TrIEABB AUNTON DEFENDAMUS SOCIETY LIMITED UNAUDIIED FINANCIAL STATEMENTS YE O JUNE 2023 Company Inforn)ation Report of the Executive Commit1¢¢ Itjdrpendent Examiner's Report Income and Expet)dilure Account and Statement of Financial Activities Balance Sheet 8-13 Notes to the FinwKial Ststements Conipany Registration Nuinber.. 900502 Registered Ch8rity Nutiiber.. 253429
Company Regisiration Number.. 900502 THE ABBEYFIELD TA TON DEFENDAMUS SOCIETY LIMITED COMPANY INFORMATI EXECUTIVE COMMI Col D N iA)we OBE DL A Whyte K Mecarthy Cdre D Lewis R Harris D Allwrighi C Weeks aiairman (deceased FebNary 20231 (rttigned Noveinbcr 20221 Chairnian (appointed November 2022) COMPANY SECRETARY S CorTie GISTEREDOFFICE.. Stafford House Blackbrtsjk Pa Avenue Taunton Somers TAI 2PX EPENDENT EXAMINER.. mic1e1 C¢y)k Bsc FCA Acmole Siafford House Blackbrnok Avenue Taunton Somerset TAI 2PX BANKER Royal Bank of Scotland plc 36 St Andrew Square Edinburgh Scotland EH2 2YB
Company R¢gistraiion Number.. 900502 THE ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LIMITED REPORT OF THE EXECUTIVE COMMIThE The Members of the Exeeutive Committee present their Report and tlie financial statements of the Society for ihe year ended 30 June 2023. CHAIRMAN'S REPORT The iinpaa ol.11 onEoinB Mar in Ukraine, resul(irtg in whai hbs b¢come krK>ii'n a ¢ost ofiiying crisis. includin8 siwiilJ&MI iticreases in energy costs. iIinaiion Tatcs nct 5ccn for many years provided the ecoThTrmkc backdrop to the management of th¢ Socidy ovtt ilie last year. Thr COVID crisi5 5¢¢m5 have been containd forilje nK)men(. bui continues &% a f&dor which In¢itablY Jnu51 be con5ider¢d in day 10 day 0ratIOnS. 11 is th¢r¢fDr¢ n105t ¢ncouraging to r¢tx)rt that ihe Society t]S a year in li'hith oCcu¢Y raies have Iwi high 8od ¢xpwditurt BeneMIIy lios b¢¢n in line ivith ¢xp¢ctatioA%. and has rettimed a ktter that) predieied SulUs. It is ivith grwai regret ihat I musi rew>rt the death. in F¢bTuary. ofour Thainnan Dai'id Lowe. David had served as a Trts5Lee of the Taunton Defendanius Society for many years atMI &sChaim18n had b¢¢nth¢ inspiration forihemove from Miikileway to Nerthficld Court. approachiiig 15 years ago. The House Managcr, Sarn Corrie. has not only been inspirational in her leadetship olthe siaff teani wlio I¥¢ thcm5elv¢s iYork¢d tirelessly lo keep residents safe and fed. ]1 also inThTrvalive in ihinking out of the btrx securing grani funding for projects of diTeci beiiefit io the House community. Thi5 has included fundit)g for a n)OTC aCCC5sible 8ardcn are4 new dining rootn fi]rniluTe, 'hich li&% improved cornfort and 8alety during meal lim¢s atmi funth to support sori ¢v¢nts duringthe fcstive s¢a50n. AEairt ihanks 10 Ili¢ House Manager, Cornmuniry Engagernent h&s b7 a real frUs Ili1$ year. inc]ing providiiig opportunitics for students froin local sthoo15 to cany out ii'ork experience in the Hse also the ¢stablishtn¢nl of a Community Lunch Club. Both these wlivitics r¢5uli in wider lIlmUnI[Y ai¥areness of Nonhfield Qjurt and Abtwfi¢ld mor¢ gKlly. We %Yerealsogralefiil iothe Intrr Whecl CIMbof Taunton iyho have tth>Yidedthe labo.01 with the helpandadvic¢of r¢sid¢nlS. undertook Ilie r¢d¢sign of Ihe garden. Before Chairman David's death in Fcbtuary. the