``` 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 2024 ``` ``` for ``` ``` Suffolk East Federation of Womens Institutes ``` ``` Knights Lowe Ltd 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 2024 ``` ||**`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 13`| |**`Detailed Statement of Financial Activities`**|`14`| ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Report of the Trustees`** ## **`for the Year Ended 31 October 2024`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31October2024.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` We continue to further our aims and objectives by recommendingthat government action be taken in areas of concern raisedbyindividualmembersorbyWIs.Onemandatewaspassednationallythisyearandcallsforanincrease in dentalservicesontheNHS.Meanwhile,we havecontinuedtovoiceconcernoverthesubtlesignsof ovarian cancer, plasticparticlesinouroceans,alleviatingloneliness,foodwasteandsustainability,AutismandADHDinwomen and girls, along with other associatedsubjects.On a local level the Federationremains active within the Suffolk community in its association with the Suffolk Agricultural Association by being at the Suffolk Show and the Suffolk Wildlife Trust. ``` ## **`Significant activities`** ``` TheFederationhasa regularcolumnintheEastAnglianDailyTimesgivinganopportunitytoshownon-members the broadscopeofWIactivitiesandinterests.SomeofthesecolumnshavefocussedonNFWIcampaigns.Weuse the website and Facebook to further keep members informed and promote the organisation. ``` ``` FinancialandadministrativedecisionsweremadewithinapolicymeetinginNovember.ThreeNational Council Meetings,heldbyZoomwereattendedbyTinaHurley,inhercapacityasFederationChairman,andVivienHartill as FederationTreasurer.TrusteeshaveattendedWImeetingsandcelebrationswithinourfederation,withoneof our WIs celebrating their centenary. ``` ``` Our Annual Meeting was held on 5th March at Trinity Park. ``` ``` OurownSuffolkEastWIcertificatedcourseswithCreativeStitchofferstudentsachancetodeveloptheirskills in design and techniques.The distance learning option for the courses gives studentsfrom other parts of the country the opportunityto take on the courses.Seventeen studentsgraduatedin 2024.Their show of work was held at Needham Market in July and was a stunningdisplay.Our dedicatedtutors and admin team are working hard to provide the best courses we can. ``` ``` Oursub-committeesarestillfindingplanningeventsdifficult,whetherthelonglastingeffectsofthepandemicor a generallyagingmembersareresponsibleisnotwhollyknown.Tohelpwithfutureplanning,afederation wide members' survey has been carried out and the answers are being analysed now to feed into our three-year plan. ``` ``` Eventsanddayschools,forexamplelinocutting,paintingwithwatercolours,goldworkembroideryhavebeen well attended,ashavethemedlunchessuchasourliterarylunch.Wecontinuetoinvolvemembersinthechoosing of speakersfor ourSpeakerDirectorythroughourSpeakerShowcases.New Age Kurlingsessions,a Christmassy concert, days out to both Cambridge and Rutland Water 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, SuffolkWildlifeTrustandSuffolkAgriculturalAssociation.WearealsomembersofTheFriendsofSuffolk Record Office. ``` ``` Page 1 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Report of the Trustees`** ## **`for the Year Ended 31 October 2024`** ## **`ACHIEVEMENT AND PERFORMANCE`** ## `Acknowledgements` ``` Theboardisextremelygratefulforthesupportgivenbyformerboardmembers,WIAdvisersandour professional advisers.We wish to thank our local office staff for their enthusiasmand dedication,which we value greatly, especially throughanotherchallengingyear.We appreciatethe assistance,understandingand patienceof our partners, families and friends. Without you all we would not achieve the ambitions we have for a successful and united Federation. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ## **`Organisational structure`** ``` SEFWI Board of Trustees consists of 9 members and represents 90 WIs with around 2500 members.The Board has met for 11 businessmeetings and two specialmeetings during the past year. Three of those meetings have 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 W J Heath Mrs C A Peacher (resigned 5.3.24) Mrs L J Leesmith Mrs C M Hurley Ms A Scruby Mrs J E Pearson Mrs A Robertson Mrs J Wightman Mrs D R Totten (appointed 4.3.24) ``` ## **`Company Secretary`** ``` Mrs G Denny ``` ## **`Independent Examiner`** ``` M J Mortimer FCA FCCA Knights Lowe Ltd Chartered Accountants Crane Court 302 London Road Ipswich Suffolk IP2 0AJ ``` ``` Page 2 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Report of the Trustees`** ## **`for the Year Ended 31 October 2024`** ## **`TREASURER'S REPORT`** ``` In2023-24SuffolkEastFederationmadeadeficitonordinaryactivitiesof£4,125.Theannualrevaluation