Charlty regI￿ratIon number IIM4383
Company re8lstratlon number 03013730 IEn8land and Wales)
THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Ms A Banks el Asmar
Mrs A Beckett- Hon Treasurer
Mrs S 8entley
Mrs N Oent
(Appointed 29 March 20231
Mrs S H Graham
Mrs J F Harding
Mrs P A Jones
Mrs V Lee
Ms S J Leicester
Mrs W A Morris
Mrs S A Pre5cott- Chalr
MrsEAPye
Chorlty number
1044383
Company nurn￿r
03013730
Reglstered offlce
11 White Frlars
Chester
CHI INZ
Independent examlner
Mltchell Charlesworth
24 Nicholas Street
Chester
CH12AU

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
CONTENTS
Pagt
Trustees. report
Independent examiner's report
Statement ol financial activities
8alance sheet
Note5 to the financial staternents
8-16

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The trustees present their annual report and financial statements for the year ended 30 September 2023.
The financial statement5 have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting bv
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financlal Reportin8 standard applicable in the UK and Republic of I￿land IFRS 1021 (effective l January 20191"
Oblectl￿ and artlvltlts
Oblectlves of the Charlty
The Women's Institute organSsation Is based on the ideals of fellowshlp. truth. talerance and lustSce. and its main purposes
are..
to advance the education of women for the public benefit in all area5, including local. national and international
issues of political and social importance,. music, drama and other cultural subjects,. all branches of agriculture,
crafts, home economics, sclence, health and social welfare,.
to promote 5U5talnable developrnent for the public benefit by educating people in the preservatlon. conservation
and protection of the environment and the prudent Use ol natural resource5, and by prornoting sustainable
means ol achieving economic growth and re8eneration,'
to advance health for the publlc beneflt. and
to advance titizènship for thè publit benefit by promotion of tivit rèsponsibility and volunteering.
The objective5 of the charity, which rernain unchan8ed from the previou5 accountlng perlod. may be 5urnrnarised a5
follow5.' to further the purposes of the Wl organisation in Cheshire Iboth East and Westl and the adjolning area5 of Wlrral,
Halton, Warrin8ton, parts of Salford, 50Uth Manchester, Tameside, Stockport, and elsewhere.
Publ1¢ 8eneflt
The trustees have had regard to the Charity Commisslon 8uldance on Public Benefit and believe that ihe services provided
by the Cheshire Federation of Women's Institutes are compliant with this, as outlined above. Public benefit is further
exemplified in the following statements of Activities. and Achievement5 and Performance. Even though no new Wis have
been formed. and for various reasons 4 have suspended. the overall membership number has remained quite buoyant
resultin8 in services continuin8 to be available to wornen and communities within CFWI'S area of operation..
Actlvltles
At last. a felling ol'normality, after the Covid pandemlc..
Mernbers were able to meet again and a full Calendar of events put into practice. Both Board and Sub-cornmittees held
their rneetings using the hybrid facility giving more flexibility, thereby cutting down on time travelled and expense5
incurred.
A relaxed and vibrant atmosphere welcomed members to Christmas at Whlte Frlars, many of whom had not visited before.
They ate bacon bap5 and rnince pies, drank mulled wine and coffee, had a conducted tour and history of Wl House, bought
raffle tickets and gifts, before going on their way to enjoy the delight5 of the City of Chester.
2023 was a very significant year for many of u5 when we witnessed the Coronation of King Charles 111. Most Wl's celebrated
in style with flags flying, bunting draped and red, white and blue outfits worn.

