THE CAMBRIDGE FEDERATION OF WOMEN'S INSTITUTES FINANCIAL STATEMEKfs FOR THE YEAR ENDED 3 1ST DECEMBER 2024 CONTENTS AND COMPANY INFORMATION coKtENrs.. PAGE: Committee Report Tndependent EIllerS Report Stat¢m¢nt of Financial Activities Balanc¢ Sheet State]nent of Cash Flows Notc5 to the financial Statements 8-12 CHAIR.. Mrs S Smales VICB-CHAIR.. Mrs L ChalEa1S MT5 E Bailev (from 23rd April 2024) TREASURER: Mrs V Ridgman BOARD OF TRUSTEES.. Mrs L Neech Mrs C Wylde Mrs E Bailey Mrs D M Oaklei"" Mrs 11 E R Williams rEDIRATJON SECRETARY.. Mrs H Comisk¢y PRINCIPAL ObTICE: WIOffice Oakington Road Girton Cainbridge CB3 OQH COMPANY NUMBEIL. 481164J CHAIiII'Y NUMBER.. 1099519 INDEPENDENf EXLlaNERS'. lan W Shiple) FCCA FOT and oil behalf of-. Prentis & Co LLP Chartered Accounwits 115c Mil Road Cambridge CB4 IXE BANKERS.. Thc Cooperative Bank PLC Busitie Direct Branch PO Box 250. Skeim¢rthl¢ WN8 6WT Santander UK PIC Bridle Road Bootle Merbe5iside L30 4GD
THE CAMBRIDGE FEDERATION OF WOMENS sT[r[[rEs PAGE I FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DECEMBIR2024 COMMITTEES ANNUAL REPORT The committee prE5EIlt their annual report for The C8mbridgc Federation of Women's It)stiiutes for the year ended 3151 December 2024. The f]e]l statenLents comply with the Charities 2011. the Comp8Die% Act 2006, the Memorandum and Articles of Association, and A¢¢ountiri8 alld Reportill8 by Charities: Statement of Recomrnended Prdclice applicable to charities preparing th¢Tr accounts in accordance with the Financi741 Reporting Standard applicable in the UK and Republir of Ireland (FRS 102) (effectiv¢ 1st JaTLuary 2019). STRUCTURE. GOVERNAN'CE AND MANAGEMENr GOVEIWJhG DOCUMENT Th¢ Federation was constiiuted in accordance with the Model Constitution alld Rules as agrttd by the N&tional F¢deratlDn of Women's Institutes AnttuaL General Meeting. The FedeTation is a charitsble ¢ompany limited by guaraThtee, incorporated on 26th June 2003 and registered &q a charitv on 18th September 2003. The coropany was estabLished under a Memordndum of A&40ciation H'hich established the objects powers of the rharitable compally alld is governed under it5 Article5 of Association. APPOINTMENT OF MANAGEMwf COMMtTfEE The dire¢tors of the compally are also cbarity TTusiees for the pwp05e of chaTity law and under the compleS articles are as Members of the Board of Tn]5tecs. Under the require]nent ofthe Memorandum and Articles of Associalion the emberS of the Board of Trustees are nominatcd and ¢It by the eberS of The Cambridge Federalioll of Women's Institutes OIL a 2 year basis. The Board of Trustees consists of 9 members. The board are cpowrr¢d to Co-opl up to 3 members if so d¢$ire(L RISK MANAGEMENT The ¢omJnittee have examined the rnajor 5trdteojc, busin5 and operationa] risks which the Federation faces and confjrin Ihat gyStenLS have been established to ellable regular rcports to be produced so thal necessary steps can L7e t¢ to Ics5en Ibose risks OIIJECTIVES AND ACTIVtTIES The objects of the F¢d¢ration were as follows: a) to improve and dcvclop the condition of women'i lives and to advance their education I citizensbip, in public 8ffair5 both ntLtionxl and international, in the arts and in science. b) to facilitate trdining in all branches of home economic5 alld managellLenL health, Social welfd. re, the drtb. and science. To give all women the opwrtunity of workingtog¢ther thmugh the Women's Instite,& organisation. dnd putting into practice tILe5e ide&s for which it stan<L8. The Te¢S have considered guidance published by the ChaTity Commi55ion on publi¢ benefit and consider the Iharitys activities ar¢ in wcordance with that guidance. ACHIEVEI(ENfs, PERFORMANCE AND PUBLIC BENEFIT 2024 was another very busy year for CFWI. We organi5cd 42 different acliirytie5 for mcmbcrs to enjoy, ineluding 7 coach trips, 4 lunches and a varicty of thlks, walks and workshops. Altnost a]1 events were fjnanciallv suecessful and provided a surplus for the b¢deration. Our Annual Council Meeting in April w&s well attended and we sent 13 delegates to the NFWI At]nual Mcding in IATrndon in June. One of ow Trustees dted ID Allgust thts year and we c(opted a Dew member to the Board. We also welcomed three nLw mernb6rs to our subcofttJmittee5. Meinber5hip llumbers were sligbtly down on last year- dropping by 55 and the subscription incr&ed by 50p per member. We susp6nded olle Trl. which takes ournumber of Wls at the end of 2024 to 51.
