Company Registratlon Number.. N1030717 Charity Number: 102188 Crossroads Care Nl Annual Report and Audited Financial Statements for the financial year ended 31 March 2025 Daly Park & Company Llmited Chartered Accountants and Registered Auditors 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Crossroads Care Nl CONTENTS Page Trustees, and Other Information Trustees, Annual Report Statement of Trusteès, Responsibilities Independent Audilorfs Report 9-11 Statement of Financial Activities 12 Balance Sheet Statement of Cash Flows 14 Notes to the Financial Statements 15-20
Crossroads Care Nl TRUSTEES. AND OTHER INFORMATION TrustOèS Lorna Martin Peter BryaT7S Allison Campbell Maggie Bennett Anne Gallagher Marian Traynor Esther Stewart Brian Patterson Sean McQuaid Company Secretary Lorna Martin Charity Number in Northern Ireland 102188 Company Registration Number N1030717 Registered Office and Prlncipal Address Kincade Martin House 432 Upper Newtownards Road Belfast County Anlrim BT4 3GY Northem Ireland Auditors Daly Park & Company Limited Chartered Accountant5 and Registered Auditors 4 Carnegie Street Lurgan Co. Armagh 8T66 6AS Northem Ireland Principal Bankers Danske Bank Donegall Square West Belfast Co. Anlrim BT1 6JS Northern Ireland
Crossroads Care Nl TRUSTEES. ANNUAL REPORT for the financi31 year ended 31 March 2025 The trustees present their Trustees, Annual Report. combining the Directors. Report and Trustees, Report. and the audited financial slalemenls for the financial year ended 31 March 2025. The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their financial slalements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practice {SORP} guidelines. The trustees of the company are also charity Iruslees for the purpose of charity law and under the company's conslilulion are known as members of the board of Iruslees. In this report the Iruslees of Crossroads Care Nl present a summary of its purpose, governanco, activities, achievements and finances for the financial financial year 31 March 2025. The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged lo comply with the Slalemenl of Recommended Practice applicable in the UK and Republic of Irèland FRS 102, the organisalion has implemented ils recommendations where relevant in these financial statements. Prlncipal Activlty Provision of domicili8ry car. mainly to the public sector. Mission. Objectives and Strategy Objectivès The objects of the Company are, for the public benefit. to relieve the stresses experienced by carers of all ages and people with physical, mental or sensory impairment within the family or home by offering a respite service through the provision of community based care allendan15 and, al the discretion of the board and in exceptional circumstances, lo provide such care altendanls for disabled people alone. ACHIEVEMENTS AND PERFORMANCE In the current economic climate, we continu8 lo have challenging limes in the Domiciliary Care sector. Community Care hours have steadied somewhat although generally, only essential domiciliary services are readily available. At the beginning of this year the living wage incre88ed by £1.02 per hour. This had a very significant imp8cI on the number of wages being paid each month. The trust increased the hourly rate by £1.47. Our Young Carers project has continued with steaoly progress during the year with outings and events continuing lo grow. We have been extremely happy with the funding and specific grant aid received for the Young Carers Project during the year. The In Your Prime project continues lo provide support through the project. although funding during this year has been down. We are still actively looking for more funding for this project and Volunteers to continue this vital work. The Activity and Sensory Room project has grown this year. With increased services due to funding. the children have benefited from the Holiday Project Scheme funded by the LFT Trust. We continue to actively seek to secure future funding for the Activity and Sensory Room lo update equipment for the Children. A significant development this year has been the opening of our second Charity shop. This endeavour is showing great success, and this is mainly down to the volunteers that operate the shop on a daily basis. We aim lo continue lo grow this venture. Structure, Governance and Management structure GOVERNING DOCUMENT The charity is a company limited by guarantee and is governèd by its Mernorandum and Articles of Association dated 1998. The trustees of Crossroads enstjre that the charity complies with the governing document. Trustees also make sure that charity law requirements and other laws that apply lo the charity are complied with.
