Charity registration number 1054168 (England and Wales) Company reglstratlon number 03172554 DUDLEY CROSSROADS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
DUDLEY CROSSROADS LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrs J Head Mr H Friesner Mr M Carpenter MrA Miller Mrs B M Ingram Chairperson Vice Chairman Treasurer Secretary Mrs B M Ingram Charity number 1054168 Company number 03172554 Reglstered offl¢e Unlt 6. Watt House The Innovation Centre The Pensnett Estste Kingswinford West Midlands England DY6 7YD Independent examiner BK Plus Limited ChurGhfield House 36 Vicar Street Dudley West Midlands England DY2 8RG
DUDLEY CROSSROADS CONTENTS Page Trustees, report Independent examlnerfs report Statement of flnancial activities Balance sheet Notes to th8 financlal statements 7-15
DUDLEY CROSSROADS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial ststements for the year ended 31 March 2025. The financial statements have been prepared in accordan with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). (effective 1 January 2019). Objectives and activities Our aims remain the same as they have since 1982.. To provide support services to carers and those they care for. To prowde high quality Gare for those in need. - To maintain the "good standard" awarded by the Care Quality Commission. - To seek and obtain new funding sources to sustain the service. Public benefit The trustees have paid du8 r8gard to guidance issued by the Charity Commission in d8ciding what activities th8 charity should undertake. Achievements and performance Signlficant actlvities and achievements ag8inst objectlves Dudley Crossroads still remains focussed primarily on respite care for carers and continued to offer some free regular support to carers. We also provide a service to elderly, isolated peoplè in th8ir own homes, assisting with Shopping. m&al preparation and tssks around the home. This year we have Increased our workforce by 1 part time staff to enable us to provide more of our valuable services. Financial review Our carer support seNi¢e is funded by NHS Black Country Int8grated Care Board, donations and by any successful bids. Talks with NHS Black Country Integrated Care Board have been successful and we have agreed on our contract for this year. It is important to recognise their support over many years. We are constantly exploring new avenues of funding opportunities. We have been successful in some of our funding applications this year and would like to extend our thanks to the following for the generous grants received. Carnbrea Trust- £10,000 The Eveson Trust- £15,000 Woodloffe Benton- £1.750 Baron Davenport- £700 St James Place- £2,184 Many of our Carer Support clients top up their hours of respite by purchasing from us at a not for profit rate. Pay scales were increased by 9.20/0 this year. We anticipate an increase of 6.20k in 202512026 in line with the Living Wage increase.
DUDLEY CROSSROADS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reserves policy The designated reserve stands at £80,000, which is th8 amount consid8red equivalent to 13 working weeks expenditure to Gover unforeseen financial difficulties that might otherwise impact directly on charitable activities. The reserve is under regular review. The charitable funds at 3151 March 2025 were as listed below. Restricted funds in current assets: Designated fund5 in Gurrent assets- £80,000 General funds in current assets-free reserves- £68,464 Plans for future periods We maintain our readin8SS to bid for funding opportunities as they arise and are currently building up a core numb8r of privately funded clients. The demand is greatly increasing for carer relief - we would love to be able to extend our service to reach more informal carers. Looking forward to 2025-2026, we expect to draw on our free reserves to help fund our service whilst we aclively explore more funding str8ams. Structure, governance and management Th8 charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defin8d by the Companies Act 2006. All the directors of the company are also trustees of the charity. The management committee meets on a regular basis to manag8 the affairs of the company and to fomiulat8 policy. The management team organises th8 day-t day running of the scheme, assisted by administrative stsff and care support workers. The trustees, who are also the directors for the purpose of company law, and who seNed during the year and up to the date of signature of the financial statements were: Mr M Carpenter Mrs J Head Mr H Friesner MrA Miller Mrs B M Ingram Ms Georgia Pearsall Mrs Jayne Wattho (Appointed 25 April 20251 (Appointed 25 April 20251 Recruitment and appointment of trustees Recruitment of trustees is achieved by publicity through appropriate channels, including direct enquiries. There is a nominated board member to undertake training and induction. Organisational structure Dudley Crossroads is rated as 'Good' by the Care Quality Commission. Staff undergo extensive Iraining inGluding safeguarding adults and children, health and safety, fire training. first aid, infection control. confidentiality, food hygiene, radiGalisation, domestic abuse and training required by the Care Quality Commission, Dud18y IHC and oth8rs. All Carer Support staff hold Lavel 2 in Direct Care. All staff are Dignity Champions and Dementia Friends.
