THE ABBEYTIELD CHESTER SOCIETY LIMITED UNAUDITED FINANCIAL STATEMENTS FOR YEAR ENDED 30 SEiyfEMBER 2025 Company Registrdtimi Number778105 Charity NuDther 213470 UHY HACKER YOUNG Chartered AccDuntants 4th Floor, Merdwits. House CTook Street Chester CHI 2BE THE ABBEYFIELD CHFSTEK SOCIEfY LIMIIED FINANCIAL ￿ATEmENrS YEAR ENDED 30 SEFTEMBER 2025 CONfEFIts PAGE Company In[orn￿tiOn Report of the Truslee5 lincorpordtin8 the diTector5 report) Statement of Tnjstees, Responsibilities lJ)dq)Èndent Fxamit*rfs Report io Statement of Firwicial Aclivtties {incorporating the income and expenditure account) li Statement of Finanaal Pi6ition 12 StatemeTht ol CAsh Flows 13 Notes to the Financial sta￿rne￿ts 14-21 Detailed Income and ExpenditUtrE Account THE ABBEYTIELD CHFSTER SOCIETY UMITED COMPANY INFORMATION YTAR ENDED 30 SEPTEMBER 2025 Pcollins CAWild V E Fisher 26 May 2025> S L Popplewell {re$R￿d 15 lanu3ry2(126) M KTyrie (appoinled 21 NoVeM￿r2(rI4) S D Pilley (appointed 18 November 2025) Chester City Council RepTesentativtr.- nffle P Collins Administrator B A Ktiight (resigned 31 July 2025) M A Davies (appointed 8 ￿tember2015) (K1778105 Clwity Nurnbet Regi8texed Office and Principal 3 Queen's Park Road Handbridge Ch&ster CH4 7AD Indepetsdent ￿miner R Smith FcAMF￿g UHY Had￿ Youn8 Chartered Ac￿untants 4* Floor. me￿hants House Crook Stteet Chester CHI 2BE Soliototy DEM LLP Archway House Station Road Chester CHI 3DR Ba•keTr Ljoyds Rank plc. cl￿ster THE ABBEITIELD CHESTER SOCIEfY LIMrrED REPORT OF THE TRUSTEES (INCORPORATING THE DIRECTORS REPORT) YEAK ENDED 30 SEPTEMBER 2025 unaudited financial stalements of the than.ty for the year Lmded Wter 2(125. The &Kiety ts a Company IAmited by guaranlee. regTStered in Ensland and Wale5 under the CornFwies Act and is governed by its memornndum and artidesof asswiatio The knlety isa ￿81$￿ed charityand isrewteTed with Ihe Regulator ofsocial Housing as a Ery5tered SOLial landlord. This repjrthas been pepared jTracthrdan￿WJth the provisions app]icableto companies entided kn the small companies eX￿￿PtiOn. Objecllvesand athAtte8 The o14e£lAve of the &Kiety is to provide sheltered accoMM(datio￿ care and companionship for lonely and frail elderly Feople in atrordance with the aims and prinoples fiTSt established by The Ablwfield Society. This adivity falb wholly within hostel housing aCtI￿tieS asdebned in the Housing Act 1996. These objectives aLE acbieyed by Tentsns the Stmietys accommodation to the elderly and providin8 mea15 and experienced housekeews to Ca￿ for the tenants at eath Pro￿ty. The &xiety aims to athieve an occupancy rate ot 95% each year, the OCLiwaLKy rdte for &￿year was93% (2024: &5%). Public knefit glatemenl The d)aritable objects of the &Kiety are to provide safe and Secu￿ housing and support to elderly people regardlessof sender, famiiyor £inanaal arcumstances, ra￿. colouT. religion or sexual orientation. TheTrustees arecomnutted to furtheringthe obiertives PTimaritybyprovidinghigh quality SUPWrt to elderly users of the Society's housins faalitie& It is the Obi￿tiVe of the Trustees each yeaT to rrtaximise the public benefit provided by the Society in providing thi5 suppo¢ having ryard to the extent of the S)cieWs income and rwrves the cost of facilities and the ability of residents to nwke payments fn)m tr￿1r own Elderly people with limited resourc￿ who w(Juld wish to ￿e the knieWs kcilities will te assisted in obtai￿1n8 any state-funded aid to whith thry entitled. The Tnjstees have complied with the duty in sertion 17(51 