|Contents|||||Page| |---|---|---|---|---|---| |Officers and|advisers|information||page|| |Board Report|||||3-5| |Independent|Auditor's|Report|||6-8| |Statement
of|Comprehensive||Income||| |Balance Sheet|||||10| |Statement
of|Changes|in Reserves|||| |Statement
of|Cash Flows||||12| |Notes to the|Financial|Statements|||13-26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| |||||Note|E|E| |Turnover|||||807,197|754,903| |Operating
expenditure|||||(863,799)|(793,167)| |Gross surplus
/ (deficit)|||||(56,602)|(38,264)| |Other operating
income|||||39,004|254| |Operating
surplus|/ (deficit)||||(17,598)|(38,010)| |Income from fixed|asset investments|||||782| |Interest receivable|and similar|income|||820|1,151| |(Loss)/Gain
on fair|value movement||of||(6,660)|(1,235)| |investments||||||| |Surplus
/ (deficit)|on ordinary|activities||||| |for the year
before tax|||||(23,438)|(37,312)| |Total comprehensive
surplus||/ (deficit)||||| |for the year|||||(23,438)|(37,312)| ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| ||||||Note|F|F| |Fixed assets|||||||| |Tangible
fixed assets|||||11|1,290,014|1,310,201| |Investments|||||12|6,321|12,981| |||||||1,296,335|1,323,182| |Current assets|||||||| |Debtors|||||13|30,474|12,541| |Investments|||||14|278,700|302,728| |Cash at bank and|in|hand||||18,556|11,893| |||||||327,730|327,162| |Creditors: amounts||falling||due within one year|15|(78,824)|(81,665)| |Net current assets||||||248,906|245,497| |Total assets less|current|||liabilities||1,545,241|1,568,679| |Total net assets||||||1,545,241|1,568,679| |Reserves|||||||| |Guarantees|||||17||| |Income and expenditure|||reserve||18|857,539|880,977| |Revaluation
reserve|||||18|687,695|687,695| |Total Reserves||||||1,545,241|1,568,679| ## ## |||||Guarantees|Income and|Revaluation|Total| |---|---|---|---|---|---|---|---| ||||||expenditure|reserve|| ||||||reserve||| ||||||E||| |At 1|October 2018||||918,289|687,695|1,605,991| |Surplus||for the year|||(37,312)||(37,312)| |At 30September|||2019||||| |and|1|October 2019|||880,977|687,695|1,568,679| ||||||(23,438)||(23,438)| |Surplus||for the year|||||| |At 30September|||2020||857,539|687,695|1,545,241| ## ## |||||2020|2019| |---|---|---|---|---|---| ||||Note|E|E| |Cash flow from operating|activities||19|(11,425)|(12,350)| |Net cash flow from operating
activities||||~11,425|~12,350| |Cash flow from investing|activities||||| |Payments
to acquire tangible
fixed assets||||(6,760)|| |Interest received||||820|1,151| |Dividends
received|||||782| |Net cash flow from investing
activities||||(5,940)|1,933| |Cash flow from financing|activities||||| |Net cash flow from financing
activities|||||| |Net increase /(decrease)|in cash and cash|equivalents||(17,365)|(10,417)| |Cash and cash equivalents|at 1 October 2019|||314,621|325,038| |Cash and cash equivalents|at 30September|2020||297,256|314,621| |Cash and cash equivalents|consists of:||||| |Cash at bank and
in hand||||18,556|11,893| |Short term deposits|||14|278,700|302,728| |Cash and cash equivalents|at 30September|2020||297,256|314,621| ## ## ## ## ## ## ## ## ## |stimated
residual
value, ofeach asset on a sys|tematic
basis|over its expected
useful
life.|over its expected
useful
life.|| |---|---|---|---|---| |The society depreciates
the major components|of its housing|properties
at the following
annual||rates:| |Structure||1% straight
line|basis|| |Walls and ceilings||1% straight
