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2021-12-31-accounts

Charity number: 1134495

Company number: 07087291

(England and Wales)

CROSSROADS WOMEN

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 December 2021

CROSSROADS WOMEN Contents Page For the year ended 31 December 2021

Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 12
Detailed Statement of Financial Activities 13 to 15

CROSSROADS WOMEN Report of the Trustees For the year ended 31 December 2021

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity CROSSROADS WOMEN Charity registration number 1134495 Company registration number 07087291 Principal address 25 Wolsey Mews London NW5 2DX

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Selma James Caroline Begue Solveig Marie Francis Claire Rachel Glasman Cristel Amiss Sylvia Carrie Salley Independent examiner Emmanuel Mensah FMAAT Ground Floor West Office 10 Nicholas House, River Front Enfield EN1 3TF Bankers Lloyds Bank plc Kilburn Branch PO Box 1000 BX1 1LT

Approved by the Board of Trustees and signed on its behalf by

............................................................................. Solveig Marie Francis - Trustee

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CROSSROADS WOMEN Independent Examiners Report to the Trustees For the year ended 31 December 2021

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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

Independent examiners statement

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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

Emmanuel Mensah FMAAT Ground Floor West Office 10 Nicholas House, River Front Enfield EN1 3TF

Date: 12 Sep 2022

2 of 15

CROSSROADS WOMEN

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2021

Income and endowments from:
Notes
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
5
Other income
6
Total
Expenditure on:
Raising funds
7
Charitable activities
8/9
Other expenditure
Total
Net income/expenditure
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
12,170
1,737
-
71
-
13,978
-
(14,687)
(3,121)
(17,808)
(3,830)
84,388
80,558		 Restricted
funds
£
62,950
51,564
-
-
-
114,514
-
(89,884)
-
(89,884)
24,630
1,164,365
1,188,995		 2021
£
75,120
53,301
-
71
-
128,492
-
(104,571)
(3,121)
(107,692)
20,800
1,248,753
1,269,553		 2020
£
90,553
105,884
360
-
2,567
199,364
(1,378)
(210,102)
(4,990)
(216,470)
(17,106)
1,265,859
1,248,753

3 of 15

Registered Number : 07087291

CROSSROADS WOMEN Statement of Financial Position As at 31 December 2021

Notes
Fixed assets
Tangible assets
13
Current assets
Debtors: amounts falling due within one year
14
Debtors: amounts falling due after more than one year
14
Cash at bank and in hand
Creditors: amounts falling due within one year
15
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Restricted income funds
16
Unrestricted income funds
16
Total funds		 2021
£
1,026,173		 2020
£
1,026,173
1,026,173 1,026,173
5,136
998
289,272		 3,645
-
241,659
295,406 245,304
(52,026)
243,380		 (22,724)
222,580
1,269,553
1,269,553
1,188,995
80,558		 1,248,753
1,248,753
1,164,365
84,388
1,269,553 1,248,753

For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Solveig Marie Francis Trustee

4 of 15

CROSSROADS WOMEN Notes to the Financial Statements

For the year ended 31 December 2021

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.

CROSSROADS WOMEN 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(s).

2. Income from donations and legacies

Donations received
Grants received		 Unrestricted
funds
£
12,170
-
12,170		 Restricted
funds
£
300
62,650
62,950		 2021
£
12,470
62,650
75,120		 2020
£
19,958
70,595
90,553

5 of 15

CROSSROADS WOMEN

Notes to the Financial Statements Continued For the year ended 31 December 2021

3. Income from charitable activities

Women's Centre for All
Use of Premises / Room Hire
Financial Services/Consultations
Repayments for use of Services
Postage
Copying & printing
Lunches/refreshments
Phone/broadband
Grants In/Out - Other Groups
Persula Foundation
Roughley Trust
Donation
Appeals In/Out
Persula for Xmas Appeal
Xmas Appeal donations
Xmas Appeal - PayPal
Xmas Appeal - Stripe
African Women’s Group (AAWG)
Blue Thread (All African
Women's Group)
Sainsburys (All African
Women's Group)		 Unrestricted
funds
£
-
1,500
1,500
237
-
-
-
237
-
-
-
-
-
-
-
-
-
-
-
-
1,737		 Restricted
funds
£
18,690
-
18,690
-
3,933
3,012
3,580
10,525
-
-
-
-
2,000
-
1,894
5,955
9,849
5,000
7,500
12,500
51,564		 2021
£
18,690
1,500
20,190
237
3,933
3,012
3,580
10,762
-
-
-
-
2,000
-
1,894
5,955
9,849
5,000
7,500
12,500
53,301		 2020
£
18,110
3,152
21,262
4,039
4,740
5,796
4,020
18,595
33,000
5,000
17,355
55,355
2,000
6,385
2,078
209
10,672
-
-
-
105,884

4. Income earned from other activities

Fund raising events

2021
£
-
-		 2020
£
360
360

6 of 15

CROSSROADS WOMEN Notes to the Financial Statements Continued For the year ended 31 December 2021