of the 2011 Charities Art to have due regard to id0￿￿ published by CTr￿1ty cO￿￿nIS$ll0n (R.e. pub]ic knefit stalem￿t}. TheTrustees metonfiwvoccasions(luriThgtheyear. Thedayto day rl￿￿Inglsde1egat&I tt)HouseCI)rnnuttees who met as and whenne￿5sdry to discu* ￿levant matlers. THE ABBEYFJELD CHESTTR SOCIETY LIMITED REPORT OF THE TRUSTEES (ENCORPORATING THE DIREcfoRS REPORD YEAR ENDED 30 SEPTEMBER 2025 The fixed a55ets of the Society are shovm in note 8 to the accwDt& The proFErty was re-valued, for Inwran￿ ptsrposes only. in January 2012, by an independent valuer R B Sunderland Bsc (Holls) MIUCS. Tr Yaluation isbased on ￿-bUIlding£05ts0ndexC]UdestheV&Iue ofthe land. The TrUS￿e5 ￿ not aware ofany signifiL￿t d￿ge5 sinceth2s valuation. Value Cost xdlldins Undudins landl landl 3￿￿￿S Park Road, HarKlbridse, C&￿￿r 12 1.139, 363.¥J2 3T/.531 Revlew of adivilieg During the year, the SoLiety continued its work in providing ac(xYmrn￿ati0n for the eldedy. In successfully F￿1[&8 this airtty the S(Kiety relies sreatly on the hard work of ourstaff and voluntary workeTS. The Society did not experien￿ any serious incidents that needed to be broU￿t to the att￿tion of The Regulator of &Kial Housing. The re￿Its for the year. and the charfftty's financial FX>5ition at the end of the year are shoym in the atts￿￿d financial statements which show net expe￿￿￿ture befjo￿ Lwwealised gains and losses of Q.472 12024.. Net expendituteof£12S73). These indude a reali5ed sain on investmentassetsof£2.OYJ (2W2I. a,341 gain). When theeffect of the ur￿aliSed sain on invest[r￿ts of £27,423 (2024: f2&J28 82Tnl istaken intoaecountthis results in an vverdll gatn of Q4951 for the year {2W24: f23,&55 gain). Theprincipal sourtr of funding for the &xietyismonthly thargesto ￿￿efttsfortheirmornandn￿ls.The£e charges are well below comtnercial rate Thekniety continu£s toadvertisein V￿louS wayse.& I￿1 magazin0% marketingevent*website andvarious web.based rnedia SLth as'FaLYbrx)k' and'YouTubg. We are a]50 featu￿ on thenational AbFryfield kniety website. THE ABBEYFIELD CHESTEK SOCIETY LIMfiED REPORT OF THE TRUSTEES (INCORPORATING THE DIRECTORS REPORD YEAR ENDED 30 SEFfEMBER 2025 The prinapai risks include damage to the building both interThally and externally which could Tr5ultin substantial casts for repair. Maintaining a comfortable and happy atsnosphere between Irustees, staff and resldents assists in eaERy identifjcation ofany such problem. The comprehensive IrLsufdn￿ whith is ￿neWed arfftually, eovers the flnancial cost of repair. The other main riskis the level of room (XLupancy and its impact on the ￿)ety'S ftnances. As a charity, the kniety is requiTed to prepare a1￿Ual budgets on thebasis of95% rrym occupancy, itis theLEfore very that a hi￿ level of ￿PanCY isachieved and maintsined as Earas F)ossible. To this en& the kniety employs vtirious means h)duding maintaining a website. use of sooal tnedia platforms, listing on lthe natiojwi Abbeyfield Society website and use OE I(Kal media including magayines and I￿￿1 radio. Detalled attention was given in the swnmer of2025 to lire rffisk The llP￿date and COrnPTehenSiVefi￿ alarni system is now servitrd by a new contrartor. A new Fire Risk Future pjang The Society will continue to PL))vide a hi￿ level of housin8 al￿ supportservi￿$ to OUT elderly ￿sIdents and thatcharges are reasonable and affordable. We Lrntly meet the Abbeyfield Core StandaTd artd will ensure that we contlnue ￿d0 SOAn the future. Value for money and the VaIue foz Money metiic Valueformoney