R•ystrmd Compwy Ilumb•r. Of1825U lEngIv amlwalesl Report of tho T and Unaudll•d Flnan¢l•l Statwnents for the year ended Joth septeMr 2024 Tho Abb•yll•ld Gr&qt IAlssend•n & Dtstrict Socl•ty *AEIZDLSA tWd025 COMPANIES HOUSE
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The Ablyfidd Grt•t MiwndeD & Dijtrid Soatty Contemts of th FIDelI1 Sllwettts for tbtyer e•ded Jotb Septemlxr 2024 Reprt of the Trustees Itos IndeptDdeAt Examiners R¢wfvrt Sta¢em¢Dt of fiaoeil Ae¢lwltles B•lD¢e Sb*t 14o¢es to the nancIal Sl•temeDts 9t014
Th¢ Ablwfitld CTUt Ml¥send¢tt & Distriet So¢i¢ty Report of the Trnsttts for the year tltd 31hb Septernbtr 2024 Th¢ Trustees are also dirtttors of the Charitsble coMY forthe PUT of the Companies Act 2006. preserrt their report wth the financial 5tatemellts of the Charitable Comwiy for the yw ended 30 Septernber 2024. Havin8 considered the 8uidance Provided in the Staternent of Recornmended Prddi¢e"Arcounting by R¢gisr¢d So¢ial HoLLsing Providers 2014" concernin8 its application to charities the Trustees have adopted the provisions of Acammting and Reportin8 by Chariiies.. Ststrmeni of Recommended Practice applieable io charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effel¥e l January 2019). The Statement of ReMmended Praaic¢-Ac¢ounting by R¢gist¢r¢d Socral Housing Providers 2018" been referred to where the Charities SORP is silelbt. OWECTIVES AND ACTivrrtES Objectives attd aims The Charitable Company 15 established for the wbli¢ benefit forthe followin8obJects: l) tlk relief and supwrt of elderly petsons withtyrt regtrd to iTWrn< ethnicity. 8¢N4¢r or backyound who ar¢ wffering from the di5abilitie5 of old a8e or other¥isc in fteed 2) th¢ $pre•ding of IKneM atk4 decent principles to all human relation5hip5 thc appli¢ation of humanitarian aims to promot¢ ihe relief of the elderly 3) the spreIng of hon¢si and decent prilpleS to all human relationshi and ¢1 application of humant¢arian aims to promot¢ the relief of the ¢ld¢rly The Charitable Company has g¢twa] aim of contriixrtingtoihe lives of eldttly people in the 1¢X COmnnIty throu the provision of slter¢d a¢commodation. The maiFJ objective5 ntinue lo be the provision of acconyTh)d*ion aTrJ 5upw)n for the elderly people in accordance with the aims and principles of the Abbeyfield Society. having due regard the Charity Commi$5ion's public benefit guidance. including its guidance on fee chaT8ITIg. The sirategies employed to achteve ihe provision of grkn4 guality accINlOn art: • a well managed and economi<4lly viable IU$¢ ' profwsional sthff ' programme of so¢ial athivitie5 an a¢iiv¢ fvnd pro8raThm Significant Activities The Charitsble Company is a ke8iStered Social Hou5£ng Provider and its principal activity is to provide aCcoMlI0n and supwt for elderly people. This activity falls wholly within so¢i•l housing activities defined in the Housing 8nd Regentrntion Act 2008. VolynteeTS In addition to the volunteer5 who comprise the EXec1ve Commillee. clIableCOmpanY is suppmed by a team of additional volunteers a5SiSting wilh the hous¢ aciiviiies and fund raising events. Al volunteers follow a vetting arbd induction proces5.
