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|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|
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|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||||
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|||||||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|
##
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|||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)|
##
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|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|
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|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|
##
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##
|||||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|
##
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|||||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|
##
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|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|
##
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|~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|
##
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|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|
##
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|||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|
##
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||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|
##
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||||||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|