WEST YORKSHIRE FEDERATION OF WOMEN’S INSTITUTES Rodley Business Centre, 164/166 Town Street, Rodley, Leeds LS13 1HP Charity No. 1017012 Incorporated in England and Wales as a Company Limited by Guarantee No. 2737120 ## **BOARD OF TRUSTEES - (ex-officio on all Teams)** ## **Officers** |Chair Tracey Lewis||Chair of the Membership Support Team, member of the| |---|---|---| |Appointed May 2021||Events Team, Health & Safety Team & WI Adviser| |Honorary Treasurer– Sandra Dennis||Events Team, Membership Support Team & WI Adviser| |Appointed May 2021||| |Senior Vice Chair – Helen Cox||Events Team, Resolutions Co-ordinator, Health & Safety| |Appointed May 2019||Officer & WI Adviser| |Vice Chair – Christine Tall||Climate Change Lead for West Yorkshire Safeguarding| |Appointed May 2021||Lead & Events Team| ||**Board Members**|| |Keeley Hawkins||Member of the Events Team| |Appointed April 2023||| |Liz Whitehead||Member of the Events Team| |Appointed April 2024||| |Pauline Gardiner||Board Member| |Appointed April 2024||| |Bernadette Busby||Board Member and 50/50 coordinator| |Appointed April 2024||| |Lily King||Board Member| |Co-Opted December 2024||| ## **Resignations from the Board** Helena Harrington – resigned April 2024 Heather Ross – resigned April 2024 **Non-Board Sub-Team Chair** Helena Harrington – Events Team Chair ## **Non-Board Federation Archivist** Sue Plant **Office Staff** Federation Secretary Elizabeth Walley Finance and Admin Secretary Alice Poon ## **2024 ANNUAL REPORT** 1 ## **CHAIRS ANNUAL REPORT – TRACEY LEWIS** This is my first annual report as Chair of the West Yorkshire Federation of WIs. A position I was honoured to be asked to take on following our Annual Meeting last April. I had been covering the role on an interim basis for 6 months prior and it was heartening to know my fellow trustees felt I should continue in the role. 2024 has been a challenging year – many WIs were dissatisfied with the Federation (and National) and were loudly voicing this and, in particular, questioning why a Federation was needed as they could run themselves without any input needed from other levels of the WI organization. Prior to the Annual Meeting in April this had been discussed by the Board of Trustees and we recognized that changes needed to be made otherwise we were in danger of ‘going under’ and having to merge with another Federation, losing our West Yorkshire identity. Not something we wanted to happen. The Annual Meeting in April was to be our starting point – a new board was being elected and both myself and the Honorary Treasurer, Sandra, were honest with members as to where we were and what could happen if things didn’t change dramatically and quickly. When you only have an audience of 180 members out of a membership of just short of 3000, you can tell how disillusioned members were. Whatever we said must have touched a chord as we had requests to come and observe board and sub team meetings by the end of the day and we left the Annual Meeting hopeful that with hard work we could turn things around and get members on board. The Board of Trustees have made some bold decisions – the first one being to change the venue of the Annual Meeting and the day it was held. Next year the meeting will be held on a Saturday in the centre of Leeds. We are hoping the changing of day will enable more of our working members to attend and a central venue will suit as good access via car, bus or train. The Board are putting in a lot of work to make this a day of celebration for members. Another bold decision is the announcement that we are looking for alternative office premises. The current office has had its issues for a while and is not very accessible with limited parking and difficulties once you get inside. Members are reluctant to attend meetings / workshops there and the office facilities for Liz and Alice need improving. We know what we would like and know there is office space out there that will help us make some monetary savings; however, we are