Four charities are set to receive a boost following the liquidation of Sheffield Crossroads Ltd.
Set up in 1998, the charity provided services to carers of adults and children with physical disabilities and sensory impairment.
In March 2012, Sheffield City Council and NHS announced that Sheffield Crossroads had to submit a new tender for the contracts, which were unsuccessful.
However, over £60,000 left over from the charity will now be split between Rotherham Crossroads, Alzheimer’s Society in Sheffield, Parkinson’s UK in Sheffield and Sheffield Young Carers Project.
Adrian Graham, at Begbies Traynor who helped close down Sheffield Crossroads, said: “While it is sad to see an organisation which has played such a key role in the local community over the last 22 years closing, it is good news that its funds will be used to help other local charities.
“Sheffield Crossroads had come to the end of its natural life and, recognising this, the trustees set about winding it down to protect staff and preserve its funds.”