REGISTERED COMPANY NUMBER: 06199277 (England and Wales)
REGisfERED CHARITY NUMBER: 1121666
Re
rt of the Trustees and
Financial Statements
for the Year Ended 31st March 2024
for
Carers Trust Cr055Mads We
Wales Ltd
Ashmole & Co
Chartered Certified Accountants & Registered
Auditors
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB

Carers Trust Crossroads West Wales Ltd
Contents of the Financial Ststements
for the Year Ended 31st March 2024
Page
Report of the Trustees
I to 10
Report of the Independent Audltors
11 to 14
Statement of Flnanclal Activities
15
Balance Sheet
16 to 17
Cash Flow Ststement
18
Notes to the Cash Flow Ststement
19
Notes to the Flnancial Ststements
20 to 34
Detsiled Statement of Finandal Actlvltles
35 to 36

Carers Trust Crossroads W
Wales Ltd
Re
rt of th Trustees
for the Year Ended 31st March 2024
The trustees who are a150 dlrectors of the charity for the purposes of the Companies Act 2006, present
their report with the financial statements of the charity for the year ended 31st March 2024. The trustees
have adopted the provlslons of Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard appllcable in the UK and Republic of Ireland (FRS 1021 (effettive l January 20191.
OBJEcllvES AND AcfiviTIES
Objectlves and alms
The objectives and principal activitie5 of the Charity to benefit the public are encompassed within its Vision,
Mission and Values as set out below. The trustees, staff and volunteers are guided by these ststements and
the services provided by the organisation will always adhere to them.
Carers Trust Crossroads West Wales (crcwNI vision is that unpaid carers of all ages are heard and valued
and have access to the 5UPPOrt, advlce, and resources they need to live a fulfilling life alongside caring. Our
ethos is that carer5 are at the heart of everything we do, and our organisation's objectives are to be
recognised as the specialist 'go to, organisation for unpaid carers in West Wales to ensure they can access
high quality information, advlce, and support.
Our value5 underpln our work with carers. We are 'Excellence', 'Inclusive', 'Responsive' and 'Trusted'.
These values were prioritised to ensure that carers and stakeholders have the confidence to work with us
for the following ￿asons.
Excellence: to ensure we apply best practice to deliver quality SUPPOrt to empower careTS and the
individuals they care for to improve their quality of life.
Inclusive: to meet the diverse needs of carers and the indivlduals they care for, collaborating to Co-produce
services that reflect their individual and collective needs.
Responsive: timely, person<entred and accessible support to ensure that carers and the individuals they
care for receive preventative services
Trusted: our reputation for excellence ensures that our beneficiaries and stakeholders trust us to dellver
quality ServI￿S to meet thelr needs.
The charity is registered with Care Inspectorate Wales (CIWI as a domiciliary care agency for both adults
and children. It employs paid qualified Carer Support Workers to provide domiciliary care in the
communlty to give carers a break from their carlng role. The work of the Carer Support Workers is
monitored regularly and their effectivene55 and skills are assessed by their managers.
Page I

Carers Trust Crossroads West Wales Ltd
Re
rt of the Trustses
for the Year Ended 31st March 2024
OBJEcnvES AND AcfiviTIES
Public benefft
Each year, the management committee reviews our aims. objectives and activitie5 against the Operating
Plan and Strategic Plan. The review looks at what we achieved and the outcomes of our work in the
previous twelve months. The review looks at the success of each key actlvlty and the benefits they have
brought to the carers we support. The review also helps us to ensu￿ our aim, objectives and activities
remained focused on our stated purpose. We have referred to the Charity Commission's general guidance
on public benefit when reviewing our aims and objectives and in planning our future artivities. The trustees
consider how developments or attivities will contribute to the aims and objertives they have set.
We deliver public benefit through:
Providing breaks from caring with replacement care, in groups or practical I:1 support
-Assessment and support of carers, needs, helping them achieve desired goals
Emergency planning and providing care cover using our charitable funds
- Trainin8 and equipping carers Wlth skills for their caring role
Raising awarenes5 of caring and family carers in the community, schools and with employers, to help
them understand the impact of caring and how they can help
Developing Ilnks wlth partner organlsations and referring to other Professionals and charities that support
carers
Developing and diversifying our services, ensuring the charity remains representatlve of the carers we
serve
Ensuring our services available to as many carers and the people they support as possible
Involving carers and the people they support so thatthey drive service design and development
Ensuring that our services are high quality, flexible, responstve, and continually improving
Learnlng from the good practice of others and encourage others to learn from us
Exploring opportunities for establishing joint projects and relationships with organisations to improve
services for carers.
The impact we strive to achieve for family carer5 is:
Increased confidence In thelr carlng role
Improved or malntalned physlcal health
Improved or maintained mental health
- Carers and family able to cope financially
Increase in carers able access education, training, volunteering and employment
Enabling more family carers to be involved in influencing policy
- Forthose with care need5 whom we 5UPPOrt have a maintained or improved quality of life
Who used and beneflted from our servlce?
Our objects and funding restrict the ser¥ices we provide to residents in the countles of Carmarthenshire,
Ceredigion and Pembrokeshire in Wales, covering some 5750 Squa￿ kilometres, which represents over
27% of the total landmass In Wales. The number of unpaid carers in Carmarthenshire is estimated at
23,998; 7,114 carers provide 50 or more hours of care per week. Ceredigion's estimated unpaid carers are
8,603 and Pembrokeshire's estimated unpaid carers are 12,890 (Census 2021).
Carers living in rural and remote communities fa￿ added challenges in accessing services.
Page 2