The Abbryrld GreAt MiwDd¢n & Dirytri¢t Swirty Report of the Trnstees for the year ¢Dded 31hh September2 ACIUEVEMENT AND PERFORMANCE Chritsbk g¢tiviti¢s The Twstees have ntinUed io oversee the irfovision of high qvality suppm to elderly wrs of ihe Society'5 housin8 facilities. The Trlet$ have ¢oniinued io review the levels of supp)rt available ¢0 us¢Ts of th¢ So¢iery's services who could not oiherwis¢ afford to make use of Ilwh. FITrIANCL REVtEW Fin8DCI81 pTr51ti Th¢ finan¢ial results for the year are Set in the Statem¢ of Financial A¢tivittes and the Balance She¢t. In their cap3city as Tntstees, the dire¢iors are responsible for eAsuring the 8S5ets of the nPary art proptrly appld in xcordance with ¢hartty IAW. Pr5nelpl fuJ)dlng souttes The princip fimding source5 are r¢5idents' charges of£348.770 (2023: £304232) and doniorts of £3.037 (2023: £5.231). Investment polity 8Dd objecive5 The ¢x¢¢utiv¢ o)mmitt¢¢ ¢onsid¢rs Ilding cash on d¢posi¢ as the appropriate invesvn¢nt for the Ch3rit2bl¢ Comp3ny at this time. Fin8ntil performn¢e 2024 360.050 2023 315,493 2022 283,006 Total incomin8 resources Resources expended on provision of sheltered e0TmC]aIi0n and svpwt (excluding drpreriation) CapÉtal expenditure relating to provision of sh¢lt¢t¢d a¢Comnd&l1¢m Total expendiiure on sheliU a¢commod41ion aThJ support Governanct costs Total expenditure inclLKlhn8 capitsl iteff6 332.972 301J21 226,223 30.169 18,307 47,833 363,141 319,628 274,056 8.025 371.166 6.563 326.191 .542 282.598 Reservu policy Note 17 to the fit)an¢ial ststcments shoms the movement of funds duringthe year. Unrestrided fiEnds amountrd to £498,601 plus lh¢ provision for Long tCTm Liabilities of £82.189 of which £322.035 (2023.. £578.509 and £289,508 Tespe¢tively) is freely available ai the balartce sheet dat4 the remailer being invested in tangible fixed assets. The executive committee has d£M71[ appropriate level of free fEserves should rtpre5ent a Minim of 8 rnonths nornlal operdting eXperlture of £242,000. In addition, the SClety has also develor*d a long term &5sa replacemeni and bmprov¢m¢nt programme allowing for an average cash sp of £35.000 w aftnum. The balance available, previously showm in reseryes, has beev itansferred 10 a provision for long tem liabilities. The baiatK¢ at th¢ end of th¢ period was £82,189.
The Abbeyfield Great Mislettdth & Dlstrfrt R¢port of ¢b¢ Trnstees for tht year ertd¢d 30th Septsmber 2024 FINANCIAL REVIEW Compli8D¢e wlth the gov¢rn8n¢e viAbility stand•rd The Charifable Cornpany assesse5 ¢omplian¢e with the Governantt and Finarjai Viability Stsndard on an ongoing basis and certifits its compliance. At executive cornrnittee level the governat Structwe ensLtres ¢ontiMed scrLrtiny of financial perfonnanrx and continued improvernent in value for rnoney balanced with our a5piratioo provide ex¢¢llent servi¢es to all our restdents. Day- to-day managtmeni ot services rests with the house man3gemenL they are a¢¢owithble to the executive ¢ommJtttt and operations ar¢ scrutinised through a wde Tange of ureS such &s iThCOTne collection. voids. marge¥nEL repair5 Trrdn8gemeni and safeguarding. The Ch8ritsbl¢ Co¥npany has adopttsj the Charity Comrnissi¢)n's GIMNJ Governance Code. Value for Money Th¢ Tru51ees are Committed io giving apwopriate and proportionate CorlderatIOn io obtaining ar evidencing valu¢ for rnoncy vhert ProcrIng work$. seivices and supplies in order io maximise resources for froTrt line services to deliver efficiency gains. Efficien¢ies are based on redudion in costs and improv¢ments in services. The Trustees aim to establish a cost eons¢iou5 culture where decisions are made by thking a¢¢ourrt OT quity_ time and sustainability in order to achieve overall best value. Abbeyficld Great Mi5senden & District Society monitor perfornw)ce against voids (va¢ant roDms) as thss is a k¢y driver lo ensure overall rental collection is MlMi$ed. In 2024 our void Ioss as a % of total rent due decreased to 7.3Vo (2023= 12.31JA) as ¢ompar¢d to oyr wget of 9.OD/r* (2023.. 9.0%). Voids have reduced due to our repite rooTn being Occupi on a permanent bosis. IDdep¢Ddent Review Th¢ tndq)endent Examiner. Mr D Patt¢rson FCCA h&% an irwJ¢wident Thicw of the Fin8n¢ia] Stst¢wnts e)Nled 30th scmber 2024 Futur¢ PlaD$ The Charitsbl¢ C¢)mpany's aims and objectives for the coming yor aTe: * to eontinue providing a safe and comfortable fnvironrncnt for tt5idents. io achieve fvll o¢cupancy throughout the year. . to maxtmise the public benefil provided by the Society.
