REGISTERED CHARITY NUMBER.. 1178877 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 FOR DERBYSHIRE FEDERATION OF WI'S CIO
DERBYSHIRE FEDERATION OF WI'S CIO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Reportof thÈ Trustets 1 k$ 4 Independent Examlnerfs Report staternentof Flnanclal Actlvlll•s Balan¢e Sheet Not•s to thè Flnan¢lal St•t•meiits 8 b) 17 Detalled Ststementot Flnandal A¢tlvttles 18 b) 19
DERBYSHIRE FEDERATION OF WI'S CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 The trLth•s pr•s8nt their r8port with the fm8ncial slatements of ts chaiity k)[ IhB year ended 31 Octthr 2024 The trusts¥s hav •d¢Pted th• prOs1on5 of Accounting and Rawthg by Charilie& Stslnènt of Ro¢omm0nd0d PA¢tro applKab16 to ¢harit&s prpanng thbir wxA)unts in accordance lh& FThrthl Rep£try Slandard applscabl• in th• UK and RaputAic Of Ireland IFRS 1021 lett8ctsve 1 January 20191- OBJECTIVES AND ACTIVITIES Oblectlv85 and alms The Wl wekomas all Men who live in ruAI or areas and airrr5 b) irrprove th8 qualty of Ihair life n th•ir communib88. It offers its m8mbgr5 the opwxtsjnity to Thet in a Traly. saf8 atnKsph•rg %th¢r¥ thy ¢an dgwbp n intsroa5 and awuiro 5kill5 01 value b themsel¥e8, their famrfs. Iheir EvoAts ar0 held dwing the year e.g., art5 and Gf8fi5 and home econorrmcs c+assas. keepfit and ¥)ortinll events. and oul.ros an educational PU48?. Thw• is >)rn¢thithy lor •veryone in bxlals Wl.. ¢onlw8rw it•ms of kn¢¥l and national vnportsrK•'. COW56S and rkshops which 8FB instructiv•. may held tocaly bxxl ot naknl traThr4 soc481 e%nts, aTrJ Outh.$. An irnportant aspeGtofWI life is the prDC88S of putbng forwa w)tivJ ofi r•sokrti)ns on rnatt•T5 of concern to momb8rs. Ifaccèpted. thests then be)rn rn3ndate5 on Ythich the campaw localty and rotKn•lly a$ aptYopri¥t•. Wl is the largest women's organisation in EwJaThJ. Was, arml ts Iand9'. rt can decion makn'ng 8t all l¢vg1$ anL1 1$ • strong kJbbyiryJ body. not t(sund by politi1 or religrrityjs affilrdtiM_ 8bpve is a préo5 of the role of the Wl nalionalty. Tho DFW haw Nts"r¥1 to dD their best trj frJlfil role in DertJyshI in the bst y•ar. Th• notsblo •v•nts h•ld by DFW this yearwTre." In November the Cr8ft Team held a ReGyde f>dbLqe Day to erKOkWage rtrpwpxng of Ite in ilh our fii•NJy goals OeGemb&r saw mernber5 enpyw an ovomthl for tho C7$¥t 8knthim •t On March 51h h8ld our Annual Coun¢il Meetiry #t th• Wheel. Ch8stsrfhJ. Therè dts a very gODd atterxlance to hear our speakers. In the moming Mike P¥lm&r. ¢M of 3 Dads INalking spoke of Ihor eflort8 and MmInent to raing awaren8ss o15uiode in th8 undor 35,8. Th¥ aft•moon spoakorw85 Tom an and 88w-nfes$¢d sl•ffJ•zw. In April held a knd resd8ntial %there mambèrs ¢Ad ¢lb)0$0 fffjm 4 vthkshops craabw lts)g crafts. TknJyhoutts year rneMlS on ugaTh80d vipatsb) tXm• G•rd•rK Ch•lwa F)r Show aThJ tha ol Wgm. Thair braTh wer8 challenged thjfi'ng the Courty 02 arxl tsy woro SUFWrt in t8thb)gy and slaying safe online. June saw members travel to London for an o¥emi9ht stsy tt¥ all?1 fv Nalyonal Feder81k)n4 Annual Meoling held at th• Albtsrt