Reg. No. 00765860
THE ABBEYFIELD FULWOOD SOCIETY LIMITED
UNAUDITED REPORTS AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2023
CHAMPION
Chartered Accountants
7-9 statlon Road
Hèsketh Bank
Preston
PR4 6SN

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
CONTENTS
PAGE
Registered Social Housing Provider InformalSon
Report of the Executive Committee
Statement of Executive Committee responsibilities
Accounlants Report to the Board
Statement of Comprehensive Income (including Income and Expenditure Account) 6
BalanGe sheet
Notes to the financial statements
8-13

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
REGISTERED SOCIAL HOUSING PROVIDER INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023
Executive Committee (Directors}:
Mrs K L E Gibson
Mr B Walmsley
Ms L Whitworth
Mrs M V Duckelt
Company SeGrelary:
Ms L Vvhilworth
Eslablishment..
The Society is governed by ils
Memorandum and Articles of Association
and is a company limited by guarantee
Registered Office:
Howard House
352 Garstang Road
FLrlwood
Preston
Lancashire
PR2 9RY
Bankers:
Nalional Westminster Bank plc
292 Garstang Road
Fulwood
Preston
PR2 4RG
Accounlants:
S M Robinson ACA
Champion Chartered Accountants
7-9 Slalion Road
Hesketh Bank
Preston
PR4 6SN

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
REPORT OF THE EXECUTIVE COMMITTEE
FOR THE YEAR ENDED 31 AUGUST 2023
The Executive Committee present their report, logethor with the Financial Slalements of th6
Company for the year ended 31 August 2023.
OBJECTIVES AND ACTIVITIES
We have referred lo the guidance contained in the Charity Commission's general guidance on
public benefit when reviewing our aims and objectives and planning for future activities. In
particular, the Truslees consider how planned activities will contribute to the aims and
objectives Ihey have set.
The object of the charity is lo provide the elderly wlth their own home within the securily and
companionship of Small households which can provide focal points for goodwill and friendly
contact within the community.
STATUS AND GOVERNANCE
The Abbeyfield Futwood Society Limited is registered under the Companies Act as a Company
Limited by Guaranlee (number 00765860) and is also registered under the Housing Act 1974
as being wholly engaged in housing activities as defined by that AGI. (Housing Corporation
registration number H22521. The company is also a registered charity (Number 229830).
DIRECTORS I EXECUTIVE COMMITTEE
The Executive Committee who served during th8 year and at the date of issue of this report
were..
Mrs K L E Gibson
Mr B Walmsley
Ms L Whitworth
Mrs M V Duckett
Mr K Duckelt {resign8d 30 September 2022)
Members of the charitable company guarantee to contribute an amount not exceeding £110
the assets of the charitable company in event of winding up. The total number of such
guarantees at 31 August 2023 was 4.
RESULTS
The results for the year arising are as set out in the Income and Expenditure Account. The
Executive Committee considers that the stale of affair8 of the Society is satisfactory.

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
REPORT OF THE EXECUTIVE COMMITTEE {Continued}
FOR THE YEAR ENDED 31 AUGUST 2023
REVIEW OF THE YEAR
Abbeyfield Fulwood (Howard House) continues lo provide support lo the residents in a
comfortable and well-managed house. We have maintained good levels of occupancy over
the year, but we have had sorne vacancies as well.
The year brought one significant Slaff change, Mary Salterihwaite who had worked with us
as relief housekeeper for many years retired. We were really sorry to lose her but wished her
well in her retirement. We welcome lo our staff Lynd5ey Gregson who will be able to lake on
some relief cover for us. Hanorah and Julie have made some changes to their work schedule
with Julie taking on extra days and extra responsibilities. We are grateful to all our staff for
their commitment, care and friendship. In this we include John (gardener} and Jane
{Cleaner). Thanks to you all.
The focus of all our work is the care and wellbeing of our residents. This year has again
brought some Ghanges. We lost Betty, Kathleen and Ev this year and send our cOndolen￿S
to each family. It has been pleasing lo hear from the families who all spoke so appreciatively
about Howard House and the care it provides. We have welcomed new residents and wish
them all well for their future al Abbeyfield Fulwood.
In our procedures for care, we do try through the year to provide opportunllies for residents
and families lo come together on social occasions. We regularly hold social evenings for the
residents - chal, refreshments and games (dominoes). We also organise events for families
and friends. This year we celebrated the Coronation with a garden party, bul have also had
barbecue evenings, bingo and quiz nights- all well allended. Thank you lo the staff,
committee and volunleers who work hard lo ensure the events are a Su￿ss.
Over the year we have made some changes to our property. The major project being the
refurbishment of the small bedroom (ensuite) to a furnished "short-stay" room. We hope it will
be a beneficial addition to our provision. We have also continued with the garden
improvements in particular at the front of the property.
The committee continue to work hard to support the house and residents. We hav@
welcomed Marian to our leam and hope she enjoys volunteering with us. We look forward to
the future with Gonfidence, the property house and gardens are all kept in good order,
provision for residents is excellent and we continue to receive goodlpositive reports from
residents, family and sponsors.
We do need to find ways lo allract new volunteers and committee. We depend on the
committee and trustees leam and would welcome any support andlor suggestions to altra¢t
new members. Some ofthe work we do as volunteers is time consuming, but It is always
rewarding.
RISK REVIEW
The executive committee is continuing lo review major risks to which the society might be
exposed and systems are in place lo mitigate such risks.

