Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
Company registration number: 01032349 Charity number: 263466
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Company, its Trustees and advisers | 1 |
| Trustees' report | 2 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 16 |
Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025
Trustees
Leonora Corden, Chair Roger Farrow, Trustee Aimee Hunt, Trustee Denise Knight, Trustee Theresa Ramsden, Trustee Irina Eltsova, Trustee Rebecca Waters, Trustee (appointed 7 November 2025) Nicholas Deakin, Trustee (resigned 16 June 2025) Andrew Owens, Trustee (resigned 2 May 2025)
Company registered number 01032349
Charity registered number 263466
Registered office Abbeyfield House 34 Somers Road Reigate Surrey RH2 9DZ
Accountants
Menzies LLP Chartered Accountants Magna House 18-32 London Road Staines-Upon-Thames Surrey TW18 4BP
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustees present their annual report together with the financial statements of the Company for the year 1 January 2025 to 31 December 2025. The Annual report serves the purposes of both a Trustees' report and a Directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Overview 2025 and forward look 2026
2025 was a stable year for Abbeyfield Reigate with a good occupancy rate and an established group of residents. We have continued with our structured marketing strategy to raise the profile of the house in the local community and further afield, involving regular open mornings, advertising in local periodicals, banner displays, our dedicated website and that of Abbeyfield England and the use of social media. We have been able to fill the room vacancies from a variety of sources including the use of a local letting agent
We were pleased to welcome two new residents to the house over the year following the departure of two residents to care homes. The house team continue to host regular coffee mornings and events for local groups, but the focus of the house is on its residents. Aside from ensuring that the house provides a warm, homely and safe environment, regular organised activities are arranged during the year including trips out for the residents, and visits from other local groups.
In 2025, we followed through on professional advice to install new pipework throughout the house as long term protection against Legionella. After substantial research and review particularly with a view to minimising disruption to residents, a contract was awarded to a local company to take out, replace and improve the existing water pipework for slightly under £40,000. These works will improve the safety of the house and are expected to reduce the ongoing running costs of the house. The works are expected to be completed in early 2026 and will be followed by completion of fire protection works in the basement of the house.
Looking forward to 2026, it is hoped that attention can be given to the redecoration/improvements to the main hallway, staircases and landings with the possible removal of further asbestos boarding at the top of the house. If funds allow, improvements and redecoration of one or two resident rooms may also be undertaken. The control of costs will continue to be in focus in 2026. Although energy costs are more stable these remain significantly higher than previously together with increasing employment and maintenance costs.
We remain very appreciative of the dedication of the house staff team both in relation to their responsiveness to the residents and their responsible management of the house itself. A new administration manager was appointed last April, and we welcome her to the management team of the house. Equally we are grateful to our bank team of staff and volunteers who unobtrusively support the residents and are an integral part of the ethos of the charity.
During 2025, Nicholas Deakin and Andrew Owens resigned as trustees/directors of Abbeyfield Reigate and we grateful for their dedicated work on behalf of the charity. We were pleased to welcome Rebecca Waters as a new marketing trustee/director in late 2025.
Constitution
Abbeyfield Reigate Society Limited is registered as a charitable company limited by guarantee. It was registered as a charity on 6 January 1971 and incorporated on 24 November 1971. The governing document is its memorandum and articles of association. These were modernised in July 2024 to reflect the current approach of the charity but essentially the original ethos of the charity has been maintained.
Charitable objects
Abbeyfield Reigate’s main purposes as set out in the objects contained in its memorandum of association are:
-
The provision and management of housing, accommodation or assistance for the relief of elderly persons of all classes, beliefs and nationalities.
-
To promote the relief of the elderly through shared activities, providing companionship and support to help residents, and older people in the wider community, to get the most out of their later years.
Page 2
Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Objectives and activities
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
The principal activity of Abbeyfield Reigate is the provision of affordable sheltered accommodation with a homely atmosphere for independent older people affording relief from loneliness and the stresses of running a home. There is an emphasis on companionship and community activities for the residents. More generally Abbeyfield Reigate seeks to align itself with the aims and principles of the Abbeyfield England Limited.
