Registered Charity Number 277425 THE NATIONAL SERVICE COMMITTEE FOR CATHOLIC CHIlRISMATIC REIYEWAL SERVICES IN ENGLAND AND WALES KNOWN AS CREW TRUST TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 30th APRIL 2020
CREW TRUST Trustees, Annual Report and Accounts for the year ended 30th April 2020 ConteDts Charity Infom)ation Trustees, Rei Rndep¢nd¢nt Examin*s Rew)rt Statement of Financial Activities Balance Sheet Notes to the Accounts 10 Restrictcd Funds 18
CREW TRUST For the year ended 30th April 2020 CHARITY INFORMATIOIY OFFICE: Catholic Evangeli5ation Services PO Box 333 St Albans H¢rts AL2 1 EL REGISTERED OFFICE: CREW Trust 85 Great Portland str¢eL Fitst Fl(K)r. London, Wl W 7LT STRUCTURE AND GOVERNING INSTRUMENT: The Trust is an unin¢orw)rdt¢d body formed by a declarntion of trust on 7 February 1979 REGISTERED CHARITY NUMBER: 277425 TRUSTEES: Mr. Dominic Watts (Chair) Mr. Charles Whitehead Mrs. Maria Heath Miss Eileen O'Kane Reverend Chris Thom&s Mr. Edward Drozdziak Mr. Nicholas Wells Mrs. Helen Wells Mr. Ian Yardley Mrs. Jennifer Baker Mr. James Harrison (appointed February 2020) Mrs. Sheena Trdnter (resigned June 2019) Rev. Soji Mathew (resigned January 2020) Mr. Pierre Fernandes (resied January 2021) Mr. Pel¢r Harnilton (resigned January 2020) INDEPENDENT EXANER. Mr. Andrew Mitchell FCA A R Mitchell & Co Limit¢d 13 Verran Road. Camberley Surrey GU15 2ND PRINCIPAL BAI¥KERS: CAF Bank Limited 25 Kings Hill Avenue Kings Hill. West Malling Kent ME19 4JQ Page I
CREW TRUST Trnstees, Annual Report for the year ended 30th April 2020 The Trustees present their report and ac¢ounts for the year to 30 April 2020. Th¢ Trustees hav¢ prepared these accounts ID accordance with the Financial Reporting Stsndard applic8ble in the UK (FRS 102). Further infonnation about these accounts, and the activities of the Tnjst in general. can be obiained by writing lo the Tnist at its olrices. Con81ilution The charity was eslablishcd as a Trnst on 7 February 1979 and is governed by a declarntion of trnst of that date, as amended by Charity Commission Schemes dated 19 February 2004 and 5 June 2006, and Deeds of Amendment approvcd on 29 January 2008 and 19 January 2011. This report and the aOntS that follow are in accordan¢¢ with these governing documents. The Trust has every intention of continuing its activities for the foreseeable future. However, in the event of winding-up or dissolution, any remaining assets (after the settlement of debts and liabilities) would b¢ traDsf¢tred to other charities with similar objects. Objects and Adivities The Tntst's principal objects are the advancement of the Christian faith and the promotion of spiritual renewal in the Roman Catholic Church. The Tnt undertakes a broad rdnge ofactiviti¢s to fulfil these objectives: . Through Catholic Evangelisation Services, w¢ produce and s¢ll a rdnge of educatiot DVDS, CDS and books . Through The Ascent. w¢ run a three year course for young rthple in year5 10-13 . We aryange conferences and trainin8 courses from time to time • We support various conferenc¢s and distribut¢ donations r¢cetved The historic relationship betw¢cn thc Trust and the National SeTrice Committee for Charismatic Renewal in England and Wales (NSC) was recognised and enshrined in the charity's trust deed by the deed of amendment approved in January 2011. The Trustees and the NSC wo closely together to further the Trust's objects. In scttin8 their objcctives and determining their activities, th¢ Trustees have given careful consideration to th¢ Charity Commission's general guidance on public benefit. The Trustees are committed to ¢nabling a5 many people as po&sible to access the Trust's resourccs and cvents so that th¢y may benefit from a deeper understsnding of the Christian fatth and cxperienc¢ r¢n¢wal in their spiritual lives. For ¢xample. some of the Trnst's resources can be accessed, free of ¢hargc. from th¢ Trust's website. so those on low incomes are not excluded. Trustees The Ttijstees are responsible for the fuwicial activities of the Trust. They meet three or four times a year to monitor perforniance, review activities and det¢rn)ine the Trust's policy and strategy. Rcsolutions of th¢ Trustees are pass¢d by tnajority vot¢. with the chairnian having a casting votc in the event of a ti¢. Page 2