Carers Trust Crossroads West Wales Ltd
Re ort of the Trustees
for the Year Ended 3tst March 2024
OBJECTIVES AND AcfiviTIES
We continued to utilise Amser and Carer Support Funding to assist unpaid carers throughout
Carmarthenshire and Pembrokeshire. Support was provided in various form5, including food vouchers.
essential household appliances, and one-on-one assistance. Additionally, we maintained our commitment
to offering information, guidance, and activities for both carers and those they care for.
We also facilitated social clubs and events for young adults wtth disabilities which enabled the familie5 to
have a breakfrom their caring role.
Equal Opportunitles and Welsh Language
The Charity is committed to providing equal opportunities for all regarding service provision and
employment, regardless of age, gender, physical disability, mental or sensory impairment, race, culture,
economic fartors, sexual orientation, marital status, political beliefs. or religion.
Carers Trust has adopted the principle that in the conduct of its business in Wales it will treat the English
and Welsh languages on a basis of equality. Our Welsh Language Scheme sets out how Crossroads will give
effert to the principle when providing services to the public in Wales.
Carers Trust Crossroad5 West Wales have over 27% Welsh speaking staff which includes 75% of
office-based staff who are able to converse in Welsh.
Page 3

arers T st Crossroads West Wales Ltd
Re
rt of the Trustee5
for the Year Ended 31st March 2024
ACHIEVEMEMf AND PERFORMANCE
We continue to be the go-to provider for replacement care in Carmarthenshire and Ceredigion providing
100,363 hours of regulated care provided at home and in the community.
After completing a tender proce55, we were selected as the primary provider of the new Community Home
Support Service. Thi5 preventative service is designed for individuals who do not require personal care but
are experiencing an event or illness impacting their physical, mental, or emotional well-being. It provides
practical, short-term support to help prevent hospital admission or to aid recovery at home.
After a recent tendering process, we were not selected to deliver the Carmarthenshire Carers Information
Service. However, we are proud to have upheld our excellent reputation across the counties and,
throughout the year, have strengthened our positive partnerships with the statutory sector, which
commissions u5 as the primary providers of unpaid carer services across the three counties. Together with
our network partners in the Gofalwyr Ceredigion Carers consortium, we continue to deliver comprehensive
advice, information, and practical support services to carers.
We were pleased that we successfully secured a second year of Amser funding from the Welsh
Government, along with additional support to extend this service to unpaid carers in Pembrokeshire. The
continuation of Carers Support Funding ha5 enabled us to enhance our financial support offerings through
our Money Matters Project, providing a holistic service tailored to the needs of carers facing financial
challenges. Carers can continue to access assistance to maximize their income and reduce expenses
through a variety of available grants, discounts, and concessions for themselves and those they care for.
We made a meaningFul Impact on carers and their families by distributing a range of grants to support
them through challenging times, thanks to the support of Carers Trust Wales, the Welsh Govemment, and
Carmarthenshire County Council.
In Pembrokeshire, we extended our support further, offering grants for food and essential equipment
through funding from Carers Trust Wales and the Welsh Government.
This period has been challenging for our staff, and capacity became an issue as we worked to implement
new services. Nonethele55, we saw a significant increase in carers identifying themselves and self-referring
to the Carers Information Service.
After securing a second round of three year funding totalling £499,000 from the Big Lottery. we are able to
continue the impactful work we developed over the past three year5, delivering service5 for young carers
and young adult carers.
We are recognised locally for providing a high-quality, flexible, and responsive seNice.
A5 part of our annual surveyi we actively sought feedback from both carers and service users, who are
valued stakeholders, to enhance our services and guide future developments.
Training continues to be a top priority, with much of it offered online; however, we also conduct in-person
staff supervisions. Bi-monthly team meetings are held both face-to-face and on Teams, recorded, and
uploaded to a secure staff area on our website.
Page 4

Carers Trust Crossroads West Wales Ltd
rt of the Trustees
for the Year Ended 3tst March 2024
FINANCIAL REVIEW
Financial position
During the period 1st April 2023 to 31st March 2024, the charity's total income was £3,124,084 a slight
decrease of 4% on the previous financial year. However, the previous year included other income of
£211,118 in relation to bonus monies, received from Welsh Government to all registered Social Care
Workers. This was for an additional £1,498 payment to align wages to the Real Living Wage for the Carers.
under the Government Special Payment Scheme which was then paid to the staff through their wage.
Therefore the charitable activity income has actually increased by 2% this year on last year. The principal
sources of funding were through commissioned seniices with Carmarthenshire County Council and Hywel
Dda University Health Board.
The cost of delivery during the year totalled £3,127,518 a decrease of 7% on the previous year including
the annual increase in implementing the 'minimum/living wage,.
The costs associated with providing activities has yet again been greatly affected this year due to the
continuing adherence to the implementation of the minimum/living wage to include travelling time and the
increase of pension costs.
As expected, wage costs, including pension, travelling administration of £2,770,461 or 89% of total
expenditure remains the most significant area of expenditure.
At the end of 202312024, the charity's reserves decreased to £564,837.
Investment policy and objertlves
To ensure that the organisation has cash readily available to meet working capital and other needs, the
Board continues to adopt a cautious policy to maintain cash deposits in safe investments. This policy is kept
under regular review. Having due regard to the requirement to ensure liquidity, funds not required to meet
day to day expenditure are be held in fixed rate bonds and interest-bearing accounts with the charity's
bankers.
Reserves policy
The reserves policy is reviewed annually in the light of the main risks facing the organisation. Having
reexamined its strategic plan, the B03rd will seek to maintain a reserve level that will enable it to take
advantage of any opportunity to develop services whist rnaintaining its obligations to service users and
creditors.The baseline requirement is to have reserves equating to over three months of annual fixed c05tS
expenditure plus potential redundancy costs for long tem staff. Firstly, to withstand any unfo￿Seen
events and secondly ensure that it can meet potential redundancy costs of employees, many of whom
have worked with the charity over 15 year5. An adequate level of reserves is again necessary to meet the
working capital requirements ofthe charity.
Based on 2023124 unrestricted general fund expenditure, reserves should therefore not fall below
£456,317. The actual level of reserves at the end of the year were above the baseline figure. To meet the
objectives of the charity as set out on page 3 of this report, all reserves can only be applied for the benefit
of Carmarthenshire and Ceredigion carers.
Page 5

