We launched our after-school club al St Andrews Wharf yLNrth hub in May. ￿ had a solid group of 10 young
women attending regularly, and ende(I the sumrner lerm wrth a party altended by 27 young women from across
our provisions.

CANAAN PROJECT
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Mentoring
We menfored 5 drfferenl young women thas year, taking referraLs from bolh schools as well as from a Ihiid sGhool,
St Pauls Way. On reviewing her experience of menloring one youn9 woman wrote 'Before I would hate tnyself a
bit and now I love myself more. I have leamt lo be more relaxed and calm. before I would be so angry,.
TripslResident•als'.
We ran 8 Irips Ihis year atlended by 32 diffefent young women.
In keeping with our aim to broaden young
women's horizons we took young women on a variety ol trips including to Chalkwell beach, the Wesl End to see
Wicked. 8attefsea park. bowlirng and iceskating.
Our planned sailing residential was rescheduled lor Seplember 2022, $0 we took our group on a day trip to
Soulhend instead.
Staff
We Wel￿Mad back ouf Projeci Manager from maternty ￿3ve in 0¢tO￿r 2021. Our senior young women's
workèr left In January 2022 and we are in the sKocess of recruiting for this post. We recruiled a pat1-time interim
supportin9 befvleen April and Au9USt.
Financial review
The income and expendrfure oflhe tharity for the year and its financial p0sitrt￿ at the end of the year are shown
in the attached accounts. The trustee5 consider the finanual position to be satisfactory and are gralelul for the
work put in by Barbara Workman as honorary treasurer and Steve Wiltcox as finance adminis1rat￿ dwing the
period.
We would like to thank our funders and vokjnleers who have supported us so generou5ty during Ihe period.
With deep gratitude we woukl like to thank. c￿0P Community Fund. East End Community Fund, Henry Srnilh
Chènty, The Lon(Jon Borough of Tower Hamlets Local Community Fund, London City Airport, Osmani Tru51 and
Three Oaks.
It is the policy of Ihe charity that unresliicted funds which have not been designaled for a specrfic use should be
mainlained at a level equivalent to be￿eft lh￿e and six monlhs. expenditure. The Irustees consider that
serves al this level will ensure that. in ihe event of a significant drop in funding, they will be able to continue the
charity's current aclivities while consvJefatKJn ts given to ways in which addrt*)nal funds may be raised. This level
of reseNes has been maintaine¢J throughout the year.
Since the end gf the financial year the tru5tee5 have revised gur Feserve5 policy in order lo rniligate loi thè
eurrent unstable financwl dim3te. It was agreed in December 2022 to maintain rÈserves at an increasèd level ol
between six lo nine months. expenOrtu￿.
The trustees have assessed the rnajor risk5 to wh￿h ihe chaFrty 15 exposed. and arp satisfied that Systems are in
place lo mitl9ale exposure lo the mapr risks_ Th15 includes the safeguarth.ng of wlnerable young people.
Structure. governance and managemeTht
The charity is a Company limrted by guarantee.
The trustees. who are also the directors for the purpose of company law. and who Served during the year and up
to the dale ol signature ol the financd statements weie."
Hannah Genn
Rebecca Vvhrte
8elhany Jennings
Naznin Robinson
Barbara Workman
{Resigneil 6 December 2022)
None of the trustees has any benefval interest in the company. All of the trustees are members of the company
and guarantÈÈ lo contribule £1 in the event of a winding up. New IfLJStees are appotnted with Ihe agreement of
the existing ¢ru5tees.

CANAAN PROJECT
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
The chaity is overseen by the trustees, ￿th four paKI mem￿r$ of stall and thè essential help ofvolunleer
workers in Tower Hamlets.
The trustees, report was approved by the Board of Trustees.
nDah¢EnnlAwS.10!ji<!*GMT+AI
Hannah Gtnn
Trustee
Date(l." Apr5 2023

