REGISTEBID COMPANY NUMBER: ￿7{14595 IEDglaDd Wales) REGISTERED CIIARITY NUMBER: 2215&1 THE ABBEYFIELD WALTHAM ABBEY SOCIETY LIMrrED LEmlted b%. Guar*•tee REPORT OF THE TRUSTEE AUDITED FINANCIAL STATEMET4TS vrE Alwyns LLP House 151 High Road Loughton Essex IG104LG THE ABBEYFIELD WALTHAM ABBEY SOCIETY LIMITED LIMITED BY GUAIL4LYTEE CONTENTS OF TUE FINANCIAL STATEMENTS ended 3fj Se trmber 2024 Pa8e Rq)ort of the Trnstees I to3 tndepelld¢nt Examinees Report Stat¢m¢nt of Finan¢ia] Activities Balanee Sheet Notes to the Financial Statements 7t013 THE ABBEYFIELD WALTIIAM ABBEY So￿Ty LIMITED LIMITED BY GUARANTEE REPORT OF ThE TRUSTEES for the l'ear ended 30 Se tejnber 2024 The tn￿erf who ar¢ also directors of the charity for the PUT[rt)￿ of the Companiis kn 2(K)6* pre￿1 their report with the finan¢ial SMcmcnts of the charity for the year ended 30 Scptemb¢t 2024. The fmaD¢iai stat¢]nents hav¢ berll prewar￿ i accordan¢¢ with app]icable law and theieqU1rern￿ts of the Acwunttng and Rq￿Ing by Charities.. Statemffilt of Rcc4>mm¢nded Practice appIl￿ble to charities preparing thtir 2cco￿t$ in accordanee with the Financial R¢Fthin8 Stalldard applicable in the UK and Republic of Ireland (FRS 102) (effective l J4nw 2019}. REFERENCE ADMINISTRATTVE DETAILS Registered Compaoy llumber 00704595 IEttgiaTJd and Wal&s) Registtred Charlty •umbtr 221563 Reglstered offiee Warburttsn ￿Se M¢2dow Cr05S Waiiham Abbey EN9 3DJ Trnste*& G Negus V Davi8 B Steed tlldtyendEnt Examiner J A Rickler. FCA Alwyns LLP Crown HOUSE 151 High Road Loughton IGIO 4LO Bankers Metro Bank One Southampton Row Lolldon WCIB SHA STRUCTUR4 GOVERNANCE AND MANAGEMKNT Covernlllg document The charity is controlled by its govcrning dwumenL a de￿ of trust, and constitutes a limited company, limited by ￿te, as defmril by the Companies A¢t 2006. R¢¢n￿¢￿ent and appointsnellt of rtew truste Possibl¢ ¢andidatC5 for Trnsteeship are usually known and nominated by rxistin8 Trust¢¢s and appoirLt￿ by the TrL￿e¢S as a body. In fiLtur¢ it may be ¢kided to advertise vawcies. Risk mHnAg¢mellt The trustees have a duty to identify and revtew the risks to whith the charity 1$ expwd and to a)sure appropri￿¢ eontrts]s ar¢ in place to provide re&8onable a&SLLfdn¢e again￿ fraud and ¢xJw. Pa8e I THE ABBEYFIELD WALTHAM ABBEY SOCIETY LLiirrED I.IMITED BY GUAIL4NTEE REPORT OF THE TRUSTEES for the 'ear ended 30 S¢ tember 2024 OWECTIVLS AIYD ACTIVITIES ObJe¢tlve$ And or8•nI￿thD Abbeyfleld is a coulltywide charity, which was ¢reated by Richard ca￿.001)lln ill 1956 with the ethos of providing hon) for'the lonely elderly aprinciplcwhich is still the mission ofour Society- We off¢r sheltered accommod¥¢ion in ourmodern pujpose-built home set in its grounds. The object of th¢ ¢haJity is to provide sup]x)rtiv¢ housing for older people in ne¢d of a¢commtidation. We aim to provide safe, wam) and caring cnvironmenl wbich secks to meet the individual needs of¢a¢h resident. In providing tbis w¢ re¢ognise th¢ value and unique life experience of &ich j￿rgOn and treat everyone with kindn¢$4 dignity and respwt. Our home is a happy and fri¢lldlyplace. where r￿Ed￿)ts