Executive CAmnTh1ec had discussed and supponed a recommendation from the Chair ihai the Society yknuld pursu¢ a meTg¢rwiih anoihcr Abbcyficld &>cidy lo minimise operntional risks. Following consideraiionofihe ojxion8 il w&8 agreed that w¢ should piirsu¢ a erger with t AbYrie1d Fast Devon &)ciety and this WOTk is now proEtrssing. Finallyj I lt r¢cord my sincere thanks lo my fellow Trthe Hous¢ Man8g¢T awKI all the staffa1 volunteos for their 5LlPPOrt atKI hard work durillg Ih¢ycar. GOVERN.ING DOCUMENT The Society is a cliarity constituted as a company limited by guaronie¢. incOrlated oty 10 March 1967 ar registered 85 a chaTit)' on 16 Aiigu5t 1967. 1lic conipajiy was established under a MemoraTrdun] of Association which established ihe obj¢¢ts and powers of Ilie ¢liarilable wmpany wid is governed under its Articles ofA550ciation. In thc event of tlle company being wound up members are quircd io contribilte an amount not exceeding £1 ¢h. RECRUITMENT AND APPOIN'TfvIENT OF NEW TRUSTEES The di110r$ of the company are also ¢haTily trustces for the pur5¢ of charity law and under the wmpany's Articl are kJwn as members of ihe Executive Con)mittee. The Chairman and oiher comniittee members have been actively SEeking to atiracl new meinbers to lrtcrea the size of the existing committee. We were pleased to welcome Mr Colin Weeks as tsur rtew Treasurer at last year's AGM. New Irust¢es aro briefa on their legal obligarions underch8rity and coixpany law, Ihe content of the Mcinorandum and Articles of Associatjoll, the coil1t1¢¢ and de¢isicn tnaking processes and recent perforniance orth¢ ¢harity. Trust5 are ¢nwuraged io aiiend appropriate external training events where these will facilitate ihe undcrtaking of th¢ir rol¢. OR ANISATIONAL ST UR The Society 15 affiliated to the Abbcyfield Society, and is controlled by an EXelIve Coininittee who meet regularly aiid are respon5ibl¢ for th¢ str8te8i¢ direciion and policy of die Charity. At present the Execiitive Committee has five members from a variety of professional baCkg}lid5 relevaiit to the work of tlie C1ty. All committee nieinbers ar¢ unpaid volunreers. Further valuabl¢ h¢lp is given by other volunteers who. under the collective name of Friends of Abbeyfjeld, provide Support tij residents.
Cojnpany RegistratiOE) Number.. 900502 THE ABBEYFIELD TALNT US SOCIETY LIMITED REPORT OF THE EXECUTtVE COMMITfEE RiSK MANAG ie major risks to iyhich the Socieiy is exposed. L% identified by th¢ TnJses. have been reviei¥ed and systeTr)s have becji established 10 mitigRre those risks. OB ECTIVE AND AcfiviTIE The Socieiv"s objei¥¢ artd principal Klivity is to WDvide accommodation aThl housing for tlie elderly in accordance iyiih ihe all5 and prtlhciplcs of ihe Abbeyfield &cieiy Limited. This objective is achiei'ed by ihe provisw)n and inanagenient ora house ii) Taiillion kno,17 as Narthficld Coiirt. It is Iheobjeciiveofih¢ Ee¢ulii'eCommi(iee vear to fflimi5e the PLtbltcrft1 provided by Ihe Socieiy in proi'idiiig high qiiality siippon, having regard to th¢ exleni of thc Socicty's I[¢ al rtserves, Ihe wsi of faciliiits and ilie abililv of residents lo Inake payineiiis froin iheir owii resoiirces. Northfield Coiirt provides seY(x) one IrOOm¢d Wld [lrIO seif-conlain flats and ¢8n