CREW TRUST Trustees, Annual Report {eontinwJ) for the year ellded 30th April 2020 The current tswslecs are listed on Page l. N¢w or replacement trust¢es are nominated by the serving trust¢¢s and may be appointed at any m¢eting of the Tntee$. When seeking to apwjint new tru5tccs, attention is paid to the busines& fu)ancial. legal. professional and other skills requi1 for the good governance of ihe TrusL New trust¢¢s ar¢ provided with the documents relating to the constilutioo objects and activities of the Trust, togcther with current financial and other inforniation fflating to the operdtion of the Trust. All Tru5t¢e5 are expected to keep UTrt(dat¢ with the requirements of the Chartty Commissioners. Organisation of ihe Trust Until February 2020 the day to day running of G(KMINews Magazine was managed by the Editor. Kristina Cooper, working in conjunction with the editorial board. Catholi¢ F.vangelisation S¢rvic¢s (CES) is run by its director, David Payne. and a management committee. Thc Priest's Retreat, Moment of OpportLEnity. Men's Conferences. The ASnt and Network are managed by groups sel up specifjcally lo run these events while ad hoc commitlees manage other activities. All matters arc subject to prayer and GIKI'S direction. Review of Activities Although the year to 30 April 2020 again Saw a decrease in overnll reserves. the TTU5t was abl¢ to mainlain most of its established services range of services. Iktails of the Tn]st's finances are contained in the Review of Financial Perfornian¢e S¢C¢ion of the Trust¢es' Report and in the Stat¢menl of Financial Activities. tkspite activities d¢sigTred to increase the readership of our Goodnews Magazine, as a result of increasing costs and a decreasing subscriber base it was decided to cease publi¢ation from February 2020. Consequ¢ntly. our magazine editor role was made redundant. W¢ continue to inspire and challenge our subs¢Tibers in online forni through our website (www.ccr.org.uk) and our tIvitieS in various Sla1 media applications. The Catholic Charismatic Renewal webstte (www.ccr.or&ukX aims to examine what it means to be a Charismatic Catholic. Providing a range of articles regarding Tramily, Society. Cultural and Global issues. we hope that viewers will b¢gtn io build a picture of what it means to live a Spirit-filled life. As well as various other arti¢l¢s and contributions, it includes selected articles frorn the GoodNews magazine. thus ¢nsuriTEg they are available to a wide audience. Th¢ NET Fund continues to be supFN)rted by rtgu12r colltributions. making it wTrssibl¢ for the Fund to respond more oft¢n to short-terni requests for funding. The aim of NetsTrork is to support young people in Catholic Charismatic Renewal, to facilitate fonnation opwrtunities, to equip them with skills for practical and spiritLEal leadership and to promot¢ Catholic Charismati¢ R¢Tiewal at the service of ihe Church within the context of young t*ople. They receive regular ¢ontributions to continue with their airn. The AsceDt ministy. now in its fourth year. is overseen by Network. It comprises a thre¢ year discipleship course for youn8 people in Years 1¢>13 that seeks to raise a generation who are passionate about prayer and influencing the church and the wider soci¢ty around them. Page 3
CREW TRUST Trustees, Allttual Report (continued) for the year ended 30th April 2020 CES launched the Baptism Cours¢ around the UK through emaivmail Campai]5 and at several regional events. W¢ hosted two very FK)pular Retreat Holidays to th¢ island of Patmos. A previous bible resource (Th¢ Big Pictw¢ wa5 relaunched as part of the Year of the Word national initiative. We also planned and began filming our lat¢st filmed cours¢ "Belong and Believe.. In April we laun¢h¢d our CAFE@HOME suptx)rt package in response to the Covid pandetnic. The annual Hwvesters Men's Weekend took place at High t£igh Conference Centrfy providin8 a