Reglstored number: 631694 Charity number: 203245 ABBEYFIELD OXFORD SOCIETY LIMITED(THE) (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 ABBEYFIELD OXFORD SOCIETY LIMITEDITHE IA company limited by guarantee} CONTENTS Page Reference and adminlstrative details of the Company* Its Trustges and advisers Trustee$. report Independent examlner's report Statemgnt of financial a¢tivities Balance sheet 10- 11 Notes to the financlal ststements 12-22 ABBEYFIELD OXFORD SOCIETY LIMITEDITHEI {A company limited by guarantee} REFERENCE AND ADMINISTRATIVE DEfAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trustees Chris Furness. Chaim)an Tim Lambertslock. Treasurer Robert Oldham Ideceaseé 25 January 2025) Andrew Skinner Mrs Elizabeth Parker Mrs Jean Robert (resigned 23 SepteM￿r 20251 Ms Brittany Maguire Iresigned 10 February 20261 Eduardo Leach Nunez lappoinled 10 February 20261 Company rgglster8d number 631694 Charlty rgglstered number 203245 Reglstered office Brian Lewis House, 80 Saint Clements Street, Oxford. Oxon. OX4 1AW Accountants KBDR, The Old Tannery, Hensington Road. Woc*Jstock, Oxon. OX20 1JL Page 1 ABBEYFIELD OXFORD socIErY LIPIIITEDITHE) IA company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees presenl their annual report Icxjether with the finantsal statements of The Abbeyrie￿ Oxford Society Limited for the year 1 Oclober 2024 to 30 September 2025_ The Annual report serves the purposes of both a Trustees, re￿rt and a directors. report under company law_ The Trustees confirm that the Annual report and financial statements of the charitable company comply wth the current statutory requifemenls, the requirements of the charitable compan*s governing document an(J the provisions of Ihe Statement of Recommended Practi￿ {SORPI applicable to d)aribes preparing their accounts in accordance with the Financial Reporting Standard applicatAe in the UK and Republic of Iieland IFRS102) {effeclive 1 January 20191. Since the Company qualifies as small under section 382 of the Companies Acl 2￿6. Ihe Slralegic report required of medium and large Companies under the Companies Act 2006 {Slrategic Report and Directors. Report) Regulations 2013 has been omrtled. Objectives and actlvltles a. Policies and objectlves In setting objeclwes and planning for a¢tivilies. the Trustees have gNen due conshleralion lo geneml guidance published by the Charity Commission ￿L*ling to public benefit, including the guidance'Public benefit.. running a charity IPB2)'. Our objective is to provKle a safe, comfortable and SUPFM)rtive home for our fesidents. all over 55 and most considerably older. We regularfy review our pol￿￿$ and they form the basis for whal we do, the way we do it and how we achieve our objectives through our staff. b. Strategles for achieving objectiv•s Our strategy for achieving our objectives is to own and maintain a conveniently located property- Brian Lewis House- in wh￿h we let r(K)tns to our residenls and centrally provKle all meals, dayii'me staffing and a community which allows for independence whilst also providing Ihe opportunity for social discourse and for shared mealtimes. c. Activities undertaken to achleve objoctives Our tnain activities relate to the provision of individual rooms for our ￿SIdents. Centrally provided meals and social activities io support our reskyenls. This involves employing staff. buying food and other supplies and maintaining the fabric and facilities of the buikling. This indudes maintaining a high standard of deanliness, safety and convenience appropriate for our resmjenis. d. Maln actlvltles undertaken to further the Company's pufj>os¢s for the public benefit In providing affOrda￿e accommodation V￿th meals in a safe and pleasant environment but with a degree of independerkce, we lake away the need for our residents to maintain their own homes, avoKI undue pressure on the care sector as well as releasing valuable housing stod( to families. Page 2 ABBEYFIELD OXFORD SOCIETY LIMITED{THEI {A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Achlevement$ and p¢rfonnance a. Maln a¢hlev¢ment$ of the Company a. Exe¢utlve Committ¢¢ Report This report Covers Ihe 12 months from 1s1 Oclober 2024 to 301h September 2025. although some more recent developments may be included. Our Soclety The Society's purpose is lo provide a pleasant and supportive home for older people over the age of 55. We have eleven r¢)oms and our residents are currently mostly in their 80s arKJ 90s. We aim lo ensure that residenls Can enjoy the comfort and security offered by our community In Brian Lewis House. with their main meals provided and Iheir living accommodation mainlained and healed. all al a reasonable rent. The key benefits indijde safety. securty and an experienced staff who are on hand during the day to provide meals. 