Company registration numb¢r: 3366688 ChariLy regisiralion numbcr: 1064511 Crossroads in East Lancashire Limited (A company limil¢d by guarallt) Annual R¢port and Financiol Statements for the Year Ended 3l March 2024 Beever and Strutlkers Chart¢red Accoulltants One E4xpress l Gcorge Leigh Strcet m0CheSte M4 5DL
Crossroads in ast Laneashire Limited Contents Reference and Admitsistralive Dctails Trnslees, Report 2to4 Indcpcndent Bxamincr's Report Statemeot of Financi81 Activities Bal8nce Sheet Statement of Cash Flows Notes to the Financial Slutements 9t020
Crossroads in East Lancashire Limited Reference and Administrative Details Cbief Executivo Olter Mr John Rattigan Trugtc¢8 Dr P Russo Mr D Prest(Trn Mrs J List¢T Mr K Holt Mrs S Thompson Mr J Thompson Prfs K Morgan J064511 Chwrlty Regtstratlon Number Company Regi8ti'atioD Number 3366688 Regislorcd 01¢¢ Burnley Bu5ines5 Centrc Liverpool Road Bumley Lrtncashire BB12 6HH Indepettdenl Examlner Beever and Struihers Chartered AccounlAnts One Express l George Leigh Strl Manchester M4 5DL Page I
Crossroads in ast Lancashire Limited Trustees, Report Th¢ trustees, who ar¢ directors for th¢ purposes of compally law, pent the annual report together with the financial statements of the charitsblc company for the year ¢ndcd 31 March 2024. Objecdves find 8ctivllies Objects and aitt The object of the charity as per the Momorendum of Association os to reliev¢ the stre55¢s experienced by care and beneficiaries. The ar¢as of benefit Shall be Burnl¢y, Pendlc, Ross¢udalc, Blackburn and Darwen as agreed by the Board of Tnsslee8. The charity's principal activity is lo provide c8re for carw8 and the people they car¢ for, &s well as the Gore of inFTh and disabled peoplc in their hom¢ environment, in accordan wtth 4 ststed and aged care p18tt that meets thc needs of the carer, th¢ client and tb¢ fjjnding body. As always the objectiv¢ of the charity 1$ to expand the support network to carers by delivering more quality Gare hours than previously. Thc charity constantly strives to salisfy as many rcferrals froDi ils public body fimders as capacity allows whilst continually seekÉng to attract new funders and develop new services. Objecllvayi strntegleJ and oclivlil Ptsbllc benefi¢ The Trust¢e8 Annual Report plainS thc charity's work during the year and how it has bn carried out for the public bcnefit. The tt'ustees confinn th* we have paid due regard to the Charity Commission guidance on public benefit reporting in de¢idirtg what activitlC8 the charity should und¢rtake. The remainder of ihis AnDual Report explains the charity's work dwing the year And how it bccn Carri out for the publi¢ benefit FIDollelAI revlow Pollcy on re&¢r The policy on reserv¢s is that the ¢xisting assets are rclained lo produce incom¢ which is wholly utilised to support existing activities. Therc is no inlcntion in thc long terni to either inGr¢ase or reduce the capital SIlficUn1IY from curr¢nt leycls. This policy is justified in that it is n¢cessary to pr¢s¢rv¢ and increase inme 8t the present lev¢ls in order to maititain the activities of lh¢ ¢lwity. Going eonctrn After making &ppropriate enquiries. the ITUSte¢s have a reasonable expectation that the company has adequate resourccs to conlinu¢ in operational existencc for the forcseeable fvture. For this reason tbcy continue to adopt Ibe going concern basis in preparing the financial slatemellts. strueturo) governance and m#llagemeDt Jvaliire ofgovernlng dociimenl The c4)mpany is a registered charitable company lirnitcd by Eugrantce and was set up by a Metttotllndum of Associ&tion on 20 September 1997, whi¢h is the governing duMent of the clwity, Page 2
