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(A compgDy limited by guar4Dto¢) Company aud Admlntstrnth'¢ InfonHatlon Charlty number 1171925 Company rtra¢ion Bumb¢r 10593926 Registered office ddre5S 121 High Slreei TW184PD Dlrectors and Trust Fiona Craivfcfth Nornmn Head MThllAger BONY M(Kkfvrd Independemt Examin¢rs TLI Rirniiftgham SW 3 IAd Til Assist ACCotants 369 Hauv). R(XKI W¢ B32 2AL Page 1
CANAAN CHRISTIAN hllNISTRIES Reportof th¢ Dlr¢rtDrs Th¢ Dircckns kna pl6¢1 pK5th1ti)g th¢ir r¢wYt, t¢yh¢x with ihe finAnciAI Btsteme4Jtsof ihe C4mJiP9ny rty th¢ v¢ara)ded 31 January 202S. Th¢ dTrj¢ct$ol'the cthnPy are to advAncc lh¢ Christian religiort ti)rtheh•ielit tht'lhe public ilirthjgh the 0#11) ol'# Christian iKx)kshop. ¢hurch resourcecentr< woviston of a c4)un4¢lling s¢rnic& ihe pr(vnolion ofiinilcd chri1 hur¢h a¢hvitiG8 and r&r and pr<xlucing ondlor distributing litffplure ihG Lhri.%tiAn rdigiffl to ¢nlight¢n IAhffs' and thc broodca5ti olChristi&n M¢S$ag bymc&ns ofbr(dCtIlle Christian nSaY of an cvan8dislic and tcathin8 natur Th¢ DI10T% ihat ¢i¥mplied with thclr duty. und¢r Ihe Charili¢s.4ci 2011. to hav¢ duet to th¢ guidr£ on public b¢n¢fii published b)'th¢ Chuity CommissiIM in exercising their or dulie5. Th¢ DitorS hAve ght lfil thaobje¢t5 of th¢ Compllny byth¢ ora ¢entr¢ in Sthinukx)n-Thnmes. Its kYin¢17 aclivity in theveBf w45 th¢Canaan Christian Botskshop. thrall shop belliE)g lilttawr& audio. visual and oth¢r r¢SoueS design to promote thechrisiiin fsith. Th¢ iiryde rang of cal5 for ¢hildrai and adul both th alreads as181 wilh ChristiAn churches of mBny diffemt dL]nalIons01ld quiTerS into the Chri¥li8n rg1igK. Tr CoMpY beth k#n lo 1C8&'S inlu Ihkk(Hnmunil)' and wppli¢xi ¢hh sd)wl$ and ¢¥bj1 wilh bo(st8115gTrd makTi4ls a sal¢ r¢lurn ba515. Th¢ hasA coffee loun8e ar 0ill8r¢f[CS1Mts in i r¢l&wl setting. C$toMerS ld Ihe public ore able to tslk to s munber of st&ff sharin8 anv con¢ems and enquiring ifth¢v wish inlo the chrsiti faitli. The il$hop alw displays l1t¢rah¢d ar¢displaifd of vfirtous Church and Christian 'Thtt¢ ir¢ alw f8eiliti<% for persmal ¢(8ellin& on an &pill1M¢t 1%. Lliargts for Ilie COuTlIbng#rt M a %lidirbg 8cale arKOTdin8 t(Tra pmi'% me4n$. If th¢¢li¢nt ¢annot afford pa}Tha)l. lh¢ c(m.lIr al¢Mg i%ith a l)irector fvlana8cr ofcanaBn rn8y asscs$thalthis shwld th¢ Mini5tri¢s fund. In addil1(Yi. Ihc J3¢x)kshop oft a¢ls as a dropin plAW f¢x thoK scd(ing supp)rtand CnC4)Urabncnl. This rnay involv¢ l)avc meDial health i5suesor sunetime5 thos8 ,ho ar¢ h(Nn¢l¢ss. Part of Ih¢ N4ini$ti) of Cafti•n is io support list ond r¢f¢r on wh¢r6 llCQe55llry. hascLmttiiu¢d the10¢41 conllnllnity and chu[d5 thn)ugb Conaan Ministries. which iTr¢lud& working e105e]s with the I(41 Churthes Tog¢thkY wps. C8naon pvovid¢s infonnaiion and ¢I1ra&am¢nl to th¢ lo1 ¢hurth¢5 as a liub and in the wmrnunity.. A ¢b$ll¢ exis10 provide infomi&tion on the SLvice and rlyJrS il provid&5 a8 well as tvMi$ lh¥t¢PUI I¢xAlly. 