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2025-09-30-accounts

Registered Charity Number 1209667

CATHOLIC CHARISMATIC RENEWAL IN ENGLAND AND WALES

KNOWN AS

CREW TRUST

TRUSTEES’ ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 30th SEPTEMBER 2025

CREW TRUST

Trustees' Annual Report and Accounts for the year ended 30th September 2025

Contents

Charity Information
Trustees’ Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts		 Page
1
2
7
8
9
10

CREW TRUST

For the year ended 30th September 2025

CHARITY INFORMATION

REGISTERED OFFICE:

CREW Trust 167-169 Great Portland Street, Fifth Floor, London, W1W 5PF

STRUCTURE AND GOVERNING INSTRUMENT:

The charity is a Charitable Incorporated Organisation (CIO) with a governing document 20th August 2024

REGISTERED CHARITY NUMBER: 1209667

TRUSTEES:

Mr. Dominic Watts (Chair) Mr. CharlesWhitehead (resigned 31st October 2024) Mrs. Maria Heath (resigned 20th October 2025) Reverend Chris Thomas Mr. Nicholas Wells Mrs. Helen Wells Mr. Ian Yardley Mr. James Harrison Mr. Frank O'Neill Mr. Abhy Thomas Miss Joan Fernandes Mr. Mark Gannon

INDEPENDENT EXAMINER:

Mr. Andrew Mitchell FCA A R Mitchell & Co Limited 16, Polkirt Heights, Mevagissey, Cornwall, PL26 6TT

PRINCIPAL BANKERS:

CAF Bank Limited 25 Kings Hill Avenue Kings Hill, West Malling Kent ME19 4JQ

Page 1

CREW TRUST

Trustees’ Annual Report for the year ended 30th September 2025

The Trustees present their report and accounts for the year to 30th September 2025. The Trustees have prepared these accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102).

Further information about these accounts, and the activities of the charity in general, can be obtained by writing to the charity at its offices.

Constitution

The charity made the decision to change its structure to that of a Charitable Incorporated Organisation (CIO) effective 1st October 2024 and was merged into the new CIO on that date. The new CIO was named the Catholic Charismatic

Renewal in England and Wales. This report and the accounts that follow are in accordance with the governing document dated 20th August 2024.

In the event of winding-up or dissolution, any remaining assets (after the settlement of debts and liabilities) would be transferred to other charities with similar objects.

Objects and Activities

The charity’s principal objects are the advancement of the Christian faith and the promotion of spiritual renewal in the Roman Catholic Church. The charity undertakes a broad range of activities to fulfil these objectives:

• Through our website (charisuk.com), we provide different ways in which individuals can strengthen their faith, including free resources and courses

• Through The Ascent, we run a three year course for young people in school years 10-13

• We arrange conferences and training courses from time to time

• We support various conferences and distribute donations received

The historic relationship between the charity and the Charis National Service of Communion (CNSC) is recognised and enshrined in the charity's governing document dated 20th August 2024. The Trustees and the CNSC work closely together to further the charity's objectives.

In setting their objectives and determining their activities, the Trustees have given careful consideration to the Charity Commission’s general guidance on public benefit. The Trustees are committed to enabling as many people as possible to access the charity’s resources and events so that they may benefit from a deeper understanding of the Christian faith and experience renewal in their spiritual lives. For example, some of the charity’s resources can be accessed, free of charge, from the charity’s website, so those on low incomes are not excluded.

Page 2

CREW TRUST

Trustees’ Annual Report (continued) for the year ended 30th September 2025

Trustees

The Trustees are responsible for the financial activities of the charity. They meet three or four times a year to monitor performance, review activities and determine the charity’s policy and strategy. Resolutions of the Trustees are passed by majority vote, with the chairman having a casting vote in the event of a tie.

The current trustees are listed on Page 1. New or replacement trustees are nominated by the serving trustees and may be appointed at any meeting of the Trustees. When seeking to appoint new trustees, attention is paid to the business, financial, legal, professional and other skills required for the good governance of the charity.

New trustees are provided with the documents relating to the constitution, objects and activities of the charity, together with current financial and other information relating to the operation of the charity. All Trustees are expected to keep up-to-date with the requirements of the Charity Commissioners.

Organisation of the Trust

During the year a decision was made to close our Catholic Evangelisation Services section in order to focus resources in other areas. This resulted in the redundancy of 2 employees.

