R•gWr•d Cp Nurnlr. 01112W IENJl•nd 4nd W4hsl R•port •fth• Tn and Unaudit•d Financial Stal•m¢nts forth• y•ar ended 30th Septemr 2023 for The Abb•yll•ld Grnat Missond•n & Distriot Soci•ty '. 'AD2R16UO* OW0512024 COMPANIES H(XJSE A13
47
The Abiwfld Gmt.Miuenden & Di%trict ¢ty Contrnts ofthe Finndl Slt¢meDts ror tbt yt•r e•ded 30tb SepteJDb¢r 2023 P48e Report of tbe Tru$¢ees Ito5 IndepeTrdeTr¢ ExamiTr¢rg Report Statenbemt of Fingncil Activities BlaDee Sheet Notes to the FinsDci*I StstemeDts 9t014
Tb¢ AbbEyrld Great MlsseDdeD & Digtrkt $Iety Report of ¢he Trustees for the year ended 31)th September 2023 ACHIEVEMETrff AND PERFORMANCE Charitsble activiti The Truslees have Continued to ovus¢e provision vfht¥h qualiry SUPWI io elderly usets of the Sociery's housin8 lacilitie5. The have ¢oniinued to review th¢ levels of support made available io usets of the Societys services who could not otherwise afford to rnake i¢ of them. FINANCIAL REVIEW Finan£ial position Tht fitwicial re$ulis for the year are set out tn the Siaiement of Finan¢Tal A¢ii¥iiies and the Balance Shrti. ID their capacity a5 Tru$tee5, the dire¢10 are responsible for enouring th¢ osscfs of thc company pror]Y 8ypli¢J ui aLLordJbe with Lh4riiy law. Prlnelpal fundln% sources The prineipal fimditig sources aTe residen15' tharges of £304.232 (2022.. ££276,840) and donatii)n5 of £5.231 12022.. £5,150). Investmtnt ptslley #hd obAettfves The executive committee considers holding $h on deposit as the mosi appmpriate iiivestmeni for the Charithble Company at thi$ timt. FInaclaI performaee 2023 315.493 2022 2021 258.306 Total incomiD8 resources R¢source5 expended on provision of sheliered aonOlIlI aKI supw {excludinA d¢pr¢ciatiou) Capital expeuditure relaiiDg to provision of sbelteTed xcommodaiion and support Total expendiiure on sheltered aCciodatltsn and support GovernaJ)¢e ¢osts Toial expendiiitre includitig capiial iiems 301.321 18,307 226,223 47.833 223.409 1.958 319,628 274,056 225,367 11.518 236.885 326.191 282.598 ReseNt5 polity Note 17 to the fujancial stateents sh(Trw5 the movement of fi]Dds during the yer. Ujjrtstricied fid5 amouDted to £578,509 of which £289,508 {2022: £590,702) is frttty avdilable ai the balance shcei datfy the rernainder being invested in tangible red assets. The executive commillee has derernlined the appropriaie level of free reserves should rtpreseni a minimum of 8 mollihs ttonnal operaiing expendintre and is signifi¢anily higber than the £220,01)O requid. The Society bas also deVeld a long tem ass replacemeni and in)provemeni pr0grdrn allowing for aj) average casb 4Ynd of £35.000 per ajuM.