CANAAN PROJECT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CANAAN PROJECT
I report lo the Iruslees on my examination of the ffinanrial stalement5 of Canaan Proied Ilhe charity) for the year
ended 31 August 2022.
Responsibilities and basis of report
As the trustees of the chanty land also its direclors for the purposes of company law) Y¢￿ are responsible for the
preparation of the finanoal statements in accordance with the requiremenls of the CoMpan￿S Act 20(E Ilhe 2006
Act).
Having satisfied myself that thè financial sialernents of the charity are not required lo be audiled under Parl 16 01
the 2006 Act and are eligTrble lor independent examination. I report in ￿SpeCt of my examinalion of Ihe charitls
financial slaternenls carried out Under SeCt￿n 145 01 the Charities Act 2011 Ithe 2011 Act). In carrying out My
examination I have followed all the applicable DirethK)ns 9iven by the Charrty CommissK)n under sect*Jn 145151{bl
of the 2011 Act.
Independent examinefs ststèment
I have completed my examination. I confirm that no matters have come to my aitention in connection with the
examination giving me caLFse to believe Ihal in any material fespect".
accounting records were not kepl in respect of the charrty a5 requyed by seth.on 386 of the 20(￿ Act.. OT
the financial statements do not accord with thosè records. or
the financtal statements do not comply with the accounting requirements of section 396 of the 20[￿ Act olher
than any requiiemenl Ihal the accounls gNe a true and fair view wh￿h Ès not a matter considered as part of an
independent examination., Of
the financial 5talemeniS have noi been prepared in a¢¢ordanc2 wlh Ihe methods and principles ol ihe
Stalemènl of Recommènded Practice lor accounh.ny and reporting by charitie5 app110b￿ lo charities
preparing their 3ccounis in accordan¢e wrth the Finan¢Jal ReFQrting Standard applicabk in the UK an
Republ￿ of Ireland IFRS 1021.
. I have no concerns and have come acr055 rn other matter5 in thnnection wrth Iht examination to which attentson
uld be drawn in this report in order lo enable a proper understsndiro olthe finanoal statements to be reached.
Richard F Hopper
Charte￿d Accountsnt
4 Rhodla Clawdd Off
Denbigh
Denbighshire
LL16 4RJ

CANAAN PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
Unrestricted Restricted
funds
lund$
2022
2022
Total Unresthcted Re$tricted
funds
funds
2021
2021
Total
2022
2021
Notes
Income from..
Donations and legacies
Charitable a¢tivtties
Investments
1.928
36.479
20
1.928
68,379
20
2.743
53.479
2.743
92.471
31.9)0
38,992
Total in¢ome
38,427
31.9)0
70,327
56,228
38.992
95.220
Ex
nditure on=
Charitable activities
51.492
33.404
84,8
42.058
31.773
73.831
Net lexpenditurellincome for
the yearl
Net movement in funds
113.065}
(1.5041
(14,569)
14.170
7.219
21.389
Fund balances at 1 September
2L121
85,084
9.479
70,914
2.260
73,174
Fund balances at 31 Augusl
2022
72.019
7.975
79.994
85,084
9.479
94,563
The statèment of finanaal aCtivit￿S include5 am gains and losses recognised in the year.
All income and expendrtvre dèrive from eonbnLNng actmknes.
The statement ol finanual activities also ¢omplies with the requi￿rnents for an In￿rne and expenditure ac￿Unt
under the Companies Act 20(￿.

CANAAN PROJECT
BALANCE SHEET
AS AT31 AUGUST2022
2022
2021
Notes
Flxèd assets
Tangible a5set5
10
611
1.119
Current assets
Debtors
Cash at bank and in hand
11
4,861
89.301
2,120
102,905
94,162
105,025
Creditora.. amounts falling due within
onè yèar
12
114,779)
111.5811
Nel current assets
79.383
93,444
Totsl assets less ¢urrent Ilabllrties
79.994
94,563
Incomè lund$
Restricted funds
Unrestricted funds
14
7.975
72.019
9.479
85.084
79,994
94,563
The company Is entrtled lo the èxemption frcrfn the a￿111 requirement containtd in sects)n 477 01 the Companies Act
2006. for the year ended 31 Atjgust 2022.
The directors acknowledge their responsibilities lor cornplying Wth the reqU1￿MentS ol Ihe Companie5 Ad 2006
wilh respect to accounling record5 and Ihe preparalion of financial slalements.
The members have nol required the company lo obtain an audit ol its financial slatemenls lor ihe year in question in
accordance with seclion 476.
These fin8nual statements have been Pfepared in awdancè wilh the p(ovis￿￿$ appl￿b￿ to companies subject
lo Ihe small c4mp8nies regim¢.
Apr 5. 2023
The finan¢ial statements were approvpd by tht Trustèes on .........................
Hannah Genn
Trustee
mpany registration number 05425527
Type text here

