Company no. 04608163 Charity no. 1111055
**Crossroads Care Gloucestershire Limited Report and Audited Financial Statements 31 March 2025**
## **Crossroads Care Gloucestershire Limited**
## **Reference and administrative details**
|**For the year ended 31**|**March 2025**||
|---|---|---|
|**Company number**|04608163||
|**Charity number**|1111055||
|**Registered office and**|10 Sabre Close||
|**operational address**|Quedgeley||
||Gloucester||
||Gloucestershire||
||GL2 4NZ||
|**Trustees**|Trustees, who are also directors under company law, who served during||
||the year and up to the date of this report were as follows:||
||Nana Addae-Baah||
||Stephen Casey|Appointed 21 February 2025|
||Natalie Hyett|Resigned 25 November 2024|
||Elizabeth Keen||
||Peter Mitchener||
||Sheila Reynolds||
||Ruth Thomas|Appointed 15 May 2025|
||Richard Wheatley||
|**Company secretary**|Helen Baker||
|**Bankers**|Barclays Bank UK PLC|CAF Bank Ltd|
||1 Churchill Place|25 Kings Hill Avenue|
||London|Kings Hill|
||E14 5HP|West Malling|
|||Kent|
|||ME19 4JQ|
|**Auditors**|Godfrey Wilson Limited||
||Chartered accountants and statutory auditors||
||5th Floor Mariner House||
||62 Prince Street||
||Bristol||
||BS1 4QD||
1
## **Independent auditors' report**
## **To the members of**
## **Crossroads Care Gloucestershire Limited**
## **Opinion**
We have audited the financial statements of Crossroads Care Gloucestershire Limited (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities, balance sheet, statement of cashflows and the related notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
## In our opinion, the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 7 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going 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 uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
2
## **Independent auditors' report**
## **To the members of**
## **Crossroads Care Gloucestershire Limited**
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Opinion on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the trustees’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the trustees’ report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us;
- the financial statements are not in agreement with the accounting records and returns;
- certain disclosures of trustees’ remuneration specified by law are not made;
- we have not obtained all the information and explanations necessary for the purposes of our audit; or
- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ report and from the requirement to prepare a strategic report.
## **Responsibilities of the trustees**
As explained more fully in the trustees’ responsibilities statement set out in the trustees’ report, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine 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 assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
3
## **Independent auditors' report**
## **To the members of**
## **Crossroads Care Gloucestershire Limited**
## **Our responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The procedures we carried out and the extent to which they are capable of detecting irregularities, including fraud, are detailed below:
(1) We obtained an understanding of the legal and regulatory framework that the charity operates in, and assessed the risk of non-compliance with applicable laws and regulations. Throughout the audit, we remained alert to possible indications of non-compliance.
(2) We reviewed the charity’s policies and procedures in relation to:
- Identifying, evaluating and complying with laws and regulations, and whether they were aware of any instances of non-compliance;
- Detecting and responding to the risk of fraud, and whether they were aware of any actual, suspected or alleged fraud; and
- Designing and implementing internal controls to mitigate the risk of non-compliance with laws and regulations, including fraud.
(3) We inspected the minutes of trustee meetings.
(4) We enquired about any non-routine communication with regulators and reviewed any reports made to them.
(5) We reviewed the financial statement disclosures and assessed their compliance with applicable laws and regulations.
(6) We performed analytical procedures to identify any unusual or unexpected transactions or balances that may indicate a risk of material fraud or error.
(7) We assessed the risk of fraud through management override of controls and carried out procedures to address this risk. Our procedures included:
- ▪Testing the appropriateness of journal entries;
- ▪Assessing judgements and accounting estimates for potential bias;
- ▪Reviewing related party transactions; and
▪Testing transactions that are unusual or outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Irregularities that arise due to fraud can be even harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
4
## **Independent auditors' report**
## **To the members of**
## **Crossroads Care Gloucestershire Limited**
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of our report**
This report is made solely to the charityʼs members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charityʼs members those matters we are required to state to them in an auditorʼs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charityʼs members as a body, for our audit work, for this report, or for the opinions we have formed.
