REGISTERED COMPANY NI)MBEK. 0(1996￿ (England and Wales)
IIEGISTERED CHARtTY NUMBER: 5(10644
Re ort of the Trustees an
Audited Finaneial Statements fo
31 March 2025
for
Ab
eld
Socie
Limited
JBC Accountants Lin]itsd
sta￿tOry Auditor
3B Lo¢kbeed Court
Preston Fami
Stockton on Tees
TS18 3SH

Abbe
eld
arlin
Limited
Contents of the Finaneial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Report of the IndependentAuditors
5 to 7
Statement of FAnaDcial Activities
Bv41an¢e Sheet
9 to 10
Cash Flow Statement
Notes to the Cash Flow Statement
12
1¥4otes ts> the Fknanclal Statements
13 to 20

rlin
ton
Socle Iimlted
rt of the Trnstees
for the Year End
l March 2025
The tn￿te¢S who are also directors of the charity for the puty)ses of the Conwanies Act 2006, present their rqM)rt with
the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Re￿Mmended Pra¢ti¢e applicable to charities preparing their
accounts in accordance with the Financial Rep)rting Stsndard applicable in the UK and Republic of treland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objertive5 and aims
The Society is established for the public benefit to provid¢ a￿Mmodatio￿ (are and companionship foT lonely or frail,
elderly people in accordallce WAth the aims and principles of the Abbeyfield Society Limited
This activity falls wholly within hoskl housing activities as d¢fined in the Housing and Regenerdtion Act 2￿8.
Slgnfificant acllvllles
The Society provides and wanages three houses for the elderly in DarlIngtO￿ being Sit Charles StarnKr Howe.
J.F.Latimer House and Eari Keelan House.
The Socidvs PTincipal source of funding is the monthly charges receiveAI from residents for their room and m¢als.
tncome recelved from re5id¢nts for room hire in the year to 31st March 2025 was £484,602; this Iw increased from the
previous year (£463.121).
Public benefit
The Executive Committee hav¢ complied with the duty in Section 17{5) of the 2011 Charities Act to have due regard to
guidance published by the Charities Commission (ie public benefit statement).
Volunteers
The T￿￿ are all vohmlary. They att grate￿1 to the small number of volunteers who participate in residents social
and other activities.
ACHIEVEMENTS AIYD PERFORMANCE
Charitable Vdetivi¢fies
The Society Continues to provtde a high slandard of 8¢rvice to our residents despite the ever incr￿Ing costs that we
incur. The occupan¢y rate for 2025 was 840/0. Rents were increased to reflect the incre&se in the cost of livin& Despite
increased pa￿011 and other costs th¢r¢ was a S￿￿1￿S for the year of £39,919 (2024 £ 57,907) before gains on
investments
The Trnstees review the financial results and wsilion p¢riodicalty and regularly n￿nitOr perf0rnwi￿ against budgets.
FINANCKAL REVIEW
Financial positffion
The Society h&g a healthy financial positi4)n at the year end and is set out on the Societys balanrK sheet on page 8.
Cash at bank and in hand at 31st March 2025 is £137J20 (2024". £122.833) and this is available to m¢¢t any future costs
that may aTiSe.
The net income for the year was £51,342 (which includes £11,423 net gains on investments) (2024: £98,060)
Our investhients are managed by two independent fiwd managers. There has been an increase ID the value of investsnents
since 31 Match 2024 of £14266, however, Ibere have be¢n withdrawals from the funds of £109,455 to cover
Tefurbishn￿nÈ and improvemejjt costs. This has Tesulted in a fall in the value of investh]ents at 31 March 2025 to
£307,548 (£95,189 decTrase). The In￿ remain CODfid¢nt that the valuations will illcreas¢ in the medium to long t¢mi.
The society's nd assets at 31 March 2025 gmoutrted to £2256,160 which ¢onwares to £2204.818 at the ¢nd of th¢
previous year.
Reserves policy
Reserves which includ¢ readily realisable Independentty rnanag￿ inv&8lment portfolios ar¢ required to meet r&1uction
in income due to unexpected under occupancy and Ullexp￿d leve]s of and any planned rqyair and refillbishment work
in the futur¢. as well as any unplamied emergency repairs that may arise.
The trustees consider that an adequate level of reserves as at 31st March 2025 would be £250,000.
Page I

