REGISTERED CHARITh NUMBEK. 11788TI REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 FOR DERBYSHIRE FEDERATION OF WI'S CIO DERBYSHIRE FEDERATION OF WI'S CIO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Pag• Report of th• Tru•t•M 1 to S Indèpenthnt Examln•ts R•port Stat•m•nt Of Flnanclal Ac11￿1￿• B•lanc• SI￿•1 Not•• to th• FlnNn¢141 Ststwngnl• 9 10 18 Delalled 8tat•mgnl of Flnanclal A￿1¥115•* 19 * 20 DERBYSHIRE FEDERATION OF wrs cio REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 The Iwstees wesellt their repc*t wilh the finartl* $t*ements of ￿ ¢hèrity foT the y88f ￿dad 31 Odobw 2023. The tnjstees have adopted the provisions of A¢mLmts"ng and Rèp(xtirvJ by Ch81itiès'. Statèmant of Recommended Practice applicable lo chafities preparing Iheir accounts in aCUrdan￿ smth the Finar￿N91 Rwbng Standard oppIIc8bl& In thg UK and Republic of Ir81and (FRS 1021 l&fffdNe 1 January 20191. OBJECTNES AND ACTMTIES Obl•cll¥w and alrns The welcomes al Ilv• In rural or uthn areas aThJ alm8 to unprove ihe qudlty ol thelr Ille In thdr communities. 11 offers Its members the opportunty lo meei in a fnendty, safe atmosphere where Ihoy c8n develop naw interests and acquire 5kn11s ol ￿lue lo Ihemsefves. their famitses. and thw C￿m￿nitI.e$. Events are heid d￿Th9 the year e.g., arts and cralts and home economics dasses, keep fft and spO￿.ng events. and oul¢ngs t•llh an eljuca￿cffjal purpjse. Durfng 2022. there wa5 a slow retum to our usual events and actiwties f￿￿￿lIng the pandemic. There 1$ 8cffielhlng fvr •vory￿tr th trAaVs IM.. et￿￿renc￿ iter￿ of k¢al and naiKJnal importanc8,' courBe8 and wth¥h¢p$ w*sl¢h are SnstructNe. and wthich may be held Icully ¥￿th hxal or nat*￿al tr8iner8. Social e¥ent8, and ouling8. An Important Aspad ol Wl life li Pfoce8s ol puw foTrv8rd and Voting on re•OlUthy￿ ￿ motters of cgnrAm to rnembor•. If8CC8Pt•d, Ih•8• than ￿cOMe mandate8 on the Wl V4711 campavJn I￿￿llY and nationalty BS 8pwopri8te. The Wl li tl rgèsl women's organisat￿n in En9land, WJes. and the Is18nds.' 11 Can influenca declsion making at all kneh and li a strong iobbwng t4)ty, nol iYJunfl by Wrtical or Id￿lOuS affib4kn￿). Th9 gbovg IS 8 précis ol the rDle of the W natbnaty. The OFWi have tried their besl to hjlfil Ihl$ role In D¢rty$hI￿ In (oil yoar, but the resldual effects of Ihe pan*Sernt have meanl 31Jme members hal￿ felt un7knle to renvw IP*lr member8Np The nolable events hdd by DFWI thi8 J*ar wwe: Having plant8d on• of th• Tr8• ol Tree8 from the latb a￿8￿1 Platlnum we*￿￿ In Ortober. ￿ We￿ invited lo pknAI • further sapllrYJ at th8 Chat￿orth E8t8te in Nob*m￿r. Wts c•l•trrfat•d Chrfstmu th1• y••r cffl OKembw 4th at St Osw8klJ Churth in Ashtolrne wth a o8rric• att•nd8d ty many members. On 30th November and 2nd Dewnber mwnbern lrtvltsd to vt tf•ab¥tr •t freative Chi•bna•' worknho producing 8U8talnable Chrlstmaa decorationB. Th8 30th December saw Ihe re4ntrc￿￿1kn ol the 7oorn espeualty M￿b•r* who may b• •lor* beh4Een Chlstrnas and New Year. OTh March 7th hekl our Amual Council IAeeting at Reach, The R￿TSIde Centre, Derby. There was a Very Good attendance lo hear our 8peakers. In the morning Franos spoke on her work as the Chlef Adviser for World Wildlife Fund UK atsJ in tha aftorr¥)on w• ent8rtwn•J by Professor Annkn Gray . HithNtan and athor $rethi￿ on Qu# Wictori•. 26th May m•mbefS trAv¢l to Carrliff lor tho Nalion81 Federatton's Annual Meelin9 Thi$ wa8 an ovemighl slay bui ai th• meats'n9 was also tffjadcast onlin• it promded Ihe c*)pthinity fordele9ates lo vote Onli￿ lor the r8sohJJon. Pag8 1 DERBYSHIRE FEDERATION OF WI'S CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 0￿ECTivEs AND ACTivmES The resolution for 2023 w85.. Water quality in our rivers 18 5hamefvl. Legalty de8lgrtatsd b8thhg w8t•rs must bg ragularty monitorod lor pollution. The NFWI urges 118 members, the wder public, local 8LrthoTrtie5, and Go¥emment to make, supFort and promole 8ppli¢8tions for officially d¢sign8tsd bathing &tes on appropriate stretches of rNerd in th•ir #rna. This ￿11 bo th8lrnm*)tal lo lh• d￿n-up of riv8r8 88 