The Abbeyfield Great MlssendeD & Dtstrl¢t Society Report of tbe Trujtees for the ytr ended 30th September 20LI The Trustees who are also directors of the Charitsble C(Mnpally forthe purposes of the Companies Act 2006, present their report with the fanCial stateTneDts of the Ch8ritable Cotnpany for the year euded 30 seplemr 2023. Having Consider the guidance provided in the Sia(emeDi of Recommended Practice "Accouniitig by Registered Social HousiD8 Providers 2014" concerning its applicatLOlI to charilies the Tnjstees have adopted the ptovksions of Accountin8 aodReportÈllg by Cbarities= Statement of RecoTlltnellded Prnctice applicable 10 charities preparing their accounts io accordance with the Fillancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (eff¢¢iive I January 2019). The Statelljenl of Re¢omts)ended Practice"A¢¢ouniin8 by Regist¢r¢d So¢ial Housiug Providers 20I8" has b¢¢D reterred 10 where the Charilies SORP is sil¢nL OWECTtVES Af4D ACTIVITIES Objectives aDd aims The Chariiable Company is eslablished for the public benefit for the following objects- l) the relief and support of elderly persolls widh)ur regard to income, ahni¢iry, gender or back8fouDd who are suffering from thc disabilities of old ase or otheThvtse in tseed 2) the spreading of honesi and de¢eot principles to au human rEl10n1pS and the application of hutThaniiarian aims to promote th¢ relief of the elderty 3) io provide further educaiion in the sphere of voluntsry Work. social WOTk and simi18r a¢uvities so as to inculcate rhe principles of gLN)d ¢iÉizenship. The Charitable Cornpany has the genernl aim of contributing io the lives of elderly people in the local community through the provision of sheliered accomtnodalioll. The main obj¢¢rives ¢ontinue to be the provisi(4) of 8¢comm¢)dati¢)n and supp)n for the elderly people iti a¢¢ordance with the aims and principles of ihe Abbeyfield Sociery, having due regard io the Cbarity Comrnission's public beneftt guidallce. including Its 8uÉdan¢e ot] fee eharging. The sirdregies employed to achieve the provision of good quality accommodatioD are: • a well managed and economically viable ILouse . professional 5tsff. ' pro8ratnme of Social activities . ats active fund raising prograrnr SSgD5ficant aetivitles The ChHri14ble Comp1. RcgISf¥i JUlA1 llousitig Provider tsnd its priDcipal activity i to provide llccommodation and rupport for elderly people. This activity falls wholly withill so¢ial housiug a¢tivilie5 as defilled in the HousiDg and RegeneratlOD Act 2008. Voluntttrt In addiiion to th¢ volw)teers who comprise ille Executive Colljmilitt. the Charitsble Company is supported by 8 ieom of addiiional volwiieeTS assisting with the howse a¢iivi(ies and fund raisitig events. All volunteers follow a vetting and induction process.
..Th¢ Abbey.field Gr¢at Miu¢DdeD & Di¥Jtriet Soc*ty Report of the Trustees for tbe year ended 30th Sept¢mb¢r 2023 FINANCIAL REVIEW Compliance witb tbe governance and Yiability standard The CbaTirable Company assesses ¢ompliaDce with the Govern8n¢e aud Finaucial Viability Stsndard on an ongoing basis and ¢ertilies its complianct. Ai execlltivc comTnittee level the governance S¢llr ensure5 conrinued scrutiny of fwancial perfollnance and continued improvement in value lor m¢)Dey balanced witb