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 eX￿pIlonal 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