Carers Trust Crossroads West Wales Ltd
Re
rt of the Trustees
for the Year Ended 31st March 2024
FUTURE PLANS
We expect the following service contracts out for tender:
l. Catch Up Benefits Advlce Service
2. Community Support Services for both adult and children
3. Replacement Care Regulated Service
We have been commi55ioned to provide Summer Clubs for children in the Carmarthen area.
Following the succe55 of funding for both Shortbreaks and Carers Support Funding for our Money Matter
and Income Maximisation projects, we are collaborating with Carers Trust Wale5 to advocate for continued
fundingfrom the Welsh Government beyond March 2025.
The charity's strategic plan is developed in a context of limited financial resources and an increasing
demand for our services. It focuses on identifying opportunities to enhance funding through developing
partnerships and finding innovative solutions to meet our goals and expand seNices for carers in West
Wales. The Senior Management Team will continueto prepare and submit funding applications.
Looking ahead, we will ensure financial and prattical supportforthe future through:
Continuation of Local Authority and HDUHB funding into 2024-25
Ongoing funding from Ceredigion County Council to support our work within the Gofalwyr Ceredigion
Carers consortium
Waterloo funding for a worker in the Young Carers and Youn8 Adult Carer5 service
Amser funding from the Welsh Government, administered by Carers Trust, to provide short breaks for
carers and their families
Carers Support Fund from the Welsh Government, also administered by Carers Trust, to assist carers
facing financial challenges during the cost of living crisis
All servtces will undergo continuous review to ensure they effectively meet current and future needs.
Starting 1st April 2024, Carers Trust Crossroads West Wales will continue to collaborate with our network
partners in Wales and work as a consortium where appropriate. aiming to enhance the range of services,
support more families, and improve efFiciency and effectiveness.
We remain committed to training our staff to exceptionally high standards, recognising that a well-trained,
motivated team is essential to achieving our goals. Their dedication to continuous learning enhances our
Service quality. providing all staff with opportunities to improve performance and develop their potential.
As always, meeting the needs of carers and their familie5 holistically and with dignity will stay at the heart
of everything we do.
STrUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust. and constitutes a limited company,
limited byguarantee, as defined by the Companies Art 2006.
Page 6

Carers Trust Crossroads West Wales Ltd
rt of the Trustees
for the Year Ended 3tst March 2024
Carers Trust Crossroads West Wales is a charitable company limited by guarantee, incorporated on the 2nd
April 2007. The company was established from the merger of Carmarthen Cr055roads, established in 1990
and Uanelli Crossroads, established in 1981, under a Memorandum of Association which defines the
objects and powers of the charitable company and is governed under it5 Articles of Association. In the
event of the company being wound up members are required to contribute an amount not ex￿edIng £5.
Recruitment and appointment of new trustees
The directors of the company are also trustees for the purposes of charity law and under the companrf5
articles are known as the Management Committee.
All give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the
charity are declared in the notes to the accounts.
Individuals with an interest in the work of the Charity are approached to offer themselves for elertion a5
Trustees with a view to maintaining a broad mix of 5ki11s and experience. Potential trustee5 are invited to
an interview and to attend meetings of the Charity before an appointment is made.
Twstee Induction and Tralnlng
All Trustees are provided with a Trustee Pack contalning the relevant Charity Commission documentation,
the organisation's Business Plan and Risk Register and other information to ensure awareness of their roles
and responsibilities. They also attend occasional training session5 arranged by the Charity relating to
aspects of their role and are encouraged to attend courses and meetings organised by the national
organisation. A folder is maintained for each Trustee which includes details of their professional
background. DBS/POVA checks, signed regulatory documents and training certlficates.
Organisational structure
There are up to seven Trustees who are responsible for the strategic direttion of the Charity. The full
board meet quarterly, with three subcommittees meeting on a quarterly basis. All Trustees are members
of at least two of the three sub-committees Finance Revlew Group Iquarterlyl, Health & Safety (quarterly)
Policy Review Group Iquarterlyl. The committee also meet outside these groups with the Management
Team to dlscuss Strategic and Service Development.
Day to day management and administration is delegated to the Chief Executive Officer and Management
Team who meet and consult regularly with the Trustees and attend Trustees meetings and
sub-committees.
Related parties
The Charity is affiliated to the Carers Trust (Charty Registration Number 11451811, a UK charity. Carers
Trust provide5 Policie5 and Procedures which the Charity rs required to adopt, offers SUPPOrt, guidance and
training, arrange5 5Ultable insurance for the Charity and encourages communication and dissemination of
good practice among network partner5.
Relationshlps
The organisation meets regularly with officers of Carmarthenshire and Ceredigion County Counci15 and
Hywel Dda University Health Board to review activity and monitor contract performance. The scheme
upholds a culture of openness to share relevant information and by discussion of any prartice issues with
ourcommissioners and other agencies.
Both trustees and Senior managers are active in partnerships by attendance at Strategic Partnership Board
for Carers, Hywel Dda University Health Board's Stakeholder Reference Group and other local charitie5 and
groups.
Page 7

