REGISTERED COMPANY NVMBER.- 06959615 (England and Wal•sl REGISTERED CHARITY NUMBER.- 1133337 REPORT OF THE TRUSTEES AND FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE CHRISTADELPHIAN MEAL-Ai)AY FUND Johnscn Tidsall L*mited Charter￿1 Accountants & Sithtw AudTrtc 818urton Road Derby Derbyshi I￿1 1TJ THE CHRISTADELPHIAN MEAL-A-DAY FUND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 P•99 Roport ol tho Trust•g8 1 ￿ 7 Roport of th• Indop•nd•nt Audlto 8 ￿ 11 Statwnent of Fina￿la1 Athili•s 12 Balanc• Sh￿t 13 Cash Flow Statwnent 14 Not•¥ to tho Cash Fl¢Mf StalBrn•nt 15 P4ot•S to the Financial Statements 16 10 26 THE CHRISTADELPHIAN uEAL-A￿Ay FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEh18ER 2024 The Ir￿lee$, w￿￿9 a￿ also direiAors of lh¢ for the purposes ol Ihe kl 2C4)6. present tsir report ￿1h the financial siai8matts of thÈ tharity for the year 8TrJ8d 31 December ￿24 The Irustees have èLlopted Ihe provisk)ns ol ACC￿nI￿g Reporting iry c￿¥14*$". Slalemenl of Recornrneryjed Prathre apphGatHe 10 charities p￿p8ftrvj Ifeir attounis In aco)¥dan¢e w¢h the Finanual Reportlrg StaTrJard applKable in the UK Rewbl¢ of trelaThJ IFRS 1021 leflecbve 1 JanLOry 20191 OWECTIVES AND ACTMTIES Mission $tat•m•nt 'Ow intent is. as a vMtnes5 ID io share the rec*ve Irorn God thos? th are reod In IhE lÈSs4eve￿ped p8rts of the *YJrld' CharSty's obieclvtrs We seek lo benefit Peop￿ and COnllLmth5 Ihwh $LtstsThble. ¢knvrpto*wth kxjl prwects. o help 10 rèl¢ve the effects ol hweer. dis6as*. disobrfity. destitutw and homelessngSS'. o pro￿te a9rtuttvre. c*an waier. b8* ￿allI￿re ed￿￿t￿n". o encouiage Sh￿￿J, leanThr£ and to olhers commwwty de*sm8nt. Con5ewently, we k￿uS on thB reliefof need of tr* pthatAWts of deVe1w￿ tworta CO￿trieS INmei ￿habtsrt5 01S￿h couniri95 Our 014'eciryo5 are rK)t aIrn￿ at In emer9erw and disaster telief situatlDn5 or the witn￿5 lo ow l#th. bul we kaise wilh oll*r thants¢s the C￿SIade1￿8n s￿￿lIan FuThd aTrJ tk* c￿ls18delptr1an Bth MJSS￿A, which are reS￿b¥ety ft¢Ltss&J ¢)n afea5 Principal ¥roas of work The tharitvs is on Thell*oveired. Kxawyrymanw IIevek)K*M￿l [￿j￿ts in th"¢a. We also work in Europe and the Middle Easi arxl altewatg po¥wty s￿r￿j ty immwyants m¢0 Europe. In we have svpwjrted projects in 12 couninos in 2024. In AlrKa, lh8 charity has threclty SWFQrt•d: . 14 eaty child developrnert pwogtammes fv)r we-sctr#JY th"&knn: 13 adLIt literacy classes. . six sckK)oL5. two ol wh¢h have ￿￿dIr￿J.. one prgltsminanty for di58tAed chddren •N1 ￿l￿er lor vulneraNe ctrMk*en". - ¢hikJr*n'$ ￿M¢s. . sckool feediro progr8mmes." - Iw) k¥ogiammes for *pro5y and TB sukpyt.. . one programme to SUPFQrt Vul￿r*¢ streei cNharen.' . one een1r* for di5abbJ ch*Jren. ai¥J - one materThty eh"nt. Th8 I￿Sta*S do rN)t havè or seelL to Èxercise ujnlnl o%*rary propcts. 85 Ih"8 li2s ￿1h kxal IM)ards or p8rh)ers. S8parat8. indepewKlert Chvi5t*J*lw Meal a Oay rtwftties opwal• ￿ ALkStraha Icoverwry Asia arvJ Pacthcl gtKI the USA l(overiTrJ Canada. North Soulh Arn•￿ aThJ Cwibbeanl. Prfnclpal lundlThJ soure•s rhe ch8rity opeoles 88 a ILnJ in *tsre vffj praomn8ndy receive don8￿n$ from members of the chilslade￿knan churches. PublK Benefit tfUStees have ￿erred lo th8 irdonn81KJn C￿181￿ in the Chwity Commi5won's ger*r81 gLtyJ3nce on ￿r￿IllS when loviewing tho chant15 3ims and Ob￿￿V@s. Th• IruS￿E5 kx>k to a55855 that p￿lect5 cornply vAlh ¢)ur 04ecbvg5. sustainable ¢Jeliver long tevwn bwefits to ￿ra1 ciwnmwiitEs ar¥J operate sen5ItNe￿ ￿ their culture aThJ conlexl. The proieds suppjrted by chanty are open to all muni￿5 ¢4 kscal c￿￿l￿lty wherE the proiEct 15 Situated. pro￿ded Ilw meei the need criieria. Mèmbwshp olthe C￿ls18d81ph1•n (x)nwunrty is rwer any of p￿req￿slI¢. Page 1 THE CHRISTADELPHIAN MEAL-A-DAY FUND REPORT OF THE TRUSTEES FOR THE YEAR eNDeD 31 DECEPa8ER 2024 ACHIEVEMENT ANL) PERFORIAAIKE Ch•rltable actt¥ltl*s In 2024. the tharily r￿mn￿lled 9rant fuTrJirg of £894.44212023. £848.315110 a fange ol prctects in 12 tlmmlries. Th"s bs up 5% on 18v815 grarted In 2023 ar￿ 5°* on tl* average 9rants over Ihe Mst ekjhl yeaT5. We avwty5e our grant e¥perNJrture ￿ Several way5 fvpaTrtive5 for 2023 are 51XP￿ In lyackels W￿￿e a¥aAaE4e. y our obj¢cti¥es. Fedry water wojects for 30Qh 137Y.I. IK)mes. rmphanw arKI edv¢aticffi 42%141%1.' and medKal. hy9iene community selphelp woi¢cts 28% 122%). The trustees seek ￿ erowe ihal each of our objeciives broad￿ receivgs a level of S4JForL L￿1 Ihe rA)Sts in l*xnes. orfvn485 and edWa￿n prevail kns. y Iho natur• of expeThJiture. cosis 81%17￿￿)". Cwal Thesiwt 18% 123%) aTrJ repay and Ma￿tenanCe 1% 11%). y CO￿trY. Kenya 55% 170%). Serra L&)ne 16% 110%). CamerrK#) 15% 18%). GhwK4 4% 15'AI Ihe ba130ce of 5petvJir¥3 in AltiGa, Europ¢ and ihe ￿le East y partner ThroL8h one ofour charths 17%118%1'. direct •) projxt tty)ards 83%18Yhl. y f￿r* ¢ornmitin•ntr. Pn￿3 th* rewre C4)mMi¥n￿￿B6%l64%j." tsne-tsff yoiects 14%116%1. We to ts)mmurta* wrth ambass&1ors. w arwal gerwal meets"rvJ. aThJ P￿se￿i￿j upd8tes ai churches acmss the UK. The Irttslees mcffiilof Ihal each to operate lo fv.gh slaThJaffls of operatiDn. child saf8guardiTra. ar* empk)yrnent vac1￿& WDwal8 to the area aTrJ oxntry corcemed. Teaffts vtsiled Kenya in the year to review ano suppori severa¢ projecis. The Charity has SUPFVrt￿ projecls njn by 9 patheTS n 2024 ar¥J 11 wtners n 2023 th) wgre.. AshathT Develokmmenl, Chrislh8n 811￿￿ Miss*Jn. Chrislm Witte￿1 Fthe ViSiliTrJ SeNth. Cornmw•ties lThtwlive FaCil￿at￿n Assistance. G)mmunity Outreach Program Trusl. Gljbal Care, Kanaaffja knterxlrye Comrnw¥ly Kenya Rainwater Associath)n, Motwaiign, Partners in Educa￿. Ripple Effeci, Toc4s for Sell.Relk2nce and Wlw KK1s United. Workmg with partnèrs 8nabl85 the ¢hanty kn admeve rts otyttthves on a larp scale arnj vAh trwer Iton dirsxtly. We a￿ very privi￿ed to be awe to tjiredly support in g)me ovw 2.200 &1ults arKI 10.700 c4)￿ren aThJ provwJe fuThas for over 1.019.WO meals a year. In addwn. ty￿0￿h our ¢h8nty partwrs, we he*J supr<)rt a f(11her 2.900 and 6,91K> clildren. More infornat•Jn atout prDjecl8 by knE ILnJ. irthlwYJ news￿kn, can be found on the chantys si18 . ¥Nrn.m•a-84Jay.