REGISTERED COMPANY NUMBER: 2124RS
REGISTERED CHARITY NUMBER: SC015946
OSCR Accounts
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
FOR
ABBEYFIELD BALLACHULISH SOCIETY LIMrrED
Azets Audit Services
Chartered A¢¢ountants
Statutory Auditor
Accountants
TI￿nIUM I
King's Inch Place
R￿fT¢w
Glasgow
PA4 8WF

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEhlBER 2024
Page
Report of the Trustees
Report ofthe IndepeDdetst Audit(tyr$
Staternent of FlnAnelal Aetlvltles
Bilante Sheet
io
Clsh Flow Statement
Notes to the Cash Flow St#lemeTrt
12
Notes to the Flnanclal StAtemeDII
13 to 22

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTE￿IBER 2024
The irnsle¢s, who are the Executive Committ¢c for the purEM)ses of th¢ Co-operative and Community Benefit Societies
Aci 2014. pre5enl their annual irusl¢¢s' r¢port toge(h¢r with the finan¢ial statements of the ¢harity for the year ending 30
Sepiemb¢r 2024.
The fJJianLial stalenien15 comply with Ih¢ CharitJe5 and Trust¢¢ Jnvcstment {Scotland} Act 2005. th¢ Chariiies Accounis
{Scollandl Regulalions 200() la8 amcndedl, its rnles. and Accounting tjnd Reporting by Charitics-. Statement of
Recominended PTaciice applicabl¢ lo charities preparing thciT accounts in accordancc with thc Financial Reporting
Standard applicable in ihe UK and R¢public of Ireland (FRS 1021.
OBJECTII'ES AM) ACTIVITIES
Objectives and aims
Abbeyfjcld Ballaehulith is establish¢d for (he purpvsc of managing Abbeyficld House at Park Road Ballachulish. which
provides nursing care. residcniial care. day care and gen¢ral hou5in8 for older people. Its objectiYc$ are..
To provide a strucwred quality service using professional as5essmcni skills, p¢rsonal and holistic care planning,
r¢viewin8. monitoring at)d ¢valuaiing constantly 10 improve the service.
To facilitate re¥ular cljeni m¢¢tings and committee me¢tings lo provide a democraiic sy5t¢m for suggeslioms and activc
iDvolTr'emeni in the Tunning of Abbeyfield Ballachulish.
Its aims are io..
promote and maintain a high qualiiy of lif¢ foi Ihe service users,.
promote a cornfonable, secure, homely and weltoming environment for all service users:
encourage independence and retain individualiry;
aciiv¢ly promote service users. rights as citiy.ens, allowing dignity, privacy and choice..
involve service u%ers in the active rnnning ofall services and in any major deci5Lons re¥arding this:
mainthtt) access to and involvement in the wider tommuniry of South Lochaber",
encourage family and fn.ends io visit and assisi in personal care,. and
promote anti diseriminatory pra¢tt¢c.
Significant 8Cti*'iti¢s
Carc Home S¢rvic¢
The Carc Home has 35 sclf-conuined, mod¢rn en-suiie bedrooms providing a mixiure of rcsidcniial, dementia and
nursing care according to 5ervic¢ user's needs. A further 2 bedrooms ar¢ available for the provisions of internediate
care, working in partncr$hip with NHS HighLand. The service operates on a 24-hour seven day a week basis giving
very high Standard ofcarc to all its service U￿rs.
Day Care
The day care c¢ntrc catcrs foi up to l 0 5¢rvicc users daily Monday to Friday. It is open io 811 m¢mbers of our local
community partieularly those. but not exclusively. with assessed needs through Health & Soci&l Car¢ - private seThice
users art welcome. There are a divcw range of aciivities at the day care centre and wc endeavouT io meei ¢he
prefcr¢n¢¢$, intcrc5t alld needs of all Ihos¢ who attend.
OWF.C.TIVES AND ACTIVITIES
Significant gftiTr'iti¢s
Medi¢al Sen'ie
As w¢ll a5 24 hours nursing scrvic¢s Abbcyfield B311achulish provide5 medical suppon services through a range of
clinic5 in partncr5hip with NHS Highland. Tht5e are for podiatry, dietary and hearing impairnient servites. All service
USCTS havc. where appTopriat¥. rcady ac¢cs5 to other services as wcll, which include carc & r¢pair sen'ices, occupaiional
hcalih and aids and equipment.Th¢r¢ are also diabeiic and m¢ntal health clinics which, where n￿ess￿ry. are held with
the support of a video confercncing facility whlch offcrs live links to h05pilal elinics gnd consultant5.
Tl1¢ local General Practilioncr surgcry 15 within walking distsnc¢ of the building and offers a diS￿nS)llg service when
r¢quiTed. Community nursing s¢rviccs 4Lrc lo¢aied in th¢ building and suppon the nursing scrvices provided io our
r¢sid¢ntial clients and those allending froTn the Community to day ¢arc.
Page I

