A88EYFIELD IRIPON & LXSTRICT) SOCIETY LIMrrED ITHEI (A COMPANY UMITED BY GUARANTEEI ACCOUNTS FOR THE YEAR ENDED 30 SEPTE1118ER 2026 Comp•ny R•gl•tratlon Numb•r. 01067487 Ch•rlty R•gl•trntlon Numhr. 601960
ABBEYFIELD (RIPON & DISTRICT) SOCEfY UMITED (fHE) IA COMPANY UMrrED BY GUARANTEE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 CONTENTS PAGE Index Company Information Annual Roport ReFQrt of the Execubve Committee Independent Examinerfs Rop)rt 10 Income and Expendrture Account Baianca Shaal 12-13 Notes Ic the A£cwnts 14-18
ABBEYFIELD IRIPON & DISTrICTI SOCIETY LIMITED ITHEI (A COMPANY uMrrED BY GUARANTEEI COMPAP4Y INFORMATION Chairperson Mrs SA NKhols Hon. Treasurer Mr PD St•phen$ Administratoi Mrs S Mit¢hdl Executive Ccfflmittee Mrn J AJI01th Mrs K Bailey Mrs J Newman MTS SA Nichds MT• J 8herwood Cha¢r Mr PD Stephens Mr A Taylor Mr DA INlliams MrJAWaTd H. Treasurer sjgned 4 Awil 2025 resigned 1 October 2024 appointed 10 November 2024 and reSned 29 January 2026 Company Numb8r Charty Numb R¢gislèrod oifKe 01C67487 501960 At*8yfielJ Hou80 Chur¢h Lan• Rpon HG4 2ES Banker¥ HSBC Bank pk 34 Westgate Ripon HG4 4HG Sdicstrn M•r$ Ecckn H&SS)n & Co lAstga¢a Ripon HG4 2AT Independent Examir rSKayACA The Bafker Partnership Chartered Aecountants 44 Kirkgats Riwn HG4 1PB
ABBEYFIELD IRIPON & DISTFUCT) SOCIETY UMITED (THEI IA COMPANY LIMrrED BY GUARANTEEI ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Abfi•ld Ripon Annual R•port 202412025 Th¢ AGM rèport should be read in conjynction wth prewous reports in order to present a long term perspective and to recognise the continued woth of the tnjstees over recent years. Ml the p¥eviou$ reports are lodged oth Companies House and the Charrties Ccmm6sK41. Bwraphical details of trustees and staff members can be found on the website. dRI n Re8ldents Running the house at full capacty has aayS bEen an tssue given the age of our residents. We have ddiberatety kept the number of residents duwn Ihks financial year due to the work which was scheduled to be carried out to the buikjing at the teginning of the 2025126 financh31 year. The trustees whed to k8ap tho upheaval for existing residents lo a minimum. Sadty. ce of our rnsidents died in hospitsl al the time of the completion of the Constructs' work Iwt we have Tecenty wdwned a new resident. In addition. there hay been 8cme inilk81 interest from a number of polentid new rewdgnts. tl 1$ Abtyfidd Ryon's continued intenbon to provid8 indeFendent living Mi a safe, friend envirMm•nL Our dedicated team of staff and trustees hdp pmmde support to res8n where apprcpn8ts and pOlb18. Ab Rl onT Over ihe kq5l year finan¢i81 year, tho bo8rd of trust••¥ has b1 stable buL •adty. tt¥o have had to 81op down recently due to other comTnilmenls. Onè has. howevef, Stayed on as a volunteer when his commitments allow. We will be l)oking 1¢ recruit •ddits'onal trustees, but we recognise that Ihe cunmrtm•nt could be difficult lor some polenbal Interest•d parties. have agreed that rf we cannot find surtat4e fvll lim¢ trustees. we wlll 8o•k number of consultants who would b• wiling to gfve up th1 kn.mo on J moro ad hoc bA8i$. have increased Ihe frequency of our m•¥lings wrth a formal minuled m•eting every months and a less formal meeting every other mnth. The Trustees leel that two hours every other month is insufficient tsme to deal th yome of the operaling isgues we have on an ongoing ba. A18rge amount ol th• trustee's time. and th81 of th• House Manager, was takon up ovar the last six months 01 the fin8ncial year with wtb.ng in place an$ for $ynfficant UF4Jrade$ lo the building. These upgrBd•s wore n8cessary as a resu# of signrficant bghl•r regulatn8 folkiwing th• tragedy of the Grenfel Tower flr•. As w8 highlighted in our last annual r•Frt)rL we engaged speu81isl consultants and architects lo make sure that the work wa$ ¢arried out in M timety Manr and met new rogul8ts'ons. This work was ¢8rri8d oui in the first quarter of the new financial year. Other maintenonc• work was done onty on the b•sis of immediate need a8 on going work would be covered by tho an11pated mt4.or building works. The trustees have idenlrfied a second phase of buAding woth whith wim be a new extension to th• side ol the buikling. This will provide g lrft, an Internal fire ewpe and a place of Tefvge. Howèver, gwen the cost of Phase 1 of the building programme we will have In8uffKiént funds to proceed. The trugtees will seek outside funding for this project as il 18 seen lo be esserrtk?I for the bng le1 finanual Slabilty of Atijeyfield Ripon.