¢rg R•port$ to thg Ch*ity Cdmmlssion In FeboBry 2024 (tharity report&J to Qwrity Cornmb5SK)n alegaty)￿ rn•Je at*xrt Staff memLErs at LeLq thldren's Home. These siaff have been w)vesiigated and we s*J to rep)rt Ihat we have ceased fL*¥JirvJ 11)e prttieci. as havtr our co. dow￿[. A9ape in Act￿n. As stewards ofdonors. fvrKJs arKI as 8 matter ol 9X￿ ￿JVemar￿e. fv tntslees arxl meryoers of the managemeni committee seek lo s(Jenify kw lear¢wrys from 1rN¢s1iJali¢y￿ aAsir¥J from whi$￿e*￿)￿￿$. lo ensure trai processes are char¥ed 10 minimise the risk of Howver, bt be thai an s￿h be rx•mrleiety re￿V Page 2 THE CHRISTADELPHIAN MEAL-A-DAY FUND REPORT OF THE TRUSTEES FOR THe YEAR ENDED 31 DECENJ8ER 2024 FINANCIAL REVIEW Flnanclal Y•¥lew The truslees conshyer the performarte ￿ be satsfaaory. They have ￿ r*e kty k￿y￿leS. undertake app￿priate risk assessmenL8 arKI love rrthlhfy bj 8￿tsre appropnaie tbmely managemènt inlormalNJn is available. IrK(xne wa5 £79S 000. 8boYe 20231£729 7851. Thts ￿ffle is made up of Cat￿￿, re￿lar donalhxs and one-ori donations Regubai donalijrrs from thutd* were 1% gi £578.405 12023 . t584.8181 aThJ one-oN donalions s￿h as kgaci¢s [*0￿￿1$ catthi r￿tra$. up 49% 10 £216.591 12023 - £144.9671. Both cat930r￿S ar• do4￿ 8% on the e￿h1-year average. Wt *e very grate1￿ lor r￿)e￿ft donaborts. or caiMtsI [￿je￿$. Rewkr income is a key measure lor us as it ts thk% Ihai Ivnos Ihe k)WTemi pwts 8WI ￿nstraiN$ wouk1 be iequireo Shou￿ fegular incxjme Iroquentty fall below anrwtj kM¥J.ierni costs In 2024. regular Income was 75•h of grants made to bng.iem) project giants. Irom in 2023 2022 T￿* Is due to Ihe complexty of projects incrgasiry ￿ hish local inflation t bÈirKJ offset try a stroryer rKJwM1 or mng ir￿￿ 18vds. In Novèmber each year. lh8 trustees carefLAly cortsider regular income I?￿ls. Ihe value of unrestrKted fU￿S and ne•Js ol Ihe wojects L￿￿? aloCat￿9 grants *Jr lh8 followirg year Trustees rnade commitments to kyxj tstm pro@$ for 2025 amcrtjnbro lo £705.145. The wular wim8 r•ceiv8tJ in 2024 covered ol kn94ern kwect5' opevabng cosis. Totsi emper￿ltUre I￿ll￿1[￿j Ptoject emperrfjitu￿ dw¥ssed atr￿)￿. was £993.42812023- £84e,5791 after extharwJe losses ol £68.201 12023 gain- £49.4631. InVes￿ent gafft am(tht•l to £8 12023 . £21. Th8 total ￿serVeS decreased by Ihe bss ￿ the yeai of £198.42012023105s- £118.792110 £469.036. Olthi5 £26,325 ￿8 ￿sts￿led fw•15 ksr $petif￿ proi8cts. Proiecl expendilvre relates to commiiments m*Je to prciects in ￿ one yeaf. ts furfs often beiry sent in the fo*)wiNJ year. More fftbmialk)n * availatAe in Nole 7 b the ac£ounl5. Expenth14we on raisw fwds. ¢Jirecl costs gOv￿￿e o)sts 15 carefijty conlrollv•a aryl amowrted 10 4.0% of don8t*)n5 and legacy irroffle This ￿ knver Ilwn 6 8% in 2023 as IIM5 ￿Pres0￿￿ a huh nurn￿r of pfoj&Et Ill5it5 folk)wiry Covkl 19. Overall. 4.￿kn refflect5 Ihat ol the *rrk d tt* ¢tharty 15 urMJ*tsken by ￿)l￿tEerS èrxj th￿ it dDe5 nLIt Incui spjrtthcani cosis in lurKSfai&ry. Tr••sury poll¢y 11 is Ihe rrt)licy ol the charhy io carelulty rn¢￿￿0r and m•)age expJsL*e io forew exchaThJe movements. ensure 5uFfieient ash ￿ avaL3b18 for 5hort-teffli needs p*e *Jdilw)nal *) gain a ￿tuM commensurate wlh the risk. The charity has appointed h¥0 a uJrrency w)¥xJer the ch¥ty ¥4ainsl the 14sk fl •ry IvWf* ￿l*le￿I ￿lIK>rawal of bankiry arr3ngorn8fbts and keep these th1er r￿e￿. R•$•rw$ pdlcy The Irustees are aware ol the v￿lab* nature of its (k)naled irwne •KI ts es￿1011r¥j c051s of food arKI lobour in our p￿1¢¢1$ in Africa. Conseyrty, as ex1sai￿ abovg. IW s¢¢k lo balarte propcts Ih2t are 0￿-Off aTrJ th9$9 long-i?m) projects that wesent an oNJ(Mn9 financkfil obknJalH)n 8Th1 ¢h8t are adequate to manrfe a dedine in incorne. At 31 Oecember 2024. our reswves equa* b) 6.5 fft￿nIhs 12023- 12.3 nyffilhsl of operalir8 0)sts for ouc long-krm projects aThJ cash fomard ¢))nlr&ts equale to 17.2 ofcA)ver. The tr￿lee9 are o)ntenl with th￿ I￿e1 of cover. InC￿ded in the total IL￿ baL9￿e as al 31 December 2024 t5 È28.Y2512023- £3.6741 WJ in rtr5trithd fuTrJs. rep[￿nting restricted donalM)ns receNed. *thich *ill be passed on by the trtssttts to appropnate pmjects thèt %tord with Ihe stated wishes of the do￿1 arKJ wlh the ain5 ar¥J ots"ectNes of the dwrity. The of Ihe Iwds al 31 Decembpr 2024 or £442.711 are Yiee, ￿$È￿e$, are avalable 10 be used by for projetts meeiry Iho aims obieciives of the charity. Page 3 THE CHRISTADELPHIAN MEAL-A-DAY FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REViEW Golng CO￿81n As al 31 Mavch 202S. ¢hanty has cash bal￿$ of £1.021.(W. ol ￿lch I￿1 £423.(KK) is alk)Cal￿ ￿ app￿v*￿ prqects In(x)me for the fi(st quart81 of 2025 wa5 £177.(110. ol whth regu￿ Iwjme ts 2 6 A Iighef Ihan the same penod in 2024. 0 th￿ basis trustees have (x)ndu#ed that d 15 re&%)n3t4e lo assume Ihal Ihe charrty ￿11 conbnw Io operate and m88t rts li8￿111￿ a$ they lall due lor al leasl the 12 wrf)rth5 loJk)wry thB da18 of apwoval ol Ih85e I￿ancial slal8Nvan15 and. IherBfor8. Ihal the go￿9 c￿￿ern bg$Ns ts PTeparaly)n of fiwoal strt￿ts ts apprormote Post balance sh••t •wnts We a￿ sad to report trat we have ￿ased fundsr#J of Lela CMJren'$ as has our trJ4ornr. Agape n Acknon We fund projects whefe we support Ihew purwse aTrJ have ¢onf¥Jerte In Ihe btsard of marogernenl ltr g)verTr them wdl DLhing the last year. we have knsl (x)nfKJence In of rnana9omenl at¥J &ier wth the iw)ard Otstt¢t authoribgs and makiry provL%K)n for Ihe th1d1￿. have ceased 10 furo Ihe pffjjeet. PLANS FOR 202$A￿ BEYONO In es￿bIth1n9 t4ans. Ihe ￿n¥￿Ie¢ed se¥eral fadors The tr￿l￿eS h8¥e for rn8ny years recogrffjed thai tt* mapr risls ofJ* (4wty KJ we lu￿1. ffj thai W*y." - knleiacl Iwth vulnerab* peO￿e coukj te e¥￿Sed ￿ aiwjse . Rely on kncal bo*ds lo man*Je arno￿ of luTh1$ %¥lh aTrJ *fv5e sklts may and devel(yneni . Need k) operole Iota and Ihe skongty regdated th•ity s￿$T UK Ovèr the past five yea￿. we have èxpw0￿&j L4SLW In wrilhjrnwn as bcal ￿v￿M3n¢0 affangemenis do nol rneel our crileiia. Sècondty. Kenya has a*0 Inty(Ktu¢ed w legi￿a￿n. Edu¢aiK)n &1. 