Spirit-fill¢d time of fellowship and teaching. There were 9 Celebrdte weekend conferences that rdn in all area5 of the country. The weekends provide for the wide variety of age groups within a joy-filled, warn) atmosphere. Worship, dram& teachittg, workshop4 mass and fri¢ndships are all key elements that go to make up a Celebrnte Regional Weekend. Revlew of Financial Perforniance Th¢ overall result for the year was a deficit of £60.146 {2019.. deficit of £42262). Total income for 2020 was £357.771 (2019.. £411.676), a decrease of £53.905. whilst total expenditure amounled to £417.915 (2019: £453.936), an decrease of £36.021. Thc maiD comw>nent of income was donations of £239,955 which were lower than those r¢¢eiv¢d in the previous year (2019.. £250.082). Incom¢ from charitable activities was also lower £110,213 (2019: £155,674) with a corresponding reduction in expendithre related to charitsble activities. R¢stri¢ted income was lowcr than in th¢ previous year. at £174,463 {2019: £198.874). Restricted expenditure was £198.059 (2019: £215.647). rc5ulting in an operational restricted fund deficit of £23,596 (2019= £16,773). In broad temjs. restri¢t¢d expenditure should be similar to restricted income, as the monies received are intended to fund specific media projects, collferences and grants to individuals and instithtions. The liming of the expenditure can resuli in a surplus being reported in somc years and a deficit in other yws. Unrestricted in¢oTne for th¢ year wa5 £183.307 (2019: £212,801). with th¢ decTease being due to lower charitablc activities in¢oTne. Unr¢stricted expenditure was lower by £ 18.433 at £219,867 (2019 £238. 290) mainly due to lower ¢lthrttable activies expenditure. The year•end balances on unr¢stri¢ted and restricted funds were £46.489 (2019: £83,039) and £101.201 (2019-. £124.797), respectively. The Trustccs continually s¢ek to fiwther improve the viability and stability of the charity in financial terms. The Trust's total reserves at the end of April 2020 were £147,690. It should be notcd that £101.201 of this amount relates to restricted funds. with the balance of £46,489 being unrestricted funds. The carried fon¥ard funds for the year were budgeted to fall. The Trustecs continu¢ to seek to ensure that costs are supwrted by the antiCited income from charitable activities 2nd voluntary income. Page 4
CREW TRUST Trustees, Annual Report (eolltinued) for the yegr eDded 30th April 2020 Reserve8, Risks Investment Policies The Trustees, policy regarding res¢rves is to hold sufficient specific reserves to meet th¢ obligations impos¢d by donor5 and sufficieDt general reserves to sustain the Trust's activities. Annual bud8¢ts for each sÉgnifi¢ant area of the Trust's activittes are prepwEd and monitored. The Trust¢¢s have consider¢d the risks to which th¢ Trust is cxposed and have taken steps to Tnitigate the effects of those risks. They consider thc unrestricted funds carried forward to sufficient for the Trust's immediate needs. Th¢ Trustees may invest SUTpIu5 funds at their discretion and have chosen to hold these in instant-acces& interest-bearing bank dew>sit accounty since variances in monthly income and ¢xpenditure, and the unexpe¢tel may mean that th¢ funds are required immediately. Relationships with other Groups? Charities and IBdividu8Ls The Trust works clos¢ly with the National Service Committees for S¢otland and Ireland and other Catholic Church groups, under the auspices of the Roman Catholic ChurciL and e¢umcnically, to achieve its charitable objects. One charity with similar objectives to our own that ple assist is Sion Community for F,vangelism: Eileen O'Kane and Ni¢holas Wells are trnst¢es of IM)th clwities. The Tnjstees wish to take ihis opportuntty to acknowl¢dge the tremendous work done by the Trust""s many supporters and volunlcers whose efforts, by God's grdce. have enriched the lives of so many people. Ststement ofTrM8tees' responsibilities The Trnstees are reswnsible for preparing the Truste¢s' Report and the fU]cIal statements in a¢cordan¢¢ with applicable law and United Kingdom Accounting Standards (United Kingdom G¢n¢rally Accepted Accounting Practice). Charity Law in England and Wales requires the Trustees to prepart ftnancial statements for each financial year that give a true and fair view of the state of affairs of the Trust and of the incoming resources and application of resources of th¢ Trust for that period. In preparing the attached financial slatem¢nts the Trustecs are r4uir¢d io: sele¢t suitable accounting policies and then apply th¢m consistently- L] observe the methods and principles of th¢ Chariiics SORP; mak¢ judgements and estimates that are SOnable and pntdent" O state whether applicable accounting standards have been followed (subject to any departures that are disclosed and explained in th¢ financial 5tatem¢nts)" and Q prepare th¢ financial statem¢nls on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation. The Trustees are also reswnsiblc for keeping proper accounting rerdS that disclose with reasonable accuracy at any time th¢ financial position of the Tnt and enable them to ensure that the financial statements comply with th¢ Charities Act 2011. the Charity (Accounts and Reports) Regulations and the provisions of the Trust deed. They are also re4x)nsible for safeguarding the Page 5
CREW TRUST Trustees, Annual Rert (continued) for ihe year ended 30th April 2020 assets of the Trust and hence for taking re&sonable steps for the pr¢vention and detection of fraud atkd other irregularities. This report was approved by the Trne¢s on 26th March 2021 and signed on their behalf by: wAtts Dominic Watts- Trustee Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRuEEs OF CREW TRU J report the charity mSte¢s on the accounts of the charity for the year ended 30th April 2020. whi¢h are set out on poges eight to sev¢n*en. RespeeÉive ruponslbililiu of TrfeeS and Exuminer The charitys truste are reswnsible for the prepardtion of the accounts. They consider that an audit is not required for this year under sectton 144(2) ol the Charities Act 2011 {the Charities Act) and that an independent examination is needed. The charitys gross income exceed¢d £250:IM)O and l am qualified to undertake the examin&ion by being a qualrfied member of the Inlrte of Chartered Acwunlants in England and Wales. It is my responsibility to: a) examine the accounts und¢r section 145 of the Charities ACL b) follow the predureS laid down in the Generdl DIfflOnS given by thc Charity Commission under section 145{5Xb) of the Charities ACL and c) state whether parti¢ular matters have come to my attentio Basis of IndependentEraminer's reporf My examination was carried out in a¢¢onJance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by ihe charity and a comparison of the accounts presented with thos¢ records. It also in¢ludes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trusttts concerning any Such matters. The pro¢edur¢s undertaken do not provide all the evidence that would be required in an audit and consequently no opTrnion is given as to whether the accounts prent a 'true and fair view, and the rewrt is limited to thos¢ matt¢rs sei out in the statemeni below. Independent Exominer'5 Statement Your attention is drdwn io the fact that the charity has prepared the a¢counts in accordance with Accouniing and Rewrting by Charities preparing their accounts in accord8nce with the Financial Rew)rting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the AOUnting and Reporting by Charities: Statement of Recommended Praciice issued on l April 2(K15 which is ferred to in the extant regulations but has been withdrdwn. We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Prnctice effective for reporting peri(th beginning on or after l January 2015. I confirtn that no other matter has come to my attention giving me cause to believe in any material respect: l } accounting records were not kept in accordance wÉth section 130 of th¢ ChaTities Act. or 2} the accounts do not accord with those records; or 3) that accounts do not comply with the applicable a(Younting requirements of the Charities Ad. or 4) lo which, in my opiniorn att¢ntion should be drnwn in order to enable a PToper understanding of the a¢¢ounts to k reached. A R Mitchell, F8llow ofthe Irile ofChrferedAccoumanis in Eng1opd0 Wales 13 Verrdn Road, Catnberley, Surrey, GU15 2ND Date". atA MArcL£ozf Page 7