The Moment of Opportunity and Men’s Conferences, The Ascent and Network are managed by groups set up specifically to run these events, while ad hoc committees manage other activities. All matters are subject to prayer and discernment of the Lord's direction.

Review of Activities

The charity was able to maintain many of its established range of services during the period. We continue to inspire and challenge our subscribers in online form through our websites and our activities in various social media applications.

The Catholic Charismatic Renewal website (charisuk.com), examines what it means to be a Charismatic Catholic. Providing a range of articles regarding Family, Society, Cultural and Global issues, we hope that viewers will be supported and encouraged to live a Spirit-filled life. We continued to explore ways in which our resources can be utilised throughout the Church.

The Ascent ministry continues to maintain and offer a three year discipleship course for young people in school years 10-13 that seeks to raise a generation who are passionate about prayer and influencing the church and the wider society around them. The Ascent ministry is overseen by a CREW Trust Steering Group consisting of a minimum of two Trustees and some co-opted members who are not Trustees who provide additional expertise, such as in the area of safeguarding. The Steering Group is chaired by a CREW Trustee.

Page 3

CREW TRUST

Trustees’ Annual Report (continued) for the year ended 30th September 2025

Review of Financial Performance

The overall result for the year was a decrease in reserves of £18,645(2024: decrease of £29,714).Total income for the period was £200,554 (2024: £300,271), a decrease of £99,717 whilst total expenditure amounted to £219,200 (2024: £329,985), a decrease of £110,785. It is necessary to bear in mind that these comparisons are between a 12 month and a 17 month period in 2024. The main component of income were donations of £130,931 which were lower than those received in the previous 17 month period (2024: £192,432).

Income from charitable activities of £66,948 was lower than in the previous period (2024: £103,397) . Restricted income was lower than in the previous period, at £118,705 (2024: £192,764). Restricted expenditure was £134,440 (2024: £217,173) .

In broad terms, restricted expenditure should usually be similar to restricted income, as the monies received are intended to fund specific media projects, conferences and grants to individuals and institutions. The timing of the expenditure can result in a surplus being reported in some years and a deficit in other years.

Unrestricted income for the year £81,849 was down on the previous 17 month period (2024: £107,507) Unrestricted expenditure was lower than the previous period at £84,760 (2024: 112,812)

The charity’s total reserves at the end of September 2025 were £101,002 of which the balances on unrestricted and restricted funds were £75,137 (2024: £78,048) and £25,865 (2024: £41,599), respectively.

The Trustees continually seek to further improve the viability and stability of the charity in financial terms.

The Trustees continue to seek to ensure that costs are supported by the anticipated income from charitable activities and voluntary income.

Reserves, Risks and Investment Policies

The Trustees' policy regarding reserves is to hold sufficient specific reserves to meet the obligations imposed by donors and sufficient general reserves to sustain the charity’s activities.

Annual budgets for each significant area of the charity’s activities are prepared and monitored. The Trustees have considered the risks to which the charity is exposed and have taken steps to mitigate the effects of those risks. They consider the unrestricted funds carried forward to be sufficient for the charity’s immediate needs.

Page 4

CREW TRUST

Trustees’ Annual Report (continued) for the year ended 30th September 2025

Reserves, Risks and Investment Policies continued

The Trustees may invest surplus funds at their discretion and have chosen to hold these in instant-access, interest-bearing bank deposit accounts, since variances in monthly income and expenditure, and the unexpected, may mean that the funds are required immediately.

Relationships with other Groups, Charities and Individuals

The charity works closely with the National Service Committees for Scotland and Ireland and other Catholic Church groups, under the auspices of the Roman Catholic Church, and ecumenically, to achieve its charitable objects.

Charities with similar objectives to our own that we assist include Sion Community for Evangelism and Celebrate Trust.

Nicholas Wells was a Trustee of both Crew Trust and SION Community during this period. Ian Yardley was a Trustee of both Crew Trust and Celebrate Trust during this period. The Trustees wish to take this opportunity to acknowledge the tremendous work done by the Trust’s many supporters and volunteers whose efforts, by God’s grace, have enriched the lives of so many people.

