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← Chesterfield and District Society for People with a Disability

2023-03-31-accounts

REGISTERED COMPANY NUMBER: 03442643 (England and Wales) REGISTERED CHARITY NUMBER: 1066584

Report of the Trustees and

Audited Financial Statements for the Year Ended 31 March 2023

for

Chesterfield & District Society for people with a disability

Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

Chesterfield & District Society for people with a disability

Contents of the Financial Statements for the year ended 31 March 2023

Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 10
Statement of Financial Activities 11
Statement of Financial Position 12 to 13
Statement of Cash Flows 14
Notes to the Statement of Cash Flows 15 to 16
Notes to the Financial Statements 17 to 29
Detailed Statement of Financial Activities 30 to 31

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

Page 1

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

OBJECTIVES AND ACTIVITIES

The Charity is a registered care provider with the Care Quality Commission and Ofsted. The Charity provides a registered domiciliary service in the community providing 24 hour support to people with a learning disability and complex health needs.

Ability have been providing care and support to people with learning disabilities and/or mental health problems since 1952. The Charity aims to deliver services that promote inclusion, empowerment, rights and choices.

Ability aims to provide support for those people who cannot wholly look after themselves. The Charity provides services in people's own homes, at times convenient to them and in ways in which they find most agreeable. The Charity has very sound principles for the way in which they deliver their services with the belief that the rights of service users are paramount.

All services provided by Ability subscribe to the following principles:

Everyone must be valued and treated with dignity and respect.

Everyone has the right to live as independently as possible, according to their choices, abilities and needs. Everyone has the right to privacy.

Everyone should be able to use local community facilities and services. Everyone's life can be made richer by a wide circle of friendships and relationships.

The Charity aims to:

Provide personal care and support in ways that have positive outcomes for service users. Fully understand each individual service user's needs and wishes.

Develop and implement an individual package of care for each service user to ensure that the care being offered meets the service user's needs.

Monitor and review this package of care to respond to any changing pattern of needs. Monitor and review the quality of our services through regular service user feedback, internal and external audit processes and consultation with purchasing agencies.

Employ a high quality work force with support and training to the standards set by the National Training Organisation and other government regulations.

The nature of the services which the Charity provides are: Domiciliary care 24 hours 7 days a week. Supported living. Respite services at Ash Lodge site. Day services.

Ability provides domiciliary care, respite, supported living outreach and day services to people with a learning disability, complex health needs or a mental health problem within their own/family home.

The Charity's aim is to provide a high standard of care, which will help to promote the best quality of life for the service users, consistent with their abilities and rights to:

Privacy Dignity Independence Security Civil Rights Choice Fulfilment

Page 2

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

Domiciliary Care Services refer specifically to those services where personal care is required:

Physical care at the required level supporting people with using the toilet, having a bath or a shower, getting dressed and cooking or eating.

Non-physical care such as advice, encouragement and supervision i.e. prompting a person to take a bath and supervising them during this.

In most instances, this personal care is provided alongside other Support Services in terms of ability's role as a specialist support & care provider in the community.

Ability has developed and implemented a wide range of policies and procedures, which help the Organisation to deliver its services in a very professional and safe manner. Policies and procedures cover, amongst others, such matters as:

Promoting independence Person centre planning Assisting with medication First aid Equal opportunities for service users Confidentiality Risk management & assessment Provision of non-discriminatory services Health & safety matters Fire and emergency procedures Moving & handling Safeguarding prevention of abuse of vulnerable adults Deprivation of liberty Human rights Complaints Personnel issues Financial procedures Quality assurance These are all designed to ensure that our staff are fully aware of their responsibilities and are enabled to do their jobs efficiently.

The Charity's staff undertake a thorough induction, including the Common Induction Standards, The Domiciliary Care handbook and training pack and the Human Resources Manual. A training programme is designed to meet individual needs and on-going training through the extensive ability In-house Training Programme. This is supplemented through staff attendance at external courses as appropriate. After 6 months probationary period is completed, all staff are trained to National Vocational Qualifications level 3 HSC and first Line Managers to level 4 HSC and the Registered Managers Award.