1$ Alsoa 141 maia sit¢. AdeVemEnts al PerfomMn¢e Allhougli trAding conditionson th¢ High Str1 ¢ontinue to b¢ c]iallcn8ill& tli¢rt a nK¥J¢51 InCrA 5Dl6sovff th¢ prGvious yg•r. SOUK Clitistiatt bo(&shop$ in th¢South ofEng]8nd llave closal in r¢XQJt yi4rs and ler havb be (wxosions Uiis year Ml)ete Canagn able to takeovtt si(k at fav(trur•bl¢ r41¢x from bu$in¢v44 th91 live winding up. BAry Klocktud 8nd all and volunletts continu io w¢)Tk' vtty liArd thrghOut th¢ 5'¢4r Ritsl thtt¢lias ntinUed to be * signiti¢antnumbtt 0t1d¢0n¢ artd on-lin¢ ord¢rn tog#hLT loul dcliveric5. Irin8 OEKDin8 hour4 c4mlinu&s l() bs a lffl and friffldl), atsn(bsph¢re wlhin the hJK"shDTr thich Tem&ins a huh fi)r l(Kal ChriMi8n ac11viti 8nd communtty %up1. 'lkn¢ l.ithihouq¢ RIKVll itrthich w#8 npen Lanaan'$ 41kh i Novonbc¥ 2019. has bn uscd ftt quiet MlInEs1d couftsclling s¢ssions. Th¢ manager porfi¢ipateJ in the 24ay Christian ResoiwcsTogether in Dth)yshir¢ and IMintoin41 stAnd ot th¢ 2-dLy Christion Rem E%hibitiOll ai Sllndo Pork. Th¢ Friendsof thaan Sth¢tn¢ ntinU to provide valuabl¢ wpwl for thc Cmpanvwld ha5 tsr 70 M¢mbers who CL1nulE on a rwlar b&sis. Whert¢vtt th¢ Mager c an5'Dirhls swking gA¢Mts in I1 OPWIThinity is tsL"Em to speak abWtCa[ta Christian Mini5[riesar make it5 wcrk kno1. From lime lo tim¢ theCompAnv pmMd¢s r¢wurce¥ lo inslitutims 8nd or81n1lin¥ byufr¢rin¥ thun fr b)k¥. Ov4Yall the ])ir{sre sYlisfi&t Ihal Canaan Chri51ian MinislriL¥ ¢Crtiinu¢s k) f]r*I il% 4)bj¢xlives rexL]i Wl lo llie L(miiunilv Ihal il k) ¥È¥V¢. Cana¥J) olTtts a prof¢s$ional, confide41tial uSelling strviee OPJL to anviMtiitho i%ll1d lik¢a plact to discu$5 p¢r50nal isw¢s and challa)$ th¢y Jre f0¢U)8. It deals ilith Dn5' issucsThn8iiig tr(mi k"r0LvE7nil. depressi Page 2
anxi¢lv. Tdati(mal dilTi¢ultie& ¢hall¢nging lif¥¢h(¢¢s. 11 olT¢x5 8n apprthch lo c(N]iisdlin& lIhin ll Christian Hthi¢h ioh¢lp individuAls resolve their dil¢u1t1e5. c(nEe1]Dr5 ivill thcourng¢ liidivid3lS 1() knThTrJore possibleT(X)ts 10 Iheir pyoblems as iill as help th¢ llidividu41 to lind pol¢nlial s)luti¢m.% in¢ludinB on), r¢5011r availabl¢ Iv ih¢m lu als1 chang¢. c$¢][F$ •f¥' nim-judganll will not in1)1¥. wlulion&. bui rallier respect thL autonomy of43¥ individual. Cla)ts C b¢of4tiy faith or i1]¢ and Coun¥dlors ali1¢ todaLYnJUi¢ iv11Trther or not issue5 ofrdigLOU5 bdi¢rrorm of ih¢ dialogu¥. lrt addition Iliercnre Y3V(Yal pwl¢ ÉThk> Il)¢ shop ulJ() arb inply lookii)g r(Y ali •)¢uJr3ging word or Itslenjii8cAr. li is 1r kli¢fthat througli thi& Ih¢s¢ wpl¢ Bf¢ NI]y ]K1p1 iii th¢yr dnili. Iivis T71 ar¢ LlIV Iwr profo$ionally Ir&inaL Coun11[5 th¢ in iV¢4" mind.10 dillini li¢lping Ihem with thirpmhl¢nLS. -lkne have sh() yeat uThlerstftnding thr Ilie In lil in iirylh shnp Eing hwrs and. th¢ appropria provid¢ a nlI18 scrvicc frn thiar hom usin8 1knl•(x]kn and vida) link"& Flnanelal R¢¢ The SlakmLmt ofFinan¢i&l Aetivilies i$s¢tout on pfjg¢ 6 showing thk ¥1111 forthe VE2r 31 J8nuAtv 2025. The cOmn5' 8¢#1 ift¢ixn¢ in th¢ b(xJkshop and COIT kwng¢of 1154.6821202¥£142.0811. ..Ir¢OV1nB purchos¢s and thert bkShoP dcfi¢it of£59 (202&£261. Hoiiu'iy. dTh)ahoi)$ l#ll1mE £1.800 {2o24-£1.8() re¢41v. rthvlting in o or£i.741 (2024-£1.774}. ll Nlinistrias Fut)d I1Ved inwm¢of £19.729 {202dk£21.245). I".or 811 dLNJation& li¥ WbY¢ Vv 8fiLidknl. A l(NAI ()r£14.7151202£b£19.6621 was spenl u] mini51riLsLth%ls. As a r&4uli. Ili¢t¢ Was a %Ltrplusvf£5.014 (2024-£1.583) Bnd lh¢ a¢¢umUlad balsnee fultsre 31 Jarnisrv 2025 i%as £62.018 {2024-£57.004}. Th¢ r¢wli a %urp]ys of£6.755 (2024-£3.3571. Re5trves Poll In ordcr lo COV adKrs¢ ¢Ér¥wmslRn¢ts. il 1$ ih¢ Dirrftors, polic¥ IL)maintsii1 l11)KStrt¢t fvndx b¢ing th¢CompAnV¥ Ir¢¢r¢srn as foll¥$.. -.lthc Klain l.und rqKthi% Trin8 ¢apiial tt) m4intsin th¢ 81cxL 8nd otherr4litrunls nr th¢ Ik.hp. - Th¥ Ministrics Fund is mainthinol. .[Ye w55ibl& kt a lo incltsd al %i% monih$' unr¢5tri¢t dmini51fkliwc ¢kpMdilurc &id rngoing ¢X1 including salariu: and alg) r¢qWn lo ministynojls a5 thEy llri. Ai 31 Jmuwy 2025. the i%Ere nor¢stricknl fimds. ttu GDiernance & ennt The goVernin8do1rttt1 ofihe Chwiiy is ils M¢mornndum and.4rti¢h of .4$viation d4kd 11 Jwiu4ry 2017. Th¢ of Ih¢Cc>mpAny is lh¥ OVrYg11 r¢swisibilil> orth¢ DirLYliirs fvrnialli. Ihrtt diiring Ih¥' yur 4nd di¥onnual m¢aing with sup1. In pursuiD8 thethjecliveswid activilie5 ofth¥Companv. duriijg le y th¢ DirLxkvsanplo)Ed full-liDi¢ ld adulis i)n a part-tini¢ ba5L¥. Th¢ iiiinaw atrum ov¥all re5wJnsibility fcty the v8r1S as¢1$ (Trf Canaan's worl tn¢ludingthai vfiiittnaw orth¢ IMK)kthop. btykrtPlll8 #nd htt ptt5£rt artd admini5knti%'¢ dull. The policy oft'thccompanv is lo us¢ voluiil4rv w-¢r$ in •dditi(m to paid stsii.. 11ii5 lin1i15 thethl1 cost% and Ild0pFx1unIti&1 f(KLhri%lian $ttvi¢¢ to a f¢w ppIC ilillingicb wpprvl and pmmnity our lnTK-. 'll)¢ l)ir¢¢lNs wtt¢ mn8t apwcLialivc nf the assiraanc¢ nfsix vnlunt¢>X5durinB th¢ pasi v¢ar. and als rQgl th¢ valuobl¢ctrlbutIOTr lo Canalln'5 ministrvmlldc b% 1Ji¥ Dirc¢tors ii.ho hav¥rd1rL from OifKcNx(tly. li is ih¢ DtNxi(ff$ policj lomaininin on aiYdM¢s% of Ih¢irTquirenKmts and rw%ibililits rardIng ri5L Alihough Do fnal TisK' asse%11[ IS rwird fir the¢harity ai ils Tra)I %izd Cnnfyfyn liis a ilYin poli¢i' IhAi is giva) to Staff. re8uiarlydis4ss and nThiltr risks w¢h ll5 h11 atkd saf¢w ¢M¢EYn%. criiiim io el¢¢iion o Ire¢rS The 8OvLmingdimet proi'ide5 lor a minimum ofthr¢¢ DI10Th and il is iliLryr polic%. to ChSe 85 nth. Dirrftors p$ who live locall). and hAveshoMn real irtler and for Cnaan. a$ i%¢ll as ¢ontribuiing purli¢ularbkill% and lh¢ spirilual d¢v¢kwml and PrnJVTUmiill8 1)f¢ii¢ lIVi11¢S. AcuxdLNy. thrwWKwI rIx1 y%% lh¥ Dirwl(K¥. di¢ I'Th%1¢ hAI'L InLIud pertss wilh yu8lificatiun and experie41c¢ in fil¢1%]. piop*ty and busin¢s5 mm88?tr. Rnd iilii) repreit ditTLYLmt ¢hurch&¥. detslls Page 3