Crossroads in East Lancashire Limited Trustees, Report Recruilillent and appoinlNienl oflrmslees AII tNstee3 and directors arc re-elected annually at the Amiual Genernl Meeting of thc company. Cunent trustees puttÉng themselve5 for¥Ydrd for rc-election as well as prospective tnistces ate nominated either by commvnity org8nisations or individuals. The board uf tTh5tees rneet Jnonthly a thll b(TrArd. They disc£ the activili¢5 of the tharity in tenn8 of fllee, seiC¢ delivery and 8taffLng. Staff of the chartty have dclegated authority to Carry out day io day work WAthin policies agreed by the board. Financial standing Orde give necessary authori58tion of different amounts. Ill additioffj sp¢oific sub committe&s have been established io deal with fu1CC and fundraisin& pcrsoDnel. .¥ervice and policies, The oharity strives, by its actions and objIlVe¥ to develop and maintaiu positiv¢ relationships with those groups, thBriti¢s and individuals with whom Rt works Closely a5 well as airning to foster new relationships whenever opportunities aris¢. Organisollonal 3lriic¢iire Crossroads tn East Lancashire is governed by a local board of trustees who are volunteers. They bling with th¢m a range of skills and experienc¢ and arc responsible for the scrvice's overall operation. Jearl Lister: Chair David Preston.. Executiv¢ Chair Pamela Russo Sandra Thompson K¢rry Holt John Thomp50n Karen Morgan The b0d of trustees d¢leg8te the day to day nmning of the charity tr) tbe chief cxecutivc officer, ¢are manager and finance rnan&gK. John Rattigan: Chief F.xecutive Offic Sheila Woodall., Caro M8nageT Gilliun Pounder.. ca Co-ordinator "arzana Kauser: Senkor Carer Support Workcr Deborah Mwphy: Financc Manager AmAnda Pritchard: Adtninistrgtorl Payroll Page 3
Crossr(>ads in East lAncashire Limiltd rustets, Rtport 1jr A.sAJ' aiiil #ittilUEemeiit •fihusé ri.fA's -h¥ 111181¢L8 acliv¢l!' IL¥'ILii ihe iiiaj(Jr risKs IllL'L bi. Ihe ¢hariii' on u rKeiilar ba%1.4 li Is iliijf IK.IILI' Il)?¢ IiiuiThlainiiig rL%LfiL% kll ciiir¢iil l¥N'Lls combin¢d ii'iih wiiiual rL'i'lCii' ()I' Ihe Ll)nirol.% ¢lLr kL'I liniinLial si'tstom% iiill pri>vidL' %iiilliciC r¢s1)UrLL in ilic L%ini nfodi'erse i)pcriiliutwI L'¢irKliiinn%. 'I'lie Iru.%lLes Iiui"L ii1s0 eiaiFliiied ()thLf upLruiiunJl and ri%1. fUlL bs, IhL chaTll¥' Diid arL' s111islicd tliiii IhLI N!,.41LIM% In pliiLL' Lxin miliL)IIIL iIBiiifKJiii Tisk. lmltment of iru%l¢t4' respun%ihilliltS IrLi%l¥es Iiiho are Èilsv Ih¥' diicLI(If% ul"L [SSIu[S In East IAmLashirL Liiiiiied t.or I1 pilrtM)scs thl'Lonipaii!' laii'l Irs1)onsililL Ic)r i)r¢FMVlrt¥i Ihe iiu%lLL%' rcpnrl and IIIL linartiial >ILl11Cli1 in tsLLordunLi iyiih Jpplic4hlL' l&lii' lJ nilc'il kingdoiii ALL<?uniingi Sliindii rds Illniied kin!d(>iii CiinLfall!' hLceplLd ALLOLiniing l)raiiice), IIILltidin& kH,S 1112 'Th¢. Fin0111 Rev[lI)bl Sku11rd oppli¢ahliTr In Ihe IIK Iin¢J Repiiblic al. ITelJiid" (.'Dinpuni' luii. r¢quirL'% (IK) li) pri PiifL IiTwnLidl %ioi¢niciiis 1(1¥ ¥u¢h liniillcial i ¢ur bnder c(?illpJni' laii. Ili¢ Ii'u%li'L% iiiusl ii()l i1ppl0.L1 the liiitti)ciul slaiLllILI)Is unlc>s Ihi'i. are sllii4licd ih.ii IhLI' Pil'e 11 IILl¢ liiii i'ic.ii 1>1. Lhe stlL. ol. tsl'fdirs of th¢ chariiublL 1011)P4n¥' vl. IhL ilKOlt)Inbi fLM)ufLL lind fjpplicoii()i) ol. Tc4iiiifLeS. InLludin& ILS InLOlliV und L%pcndilurL'. thl. IhL' ¢harilable enmpun). ICK ihai pcri(xl, In PTLpuring Ihesv IiNiiiiiII %lÉileiilLI?i.s. Il)e Iri&iiieS are rL'qLiiied Ip ieleLI suillllilL IKinunliiiu poliLlC% oppli. Iheni L'nnsi%lLnili'. ph%Lfi'L IIIL mi.IhvLls and piiiK'iples In IhL Chii¢ilie8 qORP' i)iuL'L.judLILmei)18 Jnd c411mu(LN iknii EifL i¢£iiiinalil¢ uiid piudL'ni: %(iIIL iilikilK'r gppliL¢ihl¥ ULLOklrtiiiio ¢ilords. L<IIDpriyng I'l<% 111? IMI'L. bLL'li l(Illi)H¢d. S111e£.1 lo dl?) I))JIL?rial deparluri's di4LII)SL'd eNplaiii¢d IIIL Iii)anLi41 sliii¢intni%. uiyl prLI)&iri thk linaiiLi&I %luE¥lnLni% Iin Il)¥ bliii1'.g ci)nceni l)asi% {lL.N li Is Inapprnpriult li) prt%Lllhl' Ihni ilii ¢liarii4ble ci)IDpani ii'ill COlKinue In bu%iiiL%% I'l)I Ifii%lLie% ore re4pnnsible I'tsr k't¢piiiEt pri)PL'f UL'eoiiiiiino recoids Iliai Liiii JisL.II)SL i%'iih r¢li S()ikn11)l¢ ULILif'iL!' ill &llii' IiinL IIIL. liiioiiciol Ix>iiliiin ol. IhL Lhofilabl¢ coi7ipdrbi' und Lnuhli Ili¢in ith ensure Ilidl IhL' I'iniinLiul SlUlLfiiiiiL Lniiii)l!' ii'iih ilie Lnil)PiiniLS All 111116. '1'hL! Jf¢ also re5pon>il)l¢ i()r SiilL'uiiurdino Ihe dssel% ol. IhL* Lliiiiiliibli. Ll>lllP tjrii. iJn(I IIL'riLe loi. Ltskinrt rL'slX()niibli slLTrI)8 lor Ihe prc¥ciition on¢J Ji%lLL'iIDn i)I' i'raud und DihL'F irrLTriTiiliiiiliL%. 