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 2025
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 2025
|
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 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31October2025.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
raisedbyindividualmembersor byWIs.Onemandatewaspassednationallythisyearwhichis titledBystanders can
beLifesaversandencouragesmemberstolearnCPRandimproveaccesstodefibrillators.Meanwhile,we have
continuedtovoiceconcernoverplasticparticlesinouroceans,alleviatingloneliness,foodwasteand sustainability,
Autism and ADHD in women and girls, the lack of availabilityof NHS Dentists,along with other associatedsubjects. On
a locallevel the Federationremainsactivewithinthe Suffolkcommunityin its associationwith the Suffolk Agricultural
Association by being at the Suffolk Show and the Suffolk Wildlife Trust.
Significant activities
The Federation uses its website and Facebook to 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 4th 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 takeon thecourses.Ourdedicatedtutorsandadminteamworkhardto providethebestcourses we
can, however, the student numbers have dropped to such an extent that this is the last year of Creative Stitch.
Oursub-committeesareexperiencingaresurgenceininterestintheircoursesandeventswhichisencouraging. A
federationwidemembers'surveyhasbeencarriedoutandtheanswersanalysedandbeenfedintoour three-year
plan.
Eventsanddayschools,forexamplelinocutting,paintingwithwatercolours,goldworkembroideryhavebeen well
attended,ashavethemedlunchessuchasourliterarylunch.Wecontinuetoinvolvemembersinthechoosing of
speakersfor our SpeakerDirectorythroughour SpeakerShowcases.New Age Kurlingsessions,a Winterconcertand a
day out to Peterboroughto see "The Longest Yarn" - a knittedand crocheteddepictionof the D Day landingsshow the
diversity of what is offered to our members.
OurAdviserteamcontinuetoworkhardsupportingourWIsaswellasorganisingsuccessfulquizzesand delivering
training for WI officers and committees.
ACHIEVEMENTS 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 2025
ACHIEVEMENTS 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
SEFWIBoardofTrusteesconsistsof11membersandrepresents87WIswitharound2700members.TheBoard has
met for 11 business meetings and two special meetings during the past year.Four 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 (appointed 4.3.25)
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
Mrs K A Last (appointed 5.3.25)
Company Secretary
Mrs G Denny
Page 2
Suffolk East Federation of Womens
Institutes
Report of the Trustees for the Year Ended 31 October 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
M J Mortimer FCA FCCA
Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ
TREASURER'S REPORT
In 2024-25SuffolkEastFederationmade a surpluson ordinaryactivitiesof £1,384.Our M & G investmentwas sold at
the end of the financialyear resultingin a realizedgain of £7,637.The annualrevaluationof the remaining investment
hasresultedin anunrealisedlossthisyearof £952andthusthereis anoverallsurplusof £8,069.The fundsfrom the
investment sale were not in SEFWI's bank account by the year end and are therefore shown in debtors.
A deficiton ordinaryactivitieshad been budgetedfor 2024-25but we made a small surplusdue mainlyto an increase
in membership fee income and a larger surplus on running the quiet cafe at the Suffolk Show. No major expenditure on
repairs was required and overall ordinary expenditure has 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
£65,000 but reserves remain 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.
AllthreelevelsoftheWIorganizationcontinuetoexperiencesomefinancialdifficulty.Withthecurrent problems
facing the organisationit is difficult to predict membership income for 2025/26 althoughthere are signs that uptake on
committeeeventsandthereforeincomeisimproving.SEFWIhassetacurrentbudgetdeficitof£10,000although we
are working towards reducing this to a break even position.
Approved by order of the board of trustees on 13 January 2026 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 2025.
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
13 January 2026
Page 4
Suffolk East Federation of Womens
Institutes
Statement of Financial Activities
for the Year Ended 31 October 2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Services to members and federation activities
77,994
Other trading activities
2
2,965
Investment income
3
5,891
Total
86,850
EXPENDITURE ON
Charitable activities
Services to members and federation activities
85,466
Net gains on investments
6,685
NET INCOME
8,069
RECONCILIATION OF FUNDS
Total funds brought forward
211,289
TOTAL FUNDS CARRIED FORWARD
219,358 |
Restricted
funds
£
-
-
-
-
-
-
-
-
- |
2025
Total
funds
£
77,994
2,965
5,891
86,850
85,466
6,685
8,069
211,289
219,358 |
2024
Total
funds
£
101,195
2,805
5,722 |
|
|
|
109,722 |
|
|
|
113,847 |
|
|
|
10,224 |
|
|
|
6,099
205,190 |
|
|
|
211,289 |
The notes form part of these financial statements
Page 5
Suffolk East Federation of Womens
Institutes
Statement of Financial Position
31 October 2025
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
8
69,682
Investments
9
59,714
129,396
CURRENT ASSETS
Stocks
10
2,909
Debtors
11
70,837
Cash at bank and in hand
26,390
100,136
CREDITORS
Amounts falling due within one year
12
(10,174)
NET CURRENT ASSETS
89,962
TOTAL ASSETS LESS CURRENT LIABILITIES
219,358
NET ASSETS
219,358
FUNDS
13
Unrestricted funds
TOTAL FUNDS |
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
- |
2025
Total
funds
£
69,682
59,714
129,396
2,909
70,837
26,390
100,136
(10,174)
89,962
219,358
219,358
219,358
219,358 |
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 |
|
|
|
|
The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year
ended 31 October 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 October 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
continued...
