Register&d number= 1048360
Charity number= 263954
ACORN VILLAGES LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
￿￿r.7 k..IlJ4e

ACORN VILLAGES LIMITED
IA company limited by guarantee)
CONTENTS
Page
Reference and adminlstratlvè d•tall$ of lh• Charlty, Its Trustees and advisers
Trustees. r•port
Independent audltor's report on the flnancial statements
Consolidated statement of financial activities
2-13
14-17
18
Consolidated balance sheet
19
Charity balance shagt
20
Consolldated statement of cash flows
21
Not8s to thè flnan¢ial $tatements
22-41

ACORN VILLAGES LIMITED
{A ¢ompany IiTnited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
Mr J Whittakèr, Chair
Mr C Daines
Mrs 8 Eyers, Vice Chair
Mr J Gray
Rev D Lang
Mr J M¢Elhinney (appointed 6 September 20241
Mrs J Owens
Mrs E Shields
Mr B Ta￿Or
Mr D Willis
Company registered
number
1048360
Charity registered
number
263954
R&glstèr8d office
Acorn Villages Limited
Mistley Hall
Cla¢lc>n Road
Mislley
Manninglree
Essex
C0112NJ
Company secretsry
Carfy Cridland
Chief executlve offl¢er
Michelle Cook
Independent auditor
Griffin Chapman
4 & 5 The Cedars
Apex 12
Old Ipswi¢h R08d
Colchesler
Essex
C07 7QR
Bankors
Lloyds Bank
27 High Street
Col¢h&st&r
C01 1DU
Solicitors
Ellisons
Sledm8n Ch8mbers
43 Head Street
Colchester
Essex
C01 1NH
Page 1

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Report of the trustees for the year ending 31 March 2025.
The trustees are pleased to present their annual directors, report together with the consolidated financral
statements of the charity and It5 subsidiaries, for the year ending 31 March 2025 which are a150 prepared to meet
the requirement5 for a directors, report and account5 for Companies Act purposes.
The financial statements comply with the Charities Art 2011, the Companies Act 2006, the Memorandum and
Articles of Association, and the charitie5 Statement of Recommended Practice (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepLJblic of Ireland,.
FRS 1021 issued in October 2019.
Chairfs report
Having achieved a small Surplus in 202312024, we moved into the new year feeling very positive despite having a
third consecutive increase in National Minimum Wage, larger than anticipated.
We were looking to be more pro-artive even with a planned budget deficit with everyone working towards
minimi5ing thi5 deficit.
Having closed Trinity House in Manningtree High Street, we reviewed the possibilities for this building now only
housing our town centre Charity Shop. Sadly, all the plans when costed proved to be too expensive for us to
undertake and it was agreed that we should sell the property in its entirety.
Another house, 138 Long Road also became empty and despite massive efforts by our care staff, variou5 reasons
limited our placing for two new residents and as it made the property unviable, it was also agreed to sell this
property. Both of these properties are currently under offer.
A review of Mistley Hall was completed and clearly this listed building requires updating to bring it back into use,
other than as a very expensive administration block. It Is apparent that it cannot corlle into use as any form of
residential accommodation but we may be able to Use it to crÈatÈ space for our Day SeNices which, pleasingly, is
operating as we had hoped.
The initial step is to create disabled access, a development that has been considered and explored for many years.
We then had an issue with the heating system requiring approximately £60,000+ for a replacement boiler. Whilst
undertaking this work, we needed scaffolding erecting and took advantage of this to inspect the roof and the
report shows some very expensive repairs and renewals are necessary.
Clearly any monies generated by the two property sales are already in demand.
We continue to be grateful and appreciative of 311 of our staffing teams, a11 working hard to achieve our goals. The
terrn5 and conditions of our staffing team5 remain a priority as well as creating an environment where their
wellbeing is paramount.
The Trustees are settled and the sub-committee structure enables everyone to be better informed. We
appointed a new trLJStee this year whose skill set and knowledge is in accounting and auditing, and he has
brought his experience in to greater improve our financial planning.
Page 2

ACORN VILLAGES LIMITED
IA company limited by guaranteel
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
The opening of the Walled Garden Café for a seven-day week has seen some improved visitors, numbers and
sales, we remain vigilant to monitoring it5 progress 8nd identify that whi15t the offering for customers has been
hugely successful, we mLJSt aim to balance this alongside the financial impact of running this Service.
The Charity Shops closed after Christmas, whilst internal works were carried out. We have taken on some paid
staff and re-opened both the High Street and on-site shops. We are affected by the nationwide difficulties in
recruiting customer facing volLJnteers. However, we continue to welcome those who wish to give their valuable
time to support us with these ventures.
Whilst direct retail is proving difficult, we had seen a growth in on-line 5ale5 and are working hard to expand this
operation.
Like all other care homes, however we move in to 202512026 with the latest government increases- both in
National MinimLJm Wage and National Insurance contributions. The stark figures are we will need approximately
£350,0(JO additional income to meet these new costs without any increzsed spending in any other area5. We will
work hard to mitigate thi5 where possible but there is no doubt that without real recognition of social care and its
complexitie5 from central government, we will be entering another challenging year related to funding.
However, it is pleasing to report a small surplus again at the end of this 202412025 year, a reflection of the hard
work of senior management teams and our wider care and non-care staff. The Acorn mission of Life is for Living
continue5 to thrive despite the challenges faced and that is thanks to the hard work, commitment and SLJPPOrt
from our staffing teams, volunteers, families and dedicated sUPPOrters.
John Whittaker
Chair
Page 3

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Our purposes and activities
Our charitws purpose as set out in the objects contained in the company'5 memorandum of association is to
provide for..
The relief of those in need by reason of learning disability by all or any of the following..
Promoting beneficiafies physical or mental health
Meeting beneficiaries religious or spiritual need5
Advancin8 the education of beneficiaries.
To accomplish these aims we.. -
Provide care in permanent homes Wlthin a village community for adu1t5 Wlth learning disabilities and
assOCl3ted problems where they can be supported.
Support beneficiarie5 to enjoy the benefits of a family life
Support beneficiarie5 to develop and achieve their full potential
Provide these benefits to adult5 Wlth learning disabilities and associated problems living in the wider
community.
The vision that shapes our activities remains the promotion of good care and the maximi5ation of the potential
for all our residents and tenants.
The charity also has the general aim of contributing to the quality of life of the people in the local area by creating
d3y care opportunities for those in need of them.
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity
Commission's guidance on public benefit, including the gLJidance 'public benefit.. running a charity IP821' The
Village relies on donations both cash and saleable items to help cover any deficit in operating costs and to fund
villager activities.
In normal circumstances we endeavour to encourage everyone in the local community to take part in our
activities. attend our events and SUPPDrt our charity and cafe.
The strategie5 employed to achieve the charity's aims and objectives are to facilitate the following activities=
Social interaction:
Social interaction is encouraged not only within the Village community but by interaction with other
societies such as "Harwich Sing" Musement, Red Rose Theatre Group, Sport for Confidence, Wheels for
All and Essex and Suffolk Community Rail project, social opportunities via day services such as outings
and trips and a monthly resident5 and tenants meeting with the CEO. The meetings have developed intD
several social occasions including group meals and Halloween celebrations, camping activities and a
Summer fun day.
Learning new Life skills,.
The Strover Centre 15 proving very popular especially for baking and learning to make individual or group
mea15. A breakfast club is well attended.
Page 4