il ha8 b88n for wal&r quality improyernent 8t coastal beaches. Thls rtsolulhjn wis eatrfed by a mahyty Vote. DFVW malnlalned a presence al shm thrrxffjhoul the sumw. In JU￿ at the at Efvaston Park and at A8hbo(me and Ashover shows in AwJusL It was wilh ￿gret the decision was taken to cancel our Oclober Federation meeting. Fxing challenw after C(Md. the Board agreed il must reduce fina￿la1 risks ACHIEVEMENT AND PERFORMANCE Sadly 5 Inslilutes were 8uspended. mainty due to falling numbers ond the inatsltty tr) fonn a commllte8. Th&se It 8urna8ton', D8lhick. Lea and HdlLyway." HolymoNsNJe." Rebelk)n Kndl •nd TJntr*itslle. rhroughout Ihls year we h8ve referrod to our $￿jer Strategy Plan. We ¢ontinu¢ to l¢xJk al varloui ot our *Drk. lethnoloqy, organi8atton, recwutim8nt and relentl￿ and pr¢rnls88 finarK8. Th1¥ F4an Is now In We plan te reerultmènt of new mamb•fs and lo •rttoww •thlkng ￿￿bern to b• ag Invdved aj po38lble at bolh b¢81 ond l•d¢r8Uon l•vel. W• ¢ontlnue lo ue8te a user-Irl¢thlfy ty)Iln* platrom to rournes, ewerts, and speaker¥ to our membwshlp. Wè now use 8 card r8ader mathine en3￿1￿j membern to purchale lidlets for evenh and othw rtfjms over the Pho￿ rathor Ih8n wrillng th8q¢J88 and p)s1ing thern in. In 2023 we are In Ilne V*llh ow &y•ar F4an to u8• •mon firnt to conlad I￿tituteS poltsr￿ by mail onty whgrg grnBII l¥ not po86lble. 2024 wo contlnue our alm to be as papor fr•ts a• p0S￿ble. In acxordgnce vAth our •lTat8gl¢ plannlng. contltMK to mwntaln Delb￿￿11e Houle in M thiod • 88 poislbh. W• wmirtg lo be a8 •¢¢￿triendlY 4$ po$Jibh. DERBYSHIRE FEDERATION OF ￿.5 CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 FINANCIAL REVIEW Our Tru¥tees ¢on¢lnu$ to take pro&li¥e invo￿e￿*nt in the day-ttrday runniTrJ of th¢ tsffko and In partlcular Ihe finance offi¢9. Our mwn income Btrearn, 88 È4forè, h frc#n membwship fees at)d continue *￿rkir#J to retain e￿8tIng Mam￿r$ and attract new ones. A great8r wrllon of the lee8 has been ￿located to Ihe F￿eration ar¥J to inthvidLbal Wls by lh• NFWI, who are retaining a Smaller portion than kn pdor ￿ar$. Our Bub-teams. noi all ol%thlth are fund r4lwng in nabJre, contlnue to teek Olrt W8y8 of kaeFrfng our members interE8ted and Involved with sjvtnls th￿ we heoe are of a vaned interest to our members. Support frcffl rnemt•r8 kn ¥rt￿. espedaty 80 Ihe present clirnate. E¥w effert Is made to keep Ihe costs ol suth ¥4enls as low a5 pJssIt4•. Our rnaln costs are Lgrgdy in Ilne wHh Wet. as aw staffing and Ihe mairttenance of Derbyshlre House are th8 9reat8St CD5ts wfr face. The re5utts for the year show a defitil 01 £26,17412022 defiot of É19.1521 olwhich 16 a defficit of £20.81612022 defial of £17,664) related to unrestricted funds defirAI ol £5,35812022 defiot of £1,488) related to restricted frjnds. A5 at 31 October 2023 the charity had lot81 funds of £435,021 (2022 £481.1951 olwhich £425.313 (2￿ £446.1291 WaB unrtrstrfcl und £9.70812022 £16.0661 was restsicthd. Ib)v••lm•nt powors and pollcy Thoro are no re8triction8 on the chariV¥ to kn￿1. Thu 11￿11m0nt prjlcy h reYieY4•d by the Offjca and Finance Sub-Gommlttee annually and advi¢? taken. 11 is the Folicy of the Fed8ralh)n lo hold $UTpIu8 funds In low lo rnedum rfBk thartly organl8ation investment funds. a de£l8￿n Ihat has proved to be flnancialty sabitsrAory Ihls par. R•sgrw$ polley The Tru8lee3 have establishéd ¥ pollty vth8r8by Ihe unrestricled funds not cornmitted ¢y invested in tan9iblo flx&d assets Ithe free reserves) held by tha Fedala￿Ort sh¢yJk1 be 12 rnonths of the resources expended, which aqI￿leS lo around £214.￿0 in general fund5. Free re8eThes represent Iwrking capital, of Ihe F8deraOon a¥alable to SUPPOrt short-l•rm objective& 8nd lo s8fe9uard against un8xpecte(I deueasas in income. Ai present the free reserve5 whith amount lo £223,()JO. a￿ above thi8 larygl Iwel ond ￿ be knked at in th• futuro lo benefrt m•mberB. R•strlct•d fund• We have some funds that am reltrtcted 88 to thetr use, whth M￿n? Ihry Jre WTMnilbJ to d•Aign8tad actrvlUe• and cannot be u3ad for genaral purpos•s. These lund6 are a8 follry•n'.