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 **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |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| **----- End of picture text -----**
# 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 1 # 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. 2 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 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 Smallbone Reporting Accountant ## 09 February 2023 **----- Start of picture text -----**
; 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
**----- End of picture text -----**
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| 4 ## THE TYNE AND WEAR SOUTH FEDERATION OF WOMENS INSTITUTES ## BALANCE SHEET ## AT 31 DECEMBER 2022 **----- Start of picture text -----**
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
**----- End of picture text -----**
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. - a. For the year ended 31 December 2022 the company was entitled to the exemption from audit under section 477 of the Companies Act 2006. - b. No notice has been deposited persuant to section 476, requiring an audit of these financial statements under the requirement of the Companies Act 2006. - c. The committee acknowledge their responsibilities for: 1. Ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006. - 2. 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, so far as is applicable to to the company. - d. 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. ## These financial statements were approved by the Management Committee on **----- Start of picture text -----**
and signed on its behalfof by: MiGr DQ.
M Carter = Director & Chairwoman
**----- End of picture text -----**
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 6 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|| 6b