A8BEYFIELD {RIPON & DISTRICT) SOCIETY LIMITED (THE) IA COMPANY UMITED BY GUARANTEE) ACCOUNT8 FOR THE YEAR ENDED 30 SEPTEMBER 2022 Company Regostrntl( HUMr. 01067487 Charlty R•gl•trall¢)n Number: 501960
ABBEYFIELD IRIPON & DISTRICT) SOCIETY LIMITED (THE) (A COMPANY UMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 CONTENTS PAGES Index Company Inforni8tion Annual ReFXNt Report of the Executive Commlttee 7-10 Independent Examinerfs Report 11 IncoTh and Expenditure Aco)unt 12 Balance Sheet 13-14 Notes to the Accounts 15-19
ABBEYFIELD (RIPON & DISTRICT) SOCIETY LIMITED (THE) {A COMPANY UMITED BY GUARANTEE) COMPANY INFORMATION Chairman Mr DA Williams Hon. Treasurer Mrs SA Nithols AdMlStratOr S Mrtchell Execubve cornmee Mr RJ Ankc(>m Mr D Bates Dr I P Dimery Mrs K Bailey Mr DA Williams Mr P Leiver5 PA Tr Y Leivers J Newm8n Dr SK Shanna Mrs J SheThvood Mts SA Nicholg Mrs J AllOnmIth resigned 23 March 2022 reSned 30 September 2022 resigned 23 March 2022 thair appolnted 17 November 2021 appointed 24 March 2022 appolnted 20 July 2022 apwJint8d 14 December 2022 Company Number Charity Number Registered Offl 01067487 501960 Abbeyfield House Church Lane Ripon HG4 2ES Bankers HSBC Bank plc 34 Westgate Ripon HG4 4HG Sollcltors Me88rs Ecdes Heddcffi & Co W8stgate Ripon HG4 2AT Independent Ex8miner Mr S Kay FCCA ACA The Barker Partnership Chartered AcCntants 44 Kithgale HG4 1PB
ABBEYFIELD (RIPON & DISTRICT) SOCIEfY LIMITED (ThE) IA COMPANY LIMED BY GUARANTEE) Accoupifs FOR THE YEAR ENDED 30 SEPTEMBER 2022 Ablxyfi•td Rlpon Annual Report 2021r2022 Introductlon Abbeyfield Ripon has len units of actoinmodation for older people. providing meals. thereby allowing residents to live IndependenY. Independent living is difficult to define. for on taking up residence health can and does decline. We are proud that we have individual residents, with significant heahh needs. that continue lo thrrve over many years in a welcoming and friendly 'family'. There is no ovemwjht stsffing nursing care. Residents have pendants linking to a support centre. During day-tsme hours a recentty appointed Administrator oversees the organisation and welkbeing of our residents andards The framework we operate is dassed as thè Abbeyfield Qualty Stsndard IAQSI. Self- assessment is undert8ken every three years and our pro¢ess was timetabled for 2022, bul defeed b8cause of the pandemic. As a Trustee Board we are concemed as to the annual levy and are seeking 8 meeting with corporate Abbeyfield representats'ves to detemine whgthgr Ihe significant annual paymenl is value for money. The Food Standards Agency rec6ntty awarded 8 5 Star rating for our kitchen facilibes and hygiene managemenL Llnk8 wlth The Abbe èld Physical Ilnks th the North East have been suspended and current arrangements (principally by amaill risk a slgnrfint disconnect. This year has witnessed a signrficant change in the composrtion of our 8oard. Rob Ankcom resigned as Chaimian at the AGM after 1ve year8 as a Trustee. along wrth Dr lan Dimery who had offered 811 his medlcal experience in Gener81 Practice. Our Tre#suTrr. Dennis 88le8, resigned in September 2022, 8fter protecting our financial positlon over the past 4 years, and en$iJrlng a sound contractual position on our energy usage. We are gralefijl for their indNidual Contribution they made lo our Abbeyfield community. l am dellghted to have welcomed new Trustees, Dr Steve Shamia, who lolns the Medlcal Team, Jan Sherwood who leads on Resld8nl EngagemenL Volunteering, PR and Comms. Sue Nichols, th a considerable financial geNice$ pedigree takes over as Treasurer, and Jan Alkjn-smrth, who will support Jan SheoOd. Peler & Yvonne Leivers have managed the Slaffing portfolio and deatt very adequately with some difficult staffing issues and recruited some very capable staff. Jan Newman and Kathryn Bailey have offered the continuing Medical and Clinical experienee so vrtal to the well-being of OUT residents. Each of their amended brief reports are set out below. I sh to place on record how ind8bied l am to all J1 Trustees. past and present. Flnanc• and Rurb1Sh ramme Previous Annual Report5 have covered the general commltment to levels of income and expenditure. Our incorn8 is generated ty rents from our Residents and from inveslments. Ineome and investments provide funds to maintain the premisès in g(M)d o)ndition and to make improvemenly. The Trustees dead8d that a refurbishment plan was require(1 and rooms have been updated, principalty the bathroom areas. and to kilchenetteg to reduce risk and ensure safety.