THE CAMBRIDGE FEDERATION OF WOMENS INSTITtrrES PAGE 2 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DECEMBER 2024 CommIEEs REPORT........l¢ontinu¢d PLANS FOR THE FUTURE We will continue to provide & varied programme of evertts to entsrtain our members and raise fi]nds for the Federation. We will 8150 run training courses to support the Wls. We will investigate Gift Aid and continue to encourage our meTllb¢TS to support the WI Lottery and sigll up to E&si(UDdrai5ing. The Federation portton of th¢ membership will increase by 75p this year. We will carry our sOe e55ential maintenance wotk to the office building this year, improving internal lights in the meeting room and r¢pairiThg wiThdow5. The shared drive will require more gr4v¢I to fill potholes. We will atso invest in a TV screen for the meeting rots, to be used for zoom meetirsgs and tslks. KEY MANAGEMENT The directors consider that the board of director4 who ar¢ th¢ Ch4riWs Trusttts, comprise the key Tnanagem¢nt personnel of the charity in charge of directi, controlling. nllu)l and opeAting the FeratIOn on a day to day basis. All trustees give tlkeir time freely and no director received refflLmeration in the year. TRUSTEES tNDUC-I ION AND TRAINtNG Trustees training is provided free Of charge by the fvational Federatton of Wli who provide help and advice on an ongoing basis, The whole Board receive this trainints d.Jring aD eleiion year. Ongoing training is provided as required, FINANCIAL REVIEW AND RESERVES POLICY The Fed-ratiori showed a deficit of £785 (?023= surplus of £3.749}- This Can be attributBd to several factots- w¢ have not had any sizable donation this year and it is tnore expensive to njn some events. Coach and veryue hire costs haye risett. We b¢nefited from the transfer of funds fro the 5 Wls that suspended in 2021. We Pllso joined the NFWI 5ottery as a ood cause and benefit from a small monthly incoEne b&sed on the lotterv s&es and signed up to Easyfundraising. We changed the way w¢ take money for events by introducing a ticketing piatforni- Tickeoll¢. W¢ continu¢ to save money by operating without administrative assistantbut Trly heavily on volunteers to pick up this work. The Trustees regularly review and agree the level of resetves the Fountiation holds. The Trustees aktn to hav¢ sufficient reserves to rntet a year of cxpenditur= and gther ttMents. To lfil this policy Lie 7'ntee5 consider it necessw to hold arollnd £IOO,000. Currently the Federation holds £96,967 (2023- £89,845) llj fite reserves and would expect to meet its target throuoph an acCUlated surplu5 of the next couple of yea. The total funds of the charity at the end of the year were £427,OJ7 (2023.. £427,822). Destgnated fvnds of £20.000 (202i'. £20,000) are retailled for major repair works to the office building, which is review regularly. RELATED PARTIES AND c(koPETIoN WITH OTHER ORGANtSATIONS Nono of our TrJstees received retnulleration or other benefit froln their work for the charity. They are reimbuTsed costs, SLtch as travel, that th¢y incur wholly in the course of caryffing out their duties. The Fed¢ration is aifiliated to the National Federation of Wls who provide help and advice. kndividual Federations within the CatnbFidge area pay affiliation fees to the Federation. who in turn pay affiliation fee5 to the Natiotjal Federatioll of Wfs. PAY POLICY FOR SENIOR STAFF The 5etLior staff of the Charity collsist 501ely of the TDJstees who give their time for free.