- . Closed Wls. funds hakl lor Ihree yews aftercknswe In the Wi rwpen• In Ihpt Ilm FIMIRE PLANS Thè Trustees arts vvJdant in mC￿lI0rfnq expeThJiture and arn tts)Ildant Ihat we Ylill t* at4e to cortlnu8 our actNities and fu￿1 our obj•elnie6. We will conlinua lo s••k 8POn40rnhip lor ow pthbe• w 8pprryriale, and to Mitigat• granl old avalLqble. We are also In th• proce6$ of settin9 UP • 8y6l¢m lo dalm Gift Ajd. indudir#J g rebal• lor Ih•188t four yearn. Thè Trustee8 Ore commrtted to Wry￿n9 for Ihe bmèfft tsf Ihe FeAe(ati￿ and to lop*aryJ throu9h th• n•xl year. STRUCTURE, GOVERNANGE AND MANAGEMeNT Govornlny documont The DFWI 15 governed by its Constllukn and Artldes of Assoaation. fOrn￿d in 1918 and lasl amended to allow for currant qovemance awangernents in 2021. It Is rgglsl•red as a charilab￿ IncOrp￿ted OrgaNSat￿n with the Charity cDMrTh5S1￿, charrty number 1178877. Tho object of DFWI 1$ ¢0 further the purFoses of the Wl OTgani5ation in Ih8 F8dgration of Derbyshire. Any *rman aged 18 and over can become a rnefflber and Iher• ar0 currontty 4,389 members within the Derbyshire Federation. in 142 WIS. P￿3 DERBYSHIRE FEDERATION OF WJ'S CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMEKr Recluitment and appointment of new trustees A$ set out in Ihe Constitution, the Trustees are nominated by the Wls in Ihe Federai*)n or by the ￿$tir1d Board of Trustees and are elected by ballot ￿ery y8ar8. An eleclion was held Tn Febnjary 21r22. The nexl declion be in February 2024. Nominee$ aprKJsnted by DFWI are subject to Ihe appotnlment F¥rtesse$ and guideline$ $et (*rt in Ihe Con$titutior. The Trust8es have tha power to ctropt up lo further rrnmb8TS to this currgnt Board. ¥tho wll $erv8 until the ebction when they may become truste8 nominations. Co.oplion8 are used to recntit any speoalist sknlls, the 808rd feels woukl b8 hèjpful. Al the first board me*bng following the Annud Meeting, the Board of Trustees norninates members for the pjsts ol Chalrrnan, Wice Chairrnan1213nd Hon. Treasurer and Asthtsni Treasurer, and th8se are 818Ct8d by b8lk)t. Organlsatlonal structur• The Board of Trustees, which can ha¥e up to 15 rnemb2r5. 8(knlnlstew5 the charity. tt I￿&t5 mnthty to OV81S88 lh8 runnlr of lh8 tharfty and ￿ar repcrt5 trom Ihe te8m5 that It s81 up to sP￿￿C 8ro8s. At present Ih88e Bre.. Publlc Aff81 aNd Inlemaiional, Sports and Leisure, Horne Economic5, Cateiing, Shcrw, CTrfls, Media Huts, Funldl Raising, ArchNe5 rtU81 Even15. Generaliv, Ihe teams wll rneet to 51x Ilm&6 a y88r. A frJrther t8am of MernbeTship SLrpport Ath88rn. who ale trained by the National Federation but appointed by DFWI, exiits to help with Ihe opening of new W15, the running of h)dlvldual Wl6 and thè training ol members to fill eommltto• poits *rfthln th• VW8 8nd iu$panding Wl$. A fvrthor taam, consl8llng ol Ibe Officers of the 808rd ol Trustees. 18 rospx)n8bl• for tho upkeep and rumlng of I￿ H•adquartors bulldlng, Dorbyshlr• House, and Ihe employment of the staff who ￿lIk Ihertr., il m•els lour lim68 a yo8r 8nd repoTls to tho Board of Trustees. Therts 8fe 4 empkjyed staff ol thfr Feder8llon. They are thts Federation Secretary who oversees all aspects of th• Djnning of the ofke and aGts as rnlnute secfetary for Ihe Board ol Trustees. Ihe FinarKe OlkeT, an Adrninlslrnllon Offiw. and a ¢￿arter. A gafdenefmanty man is cal￿￿ upon when needed ¢)n an ad hoc basls. All afe part-time ptssts. Indu¢tbon and trnlnlng of n•w tru•tw• Trustee training from National Is ncw done online. and Trustees must complete the cffiline course. All ol Ihe curMt TnJstees 8t OFW have completed this trnining. There are plans at Nati￿￿ levd for there to be refresher cour8e8 availab online too, New TIu8tee8 a￿ given an ￿dU¢110n in Ilarch wben meet thwr lellty* Twitee• the 8taff employed the Federolion and are lanNliarised with the facilibe8 of Headquarters. Rlsk man0￿mOnt The Tru81ees have a rfsk rnanagement sliategy that c(￿￿1¥61.. ' Annu81 revlew8 of any rtsks Ihe ch8rlty rnay lace ' The eslablishrnenl of &yslerns and policie8 and ￿OCe￿re8 