ABBEYFIELD {RIPON & DISTRICT) SOCIEfY LIMITED ITHE) (A COMPANY LIMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 Abb•yfi•ld Rlpon Annual Report 202112022 Reserves are held in an independenty managed investsnent F0110 which is drawn down to fund exceptional capital projects. or a$ a contingency against sudden or unforeseen emergency expenses. The Treasurer has reviewed our appoint& extemal finanual adviser role and investment strategy and we ankn"cipale a senes of Trustee de$lOnS which wll place our investments under new lund management. in what has proved in wider economic temis a very uncertain trading world. The accounts are examined annually by a local Practice - the Barker Partnership. who have been invofved Abbeeld Ripon for many years. Barkers satisfied that our financos are competently managed and as such cmjr trading and investment accounts are financially sound. The annual accounts are attached. A Rent Review and Stsff Salary assessment have been c£mFAeted and signed off al the January 2023 Trustee Meeting. are and Medl l Needs fve and Potentlal Ro•ld This is one of the mosl challenging lealures of our work. The reality of declining health offers challenges as to whether lo accept a new resldent. and separately to determine whether 8 r8sidenl can continue living at Abbeyfield Ripon. Two malw lifanging decisions.. whether lo leave their hom6 and come lo Abbeyfield Rip)n" and then later to leave us to seek 8 higher lev81 of care. Given this background the Medical Team have explored the assessment pro¢ass. The Zoorn Medical Assessments developed during the Covid Pandemic were not judged fft for purwse and dld not offer an accurate picture ol the potential resident's abilities and often resulted In décislons which had lo be revisited. The M8dical team has now designed an ind8pendent living Queslh)nnaire for completson by the applicant (supported by their famllyl. coupled wth 8n updaled request fonn for medical Information from the Genéral Practs'lioner. These provide the basis for deci5ion-making pdor to vlstting the resident in Ihelr own home or maklng further assessments within Abbeyfield. as the place they would like lo reside. The Medical team have also reviewed and prepared a Flow Chart simplifying admission procedures and decision-making wints. It has been agreed that the Trustee for Resident Engagem¢nl. (Jan SherwO¢), would j(¥n the Medical Team lo represent other Truste88 and Abbeyfield Slaff who polenb'ally have shared responsibility at the point of admission and continuing residency. 'My Lrfe, procedures have been revised and updated and continue on a six-rnonthly bas for all residents. offefing an important check on whether Abbeyfield meets the health. welfare and safety needs of indiwdual residents. Duty of Care. Health. Safety and Welfare checks are undertaken regularfy and the next audll wll in early 2023. These checks are SUFPNted by extemal agencies under the Regulatory provlsions as requlred by Lgw. Staffln Durfng 2022 8 major review of Staffing has been undertaken by Peter and Yvonne. To wotect person81 conffdentiality trtis summary marks the major changes which occurred. All the staff worked magnrfieenly during the years of Covid and protected the resKlents through stn'ct guidance and dose adherence by liMng access and through apwopriate personal prol8Ction measures. A revlew was undertaken of the administrati{ rde and a new managerial job de8CriPtion wa8 agreed, in line with similar roles at Abbeyfigld sites at Northallerton and Thirsk. Stsff appraisals were completed in March. the first lime since Peter & Yvonne assumed responsibility for staffing matters. Regular meetings have been held with stsff and a o)nsuttatM)n process was initiated in terms of desKJn of a new kitchen. this work ctinuIng in 2023.