ACORN VILLAGES LIMITED
IA Company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Crafting in numerous forms,.
These include painting, weaving, model making, furniture upcycling.
Gardening and Horticulture,.
With our own polytLJnnels and allotment5 this is a popular artivity with residents as is the maintenance of
the garden area outside the houses. Produce 15 Used within the houses and Thè Walled Garden café and
s part of the cooking sessions. It is also sold to the general public onsite.
Education,.
Supported attendance at college, workshops within our Day services centre providing skills and
knowledge
Artive Leisure/Relaxation
As well as a visiting fitness instructor, sailing classes facilitated by volunteers of the Wolverstone Trust
are popular. A regular reflexology 51ot is well received. Pilates classe5 have been well attended and
enjoyed. Wheels for All sessions provide regular cycling sessions bringing chances for exercise and
meeting up with other people.
Entertainment..
Music in all forms is popular and playing instruments and performing 15 encouraged. DiscDS and parties
are always well attended. Harwich Sing and Musement continue to provide regular sessions that are well
attended. Acorns Got Talent made a welcome return in October and this showcased the many talented
people living and working with us.
Use of facilities within by the local community,.
Popularity of the Walled Garden cafe continues to increase with pleasing social media interaction and
new visitors as well as regular returners. It has a150 provided work experience opportunitie5 for service
users. Together with the onsite charity shop, it attracts people from the local community to V151t the site
and encourage more social interaction. We were very pleased to introduce weekend opening which
increases the opportunitie5 for visitors as well as for those living with us meeting up with family and
friends.
Our volunteers
The Trust is part of the local community. with some tenants living in Manningtree itself. The Trust relies on
voluntary help and besides those regularly helping in the charity shops as well as sorting and selling donated
goods, we also have volunteers regularly helping in the craft centre with its numerou5 activities. Fundraising in its
many form5 is an important part of our income. The selling of donated goods raised £80,712 sales in the year
ending March 2025 and this would not be possible without the a5SlStance of our volunteers and our profound
thanks go to all of them. We have strengthened our volunteer support SVStems with regular social meeting5 as
well as an updated induction and training schedule. The Trustees/Directors are also volunteers and do not receive
3 salary, all volunteering their time, and although expenses would be available if needed, no expenses have been
claimed again this year.
Page S

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Achievements and performance
The continued development of our wellbeing services ha5 been a huge success with many staff and volunteers
utilising the opportunities as well as the celebration of many initiatives across the year. This has included more
mental health first aiders being trained a5 we15 as strengthening mandatory training se5510n5 related to mental
health and suicide prevention. WÈ have celebrated a number of national initiatives including Endometriosis day
with our own inhouse champion for this subject. Our annual homemade soup day was yet again a popular and
healthy initiate bringing the teams together through photos of each creation as well as a nutritious lunch for
everyone.
Our wellbeing pod and counselling service remains well received, an opportunity for staff to seek advice about a
range of concerns whether related to work or otherwise. Our in-house counsellor 15 available to see people who
require a range of support.
We value this Service immensely and the introduction of our 3-year wellbeing strategy has strengthened the
direction for the team and offer for staff and volunteers.
Grant funding ha5 SUPPOrted the Reiki, Pilates and Meditation and ha5 been well received.
The Lottery Heritage project continued with apple pressing days and people undertaking the heritage walk. The
kitchen garden provided a peaceful and cool place to work and relax.
We successfully implemented a fully digital care panning system within OLJr care services leading to greater
efficiency and accuracy.
We continue to be immensely proud of our staffing teams for their hard work, commitment and kindness. Long
service awards are just one indicator of the dedication of our teams. Retention of our teams remains our priority.
Grant funding has enabled a large amount of improvement work acros5 our residential and supported living
properties as well as the ongoing and very necessary budget to upgrade and maintain an ever-aging property
portfolio.
Mistley Hall boiler was replaced and our thanks go to the teams that were patient during the colder month5
whi15t this was arranged.
A review of our property portfolio was undertaken and the difficult decision to sell Trinity House and later
another property were made. This was after many discussions as to how they could be better utilised but without
success.
Page 6

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Financial review
The large increase in minimum wage was a challenge on the service when the annual OA increase from local
authorities did not always meet this. This alongside rising costs and the increasing number of councils in financial
difficulties, has meant that budget and Spending control has been a priority.
Filling any void5 in our seNice continue5 to be of utmost importance and we still have a healthy amount of
interest via our expression of interest list.
Social care continues to face considerable challenges and the impact of this is felt by the care service when trying
to have timely and effective communications and negotiation5 Wlth some of the local authorities.
A greater emphasi5 on applying for grants has meant that outstanding projects can be achieved to improve or
maintain our groLJnds and facilities and enhance the lives of adults with learning disabilities by improving our day
services equipment and wellbeing optlOn5.
The continued review of our trading subsidiaries aims to maximise funds to benefit the charity. The expanded
online sales opportunities has been positive and we predict growth within this department. We are now
equipped to apply Gift Aid to our items donations where we can.
A greater emphasis on digital marketing will help to promote to service5 we have that can generate income.
We hope to have 3 successful 58le of sadly surplus to requirement'5 properties and aim to use these fynds to
further develop the existing services where required.
Investment powers and policv
Investment Pollcy
The continLJing financial constraints on local authority funding and the general difficulty in fund raising dictates
that there is an increased need to maximi5e income from all sources including the reserves. Thè org3nisation .5
reserve policy is to ensure there is a minimum of threè month'5 community running costs in a cash reserve. This is
in the region of £1,141.110 and was historically held in banked fund5.
The trLJStees remain cognisant of the risk to capital but are prepared to take a low to medium risk stance to
achieve their aims. The portfolio rema1ns In funds specifically set up for charity investments and is diversified over
a number of funds, managers and assèt classes.
Page 7

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Reserves policy and going concern
The board has examined the charity's requirements for reserves in the light of the main risks to the organisation.
It has established a reserve policy to ensure there is a minimum of three month's community running costs in
unrestricted funds in 3 cash reserve. This is to cover the eventuality of short-term funding interruptions to cash
flow or long-term funding loss and enable residents to be relocated to different carers Without the need for
undue haste and the associated trauma that would entail. The average monthly running cost for the year 2024125
were £380,370 indicating that reserve5 should be in the order of £1,141,110 As of 31 March 2025, liquid reserves
stood at £1,591,569 including £890,408 of readily available investments. Whilst the trustees have no immediate
concern with regard to solvency, there is a continuing need reduce the reliance on donation5 and discussions with
our commissioners are ongoing. It should be noted that the financial pressures faced by local authorities impacts
greatly on the negotiations required.
Plans for future
Our plans for year 25126 include
Introduction of a new website
The publishing of our new strategic document and first impact report.
A 3-year strategy for day services
A review of payroll and HR service systems
A review of use and efficiency of Mistley Hall including addressing any works to be carried out.
Introduction of the new waste recycling for business laws.
The celebration of our 50, anniversary
Reference and administrative details
Charity number.. 263954
Company number.. 1048360
Registered Office.- Mi5tley Hall, Clacton Road, Mistley, Manningtree. Essex, COII 2NJ
Our advlsers
Bankers.. Lloyds Bank plc, 27 High Street Colchester Essex COI IDU
Solicitors.. Ellison5. Stedman Chamber5, 43 Head Street, Colchester, COI INH and Sparlings, 13 High Street
Manningtree. COII IAQ
Auditors.. Griffin Chapman, 4 & 5 The Cedars, Apex 12, Old Ipswich Road. Colchester, Essex, C07 7QR
Dire¢tors and trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees
and officers serving during the year and since the year end were as follows=
The Trustees of the Charity, who Bre the Directors for the purposes of company law. and who served throughout
the year and up to the date of this report were..
Page 8