TNB CAMBiUtXlB VEDERATION OF WOMBNS NSTITI PAGBJ IIINANCIAL %fATEMENIE FOR TriB YEARENDED 3 1ST DBCEMBER2024 coMMtTfEIBS ANNUALRBPORT........loJtttinued TRUS'fBBg Th¢ Thstocs 10 8orved durln8tho year as &J]lo..- Mrs S (Choir) Mr3 L ChallondE Ivlco Cbgii.) Mtg K B¢ldwkn(Vi¢¢ Choir b) 22td Awil 2024) Mts V Rid8rÈian (frwurer) Mr8 C Wyld¢ Mrs L Ne¢ch MTX J Cwy Ilo Z3rd A¥guxt 2Q24) Mn B B&ky(Vi¢e Ch#lr fro¢J) 23rd Aprll 2024) Mrs D M Oakley Mrs H BR Willlns (frorn3 Iuno 2W4) Matw of o)Jrevertts and Ineclirw arn"Lyert' and can tb¥ifoYe be a#¢ndd by men 8ftd womch, eMberS and nott.mgmbcrn TheTefor¢, in a¢¢ordan¢¢ wtth our wnstity¢on, we have btrlefitred 08wificantsecLion of tho publK provldkngeducatS0 support and improv¢d wcifate for all wollwi. We have refetTed to the 8uSdllLWe contained Stt th¢ Ch8rtty CommlsYioll'sgcDuYI gllida%¢o onpubli¢ bertéfitl)gn r¢vl¢wins our aims and objt¢tive3 and pFetmbwo fvlure xtlvii¢e8. TRUSTEKg' REPONSIBILITtES IN RBLATLON TOTHB FNANCIALsfAITMBtaE ThE cl)arity TTUSI¢¢S Iwkn are aIso tie directors oETh¢ CHb[[dge Federation o!WomEn'$ Ijtsdtutss I pu60$ of Company law) ere resp¢Jn3I 4e for prewllig a ThJ5te& pnnuaj yeport0y rgn¢lA6 3t&tements aceordonce ivithapplicable law and Unlted Klttgdom A¢GobntingStathth Cunited Kingdom GeOalty ACCEpt Ath)tEn(iDg Ptic?). Company law rEqulrg3 th¢ ¢harliy to fthasKlu15tllIefjts for¢a¢h yBar whi¢h give airne and fairvicw of the 8lat- of aff&irs oFthe tharitable ¢0Panyd Df the i11 reYoU and application of rosourco4 lftttludin8 the In¢omd and ¢xp¥ftdi of the Cherity for that pet4od. En pretthgthe fwn¢ialst&t¢m¢tsts, th¢ I(ee$ WEred to: 4 $el¢¢t suitobl¢ Iountin0 wli¢i¢s th¢n apply thL¥n consFltet7. • obse¥ve Ike mcthods atld piinciples in ttr Cbarities SORP. ' makejudgements and <slim3tes th8 rea80rJabl¢ aod pnth4 1 8tate wtleiber oppil¢aile UL8ccounting Itandards beeafolloryL bJCGtt0 Bny materlal d¢parttw¢s disclo5 artd 6xpIAined in the financial statemeo¢8' prep&'2 tbE fin&ncial slatemmls ontho conc£1 wdess it u knapproprtat¢ io pr&wtfto thai the d)arity will continu¢ its Tho T'rustes ate r¢sponsible forkeeplog woper Rccountiog recoTd$ ihotdtsrlose wlth re&wnabl¢ ac¢#Jrn¢yfttanytime the f5tiBLoiul posStioll of tbe ¢hJrily bnd cnllblo thcnt to gur¢thrth0 finwl4151&(monts comply ivith IlieCompMles Act 2006. y&re 0130 re8ponkible for2èfeguordltJ8 thèawts oftheehBrfiy and hyn¢¢ tdklnsr•B8onthl¢ st¢P5 for til¢ pwycndon atsd detection of froud and othcr in1rItICAq. Tho TrLtsloes are re5poDslble for tho maintellQQ¢Q lI0ty0rtho oiid fuwlltlil lfurnILI0 Ulwluthd oil I ¢liorltabl¢ ¢otnpany.'$ w¢b31L(s. IxglslatÉoD in Ihc Unlted KLbNi soveniliiB tho pirpjrntlon niid dl8soiiilii#ttoo of tlic st8letn¢Trts rn%ydif¢er frfjnl logtslatlon hi olberJurWlcLkn ON BF.14AtJ7 OF ITrEB COMMiTrE Mrs S STiilll¢s 7.+. 2025
THE CAMBRIDGE FEDERATION OF WOMEN'S fNSTITUTES PAGE 4 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 INDEPENDBNT EXAMtNERS' REPORT TO THE COMEdrrrEE OF THE CAMBRtDGE FEDERATION OF WOMEN'S INSTITUTES I rey)rt io the charity federthn on my exaEuiDaliou of the accouDts of tb¢ dwi¢4blc cwnpany for the year ended 31st DecemtrKr 2024. RESPONSiBiIJTIES AND BASIS OF REPORT As the charltys Trll8tees of the charitsble conlpony (and also Ais direc for the purpose of comparLy law) you are resportsile for the