'I'lIL' Iiu%l¥L'% iifL' rL'spvnsibl¥ Inr the muinlanL¥ nThJ ini¢griii' nl. Ihe il)fpL)rtste and Iinai)ciol Inl()niiiili(In IiIL.IiiQL'd ilie chJfiiiiblL e01ri1)I s iieli%ilc. LLFisIAiion goi erriiisi ihL' l)fLpuf4iliiin di%%L'iniii:1111)ii (Il" Iiniuiciul iialLmLnls n)llip clilli'r from IL'g151olioii in nihcr.juri%dicii41nS 'I'hL unniitsl rLP(Irl ai)proved hi. Ihc ILLL.% ol'ihc charity. oft IX I)eLLIMbcr ?0?4 and 51gncd nn il.% bL'li41 I'bi.. Mr l) lJr¢sfnn i'usI¥TrL Pth4L. 4
Crossroads in East Lancashire Limited Independent Examlner's Report to the trustees of Crossroads in Eayt Lancashire Limited ('Ihe Company,) I report to the charity trustces on my examiDation of the accounts of the Company for tho year euded 31 March 2024, Responsibilities basis of report As the chority's trusle¢s of tbe Company (and also its directors for the purposes of cornpauy law) you are responsibl¢ for the preparation of the accounts in accordallce with the requirements of th¢ Compantes Act 2006 {'th¢ 2006 Act,). Hllving satisfied mys¢lf that the accounts of th¢ Company aro not required to be audited under Part 16 of the 2006 Act and are eligibl¢ for iodcpendenl examination. I report in respcci of rny examination of your Charity's a¢counls as carriLd out under section 145 of th¢ chariti Act 201 L ('Ihe 2011 Act.). In carrying out my examination I have followed the Dir¢Gtions given by the Charity Commission under scction 145(5)(b) of the 2011 Act. Indepeiident eIamlner s Jtfttement Sincc the Companls gr055 in¢orne exceeded £250,000 your ¢xaminer must be 8 m¢mb¢r of a body listcd in seclion 145 of the 201 l Act. l Gonfm that l am qualified to widertake the examinalion because l am a m¢mb¢r of ICAEW, which is one of the listed bodie I hay¢ completed my examination. I confirm ihal no matterJ hav¢ Come to my attention in connection with the exAmination giving me cae lo beli¢v¢: accounting rccords Thrre not k¢pt in respect of Cro&8road8 in East Lan¢a8hire Limited as required by s¢¢1ion 386 of th¢ 2006 A¢t' or 2. thc accounts do not aword with those rccoTd3' or 3. Ibe accounts do not comply with th¢ acci)unting requiremenis of seGIioD 396 of the 2006 Act other than any requiremenl thal Ihe accounls give a 'tTU¢ And fAir view whioh is not R Tnatter considered AS part of 8 independent exatnination, or 4. the accounts havc Dot been prepared in accordartce with the m¢thods 8nd principles of the Stat¢m¢nt of Recommended Practice for accounlin8 and reporting by charities [applicable lo charities preparing their a¢¢ounls in accordanc¢ with the Etinancial Reporting Standard applicablc in the LU( and Rcpubli¢ of Ir¢land (FRS 102)]. I have no concorns aud have comc a¢ro&s no other matters in connection with the cxamination to whlch ottention should be drawn in this rcpi)rt in order to eDabl¢ a proper understanding of the acC(nts to b¢ reached. Helen Binns FCA Beever and Struthers Chartered Accountants One Exprc5S l George Leigb Street Manohesl¢r M4 5DL 18 December 2024 Page 5
Crossroads ID East Lancashire Limited Statement of Financial Activities for the Year Ei nded 31 March 2024 (Including Income and Expenditure Accoullt and Statement of Total Recognised Gains and Losses) Unrcstricted funds Re5trict¢d fullds Tota] 2024 Total 2023 Note Income and ElldowmeDts frorn: Donations and legacies Charitable activities Inveslment incom¢ 620 485,09l 7,979 102,511 103,13 I 485,091 7.979 105,889 626,576 5,759 Total incornc 493,690 102,511 596,201 738,224 Expenditui'o On: Charitablc activities 630,745) 100,885 31,630 751,788 Total expenditurc NE¢ (¢xpendittweyincom¢ Nel rnovemenl in fiwd8 (630,745 {] CQ,885 (731,630 751,788 137 055 1,626 135 429 13,564 (137,055) 1,626 (135.429) (13,564) Reconclliatlon offuJJd8 Total fimds brought forward Total fidS ¢Jrried fonvard 243,176 11,222 254,398 267,962 20 106.121 12,848 118,969 254,398 All of th¢ ch15 tIVItieS derivc from conlinuing operations dwitig tbe above two periods. The fimds breakdo for 2023 is 8howii in nole 20. Th¢ not¢s on pages 9 to 20 form an integral part of tb¢s¢ fin8ncial 8takn¢nts. Page 6
