REGISTERED COMPANY NUMBER: 03370678 (England and Wales} REGISTERED CHARITY NUMBER: 1062664 rt of the Trustees Flnanclal Statements for the Year Ended 31 March 202S Rotherham Crossroads-carln For Carers SMH Group Audlt Statutory Auditors 5 Westbrook Court Sharrow Vale Road Sheffleld South Yorkshire Sll 8YZ
Rotherham Crossroadslarin For Carers Content5 of the Flnand•l Statements for the Year Ended 31 March 2025 Pa8• R•fer•nu and Admlnlstratfve Detslls Report ot the Trustees Report of the Independent Audltors 9 to 11 ststement of Flnanclal Artlvltles 12 Balance Sheet 13 Cash Flow Statement 14 Notes to the Cash Flow Statement 15 Notes to the Flnancial Statsments 16 to 27
Rotherham Crossroads-carin For Car Reference and Admlnlstrdtlve Details heyear Ended 31 March 2025 TRusfEE5 EG Bennett S D Hall Iresi8ned 27110120251 M Hudson D Llsgo J P Neal (reslgned 27110120251 M J Speight M S Doran Iresi8ned 815120251 S J Klrk {re5igned 914120251 REGISTERED OFFICE Crossroads Care Rotherham Unlt H The Polnt Bradmarsh Rotherham South Yorkshlre S60 IBP REGISTERED COMPANY NUMBER 03370678 (England and Wale51 REGISTERED CHARrrY NUMBER 1062664 AUDITORS SMH Group Audit Statutory Auditors 5 Westbrook Court Sharrow Vale Road sheffield South Yorkshire Sll 8YZ BANKERS Barclays Bank plc Bridgegate Rotherham S60 IPG Santander Bootle Merseyslde L30 4GB Page I
otherham Crossroads-carln For Carers Re ort of the Trustees forthe Ye Ended 31 Ma ch 2025 The trustees who are also dlrector5 of the charity for the purposes of the Companies Act 2006, present thelr report wlth the flnanclal statements of the charity for the year ended 31 March 2025. The trustees have adopted the provlslons of Accountlng and Reporting by Charities: Statement of Recommended Practlce applicable to charities preparing thelr accounts In accordance wlth the Flnancial Reportlng Standard applScèble In the UK and Republlc of Ireland IFRS 1021 leffectlve l January 20191. OBJEcfivES AND ACTIVITIES Our Purposes and Actlvttles Rotherham Crossroads - CarinB For Carer5 (also known as Crossroads Care Rotherhaml is a not-for-profit organlsatlon whose purpose is to relleve the stresses experienced by carers and beneflclaries, We provlde a range of service5 to support carers in their own homel givSn8 them "tlme" to be themselves, Care and 5UPPOrt servlce5 are also provlded to people wlth care needs to maxlmlse Independence and enable them to live out In the communlty. The 8eographlc area of service prov151on Is Rotherham and surroundlng dlstrlcts in South Yorkshlre. In shaplng our obJectlves for the year and plannlng our activities we have consldered the Charlty Commlsslon's guidance on public benefit, including the guSdance 'public benefit: runnin8 a charity {PB21" at our trustees, meeting5. We also have placed particular emphasis on added value and how we are giving back to communlty. We see1< to promote our objectives by prOdIng services to those that need it most. Crossroads Care Rotherham 15 cornmitted tu providing practical support in the home and community to enable carers to have a short respite break from their day-to-day caring responslbilities whllst promoting independent living. In providing this service to carers, Crossroads Care Rotherham deliver5 a personali5ed approach to pÈrsDnal care for people with care needs {sorvice users). In some clrcum5tances we provided service5 directly to people with care needs who do not havea carer to supportthem to ensurethey are not left struggllng on thelr own. In order to deliver a professional and caring Service, we employ and train care support workers who work in the client's own home to provide: 24-hour Carer support. Domiciliary care direct to adults with a physical dlsability. Individual packages of care to meet client's needs, Respite care for carers who care at home for a person with a dlsablllty. SeNices to adults under both framework and block agreements wlth Rotherham Nelghbourhoods and Adult Services and NHS Rotherham (CCG). Servlce5 to adults with Learnlng Disabilities. Soclal Prescribing Service supporting carers of adults wlth a lon8-temi condltion. Dementla Enabling and Support Service. Health and Wellbeing support. End of Llfe and Continulng Care to Adults. Care Resillence Project. Carer5 Befrlendlng and support services. Carers Community Hub -The Corner. Services are currently purchased bvi Prlvate Indlviduals Rotherham Borough Councll Integrated Care Board South Yorkshlrè Voluntary Actlon Rotherham National Lottery Age UK Doncaster All services are provided after full consultatlon wlth both the carer and the person with care needs. We aim to Supplement and complement existing statutory 5ervice5 and work closely with them. Page 2
otherham Crossroads<a in For Care Re ort of the Trustees forthe Year Ended 31 March 20Z5 STRATEGIC REPORT Achlevements and performance Charftable actlvltle$ With an ambitlous strategy, the year has been extremely varled and busy for all Snvolved. We have contlnued to dellver on all exlstlng contracts and buSld new relatlonshlps wlth Comm5s51oner5 and Private organi5atlons who In turn support our charitable objectlves. Doncaster contlnue5 to be an area of focus for the Charity and relationshlps and reputation are building posltively at Place level. The contracts held In Rotherham vla the Local authorlty have been retalned and a¢hleved expected outcomes. Followln8 an audlt, we were rated and retained our Excellent status. A small uplift was awarded on this contract whlch dld not cover the Increased costs of National Livln8 Wage INLW}. Th15 year we retenderod for the Carers Resillence Service contract wlth the ICB and were successful for a one year + one year contract. The other two contracts with the ICB rernaln secure and dellvering all expected outcomes. The lottery funds the Carers Navigation Servlce and this is runnin8 extremely well and at a cost recovery model, we are In year 2 of a 3 year proJect. Qperatlng withln the costlng framework and they are content wlth. the outcomes achieved. Thls funding allows fnr carer5 groups to run in Rotherham in various locatlon5, a real hive of social Interaction to reduce isolatlon where the cared for person can a150 attend. This funding also allows for a theraplst to go out Into people'5 own homes and provldes holistic therdpy to reduce Stress and anxiety. We endeavour to dlversify our income streams with the ultimate focus to develop commercial Income where we can retain control over the dlrection of our organisatlon and the associated costs. The Charlty Shop moved location5 and has gone from strength to strength, responding to demand and evolving with need. The purchase of 8 removal van gave the charity the opportunity to offer another service, not only to carers