Abbeyfield Reigate is also involved In the Reigate community with local voluntary organisations and with other charities affiliated to the Abbeyfield England Limited
Abbeyfield House in Somers Road, Reigate, Surrey was originally acquired and converted into its current use in 1973 with most of the capital to finance the original project being provided by public funds. In 2018 the capacity of the house was increased by the conversion of the garage into an extra suite of rooms and from late 2020 the communal facilities of the house were substantially improved to provide a comfortable garden room, refurbished kitchen and dining room and improved layouts on the first and second floor of the house.
Abbeyfield Reigate continues to look for a greater involvement with the local community, reaching out to elderly and lonely individuals who would benefit from the support of the Abbeyfield Reigate community.
Recruitment and appointment of Trustees
The directors of the Company are also known as charity trustees for the purposes of charity law and under the Company’s articles are also known as members. They are elected to serve for a period of three years after which they must be reelected at the next Annual General Meeting. All directors/trustees give their time voluntarily and received no benefits from the Company/charity. Any expenses reclaimed by the directors/trustees are out in note 9 to the accounts.
New trustees are invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity. All trustees are periodically offered the opportunity to undertake further training relevant to the management of the house and charity.
Volunteers
Abbeyfield Reigate derives much benefit from a wide range of volunteers who support the house and the residents throughout the year. Activities of the volunteers include personal support to residents, resident shopping, resident outings, day to day assistance about the house and in the garden.
Financial Review
The results for the year are set out on page 6 to 15. The house was operated at 87.31% of capacity during 2025 and voids amounted to £29,459 (2024: £39,957).
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 reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Principal sources of funding
The Company is an independent charity and funds its charitable expenditure mainly through its charges to residents for accommodation and support services, but it also raises funding through legacies, donations, and other fundraising activities.
Principal risks to the operation of the Company/Charity
The Trustees have assessed the main risks to its operations as a substantial drop in occupancy levels within a short period; loss of income or increased cost of working as a result of being unable to use part or all the house for up to 3 months and unexpected essential and major maintenance or improvement works to the house.
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Reserves policy
The Trustees have examined its requirements for reserves in the light of the main risks to its operations. They have therefore established a policy whereby an emergency reserve of £50,000 should be maintained from unrestricted funds not committed or invested in tangible fixed assets and this equates to slightly under 4 months of expenditure. Charitable support expenditure in 2025 totalled £152,552. This emergency reserve is fully funded as at 31/12/25.
The Trustees have also adopted a policy that except in exceptional circumstances, expenditure on major projects should be funded only from excess net income (unrestricted) from earlier financial years. The Trustees have assessed that both reserves are needed to meet the working capital requirements of the Company and that at this level the Company would be able to continue its current activities in the event of a significant drop in funding for a reasonable period of time.
Statement of Trustees' responsibilities
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 fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgements and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) 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 Company
-
will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small Company Provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Leonora Corden (Chair of Trustees)
Date: 22-May-2026
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
Independent examiner's report to the Trustees of The Abbeyfield Reigate Society Limited ('the Company')
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2025.
Responsibilities and basis of report
As the Trustees of the Company (and its directors 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 under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts 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 matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report.
Signed: Dated: 22-May-2026
Janice Matthews FCA
Menzies LLP
Chartered Accountants Magna House 18-32 London Road Staines-Upon-Thames Surrey TW18 4BP
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025
| Note Income from: Donations and legacies 3 Charitable activities 4 Investments Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ - 202,490 1,538 204,028 152,552 152,552 51,476 831,492 51,476 882,968 |
Restricted funds 2025 £ 3,280 - 27 3,307 - - 3,307 1,353 3,307 4,660 |
Total funds 2025 £ 3,280 202,490 1,565 207,335 152,552 152,552 54,783 832,845 54,783 887,628 |
Total funds 2024 £ 1,866 182,183 1,532 |
|---|---|---|---|---|
| 185,581 | ||||
| 148,835 | ||||
| 148,835 | ||||
| 36,746 | ||||
| 796,099 36,746 |
||||
| 832,845 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 8 to 16 form part of these financial statements.