Carers Trust Crossroads West Wales Ltd
Re
rt of the Trustees
for the Year Ended 31st March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENr
Risk management
The Board of Directors fully recognise its responsibility for the managernent of risk and will ensure that
systems and procedure5 are in place to provide reasonable assurance against fraud and error. The trustees
undertake an annual risk assessment when the risk register is reviewed and updated and where necessary
systems and procedure5 are implemented to mitigate any potential impatt on the charity.
All internal financial ri5k5 are minimi5ed by the implementation of procedures for authorisation of
transactions and projects. These procedures are regularly reviewed to ensure they remain appropriate.
The charity will continue to diversify its funding base and is no longer dependent on grant funding. All
opportunities are reviewed to build capacity and deliver quality seniices for carers.
Procedures are in place to ensure our compliance with all health and safety legislation to safeguard our
Staff, carers and cared for; and the charity adheres strictly to the policie5 and procedures Set down by
Carers Trust.
REFERENCE AND ADMINisfRATIVE DETAILS
Reglstered Company number
06199277 (England and Wale5)
Reglstered Charlty number
1121666
Reglstered office
Unit 3
The Palms
96 Queen Victoria Road
Uanelli
Carmarthenshire
SA15 2TH
Trustees
H Nicholls
J A Thomas
A Grimes
A Hopkins
JDKnott
H Powell
E A Poulson (resigned 7.2.241
S M Evans
Company Secretary
A J Harries
Page 8

Carers Trust Crossroads West Wales Ltd
ort of the Trustees
for the Year Ended 3tst March 2024
REFERENCE AND ADMINISTRATIVE DEfAILS
Audltors
Ashmole & Co
Chartered Certified Accountants & Registered
Auditors
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB
MANAGEMENT TEAM
Alison Harries- Chief Executive Officer ICEOI / Company Secretary
Erica Watts- Finance Manager
Karen Samuel- Oper3tional/Registered Manager
Joanne Silverthorne - Service Development ManageT {Resigned 09108124)
Cathy Boyle- Carer Support Services Manager
The management team are responsible for the day to day running of the charity and entrusted with the
implementation of the Board's strategic decisions.
Carers Trust Crossroads West Wale5 Ltd employed 143 staff on 31st March 2024, and the average staff
numbers forthe year was 146.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the direttors of Carers Trust Crossroads West Wales Ltd for the purposes of
company law) are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resource5, including the income and expenditure, of the charitable company for that period.
In preparing those financial Statements. the trustees are required to
select suitable accounting policies and then apply them con5iStentlv,'
observe the method5 and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in bu5ine55.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charitable company and to enable them to ensure that
the financial statement5 comply with the Companies Act 2006. They are also responsible for safeguarding
the assets of the charitable company and hence for taking reasonable Steps for the prevention and
detection of fraud and other irregularities.
Page 9

Carers Trust Crossroads West Wales Ltd
ort of the Trustees
for the Year Ended 31st March 2024
srATEMENT OF TRUSTEES, RESPONSIBILITIES- continued
In so far asthe trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are awa￿ of that information.
AUDITORS
The auditors, Ashmole & Co, will be proposed for re-appointment at the forthcoming Annual General
Meeting.
Approved by order of the board of trustees on 28th January 2025 and signed on its behalf by:
H Nicholls - Trustee
Page 10

rt of the Inde
ndent Audltors to the Trustees of
Carers Trust Crossroads West Wales Ltd
Oplnlon
We have audited the financial statements of Carers Trust Crossroads West Wales Ltd (the 'charitable
company'l for the year ended 31st March 2024 which comprise the Statement of Financial Activities, the
Balance Sheet, the Cash Flow Statement and 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 {United Kingdom Generally Accepted
Accounting Practice).
In our opinion the financial Statements:
give a true and fair view of the state of the charitable company's affair5 as at 31st March 2024 and of its
incoming resources and application of resources, including its income and expenditure, for the year then
have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting
Prattice; 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) IISAS {UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company 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 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 basi5 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 conditlons that, individually or collertively, may cast significant doubt on the charitable companrfs
abilty 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 comprise5 the information
included in the Annual Report, other than the financial statements and our Report of the Independent
Auditors 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 expre55 any form of assurance conclusion thereon.
In connertion 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 this gives rise to a material misstatement in the financial statements themselves. 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.
Page 11

Re
rt of the Inde
ndent Audltors to the Trustee5 of
Carers Trust Crossroads West Wales Ltd
Matters on which we are required to report by exception
We have nothing to report in respett of the following matter5 where the Charitie5 (Accounts and Reports)
Regulations 2008 requires us to report to you if, in our opinion:
the information given in the Report of the Trustees is inconsistent in any material respect with the
financial statements; or
the charitable company has not kept adequate accounting records; or
the financial statements are not in agreementwith the accounting records and returns; or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the
directors of the charitable company for the purposes of company law} 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 the tru5tee5 determine 15 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 charitable company'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 charitable company
or to cease operation5, or have no realistic alternative but to do so.
Page 12

rt of the Inde
ndent Audltors to the Tru5tee5 of
Carers Trust Crossroads West Wales Ltd
Our responsibilities for the audlt of the flnanclal statsments
We have been appointed a5 auditors under Section 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
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 a Report of the Independent
Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit condutted in accordance with ISAS {UKI will always detect a material misstatement
when rt 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.
The extent to which our procedures are capable of detetting irregularities, including fraud 15 detailed
below:
In identifying and assessing ri5k5 of material mlsstatement in respect of irregularities, including fraud and
non-compliance with law5 and regulations, we considered the following:
nature of the charity and the sector In which it operates.
the legal and regulatory framework in which the charity operates, and in particular those lay4￿ and
regulations that directly affect the financial statements or have a fundamental effect on operations eg
Charities Art 2011, health and safety legislation.
results of enqutries of management and those charged with governance
any matters identified relating to
the charitvs policies and procedure5 for identifyingi evaluating and complying with laws and regulations,
and whether there were any known instances of non compliance.
detecting and responding to the risk5 of fraud and whether there is any knowledge of actual, suspected or
alleged fraud.
- the internal controls established to mitigate risks of fraud or non compliance with laws and regulations.
As a result of performing the above. we did not identify any key audit matters related to potential risk of
fraud or non compliance with laws and regulations.
In addition to the above, our procedures included:
reviewing the financial statement disclosures and testing to supporting documentation to assess
compliance with relevant laws and regulations
enquires of management and those charged with governance concerning attual and potential litigation
and claims
performing analytical procedures to identify any unusual or unexpected relationships that may indicate
risks of material mi55tatement due to fraud
review of mlnutes of committee meetings
written representations
A further description of our responsibilities for the audit of the financial statements Is located on the
Financial Reporting Council's website at w%vw.frc.org.uVauditorsresponsibilities. This description forms
part of our Report of the Independent Auditors.
Page 13

