Independent Uving in Wessex
Charity No. 1063168
Company No. 03326108
Trustees. Report and Unaudtted Accounts
31 March 2024

Independent Living in Wes*x
Contents
Pages
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
7tolO
Detailed Statement of Financial Activities
Ilto12
Page I

Independent Living in Wessex
Trustees Annual Report
The trustees, who are also directors of the charity for the purpose5 of the Companies Act 2006,
present their report with the unaudited financial statements of the charity for the year ended 31
March 2024.
REFERENCE AND ADMINisfRATIVE DEfAILS
Company No. 03326108
Charity No. 1063168
Registered Office
254 Winsley Road
Bradford on Avon
Wiltshire
BA15 IQS
Directors and Trustees
The Directors of the charitable company are its Trustees for the purpo￿ of charity law.
The following Directors and Trustees served during the year:
Peter Barclay
Rebecca Bates
Kathryn Green
Doreen Luther
Hilary Townsend
Paul Vingoe {Chairman)
Company Secretary
Paul Wingoe
Independent Examiner
Keevil Accountancy Limited
l Hobbs Hill
Keevil
Trowbridge
Wiltshire
BA14 6LR
ACHIEVEMENTS AND PERFORMANCE
The main event this year is that one of the tenants at 18 Ashleigh Grove, announced that he was getting
married in April 2024 and would be leaving the house. The Committee have for some time been considering
whether to purchase a third house using the considerable funds accumulated in the bank. After further
discussions it was decided to look for a third house to be tenanted by him and hls new wife, using the funds
in hand as a deposit and taking a Mortgage secured over 18 Ashleigh Grove for the sum of £125K. 31
Walmesley Chase Hilperton, a two bedroomed centre terra￿ property on the Paxcroft Mead development
built in 1998, was purchased in March forthe sum of £215K and it is anticipated thatthe couple will take up
residence followingthelr wedding on 19 April.
Page 2

Independent Living in Wessex
Trustees Annual Report
The other two tenants will remaln as the tenants of 18 Ashleigh Grove at their current rentals for the time
being. Care Choice will continue to 5UPPOrt them. as they will the married couple.
The tenants of 10 Lavender Close remain and there are no concerns at that property at present.
The arrears of rent due by one of the tenants in 10 Lavender Close are continuing to be reduced. The rent at
18 Ashleigh Grove is up to date.
It was decided at the AGM in September 2023 that the fuel subsidies of £250 p.m. would continue. However,
as part of the later declsion to raise a loan to buy 31 Walmesley Chase. it was agreed these would cease at
the end of ILIW's financial year.
My thanks as ever go to my fellow committee members for their attendances at meetings and their
continued support throughout the year, especially Doreen Luther, our Treasurer, and who continues to take
on board a close involvement with 10 Lavender Close and has spent a considerable amount of time dealing
with the various problems which have arisen over the year, and Hilary Townsend our Secretsry. We have also
welcomed Katie Luther on to the Committee during the year.
STRucfuRE, GOVERNANCE AND MANAGEMENT
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure thatthe financlal statements
comply with the Companies Act 2006. The Trustees are a150 responsible for safeEuarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to
the small companies regirne as set out in Part 15 of the Companies Act 2006 and in accordan￿ with the
Charlties SORP {FRS 102).
Sig
half of the board
Paul Vingoe
Chairman
04 September 2024
Page 3

