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2020-10-31-accounts
| The trustees who serv |
ed the charity d |
uring the period were as fo |
| Chairman |
Ms C Booth |
|
| Vice Chairman |
Ms 0 McHarg |
|
| Vice Chairman |
Mrs S Berry |
|
| Hon. Treasurer |
Ms A Bellamy |
|
| Assistant Treasurer |
Mrs M Hall |
|
| Other elected |
|
|
| Trustees |
|
|
|
Mrs R Fisher |
- co-opted April 7th, 2020 |
|
MrsJ Lobley |
- resigned March 3rd, 2020 |
|
Mrs L Odell |
|
|
Mrs V Rhodes |
|
|
Ms F Rumley |
|
|
Mrs M Scott |
|
|
Mrs LA Singleton |
|
|
Mrs D Smiles |
|
|
Mrsj Stanhope |
|
|
|
|
|
2020 |
2019 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
|
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
3 |
3,272 |
- |
3,272 |
4,926 |
| Charitable activities |
|
|
|
|
|
| Activities |
|
29,227 |
- |
29,227 |
122,103 |
| Other trading activities |
4 |
104,127 |
- |
104,127 |
126,148 |
| Investment income |
5 |
4,776 |
- |
4,776 |
5037 |
| Other income |
6 |
5,159 |
5,892 |
11,051 |
2239 |
| Total |
|
146,561 |
5,892 |
132,453 |
260,453 |
| EXPENDITURE ON |
|
|
|
|
|
| RaEsing funds |
7 |
71,530 |
- |
71,530 |
78753 |
| Charitable activities |
8 |
|
|
|
|
| Activities |
|
99,105 |
250 |
|
1 90218 |
| Total |
|
170,635 |
250 |
170,885 |
268971 |
| Net gains on investments |
|
105 |
|
105 |
1 3292 |
| NET INCOME/(EXPENDITURE) |
|
(23,969) |
5,642 |
(18,327) |
4,774 |
| Other recognised qains/(Iosses) |
|
|
|
|
|
| Gains on revaluation of fixed assets |
|
|
|
|
482,726 |
| Net movement in funds |
|
(23,969) |
5,642 |
(18,327) |
487,500 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
477,233 |
10,267 |
487,500 |
- |
| TOTAL FUNDS CARRIED FORWARD |
|
453,264 |
15,909 |
469,173 |
487,500 |
|
|
|
|
2020 |
2019 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Tangible assets |
14 |
210,473 |
- |
210,475 |
21 3,006 |
| Investments |
15 |
138,736 |
|
138,756 |
138,651 |
|
|
349,231 |
- |
349,231 |
351,657 |
| CURRENT ASSETS |
|
|
|
|
|
| Stocks |
16 |
1,471 |
- |
1,471 |
2,531 |
| Debtors |
17 |
28,803 |
- |
28,803 |
9,322 |
| Cash at bank and in hand |
|
103,985 |
1 5,909 |
119,894 |
149,210 |
|
|
134239 |
15,909 |
150,168 |
161,063 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
18 |
(30,226) |
- |
(30,226) |
(25,220) |
| NET CURRENT ASSETS |
|
104,033 |
15,909 |
119,942 |
135,843 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
453,264 |
15,909 |
469,173 |
487,500 |
| NETASSETS |
|
453,264 |
15,909 |
469,173 |
487,500 |
| FUNDS |
19 |
|
|
|
|
| Unrestricted funds |
|
|
|
453,264 |
477,233 |
| Restricted funds |
|
|
|
1 5,909 |
10,267 |
| TOTALFUNDS |
|
|
|
469,173 |
487,500 |
| 3. |
DONATIONS AND LEGACIES |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Use of hall |
|
2,593 |
4,926 |
|
Sundry donations |
|
679 |
- |
|
|
|
3,272 |
4,926 |
| 4. |
OTHER TRADING ACTIVITIES |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Affiliation fees |
|
40,120 |
54,339 |
|
NFWI affiliation fees |
|
57,292 |
63,291 |
|
WI stationery literature and |
sundry merchandising |
6,715 |
8,518 |
|
|
|
104,127 |
126,148 |
| 5. |
INVESTMENT INCOME |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
CCLA fixed asset investments |
|
4,738 |
4786 |
|
Deposit account interest |
|
38 |
251 |
|
|
|
4,776 |
5,037 |
| 6. |
OTHER INCOME |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Closed branch funds |
|
5,892 |
2,239 |
|
Furlough Grant |
|
5,159 |
- |
|
|
|
11,051 |
2,239 |
| 7. |
RAISING FUNDS |
|
|
|
|
Raising donations and legacies and other trading activities |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Staff costs |
|
5,170 |
4,837 |
|
Insurance |
|
600 |
570 |
|
Accountancy
Stationery etc for resale |
|
384
5,661 |
402
7,023 |
|
NFWI affiliation fees |
|
57,292 |
63,291 |
|
Office expenditure |
|
1,501 |
1,358 |
|
