Crossroads Trust Ltd Accounts 31.08.14

Registered number

08668526

Crossroads Trust Limited

Report and Accounts

31 August 2014


Report and accounts

Contents

Page

Company information 1

Directors' report 2

Accountants' report 4

Profit and loss account 5

Balance sheet 6

Notes to the accounts 7


Company Information

Directors

John Peter Beesley

Beverley Jane Gilbert

Martin Andrew Ingram

Keiran James McDonald

Stephen Peter Wallbank

Accountants

P J Buffrey Limited

17 Greens Road

Coventry

West Midlands

CV6 2FJ

Bankers

The Co-operative Bank

PO Box 250

Skelmersdale

WN8 6WT

Registered office

Unit One Taverners Lane

Westwood Road

Atherstone

CV9 2BA

Registered number

08668526

1


Registered number: 08668526

Directors' Report

Principal activities

Directors

The following persons served as directors during the period:

Small company provisions

This report was approved by the board on 19 May 2015 and signed by its order.

John Beesley Stephen Peter Wallbank

The directors present their report and accounts for the period ended 31 August 2014.

The company's principal activity during the year continued to be a Social Enterprise providing the

following: (a) To provide support for individuals involved in the justice system who want to make a

positive change for themselves and their families, providing services that are aimed at reducing re-

offending in the north Warwickshire and surrounding areas;

(b) To provide services designed to have a positive impact supporting individuals change their life

for the better, including support with housing, benefits, health, addiction and debt management;

(c) To provide peer mentoring, training and support groups, using a person centred approach to

guide and support each individual to develop different aspects of their lives.

(d) To provide activities that support those who are disadvantaged in the labour market with work

experience and employment opportunities, helping with their reintegration into society and

promoting social inclusion;

(e) To work with families of offenders, ex-offenders and those at risk of exclusion;

(f) To provide services by associating with voluntary organisations, local authorities, health

organisations, local communities and local organisations in a common effort to provide services

enabling individuals to move forward with their lives;

(g) To manage and improve the facilities and services of the Company which, in the opinion of the

Directors, may enhance the sustainability of the Company.

John Peter Beesley

Beverley Jane Gilbert

Martin Andrew Ingram

Keiran James McDonald

Stephen Peter Wallbank

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act

2006 applicable to companies subject to the small companies regime.

2


P J Buffrey Limited

Chartered Certified Accountants

17 Greens Road

Coventry

West Midlands

CV6 2FJ

19 May 2015

We have not been instructed to carry out an audit or a review of the accounts of Crossroads Trust

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records

or information and explanations you have given to us and we do not, therefore, express any opinion on

the statutory accounts.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the accounts of Crossroads Trust Limited for the period ended 31 August 2014 which

comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys

accounting records and from information and explanations you have given us.

Report to the directors on the preparation of the unaudited statutory accounts of Crossroads

Trust Limited for the period ended 31 August 2014

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to

its ethical and other professional requirements which are detailed at

http://rulebook.accaglobal.com/

This report is made solely to the Board of Directors of Crossroads Trust Limited, as a body, in

accordance with the terms of our engagement letter dated 15 May 2015. Our work has been

undertaken solely to prepare for your approval the accounts of Crossroads Trust Limited and state

those matters that we have agreed to state to the Board of Directors of Crossroads Trust Limited, as a

body, in this report in accordance with the requirements of the Association of Chartered Certified

Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by

law, we do not accept or assume responsibility to anyone other than Crossroads Trust Limited and its

Board of Directors as a body for our work or for this report.

It is your duty to ensure that Crossroads Trust Limited has kept adequate accounting records and to

prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and

profit of Crossroads Trust Limited. You consider that Crossroads Trust Limited is exempt from the

statutory audit requirement for the period.

3


Income & Expenditure Account

for the period from 29 August 2013 to 31 August 2014

Notes 2014

Grants received 15,469

Direct costs (789)

Gross surplus 14,680

Administrative expenses (3,062)

Operating surplus 11,618

Surplus on ordinary activities before taxation 11,618

Tax on surplus on ordinary activities -

Surplus for the period 11,618

4


Balance Sheet

as at 31 August 2014

Notes 2014

Current assets

Cash at bank and in hand 11,618

Net current assets 11,618

Net assets 11,618

Capital and reserves

Income & expenditure account 2 11,618

Shareholder's funds 11,618

John Peter Beesley Stephen Peter Wallbank

Director Director

Approved by the board on 19 May 2015 Approved by the board on 19 May 2015

The directors are satisfied that the company is entitled to exemption from the requirement to obtain

an audit under section 477 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the

Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies

Act 2006 applicable to companies subject to the small companies regime.

The member has not required the company to obtain an audit in accordance with section 476 of the

Act.

5


Notes to the Accounts


1 Accounting policies

Basis of preparation

Grants received

2 Income and expenditure account 2014

Surplus for the period 11,618

At 31 August 2014 11,618

3 Ultimate controlling party

The company is limited by guarantee and there is no ultimate controlling party.

4 Limited Liability

The company has no share capital and is limited by guarantee.

Every Member of the Company undertakes to contribute to the assets of the Company in the

event of the same being wound up during the time they are a Member, or within one year

afterwards, for the payments of the debts and liabilities of the Company contracted before

the time at which they ceased to be a Member and of the costs, charges and expenses of

winding up the same, and for the adjustments of the rights of the contributors among

themselves, such amount as may be required not exceeding one pound sterling.

The accounts have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Grants received represents the value, net of value added tax and discounts, of grants recevied

during the period.

6


Detailed income and expenditure account


2014


Direct costs (789)

Gross surplus 14,680

Administrative expenses (3,062)

Operating surplus 11,618

Surplus 11,618

7


Detailed profit and loss account


2014


Direct costs

Subcontractor costs 672

Other direct costs 117

789

Administrative expenses

Employee costs:

Staff training and welfare 457

Travel and subsistence 482

939

Premises costs:

Rent 780

780

General administrative expenses:

Telephone and fax 164

Subscriptions 512

Insurance 292

Equipment expensed 35

Computer costs 300

1,303

Legal and professional costs:

Advertising and PR 40

40

3,062

8

Documents

Crossroads Trust Ltd Accounts 31.08.14