accommodat¢ LIP fitlL'n people. Residcnls are tncoungcd to Jn3inrain iheir indepeJNkn¢e I4'hi151 being suwrted with tnea15. adminisiration &iid social aciiviiies. A hoiisekeep¢r is in otlendanc¢ muclj Voliffttary MiptK)n isgii'en by a 'J(k u055stt1ion of the IOLMI Lommunit). Entry is opeIi ioall, 5LibjEcl to siisfaciorv lalth wuiremenis. Ivith charges ai atTordable levels. RIdentS in receipt ofi)ousinE or other slate benefit$ ar¢ acc¢pl¢d. CharEes are revi¢iN¢d annually aThl kept a5 low as coiisidered prudeni. Wh¢ii reviewing ihe ehaii(y'$ aims 8t objeclivcs 8nd pla]u]ill8 its xtiviiie5 the tnLstres have had due rcgard 10 ihe Charilv Coininission's public benefii guidte. irtcluding its guidance on fee thargin& FIN Nei reiital incoine has incr¢as¢d a5 a result ol an liKe offees atKI Tniniinal voids and Yavdnties duriiig 2023. miere is a t1 SUTpIus for t])e year of£28.771 (2022.. surplu5 £22,722). RESERVLS POLI Rcs¢rv¢s 3r¢ needed 10 cover any d¥¢liw in occuFwy le¥e15 and unexpECtpJ enietEency repairs and othcr &¥penditure. At 30 Jurte 2023 th¢ level of frtt reserves lexeluding fixed &ws and Wlrirl¢d fund5} amouiiied 10 £163,170 (2022= £138,008) iYliiEh the Execiilii'e Commiiiee LOll5idcr is ppropriaie forihe chariiy's n¢¥ds. Thc frce reserves equate io approxirnately ¢ighi nioiiihs. running tu)Sl5. RESPOfvISIBII.ITIES OF THE EXECUTIVE COMMirtEE Th¢ Inembers ot-the Execylivr Cornmiltee Iwly) are also direcknis of The AbEeJ'fJeld Tauotoii Ikf¢ndaTnU5 Socieiy Liiniied for th¢ piirwses ofCornpa lawl are r¢5trfTrnsible for preparing ihe Rep)N of Ihe E¥ecuiiNe ComnJitte¢ lincorporaiing Ilie directors, r¢tx>rtI and Ilie tinancial siaiemeni$ in accordance i%iih applicabl¢ laiv and UDiied Kill8dom Accounliiig Siandard5, iiicludi1i8 Financial Rep)riing Siaiidard 102= The Financial Rerx)rtin8 Siartdard applIbIr in the UK and Rwublic of Ireland (Uniied Kingdoin Generally ALcepied A¢rOutIng Prnctic¢l. Ctsinpan>' law r¢quires (lie Executive Coinmillt¢ io Ppare financial $iat¢ments for each fiiiancial year i¥hitli giv¢ a Truc al fair N'icii. of the stale ofaflairs of Ihc charitable Coynp1y 9J)d of the irtcom¢ otKi expendiiure. ot'ilie charitable company for Ihat period. ID pr¢paring these financial $tat¢m¢nls. the Ekecuiive Cottjjniiiee are requiTd to= sel¢ct 5uiiable accouniing rolt¢i¢s and then appli. Ihetn c(msi8ienily' observe Ilic rncihods and principles in the Chariiies SORP.. niake judgments and accouniing ¢siimaies Ihal are reasonable and pnKleni'. slal¢i%'hriherapplicable UK Accounting STatthrds have been follDwcd. subjectlo any material departuresdisE105ed and explaiiied in th¢ financtal siaiements, and Prepare Ihe fjnancial st&1¢nts on the goingconcem basis ifftless it 15 inappropriate p$[¢ th&t the thariiable company ivill coiiiinue in Sines Tlie Execuiiye Con)Iniiiee a]t Tesponsible for maintsining proper 0ting record5 wliich disclose wilh liabl¢ accuraLy ai ali). liinr tlic financial posiiion of the chariiable cotllpany aJMI enable t]*m lo ensur¢ Ihat the financial 51alLYnthtg comply ii'iih Ihe Cempani¢s Arl 2006. Tliey are also respon5ibl¢ for safeguarding Ilte &ssets of th¢ ¢hariiabl¢ L%)Mrny and ben fDr kIng T¢a5011able sieps for ihe prevention and deiectioii of fraud and other irregularilics.
