com¥ No. (K1286814 (En•nd and Wales) Aeglstered Charliy No. Z41936 FELLOWSHIP OF THE PAAPLE LEAF ITHEI IA t¢)rnpany Ibmlted by wJ¥•nt••l REPORT AND FINANcSTATEMENTS FOR TME YEAR ENDED 31 DeceM8eR 2025
FELLOWSHIPOF THE pLE LEAF fftIEI CONTEIITS Pa TIIUSTE£S' REPORT INDEPENDENT EXAMINER5 REPORT STATEMENT OF FINAMCLAL*1VrnE$ IINCORPQPATING INCIJME & EXPENrMn)RE cOuNT] ALANCE SHEET 140TESTO THE FINANCWSTATEMEPITS
FELLOWSHIP OF THE MAPLE LEAF IThEI TRUSTEES. REPORT The TnJstees are pleased to present thelr annual report tc£ether wtth the financial statemtnts for thè year endin8 31 December 2025 (which are also prepared to meet the uireMefits for a dirertor5' fesKJrt and financial statements for the purposes gf the Companies Art 2¢). OBJECTIVES & ACTivmES Our rnain oblertives can tse surnmarised as assistin8 thurthes in Canzda and the United Kingdorn to leam from eath other In the areas of minisiry. edycatlon. and so¢lal £tern and to grant Indrd34 bursaries for study and sharin8 of experiences for Canadian5 coming io the Un5ted Kin8dom and British people8n8 to Canada. In setting our programme for rn•kSty orants eath year we regard to both thè Charity Comm155lon'$ leneral guldance on publlc benefit and the advanMent of rel181¢$ educati for thè public bentflt. Thé Trustees always ensure that the grants are made in line with our charttable obfrecisand •lms. ACHIEVEMENT5 & PEf¢FORWINC£ Durin8 the ye3r the eoard agreed to make 8rants io fi¥e UK indmdual Jppliunts- one ol whlch was to a FML Tru5te who was attÈndin8 the VST Sumrner School - and Canadian Indr31 applicants. The Board approved the 5ewnd annual grant to the Vancouver School ol Theolo8y Nètivt Ministry Conwrtium in support ol Its Summer School. It was noted that our relationshlp with VST continues to be was stron8 and it would like tts make ymiiar lir5ks with other Canadian Theolo811 tralnlng instltutrons In ihe future. Tht Board recelved thanks and very stlmulJtln8 reports from redpients ol grants awarded. FINANCL4L REVI The charitable company received total ¢ncome of £33.61112024.. £33,20814nd incurred a iotal 01 £24,94212024.. £17.2551 by way ol expendlture aVing net incorne of £8,66912024.. £15.9531. Income comprlses diviOtn¢Js and ntrest, generated from Invéstrnents and deposlts. Expenditure Indudes grants made totallin8 E21,297 12024.. £12.8381. The figures are as shgwn In the Ststement of Flnand•l Acth4• The Staternent ol Finan¢i•l Activitits also rdltcts the net Iw on invesiments of £45.527 •fttr • poofer yeaf for lh• markets 12024.. net 8ain on Investmnts £25.4821. Thls tcgether wlth the abort nored net income meafts the overall net decrease In funds was £36.85812024.' net intrease ITh funds £41,435). The TrYee5 are dlsappointed with thls but note that Income dlstdbutlons are sw io be ffl¥lntalned In 2026 as Itw connUe to monltor the finandal tUatIon. In respert of resefyes, the Trustees ha¥e a polSry ol m•lntalnln8 rvAr¥es to yotect againM unforeseen fluctLations In income. Thè policy is to maiThtain unrestrfcted general lunds at a SeNl which would enablt the charitablè tompany to continut the pro¥15ion tsf se(¢5 If its souices of in¢ome were to cease of be delayed significantly in their payment. The Trustees consider that it is prudent for thern to alrn to hold reseThes eouatin8 to one year'5 income. The Trustees are 5at151iéd that the rernainlng balance on unrexricted qeneral lunds was utisfatttxy at 31 Oec*mber 2025, in Ilne with th15 polity. STRUCTLIRE. GOVERNANCE & MANAGEMENT The tharity 15 a coffipany Iifflited by guafantee as suth has no Sha c4Pit•l. It is gortmed by its Memorandum and Articles of Association. Potential new Trustees are usually rttommended to the Oo¥d. sowetsmes another Trustee, someOm& because potential Trustee has benefitted Irorn a FML grant tn the past and they have expressed an interest to be involved, always because the potential Trustee has Some undef5tsnding of Indl8enous mintsiry in Canada. A potential Trustee is invited to attend a Board Meeting to 8et a 'feel' for the way the Board operates and then. if appropriate, an appointment would be made at the next AGM.
