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||||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|
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|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|
##
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