ABBEYFIELD IRIPON & DISTRICT) SOCIEff UMITED (ThEI IA COMPANY LIMITED BY GUARANTEEI Accouwfs FOR THE YEAR ENDED 30 SEPTEMBER 2025 Abb•yfield Ripon Annual R•port 202412025 Tha Charbty's investments were managed by InMn MiicheN bul towards the end of the reporting period lryAn Mitchell were taken over by a mu¢h larger company. Shacklet¢Jn. Tho trustses considered looking for 8 smallor more surtable rnanag¢r but gwen the need to use a rge propL%1n of our reserve lo pay fof the 8s$ontial building work the trustees agreed that thts cay'tal shoubj stay with shk18t0 unbl aftr tha building work had been completed. The Sage a¢¢ounling $y8tun has proved very succ•8sfv1 and we are ncw •ble to analy income and expenditure much more efficiently. This will halp to set budgets for the nex¢ finanal year. gwen that the ChBrity'8 msrv•s will b8 signifuntty d•plet8d folkNing the buildino programme. Hi?tori¢?Ily, Abb•yfield Ripon has operated four bank accounts. Th• truste08 ••• no pr8Cti¢o1 purp088 to operating $0 many accounts. At the end of Ihts finanual y•af we appligj to dosè of tho accounts, whith h8VO now been dojed. Ab Abbeylield Ripon continue to b8 Part of the Atteyfiekj Nortrn Hub. Continuo 86swalvn wilh other similay independent INing Abbeyfield facilib¢$ in our k(al area. The reoTganisali¢n cl Abbeyfieki England h88 Introduced us lo a nurnber of their staff espeaalty michel Wainwnght, who Is keen to guide us through fvnd raising for the next phase ol our buikling programme. Abbeyfiekj England. the Abbeyfield Northèm Hub and help from th• 18am at Abbeyfield the Da$ contsnu• to b• valuabbg rgBouTCa8 for Abb•yfi•ld Ripon a$ 8 8maM member of the wider Aby1*kj Community. The appointment of Hglgn Phillip6 as Clth to the Trusteos has been very benefiual. She h8$ freed up voluable lime lor th8 House Managei and the Iruslees. She ha$ abo offered some usefvl adw'ce and the trustee8 are grateful for her conlribulion. The wrfe of one of our former trustees conlDiue$ to do some gardening lor us and 8180 sp•nds lime wth the residents. Wo have recentty recruit8d the husband of our House Mgnager as volunteer. He has been very engaged on a practical level and was an enormous hdp at the paty to ¢¢lebrgle fity y•ars of Abbeyfield RI.