our aspirdtion to provide excelletti services io all our resid¢nts. Day- to-day management or services rests with tbe hou% [Daagement. they are accountsble to the executive cottamittee and operations are scrntinised through a wide ran8e of measures su¢h as iTbcome collecti voids, mathagemeDi. repaiTg maJ)agemenr and Valve for rnotsey The Trustees are cooinlled io giving appropriaie and proporiioDaie collsider81ion io obthining aDd evid¢nciDg value for money wheu procuring works, services gnd supplies in order to xiLSe SOurCeS for Jront line seTvi¢e$ 2nd io deliver efficiency 8ains. Etyickencies are based on redu¢rion costs 8nd impmvemenis in services. The Trustees aitt) io establish a cosi ¢onscious culture where decisiolls ore made by raking 8¢¢ount or pri¢< qualiry. titne and $tsIabIlIty in ord¢r to achieve overdll b¢st value. Abbeyfjcld Great Misseuden & Distrirt Society moniior perforn]art¢e 2gainst voids (vacant rooms) as thi5 is a key driver to ensure overall rental ¢olle¢llon is maximised. In 2023 our void I¢ aY¥J of total rent due decreased 10 12.3•/a {2022.. 13.70/0) as cornpared io our target of 9.090 (2021.. 9.0fy1•). Voids duriug the year were tairly high while r(K)ms were ellkpty pending buildiTh8 work. ludeptndent Review Followitig the reSIallOn of Johnson's, the Board have appointed a new Indea¢ll1 Examiner. Mr D Patterson FCCA io perfo and independent review of the Firtanciat Statements ended 30th Swember 2023 Future Pl#n5 The Charitable compa0$ ain)s and objectives for the Comig year 8re: • ro eoniinue providirLg a safe and comfortable environmeot for residellts. • to achieve occupancy throughout the year. . io MlMise the public benefit PtovÉded by the Society. Th p•3e does notforn part of Ihe Statutory financial ststements
Tbe Ablxyfield Great M1$9¢ndell & Dijtriet Sotkty Report of the TTUSt¢es for tbe yer eDded Joth September 2023 STRUCTURE, GOVERNANCE AND MANAGEMENr Governlng The Chariiable Company is controlled by its Governing DocumeDL 8 (ked of trus¢ and 0)nStineS a 1]lted eornpany. limited by gwantee, as defmed by the CoTnpaDies Act 2006. It is also re8iStered with the Homes and Coromunity Agency {nu]nber H0553). Recruitment and appointment of new Trustees The work of tbe Trusiees 15 undertaken on a voluntsry basis withwt any of rtn)uncralii)n and ¢onsequenily re¢rnithient is mainly from the local community. Prospe1ve new Trvstees are interviewed and fully vetted prior to any recornnTron being submitted ro ihe executive committee. OrgaTrlsAtiOlll trvtturè The execufive Comtnillee of Trtee$ a¢Jminisiers the ChaTiiable Company. The ¢OmTnittee nomially meets every quarter. rnore often if cirtUrnSi8n¢es dernand. The Chair and House MoJ)a8er meet regUllY io discuss all matters relatin8 to the day to day managernent and welfare of the residents aid staff. Staff suptswision and yearly appraisaLs are ulldert&c]L Spe¢ifi¢ roles are assigned to individual Trustees who also regularly rn¢¢i the House Manager. Induttion and training of new Truslee5 New Trusiees undergo a perityj of oriellraiiots io brief them on tbeir legal obligaiions under chariEy and cornpat]y law. the content of the me[Oradn) of Anicles of Association, the commbllee and decision making proces& tbe business plan and Tecent financial perlom)ance of