FÉLLOWSHIP OF THE MAPLE LEAF ITHEI TRUSTEES. REPORT ICONTDI ADMINISTRAnvE DET Charfty number Company number ReKlrtered ollke Trustees 241936 CIJ286814 IEngland and Wales) 8A Amen CourL London. EC4M 78U ftevd Or Jacob Belder Revd Dr Ellen Oark-Kin8 Re¥d Dr Jennlftr Cooper Re¥d lan Edoar At¥d Dr Owen Edwards Aevd [aYne Engh Re¥<1 Chdsiine lall Ae¥d John Henry R¢¥d Thmgthy Miller Mrs Maf8aret Moves Very Re¥d Andrew Nunn Comp•ny s•cr•t•ry Re¥d nmuthy Miller TRUSTEES, RESPONSIBILITIES The Trustees Iwho are also the Dirtttors ol the th•riuble c(mwny lor the purposes of company lawl are re5ponslblé lor prèparin8 • Trustees, afinual rtp¢yt and financial ststtments in acctydance wrth appllcable law and United Kin8dom Attountin8 Standards (United Kin8dom Gener•lty Accepted A¢counEin8 Practi¢•l. Company law requlres the chariiable company Tfustees to prepafe flnandal staterneThts for èath finantial year whith 8ive true and fair view of the state of affairs ol the charitable company and of its Incornlng re5ource5 and application ol resources, includin8 the Income txpenditufe of the ¢h•ritable company for that period. In Prrfng the linanclal 5tatémtnts the Trustees are requirtd to- - select 5Ultable accounting polioes and thtn apply trn consistènv - observe the methods and prfnclples in the Charities SORP: - make judgements and esifmates that are reason•ble and prudeni.. - state whether appllcable UK accountln8 Standards and Statements of Recrmmended Prattl have been followed, sublert to any material departure5 disc195ed and explained in the finanoal ststtments. and - Ppare the financial staternents on the goiThR concern bays unless It is inappropriatè to presun* thai ihe charltable company will continue in operation. The Trustees are responslble for keepin8 proper accountlng records that di5do5e with rtasonable atcuracy at any Ilme. the rinancial position of the tharitable tompany. and to enable them to ensure that the financial staternents comply with the Companies Aci 2C(6. They are also responsible lor safe8uardin8 the asset5 of the (haritable cornpany and hente foT takin8 reasonable steps fof the preventlon and detection of fraud and other irregvlarltie5.