Company Registration Number.. 900502 THE ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LIMITED REPORT OF THE EXECUTIVE COMMirrEE Itwfar as th¢ Executive Commiltc¢ aWa..- IheTC 15 no relevant audit infoyjnaiiott of ivhich th¢ chariiablt compan) s auditors are awate.. ÈtHI the Iru51¢e5 hai'e taken all sitps ihal ihw. oughi lo hai'e laken to make themselve5 ai%aTe of any Tel¢vanl audit infomiaiion and to lablish ihat the audiiors aTe of thal inforniaiion Th¢ F.x¢cuti¥e Commiiiet are re5pDnsible for Ihe mainienance and integrity of the CO4MI]3le and r)nancial infomjation itt¢luded on the haritable company's ITrebsit¢. L¢gislaiion in ihe Unit¢d Kingdom govemin8 thr pparatIOn and disSeminl0ry of financial slatemenls ma>. diftir from legKslaiion in oiher jurisdictions. This rerMTrrt has been prepad in x£ordance M'ith th¢ provision5 of Part IS of the Companie5 Aa 21m relaiing ¢0 small coinpaiiie5. O behalf ol-lhe ExLYuiive Cotnmil CDRE D LEWIS Chairmart Dale
Company Registration Nuinber.. 900502 THE ABBEYFIELD TAL7ITON DEFENDAM sso IETY LINqITED PORT T USTEES OF THE ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LIMITED tlie COJ I report to the charily trustees on my examination of the a¢counts of the Company for the y¢ar ¢nded 30 June 2023, which are set pui on pages 6 to 13. Responsibillties and bAsls of rtport A5 the charity'5 trnstees of the Company (and alg) its diredors for the purposes of winpany law) yoii are r¢spoiisibl¢ for tlie prepardtion of the aecoullts in accordance wit]1 tlie requirtments of ih¢ Companies A¢t 2006 {-Ihe 2006 Aci,). Having satisfied Jny5elf that the account5 of the Company are noi requkred to be audited linder Part 16 of the 2006 Act aiid are eligible for independent examination. I report in rcspect of my examination of your charity's accounts as carried out under SECtion 145 of the Charities Act 2011 ('th¢ 2011 Acl'l. In ¢atrying out my examinaiion I have followed ihe Directions given by the Charity Cominission under se¢lion 145{51 (b) of the 201 I ACL liidependent exlminer's report Since ihe company's gross income exceeded £250.000 your ex8min¢r must be a m¢mb¢r of a body listed in section 145 of the 2011 Act. I confirm ihat l am qualified to iindertake ihe examination beeatsse I am a member of the InsiilLiie of Cliartered Ac¢oiiniants England & Wales, which is one of ihe listed ix)dies. I have Completed my examination. l Confirni thAt no mallers have come ro my attention in connectiot] with the examination 8iving me Cause to belirve.. accounting rerdS We not kept in respect of the Company 85 rquired by Section 386 of tlie 2006 Act: or lh¢ aCfDun15 do not acT with th0 Trcord5: or the accounis do not comply with Ihe a¢couniing requirements of se¢llon J96 of the 2006 Act fflher than any requireineni that the acrounts give a'iruE and fair VIEW. which 15 nol a malter ronsid¢r¢d as part Df aTr independenl exaininalion., or the a¢wunts hav¢ noi been prepared in a¢conlan¢e wirh ihe meth(Kls aNI principles of ihe Statemeni of Recoinmended Practice for accoiinting and reporttng by charities {applicable