lo miti"We these rthk• ' Procedures 1fflF4em￿Ied lo minirnlse Wential irnpxt any rfsk malersalise. PrO￿dUr&S In the area ol flnandal rf5k rn8nawmwrt are revltr**d Te9ularfy and #mended as fie￿#8￿. REFERENCE AND AOMINISTRATIVE DETAILS R•gi•tsrqd Charity numb•r 1178877 Prln¢lpal •ddrn Derbyshire Houie Sherwln Street DERBY DE22 1GP Page 4 DERBYSHIRE FEDERATION OF WI'S CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 Trustees The trustee$ vtho ¥efftd IIE ¢h8rity duriThJ Ihe were a¥ fo11ry￿". Chairman Wice Chaiwman W)c8 Chalm)an Hon. Treasurer A￿lStant Tr•asurnr Anne Bellamy R088rnary Fish Linda Singleton Margaret Hall rKta Odell Other elected Trustees BartAra Bwley Vfvienne Rttcrfles Fay RU￿eY Margafet Scclt Dlane Smlles Judith Stanl Tha Chalrpef8on. Anne Belamy. (• tJlh71atety Te•pth)st4• forthe day to day managtmant oftho F•darnlbn. Indo￿ndent Ex￿Tr￿mr John80n Tlds811 Urnlted Chartered Accountants 818urton Road Derby Derbyshire DE11TJ Argroved by ord8r ofthe bJ8rd oftrusto68 on................O. ￿. Jdp.*...... ar￿ iigned on rti t*hall ty. Mi A 88lJamy- TnM¢a• Page 5 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DERBYSHIRE FEDERATION OF WI'S CIO Indopendent examlner'$ rèport to the tNgtee8 of tkrb>3hlr• Fedefatlon oiwf8 ¢10 I report to the tharity trustees on ffly exatnination ol the account5 of Dthshire FedeRtw)n of Wl'5 CIO (the Trust) fDr the year ended 31 October 2023. Responsibilities and basi5 of report A$ th& ¢h8wity tsu$te¢$ of the Trust y(xJ aro rospMsfit40 fty th• of in acctydance with the roquiramants of thè Charfll•s Aet 2011 Vhè Art). I raport in r8SP8d of rny ey2rnination of the Trubf8 acmjnts cayried out under s•dIc￿ f45 of th• Act and in ca￿Ying ￿Jt my •xaminath?n I have followyd 8thicable by the Ctwity COrnmras￿ Lmder Section 14515)Ibl ofthe Act. Independent •x8rnlnorf8 8tat8m•nt I have completed my eX8mlTha￿0n. l Lxjnfimi Ihat no matertal matth come to my attenknon *Alh th8 examlnatlon gMr*J me cause lo belle¥e Ihat In any m*erlal rewL accourrting records wtre not kept in ￿speCI ol Ihe Trust as requI￿d by Sedion 130 of the Act.. or the accounts do nol accord wrfh those ￿0rd9'. or the accounts do not compty wilh the ap￿¢¢ab￿ requtrements conceming the fonn aThJ content ol accounts set out In the Charities IAccount6 and Reports) Regulatio￿ 2(KJ8 other than any requirernenl that the accwnis give a trua and Iwr wow whkh is not a mattef considered 8$ Port of an indapendent eyamlnation. 8nd heve come acrom no other matters in conn8clion with the exaMinatiC￿ to *t￿h altenlkjn Should be in ord a woper undgrntandmw of ts a¢¢ounls fo bg reaL%wd. inns FCA Johnson fidsall Lirnited Chartgred Accountants 818urtort Road O•rby Derbyshlre OEI ITJ Date: .............. DERBYSHIRE FEDERATION OF ￿.8 CIO STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 OCTOBER 2023 2023 Total fund• 2022 Totsl lurkls Urvwtrtd*J R¢slTi¢led fund• JTrJ8 e8 INCOME AND ENDOWMENTS FROM Donatlon5 and legacies 8A11 7.579 Charitablo acllvltl•s Ac1[vi￿t$ 70.904 70.904 79.366 Othor tradk)g a¢twM¥$ Inv88trn8nt incom• othor I￿Om& 107.276 S.$29 S31 107.276 5.$29 S31 106.369 4.887 5.594 Totsl 192.651 192.651 203.795 EXPENDifuRE ON Raising fund8 70.143 70.143 68,794 Chartt•bl• ￿tIVItI•l Acll¥AtI88 143.959 143,959 145,780 Total 214,102 214,102 211,554 Net 98(n￿l08￿1 on in¥e&tr￿n1$ {4.T231 {4.7231 111,393) NET INCOMW(EXPENorruRE (26,1741 5.358 P6,1741 19,152) Tranaf•rs b•tsvaen fund• 19 IS.358} N•t mov•m•nt In fund* (YJ.8161 15.358} 126,1741 119,152) RECONCILIATrON OF FUNDS Total fund8 brouthl fert¥ard 446.1 1&066 461,195 480,347 TOTAL FUND8 CARRIED FOFIWARD 425.313 9,700 435.021 481,195 Page 7 DERBYSHIRE FEDERATION OF wrs cio BALANCE SHEET 31 OCTOBER 2023 2023 Total funds 2022 Total funds Unrestridgj Resthcted Nole8 FIXED ASSETS Tangibk a55ets In¥e5trnents 14 15 202.882 149.063 202,882 149.063 205A13 153.787 351.945 351.945 359.21XJ CURRENT ASSETS Slock8 DeblorB Caih at bank and In haThl 1.766 6.285 101.644 1,7e6 6.265 111.352 1.213 9.189 133.948 17 9,708 10b.89S 9.7 119,403 144.348 CREDITORS Amounls lallinq