taking our time to make sure we make the right decision as the building needs to be ‘fit for the future’ and last for some considerable time. I would like to thank the Board of Trustees – Sandra Dennis (Honorary Treasurer), Helen Cox & Christine Tall (Vice Chairs), Keeley Hawkins, Bernadette Busby, Liz 2 Whitehead and Pauline Gardiner for their support and their willingness to accept and embrace the idea that change was needed. Sandra in particular has become used to my calls with my opening gambit being….” I’ve had an idea.” We merged most of the sub-teams into one large events team earlier this year and we have had a wonderful diverse programme of events on offer for members. We are now starting to see great support from members. It is encouraging to see members from WIs coming to events for the first time and experiencing what we can offer as additional support and resources for their members. We have taken events out and about West Yorkshire to encourage members to attend, covering a broad spectrum from crafting workshops to axe throwing and archery with plenty of zoom offerings. The calendar for next year is now complete and ready to release to members and there is something for everyone from empowering talks, craft workshops and look out for our murder mystery night next October – also look out for our 3 for 2 zoom offers and our early bird offers. My thanks go to the events team, headed by Helena Harrington, for the enthusiasm and work that has gone into the ideas this year and the plans already in place for 2025. The membership team have also been busy, however due to only having 3 trained advisers, we have struggled to visit WIs as often as we like to do. We set up a generic email group so we could handle any queries, and this has worked well. I am pleased to say we may double the number of advisers by the end of the year so we can resume our visits and be able to offer more support. Now we just need more FIFE volunteers!! Thank you Sandra Dennis and Helena Harrington for everything you do to support our WIs and Helena Harrington and Sue Waring for the work you both do as FIFE’s. I would also like to extend my thanks to both Liz and Alice who work tirelessly in the office, providing support and dealing with event bookings and of course producing the WYN every month. It is great to see so many WIs sending in photos and reports of events they have been involved with. We try & include as many as possible each month but occasionally need to carry over to the next month so don’t worry if you don’t see you feature straight away. I have been especially pleased for those WIs who have featured in the WI Life magazine – not an easy feat when you are competing with so many other WIs. Please make sure your WI receives the (e)WYN as it’s a great resource to highlight events being offered by the Federation. Some WIs have been so quick off the mark, some events have sold out within hours of being advertised. 3 This summer I was able to ‘tick off’ an item on my bucket list when I attended the National Annual Meeting at The Royal Albert Hall in London. As this meeting will only be held as a face-to-face event every 3 years, it was especially uplifting to share this event with a coach load of West Yorkshire WI ladies. 4000 plus all singing Jerusalem brings a lump in the throat moment every time. Excellent, thought-provoking speakers made for some lively chat on the way back to the hotel. Sandra Dennis and I attended the National Council meeting at the beginning of November. My first council meeting and Sandra’s last as she is stepping down as Honorary Treasurer next April (although staying on the board as a trustee). Lots of food for thought but good to realize we were ahead of the game in making bold decisions to secure our future. All in all, a challenging year however we are ending 2024 on some positive notes – 76 thriving WIs, over 3000 members, events at Federation selling out with waiting lists in case places become available and a lot to look forward to in 2025. 