to th8ritie$ pttponng their accoun15 in accordance wilh the Fina11cial Reportittg Standard applicable in the UK and Republi¢ of Ireland (FRS 10211. I have no ¢onc¢rns and hav¢ ¢ome 8cross no oth¢r matr5 in nn¢¢[lon with ihe ¢xaminaiion io which fi¢tenrion sl)ould be drawn in Iliis report in ordef lo enJbl¢ a proper understsnding of the a¢¢ounts to be 8¢ed. Michael Cook BS¢ FCA Acmvle Chartered Accoiintants Stafford House Blackbrook Park Aveiiue Tauntoii TAI 2PX 2023
Company Re8jStration Nurnber- 900502 THE ABBEYFIELD TAuKfoN DEFENDA OCIETY MITED INCOME EXPENDITURE ACCOUNT AND STATEMENT OF FtNANCIAL VMES R ENDED 30 JUNE 2023 UNRESTRICTED RESTRI 2023 2022 INCOM Note Donations and grants Investmen15 Charitabl¢ aciivitics 1.197 378 5.877 7,074 378 1,100 17 260.264 260,264 243.749 TOTAL INCOME 261839 5.877 267,716 244 866 EXPENDIT Charitable acliviiies 236.677 2268 238.945 222.144 TOTAL EXPENDITURE 236 677 2.268 222 144 NET INCOME AND MOVEMENT IN FUNDS IN THE YEAR 25.162 3.609 28,771 22.722 RECONCILIATION DS Toial Fund$ Brought Forward 1819650 1 819650 1.796 928 Total Funds Carried Forward 1.844 812 3.609 1848421 1819650 The noies on pages 8 10 13 form part of these financÈal Matements.
Company Registration Number- 900502 THE ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LlkllTED BALANCE SHEET ASAT NE2023 Nole 2023 2022 FIXED ASSETS Tangible assets 1.681,642 1,681,642 CURRENT ASSETS Debtors Casli 81 bank and in haThd 10 6.941 168.948 6,362 143.771 175.889 150.133 CREDITORS Amount5 falling due within on¢ year 9,110 12.125 NET CURRENT ASSETS 166,779 138.008 NET ASSETS 1.848.421 1,819,650 NRESTRicfED FUNDS General Fund R¢development Fund 13 13 1.204.380 640,432 1,179,218 640.432 RESTRICTED FUNDS SCL Fiimilure Grartl 13 3.609 TOTAL CHARITY FUNDS .848,421 ,819,650 The company is entitled to exernption fn)m audit under Section 477 of the Cotnpanies Aci 2006 for Ilie year ended io June 202",. The menibers have noi required ihe coynpany to obtain an audii of its financial stai¢ments for the year elided 30 Julie 2023 in accordance with Se¢iion 476 of the Companie5 Aci 2006. Tlie Inejnbers of the Executive Committee acknowledge their respy)nsibiliiies for.. al ensiiriiig tlial the ¢tstnpany keeps accounting records which Comply with Sections 386 and 387 of the Companies Act 2006 and b) preparing financial statements which giv¢ a irue and fair view of th¢ state of a(fairs of Ihe cojiipany as at the end of each financial year and of its surplus or deficit for each financial year in a¢¢ordante ivith the requirenient5 of S¢¢iions 394 and 395 and which otherwise Comply ivith the requiretnent5 of the Companies Act 2006 rclating lo financial statement4 so far as applicable to the company. The financial statements have been prepared in accordarhcc wilh the provisions of Part 15 of the Cotnpanies Aci 2006 relating to sniall ¢ompanies. The financial Slalrmen(s were approved by the Exrfutive Committee on I hJJw(knr2023 and signed on ils belialf b).: C WEEKS CD LEWIS Chairinan The notes on pages 8 to 13 form part of thes¢ financial statements.
