## ## ## |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.| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ## ## ## |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| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |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||||| |---|---|---|---|---| ||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| |---|---|---|---|---|---|---|---|---|---|---|