Chorilv numb.. Compaftynumbtt.. R<gi5tttal addms.. 1171925 10593926 121 H1h Strt Mid411KxK TW'18 4PD Thc DI0 ofcanA&n Christian Minislrios from f¢tsuary 24 to Ihe dak ofthi5 r¢wrt hlr Norman Mr5 Crawforth lapp)intal 21 Marth 2024) Mr 1%n0Thd 1.:8hir¢vha {apEX)inieMJ 21 March 2U241 RGV Mirhad Burloy(rGtirod 21 M&rth 2024) Nqr Baryy mkford {Manawl Mr Kiildeep CIM& Tax Bimiintham SW 3 Lid 369 Ha8lwrf Rood Wosl. (ntn. Binnin8him B32 2AL CAF BonK 25 KinBS Hill AVu&. kin81 Hill, Wast NIAllin& K¢iil. MF19 4JQ Thi$ report I$ be¢n prepAraJ in aw)rdaV with ¢h¢ spwial pwvisioN fLY nAII c4)nipni¥ undtt Part IS of lh¢ C()p41 A¢1 2006. Norni W Head- Dt( 13 O¢tober 2025 Page 4
INDEPENDENf EXAMINER'S REPORT TO TItE DIRECTORS OF CANAAN CHRtSTIAN MINISTRIES I rcporf to th¢ charity dirc£lors on mst &iainiiialion ofihc accoiinls ofih¢ conipany lor tlic ycar cnd¢d 31 Jftnuary J)?5 thich 4r¢ 8¢1 out on p88cs 6 10 11 si rtiid has. Th¢ ¢harity's dire¢ts ar¢ r¢spon¥ibl¥ for Ili¢ prcpralton of tli¢ a¢¢ouni% in aKordan¢¢ Milh th¢ r¢quirements of the Companies Acl ?(M)6 I"th¢ Ad"). Ilavin8 sali¥ficd m)seifihht Ihc Accounts ofihc compRni' Ir¢ noi Teqiiir¢d itt b¢ aizditcd urtdcr P8rt 16 of ihc 9006 Aci and ar¢ ¢ligibl¢ (or ind¢p¢nd¢nl ¢iaminalion. I re)rt 111 r¢spect ofmy cxarninalion of VOLir cornpanly a¢counls ns cAryi¢d oul iiiidb'r section 145 orth¢ Chariti¢¥ ALI ?01 l {"Ih¢ 2011 Act.). In ¥anvin8 out my exami1101) I ha. rollo th¢ Directio1)8 8iveii IhL C'harity Commission under seclion 145(5Xb) of Ili¢ ?01 l Acl. I have wmpleta mv curninalion. l oonfirm ihAt no mrtiiers ve conic lo m%, Attcnlion in connection Iviih th¢ ¢xfjminolion 8ivin8 me cDu¥e lo b¢liev¢ ihtsl in om, InJl¢rial r¢spo*l.' ac¢ounlin8 record8 wrre noi kcpt in r¢sPCCt ol"Ihe oompam. &5 r¢quir¢d bv x¢tion 386 of the 2U16 A¢l'. or lh¢ accounts do not accord with ihose Ivrds. OT th¢ a¢¢ounls do not comply lIh th¢ a¢counlin8 Tcquir¢m¢nls ol's¢¢lion 35Y) ol"Ih¢ 2(K16 Act other than any r¢quir¢in¢iil Ihal lh¢ nccounty BIVC J'lruc oiid fuir VIC which is not ntter Collgidercd 89 parl of ail iiid¢pe1tl ¢Xamiiihli)'. ur th¢ ac¢ount$ hiv¢ not bcen pr¢pured in &c¢ordnn¢¢ imili tho In¢ihods fjlld prinoipl¢3 of tlic Staleinent ol'K¢coinincndcd l)facli¢¢ lor J¥couiiliii& ftiid rLporiinB by charilics (appli¢abl¢ to chtLrili¢¥ pr¢purin8 iheir llccount$ in n¢cordOi.L ii'iih IIK FinArt¢ial Reptsrliii8 St&ndArd applic4bl¢ iii Ihc UK and R¢public ol. IT¥laiid (FRsIl). I liave no concenis and hAV¢ com¢ aeross 110 other mAtt¢r5 iii coiin¢clioii iiiili thc ¢i8minalion lo which nttcnlion should bc draii'n iii tlii5 report in ordcr io ¢nabl¢ u prOr uiid¥rslfjThJin8 ofih¢ awouiits to b¢ reached. uldeep Sahota CIMA Independent Examlnei. TX Birniin8ham SW 3 Ltd 369 Ha8ley Road We51 Quinion. &'rniinghom B.I? ?AL Page S