and staff, but also to the general public to collect donations on a grander scale. An online shop has also been established creatlnE another income with Ilttle cost attached. The partnership with HW Martin and the reuse Items transformed the income and quality of item5 for the shop and securlty of the collaboration contlnues for a further 3 years. The Dementia Day Centre continues to grow wlth a view to launching a second day next year. We currently have RMBC referring clients and prlvate referrals. We are operatlng on a full capacity on the one day at the moment which is promising for future growth and financlal security. These achievements are all in addition to the Increased need for care in Rotherham whlch we are well placed to deliver. We employed a new Flnanclal Controller to really focu5 on our finance procedures and processe5. The ability to dlssect each service's c05t centres and the Impact on the organisatlon Is Imperatlve to be able to respond qulckly and approprlately as a charity. Thi5 ha5 been a true Investment to refine our systems and ftnancial overslght not only from an operatlonal level but also a strategic one. other investment thls year has been In Al, the introdurtion of Ma8lc Notes has alded In our efforts to Streamllne workforce and assist them to work more efficlently. Although an Inltial upfront Cost the benefits and cost saving wlll be reaped throughout the year and wlll ensure we remain competitive and responslve. It has been a year of recognltlon for Crossroads Care Rotherham. We achleved the Excellence for Carers Award, ISO 9001, Kite Mark Plus, Wellbeln8 Charter and PAMMS rated Excellent and we contlnue to malntaln our 'outStandlng' rating for CQC. We have a strong foundatlon for growth In the comln8 years. It cannot go unnotlced the prlde we place on our qualSty and to be recognlsed externally a5 much is testament to the work that we do. We held a Charity Ball which was well attended. It ralsed us a slgnificant amount of funds and provided an occaslon for our carers to get Involved and make memories. /) Page 3
Ro erham Crossroads-carl For Carers Re ort ol the Trustees for the Year Ended 31 Ma 2025 STRATEGIC REPORT Fln4nclal revlew Flhanclal posltlon In the year under revlew, total in¢omlng resources were £2,255,37412024 £2,070,643) of which £898,12812024 - £806,008) was restricted Income. Total expendlture was £2,130,965 {2024- 1,992,304), of which £898,12812024- £806,008) Is restricted. The net effect Is a posltive movement in funds of £124,40912024 - £78,339) In the year wlth a c1051n8 fund balance of £1,085,692 {2024 £961,283). As at 31 March 2025, unrestricted funds {Includin8 de51gnated funds) totalled £1,085,692 and restricted funds totalled £nll. Princlpal fundlng Sourtes We contlnue to hold Servlce Level A8reements with the local authorlty Nelghbourhood and Adult Servlce5 and The Integrated Care Board South Yorkshire, National Lottery along with a number of private paying indivlduals. Reserves pollcy and BolnE concern The trustees, principal concern is to ensure thaL in the event that major contrarts are not renewed or replaced, the charltable company would have sufficient liquid reserves avallable to enable it to continue Services to our cllents whilst alternatlve providers are being sought. Reserves have been establlshed to cover these eventualitles. The Board aim to maintain a level of free reserves equating to six months runnin8 cosL with a minimum of three months. On 31 March 2025 unrestrltted funds stood at £826.784 and designated funds at £258,908. The trustees consider that there are no material uncertainties about the charltable company's ability to continue as a golnE concern. Plans for future periods To achieve 'l'he strategy set for next year will requlre a lot of detemination and hard work but If the organi5ation is to thrive and survive we have to plan ahead for the next 3-5 years and position ourselves where the funding will go. Strateglcally we would like to continue expanslon geographlcally and build reputation within the South Yorkshire footprlnt. Doncaster is engaging wlth us as a charity and recognising the added value we are able to offer, it is our ambltion to offer statutory funded servlces In the locality and in turn we will be able to offer all the added beneflts of working wlth Crossroads Care Rotherham. In keeplng wlth the geographlc expansion, we hope to admlnlster a name change from Crossroads Care Rotherham to Crossroads Care Charity for a dual rea50n. Prlmarily to reduce restrittion In the name of 8eo8raphy and secondly to reinforce the fact that we are in fact a Charlty. Servlce dlversification is another strand to the strategy for next year. We have always been focused on adult carers 18+ and for the flrst time since Inception we hope to launch a young carers service. It Is our intention to start small and build from ndatlons. I e can help a handful of young carers we will be pleased with the pro8re5s we will have made. Page 4
Roth8rham Cr055road5-Carin For Carers ort of the Trustees eyear Ended 31 arc fort 20 STRATEGIC REPORT Collabaratlon and Partnerships are Important everyyear and contlnue to be part of our strate8y movln8 forwards. We alm to bulld on and strengthen ex15tlng partnershlps and forge new business relationships who are able to loin In our vlslon to support carers. 8esldes the ambltlous elements of next year's vlslon, the absolute foundatlon of what we aspire for 15 to achSeve sustalnablllty. So many charltles are stru88llng to stay afloat due to fundlng cuts and Increaslng costs. Our focus Is to retain existin8 contracts, those that are due to expire will be retendered for at a rea115tlc costln8 Structure, fundralslng wlll tal(e a front seat and we wlll apply tlghter financlal controls In an effort to run efflclencles. The Board have agreed to an investment plan for the coming year, to include Investment In the bulldlng, IT and the shop. Investment wlll only be allocated sf sufficient surplus is generated to support it. Recrultlng in the Health and Soclal care sector remalns a challenge and will continue to be for the foreseeable. We stlll belleve Completely In recrultlng the right people not just anyone. We prlde ourselves on quality and passion for care and we will only recruit people who share these qualities. We will try to be inventive with recruitment method5 and referral Incentives to attract and retain the right individuals. The charity's commitment to the delivery of high quality seNices remalns paramount as Is the alm to malntaln all oxlstlng quallty marks. STRucfuRE, GOVERNANCE AND MANAGEMEfit Goveming document The Drganisation is a charitable company limited by guarantee, incorporated on 14 May 1997 and registered as a