is bang e£fLrtive in planning and then mana8ing and oF*rnting the tharity. The aitn is to make the ￿$t use of available ￿SOUr￿ whilst provtdinghomes to improvethe (D￿lty of life rfresAdent& Followins issue in Awil 2018 vf thE Techmical note by the Regulator of knial Hou5iD8 the d￿rity now rewtrrts on the 7 metiy(s covered by thi5 tect￿lta1 note. The figures in brackets at the end of each metric act as a cornparator and ￿present thi￿ oflhe Abbeyfield &yiety (fASI - Hou5insAssxiation Number H1046 for its most Yecent tinancial year ended 31 Mareh 2025. MelTiC l - ReinvestmeDt% The reinvestment metric l(x)ks at the Tnvestment in properties {existing st￿ and rew supply) a5 a per￿ntage of thevalue of totsl properties held.Thete has been no developmentoE propety in theyear with Fdetiic 2 - New 8uppIy delfvettd % There havei*en no new units cteated and this meltic is therefo￿ ￿ (rAg. 0%). Mettl¢ J - Gearitis % This Tnetric represa)ts net debtas a percentase of the value of proFerties held. As the d￿rIty di￿5 not haveany loans this metric do￿ not apply (fA&-2&8%). THE ABBEYFIELD CHESTER SOCIETY UMITED REPORT OF 771E TRusfEES (INCORFOIIATING THE DIREcfoRS REPOR YTAR ENDED 30 SEPTEMBER 2025 Metrie 4 - EarD￿sS before IDlereJ¢ Depreoatto4 Amorbsatioty Ma]￿ Repaity Ittduded ￿[[DA MRI) Inte￿5t Cover % As meThtioned in Metric 3 alxN< the charity d(￿ not haveany debt and therefore this rnetriedoes tM)t apply (TAS.._3,041%). Metric 5 - Headline 6wal Immsins costper unil 'rhis rnetsic represents the total 50Lial housins costs la5 defined by the resulator) divided by the totsj untts owned and has been calLxllated as£19J&8 (fAS.. £97,231). Metrle 6- Oper¥ttrtg 0/0 Th¢ opaatiD% tnargin of the charity i3-l.I•A {TAS:_18.71%). Metric 7- Return ￿pital OiOCE) % 'lThis metriccomp8testhe overall operatin8 Su￿lUsI (deficit)tototal &ssets l¢s$ current liabililie8. The ROCE of the charity 2.4•/ts {TAS- .2.1%). The ￿￿￿tea￿￿é$ curtently Stand at£4£120. The Soc[e￿5 strategic aim is to crntinue to bui]d up and adequatÈ Teserves: *he &J(ietfs assets are availabTreand adequate tofulfd itsobligationsinrelation to futttreti)mrritment&ThemaN)rityOfthe&ssetsa￿ tiwid aftdcanbereal1￿dW1thOUt818Thl&c2ntde1ay.Th* totalTrserVtsat￿￿r2￿2s were£745,2W{2tr24.&XO,3391 and these are dthR]ed in nole 19 to thtaCaK￿ts. Investhients The investments aTe actkvely marthged on a day.ttrday ba￿ by {￿lIkr Cheviot with the overall a￿e and strategy regularly reviewed by the Trustee5. During the year. a p)rtion of tht lunds pre￿USty FV5itive maJ*et Itevel()pmertts the valut thÈinvestma)t portf4)]io Increas￿ by approximatsly É19D O(KJ over the courseoÉthe year. Thts ts the main faclor contributing to the reduction in 42sh held on deposit at the year end. Th*Tr￿. whoare liS￿d on page 3. ate also étrectors for the purFI￿5 ofthe Companie5 Ad. There shall be no less than3 and no nxjre than 18 Trusts￿. Eathl"nLw*e I$￿Ve￿aTr area of reS￿￿b￿lty{1nWknIdt they teFM)rtat t oEthe The Truslees whosetvedthe eharity during the wiod liskd ￿ page 3. Tntstee5 are usually rwruitÈd via local contart with volunt¢orBU￿￿uttftd￿tWnal invitations frOmTn￿. The T￿L￿ee5 catt appoint Tntstees durFrtg a Trnstee mÉelitw. Thtse newTrttgtc￿ h(Ad only tmtil the ne¥t THE ABBEYFIELD CHESTER SOCIETY LIMITED REPORT OF THE TRUSTEES IINCORPOKATING THE DIREcfoRS REPORTI YEAR ENDED 30 SEPTEMBER 2025 Annual m￿titi8 at whith time they elI￿[e for rtYlectIo￿ Alt new Ttusie45 are SUpF￿rted by otlw Trnst*es in theirindudion within the &Kiety. VvluDteers TheTrustees recognise and appreaate thevaluable contributirn made by all vohxnteets who have helF*d prddical ways throughwt theyeat. Ri8k•Bsessment The ￿lèty re%ularty ￿vIeWS ILS risk aw5rnent plicy to ettSu￿ thal it Continues to comply with the Abbeyfield standard. Registered offi￿. 