Crossroad5 RD East Laneasbire Limited (Registration number: 3366688) Balance Sheet as at 31 March 2024 2024 2023 Nole Filed Hssets Tangible ass#ls 13 2,912 3,765 Curront assets Debtor5 Cash at bank and in hand 14 15 81,572 132,024 100,342 266,276 213,596 366,618 Credllorj: Am•ullts falling duo wltbiD year 16 93,882 91,535 N¢t ¢urreDt a8SQts 119,714 275,083 Tot81 $et8 ¢urr¢nt Ilabllities 122,626 3,657 278.848 Credltors: Amounts falling due after more one year 17 {24,450 Not a8sets 118,969 254,398 ri uuds of the ehArity: Restrlcted Ineome funds Restricted funds 12,848 11,222 UDreJlrlcted Ineome lund8 Unrestricted funds 106.121 243,176 Totxl fullds 20 118.969 254,398 For the fThaacial y¢ar ending 31 MArch 2024 the charity was entilled to exemption from alldit under section 477 of the Companiu Act 2006 relating lo small compani¢s. Directors, responsibiliti¢s: The members have not required th¢ charity to obfain on audit of ils accounts for the year in question in a¢¢ordance with section 476, and The directors acknowledge th¢ir responsibilities for complying with the requirements of the Act with reSpt to accounting records and the preparation of accounts. The financial stotemenls on p8ge5 6 to 20 werc approved by the bsteeS, and authoriscd foT issue on 18 Dec¢mber 2024 and signed on th¢ir behalf by: Mr D Preston Trustce The notes on pages 9 10 20 fonn aTh integral part of thcse financial statements. Page 7
Crossroads in East Lancasbire Limited Statement of Cash Flows for the Year Ellded 31 March 2024 2024 2023 Note Cash flows from operating gctfivltiej Net cash expcnditure Adjusttllonts to cash flows from llDn-cAsh item8 Depreciation Invegtment Income (135,429) (13,564) 853 7,979 (142,555) 1,117 (18.206) Worldng e8Pltl xdjuslmenls Decr¢&sel{increa5¢) in debtors InGre8sel(dccr¢8sc) in creditors Nel cash flows from opeTattng acttviti¢s Cash flows from Investing AetiYiles Intcre8t receivable and similar incA>me 14 16 18,770 2,347 (977) 53,451 (121,438) (72,634) 7,979 5,759 Cash nowj from fmaD¢lng acliviiles Rep&yment of loans and borrowings Nel decroase in cash and cash equivalonts 16 20,793 17.523 (134,252) 266,276 (84,398) 350,674 Cash and cash equivalonts al l April Ca511 and cash cquivalents ai 31 M8r¢h 132,024 266,276 All of th¢ cath flowJ are derived from conttnuing operations during thc above two periods. Th¢ notcs on pages 9 to 20 fonn 8n ititrgral part of these fuwicial stat¢ments. Pagc 8
Crossroads in East Lancashire Limited Notes to the FRn8ncial Statements for the Year Ended 31 March 2024 I Ch4rity slatus The clLarily is limited by guarantee, incorpordled in England and We3, and consequently does not have sh¢ capital, Each of the trustees is liable to wntribute an lltnount not ¢x¢eeding £1 towards the asscts of thc ¢harity in thc event of liquidation. The address of its registered offTce is: Burnlcy Business Centre Liverpool Road Bunilay Lancashir¢ BB12 6HH 2 Aecounling policies Summ&ry of JlgiiifieAnt accotIng polic1 and key aceounting t8tlm&tes The principal a¢counling policies applied in th¢ ppation of these financial statemenls are sel out below. Th&se policies have been consistently appli¢d to all the ycars pres¢nt¢d, unless oiherwis¢ stated. Statetnent of compli4nee The fmancial staternenls have been prepared in ac¢ordancc wilh Accounting And R¢porting by chIll¢S.. Stal¢ment of Recommended Piactice (applicable lo charities preparing ihcir accounts in Rccordance witli tbe Financiul Reporting Standard applicable in the UK and Republic of Ircland (FRS 102)) (issued in October 2019) (Charities SORP IFRS 102)), lh¢ Financial R¢portin8 SiandArd applioablc in the UK And Republic of Ireland (FRS 102) and thc Comp4Nes Act 2006. Basis tsf preparatloll