the Clwiiable Cotnpany. Trustees are encovrnged io attend appropriaie cxtemal train¥ng events where these facilitstr the uBdertakin8 of their role. Wider ntttwork The charily 1$ affiliaied lo The AbyrI¢la So¢iety aDd acts in accordance with the airn5 and principles of The Abbeyfield Society. Related wrllei Th¢ Charitable Company is affilfated lo the naiioDal charity TheAbWld¥AW. REFERENCE Ai¥D ADMINISTRATIVE DETAILS Reglsttred Compay thumber 01182568 (Englond and Wale5) Registered Charity mumb¢r 268880 Re%l$tered Abbeyfield House LiDk Road Great Missetsden BuLkin8hamshire HP16 9AE Trustees Mrs S Bortomley Mrs J Mackay Mr M L Willt8e (resigned 18th S¢pternber 2W23) Mr A sum7 Mrs R E SThw1 Mr D Sugg (Tesigd 13th May 2023) Mrs L Meakin (appointed 15th May 2023} Mr M. JacyTra (appointed 315t July 2023) MrAJHall Tn accordattce with the Charitable Compan5 Arti¢les of Asso¢iati¢)n A Hall. M JacyDa and L Meakin retire by rotsiion and being eligible, offer (helljselves for re-electirn at the fortbcoming A[81 General Medin8. Chair Mrs J Mackay
•The Abbeyfield Gre8t MiMeDdeD & Diitrict Society Report of the Tte¢S for the year tded 311th September 2023 Mr D Patterson FCCA 12 Gayton Close, Chesham Bois, Amersham, Buck5 HP6 6DW Bankers Barclays Bank PIC The Chiltern Group Cbeslwn Branth 4 Sycamore Road Amer5ham Buckinghamshitt HP6 SDT This report has been pPared ID xcordance with the special provisiolls of Pan 15 of the Companies Act 2006'relatill8 10 S]Dall companies. Approved by order of the board of Trustees on 25th March 2024 and siwd on its behalf by.. Mrs J Ma¢kay- Chafftr
Ittdependen¢ Es*mi•¢r's Report to the Trnsttts or The Abbeyfield Great Mlssende# & Di4trict Sotiety Independent examiner's report to the Tru$tees of Tltt Abbeyfield Gre#t MissetsdeD & District Society ('tbe Company.). I report to the Charlthble CotDpaDy Tnjsiees on n)y exaTninatioD of the accounts of the CompaDy for the year ended 30 September 2023. Responsibilities and basis of report As the Chariiable Companys Truste¢s of the Company (and also its diffcioTS for the purpose5 of company law) yvu are responsible for the pr¢paralion of the ac¢oun15 iu accordance with thc requlrell)a of the CompaDTreg Act 21M16 (Ihe 21M)6 Act). HaviJJg satisfied myself that the accouDts or th¢ Compaoy art not rtquired be auditrd under Part 16 of the 2006 Aet and are eligible for independent eXaltion. I report in respect oltny examination of your Charitsbk Companys a¢¢ounis as ¢arried out under Secti(>n 145 of the Charilies Aci 2011 {'the 2011 A¢1?. In carying out my examination I have followed the DitEctions given by the Charity Commission under Secti¢)n 145(5) (b) of the 2011 Act. IDdepelldent Examiner 8 ststement Since your chaiitys gross inco]ne exceeded £250.OiK) your exwniner MU be a member of a lisred body. J cart confllnl tbai I am qualifjed ro UDdertake the examination because l aJn a meTnber of ihe Instiwte of Clwtered Association of Certified Accowitants. I have ¢ompleted my ex8minaiion. l ¢onfirnJ ihat mallvs have Come to my atterttiijn in conne¢iion with the examination givitig me cause to believe.. l accounting records were Doi kepl Tri) respect of the Company 8s required by Sectioll 386 of the 2006 Act: or 2 the accounts do noi accord with those records.. or 3 the 8ccouDis do