CANAAN CHRISTIA TRIES Acorn an u&r￿nIe￿ t8tements for the esbT J8nu 202 Charl un)ber: 117192 uml)er' CANAAN CIIRISTlA￿ MINISTRIES {A tompany Ilmiled by Euaranttel Companv and administrative ihforN)ation Charlty numbcr 1171925 Compan!. reglstratlon iiumber 10593926 Reglstered offlee address 121 High Streei Siaines-upon-Tliam¢s Middl¢s¢x TW18 4E?D Dlrettors Ind Trustees Fiona Crawforih Desmond Egharcvba Norn￿￿ 14e8d MinaRer Barry Mockford Independ¢iit Ex*mlners Lloivkcr. Sicvcns & Co uiie Nn.2 CLnir¢ Couil Viiie Lane Ilalcsowcn B63 3EB P899 1 cAr4AAP4 CHRISTIAN hllNISTRIES Rtport of the Dlreet¢br5 The D￿eCtorS have pleasure in preseiilirtg Ihetr report, t(IBeihÈr wilh the fJrt*ncial ststements of the CoEnpany foT Ihe y¢ar end¢d 31 J8nukry ?024. Ob nd Activitlt Tbe objtttl of the company is to adV￿ce th¢ Christitsn irligion fvr the benefil of thr public through rh¢ operalion of C.hnsiJan bookshop. Ehurch rebource cenlre, provision of a couiiselling servtce. Ihe protllollort ol uniled Chrisiiart rdin¥ 10 a person'% m¢aiL%. Ifilic cliL'iiI Lonnoi afford payIJieni. Ihe C.uuiiyellor #l()n8 wilh a r)irn'¢ior vr ManuxL'r ofc.an4&n mll y a$.%e$s Iliat this glioiild be I￿11 from Ihe Miiii$irie4 fund. In 4iddiiion. thL Bookshop CtrfiL'f Il¥t3 a% • drilp-in plaLc for Ihose seeking support 41)Il ¢n¢ourtg¢mLni. Thi% Ix&y inwolv¢ those wlio Isuve IxcnlHI hrnlili is%ue& (Jr 50meiiiii¢s those who are horneless. Pari of the Ministry of L8n8an is 10 suppon and Iisitn 41)d Tet'¢T whcse Th¢cc5%Tr5y. C*niift has ttynliiiued lo serit ihe local Communiiy aThd chur¢h¢8 Ihrokngh C?naan MiThigirie5, includes working Llosely with Ilie l()cal ('.htsrches Togeilier bYoup%. (:attuan provides inftsmwitthn and en¢oLira8emeni 10 th¢ loc•1 thurcke4 as & hub and focu5 in ihc ¢ommuniry. A wcbsiie exisLX ir> provide inforrnhiion on Ihe Service and TestsufeES At leve Barry Motklord h85 Gullliniiid as Mana81¥ of C.6na8n Chvisiian Minislri¢s. Tl)e yta¥s 2010 10 2022 had been very challvnging beLgUse UK lockdown provisioijs conrinued iliroiixhoui mosi orth81 time. Thei¢ wa5 inuch i¢duc¢d rooif311 in tli¢ High Si¥eei', al%0 sorne Ioc81 issue$ meatit that fewei pcople hav¢ been Shopping irt S¢aines-upoll-Thames. The experience in 2023124 wa% more favour#hl¢ bui there ha$ heen B trend of reduced trade on the Fligh Sire¢i. Bany &nd &ll si&ff Ènd volunteer8 Continued 10 work very h8rd ihrou8hout the sY3r, and thcye hL¥ eontinued to be an inLi%ascd emplig515 on Iclephoriv anil on-liiie urd¢rs iDg¢lh¢T wilh 10i31 d¢liv¢riis. Durin¥ op¢nillg hour5, djerc ¢wIEinues io be a calm And friendly ￿mOSphere within the knookshop. ThE Lighthouse Room wliich wa5 Optntd Canaan's 4Uth attnivrrsary NovtmbtF 2019, hF¢S llot btett tss¢d 28 much as originally