FELLOWSMIP OF THE MAPLE LEAF mE> TRUSTEES, REPORT ICONTDI TRUSTEE5' RESPONSIBILMES Icontdl The Trustees art responsible lor the maintenonce and Sntegrtty of the chartty and financial information included on the charitable cpartY's website. Le8i51ation in the United Kingdom 8tmIng the paratIOn and dissernination of financial statements may differfrom legiatTr in other jurt5dictions. BY ORDER OF THE BOAftDOF TRUSTEES: Mrs Mar8 Trustee ret Moyes
INDEPENDENT EXAMINER'S REPOAT TOTHE TAUSTEES OF FELLOINSHIP OF THE MAPLE LEAF ITHEI I report to the Trustees tyb my independent examination of the finantial statemtnts for the tharitable company for the vear ended 31 December 202S. which are set out on page5 5 to 9. Respon51bllttlts 0ndilS olrwt A5 Tru5tee5 01 the charitable cornpany land also its Dirertw for ihe Pufposes of company lawl you are respon51ble for the preparation ol the financial ststements in attordance with the reqUIrents of the Companies Act 2Cth (the Art 2fy)61. Havin8 satlsfied mysew that the finan¢L41 Siements of the tharitawe company are not required to be audited under Part 16 01 the Act and afe eli6ible lor Independent examinati¢Y¢. I report in re5ped of my examination ol your charitable company's financial statements as carried out under stttion 145 of the Art 2011 Iihe 2011 Act). In carrying out my examlnatlon I have followed the Dirertions 8ivefi by the Charity CommIoft ufider sett5on 145151 Ibl of the 2011 Act. indeyndeftt emomlftef's I have completed my examination. I conflrni that rnatte h¥4¢ come to rny attention In tonnection wlth the examlnètlon 8ivln8 me cause to believe.. i. ac¢ountin8 ordS were not kept in respert of the charitable comp•rry as reqvired by settion 386 01 the 216 Art,. Of 2. the flnancial staternents do not accorLI with those fecords.. or 3. the financial 5tsternents do not comply with the accountin8 requirements o15ection 396 of the 2LK6 Act Other than any requirement that the finarKknI Statements 8Nè a true and fair View whth is not • rner considered as parr of an Independent exarnination,. or 4. the fin•nclal statements have not been prepared in attordanct th mtthods and principles of the Ststement of Recommended Pract5ce lor accountin8 and reportin8 by chaflties lagplicable to charitles preparlng thelr financial Statements in accordance with the Finanoal Reporting Standard applitable in the UK and Republic of Iland IFRS 10211. I ha¥e no concerns and have corn¢ acrtXs no other matters In connertion with thè examinition to whkh attentlon should be drawn ITr thls report order to enable a proper understèndlng ol the financlal statennts to be rei¢hed. Allson Gray Ch•nered Ac¢ount•nt IICASI Le N¢)yer, Ettikk Terrx• Selklrk TD7 4LE Oat
FELLOWSHIP OF THE MAPLE LEAF IThEI STATEMENT OF FINANCIAL AcfpifflES Ilntorporatin8 Income & ExpenditureAccountl For the Year Endod 31 Dttofflber 2025 UDresvlrt•d Endthvmeni T¢>tsl fvr*ds Total lunds Funth Funds 2025 2024 Income from: Invesiments 33.611 33.611 33,208 Total bn¢om• 33,611 33,208 Exyndltur• on: Grants G•ntral runnin8 COSt5 Independent ex8minerfs fee 21.297 2.943 702 21,297 2,943 702 12.838 3,721 696 Totsl expendltur• 24,942 24,942 17.255 Net Intom• 8.669 8,669 15,953 ILossesll8alns on revaluation of In¥estrnts 45.527 NET MOVEMEpif IN FU14DS 145.5271 136.8581 41.435 RECONCIUATION OF FUNOS: TOTAL FUNDS BRoUGT FORWARD 1061,829 1252 748 1211313 TOTAL FUNDS CARRIED FORWARD I99,58B 1.016,302 1.215.89) 1,252,748 The notes on pages 7 to 9 form pan ofthese finantial statsrnents.
