**REGISTERED COMPANY NUMBER: 02822778 (England and Wales) REGISTERED CHARITY NUMBER: 1022578**
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025
for
The Somerset County Federation of Women's Institutes
Maxwells Chartered Accountants
4 King Square Bridgwater Somerset TA6 3YF
The Somerset County Federation of Women's Institutes
Contents of the Financial Statements for the Year Ended 31 March 2025
|||Page||
|---|---|---|---|
|Chairman's Report||1||
|Report of the Trustees||2||
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet|5|to|6|
|Notes to the Financial Statements|7|to|14|
|Detailed Statement of Financial Activities|15|to|16|
The Somerset County Federation of Women's Institutes
## Chairman's Report
## for the Year Ended 31 March 2025
2024 The Board of Trustees have all worked hard to keep everything in good order for members. We have continued to improve the County Office and gardens for visitors and staff coming to the WI House.
Our Teams have been very busy this year, arranging many more exciting events for us to participate in. The weekend at Manor Ashbury Okehampton was a resounding success, with 49 members taking part and plans to repeat this once again are in hand.
In October 2024, we held our Annual Meeting at a new venue for SCFWI, Milfield School in Street, which was well attended. It was so good to see members enjoying the opportunity to catch up with friends and make new ones. Speakers included: Captain Jessica Tyson, Nettie Oakley-Prior and Rosie Hather.
In my role as County Chairman since October 2024, I have made a point of going out and visiting WIs to gain a better understanding of their needs and how the Board can help them to continue to inspire, educate and entertain their members. As the ethos of the WI is to educate and entertain ladies, we continue to arrange events for them to enjoy, literary lunches, days at the races, coach holidays, activity weekends and much more.
Our biggest fundraiser of the year was our tea and cake tent at the Bath and West Show held in Shepton Mallet, although numbers were down on previous years, we managed to raise funds for Somerset.
For the Board of Trustees, there have been many changes over the past year. Which, in time, will only make the federation stronger. We have seen a reduction in our numbers as we now hold 107 WIs in Somerset. The Board are confident that if we follow our strategic plan of recruitment and awareness through our marketing programme, membership could continue to grow. For myself, the past months have been filled with many new experiences, which I have very much enjoyed.
Page 1
The Somerset County Federation of
Women's Institutes
for the Year Ended 31 March 2025
## Report of the Trustees
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
02822778 (England and Wales)
## **Registered Charity number**
1022578
## **Registered office**
344 Bristol Road Bridgwater Somerset TA6 4BU
## **Trustees**
Mrs A P Chadwick Mrs D M Cooper Mrs J L D Evans (resigned 1.4.25) Mrs J P Glossop Mrs T Hemms Ms S M Routley Mrs B Court Mrs E L Porter
## **Independent Examiner**
Maxwells Chartered Accountants 4 King Square Bridgwater Somerset TA6 3YF
Approved by order of the board of trustees on 1 December 2025 and signed on its behalf by:
Mrs D M Cooper - Trustee
Page 2
Independent Examiner's Report to the Trustees of The Somerset County Federation of Women's Institutes
## **Independent examiner's report to the trustees of The Somerset County Federation of Women's Institutes ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity's 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 charity'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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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.
Gavin Roberts, FCA FCCA The Institute of Chartered Accountants in England and Wales
Maxwells Chartered Accountants 4 King Square Bridgwater Somerset TA6 3YF
15 December 2025
Page 3
The Somerset County Federation of Women's Institutes
## Statement of Financial Activities
## for the Year Ended 31 March 2025
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**47,680**
**Charitable activities**
County News
**1,347**
Council Meetings
**10,729**
Sub-Committees
**44,268**
Other resources expended
**42,792**
Other trading activities
2
**2,797**
Investment income
3
**9,060**
Other income
**4,970**
**Total**
**163,643**
**EXPENDITURE ON**
Raising funds
4
**2,370**
**Charitable activities**
County News
**5,893**
Council Meetings
**7,263**
Sub-Committees
**30,971**
Other resources expended