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
March wa5 the month of our Annual Council Meetlng held at The Winsford Acaderny and lead by Selina Prescott. our new
Chair. Following the formal business ègend3 we were treated to 3 truly inspirational speaker and performer. Paul Whittaker,
who gave us an insight into his work with "Music for the Deaf-.
Cardiff was the venue for the NFWI AGM when both delegates and some observers enjoyed an overni8hi stay with the
chance to experience the Wl a5 a proud voice for women. Thi5 wa5 closely followed by the Royal Cheshire County Show in
June. when the overall theme for our rnarquee wa5 "Once Upon a Time" Exhibitors rose to the challenge to interpret the
different class titles, showcasing some excellent workmanship and creating a lively environment albeit a little wet and
soggy at times... .you can't order the weatherl
The Sub-cornmittees have or8anlzed a lull pro8ram ol activlties for members to have access to and enjoy.. darts, bowls, 8olf
and pllates for the more energetlc,. craft workshops and Chrlsimas wreathmaklng for the creative,. theatre and boat trlps lor
those who like to be entertained and relax,. quizzin8 and even li8saw races lor anyone who likes a challengel Whatever
next? Re501utions were debated by our Public Affair5 tearn along with up-to-date awarene55 of current environmental
5s5ues from the Cllrnate Ambassadors. and the Archlves are under8oln8 a ma5sive'sort out, and relocatlon.
The Cheshire News Editorial team hosted the Literary Lunch at Hartford Goll Club, whiih proved to be a very popular
venue. Both di8ltal and hard coples of the Cheshlre Newsletter are avallable, free of char8e, to all members.
FollowSng on frorn the Conditlon Survey undertaken on Wl House last year, renovations and necessary improvement5 have
been prioritized and work ha5 started. and in some cases completed, the cost ol which is reflected in this set of account5.
Obviously this is ongoing as is true of any property maintenance. ensuring regulations are met, policie5 are being checked
and re-written and further assessments undertaken.
Achlevements and p•rfomianc•
Once again tralning was hlgh on the agenda. All Wl Treasurers were invlted to attend one ol slx free workshop5 held around
the Federation, on different days of the week and at varying times. Not all those eli8lble chose to attend but useful tlps and
Ideas were dlscussed helpln8 Officers wlth thelr role whllst still adherln8 to the rules of the Constltulion and Charity Law.
Several new Independent Financial Examiners participated in a course financed by the Federation and held at White Friar5.
They all qualified with flying colours and have now joined Cheshire'5 conscientiOU5 team ol IFE'5. More courses to follow.
Our Federation Secretary and Accounts Admlnistrator need to be thanked lor thelr hard work and dedlcatlon which make
for a smooth runnln8 offlce envSronmeni, even thou8h procedures, technoloBy and le8lslation are constantly chan8ln8 and
are 50metirne5 challenging to implement.
Wl Advi5er5 are the first port ol call for all Wl's with any que5tion5 or who need help in any way. Thank5 are 8iven to our
very busy team who are always available with advice and support.
Flnally, thanks must 80 to the Offlcers, Commlttees and members who, as volunteers, support thelr Wl's and communltles
throu8hout the Federation.
The key elements for our medium to long term strategies are:
to continue to give support, encouragement and guidance to all 177 Wls in the Cheshire Federation.,
io offer a wide range ol training, educatlonal and cultural opportunllies, promote Illelong learning, traditlonal
Skills. healthier. rnore 5UStainable life5tyle5 and personal development.,
to increase the Wl's influence on government, opinion formers and the general public by raising awareness of
significant local, national and international issues. and to maintain the reputstion of the organisation as a
respected voice of reason, integrity and intelligence.