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRU5TEES' REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Mr J Whittaker- Chair
Mrs B Evers- Vice Chair
Mrl Gray
Mrs J Owens
Rev D Lang
Mr C Daines
Mr Dwillis
Mr B Taylor
Mrs E Shields
Mr J McElhinney106.09.241
Key management personnel:
M Cook - Chief Executive
C Cridland - Company Secretary
G Balls- Operations Manager
T Cox- Senior Registered Manager with special responsibility for care service
S Gunn- Head of Finance
M Sear- Head of Human Resources
A Stutter- Head of Facilities
K Buxton- Head of Communications & Income Generation
Structure, Governance and Management
Governing Document
The Charity is a company limited by guarantee, incorporated on 5 April 1972. The Company was established under
a Memorandum and Articles of Association which was revised and updated during year ending 31 March 2012 to
cater for changes in company law ènd to simplify the management of the Charity. The objects and eth05 of the
Charity however were deliberately left unaffected by the updated Memorandum and Articles of Association
which remains the governing document. In the event of the Company being wound up the members are liable for
an amount not exceeding £10.
Appointment of trustees
Trustees of the Charity are company directors for the purposes of company law and form the Management Board.
One third of the Trustees retire by rotation each year, after which they can be re-elected at the next annual
general meeting. The nature of the Charity's work focuses on care of adults with learning disabilities,. the Trustees
ensure that the need5 of this group are appropriately reflected in the diversity of the Management Board
composition. To date the Management Board has been succe55ful in recruiting new members through their own
networking and local knowledge. The ongoing bu5ine55 operation and specific skills required for working with
people with learning disabilities are well represented on the Management Board, To obtain an essential skill mix
and to 8void particular skills being lost due to retirement, individuals are approached to offer themselves for
election or re-election to the Management 803rd.
Page 9

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Trustee induction and training
New Trustees are made aware of their legal obligations under charity and company law, the Charity Comrni5sion
guidance on public benefit, and inform them of the content of the Memorandum and Articles of Association, the
committee and decision-making processes. They are given a thorough briefing on the work of the Charity. its
current business plan and financial position plu5 a tour of the operational activities. These are jointly led by the
Chair and Chief Executive of the Charity.
Organisation
The Board of Trustees meets at least quarterly and deals with the overall strategic direction and policy of the
Charity. The Board has appropriate sub-committees with defined terms of reference and including member5 of
the management teams to further understand and develcip our vision and aims for the Charity. The sub-
committees are charged with reporting to the main board on their particular areas of responsibility. The
committees are..
Finance, Risk and Rerlluneration
Health & Safety, Procurement and Premises
Personnel
Communication and Income Generation
• Care. Safeguarding and Care Quality Commission Compliance
The everyday managernent of the village is delegated to the Chief Executive alongside the manager5 who
supervise the day-to-day running of the Village Community, including the Supported Living Communities. The
overall responsibility for operational activities is delegated to the Chief Executive and Senior Management Team
including budgeted finance and compliance.
ALJthorisation for non-budgeted capital spending remains with the Board. The responsibility for ensuring that staff
receive appropriate training in line with Care Quality Cornmission requirement5 and standards, including Health
and Safety at work. lies with the Operations Manager and the Senior Registered Manager.
Key Management Personnel
The Charity considers its key management perstsnnel to be the Chief Executive Officer, the Operations Manager,
The Senior Registered Manager, Head of Finance, Head of Human Resources, Head of Facilities and Head of
Communication5 & Income Generation.
Related parties and co-operation with other organisations
None of our trustees receive remuneration or other benefit from their work with the charity. Trustees and close
contacts are rsot allowed to be erriployed directly by the company and any financial interest which may potentl8lly
impact any decision must be declared.
Page 10

ACORN VILLAGES LIMITED
IA ¢ompany limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Pay policy for senior staff
The remuneration package of the CEO is negotiated with the trustees directly. Remuneration of members of the
senior management team, which are considered by the trustee5 to be the CEO'S direct reports, are negotiated
with the CEO on an individual basis and agreed with the trustees.
Risk management
The Management Board constantly reviews any major risks to which the Charity may be exposed, taking
measures to alleviate such ri5k5 where appropriate.
A Risk Register has been developed which is reviewed at the quarterly board meetings and updated and amended
as deemed necessary.
Policies and controls are updated and amended as regulations require or improvements are deemed beneficial.
A rese￿eS policy 15 in place to cover any major detrimental financial event. The minimum level of the reseNes is
set at three times the average monthly running cost of the service.
Wage inflation is the perhaps the least controllable risk. An increè5e in the minimum wage 15 no more than the
staff affected deserve and whilst such increases are not aimed at staff in highèr wage brackets, they do have an
irnpact on those staff ￿eMberS wages in order to maintain a pay differential. That means that tight budgetary
settlements implemented by local authorities do not always cover the increased costs of wage inflation. The
seriousness of underfunding and low priority afforded to Social care in the political arena represents a major risk
not only to Acorn bLrt to the sector in general.
All care facilities are registered with the Care Quality Commission.
Procedures are in place and regularly reviewed to ensure compliance with legislation. The Quality Assurance
system is monitored and updated to ensure it meets people's needs. Results of Care Quality Commission and local
authority inspections indicate that the Quality Assurance system is working but we are mindful of the need to be
vigilant to ensure standards arè maintained.
Our approach to fundraising activities
As a charity we comply with and support the expectation5 of the charity COrnm15510n, the regulator of charities in
England and Wales, and operate in a way which protects the charity's reputation and encourages public trLJSt and
confidence in the charity. This include5 following the law and recognised standards, protecting the charity from
undue risk, and showing respect for donors, supporters and the public.
We are pleased to receive donations and legacies from supporters and donated good5 for sale in our charitv
shops and online activities. We also appreciate the support of the public at fund raising event5,
We do not have the resources to hold our own fundraising events and are extremely grateful to those people who
wish to fundraise on our behalf with full support given to showcase and celebrate their event and achievement5.
We continue to priorit15e grant applications, corporate support and growing our trading subsidiaries to raise
income for the charity.
Page 11

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Trustees, responsibilities in relation to the financial statements
The charity trustees (who are also the directors of the Acorn Villages Limited for the purposes of company lawl
re responsible for preparing a trustees, annual report and financial statements in accordance with applicable law
and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice).
Company law requires the charity tru5tee5 to prepare financial statements for each year which give a true and fair
view of the state of affairs of thè charitable company and the group and of the incoming resources and
application of resources, including the income and expenditure. of the charitable group for that period. In
preparing the financial statements, the trustee5 are required to:
select suitable accounting policies and then apply them consistently..
obseNe the methods and principles in the Charities SORP..
make judgements and e5tirnates that are reasonable and prudent,.
State whether 3ppli¢able UK accounting standards have been followed, SLJbject 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
charity will continue in busine5S.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anv
time the financial position of the charity and to enable them to ensure that the financial statements comply with
the Companie5 Act 2006. They are also responsible for 58feguarding the assets Of the charity and the group and
hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are
responsible for the maintenance and integrity of the corporate and financial information included on the
charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of
financial statements may differ from legislation in other jurisdirtions.
Statement as to disclosure to our audltors
In so far as the trustees are aware at the time of approving Dur tru5tees' annual report..
there is no relevant information, being information needed by the auditor in connection with preparing their
report, of which the group's auditor is Ljnaware, and
the trustees, having made enquiries of fellow directors and the group's auditor that they ought to have
individually taken, have each taken all steps that helshe is obliged to take as a director in order to make
themselves aware of any relevant audit information and to establish that the auditor is aware of that
information.
Auditors
The auditors Griffin Chapman have indicated their willingness to continue in office. The designated Trustee will
propose a meeting re-appointing the auditors at a meeting of trustees.
Page 12

ACORN VILLAGES LIMITED
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDING 31 MARCH 2025
Approved by order of the members of the board of trustees on
behalf by,.
and signed for on their
I Whittaker (Chairl
Page 13