Crossroads in Ellst L¢h1re Limited meets th¢ definition of A public benefit eniity under FRS 102. Assets 8nd liabilities ur¢ initially recognised at historical c05t or transaclion value w]less otherwise stated in thv relevant accounting policy notes. Going concern Th¢ twslees consider thal there are no materi41 uncertainties about the charitys ability to continue as a going concem nor sÈgnificant areas of uncertainty thAt affe¢t the carrying vglue of assets held by the charity. IDcome iud eDduwmeDts All income is r¢cogniscd once the charity bas entitkmerbl to the income, it is probablc that the income will be received and the amount of the incom¥ iEceivable can be measured reliably, DoAiitions and légfici Cash donations are recognised when the charity is legally entitled to it after any perfonnance conditions h&ve been meL the amounts can bc me&sured reliably> and it is probable that income will be recGiv¢d. Legacios &re recognised ork rcceipt or otherwise if the charity has been notified of an impending distribution, th¢ amourLt is known, &lld r¢ceipt Is expected. If the amount is not knowffj the legacy is trcated as a contingent asset. Page 9
Crossroads ID East Lancashire Limited Notes to the Finalleial Statements for tbe Yeai. Ended 31 March 2024 Grajils recervable Grants gre recognised when the diarity bas an ¢ntitlement to the funth and any c4)nditions linked to the grants have be¢n rnel. Wher¢ perforaNCe conditions are attached to the gvanl and are yel to be mel the iDc4)me is rccognised as a liability and included on the balance sheet &% defeed inrne to be released, Jnveshiieui Income Investment income is a¢¢ounted for when rcceivable. Exptnditurt All expenditure is rL'cognised once th¢r¢ is a leg81 or constructive oblig&tion to that expendilure, it i8 probable settlement is required and thc amount C8n be rneasur¢d reliably. All o05ts arc allocated lo the applichble expcnditure heading that aggrcgale similar costs to that clllegory. Vlhere c05tS Cannot b¢ directly attributed to paili¢ulor headÈn88 they have been allocated on a basis consistent with the use of rcsources. with central staff costs allocated on thc bgsis of time spent, and deprcciation clwgcs allocated on the portion of the assct's us¢. Other support costs Are Rlloc4led based on the spread of staff costs. Cliarflable rtclivliles Charitable expenditure comprises tbage costs incurred by Ihe chlty in the delivery of its activities ond services for its boneficiaries. 11 includes both co51s that can be allocated dir¢ctly to such activiti¢3 8nd th0 costs of an indirect natur¢ necessary to support them. Governance costs These inalude the costs attributable to th¢ Charity's compliance with constitutional and 5taWtory requTrements, including audit, gtrAtegic management 8nd trustees n)eetings And reimbursed expenses. Taxatio The charity is considcrcd lo pass the lesls set oul in Paragraph I S¥hedul¢ 6 of ihe Finanoe Act 2010 and therefore it meets the defmilion of a charitable cornpany for UK corporation tax purposes. Accordingly, th¢ Lharity 18 Potentially ¢xempt from taxation in respect of income or capital gains received within categories covered by Chaptor 3 Part I l of the Coryoration Tax Act 2010 or Section 256 01 the TtIon of Ch8rgeabl¢ Gains Act 1992, to th¢ ¢xlent that such inwme or 8ains are applied ¢x¢lusively to charilablc purposes. Tinglble fixed 88sets Individual fixed assets initi811y rccorded at cost, less any siibscqu¢nt accuJnul&ted deprlation and subsequent auMulated imp8irment losses. D¥preciation and amortisitio Depreciation is provided on tangible fixed awts so as to writc off the c05t or Yaluation, less &Dy estimated residual Yalue, over their cxpected eFul economic life follows: Aysct class Office equipment Depreelatloll method and rAte 25 /0 reducing balance Cagh and equivaleDts Cash and cash equivalcllts comprise e&sh on hand and Gall deposits. 8nd other short-tcrni highly liquid investmcnls that arc rcadily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Page 10