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
REPORT OF THE TRIISTEES
FOR THE YEAR EliDED 30 SEPTEfvIBER 21124
STRA TEGIC REPORT
Aehieiement performance
Charltable aetivities
The Trusiees consider ihat the p¢rformance of th¢ cornpany this year coniinues ac a satisfaeiory level.
Rovm OLcupancy durin¥ the y¢ar ￿a$ 9￿/0 and this level has been maintained. The general house5 had for older clients
urtenily OLClJPted an oc¢upan¢y rate for the year of l OOO/..
Durin8 the year, the managemeni and Tnjstees Continued io make progress in delivering a comp¢teni care setvice for
Ilie Ballachuli5h cornmunity and the surrounding area. The December 2022 inspection by the Care Inspectorate graded
the C#Te home wilh grade .$ in the two areas inspeci¢d namelJ' wellbeing and leadership, with th¢ remaining thrcc area5
slill graded at 6. Day care has not been inspected since 2019 and remains ai grade 6.
A full report for all scTh'iees at Abbeyfield Ballachulish Can bc found ai hnp:/1￿'wW.¢arelnSPeCtordlc.cQm. The chatily
coniinues tu work N'cry Closely with NHS Highland. Health and Social Care and thc Carc Inspectorate to ensure that
h2gh sitsndard of care is d¢livered to older people in the cornmunity.
Fittallcial review
FinAlltial p051tion
ThL statement of financial actii'ities shows a surplus for th¢ y¢ar of £204,422 12023 £240,169). At the end of the ycar,
the at¢umulat¢d funds amountcd 10 £4,017.40012023 £3,812.7981.
IrtVe5tment polieTr objettiv
Under the memorandum and articl¢s of association, thc socicty has the power to any inv¢stments which thc
Trustces scc fit.
Reserves polic}
The preseni level of funding is adcquatc to support the continuation of Abbeyfield Ballachuli5h and the Tnlstees
consider thc f]n8n¢ial position r¢quir¢s Continuous moniioring Lo cnsurc thc society remains viable.
lllternal fina￿CLaI etsntrtsls
The Truslccs arc rc5ponsible for thc Soci¢ty'5 syskrn of inl¢rnal finan¢ial control and have review￿ its ¢ff¢ctiveness
from intotmation provided by managcnicnt staff. Any systcm ¢an only provid¢ rcasvnable and not ab501ul¢ assurance
agaii)st maliyial niisslatcmenl or Ioss. Thc fJJiai)¢ial control sy>tcni wiihin th¢ SociLty 15 fundamcnlally simple and
appioprÈatc to thc 5izc and complcxity of thc organisation It includes a combinaiion of regular review or rinancial
results ¢ompaTcd with an agreed budgcl and authorisation of all ¢xp¢ndittLr¢ by s¢nior siaff and Ilie Trustees
Principal risk5 and un¢trtAinties
Wc are regularly updating our politics and procedures In line with current 8ov¢rnm¢nl guidance.
Financi*l and risk managemcDt objectli'es #nd policSe$
Tli¢ Truslccs ac11￿clY rLviLw Il)c n)ajor ri5k5 which the ton)pany faces and b¢li¢v¢ that by maintaining reserves at about
the curr¢nt l¢v¢ls, combin¢d with an annu(Il rcvivw of expLndituic and incotne they will relain control of ihe finances.
The trust¢¢s hav¢ also ¢xamin¢d other opcralional and business risks faced by the company and confirni thai ihey have
established 5yStem5 10 rniiigatc any stgnifi¢ant Tisks.
Future plxns
The Trustee5 will continue lo ¢xplor¢ wiabl¢ options which will help lo increase income streams and reducc ¢osls.
STRUCTURE, GOVERNANCE AND %qANAGEMEYT
Charit). eonstitution #nd governing document
Thr cliarily 15 L()nstituicd as a 'Rebiistered Society, re¥istered under th¢ Co-op¢raiive and Comniunity Benefit Societies
Aci 2014. Th¢ liabiliiy of m¢inb¢15 LS IiTniled io £1. The society was incorporaled wiih solely chariiable objeLI5, and is
gL)v¢med by lis rules. The company is recognised as a charity by the Office of th¢ Scoiiish Chaiily Regulator. its
ref¢r¢nce number being SC(tr15946.
Page 2

ABBEYFIELD BALLACHULISH SOCIETY I.IMITED
REPORT OF THE TRUSTEES
FOR THE YEAR EYDED 30 SEPTENIBER 2024
STRUCTURk, GOVERNANCE AND MANAGEMEYT
The board of Trustees
The Trustees of ihe society are also charity irusiees for the PUTPO5e of chari¢y law. Th¢ Clection of mcmber5 to th¢ board
of trnstees is in accordance with the rules of the So¢i¢ty.
The rnaximum number of Iruslees at any time is 9.
Ai each general meeting all trustees who have b¢¢n appointed by the dircc¢ors since the last annual gcn¢ral rnccting arc
required 10 re(ire from office, but aTe ihen eligible for re-election. Out of thc T¢maiDing trustees, onc-third is T¢quir¢d to
retire annually from office but are eligible for re•el￿tIon.
Trustees bnrtg iheir own skills to the sociery and induction consisis of becoming familiar wilh Abb¢yfiLld standard5 and
the requirements of ¢urrent legislation as oveTS¢W by the various Tegulaiory bodies.
REFERENCE AND ADMINISTKiTtVE DETAILS
Re%isiered Comp8ny number
2124RS (Not spccifie(iIOthcrl
ReRlstered Ch8rity number
SCO15940
Re%istered offi¢c
Park Road
Balla¢hulish
Flighland
PH49 4JS
Auditor5
A7.cis Audit Ser¥iees
Chan¢T¢d Accountants
Siaiulory Auditor
Accountanl5
TilaniuTn I
King's Inch Place
Rcnfrew
Glasgow
PA4 8WF
Bankers
Royal Bank of Scoiland
6 High SITeei
Fori William
PH33 6AS
Pa8e 3

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR EYDED 30 SEPTE%IBER 21b24
REFERENCE AJ'D ADMINISTRATIVE DET AILS
Solicitors
Maclniyre & Co
38 High Streei
Fort William
PH33 6AT
Ae¢ount#nts
Total Accounting Lid.
Moncrieff House
l O Moncreiff Street
Pai51cy
PA3 2BE
er
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees are responsiblc for preparing thc financial 5taicment5 in accordancc with applicjblc law and United
Kingdom Accounting Sthndard5 (Unilcd Kingdon) Gcncrally Acccplcd Ac¢ounting Practicc). As a Rcgistcred Soci¢ty
registercd under thc Co-opcrativc and Community Bcnefjt Society Aet 2014 th¢ Trusiccs are rcquirL71 lo pr¢par¢
fintsnclal staten)cnts for cach financial ycar which gavc a true and fair view of the stat¢ of the affairs of the Soci¢ty and
of Ihc sutplus OT deficit of thc Rcgi5tcrcd Socjcty for thc year. In preparing tliese, th¢ Trus(c¢s arc rcquiicd to..
select suitable accounting policies and apply them conststcntly:
observe thc methods and principlcs in thc SORP applicablc to thc Rcgistered Socicty:
make judgements and estimatC5 that arc rca50nablc and prudcnl.
staic whether applicable accounting standards and statcnicnts of recornmende41 practice have
been ftsllow¢d.subje¢t to any dcparturc5 disclosed and explain¢d in th¢ financial staicmcnis., and
prcparL the f￿ancial s¢atemcnis on the ¥oing concem basis unles5 it is inappropriat¢ to pr¢sume
that the Rcgis¢cred Sociery ivill continue in business.
Thc Trnslccs arc rcsponsible for keeping pioper accounting recoid5 which disc105e with r¢a50nable accuracy ai any
limc the fLnan¢i)I position of ihc Society and lo cnable tliem to ensure Ilial Ilie financial slatem¢nis comply with ihe
Rcgistcrcd So¢icty' regulation undcr ihc co￿perative and Comn)unity Benefit Societies Act 2014. Tli¢y are responsible
for safcguarding th¢ ass¢lb of ¢hc Sociciy and hencc for laking rcasiinable sieps for Ihc prevention and d¢l¢¢lion of fraud
and othcr irr¢gularilics.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
Each of the p¢rsons who is a t￿ste¢ of thc board al Ihe daic approval of this repori confirms that..
So far as the trustee i5 aware, there is no r¢l¢vaJ)t audit infomialion ￿,hICh thc Regisiered
Society's auditors are unaware. and
The Iruslee lia5 taken all the steps that they ouglil lo liave taken as a InJsi¢L in order 10
make themself aware of any relevant audit information and to establish th21 the Registered Society'5
audiiors are aware ofihat information.
AUDITORS
The auditors, A7ets Audit Services. H'ill be proposed for re-appointment at the forthcomtng Annual General Meeting.
Pa¥e 4

