STAFFORDSHIRE COUNTY FEOERATION OF WOMEN'S INSTITUTES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2025 {A Company Ilmltèd by 9uarant•• not havlng a share capllall Company Number 4714026 Charlty Numb•r 1097974
STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY INUMBER: 10979741 COMPANY NUMBER 4714026 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Report of the Trustee8 Independent Examinerfs Report statement ol Financial Activities Balance Sheet 10 Notes lo the Financial Statemènts
Page 1 STAFFORDSHIRE COUNTY FEDERATION OF WOMEWS INSTITUTES A REGISTERED CHARITY INUMBeR .. 10979741 COMPANY NUMBER 4714026 RepoRT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026 R•ler•ncg And Admlnlstratlvo Informatlon The Tiustees presènt their report and the un8udiled Flnancial Statemen15 01 the Charity for the year ended 31 March 2025. Tha Trustees have adopted the provisions of the Staiernent of Recomrnendèd Praciice ISORPI"Accounting and Reporting by Chariliey" IFRS1021 in preparing lh8 annual report and Financial Statements ol the Charity. The Finan¢ial Statement5 have beon prepared in accordan with the aecounting policKg5 Sat out in note 1 to the accounts and comply wth the Charitys governlng document. tha Charities Act 2011 and A¢counting and Reportin9 by Ch8F¢ties'. Statem8nt of Recommgndèd Practice applicable lo Charities preparing their accounts in accordance with the Finanoal Reportin9 Standard applicab the L>K and Republi¢ of Ireland IFRS 1021 leff6Ctive January 20191- Charitie5 SORP IFRS 1021, the Finanry81 Reporting Stand8rd applicable in tho UK and Republic of Iland IFRS 1021 and the Comp8nlÈs Act 2006. R?gl•terad Offlee The Comerstone Common Road stafford staftordshire ST16 3Ea Dlrnctors and tru$tg88 The Director3 of the char¢table company (the Charity) ar6 rts Trustses for the purpose gf thè charty law and Ihroughoul this feport are Collectively referred to as the Trustees Tru8tQè8 B Podmorè H R Maneey A H Newman R Dyche V CoThner K Sylway J Moorby J Moiiison Dr M Cooke S M Roden R Greaves E J Goodwin Resigned 06 August 2025 Appointed 29 Jènuary 2025 Appoin18d 29 J&nuary 2025 Chalr H R Mancey Cornpany Secr¢tary B Podmore A H Newman Reswn8d 06 August 2025 Appointed 06 August 2025 Indopendènt Accountants Winton Bath Group Chartered Certif18d Accountants 6 Farranli Court Stsffordshire Technology Park Stafford Staffordshifè ST18 OLQ Bankgra Uoyds Bank 5 Market Square staffoid ST16 2JL
Page 2 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY (NUMBER '. 10979741 COMPANY NUMBER 4714026 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Obl•ctlves and Activitiès The main putposes ol the W5 organisation a.. To advan the education of women and girls for the public benefit in all areas including, without limitation, lttal n8tional and international issuès ol politlC81 and social importance, music. drama and other cultural subjects,. and 311 branches of agriculture, crafts. horne economics. s¢ienc8, health and social welfare,. To piomote sustainable development for the public benefit by educating people in the preservation. con88tvation and protection of the environment and the prudent use ol natural resources, and promoting sustainable means ol achievin9 econornic growth and regeneiation., To adv8 health for the public benefit., To advance ulizenship ftsr the public b8nèfit by the promolion of responsibility and volunteering. The Staffordshire olWom8n's Institutes seeks to give women the opportunity Dlworking together through the Wl organisation in Iheir communities, of developing their ¢apacity and skills, and of putting in to pra¢lic8 those ideals I which the Wl organisation stands. We welcome all w0ffl8n iègardless ol personal background, faith or personal circumstances, and we bèliève this philosophy of openne5S to all enriches everyone through the sharing of skills. aptitudes and life experiences. Public Benèflt The Trustees confirm that they have complled w41h the duty in sèction 17 of the Charities Act 2011 to have due gard to the public benefit guidance published by the Charity Comrnission in determinitvJ the activities undèrtaken by the chaiity. Achlevements and Performaneè SFWI members continue to provide hundieds ol knitted items ft>r prnatUre bsbiès In local hospitsls. SFWI continues to showcase The Wl lo our membership and the community through the Wl marquee at the Slaffordshire County Show. SFWI members promde many knttkd trauma teddie5 whSch benefits vulnerable children. In March 2025, The Staffordshire Federation ofwomen's Inslitutes received an award from The High Sheriff of Staffordshi. Julia Mitchell, in Eeognilion of great and valuable servi to the communlty. SFWI continues to support Staffordshir8 Wornen's Aid and their Candlelrt irigil lo mark the International Day for the Elimination ol Violence Against Wornen and Girfs. SFWI supported Women'5 Refuge and local fooclbanks with donab.ons ol Dental Hygiene products during the year.
