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2020-08-31-accounts

Directors' report Directors' report 3 —11
Independent Auditors' report 12-14
Consolidated statement offinancial activities 15
Consolidated and charity balance sheets 16
Consolidated statement ofcash flows 17
Notes to the consolidated financial statements 18—34

Charity name Charity name CWR
Charity registration number 294387
Company registration number 1990308
Registered Office Waverley
Abbey		 House
Waverley
Lane
Farnham
Surrey GU9 BEP
UK
Directors and Trustees Stephen
P.Apted		 (Chair)
Andrea
Barker (appointed
19November 2019)
Derek Holbird
Bob Peet (appointed 19 November 2019)
Stephen J.Bradley (resigned 16July 2020)
Sean P.Gubb (Deputy Chair) (resigned 19May 2020)
June Morell (appointed 5 December 2019resigned
22 April 2020)
Graham
Sopp (resigned		 29September 2020)
Chief Executive Michael Brooks (01.08.19-31.03.20)
Mark Markiewicz (appointed 1.07.20)
Executive Director Fiona Stevenson (01.08.19-30.06.20)
Bankers Barclays Bank pic
Farnham
Branch
22 The Borough
Farnham
Surrey GU9 7NH
Independent Auditors Mazars
LLP
Chartered
Accountants
Floor
6Sutton Plaza
Sutton Court Road
Sutton
SM14FS
Solicitors Moore Barlow LLP
The Oriel
Sydenham
Road
Guildford
GU1 3SR

2020 2019
Unrestricted Restricted Total Total
funds Funds Funds funds
Notes
Income
Donations
and legacies		 448,381 186,685 635,066 925,051
income from charitable activities
Publications 873,344 873,344 1,069,048
Training 1,065,297 1,065,297 1,014,064
Income from other trading activities 28,982 28,982 78,310
Investment
income		 1,097 1,097 4,323
Other income 126,545 126,545 70,868
Total income 2,543,646 186,685 2,730,331 3,161,664
Expenditure
Expenditure
on raising funds		 357,466 3,821 361,287 333,800
Expenditure
on trading		 activities 28,052 28,052 76,893
Expenditure
on charitable		 activities
Publications
costs		 1,417,624 58,632 1,476,256 1,539,054
Training costs 1,470,809 71,426 1,542,235 1,357,709
Total expenditure 3,273,951 133,879 3,407,830 3,307,456
Net (expenditure)
/ income		 (730,305) 52,806 (677,499) (145,792)
Transfers between
funds		 19/20 26,049 (26,049)
(Loss) on disposal oftangible assets (481)
Net movement
in funds		 (704,256) 26,757 (677,499) (146,273)
Reconciliation offunds
Total funds brought forward 2,995,400 204,473 3,199,873 3,346,146
Total funds carried forward 19/20 2,291,144 231,230 2,522,374 3,199,873

Group Group Charity Charity
2020 2019 2020 2019
Notes f
Fixed assets
Intangible
assets		 12 195,689 210,695 195,689 210,695
Tangible assets 13 2,707,198 2,707,679 2,707,198 2,707,679
Total fixed assets 2,902,887 2,918,374 2,902,887 2,918,374
Current assets
Stocks 14 210,601 234,159 210,601 234,159
Debtors 15 1,045,312 927,954 1,085,200 970,407
Cash at bank and in hand 141,698 872,641 100,630 828,426
Total current assets 1,397,611 2,034,754 1,396,431 2,032,992
Liabilities
Creditors
falling due within one year		 16 (1,563,106) (1,499,217) (1,558,337) (1,495,903)
Net current (liabilities) / assets (165,495) 535,537 (161,906) 537,089
Total assets less current liabilities 2,737,392 3,453,911 2,740,981 3,455,463
Creditors falling due
after more than one year 17 (215,018) (254,038) (215,018) (254,038)
Net assets 2,522,374 3,199,873 2,525,963 3,201,425
Funds ofthe charity
Unrestricted 19 2,291,144 2,995,400 2,294,733 2,996,952
Restricted 20 231,230 204,473 231,230 204,473
2,522,374 3,199,873 2,525,963 3,201,425

2020 2019
Notes
Net cash (used in) / from operating activities 27 (296,892) 1,604,661
Cash flows from investing activities:
Purchases of property
and		 equipment (76,041) (103,424)
Purchases ofintangible
assets		 (27,358) (49,153)
Interest received 1,097 4,323
Net cash from investing activities (102,302) (148,254)
Cash flows from financing activities:
Interest
paid		 (7,108) (9,496)
Repayment
of borrowings		 (i) (324,641) (909,853)
Net cash used in financing activities (331,749) (919,349)
Change
in cash &cash equivalents		 in the year (i) (730,943) 537,058
Cash &cash equivalents at the beginning ofthe year 872,641 335,583
Cash &cash equivalents at the end ofthe year 141,698 872,641
(i) Analysis ofchanges
in		 net debt
At 1Sept 2019 Cash flows At 31Aug 2020
6 g
Cash and cash equivalents
Cash 872,641 (730,943) 141,698
Borrowmgs
Debt due within one year (461,995) 285,621 (176,374)
Debt due after one year (254,038) 39,020 (215,018)
(716,033) 324,641 (391,392)
Total 156,608 (406,302) (249,694)

