REGISTERED CO.VIPANY NUMBER: 02357285 {England and Wales)
REGISTERED CHARITY YU.MBER: 701331
rt of th¢ Trnstees and
Financial Statemen(s for the Year Ended 30 Se
tember 2023
ror
Ex
eet Ltd.
Co
an
Limited b Guaranltt
Alexander Myerson & Co Limi(ed (Siatuthry Audiror)
Alexander House
61 Rodney Street
Livertx)oI
Merseyside
LI 9ER

Ex
al and Administrative Information
f r the Year Ended JO S¢ tember 2023
Trllstees
A Gilmore
D Broad
S_mccabe
C OrahaTn {appointed 5nr23)
K MO￿15 {appoint¢d 5nr23)
Company Secretary
Mrs Jayne Lunt (appointed 6110r23)
Charity Number
701331
Company Number
02357285
Registered office
151 Stanley Road
Bootle
L203DL
Auditor
Paul Bums Bsc Hons BFP FCA
Alexander Myer50n & Co Limired
Alexand¢r House
61 R￿IneY Street
Liverpool
Mer5eyside
LI 9ER

ect Ltd.
ntents of the Financial Statemellls
for the Year Ended 30 St
It￿l)er 2023
Page
Report of Ihe Trustees
Statement ofTrustees' Responsibilities
Report oflhe Independent Auditors
Consolidated Statement of Finxnei81 Attivities
10
Consolidated Balance Sheet
Charity Balance Sheet
12
Consolidated Cash Floiv Stalement
13
Notes to the Casb Flow Statemenl
14
Notes to the FiThaDcial Statements
15 to 28

Ex
ort of the Trusiees
for the Year Ended 30 Se tember 2023
The Irusiees present their report and finan¢ial staiements for the year ended 30 September 2023.
The financial statements have been prepared in accordance wilh the accounting policies set out tn note I ￿ the f￿ancial
statements and comply wilh the charity's governing d￿urne￿t. the Companies Aci 2006 and -A¢counting and Reporting by
Charitie5'. Statement of Reco￿￿ne￿ded Piaclice applicable to charities preparing iheir accounts in accordance with ihe Financial
Reporting Standard applicable in ihe UK and Rewblic of Ireland IFRS 102)"1os amended for accounting periods commencing
frotn l January 2019).
Objectives and activitie5
The charity's objects are to:_
11 promote the value of ordinary livitlg opportunities and to eliminate ihe 5egre8ation and 5ttgmatisation of people who
consider themselves to be disadvantaged by reason of their physica] ill health. mental health or learning disabiliiy.
21 provide support serviee5 With ihe aim of preserving and proieciing the health and well-being of people with physical health
needs. mental health needs andlor learning di5abililies.
31 undertake the managernent of housing projeth5. includtng the re5ponsibiliiies of a management agent, which provide an
alternative io institutionalised care for people with physical health needs. rnental health needs andlor learning disabilities.
n seiiing our objectives and planning our activitie5 the trustees have given care￿] consideration to the Charity Commission's
guidance on public bener￿t.
Our Vi51011
To be a market leader and the first choice provider of htgh quality services io people livino with learning disabilities all￿or
experiencing mental health proble￿S. Expect Ltd. will achieve rhis by being acknowledged as a considerate, inspiring and
empowering provider and employer- commilled io the aehievem¢nt of excellence with a reputaiion for'going the exrra mile.
whilst, at the saTne titne, rnaintaining traditional values and principles.
Our Mi$5iOn
To itnprove Ihe quality of life and independence of people living with learning disabilities andlor mentsl health problems. Services
will be delivered by a well-trained. experienced and 5￿ppOn1Ve team whose primary airn is to go Ihe extra mile in providing
quality and flexible supp)rt in a way (hai promimes and enables independence and choice.
Our Values
Everyihing Expeci Lid. does will be driven by the following value5'.-
E - Empathy
X extra mile
P- Partnership
E- Ernptrwernient
C- Compassion
T - Truthfulness
Empathy Expect Lrd. will endeavour to ide￿lify with the aspiralions concerns and diffleulties of the people we work with i
order to better understand their wishes and feelings.
extra mile - Expect Ltd. has developed a well-¢arned reputhtion wilh Commissioners. u5er5 and relatives ofour services for
perseverance and ¢enacity when ptoviding setvices to people living with learning disability andlor experiencing mental health
problems. This. SU￿1n(lIY summed up as'going the extra mile,, will ￿ at ihe heart of our service development.
Partnership - Expect Ltd. will work in partnership and collaknraiion with ihe people we support. their relatives, commissioning
agencies and oihei likeminded Voluntary. Communiry and Faiih Secior orgartisaiions and groups.

Ex
eet Ltd.
rt orth¢ Trust¢e5
for the Year Ended 30 Se tember 21)23
Etnpowemeni
Expect Ltd. will support and encourage the people il works wirh io make difficult and sometimes challenging,
but safe. decisions in relation to all aspec￿ of iheir lives_ Peoples, independence and autonomy will be entouiaged. as will iheir
involvement and integration within their local communtties.
Comp￿s1On - Expeci Ltd. will strive to understand the individual needs of the people we work with and be driven by a desire
to help. This will be de￿o￿$trated by our actions. aitLtLtudes and behaviours.
Truthfuln¢s5 - Expect Lid. will be open and straightforward in its dialogue with service users, their relatives and employees in
order to ensure ihai quality of care. transparency and honesty underpin all it5 aclions.
The charity aims to schieve its objeets through the provision of the following services'.-
11 Registered Residential Services - the provi5LOll of small. regisiered ¢aTe homes for up io ihree people.
2) Supported Living Schemes - Ihe provision of supported living housing and 5UPPQrt Services to enable people to live as
independently as pmible in homes of their choice.
3) Day Centre Services - the provision of support. advice and structured activity for people experiencing mental ill health.
4) Domiciliary care - the provision of ongoing outcom¢5-based interveniions and short ierni crisi5managernent.
Achievements and performance
Expect continue5 to provide high quality services despiie the many diificult challenges that exist within Adult Social CaTe, not least
of which gap between ihe ￿ndS that il iecei*es and ihe real ¢ost of delivering cate. The charity 15 committed to enhancing the lives
of the individuals ihat il supw>rts so thar ihey are able to make meaningful contyiblltions to the communities in which they live.
The Strategic Business Plan for 2020- 2025 period deiails the planned gr0￿h in both the Charity's reach and offer. All stakeholder5
clearly value the ChaTity's adherence io irs faithful commitment to "Mteling Challenge with Expertise and Compassion" as well
as to the closely related pledge lo 'Going the Ex¢r* Mile" Boih promise5 uTrder5coie the Chariry's motivation to offer services to
Service UseTS whose Challenging Behaviours may be regarded by other ptoviders as too much to handle. From Expeci's
perspective such challenges are there to be Tnanaged in order w provide posiiive and person focused 5UPPOrt and ￿SIStanCe.
Expeci Ltd's BoweTsdale Resource Cenlre. which 15 a Day Service. conrinues to provide a safe 5pacE ill which service users
can get involved in rneaningful activities that have a positive impact on their lives, mental health and well-being. The service is
essentially a partnership between Expect and the Cheshire and Merseyside Integraied Care Board ICBI and the work of the
Cenlre continues to be suppgrted via a grant from this Board. which is reviewed on an annual basi5. During the period, Ihis
grant was suceessfully retained. In addition to the grant Expect has received funds from varlous donors foi specific proje¢t5.
such as a gardening project. drum sessions and the setting up of a gym at the centre. with service useis educated around all
aspects of health and well-being.
The organisation remains Committed to the eihos of the Real Living Wage- however. Ihis has noi been possible during the period and
support staff are on one of two di￿tren1 pay scales; the NMW and a higher rate ihal take5 into account relevant qualifications and
working for the charity for l? months or more. All SuP￿rt staff are encouTaged to achieve &5 a minitnum the Level 2 Diploma in
Health and Social Cère during Ihe firsl year of employrnent.
Officers of Expect have continued to play an active role in ihe maintenance and development of broader ¢OTnmunify-based service5
and remain committed to offering a5Si51ance and 5UPPOrt to the umbrella organi5ation Sefton Council for VOlun￿ry Services, of
which it is a fornial tnember. Expeci's CEO and Senior Jmanagement Team work c105ely with the leader5 of other similar organis81ion5
0￿ratIng in the geo8fdphical area and colleagues in Local Council Commissioning team5, particulaTly those ID Conway,
Denbighshire, Sefton. Know51ey and Livewl to drive up standards and maximise knowledge through effective parrner5hips.
The r£cruittnent of suitable and ]notivated sraff coniinves to be a ]najor challenge and ihe Chariry has had to continue to use agency staff,
which has had a sigTbifican( deirimenial impatt on Expect's financial p051tion.

