2022-09-30-accounts

Reference and Administrative	Reference and Administrative	Details
Trustees' Report			2 to 5
Independent Auditors'	Report		6 to 8
Statement of Financial	Activities
Balance Sheet			10to 11
Statement of Cash Flows			12
Notes to the Financial	Statements		13to 23

		Th	e Abbeyfield Worcester and Herefo	e Abbeyfield Worcester and Herefo	e Abbeyfield Worcester and Herefo	rd Society L
			Reference and Administrative			Details
Trustees				Miss A England	(resigned	5 July 2022)
				Miss PJ Rayer
				G A Harris
				PS Kendal
				Dr S G King
				PCScaiff
Principal	Offic			Whiston Court
				20 White Ladies	Close
				Worcester
				WR1 1QA
Company	Registration		Number	00961985
Charity Registration		Number		259776
Solicitors				Harrison Clark Rickerbys		Limited
				5 Deansway
				Worcester
				Worcestershire
				WR1 2JG
Auditor				Ballards LLP
				Statutory Auditor
				Oakmoore Court
				11CKingswood	Road
				Hampton Lovett
				Droitwich
				Worcestershire
				WR9 OQH

				Unrestricted	Restricted	Total
			Note	funds f	funds f.	2022 F
Income and Endowments		from:
Donations and legades				8,996	2,950	11,946
Charitable activities				563,095		563,095
Investment income				1
Tote I Income				572,092	2,950	575,042
Expenditure on: Charitable activities			6	~585,363	2,331	587,694
Total Expenditure				~585,363	2,331	587,694
Net (expenditure)Rncome				~13,221	619	12,652
Net movement In funds				(13,271)	619	(12,652)
Reconciliation of	funds
Total funds brought	forward			2,405,013	9,655	2,414,668
Total funds carried	forward		20	2,391,742	10,274	2,402,016
				Unrestricted	Restricted	Total
			Note	funds f	fundsf	2021f
Income and Endowments		from:
Donations and legacies				7,404	3,562	10,966
Charitable activities				499,643		499,643
Investment income				4		4
Total Income				507,051	3,562	510,613
Expenditure on: Charitable activities			6	~594,556	2,337	596,893
Total Expenditure				(594,556)	(2,337)	(596,893)
GainsRosses on investment		assets		300,633		300,633
Net income				213,128	1,225	214,353
Net movement in funds				213,128	1,225	214,353
Reconciliation of	funds
Total funds brought	forward			2,191,885	8,430	2,200,315
Total funds carried	forward		20	2,405,013	9,655	2,414,668

									2022	2021
								Note	6	F
Fixed assets
Tangible assets								12	587,255	615,141
Investments								13	3,400,577	3,400,577
									3,987,832	4,015,718
Current assets
Debtors								14	10,760	7,033
Cash at bank	and	in hand							183,408	194,069
									194,168	201,102
Creditors: Amounts			falling due		within one year			15	~104577	,~97,046
Net current	assets								89,591	104,056
Total assets	less	current		liabilities					4,077,423	4,119,774
0 dtl:4		t	I 19	dd	It	th	7	16	~1675407,	~1,705706
Net assets									2,402,016	2,414,668
Funds ofthe charity:
Restricted funds									10,274	9,655
Unrestricted	Income		funds
Unrestricted	funds								2,391,742	2,405,013
Total funds								20	2,402,016	2,414,668

				2022	2021
			Note	F
Cash flows from operating activities
Net cash (expenditure)/income				(12,652)	214,353
Adjustments to cash flows from non-cash		items
Depreciation				35,938	38,184
Interest received				(1)	(4)
Interest payable Revaluation of Investments				65,590	65,978 ~300,633
				88,875	17,878
Working capital adjustments
(increase)/decrease in debtors			14	(3,727)	6,051
Increase in creditors			15	6,355	6,488
Net cash flows from operating	activities			91,503	30,417
Cash flows from investing activities
Interest receivable and similar	income		5	1	4
interest payable Purchase oftangible fixed assets			12	(65,590) ~5,052	(65,978) ~6,642
Net cash flows from investing	activities			(73,641)	(72,916)
Cash flows from financing activities Repayment of loans and borrowings			15	~2II,523	~27,364
Net decrease in cash and cash equivalents				(10,661)	(69,863)
Cash and cash equivalents at	1 October			194,069	263,932
Cash and cash equivalents at	30 September			183,408	194,069

				Unrestricted
				funds
					Restricted	Total	Total
				General f	fundsf	2022f	2021f
Donations and legacies;
	Donations	from Individuals			2,950	2,950	3,562
Other income from donations			and
legacies				8,996		8,996	7,404
				8,996	2,950	11,946	10,966
4	Income	from charitable	activities
					Unrestricted
					funds
						Total	Tots I
					General	2022	2021
					6		F
	Service charge income				361,116	361,116	274,006
	Income from lettlngs				206,979	206,979	231,133
					568,095	568,095	505,139

Unrestricted
funds
	Total	Total
General	2022	2021
E	6	6

Interest receivable and similar income;
Interest receivable on bank deposits

6 Expendit	ure on ch	aritable act	ivities
			Unrestricted
			funds
				Restricted	Tots I	Total
			General	funds	2022	2021
		Note	6	6		6
Governance	costs	7	585,363	2,331	587,694	596,893