4 ## **HONORARY TREASURERS REPORT – SANDRA DENNIS** As I do every year I must start by paying tribute to Federation Secretary, Liz Walley and Finance Secretary, Alice Poon, I couldn’t carry out the role without them. Without them the role of honorary treasurer would be a full-time job and not one I would be prepared or willing to do. This is my last report as your Honorary Treasurer, I am stepping down from this role in April 2025 I am thrilled to say someone has stepped up to take over from me. I will, however, be staying on the Board as a Trustee and will remain on the Events Team and Membership Support Team so you aren’t getting rid of me! Thanks to your support of WYFWI events, your generous fundraising on our behalf and your donations we have made it to the end of the year without touching our savings. Two years on the trot which is fantastic. Thank you to everyone who has registered with Easyfundraising.com If you do any shopping online please register and choose West Yorkshire Federation as your charity. We get donations at no extra cost to you. If you do the NFWI Lottery we also get a few pence from that. We are still holding Team meetings on Zoom, thus cutting down on expenses claims. Only three Board meetings are held face to face. Our Events Team have organised a range of events and workshops and it’s brilliant when these sell out. Please support our Zoom talks, you don’t have to leave home and far more interactive than sitting in front of your tv and you can still knit or crochet while you watch and listen. We continue to hold four accounts with COIF (Charitable Organisations Investment Fund) for a general fund that supports the bank account. A second account that holds money that we cannot touch as it is for event deposits. The third COIF account is for money we are holding for bursaries so has a specific purpose. The fourth holds money from WI’s that have suspended. We have to hold this money for three years. If the WI reforms within those three years the money returns to them. We also have some money in an investment account with St. James Place this is our rainy-day fund. Our accounting system QuickBooks is working well, Alice and I are learning all the time. WYCAS (West Yorkshire Community Accounting Service) our accountants, continue to support us. WYCAS will be auditing the 2024 accounts in January 2025. 5 We use online banking to both receive and make payments. This is saving on the use of cheques, envelopes and more importantly stamps! The cost of stamps now is astronomical! Please could Institutes or individuals who pay by BACS put a reference and/or email the office to give information about the payment so that we know where to allocate it. Any paperwork can follow later. Trying to track down payments with no reference takes up quite a lot of time. We are continuing to save on expenditure where we can. Liz works hard at looking at contracts and getting us the best deal. We have renewed the Zoom licence at a considerable discount due to the fact that we are a charity. We continue to try to be as paper free as possible, saving on photocopy costs, electricity, paper and postage. Not to mention saving trees and caring for the environment. As you know we are also looking to move office. This should lead to better working conditions for our staff, better accessibility for you, our members and fingers crossed should save us some money as we are looking for serviced accommodation where the utility bills are included in the rent. Thanks again to Liz and Alice who work so hard to support me and do all the day to day financial work, I am definitely an ‘honorary’ treasurer. My sincere thanks go to my fellow trustees who are so supportive and I know they will support my successor as she settles into the role. But the biggest thank you, must go to you, our WI members who support our events, and recruit new members and give your time for free to help us out. Without you there would be no point to the Federation being