The vast majority of staff have either obtained the relevant National Vocational Qualifications in Care and/or Management or are in the process of undertaking these courses

Most of the Charity's services are purchased by local Social Service departments and Health Authority NHS PCT.

Page 3

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The performance achieved was in accordance with the objectives set.

Fundraising activities

The performance achieved was in accordance with the objectives set.

Subsidiary Performance

The performance achieved was in accordance with the objectives set.

FINANCIAL REVIEW

Principal funding sources

The principal funding sources for the charity have been grant and contract income from Derbyshire County Council and North East Derbyshire Primary Care Trust.

Bank Funding

In October 2008 the charity purchased and refurbished Ash Lodge, this was partly financed by a bank loan, £187,130 (2022: £211,129) of which was still owed by the charity at the balance sheet date. These premises are used for the provision of training and outreach services.

In July 2013 the charity purchased a house on Church Close, Staveley. This was partly financed by a bank loan, £nil (2022: £121,342) of which is owed by the charity at the balance sheet date as all the balance has been paid off. These premises are let to Ability Supported Living Derbyshire Ltd for the provision of accommodation to users.

In March 2016 the charity purchased a house at Barrow Hill, Chesterfield. This was partly financed by a bank loan, £73,074 (2022: £79,754) of which is owed by the charity at the balance sheet date. These premises are let out at a market rent.

Reserves policy

The trustees have established a policy whereby the funds not committed or invested in tangible assets (the 'free reserves') should be enough to cover the expenses incurred if it was unable to secure adequate short term funding and also to enable it to make any investment necessary to secure its future. The trustees feel that the current level of free reserves is within this target.

Increase in funds

During the year the Trust has had a net increase in funds as shown on the Statement of Financial Activities on Page 11.

Subsidiary policy

The taxable profits of the subsidiary have been donated, in full to the Charity.

FUTURE PLANS

The future plans of the charity are to continue with current objectives whilst actively seeking new revenue streams.The Charity anticipates that Covid 19 will have an impact on the future activities of the Charity. It may affect the level of services that the Charity will be able to provide in the future but the Charity will adapt and take advantage of any opportunities that present themselves.

Page 4

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is established as a company limited by guarantee, without share capital, and is registered as a charity with the Charity Commission. The affairs of the charity are governed by its Memorandum and Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees

Any new appointments are at the recommendation of the board.

Organisational structure

The charity is managed by the Board of Directors. The Directors are also charity trustees for the purposes of charity law and are known as members of the Executive Committee. The committee is elected annually.

The Charity has continued to deliver high quality services with a focus on service user choice. The accounts for 2022/23 show a surplus of £63,638 before gains on investments. Management has worked hard to cut out unnecessary expenditure, improve working practices, and introduce new procedures. The Charity is no longer reliant on agency staff and further investments have been made in staff and systems. Trustees are looking to the future with a high degree of confidence.

Induction and training of new trustees

New trustees are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. In addition they are encouraged to familiarise themselves with the charity and the context within which it operates.

Related parties

The charity acquired a wholly owned subsidiary on 31 July 2013. The subsidiary, Ability Supported Living Derbyshire Limited, was incorporated on 31 July 2013 for the purpose of the provision of supported living accommodation.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03442643 (England and Wales)

Registered Charity number

1066584

Registered office

Unit 29/31, Coney Green Business Centre 103 Wingfield View Clay Cross Chesterfield S45 9JW

Trustees

T D Holmes Trustee C Holmes Trustee (resigned 6.1.23) G R Cooling Trustee (appointed 9.12.22) T J Lindley Trustee (appointed 23.1.23)

Page 5

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Auditors

Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

Solicitors

Keiran Clarke Green 36 Clarence Road Chesterfield S40 1XB

Bankers

Barclays Bank Rose Hill Chesterfield Derbyshire

Nat West 5 Market Place Chesterfield Derbyshire

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Chesterfield & District Society for people with a disability for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

Page 6

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2023

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to the guidance published by the Charity Commission.

