**���������������������������������������������������� ! ������������"���������������#�$$#�** �������������������������� ������������������������������������������������������������������ ��� ���� �!���"�!#� � "��������$% &�#��'()� ��������� ``` The CROSS Project ``` ``` Contents of the Financial Statements for the Year Ended 31st August 2021 ``` ||`Page`| |---|---| |`Report of the Trustees`|`1 to 2`| |`Statement of Financial Activities`|`3`| |`Balance Sheet`|`4 to 5`| |`Notes to the Financial Statements`|`6 to 8`| |`Detailed Statement of Financial Activities 9`|| |`Independent Examiner's Report to the Trustees 10`|| ## `THE CROSS PROJECT` ``` Report of the Trustees for the Year Ended 31st August 2021 ``` ``` The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`** `2845211 (England and Wales)` ``` Registered Charity number 1026601 ``` ## **`Registered office`** ``` Belle Isle Christian Centre Belle Isle Avenue Wakefield West Yorkshire WF1 5JY ``` ## **`Trustees`** ``` Mr. M N Bradley Mr. A Willis Mr N J Rigby Mr I Price Bishop A Robinson Mrs E Gage Revd Mrs K Robertson ``` ## **`Company Secretary`** ``` Mr. M N Bradley ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ``` ## **`Other governance issues`** ``` New trustees are appointed after obtaining references from local churches and organisations, and providing evidence of DBS self-declarations. The induction process consists of familiarisation by attending trustees' meetings before formal appointment. Individual Trustees act as directors of the different parts of the organisation, depending on their respective skills. The charity maintains a register of trustee related parties, and declarations of interest are sought at each trustee meeting. The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ## **`OBJECTIVES & ACTIVITIES`** ## **`Significant activities`** ``` The CROSS Project's objective is to advance the education of children of school age by presenting Christianity in a lively and interesting way. The objective also meets the Charity Commission’s guidance for achieving a public benefit. The Project would not exist without the financial and prayer support of Wakefield Churches and our individual supporters. It is so humbling that every year God provides the resources we need and we are very grateful. ``` ``` We now have a team manager supported by 3 schools workers, including an additional staff member appointed during the year. We have been able to fulfil all of our schools commitments and received commendations from school management on the quality of our work. ``` ``` We continued to receive significant gifts and grants from churches and charitable foundations, including a one-off totally unexpected gift of £65,000 from the Woolhope Trust. ``` ``` The current national school funding reductions had an impact on our income from partnership with schools, which decreased by over £4,000. ``` ``` Page 1 ``` ReEAJt of the TnL%tres for the YearFxthl 31stAugull2tr21 ChgritabkArtivities The COVH>19 vints a signifKantfiW￿t￿l irr4￿ wirklwith. athd Stttlfi￿lly in Closing *hLX)Is (xwwotkers visiL We rorppletcd a risk a&Sessn￿nt which ¢￿firn￿ tha the CROSS Flried was still abk to 0￿e ￿ a goiD8 durirhg 201>21 with ￿[nrte vthin8 agreed with s¢h(ds. As 4 rtsultofthis aTrJ ￿ re￿I￿rd. the uUd'Sfir￿nClal 15 secure for Jttl-21 The J&si year h&8 be•) othe of blessing ard Crfxj £￿11n￿￿ w us¢ CRO￿ FA)w¢rfully to and withess within school& We are gfdteful fortt* to sl¥)w CKwJ'& love 8TKI S￿et05￿￿￿8 and • Rewlew of theyear All of IMJr staff have workcd hard iokndop ￿lity resour￿ &s a mlt wc have been aNe to fulfil all rf (w ￿1￿￿)1$ commiin*rts aThi LEttived c¢Mnmthtions fnxn sdvx)I ma￿erne￿ OD the qu￿1ryOfOur wTr We skxni tsver£52.¢XK) on ￿1MM)IS wirk for 2(rts2l. a dtcrtwe of the p￿K￿ ycar. Th¢ ¢UTreJrt national sch￿] fuTythng red￿lOr& hpaj an IMP￿ OD ouriwx)Y fm wti*5tupvith 7which thcr¢48ed by over£4.(KK). Wc were extremely p]eased that iwl irmne fTom i*¥¥)r5 in¢Thsed by over£4.8IX)115%1. We ree¢iv¢d a or¢ off urtx￿ted gift of £05.