Crossroads Care Nl TRUSTEES. ANNUAL REPORT forthe finanoal y88r ended 31 M8rth 2024 The Ituslees present their Trustees, Annual Report. eornblning Ihe Dlr8Ctor5' Report and Trusto85' Report. and th8 audited financial st8tgments for the financial year end8d 31 March 2024. The financial stslements are prepared in accordan with the Cornpanies Act 2006, FRS 102 'Trg Financlal Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applirAble to charlties preparing Ihelr financial statements In accordance wilh the Financial Reporting Stsndard applicable in the UK and Republic of Irelan(J IFRS 1021. The Trustees. Report ¢ontain5 the Information required to be prowded in Ihe Twstees, Annual Report under the Statement of Re¢ommend8d practi ISORPI guideline5. The Injslees of (he company are a150 charily trustees for thè purpose of charity law and under the company's constitution are known a5 members of tho board of truslees. In thls report the trustèes of Crossroads Care Nl present a summary of its purpose. govomanc8, activities, chievemenls and finan¢9s for the financial financial year 31 March 2024. The charity is 8 gistered tharity and hence the report and results are presented in a form which complies with th& requirements ol the Companies Act 2006 and. allhough not obliged to comply with the Statement of RtreommendeEI Practice applicable in Ihe UK and Republlc of Ireland FRS 102. the organi5ation has irnplornenled its recommendations where relevant in these fjnancial stalernents. Mlsslon. Objec¢ives and Strategy Objectlves The objects of the Company are, for the public benefit, to lIeVe the stresses experienced by carers of all ages and peopl8 with physkal. m8ntsl or sansory impaimient within the family or home by offering a resplte servke through the prov15ion of comrnunity based care atlendanls and. at the dis¢tIon of thè boarij and in eXpIlonal circumstances. lo provide such eare attendants for disabled people alone. ACHIEVEMENTS AND PERFORMANCE In the ¢UTrent econornic Climate. ¢ontinue to have ch811enging times in the Domiciliary Care sector. Cornmunlty Care hours have 5te8died somewhal allhough generally. only essential domicili3ry services are adIlY available. At the beginning of this year the living wage increased by £0.92 P8F hour. This harj a very 5igniftcanl impact on the r7urnber of wages being p8id each month. Unlortunalely, the trust only In¢aSed the hourly r8t8 by £0.46 which left a considerable defiGIt in funding. Our Young Carers projed has conllnued with steady progress durfng the year wlth outlngs and events continuing to grow. We have be8n extremely happy wth the funding and speciff¢ grant aid ieeeived for th? Young Car8r5 Project during fhe year. Th• In Your Prlme prolect conlnues to provide suppx)rt through tho proiect. although fijnillng during thls year has been down. We are still actsvely looking for more lundlng for this project and Volunteers to eontinu8 this vital work. The Activity and Sensory Room project has grown Ihls year. With increased services due to fundlng, the ¢hildren have benefited from the Holiday ProjeGI Sch8rne funded by the LFf Trust. We ¢onth"nue to aetively 58ek to secure lulure fvnding for the Activity and SensDry Roorn to update aqulprnenl for the Chlldren. A Significant developrn8nt this year ha5 been the opening of our first Chadty shop. This 8nd£avour Is showirrtj great success, and thi5 is malnly down to the volunteers that operate the shop on a daily basi¥. Wg aim lo continue to grow this venture. stru¢ture. Gov8rnance and Management Structure GOVERNING DOCUMENT The charity 15 a company limited by guarantee and Is govarn8d by Its Mamorandum and AJtlcl8s of Asso¢iatlon dated 1998. Thè trustees ol Crossroads ensure that the Charity complies wllh the governing document. Tru5tges also makè sure ¢hal charity law quirements and other laws that apply to the ¢hartly are complie<l wilh. Crossraad5 governing docurnent dedare that.. What the Chari exlsts to do lils ur ose as ex laln8d in the ob'e¢ts clause Is adhered to.