Re
rt of the Independent Auditors to the Trustees of
Carers Trust Crossroads West Wales Ltd
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might
state to the charitable company's trustees those rnatter5 we are required to state to them in an auditors,
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 charitable company and the charitable company's trustees as
body, for our audit worl for this report. orforthe oplnions we have formed.
Ashm
Chartered Certified Accountants & Registered
Auditors
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB
-01-Jo
Page 14

Carers Trust Crossroads West Wales Ltd
Statement of Flnanclal Actlvltles
for the Year Ended 31st March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestrirted
funds
Restricted
funds
Notes
INCOMEAND ENDOWMENTS FROM
Donations and legacies
4,466
400
4,866
3,879
Charitable activities
Charitable activities
2,241,860
873,405
3,IIS,265
3,041,985
Investment income
Other income
3,953
3,953
1,274
211,188
Total
2,250,279
873,805
3,124,084
3,258,326
EXPENDITURE ON
Charitable activities
Charitable activities
2,305,239
822,279
3,127,518
3,376,019
NET INCOMV(EXPENDITURE)
(54,960)
51,526
{3,434) {117,6931
RECONCIUATION OF FUNDS
Total funds brought forward
547,726
20,545
568,271
685,964
TOTAL FUNDS CARRIED FORWARD
492,766
72,071
564,837
568,271
The notes form part of these financial statements
Page 15

Care
Trust Crossroads West Wales Ltd
Balance Sheet
31st March 2024
31.3.24
Total
funds
31.3.23
Total
fund5
Unrestricted Restrirted
funds
funds
Notes
FIXED ASSETS
Tangible assets
li
692
6,671
7,363
9,856
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
250,517
701,242
60,000
5,400
310,517
706,642
367,453
643.691
951,759
65,400
1,017,159
1,011,144
CREDITORS
Amounts falling due within one year
13
{459,685 }
1459,685) 1452,729)
NET CURREwf ASSETS
492,074
65,400
557,474
558,415
TOTAL ASSEfs LESS CURRENT LIABILITIES
492,766
72,071
564,837
568,271
NET ASSETS
492,766
72,071
564,837
568,271
FUNDS
Unrestrirted funds
Restricted funds
15
492,766
72,071
547,726
20,545
TOTAL FUNDS
564,837
568,271
The charitable company is entitled to exemptlon from audit under Section 477 of the Companies Act 2006
for the year ended 31st March 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an
audit of these financial statements.
The trustees acknowledge their responsibilities for
la)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and
387 of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitsble
company as at the end of each financial year and of its surplus or deficlt for each financlal year In
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 21x16 relating to financial statements, so far as applicable to the
charitable company.
{b)
These financial statements have been audited under the requirements of Section 145 of the Charities Act
2011.
The notes form part of these financial statements
Page 16
continued...

Carers Trust Crossroads Wes
W les Ltd
Balance Sh
31st
ntinued
rch 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial Statements were approved by the Board of Trustees and authorised for issue on
28th January 2025 and were signed on its behalf by:
J A Thomas- Trustee
The notes form part of these financial statements
Page 17

Carers Trust Crossroad5 West Wales Ltd
Cash Flow Statement
for the Year Ended 3tst March 2024
31.3.24
31.3.23
Notes
Cash flows from operating activities
Cash generated from operations
68,956
118,0351
Net cash provided by/(used in) operating activities
68,956
{18,0351
Cash flows from Investln8 artlvltles
Purchase of tangible fixed assets
Interest received
19,958)
3,953
1762)
1,274
Net cash (used in}/provided by investing activities
16,005)
512
Change in cash and cash equivalents In
the reporting perfod
Cash and cash equlvalents at the
bezlnnlng of the reporting period
62,951
{17,5231
643,691
661,214
Cash and cash equivalents at the end
of the reporting period
706,642
643,691
The notesform part of these financi31 statements
Page 18

Carers Trust Crossroads West Wales Ltd
Notes to the Cash Flow Statement
for the Year Ended 31st March 2024
RECONCILIATION OF NEf EXPENDITURE TO NEf CASH FLOW FROM OPERATING AcrivmES
31.3.24
31.3.23
Net expenditure for the reporting period {as per the Ststement of
Financial Actlvltles)
Adjustments for:
Depreciation charges
Interest received
Decrease In debtors
Increasel(decrease} in creditors
(3,4341
(117.693)
12,451
(3,953)
56,936
6.956
12,189
(1,2741
110,364
{21.6211
Net cash provlded byllused in) operation5
68,956
{18.0351
ANALYSIS OF CHANGES IN NEf FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
643,691
62,951
706,642
643,691
62,951
706,642
Total
643,691
62,951
706,642
The notes form part of these financial statements
Page 19