Crossroads Care Nl TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 Crossroad5 goveming document declare Ihal.. What the charity exists lo do lils purpose as explained in the objects clause) is adhered to. Vvhal powers il has lo further ils objects How many Iruslees there should be and how they are appointed and removed Rules about Iruslees, meetings, how they are arranged and conducted and recorded How lo close down the eharrly The directors who setved during the year were.. M Traynor- Chairperson P 8ryans- Treasurer A Campbell- Vice Chairman L Martin - Secretary B Patterson S McQuaid A Gallagher E Stewart M Bennett The oryanisation is governed by the directors who are selected by nomination lo the board. All major decisions are made by the directors who are responsible for the oversight and good govern8nce of the charity- Day lo day operational decisions are delegated to the Chief Executive Officer. APPPOINTMENT OF TRUSTEES Trustees are appointed in line with the Memorandutn & Articles of Crossroads. Four trustees are elected annually by the other Iruslees of the charity attending the Annu81 General Meeting to hold positions of Chairman, Vice-chair, Treasurer and Secretary. The trustees have powers lo co-opt up lo two further members lo fill specialist roles. Governan¢e TRUSTEE INDUCTION AND TRAINING New Irusleès undergo an orienlalion day lo brief them on.. Their legal obligations under charity and company law Informing the new trustee on the content of the Memor8ndum and Articles of Association The committee and the decision making processes The recent financial performance of the charity During the induction day they will meet key employees and other Iruslees Trustees are encouraged lo allend appropriate external Ir8irning events to help with their role as trustee ORGANISATION AND COMMlfryEES Crossroads trustees meet quarterfy, but if a particular subject needs further work then an extraordinary meeting is called. At certain limes a sub-committee, if needed, is established lo lake on specific responsibilities and to make recommendations lo the main board. An organis81ional chart is attached showing the structure of the organisalion whereby the board has overall responsibility of Crossroads. RELATED PARTIES AND CO-OPERATION WITH OTHER ORGANISATIONS Crossroads have a partnership with the British Medical Association INI) dating back many years. The BMA have been supportive of the work of Crossroads and have entèr8d into partnership for the Young Carers project 2nd the In Your Prime project. The majority of Crossroads domiciliary work is funded through contracts with Health and Social Care Trusts. PAY POLICY FOR SENIOR STAFF Directors are unpaid volunteers who have independent control over, and legal responsibility for, the management and administration of Crossroads. remuneration. The Directors of Cr0s5road5 give of their lime freely and no director receives The senior management team are the key personnel in charge of the operations and day lo day business of the charity. Senior staff are appointed al a salary that is deemed reasonable for the position. The pay of the senior
Crossroads Care Nl TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2025 staff is not increased nor reviewed. RISK MANAGEMENT Crossroads have 4 ISO'S - International Organis81ion for Slandardisation A standard is a document that provides requirements. specifications, guidelines or characteristics that can be used consistently lo ensure processes and services are fil for their purpose. IS09001- Quality Managernenl System ISO 27001 Information Security Management System ISO 14001 Environmental Management System OHSAS 18001- Health & Safely Management System Crossroads review on a regular basis the principal risks and uncertainties of the organisalion Policies, systems and procedures are in place lo mitigate risks identified in the review Procedures are implemented lo minimise or manage any potential impact on Crossroads should risks materialise FinarTrcial suslainabilily is the major risk for Crossroads and regular reviews are undertaken lo ensure liquid funds lo settle debts as they fall due are available Non-financial risks such a5 fire, health& safety. and food hygiene are managed by ensuring accreditation is up lo dale Financial Review PRICING POLICY The cost for Domiciliary Care service is decided by each Health Trust. The Trusts sel the hourly rale th81 they will pay for our service. There is no negotiation they operate on a 'take il or leave it, policy. Crossroads are aware through auditors how much an hour of cost and it is seldom the cost per hour that the Trust offers. The care rates offered by the Trust Board for the financial year 2024-2025 was merely £1.47p per care hour increasing by only 7.6010. and no further increase is currently predicted for April 2026. The Board are happy with the results for the year. We have undertaken a significant review of our income and expenditure during the year. This process highlighted a number of areas where we have been able to implement cost savings during the year. bul which will also generate furthor savings in the coming year. INVESTMENT POWERS AND POLICY Trustees have powers to invest and have chosen lo buy property as an investment as well as a facility for operational matters. RESERVES POLICY AND GOING CONCERN The Trustees expect that there are reserve5 of 3 months operating monies. Any surplus assets of the company shall be applied solely lo Creating a general reseNe for the continuation and development of the company. PLANS FOR FUTURE PERIODS 11 is Crossroads intention lo continue and build Ljpon the domiciliary work that we undertake including self-directed support. We will also continue lo diversify in our charitable work by applying lo grant making bodies and Irusls. We fully intend lo continue our support of Young Carers in Northem Ireland and our In Your Prime project. Rgsults and Dividends At the end of the financial year the charity has assets of £1.309.476 12024 - £1,317,615} and liabilities of £122,859 12024 - £109,604}. The nel assets of the charity have decreased by £121,394}.
