REGISTERED COMPANY NUMBER: 00704595 (EnglaDd and Wale5)
REGISTERED CHARITY NUIl￿BER. 221563
THE ABBEYFIELD WALTHAM ABBEY SOCIETY LIMITED
imlted IJ Guaralltee
REPORT OF THE TRUSTEES AM)
tJNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
30 SEPTEMBER 2023
AIWYDS LLP
Crown House
151 High Road
Loughton
Essex
IG104LG

THE ABBEITIELD WALTHAM ABBEY SOCIETY LIMITFD
IMITED BY GUARANfEE
CONTENTS OF THE FINANCIAL STATEMENTS
for the
ear euded 30 Se
tomber 2023
Pa8e
R4)ort of the Trustees
I to3
Independent ExaminePs Report
Statement of Financial Activities
Ba]ance Sheet
Notes to thc Finanual Statem¢rtt$
7t0 13
Detailed Staiem¢nt of Fillan¢ial Activities
14

THE ABBEYFIELD WALTIIAfvi ABBEY SOCIETY LIMrrED
LIMITED BY GUAEL4NTEE
REPORT OF THE TRUSTEES
for the
egr ended 30 Se
tember 2023
The trurtces. who aTe also director5 of the chgrity for the purposes of the Companies A¢t 20065 pfc5Ent their report with the
r￿ancIal statelnents of the charity for the year ended 30 September 2023. The financial statements have been prepared in
accordance with applicable law and the requirements of the AccouDtiog and Reporting by Charities.. Statetnent of
Recommended Practice applicable to charities preparing their a¢¢ounlS in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021 leffectiv¢ l January 2019).
REFERENCE AND ADMINISTRATJVE DETAILS
Reglstered Compally number
00704595 {England and Wales)
Registered Charity Jtumber
221563
R¢gl$t¢red offiet
Warburton L(yJgc
Meadow Cros5
WalthatD Abbcy
Essex
EN9 3DJ
Trustees
G Negus
V Davis
Steed
llldep¢vd¢nt Examlller
J A Rickler, FCA
Alwyiis LLP
Crowll House
151 High Road
Loughton
Essex
IGIO 4LG
Bankers
HSBC
45 High Street
Hoddesdon
Herts
ENII 8TA
STRUCTURE, GOVERNANCE AND NIANAGEMEW
GoVer￿1ng document
The chgriry is controlled by lis goveming document, a deed of trust. and constitutes a limited company. limited by guarant¢< as
defjnrd by the CoTnpanie5 A¢t 2006.
Recruitme]Et and appointmellt of nesv trustees
Possible eandidales for Trusteeship are usually known and nomin&ted by existing Trustees and appointed by the Trustees as
body. In tuture il may be de¢ided 10 advertise vacan¢ies.
Risk maDagemeDt
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls arE
in place ¢0 provide reasonable assuran¢e against fraud and error.
Page I

THE ABBEYFIEI LD WALTHAM ABBEY SOCIETY LIMITED
IMITED BY GUA1i4NTEE
REPORT OF TRUSTEES
for the
ear ethded 30 Se
tember 2023
OBJECTtVES AND ACTIVITtES
Objectives and organisatio
Abbeyficld is a countrywide charity, which was ¢r¢2ted by Ri¢hard Carr-Gornm in 1956 witb the ethos of providing hom¢s
for'the lonely elderly a principle which is still the mission of oursociety. We offersheltered accommodation inourmodem
PU4)ose-built home set in its owll grounds.
The object of the charity is to provide supportive bousing for older p¢ople ill need of aCCoD￿0datIoH. We aim to provide a
safe, warm and raring environment whiGh seeks to tneet the individual needs of each r¢sid¢nt. In providÈng this we recoglli5e
IhE value and U￿que Itfe experience of each person and treat everyone with kinthiess. dignity and respect. Our ho]ne is a
happyartd friendly pla¢4 wher¢resident5 havethe opportunity to make new friends, but still livetheirown liv&4, with support.