8dvits and support when required wth everyday living. They also ensure that the House continues lo run smoolhty- Our SOc￿ty is run independentty and as a Charity by our Trustees under the Abberfield name. As a non- profilmaking charity, we follow the principles of the national Abbeyfield OTganisalion and we aim lo cover costs and to have sufficient resetves to ensure security of tenure for residents in the bng temi. The key element of our House is thal our resKlents a￿ enabkd lo live an Independent life, being supported as already outlined bul in the conlext of being able to enjoy the freedoms and choices that they will have previously enjoyed. Whilsl some prefer a quiet and resthjl life, others enjoy music. academic di5CUssions. holiday5 and visits away. or samelimes foreign travel. Al of these are individual choices. We do not provide ￿rsonal care bul residents can buy in such addth.onal supwKt rf needed. Our services to residents are provided by a small but dedicated staff team together with our Iruslees and also our volunteers who interacl with ￿sidentS and help in taking small groups lo local cultural even15, outings to places of interest or lo musical events or talks_ The residents themselves also organise activities such as ialks, poetry readings and musul events. We have monthly coffee mornings which bring together residents. trustees and volunteers and we also welcome local members of the community who are regularly invited. Staff Residents tell us how much they appreciate the work of the staff team and their caring attitL￿e and willingness to help We are grateful to our House Manager for her leadership of our excellent staff leam. We also thank our Adminislralion Manager for her efficient and thoughtful approach to her work and the support Ihal she provt(les lo res*Jenls. We especially thank the whole staff team who have worked tirelessly and cheerfully, wilhoul exception, lo make our Society the friendly, supportive and effects.ve living environment Il has been over the last ￿e1ve months. Our staff are in the front line in dealing with the varying challenges which present themselves. The teamwork shown by staff. supported by trustees and volunteers, is ￿U¢la1 to the running of a smooth and 8 happy House. Page 3 ABBEYFIELD OXFORD SOCIETY LIMITEDITHE) IA company limited by guarant￿) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Achievemgnts and pgrformance (continued Whilst we are very proud of this teamwork, the support and encouragemenl offered by residents is crucial to success. The maintaining of a relaxed and happy environment within the House is so important for the long- term wellbeing of all of us and relies on the cooperation and the input of residents. If things go wrong, then we want lo know about It so Ihatwe can put things right and. lo that end, we hold regular meetings Wlth residents, the results of which are fed back to Trustees for appropriate action. Operatlons and Manag8ment Vve continue lo work within national Abbeyfield FKJIic￿s. adapled as necessary for our own Circumstan￿S. We have been assessed for the Abbeyfield Quality Slandard {AQSI which aims to ensure that every eletnenl of our work is fully compliant with all national and local regulalions and th*we a￿ working efficienuy and in line wrfch best practice. l am pleased to report Ihat once again we have achbeved the Standard. The accounts show that the Society has strong finan￿ thanks io the efforts of our trustees and of the management team. As a not-for-profit organisatr"on. our residenb-al charges are maintained at the lowest possible levels bul to keep those charges al those levels we must minimise room vacancies. The control of costs is also vital. To do so ￿qUireS both effect]ve working and procu￿Ment practices as well as keeping those costs under constanl review. We need also lo mainlain good financial reserves because Brian LevAs House is an older building which will sometimes require repairs and has in fa¢1 been recenlly substantially refurbished externally with a new roof and external painling. Inlernally, we have Carried oul many wtyks to keep our fi're precaub'ons updated. installed new kitchen facilities and we have aL80 ¢ompleled a rebuild of the lift and further minor bul essen1131 works. During the past year we refvrbished rooms as usual when necessaryand particularfy when vacancies occurred. Residents Whilsl some of the vital new enquiries about ac￿MMOdatIOn Come from Abbeyfield's national reputation and visibility, most arise through local contacls. local advertising and word-of-moLrth. We continue lo keep a register of polenb'al new residents that we Can Contact in the case of a vacancy arising. The most usual reason for a resident lo move on is thal they need full-time professional care because