THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTtruTES
Charity reglstratlon number 1042705
Company registration number 02996091 {England and Wales)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs L Oldham
Mrs B Thurgood, Chair
Mrs J M Turner
Mrs J Bennett
Ms GA Booton
Mrs A J Wadey
Mrs S E Forde
Mrs Y J Openshaw
Mrs J V Wardale
Mrs C P Williams
Mrs C L Jones
{Appointed 18 July 2024)
(Appointed 21 May 2024)
{Appointed 21 May 2024)
(Appointed 21 May 2024)
(Appointed 21 May 2024)
(Appointed 14 January 2025)
Charlty number
1042705
Company number
02996091
Registered office
9 Park Pl&a
Battl8field Enterprise Park
Shrewsbury
Shropshire
SY13AF
Independent examiner
Dyke Yaxley Limited
1 Brassey Road
Old Potts Way
shreY￿bUry
Shropshire
SY3 7FA

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
CONTENTS
Page
Chaiman's statement
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-20

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024 was in some ways a very sad year for us, we had five long standing Trustees who stepped down from the
Board after the 2024 Annual Meeting, Glenys IAheeler, Dorothy Henderson, Hilary Lewis and Jane Taylor who have
all held Officers roles over the years, and to Carol Wolfe, who supported our teams, as well as digital and PR.
As it was eledion year Joanne Wardale, Sandra Forde, Yvette Openshaw and Christine Williams were nominated
and given a warm welcome on their election to the Board of Trustees. They spent some time observing meetings
before taking this step. It has been a year of change as Trustee, Margaret O'Neill resigned in June 2024, leaving
vacancy for the Treasurer role and Ann Owen resigned at the end of November 2024.
In Juty 2024, one of our IFE'S. a Wl Treasurer and person of relevant experience, Angela Wadey showed an interest
in joining the Trustees. She observed our July meeting and agreed to be nominated by the Board to take on the role
of Treasurer which she began in August 2024. In November 2024, Christine Jones agr8ed to consider co-option
onto the Board and obs@￿ed the final two meets'ngs of the year.
The Board of Trustees met ten times during 2024, wilh observers attending in July and December. All new Trustees
undertook Trustee training and most existing Trustees completed a refresher. The information gained from this will
help with planning next steps for the Federation and its members. The Chair and Treasurgr attended virtual
meetings for National Council.
The Federation faced challenges from NFW as they changed their stsnck on Judges and Vll Advisers. The
Federation has responded to the NFWI consultation process regarding the proposed changes to the Constitution.
NFVM released information about Denman Grant applicats'ons and the new Wl Lottery towards the end of 2024
which the Federation will give due attention to in 2025.
The NFVII Annual Meeting was held at The Royal Albert Hall in London. Many of the Board of Trustees, I
Advisers, Delegates and Observers attended. This was the last in person meeting for three years. In 2024, Ann
Owen supported members to compose Resolutions and attended the short-listing meetings run by NFWI. and
although these proposed resolutions did not get shortlisted, the experience of the process was useful for members.
SFIM Annual Meeting was held on 21 St May 2024 at Theatre Severn, Shrewsbury. The 2023 minutes were agreed.
The Treasurer reported that Ihe 2023 accounts had been independently examined, and the financial statement was
approved. The Governance and standing orders were adopted. The meeting was well attended. The Chair thanked
all the members. the Board of Trustees and the Federation Teams. Our main speaker was Sarah Clarke (Black
Rod). Sarah agreed to come and speak as her mother was a member of St Giles Wl. She was an extremely good
and inspiring speaker.
In the aftemoon the Team Chairs gave a brief synopsis of their adivities and highlighted future events. Each year
Annual Returns completed by Wls help the Trustees and the Teams with their planning. It is pleasing to see that
events are being increasingly well supported by our members- e.g. a visit to Shropshir8 Archives, concert at
Bimiingham Symphony Hall, Calligraphy Skills, Acrylic Painting, Rambles, Quiz Night, Sock making and our Glitz
and Glamour fashion day. In 2024 competitions set by the teams had some good entries, particularly the Coronation
Cup Cushion Cover. The teams continue to recruit from the membership to bring in new ideas and fresh
approaches.