preparation of the 0nts in accord Hith the requirements of th¢ Cowies Act 2(M)6 (Ybe 2006 Arf). Having bE¢n satisfitd that the accounts of the comFony aTe not required to be audited under Part 16 of the 2006 Act and are eligible for independent ¢X4Tnination. I rqjort in res1t of llry examiDatson of your cl)arAty's accounts carrled out under sectioD 145 of the Charities Act 2011 Cthe 2011 Art). In carrying out my examinati( I have followed the Dire¢tiOll5 given by the Cbayity co15s1on under sectioD 145(5Xb) of the 2011 ACL INDEPENDENT EXAMINERS, STATEMEKr I have completed my exalllition. I collfiTm that ]Datt¢T5 have c¢)me to my att%ttioD iry ¢oDDertion with the examination givit)g me cause to k]i¢ve.' (l) aGCQUlltiDg records were JKrt kepl in respect ofthe company as rwuiTed by tion 386 of th¢ 20Q6 Act. (2) the accounts do not accord with those accounting reeords,. (3) the accounts do not comply with the acCOtIng requirernents of 5Xtioll 396 ofthe 2006 Ad othertha a]ry rquir¢ment that the accounts give a'true 8lld fairf view which is not amatter c4)nsidered as part of an independent &xaroination' ( (4) th¢ aGGoullts havE Iiot bcen prEpared iti acG(¥rkn with the metbods and principle5 of the sement of Recomn)ended Practice for accounting and reporting by clwities lapplicable to cbariiies preparlng their aCcOts ID accordance with the Financial Reporting Standard applicable in the UK and R¢publi¢ of Ireland (FRS 102)]. I hav¢ no concerns and have come acT055 J)0 other matt¢rs in conn¢fflion with the ¢xamingti¢m tsb wbi¢h attention should be drawm in thi5 rewrt in ord¢r to ellable & Pro understanding of the accouDts be reached. SHIPLEY FCCA FOR AND ON BEHALF OF.. PREKllS & CO LLP CHARTERED ACCOUNTAN13 & 115¢ Milton RIMd Cambridge CB4 IXE
THE CAMERIE FEDERATION OF W0}ENs tNSTITUTES PAQE 5 FINANC]AL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 sTATEmr OF FINANCIAL ACTIVITIFS Auul31ed Funds (UDrestrirted) 2024 Note5 2023 COME Income from generatsd fund8: Voltary incomc Affiliation fres Donations received Fund raisillg activities Investt))ent inco]n¢ lllcouJ¢ from cbaritable aclivities.. Sub-committee activities M¢¢tiD&s alld conferences TOTAL fNCOME 17,847 4,909 814 1,939 17.997 5.384 920 1.522 12 30,579 4,427 33,046 6.197 65,066 60,SIS EXPENDITURE Cost of rdising fijndq: Fundraising costs Jnvestffj¢llt management costs 609 755 18 Exp¢nditure on Charitable a¢tiviti¢$ TOTAL EXPENDITURE 60.691 60.544 61.317 61,300 Net lexp¢ndiiureyincome and movement in fu for the year Reconciiiatlon of funds Totsl fitllds brought fonwd (785) 3,749 427,822 424,073 13 Totsl fidS carrled forward 427,037 427,822 The Strtement of FinclaI Artivities jhkS all gains and 10&4es recognised TD the yrar. All incoming tf30urces and resources expended dvE from continuing aCtivitr. The notes on pages 8 to 12 form part of these financial stst¢Ju¢DL