Pag& 3 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTrruTES A REGISTERED CHARITY INUMBER-. 10979741 COMPANY NUMBER4714026 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Chalf8 Report As of 31" March 2025 Ih&rè 81è 97 Wls and 3,225 mbmbars in Staffordshir8 Foderation ol Worn8n's Institutes ISFWII. 5 Wls were suspended Ilhls means closed, but not perman8ntly until 3 years are up, 9iving chance to reform in the same areal. They w8re 81ilhfield Wl, Bon8y Hay and Chase Terrace Wl, Kings Bromley Wl, Mar¢hlngton Wl and Oulton Wl (thi5 wa5 due to inability to recwlt to the officer ro$1. At the Federatson we employ an Admlni5tralor and an AuntS Cl&rk, both part lime. We employ a cleangr who Èttends on a fortnisjhtty bas1$. The Cornerstone Ilhe Fefleralion building and landl 1$ owned by Stalftsrdshlre Fedgration tsf Women's In8litut88. We have attrac18d some ¢har*lab18 donations, voluntger contributlons and have paid for some lor th8 rnaintenance of the building and land. It Is our aim lo keep thls buildlng in good working eondltion. As each ¢ontr8cI for 6frNlc86 In Ihe buildin9 comes up, w8 are taking an opportunity to review Ihe costs and btnefils. In January 2025. Mrs H818n Mancey was rwlected as Federation Ch81rtnan. Mrs Verlly Conn9T was Te-elected as Vic8 Chairman, and Mrs Janet Moorby was re-81ected as Vl¢e Chalrman. Mrs Beryl Podmore was r8-elecled as Treasurer. The othèrTrust88s are Halen Newman, Kar8n Suknay. Rose Dych8. and JocelyT) Morrison. Dr Mary Cooke and Su8 Rojen. Elizabeth Goodwin and Rachel Greaves We ele¢ied as Trustees. There are 8 Sub-commlltees in SFWI. They are Craft Art and Design, Educatlon and Public Affalrs, Counly Show, Leisure and Pleasure. Events and M8mbèr Support. All th8 Cotnmittees put on sessions, visits and event5 that fall in wrth The Wl charitable obfr8Cts and purposes, Ihroughout the yeai. Meetings arg hgld al The Cornerstone, but many are held wrtU8lly to reduce travel co3t5. Some meetings 8r8 hybrld, a mlx olf8C8 to lace and virtU81. Smallor craft &vents and Iraining sessions ar8 held al The Comer31on8. rèdudng hlre costs of othar vanuos. "Here comes Spng. and "118 Christrn&s' a the 2 biggèst ovanls at Staffordshire SlWgr0Und 8nd are very popular now attracllng over 500 m8mbers. These 2 8vents have no business. We changed to this format based on member commenls. There are stslls selling food and crarts and high-wofile sp8akers. The StaffoTd5hlre County Show in May remalns as 8 showcase and advert to the publlc for SFWI. A preview evenlng is held Ihe evenlng b8for8 for early blrd viewino of the competitions and dlsplays Created by the County Show ¢ommit180. This attracts a big footl&ll, glving opportunity for the public to rest a while whllst taklng rgfreshrnents. Th8 input and work from comrnittees Is to be applauded as we have ongdng amazing educatlonal 8V8nts for our members. We took part in a Christmas Tree F&stl al St Mary's Collegiate Church in St8fford. Members don8tad toothpaste and we received donations of toothbrushes. We decorated the tree in lin8 Wth the currenl NFWI Campalgn Dental Health Mattefs. Thes8 Iterns were doThaled to members of th8 Public g+ving us an opporiunily to promote thg Wl in Slaffordshlre. The Member Support Cornmitte8 Is comprised of 5 Wl Advisors and 2 Wl Advis8r A5SiStants. Th8 onllne Wl Adviser tralnlng is now up and running. We have an SFWI rnentDrship progr8mmo to accompany this trainSng. continued overteaf..