CREW TRUST Accounts for the year etmled 30th April 220 Statement of Financial Activities Unrutricted Rotricte41 Fullds Funds 2020 2020 Total Funds 202 Totsl FUDIIS 2019 Note5 Incotne and Endowments from: Donations and legacies Charitsble athivities Other trading activiti&8 Other 97.495 78210 7,241 362 142.4fA) 32,(K13 239.955 110.213 7.241 362 250,082 155,674 5,775 145 Total 12 18).308 174,463 357.771 411,676 Expenditure on: Charitable Activities Other 213.182 6.674 198,059 411.241 6.674 445.824 8,112 Total 219,856 198.059 417,915 453,936 Net {expendiknrey income {36.548) {23.596) (60,144) (42,262) Transfers between funds Nel movement in fuDds (36.548) (23.596) {60.144) (42.262) Recon¢ilia¢ion of funds. Total funds brought forward io 83.039 124.797 207,836 250,098 Total funds carrted forward io 46,491 101.201 147,692 207,836 Th¢ not¢s on page5 1 O to 17 forni an Int¢g part of these accounts. Page 8
CREW TRUST Accounts for the year ended 30th April 2020 Balance Sheet Nots 2020 2019 Fixed as8ets Tangible assets 145 Current a&sets Stock Debtors and prepayments Cash at bank and in hand 11.433 7.845 139.918 159.196 30,260 13,611 205,239 249,110 Creditors due witljin one year Creditors 11,504 11,504 41,419 41,419 Net curll¢ asgets 147.692 207,691 Net awets 147,692 207,836 Fullds: Unrestricted funds Restricted funds io io 46,491 101,201 83.039 124.797 Total funds 147.692 207,836 Approved by th¢ Tnlstees on ........ 26th MarGh 2( wrtts Dominic Watts Trustee E4FQsvr4 Pr 4zsKk pz Edward Drozdziak Trusfre The notes on pages 10 to 17 forni an integrdl part of these accounts. Page 9
CREW TRUST Accounts for the year ended 30th April 2020 Noles to the AccOnts l Acc•untiDg policies Basis of prepar•tioD The financial statements have been prepared in aceordanee with the Ststement of RecOnended Pracliiy.. Accounting and Reporting by CharitÈes preparing their accounts in accordane¢ with the Financial R¢porting Standard applithle in the UK and Republic of Ireland (FRS 102) i55ued on 16 July 2014 and the Ftnaneial Rewrting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accept Practice as li applies from l January 2015. The fEnancial statements are prepared on a going concfflk b&sis and under the histori1 cost conventio The financial statements have been prepared to give a "true aud fair" view and have dep2rt¢d from the Charities {Accoun15 and Reports) Regulation$ 2W8 only to the extent WUiTed to provide a tThe and fair view. This departure has involved following Accounting and RqxTrrting by Charitie5 preparing their accounts in a¢¢ordance wilh the FÈnancial RewTrrting Standard applicable in the UK and Republic of Ireland (FRS 102) issuoj on 16 July 2014 fdther than the Accounting and Reporting by ChaTati¢5: Stataent ol ReCom[nend Practiee eH¢rtive I April 2005 which h&$ since been wtihdrawn. lllcomig resollrces All incoming resources are included in th¢ slatement of financial activities when the charity becornes legally entitled to the income, the amount Can be quantified with reasonable accurw and there is rtssonable certainty that the incotne will be received. Donions are accounted for when received by the chartty and tax recoveries when ree¢ivable. Income from sales is recorded when the go15 are desp&ched and for conferen¢¢s when these are run. Magazine subscriplion income is spread ov¢r the pui(xl to whi¢h the income relates. VolunteeTS work for the trusL and some facilities and equipment aT¢ made available to the tn witFtout eharge; no attempt is made to value these items in the accounts. Resourees Eipended Exp¢TKliture is accounted for (Trn an accruals basis and comprises: a Charitsbl¢ activAiies- being those costs associated with delivering xtivities and services b Governance costs- being those cosls &%sociaied with meeting th¢ wn#ilulional statsrtory requirements of the ¢harity. and the strdtegic management of the charity