artliLipated. Holvever, IhLre has toniinued to b¢ a 51eady increase in the use of ihe rooin for quiei meeliiigs aiid counsellin8 sessiops. Th¢ team of LOUn8ellurs showll 8reo1 undtl'glandin8 of the Tkecd io lil in with shop op¢ii.'118 hour$ Ind Ih¥y bav¢ ¢oDlii)u¢d to provide a coun5¢11iiig s¢rvi¥¢ ITOM their homes tssitt8 tclrphon¢ aLd video Links. Akndy Gilmour, wtK) W85 the Man&g¢r and inspirational l¢&der orc8￿1￿￿ (i)T 38 yearg until his reiiremtnt iu JattbAry 2018, Wab IllSlfUrnClltal In setiing up a link b¢tween c.anaan and Ihc Shiloh Bible C.oll¢g¢ and the N¢¢dy Srnil¢ Fthlrydai￿n laTL OTplianagel butii bayed in Kutna$i Ghana. ThEDire¢iurs weiepleased to maint&irL Ihis link under Page 2 Andys patr¢na2e. Ally finaDte for the Ghana link ua5 roised stpuraicly and chtnnelled through th¢ Ministries Fund railiei dian ihrougli the BoL)ksliop aLcounls. Howci'ei, Aiidy adi'iscd thai ?022 was ali aprtrroprialc iimc to pds responsibility for this ￿'0[k lo loca1 Thnagers and he ensured a ncw srructur¢ was set ￿p. All financial provision 'as duly WOUT)d up b¢(ore ihe tnd of 2022. The Friends of Canaaii Scheme conlinues lo provide valuable support for lh¢ Company and has oveT 80 men*ers who coiilribule a regular basis. IVhrn¢ver ihe MansBer or any DiTfLIpT ha5 sp¢)kinu ¢ngas¢mcnts in loG&l ehurches, Ihe oppi)fftJiiity IS takert 10 qpeak abtrul Canaan Clirisiian Minisirirs aiid Inakr 115 W'OTk kiowrt Froin lirne 10 lime the Coiiipaiiy provid¢% resouNes lo &ihools, insiinjiii)ns and oiganisali011s by offeiTn¥ Ihcni free books. Overall Ihe DireLiors are sotisfjed thai c".Jnaaii Christian Ministries coniinues 10 fulfil lis objetiives and lo r¢aGh out lo the communiry Ihar jl Seeks 10 serve. C8naaiJ offers a piofcssional, tonfideiitial iouiJsellin¥ %ervice open 10 inyone ivho would like 3 pl&ce 10 di%cuss personal Igsues and ch8llen8e% (hey 8re fJcin8. It deals willi Tnany iangiiig trom b¢reaveinenl, depressioii. anxiety, relational difficuliies, aiid challeiigtng life ¢hoice5. It off¢iY an approach ID couns¢lling, wiihin a hrisiibn eiho$. which seeks io help individuals ruolve their difficulii¢s. Clicni$ ¢#n bc of any foiih or none and will be able 10 deiem)in¢ 4,hciheT or not jssue5 of reliKivus btlief fotni part of thl diglo¥ue. ThLi¢ ure urrcnrly thre¢ professionally trained Counsellors at)d on¢ trainee on the leam. Coutisellors will encouroge individuals its e%plore wssiblt roots 10 Eheir problemb 85 well 08 help the individual lo find poleniial.Eol￿i1onS incluling ￿tty resouii¢s ai'ailable iu Ikiii 10 ass151 tihan¥e. Couns¢llors ar¢ noTI-jiidgcm¢ntal Ind will noi imposc soliiiio11s, bul raiher resp¢Lt the autonomy uf every iijdividual. During a wcek the Coullsellors se¢ around 30 diff¢rcnt people, hclping them with ihcir