Registered number - 00800583 Charity number - 246998 Abbeyfield Wrexham Society Limited Financial Statements For the Year Ended 31st March 2025 TRUSTEES Mrs A W Davies Mr G Smith Mrs J Ingram Mrs D Lesbriel Mrs K Prince Mrs J Ingman Mrs P Stubbs REGISTERED OFFICE Abbeyfield 12 Box Lane Wrexham LL12 8BU COMPANY NUMBER 00800583 CHARITY NUMBER 246998
Registered number - 00800583 Charity number - 246998
Abbeyfield Wrexham Society Limited
ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025
CONTENTS
Report of the Trustees
Independent Examiner's Statement
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Detailed Statement of Financial Activities
Abbeyfield Wrexham Society Limited Trustee's Report The Trustee's, who are also directors for the purpose of the Companies Act. present their annual report together with the financial statements of Abbeyfield (Wrexham) Society Limited for the year ended 31 March 2025. Since the Company qualifies as small under the Companies Att 26 (Strategic Report and Directors Report) Regulations 2013 15 not required. Objectlves and Actlvlties The Society is established for the Public Benefft for the following objectives. The relief and care of elderly persons of all classes suffering from the disabilities of old age or otherwise in need The spreading of Christian principles to all human relationships and the application of humanitarian aims to promote the relief of the elderly. To provide further education in the sphere of yoluntary work and similar activities so as to inculcate the principles of good citizenship. The provision of housin& accommodation or assistance, including providing and maintaining or assisting in providing and maintaining houses and homes, for the relief and care of elderly persons suffering from the disabilities of old age or otherwise being in need. Such other purposes COgniSed by British Law as charitable as the Society shall detemline from time to time. In particular, the Trustee's consider how planned activities will contribute to the aims and objectives set out in this guidance. The Society is committed to equal access to its services and rnonitors this commitment by the very strict and fair interview procedure undertaken to ensure that every prospective resident ceiVe5 due consideration in respect of their application. Applications for potential residents a interviewed by the Admissions Committee comprising the Admissions Officer, House Chaimian and House Manager. The Trustee's confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance by the Charity Commission ft>r En8land and Wales. Achievement and Perf0mnCe The main area of attivity has been the provision of 19 units of supported sheltered housing with Maintenan activity carried out throughoirt the period to rnaintain a high standard of living. After the year end the provision was reduced to 10 units due to the Sale of one property and a focus of resources on the one remaining residence.
Principle Fund1 Sources The Abbeyfield (Wrexham) Society is financed from current and retained surpluses apart from donations which may be subject to restrictions in use. The SocieWs Executive Committee meets quarterly and is responsible for the strategic decisions and policy of the Charity. The Socie$ financial resources consist of cash and bank deposits. so it has no need to resort to loan5 or overdrnft facilities as it holds cash balanS substantialty in excess of day to day requirements. Going Concern After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this rea50n, they continue to adopt the going concern basis in preparing the financial ststements. Structure. Governance and Management The Company is registered as a Charitable Company limited by guarantee and is constituted under a Memorandum of Association dated 13 April 1964. It is a registered charity, number 246998. The company registered as a Charity on l March 1966. The Company was established under a Memorandum of Association which established the objectives of the charitable company, and is governed under its Articles of Association. Recruitment and Appointment 4rf Trustees With the exceptions of the Company Secretary and Treasurer, the Directors of the Company are also Charity Trustees for the purposes of charity law under the Companvs Articles are known as Members of the Executive Committee. Under the reqU1ment of the Memordndum and Articles of Association the members of the Executive Committee are elected to serve a period of three years after which they must be reelected at the next Annual General Meeting. The Company Secretarynreasurer hold5 no interest in the Society and acts as an ExecutNe Officer within the authority delegated by the Executive Commtttee. Insuran policies indemnify Trustees and the Executive Officer against liability when acting for the company. New Trustees are provided with briefing documentation when they first join the Society, but training does not just Stop at that. A program of induction and training has been agreed which is enshrined in the volunteers. section of the Abbeyfield Quality standard. Organisational Structure The SoCies Executive Committee meets quarterly and is responsible for the strategic direction and policy of the charity. At present the Executive Committee has three members from a variety of professional backgrounds relevant to the work of the charity. There a three more shortly joining
