## 



## 

|Refaence snd Administrative<br>Details|Refaence snd Administrative<br>Details||
|---|---|---|
|Trustees'<br>Report||2to 4|
|Independent<br>auditors' report||Sto 7|
|Statement ofComprehensive<br>Income||B|
|Statement ofFinancial position||9|
|Statement ofChanges in Reserves||10|
|Cash flow statement|||
|Notes to the Financial Statements||12to IS|
|The following pagedoesnot<br>form|part ofthe statutory financial statements:||
|Detailed Income and Expenditure|Account|19|





## 

|Charity name|Charity name|||The Abbeyfield|Colwyo Bay Society Ltd|
|---|---|---|---|---|---|
|Charity registration||number||213120||
|Company|regtstraeon|number||00679607||
|Housing Amoctation||registration|number|H022||
|Trustees||||Mrs CWhittaker|(Resigned 22 July 2022)|
|||||Mrs BAMWatson||
|||||MrJNBany||
|||||Mr G R Price||
|||||Mrs JPelham||
|||||Mrs JR Hough||
|GeneralManager||||Mrs A Hamblett||
|Secretary||||Mrs A Hamblett||
|Registered|Office|||10-12Alexandra|Road|
|||||Cotwyn Bay||
|||||Conwy||
|||||North Wales||
|||||LL29 7YB||
|Bankers||||Barclays Bank||
|||||84Mostyn Street||
|||||Llandoduo||
|||||Conwy||
|||||North Wales||
|||||LL302SH||
|Auditors||||Aston Hughes Ltd||
|||||Selby Towers||
|||||29Princes Drive||
|||||Colwyu<br>Bay||
|||||Conwy||
|||||North Wales||
|||||LL29 SPE||





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 



## 

## 

## 

## 



## 



## 



## 




## 

|||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|
||||||Note|||||
|Pined assets||||||||||
|Housing propemes||- depreciated|cost||9|1,004,222||1,013,924||
|less SHG|||||10|(43,736)||(43,736)||
||||||||960,486||970,188|
|Current|assets|||||||||
|Debtom||||||8,856||18,018||
|Cash at bank and in||hand||||710,965||660,311||
|||||||719,821||678,329||
|Creditors:|Amounw|falling due within||one||||||
||||||12|(14,119)||(15,009)||
|Net current assets|||||||705,703||663,320|
||||||||1,666,189||1,633,508|
|The fends|ofthe charityt|||||||||
|Capital and reserves||||||||||
|Revenue reserves|||||15||1,645,289||1,590,545|
|Designated|resnves||||15|||||
|Resutcted|Reserves||||15||20,900||42,963|
|Total charity funds|||||||1,666,189|||



||H|H||
|---|---|---|---|
|Approved|by the Board on.... ........ ............,.....and signed on its||ebalfby:|
|&tntQ'&far.||..,III.|~,|
|Trustee||Trustee||





|||||Designated||
|---|---|---|---|---|---|
|||||Cyclical||
||Revenue||Reentered|Maintenance||
||Reserves||Reserves|Reserve|Total Reserves|
|Atl April2022|1,590,545||42,963||1,633,508|
|Surplus for the year|54744||22 063|||
|At 31 March 2023|||||1,666 189|
|||||Designated||
|||||Cyclical||
||Revenue||Restricted|Maintenaace||
||Reserves||Reserves|Reserve|Tatal Reserves|
|At 1April 2021|1,561,929||77,371||1,639,300|
|Surplus for the year|28,617||134,408)||(5,791)|
|Transfer||||||
|At 31March 2022|5,55|545|42 963||1,633,508|





||||2023|2022|
|---|---|---|---|---|
|Free cash flaws from operating<br>activities|||||
|Net Cssb (used in)/provided|by operadng<br>activities|18|49411|(7,141)|
|Cash(lowe from iavestiag|activities||||
|Interest income|||1,443|165|
|Capital expeaditu5e<br>On tangible<br>fl)ted assets|||||
|Change in fee cssb and cash equivsleats<br>in the year|||50,654|6576)|
|Cash and cash equivaleets|brought forward||660,312|667,288|
|Cash and cash equivalents|carried forward|||60.5|