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
REPORT OF THE EXECUTIVE COMMITTEE (Contlnued)
FOR THE YEAR ENDED 31 AUGUST 2023
RESERVES POLICY
The sociely holds sufficient reserves to cover any normal liabilities and the policy is lo keep
such reserves at an adequate level
STATEMENT OF THE EXECUTIVE COMMITTEE RESPONSIBILITIES
The committee is responsible for preparing the report and financial statements in accordance
with applicable law and regulations.
The Co-operative and Community Benefit Societies Act 2014 and registered social housing
legislation require the committee to prepare financial statements for each financial year which
give a true and fair view of the slate of affairs of the association and of its income and
expendilure for that period.
In preparing these financial statements, the committee is required to..
select suitable accounting policies and then apply them consistently.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any malerial
departures disclosed and 8xplain8d in th8 financial statements., and
prepare the financial statements on the going concern basis unless il Is inappropriate to
presume that the association will conlinue in business.
The committee is responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the as50Gialion and enable it to ensure
that the financial statements comply with Co-operative and Community Benefit Societies Act
2014, the Housing and Regeneration Act 2008, the Accounting Direction for private registered
providers of social housing in England 2012, Charities Act 2011 and Companies Act 2006. 11
has general responsibility for taking reasonable steps lo safeguard the assets of the
association and to prevent and detect fraud and other irregularities.
By Order of the Board
Ms L Whitworth
Mr B Walmsley

INDEPENDENT REPORTING ACCOUNTANTS REPORT TO THE BOARD OF
THE ABBEYFIELD FULWOOD SOCIETY LIMITED
Independent reportlng accountants, report to the members on the unaudlted accounts
of The Abbeyfield Fulwood Society Limited
We report on the accounts for the year ended 31 August 2023 set out on pages 610 13.
Respectivè responsibllitles of the Board and rèpoitlng accountants
The Board of the Registered Social Housing Provider is responsible for the preparation of the
accounts, and they consider that the Registered Social Housing Provider is exempt from an
audit. It is our responsibility to carry out procedures designed to ellable us to report our
opinion.
Basis of opinion
Our procedures consisted of comparing the accounts with the accounting records kept by th8
Registered Social Housing Provider and making such enquiries of the offi￿rS of the
Registered Social Housing Provider as we considered ￿e￿SsarY for the purpose of this report.
These procedures provide Ihe only assurance expressed in our opinion.
Opinion
In our opinion:
th8 accounts for year ended 31 August 2023 are in accordance with the accounting
records kept by the Registered Social Housing Provider under paragraph 135121(a) of
the Housing and Regeneration Act 2008.,
having regard only to, and on the basis of the information contained in the accounting
records:
the accounls comply with the requirements of the Charities Act 2011.
the Registered Social Housing Provider has satisfied Ihe condilions for exemption
from an audit of the accounts for the year ended 31 August 2020 specified in
section 136{3) of the Housing and Regeneration Act 2008.,
the Regislered Social Housing Provider mat the financial criteria enabling it to disapply
the requirement to have an audit of the accounts for the year specified in section 84 of
the Co-operative and Communily Benefit Societies Acl 2014,. and
the accounts comply with the requirements of the Housing and Regeneration Act 2008
and the Accounting Direction for private registered providers of social housing in
England 2019.
Stephen-fRobinson ACA
Reporling Accountant
7-9 station Road
Hesketh Bank
Preston
PR4 6SN
Dated..

