2025-07-31-accounts - The Abbeyfield Knutsford Society Ltd

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COMPANY NO. 850545 CHARITY NO. 247343

ABBEYFIELD KNUTSFORD SOCIETY LIMITED

(COMPANY LIMITED BY GUARANTEE)

REPORTS AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST JULY 2025

ABBEYFIELD KNUTSFORD SOCIETY LIMITED (COMPANY LIMITED BY GUARANTEE)

C O M P A N Y I N F O R M A T I O N

DIRECTORS Mr S Fraser Mrs A J Cartmel Mr R B R Stephens Dr G Leicester Mrs Rebecca Lunney (resigned 02/06/2025) Mr S Noblet Mrs N Leyland Ms A Parry Mr L Tilley Mr C Harvey SECRETARY Mrs T E Warburton COMPANY NUMBER 850545 CHARITY COMMISSION 247343 REGISTERED NUMBER REGISTERED OFFICE Abbeyfield House 23c Bexton Road Knutsford Cheshire WA16 0EE BANKERS Barclays Bank Plc Jordangate Macclesfield Cheshire

ABBEYFIELD KNUTSFORD SOCIETY LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025

C O N T E N T S

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1 Directors' report
2 Independent examiners report
3 Statement of financial activities
4 Balance sheet
5 & 6 Notes to the financial statements
7 Detailed Income & Expenditure Account
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ABBEYFIELD KNUTSFORD SOCIETY LIMITED COMPANY NUMBER: 850545 DIRECTORS' REPORT FOR THE YEAR ENDED 31ST JULY 2025

The directors present their report together with the financial statements for the year ended 31st July 2025.

Principal activity

The principal activity of the company is to provide accommodation for lonely and elderly people in accordance with the aims and principles of Abbeyfield England. The company is a registered charity limited by guarantee and therefore does not have a share capital.

Results for the year

Details of the results for the year are shown in the financial statements and notes on pages 3 to 7. We were fully occupied all year which resulted in an operational surplus.

Directors

The directors who served during the year are as follows:-

Mr S Fraser Mrs A J Cartmel Mr. R. B. R. Stephens Dr G Leicester Mrs R S Lunney (resigned 02/06/2025) Mr S Noblet Mrs N Leyland Ms A Parry Mr L Tilley Mr C Harvey

Small company rules

The report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. It was approved by the board on 11th November 2025 and signed on its behalf.

S Fraser Director

Page 1

INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS OF ABBEYFIELD KNUTSFORD SOCIETY LIMITED FOR THE YEAR ENDED 31ST JULY 2025 SET OUT ON PAGES 3 TO 7 CHARITY NUMBER 247343 COMPANY NUMBER 850545

I report to the charity trustees on my examination of the accounts of the company for the year ended 31st July 2025.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity's trustees of the company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of our examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination I have followed the directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

N D O'Brien FCA 1 Church Mews Churchill Way Macclesfield Cheshire. SK11 6AY

18th December 2025

Page 2

ABBEYFIELD KNUTSFORD SOCIETY LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JULY 2025

Notes INCOME RESOURCES 1 Donations received Charitable trading income Investment income Sundry Income TOTAL INCOMING RESOURCES RESOURCES EXPENDED Direct charitable expenditure Establishment, management and governance Property refurbishment costs TOTAL RESOURCES EXPENDED NET INFLOW/(OUTFLOW) OF RESOURCES Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Restricted Designated Unrestricted Total Funds Fund Funds Funds 2025 2025 2025 2025 £ £ £ - 614 614 - - 177,777 177,777 - - 6,568 6,568 340 340 - - 185,299 185,299 - - 89,203 89,203 - - 75,269 75,269 - - 0 0 - - 164,472 164,472 - - 20,827 20,827 371,210 - 136,151 507,361 371,210 - 156,978 528,188	Total Funds 2024 £ 812 167,344 7,744 0
		175,900
		84,353 73,377 96,491
		254,221
		(78,321) 585,682
		507,361

The notes on pages 5, 6 and 7 form part of these financial statements.

Page 3

ABBEYFIELD KNUTSFORD SOCIETY LIMITED COMPANY NUMBER: 850545 (England & Wales) BALANCE SHEET AS AT 31ST JULY 2025

Notes TANGIBLE FIXED ASSETS 3 Freehold property CURRENT ASSETS Santander shares Cash at bank and in hand CREDITORS:amounts falling due within one year: Accrued expenses NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Restricted funds 4 Unrestricted funds 5	£ £ 371,210 500 160,421 160,921 3,943 3,943 156,978 528,188 371,210 156,978 528,188 2025	2024 £ 371,210
		500 154,828
	160,921
		155,328
	3,943	19,177
	3,943	19,177
		136,151
		507,361
		371,210 136,151
		507,361

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provision of Section 477 of the Companies Act 2006. Members have not required the company, under Section 476 of the Companies Act 2006, to obtain an audit for the year ended 31st July 2025. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with Sections 386 of the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of affairs of the company as at 31st July 2025 and of its surplus for the year then ended in accordance with the requirements of Section 396, and which otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the company.

