Comp2ny registratioll numbei. 1108309 Charity registration number 266471 Registei'ed Social Landloi'd number l-T1335 The Abbeyfield Buckland Monachorum Society Limited (A company limited by gualltee and without share ¢apilal) Directors, report and Accounts For the yeai ended 30di September 2024 Registered office and principal address Pilcher's Field, The Crescent, Ciapstone, Yelverton, Devon PL20 7PS
The Abbeyfjeld Buckland Monachorllni Society Limited Directors, report and accounts for the year to 30th September 2024 Contents Pages Directors, report Accountant'5 report Statement of Compi-ehensive Income Statement of Financial P051tion Statcment of cash flow Notes to account 8-12
The Abbeyfield Buckland IVIonaehorum Society Limited Directory, report For the year ended 30th September 2024 Th6 dir¢ctors present tlieir report and unaudited finanGial 5tatenie]its for thc year ended 30 Septen)bei 2024. Collstltv£ion Th¢ Soci¢ty ss a conipaily liniited by guayantee iiurnbGr 1108309. a regtstered provider of social housiiig HI 335 under the Housing kmd Regeneration Act 2008, atsd a r¢gi5teird ¢harity number 266471 governed by ils memorandum aiid articles of asso¢iatioii. Th¢ member8 ofthe SocEety appoint a committec of directors to anagE the So¢i¢ty. The Society is a piibli¢ benefit entity. The number af ]neinb¢is of the Society as of 301h Septeniber 2024 w#$ 12. MembErs consider1e ac¢ounts, this report of the coinmittee of direGfroi"s and the election of dircctors attlie aRrtual 8eTheral meetjll8. St&temeDt of direetors respoR5ibilittes The director5 who air a150 triistees for charity lèw puryoses are re5E¥)nsible for preparing this report and tlle finaNcKal stat¢iDents in acrnrdancc with applicable law and IEgul&tLVtis. Coinpany law and iEgistcr¢d social housing legislation iequire the l)irectors to piepave financiktl 8tsl¢men15 for each financial ye&r. Undcr Ihat law th¢ Diretitors hdve elected to prepare tlie financial stateinents in accordance wi111 General Accepted A0ting practicc (Unit¢d Kingdom Accounting Standards and applicable law}. Under eompatiy law the Dire¢tors m1151 nDt approve the financial Stal¢tt)ets wiless they are sat15fiEd th* tliey giv¢ & tru¢ aiid fair viEw Df tlie state of affairs of the conipally and of the Surplus or deficit of the company for that period. Iii pr¢pa¥ing these financi31 sÈat6ments tlie diGIr3 are reqiiired to.. select suitabl¢ accouThting policie5 and theii apply them consistently make judgernents and acttounting estiinates ihat are rcasonable pnid¢nt obserye the methods al PricipleS in tbe Rtgist¢rcd Social Housing Providers, 2014 SORP as updat¢d in2018 state wheth¢r applicable UK A¢¢oiinting Standards have beets followed, 5ubj¢ct to any material departures dis¢I0sed and explained in tlie accoiint5 prepare th¢ financial statements on a going con¢em ba5i5 iinl¢ss it 15 iTrappropriate to assume that the company will continue in business. The diirctors al'e re5P0115ible for ke¢ping proper aGGounting r¢¢ords which disc105¢ Wlth reasonable accura¢y at ally time the fjnancial positioii of tlie company aiid enabl¢ thcni to ensure that th¢ account5 comply with the CDmpanie8 Act 2006. T]iey are also re5pullsible foK saleguaiding the assets of the company and hence for taking reasonable steps for the prev¢ntion and dclection of fraud oth¢r irregularities. Risk mAnggenient Tli¢ major risk8. to which the Society 15 exposed, gs identifjed by the directors, h&ve been viewed and systems have been e5t¥tblished to mitigatc those risks by iising the relevant Abbeyfield stsnd&rd pmcedures. Aettvit1¢8 Tli¢ principal activity of the Society is to provide acconimodation, Gare and ¢ompat]ionsliip for lonely or frail Elderly people in accordan¢¢ with the aims and principles of Th¢ Abbeyfield Society Liinited. Duritig the year the Society a¢hieved ali occupancy l¢vel of 94.0/0 at its sheltered hoine. The occiipan¢y level at the date of this report is lOOfj/
The Abbeyfxeld Bu¢kllliid Monachorum Society Limited
DireLturs' report
For tbe yeAr eiided 10th September 2024
ir¢clor5
Tlic direcior.% nittt in coniEJiittec SI tiintt a Ye.. Tli03c wko sei'ved were-.