ect Ltd.
Re
ort of the Trustees
ror the Year Ended 30 St
tember 2023
RecNitmeni continues to be based on attitude and behaviour and we have used the Immigraiion Ski115 Service for Ihe first time,
which has resulted in a stronger and more diverse workforce. New staff are provided with a full company induciion and a
comprehensive training progratnme of skill and knowledge-based learning, which is delivered both face-to-face and digitally- the
training programme is constructed to be utilised in concert with their already identified appropriate personal values and ethics. In
addition, the OTgani5ation accesses free trdining provided by the local auihoriiies with whom we work.
The Expect Board of trustee5 have continmed lo meet regularly. In addiiion to bi.monthly meetings trustees are kept updated on a regular
basis around any setious issues, including safeguarding.
Financial review
The operational defLciI foi Ihe group during the year was £44 Ik (2022= £248k). The main reason for the defieii is a consequence (Trf
accounting for the amortlsation of goodwill for the yeaT of £61 k (2022.. £134k) and bad debis of £137k. Additionally, there has been
Ihe use of &gen¢y siaff. capaciiy building and strengthening the operational tnanagcment team. Expect have also sadly lost a number of
service useTS throughout the year, who either passed away or whose needs had changed, and fundeTS ¢on5ideied ihat other placeFnents were
more appropriate for them.
A5 at 30 Sepiember 2023 total groJJp fijnds of £1.8M (2022". £2.2M) were held all in unrestricted funds available for Ihe general
purposes of the charity.
Our primary sources of fundino are the fees received from Local Authority Social Service5 Depaments or from Integrated Care
Boards. depending upon which body is responsible foi financing the care needs
of the individual client. Upon referral clients are
sessed and a Care Pl8n agreed with th£ funder5. L(￿1 Authoriries FOY set]aies for and these are not open to riegotiation. which is
why one of the stsategic allns of the Chatity is to diversify inc(xne 5tream5 $0 thyt it 15 abk to IMDvide SUPFX)rt packages at rates that are set
by Expecl a￿d aweed with the individual orother fi￿der.
Our financial slTalesy remain5 focused 8rowing our income.. we have already set ihe foundations for growth by exploring other inco]ne
SI￿a￿S such as local fundTaising. legacies and grdnis and we are also l(K>king to itjfluence the Sector and become involved in research
aTound Adult Soeial Care. This will maximise the poiential of ihe Group to remain su5tsinable moving fonvard.
R¢serv¢s Policy
Given the well-documented difficulties faced by Adult knial ca￿ Piovideis it rernain5 difficult to maintain reserves. However.
trustees give priority lo th¢ organisation ￿tIng able to maintain an appmpriate level of reserves for the charity and have coneluded thai
We Should aim for the following..
The trnsrees wish lo have 3 months rU[￿irtg COS￿ tA5Ed the last 3 yfdrs geTherdl fund exF¢ndiNre in we of a major problem or delays in
payments from our funders.
The group's focus will remain OD organic growth.
IDvestment S¢rgtegy •nd Performance
The challenges that the sector is still facing following Ihe pandemic mean ihe trustee) have not yet been able io ¢onsider making
investments. However, thii remains a piiority foi Ttustees to explore in the UPCDming fin8Thcial years.
Risk Management
The trustee5 have a risk m8nagerneni strategy which co]npri5es'.
• an annual review of the princwal risks and uncertaintie5 thai the chariiy faces-
the csiablishment of policies. systems and Pr￿ed￿r"S to miiigate those risks identified in the annual review- and
the implementation of PTocedures designed 10 minimise OT mamage any poienÉial impact on the charity should those risks
tnaterialise.
Financial sustainabiliry continues w be a major risk foi the charity. bui the maTha8e]nent of this risk ¢nsures that we maintain sufficieni working
capital.
Attention has also been focused on non-fillanciai risks, which are managed through relevant processes, accreditation5 and external
advice and consultancy.

ort of Ihe Trustees
for the Year Ended 30 Se tember 2023
Future Plan5
The Expect Group continues io work in liDe with is 5aiest flve-year Strategic Business Plan. which is regularly reviewed by and UFrfJated 85
appropriate. We coniinue to build on Ihe robust platforni Ihat has been established in receni years and the plan retains oui stiong ethical
underpinnings and Yalues. The main aspirntional tenets during the five years will be.. -
To con(iDue in the provision of services of ihe highey quality
To nurtUTe and suppon the Ex￿ct Group's eihical and socially sen5iliV¢ IPPToich 10 delivering and commissioning services.
To Seek opponutbilÉes 10 work in partnershipitollaboratively wilh commissioners. Service usetsleilizeTrs and other relevanc stskeholders.
To be an etnployer of choice for both current and PTospeciive employees by haying a genuine lljtent to pay the highest possible rates of
pay which will prove a str(mg inducemeni io recruitment.
To give investmeni in local comrThunities a high-level status
To coThiinue lo work foT a Social care marketplace where the ehoices and preferences of individu31s are given the highest level of
imponance. WheTe choice is Seen as a k.ey driveT to the design and delivery of 5ervice5.
To place the maximisaiion of ll)dividuals. boih Service U5ets. Citiz-ns and employees as a high-level objective.
To acknowledge opportuniiies io acquire suirable poienlial members of ihe Fxpect GTQUP but to give prioriry ID Ihe Consolidation.
strengthening and development ofthose services and in areas where the fjroup currenily operates.
To ensure thai ihe Group's busllJe5s evolution ukes place within a stratrgic framework (hat places ihe highest value on retaining tigbt
Collirol over quality as it is a central belief thai this wovidts the mosi effeciive means of securing the best.
Structure. govern3n£e snd rnxnaeement Governing DocurneDt
Expeci Ltd. 15 a companv lirnited guaraniee go¥eTned by its Memornndum and Articles of AsxKialion dated 20ih May 2005. It is regis*red with
Companies House {No. 21579851 aThd wilh tht Chariiy Commis5i4)n IX"o. 7013i l}. Anvone over the age of18 can becoTne a Tn¢mber of Ihe
charilable company and there are currenily5 members13 in 202?). each of whom agrees to colltribule £10 in the event of the chariiy winding
The trustee5, who are also the direllors for the putpose of comF4ny law. and who seryed during the year and up to the date of signature of
the financial siaiement5 were..
AThihony Gilmore
Damon Broad
Sylvia Mccabe
Claire Graham {appointed 5nr23)
Kevin Motris (appointed 517Q3)
Appointment of trustees
As Sei out in the Articles of A￿0¢]￿tiDn the trusiees a￿ eleeted by the mcfflbers of the Charl￿b]e company attending athy Board Meeillig or Ihe
Annual General Meeiing.
Or£2nisation
The Board of Trusiees. which shall be no k$5 Ihan 3 memters. adminssters the charity. The board nomially rncets bi-rnonihly. A Chief Executive is
appointed by ihe tyu5tee5 to tnanage Ihe day-io-day operations ofihe charily. To facTlithie cffeclive operaiions. the Chief Execuiive ha5 delegated
auihority, within the iernis of d¢legaiion appTov4 by the ttusiees. for operational matter) iNcluding seT￿l¢e delivery activity, finance, hllman
sources and health and Safety.
Trustee induction 2nd training
New Irusie:s are provided with an Induciion Pack to tfiefthetn on", theii legal oblig81ions Mnd¢T charity and company law: (he Charity
Commission guidance on public ￿ner1[.. the content of the Memorandum and Anicle5 of Associaiion;
the board and the decision-making proce55.' the strategic plan: receDI tinancial perfortnante. During the induction proce55 they tneet key
employees and other trusiees. TrU￿et$ ate encouraged 10 attend appropriate exletnal tsaining eveDiS where these will facilitate the undertaking of
their role.
Pay policy for senior sta
The Iiustees Consider Ihai the boaid of trustees and the senior management ieam comprise rhe key management pe¥sonnel of the ch8rity in charg¢ of
direciing and controllin& tunning and opeTaling ihe chari¢y on a day-1041ay basis. AII tru51ee5 give of Their iirne fre¢]y and no tTusiees received
remuner&iion in the year.