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee) REGISTERED NUMBER: 01032349
BALANCE SHEET AS AT 31 DECEMBER 2025
| Note Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Total net assets Charity funds Restricted funds 13 Unrestricted funds 13 Total funds |
4,355 159,416 163,771 (20,406) |
2025 £ 744,263 744,263 143,365 887,628 887,628 4,660 882,968 887,628 |
5,136 128,544 133,680 (18,679) |
2024 £ 717,844 |
|---|---|---|---|---|
| 717,844 115,001 |
||||
| 832,845 | ||||
| 832,845 | ||||
| 1,353 831,492 |
||||
| 832,845 |
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Leonora Corden (Chair of Trustees)
Date: 22-May-2026
The notes on pages 8 to 16 form part of these financial statements.
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. General information
Abbeyfield Reigate Society Limited is a private charitable company limited by guarantee incorporated in England and Wales. The address of the registered office is disclosed on the company information page. The members of the company are the Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The functional and presentation currency of the charity is GBP.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Abbeyfield Reigate Society Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 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 reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
2.3 Income
Income represents residential charges receivable net of rent losses from voids. All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
2. Accounting policies (continued)
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £2,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the following basis:
Fixtures and fittings - 10%
Depreciation is not charged on the property although depreciation of buildings is required by FRS102. The Society's property is maintained to a high standard of repair and its value is considered to be in excess of cost. As a result, any depreciation is considered to be immaterial.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
2.7 Pensions
The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. Income from donations and legacies
| Donations Total 2024 Income from charitable activities Residential charges receivable Non-residential charges receivable Total 2024 |
Restricted funds 2025 £ 3,280 1,866 Unrestricted funds 2025 £ 191,402 11,088 202,490 182,183 |
Total funds 2025 £ 3,280 1,866 Total funds 2025 £ 191,402 11,088 202,490 182,183 |
Total funds 2024 £ 1,866 |
|---|---|---|---|
| Total funds 2024 £ 171,383 10,800 |
|||
| 182,183 | |||
4. Income from charitable activities
5. Analysis of expenditure on charitable activities
Summary by fund type
| Support costs Total 2024 |
Unrestricted funds 2025 £ 152,552 148,835 |
Total 2025 £ 152,552 148,835 |
Total 2024 £ 148,835 |
|---|---|---|---|
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. Analysis of expenditure by activities
| Support Costs Total 2024 |
Support costs 2025 £ 152,552 148,835 |
Total funds 2025 £ 152,552 148,835 |
Total funds 2024 £ 148,835 |
|---|---|---|---|
Analysis of support costs
| Staff costs Depreciation Independent examiner's fees Bank charges Cleaning Compliance Council tax and water rates Gas and electricity Housekeeping Insurance Maintenance Office and other general expenses Professional fees Residents care Residents social expenses Affiliation and subscription fees Waste collection Marketing & Advertising Total 2024 |
Activities 2025 £ 70,174 2,192 4,380 205 765 442 4,082 12,467 12,959 5,373 22,791 2,037 1,884 3,985 1,430 5,082 661 1,643 152,552 148,835 |
Total funds 2025 £ 70,174 2,192 4,380 205 765 442 4,082 12,467 12,959 5,373 22,791 2,037 1,884 3,985 1,430 5,082 661 1,643 152,552 148,835 |
Total funds 2024 £ 58,798 2,422 4,110 202 1,130 458 3,734 12,978 11,523 4,441 32,166 1,964 3,151 3,662 1,262 4,484 642 1,708 |
|---|---|---|---|
| 148,835 | |||
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. Independent examiner's remuneration
The independent examiner's charge, excluding VAT, amounts to an independent examiner fee of £2,400 (2024 - £2,230) , and accountancy and other services of £1,250 ( 2024 - £1,195 ).