Costs a&8ociated with generating fimd8 (Twn¢ly voluntary itOrne) is not considered to be $i)ifiCAnt in the context of the ac¢ounts and no expenditure has len attr]bud to this activity. Certain costs are direcuy atknl)utsble to SFttific charitable a¢tivities. Those shared costs that renmin are ail(uted among th¢ expenditure cegories of th¢ SOFA in proportion lo the LL of th¢ resource. Sto¢ks Sto¢k5 are stated at the lower of CO and llet realisable va]ue. after nthking due allowance for obsolete and slow moving items. Media productioti costs are Writt off a5 ill¢UTred. Pensions The tnjst Contributes to a defilled contribution p¢rtsion stheme for sorne staff rnemb. Contributions ar¢ Charged to the SOFA as incurred. accounting Thc charity's funds consist of.. a Unrestricted funds- which may be used at the discrdion of the Tn]stees to fijrther th¢ genera] objectives of the cliarity: and b Restricted fund5 - which tnay only be US in accordance with the spectfic imstructions given by donors or for the specific purposes slated wha) the fimds were raised by the Chtty. The aim and use of each restricted fund is set out in the notes to the accounts. Page 10
CREW TRUST Accounts for the year t]ed 30th April 2020 Notes to the Aecounts l Accounting policie5 £Ontinued............ Fixed Assets and DeprttjalTr Tangible fixed assets are stated at cost less deprl10rt and impaim)ML A&8ets are depreciated over fow years ie ai 25 /0 per year. A&8ets costing less tiw) £51M) are not witalised. T&xtio As a Registered Charity. the trust is exempt from Incom¢ Tax and Capital Gains Tax. The t1 is registered for VAT. Any irrecoverable VAT is included under the eX[ditUre heading to which it relate& 2 Net Incomel (ExpeDditsT¢) This is stated afttt charging: 2020 2019 Depreciation of owned fixed assets Lndependent examinels remuneration External scNtiny Accountancy 145 335 {51K>) 500 1,000 3 DoDted Facilities Other IntsDgible Imeotht The work of the charity is considerably enhan by the assistance of many volunteer5 who help in innumerable ways, these gifts have not been valued in these accounts in view of the inherent dI1¢ItieS. 4 PaymtDts to Staff, Tru5ttts *nd Contsetled Perso The avcrag¢ nunther of employees. including p4rt4ime stsff. • by function was: 2020 Total 2019 FrE Production and distnbution of teaching Gi)odn¢ws magaztne and related 2¢tiviti&8 No employee received remuneration in excess of £60,(KK), nor did the Trustees recelve any remuneration for services they provided in conn¢rtion with their role5 as Tnee$. Payments to Trustees are perniitted under the Ama)thnent to the Tn]st Deed dated 29 January 2008 and so]ne such paiTrents were made during the year for wvices provided in cotmection with the day-to-day management and operdtion of the trust In this r¢gariL during the yew Mr C Whitehead was paid £4.359 (2019.. £585) . £7.159 (2019: £5,233) was paid to Mr5 M Heath and £1 J74 was paid to Mr5 H¢len Wells. In addition. total travel and sundry expe1 amounting to £1201 (2019.. £1230) were reiEnburwJ io four Tn. Additionally. two s¢nior managers wtre reItntrf]rs1 a iotal of £10,035 (2019: £8,791) for travel and sundry expenses. Pagell
CREW TRUST Accounts for thc year endd 30th April 2020 Notes to the Accoumts 5 Tangible Fiied Assets Furnitllre & Equipment Cost or valuation At l May2019 Additions Transf¢r lo restricted funds At 30 April 2020 DepreciatiOD At l May 2019 31291 31,146 Charge for the year Transfer to restricted funds At 30 April 2020 145 Net book value As at 30 April 2020 As at 30 April 2019 145 All &ssets are used frIT direct charitabk purrn. The has no inalienable or historic assets. 6 Stocks 2020 2019 Bks, tsp¢s and DVDS 11.433 30,260 7 Debtors prepayments 2020 2019 Trade dthors Gift aid t&x recoverable Prepayments and ac¢nd incorne 4,074 3,182 589 2,670 10,458 8 Crediloys: AMouDts Fxlling Due Within One Ye*r 2020 2019 Trdde Creditors Social security and other taxes Accruals Deferred subscriptioT] & conference ino)me 15.621 3.887 11.315 10,596 7.560 41.419 Deferred income relat¢S lo advan¢¢ payments for conferences run afttr the balance sheet date And a deferred portion of a grnnt which is being r¢leased io cover one yearfs salary costs. Page 12
