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2022-12-31-accounts

Annual Report and Financial Statements for The Crusaders’ Union

31st December 2022

Operating under the name of Urban Saints. Company number: 07771037 Charity registration: 1144923 in England and Wales, SC039313 in Scotland

Contents

Trustees’ Report ..................................................................... 4 Our Impact in 2022 ............................................................. 5 Plans and Priorities for 2023 .......................................... 9 Financial Review ................................................................. 10 Charitable Objectives and Organisation Structure .................................................................................... 12 Statement of Risks and Uncertainties .................. 15 Trustees, CEO and Advisors .......................................... 17 Statement of Trustees’ Responsibilities .............. 18 Independent Auditor’s Report .................................. 19 Statement of Financial Activities ............................ 24 Balance Sheet ....................................................................... 26 Cash�ow�Statement�........................................................�27 Principal Accounting Policies ................................... 28 Notes to Financial Statements ................................. 32

Urban Saints

Kestin House, 45 Crescent Road, Luton, Bedfordshire, LU2 0AH.

T: 01582 589850 W: www.urbansaints.org

E: email@urbansaints.org

Images copyright Urban Saints, unless otherwise stated.

Large print copy available on request.

Urban Saints is the operating name of The Crusaders’ Union, a company limited by guarantee and registered in England & Wales number 07771037, charity number 1144923 and in Scotland, charity number SC039313.

From 1906 to 2006 Urban Saints was known as Crusaders.

The words “Urban Saints” and logos are registered trademarks of The Crusaders’ Union in the UK. All rights reserved.

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The mission of Urban Saints is to make young disciples for Jesus.

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Trustees’ Report

The Trustees are pleased to present the Annual Report and Financial Statements for The Crusaders’ Union, operating as Urban Saints, for the year ended 31 December 2022.

Since 1906 The Crusaders’ Union, now operating as Urban Saints, has been reaching out to children and young people with the good news of Jesus Christ. We are passionate about working with children and young people, helping them to realise their full, God given potential, as they journey from childhood to adulthood.

Our Mission

The mission of Urban Saints is to make young disciples for Jesus. This is our core purpose and it’s why�we�exist.�Whenever�we�decide�to�do�anything,�we�will�make�sure�that�it�𿿿ts�with�this�mission.

Our Vision

Urban Saints will be an effective disciple-making movement, reaching young people in every community in the UK and Ireland.

Our Values

Within�the�organisation,�we�seek�to�live�by�and�re�ect�the�following�values:

Belonging

Serving

We are a united community We are servants of God and where everyone is welcome. each other, seeking Kingdom impact.

Faithfulness

We journey together in faith to disciple the next generation.

Grace-𿿿lled

We�are�𿿿lled�with�God’s�love,� seeking to live and lead like Jesus.

Innovative

We embrace creativity and are pioneering in our approach to reach young people.

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Our Impact in 2022

From its beginning, Urban Saints has been about accompanying young people on their faith journey with Jesus whatever their starting point. Our DNA, from the beginning, has been about local leaders connecting with local young people. We have emerged from the pandemic with a fresh hunger to see young people connected through our Groups and Camps because we know that community Is necessary for mental and spiritual health. We are committed to creating safe spaces to explore life and faith, together for the long haul. At Urban Saints we know that lifelong faith is a journey, and we are committed to young people, whatever their starting point and wherever the faith journey takes them.

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Groups

At present, we have 76 Groups of various sizes meeting across the UK, including two online. Since the pandemic we have had increasing opportunity to provide safe spaces in schools. One of these Groups started in Ripon and by the end of 2022 had over 100 young people attending on a weekly basis. To help facilitate our work in schools we have purchased a number�of�Spider�Domes.�These�large,�in�atable� gazebos are printed in colour with culturally relevant design and questions. They provide a visual sign of our presence, a sense of identity and a safe space that is distinctly different from a classroom.

We are now seeing a greater connection between Groups, with part of our focus being supporting networks of Groups to form and coordinate activities together as we move away from the pandemic. In 2022 one cluster of groups launched a monthly youth worship event where young people are empowered to take the lead, plan the evening and disciple their peers. While the adults are present for support the driving force behind the event is the young people themselves.

Youth�empowerment�has�been�a�signi𿿿cant� focus for Urban Saints in 2022. It is the process of involving children and young people in the decision making process of their local communities. This helps them understand that they are respected, that they are valuable and presents a meaningful avenue through which they can make their voices heard and recognize their power.

Energize

From creating sessions on identity and justice, to providing resources to help young people engage with major national and international stories, such as the war in Ukraine and the Queen’s death – Energize has continued to be the ‘go-to’ place for Christian youth and children’s workers.

We have continued to invest in the development of our Leaders with the creation of training resources exploring topics such as suicide prevention and addiction.

We launched two major new discipleship courses for young people. ‘The Difference’ encourages young people to put their faith into action in their local communities and beyond. ‘Take the Lead’ helps young people develop their leadership skills by exploring topics such as character, courage and competence.

We worked with key partners to increase the amount of video content on the site and our ‘Christmas Down Here’ video was well received by those looking for content for unchurched young people.

There were 1,455 organisations subscribing to Energize at the end of 2022. This is an increase of 25 on the previous year.

“Having Energize as a resource also helps to develop other leaders and give them con𿿿dence�to�lead�sessions.”

Lucy from Bedfordshire

“This year all our group moved further along their faith journey with two commitments�being�made�for�the�𿿿rst� time.”

Leader

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Camps

Our prayer at the start of the 2022 season was for all involved in Camps ministry to experience life in all its fullness (John 10:10) – young people, leaders, behind-the-scenes team and prayer/ 𿿿nancial�supporters.�We�ran�38�Camps�across� four nations, enabled by over 500 volunteers, with around 20,000 young people, children and families hearing the Gospel message.

The year started with the return of the Easter house-parties in Ireland and was followed by Whit Camp celebrating 70 years with a brilliant weekend in Herefordshire. June saw four Sprees returning after a three-year hiatus and then a full summer programme ran. It was a busy but rewarding season as we have seen hundreds of young people make a decision to follow Christ and many more deepen their faith. The summer season concluded with Nefyn celebrating 60 years of Camps over the bank holiday weekend.

The Camps Development fund and Bursary fund were heavily utilised to ensure we maximised the opportunities at all sites and enable our Camps to be as accessible as possible. We granted more than 100 bursaries (over three times the usual amount).