THE CAMBRU)GE FEDERA TION OF WOMEWS INSTITUTES FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST DECEMBER 2024 BALANCE SHEET PAGB 6 Notr 2024 2023 FIXED ASSErs Tangible assets 310.070 317,977 CURRENT ASSETS Stooks Debtckrs and prepawents Cash at bank and in bK1 75 3.891 128.154 131120 86 50 124,281 124,417 LIABILITIES CREDITORS FALLG DUE WITHIN ONE YEAIi NET CUIiRENT ASSETS NEf ASSETS 10 15,153 14.572 116,967 109,845 427,037 427,822 THE FUNDS OF THE CHAIUTY Ac¢umulated Income Funds (Unrestricled) TOTAL CHARITY FUNDS 13 427,037 427,822 427,822 427.037 Thc Committee ¢onsiderthat ttr company is entitled to exemption from th requirement to have an audit under ths provisions of S¢10 477(1) of the Companies Act 2006. Memb¢rs have not required the compony Lttjder Section 476 of the Companies Act 2006, to obtain all audi¢ fortbe year etsded 31st December 2024. The directt)rs acknowledge their responsibilities for ensuring that the company keeps accounting re£ords which ¢ornply with Section 386 and 387 of the Companiey AGt 2006 and for preparing financial staten]ents which givE a trnc and fair view of the state of aff&ir5 of the company as at 3 1st D¢mber 2024 and of its deficit for the year then ended in accordance the requiremeDts of Section 396 and which otherwise colltpty with the rwuirements of the Act relating kn the financial ststcnients as far as applicAble to the cotllpany. The finanrial statemcnts have been prepared in accordanc¢ with the special ptovisions relatin8 to w]J]pallies subje¢t to thc Strtall companies r¢gime withui Part 15 of the Compat]ies Act 2006. It was approved by thr corntnitt¢¢ on and Signed on its behalf. Mrs S Smales Chairmg The notes on pages 8 to 12 forni part of thes¢ financial ststements.
THE CAMBRIDGE FEDBRATION OF WOMEWS INST]TUTES PAGE 7 FtNANCIAL STATEMENTS FOR THE YEAKENDED 3 1ST DECEMBER 2024 STATEMENT OF CASH FLOWS 2024 TotAI Funds 2023 Tot81 Fun¢ls Notes Cash flows from operntlng ae¢fvltks: Net cash provided by activiti¢s 15 1.934 11,586 Cash Ilows fron) investing Aetivities: Jnve5tm¢nt income 1.939 1,522 1,522 Net cash provided by investing ae¢ivities 1,939 Change in casb and c&8h equivalents in the puiod Casb and equivaleknts brought fonvanl Ca5b and cash equivalents carried fornrd 3,873 124.281 13.108 111,173 128,154 124281
THE CAMBRIDGE FEDERATION OF WOMEWS INSTITtrrES PAGE 8 FINANCIAL STATEThryS FOR THE YEAR ENDED 31ST DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS AccouKfiNG POLICIES (a) BASIS OF PREPARATION fmallGial ststements have been pre[ed iti acc4)rdance with the Statement of Recommended Ptactice.. Ac¢ouDting and Reporting by Chariti¢S PT¢paTing their finenciai 5taternents in accordance with the Finan¢ial ReportiDg Stondard applicable ill the UK and Repub]ic of Irelattd (FRS 102) (effective l January 2019)- {ChaTitics SORP (FRS 102)) and the Finaneia] Rep)rting Standard applieable in the UK and RePEliC of Treland (FRS 102) and the Act 2(6. The Catnbridge Fw]e1Oll of Women's Instiuts rnts the definition of a public benefit entity under FRS 102. Aets alld liabilities are illitllY recognised at historical c(Jst ortran9action values unless othenvise stated in the relewant accounting p)licy nol¢& The presentati¢xJ currellcy ofthe financial Stste]n is th¢ Pound Sterkng (£). (b) ASSESSMENf OF GOING CONCERN Th¢ trus¢8 consider that there are JK> materi U[etieS about the Charity's ability to continue as a going concfJn. (¢) INCOME Income represents the amount derived frrm) the djariws ordinary activities. Inc4)me is recolIsed in the period in which the tharity is ¢tIlled to [elpt and the alnount can be uw5ur¢d pith Tewnable ¢ertaiDty. No iticome is sthted net of arty &Tated exndIture. (d) EXPENDITURE All expenditure is accowited for OD an accru5 