Property expenditure |
|
654 |
995 |
|
Depreciation |
|
253 |
277 |
|
|
|
71,515 |
78,753 |
| 8. |
CHARITABLE ACTIVITIES COSTS |
|
|
|
|
|
Direct |
Support |
|
|
|
Costs (see |
costs (see |
|
|
|
note 9) |
note 10) |
Totals |
|
|
£ |
£ |
£ |
|
Activities |
49,239 |
50,116 |
99,355 |
| 9. |
DIRECT COSTS OF CHARITABLE ACTIVITIES |
|
|
|
|
2020 |
2019 |
|
|
£ |
£ |
|
Staff costs |
20,679 |
19,349 |
|
Insurance |
1,199 |
1,139 |
|
Accountancy |
768 |
805 |
|
Committee general expenditure |
21,777 |
110,078 |
|
Office expenditure |
3,002 |
2,745 |
|
Property expenditure |
1,308 |
1,989 |
|
Legal Fees |
- |
3,643 |
|
Depreciation |
506 |
553 |
|
|
49,239 |
140,301 |
| 10. |
SUPPORT COSTS |
|
|
|
|
|
Governance |
|
|
|
costs |
|
|
|
£ |
|
Activities |
|
50,116 |
| Governance costs |
|
|
|
2020 |
2019 |
|
|
Total |
|
Activities |
activities |
|
£ |
£ |
| Wages |
25,849 |
24,186 |
| Insurance |
4,197 |
3,987 |
| Accountancy |
2,688 |
2,817 |
Property expenditure
Office expenditure |
4,577
10,508 |
6,963
9,503 |
| Bank charges |
525 |
525 |
| Depreciation of tangible fixed assets |
1,772 |
1,936 |
|
50,116 |
49,917 |
| STAFF COSTS |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Wages and salaries |
51,698 |
48,372 |
|
51,698 |
48372 |
| The average monthly number of employees during the year was as follows: |
|
|
|
2020 |
2019 |
| Administrative and caretaker staff |
6 |
5 |
| COMPARATIVES FOR THE STATEMENT OF FINA |
NCIAL ACTIVITIES |
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
4,926 |
- |
4,926 |
| Charitable activities |
|
|
|
| Activities |
122,103 |
- |
122,103 |
| Other trading activities |
126,148 |
- |
126,148 |
| Investment income |
5,005 |
32 |
5,037 |
| Other income |
|
2,239 |
2,239 |
| Total |
258,182 |
2,271 |
260,453 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
78,753 |
- |
78,753 |
| Charitable activities |
|
|
|
| Activities |
190,218 |
- |
190,218 |
| Total |
268,971 |
- |
268,971 |
| Net gains on investments |
13,292 |
|
13,292 |
| NET INCOME |
2,503 |
2,271 |
4,774 |
| Transfers between funds |
325 |
(325) |
|
| Other recognised gains/(losses) |
|
|
|
| Gains on revaluation of fixed assets |
474,405 |
8,321 |
482,726 |
| 13. |
COMPARATIVES FOR THE STATEMENT OF FINA |
NCIAL ACTIVITIES
- contin |
ued |
|
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
funds |
|
|
£ |
£ |
£ |
|
Net movement in funds |
477,233 |
10267 |
487,500 |
|
TOTAL FUNDS CARRIED FORWARD |
477,233 |
10267 |
487,500 |
| 14. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
Fixtures |
|
|
|
Freehold |
and |
|
|
|
property |
fittings |
Totals |
|
|
£ |
|
£ |
|
COST |
|
|
|
|
At
1 November2019 and |
|
|
|
|
31 October2020 |
212,000 |
3,772 |
215,772 |
|
DEPRECIATION |
|
|
|
|
At
1 November2019 |
2,000 |
766 |
2,766 |
|
Charge for year |
2,000 |
531 |
2,531 |
|
At 31 October 2020 |
4,000 |
1,297 |
5,297 |
|
NET BOOK VALUE |
|
|
|
|
At 31 October 2020 |
208,000 |
2,475 |
210,475 |
|
At31 October2019 |
210,000 |
3,006 |
213,006 |
| FIXED ASSET INVESTMENTS |
|
|
Unlisted |
|
investments |
|
£ |
| MARKET VALUE |
|
| At] November2019 |
138,651 |
| Revaluations |
105 |
| At 31 October 2020 |
138,756 |
| NET BOOK VALUE |
|
| At 31 October 2020 |
138,756 |
| At 31 October2019 |
138,651 |
| 16. |
STOCKS |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Stocks |
|
1,471 |
2,531 |
| 17. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
I |
|
Tradedebtors |
|
568 |
1,335 |
|
Prepayments and accrued income |
|
28,235 |
7,987 |
|
|
|
28,803 |
9,322 |
| 18. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Trade creditors |
|
- |
6,643 |
|
Taxation and social security |
|
155 |
149 |
|
Other creditors |
|
30,071 |
18,428 |
|
|
|
30,226 |
25,220 |
|
Other creditors include deferred income of 126,039 (2019: |
£13,992). |
|
|
