2021-10-31-accounts - Oxfordshire Federation of Women's Institute

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02775236

Registered Company Number:

Registered Charity Number: 1019967

The Oxfordshire County Federation of Women’s Institutes

A Company Limited by Guarantee

Report and Unaudited Accounts for the year ended 31st October 2021

Wenn Townsend

Chartered Accountants Oxford

The Oxfordshire County Federation of Women’s Institutes

Board of Trustees: Mrs M Bakewell Mrs H Dix (Vice Chairman) Mrs J Finnerty Mr G Gettings Mrs P Goddard (Chairman) Mrs S Griffey Ms J Kingdon (Vice Chairman) Mrs T Strain Mrs D Taylor Mrs V Wilson (Treasurer) Secretary: Mrs P Goddard Registered office: 5 Court Farm Barns Medcroft Road Tackley Kidlington Oxon OX5 3AL Charity number: 1019967 Company registration number: 02775236 Accountants: Wenn Townsend Chartered Accountants Oxford Bankers: The Cooperative Bank plc PO Box 250 Delf House Skelmersdale WN8 6WT

Solicitors: Anderson Dunning Oxford

The Oxfordshire County Federation of Women’s Institutes

Report of the Board of Trustees for the year ended 31st October 2021

The Board of Trustees presents their report and the accounts for the year ended 31st October 2021.

Reference and administrative information

These details are shown in page 1.

Structure, Governance and Management

The charity has adopted Memorandum and Articles in place of a trust deed. It is a private company limited by guarantee with each member guaranteeing £1.

The members of the charitable company’s Board of Trustees during the year were as follows:

Mrs M Bakewell Mrs C Blaxhall (Resigned 25th March 2021) Mrs C Denton (Resigned 25th March 2021) Mrs H Dix Mrs J Finnerty (Appointed 26th March 2021) Mrs G Gettings Mrs P Goddard (Chairman) Mrs S Griffey (Appointed 26th March 2021) Ms J Kingdon (Vice Chairman) Mrs T Lucy (Resigned 25th March 2021) Mrs T Strain Mrs D Taylor (Appointed 26th March 2021) Mrs V Wilson (Treasurer)

Every two years the Trustees are nominated and voted onto the Board by WI members of the Federation.

The Board of Trustees has assessed the major risks to which the charity is exposed and is satisfied that systems are in place to mitigate these risks.

Objectives and Activities and Public Benefit

The principal activity of the charitable company is that of furthering the purpose of the WI movement in Oxfordshire and elsewhere.

The Oxfordshire County Federation of Women’s Institutes exists for the benefit of 132 WIs within Oxfordshire and is a member of the National Federation of Women’s Institutes. It offers to these WIs a mixture of events fulfilling our educational brief.

The Trustees, in exercising their powers and conducting their duties, have paid due regard to the guidance on public benefit published by the Charity Commission. They have satisfied themselves that their approach complies with this guidance.

Achievements and Performance

With the regulations introduced by HMRC it proved impossible to follow normal practice of meetings and outings. We quickly adapted to the restrictions and Zoom meetings were implemented for many of our members. Help and guidance were also offered to our WI’s. Most of us were complete novices, but it was refreshing to note how many WI’s were able to encompass this new medium. Planning for future events was still implemented, but sadly, as more restrictions became necessary, we were often forced to cancel scheduled events. The aim was to instill confidence in our members and hopefully encourage them to join in, with support from the Federation. This is an ongoing practice and we continue to offer a variety of events as far as is possible.

The first few of these zoom meetings were free, the Federation bearing the cost of the speakers but gradually progressed to a small attendance fee. This has proved very workable and the same medium was used for training events such as Treasurers’ and Secretaries’ workshops.

The Oxfordshire County Federation of Women’s Institutes

Report of the Board of Trustees (continued) for the year ended 31st October 2021

Achievements and Performance (continued)

Lack of income from our normal activities together with a minimum level of profit on the virtual events described above, has had an impact on our reserves, but we remain cautiously optimistic that 2022 will see a gradual turnaround. We believe we have mitigated the loss of too many members in these difficult times with our efforts to be inclusive providing both printed and online newsletters and a diverse programme of online events. Also, our WIs have been contacted by our WI Advisers to talk through any difficulties they are experiencing.

This extremely difficult year has had an impact on all organizations. We are confident that we have done our best to ensure our members are aware that they are truly valued.

For details of forthcoming events please contact our office at Tackley or visit our website – www.oxfordshirewi.co.uk or Facebook www.facebook.com/oxfordshirefedwi.