2024 and The ¢￿￿[en Aci. 2022. Ihal d¢mart¢$ hhjher standards trorn prEsJ￿ ￿arth. F￿w Trwe51JnEnt ￿ sclw15 and a rnove *vay frDm thILlrEns IK)rne5 to f05tering Finally. the Income of ￿ charly has rnl pace wmh the ￿rea￿*3 ojsls complexity ol woiects. Wth kn's ba¢WouTrJ. the Iruslee5 have e5tablisl*d the k>lbv*v¥J three.yeai aMbIt￿n$.. . Art)itron 1 Cortinuo to Improve SalegwdiThJ - Ambilion 2 Impiove Pro￿1 &)ards - AtrilNt#)n 3 lrnprtb¥e communtslxpn wilh our (k￿￿a)rI￿7Mfv The sa18￿9rd•rvj of th￿ren li rw4ects ts tyjr l*si wity. We have the gwouThY traiw for stsN and thikyren in larye WDiects. el¥)￿r￿ed thtthn ol arKI recorilment of sockgl w(xker5. ￿mI trainiw ol UK Iwsiees io supplemeni DBS ¢*e¢ks. wNures do rnt ah¥ays $algJuard clxldren. ￿￿t many counlrie5 have recwtly inknI￿ed new le91¥al￿Tr to rHot￿l Th3trts. We aim b) furthw syort propd boards. staff ￿ chiklw in our seven ￿1&X prcieds to meel rw lekisl3t￿n arKI adopl 8 cvllwe thal protects chihjren. decisvro to lund proiects are based on the mdits ol the project Ihe s*reWh ol Ihe Pfoiect t¥)ard. Pwject boards need to be able lo manage i￿reasi￿ty complex rreet Iwjlrr arKJ provide ongoiry elfedive oversighl 1¢ projeth. We raquiie an irtreas8d *¥el ol asswarte Imm profftd boards in many aroas, induding S8feguard*YJ, Iinances, suc¢e$5K)n ar￿ th8 thalw the pr¢vaiiry ojturn whth restricts ovets*Jhl. We aim to Sukwrt p￿Ie¢l trKbards ol ow ￿MPleX voi￿1$ ky the r6yuiiwJ I9¥￿ ol governance wthil Mant?￿1r￿j ¥tror¥J sponsofshp links to kl kee￿￿j pace wdh ￿$ts. w)Iw&ialty l) a s(x)pe in wipcts or a numberofpffj The fflembers of fflana9eme￿ ￿mMittee o)nbnL*Ity roviow a ulmpr0￿rlW¢ rsk rogisièr of ￿rategiC. fM)artièl operational risks and have estabhshed resFK)nsitikties. syslams ￿￿ed￿re5 lo many Ihese. Ow rA)mpharte director oporatos os a norkexec4INe ￿ provbjes chaMer¥JetO ￿ F￿0ceSses. risk rnan•3emenl and control%. The managemenl committee Trjrrnalty seeks lo milwjate ￿kS by visiliry mapjr 0ThJ￿￿j projects regukty. aThJ by oblaining qualily financial and op8rational leedback lrnrn al woiects and ￿rtners. Trainiro ￿ mentonn9 gNen to Ic￿1 bDards of govemors where appmproie seek to ensure ttre surgNts proiects by SLNtably oualif*d peDple aTKI adner5. These 9gnif￿an1 repLAalK)nal risks. wh"151 r￿1 ab￿ to be elftmnaled. afe carefulty m￿aged anEI the mantyw))ent ¢ommitlee seeks to matnlan ltr* West W ofg)vernar￿ for tha prolection ol our proiecl b8n8fKiaries our rewtalion. ApprKiation The %hYJrk of charily be ￿knteers. PJKI t￿ *vrk ot al ts m3nagerrert commiuee. members arf finance team is ffl￿h aFyegaled. P￿e5 THE CHRISTADELPHIAN MEAL-A-DAY FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 DECEM8ER 2024 REFERENCE AND AOMINISYRATIVE DETAILS Regl$tered Company n￿b•r 06959615 IErKJland and waesi R•oister•d Charfty n￿b•1 1133337 R•916ter•d olficg 81 Burton Ro De￿Y Dorbyshire DE1 1TJ Trustee The members ol the mana9ernern tommrttee seryirg dun￿ tha year the year afft as lonows. Trnstee• R 8ezanl R ChurchiN J Dale Soea Pd Easl M Ford C Lawrence P Lawrenc8 T Roulledge R Walker S Walkei L Whilehom Treaswer Chaimian Company S￿etsry Ire¥wd 8 JLffte 2024) 8 June ?024) (resig￿ 23 February 20251 Charity M•mbEr¥ A BroDker E Brooker De Witt E Huckaul C K8nt S Kenl NA Perrym B Walker The tcThparpi's arttles reqLMr• Ihat t￿re $￿Uld be not ￿5$ Ihan Ihree Tr)t more tlw fifte8n trustees. New tr￿let5 arKJ members of the managwn•nt ¢ommilt8e a￿ apwint6d by approval of the after an open recrLHlment pro￿5. Inlervmy aThJ aller*Yance at Iwrj ￿g￿￿ent corn￿1[ee meebrw. The day404ay rest￿roIb￿fy for ma￿en￿rt of the ¢h* ts delegw ex￿Ative ￿rnmIttee. There are ¢)JiMIty 44 memters of the chaTty are by thè trustees a￿1 have tho ri9hl. W￿rg51 ot￿r$. atlend and votè al the anThJal gener* me&tivJ aFKI aprKJ¥rt Wuskn. Audllor• joh￿on T￿$#41 Lvnrted Chartered AccLMJntants & Stalutory AL¥Jil 81 Burton Ro Derby Dertjyshire DE1 ITJ THE CHR1STADELP￿N MEAL-A-DAY FUM) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENT OF TRUSTEES. RespoNSWLtrEs trustees Iwtho ore akn ￿ dw8Ctots of Th• Chrlslèjè￿1WaTr Mea A Day Fund purpose5 of ccthwy lawl are Spons*)￿ fv)r pr￿*)ng t￿ R•FrfXt ol Tntst￿ and the ffin￿ staomnts m &¢ord￿¢¥ wrth apFIKabb Igw and Uniled KngJom PL¢ounthng sioTrl¥ds (UTh*d Krykn kc*Fled AccourthrvJ pr￿￿#). Cofflparhy law roquir•s Il* tntytéos to wepar• financial $lthenls For each firwo¥ y•ar vh*ch gNe 8 trug aryl fair ol th? state of arrairs of the Ch￿)'13blè cr￿p￿ry ol thg resotsK•s and ar•katon of resourees. irtduding Ihe irteornè and e4)ènditwe. ol ts dwrtst48 c¢*Th)arty that pèn(4. In preparirrfj h)80 fin￿4 Ststements the Iruslws are r•q￿re￿ 10." . $818ct siitrdble accvjnts'ry pdries #rvJ tW wpty Ihem cfjwtth., *)bserve Ihe metltsjs and prnKip*s in Ihe Charity SORP. m*e jud9emonts èstimates that are re8son*Ae aThJ pn*tsnL 1xepa￿ the finanoal stalgrnents ￿ the wr¥J c•ncem basis it 1% to prnathi• that the charits ¢ompary *fjll continu• in busi*ss. The tsuste8s are r85ponsibl& for keapiry propw #c￿ni"l¥j records. wh¢* rftsdose ￿ rèo8on8ble act￿￿Y •t any time Ihe financial ptssit￿ gf the c¢wny and enat4e them to w￿￿re Ihai fin*Kial statements compty wilh lh¢ Aci 2(￿. Thffjf ar8 a150 r8SFx)￿th Icf safeguathg thè ossels ol ¢ryrwThy and he￿ IOT reasonable Steps lor t￿ detect*￿ offraud aThJ irTogulwties. In so lar a5 Ihe tru51ee$ we w¥e'. there is no relevant auth"t in1amll￿ ofwhth Ihe rkn*ab* •JJi1ty5 ¥e tm•￿., aN1 the trn$tees have t*en sl St￿ ihai tw oyght lo ha4E tsken to make Ilwnsehs aware ol any reknnt Budil inform*'cffj aTrJ lo esthblish that audrtors are ¥ware ol M inlormab"on. This f•WJrt has boen prepared in XCOrdar￿ 5PEual of Part 15 ot tho cornpan￿ XJ06 ￿lats"r¥j to Small companw. V4L loi c ordor ofthe t)o¥d of1￿¢1•9$ on ......................................