Company registration number 3623498 (England and Wales) Charlty reglstratlon number 1071663 (England and Walgsl Charlty reglstratlon number SC043446 Iscotlandl CHRISTIAN VISION FOR MEN ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
CHRISTIAN VISION FOR MEN LEGAL AND ADMINISTRATIVE INFORMATION Trusteès MrEAKDring Mr B T Priestley Mr D C Thorpe Chlef oxecutlvo offlcer Rev N 81ackaby Country of Incorporatlon United Kingdom (England and Wales) 3623498 Charlty reglstratlons England and Wales Scotland 1071663 SC043446 RegS8tered offlce Slaveley Melhodisl Church Chesterfield Road Slaveley Chesterfield Derbyshire S43 3XD Audltor Slopfords IMan$fièldl Limitèd Synergy House 7 Acorn Business Park Commercial Gale Mansfield Nollinghamshire NG18 1EX Bankern HSBC Bank plc 45 Milsom Street Bath BA11DU Lloyds Bank plc 83 High Street Sevenoaks TN131LG
CHRISTIAN VISION FOR MEN CONTENTS Page Trustees report Slalement of Trustees responsibilities Independent auditor's report Slalement of finanaal activities Balance sheet Slalement of cash flows Notès to the finaneial statements 10.20
CHRISTIAN VISION FOR MEN TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 OCTOBER 2025 The trustees present their annual report and financial stslemenls for the year ended 31 October 2025. The financial slalemenls have been prepared in accordance with the accounting policies sel out in note 1 to the rinancial slalemenls and comply with the charity's governing document, the Companies Act 2006, the Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts (Scotlandl Regulations 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities SORP 'Accounling and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" Oblectlvgs and acllvltles The charitable company is established to bring the Gospel of the Lord Jesus Christ lo the men of the United Kingdom. Public benefit The Iruslees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the charity should undertake. CVM exists to proclaim the Christian gospel by working ¥Mlh churches lo introduce men in the UK lo Jesus Christ and operates across the nation wherever churches seek lo develop their outreach ID Jesus Christ, their communities and beyond. CVM believes that the Christian faith is a benefit lo tietY and individuals through transforming men's lives and the Impact on themselves. their families and society as a whole. CVM works with ehurches and partner organisalions 1¢ tackle many social issues that are primarily a problem with I for men. Violence against women (Resloredl., Working lo asSISt men addicted lo pornography (Naked Truth and Covenant Eyes),. sponsorship of children across the world Icompassionl., encouraging men lo volunteer for short term Mission trips abroad (Tear Fund and Mission Directi. This list indicates that CVM works out ils Public Benefit in a number of ways and seeks lo demonstrate this benefit through ils acliviliès in the UK as detailed throughout thè Trustees rèport. Achlgvgmgnls and performancfj Significanl activities an6 achievem&nls ag8iiisI objectives A full review of our activities during the year can be found in the trustees annual report, published and available from the Charities Commission. Flnanclal revlew The accounts show 8 decrease in income of £22,257, £556,104 compared lo £578,361 in 2024. The level of donations is slowly diminishing over lime, a trend identified by the trustees which is more reflective of the current climate for charitable giving rather than a specific issue with the Charity. The Iruslees have however, with the support of senior management been able lo reduce operating expenditure by £67,471, £528.006 compared lo £595,477 in 2024. A significant element of this has been achieved by bringing the Charity's finance functions in house. The end result for the year is a surplus of £28,098, which has relumed the Charity lo positive reserves. 'The Gathering, event made a small deficit, however, the event is edging closer lo a positive result year by year and the Iruslees remain confident the Charity will continue lo host the event. Costs are carefully controlled in order lo miligale as much risk as possible. Further infomiation can be found in the Annual Report. ReseThes poIY The trustees policy is lo aim lo relain sufficient cash and liquid assets lo meet commitments in case the charitsble company ceases lo operate. Vvherever possible we would consider this to be 2 months salaries and overheads.
