THE CAMBRIDGE FEDERATION OF WOMENS sTT[TrEs FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DEMBER 2023 CONfENTS AND COMPANY tNFORMATION coKrENTS.. PAGE.. Committ¢¢ Report tnd¢pendent Exan]Èners Report Statement of FiDaticial Activiti65 BdaL]c¢ Shvt Statement of Cash Flow5 Notes to the Financial Statements 8-12 Mrs S Smales VICE-CHAtR.. Mrs L Challands K Baldwin TREASURER.. Mrs V RidgTrw) . BOARD OF TRUSTEES.. Mrs L lieech MTS C WN'lde Mr5 J Sparks (to 2nd October 202i) Mrs J C&sey Mr5 .4 Bullman (to 25th April 2023) Mr5 E Bailey Mrs D M Oakley FEDBRATION SECRETARY.. Mrs H Comiskey ADMINISTRATIVE ASSISTANT.. PRtNCtPAL OFFICE.. WIOffi¢¢ Oatngll Road Girtoll Cambridge CB3 OQH COMPANY NUMBER: 4811643 1099519 INDEPENDENT EXAMINERS.. lan W Shipley FCCA For and on behalf ot. Prentis & Co LLP Chartered Accountants 115¢ Milton Road Cambridge CB4 IXE BANKERS.. The C(ioperaiiYe B. PLC Business Direct BrarLch PO Box 250. SkeimetEdale WN8 6WT SatLtrdnder UIC PI¢ Bridle Road Bootle Mer5eyside L30 4GB
THE CAMBRIDGE FEDERATION OF WOMENS INSTITtrrES PAGE I FNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBEK 2023 COMMITTEES ANNUAL BIPORT The committe¢ preseryi th¢ir anllual report fi)T The Callthridge F¢d¢THtiou of Wowen's htlteS forth¢ 5faT ended 315t De¢eTllEr 2023. The fmaucial ststements comply with the Cbarities Act 2011, thc Companies Act 2006, th¢ Mem(>randum 2nd Article8 of A3sociatioD, aud Aecounting and Reporting by Charitie5'. Slatementof RecoEDmended Prdctice applic&ble to cTrwitie8 prep18 their accounts in accord8nce with the Financial RqM)rtiDg Stslldard applicable in the UK arKI Republi¢ of Ireland (FRS 102) leffeetiv¢ 1st January 2019). STRUCTURE, GOVERNANCB AND MANAGEMENT GOVERMING DOCU.IIEhry The Federati¢ roDstituted iti accord8[ with the.Model COnilon a[RuleS a5 agrttd by NatiODal Federation of WoTnen'5 lEtiteS Annual Genal Meeting. The Federntiijll is a rtharitable company limited by gu8r2ntee, incorporated on 26th June 2003 aTdTegi5tered &8 a Chty on 18th SeNember 2003. The allY established under a Men)orgndwll of As50ci&tion which established the objects and powets of the cbaritable coTnparLy and is governed UTLdeT its Arti¢le$ of AlatIon. AppoIwfMENT OF b£4NAGEh COMMtrrBE The directors of tbe company are also chkrity Ttte foT the pur[&¢ of charity ]AW and U[er the compauies articles are known as MeD]bers of the Board of TTUStees. Under the reqUire[t of the Memordndum Articles of Association tbe memb¢T5 Qf the Board of TfteS are llo1ated aud ¢lxted by th¢ w¢rnber5 of Tht Cambridge Federatioo of Women's Instiknrtes on a 2 year basis. The Board of TTUSt¢es consists of 9 members. The board ar¢ ¢mpDwered to Co-opt up to 3 mellth¢rs rfso desired. RISK hIANAGEMENT The cotnmittee bave examined th¢ nwjor strategic, business and operntiona] risks the Federation faces confnin that 5}'Stert bave been estsblished to enable regul&r rerts to be produced so that necessary steps be taken to l¢ss¢u those risks OBJECTIVES AND AcfivIT The objerts of the Federation were as follows: a) to improve and develop thc condition of wi)rnen's lives and to advance their ¢thation in citit£nthp. inpublic affaS both national and SDternational, in the ths and iti science. b) to facilitste training iti all branebes of hom¢ ¢10Ml¢S and DwJageD)¢nL he41ii wial w¢]fare, the arts and science. To give all wojnen the oppOrttty of wor&ing together through the Wojnell's ItL8tibJte's organi&1 alld putttDg i0 practice these id¢a5 for whiGh 1¢ staud5. The Trustees have con5id¢r¢d guidance pubLisbed