Ex
ect Lt
ort of the Trustees
ror the Ye3r Ended 30 Se
tember 2023
The pay of the senior Staff. excluding the ChiefExecutive. are reviewed annually in line with Expect's rernuneratiDn policy. The pay ofthe Chief
Executive is reviewed annually Ihrough discussim berween ar¥J cha￿ and CEO and is approved by ihe Board of Trustees.
Auditor
Alexander MyeTSOTh & Co Litnited were appoiThted as auditor io th¢ company.
Disclosure of informatlon to auditor
Each of the 1rn5(ees has confirmed that IheTe i5 no infornalion of which they are aware which is ￿le¥￿Trt 10 th¢ oudit, but of which the
auditor is unaware. They hav¢ further confirnied (ha( ihey have taken appropriate step5 to identify such relevani inforniation and to
establish that the audilor is aware of such informalion.
Small Company provi5lODS
This report has been prepared in accordance with the s[￿1￿1 provisions relat￿ig ￿ small comtydnies withlltPart 15 of the Companies Aci 2006.
The tru5tees' report W35 approved by the Board of Trusiees.
A GIl￿Ore
Trustee
Dated

Ex
eet Ltd.
Statement of Truslee's Res
onsibilitie5
for Ihe Year Ended 30 Se tember 2023
The trustees (who are also the direcrors of Expeci Lid. for the purposes of Company lawl are responsible for preparing
the Report of the Trustees artd ihe financial sraiements in accordance with applieable law and United Kingdom
Accounting Standards (United Kingdom Genetally Accepted Accounting Praciice).
Company law require5 the trustees io prepaie financial sraiements for each financial ye8r which give a true and fair
view of ihe stale of affair5 of the charitsble company and of ihe incoming resources and application of resources.
including the income and expenditthre, of the chatiiable company for ihai peri￿. In preparing those financial
Statements. rhe Irusiees are required to
select Suitable accounting policies and then apply them con5i51et]tly-
observe the meihods and principles in the Charity SORP-
make judgements and esiimaies that are reasonable and prudent..
slate whether applicable accounting sthndards have been followed. subject to at]y ma(erial departures disclosed and
explained in the financial statemenis.
Ptepare the financial statements on rhe going concern basis unless It is inappropriate to prtsume that the charitable
company will continue in business.
The Iru5tee5 are responsible for keeping proper accountino records which di%lose with reason&ble accuracy at any lirne
the financidl position of the charitable cornpany and to enable ihem to ensure that Ihe financial stalements comply with
the CoTnpanies Aci 2006. They are also responsible for safeguarding (he asseis of the charitable company and hence for
iaking reasonable steps for the prevcniion and detection of fraud and oiher irregularities.

ort of the Inde
endent A￿ditOrS to the Vlembers of
Ex
Opinion
We have audited the financial statements ofExpeci Limiied (Ihe 'charitable cornpany'l and lis 5ub5idiary Ith¢ group) f
the year ended 30 September 20?3 which comprise Ihe Consolidated Staiemeni of Financial Activitie5. the Consolidated
and Parent Balance Sheets, the Consolidated Siaiemeni ofcash Flows and noie5 10 the financial statements. including a
summary of signilicant accounting policies. The financial reporting frnrnework that has been applied in their
preparation is applicable law and United Kingdom Accouniing Standards {United Kingdom Generally Accepted
Accounting Ptacticel.
In our opinion the financial statements".
give a true and fair view of the stare of ihe group's and charitable ¢ompany's affairs as at 30 September 2023 and of
the group's incoming resources and application of resouwe& including its income and ex￿ndit￿re, for the year then
ended:
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prdciice: and
have been prepared in aCco￿anCe with the requirements of the Companies Act 2(K>6.
Basis for opinion
We conducted our audit in accordance with International Stsndards on Auditing IUK) (ISAS {UKI) and applicable law.
Our reswjnsibililies under those standards are fiwther described in the Auditor5, responsibiliiies for the audit of the
rit2ancial statements section of our report. We are independent of the charitable company in accordance with the ethical
requiretnenls that are relevant io our audit of ihe financial stateTnents in rhe UK, including the FRC'S Ethi¢al Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtain¢d is 5uificient and appropriaie io provide a basis for our opinion.
Conclusions relating to going concern
In auditing the fin&ncial siatemenis. we have concluded that the tnjstees. use of the going con¢ern basis of accounting in
th¢ preparntion of the financial siaiements is appropriate.
Based on ihe work we have performed. we have not identified any marerFal uncertainlies relating to evenis or condifions
that. individually or colleciively. may cast significknt doubt on the charitable company'5 ability to continue as a going
concern for a period of ai leasi ￿e1ve tnonths from when the financial sI￿e[Dents are authorised for issue.
Our responsibilities and the responsibilities of the tTU5t¢es with respect io going concern are described in the relevant
sections of this repon.
Ernph85is of Matter
We wish to draw your aueniion to Noie ?2 in the finan¢ial sthtements. ThL5 Ès in relation to accrued income and trade
debtors amoun(ing to £283,700. On discovery this has been COTrecied as a prÈoryear adju5bnent with the resulting effect
of reducing broughi forward funds by £283.7110.
Other information
The trustees are responsible for (he other infortnation. The other inforniaiiola comprises the informaiion included in th¢
Annual Report. other than Ihe fiThantial statelnents and gur Repon of the lftdependent Auditors thereon.
Our opinion on the financial siaiemenis does not cover the other infomiarion and. exeept to the exienr othen¥ise
explicitly stated in our report, we do noi expttss any fortn of assurance conclusion thereon.
In connection with our audit of ihe financial statements. our responsibility is to read the other inforniation and. in doing
so, consider whether the oiher infoTmation is materially inconsisienr with the financial statements or our knowledge
obtained in the audit or othetivise appears to be materially missiated. If we idet]tify such material inconsistencies or
apparent material missiatements, we ate required 10 det¢miine wherher this gives rise to a rnaterial misslaiemeni in the
rit)ancial siatemenis themselves. If. based on the Work we have perfortned. we conclude that theie is a material
misstatemeni of this oiher infOr￿atIon. we ar¢ required to rewn thai fact. We have nothing to report in this regard.
Opinions on other mgtters prescrib￿ by the Companies Act 21M)6
In our opinion. based on the work undertaken in Ihe course of ihe audit."
the information given In the Report of ihe TNsiees for the finaneial year for which the financial 5tatem¢nts are
prepared is eon51Stent with the financial stsiemenis- and
the Report of the Trustees ha5 been prepared in aCCo￿ante with applicable legal requirements.

