2022-01-31-accounts

			2022	2021
Note			E	E
	Income from:
2	Donations and legacies		186,543	234,020
3	Charitable activities		18,998	20,252
4	Other trading activities		6,578	4,828
5	Investments		15,749	18,762
6	Other income		14,556	31,533
	Tota I Income		242,424	309,395
	Expenditure on:
7	Raising funds		10,810	18,900
8	Charitable activities		488,214	631,544
			499,024	650,444
15	Net gains on investments		33,111	27,780
	Net expenditure		(223,489)	(313,269)
	Reconciliation offunds:
	Total funds brought	forward	970,511	1,283,780
20	Total funds carried	forward	747,022	970,511

Note						2022	2021
						6
	Fixed assets:
13	Intangible	assets				7,980	13,020
14	Tangible assets					4,239	7,847
15	Investments					748,497	974,787
					Totalfixed assets	760,716	995,654
	Current assets:
	Stocks					6,600	6,160
16	Debtors					32,198	35,568
	Cash at bank		and in	hand		34,552	48,672
					Total current assets	73,350	90,400
	Liabilities:
17	Creditors: Amounts			falling	due within one year	(86,435)	(113,317)
					Net current (liabilities)	(13,085)	(22,917)
					Total assets less current liabilities	747,631	972,737
18	Creditors: Amounts			falling	due after more than
	one year					(609)	(2,226)
	Total net assets					747,022	970,511
	The funds of		the charity:
	Unrestricted		funds			659,637	809,716
	Revaluation	reserve				87,385	160,795
20					Total charity funds	747,022	970,511

2	DONATIONS					2022	2021
						E	E
	Affiliation fees					186,501	233,717
	General donations					42	303
						186,543	234,020
3	INCOME FROM CHARITABLE				ACTIVITIES	2022	2021
						E	E
	Events					3,998	6,120
	Townswoman	Magazine				15,000	14,132
						18,998	20,252
4	OTHER TRADING ACI IVITIES					2022	2021
						E	E
	internet advertising		receipts			362	206
	Sale ofTG branded		goods			6,216	4,622
						6,578	4,828
5	INVESTMENT INCOME					2022	2021
						E	E
	Income from	UK listed investments				11,490	11,302
	Income from	overseas listed investments				4,252	7,392
	Bank interest					7	68
						15,749	18,762
6	OTHER INCOME					2022	2021
						E	E
	Coronavirus	Job Retention		Scheme		5,015	30,310
	Closed guilds	and development			funds	9,541	1.223
						14,556	31,533

ES TO THE FINA inued)	ES TO THE FINA inued)	NC	IAL		ST	ATEM	ENTS for	the year end	ed 31Januar	y 2022
RAISING FUNDS									2022	2021
									f	f
Cost ofgoods sold									5,569	12,607
Investment	management				fees				681	(1,176)
Other direct	costs	(including				direct	staff costs)		2,681	2,864
Share ofsupport costs								(note 9)	1,666	4,312
Share ofgovernance			costs					(note 10)	213	293
									10,810	18,900
CHARITABLE	ACTIVITIES						Direct	Support	Governance	Total
							Costs	Costs	Costs	2022
2022							f	f	f	f
Events							45,238	20,822	2,665	68,725
Campaigns							23,302	15,471	1,980	40,753
Townswoman	Magazine				&
Newsletter							171,784	8,808	1,127	181,719
Raising awareness		&	Guild
development							96,398	26,444	3,386	126,228
Membership	management				&
support							48,781	19,511	2,497	70,789
2022 Total							385,503	91,056	11,655	488,214
								note 9	note 10
2021							Direct	Support	Governance	Total
							Costs	Costs	Costs	2021
							f	f	f	f
Events							36,114	48,295	3,287	87,696
Campaigns							27,533	38,809	2,641	68,983
Townswoman	Magazine			&
Newsletter							213,551	21,560	1,467	236,578
Raising awareness		&	Guild
development							99,905	56,919	3,875	160,699
Membership	management				&
support							37,059	37,946	2,583	77,588
2021Tota I							414,162	203,529	13,853	631,544
								note 9	note 10

