## ## ## |||||Page| |---|---|---|---|---| |Strategic report||||1-4| |Trustees'
report||||5 —11| |Independent
auditor's|report|||12- 14| |Group profit and loss|account|||15| |Group and company|balance|sheets||16| |Group statement
ofchanges||in|equity|17| |Company
statement|ofchanges||in equity|18| |Group statement
ofcash flows||||19| |Company
statement|ofcash|flows||20| |Notes to the financial|statements|||21-33| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The table below outlines|the numbers|of available|units and the|services provided|at each ofthe properties|at each ofthe properties|managed| |---|---|---|---|---|---|---|---| |by the ATD:|||Independent|Supported|Housing|Residential|| ||||Living|Housing|With Care|Care|| |Property
Owned
Fern House, Bingley|||||49|30|| |Grove House,
llkley|||||42|16|| |The Beeches Menston|||||28||| |Kirkview,
Shipley|||||||| |Woodview,
Saltaire|||||||| |School Street, Pudsey|||||||| |Elbolton,
Grassington||||12|||| |Abbeyfield
Court,
llkley|||13||||| |Abbeyfield
Lodge, llkley|||5||||| |Pawson Cottage Homes,|llkley||8||||| |Charles
Edward Sugden|Alms House||7||||| ||||51|12|119|46|| |Managed
Properties|||||||| |Leyland's
Lane, Heaton|||||||| |Ing Royde, Halifax|||||30||| |Abbeyfield
House, Settle||||12|||| |Abbeyfield
House, Bamoldswick||||12|||| |Woodlands,
Skipton|||||31||| ||||4|24|61|0|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Notes|2023f|2022f| |---|---|---|---|---| |Turnover|||7,628,574|6,737,206| |Operating
costs|||(7,458,792)|(7,002,096)| |Other operating
income|||160,126|583,612| |Gross surplus|||329,908|318,722| |Interest receivable|and similar income||234|9,595| |Interest payable
and similar expenses|||(363,172)|(202,137)| |(Loss)/profit
before taxation|||(33,030)|126,180| |Tax on (loss)/profit|||(990)|(462)| |(Loss)/profit
for|the financial year||(34,020)|125,718| ## ||||||Group||Company|| |---|---|---|---|---|---|---|---|---| ||||||2023|2022|2023|2022| |||||Notes||f|f|f| |Fixed assets||||||||| |Tangible assets
Investments||||10
11|25,386,924
51,111|25,594,012
91,627|24,396,685
6|24,629,954
6| ||||||25,438,035|25,685,639|24,396,691|24,629,960| |Current assets||||||||| |Debtors||||14|328,838|361,317|320,585|359,038| |Cash at bank and|in hand||||403,264|439,387|305,392|363,948| ||||||732,102|800,704|625,977|722,986| |Creditors: amounts
year||falling|due within one|15|(1,032,778)|(945,871)|(1,012,957)|(925,753)| |Net current liabilities|||||(300,676)|(145,167)|(386,980)|(202,767)| |Total assets less|current||liabilities||25,137,359|25,540,472|24,009,711|24,427,193| |Creditors: amounts
than one year||falling|due after more|17|(14,567,330)|(14,936,423)|(14,315,393)|(14,676,206)| |Net assets|||||10,570,029|10,604,049|9,694,318|9,750,987| |Capital and reserves
Designated
reserves
Profit and loss reserves||||19
19|3,306
10,566,723|2,755
10,601,294|9,694,318|9,750,987| |Total equity|||||10,570,029|10,604,049|9,694,318|9,750,987| ## ## ## |||Designated|Profit and|Total| |---|---|---|---|---| |||reserves|loss|| ||||reserves|| |||E|E|| |Balance at 1 April 2021||2,200|10,476,131|10,478,331| |Year ended 31 March 2022:||||| |Profit and total comprehensive|income||125,718|125,718| |Transfers||555|(555)|| |Balance at 31 March 2022||2,755|10,601,294|10,604,049| |Year ended 31 March 2023:||||| |Loss and total comprehensive|income||(34,020)|(34,020)| |Transfers||551|(551)|| |Balance at 31 March 2023||3,306|10,566,723|10,570,029| ## ## |||Profit and| |---|---|---| |||loss| |||reserves| |||6| |Balance at 1 April 2021||9,637,129| |Year ended 31 Iillarch 2022:||| |Profit and total comprehensive|income for the year|113,858| |Balance at 31 March 2022||9,750,987| |Year ended 31 March 2023:||| |Loss and total comprehensive|income for the year|(56,669)| |Balance at 31 March 2023||9,694,318| ## ||||||2023||2022|| |---|---|---|---|---|---|---|---|---| |||||Notes|||f|| |Cash flows from operating||activities||||||| |Cash generated