Date: 23 September 2025
## **Alison Godfrey FCA (Senior Statutory Auditor)**
For and on behalf of:
## **GODFREY WILSON LIMITED**
Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD
5
## **Crossroads Care Gloucestershire Limited**
**Statement of financial activities** _(incorporating an income and expenditure account)_
## **For the year ended 31 March 2025**
|Restricted
Unrestricted
Note
£
£
**Income from:**
Donations
3
114,506
54,222
Charitable activities
4
-
1,164,229
Investments
-
470
**Total income**
114,506
1,218,921
**Expenditure on:**
Raising funds
-
3,590
Charitable activities
55,996
1,171,387
**Total expenditure**
6
55,996
1,174,977
**Net income / (expenditure)**
58,510
43,944
Transfers between funds
(1,017)
1,017
**Net movement in funds**
7
57,493
44,961
**Reconciliation of funds:**
Total funds brought forward
(3,700)
246,062
**Total funds carried forward**
53,793
291,023|**2025**
**Total**
**£**
**168,728**
**1,164,229**
**470**
**1,333,427**
**3,590**
**1,227,383**
**1,230,973**
**102,454**
**-**
**102,454**
**242,362**
**344,816**|2024
Total
£
59,639
991,848
429|
|---|---|---|
|||1,051,916|
|||10,054
1,138,470|
|||1,148,524|
|||(96,608)
-|
|||(96,608)
338,970|
|||242,362|
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 15 to the accounts.
6
## **Crossroads Care Gloucestershire Limited**
## **Balance sheet**
## **As at 31 March 2025**
|Note
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Liabilities**
Creditors: amounts falling due within 1 year
12
**Net current assets**
**Total assets less current liabilities**
Creditors: amounts falling due after 1 year
13
**Net assets**
14
**Funds**
15
Restricted funds
Unrestricted funds
General funds
**Total charity funds**|**£**
**101,432**
**320,473**
**421,905**
**(67,249)**|**2025**
**£**
**15,556**
**354,656**
**370,212**
**(25,396)**
**344,816**
**53,793**
**291,023**
**344,816**|2024
£
25,535|
|---|---|---|---|
||||157,485
164,846|
||||322,331
(74,002)|
||||248,329|
||||273,864
(31,502)|
||||242,362|
||||(3,700)
246,062|
||||242,362|
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.
Approved by the trustees on 23 September 2025 and signed on their behalf by
Peter Mitchener - Chair of Trustees
7
## **Crossroads Care Gloucestershire Limited**
## **Statement of cash flows**
## **For the year ended 31 March 2025**
|Note
**Cash used in operating activities:**
**Net cash provided by / (used in) operating activities**
16
**Cash flows from investing activities:**
Interest from investments
Purchase of tangible fixed assets
**Net cash provided by / (used in) investing activities**
**Cash flows from financing activities:**
Repayment of borrowing
**Net cash used in financing activities**
**Increase / (decrease) in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**
17|**2025**
**£**
**161,114**
**470**
**-**
**470**
**(5,957)**
**(5,957)**
**155,627**
**164,846**
**320,473**|2024
£
(96,780)|
|---|---|---|
|||429
(13,438)|
|||(13,009)|
|||(5,957)|
|||(5,957)|
|||(115,746)
280,592|
|||164,846|
8
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **1. Accounting policies**
## **a) Basis of preparation**
Crossroads Care Gloucestershire Limited is a charitable company limited by guarantee registered in England and Wales. The registered office address is 10 Sabre Close, Quedgeley, Gloucester, GL2 4NZ.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Crossroads Care Gloucestershire Limited meets the definition of a 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 note.
## **b) Going concern basis of accounting**
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves, the budget set for 2025/26 and performance against it so far.
## **c) Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Income received in advance of provision of care is deferred until criteria for income recognition are met.
9
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
**1. Accounting policies (continued)**
## **d) Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **e) Interest receivable**
- Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.
## **f) Funds accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## **g) Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **h) Allocation of support and governance costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to charitable activities.
## **i) Termination payments**
Where an employee receives a termination payment, the cost is recognised at the date that the employee is notified.
10
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **1. Accounting policies (continued)**
## **j) Tangible fixed assets**
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:
Fixtures and fittings 4 years straight line Computer equipment 4 years straight line Office equipment 4 years straight line
## **k) Debtors**
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.
## **l) Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **m) Creditors**
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 after allowing for any trade discounts due.
## **n) Financial instruments**
The charitable company only 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 with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
## **o) Pension costs**
The company operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.
## **p) Accounting estimates and key judgements**
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
## **Depreciation**
As described in note 1j to the financial statements, depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life.