ABBEYFIELD IRIPON & DISTRICT) SOCIETY LIMITED (THE) (A COMPANY LIMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 Abbeyfield Rlpon Annual Report 2021r2022 Duftng March and April 2022 our stsff were affected by Covid. Real pressures existed on all wo fronts and Trustees provided meallime cover. The House-keeping {HK) staff reVered quickly and their work was Supklemented by a part-time employee. On the basis of a long period of absen the Administrative Officr resigned by ernail on 1 P July 2022. This wa8 a matter of re1. Interviews were tAanned arid on 14•1 June the Staffing Trustees appointed a new Adminlstrative Officer, who commenced work for 4 days 8 week from 2181 June. There were a number of serious legacy issues, and a gerious breakdown in the handover betsveen the previous postholder and the new appointment. The Tnjslees are delighted io report that despite many dMficulti8s the new arrangements are working very well and the gap in organisational kno%edge and memory has been dosed effectivety. readY we are seeing the b8nefrts of an individual seeing Abbeyfield Ripon 'through fresh eyes.. In late July a number ol Inlerviews were held to lster our HK catering team. An appointment with considerable catering experience was confirmed and has proved a firstryclass addrtI to an Oxcellenl HK team. other staff have been deployed on a Part-Me basi8. In tenns of eall-off employment. In 2023 the staffing Trustees will conts'nue a search lor 'bank' catering staff, lo bdster our resources. Addit4'0nally. we have issued a permanent C4)ntract lo our deaner, making 8 significant gaving on agency coslg. As th6 Trustees respsIble we Judge we are in a far more slable employmenl position than we experienced during the COU of Ihis year. We anticipate changes affecting our pem)anent House-keèplng staff and as such our work in finding sulla18, 8XFerienced candidates continues. R•ild•nt En •mont and Publlcliln the worf( of Abb• •ld Rl During the year there have inevstably been changes lo the Abbefftld Community. There Is sadness in saying 'Goodbye', but also 'JoY in wélcorning new residents. One of our Trustees, Jan Sherwcod, has taken reSF$1bIIty for thè front-facing, activit8 of Abbeyfield Ripon: meoling new potential residents and their famllies. liaising with the Medlcal Team. and comlThJ to gdp5 wlh our publicity, with a new Weble and updated news. The re$idenls have enjoyed a number of Group activlties, induding attendance al Holy Tdnlty lo ¢8l¢brale Queen Elizabeth's Jubilee in Jun8, with a momorable tea and entertainmenl. In September we held al Church Lane a thank you event for our retiring Trustees. Christmas Lunch was served on 14th December by the Trusteès to the Residents and Stsff. Behaviour by all was of the highest order. On 22nd December Holy Trinty Choir will sing carols in the quadrangle to our residents. Over lime there has been a tradition of Trustees regularty joining Residents fcf Lunch and Tea, as the neNousness caused by the pandemic recedes and lrfe relums to ncfflial. Jan Allon-smith is osjr newest Trustee recruit. and in support of Jan She, will support other Trustees in regularty planned Resident events 16 per yearl and improving our volunteer capacity and befnending. New volunteers are being actively sought and IcKal secondary schools have sho1 an interest as part of Iheir Crtizenship curriculum. Abb8yfield Ripon will b& joining HADCA to promote volunteering in our community and lo offer training. The Trustees have decided to invest in our extemal Communications and through Jan have enlisted a local Company, bvith the launch of a more improved on-line presence abbeyfield.co.uk. The sit8 vrll be managed by the Administrative Officer. with the approved company providing training and updates. Leaflets and posler matenal will be pr(Mluced for wider publlcty In the community. Our Abbeyfield Facebook page is updated by the son of one of our Residents. Intemally we have tsken 'ownership' of the Google Business profile page, which Comes with an offer of £400 tree advertising. The Trustees will seek opportunities to depboy our publicty to local press and offer our material to good effect One estale agency contact has already proved of v81ue.