**125,652**
**Total**
**172,149**
Net gains/(losses) on investments
**(579)**
**NET INCOME/(EXPENDITURE)**
**(9,085)**
**Transfers between funds**
13
**(5,206)**
**Net movement in funds**
**(14,291)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**458,912**
**TOTAL FUNDS CARRIED FORWARD**
**444,621**|Restricted
funds
£
**40,836**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**40,836**
**39,527**
**-**
**1,188**
**-**
**-**
**40,715**
**-**
**121**
**5,206**
**5,327**
**23,356**
**28,683**|**31.3.25**
**Total**
**funds**
**£**
**88,516**
**1,347**
**10,729**
**44,268**
**42,792**
**2,797**
**9,060**
**4,970**
**204,479**
**41,897**
**5,893**
**8,451**
**30,971**
**125,652**
**212,864**
**(579)**
**(8,964)**
**-**
**(8,964)**
**482,268**
**473,304**|31.3.24
Total
funds
£
36,241
11,165
4,842
48,555
36,076
4,201
8,620
-
149,700
38,875
5,882
4,777
35,015
81,858
166,407
203
(16,504)
-
(16,504)
498,772
482,268|
|---|---|---|---|
The notes form part of these financial statements
Page 4
The Somerset County Federation of Women's Institutes
## Balance Sheet
## 31 March 2025
|Unrestricted
Restricted
funds
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
9
**386,897**
**-**
Social investments
10
**26,594**
**-**
**413,491**
**-**
**CURRENT ASSETS**
Debtors
11
**15,134**
**-**
Cash at bank and in hand
**52,111**
**32,759**
**67,245**
**32,759**
**CREDITORS**
Amounts falling due within one year
12
**(36,115)**
**(4,076)**
**NET CURRENT ASSETS**
**31,130**
**28,683**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**444,621**
**28,683**
**NET ASSETS**
**444,621**
**28,683**
**FUNDS**
13
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**31.3.25**
**Total**
**funds**
**£**
**386,897**
**26,594**
**413,491**
**15,134**
**84,870**
**100,004**
**(40,191)**
**59,813**
**473,304**
**473,304**
**444,621**
**28,683**
**473,304**|31.3.24
Total
funds
£
395,645
27,173
422,818
10,205
82,120
92,325
(32,875)
59,450
482,268
482,268
458,912
23,356
482,268|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
The Somerset County Federation of Women's Institutes
## Balance Sheet - continued
## 31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 1 December 2025 and were signed on its behalf by:
Mrs D M Cooper - Trustee
The notes form part of these financial statements
Page 6
The Somerset County Federation of Women's Institutes
for the Year Ended 31 March 2025
## Notes to the Financial Statements
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
The Somerset County Federation of Women's Institutes
## Notes to the Financial Statements - continued for the Year Ended 31 March 2025
|**2.**|**OTHER TRADING ACTIVITIES**|||
|---|---|---|---|
|||**31.3.25**|31.3.24|
|||**£**|£|
||Shop income|**2,797**|4,201|
|**3.**|**INVESTMENT INCOME**|||
|||**31.3.25**|31.3.24|
|||**£**|£|
||Rents received|**7,800**|7,642|
||Other Investment Income|**1,260**|978|
|||**9,060**|8,620|
|**4.**|**RAISING FUNDS**|||
||**Raising donations and legacies**|||
|||**31.3.25**|31.3.24|
|||**£**|£|
||Subscriptions|**39,527**|37,932|
||Support costs|**(1)**|-|
|||**39,526**|37,932|
|**5.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||**31.3.25**|31.3.24|
|||**£**|£|
||Depreciation - owned assets|**9,264**|9,331|
|**6.**|**TRUSTEES' REMUNERATION AND BENEFITS**|||
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
|**Trustees' expenses**|||
|---|---|---|
||**31.3.25**|31.3.24|
||**£**|£|
|Trustees' expenses|**500**|400|
continued...
Page 8
The Somerset County Federation of Women's Institutes
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **7. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **8.**
|Management and administration
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
(2,618)
**Charitable activities**
County News
11,165
Council Meetings
4,842
Sub-Committees
48,555
Other resources expended
36,076
Other trading activities
4,201
Investment income
8,620
**Total**
110,841
**EXPENDITURE ON**
Raising funds
943
**Charitable activities**
County News
5,882
Council Meetings
4,777
Sub-Committees
35,015
Other resources expended
78,496
**Total**
125,113
Net gains on investments
203
**NET INCOME/(EXPENDITURE)**
(14,069)
**RECONCILIATION OF FUNDS**
Total funds brought forward
472,981
**TOTAL FUNDS CARRIED FORWARD**
458,912|**31.3.25**
**2**
Restricted
funds
£
38,859
-
-
-
-
-
-
38,859
37,932
-
-
-
3,362
41,294
-
(2,435)
25,791
23,356|31.3.24
1
Total
funds
£
36,241
11,165
4,842
48,555
36,076
4,201
8,620
149,700
38,875
5,882
4,777
35,015
81,858
166,407
203
(16,504)
498,772
482,268|
|---|---|---|
continued...