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEI¥IBER 2024
Report of ihe trustees, incorporating a strategic rewL approved by Order of the board of tnist¢¢5. as the company
dir¢ciors, on I l March 2025 and signed on the board's behalf by:
Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
ABB£YFIELD BALLACHVLISH SOCIETY LIMITED
l)pinion
W¢ have audil¢d the finan¢ial 5talement5 of Abbe)'field Ballachuli5h Society Limiled Iihe 'society'l for tlic y¢ar ¢nded
3Q Scpternber 2024 whicl) comprise the Statement of Fjnancial Activities. lh¢ Balancc Sheet. the Cash Flow Statcmcnt
and notes to the financial slatemcnts. including a 5urnmary of 51gnilicant accountinb policie5. The financial r¢porting
franiework ihal has been applied in their preparation is applicablt law and United Kingdorn AccounlÈng Standards
(Uniled Kingdoim Generally Accepted Accountin¥ Praclicel.
In our opinion the fjnancial 5talements'.
give 2 true and fair ￿)eW of the slate of the society'5 affair5 as ai.lo Seplember 2024 and of ils incoming
resource5 and application of re50ur¢e5. including ils income and expendiNre, (or the
year ilien ended.,
ha￿¢ been properly prepared in accordance wilh United Klngdom Generally Accepied Accounting
praclices.. and
havc bcen prcpared in accordance wtth the requirements of ihe Co-operative and Commtsnilies
Bencfii Socieiies Act 2014. the Charities #nd Trustees Invesimeni IS¢oiland) Act 2005 and rcgulation S
of Ihe Charities Accounis (Scoiland) Regulaiions 2nn6 las amended).
Basis for opinlo
W¢ conducted our audil in acclirdance wilh InleTnalional Siandards Audiling IUK) IISAS IUKII and applicablc law
Our rcsponsibilities under thosc 51andard5 ai¢ further described in llie Auditors, responsibililies for thc audit of the
financial siateTnerhtS Section of OUT report. We are independ¢nl of the cl)ariiable ¢ompan)' in accordance ￿'1th rhe
ethical requirements that are releNant 10 our audii of Ihe financial $13iemenis in the UK, includins. the FRC'S Ethical
Standard. and we have fvifilled our other eihical responsibiliiies In accordance with ihese requirements. Wc bclievc
that the audil evidence we have obiained Is sufficient and appropriaie to provide a basis for our opinion.
Cofjeluslott$ relatAng to golng c•neerD
In auditing thc financial siatetnents. we have concluded ihai ihe board of Irusiees {Ihe l)oard'l use of the going ¢on¢ern
basis of accounting in The preparation of ihe financial siarements is appropriate.
Based on the WOTk we have perfomed, we have noi idenlifjed any maierial uncertainties relaiing io events or eondilion5
that. individually or culleciivelj.. may casi significani doubi on the sociery's ability to coniinue as a going conccrn for a
period of at least Iwelve months ftom when ihe f￿ancial si8iements are auihorised for issue.
OUT responsibiliiies 3nd the ￿SPOnSibl]it1es of the board with respect to going concern are des¢ribed the relevant
scetions of thig report.
Other inftsrmation
Thc board arc responsible for the other information. The other inftsrnwtion comprise5 the infom)ation ineludcd in the
Annual Report. oihcr than the financial statements and our Report of th¢ Indcp¢J)d¢nl AuditQTS iheTeon.
Our opinion on the financial stat¢m¢nts does not ¢ov¢r th¢ oth¢r information and, ¢x¢¢pt to the extent othenvisc
explicitly siat¢d in our rcport, w¢ do not ¢xpres5 any form of a$5uran¢¢ ¢on¢lusion th¢rwn.
In connection with our audit of th¢ financial sLat¢m¢nts. our Tesponsibility is to rcad the otli¢r infom)ation and, in doing
so, consid¢r whethcr thc other inforniation is matcrially illconsistcnt wilh ihc financlal Siatcmcnts OT our knowlcdgc
obtaJn¢d in th¢ audit or othcrwisc appcars to bc Tnaterially tni5$1ated. If M'e identify such matcri81 Inconsist¢nci¢s or
appar¢nt mat¢rial misstat¢m¢nts, wc arc rcquircd lo dctcrniinc whcthcr thi5 givcs rise to a matcrial mi55tat¢m¢nt in th¢
rinancial stat¢ments thcmsclve5. If. bascd on thc ivork wc havc pcrfomied. we conclude ihat thcrc is a material
rnisstaicm¢nl of tliis othcr infomiation. ￿'C ar¢ rcquired to rq)ort ihat f8cI. Ive have nothing lo report in this regard.
Matiers tstt Ivhith n'c are requlrcd to report by cxeeption
Ye have nothing lo ieport in respect of the following n)aiiers where thc Co-opcraiivc and Community Benefit So¢ieti¢s
Act 2014 and Ihe Charilies Account5 Iscotlandl Rc¥ulaiions 2006 las amcnded} requires us to rcport lo vou if, in our
opinion..
the infomjation given in the Repori of ihc Trnstecs is inconsislenl in any material rcspcct with the
financial siatcmcnts.. or
Ihc chari¢ablc company has not kept propcr and ad¢quat¢ accounting r¢cords.' OT
Ihc financial stat¢m¢nts ar¢ not in agrecrncnt with thc a¢¢ounting records and rcturns., or
wc havc nol received all thc inforniation and ¢xplanations wc r¢quir¢ for our audit.
Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