## 



## 

## 



## 

|Turnover|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Year ended|Yeareaded|
||||||||2023|2022|
|||||||||8|
|Rent recnvahle||fmtn|supported||housing||432,326|397,058|
|Gueo income and resident||||extras|||18,695|2,135|
||||||||451,021|399,193|
|All income|included||in turnover||wus unrestricted|for both 2023 and 2022.|||
|Operating|costs||||||||
|||||||Unrestricted|Restricted|Year ended|
|||||||||2023|
|||||||||8|
|Management|costs|||||15,055||15,055|
|Service charge costs||||||348,778||348,778|
|Maintenance||||||25,763|22,063|47,826|
|D«preciation||||||9,702||9,702|
|||||||399,298|22,063|421,361|
|||||||Unrestricted|Restricted|Year ended|
|||||||||2022f|
|Management|casts|||||13,725||13,725|
|Service charge costs||||||332,574|264|332,838|
|Maintenance||||||24,642|34,144|58,786|
|Depmciation||||||9,800||9,800|
|||||||380,741|34,408|415,149|



## 

## 

## 

|Operating<br>Surplus|||||
|---|---|---|---|---|
||2023||2022||
||8||||
|Opemting<br>surplus is stated aQer charging:|||||
|Audktots'<br>remuneration<br>(inc VAT):|||||
|ln their capacity as auditors||1,734||1,634|
|ln respmt ofother services|||||
|Depreciation||9,702||9,800|





## 



|The aggregate payroll costs|The aggregate payroll costs|ofthese persoas were as follows:|ofthese persoas were as follows:||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|The average number|ofpersons employed||duriog the year (full time equivalents)|was:|||
|Administration|||||||
|Home Mmagers|||||||
|Housekeeper,|assistants|and cleaners|||||
|Total|||||12|12|
|Wages and salaries|||||248,079|237,025|
|Social security|||||12,563|11,857|
|Otherpension<br>costs|||||5 166|6932|
||||||265 809|262,760|



## 



## 

## 

|Taneible ax|ed assets - Housing properties||||
|---|---|---|---|---|
||||Freehold land snd||
||||buildings||
||||8||
|Cost|||||
|As at 1 April|2022||1,201,329||
|Additions|||||
|As at 31 March 2023|||||
|Depreciation|||||
|As at 1 April|2022|||187,405|
|Charge for the period|||||
|As at31 March 2023||||197107|
|Net book value|||||
|As at31 March 2023|||||
|As at 1 April|2022||1|013924|
|Tangible fixed assets - Social Bossing Grants|||||
||||Freehold land snd||
||||buildings||
|Cost|||||
|As at 1 April|2022 and 31March 2023|||43 736|
|Debtors|||||
|||Year ended|Year eared||
|||2023|2022||
|||8|||
|Trade debtors|||||
|Other debtors||||10,000|
|Prepaymeau|aod accrued income|8,856||8,018|
|||8 856||18018|
|Creditomt<br>Amounts fusing due within one year|||||
|||2023|2022||
|Accruals||14119||15,009|



## 

## 

## 



## 


|Reserves|||||
|---|---|---|---|---|
||Revenue Reserve|Restricted|Designated|Total Reserves|
|||Reserves|Cydlcsl||
||||Matntenaace||
|||f|Reserve<br>8||
|At I April 2022<br>Income|1,590,545<br>454,042|42,963||1,633,508<br>454,042|
|Expenditure<br>Transfers|(399,298)|(22,063)||(421.361)|
|At 31 March 2023||20900||I 666 189|
||Revenue Reserve|Restricted|Designated|Total Reserves|
|||Reserves|Cydical||
||||Maintenance||
|At I April 2021<br>Income<br>Expendinuu<br>Transfers|1,561,929<br>409,358<br>(380,741)|f<br>77,371<br>(34,408)|Reserve<br>8|8<br>1,639,300<br>409,358<br>(415,149)|
|Ar 3I March 2022|I 590545|42 963||I 633508|