Th¢ Abb¢yfi¢ld Cre•t Mlssende• & Dlstrk¢ Soekty Report of the Trustees for th¢ yr nded 30tlJ Septsmb¢r 2024 STRUCTURE GOVERNANCE AND MANAGEMENT Govertting Documtht The Charitsble Company is controlled by its Governing Drumen a deed of tnLSt. and con51itute5 a limited mpanY. limited by 8uarantee, as defined by the Companies A¢1 2(K>6. 11 is also registered with th¢ Homes and Community A8ency (number HO553). Reernitment a#d appOIntfvllt of #ew Trustees The work of ihe TTUStees is ulrtaken or¥ a voluntary basis wit1K$ any fomi of remunerdtion dnd consequen¢ly r#wibneni is mainly frorn the local community. Prospective new Trstets are inltryiewed and fully vetted prkor to any rttommendation being $ubmitted to the executive committee. OrganSsational Strneture The executive committee of TnLStees administers the Charitable COMpy. The committee nominally meets every qvarter. more often If ¢ir¢umstan¢es demand. The Chair and House Manager meet regulady io discuss ?11 Matt relating to the day to day management and welfare of th¢ residents aThJ staff. Sthff supervision and yearly appraisals a undertaken. Spe¢ifi¢ rol¢s are asgigned to individual Trustees who also rcgulaTly meet the House Manager. Jndurtioll lld tr#iing of Dtw Tr¥strts New Trustee5 undergo a riod of orientation to brief them on iheir le881 obli8atiCrfLS under charity and company law, the content of the MenK)rnndum of Arti¢l¢s of Associaiion, the committee and decision making pro¢es4 the business plan and rrf¢nt financial p¢rfomian¢e of ihe Chariiabl¢ Company. TTUStees aft encournged to atnd appropri¢ extem training events wher¢ the facilitate the vndertaking of their role. Wider Network The charily ts affilled to Abbeyfield England and ¥ts in accordance with the aims and principles Abbeyfield England. RelAted P8rtie5 The Charitable Company 1$ affilfatrd lo the national ¢harity Abbvyfidd ED8W. REFERENCE AND ADMINISTRATTVE DETAILS Registered Compatry llumbtr 01182568 (Englartd and Wajes) R¢gister¢d Chrlty Aumbtr 268880 Registered office Abbcyfield House Link Rood Great Miss¢nden Bttckin8hamshire HP16 9AE Trustees S Bottomley J Mackay L Meakin A Suman R E Stuart P Fensome (ar4x)inted 20 May 2024} M. Jxyna AJHall Chair J Mackay
The Abbeyfield Great Mi&qende & Dl%triet Sotlety Report o(¢be Trustets for Iht year ended 31)th Stptsmber 2024 REFERENCE AND ADMtP41STRATIVI DEfAJLS, IndtpeAdewt E¥•miffter Mr D Patter50n FCCA 12 Gaon Close. Chesham Bois, AnKrshw Bucks HP6 6DW B*kt¢s Bar¢lays Bank Pl¢ The Chiltern Group chesh Branch 4 Sy(amore Road Amcrskn Bu¢kingham5hire HP6 SDT This report been pr¢paf&l in accordance with the Special provisions of Part 15 ofthe Companies Act 2(N)6 relating to small Companies. Approved by ord¢rof the board of Trustees on 17 Marth 2025 arwj sig on its behalf by: Mrs J Mackay - Chair
Ind¢p¢DdeDt Examintr'$ Report to tb¢ Tr¥st¢es of The Abbeyfield Gre•t Mi5seDd¢n & Dutritt So¢iety IDdepeDdeTrt examiner's report lo the Trv5ttt5 of The AbYrItId Gre•l Missendtn & Distritt Society ('the CompaDy'). I report to the Charitable cLMnnY TnL5 on my eXarnion of the of the Company for th¢ year ¢nd¢d 30 SeptembEr 2024. Responsibilities and basis of report As the Charitable Company's Tnjstees of the Cornpany (and also its direciors forthe Pur of comphny lawl you are resp)nsibl¢ for the preparation of the accounts in acrdance with the requirements of the Cornpanies ALt 2006 Dhe 2006 Acty. Haying Satisfi myself that the aCCOLmts or the Company are not required to be audited under Part 16 of the 2006 Act and are eligtble for ind¢p¢nd¢nt examination, I rekx)rt in respxt of my ¢xamination of your Charitable Cornpany'5 accounts a5 carried out under S¢¢tkon 145 