DUDLEY CROSSROADS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Remuneratlon policy No trustee receives any remuneration, but all professional staff are fully paid, including a statutory pènsion scheme. Other matters 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 assuran against fraud and error. The charity has purchased third party indemnty insurance for the trustees against liability arising from wrongful acts in relation to the charity. Key staff Senior manager- Mrs J Weeks Care Manager- Mrs J Norman The trustees, report was approved by th8 Board of Trust8es. rsJ Tru ead ee October 2025
DUDLEY CROSSROADS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DUDLEY CROSSROADS I report to the trustees on my examination of the financial ststements of Dudley Crossroads (the charity) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity {and also its directors for the purposes of company lawl, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respecl of my examination of the charity's financial statements carried out under section 145 of the Charities Ad 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515)(b) of the Charities Act 2011. Independent examiner's statement Since the charity's gross income exceeded £250,000. the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confimi that l am qualified to undertake the examination because l am member ofAssiciation of Chart8r8d C8rtified Accountants, which is on8 of th8 list8d bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examlnatlon glvlng me cause to believe thal in any material respect: accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statements do not accord wlth those records" or the financial statements do not comply with the accounting requirements of section 396 of the Companies A 2006 other than any requlrement that the financial statements give a true and fair vi8w, which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and princlples of the statement of Recommended Practice for accounting and r8POrting by charities applicable to charltles preparing their financial statements in accordance with the Financial RE:porting Standard applicable in the UK and Republic of Ir81and (FRS 102). I have no concerns and hav8 come across no other matters In connection with th8 examination to which attention should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached. K Plus Limited Claire Jones FCCA Churchfield House 36 Vicar Street Dudley West Midlands DY2 8RG England Dated: 10 October 2025
DUDLEY CROSSROADS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlctod funds 2025 Unrostricted funds 2024 Notes Income from: Donations and legaci8S CharFtable adivities - provision of care services Investments 40,019 229,634 4,825 20,752 174,349 6,554 Total income 274,478 201.655 Charltable a¢tivltles 278,081 245,202 Net gains on investments 4,071 2,319 Net Incomel(expendlture) and movement In funds 468 (41,228) Reconciliation of funds: Fund balances at 1 April 2024 147,996 189,224 Fund balances at 31 March 2025 148,464 147,996 The statement of financial activities includes all gains and losses recognlsed In the year. All income and expenditure derive from continuing activities.
DUDLEY CROSSROADS BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets 10 709 945 Current assets Debtors Investments Cash at bank and in hand 11 12 25.503 121.107 21.575 18,629 117,036 27,989 168.185 163.654 Creditors: amounts falling due within one year 13 (20,430) (16,603) Net current assets 147,755 147.051 Totsl assets less current liabilities 148,464 147,996 The funds of the charlty Unrestricted funds 15 148,464 147.996 148,464 147.996 The company is entitled to the exemption from the audit requirement contained In section 477 of th8 Companies Act 2006, for the year 8nd8d 31 March 2025. The directors acknow18dg8 their responslbllltles for complylng wlth the requir8m8nts of the Companies Act 2008 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 10 October 2025 Mr M Carpenter Trustee Mr st Company registration number 03172554 (England and Wales)
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Charity infom)ation Dudley Crossroads is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 6, Watt House. The Innovation Centre. The Pensnett Estate. Kingswinford. West Midlands, DY6 7YD. England. 1.1 AGcounting Gonvention The financial ststements have been prepared in accordance with the charity's governing document. the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities prepartng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantag8 of the provisions in the SORP for charities not to prepare a statement of cash flows. The financial ststements are prepared in sterling, which is the fvnctlonal currency of th8 charity. Mongtary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectstlon that the charity has adequate resourtss to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt th8 going concern basls of accounting In preparlng th8 financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitsble objectives. Restricted funds are subject to specffic conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on re(*ipt. other donations are recognised On the charity has been notified of the donation. unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otheThYise if the charity has been notified of an impending distribution. the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a Gontingent asset.