CREW TRUST Accounts for the year ended 30th April 2020 Notes to tbe AccoyDts 9 Large Grants and Dott#tions The charity re¢eiv¢d three of £10,000. one of £5,460 and four of £5,(M)O, one of £3.0(Kl, one of £2.000 And three of £1,000. In aggregate, these amounted 10 £63,460 from nine separate trnsi fijnds and four individuals {2019: £115.240 from twelve setArate tswst funds and four individuals ). In additio the charity ben¢fited from grants and donations of smaller amounts from nwiy individuals and tnjst funds. 10 StateMet of Funds Atlmay 2019 Fund Transfers At 30 Aprli 2020 Unrestricted Fund8 183.308 219856 Restricted Funds Media D¢Y¢lopment Fund Celebrate Fund Men's Conference Fund NET Fund Network Fund Ascent Fwid Rise Theatre Pippa Baker Gemma Wildsmith 64.471 34,715 2,035 7,745 4.577 5213 1286 3,132 1,625 35,079 48266 12,573 6.368 2.428 33.058 9,195 14,966 12,530 57.697 46268 12,848 11,950 622 33.704 7.862 14.578 12,530 41.853 36,713 1,759 2,162 6,383 4.566 2.619 3,520 1,625 124797 174463 198059 01 Totsl Funds 207 836 357771 417915 147 692 The Media Development Fund holds donations received for the developmeni of new ttsour¢es for teaching and evangelisation. The Celebrate and Men's Conference fiJnd% 8rÈ5e from donation5 and fees Teeeived at or for the respective ¢OnfererS. After deduding the costs of running those conferences. the Tnjslees consider re¢onunendations made by th¢ groups reswbnsible for ruEming the spective conference5 an(L from any surplu4 make appropriate donations to individuals and groups that operate within tb¢ w of the Trusvs dwttsble objectives. Page 13
CREW TRUST Accuunts for the year ended 30th April 2020 Ntstes to the A¢ts JO StstemeBt of Funds eonliDiied........... The NET Fund was crested by 4 donation ftom the National Evangel]sati( Tntst For Catholic Renewal (know as NET) when it wa5 being wound up. This been furth¢r supplemented by donations from previous supporters of that charity. The Fund exists to fiwther the Christian life of individuals seeking to prolnote the work of the Roman Catholic Church, by making grants to individua15 and institutions. DIllg the y&v the group responsible for the NET fund decided that th¢y wish¢d to make some funds available for the genea71 purptsses of the charity and transfers to that effect amounting lo £2,41(¥J were to unre5trirted funds. The Network funds rcceiv¢s regular donations and its aitn is to support younger individuals and 0upS to fiJrth¢ their Christian lives. The fund is overseen by the TteeS in collaboratÈon with the Network Comrnittee and has ¢lose links to The Ascent fund 1(Jw. The Fund is a dixipleship process for 15-21 year olds which currenily provideg six weekend retreats a year. The Ascent fund subsidises the proces& provides bursari¢s. cov5 resource expcnditure and meets travel expenses for th¢ team. Participants are asked to SI up for a 3 year COUTse. in addition to th¢ weekend retreats they hold weekly online group meetin Rise Theattt CIC is a prof¢ssional Chrlstian theatre wmpaDy Wtth a passion for d¢iivering excitin& original and transformative theatre. The aijn is to create: - faith based stories that spark th¢ imagination and speak to hearts aDd minds. - transfornLi¥e theatre that holds up a mtrror to wbo we are and who we could be. There has been a new fund set up during the y¢arto support the ministy of Gernrna Wildsmith in youth formalion 2nd discipleship. I l Analysls of Charlty N¢t Assets ltheeD Flld$ Fixed Assets Current Assets Current Liabililies Total Unreslnctrd F'unds Restricted Funds Media Development Fund Celebrate Fund Men's Conference Fund NET Fund Network Fund A%¢nt Fund Rise Theatre Pippa Baker GemTna Wildsrnith 41,853 36,713 5.499 2,162 6.383 8.586 2.619 3,520 1,625 41,853 30.713 1.759 2.162 6.383 4,566 2,619 3,520 1,625 3.740 4,020 101201 T21 159.196 11.504 147692 Page 14