Carers Trust Crossroads West Wale5 Ltd
Notes to the Financlal Statements
for the Year Ended 31st March 2024
ACCOUNTING POLICIES
Basls of preparing the flnancial statemerrts
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: statement of Recommended practi￿ applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
1021 (effective l January 2019),, Financial Reporting Standard 102 The Financial Reportin8 Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial 5tatementS
have been prepared under the historical c05t convention.
Income
All income is recognised in the Statement of Financial Artivities once the charity has entitlement to
the fund5, it is probable thatthe income will be received and the amount can be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be rneasu￿d reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to actlvities on a basls consistent with the use of resources.
Tangible fixed asset5
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Tenanted property improvements
Equipment
IO% on cost
33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight
Ilne basis over the period of the lease.
Page 20
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements- contlnued
for the Year Ended 31st March 2024
DONATIONS AND LEGACIES
31.3.24
31.3.23
Donations
Other services provided
4,396
470
3,256
623
4,866
3,879
INVESTMENT INCOME
31.3.24
31.3.23
Deposit account Interest
3,953
1,274
INCOME FROM CHARITABLE AcnviTIES
31.3.24
31.3.23
Activity
Charitable activities
Grants
Local Authority
Replacement Care
Contracts
Hywel Dda Adult Spot
Private clients
Hywel Oda Childrens
Continuing Care
Local Authority Childrens
Local Authority Personal
Care
Summer & After school
club session income
Local Authority
Community Support
Charitable activities
Direct Payments
Charitable activities
Ceredigion CC Framework Charitable activities
Gofalwyr Ceredigion
Carers
Advocacy
Carers Trust
Communlty Home Support
Servi
864,230
928,699
Charitable attivities
Charitable artivities
Charitable activities
1,016,426
591,393
38,601
1.040,641
407,491
44,995
Charitable activities
Charitable activities
57,563
169,IX19
79,137
140,144
Charitable activities
127,920
150,376
Charitable activities
9,175
1,680
72,205
1,946
77,351
118,170
19,247
69,004
Charttable attivities
Charitable activities
Charitable activities
30,778
12,882
30,183
32,753
9,648
Charitable activitie5
15,603
3,115,265
3,041,985
Page 21
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements . continued
for the Year Ended 31st March 2024
INCOME FROM CHARITABLE AcfiviTIES - contlnued
Grants received, included in the above, are as follows:
31,3.24
31.3.23
Carers Information se￿ICe
Outreach Support Work
Young Adult Carers
Investors in Carer5
cusp
Carers Trust grants
BBC Children in Need
Catch up
Waterloo
The Big Lottery
Innovation Project
ICF Respitality
61,890
119,470
22,747
66,653
2.000
6.067
42,234
80,686
22,612
126,667
8,727
12,650
75,000
10,440
84,717
60,000
166,260
35,958
84,525
38,850
34,937
CCC Resilience
CCC Resilience- Hafan Glyd
Moondance Foundation
Money Matters Project
Carers Rights Day
Carers Support Fund
Carers Community Outreach Discharges Service
Carers Hospital Discharge Support Service
Amser
Adferiad
35,445
6,000
90,450
121,512
55,523
loo,000
122,683
20,OCK)
78.226
864,230
928,699
CHARITABLE AcfiviTIES COSTS
Support
COSts1see
note 6)
Direct
Costs
Totals
Charitable activities
2,858,630
268,888
3,127,518
Page 22
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements - continued
for the Year Ended 31st March 2024
SUPPORT cosrs
Governance
costs
Management
Totals
Charitsble artivities
267,243
1,645
268,888
Nrf INCOMV(EXPENDITURE)
Net income/(expenditure) is stated after charging/lcrediting):
31.3.24
31.3.23
Auditors, remuneration
Depreciation - owned assets
Other operating leases
Other accountancy services
1,645
12.451
28.542
17,874
1,495
12.189
24.180
18,458
TRUSTEES, REMUNERATION AND BENEFrr5
There were no trustees, remuneration or other benefits for the year ended 31st March 2024 nor for
the year ended 31st March 2023.
Trustees, expenses
Trustees, travel expenses of Nil were paid for the year ended 31 March 2023 (2022 . Nil).
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Other pension costs
2,464,374
143,060
2,626,646
152,214
2,607,434
2,778,860
Page 23
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
STAFF cosrs- continued
The average monthly number of employees during the year was as follows:
31,3.24
31.3.23
Management & Admin.
Care Management
Care Support workers
CIS Outreach
Investors In Carers
YAC
CEY
Catch Up
Hospital Discharge projert
Tran5formatlon Fund Programme I
107
115
146
154
No employees received emoluments In excess of £60,000.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted Restricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
3,879
3,879
Charltable artivities
Charitable activities
2,113,286
928,699
3,041,985
Investment income
Other income
1,274
164,713
1,274
211,188
46,475
Total
2,283,152
975,174
3,258,326
EXPENDITURE ON
Charftable activities
Charitable activities
2,380,928
995,091
3,376,019
NET INCOME/(EXPENDITURE)
197,776)
119,917) (117,693)
RECONCILIATION OF FUNDS
Total fund5 brought forward
645,502
40,462
685,964
Page 24
continued...