Ab
eld
ocie
Liml
Re rt of the Tru
for the YeAr Ended 31 March 2025
FufuRE PLANS
The Society will continue with the genernl refuEbislllnent and in￿rOVeMent to residents, n)oms and the bouses and
surrounding ar￿ in general.
Goverlllng do¢un￿nt
The Society is govern￿ by its MemoraDdum of Association which establishes the objects and powers of the Society and
its Articles of AssrtAatioo ljoth are dated 8th December 1970 and amended by a Special Resolution dated 20 July 2(X)5.
The Society is a Company limited by guarantee, having no share capitaL as defined by the Companies Act 2006.
It is also registered as a chartty with the Charity Commission.
Re¢ruitmen6 appointment and induction of new trustees
As set out io the Articles of Associatt0￿ the numlxr of tn￿teeS shall not be less than thre¢ and no more than eigbteen.
New trustees are ap￿)inted &s set out in the Arti¢l&s of Associatio￿ All Intstees are en¢outaged to nominate new
memb¢rs.
Ncw Trustees are given adequate training so that they are aware of their l¢gal obligations under charity and company
law, the Charity Commi&8ion guidance on public benefiL content of the S￿Iety's Mernorand￿ and Articles of
Associatio￿ th¢ commitr and decision-making processes.
Organisation81 strneture
The board of kn￿Stees admI￿ta5 the S(￿lety, wbith meets a minimum of quarterty. A secretsry and treasur￿ have been
appointed from members of the boatd..
A general manager is employed to facilita* the day to day nllming of the Society.
Rlsk n￿ll￿gement
The trustees have a duty to identify and review the risks to which the Society is exEwd and to ensure that appropriate
controls are in place to provide reasotvdble a&%urance against fiaud and error.
The maill risk to the Soci¢ty is the possibility of ￿luC¢d occupancy. Occupancy levels are moJ]itQT¢d continuously.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
00996404 (England and Wales)
Registered Charity number
Registered office
Sir Clwles Stam)er Ho￿e
Danby Lodg¢
Ashcroft Road
Darlington
Co. Durham
DL3 8PD
Trnstees
trs G Wiper (Secretary & Chair)
Mr D L Steel (Treasurer)
Ms C A Sobkowiak
Mrs H I Scott OBE
Mr P Robinson
Mr A Teague
Mts E Lyle
Mr G Blenkinsop (appointed 1111212025)
Company Secretary
G Wiper
Page 2

Abb
arlln
Sotie
Lfin￿ted
ort of the Trustees
for the Year Ended 31 MY4rch
REFERENCE AND ADMINISTRATIVE DETAllS
Audfitors
JBC Accountants Limited
Stthtory Auditor
3B Lockheed Court
Preston Farni
Stockton on T¢¢s
TS18 3SH
Sollcitors
latimer Hinks
5-8 Priestg*e
Darltngton
County Dutham
DLI INL
Bankers
Barclays Bank plc
27-31 High Row
Darlington
DL3 7QS
STATEMENT OF TRUSTEESI RESPONSIBILrrIES
The trustees (who a￿ also the directors of Ablwfiejd (Darlington) Society Limited for the pUt￿se$ of company kaw)
are responsible for prepaTiDg the Rq)ort of the TnLgtees and the financlal statenjents in accordance with applicable law
and United Kingdom Accounting Standards OJniÉed Kingdom Generally Accepted Accounting Practice).
CompaDy law requires the trustees to prepare flljancial statements for each financial year. Under that law, the tntstees
have elected to prepare the financial statenmlts in a￿ord￿¢ with United Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law).
Under ￿MpanY law the trustees must not approve the fmancial statements unless they are Satisfi￿ that they give a trne
and fair view of the state of affai￿ of the cFthtitable company and of th¢ incoming resourcas and application of
resources, including the income and expenditure, of the charitable company for that period. tn preparing those financial
statenmits, the tnLStees are required to
select suitable accounting policies and then apply them consistently,
observe the methods and principles in the Charities SORP.
njake judgements and estin)ates that are reasonable and prndent.
prepare the financial statements on the going concern b&sis unless it is inappropriate to presume that the charitable
Company WAII contlnue irt business.
The trustees are respotLsible for keeping proper accounting records which disclose wAth reasonable accuracy at any tillke
the financial position of tbe chaTitable ¢ompany and to enable them to ensure that the finaD¢ial statements comply with
the Companies Act 2(K)6. They are also ￿spOnSible for safeguarding the assets of the clwitable company and hence for
tsking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the tn]stees are aware:
there is no relevant audit inftlrn￿tion of which the charitable company's auditors are unaware. and
the I￿Ste&% have taken all steps that they ougbt to bave taken to make themselves aware of any relevant audit
infornlation and to establish that the auditors are aware of that infomMtion.
AUDrroRS
Th¢ auditOTS. JBC Accountants LimiteiL will b¢ propos¢d for re-appointment at th¢ forthcoming Annual General
Meeting.
Page 3

