Crossroads Manchester Ltd Charity Accounts

COMPANY REGISTRATION NUMBER: 12312543

CHARITY REGISTRATION NUMBER: 1187972

Crossroads Manchester Ltd

Company Limited by Guarantee

Unaudited Financial Statements

30 November 2025

Crossroads Manchester Ltd

Company Limited by Guarantee

Financial Statements

Year ended 30 November 2025

	Pages

Trustees' annual report (incorporating the director's report)	1 to 2

Independent examiner's report to the trustees	3

Statement of financial activities (including income and expenditure account)	4

Statement of financial position	5

Notes to the financial statements	6 to 13

Crossroads Manchester Ltd

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 30 November 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 November 2025 .

Reference and administrative details

Registered charity name	Crossroads Manchester Ltd

Charity registration number	1187972

Company registration number	12312543

Principal office and registered	11 Parkhill Bury Old Road
office	Prestwich
	M25 0HH

The trustees

	M Brand
	D Halpern
	S J Fogal
	S Wahrhaftig	(Resigned 10 February 2026)

Independent examiner	Mr Howard Schwalbe ACA
	2nd Floor - Parkgates
	Bury New Road
	Prestwich
	Manchester
	M25 0TL

Structure, governance and management

The charity is constituted by a Memorandum and Articles of Association and is a company limited by guarantee. It was incorporated on 13 November 2019 as a company and the company number is 12312543. It was registered as a charity on 14 February 2020 with a charity number 1187972.

The charity is run by the trustees who all act in an honorary capacity. A new trustee would receive copies of the previous years' Annual Report and Accounts and a copy of the Charity Commission leaflet 'The Essential Trustee : What you need to know'.

Risk Management

The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures mitigate any perceived risks.

Objectives and activities

The objectives of the charity are;

To act as a resource for young people up to the age of 25 by providing advice and assistance and organising programmes of creative, physical and other leisure activities as a means of: advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals for the public benefit

Public Benefit Policy

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Grant Making Policy

Grants are made to charitable institutions, organisations and individuals who accord with the objects of the charity.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

During the year, the charity received £195,025 (2024: £272,401) in donations and charitable activities, and paid out £94,738 (2024: £53,501) in furtherance of its objectives.

The charity paid £3,000 on fundraising costs.

The charity has low governance costs. The governance costs incurred relate to professional fees incurred during the year.

There were no grants given out in the year.

There was an overall net income and net movement in funds for the year amounting to £100,287 of which £92,179 (2024: £218,900) is attributable to the unrestricted funds and £8,108 to the restricted funds.

Financial review

Reserves Policy

The unrestricted fund represents the unrestricted funds arising from past operating results.

As at 30 November 2025 the total funds of the charity were £468,833 (2024: £368,546) of which £460,725 is unrestricted and £8,108 is restricted.

The free reserves, being the net current assets were £9,956 (2024: £53,070).

The trustees are satisfied that the balance of the fund is at an acceptable level.

The trustees' annual report and the strategic report were approved on 24 June 2026 and signed on behalf of the board of trustees by:

S J Fogal

Trustee

Crossroads Manchester Ltd

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Crossroads Manchester Ltd

Year ended 30 November 2025

I report to the trustees on my examination of the financial statements of Crossroads Manchester Ltd ('the charity') for the year ended 30 November 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Howard Schwalbe ACA Independent Examiner

2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

24 June 2026

Crossroads Manchester Ltd

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 30 November 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	147,875	42,470	190,345	272,401
Charitable activities	6	4,680	–	4,680	–
		---------	--------	---------	---------
Total income		152,555	42,470	195,025	272,401
		---------	--------	---------	---------

Expenditure

Expenditure on raising funds:

	Fundraising costs	7	3,000	–	3,000	–
	Costs of other trading activities	8	7,522	–	7,522	10,316
Expenditure on charitable activities		9,10	58,603	25,613	84,216	43,185
			---------	--------	---------	---------
Total expenditure			69,125	25,613	94,738	53,501
			---------	--------	---------	---------

	---------	--------	---------	---------
Net income	83,430	16,857	100,287	218,900
	---------	--------	---------	---------

Transfers between funds	8,749	(8,749)	–	–

	---------	--------	---------	---------
Net movement in funds	92,179	8,108	100,287	218,900

Reconciliation of funds

Total funds brought forward	368,546	–	368,546	149,646
	---------	--------	---------	---------
Total funds carried forward	460,725	8,108	468,833	368,546
	---------	--------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Crossroads Manchester Ltd

Company Limited by Guarantee

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Tangible fixed assets	16	541,877	465,476

Current assets

Debtors	17	3,280	980
Cash at bank and in hand		20,003	63,960
		--------	--------
		23,283	64,940

Creditors: amounts falling due within one year	18	13,327	11,870
		--------	--------
Net current assets		9,956	53,070
		---------	---------
Total assets less current liabilities		551,833	518,546

Creditors: amounts falling due after more than one year	19	83,000	150,000
		---------	---------
Net assets		468,833	368,546
		---------	---------

Funds of the charity

Restricted funds		8,108	–
Unrestricted funds		460,725	368,546
		---------	---------
Total charity funds	20	468,833	368,546
		---------	---------

For the year ending 30 November 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 24 June 2026 , and are signed on behalf of the board by:

S J Fogal

Trustee

Crossroads Manchester Ltd

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 11 Parkhill Bury Old Road, Prestwich, M25 0HH.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates or assumptions that affect the amounts reported.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Fixtures and fittings	-	20% reducing balance
Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The company is limited by guarantee, in case of winding up the liability of the members is limited to £1.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Donations

	Donations	147,875	–	147,875

Grants

Awards for All	–	20,000	20,000
The Beaverbrooks Charitable Trust	–	5,000	5,000
Bury VCFA	–	5,000	5,000
Forever Manchester	–	4,971	4,971
The Screwfix Foundation	–	4,850	4,850
Skelton Bounty	–	2,649	2,649
	---------	--------	---------
	147,875	42,470	190,345
	---------	--------	---------

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Donations

	Donations	272,401	–	272,401

Grants

Awards for All	–	–	–
The Beaverbrooks Charitable Trust	–	–	–
Bury VCFA	–	–	–
Forever Manchester	–	–	–
The Screwfix Foundation	–	–	–
Skelton Bounty	–	–	–
	---------	----	---------
	272,401	–	272,401
	---------	----	---------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Other income from charitable activities	4,680	4,680	–	–
	-------	-------	----	----

7. Fundraising costs

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Costs of raising donations and legacies	3,000	3,000	–	–
	-------	-------	----	----

8. Costs of other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Advertising	7,522	7,522	10,316	10,316
	-------	-------	--------	--------

9. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Youth wellbeing activities	49,725	25,613	75,338
Support costs	8,878	–	8,878
	--------	--------	--------
	58,603	25,613	84,216
	--------	--------	--------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Youth wellbeing activities	41,906	–	41,906
Support costs	1,279	–	1,279
	--------	----	--------
	43,185	–	43,185
	--------	----	--------

10. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Youth wellbeing activities	75,338	8,037	83,375	42,345
Governance costs	–	841	841	840
	--------	-------	--------	--------
	75,338	8,878	84,216	43,185
	--------	-------	--------	--------

11. Analysis of support costs

	Analysis of support costs activity 1	Total 2025	Total 2024
	£	£	£
General office	8,037	8,037	439
Governance costs	841	841	840
	-------	-------	-------
	8,878	8,878	1,279
	-------	-------	-------

12. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	12,421	260
	--------	----

13. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	841	840
	----	----

14. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	11,196	7,724
	--------	-------

The average head count of employees during the year was 1 (2024: 1 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of staff - Admin	1	1
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

15. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

16. Tangible fixed assets

	Freehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 December 2024	464,798	1,536	732	467,066
Additions	83,594	–	5,228	88,822
	---------	-------	-------	---------
At 30 November 2025	548,392	1,536	5,960	555,888
	---------	-------	-------	---------
Depreciation
At 1 December 2024	–	1,064	526	1,590
Charge for the year	10,968	94	1,359	12,421
	---------	-------	-------	---------
At 30 November 2025	10,968	1,158	1,885	14,011
	---------	-------	-------	---------
Carrying amount
At 30 November 2025	537,424	378	4,075	541,877
	---------	-------	-------	---------
At 30 November 2024	464,798	472	206	465,476
	---------	-------	-------	---------

17. Debtors

	2025	2024
	£	£
Other debtors	3,280	980
	-------	----

18. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	840	840
Social security and other taxes	219	–
Other creditors	12,268	11,030
	--------	--------
	13,327	11,870
	--------	--------

19. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	83,000	150,000
	--------	---------

20. Analysis of charitable funds

Unrestricted funds

	At 1 December 2024	Income	Expenditure	Transfers	At 30 November 2025
	£	£	£	£	£
Unrestricted fund - general funds	368,546	152,555	(69,125)	8,749	460,725
	---------	---------	--------	-------	---------

	At 1 December 2023	Income	Expenditure	Transfers	At 30 November 2024
	£	£	£	£	£
Unrestricted fund - general funds	149,646	272,401	(53,501)	–	368,546
	---------	---------	--------	----	---------

Restricted funds

	At 1 December 2024	Income	Expenditure	Transfers	At 30 November 2025
	£	£	£	£	£
Restricted fund - grants receivable	–	42,470	(25,613)	(8,749)	8,108
	----	--------	--------	-------	-------

	At 1 December 2023	Income	Expenditure	Transfers	At 30 November 2024
	£	£	£	£	£
Restricted fund - grants receivable	–	–	–	–	–
	----	----	----	----	----

21. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	541,877	–	541,877
Current assets	15,175	8,108	23,283
Creditors less than 1 year	(13,327)	–	(13,327)
Creditors greater than 1 year	(83,000)	–	(83,000)
	---------	-------	---------
Net assets	460,725	8,108	468,833
	---------	-------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	465,476	–	465,476
Current assets	64,940	–	64,940
Creditors less than 1 year	(11,870)	–	(11,870)
Creditors greater than 1 year	(150,000)	–	(150,000)
	---------	----	---------
Net assets	368,546	–	368,546
	---------	----	---------

22. Related parties

Mr S Wahrhaftig was a trustee of Crossroads Manchester Ltd until February 2026. Included in Other Creditors is £6,800 outstanding to Mr Wahrhaftig for an interest free loan made in previous periods, there were no repayments made during the year.

23. Taxation

Crossroads Manchester Ltd is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.