AB8EYFIELD IRIPON & DISTRICT) 50CIETf UMITED ITHEI (A COMPANY uMrrED BY GUARANTEE) AcCOuPs FOR THE YEAR ENOED 30 SEPTEMBER 2Q26 Abbeyfi•ld Rlpon Annuol Report 202412025 Revlw ot Ob •ctives for 2024r2025 Unfortunalety. we have not retumed to lull cttupancy. Potentsal for improvements to the Atl)eyfij srte conbnue to bo under review a6 th18 is a major undertaking. Work conb'nues, 88 rt elways Should, lo conlorm to T0mMendatIOnS in any regulatory Mwrts. The refurbiShMt programme is ongoing. Resident social actiwties and a wekome to volunteers continues. In the last year residents enjoyed perform8nce$ from a PLanist and a MagicHn a5 well as taking part in a drumming workshop. Support lo residents to maintsin their health & well b'ng has been 8chi8ved. clorifitiOn to femil1•8 af reoident• of their re•pon•ibilty•• ha• b••n modg. Th• explorats'on ol lunding options has b8•n put on hold unb"I Stage 2 & 3 of th• architectural 8UlVey have provKled indicats.on of potenb.al costs. A Smooth Iransibon of the Chair of Trustee5 has been a¢hw¢d. Iv9¥ for 2 2fj The pursuit of lull cUp9nCy. The understanding of Ihe hjll FQtenlkg1 of Abbayfield Rip vrith th• 888i$tance of the aT¢hrte¢tural reports. The construdon ol a Flan to 8ecur• the k)ng tenn future of At¢fftkJ pOn. Continued wgrk 19 keep up to dète wlth ev•r changing regulatsons and maintaln the building to hlgh compliant 8tandard8. Continue refurbiyhmenl programme. Maintain redent social xliwbes & opportunitios for vdunleering whoro feasible. Support ro$iden¢s to maintain their health & wdlbeing. Clarify th¢ rgsp¢)n$ibiIrt8 to the of now residgnts. Expbr• funding options. Thgre have been no sedous incidents lo report thk8 y•ar. The staff are am trained lo r•¢ogni$8 any incidents and record th•m. Th aim is to feBofve any in¢id•nl quKkty and effectNety 88 has en don• in the p881. This rewrt will be made available to •1 rOsKrt at)d *•ff a copy will be attached to the annual aco)unt8. Sue Ni¢hg1$ Chairperson Paul Stephens Treasurer
ABBEYFIELD IRIPON & OISTRICTI SOCIEfY LIMITED ffHE) IA COMPANY UMffED BY GUARANTEE ACcOUPs FOR THE YEAR ENDED 30 SEPTEMBER 2025 REPORT OF THE EXECUTIVE COMPAITfEE The Execubve Committee Submits its Ihird report atyj tha aco)unts for the year ended 30 September 2025. EXECUTIVE COMMIThEE AND APPOINTMENTS The mernberB ofth& ExecutNe Committee who served during the year wer•.. Mrs SA Nichols Mr PD Stephen Mr6 J Alk)fvSmith Mrs K 8ai18y Mrs J Newman Mry J sheTh¥0j Mr A Taylor Mr DA Wlliam$ MrJAWard - Chairperson Hon.TTeasuffjr I91ged 4 )ri120251 IreswJn8d 1 October 2024} (oppoinled 10 Novomber 2024 and r•signod 29 January 20261 The members are apwinted acttrding to oxperiencè and 8XFertise and remain in officè until Ihw are repbaced. STATUS & GOVERNANCE The Society 1$ regisiered as a Company Limlted by Guar8nlÈe under the Comp8ni8s Act 20. it 18 8180 t•gistsr8d as a Charty (Reglstration Number 5019601 and is regi$tered under thè Housing Act 1974 IR•giStration Numbw H02291. The Swety 18 govemed by its mOrandum and Article$ of Association. OBJECTIVES AND ACTivrrES The principal actmty of the Sou'ety 18 to enh8rice the qualrty of lrfe for older people by providing residential car8 and supp)rt wrthin a caring, op•n. honast and re$p•ctful community, in accordance wth thtr aim$ and princaples ol Tho Abbeyfieby S¢¢i•ty Limited. These actrMlie5 ts11 wholty wrthin hosl•l housing aclmlies as defined In th• HoLb$ing AG1 1974. en revie44itvJ the charity's objeth'ves and actMlie$ ond future plan8 wè h8ve Teferred to the guidance ¢ontained in the Charity comm31¢. 98nèral guldancg on publ b•n•f ACHIEVEMENTS AND PERFORMANCE The resulls of the year are 08 Set in tr Income and Expenditure account on page 12. It Is pleasing to nolg that Abteyfidd House is at 9)% CUpancY. Trusteos COntUe Its be ploased with the very posrtNe feedback from residents, both formaty through th¥ regular resKlents' me•tings. and iftfom)ally in Conversatn. Trustees assess Ihe qualty of Abbeyfield House against the natnal Abbeyfiek1 Core Standard which 1$ 8 mark of extem81ty assessed high qudty provision and which the Sociaty achieved in 2015. Wrthout being in any way complaceni Trusl8e$ consider that the stale of affairs of the Soc 18 very satisfactory.