Carers TNst Crossroads West Wales Ltd
Notes to the Financlal Statements- continued
for the Year Ended 31st March 2024
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES - continued
Unrestricted Restricted
funds
funds
Total
funds
TOTAL FUNDS CARRIED FORWARD
547,726
20,545
568,271
11. TANGIBLE FIXED ASSETS
Tenanted
property
improvements Equipment
Totals
COST
At 1st April 2023
Additions
44,040
54,405
9,958
98,445
9,958
At 31st March 2024
44,040
64,363
108,403
DEPRECIATION
At 1st April 2023
Charge foryear
39,337
49.252
8,047
88.589
12,451
At 31st March 2024
43,741
57,299
101,040
NEfBOOK VALUE
At 31st March 2024
299
7,064
7.363
At 31st March 2023
4,703
5,153
9,856
12. DEBTORS
31,3.24
31.3.23
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
112,740
30,000
137,777
258,745
108,708
280,517
367,453
Page 25
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial SLitements- continued
for the Year Ended 31st March 2024
12.
DEBTORS- contlnued
31.3.24
31.3.23
Amounts falling due after more than one year:
Other debtors
30,000
A88regate amounts
310,517
367,453
13. CREDITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade creditors
Accrued expenses
216,240
243,445
213,376
239,353
459,685
452,729
14. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24
31.3.23
Within one year
BetrNeen one and five years
36,497
98,770
38,461
135,267
135,267
173,728
Page 26
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31st March 2024
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
547,726
154,960)
492,766
Restrirted funds
BBC Children in need
Waterloo Foundation
Transformation Fund Programme I
The Big Lottery
Moondance Foundation
Carers Support Fund
Carer5 Hospital Discharge Support
Service
Am5er
10,013
14
18
(7,514)
59,986
118)
4,721
110,500)
662
2,499
60,000
4,721
io,soo
662
644
3,545
3.545
20.545
51,526
72,071
TOTAL FUNDS
568,271
13,434
564,837
Page 27
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements- continued
for the Year Ended 31st March 2024
15.
MOVEMEMf IN FUNDS- contlnued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
2,250,279
(2,305,239)
(54,960)
Restricted funds
Young Aduk Carers
Investors in caiers
BBC Children in need
Waterloo Foundation
Catch up
Transformation Fund Programme I
The Big Lottery
Moondance Foundation
Money Matters Project
Carers support Fund
Carers Community Outreach
Discharges Service
Carers Hospital Discharge Support
Service
Am5er
Moments
Adferiad
13,050
75,OCM)
10.440
60.￿0
84,717
113,0501
175,000)
117,954)
(14)
184,717)
(18)
(161,539)
{10,500)
{35,445)
(120,850)
(7.5141
59,986
(18)
4,721
{10,500)
166,260
35,445
121,512
662
55.523
(55,523)
ioo,o¢y)
122,683
9.175
20.000
(99,356)
(119,138
{9,175
(20.IX)O }
3,545
873,805
(822,279
51,526
TOTAL FUNDS
3,124,084
(3,127,5181
{3,4341
Page 28
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements- contlnued
for the Year Ended 3tst March 2024
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted fund5
General fund
645,502
(97,776 }
547,726
Re5trirted funds
Young Adult Carers
cr Welsh Government Carers Support
Fund
BBC Children in need
Waterloo Foundation
Transformation Fund Programme I
The Big Lottery
MOOndan￿ Foundation
10,000
iio,000 }
7,500
7,982
(7,500)
2,031
(4691
(604)
113,875)
10,500
10,013
14
18
622
13,875
10.500
40,462
119,917)
20,545
TOTAL FUNDS
685,964
1117,693)
568,271
Page 29
continued.

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements - continued
for the Year Ended 31st March 2024
15.
MOVEMEKf IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
2,283,152
(2,380,928)
<97,776)
Restricted funds
Young Adult Carers
Outreach Support Work
crwelsh Government Carers Support
Fund
Investors in carers
Carers Information Service
cusp
8BC Children in need
Waterloo Foundation
Catch up
Transformatlon Fund Programme I
Hospital Discharge Project
The Big Lottery
ICF Respitality
CCC Resilience
CCC Resilience - Hafan Glyd
Carers Trust
Pembrokeshire association of
voluntary services
Moondance Foundation
Carers Rights Day
23,093
126,659
{33,093)
(126,659)
{io,0001
91,678
70,678
65,070
2,121
44,386
23,732
85,558
(99,178)
(70,678)
(65,070
{2,121
(42,3551
(24,2011
(85.5581
(6041
182,9441
1149,1341
137,827)
187,947)
140,550)
16,067)
17,5001
2,031
(469)
(604)
82,944
135,259
37,827
87,947
40,550
6,067
{13,875
8,984
36,413
6,208
{8,984)
(25,913)
{6,208}
10,5OJ
975,174
(995,0911
119,917)
TOTAL FUNDS
3,258,326
(3,376,019) {117,6931
Page 30
continued...

Carer5 Tru
d W st Wales Ltd
h Financlal Statements - contlnued
for the Year Ended 31st March 2024
15. MOVEMENT IN FUND5- continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
645,502
{152,736}
492,766
Restricted funds
Young Adult Carers
Welsh Government Carers Support
Fund
BBC Children in need
Waterloo Foundation
Transformation Fund Programme I
The 8ig Lottery
Carers Support Fund
Carers Hospital Discharge Support
Service
Amser
10.000
{io,ooo)
7,500
7,982
483
622
13,875
(7,500)
(5,483)
59,517
(622)
19,154)
662
2,499
60,000
4,721
662
644
3,545
644
3.545
40,462
31,609
72,071
TOTAL FUNDS
685,964
(121,127
564,837
Page 31
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
15. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in
the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
4,533,431
(4,686,167)
(152,736)
Restricted funds
Young Adult Carers
Outreach Support Work
Welsh Government Carers Support
Fund
Investors in carers
Carers Information Serwice
cusp
BBC Children in need
Waterloo Foundation
Catch up
Transformation Fund Programme I
Hospltal Discharge Project
The Big Lottery
ICF Respitality
CCC Resilience
CCC Resilience- Hafan Glyd
Carers Trust
Pembrokeshire association of
voluntary service5
Moondance Foundation
Money Matter5 Project
ca￿r$ Rights Day
ca￿r$ Support Fund
Carers Community Outreach
Discharges Service
Carers Hospital Discharge Support
Service
Am5er
Moments
Adferiad
36,143
126,659
146,143)
1126,659)
(io,000}
91.678
145,678
65,070
2,121
54.826
83,732
170,275
199,178)
1145,678)
165,070)
12,121)
{60,309 }
(24,2151
1170,275)
16221
182,9441
1310,6731
137,827)
187,947)
140,550)
16,067)
(7,5001
15,483)
59,517
(622)
82,944
301,519
37,827
87,947
40,550
6,067
(9,154)
8,984
36,413
35,445
6,208
121,512
18,984}
136,413 }
135,4451
16,208)
(120,850)
662
55,523
155,523)
loo,000
122,683
9,175
20,000
199,356
(119,1381
(9,1751
120,0001
644
3,545
1,848,979
(1,817,370)
31,609
TOTAL FUNDS
6,382,410
16,503,537) (121,127)
Young Adult Carers Grant funding received as a restricted fund for the provision of support for
young adult carers, includingtrips and youth clubs.
Page 32
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Flnancial Statements - continued
forthe Year Ended 31st March 2024
MOVEMENT IN FUNDS - continued
Outreach Support Work - Grant funding received as a restricted fund for the provision of outreach
information, advice and support and to carers in the community.
Investors In Carers Grant funding received as a restritted fund for the provision of an award
scheme that encourages Health, Social Care and other professionals to adopt and promote best
practices and support services.
Carers Information servi￿ - Grant fundlng received as a restrlcted fund for the provision of support,
training and advi￿ to carer5.
CUSP - Grant funding received from Carmarthenshire united support project to support people to
live well and independently.
BBC Children in need Grant funding received as a restricted fund for the provision of support to
young carers.
Carers Support Fund/Welsh Government Carers Support Fund Grant funding received as
restritted fund for the provision of support for carers, across Carmarthenshire and Pembrokeshire,
experiencing financial hardship.
Catchup Grant funding received as a restricted fund for the provision of a range of services that
promote social inclusion through general advice and support with welfare benefits.
Transformational Project to enhance the Information, advice and support services to meet
additional demand.
Hospital Discharge Project - ICF funding to manage a pilot project from Jan 2020 to March 2021 in
partnership with HDUHB.
The Big Lottery - Grant funding re￿iVed to provide specific support to young adult carers and young
carers.
ICF Respitality- Grantforthe provision of short breaks for carers.
CCC Resilience Grant funding received as a restricted fund for the provision of additional support
for carers.
CCC Resilience
Hafan Glyd Grant funding re￿iVed as a restricted fund for the provision of
additional support for carers.
Carers Trust - Grant funding for Carers from the Carers Trust fund.
Pavs (Pembrokeshire Association of Voluntary Services) Regional Innovation Funded project with
the primary aim to alleviate financial stress through assisting with maximisation of income.
Waterloo - the project is a Saturday Club for children and young people which aim5 to provide them
with a safe and supportive environment to playi socialise and develop friendships.
Page 33
continued...