Page 4 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY (NUMBER . 10979741 COMPANY NUMBER 4714026 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Chalr'$ Report . contlnuod The Wl Advi5&rs provlde support And advicè to all the Wls and can op8n or su$p8nd WIS 8$ part ol their role. Thls commiltee pul8 on workshop style events to enhance the skills ol Wl offlcers IPrtsldent5, Secretaries and Treasurers,} these have been well receiv8d and attended. A fe3olutlons rneollng wa5 held in November Its debate the new resolutions in line wilh The Wl campaign actlvities. Thls y8ar 1 resolution from a Staffordshire Wl ¥eachgd the nallonal final short list bul was not successful to go forward for action. Slaffordshlre Wls and members remain a¢tlve and keen with campaignlng. Su8 Roden the Resolutions officar supports the resolutlon process as well as Tha Memb9r 5vpport Commitle8 and Trust88s. The NFWI Wl Leamlng hyb contlnues lo be popular. This provide3 lifelong188rnlng for all memb8rs. We ar8 commilted to promoting this to our mombers as a benefit of their membership. A businass plan has b88n prepared to apply for a Denman Granl lor faCl0f8ce leaming when th8 appllcatlon dale is open. We produ¢8 a monthly News Bulleun. Thi5 Is sent out vla e mall, then for Wls lo cirGulate to all members In a way thatls a¢eeplabl6 lo Ih8m. We hav8 9 cornmitment to SorAal Media and place posts on Fa¢gbook and Instagram. Htlen N8wman was appointed to th8 rola of Fedatation Sal89uarding Officer, and this has relevance and importance SOCl8ty and The Wl today. Mernbers conllnu8 to produce a huge amount of Pr•malvr8 Baby Clothes ar TT&uma T8ddies for vulnerable children which help to make a diff8rtsnce. RecruTrtrnent and ralènllon ofTrusle85, Wl Advisers. ¢ommittee mambers and Wl Members remalns on our agenda. We always consider equality, dlver3ity, and in¢luslon vllh Ihls. The Time lor Change a9enda 18 an ongoing and Importanl focus for us. We are ensuTing w actlvely look to the luture lor SFWI to rem81n relevant for modern women. We promote the benefits ol b&lng a Wl member. Al80, inspiring women by providing frlendships, provkling oducallon81 resources. campaigning opportunities, in their Wls, whilsl making positlve irnpacls ori our communitles. Helgrb Mancey Chair
Pag8 5 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTMJTES A REGISTERED CHARITY INUMBER . 10979741 COMPANY NUMBER 471402fj REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Flnanrlal Rovlew Reserves Polky The preseTrl18V81 ol funding 18 adequate to support the woth of the charity for ihe medium term. and the Trustees consider th8 financial position of the ¢harlty to be $atisfa¢tory. The Trustees have adopted a reserve policy whl¢h should ensu that unrestricted funds. not inv8Sted In langlbl8 fixed a5$els, are mainlaSned al 6 monlhs runnlng costs, whlch they ¢onsider adequate to en$ure Ih81 th6 charity Is able lo meet all current known future liabllitl88. Thè re$eP poIY wil be reved annually. Transactbon$ and Flnancial Posltlgn During th8 year the charity made a surplus of £8.416 in relatbn lo lis chatitable a¢t5vI88. The overall p051tion l¢Y the y6af was a $urpJus of £11,174 Oue to a gsin In Inve$lmenls value of £2.759. Plans for Future Pe0$ To undrtake a vari8ly Df aGtivilles lo bring rnembers iogether, strengthen th8 organlsalon, and raise awarene55 of the Wl's aChveMentS and influence To gain and ilaln members by Gonllnuing lo prormte mmber5hlp and to womote a poslllve modern and dlverse Image ol the o¥ganisalion To 8ncourage Wl members to adopt healthier. [[re sustainab18 lil?$tWes. and 10 8ncourage patlicipalion l# leburg, scqonce and cotnbinod arts aclivlligs To encouwage member$ lo attend eourses srranged by the Fed8ratn. To provide funding io eTh5uro that members who are already hjentifled as trainer5 attend fresher CDur$es to ensurè thelr knowlgdge skS11 level Is maintained To provide tIning and supportto Trust885 to support them In Ih¢lr rolo$ Continued fundlng for gx¢8mal and intsmal mainl8nan¢e of Comer51one. applying for relevant grants Ihal mlght be avallable To re9ul8rly monitor all bank accounts and Invgslment portlollos io ensure that b8sI r81ums are achleved Strn¢tur•, Governance and Management All Trustees glve th&lrtlme freely, howovgr a honorarium was agreed to be pald to both Ihe Chalmian 8nd the Company Secretarythls year. amounting lo £700 ea¢h. SlaffordshSrè County F8d8ralion ol Women's Inslilule$ Limited is a ¢omp8ny limited by guarantee, Company number 4714026 and not hav9 share ¢apltal il is govemed by ils Memorandum and Artkles of Assoclallon. 11 1$ rgglstered th8 Charity Comml$8lon under thaty number 1097974.