we cannot provide this ourselves, though we do encourage residents to purchase any small amounts of care they may need from outside provicsers. For most of the year under review we had a below average number of vacant rooms and we are always aware that vacancies musl be filled as soon as possible. a situatson which applies lo all Abbeyfield houses When new res￿entS are ioeniiTieo, we preier tnai iney nave an Iniiol snori (r￿1 Slay wnicn proviaes Ine opporiuniiy lor Ineffl to make sure as far as possible that they are going to enjoy living at Brian Lewis House. This lessens the risk thal they will go to the upheaval of moving here on a permanent bas￿ onty lo find that il is not lo their laste. Tru$t¢e$ and other volunteers During the year in question, we had an initi81 group of seven trustees who together form the Executive Committee which meets six limes per year. Sadly. our fiiend and k)ng-term Trustee Robert Qldham passed away in January 2025 and this was a greal kjss to us all- we miss him tyJt our work must continue without his experience and guidance. The Trustees meet regularly as an Execulive Commtttee and the purpose is to set the policy and direction of the Society and to monitor the achievement of objectwes and make any necessary adjustments. Each Trustee has a speofi'c area of responsibility as well as their general duty to the charity as a Trustee. Additionally, we continue to benefft from a small pool of other volunteers in areas such as social support and befriending residents. We thank all of them for their goodwill and their time but we are always looking for more volunteers lo expand what we can offer lo our residents. Page 4 ABBEYFIELD OXFORD SOCIEfY LIMITED{THEI {A company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Achlevements and performance {continuedl The Challenge$ ofthe Last Year After the worry of the Covid epidemic, external challenges seem increasingty to have been influenced by world alfairs and these are likely lo continue tr) impact cosls with record and l¢n*lasling rises in energy prices, food and other cosls. All of these have affected Ihe House and our iesidents and will continue lo mean maintaining careful financial slrir)gen¢y. We are pleased to t* able to report that due to hard wort by the team and to Stable policies and objectives, we are able to (x)ntinue to plan for a long-term future. Plannlng for Future Challenges The Trustees have a respongbility lo protect our residents by providing sale accommodation for many years to come. In the past we have reviewed the usefulness and suilability of Brian Lewis House and this work has confirmed thal this House is our best lo¢alJ'on and thal it will be the home for the Society into the foreseeable fLrture. Many and varied challenges ¥￿11 face us and nol least. an in￿easing ap￿aranCe of national regulalbon. Because of our s18tus as an independent, non4aregiving charity under the Abbeyfield umbrella, we have nDI been subject lo the de1811ed national regulation that affects care homes bul the Social Housing Regulator and the Housing Ombudsman are increasing their oversTrghl of all housing prowders. In addition, the national society has laid out its re-quirement for more regular information in the future with Abkyfield England las the national Sixiety is now called) concerned about the levels of failure in the sectoi. Last bul not lea51, the twn chaI￿nge5 of maintaining gocKI occupancy levels in the House whilst keeping a firm grip on costs will be important. Whilst we are keeping a close eye on such matters, we feel that we are fully resilient and ready lo face a positive future with a successful and hard-working team. b. Investment policy and perfomiance The Trustees made a decision during the previous year lo focus investmenls on capital growth rather than income. This has affected our income compared to previous years bvt means that we are not using past investments to subsidise Cu[￿nt eXper￿lture. Financial review - Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in prepartng the financial statements. Further details regarding the adoption of the going concern basis can be found in the ￿CountIng wlicies. b. Value for Money Value for money means being effective in planning and then m8n4iNJ and opèrating the Society. The aim is lo make the best use of resources whilst providing homeswhich maintain and improve the quality of life of residents. Following the issue in April 2018 of the TechnThl Note by the ReguLilor of Social Housing, the Society now reports on the 7-melric covered by the technical note. The fHJures in brackets at the end of each metric act as a comparator and represent those of the AbbeyfTreld Society (TASI natK)nally for the year ended 31 March 2024 - Housing Associali)n number H1046. Page 5 ABBEYFIELD OXFORD