The two houw occupied by the charity are usually staffed by a paid HousB Manager. cooks and home a5Si5t8nts. Ail our
staff seek to ensure that our provision of care i5 of the higJ1¢5t quality and meets all the regulatory stardards.
The addresses of the two hou5ts are.. WaTburton LodgA Meadowcrosl Waltham Abbey, Essex attd Clarissa Lodg4
Nleadow¢ro$s, Waltham Abbcy, Essex.
Due to the nllmber of voids and oonsequent lack of incom4 wc had to re5tru¢ture our workforce. the re￿￿illing Trustees are
comrnitted to redecorating the va¢3ni rooms and fillittg th¢se with oew residents, from advertising and referrals as soon as
pO￿￿b]e. Trustee5 are also looking for other ways to reach out to our COmTnunity and provide additional service5.
The Trustees have met regularly througbout th¢ year and are all very coTn]nitted to tbe welfare of the residcnt5 and th¢ well-
being of the staff.
In the ¢oming year we will endeavour to continue to provide 8n excellent standard of car4 we will aim to fill our vacancies
and look to provsding outreach services to our ¢ornmunity.
PUBLIC BENEFIT
The T￿St¢eS have paid due regard to the Charity Commission's guioance on publiG benefit. The Society provides 8 publi¢
benefit in accordan¢e with its objectives.
FThANC￿L REv￿w
Reserves policy
ID the context of the company's relatson5hip with tbe chaTity of Mabel Clarisse Warburton, the directors have establishEd a
PDli¢y of nionitoring the levels of funds to erts￿re that the cojnpany is able to colltlllllp its current activities. The directors
consider that unre5triaed res¢rv¢s of at least £IOO,000 ar¢ required lo rAable the charity to Continue its activities at thc present
Icvel.
Tbe CUTFent level of free reserves i$ £66.369 wbi¢h isbelow thel¢vel sel by the thjstees. Thehigh level ofvoids and thedramatic
increase in repasrs. food, 8a5 And electricity pri¢¢s are causes for concctn and the T￿Stee5 tre closely monitoring the cash
reserv¢5 and future operating plans.
tNVESTMENT POLICY AND OBJECTIVES
The major asset of the Society 15 Its houses. Cash at bank is the Society's liquid a55et and ￿ interest bwing bank account
is used to gEn¢rate income on surplus fill)ds.
COIF ChaTSties Ftxed Interest Fund- Income Units are also beld to maximise income whi]st preserving the capital of the
inv&8tment. 60% of the units were cashed in during the year, to provide additional working capital.
Page 2

THE ABBEYFtELD WALTHAM ABBEY
IMFTED BY GUARANTEE
OCIETY LIMITED
REPORT OF THE TRUSTEES
for the
ear ended 30 Se temb¢r 2023
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trusttt5 {who are also the director5 of The Abbeyfjeld Wèltham Abbey So¢iety foi the putptsses of cornpally lawl are
responsible for preparing the Trustees, annual report and the financial statements in accordance with applicable law and
regulations.
Cotnpany law rrquires the trustees to prepaTe financia] statements for each financial year. Under that law th¢ tru5tee5 musl
preparethe financial statetnents in accordancewith Ullited Kin8dom Generally Accepted Accounting Practice (United Kingdom
Accounting Standards and applicable law). Under company law the trnstees must not approve the financial slatemellts unless
they are satisfJedth2t they give a Irueand fair view of the state of affairs of the ¢liaritabletompany and Df the in¢oming resour
and appli¢ation of resour¢e4 in¢luding the in¢ome and expenditur4 of the Charitable company for that period.