line|basis|| |Roofs||2% straight
line|basis|| |Mechanical
and electrical systems||3.33% straight|line basis|| |Internal
fixtures and outbuildings||6.66%
straight|line basis|| |Other tangible
fixed assets:||||| |Fixtures,
fittings and equipment||10%reducing
balance basis||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||Turnover|Operating|Operating|Operating| |||||Expenditure|deficit|deficit| ||||||E|E| |Other social housing||activities:||||| |Charges|for rental and||191,111|(223,614)|(32,503)|(17,309)| |support|services|||||| |Care home services|||616,086|(640,185)|(24,099)|(20,955)| |Total|||807,197|~863 799|~56,602|~38,264| ||||17|||| ## ## ## |||2020|2019| |---|---|---|---| |||F|| |Turnover|||| |Rent receivable
Void losses||882,388
~75,191|844,898
~89,995| |Turnover||807,197|754,903| |Operating
expenditure|||| |Management
expenses
Insurance||5,603|5,408| |Telephone
Registration
fees
Membership
fee
Audit fee||2,497
2,417
9,242
5,770|2,540
2,597
8,948
5,900| |Professional
fees||72|1,240| |Promotional
advertising
Stationery
and postage
Bank charges
Finance office salary||1,362
1,494
337
23,973|2,959
1,105
208
22,210| |||52,767|53,115| |Repairs and maintenance||41,806|44,916| |Service costs|||| |Care and catering:
Employee costs||629,634|566,545| |Recruitment|fees||| |Agency fees
Food 8 cleaning costs
Staff training
Incontinence
8 health supplies||47,107
3,406
7,719|45,310
1,816
3,657| |Garden
maintenance||5,467|5,226| |Council tax 8 water rates||11,742|11,928| |Heating
and Lighting
Sundry
Motor||22,974
8,622
770|23,427
6,130
138| |Equipment
hire
Depreciation
of housing
properties
Depreciation
ofequipment||4,838
23,683
3,264|4,200
23,683
3,076| |||769 226|695,136| |Operating
expenditure||863,799|793 167| |Operating
surplus
I(deficit)||56,602|38,264| ## ## ## ## ||||||||||Number|of||Number of| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||units at|||units at| ||||||||||30September||30September|| ||||||||||2020|||2019| ||Completed
units:|||||||||||| ||Care homes providing
Standards
Act 2000||personal||care under the Care|||||18||18| ||Supported
housing|||||||||10
28||10
28| |5|Interest and other similar||income|||||||||| |||||||||||2020||2019| |||||||||||||E| ||Bank interest receivable||||||||||820|1,151| |6|Surplus /(deficit) on ordinary|||activities||||||||| ||Surplus
/ (deficit) on ordinary
activities|||||is stated after charging|||/(crediting):|||| |||||||||||2020||2019| |||||||||||E||E| ||Auditor's
remuneration
audit|(including|||expenses||and benefits|in kind) for||3,370||3,500| ||Auditor's
remuneration|(including|||expenses||and|||2,400||2,400| ||benefits
in kind) for non-audit|||||||||||| ||Depreciation
oftangible|fixed||assets||||||26,947||26,759| ||Gain
/ (loss) on fair value||movement|||of investments||||(6,144)||(1,235)| |7|Auditor's
remuneration|||||||||||| |||||||||||2020||2019| |||||||||||E||| ||Fees payable
to the Abbeyfield|||(Weymouth)|||Society Limited's||auditor for|||| ||the audit ofthe Abbeyfield||Society||Limited's||annual accounts.|||3,370||3,500| ## ## ## ## |||||2020|2019| |---|---|---|---|---|---| |||||Number|Number| |Management||and|administration||| |Housing,|support||and care|36|36| |||||41|40| ## |||2020|2019| |---|---|---|---| |||E|| |Wages|and salaries|605,782|551,629| |Social|security|38,539|30,595| |Other|pension costs|9,286|6,531| |||653,607|588,755| ## ## ## |11
Tangible fix|ed ass|ets —Freeh|old