Westbrook Residential Centre

There were various challenges in 2022 such as unexpected repairs needed on the Westbrook site and dealing with an ever-changing environment since the pandemic but when we�pause�and�re�ect,�we�can�also�see�God’s� faithfulness in providing all that we need. We had the opportunity to open our site to many young people for them to have a chance to go away for a few days at a time and consider the big questions of life and faith. We have also been able to bring in new team members and make good use of their skills in the operation of Westbrook. On top of this, we have wonderfully been able to build stronger relationships with some local schools and local churches. One of the joys has been to see young people on site more and more, and to see them having a great time during their visits.

“Thank you so so much for giving them so many fond memories. They have both commented�how�interesting�the�Bible�is.” Parent

“Both of our children have come home with tales of adventure and new knowledge�of�Christ.”

Parent

Improvements to the 24/7 helpline we operate, to support those running Camps have worked well. We have also launched a dedicated Camps online prayer space to engage with a new generation of prayer supporters, whilst also retaining our existing (greatly valued) faithful prayer warriors.

“My daughter had a brilliant time at camp. She has come back asking to be baptised which�is�amazing.”

Parent

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Additional Needs

This year has been a busy one for the Additional Needs Ministry. Post-pandemic it has been great to be back in person for some training events. We continue to utilize our online training programme as this enables the reach to go further and enables more churches and youth groups to provide welcoming and safe spaces for children and young people with additional needs.

In 2022 we trained 2,000 leaders across 78 training and conference events.

The Additional Needs Alliance provides a social media group for children’s, youth and families workers, as well as church leaders, parents and carers, to share stories, ask questions, offer resources, and journey together to help all children and young people with additional needs to be included and belong.

In 2022 we wrote a new book ‘How to Include Autistic Children and Young People in Church’ and also turned it into a new training course. A further training course ‘Invited to Belong:2U’ which we produced in collaboration with Youthscape helps leaders break down barriers so that all children and young people can belong in groups. We are convinced that safe spaces for the most vulnerable children is something vital to our ministry.

“Thank you for another really interesting and thought-provoking session. Thanks also for the excellent resources! Fantastic training. I would wholeheartedly recommend�to�others.”

Re: ‘All Inclusive?’ – Supporting Families

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Plans and Priorities for 2023

Urban Saints is committed to equipping a movement of volunteers to disciple young people for Jesus, meeting and supporting them in their local context. As part of our thinking of what is the best way to achieve this, as well as�wanting�to�be�an�increasingly�𿿿nanciallysustainable�organisation,�we�made�the�dif𿿿cult� decision to restructure, focusing on a return to our local ministry blueprint and core mission.

At Urban Saints, we are passionate about providing safe spaces for all young people to explore life and faith. We believe that this is best done through weekly Groups that foster an environment for children and teenagers to belong,��ourish�and�encounter�Jesus�through� authentic relationships with their Leaders.

During 2022, four “core purpose” statements were agreed to help focus on our primary commitment and support the budget development and organisational restructure:

This work is now being developed further with the Re-envisioning Working Group, which is a collaborative group consisting of Board, staff and independent members. The Working Group is carrying out a detailed strategic review, listening to different voices and diverse perspectives. They will be presenting several strategic options to the Board to be costed. The aim is to begin implementing the revised strategy during the Autumn, completing the process by the end of 2023. In the meanwhile, our Groups will be the key area that we will continue to invest in. We plan to invest in our Groups by intentionally increasing our support for the volunteer leaders who run them, equipping them for the future to lead their Groups more effectively, and in a sustainable manner. Building relationships between the staff team in the different regions of the UK and the Group Leaders will also be a priority for this year.

Whilst we recognise that our online resources (Energize) are used widely by those outside of Urban Saints it is also important for us to provide quality resources that help our local weekly Groups to reach the young people in their communities including engagement through digital platforms. In its current format, we believe Energize is a comprehensive resource. Therefore, we are reducing new developments of the platform while we consider a more cohesive digital strategy that will include Energize. Energize will still, however be the ever-useful tool for our current users, as it has always been. However, a new digital stream is currently also being considered for the organisation’s future.

We will continue to encourage our Group Leaders and the Impact Team to develop and build residential experiences, equipping our volunteers at a local and regional level. However, the primary purpose of these residential experiences will be to support the year-round work of the local Groups. As such, all Camps that are on the national camps programme will sadly not run after Summer 2023. We are currently exploring with those who form part of the current national camps programme whether their ministry can continue independently or in partnership with other organisations in the future.

The Westbrook Residential Centre has encouragingly had more bookings than in previous years, and we are looking forward to welcoming a number of different guests on site. As part of the Re-envisioning Working Group, a review is presently taking place to determine how Westbrook can continue to improve the way it supports the organisation’s core purpose in the future.

Additional Needs Ministry will continue, but with a renewed focus on supporting our yearround Groups to be more accessible to those with additional needs.

As with any organisational restructure, there will be roles that will no longer form part of the future of Urban Saints which have therefore sadly become redundant. We thank these members of the team for their dedication and commitment to young people through the years and wish them the best for the future.

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Financial Review

In 2022 the Income for the year was £2,271,426 and Expenditure was £2,800,413 resulting in a de𿿿cit�for�the�year�of�£528,987�(2021�de𿿿cit�£147,063).��A�de𿿿cit�budget�had�been�agreed�by�the� Trustees�for�2022�to�intentionally�utilise�some�reserves�to�further�the�ministry�but�the�de𿿿cit� was larger than budgeted, mainly due to legacy income and donations being less than budget. Although�a�de𿿿cit�budget�has�again�been�agreed�for�2023�this�budget�carries�signi𿿿cantly�less� risk in legacy income and moves towards having a break-even budget in 2024.

INCOME 2022

EXPENDITURE 2022

In 2022 we received Donations of £783,459 (2021 £816,528), Grants of £4,199 (2021 £74,674) and Legacies of £148,574 (2021 £242,565). We are so grateful to God and our faithful donors for this income. Income from Charitable Activities was £1,324,583 (2021 £666,152). This increase was mostly due to a full year of activity within Camps and the Westbrook Residential Centre as opposed to reduced levels of activity in 2021 due to the pandemic. Interest received in the year was £10,611 (2021 £275) resulting in total income for the year of £2,271,426

Funds at 31 December 2022 totalled £3,763,950. This included a £2,143,692 Fixed Asset Fund which represents the cost of all Fixed Assets held on behalf of the Charity. £994,013 represented funds�designated�by�the�Trustees�for�speci𿿿c�purposes,�£109,091�were�restricted�funds�given�for�a� particular purpose and £517,154 were general reserves.