Statement of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity Law in England and Wales requires the Trustees to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the attached financial statements the Trustees are required to:

 select suitable accounting policies and then apply them consistently;

 observe the methods and principles of the Charities SORP;

 make judgements and estimates that are reasonable and prudent;

 state whether applicable accounting standards have been followed (subject to any departures that are disclosed and explained in the financial statements); and

The Trustees are also responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports)

Page 5

CREW TRUST

Trustees’ Annual Report (continued) for the year ended 30th September 2025

Statement of Trustees’ responsibilities (continued)

regulations and the provisions of the governing document. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Trustees on 8th July 2026 and signed on their behalf by:

Dominic Watts

Dominic Watts - Trustee & Chair

Page 6

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CREW TRUST

I report to the charity trustees on the accounts of the charity for the year ended 30th September 2025, which are set out on pages eight to sixteen.

Respective responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity's gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

It is my responsibility to:

Basis of Independent Examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

I confirm that no other matter has come to my attention giving me cause to believe in any material respect:

A R Mitchell

A R Mitchell, Fellow of the Institute of Chartered Accountants in England and Wales 16, Polkirt Heights, Mevagissey, Cornwall, PL26 6TT. Date: 8th July 2026

Page 7

CREW TRUST

Accounts for the period ended 30th September 2025

Statement of Financial Activities

Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Other
Total
10
Expenditure on:
Charitable Activities
Other
Total
11
Net (expenditure)/ income
1
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
8
Total funds carried forward
8
Notes		 Unrestricted
Funds
2025
£
59,266
19,908
650
2,025
81,849
77,907
6,853
84,760
(2,911)
-
(2,911)
78,048
75,137		 Restricted
Funds
2025
£
71,665
47,040
-
-
118,705
134,440
-
134,440
(15,734)
0
(15,734)
41,599
25,865		 Total
Total
Funds
Funds
2025
2024
£
£
130,931 192,432
66,948 103,397
650 1,050
2,025 3,392
200,554 300,271
212,347 320,363
6,853 9,622
219,200 329,985
(18,645)
(29,714)
- -
(18,645)
(29,714)
119,647 149,361
101,002 119,647

The notes on pages 10 to 16 form an integral part of these accounts.

Page 8

CREW TRUST

Accounts for the period ended 30th September 2025

Balance Sheet

Notes
Current assets
Debtors and prepayments
5
Cash at bank and in hand
Creditors due within one year
Creditors
6
Net current assets
Net assets
Funds:
Unrestricted funds
8
Restricted funds
8
Total funds		 £
£
£
£
10,107
6,994
100,733
135,250
110,840
142,244
9,839
22,597
9,839
22,597
101,002
119,647
101,002
119,647
75,137
78,048
25,865
41,599
101,002
119,647
2025
2024

Approved by the Trustees on 8th July 2026

Dominic Watts

Dominic Watts Trustee

James Harrison James Harrison Trustee

The notes on pages 10 to 16 form an integral part of these accounts.

Page 9

CREW TRUST

Accounts for the period ended 30th September 2025 Notes to the Accounts

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The financial statements are prepared on a going concern basis and under the historical cost convention.

The financial statements have been prepared to give a "true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective 1 April 2005 which has since been withdrawn.

The charity changed its structure to that of a Charitable Incorporated Organisation (CIO) effective 1st October 2024 and was merged into the new CIO on that date. The new CIO was named the Catholic Charismatic Renewal in England and Wales. These accounts are in accordance with the governing document dated 20th August 2024.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity becomes legally entitled to the income, the amount can be quantified with reasonable accuracy and there is reasonable certainty that the income will be received. Donations are accounted for when received by the charity and tax recoveries when receivable. Income from sales is recorded when the goods are despatched and for conferences when these are run. Magazine subscription income is spread over the period to which the income relates. Volunteers work for the trust, and some facilities and equipment are made available to the trust, without charge; no attempt is made to value these items in the accounts.

Resources Expended

Expenditure is accounted for on an accruals basis and comprises:

Costs associated with generating funds (namely voluntary income) is not considered to be significant in the context of the accounts and no expenditure has been attributed to this activity.

Certain costs are directly attributable to specific charitable activities. Those shared costs that remain are allocated among the expenditure categories of the SOFA in proportion to the use of the resource.

Stocks

Stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Media production costs are written off as incurred.

Pensions

The charity contributes to a defined contribution pension scheme for some staff members. Contributions are charged to the SOFA as incurred.

Fund accounting

The charity’s funds consist of:

Page 10

CREW TRUST

Accounts for the period ended 30th September 2025 Notes to the Accounts

1 Accounting policies continued…………

Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation and impairment. Assets are depreciated over four years ie at 25% per year. Assets costing less than £600 are not capitalised.