In preparillg thesE fjnancial statEment& th¢ trustees arc required to..
select suitable accounting policie5 and then apply them con515tently,'
observe the method5 principles in the Charity SORP.,
make judgernents and accounting estimates that are reasonable 2nd prudent.
state whether applicable UK Accounting Standards have been followed, sUbJ￿t to any material departure5 disclosed a￿d
explained in the financial statements,. alld
PTepare the financial slalemtnts on the going ton¢ern basis un1¢5S it 15 inappropTiate to presume that the charitable compally
will ¢ontinue in business.
The trustees ar¢ re5ponsTbl¢ for keeping adequate accounting records that are sufficient to show and explain the charitable
company's transactions and dis¢lose with r¢asonable ac¢LTTa¢y at any tirne the financial position ofthe charitable company and
enable tliern to ensure that the financial 5talement5 comply witb the Companies Act 2006. They are also responsible for
safeguarding theassets ofthe coTrpany and hcnce for taking reasonable steps for theprevention and dete¢tion of fraud and other
I￿¢g￿laritic5.
The report has been prepared in accordance with the special provisions of Patt 15 of the Companies Aot 20(K> relating to Small
Companies.
ON BEHALF OF THE BOARD..
Twstee- Mr B Steed
n ¢Jth/
Date..
Page 3

triDEPENDENT EXAMINER'S REPORT TO THE TRVSTEES OF
THE ABBF.YFIELD WAL'fHAM ABBbY.SOCIF.TY LIMITED
IMITED BY GUARANTEE
Independent Ex#mlner's Report to the Trustees of The Abbeyfield WAltham Abbey Soelety LimÉted
I report to th¢ tWStees (who are also Directors for the purpose of company12wl on rny examination of the fth&ncia] siatements
of The Abbeyfield Waltham Abb¢y Society Limsted I'the charitable wmpany'l for the year ended 30 S¢plember 2023 which
omprise the Statenent of Financial Activities, the Balance Sheet and rEIated note5.
This report is made 501ely to th¢ ¢h8rity's trustees, 25 a body1 in accordan¢e with Section 145 of the Charities Act 2011. My
work has been undertaken so that I might state to the charity's trustees those matter5 1 aTll required to state to them in this Teport
and for no other purpose. To the fullest extent pemitled by law, I do not ￿ept or as5LtTre responsibility to anyone other than
the ¢harity and the charity's tn]5tees as a body, for my work, for this report. or for the opinions I have formed.
Responsibilitie5 and basis of report
A5 the trust¢es of th¢ charitable company you aTeresponsible forth¢ preparation of th¢ f￿atI¢la1 statements in accordance with
the requii¢ments of the CompanÈes Act 20061.the 2006 Aet'l.
Having satisfied myself that the financial statements of the charitable company ￿t not required to be audited under Part 16 of
the Act and are digible for indq)¢ndent examination, I report in respect ofmy examination oftht chAritable conpany's financial
statements cattied out under section 145 of the ChaTitie5 A¢t 2011 {'the 20 11 Act'l and in carrying ollt my examination I have
followed all the applicable Direetions given by the Charity CoDJmi&sion under 5e¢tion 14515Xb) of tbe 2011 Act.
An indcpendent cxaTnination does llot involve gathering all the cvid¢n¢e that would be rcquired in an audit consequently
docs not tover all tbe matter5 that an auditor consider5 in giving their opinioD on the f￿anCIal statements. The planning and
conduct of an audit goes beyond the lirnittd assurance that an independent examination can provide. consqU￿tIY l express no
opiniori as to whether the financial 5tatemeots present a'twe and fair, view and my report is limited to those SPeGifi¢ matter5
set out in the indcpendent cxaTniner's stat¢ment.
Independent examlller'5 5t8tsment
I confimi that l am qualifiedto undertak¢theexamination becaust l am a M¢￿berof ICAEW, which isone of thelisted bodiG
in section 145 of the 2011 A¢1.