Page 6 STAFFORDSHIRE COUNTY FeDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY INUMBER .' 10979741 COMPANY NUMBER 4714026 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Board of Trustees Rol f Tnjsl The role ol the Board of Trustees is lo rnanage the affairs of the FedeTation. The Trustees are th8 charlty tru5t8e$ ol Ihe F8deration as defined In the Charyli85 Aot 2011. Number ol Trustees Unless OlholS8 d6dded by rgsolu¢KJn. tho Board of Trustees sh811 consist of at ltast eighl and not more than rifteen person5. The elected Trustees may co-opt addluonal members lup to one third ol thelr own numbefl lo hd offi¢e until the next eleclion. ent of Trus Trustees ar8 elected bi8nnially. Th8 electlon procass starts with the Fed8ralion Issuing nomlrnalKJn papers. Any Wl or a Current Trustee can nomin8te Someone to siand for the Board of Trustees. To be ellgibl8 th8 nomineg rnusl be a fully paid up m8mber, nol 8 m6mber of the Board of Trustees of anothèr Fed8r&tion, nol be a salaried etnployee of the Federation. ané nol an undi$ch8rged bankrupt. More inforrnhtion can ba found in the Trustee Eligibllity & Responsibility Docurnenl. 11 there afe fewer nominallons than places on the Board olTruslee$ then all nomin8es are deemed to be 91ected. If th8re are rn0 nomlnalion8 than ther8 aT6 places then there h85 to be an eleCon. Th8 names of the new Board Ère announced the day after the Annual Council Meeting. The new Board takes office followng the electlon. JI new Truste&s are provkled wllh apprtspriat& training so as to have sufficient undersiandlng of the nature of lh8 ¢harlty, to enable them to Carry out their duties as a Irustee wllh full awareness of their responsibility to comply wth Charity Commission legis18tion. Further tralnlng 4$ provldod to bolh now and existlng trustees when appropriate. Any person who h88 sèrved a$ a member of thè SFWI Board of Truste85 for two y8ars, is eligiblè to stsnd for election ès an Offlcer ol the Fedetatlon. ElecteLS Truslees shall romally fv)Id offic& for a p8ri0d of Iwo years. Sybj8Ct to any bye-laws of the Federation restrlctirvJ eligiblllty, a Trusltre who relir8s at an Annual General Me&ling may, if willing to act. be re-elected. N shè Is nol r8-èlected, 8h8 will relain office until the formal announcement of tho election $Its. Th8 SFWI Chair, Honorary Treasurer and tsthèr officers are elected annually by the Twslee3 flom among thelr number. Rlsk Manag8m•nt Durfng the yeèr to 31 M8rch 2025 the Trustees assessed the 51raleglc. operatlonal and financlal r15k5 to which the charity is exposed, and are $ali5fied Ihal syslerns are in pLace to milig8t8 the eXPOSL*re to the major risks Idented All annual risk review will be carried out in future Llmlt•d Lloblllty The Ilabillty ol th8 m•mbers of Ihe Federation Is Ilmited. Every member of the Federation undertakes io contrlbute a sum, nol exceading £1 to the assels of the Federallon1111 Is wound up during their membershlp. or wlthln one ygar aftemards, for payment of the debts and Ilabilili85 of the F8d8ration contr8Cted belor8 the tlme when memb8rship ¢eas8d, for tho costs, eharges and expenses ol winding-up the Federatlon, and for the adlustm8nt ol the rights of the contrfbutorkgs arnong thgrnselves.
Page 7 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY INUMBER .. 1097974 COMPANY NUMBER 4714026 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Tru8t¢e8 Respon$lbllitiè$ In R?l¥tlon to the Flnanclal Sta¢em•nts The Trustees who are also Directors ol StaffordshSre Counly FadeTalion of W¢)men'$ Institutes Limitèd, for the purposes of company law, are responsiblè for the preparation of the Trustees, Report and the Financial Statements in accordance with applicablè law and Unlled Kingdom Accounting Standards Iunltsd Kingdom Generally Accepted Accounting Praclic81. Company law requires the Trustees lo prepare Financial Statement5 for each fin8ncial year. whlch give a truè and fair view ol th8 State ol affairs of the charitable company and ol th8 incoming r880urces and application of iesources. including the income and expenditure. ol th8 tharitable company for lh8 yoar. In Preparing these Financial Ststements. the Trustees are requried lo". select suitabl? aceounbng poliaes and th8n apply them consisienlly", obsorve the methods and principles in Ihe Charities SORP., m8k8 I19eMentS and estimates that are reasonable and prudent.. stste whether applicable UK Accounting Standards have been followed, subject to any Material departures disdosed and axplained in tha financial statements.. Prèpa the financial statements on the going concern basis unless It is inappropnate to presume th81 the charitable company will continue in oparatKJn. bl dl The Trus198s are responsible lor rnaintaining proper accounting records which disclose with reasonab18 accuraw, at any time, the financial position of the Charity and enables them to ensure that the Financial Statements comply with the Companies Ad 2006 and the Charitie8 Acl 2011. The Trustees are also r8sponsible for safeguarding tha assets ol the Charity and hence tsking reasonablè steps for tha prev8ntlon and det8cts.on ol fraud and other irregularities. Small Company Provlslon$ This report ha3 en prepared in Accordancè with the special provisions ol part 15 olthe Companles Act 2006 ralabng to small companles. Approved by order ol thè Trustees on .. and signed on ts behalf by.. H R Manc8y- Chalr and Trustee A H Newman- Company Socretary and Tru$i8e
