| Page | ||||
|---|---|---|---|---|
| Trustees' Report |
||||
| Independent Examiner's |
Report | |||
| Statement of Financial |
Activity | |||
| Balance Sheet | 8-9 | |||
| Notes to the Financial Statements | 10-17 | |||
| Detailed Committee Income and Expenditure |
Account | 19 | ||
| Committee income end |
Expenditure | Accounts | 19-25 |
| Registered | Office | |
|---|---|---|
| Trent Bridge | House | |
| Beastmarket | Hill | |
| Newark | ||
| Nottinghamshire | ||
| NG24 1BN | ||
| Accountants | ||
| Hobsons CA | I imited | |
| International | House | |
| Brunel Drive |
||
| Newark | ||
| NG24 2EG | ||
| Bankers | ||
| Yorkshire Bank |
||
| 10 High Street | ||
| Grantham | ||
| NG31 SPU | ||
| Trustee Induction | and Training |
| Nate | Unrestricted | Restricted | Endowment | Totef | Total | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Fundsf | Foods | 2li26f | 2dt 2 | ||||
| Income and endowments | from: | |||||||
| Donations and legacies |
2 | 2,072 | 2,072 | 1,246 | ||||
| Charitable activities |
14,840 | 14840 | 102766 | |||||
| Other trading activities |
4 | 64,764 | 64,764 | 67,238 | ||||
| Investments | 5 | 812 | 812 | 3D1 | ||||
| Total income and | endowments | 82,488 | 82,488 | 171,551 | ||||
| Expenditure on: |
||||||||
| Raising funds | 7,324 | 7,324 | 14,481 | |||||
| Chantable activities |
12,102 | 12,102 | 86,848 | |||||
| Other | 60,975 | 73 | 5,231 | 66,279 | 71,083 | |||
| Total expenditure | 6 | 80,401 | 73 | 5,231 | 85,705 | 172,412 | ||
| Net lncomel(expenditure) | 2,D87 | (73) | (5,231) | (3,217) | (861) | |||
| Transfers between |
funds | |||||||
| Net movement in funds |
2,087 | (73) | (5,231) | (3,217) | (861) | |||
| ReconcBiation offunda | ||||||||
| Total funds brought |
forwalTI | 184,392 | 1,757 | 261,56D | 447,709 | 448,570 | ||
| Total funds carried | forward | 186,479 | 1,684 | 256,329 | 444,492 | 447,709 |
| Total | Total | ||
|---|---|---|---|
| Note | 2020 | 2019 | |
| Fixed assets | |||
| Tangible assets | 9 | 262,776 | 269,181 |
| 262,776 | 269,181 | ||
| Current assets | |||
| Stocks | 10 | 3096 | 3349 |
| Debtors | 11 | 1,391 | 4 925 |
| Cash at bank and in hand | 189,262 | 187,692 | |
| 193,749 | 195,966 | ||
| Creditors: amounts falling due within one year | 12 | 12,033 | 17,438 |
| Net current assets | 181.716 | 178,528 | |
| Total assets less current liabilities | 444,492 | 447.709 | |
| Net assets | 444,492 | 447,709 | |
| Charity fun ds | |||
| Endowment funds |
256,329 | 281,580 | |
| Restricted income funds |
14 | 1,684 | 1,757 |
| Unrestricted income funds |
186,479 | 184,392 | |
| Total charity funds | 15 | 444,492 | 447,709 |
| Analysis ofexpenditure | Rstethrt | Chsnitshte | |||
|---|---|---|---|---|---|
| funds | Activities | Other | 2D20 | 2019 | |
| f | 6 | ||||
| Direct costs | 7,324 | 12,102 | 19,426 | 101,329 | |
| Travel costs (Trustees and other) | 4,493 | 4,493 | 7.649 | ||