problems ln addition there ar¢ %¢v#i'iil pe()plL' whu Coinc iniu rlie slklp who hTe siinply l(K)kin¥ fur ali cnLourts8inB word al RcTr nic.8iaiL'ininl of Financial Aclivilies 18 fci oiil on D￿Be 6 Sho￿1￿8 Ihe r¢giili for th¢ y¢ar 10 31 Januory 2024. Tli¢ Company ¥enerai¢d in¢oiiic in the bgtskshop Jnd c¢ffc¢ loui1¥¢ Ikf £142.01112023-£131,2401. After Coverin PUTch.'15es and exiieii%e%, there w&.5 a l)ii()k%hop defiLIt ol'£2f?12023-£3.2461- However, doiiHlinns tntalling £1.80012023-11,8001 wcrt rer¢ivcd, rcsuliin8 iii a SUTplu¥ of £1,77412023-defiLlI Ot'£l,4961. The Mini8trie$ Fund received in¢onie of £2),24512023-£46.6311. Ftsr &ll donations, wc were very gr8tcful. A tolRI of£19.66212023. £31.118 was S￿nI on minisirie5 ¢0S15. A5 ll r¢suli. th¢re was a surplus of £1,583 121121 £15.513) alid die Rc¢iimulBied halBn¢¢ for fijture usc on 31 January 2024 was £57,(Kp412023-£55,4211. The i(JtAI rtsuli was ll surplus of £3.35712023-£14,0171. %ervt Pollc lrt order Iu Lover ullfor¢5ten adv¢15¢ circum$ton£r5, 1115 the Dir%iorg' policy io mllinl&in utw¢siricied funds, beiiig th¢ CO￿panY'S free reservc5, 85 follows.. The Nl?iii Fund repr¢s¢nLg worknng cgpi¢al iieeded 10 moiniaiii the stock ond oili¢T reqiiir¢menis tsf Iht bgok5hop. The Minisiries FuIi(l 1% maititaijied, where possible. ai a level lo include al leasr six monili%' unre51ricied admini5trJlive expendiiure and oiigoing expciiscs incliiding s2lxiies,' and alsc) enahles rcspoThsc 10 inini51ry n¢¢d5 as they ans¢. At 31 January 2024, Ilierc wcre no re51rictcd funds. Strutture Cov The 8overning doLu1￿¢nt of Ihc cl￿rity is its Memorandum and Anirles of Assori8iion dated 31 January 2017. The work of Ili¢ Cornpaiiy is ille overall tesponsibiliryofiiic Dir¢rtOTS who iiiet.4ix limes durirg the year. In pursutng the objectives and activitie% of thc CoTllpa￿y, during thc year the r)irectors ctnplDyEd one full-titn managcr and (hrce adults oli a part-liine ba515. The n)aJiagci a55uillcd oi'erall rrspon51biliiy for the vBrious aspects Pag8 3 of Canaan's IVOTk, iTr¢ludin8 that of fflanager of the bookshop, bookk¢¢ping 8nd oih¢T personnel and adThiini5traiive duties. The policy of the Compaiiy is 10 use voluiitary worker$ in addilioft to p&id staff. This limits rhe overall costs and provides opponuniii¢s for Chri&lLan srrvice 10 a few people willing 10 sUp￿rt Jnd promoie our work. The Dir¢cior5 ivere most appreciative of (he a$sislance of Six volunteers during The past year, and also recogni$¢ the Valuabl￿ coDlribuiion 10 Cana8n's ministry mode by the Dir¢¢tors who hov¢ retired from office recently. It 19 Ihe Dlreclor￿, PDIiLy lo maini&in an 2wartnes5 ￿l￿tir requirement5 and Te4poDsibililies re￿rdIn￿ TlSk, aliliou8h no fomial risk as$¢5sm¢ni is r¢qiiiT¢d tor th¢ cliarity