3 {￿een5 Park Rtsad klandbrtdge cheS￿r CH4 7AD Sig]ed ¢m b￿￿lf0f the EXeL￿tive Committee P Collins Trllstee Date.. +IK Fdly ￿t-1. THE ABBEYFIELD CHESTER SOCIETY LIMrrED STATEMENT OF TRUSTEES. RESPONSIBILTTIES YEAR ENDED 30 SEFfEMBER 2025 The Trustees (who are alw d1￿clO￿ of The Abbeyfield Chester Sxiety Limitsd for the Purp￿ of CQTnpany lawl are respo￿$Ible fcjr preparing the TTU5tee< Annual Report and finanaal #atements in aC￿rda￿ with app]icable law and u￿t￿l kngdom8enerally accepted accvunting P￿ctiCe. C(Trmpany law and reSi￿ered ￿la1 housing assrKiation re￿latiOnS require the Tnkstees to prepare finanaal slatements (or eath fivwiaal year which give a Irue and fair view of the *tste of xffairs of the charitable company at the end of the year and of the incomiDS resources and application of resollrces induding the income and eXE￿ndItUre of the charitsble company for that wi(KJ. tn pyeparing those fin￿1& stratsmen the T￿st￿$ wuired to.. select Suitable accounting Foliaes and then apply them o)nsisieThtly: observe the meth￿S and ptinciple in the Charities SORP; makeiudgementsand estimates that a￿ reasonable and prI￿eTh¢ state whether applicable UK Accounting Stsndards have IEen followed ￿tyect kn any material deparhiresdisdo*d and explalned in the financial statements; and P￿Pare the linancÉal sta1eTn￿ts on the going Con￿mbaS15 unless it is inapprowiate to prwn* that the th￿lty will continue in business. The Truslees are responsible for kV￿g adequate accountÉn8 record5 which disclose with reasonable accuraLy at any time the firtancial position of the Society and to ￿￿ble them to ensure that the financtal statementscomplywth the CompaniesAct21NJ6.TheTrusteesaTe a]soresP)￿ble forSafe￿ing the assets vfthe charitable company and lor tsking teasonable steps forthe prevention and delectRon of fraud and other irregularities. ln so faT as the Trnstees awarv. There is no relevant inforn&tion ￿ which the charitable Independent Exami1￿ is unaware; and The Tnths have taken all steps that thry ought to have taken to make themselves awatt of any relevant inforThtioD and to establish that the ITrdepend￿t Examiner is aware of thatinfomuti¢)fL THE ABBEYFIELD CHESTER SOCIETY LIM INDEPENDENT EXAMINER'S REPORT YEAR ENDED 30 SEYfEMBER 2025 Limited I'the charity.) for theyear ended 30 wIem￿r2￿S. RESPONSIBILrriES AND BASIS OF REPORT As the trustees of the company land Jig) its ditectors for the purposes of tompany law) you are responsible foT thepTepaTation oftheknaal stalemeDts in accordan￿ with the ￿1r￿￿o£the CompaniesAct 21)06 I'the 2{￿￿ ACVI. Having satisfied my*lf that the accounts of the compny are not Tequired to ￿ audited undÈr Part 16 of th Act and are eligible (or independent examination, l Trport in resFct of my examithation of the charitys acci)unts as carried wt under seclion 145 of the Charities Art 2011 fthe 2011 ACVJ. In canyins out my examinatiffl I have followed the DI￿1]0n5 given by the ChaTity CoTnmi5Sion under 5eLtion 145(51(b) of the 2011 ACL INDEPENDENT EXAMINER'S STATEMENf I have comp]eted myexaminatlon. Iconfimi that nomatters have come to my attentton inconr*ction with the accounting teLDrds werenot keptin reSp￿tOf the eharity as required by section386 of the 2(M)6 ACL. or 2. the finan