REGISTERED COMPANY NUMBER: 00843675 (England and Wales}
REGISTERED CHARITY NUMBER: 243592
THE ABBEYFIELD LEIGH SOCIETY LIMITED
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2024

THE ABBEYFIELD LEIGH SOCIETY LIMJTED
CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2024
Page
Reference and Administrative Details
Trustees, Report
Statement of Trusl¢es' Responsibilitles
Report of the Independ¢nt Auditors
Statement of Financial Activities
Balance Sheet
io
Note5 to the Financial Statements

THE ABBEYFIELD LEIGH SOCIETY LIMJTED
REFERENCE AND ADMIIYISTRATIVE DETAILS
for the year ended 5 April 2024
TRUSTEES
Edna Ashcroft (Director)
Francis Rothwell M.B.E D¢c'd (Director} (deceased 21.10.23)
Glynn Squir¢s (Director appointed l.12.24)
Melvyn Roihwell (Director) (deceased I l.10.24)
Margaret Bullough (Director appointed 1.12.24)
Stephen Donlan {Dir¢ctor appointed l.12.24)
Audrey Bent {Dir¢¢lor appointed 1.12.24)
Len Speakn]an {Dir¢ctor appointed 1.12.24)
COMPANY SECRETAR Y
John Fran¢¢
REGISTERED OFFICE
Unli 2
Beswick House
Green Fold Way
Leigh
Lancashire
WN7 3XJ
PRINCIPAL ADDRESS
Abbeyfield House
57-61 Bond Street
Leigh
Lan¢ashir¢
WN7 IBT
REGISTERED cO￿1PANy
Nu￿lBER
00843675 (England and Wales)
REGISTERED CHARITY
NUMBER
243592
INDEPENDENT AUDITORS
Hayes & Co
Chartered Accountants
Ststulory Audilors
Si.Andrews House
I l Dalion Coutt, Commcrcial Road,
Blackburn Inlerchangc
D3rw¢n
Lancashire
BB3 ODG
BANKERS
HSBC Bank
71 Bradshawgate
Leigh
Lancashire
WN7 4NE
Page I

THE ABBEYFIELD LEIGH SOCIETY LIMITED
TRUSTEES, REPORT
for the year ended S April 2024
The trnst¢es present their annual report, which also contains the requirem¢nts of a direcloV5 report und¢r the Companies
Act 2006, and accounts for the year ended 5 April 2024.
Relevanl administrative inforniatTon is included separately at the front of these accounts.
OBJECTIVES AYA D ACTIVITIES
Thc Charity r¢vi¢w ils 3ims, obj¢ciives and aclivities each year to help ensure ils focu5 on its slated purposes. The tTUStees
hav¢ r¢f¢rr¢d lo th¢ guidance ¢onlained in the Charity Commission's general guidance on public benefit when reviewing
the charity's aims, objectives and in planning its future aims.
The charity's objectives are to provide residential accommodation lo the elderly in accordance wilh the principles of the
Abbeyfield Soctety, in T¢sp¢cI of which il is an affiliated member.
The aims of the Abbeyfield Society are to make older people's lives exsier and more fulfilling. Since 1956 Abbeyfi¢ld
volunteers have worked iirelessly lo provide housing, support and companionship lo older people in th¢ir local
communities.
Abbeyfield residents enjoy Itfe all the more because they know the people who their societies are dedicated volunteers
who are doing this demanding work because they want lo.
Consid¢rabl¢ importanc¢ is placed upon the provision of quality accomodation for the residenls and house-keepers.
Th¢ condition of the properti¢s is under constant r¢view and various improvements have been undertaken during the year.
Fire and healih and safety regulalions are monitored by the executive off)cer and it is the charity's policy to give prioriry
to any improvements considered necessary. Any alterations are always treated wiib importance and granted a first charge
on the charity's funds.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding whal activilies the charity
should undertake.
ACHIEVEMENT AND PERFORMANCE
During the year vacancies amounted to soine 259 weeks due 10 the residents moving out due to their deteriorating health-
74 % ulilisation of accommodation was achieved.
The Society reports a SUTplus of £44,844 for the year under r¢vi¢w (2023.. £22.48]). Income from the provision of
accommodation has iisen in the year to £265,869 from £264.370 in 2023. R¢pairs have d¢¢reased to £27,931 from £31,120
due lo the property being refurbished and re-decorated.
FINANCIAL REVIEW
The Society's reserves stand at £1,178,438 of which £840,261 is held in cash.
It is the policy of th¢ chariry rhal unresiricted funds which have noi been desTgnated for a specific use should be maintained
al a l¢vcl equivalcnt lo bctw¢¢n thr¢¢ and six monihs cxp¢nditure. The Irusiees consider that reserves al this level will
¢nsur¢ that, in th¢ event of a significant drop in funding, th¢y will be able 10 continue the charity's current activities while
considcralion is giv¢n lo ways in which 2ddilional ￿ftds may be raised. This Icvcl of reservcs has been maintained
Ihroughout the year.
The tn15tees have assessed the major Tisks lo which the charity is exposed. and are satisfied that systems are in place to
mitigate exposure to such risks.
PLANS FOR FUTURE PERIODS
There are in forcc schedules of repairs and re-decorations which are being complied with.
Page 2