Ab
eld
on
cie
Limited
R ort of the Trustees
for the Year Ended 31 March 2025
This report has been prepared in accordance with the s￿CIal provisions of Part 15 of the Companies Act 2(K)6 relating
to small companies.
Approved by order of the board of truste&8 on ..11.ats￿￿ 2èZ.W... and signed on its behalf by:
G Wiper- Secretary
Page 4

rt of the Inde
Id
endent Auditors to
on
Limited
Oplnlon
We have audited th¢ fitwicial statcments of Abbeyfield {DaAington) Society Limited (the 'clwitable company,) for the
year end￿ 31 March 2025 which comprise the Statement of Financial A¢tivitie4 the Balance SheeL the Cash Flow
Ststement aod notes to the f￿anCIal stateD￿l￿, including a surnm￿ of Si￿]fiCallt acwuntmg policies. The financial
reporting framework that has been appli￿ in their prepardtion is applicable law and United Kingdom AcLx)unting
Standards (United Kingdom Generally A(w>ted Accounting Prnctice).
In our opimion the financial ststements:
give a true and fair view of the state of the charitsble companys affairs as at 31 March 2025 and of its incoming
resources and application of resources, including its income 8nd expenditure, foi the year then end￿.
have been pTh)perly prepared in accordance wtih Untted Kingdom Generally Accepted Accounting Practice" and
bave be￿ prepared in accordance with the requ1￿cnts of the Companics Act 21JO6.
Basis for opinRon
We conducta our audit in accordance with InteTnational Standards on Auditing (UK) OSAS (UK)) and applicable law.
Our respN)DsibAIities under those standar(ts are furtlKr d¢s￿Ibed in th¢ Auditors, responsibibties for the audit of the
financial statements section of ow reporL We are independent of the charitable company in accordance with the ethical
requirnents that are rel¢vant to our audit of the financial statements An the UK including Ihe FRC'S Ethical Standard,
and we have fvlfilled our other ethical reS￿nsIbIlitieS in accorthce with these requirem￿￿. We believe that the audit
evid¢nce we have obtained is sufficient and appropriak to provide a basis for our opinion.
Condusions relating to going coneern
Jn auditing the financial statements, we have concludeAI that the trustees, use of the going conLYrn basis of acLx)unling in
the preparation of the financial statements is appropriate.
B&8ed on the work we have ￿rOMie4 we have not identified any material uncertainties relating to events or conditions
thaL individually or collectively, n)ay c&8t sigoifiegnt doubt on the c1￿1t￿ble CoMpan￿S ability to wntAtiue as a going
concern for a peri(Kl of at least Iwelve months from when the fmancial statements are authorised for issue.
Our responsibilities and the rwibilities of the trusteas with respect to going concern a￿ describ￿1 in the ￿levant
sections of this re￿rL
Other Information
The tnL8tees are responsible for the other inforn)ation. The other infom)ation compris¢s the infommtion included in the
Annual Repor¢ other than the fjn8ncial statettlents arml our Re￿rt of the Independent Auditors thereoll.
Our opinion on the financial statements does not cover the o11￿ infom]ation an(L except to the extent otherwise
explicitly ststed in our rq￿r¢ we thy not express any forni of a*8ur￿ Conclusion thereon.
In connection with our audil of the financial statements, our responsibility is to Tead the other inforrnation an4 in doing
so, consider whether the other inforn]ation is materially inconsistenl with tbe fm8ncial ststements or our knowledge
obtained in the audit or otherwise appe￿5 to be materially misstate4L If we identify such material inconsistencies or
apparent Jnaterial mIsstate￿¢llty we are required to detemiine whether this gives ris¢ to a mat¢rial misstatem¢nt in the
financial statert￿lts themselves. If, b&8ed on the work we have E*rfornie¢ we conclude that there is a material
misstatement of this other inforn)atioD. we ar¢ r¢quired to rqx)rt that f&t. We have nothing to rep)rt in this regard
Matters on whi¢h we are required to report by exception
We have nothing to report in respect of the following JDatters whete the Charities (Accounts and Reports) Regulations
21)08 requires to report to you if, in our opinion:
the inforn)ation given in the Report of the Tn￿tee8 is inconsistent in any material respect with the financial
statements. or
the charitable company has not kept adequate accouthing records" or
the financial statements are not in agreemenl with the accounting records and returns. or
we have not Teceival all the inforn￿tiOn and explanations we require for our audiL
Page 5