Re
rt of the Inde
ndent Auditors to the Mernber5 of
Ex
ct Lld.
Mallers which we are required to report by exceptio
In ihe lighi of the knowledge and understanding of ihe charitable company and its environment obt8ined in the course
of the audit. we have noi identified tnaterial missthiements in the Report of the Trusiees.
We have nothÈng io report in respect of the following matters where the Companies Aci 2006 requires us to report to
you if. in (bur opinion..
adequate accounting records have T)Ot been kept or ￿tUrnS adequatc for our audii have not been re¢eiv¢d from
branches not visited by us. or
the financial statements are noi in agre¢TneMt with the accouniing record5 and reiums- or
certain disclosures of trustees. reTnlln¢ration specified by law are not made- or
we have not received all the infomiaiion and ¢xpl#naiions we require forour audit.
Responsibilities of trustees
As explained more fully in the Statement of Trusiees. Responsibilities, the trustees {who are also the directors of the
charitable tompany for the PUTposes of Company law) are responsible for ihe preparation of the financial siatemenis and
for bcing satisfied that ihey give a true and fair view. and for 5u¢h iT]tetnal control a5 the tn]5tees determine is necessary
to en&bl¢ th¢ prepararioii of financial statelnents ihai are free from material ThÈsstaiemeni. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's abiltty to
continue as a going concem. disclosing, as applicable. matters related to going concern and using ihe going concern
basis of accounting ￿nleSS the truslees either intend to liquidate ihe charitable cornpany or to cease operation5, or have
no realislic aliemative bui io do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance 8boul whether the financial staiements as a whole are free from
material tnisstaiemenL wheih¢r due to fraud or e]Tor. and to issue a Report of the Independent Auditor5 tha( includes
our opinion. Reasonable assurance i5 a high level of assurdnce. bui is nor a guarante¢ that an audit eonducted in
accordance wilh ISAS (UK) will alwa)s de(eci a marerial misstatetnent when it exisis. MissEai¢ments caTr arise from
fvaud or e￿or and are considered Tnaterial if. individually or in the aggregaie. Ihey could reasonably be expected to
influence the economic decisions of Use￿ taken on ihe basis of these financial siatemenis.
The extent to which our procedure5 are Ca￿ble of deiecring irr¢gularities. including fraud is detailed below..
As part of designing our audit. we determined maieriality and assessed the risks of material mis5tstement in the
fsnancial statements, including how fraud may occur by enquiring of wnanagement of lis own consideration of fraud. In
particular, we looked where management made subjeciive judoements, for exaTnple in respeci of Significant accounting
e5titnaies thai involved making assumptions and considering fvrnre events thai are inherenily uncertain. We also
considered potential financial or other pre5suies. Op￿rtUnIty and motivations ftsr fraud. As part of this discussion we
identified the internal ¢ontrols established to rnitigaie risks related to fraud or noncompliance with laws and regulations
and how management moniior these proce55es. Appropriate pro¢edures included the review and testing of jOUTnals and
key estimates and judgements made by ￿anagelnertt.
We gained an understanding of ihe legal regulatory framework applicable to the cotnpany and ihe industry in which it
opeTates and considered the risk of acts by the company thar were in bleach of these laws and tegulation& including
fraud.
We made enquiries of management with regards to compliance with the above laws and tegulaiions to ensure thkt there
were no breaches.
A5 part of our audii we perfom)ed sample te5tin& agreeing the financial statements disclosure5 10 underlying supporting
documentaiion and enquiries with management.
We did not identify any key audit matters relaiing io irregularitie& includins fraud. We addressed the risk of
managemeni override of iniemal controls ineluding testing journals and evaluation whether there was evidence of bias
by thE direc10￿ that repr¢senied a risk of material misstatement due io fraud.
Our audit procedure5 were designed 10 respond to risks of rnaterial missthrement in the financial 5taiements, recognising
that the risk of not deieciing a material tnissiatement due to fraud is higher than the risk of not detecting one resulting
from etTor. as fraud may involve deliberdte concealment.
A funher description of our re5PQt15ibilities for ihe audit of the financial siat¢ments is located on the Financial
epot1ing Council's websiie at ￿.Ww.frC.ors.Uk,aUdirorsre5pQnsib1IbTie$. This description forn)s part of our Report of the
Independent Auditor%.

Re
ort of the Inde
eNdent Auditors lo the Members of
Use of our report
This report is made wlely to the charitable company's members. as a b(Mly, in accordance with Chapter 3 of Part 16 of
Ihe Companies Aci 2006. Our audit WO￿ has been undertaken 50 thjt we rnighi siaie io the charitable company's
members ihose mailers we are required to State to them in an auditors, report and for no other purpose. To the fijllest
exient pemiitted by law, we do not accept or assume responsibility to anyon¢ other ihan ihe chaiitable company and the
chariiable company's Tnemb¢rs as a body, for our audii WOTL for thi5 report. or for ihe opinions we have fornied.
Paul Bums Bsc Hon5 BFP FCA (Senior Siaiuiory Auditor)
for and on behalf of Alexander MyeTson & Co Lirnited (Ststutory Audiior)
AleKander House
61 Rodney Street
Liv¢rpool
M¢r5eyside
LI 9ER
Date..
2k

Ex
Consolid8l¢d S¢atem¢nl of Trinancial ActLYities
Incolne and Ex
nditure Account
for the Year Ended 30 Se
tember 2023
30.9.23
Unre5tricied
fund5
30.9.22
Totsl
fiLnds
Notes
INCOME AND ENDOWMEwfs FROM
Donations and legacies
1.592
16.462
Ch#ritabl¢ *¢tivities
Residential Care Services
Supported Living Seryi¢es
Domiciliary Care Services
Day Services
199.950
3.166.006
619,153
3.081,937
86.700
154.037
154.746
Other trading activities
Investment inc(Mne
Other incc>tne
1.499.160
2.959
26,768
.317.291
278
22,095
Total
5.051.181
5,297.953
EXPENDITURE ON
Raising funds
1.240.897
1.151,006
Charitable activities
Residential Care Servi¢es
Supported Living Service5
Domiciliary Care Servi¢es
Day Services
521.196
3.536.338
918.718
3,289,953
18,102
168,379
193.564
Total
5,491,995
5,546,158
NET INCOMEI(EXPENDITURE)
(440,814)
(248,205)
RECONCILIATION OF FLP4DS
Toi&l funds brought fonyard
2,183,327
2,431,532
TOTAL FUNDS CARRIED FORWARD
1,742.513
2.183,327
l-h¢ noies liJnii pan ofihe)¢ findnciLiI %iai¢iiieiiis