Sadly, since our last meeting four Ims have suspended, Alveley, Churchstoke, Worthen and Wrockwardine &
District. On a positive, Shropshire Federation now has two virtual Wls. Darwin Daisies and Virtual Realty Wl, and
have opened a new Wl. Tibberton & Cherrington. Despite losing Mlls it is pleasing to report that our membership is
still flourishing, with enquiries coming in on a regular basis from a variety of sources, including the SFWI website.
The premises, at Park Plaza have required essential maintenance, roof repairs, new lighting and improved provision
for disability access. Office equipment has been upgraded this year including computers, laptop and phone system.
A large screen television has been donated which enables us to now offer some hybrid meetings.
Communication with members and the public is vitsl for recruf(ment and retention. County News continues to be
sent to Vvls as a hard copy, electmnic or both. It features upcoming events, news about Wls and general information
about vii.

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
CHAIRMAN'S STATEMENT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
We are slowly encouraging more members to embrace digital technology. Wis are contributing to the sFV￿1 website
and a few Vvls have now got a generic email linked to our Sharepoint platform. In addition to the Federation teams,
specific members that are supporting our digital journey are Nicky Popov. Gillian Steedman and Carol Powell. The
Membership and Training Team ran a digrtal training day in October 2024 which attendees found extremely useful.
Our office staff work hard keeping us all up to date. giving everyone a very wami welcome and help wherever they
can. Nikki Tufftiell. our Office Administrator, liaises with NFW, pri)duces County News. gives administration support
to our teams and allocates Independent Financial Examiners who check Wl accounts. Jenny Paterson, our
Bookkeeper is very diligent and keeps all our accounts and bookings in order.
VWe continued to be a visible presence in the Shropshire communty. SFW were represented at Oswesty Show,
had a presence at the Shrewsbury Flower Show and ran a catering marquee at Bupwarton Show. We liaise with the
Young Famiers, National Farmers Union and work closely with our friends at The Abbey.
VVI Day in September was another huge success, the Show put on a fantastic display, Wls showcased themselves,
and refreshments were available all day, catered for by the Federation team and several members.
There was a spectacular display created for Remembrance Day. Credrt to Thembers for producing so many poppies
and the team who put it together.
The Carol Service was well attended, despite issues with parking which we hope to overcome in 2025. The
collection was shared between the Abbey and Sevem Hospi￿. Members also knitted toys for donats.on to the PRH
Phlebotomy UniL
The Trustees and Advisers are developing stronger relationships with other Federations in areas such as dimate
awareness. WIA training and general networking. This helps to unite the I+VI organisation for both the Federation
and our members.
Thank you to each and every one of you for your help and support over the year. Vve could not do this without you.
Mrs B Thurgood
County Chalmian
. 03.
Date: .

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees (who are also directors of the Federation for the purposes of the Companies Act) are pleased to
present their annual report and financial statements for the year ended 31 December 2024, which are also prepared
to meet the requirements for a directors, report and accounts for Companies Act purposes.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the Federation's governing document, the Companies Act 2006 and
"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).
Objectlves and activitles
The principle object of the Federation is to further the purpose of the Women's Institute movement in Shropshire
and elsewhere as defined by the constitution.
PublK benefrt
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Federation should undertake. The trustees consider the objectives and activtties of the charity are of a public
benefit.
Achlevements and perfomiance
Significant activities and achievements against objectives
In order to fulfil the objectives of the Wl movement, Federation sub committees have organised events, workshops
and training for the benefit of members,
For a review of activities, please refer to the Chaimian's Statement on page 1 and 2.
Flnancial review
Going concem
After making appropriate enquiries, the Trustees have a reasonable expectation that the Federation has adeqLJate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the
going concem basis in preparing the financial statements.
ReseThes policy
As at 31 December 2024, the fr88 ￿serveS level of the Federation stands at £131,004 (2023.. £141,925). Free
reseNes are calculated as total unrestricted funds, excluding designated funds, any unrestricted funds tied up in
tangible fixed asset5, and funds committed to future obligations
The calculation is as follows..
Total Unrestricted Funds.. £324,728
Less.. Designated Funds.. £(61,047)
Less: Unrestricted Funds Invested in Fixed Assets= £{132,1 on
Less.. Funds Committed to Future Obligations.. £(570)
Free Reserve5'. £131,004
The Trustees are aware of the level of free reserves but feel these are reasonable in regard to fulfilling the
objectives of the Federation as well as maintaining the county office, and believ6 that th8 reserves need to be at
least equivalent to the normal annual expenditure.