charlty on 5 June 1997.Tho company was establishod under a Memorandum of Association which established the objects and powers of the company and Is governed under its Articles of Assoclation as amended by special resolutlonl5I dated 15/0112003. as amended by certificate of incorporatlon on change of name dated 3110312003, a5 amended by special re501ution(sl dated IVOg12008, as amended by special resolutionlsl dated 2910912011, a5 amended by special resolution registered at Companie5 House on 2710312018 and as amended by Special resolution 1010112025. In the event of the company being wound up during the period of membership, or within Dne year afterwards. members are requlred to contribute an amount not exceedlng £10. Appolntment of Trustees The directors of the charltable company are also charlty trustees for the purpose of CharSty Law. Under the requirements of the Memorandum and Articles of A550ciation the members of the Board of Trustees are elected to see a term of offlce of the years after which they must offer themselves for re- election at the next Annual General Meetlng If they w15h to contlnue In offlce. The charltable company's work focuses on carers and people with care needs. The Board contlnually seeks to ensure that thelr needs are appropriately reflected throu8h the dNersity of the Board. To maintaln a broad sl(111s mix, members of the Board are requested to provlde a Ilst of thelr skllls, The record Is updated each year and, In the even of a partlcular sklll 8ap belng Identlfled, indSvlduals wlll be approached to offer themselves for electlon to the Board. Page 5
othe am Crossroad5-Carin For Carer5 Re rt of the Trustees forthe Year Ended 31 March 202S STRucfuRE, GOVERNANCE AND MA14AGEMENT Trustee Inductlon and Tralnlng All attending trustees re¢elve an explanatory letter of welcome from the chalrman and an inductlon pack whlch Includes Ilnks to the Charity Commlsslon webslte alon8 with the Charitable company's Memorandum and Article5 of Assoclation, latest flnanGlal statements and AGM report. Or88nlsatlon The company has a Board of Trustees who meet every 8 weeks and are responsible for the Strategic dlrectlon and pollcy of the charitable company. The day to day work of the charitable company Is organlsed by pald employees who co-ordinate the charitable company'5 artlvltles. Trusteas The trustee5 who served durlng the year and slnce the year end were as follows: E G Bennett S D Hall Iresigned 27110120251 M Hud50n D Llsgo J P Neal Ireslgned 27110120251 M J Spelght M S Doran (resigned 81512025 S J Kirl< Iresigned 914120251 Secretary M S Doran (reslgned 81512025) 5enlor ManagementTeam K Davi5 F Warner E Hopklnson C Stubb5 Chief Executive Officer Operatlons Offlcer Projett and Development Manager Commercial Mana8er Related partles and Cowoperatlon wlth other organlsatlons Rotherham Crossroads- Carlng for Carers is a network partner of Carers Trust the lar8est Carers ch as a partner, the charitable company works Wlthin a national framework of pollcles and procedures. tylnth Page 6
Rotherham Crossroads-carln For Carers Re ort of the Trustees for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Pay pollcy for senlor staff The board of directors, who are the charitable company's trustees, and the senior management team comprise the key management personnel of the charitable charity in charge of directing and controlling, running and operating the company on a day to day basi5. All directors give of their time freely and no director received remuneration in the year. Details of director, expenses and related party transartions are disclosed in notes 11 and 20 to the accounts. Senior team salaries are reviewed by the finance subgrouplremuneration committee and where appropriate may be benchmarked against similar role5 wSthin similar organisations within the not-for-profit Sector. Rlsk management The Board continlse to review the major risks to the charitable company and has a Risk Management Strategy which comprises: An annual review of the risks the charitable company may face. The establishment of systems and procedures to mitigate these risks as included in the risk register. The implementation of procedures for minimising any potential impact on the charitable company should any of the risks materiali5e. The procedures are reviewed annually to ensure they continue to meet the needs of the charitable company. REFERENCEAND ADMINISTRATIVE INFORMATION The principal office of Rotherham Crossroads Caring for Carers is Unit H, The Point. Bradmarsh, Rotherharn. 560 IBP. The company number is 3370678 and the charity registration number is 1062664. Details of the trustees that served during the year and the delegation of day to day management of the charity are provided under the heading'structure, governance and management, above. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Rotherham Crossroads-caring For Carers for the purpose5 of company lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to Select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charity SORP,. make judgements and estimates that are reasonable and prudent,. state whether applicable accountin8 Standards have been followed, subject to any material departures disclosed and explained in the financial statement5; prepare the financial statements on the 801 charitable company will continue in business. con rn basis le55 It is inappropriate to presume that the Page 7
Rotherham Cr055roads-Carin For Carers Re ort of the Trustees for the Year Ended 31 March 2025 STATEMENT OF TRUSTEES, RE5PONSIBILITIES- contlnued The trustees are responsible for keepin8 proper accountln8 records whlch disclose wlth reasonable accuracy at any time the financial position of the charltable company and to enable them to ensure that the flnanclal statements comply with the Companle5 Act 2006. They are also responslble for safeguardlng the assets of the charitable company and hence for taklnE reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. In so far as the trustees are aware: there Is no relevant audlt information of whlch the charitable company's auditors are unaware,, and the trustees have taken all steps that they ought te have taken to make themselves aware of any relevant audlt informatlon and to establlsh that the audltors are aware of that Informatlon. The trustees are responslble for the malntenance and Integrlty of the corporate and flnanclal Snformatlon Included on the charltable company's web5tte. Legislation in the United Kin8dom govemlng the preparatlon and dissemination Of flnanclal statements may differ from le8islation in other jurisdirtions. AUDITORS The audltors. SMH Group Audlt. wlll be proposed for re-appolntment at the forthcoming Annual General Meeting. Report of the trustees, incorporatin8 3 5trate8ic report, approved by order of the board of trustees, as the company director5, on . and signed on the board's behalf by: G Bennett - Trustee Page 8