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The succe55 of these strategie51s measured by..
Inviting, receiving and assessing direct feedback from the members.. maintaining contact with NFWI, neighboring
federations and other charities, and wlth local and reglonal government., and by monltorin8 activitles or8anised by other
sections of the Wl movement.
F5nanclal review
Revlew ol the Year
The statement of financial activitie5 di5c105es a increase in the value of the charity's investment5 01 £8,669 12022
decrease £37,608) and net incomin8 resources for the year amounting to a decrease of £6,70012022 increase £9,363).
The trustees consider these results to be sat15factory. and would like to record their thanks to all Federation members, Staff,
sub-committees and representatives for the dedication anil hard work which has made this possible.
Reserves Pollcv
CFWI alms to hold sufficient reserve funds to meet Sts probable commltments should cSrcumstances obll8e the trustees to
close the charity.
At the year end the charity held reserves 01 £636,57112022- £634.6021.
Investment5 Poll¢v
The charltable company's Investment portfolio comprises bank, bulldin8 socleiy and NS & I deposlis, and unlts In
Investment and unit trusts. Decisions concernin8 di5P05als of stocks and further investment5 are mède by the Board ol
Trustees. based on advice frorn an independent investment broker.
R15k Pollcy
The 8oard has considered the major risks to which the charity may be exposed. In the opinion of the trustees, the
combination of cash reserves and review systems should allow any rlsks In the day-to-day operations of CFWI to be
mitl8ated to an acceptable level.
Plans for Future Perlods
F￿Ure obllgatlons
In the opinlon of the trustees there are sufficient funds available to meet all future commitments.
Durin8 the comin8 year CFWI will a8ain actively support the national membership recruitment initiative. continuin8 to form
new W15 Wlthin our Federation's area wherever there 15 local interest.
The charity will organise a full and varied programme of activities and training opportunities for members.
The short and long term strategy of the Federation will be dlscussed and agreed, ensurlng that future plans and alms are
forward thinkinB for the ease of practice, whi15t bein8 inclusive of the need5 and enjoyrnent of the mernbership and
ultimately financially viable.

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
TRU5TEES' REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Struclure* governance and mana8efflent
The charity is a coimpany lirnited by guarantee, Incorporated on the 24 January 1995 ènd is therefore govemed by a
MeTTLorandum and Artlcle5 of A550ciation. The registered offite 15 11 White Friars. Che5tti. CHI INL The charlty is also
harity r¢gi5tered wilh the charity oomrn15$5on. re815tered number 1044383.
The charily's clay io day operailons a￿ mana8ed by ihe board ol trustees and as such ihe charity employs no staff li would
define as key management.
Rate5 01 pay lor employee5 are deltmilned followlng considtratlon o15o1arles offered In the lotal employment marknt.
The trustee5. who are also the dtrertors for the purpose ol company law. ond who *rved during the year were..
Ms A 8anks el Asmar
Mrs A Beckett - Hon Treasurer
Mrs S Bentley
Mrs G Denn¥
Mrs N Dent
S H Graham
Mrs l F Hardin8
Mrs P A Jones
Mrs V Lee
Ms S l Lelcester
(Appoinied 29 March 20231
IHe5igned 29 March 20231
Mr5 W A Morris
Mrs S A Prescott- Chilr
MrsEAF*e
Tru￿ee$, who must each be a member ol a Women's Instliute wlthln ihe Cheshlre FeLJeraiion ol Wls, may be elected or co.
opted to the board. lollowln8 nominaiion ffom the membershlp, In accordance wlth CFWI'S constllutSon and rules.
None of the trustees has any beneficial Interesi In tht company. All of the iTY5tees are members of the company and
£yar3ntee to contrlbute £1 In the event ot a windlng up.
Tr￿n￿(Vo￿$ wlth Dlrqrtors
During the yearthe company reimbursed Dlrectors, expenses aM￿nting io £10,66612022. £7,365) to 14 irustees.
Coll•ctlon of Affllhtlon F•*s
Afflliatlon fees recelved durln8 The year by the charitable cornpany included £IOI,(YJ9. collected a5 agent for. and paid to,
the Natlonal Federatlon ol Women's In5111Utes,
The
ees. T
rove
Ir Y4aby the Board of Trustees.
Mrs S A Prescott- Chalr
Trustee
171011?0?4
Dated: .........................

