REGISTERED CHARITY NUMBER: 1167199
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2025
for
The Middlesex Federation Of Women's
Institutes
Merchant & Co
Chartered Certified Accountants
2 Craven Road
Ealing
London
W5 2UA
The Middlesex Federation Of Women's
Institutes
Contents of the Financial Statements
for the Year Ended 31 August 2025
|
Page |
Reference and Administrative Details |
1 |
Report of the Trustees |
2 to 5 |
Independent Examiner's Report |
6 |
Statement of Financial Activities |
7 |
Balance Sheet |
8 |
Notes to the Financial Statements |
9 to 18 |
Detailed Statement of Financial Activities |
19 to 20 |
The Middlesex Federation Of Women's
Institutes
Reference and Administrative Details
for the Year Ended 31 August 2025
TRUSTEES |
Mrs S Endersby |
|
Mrs L Reed |
|
Mrs A Fremantle |
|
Mrs A M Chessman |
|
Mrs J N Lewis |
|
Mrs E Alcock |
|
Mrs C Maxted (resigned 20.11.24) |
|
Mrs E Morrell |
PRINCIPAL ADDRESS |
3, 7B The Green |
|
West Drayton |
|
Middlesex |
|
UB7 7PL |
REGISTERED CHARITY NUMBER |
1167199 |
INDEPENDENT EXAMINER |
Merchant & Co |
|
Chartered Certified Accountants |
|
2 Craven Road |
|
Ealing |
|
London |
|
W5 2UA |
BANKERS |
Barclays Bank UK Plc |
|
53 The Broadway |
|
Ealing |
|
London |
|
W5 5JS |
Page 1
The Middlesex Federation Of Women's
Institutes
Report of the Trustees
for the Year Ended 31 August 2025
The trusteespresenttheirreportwiththe financialstatementsof the charityforthe yearended31 August2025. The
trusteeshaveadoptedthe provisionsof AccountingandReportingby Charities:Statementof Recommended Practice
applicableto charitiespreparingtheiraccountsin accordancewiththe FinancialReportingStandardapplicablein the
UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
TheMiddlesexFederationoftheWomen'sInstitutes(WI)isrecognisedasaneducationalcharitywithmembers also
very involved with their local communities.
Public benefit
TheWIisrecognisedasaneducationalcharitywhichadvancestheeducationofwomenandalso promotes
sustainabledevelopmentforthepublicbenefitbysucheducation,withmembersalsobeingencouragedto be
involvedwith their local communities.The Board of Trustees, a Membershipsub-committee,a Craft sub-committee, a
PublicAffairssub-committeeanda MembershipCommunicationco-ordinatorprovidetrainingandadministration for
our members.
We have compliedwith the dutiesin section17 of the CharitiesAct 2011 to have regardto guidancepublishedby the
Charity Commission, including public benefit guidance.
Page 2
The Middlesex Federation Of Women's
Institutes
Report of the Trustees
for the Year Ended 31 August 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Keyachievementsin2023/24-ourWIscontinuetoattendfundraisingeventswithinourlocalcommunities and
attendedWIGroupmeetingsacrosstheFederation.InparticularbothSpelthorneGroupandMiddlesexWest Group
are holding very well attended meetings. We have 5 WI Advisers.
OurMiddlesexNewslettercontinuestoprovideanexcellentlineofcommunicationtoallofourmembers. The
newsletterisavailableonlinethroughourwebsiteandamonthlyemailtoallofourmembersfromourChair. For
thosememberswhopreferahardcopyofthenewsletteritisavailabletopurchase.Weproduceandprint the
newsletter in-house to save costs.
TheFederationcontinuestoholdworkshopstotrainnewWITreasurers,SecretariesandPresidents.Howto Guides
havebeenproducedforourmembersontheuseofsocialmediaandtheLearningHubprovidedbyNFWI, where
memberscanlearnnewskills,enjoyonlinesocialinteractionforcraftsandtohearinterestingtalksonavariety of
subjects.