of the Charities Act 2011 Cthe 2011 A¢¢'). In carryin8 Out my examination I havt followed the Directions given by ihe Charity Commission whkr Sethion 145(5) (b) of th¢ 2011 A Indepelldent Ex9mlDeS stslenmt Since your ¢harity$ gross income exceeded £250.1• y(rtty examiner must be a rnemr of a listed body. I can eonfim that I am qualified to undertake the examination because l am a member of the Ii)Slity of Chart¢r¢d Ass0¢11n of C¢rtifi¢d Accountants. I have completed my examination. I confirm that no rnattets have to my attention in connection with the examination gtving me cause to believe: l ac¢oun¢ing r¢¢ords wu¢ not kept in respert of the Company as rwuired by Sgaion 386 ofthe 2(X>6 Act.. or 2 th¢ x¢ounts do rtot a¢¢ord with tlJ)se rrLords'. or 3 ihe attounis do noi comply wth the aOUntIng requirements of Section 396 of the 2006 iki other than any requirement the a¢counts a true and fair view which 15 Mt a matter c4Jnsidertd as part of an independent examination. or 4 the ac¢ounts have not been prepared in arcor¢tan¢e with the methods and principles of the S¢atrm¢ni of Recommended Practice for a¢couniing and rep)rting by cltarities (applicablt to charities preparingtheii a¢¢ounts in a¢coTdan¢e with the Financial Reporting Standard applicable in the UK aT Republbc of Ireland (FRS 102). I have no concems and have ¢ome across no other rnattets in ront¢ction with the examination to which attention should be dra in Ihis report in order to enable & proper UTMlerstanding of the accounts to be rta¢h. Mr D Patt¢TSOn FCCA 12 GaYn Close, Chesham Boi& ArneT5hw Bucks HP6 6DW thes rnt $t8ttthy finIal stslements
The Abbeyfitld CreAt MissendeD & Distriet S St#tem¢nt of TrSnallci*l Aetiviti¢s for the ye8r tnded 311ih wtember 2024 INCOME STATEMENT 2024 2023 Unr¢striCEed Total nds Total fund5 fimds INCOME AND ENDOWMENfs FROM DoT)ations and legacies Ch#rit4bl¢ activities Providing support and accommodation for elderty people Investment income 3.037 3.037 5,231 348.770 8.243 348,770 8,243 304.232 6,030 Total 360.050 360.050 315,493 EXPEIYDITURE ON Charitsble 8ctiviti¢s ProvtdiDg support and a¢¢ommodation for ¢lderly people 360.050 360.050 327,779 NET INCOMFJIEXPENDITURE) (12.2861 RECONCiLIATION OF FUNDS Total funds brought forward 578509 497J40 1,075.849 1.088.042 Prior Year adjustment and transfer to Provisions (79,W7) (79,907) 93 TOTAL FUNDS CARRIED FORWARD 498,602 497,340 995.942 1,075,849
The Abbeyfteld GrtAt Missend¢D & Distii¢t S StattmeDt •f KD8IICj81 Activiti as 8t Joth September 2024 BALANCE SHEET 2024 Total funds 2023 Total funds Notes fvnds funds FIXED ASSETS Tangible assets Inv¢siments io 248.756 lo.(0 258.756 497.340 746.096 i 0.000 756,096 773,174 i 0.000 783,174 497,340 CURRENT ASSETS Debtor5 Investtllents Cash at bank 12 13 9,893 195.393 134.677 339,963 9,893 195.393 134.677 339,963 17,856 263.910 38.179 319,945 CREDTfoRS Amounts frdlling due wtthin one ycar 14 (17.928) (17.9281 (24,569) NET CURRENT ASSETS 322.035 322,035 295.376 TOTAL ASSETS LESS CURRENT LL4BILITIES CREDITORS 580.791 497.340 1.078.131 1.078.550 Amounts falling after mor¢ than one year 15 (2.701) PROVISIONS FOR LONG TERM UABILrriES 16 81189 81189 NET ASSETS 498.602 497,340 995,942 1.075,849 FUNDS Unrestricted fvnds Restricted fijnds 17 498.602 497.340 578.509 497.340 TOTAL FUNDS 995.942 1,075,849 Th¢ Charitsbl¢ Company is eniitbj io exemption from audit under Sedion 477 of the Companies Act 2006 for the yelr ended 30 Sepmber 2024. Thr rnernber5 have not required the company ¢0 obtsin an audit of its finala1 stat¢ments for the year ded 30 September 2024 in accordance with Section 476 of th¢ Companies A¢i 2006. The Tr1¢5 acknowledge their responsibilities ftir (a) ensuTing thai the charitable company keeps a¢¢ounting r0$ mplY wtth S¢¢tion$ 386 and 387 of the Companies Act 2006 and (b) preparing financial SeMeTrts which give a true and fair view of the state of affairs of the charitsble company &s at the end of tach financial year and of its surplus or deficit for each financial year in accordaftce with ihe requirem1 of Sections 394 and 395 and which otherwise cornply with the requirer¥nlS of the C(xy)p•)ies Ad 26 relating io fitwicial ststement5. 