noi comply with the accouniing requirements of Seciith) 396 of the 2(K16 ikn other than any requirement tbai the accounts give a true and faÈr view which is noi a matter considered as pan of ao independent examinaiioo. or 4 the aecounis have noi been prepared in accordance with the mdh(th and principles of the Sraiemeni of Retolljmended Prdctice for ac¢ouniing and reponing by ¢hariiies (appIlble io clwxties preparing their a¢coullts in accord•)¢e with the Financial Reporting Standard applicable in the UK and IUbliC ofbtland (FRS 102). I havt no conceros and hove Come across Do other mallets in ¢onneciion with the examinaiioo io which atteniion should be drawll in this report ID order io ettable a proper llndersiandiog of the accounts to be rea¢h¢d. Mr D Paiterson FCCA 12 Gayton Close, Cbesbam Boi4 Amershw Bueks HP6 6DW . Thi5 page dDes notform part of thE 5lalu1LfiTr3rKAaI stalements
. The Abbeylleld Great MisseDd¢n & District Sotlety Statement of FiDancial Artlvi¢t¢s for the year ended 30th September 2023 INCOME STATEMENr 2023 Toi81 2022 Unffstricied fiJnds Restricted fidS Total NeS INCO1¥ AM) ENDOWMENTS FROM Dtsnaiions and leg3cies Charitable activities 5231 5,231 5,150 Providing suppor( alld accommodaiion for ¢lderly people Lnve5ttnent income 304,232 6,030 304,232 6.030 276,840 1,016 T¢)tal 315,493 315,493 283,006 EXPENDrruRE ON Charitabl¢ #¢¢iviti¢$ Providing support and 8¢¢ommodaiion for eld¢rly people 327,779 327,779 250.266 NET INCOMEI(EXPENDITURE) (12286) (12.286) 32,740 RECONCILIATION OF FUNDS Totsl funds brougbt foTward 590.70 497.340 1.088,042 ,055,302 Prior Year adjustment 93 93 TOTAL FUNDS CARRIED FORWARD 578,509 497.340 1,075,849 I,088,042
The Abbeyfield Great Mlsgenden & Dstrict Society StstemeDt of FiDaD¢i41 Ac¢lvltks $ at 30tb S¢ptenhber 2023 BALANCE SHEET 2023 2022 Unrtstricied Restricted T81 Tolal Noies fimd5 flwds fimds FIXED ASSETS Tallgible assets Investrnents io 275.834 10.000 285,834 497.340 773,174 10.000 783,174 781.325 10,0 791.325 497.340 CURREF4T ASSETS Debtors Invesbllents Casb al ballk 12 13 17,856 263.910 38,179 319.945 17.856 263,910 38,179 319,945 14,730 260,168 53,971 328,869 CREDITORS Amow]ts falling thie within one year 14 (24,569) (24,569) {30,297) NET CURRENT ASSETS 295,376 295.376 298.572 TOTAL ASSETS LESS CURRENT LIABILrrIES CREDITORS 581210 497.340 1,078,550 1,089.897 Amouuts falling due after moTe than olle year (2,701) (2,701) (1.855) PROVISIONS FOR LIABILITIES 16 r4ET ASSETS 578,509 497,340 1,075,849 1,088,042 FUNDS Unrestrirfed llds Restricted fid$ 17 578,509 497 340 590.702 497 340 TOTAL FUNDS 1,075,849 1.088,042 The Chartiable Cotnpany is entitled io exepI10n from audit wider Section 477 of the Companies Act 2006 for the year ended 30 Sept¢mber 2023. The hgve not required the compjlly io obiain audii of fiDanGial Jatoll)Lts for. tho >Thr endcd 30 Scpfcmbcr ' a¢¢ordaD¢¢ with Se¢iion 476 of the Companies AC1216. The Trusrees acknowledge their responsibilities for (a) eDsuring thai the Charitable co[[anY keep5 accountiD8 records that comply with Section$ 386 and 387 of the C¢)mpani¢s A 2006 and Ib) preparing f3ncIsI statements which give fair vimv ofthe of afftsiry. of the cbarittsble compon)¥ IJS Jlt the end of each fujancial year and of its SU]5 or deficir for ea¢h fu)an¢ial year