Crossroads in East Lancashire Limited Notes to the Financial Statemellts for the Year Ended 31 Marcb 2024 Trade credAtor Trade crcdilors arc obligations lo pay for goods or services tILat have been acquired in the orditiary COUT5¢ of busin¢ss from suppliers. Accounts payable arc classified as current li&bilities if the charity does not have an unconditional rigEIt. at the end of the reporting pcriod, to d¢fer settlem¢nt of the creditor for at l¢ast twelv¢ months after the reporting dale. If there is an unconditional right to defer scttlement foi at lea3t twelve months after the reporlillg date, they arc presentcd as non-currenl liabilities. Trade creditors are r¢cognised initially at the tran88ction pric¢ and subsequently measured at amortised cost using tb¢ effectiv¢ intee method. Bori'owiDgs Inlere5t-beariDg borrowings are initially r¢corded at fair value, ncl of transaction costs. Intercst-bearing borrowings 8re subscquently carried at amortt3¢d cost, with the differeDCC betwe¢n the procc¢ds, net of tran5act(on costs, und thc amount duc on rcdcmption bciiig recognised as a charge to the Statcment of Fin8ncial Activilics over the period of Ikle relevant borrowing. Interest expense 15 Ognised on the basis of the effectiv¢ intettst method and is included in interest payable and simi18r charg¢s, Borrowings are classified as current liabilities unless the thartty has an unconditional right to defer settlement of the liability for at least twelve montlis after the r¢porting date. Fund ikn-ueture Unrestricted inMme funds are general fimds thet 8Jc available for e at th¢ trustees discretion in fillthei'ance of the objectives of the charity. Restricted inwme fimds Hre those donated for se in a parlicular 8re8 or for specific putP03es, the u5¢ of which is restricted ¢0 that area or putpose. PeD8ions and otber post retir¢ment oblig8tioDJ The charity oper4tes a dcfmed contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fid 8nd the charity has no legal or constructive obli8alion to i)ay fiher contributions ev¢n if the fund does not hold suificienl assets to pay all employees the benefits relating to employ¢0 service in the currcnl aad prior p¢riods. Contributions to defllL¢d colltrlbution pl1$ are rccognised in the Statcment of Financial Aeliviti¢s when thcy are due. If conlribution payments exceed the contribution due for service, the exc% is recogDiscd a pIepayment. Pagell
cr0r02dS in East Lancashire Limited Notes to the Financial Statements for the Year Ended 31 March 2024 Fiii#neial instruments Clq,YNif(cation The charity has finBncial a&sets and fman¢ial liabilities of a kiEuI that qualify a5 basic financial jj)Stnonts. Basic fthancia] instrLrnenls arc initially recognised at trAns&clion value and subsequently nieasured at tbeir seiileillent value. Trade and other debtors are recogDiscd at the settlement aniount due aftcr any trade discA)wit offered. Prepayments are valu¢d at the amount prepaid net of any trade discounls due. Cash at bank &ftd cash in hand includes cash and short lenn highly liquid invesknents wlth short ¥ll8lurity or thre¢ months or l¢ss from the d4te of acquisition or opening of the deposlt or syrnilar account. Creditors and provisions are recolSed where the charity ha3 a presenl obligation resulting from a past ev¢nt that will probably result in the transfer of fimds to & third pArty and the atnount due to settle th¢ obligation can be mwured or estimated reliably. Creditors and provision5 Mre nornially recognised at their settlcment amount after Allowing for any trad¢ di5wunts due. 3 Jncornc from donatlons and legAcl Unreslrieted funds GeuerAI R¢$trlcted fulldg TotAI 2024 Total 2023 Donations and legRCiCS; Donations from individuals GrlIs, incliiding capil81 grants. Grants from oiher charities 620 620 3,E81 102.511 102,511 103 131 102708 620 102,51 I 105,889 Pag¢ 12