Mr K F¢iriTrSiaiii
Mrs R Kehov
MrN MX*¢I1
Mr K Topham
Mr N fvla%w¢ll and Mvs R Kelioe relii'e by rorntion viTer tli¢n15¢1ves tor r¢-rlr¥lion.
Cliairnian
F{oll-laslTreT 4?Iid CoiMfv111y Se¢retaiy
Cpolng eoncer
At Eh¢ balance sheet dat¢. the S(Ki¢Éy had net curreiit assGt5 of L?4,27.fi aiid agre¢nient by ClTrlliiiy Ballk
Liiiiiled to pioi'ide fi]n of kOOO,000. .111¢ diiEclors )i-¢ not aivaye of aiiy iiidicdlws 10 Euggtsl that SlilL1t
fiiiids ivill iioi bc availablk to meet all activitits of tlie Soctery in¢ludiiis coinpl¢rioii of Ilie iJ¢w
¢xi¢nsion beiiig biiilt. Thc fiuaii¥ial slaiem¢nls havL djeielore been pirpared oi) a going LonL¢Vtt basis.
R¢vieiY aiid resiilts of business dui'irtg the yea).
Ilie diiEclors hiive obraiiitd grahi tundiiig froin HoiiiLs EngltI)d aiid bui)k tunding tkoiii Cliariiy BlÉ ilk Lii)iiied
to fuiid th¢ buildiiiE of n fivL-unit LXtLnsioii 10 bc let on social nnls. RM Builders & CoTrttaclor£ LtLI of
'Tdvi&lotk is cotitiacted lo ¢ompl6tB ilic l)uildinu) b), Marcli 202.5
In tlLL year theiE wa% an oper4ÈtiiuF surplus of £11,180 (2023 £30,473) before finaticiiig costs. Ove1211. rhere is
surplus of 119.978 {20?3 £18,283) io the yeat.
The &uLee%4 tTrf Ili¢ li()iiie ¢esLs with the and the vi)lunteers wh(l Lreat¢ a PO8ihv# anihicnLc f
The Abbeyfield Buekland Monachorum Society Limited Accountants. Report to the Members of The Abbeyfield MoMachorum Soelety Llmited. I report oll the accounts of the Socitty for the year ended 30 September 2024 SEt out on pages S to 12. This report is made solely lo the So¢i¢ty's mEI?IbErs, as a body, in accordan¢e with SectioK 145 of the Cliarities Act 2011. My work has be¢n unde¥iaken so that I Inight state to the Society's m¢mbers those matters l am requifed to state to th¢m in this independ¢nt accountants, report and foT DQ Other purpose. To the fullest exttnt permitted by law, I do not accept or assume rcsponsibility to anyone otlieT than tli¢ Society and the Society's members as a body, for my rtporling Work, for this r¢port. or for tlie opinion5 I have formed. Respective responslbilities of momber5 And ¢x8miiier The members (who are a150 the directors of the company for the PUTposes of company lawl arc responsible for the prepai?tion of the account5. The member5 consider that an au(lit is not rquired for this Yar under se¢lion 14412) of the Charities Act 2015 and Section 136 of the Housing and R¢¥ei)eration Act 2008. Havin¥ satisfied Tnyself that the So¢i¢ty is not subje¢t to audit I report in respect of Tny exatninaiioll of your Society's accouttis carried out under sec¢ion 145 of the 2011 Act. IM cai'rying out my exatnination T have followed the procedures laid down iti th¢ getteral l)ii"ection8 givcn by the Charity Commission undeT section 14515llbl of the 2011 Act wjd section 138 of the Housijig and R¢generatioll A¢l 2008. BH5i$ of exgmlhier s report My examination includes a review of the a¢¢ounting records kcpt by the Soc4ety and a compari50n of the accoviils presented with those ttcords. It also includes coDsid¢ratlDll of any unusual items or di5closurds in the a¢¢ount5, and seeking explanations from you as members conceriiing any such inatters. The PTo¢edures LEndeitsken do not provide all thc evidence th would be wuired in an audit and conscquently no opitTrion is given as to whethei. the acwunts present a'lrue and fail. view" and Ihe report is limiled to those matters set out in th¢ statemeni below. Examlner's stfilement In connectioll with my examination, no matter has ¢oElle tD my atÈ¢ntion whicb gives me reasonable cause to believe that, in any material Y¢spect'. accounting re¢ords were n()t kept in ac¢ordance with section 135 of the Housing and Regeneration A¢t 2008. or th¢ a¢¢ount5 do not accord with those recoiyls; or the accounts do not comply with the requiJEmellt5 of sectson 