Page 8 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY (NUMBER.. q0979741 COMPANY NUMBER 4714026 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES LIMITED FOR THE YEAR ENDED 31 MARCH 2025 We report to the Gharity trustees on my examinab.on of the accounts of the Gompany lor the year ended 31 March 2025. ResponsibilÉtles and basls of report As the charity's trustees IwhD are also the Directors ol the Company lorthe purposes of company18wl you are responsible for the p18paiation of the accounts in accordance with the requirements ol the Cornpanies Act 20061'the 2006 ACVI. Hawing satisfied ourselves that the accounts of the charily are not qUired to be audited und9r Part 16 of the 2006 Act and arg eligible for independent ex8rnination, we report in respect of our examination DI your chaiity's accounts as carried out under se¢lion 145 01 the Ch81ities Act 2011 1.the 2011 ACYI. In carrying out tny examination I have followed the diiections given by the Charity Cofnmission undei section 14515llbl ol the 2011 Act. Independent Examlnevs Ststemenl We can conlirffl that no matters have come Its my attenlion in connection WI the examinab.on giving me reasonablè cause to believe that In any maleiial respect.. accounting records were not kept in respect ol Staffordshire County Federation of Women's Institutes as required by seGlion 386 01 the 2006 Act., or 2. the accounts do not accord wth these records., or 3. the accounts do not comply with the 8ccouniing requirements ol sectK)n 396 01 the 2006 Act other than any requirement that the accounts give 8.true and fair view which is not a matter considered a8 Part of an independent ex8minats"on', or 4. the accounts have not been ppared in accordance with the methods and principles ol the Statement ol Recornrnended Pr8cli¢8 for accounting Ènd reportin9 by charities lappSicable lo charities prep81ing their accounts in accordanee with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 10211. We confirm that there are no othér matters lo which your attention should be drawn to er)able a proper understanding of the accounts to be reached. C P Archer Independent Examiner on b&hall ol Winlon Bath Group Chartered Certified Accountants 6 F8rranti Court Staffordshire Toehnology Park Slsllord Stallordshiie ST18 OLQ Date.. 09 Septemt>er 2025
Page 9 8TAFFORDSHIRE COUNTY FEDERATION OFWOMEN'S INSTITUTES A REGISTERED CHARITY (NUMBER.. 10979741 COMPANY NUMBER 4714026 STATEMEt4T OF FIP4ANCIALAcnvinES IINCLUOING IWCOME AND EXPENDThURE ACCOUNT> FOR THE YEAR ENDED 31 MARCH 2Q25 Unr•strlct4d FundF Rèslrlcled Fund$ Tolal 2025 Tot•1 2024 INCOME FROM.. Donatlons and L¢gaBI• DtsnBlion5 ChÈrllabl• •¢tlvlllo8 Athlialbn $S Board ol Ttuslee5 Sulhcomrniies 36.961 2.601 38,961 2,801 37.305 1.386 28,013 66.704 14 76.874 othor Irading acilvllivs Furvj rl$lng events Chariiablo Iladlng a18& 1,768 1.768 3.101 Inv•sim4nts Return on In¥e$imènts Iniefe81 rscdvabl6 2.234 2,234 982 2,003 359 359 2.837 Olh•r In¢om• Inwranc 3.739 3,739 2.932 2.932 TOTAL INCOME 87,50 359 7,868 78,721 EXPENDITURE ON.. Ral•lng luDds Fundralslng and appe8 Investment agent# MmIsSI Trading materid8 825 923 25 923 1,220 1,514 3,610 8oard of Trusltos Support C0515 14 13 815 55,615 815 55,615 57,659 Ciaft, Art De51gn Educalton & Public Affairs Events Commlllee MÈmber Suppori Lebure & Plo•sure County Show 719 2.260 13.998 149 803 1.777 76.136 719 2,260 13,998 149 803 1.777 76.136 1.266 45 13,$49 240 180 Affillaon fgO$ Tolol Expondlluro 79,453 ,452 78,207 Net In¢omol1oxp•ndltur•l and n•t movemont Infunds bgfor• g•lns and Iws•s In Inveslm•nts ILossl l Gain on Investm19 2.759 2.759 4.619 MET INCOMEI IEXPENDITVREI BEFORETRANSFER8 Transfrs NET MOVEMENT IN FUNDS 10,815 1.17S S.133 RECONCILIATION OF FUNDS Fund balan¢es broughl for*dard 235.883 15,435 251.418 246.285 FUND BALANCES CARRIED FORWARD 246,798 1S.794 262,$92 251,418 Thè on pag8$ 11 10 14 fomi p¥i of ¥cwunts