Re ort of he Inde endent Auditor5 to e Members Rotherham Crossroads&rln For Carers Opinioft We have audited the flnancial statements of Rotherham Cr05sroads-Carine For Carers Ithe 'charitable company'l for the year ended 31 March 2025 which comprlse the Statement of Financlal Artlvities, the Balance Sheet, the Cash Flow Statement and note5 to the financlal statements. Including a summary of si8nificant accountlng pollcles. The flnancial reportlnE framework that has been applled In thelr preparation Is applicable law and Unlted Klngdom Accountlng Standards Iunlted Kingdom Generally Accepted Accountlng Practlcel. In our oplnlon the flnanclal statements: give a true and falr vlew of the state of the charitable company's affalrs as at 31 March 2025 and of Its incoming resources and appllcation of resources, Including Its Income and expenditure, for the year then ended; have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Accountlng Practlce,. and have been prepared In accordance wlth the requlrements of the Companies Act 2006, Basls for oplnion We conducted our audit In accordance wlth International Standards on Audltlng (UK) IISAs IU K)) and appllcable13w. Our responslblllties under those standards are further described in the Audltors, responslbllltle5 for the audlt of the flnancial Statements section of our report. We are independent of the charitable company In accordance wlth the ethlcal requlrements that are relevant to our audit of the financlal statement5 in the UK Includlng the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities In accordance wlth these requirement5. We belleve that the audlt evidence we have obtalned is sufficient and approprlate to provide a basis for our opinion. Concluslons rélatin8 to goln8 concern In auditing the f inancial statements, we have concluded that the trustees. use of the 80in8 concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not identified any material uncertaintie5 relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a golng concern for a period of at least twelve months from when the financlal statements are authorised for issue. Our responslbilities and the responsibilities of the trustees with respoct to going concern are described In the relevant section5 of thls report. Other information The trustees are responsible for the other information. The other information comprlses the informatlon included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financlal statements doe5 not cover the other Information and, except to the extent otherwise explicitly stated in our report, we do not express any form of a55urance concluslon thereon. In ¢onnectlon wlth our audlt of the ftnanclal statements, our responsibility is to read the other Informatlon and, in doln8 so, conslder whether the other informatlon is materially Inconsistent wlth the financlal statement5 or our knowledge obtained In the audlt or otherwise appears to be materfally ml55tated. If we identlfy such materlal inconslstencies or apparent material mls5tatements, we are required to determlne whether thls glves rise to materlal misstatement in the financial Statements themselvès. If, based on the work we have performed, we conclude that there is a material misstatement of thls other Informatlon, we are required to report that fact. We have nothing to report In thls regard. Oplnlons on other matters prescrlbed by thft Conwanles Act 2(#)6 In our opinion, based on the work undertaken In the course of the audlt: the Informatlon given in the Report of the Trustees for the financial yèar for whSch the flnancial prepared 15 conslstent with the financial statements; and the Report of the Trustees has been prepared in accordance with applicable legal requirement5. ents are Page 9
Re ortof the Inde ndont Audltors to embers of Rotherham Crossroads-carln For Carers Matters on whlch we are requlred to report by exception In th@ Ilght of the knowledge and understanding of the charitable company and Its environment obtalned in the course of the audlt, we have not Identlfied material m155tatements in the Report of the Trustees. W8 have nothing to report In respect of the followlng matters where the Companies Act 2006 requires us to report to you If, In our oplnlon,. adequate accountln8 record5 have not been kept or returns adequate for our audlt have not been recelved from branches not vlslted by us; or the flnancial statements are not in agreement wtth the accountlng records and returns,, or certaln dlsclosures of trustees, remuneration speclfled by law are not made; or we have not recelved all the Informatlon and explanatlons we require for our audlt. Responsibllltles of trustees A5 explalned more fully In the Statement of Trustees, Responslblllties, the trustees (who are a150 the dlrectors of the charltable company for the purposes of company lawl are responslble for the preparatlon of the financlal statements and for beln8 satlsfled that they give a true and falr vlew, and for such Internal control as the trustees determlne Is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for a55essing the charitable company's ablllt'y to continue as a golng concern, di5cIosing, a5 applicabie, matters related to golng concern and usSng 'lhe going concern basls of accountin8 unless the trustees either intend to liquldate the charitable company or to cease operation5, or have no realistic alternative but to do so. Our responsibilitles for the audlt of the ftnanclal rtatements Our ob5ectives are to obtain reasonable assurance about whether the financial Statements as a whole are free from materlal misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinlon. Reasonable assurance is a high level of assurance, but is not a guarantee that an audlt conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. MlsStatement5 can arise from fraud or error and are considered material If. Indlvidually or in the aggregate, they could reasonably be expected to inf luence t,he economic decisions of users taken on the basis of these flnancial statements. The extent to which our procedures are capable of detecting irregularities, including fraud Is detailed below.. Our assessment of the susceptibility to materlal mlsstatement, whether by fraud or error. Is made in a rlsk based approarh. In thi5 approach, laws and regulatlons applicable to the entlty, such as the Companie5 Act 2006, United Klngdom Generally Accepted Accounting Practlce Including Financial Reporting Standard 102, AccountlnE and Reportlng by Charlties: Statement of Recommended