396 of the Comp2llies Art 2006. lh¢ HOsing Re8ene¥alion Act 2008 and th¢ Accounting Diirction for Private R¢gistered Providers of Soci81 Housing 2015. or the accoujts have nol bEeiJ piEpRred in accordante with the methods and principle5 of (he Statement of Re£ommended Practice for accounting and reporting (SORPI for rebyiblertd Social Housing Providcr5 2014 lupdatEd 20181, Hpplicable to entitf¢8 piepaTTng theii. accounts Èn accordanrK with the Financial R¢portitl8 Standard IFRS1021' or the acLx)unts do not comply wilh the reqllirements of th¢ ChaTlties Act 2011. I have iio concert]s and hav¢ ¢om¢ acYos5 Jlo other mailers in conne¢tion with the examittation to whi¢h attention should b¢ drawn in this rqjort in ord¢r to et)abl¢ a prop¢r utsdeFstanditEg of the a¢ut5 to be reached. Claire L Taylor BA IHons}, F.C.C.A Chadwick5 C'.hartcrcd Accountants Statutory Allditors c.apital House 272 Maiicliestcr Road Droylsden Manchester M43 6PW Dale.. 28, Novenibei. 2024
The Abbeyfjeld Buelil#nd Monachorum So¢iety Litnit Statement of Comprehensive Income Year ended 30th September 2024 Notes 2024 2023 Tui'nover Opei'attng expenditui'e 190,380 (167,200) 173,404 (142,9Jl) Operating Surplus 23,180 30,473 Finan¢e income Goveit)ment funds receivable Finance costs 3,952 827 (7.154) (13,017} SIErplus before and after taxation being the total comprehellsive income for the year £19,978 £18,283 Statement of chAnges in Reserves Itt¢ott and ResMct¥d Total Expendimre R¢5orve Reserve Balance of Reserv¢s at 30th September 2023 Surplus for the year Transfer of restricted income to Regtrictsd Reserve Balai)ce of Reserves at 30th September 2024 581,705 33,699 19,978 (2,275) 2,275 £599,40¥ £35,974 £635.382 615,404 19,978 The notes on pagcs 8 to 12 foi'm part of these financial statements
The Abbevfield ljutkl#nd Monliehorum isoeietv Limited Statement of FÉnancI] Position 'eai' ended 30th Sei>tetnber 2024 2024 2023 Tangihle Assets TlL)ible fixLd assets - hoiising propei'ly 925.198 68S,388 Curi'ent #sxets '1'rad I'eceiiiables 54.210 74.18C) 128,396 230,592 ?54,478 Trude pa)i&blcs: aniou17t due Wirliiii one yeai. Net currL'nt assets Total assets less current liabilities 8 30,203 30,218 224,27) 1.149,473 9%,178 783,566 Trade i)ayables'. amounts due afier more than c)ne Ye 8 514,091 168,162 Net A825ets £6)5,382 £615,404 Shar¢ Capilal bie()me and P<pLiiditui'c RLservo Resti'icled ResLiiie 5()9.408 35,974 £6.B S,3X2 5RI,7115 33,699 £615,404 Tlie DireLior.s aiE saiisfied ilidt the company is enutled to ei¢lliption froni the requirement to obiain ali audit uiider seLtion 477 of the Coinptsiiies Act 2006 <ifKI Ihat tlke Jneinberb haye not requirtd ilie ¢otnpan} w obtain an audit iii aCCallet wsth sectioll 476 of the Act. The Dii'eclors &£kiiowledge Iheii. iespoiisil)ilitics foj. eiisiiriiig Ili&l th£ Gliai'ity keeps AccoiiiitiIig recoi'ds M.liicli CDni)ly i%ith sectioii 386 of rhe Acl and for prepai'ing f2iianciql State¢tS ithicli Live a true i1nd filjl. vieiv of rli¢ st41¢ of affaii's of tlie comk)aiiy as at tlie eiid of tlic fin1¢]&1 y¢Él1' and L)f it5 incoillinus ie%oiirLes and applE¢ation ol I'e5011r¢e%. inclitding lis incoDie e.xpenditiT¥. foi. Ihe finanLial ytiir ITI LICCOTd¢in¥¢ iyiih lh¢ r¢quir¢ments ol s¢¢lions 394 (fllil 3C).S ¢ind whiLlI utbiTwise roiiiply wEtlI the reqvireineiils of Ilie Cotnpftaies ALt 2006 relaiiDg 10 ffin41tJcial stdleEn¢iilS, so far as iippli¥abl¥ Iv IIIL cornpanv. ThL a¢¢ollnts have been PÈPaT A¢¢ ?006 siibjecl to the sniall d in &ccoi'dan¢e witli the woYi8ions in pRrl 15 of the Compai)ies onipani¢.I regu)ie. K Faritham Diirclor AppTovcd by the boar 2gtrA aZ)ZP Company irgi%tratioii nttinbei- 1108311 Tlle iiotLs on pagcs 8 to 12 forni part of these fmancial statements