11
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **2. Prior period comparatives: statement of financial activities**
|**Income from:**
Donations
Charitable activities
Investments
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income / (expenditure)**
**Transfers between funds**
**Net movement in funds**|Restricted
£
£
52,999
6,640
-
991,848
-
429
52,999
998,917
-
10,054
106,898
1,031,572
106,898
1,041,626
(53,899)
(42,709)
(1,498)
1,498
(55,397)
(41,211)
Unrestricted|2024
Total
£
59,639
991,848
429|
|---|---|---|
|||1,051,916|
|||10,054
1,138,470|
|||1,148,524|
|||(96,608)
-|
|||(96,608)|
## **3. Income from donations**
|Trusts and foundations
Donations
**Total income from donations**
**Prior year comparative**
Trusts and foundations
Donations
**Total income from donations**|Restricted
£
£
3,522
114,506
50,700
114,506
54,222
Restricted
£
£
52,999
4,000
-
2,640
52,999
6,640
Unrestricted
Unrestricted|**2025**
**Total**
**£**
**3,522**
**165,206**|
|---|---|---|
|||**168,728**|
|||2024
Total
£
56,999
2,640|
|||59,639|
12
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **4. Income from charitable activities**
|**Income from charitable activities**|||
|---|---|---|
|Private contracts
Public sector contracts
**Total income from charitable activities**|**2025**
**Total**
**£**
**1,107,160**
**57,069**
**1,164,229**|2024
Total
£
945,202
46,646|
|||991,848|
All income from charitable activities in the current and prior year was unrestricted.
## **5. Government grants**
The charitable company receives government grants, defined as funding from Gloucestershire County Council to fund charitable activities. The total value of such grants in the period ending 31 March 2025 was £7,500 (2024: £8,097). There are no unfulfilled conditions or contingencies attaching to these grants.
13
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **6. Total expenditure**
|**Total expenditure**|||||
|---|---|---|---|---|
|Staff costs (note 8)
Travel
Office costs
Vehicle costs
Memberships and subscriptions
IT costs
Insurance
Rent
Audit and accountancy
Miscellaneous costs
Advertising and marketing
Training
Legal and professional
Depreciation
Recruitment
Uniforms
Bad debt
Trustees expenses
**Sub-total**
Allocation of support and
governance costs
**Total expenditure**|Raising
funds
£
1,857
-
-
-
-
-
-
-
-
-
1,733
-
-
-
-
-
-
-
3,590
-
**3,590**|Charitable
activities
£
743,425
61,940
-
4,529
-
-
960
-
-
20,587
-
23,454
-
-
9,766
1,877
-
-
866,538
360,845
**1,227,383**|£
193,315
566
44,010
-
10,938
26,091
7,996
42,867
13,622
1,334
-
440
8,845
9,979
-
-
70
772
360,845
(360,845)
**-**
Support and
governance
costs|**2025 Total**
**£**
**938,597**
**62,506**
**44,010**
**4,529**
**10,938**
**26,091**
**8,956**
**42,867**
**13,622**
**21,921**
**1,733**
**23,894**
**8,845**
**9,979**
**9,766**
**1,877**
**70**
**772**|
|||||**1,230,973**
-|
|||||**1,230,973**|
Total governance costs were £8,555 (2024: £9,564).
14
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
|**6.**
**Total expenditure (continued)**
**Prior period comparative**
Staff costs (note 8)
Travel
Office costs
Vehicle costs
Memberships and subscriptions
IT costs
Insurance
Rent
Audit and accountancy
Miscellaneous costs
Advertising and marketing
Training
Legal and professional
Depreciation
Recruitment
Uniforms
Bad debt
Trustees expenses
**Sub-total**
Allocation of support and
governance costs
**Total expenditure**|Raising
funds
£
2,178
-
-
-
-
-
-
-
-
-
7,876
-
-
-
-
-
-
-
10,054
-
10,054|Charitable
activities
£
652,107
59,698
-
7,817
-
-
1,293
-
-
10,114
17,251
15,434
-
-
9,246
1,406
-
-
774,366
364,104
1,138,470|£
198,537
617
41,617
-
11,627
26,097
7,433
39,391
15,258
1,007
-
1,771
8,925
8,589
917
-
746
1,572
364,104
(364,104)
-
Support and
governance
costs|2024 Total
£
852,822
60,315
41,617
7,817
11,627
26,097
8,726
39,391
15,258
11,121
25,127
17,205
8,925
8,589
10,163
1,406
746
1,572|
|---|---|---|---|---|
|||||1,148,524
-|
|||||1,148,524|
15
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
**7. Net movement in funds**
This is stated after charging:
|Depreciation
Operating lease payments
Trustees' remuneration
Trustees' reimbursed expenses
Auditors' remuneration:
Statutory audit (excluding VAT)
Other services (excluding VAT)|**2025**
**£**
**9,979**
**22,777**
**Nil**
**142**
**7,000**
**5,132**|2024
£
8,589
27,077
Nil
1,571
6,650
5,181|
|---|---|---|
Trustees' expenses representing travel and training costs amounting to £142 were paid in the year (2024: £1,571).