50 far as applicable to the charitable company. Thest financial $ements have been prwed .in accOrdae with the provision appliLable w charitable compani¢5 subject to the small cornpanie5 regirne. The financial thiements were appwved by the B<Mrd of Trustres and authorised for ISSVE on 17 March 2025 and were signed on its behalf by.. Mr A J H7 - Trustee
The Abiyfield Great miende# & Dtstrfet Sodety Notes to the FintttS•l Sts¢em¢•ts for the yr ¢uded 30tb Sept¢mber 2024 I. ACCOUNTING POLICIFS The Abbeyfield Great Misgenden & Distyi¢t Sc¢iety is a private ¢ornwy lirnited by guaranttt incOrrated in England and Wales. The registered oflice 1$ Abbcyfield House. Link Road. Great Missend¢n. BUrkinghwsh7re. HP16 9AE. B8Ss5 of prep8r8ti0 The financial statements of the Charithble Company. which is a public benefit enitty [er FRS 102. have been prepared in accordance with the Charities SORP (FRS I02)'A¢uming arMI Reporting by Charities.. Sthiement of Recommended Prdctice applicable to charities preparing their accounts in aco)rdan¢e with the Fin•)¢iai RerM>ning Standard 8pplicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Sndard 102 Tr Financial RerA)rting Standard applicable in the UK and Republic of Irela1,. the Accountin8 Direction for priva registered provideT5 of so¢ig1 houspng in England 2019. The finan¢ial statements are also Fryared underthe requirerneTbts of the Housing and Regen¢rntton A¢t 2008 and the Compani¢s Aa 2006. The finan¢ial ststements have ten pr¢pated under the hi51orical cost convention with thE exception of inv¢sth)ents which are held at market value. The financial ststemCr arc presented in sterling which is the fijwional clnCY ofth¢ Charitable Cotryany. Financial reporting staThJard 102- T¢dueed di5Glosure txeTnptions The ¢haritable Company has taken advanthge of the following di10sre ¢xenyion5 Ln preparin8 these financial ststements. As pemiitt¢d by FRS 102 The Financial Rewting Stsndard applicable in the UK and Republi¢ of IrelaT)d' the requirements of Sedion 7 Swemem ofcth Flo. All incorne is recogni5ed irt the Staterttent of Finaneial Activities once the Charitsble Compny entitlernent the funds and bt is probable that the income will be received and the can be Meas reliably. Income derived from rental and service Charge5 I[oMe is ststed ¢t of loss¢s from voids. 1kn8tion5 in kind arc included at valuation at the date of ihe dorjation. The value of strvices provided by voluntters has not been inclth. Expenditur¢ Liabilities are reCotSed as expenditure as %MJn as thEre is a legal ot constr11¢ obligauon committtng Chari1e Company to thai ¢xp¢ndiiure. it is probable thai a transfer of ¢corM)mic benefits will be requirtd in settlerT*Ot and the amow)t of the obligation Can be measured reliably. Expendtwr¢ 1$ aceotutt¢4 for on an accruals basis and has been classified under heading5 that aggregate all cost related io the tegOry. Where costs can[1 be directly attributed w parti1#r h¢adin85 they have been all(xated to acti¥itLes on a basis consistent with the use tsf resources. Allouti04 aTrd &pportioament ftyf costs Support e05t5 are allocated to the Charitsble coWS principAI Charitable athivity.