THE ABBEYFIELD LEIGH SOCIETY LIMITED
TRUSTEES, REPORT
for the year ended 5 AprRI 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is a company limited by guarantee and was incoryorated on 31 March 1965. The company was established
under a Memorandum of Association which established the objects and powers of the charitable company and is governed
under its Articles of Association.
The trnstees, three of whom were also directors for the puTrose of company law, who served during the year were..
Edna Ashcroft (Director}
Francis Rothwell M.B.E (Director) (deceased 21.10.23)
Glynn Squires
M¢lvyn Rothwell (Director)
Margar¢l Bullough
Stephen Donlan
Audrey Bent
Len Speaknian
On l December 2024 the remaining trust¢¢s were appointed directors.
The trnslees are re-appointed at Ib¢ annual general meeting on a 113 rota basis. New trustees are welcome and any
interested party should apply to the secretsry or any existing trnstee. The society has in force a detailed induction 5ch¢dule
and agreement for new trustees- there is a liaison officer who is the person on the executive commttt¢e whose duty it is
to ensure that the new trustees complete the induction schedule and agreement, the recruitrnent fomi, the request for
reference forni, and lo ensure that they are made aware of the complaints procedure and the procedures lo be followed in
the event of assistance being required to deal with and emergency situation.
The trustees delegate the day to day management of tbe accommodation facilitxes to John France, company secretary and
executive officer.
Non¢ of the trustees has any b¢n¢ficial interest in the company.
AUDITORS
A resolution proposing that Hayes & Co, be reappoinled as audilors of the company will be put to the members.
Disclosure of information to Auditor
Each of ihe trustees has confirnied that there is no infonnalion of which they are aware which is relevant to the audit, but
of which the auditor is unaware. They hav¢ fi]rther confimied that they have taken appropriate steps to identify such
relevant inforn)ation and to establish thai ihe auditor is aware of sucb inforntstion.
This report has been pr¢par¢d in accordance with the special provision relating to small companies within Part 15 of the
Companies Acl 21)06.
Approved by order of the board of trustees on
and signed on its behalf by..
Ste
en Donlan - T
Page 3