Structure, governance and management
The Shropshire County Federation of Womens Institutes is registered as a charitable company limited by guarantee
and was constituted under a Memarandum of Association dated 29 November 1994. It is registered in England and
Wales Charity Commission, charity number 1042705, and registered with Companies House, number 02996091.

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees. who are also Ihe directors for the purpose of company law. and who served during the year and up to
the date of signature of the financial statements were:
Mrs G Vtheeler
(Resigned 21 June 2024)
Mrs D Henderson
(Resigned 21 May 2024)
Mrs H Lewis
(Resigned 21 May 2024)
Mrs L Oldham
Mrs M E O'Neill
Mrs J Taylor
Mrs B Thurgood, Chair
Mrs J M Turner
Mrs C Wolfe
Mrs J Bennett
Ms G A Boolon
MrsA Owen
Mrs A J Vvadey
Mrs S E Forde
Mrs Y J Openshaw
Mrs J V Wardale
Mrs C P Williams
Mrs C L Jones
(Resigned 24 June 2024)
(Resigned 21 May 2024)
(Resigned 20 May 2024)
(Resigned 25 November 2024)
(Appointed 16 July 2024)
(Appolnted 21 May 2024)
(Appointed 21 May 2024)
(Appointed 21 May 2024)
(Appointed 21 May 2024)
(Appointed 14 January 2025)
Rectuitment and appointment of Inistees
The management of the Federation is the responsibility of the Trustees who are elected and ctropted under the
tems of the Artides of Association.
The Board of Trustees elect the Chairman, Honorary Treasurer and other offices from their own number.
Other m8tte
Risk Management
The Trustees have assessed the major risks to which the charitable Company is exposed. in particular those related
to the operations and finances of the charitable wnpany, and are satisfied that systems and prO￿dureS are in
place to mitigale our exposure to the major risks.
There are a number of trustees that have been in place for more Ihan 9 years. The Federation are constantly
looking for new trustees, however, given the purpose and objectives of the Federation there is a limrted market,
making new trustees difficult to find.
Small Companies Exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small
companies exemption.
The Trustees, report was approved by the Board of Trustees.
Mrs B Thurgood, Chair
Trustee
Date:
lo. 03..

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S
INSTITUTES
I report to the Trustees on my examination of the financial statements of The Shropshire County Federation of
Women's Institutes (the Federation) for the year ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the Federation (and also its directors for the purposes of company law) you are responsible for
the preparation of the financial statements in accordance wtth the requirerT7ents of the Companies Act 2006 (the
2006 Act).
Having satisfied myself that the financial statements of the Federation are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examinats'on. I report in respect of my examination of the
Federation's financial statements carried out under sedion 145 of the Charities Act 2011 {th8 2011 Act). In carrying
out my examination I have followed all the applicable Directions given by the Charity Commission under section
145{5)(b) of the 2011 Act.
Independent examlner's Statement
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me Cause to believe that in any material respect..
accounting records were not kept in respect of the Federation as required by section 386 of the 2006 Act" or
the financial statements do not accord with those records,. or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination; or
the financial statements 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 concems arid 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 financial ststements to be reached.
Audrey Wi
ms FCCA
Dyke Yaxley Limited
1 Brassey Road
Old Potts V+ay
Shrewsbury
Shropshire
SY3 7FA
Dated".