CANAAN CHRISTIAN MINISTRIES (a Company Ilmlted by 8uarnntee) Statement of Financial Activitles for the yeAr ended 31 January 2025 (In¢luding Ineorne and Expcndlthrc A¢¢ount) UnreslriLl¢il Rk%lriili%l Y¢ar IL) UiirL'slriL'l¢d Re¥lriLie¢J runds ruiid$ rund5 rund5 YLTr to Ineome Donallon• And GrAht$ thiialions- CanHan li1$tri¢S and Geiral ?1.5?9 ?1,5?9 ?3.045 ?3.045 IncornL. from ehArl¢bl¢ ae¢lvl¢les Qpcralion of Canaan R(Jt)K'shnp 154.6fS? 154.687 149,nAI 14?.OAI Total incon 176?11 176?11 165.1?6 165,1?6 Expendltuit Exp¢ndllur¥ on eh4rlt¥ble ¥¢tlvlil#B Canaan Dookshop CAn•an Ministries 154.741 14.715 154.741 14.715 14? 11)7 19.66? 14? 107 Total expendlture 169.456 169.45(? 1111.7C)9 161.769 N¢¢ Inwm¢ net movenKmt In fundi for the V¢Ar 6.755 6.755 3.357 Reconeiliation of funds To¢#1 fund¥ brought fonv#rd #t l Febrnary 2024 1.17.17.1 1.77.17.1 1.3.7.816 17.2.816 Total funds can4ed fonvard at 31 JAnuary 2025 £143.9?11 £14?.8 £137.171 £137,17.3
CANAAN CHRISTIAN MINisfRIES (a companv limited by £uarntee) Balance Sheet at 31 January 2025 llwnber IIIS93926 ?(L?4 Not¢$ fixed Assets Tangibl¢ a55cts ?i69 3.1?8 Currejjt Assets Ekbiors and prep>inenls Cath at bank and in 5.743 .714 lil.) 14.1.114 Liabilities cr¢dil0 [lIng iviihin 8.995 Net Current Assets 141Ji9 1.14.(M5 Net Assets £141.9 E137.171 The funds of tk tharity ljnrcstricicd furKL$ Re8tricioJ itKonx fwKIs 1.17.17.1 Total Charity Funds £143.9 £137.173 Trsc acwjnts ar¢ pr¢rArryl in accordttftce Mith the s111 Pro1$10n$ ol"Part 15 of the Compani¢s Act relaiin8 to smoll cOmnIc& ror th¢ year ethj 31 January t1 compAni ¢nliUvJ io itPIlon from &j11 d¢r wtion 477 of the Companies Act Th¢ M¢m1K haTrr not requird ihe compn¥ lo obtsin an audil in accordan¢¢ iiith cliort 476 ofthe Companics A Th. Th¢ dir¢ctors aCKlY1¢d8C ih¢ir Te5ponsibililI for ¢Th5urin8 thal thecharii!. keqis accounting records ithieh complv iiilh sections 386 and 387 01ihc Compnies Act_VM16 and for prepring f1mlA1 alnents Mthich give a and fair of th¢ ofaiTairs of th¢ charilN' a5 41 lh¢ ¢nd ofi financial year and of its surplus ord¢ficii for each fina131 itar in #Lrorkn lih the tequiremcnts of 5cclion$ 394 and 395 And which h¢VISe compl!'Miih ih¢ r¢4uirtnnts ol"theCompanies ?O(kS so faT 2$ aNjlibte lo the charitv. 'rh¢ linarKial al¢mLm15 tre approved h. Ihe Board of L)irLYkns cffl I l cktoT_Tr_i and rre Si8ned on its behaifbv.. Nornmn W H¢ad . L)iT¢¢Ic
CANAAN CHRISTIAN MINISTRIES (a company limited by guarantee) Notes to the Finanaal Statements for the year ended 31 January 2025 l Actounting policies Thc principal a(tounuDg policies adopied in the pTcp2Trln ofthe financial SLgtemeMs are as follos. The fmancial statements knre been prepared in ac[dae ii'ith Accounting 2nd Reporting by Charities: Sthiemeni of Recommended Practice applica>le lo charilics preparing th¢ir accounts in accordance ii'iili Ihe Financial Reporting Standard applicable in the UK aryt Republic of ircland issued in Oclobcr 2019. the Financial Reporting Standard applicable in the UK aNI Republic of Ireland (FRS102). thc Chariucs Ath 2011 and Ihe Companies Act 2006. The chritiT meets the definition of a public benefit enlitt. under FRSI 02. Assets ind liabilities aE iniliallv recognised ai histori1 cost or Iransaclion value unless oil)eni"is¢ slaled in Ihe relei.'anl accounlin8 wilia,. Pre ralion n Ihe acth)unt.Y on a in cnne rn ha.fi.f T] booksliop and Minislries Fund ate boui in a surplus posilion aThl. as sucJL Ihe direciors believe t11 no matetial uncertainties elist. Accordingj).. fi¢1a1 slatemems hai"¢ bc¢n Ppad on a going concern basis. Fund.sAccounli Thc accounis includc all transKtiOlLS, 855¢ts atMI liabiliiies for ii.hich I1 charity is rcsp)rsiblc in Jam:. T1 funds hekl by the chwity during the period We.. 'Main Bookshop Trust Futxl.. This fund is unreslTicled. unTencIed funds can be used in accordance with thc charitablc objccts of thc Companv al thc di5Ctclion of thc dircclOIS. 'Minislries Fund.. This mainlv cornpti5¢5 an unreslricied fund availablc for ministry costs such as maini¢nan¢e of counselling facilities awl occasional public Chtislian nK¢lings. as well as supporting thc primar), acliviry of running a c1$11an booksly. Rcslricicd funds TcpsCll1 funds which mai, onlv be used for a panicular purpose b). tk ctwity.. bul rcrn3in M'h)ll)' undcr Ihe control of the ch8ri1!'. Note I I proi'ides fllrt1r details reEIng ihe5e funds. Inconie Income r¢presents amounts receivable during the period 1 or1u¢ added iaK iluding amounts from donors. Income frnm gifts is rccognised M"h¢n the charittp has enliilemenl lo the funds. li is probable thai ihe income will be reLYived a1 the aDK>unl can be r¢liabh'. In¢om¢ lled from HM Revenue & Cu&onTh in forni ofiai r¢ciairncd on gift aid donaiions: is rccognised H'hen Ihe income lo ivhich rlale is TeLl'ed. Grants atKI legacies a [gnised M,hen Ihe ¢haTilv becomes l¢gall! eniiiled io e1ve 1m. Inte is Tccognised iihen rcceilable. Gifts ofslock ar¢ ?lued ai the lowerofi ank)unt Ihe chariiy Iv4'e been M"illin8 io ). lor ihem and realisable value aNI wn rcc¢iv¢d. ndiiu Expenditure is re¢ognis¢d 0e there is a legpl or constrnctive obligation lo rnak¢ a paymeN io a third partv. A is pmbable thai settkmeni iiill be required arKI Ihc amounl of Ihe obligation can be measured liabl. IrTeco'erable VAT is char8ed as a cosl again 3Clii'ilY for ii,Iiicli the e.IpeJMlilure li'as incunEd. Ependitu on charilabl¢ xtiNitie5 include5 the operdtioTr of a bookshop and minism. costs as dcscribcd abovc. ECli1Vrc ¢icICS lin ald maieriajs fe]1' giiicn b!. voluntccts. Page 8
CANAAIY CHRISTIAN MINisfRIES (A eompan) limit¢d by %uArantee) Notes to the Flnan¢ial Statemonts for Ihe yMr thded 31 JInry 2025 l Aeeountlni polkiulu•ntiDued) T&n8ibl¢ fix¢d assets are ststed at ¢051 or ltion l¢ss M¢¢umul#l¢d depffcition SNI aeeumtsl#i¢d iMpAirnnt losse$. Cosl incl1¢5 CO515 dirffily Oiiribulkble lo moLii)B Ihe assels CRNLble ofoperntirt as int¢nd¢d. Lkpwcialion is wovided on All I&1bk fixa A$8e15 al rai¢y cal¥ul#ieO u'rit¢ off the cosl l¢ss estimpt¢d raid1 Vol of each ass¢t on # s)¥temaiic basis oY¢r its Liped useful life as rollowa.. L¢as¢lh)Id r¢f¢irhi#hmenl Tr Li8hihous¢ rtxtur¢s and fillin83 Equipmcnl Jlrni8ht line over ih¢ krn) ofthe l¢a $irni8ht li IS•,. reduein8 bala¢ Stock"s ar¢ slated at ihc loiirr olcosl and ¢IMal¢d 5¢11in8 Pri1¢5S ¢051s to 5¢11. tknnaied il¢ms of giock 4r¢ reco8nised At fair vilu¢ which is amount the chrit). MDuld hi'¢ been lIlIn8 lo poy for the i1cThYs on Ihc opcn mgrk¢l. Cost is meaSud on A firsl in lirsl out basis. Ass¢1$ nol m¢gsurql al f•ir value arc revi¢Mrd for am. iThJition ihi ih¢ assa mii, be iMlrea 41 each balance sheth dat¢. Il"such Indi110n ¢¥ist ih¢ tt¢ov¢rnble anb)unt ofihe awl. or Ihe as8el's ea$h 8¢n¢ralin8 unii. is ¢slimilol and wmparcd io I1 canyin8 arn1. Whcr¢ lh¢ n1'In0 amount ¢%¢¢¢di 11$ ff¢ov¢rnbl¢ amounl. an impairnth loss is r¢coBniscd in irtomc or ¢%nditUr¢. hi Trnd¥ arAI otlw debtor¥ rewnised at the gBiilern¢nl amounl du¢ aft¢r om, ir4d¢ diounl 01TI. l¥¢pa)Thnl5 ar¢ value4J #i the allh)uni pfewd net ofani, irade di$nIS d. Cmlilors and Provisio are r¢w8nis¢d th lh¢ ¢hJrih' hos ts ryesent ohliBation resuliing from a post ev¢nt thoi 111 probably result in ihe irnnsfer offuftd5 to a third al th¢ amouni du¢ lo setti¢ Ihc obli8Otion con be me85ured or CSlima¢¢d reliablj. Lr¢diklts provisions arc nomwll!. feCO8nised Ai iheir sdil¢menl IU1 atkr allown8 lor trade discounls due. lolinJ Th¢ ¢h4rilY only h$ fin11•1 Dssds and liabilili¢5 ora Lind thli wlif!. as b8si¢ fin1•11 inslwm¢nts. Ba51¢ lin117 inslrum¢nts are iniliallv r¢¢owud al irnnsiion i•lu¢ and sUbs¢q1¥ mea8uKed al their s¢ttkm¢nl valu¢, TIK ¢haritv o d¢fiN¢d ¢ontriblOn 11011 Sche1 duriiw th¢ yr. Loiitriiwli0115 lir¢ ¢h8r8¢d io ihc iwrnc aThl ¢xP¢itUr¢ ac1n1 as ikn. Iwm¢ pa)'ablc. TIK ¢haritv is ¢%empt from corFx)rnti4Jn on its chg1itsbl¢ Xiiviiies. 2 Leyl ¥¢atu¥ of the Comp*tty The ¢harily is a privale ¢omFmnv limit•J by gwrnnlee aNI BOveM bi charity lam, in England. UK. Tk company's presenlhtion cUrr¢V is pounds thdiiig. and a¢¢ounts arc Tond¢d to £.
CANAAN CHRISTIAN MINISTRIES (a cornpan) limited by guarantee) Note5 to the Financial Statemenls for the )tar ended 31 Januan 2025 3 Incomc from donatn5 'lThe charity benefiis greatfy from the invohtm¢n¢ and ora numbtr ofi.Dlthfieern In Aeeord iiilh the Charities )RF {FRS 102). the ecoThHnic ¢onth10 of Bcneral i'olimiccrs is wsed in accounts. 4 Income from and eypendithre on charitable actii'ities Pagcs 12 8T 13 prrntidc a dcthilcd hfcak.&)iiTJ of irKomc a1 ciTrrnliturc. 5 DireclorJ' remuneration No ranun¢ratioo Ecrfits from emploimenc P8vm¢rt for pml"essh)rnl or oiixy ryCes or T¢llnbufsed eiyensrs iirr¢ 10 dI[lo[S during the 6 Fees for examination of the xcounts Year io -11.1.25 Year to 1tsjemle{ oxamits fe¢s l(Y rep(Y[l on accowts 1.358 1.288 7 Staff Cosl Salarie& iwes aTrl 1¢¢$ I)ension contributions $4.638 894 £55.i32 5).439 £51.308 'll averagc of paid ¢mplovees dwi] i'LYrofopwations M•s 4 (7024- 4) No cmplnycc TeccivLxI rcmurmiion (PTra) (bl"moTC £fi().a(M) in eir Ncor. The iotal key management ws01 remuwdtion aThJ benefils MEre U2,lQ) {2024 - £30,450). There WEte relatpA party [raw¢li0 durirg tl (2024- Ivl) 8 Fixed &8sets- tangible asxts Fiilures & B(vkshop tefiwbishnKni lillin8s equipm¢nl I'othl Cost Al l Febnw%' 2024 Additions i.928 13.677 6218 4.)21 30.344 Ai 31 J)nuory 2025 .928 £13,677 £6218 £4.521 £30,344 DLprecialK At I februthN 2024 Clwrge for th¢ year 5.928 13,677 3.988 27216 559 224 Al.3 l January 2025 £5.92% £13.677 £4_111 £.l.A47 £27.775 31 January 2025 £1.89) £674 £2.569 At 31 Janry 2024 £2,230 £3.128 Page 10