Company Registratson Number.. 900502 THE ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LIMITED NOT FtNANCIAL STATEMENTS YEAR ENDED 30 E 2023 CCOUNTING POLICIES Charitable Com Stsius The AbbeyfiEld Taunton Def¢ndamus Society Limited provides self-contained flats where residents are encouraged to mainiain their independen¢e whilsi being 5UPPOrted with meals, administrntion and social activitie5. It 15 a conipany limited by guarantee and a registered charity, h&s share ¢apital and 15 registered In England and Wales. The r¢8i5tered offjce is Stafford House, Blackbrook Park Avenue, Tauthion, Somerset TAI 2PX. taiement of com liance and b&sis of ration The finaiicial statements have been prepared UTMler the historical ¢oM Convention ivtth itcms recognised at cost or transaction value. Tlie fiii8llcial statements have a150 been prepared in a¢¢ordanc¢ with Accounting and Reptsrting by Charities.. Statcinciit of Recommended Pracii¢e applicable to chariiies preparing their accounts in acwrdance ivith the Fsnallcial Reportiiig Standard appli¢able in thr UK and Republic of Irelartd {FRS 102) (issued October 2019)- (Charities SORP {FRS 102)), rhe Financial Reporting Statmlard #pplicable in the United Kingdom and Republi¢ of Iland (FRS 102) and the Companies Acl 2006. The Abbeyfleld Taunton D¢fandamus Society Limited meets the defjnition of a public entity und¢r FRSIO2. The Executive Commirtee Consider thai there are no maieiial ullcertaiiilies aul th¢ charity's ability to continue a 80ing concern and are of ilie opinion that the accounts $Iuld be prepTed on this basis. Fund A¢coiiniin Unrestricted funds are avoilable for use at the discretion of the Exe¢uiiYe Committee in furtherdnre of the general objectives of the charitable company. Designaitd furLds are urjrcstricted funds ¢anarked by the Execulive Committee for particular purtK)s¢s. R¢stri¢ted funds are tliose donated for we in a particular aT¢a or for 5pecifiG purpjses. Ihe use of which is restricted to that area or purpose. Income reco ition All income is included in the statemellt of financial activities when the charity is £ntitled to the infDine, It is probable that the iiicome will be received and the atnount can b¢ m¢asur¢d lIablY. The following specific policies are applied to particular categories of ill¢ome: ljiveslment income 15 included when receivable. Income from charitabl¢ trading activitie5 is accounted for when earned. The wmpany is nor registercd for VAT. Tlie value of seTri¢es provided by volunteers has not beell included in thes¢ accounts. Grants are recognised when the charity entitlement lo the funds aTMI any cojiditions linked lo the grants have been m¢t. Whcre perforiJiaii¢¢ conditions are attaehed to Ilie grant and are yet lo be m¢t, the income is reco8nised as a li&bility and includ¢d on ihe balance sheet deferred irt¢ome to be Tele&%ed. Ex enditure reco nition Exp¢iiditure is recognised oij an ac¢wals basis as a liability is incurrd. Charitable expciidilure comprises ihose costs incuTr¢d by the charity in the delivery of irs activities and services for its beneficiaries. It includes both costs thai ran be allocated directly to such activities and those costs of ali indhrect natu D¢¢e5sary to 5UPPOrt them. All costs are allocated between fhc expenditure categoTie5 ofthe Statement of Financial A¢tkvitie5 on a basis designed io refle¢l the us¢ of the resourc& C0515 relating lo a particular activity are allated d1ctly Others are aprtioned on an appropriate basis if applicable.