Crossroads Care Nl TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 Trustees The current Iruslees are as set out tsn page 3 Lorna Martin Peter Bryans Allison Campbell Maggie Bennett Anne Gallagher Marian Traynor Esther Stewart Brian Patterson Sean McQuaid In accordance with the Conslilulion. the Irtjstees retire by rotation and, being eligible, offer themselves for re-election. The secretary who served during the financial year was= Lorna Martin Compllance with Sector-wide Leglslatlon and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Crossroads Care Nl subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP IFRS 1021 The Auditors Daly Park & Company Limited, (Chartered Accounlantsl, were appointed auditors by the Iruslees lo fill the casual Vacancy and they have expressed their willingness to continue in office in accordance with the provisions of Section 485 of the Companies Act 2006. Approved by the Board of Trusteès on 23 June 2025 and signed on Its behalf by.. Mari Dir n Traynor tor Peter Bry Director
Crossroads Care Nl STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2025 The trustees, who are also director5 of Crossroads Care Nl for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the trustees as the directors to prepare financial slalemenls for each financial year. Under that law the Iruslees have elected to prepare the financial statements in accordarFce with United Kingdom Generally Accepted Accounting Practice (United Kingdo Accounting Standards and applicable law} ineluding FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Enlitiesl. Under company law the trustees must not approve the financial statements unle55 they are satisfied that they give a true and fair view of the stale of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the trustees are required lo.. select suitable accounlillg policies and apply them consistently., obseNe the methods end principles in the Charities SORP make judgements and accounting estimates that are reasonable and prudent., slate whether the financial statements have been prepared in accordance with applicable accounting standards, identify those standards, and no18 the effect and the reasons for any material departure from those standards,. and prepare the financial slalements on the going concern basis unless it is inappropriate lo presume that the Charity will continue in operation. The Irusleeg are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial slalements comply with the Companies Act 2006 and. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Iruslees arg aware.. there is no relevant audit information linforrnalion needed by the charity's auditor in wnneclion with preparing the auditorts report) of which the charity's auditor is unaware, and the trustee5 have taken all the steps that they ought lo have taken as trustees in order to make themselves aware of any relevant audit information and lo establish that the charity's aLJdilor is aware of that inforrnalion. Approved by the Board of Trustees on 23 June 2025 and signed on its behalf by.. an Traynor Director Peter Bryans Director
INDEPENDENT AUDITOR'S REPORT to the Members of Crossroads Care Nl Report on the audit of the financial statements Opinion We have audited the charity financial slalemenls of Crossroads Care Nl I'lhe charity'} for the financial year ended 31 March 2025 which comprise the Slalemenl of Financial Activities lin¢orporaling an Income and Expenditure A¢¢ounl), the Balance Sheet, the Slalemenl of Cash Flows and notes to the financial statements, including the summary of significant accounting policies set out in note 2. The financial reporting framework th31 ha5 been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1 A of that Standard and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with FRS 102. In our opinion, when reporting in accordance with a fair presentation framework the financial slalemenls.. give a true and fair view of the slate of the charity's affairs as al 31 March 2025 and of ils deficit for the financial year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act {Northem Ireland) 2008. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial slalemenls section of our report. We are independent of the charity in accordance with ethical requirements that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with Ihese 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 Iruslees, use of the going concern basis of accounting in the preparation of the financi81 statements is appropriate. Based on the work we have performed, we have not identified any material uncertainlios relating to events or conditions that, individu811y or collectively, may cast significant doubl on the charity's ability lo continue as a going concern for a period of al least twelve months from the date when the financial slalements are aulhorised for issue. Our responsibilities and the responsibilitie5 of the Iruslees with respect to going cgncern are described in the relevant sections of this report. other Informatlon The other information comprises the information included in the annual report other than the financial 51alements and our Audilorfs Report Ihereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except lo the exlenl otherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so. consider whether the other infomalion is materially inconsistent with the financial slalemenls or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material misslalements. we are required lo determine whether this gives rise lo a material misstatement in the financial statements themselves. If. based on the work we have performèd, we conclude that there is a material misstatement of thi5 other information. we are required to report that fact. We have nothing to report in this regard. Opinion on other matter prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees, Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and the Trustee5' Annual Report has been prepared in accordance with applicable legal requirements.