5. Investment income

Unrestricted funds
Bank interest receivable
6. Other income
Other income - HMRC Gift aid Claim
Other Income - Loans IN
Other Income - Bank Charges Refund
Other Income - (Floats in & Amazon
7. Expenditure on generating donations and legacies
Support costs		 2021
£
71
71
2021
£
-
-
-
-
-
2021
£
-
-		 2020
£
-
-
2020
£
998
100
1,223
246
2,567
2020
£
1,378
1,378

8. Costs of charitable activities by fund type

osts of charitable activities by fund type
Women's Centre for All
Grants In/Out - Other Groups
Appeals In/Out
AAWG
Support costs		 Unrestricted
funds
£
-
-
-
-
14,687
14,687		 Restricted
funds
£
73,035
-
11,587
5,262
-
89,884		 2021
£
73,035
-
11,587
5,262
14,687
104,571		 2020
£
79,913
54,000
54,760
-
21,429
210,102

7 of 15

CROSSROADS WOMEN

Notes to the Financial Statements Continued

For the year ended 31 December 2021

9. Costs of charitable activities by activity type

Activities Grant Support 2021 2020
undertaken funding of costs
directly activities
£ £ £ £ £
Support costs
Women's Centre for All 73,035 - 14,687 87,722 101,342
Grants In/Out - Other Groups - - - - 54,000
Appeals In/Out - 11,587 - 11,587 54,760
AAWG 5,262 - - 5,262 -
78,297 11,587 14,687 104,571 210,102

10. Analysis of support costs

Women's Centre for All
Management
Finance & Bookkeeping
Insurance
Maintenance & repairs
Postage
Utilities: Electricity, Gas
& Water
Business Rates
Building Capacity
Governance costs		 2021
£
1,973
1,215
1,696
2,467
419
1,496
4,197
-
1,224
14,687		 2020
£
1,502
1,588
1,737
7,617
193
3,414
3,314
1,378
2,064
22,807

11. Particulars of employees

Support Staff 2021
3
3		 2020
3
3

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CROSSROADS WOMEN to the Financial Statements For the year ended 31 December 2021

Notes to the Financial Statements Continued

12. Comparative for the Statement of Financial Activities

Unrestricted Restricted 2020
funds funds
£ £ £
Income and endowments from:
Donations and legacies 19,623 70,930 90,553
Charitable activities 3,152 102,732 105,884
Other trading activities 360 - 360
Other income 2,567 - 2,567
Total 25,702 173,662 199,364
Expenditure on:
Raising funds (1,378) - (1,378)
Charitable activities (21,429) (188,673) (210,102)
Other expenditure (1,376) (3,614) (4,990)
Total (24,183) (192,287) (216,470)
Net income/expenditure 1,519 (18,625) (17,106)
Reconciliation of funds
Total funds brought forward 82,869 1,182,990 1,265,859
Total funds carried forward 84,388 1,164,365 1,248,753

13. Tangible fixed assets

Cost or valuation
At 01 January 2021
At 31 December 2021
Net book values
At 31 December 2021
At 31 December 2020		 Office
Building-25
Wolsey Mew
£
1,026,173
1,026,173
1,026,173
1,026,173

9 of 15

CROSSROADS WOMEN Notes to the Financial Statements Continued For the year ended 31 December 2021

14. Debtors

Amounts due within one year:
Other debtors
Amounts due after more than one year:
Other debtors
Creditors: amounts falling due within one year
Other creditors
Accruals and deferred income		 2021
£
5,136
5,136
998
998
2021
£
13,802
38,224
52,026		 2020
£
3,645
3,645
-
-
2020
£
-
22,724
22,724

15. Creditors: amounts falling due within one year

16. Movement in funds

Unrestricted Funds

Balance at Incoming Outgoing Balance at
01/01/2021 resources resources 31/12/2021
£ £ £ £
General
General 84,388 13,978 (17,808) 80,558
84,388 13,978 (17,808) 80,558
Unrestricted Funds - Previous year
Balance at Incoming Outgoing Balance at
01/01/2020 resources resources 31/12/2020
£ £ £ £
General
General 82,869 25,702 (24,183) 84,388
82,869 25,702 (24,183) 84,388

10 of 15

CROSSROADS WOMEN Notes to the Financial Statements Continued For the year ended 31 December 2021

Purpose of unrestricted Funds

General

Theses are unrestricted funds to be applied at the discretion of the trustee board and within the context of the objects of the charity.