the committee. The company Secretsry and Treasurer also sit on the Committee but has no voting rights. House Committees meet every month and the House Chairman's sub committee also meet regularly and report to the main committee. Day to Day responsibility for the provision of services rests with the House Managers, supported by the Sociews Executive Officer. Related Parties The Society is a member of the National Abbeyfiekl Society. based in St Albans. This Society was founded in 1956 and has societies in 17 countries throughout the world. The soclety is also a member of the Abbeyfield Cymru Society Limited. an umbrella organisation representing all Abbeyfield Societies in Wales. Risks The Executive Committee members have overall responsibility for ensuring that the Soclety has appropriate systems of control, financial and otherwise. The systems of financial control are designed to provide reasonable, but not absolute, assurance against material mis-statements ofloss. They include an annual budset, approved by the Execirtive Committee, regular quarterly review of artual results and variances from budget, and delegations of authority and segregation of duties as far as possible given present staffing levels. The Executive Committee will continue to monitor risks and set up policies to mitigate them. This report was approved by the Trustees of the Charity on 20 November 2025 and signed on its behalf by Graham Smith Trustee
Abbeyfield (Wrexham) Society Limited Statement of Trustees Responsibilities The Trustees (who are also the Directors of Abbeyfield {Wrexham) Society Limited for the purposes of company law are responsible for preparing the trustees report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Practice) and applicable law and regulations. Company Law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and far view of the stste of affairs of the charitable company and of its incoming resources, including its income and expenditure. for that period. In preparing these financial statements, the trustees are required to: Select Sultable accounting policTes and apply them consistentty Observe the methods and principles in the Charities SORP Make judgements and estimates that are reasonable and prudent State whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable companvs transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees of the charity on 20 November 2025 and signed on its behalf by Graham Smith Trustee
INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MARCH 2025
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ABBEYFIELD WREXHAM SOCIETY LIMITED
| report on the accounts of the company for the year ended 31 March 2025.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
e examine the accounts under section 145 of the 2011 Act;
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e to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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e to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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e to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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e to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Karl Norris FCA
CFL Accountancy
55 Parkedge Close
Leigh
Lancashire
WN7 3UR
Date: ¥ ral De conn d2f ; Lo 28en aa
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CFL Accountancy is a trading name of Court Financial Limited, a company registered in England & Wales (with registered number 04643763).
Registered number - 00800583
Charity number - 246998
Abbeyfield Wrexham Society Limited
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2025
| INCOME Income from Generated Funds Donations and legacies Income from Investments Income from charitable activities Other Income Total Income and endowments EXPENSES Costs of generating funds Expenditure on Charitable activities Total Expenses NET INCOME Gaines/(losses) on sale of fixed assets Net movement in funds: Net income for the year Total funds brought forward Net Funds carried forward |
Unrestricted Restricted 2025 2024 Funds Funds Total Total £ £ £ £ 50,000 50,000 0 15,147 15,147 6,663 158,656 158,656 160,901 163 163 3,257 |
|---|---|
| 223,966 0 223,966 170,821 |
|
| 147,176 147,176 136,275 |
|
| 147,176 0 147,176 136,275 |
|
| 76,790 0 76,790 34,546 |
|
| 0 0 0 76,790 0 76,790 34,546 |
|
| 76,790 0 76,790 34,546 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Registered number - 00800583
Charity number - 246998
| Abbeyfield Wrexham Society Limited | |
|---|---|
| Notes FIXED ASSETS Tangible assets 3 CURRENT ASSETS Debtors (amounts falling due within 1 year) 4 Cash at bank and in hand CREDITORS (amounts falling due 5 within 1 year) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 7 General fund Designated funds Restricted funds 8 BALANCE SHEET AS AT 31st MARCH 2025 |
2025 2024 £ £ 56,541 64,987 9,300 2,378 675,226 599,365 |
| 684,526 601,743 9,372 11,825 675,154 589,918 731,695 654,905 709,457 632,667 6,641 6,641 15,597 15,597 |
|
| 731,695 654,905 |
For the year ending 31st March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provision applicable to companies subject to the small companies regime.
Approved by the board of trustees on 13th November 2025 and signed on their behalf by
Mr G Smith Trustee
Registered number - 00800583 Charity number - 246998
Abbeyfield Wrexham Society Limited
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025
1 ACCOUNTING POLICIES
1a. Basis of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributable to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation and Apportionment of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.