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
I report to the trustees on my examination of the financial statements of The Cheshire Federation Of Women's Institutes
Ithe charity) for the year ended 30 September 2023.
Re5ponsibilitie5 and basis of report
As the trustees ol the charity land also Sts dSrectors for the purposes of company lawl you are responslble lor the
preparation of the financial staternents in accordance with the requirernents of the Companies Act 2006 Ithe 2006 Act).
Havlng satlsfied myself that the financial statements of the charlty are not requlred to be audlted under Part 16 01 the
2006 Act and are eligible for independent examinatlon, I report in respeci of my examinatlon of the charity's financial
statement5 carried out under section 145 of the Charitie5 Act 2011 (the 2011 Act). In carrying Out rny exarnination I have
followed all the applicable Directions given by the Charity Commission under section 14515llbl ol the 2011 Act.
Independent examlner's statement
I have completed my examination. I conflrm that no matters have come to my attentSon In connection wlth the
examlnatlon 8iving me cause to belleve that in any materlal respect..
accountlng records were not kept in respect of the charity a5 required by section 386 of the 2006 Act,. or
the financial statement5 do not accord with those records., or
the financial 5tatement5 do not comply with the accounting requirèrnents of section 396 of thè 2006 Act othèr than
any requirement that the accounts give a true and fair view which 15 not a matter considered as part of an
independent examlnation.. or
the financial staternents have not been prepared in accordance with the methods and prlnciples ol the Staternent
of Recommended Practice for accounting and reporting by charities appllcable to charitles preparing thelr account5
in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matter5 in connection with the examlnatlon to whlch attentltsn should
be drawn in this report in order to enable a proper understanding of the flnanclal statements to be reached.
Mr Robert Hall, FCA
Mitchell Charlesworth
24 Nicholas Street
Chester
CHI 2AU
Dated..
18101/2024

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Unrestrlcted Unrestrlrted
funds
funds
2023
2022
Notes
Income from..
Donations and leBacie5
1,871
131,246
4,(KJ4
6,120
113,820
932
Investments
Totzl Income
137.121
120,872
Ex
endlture on..
143,821
111,$09
Nei gainslllossesl on Investments
io
8,669
137,6081
Net movement Sn funds
1.969
128,2451
Fund balances at l October 2022
634,602
662,847
Fund bal4n¢es at 30 September 2023
636,571
634,602
The statement ol flnancial actlvlties Includes all 8alns and losses reco8nised In the year.
All Income and expenditure derive from continuing activltie5.
The Statement ol linanclal actlvlties also cornplles with the requlrements for an Income and expendSture account under the
Companies Act 2006.

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
BALANCE SHEET
AS AT30 SEPTEMBER 2023
2023
2022
Note5
Flxed ass￿$
Tangible assets
Investments
12
13
25,549
173,340
25,549
164,672
198.889
190,221
Current assets
Stocks
Debtors
Cash at bank and Sn hand
14
15
2.475
10.276
447.115
2,952
6,307
451,833
459.866
461,092
Credltors: amount5 falllng due wlthln one
year
16
122,1841
116,7111
Net current as5et5
437.682
444,381
Total assets less current Ilabllltles
636,571
634,602
Intome funds
Unrestrlcted funds
636,571
634,602
636,571
634,602
The company Is entltled to the exemptlon from the audlt requirement contained In sectlon 477 of the Companles Act 2006, for
the year ended 30 September 2023.
The directors acknowledge their responsibilities for complyin8 Wlth the requlrements of the Companles Act 2006 wlth respect
to accounting record5 and the preparation of financial statement5.
The mernbers have not requlred the company to obtain an audlt of Its financial statements for the year In questlon Sn
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small
companies regirne.
1510112024
The f1na
tements we
proved by the Trustees on
Mrs A Beckett- Hon Treasurer
Trustee
Company re8lstratlon number 03013730