' Independent Living in Wessex
Independent Examiners Report
Independent Examinevs Report to the trustees of Independent Living in Wessex
I report to the charity trustees on my examination of the financial statements of Independent Living in
Wessex for the year ended 31 March 2024.
Responsibilitles and basis of report
As the charity's 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 accordan￿ with the requirements of the
Companies Art 2006 {'the 2006 Act.
' Having satisfied myself -th.at the financial statements of the Charity 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
your charity's financial statements as carried out under sertion 145 of the Charities Act 20111'the 2011 Att,).
In carrying out my examination I have followed the Directions given by the Charity Commission under section
145(5) Ibl of the 2011 Act.
Independent examinees statement
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in accordan￿ with section 386 of the 2006 Act,. or
the financial ststements do not accord with those records; or
the financial statements do not compty wtth the accounting ￿qUirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and falr, view which is not a
matter considered as part of an independent examination; or
the financlal statements have not been prepared in accordan￿ with the methods and principles of the
Statement of Recommended practi￿ for accounting and reporting by charities applicable to charities
preparing their accounts in accordan￿ 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 matter5 in connettion with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to
e reache
Julie Nellis MSC ACA {ICAEW)
Keevil Accountancy Ltmited
l Hobbs Hill
Keevil
Trowbridge
Wiltshire
BA14 6LR
04 September 2024
Page 4

Independent Living in We55ex
Statement of Financial Actlvlties
for the year ended 31 March 2024
Unrestricted
funds Total fvnds Total funds
2024
2024
2023
Notes
Income and endowments
from:
Charitable artivities
investments
27.372
5,264
27,372
5,264
1,626
Total
32.636
32,636
28.998
Expenditure on:
Charitable activities
Other
14,496
3,866
14,496
3,866
31,157
468
Total
18,362
18,362
31,625
Net gains on investments
Net income/(expenditure)
Transfers between funds
14,274
14,274
(2,627)
Net income/{expenditure)
before other gains/{losses)
14.274
14.274
(2,627)
Other galns and losses
Net movement in funds
14.274
14.274
(2,627)
Reconclllatlon of funds:
Total funds brought forward
368,816
368,816
371,443
Total funds carried forward
383,090
383,090
368,816
Page 5

Independent Living in We55ex
Balance Sheet
at 31 March 2024
Company No.
03326108
2024
2023
Flxed assets
Tangible assets
467,721
467.721
249,359
249,359
Current assets
Debtors
Cash at bank and in hand
io
547
40,148
40.695
(326}
40,369
508.090
(125,000)
383,090
118,411
119,757
{300)
119,457
Creditors: Amount falling due within one year
Net current assets
li
Total assets less current liabilities
368,816
Creditors: Amounts falling due after more than one year
Net assets exduding pension asset or Ilablllty
368,816
Total net assets
383.090
368,816
The funds of the charity
Unrestricted funds
General fund5
383,090
368,816
383.090
368,816
Total funds
383.090
368,816
These accounts have been prepared in accordance with the Special provision5 of Part 15 of the Companies
Act 2006 relating to Small companie5.
For the year ended 31 March 2024 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordan￿ with sectlon 476 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.
Approved by the board on 04 September 2024
nd signed
n its behalf by:
Paul Vingoe
Chairman
04 September 2024
Page 6

Independent Living In Wessex
Notes to the Accounts
for the year ended 31 March 2024
l Accounting policies
Basis of preparatlon
The financial ststements have been prepared in accordan￿ with Accounting and Reporting by Charitie5:
Statement of Recommended practi￿ applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2015) - (Charities SORP {FRS 102)). the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 1021 and the CompaniesAct200.6.
Change In basis of accounting or to prevlous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustee5 in furtherance of the
general objects of the charity.
Income
Recognition of
income
Income is included in the Staternent of Financial Activities {SoFA) when the charity
becomes entitled to. and virtually ￿rtain to receive, the income and the amount of
the income can be measured with sufftcient reliability.
Income wlth related Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Investment income This is included in the accounts when re￿1Vable.
Expenditure
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered. and is reported as part of the expendlture to which It
relates.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities sepdices in the furtherance of its objects. includtng the making of grants and
govemance costs.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any audÉt/independent exarnination fees,
costs Ilnked to the strategic management of the Charity. together wlth a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Governance costs
Taxatlon
The charity is exempt from corporation tax on Ats charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life:
Freehold property
Held * cost
Page 7