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
Accounting policies
Charity information
Canaan Project is a prNale company limited by guaranlee incorporaled in England and Wale5. The iegistered
office is Lansbury Lodge, 117 Ricafdo Slfeet. London. E14 6EQ.
1.1 Accounting convention
The financial stalements have been prepa￿d in a¢cordan¢e wilh the charrlls tgovem1ng documenll. the
Companies Act 2006, FRS 1 D2 -The Financial Reporting Standard applicable tn the UK arld Republic of
Ireland. I"FRS 102,) and the Charrties SORP "Accounting and Reporting by Charittes.. Statement ol
Recommended Practice applicabje lo charities preparing their acLounts in accordan￿ wilh the Financial
Reporfing Standard applicat4e in Ihe UK and Republic of Ireland IFRS 102}" leffeclNe 1 January 20191. The
charily is a Public Benefrt Enlity as defined by FRS 102.
The charity has laken advanlage ol the provisions in the SORP for charities not lo prepare a Statement of
Cash Flows.
The financial statements are prepa￿￿ in sterh"rwJ, whth is the functional ¢ur(ency of the charity. Monetary
amounts in Ihese financial statemenls ace rounded to the nearest £.
The finanrial slalement5 hav* been prepare(l under the histonral cost conventioTh. Imodffied to include Ihe
revaluation of freehold properties and to include inve5tmenl propetlies and certain financial inslrurnents al 18ir
valuel- The principal 8ccountsng policies adopted are set out below.
1.2 Going concern
At the time of approwng Ihe finanaa stat•ments. Ihe IrLtstees have a reasonable expectation that the charity
has adequate resources to conthnue in operational existence tor the foreseeab￿ future. Thus the trustees
continue to adopt the going concern basis ol a¢¢ounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted fvnds are available for use at the discretion of the trustee5 in furtheranre ol their charitab
objecb"ves.
Re5trKteil funds are subject to ¢ondilions by donors as to how they may be used. The purposes and
uses ol the reslride(I funds are sel out in the noles to the ffir7ancial statements.
1.4 In¢omlny resources
It)come is recognised when the charily is legally entitled lo rt after any perfornwnce conditions have been met.
Ihe amounts can be measured reliabty. and rt is probabk that income will be received.
Cash dona*on5 are reGoyn75ed on receipt. Other donations are recognised once the charrty ha5 been notified
of the donation, unles5 perfomance cjjndrtions require deferral of the amount. Income tax recoverable in
relation to donations recerved under Grfl Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipl or otherwise il the charity ha5 been notified of an impending distribulion,
the amount is known, and receipt is expected. If the am￿nI is nol knvwn, the legacy is t￿aled as a
contingent asset.
1.5 Resourees expended
Financial liabilities and expendrtufe are rectynised in the arrount5 * the time when a commitment to make
payment is inoJrred.