Re ort of tbe Ind
Abbe
ndent Audltsrs to the Trnstees of
DarllD
ei
mi
Responsibllldes of trustees
As explained more fully in the Statement of T￿￿tee$. Responsibilities, the trustees (who are also the directors of the
charitable company for the puryjses of conjpany law) arc rcspowble for the preparation of the financia] statements and
for being satisfied that they give a true and fair view, and for such internal control as the trustees de*rn)ine is necessary
to enable the preparation of finallcial ststements that are frcc from material miss&thenL wh¢th¢r due ￿ frdud or error.
In preparing the financial ststem¢nts, the trustees are Tesponsil)le for assessing the charitsble company's ability to
continue as a going concern. disclosing. &q applicabl4 Telatcd to going concern and using the going concem
of accounting unless the trust￿8 eilheT SDtcnd to liquidate the ckntable company or to Ce￿ o￿at10J￿ or have
no realis*ic alternative but to do so.
Our responsibilities for the #udit of the financial statements
We have been appointed &s auditOf5 under Scction 145 of the Clwities Act 2011 and report in accordance with the Act
and relevant regulations madc or having effect thereunder.
OL￿ objectives are to obtain re&sonable assurance alx)ut Wheth￿ the financial statements &8 a whole aye free from
ll)atrrial n)i&8tatemenL whether du¢ to fraud or emiT, and to issue a Kq￿rt of the Indep¢ndent Auditors that includes our
opinion. Reasonablc &8sufdnce is a higb level of assurdnce, but 18 not a guarantee that an audit conducted in accotdallce
with ISAS (UK) will always detect a material misstat¢ment when it extsts. Misstaten]ents can arise from fraud or error
and are considerAI mateTial if, individually or in the aggregate, they could re&sonably be experted to influence the
econotnic decisions of usus tsken on the basis of these financial statements.
The extentto which oUrpT(Ked￿￿ are capable of detecting irregularities. including fraud is detailed b¢low:
trregularities, including fraud. instances of non-coJnpEiance with laws and regulations. We design procedures in lin¢
with our responsibilities, outlined above, to detect material misstatements in respect of iTregulaTities, including fraud.The
¢xtent to which ourpnx¢dures are capable of detecting iTregularities, including fraud is detsiled below:
- We identifi￿ ar¢a5 of law and regulations that could reasonably be ¢xpethd to have a material effert on the fmancial
statements, frorn our knowledge of the Charity and disc￿S1onS with tn￿ee$.
- We had r¢gaTd to laws and regulations in areas that dtrectly affect the financial statementy including the rnles and
regulations set out in the Charities Act 2011. Companies Act 2(K)6 and FRS 102.
- We made e￿quirieS of the trustees as to their knowledge of actual. suspected and alleged fraud and th¢ existence of
internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
- The engagcm¢nt partner ensured that the ¢ngagement team had the appropTiate competenc¢, capabilities and skills to
identify or recogTAise non-compliance.
- We address¢d th¢ risk of fraud through management bias and ov¢tride of controls, by testing awounting records.
including the appropriateness of journal entrie& to identify unusual transactioLs and assessed whether the judgements
made tn making accounting ¢51imates are indicative of wtential bias.
- We d￿1glled procedures which included but weTe not limited to agteeing financial statement disclosures to underlying
supporting documentation ond enquiring of th¢ tn￿ as to actual and ￿)tentIaL litigation and claims.
Our audit proce(hwes werc d¢signed to reS￿nd to risks of material rnisst2t¢n￿t in the financial statcmcnty recognising
that the risk of not detecting a mafrrial misstatement thie to fraud is higher that the Tisk of not detecting one r&8ulting
from error, as frdud may involve delibera* conc￿lMent or through Coll￿100. There are ITJherent limitations in the audit
procedur¢s perfornjed and the ftjrther renwved llOD<ompliance with laws and regulations are from financial statements,
the likely we are to be£ome awar¢ of it.
A further description of our restx>nsibilitics for th¢ audit of the fitwjcial $tal¢ments is located on the Financial RqM)riing
Council's website at www.frc.org.uklauditOTsr&swinsibiliti&s. This descriptiijn fonns part of our ReRkn of the
Independent Auditors.
Page 6

rt of the Inde
Abbe
eld
ndent Audltors to the Trustees of
Limi
Use of our report
This report is madc solely to the charitable CoMpan￿S trustees, as a Ixjdy, in accordance with Part 4 of the Charitie5
{Accowits and Re￿ts) Regulations 2(K18. Our audit work h8s undertaken so that we might slate to the charitable
company's tTUSte£s those rnatteT5 we a￿ required to 8tate to thcm in an auditors, rq)ort and for no other purEN)se. To the
fullest extent by law, we do not accept or assume respO￿bIlIty to anyone other thaD the chaTitable CoM￿Y
and the clwitable coMpan￿S trustees as a ixMJy. for our audAt wo￿, ftir this repoJ( or forthe opinions we have fornied.
JEC kL[5LLythx￿1B LL￿￿&
JBC Accountsnts Limited
Stalutory Auditor
Eligible to act as an auditw in tern)s of Section 1212 of the Companies Act 2006
3B tA)ckheed Cipurt
Preston Fann
Stockton on Tees
TS18 3SH
Date:
Page 7

arlln
Socie
Lin)Ited
ststement of Finalleigl Activities
bratin
IncoD)e E
ndltllre Acco
for tbe Year Ended 31 March 2025
nt
3113125
Total
funds
3113124
Total
funds
Unrestricted
funds
Restri¢ted Endowment
fllnds
nd
Notes
COME AND
ENDOWMENTS FROM
Charitable •ctlvltles
Social housing
490.939
600
491,539
470,915
]nvestment Inc￿Me
10,422
10,422
10,442
Total
501,361
600
501,961
481,357
EXPENDTTURE ON
Raising fimds
6,1 12
6.112
6.182
Ch8rit&ble activltles
Social housing
455.746
184
455,930
417,268
Total
461,858
184
462,042
423,450
Net gains on investments
11.423
11,423
40.153
NET INCOME
50,926
416
51,342
98,060
RECONCILIATION OF
FUNDS
Totsl funds brought forward
2,105,885
933
98,000
2204.818
2,106,758
TOTAL FUM)S CARRIED
FORWARD
2,156,811
1,349
98,000
2.256,160
2,204,818
The notes forn] part of th&4e fmancial ststements
Page 8