du• ¥w¢hin ye•r 18 (38.3271 136,327) 142,353) NET CURRENT A88ET8 73 J61 9.708 83,076 101,905 TOTAL A8seTS LESS CURRENT UABILifiE8 425.313 9,708 435.021 461.195 NET ASSETS 425,313 9,708 435,021 461,195 FUND8 Unreslrfcted lunds Re8lrlcted funds 19 425,313 9,708 446.129 15.Cfj8 TOTAL FUNDS 435,021 481,195 Tho finandol ￿ateMentI •ppmv•d by the Bofiryl of Tru•t••• •nd for imue on ..... .... and $lgnqd on h behaff by.. A Bellamy- Trustae H911. TruAtee The notes fo￿ part ofthese financial 5tstèm•rts P￿8 DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTO8ER 2023 STATUTORY INFORIAATION Derbyshire Federation ot wrs CIO is a tharitatyl& inc0yJrat￿ organisation, registered in EnglaThJ and Wales. The charivs yegistered tharity numbef or*J wn¢We o(b*w w b& fwnd th$ ra(￿•ne& and a(Iministrab"ve detaik of the Report ol the Tru$tee3 ACCOUNnNG POLICIES Bo•lo ot prnparlng the flnanclal statements The financkl statements ol the charty, *fiich is a publ￿ benefft entity under FRS 102. have been prepared in accordance with Ihe Charltkes SORP IFRS 1021 'Accounling and Reportin9 by Charfll85.' St8toment of Re£offlmeThled Pr3cllce ap￿[Cat￿e to chanties preparing Iheir accounts in accordance the Fln8nri81 Reporting Sland8rd ap￿[Cable In the UK arml RepU￿1C ol Ireland IFRS 1021 (effective 1 January 20191., Finanrial Reportlng Stsndard 102 The Fwancial Rttporth"ng Standard aP￿(cable in the UK and Reput4ic of Irelantt and the Ch8ri1ies Act 2011. Thg financ181 statefflents ha¥e ￿en prepared urKler IhB historical cost conventiL￿. vilh Ihe excepl¢on of invoslm¢nt$ vthlch are included at mathtl ¥alu6. as mOdi￿d by Ihe revalualion of certain auete. Th• tln8nc￿I 818tements have been wepared to 9IvvJ 8 Bnd fai¢ viww and have departed from the charl￿&8 {Account8 and R8port81 RegulaJons 2008 onty lo Ihe extent required to provlde 9.tsue and fwr view. Thi5 departure ha8 Involved followlng the Accounling and Rewrbn9 by Charilte8.' Slaternenl ol RecL¥nmend•d PraclK8 appllcab to ch8ri1168 prepadng thelr acc￿nts in ￿¢01dan(% vjith th¢ Finawal Repothg Standard lor SrnalkTr Enthl•8 pubU5hed on 18 July 2014 ralher Ihan the Acc(￿n11Thj and Repo￿n9 ty Charitle8.' Statement of Rocommend8d Prnetlce effecuve from 1 Aprfl 2005 vknk* hao slnce been wdI￿rrIM. Th8 presentsts"oTh currer￿Y ol the finarKlal stslemwts18 Pound Steding (£1. Slgnlllcontludgefflents and a3￿m31•S Th8 88tlmates and underlying assumpt￿￿0 org r•*w8d on an onwlng basis. Rv4iStons to tKcounting 8sNm8te6 8r8 rttogni$ed tn Ihe period in which Ihe e$lim8t8 18 r￿Sed Ir ravis￿￿ only affects that pefiod, or in th• p•rlod ol the rev¢sion and luture p¢ri¢)dB If th8 re￿sh3n alf8Cts both current and fulurB periods. The following judgerrnnls 08Um#lè8 havè téen m•ae in the pn)¢￿¥ ol &pptylng the ch•rW• xcounting policle$ that have hBd the most significanl èffeet on Amounls roec•3nlsed in the finan¢AI •t•tements- Oepredallon - the u8elul Irf• ol Ilmd 88s8ts18 base(1 on a rewJni8ed accountS¢vJ pollcy. E6Umate8 are ca￿11￿18d h￿lutC experience and curr•nl 8ypec18Uofts of IKe. Flnanclal reportlng stsndard 102. r•duc•d dlsclosure exemp¢lons The ¢ho1ily has laken advantage ol Ihe foaowing d15dosure exemptlons hi pr8parfng these finan(¥al staternents, as Pormltt•d by FRS 102 Th• Fina￿1￿ Reporting Stsndard applk¥knle In Ihe UK and Re￿￿1¢ of Irelanrf.. the requiremeftti of Sedon 7 Stalement of CaBh Fb*s. Incomo AU Intome 18 recogniged In th• Statwnwt of FlnwKIg1 Aclfvlt*• on¢• Ihe charity ha8 entilewmnt to th& funth. tt probalse Ihal th¢ income VAII be r8c81¥gd and tho Amount can be measured Teliably. For done￿.0n3 ¢0 be re￿9n130d Ihe tharity VAII havg b8en no11n￿ of thè amounts and the Se￿ement date in wri￿n9. If Ihwe are condl(k)ns attached to Ihe donation and this requlrts 8 t¢vèl of perfomian¢8 before entn1en￿n¢ Can te obtained then 1￿cThe is deferred unlil Ihose c￿ditI(￿S ar8 fulty mat LY thè fiJlfllm6nt of those condftkjns is vAlhln the contrd of the charity and it 18 probat4e that they b8 fvffilied. No amount is Includ￿ in the finandal Statements for¥G4unteerllme In Ilne wllh the