ABBEYFIELD BALLACHULISH SOCIETY LIMITED
Responsibilities of trustee$
As explained morc fully in the tnJ5tee' Tesponsibiliti¢s slat¢m¢nl. the trustccs are responsibl¢ for the prcparation of the
rinancial staiements and for being satisfied tha¢ rh¢J giv¢ a tru¢ and fair vicw. and tor su¢h inicrnal control a5 the
Irusiees dclemiin¢ is necessary lo cnablc th¢ pr¢paration of linancial statcments that are fTCC from maierial
missiaiemeni. wli¢ther due lo fraud or Lttor. In pr¢paring thc financial staiements, the trustces are rc5ponsiblc for
assetssing ilie society's ability to continue as a going conccrn, disclosing. as applicablc. nJatt¢r5 rclatcd to going concern
and using tlie going concertl basis of accounting unless the trustees eithcr intend to liquidat¢ the society or to ccasc
opeTaiions. or hav¢ no Teali51ic aliemativc bui lo do so.
Our responsibilities ftsr the audit of the financial Statements
We have be¢n appointed a5 auditors under Scction 44(1)Ic} of the Charities and TThst¢c Investment (Scotlandl Act 2005
and repori in a¢¢ordanee with the Act and rclcvanl r¢gulations made or having eff¢¢t th¢￿under.
Our objectives arc to obtain reasonable assuran¢e about whether ihe financial slat¢n)¢nls a5 a whole aTe frcc from
material misslale￿tnI. wheiher due lo fraud or error, and io issuc an auditor'5 report that includes our opinion.
Reasonablc assurance 15 a high level of assurance but is not a guarant¢¢ that an audit conducled in accordance wilh
ISAS IUKI will alway5 delect a mai¢rial niisslatemenl when it exisis. Misstalemenls can ari5c fr(Trm fraud or error and
are considcrcd material if. individually or in Ihe aggTegaie, Ihey could reasonably be expected to influcn¢¢ ihe economic
decisions of users iaken the basis L)f these financial statements.
Ext¢nt to which the audii was considered capable of deiecting irregularili¢s, including frdud
Irrcgularilies, including fraud, are instat]ces of non-compliance wilh laws and reg￿15110ns. We design proceduTes in line
wilh our iesponsibiliiies, outlined above and on ihe Financial Rcporlin8 Couneil's website, io delect maicrial
rnisstatcmenls in respect ofirregulariti¢s. including fraud.
We obtain and updaie our undersianding of ihe entity, lis acliviti¢s, it5 Colllrol environment. and likcl). fil￿re
devclopmenis. including in r¢l&iion to thL legal and regulatory fTainework applicable and how the entity hs complying
with ihai fra￿e￿'0rk. Rased on this understanding. we identify and asses5 the risks of maierial misslaicmcnt of the
financial Statements, whether due lo fraud or CTtor, design and perfomi audit procedures responsive to thos¢ risks, and
obtain audit evidence ihai is sufficient and appiopriaie to provide a basis for our opinion. This includes ¢ODsidcrdtion
of the risk of acts by the entity that were contrary io applicable laws and regulations. including fraud.
In response lo ihe risk of irregularities and non-complianc¢ with laws and regulaiions, including fraud, we designed
proccdurcs which included..
Enquiry of managemcni and thosc charged with governance around actual and poteniial litigation and Clairns
a5 WCII as acwal. suspccted and allcged fraud:
Rcviewing minutes of mcctings Lbfthose charged with govcrnance:
Assessing thc cxtent of compliance with ihe laws and r¢gulation5 considered io hav¢ a direct material effect
on the financial stat¢m¢nts or thc operaiions of the aociety through enquiry and inspc¢iion',
Reviewing financial statcmcnt disclosures and iesting to supporting do¢umeni31ion to a5gss ¢ornplianee with
applicable laws and T¢gulatiOn5'.
Pcrforniing audit Work 0￿cr thc risk of mat)agement bias and ovcrride of controls. including testing of journal
ct)trics and i)th¢r adillstmcnt5 for appropriat¢n¢ss. ¢valuating the business raiionale of significanl Iranstsctions
outside ihc norn)al cour5c of business and rcvicwing o¢counting esiimaies for indi¢ators of potential bias.
Bccause of ihc inhcrcnt lirniiations ol. an audii. Ihere is a rÈsk that we will noi dete¢1 all irregulariiie5, including those
leading io a malcrial misstat¢tncni In the financial stat¢incDts or noA4ompliance with rcgulation. This risk increases
the MOTC that compliancc wilh a law or regulation is rcrnoved from the event% and transactions reflected in the financial
staiemcnls. as w¢ will bc less likcly to b¢com¢ awarc of instanccs of non-compliancc. The risk tsf not de￿¢ting a
maierial misstat¢m¢Dt resulting from fraud is high¢r than for onc rcsuliing from ¢rror, a5 fraud may involve collusion.
forgery, intcnlional omissions. mi5reprcscnialions, or the override of intcmal control.
A further description of our responsibili¢ies for th¢ audit of thc fitwicial statcm¢ntS 15 locatcd on the Fitvancial
Rep(7riing Council's website at www.frc.org.uk/audttor5rc5POTtsibilities. This description fornis part of our Repon of the
Ind¢p¢nd¢ni Auditars.
Page 7