Company Registratioll Number.. 900502 THE ABBEYFIELD TAUNTON. DEFENDAMLS SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2023 ACCOUNllN POLICIE ible fixed a Tangible fixed assets are initially rewg#ised ai cost. No provision for depreciation of freehold properties is included in the financial Siatrm¢nl5 ¢5¢ in the opiniDll of the Executive Committee the depreciation charge and any a¢¢wnulaLed d¢pre¢iaiion would be inimateriRI. The residual value of the prop¢rty at th¢ ¢nd of its useful e¢on¢xni¢ life to the chaTily is likely to be 5ignifLcantly above the present carrying value given the charity's policy and PTa¢ii¢e Of regular maintenance and repair. Expenditure 0 major item5 of equipmeni ai Nonhfield Court has been ¢apitslised and is beiiig writteii off at 15Vo per anniini on a Straight line basi5. Other expenditur¢ on fumiture And tquipment wiihin the charity'5 hon]e is written off in the year in which the cost Is inciirred as il i5 511bjrcl lo considerable wear and tear is being wnttnually replaced and renewed. Tation As a registered eliarily. the comparty i$exempt from t&xon in¢oineand gainstt> the extent that tl)ese kre applied to its cliai'iiabl¢ objects. FinartcÉal instniment5 All of the charity'5 financial assetsarjd liabilitie5 qualify as basic financial instruments. Basic financial insirum¢n15 ar¢ iniiiAIIy recognised at transaction valuc and subsequenily mSured at their settlenlent value. Tlie preparation of the finan¢ial sthiements requires the Executive Committee to make judgeiiients. estimates and 8sSUlllPtIOllS rhat affe¢1 th¢ appliratlDn of acrounting tKklicie5 and the OU[Lts recognised the fJt)ancial statements. The Exe¢iiliv¢ Coinmittee are of the opinion that there were no eslimates or a5SUMPtions that liavc a sisnificani risk of ¢aiising a 11)aterial Rdju5tment to the carrying amouiit of Sets and liabilities within the next fijnClaI year. DONATIONS AND GRANTS 2023 2022 Donaiiot)S Grants 947 6.127 800 300 7.074 1.100 All income from donaiions and granr5 were n$trIc¢¢d ex¢¢w £5,877 of grnnts (2022.. £nil). RESIDENTS, LETTINGS Tliis represents the amtsurtts receivable by thechirity from residents foraceominodation in the liome maintained by the charity. 2023 2022 Gross resident5, lettin8S Less: vacancies L¢ss.' amounts writt¢n off 266,136 18,136} 2,264 249,852 16,1031 260.264 243.749
Company Registration Number.. 900502 10 THE LWTON DEFENDAM OCIETY LIMITED NOTES TO IIIE FtNANCIAL STATEMEKrs YEAR ENDED 30 JUNE 202 UNITSIBEDSPA 2023 2022 Under Tnallagernt at tlie end of the year 16 CHARITABLE EXPENDITURE 2023 2022 Provisions Staff costs Repairs and r¢n¢wals Council lax Water 20,817 133,374 18,214 12.106 3,133 5,882 20,660 928 17,998 123,330 17,756 12.156 2,733 5.506 17,947 515 Insurance Eleclri¢ity and ggs Gardening Abbeyfield Society Inembcr5hip fee Independent Examination and accountsncy Sundry exp¢nsE5 Tel¢phoJ Bank Charges Advenisiiig Legal and professional fees HMRC intercst 5,215 4,752 6.248 4,431 427 5.159 4,966 4.997 3,647 392 1.492 1250 16 2,744 2,298 238.945 222.144 All charitable a¢tiYiti¢s ¢xpenditure 15 unrestricted except £1.787 of repairs and renewals. £8 l of gardenin& £138 of provisions and £262 of SiLndry ¢KP¢115e5 whhch are restrirted {2022- £nil).