Carers Trust Crossroads West Wales Ltd
Notes to the Financial Statements- contlnued
for the Year Ended 31st March 2024
15.
MOVEMENT IN FUND5- contlnued
Moondance/Moments
the funding is to enable us to provide play and social opportunities for
children and young people with leaming disabilities and autism aged 5-25-year-olds.
Money Matters Project Welsh Government funding via Carers Trust Wales to deliver a Money
Matters Project for unpaid carers in Carmarthen5hire and Pembroke5hire.
Carers Hospital Discharge Support servi￿ & Carers Community Outreach Discharge - Joint funded by
RIF and in partnership with HDUHB until 31 March 2024.
Amser - Welsh Govemment Grant funding to provide short breaks to Carers and their family with
break tailored to meet the needs of the individual. together with providing a Saturday Club for
young people with additional needs.
Adferiad - Grant funding received to provide information and advice to unpaid Carers.
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2024.
Page 34

Carers Trust Crossroads West Wales Ltd
Detailed Ststement of Financial Actfvities
for the Year Ended 31st M rch 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donations arKI legacies
Donations
Other services provided
4,396
470
3,256
623
4,866
3,879
Investment income
Deposit account interest
3,953
1,274
Charitable activitie5
Grants
Local Authority Replacement Care Contracts
Hywel Dda Adult Spot
Private clients
Hywel Dda Childrens Continuing Care
Local Authority Childrens
Local Authority Personal Care
Summer & After school club 5e55ion income
Local Authority Community Support
Direct Payments
Ceredigion CC Framework
Gofalwyr Ceredigion Carers
Advocacy
Carers Trust
Community Home Support Service
864,230
1,016,426
591,393
38,601
57,563
169,009
127,920
9,175
72,205
1,946
77,351
30,778
12,882
30,183
15,603
928.699
1,040,641
407,491
44,995
79,137
140,144
150.376
1,680
118,170
19,247
69,004
32,753
9,648
3,IIS,265
3.041,985
Other income
Other Income
211.188
Total incoming resource5
3,124,084
3.258,326
EXPENDITURE
Charitable actlvltles
Wage5
Pensions
Carried forward
2,464,374
143,060
2,607,434
2,626,646
152,214
2,778,860
This page does not form part of the statutory financial statements
Page 35

Carers Trust Crossroads West Wales Ltd
Detailed Statement of Financial Activities
for the Year Ended 31st March 2024
31.3.24
31.3.23
Charttable activities
Brought forward
Travel & attivities expenses
Training
Protertive clothing & ID
Payroll fee
Carers Trust grants
Professional and consultancy fees
Bereavement & Intervention
2,607,434
186,565
4,484
43
5,765
52,951
1,348
2,778,8f>O
188,820
10,004
237
5,652
89,278
1,204
6,631
2,858,630
3,080.686
Support costs
Management
Other operating leases
Light and heat
Telephone
Postage and stationery
Office rent
Affiliation fees
IT management system
Photocopying
Sundry expenses
Bank charge5
Insurance
Depreciatlon
Audit and accountancy fees
Premises repairs & upkeep
Computer and website costs
Professional and consultancy fees
Advertising
Gifts
Dues & Subscription5
28,542
10,616
31,508
7,985
47,134
5,500
43,933
20,042
2,933
1,327
13,031
12,452
17,875
7,698
768
4,639
6,394
1,765
3,101
24,180
8,372
30,596
15,894
56,849
5,933
34,531
33,312
1,294
667
18,953
12,189
16,963
10,310
1,809
3,775
13,025
1,965
3,221
267,243
293,838
Govemance c05t5
Auditors, remuneration
1.645
1,495
Total resources expended
3,127,518
3,376,019
Net expendlture
(3,434) (117,693)
This page does not form part of the statutory financial statements
Page 36