REPOR T OF THE INDEPENDENT AL:DITORS TO THE TRUSTEES OF
ABBEYFIELD BALLACHULISH SOCIETY LIMITED
Use of our report
This repon is m?de solely to the soci¢ty's members, as 8 body, in accordance ￿'11h Section 87 of the Co-OP¢Taiive and
Conimuniry Benefit Soci¢ii¢s Act 2014. and R¢gul#tion 10 of th¢ Charities Accounts {Scoilandl Regulations 201)6. Our
audii work has been und¢rtak¢n so thai we might state io iht soeiety ihosc matters we are required io state io it in an
audiior5' report and for no purpos¢. To the ￿lIest exieni pern)itied by la￿,, we do noi acc¢pt ()r o$sum¢
responsibiliry to anyone other than the for our audit work, for ihis repojt or for the opinions we hai'e fonned.
for and on behalf of Azets Audit Services
Chartered Accouniants
SiaDJiOry Auditor
Eligible to act as an auditor in lerrns of Seclion 1212 of th¢ Comp2tti¢s Act 2(K16
AccOun￿niS
Titanium I
Kin¥'s Inch Place
Renfrew
Glasgow
PA4 8WF
I l Nfarch 2025
Page 8

ABBEVFIELD BALLACHULISH SOCJETY LIMITED
STATEMEYf OF FINANCIAL ACTIVITIES
{INCORPORATING AN INCONIE AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED JO SEPTEMBER 2024
2024
Toial
funds
2023
Totsl
nds
Unre5￿Cted
funds
Resiri¢t¢d
furtd
Noies
Ih'COTrqE AND ENDOWMENTS FROM
Don&titin$ and legacies
1,419
1,419
142,796
Ch*rltxble ¥Jctlvltles
Care activirics
2.235,387
2,235,387
1,881,933
InN'¢sthienr income
Other income
14,899
14,899
10.710
4,584
17,070
Total
2.262.415
2,262.415
2.046 383
EXPENDITURE ON
Chxritable #ctii.Itles
Care ¥tivitie$
2,057.993
2.057 993
.806.214
NET INCOME
204,422
204,422
240,169
RECONCILIATION OF FUh￿s
Toial funds brought forward
1.116,574
2,696.404
3,812,978
3.572,809
TOTAL FUNDS CARRIED FORM'ARD
1.320 996
2.696.404
4,017 400
3.812978
The notes forn) pan of these financial siatements
Page 9

ABBEYFIELD BALLACHULISH SOCIETY LIMrrED
BALANCE SHEET
30 SEPTEMBER 2024
2024
2023
Noies
FIXED ASSETS
Tangible assets
3,595,179
3,562.630
CURRENT ASSETS
Siocks
Dobtors
Cash in hand
12
9(K)
37.254
9W
60,425
584.532
s26.6￿0
645.857
CREDITORS
Amounts fall3ng du¢ within on¢ y¢8r
14
264.251
{237.888)
ET CURRENT ASSETS
562.349
TOTAL.4SSETS LESS CURRENT
LL4BILITIES
4,157,528
3,970,599
CREDITORS
Amounts falling due after more than one year
15
1140.1281
1157.6211
NET ASSETS
4.017,400
3.812.978
FUNDS
Unrestrlued fijnds
R¢siri¢ied ￿llds
19
1.320,996
2.696 404
1,116,574
2,696.404
TOTAL FUNDS
3.812.978
Th¢ fJDancial statements were approved by the Board of Trustees and authoris¢d for issuc on I l March 2025 and were
sI￿lled on its behalf bs-.
The note5 fom) pan of these financial sts*rn¢nt5
Pag¢ 10

ABBEYFtELD BALLACHULISH SOCIETY LIMITED
CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 SEPTEIIIBER 21124
2024
2023
Notes
Cash IIow5 from operntlttg A¢tivliles
Cash generAied fTom operations
Interest p&id
307,011
12 205)
283,159
14,3461
Nct cash tffovidcd by operating activities
268.813
CAsh flow5 from Inveiting 8¢ti*4tl
PuTchas¢ of tangibl¢ fix¢4 ass¢ts
Inierest T¢c¢iv¢41
181.1991
14.899
177.699)
4.584
Net cash used in investing a¢tivxties
66,300)
73 1151
C*sh flows from fjnaneing *ctivitie$
Lo)n repaimenis in J'ear
24 5921
48,5581
Net cash used in financing activitie5
24.592)
48.5581
Change In c*sh &Dd ¢a$h equlvalents In
tlje reportlnE Perlod
CAsh And cash equlvolent$ at the
beglnnlng of lh¢ r¢portkng perlod
203,914
147,140
584.532
437 392
C#$h And eash equlvaltnt5 It the end of
the reportfing period
788.446
584.532
The notrs forni pan of ihese financial ststements
Pagell

ABBEy￿ELD BALLACHULISH SOCIETY LIMITED
NOTES TO THE CASH FLOII, STATEMEhT
FOR THE YEAR EFIDED 311 SEPTE￿IBER 2(124
RECONCILIA TION OF NET INCOME TO NET CASH FLOW FRONI OPEIL4TINC
ACTIVITIES
2024
2023
Net Ineome for the reportlnl perlod {*s per th¢ St4¢emoDI of Fin8n¢l•l
Activitiesl
Adjustment5 for:
Depreciaiion charges
Loss on disposal of fixed assets
Iniere51 TeceiNed
Inieresi paid
Decrease,.'lincreasel in debtors
Increase in CredI￿rS
204,422
240.169
43,944
4,706
114.8991
12205
23.171
33,462
38.841
14,5841
14.346
40.829)
35.216
Net ¢a$h prnvided by optratiott%
307.011
283.159
ANALYSIS OF CHANGES IN I¥ET FUNDS
At 1110123
Cash flow
AI 3019124
Net cash
Cash at bank And in hand
584.532
203.914
788,446
584.532
203914
788,446
Debt
Deb15 falling due witliin l year
Debts falling due aft¢r l year
(25,1721
157.621)
7,099
17893
(18,0731
140,1281
182,793)
158
Total
228.506
630245
The notes forn] pan of Ihese financial 51aiements
Page 12