We have continued with our Craft Dabble days, held in our County Office however attendance is improving
WecontinuetobeactivesupportingNFWIcampaignsandinitiatives,especiallythe2023NFWIresolution "Clean
RiversforPeopleandWildlife".Manyofourmembershaveparticipatedinmarchestohighlightthedire condition
ourriversare in.This year marksourthirdannualWI Week of River Action,andwe are callingon the government to
getseriousaboutmicroplasticpollution.Thismeanscompulsorytestingofsewageformicroplasticsand stronger
regulationof sludgein the shortterm,as well as a coherentplanfor 'upstreamsolutions'- suchas microplastic filters
in washing machines and better product design.
June 2025 saw our WI members votingin force to supporta major new campaignfor 2025/6,titledBystanderscan be
Lifesavers - to increase vital CPR and defibrillator skills across the UK.
We heldourAnnualCouncilmeetingin March2025.The meetingwas againheldat QuestorsTheatrein Ealing. This
venuehasprovedpopularwithattendancecontinuingtoimprove.Wehadtwoguestspeakers,oneofwhom was
Melissa Green, CEO of the National Federation of Women's Institutes.
TheNFWIACMwasheldinJune2025,heldonlinethisyear.ManyofourWIsheldsocialeventsaroundthe day
inviting members to come along and watch as a group.
FINANCIAL REVIEW
Financial result and reserves policy
The charityhas a net surplusfor the year of £36,709(2024: £5,439)of which £36,992(2024: £4,516)was derived from
unrestrictedreserves,and(£283)(2024:£923)from restrictedreserves.Subscriptionscontinueto be the main source
of income beside the rent income.
Theunrestrictedreserveswhichcanbeappliedtothegeneraloperationofthecharitystandat£350,582 (2024:
£313,590), the restricted reserves stand at £3,808 (2024: £4091) as at 31 August 2025.
Reserves policy
Thetrusteesconsiderthatthecharityshouldholdatleast£46,000tocoveremergencies,beingapproximately 18
monthsregularexpenditure.Some of these may be neededto offsetanyreducedincomefrom fallingmembership in
order to fund the administration of the office.
We are still aware that it may be necessary to incur legal costs in renewing the lease for No 2.
Page 3
The Middlesex Federation Of Women's
Institutes
Report of the Trustees
for the Year Ended 31 August 2025
FUTURE PLANS
Themembershipyearrunsfrom1stApriluntil31stMarch.Ourmembershipnumbersasof31stAugust2025 was
1375, slightlydown on previousyear, however we are seeing numberscontinueto grow monthon month.Across the
WI nationally membership numbers are down
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,itsConstitutionasaCharitableIncorporatedOrganisation (CIO)
andtheRulesforFederationof Women'sInstitutes.Bothof thesegoverningdocumentswere revised4thJune 2025
to reflect new ways of appointing trustees and to improve/modernise the processes for our WIs to operate.
Recruitment and appointment of new trustees
The Board of Trustees shall consist of at least six and up to fifteen members in total which comprises:
uptotenelectedTrustees("ElectedTrustee")totheBoardtoserveasTrustees;co-optionsmaybemadeif required
duringtheyearwiththeelectionofsuchco-optedtrusteesbeingratifiedatthenextAnnualMeeting.Elections for
Boardmembersareheldeverythreeyears.AnyTrusteewhohasservedfornineyearsintotal(regardlessof the
means of appointmentor election)must retire from office and is ineligibleto serve as a Trustee again until three years
have passed.
AllTrusteesworkinavoluntarycapacity.TheBoardmeetuptoeleventimesduringtheyear,plusone special
meeting to elect officers and formulate policy.
At the beginning of the financial year in September 2024 the board of trustees comprised
Mrs Angela Chessman, Chairman
Mrs Sarah Endersby, Honorary Treasurer
Other committee members were:
Mrs Alison Fremantle
Mrs Julia Lewis
Mrs Elizabeth Alcock
Mrs Elizabeth Morrell
Mrs Lorraine Reed
Mrs Celya Maxted (retired November 2024)
TheTrusteescanappointuptofourofficersfromtheirnumber:Chairman,HonoraryTreasureranduptotwo Vice
Chairmen.