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Accounling policie¥
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets ale inrtialty measured at cost and 5ubsequènlly measvred al usst or valuation, net of
depreaation and any Impairment 1055es.
Depreciation is recognised so as lo write oll Ihe cost (M valuaiion of assets less their residual values over their
uselLd lives on the lollowing bases".
Fixlures, [￿l￿g5 & equipment
Computtrrs
25°h p.a_ on cost
25% p.a. on cosi
The gain or Ios5 8rising on the disposal of arb asset is delemiined a5 Ihe difference belween the sale
proceeds and the carrying value of Ihe asset, and is recognised in the statement ol financial activilies.
1.7 Impairment of fixed assets
At each reporting end date. the charity rewews the carrying amounts of its tangibk assels to determine
whèther there is any indication that those assets have suffered an impaimienl loss. 11 any such indicatio
exists, the recoverable amount ol the asset is eslimated in order to delermine the extenl of the impairment
loss Irf anyl.
1.8 Cash and cash equivalents
Cash and cash equNalents indude cash in hand, deposits held at call with banks, othe¥ short-lerm liquid
Investrnents with original rnatunties of three monihs or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in ujrrent liabilities.
1.9 Financial instrumènts
The charity has elecled to appty the provisions of Section 11 'BaS￿ Finanual Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its finanaal inslrumenls.
Financial instrumen15 are recognised in Ihe chartys balance sheel when the charity becomes party lo ihe
contractual provisions of Ihe instwment.
Financial assets and liabililies are offset. wilh the nel amounls presented in the financial Statements. when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on
nel basis or to realise the asset and settle the liabilty simultaneousty.
Basic financial assets
8asic financial assets. wh￿h indude debtOf5 and cash and bank b8LHnGes. are initially measured at
transaction pr￿ including IransactKJn costs and are subsequentty carried at amortised cost using the
effective interest method unless the arrangemenl constitutes a ffinancing transactR)n, where the transaction is
measured al Ihe present value ol the future receipts discounted at a markel rate of interest. Financial assets
classified as receivable wthin one year are not amoth"sed.

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR ENDED 31 AUGUST 2022
A¢¢ounting policies
Icontrnuedl
sic fin3ncialliabililies
easic financial liabilities. induding credilors and bank bans are initialty recognised at traThsaction price unless
the arr3n9emenl Constitutes a financing transaction. Whe￿ the debt inslrumenl is rreasured al the present
value of the futu￿ payments discounted at a markel rate of interest. Financial liabilities classified as payable
wrfhin one year are not aMort￿ed.
Debt instruments are subsequentty carried at amortised cost, using the effective interest rate method.
Tradp creditors are obligations to pay lor gwds or services that have been acquired In the ordinary course of
operations from suppliers. Amunis payabte are dassrfied as current liabilities rf payment is due within one
year or less. 11 not. they are presented a5 non-cwrienl liabilities_ Trade creditors are iecognised initially at
transaction price and 5ubsequentty measured at arnorlised cost Us￿9 the efftdive interest method.
Derecognition of financialliabililies
Financial liabilities ale derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Retivement benefits
Payrnenls lo defined ￿trIbUIlDn retirement benefft schemes are charged a5 an expense as they tsll due.
Critical accounting estimates and judgements
In the application of the charity's accounting polic*s. the truslees are required to make judgemenls, eslirnates
and assumptions about Ihe carrying amount of assels and liabililies that a￿ not readily apparent from other
sources. The eslimales and assouated aSsUmpt￿nS are based on historical experience and othei factors that
are considered lo be relevant. Actual results may drfler from Ihese estimates.
The estimates and undertying assumplions are reviewe(l on an ongoing basis. Revisw)s to accounling
estimates are fecognised in the period In which the estimale is revised where the revision affects only Ihal
period, or in the period ol the rewsion and future periods Whe￿ the rewsN)n affects try)th ¢urrent and future
periods.
Donations and leg•¢ie$
Unrestricted Unrestricted
funds
fvnds
2022
2021
Donations and gfft$
Coronavirus grant income
1.928
1.087
1.656
1.928
2.743

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
c￿rI￿bIe aclivities
Giants
Grnnts
reteivablt receivable
2022
2021
Performance relatèd grants
68.379
92.471
Analysis by fvnd
Unrestricted funds
Resliicted hjnds
36.479
31,9C
53,479
38,992
68.379
92,471
Investments
Unrestricted UnrestTiCted
funds
funds
2022
2021
Intere51 receivab
20
10-

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2022
Charitsble a¢tivities
Youth
activities
2022
Youth
•ctivities
2021
staff costs
Direct project ￿StS
$4,451
13,273
55,709
4.883
67.724
60,592
Share of support cosls (see note n
Share of govemance costs (see nole 71
15,673
1,499
12.184
1,055
84,8
73.831
Analysis by fund
Unreslricted lund5
Restr￿ted funds
51.492
33,404
42,058
31,773
84,8
73,831
For the year ended 31 August 2021
Unrestncted funds
ReSt￿ted funds
42.058
31.773
73.831