ACORN VILLAGES LIMITED
IA company limited by guaranto0}
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACORN VILLAGES LIMITED
Opinion
We have audited the financial slalemenls of Acorn Villages Limited (the 'parent ¢haritable companll 8nd its
subsidiaries (the 'group'l tor the year ended 31 March 2025 which comprise the Consolidated slalemenl of
financial activities, the Consolidated balance sheet, the Charity balance sheet, the Gonsolidaled slalement of
¢ash flows and the related notes, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Fin8n¢ial Reporting Standard applicable in the UK
and Republic of Ireland, Iunited Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial statements..
give a true and fair view of the slate of the Group's and of the p8rent charitable ¢ompanls affairs 8$ al 31
March 2025 and of the Group's incoming resources and application of resources, including its in¢ome and
expenditure for the year then ended.,
have been property prepared in accordance with Un(ted Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under Ih05e standards are further des¢Tibed in the Audito¢s ￿spOnSIbl1111eS for the audit
of the financial slalemenls section of our report. We are independent tsf the Group in a¢¢ordan¢e with the ethi¢al
requirements that a￿ relevant lo our audit of the financial statements in the United Kingdom, including the
Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing thè financial staternents, we have concluded that the Trustees. use of the going con￿r￿ basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubl on the Group's or the parent charitable
¢ompanls ability to conlinLJe as a going concern for a period of al least ￿e1ve months from when the financial
slalernenls are aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees with ￿Sp￿¢t lo going concern are described in the
relevant sections ol this report.
Page 14

ACORN VILLAGES LIMITED
IA ¢ompany limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACORN VILLAGES LIMITED ICONTINUED)
Other information
The other infomiation comprises the information included in the Annual report other than the financial stalemenls
and our Auditor's report thereon. The Trusteès are rttsponsible for the other information contained within thè
Annual report. Our opinion on the financial slal8ments does not cover the other information and, excepl to the
extent otherwise explicitly stated in our Teport, we do not express any form of assurance conclusion thereon. Our
sponsibilily is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the ¢ourse of the audit. or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatéments, we are required to dtslermine whether this gives rise lo a material misstatement in the financial
statem8nls thernselves. If, based on the work we have performed, we conclude that there is a material
misstatem&nt of this other information, we are required to report that fact.
We have nothing lo report in this regard.
Opinlon on oth¢r matters prescribed by the Companie$ Act 2006
In our opinion, basgd on the work undertaken iri the course of Ihe audit."
the information given in the Trustees. report including Ihe Strategic report for the financial year for which
the financial statements are prepared is consislenl with the finan¢ial statements.
the Truslges. report and the Strategic repDrt havo been prepared in accordance with applicable legal
requirements.
Matters on which we are required to report by ex¢•ption
In the light of our knowledge and understanding of the charitable company and its environment obtained in the
course of Ihe audit, we havo not identified materia1 misststemenls in the Trustees, report inclkjding the Strategic
report.
We have nothing to report in respect of the following matters in relation lo which Companies Act 2006 requires
us lo report lo you if, in our opinion..
the parent charitable company has not kept adequate and suffici&nt accounting records, or returns
adequate for our audit have not been received from branches not visited by us., or
the parent chari18ble company financial ststements are not in agreement with the accounting records and
returns., or
certain di5¢1osures of Trustees, remuneration specifigd by law are not made., or
we have not received all the information and explanations we require for our audit.
Page 15

ACORN VILLAGES LIMITED
IA company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACORN VILLAGES LIMITED ICONTINUEDI
Responsibilitios of trustaès
As explained more fully in the Trustees, responsibilities siatement, the Trustees (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial
statemonts and for being satisfied that they give a Iruts and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial ststem8nls that are free from material
misslalemenl, whether due to fraud or error.
In preparing the financial slalemenls. the Trustees are responsible for assessing the Group's and the parent
charitable companls ability lo continue as a going concern. disclosing, as applicable. matters related to going
concern and u51ng the going concem basis of accounting unless the Trustees either intend lo liquidate the GroLJP
or the parent charitable company or to ￿8$e operations, or have no realisti¢ altemative bul lo do so.
Auditor's responsibilitiès for th¥ audit of the financial statement$
Our objectives a￿ to obtain rèasonable assurance about whethgr the financial statements as a whole are free
from material misslalem&nl, whether due to fraud or error. and to issue an Auditorfs report that includes our
opinion. Reasonable assurance is a high level of assurance, bul is not a guarantea that an audit conducted in
a¢¢ordance with ISAS IUKI will always detect a material misslalement when it exists. Misststements can arise
from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be
expected lo influence the economic decision5 of users taken on the basis of these financial stalements.
Irregularities, inclLJding fraud, are instsnces of non-complian¢g with laws and regulations. We design procedures
in line with our responsibilities, outlined above. to dettrct material misstatements in respect of irregularities.
in¢luding fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is
detsiled below..
The engagement partner ensured the engagement team had the necessary skills and knowledge lo identify non-
complian¢e with applicable laws and regulations.
We obtained an understanding of the legal and regulatory frameworks that are applicable lo the company and for
those that are most significant, we enquired into how management ensures compliance is maintained. We
identified that the principal risks of non-compliance with laws and regulations related lo health and safely and the
ability lo continue trading as a manufactLJring and retail entity. Correspondence was reviewed from third parties,
where relevant.
Enquiry and review of the companls transactions was undertaken lo highlight any instances of penalts'es, fines
or legal activity which could suggest non-compliance with laws and regulations. There was no contradictory
evidence found. We also considered those laws and regulations Ihal have a diiecl impact on the preparation of
the financial statements such as the Cornpanies Act 2006.
We evaluated management's In￿ntiVeS and opportunities for fraudulent manipulation of the financial statements
(including the risk of override of ¢ontrolsl and determined that the principal risks were related to posting Journal
entries to increase prtsfils or reclassify costs and management bias in accounting estimates, especially stock
provision. In response, we incorporated testing of manual journal entries and scrutiny tsf unusual transactions
inlc) our audit approach. Analsrtical pro¢edures were used lo help identify risk faGtors In exceptional incorne
received during the year. Thè incentive by management to portray positive company results was taken into
consideration when undertaking audit testing in the higher risk areas of income and stock, with challenges made
in relation lo rnanagemenl assumptions and calcuialions used.
There are inherent limitations in the audit procedures described above and the further removèd non-compliance
with laws and regulations is from the events and transactions reflected In the financial stalemenls, the less likely
we would become aware of it. Also, the risk of not deteGting a material misstatèment due lo fraud is highèr than
Page 16

ACORN VILLAGES LIMITED
IA company limited by guarantaol
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACORN VILLAGES LIMITED (CONTINUED
the risk ol ntsl detecting one resulting from error, as fraud may involve deliberate concealment by. for example,
forgery or intentional rnisrepresentations, or through collusion.
It is also stated, as a reminder, that th& primary responsibility for the prevention and detection of fraud rests with
both management and those charged with goveman¢o of the company.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. www.frc.or
.ukKauditorsres
onsibilities. This description for￿5 part of our
Auditor's report.
Use of our report
This report is made solely to the charitable cOmpan￿S members, as a body, in accordancè with Chapter 3 of Part
16 of the Cornpanies A¢t 2006. Our audit work has been undertaken so that we might slate lo th& charitable
company's mernbers those mallers we are required to slate lo them in an Auditor's report and for no other
purpose. To Ihe fullest exlenl permitted by law. we do not accept or assurne responsibility to anyone other than
the charitablg company and ils members, as a body, for our audit work, for this report, or for the opinions we
have formed.
Daniel Aldworth (Senlor statutory auditor)
for and on behalf ol
Griffin Chapman
Chartered Accountants and Stalulory Auditors
4 & 5 The Cedars
Apex 12
Old Ipswich Road
Colchesler
Essex
C07 7QR
Dale..
I SykYa￿ L25
Page17

