THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
REPORT and FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
CHARITY NUMBER _ 1099003 COMPANY NUMBER = 4650948
THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
## LEGAL & ADMINISTRATIVE INFORMATION
## Status
The organisation is a charitable company limited by guarantee, incorporated on 29 January 2003 and registered as a charity on 15 August 2003.
The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles, the members of the Management Committee are elected at the AGM to serve a period of 2 years subject to ratification at each AGM.
## Management Committee
M Carter Chairwoman J Russell Vice Chairwoman E Wright Vice Chairwoman C Espie Treasurer M Burland L Kennedy D Phippen T Rowell K Watson M Fullerton E Clark M Johnson K English
## Company Secretary
## J Inglis
Registered office and operation address
Inverness Road Jarrow Tyne & Wear NE32 4AQ
Independent Examiners
DC Smallbone&Co 3a Blue Sky Way Hebburn Tyne & Wear NE31 2EQ
## Bankers
LLoyds TSB 54 Fawcett St Sunderland Tyne & Wear SR1 1SF Northern Rock 43 Fawcett St Sunderland Tyne & Wear SR1 1SA
Solicitors
PeterDunn &Co 20 Atheneum Street Sunderland SR11DH
1
THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
# REPORT OF THE MANAGEMENT COMMITTEE YEAR ENDED 31 DECEMBER 2020
## GENERAL
The organisation is a charitable company limited by guarantee, incorporated on 29 January 2003 and registered as a charity on 15 August 2003.
## ACTIVITIES
The aims and objectives have been met in response to the global objectives of the National Federation of Womens Institutes.
## RESULTS
The charity had a deficit of funds of £4,474 for the year of reporting.
## FUTURE STRATEGY
The charity will continue to observe, adhere and implement the aims and objectives of the National Federation.
## RESPONSIBILITIES OF THE MANAGEMENT COMMITTEE
Company law requires the management committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent, and prepare the financial statements on a going concern basis unless it is appropriate to assume that the company will continue on that basis. The management committee is responsible for maintaining accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. the management committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable Steps fair the prevention and detection of fraud and other irregularities.
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# THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
# REPORT OF THE MANAGEMENT COMMITTEE CONTINUED YEAR ENDED 31 DECEMBER 2020
## INDEPENDENT EXAMINERS
D C Smallbone & Co were appointed as the charitable company's independent examiners.
The report has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities and in accordance with special provisions of part 15 of the Companies Act 2006 relating to small entities.
## Approved by the management committee on
and signed on its behalf by:
Jinglis
Company Secretary
2a
oe ACCOUNTING &» COMMERCIAL CONSULTANCY a INDEPENDENT EXAMINERS REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES We report on the financial statements for the Charity for the year ended 31 December 2020 set out on Pages 1 to 6.
## Respective responsibilities of committee and examiners.
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43 ( 2 ) of the Charities Act 1993 ( the 1993 Act ) as amended by the Charities Act 2006 and that an independent examination is needed.
## It is our responsibility to:
Examine the accounts under section 43 of the 1993 Act as amended to follow the procedures laid down in the general Directions given by the Charity Commission ( under section 43(7)(b) of the 1993 Act,and to state whether particular matters have come to my attention.
## Basis of Opinion
We conducted our examination in accordance with the General Direction for Independent Examination issued by the Charity Commissioners. The examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all evidence that would be required in an audit, and consequently no Opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
## Examiners Statement
In connection with my examination, no matter has come to my attention:
1. which gives us reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 41 of the Act;
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or 2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
D C Smalibone Reporting Accountant.
## 28 February 2020
> = 3a BLUE SKY WAYMONKTON BUSINESS PARK HEBBURN TYNE& WEAR NE2EQ00” TELEPHONE (091) 4312314 Mobile 07903759377 EMAIL Info@dongsmallbone.co.uk i _DCSmallbone MBA __LSmallbone Consultant MG , Archbold FCA 7 _] 3
THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
## STATEMENT OF FINANCIAL ACTIVITIES
## YEAR ENDED 31 DECEMBER 2020
|||||2020||2019|
|---|---|---|---|---|---|---|
|||Restricted
Funds|Unrestricted
Funds|Total
Funds||Total
Funds|
||Note|£|£|£||£|
|Incoming Resources|||||||
|General charitable income|||||||
|in activities to furtherthe|||||||
|charity's objects|2|0|34,382|34,382||48,393|
|TotalIncoming Resources||034,382||34,382||48,393|
|Resources Expended|||||||
|General charitable expenditure|||||||
|in activities tofurtherthe|||||||
|charity'sobjects|3|0|38,856|38,856||49,871|
|TotalResourcesExpended||038,856||38,856|~=—49,871||
|NetMovement inFunds||0|(4,474)|(4,474)||(1,478)|
|Broughtforward||0|47,605|47,605||49,083|
|Total funds at||-|oO|||a|
|31December2020|7|0|43,131|43,131||47,605|
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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
BALANCE SHEET AT 31 DECEMBER 2020
|Fixed Assets|Note|Restricted
Funds
£|Unrestricted
Funds
£|2020
Total
Funds
£|2019
Total
Funds
£|
|---|---|---|---|---|---|
|Tangible FixedAssets|4|0|212|212|212|
|CurrentAssets||||||
|Stock
Debtors
Cashatbank&inhand
Liabilities:
fallingdueinoneyear|5
6||
a
|
0
|a
|)
|
)
| 9
||i ))
150,
211|
211
— 43,333
43,333)
43,694
43,694
|
om 775,||150]
208
___49,427
49,785
2,392)|
|NetCurrentAssets||0|42,919|42,919|47,393|
|NetAssets||043,13143,131|||a7,605|
|Funds|7|0|43,131|43,131|47,605|
|||043,131||48131a7,608|a7,608|
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These accounts have been prepared in accordance with the provisions applicable to
Actcompanies2006. subject to the small companies regime within part 15 of the Companies
a. For the year ended 31 December 2019 the company was entitled to the
b. exemption from audit under section 477 of the Companies Act 2006.