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accountlng pollcles
Charlty Inlormatlon
The Cheshlre Federatlon Of Women's Insiitutes Is a private company Ilmlted by 8uarantee incorporated in England and
Wales. The reglstered office is 11 White Frlars, Chester, CHI INZ. The nature ol the charity's operations and principal
activities are described in the Trustees, Report on page l.
1.1 Accountlng ¢onventlon
The financial statement5 have been prepared in accordance with the charity's Memorandum and Articles. 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 ol Ireland IFRS 1021 (effective l January 20191" The charity is a Publlc Benefit Entity as deflned by FRS 102.
The charity ha5 taken advantage of the prtsvi5ions in the SORP lor charitle5 applying FRS 102 Update Bulletin I not to
prepare a Statement of Cash Flows.
The flnancSal statement5 are prepared in 5terlin8. which is the functional currency of the charity. Monetary amount5 in
these financial statements are rounded to the nearest £.
The flnanclal statements have been prepared under the hlstorlcal cost conventlon, modllled to Include certain flnanclal
instruments at fair value. The princlpal accountln8 pollcles adopted are set out below.
1.2 Golng concern
At the time of approving the financial statement5 and having due regard to the impact of COVID-19, the trustees have a
reasonable expectatlon that the charlty has adequate resources to continue In operational existence for the foreseeable
luttsre. Thus, the trustees continue to adopt the 80in8 contern basls ol accountin8 in preparSn8 the financial statements.
1.3 Charltable funds
Unrestricted funds are avallable for use at the dlscretion of the trustees In furtherance ol thelr charitable objectlves.
1.4 Income
Income is recognised when the charitv 15 legally entitled to it after any performance conditions have been met. the
amount5 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 charity has been notified ol the
donation. unles5 performance condition5 require deferral of the arnount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recogni5ed at the time of the donation.
Legacles a￿ recognised on receipt or otherwise if the charity has been notifSed of an impending distribution, the
arnount 15 known. and receipt 15 expected. 11 the amount 15 not known, the legacy is treated a5 a contingent asset.
Income from tradlng activitles 5ncludes Income earned from fundralslng events and tradlng actlvitles to ralse funds for
the charity. Income is received in exchange for goods or services in order to ralse funds and Ss recognSsed when
entitlement has occurred.
Investment income is earned through holding assets for investment purposes such as shares and cash deposits. It
includes dividends and interest. it is included when the amount can be measured reliably. Interest income is recognised
using the effective interest method and dividend income is reco8nised a5 the charity's right to receive payrnent is
established.

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accounting pollcles
Icontlnuedl
1.5 Expendlture
All expenditure is accounted for on an accrua15 basi5 and has been classified under headin85 that a88regate all c05t5
related to the category. Expenditure is recognised where there is a leB31 or constructive obligation to make payment5 to
third parties, it is probable that the settlement will be required and the amount of the obligation can be measured
reliably. It Ss categorised under the following headings:
Expenditure on charStable activlties Sncludes the costs incurred Sn the mana8ement of its varltsus prolects and
activities.. and
Other expenditure represents those iterns not fallin8 into the cate8ories above.
Irre£overable VAT Is char8ed as an expense agalnst the actSvlty for whSch expendlture arose.
Support costs are those that asslst the work of the char5ty but do not dlrectly represent charitable actlvltSe5 and Include
office costs, 8overnance costs, administratlve payroll costs, They are Incurred directly in support of expenditure on the
oblects of the charlty and Include proleci mana8ement carrled out at Headquarters. Where support Costs cannot be
directly attributed to particular headin8S they have been allocated to cost of raising funds and expenditure on charitable
activities on a basi5 consistent with use of the resources.
An analysis of these cost5 IS Included in note 8.
1.6 Tan8lble Ilxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation
and any impairment losses.
Depreclation Is recogn1sed so a5 to write off the cost or valuatSon of assets less thelr re51dual values over their useful
lives on the followin8 bases..
Freehold land and buildlnBs
Flxtures and fittln8s
Not depreciated- see below
IO% reducln8 balance
The gain tsr1055 ari5in8 on the di5P05al ol an asset is determined as the difference betwèen thè salè proceèds and the
carrying value ol the a55et. and is recogni5ed in the staternent ol financial activitie5.
Freehold land and buildings relates to the charity's main premise5 at 11 White Friar5, Chester. CHI INZ. The tru5tee5
have t3ken the cjecision not to depreciate the property as the estimated useful economic life of the asset is so long that
depreciation would be irnmaterial to provide for in the accounts.
1.7 Flxed asset Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequentlv
measured at fair value at each reporting date. Chan8es in fair value are recognised in net Income/lexpendlturel for the
year. Transaction costs are expensed as incurred.
1.8 Impairment of fixed 35set5
At each reporting end date, the charity ￿vIewS the carrying amounts of its tsngible assets to determine whether there
is any Indicatlon that those assets have sUffe￿d an Impairment loss. If any such Sndication exlsts, the recoverable
amount ol the asset is estimated in order to determine the extent of the impairment loss lif any).