Financial Review

The total income raised during the year was £85,555 (2020: £117,261), expenditure was £94,709 (2020: £126,095) and investment gains/(losses) were £13,199 (2020: (£7,211)), giving a net surplus/(deficit) for the year of £4,045 (2020: (£16,045)) This has increased the reserves of the Charity to £471,812 at 31st October 2021.

Reserves policy

The Board of Trustees reviews annually the amount of free reserves held by the Charity. These should be adequate to cover working capital and a contingency for unforeseen costs.

Proceeds from the sale of the property have been designated as a special reserve to generate income to support office provision. The interest is currently supporting rented accommodation and the fund retained to support future office provision whether by way of rent or purchase.

The committee considers that the current level of free reserves (excluding fixed assets and designated funds) of £25,337 to be adequate but not excessive.

Investment policy

Funds are retained to generate income to support revenue expenditure. The larger percentage of invested monies is placed with COIF and this met the Trustees’ wish to avoid risk although foregoing possible capital appreciation. This policy is however being reviewed.

The Charity currently holds a number of fixed rate deposits, including:

 £75,000 for three years at 2.10%, maturing March 2022  £75,000 for five years at 2%, maturing June 2022

The charity has £112,851 invested in the COIF property fund.

Plans for future periods

The Board of Trustees is reviewing Oxfordshire WI’s operating strategy with a view to meeting the changing needs of modern members.

Key Management Personnel Remuneration

The Trustees consider that the key management personnel of the charity comprises of the Board of Trustees as they are in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All Trustees give of their time freely and no Trustee remuneration was paid in the year. Details of Trustee expenses and related party transactions are disclosed in note 17 to the accounts.

Trustees are required to disclose all relevant interests and in accordance with the Trust’s policy withdraw from decisions where a conflict of interest arises.

Related parties

In carrying out its activities the Oxfordshire County Federation of Women's Institutes (OFWI) follows policies laid down by the National Federation of Women's Institutes (NFWI) as do all other County Federations. OFWI collects affiliation fees on behalf of NFWI.

The Oxfordshire County Federation of Women’s Institutes

Report of the Board of Trustees (continued) for the year ended 31st October 2021

This report has been prepared having taken advantage of the small companies’ exemption in the Companies Act 2006.

On behalf of the Board of Trustees

Mrs P Goddard Chairman

16th February 2022

The Oxfordshire County Federation of Women’s Institutes

Independent Examiner’s report to the Trustees of The Oxfordshire County Federation of Women’s Institutes

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31st October 2021 which are set out on pages 6 to 15.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs D Pluck BA FCA Chartered Accountant Oxford

16th February 2022

The Oxfordshire County Federation of Women’s Institutes Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31st October 2021

						Total					Total
	NoteUnrestrictedDesignatedRestrictedEndowment					2021	UnrestrictedDesignated		Restricted	Endowment 2020
		£	£	£	£	£	£	£	£	£	£
Income
Donations and gifts		5,002	-	2,077	-	7,079	3,605	-	4,308	-	7,913
Income from charitable activities
Membership subscriptions		41,180	-	-	-	41,180	44,740	-	-	-	44,740
Sub-committee		24,248	-	4,644	-	28,892	44,425	-	1,585	-	46,010
Income from other trading activities:
Sales		2,360	-	-	-	2,360	1,511	-	-	-	1,511
Sundry income		324	-	-	-	324	118	-	-	-	118
Investment income	6	5,717	-	3	-	5,720	9,203	-	9	-	9,212
Government grant income		-	-	-	-	-	7,757	-	-	-	7,757
		──────	──────	──────	──────	──────	───────	───────	───────	───────	──────
Total income		78,831	-	6,724	-	85,555	111,359	-	5,902	-	117,261
		──────	──────	──────	──────	──────	───────	───────	───────	───────	──────
Expenditure
Expenditure on charitable activities:
Sub-committee activities		18,627	-	-	-	18,627	44,574	-	-	-	44,574
Establishment		25,058	-	-	-	25,058	23,058	-	-	-	23,058
Project expenditure & bursaries		-	-	-	-	-	-	112	146	-	258
Support costs	18	49,318	-	-	-	49,318	51,611	-	-	-	51,611
Expenditure on trading activities:
Goods for sale		1,706	-	-	-	1,706	2,192	-	-	-	2,192
Irrecoverable VAT		-	-	-	-	-	4,402	-	-	-	4,402
		──────	──────	──────	──────	──────	───────	───────	───────	───────	──────
Total expenditure		94,709	-	-	-	94,709	125,837	112	146	-	126,095
		──────	──────	──────	──────	──────	───────	───────	───────	───────	──────
Net income/(expenditure) before	gains/(losses)
on investments		(15,878)	-	6,724	-	(9,154)	(14,478)	(112)	5,756	-	(8,834)
Unrealised losses on investment assets		-	13,199	-	-	13,199	-	(7,211)	-	-	(7,211)
		──────	──────	──────	──────	──────	──────	──────	──────	──────	──────
Net income/(expenditure)		(15,878)	13,199	6,724	-	4,045	(14,478)	(7,323)	5,756	-	(16,045)
Transfers between funds		635	(635)	-	-	-	1,527	(792)	(735)	-	-
		──────	──────	──────	──────	──────	──────	──────	──────	──────	──────
Net movement in funds		(15,243)	12,564	6,724	-	4,045	(12,951)	(8,115)	5,021	-	(16,045)
Reconciliation of funds:
Total funds at 1st November 2020		44,094	395,405	25,455	2,813	467,767	57,045	403,520	20,434	2,813	483,812
		──────	──────	──────	──────	──────	───────	───────	───────	───────	──────
Total funds at 31st October 2021		28,851	407,969	32,179	2,813	471,812	44,094	395,405	25,455	2,813	467,767
		══════	══════	══════	══════	══════	═══════	═══════	═══════	═══════	══════