Practice applicable to charitles, the relevant tax compliance rogulations within the UK, employment law, and Health and Safety law Is considered. and the policies and controls the entlty has In place to comply with these laws are revlewed, by dlscusslon. revlews of correspondence and registratlon5 monltored by external bodies. The engagement team remalned alert to any Indicatlon5 Qf fraud or non-compliance wlth laws and re8ulatlons throughout the audlt. Pollcles and controls relating to the risk of material misstatement as a result of fraud are also consldered. These are assessed by obtainlng an understanding of the charlty's operatlons and control envlronment. The policles and controls have been reviewed by discusslon, review and sample testing of accountln8 entries, challenglng assumptions and judgements, revlewlhg and evaluatlng related partles transactlons, and wider background searches. TestlnB of Income recognltlon and fund accoUnng is also completed. We have ensured that the engagement team have appropriate levels of competence and experience to effectivelv monitor these rlsks and carry out work relevant to our assessment of each ri5K includln8 consideration of the industry the charity operates In and its size and complexlty. A further descrlptlon of our responslbllltie5 for the audit of the financlal statement5 is located on the Flnancial Reporting Council's website .frc.org.uklauditorsresponsibilitie5. This descrlptlon forms part of our Report of the Independent Auditors. Page 10
Re ort ofthe Inde ndent Audltors to the Members ol Rotherham Crossroads<arln For Carers Other matters whlch we are requlred to address The financl81 statements for the prlor perlod were audlted by the predecessor audltor. O'Brlen & Co Chartered Accountants. The prlor perlod audlt report was unqualified and dated 22 November 2024. Use of our report This rèport is made solely to the charltable company's member5, as a body, In accordance wlth Chapter 3 Df Part 16 of the Companles Act 2006. Our audlt work has been undertaken so that we ml8ht state to the ¢harltable company's members those matters we are required to 5tste to them In an audltor5' report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responslblllty to anyone other than the charitable ompany and the charltable company's members as a body, for our audlt work, for this report, cr for the oplnlons we have formed. James Sallm FCCA {Senior Statutory Auditor) for and on behalf of SMH Group Audlt Statutory Auditors 5 Westbrook Court Sharrow Val@ Road Sheffield South Yorkshlre 5118YZ Date.. 1711212025 Page 11
Ro am Crossroad54arin For Carers statement of Flnanclal Artlvltles oratln an Income and Ex dtture Accoun forthe Ye 31 March 2025 Inco 2025 Total funds 2024 Total funds Unrestricted fund Deslgnated Funds Restrlrted fvnds Notes INCOME AND EP4DOWMENTS FROM Donatlons and legacies 36,755 36,755 68,378 Charltable Actlvltl•s Charltable Actlvitles 1314,414 898,128 2,212,542 1,994,405 Investment Income 6,077 6,077 7,860 Total 1,357.246 898,128 2,255,374 2,070,643 EXPENDITURE ON Raising funds 6,Z114 7,750 Charltable actlvlties Charltable Activities 1,226,633 898.128 2,124,761 1,984,554 Total 1.232.837 898,128 2.130.965 1,992,304 NEf INCOME 124.409 124.409 78,339 RECONCILIATION OF FUNDS Total funds brought forward 702A7S 258.908 961,283 882,944 TOTAL FUNDS CARRIED FORWARD 826.784 258,908 1,085,692 961,283 CONTINUING OPERATIONS The statement of financlal actlvltles Includes all 8alns and losses recognised in the year. All income and expendlture derive frorn continuing aCtItIes. The statement of flnanclal artlv underthe Companles Act 2006. Iso co ie wlth the requlrements for an income and expendlture account The note5 form part of these financlal statements Page 12
Rotherham Crossroad5-Carin For Carer5 Balance Sheet 31 March 202 2025 2024 Notes FIXED ASSErs Tanglble a55ets 12 364,094 340,001 CURRENT ASSETS Debtors Cash at bank and in hand 13 132,042 866,680 157,205 669 122 998,722 826,327 CREDITORS Amounts falling due within one year 14 1277,124) (205,0451 NET CURRENT ASSErs 721,598 621,282 TOTAL ASSETS LESS CURRENT UABILMES 1,085,692 961,283 NET ASSETS 1,085,692 961,283 FUNDS Unrestricted funds Designated funds 17 826,784 258,908 702,375 258,908 TOTAL FUNDS 1,085,692 961,283 The financial statements were approved by the B02rd of Trustees and authorised for issue on . and were slgned on Its behalf by: E G Bennett- Trustee The notes form part of these financial statements Page 13
Rotherham Crossroadfrcarin Fo Carer5 Cash Flow Statement forthe Yea ed 31 March 2025 2025 2024 Notes Cash IIow5 from operatln8 artlvltles Cash generated from operatlons 246,355 87,697 Net cash provlded by operatlng activities 246,355 Cash flows from Investlng artlvltles Purchase of tangible flxed assets Interest Income (54,873) 6,077 {64,4221 7,860 Net cash used in investln8 actlvltles (48,796) {56,562 Change In cash and cash equivalents in the reportlng perlod Cash and cash equivalents at the beglnnlng of the reportlng perfod 197.559 31,135 669,121 637,987 Cash and cash equivalents at the end of the reporting perlod 866,680 669,122 The notes fom part of these financial statements Page 14
Rothetha Crossroads-carln For Carer5 Notes to the Cash Flow Statement for the Year Ended 31 M rch 20 RECONCILIATION OF NET INCOME TO NEf CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net Income ft*r the reportlng perlod las per the Statement of Flnanclal Actlvltles) Adju$tm¢nts for: Depreclatlon charges Interest Income Decrease in debtors Increasel{decreasel In credltors 124,409 78,339 30,780 16,077) 25,162 72.081 17,896 17,8601 15,632 16,310} Net cash provlded by operatlons 246,355 87,697 ANALYSIS OF CHANGES IN NEf FUNDS At 114124 Cash flow At 3113125 Net cash Cash at bank and in hand 669.12Z 197.558 866.680 669,12Z 197,558 866,680 Total 669,122 197,558 866,680 The notes form part of these financial statements Pa8e 15