in a¢¢ordan¢e with the requiremeni of Sections 394 £d 395 and wbich otherwise cornply with the requirements of the CIMDpanies Act 2006 rel8tiD8 to flnancial ststements. so far as applicable to tbe charitable cotnpany. These fmoncial siaiemetsis have been prepared.in 3ccord3Dce with the provisioD 3ppiicoble to cb2ritable aompanies f4ubject to thc smajl companies regime. The fiDancial stst¢tDts were approved by the Board olTnwees and authorised for issue on 25 Marcb 2024 and were Sied oll its bebalf by.. Mr A J Hall- Tntstet
The Abbeyfield Grt MlsgeDden & Dtstrict Society Notes to the Fittlncial StatemeDts for the year ended 30th September 2023 I. ACCOUNTING POLICIES Tho Abbeyfield Great mIndED & Di."triGt Soc.ier)l is a priwait ¢ompYJnJ' limiied by guarffijtee incorpor8red in EnglgJTrd Alld Wale Thc rogiJcTcd oflice i.- AbEKyfiold House. Link Road. Grui Miss¢ndeo. Bu¢k1nghmÉhi. HP16 OAE. Basis of preparatto The fllwicial statements of the Charitable Company. which 15 a public bthefii entity under FRS 102. have b¢en prepared in 8ccordance with the Cbariiies SORP (FRS 102)'AccourDillg and RertIti8 by Cbariries: Staremenl of R1)MMended Practic£ applicablc to il)aiitics PreplI]S thcir ac¢ounrs in 8ccordoncc with thc Finan¢illl Reporting Srondord PPlicbIe in tho UK. tslld Republic of Ireland (FRS 102) (efteciive l January 2019).. Fittsncial Re}ning Srandard102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland,. the AccouDting Direclion for private ttgistered pmviders of soctal housing in ETL8land 2019. Tbe financial staternts also prepartd Under the requirements of the Howing and Re8eneraiioll Aet 2008 and the Companies Act 2006. Tbc f0¢11 thiemcnith have be£tt prepored UDd¢r the hitriofiGal CO conv6ntioD with the ¢x¢epliou of illvesunents whicb 3re h¢ld at maTkd value. The fthonciol VJiatemcnio prK(mtcd in whith is th¢ ffiJnctiOTMI CUrreY of th¢ Clwithbl¢ CoD)pJny. FinarLCi31 reporting standard 102 - reduced di5c105ure exemptions Th¢ ohoriMbl¢ compony h(kn taken odvrLntOEe of the tollo%Yin. dknGlosure exemptiort ID preparing these fmanGial £tatements. As pemiitted by FRS 102 Tht Financial Reporting Standard appli¢b in the UK and Republic olireland. the rewLir¢m¢Dts of S¢ction 7 State¢t of Cash Flows. Incomt All incomo T¢Cogni ill tho StatotuoDt olFiDtillcial Activititt onc6 the CIMri(tsble Cowally elllitlerneDt io tho and it knr probable that tbe income wi]1 receivcd and the arnount can be Measu rrliabty. In¢ome duived from rental and 5eryic¢ charges ADCLe statP41 of lo55es frorn voids. InationS kind arc. itlUded at valuati¢x) ai th¢ dat¢ of the douation. Exynditure LtabilitiL are rec0bnid a-. eKpendinLre . there i." a legal or fjon- -truc¥iit obligation coTnmitttDg the Charitablo CotllpaDy to that ¢xwditure, it is probable that a transfer of ecoDOrniC benefits will be required in settlement alld the atllgullt of the obligation Gln bc e[uOd reliably. Expondituro i ts¢COUllted for. on an orKruol (d bcen ¢.IJLifiod uThJer hLY1dtn thoi ossresDtc all COJl reltsie41 to the category. WheTe covr CO[0( be dire¢ily anributrd to IrtiCular headitisJ kns'e all0¢ted to tsctivitio OD a basis consient with the use of resources. Allo1]0 and apportionm¢n¢ of qiipkx¥t Costs arp gllnc.oted tn ihp fhariiahlp rnmpao_ priw..ipal pbarilahle xtivity.