Ex
Consolidated Balance Sheet
JO Se iember 2023
30.9.23
Total
funds
30.9.22
Total
funds
Noies
FIXED ASSETS
Intangihle asse
Tangible assets
12
13
25,598
1.850,525
79.426
1887.343
.876.123
1.966.769
CURRENT ASSETS
Debtors
Cash at bank and in hand
646,779
185.063
825.460
285 098
83 1,842
1,110.558
CREDITORS
Amounts falling due within one year
16
(449.702)
(319,779)
NET CURRENT ASSETS
382,140
790,779
TOTAL ASSETS LESS CURRENT
LJABILITIES
2.258.263
2,757.548
CREDITORS
Amoun15 falling due after tnore than otle year
17
{515.750)
1574.2211
NET ASSETS
1742,513
2,183.327
FUNDS
Unrestricted fund5
20
1742513
2,183,327
TOTAL FUNDS
1742,513
2,183,327
The
ancia
Statements were opproved by ihe Board of TnJs(ees and authorised for issue on
o.s.f..,129.i•t.....
ond were signed on lis behaifby..
A Gilmore- Trusiee
Company registration number.. 02357285
-li¢ noies 11)nn P*lll ()i-IIIL'5L' lindnLl411 siaienieni

Ex
ecl Limited
Charit B*l8nLY Sheet
30 Se ternber 2023
30.9 23
Unrestricied
funds
30.9.22
Total
nds
Noie5
FIXED ASSETS
Intangible ELsgets
Tangible assets
Investments
12
7.366
709277
1.124.308
222
739.217
1.124.308
14
1.840,951
1.863.747
CURRENT ASSETS
Debtors
Cash at bank
15
471.377
564,824
139,442
523.836
704.266
CREDITORS
Amounts falling due within one year
16
(467.5461
(285,051)
NET CURRENT ASSETS
56,290
419,215
TOTAL ASSETS LESS CURRENT
LIABILITIES
1.897.241
2,282,962
NET ASSETS
1,897.?41
2.282,962
FUNDS
Unrestricted funds
20
1,897,241
2,282.962
TOTAL FUNDS
1.897.241
2 282,962
The
al sratements weie approved by the Board of Trustees and authoT15ed for issue on
and were signed on its behalf by..
A Gilmore - Trnstee
Cotnpany Registration No.: 02357285

ect Lt
Consolidated C85h Flow Statement
for the Year Ended 30 Se t¢mber 2023
30.9.23
30.9.22
Notes
Cash flow5 from optrating aetivilies
Cash generared from operdtions
4.253)
96 3581
Net c&sh (used inyprovided by operating activilies
4.253)
96,358)
Cash flows fro¥n illVE%ting actiwilie5
Purchase of iangiblelitttangible fixed assets
Interest received
(41.702)
2,959
{21,218)
278
Net cash {used inyprovided by investing activtties
38,743)
20,940)
Cash flows from financing activities
New loans in year
Loan repayments in year
57,039)
52,988)
Net ¢ash lused inyprovided by financing activitie5
57.039)
52.988)
Change in cash and £a5h equivaltnts in
the reporting period
Cash and cash equivalents at the
beginning of the reporling period
(100,035}
{170.2861
285.098
455,384
Cash and cash equivalents st the end of
the reporting period
185.063
285.098
IIL noiL¥ Iiirni part ot-Ihc5e fifti7nii￿11S1aletnLj11

ect Ltd.
P4otes to the Cash Flow Staternenl
ror the Year Ended 311 Se tember 2023
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
30.9.23
30.9.22
Net expenditure lor the reporting period (as per Ihe Statement of
Financial Activities)
Adjustments for:
Depreciation and 2mortisaiion charges
Loss on di5py)sal of fixed assets
Inteiesi received
Decrease in debior5
Increasel (Decrease) in creditors
(440.814)
12482ts5)
132.349
211.470
10.397
(2781
29.531
99 2731
(2.9591
178.681
128.490
Net c8sh (used in)Iprovided by operations
96.358)
ANALYSIS OFCHANGES IN IYET DEwr
At 1.10.22
Cash flow
AI 30.9.23
Net cash
Cash at bank and in hand
285,098
100.035
185,063
285.098
l(M),035)
185,063
Debt
Debts falling due wiihin l year
Debts falling due after l yrar
{57,042)
574,221)
{1,433}
58.471
158,475)
515.750)
631.263
574.225)
Total
346.165
42.997)
389.162)

Notes to the FiNanei&l Statements
ror the Year Ended 30 Se ternber 2023
ACCOUNTING POLICIES
Basis of preparing the fingDcRal slatemerftts
The financial statements of the charitable company. which is a public benefit entity under FRS 102. have been
prepared in accordance with the Chariiies SORP IFRS 102) 'Accounring and Reporting by Charities.. Staiement
of Recommended Practice applicable (o charities preparing their acwtsn15 in accordance with the Financial
Reporting Standard applicable in ihe bK and Republic of Irelattd (FRS 102) (effective l January 2019),.
Financial Reporting Standard 102 'The Financial Reponing Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2(M)6. The finan¢ial 51aternents have been p￿Pared under the hisiorical co
convention.
con501idalion
The group financial slaiements consolidate ihose of the charity and its wholly owned subsidiary undertakings
drawn up to 30 September 2023. The results of the charity's Su￿]dianeS have been incorporated on a line-by-
line basis.
A separdte Statement tsf Financial Activiiies and Incorne and Expenditure Accounr foi the parent charitable
cotnpany ha5 not been presented because rhe Charity has taken advantage of the exemption afforded by section
408 of the Companies A¢1 2006.
Income
All income is recognised in the Statement of Financial Acriviiies onee ihe Charity has entiilement to the funds, it
is probable that Ihe income will be received, and the amouni can be measured r¢liably.
Income from govemrnent and other grants, whether 'capital' granis or 'revenue' grydnts. 15 Tecognised when the
chariry has entiilemeni to ihe fynds. any perfomiance condiliotLS attached to the item(s) of income have been
meL it is probable thai the income will be received. and the amount ran be measured reliably and is not deferred.
Inierest on funds held on deFM)Sit is included when receivable and the amount Can be measured reliably by the
hariry. this is nomially upon noiificatioD Of the interesc paid or payable by the bank.
Dividend income is recognised when the rtght IO receive paytnent 15 established. usually when the investment is
declared ex-dividend.
Trading income is the amount derived from the provision of servi￿ by the subsidiary. and slated after trade
discounts. other sales iaxes and net of VAT.
Expenditure
Expendiwre is recognised once there is a legal or construciive obligation to make a payment io a third party. it is
probable ihat sertlement will be required and the amouni of the obligation can be measured reliably.
Expenditure is classified under the following a¢tiviry headings-.
Residential Care
Supponed Living
Domiciliary Cate
Day Strvices
Irrecoverable VAT is charged a5 a cosl against ihe ac(ivity for which the expenditure was 1ftcu￿ed.
Support costs are those function5 thai assisi the work of the charity bui do not direcily undertake ¢haritable
aciiviiies. Support C05t5 include back-offi¢e costs. f￿a1)et, personnel. payroll and governance costs which
support Ihe charities prograrnme5 and activiiies. These costs have been allocatrd between cost of raising funds
and expenditure on charitable activities. The bases on which support costs have been allocalEd are Sei out in note