CHRISTIAN VISION FOR MEN TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Structure, governance and management The charitable company is governed by ils Memorandum and Articles ofAssocialion issued 28 August 1998. The Iruslees, who are also the directors for the purpose of company law, and who seNed during the year and up lo the dale of signature of the financial slalements were.. MrEAKDring AAr B T Priestley Mr D C Thorpe Recwrfmenl and appointment of Imstees Power lo appoint Iruslees rests wlh the board of Iruslees, by reference to a process defined in the Articles. Ooanisational structure The running of the charitable company is overseen by a board of trustee$ whose member3 are dire¢lgrs within the meaning ol the Companies Act 2006.The trustees meet two lo three times each year lo oversee the ministry and staff. In between truslees'meelings, the Chief Executive Officer meets regularly with the Chairman of Trustees. CVM aims lo have about five trustees who together bring lo the board a selection of competencies such as evangelism, accountancy, human resources and management. The chairman is elected every year al the AGM, and Iruslees serve for a Ihree-year term, when they may be re•elecled by other Iruslees. Audltor In accordance ¥Mlh the company's articles, a resolution proposing that Slopfords Imansfièldl Limited be rèappc)inled as auditor of the company will be pul al a General Meeting. Dlsclosure of Infomiatlon lo audltor Each of the trustees has confimied that there is no information of which thèy are aware whieh is relevant lo the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo identify such relevant information and lo establish that the auditor is aware of such information. The Trustees report was approved by thè Board of Trustees. 25 09.48.5 Mr B T Priestley Trustee 2910712026 Dale..
CHRISTIAN VISION FOR MEN STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 OCTOBER 2025 The Iruslèes, who are also the diieclors of Christian Vision for Men for the purpose of company law, are responsible for preparing the Trustees Report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Praclicel. Company law requires the Iruslees lo prepare financial statements for each financial year which give a true and fair view of the stale ol affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial slalements. the Iruslees are required lo., select suitable accounting policies and then apply them consislenlly., observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent., and prepare the financial slalemenls on the going concern basis unless il is inappropriat8 lo presume that the charity wll continue in operation. The Iru81ee8 are responsible for keeping adequate accounting records that disclose with reasonable accuraey at any lime the financial position of the charity and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006, the Charities and Trustee Investment (Scollandl Act 2005 and the Charities Accounts Iscollandl Regulations 2006. They are also responsible lor safeguarding the assets of the charity and hence for taking reasonable steps lor the prevention and detection of fraud and other irregularities.
CHRISTIAN VISION FOR MEN INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CHRISTIAN VISION FOR MEN Oplnlon W8 have audited the financial stslemenls of Christian Vision for hften Ilhe 'charity'l for the year ended 31 October 2025 which comprise the statement of financial aclivilies, the balance sheet. the slalemenl of cash flows and notes lo the financial slalemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Stsndard 102 The Financial Reporting Standard applicabl8 in th8 UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial slatemenls.. give a true and fair view of the slate of the charitable company's affairs as al 31 October 2025 and of ils incoming resources and application of resources. including ils income and expenditure. for the year then ended., have been properly prepared in ardance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordanee with the requirements of the Companies Act 2006, the Charities and Trustee Investment Iscotlandl Act 2005 and regulation 8 of the Charities Accounts Iscollandl Regulations 2006. 8a¥ls for oplnlon We condueled our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responslbllilies under those standards are further described in the Audilofs SponsIbl111{&S for th8 audil ol the financi81 slatem&nls section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons relatlng to golng concorn In auditing the financial slalemenls, we have concluded that the Trustees use of the going concern basls of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going concern for a period of al least twelve months from when the financial slalemen16 are aulhorised for issue. Our re8ponsibililie8 and the re8ponslbllllie8 of the trustees wllh respect lo golng concern are deserlbed in the relevant 8eclion8 of this report. Other Informatlon The other infomiation comprises the information included in the annual report other than the financial statements and our auditor's report Ihereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly gtaled in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whether the other infomialion is materially inconsislenl with the financial slalemenls or our Knoedge obtained in the course of the audit, or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslalemenls. we are required lo determine whether this gives rise lo a material misslalemenl in the financial slalemenls themselves. If, based on the work we have performed, we conclude that there is a material misstslemenl of this other information, we are required lo report that fact. We have nothing lo report in this regard.