Page 9
The Somerset County Federation of Women's Institutes
## Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **9. TANGIBLE FIXED ASSETS**
|Freehold
Plant and
property
machinery
£
£
**COST**
At 1 April 2024
**423,964**
**-**
Additions
**-**
**167**
At 31 March 2025
**423,964**
**167**
**DEPRECIATION**
At 1 April 2024
**31,728**
**-**
Charge for year
**8,479**
**33**
At 31 March 2025
**40,207**
**33**
**NET BOOK VALUE**
At 31 March 2025
**383,757**
**134**
At 31 March 2024
392,236
-
**10.**
**SOCIAL INVESTMENTS**
**MARKET VALUE**
At 1 April 2024
Revaluations
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
Cost or valuation at 31 March 2025 is represented by:|Fixtures
and
fittings
£
**27,303**
**-**
**27,303**
**23,894**
**682**
**24,576**
**2,727**
3,409|Computer
equipment
£
**-**
**349**
**349**
**-**
**70**
**70**
**279**
-|Totals
£
**451,267**
**516**
**451,783**
**55,622**
**9,264**
**64,886**
**386,897**
395,645
Other
investments
£
**27,173**
**(579)**
**26,594**
**26,594**
27,173|
|---|---|---|---|
|||**Other**|
|---|---|---|
|||**investments**|
|||**£**|
|Valuation in|2023|**26,969**|
|Valuation in|2024|**204**|
|Valuation in|2025|**(579)**|
|||**26,594**|
continued...
Page 10
The Somerset County Federation of Women's Institutes
## Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
Prepayments and accrued income
**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Suspended WI deposits
Trade creditors
VAT
Other creditors
Accruals and deferred income
**13.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.4.24
in funds
£
£
**Unrestricted funds**
General fund
**312,419**
**(9,085)**
Pre Incorporation General
**146,493**
**-**
**458,912**
**(9,085)**
**Restricted funds**
Caring and Sharing Fund
**1,231**
**-**
NFWI AGM
**15,184**
**121**
Women's Institute Suspense Account
**6,941**
**-**
**23,356**
**121**
**TOTAL FUNDS**
**482,268**
**(8,964)**
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
**163,643**
**(172,149)**
**Restricted funds**
NFWI AGM
**40,836**
**(40,715)**
**TOTAL FUNDS**
**204,479**
**(212,864)**|**31.3.25**
31.3.24
**£**
£
**208**
1,451
**136**
1,216
**14,790**
7,538
**15,134**
10,205
**31.3.25**
31.3.24
**£**
£
**3,578**
6,941
**13,033**
8,417
**-**
153
**19,075**
11,964
**4,505**
5,400
**40,191**
32,875
Transfers
between
At
funds
31.3.25
£
£
**(5,206)**
**298,128**
**-**
**146,493**
**(5,206)**
**444,621**
**-**
**1,231**
**1,843**
**17,148**
**3,363**
**10,304**
**5,206**
**28,683**
**-**
**473,304**
Gains and
Movement
losses
in funds
£
£
**(579)**
**(9,085)**
**-**
**121**
**(579)**
**(8,964)**|
|---|---|
continued...
Page 11
The Somerset County Federation of Women's Institutes
## Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **13. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Pre Incorporation General
**Restricted funds**
Caring and Sharing Fund
NFWI AGM
Women's Institute Suspense Account
**TOTAL FUNDS**|At 1.4.23
£
326,488
146,493
472,981
1,231
14,106
10,454
25,791
498,772|Net
movement
in funds
£
(14,069)
-
(14,069)
-
1,078
(3,513)
(2,435)
(16,504)|At
31.3.24
£
312,419
146,493|
|---|---|---|---|
||||458,912
1,231
15,184
6,941|
||||23,356|
||||482,268|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
NFWI AGM
Women's Institute Suspense Account
**TOTAL FUNDS**|Incoming
resources
£
110,841
42,372
(3,513)
38,859
149,700|Resources
expended
£
(125,113)
(41,294)
-
(41,294)
(166,407)|Gains and
Movement
losses
in funds
£
£
203
(14,069)
-
1,078
-
(3,513)
-
(2,435)
203
(16,504)|Gains and
Movement
losses
in funds
£
£
203
(14,069)
-
1,078
-
(3,513)
-
(2,435)
203
(16,504)|
|---|---|---|---|---|
|||||(2,435)|
|||||(16,504)|
continued...
