Registered number: 02758129
## **THE NOTTINGHAMSHIRE FEDERATION OF WOMEN'S INSTITUTES DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025**
Tom Geraghty & Associates Chartered Accountants and Business Advisors 38 North Gate Newark NG24 1EZ
**The Nottinghamshire Federation Of Women's Institutes Contents**
||**Page**|
|---|---|
|Company Information|1|
|Directors' Report|2|
|Trustees’ Report|3|
|Accountant's Report|4|
|Income and Expenditure Account|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7—8|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|9—10|
**The Nottinghamshire Federation Of Women's Institutes Company Information For The Year Ended 31 October 2025**
|**Directors**|Ms Helen Ainley|
|---|---|
||Ms Beryl Northcote|
||Dr Helen Rose|
||Ms Beverley Stuart|
||Ms Deb Jones|
||Ms Heidi Platts|
||Ms Julia Fiddian|
||Ms Christine Clark|
|**Secretary**|Ms Susan Sanderson|
|**Company Number**|02758129|
|**Registered Office**|38 North Gate|
||Newark|
||NG24 1EZ|
|**Accountants**|Tom Geraghty & Associates|
||Chartered Accountants and Business Advisors|
||38 North Gate|
||Newark|
||NG24 1EZ|
Page 1
**The Nottinghamshire Federation Of Women's Institutes Charity No. 1015139 Directors' Report For The Year Ended 31 October 2025**
The directors present their report and the financial statements for the year ended 31 October 2025.
## **Directors**
The directors who held office during the year were as follows:
Ms Jennifer Bailey Resigned 14/06/2025 Ms Helen Ainley Ms Patricia Freeman Resigned 14/06/2025 Ms Beryl Northcote Ms Suzanne Plamping Resigned 30/03/2025 Ms Wendy Richardson Resigned 14/06/2025 Dr Helen Rose Ms Beverley Stuart Ms Elaine Maiden Resigned 14/06/2025 Ms Deb Jones Appointed 14/06/2025 Ms Heidi Platts Appointed 14/06/2025 Ms Julia Fiddian Appointed 14/06/2025 Ms Christine Clark Appointed 14/06/2025
## **Statement of Directors' Responsibilities**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. On behalf of the board
## 29 Jan 2026
Helen Ainley Director 31/12/2025
Page 2
**The Nottinghamshire Federation Of Women's Institutes Charity No. 1015139 For The Year Ended 31 October 2025**
## **TAR REPORT 2025**
In April 2025 the Federation headquarters at Trent Bridge House was sold and an agreement was made with the new owners to rent the ground floor.
The Trustees also decided to: alternate between virtual and physical team meetings; provide a remote office facility and rent storage for equipment using occasional meeting rooms.
Staffing levels have been reduced from 3 to 1, with support staff taking redundancy in the summer and the Federation Secretary working from home. Some tasks have been redistributed to trustees.
The Nottinghamshire Federation of Women’s Institutes is an Incorporated Charity. Members voted to accept the new Articles of Association at the Annual Meeting in June 2025. At the Annual Meeting the new board of 8 Trustees was elected from the membership.
The Board of Trustees and members of the four Teams continued to provide women with educational opportunities and the chance to build new skills, take part in a wide variety of activities, and to campaign on issues that matter to them and their communities.
Activities included WI Committee training, craft skills, sporting activities and campaigning on environmental issues. The Trustees have hosted lunches with a variety of speakers. The WI advisers’ new initiative has been the Coffee and Chat events around the County, sometimes with themed demonstrations but essentially to share good practice in a relaxed setting.
Creative Activities continue to provide opportunities and classes enhancing or introducing new skills; similarly, the Sports and Leisure team, including their open Bridge Day.
The Communications team put on an environmental display and competition in a local library, plus on-line talks. The Trustees have policies in place and adopt new ones from National office where appropriate.
The two Chairmen, over the year, both completed Safeguarding training.
Notts WI has a reserves policy but, in light of the sale of Trent Bridge House, this needs revisiting during the forthcoming year.
The money from the sale of Trent Bridge House, which will be reviewed annually, is to be invested for the benefit of its members and to provide further educational opportunities for women.
