```
REGISTERED COMPANY NUMBER: 02839087 (England and Wales)
REGISTERED CHARITY NUMBER: 1025356
```
```
Report of the Trustees and
```
```
Unaudited Financial Statements
for the Year Ended 31 October 2023
```
```
for
```
```
Suffolk East Federation of Womens
Institutes
```
```
Ballams Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ
```
```
Suffolk East Federation of Womens
Institutes
```
```
Contents of the Financial Statements
for the Year Ended 31 October 2023
```
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 3`|
|**`Independent Examiner's Report`**|`4`|
|**`Statement of Financial Activities`**|`5`|
|**`Statement of Financial Position`**|`6 to 7`|
|**`Notes to the Financial Statements`**|`8 to 14`|
|**`Detailed Statement of Financial Activities`**|`15`|
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Report of the Trustees for the Year Ended 31 October 2023`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31October2023.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
Wecontinuetofurtherouraimsandobjectivesbyrecommendingthatgovernmentactionbetakeninareas of
concernraisedbyindividualmembersorbyWIs.Onemandatewaspassednationallythisyearandcallsfor an
increaseinawarenessofriverwaterqualitybyapplyingformoreareastobesuitableforopenwater swimming.
Meanwhile,wehavecontinuedtovoiceconcernoverthesubtlesignsofovariancancer,plasticparticlesin our
oceans,alleviatingloneliness,foodwasteandsustainability,AutismandADHDinwomenandgirls,alongwith other
associatedsubjects.OnalocalleveltheFederationremainsactivewithintheSuffolkcommunityinits association
with the Suffolk Agricultural Association by being at the Suffolk Show and the Suffolk Wildlife Trust.
```
## **`Significant activities`**
```
The Federationhasa regularcolumnin the EastAnglianDailyTimes givingan opportunityto shownon-members the
broadscopeofWIactivitiesandinterests.SomeofthesecolumnshavefocussedonNFWIcampaigns.Weuse the
website and Facebook to further keep members informed and promote the organisation.
```
```
Financialand administrativedecisionswere made within a policymeeting in November.The NationalCouncil Meeting
washeldbyZoomandattendedbyTinaHurley,inhercapacityasFederationChairman,andVivienHartill as
FederationTreasurer.Trustees have attendedWI meetings and celebrationswithin our federation,with several of our
WIs celebrating their centenary.
```
```
Our Annual Meeting was held on 7th March at Trinity Park.
```
```
OurownSuffolkEastWIcertificatedcourseswithCreativeStitchofferstudentsachancetodeveloptheirskills in
designandtechniques.Thedistancelearningoptionforthecoursesgivesstudentsfromotherpartsofthe country
theopportunitytotakeonthecourses.Twentyeightstudentsgraduatedin2023.Theirshowofworkwasheld at
NeedhamMarketinJulyandwasastunningdisplay.Ourdedicatedtutorsandadminteamareworkinghard to
provide the best courses we can.
```
```
The Federationmarketingteam joinedforces with SuffolkWest Federationto promotea countywidecelebrationof all
thingsWIonNationalWIdayinSeptember.SeveralWIsheldcraftcompetitionsaspartofthiseventand their
winningworkwillbe displayedat ournextAnnualMeeting.The eventwas anopportunitytoraiseawarenessof the
WI in their local area and WIs have reported potential new members visiting their WI.
```
```
Oursub-committeeshavefoundplanningeventsdifficult.Theeffectsofthepandemicandrepeatedlockdowns have
left some members still not comfortablewith goingout and not all of the plannedevents have been viable. However,
some smallereventsanddayschoolshavebeenwell attended,as havethemedlunches.A floralthemedlunchin the
summer and a literarylunchin autumn,New Age Kurlingsessions,an evening concertof Gilbertand Sulivan,a science
day and theatre trip show the diversity of what is offered to our members.