(XXI frm theW(y)]1¥4rTru5L Tr tram c1)ntin￿l its hard wixk it) applyin8 forth wt& We are treTneNiously 8rnteful fortr Sup[￿ of thc Th￿￿h¢S and ￿nd& Howe>w wè are Mill ]￿king for fvrt￿r ways to eoable u6 tOc￿lin￿ ￿)r wc*t The Th￿tea% cork4thr that a p)licy ￿r￿Id t¢ to hav¢ suificitthi rt*rvestoo&tr8¢e fix a 5cIM)ol *rni if all firding ceased: in IY2I that rep￿￿ re8¢Trr$ of oNtr£14.m). c￿￿ent rernatc this arn(NJnL Pr1￿%￿1 tuTh11￿ p4)wre8 The principal sources of fiLndin8 for ts ¢htri¢y Trgular i￿11¥1d￿￿ 8ifts fJDrn c￿]$ll8￿3 ory1 ¢hurcl*s with Connection towakefield. aTrJ WLS from chritaN¢ trus Post BalaN* Sheet Eve covItN19, althwgh le&s of a riSkIt￿ la8 )taL ¢Th*in￿$ ￿ give wKertainty f¢x futu￿ operaliotL& AJtlKwJ8h ts k>n8 leThn impact will hAv¢ ￿ b¢ Y¢.asse￿￿ in futtlle ytar& *r yvi¢¢t t1￿ ￿11 htve sufficieN fund5 aNI donRuoD$to ¢wiiDue as a 8¢xn8 LxJ)cern. STATEMEKT OFDIRECtORS' RLwNS1BIL￿IL The Chariti¢¥ Ad the Cl￿PanieS Act rtyuire the Trus*es torn flnwKi•J $w￿nts f￿ eath finattciai Jtar whith 8iV¢ A WKI f¥ir view of thc 5tste of affair5 of the ch￿](Y &$ ￿ the end of financial year￿d of s4uplus or deficitof the eknity. In preparing ttw fina￿141 s¢a*meM5 ￿ TIV￿¢¢5 arr requiffd to. - seleL1 suithble a¢CO￿ling Frf)liGies and aprAy consimently. . mske Jud￿Ments aJMI ¢4imates that and prthL aThJ . prepare the finathcial swetKDts iy> g(in8C0rK￿ baw unkss it i&iDappTr4>riate to that th¢chaThty will continue in b￿]ne . sthte whether 8pp]*able x¢(th)Un8 sthNJo]th and have Ixn fdlort SUbi￿t to ?￿Y ft)#terio] **257**||**257**|379| |Income from investment|3|
**17**||**17**|0| |**Income from charitable activities**|||||| |Schools work||**0**||**0**|4,150| |**Total income**||**126,276**|**1,000**|**127,276**|52,913| |**EXPENSES**|||||| |**Expenditure on charitable activities**|||||| |Schools work||**50,668**|**1,711**|**52,379**|53,088| |**Other expenditure**||**0**|**0**|**0**|0| |**Total expenses**||**50,668**|**1,711**|**52,379**|53,088| |**NET INCOMING / (OUTGOING) RESOURCES**||**75,608**|**(711)**|**74,897**|(175)| |**RECONCILIATION OF FUNDS**|||||| |Total funds brought forward||**15,514**|**711**|**16,225**|16,400| |**TOTAL FUNDS CARRIED FORWARD**||**91,122**|**0**|**91,122**|16,225| The notes form part of these financial statements Page 3 ## THE CROSS PROJECT ## Balance Sheet for the Year Ended 31st August 2021 |**Unrestricted**
**Funds**
**£**
Note
**FIXED ASSETS**
Equipment at cost
7
**14,376**
Less Depreciation
7
**(14,000)**
**Total Fixed Assets**
**376**
**CURRENT ASSETS**
Cash at bank and in hand
**91,321**
Prepayments & Debtors
8
**291**
**91,612**
**CREDITORS**
Amounts falling due within one year
9
**(866)**
**(866)**
**NET CURRENT ASSETS**
**90,746**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**91,122**
**NET ASSETS**
**91,122**
**Unrestricted funds**
**Restricted funds**
**TOTAL FUNDS**|**Unrestricted**
**Funds**
**£**
Note
**FIXED ASSETS**
Equipment at cost
7
**14,376**
Less Depreciation
7
**(14,000)**
**Total Fixed Assets**
**376**
**CURRENT ASSETS**
Cash at bank and in hand
**91,321**
Prepayments & Debtors
8
**291**
**91,612**
**CREDITORS**
Amounts falling due within one year
9
**(866)**
**(866)**
**NET CURRENT ASSETS**
**90,746**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**91,122**
**NET ASSETS**
**91,122**
**Unrestricted funds**
**Restricted funds**
**TOTAL FUNDS**|**Restricted**
**Fund**
**£**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**|**31 August**
**2021**
**Total**
**Funds**
**£**
**14,376**
**(14,000)**
**376**
**91,321**
**291**
**91,612**
**(866)**
**(866)**|31 August
2020
Total
Funds
£
14,376
(13,878)| |---|---|---|---|---| |||||498
14,612
2,190| |||||16,802| |||||(1,075)| |||||(1,075)| |||||| ||**90,746**|**0**|**90,746**|15,727| ||**91,122**|**0**|**91,122**|| |||||16,225| ||**91,122**|**0**|**91,122**|| |||||16,225| ||||**91,122**