Abbe
rliD
Limited
Balance Sheet
31 March 202S
3113125
Total
funds
3113124
Total
nds
Unrestrieted
fuDds
Restricted Endowment
fvnds
fund
otes
FIXED ASSETS
Tallgible assets
Investments
li
12
1,730328
307,548
300
98,000
1,828,628
307,548
1,732,309
402,737
2,037,876
300
98,000
2,136,176
2,135,046
CURREiYf ASSETS
Debtors
Cash at bank and in hand
13
36,016
136,271
36.016
137,320
22.091
122,833
1,049
172,287
1,049
173,336
144,924
Amounts falling thie WAthin one
14
(53,352)
(53,352)
(75,152)
NET CURRENT ASSETS
118,935
1,049
119,984
69,772
TOTALASSETS LESS
CURRENF LIABILrrIES
2,156,811
lJ49
98,IXIO
2,256,160
2,204,818
ET ASSETS
2,156,811
1,349
98,0
2256,160
2,204,818
FUNDS
Unrestricted knds
Restricted funds
Endowment fL￿(L$
15
2,156,811
1,349
98,(KK)
2,105,885
933
98,000
TOTALFUNDS
2,256.160
2,204,818
The charitsble cornpany is cntitled to exeinption from audit under Section 477 of the Companies Act 20[￿ for the year
ended 31 March 2025.
The members have not deposited notice. pursuant to S¢¢tton 476 of the Companies Act 2006 requiring an audit of these
finan¢ial statements.
The tti]stees acknowledge Iheir r￿[KIll8]bilIties for
(a)
ensuring that the ¢haritabl¢ company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2(M)6 and
preparing financial statements which give a ttu¢ and fair view of the state of affairs of the charitsbl¢ Company as
at the end of each financial year and of its surplus or deficit for each finaDcÈal year ID accordance with the
requirements of S¢ctions 394 and 395 and which othenvise comply with the requirements of th¢ Cornpanies Act
21KJ6 relating to financial statementy so far as app]icable to the charitable company.
(b)
These financial statements have been audited under the requiRmetts of Section 145 of the Clwitie8 Act 2011.
The notes fomi part of these financial statements
Page 9
continued...

Abbe
Lin)ited
Balance SI￿t- eolltinu
25
These financial statements have been prepared in a¢cor{kn￿e with Ihe provisions applicable to charitable companies
subject to the small companies regime.
The finan'l statements were approved by the Board of TnJstea8 and authorised for issue on
and were SA￿ed on its behalf by:
rs G Wiper- Trustee
D L Steel - Trustse
The notes forni part of these financial statements
Page 10

Abb
Id
IAmited
Cash Flow Statell￿nt
r th Year Ended 31 March 2025
3113125
3113124
Cash flows from opernthig actlvldes
Cash generated from operations
11,379
36,837
Net cash provided by operating activities
11379
36,837
Cash floTrv5 from investing activities
Purchase of tangible r￿ed wets
Sale of fixed a&set inv&stments
Jnt¢r¢st received
(107,813)
109,455
1,466
(160,390)
100,000
798
Net cashprovided by/(used io) investAng activAties
3,108
(59,592)
Change in cash and cash equivthnts in
the reporting period
Cash YdDd ¢￿h equivalents at the
beginning of the reporting period
14,487
(22,755)
122,833
145,588
Cash Ydnd cash equivalents at the end of
the reporling perAod
137J20
122.833
The notes fonD part of these financial ststements
Page 11

Ab
arlin
on
Socfi
Limi
Notss to the Cash Flow Statement
for the Year Ended 31 March 21)25
REcONC￿TATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcrtvrrtEs
3113125
3113124
Net income for the rep)rting period (a5 per the Statement of FlnaD¢ial
Activities)
Adjustments for:
Depreciation charges
Gain on investments
Interest received
Net invebtment income
Increase in dd)tors
Dectwe in credito
51342
98,060
11,494
(11,423)
(1,466)
(2,843)
(13.925)
(21.8(X))
12.231
(40,153)
(798)
(3,461)
(6.313)
(22.729)
Net cash provided by operatioDS
11,379
36.837
ANALYSIS OF CHANGES IN NET FUNDS
At 114124
Cash flow
At 3113125
Net ￿sh
Cash at bank and in hand
122,833
14,487
137.320
121833
14,487
137J20
Totsl
122,833
14,487
137,320
The notes forni part of these financial ststements
Page 12