| Staff casts | 35,465 | 35,465 | 33,235 | ||
| Office costs | 14,360 | 14,360 | 16,945 | ||
| Support costs | 11,961 | 11,96t | 13,254 | ||
| 7,324 | 12,102 | 66,279 | 85,705 | 172,412 |
| Out of | pocket expe | nses were reimbursed to trus |
tees as follows; | ||||
|---|---|---|---|---|---|---|---|
| 2D20 | 2019 | 2020 | 2019 | ||||
| Number | Number | ||||||
| Travel | 13 | 13 | 1,557 | 5,020 | |||
| Other | 2 | 2 | 240 | 720 | |||
| '1,797 | 5,740 | ||||||
| 6 | Staff casts | 2D20 | 2019 | ||||
| Wages | and salaries | 34.436 | 32,301 | ||||
| Defined | contribution | pension costs | 1.027 | 934 | |||
| 35,4I65 | 33,235 | ||||||
| Average | number of | employees | 4 | 4 |
| 9 | Tangible fixed assets | Freehcld | Reslrlcted | |||||
|---|---|---|---|---|---|---|---|---|
| lend & | Campuier | Frlhnss d |
rued | |||||
| hulidinss f |
equipmeui f |
eqrdpmeal f |
aeeeis f |
Total f |
||||
| Cost or valuation: | ||||||||
| Opening balance |
285,000 | 6,513 | 17,713 | 2,007 | 313,233 | |||
| Additions | ||||||||
| Dieposals | ||||||||
| Closing balance | 285,000 | 8,513 | 17,713 | 2,007 | 313,233 | |||
| Accumulated depreciabon: |
||||||||
| Opening balance Charge for year |
23,440 5,231 |
7,615 489 |
11,67B 612 |
1,321 73 |
44,052 6,405 |
|||
| Eliminated on disposals |
||||||||
| Closing balance | 28,671 | 8,104 | 12,288 | 1,394 | 50,457 | |||
| Net book value at 31October 2020 | 256,329 | 409 | 5,425 | 613 | 262,776 | |||
| Net book value at 31 October 2019 | 261,580 | 898 | 6,037 | 686 | 269,181 | |||
| ln the year ended 31October 2015the land and buildings | were | valued | to market | value off285,000. | ||||
| Comparable historical cost for the land |
and buildings | included at | valuation: | |||||
| Cost: | ||||||||
| Opening and closing balance |
19,621 | |||||||
| Accumulated depreciation: |
||||||||
| Opening balance |
7.566 | |||||||
| Charge for year | 241 | |||||||
| Closing balance |
7,807 | |||||||
| Nei book value at 31 October 2020 | 11,814 | |||||||
| Net book value at 31 October 2020 | 12,055 | |||||||
| 10 | Stocks | 2020 | 2019 f |
|||||
| Goods for resale | 2,667 | 2,857 | ||||||
| Office su p pl ice | 429 | 492 | ||||||
| 3,096 | 3,349 |
| 11 | Debtors | 2020 | 2019 | |
|---|---|---|---|---|
| Due within one year: | ||||
| Trade debtors | 337 | 3,211 | ||
| Prepayrn ents | 1,054 | 1,318 | ||
| Other debtors | 396 | |||
| 1,391 | 4,925 | |||
| 12 | Creditors: amounts | falling due within one year | 2020 f |
2019 6 |
| Other creditors | 3,154 | 3,897 | ||
| Accruals | 6,204 | 5,312 | ||
| Deferred income |
2,675 | 8,229 | ||
| 12,033 | 17,438 | |||
| 13 | Deferred income |
| Income | deferred | in the current year comprises of monies | received for the purpose ofseveral charitable |
|---|---|---|---|
| events occurring | after 31 October 2020 and publications | due to be received after 31 October 2020. | |
| E | |||