I have Co￿p]eted Tny examination. I confirm that no Tllateri￿ matters have come to my attention in connection with the
examination giving me causE to believe that in any material respect=
accoiiniiJi8 records were llot kept LD r¢sp￿t of the charitable COULpany as required by section 386 of the 2006 A¢u or
> tbe financial statements do not a¢¢ord with tho$¢ recora5' or
thr financial statements do not co]Dply with the a¢¢ounting requirements OF section 396 of the 2006 Act other than any
requirement that the financial statements give a 'true and fair view whi¢h is not tt matter considered &s part of an
independent eKamination,' or
ihe financial Statements have not been PTepared in accordance with the methods attd principles of the StatetnEnt of
Rtcornrnthded PraGti¢e for accounting and r¢porting by chaTitie5 applicable to ¢h2rities prcparirtg their accoullls in
aceordance with the Financial Reporting Standard applicable in the UK and Repu￿]1¢ of Ireland IFRS 102)-
I have TJO concerns and have come across no other matters ill con￿￿tion with the txatnination to which attention shollld be
in this report in order
abl¢ a proper underst￿dIng of the financial 5tat¢ment5 to bErea¢heiL
A Rickler, FCA
Alwyns LLP
Crown House
151 High Road
Lou8hton
Essex
IG104LG
AEW
Date..
Pagc 4

THE ABBEYFIELD WALTIL4M ABBEY SOCIETY LIMITED
I￿1[TED BY GUARAINTEE
STATEMENT OF FINANCIAL ACTIVITIES
CORPOIL4TING AN INCOME AND E￿ETr1D1TuRE ACCOUP4T
for the
ear ended 30 Se
tember 2023
Restr5cted
fullds
IDoDatiolll
30.9.23
Total
fuDd5
30.9.22
Total
Fund5
Unrestricted
fullds
Restrietsd
futLd5
Note5
COME AND
ENDOWMENT FROM:
Charitable a¢tivitie$
Supported living
Donations
Furlough grant receivable
Invcstment in¢ome
283,372
389
283,372
389
24Q,594
747
2,3 [7
2.317
2.856
Tot#1 itteome
286,078
286,078
244,197
EXPENDITURE ON:
Cbarit•ble gctlvities
Supported living
GOVern￿Ce costs
311,312
29,793
311.312
29,793
302.028
22,146
Total expellditsre
341,105
341,105
324,174
Net ga2nsl(lo&ses) on
investments
3.996
3.996
{16,002)
Net {expendlture)fiDtome
before ggln$ & losses
(51,031}
(51.031)
{95,979)
NET m0vEL￿NT IN
FUNDS
io
(51.0311
(51.031)
{95,9791
RECONCILATJON OF
Fuf4DS:
Total fulld5 brought forward
550,905
575,086
35,000
1.160,991
1.256,970
TOTAL FUNDS CARRIED
FORWARD
499074
574 086
35.00
1.109,96
1.160.991
Ail income and expenditure detives from continuing a¢tiwhes.
Thc note5 on pages 7- 13 form part of these financial statements
Page 5

THE ABBEYFtELD WALTILIM ABBEY SOCIETY LJMITED
IMITED BY GUARANTE
BALANCE SHEET
At30Se
t¢mber 2023
Restricted
fund$
O)onatlon)
30.9.23
Total
ruDd5
30.922
Totsl
fitnds
Unrestricted
funds
Restrlcted
ds
Note5
FIXED ASSETS
Tangible assets
Investments
435.196
34,419
575.086
1,010,282
34,419
1.029.206
89.058
469,615
575,086
1,044.701
1.118,264
CURREIYT ASSETS
Debtors
Cash at bank and ID hand
50,987
{5,423)
50.987
29,577
32.438
26.304
35,000
45,564
35,000
80,564
58,742
CIiEDITORS
AmotULt fallin8due within on¢ year
(15,305)
(15.305)
(16,015)
NET CURREFIT ASSETS
30.259
35.000
05,259
42,727
TOTAL ASSETS LESS
CURREFIT LLIBILITIES
499,874
575.Q86
35,000
1,109.960
1,160.991
NET ASSETS
499.874
575,086
35,000
I,IIVJ,960
1,160,991
FUNDS
UDrestricted fimds
Rcstri¢t¢d fi]nds {don&tion)
Restricted fllnds
io
499,874
35,000
575,086
550,905
35,000
575,086
TOTAL FUTr4DS
1,109,960
1,160,991
For the Rnancial year Cikd¢d 30 September 2023 the charitable tompany was entitled to exemption from audit Under Sectaon
477 of the Comp2ni£s Act 2006 relating to small companie5 and no notice has been dep08ltcdunder section 476 of the Act.