Page 10 8TAFFORDSHIRE COUNTY FEDERATION OF WOMÉN'S INSTITUTES A REGISTERED CHARITY INUMBER.. 10979141 COMPANY NUMBER 471402e BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Not8$ Unr•8tslotsd Restrlct•d Fund¥ Fynds Yotal 202S Tothl 2024 FIXED ASSETS Tangibl6 as5e15 Investrnent8 117,189 117.189 110.393 227.582 117.597 106.285 223.862 217.411 10.171 CURRENT ASSETS vestments Trading mglerial$ In hand Prep¥ments arKJ ac¢rued IKome Other taxes and 50Gial secunty Cagh al Btsnk Petty Cash 9.842 348 10,715 9.842 348 10.715 9,744 500 S.847 39.414 105 60.424 5.623 45,037 105 fj6,047 39,585 100 55,778 5,623 CREDITORS Amounts falling duewlhin year 31,037 31.037 28.220 NET CURRENT ASSETS 29,3N7 5,82) 35,010 27,556 TOTAL ASSETS 246,798 15,794 262,J92 2SI.418 REPRESENTED BY: Income Funds.. AccL¥nulaied funds Resirl¢l•d funds.. Sur5ary funds 246.79B 246.798 235.983 15 794 15.435 251.41 246,79 For the financi ye8rending 31 2025 ihe charityw8$ entitled to exwnption Irn audil under sectK)n 477 of Ihe CompanSe$Ad 2006 rel8tyro to 8m811 wmpanle> Trustees re5ponsibilite5'. {al The rnember¥ have rK)I requlred the chailty to obtain an audit of11$8cwunigforthe year in questson In danc8 with section 476., 8 Ibl The liUStee5 acknowledge thtslr responslbilbies for compWlrvJ wth th8 requirements of IheActwlh reswi to a¢rA>unUng recoFds and Ihe weparaln of a(xounls Th8 $th18menls have been prepar8d in gccordan¢evMlh the 8pafAal prov48Sons ol Part 15 otlhtr Compan$ Act 2008 relatiny to small compan¢$ and with Fina81 Repottiny Standard for Smaller Eniiits leffeciiv8 January 20151. . and were llned on its bahalf by.. The fnBn¢l81 slatemtni$ were Apwoved by the Iiustees on. A H Newm8n- Compathy S•crot8ry •nd Tru&t•• R ManGay.Chalr and Trusteo Thtr notes on pages 11 to 15 lorm pwt oflhese accothts
Page 11 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY INUM3ER .. 10979741 COMPANY NUMBER 4714026 NOTes TO THE FINANCIAL STATEMENTS FOR THE YeAR ENDED 31 MARCH 2026 1 ACCOUNTING POLICIES Ba$ls of Ac¢ountlng Th8 accounts {Financlal Slat8m8ntsl hav8 been prepared ur¥Jer the hlslorlcal 5t ionventloTr wlth Items recounised al Gost or transaction value unl85s olhetWi8e Stated in the relovanl nolelsl lo these 8cGounls. The Financial Sl&tem8nts have b8en prepared In accordance wth the Statement ol R8comm8nded Pr8Ctice.' Acc(xJnting and Reportlng by Char10$ prep&iing their accounts In accordancg wlth Ihe Flnancial Reporting S18ndard applicable in the UK and Republlc of Ir81and IFRS 1021 and the Financial Reporting Stand8rd applicable in the United lQngdom and Republi¢ of Ireland IFRS 1021, th8 Ch8r4tles Acl 2011 and Ihe Companies Act 2006. Fund A¢¢ountlng Restrictad Funds Represents funds set aside for the Bursaries Repr886nts accumulated incorne whi¢h is expendab18 at the di8cr81ion ol the truste&s In th8 lurtherance of the objectives of the charfty. Such funds may b& held in order lo flnance both working ¢apilo1 and capltal irbV8Stment. Unrestricted FLands Tanglble Ilxod 8558ts and depre¢latlon Tanglble fixed Essets 8re slated at C05t orvalualion 10$$ depr8cialion. D8preuallon is provided at raiès calfAJla18d to wri18 off the cost of frAed a86018 lass their e51imaled r8sidual valu8. over their expe¢ted useful Iiv8s on the following base$'.- Offlce Equipment- 15D/ts and 25% r8du¢ing balance basis Freghold Property- 2Qh slraighl line ba$i8- The cosl1855 the residual value Is depreciated ov8r the u$Èful lrfe ol the Property. Th8 resldual value equate$ to cost and therolore Ihere is no depre&ble amount and no chxrge. Expwndllure l expenditure is accounted for on an aCOfual8 basls ond has boon ¢las8ified under headings that aggregate all costs re1at8d to the category. Support costs bolng costs whlch assist the work of the ¢harily and dre th8rèfora shown uNJer charitable a¢tiYity eKp8ndltur&. See note 13 for breakdown of support costs. On 5 January 2011 the Wl deregistsr8d for VAT. Incoming Resources l in¢oming resourt8s are In¢lud8d in the SOFAwhen the Charity b18galty entllled to the Incom8 and the amount Can quantled with reasonable accuracy. Donatlon of As$et8 Gilts ol tanoiblÈ assels ar8 Included in these a¢count5 at an estimated v81uation which approxlma18S to cosl. Donallons are includ8LI In th8 income and expenditure account a8 such. and in th8 balance shetrt under Ihe appropribte heading5. Inve$tm•nts Inv8sltnenls are a form of basic financi81 Inslrum8nl ara thlllally reGogni88d at thdr ¢r8n5aCtn value al sub8equ8nlly measured At their fair valug as al tho balance sheet dale u51llg th8 c105ing quoted rnarkel price. Tho slatemènt ol financial act1vleS includès the ngt gains and105ses arising on *evalu8tion and disposals throughout the year. 51ock Stock has b8en valued at Ihe bwer ol cost and N8t Realls8bl8 Value and measured on an average cost ba815 D•btors Dgblors are recognised at Ihe sètttement amounl du8 after any trade dls¢ount offered. Pr8P8yments ar8 valued at thg amount prep8ld nel of any trade discounts du8. Creditor$ cditOrS 8nd provislons are recognised wh8r8 the ¢h8rty has a present obllgalion r8sulllng from a past ev8nt that will probably result in the transfer of funds to a third party and Ihe amount du9 lo settle the obligation can be measured or estimat8d rellably. Credltors and provlBlons are normally T8cognised at Ihelr setllernent amount aller allowlng for any trade discounts due.