INDEPENDENT AUDITOR'S REPORT to the Members of Crossroads Care Nl Matters on which we ar8 required to report by exception In the light of our knowledge and understanding of the charity and its environmeTIl obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us lo report lo you if, in our opinion.. adequate accounting records have not been kept., or the financial slalemenls are not in agreement with the accounting records and returns., or certain disclosures of trustees, remuneration specified by law are not made- or the Iruslees were not enlilled lo prepare the financial slalemenls in accordance with the small companies regime and lake advantage of the small companies, exemption in preparing the Trustees, Annual Report. Responslbilities of trustees for the financial statements As explained more fully in the Statement of Trustees, Responsibilities sel out on page 8, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary lo enable the preparation of financial slalernenls that are free from material misslalement. whether due to fraud or error. In preparing the financial statements, the Iruslees are responsible for assessing the charity's ability to continue as a going concern, disclosing. as applicable, mallers releled lo going concem and using the going concern basis of accounting unless management either intends lo liquidate the charity or to cease operations, or has no realistic alternative but lo do so. Auditorfs responsibilities for the audlt of the financial statements Our obj8¢lives are to obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslatemenl, whether due lo fraud or error, and lo issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delect a material misstatement when il exists. Misstalemenls can arisè from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo delecl material misslalements in respect of irregularities, including fraud. Thè extent lo which our procedures are capable of detecting irregularities, including fraud is detailed below.. Furth&r information regarding thg scope of our responsibilities as auditor As part of an audit in accordance with ISAS {UKI. w8 exercise professional judgement and maintain professional sceplicism throughout the audit. We also.. Identify and assess the risks of material misslalement of the financial slalemerits, whether due lo fraud or error, design and perform audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not delecling a material misslalemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresenlalions, or th& override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, bul not for the purpose of expressing an opinion on the effectiveness of the charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Iruslees. ConelLJde on the appropriateness of the Iruslees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related lo events or conditions that may cast significant doubt on the charity's ability lo continue as a going concern. If we conclude that a materi81 uncertainly exists, we are required to draw allenlion in our Auditorfs Report lo the related disclosures in the financial statements or. if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtained up lo the date of our Auditor's Report. However, future events or conditions may cause the the charity to cease lo continue as a going eoncern. Evaluate the overall presentation, structure and content of the financial slalemenls, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 10
INDEPENDENT AUDITOR'S REPORT to the Members of Crossroads Care Nl We communicate with those charged with governance regarding, among other mallers, the planned scope and liming of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. The purpose of our audit work and to whom we owe our responslbilities This report is made solely lo the charity's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work ha5 been undertaken so that we might state lo the charity's members those m8tters we are required lo slate to them in an audiloes report and for no other purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's members as a booly, for our audit work. for this report, or for the opinions we have formed. Rualrl Maginn I for and on beh DALY PARK & MPANY LIMITED Chartered Accounlarbls and Registered Auditors 4 Carnegie Street Lurgan Co. Armagh B T66 6AS Northern Ireland ior Statutory Auditor) 23 June 2025 11
