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2021-12-31-accounts

THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

REPORT and FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021

CHARITY NUMBER = 1099003 COMPANY NUMBER 4650948

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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

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|||||||| |---|---|---|---|---|---|---| |Contents|Page| |Legal|&|administrative|information|1| |Report|of the|Management|Committee|2| |Report|of the|independent|examiner|3| |Statement|of financial|activities|4| |Balance|sheet|5| |Notes|forming|part|of the|financial|statements|6|

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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 SR11SA

Solicitors

Peter Dunn &Co 20Atheneum Street Sunderland SR11DH

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THE TYNE AND WEAR SOUTH . FEDERATION OF WOMENS INSTITUTES

REPORT OF THE MANAGEMENT COMMITTEE YEAR ENDED 31 DECEMBER 2021

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 £6,259 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

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REPORT OF THE MANAGEMENT COMMITTEE CONTINUED YEAR ENDED 31 DECEMBER 2021

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:

“J inglis

Company Secretary

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ACCOUNTING & COMMERCIAL CONSULTANCY

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 2021 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

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2. to which, in our opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
DC Dich
Reporting Accountant
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22 February 2022

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a 3a BLUE SKY WAY MONKTON BUSINESS PARK HEBBURN TYNE& WEAR NE31 2EQ
TELEPHONE (091) 4312314 Mobile 07903759377 EMAIL Info@dougsmallbone.co.uk
ee eel ong Smallbone MBA L Smallbone Comasitant ‘MG Archbold FCA j
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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

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STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2021

2021 2020
Restricted Unrestricted Total Total
Funds Funds Funds Funds
Note £ £ £ £
incoming Resources
General charitable income
in activities to further the
charity's objects 2 1,987 26,674 28,661 34,382
Total Incoming Resources 7 1,987 26,674 28,661 34,382
Resources Expended
General charitable expenditure
in activities tofurther the
charity's objects 3 0 34,920 34,920 38,856
Total ResourcesExpended a i) 34,920 34,920 38,856
NetMovement in Funds 1,987 (8,246) (6,259) (4,474)
Broughtforward 0 43,131 43,131 47,605
/
Total funds at
31December2021 Ti 1,987 34,885 36,872 43,131

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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

BALANCE SHEET

AT 31 DECEMBER 2021

2021 2020
Restricted Unrestricted Total Total
Funds Funds Funds Funds
Note £ £ £ £
Fixed Assets
Tangible Fixed Assets 4 0 585 585 212
CurrentAssets
Stock
Debtors		 5 0]
0		 150.
231		 150,
231		 150
211
Cash atbank& in hand 1,987 34,694) 36,681 43,333
1,987 35,075 37,062 43,694
Liabilities: falling due inoneyear 6 oO 775, 775
Net CurrentAssets 1,987 34,300 36,287 42,919
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NetAssets 1,987 34,885 36,872 _ 43,131
Funds 7 1,987 34,885 36,872 43,131
1,987 34,885 36,872 43,131

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within part 15 of the Companies Act 2006.

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These financial statements were approved by the Management Committee on
and signed on its behalf of by: MWA 25,
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MWA 25,
M Carter - Director & Chairwoman
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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

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NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

1. Accounting Policies

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
2021 2020
Restricted Unrestricted Total Total
Funds Funds Funds Funds
£ £ £ £
Affiliation Fees &, Pool Fares 20,812 20,812 23,252
Bank Interest Received 10 10 173
Postage &Telephone 115 115 369
Insurance 951 951 1,084
Sub total 0 21,888 21,888 24,878
Calendars & Diaries 112 112 61
Stationery& Books 53 53 27
Crafts, Arts & Leisure, Executive &
Organisation, Home Economics 2,246 2,246 5,984
NewWI's Boldon Blossom 1,437 1,437 0
Sub total 0 3,848 3,848 6,072
NFWIAGM (1) 0 1,692
Raffle
& Sundries		 358 358 143
Spring Council 580 580 870
WI's in suspension 1,987 0 1,987 0
Newsletter 0 0 518
Memorial Fund 0 0 60
Miscellaneous 0 0 159
Sub total 1,987 938 2,925 3,442
Total ~ 1,987 26,674— 28,661 34,392

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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 DECEMBER 2021

2021 2020
Restricted Unrestricted Total Total
Funds Funds Funds Funds
£ £ £ £
3. Resources expended
Affiliation Fees, Pool Fares 10,969 10,969 12,639
Insurance 896 896 730
Telephone/internet 1,235 1,235 1,443
Rent & utilities 4,417 4,417 3,120
Sub total 0 17,517 17,517 17,932
Calendars & Diaries 99 99 50
Stationery Books Photocopy 1,108 1,108 1,405
Crafts, Arts & Leisure, Executive&
Organisation, Home Economics 3,385 3,385 9,363
New WI's Boldon Blossom 1,437 1,437
Sub total 0 6,029 6,029 10,818
NFWIAGM repaid 1,460 1,460 762
Salary &Wages 7,924 7,924 7,953
Spring Council 100 100 480
Training 1,070 1,070 148
Sub total 0 10,554 10,554 9,343
Accountancy Fees 750 750 750
Professional & Legal fees 13 13 13
Depreciation 57 57 0
Total en) 34,920 34,920 38,856

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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 DECEMBER 2021

4. Tangible Fixed Assets
2021 2020
z £
Fixtures
&
Fittings Total Total
£ £ £
At01 January2021
Additions		 4,494
430		 4,494
430		 4,494
0
At 31 December 2021 _ 4,924 4,924 4,494
Accumulated Depreciation
At 01 January2021 4,282 4,282 4,282
Charge foryear 57 57
At31 December 2021 4,339 _ 4,339 4,282
Net BookValue
At31 December2021 585 585 sa
2021 2020
£ £
5. Debtors
Prepayments 221 211
7
221 211
2,021 2,020
. £
6. _—_Liabilities: Amounts fallingdue within one year
Accruals 775 775
775 ——“‘ié‘«‘ST'S
7. Funds
2021 2020
z £
Balanceas at 01 January 2021 43,131 47,605
Movement infunds forthe period (6,259) (4,474)
Balanceasat31December2021 36,872 43,131

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