Our reserves policy is to maintain a level of reserves that gives adequate time to address changes that�might�be�needed�to�charitable�activities�or�staf𿿿ng�issues.�The�level�of�reserves�required�is� subject to the needs, risks, and operating environment being considered each year as part of the budget process. The Trustees have stated that the general funds should be 3 months of budgeted expenditure. The general funds at 31 December 2022 were £517,154, which is just above the policy level.

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Charitable Objectives and Organisation Structure

The mission of Urban Saints is to make young disciples for Jesus. This is our core purpose and it’s why�we�exist.�Whenever�we�decide�to�do�anything,�we�will�make�sure�that�it�𿿿ts�with�this�mission.

Public�Bene𿿿t

All activities are carefully assessed for risk and therefore, provide safe and fun environments for the development of children and young people. The social and spiritual well-being of young people is developed through The Crusaders’ Union; therefore, the Trustees consider that all of the aims and objectives�detailed�in�this�report�combine�to�bene𿿿t�the�public.

The�public�bene𿿿t�of�The�Crusaders’�Union’s�activities�is�far�reaching�into�all�areas�of�the�UK�and�a� diversity of communities. Children, young people and leaders are connecting with the organisation in a positive way; and the organisation in turn is having a huge impact on children and young people, as it has done for more than 100 years, training and equipping them for all walks of life both at home and abroad.

Accordingly, the Trustees believe that they have complied with the duty in section 4 of the Charities Act�2011�to�have�due�regard�to�the�public�bene𿿿t�guidance�published�by�the�Charity�Commission.

Governance

The Charity was formed in 1906 as an unincorporated association and incorporated as a company limited by guarantee on the 12 September 2011. As The Crusaders’ Union operates in Scotland, the charity�has�a�registration�with�the�Of𿿿ce�of�the�Scottish�Charity�Regulator�(OSCR)�as�a�Cross�Border� Charity under the registration number SCO39313. The Crusaders’ Union also operates in Northern Ireland�and�has�con𿿿rmed�interest�in�registering�with�the�Charity�regulator�there.

At 31 December 2022 there were 390 company members with voting rights consisting of Honorary Life Members, Group Leaders, Support Leaders and Trustees. Our members play a vital part in delivering�the�mission�of�Urban�Saints,�supporting�through�prayer,�time,�𿿿nancial�giving�and�being� advocates for us as we seek to lead young people to our Saviour Christ Jesus.

Trustees of the charity are directly elected by Members of The Crusaders’ Union at an Annual General Meeting (AGM) or by postal ballot. Under the Memorandum and Articles, no Trustee may serve for a consecutive total of more than 12 years before taking at least a one-year sabbatical.

Trustees are Members of The Crusaders’ Union, and can be nominated to stand for election to the Board in one of two ways:

In either case nominees go forward for election via a vote at an Annual General Meeting or through a�postal/electronic�ballot.��If�a�nominated�Member�receives�suf𿿿cient�votes�(over�50%�of�the�votes� cast) they are elected as a Trustee usually for a period of three years.

The Board may also co-opt up to 4 people as Trustees in order to ensure the Board has the requisite skills�and/or�𿿿ll�a�casual�vacancy�and/or�ensure�that�the�majority�of�Trustees�are�actively�involved�in� voluntary relational children’s or youth work.

Prospective Trustees receive an information pack that lets them know what the duties and responsibilities are that they will be accountable for. Elected Trustees go through an induction

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training process so that they can quickly become familiar with the operating practices of the Board of Trustees.

On 15 October 2022 we gathered together online for the last hour of a 24/2 prayer event and following this an Annual General Meeting was held where 85 members voted (including proxy votes). Four serving Trustees, Jonathan Storkey, Anthony Obayori, David Fowler and Sharon Prior were elected.

On March 10th 2023 Sharon Prior stepped down as Chair and Matthew Judson, Vice Chair, became interim Chair.

Management Team

The National Leadership Team has been through a time of transition and at the time of signing the accounts comprises an Interim CEO/Transition Director, Missions Lead and Enabling Lead.

Pay Policy for Key Management

Salaries for all paid Team members, including key management personnel are reviewed and any increases agreed as part of the annual budget process. In addition to the Trustees, key management personnel are the National Leadership Team comprising of the CMO and Directors.

Fundraising Statement

1. Approach

Our fundraising team work hard to provide the income to resource all Urban Saints’ activities for young people and children - our weekly Groups, volunteer and team training, Camps, Resources, and our Westbrook Residential Centre. These funds come from grants from Trusts and Foundations, regular giving by supporters, responses to appeals, local events and gifts bequeathed in wills.

Giving can be designated for Groups, regions, or activities. For example, our local Impact Team Leaders raise funds for regions or nations, groups will raise funds for group activities and other Team members will raise funds from donors who are particularly interested in those activities, such as Additional Needs training or the Friends of Westbrook.

We did not use external professional fundraisers or commercial participators but employed 1.7 FTE who focus solely on fundraising and supporter relations. In October 2022 we started to work with a Fundraising Consultant (0.2 FTE) who has worked on some grant applications, and added capacity to the Fundraising Team. Fundraising staff were supported by 2 FTE in Marketing and Communications whose brief includes social media advertising and digital communications. We do engage professional third parties to produce and distribute direct mailings.

Our fundraising practises are all GDPR approved, and we do not sell on any data. Our ‘external data processor’ agreements set out clear guidelines to ensure compliance with all legislation, regulation, and our internal standards. All communications are approved by Urban Saints prior to distribution.

We are conscious of minimising the costs of fundraising. We continue to deliver value for money in all our charitable activities. Fundraising is carried out centrally and controlled centrally and we are Cross Border, and the E&W Fundraising Regulator would be the place to approach if there is any concern about fundraising in Scotland.

2. Regulatory Standards

The charity is a member of the Institute of Fundraising and registered with the Fundraising Regulator. Everything possible is done to meet the needs of current and potential supporters, including protecting all vulnerable people, following the Code of Fundraising Practice and all Data

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Protection legislation.