CREW TRUST Accounts for the year ended 30th April 2020 Notss to the Accounts 12 AllatyS of lTreome Endowmmts Total Fui 2020 Total Fundg 2019 Unrestricted Restricted Funds Fwjds Dollatiotts •ttd leg4¢ies Donations and offering5 Large grants and don21ions (see note 9) Gift aid tax recovered 56.631 31.(KK) 9.864 94,387 32,460 15,61) 151,018 63.460 25,477 239.955 137,486 93,500 19,096 250 082 Charitable Aetiyities Sales of books and DVDS Goodnews rnalne & relatrd Parish Mission Conference Income 44.T22 22.686 44.722 22,686 72.302 25.608 10.802 32,003 42,805 57.764 78210 32,ffl3 110213 155,674 Other trndiDg 4etiVAties Magazine advertiSlDg 7241 Otber Bank interests receivabl¢ 362 362 145 Total in¢omiDg reso•ree5 183 08 357 771 411675 13 Analysis of Total Expenditwre Total Funds 2020 Total Funds 2019 Funds Costs directly attributabk to ¢harit#ble aetfvitits: Media production Other media PUTch&8es Goodnews publicalions Conference expenses Parish Mission expenses Ministry and other ext*ns¢s Grants (see nex¢ page) 29.840 29,840 29.654 19,556 81134 60,157 11.705 18,170 115,013 154 5,509 50.746 261454 29,654 19.556 8.8 73226 5.430 5.430 51.808 218422 51,808 Page 15
CREW TRUST Accounts for the year ended 30th April 2020 No¢es to the Aceounts 13 Analysis of Total Expelldit continlled............. Total Funds 2019 Unrestricted Restricted Fun(Ls 2020 Costs iDdireetty attributble to ebarilble attlviths: Staff costs Gross salaries 73,179 Staff ¢osts - Employers. Nl Staff ¢osts - Pe$ton cOnttiO1 Redundancy Contractor costs Depreciation Telephone and sLition¢ry Meelin&y and travel expenses Postage Siordge Bad debt provision Other costs 38,969 111149 120,356 10,404 8201 9,176 21.IM)O 9.176 21,(M)O 5,(M)O 145 4.544 20.635 9.066 1.165 6.000 335 3,870 24,086 10,050 336 (860} 1,594 184 371 145 16,418 4216 1.165 2.895 149.634 2,895 192819 The cosls indirecily al1r1bab1e lo Charilable aciiwiiies have ken ap1ySed0Ver chariiable aclivilies (ufollows.. Sales ofBooks andDVD Go0dpM¥spublKai Conference income Parish Mission Oiher inc0e Tolal 74.581 61.914 J3.138 38.969 113,550 61.914 J7.555 J09,634 54, 905 19. 772 4.216 149 634 43. 185 192 819 J84.371 Expenditsre tharitable rtivities 213 182 198059 411241 Other costs: Meeting expenses Independeni exaTnin¢rfs fees 7.674 (1.000) 7,674 (1.000) 6,113 2,000 Totl resources exptDded 219.856 198.059 417915 453 938 Page 16
CREW TRusr Accounts for the ye4r ended 30th April 21)20 Notes to the Acfounts 13 Analysis of To¢*1 Expe#ditur¢ eontiDiied............. Dwing the year, the tharity made followiD8 grants and donations: For ihe promotion of Catholic RcnewaR: INlividua]s Institutions Totsl Nationally Other grants of less than £5.000 Intemationally: Harveste Cafod 6.400 I,IK)O 8.000 8,000 Various young peopl¢ 36.408 40.408 36,408 51,808 11,400 14 Related Party Disclosures During the year, Ihe charity was charged £9.850 (2019.. £12,697) for aeconllntmlation and conference facilities by Sion Community for Evangelism ('Sion'). a Charity with which two of the Trustees are connected. Also, the chariiy charged Sion £396 (2019: £422) f(Y F4)stsge. At the balanc¢ sh¢¢t dat< the charity owed £nil (2019.. £3,1) to Sion. Pag¢ 17
CREW TRUST YEAR E14DED 301h Aprtl 2020 RESTRicfEO FUMOS Fun Fun Brouihtlorw•rdOIIC6119 64,470.97 34,714.% 2,034.57 7.7M.90 4.$7&79 S,212.70 1,285.62 3,131.50 1,624.75 124.798.78 Income 10,148,17 1,9n.50 44&SO 2L855.22 IOA40.30 762.50 33 098.02 32,003 39 128,846.71 1561275 174 46Z.8S oon•tl¢n$ Glft Ald TOTALINCOME 34A29,05 Z50. 41.747,97 6 5J&25 5,180. 1,948.00 480.00 7,635,39 1559.25 12,452.50 10,635.0) 35 79.05 48 266.22 12 573.17 6 367.50 14 966.25 57,69&58 45.167.81 I,(1) I2,834 250. 11.7OJ.00 621.n 3,844.49 29,859.92 7,e61.59 14.5n.fpJ IL530.LV IS5,4.tO 42,SS9.92 Grants& Glfts Depfedadon TOTALtxp 57 696.$8 46 267.92 621.78 a3 704.41 61.S9 12 S3 19$ ts8,52 Tr4n$l•i¥ tolfrom CAEWTrust i•htr•l funds Furtdtsilincej (ariied I4rd AprIl 2020 41 sJ.44 36?13.36 161.•J JB3.01 566.31 61&67 I S19.7S Cash 411,810.94 42. 35,91&12 797.24 5,491. L976. IB5.$0
Y.26 7&75 451.3l 135. 4,020.00 2,277.17 341.50 3,316.10 203.75 1,054.50 57th15 I599.10 2,361.09 7.760 CN) Oebtors-e8GIft Ald Credliols-deferied conlwen¢¢lncom¢ •swts 3,740. 759.40 $66.31 .¢7 3 519.75 614.75 101 1. Page 11