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
STATEMENT OF COMPREHENSIVE INCOME (INCLUDING INCOME AND EXPENDITURE
ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Notes
Turnover
Less.. Operating Costs
Operating SurplusllDeficit)
Interest payable
Interest receivable and slmilar income
139,302
109.521
1119,684) 1122,341}
19,618
{12,820}
(6}
6,279
10,1S4
Surplusl(Deficit) for the year
11
29,772
16,5471
On behalf of the Execut¢ve Committee
Ms L Whitworth
Mr B Walmsley

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
BALANCE SHEET- Reg No 00765860
AS AT 31 AUGUST 2023
2023
2022
Notes
Fixed Assels
Housing properties - depreciated cost
Other tangible fixed assets
108,596
2,819
112,727
3,317
111,415
116,044
Current assels
Debtors and prepayments
Cash at bank and in hand
2,775
498,193
500,968
2,352
492,974
495,326
Creditors: Amounts falling due
within one year
{4,801)
(33,560)
Net current assets
496,167
461,766
Totsl assets less current liabilities
607,582
577,810
Capital and reserves
Revenue and reserves
607,852
577,810
For the year ending 31 August 2023 the company was entitled to exemption from audil under section
477 ofthe Companies Act 2006 relating lo small companies.
These accounts have been prepared in accordance wilh the provisions applicable lo companies
subject to small companies, regime.
Directors, responsibilities..
The members have not required the company to obtain an audit of its accounts for the year
in question in accordance with section 476;
.The directors acknowledge their responsibilities for complying with the requiremenls of the
Act with respect lo accounting records and the preparation of account8.
These financial statements were approved by Ihe Executive Committee on
On behalf of the Executive Committee
Ms L Whitworth
Mr B Walmsley
The annexed notes form part of these financial state
ents.

THE ABBEYFIELD FULWOOD SOGIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PRINCIPAL ACCOUNTING POLICIES
General informatlon and basis of preparation
The RSHP is incorporated in England and Wales under the Companies Act 2006 and is
registered with the Housing Corporation as a Registered Social Housing Provider IRSHP),
The address of the registered office is given on page l of these financial statements.
The RP constitutes a public benefit entity as defined by FRS 102.
The financial statements have been prepared in accordance with applicable accounting
slandards including Financial Reporting Standard 102 The Finan¢ial Reporting Standard
Applicable in th8 UK and R8public of Ireland {FRS 102), the Statement of Recommended
Practice for Social Housing Providers 2014, and with the Accounting Direction for private
registered providers of social housing in England 2015. The financial statements are also
prepared under Ihe requirements of the Housing and Regeneration Act 2008 and the
Companies Act 2006. The financial statements have been prepared on a going concern
basis under Ihe historical cost convention. The finanoial statement5 are prepared in sterling,
which is the functional currency of the RP, and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements
are set out below. These policies have been consistently applied to all years presenled
unless othewise stated.
Turnover
Turnover represents rental income and s@rvice charges receivable net of rent and service
harge losses from voids, revenue grants from local authorities and the Housing Corporation,
and the disposal proceeds from Current asset property disposals.
Fixed Assets and Depreciation
Tangible fixed assets (including social housing properties} are slated al cost, less
accurnulated depreciation and Social Housing Grant. Cost includes Costs directly atlribulable
to making the asset capable of operating as intended such as the cost of acquiring land and
buildings, development costs, interest charges on loans during the development period and
expenditure on improvements. Expenditure on improvements will only be capitalised when it
results in incremental future benefits such as increasing rental income, reducing
maintenance costs or resulting in a significant extension of the useful economic life of the
property.
Depreciation is provided on all tangible fixed assets charged over the expected economic
useful lives of the assets at Ihe following annual rates..
Housing properties, houses
Fixtures & fittings
20/0 Straight line
150/0 reducing balance
Major components of housing properties, such as lifts and warden alarm systems, have been
accounted for and depreGiat8d separately from the connected housing property.
The useful economic lives of all tangible assets are reviewed annually.