The directors acknowledgc tbeir respon5ibiliti¢% for ensuring that the charitable ¢omyally keeps a¢counting records which
cornply with section 386 of th¢ Act and for preparing accounts which Bive a true and fair view of the stat¢ of affair5 of tli¢
cbaTitable ¢ompany as at thE end of the financial year and of its surplu5 or d¢fi¢it for the fmancial ycar ui accordance with
the rquiremenls of the Companies Act 2006 relating to accounts, $0 far as applicable to the company.
These fmantial statements have been prepared in a¢¢ordaDce with the special provisions for Small COllLpanies under Part IS
of the CoTrpanies Act 2006.
The f￿anCIal statements were approved by the Board of Trustee5 and authorised for issue on
si￿ed on its bEh8lf by..
2024 and were
Trustee- Mr B Steed
Company registration no: 00704595
The note5 on page5 7- 13 fom part of thes¢ fmallcial stalEmeots
Page 6

THE ABBEYIIIELD WALTIL4M ABBEY SOCIETY LIMITED
IMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
for tILe vtar ended 30 Se
te¥nbtr 2023
ACCOUNTING POLICIES
Accouutillg Convention
The financial statements of the Charitable Co]npany* which is a public entity under FRS 102. have beell prcpared in
accordance with the Charities SOtiP IFRS 102)'Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to chaTities preparing their accounts in accordan¢e with the Finanetal Reporting Standard
applicable in the UK and Rq)ublic of Ireland IFRS 102) {effective l January 20191., the Charities Act 2011 and the
CO￿panIeS Act 2006. The accounts have been prepared under the bi5torical cost ¢onv¢Diion as modified foT the
valuation of tnveslmenl and on the basis it will conltnue as a going concern. There arc sufficient re￿e$ tts enable
the charity to continuc to achieve its objectives for the foreseeable future.
The financial statements are pre5¢nted in sterling and rounded to the nearest £1.
Reduced disclosure ex¢mption
Thc Charitable Company ha5 takcn advantage of the disclosure exemption in respect of the requirements of Section 7
"Statement of Cash Flow5" in preparing these accounts as perniitted by YRS 102 and the Charities SORP (FRS IQ21
Update Bull¢tin l.
Income 15 recognised when the charity has entitleTn¢nt to the funds, any perforn)2nce conditions attathed to the
item(s) of income have been met. it 15 probable that the income will be r¢¢eived and the amount can be ￿eaSured
reliably.
Income from charitable a¢tivilie$ arise mainly from residents fees for aCCo￿OdatIon and food and accounted for on a
re¢¢ivable basi5.
Income from investments 15 in¢luded in the year wh2ch it is receivable.
Eipendlture
Liabilities are recognised as expellditure as sooll as there is a lega] or constructive obligation coinmitting tbc charity to
that expEnditur< il is probable that a transfer of economi¢ benefits wtll be required ID settlement and the amount of
the obligation Can be measured reliably.
Expenditure is aGwUnt￿ for on an accruals basis and has been cla5sifi¢d under headings that aggregate all co
relgted lo the category. wh.￿re costs cannot be directly attributed to particular ELeading$ they have b￿￿ allocated lo
activities on a ba515 con51Stent with the use of resources.