Rotherham Crossroads-carln For Carevs Notes to the Flnanclal Statements for the Yèar End d 31 March 2025 ACCOUNTING POLICIES Basls of preparlng the financlal ststements The financlal statements of the charltable companyi whlchls a publlc benefit entity under FRS 102, have been prepared In accordance wlth the Charltles SORP {FRS 1021 'Accounting and Reporting by Charltle5,' Statement of Recommended Practice appllcable to charities preparin8 thelr accounts In accordance wlth the Financial Reportlng Standard appllcable In the UK and Republic of Ireland IFRS 1021 leffectlve l January 20191,, Financlal Reportin8 Standard 102 'The Flnanclal Reportlng Standard appllcable In the UK and Republic of Ireland, and the Companles Act 2006. The flnancial statements have been prepared under the historical cost conventlon. 6oln8 concern The trustees conslder that there are no materlal uncertalntles about the charltable company's ability to contlnue as a 8oln8 concern. The trustees do not conslder that there are any sources of estimatlon uncertainty at the reportlng date that have a significant risk of causin8 a material adjustment to the carrylng amount5 of assets and liabilitie5 Within the next reporting pe0d. Income reco8nltlon pollcles Items of income are recognlsed and included in the accounts when all of the following crlterla are met,, The charity has entitlement to the fijnds; any performance conditions attached to the item(s) of Income have been met or are fully within the control of the charity; there Is sufflclent certainty that recelpt of the inwme is considered probable.. and the amount can be measured reliably. Donated Services and F8¢ilities Donated services or facilities are recognlsed a5 income when the charity has control over the item, any conditions a550ciated with the donated item have been met, the receipt of the economic beneflt from the use by the charity of the item Is probable and that economic benefit can be measured reliably. On receipt, donated services and facllltles are recognlsed on the basis of the value of the gift to the charlty which is thp amount the charlty would have been willin8 to pay to obtain services or facllltles of equivalent economic benefit on the open market; a corresponding amount is then recognised In expenditure In the period of receipt. Interert Recelvable Interest on funds held on deposit is included when receivable and the amount can be measured rellably by the Lharity,. thls Is normally upon notification of the interest paid or payable by the Bank. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructlve obligation commSttln8 the charlty to th8t expendlture, it Is probable that a transfer of economic beneflt5 wlll be required in settlement and the amount of the obllgatlon can be measured reliably. Expenditure Is accounted for on an accruals bès15 and has been classified under headings that aggregate all cost related to the category, Where costs cannot be dlrectly attrlbuted to particular headings they have been allotated to activltles on a basis conslstent with the use of resources. Expendlture on charltable actlvltles Includes the costs of provldlng care workers who carry out the work of the charlty and their ?ssoclated support costs. Irrecoverable VAT is charged as a cost agalnst the activlty for whlch the expendlture was incurred. Grants offered subject to conditions whlch commltment but not accrued as expenditure. .Kot been met at the year end date are noted a5 a Page 16 continued...
Rotherham Crossroads-carin For Carers Notes to the Financlal Ststements - contlnued the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Allocatlon of support costs Support cost5 are those functlons that èsslst the work of the ¢harlty but do not dlrectly undertake charltable actlvltles. Support costs Include back offlce costs.flnance, personnel, payroll and governance costs whlch support the company's activities.The bases on whith support Costs have been allocated are set out In note 9, Tan8lbl• flxed assets Indlvidual flxed a55ets costing £1,000 or more are capitallsed at cost and are depreciated over thelr estimated useful e¢onomlc Ilves on a stralght Ilne basls as follows: Land Freehold Property Leasehold Improvements Offlce Equlpment Nll 2% Taxatlon The charlty Is exempt from corporatlon tax on its charltable activities. Fund accountlng Unrestricted funds can be used in accordance with the charltable objectlves at the discretion of the trustees. Deslgnated fund5 are unre5trlcted funds of the charlty whlch the trustees have decided at their d15cretlon to set aside to use for a specific purpose. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrlctlons arlse when speclflÉd by the donor or when funds aro rais for partlcular restrlcted purposes. Further explanatlon of the nature and purpose of each fund Is included In the notes to the flnanclal statements. Penslon costs and other port-retlrement benefits The charStable company operates a defined contribution penslon scheme. Contrlbutions payable to the chzritable company's penslon scheme are charged to the Statement of Flnancial Attlvities in the period to whlch they relate. Debtors Trade and other debtors are recognlsed at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepald after taking account of any trade dlscounts due, Cash at Bank and In Hand Cash at bank and cash in hand is in respect of bank balances. Credltors and Provlslons Creditors and provlslons are recognised where the charlty has a present obligatlon resultlng from a past event that will probably result in the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or estlmated reliably Creditors and provisions are normally recognlsed at thelr settlement amount after allowlng for any trade dlscounts due. Flnanclal Instruments The charfty only has flnanclal assets and financlal Ilabilltles of a klnd that quallfy as ba51c financSal Instruments. Basic financial instruments are initiall gnised at transaction value and 5ub5equently measured at their settl@ment value with the excepti loans w are subsequently measured at the carrylng value plus accrued interest le55 repayments. Page 17 continued...
Rotherham Crossroads-carl For Carérs Notes to the Flnanclal Statements- contlnued forthe Ye ded 31 March 2025 CRITICAL ACCOLINTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY In applying Its accountlng polScie5 the company dld not have to make any slgniflcant judgements or e5tlmates. DONATIONS ANO LEGACIES 2025 Total funds 2D24 Total funds Unrestricted funds Restrlcted funds Donatlons 36,755 36,755 68,378 For the prior year, restrlcted donations totalled £nll and unTe5trftted donatlons totalled £68,378. INVESTfvIENT INCOME 2025 Total fijnds 2024 Tot.al funds Unrestritted funds Restricted funds Interest Received 6,077 6,077 7,850 For the prior year, restricted interest totalled £nll and unrestrirted Interest totalled £7,860. INCOME FROM CHARITABLE AcfiviTIES 2025 2024 Fundralsing Dementia Dementia CCG Carers, Community Hub Carers Reslllente Rotherham CCG Rotherham MBC Rotherham MBC- CISS Welfare fees Carers Trust Soclal Prescrlbin8 Servlce Lottery Fundln8 Doncaster Project Day Centre Incorne Other Grants Sundry 11,935 186,600 255,657 93,576 272,630 98.464 44767 11,889 179,376 255,188 54,432 263.201 147.692 423,083 18,7.50 447,338 7,454 27,766 73,023 35,594 5,761 17,364 26,494 525,920 39,421 29,303 99,241 71,037 30,599 24,528 25,764 2.212,542 1,994,405 2025 2024 Analysls by fund: Unrestrlcted funds Re5trlcted fund5 1,314A14 898,128 1,188,397 806,008 2,212,542 1,99 Page 18 contlnued...