```
```
OurAdviserteamcontinuetoworkhardsupportingourWIsaswellasorganisingsuccessfulquizzesand delivering
training for WI officers and committees.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Internal and external factors`**
## `Outside Representation`
```
Aswellasourlocalconnections,thefederationholdsmembershipoftheAssociatedCountryWomenofthe World
and is a Friend of Suffolk Archives.
```
```
Page 1
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Report of the Trustees for the Year Ended 31 October 2023`**
## **`ACHIEVEMENT AND PERFORMANCE`**
## `Acknowledgements`
```
Theboardisextremelygratefulforthesupportgivenbyformerboardmembers,WIAdvisersandour professional
advisers.Wewishtothankourlocalofficestafffortheirenthusiasmanddedication,whichwevalue greatly,
especiallythroughanotherchallengingyear.Weappreciatetheassistance,understandingandpatienceof our
partners,familiesandfriends.Withoutyouallwewouldnotachievetheambitionswehaveforasuccessful and
united Federation.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
```
## **`Organisational structure`**
```
SEFWIBoardofTrusteesconsistsof9membersandrepresents89WIswitharound2600members.TheBoard has
metfor11businessmeetingsandtwospecialmeetingsduringthepastyear.Fourofthosemeetingshave been
virtual via Zoom, all others were around the table.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
02839087 (England and Wales)
```
## **`Registered Charity number`**
```
1025356
```
## **`Registered office`**
```
22 Orford Street
Ipswich
Suffolk
IP1 3NS
```
## **`Trustees`**
```
Mrs V J Hartill
Mrs C E Davies (resigned 7.3.23)
Mrs W J Heath
Mrs C A Peacher
Mrs L J Leesmith
Mrs C M Hurley
Ms A Scruby
Mrs R Wailes (resigned 7.3.23)
Mrs J E Pearson
Mrs A Robertson (appointed 7.3.23)
Mrs J Wightman (appointed 7.3.23)
```
## **`Company Secretary`**
```
Mrs G Denny
```
```
Page 2
```
```
Suffolk East Federation of Womens
Institutes
```
## **`Report of the Trustees for the Year Ended 31 October 2023`**
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Independent Examiner`**
```
M J Mortimer FCA FCCA
Ballams Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ
```
## **`TREASURER'S REPORT`**
```
In2022-23SuffolkEastFederationmadeadeficitonordinaryactivitiesof£13,771.Theannualrevaluation of
investmentshasresultedinanunrealisedlossthisyearof£1,636andthusthereisanoveralldeficitof £15,407.
DespiteexpenditureonroofrepairsandthenewwebsitethatIreportedlastyearwerenecessaryoverall ordinary
expenditure has fallen mostly due to a reduction in staff costs.
```
```
Ireportedin2020thatIwasexpectingadeficitonordinaryactivitiesforthenextfewyears.Thedeficitis still
significant but has reduced again this year. Membership levels remain a concern but are beginning to rise again.
```
```
I alsoreporteach year thatthe Trusteeshave set a reservespolicyof holdingaroundone year'sordinary expenditure
in general funds to cover a suddenloss of income and to meet any other unforeseencircumstancesso that a large one
offexpenditurewouldnotcompromisethefinancialwellbeingoftheFederation.Ordinaryexpenditurewas around
£75,000 last year but even with a deficit again this year reserves are still higher than this figure.
```
```
DuringthefinancialyeartheFederation'sfinancialinternalcontrolshavebeenreviewedagainstcharity commission
guidelinesandtheTrusteesarefurtherconsideringothermajorriskstowhichtheFederationcouldbeexposed and
are taking the necessary steps to mitigate any such risks.
```
```
AllthreelevelsoftheWIorganizationcontinuetoexperiencefinancialdifficulties.TheFederationis however
continuingtoimplementthethree-yearplantobringusbacktoa surplusanda thoroughexaminationoffinances is
planned for early January 2024 as an interim budget was showing a deficit of £15,000 for the current financial year.
```
```
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
........................................................................