ai ils current size, Caiiaan has a wyiiien poli¢y that is given 10 staff, w.ho regularly discuss and monitor risks such a$ h¢aiih and Safety ¢oThcorns. eeJ74irhieKr dAdSelecii¢)N fi Diyeeroi. The 8ov¢rniii8 documenl provides for a minimum of Ihree Dire¢iors and it 18 Ihcir poliey to choos¢ as new Dire£ior$ pergun4 who live locally and hmve ￿h0￿,17 r¢al inieTe514nd supporf for Canaan, as ivell a5 coniribulin8 particular $kill% and expertise n¢¢ded lor the SPiTiiual d¢v¢loyment dnd prop¢i' Nnning of rh¢ Coinp#ny'5 aclivili¢5. Accordth8ly, Ihrou8houi re¢enl y¢)TS ihe DiTeuoTS, who are Jlso ihe Tmsiet5, have iDcluded p¢r50ns with qualificalion$ Ond experienc¢ ID tinan¢iol* prop¢rry and business management,, and who repreqeni diffcrenl churches. Ive det Charity numbeT'. C.i)Inp4ny nuiiiber.. R¢gi$icr¢d address.. 1171925 10593926 121 Iligh Sireei, Stoin¢s.tspon-Thames, Middle$cx, TWI8 4PD I'h¢ l)Ircknlfifb Vt'caiiaan Chrisliaji Ministties from Isi Fcbruary 2023 10 the dale of this report weTe.' Mr Nomian Head Mr% Fiona Cruwforth {appoinl¢d 21 M8rch 20241 Mr DesiiiDnd l-'ghur¢vba lappoinicd ? l Mar¥h 21)241 Rev MiLhael Riirley Irclired * l Mar¢li 20141 Mr5 Y4smirJ C.l¥aff¢r Irelirtd 21 Janukry 20241 Mr Simeun Siunlcy Ir¢iir¢d 23 Janiiary 20241 MT BRTry M(Ickford (M￿n￿ger) end Mr l>duI Jyckson r,c,A, Bow'k¢T, Sieven5 & Co, ChaTlercd Accoiinlanls. Suite No. 2. Centr¢ Courr, Vint L8n¢, H41e39wen, We$1 Midlands B63 3EB BniTk CAF Bank, 25 Kings Hill A venuc, Kingy Hill, 141esl Malling, Kcnt, ME19 4JQ This report hos be¢n PT¢p4red in aicordance the special provisions for sinall companies undei. PArt 15 of th¢ Companies Act 2006. By ord￿. of the Board of DiTocIoTS Nonman W Head- Dirr¢ior Daied.. 2J24 Pag& 4 INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OV CAT4AAN CHRISTIAN Mlh'lSTRIES ieport to the chanty dii¢¢tors on my exètnin8tion of the accounts of the can]pany for th¢ y¢drtndtd 31 Jfynuary 2024 which are Qui on pages 6 10 13. Re. tsrl Tlit charii) s diretslurs art i¢swn%ible fur th¢ pr¢p8ralion of lh¢ ac¢ounis in accord3nc¢ ￿PIlh Ihe rcquti'crncnis of tli¢ CornpaDic5 Aci 2(X161 The 2006 Aci l. re Havinb? satislied m>%elf Ihai Ihc llctounis of tlie coinpany #re nor required lu bc Budiled under Part 16 of Ilic 2006 Aci and Dre eligible foT indepciidcni ex•mirtaiion, l T¥￿rt iii rispeci ofniy exttminoiion of youi compan￿5 a¢Lounls as canll¢d oui uiidL'r becliun 145 olihc I".1141ili¢s Acl 2011 I"Ih¢ 2011 ALI }. In currying QUI my exarninaiioTh I liave followed Ilie t)ireciions 8iven by Ihe C'liariry I'.iJnimi%4ion uiid¢r seciion 14515Nbl of the 2011 Aci. . e.