here! Remember the Federation is yours, the members, it is not the Board’s or the subgroups, it is yours. It is part of your WI membership and can enhance your WI experience. We are one big team. I have made so many good friends by being involved with the West Yorkshire Federation and you could too. 6 The West Yorkshire Federation of Women's Institutes arity number 1017012 A company limitoj by guarant￿ Thjmber 027371X) Annual Report and Financial Statements for the year ended 31 December 2024 WEST YORKSHIRE WYCAS The West yO￿shIra Foderation of Women's Institutes Annual Report and Financial Statements for the year ended 31 December 2024 Contents Page Trustees. rewrt 2to4 Examinerfs rewrt Stslement of financial actpirties Balance sheet Notes lo the accounts 8t014 Prepared by West Yorkshire ConNnunity Accountancy Service CIO Trusta8s' r@port for th• ￿ar and￿ 31 Doe￿ib￿r 2024 Reference administr*ive delaAs of the ¢harty, its trustees and advisors Itustees duriru the [inar￿la1 year upto arwj inchjding ttE tste re[￿rt aFprovecl were Mame Position Sandra Denn's Treasurer klealher Ross Tra￿Y Lewis Helena Harriwon Helen Cox ChristirE Tall Keeley Hawkir E IEdLEth WhtetrEad Joan Busty Pauline GardirEr Lity Kiru Resi￿ed 16th April 2024 Cfpir Res￿￿￿ 16th Awil 2024 V￿e Cha'r V￿e Chai A￿1[rted 16th AJil 2024 AFP)inted 16th AJil 2024 Apy)Inted 1Sth AJil 2024 Arv>irted 10M EkremtrEr 2D24 Chartynumber 101/012 RegIst￿e¢ In ErvJlana and Wales onyarynumber 02131120 Regislered In ErvJland and Wales Regi5tsred ar￿ principal address Rodley 8u&ness Centre 164- 166 Tow'n Street Rodley Leeik LS13 1 HP 8anker5 Virgin Klorey Waver Green Puttsey LS28 Investr￿￿t Managers S". Jatne5'5 Pl￿e Weamh ManagerTE st James's Pl￿e House 1 Tetbury Rc>ad ci[en￿ster Gk)uce5teishre GL7 1FP Independent examlner S mon Poslrom FCIE West Yorkshire ComrTwnityAccountancy Service CIO .riwer House 34 Lupton Street Leed5 LS10￿w structure. governance and mmgemènt TkE chaiity Is a corrpany limitej ty guatanlee arKI was forTned on 4 A￿Ust 1992. It is goverrEd ty a memrarthm and artic￿8 ol association amended tw srecial resolutk)n dated 12 Ar4712021 rre Iiabilty of the ￿eM￿ErS in trE ￿ent of comr%iry I￿1r@ W0￿d ￿ Is linrt￿ to a surn not exceedirg £1 Method of recrultn*nt and appolntment of trustees ThE tILELees ol the GhaiiLy are a150 Ihe (threctD15 IDI IkE com￿ry law and are app)inted the rner￿￿rs at the AGM The West yo￿shir8 Federation of Women's Institutes Trustees. report (continued) for the year ended 31 December 2024 Oblectlves acllvitles The charrws objects To further ItrE pjrpjses of W0￿Erf$ Instrtute MoverrEnt. The chartws main act￿lt￿S To imwove develop and a¢JvarrE edl￿ation for all 4K)men. to g￿,en cFporturity d %vorkirvJ together through our organisalion pthiru into ￿￿tice ItrK>se IL*as for ¥thich It stsnts- truth, justice. t0￿ranGe and fellowship TkE VVI exists lo e￿￿ate women lo enable lo pr(he an effectNe rok in tre c£mmunrty to èxpa.Id their fonZ￿S to deveknp and rmss w Irryjtart thi Public benefit Slatw￿nt In setting our objectives and ￿a￿1r￿J our 2LtNrties our tr￿tee5 have gNen serious consideration to the Charity Commtssittn's ￿rtIal g￿an¢t on I￿rIt in ￿nICUlar trt a(1va￿enErt of education for rren anl girts Achievements and performance We h3rfe lun ￿anY everrt5 th15 yeai tfE5e 1rKlLN￿. A ciaft Dabb￿ Day Other craft workshws z(￿M8 talks A summer luwh Talkiry Trees event Yoikslire Water two y￿[15 to Ythrshire Water lor to￿ ofwater treatmert works What ILrks rivers SJrryBank Mi115 lour January Erpj Marrh Aclwity Day shooting, arthery and aKe thrwThJ Vve have tun e￿rrtS to SLPWrt Wl 017￿e[S.. eveniryj evert foi Wl C*tiTrr5 Vve have atten(Èd events to sp￿￿ tre wor(1 abo￿ tr* Wl arKI to re¢rLlll memtHs at.. Several U3A meeti Financial review The net Irmne for tre year was £3.788. Ir￿lJ￿1rQ rt Ir￿Orr￿ of £5,298 on Lnrestmted funds and rEt exFErvJiture cf £1,510 on lesL-￿ted fL￿d5. Reserves policy The chanty's free reserrfes, exclL*Jing fixed assets. at ts year end viere £80,758. Vve do r¥X have a lormal iesetves ryJli¢y. Hok*vei, n￿&¥we th)Id with St. James Flace would te usecl for led1r￿nc1eS, le931 fEes elc if WYM to cltEe mersE with FedeiBtion. 