Restricted funds can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
Registered number - 00800583 Charity number - 246998
Abbeyfield Wrexham Society Limited
1f Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land and Buildings straight line 2% on non SHG assisted cost% Long Leasehold Properties straight line over life of lease % Short Leasehold Properties straight line over life of lease % Fixtures and Fittings straight line over useful lives of between 5 and 11 years.
1g Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the funds in respect of the year.
1h Turnover
Turnover represents the invoiced value of goods and services supplier by the company, net of value added tax and trade discounts.
1i GOING CONCERN
The Trustees have reviewed the financial position and note that as at 31 March 2025 the Society had net current assets of £675,154 and Capital and Reserves of £731,695. The Society made a trading profit in the year ended 31st March 25 of £26,790 with the addition of a donation of £50,000 This gives the Trustees every belief that the Society can operate effectively and meet its liabilities as a going concern
Therefore, the accounts have been prepared on a going concern basis.
2 PENSION CONTRIBUTIONS
| Pension contributions | 2025 2024 £ £ 766 484 |
|---|---|
| 766 484 |
Registered number - 00800583
Charity number - 246998
Abbeyfield Wrexham Society Limited
3 TANGIBLE FIXED ASSETS
| Cost at 01/04/2024 Additions Disposals at 31/03/2025 Depreciation at 01/04/2024 For the year Disposals at 31/03/2025 Net Book Amounts At 31/03/2025 At 31/03/2024 |
Land Long Short Fixture and Leasehold Leasehold and Buildings Properties Properties Fittings TOTAL £ £ £ £ £ 0 141,000 44,046 62,781 247,827 0 0 0 |
|---|---|
| 0 141,000 44,046 62,781 247,827 |
|
| 0 82,622 38,604 61,614 182,840 6,279 1,000 1,167 8,446 0 0 |
|
| 0 88,901 39,604 62,781 191,286 |
|
| 0 52,099 4,442 0 56,541 |
|
| 0 58,378 5,442 1,167 64,987 |
4 DEBTORS
| Accrued income Amounts falling due within one year |
2025 2024 £ £ 6,690 2,378 |
|---|---|
| #VALUE! 2,378 |
Registered number - 00800583 Charity number - 246998
Abbeyfield Wrexham Society Limited
5 CREDITORS FALLING DUE WITHIN ONE YEAR
| Trade Creditors Taxation and Social Security Salaries Owed Pensions Other Creditors |
2025 2024 £ £ 2,565 5,616 871 874 4,548 3,214 188 921 1,200 1,200 |
|---|---|
| 9,372 11,825 |
6 LIMITED BY GUARANTEE
The company is limited by guarantee and does not have any share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up.
7 UNRESTRICTED FUNDS
| General fund Designated funds 8 RESTRICTED FUNDS Restricted funds |
Brought Incoming Outgoing Carried Forward Resources Resources Transfers Forward £ c £ £ £ 632,667 223,966 -147,176 709,457 6,641 6,641 |
|---|---|
| 639,308 223,966 -147,176 0 716,098 |
|
| Brought Incoming Outgoing Carried Forward Resources Resources Transfers Forward £ £ £ £ £ 15,597 15,597 |
|
| 15,597 0 0 0 15,597 |
Registered number - 00800583 Charity number - 246998
Abbeyfield Wrexham Society Limited
EXPENSES FOR THE YEAR ENDED 31st MARCH 2025
| Accountancy Travel and Entertainment Rates Heat and Light Rent Cleaning General Maintenance Care call Food Wages - regular Pension contributions Training Equipment maintenance Gardening Health and Safety Audit Fees Legal Fees Insurance Postage Stationary & Office Supplies Telephone Subscriptions Bank Charges IT Expense Miscellaneous Expenditure Depreciation of long leasehold properties Depreciation of short leasehold properties Depreciation of fixtures and fittings |
2025 2024 £ £ 7,910 7,182 299 230 1,659 1,943 15,092 18,393 792 839 1,254 306 12,728 7,274 2,647 2,356 17,940 17,448 57,190 49,590 766 484 184 200 183 2,353 1,908 1,726 2,711 2,932 1,200 1,200 35 187 3,193 2,281 10 19 374 9,678 10,763 10 10 260 305 110 0 971 438 6,279 3,732 1,000 1,000 1,167 2,710 |
|---|---|
| 147,176 136,275 |