hav¢theopporturtitytomakcnew fri￿d$, butstill livethcirownlivc4 withsupport. Thc ttvo hous¢s o¢¢upicd by the charity are usually staffed by a paid House Manager, ¢crt)ks and home assistant& All our sthff seek to ty)sure tI￿t our provision of caTC is of the hi￿&81 quality and meets all th¢ regulatory siandards. The add￿$¢$ of the two hous￿ are.. Warburton Lodge, Meadowcro4 Wahham Abbs forthepr¢vention and dett£tion of fraud and other irreglllaritic5. Th¢Eq￿ has been pwored in accordance with the special provi$ion$ of Part 15 ofthy Cornpanies A¢t 21K6 rclating to Small Companie ON BEHALF OF THE BOARD.. EJtEg TNst¢¢- Mr B Steed 2025 Page 3 If*￿EFENDENT LXAMLNER'S REPORT TO THE TRUSTEES OF THE.4BBETrTIELD WALTHAM ABBEY SOCIETY LIMITED LI1￿lTED BY GUARAWIEE IDdepelldemt Ex4miDer'8 Report to Ihe Trnstets of Th¢ Abbeyfie]d Wxltham Abbey Sotlety Limi¢¢d I rq)ort to the tjvstees (who are also thre£tors for the rw of ¢ompany law) on my ¢xamittation of the financial staternertts of The Abb¢yfield Wa]tham AbbEy Society Limited {'the eharitable company,) for the year ended 30 Sept¢mt¢r 2024 which cornprisc th¢ Ststem￿t of Fi￿￿ela[ Activiti4 the Balance Sheet 8nd related note5. This report is made 801¢ty to the charity'5 trnstees, as a body. in acwrdan¢¢ with Section 145 of the Charitics Act 2011. My work has bcen undertaken so that I might 5tste to th¢ chArtty's trustees those m*ter5 1 am tequir¢d io stsieto them this report and for no other PUTPOS¢. To the fullt5t extent pern)inoJ by law, I do not a¢cept or assume respon$ibility to anyon¢ oth¢r t1￿ the charity and the charity's irust¢es as a b(Nty. for my work, forthis repo¢ OT for the optnion$ I have fornied. Re8Pbn8lbllhk8 ind basil of report As the tNstvts of tb¢ charitable wnpany you arc Tesponsi￿le forth¢ preparation of the financial statemettts in accordance wfftth the requirements ofthe Companies A¢t 2006 {'Ihe 2006 Act'}. H8ving ￿tisfIe1j myself that th¢ financial statements of the ¢hariiable compaDy ar¢ not rty4UiTed to be audited under Part 16 of the Act and aree11￿ble forindependent examination, I report in Yespeetof my cxaminalii)n ofthechaTitabl¢company's finan¢ia] staternents Gvried oul under seLtion 145 of the Charitie5 Act 2011 ('the 2011 A¢t') and in carrying out my examination I hav¢ followed atl th¢ applicable Directions giv¢n by the Charity Comn)ission under 8¢rtion 14515Xb) of the 2011 Act. AD independent examin￿lOtt does not involve gathering a]1 the evidthG¢ that would be wuifftl iD aD audit and ¢(￿seqU￿tiY does not eover all ihe mattos that an auditor considers in wving their opinion on th¢ finattcta] statements. The pla[￿]ng and conduct of an audit 8tr5 bcyond the limited &wan¢e that an independatt ¢xarnination can provid& ConWu￿tIY l exprc&s no opiniott as to whether the finaTL¢ial statements pres¢nt a 'true and fair, vtew and my re]th is limited w those specific matters set out in the independ¢nl examiner's siatement. Indepethdent examlner's ststenwllt I confimi that l arn qualified lout)dertakethe exarnination because l am arnember ofICAEW. which is one of the liSt￿bOdIeS in 6￿tiOn 145 of