10 The West yo￿shir8 Federation of Women's Institutes Trustees. report (contlnued) for the y￿r ended 31 December 2024 tement of Iruslees. responsibilities The Ituslees are also the directorsfor ltre purwses of company lalvl are resForsible lor yeparing the TIu51ee5 iewrt and li* fb(E￿￿1 5taleneii15 in aoLoidarre with tre a0￿able arid UK AcGDunbng Standards. Com•ny law rEp1jir￿ to t￿￿Te finanaal for each financ￿1 year which oive a true and fair ew of slate of affairs ofthe c￿rIable Com￿nY arKJ or tf* i￿(￿nift9 resou'¢es atpl¢alion o. resources Inclthing incDme arK1 expendrture. crf cforrtat4e comrAry lor tlE year. In preparnng these firBrtial stalemert5 the tr￿tee$ are I￿1[ed to select sutsble ac£ounting Frjlicies and apFty tr*m ccThistenty', 0È6er¥e the ffethods arKI princiF4es In Charrties SORP,. make iudtFrrents arKJ eslimat* that ale reasOnaL￿e arKI ptuder* stste ivhelher ap￿1¢able UK aCc￿r*ing standards h￿e t*en fdk)we¢ subi"e¢l to any material departu￿5 sclosed explained in the finanoal statements rffjeparè ￿CoUntS on a t(￿eM basts urless t IS 1rn4rv(yh4tÈ to présumè thattt* chantsble comKerty will wttinue In otEratiorL trustees are resFK)nsiNe fo. kee￿"ng proper accourtirvJ recorcts ivhich discknse wilh reasonabk accuravrf at ary time linawial positkin ol the charitable u)mrAry and TD enatle then to ersure that the financial aCCo￿tS mFty wth the CornpEiEs Act 2006 Thry ale also les[￿SIble f[￿ saleguaidiru the a55et5 01 charity and hence for takirwJ rea50r￿b￿ sty ftx IIE wevention arKJ {ktect￿n of fra￿1 and ittegLAairties. This rep)rt has b￿￿ wepared in acCOrda￿e wrth StaterYEr* of RecoMr￿1£￿ pract￿e.. Accountiru arKI Rèrortiro tN Charrtiès (chant￿ SORP IFRS10211. in ac￿rdar￿ wrth the srÈcial provisions of thè CompanEs Act 20[￿ rdanng to small com￿r￿. Approved ty the ￿ard ol trLtstees on 1MJJ2025 Sandra Dennis ￿rusteel The West Yorf(shire Federation of Women's Institutes Independent examinerfs report to the trustees of The West Yorkshire Federation of Women's Institutes I report to the eharty trustees on my examination of Ihe account5 of the charrtable cornparry for the year ended 31 December 2024, vknich are set out on page5 6 to 14. Responsibilities and basis of report As the charitys ttustees of the charitsble CoM￿nY land also rts directors forthe wrposes of company lawl you are reSponsi￿e for the preparation of the accounts in accordance the requirements of the Companies Act 20061.the 2006 Act) Having satisfied myseff that the accounts of the charilable companyare not required to be audited under Part 16 of the 2006 Act and are eligible for independent exarninab"on, I report in respect of wny examinab.on of your charitys accounts as carried out under section 145 of the Charibes Act llhe 2011 Act'l. In carryng out my examinats.on I have follokned the Directions given bythe Charity Commission under section 145(51(bl of the 2011 Act_ Indepgndgnt 0xamin￿9 sta¢emont I have completed rny exarnination_ I confimi that no material matters have come to my attention in connection ¥￿th the examination gi￿ng me cause to believe that in any material respect.. 1 accounting re¢cfds We￿ not kept in respe¢t of the ￿MpanY as required by section 386 of the 2006 A¢t' or 2 the accounts (k) not accord %%ith those records.. or 3 the accounts th) not compty vith the a¢¢ounting requiremerts of sedion 396 of the 2006 Act other than any requirement that the accounts gNe a Irue and fair viewl vknich is not a matter Considered as part of an independent examinats"on', 4 the accounts have not been prepared in accordance ￿1th the mdhods and principle5 of the Staternent of Recommended Practice for accounb.ng and reporting by charib.es lapplicable to charits.es preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)1 I have no concerns and have come across no other matters in connection ￿1th the examinaticn