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles {Continued) 1.5 Expenditure Expenditure 15 recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of econornic benefiis wi51 be required in settlement, and the amount of the obligation can be measured reliably. Expendi(ure is Glassified by activity. The costs of each activity are made up of the total of direct Costs and shared costs, including support Gosts involved in undertaking each activity. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any Impairment losses. Depreciation is recognised so as to write off th8 Cost or valuation of ass8ts18SS th8ir r8sidual values over their useful lives on the following bases: Fixtures and fittings 25Pk reducing balance The galn or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairment of flxed assets At each reporting end date, the charity reviews the carrying amounts of Its tangible assets to detemiine whether there is any indication that those assets have suffered an impairm8nt loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-temi liquid investments wilh original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Baslc financial assets Basic financial assets, which include debtors and cash and bank balances, are initialty measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets Glassified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable wilhin one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within on8 year or less. If not, they are presented as non-currant liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Derecognltlon of flnanclal liabllities Financial liabilities are derecognised when the charty's contradual obligations expire or are dlscharged or cancelled. 1.9 Employee beneffts The cost of any unused hollday entitlement Is recognised in the period in which the employee's servlces are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.10 Retlrement benefits Payments to defined contribution retirement benefrt schemes are charged as an expense as they fall due. 1.11 Leases Rentals payable under operating leases, including any lease incentives recelved. are charged as an expense on a straight line basis over the term of the relevant lease. Income from donations and legacies Unrestrled funds 2025 Unrestricted funds 2024 Donations and glfts Grants 10,969 29,050 5,052 15,700 40.019 20,752 Income from investments Unrestricted Unrestrfcted funds funds 2025 2024 Interest receivable 4,825 6.554
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charitable actlvltles Charitable Management Governance activities costs 2025 2025 Finance Total 2025 2025 2025 Direct costs Staff costs Depreciation and impairment Rent, rates and service Charge Repairs and maintenance Light and heat Telephone and internet Printing, postage and stationery General expenses Travelling Training Hospitality and social events Bad debts Bank charges Insurance and registrations Advertising Accountancy Professional fees 237.788 237,788 236 16.317 500 2.605 1.182 4.021 3.058 1,709 890 3,028 870 660 2.214 10 1.800 1.193 236 16,317 500 2.605 1.182 4.021 3,058 1,709 890 3,028 870 660 2.214 10 1,800 1.193 240,002 35.619 1,800 660 278,081 Analysis by fund Unrestricted bjnds 240,002 35,619 1,800 660 278,081 10-
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities (Contlnued) Pravlous year: Charitable Management Goveman¢e activities costs 2024 2024 Flnance Total 2024 2024 2024 Direct costs Staff costs Depreclatlon and impalrment Rent, rates and service charge Repairs and maintenance Light and heat Telephone and intemet Printing, postage and stationery General expenses Travelling Training Hospitality and social events Bank Charges Insurance and registrations Accountancy Professional fees 214.739 214,739 315 13,063 177 2,239 740 3,566 1,906 1,546 505 1,452 550 2,154 1,800 450 315 13,063 177 2.239 740 3.566 1.906 1.546 505 1,452 550 2.154 1,800 450 216,893 25.959 1.800 550 245,202 Analysis by fund Unrestricted funds 216,893 25,959 1.800 550 245,202 Net movement In funds 2025 2024 The net movement in funds is stated after chargingl(crediting): Fees payable for the independent examination of the charity's f5nancial statements Depreciation of owned tangible fixed assets 1,800 236 1,800 315 Trustees Non8 of the trustee5 (or any persons connected with them) received any remuneration or benefits from the charity during the year. Trustees expenses of £nil were paid during the year {2024 £nil). 11
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees The average monthly number of employees during the yearwas.. 2025 Number 2024 Number Care work Administration 78 17 Total 22 21 Employment costs 2025 2024 Wages and salaries Social security cosls Other pension costs 226,474 3,941 7.373 205,944 2,500 6.295 237,788 214,739 All staff are currently working part time. There were no employees whose annual remuneration was more than £60,000. The total benefits r8ceived by key management personnel during the year was £52,599 (2024 - £48.117). Gains and losses on Investments Unrestricted Unrestricted funds funds 2025 2024 Gainsl(losses) arising on.. Revaluation of investments Sale of investments 4.071 9.691 (7,372) 4,071 2,319 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 12-
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Tanglble flxed assets Fixlures and fittings Cost At 1 April 2024 1,680 At 31 March 2025 1.680 Depreciatlon and Impalnnent At 1 Aprll 2024 Depreclatlon charged In the year 735 236 At 31 March 2025 971 Carrying amount At 31 March 2025 709 At 31 March 2024 945 11 Dèbtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors Prepayments and accrued income 18,964 6,539 13.425 5.204 25.503 18,629 12 Currant asset investments 2025 2024 Listed investments 121,107 117.036 Inv8Stm8nts are included at fair value. 13 Credltors: amounts falllng due wlthln one year 2025 2024 Trade creditors Other creditors Accruals and deferred income 3,379 206 16,845 2,017 30 14.556 20,430 16,603 13-
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Retirement benefit schemes 2025 2024 Defined contributlon schemes Charge to profit or loss in respect of defined contribution schemes 7,373 6,295 The charity operates a defined Gontribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the tharity in an independently administered fund. 15 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balance5 of donations and grants which ar8 not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2024 Incomlng Resources rosources expended Transfers Galns and At 31 March losses 2025 Designated funds General funds 80,000 67.996 80,000 68,464 274,478 (278,081) 4.071 147,996 274.478 (278,081) 4,071 148,464 Previous year: At 1 April 2023 Incoming resources Resources expended Transfers Gains and At 31 March losses 2024 Deslgnated funds General funds 100,000 89,224 (20.0001 20,000 80.000 67.996 201,655 (245.202) 2,319 189,224 201,655 (245.202) 2,319 147.996 The designated fund represents a reserve to allow the charity to maintain care services for a short period in the case of unforeseen difficulties. 14-
DUDLEY CROSSROADS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Operatlng lease commitments Lessee At the reporting end date the charity had outstanding commitments for futur8 minimum lease payments under non-cancellable operating leases, which fall due as follows: 2025 2024 Within one year Beeen two and five years 15,630 18,071 15,098 33,701 33,701 48,799 17 Related party transactions There were no dlsclosable related party transactions during th8 year (2024 - none). 15-