ACORN VILLAGES LIMITED
IA company Ilmltèd by guarantee)
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND
EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2025
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Tolal
fvnds
2024
Noto
In¢ome from..
Donations and legacies
Charitable aclivilies..
111,481
154,572
266,053
278,594
Acorn Village Community
Government Grants
4,192,894
4,192,894
4, t 79,957
49,5QO
731, 648
37,256
Other trading activities
Inve51menl Income
195,391
48,936
195.391
48.936
Total income
4,304.375
398,899
4,703,274
4,676,955
Expenditure on:
Raisin9 funds
Charitable activities
137,317
137,317
4.564,445
108,483
4,542.393
4.564,445
Total expendlture
4,564,445
137,317
4.701,762
4,650,876
Net lexpenditurèllln¢om¢ b¢foro net
gains on investments
Nel gains on investments
(260,070
261,582
379
1.512
379
26,079
28,552
Net lexptndlturgllincomg
Transfers between funds
1260,070
78,261
261,961
78.2611
1,891
54,631
19
Net movemont in funds
1181,809}
183,700
1,891
54,631
Re¢onclllatlon of funds:
Totsl funds brought fonfifard
Nel movement in funds
1,687,070
1181.8091
3,060,432
183,700
4,747,502
1,891
4,692,871
54,631
Totsl funds carrièd foFward
1,505.261
3.244,132
4,749,393
4, 747.502
The Consolidated slalemenl of financial activities includes all gains and losses recognised in the year.
The notes on pages 22 10 41 form part of these financial statements.
Page 18

ACORN VILLAGES LIMITED
IA company limited by guarant&èl
REGISTERED NUMBER: 1048360
CONSOLIDATED BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Nota
Fixad assets
Tangible assets
Investments
13
3,157.824
890,408
3, 114,952
890,029
14
4,048,232
4,064,981
Currant assèts
Stocks
Debtors
15
8,089
240,446
809,754
8, 727
198,567
926.937
16
Cash al bank and in hand
1,058,289
1, 134,225
Current Ilabllltles
Creditors.. amounts falllng duo within one
year
17
(357,1281
{451, 704)
Net ¢urrent a$s8ts
701,161
682,521
Total assets less current liabilities
4,749,393
4, 747,502
Net a$$¢ts èxcluding pension asset
4,749,393
4, 14T,502
Total net assets
4,749,393
4, 747,502
Charity funds
Rèstricted funds
19
1,505,261
3,244,132
1,687,070
3,060,432
Unreslri¢t&d funds
19
Total funds
4,749,393
4, 747.502
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo
accounting records and preparation ol financial statements.
The financial
slalemenls
were
approved and authorised for
issue
by the Trustees on
and sign&d on their behalf by..
2015
MrJ
Chair
ker
The notes on page5 22 10 41 form part of theso financial stalemenls.
Page 19

ACORN VILLAGES LIMITED
IA company limited by guarantee)
REGISTERED NUMBER.. 1048360
CHARITY BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Nota
Fixed ass¢t$
Tangible assets
Investments
3,153,449
890,408
3, 174,568
890,029
14
4,043,857
4,064,597
Current assets
Stocks
Debtors
6,248
381,482
669,690
7.292
300,061
826,911
16
Cash at bank and in hand
1,057,420
1, 134,264
Current liabilities
Creditors.. amounts falling due within one
year
17
1351,887}
(451,362)
Net current assets
705.533
682,902
Total assets less current liabilities
4,749.390
4,747,499
Not a$$¢ls •x¢ludlng p8n$lon assèt
4,749,390
4, 747,499
Total net assets
4,749,390
4. T47,499
Charity funds
Restricted funds
1,505,261
3,244,129
1,687,070
3,060,429
Unrestri¢ted funds
Total funds
4,749,390
4,747,499
The charit￿S net movement in funds for the year was £1,891 (2024- £54,632).
The Trustees 8¢knowledge their responsibilities for complying with thè requirèments of the A¢t with respect lo
accounting records and preparation of financial slalements.
The
an
st tements
were
approved and
authorised for
issue
by the Trustees on
I 2nis and signed on their behalf by..
MrJ
Chair
hittakor
The notes on pages 22 to 41 fomi part ol these financial statements.
Page 20

ACORN VILLAGES LIMITED
IA company Ilmitèd by guarantee)
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Cash flows from operating activitie5
Net cash used in operating activities
144,7171
116,518
Cash flows from investing actlvltles
Oividends. interests and rents from investmenls
Proceeds from tho sale of tangible fixed assets
PLJrchase of tangible fixed assets
48.936
37,256
8,842
(31, 765J
1121,4021
Net cash lu$8d 5nllprovided by Inve$tlng activities
{72.4661
14,333
Cash flows from financing activities
Net cash provided by financlng adlvltles
Change in cash and cash equivalents In the year
Cash and cash equival&nls at the beginning of the ygar
1117,1831
926,937
130,851
796,086
Cash and Cash equlvalents at the end of thè year
809,754
926,937
The notes on pages 22 to 41 form part of these financial slalernents
Page 21

ACORN VILLAGES LIMITED
IA company limitèd by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
General infomation
Acorn Villages Limited is a charity registered with the Charlty Commission wilh the Charity Number
263954. The Charity is incorporated as a company limited by guaranteè at Companies House wth the
Company Number 1048360 and domiciled in the United Kingdom.
A¢¢ounting poli¢ies
2.1 Basis of preparation of financial Statements
The financial statements have been prepared in accordancè with the Ch8rilies SORP IFRS 1021
Accounting and Reporting by Charities.. Statement ol Re¢ornmended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK
and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic Df Ireland IFRS 1021 and the Companies Act 2006.
Acorn Villages Limited meets the definition of a public benefit entity under FRS 102. Assets and
liabilities ar& initially re¢ognised at hislori¢al Cost or transaction value unless otherwise staled in the
relevant accounting policy.
The CDnsolidaled slalement of financial activities ISOFAI and Consolidated balance sheet
¢onsolidate the financial statements of the Charity and ils subsidiary undertakings. The results of the
subsidiaries are consolidated on 8 lin& by line basis.
The Charity has taken advantage of the exemption allowed under section 408 of thè Companies Act
2006 and has not presenled ils own Statement of finanryal a¢tivities in these financial stslemenls.
2.2 Going concern
The directors assess whether the use of going concern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubl on the ability of
the company lo Continue as a going ¢oncem. The director5 make this assesment in respect of a
penod at least one year from the dale of aulhorisation of these financial statements and have
concluded that the company has adequate resources to continue in operational existence for the
forseeable fulLJre and there are no material Un￿rtaIntieS aboLJt the Companls ability lo continue as a
going ¢on¢ern. IhLJS they ¢onlinue to adopt the going concern basis ol accounting in preparing the
financial slatemenls.
Page 22