_..... t*) its bthallby. Poge 7 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHRISTADELPHIAN MEAL.A.DAY FUNO Oplnlon We have aL￿lled Ihe finatTh)al siaiemeN$ of Chrisiwje¥4)I￿ Meal A Oay FLTh1 (the Charilab￿ cAmpanYI for Ihe ygai ded 31 December 2024. wtrich ts)mwtse Ihe Sta*n*ni of Finartial Acliwl￿. ts 8818r￿ Sheet Ihe Cash FIDW Siaternent noles lo the f￿ar￿la1 statements. incknYiThJ a smimary ol sgnrfwt aceountiry pofKEs The finanoal repx7rling fiamewDrk Ihal has b8en apF*'ed in Ihw pieparal*￿ i5 aprArAble IAW arKI unit￿ Accwiliru Slanc13rds Iuniled KI￿yo￿ Generally Accepted kwtiryJ Pr8ciKel. In our opimn lh& finanaal 5tatemÈrts'. givg a Irue aThJ fail view of the stste of th8 coftwnls affaits as * 31 DKember 2024 aThJ of Its Incorn resources applica￿)Th ol wources. ris income and expetwjiture. for Ihe yew then ended.. liave been prwerly prepargj in accord￿ Wilh Urnted Krylom Gewaty Accepted Accounbr¥J P￿ctice." and have b8en pr8paied in ac￿rdance wilh the requwements of the Comparies Act 20C6. Ba515 lor ¢)pinion We conductéd (Mjf audrf in accordante with IntomatiorL91 siaThYards on AwlrfiwJ IiM(I {¢SAs IVKII and applicable law. our re5pDnsibililiE5 UtKler I￿Se 51arKlard5 a￿ further descnw ￿ Ihe aLKIrt0￿. re$F￿nsIbIlI￿S f(x a￿11 ol Ihe fina￿lar sialernents sectic￿ of our reFort. We a￿ Irmlepertenl of Ihe Chantab￿ company in accordwte wth the ethKal requirements that are rel￿an1 to our athyil of the fina￿•31 Stat￿nts in UK. Ir￿1￿j1￿) FRCS El￿￿81 Standa￿. and we h8ve lulfilled our olher ethic￿ reswr61bi￿f￿s ￿ accordance with these reqW￿lS. We be￿thfa thal ts •Jdrt ￿en￿9 we have obtai￿￿ is sulfio8nl aThJ appr[bP￿￿Io to pro¥wJé a ba5i5 ts our ry)in￿. concl￿￿On$ r•latlng to golng conc•rn In auditing the financial slalements. we have condLwJad thal ts trustees. ￿ of (£rtem bèsis of accounlry In the prepara1￿n ol Ihe finanoal slatem￿ts Ls apwwiaie. 8ased on the woik we have port￿Tr￿1. have rK)i Ide￿￿￿ arty m*eml UnCerta￿tieS re￿1￿￿ lo events or wTh1rtiDns thal. iThlividually or c￿leCt￿elY. may cast sigrifKanl dwbt ￿ the ¢harila￿ ¢(ffipa¥rf5 abdty to cont•we as a going cmcem for pel￿d of al leasl IweFve frorn ￿ Ihgfironclal siakments are aul￿rised lof issue Ow resp￿SibIlItieS and the ￿sPons￿￿￿S of ts Intslees with resptd to wirvj are de5uibed ￿ the resevanl Sèct￿￿5 of this r¢pK)d. Otmr infomiAtlon The Iruslees are rewnsit4e lor the olher nrf)miatDn. The Ot￿r infomvtKN) ctynprises the In Ihe Annual Report, olher than the finarKial 51atemerrt5 and our RgrKJrt of tl* lThJepeTrJeniAL#JIlO¢S lh￿n. Our opiryon on Ihe firwrKial Slater￿￿t5 1k>e5 rw)t cover Ihe other inh)rmation aTrJ. excepi to the exteni otherwise expllltly stated ￿ wr report. rnioxpress ary kjim olassstsance cort￿51)n ther￿n. CA)nneC￿n wilh our a￿j1{ of the rMa￿la1 ststsynwis. our r*￿r￿111ty ￿ to read the other Infornation and. in doing so. id8r whether the Ot￿r irformalion is matwi¥ty IrwnsisienL wlh the sIalwT￿rts or our knDwledge obtained in the audit or otherwise appears to te m*iiaty mi5Stated. If we ￿enIty s￿h malwd Yulnsis￿￿ieS or 3ppareni material misslatemenls. *e are iequiled lo delermine whelhew lh￿ gNe5 rise Iv a mateiiol m155ts1ernent In Ihe fina￿la1 $tatemenls Ih•tnselve5. 11. based on ihe wovk we perfotme¢J. we thal Ihere is a matsrial rNssta1em￿l of this other informab'oo we are reqwed lo retmyt thai fact We tr4ave io reFfKt In Iho rega￿. Oplnlons on olh•r matt•rs pr•s¢rfb•d by th• eomp•nlos Aet 2006 In ovropMnK)n. based on the ￿￿ettsken in the co4w5e ol the th? infom)alion given in the Report ol Ihe TrLsiees for the ffft8noal year k){ Iho finwKial 51atem8nts are prepa(8d is rJ)nsislenl w￿th the fina￿481 slaternenls". arKI the Rep)rt oflhe Twstee5 ha5 been prepared in ar￿￿a￿e￿ih aWtab* Wl ￿Wire￿￿k￿. Mattor$ on whl¢h wo •rn r•tylr•d to rwrt by •x¢•p In the I￿h1 of the krh)wledge ¥rMI m1etslarK￿ffj of Ibe c￿laNe comwy en¥¥L￿M￿nI obtaThd In tr* ￿)Urse of the audit. we have ￿entified malerial missiatem*)Is Rwrt ol il* Trustees. We have rwJtNng lo ￿￿ort in of mattots whtrB Comparies Acl 2Crf)6 to re￿rt to YDU il, in our opink)n'. adequate aco)unfy"ry records have rKJt been kept or ￿tL￿$ •J8qu* f¢¥ ¢Jur ••Jitha* rrjl been le￿Ned from bcanches ntsl visiied by us- or the finarrial statements ao rnl w) ¥Jre&nent accgurting records 3￿1 rett¥ns: oi cwtsin ¢isdosures oftn&Stees' remuner￿￿)￿ by law are rnade: 01 w8 have fiol receNed all the inf0rrTLa￿￿ and eWanalKY6 we reQVi￿ for our a￿111." or the Iruslees were r￿1 enlilled lo lake aJvanta9e of the smal compan*s exempw ir¢m ihe requiremenl to prepare a sbattgK rèwrt or in preparirwJ the Rep)rt of Ihe Tnts*es. REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHRISTADELPHIAN MEAL-A4)AY FUND Rggponslbllltles of Irusleg1 A5 explained r￿0￿ fully in the Stat￿1 ol TrLtstees' ReskxMs*Xw. ¥￿11et$ IW￿ are abo the d￿ectorS of the chariiable company for the pwrmises of company lawl ￿ resF<•nsit4e lor Iht preparalK)n of Ihe fina￿la￿ statements and for ging satisfied Ihat they gNe a IT￿ aryl lax vie• for s￿h control as Iruslees determi￿ is necessary to ab￿ the p￿parat￿)n of firantia stalements thal are free Irom materi* MISS￿*M8￿ whether du8 to fraLxI or error. In piepariwJ the Ikiartial slat•iwits. Ihe IrLLSlees 3re restwyBiWe for asseswro lh8 charitab18 CLMmpanys abilily to