eet Ltd.
Notes to the Fina*eial Statements continued
ror the Year Ended 30 Se lember 2023
ACCOUNTING POLICIES- eolltinued
IntaThgible fixed assets- goodwill
Goodwill represenis the exces5 of the cost of acquisiiion of incorp)rated businesses over the fair value of nei
55ets acquired. It is initially reeognised as an assei ai cost and is subsequently rneasured at cost less
accun]ulated amortisaiion and accumulated ifflpaimeni losses. Gwdwill shall be considered to have a finite
useful life. and sh￿[ be amortised on a straighi line basis over five years.
Any negative g(x)dwill is written off to ihe SOFA in the year of acquisition.
Int8J)gible fixed 35setS Other Ihan gO￿lWIll
Intangible asseis are stated at cost less accumulaied amortisation and accumulaied impaimient losse5. Intangible
assets are amortised over their estsrnaied useful life. on the following basis=
Software- 25 /0 per annum reducing balance
Rcbrnnd Costs- 25 /* per annuTn reducing balance
Where facitsrs such as technological advanceEnent or changes in market price, indirdte that residual value or
useful life may have changed. the residual value, usefijl life 01 amortisarion raie are amended prospectively to
refleci the new ¢ircumsiances.
The assets are reviewed for impaiment if the above facÉor5 indicate that rhe carry amount may be impaired.
Costs associated with maintaiving compuiu software are re£ognised As expenses. as incurred.
Impairment or rixed ass¢ts
At each reporting end date. the cFtsrity reviews the carying amounts of its tangible and intangible assets to
deterniine wherher there is any indication thai those assets have suffered an itnpairment loss. If any such
indication exists. the recovernble amount of the assei is esiimated in order to determine ihe extenr of the
inipairnient loss (if any).
Tangible fixed assets
Depreciation is provided ai the following annual rates in order to WTite off each a$5¢t over its estimated useful
life.
Freehold propety
Long It3sehold
Improvements io property
Planr and machinery
Fixtures and fittings
Motor vehicles
Computer equipment
20/0 on cost
2Vo on cosi
2￿/Tr on cost
250/(* on reducing balance
151Tr/o on reducing balance
250/0 on reducing balance
33IJh on reducing balance
Tangible fixed assets are siaied al cost les5 accutnulated depreciaiion and accumulated iTllpairment losses. Cost
iacludes the original purchase price. costs directty attribuiable ro bringing the asset into its working condition
for ils iniended us¢. dismaniling and restoration cost5 and IKkm)wing costs capitalised.
Land and buildings include freehold oifices and corntnunity cenrres. Land and building5 ar¢ stated at COSt les5
aeeumulaied d¢pr¢ciation and accumulared ifflpairtnent losses.
The charitable company previously adopted a wilÉcy of rev￿￿1ng freehold land and buildings, and they were
Stated at their revalued amount le55 any Subsequent depreciation and aeeurnulaied impaim)enl losses.
The difference beNeen depreciation based on Ihe deemed cost charged in the Statement of Financial Activities
and the asseis original cost is charged lo the Revaluation Reserve. Plant and machinery and fixiures and fittings
and motor vehicles are stated at cost IE55 accumulated depreciation and accumulated impairn)ent losse5.
Pa:
16

Ex
eet Ltd.
Notes to tbe Financial Statements- ¢o￿tInUed
ror the Year Knded 30 Se ¢eM￿r 2023
ACCOUP4TIYG POLICIES- eontIn￿ed
Tangible fixed a5setS
Subsequent cosis are included in the assets caryFng amoynt or reco￿7$ed a5 a separate asset, as appropriate.
only when li is pn)bable thai economi¢ b¢n¢fit5 ass(Kiated with Ihe iteffl will flow to the chariiable company and
the cost can be measured reliably.
Repairs. maintenance and minor inspection costs are expensed, as incurtrd.
Tangible assets are derecognised on disposal or when no futute econotnic ben¢fit5 are expected. On disposal, the
difference ben¥een the net disposal proceeds and the carrying amount is recognised in the Statement of
Financial A¢tivitie5.
INvestrnents
Investments are recorded at cost less any irnpairnient required.
Taxation
The charity 15 exempt from cotpoiaiion tax on its charitable aciiviiies.
Charitable funds
All income and expenditure together with gains andlosses a￿ allocated to a specific charitable fund.
Unresiricied funds are available for use at ihe discretion of the trustees in ￿rtheranCe of their charitable
objectives unles5 the fund5 have been designated for other purposes.
Designated fund% are unre51ricted funds of Ihe charity whieh the trustees have decided ai their discretion to set
aside to use for a specific purpose. Further deiails ofdesignated fund5 together wilh their purpose are set out in
note ?0.
Restricted fiknds are donations which the donor has 5pecifi¢d are to be used solely foi particular area5 of the
charity's work or for specific projects being undertaken by the charity.
Leases
Rentals payable under operating leases. including any lease incentive5 ￿CeIVed, are charged as an expense on a
straight-line basis over the ￿rM of the relevant lease.
Revaluatlon reserve
Gains or losse5 arising on ihe revaluation of individual fixed &sset5 (Trther than investment properties are credited
or debited to g non-distributsble reserve known as the revaluation re5erv¢ (See no￿ 20).
Pension costs and other p05¢-relireTnent belltfits
The charitable company OFerates a defined contribution pension scheme. Contributions payable to the
charitable companYs pension %herne are char.oed to the Staterrtenl of Financial Activiiies in the period to which
they relate.
Group relief
The financial statements have been prepared on the a5SUtnption thai group relief will be used to facilitate ihe
transfer of corporation tax losses be￿een companies in the group. No cornpensaiion is made in respe¢1 of any
IDS5 relief between companies.
Going concern
At the time of approving che financial staternents. the rnstees have a reasonable expectation that the chariry has
adequaie resources to coniinue in operational exi51ence for Ihe foreseeable future. Thu5. the i￿stee5 coniinue to
adopt the going concem basis of accouniing in preparing the financial staieTnents.

Ex
Not¢5 lo th¢ Finsncial Ststernen15- fllIltinued
for the Year Ended 30 Se tember 2023
DONATIOP4S AND LEGACIES
30.9.23
Unrestricted
fibnds
30.9.22
Toial
funds
Donations and gifts
Grants
1,592
2,029
14.433
1.592
16,462
Grants ieceived. included in Ihe aknve. ar¢ as follows..
30.9.23
30.9.22
G¢n¢ral grant
14,433
OTHER TRADING ACTIVITIES
30.9.23
Unrestricted
funds
30.9.22
Total
fvnds
Young People's Support
Supported Living
Housing support
Domiciliary Care
445.115
702.3)6
145.520
206,189
237,852
744,199
150.112
185.128
1.499,160
1.317,291
INVESTMENT INCOME
30_9_23
Unrestricted
nds
30.9.22
Total
d5
Dep)sit account interest
2,959
278
INCOME FROM CHARITABLE AcfiviTIES
Residenlial
Care
Service5
Support¢d
Living
S¢rvices
Domiciliary
Servites
Care Package Income
Client Contribution5
Properry Management fee5
Other income
Service charge incorne
198.243
138
1.569
3,101,859
9.332
199,950
3.166.006

ect Lt(L
Notes to the Fin4n¢ial Statemellts - eontinued
for the Year Ended 30 Se
tember 2023
INCOME FROM CHARITABLE AcfiviTIES- conlinued
30.9.23
Total
activities
30.9.22
Total
activiiies
Day
Service5
Care Package Income
Client Coniribuiions
Property Management fees
Other income
Service charge income
147,386
3,447.488
3.836.495
9.174
7.335
3,025
85.798
7,089
5.314
49,295
5,314
154.746
3,520,702
3.941827
RAISING FUNDS
30.9.23
Unrestricied
funds
30.9.22
Total
funds
Staff costs
Other costs - llon-tharitable
Other costs - charitable
DepTeciatio
Loss on sale of assets
1.028,710
118.820
61,358
32,009
958,377
91,586
58,426
32,220
10,397
1740 897
1.151,006
CHARITABLE AcfiviTIES COSTS
Support
sls (see
note 8)
Dire
Cost5
Totals
Residential Care Services
Supported Living Services
Domieiliary Care Servic¢s
Day Services
359,383
2.651.225
161,813
885.113
521,196
3,536,338
128.738
64.826
193.564
3,139,346
4.251.098
PaLL' 19