ACORN VILLAGES LIMITED
IA ¢ompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies Icontinuedl
2.3 In¢om8
All income is recognised once the Charity has enlillemgnt to the income, It is probable that the
income will be received and the amount of income receivabltr Can be measured reliably.
Income from residential and supported living fees represents amounts invoiced during the year.
Accounting adjuslmenls are made in respect of accrued or deferred income so that the amounts
included on the Statemènt of Financial Aclivities r&present fees ieceivable In relatic>n to
rèsidenutenanl occupany and support during th8 year.
The recognition of income from legacies is dependent on establishing entillemenl, the probability of
receipt and the ability lo estimate wth sufficient accuracy the amount receivable. Evidence of
enlitlemenl lo a legacy exists when the Charity has sufficient evidence that a gift has been left to
them (through knowledge ol thé existence of a valid will and thè death of the benefactor) and the
executor is satisfied that the propety in question will not be required to satisfy Claims in the eslal&.
Receipt of a legacy must be recognised when it is probable that il will be received and the fair value
of the amount receivable. which will generally be the expected cash amount lo be distributed to the
Charity, can be reliably measured.
Grants are included in the Consolidated statement of financial activities on a receivable basis. The
balanco of income received for specific purposes bul not expended during the period is shown in the
relevant funds on the Balance sheet. Where income is received in advance of entillemenl of receipt,
its recognition is deferred and included in Creditors as deferred income. Where entillemenl occurs
before income is received, the income is accrued.
Income tsx recoverable in relation lo donations received under Gift Aid or deeds of G()venant is
rècognised at the time of the donation.
Income tax recoverable in relation lo investment income is recognisod at the lime the investment
income is re¢eivable.
Other income is recognised in the period in which it is receivable and lo the exlenl the goods h8ve
been provided or on completion of the sèNice.
2.4 Expenditure
Expenditure is recogni5ed once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a Iransler of economic benefits will be rttquired in selllemenl and
the amount of the obligation Gan be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct cosls and shared costs, including support costs
involved in undertaking each activity. Direct costs attributsble to a single activity are allocated directly
to that aclivily. 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 ¢onsistenl with
the use ol resources. Central staff ¢osts are allocated on the bas15 of lime spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Group lo raise fLJnds for ils
charitable purposes and in¢ludes costs of all fundraising activities events and non-charilab18 trading.
Expendilure on charitable ac11vilies is incurred on direclSy undertaking Ihe activitie5 which further the
Group's objectives, as well as any associated support costs.
Page 23

ACORN VILLAGES LIMITED
{A company limited by guarantèè)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies Icontinuedl
2.4 Expenditure Icontinuedl
All expenditur8 is inclusive of irrg¢overablg VAT.
2.5 Government grants
Government grants relating to tangible fixed assets are treated as dtsfer￿d income 2nd released to
the Consolidated statement of financial a¢tivilies upon the completion of the relevant performance-
rélatèd conditions. Othèr grants that are not subjeot lo performance-related conditions are credited to
the Consolidated statement of financial activities as the grant proceeds are received. Granis re￿1Ve￿
prior lo the revenue recognition criteria being satisfied are recognised as a liability.
2.6 Gift Aid
In the ¢8se of a Gift Aid payment made within the Group, income is accrued when the payment is
payable lo the Parent Charity under a legal obligation. MeaSu￿rnent is at the fair value ro¢eivable,
which will normally be the transaction value.
Where the right to re¢eive Gift has been e$t8blished, the amount receivable is recognised as
income in the Consolidated stslemenl of financial aclivilies.
2.7 Tangible fixed assets and depreclatlon
Tangible fixed assets are ¢apilalis¢d 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. Aftèr rècognition, under the ¢ost model, tangible
fixed asseis are measLJred at cost less ac¢umulaled depreGiation and any accumulated irnpairment
losses. All Costs incurred to bring a tangible fixed asset into ils intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allo¢ale the cost of tsngible fixed assets less their ￿sIdUal value
over thèir estim8led useful lives.
Depreciation is provided on the following bases..
Freehold propety
Plant and machinery
Motor vehicles
Fixtures and fittings
Nil, 10/0, 2OA. 4OA, 6.67 /0 and 10 /0 slraighl line
25 /0 reducing balance
25Q/o raducing balance
Gains and losses on disposals are determined by comparing the proceeds with the carryng amount
and are recognised in the Consolidated slalement of financial activities.
Page 24

ACORN VILLAGES LIMITED
IA company limited by guaranteol
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounting policies Icontinuedl
2.8 Investmènts
Fixed asset investments are a form of financial instrument and are initially recognised at their
transacliori cost and subsequently measursd at fair value al the 8alanGe sheet date, unless the value
cannot be measured reliably in which case il is measured at cost less imp•irm¢nt. Investment gains
and losses. whelher realised OT unrealised, are combined and presented as 'GainsllLossesl on
investments, in the Consolidated statement ol financial aclivititrs.
Investments in subsidiarios are valued at cost less provision for impairment.
2.9 Stocks
Stocks are valued al the lower of cost and net realisable value 8fter making due allowance for
obsolete and slow-moving stocks. Cost includes all dirèct costs and an appropriate proportion of fixed
and variable overheads.
2.10 Debtors
Trade and other debtors are ￿￿nised al the setuemenl amount after any trade discount offered.
Prepayments are valued al the amount prepaid nel of any trade discDunls due.
2.11 Cash at bank and In hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less frorn the dale of acquisition or opening of the deposit or simi18r account.
2.12 Llabilities and provl$lon$
Liabilities ar& recognised when there is an obligation al the Balance sheet dal& as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amounl
of the settlernenl can be estimated reliably.
Liabilities ara recognised at the amounl that the Charity anticipates it will pay to setde the debt or the
amount il has T&¢eived as advanced paymènts for the goods or 58rvicès it must provide.
Provisions are measured at Ihg best estimate of the amounts required lo settle Ihg obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, di5¢0ullled at the pre-tax disGtsunt rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Consolidated statement of financial activities as a
finance cost.
2.13 Flnancial instruments
The Group only has financial a55els and financial liabilities of a kind that qualify a5 basic financial
instruments. Basic financial instruments are initially recognised al transaction value and subsequently
measured al their sèttlemént value with thé éxception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Page 25

ACORN VILLAGES LIMITED
IA company limit¢d by guarant•è}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Ac¢ounting poli¢i*$ l¢ontinuedl
2.14 Operating leases
Rentals paid under operating leases are charged to the Consolidated stslemenl of financial activities
on a straight-line basis over Ihe lease term.
2.15 Pensions
The Group operates a defined contribution pension scheme and the pension charge repres&ntS the
amounts payable by the Group to the fund in respect ol the year.
2.16 Fund accounting
General funds are unreslricled funds which 8re available for use al the discr&tion of the Trustees in
furtherance of Ihe general objectives of the Group and which have not been designated for other
purposés.
Reslricled funds are funds which are to bs used in accordance with specific r¢strictions imposed by
donors or which have been raised by the Group for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each reslricled
ftjnd is set out in the notes to the financial statements.
Investment income, gain5 and losses ar8 allocated to the appropriate fund.
Criti¢al a¢counting èstimatès and araas of judgment
Eslimales anol judgments are ¢onlinu8lly evaluated and are based on hislori¢al exp8riènce and othgr
faclors, includin9 expectations of future events that are believed lo be reasonable under the
circumstances.
Crltical accounting e51imale5 and assumptions..
The charitable company makes estimates and assumptions concerning the future. The resulting
accounting eslimales and assumptions will. by definition, seldom equal the related actual resulls. There
are no eslimales and assumptions that have a significant risk of causing a rnatgrial adjustment to thè
carrwng amounts of assets and liabilities within the next financial year.
Income from donations and legacie$
Rèstricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
ftsnds
2024
Donations
111.481
154.572
266,053
278.594
Total 2024
202,57 7
76,083
278,594
Page 26

ACORN VILLAGES LIMITED
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable activitie5
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Income from charitable activities- Acorn Village Communily
Income from charitable activities - Government Grants
4,192,894
4.192,894
4, 179,957
49,500
4,192,894
4,192,894
4,229,457
Incoma from other trading adlvlties
Income from fundraising events
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Fundraising activities
85
85
503
Income from non charitable tradlng activities
Unrestricted
funds
2025
Total
fund$
2025
Total
funds
2024
Trading in¢ome Acorn Village (Tradingl Limited
Trading income Acorn Village (Acorns) Limited
81,067
114,239
81,067
114,239
57,245
73,900
195,306
195,306
137, 145
Page 27

ACORN VILLAGES LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Investmènt income
Unr¢$trrctèd
funds
2025
Total
fund$
2025
Total
funds
2024
Investment incorne dividends receivable from listed fixed
asset investments
48,936
48,936
37,256
Expenditure on raising funds
Costs of raising voluntary in¢om•
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Direct Fund Raising Expenses
Support Fund Raising Expenses
Governance Costs
Costs of raising voluntary income - wages and
salaries
1,711
4,419
2,950
1,711
4,419
2,950
2,491
3,828
3.215
73,968
73,968
69.328
83,048
83,048
78,862
Total 2024
2.491
76,371
78,862
Page 28