by the CTIty Commission on public knefit attd consider the ch]S activities are itt accordatscc witb that guidJn¢¢. ACFllEVEMENT& PERFORhL4NCE AND PL.BLIC BEN'EFrr A year without aTJy Govid restrictiODS gay¢ m£b¢r5 a lot tnore confidenc¢ to g¢t out abimjt and join in CFWI activities. We put on over 30 different events in 2023, iDcluding thre¢ VErypopular coach trÈps. Altnost all th¢ everlts were financiaIly su¢c¢ssfvl alld provided & surplu5 for the Federation. We supported the NFWI 'Clean Rivets, resolution and continucd to knitblaLkets for charity. Our Annual Council Meetujg in April w&4 well attended and we sent 12 dElegates to the NFWI Annual Meeting in Cardiff in.May. Two Board members stood domv this Ye and we welcomed four members to our subComr. Membership nutnbers were sllnilar to lastye8r, and the subscriptioll level lEreaSed by 50p per member. WE Suspended one Wl, wbi¢h takes our Dumber of Wl's at the end of 2023 to 52. We were fortsmate to benefit from genemus rnemE*r donatioDs this year.
THE CAMBRIDGE FEDERATION OF WOMENS INSTITUTES PAGE 2 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DECEMBER 2023 COMMITfEES ANNUAL REPORT.......Jwntillued PLANS FOR THE FufuRE We will continue to provide a varied programnK of events lo ¢nt¢rtsiu our TbErS and raise fi]nds for the Federation. We have invesÉigaled Gift Aid but the numb¢r of de¢latation fonlls submitted by mernb¢r5 w&$ low. We will Continue to review. but will rGintroduce a difftrential pricing rM)licy for events for no]l-m¢mber5. rather than piogtess Gift Aid in 2024. We will rull training courses to supwrt Wl5. The Federdtion portion of the membership SubriptiOn will iticre&%e by 50p this ye4r. We aro not expecting lo uudertae any major work5 to the office. We are, bowever, Ca]ng out areview of the building. wbich may result ID Soll maiDtoonce w0S and we are awote that the slw¢d drive wlll require &lditional grayel. KEY MANAGEMENr The directors consÈder that the board of diTe¢tors. wlLO are the Charitys Thte compri% the key manag¢mEnt personnel of th¢ ¢baTity in charge of directing, controlling, Twning and opeTatitig the Fthion ou a day to day basis. All trngt¢es give theii time freely and no dirE¢tor receivcd renllratIOn in the ye. TRUSTEES INDUCTION AND TRAtNNG Trustees training is proNided free of cbarge bythc NationAI FederntÈon of wfs provide belp alld adiryce on ao ongoing basis. The whol¢ Board recgive this trBining during elecrion year. Ongoillg traiuing is provided as required. FINANCIAL REVIEW AND RESERVES POLICY The Fpderation showed a surplus of .749 (2Q22.. deficit of £15.619). This can be attributed to severdl factQTS- membeL3 growing coufjdence to get oui and about aDd 5upW our programme of events, generous Jnember donations and aD increase ID income from $ubscriptions. Also, we continu¢ to save EDoney by operattng withou¢ an administr8tive LssistaDt. Wc Tcly heavily orA a volunteer helper and will continue review th¢ Ststg situation thToughout the year. The Trust¢e$ regularly review and agree tbe level of reserves the Federatiou bolds. The Trustees aim to have sufficient reserves to meet a year of expendltLe and oth¢r ¢OmTllithiellts. To fulfil this l1¢Ye Trll5tees consider it nK¢$sary to hold aroulld £IOO,000. Currcntty the Federation holds £89.845 {2022.. £78.149) ill frtt reserves and would expect to meet its tsrg¢t through an accumulated Surp18 of the Th¢x¢ coupl¢ oFye4ts. The total fimds of the charity at the end of th¢ ye were £427,822 (2022: £424,073). D¢8EgtiatEd funds of £20.