conlinve as a concern. drsclos¥MJ. as apP￿￿b￿. mattels relae¢J lo goitxj CO￿9M and usir¥J tl* 9ow wncern basis tsr accounbng unk$s Ihe trustee5 ￿1her ￿teThj bj liquujate th ¢tharrfatAe r4Jrnpany or to Tra5e owalhx*. or have ￿ le￿i511C allerr&liva but io do 50. Pag8 9 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHRISTAOELPHIAN mEAL-A￿Ay FUND Our r05ponsS14lltles for the audit of the fln￿cIal statemonts Oui obieclNes are lo oblain reasonabk a55urantt aboul w1*t￿￿ kn fina￿la1 staiements as a wPole ￿ free lffjm rnaterial misslatetn8nl, W￿ther dup to fraLM1 ot ermr ar￿ to tsSL* a Rewjrt of thp IrKlepeTh5ent ￿￿•10￿$ thal Incl￿e$ our opirmon ReasonaL4e a$5urwx8 is a level uf asssJratKe. b¢Jt Ls rK)l a g￿ra￿t￿ Ihat an audrt cor￿￿ted m accordan¢e with ISAS ILIKI will always delec* a malerial misslat￿en1 vknen li extsls. Missta*ments anse fri)m frajd or error arKI 3r8 tonsidered maleiial If. iThthvhlualy or ￿ Ihe 8￿regale C￿￿1 reasonabty exf*dp(J lo infiuence the ￿onoM decIs￿nS of user5 tsken on basis ol I1￿ stalernents The ex1￿1 to whrth our prc￿e law5 Ifv0￿Jh￿I th? au(lit including those relawKJ to the An￿081 stslemerts. to a material missialemenl ￿ the fffianctsi stsiwnÈnLs or f￿-(￿mp1k*n¢Q r￿118￿. T￿S rtsk I￿rease$ the rn0￿ Ihat compliance *ilh a or reguLqlion 1$ runoved from the wls and transa¢*ot% refkcled in the financ%81 siaiements. as we wil be le85 Iikely lo bec(Mne of inslan￿5 of ￿n<0mPli0[￿. The risk 6 atso greaw re9ar¢iNJ irrewlaril￿s occurring due lo fra￿ raiher than erffjr, 3s IrwAJ ￿lI)￿e5 intentK)nal c￿n￿nI. lorgery. c4lusion. omission or rnisrepr8sen￿IIOn. A further description ol our reskwtsilitse5 for the oi * finarKo1 stsiem8nts 14 kxated on the F￿artial Reporting CDunol's web51te al w•Jw.frc.Of9L￿awIl￿1l￿es￿)￿sIb15t¢$. T1¥5 llesubpb￿ fmns parl ol ow Re￿rt ol Ihe Ir¥Jepethnl A￿lt0￿. P•Je 10 REPORT OF THE INDEPENDETrif AUDITORS TO THE MEMBERS OF THE CHRISTADELPHIAN MEAL-A4)AY FUND Uso of our vEport Thi5 rgport is made sokty lo Il* chanlable o)mparry'5 rnembefs. a5 a ￿y. ￿ aLronJarKe wlth (￿apter 3 01 Pafl 16 of Ihe CompaTres Act 2W6 ¢)Jr aJJil has been uryjertaken so that we rnty>I1 51aie lo the thaFttaNe company's membpr5 Ih)sÈ fflatte￿ we are reqthr6d to state to them in ￿ a￿lI{￿r5, for r#) olFw rxJfF￿. To Ihe fuUes18xlent pernilied bylaw. w¢ th rK)i &￿p1 or assume restrf)nsibty b anyo￿ Oll*r than its chaiitabk o)mpany the charilable company mernbers 8$ a boty. for0ur￿lIt w(Mk. lor thrs fep)rL or for tl* okYnKJns have formed. DavKf Mel CA lor and on beha enh?rStalutory AuJik*l of &)Inson LinNted Chartered Accow)larts & Sialulory ALwJiknr 81 8urton Roèj Deiby D¢rbyshire OEI ITJ Dale. P*Je11 THE CHRISTADELPHIAN MEAL-A-DAY FUND STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDrruRE ACCOUIIT) FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total fvnds 2023 Total funds Unreststhl RèstyK￿j Notes INCOME APID ENW¥YMENTS FROII Donations and legaue$ 677.141 9Q653 773.794 711.723 8r trading actiwl InVe￿m￿l lThxme 649 20.557 649 1.657 Totsl 729.785 EXPENDITURE ON Raisir9 flmds 717 717 2,723 Chath•bl• acti￿¢10$ Grants 918.709 992.771 845.856 Total T4.002 993 42B Net ￿rfns on investm8nis NET IMCOMEKEXPENOITUREI 1221,0711 22.651 1198,4201 (11B.7921 RECONCILIATION OF FLINDS roial funds brought forward 663.712 3.674 667.456 786,248 TOTAL FUNDS CARRIED FORWARD 667,456 The ￿te$ Sjrm part of these f￿￿81 s1alÈrnents P&J& 12 THE CHRISTADELPHIAN MEAL-A4>AY FUND BALANCE SHEEr 31 DECEMBER 2024 2024 Total fundB 2023 T￿81 lur CURRENT ASSETS Stocks Debtors Inve$lm•n Cash at bank 15 16 17 793 17.9e• 793 17.911 $65 10.256 55 1215.250 1013115 1.1)05.635 26 J26 1,031,%0 1.226.126 ¢REtIT(ThS Amounts 1ollrvJ (lue YAlhwi (Th y• 18 1562.9241 1548.6701 NET CURRENT ASSETS 679.456 TOTAL ASSETS LESS CURRENT LIABILITIES 441ni 28.32$ 469.V 679.456 CREC4TOR8 AJnounts 181l'r¥J aft•r mryg Ihan one ye 19 112,OCIJI NET ASSETS 667.456 FUNDS LInreStrK￿j fvnds Restslcted fvTrJ$ 442,711 663.782 3.674 TOTAL FUNDS Those slatomérts tove been Pr￿ Mi wth 84•1"cAtl• ttschaTitabl• sU￿•¢t to the woal corrwanies rtgThe. stalernenls by ts Bwd ol for ...................,......................... d ¢)n its beh*lty.' 81 Page 13 THE CHRISTADELPHIAN MEAL-A-DAY FUND CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 21124 2023 $h flowg from QPOfatlng actS¥lties Cash generated from opera￿On$ 2S,1731 N¢1 cash used in operatiNJ acb¥iiies 222.691 25.1731 Cash flows from irNe¥ting thctiyitios Interest re¢eNed 20.557 16.405 Net &4sh prov*Jed by ThestiNJ *Aiwb6s 16.405 In ¢ash and ¢gsh •wl¥ahnts In thè reportin9 poliod Cash and cash •quIVa￿nIS at the bg9lnning of tho r•portlng pwiod 12Ql134) 18.7681 1.224.018 C4•h and ¢a•h •quiw•lents at the of th• T•portlng p¢ibod 1.013.115 1,21S.250 The notes &ym pan ol I￿se f#iwal sia*ments P8ge 14 THE CHRISTADELPHIAN MEAL-A-DAY FUND NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENOED 31 DECEMBER 2024 REGON¢ILIATTrON CF NET EXPENDITURE TO NET CASH FLOW FR￿1 OPERAT114G ACTIVITIES 2024 2023 Not gxpondllur• lor tho r•port*wJ las por thg Stst•m•nl ot Financial Aclivit1•81 Adjuslrnents for: Gain on Investmen Inierest rtteiv&J Increase in 51LKks Ilnueaseyde¢yease th dobio Intre8se n ¢￿￿1¢or$ (198,4201 111B.7921 170,55n <228) 17.7321 4.2S4 116.4051 11301 62,FAJ9 47.547 N¢t ¢￿h ￿ed In 222.691 25.1731 ANALY515 QF CHANGES IN NET FUNDS At 111r24 Cash Ik At 31112124 Nèt cash Cash at 1215250 202,135 1013 11S 1215 202.135 1013 115 Llquld Oep0$113 induded in ￿5h c￿￿ent asset investment5 S5 64 64 T¢t•l 202,126 1013 179 Thg Thjles knm parf of I￿se finaroal slat￿ents Pa9e 15 THE CHRISTADELPHIAN mEAL-A￿Ay FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2024 STATUTORY INFQRMATK The Chnst*Jelthtan Veal A Day CO￿)anY rsgisiered in Enu4aTrJ wa￿5. The chwitable mpwrf5 re￿stEr￿j tharrty nuwnbei. regTrstered wnp¥sy