The financial statements which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 were approved by the board on 11th November 2025 and signed on its behalf.

S Fraser Director

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ABBEYFIELD KNUTSFORD SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025

1 ACCOUNTING POLICIES

Basis of Preparation of Financial Statements

The financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordadnce with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they adopt the going-concern basis in preparing the financial statements.

Company Status

The charity is a company limited by guarantee. If the charity is dissolved the trustees/members, along with any person that ceased to be a trustee/member within twelve months of the dissolution, must contribute such sum (not exceeding £1 each) as may be demanded of them towards payments of the debts and liabilities of the charity incurred before they ceased to be a trustee/member.

Fund Accounting

Unrestricted Funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated Funds are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects. Any amounts not utilised are carried forward where the specific purpose or project remains part of the charity's objectives.

Restricted Funds are funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.

Resources Expended

Resources expended are allocated to the particular activities to which they relate. Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

Tangible Fixed Assets and Depreciation

The directors consider it appropriate to write off the value of furniture, equipment and fittings. The value of such assets would not be recoverable and only serves to distort the reserves available for the general purposes of the Society. Accordingly all expenditure on renewing or replacing the contents of the company's premises will be written off against income as incurred.

No depreciation is charged on the freehold property as in the opinion of the directors it would be immaterial. In accordance with Financial Reporting Standard No 11, the directors have undertaken an impairment review of the property and consider its value to be not less than cost as stated on the balance sheet.

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ABBEYFIELD KNUTSFORD SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2025

2 TAXATION

As the company's activities are for charitable purposes, there is no liability to corporation tax.

3 TANGIBLE FIXED ASSETS

COST At 31st July 2024 and 31st July 2025 DEPRECIATION At 31st July 2024 and 31st July 2025 NET BOOK VALUE At 31st July 2024 and 31st July 2025	Freehold Property £ 371,210
	-
	371,210

4 RESTRICTED FUNDS

These funds represent the proportion of the company's total reserves that are committed to the freehold property and are not therefore available for the general activities of the charity.

5 UNRESTRICTED FUNDS

In accordance with good practice and the Charity Commission's Statement of Recommended Practice, the society maintains sufficient funds to fund fixed costs for a minimum of six months in the event of operations ceasing.

6 COMPANY LIMITED BY GUARANTEE

Every member of the company undertakes to contribute such amount as may be required, not exceeding £1, to the Company's assets if it should be wound up while he/she is a member or within one year after he/she ceases to be a member.

Page 6

ABBEYFIELD KNUTSFORD SOCIETY LIMITED DRAFT INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST JULY 2025

INCOME FROM RESIDENTS 177,777 LESS DIRECT COSTS Food costs 20,535 Wages and salaries 68,669 Staff pensions 2,514 Telephone and Internet 815 Water rates and council tax 6,845 Gardening 384 Insurance 3,928 Light and heat 12,740 Repairs and maintenance 12,200 Replacement of equipment 14,687 Cleaning 2,550 Bird Food 19 145,886 GENERAL ADMINISTRATIVE EXPENSES Travelling, conferences etc. 342 Stationery, postage, advertising 1,013 Administrative salary 5,467 Abbeyfields affiliation fee 4,062 Residents' outings 1,324 Conservatory refurb Fees Trustlink 5,940 Sundry expenses 439 18,586 164,472 OPERATING SURPLUS FOR THE YEAR 13,305 INCOME FROM OTHER SOURCES: Interest received on bank deposits 6,550 Income from investments 18 Application Fee & Sundry Income 340 General donations received 614 TOTAL OF OTHER INCOME 7,522 SURPLUS AFTER INVESTMENT INCOME AND GENERAL DONATIONS 20,827 LESS COST OF CAPITAL/REFURBISHMENT WORK: NET SURPLUS/ (DEFICIT) FOR THE YEAR 20,827 2025	2024 £ 167,344
	20,201 64,152 2,756 863 5,202 451 5,120 14,962 8,825 8,237 2,178 51
	132,998
	134 947 5,384 6,899 1,002 4,900 5,059 407
	24,732
	157,730
	9,614 7,729 15 812
	8,556
	18,170 (46,491)
	(28,321)

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