The Oxfordshire County Federation of Women’s Institutes Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31st October 2021 (continued)

					Total					Total
	UnrestrictedDesignatedRestrictedEndowment				2021UnrestrictedDesignated			Restricted	Endowment
2020
	£	£	£	£	£	£	£	£	£	£
*Represented by:*
Bank and cash	38,087	295,118	32,179	2,813	368,197	47,569	298,380	25,455	2,813	374,217
Stocks and debtors	37,158	-	-	-	37,158	14,968	-	-	-	14,968
Current liabilities	(49,908)	-	-	-	(49,608)	(22,588)	-	-	-	(22,588)
Fixed assets	3,514	112,851	-	-	116,365	4,145	97,025	-	-	101,170
	──────	──────	──────	──────	──────	───────	───────	───────	───────	──────
	28,851	407,969	32,179	2,813	472,112	44,094	395,405	25,455	2,813	467,767
	══════	══════	══════	══════	══════	═══════	═══════	═══════	═══════	══════

All income and expenditure derive from continuing activities. None of the Charitable Company's activities was acquired or discontinued during the above two financial periods. The statement of financial activities includes all gains and losses recognised during the year.

The notes on pages 9 to 15 form an integral part of the financial statements.

The Oxfordshire County Federation of Women’s Institutes

Balance Sheet 31st October 2021

		Note		2021
2020
		£	£	£	£
Fixed assets
Tangible assets	7		3,514		4,145
Investments	8		112,851		97,025
Current assets
Stocks	9	588		1,510
Debtors	10	36,570		13,458
Deposit funds		318,122		340,107
Cash at bank and in hand	11	50,075		34,110
		──────		──────
		405,355		389,185
Creditors:due within one year	12	(49,908)		(22,588)
		──────		──────
Net current assets			355,447		366,597
			──────		──────
Net assets			471,812		467,767
			══════		══════
Represented by:
Unrestricted funds	13		28,851		44,094
Designated funds	14		407,969		395,405
Restricted funds	15		32,179		25,455
Endowment fund	16		2,813		2,813
			──────		──────
Total charity funds			471,812		467,767
			══════		══════

For the year ending 31st October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the trustees on 16th February 2022 and were signed on their behalf by:

……………………………………… Mrs P Goddard Chairman

Company number: 02775236

The notes on pages 9 to 15 form an integral part of the financial statements.

The Oxfordshire County Federation of Women’s Institutes

Notes to the Accounts for the year ended 31st October 2021

1 Accounting policies

Basis of accounting and assessment of going concern

The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1st October 2019, the Charities Act 2011, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

Company status

The charity is a private company limited by guarantee, incorporated in England. The members of the company are the Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Income

Income represents the amount derived from fees and the provision of goods and services falling within the company's activities in the UK.

All income is included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity.

Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.

Governance costs are those incurred in connection with administration of the Charity as a legal entity and are not connected with generating income or charitable expenditure. Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to expenditure.

Leases and hire purchase contracts

Rentals applicable to operating leases, where substantially all the benefits and risks of ownership remain with the lessor, are charged to the Statement of Financial Activities as incurred.

Tangible fixed assets and depreciation

Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition.

Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows:

Furniture and equipment

25% reducing balance

Investments

Investments are recognised initially at fair value which is normally the transaction price

excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains/(losses) on investments’ in the SOFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stock

Stock is valued at the lower of cost and net realisable value. Cost is computed on a first in first out basis. Net realisable value is based on estimated selling price less the estimated cost of disposal.

The Oxfordshire County Federation of Women’s Institutes Notes to the Accounts (continued) for the year ended 31st October 2021

1 Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value .

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Taxation

The charity is registered for Value Added Tax, and is recoverable against the activity for which the expenditure is incurred.

Fund accounting

i) Unrestricted funds

These funds are to be used at the discretion of the Board of Trustees in furtherance of the WI movement.

ii) Designated funds

The Property Fund is designated to support future office provision whether by way of rent or purchase.

The Celebration Fund originates from the successful claim of previous VAT liabilities following a new ruling by H M Revenue & Customs on the taxation of subscriptions. It was used to give every Oxfordshire member the opportunity to participate in centenary celebrations.

The Special Support Fund originates from amounts received from suspended WIs which have been held for a period of three years as restricted funds. It will be used to assist WIs financially.

iii) Restricted funds

These funds represent Bursaries funded by investment income or specific donations, suspended WI accounts which are restricted for three years and funds donated for specific projects.

iv) Endowment fund

This fund originates from the establishment of the Agnes Salter Memorial Bursary.

Pensions

The WI contributes to personal defined contribution pension scheme on behalf of its employees. The employer’s contributions are charged against the income and expenditure account in the year in which they are made.

Volunteer time

A significant contribution is made by members serving on various committees. The value of these donated services is not reflected in the accounts.

2 Turnover

In the opinion of the Board of Trustees, none of the income of the Charitable Company is attributable to countries outside the UK (2020: £Nil).

3 Net income/(expenditure)

The deficit is stated after charging:

2021

2020

Depreciation (owned assets) 1,382 Independent examiner’s fee 4,810 Operating lease rentals and after crediting: Investment income (note 6) 9,212

£ £ 1,172 5,000 19,550 18,350 ══════ ══════ 5,720

The Oxfordshire County Federation of Women’s Institutes

Notes to the Accounts (continued) for the year ended 31st October 2021

4 Employees

Employees Salaries Pension contributions Number of employees	2021 £ 28,425 264 _ 28,689 ═════ 2	2020 £ 41,940 568
		_ 42,508 ═════ 3

No employees received remuneration of more than £60,000 during the year (2020: none).

5 Board of Trustees and key management personnel remuneration and expenses.

The current board of Trustees (who are also considered to be the key management personnel) neither received nor waived any remuneration during the year (2020: £Nil).

Expenses paid to the members are disclosed in note 17.

6 Investment income

vestment income
	2021	2020
	£	£
Interest receivable	3,093	4,057
Dividends receivable	2,627	5,155
	─────	─────
	5,720	9,212
	═════	═════

7 Tangible fixed assets

angible fxed assets
	Fixtures and
	fttings
	£
Cost or valuation:
At 1st November 2020	44,439
Additions	541
	─────
At 31st October 2021	44,980
	═════
Depreciation:
At 1st November 2020	40,294
Charged	1,172
	──────
At 31st October 2021	41,466
	══════

Net book value:

At 31st October 2021 At 1st November 2020

3,514 ══════ 4,145 ══════

The Oxfordshire County Federation of Women’s Institutes

Notes to the Accounts (continued) for the year ended 31st October 2021

8	Fixed asset investments
		2021	2020
		£	£
	Quoted Investments:
	Market value at 1st November 2020	97,025	99,081
	Add: Acquisitions at cost	2,627	5,155
	Less: Gain/(loss) on revaluation	13,199	(7,211)
		──────	──────
	Market value at 31st October 2021	112,851	97,025
		══════	══════
9	Stocks
	Goods for resale	588	1,049
	Ofce stationery	-	461
		──────	──────
		588	1,510
		══════	══════
10	Debtors:amounts falling due within one year
	VAT recoverable	2,154	-
	Debtors	2,376	122
	Prepayments	32,040	12,451
	Accrued income	-	885
		──────	──────
		36,570	13,458
		══════	══════
11	Cash at bank and in hand
	Bank deposit accounts	17,258	15,436
	Suspended WIs deposit	4,653	3,143
	Bank current accounts	27,583	13,996
	Cash and travel foat	581	1,535
		──────	──────
		50,075	34,110
		══════	══════
12	Creditors:amounts falling due within one year
	Trade creditors	8,660	2,634
	Accruals and deferred income	41,097	16,834
	Taxes and social security	151	611
	Other creditors	-	-
	VAT liability	-	2,509
		──────	──────
		49,908	22,588
		══════	══════

Deferred income comprises event income received in advance which relates to future accounting periods.