(M)0 {2022.. £20,000) are obtftll)ed for major ttPr works to the office buildin4 which Is reviewoj regularty. RELATED PARTIES AND CO-OPERATION WITH OTHER ORGANISATIONS None of our Trns¢e¢s rec¢ived remuneration or other tefit from tbeir WOTk for the clwity. They are reiEDbursed costs, such as traveL that they incur wholly tti the Course of caThyu)g their duties. The Feder*ion is affiliated to th¢ National Federation of Wl's who proYid¢ beip aud thice. Individu Federations within the Cambridge areapay affili&tioll fees to the F¢deTatio wbo in turn pay affiliation fees to the National Federatiou of WVS. PAY POLICY FOR SENIOR STAFF The senior staff of thc Charity consist solely of the Tnjstees who give their time for free. TRUSTEES The TnbStees who sttved dwiDg the year Jr¢ as follows:_ Mrs S sales (Chair) Mrs L Cha]lattds Ivice Chair) Mrs K Baldwin (Vice Chair) Mrs V Ridgman (Tre&8urerl A BU1]ll (to 25th April 2023) MES C Wylde rs LNecch Mrs J ceY Urs J SpaTk5 (to 2nd October 2023) Mrs E Badey Mrs D M O&kl¢y
THE CAMBRIDGE FEDERATION OF WOMEN'S INSTfTUTES PAGE 3 FfNANCtAL STATEMENfs FOR THE YEAR ENDED 3 1ST DECEMBER2023 COMMITfEES ANNUAL REPORT.......Jcontinu Many of our events and medings are'open" and can therefoT¢ be attended by men and womeJL m¢mbers andnon.memb¢rs. Therefore, in accordance with our constitu110 we have lxnefitted a significant section ofthe public, PTovidittg ¢ducatio support and iTnprov¢d welfare for all wome We have Teferred to th¢ guidallce contaiDed in the Ch8rity CommiSn.S general guidatK¢ OnPLtbIic benefit when reviewing our aims obj¢ctives and in plaDning our fvture acthvities. TRUSTEES, REPONSIBILrriES tN RELATION TO THE FINANCIAL STATEM8NTS The charty Tn4stee5 (who are a]so tbe direttors of The Cambridge Fgl¢ration of Wornen's Institutes br the purrM)8es of ¢onwany law) are responsible for Preparing a Trust¢es' YDuual report and financial statements in accordance applicable law and Utiited Kingdom AOUtill8 Stsn¢Jards (United KingdoTD Gelletally Accepted Accounting PrU¢£I. Compw law requires the tharity Tru5fe¢s tttr prepare financial sthtCertts for each year which give ¥4 twe and fair view of the sthte of affairs of Èbe ¢harithble COD]pw and of the incomxng resources and appIltiOn of resources. including the income and expellditUTe, of the charity for that perio(L ID preparing the fjnallcial statements. the trteeS are required to: sel¢¢t suitable awjunting polieies and then appty them consisy,. observe th¢ m6thods and prin¢iple5 in th¢ ChaTiti¢3 SORP: judgements estimates that are tOllab]e and pdeutr, • state wheÉher applicable UK ac£4)unting stalldards bav¢ len followe<L subject to any Materi departures disclosed alld explained in th¢ fjn&ncial State6ts. ' prepare the financial statements on the going coneern b&8is unless it is illappropriatc to presume that the clmrity will eontinue in bELsiness. The Trus¢ee5 are responsible for ke£ping proper ac£oulltiDg records that disclose with reasonable UracY at any time tht fillancial position of th¢ charity attd io enable them to ensure that thc finattci stargments cowly with the colPanIC5 Act 2006. They are also reswDsible for safrguarding the a%5ets of the chaTity aTtd h¢nee taking reasonable step5 foT the prevention a[ detortion of frdud and other irregularities. The Trustees arp responsiTrJle for the n]nteaTr£C and Integrity of the corporate and fiDancial ttrftirmaEion included on the charitable compally's website. Legislation in the Loited Kingdom governtng the prcparntion and dissemination of the finwncial statenwits diffet from le8islation in other jurisdictions. ON BEHALF OF THE COfvkMtTfEE Mrs S Smales Chair Date.. Z.1¥
