2023-03-31-accounts

Trustee				Abbeyfield	the Dales Limited
Charity number				243833
Homes and	Communities	Agency	Number	A3990
Almshouses	Association	Member	No	M1012
Principal Address				Grove House
				12 Riddings	Road
				llkley
				Leeds
				LS299BF
Auditor				Azets Audit	Services
				Carlton House
				Grammar School Street
				Bradford
				BD14NS
Bankers				Barclays Bank PLC
				Leicester
				United Kingdom
				LE872BB

			Page
Board Report
Trustee's responsibilties		statement
Independent auditor's		report	4-6
Profit and loss account
Balance sheet
Statement ofchanges		in equity
Notes to the financial	statements		10-16

				2023	2022
			Notes		8
Turnover				31,686	30,202
Cost ofsales				(36,518)	(31,994)
Gross loss				(4,832)	(1,792)
Interest receivable		and similar income		92	9,090
(Loss)/profit	before taxation			(4,740)	7,298
Tax on (loss)/profit
(Loss)/profit	for	the financial year		(4,740)	7,298

				2023		2022
			Notes	f		f
Fixed assets
Tangible assets					418,661		385,463
Investments					51,111		91,627
					469,772		477,090
Current assets
Debtors				10,554		5,154
Cash at bank and	in hand			15,279		14,419
				25,833		19,573
Creditors: amounts		falling due within
one year			10	(12,882)		(3,568)
Net current assets					12,951		16,005
Total assets less	current liabilities				482,723		493,095
Creditors: amounts		falling due after
more than one year					(115,454)		(121,086)
Net assets					367,269		372,009
Capital and reserves
Revaluation reserve			12		224,820		225,335
Profit and loss reserves					142,449		146,674
Total equity					367,269		372,009

			Revaluation	Profit and	Total
			reserve	loss
				reserves
				8
Balance at	1 April 2021		219,121	145,590	364,711
Year ended	31 March 2022:
Profit and total comprehensive		income for the year		1,084	1,084
Revaluation	of investments		6,214		6,214
Balance at	31 March 2022		225,335	146,674	372,009
Year ended	31 March 2023:
Loss and total comprehensive		income for the year		(4,225)	(4,225)
Other movements			(515)	-	(515)
Balance at	31 March 2023		224,820	142,449	367,269

3	Social Housing turnove	r and	costs
					2023		2022
					E
	Turnover
	Rents receivable				28,870		27,286
	Other income/donations						100
	Amortised social housing	grant			2,816		2,816
	Turnover from social housing		lettings		31,686		30,202
	Administrative expenditure
	Management				(8,325)		(5,741)
	Service charge costs				(11,057)		(9,439)
	Routine maintenance				(5,301)		(6,791)
	Legal fees				(33)		(39)
	Depreciation of housing	properties			(11,802)		(9,984)
					(36,518)		(31,994)
	Operating (deficit) on social		housing	lettings	(4,832)		(1,792)
	Void losses				(4,323)		(2,210)
4	Accomodation owned	and in	management
							Units at
					Units at 1 April		31 March
					2022		23
					Number		Number
	Housing Accomodation					7	7
5	Surplus on ordinary activities is stated after charging/(crediting):
					2023		2022
	Operating loss for the year is stated after charging/(crediting):				E		E
	Audit fess				2,700		1,425
	Depreciation ofowned tangible		fixed assets		11,802		9,984
	Amortisation ofsocial housing		grants		(2,816)		(2,816)

6	Interest receivable	Interest receivable	and similar income	and similar income
								2023	2022
								E
	Interest Income
	Interest on bank deposits							26
	Other income from		investments
	Dividends received							581	2,874
	Gains on financial	instruments		measured	at fair value through	profit or loss		(515)	6,214
	Total income							92	9,090
7	Tangible fixed assets
						Social	housing	Boilers	Total
						properties
							f.
	Cost
	At 1 April 2022						375,000	62,540	437,540
	Additions							45,000	45,000
	At 31 March 2023						375,000	107,540	482,540
	Depreciation and	impairment
	At 1 April 2022						45,000	7,077	52,077
	Depreciation charged		in the year				7,500	4,302	11,802
	At 31 March 2023						52,500	11,379	63,879
	Carrying amount
	At 31 March 2023						322,500	96,161	418,661
	At 31 March 2022						330,000	55,463	385,463

8	Fixed asset	investments	investments			(Continued)
	Movements	in fixed	asset investments
						Investments
						E
	Cost or valuation
	At 1 April 2022					91,627
	Valuation changes					(516)
	Disposals					(40,000)
	At 31 March	2023				51,111
	Carrying amount
	At 31 March	2023				51,111
	At 31 March	2022				91,627
9	Debtors
					2023	2022
	Amounts falling due		within one year.		E	E
	Other debtors				7,704	3,263
	Prepayments	and accrued income			2,850	1,891
					10,554	5,154
10	Creditors: amounts		falling due within one year
					2023	2022
				Notes	E	E
	Trade creditors				7,090	1,888
	Social housing grant				2,816
	Accruals and	deferred	income		2,976	1,680
					12,882	3,568
11	Creditors: amounts		falling due after more than one year
					2023	2022
				Notes	E	E
	Social housing grant				115,454	121,086

			2023		2022
			f		8
Turnover
Safes ofgoods				31,686		30,202
Cost ofsales
Purchases and	other dimct costs
Direct costs			24,716		22,010
Depreciation			11,802		9,984
Total purchases	and other direct costs		36,518		31,994
Total cost ofsales				(36,518)		(31,994)
Gross loss			15,25%	(4,832)	5.93%	(1,792)
Interest receivable		and similar income
Bank interest received			26		2
Gains on financial		instruments	(515)		6,214
Dividends from	investments		581		2,874
				92		9,090
(Loss)/profit before taxation			14.96%	(4,740)	24.16%	7,298