ACORN VILLAGES LIMITED
IA company limited by guarantaal
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raising funds Icontinuedl
other trading exp¢n$oS
Unrestricted
fund5
2025
Total
funds
2025
Total
funds
2024
Tr8ding expenses - Acom Village (Acorns) Limited
Trading expenses - Acom Village (Trading) Limited
Acorn Village (Trading) Limited deprè¢iation
14.008
39,676
585
14,008
39,676
585
1,025
28,5to
86
54,269
54.269
29,621
Analysis of expendltLtr8 by activities
Acorn
Village
Community
2025
Total
funds
2025
Total
funds
2024
Acom Village Community
4,564,445
4.564.445
4,542,393
Page 29

ACORN VILLAGES LIMITED
IA company limitèd by guarantèè}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysls of expendlturo by actlvltles l¢ontlnu•dl
Analysis of costs
Acorn
Village
Community
2025
Total
funds
202S
Total
funds
2024
Staff ¢osls
Depreciation
Food and household expenses
Agency staff costs
Staff training costs
Waste disposal
Project costs
Registration and subscription fees
Rent
3,763,542
137,550
103,676
2,151
13,560
41.205
44,862
15,395
4,515
32.281
31,204
78,923
147,797
16.305
7,521
34,577
37,770
13,567
2,498
2,233
33,313
3,763,542
137.550
1 Q3.676
2,151
13,560
41,205
44,862
15,395
4,515
32,281
31,204
78,923
147,797
16.305
7,521
34,577
37,770
13,567
2,498
2,233
33,313
3, 749,212
113,530
t02,011
70,112
12,366
31,085
57,866
22,358
4.575
30,486
27,116
59,651
200,009
8,711
6,518
29,118
37. 165
13,253
3, 150
3,846
20.255
Rates and water
Insuran
Energy costs
Property maintenance
Hire of equipment
Alarms and security
Office supplies
Travel and motor expenses
Professional fees
Bank charges
Cleaning supplies
staff welfare supplies
4.564.445
4,564,445
4,542,393
10.
Auditorfs r8mLEn8ration
2025
2024
Fees payable to the Charitls auditor for the audit of the Charity's annual
a¢¢ounls
11,700
11,700
Page 30

ACORN VILLAGES LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11.
Staff ¢osts
Group
2025
Gmup
2024
Charity
2025
Charity
2024
Wages and salaries
Social 5e¢urity costs
Operating costs of defined contribution
pension schemes
3,493,559
276,03B
3,484,494
267,008
3,493,559
276.038
3,484,494
26T.Q08
67,913
67.038
67.913
67,038
3,837,510
3,878,540
3,837,510
3,818,540
The average number of persons employed by the Charity during the year was as follows..
Group
202S
No.
Group
2024
No.
Charity
2025
No.
Charity
2024
No.
Administration and Management Staff
Care Staff
Training Staff
Maintenance Staff
Educational Therapeutic Services Staff
Coffee Shop
20
17
20
135
137
135
137
172
776
172
t76
The nurnber ol employees whose employee benefits lexcluding employer pension ¢oslsl exceeded
£60,OOD was..
Group
2025
No.
Group
2024
No.
In the band £60.001 £70,000
The key management personnel of the Charity are considereot lo be the Chief Executive Officer, the
Operations Manager and the Senior Registered Manager. The total employee benefits, excluding pension
conlribulions, of the key management personnel are £173,269 during the year ended 31st March 2025
12024 £168,884).
12. Trustees, remuneration and expenses
Ouring the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
Page 31

ACORN VILLAGES LIMITED
IA company limltèd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. Tangible fixed a$$ets
Group
Fraahold
Soft
propèrty fumÉshing$
Motor Flxture$ and
vehi¢le$
fittings
Total
Cost or valuation
Al 1 April 2024
Additions
4,931,785
52,297
102,030
536,677
121,402
165,9601
5,622,789
121,402
183,442
Disposals
117,4821
Al 31 March 2025
4,931,785
52,297
84,548
592,119
5.660,749
Depreclatlon
At 1 April 2024
Charg& for the year
On disposals
1,905,860
81,217
81,146
5,246
117,0901
460,831
51,672
{65.9571
2.447,837
138.135
183,0471
Al 31 March 2025
1.987.077
69.302
446,546
2,502,925
Net book value
Al 31 March 2025
2,944,708
52,297
15,246
145.573
3,157,824
At 31 March 2024
3,025,925
52,297
20,884
75,846
3, 174.952
Charity
Freehold
Soft
property fumishings
Motor Fixtures and
vehicles
fittings
Total
Cost or valuatlon
Al 1 April 2024
Additions
4,931,785
52,297
102,030
534,974
116,826
165,9601
5,621,086
116,826
183,442
Disposals
{17.4821
Al 31 March 2025
4,931,785
52,297
84,548
585,840
5,654,470
Page 32

ACORN VILLAGES LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. Tangible fixed assets Icontinuedl
Charlty {¢ontlnuedl
Freehold
Soft
property furnishings
Motor Flxture$ and
vehicles
flttings
Total
Depre¢iation
Al 1 April 2024
Charge for the year
On disposals
1,905,860
81,217
81,146
5,246
17,090}
459,512
51,087
165,9571
2,446,518
137,550
{83,0471
Al 31 March 2025
1,987,077
69.302
444,642
2.501.021
Net book value
Al 31 March 2025
2.944.708
52,297
15,246
141,198
3,153,449
At 31 March 2024
3,025,925
52,297
20,884
T5,462
3, 1T4,568
14.
Fixed a55et investments
Listed
investments
Group
Cost or valuation
At 1 April 2024
890.408
Al 31 March 2025
890.408
Net book valua
Al 31 March 2025
890,408
At 31 March 2024
890.408
Page 33

ACORN VILLAGES LIMITED
IA Company Ilmitad by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14.
Fixed asset investments Icontinuedl
Listed
investments
Charity
Cost or valuation
At 1 April 2024
890,408
At 31 March 2025
890,408
Net book value
Al 31 March 2025
890,408
Al 31 March 2024
890.408
15. Sto¢ks
Group
2025
Group
2024
Charity
2025
Charity
2024
Stock of materials and consumables
8.089
8, 721
6.248
7,292
16.
Debtors
Group
2025
Group
2024
Charity
2025
Chaiyty
2024
Due within one year
Trad¢ debtors
Other debtors
Prepayrnenls and accrued income
95,967
3,402
141,077
102, 797
5,032
90, 738
95,967
144,437
141,078
102, 797
106,526
90. 738
240,446
198,567
381,482
300,061
Page 34

ACORN VILLAGES LIMITED
IA company Ilmltod by guarant&e}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17. Creditors- Amounts falling due wlthin one year
Group
2025
Group
2024
Charity
2025
Charity
2024
Trade creditors
Other taxation and social security
Other Creditors
Accruals and deferred income
85,351
73,485
158,723
39,569
170,634
65,022
7 T8, T85
37,263
84.913
68,682
158,723
39,569
170,292
65.022
178, 785
37,263
357.128
451,704
351,887
451,362
18.
Finan¢lal instruments
Group
2025
Group
2024
Charity
2025
Charity
2024
Finan¢lal assets
Financial assets measured at fair value
Ihrough income and expenditure
809,754
926,937
669,690
826,911
19. Stat•rnant of funds
Statement of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Tran5feTS
Inlout
Gain
(Losses)
Incom• Expenditure
Unrestrictad
funds
General Funds -
811 funds
Trading
subsidiaries
3,060.428
203.593
183.0481
62,776
379
3,244,128
195,306
154,2691
1141.0371
3,060.432
398.899
1137,317}
178,2611
379
3,244,132
Restrictèd
funds
Page 35