Crossroads Care Nl STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Incomè and Expendlture Account) for the financial year ended 31 March 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Unrestricted Restricted Funds Funds Funds 2025 2024 2024 Total Funds 2024 Notes Income Donations and legacies Charitable activities Income from Charitable Activities Other trading activities Investments 9,107 460 9,567 6,649 47,894 54,543 3.2 2.034.286 21,591 2.055,877 1,987,357 21,591 2,008,948 40,507 8,602 40,507 8,602 13,649 10,211 13,64g 10,211 Total Ineome 2,092,502 22,051 2,114,553 2,017.866 69.485 2.087.351 Expènditure Charitable activities 4.1 2,109,252 26,695 2,135,947 2,010,809 63,439 2,074.248 Net incomel{expanditurel (16,750) {4.6441 121,3941 7,057 6,046 13,103 Transfer5 between funds 1331 33 122.1411 22.141 Net movement in funds for the financial year {16,783) 14.6111 121,3941 115,0841 28,187 13,103 Reconciliatlon of funds.. Total funds beginning of the year 14 1,139,240 68.771 1,208,011 1,154,324 40,584 1,194,908 Total funds at tho end of the year 1,122,457 64,160 1,186,617 1,139,240 68,771 1,208,011 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate lo continuing activities. The notes on pages 15 to 20 ft)rm part of thè financial statements 12
Crossroads Care Nl Company Number.. N1030717 BALANCE SHEET as at 31 March 2025 2025 2024 Notes Flxed Assets Tangible assets 533,917 535,275 Current Assets Debtors Cash at bank and in hand 10 11 134,681 640,878 165,446 616,894 775,559 782.340 Creditors., Amounts falling due wlthln one year 12 1122.8591 1109,6041 Net Current Assets 652,700 672,736 Total Assets less Current Liabilltlès 1,186,617 1,208,011 Funds Restricted trust funds Designated funds Iunrestricledl General fund lunrestricledl 64,160 527,966 594.491 68,771 528.562 610,678 Total funds 14 1,186,617 1.208,011 The total Ljnreslricled funds includes 8 revaluation reserve of £{70,000112024 - £170.00011 These financial statements have been prepared in accordance with the special provisions relating lo small companies within Pert 15 of the Companies Act 2006. The financial slalements have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Trustees and authorlsed for issue on 23 June 2025 and slgned on its behalf by IG Ma an Traynor Director Peter Bryans Director The notes on pages 15 10 20 form part of the financial statements 13
Crossroads Care Nl STATEMENT OF CASH FLOWS for the financial year ended 31 March 2025 2025 2024 Note$ Cash flows from opgrating activities Nel movement in funds Adjustments for- Depreciation Interest receivable and similar income 121.3941 13,103 4,817 18,6021 5,182 110.2111 125.1791 8.074 Movements in working capital.. Movement in debtors Movement in creditors 30,776 13,255 119,0471 626 Cash gener21ed fromllused inl operations 18.852 110,3471 Cash flows from investlng actlvities Interest received Payments to acquire tangible assets 8,602 13,459} 10,211 16,2721 Nel cash generated from investment activities 5,143 3.939 Cash flows from financing activities Advances to subsidiarieslgroup companies {11) 12,9461 Net increaselldecreasel in cash and cash equlvalents Cash and cash equivalents at th8 beginning of the year 23.984 616,894 (9,3541 626.248 Cash and cash equivalents at the end of the year 640,878 616,894 14
Crossroads Care Nl NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION Crossroads Care Nl is a company limited by shares incorporated in Northern Ireland. The registered office of the company is Kincade Martin House, 432 Upper Newtownards Road, Belfast. County Anlrim, 8T4 3GY, Northern Ireland which is also the principal place of business of the company The financial slalemerits have been presented in Pound (£1 which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation lo the charity's financial statements. Basis of preparation The financial slalements have been prepared on the going concern basis under the historical cost convention, modified lo include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice {SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As pem)illed by the Companies Act 2006, the charity has varied the sl8nd8rd formals in that act for the Slalemenl of Financial Activities and the Balance Sheet. Departures from the standard formals are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 Of that SORP. Statement of compliance The financial slalemenls of the Charity for the financi31 year ended 31 December 2017 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in thg UK and Republic of Ireland FRS 102" applying Section 1A of th81 Standard. Fund accounting The following are the categorises of funds maintained.. Restricted funds Reslricled funds represent income received which can only be used for particular purposes. as specified by the donors. Such purposes are within Ihe overall objectives of the charity. Unrestrlcted funds Unreslricled