ABBEYFIELD IRIPON & DISTRICT) SOCIEff UMrrED (THEI (A COMPANY LIMfTED BY GUARANTEE) ACCOU15 FOR THE YEAR ENDED 30 SEPTEMBER 2026 REPORT OF THE EXECUTIVE COMMrrrEE VALUE FOR MONEY Through the Trustee structure of the Swety, it is atAe lo maintain rts fees at a level below that of other providers offering simir of carelservKe in its geographical Ioc81ity. The Cornmitt8e is therefore vary content that 115 service users afe ng offered value for money. The &o8ty'8 principal funding source is fees paid by our Servi UWS. In response lo the Regulator of SorAal Housing TechnrAI note of April 2018 the sc¢iety now reportB on the Valu• for Money melrics. Thwe ara 7 methcs cov$red ty this technrAI nola. The figures in brack&ts at the end of e8ch metric repTe8ent those of The hboyfkY Society (TASI - Housing Association Number H1046. M•trfc 1- Relnv•8tment % This melnc looks al lh8 investment In proptrrtw {8mting stcd¢ as well a5 supptyl 88 a percenlago ol the valu• ot properbes held. The Society has not provided any new supply in year and henc* this percentsge effectively reflt8 th8 capitalised maint•nance spend a wcfj)OOn of book co81. The Society metric lor reinve8bn•nt 1$ 39.1%12025 TAS 3.1%). Mfrtrlc 2- New •uppty d•llver•d % No new suppty has been delivered in the year of ether scoal housing or non4owl housing12025 TAS 0.0%) M•trfc 3- G••rlng % Abbayliokj Hous8 i¥ L)wn•d outyighl th8relor• th• gearing N O%12025 TAS-26.8%). M•trfc 4 - Eornlng8 Befan> Int¢r••( T•4 D•preclatkni, AmortSB•tlon. M•lor R•p•Sr• Includ•d IEBITDA MRI) Int•r•8t Cov•r % The Society h88 not paid any interest 80 the metric 18 0%12025 TAS -3041%}. Metrfc 6- Headlln• •ocl•l houslng cost p•r untt Care 8ccrynmodatlon cost per unr< i¥ £24.10412025 TAS £37.2311. M•trl¢ 6- Op•rnting M•rgln % Th8 operating margin for the as a wholè 1$ 45.81% (2025 TAS-18.7%1. Matrfc 7- Retum on capitsl frmployed {ROCEI % This meln¢ compares Ihe oper81ing daficit to total a88et$1o88 current 1¢abilit which gNe8 a rUre of -22.47%12025 TAS 2.1%). FIXED ASSETS Note 7 $umrnaris88 the changes to the amounts ot QJs1 and depreciatson on th• Property. The c(rnrttee is of the opinion that there no signrfK8nt drfferen betsveen the book cDst and the market value the existing use of the Ffcpety.
ABBEYFIELD {RIPON & DISTRICT) SOCIETY UMITED (ThEI (A COMPANY UPAITED BY GUARANTEE) AccouKfs FOR THE YEAR ENDED 30 SEPTEMBER 2025 REPORT OF THE EXECUTNE COMMITTEE FINANCIAL REVIEW During the year the charity made a deficit of £67,282 compared to a surplus of £29.898 in the previou$ year. This wa5 rnain due Its thé start of r•novati¢)n$ wod( and the installalion of a fft The funds al th• year end are £414,92112024 £482,203). RESERVES The reinvestmenl and ¢ydcal and repr reserves we dewgngted and shlywn as suth on the Balan Sh&eL All othor fund6 h•kl by tha Sccioty at the 8818nce Shoot dut8 •ro 8vol19b for furth•r8n¢e of I Sotytty's aim$ and 8r¥ thr•for• ¢on$id•red ty the Committe8 to be unrestricted. FUTURE DEVELOPMEKfs AND RISK REVIEW Trustee8 continue to 0)nSOr the possibilty of xquiring èjdrtional or replac8menl premi8es both to increase the amount of xcommodation the Sw"ety can provide and akn lo continue to improve the quality Of a¢¢ommodabon. In the meantime Trustees have cunpieted 8everal major improvements to the existsng premi80s funded from reserves. Funds not needed for mrnediato Use have been invested for caytsl growth following advice from reputable financial advisors ènd in¢om¥ frJn fund8 hd on deposit are used to contribut• l¢)ward8 annual operating costs of the Souety. Risks lo the fin8Kial assets and wg11-being of the Society are minimised by spreading funds betsveen drfferent finanrjal institutions as wdl as hokling a minwnum of 6 months. oper8ting costs in reserve in case of a sudden reductK>n In c¢¢upancy. 