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accounting pollcles
Icontlnuedl
1.9 Stocks
Stocks are stated at the lower tsf cost and estimated selling prlce less costs to complete and sell. Cost comprises direct
materia15 and, where applicable. direct labour costs and those overheads that have been incurred in bringing the stock5
to their present location and condition. Items held lor distribution at no or nominal consideration are measured the
lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in
marketin8, selling and distribution.
1.10 Cash and cash èqulval•nts
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments
with original maturities ol three months or less, and bank overdrafts, 8ank overdrafts are shown within borrowin8s in
1.11 Flnanclal Instrumènts
The charity has elected to apply the provlslons of Sectlon 11 '8aslc Flnancial Instruments. and Section 12 '0ther
Flnanclal Instruments Issues, of FRS 102 to all of Its flnanclal instruments.
Financial instrument5 are recognised in the charity's balance sheet when the charity becornes party to the contractual
prgVlsion5 of the instrument.
Flnanclal assets and Ilabllltles are offset, wlth the net amounts presented In the flnanclal statements, when there Is a
le8ally enforceable right to sei off the reco8nised amounts and there Is an Intentlon to settle on a net basls or to reallse
the asset and settle the liability slmultaneously.
8t7sltAlntsntlolossets
8asic financial as5et5, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unle55
the arran8ernent constltuies a flnancln8 transaction, Whe￿ the transactlon Is measured at the p￿sent value of the
luttsre recelpts discounied at a market rate ol interest. Financial assets classllied as recelvable wiihln one year are not
amortlsed,
slcllntsntlollltrbllltles
8a5ic financial liabilities. including creditors and bank loans are Initially recognised at transaction prlce unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortlsed.
Debt instruments are 5ub5equently carried at amortised c05t. using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operation5
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they
are presented as non-current liabilitie5. Trade creditor5 are ￿cognised Initially at transaction prlce and subsequently
measured at amortised c05t USln8 the effective interest method,
Dereco9nition offinoncittlliobilities
Financial liabilities are derecognised when the charity's contractual obligation5 expire or are discharged or cancelled.
1.12 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received,
where material.
10-

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accounting pollcles
Icontlnuedl
1.13 RetSrement benefits
Payments to defSned contributSon retirement benefit schemes are charged as an expense as they fall due.
1.14 Tax
The charlty is an exempt charlty within the meaning of schedule 3 of the Charltles Act 2011 and is considered to pass
the tests set out in PèraBraph I Schedule 6 Finante Act 2010 and therefore it meets the definition of a charitable
company for UK corporation tax purposes.
Crlllcal accountlng est5mates and judgements
In the application ol the charity's accounting polities, the trustees are required to make judgements, estimates and
assumptions about the carrying amount of as5et5 and liabilities that are not readily apparent from other source5. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estlmates and underlylng assumptlons are revlewed on an ongolng basls. Revislons to accountln8 estlmates are
retognised In the period In whlch the estimate Is revised where the revision affects only that period, or In the perlod of
the revision and future period5 where the revi510n affects both current and future period5.
Donatlons and le8acles
Vnrestrlcted Unrestrlrted
funds
funds
2023
2022
Donatlons and 8lft5
1,871
6,120
11

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Charltsble actlvltles
Charltsble
Income
2023
Charltsble
Income
2022
Income from charitable activitie5
131,246
113,820
Performance rtlattd grdnts
Calendars and literature
Courses, events and raffles
Affiliation fees
Sub-committèes
Core activltv
3,114
1,095
86,315
18,262
22,460
2,397
973
78,195
8,550
23,705
131,246
113,820
All Income Is classllied as unrestritted.
Investments
Unre5trlcted Unrestrlrted
funds
funds
2023
2022
Interest receivable
4,004
932
12-