re96Ie￿j offte address can ￿ fouThJ in ihe reference and alM￿61ral￿e detats of the Report of fr￿$tee$. AccouNfiNG POLICIES Basis of pr•parfnq finwKi¥l sthtwn•nt$ The fina￿la1 siaiwn8nis of thÈ chantab12 company. is a t¢￿rt entity uThJer FRS 102. have been prepared in acwrdance with the Chanl*s SOFLD IFRS 1021 Accounling aThJ RetK)rtry by ChantE5 Stsieffient ol RecOmft￿ThYed Pradic4 ar•caW ￿ chanb.es wepanThJ I￿r a¢counts tn afxor(Jance wrth the Fmanclal Reponing StarKlard app&cab¢ ￿ the UK Republic of IrelaThl IFRS 1021 leffectNe 1 janu￿ 20191,. F￿artIal ReroNing sta￿lard 102 'The Fina￿la￿ Repjrtiry Standard applicable in tre UK aThJ RewWi¢ of Irela￿ aTrJ the Companies Aci 201)6 fwwal $￿t￿entS ha￿ wepared l￿er the hkstorKal cost CL￿%￿1￿). The CUT¥ency basis for the pwrakn) d these fwnciab staterr*rtS 1$ I£L Going ci>ncern The ￿￿tee$ ch)sety monilor the cash F￿tI)n ar￿ tree rBser*oe5 of the tharty The thrrinut￿n of Ihe free resgrvos from £542k as at 1 January 2024 h) £383k as al 31 Oectsmber 2024 was the res￿ of wKre8SiTKJ operats)nal a caplal costs al bry4em proixt5 arnl ex¢*arye h)5se5. part￿ty offset by an irKrease ￿ incorne. Desp1¢ t￿ lall resefwts. the tash bal¥Ke remains stroryj ai £1.0lm ar¥J ￿#Th$ a￿ beiNJ pui in F4ace b r8dLte Costs tr)Ing fO￿ard On t￿"$ basks. the trusiees rove oyKkMled Ih81 it is reasorotye io assume thai chanty ￿ntinue to opeiaie 8nd me&t rts as they fal due ai leasi ts 12 monihs the ol approval of Ihe5e fir*ar￿la1 statements and. IherefNe. Ihal th8 9)ry-Co￿8M basts loc preparatr¥n of the staiements fy a￿￿p￿al& slgnlficant judg•m8rts The lollowiry IL￿99￿enI5 (apart from Ihw in¥oknrwJ 851unaissI have i*èn W(￿8$5 of appty1￿J Ihe charty's accounts.ng that haye had Ihe mosl swthc4ni Effed on am0￿1￿ recogni5ed in Ihe financ4al Fcwr¥J purchase of lore¥Jn cur￿rKY . In ordet to ￿￿U¢0 e¥w)sur& to exchar#J8 cats fluctL*IK)ns, rnan4ement e¥alu*s mathei aThJ ils delaled ￿$torIC e¥per*TKe. All In￿ffle Is recowised in the &alemert of Fin￿81 Aciml￿ Or￿ the tharty has entrtlement lo the fuTh1s', il i% probatle that Ihe ncome %%ill te re￿Ned ￿ the am0￿1 ￿ be measured rehatty. Fov donaii)ns lo be ￿¢00r•sed. Ihe chanty WAI have recw¥wJ Ihe Ivr*1s or h8ve been no15f*d ol amounts and the sdtknieni dale ￿ wribng rf there are Crrtl￿r6 aitthd to ¢Jonal¥Jn this requi￿$ a of performance before enlilement can be obtsired. lh￿ wime 6 defv/red Ih)se ￿￿j11K￿rts are fuly met or Ihe fulfilmeThl or Ih05B coNJitions is within the control of the charity and rf rs kmobabk that IlwvAI be luWled. For ￿9￿19￿, 15 8arfi8w of ihe (tharty i￿n9 ￿)If*d ol an distrtMJiKsn oi ts 1gJacy bemig wed. At this wnL IrKome is recLwised. On or£asKsn. Wactes be Th￿il￿d to the charity kkJwever,r il is not P05slble 10 rn835ure 3rwwt expec￿ io b8 dis1rit￿led. On Ihese occa510n5. Ihe legacy t5 Ir8a1￿ as a cOnti￿ent assel ar￿ disc*)seil. Income from Ira¢￿9 aciNiiies I￿l￿e$ eam&1 t￿M acti￿￿$ ￿ raoe ftyxls for Ihe tharity. Income Is r8¢eived in e￿harge for swWyY4J ar¥1 in w¢er to ra6e fthids aThY 6 rwni8e¢ when enlillement h3s0w￿ed. T8x recA)verablÈ for thè y*8r on c(wènènt*l arnj &'ft P4d donalMYts 6 in Ihe irfA)mÈ and expermlilure accounl on an acuuals ba￿s. Debtors Debtors are réccgnstsj ai settle￿1 due. P4e 16 THE CHRISTADELPHIAN MEAL-A-OAY FUND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 310ECEPABER 2024 ACCOUNTING POLICIES- ￿ntinUed Expenditure Liabihtie5 a￿ ￿¢09n￿ed as expeThliture as soon 8$ therE 15 a legal or 0)r61fL￿Ne Ob￿981￿)n commthiryj Ihe charity to thai exreThJrture.' rt ts probabk that a Irartsfer of ber￿fitS be tewirwy in settletnenl awyl the amount of Ihe 0￿4931￿n ¢w ￿ measu19d relably. ExFeThJilure E xcounled ¢or on an accru￿$ bags and has been classrfiÉd under headings ihai a99r8ga* ￿1 COSI rthted ￿ Ihe category. Where costs be directty amrit￿le￿ to particular he•Jvy, fvy have been pJlo¢atwJ to aclTrribe5 on a basis c(MISiSWi1 wlh the of r¢swces. Cosls ol pllnti￿j armj distribulry the luThfs ￿￿￿elter ar¢ regartled a5 Costs of ge￿rat￿ volwiary incomè and I lund'5 wnlvbutions lo IN￿le￿$. travel costs. Ihey carry out mOrMtow￿ visiis lo overseas projects. a￿ reg8r(led as COS￿ ofd4nlablo actNitI"es. Expendilure by Ihe fvnd on marwert a)d ￿n￿TrIK)n ￿j￿￿e$ slv)wn WKler wvewnance costs. Granls ar¢ rec4fded in the inccrfne a￿1 exrEThlilure ac(thJnt a speol¢ mrnrnitmenl ha5 iEen made by the trusteés and comnMmKJlet1 lo reupiwts thern an expeclat*)n Ihai the pay￿￿1 wil be mado even Imu thewe is w¥J ￿gaI ob¢yatM)n. Ths vs twmed a 0)rtSIr￿liVe Iobthty. Provislon lor dOybrf￿ grants If the Intslees become aw￿ I￿¢ m*le re3ch8d the￿ intended ieopienl. Ihe an￿urt is etuvnable and a prthisN)n is made ogansl th5 (Jebtor il there is th)ubt as lo its reo)¥•rabilily. Giants are not normally regarded as returnab￿ if are rec•N8d l)y due rwienl us￿$ a5 the trustees ex￿ted. AlkKation apportion￿1 of costs Goveinance tttsls aTe alwated to Ihe main of charity. thch wovtshw o19iants to meel the charitls obJ8clves. Durirg Ihe yèar, ts c05t of ovwseas travd ID Ni5il prr¥ecls tr¢urr•Y by tr￿te85 aThJ rn￿r$ was alkjcated to governarte. Tanglble Ilx•d ass•ls Depréu81KJn i8 kN0v￿led at the f(4*Jwty rates In Nder to wri1• off each wel ¢)ver bts e51imalgd Usel￿ Iile. Compuiet èwprn¢rt 50% on Taryible fixed assets are 51ated al cosl or de￿ne0 cost le55 acvjrndaled d•prooat#yk Co* i￿￿e$ ￿6t$ th"rectly atiributatl6 b) tnakiry the asset capable 010￿ratty as Stock% Slock Is ai tr¢ &ywer ol cost a￿1 nel r•ths8ble vave. ImfO$tm•nt$ InV￿lMents a￿ slapd at far valL* Imarkei vak*) AJI and bs5es on Thiestments Mi Ihe year, W￿¢her tsi Trjt realtsed. 