9	SUPPORT COSTS		2022	2021
			E	E
	Premises expenses		42,072	43,148
	General office costs		35,568	34,728
	Staff costs - for those	able to work	8,825	35,729
	-for those	on furlough	6,257	41,589
	Redundancy costs			52,647
			92,722	207,841
	Allocated to:
	Raising Funds		1,666	4,312
	Charitable activities		91,056	203,529
			92,722	207,841
10	GOVERNANCE COSTS		2022	2021
			E	E
	Independent examination	fees	1,250	1,250
	Legal and professional		7,583	7,752
	Trustees' expenses & meeting costs		3,035	3,425
	Financialstatements			1,719
			11,868	14,146
	Allocated to:
	Raising Funds		213	293
	Charitable activities		11,655	13,853
			11,868	14,146
11	NET EXPENDITURE		2022	2021
			E
	Net expenditure is stated	after charging:
	Independent examination	fees	1,250	1,250
	Depreciation oftangible fixed assets
	Owned assets		1,486	2,571
	Leased assets		3,642	5,573
	Amortisation of intangible	assets	5,040	5,040
	Operating lease rentals
	Property		21,092	19,684
	Other leases		51	283

12	INFORMATION REGARDING EMPLOYEES	INFORMATION REGARDING EMPLOYEES	AND TRUSTEES	2022		2021
				E		E
	Salaries			142,005		231,524
	Social security costs			8,405		14,617
	Pension costs			14,156		19,899
				164,566		266,040
	The management ofTG is undertaken		by the Trustees with support		from key
	members ofstaff. However, no	member ofstaff can be		considered	to be key
	included in total staff costs are	the following:				2022
						E
	Costs of furlough periods not worked		due to pandemic			6,257
	For which Government funds were receive (included in			other income)		(5,015)
	Net cost borne by Townswomen's Guilds					1,242
				2022		2021
				Number		Number
	Average number ofemployees calculated		on a full-time
	equivalent basis
	Employed wholly on administration	and management
	Employed partly on direct charitable	activities and partly
	on administration and management

13	INTANGIBLE FIXEDASSETS		Database
			E
	Cost
	At 31January 2021 and 31January 2022		25,200
	Depreciation
	At 31January 2021		12,180
	Charged in the year		5,040
	At 31January 2022		17,220
	Net book value
	At 31January 2022		7,980
	At 31January 2021		13,020
14	TANGIBLE FIXEDASSETS - HELD FOR CHARITY USE		Office furniture
			and equipment
	Cost		E
	At 1February 2021		41,158
	Additions in the year		1,844
	Disposals offully depreciated	assets	(3,276)
	31January 2022		39,726
	Accumulated depreciation
	At 1 February 2021		33,311
	Charged in the year		5,128
	Disposals offully depreciated	assets	(2,952)
	At 31January 2022		35,487
	Net Book Value
	At 31January 2022		4,239
	At 31January 2021		7,847

15	INVESTMENTS				2022	2021
						E
	Listed investments
	Market value 1 February	2021			866,815	1,227,164
	Additions at cost				319,755	386,108
	Disposals at market value				(511,158)	(774,237)
	Gains/(losses) in market value				33,111	27,780
	Market value 31January	2022			708,523	866,815
			Market Value		Cost
			2022	2021	2022	2021
			f	f		E
	UK listed investments		185,295	259,053	182,794	262,567
	Overseas listed investments		523,228	607,762	438,344	443,453
	Total listed investments		708,523	866,815	621,138	706,020
	Cash held by investment	managers	39,974	107,972	39,974	107,972
	Total investments		748,497	974,787	661,112	813,992
	Investments are valued at bid price.
16	DEBTORS				2022	2021
					f	f
	Prepayments and accrued	income			26,454	33,408
	Other debtors				5,744	2,160
					32,198	35,568
	All amounts fall due within one year.
17a	CREDITORS: Amounts falling due within one year				2022	2021
					f	f
	Trade creditors				40,540	71,333
	Other taxes and social security				3,275	2,706
	Accruals				38,976	33,197
	Other creditors				83	23
	Deferred income (see 17b)				1,184	256
	Obligations under finance	leases			2,377	5,802
					86,435	113,317

DEFERRED INCOME					2022	2021
					E	E
Deferred income brought forward					256	527
Released in year					(35)	(306)
Deferred in year					963	35
Deferred income carried forward					1,184	256
Deferred income relates to the sale oftickets			for events occurring after the year end for
which income has been received	in advance.
CREDITORS:					2022	2021
Amounts falling due after more		than one year			E	E
Obligations under finance leases					609	2,226
Total amounts payable under finance		leases			646	2,314
OPERATING LEASE COMMITMENTS
The possible total offuture lease payments under			non-cancellable	operating	leases were:
					Total	Total
properrirleases					2022	2021
					E
Not later than one year					19,887	19,687
Later than one year and not later than five years					6,196	6,196