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← Crossroads In East Lancashire Limited

2025-03-31-accounts

Company registration number: 3366688 Charity registration number: 1064511]

Crossroads in East Lancashire Limited

(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025

Beever and Struthers Chartered Accountants One Express | George Leigh Street Manchester M4 SDL

Crossroads in East Lancashire Limited

Contents

Reference and Administrative Details I
Trustees’ Report 2to4
Independent Examiner's Report 5
Statement ofFinancial Activities 6
Balance Sheet . 7
NotestotheFinancialStatements Sto18

Crossroads in East Lancashire Limited

Reference and Administrative Details

Chief Executive Officer Mr John Rattigan Trustees Dr P Russo Mr D Preston Mrs J Lister Mr K Holt Mrs S Thompson MrJ Thompson Ms K Morgan , Charity Registration Number 1064511

Company Registration Number 3366688

Registered Office Burnley Business Centre Liverpool Road Burnley Lancashire BB12 6HH

Independent Examiner Beever and Struthers Chartered Accountants One Express | George Leigh Street Manchester M4 5DL

Page |

Crossroads in East Lancashire Limited

Trustees’ Report

The trustees. who are directors for the purposes of company law. present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025.

Objectives and activities

Objects and aims

The object of the charity as per the Momorandum of Association os to relieve the stresses experienced by carers and beneficiaries.

The areas of benefit shall be Burnley, Pendle. Rossendale, Blackburn and Darwen as agreed by the Board of Trustees. ,

The charity's principal activity is to provide care for carers and the people they care for. as well as the care of infirm and disabled people in their home environment. in accordance with a stated and agreed care plan that meets the needs of[the][carer,][the][client][and][the][funding][body.]

As always the objective of the charity is to expand the support network to carers by delivering more quality care hours than previously. The charity constantly strives to satisfy as many referrals from its public body funders as capacity allows whilst continually seeking to attract new funders and develop new services.

Objectives, strategies and activities

Public benefit

The Trustees Annual Report explains the charity's work during the year and how it has been carried out for the public benefit.

The trustees confirm that we have paid due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake. The remainder of this Annual Report explains the charitv’s work during the year and how it has been carried out for the public benefit

Financial review

Policy on reserves

The policy on reserves is that the existing assets are retained to produce income which is wholly utilised to support existing activities. There is no intention in the long term to either increase or reduce the capital significantly from current levels. This policy is justified in that it is necessary to preserve and increase income at the present levels in order to maintain the activities of the charity.

Going concern

After making appropriate enquiries. the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Structure, governance and management

Nature ofgoverning document

The company is a registered charitable company limited by guarantee and was set up by a Memorandum of Association on 20 September 1997, which is the governing document of the charity.

Page 2

Crossroads in East Lancashire Limited

Trustees' Report

Recruitment and appointment of[trustees]

All trustees and directors are re-elected annually at the Annual General Meeting of the company. Current trustees putting themselves forward for re-election as well as prospective trustees are nominated either by community organisations or individuals.

The board of trustees meet monthly as a full board. They discuss the activities of the charity in terms of finance. service delivery and staffing. Staff of the charity have delegated authority to carry out day to day work within policies agreed by the board. Financial standing orders give necessary authorisation of different amounts. In addition, specific sub committees have been established to deal with finance and fundraising, personnel, service and policies.

The charity strives. by its actions and objectives, to develop and maintain positive relationships with those groups, charities and individuals with whom it works closely as weil as aiming to foster new relationships whenever opportunities arise.

Organisational structure

Crossroads In East Lancashire is governed by a local board of trustees who are volunteers. They bring with them a range of skills and experience and are responsible for the service’s overall operation.

Jean Lister: Chair David Preston: Executive Chair Pamela Russo Sandra Thompson Kerry Holt John Thompson Karen Morgan

The board of trustees delegate the day to day running of the charity to the chief executive officer. care manager and finance manager.

John Rattigan: Chief Executive Officer

Sheila Woodall: Care Manager Gillian Pounder: Care Co-ordinator Farzana Kauser: Senior Carer Support Worker Deborah Murphy: Finance Manager Amanda Pritchard: Administrator’ Payroll

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Crossroads in East Lancashire Limited

Trustees’ Report

Major risks and management ofthose risks

The trustees actively review the major risks faced by the charity on a regular basis. It is their belief that maintaining reserves at current levels combined with an annual review of the controls over key financial systems will provide suffficient resources in the event of adverse operational conditions.

The trustees have also examined other operational and business risk faced by the charity and are satisfied that they systems in place can mitigate significant risks.

Statement of trustees' responsibilities The trustees (who are also the directors of Crossroads in East Lancashire Limited for the purposes of company law) are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland”. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: * select suitable accounting policies and apply them consistently;

The annual repert was approved by the trustees of the charity on J.US...<042 and signed on its behalf by: Mr D Preston Trustee.