Pege 12 STAFFORDSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTES A REGISTERED CHARITY (NUMBER.. 109T9741 COMPANY NUMBER 4714026 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Impalmiont ol non-ftnontlal assets Al each repofling dale nOn-fanciel ossels not c¥rrd at f8lr valuè, like langlble fixed 8sse15, are revievd lo dtrlermine gthtrr there Is gn Indlcalion thai an 88981 may be Impaired. If th8re 18 an indic8Jon of p05&1ble Imp8irm9ni, Iha r8coverable amount of any 8ss61 or group of r8lai8d a55etÉ, which Is the higher ol value in us? and the lalr value less cost lo sell, 1$ sllmalad and compared y1 Il¥ carwng 8mounl. If the recov8rablg 8mounl Is Iow8r, the carTring amount of Ihe assét L8 reduced 10 its recoverable amounl and an impairmenl10ss is re¢ooTh5ed immediately in the 8lalemenl of nnanclal posi0Th. Stuck is 8150 ass•ssed for Impalrm8nl at gach raporting date. The carrwhg annI of eBGh118m of stock, or gioup gf slmll Items, 15 rompared with ils sèlng prKe les8 costs to cornplete and sell. If an Item ofslock or group of sknllar item$ 18 thpalred. bts Carng Bmounl is r9duced Io Selling price less costs lo complete and sell, and On Itnpalrmenl loss is recogni5ed mmediately In Ihe stsiement of fln8nclal acllvllk9S. If an impairment Ioss 15 subsequently feversed, the CrryTh9 amount of lh8 asssl or group of relBled assets 1$ inGreased lo Ihe revised è81Smale of ils rècoverablg amount, bul not to ?xc8ed the ameunl that would have been dèl&imln8d had no Impalrmenl 105s been recogniséd for Ihe asset or group of relatèd assets ift pflor peilods. A réversal of an Impairmenl loss Is r8ccrfJn158d Immgdlatelv In the slalemenl of finanal 8ctivitl85. P•nslon ¢08t8 and othor po8t-rotlremènt beneflts The ¢h8rityeperqtès a d8fiMd contrityjlion pension sche. Ccnlribulions payabl8 to Ihe chtyrttys p8n57Th schème af? Chargèd to the SOFA In the period lo which they rol8t8. 8ursqrlè8 Bursarfes 8r8 paid out of reStrld funds resgrvgd for th18 purpose. 2 TANGIBLE FIXED ASSETS Frèehold Property 0ft1¢0 Equlpment Tot41 Cost orvaluallon At 1 Apdl 2024 Additions Dispos818 115,(X)O 5,98 120,980 At 31 Mch 2025 115.000 5,980 120.980 OoprpGl&tlo Al 1 April 2024 Ch8r98 for the year iminèted on diypossl 3,382 409 3,382 409 Al 31 March 2025 3.791 3.791 Hfrt Book Value Al 31 March 2025 115.000 At 31 March 2D24 115,000 2,598 117,$98 The Iruslee5 lIVe Ihe valuè of freehold property is grgatérlhan £115,QOO12024.. £115,0001. On this ba818 the frètshold property h85 not been rovalu8d.
PBge 13 STAFFOROSHIRE COUNTY FEDERATION OF WOMEN'S INSTITUTes A REGISTERED CHAAITY (NUMBER.. 10979741 COMPANY NUMBER 4714026 NOTÉS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 20ZS J FIXED ASSET INVÉSTMENTS 2025 Unro$trfGt•d Fund$ 2024 UnfOStrl¢ted Fund ReBtrlet•d Funds Rèslrletod Funds Unll Trust & Uslèd Invoslmgnt• M8rkel valug 3131 Mafch 2024 Add: AddiboThs10 Inv8slmenls Bt cost Lès . DI5posals at carryifig valua Add.. Intere51 recelvèd Add.. Divider$ r8c8lved Lt$s'. Inv8slor Charges Lesi.. Nel Gainllbssl on revaluatw)n 96,149 10,171 89,4D1 10.064 52 2.234 19231 2,759 2,2 18671 4.619 Value at 31 Mgrth 2025 100,222 10,171 96,149 10.115 Cash hokl for relnv88ITn8ni Ilncluding dIdEndS & Inlevesl recelv8dl Total Value al 31 March 2025 100,222 10.171 96,149 10,115 4 CLASSIFICATtON OF PORTFOLPJ 2025 Unro$trlGtèd FundB °h 2024 Unr•strlctod Fulld¥ Re$trlctèd Funds Y* R•strl¢ted Fund8 % UK Loan Slock Unlt Tw$ts Incomé Bonds 10 10 100 90 100 90 10D 100 100 5 EMPLOYEES REMUNERATION 2025 2024 Gloss $8bry 27,425 25.476 Penslon contDbutknns 824 816 EmNoyers Nl .249 26.292 No 8mployoe earn8d £60.000 pa or more. The avtrrage nurnb8r of p81d staff for the y8ar was 2. 12024.. 21.