from operations||||22||711,170||476,972| |Interest paid||||||(363,172)||(202,137)| |Income taxes paid||||||(462)||(1,409)| |Net cash|inflow from operating||activities|||347,536||273,426| |Investing|activities|||||||| |Purchase|oftangible
fixed assets||||(190,433)||(173,904)|| |Proceeds|from disposal of investments||||40,516||(8,540)|| |Interest received|||||168||507|| |Dividends|received||||581||2,874|| |Other income received
from||investments|||(515)||6,214|| |Net cash|used in investing|activities||||(149,683)||(172,849)| |Financing|activities|||||||| |Repayment|of bank loans||||(233,976)||(325,034)|| |Net cash|used in financing|activities||||(233,976)||(325,034)| |Net decrease
In cash and||cash|equivalents|||(36,123)||(224,457)| |Cash and|cash equivalents|at beginning||ofyear||439,387||663,844| |Cash and|cash equivalents|at end of||year||403,264||439,387| ## ## ||||2023||2022|| |---|---|---|---|---|---|---| |||Notes|f||f|| |Cash flows from operating|activities|||||| |Cash generated
from operations||23||671,692||441,235| |Interest
paid||||(354,566)||(194,479)| |Net cash inflow from operating
activities||||317,126||246,756| |Investing
activities||||||| |Purchase
oftangible
fixed assets|||(145,433)||(152,991)|| |Interest received|||142||505|| |Net cash used in Investing|activities|||(145,291)||(152,486)| |Financing
activities||||||| |Receipt/(repayment)
of bank loans|||(230,391)||(271,996)|| |Net cash used
In financing|activities|||(230,391)||(271,996)| |Net decrease
in cash and|cash equivalents|||(58,556)||(177,726)| |Cash and cash equivalents|at beginning|ofyear||363,948||541,674| |Cash and cash equivalents|at end of|year||305,392||363,948| ## ## ## ## ## ## ## ## |Building structure|1%on cost| |---|---| |Roofs|2% on cost| |Windows
and doors|2% on cost| |Kitchens and bathrooms|3.33%on cost| |Lifts|6.67%on cost| |Fixtures, fittings and equipment|20% on cost| |Computers|33.33%on cost| |Motor vehicles|20% on cost| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Turnover|and othe|r reven|ue||| |---|---|---|---|---|---| |||||2023|2022| ||||||f| |Turnover|analysed|by class ofbusiness|||| |Social housing
rentals||||4,313,732|3,808,519| |Residential|care fees|||1,963,495|1,627,079| |Domiciliary|care income|||1,164,452|1,148,241| |Day centre charges||||68,548|50,502| |Ground
rents and maintenance||||8,208|6,203| |Other activities
and||sundry|income|93,708|39,612| |Recharge|ofcosts|and services||16,431|57,050| |||||7,628,574|6,737,206| |||||2023|2022| |||||f.|f| |Other significant||revenue|||| |Donations|received|||6,792|29,348| |Donation|of Elbolton||||18,677| |Dividends|received||||581| |Grants received||||151,652|457,699| |insurance|income|||1,682|| |Overage received|||||77,888| |||||160,126|583,612| ## |3|Turnover|and other|revenue|||(Continued)| |---|---|---|---|---|---|---| ||||||2023|2022| |||||||E| ||Turnover|analysed|by geographical|market||| ||United
Kingdom||||7,628,574|6,737,206| ## |||||||Group|Group||Company|| |---|---|---|---|---|---|---|---|---|---|---| |||||||2023||2022|2023|2022| |||||||Number||Number|Number|Number| ||Operational|||||227||225|227|225| ||Governance|and support|||||17|18|17|18| ||Total|||||244||243|244|243| ||Their aggregate||remuneration||comprised:|||||| |||||||Group|||Company|| |||||||2023||2022|2023|2022| ||||||||E|E|E|E| ||Wages and|salaries||||5,050,575||4,771,194|5,050,575|4,771,194| |5|Gross surplus|||||||||| ||||||||||2023|2022| ||||||||||E|E| ||Operating
profit||for|the year is|stated after|charging/(crediting):||||| ||Government|grants|||||||(151,652)|(457,669)| ||Depreciation|ofowned tangible|||fixed assets||||397,517|412,159| |6|Interest receivable|||and similar Income||||||| ||||||||||2023|2022| ||||||||||E|E| ||Interest income|||||||||| ||Interest on bank||deposits||||||168|507| ||Other income from investments|||||||||| ||Dividends