20 lJlS

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
STATEMENT OF FINANCIALACTNITIES
INCLUDING INCOMEAND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted Restrlcted
lunds
funds
2024
2024
Totsl Unrestrlcted Restrlcted
funds
funds
2023
2023
Total
2023
2024
Notes
Income from:
Donations and legacies
Chaiitable activities
Other trading activities
Investments
2.936
70,586
41,255
6,619
4,263
66,860
63.102
4.495
5.111
3,109
69,969
63,102
4.495
5,770
87,650
41.255
6,619
3,723
659
540
Total Income
139,568
3.768
143,336
119.247
3.476
122,723
Expendlture on:
Raising funds
Charitable activities
Other expenditure
3,343
126,820
2,784
154,979
245
2,784
155,254
245
3.343
128,820
275
13
275
158,283
130,183
130,163
Totsl expenditure
158,008
Net incomel{expenditure)
(18,440)
3.493
(14,947)
(10,916)
3,476
(7,440)
Transfers between
funds
3,611
(3,611)
180
(180)
Net movement in
funds
10
(14.829)
(118)
(14.947)
(10,736)
3,296
(7,440)
Reconciliatlon of funds:
Fund balances at 1 January
2024
9,033
359.326
339.557
12,329
351,886
350,293
Fund balances at 31
December 2024
351.886
324,728
12,211
336,939
339,557
12,329
The statement of financial actlvities includes all gains and losses recognised In the year. All income and expenditure
derive from continuing activities.

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
BALANCE SHEET
AS AT31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
15
132,107
133,994
Current assets
Stocks
Debtors
Cash at bank and in hand
1,356
5,539
212,459
1.547
14,623
225,780
17
Credltors: amounts falling due within
one year
219,354
241,960
18
(13,513)
(23,580)
Net current assets
205,841
218.370
Total assets less current Ilabllities
337,948
352,364
Defined benefit pension Ilability
20
(1,009)
(478)
Net assets
338,939
351,886
The funds of the Federation
Restricted income funds
Unrestrloted funds
21
12.211
324,728
12.329
339,557
336,939
351,886
The company is entitled to the exemption from the audit requirement contained in section 477 of the CompanlesAct
2006. for the year ended 31 De￿rnber 2024.
The director acknowledges her responsibilities for comptying with the requirements of the Companies Act 2006 with
respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of it5 financial statements for the year in question in
accordance wfth section 476.
The financial statements were approved by the Trustees on . i o, o 3. 20%5
Mrs B Thurgood, Chair
Trustse
Company registration number 02996091 (England and Wales)

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcies
Charity inforniation
The Shropshire Federation of Women's Institutes is a charitable company limited by guarantee and vras
constituted under a Memorandum of Association dated 29 November 1994. It is registered in England and
Wales Charity Commission, charity number 1042705, and registered with Companies House, number
02996091.
1.1 Accountlng convention
The financial statements have been prepared in accordance with the Federation's goveming document, the
Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. {°FRS 102.) and the Charities SORP °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). The
Federation is a Public Benefit Entity as defined by FRS 102.
The Federation has taken 8dvantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Federats"on. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial ststements, the Truslees have a reasonable expectation that the
Federation has adequate resources to continue in operational existence for the foreseeable future. Thus the
Trustees continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the Federation is legally entitled to it after any perfomiance conditions have been
met. the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Federation has been
notffied of the donation, unless performance Gonditions require deferral of the amount. Income tax recoverable
in relation to donations re￿}Ved under Gift Aid or deeds of covenant is recognised at the time of the donats"on.
Legacies are recognised on receipt or otheDNise if the Federation has been notified of an impending
distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
a contingent asset.
Assets given for use by the Federation are recognised when receivable.

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng poll¢les
{Contlnued)
Membership subscriptions are recognised in the year in which payment is received by the charity, in line wth
the NFVVI accounting policy. The subscription is non-refundable and is therefore accounted for in the year of
receipt. Any amounts received after the year end, for example. from joiners during the year, are accounted for
in the following financial year as the charity is not aware of these until they are received.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefft to a
third paty, it is probable that a transfer of economic benefits will be required in setdement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activty are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activty. Direct costs attributable to a single
ath.vty are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are spportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured 8t cost and subsequerrtly measured at cost or valuation. net of
depreciation and any impaimient losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful Ilves on the following bases..
Leasehold land and buildings
Fixiures and fittings
Computers
2% straight line
1 ObA straight line
200A straight line
The gain or loss arising on the disposal of an asset is detemined as the difference be￿een the sale proceeds
and the carrying value of the asset. and is recognised in th8 Statement of financial activities.
1.7 Impaimient of fixed assets
At each reporting end date, the Federation reviews the carying amounts of its tangible assets to determine
vrfhether there is any indication that those assets have SUffe￿d an impaimient loss. If any such indication
exists, the recoverable amount of the asset is ests'mated in order to detennine the extent of the impaimient
loss (if any).
