| HerefordshireFederationofWomen'sInstitutes | ReportoftheTrusteesfortheYearEnded31December2021 | TheTrusteespresenttheirreportandthe financialstatementsfortheyearended31December2021. | Trustees | The trustees who held office during the year were as follows: | MargaretSimcock- Chair | PLemin (resigned 20 April 2021) | Roz Simcock (resigned 2 March 2022) | V Madgen | CWatkins | SWalker | M Voogd | JWoodhouse Treasurer | JEdwards(resigned 7 February 2022) | ALord | Financialinstruments | PrincipalActivity | Theprincipal activityofthe company and the objectofthe charity, as stated in theMemorandumand Articlesof | Association, is the furtheranceoftheWomen'sInstitute movementinHerefordshire. | Duringtheyear, the federationhad5 1Women'sInstitutes, with 1013members. | CompanyStatus | Thecompanyis a registered charity, limited by guaranteeanddoesnothavesharecapital.Eachmember | guarantees the debtsandliabilitiesofthecompanyuptoanamountnotexceeding£1. | PublicBenefit | The trustees have compliedwiththedutyinsection17ofthe2011CharitiesActtohavedueregardtoguidance | published by the Charity Commission. | Risk | The trustees have assessed the major riskstowhich the Charityisexposed,inparticular those relatedtothe | operations and financesofthe company and are satisfied that systems areinplacetomitigate expose to major | risks. |
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| HerefordshireFederationofWomen'sInstitutes | StatementofFinancialActivitiesfortheYearEnded31December2021 | Restricted | Unrestricted income Prioryear |
funds funds Totalfunds funds |
Note £ £ |
Income A 2021 2021 2021 2020 |
Incomeandendowmentsfrom: | Donations and legacies 136 136 233 |
Charitable activities 29,484 42,889 29.484 |
Other 6,062 10,000 6,062 |
35.682 53,122 35,682 Total |
Expenditureon: B |
Raising funds 2,106 2,106 2,008 |
Charitable activities 12,257 16,571 12,257 |
7,825 OtherDenmanCollege 0 0 |
Personnel 12,933 18,872 0 18,872 |
4,074 Premises 3,220 3,220 |
Administration ,226 5,226 8,244 |
41,681 41,681 S1,655 Total |
Netincome/(expenditure)beforetaxfor | thereportingperiod -5,999 -5,999 1,467 |
Taxpayable 0 0 |
Netincome/(expenditure)aftertax | beforeinvestmentgains/(losses) -5,999 -5,999 1,467 |
Netmovementinfunds -5,999 -5,999 1,467 |
Reconciliationoffunds: | Total fundsbroughtforward Totalfundscarriedforward 144,144 138,145 11,636 11,636 155,780 149,781 154,313 155,780 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | £ | 155,780 | (5,999) | (5,999) | 149,781 | Total | £ | 154.313 | 1,467 | 1467 | 155,780 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Reserves | £ | 144,144 | (5,999) | (5,999) | 138,145 | Unrestricted | Reservess | 142.677 | 1,467 | 1,467 | 144,144 | ||
| StatementofChangesinReservesfortheYearEnded31December2021 | Restricted | Reserves | £ | 11,636 | 11,636 | Restricted | Reserves | 11,636 | 11,636 | |||||
| At1January2021 | Deficitfortheyear | Totalcomprehensiveincome | At31 December 2021 | At1January2020 | Surplus for theyear | Totalcomprehensiveincome | At31December2020 |
| 2021 2020 |
£ £ |
ncomingResources Affiliation fees & branch charges 14,297 15,365 |
Donations & grants 136 233 |
Publications & sales 1,682 1,405 |
838 824 Fundraising& events |
Denman College 5,950 |
National Federation dues 12,257 16,571 |
Coronavirus Job Retention Scheme Grant 6,062 |
410 688 Sundry income |
NationalLotteryCommunityFund 10,000 |
CentenaryFund 229 |
SuspendedWI 1,857 |
35,682 53,122 |
2021 2020 |
Expenditure £ £ |
ResourcesExpended | National Federation 12,257 16,571 |
Fundraising&events 115 1,053 |
Publications & sales 1,991 955 |
7,825 Denman College |
14,363 26,404 |
Personnel | Wagesandsalaries 18,872 12,933 |
Premises | Rates 181 165 |
Light, heat and power 1,332 1,077 |
Insurance 1,387 2,631 |
Repairs and maintenance 320 201 |
4,074 3,220 |
Administration | Telephone 149 419 |
Photocopier 802 802 |
Computer consumables 374 657 |
Printing, postage and stationery 934 2,,180 |
Trustees' expenses 410 1,618 |
Sundryexpenses 77 767 |
Cleaning 151 24 6 |
Accountancyfees 963 1,016 |
Legal and professional fees 470 |
Bankcharges 92 79 |
Depreciationoffixturesandfittings(owned) 804 460 |
5,226 8,244 |
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| 5 Tangibleassets |
||||
|---|---|---|---|---|
| Landand | Furniture,fittings | |||
| buildings | andequipment | Total | ||
| Costorvaluation | ||||
| At 1January2021 | 91,718 | 18,509 | 110,227 | |
| Additions | 2,760 | 2,760 | ||
| At31December2021 | 91,718 | 21,269 | 112,987 | |
| Depreciation | ||||
| At1January2021 | 8,789 | 15,907 | 24,696 | |
| Charge for the year | 804 | 804 | ||
| At31December2021 | 8,789 | 16,711 | 25,500 | |
| Carryingamount | ||||
| At31December2021 | 82,929 | 4,558 |
87,487 | |
| At31December2020 | 82,929 | 2,602 | 85,531 |
| 7 Stocks |
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|---|---|---|---|---|
| 2021 | 2020 | |||
| Otherinventories | 178 | 195 | ||
| 8 Debtors |
||||
| 2021 | 2020 | |||
| £ | ||||
| Tradedebtors | 122 | 814 | ||
| Prepayments | 621 | |||
| Totalcurrenttradeandotherdebtors | 743 | 814 |
| 9 Creditors |
|||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Note | £ | £ | |||
| Duewithinoneyear | |||||
| Tradecreditors | 1,229 | ||||
| Socialsecurityandothertaxes | 747 | ||||
| SuspendedWI's | 2,694 | 3,027 | |||
| Accruedexpenses | 1,065 | 1,016 | |||
| 4,506 | 5,272 |
| 4. MunsleyWIwas suspendedin2020, however the funds and assets are yet to be transferred. |
account for three years. | 3. HuntingtonWIwassuspendedduring theyearandfundsof£775weretransferred into asuspense |
suspenseaccountforthreeyears. | Ballingham&DistrictWIwassuspendedduringtheyearandthefundsofES1Iweretransferredintoa 2 |
made during the year. | . BishopsWoodWIhadpreviously beensuspendedbutreformedin2021. Areimbursementof£806was |
SuspendedWl's | NotestothefinancialstatementoftheYearEnded31December2021 | (Registrationnumber:03190540) | HerefordshireFederationofWomen'sInstitutes |
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