and nel movejnent in lunds 24,951 23J55 Unrestticted income f￿dS brousht £orward 720,339 696.784 un￿stri￿ed income funds carried forward 745,290 720,339 The staterrtent of financial activities includes all gains and losses recognised in the year. Ali incoDE and expenditure derive fm continuing ￿tivItieS. THE ABBEYFIELD CHESTER SOCIETY LIMITED STATEMENf OF FINANCIAL posrrioN YEAR ENDED 30 SEFfEMBER 2015 Notes 2024 FIXED ASSErs Tangible as*ts Tnvestmemts ,129 357,317 547J62 TOTAL FIXED ASSETS 74YA6 CURREF(r ASSEIS st(￿ks Debtors Cash on deposit io li 1,411 81,823 18.1 1.510 245,917 17,439 101,914 265.446 CREDITOK&. Am(Kmts falling due within one year 21,299 21,192 NET CURRENT ASSETS 80.615 244,254 TOTAL ASSETS LESS CURRENT LiABIL￿tEs l.(XJ6599 )1.700 CREDTfoRS: Amounts Eal]ing due after one year 14 (261XP) {2￿￿1) NEf ASSEts 7452g) 720B39 19 ¥120 44,120 Unrestricted income fund5 Revaluation reserve. Investments 31.766 6,427 Totsl un￿sti)cted funds 7452 720,Y39 745,2S¥I 720339 For the year]nqU￿￿oI￿ the tharitablec(¥mpany was entitled to exemption froman auditunder sertion4Trof the Companie5 Act 20(￿.The rnernbers have not required the charitAble company to obtain an audtt of its fiTwiaa] slatements for the year in que51ion in accordan￿ with sectton 476 of the ACL Tr T￿5￿5/dIrectOrS acknowledge their ￿P(*￿bilItieS for ctsmplying with the requirements of the Companies Act 2006 with respect to a¢cow]ting records and the preparation of finanaal slatemen behalf ol the Erf)ard by. P Col]ins Trustee CA Wild I'rustee Dato" ILL. 12 THE ABBEYFIELD CHFSTEK SOCIEfY LIMrrED STATEMENfoF CASH FLOWS YEAR ENDED 30 SEPTEMBER 2025 2024 Net Incon￿/(ex[￿"tUre) 24951 23,555 Adiustme*tsfvr.' Depreciation of tangible fixed a Net IgainsJ)Aosses on investrnents Dividends, interest and rents fTh>m inveStm￿ts Other interest receivable and similar income Amortisahon of grant Gain5 on disP05ai of tangtble fixed assets 17.272 129AS5) 111967) 1*)61 IiOAS11 r37,4691 (&8851 (3.4421 OJ)51} Trade and otherdebtors 107 1252 Cash generaknl from operatii)ns 110.950 3,9381 Net cash used in 0￿rating actiwties Iioh96) Dividends. intere5tand rents fNmi investments Purchase of taft￿ble assets Pur(kn ofother investsnents ProC£￿S from sale of other inve5tmfflts 12.967 (5.7&51 12048&51 49,090 137,T71) 21,373 Net cash (used in)/from investing activities I148￿76) Cl￿13> (J58MI) (18,(X191 Cash and cash equivalents at bewins of year Casb and cash equivalertts #tend of y 271679 290,6StI 114WJ An31ysis of cash and cashequivalents Cash at bank and in hand Cash on deposit Cash heid within investinent p)thlio 18.ItMI 8L823 14137 17,439 245,917 114059 2T1679 13 THE ABBEY￿LD CHESTER SOCI￿ LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 201 STATUS OF THE SOCIETY The &xiety is a resi5tered s(Jcia5 landlord resiSte￿d number HofAy8 with the Homes and Communitie5 AgeLW, a registered d￿rity number 233470, arld a company limited by guarantee having no share pitsl. Tr8iStered in England Dumber778105. Theaddzessofthe registered offi￿a$31￿￿'S ParkRoad, Handbridge, thester, CH4 7AD. BASIS OF PREPARATION OF THE ACCOUMS Statement of ¢ompllan These fiT￿￿￿al statements have been prepared in Complian￿ with FRS IOZ The Financial Reporbns Standard applicable in the UK and the Republic of Ireland., the StrdtenLent OE Recoll￿ended Practi app]icable to Ch￿ltieS prepaTins their accounts in accordan￿ with the Financial Reporting Standard pplicable in theilK and Republic of Ireland (FRS Iff2} {Tharities SORP (FRS l(r2)} and the awities