8re rrtIU￿ In the S¢a*ment OfFIna￿al A￿￿ts"e$. Taxation The charty is exempl from oxporalW￿ lax on rfs (tharf4ailg adiwiEs. Fund a¢¢ountlng The Christ*e￿18n me￿ A Day FuY*J mawlans a ￿T￿r¢tod ILNKI arKI a desbJnated in •Jdthon to resiitted l￿dS thal are used tjr eamiarktrj thjnabons. Geneial unreslricted IWKSS can be used m Xcordance the l￿.1#b￿ 0tr4etAivÈs ol the C￿"stadelp￿Rsn Me81 A Day Fu￿1 al Ihe d15uetl￿ otlhe Intsiees. Deswaled I￿LI1e irmrr* sel a$￿e by Iru51ees to furx1 kAure prcids Re51r¢cled fthys ean onty be vse(I lor partcJ¥ ￿$t￿tte{l purposes ￿1h￿ objects of Ihe tharity. Resliictig ans8 w￿n spec(1￿ by Ihe d￿or or futh arE rdBed for particubr rethued purp05eS. FLKlher expl8n81*?n nalwo and of fwx1 is irthded rK•les lo Ihe fwwal statements Page 17 THE CHRISTADELPHIAN mEAL-A￿Ay FUND NOTES TO THE FINANCIAL STATEMENTS- conllnued FOR THE YEAR ENDED 31 DECEhlBER 2024 ACCOVMTING POLICIES- co￿￿ved Fornlw currencles Assets ar￿ liab1rfiBS in forewJn ¢urTPWKV• are If￿18¢ed into ster￿(¥j al the rate5 01 exCh￿e at tho balance sheei Transadhy6 in loreign are IransL41ed INO sle￿.1￿j al Ihe rale of exch8rYJe wlin9 at the date of 1tansx1￿n Exchan9E Liifwence5 are laken v*) aCc(￿rt ￿ wtivwwJ at Ihe operatir¥J Financknl in8trumonts Finam81 ￿51ruMentS ère rJassrf*d ￿ accolmted for. xcordry to ihe substsrte ol thp C￿11[aCtual wrwyemenl. as gilhef finanoal assets, f￿an￿311th1￿￿ or equlty 4KslrLments An gQUrty ir6iiw)wi¢ r& arry Cont￿1 evidenTrs a resKI￿1 Interest in the 8s5e15 01 lh¢ compwry after deduEIITr3 am 01 rt5 liablibes DONATIONS AND LEGACIES 2024 2023 Gfft a•J dor*l Grft a#J Leoacies person￿ donatKJr Chuich doftabons Othef th)nat￿ 254,812 63.701 141.859 112.705 127.158 73.W4 ZOO.315 50.019 104.067 104.311 201.041 S1.910 773.794 711,723 OTHER TRADING ACTIVITIES 2024 20ZJ s￿e5 01 promtitrfwl 1.657 INVESTMENT INCOAIE 2024 2023 DI￿d￿d irtome Bank Inte￿51 16,402 16405 R￿sING FUNDS Ralslng donallryrn and hgad•$ 2024 2023 Qxher publuiy exper*JthJrtt 491 1.823 Page 18 THE CHRISTADELPHIAN MEAL-A-DAY FUND NOTES TO THE FINANCIAL STATEMENTS- conllnu¢d FOR THE YEAR ENDED 31 OECEh18ER 2024 RAISING FUNDS- cortinu¢d O¢h¢r tradlng adlvlt•8* 2024 2023 Purchases Agg￿gale am0￿1$ 717 CHARITABLE ACTIVITIES COSTS Grant D¥ec¢ Q)sts Is88 rM)t8 61 aclNil r￿19 91 Swjport costs Isee 101 Totals Grants DIRECT COSTS OF CHARtrABLE ACTNMES 2024 2023 Bank charges Sta1th￿ery and Sw)dry expenses 1.981 553 3.424 612 4.432 GRANTS PAYABLE 2024 2023 Grar 798,852 total gr￿1$ P3KJ ￿ in51ibA*)n5 durwYJ th8 as Id ZDZ4 2023 LONG-TERM PRQJE¢TS Complex projects c￿[Stadelp11.an School Benakuma ar￿ Brth Cfvistadelphian Cerfre for Ihe 81iThl aryj H*bJta4yped. Mtr*e Cr(wn Qty Sthool Lela Chikjren s Fbme Na*￿0 CBM Primary Schocl Chnsl*JdphJan MaD Slre8lknY5. Freel￿* Talia Primary Sch(K Timtrt)ni Tiva Children'5 trbrrE and Schc4 23.076 44,295 114,>)1 48,644 88.527 29.360 20.129 146.788 65,173 99.802 104,239 47.809 21.895 148.273 565,280 515.12 Pa9e 19 THE CHRISTADELPHIAN mEAL-A￿Ay FUND NOTES TO THE FINANCIAL STATEMENTS - contlnu•d FOR THE YEAR ENDED 310ECEMBER 2024 GRANTS PAYABLE . continued 2024 2023 Pr•.school and Feeding 1m81tr￿ka Primary SclK4JI Fe•J¥¥J Kib9ra SchoDI T￿￿1 Pnmary Schcrf)l FeediTrJ Umoia 8oyani Schwl aTh1 E()) ECD Feeding Pro￿arnMe 7,800 7.141 10.930 5.242 100 715 7.306 7.391 10.238 5.018 80,423 131.42• 110.376 Communlty Adult Literaty Cenires Boama and Lakka TB a￿j Lemy ckn Med¢ir*s aNI maiemty ¢fin¢s B.802 36,4S0 .577 17.42S 60,036 37.56S Through partn•vs WhEz ￿￿5 un￿ed 12,500 25,000 TOTAL LONG-TERM PROJECTS 770.245 688.061 OTHER PROJECTS DSroct prole¢ Hanga fl￿e Miln9 Prcject BO￿￿leS MasiTh1e Memorna Sclb)ol, C*¢•Rle Kaiya Other grants eath *ss than £5.000 ￿ currenl ye 3.845 128.2471 14.624 18.973 8.798 15.282 19,1201 40.395 Thrvugh partrwpr5 Ashanii. Ghana Chnsban Btirmj M￿( Christine Witcull VisitirKJ SeTh Comrnunil*s kniliative FxililatK)n As%sts1￿ ICIFAI Communityoutrexh Partner T￿1 Days foi Girls Glob* Care Ugar￿a Kenya Rainwater AssocTralKJn Kènaama Int8r3CtNe CommuThiy SL4¥Qrt Moibvation- Wheelcha￿ Ltser trawuTrJ P8rtners in Ed￿tKIn {PIESI Ripple Ellecl Kenya T¢)ots for sdl-iel.an 6.745 3,800 11.2J5 14,964 2,0SB 15,991 15.795 23,622 24,IXIO 35,320 1•.081 9.449 13.000 133.317 119.8S9 TOTAL OTHER PROJECTS 124,197 160.254 Summary TOTAL LONG.TERM PR(￿E¢T$ TOTAL OTHER PROJECTS Unalhxated excharKJe drfreiences 770.245 134.197 688.(kS1 160.254 49.4631 962,643 798,852 Page 20 THE CHRISTADELPHIAN MEAL-A-DAY FUND NOTES TO THE FINANCIAL STATEIAENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 10. SUPPORT COSTS Govemance costs Suppori costs. Ir￿L#￿ed in ￿ *thp, we as ltsfth¥s. Go¥•fnance costs 2024 2023 Tobi I￿llieS Grwls Truste¢s' expertses Audit￿$. rgrnLwralryi Legal fees Membets, ewrws Insurance IT suppovl 6,73fj 7.671 2.7B2 8267 2247 201 27,787 7.230 S.850 1.530 175 11. NET IficoME4EXPENDITVREI Nel lrK(hne4expe￿I￿ureTr ￿ staw afterLthargWW1c￿dllir￿jI 2024 2023 Audrtor¥ remu￿ra1¥ 12. TRUSTEES. REMUNERATION AMD BENEFITS T￿re We￿ no ￿ML￿)eral￿ffi ¢y otsr bgr*fts Ihe yw 0Th1¢d 31 Dec4mber 2024 yoar ¢ncled 31 Oecember 2023. Twslo85' exp•ns85 2024 2023 Trus￿6$, èXPènS8S DvrirKJ the year ? (2023.. 41. Ims18es have been reThtryJrsed for exFenses ￿ have paid on behair of the cha(ily lor travel ￿ the UK aTrJ Ove￿eaS. T￿￿tee$ ￿511 the CIN￿$ pruiects Wi Alita in acCOrdar￿ wth its pollty ol aciively m￿lt011r￿j mapr pTjects kn wh*h the Co￿*¥jies. Page 21 THE CHRISTADELPHIAN MEAL-A-DAY FUND NOTES TO THE FINANCIAL STATEMENTS - continuod FOR THE YEAR ENDED 31 DECEMBER 2024 13. COMPARATIVES FOR THE STATEMeMT OF FINANCIAL ACTIVITIE5 I￿reStr￿le fu R84n"rlwJ runds Tol fun0$ IfrKOME AND ENDOWMENTS FROM Cknatxjns and ie9aCWd 626 716 85.007 711.723 OIIE¥ tr￿Ing ¥livili¢s InveslmtrA inoyne 1.657 16.405 1,6S7 16.40S Tolal 644,778 85,007 729.785 EXPENDITURE ON fla&￿g fuTrds 2.n3 2.723 haritabl• ￿*1¥111 Granls 758.3&3 87.473 84S.856 Total 761.11 87,473 848,579 Net gairts on nvestmenls NET lNCOAIE4expe￿ffvftEj 1116.*61 12,4661 (118.7921 RECONCILIATION OF FUNDS Tolal fuw¥Js broughl &Jrward 780.108 6. 