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
NOTES TO THE FINANCIAL sTATF.￿lE￿Ts
FOR THE YEAR ENDED 30 SEPTEfvIBER 2024
ACCOUT¥TING POLICIES
B4si$ of pr¢parin% the fin&nelal statemeDt$
Thc financial siaicmcnts have been prepared in accordance wilh Accounting and Reporting by Chariiies..
Siaiemeni of Recommended Praciice applicable to charities PTeparing Ilicir ac¢ounts in accordance wilh the
Financial Reporting Standard applicable in ihe UK and Republic of Ireland IFRS1021 (effective l January 2015)
Charities SORP IFRS 1021, Ihe Financial Reponing Standard applicable in th¢ UK and Republic of Ireland
{FRS 1021.
Abbeyfield Ballachlllish Society Limited m¢eis the definition of a public benefit enlily under FRS 102. The
chariiy is regist¢r¢d under the Co-operaiiNe aijd Cornmunily Benefit Soci¢tics Acl 2014 {Reference Number
2124RSI and is r¢gistered chaiily wilh the Offjce of the Scoitish Chariry Regulalor {OSCR} (Charity Number
SCll159461.
Asscis and liabilitlC5 arc initially recognised ai historical cosr or iransaction value unless oihenvise stated in ihc
rclevant accounting policy notelsl.
Prepar4tiTrn of g¢¢ount$ on a goiDg eon£erD bAsiy
A large portion of tli¢ charity's Incomc cur￿￿tlY col'crs staff costs which have increased due io ihe it)creas¢ in
the Ni ational Living Wage and the incr¢ag in cn]ployers national insurance. This has a significant impact on the
viability ol the hornc and its upkccp. In addition tale home providcrs have been forced io accept a Inarginal
uplifi of 2.8•/o to thc funding of carc home placemenis made by Local Authorities. when 4°/0 is recognised as the
figurc lor ¢ar¢ provider5 to continuc in busincs5.
Th¢ Irust¢es arc addrc55ing thes¢ issues by changing flgts on its premiscs to provide residential care. This will
increase its capacity from 3n to 37 and would make the home mgr¢ l'iable.
Critical &ctounting J￿dgementS & kcv wurces of estlm4tifjn unc¢rtaiDtv
In prcparing thesc financithl siar¢ments. thc trustces have not made aDV erilical accouniing judgements or utilised
any k¢y sourc¢s of estimation ut)ccrtainty.
In¢ome
Income 15 recognised whcn Ihe charity ha5 entitlcment to the funds. any pcrforniance conditions atta¢hed to thc
itemls) of income havc bcLm m¢t, it j5 probablL thai Ihe incomc will be received and th¢ amount can bc
measured reliably.
Donallons, are rccognis¢d wh¢n th¢ Trusl has ￿en notified in writing of btsth the amount and settl¢m¢nt datc. In
the ei'enl thai a domlion is subjclt to conditioÉJs ¢hai Tequirc a Icvel of pcrformance before the chaTity is ¢ntitlcd
to the funds, Ihe incomc is d¢fcrred and not rccogniscd until ¢ither those conditions are ￿7]Y m¢t. or thc
fuifilnicnt of Iliose conditions is wholly within Ihc control of th¢ charity and it is probable that thos¢ conditions
will be fulfllled in the reporting P¢TlOd.
Income from govemmeni and other grant8, whLihcr '¢apital' grants 01 'reiienue' grants. is recogniscd whcn tl)c
Chariiy has eniitlcmcni 14) the fund5, any PLrfvrnian¢¢ conditions attached lo thc grants have becn mct, it is
probable ihai Ihe incom¢ will be receivcd and ihe amounl can be mcasured reliably and is not dcfcrrcd. All
grdnis received are includ¢d as income in the the Siai¢mcnt of Financial Activities.
Inieresl on ￿ndS Iicld on deposit is includcd whcn receivable and the amouni can b¢ mcasurcd rcliably by the
charity., this 18 nornully upon nOlJficaiion of ihe ini¢r¢sl paid or payable b), Ihc Bank.
Housing accommodation is income received during th¢ year frotn general housing. Nursing and rcsidcntial carc
repTesents the amout)ts charged for nursing. residential and day care serviccs proi'id¢d in the ycar, and is
recognised on a delivered basis. INThere inc()me is r¢¢¢iv¢d in advance. il 15 defLrrcd uiilil tli¢ ¢rileria for incon)e
recognition are rn¢L.
Other income ￿prese￿IS Ihuse items not (allit)g into any other heading.
Page 13
continued...

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
,NOTES TO THE FifiAN'CIAL STATEMEf*TS- eontinlled
FOR THE YEAR ENDED 30 SEPTEIIBER 2024
ACCOUP*TING POLICIES- contiDved
Expenditure
Expenditure is recogniscd onc¢ thcr¢ 15 a legal or constructiv¢ obligation lo make a paymeni io a third party, it is
probable ihai settlemeni will be required and ihe amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings..
Expendiwre on cliaritable activities includes the ¢osts of a¢tiviii¢s undertaken to funher ihe purposes of the
charity and their associaied support Costs.
O¢hcr expendiwre represents those items noi falling into any other heading.
Irrecoverable VA T is Charged as a ¢ost against the aciiviiy for which the expetyiiture was incurred.
Allocation and app¢>rtionm¢nt of costs
Support costs arc Ihosc fun¢iions that assisi the work of the charity but do not directly undertake chanlablc
gclll'lties. Support cosis includc back office Costs. financc, pcr80nncl, pa)roll and goi'emancc costs M,liicli
support the chariry's pr0￿MM¢S and aciivitics. Thesc costs havc bc¢n allocated to cxpendiiurc on charitable
T8ngible fixed gSSft$
Dcprcciation is provided ot the following annual rotes in QTd¢r to WTlt¢ off ¢a¢h assct over its esiimatcd u5cful
Freehold propcrty
Fixtur¢s and fittings
Motor v¢ht¢lcs
not provid¢d
20 In on cost and IOQ/o on cost
25*10 on rcdllcing balancc
Ho￿￿1ng Assoctation grant% and other grant% foT capital expenditure on housing properties received in prior
accounting P¢Ti()ds wcr¢ d¢duct¢d from th¢ ¢ost of housing propcrtl¢s on tli¢ fa¢¢ of Ihc balance sheci. No
adjustni¢nt w'as niadc on transition to FRS102 a5 thc ie5uliing net book value wa5 a5%5s¢d io bc cquivalcnl 10
th¢ fair value of the property.
Property is carri¢d at fair value based on Cu￿¢￿1 market value5 being achieved for sal¢5 of homes with similar
number of beds. This is rel'iewed annually by the Trustees wilh any LTiipairtnent or uplift ￿l￿g r¢flecied through
Ihe Slalement of Financial Activitie5.
Stocks
Stocks are valued at Ihe lower of cost and nei realisable value, after making due allowance for ob501ele and slow
movlng iiems.
TaxatloTh
The charity is excmpt from COJPOTaiion lax on its charitabl¢ activities.
Fund gccounti•g
Unrcstricicd funds ar¢ available to spend un a¢iii'iti¢s Ilial furtl)er any of the purpos¢s ofchariiy.
Designated funds are unrestricted funds (Ff the charity which the tTU5tee5 have decided at their dtscreiion to sei
aside to use for a specific purpose.
Reslricted funds are donation5 which the donor has specified are 10 be solely used for particular areas of the
harity's work.
Pension costs and other post-retlrement benefits
ExislinbT employees of Ihe charity were eniitled 10 join ilie The Flexible Reiiremeni Plart. a tnoney purchase
defined ci)niribuiion pension scheme managed by The Penbions Trust wliich is funded by Contributions from
employee and employer.
Page 14
continued...