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PRINCIPAL ACCOUNTING POLICIES Icont'd)
Provisions
Provisions for cyclical maintenance or rnajor works to existing stock are not made unless
they represent commitments or obligations at the Balance Sheet date where there is no
discretion to avoid or delay the expendituro.
Receipts in advance in respecl of agreements to carly out improvement works on properties
on behalf of third parties are recognised in creditors unless it is appropriate to offset such
balances with other balances relating to the same third parl in accordance with Financial
Reporting Standard {FRSI 5.. Reporting Financial Performance.
Houslng Properties
Housing properties are principally available for rent and are stated at cost less any provision
for impairment Irepresenling a diminution in the recoverable service potential of the asset
below its carrying value in the balance sheet} less depreciation. Cost includes the cost of
acquiring land and buildings, development costs, interest charges incurred during the
development and expenditur8 incurred in respect of improvements.
Works to Existing Houslng Properties
ExpendilurB on existing housing properties is capilalised when it is eilher capable of
generating increased future rents, extends their useful economic lives or significantly
reduces future maintenance costs.
All other expenditure in respect of general repairs lo the housing stock is charged to th8
income and expenditure accounts as it is incurred.
Property Dlsposals
Properties available for sale or transfer are included in current assets. The disposal
proceeds from properties owned oulrighl are included in turnover and the surplus or deficit
is accounled for in the income and expenditure account of the period in which the disposal
occurs as the difference between the net sale prO￿ed$ and the not carrying value.

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
40.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
TURNOVER
2023
2022
Residential Char
Rents receivable
es
139,302
109,521
Net surplus from social housing aclivilies
139,302
109,521
Void Iosges
Other Income
Donations
COIF interest
Income from solar panels
Rent receivable
3,841
1,400
394
1,385
4,5(KJ
6,179
10,154
OPERATING SURPLUSI DEFICIT
Operating Surplusl Deficit is stated after charging..
2023
2022
Depreciation and amortisalion of owned assets
No emoluments have been paid to the directors during the year.

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
11.
NOTES TO THE DETAILED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2023
OPERATING COSTS
2023
2022
Employee costs
Food and household costs
Rates, insurance and licences
Healing, light and cleaning
Repairs and maintenance
Office and sundry expenses
Residenls Christmas party and outings
Helpline costs
Affiliation fees
Auditors & accountancy
Depreciation of property
Depreciation of fixtures and fittings
48,114
26,985
9,062
6,356
14.648
2,986
47,800
23,885
8.203
8,479
20,232
2,230
1,685
2,902
2,317
4,131
498
1,761
2,934
2,100
4,131
586
119,684
122,341
EMPLOYEE INFORMATION
2023
2022
The average monthly number of employees, including
part time employees
The average number of persons employed
during the year lexpre55ed Tn full time equivalents) was:
offi￿ staff
Wardens, caretakers and cleaners
2023
2022
Staff costs (including members of the Board)
Wages and salaries
Social Security costs
48,114
47,800
48,q14
47,800

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
12.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
TANGIBLE FIXED ASSETS
Freehold
Land and
Buildings
Fixtures
and
Fittings
Total
Cost:
At 1 September 2022
Additions
196,237
71,461
267,698
At 31 August 2023
196,237
71,461
267,698
Depreciatlon:
At 1 September 2022
Charge for year
At 31 August 2023
83,510
4,131
87,641
68,144
498
151,654
4,629
156,283
68,642
Net Book Value:
At 31 August 2023
At 31 August 2022
108,596
112,727
2,819
3,317
111,415
116,044
All fixed assets are used for direct charitable purposes.
DEBTORS
2023
2022
Amounts falling due within one year:
Other debtors
2,775
2,775
2,352
2,352

THE ABBEYFIELD FULWOOD SOCIETY LIMITED
13.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade credilors
Taxation and soclal security payable
Accruals and deferred income
1,319
3,482
4,801
984
32,576
33,560
The charity aims to pay purchase invoices within 30 days of receipt.
RELATED PARTIES
No related party transactions hav@ taken place during the year.
10
COMPANY STATUS
The company is limited by guarantee and as such has no share capital.
11
UNRESTRICTED INCOME & EXPENDITURE RESERVE
2023
2022
Retained surplus brought forward
at 1 September 2022
Retained surplusl(deficitl for the year
Retained surplus carried forward
at 31 August 2023
577,810
29,772
584.357
{6,5471
607,582
577,810
The company has no restrictions on the use of retained surplus.
12
UNITS
Units at
Start
Units at
End
Social housing for older people - owned

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