CANAAN CHRisfiAN MINIsfR]ES (a company limlied bv guarantee) Notes to the FlnAn¢lal Sts¢emenls for th¢ year ¢nded 31 Jmian 201fj 9 D¢btors and prepaynKn¢s ?L?4 Tr8d¢ debtors Oiher debiots PwAyMi¢nts 749 1.036 £5.?4.a £5.74.1 10 Credliors and a¢¢ru¢d dmrses Trade CTedilors Taxaiion and gXi41 wwrily A11$ 4.14( 3.146 1.764 4.085 4.1 Élo_7 £8.995 I l Rowlt# for the ye4r BookslK)p juluS Minislrics surplus 1.741 5.014 1.583 Net surplu¥ for ih¢ )V4T £6.755 L3.357 A2 DonatlDns Grant¥ [kKU10n¥ a1 lu111n ov¢r £l.IXKI I&.1¥ L)r f¢LYiabl¢ Irom ofih¢ followin8 or8aniAali(ms.' ?Q5 ni¢ Kitw'¥ C¢)mmuiiilv Chur¢h. Sthin
CANAAN CHRISTIAN MIMSTRIES (I comp•ny Ilmlted by guarantee) 13 Muin Boi>kshop Trn¥t Fund Trndln& Ineorne & ExpeThdlture Account for the vear ended 31 J4nur4ry 2025 YcllTlo.31.1 ?5 Yearlo.Jl.1.24 1 $4.68? 14?.081 Opcnin8 Stock Pur¢hase3 COITLL Louiiu¢ PuTL.hay#¥ 44_189 76.170 311 491 clon# $14xk 41).6(13 44.38? 8.1.544 74,615 Grom Prnflt: 46.0•/0 (2024- 47.30/0) Exp¢nx¥ (suppvrt ¢oili) Salary aiid p¢iisioii ¢osls Rknl Light. heal and w4l¢r Insur4nce, fire and qeeurilv Td¢phone. fa¥ and inleThKI Prinlin8, poglagc and sthiionery R¢pair¥. nwinl¢nHn¥¢ #nd hir¥ AdvertiSi118 aiid displa>. LI¢RninB and waste mgna8¢menl Dniik 5wil¢h ¢hir8¢1 Gov¢mance costs.. a¢counlanci' And Klalcd disbursemenls Sub5¢riplions and licenccs Coniribulion from Minislrics Ley% 18 wiiidoiis al ¢l¢¢lri¢i .1 rnnsfcr froni Ministrics MiycellaneoiL¥ 55.5.1? 51.308 4.7?4 l.nCi9 565 1_149 1.7?1 1.039 743 6U5 9.10 513 5? j 9411 ?.438 465 (1?750) 546 (1 ?.7501 l.Q46 I l.U461 I.IW7 (0.3351 1.540 71).6.18 66.7rJ) Operatln8 surplu$ before depreelatlon Dcprc¢ialion 500 {559) (69.1) Oper#¢lng (dtfieh) after (kprecl•¢lon (59) {?6) tiraiil iii¢ovie r¢ttiv8bl Donolion$ e¢ltd - 8en¢rnl Net surplui for thc year 1.741 1,774 Balance brought forward at l Febrnary 2024 80.169 78,395 Balance ¢arrled forward at 31 J•nu*n' 2025 £81.910 £80.169 Page 12
CANAAN CHRISTIAN MINisfRIES (a cornpany Ilmlted b) guarantee) 14 Ministries Fund Staiement •f FthaDelAI Activitla for Ilbeyear ended 31 201$ Unr¢slit¢ll Restrickd Yew kn UiiresiTicfrd ReytrIcl Year lo rul5 ruThl¥ runds Ineome Donalions and Oth income £19.7_ £19.7?9 L?1 ?45 £0 L?1 ?45 Expendltsre DSre¢t ch4rltbk expendhure 14.715 14.715 19.6(L? 19.6L? £14.715 £0 £14.71 S £19.(&? £0 £19.6L? Iyel Income and net movement in the year s14 5,014 lJ83 1.583 Bthnce brought forward at l F¢brnAry 2024 57.(M)4 57.(K)4 53.4?1 55,4?1 Ballnce ¢arrled forward 4131 J#nury 2025 £6?.018 &5?.018 £57. £57.004 Page 13