| Balance | as at 1 November 2019 | 8,229 | |
| Amount | released | to incoming resources |
(8,229) |
| Amount | deferred | In year | 2,675 |
| Balance | as at 3I | October 2020 | 2,675 |
| Equipinanl | Equipment | |
|---|---|---|
| leasing | leasing | |
| 2020 | 2019 | |
| f | ||
| Within one year | 1,392 | 1,536 |
| Two to five years | 1,392 | |
| 1,392 | 2,926 |
| monies | ar | e then | p | assed on | to the projects | periodically. | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Opening | Closing | |||||||||
| Balance | lnceine | axpensee | Tran stere | Balance | ||||||
| 6 | K | |||||||||
| Denrnan | Dip | 535 | 535 | |||||||
| Barbara | Halfpenny | Memorial | Fund | 27 | (3j | 24 | ||||
| Women's | Institute | Door Mat | Fund | 32 | (4) | 28 | ||||
| Chairman's | chain | 626 | (66) | 560 | ||||||
| ACWW | Pennies | For Friends | 537 | 537 | ||||||
| 1,757 | (73) |
| Restricte | d fund b | a | lances are | represented by: |
|||
|---|---|---|---|---|---|---|---|
| Fixed | Current | ||||||
| assets | assets | Total | |||||
| Denman | Dip | 535 | 535 | ||||
| Barbara | I-lalfpenny | Memorial | Fund | 24 | 24 | ||
| Women's | Institute | Door Mat | Fund | 28 | 28 | ||
| Chairman's chain |
560 | 560 | |||||
| ACWW | Pennies | For Friends | 537 | 537 | |||
| 612 | 1,072 | 1,684 |
| Analysis | ofnet assets betureen funds | ||||
|---|---|---|---|---|---|
| Fixed | Current | ||||
| asseta | assets | Liabilities | Total | ||
| 6 | |||||
| Endowment | funds | 258,329 | - | — | 256,329 |
| Restricted | funds | 612 | 1,072 | - | 1.684 |
| Unrestricted | funds | 5,835 | 192,677 | (12,033) | 186,479 |
| 262,776 | 193,749 | 12,033 | 444,492 |
| 2020 | 2019 | |
|---|---|---|
| E | ||
| INCOME | ||
| Affihation fees | 34,768 | 39,868 |
| Investment income |
812 | 301 |
| Government grants |
13,808 | |
| 49,388 | 40,169 | |
| COMMITTEE INCOME |
||
| Agricultural shows |
134 | 3,822 |
| Creative arts | (49) | 852 |
| Trustees | 1,016 | 5,508 |
| Cookery and crafts | 553 | 2,491 |
| Homblower | 4,512 | 5,399 |
| Wl support team |
1,536 | (1,881) |
| Wl shop Sports and leisure Miscellaneous |
820 837 (660) |
3,822 2,697 (151) |
| 8,699 | 22,559 | |
| 58,087 | 62,728 | |
| EXPENDITURE | ||
| General office expenditure | (56,000) | (58,024) |
| Restricted fund income/(payment) | (73) | (227) |
| Endowment fund income/(payment) |
(5,231 ) | (5,338) |
| SURPLUS / (DEFICIT) fNCDME OVER EXPENDITURE | ~3,217) | (861) |
| AGRICULTURAL SHOWS | AGRICULTURAL SHOWS | AGRICULTURAL SHOWS | 2020 f |
f | 2019 | f |
|---|---|---|---|---|---|---|
| income | ||||||
| County event | (352) | 3,546 | ||||
| Afternoon tea |
806 | |||||
| Ladies luxuries | 997 | |||||
| 454 | ||||||
| Expenditure | ||||||
| Sub-committee | travel and expenses | 320 | 721 | |||
| 320 | 721 | |||||
| EXCESSOF INCOME | OVER EXPENDITURE | 134 | 3,322 | |||
| CREATIVE ARTS | ||||||
| Income | ||||||
| Sru ah paint | 56 | |||||