CrossroadN in East Lancashire Limited Notes to the Financial Statements for the Year Ended 31 Marcb 2024 4 Incorne from charltable aetiYiti¢4 Unrestricted fullds Cencrl Totlll 2024 Totsl 2023 Contra¢tual Income Direct paym¢nts 257,895 227,196 485,091 257,895 227.196 400,614 225,962 626,576 485,091 5 Investment Incom¢ UNrutricted runds Gellergl Total 2024 2023 Interest relYble and similar incolne. Int¢rest receivable on bank deposits 7,979 7.979 5,759 6 fi xpendlture on cbArltablo ctlvltl Unre8lricted fun GeDer81 Rejtrlcted Cundi Total 2024 TotAI 2023 Note Insurance Repairs and Tenewals Rent and 5¢rvice charges T¢lephone Training ond recruitment Printing* Postage and slation¢ry Computer costs D¢precihtioD. amorfisation and other Similar costs Staff costs Utilities and sundry 08ts Travel and subsistence Bai& chargcs Sub5criplions 4,136 132 4.136 132 3,949 339 11,329 4,084 IlJ29 4,084 9,360 2,982 2?64 2,364 2,140 5.023 14295 5,023 14,295 5,454 10.968 854 545,142 854 646,027 1,117 663,272 100,88S 5,630 5,630 6,241 24,275 4,190 219 24.275 4,190 219 28,887 5,156 3,824 Page 13
Crossroads in East Lancashire Limited Notes to the Fknancial Statements for the YeAr Ended 31 March 2024 Unrntrlct¢d lunds Genernl Reytricted funds Total 2024 Total 2023 Note GovNI)ance oosts 9,072 9.072 8,099 751,788 630,745 100,885 731.630 2024 In addition to the expenditure analysed above, ther¢ are also governance costs of £9,072 (2023 - £8,099) which i¢lale directly to chariL8ble activities. See note 7 foT fEller dclails. 7 Analysts of governance and 8llPPOrt costs Govern&ll¢e eosts Unrestiic¢ed unds General TotAI 2024 TotAI 2023 tndepend¢nt examiner fees Exominfttion of thc financial 8tatemcnts Other fe¢s paid to exaniiners Legal fees 2,300 4,164 2,608 2,300 4.164 2,608 2,300 4,879 920 9,072 9,072 8,099 8 Not illeomliigloutgolng resources Net outgoing resources for the ar include: 2024 2023 Depr¢ci&tion of fixed as5ds 854 1,117 9 Ti'ustees remuL¢i'AtjOD and exponses No tTuslees, ni)r any person5 connected with them, have received any remuneration from the charlty during the year. No trnStee5 have r¢Geived any reimbursed expenses or ony other benefits from the charity during the y¢8r. Page 14
Crossroads in East Lalleashire Limited Notes to tbe Finallcial Statements for the Year Ended 31 March 2024 10 Staff costs The aggregate payroll costs were as follows: 21124 2023 Stoff eoyts dllring tbe year were: Wages artd salaries So¢i&l s¢curity costs Pension costs 595,339 40.646 10.042 620,888 34,169 8,215 663,272 646.027 Thc monthly averagc numbcr of pcrsons (including Senior man3gcment I leadership tcam) empjoyed by Ihc charity during the year eXprSed as full litne equivalents wa5 as follows: 2023 No 2024 Employees 36 38 No employee received emoluTn¢nts ofmore than £60,000 during the year. The total employee b¢nefits of the key mgnagement p¢rsonllcl of the charity werc £113,312 (2023 - £105.157). 11 IDd¢pendont eiAminer's remuncrAlion 2024 2023 Bxamin8tion of thc firtancial stAtemts 2.300 2.300 Other fces to exfimlners All other y¢rvice5 4,164 4,879 Page 15
Crossroads in East Lancashire Limited Notes to the Financial Statements for the Year Ellded 31 March 2024 12 Taxalio The charity is considered to P&8$ the tests set out in Paragraph I Schedul¢ 6 of the Finance ACL 2010 and thereforn it me¢ts the defitiition of a charitable company for UK corporation tax purposes. Accordin8ly, thc tharity is potentially exempt from taxation in respect of illcoe or capital gains received withtn categories covered by Chapter 3 Part I l of the COOrali0n Tax Acl 2010 or Section 256 of the Taxation of Chargeable G&in8 A¢t 1992, to the extent that such incomc or gatns are applicd ¢x¢lusively to charitable pury)0ses, 13 Tangible Ilxed asset8 Ole equlpment TotAI At l Api'il 2023 139.583 139.583 At 31 March 2024 139.583 139,583 Depreciatlon At l April 2023 Charge for thc ycar 135,818 853 135,818 853 At 31 March 2024 136,671 136,671 Net bookvalue At 31 March 2024 2,912 2,912 At 31 March 2023 3,765 3,765 14 Debtors 2024 2023 Trade debtors PrcpaymL'Th15 Other d¢blor8 21,660 4,644 55,268 81.572 32,954 4,308 63,080 l On,142 15 CAsh And cosb equivaleut 2024 2023 C&4h at bank 132.024 266,276 Page 16