Abb
eld
arlln
Notes to the Ftnancial Stydtements
for the Year Ended 31 M￿ch 2025
ACCOUNrtNG POLICIES
Basis of prep8ring the financial statements
The fmancial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the CI￿ltieS SORP (FRS 102) 'Ac¢ounting and Reporting by Ckwities: Statrment
of Rccommended Practice applicable to charities prepaTing their accounts in accordan¢¢ with th¢ Financial
RqK)rting Standard applicable in the UK and Iiepublic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Stiindard applicable in the UK and Republic of
Ireland, and Ihe Companies Act 2(X)6. The financial statements have been pryared under the historical Cost
convention, with the exception of investjnents which ar¢ Includ￿ at nwket value, as rnodified by the revaluation
of certain assets.
Income
All income is recognised in the Statement of FiDancial Activities once thc ch2rtty h&8 entitlement to the it
is prijbable that the iDcome will be received and the amount can be nieasured ￿LIably.
Expendlture
Expenditure is reCo￿lsed once there is a legal or construrtive obligation to make a pa￿neTrt to a third paty, it is
probable that settlement will b¢ required and the amowit of the obl￿10￿ can be tlleasure4 reliabty. Exp¢nditur¢
is ¢1&&8ified under thc following headings..
- rdising funds comwise the costs of managing the investmeots h¢ld by th¢ Society,
- expenditure on charitable artivities include the w5ts directly related to the provision of Social Housing and
their related support costs.
The S￿Iety is not r¢gist¢r¢d for VAT. I￿CcOyerdb1e VAT is charg&1 as a cost against the activity for which the
Allocation and Spportionment of ¢05ts
Support costs are those fimctions that ￿l$t the work of the s(￿iety but do not directly undertake the charitable
activity. These ￿$ts include managemen¢ fitmnce, payroll and governance Costs which supprt the provision of
Social Housing.
Tall*le rued assets
Depreciation is provided at the fttrllowing aDJ]ual rntes in order to WTite off each asset over its estimated usethl
Fre£hold propety
Fixtures fittings & quipm¢nt
not pmvided
250/0 on cost and 20% on cost
HousAng land and properties are stated * cost or valuation. The cost of properties is their purchasc pric¢ together
with incidental costs of acquisition.
Expenditu￿ on housing properti¢s. which results in an enbattCen￿Lt to the ttonomic benefits arising from the
propertie￿ or is considered to be a replacement or rcstoration of an item is capitaliseiL
No depreciation ig charged on housing pmperties because they are maintasned in a state of repair such that thc
estin]ated residual valuc of land 2nd buildings is noÉ less than their net book value. The allnual Ch￿ge wou]d
the￿Ore be imnmterial.
Taxation
The charity is exempt from corpordtion t&x on its chatitable activitie
Fund accounting
Unrestricled funds can be US￿ in accordance with the th￿Itable objertiv¢s at the discretion of the trustees.
Reslricted cau only be used for particular restTiCted puw WAthin the objects of the chaTity. Restridions
arise when specified by the donor orwhen fimds are rdis¢d forparticu]ar restricted purposes.
Further explanation of the nature and pujpose of each fund is included in the notes to the financial statements.
Page 13
continu￿...

Ab
ar
Socie
Limlt
Notes to the FiDgncial Statements- continued
or
e Year Ended 31 March 2025
ACCOUNnNG POLICIES- continued
Pension eosts and other post-retlrement bener
The charltsble company op¢rat¢5 a defin￿ contiibution pension scheme. Contributions payable to th¢ charitable
compan￿5 pension scheffle are cbarged to the Stst¢ment of Financial Activities in the pcrlod to which they relate.
Investments
Invesknents are a forni of basic financial inslnrnent and are initially Tecogniqed at their Izansaction value and
subsequently rneasured at fair value as at the balance sheet date using the closing quoted market PTice.The
statement of fu￿nCIal activities incllldes the net gains and losses arlsing on revaluation and disposals during the
year.
The SIKiety does not acquire put option4 derivatives or other complex financial inslnrnents.
All gains and losscs are tsken to the Ststement of Financial Activities as they *ise. Realised gains and losses on
inveslmcnts are calculated as the difference between sales proceeds and their opening carrying value or their
purchase value if acquired subsequent to the fttst of the financial year. Unrealised gains and losses are calculated
as the difference Etheen the fair value at the year end and their ca￿Ing value. Realised and unrealised gaitis
and losses are wmbined in the Staten￿Trt of Financial Activities.
The main forni of financial risk faced by the kniety is that of volatility in equity matkets and Investn￿lt Ala￿ets
due to wits economic conditions, the attitude of investors to inveslment risk and changes in sentiment
concerning equities and within particular sectors and sub sectors.
Going Concern
Th¢ tr￿Slee5 consider that there are no maknial unccrtainties about the charitys abiltty to continlle &8 a goiDg
oncern. Funds held at the year-end are considered sufficiart for the on-going operation of the charity.
VESTMEKf JNCOM
3113n5
3113124
Dividends and intsrest on equiti&s and securities
Deposit account interest
8,956
798
10,422
10,442
llYCOME FROM CHAIUTABLE AcfiviTIES
3113125
3113124
Aetivity
Social housing
Social ho￿8]ng
Social housing
al housing
Residents, R￿M Charges
Other income
Grants
Employment allowance
484,602
1,337
600
463,121
800
491,539
470,915
Page 14
ontinued...