SORP IFRS 1021. For legaues. enti￿e￿￿t is earf￿r of the chaTty nolffj￿d of •b IM￿4￿g dl9knbut￿Th o¥ th818g8cy b8¥rvJ recwved. At this point irKom6 1$ ro¢ognis0d. Page 9 DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMETrifs - continuod FOR THE YEAR ENDED 31 OCTOBER 2023 ACCOu1￿ING POLICIES- eontlnuod Ineom• Inc￿ne from Irading acti¥Mie5 incl￿e$ income eW￿d from fLmdr8lslng 8¥•nl¥ and lrnding activitie5 to rai8e funds for the charity Ino)me Is recoivod In exchango fDr sUppl￿n0 gC￿d3 and servKu in order to raisa funds and rKogni$ed when enuuement h48 ocojued. D•btOTS Trade debtors and other detrtors we recognlsed al Ihe set11eTh￿ aft￿nI ¢kn less any dIS￿l￿nI. prepayn￿r￿S arB valued at the 8Th?unl prep81d. ExpendS¢u Ll8bi1111gs are re¢ogMwI 08 eypenditure 80 bo￿ as Ihere is a legaf ￿ con$tructi¥o 0bfjgat1￿ cL￿m￿tIng the char to that expendrtur8. It Is probable that a transfer of e￿Orni¢ benefils W￿11 be required in setll8menl and the amount of th8 obllg8tion can be meBSured reliaW. Expenditure i8 8ethinl8d for on an accruals basss and ha¥ been cli8sified under heading8 that aggregate all co81 re181ed to Iha category Where costs cannot be diredly attributed to paitular h88ding6 they ho¥e been ollocal¢(l io adivitie& on a basil o)n•i•tenl ¥¥ith the of res￿re￿. Eppgndlturw Indud¢s £4,440 rela*w to independent eXamIn•t￿)n I￿. Cr•dltor• Creéilors are ￿nISed wher• Ihe ehwfty ha$ a kY&S•rf oWlgatEon r•suMlro frcffn • pa81 event thal wll proba resutt In the transfer of funds lo a Ihlrd party and the anvjwl du* lo obligabon can be measured or &stimated rdlablv. credft￿s are recognlsad al thdr sèttkmènt amunt. Tanglbl• ftx•d ￿¥•ts DepreThation ia pr￿ided at the ￿￿kn•?￿j gnnuol rot88 In lo ￿118 off 801* *801 over It8 ulimated uiefvl lif•. Freehohd prepotly Fixturei and fitting• 2% C￿ co81 Strawl Ilrta o¥or 7 y6 Freehold land Is nol depreclated. Tanglble flxed 88sels are slated at cosl lor deemed cosl) or Valua￿Tr Sess accumulated depred8Uon and accumulated Impa5rment losses. C￿1 indudes costs direclly attrib¢Jtsbl8 lo maklng th8 asset capable ol operatlng as Int6nd¢d. Slock• Slocks are v¥fued at the of cost and nol T￿[roa1￿8 val￿, after making allfy*ance for obsolèto and ilcw rncwnq itemB. T•x&tSon The charfty k8 ¢Xt¢N)t from tAx on Il• c*wllJbh #¢Jv1b￿. Fund accountlng The charty malntalns the of re$￿e$ requlr8d lo fvffil Its obfr8dfvo$. Tho Ix)wd 0fts￿te￿ ￿￿10r¥ Teser¥es al regukir meetiTrJs. Unrestricled funds are donatxjns and olhar Incoming ra5wrce5 reCe￿3￿￿e or wernted for cl>iects ol Ihe chaTty without further SpeCrf￿d purpose and ara avalLabla as gO￿ra1 fiJndJ. 096¥anated fund8 Mmpd¥6 unmstrthd fi￿r￿S Ihat have been s6f aside by the trustee8 for partkular purposes. Th• aim and use of each deslgnatad fund bs set the Ihj finJnc4al Jtalernents. R8sffict8d funds are tv be used IDr ￿p￿￿C PU￿)5￿ a5 Iwd down by the donor. Expendltur& whlch rne818 the88 crit8ri8 18 charged lo the fj￿d. The and use ol each wtricted frJnd is sot in the notes to the financlBI statem•nts. Invwtmqnt as8•ts and Incoffle Pa98 10 DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEmE￿r8 - continued FOR THE YEAR ENDED 31 OCTOBER 20rJ ACCOUNTING POUCIES * contlnuod Fund accounting The charty holds lThMstments ￿ r￿d assels. The intorost ¢J) d8posNs and dfvldends &wuing invathnls 18 w￿lUded in *14wtm•nl IncKJm• on rec8N8ble b￿8. In accordanc• bvllh tht statement of RecLynmeTrl&J P￿Ike, Ihe Federalion vdue8 ils lrtb*tm•nts Il Iho falr ￿lUeS rt￿1ng at th• date ofthe balarKe sheeL Market ￿￿8$ we us&J to eJlab￿héd f#lr y￿u•$. Reallsed and ￿realIsed gwns a￿1 thse5 w8 deart Wlth In the geneAI fund. Flnanci?I Instruments Finanaal instruments are c1a8lrf￿d and ac¢wnbJ for, a¢cNdiThJ lo th• wbstarth of Ihe ccffjfraclu￿ arrangeThnt, as either financial 8$¥el$. fina￿181 liabilities or 8quity in51wments. An equily in8trurr*nl 18 arry contrad that a￿denCeS a residual ynt8r881 ￿ Ih? as•ets of ¢he corrwny 9ftgr deducling all of its liatslitws. DONATIONS AND LE*ar •nd•d 31 October 21Y22. Truslg••' oxp•n* TJu8tee8 rKe1v￿1 reImt￿rwnents of I￿r •y4)•na￿. In 2023 12 tru8lee• fOC•Ned a t￿1 of£B3912022: 12 truite rKeived £8811. 