3. Compliance

Due to the nature of requesting and receiving donations across the UK, we are aware of the potential for fundraising regulatory breaches. We seek to minimise these risks through clear role descriptions, team induction and training, centralised awareness and reporting of all fundraising activity, the agreed involvement of Fundraising and Finance team from the Support Centre for types of fundraising, and monthly reviews of fundraising reports to ensure all income is designated corrected and is posted to the correct Reserve/Fund. Urban Saints has a Whistleblowing policy, which as with all policies, is included in our training system to ensure that all team members read, understand, and agree to comply with each Urban Saints’ policy.

4. Monitoring Fundraising Activities Carried Out on our Behalf

We did not use external professional fundraisers or commercial participators.

5. Complaints

We received one fundraising complaint in 2022 (2021: one). This complaint was resolved by our team in line with our complaints policy. This policy, updated in January 2020, requires that we provide a response to individuals in a timely manner. This complaint was resolved amicably. Any expressions of dissatisfaction are used to improve our fundraising approaches and procedures. The policy also details when serious complaints are escalated to the National Leadership Team or Trustees. The complaints policy is included in our training system that ensures that all team members read, understand, and agree to comply with each Urban Saints’ policy. The policy is published on our website.

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Statement of Risks and Uncertainties

The Trustees are ultimately responsible for risk management and the effectiveness of Urban Saints’ internal�control�processes.�The�major�risks�to�which�Urban�Saints�are�exposed,�as�identi𿿿ed�by�the� Trustees, are reviewed regularly, and we are continuously improving our systems and procedures to manage them.

The Board of Trustees has considered and approved the risk appetite and risk management policy of Urban Saints. It has delegated the regular scrutiny to the Enabling Sub Committee which is made up of the Chair of the Committee and other Trustees as well as independent Committee members that are experienced in particular aspects of Finance and Compliance.

Since re-opening up the organisation and engaging in more activities after Covid-19, there have been a number of opportunities which Urban Saints have taken full advantage of. However, there have also been a number of new risks that have emerged in our ever-changing world, and so there are now new plans to ensure the health of the organisation through the mitigation of these risks.

The�top�𿿿ve�risks�(in�no�particular�order)�are:

Urban Saints is committed to safeguarding the children and young people under our care, we do this through our Safeguarding policy, good practice guidelines and regular safeguarding training for all team members.

Urban Saints’ systems and procedures are designed to inform and manage risk and to provide reasonable assurance against material misstatement or loss. Senior management ensure that the culture and process of risk management are embedded across the organisation through the effective implementation of policies and processes. Risk registers have been developed at corporate, department and major project levels. Risks are assessed and rated on their likelihood and potential impact along with the mitigation strategies in place to manage them in line with the Board’s risk appetite.

Operational Management review and update the corporate risk register on a monthly basis and it is shared with the Enabling Sub Committee when they meet. The Board formally reviews it when they meet regularly. There are a number of working groups that manage risks in high-risk areas and risk events are logged and tracked to inform the ongoing development of risk management strategies and lessons learnt. Serious incidents and compliance across the organisation are assessed

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internally by all departments through a monthly process, which is reported on and reviewed by the leadership team and the Enabling Sub-Committee.

We work with the support of our partners and volunteers, taking on board their advice to implement mitigation�actions�for�our�strategic,�operational,�𿿿nancial,�and�compliance�risks.

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Trustees, CEO and Advisors

Trustees

The following served during 2022 and were in post at the time of this report:

Janet Dawson Stephen Dengate (resigned 31 December 2022) David Fowler Miriam Hanley (resigned 21 June 2023) Mark Instone William James Matthew Judson (Vice Chair until 10th March and then Interim Chair from 11th March 2023) Paul Marchant Anthony Obayori Sharon Prior (Chair) (resigned 10th March 2023) Rachel Retallick Cheel Jonathan Storkey

CEO

CEO - Ant Horton (until 8th June 2023) Interim CEO / Transition Director - Richard Giles (from 17th April 2023)

Bankers

Lloyds Bank, 36 Chequer Street, St Albans, Hertfordshire, AL1 3YQ

Auditors

Buzzacott LLP, 130 Wood Street, London, EC2V 6DL

Legal Advisors

Anthony Collins Solicitors LLP, 134 Edmund Street Birmingham B3 2ES Keelys�LLP,�28�Dam�St,�Lich𿿿eld,�Staffordshire,�WS13�6AA

Registered�and�Principal�Of𿿿ces

Kestin House, 45 Crescent Road, Luton, LU2 0AH Telephone: 01582 589850 E-mail: email@urbansaints.org Web: www.urbansaints.org

Company Number

07771037 in England and Wales

Charity Registration Numbers

1144923 in England and Wales SC039313 in Scotland

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Statement of Trustees’ Responsibilities

The Trustees (who are also Directors of The Crusaders’ Union for the purposes of company law) are�responsible�for�preparing�the�Trustees’�Report�and�the�𿿿nancial�statements�in�accordance� with applicable law and United Kingdom accounting standards (United Kingdom Generally Accepted Accounting Practice).

Company�law�requires�the�Trustees�to�prepare�𿿿nancial�statements�for�each�𿿿nancial�year�that� give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

In�preparing�these�𿿿nancial�statements,�the�Trustees�are�required�to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy�at�any�time�the�𿿿nancial�position�of�the�charitable�company�and�enable�them�to�ensure� that�the�𿿿nancial�statements�comply�with�the�Companies�Act�2006,�the�Charities�and�Trustee� Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Each�of�the�Trustees�con𿿿rms�that:

This�con𿿿rmation�is�given�and�should�be�interpreted�in�accordance�with�the�provisions�of�s418�of� the Companies Act 2006.

The�Trustees�are�responsible�for�the�maintenance�and�integrity�of�𿿿nancial�information� included on the charitable company’s website. Legislation in the United Kingdom governing the�preparation�and�dissemination�of�𿿿nancial�statements�may�differ�from�legislation�in�other� jurisdictions.