Organisational structure
TheMiddlesexFederationcomprisesof41Women'sInstitutebranchesthroughouttheformercountyof Middlesex
and Greater London. Iver Evening WI was suspended due to lack of Officers.
EachWIisresponsibleforrunningitsownmonthlymeetingsanditsfinances,mostWisbeingregistered individually
with the CharityCommission.All Wis are part of the NationalFederationof Wis and are encouragedto take a full part
in their activities.
Fundingmainlycomesfromsubscriptionsanddonations.Trusteesandsub-committeemembersarepaid travelling
expenses.
WenolongerownthebuildingatNo2theGreen,WestDrayton,whichwasourformeroffice.Thiswassoldto the
neighbouringDoctors'Practisein August2025 and we rent a unitat No 7 the Green, West Drayton.The lease for Unit
3 No 7 The Green was renewed In January 2025 for one year.
Page 4
The Middlesex Federation Of Women's
Institutes
for the Year Ended 31 August 2025
Report of the Trustees
Approved by order of the board of trustees on 14 January 2026 and signed on its behalf by:
Mrs A M Chessman - Trustee
Page 5
Independent Examiner's Report to the Trustees of
The Middlesex Federation Of Women's
Institutes
Independent examiner's report to the trustees of The Middlesex Federation Of Women's Institutes
I reportto the charitytrusteeson my examinationof the accountsof The MiddlesexFederationOf Women's Institutes
(the Trust) for the year ended 31 August 2025.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
I reportin respectof my examinationof the Trust'saccountscarriedoutunderSection145 of the Act andin carrying
out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionunderSection 145(5)(b)
of the Act.
Independent examiner's statement
Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm
thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheAssociationofChartered Certified
Accountants, which is one of the listed bodies.
I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnection with
the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Use of our report
This reportis made solely to the charity'strustees,as a body,in accordancewith section 145 of the CharitiesAct 2011.
MyworkhasbeenundertakensothatImightstatetothecharity'strusteesthosemattersIamrequiredtostate to
theminthisreportandfornootherpurpose.Tothefullestextentpermittedbylaw,Idonotacceptor assume
responsibilityto anyoneother than the charityand the charity'strusteesas a body,for my work, for this report,or for
the opinions I have formed.
Ketan Ramesh Patel FCCA
Merchant & Co
Chartered Certified Accountants
2 Craven Road
Ealing
London
W5 2UA
23 January 2026
Page 6
The Middlesex Federation Of Women's
Institutes
Statement of Financial Activities
for the Year Ended 31 August 2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
123
Charitable activities
Educational activities
17,846
Other trading activities
3
4,918
Investment income
4
16,022
Other income
219,686
Total
258,595
EXPENDITURE ON
Raising funds
5
3,577
Charitable activities
6
Educational activities
4,120
Other
24,278
Total
31,975
Net gains/(losses) on investments
(189,628)
NET INCOME/(EXPENDITURE)
36,992
RECONCILIATION OF FUNDS
Total funds brought forward
313,590
TOTAL FUNDS CARRIED FORWARD
350,582 |
Restricted
funds
£
-
-
(309)
26
-
(283)
-
-
-
-
-
(283)
4,091
3,808 |
2025
Total
funds
£
123
17,846
4,609
16,048
219,686
258,312
3,577
4,120
24,278
31,975
(189,628)
36,709
317,681
354,390 |
2024
Total
funds
£
6
15,072
7,803
15,458
- |
|
|
|
38,339 |
|
|
|
7,229
3,730
21,941 |
|
|
|
32,900 |
|
|
|
- |
|
|
|
5,439
312,242 |
|
|
|
317,681 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 7
The Middlesex Federation Of Women's
Institutes
Balance Sheet
31 August 2025
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
11
518
Investment property
12
-
518
CURRENT ASSETS
Debtors
13
914
Cash at bank
352,349
353,263
CREDITORS
Amounts falling due within one year
14
(3,199)
NET CURRENT ASSETS
350,064
TOTAL ASSETS LESS CURRENT LIABILITIES
350,582
NET ASSETS
350,582
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Restricted
funds
£
-
-
-
-
3,808
3,808
-
3,808
3,808
3,808 |
2025
Total
funds
£
518
-
518
914
356,157
357,071
(3,199)
353,872
354,390
354,390
350,582
3,808
354,390 |
2024
Total
funds
£
610
200,000 |
|
|
|
200,610
685
121,207 |
|
|
|
121,892
(4,821) |
|
|
|
117,071 |
|
|
|
317,681 |
|
|
|
317,681 |
|
|
|
313,590
4,091 |
|
|
|
317,681 |
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon14January2026 and
were signed on its behalf by:
A M Chessman - Trustee
S Endersby - Trustee
The notes form part of these financial statements
Page 8
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements
for the Year Ended 31 August 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsof thecharity,whichis a publicbenefitentityunderFRS 102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
CharitiesAct2011.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, as
modified by the revaluation of certain assets.