THE ABBEYFIELD LEIGH SOCIETY LIMITED
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the year ended 5 Aprll 2024
The trustees, all of whom are also direclors of The Abbeyfield Leigh Society Limited for the purpose of Company law,
are responsible for preparing the Trustees, Report and the accounts in 2¢COTdance with applicable law and United
KI￿gdOM Accounting Stsndards (United Kingdorn Generally Accepted Accounting Practice).
Company law requires ihe trnstees to prepare accounts for each financial year whi¢h give a true and faiT view of the stale
of affairs of the charity and of ihe incoming resources and application of resources. including the income and expenditure.
of the Charitsble company for that y¢ar.
In preparing these accounts, the trustees are r¢quired to:
select suitabl¢ accounting policies and then apply them consislently.
- observe the methods and principles in the Charities SORTr.
make judgements and estimates that are reasonable and p￿dent. and
prepare the accounts on the going concern basis unless it's appropriate to presume that the charity will conlinue in
operation.
The trustees ar¢ responsible for keeping proper accounting records that disclose with reasonable accuracy at Any time the
financial position of the charity and enable them to ensure that the accounts comply with Ibe Companies Act 2006. They
are also responsible for safeguaTding the assets of ihe charity and hence for tsking reasonable steps for the prevention and
detection of fraud and other irregularities.
Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE ABBEYFIELD LEIGH SOCIETY LIMITED
Opinion
We have audited the financial staiements of The Abbeyfield Leigh Society Limlled (Ihe'charitable company,) for the yeaT
ended 5 April 2024 which comprise the Statement of Financial Activities, Ihc Balance Sh¢¢l and notes to the financial
statemenls, including a sun]mary of significant accounting policies. The financial reporting framework thal has been
applied in Iheir preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial stat¢ni¢nts'.
give a irue and fair view of the state of the charitable company's affairs as at 5 April 2024 and of its incoming resources
and application of r¢sources, including its income and expenditure, for the year then ended,.
hav¢ been propcrly pr¢pared in accordance with United Kingdom Generally Accepted Accounting Pra¢ticc' and
hav¢ becn preparcd in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We ¢onducl¢d our audit in accordance wilh International Standards on Auditing (UK) (ISAS (UK)) and 8pplicabl¢ law.
Our responsibiliti¢s under those standards are thrth¢r described in the Auditor5, responsibilities for the audit of the
financial statements section of our report. We hr¢ independent of the charitable company in accordance with ihe ethical
requirements that are relevant to our audit of th¢ financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibiliii¢s in accordance with these requirements. W¢ believe that the audit
evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going ¢oncern
In auditing Ihe financial slatemenls, we have concluded that the trustees, use of the going concern basis of accounting in
the prepaTation of the financial statements is appropriate.
Based on the work we have perfornied, w¢ have nol identified any material unc¢rt2inti¢s relating to events OT condition5
that, individually or collectively, may cast stgnificant doubt on the charitable Company's ability to continue as a going
concern for a period of al least twelve months from when the financial statements are authorised for issue.
Our Tesponsibililies And th¢ responsibilities of the trustees with resp¢ct lo going conc¢m are described in the relevant
sections of this report.
Other information
Th¢ lrnstees are r¢sponsible foi the other inforniaiion. The other infonnation comprises the infomiation includ¢d in th¢
Annual Report, other than the ftnancial statcmenls and our Report of the Independent Auditors thereon.
Our opinion on the financial staternents does nol cover Ilic other information and. except lo tlie cxtent othenvise explicitly
stated in our report, we do not express any forn] of assuran¢¢ conclusion thereon.
In connection wilh our audit of the financial statements, our responsibility is to rcad the other infonnation and, in doing
so, ¢onsider whether the oiher infomiation is materially inconsistenl with the financial st21emenls or our knowledge
obtained in ihe audit or oiherwise app¢ars to be materially misstated. If we ideniify such material inconstslencies or
apparent material misstatements, we are r¢quired to determine whether this gives rise to a material misstatement in Ihe
financial slalements themselves. If, based on the work we have perfonned, we ¢on¢lud¢ thal there is a material
misstatemenl of this other infonnation, we are required io report that fact. W¢ have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Aci 2006
In our opinion, based on the work undertaken in the course of the audit..
the inforniation given in the Trustees, Report which includes the Dir¢¢lors' Report for the purposes of company law for
the financial y¢kr for which the financial stalemcnls arc pr¢parcd is consistent with the financial statements. and
the Directors, Report included within the Trust¢cs' Report has been prepared in accordance with applicable legal
requirements.
Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE ABBEYFIELD LEIGH SOCIETY LIMITED
Matters on Ivhich we are required to report by exception
In the light of Ihe knowledge and understanding of the charitabl¢ company and its environment obtained in the Course of
the audit, we have not identifled material misstatements in the Truste¢s' Report.
We hav¢ nothing to report in respect of the following matters where the Companies Act 21)06 requires us to report to you