Page 4

Crossroads in East Lancashire Limited

Independent Examiner's Report to the trustees of Crossroads in East Lancashire Limited (‘the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 Cthe 2011 Act’). In carrying out my examination [| have followed the Directions given by the Charity Commission under section !45(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that | am qualified to undertake the examination because | am a member of ICAEW, which is one of[the][listed][bodies.]

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

T have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Helen Binns FCA Beever and Struthers Chartered Accountants

One Express | George Leigh Street Manchester M4 SDL

Dates.

ee

Page 5

Crossroads in East Lancashire Limited

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Unrestricted Restricted Total Total
funds funds 2025 2024
Note £ £ £ £
Income and Endowments from:
Donations and grants 3 8.100 104.116 112.216 103.131
Charitable activities 4 518.859 - 518.859 485,091
Investment income 5 2.415 - 2.415 7,979
Total income $29,374 104.116 633,490 596,201
Expenditure on:
Charitable activities 6 (552.634) (104.116) (656.750) (731.630)
Total expenditure (352.634) (104.116) (656.750) (731.630)
Net expenditure (23,260) - (23,260) (135.429)
Net movement in funds (23.260) - (23.260) (134.429)
Reconciliation offunds
Total funds brought forward 106.121 12.848 118.969 254.398
Totalfundscarriedforward 20 82,861 12.848 93,709 118.969

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 20.

The notes on pages 8 to 18 form an integral part of these financial statements. Page 6

Crossroads in East Lancashire Limited

(Registration number: 3366688) Balance Sheet as at 31 March 2025

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2024| |Note|£|£| |Fixed|assets| |Tangible|assets|13|2,258|2,912| |Current|assets| |Debtors|14|85,268|81,572| |Cash|at bank and|in hand|15|49,478|132,024| |134,746|213,596| |Creditors:|Amounts|falling due within one year|16|(41,295)|(93,882)| |Net current assets|93,451|119,714| |Total|assets|less current|liabilities|95,709|122,626| |Creditors:|Amounts|falling due|after more than one year|17|-|(3,657)| |Net assets|95,709|118,969| |Funds|of the|charity:| |Restricted|income|funds| |Restricted|funds|12,848|12,848| |Unrestricted|income|funds| |Unrestricted|funds|82,861|106,121| |Total funds|20|95,709|118,969|

----- End of picture text -----

For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The financial statements on pages 6 to 18 were approved by the trustees, and authorised for issue on lA jiel2¢2cand signed on their behalf by:

Mr D Preston Trustee

The notes on pages 8 to 18 form an integral part of these financial statements. Page 7

Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

{ Charity status The charity is limited by guarantee. incorporated in England and Wales. and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of[liquidation.]

The address of its registered office ts: Burnley Business Centre Liverpool Road Burley Lancashire ‘ BB1!2 6HH

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below, These policies have been consistently applied to all the years presented. unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Crossroads in East Lancashire Limited meets the definition ofa public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin | published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

All income is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of the income receivable can be measured reliably.

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Donations and legacies

Cash donations are 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.

Legacies are recognised on receipt or otherwise 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 contingent asset.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met. the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Investment income is accounted for when receivable.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements. including audit. strategic management and trustees meetings and reimbursed expenses.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred. it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph | Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes.

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Tangible fixed assets

Individual fixed assets are initially recorded at cost. less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value, over their expected useful economic life as follows:

Asset class Office equipment

Depreciation method and rate 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value. net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost. with the difference between the proceeds, net of transaction costs. and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes. the use of which is restricted to that area or purpose.

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment,

Financial instruments

Classification

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and cash in hand includes cash and short term highly liquid investments with short maturity of three months or less from the date of acquisition or opening ofthe deposit or similar account.

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount atter allowing for any trade discounts due.

3 Income from donations and legacies

Unrestricted
funds
General		 Restricted
funds		 Total
2025		 Total
2024
£ £ £ £
Donations and legacies:
Donations from individuals 8.100 2 8.100 620
Grants, including capital grants:
Government grants - 104.116 104,116 102,511
8.100 104.116 112.216 103,131

Page |}

Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4 Income from charitable activities

Unrestricted
funds Total Total
General 2025 2024
£ £ £
Contractual income 278.006 278.006 257.895
Direct payments 240.853 240.853 227.196
518.859 518.859 485.09]
5
Investment income
Unrestricted
funds Total Total
General 2025 2024
£ £ £
Interest receivable and similar income:
Interest receivable on bank deposits 215 2.415 7,979
6
Expenditure on charitable activities
Unrestricted
funds Restricted Total Total
General funds 2025 2024
Note £ £ £ £
Insurance 4,436 - 4.436 4,136
Repairs and renewals 469 - 469 132
Rent and service
charges 12,567 - 12.567 11,329
Telephone 3,068 - 3,068 4.084
Training and
recruitment 2.050 - 2.050 2.364
Printing. postage and
stationery 2,507 - 2.507 5.023
Computer costs 1.866 - 1,866 14.295
Depreciation,
amortisation and
other similar costs 654 - 654 854
Staff costs 467,952 104.116 572.068 646.027
Utilities and sundry
costs 4.730 - 4.730 5.630
Travel and
subsistence 38.170 - 38.170 24.275
Bank charges 2,879 - 2.879 4,190
Subscriptions = - - 219
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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Unrestricted
funds Restricted Total Total
General funds 2025 2024
Note £ £ £ £
Governance costs 7 11,286 - 11.286 9,072
552,634 104.116 656.750 731.630

In addition to the expenditure analysed above. there are also governance costs of£1 1.286 (2024 - £9,072) which relate directly to charitable activities. See note 7 for further details.