8. Staff costs
| Wages and salaries Contribution to defined contribution pension schemes |
2025 £ 69,254 920 70,174 |
2024 £ 58,063 735 |
|---|---|---|
| 58,798 |
The average number of persons employed by the Company during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Employees | 7 | 7 |
No employee received remuneration amounting to more than £60,000 in either year.
9. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
During the year ended 31 December 2025, expenses totalling £ 1,052 were reimbursed or paid directly to 3 Trustees (2024: 4 Trustees, £959) . The expenses reimbursed related to equipment, resident social expenses, maintenance expenses and staff gifts purchased on behalf of the Charity.
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
10. Tangible fixed assets
| Cost or valuation At 1 January 2025 Additions At 31 December 2025 Depreciation At 1 January 2025 Charge for the year At 31 December 2025 Net book value At 31 December 2025 At 31 December 2024 11. Debtors Due within one year Trade debtors Other debtors Prepayments and accrued income 12. Creditors: Amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
Freehold property £ 695,922 28,611 724,533 - - - 724,533 695,922 |
Fixtures and fittings £ 64,356 - 64,356 42,434 2,192 44,626 19,730 21,922 2025 £ - 69 4,286 4,355 2025 £ 2,673 8,754 8,979 20,406 |
Total £ 760,278 28,611 |
|---|---|---|---|
| 788,889 | |||
| 42,434 2,192 |
|||
| 44,626 | |||
| 744,263 | |||
| 717,844 | |||
| 2024 £ 38 25 5,073 |
|||
| 5,136 2024 £ 3,154 4,786 10,739 |
|||
| 18,679 |
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
13. Statement of funds
Statement of funds - current year
| Unrestricted funds Designated funds Major building works Refurbishment of hall/reception General funds General Funds Total Unrestricted funds Restricted funds Restricted Funds Total of funds |
Balance at 1 January 2025 £ 60,000 - 60,000 771,492 831,492 1,353 832,845 |
Income £ - - - 204,028 204,028 3,307 207,335 |
Expenditure £ - - - (152,552) (152,552) - (152,552) |
Transfers in/out £ (45,000) 30,000 (15,000) 15,000 - - - |
Balance at 31 December 2025 £ 15,000 30,000 |
|---|---|---|---|---|---|
| 45,000 | |||||
| 837,968 | |||||
| 882,968 | |||||
| 4,660 | |||||
| 887,628 |
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
13. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds Designated funds Major building works General funds General Funds Total Unrestricted funds Restricted funds Restricted Funds Total of funds |
Balance at 1 January 2024 £ - 794,304 794,304 1,795 796,099 |
Income £ - 185,581 185,581 - 185,581 |
Expenditure £ - (148,835) (148,835) - (148,835) |
Transfers in/out £ 60,000 (59,558) 442 (442) - |
Balance at 31 December 2024 £ 60,000 |
|---|---|---|---|---|---|
| 771,492 | |||||
| 831,492 | |||||
| 1,353 | |||||
| 832,845 |
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Tangible fixed assets Current assets Creditors due within one year Total |
Unrestricted funds 2025 £ 744,263 159,111 (20,406) 882,968 |
Restricted funds 2025 £ - 4,660 - 4,660 |
Total funds 2025 £ 744,263 163,771 (20,406) |
|---|---|---|---|
| 887,628 |
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Docusign Envelope ID: CA8B0411-0DBD-8646-8316-2937923C9AE9
THE ABBEYFIELD REIGATE SOCIETY LIMITED (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
14. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Tangible fixed assets Current assets Creditors due within one year Total |
Unrestricted funds 2024 £ 717,844 132,327 (18,679) 831,492 |
Restricted funds 2024 £ - 1,353 - 1,353 |
Total funds 2024 £ 717,844 133,680 (18,679) |
|---|---|---|---|
| 832,845 |
15. Contingent liabilities
At the year end date, the charity was committed to expenditure on the building works to a value of £15,000. The works are expected to be completed by the end of the 2026 financial year.
16. Related party transactions
The Company has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Company at 31 December 2025.
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