ABBEYFIELD (RIPON & DISTRICT) SOCIETY LIMITED (THE) (A COMPANY LIMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 Abb•yllold Rlpon Annual Report 202112022 Ob ectlves for 2023- wlth desl nated Trustees Full Occupancy by Springlsummer - AJI Trustees Staff Succession Plan Review Peter & Yvonne Leiver5 Financ1 Review Sue Nichols 5 Volunteers Appointed with approved D8S certtficates - Jan Ajlon-smith Regular Residents, events - J8n Allon-smilh supported by all Trustees Pressure on Potentsal Resident GPS lo speed up response limes- Administrats've Officer Design and Implementatson of a New Krtthen {funds peThth"ng) HK Stsff and Peter and Yvonne Levlers Refurbishment of Inner passageways and slairfift operation Lfr al Ststement There have been no 88rlou$ incidents lo report in this past year. The Adminlstralive Officer has btsn asked to review medical files. arridenl reports and 'My Lrfe, asgesgments. and discuss with the Medical Team a r8cord system which 'reads across. io ensure full understanding of Resident's needs. oncluslo Abbeyfteld Rlpon Is em8rglng from a post-pandelnk wodd. The combined commltmenl of Trusl88s, Staff. R6sidents and their Families has seen us through 8 very testing lime. We look foThvard to better days In whal 1$ F*oving a very troubling world. Thè Annual Report Was presented to the January 2023 Trustee Execullve Meetlng and with thts Flnal Accounts both submIssk5 were approved by the Board. Davld Wllllam• Chalr Sue Nlchol• Treasur•r Dale.'23 February 2023
ABBEYFIELD (RIPON & DISTRICT) SOCIETY LIMITED (THE) (A COMPANY LIMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 REPORT OF THE EXECUTIVE COMMrrrEE The Executive Committee submits its fiftieth repcfft and the accounts for th8 year ended 30 September 2022. EXECUTIVE COMMITTEE AND APPOINTMENTS The members of the Executive Corrmittee served during the year were: Mr DA Williams Mrs SA Nichols Mr R J Ankcom Mr D Bales Dr I P Dimery Mrs K Bailey Mr P Leivers Mrs Y Leiverg Mrs J Newman Or SK Sham)a Mrs J Sherwood Mrs J Allon- Smith - Chaimian Hon.Treasuer {appointed 20 July 20221 (resigned 23 March 20221 Iwgned 30 Septemtr 20221 Irewgned 23 March 20221 (appointed 17 November 2021} lappjinted 24 Marth 20221 lapp)inled 14 December 20221 The members are appointed according to exporience and expertise and remaln In offic8 unlll they are replaced. 8TATUS & GOVERNANCE The Society is regi$ler8d as a Company Lwnited by Guaran188 under the Comp8nles Act 2006. it is algo registered as a Charity (Regislralitin Numbor 5019601 and Is registered under the Housing kt 1974 (Registra0 Number H02291. The Soaely bs governed by its Memorandum and Articles of AssoCiats'. OBJECTIVES AND ACTIVITIES The pdnclpal a¢ts'wty of the &tiety ig to enhance the quality of Ille for older people by provIng residential ¢aTr and support wthin a caring. open, honest and respectful community, in accordancè with the aims and principles of Thé Abb8yfield Society Limited. These activities fall wholly within hostel housing activitS as defined in the Housing Act 1974. When reviewing the chanvs objectives and actiw'b"es and future p18ns we have referTed to the guidance contained in the Charity Commission's general guidance on public benefrt. ACHIEVEMENTS AND PERFORMANCE The results of the year are as set out in the Income and Expenditure account on page 12. 11 is pleasing to note that Abbeyfield House is al 80% ocDJpancy. Trustees continue to be pleased wtth the very posrttve leedback from residents. both formally through the regular residents, meetings, and informally in conversation. Trustees assess the quality of Abbeyfield House against the national Abbeyfield Core Standard which is a mark of extemally assessed high quality prowsion and which the Scciety aLieved in 2015. Wrthout being in any way complacert Trustees consider that the state of affalrs of the Society is very satisfactory.