Page 12
The Somerset County Federation of Women's Institutes
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Pre Incorporation General
**Restricted funds**
Caring and Sharing Fund
NFWI AGM
Women's Institute Suspense Account
**TOTAL FUNDS**|At 1.4.23
£
326,488
146,493
472,981
1,231
14,106
10,454
25,791
498,772|Net
movement
in funds
£
(23,154)
-
(23,154)
-
1,199
(3,513)
(2,314)
(25,468)|Transfers
between
funds
£
(5,206)
-
(5,206)
-
1,843
3,363
5,206
-|At
31.3.25
£
298,128
146,493|
|---|---|---|---|---|
|||||444,621
1,231
17,148
10,304|
|||||28,683|
|||||473,304|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
NFWI AGM
Women's Institute Suspense Account
**TOTAL FUNDS**
**Transfers between funds**|Incoming
resources
£
274,484
83,208
(3,513)
79,695
354,179|Resources
expended
£
(297,262)
(82,009)
-
(82,009)
(379,271)|Gains and
Movemen
losses
in funds
£
£
(376)
(23,154
-
1,199
-
(3,513
-
(2,314
(376)
(25,468|Gains and
Movemen
losses
in funds
£
£
(376)
(23,154
-
1,199
-
(3,513
-
(2,314
(376)
(25,468|
|---|---|---|---|---|
|||||(2,314|
|||||(25,468|
||||||
## Restricted Funds
## **Caring and Sharing Fund**
The caring and sharing fund receives donations from member institutes which are used to give financial assistance to less well off institutes.
## **NFWI AGM**
The NFWI AGM fund relates to members attendance at the National Federations AGM. Income is contributions from members and expenditure covers travel and accomodation costs.
## **Women's Institute Suspense Account**
The Suspense Account consists of funds from suspended Institutes. These are held for three years and, if the Institute has not re-stated by then, are kept by the Somerset County Federation and used towards costs of opening new WIs.
continued...
Page 13
The Somerset County Federation of Women's Institutes
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **14. RELATED PARTY DISCLOSURES**
Trustees are reimbursed for travel and other miscellaneous expenses totalling £3,164.95 (2024 £910.88).
2025 also had honorarium payments given to Shirley Routley for £500.00 agreed at trustee board meetings.
Page 14
The Somerset County Federation of Women's Institutes
## Detailed Statement of Financial Activities for the Year Ended 31 March 2025
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2025|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts|**-**|2|
|Donations|**139**|1,056|
|Disbanded WI associations|**3,685**|2,410|
|Subscriptions|**84,598**|32,623|
|Donated services and facilities|**94**|150|
||**88,516**|36,241|
|**Other trading activities**|||
|Shop income|**2,797**|4,201|
|**Investment income**|||
|Rents received|**7,800**|7,642|
|Other Investment Income|**1,260**|978|
||**9,060**|8,620|
|**Charitable activities**|||
|Fundraising Events|**83,549**|77,234|
|Advertising|**1,114**|11,420|
|Trips/Visits|**14,473**|11,984|
||**99,136**|100,638|
|**Other income**|||
|Exceptional items|**4,970**|-|
|**Total incoming resources**|**204,479**|149,700|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Subscriptions|**39,527**|37,932|
|**Other trading activities**|||
|Opening stock|**-**|(1,092)|
|Shop expenditure|**2,371**|2,035|
||**2,371**|943|
|**Charitable activities**|||
|Fundraising event costs|**87,957**|45,628|
|Advertising|**27**|-|
|AGM Expenses|**178**|4,777|
||**88,162**|50,405|
This page does not form part of the statutory financial statements
Page 15
The Somerset County Federation of Women's Institutes
## Detailed Statement of Financial Activities for the Year Ended 31 March 2025
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2025|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**Support costs**|||
|**Management**|||
|Trustees' expenses|**500**|400|
|Wages|**22,786**|26,539|
|Pensions|**226**|621|
|Rates and water|**717**|648|
|Insurance|**2,742**|2,354|
|Light and heat|**2,365**|1,933|
|Telephone|**1,510**|1,569|
|Postage and stationery|**5,020**|3,432|
|Office equipment expenses|**2,413**|2,183|
|Sundries|**4,570**|7,786|
|Travel|**1,280**|1,628|
|Repairs and renewals|**12,696**|6,906|
|Depreciation of tangible and heritage assets|**9,263**|9,332|
|Interest payable|**-**|6|
|Vat partial exemption|**-**|985|
||**66,088**|66,322|
|**Finance**|||
|Bank charges|**1,983**|1,721|
|**Governance costs**|||
|Sundries|**290**|173|
|Accountancy and legal fees|**13,275**|7,913|
|Legal fees|**419**|415|
|Management Fee|**749**|583|
||**14,733**|9,084|
|Total resources expended|**212,864**|166,407|
|**Net expenditure before gains and losses**|**(8,385)**|(16,707)|
|**Realised recognised gains and losses**|||
|Realised gains/(losses) on fixed asset investments|**(579)**|203|
|**Net expenditure**|**(8,964)**|(16,504)|
This page does not form part of the statutory financial statements
Page 16