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2022-12-31-accounts

THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

REPORT and FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

CHARITY NUMBER 1099003 COMPANY NUMBER 4650948

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.

Board of Trustees

M Carter Chairwoman
D Phippen Vice Chairwoman
J Russell Vice Chairwoman
E Wright Treasurer
K Watson Vice Treasurer
E Clark
J Dodds
M Fuilerton
W Liddle
CParker

Company Secretary

J Inglis

Registered office and operation address

Inverness Road Jarrow Tyne &Wear NE32 4AQ

Independent Examiners

DC Smalibone & 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

PeterDunn&Co 20 Atheneum 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 2022

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 £544 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 2022

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

2a

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 2022 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

  1. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

D C Smallbone Reporting Accountant

09 February 2023

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; 3a BLUE SKY WAY MONKTON BUSINESS PARK HEBBURN TYNE & WEAR NE31 2EQ
MOBILR 07903759377 EMAIL Info@dougsmallbone.co.uk
| “DC Smallbone MBA __LSmallbone ConsultantMG Archbold FCA j
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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2022

2022 2021
Restricted Unrestricted Total Total
Funds Funds Funds Funds
Note £ £ £ £
Incoming Resources
General charitable income
in activities to further the
charity's objects 2 1,558 41,336 42,894 28,661
Total Incoming Resources 1,558 41,336 42,894 28,661
Resources Expended
General charitable expenditure
in activities to furtherthe
charity's objects 3 0 43,438 43,438 34,920
Total Resources Expended 0 43,438 43,438 34,920
NetMovement in Funds 1,558 (2,102) (544) (6,259)
Brought forward 0 36,872 36,872 43,131
-
Total funds at
31December2022 7 1,558 34,770 36,328 36,872

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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

BALANCE SHEET

AT 31 DECEMBER 2022

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2022 2021
Restricted Unrestricted Total Total
Funds Funds Funds Funds
Note £ £ £ £
Fixed Assets
Tangible Fixed Assets 4 0 1,250 1,250 585
Current Assets
Stock 0 150) 150 150
Debtors 5 0 287 287 231 |
Cash at bank & in hand 3,545 31,921 35,466 | 36,681
Liabilities: aa 32,358 35,903 37,062
falling due in one year 6 0) ——-825 825 | 775
Net Current Assets 3,545 31,533 35,078 36,287
Net Assets 3,545 32,783 36,328 36,872
Funds 7 3,545 32,783 36,328 36,872
3,545 32,783 36,328 36,872
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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.

These financial statements were approved by the Management Committee on

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and signed on its behalfof by: MiGr DQ.
M Carter = Director & Chairwoman
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5

THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

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
2022 2021
Restricted Unrestricted Total Total
Funds Funds Funds Funds
£ £ £ £
Affiliation Fees &, Pool Fares
Bank InterestReceived		 24,612 24,612
0		 20,812
10
Postage &Telephone 340 340 115
Insurance 908 908 951
Subtotal 0 25,860 25,860 21,888
Calendars & Diaries 42 42 112
Stationery&Books 57 57 53
Crafts, Arts & Leisure, Executive &
Organisation, Home Economics 10,245 10,245 2,246
New WI's Boldon Blossom 0 0 1,437
Sub total 0 10,344 10,344 3,848
Raffle&Sundries
Spring Council		 5,132
0		 5,132
0		 358
580
WI's insuspension 1,558 1,558 1,987
Sub total 1,558 5,132 6,690 2,925
Total - 1,558 41,336 42,894 28,661

Total

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THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 DECEMBER 2022

2022 2021
Restricted Unrestricted Total Total
Funds Funds Funds Funds
£ £ £ £
3. Resources expended
Affiliation Fees, Pool Fares 10,693 10,693 10,969
Insurance
Telephone/internet
Rent& utilities		 944
766
4,243		 944
766
4,243		 896
1,235
4,417
Subtotal 0 16,646 16,646 17,517
Calendars & Diaries 63 63 99
StationeryBooks Photocopy
Crafts, Arts & Leisure, Executive &		 2,365 2,365 1,108
Organisation, Home Economics 11,237 11,237 3,385
New WI's Boldon Blossom 0 0 1,437
Sub total 0 13,665 13,665 6,029
Salary&Wages 10,845 10,845 7,924
Training
Raffle		 270
1,058		 270
1,058		 1,070
NFWIAGM repaid
Spring Council		 0
0		 0
0		 1,460
100
Sub total 0 12,173 12,173 10,554
Accountancy Fees 800 800 750
Professional & Legal fees 13 13 13
Depreciation 141 141 57
Total lle Oo 43,438 43,438 34,920

6a

THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 DECEMBER 2022

4. Tangible Fixed Assets
2022 2021
£ £
Fixtures
&
Fittings Total Total
E £ £
At 01 January2021
Additions
At 31 December 2021		 4,924
—__:
806
_
5,730		 4,924
806
5,730		 4,494
—— (ass «430
_ 4,924
Accumulated Depreciation
At01 January2021 4,339 4,339 4,282
Charge foryear 141 141 57
At31 December2021 - 4,480 4,480 4,339
Net Book Value
At31 December 2021 1,250 1,250 585
2022 2021
£ £
5. Debtors
Prepayments 287 221
287 221
2022 2021
6. _Liabilities: Amounts fallingduewithinone year és £
Accruals 825 775
825 775,
Ts Funds
2022 2021
e £
Balance as at 01 January2022 36,872 43,131
Movement infunds forthe period (544) (6,259)
Balanceasat31December2022 36,328 36,872

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