12, STAFF COST8 2022 Wagas and 8818d 47,822 46,169 47,822 46.169 The average rnLythly nwnbor of omploy891 durtng the folkm: 2022 Adrymnijtralive and ¢ar91ak8r stsff No empl¢>yees received eM0￿MentS in exc￿5 of£60,1￿). The tolal cost of Wa0￿ and Indude emplwe¢$ perffj1￿ ￿$1* 01 £1.20412022.. £1.1751. K•y omployo•• Thè exoculwè decAIM t<¥1y18 the bowd oftnJslee$. No wuneralSon Is pald lo tsusttts. The employed $18ff are Tr)t in¥¢￿￿¢d In 8enlor kadelship arbj lh￿r fvncbon 15 either administrative or dellverin9 8nd 8UPPOrting the twsiaes. There are employees as described in thE currerrt legiskitlon. Pw13 DERBYSHIRE FEDERATION OF ￿'s CIO NOTES TO THE FINANCIAL STATEMEfrrrs - continued FOR THE YEAR ENDED 31 OCTOBER 2023 13. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL AcnvmES Unrestiicted funds Reslricled funds Total fijnds INCOME AND ENOOWMENTS FROM Donations and log&ia8 7,579 7.579 Charltable actlvlll• ACt[￿lSe$ 79.386 OlheT trading actMtre5 In¥e3trnent income Olhef income 1C6.369 4.867 1￿,389 4,887 5.594 Totsl 203.7 203,795 EXPENDITURE ON Ra181og lund8 85.794 Chjrltsbk actjvlti A￿￿tIeS 145.Th) 145.7 Total 211.$54 211.554 Net gain•lOou•o1 on In¥•ilm¢r (11.3931 111,3931 NET INCOMEI(EXPENDITUR rrnnster8 bèlw•en funds 119,152} 1.488 119,152} 11,4881 N•t M0￿mOnt In fund• 117,e84) 11,488} 119,152} RECONCILIATiON OF FUNDS Total funds broughl foTrvard 463.793 16.554 480.347 TOTAL FVNOS CARRIEO FORWARD 448,129 15.066 461.195 Pag9 14 DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMEKfs - continued FOR THE YEAR ENDED 31 OCTOBER 2023 14. TANGIBLE FIXED ASSETS Fixtures and ffttings FrwlKJld Tot COST At 1 N¢)vemb8r 2022 31 Odc4>er 2023 212,1100 3.772 211T12 DEPRECtATION Al 1 Novemb8r 2022 Charge tor year 2.359 531 10,359 1531 At 31 (klobar 2023 10.IX 2.890 11890 NEf 8OOKVALUE At 31 Oclober 2023 202.000 202,882 Al 31 October 2022 1.413 205,413 Included in cost cfj valualhjn of Lqnd and t￿lIdN￿8 18 freehokl land of £120,1JxJ (2022 . £120.C￿) vthich ré nol deprea8ted. 1& FIXED ASSET INVESTMENTS UntiÉted inv•itrMn18 MARKET VALUE Al 1 November 2022 RevdualSon8 153,787 14,7241 Al 31 October 2(F23 149,063 NET BOOK VALUE Al 31 Octob¢r 2023 149,063 At 31 Oclot*r 2022 153,787 There were Tho Investsnenl a5sels ou￿de the U Co$1 orvaluation a131 O¢tober2WJ is rePl￿nted by. Unll*tèd knv•stm•nt• V8fuatlon In 21723 149,063 Page 15 DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMEfrifs - continuod FOR THE YEAR ENDED 31 OCTOBER 2023 1& STOCKS 2023 2022 Stock4 1,766 1,213 17. DEBTORS: AblOUNTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Twle debtors Prepaymenls and acuued ineome 2.122 7,LY7 5.487 6.285 9.189 18. CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YEAR 2023 2022 Taxallm and 8e£l81 swlty Oth•f cradllors 761 35,546 379 41,974 36,327 42.353 Other cr&Jrtor¥ Includ0 deferred Incom 01 £31,516 (2022.. £37.9741. 19. MOVEMENT IN FUND8 Net movement in fvnd8 Transfer• be￿8￿ funda At 1111r22 At 31110123 Unre•trl¢led fvnd• General fvnd 440,129 P8.1741 425.313 R•strict•d funds Closed Branch88 15,066 15.3581 0.708 TOTAL FUNDS 481.199 12Q1741 435.021 Net rnovement In fundj. tsILhded kn the abm are as fojlows.. Inccmnthg Resou expendgd Galns losses Movement in lund5 UnrnstriGtqd fund• Gtnorol fvnd 192.651 12141021 14.7231 126,1741 TOTAL FUNDS 191651 1214.1021 14.7231 120.1741 Page 16 DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023 19. OVEMENT IN FUNDS- contlnued ComparatIv￿ lor mowment in funds Net movemnt In hjnds Tr8nsfèrs between funds At 1n1121 31110r22 Unrostrlct•d funds General lund Derbyshire Hwse fuThl Veronica Byers Mefflorlal luThJ 414,824 29.0 19.919 119.1521 50,457 (29.0501 119.9191 446.129 463.793 119.1521 1.488 446.129 R•8trl¢t•d fvnd• D Cox fund Ck)6ed Branches Derbyshlre rorffi refurb fvrKI 4,627 11.657 270 {4.62n 3,409 1270) 1S,C68 18,554 {1,488) 15,068 TOTAL FUN08 480,347 119.152} 461,195 Cornparative net rrvJvemsnl th I￿￿$. Indud8d In ts abobt are as lollm.. Incomln9 