Act 2011. The finanoal statements have been prepared on the historical c(6t as M￿lfi￿ by the revaluation finanoal statementsare prepared in ster]an& which is the functlonal currency of the entity. Going COn￿rn There are Mat￿la1 ur￿￿rtaInttes alx)ut the charity's ability to c(mtinue. Judgements attd key gourceg of estKmati•n uticei The p￿paratiOn VE the finanaal statements requires management to make judgemenls estimates and and are b&qed on experientr and other fartors indudins exE￿￿tionS of fututr events that are believed to ￿ reasonable under the (ir¢ulltsLYs. Managemertt do not believe there are any area5 of suth swificartce as to merit disd05U All Income is tncluded in the statement of firwicial activities wi*nentittementhas pa&*d to the charity, it is ptdyable that the econojnir I￿￿fIts a59xiaÈed with the traI￿CtiOn will tlow to the charity and the amount can be ￿liablY measured. Income mainly represents rental and service charge income which is re￿1￿ as it falls due and is stated net of losses arising from vacanaes and absences of £15,524 (2(Y24 £a)Trl}. All income arises in the UK The value OA services rendeftd by volunte￿5 is not reco8ni5ed in these accoun¢& Rewurce8 expended penditure is reCO￿lSed on an accrnals baBiS as a liability is incurred. Expenditure indudes any VAT which cannot be Eully recovere¢L and is classified under headings of the statementof fitwKial activities ts) pthith it relates. 14 THE ABBEYFIELD CHESTER SOCIETY LIMrrED NOTES TO THE FINANCIAL STATEMENrs YEAR ENDED 30 SEPTEMBER 2025 Governan￿ costs indude those inomed in the governan￿ of its asse The Lyjst of rcpairs and Maintenan￿ is charged to the ino)me and expenditure accounts as revenue re*rve and desisnated ￿serVeS. Tan￿ble r￿ed Assets, Deprecialion and Grants Ail fiyed a%sets aTr initially rethTraed atCOsL Thet<￿￿O(mInoraod1tsonst0fiXedas￿ as defined aSth￿C0St1￿8 lesSthan£l.¢￿}ettdKdreeXpen￿d in the year they are it)curred. EÈpTeoation iscatLillatrd so ￿ to write off the cost d an asrt less its estimated residual vajue, overthe usefvl eLY)nomic life of that assek as follow Freehold propety- 2% of cost Fixtures and fittings- o( reducing balaTh Computer equipJr*nt- 25% of cost S(Mial Flousins Gr&nls {"SHG? have been received in resE￿￿ of certain a￿t& These grants are belng amortised over the useful eCODomic lives of those assets. The W￿MOrtIsed amounts are shown as All grants are repayable iti ortain Circu￿tanLE5, primaiity following sale ()f a proFety. Howevcr, in wch aTcumstance* the amount repayable will often be restricted to the net pmceeits of sate. ¢alcu]ated as the d1tfeTeT￿betWe￿ the sale pr(Keeds. and their m2rket value atthe stsrt of the yea4 OT subsequent cosl a￿ ¢￿at￿ or d￿rged to the ￿FA in the year of gain or lo￿. Stocks Stocks are valued at the lower of cost and net realisable valu¢ after due allowan￿ for obsolete and slow movins ilem lttecoverable vat Irrecoverable vat is written off when the exFendItU￿ to which it relate5 Rs incurred and is recorded as part of that expendtture. Fun4ts The dwity has deSig￿*d fi￿dS which are Un￿stricted funds set aside by the Trustees for specific PUTP05es and which would otheTMW fonn part of the charitys Unrestricted ]rKoTh￿fL￿WIS. Financial in8tnuttentB A finanoal awt or a linanaal liability is reCO￿lsed only when the entity becomes a party to the m0untTec￿Vab1eQTpayabIe including anyTrlated transactton costsunless thearran8emtc0nsti￿teS 15 THE ABBEITrIELD CHESTER SOCIETY LIMITED NOTES TO THE FINANaAL STATEMENrs YEAR