1.8 stocks
stocks are stated at the lower of Cost and estimated selling price less costs to COTnplete and sell. Cost
comprises direct materials and, where applicable. direct labour costs and those overheads that have been
incurred in bringing the stocks to their present IoGation and condition. Items held for distribution at no or
nominal consideration are measured the lower of repla￿ment cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be
incurred in marketing, selling and distribution.
1.9 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policies
(Contfnued)
1.10 Financial instruments
The Federalion has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instruments Issues. of FRS 102 to all of its financial instwments.
Financial instruments are recognised in the Federation's balance sheet when the Federation becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to setue on a net
basis or to realise the asset and settle the liability simultaneously.
1.11 Employee benefits
The cost of any unused holiday entittement is recognised in the period in which the employee's services are
received.
1.12 Retirement beneflts
Employees of the charity a￿ members of a multi*mployer scheme where it is not possible in the normal
courses of events to identify the share of underlying assets and liabilities belonging to the individual
employers. Therefore, as required by FRS 102, the charrtable company accounts for this scheme as rf it were
a defined contribution scheme.
The pension charge represents the amounts payable by the charttable company to the fund in respect of the
year. The pension scheme is in defficit and the charitsble company is making additional deficit payments.
Under the SORP a provision is required, based on these deficit payments.
1.13 Debtors
Debtors are recognised at the settlement amount due after any discount offered.
1.14 Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will
probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.
Income from donations and legacies
Unrestncted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Donats"ons and gifts
Affiliation fees
343
66.517
3,109
3,452
66,517
2.005
65,645
2,936
4.941
65,845
68,860
3,109
69,989
67,650
2,936
70,586
10-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Incomo from charltable activities
Unrestricted
funds
2024
Unrestrlcted
funds
2023
Charltsble activttles
Sub Committees courses and events
Publication and stationery
Recharge County Wl's insur8nc8
Shropshire County news publications
AGM and Federation Council meeting
36,348
26,927
335
2,083
3,975
7.935
2.212
3,46D
20,738
63.102
41,255
Income from other trading activities
Unrestrlcted Unr•strlctsd
funds
funds
2024
2023
Shropshire Calendars
Claremont Club
NFWI raffle
Merchandise
1,710
1,470
555
760
2,453
1.485
553
2,128
Other trading activities
4,495
6,819
Income from Investmonts
Unrestricted Restricted
funds
fvnds
2024
2024
Total Unrtstrlcted Restricted
funds
funds
2023
2023
Totsl
2024
2023
Bank interest received
5,111
659
5,770
3,723
540
4,263
11

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on raislng funds
Unrestrfcted Unrestrlcted
funds
funds
2024
2023
Tradlng costs
Merchandise
Shropshire Calendars
Claremont Club
706
1,071
1,007
790
1.559
994
2,784
3,343
Expenditure on charltable activities
Total funds Total funds
2024
2023
Direct costs
Sub Committees courses and events
Publication and stationery
Affiliation fees
Shropshire County news publications
Irrecoverable VAT
AGM and Federation council meetings
25,432
524
38,658
6,084
3,242
16,538
17.801
189
33,851
6,451
2.301
7,861
90,476
68.454
Grant funding of activities (see note 8)
800
680
Share of support and governance costs (see note 9)
Support
Governance
60,898
3,080
55.285
2.401
155,254
126.820
Analysls by fund
Unrestricted funds
Restricted funds
154,979
275
126,820
155,254
126,820
Grants payable
Total funds Total funds
2024
2023
Grants to individuals
800
680
12-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payable
(Continued)
Grants payable from unrestricted funds amount to £550 (2023: £680) and from restricted funds £250 (2023:
£nil).
Support costs allocated to actlvities
2024
2023
Staff costs
Depreciation
Subscriptions
County office expenses
Bad debt
Accountancy fees
Insurance
Office utilities
Govemance costs
38.197
3.651
193
8.360
32.390
3.532
130
12,466
19
2,140
1,681
2,927
2.401
3.194
2.310
4.993
3,080
63,978
57,686
Anatysed between:
Total funds
63,978
57,686
10 Net movement in funds
2024
2023
The net movement in funds is stated after chargingl(crediting):
Fees paYal￿e for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
Loss on disposal of tsngible fixed assets
1,150
3,651
245
1,675
3.532
11 Trustees
During the year, expenses totalling £3,613 were reimbursed to 15 Trustees (2023.. £1,633 to 12 Trustees). The
amounts outstanding at the year end was £22 (2023: £1,178).