Th Abbtyfield Great Mi55endgu & Di%trirt Society for the yer ended 30th Septembtr 21ll4 l. AccouiYfiNC POLIc- tned TallEible fixed 4sstts Housing land and buildings are stated at Cost less xcumulatuj depreciaiion. The COM of prop¢rtie$ 1$ purchase pric¢ together wth incidenta] costs of acquisition plus expenditure on property whi¢h results in an Depreciation 1$ charged on housing PTopertie5 on a strdi8ht line basis over their esrimated useful e¢oTKJmi¢ lives. The depreciable Major ¢omponents ar¢ tred as separable assets and deweciated ovtr their exwityj useful ¢TK)MI¢ lives ai the following rates.. Tangible fixed asyets StrUcre Roofs Windows and doors Kit¢hens Bathr(x)ms 100 50 30 30 30 3.33Y• 3.33Yo 3J3¥• Depreciation is char8ed on other tsnwble fixed assets on a straight line basis at ratrs of aThl 21PA per ann on cost. Where there is eviden of impalmni. fixed 8ssets WTitten to their r0verable being the higher of the net Invcstm¢nts Fixed asset investments arc srated * the lower of cost and mwet wal. Taxation The Charitable Company 1$ exempt from cwrntion t&x on its dwitable Xtivkties. Value added tax The Charitable Company is T1 registered for VAT 4TKI expu¥JttiJre irKludes w relevant VAT clement. Fund aceountiDg Unrestrithd funds can be used accordance with the charitsble objective5 at the discretion of the Trustees. Restricted fijnds can only be us¢d for particular ffstric PUTP)w wrthin th¢ objects of the Charithble Conwany. Restrirtions aris¢ when spe¢ifi¢d by th¢ doTh)Y or when are raised forparticular rtstriaed pts. Further explanation of the naruve and puw of each fiknd is in the notes to the financial thtements. P¢nsion costs aDd other p051-retiTrmeDt benefits The Society has a pension Scheme for ¢ertatn of its employ which 1$ a d¢fid ¢ontrIbl0$ scheme. The so¢trfys ¢ontribution are written off to the Statemeni of Finartcial A¢tivities as irt¢urr¢d. Ca$h xt bDk in h*•d Cash at bank and in hand inclth wh held in sts)rt trrn) deiKJSii acwmts or aCcOts with in51ant ¥¢ess. 2. INVESTMENT INCOME 2024 2023 Deposit account inier¢s¢ 8,243 6,030 10
The AbbeyfKld Grut Missenden & Dis¢ri¢¢ sety Notes to ttse FiDaliCi81 Statenbents for the ye•r ¢Ddtd 30¢b Septemb¢r 21)24 3. CHARITABLE ACTivrrIFS cosrs Direct Costs Supw)rt Costs (stt noie 4) Totals Providing support and a¢¢on¥tion for elderly peopl¢- 2024 352.025 8.025 360,050 Providing suiwort and 0MHl0n for elderly people- 2023 321216 6.563 327,779 4. SUPPORT COSTS Governance Costs 2024 2023 Providing support and aCConli0 for elderly people 5. NET INCOMEI(EXPENDITURE) Nei inwnl{eXpend1tUre) is sratsj after charginyJ(crediting): 2024 2023 Deplation. o¥vrKd &ssets & TRUSTEES REMUNERATION AND BENEFITS There were no Trustrt5' remuiieiation or othtt bMefits for the year ended 30th SepteThber 2024 (2023: £Nil) Trnstees. exp¢ns¢s There re no Tnk#¢¢s' expense5 paid forthe year ended 30th Septembu 2024 (2023: £Nil) 7. STAFW COSTS 2024 2023 Wa8e5 and salaries Social Security Costs Other pension costs 158.730 9276 3.028 171.034 142,717 1,958 6,009 160.684 The average monthly numb¢r of employees during the year follo 2024 2023 Hostel staff - part time Hostel staff- full time No employees receivcd ernolunts in excess of £60.rM). Current and prioryear.