ENDED ￿ SEPTEMBER 2015 financing tral￿rtl0ry Whe￿ it ffts ￿Qgr￿Sed at the p￿SeTht Yaiueof the future payjwits diKounted at a rnarket rate of interÉ*Eor a similar debt insttUWWLt Current a&sets and current liabilities a￿ SUb54U£￿tIY measured At the eash or other considerntlon expected to be paid or reLEived and rtot discounted. GAINI(DEFICrn ON ORDKNARY AatVlThLS 20 D￿lcIt on ordinary acti￿tieS before taxation is arrived atafter dthrgins.. Depreciation Indep￿dentexam1nerf$ remul￿￿tio￿, indudingwat Accountaiicy 17,2n 16,748 5,Lf24 5.194 INVESTMENf INCOME 2024 DIVId￿d$ {re-investedl 11967 13,873 11327 Stth Deprec Diyert Other costs 2ff24 Totst ChaEitable adlTitI¢s Residents servi￿5 Covernance costs Jndependent Examination 121.953 17271 67,707 19,2(KJ 226.131 211A)01 6284 6394 121,953 17271 67,707 231415 217W5 EMPLOTrEE INFORMATION 21Y24 Wages and sojaries )cial se￿ntyC￿ts Pension costs 11£4( .3593 3.953 97,740 1256 121,953 16 THE ABBEIFIELD CHESTER SOCIETY LIM￿ED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025 ParticuIw of employees The average nUt￿￿r of staffempl(ryed by the d)arity durlng the financial y￿amoun1ed ttr. Housekw and ￿SiStants Full tirne Part time Part tirne Administrdtion NoemployL*iS paid more than £EII,¢JXI w year. TrUSTEE REMUNERATION No'l'ruslees Trceived remuneration duxAng the year. No Trustees received trdvelling and subsistence expenses during the year or the prior year, 2nd ¢)ne Trnstee r￿1ved re-kmbursement of other expenses duzins the year Carole Wild £1￿ (202Q. £IJI 17 THE ABBEYTIELD CHESTER SOCIETY LIMrrED NOTES TO THE F￿ANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025 TANGIBLE FIXED ASSETS Fixlyrn. fittings & Equipment Freehold pro Totsl COST At l October2024 Additiuns Disposals 114,255 5.7(x% 5.765 AI 30 Sepiember21Y25 693,438 120,019 813,458 DEPRECIATION At l Ortober W24 Charge for the year liM￿￿ted on dispc6al 315,g)7 13599 101.257 3,673 417.564 17,271 At&) Wber 211Z5 329.506 104,93(b 434,835 NET BOOK VALUE At 30 September 21LS 363.932 14.6 378,622 At 30 Seplember21Y24 377531 12,597 ).U9 FIXED ASSEf INVESTMENTS 2024 Fjxed asset investments UK Quoted investments at market value Cash held as part of investrnent 533225 14,137 347.994 9J23 547J62 357,317 Market value at l (ktober2024 Disposal value Acquisilions at Un￿a]ISed Fain l Qoss) 347.995 (47,057) 204.864 27,423 294.J27 (20.032) 37,772 36,128 Marketvalue at 30 Stptember 201 533.225 347995 Hisknical Lwt at30 septsmber2￿ 501.460 341.568 18 THE ABBEYTIELD CHESTER soaETY UMITED NOTES TO THE FINANCIAL STATEMENrs EAR ENDED 30 SEFTEMBER 2025 10. STOCKS Stock of consumables IL DEBTORS: Amounts faUin8 due within one year 20 21Y24 Othèrdebtors 1,411 IZ CURRENT Ass￿ INVFSTMEf+Tf5 Cash on deFM)Sit 8￿13 24917 13. CREDrroR&. Ajnounls fallins due irithin ¢)ne year tklerTrd grant income AcLTuals 10.051 11248 10.051 IL141 21.299 21.IW2 11 CREDTTOR&. Amounts falling due aft￿one year 261J09 Z71Ji 19 THE ABBEYFIELD CHESTER socIErY LIMITED N(yfES TO THE FINANCIAL STATEME YEAR ENDED 30 SEFTEMBER 2025 15. DEFERRED GRANT INCOME At J October 2024 Released to Income in the yeaT 281,412 {10.0511 291.463 (10,0511 At 30 ￿te￿2(Y25 271361 28L412 2015 2024 10,051 261,￿) 10,051 271361 Amounts to ￿ released after year 271,361 281.412 16. LINItTED BY GUARANTEE The &Kiety isa company limit￿ by guarantee and a(￿ nothave a share capital. Theliabllity ol each member&slimi*d by8uarantee to contrilyuteto the assets of thecompany, in the event of the company being wound up wbilst they mernbers suth amount not exLEeding one pound. The nUM￿r ofts*ml*ts at theyear￿d was five. 17. RELATED PARTY During the year the charity obtained selv1￿ from S Wild in the sum of £L515 (2024: £5 947) and M Wild in the 5urn of £687 IW24.. £YJO). These inth"vidua15 are d05e family memkn of Carole Wi](L a trustee. These ￿l¢eS were at normalprice. 