if, in our opinion..
adequate accounting records have not been kept or returns adequale for our audit hav¢ not b¢¢n received from branches
not visited by us. or
the financial stalemenls are not in agreement with the accounting records and returns; or
certain disclosures of trnstees, r¢muneralion specified by law are not made- or
we have not received all the infornjalion and explanations we require for our audit,. or
the Irustees were not ¢ntiiled to lake advantage of ihe small companies exemption from the requirement to prepare a
Stralegic Reporl or in preparing the tNstees' R¢port.
Responsibilities of trustees
As explained more fully in the Statemenl of Trustees. Responsibililies, th¢ trustees (who ar¢ also th¢ dir¢¢tors of the
charitable coinpany for the purposes of company law) are responsible for the preparation of the financi21 statem¢nts and
for b¢ing 5ali5fied that ihey give a true and fair view, and for such internal control as th¢ trustees det¢miine is necessary
lo ¢nable the preparation of financial statements thal are free from material misststement, whether du¢ to fraiid or error.
In preparing the financial slal¢ments, th¢ tNsl¢es are responsible for assessing the charitable company's ability to continue
as a going concern, disclosing, as appli¢abl¢, matters related lo going concern and using the going concern basis of
accounting unless the trnstees either intend lo liquidate the charitable cornpany or lo cease operalions, or have no realislic
alternative but to do so.
Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE ABBEYFIELD LEIGH SOCIETY LIMITED
Our responsibilitie5 for the audit of the financial Statements
Our objectives are to obtatn reasonabl¢ assurancc about whether the fmancial statements as a whole are free from material
misstatement, whether due to fraud or error. and to issue a Report of the Indep¢ndenl Auditors that include5 our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee ihat an audit conducied in accordance with ISAS
(UK) will always detecl a malerial misslatement when it exists. Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to influ¢nc¢ the economic
decisions of useTS taken on the basis of these financial statements.
The exlenl to which our procedures are capable of detecting irregularities, including fraud is detailed below..
Irregularili¢s. including fraud, are instances of non compliance with laws and regulations. We design procedures in lin¢
with our responsibilities, outlined above, lo detect material misslhl¢menls in respect of irregularities. including fraud. The
extent to which our procedures are capable of detecling irr¢gulariti¢s, including fraud, is detailed below.
Based on our understanding olihc coinpany and seclor, we identified th¢ principal risks of non-compliance with laws and
regulalions related to, bul were not limited to, Ihe Companies Act 2006, emplo)Tnent, pension, health and safety
legislation, the Housing and R¢generation Aci 2008 and the Accounting Direction for private registered providers for
social housing in England 2019 and we considered the extent to which non-coinpliance might have a malerial effect on
the financial statements. We also COT)sidered those laws and regulations that have a direct impact on the preparation of
the financial statements as the Conipanies Act 2006.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements
(including the risk of override of controls) and d¢i¢rniined that the principal risks w¢re r¢lat¢d to management bias in
ac¢ountTng estimates and judgements.
Our procedures to respond to risks identified includ¢d the following-
revi¢wing the financial sthtement disclosures and t¢sting lo supporting documentation to assess compliance with
provisions of rcl¢vanl law5 and regulations described as having a direct effect on ihe financial statements.
¢nquirtng of managemenl about actual and potential liligaiion and claims, their policies and procedures to pr¢venl and
d¢t¢ct fraud as well as whether they have knowledge of any actual. suspecled or alleged fraud-
perforniing analytical procedures to identify any unusual or unexpect¢d relationsliips that may indicate risks of material
misstal¢m¢nl du¢ lo fraud.
reading minul¢s of m¢¢tings of those charged with governanc¢'
obtaining an understanding of provision5 and holding discussions with management to understand the basis of
recognition or non-r¢¢ognition of provisions,. and
in addrcssing the risk of fraud through Inanagement override of controls. testing the appropriateness of journal entries.
assessing whether the accounting eslimatcs, judgements and decisions made by management are indicative of a potential
bias. and evaluating ihe business rationale of any significant that are unusual or outside the norn]al Course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members
and remained alen to any indications of fraud or non-compliance with laws and regulations throughout the audil.
Th¢re are inherent liinitations in our audit procedures dcscribed above. The more removed tliat laws and r¢gulations Are
from financial transactions, the less likely it is that w¢ would become aware of non-compliance. Auditing standards also
limit the audit procedures required lo identify non-compliance with laws and regulalions to enquiry of the dir¢¢tors and
other management and the inspection of regularity and l¢gal correspondence, if any. Material misslal¢m¢nts that arise due
to fraud can be harder to delect than those thal arise from ¢rror as they may involve deliberate concealment or collusion.
A ￿rther description of our responsibililie5 for ihe audit of the financial statements is located on the Financial Reporting
Council'5 website at www.frc.org.uk/auditorsresponsibilAties. This description forn]s part of our Report of the Independent
Auditors.
Page 7