| Celebration of |
Christmas | 23 | 510 | |||
| Creative writing | 96 | |||||
| Encaustic arts | 30 | |||||
| Gallery tour | (6) | |||||
| Ivtosaic | ||||||
| Murder mystery | 267 | |||||
| Nottingham Playhouse |
tour | (85) | ||||
| Play reading | 20 | |||||
| Sing for fun | 133 | |||||
| Steelpan drumming |
205 | |||||
| Spare Part | 24 | |||||
| 219 | 1.231 | |||||
| Expenditure | ||||||
| Sub-committee | travel and expenses | 268 | 379 | |||
| 268 | 379 | |||||
| EXCESSOF INCOME OVER EXPENDITURE | 852 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| TRUSTEES | f | f | f | ||
| fncorne | |||||
| 50/50 club | 950 | ||||
| Apple day | (29) | ||||
| Archive day | (118) | (128) | |||
| Bulb scheme | 600 | ||||
| Burns | 1,437 | 1,420 | |||
| Centenary events |
(95) | ||||
| Christmas at the house |
756 | ||||
| Cocktails at the house | 465 | ||||
| County lunch | 514 | ||||
| County quiz | 621 | ||||
| Oenman | 500 | 342 | |||
| Federation holiday |
(50) | 125 | |||
| GSK Visit | 288 | ||||
| Harvest lunch | 1,048 | ||||
| Hire of river room | 45 | 232 | |||
| Literary lunch | (23) | 1,151 | |||
| Prize draw | 381 | 954 | |||
| Raffle from National | 423 | ||||
| Resolutions | 12 | 75 | |||
| Yearbook and adverts/Spea | kers list | (1) | 362 | ||
| Zoom events | 20 | ||||
| Prior year income/expenses | 278 | 48 | |||
| 3,719 | 9,750 | ||||
| Expenditure | |||||
| Committee travel and expenses |
2,703 | 4,242 | |||
| 2,703 | 4,242 | ||||
| EXCESSOF INCOME OVER EXPENDITURE | 1,016 | 5,508 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| COOKERY AND | CRAFTS | E | E | ||
| Income | |||||
| Bobbin lace | 10 | ||||
| Craft 8 chat | 11 | 250 | |||
| Crafty Christmas | raffle | 200 | |||
| Christmas crafts |
(420) | ||||
| Christmas wreath |
159 | ||||
| Flower arranging | (40) | ||||
| Garden days | 640 | ||||
| Horne for Christmas | 782 | ||||
| Jane Lighffoot covrsas | 360 | 60 | |||
| Lynne Carter | 561 | 248 | |||
| Petch craft sale | 70 | 400 | |||
| Wirework | 109 | ||||
| Welbeck cookery | (12) | 238 | |||
| 2,887 | |||||
| Expenditure | |||||
| Svb-committee | travel and expenses | 186 | 396 | ||
| 188 | |||||
| EXCESSOF INCOME OVER EXPENDITURE | 553 | 2,491 | |||
| HORNBLOWER | AND ENCLOSURES | ||||
| Income | |||||
| I-landling charge | and advertising | 45 | 625 | ||
| Postage | 1,305 | 2,368 | |||
| Svbscripbons | 7.135 | 10,213 | |||
| Donations | 30 | ||||
| 8,485 | 13,234 | ||||
| Expenditure | |||||
| Committee travel |
90 | ||||
| Printing | 3,919 | 7,745 | |||
| 3,973 | 7.835 | ||||
| EXCESSOF INCOME OVER EXPENDITURE | 4,512 | 5,399 |
| 202D | 2D19 | |||||
|---|---|---|---|---|---|---|
| Wl SUPPORT TEAM | f | f | f | |||
| Income | ||||||
| Ch ease and wine | (48) | |||||
| Mem her services | (12) | 326 | ||||
| Presidents and secretaries |
workshops | 617 | ||||
| Problem Solving |
(33) | |||||
| Programme planning |