The expenses were for travel and purchases made on behalf of the Federation during the year.
During the year, no Trustees received any remuneration or other benefits (2023.. £nil).
13-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Administration staff
Trustees (voluntary)
11
12
Totsl
13
14
Employment costs
2024
2023
Wages and salaries
other pension costs
35,298
2.899
30,758
1,632
38,197
32,390
There were no employees whose annual remuneration was more than £60,000.
13 Other expenditure
Unrestricted Unrestrtcted
funds
funds
2024
2023
Net loss on disposal of tangible fixed assets
245
14 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
14-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Tangible fixed assets
Leasehold Flxtures and Computers
land and
fittlng$
buildings
Ti>tal
Cost
Al 1 January 2024
Additions
Disposals
165,794
8,195
6,673
2,009
(5,424)
180.662
2,009
(10,747)
(5,323}
At 31 December 2024
165,794
2.872
3,258
171,924
Depreciation and Impainnent
At 1 January 2024
Depreciation charged in the year
Eliminated in respect of disposals
32,809
3,311
7,551
63
(5,188)
6,308
277
(5,314)
46.668
3,651
(10,502)
At 31 December 2024
36,120
2,426
1,271
39,817
Carrylng amount
At 31 December 2024
129,674
1,987
132,107
At 31 December 2023
132,985
644
365
133,994
16 Stocks
2024
2023
Finished goods and goods for resale
1,356
1,547
17 Debtors
2024
2023
Amounts falling due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
212
174
5,153
1,762
504
12,357
5,539
14,623
15-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Creditors: amounts falllng due within one year
2024
2023
Notss
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
740
6,427
560
228
5,558
741
6,899
10,158
2,062
3,720
19
13,513
23,580
Included in accruals is a grant payable of £250 (2023: £nil)
19 Deferred income
2024
2023
Arising from income relating to events in the
next financial year
6,427
6,899
Deferred income is included in the financial statements a5 follows:
2024
2023
Deferred income is included within:
Current liabilities
6,427
6,899
Movements in the year..
Deferred income at 1 January 2024
Released from previous periods
Resources deferred in the year
6,899
(6,899)
6.427
2,782
(2,782)
6,899
Deferred income at 31 December 2024
6.427
6,899
20 Retirement benefft schemes
2024
2023
Defined Contributlon schemes
Charge to profit or loss in respect of defined contribution schemes
2,368
1,118
16-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 Retlrement benefit schemes
(Continued)
Defined beneftt schemes
The company participates in the scheme, a multi-employer scheme which provides benefits to some 638 non-
associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for
the company to obtain sufficient infomiation to enable it to account for the scheme as a defined benefit
scheme. Therefore it accounts for the scheme as a defined contribution scheme.
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on
30 December 2005. This. together with documents issued by the Pensions Regulator and Technical Actuarial
Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit
occupats'onal pension schemes in the UK.
The scheme is classified as a 'last-man standing arrangement,. Therefore the company is potentially liable for
other partiGipating employers, obligations rf those employers are unable to meet their share of the scheme
deficit following withdrawal from the scheme. Participating employers are legally required to me8t their share
of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2023. This valuation showed assets
of £514.9m, liabilities of £531.Om and a deficit of £16.1m. To eliminate this funding shortfall, the Twstee has
asked the participating employers to pay additional contributions to the scheme. During the year, the charity
contributed £45312023.. £453) towards the deficit.
The assets of the scheme are held separately from those of the charitable company in independent
administered funds. The pension charge represents contributions payable by the charitable company to the
fund. after adjusting for the increase on the provision amounting to £531 (2023.. decrease of £421).
The amounts induded in the balance sheet arising from the Federation's
obligations in respect of defined benefft plans are as follows:
2024
2023
Liabilth'esl(asset5)-
Present value of defined benefit obligattons
1,009
478
Deficit in scheme
1.009
478
2024
Movements in the pTrs9nt value of defined benerrt obligations
Liabilities at 1 January 2024
other
478
531
The defined benefit obligations arise from plans whith are wholly or partly funded.