REPORT OF THE INDEPENDENT AUDJTORS TO THE MEMBERS OF
THE ABBEYFIELD LEIGH SOCIETY LIMITED
Use of our report
This report is made solely to the charitable cornpany's members, as a body, in accordance with Chapt¢r 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable company's members
those matters we are required to slate to then) in an auditors, report and for no other pury)ose. To the fullest extent pennitted
by law, we do not accept or assume responsibility lo anyon¢ other than the charitable company and the charilable
company's members as a body, for our audit work, for this report, or for the opinions we have fornied.
A N Toiham (Senior Statutory Audiior)
for and on behalf of Hayes & Co
Chart¢r¢d Accountants
Statutory Auditors
St.Andrews House
I l Dalton Court, Commercial Road.
Blackburn Interchange
Darwen
Lancashtre
BB3 ODG
Date:
Pag¢ 8

THE ABBEYFIELD LEIGH SOCIETY LIMITED
STA TEMENT OF FINANCIAL ACTIVITIES
NCORPORA TING AN INCOME AND EXPENDITURE ACCOUN7)
for the year ended 5 April 2024
2024
2023
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
550
570
Incoming resources from charitable activities
Jnvestmenl income
265,869
17.752
264.370
6.114
Totol
284,171
271,054
EXPENDITURE ON
Cbarit2ble activities
Administrative expenses
247.673
244.666
Net gains1(losses) on investments
8,346
NET INCOME
44.844
22.481
RECONCILIATION OF FUNDS
Total funds brougbi fonvard
1,133,594
I,IlJ,113
TOTAL FUNDS CARRIED FORWARD
1,178.438
1,133.594
COIYTINUING OPERA TIONS
All incom¢ and expettditure has arisen from conlinuing activities.
The slat¢m¢nl of fmancial activities includes all gains and losses recognised An the year.
The slatemenl of financial activities also complies with the requirements for an incom¢ and expenditure account under
the Companies Act 2006.
The notes forni part of these financial Statements
Page 9

THE ABBEYFIELD LEJGH SOCIETY LIMITED
BALANCE SHEET
5 April 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
14
146,754
163,132
CURRENT ASSETS
Debtors
Investment5
Cash at bank and in hand
22.045
197,340
840.261
12,638
188,994
799711
16
1,059.646
,001,343
CREDITORS
Amounts falling due within one year
(25,521)
{28,440)
NET CURRENT ASSETS
1,034,125
972,903
TOTAL ASSETS LESS CURRENT
LIABILITIES
.180.879
1,136.035
CREDJTORS
Amounts falling due after more than one yeaT
18
(2,441)
(2.441)
NET ASSETS
,178,438
1,133,594
FUNDS
Unrestrict¢d funds
1,178.438
1,133,594
TOTAL FUNDS
1,178438
1.133.594
These financial statements have been prepared in accordance with the provisions applicable to charitsble companies
subject to the small companies regime.
The financial statements were approved by the Board of Tn￿teeS and authorised for issu¢ on ...............
and w¢re signed on its behalf by..
Stephen Donlan-
The notes fomi part of these financial statements
Page 10