the 2011 A¢t. I have compl¢t¢d rny exemination. I confirn that no Material rnatt¢rs have come to my attentioj) in connection with the examination 8ivin8 me Cau￿ to believe that in any material rwect.. > a¢coutttin8 records w¢r¢ not kcpt in rwect of the ¢haritsble coMp￿Y as rwuirejj by s¢ction 386 of the 2006 Act; or the r]nan¢ia] stateM￿ts do hot accord with those rttords. or > the financial statem￿t8 do not ¢omply with the aCco￿ting Tequirerneiits of sxtion 396 of tbe 2(N)6 Act other than 8ny requir¢meni that the fina[lGi￿ slatements give a 'lrue and fair view which is not a matter consider¢d as part of independ¢J]t ￿aMinatiOn,. or > the financia] statements have not been prq)ared in a¢¢ordance with th¢ methods aDd principles of the Statement of Recommended Practice for a¢¢ounting and reporting by charitics applicable to ¢harities preparing their aceounts in a¢¢ordan¢¢ with th¢ Financial Repotting Startdard aFll)li¢able in thc UK and Republi¢ of Ir¢I￿d (FRS 102). I have no concen￿ and have come A¢f05s no other mattus in connedion with the examination to whi¢h attffltion sh(￿Id i drawil in this rq￿ in order to enable a proper und¢TStallding of the financial ststemfflts io be reached. J A Ri¢kl¢r, FCA ICAEW Alvryn$ LLP Crown Hous¢ 151 HighRoa Loughton E&sex IGIO 4LG 2025 Page4 THE ABBEYFIELD WALTIL4M ABBEY SOCTETY LIMrfED LtMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES INCORPORATIF4G AN INCOME AND EXPENDITURE ACCOUNT 'eAr ended 30 Se tembtr 2024 Restricted Dd5 (Donadon) 311.924 Tot 30.923 Totsl Fllmds Unrestrkted Dds Re$tri¢t¢d runds Not INCOME AL¥D Ch8Tttable attfvlti Supported living Donatio Investment in¢ome 308,127 308,127 283J72 389 2,317 1,078 1,078 309205 309205 286,078 EXPENDITURE ON: Ch8rilxble a¢tlvlties Supporfed livitig fjov+xnance Costs 288.690 24.593 288.690 24,593 311,312 29.793 Totsl ¢ipeJdltsre 313283 313283 341,105 Nct Sai￿s on investments 2,171 2,171 3,996 Net incomel(expenditsr¢) before gslns & 1086e8 (1.907) [1.￿7) (51.OJl} NET MOVEMENT IN (1907) (1907) (51031) RECOP4CILATIOfi OF FUNDS.. To¢*1 funds brO￿ght foTh8rd 499,874 575.080 35.000 1,109.960 1.100.991 TOTAL Fuf4DS CARRIED FORWARD 497,967 575,086 35,OiMI 1,108.053 1,109960 All 1￿COMe aDd expettdituff daiv¢s from continuing activities. The note5 on pages 7- 13 forni part of th￿e fillan¢ial $tatema)is P￿e5 THE ABBEITTELD WALTHAM ABBEY SOCIETY LIMITED IIMITED BY GUAIL4NfEE BALATrICE SHEET tr Rulrieted 30.9.24 Totsi fllnd8 30.923 Unrestrleted funds Re8trltted fund$ IDonatloll) Tangible 8SS&S Investm¢nts 429.413 36,590 575.080 1.004,499 36,590 1.010282 34.419 466.003 575,086 1.041.089 1,044,701 CURRENT ASSETS Debtors Cash at bank and in hand 13,397 38,979 13.397 73,Y19 50,987 29,577 35.000 52J76 35,(K>O 87,376 80,504 CREDITORS Amount failing due within year (20,412) {20.412} {15J05> NET CURRENT ASSETS 31.964 35,000 66.964 05359 TOTAL ASSETS LESS CURRENT LIABILITIFS 497.967 575.086 35,0(K) .108.053 1,109, NET ASSETS 497,967 S75W86 35,000 1,108,053 1,109,960 FLY4DS Unrestricta fimds Rcstricled fund$ (donation) R&*ricted fi]nds 10 497.967 35,(XlO 575,086 499.874 35,(XK) 575.086 