ACORN VILLAGES LIMITED
{A ¢ompany limited by guaranteo)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 202S
19. Statement of funds (continued)
Statam8nt of funds - current year Icontinuedl
Balance at
31 March
2025
Balancè al 1
April 2024
Transf¢r$
inlout
Gainsl
(Losses)
Income Expenditura
Acom Village
Community
Freehold
Property
FixtLJrès, Fittings
and Equipment
Sundry Tools
and Soft
Furnishings
Motor VehiGle5
Wellbeing Pod
National
Heritage Lottery
Fund
74,160
4.192,894 14,345,315)
78.261
1,518,694
130.5551
1,488,139
4,864
4,851
12,1021
7,613
200
200
525
1525)
126,843}
26,843
42,569
10.000
152,5691
Grants towards
property
refurbishment
and repairs
Compijler and
telephone
system upgrade
Other restricted
funds
68,173
161,2031
6,970
19,999
{19,999}
19.215
8,458
(25.334}
2,339
1.687,070
4.304,375 14,564.4451
78,261
1,505,261
Total of funds
4,747,502
4,703.274
14,701,762)
379
4,749,393
Page 36

ACORN VILLAGES LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
19. Statement of funds Icontinued}
The Acom Village Community Fund is to support all charity residents, providing Ca￿ and support.
Fixed asset restricted funds are where items or fvnds to acquir8 assets have been given lo the charity for
a specific purpose lo support the work and activities of the charity.
The Wellbeing Pod Fund is lo irnprove the wellbeing serVI￿S for our staffing teams.
The Heritage Nation81 Lottery Fund is for a project to 5how¢ase the heritage of the sile exploring the the
history into the present. The money has been used to create an ac¢èssible garden area that Gan be us6d
for workshops. A walk around the sile exploring the history has been ¢reat¢d and there is now an apple
press facility so as wè can press existing fruit from established trees bul also support new tress that have
been planted. 11 will also create strDng links with diffeienl community groups who have and will be
involved in the projeol going fonNard.
A small numbar of grants were received to SLJPPOrt property repair. boiler raplacement and resident
property refurbishment costs, these included grants from The Wolfson Foundation and the Garfield
Weston Foundation,
Other restricted funds are lo support specific projects that are all consistent with the charities aims and
ethos.
Statemènt of funds . prlor year
Balance al
31 March
2024
Balance al
l April 2023
Transfers
in/out
G8in
(Losses)
Income Expenditure
Unrestricted
funds
General Funds-
all funds
Trading
subsidiaries
2,925,498
113,842
(108,989)
101,525
28,552
3.060,428
131, 145
(29,620)
(101,525)
2,925,502
244,987
(138,609J
28,552
3,060,432
Restrl¢tèd
funds
Acorn Village
Community
Freehold
Property
Fixtures. Fittings
and Equipment
732, IT7
4,229,457
(4,288,074)
74, 160
1,549.249
(30,555)
1,518,694
6,747
(1,877)
4,864
Page 37

ACORN VILLAGES LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
19.
statement of funds (continued}
Statèmènt of fund$ - prlor y&ar Icontinuedl
Balance al
31 March
2024
5alance al
l Apnl 2023
Transfers
inlout
Gains/
(Losses)
Income Expenditu
SundryTools
and Soft
Furnishings
Motor Vehicles
W&llbeing Pod
National
Heritage Lottery
Fund
200
200
710
26,843
(185)
525
26,843
41.628
40,000
(39,059)
42,569
Grants towards
property
refurbishment
and repairs
Other restricted
funds
90.000
(90.000)
9,221
72,511
(62,517)
19,215
7,T67.369
4,431,968 (4.512,267)
1,687,070
Total of funds
4,692,877
4,676,955 (4,650,876)
28.552
4, 747,502
20.
Summary of fund5
Summary of funds . current year
Balance at
31 March
2025
Balance at 1
April 2024
Transfers
inlout
Gain51
ILossesl
Income Expenditure
General funds
3,060,432
1,687,070
398,899
4,304,375
1137,3171
14,564,445)
{78,261}
78,261
379
3,244,132
1,505,261
Restricted funds
4,747,502
4,703.274
14,701,762)
379
4,749,393
Page 38

ACORN VILLAGES LIMITED
IA company limited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
20. Summary of funds Icorbtinuedl
Summary of fund$- prioryear
Balance at
31 March
2024
8al&nc8 at
l April 2023
Transfers
in/oul
Gains/
(Losses)
Income Expenditure
General funds
Restricted funds
2,925,502
7,767,369
244,987
f138,609)
4,431,968 (4,512,267J
28,552
3,060.432
1,687,070
4,692,877
4,676.955
(4.650,876)
28.552
4,747,502
21. Analysis of net assets between funds
Analysls of net assets between funds . current year
Rgstricted Unrestrictèd
funds
funds
2025
2025
Total
funds
2025
Tangibl8 fixed assets
Fixed asset investments
Currtrnl assets
Creditors due within one year
3,157,824
3.157,824
890,408
890,408
1446,9721 1,058,289
1357.1281
1357.1281
1.505,261
Total
1,505,261
3.244,132
4,749,393
Page 39

ACORN VILLAGES LIMITED
IA company limited by guaranteal
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
22. Reconciliation of net movemènt in fvnds to net cash flow from operating activities
Group
2025
Group
2024
Net income for the year las pgr Statement of Financial Activities)
1,891
54,631
Adjustments for=
Dep￿CiatIon charges
Losses on investments
Dividends, interests and rents from investments
Lossllprofitl on the sale of fixed assets
Decrease in stocks
Increase in debtors
Increaselldecreasel in creditors
138,135
{3791
148,9361
395
116,445
(28,552)
(37,256)
(2,827)
612
[49,600)
63,065
632
141,8791
194,5761
Net cash providèd byllused Inl operating activities
{44,7171
116,518
23. Analy$l$ of ¢ash and cash equivalents
Group
2025
Group
2024
Cash in hand
Deposit accounts
Bank current accounts
6,848
468,197
334,709
71,907
403, 768
511.262
Total cash and cash equlvalents
809.754
926,937
24. Analysis of changes in n&t debt
At 1 Aprll
2024 Cash flows
At 31 Mar¢h
2025
Cash at bank and in hand
926,937
1117,1831
809,754
926,937
{117,1831
809,754
Page 40

ACORN VILLAGES LIMITED
{A company limited by guarantèe}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
24. Analysis of changes In net debt {¢ontinued}
25.
Pen$lon comrnitments
The group operates a defined contribution pension scheme. The assets of the scheme are held sepaTalely
from those of the group in an independenly administered fund. The pension cost charge represents
¢ontribLJtions payable by the group to Ihe fund and amounted lo £nil12023 £nill were payablg to the fund
at the balance sheet dale.
26.
Oporating lease commitments
Al 31 March 2025 the Group and the Charily had commitments lo make future minimum lease payments
under non-cancellable operating leases 8s follows..
Group
2025
Group
2024
Not later than 1 year
Later than 1 year and not later than 5 years
1.664
2,718
1,529
4,204
4,382
5, 733
27.
Members. liability
Each member of the charitable company undertakes to contribute lo the assets of the company in the
event of il being wound up while helshe is a member. or within one year after helshe ceases lo be a
member, such amount a5 may be required, not exceeding £10 for the debts and liabilities Contracted
before helshe ceasès to be a rnember.
During the year ended 31 March 2012 the Memorandum and Articles of Association of the Company were
amended, the principal chango being that membership of the Company is now limited lo thos& who are
Directors.
28.
Relatèd party transactions
The Charity has not entered into any related party Iransa¢tion during the year, nor ar8 there any
outstanding balances owing betrNeen related parties and the Charity at 31 March 2025.
Page 41