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
NOTES TO THE FINANCIAL ST ATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTENIBER 2024
ACCOUNTING POLICIES- contin￿ed
Pf nsion to$ts and other post-r¢tirement benefiis
Contributions payable io ihe ¢haritablc company's pension scheme are charged 10 the Statement of Financial
AciivitjC5 lll thc period to which they relate.
Cash 8t bank and In hand
Cash at bank and cash In hand includes cash and shon term highly liquid invesiments wilh a short rna￿rity of
three m(Trnths OT less from the date of acquisition or opening of the deposit or similar accouni.
Debtors
Tradc and other debtots are recognis¢d at the settlement amount due after any discouni offered. Prepayments are
valu¢d at thc amount prepaid net of any discounts due.
Creditors and provision$
C'rcditors and provisions arc r¢¢ognised whcrc ihe charity has a prcsenl obligation resulting fr(Trm a past iVCtIt
that will probably resulr in ihc transfer of funds to a ihird party and Ihe amtsuni due io seiile th¢ obligation can
bc mcasured or estimaied reli)bly. CT¢ditors provisions are nornthlly tecognised ai iheir seLtlem¢nl amount
aftcr allowing foT any discounrs du¢.
DONATIONS AND LEGACIES
2024
2023
Dona¢ion5
1,419
142 796
INTr. rESTMENT IliCOME
2024
2023
Deposit account interc5t
14,899
4.584
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Acriviry
Carc activities
Carc a¢tiviti¢s
Housing a¢cornmodation
Nursing and residenlial care
63,486
2.171.901
67,743
,814,190
2,235,387
1.881933
CHARITABLE ACTII'ITIES COSTS
Support
osts Isee
nole 61
Direct
Costs
Totsls
Care activities
2,052,773
2.057.993
Page 15
continued..

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued
FOR THE YEAR ENDED 311 SEPTEMBER 2024
SUPPORT COSTS
Governanc¢
cost5
Care a¢tiviti¢s
5.220
NET INCOMEI(EXPENDITURE)
Net incomellexpenditure} is stAied after chargingl{creiliting}'.
2024
2023
Auditors, remuneration
Depreciation- owned assets
Deficit on disposal of fixed assets
5.220
43,944
4,706
4.620
38.841
TRUSTEES. REMUNERATION AND BENEFJTS
Thcw w¢re no Irusle¢s' r¢mun¢ration or other benefits foT the year ended 30 Sept¢rn￿T 2024 nor for the year
t]dcd 30 September 2023.
Truitees, expenses
The charity met Indi￿)dUal expenses incurred by trustees for seT*ices provided to the charity during the year by
reimbursement of the trustees. During the year one trustee was reimbursed trayelling expenses totslling £261
(2023 - £4481}
The Soeiery has arrdnged indemnity insurance for ihe lrnsttts.
STAFF COSTS
2024
2023
Wages and salaries
Social securiry cosis
Other pension costs
1,504,181
109.854
26,764
1.303,294
87,740
1.640,799
1410 790
The average monthly number of ernployees during the year was as follows..
2024
57
2023
53
No employ¢¢s r¢¢civ¢d ¢molum¢nts in cxc¢ss of £60.￿0.
The trustee5 consider the key managernent personnel of the society to be the manager and the office staff whose
¢rnployec benefits total £167.839 {2023.. £154.0641.
Pagc 16
continued...

ABBEYFIELD BALLACHULISH SOCIETY I.JMITED
NOTES TO THE FINANC.IAL STATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
io.
COMPARATIVES FOR THE STATEMKNT OF FINANCIAL ACTIVITIES
UTbreslricied
funds
Rcstrieted
fund
Total
funds
Ir*'COME AND E￿,DoWMENTs FROM
Donations and l¢ga¢ics
142.796
142.796
Charit8blc artivitiés
Care aciivities
1,881,933
1,881,933
Ini'cstmcnt incorn
Oihcr income
4,584
4.584
17,070
Total
2.046,383
2.046,383
EXPE)DITURE ON
Charitable ¥¢tivili¢s
Caie aciivities
1,806,214
1,806.214
NET INCOME
240,169
240.169
RECONCILIATION OF FUNDS
Total funds broughi ltsrward
876,405
2.696,404
3,572,809
TOTAL FUNDS CARRIED FORIVARD
1,116,574
2.696.404
3,812,978
TANGIBLE FIXED ASSETS
Fixture5
and
fLttin8S
Freehold
property
Motor
vehicles
Totals
COST
At l October 2023
Addilions
Disposals
3,317,248
603,125
81,199
162.071}
57,190
3,977.563
81.199
162,0711
At lQ September 2024
3.317.248
522.253
57.190
3.896,691
DEPRECIATION
Al l October 21)23
Charge for year
Eliminated on disposal
3(￿.322
41.799
157,3651
48.611
2.145
414.933
43.944
1157,3651
At 30 Septen)ber 2024
250,756
50,756
301,512
NET BOUK VALUE
At 30 Sepicmber 2n24
3,317,248
271,497
6,434
3,595,179
At 30 Sepiemb¢r 2023
3,317,248
236.803
8,579
3,562,630
Page 17
Continued...

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
'OTES TO THE FIN'ANCIAL STATEMEl*TS- ¢oDtthued
FOR THE YEAR EI%DED 30 SEPTE)IBER 2024
12.
STOCKS
2024
2023
Stocks
900
900
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Reni receivable
Prepayments and accrned income
14.312
22.942
31.925
28.500
37254
60.425
14.
CREDITORS: AMOUNTS FALLIryG DUE IIITHIN ONE YEAR
2024
2023
Bank loans and overdrafts {see note 16)
Other loans (see note 16)
Trade crediiors
Social securiry and other t￿¢$
Accrnals and deferred in¢ome
18.073
18.183
6,989
36.556
21,138
155,022
30,001
21,833
264.251
237.888
DEFERRED INCOME
Donaiions
ond legacies
Chariiable
aciivities
Movemtnt
2024
Movemeni
2023
At sian of yeaT
Amounts released io incoming Tesources
Amounts deferred in year
99 125
(99,1251
118,030
99.125
(99,1251
118030
61,380
161,3801
99,125
A¢ end of y¢¥r
118.030
118,030
99,125
Deferred charilies aciiviiies income comprises of income from housing accommodaiton and care services
received in advance.
Page 18
continued...