TOTAL FUNDS 1,108,053 ,109J60 For the fin8ncial ytsr endal 30 Swtcmbcr 2024 the charitable company was entitled to ¢x¢mption from audit undu Section 477 of the Companies A¢t 20{￿ relatingio small companies and nts notscehas been dq)ositd under $￿tIOn 476 of th¢ Act. The directors acknowldg¢ th¢w responsibiliti&8 for ￿￿ring that the ch￿lIable company keeps 8¢¢0Urttitig rwords which ¢omply with section 386 of the Act and for pr¢paritJg accouDts whith give a and fair view of the state of 8ffair5 of the ch￿itable ¢ompany as at the end of th¢ finan¢ia] year and of its svrplus or defi¢it for the fiDaneial year in ac¢ordanee with the rEqUire]D￿t5 of the Companies Aci 201kn Jrlating to accounts, so as applicable to Ihc company. These financial statemeijts have bee￿ pr¢paFed ID accordanee with the special provisions f(x small companies under Part 15 of the Companies Act 2006. The f￿￿ClaI *aiements were approved by the Board of Trustees and authOri￿d forissue on wcre signed ots its brhalf by: 2025 and Tntstee- Mr B Steed Compmy reglstrition 007Q4595 The notes on pages 7- 13 fomi part of these financial statements Pas¢ 6 THE ABBEYFIELD WALTIIAM ABBEY SOCIETY LIMITED LIMITED BY CUARANTEE NOTES TO THE FINANCIAL STATEMENTS for the vear ended 30 Se mber 2024 ACCOUNTING POLICIES Ae¢fjuntthg ¢onvelltioll The financial ststements of the Charitable Company, 1$ a public cntity under FRS 102, hav¢ been prepar￿1 in accordance with the Chariti¢$ SORP {FRS 102}'Accounting and Reporting by Charitie$.' Ststemenl of Recomm¢nded Practice applicable to ¢harities preparing their accounts in accordance with the Fillaneiai Reporting Standard applieable in the UK 2nd Republic of Irtiand (FRS 102) {efftttiv¢ l January 2019),, the Charities Act 2011 and the Companies Act 2(K>6. The a¢wunts have been pryred under the historical cost convention as M￿lfied forthe valuation of invesijnent and th¢ basis it will continue as a going ¢on¢*rn. Thcre are sufficient r¢s¢rves to cnable the cljarity to continue to a¢hi¢v¢ its objectives for the fortseeable fututr. The financial S￿anentS are prewltal in stelling atLdrou#dcd to the nearest £1. Reduced dls¢k*sure exethption The Charitable Company has taken advantage of the disclosure cxemption ITJ ff5prd of the requIre￿entS of S¢¢tioJJ 7 "Stst¢m¢nt of Cgsh Flows" in preparing thes¢ a¢counts as pern)itt￿ by FRS 102 and the ch￿itieS SORP (FRS 102) Updaie Bulletill l. Income 18 recognised Wh￿ the charity ha6 ¢ntitlement to the fiu>d& any perfomance conditions attached to the itttn(s) of in¢ome have rnct, it is pmbable that the income will bc receiv￿ and the am0￿1 Can be measured reliably. Jncome from ¢haritabl¢ activities ori%e mainly from r&8idenls fees foraccornm(thion and food and accounted for on a Ieceivabl¢ basis. Income from illvestmait$ is in¢ludrd in thr year which it is rtteivable. Expettdl￿re Liabilities are recognised 0$ ¢xpa)diture ag soon as there is a le8ai or ¢onstmctive obligation eommitting ¢he tharity to that expcnditure, it is probable that a tran$f¢r of e￿A)noMiC b&Jefits will b¢rwred in settle￿¢￿t and the amount of the obligation can be