The Abbeyfield Buckland Monachorum Society Limited Statement of cash flow Year ended 30th September 2024 Notes 2024 2023 Statement of cash flows Cash flows from operating activities Surplus fur th¥ finan¢ial year Adjustments for.. Depreciation of fixed assets Amoitisation of graiit Interest payable Interest received (Increase)/deci'ease in trade dcbtors Increase/ (decrease) in trade creditors Net cash generated from operating aelivites 19.978 18,283 17,135 (380) 7,154 (3,952) (22,138) 15,789 33,586 16,649 (380) 13,017 {827) {933) 1,130 46,939 Cash flows from illve5tin¥ activities Expenditure on fixed assets liousiiig propeily Exp¢nditure on new extension Home5 EnbJland grant reccived Interest received Net cash used in inveyting activities (7,702) (196,781) 477,831 2.952 277,300 (3,098) (10,710) 827 12,981) Cash {infloiYs)l outflows from financing activities Intcrcst paid Net bank loans (granted)/ repaid Net cash Cost from financing actÉvilies 7,154 147,326 154,480 13,017 13,110 26.127 Net increase in cash aiid cash equivalcntS Cash 2nd cash equivalents #t beginning of year Cash 2nd cash equivalents at end ofyear 156,406 74,186 £230,592 7,831 66,355 £74,186
The Abbeyfteld Buelcland Monpdchorum Society Limited Note5 to the Aecounts Year ¢nded 30th September 2024 l Af counting policies Accounting convenlion T]ie accounts liave been prepared in accordance witii applicablc law and UK accounting standards (United Kingdoiii Generally Accepted A¢¢ouiiting Practice) which includes the Companies Act, Holising and Regeneration Act 2008, FRS L02, the FiiiaThciak Reporting standard applicable in the United Kingdoin and Republic of li'eland. and the Statement of Recoininended Accounting Praolice (SORP) for Registered Social Hoiising Providers 2014 as updated in 2018 ('Accounting by Registered Social Housing Providers 2014,), and ihe Accounting Diirction foi. Private Registered Providers of Social Housing 2019. Inc¢pme The Sociely's tiirnovcr principally comprises residents, charges ttceivable from the home. The residents, charges are coniposite ainounts covering rent and service charges. Turnover from leftings is recognised on delivery of services to users. as the Society perfoiins its obligations. Service ehayges Tlie Society adopts either fixed or variablc methods for calculating and charging service cliarges to ils residents. Expenditure is rccorded whcn a service is provided Lind ¢hargcd to Ilie relevant serYiL¥ Lharge account oi to a sinking fund. In¢ome is recorded based on the estimated amounts chai'geable. Tltrnover from lettings is r¢cognised on delivery of seivices to end uscrs, as the Society peiforms its obligations. Depreciftlion The housing pioperty is depreciated on a stratght IiT)e basis over the expected uscful e¢onotiJic life The depreciable amouiit is anllved 8t on the basis of ortginaS Cost. Major components alr treated as seperable assets and depreciatcd over th¢ expected useful ccononiic life as follows.. Stnicttlres 100 years Roof Coverings 50 years Heating and water Systems, kitchens and bathroom,. 30 years Lifts 30 years Electrioal improvcmen15 20 years Depreciation on tangible fixed assets 15 charged on a straight line basis so as to wrtle down the value of the asset over its expected economic life as follows: Carpets 10 year8 Furniture aiid Equipmeiit 5 years Expenditure on oonsli'uction in progress is deprcciated when the buildkng is brought into use Taxaliun Undei. the provisions of the rrA 2007 CTA 201 O, thc company is exempt froni ¢orporatioii tax on inconie and surpluses, where these al'e applied for charitablc purposes. In the opinion of the Diiectors all income and surpluses of the Society fall within thc above exemptions and therefore no liability to coiporation tax will ai'ise. The Society is not registered for VAT purposes and consequentially all income and expcndilure is stated gr055 of Value Added Tax.