FELLOWSHIP OF THE MAPLE LEAF ITHEI BALANCE SHEET Company No. C(1286814 IEnKlarrfl and Walesl Aetstered Charliy No. 241936 As at 31 December 2025 2025 2024 No FIXED ASSETS Investments 1,093.291 1,138.818 CURRENT ASSETS Cash at bank and in hand 123,335 123,335 114.626 114,626 UAbiunes Creditors.. Amovntsfollinp lue within one yeor NET CURRENT ASSETS 736 696 122.599 113,930 TOTALASSETS LESS CURRENT LIAblUYIES 1.21S.890 1,215,890 1.252,748 1,252,748 TOTAL NET ASSETS FUND5 OF THE CNARrrY Unresiricred funds 199,588 1.016.302 1,215,890 ISYJ,919 1.061,829 1,252,748 Expendable endowment funds TOTAL CIIARifi FVNOS The charitable clvnpany 55 entltl•d to exemptlon frwn audrt und•r 477 of the Companles Act 2( for rhe year ended 31 Dectrnber 2025. The members have not requested the charitable company to obtaln an audrt of its financlal statements for the year ended 31 December 2025 In accordancé with sertion 476 ofth• Companles Art 2(Th. The Trusttrt ackfiowled8e thdr respcffi5ibllltles for: lal ensurln8 that ihe charltable ctympany keeps proper recor(Is ¥thlth eornpty wlth 386 and 387 ot the Cornpanle5 Art 2fJ)6. and Ibl prèparing financial statÈment5 whith 8Ne a true and lair eW of tht statè of affairs of thè thaTltable Company at the end ol each financial year and ol its surplus or defiDt lor the finarKi•l year in accordance with the requirements of section 394 and 395, and which otherwise Cgmply with the requirements of rhe Cornp•Tries kn 2{ relating to financial staternents. 50 lar as applltable to the charitable cornpany. These financial statemtnts havè been prtpared In thè pr(wIOnI applble to companies subjert to the srnall companies re8ime. The financial statèments on pages 5 to 9 wer approb*d by tht Trustees on 22 41ri12026 and were si8ned on their tsalf by.. Mr5 Ma Trustte Moyes The notes on pa8es 7 to 9 form part ofthese financial statements.
FELLOV15HIP OF niE MAPLE LEAF ITrIEI NOTES TO THE FINANCLII STATEMENT5 For the Year Ended 31 December 2025 I ACCOUNnNG POLICIES 8qs1s olpr¢porotkn The financial statements have been prepared In accordance wlth -Accountin8 and AepLvtin8 by (harities.. Staternent of Recommended Practice applicaWe to charities preparin8 their atttsunt5 in accordance wlth the Financial Reportin8 Standard appl¢cable in the UK and Republ1¢ of Ireland IFRS 1021 leffertive January 20191" Icharities SOAP FRS 1021., the Flnancial Reportin8 Standard applicable in the UK and Rewblic of Ireland IFRS 1021.. wlth the Companies Act 26 and wlth the tharity's Memorandum and Artides ol Assotiatlon. The charttable company constitutes a public bentflt èntity as defintd by FRS 102. There are no matedal unctrtaintles about the tharltable compaftrfs ablllty to Continuè as • golng concern. Income retoqnltlon All in£ome is recognised <)nc¢ the tharltsble c(mp•ny has entititm•nt to the Income. It Is prob•ble that the Income wlll be recefved and the arnount of inwme re¢ew•ble can be measured reliabty. Uabilitlès art rtcogni5ed as expendlture as soon as ihere is a legal or construcrive obligatlon commlttSn8 the charitable company to that expenditure. it is probatsle that settlement will be required and the amount of the obli8ation can be rneasured reliabty. All expendlture is accounted for on an xuua15 ba515 and ha5 been classifieil under headings •ppropriatè to the ch•rltsble comwny's drcumstsncts. Gr•nts •re p•i41 once •pplkatlons •re •pprovod by the Truste. In¥eJtfftents Inwestrnents are a form of basit financial instrurnent which •re initsally recognistd at thir orinal transactlon value and subsequently measured at Iheir faSf Value as at th• balante sheet date usin8 