17-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Restrlcted funds
The restricted funds of the charty comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 January
2024
Incoming
resources
Resources
expended
Transfers
At31
December
2024
Denman bedroom fund
Denman travel fund
County bursary fund
Ethel Broadhurst memorial fund
Suspended institutes
472
1,137
1,958
700
8,062
472
1,137
2,367
875
7.580
659
(250)
(25)
3,109
(3,811)
12.329
3,768
(275)
(3,611)
12,211
Previous year:
At 1 January
2023
Incomlng
resources
Resources
expended
Transfers
At31
December
2023
Denman bedroom fijnd
Denman travel fund
County bursary fund
Ethel Broadhurst memorial fund
Suspended insts"tutes
472
1,137
1,418
700
5.306
472
1,137
1,958
700
8.062
540
2,936
(180)
9,033
3,476
{180)
12,329
Denm8n bedn)om fund
R8presents monies collected to sponsor a bedroom at Denman. The fund can be used to pay for the
fumishing, repairs and Maintenan￿ of Ihe bedroom.
Denman travel fund
Can be used to pay travelling expenses of the members attending Denman.
SFWI are currently avrditing confirmation from the NFIM for fijture direction to the use of these funds since the
charitable objectives of Denman College were changed in 2021.
County bursary fund
Can be used to pay towards training courses of members of the Shropshire County Federation of Women's
Institutes.
Ethel Bmadhurst memorial fund
To be used to give an annual prize to the institute in preparing the best press report during the year.
18-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Restrlcted funds
(Continued
Suspended institutes
Represents monies collected from suspended institutes vrfhich is held for 3 years by the Federation to provide
back to the institute should it reopen. After the time has elapsed the donation is transferred to unrestricted
funds. The fund consists of institutes suspended in the following years.. 2024., £3,109. 2023: £2.936 and 2022:
£1,515.
22 Unrestricted funds
The unrestrtcted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted fvnds by the trustees for specific purposes.
At 1 January
2024
Incomlng
resources
Resources
expended
Transfers
At31
December
2024
Rainy day fund
NFWI raffle fijnd
Office fund
General funds
1.835
853
60,000
276,869
1.835
1,102
58,110
263,681
554
(305)
(1,890)
(155,8131
139,014
3,611
339.557
139,568
(158,008)
3,611
324.728
Previou$ year:
At 1 January
2023
Incoming
resources
Resources
expended
Transfers
At31
December
2023
Rainy day fund
NFWI raffle fund
Office fund
General funds
1,835
628
60,000
287,830
1,835
853
60,000
276,869
553
(400}
72
118,694
(129,7631
108
350,293
119,247
130,163
180
339.557
Rainy d8y fund
To be used, at the discretion of the Executive Committee, for helping institutes who are in trouble financially.
NF￿ ￿ffle fund
A raffle is held each year and it is at the discretion of the Trustees how to spend the net proceeds.
offi￿ fund
This fund represented the cash proceeds from the sale of the prior office in 2013 which was designated for the
purchase of new office equipment in 2014. The balance is being held to cover future capital additions.
19-

THE SHROPSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23 Analysis of net assets bet¥Yeen funds
Unrestricted
funds
2024
Restrlcted
funds
2024
Totsl
2024
At 31 December 2024:
Tangible assets
Current assetsl(liabilities)
Provisions and pensions
132.107
193,630
(1,009)
132,107
205.841
(1,009)
12.211
324,728
12,211
336,939
Unrestricted
funds
2023
Restrlcted
funds
2023
Totsl
2023
At 31 December 2023:
Tangible assets
Current 8ssetsl(liabilities)
Provisions and pensions
133,994
206,041
{478)
133,994
218,370
{478)
12,329
339,557
12,329
351,886
24 Operating lease commitments
Lessee
At the reporting end date the Federation had outstanding commitments for future minimum lease payments
under non-cancellable operating leases. which fall due as follows:
2024
2023
Imthin one year
Between Iwo and five years
380
190
380
570
570
950
25 Related party transactlons
Transactions wlth related partles
During the year the charity entered into the following transactions with related parties..
The Federation paid £75 (2023". £71) to Aroma Tea and Coffee, a business owned by trustee, Mrs J M Turner.
No amounts were outstanding at the year end {2023: £nil).
-20-