| 19. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
|
|
|
At |
movement |
At |
|
|
1/11/19 |
infunds |
31/10/20 |
|
|
£ |
F |
£ |
|
Unrestricted funds |
|
|
|
|
General fund |
428,264 |
(23,969) |
404,295 |
|
Derbyshire House fund |
29,050 |
- |
29,050 |
|
Veronica Byers Memorial fund |
19,919 |
|
19,919 |
|
|
477,233 |
(23,969) |
453,264 |
|
Restricted funds |
|
|
|
|
D Cox fund |
4,877 |
(250) |
4,627 |
|
Closed Branches |
5,120 |
5,892 |
11,012 |
|
Derbyshire room refurb fund |
270 |
- |
270 |
|
|
10,267 |
5,642 |
1 5,909 |
|
TOTAL FUNDS |
487,500 |
(18,327) |
469,173 |
| Net movement in funds, included in the abo |
ve are as follow |
s: |
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
I |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
146,561 |
(I 70,635) |
105 |
(23,969) |
| Restricted funds |
|
|
|
|
| D Cox fund |
|
(250) |
- |
(250) |
| Closed Branches |
5,892 |
|
|
5,892 |
|
5,892 |
(250) |
|
5,642 |
| TOTAL FUNDS |
152,453 |
(170,885) |
10S |
(18,327) |
| Comparatives for movement in funds |
|
|
|
|
| Comparatives for movement in funds |
|
|
|
|
Net |
Transfers |
|
|
movement |
between |
At |
|
infunds |
funds |
31/10/19 |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
428,789 |
325 |
429,114 |
| Derbyshire House fund |
28,200 |
- |
28,200 |
| Veronica Byers Memorial fund |
19,919 |
- |
19,919 |
|
476,908 |
325 |
477,233 |
| Re5tricted funds |
|
|
|
| DCox fund |
4,877 |
- |
4,877 |
| Closed Branches |
5,120 |
|
5,120 |
| Derbyshire room refurb fund |
270 |
|
270 |
| Digifriends Lottery Grant |
325 |
(325) |
|
|
10,592 |
(325) |
10,267 |
| TOTAL FUNDS |
487,500 |
|
487,500 |
| Comparative net movement in funds, |
included in the above |
are as follows: |
|
|
|
Incoming |
Resources |
Transfer of |
Movement |
|
resources |
expended |
assets |
in funds |
|
£ |
F |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
258,182 |
(268,121) |
438,728 |
428,789 |
| Derbyshire House fund |
- |
(850) |
29,050 |
28,200 |
| Veronica Byers Memorial fund |
- |
- |
19,919 |
19,919 |
|
258,182 |
(268,971) |
487,697 |
476,908 |
| Restricted funds |
|
|
|
|
| D Cox fund |
32 |
- |
4,845 |
4,877 |
| Closed Branches |
2,239 |
- |
2,881 |
5,120 |
| Derbyshire room refurb fund |
- |
- |
270 |
270 |
| Digifriends Lottery Grant |
- |
- |
325 |
325 |
|
2,271 |
|
8,321 |
10,592 |
| TOTAL FUNDS |
260,453 |
(268,971) |
496,018 |
487,500 |
| A current year 12 months and prior ye |
ar 12 months combi |
ned position is a |
s follows: |
|
|
|
Net |
Transfers |
|
|
At |
movement |
between |
At |
|
1/11/18 |
infunds |
funds |
31/10/20 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
- |
404,820 |
325 |
405,145 |
| Derbyshire House fund |
- |
28.200 |
- |
28,200 |
| Veronica Byers Memorial fund |
|
19,919 |
- |
19,919 |
|
- |
452,939 |
325 |
453,264 |
| Restricted funds |
|
|
|
|
| DCoxfund |
- |
4,627 |
- |
4,627 |
| Closed Branches |
- |
11,012 |
- |
11,012 |
| Derbyshire room refurb fund |
- |
270 |
|
270 |
| Digifriends Lottery Grant |
- |
325 |
(325) |
|
|
- |
16,234 |
(325) |
15,909 |
| TOTAL FUNDS |
|
469,173 |
|
469,173 |
A current year 12 months and prior y
above are as follows: |
ear 12 months comb |
ined net movem |
ent in funds, i |
ncluded in th |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
I |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
404743 |
(438,756) |
438,833 |
404,820 |
| Derbyshire House fund |
- |
(850) |
29,050 |
28,200 |
| Veronica Byers Memorial fund |
|
- |
19,919 |
19,919 |
|
404,743 |
(439,606) |
487,802 |
452,939 |
| Restricted funds |
|
|
|
|
| DCoxfund |
32 |
(250) |
4845 |
4,627 |
| Closed Branches |
8,131 |
|
2881 |
11,012 |
| Derbyshire room refurb fund |
- |
- |
270 |
270 |
| Digifriends Lottery Grant |
|
|
325 |
325 |
|
8,163 |
(250) |
8321 |
16,234 |
| TOTAL FUNDS |
412,906 |
(439856) |
496,123 |
469,173 |