Mrs C M Hurley - Trustee
```
```
Page 3
```
## **`Independent Examiner's Report to the Trustees of Suffolk East Federation of Womens Institutes`**
## **`Independent examiner's report to the trustees of Suffolk East Federation of Womens Institutes ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 October 2023.
```
## **`Responsibilities and basis of report`**
```
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006
Actandareeligibleforindependentexamination,I reportinrespectof my examinationof yourcharity'saccounts as
carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
M J Mortimer FCA FCCA
```
```
Ballams Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ
```
```
Date: .............................................
```
```
Page 4
```
## **`Suffolk East Federation of Womens`**
## **`Institutes`**
## **`Statement of Financial Activities`**
## **`for the Year Ended 31 October 2023`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`Services to members and federation activities`
**`99,127`**
`Other trading activities`
`2`
**`2,664`**
`Investment income`
`3`
**`5,990`**
**`Total`**
**`107,781`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Services to members and federation activities`
**`121,552`**
`Net gains/(losses) on investments`
**`(1,636)`**
**`NET INCOME/(EXPENDITURE)`**
**`(15,407)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`220,597`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`205,190`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
**`99,127`**
**`2,664`**
**`5,990`**
**`107,781`**
**`121,552`**
**`(1,636)`**
**`(15,407)`**
**`220,597`**
**`205,190`**|`2022`
`Total`
`funds`
`£`
`167,520`
`2,191`
`5,171`
`174,882`
`193,775`
`(10,973)`
`(29,866)`
`250,463`
`220,597`|
|---|---|---|---|
```
The notes form part of these financial statements
```
```
Page 5
```
## **`Suffolk East Federation of Womens`**
## **`Institutes`**
## **`Statement of Financial Position`**
## **`31 October 2023`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`8`
**`71,606`**
`Investments`
`9`
**`111,508`**
**`183,114`**
**`CURRENT ASSETS`**
`Stocks`
`10`
**`3,759`**
`Debtors`
`11`
**`3,221`**
`Cash at bank and in hand`
**`28,403`**
**`35,383`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(13,307)`**
**`NET CURRENT ASSETS`**
**`22,076`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`205,190`**
**`NET ASSETS`**
**`205,190`**
**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
**`71,606`**
**`111,508`**
**`183,114`**
**`3,759`**
**`3,221`**
**`28,403`**
**`35,383`**
**`(13,307)`**
**`22,076`**
**`205,190`**
**`205,190`**
**`205,190`**
**`205,190`**|`2022`
`Total`
`funds`
`£`
`72,530`
`113,144`
`185,674`
`3,937`
`1,354`
`50,714`
`56,005`
`(21,082)`
`34,923`
`220,597`
`220,597`
`220,597`
`220,597`|
|---|---|---|---|
```
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 October 2023.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 October 2023 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
```
```
continued...
```
```
Page 6
```
```
Suffolk East Federation of Womens
Institutes
```
## **`Statement of Financial Position - continued`**
## **`31 October 2023`**
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies
subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
C M Hurley - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Notes to the Financial Statements for the Year Ended 31 October 2023`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, with
theexceptionofinvestmentswhichareincludedatmarketvalue,asmodifiedbytherevaluationof certain
assets.
```
## **`Income`**
```
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
```
```
Freehold property- not provided
Fixtures and fittings- 25% on reducing balance
Computer equipment- 33% on cost
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and
slow moving items.
```
## **`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.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
```
continued...
```
```
Page 8
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 October 2023`**
## **`2. OTHER TRADING ACTIVITIES`**
|**`2.`**|**`OTHER TRADING ACTIVITIES`**|||
|---|---|---|---|
|||**`2023`**|`2022`|
|||**`£`**|`£`|
||`Fundraising events`|**`2,664`**|`2,191`|
|**`3.`**|**`INVESTMENT INCOME`**|||
|||**`2023`**|`2022`|
|||**`£`**|`£`|
||`Other fixed asset investments`|**`5,990`**|`5,171`|
|**`4.`**|**`NET INCOME/(EXPENDITURE)`**|||
||`Net income/(expenditure) is stated after charging/(crediting):`|||
|||**`2023`**|`2022`|
|||**`£`**|`£`|
||`Depreciation - owned assets`|**`1,606`**|`1,765`|
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2023norforthe year
ended 31 October 2022.