received||||||||581|2,874| ||Gains on financial|||instruments|measured|at fair value through|profit|or loss|(515)|6,214| ||Total income||||||||234|9,595| ## |7|Interest|payable and|similar expenses|similar expenses|similar expenses|||| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||||||||E|E| ||Interest|on financial|liabilities||measured|at amortised cost:||| ||Interest|on bank overdrafts||and|loans||363,172|202,137| |8|Auditor's
remuneration|||||||| ||||||||2023|2022| ||Fees payable to the company's||||auditor and|associates:|E|E| ||For audit services|||||||| ||Audit of|the financial statements|||ofthe group and company||18,600|17,433| ||Audit of|the financial statements|||ofthe|||| ||company's
subsidiaries||||||7,800|1,920| ||||||||26,400|19,353| |9|Taxation|||||||| ||||||||2023|2022| ||||||||E|E| ||Current|tax||||||| ||UK corporation
tax on||profits for||the current|period|990|462| ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| ||||||||E|E| |(Loss)/profit
before taxation|||||||(33,030)|126,180| |Expected tax (credit)/charge|based on the standard|||rate ofcorporation||tax in||| |the UK of19.00/0 (2022:19.00||/0)|||||(6,276)|23,974| |Tax effect ofexpenses
that|are|not deductible|in determining||taxable profit||7,266|| |Tax effect of income not taxable||in determining|taxable profit|||||(23,512)| |Taxation charge|||||||990|462| ## |10|Tangible fixed assets|Tangible fixed assets|||||||| |---|---|---|---|---|---|---|---|---|---| ||Group|||Building
structure|Roofs|Lifts|Fixtures,
fittings and|Motor
vehicles|Total| ||||||||equipment||| ||||||||E||| ||Cost||||||||| ||At 1 April 2022|||25,677,284|1,537,961|484,668|1,033,280|12,335|28,745,528| ||Additions|||61,126|3,960|834|124,512||190,432| ||At 31 March|2023||25,738,410|1,541,921|485,502|1,157,792|12,335|28,935,960| ||Depreciation|and|||||||| ||Impairment||||||||| ||At 1 April 2022|||1,987,281|159,654|155,794|846,320|2,467|3,151,516| ||Depreciation|charged|in the||||||| ||year|||277,829|30,759|32,298|54,167|2,467|397,520| ||At 31 March|2023||2,265,110|190,413|188,092|900,487|4,934|3,549,036| ||Carrying
amount||||||||| ||At 31 March|2023||23,473,300|1,351,508|297,410|257,305|7,401|25,386,924| ||At 31 March|2022||23,690,003|1,378,307|328,874|186,960|9,868|25,594,012| ||Company|||evading
sti'Uctum|Roofs|Lifts|Fixtures,
fittings
and|Computers|Total| ||||||||equipment||| ||Cost||||||||| ||At 1 April 2022|||24,682,322|1,537,961|484,667|956,096|12,335|27,673,381| ||Additions|||61,126|3,960|835|79,512||145,433| ||At 31 March|2023||24,743,448|1,541,921|485,502|1,035,608|12,335|27,818,814| ||Depreciation|and|||||||| ||impairment||||||||| ||At 1 April 2022|||1,897,445|159,654|155,794|828,067|2,467|3,043,427| ||Depreciation|charged|in the||||||| ||year|||264,129|30,759|32,298|49,049|2,467|378,702| ||At 31 March|2023||2,161,574|190,413|188,092|877,116|4,934|3,422,129| ||Carrying
amount||||||||| ||At 31 March|2023||22,581,874|1,351,508|297,410|158,492|7,401|24,396,685| ||At 31 March|2022||22,784,877|1,378,307|328,873|128,029|9,868|24,629,954| ## |11|Fixed asset|investments|||||| |---|---|---|---|---|---|---|---| |||||Group||Company|| |||||2023|2022|2023|2022| ||||Notes|S|E|E|f| ||Investments|in subsidiaries|12||||| ||Unlisted
investmsnts|||51,111|91,627||| |||||51,111|91,627||| ||Movements|In fixed asset investments|||||| ||Group||||||Investments
f| ||Cost or valuation||||||| ||At 1 April 2022||||||91,627| ||Valuation
changes||||||(516)| ||Disposals||||||(40,000)| ||At 31 March|2023|||||51,111| ||Carrying
amount||||||| ||At 31 March|2023|||||51,111| ||At 31 March|2022|||||91,627| ||Movements|in fixed asset investments|||||| ||Company||||||Shares
in| ||||||||subsidiariesf| ||Cost or valuation||||||| ||At 1 April 2022 and 31 March 2023||||||| ||Carrying
amount||||||| ||At 31 March|2023|||||| ||At 31 March|2022|||||| ## |Name of undertaking|Name of undertaking||Registered|offlce|Class of|%Held| |---|---|---|---|---|---|---| ||||||shares held|Direct| |Abbsyfield|Court Limited||England||Ordinary|100| |Abbeyfield|Lodge (llkley) Limited||England||Ordinary|100| |Pawson Cottages Homes|||England||Trustee|100| |Charles|Edward|Sugden's|England||Trustee|100| |Almshouses||||||| ## ## |13|Financial