Governanee ¢05ts
These rtpiesent those costs attributable to the managemeni of rhe charity's assets. organisational administration and
compliance with ¢onsEilutlODal and statutory requiretnents.
Tangible fixed assets
Tangible fjxed zssets are initially measured ai CO￿ and subsequently measured at C05t or Valuatio￿ net of depreciation
&nd any impaiment losse5.
DepTe¢ialion is recognised so as to write off the cost or valuation of assets le5S their residual values over tbeir usefvl
lives on the following base5'.
Freehold property
Freehold land
Fixtures and fittings
?% Dn cosl
-NIL
- 20°h on cost
The gain or loss arising on the disposal of an asset 15 deteTtninrd as the differen¢e between the sale pro¢Eed5 and the
carrying value of the asset, and is credited or charged to profit or Ios5.
Page 7

THE ABBEYFIELD WALTHAM ABBEY SOCIETY LI￿TED
IMITED BY GUARANTEE
NOTES TO THF. FINANCIAL STATEMENTS
for the
ear ended 30 Se
tember 2023
At Vdch reporting period end dat< the chuTity reviews the earrying amouttls of its tangible assets to deternjine whethcr
there is any indication that those as5et5 have suffwed aD irnpairnent1055. If any surh indication cxists. th¢ recoverable
a￿Ount of the as5el is e5timal¢d in order to dEtEtmin¢ the exlenl of the impair[n￿t loss lif anyl- Where it is not
possiblc to ¢stimate the reroverable amount of an individual asset, tbe cotnpany e5tirnates th¢ recoverable atDount of
the ca5h-g¢nerdting unit to whi¢h the asset belong5.
IDvesttnents
]nve5tments aTe measured initially at cost and subsequ¢ntly at fair value (their market value) at thr balance sheet date.
The SOFA iDGludes the net gain5 and105ses arising on revAluations and disposals throughout the year.
Cash at bank Ind In hand
Cash at bank and lli hand includes,. bank Current accounts alld bank deposit accounts with DO Wlthdrawal lirnttations.
Creditors
Creditors are recogni5cd where the charity has a prtscnt obligation resulting from a past event that will result in the
transfer of fimd5 to a third party and the amount due lo settle the obligatTOn tan be measured or e5timatcd reliably.
Cre(titors are recogllised at their settlement amollttt.
Financial IDstrumelltg
Financtal as5et5 and financial liabilitie5 aT¢ rttognjsed in the st￿en￿Lt of financi21 position when the charity be¢umes
a paty to the contract￿al provisions of tbe instrnment.
TTad¢ (including residents, fees} aDd other debtor5 and ¢redilors are cla55ificd as basi¢ firtanciaI instruments and
tneasured at initial recognition at transaction price. Debtors and creditors are 5ubs¢qu¢ntly measured at amortised cost
using the effective interest rate method. A proM5ion is established when therE is objective evidcnce that the charity
VAII not be able to collect all amounts du&
Cash and cash equivalents are cl8S5ified a5 b35io financial instruments and CO￿priSe ¢ash ID hand 2nd at b￿k. short-
tem bank deposit5 Wlth an original EDatUTity of three months or Ics5 and bauk overdrafts which are an integral part of
the charity'5 cash management.
T￿atits
The chaTity is exew.pt from COTporation tax on its charikblc a¢tiYities.
Pa8e 8

THE ABBEYFJELD IVALTHAM ABBEY SOCIETY LIMITED
IMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS- coffflNUED
for the
tar ¢nd¢d 30 Se
tember 2023
ACCOiINTING POLICIES (continued)
Bire purchase and le9siDg commitsnents
Rentals pzid under operating leases arc charged to the Stal¢ma)t of Fittonci81 Activit5&% on a straight line basis over the
period of the lease.
PeD$LOD ¢O$ts other p05t-retiremellt benefits
The charitable company operates a der￿ed tonlnbution pension scheme. Contrtbuhons payable to the charitable
company's pension scheme are charged to the StateTnent of Financial Activities in the period to which they relate.