CHRISTIAN VISION FOR MEN INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CHRISTIAN VISION FOR MEN Oplnlons on other matters prescrlbed by the Companley Act 200 In our opinion, based on the work undertaken in the course of our audit.. the infomialion given in the Trustees report for the financial year for which the financial statements are prepared, which includes the directors. report prepared for the purposes of company law, is consistent with the financial slatemenls., and the directors, report included within the Trustees report has been prepared in aceordance wth applicable legal requirements. Matters on whlch we are requlred to report by exceptlon In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified material misslalemenls in the directors, report included within the Trustees report. We have nothing lo report in respect of the followng mallers in relation lo which the Companies Act 2006 and the Charities Accounts (Scollandl Regulations 2006 require us lo report lo you if, in our opinion.. adequate and proper accounting records have not been kept, or retums adequate for Dur audit have not been received from branches not visited by us., or the financial slalemenls are not in agreement with the accounting records and returns., or certain disclosures of trustees. remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit., or the trustees wère not ènlilled to prepare the financial slalemenls in aeeordance with the small companies regime and lake advantage of the small companies, exemptions in preparing the Trusteès report and from the requirement lo prepare a strategic report. Ro$pon$lbllltlg¥ of Iru$lo9¥ As explained more lully in the slalemenl cf Trustees responsibilities. the trustees, who are also the directors of the charity for the purpose of company law. are responsible for the preparation of the financial slalements and for being 881isfied that they give a true and fair view. and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial slalemenls that are free from material misslalemenl, whether due to fraud or error. In preparing the financial slalemenls, the Iruslees are responsible for assessing the charity's ability lo continue as a going concern, disclosing. as applicable, matter8 related lo going concern and using the going concern basis ol accounting unless the Iruslees either intend lo liquidate the charitable company or lo cease operations, or have no realistic alternative bul lo do 80. Audltorfs responslbllltles for the audlt of the flnanclal statsments We have been appointed as auditor under section 4411 Ilcl of the Charities and Trustee Investment Iscollandl Act 2005 and under the Companies Act 2006 and report in accordance with the Acts and relevant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslalemenl, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul Is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material misslatemenl when il exists. Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these finanaal slalemenls. The extent to ¥Nhich our procedures are capable of detecting irregularities, including fraud, is detailed below. A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11 www.frc.org.uklaudilorsresponsibililies. This description forms part of our auditovs report.
CHRISTIAN VISION FOR MEN INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CHRISTIAN VISION FOR MEN Use of our report This report is made solely lo the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and lo the charitable company's Iruslees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scollandl Regulations 2006. Our audit work has been undertaken so that we might stale lo the charitable company's members and Iruslees those matters we are required lo slate lo them in an auditor's report and for no other purpose, To the fullest exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charitable company, the charitable company's members as a body and the charitsble company's trustees as a body, for our audit work, for this report, or for the opinions we have formed. IUI Nickol Mr Phllllp Nlcholson Isenlor Statutory Audltorl For and on behalf of Slopford8 Imansfi'eldl Limited, Slatulory Auditor Chartered Accounlanls Synergy House 7 Acorn Business Park Commercial Gale Mansfi'eld Notlinghamshi NG18 1EX Dale. .2910.7.12026..
CHRISTIAN VISION FOR MEN STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 OCTOBER 2025 Unrestrlcted Restrlcted funds funds 2025 2025 Totsl Unrestrlcted Restrlcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities Investments 306,589 36,405 721 9,735 202,654 316,324 239,059 721 318.538 33,149 667 318.538 259,156 667 226,007 Total Incomg 343,715 212,389 556,104 352,354 226,007 578,361 Exp8ndlture on: Raising funds Charitable activities 4,992 313,765 4,992 523,014 24,063 337,848 24,063 571,414 209,249 233,566 Total oxpendlturo 318,757 209,249 528,008 361.911 233.566 595.477 Nat Incomolléxpèndlturèl 24,958 3,140 28,098 19,5571 17,5591 117,1161 Transfers be&en funds 16,5951 6,595 17,5591 7,559 Net movement In funds 18,363 9,735 28,098 117,1161 117,1161 Reconclllitlon of funds.. Fund ba18nces al 1 November 2024 130,3421 7,052 123,2901 113.2261 7,052 16.1741 Fund balanc at 31 Octobor 2026 111,9791 16,787 4,808 130,3421 7,052 123,2901 The statement of financial activities includes 011 gain$ and10$ses recognised in the year. All incorne and expenditure derive from Continuing activities.