## 

|Aceommudatiun<br>Units||||||
|---|---|---|---|---|---|
||||Year ended|Year ended||
||||2023|2022||
|Supported<br>housing uaits|||27||27|
|Reconciliation<br>ofnet movemeut|ln funds to net cash flow from operattng||actlvldes|||
||||Year ended|Year ceded||
||||2023|2022||
||||8|||
|Net (expenditure)/income<br>for the <br>Adjustments<br>for;|year||32,681||(5,791)|
|Depreciation<br>charges<br>(Increase)/ Decrease in debtors<br>Increase/<br>(Demease) in cmditors<br>Finance income|||9,702<br>9,162<br>(890)<br>(1,443)|9,800<br>(10,893)<br>(92)<br>(165)||
|14et cash (used in)/ provided<br>by operating||activities||||





## 

## 

|Analysis ofnet assets between fends|||||
|---|---|---|---|---|
||Revenue Reserve|Restricted||Total Reserves|
|||Reserves||2023|
|||8|||
|Tangible axed assets|960,486|||960,486|
|Current assets|698,921||20,900|719,821|
|Currint liabilides|(14,119)|||(14,119)|
||I 645289||||
||Revenue Reserve|Restricted||Total Reserves|
|||Reserves||2022f|
|Tangible fixed assets|970,188|||970,188|
|Current assets|635,366||42,963|678,329|
|Current liabilities|(15,009)|||(15,009)|
||I 590545||||
|Analysts ofnet funds|||||
||At I April 2022|Financing|sash|As 31 March 2023|
|||aows|||
|||8|||
|Cash at bank aud in hand|660,311||50,654|710,965|
|Net surplus (debt)|660311||||
||AtI April 2021|Ftuautcug|each|As 31March 2022|
|||flows|||
|||||f.|
|Cash at bank and in band|667,288||(6,977)|660/11|
|Net surplus<br>(debt)|||||





## 

|||Year|ended|Year|ended|
|---|---|---|---|---|---|
|||2023||2022||
|||8|f,|||
|Turnover||||||
|Shattered housing renral income||432,326||397,058||
|Guest income and residents<br>extras||18,695||2,135||
||||451,021.||399,193|
|Operating<br>custs||||||
|Pood||30,231||23,848||
|Household<br>purchases||4,292||3,378||
|Wages and salaries||248,079||237,025||
|StstyblIC (Employers)||12,563||11,857||
|Staffpensions<br>Staff trainiog snd recruitment||5,166<br>431||6,932<br>346||
|Rates and water||15350||16,168||
|Hesdng costs||11,465||13,457||
|Electricity||10,776||10,553||
|Insurance||I0,425||9,276||
|Csreline alarm seniice||1,605||1,517||
|General maintenance<br>Upkeep ofgmunds||10,927<br>6,294||11,416<br>3,835||
|Planned maintenance||21,210||34,642||
|Contract and service costs||7,790||'7,377||
|Telepboae aad fax||6,291||6,075||
|Printing, postage and stationery||550||301||
|Affiliation<br>fees||2,090||2,269||
|Sundry expenses||1,189||996||
|Trustee mmthtg<br>and travel||||||
|Travel sud subsistence||66||336||
|Advenising<br>The audit ofthe charity's<br>annual accounts<br>Auditors'<br>remuneration<br>—non audit work||2,942<br>1,734||1,979<br>1,634||
|legal fees||||||
|Bank charges||193||135||
|IIepreciatiou offreehold|pmpetty|9,7D2||9,80D||
||||421.361||415,149|
|Operating<br>surplus|||29,660||(15,956)|
|Interest receivable aad|other lacome|||||
|Legacies and bcqumrs||||10,00D||
|Appeals and donations||1,578||||
|Iob retention<br>scheme||||||
|interest an cash deposits||1,443||165||
||||3,021||10,165|
|Surplus for the period|||32,681||(5,791)|