**0**
**91,122**|15,514
711| |||||16,225| The notes form part of these financial statements Page 4 continued... ## THE CROSS PROJECT Balance Sheet - continued At 31st August 2021 The Trustees are satisfied that the charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2021. None of the trustees have required the charitable company to obtain an audit of its financial statements for the year ended 31st August 2021 in accordance with Section 476 of the Companies Act 2006. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 10. ## The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Section 386 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements were approved by the Board of Trustees on ............................................. and were signed on its 25 May 2022 behalf by: **..........................................** ... **Trustee: Mr N J Rigby** The notes form part of these financial statements Page 5 ## THE CROSS PROJECT Notes to the Financial Statements for the Year Ended 31st August 2021 ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The accounts have been drawn up in accordance with the provisions of the Charities (Accounts and Reports) Regulations 2008 and the companies Acts, and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing. Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the Charity's operation and in order to comply with the requirements of the SORP. The charity meets the definition of a public benefit entity under FRS102. The company has also taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Where incoming resources have related expenditure (as with fundraising income) these are reported gross in the SOFA. Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate. The value of voluntary help received is not included in the accounts but is described in the Trustees' annual report. ## **Resources expended** Expenditure is accounted for on an accruals basis as soon as there is a legal or constructive obligation and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Governance Costs include the costs of the preparation and examination of statutory accounts. ## **Tangible fixed assets** Depreciation is provided at an annual rate of 20% in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the statement of financial activities on a straight line basis over the period of the lease. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. OTHER TRADING ACTIVITIES** ||**2021**|2020| |---|---|---| ||**£**|£| |Fundraising Income|**0**|374| ||====|| |**3. INCOME FROM INVESTMENT**||| ||**2021**|2020| ||**£**|£| |Bank interest|**17**|0| ||===|| Page 6 THE CROSS PROJECT Notes to the Financial Statements - continued for the Year Ended 31st August 2021 ## **4. NET INCOMING/(OUTGOING) RESOURCES** Net resources are stated after charging/(crediting): |resources are stated after charging/(crediting):||| |---|---|---| ||**2021**|2020| ||**£**|£| |Depreciation - owned assets|**122**|238| |Other operating leases|**842**|675| ## **5. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or benefits for the year ended 31st August 2021 nor for the year ended 31[st] August 2020 ## **Trustees' Expenses** There were no trustees' expenses paid for the year ended 31st August 2021 nor for the year ended 31[st] August 2020 ## **6. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs|**Unrestricted**
**34,651**
**2,167**
**2,584**
**39,402**|**Restricted**
**336**
**336**|**2021**
**£**
**34,987**
**2,167**
**2,584**
**39,738**|2020
£
40,679
(4)
1,862| |---|---|---|---|---| |||||42,537| ## **7. TANGIBLE FIXED ASSETS** |**£**
**COST**
At 1st September 2020
Additions
Sales and write-offs
At 31st August
2021
**DEPRECIATION**
At 1st September 2020
Charge for year
Less depreciation on sales
At 31st August
2021
**NET BOOK VALUE**
At 31st August
2021
At 31st August
2020
**2021**
**8. PREPAYMENTS & DEBTORS**
**£**
Gift Aid Reclaim
**291**
Other
**0**|**Plant and**
**machinery etc**
**£**
**14,376**
**0**
0
**14,376**
**13,878**
**122**
**0**
**14,000**
**376**
498
**291**|2020
£
1,090
1,100| |---|---|---| |||2,190| Page 7 ## THE CROSS PROJECT Notes to the Financial Statements - continued for the Year Ended 31st August 2021 ## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Taxation and social security