to 4%hich attentiN should be dravm in this report in order lo enable a proper understanthng of the accounts to be reached. Signed". Name". Simon Bostrcyn FCIE 2410312025 West Yorkshiro ComnwnityAccowrtancy Servic• CIO stn'nger House 34 Lupton Street Leeds LS10 2QW 12 The West Yorf(shire Federation of Women's Institutes statement of Flnanclal Actlvltles (including summary income and expenditure account) for the year ended 31 December 2024 Nde5 3)24 2024 unreStnct￿j Restricted fund5 2024 Total fur¥ts 2023 Totsl lunds Incon* fTOm: Fundraising actNities Memtership fees Clar*5 Suspended InstitLrtes ank Interest Prolf( on disF(6al ol assets Total income 33,978 34,201 54,45 31,7 926 62 2,453 121 89,763 596 2,061 2,061 70.836 Expenditurè on: Salares, Ni and Ftnsiorts Cost of gerterating furyjs Rent rates and water Heat ancl light Postage Stat￿ery Photompier TeleptrorE and compLrter Tralel aThJ subsistence RepFirs ar* reneyials IncÈFendent examinathon E*preciation ot￿r expErxliture Payroll cost Trainiro COLxse¥ arK1 workshops InSura￿e Isaries Total expenditur Nel gain￿(loSses) on irNe5tments Met income I lexpenditurel Tran5fer5 lEtWee￿ lunds 14et moven*nt in funds 34,OS) 12,8ffj 7,1Z2 34,050 12,845 30,703 33.959 6,059 3,793 1,894 4,383 911 774 765 1,134 1,894 1,442 4.193 911 774 7&5 1 134 451 2.457 1.134 27 157 157 384 432 2,621 3,683 80 80 88,520 3,100 4,343 4.935 516 5298 11.5101 4.343 Fund balances broughtforward Fund balan¢es ¢arried forward 76 432 82 154 85.94? 4.112 82,154 l incomiru resource5 and resowces extRno*d L*rP￿ from conts"niir¥J ￿tIl￿￿eS. 13 The West yO￿shIra Foderation of Women's Institutes Balance sheet as at 31 December 2024 2D24 2024 2023 Urwestricled Restricted Total Total Fixed a55ets Tangitrje assets Totsl fixed a55ets 1072 1,C72 1072 1,080 Current assets stock Debtors and prepaYr￿rts Currert asset Inves-.merts sh at tsnk and in triand Total cUrr￿t ass*s 1.￿4 4,497 50,223 37.768 1.389 4,497 46.228 48.198 96,062 4112 4112 41 e80 98,104 Current liabilities: amounts falling due wthin one year Greditors and accrua s Total current liabilrbe5 13.?34 13.￿4 13,=.34 14,988 Ilet cuirent assets I Iliabilities) 8Ji.158 4112 84,870 81,074 Ilet assets 81,83D 4112 85,942 82,154 Funds Unieslricted lunds Restricted furKIs Tt)tsl funds 81,￿0 81,830 4112 85,942 76,532 4112 4112 81,83D 82,154 Fcr the year ending 31 Decernber 20241he charntstle ¢c￿waS ert￿ed to tcrn audl sed￿n 477 ofthe ccMp￿Ies 3)06 re18bng to Sr￿11 ¢trmpanie$ The members have nc* r￿ured the tharit￿ caiywlo¢tlain an accuthits k*lhe year In qllests￿ In accord&n¢e wth seclior 476 The Iruslees (who are dsoLhe dred￿S trtne Fwposes of crmp&ny lkni A"KnrNhlèty Iher respr￿sibl1￿eS for cuTrplying w*h Ihe rewirtymty)rs of the AttwiTh 10 *¢iJJnt#w rtctyds aThdltr* p￿#￿￿￿￿￿ ¢4 a¢¢¢yJnts Th¢sea¢¢Mis h8* t*en prepared * &¢¢tr¢*¢¢ Ihe to¢tllVn*S WtyJt¢l Ioltre smaii ¢thYpanies' regime and FRS 102 ieffettll¥e JaMary￿19). finawial ststerrtnts were aFvove(l * trt t￿ard of trustees ￿ 13103r2025 Sandra Dennis (Trl￿tee) 14 The West yO￿shIr0 Federation of Women's Institut Notes to the accounts for the year ended 31 December 2024 1 Accounting ￿lIC Basis of aC￿unting These acry)unts have teen FYeFered uithr hislorical cost corNerthon ivith rterns recognised al cost or tra75actian value Un￿5 OtkEtWlse Staled In r￿e￿arrt r¥Jiel51 tD ItrEse accounls. ThE"Inancial stalemerts have teei t¥erBred In accorda*e with tre StsteffEnl ol Re￿)￿MerKYed Piacli¢ AGcountiw anc RewrtiryJ Ly CharilEs wetEnng tFEir acGo[￿ts in zGcordarKe wrth tre FinanGial RewrtirE Stand8rd 8ppIIc8tle In the U< 8rKJ Repthli¢ of IrelarKt I-RS 1021 leffeclp/e 1 January 20191 nd with the Charibes Act 2011. TkE charity wrEtitutes a Fjknlic tErEfit entity as ckfined i¥ FRS 102. T￿re has been rn change to tke accourting mlicEs siwe bst year Chan￿ beEn tnade to a(xwnts for twiixjsyears Going concern The Iruslees are Sati￿led that ItrEre are m material uwtairtie5 abc￿ chartys a￿"Ity to contin￿. Incoming resources l inetsmiry r￿OurceS are Iwlu(kd in