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
Support costs
Support Govemance
Costs
costs
2022
Support Governance
costs
osts
2021
Slaff costs
Depreciation
Premises and equipmenl
expenses
Administraiwe expenses
5.825
5,825
4,880
681
4,880
681
7.830
1.510
7,830
1,510
4.598
2,025
4,598
2.025
Accountancy
Trusteès. expenses
1.020
479
1,020
479
960
95
95
15,673
1.499
17.172
12.184
1.055
13.239
Analysed be￿een
Charitable actiwkn.es
15,673
1.499
17,172
12,184
1.055
13.239
Govemance costs includes payments to Ihe independent examiner of £1.02012021- £9601 for tndependent
examination and accAJuntancy fees.
Trustees
None ol the trustees lor any peisons connected with them) receNed any remuneration or reimbursernent of
expenses dufing the year.
Employees
The average monthly ntsmbef ofemph)yees during the year was".
2022
Ilumber
2021
Number
Youth work
AdminiStrat￿n
Total
Employment costs
2Q22
2021
Wages and 5alarres
Social security ¢ost$
Other pension CA￿tS
57.178
55.865
1.556
3,168
3,098
60,276
60,589
There werè no employees whose annua remuneration was MO￿ than E60.C(KI.
12-

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
10 Tangiblè fixed assets
Flxturgs,
f*iings &
Comput¢
Total
C¢$t
At 1 Seplember 2021
401
4,515
4,916
At 31 Au9USt 2022
401
4,515
4,916
O*prÈeiation and Im￿l￿ertt
At 1 September 2021
OepreGialion tharged in the year
399
3,398
3,797
508
At 31 Augusl 2022
401
4,305
Carrying amount
Al 31 Augusl 2022
611
611
Al 31 Augusl 2021
1.117
1,119
11 Debtoys
2022
2021
Amounts falling due within onè yèar.
Other debtors
Prepayments and accwed income
4,230
631
135
1,985
4,861
2,120
12 Creditors.. amounts lalling due within one year
2022
2021
Notes
DèferrÈd income
Trade creditors
Other creditors
Accruals
13
12.(K
388
832
1.559
7,000
2,144
1.477
960
14.779
11,581
13 Oeferred Income
2022
2021
Other deferred income
12,000
7,000
13-

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2022
13 Oelerred income
(Continued)
Deferred in¢ome is induded in the ffinanual statements as fol(Avs'.
2022
2021
Deferred income is induded within".
Current liab￿ltieS
12,OC
7,000
Movements in the year".
DeleTred income al 1 Septembèr 2021
Re￿aSed from previous periods
Resource5 delerred in the year
7,0(Kt
17.OC(JI
12.000
19,692
119,6921
7,000
Deferred income at 31 August 2022
12.000
7.000
Oefeired ￿coMe is grant income re¢eNed frcrfn fvThJers whith they intend lo be spenl in the next financial
year.
14 Re$tri¢ted funds
The income lunds ol Ihe charity indude restricted funds comprisng Ihe followng unexpended balances of
donatmjns and grants held on trusl for speciffic purposes..
Movement in lunds
Movement in funds
In¢tynlng Resourc￿ ￿nce at
Incornlng
Rosour¢gs
resourtes expend•d 1 SeptÈmber rnsources
2021
Balanc• at
1 Sèptember
2020
Balan¢e at
31 August
2022
Youth
workers
Other dire
proiecl costs
Equipment
38.992
131.167)
7.825
31.
131,7501
7,975
14461
11601
1.652
11.6521
121
162
2,260
38.992
(31,7731
9,479
31.9))
133,4041
7.975
14_

CANAAN PROJECT
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
15 Analysis ol net assets belween funds
Unrestricted Restricted
fvnds
lunds
2022
2022
Totsl Unrestricted
fvnds
2021
RestrictÈd
funds
2021
Total
2022
2021
Fund balar￿e$ al 31
August 2022 are
represented by..
Tangible assets
Current asselsllliabilitiesl
611
71.408
611
79.383
1,117
83.￿7
1,119
93.444
7.975
9.477
72.019
7.975
79.994
85,084
9,479
94,563
16 Related party transactions
There were no disd05able related party transac1￿n5 during the year {2021 - none).
15-