CHRISTIAN VISION FOR MEN BALANCE SHEET ASAT31 OCTOBER 2025 2026 2024 Notes Flxed assets Intangiblè assets Tangible assets 12 13 7,052 4,802 7,052 2,104 11,854 9,156 Currènt assets Stocks Debtors Cash al bank and in hand 14 15 11,832 27,104 42,336 7.169 29,839 44,163 81,272 81,171 Credltors: gmounts falllng due wlthln one year 16 188,3181 1113,6171 Ngt current Ilabllltles 17,0461 132.4461 Total assets lèsy currènt Ilabllltlas 4,808 123,2901 The funds of the charlty Reslricled income funds Unreslricled funds 19 20 16,787 111,9791 7.052 130,3421 4,808 123.2901 The financial 8lalemenls were approved by the trustees on 2910712026 Mr B T Priestley Trustge
CHRISTIAN VISION FOR MEN STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2025 2026 2024 Notes Cash flows from operatlng actlvltles Cash generated fromllabsorbed by) operations 23 3,952 12.1521 Investlng actlvltles Purchase of tangible fixed assets Investment income received 16,5001 721 11401 667 Not cash (used Inll98n8rated from Investlng actlvltles 15,7791 527 Not ¢8sh goneratod from financlng a¢llvltlo¥ Net decrease In cash and cash equlvalents 11,8271 11.6251 Cash and cash equivalents al beginning of year 44,163 45,788 Cash and cash equlvalents at end of yoar 42,338 44,163
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 Accountlng pollcles Charty information Christian Vision for Men is a pnvale company limited by guarantee incorporated in England and Wales. The registered office Is Slaveley Melhodisl Church, Chesterfield Road, Slaveley, Chesterfield, Derbyshire, S43 3XD. 1.1 Basls of preparat5on The financial slalements have been prepared in accordance with the charity's governing document, the Companies Act 2006, the Charities and Trustee Investment (Scollandl Act 2005, the Charities Accounts (Scollandl Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" The charity is a Public Benefi't Enlily as defined by FRS 102. The financial statements are prepared in slerfing, which is the functional currency of the charity. Monetary amounts in these financial slalements are rounded to the nearest £. The financial slalemenls have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Golng concem Al the lime of approving the financial slalemenls, the Iruslees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the Iruslees continue lo adopt the going concern basis of accounting in preparing the financial stalernenls. 1.3 Ch8rltsblo funds Unrestricted funds are available for use al the discretion of thè Iruslèes in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as lo how they may be used. The purposes and usès of the reslricled funds are sel out in the notes lo the financial slalemènls. 1.4 Income Income is recognised when the charity is legally entitled lo il after any performance conditions have been mel, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognis8d on receipt. other donations are recognis8d once th8 charity has been notified of the donation, unless performance conditions require deferral ol the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covgnant is re¢ogni$ed at the lime of the donation. Legacies are recognised on reIpl or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as a conlingenl asset. 10-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Accountlng pollclos Icontlnuedl 1.6 Expendlture Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party, il is probable that a transfer of economic benefi'ts will be required in selllemenl, and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs allribulable lo a single activity are allocated directly lo that aclivily. Shared Costs which contribute to more than one activity and support costs which are not allribulable lo a single activity are appgrtioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges are allocated on the portion of the asset'$ use. 1.6 Intanglble flxed assets other than goodw511 The charitable company's interest in a Timeshare in Lanzarole has in exces8 of 50 year8 to run. The asset is recognised al cost, no amortisation is provided. 1.7 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequenuy measured at cost or valuation, nel of depreciation and any impairment losses. Depreciotion is recognised so as lo wri18 off the cost or valuation of assets less their rg$idual values ovgr their useful lives on the following ba$gs'. Fixtures and fittings Office equipment Motor vehicles 33% Straight Line 330/0 Slraighl Line 330/0 Slraighl Line The gain Dr loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the slalemenl ol financial activities. 1.8 Impalrment of flxed assets Al each reporting end dale, the charity revlews the carrying amounts of Ils tanglble and Inlanglble assets lo determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order lo determine the exlenl of the impairmenl108s lil any). 