Crossroads Care Nl TRUSTEES, ANNUAL REPORT for lh8 financial yesr ended 31 March 2024 What powers il has lo further ils objects - How many Irustees there should be and how they are appointed and rernDved Rules about trustees, meetings. how Ihey are arranged and conducted and recorded - How to close down the charity The directors who served d¢Jring ihe year were.. B Patterson- Chairman E Stewart- Treasur8r M Traynor- Vice Chairman L Martln - Secretary D Barclay S McQuaid A Gallagher P Bryans A Campbe M Bennett The organisallon is govemed by the direclors who are selected by norninatlon to the board. Afi major deeisions are made by the directors who are responsible for the oversight and good governance of the Charity. Oay to day opErdlional decislons aro delegated to th8 Chlef Executive Olcer. APPPOINTMENT OF TRUSTEES Trustees ar8 appointed in line with the Mèrnorandum & Artides of Crossroads. Four Iruslees are elected annualty by the other ¢Nstees of the charity attending Ihe Annual General Meeting to hold posillons of Chairman. Vic&Chair, Treasu1 and Secretary. The trustees hav& powers to ¢wpt up lo iwo further members to fill specialist role5. Govemance TRUSTEE INDUCTION AND TRAINING New Iruslees undergo an ortentaiion day lo brief them on.. Their legal obligatlons untler charily and company law Informing the new Iruslee on the content ol the Memorandum and Artides of Asstiaation The wmrnillee and the d8¢ision making processes The r8cent financial performance of the chaMIy During the induction day Ihey will meet key employees an¢Y olher Iru5tees Trusteas are eTrcourag8d to attend appropriate exteinal training events to holp with their role as trustee ORGANISATION AND COMMirrrEES Crossroad5 Iruslees meat quartedy, but if a p8rt(cular subjoct needs fvrther work Ihen an 8xlraordinary m&g1ing is called. At Certain tirnes a sub.committee. il needèd. is e5¢abllshed to take on specmc ¥esponsibilltiès and lo make recommendations to Ihe rnain board. An organisallonal chert Is attached showlng thè slrudure of tho oryanisallon whereby the board has overall responsibility of Crossroads. RELATED PARTIES AND CO-OPERATION WITH OTHER ORGANISATIONS Crossroads have a partnership wlth the British Medlcal Assodation INI) dating back many years. The BMA hav8 been supportive of the work ol Crossroads and have entered into partnership for th8 Young Carers proje¢l and the In Your Prime project. The majority of Crossroads domlelliary work 13 fvnded through wnlracts wth Health and Sociol C8Te Trusts. PAY POLICY FOR SENIOR STAFF Directors are unpèid volunteers who have independent control over, and legal responsibility for. the manayement and adminT5tralion of Crossroads. remun8ration. The Dlr8Ctor8 of Crossroad5 glvg of Ihelr tlme freely and no director receivès The Senlor management teatn are the key personnel In tharge of th• operallons and day to day business of the charity. Senior staN ar8 appointed at a salary Ihat Ss deern8d rfasonable for the positlon. staff is not increased nor revlewed. The p?y oTth8 sensor
Crossroads Care Nl TRUSTEES. ANNUAL REPORT for the financial yoar gnded 31 March 2024 RISK MANAGEMENT Crossroads have 4 ISO'S- Inlemallonal Ory8nisatlon farstandardlsation A s18ndard is a document that prowdes requirernents, spècificalions, guidelin8s or ¢haiacleri51ic5 th21 can be used conslstenlly to ensure proees5es and services are fll lor their purpose. IS09001 Quality Managomènl System ISO 27001- Infomialion Security Management System ISO 74001- Envlronmenlal Manaoernenl System OHSAS 18001- Health & Safety Management Systam Crossroads review on a r8gular basls thè princlpal risks 8nd uncertalntEes of the OFg3nlsation Poliries, systems and procedures are in place to rnitigate risks identified in the remew FrOdureS are irnplemenled to rninimise or manage any potanlial impact on Crossroads should risk5 materiallse Finandal 5USiainabillty 15 the major risk for Crossroads and regular review5 are undertaken lo ensure liquid funds lo settle d&bts as they fall due are available Non-financlal Thsks such as fire, heallh& safety. arFd food hygiene 8re rnanage<l by en5urfng accreditation is UP to date Finan¢ial R8vrew PRICING POLICY The cost for Domiciliary Cara yervSce is decided by each Health Twst. The Trusts set the hourly rate that Ihey will y for our service. There is no negotiation they operate on a lake it or leave it. poll¢y. Crossroads are aware through auditors how much an hourol cost and it is seldorn the cost per hour that the Trust offers. The care rates offered by the Trust Board for (he financial year 2023-2024 was merely £0.46p per care hour increasing by only 30A, and dlsappoinlingly no further increase currently predicted lorAprll 2024. Th• Board a happy wth Ihe results for the year. W8 have undertaken a significant rew8w of our incomè and expenditure during the year. This process highlighted a number of areas where we havg b88n able lo implernent cost savings during th8 year, butwhich wll also generate further savings in the coming year. INVESTMENT POWERS AND POLICY Trustees have powers to invest and havg chosen lo buy property as an investment as well as a facility for operauonal maiters. RESERVES POLICY AND GOING CONCERN The Trustees expect that there are reseNts of 3 months operating monies. Any surplu5 a5sels of the company sh811 be applied solely lo creating a general reserve for tre conlinuats'on and dèveloprnent of the company. PLANS FOR FUTURE PERIODS It 15 Crossroads Intention to continue and bulld upon th8 domiciliary work that wg undertake including self4irect¢d support. WE will a150 continuo to diversify in our ¢haritsble work by applwng to grant making bodies and trusts. We fully intend to continue our support of Young Carer5 in Northern Ireland and our In Your Prirne project. Results and Dividends At the end ol thè financial year thè charity has assets of £1,317,61512023 - £1.303.8861 and Ilabllltios ol £109,604 12023- £108,9781- The nel a55ets of the charity have increased by £13.103.