Crossroads ill East Lancashire Limlted Notes to the Financial Statements for the Year Ellded 31 March 2024 16 Credfitor8: amouuts fallillg due wlthlD ODe year 2024 2023 Bank loans Trade creditors Other taxation and social security Othcr creditors Accrua]s 20,664 1,485 8.226 3,891 59,616 20,664 7,458 4,121 59,292 93,882 91,535 17 Credltorx: amounts fAlling due after One year 2024 2023 Bank loans 3,657 24,450 18 Obllg¥4tloDs under l¢aseJ And hire purcba8e tolltraetB Opcratlng leaje commltmellts Total fuMre mtnimum leas¢ p8yments under non-cancellabl¢ op¢r&ting lea are as follows: 2024 2023 Other Within one year Between one and fiv¢ years 10,512 12,264 10,512 22,776 22,776 33,288 19 Commltmellts PenslDn eommitments Thc company operate5 a defined contributions pension SGhem¢. The assets of the scheme held sepeartvly Irom those of the company in an independently admini5tcred fimd. The pension cost charge represents contributions payable by the company to the fund and amounted to £10,042 (2023 £8215). Contributions lolalling £1,085 (2023 - £632) were payable to the at the Balance Sheet date. Page 17
Crossroads An li ast Lan¢ashire Limited Notes to the Financial Statements for the Year Ended 31 March 2024 20 Funds BAlaDee at I April 2023 Incoming esources Rwource8 expeDdcd BalADce at 31 March 2024 Unrestrict¢d lknndA Qeneral 243,176 493,690 (630,745) 100,885) 106,121 12,848 R¢$trleled funds 11.222 102,511 Total funds 254J98 596,201 731,630 118,969 Balance Al I April 2022 IDcoriiiii¥ rejourees Re8ource8 xpellded BalAnce At 31 MAI'ch 2023 Unrestrictod fullds General 258,820 635,762 102.462 (651,406) 100,382 243,176 11,222 Restrlcted funds 9,142 TotAI fundi 267,962 738.224 751,788 254,398 The 4)ecific PUTP05es for which thc fidS aTe to b¢ applied are as follows: A Paulaskas Memorial Fund - this 15 for the purpose of emcrgcncy carc to ¢xTsiting families, deemed to be a worthy cause and authorised by the Board of Trustees. The fimd is only to be used Af funding Gatthol be found clsewh¢r¢. At the year end, a b8lance of £9,214 has been corricd forward. CCG A Proper Break - thls grAnt provides 8 two hour weekly brcak for carers, allowing them the freedom lo do sotneihing for thems¢lYes. At the y¢ar end. a balance of £3.634 has been carried fOnrd. 21 AnAIy8is olnet Ajjets bettveen funds Unrestrlcted ruDds Gelleral Total funds at 31 March 2024 T8ngiblc fixed asscts Current 8ssets Current liabilities Crcdilors over l y 2,912 213,596 (89,991) 3,657 2,912 213.596 (89,991) 3,657 Total nel assets 122.860 122,860 Page18
Crossroads in El ast Lancashire Limitsd Notes to the Financial Statements for the Year Ended 31 March 2024 Unrestricted funds GeDoral Total funds at 31 March 2023 Tangible fLxed assets Current ass'ets Cuttent liabilities 3,765 366,618 111,864 258,519 3,765 366,618 111,864 Total net assets 258,519 22 ADatyJis of not fllnds Al l Aprll 2023 At 31 March 2024 Cash at bank and in hand 266,276 266,276 266 276 Net debt 266,276 At l Aprll 2022 At 31 Mgrch 2023 C8sb at batdt and in hand Debt due within one ycar Debt due after morc than one year 350,674 (20,664) 41,973) 350,674 (20,664) 41,973 288,037 Nel d¢bt 288,037 23 Related party traDSwction There were no related party Ir8nsactions in the yeor. Page l9
Crossroad8 in East Lancasbire Limited Notes to the FAnanciat Statements for the YeAr Ended 31 March 2024 24 Comp4rgtlve Slalemenl of Fiu4nel41 Activitics Uorestricted runds Rejtricted fund8 Total 2023 Note Income EndoTYments from: Donations and legacies Charitsble activities Investment income 3,427 626,576 5,759 102,462 105,889 626,576 5,759 Total income 635,762 102.462 738,224 Eipellditure on.. Charitable activities 651,40 100,382) 751,788 Totsl expcndithrc 651,406 100,382 751,788 Nel (¢xp¢nditur¢yineome Nel movement in fjjnds (15,644 2,080 13,564 (15,644) 2,080 (13,564) Rcconclllatlon offundB Total funds brought fonvard 258.820 9,142 267 962 Total fjJnd8 CWTied forwatd 243,176 11,222 254,398 Page 20