funds consist of General and Designated funds. General funds represent amounts which are expendable al the discretion of the board, in furtherance of the objectives of the charity. Designated funds comprise unrestricted funds that the board has, al ils discretion, sel aside for particular purposes. These designations have an adminislralive purpose only, and do not legally restrict the board's discretion to apply the fund. Income Voluntary income or capital is included in th8 Statement of Financial Activities when the charity is legally enlilled lo it. ils financial value can be quantified with reasonable certainly and there is re8sonable certainly of ils ultimate receipt. Enlillement lo legacies is considered established when the charity has been notified of a distribution lo be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred in¢ome until earned. Grants for activities are recognised as income when the related conditions for legal enlillemenl have been mel. All other income is accounted for on an accruals basis. Expenditure All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly iriclude fundraising aclivilies. Non-slaff costs not attributed lo one category of activity are allocated or apportioned pro-rata lo the staffing of the relevant service. Finance, HR, IT and adminislralive staff costs are directly altribulable lo individual activities by objective. Governance costs are those associated with conslilulional and slatulory requirements. 15
continued Crossroads Care Nl NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost or al valuation. les5 accumulated depreciation. The charge lo depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows- Land and buildings freehold Long leasehold property Fixtures, fittings and equipment 1 Ots/o Straight Line 25./0 Reducing Balance Debtors Debtors are recognised 81 the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yel received at year end, is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. Taxatlon and deferred taxation No current or deferred laxalion arises as the charity has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. Deferred lax is recognised in respect of all liming differences that have originated bul not reversed al the balance sheet dale where Iransaclion5 or events have occurred at th81 date that will result in an obligation lo pay more lax in the future, or a right lo pay less lax in the future. Timing differences are temporary diff9rgncgs between the company's taxable profits and ils results as slated in the financial slalements. Deferred lax is measured on an undiscaunted basis al the lax rates that are anlicipaled lo apply in the periods in which the timing differences are expected to reverse, based on lax rates and laws that have been enacted or subslanlively enacted by the balance sheet dale. INCOME DONATIONS AND LEGACIES Unrestrictgd Restricted Funds Funds 2025 2024 Donations Legacies Young Carers Donations A¢tivity Room 7,780 120 460 8.240 120 6,629 20 37.793 10,101 1.207 1,207 9,107 460 9,567 54,543 CHARITABLE ACTIVITIES Unrestrlctèd Restricted Funds Funds 2025 2024 Grants from governrnents and other co-funders.. Respite Services Private Care Department of Health 2,029,230 5,056 2.029,230 5,056 21,591 1,971,462 15,895 21,591 21,591 2,034,286 21,591 2,055,877 2.008,948 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2025 2024 Other trading activities 40,507 40,507 13,649 16
continued Crossroads Care Nl NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 INVESTMENTS Unrestricted Restricted Funds Funds 2025 2024 Bank Interest Receivable 8.602 8,602 10,211 EXPENDITURE CHARITABLE ACTIVITIES Direct Co$t$ other Costs Support Costs 2025 2024 Fundraising Costs Care Services Governance Costs 13,291 1,501,093 41.103 565,902 14,558 54,394 2,066,995 14.558 19,646 2,039,972 14,630 1,514.384 621,563 2,135,947 2,074,248 SUPPORT COSTS Charltabla Activities 2025 2024 Repairs, Maintenance & Cleaning Sundry Expenses Rent & Rates Staff Costs offi Expenses Depreciation Travel Costs Charity Shop Expenses 1,580 3,543 990 470.576 96,809 4,817 2,145 41,103 1,580 3,543 990 470.576 96.809 4,817 2,145 41,103 26,081 8,220 1,097 493,057 84,062 5,182 972 15,835 621,563 621,563 634.506 ANALYSIS OF SUPPORT COSTS 2025 2024 Repairs, Maintenance & Cleaning Sundry Expenses Rent & Rates Staff Costs Office Expenses Depreciation Travel Costs Charity Shop Expenses 14,8261 3,543 990 470,576 96,809 4.817 2.145 41,103 26,081 8,220 1,097 493,057 84,062 5,182 972 15,835 615.157 634,506 NET INCOME 2025 2024 Net Income is stated after chargingllcreditingl: Depreciation of tangible a55ets 4.817 5,182 INVESTMENT AND OTHER INCOME 2025 2024 Bank interest Other inlerest 8,602 7,433 2,778 8,602 10,211 17