Ex
ect Ltd.
Notes to the FiDan¢ial Stalements- continued
for the Year Ended 30 Se tember 2023
SUPPORT COSTS
Governance
cosis
Management
Totals
Residential Care Service5
Supported Living Servi¢e5
Domiciliary Care Servi¢¢s
Day Setvice5
143.800
867,100
18,013
18,013
161,813
885,113
46,814
18,012
64.826
1.057.714
54,038
NET IIYCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting)'.
30.9.23
30.9.22
AuditOTS' remuneration
Depre¢iation - owned asseis
Def5Cit on disposal of fixed assets
Goijdwill amortisatLO
Computer software amortisation
12,000
68,921
12,000
77,217
10,397
134.179
73
60.972
2,456
io.
TRUSTEES, REML'NERATIOIY A,WD BEf4EFITS
There were no trustees, remunerdtion or other benefits for the yeaT ended 30 Septernber 2023 noi foi Ihe year
ended 30 September 2022.
Tru5tee$' expen5e5
There were no trustees, expenses paid for the year ended 30September2023 nor for the year ended
30 September 2022.
STAFF COSTS
30.923
30.9.22
Wages and salaries
Social security Costs
Other pensioll costs
3.974,497
372.836
101,448
4,223.433
396,098
108.656
4,448.781
4728 187
The average rnonthly numberof employees during the year was as follows-
30.9.23
30.9.22
Key management personnel
Oiher management & adttjinistration
Client care and 5UPPOrt
22
129
22
144
154
169

Ex
tet Ltd.
Notes to the Financial SIAieThents - continued
for the Ytar Ended 30 Se it￿ber 2023
STAFF COSTS- eontinued
The number of employtts whose ernployee benef115 (excluding etnployer pension costs) exc¢eded £60,(H)O was..
30 9.23
30.9.22
£60.001- £70.000
£70.001- £80,000
£90.001 £100.000
12.
INTANGIBLE FIXED ASSETS-GROUP
Computer softwarel
Rebrnnd
Goodwill
Toials
COST
At l (ktober 2022
Additions
733,318
5.264
9.600
738.582
9,600
At 30 September 2023
733.318
14.8fA
748,182
AMORTISATIOY
Ai l October 2022
Charge foryear
EIiTninaied on disposal
654.114
60.972
5,042
2,456
659.156
63.428
AE 30 Sewember 2(r23
715.086
7.498
722 584
NET BOOK VALUE
At 30 Septembei 2023
18.232
7,366
25.598
At 30 Setxember 2022
79.204
222
79.426
INTANGIBLE FIXED ASSETS-CHARITY
Computer Softwarel
Rebrand
COST
At l Ociober 21Y22
Addiiions
5,264
9,600
At 30 Seoember 2023
14.864
AMORTISATION
At l October 2022
Charge for year
Eliminated on disposal
5,042
2,456
At 30 Sepiernber 2023
7,498
NET BOOK VALUE
At 30 September 2023
At 30 September 2022
222

ct Ltd.
Note5 to the Financial Statements - tontinued
for the Year Ended 30 Se
tember 2023
13.
TANGIBLE FIXED ASSETS- GROUP
Improvem¢nts
to
property
Freehold
property
Long
leasehold
Planr and
machinery
COST
At l Ociober 2022
Additions
.708,476
655,086
12J.924
20,278
At 30 September 2023
1.733.606
655.086
123.924
DEPRECIATION
At l October 2022
Charge for year
361,193
33.469
166,701
101.289
15.034
17.117
632
At 30 September 2023
394.662
179.80J
116.323
17.749
'ET BOOK VALUE
At 30 September 202)
1.338.944
475,283
7.601
2,529
At 30 September 2022
1.347.283
488,385
3.161

Ex
ecl Ltd.
Iyotes to the Financial StateffteNts- wntinu¢d
lor the Year Ended 30 Se ternber 2023
13.
TANGIBLE FIXED ASSETS- continued
Fixture5
Motor
Yehi£le5
Compuier
equipment
fittin85
Totals
COST
At l October 2022
Addiiions
97.024
6.972
16.503
990
2,622,281
32,102
At 30 Septetnber 2023
103.996
16.503
990
2,654,383
DEPRECIATION
At l Ociober 2022
Charge for year
75250
5,820
12,718
757
669
107
734,937
68,921
At 30 September 2023
81.070
13.475
776
803,858
NET BOOK VALUE
AI 30 Sepiember 2023
22,926
3,028
214
1,850,525
AI 30 September 2022
21.774
3.785
321
1,887,343
Two of Expect Ltd's freehold properties were revalued on an open market basis as at 31 March 2014 by Sutton
Kersh, Chartered Valuaiion and Building Surveyors.
The freehold and leasehold properties held by Housing Iniiiaiives IU.K.) Limited were valu£d on 31 March
2009 by Collertons Surveyots and were valued ai marker value assuming vacanr possession.
The trustees are not aware of any material Changes in value since ihe last valuaiion.
There i5 8 first legal charge over 7 St Edmond's Road. 14115 Tarbrock Court, 445 Stanley Road and I
Hougoumount Grove. The bank loan5 secured on Ihe propenies amokjnied to £537.761 which is 48•/0 of the net
book value of the properties. Social Investment Business Ifornierly Fuiurebuilders England Limited) has a first
legal charEe over 2-8.
TANCIBLE FIXED ASSETS- CHARITY
Tmprovemenis
io
property
Fixiures
and
rinings
Freehold
property
Motor
vehicles
Totals
COST
At l October 2022
Addiiions
81M),082
123.924
94.621
6,972
16,503
1,035,130
6,972
At 30 September 2023
800,082
123.924
101,593
16.503
1.042.102
DEPRECIATIOIY
At l October 2022
Charge for year
109.058
15.301
101,289
15.034
72.848
5.820
12.718
757
295,913
36.912
At 30 Septetnber 2023
124.359
116.323
78.668
13,475
332,825

t Lld.
Notes to the Finaneial Stalemenis - eontinued
for the Year Ended 30 St
tember 2023
NET BOOK VALUE
At 30 S¢ptetnbEI 2023
675.723
7.601
22.925
3.028
709 277
At 10 September 2022
691.024
22.635
21.773
3,785
739,217
The carrying value of land included in Freehold Property is £35.000 (2022.. £35,(K)O}
Two of Expect Ltd's freehold properties were revalued on an open market basis as at 31 March 2014 by Sutto]]
Ketsh. Chartered Valuation and Building sutveYo￿.
The trustees are not aware of any rDat¢rial changes in value since the last valuation.
14.
FIXED ASSET If4VESTMENTS-CHARITY
Unlisted
investments
MARKET VALUE
Ai l Ociober 20? l and 10 Septernber 2023
1.124.308
NET BOOK VALLE
At 30 SeptembeT 2023
1.124.308
At 30 September 2022
1.124,308
There were no investment assets outside the UK. The total atnount of £1.124.308 cornprises of inv¢simenis in
Group Subsidiaiies.
Deiails of the charity's subsidiaries at 30 Seplember 2023 are as follow5-.
Name of undertaking
Access to Care Lid
Reg. office
England & Wales
Nature of business
Housing SUp￿)rt
For Young People
t)o]niciliary Care
Supponed Living
tk>miciliary Support
Dortnant
Training Services to
Health & Social Care
Housing Support for
People with Learning
Disabilities and
Other vulnerdble people
Class of shares O/(* Held
Ordinary £1
100
Rowan Care Ltd
Focus Care Wales Ltd
England & Wales
England & Wales
Ordinary £1
Ordinary £ I
100
100
Focus on Work Ltd
Your Future Trnining
Soluiions Lid
Housing Iniiiatives (UK) England & Wales
Ltd
England & Wales
England &. Wales
Ordillary £1
Ordinary £1
100
100
Company
Limited by
Guaranree
100
Name of undertaking
Access 10 Care Ltd
Rom'an Care Ltd
Focus Care Wales Ltd
Focus on Work Lrd
Your Future Training Solutions Ltd.
Housing Initi&tives (UK) Lrd
ProfiV(1055) £ Capital & Reserves £
124.408
106,429
77,168
218.782
200
(19,9411
569.012
105.762
{41.983)