Page 14 STAFFORDSHIRE COUNTY FEDERATION OF WOP4IEN'S INSTITUTES A REGISTERED CHARITY INUMBER: 10979741 COMPANY NUMBER 4714026 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8 TRUSTEES REMUNERATIQN AND EXPENSES No remuneraln direclty or Indirectly out of th8 funds of tt)8 ch8rfty w8s pgld or paya• for lh& yearto any tru5ttt or to any person or persons known to be connecled %Yilh any of Ihern. There has been r&irr¢Jursem?nl of expenses to 10 trustees dursng Ihe yearto18ln9 £3.28812024.' £3.524lwhlch r81ale5 to 8ccomm(%Jation and tr8véI. Duvlng the year th8r8 was an honar8rfum paNJ to Iht Chairman 4nd th? Coryany se¢tary, who were both Irust8Bs. They both rèceived £7QO etsch during the y9ar. 7 CREDITORS 2025 2024 Re$erwed Income PAYE Accruals Olher creditors 19.947 16B 4.032 6.890 18.308 3.233 6.679 31.037 21220 Income ha5 res8Tved where tYK)nles have b¢Èn r8c8iv8d In advonc& ol events thai are due to lakè place after the yèar end. The corresponding cesls have prep?4d and are included in debtors. FUNDS Unrg$lrlct8d RoStrlct•d Fund Fund$ A¢cumulatAd Bursary Funds Fund6 2025 Total 2024 Tot41 Income Indlrect Expenditur? 87.868 3,315 84,553 87,509 3.315 84.193 359 78,721 3,610 75,111 359 Openlry Value of Funds 251,418 236,983 15,435 246.285 Tronsfer Irom gen8r81 fund Adluslment in respect ol previous y8ars Gains I Ik)sse$l on Irwaslment o$s¢ts Reg118ed Unre8li¥ed 2.759 2,759 2.759 59 4.619 4.619 Charitable Expenditure Ma99M8n1 and 4dminisl*alknn 76,136 76,136 74.596 76,136 78.136 74,596 Cbsing Vakje of FLnds 262.59 6.798 15,794 251. The Restrlcled Funds ar8 there so101y for provSdlng bursar8. Appllcalions are 18vl8wed and bursaiies Bre prtrvlded purely at tho d15Gr0Uon of the TTu$tses of Slaffordshlr8 County Fedelation ofWomen5 Inslllutes.
Page 15 STAFFORDSHIRE COUNTY FEDERATION OF WOklEN'S INSTITUTE$ A REGISTERED CHARITY INVMBER.. 10979741 COMPANY NUMBER 4714026 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 9 NET INCOMING RESOURCES 2025 2024 Nèl Incomlng resource5 for tho year 8rè staled aller charging.. Ind&p8ndent examiners f¢0 Depreciakn"en of lan9iNg fuitd as6èts'. Owmed assets 3.000 3,000 409 384 10 TAXATION The tharily 1$ exempl from Igx on Income and galn8 fall'ng wlthin SacOn 505 oflhe Taxes Acl 1988 or Sect 252 of Ihe TaxatEon of Ch8rgeablB Galns Act 1992 to the extent that Ih888 are applied to ¢h8rft8bl& objects. 11 CONTROLLING IIITEREST The Ch8rity is und8rthe Control of Ihg TFu5teeB. 12 OPERATING LEASE COMMITMENTS 2025 2024 Leas? comrnilmeTrts commi18d io be paid vAihin 1 year Lease comrnllmants eommlled lo be pald VlhI 1-5 years 930 2.746 2,065 163 3.676 13 SUPPORT COSTS 2025 ¢harltabl• Activlllei 2024 Charltsbl A¢tlvitlea Support Cost Wages Trust88 & Sub-cixnmittée Exp8n688 Information Technolgy Propertyexpenses Gèneral office expendthjre Bank d)8iges Independwt E¥amlnatlon 28.249 4.688 3,697 4,096 10,531 1,354 3,000 26,292 5,331 4,612 8,183 8.389 1,497 3,000 14 BOARD OF TRUSTEES Expèhdlture 2025 2024 80ARD OF TRUSTEES 2025 2024 Closed Wl's Spe8ker Book Membershlp Awards Annual Meellngs Carol Seivice Christmas Trgp Foshval 2024 1,361 750 148 65 267 162 98 780 313 148 80 240 361 194 293