10. EXECUTIVE COMMIThEE RESPONsiwunES The Executse C¢)mmlitoe (who we also dire¢ty8 of the tharity for the purp08e ol company lawl aro ro8ponsibb for Preparing Ih8 Ex8cutNe Commthees. Annual Rep>1 and the ffingncial $t*emgnts in accordance wth applicable W and Unrted Kingdom GtralY Accepted Accounts"ng Practice. Company law requirns the tnjslees to prepare finanual 8tatsment8 for exh financial year which give true and fair view of the state ol affairs of the chaTitsble company and of the incoming resources and ¥pF4i¢atn ol r•sourees, induding the income and eXpendrtU. of the charttable MPanY l¢x that p&riod. In preparing these finanaal statements. the trustees arè wuiréd to. - sdect suitable accounting policies and then thèm COnSten,. - observe the methods an¢J princip$ in the Charrfies SORP.. - make judgements and èstimates that are reasonable and prudenL - state whether applicable UK knourjling Standards have been Idlcwed. su4.ect lo any departu$ dL8¢k>sed and explained in the finanual ststements,. and - prepare the financial statements on the going concern basis unless rt 18 iiappropriate to prèsume that the ch8ri1able cunpany will continue in Operan.
ABBEYFIELD {RIPON & DISTRICT) SOCIETY LIMrrED (THEI (A COMPANY LiiirrED BY GUARAPUEE) ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 202S REPORT OF THE EXECUTIVE COMMrrrEE The ExecutNe Crynrnrftee are responsible for keeping Proper K¢ountrns records which disclose with reasonatle a¢curacy at any time. the financial posrtion of the Society and to enable tham to ensure that Ihts financial ststements compty wrth the Companies Act 2006, the Statement of Recommended Pr8eti¢e ISORPI Accounting by Rggisterod Socd Landlc4d 2008. Housing & Regeneratson Act 2008 and Accounts Directon 2015. They are also resw)n$ible for safeguarding the assets of the charitable company and hènce for l&king r&8nable steps for th• pceventson and delecdon of fraud and oth irregulantie8. Small oompany provl•lon8 This rwrt been prepared in cord8 wih p1wsn8 applicat48 to (MpanIeS enbdeil lo the small companies exemption. On behaK of the Exoculive Ccdnmittoe Mrs S A Nichc48 Dated..
ABBEYFIELD IRIPON & DISTRICTI SOCIEfY LIMITED (THE) IA COMPANY UMITED BY GUARANTEEI INDEPENDErir EXAMINER'S REPORT TO THE MEMBERS OF ABBEYFIELD IRIPON & DISTRICTI SOCIEfY UMITED ITHEI IA COMPANY LIMITED BY GUARANTEEI FOR THE YEAR ENDED 30 SEPTEM8ER 2025 I report on the accounts of the Nl)beyfi8ld (Ripr & Dist1} Society Ltd the year ended 30 September 2025, which are set (JJI C pw 11 to 18. Raspocttvo rosponibilitie• of trustee• and ?xamin•r The charity'8 truste88 (who are aL directors of the MpanY f(Y the purposes of ccynpany lawl ère responsible for the Preparation of the actnts. The chanty's trustee8 consider that 8n audr( is not required for this year under section 144121 of tha Ch8rrtw Art 20111th8 2011 Act) and that an Independent txamination is needed. H8¥ing SBtssfied myself that the charrty i• not $uty'ect to audrt undw company law and 1$ •ligible for independent examination, it