Fund aceountillg
Unrestricted funds can be vsed in accordance with the charitable objectives at the discretion of the trustees.
Resth¢ted funds can only be used for particular restricted puJpose5 within tbe objects of the charity. Restiiction5 arise
when Specified by the donor or whell fi]nds are raisEd for particular restricted purposes.
Further explanation of the nztllrc and purpose of each fund is included in the notes to the fmancial statements.
VAT
VAT is not recoverable by the Charity and a5 such is in¢ludal in the relevant cost in these finan¢ial statements.
Guarllltee stgtus
The tompany is limild by guaralltee whereby each metnb¢T of the company undertakes to contribute to the c()mpany,
in the event of a winding up. while they are a member QT Wlthin one year after thcy cease to be a tnember. such
asnount as maybe rquired llot exceeding on¢ pound. At 30 September 2023 there were 3 member5 {2022 - 3
rnernbersl.
INv￿TMENT INCOME
30.9.23
30.9.22
Deposit account interast
2.3 17
2,856
NET lOtrrGOtNG) RESOURCKS
Net rt50urces ar¢ statd after charging..
30.923
30.9.22
Independent examiner'5 fee
Depreciation- owncd assets
4,192
19,474
4,415
20,645
TRUSTEES, RELWUN£RATION AND BEr￿FITs
There was no truslee5' remuneration or other benefits for the year ended 30 Septetnber 2023 nor for the year ended
30 September 20?2.
Trustees, Expell5es
There were no Irustecs, expenses paid ft)r the year ended 30 SepieTnbcr 2023, nor for the year ended
30 September 2022.
Pag¢ 9

THF. ABBEYFtELD WALTEIAM ABBEY SOCIETY LIMITED
IF+qETED BY GUARANTEE
NOTES TO THE FtNANCTAL STATEMENTS- CONTINUED
for the
tar ended 30 Se
tember 2023
STAFF COSTS
30.9.23
30.9.22
Wages and Salaries
Employer's NIC
Employer's pensioD contributions
158.186
4.578
2,444
206,425
1,915
1,654
165.208
209,994
No employee earned rnore than £60.000 per snnum (2022-nont .
The average MOnt￿Y llumber ofemployees during theyear was as follow5:
30.9.23
No.
30.9.22
Charitable activities
AdministratlOD
15
14
16
Thcre are no key employees.
TANGIBLE FIXED ASSETS
Fiitures.
fittiDg5 &
equipn]ellt
Freehold
property
Totsl$
COST
At l O¢tober 2022
Additions
1,184.649
190,939
550
1,375.588
550
At 30 September 2023
1,184,649
191,489
lJ76,138
DEPRECIATION
At l OctobEr 2022
Charge for the year
176.823
8.693
169.559
10.781
346,382
19,474
At 30 September 2023
l85J16
180.340
365.856
NET BOOK VALUE
At 30 Srptejnber 2023
999,133
11,L49
1,010,282
At 30 September 2022
1,007.826
21,380
1.029,206
Included in c05t or va]uatioD of land and building is freehold land of £749,990.
PaBe 10

THE ABBEITIELD WALTHAM ABBEY SOCIETY LIMtTED
IMITF.D B Y GUAtL4NTEE
r40TES TO THE FIP4ANCIAL STATEMENTS - CONTINUED
for tbe
ear ellded 30 Se
tember 2023
¥VESTMENTS
30.9.23
30.9.22
Value at 30 Sq)tember 2022
Di5P05al
Net Unrcalised gainsl(losses)
89.058
158.635)
3,996
105.060
(16,002)
Value at 30 Sept¢tnb¢r 2023
34,419
89.058
The book ¢ost of the investment at 30 Septctnber 2023 is £60.000 (2022: £110.000).