Income
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
Income derived mainly from members subscriptions, rental income and other charitable activities.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
Tangible fixed assets
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
Computer equipment- 15% on reducing balance
Investment property
Investmentpropertyis shownatmostrecentvaluation.Anyaggregatesurplusordeficitarisingfrom changes
in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Debtors
Basic financialassets, includingtrade and other debtors,are initiallyrecognisedat transactionprice, unless the
arrangementconstitutesa financingtransaction,where the transactionis measured at the present value of the
futurereceiptsdiscountedat a marketrateof interest.Suchassetsare subsequentlycarriedat amortised cost
using the effective interest method, less any impairment.
continued...
Page 9
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
1. ACCOUNTING POLICIES - continued
Cash and cash equivalents
Cash and cash equivalentsare representedby cash in hand,depositsheld at call with financialinstitutions, and
othershort-termhighlyliquidinvestmentsthatmatureinnomorethanthreemonthsfromthedate of
acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Basicfinancialliabilities,includingtradeandothercreditors,loansfromthirdpartiesandloansfrom related
parties,are initiallyrecognisedat transactionprice, unless the arrangementconstitutesa financing transaction,
wherethedebtinstrumentismeasuredatthepresentvalueofthefuturepaymentsdiscountedata market
rateofinterest.Suchinstrumentsaresubsequentlycarriedatamortisedcostusingtheeffective interest
method, less any impairment.
Going concern
Thefinancialstatementshavebeenpreparedonthebasisofgoingconcern.Duetothehighlevelof reserves
there are no material uncertainties regarding going concern for the next 12 months.
2. DONATIONS AND LEGACIES
DONATIONS AND LEGACIES |
|
|
|
2025 |
2024 |
|
£ |
£ |
Donations |
123 |
6 |
OTHER TRADING ACTIVITIES |
|
|
|
2025 |
2024 |
|
£ |
£ |
Publications |
245 |
425 |
Subcommittees' activities |
355 |
436 |
Special efforts and other activities |
363 |
1,809 |
200 Club |
1,687 |
999 |
ACWW Charity collections |
28 |
68 |
Conference income |
1,123 |
2,485 |
Pooling income |
- |
662 |
Insurance |
808 |
826 |
Events income |
- |
93 |
|
4,609 |
7,803 |
3. OTHER TRADING ACTIVITIES
continued...
Page 10
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
4. INVESTMENT INCOME
Rent receivable
Deposit account interest
5.
RAISING FUNDS
Raising donations and legacies
Subcommittees' activities
Special efforts and other activities
200 Club
ACWW Charity appeals and donations
Conference expenditure
Pooling expenditure
Events expenditure
6.
CHARITABLE ACTIVITIES COSTS
Educational activities
7.
SUPPORT COSTS
Educational activities |
2025
2024
£
£
15,443
15,000
605
458
16,048
15,458
2025
2024
£
£
128
292
611
697
1,530
1,507
-
218
1,083
4,098
-
32
225
385
3,577
7,229
Support
costs (see
note 7)
£
4,120
Governance
costs
£
4,120 |
|
|
continued...