land a|nd buildings||||| |---|---|---|---|---|---|---|---|---| |||||Walls &||Mechanical
&|Interrn al|| |||Land|Structure|Ceilings|Roofs|Electricals|Fixtures &|Total| ||||||||Outbuilding|| |Cost or valuation:||||||||| |At 1 October 2019||60o,000|64,000|2 8,000|76,000|288,000|144,936|1,400,936| |At 30September|2020|||||288,000|144,936|1,400,936| |Depreciation:
At October 2019|||3,200|11,400|7,600|47,950|48,265|118,415| |Charge for the year|||640|2 280|1 520|9590|9,653|23 683| |At 30September|2020||3,840|13,680|9,120|57,540|57,918|142,098| |Net book value:||||||||| |At 3p September|2p2p|600,000|60,160|214,320|66,880|230,460|87,018|1,258,838| |3QSeptember2Q19600, 00060,800216,60068,400240,050|||||||96,671|1,282,521| ## |||||2020|2019| |---|---|---|---|---|---| |Analysis|ofthe land and buildings|valued at the date of transition|to||| |FRS102|using the deemed cost|exemption:|||| |||||E|| |Historical cost equivalent
Revaluation/depreciation||||752,369
506,469|752,369
530,152| |Net book|value|||1,258,838|1,282,521| ## ## ## ## |Tangible fixed assets —(continued)
-othe|r||| |---|---|---|---| |Fixtures,
fittings and equipment|||| |Cost or valuation:|||| |At 1 October 2019||85,612|| |Additions
during
the year||6,760|| |At 30September 2020||92,372|| |Depreciation:
At
1 October 2019||57,932|| |Charge for the year||3,264|| |At 30September 2020||61,196|| |Net book value:|||| |At 30 September 2020||31,176|| |At 30September 2019||27,680|| |Tangible fixed assets —Total|||| ||Land 8|Fixtures|| ||buildings|fittings 8|Total| |||equipment|| |Cost or valuation:|||| |At 1 October 2019|1,400,936|85,612|1,486,548| |Additions
in the year||6,760|6,760| |At 30September 2020|1,400,936|92,372|1,493,308| |At October 2019|118,415|57,932|176,347| |Charge for the year|23,683|3,264|26,947| |At 30September 2020|142,098|61,196|203,294| |Net book value:|||| |At 30September 2020|1,258,838|31,176|1,290,014| |At 30 September 2019|1,282,521|27,680|1,310,201| ## ## |ended 30September
2020
Fixed asset investments|| |---|---| ||Listed| ||Investments| ||Total| ||E| |Cost|| |At 1 October 2019|60,903| |At 30September 2020|60,903| |Impairment
At 1 October 2019|47,922| |Written back in the year|6,660| |At 30September 2020|54,582| |Carrying
amount:|| |At 30September 2020|6,321| |At 30September 2019|12,981| |Historical cost|| |At 30 September 2020|60,903| |At 30September 2019|60,903| ## |ebtors|||| |---|---|---|---| |||2020|2019| |||E|F| |Trade debtors||23,074|9,574| |Prepayments|and accrued income|7,400|2,967| |||30,474|12,541| ## ## |2020|2019| |---|---| |E|E| |278,700|302,728| ## |||2020|2019| |---|---|---|---| ||||F| |Trade creditors||6,033|5,126| |Other tax and social security||9,427|7,726| |Other creditors||58,708|58,708| |Accruals and deferred|income|4,656|10,105| |||78 824|81 665| ## ## ## ## ## ## ## |onciliatio|n
ofopera|ting
Surpl|us
/ (deficit) to cash flow from|operating
activities|| |---|---|---|---|---|---| |||||2020|2019| |||||F|E| |Surplus|/ (deficit) for the year|||(23,438)|(37,312)| |Interest received||||(820)|(1,151)| |Dividends|received||||(782)| |Losses /|(Gains) on investments|||6,660|1,235| |Depreciation
oftangible
fixed assets||||26,947|26,759| |Decrease|/ (Increase)|in trade and other debtors||(17,933)|(3,082)| |(Decrease)
/ increase||in trade and other creditors||(2,841)|1,983| |Net cash|flow from|operating|activities|(11,425)|(12,350)| ## ## ## ## ## ##