Taxation

As a Registered Charity, the trust is exempt from Income Tax and Capital Gains Tax. The trust is not registered for VAT.

2 Net Income/ (Expenditure)

Accountancy
External scrutiny
Independent examiner's remuneration
This is stated after charging:		 2025
£
250
250		 2024
£
375
375

3 Donated Facilities and Other Intangible Income

The work of the charity is considerably enhanced by the assistance of many volunteers who help in innumerable ways, but these gifts have not been valued in these accounts in view of the inherent difficulties.

4 Payments to Staff, Trustees and Connected Persons

The average number of employees, including part-time staff, analysed by function was:

Distribution of teaching
resources
Running of courses		 Total
FTE
1.0
0.2
6.0
1.5
7.0
1.7
2025		 Total
FTE
2024		 Total
FTE
2024
3.0
4.0		 0.6
1.2
7.0 1.8

No employee received remuneration in excess of £60,000, nor did the Trustees receive any remuneration for services they provided in connection with their roles as Trustees.

Payments to Trustees are permitted under the Amendment to the Trust Deed dated 29 January 2008 and some such payments were made during the year for services provided in connection with the day-to-day management and operation of the trust. In this regard, during the period £ 4,054 was paid to Mr. A. Thomas (2024 £nil) £nil (2024 £8,059) was paid to Dr M. Heath, £919 (2024 £1,092) was paid to Mr. F. O'Neill and £nil (2024 £1,067) was paid to Mr D.Watts.

Page 11

CREW TRUST

Accounts for the period ended 30th September 2025 Notes to the Accounts

----- Start of picture text -----
5 Debtors and prepayments 2025 2024
£ £
Gift aid tax recoverable 9,886 6,716
Prepayments and accrued income 221 278
10,107 6,994
6 Creditors: Amounts Falling Due Within One Year 2025 2024
£ £
Social security and other taxes (3,019) 608
Accruals 5,177 12,975
Deferred subscription & conference income 7,681 9,014
9,839 22,597
----- End of picture text -----

Deferred income relates to advance payments for conferences run after the balance sheet date and a deferred portion of a grant which is being released to cover one year's salary costs.

7 Large Grants and Donations

The charity received one grant of £24,454 one of £20,000, one of £8,000, one of £3,000 one of £2,500 and three of £1,000 from seven separate trust funds and one individual. In aggregate these amounted to £60,954 (2024: £52,500) . In addition, the charity benefited from grants and donations of smaller amounts from many individuals and trust funds.

8 Statement of Funds

Unrestricted Funds
Restricted Funds
Media Development
Fund
Celebrate Fund
Men's Conference Fund
NET Fund
Network Fund
Ascent Fund
Rise Theatre
Total Funds		 At 1 Oct
2024
£
78,048
7,114
213
4,522
1,531
8,805
16,847
2,567
41,599
119,647		 Income
£
81,849
-
2,054
8,285
3,329
185
98,126
6,727
118,705
200,553		 £
84,760
7,080
1,855
8,108
540
50
109,108
7,698
134,440
219,200
Expenditure		 Fund
Transfers
£
-
-
-
-
-
-
-
-
-
-		 At 30 Sep
2025
£
75,137

33

412

4,699

4,320

8,940

5,865

1,596
25,865
100,999

Page 12

Accounts for the period ended 30th September 2025 Notes to the Accounts

CREW TRUST

8 Statement of funds continued

The Media Development Fund holds donations received for the development of new resources for teaching and evangelisation.

The Men's Conference funds arises from donations and fees received at or for the conference. After deducting the costs of running this conference, the Trustees consider recommendations made by the groups responsible for running the conference and, from any surplus, make appropriate donations to individuals and groups that operate within the scope of the Trust's charitable objectives.

The NET Fund was created by a donation from the National Evangelisation Trust For Catholic Renewal (known as NET) when it was being wound up. This has been supplemented by further donations. The Fund exists to further the Christian life of individuals seeking to promote the work of the Roman Catholic Church, by making grants to individuals and institutions.

The Network funds receives regular donations and its aim is to support younger individuals and groups to further their Christian lives. The fund is overseen by the Trustees in collaboration with the Network Committee and has close links to The Ascent fund below.