¥ I have uompl¢lcd mji cxamiDaiion. I confirn) thdi no matter% htti'e ¢onie 10 mygiieiilion in ¢onne¢iion 'iih lh¢ ¢x#minaiion Bivin¥ ine cause 10 b¢li¢ve Ihai in aiiy maierijl r¢speci'. IPIIITei accouniing records wtrc noi kcpl in respcct of the company AS requirtd by $¢¢iion 386 el Ihc 2016 Act: or Ihe 2¢iounis do noi ai¢or(I w'ith tlios¢ rceord4' or Ihe aiioun15 do not ¢OlTiply willi the accÉiuniiii8 r¢quiTett1¢1115 of $¢¢rion 396 of Ihc 20ts6 Act other IhAn any rwuiitin¢ni Ihal Ihc nLLounlS give a'true and flir view, which 1$ not niaiiei- considered As port ofiin iiidependeiii examination. or the a¢couiii*118v¢ not been pi'ei)ar¢d iii J¢¢ordan¢e with the Ineihods aiid piinciples or lh¢ Sirfilcmenl of Rccomniended Prn¢iic¢ for ac¢DiJniing dnd r¢pthrtinx by cknriiie4 lappli¢able 10 chgrilies prEparin8 Ih¢ir accounts in Ac¢ordan¢c ivilh Ihe Finiincial Reporting StBiidiird wpplictbl¢ iii thL UK and Republic ofbtl&iid {FRS102I1. J hav¢ Ao eoncern$ and h8v¢ ¢on)e across tits other niAiiers in coiineeiion with Ihe examinaiion io vhirh attcnlion should be dr3wn in this report in order lo enable a proper und£rsiondtn8 nf th¢ LLounls 10 be rcachud. faul Jo¢kson F. Bovktr, Stevens & Co Suii¥.No. 2. CciiirL Coiirt Viiie LAI1¢ Halesoiveii W¢sl Midlarlds B63 3EB P89e 5 CANAAN CHRISTIAN MIYISTRIES (a compBny limited by guarAntee) Statement of Financial Activities for the year ended 31 Janu&ry 2024 including Income and Expenditur¢ A¢couttt) Unrestricted R¢51ricted Y¢8r lo Uorcstricted R¢slrict¢d YeAr lo funds funds 31.1.24 funds funds Income Donatlons And Grants Donaiion$ Canaan Minisiries and General 23,045 23.043 46,658 ,773 48,431 Income from charlt8ble gctivltles Operalion of cana￿ Ilook5hop 142,D81 142,081 131.240 131.240 To¢815ncome 165,126 165.126 177.898 1,773 179.671 Expendlture EXpEn￿ltUre on chorlt8ble octlvliles CanaaTI Buokihap Caniipn Miiiislii¢ 142,107 19.662 142,107 19.662 134.536 15,()SO 134,536 15,468 Tot¥1 expendlture 161,769 161,769 150,186 15,468 165,654 Net lTh¢omel(expLnditureJ and Tret ovement In funds for the year 3,357 3,357 27,712 (13,6951 14.017 Reeoncllla(lon ol. funds Total fundj brou¥ht forward at February 20Z3 133,816 133,816 106,104 13,695 1111.799 Total funds carried forward at 31 January 2024 £137.173 £137,173 £lJ3.816 £113,816 P8gÈ 6 CANAAN CHRISTIAN NIINISTRIES Is compan), Ilmited by guAfaDt¢¢) Balanee Sheet at 31 January 2024 Company number 10593926 2024 2023 Notes Fixed Assets Tangible issets 3,128 3,821 Current Assets Stock Debioi3 and ptepaw)enls Cosh ai bank and In liand 44.382 5,743 92,915 42.516 90,704 143,040 137,931 Liabilitie$ Creditors folltiig duc williin one year 10 7.936 Iyet Current Assets 134.045 129,995 Net A5set5 £137.173 The fund$ of ihe ¢harlty 13J.816 Total Chariti, Funds £137,173 £113.816 These aceouiiis p￿pared in &e¢ordancc with Ihe spccial pri>¥i5ions of Port IS of ihe Companies A¢1 For Ilib year ended 31 