The Abbeyfield Gret MlsseDdeD & Diitrict &Kiety Notes to the FinDc1¥41 Ststements for th¢ year ended 30tb September 2023 l. AccouNfiNG POLICIES- ¢ontimw¢d Tangible fixed assets Hous2ng land 2nd buildings sthted at cost Itss accumulaied depreciation. The cost of properties is purchase price tO8etber with in¢id¢nral Costs of acquÉsitioo Pl expenditure otk propety which rtslllt5 in an Deprecialton 15 charsed OD bou5iDg propertie5 OD a strai8bi line basis over their estimaTed eeonomic lives. The d¢preciable Major cotnpouents treated a5 separable as5cts alld deprtciaied over their expecied useful ¢conomic live5 tbe following fdt¢5'. Assets Annual raies Tan%ibk fixed assets StnL¢mre Roofs Windows and doors Kiicbens Bathr9 1% 20A loo 50 30 30 30 3.33•A 3.33% Depreciation ts charged on other tsllgible red atsets on a straight line basis w Tales of l(WA and 20% per allnum on cost. Where there is evidence of impairmeni. fixed asseis aTe written down to their recoverdble aDTrount. being the hig?r of the net IDVCStrncnts Fixed gssei inv¢sth]enrs arc $ted ai the lower of cos( and maTkd value. Taxation The Charitable CotnpaDy is exeEupi fr(trm corpordiioll tax on its charitable activities. Value added tax The Cbariiable Company is not regisiered for VAT and exr£Dditure include5 8ny relevani VAT clemeni. Fund aecountln% UTJreskncied fid$ can be used in accoTdance with the clwitable objeclives at the discretion of the Trusttts. Restricted fuDds can 0]Y be used for particular re5trictcd pryse5 Within tbe objects of the Cbaritable Company. Resth¢rions 8rise whetl specified by the donor or when fuDds are rdised for particular restricted purw>ses. Furtber explanation of the Dature and purpo of each fimd is ir1th in the notes io the fjnancial statements. Pension costs and otber post-retir¢metst ben¢tits The Socicty ha5 a peosioo schcm¢ for ¢¢rfain of 11$ employees whicb is a defiDcd contributions schejlle. The Society's coi)Iribulioll ar¢ WTiiien off to the Staienjent of Finats¢i81 A¢tiVilie5 as in¢unrd. C8$h #t bank and batsd Cash at bank aod in hand IludeS cash held in short lenn deposit ac¢ounts or accounts wth insw)i acc. 2. INVESTMENT INCOME 2023 2022 Deposii ac¢ount inieresl 6,030 1.016 io
. The Abbeyfield Gre*t Miwnd¢D & Dutricl Society Notes to the Finanelttl Ststements ror tb¢ year ended 3ffth September 21ll3 3. CHAIUTABLE ACTtvrrtES COSTS Direcl Costs Support Costs (see note 4) Totals Providin8 SUPPOrt and acconmitmlatitsn for elderty people- 2023 321.216 6,563 327,779 Piovidllig wpport SDd accon]mtM]atioll for clderty pe¢)ple . . 941,7?4 8,54? ?fO,266 4. SUPPORT cosrs Governance Costs 2023 2022 Providing suppon aDd acconmlodation for elderly people 6.563 5. NET INCOMEI(EXPENDrruRE) Net incomel(expcndifurc) lu."totcd after ¢hrJrEinJ(¢rnlilitig): 2023 ?n2? DepreciatiOll- OWD¢d assets 6. TRUSTEES REMUNERATTON AND BENEFITS There were no Tntte$, rerDiuieraiion or other beDefits foT the year ended 30th Sepleutbrr 2023 (2022.. £Nil) Tru5tees' expeDses Thert were llo Trusttt5'. expenses paid for the year ended 30th September 2023 12022: £Nil) 7. STAFF COSTS 2023 2022 Wages and SaleS Social security COSIS Other pension costs 142.716 11,958 6,009 160.684 134,413 4.843 3,819 138,237 Th¢ overane monthly number of employetr during the year as follows: 2023 2022 Hostel stsff - part time H05tel statY- full time No ¢mploye¢s r¢¢¢ived emoluments in excess of £(,[>.