				Unrestricted
				funds
					Restricted	Total	Total
				General	fundsf	2022 6	2021 F
Staff costs
Wages and salaries				236,630		236,630	226,242
Social security costs				8,318		8,318	5,933
Pension	costs			8,624		8,624	9,354
Audit fees
Audit of	the financial	statements		10,830		10,830	7,850
Staff and trustee expenses				6,078		6,078	5,963
Legal and	professional	fees		3,894		3,894	7,798
Marketing	and publicity			4,686		4,686	26,404
Depreciation, amortisation			and
other similar costs				35,426	512	35,938	38,185
Other governance costs				270,877	1,819	272,696	269,164
				585,363	2,331	587,694	596,893

Net income/(e	xpenditure) for the year is stated after	charging/(crediting):
		2022f	2021 8
Audit fees		10,760	7,850
Depreciation	offixed assets	35,938	38,185

10Staff costs The aggregate payroll costs were as follows;
	2022	2021
	F	F
Staff costs during the year were:
Wages and salaries	236,630	226,242
Social security costs	8,318	5,933
Pension costs	8,624	9,354
	253,572	241,529

chari	ty during the year expressed as full ti	me equivalents was as follows:
		2022		2021
		No		No
Full	time		1		1
Part	time		15		14
			16		15

11Auditors'	remuneration
		2022	2021
		8	8
Audit of the	financial statements	10,830	7,850

12Tangible fixed assets	12Tangible fixed assets
			Furniture
		Land and	and
		buildings f	equipment f	Total 6
Cost
At 1 October 2021		523,840	389,853	913,693
Additions			8,052	8,052
At 30 September	2022	523,840	397,905	921,745
I3epreclatlon
At 1 October 2021		57,750	240,802	298,552
Charge for the year		10,500	25,438	35,938
At 30September	2022	68,250	266,240	334,490
Net book value
At 30September	2022	455,590	131,665	587,255
At 30September	2021	466,090	149,051	615,141
13Fixed asset	investments
			2022	2021f
Investment prop	erties		3,400,577	3,400,577

						Investment
						properties
						E
Cost or Valuation
At 1 October 2021						3,400,577
Provision
At 30September		2022
Net book value
At 30September		2022				3,400,577
At 30September		2021				3,400,577
14Debtors
					2022	2021
					E	E
Trade debtors					8,918	5,497
Prepayments					1,842	1,536
					10,760	7,033
15Creditors:	amounts		falling due within	one year
					2022	2021
					E	E
Bankioans					29,699	28,523
Trade creditors						3,228
Other taxatlon	and social		security		41,854	34,541
Security deposits					12,055	11,755
Accru ala					20,969	18,999
					104,577	97,046

20 Funds
										Balance at
										30
			Balance	at 1	Incoming		Resources			September
			October	2021	resources		expended			2022
			8			8		F		F
Unrestricted	funds
General Restricted	funds		(2,405,013) ~9,685		(572,092) ~2,950			585,363 2,331	(2,391,742) ~70,274
Total funds			~2,474,668		~578042		,	587,694	~2,402,016
										Balance at
		Balance at						Other		30
		1 October		Incoming		Resources		recognised		September
			2020 8	resources 8		expended		gains/(losses) f		2021 8
Unrestricted	funds
General Restricted	funds	(2,191,885) ~8,430		(507,051) ~3,562		594,556 2,337		(300,633)		(2,405,013) ~9655
Total funds		~2,200.315		~510,613		596,1193		~300,633		~2,414668

21 Analy	sis o	f net assets between f	unds
			Unrestricted
			funds
				Restricted
			General	funds	Total funds
Tangible	fixed	assets	585,893	1,362	587,255
Fixed asset investments			3,400,577		3,400,577
Current	assets		194,168		194,168
Current Creditors	liabilities over 1 year		(104,577) ~1,675,407		(104,577) ~7,675,407
Total net assets			2,400,654	1,362	2,402,016

							Total	Total
							2022	2021
						Note	6
Income and Endowments			from:
Donations							2,950	3,562
Other income							8,996	7,404
Income from lettings							187,801	164,257
Service charge income							375,294	335,386
Interest on cash deposits							1	4
Total Income							575,042	510,613
Expenditure on:
Wages and salaries							(236,630)	(226,242)
Staff NIC (Employers)							(8,318)	(5,933)
Staff pensions (Defined	contribution)						(8,624)	(9,354)
Staff and trustee expenses							(6,078)	(5,963)
Rates							(3,959)	(7,785)
Water rates							(7,300)	(7,874)
Light, heat and power							(51,864)	(49,351)
Insurance							(21,852)	(15,570)
Repairs and maintenance							(41,470)	(38,227)
Telephone and broadband							(3,941)	(3,753)
Membership fee							(15,933)	(13,212)
Sundry expenses							(4,016)	(4,707)
Sundry expenses							(1,819)	(1,749)
Catering and cleaning							(44,188)	(46,687)
Marketing and publicity							(4,686)	(26,404)
The audit ofthe charity's		annual		accounts			(10,830)	(7,850)
Legal and professional	fees						(3,894)	(7,798)
Irrecoverable VAT							(10,434)	(13,969)
Bank charges							(330)	(302)
Interest payable							(65,590)	(65,978)
Depreciation offreehold	property						(10,500)	(10,500)
Depreciation of plant and		machinery					(11,952)	(10,975)
Depreciation offixtures	and		fittings				(12,974)	(16,122)
Depreciation offixtures	and		fittings				512	588
Total Expenditure							(587,694)	(596,893)
Realised gains/losses on		investment			assets			300,633
Net (expenditure)/income							12,652	214,353
Net movement in funds							(12,652)	214,353
Reconciliation offunds
Total funds brought forward							2,414,668	2,200,315
Total funds carried forward						20	2,402,016	2,414,668