ABBEYFIELD IRIPON & DISTRICT) SOCIETY UMITED (ThE) (A COMPANY UMITED BY GUARANTEE) ACCOUPUS FOR THE YEAR ENDED 30 SEPTEMBER 2022 REPORT OF THE EXECUTIVE COMMITTEE FINANCIAL REVIEW During the year the ch8rty made a deficit of £16.093 compared to a defi¢it of £29,897 in the pKevious ye8r. The fijnds at the year end are £484.161 12021 £500,254). RESERVES The Telnvestment and cyclical and major repair reserves are designated and shown as such on the Balance Sheet. All other funds hdd by the &Kiety at the Ba18nce Sheet date are avallable for furtherance of the Soclety's aims and are theTrfore considered by the Committee to be unrestiicted. FUTURE DEVELOPMENTS AND RISK REVIEW Trustees continue lo ¢onsider the possibility of wuirirwJ additional or rep18cement premises both to increase the amount of accommodation the Society can provide and also to continue to improve the quality of accommodation. In the meantime Trustees have completed several malor improvernenls to the e$ting premiseg funded from r¢$eryès. Fund5 not needed immediate use have been invèsted fw capital growth following advice from reputable financial alsOrS and income from funds held on deposit are used lo conlribute towards annual operating cost$ of the Society. Risks to the financial assets and well-being of the Society are mlnimise(I by sweading funds betw8an different financial institutions a8 well as holding a minlmum of 6 months. operating costs in reserve in case crf a sudden reduclion in octhpancy. 10. EXECUTIVE COMMIThEE RESPONSIBILMES The Executive Committee (who are also directors of Ihe chaty fty the purpose of company lawl are responsible for prepanng the Executive Committees, Annual Report and the finanu81 statements accordance with applicable law and United Kingdom Generalty Accepted Accnting Practice. Company law requires the trustees to prepare financial statements for each finanoal year which give a true and fair wew of the state of affairs of the charitable company and of the incoming resources and applicabon of resources, including the income and expendrture. of the charitable company for that period. In preparing these financial statements, the tru8tee8 are required to.. - select suitable accounling pIdeS and then appty them consistenty: - observe the methods and principles in the Charib'es SORP; - make judgements and estimates that are reasonable and prudent.. - state whether appIable UK Accounkn"ng Slandards have been followed, subject to any departures disclosed and explained in the finoncial slalements- and prepare the financial statewnents on the going concem basis unless it is inappropriate to presume that the charrtable company will continue in operation.
ABBEYFIELD IRIPON & DISTRICT) SOCIETY UMITED IThE) (A COMPANY LIMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 REPORT OF THE EXECUTIVE COMMITfEE The Executive Committee 8re reswnsible lor keeping proper acoJJniing re¢dS which disclose with reasonable accurncy at any time. the financ#al position of Ihe Society and to enable them to ensure that the financial statements comply wth the Companies Act 20(, the Statement of Recommended Practice ISORPI Accounting by Registered Social Landlord 2008, Housing & Regeneration Act 2008 and AcccAJnts Direction 2015. They are also responsible for safeguarding the assets of the charitable company and hence for takn'ng reasonable steps for the pwention and detection of fraud and other irregularities. 8mall company provlsSon8 This report has been prepared in accordance with the provisions applicable to C4)mpanies entitled lo the small companies exemption. On behalf of the Executive Committee Mr DA Williams Dated: 23 Febr ary 2023 10