In common with other charities of our size and nature we use our auditors to assist with the preparation of the financial statements. Our auditors have also provided payroll services and bookkeeping support to the charity during the year.
**8. Staff costs and numbers** Staff costs were as follows:
|**Staff costs and numbers**
Staff costs were as follows:|||
|---|---|---|
|Salaries and wages
Social security costs
Pension costs|**2025**
**£**
**855,717**
**65,062**
**17,818**
**938,597**|2024
£
779,983
57,017
15,822|
|||852,822|
One employee earned between £60,000 and £70,000 during the current and prior year.
The key management personnel of the charitable company comprise the Trustees, Chief Executive Officer and Senior Management. The total employee benefits of the key management personnel were £227,913 (2024: £187,684).
|Average head count|**2025**
**No.**
**42**|2024
No.
38|
|---|---|---|
## **9. Taxation**
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
16
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **10. Tangible fixed assets**
|£
680
29,287
**Depreciation**
At 1 April 2024
680
15,500
Charge for the year
-
6,486
At 31 March 2025
680
21,986
**Net book value**
**At 31 March 2025**
**-**
**7,301**
At 31 March 2024
-
13,787
**Debtors**
Trade debtors
Prepayments
Other debtors
**Creditors: amounts due within 1 year**
Bounce back loan
Trade creditors
Other taxation and social security
Accruals
Other creditors
Fixtures
and fittings
Computer
equipment
At 1 April 2024 and at
31 March 2025|£
2,959
2,405
508
2,913
**46**
554
Office
equipment|£
11,940
746
2,985
3,731
**8,209**
11,194
**2025**
**£**
**64,679**
**16,639**
**20,114**
**101,432**
**2025**
**£**
**6,374**
**15,033**
**18,268**
**23,121**
**4,453**
**67,249**
Motor
vehicles|**Total**
**£**
**44,866**|
|---|---|---|---|
||||**19,331**
**9,979**|
||||**29,310**|
||||**15,556**|
||||25,535|
||||2024
£
121,999
17,748
17,738|
||||157,485|
||||2024
£
6,225
22,469
19,608
18,442
7,258|
||||74,002|
## **11. Debtors**
## **12. Creditors: amounts due within 1 year**
17
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **13. Creditors: amounts due after 1 year**
|**Creditors: amounts due after 1 year**|||
|---|---|---|
|Bounce back loan
**Analysis of debt maturity**
Amounts payable:
In less than one year
In 1 - 2 years
In 2 - 5 years
More than 5 years|**2025**
**£**
**25,396**
**2025**
**£**
**6,374**
**6,534**
**15,321**
**3,541**
**31,770**|2024
£
31,502|
|||2024
£
6,225
6,381
20,117
5,004|
|||37,727|
Loans comprise an unsecured bounce back loan received from Barclays, to help mitigate the effects of Covid-19 on the organisation. Interest is payable at a rate of 2.5% from July 2021. The term of the loan is 10 years.
## **14. Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Non-current liabilities
**Net assets at 31 March 2025**
**Prior period comparative**
Tangible fixed assets
Current assets
Current liabilities
Non-current liabilities
Net assets at 31 March 2024|£
-
53,793
-
-
**53,793**
£
-
(3,700)
-
-
(3,700)
Restricted
funds
Restricted
funds|£
15,556
368,112
(67,249)
(25,396)
**291,023**
£
25,535
326,031
(74,002)
(31,502)
246,062
Unrestricted
funds
Unrestricted
funds|**Total**
**funds**
**£**
**15,556**
**421,905**
**(67,249)**
**(25,396)**|
|---|---|---|---|
||||**344,816**|
||||Total
funds
£
25,535
322,331
(74,002)
(31,502)|
||||242,362|
18
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **15. Movements in funds**
|**Movements in funds**||||||
|---|---|---|---|---|---|
|**Restricted funds**
Carers Trust - Time for Me
Thriving Communities 2023
Thriving Communities 2024
Julia Rausing Trust
Lottery Community Fund
**Total restricted funds**
**Total unrestricted funds**
**Total funds**
Carers Trust - Making
Carers Count|At 1 April
2024
£
(8,700)
-
5,000
-
-
-
(3,700)
246,062
242,362|Income
£
13,567
10,000
-
7,500
63,439
20,000
114,506
1,218,921
1,333,427|£
(3,518)
(9,425)
(5,000)
(2,500)
(31,715)
(3,838)
(55,996)
(1,174,977)
(1,230,973)
Expenditure|£
**£**
(1,017)
**332**
-
**575**
-
**-**
-
**5,000**
-
**31,724**
-
**16,162**
(1,017)
**53,793**
1,017
**291,023**
-
**344,816**
**At 31**
**March 2025**
Transfers
between
funds||
||||||**53,793**|
||||||**291,023**|
||||||**344,816**|
## **Purposes of restricted funds**
Carers Trust - Making Carers Count
The purpose of the funding is to deliver a project which addresses the barriers, challenges and needs experienced by underrepresented groups of unpaid carers in our area of Gloucestershire. The under-represented group of carers we chose to support with this funding was Working Carers.