140 786.248 TOTAL FVPXIS CAJiRIED FORWARD 663.782 3.674 667.456 14. TANGIBLE FIXED AsseTS ompuier equipment C05T At 1 jart￿ry 2024 31 ZQ24 DEPRECIATION At 1 January 2024 and 31 D￿efft*er 2024 NET BOOK VALUE AI 31 DEcembEf 2024 Al 31 Clecemtsr 2023 Pw22 THE CHRISTADELPHIAN mEAL-A￿Ay FUND NOTES TO THE FINANCIAL STATEMENTS . ¢ontinu•d FOR THE YEAR ENDED 31 DECEP4lBER 2024 15. STOCKS 2024 2023 Goods ￿5¥* 793 16. DEBTORS.. AMOUNTS FALLWG DUE WITHIN ONE YEAR 2024 20Z3 Gift du• from HMRC Trust8e5' 8xp8f*e arrfj travel adva￿ Olhet deblors 3.662 775 13,000 1,328 5,185 10,256 Othtr dè*srs I￿l*Je £nil12023 £5131 of forward cullery c(rtrads deladed in rK)le 21 01 these financial siaiemenis. 17. CURRENT ASSET INVESTME14TS 2024 2023 Listsd N￿StMe￿IS 55 Cuir￿1 assel invesiments we $W at fwr vakje Imathet vak*l lheirmsr￿1e ¢osl IS £35 (2023 t351 18. CREDITORS.. AMOUNTS FALLING OUE WTfHIN ONE YEAR 2024 2023 Trae uednor5 Other credito Con5tnJclNe obhgaib)rts grani payments 8.220 554,7Q4 9.19S 537.476 562.924 546.670 The cons11￿l￿e oblgats)n5 for oranl payments cre(lik)r shown as (aling due lor payment ￿thIn one year, as all￿1&h Ihe charity luThJs iefm Pfojects. ihe 9rant comnmlments are vsu81ty made Ihroufvth the year for ihe lollo*iro year. PwJe 23 THE CHRISTADELPHIAN MEAL-A-DAY FUND NOTES TO THE RNANCIAL STATEMENTS- contsnuod FOR THE YEAR ENDED 31 DECEMBER 2024 19. CREDITORS: AMOUNTS FALLING Dve AFTER PIORE THAN ONE YEAR 2024 2023 ConstrudDIg obly8t￿n$ Icw granl pawiwits 12.OCO MOVEMENT IN FIJNDS Transfws beiween funds Al 31112r24 Al 111r24 in fuThfjs Unrestricted funds G8wal fu Future Projects 542.292 1221,0711 62,224 383.445 663,782 1221.0711 442.711 R¥5trld•d lunds Ugarfa 8Dre￿ Timboni Chickens Naondo Mallres5es Namaorth Wa￿r Tank Work in India Kenya Imaihoka ExlgTrIgJ Feed Crown City Classroc Crown City Sloves 8tc Crown Cily Texher5 Ch•rs 20.000 632 750 160 1S0 472 16011 12561 1.725 256 1.725 2,500 650 1500 3.674 22,651 TOTAL FUNDS 469.036 Nel movemenl In ihe 8b)ve tre as loum". I￿ornI￿j resouices Gains and sses Movemenl In fund5 e￿fided Unreslrict•d fvnds Gengral fund 698.347 (919A201 1221,0711 R•$trtct¢d funds Other pioi8cts Ugarfa 80r0￿18 Timboni Ch'ckans Nalonijo Mattresses Nam80￿0 Waler Tt￿K Work in Ind ECD FeedI￿j Programme Kenya Im8t￿kO Exiended Feediro Crown Cily Sloves et¢ Cmwn Cily Teathrs ¢hwr5 54.939 154.0ts} 20,000 472 472 {1.108) 16081 1258> 10.71)0 9.500 650 110,7001 17,7751 1.725 650 22.￿1 TOTAL FUNDS 993.4281 198,4201 Pag9 24 THE CHRISTADELPHIAN MEAL￿￿Ay FUND NOTES TO THE FINANCIAL STATEMEKfs - continued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT W FUNDS- ¢(*ttinu• Comparnll¥85 for movem•nl in funds Tran51ws Al 3111 Y23 At 111123 In ffftls fuThls UnTrstrlGted funds General ftjnd FubJre pr0￿cts 560.373 219.735 1116.3261 98.245 98.2451 542,292 121,4 780.108 116.3261 .782 R•$tii¢i•d lunds Timb)ni Chickens Nalondo Mattresses Nam*)ndo Water Tank Lela Home Karn￿￿*? Woth In India Kenya Imathoka Extended FoediThJ CTcv•m Cty Ckjrrnknry 762 {6121 1199 12,1991 124 12,4391 2.￿10 2S6 2.439 2.5 2,466 3,674 TOTAL FUNDS 786.248 118.7921 667,456 C¢mpatsl￿e nèi MOV￿￿1 In furn1S. irt at¥Jve a￿ as lokns.. IrKXMn Gains and bsse$ Movgmenl in lur*Js exrwd Un￿1￿Cl¥d funds General fvTrJ 644.778 1761,1061 1116,3261 Restrlcted fund• other piojects TimbDni Chithens Nabndo Mattresses Lela Horne KamL&urx Work in lThJia ECO Feediry Progffarnme Kerrya Imaihoka Exierthd Feedry CrDwn Cty DorftMIory Cambodo Tole CI¥Nt Grovm Cty QJassfC•)m 133.8361 11.6CM)I 11.2121 15,1991 1.760 100 16121 12,1991 124 124 19.655 1.635 119.6551 14.0741 12,4391 15.5841 16.3131 16.313 85.W7 87 4731 TOTAL FUNDS 729.785 B48.579} 118.7921 Pwje 25 THE CHRISTADELPHIAN mEAL-A￿Ay FUND NOTES TO THE FINANCIAL STATEMENTS- witlnugd FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMeNT IN FUND5- ¢ontiThugd Funds The charity provwJe¥ to well-govemed, Px21ty.rnarw3ed pr(￿ abThd lorAA pnmarlty on devdirf>merts In Afru The makn types of propcls we ¢ucalKJn care Medul A9ricthiwal lood Self r8hwre aThl ger*fal ard Restflctod fvnds tk)nots may Sty￿le a pJvlKJj￿r woFcl. ttris ¥Komo rs rgslrK¢aJ to Ihal projocl The bal￿￿ on lurnJ$ rekyesths Il* w*¥p8thd wt&in offLwNliry reCETh￿l. Aclivity on a sp8(ik r85tth fuTvJ c8n be req￿$1•1 from ts itharty D•SI￿al#d funds Futuro prL)j•¢ts To smooth out larp ¢CwtKJ￿%. tW ￿ excess 01 £50.CQO. Lnless restncted for a spocrfic prtjieei, are divhled into thirds, Or￿ t￿Id bery alktated ￿ Ihe yw. ￿ th¥d in next year aThJ final one t￿rd in the year fO1￿￿n9. Thts ensLYe5 thal 8 Imrtad reswve sel aS￿e lor the me£lium-lerm use. Trans￿r9 b•tw4•n lund% Translers belw8en general l￿d aTrJ the des¥Jnated t￿￿18 refleLt nV)vw￿ts in the year in lin¢ wth Ihe #8tail*l abo¥8. 21. OTHER FINAMCIAL COklMITMENTS The cmrily has pr8w)usty commrtled to Ihe forwaryl purchase ol foryn cUrr￿Y in ¢)tdef h) ￿V¢e its exposure 10 èxcharge rale fkn1va1￿s. At 31 Decemb￿ 2024. the rlwnty c4Jfflmilm8nts. AS 8131 Decembei 2023 thg balance 4ffs £513 F•fieci8d in ot￿r deb#)rs. 22. RELATED PARTY DISCLOSURES Tr￿lee3 have male the charity Ihe yearol £79.231 12023.. £8.7581 23. ULTIAIATE Cot4TROLLING PARTY Tho eharilatAe comparry s conlrolkd ty ts ￿ard ol tru51095 WI￿ are dwecbjts. 24. IIEMeeRS' UABILrrY The chaN' atAe company is byguaranlee. Every menty ol thaftsble cmpany uThJ8rlak85 to ￿nIn0the to the assets of the chaniatA6 compwry. Il* evenl ol Ile same beiTh) WOLx*J w whdè he of 15 8 member, or wI￿n one yÈ8r after he or tr ceases to be a member, for paymenl of the deNs aThJ &at4"lrties ol the charlable cornpany conlracted before ￿ or she ceases to be a mefflbgr. the ￿$ts, Gharrps atKI eXpe￿￿Es of wnding up sud) a￿nI a5 may h required rK)l exceedry £1. Al the 31 Decernbu 2024 there were 44 12023.. 431 members int￿d￿9 trustèès. Page 26