of investments has resulted in an unrealised gain this year of £10,224 and thus there is an overall surplus of £6,099. ``` ``` Adeficitonordinaryactivitieswasexpectedbutitwasmuchlowerthanbudgetduemainlytothetransferto the incomeandexpenditureaccountofsuspendedinstitutefeesafterthethreeyearwaitingperiod.Membership levels haverisenslightlyagain.Nomajorexpenditureonrepairswasrequiredandoverallordinaryexpenditurehas fallen again this year. ``` ``` IreporteachyearthattheTrusteeshavesetareservespolicyofholdingaroundoneyear'sordinaryexpenditure in general funds to cover a sudden loss of income and to meet any other unforeseen circumstancesso that a large one off expenditurewouldnotcompromisethefinancialwellbeingoftheFederation.Ordinaryexpenditurewas around £77,000 but reserves are still higher than this figure. ``` ``` DuringthefinancialyeartheFederation'sfinancialinternalcontrolshavebeenreviewedagainstcharity commission guidelines and the Trustees are further consideringother major risks to which the Federationcould be exposed and are taking the necessary steps to mitigate any such risks. ``` ``` Allthreelevelsof theWIorganizationcontinuetoexperiencesomefinancialdifficulty.TheFederationis aboutto set anotherthree-yearplantobringusbacktoasurplusandathoroughexaminationoffinancesisplannedfor early January 2025. An interim budget is showing a deficit of £14,250 for the current financial year. ``` ``` Approved by order of the board of trustees on 14 January 2025 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 2024. ``` ## **`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'). ``` ``` Having satisfied myself that the accountsof the Company are not required to be audited under Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examinationI 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 ``` ``` Knights Lowe Ltd 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 2024`** |`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`Services to members and federation activities`
**`101,195`**
`Other trading activities`
`2`
**`2,805`**
`Investment income`
`3`
**`5,722`**
**`Total`**
**`109,722`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Services to members and federation activities`
**`113,847`**
`Net gains/(losses) on investments`
**`10,224`**
**`NET INCOME/(EXPENDITURE)`**
**`6,099`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`205,190`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`211,289`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`101,195`**
**`2,805`**
**`5,722`**
**`109,722`**
**`113,847`**
**`10,224`**
**`6,099`**
**`205,190`**
**`211,289`**|`2023`
`Total`
`funds`
`£`
`99,127`
`2,664`
`5,990`
`107,781`
`121,552`
`(1,636)`
`(15,407)`
`220,597`
`205,190`| |---|---|---|---| ``` The notes form part of these financial statements ``` ``` Page 5 ``` ## **`Suffolk East Federation of Womens`** ## **`Institutes`** ## **`Statement of Financial Position`** ## **`31 October 2024`** |`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`8`
**`70,654`**
`Investments`
`9`
**`121,732`**
**`192,386`**
**`CURRENT ASSETS`**
`Stocks`
`10`
**`3,112`**
`Debtors`
`11`
**`4,517`**
`Cash at bank and in hand`
**`26,062`**
**`33,691`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(14,788)`**
**`NET CURRENT ASSETS`**
**`18,903`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`211,289`**
**`NET ASSETS`**
**`211,289`**
**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`70,654`**
**`121,732`**
**`192,386`**
**`3,112`**
**`4,517`**
**`26,062`**
**`33,691`**
**`(14,788)`**
**`18,903`**
**`211,289`**
**`211,289`**
**`211,289`**
**`211,289`**|`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`| |---|---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year ended 31 October 2024. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 October 2024 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 2024`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon14January2025 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 2024`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe 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 income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualratesin order to write off each assetover 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. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ``` continued... ``` ``` Page 8 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 October 2024`** ## **`2. OTHER TRADING ACTIVITIES`** |**`OTHER TRADING ACTIVITIES`**||| |---|---|---| ||**`2024`**|`2023`| ||**`£`**|`£`| |`Fundraising events`|**`2,805`**|`2,664`| |**`INVESTMENT INCOME`**||| ||**`2024`**|`2023`| ||**`£`**|`£`| |`Other fixed asset investments`|**`5,722`**|`5,990`| |**`NET INCOME/(EXPENDITURE)`**||| |`Net income/(expenditure) is stated after charging/(crediting):`||| ||**`2024`**|`2023`| ||**`£`**|`£`| |`Depreciation - owned assets`|**`1,437`**|`1,606`| ## **`3.`** ## **`4. NET INCOME/(EXPENDITURE)`** ## **`5. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2024norforthe year ended 31 October 2023. ``` ## **`Trustees' expenses`** ``` During the year trustees' expenses totalled £5,475 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`
`99,127`