```
## **`Trustees' expenses`**
```
During the year trustees' expenses totalled £4,664 and were paid to all 9 trustees in respect of travel costs.
```
## **`6. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
|`Office administration`
`No employees received emoluments in excess of £60,000.`
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`Services to members and federation activities`
`167,520`
`Other trading activities`
`2,191`
`Investment income`
`5,171`
**`Total`**
`174,882`|**`2023`**
**`3`**
`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`|`2022`
`3`
`Total`
`funds`
`£`
`167,520`
`2,191`
`5,171`
`174,882`|
|---|---|---|
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
## **`EXPENDITURE ON`**
```
continued...
```
```
Page 9
```
```
Institutes
```
## **`Suffolk East Federation of Womens`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2023`**
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
|`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
**`Charitable activities`**
`Services to members and federation activities`
`193,775`
`-`
`Net gains/(losses) on investments`
`(10,973)`
`-`
**`NET INCOME/(EXPENDITURE)`**
`(29,866)`
`-`
**`Transfers between funds`**
`30,000`
`(30,000)`
**`Net movement in funds`**
`134`
`(30,000)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`220,463`
`30,000`
**`TOTAL FUNDS CARRIED FORWARD`**
`220,597`
`-`
**`8.`**
**`TANGIBLE FIXED ASSETS`**
`Fixtures`
`Freehold`
`and`
`Computer`
`property`
`fittings`
`equipment`
`£`
`£`
`£`
**`COST`**
`At 1 November 2022`
**`67,450`**
**`23,755`**
**`651`**
`Additions`
**`-`**
**`-`**
**`682`**
`At 31 October 2023`
**`67,450`**
**`23,755`**
**`1,333`**
**`DEPRECIATION`**
`At 1 November 2022`
**`-`**
**`19,109`**
**`217`**
`Charge for year`
**`-`**
**`1,162`**
**`444`**
`At 31 October 2023`
**`-`**
**`20,271`**
**`661`**
**`NET BOOK VALUE`**
`At 31 October 2023`
**`67,450`**
**`3,484`**
**`672`**
`At 31 October 2022`
`67,450`
`4,646`
`434`|`Total`
`funds`
`£`
`193,775`
`(10,973)`
`(29,866)`
`-`
`(29,866)`
`250,463`
`220,597`
`Totals`
`£`
**`91,856`**
**`682`**
**`92,538`**
**`19,326`**
**`1,606`**
**`20,932`**
**`71,606`**
`72,530`|
|---|---|
```
continued...
```
```
Page 10
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 October 2023`**
## **`9. FIXED ASSET INVESTMENTS`**
|**`MARKET VALUE`**
`At 1 November 2022`
`Revaluations`
`At 31 October 2023`
**`NET BOOK VALUE`**
`At 31 October 2023`
`At 31 October 2022`
`There were no investment assets outside the UK.`
`Cost or valuation at 31 October 2023 is represented by:`
`Valuation in 2023`
`Cost`
**`10.`**
**`STOCKS`**
`Stocks`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`|`Listed`
`investments`
`£`
**`113,144`**
**`(1,636)`**
**`111,508`**
**`111,508`**
`113,144`
**`Listed`**
**`investments`**
**`£`**
**`57,012`**
**`54,496`**
**`111,508`**
**`2023`**
`2022`
**`£`**
`£`
**`3,759`**
`3,937`
**`2023`**
`2022`
**`£`**
`£`
**`1,998`**
`1,354`
**`1,223`**
`-`
**`3,221`**
`1,354`|
|---|---|
```
continued...