AUDITORS

The auditors, Royston Parkin Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 4 September 2023 and signed on its behalf by:

T D Holmes - Trustee

Page 7

Report of the Independent Auditors to the Members of Chesterfield & District Society for people with a disability

Opinion

We have audited the financial statements of Chesterfield & District Society for people with a disability (the 'charitable company') for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Page 8

Report of the Independent Auditors to the Members of Chesterfield & District Society for people with a disability

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 9

Report of the Independent Auditors to the Members of Chesterfield & District Society for people with a disability

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Lynn Catherine Pridmore (Senior Statutory Auditor) for and on behalf of Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

4 September 2023

Page 10

Chesterfield & District Society for people with a disability

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 March 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Charitable activities
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Charitable activities
Other
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 2023
Unrestricted
Restricted
Total
funds
fund
funds
£
£
£
2,383
-
2,383
1,866,276
-
1,866,276
30,448
-
30,448
38,440
-
38,440
1,937,547
-
1,937,547
-
-
-
1,855,267
157
1,855,424
18,485
-
18,485
1,873,752
157
1,873,909
63,795
(157)
63,638
1,260,270
157
1,260,427
1,324,065
-
1,324,065		 2022
Total
funds
£
12,249
1,900,503
13,064
31,249
1,957,065
122
1,746,362
11,151
1,757,635
199,430
1,060,997
1,260,427

The notes form part of these financial statements

Page 11

Chesterfield & District Society for people with a disability

Statement of Financial Position 31 March 2023

Notes
FIXED ASSETS
Tangible assets
15
Investments
Investments
16
Investment property
17
CURRENT ASSETS
Stocks
18
Debtors
19
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
20
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one
year
21
NET ASSETS
FUNDS
25
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2023
£
537,362
1
273,069
810,432
3,000
257,331
863,735
1,124,066
(382,176)
741,890
1,552,322
(228,257)
1,324,065
1,324,065
-
1,324,065		 2022
£
556,336
1
273,069
829,406
3,000
228,714
829,206
1,060,920
(234,203)
826,717
1,656,123
(395,696)
1,260,427
1,260,270
157
1,260,427

The notes form part of these financial statements

continued...

Page 12

Chesterfield & District Society for people with a disability

Statement of Financial Position - continued 31 March 2023

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

The financial statements were approved by the Board of Trustees and authorised for issue on 4 September 2023 and were signed on its behalf by:

T D Holmes - Trustee

The notes form part of these financial statements

Page 13

Chesterfield & District Society for people with a disability

Statement of Cash Flows for the year ended 31 March 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of investment property
Sale of tangible fixed assets
Interest received
Dividends received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Loan interest in year
Net cash used in financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end
of the reporting period
2		 2023
£
120,068
(18,485)
101,583
(64,567)
-
-
1,091
13,324
(50,152)
(152,022)
18,366
(133,656)
(82,225)
783,867
701,642		 2022
£
288,698
(11,151)
277,547
-
(33,069)
4,331
39
7,210
(21,489)
(25,850)
11,005
(14,845)
241,213
542,654
783,867

The notes form part of these financial statements

Page 14

Chesterfield & District Society for people with a disability

Notes to the Statement of Cash Flows for the year ended 31 March 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Interest paid
Dividends received
Decrease in debtors
Decrease in creditors
Net cash provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within
one year
Total cash and cash equivalents		 2023
£
63,638
83,540
-
(1,091)
18,485
(13,324)
52,540
(83,720)
120,068
2023
£
835
862,900
(162,093)
701,642		 2022
£
199,430
69,636
3,576
(39)
11,151
(7,210)
30,387
(18,233)
288,698
2022
£
453
828,753
(45,339)
783,867

The notes form part of these financial statements

Page 15

Chesterfield & District Society for people with a disability

Notes to the Statement of Cash Flows for the year ended 31 March 2023

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.22 Cash flow At 31.3.23
£ £ £
Net cash
Cash at bank and in hand 829,206 34,529 863,735
Bank overdraft (45,339) (116,754) (162,093)
783,867 (82,225) 701,642
Debt
Debts falling due within 1 year (16,529) (15,418) (31,947)
Debts falling due after 1 year (395,696) 167,439 (228,257)
(412,225) 152,021 (260,204)
Total 371,642 69,796 441,438