Approved by the Trustees on 14th July 2023 and signed on their behalf by Matthew Judson

Signed:

Date: 14th July 2023

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Independent Auditor’s Report

to the Trustees and Members of The Crusaders’ Union

Opinion

We�have�audited�the�𿿿nancial�statements�of�The�Crusaders’�Union�(the�‘charitable�company’)� for�the�year�ended�31�December�2022�which�comprise�the�statement�of�𿿿nancial�activities,�the� balance�sheet,�the�statement�of�cash��ows,�the�principal�accounting�policies�and�the�notes�to�the� 𿿿nancial�statements.�The�𿿿nancial�reporting�framework�that�has�been�applied�in�their�preparation� is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In�our�opinion,�the�𿿿nancial�statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s�responsibilities�for�the�audit�of�the�𿿿nancial�statements�section�of�our�report.�We�are� independent of the charitable company in accordance with the ethical requirements that are relevant�to�our�audit�of�the�𿿿nancial�statements�in�the�UK,�including�the�FRC’s�Ethical�Standard,� and�we�have�ful𿿿lled�our�other�ethical�responsibilities�in�accordance�with�these�requirements.�We� believe�that�the�audit�evidence�we�have�obtained�is�suf𿿿cient�and�appropriate�to�provide�a�basis� for our opinion.

Conclusions relating to going concern

In�auditing�the�𿿿nancial�statements,�we�have�concluded�that�the�trustees’�use�of�the�going� concern�basis�of�accounting�in�the�preparation�of�the�𿿿nancial�statements�is�appropriate.

Based�on�the�work�we�have�performed,�we�have�not�identi𿿿ed�any�material�uncertainties� relating�to�events�or�conditions�that,�individually�or�collectively,�may�cast�signi𿿿cant�doubt�on�the� charitable company’s ability to continue as a going concern for a period of at least twelve months from�when�the�𿿿nancial�statements�are�authorised�for�issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information�included�in�the�annual�report�and�𿿿nancial�statements,�other�than�the�𿿿nancial� statements�and�our�auditor’s�report�thereon.�Our�opinion�on�the�𿿿nancial�statements�does�not� cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In�connection�with�our�audit�of�the�𿿿nancial�statements,�our�responsibility�is�to�read�the�other�

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 19

information and, in doing so, consider whether the other information is materially inconsistent with�the�𿿿nancial�statements�or�our�knowledge�obtained�in�the�audit�or�otherwise�appears� to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the 𿿿nancial�statements�or�a�material�misstatement�of�the�other�information.�If,�based�on�the�work� we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained�in�the�course�of�the�audit,�we�have�not�identi𿿿ed�material�misstatements�in�the�trustees’� report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation�of�the�𿿿nancial�statements�and�for�being�satis𿿿ed�that�they�give�a�true�and�fair�view,� and for such internal control as the trustees determine is necessary to enable the preparation of 𿿿nancial�statements�that�are�free�from�material�misstatement,�whether�due�to�fraud�or�error.

In�preparing�the�𿿿nancial�statements,�the�trustees�are�responsible�for�assessing�the�charitable� company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s�responsibilities�for�the�audit�of�the�𿿿nancial�statements

Our�objectives�are�to�obtain�reasonable�assurance�about�whether�the�𿿿nancial�statements�as�a� whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 20

report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material�if,�individually�or�in�the�aggregate,�they�could�reasonably�be�expected�to�in�uence�the� economic�decisions�of�users�taken�on�the�basis�of�these�𿿿nancial�statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We�assessed�the�susceptibility�of�the�charity’s�𿿿nancial�statements�to�material�misstatement,� including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws�and�regulations�are�from�𿿿nancial�transactions,�the�less�likely�it�is�that�we�would�become� aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A�further�description�of�our�responsibilities�for�the�audit�of�the�𿿿nancial�statements�is�located�on�the� Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 21

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and to the charity’s trustees as a body, in accordance with Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Signed:

Date: 24 July 2023

Edward Finch (Senior Statutory Auditor) For and on behalf of Buzzacott LLP, Statutory Auditor 130 Wood Street London EC2V 6DL

Buzzacott LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 22

43. Pè9e 23 Annu inancial Siafftientsfor The CrU￿ders. union 2022

Statement of Financial Activities

Year ended 31 December 2022 Notes Unrestricted
Funds 2022
Restricted
Funds 2022
Total Funds
2022
Total Funds
2021
£ £ £ £
INCOME
Donations Grants and Legacies
Income Earned from Charitable
Activities
Groups
Energize
Camps
Westbrook Residential Centre
Additional Needs training
Other
Other Income
Interest receivable
Pro𿿿tonsaleofassets
1
2
720,080
89,410
336,717
407,539
426,648
11,684
52,585
10,611
-
216,152
-
-
-
-
-
-
-
-
936,232
89,410
336,717
407,539
426,648
11,684
52,585
10,611
-
1,133,767
49,901
329,046
124,545
120,462
6,655
35,543
275
15,000
Total Income 2,055,274 216,152 2,271,426 1,815,194
EXPENDITURE
Cost of raising funds
Cost of Charitable Activities
Groups
Energize
Camps
Westbrook Residential Centre
Additional Needs training
Other
Other Expenditure
3
4
242,237
454,866
294,034
714,080
718,965
72,184
75,367
-
-
83,824
30,749
38,202
6,476
29,028
40,401
-
242,237
538,690
324,783
752,282
725,441
101,212
115,768
-
201,878
441,859
246,324
384,481
467,493
88,264
131,958
-
Total Expenditure 2,571,733 228,680 2,800,413 1,962,257
Net expenditure for the year
Transfer between Funds
(516,459)
16,757
(12,528)
(16,757)
(528,987)
-
(147,063)
-
Net movement in Funds (499,702) (29,285) (528,987) (147,063)
Reconciliation of Funds
Total funds brought forward
1 January
Balance carried forward
31 December
4,154,561
3,654,859
138,376
109,091
4,292,937
3,763,950
4,440,000
4,292,937

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 24

Year ended 31 December 2021 Notes Unrestricted
Funds 2021
Restricted
Funds 2021
Total Funds
2021
£ £ £
INCOME
Donations and Legacies
Income Earned from Charitable Activities
Groups
Energize
Camps
Westbrook Residential Centre
Additional Needs training
Other
Other Income
Interest receivable
Pro𿿿tonsaleofassets
1
2
856,430
49,901
329,046
124,545
120,462
6,655
35,543
275
15,000
277,337
-
-
-
-
-
-
-
-
1,133,767
49,901
329,046
124,545
120,462
6,655
35,543
275
15,000
Total Income 1,537,857 277,337 1,815,194
EXPENDITURE
Cost of raising funds
Cost of Charitable Activities
Groups
Energize
Camps and Overseas Adventures
Westbrook Residential Centre
Additional Needs training
Other
Other Expenditure
3
4
201,878
383,255
245,824
353,013
432,466
47,805
103,286
-
-
58,604
500
31,468
35,027
40,459
28,672
-
201,878
441,859
246,324
384,481
467,493
88,264
131,958
-
Total Expenditure 1,767,527 194,730 1,962,257
Net (expenditure) / income for the year
Transfer between funds
(229,670)
-
82,607
-
(147,063)
-
Net movement in Funds (229,670) 82,607 (147,063)
Reconciliation of funds
Total funds brought forward
1 January
Balance carried forward
31 December
4,384,231
4,154,561
55,769
138,376
4,440,000
4,292,937