tre StatenEnt (rf Finar4al ISOFAI wfEn ¢fwrity ewmes enlrtle(I lo resoLJI(%s. If rt Is more likely than INAt tfE Iruslees will ￿￿1ve ihe resources and the monetary valLE can iE measJred wrth sLff1c￿nt reliabilry Grants and donations Grar*s arQ donations are OW IrrILK￿l in IfrE S(FA wren tre ctrorty has Ur￿dit￿nal enlidemert to the resources. he￿ gTrnts are rdatsd tr) performance arKI SFe¢ffic deliveratrjes, they are ac¢ounted for as the charity earrts tre right to cortsideffjtson ty ts tÈrforn*rMX. Expenditure and liabilities Expendrture Is rec(yJnised on an ￿C[￿l lJ3sis as a IrdlJ"lity is Ir￿L￿re￿. Liabilits'es are reCi￿nis￿ where Il Is rnore Iikay tfran not that there is a Iwjl ot consliu¢tive oLAVati￿ corrynitting the Ghaiity lo pay out the resoLrces and amourt Df trE obl1￿￿on can te me2sured wth re2sonalJe certainty Taxation As a ItE organisation LEnefits from rates relief ￿rEral￿ exempt Irom Ir￿Orr￿ tax and prtal gairts tax but r#)t firxn VAT. Irrecoverat* VAT ts ind￿d in cxtsi of t￿￿)Se rterrts to which it relates Tanglble flxed assets Tangitle-lxed asse-.s costing mre than ￿IK) are captaltsed aTh1 inclu(Èd at cost 1rdud1￿ any IncicÈntal exF￿r￿e5 acqjisition. Crted a55et5 are al the valLJE to charity on re￿pt EÈprecialion is PTOVI(*d or all ta￿lble fLKed a￿ts at rates calculaled to wrile off ItrE cost on a sliaight linè basis ovèr thèir Èxr*ctecJ LtsÈfiJ economic INÈS as 0[f￿e equipment_ 250 Fixtures and fittings- 10% rethcing telaxe Heritage assets- nil Pensions cl￿rIty OFEffttes 2 (tefirEd contritxjtson scr￿ for of Its emrl(ws costs of contnbulions are r￿0gry￿d In ￿e year tw a￿ rwatAe 15 The West yO￿shIra Federation of Women's Institutes Notes to the accounts for the year ended 31 December 2024 l Accounting policies conlinued Investments Investrnents are stated at market ￿lue at ttrE telance street date Ttr￿ SOFA inc￿l*St￿ net g*ins and losse5 ari51ry cn revalu4tions and dis￿5315 ￿roUghout ttrE yeai. Fund accounting Unresliicted lunds are availai* lor use at dI￿retIOn of I[L￿tee5 in furthera￿ d tIE general otyectwes of the chanty ReslnGtE￿ funlts are S￿￿ected to restnctiorB on th￿[ exFwJrtuie ImtX6ed ty the don￿ or ttwough the terms ol an aptkal Further explanation ol nature ar￿ wip)se of luThJ Is i￿U&& In ttre Tr)les to Ihe &COLnts Leases Rent¥ urKler operatiro leases are ¢h8rged on a straigN ne tosis over tre lease term or to an earlier date if the lease can (￿ternined wrt.YJJt financial wnalty. St￿k Stock Is valu&1 al lower of costaThJ net real￿a￿e ￿￿lLE. The West Yorkshire Federation of Women's Institutes Notes to the accounts continued for the year ended 31 December 2024 2 Fundraising Activrties ?024 Total funds 20 Total func Qwta Anmal nat￿nal iaffle AGM Other lederab'on events Atts and kvjrneciaft cotrmit'.ee Carn[X3￿rE and current affairs Memtership 50150 Incone Social events arKJ leisure corrmrttee VWN irrome Year txok income Insurance Income (Yfice thnatior I stationery Fundfftisirg Sales Other dOnat￿S 632 1,041 367 5,029 1,1£ 3.529 433 163 1,711 14,803 8,195 1,440 ,901 3,4 214 2,134 3,6 15 316 22 74 334 54,458 3 Staff costs and nunthrs 24 20 Gross salaries SoGial securty costs Employment all(Avan¢e FèrEior.s 32.831 2,020 12,0201 ,g82 1,8Z3 11 6271 34.0 ,703 The average numbei of ￿nPlOyeeS dur r¥J the year wa5 2, tElry an average of 1 2 lull time equil￿1￿￿[2023". 2. 12 FtEI. There were no e.TFloi'ees with emcAuments atove £60.OW tlefined contrljulion pension schem• 2024 20 Ci%sts of tkE sckErne to the cfEity for year 1.219 525 10 The West Yorkshire Federation of Women's Institutes Notes to the accounts continued for the year ended 31 December 2024 4 Cost ¢f generaling funds Proiecl or activity 2024 20 Anwal n8t￿n81 rafne AGM 2,829 1,9 Othei federation events CarnpaErts and cuThert affairs Memtership Social events arvj leisure cottKniti 117 ,4 534 1,038 9.220 413 50150 VWN Year Lwk Total 1?845 ,959 5 Restricled furK15 Balarre It￿[￿n￿g OLtyir Transfers Balance AgrEs Salter yavel fund Amv Cro4vtherl ￿phrE Bursary Derman College Y