is my responsibilty to.. examine the accounts under section 145 of the 2011 Act., lollow the prccedurè$ laid down in the General Directions given by The Charlty Comm18sion under secb'on 14515llbl of the 2011 Act.. an slate whether partKular matters have come to my attents"on. B•¥l• of Ind•p•nd•nt •x•mln•Va rnport My examinatson was carried out In acCan¢t wth the General Direcb'ons given by The Charity Commission. An examination Includes a of the accounting records kept by the chorty and a comparison of the accounts presented vmlh those recp)rdg. It also indudes consideration of any unusual itsm8 or di)$UrS in Ihe accounts. and seeking explanations from you a8 Iru8lee8 concerning any such matters. The proceduros undertaken do not Pfovide all the evidence that would be required In an audit and, consequentty, no opinion Is given as lo whether the a¢ts pres•nt a 'true pthd fair vi•W and the rewt is bmit•J to Ihose matters set out in the statement bel¢)W. Ind•p•nd•nt •x•mln•rf• •lat•m•nt In cOnneCtn with my examination. no mattèr h88 c¥)me to my attentijn". 111 which gNe8 m• r•asonable cauae to bell• that in any maten"81 re8m the requirements to keep accounting rOrdS in xcorfance wth 88cb.on 386 of the convan5 Act 2006 d., to prepare accounts whh e01 with the accounting Tec4yds and compty with the accounting requirements of secbon 39S of the Companio$ kl 2008. the methods and principals of the Statement ol Reccfflmended pract Accounting and Reporting by Charrties and the Housing & Regenerabon A¢1 2008 and knounts DirlI0n 2015. <21 to which. in my cf4nKJn, attention should be dravm in ordor to •nable a prop•r und•rstanding of the accounts to rgach•d. Mr S Kay ACA Thè Barker Partnership Chartèred Accountants 44 Kirkgate Riwn North York$hiro HG41PB 10
ABBEYFIELD IRIPOM AND DISTRICT) SOCIEfY LIMITED ffHEI (A COMPANY UMITED BY GUARANTEEI INCOME ANO EXpENDURE ACCOUNT YEAR ENDED 30 SEwfEMBER 2tr25 NOTES 2024 TURNOVER 141,698 167,097 LESS Operating Costs 1241.0411 1209.6701 OPEHATING SURPLUSIIDEFICIT) 199,3431 142.5731 Inlwesl recelv*e and olhei Incomo 4,403 SURPLUSI(DERCIT) ON ORDINARY ACTivrriES BEFORE TAXATION 193.2531 138,1701 Gains on dlsposal ol Invgslrnents Transfer from Designated A¢Unts 25,971 68,068 DEFicrr FOR THE YEAR (7.2821 29,898 INCOME AND EXPENDrruRE ACCOUNT BROUGtrrr FOIIWAFID 62.203 32.305 INCOME AND EXPENOITURE AcCOuP CARRIED FORWARD CONnNUING OPERATIONS None ol the Swety's acb'vili&s were acquired or disconlinued duriThJ Ihe current and prewous years. TOTAL RECOGNISED GAINS AND LOSSES The slety has no rgcognised gnS or losses other than the SUu8 lor tho cuThent and prewous year8.
ABBEYFIELD (RIPON AND DISTRICT) SOCIETY LIMITED (ThE) { A COMPANY LIMrrED BY GUARANTEE) BALANCE SHEET AT 30 SEPTEMBER W25 NOTES 2024 TANGIBLE HXED ASSETS Housing, Land and 8uildiThJs Furnishings Equipment Investments 150,978 3,116 223.285 153,920 3,465 273,057 377,379 430,442 CURREKf ASSETS Cash at Bank atKI in Hand 53,457 60.613 53.457 60.613 CREDITORS Amoufrifs FALLING DUE WIThIN ONE YEAR 10 15,915 8.852 NET CURREKf ASSETS 37.542 51,761 TOTAL ASSETS LESS CURRENT UABILrriES 414.921 482 203 UNRESTRICTED FUNDS Designated Reserves Income and Exwndllure Account 11 360,000 54,921 420,O¢XS 62.203 414,921 482,203 12