222 | |||||
| Sus pens ion s | 2,138 | |||||
| Treasurer workshop |
||||||
| 2,74 | 811 | |||||
| Expenditure | ||||||
| Sub committee travel and expenses |
1,207 | 2,692 | ||||
| 1,207 | 2,692 | |||||
| DEFICIT OF INCOME | OVER EXPENDITURE | 1,536 | 1,881) | |||
| WISHOP | ||||||
| Income | ||||||
| Diaries sold | 13 | 1,664 | ||||
| Literature and supplies |
sold | 1,920 | 7,818 | |||
| Artisan fair | 903 | |||||
| Quiz book | (122) | |||||
| We dig at the castle | 1,157 | |||||
| 2,714 | 10,639 | |||||
| Expenditure | ||||||
| Stock as at 1 November | 2,867 | 2.489 | ||||
| Purchases of di ance |
1,525 | |||||
| Purchases of literature |
and | supplies | 1,404 | 4,734 | ||
| Subcommittee b'avel and expenses |
300 | 926 | ||||
| 4,561 | 9,674 | |||||
| Less stock as at 31 October | (2,667) | (2,857) | ||||
| 1,894 | 6,817 | |||||
| EXCESSOF INCOME | OVER EXPENDITURE | 820 | 3,822 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| SPORTS AND | LEISURE | 6 | 6 | ||
| income | |||||
| AEGON Open Bingo |
Tennis | 510 | (12) 392 |
||
| Bridge Chair exercise |
(42) | 746 20 |
|||
| Croquet | 85 | ||||
| Darts | 70 | 35 | |||
| Darts league | 161 | ||||
| Dogs | 214 | ||||
| Kurling competition | (50) | 210 | |||
| Kurling hire |
180 | 442 | |||
| Notttngham | Panthers | 37 | |||
| Rafting | 21 | ||||
| Rummikub | 87 | 342 | |||
| Scrabble | 60 | ||||
| Triple target | 144 | ||||
| T20 Cricket | 172 | ||||
| Whist | 105 | 115 | |||
| 957 | 3,087 | ||||
| Expenditure | |||||
| Sub-committee | trave! and expenses | 120 | |||
| 120 | |||||
| EXCESSOF | INCOME OVER EXPENDITURE | 837 | 2697, |
| MISCELLANEOUS | MISCELLANEOUS | MISCELLANEOUS | f | 2020 f |
f | 2019 f |
|---|---|---|---|---|---|---|
| Income | ||||||
| Annual | Meeting | (5t) | 6,608 | |||
| Annual | federation | meeting | 1,673 | 4,927 | ||
| Autumn | meeting | 5,106 | ||||
| Donations | 2,072 | 1,21 6 | ||||
| 3,694 | 17,855 | |||||
| Expenditure | ||||||
| Annual | meeting | 1,074 | 6,775 | |||
| Annual | federation | meeting | 2,230 | 7,223 | ||
| Autumn | meeting | 2,528 | ||||
| National | council | 592 | ||||
| Chairman's chain |
engraving | 888 | ||||
| Donations | 700 | |||||
| Training | 350 | |||||
| 4,354 | 18,008 | |||||
| EXCESSOF INCOME OVER EXPENDITURE | ~~660 | 51) |
| 2020 | 2D19 | |||
|---|---|---|---|---|
| E | ||||
| Wages | 35,465 | 33,235 | ||
| Council tax | 655 | 1,394 | ||
| Water rates | 662 | 818 | ||
| Light and | heat | 2,060 | 2,70D | |
| Insurance | 106 | 113 | ||
| Repairs | 1,802 | 2,969 | ||
| Sfationery | 2,047 | 2,006 | ||
| Postage | 2,2IBO | 2,694 | ||
| Telephone | 1,081 | 970 | ||
| Equipment | hire | 1,410 | 1.409 | |
| Accountancy | and book keeping | 5,542 | 6,620 | |
| Professional | fees | 48 | 13 | |
| Cleaning | (wage 8 materials) | 1,751 | 1,733 | |
| 8undries | 9 | 140 | ||
| Depreciation | 1,102 | 1,210 | ||
| TOTAL | 56,000 | 58,024 |