ABBEYFIELD BALLACHVLISH SOCIETY LIMITED
NOTES TO THE FINAh'CIAL STATEMEh'TS- ct>DtiThued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Bank loans Is¢c noic 161
140.128
157.621
16.
LOANS
An analysis of (lie Tmaluiily of loans is given b¢low'.
2024
2023
Arnounts falling due within onc ycar on demand..
Bank loans
Oihcr loans
18.073
18.183
6.989
18,073
25.172
Amoun15 falling between one and two years..
Bank loans- 1-2 years
107,413
34.433
Amounts falling due betwccn two and fiv¢ ycar5'.
Bank loans - 2-5 years
32,715
63,046
Amounts falling due in more than five years..
Repayable by it)stalmeDts'.
Bank loans mL)re 5 yr by instal
60,142
17.
SECURED DEBTS
The following secured dcbts are includcd within creditors..
2024
2023
Bank loans
158,201
175804
The Roy31 Bank of Scotland loan is secured by a first standard security over Abbcyficld Housc and a bond and
floaiing charg¢ over the society's assets.
18.
AIYALYSIS OF NET ASSETS BETIVEEN FUNDS
2024
Total
funds
2023
Total
runds
Unreslricted
funds
Resiricted
fund
Fixed assets
Current asscts
Current liabilitie5
Long iemi liabilitaes
898,775
826,60n
1264,2511
140,1281
2,696,4(
3,59S,179
826,60(1
{264,2511
14(1,1281
3,562,63Q
645.857
1237,8881
1157,6211
1.320,996
2,696.404
4,017,4(x>
3,812,978
Pagc 19
continued...

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
NOTES TO THE FITr4AI*CIAL STATE%IEYTS- ¢ontlnued
FOR THE YEAR EYDED 30 SEPTEIIIBER 2024
19.
MOVENIENT IN FUNDS
Transfers
between
fijnds
At
IIIOQ3
nlovemenl
in fund5
At
3019124
Unrestrieted funds
Revenue reserve
Dcsignated reserves
Fixed asset re5eTve
885.324
223.191
8.059
204,422
2.015
1.091,761
223.191
6.044
2,0151
.116.574
204.422
1.320.996
Resiriet¢d fund$
R¢stricied Tescrv¢s
2.696,404
2,696.404
TOTAL FUNDS
3.812,978
204,422
4.017.400
Nei mov¢m¢nt in thnds. inclu(kd in th¢ above are as follows..
Incoming
T¢SOU￿¢s
R¢sourcc5
¢xp¢ndcd
Movcment
in funds
Unre$tri¢ted futsd$
R¢v¢nu¢ r¢%rY
2.262,415
12.057.993)
204.422
TOTAL FUNDS
2.262.415
2.057.993}
204.422
Comp8T•tiv¢$ for movement in funds
N¢t
mov¢me
in funds
Transfer5
tw¢en
funds
Ai
IIIOQ2
At
3019123
Unrestrlcted funds
Re¥enue reserve
Deslgnated rcsctves
Fixed asset rescNe
762,469
103.191
10,745
120.169
120.OIK)
2.686
885,324
223,191
8.059
(2.6861
876,405
240.169
1,116,574
Re5trlrted fundi
RestricRd Teserves
2.696,404
2,696.404
TOTAL FUliDS
3.572.809
240.169
3.812 978
Page 20
coniinued...

ABBEYFIELD BALLACHULISH SOCIETY LIMITED
NOTES TO THE FINANCIAL ST ATEMENTS- conlittued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
19.
MOVENIENT IN FUNDS- contiDu¢d
Comparative net movement in funds. included in the above are as follows..
In¢gming
r¢50UTCe5
Resources
expended
Movement
in funds
UDf¢strieted funds
R¢vcnuc rcscrve
Designat¢d rc5crves
1.926,381
120,000
11.806,214)
12n,169
120,1)no
2.IM6,383
1,806.214)
240,169
TOTAL FUNDS
2.046,183
1,806.2141
240,169
A currcnt )'car 12 months and prior year 12 month5 combit)ed position is as follows:
Net
movemeni
in funds
Transfers
between
funds
At
1110122
Ai
3019124
Lnrestri¢t¢d funds
Rcvcnuc r¢scrv
Dcsignat¢d rcs¢rvcs
Fix¢d as%t r¢%TV
762.469
103.191
10.745
324.591
120.000
4,701
.091,761
2?.3.191
6.044
4.701)
876,405
444,591
1,320.996
Restrlcted funds
Resiricled r¢seTves
2,696,404
?,696,404
TOTAL FUNDS
3,572,809
444,591
4,Q17.4(M)
A Cu￿ent yeoT 12 months and prior year 12 months cornbincd net movcment in funds, in¢luded in the above are
as follows:
Incomii)g
resourc¢s
Rcsollrc¢s
expcnded
Moyernent
in funds
Unr¢stri¢t¢d fund$
R¢￿enue r¢s¢rve
Designated r¢serves
4.188.798
120.000
(3.864.207)
324.591
120,000
4,3Q8,798
13,864,207)
444.591
TOTAL FUNDS
4,308,798
{3,864,2071
444,591
Flxed asset rescrve
Donations and grant5 obiaiDed for the purchase of fixed assels are relea5¢d over th¢ useful lil¢ of ihos¢ a5S¢ts.
The amount Teleased is equal io their annual depreciation char8e.
Deslgnated resf rv¢
The designaied reserves represent sums set aside by the Society's Execuiive Commilt¢¢ to financ¢ major repairs
as defined in the ac¢out]ting policies.
Pabie 21
continued...

ABBEYFIELD BALLACHLTLISH SOCIETY LIMITED
NOTES TO THE FINANCIAL STATETrIENTS- ¢onilnued
FOR THE YEAR ENDED 30 SEPTETrIBER 2024
19.
OVEMENT IN FUliDS- eontlnued
Restrleted reserves
The resiricttd resetves represeni ffijnding received 10 fmance Ihe building Cosi of the Sociery's properties.
20.
EMPLOYEE BENEFIT OBLIGATIONS
The Society operaies a defined Contribuiion pension scheme. The assets of the %heme are held separai¢ly from
those of the society in an Andependenily administered fund. Th¢ pension cosl charge rewesenis contributions
payable by the Society to the fund and amounts to £26,76412n23 £19,756).
Ineluded iti Creditors are p¢nsion Contributions owed by the Charity at 30th September 2024 of £5.537 12023
£4,652}.
21.
RELATED PARTY DISCLOSURES
There were no relaied party transocrions for the }'ear ended 30 September 2024.
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