THE ABBEYFIELD LEIGH SOCIETY LIMITED
IYOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2024
CHAIUTY INFORMATION
The Abb¢yfA¢ld L¢igh Society Limited is a private company limited by giiarantee incorporated in England and
Wales. Th¢ r¢gist¢r¢d office is Suite 2. Beswick House, Gr¢enfold Way, Leigh. Lancashire. WN7 3XJ.
ACCOUNTING POLICIES
Basis of preparation
The f￿anCIal slalemen15 of the charitable company, which is a public benefit entity under FRS 102. have been
Prepared in accordance with the Charilie5 SORP (FRS 102) 'Accounting and Reporting by Charities.. St3teTn¢nl
of Recommended Practice applicable lo charities preparing their accounts ID accordance with the Financial
Reporttng Siandard applicable in the UK and Rcpublic of Ireland (FRS 102) (effective l January 2019),. Ftnancial
Reporting Standard 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland, and the
Companies Act 2006.
The charity has taken advantage of the provisions in the SORP for chariti¢s applying FRS 102 Update Bulletin I
not lo prepare a Statement of C3sh Flows.The financtal statements are prepared in stcrling, which is the functional
cu￿enCY of the charity. Monetary amounts in these financial st2t¢m¢nts ar¢ round¢d to the nearest £.The financial
statements have been prepared under the historical cost convention, modified lo include certain financial
instruments ai fair value. The principal accounting policies adopted are s¢t out below.
In¢ome
Income froni the provision of housing accomodation provided by the soci¢ty is r¢¢ognised when the charity is
l¢gally ¢nliiled lo it after any p¢rforn]anc¢ conditions have been met, the amounts can be measured reliably, and
it is probable that th¢ incom¢ will b¢ r¢¢¢ived.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been nolified of the
donation, unless perfonnance condilions require deferral of the amount. Income lax recoverable in relation to
donations received under Gtft Aids or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othenvise if the charity has been notified of an impending distribution, the
amount is known, and the receipt is expected. If the amount is not known, the legacy is treated as a ¢onling¢nt
asset.
Expenditure
All expenditure is accounted for on an accruals basis and has bccn Classified under headings thal 2ggr¢gat¢ all
cosls related lo the category. Where costs cannot be dircclly attribuicd lo particular hcadings they hav¢ b¢¢n
allocated to activities on a basis consislenl with the us¢ of resources.
Tangible fixed assets
Tangible fixed assets are inttially measured at cost and subsequently measur¢d al cosl, net of depreciation and any
impaimient losses.
D¢preciation is recogntsed so as to write off the cost of assets less their residual values over their useful lives on
the following bases..
Freehold buildings
Leasehold property
Fixtures. fittings & equipment
5010 on cost per annum
50/0 on cost per annum
251J/o reducing balance basis p¢r annum
The gain or loss arising on the disposal of an asset is detemiined as the diff¢r¢nce betwcen th¢ sale procecds and
Ihe carrying value of the asset, and is recognised in net income /{exp¢nditur¢) for the year.
Impairment of rued assets
At each Teporting end dat¢, the charity r¢views the carrying amounts of its tangible assets to deterniine whether
Ihere is an indication that thos¢ assets have suffered an impainnent loss. If any such indication exists, the
recoverable arnount of th¢ asscl is ¢slimated in order to detern]ine the exlenl of thc impaÉrn]ent105s (if any).
Taxation
The charity is exempt from corporation tax on ils charitable activities.
Page 11
continued...