Notes to the FillaNeial Statements - ¢onlinued
for the Year Ellded 30 Se tember 2023
15.
DEBTORS: AMOUNTS FALLING DUE WITHINONE YEAR- GROUP
30.9.23
30.9.22
Trade debtors
Oiher debiors
Tax
Prepaymenis and accrned income
343.296
288.964
230,211
537,023
44.631
13,595
14,519
646.779
825 460
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR- CHARITY
30.9.23
30.9.22
Trade debiors
Amounts owed by group undertaking5
OtheF debtors
Prepayments and accrued incotne
142,616
89,118
226,839
12,804
61,689
46,670
443.242
471.377
564,824
16.
CREDITORS: AMOLNTS FALLING DUE WITHI,N ONE YEAR- GROUP
30.9.23
30.9.22
Bank loans and overdrafts (see note 18)
Trade ciediiois
Social security and oiFLer t￿eS
Other creditors
Accruals and deferred income
58.475
176,218
152,285
?9,780
32.944
57,042
72.209
108.624
46.256
35.648
449,702
319.779
A number of our clients haye been unable t(Tr open personal bank accounts due to difficulty in appointing
suitably independent advocates. As a result, Expect Ltd Continues to receive all benefits and ￿OnIeS due to some
¢lienrs. In order io proiect the long-term financial posiiion of ihese clients, Expect Ltd. has operated a specially
designated Client Money Account with th¢ Buckillgham Building Sociery to hold these ￿anceS.
As ai 30th Septetnber 2023 £104.691 (2022_. £332226) was held for clients and this atnount has been excluded
from the cash at bank and in hand figure and fro￿ trade credilors.
CREDITORS: AMOUPITS FALLING DUE WITHIN Of4E YEAR-CHARITY
30.9.23
30.9.22
Trade credttors
Amounts owed to group undertakings
Social security and other taxe5
Other creditors
Accruals and deferred income
166,846
127,291
129,490
27,919
16.0(
61,991
76.883
92,151
35,097
18,929
285,051

Ex
r*otes lo Ihe Financial Stal¢m¢nls- continued
ror the Year Ended 30 Se tember 2023
17.
CREDITORS: AMOUliTS FALLING DUE AFTER MORE THAN, ONE YEAR- GROUP
30.9.23
30.9.22
Bank loans {see note 18)
515 750
18.
LOANS- GROLP
An analysi5 of the maturity of loans is given below=
30.9.23
30.9.22
Amounts falling due within one year on demand=
Bank loans
58,475
57,042
Amounts falling between one and ye8rs.'
Bank loans- 1.2 years
248,655
247 295
Amounts fallÈn8 due in more than five years..
Repayable by instalrnellts".
Bank loans mort 5 yr. by instal
267.095
326.925
Security ha5 been given in respect of bank loans and overdtafts of £537.761 {2022.. £585.193}.
The bank borrowings Wlth Lloyds Bank of £333.186 (2022.. £368.84]) are secured by a fLxed and floating
charge over the four of the freehold properties.
The bank borrowings with Social Investment Busines5 (formerly Futurebuilder5 England Li￿lted) of £204,575
12022.. £216.350) are secured by a fixed and floating charge over the leasehold P￿PertIes.
19.
LEASING AGREEMENTS-GROUP
Minimum lease payments under non-cancellable Ope￿ing lease5 fall due a5 follows=
30.9.23
30.9.22
Within one year
Behveen one and five years
21245
25,772
24,834
495
47.017
25,329
PIlL¥ 6

ect Ltd.
Notes to the Fin* tial StaleffieTrts- continued
for the Year
ded 30 Se i¢mber 2023
20.
MOVEMENT IN FUNDS- GROUP
Net
movernent
funds
Ai
.10?2
At
30 9.23
Unrestricted IuAds
General fund
Revaluation reserve
Fixed asset fund
Project developtnenl fund
805.955
421.132
881.240
75.0(Ml
(458,5721
{9,785)
27,543
347.383
411.347
908.783
75,000
2,183,327
440 814)
1,742,513
TIYT AL FUNDS
2 183 327
440 814
1742513
The Irustees have designated certoin fvnds lo a551St in rhe financial management of the chariiable company.
In order to a551St the trustees to ideniify the free cash reserves, a designated Fixed Assei Fund should hold
the value of both intangible l¢xcluding giK)diYilll and rangible fixed asset5 It￿ any loan balance used 10
acquire fixed as5¢ts and less ihe Revaluation Reserve as ai each year end.
The Project Development Fund is to fund initial cosis in exploring and starting new projects.
MOVEMENT IN FUNDS- CHARITY
Net
ovetnent
in fund5
At
1.10.22
At
30.9.23
Unrestricted funds
General fund
Revaluaiion reserve
Fixed assei fund
Project development fund
1.468.523
61222
678217
75.0(Ml
(362.925)
(1.475)
{21.321)
1,105.598
59.747
656.896
75.000
2,282,962
385.721
1,897,241
TOTAL FUNDS
2 282 962
385 721
1897 241
The trustees have designated cenain funds io assist in the financial management of1he chaiilable company.
In order to assist the trustees to identify ihe free cash reserves, a designated Fixtd A5sei Fund should hold
the value of both intangible (excluding g￿)dwill) and tangible fixed assets less any loan balatlce used to
acquire fixed assels and less the Revaluaiion Reserve as at each year cnd.
The Project Development Fund is io fund iniiial cosis in exploring and staning new projecis.
21.
ANALYSIS OF liET ASSETS BETWEEN FUNDS- GROUP
Unresrricied
Designaied
Revaluation
Restrve
Total
Intangible Fixed Assets
Tangible Fixed Assets
Current Asset￿{Liabl1llIe5)
Long ter￿ Liabilitie5
18232
7.366
1.439.178
26,374
(489,1351
25.598
1,850.525
382.140
{515,750)
411,347
355.766
(26.615)
TOTAL FUNDS
347.383
983.783
411,347
1,742,513

ct Ltd.
Nijtes lo the Fin2ntial Statements- continued
lor the Year Ended 30 Se tember 2023
ANALYSIS OF NET ASSETS BETWEEN FUNDS-CHARITY
Unrestricted
Designared
Revaluation
Reserve
Total
llltangible Fixed Asse
Tangible Fixed Assets
Investments
Curreni AsSet￿{Liabillljes)
7.366
649.530
7,366
709,277
1,124,308
56.290
59,747
1.124.)08
118.710)
75,000
TOTAL FUNDS
1.105.598
731896
59.747
1,897,241
22.
PRIOR YEAR ADJUSTMEDrr
During the year an ermr was found which dated back 10 financial year ended 30 SeptefftbeT 2021. This was in relation t
accrued income and trade debtors amounting to £283,7(K). On discovery thi5 has been cotrected as a prior year adjustment
with the resulring effect of reducing brought forward funds bj £283,700.