The notes form part of these financial statements

Page 16

Chesterfield & District Society for people with a disability

Notes to the Financial Statements for the year ended 31 March 2023

1. CONTINUING OPERATIONS

The results for the year derive from continuing activities and there are no gains or losses other than shown above.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Chesterfield & District Society for people with a disability as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided on fixtures, fittings, equipment and motor vehicles at 30%, on a reducing balance basis, so as to write off the cost of each asset, less estimated residual value, over its expected useful life.

No depreciation is provided on freehold land.

Depreciation is provided on refurbishment of freehold buildings at 4% on a straight line basis.

The charity carries out a periodic impairment review of all assets which are not depreciated.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

continued...

Page 17

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Irrecoverable Value Added Tax on expenditure has been included with the cost to which it relates

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds are part of Unrestricted funds that the Trustees have earmarked for a particular use, without restricting or committing the funds legally. The designation may be cancelled by the Trustees if they later decide that the Charity should not continue with the project for which the funds were designated.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Gifts in kind

The society received the benefit of work carried out by volunteers, and received the use of facilities and equipment without charges. Although the Charity would be unable to continue without the help and support of these volunteers, there has been no monetary value is placed on these items within the accounts.

continued...

Page 18

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

3.
DONATIONS AND LEGACIES
Donations
Grants
Grants received, included in the above, are as follows:
Derbyshire County Council
4.
OTHER TRADING ACTIVITIES
Restaurant income
Sundry income
Rental income from subsidiary
5.
INVESTMENT INCOME
Rent from investment property
Donation from subsidiary
Deposit account interest		 2023
£
70
2,313
2,383
2023
£
2,313
2023
£
219
17,229
13,000
30,448
2023
£
24,025
13,324
1,091
38,440		 2022
£
790
11,459
12,249
2022
£
11,459
2022
£
200
-
12,864
13,064
2022
£
24,000
7,210
39
31,249

continued...

Page 19

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

6.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Income from services
provided
Charitable activities
7.
RAISING FUNDS
Other trading activities
Purchases
8.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Charitable activities
1,845,897
9.
SUPPORT COSTS
Management
£
Charitable activities
1,169
10.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Deficit on disposal of fixed assets		 2023
£
1,866,276
2023
£
-
Support
costs (see
note 9)
£
9,527
Governance
costs
£
8,358
2023
£
83,541
-		 2022
£
1,900,503		 2022
£
1,900,503
2022
£
122
Totals
£
1,855,424		 2022
£
122
Totals
£
9,527
2022
£
69,635
3,576		 Totals
£
9,527

continued...

Page 20

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

11. AUDITORS' REMUNERATION

AUDITORS' REMUNERATION
2023 2022
£ £
Fees payable to the charity's auditors for the audit of the charity's
financial statements 8,358 8,544

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

13. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2023
£
1,376,113
115,393
28,252
1,519,758		 2022
£
1,323,921
109,862
26,146
1,459,929

The average monthly number of employees during the year was as follows:

2023 2022
Charity employees 59 62

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2023 2022
£60,001 - £70,000 1 1

continued...

Page 21

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activities
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Charitable activities
Other
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
funds
£
12,249
1,900,503
13,064
31,249
1,957,065
122
1,746,295
11,151
1,757,568
199,497
1,060,773
1,260,270		 Restricted
fund
£
-
-
-
-
-
-
67
-
67
(67)
224
157		 Total
funds
£
12,249
1,900,503
13,064
31,249
1,957,065
122
1,746,362
11,151
1,757,635
199,430
1,060,997
1,260,427

continued...