January 2024, the company wa5 ¢niiiled 10 cxempiion froix audil under SL'Llion 477 iTrf Ihe CompAni¢y ALI 2006. The Incmber% liave nol required the ¢ompaiiy lo obiain audil in a¢coTdance with 5eciinn 476 of lh¢ Coinpaiii¢s Aci 2006, The director5 4cknowl¢dge tlieir respon5ibiliiies for eDsurinK tliat the Chdriry keeps a¢couttiiTiy records whieh cninply willi 5¢Ltion% 3%6 and 387 of Lhe Compani¢8 Act 2006 and for pr¢parin# ffinancial statements which give a true and fair vjew of Ihe Slalc pfgffaiTS of the charily as dt Ilie end ufthe fin￿nCIal yEor and of its ¥urplu% or deficit for e￿ch finaiicilll yeai in accord?nce with Ihe regUITemenls ocstctions 394 )nd 395 and wknicl) Dth¢iwist Goiiiply wilh thc rtquirtmenis olil)e C¢>mpai)i¢5 A¢t 2006 so Car ay applicable 10 lh¢ cljarily. Th¢ tinancial 51aienienls were ÈppiDved by the Board pf DiiEcir>rs on. sigtted on ilE behulf by.. nd were Nomian W Head- Direcior P890 7 CANAAN CHRISTIAN MINISTRIES (a Company limlted by guarantee) Notes to the FinanciMI Siatement5 for the year ended 31 January 2024 l Accounting policles Th¢ principal a¢eouniing policies adopted in th¢ preparation of the financial stslements are as follows.. Th¢ financial staiemenis have b¢en prepared in accordance with Accounting and Reporting by Charities.. Statemeni vfRe¢ommended Praclicc applicable to ehariiies Preparing their accounts in accordance with (he Financial Reporting Standard applicable in rhe UK and R¢publi¢ of Ireland i8sued in October 2019, the Financial Reporting Standard applicable in th¢ UK 8nd Republic of Ireland IFRS102). the Charit1¢5 Act 201 l aiid the C'ompanies Act 2006. The charity meets the definiiion of a public benefii eniily under FRS102. Assets and liabilities are initially reco￿1]5¢d at historical cost or transaLlion value unl¢ss olli¢rwise siatcd in the relevunt accuunting pulicy. lion £LJ Lqccou171 on coNcern basi.* 'I'he bookshop and Ministries Fund are bolli in a surplus Posltion and, as such, the directors believe thAt no niaterial unLertsiniie5 exist. ALLOI.din8ly, th¢ financial stlllements have bc¢n prepaird on a goin8 concern basis. Tlie uLL()uiils in¢lude all Irdllsactions, assets liabiliiie5 for which the charity is responsible in law. 'rhc fu114Jb Ii¢lil by tl?¢ chiiriiy during the p¢'rioMI wcrL'.- 'Main Ilook'shop Trust Fiind" This fund 5$ urwesiriLied. Unrcslri¥tLmpar¢'d IÉ) IhL ¢illryili¥ amouni. WhLrp Ihc CRnyill¥Y arnvuni ex¢etd5 lis I'ecoviriiblc ainounl. an inipairiii¢ni19%s 15 re¢0￿)1£Cd in iiicome oi, trxpcndiiure, ebioiA Tr&d¢ lln¢J oil)er dcbior$ orc re¢ogTIiSLd 411 ilic s¢iil¢ni¢nl 11 muni due all¢T Jny IrJde di5couiiI oifei'ld. PrepaymeThts are valu¥d ai the èmuunl pr'epaid iiet ofany Irdde di5counis due. rovi Crcdiiufs 8lld provisioiis ore