Tkn• AbyrAm Gmt Misse•de• & Distiirt So¢itty Not¢s ¢0 the FsDneil SttbM#ts for tlxe ytAr ¢Mded 30th Septernr 21)24 8. HOUSING STOCK Units in Management 2024 2023 Hostel Accommodat¥on- Housing for older people Number of bed5 9. SOCIAL HOiJSINC TURNOVER AND COSTS 2024 2023 R¢nt ff¢eivable excluding service Charges and net of void loss¢s Less.. SeTvi¢e charges Social ho51n8 activity expenditwe Opbrating Su1$ from swial h)using activities 348,770 304.232 360.050 327,779 (23,547) (11,280) Void Losses 27.466 42,848 Ill. TANGIBLE FIXED ASSETS Freehold Land and Buildin85 Fixtures at)d Fittings Totals At 1st Oetober 2023 967.445 253.299 63 253,362 1220,744 63 1,220,807 Prior Year Adj At 30 September 2024 D¢pr¢¢iatio At Jst Oetob¢r 2023 Prror Year Adj Chxrge for yer At 30 September 2024 Net Book Vlue 967.445 305.929 141.641 63 447.570 63 14.183 320,112 12.895 154,599 27.078 474.711 At 30 September 2024 647.333 98.763 746.096 At 30 S¢piember 2023 661,516 11.658 773.174 11. FIXED A£T tr4YEsTMEfs 2024 2023 There We no inv¢51m¢nt assets IKld outside the U Investments Ineither listed nor unlisted) wtre as follows.. Foley painling coll¢dion io,(M)o io.(Kx) 12
Th¢ Abbeyfield GrtA¢ Missenden & District Soutty Note5 to tbe Vinancial Si*temeDts for the year ended 3ffth Stpternber 2024 11 DEBTORS: AMOUNTS FALLING DUE WTfHIN ONE YEAR 2024 2023 Debttsrs Prepayments a1 accrued income 87 9,806 9.893 9,765 8,091 17,856 I& CURRE]Irr ASSET INVESTMENTS 2024 2023 C8sh h¢ld on call deposit 195,393 263.910 14. CREDITORS: AMOUMS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trdde credittsTS Social security and other taxes (hher ¢rediLof5 Accrued expenses 5.807 1.456 2,782 7,883 12,782 2,805 141.59 8,841 17,928 24.569 IS. CREDITORS: AMOUK15 FALIJNG AFfER MORE THAN ONE YEAR 2024 2023 Other Creditors 2,701 I& PROVISIONS FOR L]AB]LITIES 2024 2023 Opening Balance Transftr from lies¢rves 79.907 (30.107) 32.389 82.189 Expenditure Provision charge for ihis year Closing Balance 17. MOVETrrr IN FUNDS Net nN)vernent in funds At 1.10.23 At 30.9.24 UArcstricltd General filnd 578,509 (79.9)D 498,602 Rcstri¢ted funds Capithl Grants received 497.340 497,340 TOTAL FUNDS ,075.849 (79,9071 995,942 13
Th¢ Abbeyfidd Great Missettdeffj & Distric¢ Society Notes to tILe FiDncial Sttements for the yearended 30th September21124 Net rn0vcnt in funds included in the above arc as follow5.' Incoming Resources expended Movement tn funds Unr¢$tri¢t¢d funds General fvnd 360.050 360,050 TOTAL FUNDS 360.050 360,050 Comparative for movenxnt in fvnds Net mov¢nKnt in funds Ai 1.10.22 AI 30.9.23 Unr¢$trf¢ted fwnds General fiknd s.702 (12,193) 578,509 Restricted funds Capital Grants rtteived 497,340 497.340 TOTAL FUNDS 1.088 042 1075 849 Comparative net movenKnt in fw)d% included in the abovc arr follows: Incomin8 resources Resources ¢xp¢nd¢d Movement in nds General 315.493 327,779 (12,286) TOTAL FUNDS 315.493 327 779 12.286 tyfR¢J¢ricl¢d Flld5 Soci41 Housing Grant Social Housing Grani can be recy¢led by the Charitable Company under certaÉn circurn51ance: if a propErty is 501d or if another relevant event as defiDed in The Recovery of Capital Grdnt and Recycled Capital Grant Fund General Detennination 2017. fn these cases Social Housing GTants ¢an be used for projects approY¢d by the [lousing Corporation. Social Housing GrdTts rnay have to be repaid if those ¢ir¢umsthnces are not met. 18. RELATED PARTY DISCiA)SURES There were no r¢la¢ed party transaction5 for the ycar ended 30th Seo¢mber 2024 (2023.. £Nil) 19. RELATED PARTY DISCLOSURES The liability of each member 1$ limiied to £1 by gtsanfflee. 14