Abbe
eld
arlln
Limited
to the FinAn¢i*l Sthtsments - continued
or
r Ended 31 Mareh 2025
RAlStNG FUNDS
Investment management eosts
3113125
3113124
Portfolio management
6,112
6,182
CHARrrABLE ACTMTIES COSTS
Direct
Costs (see
note 6)
Support
eosts (see
note 7)
Totals
Social housing
349,140
106,790
455,930
DIRECT COSTS OF CHAIUTABLE ACTIvIT￿s
3113125
3113124
Staff costs
161.886
10,769
15,580
48,482
5,335
32,776
29,711
11,003
18,288
3,816
11.494
147,032
10,791
14,842
42,471
4,707
34,194
31,349
10,265
17,143
3.744
12231
Light and heat
Telephone
Food and other hO￿oId costs
Repairs and Maintenance
Council Warden Service
Gardening
Hire of plant and machinery
Depreciation
349,140
328,769
SUPPORT COSTS
GoverDgnce
eosts
Management
Totals
Social housing
104240
2,550
106,790
Support costs, included in the aLN)ve, are as follows:
3113125
Sotfial
bousing
3113124
Total
aetiTrryties
73,830
68,189
143
2,147
7,157
8,513
2,350
Marketing costs
SundTies
Subscriptions and Affiliation Fees
Professional fees
Auditors, remunerntion
2,906
19,156
2,550
106,790
88.499
Page 15
ontinued...

Abb
eld
arllD
Socie
Limited
Notes to the Financial Statements - continued
for the Year ED
31 March 2025
NET INCOMEI(EXPENDITURE)
Net income/(expcndItu￿) is stated after ¢hargingl(crediting):
3113125
3113t24
Audiiorn, wnuneration
Depreciation- owned ￿ets
2,550
11,494
2,350
12,232
TRUSTEES, REMUNERATION AND BENEFITS
There were no In￿tees, renwnerdtion or other benefits for the year ended 31 March 2025 nor for the year ¢nded
31 March 2024.
Trustees, expell￿5
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the ¢lld￿ 31 March 2024.
io.
STAFF cosrs
3113125
3113124
wag￿ and salaTies
Social secuTity costs
Other pension Costs
209245
16.103
10.368
191,668
14.061
9,492
235,716
215,221
The average monthly number of employees duTing the year was as follows:
3113125
li
3113124
li
TotaL staff
No employees received emoluments in excess of £60,IK)O.
Page 16

bb
eld
arliti
Soele
Notes to the Finan
ial Statements- continued
for the Year EDd
h 2025
ii.
TANGtBLE FIXED ASSETS
Fixtures
fittiDgs &
equipment
Freehold
property
Totsls
COST
At l April 2024
Additions
DIs￿saIS
1,705503
80.416
235,521
27,397
(6,444)
1,941,024
107,813
(6,444)
At 31 March 2025
1,785,919
256,474
2,042,393
DEPRECIATION
At l April 2024
Charge for year
Elinjinated on disposal
208,715
11,494
(6,444)
208.715
11,494
(6,444)
At 31 March 2025
213,765
213,765
NET BOOK VALUE
At 31 March 2025
1,785,919
42,709
1,828,628
At 31 March 2024
1,705,503
26,806
1,732,309
Sir Charles starn￿r House became an asset of the Society as a tesult of a bequest from IAdy Starnier in January
1980. It is included in the accounts at its probate value of £98,(KKJ pl￿8 additioThs at cosL
J. F. Latimer House was financed by a bequest from Miss Muriel Latimer and is included at cost in the accounts.
Eari Keelan Ho￿se financed by the residue of the bequest from Miss Murial Latin]er, together with those
from Thom&8 Earl and Miss Keelan and is also included at cost.
12. FIXED ASSET INVESTMENTS
2025
2024
Value of investments at l A￿71 2024
Divid¢nd and interest received
InvestrneDt portfolio management charges
Withdrawals duTing the ycar
Movement in value during year
402,737
8,956
(6,112)
(109,455)
11,423
459,122
(6.182)
(iOO.(M)O)
40,153
Value of investnients at 31 March 2025
307,548
402.737
Listed investments
298,352
390,330
Cash held as part of the inv¢stsD¢nt w)rtfolio
9,196
12,407
307,548
402,737
Pw17
continued..