ins|tru|m|ents|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Group||Company|| |||||||||||2023|2022|2023|2022| |||||||||||E|E.|E|E| ||Carrying
amount|||of|financial|||assets|||||| ||Debt instruments|||measured|||at amortised||cost|141,958|141,601|142,140|150,826| ||instruments
measured||||at fair value through||||||||| ||profit or loss|||||||||51,111|91,627||| ||Carrying
amount|||of|financial|||liabilities|||||| ||Measured
at|amonised||||cost||||8,613,687|8,782,278|8,465, 139|8,623,491| |14|Debtors||||||||||||| |||||||||||Group||Company|| |||||||||||2023|2022|2023|2022| ||Amounts
falling|||due|within||one year:|||E|E|E|E| ||Trade debtors|||||||||112,814|121,347|112,374|119,157| ||Other debtors|||||||||29,144|20,254|29,766|31,669| ||Prepayments|and||accrued income||||||186,880|219,716|178,445|208,212| |||||||||||328,838|361,317|320,585|359,038| |15|Creditors: amounts||||failing||due within||one year||||| |||||||||||Group||Company|| |||||||||||2023|2022|2023|2022| ||||||||||Notes|E|E|E|E| ||Bankloans||||||||18|128,364|286,980|125,716|283,395| ||Trade creditors|||||||||392,464|339,049|383,153|333,603| ||Amounts
owed||to|group||undertakings||||||10,180|3,263| ||Corporation
tax payable|||||||||990|462||| ||Other taxation||and social security|||||||63,810|69,427|63,810|69,427| ||Government|grants|||||||16|116,406|109,004|109,640|109,004| ||Other creditors|||||||||210,792|37,191|210,792|34,988| ||Accruals and|deferred|||income|||||119,952|103,758|109,666|92,073| |||||||||||1,032,778|945,871|1,012,957|925,753| |18|Deferred grants||||||||||||| |||||||||||Group||Company|| |||||||||||2023|2022|2023|2022| |||||||||||E|E||E| ||Arising
from|government||||grants||||6,921,621|7,030,127|6,799,401|6,909,041| ## |16|Deferred grants|Deferred grants|||||||(Continued)| |---|---|---|---|---|---|---|---|---|---| ||Deferred income is included|||in the financial statements||as follows:|||| ||Current
liabilities|||||116,406|109,004|109,640|109,004| ||Non-current|liabilities||||6,805,215|6,921,123|6,689,761|6,800,037| |||||||6,921,621|7,030,127|6,799,401|6,909,041| |17|Creditors:|amounts|falling|due after more than|one year||||| |||||||Group||Company|| |||||||2023|2022|2023|2022| |||||Notes||E|E|E|E| ||Bank loans|and overdrafts||18||7,762,115|7,837,475|7,625,632|7,698,344| ||Government|grants||16||6,805,215|6,921,123|6,689,761|6,800,037| ||Other creditors||||||177,825||177,825| ||||||14,567,330||14,936,423|14,315,393|14,676,206| |18|Loans and|overdrafts|||||||| |||||||Group||Company|| |||||||2023|2022|2023|2022| |||||||E|E|E|E| ||Bank loans|||||7,890,479|8,124,455|7,751,348|7,981,739| ||Payable
within one year|||||128,364|286,980|125,716|283,395| ||Payable after one year|||||7,762,115|7,837,475|7,625,632|7,698,344| ## ## ## ## |22|Cash generated
from group oper|ation|s||| |---|---|---|---|---|---| |||||2023|2022| |||||f|f| ||(Loss)/profit
for the year atter tax|||(34,020)|125,718| ||Adjustments
for:||||| ||Taxation charged|||990|462| ||Finance costs|||363,172|202,137| ||Investment
income|||(234)|(9,595)| ||Depreciation
and impairment
oftangible||fixed assets|397,520|412,157| ||Movements
in working
capital:||||| ||Decrease/(increase)
in debtors|||32,479|(99,223)| ||Increase/(decrease)
in creditors|||59,769|(42,864)| ||Decrease
in deferred
income|||(108,506)|(111,820)| ||Cash generated
from operations|||711,170|476,972| |23|Cash generated
from operations|-company|||| |||||2023
f.|2022f| ||(Lass)/profit
for the year after tax|||(56,670)|113,857| ||Adjustments
for:||||| ||Finance costs|||354,566|194,479| ||Investment
income|||(142)|(505)| ||Depreciation
and impairment
oftangible||fixed assets|378,702|395,358| ||Movements
In working capital:||||| ||Decrease/(increase)
in debtors|||38,454|(97,744)| ||Increase/(decrease)
in creditors|||66,422|(55,206)| ||Decrease
in deferred
income|||(109,640)|(109,004)| ||Cash generated
from operations|||671,692|441,235|