THE CAMBRuB FEDEBATION OF WOMEKS fNSTITUTES PAGE 4 FINANCIAL STATEMBNTS FOR IHE YEAR ENDED 31ST DECEMBER 2023 ENDEPENDEKf EXAMINERS, REPORT TO TIIE COMMifIEE OF THE CAMBRIDGE FEDEIIATION OF WOMEN'S STITtrtES I report to the charity federation on my examination Df th¢ 4ccounts of tlle cForithle cornpany for the year ended 3 1st Deeenther 2023. RESPONSIBILITIES AND BASIS OF REPORT As the cbarity's Trusiees of tbe clwitsble company (and also Ats direthors for tbe pwp05e of ConallY law) you are responsible for the pr¢paraÉioll of th¢ aUllts in accordance with the r¢qutreJnents of the Companies Aet 2006 (*he 2000 Act). Having been 5alisfi¢d that the accounts of the company are not required to be 8udited Under Part 16 of the 2006 Act and are eligibl¢ for independent exarnination. I retK)rt in r¢sp¢ct of rny examination of yow Ch1t)S a¢counts carried out uad¢r section 145 of the Charities Act 2011 Ilbe 2011 Art). In carryn]g out tny exaLatrOn I have followed the Directions given by th¢ Charity Commissioll under S¢¢tion 145{5Xb) of th¢ 2011 A¢L I have completed my examination. I confirni that no nlltters have come to my attelrtioll in connection th the examination giving me cause to beli¢v¢.' (l) accoullting reeords were not kept TD re8peci of th¢ coyy &$ required by 5e£tioll 386 of the 2006 ACL (2) the accounts do not a¢cord with those accounting records; (3) the OUnts do not cornpty with the accounting requxrements of se¢tiou 396 of the 2006 Act other than any Tequirem¢ntthat the arullts give a'mi¢ fairf vi¢w whicb is not a matler considered ag part of independent exatllination,. or (4) the accouDts have nut been PTepar¢d iD accordanc¢ with the methods and principl¢$ of the Stat¢went of R0rdea Practice for accotslltitig atid reporting by charities lapplicable io cEticS pi¢paring their accounts in 0[dance with the Finan¢ial RcportiIig Stattdard applicable in the UK aELd RcpubliG of Ir¢lalld IFRS IQ2)1. I bave no concerns and have cojne across no otheraS tn contiection with the exallJiu&ti(Trll to which attention shouLd be drnwi in tbis repon in ord¢r to ¢Dabl¢ a prop¢T und¢rthdillg of th¢ accouuts to be reacheiL IAN SHtPLEY FCCA FORANI) ON BEHALF OF.. PRENfis & CO LLP CHARTERED ACCOUNryANrs & rNDEPENDEKf EXAMJNER 115r Milton Road Catnbridge CBd IXB
THE CAMBRIDGE FEDERATION OF WOMEWS INSTrruTES PAGE 5 FfNANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DECEMBER 2023 STATEMENT OF FINANCIAL AcrIvrnES Accumulated Funds (Ullr¢strirted) 2023 Notes 2022 COME Incone from generated fi¢1. Voluntary inrome Affiliation fr Donations received Fund raising activities Investment iticon Income from ¢baritsbl¢ aaivitie5'. Sub-conllnitt¢¢ activities Meetings and confereDWJ TOTAL INCOME 17.997 5,384 920 1,522 16,432 677 10,992 352 12 33.046 6,l97 10.015 6,098 65,066 44.566 EXPENDITURE Cost of raising fuDds'. Fundraising eosts Investsnent management costs 755 18 6,253 Expenditure on awitsble activities TOTAL EXPENDrtURE 60,544 53,931 01,317 60,185 Net income/(¢xpettditllrel and Lov¢rnent in fu15 for the perioiVyeaT Recon¢iliatioll Df funds Totsl fifftds brought forWd 3.749 {15,619) 424,073 439,692 13 Total fimds carried foThvwd 427,822 424,073 The Siatement of Fioanciai Activities includ&s all gaiDS and losses rQgnised in the year. All llLcoming resources and r¢sources exFnded deTive from continuing activiii¢s. The notes onpages 8 to 12 forni part of these financial statements.