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 25

Balance Sheet

Balance Sheet
As at 31 December Notes 2022 2022 2021 2021
FIXED ASSETS
Tangible𿿿xedassets
7 £
2,143,692
£ £
2,156,804
£
CURRENT ASSETS
Stocks
Debtors
Cash at Banks and in Hand
8
9
10
1,883
170,086
1,663,089
2,143,692 441
141,040
2,263,592
2,156,804
1,835,058 2,405,073
LIABILITIES
Creditors amounts falling due within
oneyear
11 (214,800) (268,940)
Net current assets 1,620,258 2,136,133
Total assets less current liabilities 3,763,950 4,292,937
Creditor amounts falling due after one
year
- -
Total net assets 3,763,950 4,292,937
FUNDS
Unrestricted funds
General funds
Designated funds
Propertyand𿿿xedassetsfund
Restricted funds
12
12
12
13
517,154
994,013
2,143,692
109,091
498,645
1,499,112
2,156,804
138,376
Total CharityFunds 3,763,950 4,292,937

Approved by the Trustees on 14th July 2023 and signed on their behalf by Matthew Judson

Signed:

Date: 14th July 2023

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 26

Cash�ow�Statement

Cash�ow�Statement
2022 2021
Cash�owsfromoperatingactivities £ £
Net cash(used in)/provided byoperatingactivities (583,639) 45,746
Cash�owsfrominvestingactivities
Dividends, interest and rent from investments
Proceeds from the sale of property, plant and equipment
Purchase of property, plant and equipment
Write down of property, plant and equipment
10,611
-
(27,618)
-
275
35,000
(11,206)
4,072
Net cash(used in)/provided byinvestingactivities (17,007) 28,141
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Change in cash and cash equivalents due to exchange rate movements
(600,646)
2,263,592
143
73,887
2,189,745
(40)
Cash and cash equivalents at the end of the reporting period 1,663,089 2,263,592
2022 2021
Net movement in funds for the reporting period
Adjustments for:
Depreciation charges
Dividends, interest and rents from investments
Exchange rate movement
Loss/(Gain)onsaleof𿿿xedassets
(Increase)/Decrease in stocks
(Increase)/Decrease in debtors
Increase/(Decrease)in creditors
£
(528,987)
40,730
(10,611)
(143)
-
(1,442)
(29,046)
(54,140)
£
(147,063)
44,012
(275)
40
(15,000)
(441)
167,206
(2,733)
Net cash(used in)/provided byoperatingactivities (583,639) 45,746

Analysis Of Change In Net Debt

Analysis Of Change In Net Debt
As at
1 Jan 2022
Movement in
Year
As at
31 Dec 2022
Cash at banks and in hand £
2,263,592
£
(600,503)
£
1,663,089
Total cash and cash equivalents 2,263,592 (600,503) 1,663,089

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 27

Principal Accounting Policies

Basis of Accounting

The�𿿿nancial�statements�have�been�prepared�under�the�historical�cost�convention�and�in�accordance� with the requirements of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 2006. Applicable United Kingdom accounting standards (United Kingdom Generally Accepted Accounting Practice) and the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP 2015)�have�been�followed�in�the�preparation�of�these�𿿿nancial�statements.�

Going Concern

The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing�these�𿿿nancial�statements.�The�Trustees�have�made�this�assessment�in�respect�to�a� period�of�one�year�from�the�date�of�approval�of�these�𿿿nancial�statements.

The Trustees of the charity have concluded that there are no material uncertainties related to events or�conditions�that�may�cast�signi𿿿cant�doubt�on�the�ability�of�the�charity�to�continue�as�a�going� concern.�The�Trustees�are�of�the�opinion�that�the�charity�will�have�suf𿿿cient�resources�to�meet�its� liabilities as they fall due.

Income

Income is recognised in the period in which the Charity is entitled to receipt if it is probable that the income will be received, and the amount can be measured with reasonable certainty. Income is�deferred�only�when�the�Charity�has�to�ful𿿿l�conditions�before�becoming�entitled�to�it�or�where� the�donor�or�funder�has�speci𿿿ed�that�the�income�is�to�be�expended�in�a�future�accounting�period.

Expenditure and the Basis of Apportioning Costs

Expenditure�is�included�in�the�statement�of�𿿿nancial�activities�when�incurred�and�includes� attributable VAT that cannot be recovered. Expenditure comprises the following:

Many�costs�are�directly�attributable�to�speci𿿿c�activities.�Certain�shared�costs�are�apportioned�over� the charitable activities. In order to carry out the primary purposes of the Charity it is necessary to�provide�support�to�the�activities�in�the�form�of�personnel�development,�𿿿nancial�procedures,� provision�of�of𿿿ce�services�and�equipment,�a�suitable�working�environment�as�well�as�marketing,� communcations and governance costs. These costs are allocated on the basis of time, number of paid Team members or actual use.

Amounts relating to Groups are incorporated based on the year end of the Group.

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Page 28

Debtors

Debtors are recognised at their settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount prepaid.

Cash at Banks and in Hand

Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition.

Creditors and Provisions

Creditors and provisions are recognised when there is an obligation at the balance sheet date as�a�result�of�a�past�event,�it�is�probable�that�a�transfer�of�economic�bene𿿿t�will�be�required�in� settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the Charity anticipates it will pay to settle the debt.

Fund Accounting

Restricted�funds�comprise�monies�raised�for,�or�their�use�restricted�to,�a�speci𿿿c�purpose,�or� contributions subject to donor-imposed conditions.

Designated�funds�comprise�monies�set�aside�out�of�unrestricted�general�funds�for�speci𿿿c�future� purposes�or�projects.��They�include�funds�representing�property�and�other�tangible�𿿿xed�assets� that could not be realised without curtailing the activities of the Charity.