Carers Trust - Time for Me
The purpose of the funding is to give more older carers the opportunity to have a break from their caring role, helping reduce loneliness and isolation and improve Carers mental health and wellbeing. We will deliver the project goals through offering free sessions at our Azalea Day Clubs and organised social activities.
Thriving Communities
This grant funding will be used towards costs to open and deliver a new day club for the first six months in Stroud which will enable more Carers to have a break.
Julia Rausing Trust
The purpose of this grant is to expand the services we can deliver to support Carers in the county as demand for care and support is exceeding our current capabilities. To do this, we will need to recruit two new key roles in order to facilitate further expansion to the numbers of people we can deliver services to.
Lottery Community Fund
This grant funding will be used to give unpaid older Carers a break from their caring role whilst we care for their loved one at home. The project will deliver 178 breaks to Carers over the period and will be an extension of a service we already deliver.
19
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **15. Movements in funds (continued) Transfers between funds**
Transfers out of restricted funds represent capital purchases made using restricted funding.
|**Prior period comparative**
**Restricted funds**
Carers Trust
Nationwide Day Clubs Fund
Thriving Communities 2023
**Total restricted funds**
**Total unrestricted funds**
**Total funds**|At 1 April
2023
£
34,197
10,000
7,500
51,697
287,273
338,970|Income
£
45,499
-
7,500
52,999
998,917
1,051,916|£
(86,898)
(10,000)
(10,000)
(106,898)
(1,041,626)
(1,148,524)
Expenditure|£
£
(1,498)
(8,700)
-
-
-
5,000
(1,498)
(3,700)
1,498
246,062
-
242,362
At 31 March
2024
Transfers
between
funds|£
£
(1,498)
(8,700)
-
-
-
5,000
(1,498)
(3,700)
1,498
246,062
-
242,362
At 31 March
2024
Transfers
between
funds|
|---|---|---|---|---|---|
||||||(3,700)|
||||||246,062|
||||||242,362|
## **16. Reconciliation of net movement in funds to net cash flow from operating activities**
|**Net movement in funds**
Adjustments for:
Depreciation charges
Interest from investments
(Gain) / loss on disposal of tangible fixed assets
Decrease / (increase) in debtors
(Decrease) / increase in creditors
**Net cash provided by / (used) in operating activities**|**2025**
**£**
**102,454**
**9,979**
**(470)**
**-**
**56,053**
**(6,902)**
**161,114**|2024
£
(96,608)
8,589
(429)
23
(31,082)
22,727|
|---|---|---|
|||(96,780)|
## **17. Analysis of changes in net debt**
|Cash
Loans falling due within 1 year
Loans falling due after 1 year
**Total**|At 1 April
2024
£
£
**£**
164,846
155,627
**320,473**
(6,225)
(149)
**(6,374)**
(31,502)
6,106
**(25,396)**
127,119
161,584
**288,703**
**At 31**
**March 2025**
Cash flows|At 1 April
2024
£
£
**£**
164,846
155,627
**320,473**
(6,225)
(149)
**(6,374)**
(31,502)
6,106
**(25,396)**
127,119
161,584
**288,703**
**At 31**
**March 2025**
Cash flows|
|---|---|---|
|||**288,703**|
20
## **Crossroads Care Gloucestershire Limited**
## **Notes to the financial statements**
## **For the year ended 31 March 2025**
## **18. Operating lease commitments**
The charity had operating leases at the year end with total future minimum lease payments as follows:
|
follows:|||
|---|---|---|
|Amount falling due:
Within 1 year
Within 1 - 5 years|**2025**
**£**
**23,124**
**15,716**
**38,840**|2024
£
22,959
35,332|
|||58,291|
## **19. Related party transactions**
There were no related party transactions in the current or prior year.
21