The financial
perfor		 mance
ofthe charity al		 one is:
2020 2019
E E
Net movement
in funds		 (675,462) (136,741)
Total funds brought forward 3,201,425 3,338,166
Total funds carried forward 2,525,963 3,201,425

Comparative
sta		 tem ent
of		 financial
activ		 ities
2019
Unrestricted Restricted Total
funds funds funds
notes
Income
Donations
and		 legacies 647,041 278,010 925,051
Income from chajitable activities
Publications 1,069,048 1,069,048
Training 1,014,064 1,014,064
Income from other trading activities 78,310 78,310
Investment
income		 4,323 4,323
Otherincome 70,868 70,868
Total income 2,883,654 278,010 3,161,664
Expenditure
Expenditure
on		 raising funds 317,692 16,108 333,800
Expenditure
on		 trading activities 76,893 76,893
Expenditure
on		 charitable activities
Publications
costs		 1,415,026 124,028 1,539,054
Training costs 1,288,034 69,675 1,357,709
Total expenditure 3,097,645 209,811 3,307,456
Net (expenditure) / income (213,991) 68,199 (145,792)
Transfers between funds 43,687 (43,687)
Loss on disposal of tangible assets (481) (481)
Net movement in funds (170,785) 24,512 (146,273)
Reconciliation offunds
Total funds brought forward 3,166,185 179,961 3,346,146
Total funds carried forward 19/20 2,995,400 204,473 3,199,873

Unrestricted Restricted 2020 2019
Income funds funds Total Total
6 f 6 f
Donations 440,300 186,685 626,985 708,880
Legacies 8,081 8,081 216,171
Total donations, legacies and grants 448,381 186,685 635,066 925,051
Publications income 873,344 873,344 1,069,048
Training income 1,065,297 1,065,297 1,014,064
Total income from charitable activities 1,938,641 1,938,641 2,083,112
Income from other trading activities 28,982 28,982 78,310
Investment
income —deposit		 interest 1,097 1,097 4,323
Other income 126,545 126,545 70,868
Total income 2,543,646 186,685 2,730,331 3,161,664

2020 2019
E f
Salaries 13,316
Printing
appeals		 4,391 9,101
Distribution and postage 2 232 7,610
Fulfilment
and other		 costs 5,428 6,502
Support costs (note 8) 335,920 310,587
361,287 333,800
5 Expenditure on trading activities
2020 2019
E E
Salaries 18,045
Food expenses 4,739 18,508
Repairs and maintenance 6,862 19,004
Other costs 4,221 9,134
Support costs (note 8) 12,230 12,202
28,052 76,893
6 Publications costs
2020 2019
E f
Publications salaries 295,695 299,461
Cost of publications 281,061 326,048
Sales and marketing expenses 62,127 85,265
Other costs 3,071 5,990
Distribution costs 205,842 202,640
Support costs (note 8) 628,460 619,650
1,476,256 1,539,054

Training costs
2020 2019
f f
Training salaries 586,432 508,430
Marketing
expenses		 10,166 16,053
Course and events activity costs 294,452 231,575
Other costs 26,574 78,092
Support costs (note 8) 624,611 523,559
1,542,235 1,357,709

Raising Trading Publication Training Total Total
funds activities Costs Costs 2020 2019
Costs Costs
f E
Support and other costs include
the following:
Support staff costs 251,989 7,314 328,938 230,049 818,290 782,401
Administration and insurance 9,116 40,331 62,394 111,841 76,022
Bank charges and interest payable 4,816 13,404 12,533 30,753 37,225
Depreciation and amortisation 22,019 30,388 37,081 89,489 68,414
Office and equipment maintenance 14,112 3,576 62,908 96,596 177,192 193,634
Distribution, stationery and printing 1,558 6,891 10,661 19,110 26,372
Governance costs 10,162 1,340 41,472 47,772 100,746 92,454
Othersupport costs 22,148 104,128 127,524 253,800 189,476
335,920 12,230 628,460 624,611 1,601,221 1,465,998

9 Net income / (expenditure) Net income / (expenditure) Net income / (expenditure) for the year
2020 2019
f 6
This is stated after charging:
Auditors' remuneration: audit fees 10,500 10,000
taxation services 815 775
other services 605 565
Interest payable: mortgage 7,108 9,496
Depreciation/amortisation ofowned fixed assets 89,489 68,414
Hire ofother assets —operating
leases		 12,998 15,077
10 Staff costs
2020 2019
6 E
Salaries and wages 1,506,362 1,409,384
Pension costs 168,413 153,755
Social security costs 123,802 116,803
1,798,577 1,679,942

2020 2019
Number Number
Directors 5 5
Senior Management 4 5
Ministry and Support 44 44
53 54