Other creditors|**2021**
**£**
**206**
**660**
**866**|2020
£
415
660| |---|---|---| |||1,044| ## **10. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
Anchor Trust (for specific resources to help schools work)
Westhill Endowment Trust (for specific resources to help schools work)
Total Restricted Funds
**TOTAL FUNDS**
**Net movement in funds, included in the above are as follows:**
**Unrestricted funds**
General fund
**Restricted funds**
Anchor Trust (for specific resources to help schools work)
Westhill Endowment Trust (for specific resources to help schools work)
**Total**
**TOTAL FUNDS**|At 1 Sept
2020
£
15,514
0
711|**Net**
**movement in**
**Funds**
**£**
**75,608**
**0**
**(711)**|At 31 Aug
2021
**£**
91,122
0
0| |---|---|---|---| ||711|**(711)**|0| ||16,225
Incoming
resources
£
126,276
1,000
0
1,000
127,276|**74,897**
Resources
expended
£
50,668
1,000
711
1,711
52,379|| ||||91,122| ||||**Movement**
**in Funds**
**£**
**75,608**
**0**
**(711)**| ||||**(711)**| ||||| ||||**74,897**| ## **11. RELATED PARTIES AND ASSOCIATIONS** The Cross Project leases rooms provided by Wakefield Baptist Church. Two of the trustees, Mr A Willis and Mr M Bradley, are leaders at the Baptist Church. They do not participate in any discussions on matters related to the room hire. Mr Ian Price is a Trustee and works as a self-employed advisor to the Cross Project for one day a week. He does not participate in any discussions on staff salaries. There are no other related parties and associations. ## **12. POST BALANCE SHEET EVENT** The COVID-19 virus continues to have a significant financial impact worldwide, and specifically in closing the schools where our workers visit. We have completed a risk assessment which confirms that the CROSS Project is still able to operate as a going concern during 2020-21 using government furlough support, although the long term impact will have to be assessed during the year. Page 8 ## THE CROSS PROJECT Notes to the Financial Statements - continued for the Year Ended 31st August 2021 |**INCOME**
**Donations, legacies and grants**
Churches
Individuals using Gift Aid
Individuals not using Gift Aid
Trusts
Government grants
Gift aid
**Other trading activities**
Fundraising events
Sundry Income
**Income from investment**
Bank interest
**Income from charitable activities**
Schools work
**Total income**
**EXPENSES**
**Expenditure on charitable activities**
Employees (see note 6)
Employees Other Costs
Office Expenses
Premises
Training & conferences
Fundraising expenses
Resources and other costs
Governance costs**:**Independent Examination
**Other expenditure**
**Office and Premises expenses include:**
**Support costs**
**Management**
Resources purchased
**Information technology**
Repairs and renewals|**Unrestricted**
**11,219**
**14,644**
**7,580**
**90,747**
**0**
**1,812**
**126,002**
**0**
**257**
**257**
**17**
**0**
**126,276**
**Unrestricted**
**39,402**
**205**
**3,381**
**4,349**
**50**
**0**
**2,621**
**660**
**50,668**
**0**
1,970
0|**Restricted**
**1,000**
**1,000**
**0**
**1,000**
**Restricted**
**336**
**508**
**867**
**1,711**
**0**
867
0|**2021**
**£**
**11,219**
**14,644**
**7,580**
**91,747**
**0**
**1,812**
**127,002**
**0**
**257**
**257**
**17**
**0**
**127,276**
**39,738**
**205**
**3,889**
**4,349**
**50**
**0**
**3,488**
**660**
**52,379**
**0**
**2,837**
**0**|2020
£
8,806
12,314
7,450
13,589
3,225
3,001| |---|---|---|---|---| |||||48,384| |||||374
4| |||||379| |||||0
4,150| |||||52,913| |||||42,537
646
3,408
4,338
459
0
1,040
660| |||||53,088| |||||0| |||||849| |||||| |||||0| This page does not form part of the statutory financial statements Page 9 ## **THE CROSS PROJECT (COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021** Report to the trustees/ members of The Cross Project on the accounts for the year ended 31st August 2021. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with 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** In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF Date: 26th May 2022 Page 10