' Independent Living in Wessex
Notes to the Accounts
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the
amount prepaid.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand and demand deposits with banks.
Trade and other credltors
Short term creditors are measured at the transaction price. Other credltors and provisions are recognised
' where the charity has a present obligation resulting from a past èvent that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recogni5ed at their settlement amount.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Ststement of Financial Artivities - prlor year
Unrestrfcted
funds Total funds
2023
2023
Income and endowments from:
Charitable artlvlties
Investments
27,372
1,626
27,372
1,626
Total
28.998
28,998
Expenditu￿ on:
Charitable artivities
30,807
818
30,807
818
Other
Total
31,625
31,625
Net Income
(2,627)
(2,6271
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
12,627)
{2,627)
12,627)
(2,627)
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
371,443
371,443
368,816
368,816
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' independent Living in Wessex
Notes to the Accounts
4 Income from charitable activities
Unrestricted
Total
Total
2024
2023
Rental Income
27,372
27,372
27,372
27.372
27,372
27,372
5 Income from investments
2024
2023
Interest received
5,264
5,264
5,264
1,626
1,626
5,264
6 Expenditure on charltable activitie5
Unrestricted
Totsl
Total
2024
2023
Expenditure on choritable
activities
Repairs and maintenance
Council tsx
Tenant fuel subsidses
8,361
2,281
8,361
2,281
3,000
554
25,266
2,159
2,900
482
Buildings insurance
Governonce costs
554
Independent Examlnerfees
300
300
350
14,496
14,496
31,157
7 Other expenditure
Unrestrirted
Total
Total
2024
2023
General administrative costs
1,959
1.907
3,866
1.959
1,907
3,866
309
Legal and professional costs
159
468
8 Staff costs
No employee received emoluments in the financial year.
Page 9

Independent Uvlng in Wessex
Notes to the Accounts
9 Tanglble fixed assets
Cost or revaluation
At l April 2023
Additions
At 31 March 2024
249,359
218,362
467.721
249,359
218,362
467,721
Net book values
At 31 March 2024
At 31 March 2023
IQ Debtors
467,721
249,359
467,721
249,359
2024
2023
Other debtors
300
1,200
146
Prepayments and accrued income
247
547
1,346
11 Creditors"
amounts falling due within one year
2024
2023
Accruals
326
300
300
326
12 Creditors:
amounts falling due after more than one year
2024
2023
Bank loans and overdrafts
125,000
125,000
13 Related party dlsck)sures
Contmlllng party
The company is limited by guarantee and has no Share capital: thus no single party contro15 the company.
Page 10

' Independent Living in We55ex
Detailed Statement of Financial Activities
for the year ended 31 Marth 2024
Unrestricted
fund5
2024
Total funds Total funds
2024
2023
Income and endowments from:
Charitable actlvlties
Rental income
27,372
27,372
27,372
Investments
Interest received
5.264
5,264
5,264
5.264
1,626
1,626
Totsl Income and endowments
32.636
32,636
28,998
Expenditure on:
Charitable activitie5
Repairs and maintenance
Council tax
Tenant fuel subsldies
Buildings insurance
8,361
2,281
8.361
2,281
3,0(
554
25,266
2,159
2,900
482
554
14.196
14.196
30,807
Governance costs
Independent Examiner fees
300
300
350
300
300
350
Total of expenditure on charitable
actlvities
14.496
14.496
31,157
General administrative costs,
Including depreciatlon and
amortisation
Bank charges
subscriptions
Sundry expenses
1,490
35
1.490
35
35
434
434
274
1,959
1.959
309
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
146
1,907
1,907
13
1,907
1,907
159
Total of expenditure of other costs
Totsl expendlture
Net gains on investments
3,866
3,866
468
18.362
18,362
31,625
Net income/(expenditure)
14.274
14.274
(2,627)
Page 11

Independent Livlng fn Wessex
Detalled Statement of Financial Artivitles
Net income/{expenditure) before
other gains/(losses}
Other Gain5
14,274
14,274
(2,627)
Net movement in funds
14.274
14,274
(2,627}
Reconciliation ot funds:
Totsl funds brought forward
368,816
368.816
371,443
Total funds carried forward
383,090
383,090
368,816
Page 12