The Oxfordshire County Federation of Women’s Institutes

Notes to the Accounts (continued) for the year ended 31st October 2021

13	Unrestricted funds
				2021	2020
				£	£
	Balance at 1st November 2020			44,094	57,045
	Income			78,831	111,359
	Expenditure			(94,709)	(125,837)
	Transfers			635	1,527
				──────	──────
	Balance at 31st October 2021			28,851	44,094
				══════	══════
14	Designated funds
	2021	PropertyCelebration		Special	Total
		Fund	Fund	Support	2021
	Balance at 1st November 2020		394,770	-	635
	395,405
	Income	-	-	-	-
	Expenditure	13,199	-	-	13,199
	Transfer	-	-	(635)	(635)
		──────	──────	──────	──────
	Balance at 31st October 2021	407,969	-	-	407,969
		══════	══════	══════	══════
	2020	PropertyCelebration		Special	Total
		Fund	Fund	Support	2020
	Balance at 1st November 2019	401,981	1,539	-	403,520
	Income	-	-	-	-
	Expenditure	-	(12)	(100)	(112)
	Unrealised loss on investment assets	(7,211)	-	-	(7,211)
	Transfers	-	(1,527)	735	(792)
		──────	──────	──────	──────
	Balance at 31st October 2020	394,770	-	635	395,405
		══════	══════	══════	══════

The Oxfordshire County Federation of Women’s Institutes

Notes to the Accounts (continued) for the year ended 31st October 2021

15 Restricted funds

Restricted funds
2021 Balance at 1st November 2020 Donations Income from WIs Investment income Bursaries awarded Project expenditure Transfers Balance at 31st October 2021 2020 Balance at 1st November 2019 Donations Income from WIs Investment income Bursaries awarded Project expenditure Transfers Balance at 31st October 2020	NFWI Bursary Suspended AM Red Box Total Funds WIs Fund Appeal 2021 £ £ £ £ £ 20,911 3,136 1,408 - 25,455 2,077 - - - 2,077 - 4,644 - - 4,644 - 3 - - 3 - - - - - - - - - - - - - - - 22,988 7,783 1,408 - 32,179
	NFWI Bursary Suspended AM Red Box Total Funds WIs Fund Appeal 2020 £ £ £ £ £ 17,903 2,277 108 146 20,434 3,008 - 1,300 - 4,308 - 1,585 - - 1,585 - 9 - - 9 - - - - - - - - (146) (146) - (735) - - (735) 20,911 3,136 1,408 - 25,455

Amounts received from suspended WIs are restricted for a period of three years.

The Oxfordshire County Federation of Women’s Institutes

Notes to the Accounts (continued) for the year ended 31st October 2021

Endowment fund
	2021	2020
	£	£
As at 31st October 2020 and
at 31st October 2021	2,813	2,813
	══════	══════

17 Related parties

In 2021, the Oxfordshire County Federation of Women's Institutes (OFWI) collected affiliation fees on behalf of the National Federation of Women's Institutes (NFWI) amounting to £41,180 (2020: £44,740).

In carrying out its activities the OFWI follows policies laid down by the NFWI as do all other County Federations.

10 (2020: 13) Trustees were reimbursed for travel and other expenses incurred on Federation business in the year amounting to £2,213 (2020: £2,664).

18 Support costs

Support costs
	2021		2020
	£		£
Employment costs (note 4)	28,689		42,508
Redundancy and recruitment	8,495		-
Administration costs	4,729		3,347
Training	550		787
Legal and consultancy costs	1,752		146
Governance costs	5,103		4,823
	──────		──────
	49,318		51,611
	══════		══════
Governance costs	2021		2020
	£		£
Accountant’s remuneration		5,090
4,810
Annual fling fee	13		13
	──────		──────
	5,103		4,823
	══════		══════

19 Operating lease commitments

At 31st October 2021 the charity was committed to make the following payments during the next year in respect of operating leases.

	Land and buildings	Land and buildings
	2021	2020
	£	£
Within one year	19,550	19,550
2 – 5 years	78,200	78,200
More than 5 years	115,670	135,220
	══════	═══════

The total amount of financial commitments not included in the balance sheet is £213,420 (a fifteen-year lease was signed on 12th September 2017).