DEBTORS:
30.923
30.9.22
ReS￿dentS fees due
Other debtors and pTep2yments
28.498
22.489
16,624
15.814
50,987
32,438
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23
30.9.22
Trade creditors
other ¢r&litors
Accrucd expense5
2,996
1,516
10.793
3,49
2,391
9.875
15,305
16.015
io.
MOVEMENT IN FUNDS
Net movejnent in fullds, included in the above are as follows..
(IKJs8)
illvestn)ent
MovemeDt
in funds
lllcome
Expendithre
2021122
Unrestricted fullds
General fund
244,197
{324.1741
(16,0021
195,9791
TOTAL FUNDS
244.197
(324,1741
(16,0021
{95,979)
Gai
investmetlt
Movement
ID fulld5
Illcome
Expeudlthre
2022123
Unrestritted fund$
General fvnd
286,078
{341,1051
3.996
{51.031)
TOTAL Fuf4DS
286.078
(341.1051
3,996
(51.031}
Pagell

TUE ABBETrTIELD WALTIIAM ABBEY SOCIETY LIMITED
LIMITED BY GUARANTEE
IYOTES TO THE FINANCIAL STATEMENTS- CONTINUED
lor the
'ear ended 30 Se
tember 2023
io.
MOVEMEf4T IN FUNDS
Net
movement
io fllnds
At 30.9.21
At 30.9.22
Unrestricted fuDds
G¢neral fund
646.884
{95,9791
550,905
Restrleted fullds
Mabel Clari5se Warburton general fi]nd
Mabel Clari5se Warburton TCSttiGl¢d fi￿d
Miss Durell Leg3¢y
556,186
18,900
35,0(10
556,186
18,900
35,000
TOTAL FUNDS
1256,970
(95.979)
L.160.991
f4et
ovement
At 30.9.22
At 30.923
UDre5tricted funds
General fund
550,905
(51.031)
499,874
Restricted fund5
Mabel Clorisse Warburton general fvnd
M8b¢l Clarisse Warburton restricted fuDd
Miss Durell Legacy
556.186
18,900
35,000
556.186
18.900
35.000
TOTAL FUP4DS
1,160,991
(48,452)
1,109.960
ii.
BELATED PARTY DISCLOSURES
On the 12th August 2003 the thaTiti£s of the Abbeyfirld Waltharn Abbey Society Lirnited (by guaTalltee) and The
Charity of Mabel Claris5e Warburton weF¢ givu pBrmission by the Charitie$ CoDllDissioners to act alld rq)ort as olle
entity through a uniting direction.
Pag¢ 12

THE ABBEYFIELD WALTHAM ABBEY SOCIETY LIMITED
IMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMELYfs- CONTINUED
for the
eAr ended 30 Se
tember 2023
12. PRIOR YIiAR STATEMENT OF FINANCIAL ACTtvtTIES
Restrlcted
fuDds
(Donation)
30.9.22
Total
funds
30.9.21
Total
Funds
Unrestricted
funds
Restricted
funds
No¢e5
NCOME AND
ENDOWMENT FROM:
ChRritable aetivlti¢s
Supported living
Donètion5
Furlough grant receivable
Inve5thent illeome
240.594
747
240.594
747
266.527
2,856
1,465
3,189
2,856
Total iTkcome
244.197
244.197
271,181
EXPEND￿uRE ON:
Charitable activities
Supported livillg
Governance costs
302,028
22,146
302.028
22,146
296,094
15,979
Total expendithre
324,174
324,174
312,073
NEt 005sesl oll investmcnts
{16.0021
(16,002)
(6,2011
Net (expenditurellincome
before gains & losses
(95,979)
(95,979)
(47,093)
NET MOVEMEF4T IN
FUNDS
io
{95,979)
(95979)
{47,0931
RECONCILATION OF
FUFqDS:
Total fund5 brought forward
646.884
575.086
35,000
1.256,970
1.304,063
TOTAL FUNDS CARRIED
FORWABD
550.905
575,086
35,000
1,160,991
1,256,970
Page 13