The Ascent Fund is a discipleship process for young people in Years 10 to 13 which currently provides nine weekend retreats a year. The Ascent fund subsidises the process, provides bursaries, covers resource

Rise Theatre CIC is a professional Christian theatre company with a passion for delivering exciting, original and transformative theatre. The aim is to create:

9 Analysis of Charity Net Assets between Funds

Unrestricted Funds
Restricted Funds
Media Development Fund
Celebrate Fund
Men's Conference Fund
NET Fund
Network Fund
Ascent Fund
Rise Theatre
Total		 Current
Assets
75,494
33
412
6,499
4,320
8,940
13,546
1,596
35,346
110,840		 Current
Liabilities
357
-
-
1,800
0
-
7,681
-
9,481
9,839		 Total
75,137
33
412
4,699
4,320
8,940
5,865
1,596
25,864
101,002

Page 13

CREW TRUST

Accounts for the period ended 30th September 2025 Notes to the Accounts

10 Analysis of Income and Endowments

Funds
£
Donations and legacies
Donations and offerings
25,081
Large grants and donations (see note 7)
29,954
Gift aid tax recovered
4,231
59,266
Charitable Activities
Conference Income
19,908
Sales of books and DVDs
-
19,908
Other trading activities
Online advertising
650
Other
Exchange rate gain
25
Bank interest receivable
2,000
Total incoming resources
81,849
Unrestricted
Funds
£
Costs directly attributable to charitable activities:
Media production
-
Other media purchases
-
Conference expenses
28,705
Ministry and other expenses
12,188
Grants (see next page)
4,106
44,999
Unrestricted		 Funds
£
Unrestricted		 £
Restricted		 Total
Funds
2,025
£
60,091		 Total
Funds
2,024
£
173,602
25,081 35,010
29,954 31,000 60,954 -
4,231 5,655 9,886
130,931
66,948
-
66,948
650
25
2,000
200,554
Total
Funds
2025
£
7,599
-
115,929
12,188
4,496
140,213		 18,830
192,432
88,283
15,114
103,397
1,050
-
3,392
300,271
Total
Funds
2024
£
8,580
10,789
145,976
10,160
16,214
191,719
59,266 71,665
19,908 47,040
-
47,040
-
-
-
118,705
Restricted
Funds
£
7,599
-
87,224
-
390
95,213
28,705
12,188
4,106
44,999

Page 14

CREW TRUST

Accounts for the period ended 30th September 2025

Notes to the Accounts

10 Analysis of Total Expenditure continued………….

----- Start of picture text -----
Total Total
Unrestricted Restricted Funds Funds
Funds Funds 2,025 2,024
£ £ £ £
Costs indirectly attributable to charitable activities:
Staff costs - Gross salaries 14,917 38,907 53,824 106,311
- - - -
Staff costs - Employers' NI
Staff costs - Pension contributions 428 83 511 1,567
-
Redundancy 7,394 7,394 1,000
-
Telephone, stationery, office costs 2,008 2,008 4,103
Meeting and travel expenses 5,664 236 5,901 11,305
Postage 941 - 941 2,134
Storage 1,500 - 1,500 900
Other costs 57 - 57 1,325
32,908 39,226 72,134 128,644
----- End of picture text -----

----- Start of picture text -----
The costs indirectly attributable to charitable activities have been analysed over charitable activities as
follows:
-
Sales of Books and DVD 7,080 7,080 37,680
Conference income 32,908 32,145 65,053 90,964
Other income - - - -
Total 32,908 39,226 72,134 128,644
Expenditure on charitable activities 77,907 134,440 212,348 320,363
Other costs:
-
Meeting expenses 5,153 5,153 7,758
Independent examiner's fees 500 - 500 750
-
Accountancy fees 1,200 1,200 1,114
-
6,853 6,853 9,622
Total resources expended 84,760 134,440 219,201 329,985
----- End of picture text -----

Page 15

CREW TRUST

Accounts for the period ended 30th September 2025

Notes to the Accounts

11 Analysis of Total Expenditure continued………….

During the year, the charity made the following grants and donations:

For the promotion of Catholic Renewal:
Nationally (England and Wales)
Grants of less than £5,000
Internationally:
Various young people		 Individuals
1,689
-
190
1,879		 Institutions
2,617
-
-
2,617		 Total
4,306
-
190
4,496

12 Related Party Disclosures

During the year, the charity charged £nil (2024: £537) for postage to Sion Community for Evangelism ('Sion'),

Page 16