me&sured reliably. Expendi￿re is accounted for on aD aCen￿lS basis and has been ¢la%sifIed und¢r headings that aggrcgate cost related to the category. Where co&$ cannot be direrfly attributtyj to particulaT headings th¢y have becn allocated to activities oth a basis consis1￿t with the use of r&8ource& Gov¢rn4nee costs Th¢s¢ repre5eni those Costs atiributable to the ]nanagem¢nl of the charity's tsset& org￿lSatiOn￿ administration and eompliance with ¢onstitutional and thtutory requirements. Tamglble ffted Tangible fix¢d assets are initially measure41 at eo* and subsquently rnea￿ at cost or Yaluation, n¢1 of depreciation atld any impainnent loss¢& Depreciation is recognised so as to write off the c05t or vatuation of &yd$1¢55 thcir rcsidual valu¢$ over their use lives on the following bas¢s- Frediold prop Fr¢thold lthd Fixftwes fiitings - 20/¢ on ¢ost -NIL - 20Y• on cost Th¢ gain or loss avising on the disposal of aD &58¢t is d¢tem)in¢d as the difference E¢twe¢n the ￿1¢ pr(Keeds and the ing value of the as*¢ and is credited or Ch￿grA1 to profit or lou. Page 7 THE ABBEITIELD WALTHAM ABBEY SOCIETY LIMITED LIMtTED BY GUARAP4TEE NOTES TO ThE FINANCIAL STATEMENTS for tbe 'ear ended 30 Se temb¢r 2024 Impa5rnie]rt At cach rcporting pcrtod end dat¢, the ¢barity rcviews the carying amounts of it8 tan8ible ￿ets1O deternjtne whether there 1$ any indication tFLat those usets have suffered an impairnellt loss. If any &ueb indication exists, the recoverabl¢ amount of thc ass& is estimatd in Ord￿ to deterniine the extent of the impairjncnt 105s (if any). Whcrr it is not pos$ibl¢ to estimate the recovtrabl¢ amotmt of an indivith]al asset. the company estimates the rttoverable amount of the cthgwAw&ting unit to whieh the asset belongs. Inve5tmellts v¢stments ore measured initially at COSt and subsequentjy at fair value lth•r market value) at the baiallc¢ shcct datc. The SOFA includes the n# gain$ and loss¢$ aTising on revaluations and disposa]s throughoui the year. Cash *tb*Mk and h*nd Cash at bank aDd in hand iti¢ludes' b￿k current accounts and bank dwosit acwjnts with no wÈthdrawai ]imitation$. Creditors Creditors are Tecognisd where th¢ charity h&$ a present obligalioll resulting from a p&qt event tbat will result ill the transfer of fimds to a ihird party and the arno￿nt due to s¢ttle thc obligation can be measuird or estimat￿1 reliably. Creditors aT¢I¢cogois¢d at their bett]ern¢nt amount. FI￿lle1￿ In¥trumellts Financia] assets and financial liabilities are T￿gnISed in thc statema)t of financid position when the charity b￿¢)rn a party to the contractual provision$ of th¢ instrurnent. Trade (including r¢sido)i$' fKs) and other debtors wld ¢reditors are clasgified ￿ basic financia] instrumcnts and measured at ini1181 r¢¢ognition at transaction price. Debt0￿ and creditors are subs¢quently Tnea5UTed at amortised ¢ost using the efftttiv¢ int¢r¢M rate m¢th5]tS with an original njaturity of three months or lus and bank overdralis which an part of th¢ ¢haTity'S C&8h management. Taxatlon The charity is exempt fro]n co4￿rat11)n tax on its charitable aaivities. Page 8 THE ABBEYFIELD