b&8iS. Clkritsble expenditure comprises those costs Incued by the charity in the delivery of its activities and services to Ixncficiaries Governance costs includc costs associatcd with meettngthe eonstitlltional Ind statutory requirements ofthe charity. EX[ndine is all0ed to expense headings on dIt cost basis. (e) TANGJBLE FIXED ASSEfs AND DEPRECIATION TaDgible fixed &&4ets aTC skted at C05t depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to writ6-off the costs less eslimated r¢sidual value of each &49et evenly over their eXd usefid ]ives follows: Buildings Fumiture and office equipment Cups and shi¢lds - 2°h srraight line b&sis - 21PA sThight liJ]e basis - 12.5Y• straight ]ine basis (O STCCKS Stocks alld work iti progress valued at the lower of cost and net realisable value after making due allowance for obsolete a[ slow movillg itelns. Cost 1chl&S all dircct expenditure and an appropriate proportion of fixed and variable overhewjs. Ig) DEBTORS Trade aDd her debtors recognis¢d ai tbe 5¢tt1em¢Dt aTnowit du¢ after anv trade discount offer¢d. Prepayments are valued at the amount prepaid net of any discounts due. (h) CREDITORS Creditors and provisions are Tecognised Whe the charity a presutt obligation resulting from a past eveDt that will result in the trYllSf of fullds to a thitd party and the. at))ount due to settle the obligation call be m¢a5ured or ¢stiated lIablY. Creditors and PKOViSiODS are normalty recognised at their settlejnent amount after auowing for any trade discounts due.
THE CAMBRIDGE FEDERATION OF WOMEN'S INSTrruTES PAGE 9 FANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 NOTES TO THE F]NANCIAL STATEMENTS Investtnent iDcom¢ comprises bank and building society interest received durillg the year of £1,939 {2023 - £1522). Investment managernart costs conw] of bank charges paid during the yearof £Nil (2023 . £18). EXPENDITLRE ON CHAB]TABLE AcrJvrriES Accurnulated FuDd8 (Unrestricted) 2024 2023 Notes 12 Sub.COnllte£ acttvity eX8¢S Bursaries and membership5 Office Tent, ¢le¢tric and repairs 16,399 16.414 37 3.219 17,839 2.870 986 601 834 2.855 18,976 1,664 1,052 592 670 1,220 3.075 1,674 2,603 Postsg¢, slatiollEry atml pTrknopyiDg T¢lEphone IT expeD5e5 Domestic supplies and refiL8e Collectio In5UTance Expenses of meetw. and hospitslity TTavel mainternCe and clealliDg Deprecialion Furnitute and office eqUIpttL Buildings Legal and profe&gional fe Independent Examiner fr¢s Subscripti4)D5 4.546 1.891 346 7,561 54 1.794 156 386 7.561 68 1,662 144 60,691 60,544 NEf EXPENDITURE FOR THE YEAR This is sÉat¢d 8ftEr dwgin IDderndent Examiner f¢¢s Depreciation of tallgible fixed &s5ets 2024 2023 1,794 7,907 1.662 7,947 STAFF COSTS 2024 2023 w¢S and salaries Employers pension wtstnbuti0tt8 Other staff costs 17,145 370 1,461 15,870 356 1,613 17,839 18.976 There weTe llo employees earniDg ov¢r ¥fj0.o anul[L The average mthiber of en]ploytts we. Charitable activities 2024 2023 ' clthrity considers its keym8Dwent personnel are the Trustee& The Trustees did not Teceive any reD)un¢rdtion in the yw. Ten tru5te¢s were paid reimbursed expense8 totalliDg£3,152 {2023: Nine Trustce5 £3.511). A total of £12 was r¢¢¢iv¢d frojn as fee illcome lch is giveu at the same market rat¢ as'norn)al'