General funds represent those monies that are freely available for application towards achieving any charitable purpose that falls within the Charity’s charitable objects.

Pension Costs

Contributions in respect of the group personal money purchase pension scheme are charged to the�statement�of�𿿿nancial�activities�in�the�year�in�which�they�are�due,�representing�the�full�value�of� the Charity’s liability.

Tangible Fixed Assets

All assets costing more than £1,000 and with an expected useful life exceeding one year are capitalised.

Functional freehold property

The Charity’s policy is to provide depreciation against the cost of freehold buildings to the extent that it is envisaged that their realisable value at the end of their useful life will be lower than the original cost. For the majority of the Charity’s freehold property the Trustees do not believe that it is appropriate to provide depreciation due to the very long anticipated lives of the buildings, and the�realisable�value�is�in�excess�of�the�value�in�the�𿿿nancial�statements.��It�is�also�likely�that�any�such� charge would be regarded as immaterial.

Where it is determined that it is appropriate to make a provision for depreciation, this is provided in equal instalments over the property’s anticipated useful life, which is between 25 and 50 years.

Impairment reviews are conducted on an annual basis. If any asset is found to have a carrying value materially higher than the building’s recoverable amount it is written down accordingly. Freehold land is not depreciated.

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 29

Some properties are carried at valuations from the time when FRS15 “Tangible Fixed Assets” was implemented, and those have been retained by the Charity and treated as deemed cost under section 35 of FRS 102.

Other�tangible�𿿿xed�assets

These are capitalised and depreciated at the following annual rates based on cost in order to write them off over their estimated useful lives:

10%�to�20%�per�annum�

Groups

The Groups included in these accounts are some of our Urban Saints Groups. There are 3 categories:

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 30

Page 31 Annual Rewrt and Financial Staiements Ivr rs. 022

Notes to the Financial Statements

1. Income from Donations, Grants and Legacies

Donations and gifts
Grants received
Legacies
Unrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
Unrestricted
Funds
2021
Restricted
Funds
2021
Total
Funds
2021
£
567,307
4,199
148,574
£
216,152
-
-
£
783,459
4,199
148,574
£
551,577
74,674
230,179
£
264,951
-
12,386
£
816,528
74,674
242,565
Total 720,080 216,152 936,232 856,430 277,337 1,133,767

2. Income Earned from Charitable Activities - Other

This income is Kestin House rental income and sale of Urban Saints merchandise.

3. Cost of Raising Funds

Paid Team and Consultancy
Costs
Mailings and publications
Support costs
Unrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
Unrestricted
Funds
2021
Restricted
Funds
2021
Total
Funds
2021
£

136,560
27,293
78,384
£
-
-
-
£
136,560
27,293
78,384
£
103,987
33,194
64,697
£
-
-
-
£
103,987
33,194
64,697
Total 242,237 - 242,237 201,878 - 201,878

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 32

4. Cost of Charitable Activities

Groups
Individual Groups
Volunteer Support & Training
Support Costs
Unrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
Unrestricted
Funds
2021
Restricted
Funds
2021
Total
Funds
2021
£
97,393
176,317
181,156
£
-
83,824
-
£
97,393
260,141
181,156
£
32,810
219,879
130,566
£
-
58,604
-
£
32,810
278,483
130,566
454,866 83,824 538,690 383,255 58,604 441,859
Energize
Energize costs
Support costs
139,406
154,628
30,749
-
170,155
154,628
129,321
116,503
500
-
129,821
116,503
294,034 30,749 324,783 245,824 500 246,324
Camps
Individual Camps, &
Studland Site
Volunteer Support & Training
Support costs
386,521
151,262
176,297
-
38,202
-
386,521
189,464
176,297
116,191
128,808
108,014
-
31,468
-
116,191
160,276
108,014
714,080 38,202 752,282 353,013 31,468 384,481
Westbrook Residential Centre
Westbrook costs
Support costs
574,917
144,048
6,476
-
581,393
144,048
328,563
103,903
35,027
-
363,590
103,903
718,965 6,476 725,441 432,466 35,027 467,493
Additional Needs training
Training costs
Support costs
33,823
38,361
29,028
-
62,851
38,361
19,370
28,435
40,459
-
59,829
28,435
72,184 29,028 101,212 47,805 40,459 88,264
Other
Youth Participation
Urban Saints’ brand refresh
Volunteer support process
improvements
Other including support costs
18,978
-
-
56,389
-
-
-
40,401
18,978
-
-
96,790
-
13,320
14,053
75,913
-
1,584
-
27,088
-
14,904
14,053
103,001
75,367 40,401 115,768 103,286 28,672 131,958

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 33

5. Paid Team Costs

5. Paid Team Costs
Total Paid Team Costs 2022 2021
Wages and salaries
Social security costs
Pension costs
Other costs
£
1,164,798
105,564
62,131
123,564
£
1,012,835
86,678
57,996
54,859
Total 1,456,057 1,212,368
KeyManagement Personnel Staff Costs 2022 2021
Wages and salaries
Social security costs
Pension costs
Other costs
£
210,950
25,906
12,442
42,543
£
124,496
14,163
6,648
41,708
Total 291,841 187,015

Included within 2022 other costs is £57,256 provision for redundancy costs as a result of the restructure.

The Crusaders’ Union operates a group personal pension scheme and the charge for the year is shown above within pension costs.

One employee earned £60,000 per annum or more in 2022 (2021: none).

The average number of employees (headcount) in 2022 was 48 (2021: 42). Many of these were part time. As mentioned earlier there has been a restructure and sadly some redundancies and so headcount�in�2023�will�be�signi𿿿cantly�lower.

The number of employees (full time equivalent) at year end, analysed by function, was:

Full Time Equivalent
Raising Funds
Charitable Activities
Governance
2022
2
29
1
2021
2
31
1
Total 32 34

Four�Trustees�(2021:�𿿿ve)�received�reimbursement�of�expenses�during�the�year�whilst�acting�in�their� capacity as Trustees, totalling £1,187 (2021: £2,017).

During 2022 no Trustee received any remuneration.

