Abbeyfield Camborne Society Limited
Report of the Trustees
for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2023. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objective of the Charity is to provide accommodation and services for lonely and elderly people in
accordance with the principles of the Abbeyfield Society Limited. These activities fall wholly within hostel
housing activities as defined in the Housing Act 1996.
Public benefit
All our charitable activities focus on the relief and care of elderly persons of all classes; the spreading of
Christian principles to all human relationships. the provision of further education in the sphere of voluntary
work and other such purposes as the society shall determine fom] time to time. The trustees confirn] that
they have complied with the duty linder Section 4 of the Companies Act 2006 to have due regards to the
Charity Commission's general guidance on public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity achieved incoming resources in the year of £90,814 (2022: £92,201. The related resources
expended were £108,686 (2022: £117,474).
FINANCIAL REVIEW
Investment policy and objectives
The Memorandum of Association empowers the Charity to make any investment as may be thought fit.
Funds surplus to immediate requirements are currently being invested in an HSBC deposit account and
Cambridge and Counties Bank account with immediate access if required.
Reserves policy
The Trustees would ideally hold in free cash reserves, not invested in fixed assets, sufficient monies to cover
four months average expenditure. This would have required £36,229 as at 31 st March 2023. The Trustees
continually monitor budgets to ensure they have sufficient fiinds to cover revenue expenditure.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are elected for a three year period and may be re-elected. They meet once a month, organising the
day-to-day operation of the Charity's house Treveor.
The Charity is an affiliate of The Abbeyfield Society, a National UK Charity, and this Iimbrella organisation
provides formal training and procedural manuals to Tlie Abbeyfield Society Camborne Limited.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01086377 (England and Wales)
Page I

Abbeyfield Camborne Society Limited
Report of the Trustees
for the Year Ended 31 March 2023
Registered Charity number
268826
Registered office
Treveor
33 Basset Road
Camborne
Cornwall
TR14 8SH
Trustees
R Bunt Deputy Chainnan
A Parsons Chairman
Dr R Joseph Trustee
N Druce Treasurer (appointed 1.4.22)
Independent Examiner
Briants Chartered Accountants
Maritime House
Discovery Quay
Falmouth
Cornwall
TRI13XA
Approved by order of the board of trustees on 22 December 2023 and signed on its behalf by:
R Bunt - Trustee
Page 2

Abbeyfield Camborne Society Limited
Statement of Financial Activities
for the Year Ended 31 March 2023
2023
Total
funds
2022
Total
funds
Unrestricted Restricted
fund
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
620
620
1,150
Charitable activities
Housing
89,129
89,129
90,391
Iiivestment income
1,065
1,065
660
Total
90,814
90,814
92,201
EXPENDITURE ON
Charitable activities
Housing
108,686
108,686
117,503
NET INCOME/(EXPENDITURE)
Other recognised gains/(losses)
Gains on revaluation of fixed assets
(17,872)
(17,872)
(25,302)
25,000
Net movement in funds
(17,872)
(17,872)
(302)
RECONCILIATION OF FUNDS
Total funds brought forward
507,912
118,872
626,784
627,086
TOTAL FUNDS CARRIED FORWARD
490,040
118,872
608,912
626,784
The notes fom] part of these financial statements
Page 4

Abbeyfield Camborne Society Limited
Balance Sheet
31 March 2023
2023
Total
funds
2022
Total
funds
Unrestricted Restricted
fund
fund
Notes
FIXED ASSETS
Tangible assets
386,774
118,872
505,646
507,305
CURRENT ASSETS
Debtors
Cash at bank and in hand
1,808
109,600
1,808
109,600
2,120
133,912
111,408
111,408
136,032
CREDITORS
Amounts falling due within one year
(8,142)
(8,142)
(16,553)
NET CURRENT ASSETS
103,266
103,266
119,479
TOTAL ASSETS LESS CURRENT
LIABILITIES
490,040
118,872
608,912
626,784
NET ASSETS
490,040
118,872
608,912
626,784
FUNDS
Unrestricted funds
Restricted funds
10
490,040
118,872
507,912
118,872
TOTAL FUNDS
608,912
626,784
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its siirplus or deficit for each financial year in
accordance with the requireinents of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to finaiicial statements, so far as applicable to the
charitable company.
The notes fomi part of these financial statements
Page 5
continued..

Abbeyfield Camborne Society Limited
Balance Sheet - continued
31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
22 December 2023 and were signed on its behalf by:
R Bunt - Trustee
Tlie notes fomi part of these financial statements
Page 6

Independent Examiner's Report to the Trustees of
Abbeyfield Camborne Society Limited
Independent examiner's report to the trustees of Abbeyfield Camborne Society Limited ('the
Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2023.
Responsibilities and basis of report
As the charity's trnstees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('tlie 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited linder Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your
charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 201 l Act,). In carrying out
my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b)
of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confinn that no matters have come to my attention in connection with
the examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
T A C Briant FCA
Briants Chartered Accountants
Maritime House
Discovery Quay
Falmouth
Cornwall
TRI13XA
Date: 22nd December 2023.
Page 3