THE CAMBRIDGE FEDERATION OF WOMEKS tNSTITUTES PAGB 6 FfNANCtAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER2023 BALANCE SHEET 2023 2022 FIXED ASSETS Tangible as3etg 317,977 325,924 CURREKf ASSETS Stocks Debt0 and prepasrynents Casb at bank and ui 86 50 124,281 884 1.6[ 111,173 124,417 113.663 LIllEs CREDITORS FALLING DUE WITFttN ONE YEAR io 14.572 15,514 NET CUBIiENT ASSETS 109.845 98,149 NET ASSETS 427,822 424,073 THE FUNDS OF THE CHARtTY Aceutnulated Lllcome Fwids (UDT¢StrRtsd) TOTAL CHARITY FUNDS 13 427,822 427.822 424.073 424,073 The Con]mittee consider that the compaDy is entitled io exemptioll from the re4Uitement to have all audit under the PIOVLSIODS of Section 477(1) of the Companies Act 2006. Membets have not required the COTnpally UDdeF Section 476 of the Cowanies Aet 2006, to obtaill an &udit for the y¢ar eDd¢d 31st Dewth 2023. The dirECtors acknowledge their KespoDsibilitie8 for ensuring that the GEpanY kr¢ps &c¢uulltin8 records which comply with SectiOD 386 and 387 of the CoJnpaDies Act 2006 d for weparillg finan¢iaI stat¢tn¢nts whith give a Iwe alld far view of the state of affairs of the cOmY as at 3151 Dece]nber 2023 alld of its 5Lrplus for the year then ended tn accordance with the requÈr¢m¢Dts of tIOn 396 aud which oth¢rwi5e comply with the requireme1 of the Act Telating to the f[#] ststemeDts &q far &s wlicable to the compally. The fJrÈanciai statemcnts bave been preparEd in accordance with the special provisions relating to companies subject to the sKnall companie5 regime withill Pan 15 of the Companies Act 2006. It Wd5 approved by th¢ £OEDmitt¢e on ZL . I. IL nd signed on its behalf. Mrs S Smales The Dotes ou poges 8 to 12 forjn part of tlwe financial statements.
THB CABRIDGE FEDERATION OF WOMWS INSTITtrrES PAGE 7 FINANCIAL STATEMEYfs FOR THE YEAR ENDED 31ST DECEMBER 2023 STATEMENT OF CASH FLOWS 2023 Totsl Funds 2022 Total Fun¢lg Notes Cash flows frow operatillg actividÉ¥: Net cth pmyided by operating activitie5 15 11,586 {1,743) Casb flow$ from Investhig activiti. Investtnent income 1.522 1,522 352 Net cask provided by inv¢¥tiDg artivttlfy 352 Change in cash equivalents in the p¢ri( and ¢ash equlvaients br•ught rorward Cash attd eash eqmivalents cArrAed forward 13,108 111,173 {lJ91) 112,504 124,281 111,173
THE CAMBRIDGE FEDERATION OF wofvfEs INSTrrtrrES PAGE 8 FtNANCIAL STATEMBNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 NOTES TO THE Fry4ANCtAL STATEMENT. S ACCOUNTffvG POLlCtES la) BASIS OF PREPARATION financial statements have been prepad in X¢¢)rd with th¢ Stst¢ment of Recommeuded Practice.. Accounting and Reportitig by Charities preparttig their financial stsietllents in accordaD¢e with the Financial lieporting sDd applicable in the LK and Repubitc of Ireland (FRS 102) (effective l January 2019)- (Charitie5 SORP (FRS 102)) the FitMllGial RqK*rbng Stsndard applicable in th¢ UK and Republic of Ir¢land (FRS 102) audthe Con¥aDie5 Act 2006. The Cambridge Federdtion of Women's lllstitU mexts the definition of a pub]ic benefit entity under FHS 102. Assets aDd liabilities are Initlty reCogtiis at historic41 cost or traDS&Ction values unl¢s5 Otben¥ist st4t¢d in the relevant accout]ting policy notes. Ib) ASSESSMEN[ OF GOING CONCERN The trusÉee5 cowideTthat there are llo Uncert41nti th)ut the Charitys ability to cotitinlle & & goin8 ioncrrn. Ic) INCOME ID¢ome represents the amount derived from the eb8ritys ordinary activiti¢5. IDcome 15 recognised in the period in which the charity is entitled