```
```
Page 11
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 October 2023`**
## **`12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Other creditors`
**`13.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are a`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Holiday Fund`
**`TOTAL FUNDS`**|`s follows:`
`Incoming`
`resources`
`£`
**`107,781`**
**`107,781`**
`At`
`1.11.21`
`£`
`220,463`
`30,000`
`250,463`|`At`
`1.11.22`
`£`
**`220,597`**
**`220,597`**
`Resources`
`expended`
`£`
**`(121,552)`**
**`(121,552)`**
`Net`
`movement`
`in funds`
`£`
`(29,866)`
`-`
`(29,866)`|**`2023`**
`2022`
**`£`**
`£`
**`13,307`**
`21,082`
`Net`
`movement`
`At`
`in funds`
`31.10.23`
`£`
`£`
**`(15,407)`**
**`205,190`**
**`(15,407)`**
**`205,190`**
`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
**`(1,636)`**
**`(15,407)`**
**`(1,636)`**
**`(15,407)`**
`Transfers`
`between`
`At`
`funds`
`31.10.22`
`£`
`£`
`30,000`
`220,597`
`(30,000)`
`-`
`-`
`220,597`|
|---|---|---|---|
```
continued...
```
```
Page 12
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 October 2023`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`174,882`
`174,882`|`Resources`
`expended`
`£`
`(193,775)`
`(193,775)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(10,973)`
`(29,866)`
`(10,973)`
`(29,866)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(10,973)`
`(29,866)`
`(10,973)`
`(29,866)`|
|---|---|---|---|---|
|||||`(29,866)`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Holiday Fund`
**`TOTAL FUNDS`**|`At`
`1.11.21`
`£`
`220,463`
`30,000`
`250,463`|`Net`
`movement`
`in funds`
`£`
`(45,273)`
`-`
`(45,273)`|`Transfers`
`between`
`funds`
`£`
`30,000`
`(30,000)`
`-`|`At`
`31.10.23`
`£`
`205,190`
`-`|
|---|---|---|---|---|
|||||`205,190`|
```
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`282,663`
`282,663`|`Resources`
`expended`
`£`
`(315,327)`
`(315,327)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(12,609)`
`(45,273)`
`(12,609)`
`(45,273)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(12,609)`
`(45,273)`
`(12,609)`
`(45,273)`|
|---|---|---|---|---|
|||||`(45,273)`|
```
continued...
```
```
Page 13
```
```
Suffolk East Federation of Womens
```
```
Institutes
```
```
Notes to the Financial Statements - continued
for the Year Ended 31 October 2023
```
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 October 2023.
```
```
Page 14
```
## **`Suffolk East Federation of Womens`**
## **`Institutes`**
|**`INCOME AND ENDOWMENTS`**
**`Other trading activities`**
`Fundraising events`
**`Investment income`**
`Other fixed asset investments`
**`Charitable activities`**
`Services to members`
`Federation committee activity`
`Federation women's institutes`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Services to members`
`Federation committee activity`
**`Support costs`**
**`Governance costs`**
`Wages`
`Establishment expenses`
`Total resources expended`
**`Net expenditure`**|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 October 2023`**|`2023`
`£`
**`2,664`**
**`5,990`**
**`16,722`**
**`53,391`**
**`29,014`**
**`99,127`**
**`107,781`**
**`20,198`**
**`44,007`**
**`64,205`**
**`35,748`**
**`21,599`**
**`57,347`**
**`121,552`**
**`(13,771)`**|`2022`
`£`
`2,191`
`5,171`
`15,794`
`123,619`
`28,107`
`167,520`
`174,882`
`23,199`
`109,850`
`133,049`
`41,533`
`19,193`
`60,726`
`193,775`
`(18,893)`|
|---|---|---|---|
|||||
```
This page does not form part of the statutory financial statements
```
```
Page 15
```