ABBEYFIELD (RIPON & OISTRICTI SOCETY LIMITED ITHEI IA COMPANY uMifED BY GUARANTEE Balance she8t (continued) Dlr•ctOrn' 8t•t•m•nts r•quirnd by S•¢tlon 475121 ¥nd13) for th• yoar •nd•d 30 S•ptemb•r 2025 For the year ended 30 S8ptemter 2025 the ccmnpany was entitlad to exemptK>n from audi( under 8ection 477 of the Companies Acl 20C6 rebatsng to small companies. 'rectors' respon6ibililiag.. The members have not required the company to c4>toin an audit of ts aecountB for the year in qu8sts.on in accordance wrth section 476." and The dirnctors acknowledge thwr responsibilitK*s for CLynp"n9 wlh the requir•ments of th¥ Act wrth respecl to accountir records and the preparation of the 8ccount8. These finan¢BI statements have been preparod in xcordance wth the prowsions aFplicabla to cornpani88 sU.8¢t to the small mpan. regime and in accordance with FRS 102 'Th• Financial Reportin9 Stsndard apF4ic&Lqe in the UK and Rewblic crf Iroland.. These account$ were approved ty the directorn on ham by '. and are 81gned on Ihalr Mrn S A Nlchol• Chairp•rnon R•gl8tratlon numb•r 01067487 13
ABBEYFIELD IRIPON & DISTRICTI SOCIETY LIMrrED ITHEI {A COMPANY UMITED BY GUARANTEEI AccouKfs FOR THE YEAR ENDED 30 SEFfEMBER 2026 NOTES TO THE ACCOUNTS STATUS OF THE SOCIErY The Soc is a private Company limrted by guarantee. regiyteT&l in England and W810s. 11 is also registered as 8 Charity (Registrabon Number 5019601 and is registered under the Housing Act IRegistrats"on Numbar H02291 and is wholty engaged in Housing Activitiès as defined in that Ari. The address of the regtytered off 15 AbLwfield Housè. Church Lane, Ripon. HG4 2ES. ACCOUNTING POUCIE8 G•n•rnl The PTin¢ipo1 Accounting Policie8 of lh• &48ty arn set oul in the follwng su paragraphs. A¢¢ountlng 8a•l• The finanty•l slat•ments are prepared under the historical cost convention, and in 4¢cordanu with Accounbng and Reporting by Chariti•s" Statement of Recomm•ndad Practice 8ppli¢able lo chariiies preparing Ihew accounts In attordancE with the Fin8ncial Reporting Standard aFplicable in the UK and RepublK of Ireland IFRS 1021 l¥ff8cb'v8 1 January 2019), The Housing SORP 2014. Cthmpanies 20C6 and the Charities Act 2011. The linancial ststernents are prepored in ¥tethng. which is the fvfiCtnal currency of the •ntty. Incom• IncJne f•presents T•ntal inc(xne receN•bl• net ol rent lo8 from yo1 and 8•rvic charges receivable. Flnanc• Thè Accounts have been prepa on the b8s18 that the Prryrty referred lo in Notè 7 to the Accounts. has been financed by granl and also the Society's own reure•S. D•precl•tlon Fumishings and Equiwenl are dePr1j at 20% per annum cm) a r•duang balance basis in order to wrrta off Ihe assets over th•ir estimated usefvl lrfe. Housin9, Land and Buildings are (Jepre¢iated over 50 years on a #traighl Iln• b•81$. Frethold Land 18 not depr6fAated. Inv••tm•nt• Fixed et Inveslments are slated St ¢osL SocSal HouBlng Grarrt ISHGI and other Grants )ere SHG Is received as a contnbutson towards the capTtal COBts of a scheme and tho properties are Induded at histOTKal cosL the total grant reCeive is deducted from the cost of housing properlies. Corporation Tax ¥nd Valu• Added Tax The Society 18 exempt from Cofporat)n Tax 8nd VAT duè to its ¢harftable status. Cash Flow Statem•nt Exempth)n ha5 been taken fr( prepanng a cash l&)w slatem8nt on the grounds that the Society qualffies 85 a small company. 14
