Registered number

08668526

Crossroads Trust Limited

Report and Accounts
31 August 2014

Crossroads Trust Limited

Report and accounts
Contents

Page
Company information

Directors' report

Accountants' report

Profit and loss account

Balance sheet

Notes to the accounts

Crossroads Trust Limited

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

Crossroads Trust Limited

Registered number:
Directors' Report

08668526

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

Principal activities
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 reoffending 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.
Directors
The following persons served as directors during the period:
John Peter Beesley
Beverley Jane Gilbert
Martin Andrew Ingram
Keiran James McDonald
Stephen Peter Wallbank
Small company provisions
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.
This report was approved by the board on 19 May 2015 and signed by its order.

John Beesley

Stephen Peter Wallbank

Crossroads Trust Limited

Report to the directors on the preparation of the unaudited statutory accounts of Crossroads
Trust Limited for the period ended 31 August 2014
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.
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.
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.

P J Buffrey Limited
Chartered Certified Accountants
17 Greens Road
Coventry
West Midlands
CV6 2FJ
19 May 2015

Crossroads Trust Limited

Income & Expenditure Account
for the period from 29 August 2013 to 31 August 2014

Notes

Grants received

2014

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

Crossroads Trust Limited

Balance Sheet
as at 31 August 2014
Notes
Current assets
Cash at bank and in hand

2014

11,618

Net current assets

11,618

Net assets

11,618

Capital and reserves

Income & expenditure account

11,618

Shareholder's funds

11,618

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

John Peter Beesley

Director
Approved by the board on 19 May 2015

Stephen Peter Wallbank

Director
Approved by the board on 19 May 2015

Crossroads Trust Limited

Notes to the Accounts
for the period from 29 August 2013 to 31 August 2014
1

Accounting policies
Basis of preparation
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
Grants received represents the value, net of value added tax and discounts, of grants recevied
during the period.

Income and expenditure account

2014

Surplus for the period

11,618

At 31 August 2014

11,618

Ultimate controlling party

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

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.

Crossroads Trust Limited

Detailed income and expenditure account
for the period from 29 August 2013 to 31 August 2014

2014

Grants received

15,469

Direct costs

(789)

Gross surplus

14,680

Administrative expenses

(3,062)

Operating surplus

11,618

Surplus

11,618

Crossroads Trust Limited

Detailed profit and loss account
for the period from 29 August 2013 to 31 August 2014
2014

Grants received

15,469

Direct costs
Subcontractor costs
Other direct costs

672
117
789

Administrative expenses
Employee costs:
Staff training and welfare
Travel and subsistence

457
482
939

Premises costs:
Rent

780
780

General administrative expenses:

Telephone and fax
Subscriptions
Insurance
Equipment expensed
Computer costs

164
512
292
35
300
1,303

Legal and professional costs:

Advertising and PR

40
40
3,062