ieuogniseJ wlicn lh¢ cliarity h8s ¥ rrcsetti obligaiioii rcsuliiDg Irorn & pogt the oblJgaiiDn ¢3n ￿ rneytsured OT ¢51iiDated r¢lisbly. Ciedilors ¥nLI prLivi%ions Jre nLbrrnJlly rccoBDised &t tlieir 5etilcmenl omouni aftcr allowing for aiiy Ir&de discounts due. Basi£ linaiieial in5tnimeDls are initially rec()8nised Èi Ira115a¢lJoIi value and subsequeiitly Ineasured I their sciilement value. eAsi The chai'iiy operated & defined Colllrihuiion pen%ion stlieine dijriiig the yettr. Contributions are ¢harg¢d lo the incoine and expendiiuie Rccoiini Iliey become payable. The chai'iiy is exernpl from coryoration lèx on ils charitable dclii'itieg. 2 Legal Slxtus of the Company Th¢ ¢barily 15 4 ptilale company limited hy guarantee guvenied by Charity law r.nglancl, UK. Th¢ cornpanys prc5eniation ciwrency is poiiIids qier)ing. and 3CCOU1115 orc rouiided 10 the ii£aresi L. Page 9 CANAAN CHRtSTIAN MINISTRIES la company limited by guarantee) Notes t& the Finanei31 Statements for the year ended 11 Jonuary 2024 3 Income Irom donatSon$ The ¢harkty benefiis greaily from the knvolvtTrentand support of a numb¢r Orvolwit¢¢￿. In acctsTdJTrc¢ wilh the Cliiirilies SORP IFRS 1021, thc cLonoinJc contribution of g¢neral volunteers 1$ noi reco8nised in the accounts. 4 Incom¢ from And expenditure on ¢haritable activitie5 Page$ 12 and 13 provide a detailed breakdow￿ uf income and expenditure. 5 Directors, remuneraltlon No Tcinun¢ralioii, b¢ii¢f)ts Ir¢im ¢mplvymenl, payment for profe*$ion81 or ¢)Iher servi¢¢s or reimbursed exp¢nses were paid lo any directors duTin8 tli¢ ye4tr, 6 Fee$ for exam5nMtlon tsf ihe aeeounts Year lo Year I 31.1.23 31.1.24 Ind¢p¢ndeiii exirniii¢r'% fe¢s f¢)r reporling on the accounis Oiher fL¢s putd to thc indep¢ndcni examinEr 1.075 1,288 7 Stutf Costs Salurie¥. wages and fee8 Peiision coiiiribulion5 50,439 ¥69 £51.3118 47,944 71J8 L48,742 The average numbcr of paid cniployees during Ihe year of operaiion$ was 412023 41 No cinploye¢ rc¢LlV¢,d rerntinerutioii Iprv-rui¢) of Tllure Ihan £60,000 tD either year, The iolal kcy iiianagLiiiLni p¢rbonncl reinun¢raiii)ii and benLfils WLre £30,4501.10?3 £29,054), There were no r¢laled pany Iransaciioiis durin8 the ye8r12023 nil) 8 Flxed a$5ets- lanElble assets Leasehold The ret)Jrbishment LbBhthouse Fixiiires & Bookshop filtin8% ¢quipment Totsl Cusi At l February 2023 Additithns 5,928 13,677 6,218 4,521 30,344 Ai 31 Jaiiuary 2024 £5,928 £13,677 £6.218 £4,521 L30,344 At l F¢bn￿lY 2023 Cliarge for Ihc y¢ar 5,928 13.677 3.595 393 3,323 300 26.523 693 Ai 31 January 2024 £5,928 £13,677 £3.988 £1,6•3 £27.?16 Nei l)nnki'filllÉ Ai 31 January 2024 £2.230 £898 £3,128 At 31 January 2023 £2.623 £1.198 £3.821 Page 10 CANAAN CHRISTIAN MINISTJUES (a Lonipany IiTnited by guai'anteel Notes