2023-08-31-accounts - The Gwynedd Meirionnydd Federation Of Women's Institutes CIO

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Objectiv	es and activ	itie	s
			SORP reference
Summary	ofthe purposes	of	Para 1.17	Toadvance	the education ofall females
the charity as set out in its
overnin	document
Summary activities	ofthe main in relation to those		Para 1.17and 1.19	Provide environmental agriculture. Help and		assistance in develop music and
purposes	for the public			drama together with home economics
benefit, in particular, the				and healthy	living.
activities,	projects or services
identified	in the accounts.
Statement	confirming		Para 1.18	The Charity	has been	registered for more
whether the trustees have				than 50years and has always followed
had regard to the guidance				and complied with Charity Commission
issued by	the Charity			guidance.
Commission on public
benefit

Achievements against	Para 1.41
objectives set
Performance offundraising	Para 1.41
activities against objectives
set
Investment performance	Para 1.41
against objectives
Other

Financial review
Review ofthe charity's			Para 1.21	Although		a	small		loss was		incurred this
financial position at the	end			year the Charity's					financial		position has
ofthe eriod				im	roved	corn		ared		to last	ear.
Statement explaining the			Para 1.22	Reserves		are held			for 3years after the
policy for holding reserves				closing ofan Institute in accordance with
stating why they are held				the	Constitution.
Amount ofreserves held			Para 1.22	81619
Reasons for holding zero			Para 1.22
reserves
Details of fund materially		in	Para 1.24
deficit
Explanation of any concern			Para 1.23	The	continuance				ofthe Charity is only
uncertainties about the				guaranteed			due	to the closures of
charity continuing as a going				Institutes		and their monies					reverting to
				the	Federation.
Additional information	(optional)
You ma choose to include		further statements		where	relevant		about
				Membership			fees		and activities.
The charity's principal			Para 1.47
sources offunds (including
any fundraising)
Investment policy and			Para 1.46
objectives including any
social investment policy
adopted
A description ofthe principal			Para 1.46
risks facing the charity

tructure, governance	tructure, governance	and manag	ement
Description ofcharity's
trusts:
Type of governing for example, tiiist	document: deatt,	Para 1.25	Constitution Institutes.	and rules of Women' s
111E'n1oranctlcln ail'	BI1lcl' s ol
association etc
How is the charity		Para 1.25	CIO
constituted?

frsr exnrrrple irrnrted oontpeny
rlrunr orper eted 5 s sooratrorl
CIO
Trustee selection methods	Para 1.25	Bi-annual members	vote in accordance
including details ofany		with the rules in the	Constitution.
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

mes	ofthe char	ity trus	tees who manage	the charity
	Trustee name		Office (ifany)	Dates acted ifnot for whole ar	Name to a	ofperson (or body) entitled oint trustee ifan
	Eira Lewis		Chair
	Reta Patricia		Treasurer
	Evans
	Jacqueline	Puddle	Secretary
10
12
13
14
15
16
17
16
19
20

Funds held as cust	odi
Description ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charit 's ob'ects
Details of arrangements	for
safe custody and
segregation ofsuch assets from the charit 's own assets

Names an	d addresses ofadv	isers (optional information)
Type of	Name	Address
adviser
Name of	chief executive or names ofsenior staff members		(optional information)

		Unrestricted	Total	Total
		Funds	2023	2022
R
General income receipts		19914	19914	12333
Bank interest received			5	1
Introduced into Reserve	account		1156	119
		19914	21075	12453
~Edit
Transferred from Reserve to current account
General direct charitable	expenditure	16941	16941	13210
		16941	16941	13210
Net receipts(payments)	for the year	2973	4134	-757
Bank balance at 31August 2022		3225	3683	4441
Bank balance at 31August 2023		6198	7817	3683

Notes to the Rec	eipts and Payment acco	unt for the year ended 31st	August 2022
			2023	2022
			E	E
2. Analysis ofGeneral Direct Charitable		Expenditure
Unrestricted	Funds
W/C AGM			240	15
100Club			340	360
Subscriptions			2000	2292
Publications			63	79
Events			180	470
Donations and grants
Sports			814	10
NFWI			173	593
Denman
Home economics			1069	760
Music and drama
Professional fees			1322	2589
Spring Council			153	65
New Wl's
Rent			60	12
Officers expenses			1400	1358
Headquarter expenses
- General			514	82
Suspended Institute			193
Organisation
ANC
Sundries
Accountancy			480	480
Public affairs
Blaenau Ffestiniog
Hall letting			720
Key Holder / Caretaker			2325	525
Utilities			4503	2482
Maintenance			392	1038
			16941	13210

Insurance							661
Accruals
EW Owen &Co							480
Restricted Funds
Income - Ffestiniog W.l.							1008
Cash in hand							300
Blaenau Ffestinio	Hall
The current value	ofBlaenau	Ffestiniog		Hall is	based on the offer accepted of670,000.
Provision
For costs incurred	on sale of	Blaenau Ffestiniog			Hall		4000
Sundries
Income - Transfer from Hargreaves			Iansdown				5000
~HI d
Value in statement	ofassets	and	liabilities as per value on investment			reports
as at 31stJuly 2023
Interest received for the year							362
Dividends received	for the year						469