Page 3
## **The Nottinghamshire Federation Of Women's Institutes Accountant's Report For The Year Ended 31 October 2025**
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 October 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
## Tom Geraghty
## 29 Jan 2026
Tom Geraghty 31/12/2025 Tom Geraghty & Associates Chartered Accountants and Business Advisors 38 North Gate Newark NG24 1EZ
## **The Nottinghamshire Federation Of Women's Institutes Income and Expenditure Account For The Year Ended 31 October 2025**
|**Notes**
**TURNOVER**
Cost of sales
**GROSS SURPLUS**
Administrative expenses
**OPERATING (DEFICIT)/SURPLUS**
Deficit on disposal of fixed assets
Other interest receivable and similar income
(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR
The notes on pages 6 to 7 form part of these financial statements.|**2025**
**£**
**85,584**
(25,648 )
**59,936**
(70,276 )
**(10,340 )**
(49,019 )
5,875
(53,484 )|**2024**
**£**
**100,275**
(27,728 )|
|---|---|---|
|||**72,547**
(70,068 )|
|||**2,479**
-
3,057|
|||5,536|
||||
Page 5
## **The Nottinghamshire Federation Of Women's Institutes Balance Sheet As At 31 October 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**4**
**CURRENT ASSETS**
Stocks
**5**
Debtors
**6**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**7**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**RESERVES**
Revaluation reserve
**8**
Restricted Funds
Unrestricted Finds
**8**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2025**
**£**
**£**
3,886
**3,886**
83
1,587
436,781
**438,451**
**(13,687 )**
**424,764**
**428,650**
**428,650**
-
720
384,077
43,853
**428,650**|**2025**
**£**
**£**
3,886
**3,886**
83
1,587
436,781
**438,451**
**(13,687 )**
**424,764**
**428,650**
**428,650**
-
720
384,077
43,853
**428,650**|**2024**
**£**
**£**
368,490
**368,490**
539
221
132,706
**133,466**
**(19,822 )**
**113,644**
**482,134**
**482,134**
123,822
720
384,077
(26,485 )
**482,134**|**2024**
**£**
**£**
368,490
**368,490**
539
221
132,706
**133,466**
**(19,822 )**
**113,644**
**482,134**
**482,134**
123,822
720
384,077
(26,485 )
**482,134**|
|---|---|---|---|---|
|||**3,886**
**424,764**||**368,490**
**113,644**|
||**438,451**
**(13,687 )**||**133,466**
**(19,822 )**||
||||
||
|||**428,650**||**482,134**|
|||**428,650**||**482,134**|
|||-
720
384,077
43,853||123,822
720
384,077
(26,485 )|
|||**428,650**||**482,134**|
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
## 29 Jan 2026
Helen Ainley Director
31/12/2025
The notes on pages 6 to 7 form part of these financial statements.
Page 6
**The Nottinghamshire Federation Of Women's Institutes Notes to the Financial Statements For The Year Ended 31 October 2025**
## **1. General Information**
The Nottinghamshire Federation Of Women's Institutes is a private company, limited by guarantee, incorporated in England & Wales, registered number 02758129 . The registered office is 38 North Gate, Newark, NG24 1EZ.
## **2. Accounting Policies**
## **2.1. Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
## **2.2. Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## **2.3. Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Chain of Office No depreciation charged Fixtures & Fittings 15% Reducing balance Computer Equipment 12.5% Straightline
## **2.4. Stocks and Work in Progress**
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-inprogress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
## **3. Average Number of Employees**
Average number of employees, including directors, during the year was: 10 (2024: 12)
## **4. Tangible Assets**
|**.** **Tangible Assets**||||||
|---|---|---|---|---|---|
|**Cost**
As at 1 November 2024
Additions
Disposals
As at 31 October 2025|**Land &**
**Property**
**Freehold**
**£**
370,000
-
(370,000 )|**Chain of**
**Office**
**£**
2,622
-
-|**Fixtures &**
**Fittings**
**£**
6,087
-
-|**Computer**
**Equipment**
**£**
-
891
-|**Total**
**£**
378,709
891
(370,000 )
9,600
...CONTINUED|
||-|
2,622|
6,087|
891||
|||||||
Page 7