Page 11
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
8. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31August2025norforthe year
ended 31 August 2024.
Trustees' expenses
Trusteestravelexpenseswerereimbursedto3(2024:4)trusteesintheyearended31August2025 which
amounted to £880 (2024: £676).
9. STAFF COSTS
Wages and salaries
The average monthly number of employees during the year was as follows:
Administration
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
6
Charitable activities
Educational activities
15,072
Other trading activities
6,906
Investment income
15,432
Total
37,416
EXPENDITURE ON
Raising funds
7,229
Charitable activities
Educational activities
3,730
Other
21,941
Total
32,900 |
2025
£
8,375
8,375
2025
1
Restricted
funds
£
-
-
897
26
923
-
-
-
- |
2024
£
6,475
6,475
2024
1
Total
funds
£
6
15,072
7,803
15,458 |
|
|
38,339 |
|
|
7,229
3,730
21,941 |
|
|
32,900 |
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 12
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
NET INCOME
4,516
RECONCILIATION OF FUNDS
Total funds brought forward
309,074
TOTAL FUNDS CARRIED FORWARD
313,590
11.
TANGIBLE FIXED ASSETS
COST
At 1 September 2024 and 31 August 2025
DEPRECIATION
At 1 September 2024
Charge for year
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024
12.
INVESTMENT PROPERTY
FAIR VALUE
At 1 September 2024
Disposals
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024 |
Restricted
Total
funds
funds
£
£
923
5,439
3,168
312,242
4,091
317,681
Computer
equipment
£
956
346
92
438
518
610
£
200,000
(200,000)
-
-
200,000 |
Total
funds
£ |
|
|
5,439
312,242 |
|
|
317,681 |
continued...
Page 13
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
12. INVESTMENT PROPERTY - continued
Cost
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accrued expenses
Deferred income
15.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years |
|
2025 |
|
2024 |
|
|
£ |
|
£ |
|
|
10,372 |
|
10,372 |
|
|
|
|
|
|
|
2025
£
914
2025
£
3,066
133
3,199
2025
£
2,667
-
2,667 |
|
2024
£
685
2024
£
3,063
1,758
4,821
2024
£
7,325
611
7,936 |
TheoperatingleaseisonUnit3,7TheGreen,WestDrayton,andwasoriginallyfor5yearsfrom1 January
2016,itwasextendedon16February2023fortwoyearsandwasagainrenewedfrom1January2025for 1
year.
continued...
Page 14
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
16. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Fair value
Restricted funds
MFWI Bursaries
Agnes Salter Fund
NFWI Suspended
TOTAL FUNDS
Net movement in funds, included in the above are a
Unrestricted funds
General fund
Fair value
Restricted funds
MFWI Bursaries
NFWI Suspended
TOTAL FUNDS |
s follows:
Incoming
resources
£
258,595
-
258,595
26
(309)
(283)
258,312 |
At 1.9.24
£
123,962
189,628
313,590
1,940
191
1,960
4,091
317,681
Resources
expended
£
(31,975)
-
(31,975)
-
-
-
(31,975) |
Net
movement
At
in funds
31.8.25
£
£
226,620
350,582
(189,628)
-
36,992
350,582
26
1,966
-
191
(309)
1,651
(283)
3,808
36,709
354,390
Gains and
Movement
losses
in funds
£
£
-
226,620
(189,628)
(189,628)
(189,628)
36,992
-
26
-
(309)
-
(283)
(189,628)
36,709 |
|
|
|
|
continued...