Crossroads Care Nl TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 Trustees The current trustees are as set QLrt an page 3 Loma Martin P8ter Bryans Allison Carnpbell M8ggie Bennett Anne Gallagher David Barclay Marian Traynor Esther Stewart Brian Patter50n Sean McQvaid In accordance wilh the Constitution. the twslees retire by rotation and, being ellglble, offer themselS for rwl8cUon. Tha s8¢r8tarywho served durfng the fInan¢ial year was: Loma Martin ComplSanBe with Sector-wlde Leglslètlon and Standards The ch8rily engages pro-actively with legislallon, standards and codes which are developed for the sector. Crossroads Car8 Nl subscrlbes to and Is compliant wlth the following: Th8 Cornpanies Act 2006 The Chadti&s SORP IFRS 102) The Audltors Daly Park & Cornpany Llmlted, {Chartered Accounlantsl, were appointed auditors by the trustees to fill th8 casual vacancy and they have expSSed their willingness to CDnlinue In office in accord8ncg with the provisions of Section 465 oflhe Companles Act 2006. Apprgved by th& Board of Trustees on 17 June 2024 and slgn8d on Its behalf by: rl n Patterson Dlrector Esther Stewart Dlrector
Crossroads Care Nl STATEMENT OF TRUSTEES, RESPONSIBILITIES for the finanoal year ended 31 March 2024 The trustees, who are also direclois ol Crossroads Care Nl foT the purposes of company law. are responsible for preparfng the flnanclal statements in accordance wlth appllrable law and regulation3. Company law r8quire8 the trustees as the directors to prepare finanGial statements for each financlal year. Under that law th8 tnjslees hav6 818cled to prepare th8 fin8nclal slalements in accordance wlth Unlted Kingdom Generally Accepied Accounting Practice (United Kingdom Accounting Standards and applicablg lawl induding FRS 102 'Th9 Financial Reporlng Standard applicable in the UK and Republlc of Ireland. Section 1A (Small Enlili851. Under cornpany law the trustees must not approve the finanaal statements unless Ihey are sati3fied that they glve a true and lairview of thg state olaffairs of the company anil of the profit or loss of trg companyforthat perlod. In preparing these financial slat¢rnents, tho tnjstees are requlred to: select suitablB accounting pollcles and apply them conslslently., observe the methods and principles In the Charities SORP rnake ludgemenls and ac¢ounling estimates that are reasonable and prudent., slate whether the flnanual 518tements have been prepared in accordance with applicable accounting Standards, identify those standards, and note th8 8ff8ct and the reasons for sny malerl81 departuro frorn th0$8 stsndards-. and prepare the financial statements on the going concem basi5 unl8ss Il is inappropriat8 to presume that the charity will continua In operation. The trustees are responslble fvr keeplng adequate accounting records that are sufficient lo show and explaln the charitys tr2nsatttion5 and disclose th r8asonable accuracy at any time the financial positlon of th8 ch8rily and enable them to ensure that lh8 financial slalements comply with the Cotnpanies Act 2006 and. They are also re5ponslble for safeguardlng the assets of th8 charfty and hence for taklng reasonable slep5 for thè prevention and detecllon offraud and Olher irregul8rities. In so far as the twstees are aware: there Is no relevant audit Information linformation needed by the charity's audltor In connectlon wllh preparing the audltols r8POrtI of whlch the charity's audilor Is unaware. and the trustees have taken all the steps that they ought tr) have taken as ItU5tee5 in order lo make Ihemselves aware of any relèvant audit inlormation and to g$tablish that the charity's auditor is awa of that information. Approved by the Board of fru5tees on 17 June 2024 and Signed on Its behalf by.. ria atterso Director Esther Stewart Dlre¢tor