to receipl and the ain01 w be rnured with reasonable certainly. N¢ income 1$ $t8ted net of any asAxiated expend1th. Id) EXPENDITURE All expenditure is accounted for on an accnjals b&si5. Charitable cnditUre Gompriscs those incurred by the clwity in the deLivery of its a¢tivÉtie$ and seTvices to beneficiaries Governance costs include costs associated with meeting the Constitutional end statutory requirements of the clwity. ExpelldI is hllocatcd to expense headings on direct CQ81 basis. {e) TANGtBLE FIXED ASSETS AND DEPRECIATtON Tangible fixe41 &ssets e slated at wst less detffeciation. Depreciation is provided on all taD8ibk fix¢d w¢15 at rates c21culatcd to WTite-off the costs le&% egtimated r¢$idual value of each &8set evenly over their eXted useful lives a5 follo1. Buildings Fuminwe and office equipm¢Dt CS al 8bi¢ld5 - 2Yo Straight line basis - 2/0 straight line b&sis - 12.5•h straigbt lÉne basis Ifj STOCKS Stscks alld work iti progress are vaLued at the lower of cost al net realisabl¢ value after makillg due allowance for ob501ete and slow Tnoving itCTrJs. Cost in¢lud¢s all direct eXpe1lture and an appTopriat¢ proportion of fixed and Vdriable overbead%. (g) DEBTORS Trade and other debtors are gllised at the settlement amount due afteT any tradc discount offered. Prepayments are valued at the amount pr¢paidnet of pllytra(k diswuuts du¢. (h) CREDtTORS Creditors amd proTrisioDs are regUiSed where th¢ clwity has a PT¢8ellt obligation resu]ting fro]n a pasl event that will result in th¢ tr8Dsfrr of fitnds to a thitd paty 8Dd the aOut due to settle the obligation can be ]neasuTed or &qtimated re]iably. CTwJitors and provisions e nornmlly recogthised at their settlement after allowing for any trade discouuts due.
THE cBRIDGE FEDERATION OF WONWS IKSTITUTES PAGE 9 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DECEMBER 2023 NOTES TO THE FtNANCIAL STAT&MENTS Tr4VESTMENT Invesrtt)ent income comprises bank and building s(1ety interest received dwing the year of £1.522 (2022- £352). Inve5troeryt maDag¢tu¢nt costs CoJnpri of baDk charges paid duriDg the year of £18 (2022. £1). EXPENDITURE ON CHARifABLE ACTJVMES Accumulated Funds (Ullrestricted) 2023 2022 Notes 12 Sub.C0mtni actfftvty exr1 Bwwies and membership5 Office rent, electric and repairs Sttretsries sa]ari¢s Postage. stationery and photocopyin8 Telephone IT expenses Domestic supplies and refuse collxtio InSce Exp¢n5es of meetings, confrrences aDd bospitsjity Travel MaiDtenance aud cleaDiDg Dq)reciation Furniture and office ¢quipmeut Buildings Legal alld profe&5iona] fees Independent Examiner fees Subscrlptions 16,414 37 3,219 17,839 1870 986 601 834 1,240 4.546 1.891 246 4.800 37 2,432 23,297 2,029 987 454 862 1,049 4,733 1,369 1,937 618 7,561 68 1,554 144 7,561 68 1,662 144 60,544 53,931 NET EXPErrVRE FOR THE YEAR This is Stated after charging: tlldep¢Dd¢ut Examiner f¢¢$ Depreciation of tryThle fixed assets 2023 2022 1,662 7.947 1,554 8,179 STAFF COSTS 2023 2022 Wages atsd 8a]arios Employers NatÉonal Insurance Otb¢r staff sts 15,870 356 1,613 21,453 532 1,312 17,839 23.297 There weTe no employees earning overfly0,07 w annuT The average nurtther of employ were.. 2023 2022 Clw&¢able a¢iivities The charity considers its keymanagenient personnel comprtse of the TDJst¢es. Th¢ TrusteC5 did not receiv any reTleratIon in the y. Nine t$t wer¢ poid reimbursed ext*llS¢S totslling £3,511 (2022.. Ten Tryst £1,698)-