Page 15
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Unrestricted funds
General fund
Fair value
Restricted funds
MFWI Bursaries
Agnes Salter Fund
NFWI Suspended
TOTAL FUNDS |
At 1.9.23
£
134,446
174,628
309,074
1,914
191
1,063
3,168
312,242 |
Net
movement
in funds
£
4,516
-
4,516
26
-
897
923
5,439 |
Transfers
between
funds
£
(15,000)
15,000
-
-
-
-
-
- |
At
31.8.24
£
123,962
189,628 |
|
|
|
|
313,590
1,940
191
1,960 |
|
|
|
|
4,091 |
|
|
|
|
317,681 |
Comparative net movement in funds, included in the above are as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
37,416 |
(32,900) |
4,516 |
Restricted funds |
|
|
|
MFWI Bursaries |
26 |
- |
26 |
NFWI Suspended |
897 |
- |
897 |
|
923 |
- |
923 |
TOTAL FUNDS |
38,339 |
(32,900) |
5,439 |
continued...
Page 16
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
16. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Fair value
Restricted funds
MFWI Bursaries
Agnes Salter Fund
NFWI Suspended
TOTAL FUNDS |
At 1.9.23
£
134,446
174,628
309,074
1,914
191
1,063
3,168
312,242 |
Net
movement
in funds
£
231,136
(189,628)
41,508
52
-
588
640
42,148 |
Transfers
between
funds
£
(15,000)
15,000
-
-
-
-
-
- |
At
31.8.25
£
350,582
- |
|
|
|
|
350,582
1,966
191
1,651 |
|
|
|
|
3,808 |
|
|
|
|
354,390 |
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
Unrestricted funds
General fund
Fair value
Restricted funds
MFWI Bursaries
NFWI Suspended
TOTAL FUNDS |
Incoming
resources
£
296,011
-
296,011
52
588
640
296,651 |
Resources
expended
£
(64,875)
-
(64,875)
-
-
-
(64,875) |
Gains and
Movement
losses
in funds
£
£
-
231,136
(189,628)
(189,628)
(189,628)
41,508
-
52
-
588
-
640
(189,628)
42,148 |
Gains and
Movement
losses
in funds
£
£
-
231,136
(189,628)
(189,628)
(189,628)
41,508
-
52
-
588
-
640
(189,628)
42,148 |
|
|
|
|
41,508
52
588 |
|
|
|
|
640 |
|
|
|
|
42,148 |
continued...
Page 17
The Middlesex Federation Of Women's
Institutes
Notes to the Financial Statements - continued
for the Year Ended 31 August 2025
17. RELATED PARTY DISCLOSURES
There were no relatedpartytransactionsfor the year ended 31 August2025 nor for the year ended 31 August
2024.
Page 18
The Middlesex Federation Of Women's
Institutes
Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Publications
Subcommittees' activities
Special efforts and other activities
200 Club
ACWW Charity collections
Conference income
Pooling income
Insurance
Events income
Investment income
Rent receivable
Deposit account interest
Charitable activities
Membership fees
Other income
Gain on sale of tangible fixed assets
Total incoming resources
EXPENDITURE
Raising donations and legacies
Subcommittees' activities
Special efforts and other activities
200 Club
ACWW Charity appeals and donations
Conference expenditure
Pooling expenditure
Events expenditure |
2025
£
123
245
355
363
1,687
28
1,123
-
808
-
4,609
15,443
605
16,048
17,846
219,686
258,312
128
611
1,530
-
1,083
-
225
3,577 |
2024
£
6
425
436
1,809
999
68
2,485
662
826
93 |
|
|
7,803
15,000
458 |
|
|
15,458
15,072
- |
|
|
38,339
292
697
1,507
218
4,098
32
385 |
|
|
7,229 |
This page does not form part of the statutory financial statements
Page 19
The Middlesex Federation Of Women's
Institutes
Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
Raising donations and legacies
Other
Wages
Insurance
Office management
Repair and maintenance
Rent payable
Website expenses
Depreciation of computer equip ment
Support costs
Governance costs
Trustees' expenses
Independent examination
Accountancy fee
Total resources expended
Net income |
2025
£
8,375
1,601
3,257
107
10,378
469
91
24,278
880
2,308
932
4,120
31,975
226,337 |
2024
£
6,475
1,136
3,289
266
10,188
479
108 |
|
|
21,941
676
2,122
932 |
|
|
3,730 |
|
|
32,900 |
|
|
5,439 |
This page does not form part of the statutory financial statements
Page 20