1.9 Stocks Stocks are slated al the lower of cost and eslimaled selling price less costs to complete and sell. Cost comprises direct materials and, where applicable. direct labour costs and those overheads that have been incurred in bringing the stocks lo their present location and condition. Ilems held for distribution al no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the eslimaled selling Pri less all eslimaled costs of completion and costs lo be incurred in marketing, selling and distribution. 1.10 Cash and cash equlvalents Cash and cash equivalents in¢lLJde cash in hand, deposits held at call with banks. other short-lerm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Accountlng pollclos Icontlnuedl 1.11 Flnanclal Instruments The charity has elected lo apply the provisions of Section 11 'Ba$i¢ Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the inslrumenl. Financial assets and liabilities are offset, with the nel amounts presented in the financial slalemenls, when there is a legally enforceable right to set off the recognised amounts and there is an intention lo settle on a net basis or lo realise the asset and sellle the liability simultaneously. Bas1¢ flnanclal assets Basic financial assets, include debtors and cash and bank balances are measured al transaction price including transaction costs. Bas1¢ flnanclal Ilabllltles Basic financial liabilities. including creditors and bank loans are initially recognised al transaction price unless the arrangement conslilules a fi'nancing Iran$a¢lion, Trade creditors are obligations 19 pay for gogds or service$ that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified a$ current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Derecognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's conlraclual obligations expire or are discharged or ancelled. 1.12 Employee beneflts The ¢osl of any unused holiday enlillement is recognised in the period in which the employee'5 services are received. Tgrminalion bengfils are recognised immgdiately as an expensg when the charity is demonstrably committed lo lerminale Ihg employment of an employee or lo provide lemiinalion benefits. 1.13 Retlrement beneflts Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due. Crltlcal accountlng estlmates and ludgementg In the application of the charity's accounting policies, the Iruslees are required lo make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 12-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Crltlcal accountlng estlmates and ludggment$ Icontlnuedl Crltlcal ludgemonts Depreclatlon The Iruslees review depreciation rates and useful liv&s of the tangible fixed assets on an annual basis lo ensure the effects of usage, wear and lear or technical obsolescence are reflected in the carrying value of the asset. Impalrmènt The Iruslees revlew f4xed assets for Indlcallons of impalrmenl in conjunctlon with revlew of depreclatlon above. The Charity has policies in place lo review assets on an ongoing basis. Glft ald provlslon Having taken book keeping in house (previously oulsourcedl the Charity's Gift Aid claims have been delayed, resulting in a provision for income lax recoverable being made in the accounts. This provision has been made on the basis of expected recovery being consistent with previous years as the donors and consent are also conslslenl. Incomg from donatlon¥ and logaclgs Unrestrlcted Restrlcted funds funds 2026 2026 Total Unrestrlctgd Restrlcted funds funds 2024 2024 Total 2026 2024 Donation8 and gifts 306,589 9,735 316,324 318,538 318,538 Incomè from charltablè actlvltlèg Unre$trlct•d Re$trlct•d funds funds 2026 2026 Totsl Unrèytrlcted Règtrlcted fund8 funds 2024 2024 Total 2026 2024 Group Subscrlptlons Monthly group contributions 12,826 12,828 17,281 17,281 Sales of products and publlcatlons Resource sales 8,921 8,921 10,809 10,809 other Charltable Income Other income 14,658 14,658 5,059 5,059 Events - The Gatherlng Event lickel sales 202,654 202,654 226,007 226,007 36,405 202,654 239,059 33,149 226,007 259,156 13-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Income from Investments Unrestricted Unrestricted fundy funds 2026 2024 Interest receivable 721 667 Expendlture on ralslng funds Unrestrlctèd Unrestrlctsd fund8 nds 2026 2024 Fundral$lng and publlclty Share ol office costs 4,992 24.063 14-