THE ABBEYFIELD LEIGH SOCIETY LIMITED
OTES TO THE FINANCIAL STATEMENTS- continued
for the year ended 5 April 2024
ACCOUNTING POLICIES- continued
Charitable funds
Unrestricted funds are available for use at the discretion of ihe trustees in furtherance of their charitable objectives.
Reslricted funds are subject to specific conditions by donors as to how they may be used. The pU￿oseS and uses
of restricted funds are set out in ihe notes to the financial slalement5.
Retirement benefits
P2ymenls lo defined contribution relir¢m¢nl benefit schemes are charged as an expense as they fall due.
Going CoDcern
Ai the time of approving the financial statements, the trustees have a reasonabl¢ ¢xpectation that the charity has
adequate resources lo continue in operational existence for the foreseeable ￿tur¢. Thus the I￿SteeS continue lo
adopl the going concern of accounling in preparing the financial statements.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held al call with banks, other short lenn liquid
investments with origin31 maturities of three months or less, and bank overdrafts.Bank overdrafts are shown within
borrowings in ¢urr¢ni liabilities.
Fin2n¢iAI inslruments
Th¢ charity has ¢l¢cled lo apply the provisions of Section I I 'Basi¢ Financial InstTuments' xnd Section 12 '0ther
Fin2n¢ial InstNmenls Issu¢s' of FRS 102 10 all of its financial instruments.
Financial inslrumenls are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the Instrument.
Financial assets and liabilities are offsel, with the nel amounts presented in the financial statemenls. when there is
a legally enforceablc right to set off the rccognised amounts and there 15 an intention to settle on a net basis or to
rexlise the asset and settle the liability siinultaneously.
Basic financial assets
Basic financial assets. which include d¢btors and cash and bank balances, are inilially mcasured at transa¢lton
price including transaction costs aDd are subsequently carried at amortised cost Using the effective inlercsl m¢ihod
unless Ihe arrangement constitutes a financing transaction, where the transaction measured at th¢ pr¢s¢nt value of
the future receipts discounted al a market rale of interest. Financial assets classifi¢d as receivable within one year
are not amortised.
Derecognition of flnancial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are
settl¢d, or when ihc charity transfers the financial asset and subsequenily all the risks and rewards of ownership
to anoiher ¢Dlity. or if som¢ significant risks and rewards of owncrship are relained but control of the asset has
transf¢rr¢d to anoih¢r party that is abl¢ lo scll Ihc asset tn ils ¢nlir¢ty to an unrelatcd third party.
Basic financial liabilities
Basic financial liabtlities, including creditors and bank loans are initially r¢¢ognised at transaction price unless
the arrangement constitules a fmancing transaction, where the debi instrument is measured at the present value of
the future paymenls discounled at a market Tate of interest. Financial liabilities classified as payabl¢ within one
year are not amortised.
Debt in5trnments are subsequently carried al amortised c05t, Using ihe effective interest rate method.
Trade creditors arc obligations to pay for goods OT services that have been acquired in the ordinary Course of
operations from suppli¢is. Amounts payabl¢ are classified as ¢urr¢nl liabilities if payment is duc within one y¢ar
or less. If nol, they ar¢ presented as non-¢urrenl liabllities. Tradc credttors are recognis¢d iniiially at transaction
price and subsequ¢ntly measured at amotis¢d Cost using the effective tnterest method.
Page 12
continued...

THE ABBEYFIELD LEIGH SOCIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- Continued
for the year ended 5 April 2024
ACCOUNTING POLICIES - continued
Dere¢ognition of financial liabilities
Financial li2bilities are d¢r¢¢ognised when th¢ charity's contractual obligations ¢xpir¢ or are discharged or
cancell¢d.
Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to
terniinale the employment of an employee or lo provid¢ tennination benefits.
Investments
Current assel investmenls are included at closing midmarket value at the balance sheel dale. Any gain or loss on
revalualion is taken to Ihe Statement of Financial Activities.
CRITICAL ACCOUNTIIYG ESTIMATES AND JUDGEMENTS
In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and
assumptions about the carying amount of assets and liabilities that ar¢ not readily appxrent from other sources.
The estimates and associated assurnptions are based on historical experience and oiher factors Ibal are considered
to be relcvanl. Actual rcsults may differ from thes¢ esiitnates.
The ¢slimat¢s and underlying assumptlons are rcvAew¢d on an ongoing basis. Revisions to accounting estimates
are r¢cognis¢d An the pertod in which the estimate is is r¢vis¢d wher¢ th¢ revision affects onEy that period, or in
the p¢riod of the revision and ￿tUre periods where the r¢vision affects both curr¢nl and future periods. No critical
accounting estimates or judg¢menls have been mad¢ by the trnslees in preparing these financial stal¢menls.
DONATIONS AND LEGACIES
2024
2023
Donations
550
570
INCOMIIYG RESOURCES FROM CHAIUTABLE ACTIVITIES
2024
2023
Provision of ac¢omodalion
265.869
264,370
INVESTMENT INCOME
2024
2023
Deposit account inter¢sl
17,752
6.114
Page 13
continued...