The Abbeyfield Buekland Monachoyum Society Limited Notes to the Ac¢ouAts Year ended 30th September 2024 FreelioldProperly Thc housing plpertY constructed on land which the Sooiety owns is stated at cost les5 depre¢iation. Expenditure on new ¢onst1ctIon is capitalised where the woi'ks increase the net rentsl streani over thc life of the property. All other repair and replacement expenditure is charged to the Statement of Comprehensive Incoine. Guveriimenl granl.F Grants receivrd on the ¢onstrLlCtion of the home are accounted for using the accrual Inodel set out in FRS 102 and Éhc Housing SORP 2014. Grants al'e carried as deferyed income in the balance sheet and released to the income and expenditure account on a systemati¢ basis over the the useful economic life of the asset for which it was received. Where sociaI housing grant funded pi'operty is sold the grant is tL?n5ferred to a recycled capital grant fund uiitil it is reinvested in i'cplacement property. If therc is no requirement to itcycle or repay the grant on disposal of the assets any unamortiscd grant remaining within ¢reditors is released and recognised as income within the income and expenditure acwunt. Graiits irlating to revenue are recognised in income and expenditure over the same period as the expeiidiluiE to which they i'elate. costs of i'aising gL?nt fundiiig are set against graiits re¢etved. Loans and short term deposllts These instrumcnts ai'c initially recoi'ded at the transaction price less any transactÉon costs (historical cost). FRS 102 requires that basic financial in5lruments #re subsequently measured at amortised cost. Flowever, as the difference between the historical cost and amortised basis is not material these financial InStrnentS ar¢ staled at historical cost. Contingeni liabilities A ¢ontingcnt liabilily is reGogniscd for a possible obligation for which it is not yet confirmed that a present obligation exists that could lead to an outflow of r¢source; or for a present obligation that does not meet the definitions of a provision or a liability as it is not probable that an outflow of re5011rces will be reqiiiied to settle the obligation or when a sufficiently reliable estiniale of the amount cannot be made. A contingent liability exists on graTbt repaynient which is dependent on the disposal of related property. Reserves Incomc received, and expenditiire inciirred, for restricted purposes is separately accounted for within iestrictcd funds. The resti'icted reserves represent a Rescrve established for leasehold residents to mect their share of futuye long teim rcpairs to the property.