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CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Net movement In funds 2026 2024 The nel movement in funds is staled after chargingllcreditingl.. Fees payable for the audit of the charity's financial stslemenls Depreciation of owned tangible fixed assets 4,800 3,802 4.800 3,046 Trustees None of the Iruslees lor any persons connected wlh them) received any remuneration or benefits from the charity during the year. 10 Employèos The average rnonlhly number of gmployees during the year was., 2025 Number 2024 Number Ministry Support stsff Total Employment costs 2026 2024 Wages and salaries Social security costs Other pension costs 191,757 11,583 4,763 188,119 13,429 4.659 208,103 206,207 There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel was as follows., 2025 2024 Aggregate compensation 88,917 95,042 11 Taxatlon The charity is exempt from taxation on ils activities because all ils income is applied for charitable purposes. 16-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 12 Intanglble flxed assets Tlmeshare Cost Al 1 November 2024 and 31 October 2025 7,052 Amortlsatlon and ImpaSrment Al 1 November 2024 and 31 October 2025 Carrylng amount At 31 October 2025 7,052 At 31 October 2024 7.052 13 Tanglblg flxgd assets Flxtur•$ and Ilttlng$ ¢)ffi¢0 equlpmont Mo¢or hlclel Total Cost Al 1 November 2024 Additions 7,347 84,346 5,300 6,500 76,993 6,500 Al 31 October 2025 7,347 64,346 11,800 83,493 Dèpreclatlon and Impalrment Al 1 November 2024 Depreciation Charged in the year 7,097 250 82,492 1,385 5,300 2,167 74.889 3,802 At 31 October 2025 7,347 63,877 7,467 78,691 Carrylng amount At 31 October 2025 469 4,333 4,802 Al 31 October 2024 250 1,854 2,104 14 Stocks 2026 2024 Finished goods and goods for resale 11,832 7,169 17-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 16 DebtoryJ 2026 2024 Amounts falling due within one year.. Other debtors Prepayments and accrued income 23,212 3,892 16,311 13,528 27,104 29,839 16 CrndStor8: amounts falllng duè wlthln one year 2026 2024 Notgs Other taxation and social security Deferred income Trade creditors Other creditors Accruals 3.541 68,902 7,578 2,512 5,785 4.083 76,155 12,129 3.564 17.686 17 88,318 113,617 17 Dtfarfed Incomè 2026 2024 Other deferred income 68,902 76,155 Deferred income is included in the financial statements a6 follow6.. 202S 2024 Deferred income is included within.. Current liabilities 68,902 76.155 2026 2024 Movements in the year.. Deferred income a11 November 2024 Released from previous periods Resources deferred in the year 76.155 176,1551 68,902 81.686 181.6861 76,155 Deferred income al 31 October 2025 68,902 76,155 18-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 18 Retlrement beneflt schemes 2026 2024 Defined contribution schemes Charge lo profit or loss in respect of defined contribution schemes 4,763 4.659 The charity operates a defined contribution pension scheme for 811 qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 19 Restrlctèd funds The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as to how they may be used. At1 November 2024 Incomlng Resources resources oxpended Transfers At 31 October 2026 7,052 212,389 1209,2491 6,595 16.787 Prevlous year: At1 November 2023 Incomlng R&8ourc&8 resources expended Tran8fer8 At 31 October 2024 7,052 226,007 1233,5e81 7,559 7,052 20 UnrgStrl¢lod funds The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been sel aside out of unreslricled funds by the Iruslees for specific purposes. At1 Novomber 2024 Incomlng R&sources resources expended Transfers At 31 October 2025 General funds 130,3421 343,715 1318,7571 16,5951 111,9791 Previous year: At1 November 2023 Incoming resources Resources expended Transfers At 31 October 2024 General funds 113,2261 352,354 1381,9111 17,5591 130,3421 19-
CHRISTIAN VISION FOR MEN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 21 Analysly of net assets between funds Unrestrlcted fund$ 2025 Restrlcted funds 2025 Total 2025 At 31 October 2026.. Intangible fixed assets Tangible assets Current asselsllliabililiesl 7,052 7,052 4,802 17.0461 4,802 116,7811 9,735 111,9791 16,787 4,808 Unrestrlcted funds 2024 Restrlcted funds 2024 Total 2024 At 31 October 2024.. Intangible fixed assets Tangible assets Current asselsllllabllllie81 7,052 7,052 2,104 132.4461 2,104 132,4461 130,3421 7,052 123,2901 22 Related party transactlons Therè were no disclosable related party transactions during the year12024- none). 23 Cash gengratgd fromllabsorbed by) operatlons 2026 2024 Surpluslldeficill for the year 28,098 117,1161 Adjustments for- Investment income recognised in slalemenl of financial activities Depreciation and impairment of tangible fixed assets 17211 3,802 16671 2.233 Movements In worklng capltal: Ilncreaselldecrease in stocks Decreasellincreasel in debtors (Decreasellincrease in creditors (Decrease) in deferred income 14,6631 2,735 118,0461 17.2531 1,236 13,1881 20,881 15,5311 Cash generated frornllab50rbed by) operation5 3,952 12,1521 24 Analysis of changes in net funds The charity had no material debt during the year. 20-