Restricted Funds
Balance at Incoming Outgoing Balance at
01/01/2021 resources resources 31/12/2021
£ £ £ £
Restricted Funds 1,164,365 114,514 (89,884) 1,188,995
1,164,365 114,514 (89,884) 1,188,995
Restricted Funds - Previous year
Balance at Incoming Outgoing Balance at
01/01/2020 resources resources 31/12/2020
£ £ £ £
Restricted Funds 1,182,990 173,662 (192,287) 1,164,365
1,182,990 173,662 (192,287) 1,164,365
Purpose of restricted funds
Restricted Funds
For Restricted Activities
17. Analysis of net assets between funds
Tangible Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £
Unrestricted funds
General
General - (942) (942)
Restricted funds
Restricted Funds 1,026,173 244,322 1,270,495
1,026,173 243,380 1,269,553

11 of 15

CROSSROADS WOMEN Notes to the Financial Statements Continued For the year ended 31 December 2021

Previous year
Tangible Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £
Unrestricted funds
General
General - (2,064) (2,064)
Restricted funds
Restricted Funds 1,026,173 224,644 1,250,817
1,026,173 222,580 1,248,753

12 of 15

CROSSROADS WOMEN Detailed Statement of Financial Activities For the year ended 31 December 2021

INCOME AND ENDOWMENT
Donations and legacies
Donations from GYE
Donations from individuals
Gift Aided Donations & Claims
ACTS
Donations - Rock 'n Roll Rescue
Donations - Other
Big Lottery Fund
Community Infrastructure Levy
Charitable activities
Use of Premises / Room Hire
Financial Services/Consultations
Complementary Clinic
Information
Asylum fares
Postage
Copying & printing
Lunches/refreshments
Phone/broadband
Persula Foundation
Roughley Trust
NSCCT - BWRAP
Grants & Donations - Other Groups
Persula for Xmas Appeal
Xmas Appeal donations
Xmas Appeal - PayPal
Xmas Appeal - Stripe
Blue Thread (All African Women's Group)
Sainsburys (All African Women's Group)
Other trading activities
Fund raising events
Investments
Bank interest receivable
Other income
Other income - HMRC Gift aid Claims
Other Income - Loans IN		 2021
£
1,196
4,682
1,083
300
4,000
1,209
62,650
-
75,120
18,690
1,500
-
-
-
237
3,933
3,012
3,580
-
-
-
-
2,000
-
1,894
5,955
5,000
7,500
53,301
-
-
71
71
-
-		 2020
£
6,125
10,218
3,280
335
-
-
60,335
10,260
90,553
18,110
2,000
1,142
10
4,039
-
4,740
5,796
4,020
33,000
5,000
17,000
355
2,000
6,385
2,078
209
-
-
105,884
360
360
-
-
998
100

13 of 15 This page does not form part of the statutory financial statements

CROSSROADS WOMEN Detailed Statement of Financial Activities Continued For the year ended 31 December 2021

Other Income - Bank Charges Refunded

Other Income - Bank Charges Refunded
Other Income - (Floats in & Amazon Refund)
Total incoming resources
EXPENDITURE
Charitable activities
Childcare and Playgroup costs
Equipment: Computer, Furniture
Complementary Health Clinic
Information and Research
Lunch and Refreshments
Events & Eleanor Rathbone
Print and Copying
Stationery & Computer supplies
Training
Travel: Volunteers
Travel: Self-help asylum fares
Telephone and Broadband
Payroll costs
Oral History Project
Cost of direct charitable activity
Cost of direct charitable activity
Appeals & Donations - Out
Cost of direct charitable activity (AAWG)
Other
Loan (to Petty Cash)
Other resources expended
Other Expenses (BWRAP - Overpayment
Refund)
Other expenses
SUPPORT COSTS
Management
Health and safety
Bank charges
Finance & Bookkeeping
Finance & Bookkeeping		 -
-
-
128,492
-
(2,219)
(619)
(643)
(2,108)
-
(6,498)
(1,027)
(400)
(456)
-
(7,137)
(50,513)
(1,415)
-
-
(11,587)
(5,262)
(89,884)
-
-
(2,870)
(251)
(3,121)
(1,887)
(86)
(1,973)
(1,215)
(1,215)		 1,223
246
2,567
199,364
(329)
(2,159)
(1,077)
(213)
(3,991)
(237)
(7,194)
(712)
(710)
(2,239)
(4,075)
(5,976)
(51,001)
-
(54,000)
(47,390)
(7,370)
-
(188,673)
(100)
(1,276)
(3,614)
-
(4,990)
(1,366)
(136)
(1,502)
(1,588)
(1,588)

Insurance

14 of 15 This page does not form part of the statutory financial statements

CROSSROADS WOMEN

Detailed Statement of Financial Activities Continued For the year ended 31 December 2021

Insurance
Maintenance & repairs
Maintenance & repairs
Postage
Postage
Utilities: Electricity, Gas & Water
Utilities: Electricity, Gas & Water
Business Rates
Business Rates
Building Capacity
Building Capacity
Governance costs
Governance costs
Total resources expended
Net Income		 (1,696)
(1,696)
(2,467)
(2,467)
(419)
(419)
(1,496)
(1,496)
(4,197)
(4,197)
-
-
(1,224)
(1,224)
(107,692)
20,800		 (1,737)
(1,737)
(7,617)
(7,617)
(193)
(193)
(3,414)
(3,414)
(3,314)
(3,314)
(1,378)
(1,378)
(2,064)
(2,064)
(216,470)
(17,106)

15 of 15 This page does not form part of the statutory financial statements