THE cAMBB£ FEDERATION OF WOMEN'S ]NSTITUTES PAGE 10 FINANCIAL STATEmErs FOR THE YEAR ENDED 31ST DECEMBER 2023 NOTES TO THE FINANCIAL STATLMENTS TANGIBLE FE¥ED ASSETS Furniture & IADd & Office Building Equipment Cups Shiel¢Ls Total COSTIVALUATtON Balance at 1st Jalluary 2023 Additiojjs 467.288 15,742 4,060 487.090 Ba1ce at 3 IM DecernbeT 2023 467,288 15,742 4,OOD 487,090 DEPRECIATION Balauee at 1st January 2023 Charge for the year BalaucE at 31stD¢c¢rnbei 2023 142.114 7.561 14.992 386 4.060 161,166 7,947 149,675 15,378 4,060 169.113 NET BOOK VALUE AT 31ST DECEMBER 2023 317,613 364 317,977 TANGIBI,E FIXED ASSErs PIUOR YEAR Furniture & Land & Office Building Equipment Cw)s & Sbields Total COSTIVALUATION Balance at 1st 18ntw 2022 Addition5 467288 15,742 4.060 487.0 Balance at 31tt De¢emk 2022 467.288 15.742 4.060 487,090 DEPRECIATION Balance at Est Jalluary 2022 Cbarge forth¢ year Balance at 315t December 2022 134,553 7,561 14,374 618 4,060 152,987 8,179 161,166 142,114 14,992 4,060 NET BOOK VALUE AT 3 1ST DECEMBER 2022 325,174 750 325.924 STOCKS 21Y23 2022 Catering Offire 8tatioDery Federdtion selling itejns 91 634 159 86 86 884 DEBTORS 2023 2022 SQ 1,606 CASH AT BLNK AND IN HAND 2023 2022 Bank Building societies 55.286 68.835 160 43,723 67,313 137 124,281 111,173
ThE CAMBRIDGE FEDEBATION OF wOms tNSTrrutES PAGEII FINANCtAL STATEME¥TS FOR TItB YEAR ENDED 31ST DECEMBER 2023 NOTES TO THE FINANCIAL sTATEMErs io. CREDrroRS 2023 2022 Sundry Grediton and ac¢rual& Rtteipts in advance 14,572 15,535 (21) 15.514 14,572 FUND RAlStNG ACTIvrr CLRRENT YEAR Income ExF¢udltLe Total Fedention selling items Bulbs 68 852 (73) (682) {755) (51 170 920 165 FUND RAISING AcfIviTIES PBJOR YEAR Jnc4)me Expenditure Totsl Events and special eyertts Fedention selling items 10,940 52 (6253) 4,687 52 10,992 16,253) 4,739 12. SUB.COhNITTEE ACTIVIT]ES Incorn¢ Expendittjre Total Public affairg Craft amd cookery Memberships WINews Combined a¢tiviti¢8 337 11,098 286 976 20,349 (127) (4232) (8) 210 6,866 278 976 8,302 (12.047) (16.414) 33,046 16,632 SUBIOMfvfrrrEE ACTtVlTIES PRIOR YEAR EKpendittllr Tota] Public affaiis Craft alld eookcry Leisure WINews Combtned aetivities 115 2,071 1.744 4,640 1,445 16) (5501 (1,340) (2,494) (410) {4,800) 109 1,521 404 2,146 1.035 5,215 10,015
THE CAN(BREDGE FEDERATION OF wOmEs INSTIT[ PAGB 12 FANCIAL STATEMENfs FOR THE YEAR ENDED 31ST DECEMBER 2023 NOTES TO THE FINANCIAL STATEMENrs 13. Ba1ce clfiyd CURRENT YEAR 'fwd Income ExdIf1e Tr8Dsfers Designated fuDd5: Building repftirs fillld General unrestricted fullds 20.IMMJ 20.000 404,073 65.066 (6l,317) (61.317) 407,822 427,822 424.073 65.066 UNRESTrICTED FLfNDS PRtOR YEAR BalatKe Balance Designated funds: BuildiDg repars fuDd G¢Dtral unmtrlcted rd5 20,(K#) 20,000 419.692 44.566 (60.185) (00.185) 404,073 439.692 44.566 424,073 Pukpose of designated fillMIs'. In 2017 the Cottimittee dccided to design*e a sum of £20:000 &8 a fund for nltelln¢¢ and improvement of the Federation Property. The level of this fvndwill be reviewed regularty in line with anticipated future axntenanee and improvement required. 14. RELATED PARTs During Ibe year the were no related party transactions. 15. RECONCtLIATION OF NET MOVEMEKf IN FUNDS TO KET CASH FLQVI FROM OPERATING ACTtVlTIES 2023 2022 Net rnovement ID fimds Add: Depreciation Le55.' InvesttueDI in¢oTD¢ Decreaae}(in¢rej in debtors reaseydecTease in stock iecrBa5eyin¢r¢as¢ in ¢r¢ditors Net cash prov&ded by operatn)g activities 3,749 7.947 (1.5221 1,556 798 (942) l E,586 (15.619) 8,179 1352) (1,032) (6) 7.087 (1,743)