Tbt Abbeyfld Great MiMendeD & Dis¢ric¢ So¢ty Notes to the FiDnei41 Statements for the yesr ended 30th S¢ptsmber 2023 HOUSING STOCK Units in M8nagemellt 2023 2022 Hostel Acconunodation- HousiD8 for older peopk Nuber ofbeds Is 16 9. SOCIAL HOUSING TURNOVER AND COSTS 2023 2022 Reni receivable excluding service charg£s and net of void losses Servi¢¢ charges Social housing activity expendifure Operatujg surplus from social hO1ftg a¢iivilies 304232 276.840 327,779 (23,547) 250.889 25,951 Void L05SCS 42,848 48,661 I(1. TANGIBLE FIXED ASSETS Freebold iAnd and Buildin Fixrures aud Fiuitigs Totèls Cost At l$t October 2022 967,445 234,992 18,307 253,299 1,202,437 18.307 1.220 744 Addition$ At 30 Sept¢mber 2023 967 445 DÈpretl&iion At 1st Oetob¢r 2022 291.762 14,167 305 929 129,350 12,291 141.641 421.112 26,458 Charge for year At 30 September 2023 el boTrkVIe At 30 September 2023 At 30 September 2022 661,516 111,658 773,174 675.683 105.642 781,3?5 11. FIXED ASSET IP4vErnr 2023 2022 There were no investment assets held outssde the UK. Invesunents {neither listed nor unlisted) were as lollows: Foley paintin8 collection 10,000 10.000 12
. The Abbeyfield Great Missend¢n & Dtstrtrt So¢i¢ty No¢u to the Fltsttcial Ststemets for the year ended 30th S¢ptemb¢r 2023 11 DE]¥T01. AMOUNTS FtiLLbYG Wml(N ONE VEAR 2tr23 2022 Debiors Prepaymenis and arned illcome 9,765 9,056 5,674 14,730 17,856 2023 2022 Cash held on call deposit 263 910 260.168 14. CREDfTOIIS: AMouKfs FAILING DUE wrrHtNOP4E 2023 2022 I'rade creditor5 sla1 security alld other taxes Other Creditors Accrued expens 12,782 2,805 142 8.841 15,980 1,593 869 11,855 24.569 IS. CREDITORS: AMOiINTS FAILINC AFfER hlORE THAN ONE YEAR 2023 2022 Other Crediiors 2.701 1,855 I& PROVISIONS FOR LblBILITIES 2023 2022 Provisions 17. MOVEMEKf IN FUNDS AI 1.10.22 Net movernerjt in AI 30.9.23 unreatttd Geueral fund 590.702 (12.286) 578.416 93 Prior Year Adj Re5tr1¢ttd tsTrds Capital Grants received 497,340 497,340 TOTAL FUNDS 1,088,042 {12,286) 1,075.849 13
Tht Abbeyfield Gre8t Migs¢ndeD & Dlstricl Souety Notes to th¢ Fin¥4nclal Statemtnts for tb¢ year ended 30th SeptetDber 202J Net movement in fi]nd& inelwled in the above awe as follows: Incoming rtsour¢e$ Resou¢$ exp¢lld¢d Movemeni in fimds Umrtstricted fuDds General fund Prior Year Adj TOTAL FUI¥DS 315,493 327,779 (12,286) 315,493 Comporative for 0vernent IJ) filnds Net movement in funds At 1.10.21 At 30.9.22 Unrestrl¢ted [ndS General 557.962 32,740 s,702 R£stricted funds Capital Grants received 497.340 497,340 TOTAL Ftir4DS 1.055.302 1.088.042 Comparntive nei movemeni fid$. included in the aknve are as foitOWS: Incoming Re501JT¢es expended Movement in funds UNrt¥tri¢t¢J fuud$ Gcnerai fi]nd 283,006 250.266 32,740 283.006 250.266 32.740 Purpos olRt&trltttd Fuuds Social Housing Grdnt Social Hollsing Grani ¢an be rY¢led by the CbtiTirable CoTnpany under Certaiti cir¢iuiLian¢e. if a propcTty i.- old or if (Other relev11 ¢vent as defjned in The Recovery of Capitsl Grani and Recycled Capi(al Grani Fund General DetrrniinaEioD 2017. In these ase5 Social HousiD8 Grants can be used for tffojects approved by tht Ilollsing Cowrntion. So¢ial Housing Grants may have to be repaid if those circutnstances are nol met. I&RELATED PARTY DISCLOSURES There were no lated parry transactioos for the year eoded 3(hh Sepiember 2023 (2022: £Nil) 19.RELATED PARTY DISCLOSURES The liability of ea¢b meTnber is limited to £1 by 8uafdDtee. 14