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|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|||
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|||||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|
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|||||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|
##
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|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|