The Abbeyfield Buekland Monachorum Society Limited Notes to the Accounts colltinu¢d Ycar ended 30th September 2024 Pension cosls The Society operates a defined contribiition pension scheme. Contributions are chai'ged to the profit and loss account as they become payable in accordan¢e with the rules of the scheme. No liability arises at the year end. Holidaji Pay ficcpual A liability is recognlsed to the extent of any iiniiscd holiday pay entitlem¢nt which has accrued at the balance sheet date and cari'ied forward to future pcriods. This is measured at the undiscounted salary cost of thc future holiday entitlement so accrued at the balance sheet dat¢. Going concern At th¢ time olapproving the financial statements, the trustees have a i'easonable expectation that th harity has adcquate resoiii'ces to continue in operational existence for the foreseeable future. Thus. the trustees continue to adopt tli¢ going concern basis of accounting in preparing the fjnancial statements. 2 Operating Surplus This is stated aftei chargiiig.. 2024 2023 DepkEciation of owned fixed assets £17,135 £16.649 3 Residential Charges 2024 2023 Nominal total charges ieceivable Losses frotn vacancies 6.0010 (2023 5.8 /0) Net receipts frorn charges 94.00/¢ {2023 94.2 /*) 202,465 {l2,235) £190,230 183,692 (10,658) £173,034 4 Staff Costs 2024 2023 Wages and salarie5 Pension contributions 74,560 ,812 £76,372 58,738 1,812 £60,550 Average number of employees Full timc Part time (eqiiivalent full time) 5 Finance costs 2024 2023 Interest payable to Lloyds Bank plc £13 017 10
The Abbeyfield Bllckland Monachorum Socllety Limited Notes to the ALeounts continued Year eNded 30th September 2024 6 Tangible fixed assets LRnd Freeliold Furniture nd prop¢rty in progress EquipmÈnt TDtal Cost l st Octobei 2023 Additions Adjuslincnt for assets no longer hcld 30tli Septernb¢r 2024 3S,000 835,506 78,014 948,520 249,243 709 6,993 256,945 (44,349) 44,349 £284,243 £836,215 £40,658 £1,161,116 Depreciation 1st Oclobei. 2023 Chai'ge for year Adjustment for assets no longer held 30th September 2024 192,194 70,938 263,132 4,054 17,135 (44,349) (44,349) £205,275 £30,643 £235.918 Net book value 30th Septeiiiber 2024 £284,243 £630,940 £10,015 £925,198 30th Seplember 2023 £35,000 £643,312 £7,076 £685,388 Constructioll in pi'ogyress includes land purchased in 1999 for £35,000. 7 Trade receivabks 2024 2023 Trade debtoi's and prepayinents Expenditure on proposed extensioii Costs ot raising loan fiiiaiice 4.639 1,748 52,462 19,247 £23,886 £54,210 8 Trade payables Amounts falling due Ivithin one year Lloyds Bank PIL - temi loan Lloyds Bank plc boiinccback loan Lloyds Bank plc additional Ioan Accruglls and othcr liabilities 2024 2023 12.444 7,200 3.360 7,214 £30,218 7,200 23,003 £30,203 Amounts falling due in more than olle year 20 year tcrin loan to July 2035 -Lloyds Bank plc 7 year term bounceback loan to March 2028 -Lloyds Bank plc 20 year additional loan to October 2041- Lloyds Bank plc Deferred capital grant (Sec note 9) 93,777 18,000 30,545 25,840 £168,162 10,800 503,291 £514,091 11
The Abbeyfield Buclcland Monachorum Society Limited Notes to the Aecounts continued Year ended 30th September 2024 9 Deferred Capital grant 2024 2023 30th September 2023 Received in the ye. Costs of raising grant funding Released to incoine during the year 30th September 2024 25,840 482,588 (4,757) (380) £503,291 26,220 (380) £25,840 10 Contllngent liabilities The company reiVed a grai)t of £38,000 fLxim the Home and Communities Agency to fund tlie dcvelopment of thc housing property. If the company disposes of tlie home there is a contingent liability of £12,540 in rcspect nf the grnnt that might k repayable. This is in addition to the liability of £25,460 recognised in Creditors see notes 8 and 9. The total figure of £38,000 represents the grant received on construction of the property in 1992. There are no plans to dispose of the property At this time or in the immediate future. 11 Accommodation in management: Housing for older people Nunibcr of beds for full time reskdenls Numb¢r of beds for resident5, guests 2024 io 2023 io li 12 Related party transactions The Directors of the Compaiiy benefit from indemnity insulance to cover any liability rcsulting froiii any negligence, default oi, breach in their duty. One dii'ector charged for using his home as an office and related expenses. The amount expended was £1,459 (2023 £1,499). Another dii'ector and husband were paid £2,169 for kitch¥n support services and to fill gaps and home manageinent in staff availability. All these payments were appi'i by independent dircctors. 13 Capital commitments At the yeai. end there wei'e oorninitiiients of £891,979 (2021 £nil} relating to a Contract to build a five bedroom extension on the cxising building. 14 Company information The Registered uificc and principal address is Pilchers Field, Tlie Crescent, Crapstone, Yclverton, Devon PL20 7PS. The Society is a company limited by guaraiitee, company number 01108309, a registered provider of social Ilousing, ref H1335, under the Housing and Regeneration Act 2008, and a registered cliarity number 266471. 12