Page 22

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

15. TANGIBLE FIXED ASSETS

COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Freehold
property
£
1,286,164
-
1,286,164
772,344
51,416
823,760
462,404
513,820		 Fixtures
and
fittings
£
262,999
3,936
266,935
248,219
5,615
253,834
13,101
14,780		 Motor
vehicles
£
42,619
59,888
102,507
23,663
23,653
47,316
55,191
18,956		 Computer
equipment
£
17,919
743
18,662
9,139
2,857
11,996
6,666
8,780		 Totals
£
1,609,701
64,567
1,674,268
1,053,365
83,541
1,136,906
537,362
556,336

Included in cost or valuation of land and buildings is freehold land of £31,091 (2022 - £31,091) which is not depreciated.

16. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
At 1 April 2022 and 31 March 2023 1
NET BOOK VALUE
At 31 March 2023 1
At 31 March 2022 1

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

continued...

Page 23

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

16. FIXED ASSET INVESTMENTS - continued

Ability Supported Living Derbyshire Ltd

Registered office: 12a Beresford Way, Chesterfield, Derbyshire, S41 9FG Nature of business: Supported Living - Accommodation only

%
Class of share:
holding
Ordinary
100
Aggregate capital and reserves
Profit for the year
17.
INVESTMENT PROPERTY
FAIR VALUE
At 1 April 2022
and 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 2023
£
1
364		 2022
£
1
6,280
£
273,069
273,069
273,069

The investment property was revalued on 19th November 2019 on an open market basis by independent valuers Mark Jenkinson & Son.

18.
STOCKS
Stocks
19.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Amounts owed by group undertakings
Other debtors
Accrued income
Prepayments		 2023
£
3,000
2023
£
50,024
155,937
6,415
32,444
12,511
257,331		 2022
£
3,000
2022
£
66,796
140,611
6,415
8,256
6,636		 2022
£
3,000
228,714

continued...

Page 24

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

20. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
£
Bank loans and overdrafts (see note 22)
194,040
Trade creditors
4,273
Amounts owed to group undertakings
86,468
Credit card balance
1,053
Wages control
21,354
Deferred income
-
Accrued expenses
74,988
382,176
21.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023
£
Bank loans (see note 22)
228,257
22.
LOANS
An analysis of the maturity of loans is given below:
2023
£
Amounts falling due within one year on demand:
Bank overdrafts
162,093
Bank loans
31,947
194,040
Amounts falling between one and two years:
Bank loans
228,257
23.
SECURED DEBTS
The following secured debts are included within creditors:
2023
£
Bank loans
260,204		 2022
£
61,868
8,021
70,733
677
22,553
7,710
62,641
234,203
2022
£
395,696
2022
£
45,339
16,529
61,868
395,696
2022
£
412,225

The bank loan with Nat West is secured on the Charity's property at 73 Old Road, Chesterfield and its associated assets. The loan represents 94% (2022 92%) of the NBV of the property.

The bank loan with Barclays was secured on the Charity's property at 1 Church Close, Chesterfield. The loan has fully repaid now.

Page 25

continued...

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

23. SECURED DEBTS - continued

The second bank loan with Barclays is secured on the Charity's property at Barrow Hill, Chesterfield. The loan represents 27% (2022 29%) of the fair value of the property.

24. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities		 Unrestricted
funds
£
537,362
273,070
1,124,066
(382,176)
(228,257)
1,324,065		 Restricted
fund
£
-
-
-
-
-
-		 2023
Total
funds
£
537,362
273,070
1,124,066
(382,176)
(228,257)
1,324,065		 2022
Total
funds
£
556,336
273,070
1,060,920
(234,203)
(395,696)
1,260,427

25. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 At 1.4.22
£
1,138,251
122,019
1,260,270
157
1,260,427		 Net
movement
in funds
£
53,136
10,659
63,795
(157)
63,638		 At
31.3.23
£
1,191,387
132,678
1,324,065
-
1,324,065

Page 26

continued...