No notice has been deposited persuant to section 476, requiring an audit of these
c. financial statements under the requirement of the Companies Act 2006.
The committee acknowledge their responsibilities for:
1. Ensuring that the company keeps accounting records which comply
2. with section 386 of the Companies Act 2006.
Preparing accounts which give a true and fair view of the state of affairs
of the company as at the end of the financial year in accordance with
the requirements of section 394 and 395 , and which otherwise comply
with the requirements of the Companies Act 2006 relating to accounts,
d. so far as is applicable to to the company.
These accounts have been prepared in accordance with the micro-entity provisions
and have been delivered in accordance with the provisions applicable to companies
subject to the small companies regime.
**----- End of picture text -----**
These financial statements were approved by the Management Committee on
**----- Start of picture text -----**
and signed on its behalf of by:
JyWrK
M4 M Carter - Director & Chairwoman
**----- End of picture text -----**
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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
1. Accounting Policies
## NOTES TO THE ACCOUNTS
## YEAR ENDED 31 DECEMBER 2020
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities, The Companies Act 1985 and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice issued in October 2000.
a. Tangible fixed assets As the wear and tear on fixed assets is considerable the depreciation of the assets is revised annually in order to write assets off over their estimated lives.
b. Stock and work in progress Stocks are stated at the lower of cost and net realisable value.
## 2. Incoming resources
|Incoming resources|||||
|---|---|---|---|---|
||||2020|2019|
||Restricted
Funds|Unrestricted
Funds|Total
Funds|Total
Funds|
||£|£|£|£|
|Affiliation Fees&, Pool Fares
BankInterestReceived
Postage&Telephone
Insurance||23,252
173
369
1,084|23,252
173
369
1,084|28,318
263
455
0|
|Subtotal|0|24,878|24,878|29,036|
|Calendars&Diaries
Stationery&Books
Crafts, Arts& Leisure, Executive&||61
27|61
27|302
131|
|Organisation, HomeEconomics||5,984|5,984|13,747|
|Subtotal|0|6,072|6,072|14,180|
|NFWIAGM
Raffle&Sundries
Spring Council
Newsletter
TrainingFund&Donations
Memorial Fund
Miscellaneous||1,692
143
870
518
0
50
159|1,692
143
870
518
0
50
159|3,395
192
0
865
343
382
0|
|Subtotal|0|3,432|3,432|5,177|
|Total|034,382||34,382|_48,393|
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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
## NOTES TO THE ACCOUNTS CONTINUED
## YEAR ENDED 31 DECEMBER 2020
|||Restricted
Funds|Unrestricted
Funds|2020
Total
Funds|2019
Total
Funds|
|---|---|---|---|---|---|
|||£|£|£|£|
|3.|Resources expended|||||
||Affiliation Fees, Pool Fares
Insurance
Telephone/internet
Rent&utilities||12,639
730
1,443
3,120|12,639
730
1,443
3,120|13,252
748
1,651
3,008|
||Subtotal|0|17,932|17,932|18,659|
||Calendars&Diaries
StationeryBooks Photocopy
Crafts, Arts& Leisure, Executive&||50
1,405|50
1,405|383
3,060|
||Organisation, HomeEconomics||9,363|9,363|13,139|
||Subtotal|0|10,818|10,818|16,582|
||NFWIAGM
Salary&Wages
Spring Council
CraftsintoSchools
Newsletter||762
7,953
480
148|762
7,953
480
148
0|5,587
7,610
0
295
375|
||Subtotal|0|9,343|9,343|13,867|
||AccountancyFees
Profession&Legalfees||750
13|750
13|750
13|
||Total|038,856~—SO«SSSS|||49,871|
6a
THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES
## NOTES TO THE ACCOUNTS CONTINUED
## YEAR ENDED 31 DECEMBER 2020
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4. Tangible Fixed Assets
2020 2019
£ £
Fixtures
&
Fittings Total Total
£ £ £
At 01 January 2020 4,494 4,494 4,494
Additions _— o 9a oO
At 31 December 2020
a
4,494 4,494 4,494
Accumulated Depreciation
At 01 January 2020 4,282 4,282 4,282
Charge for year
At 31 December 2020 - 4,282 4,282 4,282
Net Book Value
At 31 December 2020 — 2120028
2020 2019
5. Debtors £ £
Prepayments 211 734
7 211 734
2,020 2,019
6. & z
Liabilities: Amounts falling due within one year
Accruals 25 788
Prepaid events 0 1,123
25 1,911
7. Funds
2020 2019
£ E
Balance as at 01 January 2020 47,605 49,083
Movement in funds for the period (4,474) (1,478)
Balance as at 31 December 2020 43,131 47,605
**----- End of picture text -----**
6b