Rotherham Crossroadslarfn For Carers Notes to the Flnanclal Statements- contlnued for the Year Ended 31 h20 RAISING FUNDS Ralslng donatlons and le£acles 2025 Total funds 2024 Total funds Unrestritted funds Restricted funds Fundralsln8 Costs 6,204 6,204 7,750 CHARITABLE AcnviTIES COSTS Support costs (see note 81 Direct Costs Totals Staffin8 Care Workers Travel Project costs Training and Recrurtment Premlses Costs Offlce Costs Depreciation 1,537.763 63,312 165.299 2,791 28,769 103,407 1,641,170 63,312 165,299 2.791 35,961 185,448 30,780 7,192 96,599 6,156 24,624 1.911A07 213,354 2,124,761 2025 2024 Analysis by fund: Unrestricted funds Restricted funds 1,226,633 898,128 1,178,546 806,008 2.124,761 1,984,554 2025 Welfare Servlces 2025 Community Hub 2025 2024 Welfare SeNlces 2024 Communlty Hub 2024 Total Total Staffing Care Workers Travel Project Costs Tralnln8 & Recruitment Prernises Costs Office Costs Depreclatlon Support Costs Governance Costs 1,501.208 63,312 154,552 36,555 1,537,763 63,312 165,299 1,492,809 61,147 109,533 31,120 1,523,929 61,147 112,432 10,747 2,899 2,791 8,019 87,518 io,oii 205.604 7,750 2,791 28,769 88,849 24.624 205,604 7.750 1,757 20,657 80,845 10,660 139,773 7,500 1,757 42,854 80,845 14.317 139,773 20,750 1,331 14,613 22,197 3.657 2,040,765 83,996 2.124,761 1,924,681 59.873 1,984,55 Page 19 ontinued
Rotherham Crossro For Carer5 Notes to the Financial Statements- contlnued fortheyear Ended 31 March 2025 CHARITABLE AcfiviTIES COSTS- contlnued The charity's main artlvlty Is the provSslon of welfare servlces, In addition the charlty runs the 'Carers Communlty Hub conslsting of a charity shopi coffee shop and meetlng space for carers, SUPPORT COST5 Governance costs Management Totals Stafflng Premises Costs Offlce Costs Depreclatlon 103,407 7,192 88,849 6,156 103,407 7,192 96,599 6,156 7,750 205,604 7,750 213,354 Analysis of Governance and Support Costs- prevlous year Governance Costs Management Totals Staffing Premises Costs Office Costs Dèpreciation 87.083 10,713 38.398 3,579 87,083 10,713 45,898 3,579 7,500 139,773 7,500 147,273 The charitable company Inltlally Identlfies the costs of its support functions. It then identifies those cost5 whlch relate to the governance functlon. The tables above give the analysis of Support and governance costs. The basls for apportlonment is a5 follows: stafflng Premises Costs Offlce Costs Depre.clation Governance- auditors, remuneratlon Actual cost 20% of costs 50% of costs 20% of costs Actual costs Page 20 continued...
Rothe am Cr055road5-Carln For Carers Notes to the Flnan¢lal Statements- continued fort Year En ed 31 March 2025 ii. STAFF COSTS- ¢ontlnued DurlnE the year. there were 68 part-tlme staff {2024 - 73 part-time stafft and 20 full-tlme 5taff12024 21 fvll-time staff). The estlmate of the equlvalent number of full time staff Is 54 employee512024-57 employees). Key Management Personnel The key management personnel comprSse the trustees, The Chief Executlve officer, the Financlal Controller, the Operarlons Officer, the Finance Manager, the Project & Development Manager and the Commerclal Manager. The total emoluments of the key mana8ement personnel {salarles. employers natSonal insurance contrlbutlon5 and penslon c05ts1 durlng the year was £188,775 (2024 £184.522). This excludes trustees whose remuneratlon 15 dlsclosed In note 12. 12. TANGIBLE FIXED AS5Ers Improvements to property Fixtures and fittings Freehold property Motor vehicles Tota15 COST At l April 2024 Additions 360.937 2,000 64.422 18.321 IZ4,891 22,552 550.250 54,873 12,000 At 31 March 2025 361937 81743 147,443 12,000 605,123 DEPRECIATION At l Aprll 2024 Charge for year 99.943 6.010 3.657 12,856 106,649 10,114 210,249 30,780 1,8lXI At 31 March 2025 105,953 16,513 116.763 1,800 241,029 NFfBOOKVALUE At 31 March 2025 256,984 66,230 30.680 10,200 364,094 At 31 March 2024 260,994 60.765 18,242 340,ODI All flxed asset5 are used in dlrect furtherance of the charltsble company's objects, At 31 March 2025 the company had made no capltal ¢ommitments12024- £nlll. 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Bad Debt Provlslon Other debtors Prepayments and accrued Income 139.141 138.5081 3,500 27,909 184,209 132,9481 3,500 132.04Z 157, Page 22 contlnued.
Rotherham Crossroadsiarln For Carèrs Notes to the Flnanclal Statements- ¢ontlnued e Year Ended 31 M rc 2025 SUPPORT COSTS- contlnued Support costs, Included In the above, are as follows: Goveman¢e eosts 2025 Office Costs 2024 Total actlvltles Audltors. remuneratlon 7,750 7,500 NET INCOME/IEXPENDITURE) Net Incomellexpendlture) is stated after char8ing/{creditlng}: 2025 2024 Auditors, remuneratlon Depreciation- owned assets 7,750 30,779 7,50D 17,896 io. TRUSTEES, REMUNERATION AND BENEFffS There were no trustees. remuneration or other benefits for the year ended 31 March 2025 nor for the year end@d 31 March 2024. Trustees, expenses There were no trustees, expense5 paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. ii. STAFF COSTS 2025 2024 Wage5 and salaries Social security costs Other pension costs 1,494,590 101,033 4S,S47 1,490,412 91,253 29,347 1,641.170 1,611,012 The avera8e monthly number of employees durlng the year was as follows: 2025 24 64 2024 23 71 Support Care Support Workers 88 94 The number of employees whose employee benefits lexcludln8 employer penslon costs) exceeded £60,000 was.. 2025 2024 £60.001-£70,000 Page 21 nt
Ro Crossroads4arin For Carers Notes to the Flnanclal Statements - contlnued forthe Year Ended 31 Ma 25 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade credltors Soclal securlty and other taxes Wages Control Penslon Control Other creditors A¢cruals and deferred Income 25,761 45,899 108,616 10,972 4,001 81,875 2,921 42,086 109,B51 7,852 5,584 36,751 277,124 205,045 Deferred Income for the year totalled £75,12512024 - £24,367). This Income has been deferred because It relates to advance payments for goods/ser4ices not yet provided. 15. LEASING AGREEMENTS At 31 March 2025 the company had total commltments under operating leases totalllng £71,674 12024- £78,552). 16. ANALYSIS OF NET ASSETS BEfwEEN FUNDS 2025 Total funds 2024 Total funds Unrestricted fund DeSnated Funds Restricted fund5 Fixed assets Current assets Current liabllities 364,094 739.814 1277.124) 364,094 998,722 (277,1241 34D,QOI 826,327 1205,0451 25&908 826.784 258,908 1,085,692 961,283 Analys15 of net assets between funds- prevlous year Unrestrlcted funds Designated fund5 Restricted funds Total funds Flxed Asset5 Current assets Current liabllltles 340,001 567.419 1205.045) 340,001 826,327 1205,04 258,908 702,375 258,518 ,283 Page 23 continued...