6. Support Costs

Many�costs�are�directly�attributable�to�speci𿿿c�activities.�Certain�Support�costs�are�apportioned�over� the charitable activities. In order to carry out the primary purposes of the Charity it is necessary to�provide�support�to�the�activities�in�the�form�of�personnel�development,�𿿿nancial�procedures,� provision�of�of𿿿ce�services�and�equipment,�a�suitable�working�environment�as�well�as�marketing,� communications and governance costs. These costs are allocated on the basis of time, number of paid team or actual use.

The 2022 audit fee was £18,000 (2021 £16,742).

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 34

Included within support costs in 2022 is £57,256 provision for redundancy costs as a result of the restructure.

7. Tangible Fixed Assets

Freehold
land &
buildings
Fixtures &
𿿿ttings
Computer
equipment
Other Total
Cost or valuation
At 1 January 2022
Additions at cost
£
2,667,127
-
£
481,973
22,925
£
64,738
4,693
£
7,500
-
£
3,221,338
27,618
At 31 December 2022
Accumulated depreciation
At 1 January 2022
Charge for theyear
2,667,127
599,439
12,557
504,898
403,543
22,910
69,431
54,052
5,263
7,500
7,500
-
3,248,956
1,064,534
40,730
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021
611,996
2,055,131
2,067,688
426,453
78,445
78,430
59,315
10,116
10,686
7,500
-
-
1,105,264
2,143,692
2,156,804

8. Stocks

8. Stocks
2022 2021
Books £
1,883
£
441
Total 1,883 441

9. Debtors

9. Debtors
2022 2021
Tax recoverable
Other debtors
Accrued Income
Prepayments
£
10,999
5,408
118,215
35,464
£
17,220
5,555
74,915
43,350
Total 170,086 141,040

10. Cash at Banks and in Hand

This includes the Trotsworth Hall funds of £89,172.

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 35

11. Creditors: Amounts Falling Due Within One Year

2022 2021
Accruals
Deferred Income
Other creditors
£
19,910
83,702
111,188
£
26,766
96,578
145,596
Total 214,800 268,940

12. Unrestricted Funds

The unrestricted funds of the Charity include the General funds, which can be used for the general purposes of the Charity, and the Designated funds where the Board of Trustees have set aside funds�for�a�speci𿿿c�intention.��

The movement in the unrestricted funds is as follows:

01-Jan-22 Income Expenditure
and
designations
Transfers 31-Dec-221
General funds £
498,645
£
1,481,288
£
(1,445,017)
£
(17,762)
£
517,154
1 Jan 22 New
designations
Utilised Transfers 31-Dec-22
Designated funds
Impact Fund
Development funds from
property sales
Groups, Areas, Camps &
Studland site
£
1,041,854
129,018
328,240
£
-
682
573,304
£
(521,122)
(3,150)
(561,713)
£
(212,620)
212,620
6,900
£
308,112
339,170
346,731
Total 1,499,112 573,986 (1,085,985) 6,900 994,013

The movement in the unrestricted funds in the prior year was as follows:

01-Jan-21 Income Expenditure
and
designations
Transfers 31-Dec-21
General Funds £
713,113
£
1,308,349
£
(1,546,888)
£
24,071
£
498,645
01-Jan-21 New
designations
Utilised Transfers 31-Dec-21
Designated funds
Impact Fund
Development funds from
property sales
Groups, Areas and Camps and
Studland site
£
1,043,055
128,950
285,432
£
-
68
218,236
£
(1,201)
-
(175,428)
£
-
-
-
£
1,041,854
129,018
328,240
Total 1,457,437 218,304 (176,629) - 1,499,112

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 36

Impact Fund

At the start of 2018 the Trustees set up the Impact Fund designating money from the general fund and also adding to it as 2 properties were sold. Its purpose was to accelerate implementation of the new strategy and encourage growth.

Development funds from property sales

The majority of this relates to the sale of Trotsworth Hall. This money is managed on behalf of the Trustees by a group comprising former leaders of the Virginia Water Group.

Groups, Areas, Camps and Studland Site

These are the funds held by groups, areas, camps and the Studland site for use in their own locality and as such are not considered available for general use.

Property�and�𿿿xed�assets�fund

This�fund�represents�the�cost�of�all�𿿿xed�assets�held�by�The�Crusaders’�Union�including�assets�held� for sale. These funds are not available for the day to day use of the Charity.

01-Jan-22 Income Expenditure
and
designations
Transfers 31-Dec-22
Tangible𿿿xedassets,
investment properties
and programme related
investments
£
2,156,804
£
-
£
(40,730)
£
27,618
£
2,143,692

The movement in the prior year was as follows:

01-Jan-21 Income Expenditure
and
designations
Transfers 31-Dec-21
Property and Fixed asset
fund
£
2,213,681
£
11,206
£
(44,012)
£
(24,071)
£
2,156,804

13. Restricted Funds

01-Jan-22 Incoming
Resources
Expenditure
and
designations
Transfers 31-Dec-22
Restricted funds £
138,376
£
216,152
£
(228,680)
£
(16,757)
£
109,091

These include donations for Ireland, Scotland, Wales and Additional Needs Ministry as well as other speci𿿿c�donations�including�donations�to�the�Camps�Bursary�Fund�for�young�people.

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 37

The movement in the prior year was as follows:

01-Jan-21 Incoming
Resources
Expenditure
and
designations
Transfers 31-Dec-21
Restricted funds £
55,769
£
277,337
£
(194,730)
£
-
£
138,376

14. Analysis of Net Assets Between Funds

Restricted
funds
Designated
funds
General
funds
Total 2022
Fund balances at 31 December 2022 are
represented by:
Fixed assets
Net current assets
£
-
109,091
£
2,143,692
994,013
£
-
517,154
£
2,143,692
1,620,258
Total 109,091 3,137,705 517,154 3,763,950

The prior year balances were as follows:

The prior year balances were as follows:
Restricted
funds
Designated
funds
General
funds
Total 2021
Fund balances at 31 December 2021 are
represented by:
Fixed assets
Net current assets
£
-
138,376
£
2,156,804
1,499,112
£
-
498,645
£
2,156,804
2,136,133
Total 138,376 3,655,916 498,645 4,292,937

15. Taxation

The Crusaders’ Union is a registered Charity and therefore is not liable for corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

16. Related Parties

The Crusaders’ Union is the sole shareholder of Urban Saints Limited, a dormant company registration 05816338.

Annual Report and Financial Statements for The Crusaders’ Union 2022

Page 38

1 4 .Jkn

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