THE ABBEYFIELD LEIGH SOCIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024
CHAIUTABLE ACTIVITIES COSTS
Support
costs (see
note 8)
Administrative expenses
247.673
SUPPORT COSTS
Governance
costs
Adniinistrative expense5
247,673
Support Costs, included in the abov¢, ar¢ as follows..
Governance costs
2024
2023
Total
activities
Administrative
expenses
Wages
Social security
Pensions
Auditors, remuneration
Rates And water
Insurance
Light and heal
Telephone
Postage and stationery
Sundries
Accountancy
Legal and professional fees
Advertising
Subscriptions
Repairs and mainienance
Housekeeping
Bank Charges
Bad debts
Francis Rothwell tribute
Depreciation of tangible fixed assets
122,670
5,378
.680
4,260
7,982
1.676
10,417
1,543
109,665
3,398
1,464
4.020
8,006
3,841
15,919
1,086
78
2,582
9,192
467
995
6,349
31,120
29,171
212
1.124
9,480
432
1,495
4,901
27,931
28,620
208
1,496
850
16,251
16,380
247,673
244.666
Page 14
continued..

THE ABBEYFIELD LEIGH SOCIETY LIMITED
INOTES TO THE FINANCIAL STATEMENTS- Continued
for the year ended 5 April 2024
NET INCOMEI(EXPENDITURE)
Net incom¢l{expenditure) is slated after charging/(¢r¢diting)'.
2024
2023
Depreciation - owned ass¢ls
16,378
16,251
io.
AUDITORS, REMUNERATION
2024
2023
Fees payabl¢ lo th¢ charity's auditors for the audit of the charity's fTnaTJcial
statements
4,260
4,020
TRUSTEES, REMUNERATION AND BENEFITS
None of the trnslees (or any persons connected with them) received any remun¢ration or expcns¢s during th¢ year.
12.
STAFF COSTS
The average monthly number of employees during the year was as follows:
2024
2023
Care assistsnts
Management
2024
2023
Employment Costs
Wag¢s and salaries
Social s¢¢urity costs
Other pension costs
122,670
5,378
1,680
109.665
3,398
1,464
129,728
114,527
Th¢ total amount of employtt benefits (including employ¢r p¢nsion contribiilions and social security cosls)
r¢¢¢iv¢d by key management personnel for their services lo th¢ chariry was £19,251 (2023.. £16,356).
Page 15
continued...

THE ABBEYFIELD LEIGH SOCIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
for the year ended 5 April 2024
13.
NET GAINS ON INVESTMENTS
2024
2023
Fair value gains/(losses) on inveslmenls
07
14.
TANGIBLE FIXED ASSETS
Fixtur¢s
and
fittings
Freehold
property
Long
leasehold
Totals
COST
At 6 April 2023 and 5 April 2024
568.900
146,927
86,661
802,488
DEPRECIATION
At 6 April 2023
Charge for year
475,053
7,071
85,334
7,384
78,969
1,923
639,356
16,378
At 5 April 2024
482.124
92,718
80,892
655,734
NET BOOK VALUE
Ai 5 April 2024
86,776
54,209
5,769
146,754
At 5 April 2023
93.847
61,593
7,692
163,132
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
Prepayments
10,589
11,456
4,017
8,621
22,045
12,638
16.
CURRENT ASSET INVESTMENTS
2024
2023
Listed investments
197 340
188 994
Page 16
conlinued..

THE ABBEYFIELD LEIGH SOCIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
for the year ended 5 April 2024
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
So¢ial s¢curity and other taxes
Other ¢redilor5
Accruals and deferred income
6,825
2,524
509
15.663
5,412
517
22,511
25,521
28,440
18.
CREDITORS: AMOUNTS FALLING DUE AWfER MORE THAN ONE YEAR
2024
2023
Oiher creditors
2,441
2,441
19.
RELATED PARTY DISCLOSURES
There were no disclosable related party transactions during the y¢ar (2023 - none).
20.
SHARE CAPITAL
Tlie charity has no share capital, being a company lin)iled by guarantee. Each member guarantees to conlribulc an
amount not exceeding £ l in the evenl of a winding up $i￿atIOn.
Pag¢ 17