Page 6
Suffolk East Federation of Womens
Institutes
Statement of Financial Position - continued
31 October 2025
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon13January2026 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 2025
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 2025
2. OTHER TRADING ACTIVITIES
OTHER TRADING ACTIVITIES |
|
|
|
2025 |
2024 |
|
£ |
£ |
Fundraising events |
2,965 |
2,805 |
INVESTMENT INCOME |
|
|
|
2025 |
2024 |
|
£ |
£ |
Other fixed asset investments |
5,891 |
5,722 |
NET INCOME/(EXPENDITURE) |
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
2025 |
2024 |
|
£ |
£ |
Depreciation - owned assets |
972 |
1,437 |
3.
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2025norforthe year
ended 31 October 2024.
Trustees' expenses
During the year trustees' expenses totalled £5,319 and were paid to all 11 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
101,195
Other trading activities
2,805
Investment income
5,722
Total
109,722 |
2025
3
Restricted
funds
£
-
-
-
- |
2024
3
Total
funds
£
101,195
2,805
5,722
109,722 |
|
|
|
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 2025
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
Charitable activities
Services to members and federation activities
113,847
-
Net gains on investments
10,224
-
NET INCOME
6,099
-
RECONCILIATION OF FUNDS
Total funds brought forward
205,190
-
TOTAL FUNDS CARRIED FORWARD
211,289
-
8.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
and
Computer
property
fittings
equipment
£
£
£
COST
At 1 November 2024 and 31 October 2025
67,450
24,240
1,333
DEPRECIATION
At 1 November 2024
-
21,264
1,105
Charge for year
-
744
228
At 31 October 2025
-
22,008
1,333
NET BOOK VALUE
At 31 October 2025
67,450
2,232
-
At 31 October 2024
67,450
2,976
228 |
Total
funds
£
113,847 |
|
10,224 |
|
6,099
205,190 |
|
211,289 |
|
Totals
£
93,023
22,369
972
23,341
69,682
70,654 |
continued...
Page 10
Suffolk East Federation of Womens
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 October 2025
9. FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 November 2024
Disposals
Revaluations
At 31 October 2025
NET BOOK VALUE
At 31 October 2025
At 31 October 2024
There were no investment assets outside the UK.
Cost or valuation at 31 October 2025 is represented by:
Valuation in 2025
Cost
10.
STOCKS
Stocks
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors |
Listed
investments
£
121,732
(24,496)
(37,522)
59,714
59,714
121,732
Listed
investments
£
29,714
30,000
59,714
2025
2024
£
£
2,909
3,112
2025
2024
£
£
1,244
3,329
69,593
1,188
70,837
4,517 |
|
|
continued...
Page 11
Suffolk East Federation of Womens
Institutes
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS |
At
1.11.24
£
211,289
211,289 |
2025
£
10,174
Net
movement
in funds
£
8,069
8,069 |
2024
£
14,788
At
31.10.25
£
219,358 |
2024
£
14,788 |
|
|
|
219,358 |
|
13. MOVEMENT IN FUNDS
Net movement in funds, included in the above are as follows:
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
Unrestricted funds |
|
|
|
|
General fund |
86,850 |
(85,466) |
6,685 |
8,069 |
TOTAL FUNDS |
86,850 |
(85,466) |
6,685 |
8,069 |
Comparatives for movement in funds
At
1.11.23
£
Unrestricted funds
General fund
205,190
TOTAL FUNDS
205,190
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
109,722
(113,847)
TOTAL FUNDS
109,722
(113,847) |
Net
movement
At
in funds
31.10.24
£
£
6,099
211,289
6,099
211,289
Gains and
Movement
losses
in funds
£
£
10,224
6,099
10,224
6,099 |
|
|
continued...
Page 12
Suffolk East Federation of Womens
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 October 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
TOTAL FUNDS |
At
1.11.23
£
205,190
205,190 |
Net
movement
in funds
£
14,168
14,168 |
At
31.10.25
£
219,358 |
|
|
|
219,358 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
Unrestricted funds |
|
|
|
|
General fund |
196,572 |
(199,313) |
16,909 |
14,168 |
TOTAL FUNDS |
196,572 |
(199,313) |
16,909 |
14,168 |
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2025.
Page 13
Suffolk East Federation of Womens
Institutes
Detailed Statement of Financial Activities
for the Year Ended 31 October 2025
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 income/(expenditure) before gains and
losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments
Net income/(expenditure) |
2025
£
2,965
5,891
11,409
30,529
36,056
77,994
86,850
13,670
20,321
33,991
36,076
15,399
51,475
85,466
1,384
44,207
45,591 |
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)
-
(4,125) |
|
|
|
This page does not form part of the statutory financial statements
Page 14