## ## |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|