Rotherham Crossroads-ca In For Notes to the Financial Statement$- contlnued for the Year Ended 31 March 2025 17. MOVEMENT IN FUNDS Net movement In funds At 3113125 At 114124 Unrostrl¢t•d funds General fund 701375 124,409 826.784 Deslgnated funds Liabilitles Fund Bullding Repair Fund Development Fund 220,000 15,576 23,33Z 220,000 15,576 23,332 258,908 258,908 TOTAL FUND5 961,283 124,409 1,085,692 Net movement in funds, Included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestilcted funds General fund 1,357,246 (1,232,837) 124,409 Restrirted funds Carer Support & Dementia Carer Reslllonce Carers Trust 5oclal Pre5ribing Service Lottery FundinB Dlgitising Social Care Fundlng Natlonwlde Colleague Grant 442,257 272,630 38,397 29,153 99,241 (442,2571 1272,6301 138,397) 129,153) 199,241) 16,450) (lo,(0} 10,OLXJ 898.128 1898.128) TOTAL FUNDS 2,155,374 12,130,965) 124, / 7/14. Page 24 continued...
therham Crossroads-cari For Carers Notes to the Flnanclal Statements - contlnued forthe Year Ended 31 Ma 2025 17. MOVEMENTIN FUNDS- contlnued Comparatlvès lor movement In funds Net movement n funds At 3113124 At 114123 Unrestrlcted lunds General fund 624,036 78,339 702,375 Designated funds Llabllltles Fund Bulldin8 Repalr Fund Development Fund 220,O¢XI 15,576 23,332 220,000 15,576 23,332 258,908 258.908 TOTAL FUNDS 882,944 78,339 961,283 Comparative net movement in fund5, included in the above are as follows: Incoming re50urce5 Resources expended Movement in fund5 Unrestrltted funds General fund 1,264,635 11,186,296 78,339 Restricted funds Carer Support & D@mentla Carer Reslllence Carers Trust Social Presrlbing Servl¢e Lottery Funding 434,564 263,201 7,454 27,766 73,023 1434,5641 1263,2011 17,4541 127,7661 73,0231 806,008 1806,0081 TOTAL FUNDS 2,070,643 11,992,304) ,33 Page 25 continu@d...
Rotherham Cr055roads-Carin For Carers Notes to the Flnanclal Statements- contlnued for the Year Ended 31 M h 2025 17. MOVEMEKf IN FUNDS - ¢ontlnued Purposes of De$lgnatsd Fundj Llablllties Fund To cover Ilabilltles whlch would occur if Local Authorlty l NHS contracts were to be substantially reduced. Bulldlng Repair Fund To cover repair and renewal cost5 ofthe company's freehold property, Development Fund Funds have been set asldo to cover the cost of any development issues whSch may be Identlfled by the Board of Trustees and the cost of development of servlces In the South Yorkshire area. Purposes of Restrlrted Funds Carersupport & Dementia The servlce alms to support people wlth dementia and thelr carers to remain living independently In their own home5 for as long as p055ible, reduclng the number of admissions to hospital and to prevent carer breakdown. Carer5 Resilience This project involves partnership worklng with Alzheimer Soclety and Age UK supporting Carers of people with Dementla by bulldlng their resilience through the provlslon of advice, enabling them to cr)ntinue caring. By doing so It aim5 to reduce GP visits and h05Pit81 admissions. Carers Trust As a network Partner of Carers Trust, Crossroads Care Rotherham are able to acce55 grdnt5 to support carers in tholr role of caring fDr a loved one. Five individual grants of up to £300 per month and group grants of £500 are avallable for the beneflt of carers In Rotherham and surroundin£ districts of South Yorkshire. Social Prescribing SeNlce Thls 5ervlce funded by Rotherham's CCG and managed by VAR provides a menu of support optlons for Carers of people wlth Long Term Condltions. Carers are referred through case mana&ement teams to sources of support In thelr community- The prolect alm5 to reduce the need for Inappropriate hospltal admi55ion by providing Carer5 Wlth skills, knowlédge and time to manage their own health and wellbelng. Lottery Funding The reachlng communities fund awarded from the Lottery supports our carers navlgatlon service. This servl¢e offer5 weekly carers group5 around the Rothetham Borough, therapies both in thÈ home and during the group sesslons, Information and advlce and processing of carers trust grants. Digitising Social Care Fundlng The fundin8 was to support the adoption of di8ltal systems for soclal care provlders. Nationwide Colleague Grant The grant was to supportthe establis cafe in the community of Rotherham. ent ity. Shop and Page 26 continued...
Rotherham Crossroads-carin For Carers Notes to the Rnanclal Statements- contlnued forthe Year Ended 31 March 2025 18. INDEMNrri INSURANCE Indemnlty Insurance cover at a cost of £63412024- £520) has been Incurred to protect the charltable company from loss arlslng from the neglect or defaults of its trustees, employees or agents. 19. RELATED PARTY DISCLOSURES There wer 2024. nor ated pa artlons for the year ended 31 March 2025 or for the year ended 31 March PaEe 27