WALTHAM ABBEY SOCIETY LIMrrED I.IMITED BY GUARANfEE NOTES TO THE FINANCIAL STATEMENfs- COIYTINUED fDr tbe 'eAr ¢nded 30 Se t¢tth¢r 2024 ACCOUNTING POLICIES (tOntI￿lled> Hlrp pur¢ba8e leA$kng tODunl¢me] Rentals paid undcr operating lea5¢¥ are ¢harged to th¢ Ststement of Fittaneial Adivities on a straight lin¢ basis oyer the paiod of th¢ l¢w. PeDgioll Costs and other post-rettremfnt bellefits Thc charitabl¢ ¢ompany OPLYates a d¢fina ¢imtribuiion pension scheme. Contributions payable to the charitable eompaDy'5 FKnsion scheme are charged lo the SiaiemeDt of FiDan¢ial Activities in the period to which they rdatc. Fund atcollnthg UnTes¢ri¢ted fund$ ¢an be usrd in accordane¢ with the charitable obj&%tives at the dixrctiot) of the trustees. ReM¢ttd funds can only be used for particular restricteil Purposes within the objects of th¢ d￿rity. Restrictions arise whffl specified by th¢ donoror filnds are rai.sed for pgrticular rr5trictrd purposu. Furthcr explanation ofthe n*ure alld rAllpose of ¢ach fiutd 15 included in the notes to th¢ finatJ¢ia] StateM￿t$. VAT VAT is not [EcoV￿ab]e by the Charity and as su¢h is included in the relevant co&t in thcse fiDan¢ial staternents. Gu8rall¢ee st*tus Th¢ ¢ompany is limited by guarnntee whcreby eaeh Djembtr of the cotllpany UDdotskes to contribute to the company. in th¢ ¢v¢nt of a WiDdin8 up. while they are a m¢mber or Mqthin one year after thty cra5eto be a rnembtt, such amount as maybe required not exce￿Illg one pound. At 30 SepteMl*r 2024 thu¢ We￿ 3 members (2023 - 3 meml)crs). INVESTMENf INCOME 30.924 30.923 Deposit a¢¢outht interest 1,078 2.317 IYET (OUTGOING) RL8OURCES Net resources art srated after ch8rgiTh8'. 30.9.24 311.923 tndependent examiner's fe¢ Deprethation- owned a5scts 4.381 18.042 4,192 19,474 TRUSTEES. REMUNERATION AND BETrIEFITS There was no t￿￿tees. rthuncration or otherbajrfits for the year ended 30 September 2024 nor forth¢ year ended 30 S¢pt¢mber 2023. Trusttt8' F.xpensts There were no trusttts, expLYJBU paid for the year ￿dcd 30 Sept¢mk 2024, nor for the year ended 30 Sept¢mb¢* 2023. Pag¢ 9 TItE ABBEYFIELD WALThLM ABBEY SOCIETY LIMITED IJMTTED BY GUARANTEE OTES TO THE FINANCIAL STATEMELYfs- CONTINUED for the ellded 30 Se mber 2024 STAFF COSI'S 30.924 30.923 Wa¥r5 and sa]aTies Employer'sNIC Employtr'5 pension contributions 150.585 3,504 2,208 158,186 4,578 2,444 156,297 165,208 No cmployee eama mo]r than £60,(￿0 per arIllU￿] (2023-none). The aveydgr rnonthly number of employees (kning the y￿[ was as follows.. 30.9.24 30.923 Nth Charitabl¢ a¢iivities Administration 12 13 13 14 Therc are no key employ¢¢s. TANGIBLE FIXED ASSETS Flithre4 fittlllgs & equipmejrt Freellold property Tota]$ COST At l Octobu 2023 AdditioJJs 1,184.649 191,489 12,259 1,376,138 12,259 At 30 Septembcr 2024 1.184.649 203,748 lJ88.397 DEPRECIATION At l October 2023 Char¥¢ for the year 185,516 8,693 180J40 9J49 365.856 18.042 At 30 Scptetnbcr 2024 194209 189.689 383198 NET BOOK VALUE At 30 Septembtr 2024 990.440 14,059 1,004,499 At 30 S¢plember 2023 999.133 11,149 1,010282 Includrd in cost or valuation of land and building is freehold14nd