Ab
8rlin
Llmfited
Notes to the Financi
tatements- contlnued
for the Year Ended 31 March 2
13.
DEBTORS: AMOUNTS FALLING DUE wfniIN OIYE YEAR
3113125
3113124
Other debtors
Prepayments and accrue4J income
17J08
18.708
17.645
36,016
22.091
14.
CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113125
3113124
Trade creditors
Social security and oth¢r taxes
Other creditors
Accruals and def¢￿ed inrome
43,541
3.086
1252
5,473
52509
3,322
4,033
15.288
53J52
75,152
15.
MOVEMENT IN FUNDS
Net
Movement
ID funds
At 114ll4
At 3113125
Unrestrictsl funds
Revenue Reserye
Cyclical repairs [￿erve
Gene￿ Charilable Reserve
2.018J13
14,000
73572
50,926
2.069.239
14,000
73.572
2,105,885
50.926
2,156,811
Restricted funds
Morrisons Garden Grant
Ward Councillors
141
792
(34)
450
107
1,242
933
416
1,349
Endovrniellt funds
Endowmcnt Reserve
98,(M)O
98,(XX)
TOTAL Fi]NDS
2.204,818
51.342
2,256,160
Page 18
continued...

Abb
eld
arlln
Limited
F4otss to tbe Financial Statements- continued
for the Year Ended 31 March 2025
15.
MOVEMENT IN FUNDS. eontlnued
Net movement in fLmds, included in the above are as follows:
Incoming Resources Galns Ydnd
expeDded
losses
Movement
Jn funds
Unrestricted funds
Revenue Reserv¢
501,361
(461,858)
11.423
50,926
Restrlcted fvnds
Morrisons Garden Grant
Ward Councillors
(34)
(150)
{34)
450
600
(184)
416
TOTAL FUNDS
501,961
(462,042)
11,423
51 J42
Compargtives for movement in funds
Net
movement
At 114123
At 31fJ124
Unrestricted fullds
Rev¢nv¢ R¢s¢rve
Cyclical repairs reserve
General Charitable Reserye
1,920,470
14,0(10
73,572
97,843
2.018,313
14,0
73572
2,008,042
97.843
2,105.885
Restricted funds
MoTTisons Garden Grant
Ward Coun¢illors
216
500
(75)
292
141
792
716
217
933
Endowment fDnds
End0￿￿ent Rcscrvc
98.OLK)
98,(KK)
TOTAL FUNDS
2,106,758
98,0(A)
2,204,818
Page 19
Continu￿..

Abhe
eld
arlin
Sotie
LSmfited
Notes to the Financial S*atements- contiMDed
for the Year
nded 31 M4rch 2025
15.
MOVEMENT IN FUNDS. eontlnued
Comparative n¢t mov¢m¢nt in fund4 included in the above at¢ as follows:
Ineoming
Resourees
resources expended
Ggins and
losses
Movement
In funds
Unrestrlcted funds
R¢vcnu¢ Reserve
480,557
(422,867)
40.153
97,843
Restricted funds
Morrisons Garden Grant
Ward Councillors
(75)
(508)
(75)
292
81X)
(583)
217
TOTAL FUNDS
481,357
(423.450)
40.153
98,(
Amounts have be¢n s¢t aside for futw¢ cyclical and D￿JOr rq)airs that may be incurr￿1 in the m¢dium to long
temi. This is based on the Societys obligation to cany out WO￿ on a continuing b&sis on its properties and
planned programmes of work that have b¢¢n put inlo pla¢¢.
Th¢ G¢neral Charitable Reserve rq)resents funds received w￿ch have been d¢sAgnated for a spccific pury)ose.
The Endowm¢nt rescrve rcpr¢s¢nts th¢ value of Sir Charles Stamier House gifted to the Socicty in 1980 (see
note I l).
I& CAPITAL COMMTTMENTS
3113125
3113124
Contracted but not provided for in the financial statements
28,166
17.
RELATED PARTY DISCLOSURES
There were no related party transactio￿% forthe year ended 31 March 2025.
I& ULTIMATE coNfROLLTNG PARTY
The Executive Committee has uitAn]ate control over the Society.
19.
STATifroRY INFORMATION
Abiwfield (Darlington) Socxety Limited is a company limited by guaraDtee and b&s no slwe capital. There are
sevcn mmbers (2023". Dine), whose liability is limited to £1. in the event of winding w). the Society is registe￿1
in England and Wales and its registered number and office address can be found within the 'Reference and
Administrative Detsi15' of the Report of the Tnjstees.
Page 20