~Gd Ch Software Under
construction		 Total
f 6 f
Cost
At 1September 2019 120,865 125,950 246,815
Additions 6,600 20,758 27,358
Transfer (16,725) (16,725)
At 31August 2020 127,465 129,983 257,448
Amortisation
At 1September 2019 36,120 36,120
Charge for the year 25,639 25,639
At 31August 2020 61,759 61,759
Net book values
At 31August 2020 65,706 129,983 195,689
At 31August 2019 84,745 125,950 210,695
Amortisation
rates per annum		 209o

13 Tangible fixed assets Tangible fixed assets
~Gd Ch Freehold Office Under Total
property furniture
and		 construction
equipment
f
Cost
At 1September 2019 3,151,862 498,805 36,078 3,686,745
Additions 41,466 34,575 76,041
Transfers 57,981 (41,256) 16,725
Disposals (29,397) (29,397)
At 31August 2020 3,151,862 598,252 3,750,114
Depreciation
At 1September 2019 556,458 422,608 979,066
Charge for the year 25,941 37,909 63,850
Disposals
At 31August 2020 582,399 460,517 1,042,916
Net book values
At 31August 2020 2,569,463 137,735 2,707,198
At 31August 2019 2,595,404 76,197 36,078 2,707,679
Depreciation rates per annum 1%to 109o 20Yo to 33.3Ya
on property
additions
Stocks
Group and Charity 2020
6		 2019
f
Work in progress 10,839 10,437
Publications for sale 199,762 223,722
210,601 234,159

15 Debtors
2020 2019 2020 2019
Group Group Charity Charity
f 6 6 6
Due within one year:
Trade debtors 939,941 645,204 939,941 645,204
Other debtors 31,201 50,187 30,582 49,256
Balances due from group 40,507 43,384
companies
Prepayments
and accrued		 74,170 232,563 74,170 232,563
income
1,045,312 927,954 1,085,200 970,407
16 Creditors falling due within one year
2020 2019 2020 2019
Group Group
f		 Charity
6		 Charity
f
Commercial
mortgage		 61,374 61,994 61,374 61,994
Bank and short term loans 115,000 400,000 115,000 400,000
Trade creditors 127,135 80,750 127,135 80,750
Deferred income 1,105,496 855,845 1,105,496 855,845
Taxation
and
so cia I security		 29,734 32,488 29,734 32,488
Other creditors and accruals 124,367 68,140 119,598 64,826
1,563,106 1,499,217 1,558,337 1,495,903
Reconciliation
of movement		 in deferred income during the year
2020 2019
~Grou f f
Beginning ofthe year 855,845 925,891
Received during the year 1,600,428 1,221,758
Released to statement offinancial activities (1,350,777) (1,291,804)
End ofthe year 1,105,496 855,845

6~d&h 2020
6		 2019
6
Commercial
mortgage,		 repayable
In one to two years 74,421 63,709
In three to five years 140,597 190,329
215,018 254,038

inancial instruments
2020 2019
6 6
Financial assets
Cash and cash equivalents 141,698 872,641
Financial assets that are debt instruments 970,523 694,717
1,112,221 1,567,358
Financial liabilities 527,984 464,923

Group Charity
6
Balance at 1September 2019 2,995,400 2,996,952
Income 2,543,646 2,512,696
Expenditure (3,273,951) (3,240,964)
Transfer between funds 26,049 26,049
Balance at31August 2020 2,291,144 2,294,733

estricted
funds
~Gd Cb
Funds Balance at Income Expenses Transfers Balance at
31Aug 31Aug
2019 2020
E E
Prisons Ministry 80,478 19,413 (45,721) 21,082 75,252
Asia Ministry 81,496 131,500 (64,267) 148,729
Christmas 2017appeal (SEAsia) 16,795 30 (16,825)
Easter 2018appeal (insight) 9,169 55 (9,224)
Summer 2019appeal(Counselling) 16,535 4,046 (13,332) 7,249
Christmas 2019appeal (Prisons) 31,641 (10,559) (21,082)
204,473 186,685 (133,879) (26,049) 231,230

Unrestricted Restricted Total funds Total funds
2020 2019
6 6 6
Fixed assets 2,902,887 2,902,887 2,918,374
Cash at bank 141,698 141,698 872,641
Other current assets 1,166,381 89,532 1,255,913 1,162,113
Current liabilities (1,563,106) (1,563,106) (1,499,217)
Long term liabilities (215,018) (215,018) (254,038)
2,291,144 231,230 2,522,374 3,199,873

2020
f		 2019f
During the next year 11,772 13,407
Due in two to four years 43,163 23,463
54,935 36,870

Group Group
2020 2019
f f
Cash flows from operating activities
Net movement
in funds		 (677,499) (146,273)
Adjustments
for:
Depreciation
of property		 and equipment 63,850 68,414
Amortisation
of intangible		 assets 25,639
Interest received (1,097) (4,323)
Interest paid 7,108 9,496
Loss on disposal of equipment 29,397 481
(Increase) Decrease in debtors (117,358) 1,885,259
Decrease in stock 23,558 28,163
Increase (Decrease) in creditors 349,510 (236,556)
Cash (used in) / generated from operating activities (296,892) 1,604,661