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Charltsble actlvltles
Charltable
Charltsble
Expenditure Expenditure
2023
2022
Staff costs
Direct COSt5
32,285
43,880
214
5,458
23,242
745
31,629
38,917
207
2,896
7,639
8CM)
Rates and water
Light and heat
Repairs and maintence
Sub-committee travel
Sundry expendSture
1,470
577
107,294
82,66S
sha￿ ol support costs (see note 71
Share o18overnance costs (see note 71
24,882
11,645
19,421
9,423
143,821
111,509
Support ¢05ts
Support costs Ggvernonce
¢0StS
2023 Support Costs
Governance
costs
2022
Insurance
4,167
4,167
6,118
6,118
Printin8, POSta8e and
stationery
Computer Softwa￿ and
website
Telephone
Bank charges
8,961
8,961
7,380
7,380
9,417
1,280
1.057
9,417
1,280
1,057
4,762
321
840
4,762
321
840
Accountancy
Le8al and professlonal
C.F. committee and
meetin8s lincl. travell
WIA Travel
3.093
898
3,093
898
3,033
1,171
3,033
1,171
4,099
3,555
4,099
3,555
3,563
1,656
3,563
1,656
24,882
11.645
36,527
19.421
9.423
28,844
Analysed between
24.882
11.645
36.527
19.421
9,423
28,844
Governance costs includes payments to the auditors of £nil12022- £nill for audit fees.
13-

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Trustees
None of the trustees lor any persons connected wlth them) recelved any remuneratlon or beneflts from the charlty
durin8 the year.
Employee5
Number of employees
The average monthly number of employees during the year was..
2013
Number
Z022
Number
Administrative staff
Employment costs
2023
1022
Wages and salarles
Other penslon costs
32,103
182
31,214
41S
32.28S
31,629
There were no emplgyee5 whgse annual remuneration was £60,000 or more.
10 Net 8alns1110ssesl on Investments
Unrèstrlrted Unrtstrlrttd
funds
lunds
2023
2022
Revaluation of investments
8,669
137,6081
11 Taxatlon
The Charity is exempt frorn tax on incorne and Bain5 falling within Section 505 of the Taxe5 Act 1988 or section 252 01 the
Taxationof Chargeable Gains Act 1992 to the extent that these are applied to it5 charitable object5.
14-

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
12 Tanglble fixed assets
Freehold lind
and bulldln85
Flxtures Jnd
flttln£5
Total
Cost
At l October 2022
25.549
21,049
46,598
At 30 Septernber 2023
25.549
21.049
46,598
Depreclatlon and Impalrment
Al l October 2022
21,049
21,049
At 30 September 2023
21.049
21,049
Carrylng amount
At 30 September 2023
25,549
25,549
At 30 September 2022
25.549
25,549
13 Flxed asset Investments
L15ted Investments
Cost or valuatlon
At l October 2022
Valuation changes
164,672
8,668
At 30 September 2023
173,340
Carrylng amount
At 30 September 2023
173,340
At 30 September 2022
164,672
Fixed asset investments r￿alUed
The historical cost of Investments Ss £162,08912022 - E162,0891. All Investments are valued at the traded market value
at the balance Sheet date.
Stock5
2023
2022
Finished goods and goods for resale
2,475
2,952
15-

THE CHESHIRE FEDERATION OF WOMEN'S INSTITUTES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Is
Debtors
2023
2022
Amounts falllng due wlthln onè year:
Prepayments and accrued income
10,276
6,307
16
Cr•dltors'. amounts fallln8 due wlthln one year
2023
2022
Other credltors
Accrtsals and deferred Ineome
13.039
9,145
13,811
2,9QMJ
22,184
16,711
17
Related party transactlons
Rernunerat5on of key management personnel
The charSties day io day operatlons are managed dSrecily by the board of trustees wSth wages and salarles pald to staff
employèd In an administrative capacity onlv.
Tr¥n5artlon5 with relatsd partles
Durln8 the year the eharlty entered into the followln8 transactions wlth related parties..
DurSn8 the year the company reSmbursed trustees, expenses amountlng to EIO.66612022 £7,365), The number of
trusteès who received èxpenses during the yèar was 1312022 - 141.
The expenses were for travel and purchases made on behalf of the company durin8 the year.
16-