SOCIETY LIMITED{THEI {A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Metrlc 1 - Relnvestm•nt % The reinvestment metric looks al the investment in properties (exisling stock and new supply) as a percentage of the value of lolal properties held There has been no development of property in the year with expenditure focused on maintaining assets The reinvestment metric is therefore OQh (TAS.. 3.1 %). Metrlc 2 - New suppty deliverod% There have been no new units created.. this metric is therefore Ook (TAS.. 0%). Metrtc 3- Gearing°A This metric represents nel debt as a per￿ntage of Ihe value of prOpert￿S held. As the Society does not have any loans this metric does not apply ITAS.. -26.80%). Mgtric 4 - EaTnings before Interest Tax. Depreciation. Amortisation. Major Repairs Included (EBITDA MRI) Interest Cover / As mentioned in Metric 3 above, the So¢iety does nol have any debt and therefore this metric doe5 not apply ITAS.-3.041%1 Metric 5- Headllne soclal housing cost unil This metric represents the total social housing costs (as defined by the regulalorl divideil by the total units i)wned and has been calculated as £17.198 ITAS.. £37.2311. The Costs lor the Society were higher than in previous years due to rising day to day costs.. Metri¢ 6- Operatlng Margln % The operating margin of the charity is 16 63% ITAS -5 80%1- Metric 7- Return on Capltsl employed IROCE) % This metric compares the overall operatinq surplus lo lolal assets less current liabilitie5. 2.28%. ITAS.. 2.10'hl. ompareo wi(n lis moaesi Income, Ine 00￿elY oeneiiis iiom nign capi￿1 oecause oi nistoiic enaowmernis. b. Reserves policy It is Ihe policy of The Ab￿YrieId Oxford Society Limtted to maintain a good financial reserves to enable the Brian Lewis House to be mainlained to a hKJh level. Structure. governance and management a. Conststutlon Abbeyfield Oxford Society Limited{The) is registered as a charitable company limited by guarantee and was set up by a Memofftndum of Association. Page 6 ABBEYFIELD OXFORD SOCIETY UMITEDITHEI IA cornpany limit¢d by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Stru¢ture. governance and m2nagem¢nt l¢onllnuedl b. Methods of appointment or election of Trustees The management of thè Company is Iho fesponslbity ofthÈ TnJsté&s ¥A)o are *cted and c[￿oNed under the teims of the Memorandum of Assoaalion. stat￿nent of Trustees. rnsponsiblities The Trustees (who are also the directors of the Company for the purposes of (x)mpany lawl are reS￿￿$]ble for prepaiing the Trustees. report and the financyal statements in accorda¢Ke with applicable law and United Kingdom Aethunling Standards (Unitèd ￿ngdoIn G$nÈra1￿ AcCop￿j Accounting Pr8ciThl. Company law requires the Trusteès to prèpare financial statem8nts e￿ ffinancial yeai. UrKler company law, the Trustees must not approve tha ffinanci￿ statèmenis unless IW 8rÈ satisfied Ihat they give a truè and fair view of the stale of affairs of thc Company and of its incoTnlng rcswrces applicabon of ￿￿our￿, including Ils In¢ome and expendilure. for thal period. In prèpariru these finanual siatewEnts, the Trustees are r8qulred lo.. seleot suitable ac£¥)unting W1￿1e5 and therTr apply con5tthtly, observe th8 ffl8thods and principles of the Charities SORP {FRS 1021., ake judgments and acccAJnting estimatès that arè rea8onthe and prudent stale whether applicable UK Ac(x)unting Standards IFRS 102) have beèn followed. st*)JeGt to any material dep¥tiures disdosed and explain¢d in tho financiJ slaiemen prepa￿ the financAal statements on the goiro o)ncem basis unless it Is inappropriate lo prèsume that the Company wntinue in businegs. The Trustees are resw)nsitAe for k*pityJ ad4uate accountiro recc*ds that are sufficianl to show and explaln thè Companls tranSaCt￿nS and disdrtse with r￿sonab￿ ac(yJrw al any time the financial position of the Company and enable them lo ensurg thal the finant#al slalernènts comply with the Companies Act 2006. They arè also responsitAe for safeguardir￿ the Bssels of the Company aTKI hel￿ lor tsking reasonable Steps for the prevention aFKI detection of fraud arml other ￿egul￿ritEs. Approved by order of Ihe memb8rs of Ihè tx)ard ofTntstees on and signed on their behalf by.. Chrls Furness Chairrnan Tim Lambertstock Troasurer Pa9e 7 ABBEYFIELD OXFORD SOCIEfY LIMITEDITHE} (A company limlted by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Independent examinerfs ￿port to the Tmstees of Abbeyfield Oxford Society LimStedlThel I'the Company'l I report lo the chaiity Trustees on my examination of the accounts oflhe Company for the year ended 30 SepteM￿r 2025. Respon8ibllities and basls of report As the Trustees of the Company land its directors for the purposes Df company lawl you are responsible for the preparation of the accounls in accordance with the requirements