CROSSROADS TRUST
Provision of temporary accomadation and services for those who are homless and at risk of homelessness through a nighthshelter and supported Housing
Latest income
£80k
Latest spending
£65k
Registered
2020
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported total income of £72,426 and total expenditure of £64,667.78 for the year, resulting in a surplus. Free reserves increased to £20,000, with a closing bank balance of £25,638, which the trustees state covers their reserve policy.
What the accounts disclose
Largest income source: Housing Benefit (88% of income)
“Our total income of £72,426 is drawn mainly from housing benefit income of £63,492.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient working capital (held: £20k)
“Our closing bank balance of £ 25,638 covers our reserve policy leaving sufficient working capital at the end of the current period.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Crossroads Trust
“MR & MRS TERRY CROSSROADS TRUST” — page 68
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- MARK HERDchair
- Jane Elizabeth Herd
- Rodney Grenville Hobbs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80k | £65k |
| 31/03/2024 | £72k | £67k |
| 31/03/2023 | £35k | £40k |
| 31/03/2022 | £25k | £22k |
| 31/03/2021 | £8k | £2k |
Common questions
Is CROSSROADS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported total income of £72,426 and total expenditure of £64,667.78 for the year, resulting in a surplus. Free reserves increased to £20,000, with a closing bank balance of £25,638, which the trustees state covers their reserve policy.