CANAAN TRUST

Registered charity 1105657 · accounts filings on the Charity Commission register · also known as THE ASPIRE TRUST

Provide safe, secure supported accommodation for homeless males aged 18 and over. The Trust, founded in 1995 is committed to inclusion & operates 24 hours a day, 365 days a year. The provision of accommodation is the visible tip of the comprehensive support service provided to those, regardless of gender, who are homeless, threatened with becoming homeless, or in need from across our communities.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£575k
Latest spending
£602k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves were £1,627,893, with £179,420 held as undesignated unrestricted funds. The trustees confirm this amount complies with their policy to cover three months of running costs. The charity operates a defined contribution pension scheme and has no material uncertainties regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £179k)
“The Directors have adopted a reserves policy that unrestricted funds held in the general fund should cover 3 months running costs.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee's wife employed as staff
“The wife of a Trustee now works on a part time basis for the charity. She is paid at a rate that is in line with other staff members and the appointment was approved by all trustees. There are no other related party transactions.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Canaan Trust (matched by registered charity number).

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold); recorded price paid £385k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 30/09/2025)

Total income
£575k
Total spending
£602k
Cost of raising funds
£27k
Reserves (reported)
£1.6m
Employees
20

Reported reserves equal ~32.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (56% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.7% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Derbyshire · Nottinghamshire

Income and spending

Financial year endIncomeSpending
30/09/2025£575k£602k
30/09/2024£1.4m£611k
31/03/2023£353k£342k
31/03/2022£317k£298k
31/03/2021£364k£307k

Common questions

Is CANAAN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves were £1,627,893, with £179,420 held as undesignated unrestricted funds. The trustees confirm this amount complies with their policy to cover three months of running costs. The charity operates a defined contribution pension scheme and has no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.

Who funds CANAAN TRUST?

Funders whose own accounts filings name CANAAN TRUST as a grant recipient include DERBYSHIRE COMMUNITY FOUNDATION, THE MSE CHARITY, THE BEATRICE LAING TRUST, THE GROCERS' CHARITY, THE HOBSON CHARITY LIMITED.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
DERBYSHIRE COMMUNITY FOUNDATIONFY2025£17k
DERBYSHIRE COMMUNITY FOUNDATIONFY2024£10k
THE MSE CHARITYFY2024£7kHomelessness
THE BEATRICE LAING TRUSTFY2025£5k
THE GROCERS' CHARITYFY2024£5kRelief of Poverty
THE HOBSON CHARITY LIMITEDFY2025£5kHomelessness

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund17/07/2025£20kCommunity Homelessness Prevention and Support Project
The National Lottery Community Fund19/05/2023£10kErewash Community Foodbank & Community Support Services
The National Lottery Community Fund04/06/2021£10kCanaan Trust
The National Lottery Community Fund20/10/2011£9kCanaan Trust IT & Information Support