continued Crossroads Care Nl NOTES TO THE FINANCIAL STATEMENTS for the finencial year ended 31 March 2025 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive Irusteesl during the finaTbcial year was as follows.. 2025 Number 2024 Number Employees 176 176 The staff costs comprise.. 2025 2024 Wages and sa18Aes Social security costs Pension costs 1.765,727 99.380 40.248 1,736,230 90,557 38,440 1,905,355 1,865,227 TANGIBLE FIXED ASSETS Land and buildlngs freehold Long Fixtures, leasehold fittings and property equipment Total Cost Al 1 April 2024 Additions 520.000 1.768 186.391 3,459 708,159 3,459 At 31 March 2025 520,000 1,768 189,850 711,618 Depreciation Al 1 April 2024 Charge for the financial year 1.768 171,116 4.817 172,884 4,817 Al 31 March 2025 1,768 175,933 177,701 Nèt book value Al 31 March 2025 520.000 13,917 533,917 Al 31 March 2024 520.000 15,275 535,275 10. DEBTORS 2025 2024 Trade debtors Amounts owed by related parties Other debtors Prepayments and accrued income 67,772 58,513 7,883 513 66,405 58,502 7,372 33,167 134,681 165,446 11. CASH AND CASH EQUIVALENTS 2025 2024 Cash and bank b818nces 640,878 616,894 18
continued Crossroads Care Nl NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 12. CREDITORS Amounts falling due within one ygar 2025 2024 Trade creditors Accruals and deferred income.. Pension accrual Other accruals 4.173 1,432 7,073 111,613 6,155 102,017 122,859 109,604 13. RESERVES Revaluatlon reserve Funds Total Al the beginning of the year IDeficit}ISurplus for the financial year 70,000 1.138,011 121,3941 1,208.011 121.3941 Al the end of the year 70,000 1,116,617 1,186.617 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Restricted Funds Funds Total Funds Ai 1 April 2023 Movement during the financial year 1,154,324 115,084) 40,584 28.187 1,194,908 13,103 Al 31 March 2024 Movement during the financial year 1.139,240 116,7831 68.771 14,6111 1,208,011 {21,3941 Al 31 March 2025 1,122,457 64.160 1,186,617 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2024 Income Expenditure Transfers between funds Balance 31 March 2025 Restrlcted funds Young Carers - Other Donations Depl of Health In Your Prime 68,771 460 21,591 5,071 21,591 33 64,160 33 68,771 22,051 26,695 33 64,160 Unrestricted funds Building Reserve Charity Shop Unrestricted Gener81 Designated Contingency Reserve 520,000 8.562 97,406 513.272 520,000 7,966 40,507 2,051.995 41,103 2.068,149 181.2521 81,219 594.491 1,139,240 2,092,502 12.109,2521 {331 1,122,457 Total funds 1,208,011 2,114,553 2,135,947 1,186,617 19
continued Crossroads Care Nl NOTES TO THE FINANCIAL STATEMENTS for the financial year Ènded 31 March 2025 15. CONTINGENT LIABILITIES The Trustees are currently wailing for confirmation from sorne of the Health Trusts lo clarify whether there have been any under l over payments made by them up to the period ended 31 sl March 2023. If there are overpayments, il is likely that a refund would need lo be paid by the charity back lo the Health Trust. Wilhoul clarification, it is impossible lo quantify any amount that may or may not be required bul the Trustees feel it is prudent lo disclose the possibility. The financial slalemenls do not include any provisions in relation lo this maller 16. RELATED PARTY TRANSACTIONS The charity had transactions with a related party during the year. Crossroads Care Nl Recruitment Agency Limited was incorporated on 24th July 2019 with the charity as the sole shareholder. Al the end of the year the charity is owed £61,438 from the Recruitment Agency due an initial loan with interest charged al 5 /0 pla, and subsequent expenses paid on its behalf. The Recruitment Agency has also invoiced the charity a lolal of £16,214 in the year for eare services provided, which is fully paid at the year end. 17. RESERVES POLICY In line with the charity's reserve policy, the Trustees have Sel aside a designaled contingency reseNe target of £640,000 which equates to four months of the organisalion's running cost5. This reserve is lo allow for a continued, smooth delivery of domi¢illary services in the event of a disruption lo income due lo unforeseen circumstances. The trustees will continue lo work toward5 this target in future years. 18. TRUSTEE REMUNERATION None of the Trustees received or waived any remuneration for their services as Iruslee in the current or previous financial year. 19. AUDITORS REMUNERATION The slalutory auditors, Oaly Park & Company Ltd, received a fee of £5,000 for their audit services for the 2025 financi81 year end12024 - £5,000}. 20