the d051w quoted market price. The Statement ol Flnantlal ActItIes 5ncludes the net 8ains and losses arfslng on re4aluatlon •nd dIsplS throu8hout the vear. Furtds Unrestrlcted Beneral hjnds are fvnds whlth can be used In accordance th the obltrts of the charftable company at the dlscretlon of the Tnjstees. Restrstted income funds are lunds that Can only be used for particular purposes within the objerts of the thèritable c¢)mpany. Restrictions arise when specified by donor or when funds are raised for particular restricted purposes. There are wrn1 no restricted incomè fvnds. Endowment funds are also restricted and the charStatsle company has an expendable endowmefti fvnd. reprenting the net lThcrea5e in the value of assets Invested throu8h The CBF Church ol Er8land In¥tment Fund. whkh are held to prlxluce Income ovl of whlch the expenses of the charitable ¢omp•ny ale paid, and a150 the yants madè. 2 INVESTMENf INCOME 2025 2024 Dividtnos Interest 31.644 1,967 33,611 30,905 2,303 33,208 3 GRAP4TS PAID 2025 2024 Vancou¥er School ofTheolo8y Grants to inéividuals Icanadal Grant5 to indiwdua15 IUKI 10,893 2.363 8.041 21.297 11,638 1,2 12.838
FELLOWSHIP OF THE MAPLE LEAF ITHEI NOTES TO THE FINANCW5TATEMENTS ICONfDI For the Year Ended 31 Oe¢mber 2025 4 TRUSTEES. REMUNEILATION AND EXPENSES Revd fimothy Mlller was paid £1.83812024.. £2.2431 ènd Mrs Mar8art M¢)yts was paid £46012024.. £5611 for stcrttarial services durin8 theyear. Expense5 reimbursed totalled £48912024.. £6551 in respea of 3 Trustee$12024: 5 Twsteesl lor serrices provided to the harity. 5 RELATED PARTY TRANSACTIONS Revd Dr Jennifer Cooper. a trustee. recer¥ed a 8rnn¢ of £2.651 for tra costs for 4tterIng the Vancou¥er School of Theology Surnmer 5th0. 6 INVESTMENTS InStMents Cost At l January 2025 At 31 Deeember 2025 76,989 76,989 Valuatbon At l January 2025 Loss on ¥¥luatlon 1,061,829 45.527 1.016 302 At 31 Decernber 2025 Markrt value At 310ecernber 2025 1,093.291 1.138,818 At 31 Decernber 2024 2025 2024 7 CREDITOILS: Amountsfvlllnq due wlthin l yeor Accrued expense5 736 736 696
FELLOWSHIP OF THE MAPLE LEAF ITrIEI NOTE5 TO THE FINANCIALSTATEMENTS ICONTDI Forthe Year Ended 31 De¢ember 2025 8 ANALYSIS OF CHARITABLE FUNDS G•lns & Funds 01.01.25 31.12.25 UNRESTRicfED FUNDS General funds 190,919 190,919 33,611 33,611 124.9421 24.942 199.588 199.588 Total unrestrlrted fvnds RESTRKTED FUNDS Expendable endowrnent fund Total r•strkt•d fvnds TOTAL CHAR FUNDS 1.061,829 45.527 1,016.302 1,061,829 45,527 1,016,302 1,252.748 33.611 1,215,890 24.942 45,527 G•lns & Fundi - PREVIOUS YEAR 01.01.24 31.12.24 UNRESTRicfED FUNDS Gener31 funds Total ufirestred funds 174,966 174.966 33.2C 17,255 17,255 190.919 190.919 RESThCTED FUNDS Expendable endowment fund Tot•1 restrkted lund% TOTAI CHAAITr FUNDS 1.036,347 1.036.347 1,211.313 1,061,829 1,061.829 1252.748 25.482 25.482 17.255 The expendable nd¢)wmènt fvnd represents the net increase in valu of the fixed asset investments, over the orS8inal purtha5e pdce ol the Investments, whi¢h are held in order to prL*Juce iThcorne out gf which the charity e¥pendlture Is mèt. ufirtStrl Ehdwntnt Total 9 AP4ALYSIS OF NEfASSETS 8ETWEEN FUNOS Fund5 Funds Fund• Investments 76,989 123,33S 736 1,016.302 1.093.291 123.335 736 1.215.890 Cash at bank and In hand Creditors.. Amounts lalling due wlthln year N•t assets at 31 I)rnber 2025 199,588 1,016,302 UTrrestA Endowment Tot•1 . PREVIOUS YEAR Funds Funds Fund5 Investmènts 76.989 114.626 16961 L061.829 1.138,818 114,626 1696 1.252,748 Cash at bank and In hafid Creditors.. Amounts f8lltn8 due within one yt3r 14et assets at 31 December 2024 1,061,829