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF AB8EYFIELD IRIPON & DISTRICD SOCIETY LIMITED ITHE) (A COMPANY LIMITED BY GUARANTEE) FOR THE YEAR ENDED 30 SEPTEMBER 2022 I rewt on the accounts of the Abbeyfield (Ripc & Diytrid) Sooety Ltd for the year ended 30 September 2022. which are sel (Mjt on pages 12 to 19. R•spectlve responslbllltles of truslee8.and examln•r The charity's trustees (who are also directors of the company for Ihe purFK>ses of company lawl are responsible for the preparation of the accounts. The Charity's Irustees consider that an audit is not required for this year under Secti 144(2) of the Chariti8s Act 2011 (the 2011 Act) and th81 an independent examination is needed. Having satisfied myself that the chaiity ig not subject to audit under wnpany law and is eligibl8 for independent examination. rt is my respsibIlIty to.. examine the acecMJnts under seth.on 145 of tho 2011 Ac(. follow the procedures laid down in the Generdl Oirections given by Th8 Chadty Commission under section 14515)Ibl of the 2011 ACL and state whether particular matters have come to my attention. Bail• of Indep•ndont •xamln*$ rnport My examinabon was carried out in accCance wth Ihe General Direthons glven by The Charity Commi5SbW. An examination includes a rewew of the acojunb'ng records kept by the charity and a comparison of th8 accounts presented with Ihose records. It also indudes ¢4Jnsideration of any unusual item8 or disclosures in the accounts, and s8ekn.ng explanations frcrfn you as trustees concerning any such matters. The procedures undertaken do not provide all the ewdence that would be required in an audlt and. consequenuy, no Opin is given as lo whether the a¢UnIS present a 'true and falr vlew, and the rewt 18 limited to those matters sel out In tha statement below. Indopwdrt •xamlnerf• slat•rn•nt In conneckn'on with my examination, no matter has com8 io my attontion: {11 Nthl¢h glves me reasonable cause to believe that in any material respect tha raqulrements to keep accountsng records In 8cc4xdance wlth section 386 of the Companies Act 2006 to ppare accounts which accord wbth the accountsw rocoTds and c4)mply the accounting requirements of section 396 of the Companies Act 2006, the methods and principals of the Stslement of Recommended Practice Accounting and Reporting by Charitles and the Housing & Regeneratlon Act 2008 and Accounts Direction 2015. {21 lo whlch, In my opinion. attention should be drawn in order to enable a proper understanding of Ihe accounts to be reached. Mr S K8y FCCA ACA The Barker Partnership Chartered Accountants 44 Kirkgale Ripon North Yorkshire HG4 1PB Date.. 23 February 2023 11
ABBEYFIELD IRIPON AND DISTRicn SOCIETY LIMITED ITHE) IA COMPANY UMITED BY GUARANTEEI INCOME AND EXPENDiniRE ACCOUNT YEAR ENDED 30 SEPTEMBER 2022 NOTES 2022 2021 TURNOVER 121,136 113,275 LESS Orerating Costs 140.601) 1146,8011 OPERATING SURPLUSIIDEFICIT (19,465) 133.5261 Intsresl T1vable and other incom 3.372 3.629 SURPLVSIIDEFicrr) ON ORDINARY ACTMnES BEFORE TAXATION (16,0931 129.8971 Gains on disp0881 of investments Transfer lo Designated Accounts 2,530 176.5651 DEFICIT FOR THE YEAR (16,0931 (103,9321 INCOME AND EXPENDITURE ACCOUNT BROUGHT FORWARD 80,254 184.186 INc¢E AND EXPENDITURE ACCOUNT CARRIED FORWARD 64,161 CONTINUING OPERATIONS Nona of the Society's activities wore 8r4uire(l or disconlinued during the Then1 and preMous yeats. TOTAL RECOGNISED GAINS AND LOSSES The Society has no reccgnised gains or losses other than the surFlus for the currnnt and Prewous years. 12