`Other trading activities`
`2,664`
`Investment income`
`5,990`
**`Total`**
`107,781`|**`2024`**
**`3`**
`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`|`2023`
`3`
`Total`
`funds`
`£`
`99,127`
`2,664`
`5,990`
`107,781`| |---|---|---| ## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** ## **`EXPENDITURE ON`** ``` continued... ``` ``` Page 9 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 October 2024`** ## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
**`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`
`-`
**`8.`**
**`TANGIBLE FIXED ASSETS`**
`Fixtures`
`Freehold`
`and`
`Computer`
`property`
`fittings`
`equipment`
`£`
`£`
`£`
**`COST`**
`At 1 November 2023`
**`67,450`**
**`23,755`**
**`1,333`**
`Additions`
**`-`**
**`485`**
**`-`**
`At 31 October 2024`
**`67,450`**
**`24,240`**
**`1,333`**
**`DEPRECIATION`**
`At 1 November 2023`
**`-`**
**`20,271`**
**`661`**
`Charge for year`
**`-`**
**`993`**
**`444`**
`At 31 October 2024`
**`-`**
**`21,264`**
**`1,105`**
**`NET BOOK VALUE`**
`At 31 October 2024`
**`67,450`**
**`2,976`**
**`228`**
`At 31 October 2023`
`67,450`
`3,484`
`672`|`Total`
`funds`
`£`
`121,552`
`(1,636)`
`(15,407)`
`220,597`
`205,190`
`Totals`
`£`
**`92,538`**
**`485`**
**`93,023`**
**`20,932`**
**`1,437`**
**`22,369`**
**`70,654`**
`71,606`| |---|---| ``` continued... ``` ``` Page 10 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 October 2024`** ## **`9. FIXED ASSET INVESTMENTS`** |**`MARKET VALUE`**
`At 1 November 2023`
`Revaluations`
`At 31 October 2024`
**`NET BOOK VALUE`**
`At 31 October 2024`
`At 31 October 2023`
`There were no investment assets outside the UK.`
`Cost or valuation at 31 October 2024 is represented by:`
`Valuation in 2024`
`Cost`
**`10.`**
**`STOCKS`**
`Stocks`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`|`Listed`
`investments`
`£`
**`111,508`**
**`10,224`**
**`121,732`**
**`121,732`**
`111,508`
**`Listed`**
**`investments`**
**`£`**
**`67,236`**
**`54,496`**
**`121,732`**
**`2024`**
`2023`
**`£`**
`£`
**`3,112`**
`3,759`
**`2024`**
`2023`
**`£`**
`£`
**`3,329`**
`1,998`
**`1,188`**
`1,223`
**`4,517`**
`3,221`| |---|---| ``` continued... ``` ``` Page 11 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 October 2024`** ## **`12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Other creditors`
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At`
`1.11.23`
`£`
**`205,190`**
**`205,190`**|**`2024`**
**`£`**
**`14,788`**
`Net`
`movement`
`in funds`
`£`
**`6,099`**
**`6,099`**|`2023`
`£`
`13,307`
`At`
`31.10.24`
`£`
**`211,289`**|`2023`
`£`
`13,307`| |---|---|---|---|---| ||||**`211,289`**|| ## **`13. MOVEMENT IN FUNDS`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`109,722`**
**`109,722`**|`Resources`
`expended`
`£`
**`(113,847)`**
**`(113,847)`**|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
**`10,224`**
**`6,099`**
**`10,224`**
**`6,099`**| |---|---|---|---| ## **`Comparatives for movement in funds`** |`At`
`1.11.22`
`£`
**`Unrestricted funds`**
`General fund`
`220,597`
**`TOTAL FUNDS`**
`220,597`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`107,781`
`(121,552)`
**`TOTAL FUNDS`**
`107,781`
`(121,552)`|`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)`| |---|---| ``` continued... ``` ``` Page 12 ``` ``` Suffolk East Federation of Womens ``` ``` Institutes ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 October 2024`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At`
`1.11.22`
`£`
`220,597`
`220,597`|`Net`
`movement`
`in funds`
`£`
`(9,308)`
`(9,308)`|`At`
`31.10.24`
`£`
`211,289`| |---|---|---|---| ||||`211,289`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`217,503`
`217,503`|`Resources`
`expended`
`£`
`(235,399)`
`(235,399)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`8,588`
`(9,308)`
`8,588`
`(9,308)`| |---|---|---|---| ## **`14. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 October 2024. ``` ``` Page 13 ``` ``` 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 2024`**|`2024`
`£`
**`2,805`**
**`5,722`**
**`22,680`**
**`46,642`**
**`31,873`**
**`101,195`**
**`109,722`**
**`27,911`**
**`35,729`**
**`63,640`**
**`34,271`**
**`15,936`**
**`50,207`**
**`113,847`**
**`(4,125)`**|`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)`| |---|---|---|---| ||||| ``` This page does not form part of the statutory financial statements ``` ``` Page 14 ```