to the FinAncial Statement$ for the ve¥r ended 31 January 2024 9 Dobtor5 and prepayment5 2024 2023 TTade debtors Other dehiors Pr¥paymcnig 1.036 2,444 2.263 325 2.222 2.164 £5,743 10 Credltor5 and acrrued th9r¥e$ Tiode cr¢diiors Ta¥ation and social Se￿￿.1￿ Acciw315 3,146 1,764 4,085 1.850 1,866 4,220 £8,995 £7,936 I l Rtsulis for the year Bi)ukshop surplusl(dcfiLiil Miiiisiri¢s I'und surplus 1,774 1,583 11,4Y61 N¢1 surplus for Ihe year 114,017 J2 Dtsnatlons *nd Cr&nls rccelved Donjiions and gronls toiallinB over £1,000 were received OT r¢eeivable from each of Ihe following or88nisaiions.. 2024 202.7 Tlic.%elivyi Tru81 The King's Conimuiiily Church, Siaincs 25,000 1,8nn 1,800 Page11 CANAAN CHRISTIAN MINISTRIES (a Company IlmltL,d by gugrantee) 13 ￿laIn Bookslkop Trust Fund 'l-rading* Income & Expenililur¢ Account for the )'ear ended 31 January 2024 Yesrio31.I 94 YeaTio31.1.23 Sales 42,081 131,240 Cost ot'so1¢5 Ope5)in8 Slock Purchases Lot'f¢¢ l.oiinge Piirchase5 42,516 76,170 41.672 71,298 485 C105ing Stock 44,382 42,516 74,615 70,939 Grosi Profit: 47.sth/o (2021- 45.9°/•) Exp¥n%es (Support costs) Salary aiid pcn5ion LOStS Reni Li#lil, heal and water In5uraIic¥, fire and sccuriiy Teltpl)i>ne. lax and inl¢rnel Priniill%, POSIQ8L and si&iionery .51,308 12,750 4.453 892 665 48,742 12,750 3,245 978 689 1.629 942 775 1,039 743 605 930 AdvvttisitiB and di%plDy Cleuniii¥ lind wablv mano8¢ment Bank and 8wiich cliorgcs Gov¢nillncr ¥0sls'. 8cLiiunianLy and rcl&lLLI Ilibbuts¢mbDIs 926 2,438 465 2,303 345 112.7501 Coniribulion ITOM Minisirics Lcsi 4ign. wiiiduw5 atld elecirtcs Transl¢r fr(>ir Miiii51rics Mis¢¢li&n¥ous 6,335 16,3351 1,540 1,332 66,799 62,735 Oper*tln¥ $urpluJl Idell¢l¢) befvre depreclatlon Deprerialion 667 16931 {2,4341 18621 Opergrtn8 Id¢fl¢lii alt¢r deprecl8tloJt 1261 13,2901 Grant in¢ome rec¢ivabl¢ Doiuiiun5 fcLeived ¥enLral 1,800 1,8(XJ Net 5urplu$l {dL,fjclt) for Ihe yeAr 1,774 11,4901 Balan¢t brought forward at l Febru4rv 2023 78.39.f 79,891 Balance c9rried ftsrw9rd at 31 January 2024 £80,169 £78.395 P8ge12 CANAANCHMISTIAN MINISTRIES 14 comp#ny limited b), gugrantee) 14 Mlnlstrles Fund Statement of Fin*neig1 Activities for the year ended 31 Janu&r)' 2024 Unre$iricied Re51rscied Year10 Unrestricted R¢strie*d Year 10 funds funds 31.1.24 funds funds Income Doiiations and otlier in¢ome 21,245 21.245 44,858 1,773 46.631 £?1,245 £n £21,Z45 £44,8511 £1,773 £46,631 Expenditure DSrect chgrl¢ablt txpendlture 19.662 19.662 15.650 15,468 £19,fy62 £0 £19,661 £15.6$0 £15,468 £.11,118 Net Incomel(expendlture) & net moi'emLnt in IhL' }'e4r 1,583 1,583 29,208 113,6951 Bg14nie brought furwhrd at l February 2023 55,421 26.213 13.695 BAIAnce earrled forward #t.11 JAnuarv ZQ24 £57,004 £57.004 E55,421 £55,421 P3ge13