THE CAMBRIDGE FEDERATION OF WOMEWS INSTrrLrrES PAGE 10 FINANCIAL STATEMEwfs FOR THE YEAR ENDED 31ST DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS TANGIBLE FIXED ASSETS CURRENT YEAR Furniture & Office Building Equipment Cups & Shieltts Total COSTIVALUATION Balance at Isi January 2024 and 315t Decernkn 2024 DEPRECIATION Balallct at Jalluary 2024 Charge foi the year Balance at 3 1st Decernber 2024 467.288 15,742 4,060 487,090 149,675 7,561 15J78 346 4,060 169,113 7,907 157.236 15.724 4,060 177,020 NET BOOK VALUE AT 31ST DECEMBER 2024 310.052 18 310,070 TANG]BLE FIXED ASSETS PIUOR YEAR land & OffiGE Building Fquipment Cups & Shields COSTIVALUATION Balanc¢ at 1st January 225 Additio])s 467288 15,742 4.060 487.090 Balance at 3 1st DecemTrKr 2023 467,288 15.742 4,060 487,090 DEPRECtATtON Balan¢¢ at 1st January 2023 Chorge for the ye4r BalaDce at 31st Dx¢mber 2023 141114 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 STOCKS 2024 2023 Federation selling itenLS 75 DEBTORS 2024 2023 Prepayments 3,891 50 CASH AT BANK AND IN HAND 2024 2023 57,189 70.774 191 55,286 68,835 160 Building societies 128.154 124,281 10. CREDITORS 2024 2023 Sullthy creditors and 8]$ Social Security and other taxes 15,150 14,572 15.153 14.572
THE CAMBRIDGE FEDERATION OF WOMEN'S LNSTITUT&S PAGE 11 FANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 NOTES TO THE FINANCIAL STATEMEFnS FUND RAISNG ACtIVlTI&S 2024 Total 1c Exp¢uditure Federatiot) selling it¢ll Bulbs 66 748 {ii) {598) (609) 55 150 814 205 FLWD RAISING ACllVITIES PRIOR YEAR 2023 Total ]ncome Expendiiwe Fedezation selling it¢rns Bulbs 68 852 (73) (682) (755) (5) 170 920 165 12. ScOmmITTEE ACTIVITIES 2024 Totsl Income Exrtoditure Public affairs 662 {134) {4,396) {328) 528 4287 415 1.090 7.860 M¢]llberships WINews Combined aclivities 743 1,0 19,401 30.579 (11,541) (16.399) 14,180 SUB.C0MrrEE ACTIVITIES PBJOR YEAR 2023 Total Income Expenditure Public affaiTS Craft &nd cookery M¢mber5hips WINew5 Cojnbilled activities 337 11,098 286 976 20,349 {127) (4,232) (8) 210 6.866 278 976 8,302 (12,047) {16.414) 33.046 16,632
THE CAMBRIDGE FEDERATION OF WOMWS INSTrrurES PAGB 12 FfNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 NOTES TO THE FINANCIAL STATEMEtra 13. Balance blfwd Income Expenditure Trf5 Balpnc¢ clfwd De5igii8ted funds: Building Tepair5 fiRnd Gelleral unrestricted funds 20.(KJO 20,000 407.822 60,515 (61,300) (61,300) 407,037 427,037 427. 60515 UNREsTricfED FUNDS p0 YEAR BalarKe blfivd tncon]e Expenditure TTaDsfErs c/fwd De8igll•t¢d funth: Building repairs fimd G¢Trer¥l WDre5trieted funds 20,(KK) 404.073 20,000 65.lJ66 (61,31 (61,317) 407,822 427,822 424.073 65.066 Pwpose of do5igDatsd fi&8. In 2017 the Coll)1ftee dldl to designate a sutn of £20.(KK) as a fvnd forDJaitEDe¢ and improvejnent of the Federation propety. The level of this fiu)d will be reviewed regulty ill Itne with anticipated future aintenance aDd iMprov£ct required. 14. RELATED PARTJES During tbe year there were no re]ated POTty tran0$, otherthan thos£ di5elosed at note 5. 15. RECONCtLIATION OF NEf MOVEMENf IN FtfNDS TO NET CASH FLOW FROM OPERATING ALIIVITIES 2024 2023 Net movement in fiuNts Add.. DepTcciation ILSS.. Inyeslment illc¢)rne DeCTeaSel(in¢re) ill debtors Decttase in stock (Decrease)lincreas¢ tll creditors Net provided by operating activities (785) 3,749 7,907 7,947 (1.939) (1.522) (3,841) 1,556 798 {942) 11,586 581 1,934