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

25. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Incoming
resources
£
1,911,223
26,324
1,937,547
-
1,937,547
At 1.4.21
£
945,291
115,482
1,060,773
224
1,060,997		 Resources
expended
£
(1,858,087)
(15,665)
(1,873,752)
(157)
(1,873,909)
Net
movement
in funds
£
192,960
6,537
199,497
(67)
199,430		 Movement
in funds
£
53,136
10,659
63,795
(157)
63,638
At
31.3.22
£
1,138,251
122,019
1,260,270
157
1,260,427

continued...

Page 27

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

25. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,936,991
(1,744,031)
Designated fund
20,074
(13,537)
1,957,065
(1,757,568)
Restricted funds
Restricted Funds
-
(67)
TOTAL FUNDS
1,957,065
(1,757,635)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.4.21
in funds
£
£
Unrestricted funds
General fund
945,291
246,096
Designated fund
115,482
17,196
1,060,773
263,292
Restricted funds
Restricted Funds
224
(224)
TOTAL FUNDS
1,060,997
263,068		 Movement
in funds
£
192,960
6,537
199,497
(67)
199,430
At
31.3.23
£
1,191,387
132,678
1,324,065
-
1,324,065

continued...

Page 28

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2023

25. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Incoming
resources
£
3,848,214
46,398
3,894,612
-
3,894,612		 Resources
expended
£
(3,602,118)
(29,202)
(3,631,320)
(224)
(3,631,544)		 Movement
in funds
£
246,096
17,196
263,292
(224)
263,068

26. RELATED PARTY DISCLOSURES

During the year the Charity paid Excel Automotive Limited, a related party of former trustee Davina Bradley £10,332 (2022 £457) for vehicle repairs. These transactions were undertaken at market rates. At the year end the amount due to Excel Automotive Limited was £466 (2022 £nil).

During the year the Charity paid HW Dansie Limited, a related party of trustee Paul Rice, £7,080 (2022 £8,852) for office supplies. These transactions were undertaken at market rates. At the year end the amount due to HW Dansie Limited was £425 (2022 £723).

Page 29

Chesterfield & District Society for people with a disability

Detailed Statement of Financial Activities for the year ended 31 March 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Restaurant income
Sundry income
Rental income from subsidiary
Investment income
Rent from investment property
Donation from subsidiary
Deposit account interest
Charitable activities
Income from services provided
Total incoming resources
EXPENDITURE
Other trading activities
Restaurant costs
Charitable activities
Wages
Social security
Pensions
Rent, rates, light and heat
Insurance
Activities and volunteers expenses
Motor and travelling
Staff training
Carried forward		 2023
£
70
2,313
2,383
219
17,229
13,000
30,448
24,025
13,324
1,091
38,440
1,866,276
1,937,547
-
1,376,113
115,393
28,252
38,928
10,472
7,401
27,173
12,807
1,616,539		 2022
£
790
11,459
12,249
200
-
12,864
13,064
24,000
7,210
39
31,249
1,900,503
1,957,065
122
1,323,921
109,862
26,146
37,232
7,848
9,570
17,106
12,370
1,544,055

This page does not form part of the statutory financial statements

Page 30

Chesterfield & District Society for people with a disability

Detailed Statement of Financial Activities for the year ended 31 March 2023

Charitable activities
Brought forward
Professional fees
Sundries
Cleaning
Bank charges
Telephone
Postage and stationery
Repairs
Computer Costs
Donations paid
Recruitment expenses
Freehold property
Fixtures and fittings
Motor vehicles
Computer equipment
Loss on sale of tangible fixed assets
Other
Bank interest
Other interest
Support costs
Management
Advertising
Governance costs
Auditors' remuneration
Total resources expended
Net income		 2023
£
1,616,539
18,906
3,654
3,352
140
9,190
10,530
75,649
12,933
2,528
8,936
51,415
5,615
23,653
2,857
-
1,845,897
18,365
120
18,485
1,169
8,358
1,873,909
63,638		 2022
£
1,544,055
22,925
2,418
5,084
303
9,640
8,540
48,914
19,461
551
-
51,415
6,334
8,124
3,763
3,576
1,735,103
11,006
145
11,151
2,715
8,544
1,757,635
199,430

This page does not form part of the statutory financial statements

Page 31