A88EYFIELD (RIPON AND DISTRICT) SOCIEfY LIMtrED trHE) (A COMPANY UMITED B Y GUARANTEE) NOTES TO THE ACCOU18 YEAR ENDED 20 SEPTEMBER 2025 2.10 D•$lgnalod Res•rMs Designalgd rgsgrves are part ol unrestricted reserves whlch have been earmatked by Ihe Executive Committee lor a particular purpose. Such deygnatfv)ns may be reversed by lutura Executs'vg Committee decisions. Expenditure eannol be directty set aoalnsl designated reserves bul is taken through the income and exFenditure accounl. A trarter is Ihen made from designated reserve5 as appropriate. 2024 TURNOVEA Resldenlial charges Rèeelvthe 141698 The turnover and suwus arè aitrfbulat4e to the one ath.vily ol Iho soc48ty. OPERATING COSTS Staff Costs (r18 51 Response Serthces Food, Household CleanirKJ Repairs an(J Mainlena Rates and Wat8r Llght and Heat Ir6uratKe Miscellaneous Expgndmuro Depreciation.. Buikding - Fumishiros arKI Equip¥nenl Telephone Affiliation Fee Accounting and Payroll SeNice8 Independenl Exarninalion Advertising Stationery Bank Charges ,466 3,177 13,975 77.251 5.985 11,612 82,886 4,500 21,015 63.152 5,903 13,945 2,975 5,197 21.324 2.942 779 2,457 9,323 2,103 1,600 238 572 2.942 767 2,033 1,596 1.500 383 207 15
ABBEYFIELD {RIPON AND DISTRICT) SOCIEtY uMrrED (TrIE) (A COMPANY UmED BY GUARANTEE) NOTES TO THE Accouiirs YEAR ENDED 30 SEPTEMBER 2025 ¥Y25 STAFF COSTS Sal&le8 and Wages Social Security Costs Pension 77.239 4,374 6,062 1,040 82,686 No director recwv•J any remneralion or expens in the year. Th& average wggkty numt*r of ampkiy during th8 year was as follows.. Numb Numbèr Hostel Staff INTEREST RECEIVABLE AND OTHER INCOME HSBC Bank plc Investment Inco HMRC Empbyers aJlowarKg 29 6,062 6.0 16
ABBEYFIELD (RIPON AND DISTrICT) SOCIEfY LIMITED ITHE) IA COMPANY MED BY GuAREEl NOTES TO THE ACCOUIUS YEAR ENDED 30 SEPTEMBER 2025 TANIJBLE FIXED ASSEtS HOUSING FVRI4SHINGS PROPERTIES AND FOR LETTING EQUIPMENT COST OR VALUATION TOTAL AI 1.102024 197,078 61.635 258.713 A(1dit¥ 430 430 AI 90.Q.2025 197078 DEPRECIATION AI 1.10.2024 43.158 58.170 101,328 Charge lor the Year 2.942 T19 3,721 AI 30.9 2025 $9,949 105049 NET BOOK VALUES AI 30.9.2025 AI 30.9 2024 153.920 157385 The cost ol Hou*no Pwrties lor Letting Is str net ol knlal Fkjusing Grant received In the pasl of £41,204. In¢lude(l in HousirrfJ Propeffjes for Lgttbna 18 £49.987 of laTh1. INVESTMENTS ATKINSON WHITE ACCOUNT USTED CCLA INVESTIIENTS INVESTMENT COST TOTAL At 1.10.2024 273.057 273,057 Additions Diswsals 49,772 At 30.9 2025 223.285 223,285 The mathet value ot the inveslrnents as at 30.09.25 was £225,134. 17
ABBEYFIELD (RIPON AND DISTRICT) SOCIETY UMtrED (ThE) (A COMPANY UMITED BY GUARANTEE} NOTES TO THE ACCOUNTS YEAR ENDED 30 SEPTEMBER 2025 2024 CASH AT BANK AMD IN HAND Bank Accounts: HSBC Current A¢counl HSBC SwitchiThJ FurKls A(uunl 52,867 171 45.147 1,513 IA•nag•moni Accounts: Wages Account Hou8•kwprvJ Atetxjnt 10,977 2,908 Htsuse Fk)al 68 10 CREDITORS AMOUNTS FALUNG DUE wmiiN ONE YEAR Trade Credllors and Accruals Other Cr&Jiiors 15.715 200 15.915 8,652 200 8,852 DESIGNATED RESERVES Rolnv•Wm8nt RMor¥o Cpening 8al8nce Transfer8 Closlng Balanco 370,0 60,000 310,OCM) 370,000 370 000 Cycllcal and Malor R•pAlr Ae•r Cpenlng Balance Translers Closir@ Balarxo 50,000 420 000 12 SHARE CAPITAL The soclety, bw'ryJ Ilmtted by guaranlee has no Share ¢aF11. The ol membws, each ol whose liability is limiied lo £1 is 1012024- 101. 13 APITAL COMMIThIEI¥TS During the forthcoming years to 30 Septemtrr 2026, the organiSaOn Is commitment lo spgnd £150k on improvements to the preffli lo ilkI In a lrfl as well as an intgmal lire escapg. il 11 also Incluée winr¥j the buikling. 18