## **The Nottinghamshire Federation Of Women's Institutes Notes to the Financial Statements (continued) For The Year Ended 31 October 2025**
|**Depreciation**
As at 1 November 2024
4,933
Provided during the period
-
Disposals
(4,933 )
As at 31 October 2025
-
**Net Book Value**
As at 31 October 2025
-
As at 1 November 2024
365,067
**5.** **Stocks**
Stock
**6.** **Debtors**
**Due within one year**
Other debtors
**7.** **Creditors: Amounts Falling Due Within One Year**
Trade creditors
Suspension Funds
Other creditors
**8.** **Reserves**
As at 1 November 2024
Deficit for year
Other comprehensive income (expense) type A
Other comprehensive income for the year
Total comprehensive income for the year
Transfer to/from Income & Expenditure Account
As at 31 October 2025|4,933
-
(4,933 )|
1,311
-
-|
3,975
317
-|
3,975
317
-|
-
111
-|
10,219
428
(4,933 )|
|---|---|---|---|---|---|---|
||-|
1,311|
4,292||
111|
5,714|
||-|
1,311|
1,795||
780|
3,886|
||365,067|
1,311|
2,112||
-|
368,490|
|||**Revaluation**
**reserve**
**£**
123,822
-|**Restricted**
**Funds**
**£**
720
-||**2025**
**£**
83
**2025**
**£**
1,587
**2025**
**£**
1
11,601
2,085
13,687
**Unrestricted**
**Finds**
**£**
384,077
-|**2024**
**£**
539|
|||||||**2024**
**£**
221|
|||||||**2024**
**£**
(1 )
8,950
10,873|
|||||||19,822|
|||||||
**Income and**
**Expenditure**
**Account**
**£**
(26,485 )
(53,484)|
|||-|
-||
-|
123,822|
|||-|
-||
-|
123,822|
|||-|
-||
-|
70,338|
|||(123,822 )|
-||
-|
-|
|||-|
720||
384,077|
43,853|
## **9. Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 8
## **The Nottinghamshire Federation Of Women's Institutes Detailed Income and Expenditure Account For The Year Ended 31 October 2025**
|**TURNOVER**
Subscription donations
Various Clubs: Sales
Communications Team: Sales
Creative Activities: Sales
Sundry: Sales
Sports & Leisure: Sales
Trustees: Sales
WI Support Team: Sales
**COST OF SALES**
Opening stock and work in progress
Communications Team: Cost of service provided
Sports/Leisure: Cost of service provided
Trustees: Cost of service provided
Creative activities: Cost of service provided
WI Support Team: Cost of service provided
Various Clubs: Cost of service provided
Closing stock and work in progress
GROSS SURPLUS
**Administrative Expenses**
Wages and salaries
Employers pensions - defined contributions scheme
Rent
Rates
Light and heat
Water rates
Repairs and maintenance
Cleaning
Computer software costs
Insurance
Printing, postage and stationery
Telecommunications and data costs
Accountancy fees
Legal fees
Professional fees
Subscriptions
Bookkeeping fees|**2025**
**£**
**£**
45,866
2,154
2,521
1,882
3,665
5,692
23,563
241
85,584
539
2,521
2,605
16,012
3,415
634
5
(83 )
(25,648 )
59,936
39,340
379
7,399
1,378
3,158
216
4,233
683
534
2,555
3,098
1,771
1,320
-
2,697
186
627|**2025**
**£**
**£**
45,866
2,154
2,521
1,882
3,665
5,692
23,563
241
85,584
539
2,521
2,605
16,012
3,415
634
5
(83 )
(25,648 )
59,936
39,340
379
7,399
1,378
3,158
216
4,233
683
534
2,555
3,098
1,771
1,320
-
2,697
186
627|**2024**
**£**
**£**
47,492
2,725
2,672
4,312
445
8,173
29,287
5,169
100,275
2,047
150
4,338
11,388
2,892
865
6,587
(539 )
(27,728 )
72,547
40,111
-
-
1,653
1,721
72
9,629
784
-
3,547
5,449
1,501
1,718
1,485
518
171
-
...CONTINUED|
|---|---|---|---|
|||85,584
(25,648 )||
||39,340
379
7,399
1,378
3,158
216
4,233
683
534
2,555
3,098
1,771
1,320
-
2,697
186
627||
40,111
-
-
1,653
1,721
72
9,629
784
-
3,547
5,449
1,501
1,718
1,485
518
171
-|
|||59,936
||
Page 9
## **The Nottinghamshire Federation Of Women's Institutes Detailed Income and Expenditure Account (continued) For The Year Ended 31 October 2025**
|Bank charges
Depreciation
Sundry expenses
**OPERATING (DEFICIT)/SURPLUS**
Deficit on disposal of tangible fixed assets
**Other interest receivable and similar income**
Bank interest receivable
(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR|45
428
229|
(70,276 )|3
373
1,333|
(70,068 )|
|---|---|---|---|---|
||(49,019)||
-||
|||**(10,340)**
(49,019)
5,875||**2,479**
-
3,057|
||5,875||
3,057||
||||
||
|||(53,484 )||5,536|
Page 10