ABBEYFIELD (RIPON AND DISTRICTI SOCIETY UMITED (THE) { A COMPANY UMrrED BY GUARANTEEI BALANCE SHEET AT 30 SEPTEMBER 2022 NOTES 2022 2021 TANGIBLE FIXED ASSErs Housing, Land and Buildings Furnishings and EquIent Investments 159.804 3.951 317.530 162,746 4,939 317,530 481.285 485,215 CURRENT ASSETS Cash al Bank and in Hand 14,319 21.861 14,319 21.861 CREDrroRS AMOUNTS FALLING DUE WITHIN ONE YEAR 10 11.443 6,822 NET CURRENT ASSETS 2,876 15,039 TOTAL ASSEfs LESS CURRENT LIABILITIES 500,254 UNRESTRICTED FUNDS Designated Reserves Income and Expendf(ure AnI 11 420,CN)O 64.161 420,000 80,254 484.161 500,254 13
ABBEYFIELD IRIPON & DISTRICT) SOCIETY LIMITED (THEI {A COMPANY UMITED BY GUARANTEE) Balan¢e sheet (contlnuedl Dlrnctors. Sements requlred by Sectlon 47421 and13) for the year ended 30 September 2022 For the year ended 30 September 2022 the company vras entstled to exempl from audil under sect1 477 of the Companies Act 2006 relab'ng to small Mpanies. Directors. re$ponslbllities.' The members havè not required the company to obtain an audit of its acc(yJnts tr Ihe year in quesli¢)n in accordance th section 476: and The directors ad(nowledge thr responsibilities for C•Jmplw'ng wth the requirements of the Act wth lo aClUntr.ng reccffds and the preparation of th8 accounts. These financial statements have been prepared in accordance wlh the pn)vlsion$ applicable to companies subject to the small companies, regime and in accordance with FRS 102 'The Financial Rewting Standard applicable in the UK and Republic of Ireland.. These accounts were approved by the dlreclors on 23rd February 2023. and aTr Slgned on thelr behalf by '. Mr DA Wllllams Chalrman Reglitratlon numb•r 01007487 14
ABBEYFIELD IRIPON & DISTRICD SOCIETY LIMITED ITHE) (A COMPANY LIMITED BY GUARANTEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 NOTES TO THE AccouKrs STATUS OF THE SOCIETY The Society Is a private company limited by guarantee, regISted in England and Wales. It is also registered as a Charity'lRegistration Number 501%0) and is registered under the Housing Acl (Registration Number H02291 and is OllY engaged in Houslng Activities as defined in that Act. The address of the registered office ig Abbeyfield House. Church Lan8, Ripon, HG4 2ES. ACCOUNTING POUCIES General The Principal Accounting Polici86 d the SocAety are 86t oul in the followng su paragraphs. Accounllng 8a•ls The financial statements are prepared under the hislorical cost convenlh)n, and in accordance wrth Accounting and Reporting by Ch8rities'. SLitement of Recommended Practice applicable lo charilies preparing their accounts in accordance with th8 Fin8nclal Reporting Stsndard applicat in the UK and Republic of Ireland {FRS 1021 (effective 1 January 2019). The Housing SORP 2014, Companies Act 2006 and th8 Charities Act 2011. The financlal ststements are prepared in sterling. which is the functional currency of the entity. Incom• Ineome represents rental inc(ffi8 recelvablo of rent losses from voids and seTViC8 charg05 recoivable. Fln•nc• The Account9 have been prepared M the basis that the Property referreig to in Note 7 to the Accounts, has been financed by grant aid and also the Society 5 own resources. D•pr•clatlon Fumishings and Equipment are depreaated at 20% per annum on a reduung balance basis in order to write off the assets over their estimated useful lrfe. Housing. Land and Buildings are deprec4ated over 50 years on a straight line basis. Freehold Land is not depreciated. Inve•lment• Flxed asset investments are ststed at cost. Soclal Houslng Gr•rrt {SHGI and Other Grants Where SHG is received as a contribution towards the capital costs of a sch8me and the properties are included at historical cos( the totsl grant reeeivable ig deducted from the cost of houslng properties. Covporatlon Tax and Valu• Added T•x The Soclety Is exempt from CorFof81ion Tax 8nd VAT due to its d)afilable ststus. Cash Flow Statement Exemption has been taken from preparing a cash flow statement on the grounds that the Society qualffies as a small company. 15