18. ANALYSIS OF CHANGE ￿ NEf DEBT Ati Od 2024 A130 Sept 2025 Cash flows Unresknicled funds 2&3, 63,a31 99,923 on dewtsiL 20 THE ABBEYTIELD CHESITR SOCIEfY LIMrrED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEFfEMBER 2025 19. UNRESTRtCIED FUNDS Bahttce at 30 Septejnber l O(lober 2024 InLxbmtDg OutSOiDg Itojgesl Transter Unrestrrttrd desigftat￿ fiJnd$ Future capital expenditure Future o￿lOr repairs 9.120 9,120 35￿ Unrestrirted. des18na￿d Unrestticted income. genèral fund RevaluatÈon Teserve. Investments 44.120 669.792 4£iX) 669.404 229.9 232A15 27,423 125J39) 25J39 31766 720,&39 7&5,290 Reserye lOrFU￿ Capital Expenditure This reserve is set aside to that the kniety has sufficientfunds to pay forfi￿￿ upgrddÈngto current housingstrKkand additiL)ns. Reservt Future MajozRepaits This Eeserve has EEen ￿t aside to provide for future major repairsto the S(Kiety'5 PEoperty. This reserve is theamount of s￿￿[US less deficiency Sin￿ i￿OrPoratio1L Revaluation te8en*-investments This is the differeft￿between the historical cost of the investments and the market value. 20. ANALYSIS OF NET ASSETS IN iJNRESTIUCTED FUNDS Othet Tansible Net assets I Fixed asg*ts Invethents Oiabilttle8 Tot 378,622 {18A),6941 745,290 21 THE ABBEYTIELD CHESTER SOCIETY LIMITED D￿AllLED ￿COmE AND EXPENDrruRE ACCOUNT YEAR ENDED 30 SEPTEMBER 2025 The following pages do not forrn partof the statutory firwicial slaternents Iwhith are siJbFrt oEthe Independent exami￿$ reporton page 10. THE ABBEYFIELD CHESTER SOCIEfY LIMrrED DETAILED INCOME AND EXPENDfnJRE ACCOUNT YEAR ENDED 30 SEFfEMBER 2025 2(r24 lTrcome frwn residential ch Potential residentiat incon losses arising Irom vacancies etG 219591 (15.524) 211,488 (30,8911 Income re￿Ve￿ 180J97 Expettditure Htsusehold expenditu￿. Staff costs Food 97,477 14,406 4.185 71.980 14.446 3,028 20.733 Agency deaner5 116,068 110.187 19,790 6,744 13.891 7,980 Alarm r￿ts1 and n￿￿nIeThan 26.535 21,871 Rates and water tharges Li￿t and hffdt De￿ation of fittings and eqllipn￿t Depreci4tson of buildings Telephone and TV 5541 15.273 3.673 13J99 1,601 4.562 9J21 3.149 13.599 1.421 39,687 32,052 164,110 StafÉ costs Adyerknsing Insuran 24.642 4.¢K)5 3,915 1,914 27.016 6,830 3,552 1055 Fire sutvey and other fees Affiliatiun fee5 Independentexamination and AccountarKy fees Investment charses 4,431 6284 2377 4,962 6J94 1476 50.125 53285 Total expendlture 232.415 217J95 Deficit carried for4vard (28,347) (36.7981 23 THE ABBEYFIELD CHESTER SOCIETY LIMrrED DEfAILED INCOME AND EXPENDITURE ACCOUNT I￿AR ENDED 30 SEFfEMBER W25 Defiat brought forward (28,347) {36,6851 Donatlons. genero1 20 Operating deEicit (28272) 136178) Bank interest Dividend5 (re-invested) Amortisation of Social Housing Crant 12,967 10,051 (157) 10,051 23J67 Gain/{defiat) for yeaT before investment gains/O¢)sses) (4505} (13,914) Realised gallVO¢)ss) on investments 2.033 ,341 Gainl{defiat) for Yearbefo￿￿nEea￿ gain on investsnents, as per Income & Expenditure Account 12.472) (12573) Unreali*d 8ainl(toss) on investments 27.423 36,128 Net2ncome for yea4 as perSOFA 24,951 23.555 Unrestrictal incosr£ funds brought forward 720J39 696.784 Unresti7c￿ income funds carried forward 74529) 720J39 24