Company Registration NuThber.' 900502 ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LINqITED OTES TO THE FINANCIAL STATEMENTS EAR ENDED 30 JUNE 2023 NET INCOME FOR THE YEAR Net income for the year is after charging: 2023 2022 Indtpendent Examiner's fee Accountaiicy 5erviees- Payroll A¢counton¢y servi¢es- SDftware supw)rt Act11&11¢Y service5- Company s¢¢rethrial 2,796 1.956 968 282 3.126 1,840 STAFF CO TS ANDNUMBERS 2023 2022 costs were as follows:. Wag¢5 and salaries So¢ial security cosis Pension rosls 127,963 3.233 2.178 117,992 3.341 1,997 133.374 123,330 The aver8ge numbrr of employee5 durirjg the year was as follows:_ 2021 Nuniber Number Staff io No employee had emoluments aErf)ve £60,(KK) in the cutyent or the previous year. T]ie charity considers lis key management personnel comprise ihe Executive Coininittee ld the House Manager. Total rejnuneralion of key managemeni personnel in the year ivas £33.054 {2022- £25.568). TRUSTEE REMUNEL4TION AND RELATED PARTY TRANSAcfioNS No members of the Ekeculive Committee received any reMuneI0n during the current or the previous year. No rnembers of the Executive Comniittec were reinibutsed expenses in respect of Trnstee duties durin8 the ciirrent or th¢ prEVIOUS year. No member of the Exeeutive Committee or other person r¢lat¢d to the charity had any personal int¢r¢st ith any ¢ontrxt or transaction entered inio by lh¢ Charity during the ¢urrent 01 thr previou5 year.
Company Registration Number: 900502 12 B ABBEYFIE TAUNTON DEFENDAMUS S IETY LIMITED N(YfES TO THE NCIAL STATEMENTS YEAR ENDED 30 E 2023 TANGIBLE ASSETS reehold Land & Buildin FurnitUTe Northfield FixtUTes Total Cost At l July 2022 alld 30 June 2023 1,681.642 16.457 1,698,099 De reciation At l July 2022 and 30 June 2023 16,457 16.457 Net Book Value At l July 2022 30 June 2023 1.681.642 1.681,642 10 2023 2022 Pr¢paymethts 6.941 6,362 CREDITO Aniounts falling due within one year 2023 2022 Oiher cr¢ditor5 9.110 12,125
Company Regisiration Number.. 900502 13 THE ABBEYFIELD TAUNTON DEFENDAMUS SOCIETY LlkllTED NOTES TO THE FtNANCIAL STATEMENTS YEAR ENDED 30 JUNE 2023 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS Qenerdl Fund Redevelopment Fund Restricted Funds Total Fiinds 2023 Tttngible fLx¢d a55ets Curreni assets Currenl liabilitie5 1.041.210 172.280 (9,110) 640.472 1,681.642 175.889 19,110) 3.609 1.204.380 640,432 3.609 1.848.421 Genernl Fund Redevelopment Fund Restricteil Funds Total Fiinds 2022 Tangible fixed &ssets Curreni assets Curreni liabilities 1,041.210 150,133 (12,125} 640,432 1,681,642 150,133 112.125) .179.218 1.819.650 13 MOVEMENT IN FUNDS AL l July 2022 At 30 Jiine 2023 Jncoiiie Expenditure Unrcstrict¢d Funds Gencral Fuiid Redevelopment Fund Resiri¢t¢d Funds SCF Furihiiure Fund SASP Housing Fund F¢5tive Fund .179.218 640.4i2 261,839 236.677 1,204.380 fv10.432 3.609 1,868 400 3,6Q9 1,868 400 1.819.650 267.716 238,945 1.848.421 PURPOSE OF F DS This fiittd is a designated fiind of ihe cliarity and ha5 arisen froffl beqiiests made to the charity. WheTh Wds1OCk House ivas sold the funds generated by rhe sal¢ were irdnsferred to this resetve. SCF Furniture Fund This fund is a restricted fund aw2rded by Sofflerset Communiiy Foundaiion ¢0 repla¢e dining room tliaits hleh will liproVe the coinfon of residcnt5 and encourage them to enjoy meol times for longer due io th¢ sliders and ann resis. SA P HOsin Fund This fund has arisen from bequests made to Ihe charity by SASP. The grant is to Enable the Elderly to live well. by 115ing a SMART TV and resistance bands to compleic virtual exercise classes. Festive Fund Tlie fiind represents fuThJirtg foi residents ro attend la1 ¢vents at Chrisimas time. combaiiin8 loneliness.