ABBEYFIELD (RIPON AND DISTRICT) SOCIETY LIMITED ITHE) (A COMPANY UMITED BY GUARANTEEI NOTES TO THE ACCOUNTS YEAR ENDED 30 SEPTEMBER 2022 2.10 D•slgnatsd R•sonMs Designated reserves are part of unrestrrcted SeeS vthith have been earnafked by the Executive Committee for a particular purpose. Suth designations may be reversed by future Executiv8 Committee decisions. Expendrture cannot be direcljy set against designated TeseTve5 bul is taken through the income and expendibJr8 aCcnL A ts3nsfer is then made frcffl desnately reserves a8 appropriat8. 2022 2021 TURNOVER Residenti81 Charges Receivable 121,136 113.275 The lumover and SLFrplus are attributstye lo the one princip81 adivity of the society. OPERATING COSTS Staff Costs Inole 51 HÈC R8spons8 Sermces Food, Household and Cleaning Repairs and Maintenance Rates and Water Light and Heal Insurance Miscellaneous Expendiknre Deprgcialion.. Building Furnishings and Equlpmenl Los8 on dispos81 of investment Telephone Affiliation Fae Accounting and Payroll S8rvi¢e8 Independent Exarnination Advertising Stationery Bank Charges 67.848 3,744 21,595 15.438 6,273 7.235 2,691 3.698 63.263 3.744 18,894 30.724 5.618 6,409 1.955 3,147 2.942 2.942 1.235 1.193 721 2.858 648 1,920 1.191 238 101 914 2.952 660 1.980 425 230 140.601 146.801 16
ABBEYFIELD (RIPON AND DISTRICT) SOCIETY LIMITED (THE) IA COMPANY UMITED BY GUARANTEE) NOTES TO THE ACCOUNTS YEAR ENDED 30 SEPTEAIBER 2022 2022 2021 STAFF COSTS Salari8s and Wag88 Social Security Costs penOn 63.519 3.367 962 67,848 59,138 3.208 917 63,263 No dir8cIoT receivgj any remuneration or expenses in the year. Tha gver8ge %wtrkly number of 8mt4oyeos during th8 year vrJs as fc41ows'. Nurnlr Number Ho8t81 Stsff INTEREST RECEIVABLE AND OTHER INCOME HSBC Bank pl¢ Investment Incom8 HMRC Employers allowance 151 270 3,208 3,629 3,367 3.372 17
ABBEYFIELD (RIPON AND DISTRICT) SOCIEfY LIMITED ITHE IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS YEAR ENDED 30 SEPTEMBER 2022 TANGIBLE FIXED ASS$ HOUSING FURNISHINGS PROPERTIES AND FOR LETTING EQUIPPAENT COST OR VALUATION TOTAL At 1.10.2021 197,078 257,$42 Adtjib'ons At 30.9.2022 197,078 60,464 257.542 OEPRECIATION At 1.10.2021 34,332 55,525 89.857 Charge for the Year 2.942 3,930 AI 30.9.2022 37,274 56,513 93.787 NET BOOK VALUES AI 30.9.2022 159,804 3,951 163,755 At 30.9.2021 162,746 4,939 167.685 The cost ol Housing Propwties for Letting18 8huM) nel of Swl Housing Grant recelved in the past of £41,204. Included in H(Sing Prop8rtigs for LelUw18 £49,987 01 land. INVESTMENTS ATKINSON WHITE ACCOUNT LISTED CCLA INVESTMENTS INVESTMENT COST TOTAL AI 1.10.2021 267.530 317.530 Additions Disp¢)8als At 30.9.2022 50.0 267,530 317.530 The market value of the investments as at 30.09.22 was £377,083. 18
A8BEYFIELD IRIPON AND DISTRICT) SOCIEfY LIMITED ITHE) IA GOMPANY UMITED BY GUARANTEE NOTES TO THE Accoutrirs YEAR ENDED 30 SEPTEMBER 2022 2022 2021 CASH AT BANK AND IN HANO Bank Accounts". HSBC Current Account HSBC Switching Funds Account 1,876 4,460 4,677 10.155 Houie Management Accounts: Wages Account Housekeeping Aco3unt 6.933 3.632 3.151 C•¥h: House Floot 142 246 14.319 21,881 10 CREDITORS AMOUNTS FALLING DUE wrrHIN ONE YEAR Trade Cre(lilors and Accruals Other Creditor¥ 11,243 200 11.443 6,622 200 6,822 11 DESIGNATED RESERVES RèInv1Mont Reserve Opening Balonce Transfer5 Closing Balance 370.IKIO 332,392 37,608 370,000 370.000 Cycllcal and Major R•palr R•s•rv• Opening Balanc8 Transfers Closing Balance 50.000 11.043 38,957 50,000 50.000 420.000 420,000 12 SHARE CAPITAL The so(#oty, being limiletl by guarantee has no share capital. The nunts of membèrs. each of vthose liability is limited lo £1 is 10 {2021 10). 19