Res￿ree$ Gains and Movemenl In funds Unr••tri¢t•d fund• Goner￿ furtd 203.795 1211,S541 111,3931 119,1521 TOTAL FUNOS 1211.S541 111,3931 119,1S21 A eurrent y88r 12 rnonlhs and yew 12 ffrfjrrths (xmbined p05itp)n Is as lolltyws: Tronsf•rn At 1111r21 At 3111or23 in funds funds Unr••trl¢t•d lund• General fund Derbyshire House frjnd Veron¢ca Byers Memori81 fund 414.824 28,050 19,919 14S,3261 $5.B15 Q9.050) 119.919) 425,313 4e3.793 145.326) 425,313 R•slrlcted funds D Cox fund Closed 8ranch•s Derbyshi￿ room refurb fvnd 4.827 11.6S7 270 {4.62n {1.9491 12701 9,708 16. {6.846) 9.708 TOTAL FUNDS 480.347 145.326) 435,021 Page17 DERBYSHIRE FEDERATION OF VII'S CIO NOTES TO THE FINANCIAL STATEMENTS - ¢onlinuod FOR THE YEAR ENDED 31 OCTOBER 2023 19. MOVEMENf IN FUNOS- condnued A current year 12 mcrths a)d prKJf year 12 months ctsnbthad not in funds. i￿lUded in the above are fowows: IrKuning rgsources Resources gXP8nded G4ins and 88e8 Movement in fitnd8 Unrestrlcted fundB General fijnd 1425.858) 118.116) 145.3281 TOTAL FUNDS 1425.856) 116.1161 145.326) R•5trlctod fund• Reslricted lund• hekl by Ihe Federathx earffjot be u8ed for gener81 pwpoie• and are ￿lted bdow.. Clo8ed 8ranche8 . funds the￿ lor Ihree yearn after dosure in cwe the Wl rtrtsmi8 kn that Vm•. If 8 W d0•8 nol rtrfr>rm, money held on Ihgir beh￿1 tr8n8fern to the Fed•ration general lund. (￿lUd￿j in lh• Net movement ol luTrJs ts Cio¥ed Branthes 1$ It￿ rese￿¢ of £3.358 wl¥th rel*ei to fvndj held fvr brtn¢￿$ prior to 31 October2ry20 In ￿9)￿9￿nCe thfjth the abo5* pc4y. Trnngf•rs b•lw••n fvnds The Board olTrustees re8oh5 thai the Furlds Sho￿ C￿ the Slaternenl of Financial Posrfion should be shown solety a5 General Fund (unrestricted) and Suspended Wls Irestricted). Tht Both is of the that ther8 ar8 no le9al, contractud or 0th8r r8qulr8merbts tho1 prevent the current r8strKted frJndJ consolldated Inlo thg G9￿ra1 Fund. Thèreforè the Oerbyshlrè Houg• FuThJ, VeronKa ByefB Memorfal Fund. O Cox Fw)d •nd lh• 0orbyihlr• Room Refurbishment Fund have been transftrrnd to tha Genefal FurAI in the yw. 20. RELATED PARTY DISCLOSURES There were no re¢aled paity Iransaths ernled 31 OGtoi*r 2023. 21. ULTIMATE coiifROLUNG PARTY The Federotion 18 Corrtrolled ty it$ trustee8. Page 18 DERBYSHIRE FEDERATION OF WI'S CIO DETAILED STATEMETrif OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 OCTOBER 2023 2D22 INCOME AND ENDOWMENTS Don8¢lon$ and legacle• Use OF hBll Sundry donations 7.591 6.935 8A11 7,579 Oth•r kndlng actlvltles Affiliation fees NFWI affjliation feas W l $t8lionery, liier8turg and merthandising 46.001 $4.959 47,139 52.329 6.316 8,903 107376 106.369 Inv•stm8nt Income CCLA fixed asset Inv•8￿￿niS Depo$h 8ccount Interest 4,818 713 4.798 89 5,529 4,887 Charltabh •¢tlvlll Acllwllej 70,904 79.368 Other Incom? Closed branch I￿￿$ 531 5.594 Total Incornlng r•v*ur￿¥ 192.851 203.795 ExPEND￿URE Ralslng don•tlons and l•ga¢J•s Wages In$uianc6 Aceountancy stst￿nery etc for r884e NFVVI affillallon fee& Offlce expendilure Pioperty expendllure Bad Debts Deprerialion of langllAe fixed assets 4.782 547 4,823 632 427 5.187 52,329 1,333 6,681 54.959 1.337 987 133 253 111 253 70.143 66,794 Charttablo adi¥itip• Wage8 Carried forward 19,129 19.120 18,465 18.465 This page does Th)t Icffm part ofthe slatutw f￿￿cIal statements Page 19 DERBYSHIRE FEDERATION OF ￿.5 CIO DETAILED STATEMENT OF FINANCIAL ACTi￿nEs FOR THE YEAR ENDED 31 OCTOBER 2023 2023 2022 Charftsblo advltles Brought fonydrd Insurance Accountancy Commlttee general expenditwe Office expenditur• Pro￿ty exFendrture MSscellane(￿S Expendlture Deprè¢l8Jort ol 18ngllAe fixed asseis 19,129 18,465 1,265 854 69.495 2.815 1.797 13 66.276 1827 1.974 92,694 95,210 Support Eostl a0￿MIn¢• ¢o•t• Wagès Insurance Accountancy Property expendilu Office expendlture Bank chargeB Depr8clalion ol tanglbkn fixed 8sa•ls 23,911 3.829 3.108 23.081 4.428 2,990 6.290 9.313 2,878 1,772 9.358 2,378 1,772 5136S 50,550 Total r06¢u￿e$ expend¢d 214102 211.554 N•t •xp•ndltur• 121.4511 (7.7591 Thts page not form part of the stabjtory fnanrial statements P48 20