of the Companies Act 2006 {'Ihe 2006 Acl'} Having satisfied myself that the accounls of Ihe Company a￿ not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I ￿port in respect of my examination of the Company's a¢¢ounts cafried out under section 145 of the Charities A¢1 20111'lhe 2011 ACYI. In carrying out my examinalh)n I have followed the Direcb"ons given by the Charity Commission undèr sectw 14515}Ib) of the 2011 Act. Indgp8ndent examlnerfs statement Since Ihe Companys gross income exceeded £250.OIXI your examiner must be 8 member of a body listed in section 145 of the 2011 Act. I confirffl that l am qualified to undertake the examination because l am a member of ICAEW, which is one of the list&J bodies. I have completed my examination. I confirm that no matters have Come to my attention in connection with the examination giving me cause lo ￿lIeve.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or the accounts do not ac¢ord ￿th those records". or the a¢couftts do not comply with the accounting requirements of section 3% of the 2006 Act other than any requirement that the accounts gNe a 'lrue and fairf view which is not a maller considered as part of an independent examinab"on', 01 the accounts have not been prepared in accordance vthh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standaid applThble in the UK and Republic of Ireland IFRS 10211. I have no Concerns and have come ￿rosS no other mallers in connection with the examination to which attention should be drawn in this report In order to enable a proper u￿￿erStandIng of the accounts to be reached. This report Is maje solely lo the Comp8nls Trustees, as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work ha5 been undertaken so that I might slate to the Company's Trustees Ihose maliers l am required to stale to them in an Independenl examinerfs report and for no other purpose. To Ihe fullest extent permitted by law. I do not xcept or assume responsibility tr) anyone other than the Company and the Company's Trustees as a ￿y. for my work or forthis rewt. Si9ned.' Oated.. 13 April 2026 Lorraine Butler FCA KBDR Limited The Old Tannery Hensington Road W(x)dslock OX20 1 JL Page 8 ABBEYFIELD OXFORD SOCIETY LIMITED{THEI (A company Ilmlted by guarantsel STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unr8stricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income Irom- Donations and legacies Charitable activities Investments 4.248 248.500 8.861 4.248 248,500 8,861 2.908 187,274 8,599 Total Sn¢ome 261,609 261,609 198, 781 Expenditure on: Charitable acliwlies 206.998 206,998 197,286 Total expenditure 206.998 206.998 191,286 Net income Transfers behveen funds 54.611 112.974) 54,611 112,9741 1.495 124.085 14 Net movement in funds 41,637 41,637 125, 580 Reconciliatlon of funds: Total funds brought lorward Net movement in funds 1,780,746 41,637 5,222 1,785,968 41.637 1,660,388 125,580 Total funds ¢arried forward 1.822,383 5,222 1.B27,605 1. 785,968 The Statement of financial activibes includes all gains and losses recognised in the year. I I IV I IvivJ vii l L LV IUIIII VOI I 411¢)¢ 111 I•IIKA Unrestrlcled Restricted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Current assets 588.214 1,246,959 {12,790) 588,214 1.252,181 112,7901 5,222 Creditors due within one year Total 1.822.383 5,222 1,827,605 Page 21 ABBEYFIELD OXFORD SOCIETY LIPIIITEDITHEI IA Company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 16. Anatysis of net assets between funds (continu¢d Anatysis of net assets between lunds - prior year UnreslriGteO runds 2024 Resliicled funds 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due w(thin one year 6(￿.473 1. 196,548 (11,053) 600,473 1, 196,548 {11,053) Tolal 1. 785,968 1.785,968 Page 22 ABBEYFIELD OXFORD SOCIEry LIMITED{THE} {A company limited by guarantee) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2025 2024 2024 Charlty Income Charges Its residents Dividend income Charity donations received Renlal income 248.500 6.936 4248 1,925 187,274 6.499 2.908 2, 100 261,609 198, 781 Gros$ Incorne in the reportlng perfod 261,609 198, 781 Less: Property expenses Housekeeping costs Wages and pension cost Maintenance 27.469 87.711 296 23,345 79,856 458 21,429 344 1,321 5,623 17,307 (79) 1,804 4. 169 Propety njnning costs Printing and stationery Advertising and promotion Legal and professional Repairs and maintenance Bank charges Sundry administration expenses Telephone and fax 17,539 658 6,581 16,709 (79) 1,841 5,396 164,121 155.517 Governance wages and pensM)n cost Affilialion and Indepermjenl examiner fees 25.062 5,556 24,502 4.829 30,618 29,331 Depreclatlon Freehold property and fixtures & frttings 12259 12.378 12,259 12,378 Total expgndtture Net income for the reporting period 206,998 197,286 54,611 1,495 Page 23