of £749.990. Pag¢ 10 THE ABBEYFIELD WAI.THAM ABBEY SOCIETY LIMITED LLMITED BY GUARANTEE NOTES TO THE FIPIANCIAL STATEMEIYT8- CONTLNUED for the e*r ended 30 Se temljer 2024 INvEsTME￿rs 30.924 311.923 Value at 30 September 2023 Dis￿SaI Nct unreaiis¢d gain¥ 34.419 89.058 (58,6351 3,996 2.171 Value at 30 Srmember 2024 36590 34,419 The bo(* ¢ost of the investment at 30 S¢ptembu 2024 is £60,000 (2023.. £60,000). DEBTORS: 30.9.24 30.923 Residents fecs du¢ Other debt<)rs and prepayments (467) 13.864 28,498 21489 13J97 50,987 CREDITORS: AMOUNTS FALLLYG DUE WITHIN ONE YEAR 30.9.24 30.923 TradE creditors Other creditors Accrued cxpens 737 1,676 17.999 1,516 10,793 20,412 15,305 MOVEMENT IN FUNDS Net movement in included in the alxjve are as follows: (Logi) Movement lllcorne Expendlthre vestment 2022n3 Unrestsl¢¢ed fu￿dI <3¢n¢T￿ fimd 286.078 (341.105) 3,996 (51,031) TOTAL FUNDS 286,078 (341.105) 3,996 (51,031) Movement fun Expendlture IDveJtment 2023124 UDrestrlettd G¢n¢ral fiu)d 309205 (313,283) 2.171 (1,907) TOTAL FUNDS 309205 (313.283) 2,171 (1.90D Pagell THE ABBEYFIELD WALTEL4M ABBEY SOCIETY LIMrrED LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- COTr4TINUED for the Tre8r ended 30 Se temb¢r 2024 io. MOVEMENT IN FUNDS Net mov¢m¢nt At30.9.22 At 30.923 Urtrestritted Gtntral fund 550.905 <51.031) 499,874 Restricted fvnds Mabel Clari￿¢ Warburton g¢neJal fiuid Mabel Clarisse Warburton restricted fund Mi55 Durell Legacy 556,186 18,900 35,000 556.186 18,gIKI 35,1 TOTAL FUNDS 1,160,991 (51,031) 1,109,960 Net ovement Ill thJJd$ At 30.923 At 30.9J4 Unr¢$trl¢trd fvnds G￿traI thnd 499,874 (1.907) 497,967 Ru¢rfcted funds Mabel Clarisse Warburton general fund Mabel Clarisse Warburton rtstricted fund Miss Dllr¢ll It8a¢y 556,186 18.900 35.000 556,186 18,900 35,(h)O TOTAL FUiYDS 1,109,960 (1,907) 1.108.053 li. RELATED PARTY DISCLOSURES Ott the 12th Au8USt 2003 the charities of the Abbeyfield W￿thaM Abbey Socicty Limited (by woaranteel and The Ch&ity of Mabel Clarisse Warburton w4y¢ ￿VeJ) permission by the Charitie5 C¢)mmissioncrs to act and repori as one entity through a unitillg di[￿lI0ll. Pa8e 12 THE ABBEYFIELD WALTWI ABBEY SOCIETY LIMrrED I.IMITED BY GUAIL4NTEE NOTES TO THE FINANCIAL STATEMENTS- CONTJNUED for the 'ear ended 30 Se tember 2024 12. PRIOR YEAR STATEMEf4T OF FINANCtAL ACTIVITIES Restrkted fuDd* (I>oDatloll) 30.923 Tots] fuDds 30.9.22 Totsl Funds Unrestrltted funds fllDd8 Notes tNCOME D ENDOIIMENT FROM: Ch¥4rit*ble activitie Supportcd livin8 Dtsnèt￿n5 Furlou8h grant Teceivable Investtnent In￿Me 283,372 389 283 J72 389 240,594 747 2,317 2,317 1856 Total imcome 286,078 286.078 2H,197 EXPENDITURE ON: Cbarltsble actlvltles Support¢d livin Governanec costs 311.312 29,793 311,312 29,793 302.028 22,146 Total ezpendlthre 341,105 341.105 324.174 Net (losses) on inv¢sth)¢nts 3,996 3.996 (16,002) Net (expeDdithreyineom¢ before loss¢$ (51,031) {51,031> (95.979) Nrf MOVEMEf4T IN FUNDS io (51031) {51,031) (W79) RECONCILATION OF Tot41 funds brought fonvard 550,905 575,086 35.000 1,160,9)1 1,25&970 TOTAL FUNDS CARRIED FORWAIU) 499074 S?S086 38000 1,109960 1,160,991 Page 13