7 Analysis of governance and support costs

Governance costs

Unrestricted
funds Total Total
General 2025 2024
£ £ £
Independent examiner fees
Examination ofthe financial statements 2.500 2,500 2.300
Other fees paid to accountants 6,398 6,398 4.164
Legal and professional fees 2,388 2,388 2,608
11,286 11,286 9.072

Depreciation of fixed assets

2025 2024
£ £
654 854

9 Trustees remuneration and expenses

No trustees, nor any persons connected with them. have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

10 Staff costs

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
2025 2024
£ z
Staffcosts during the vear were:
Wages and salaries $24,361 595,339
Social security costs 38.831 40,646
Pension costs 8.876 10.042
572,068 646.027

The monthly average number of persons (including senior management ‘ leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

2025 2024
No No
Employees 32 36

No employee received emoluments of more than £60.600 during the year.

The total employee benefits of the key management personnel of the charity were £116.881 (2024 - £113,312).

il Independent examiner's remuneration

il Independent examiner's remuneration
2025 2024
£ £
Examination ofthe financial statements 2.500 2,300
Other fees to examiners
Allotherservices 6.398 4,164

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

12 Taxation

The charity is considered to pass the tests set out in Paragraph | Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part |! of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

13 Tangible fixed assets .
Office
equipment Total
£ £
Cost
At April 2024 139,583
At 31 March 2025 139,583 139.583
Depreciation
At April 2024 136.67]
Charge for the year 654 654
At 31 March 2025 137,325 137.325
Net book value
At 31 March 2025 2.258 2,258
At 31 March 2024 2,912 2.912
14 Debtors
2025 2024
£ £
Trade debtors 29.004 21,660
Prepayments 250 4644
Other debtors 56,014 55,268
85,268 81,572
15 Cash and cash equivalents
2025 2024
£ £
Cash on hand 60 -
Cash at bank 49.418 132,024
49.478 132.024

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

16 Creditors: amounts falling due within one year

16 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans 3,654 20,664
Trade creditors 2.765 1.485
Other taxation and social security 20.588 8,226
Other creditors 7.068 3,89]
Accruals 7,220 59.616
41.295 93,882
17 Creditors: amounts falling due after one vear
2025 2024
£ £
Bankloans 3.687

{8 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

2025 2024
£ £
Other
Within one year 10.512 10.512
Between one and five years 1,752 12.264
12,264 22.776

19 Commitments

Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held sepeartely from those of the company in an inde.pendently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £8,876 (2024 - £10.042). Contributions totalling £1,150 (2024 - £1.085) were pavable to the fund at the Balance Sheet date.

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

20 Funds
Balance at ! Incoming Resources Balance at 31
April 2024 resources expended March 2025
£ £ £ £
Unrestricted funds
General 106.121 529.374 (552.634) 82.86!
Restricted funds 12,848 104,116 (104,116) 12.848
Total funds 118.969 633.490 (656,750) 95,709
Balance at 1 Incoming Resources Balance at 31
April 2023 resources expended March 2024
£ £ £ £
Unrestricted funds
General 243.176 493.690 (630.745) 106.121
Restricted funds 11,222 102,51] (100.885) 12,848
Totalfunds 254,398 596.201 (731.630) 118,969

The specific purposes for which the funds are to be applied are as follows:

A Paulaskas Memorial Fund - this fund is for the purpose of emergency care to exisiting families. deemed to be a worthy cause and authorised by the Board of Trustees. The fund is only to be used if funding cannot be found elsewhere. At the year end. a balance of £9,214 has been carried forward.

CCG A Proper Break - this grant provides a two hour weekly break for carers. allowing them the freedom to do something for themselves. At the year end. a balance of £3.634 has been carried forward.

21 Analysis of net assets between funds

Unrestricted Total funds at
funds Restricted 31 March
General funds 2025
£ £ £
Tangible fixed assets 2,258 - 2.258
Current assets 121.898 12.848 134.746
Current liabilities 41,295 - 41,295
Totalnetassets 165.451 12,848 178.299

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Crossroads in East Lancashire Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Unrestricted Total funds at
funds Restricted 31 March
General funds 2024
£ £ £
Tangible fixed assets 2,912 - 2.912
Current assets 200.748 12.848 213,596
Current liabilities 93,882 - 93,882
Creditors over 1] year 3,657 - 3,657
Totalnetassets 301.199 12.848 314,047

22 Related party transactions

There were no related party transactions in the year.

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