Hall. ThÈ meeting alxs broadeast online provide th8 Opport) hjr delegatss ID vole online for the rvSo1KSn. All 36of D•rbYs.rl.s d•1•tS atnded F•rson. rsoltrtKn vDt8d for in 2024 wa Oentsl HeaEtr Matter5 Th&r8 15 3 Ghronic shsxtsge of NHS Oenlist8 and PFI? •rn suff•mg health i58u&s as a rewjt. Tho NFWI calls on the Govemtnent to increase investrnent in tho tranin9 and r•tsnknn of d•ntists and vJrrent inadequate NHS contracts in order to 8nsuw 8v8ryonÈ ¢art #¢t•ss an NHS dentistkn6r they hva. This resolution carried by a wnaprity by)te 0yl¥.$ Lyn dantsl haalth atévfrnts DF¥M moirtt>irt•d a pms•rKe at sh)w8 throhOUt thè swnrnBT. In the Show at Elvasbjn Park 58 unfortun•tsly cancelled du• to ad¥er88 weather conditN)ns. but Ml ÉXPè¢l 10 tske ow placa in &Jne 2025. Wo h8d a $$nG¢ at A5hix)umo anLI Ashover shD August P•99 1
DERBYSHIRE FEDERATION OF WI'S CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 ACHIEVEMENT AND PERFORMANCE Although no new Wl's wre openèd Ihis yèar. n&ittrr did ¥ ck)se any and 5ebYral Wl s saw an inc¥ea58 in Ih8w numbers through athv8 rectuitsnent ThroUgUt thi5 year ve ralerrod ts our 5->Yar Stratsgy Plan. We continu¢ to l¢ok ot various areas ofour v40rK techTh)logy. oryri$ab"on. and of m•nbw pr•mi5es and fwnce. This rAan 18 now in place We plan to inugase of nw members and lo 0)uNge exi51mg m&mrS to be as irNohd as pobb8 at both local and fed8ration ve1. We ntirJe In create a u88r-friendly online F4atfom b provM •btrts. ahd w•kw5 to ourmembarshtD. We now u58 a (xrd rqad£r rnathine enablng Thmbarsto wrdse ixkets for 8¥ants olhor o¥w tt)¢ phon• than riting th¢qS and posing them in. In 2024 are in line with our Syear plan to u8¢ mail firsl lo ¢Mts¢t In5ti1ukns aTrJ by mail onty ama is rK>t possibl8. In 2024 ntinUed our wm kn bo as paporfree as ¥t4e. In accordance With our slratsgic plann¥J. y corityiup to fft9ints De0 as a comthtion as F4)ssA8. W? aro aiming to bo as 04nY a5 possbl8. FINANCIAL REVIEW Our Trustees Lxjnbnue to tsko proacthp thMent in tho day404ay of ts Offi and p•T1J.fAr th• financ• olfice. r main inGorn• stream, as before, is from memberthp feès aThl ¢>)rttfft t• •xisb"ng menors and ottrad new ono$. A yreater portion ofthe feos has been albxtsd b tha Fadar•tion •nd 10 1rtthwU•l Wls by NFWI, ho are retainiThJ a smaller portion th¥n in prior yeafs. r sub-tèAm$. ¢Y)tall olwhKh ar• frjnd raisng in nature, Cont to k{xrtways Df keeFirg our rrm[S intsr85t8d 8nd Invo 1h 0ts hop• arn of a variBd interest to our mbers. Supwl Itom Thrnber5 is la1. tsspecially £0 in thg presont ¢limate. Evèry fk)rt is mad• lo kfjtrp the costs of events aslow as rmain $ts ar• tg•ly in line byilh budgol as aKvays staffiw4 and lh• maintsnanc• of Doyre House are the greatsst costs we fact. Investment powers and pollcy Therg are np rt$biction$ on tho ¢h4rity'$ ID wwest The inbyslment is reviod by thè Offi¢¢ •nd Fina Sutpcommitts6 annually and adbice tsken. It is now the polw of th8 Foderation hold Surplus frJnd$ in low tr• m•%Yium risk charity organisation invesèThntfund$. a dèci0 Ihat h5 pro%d finaaNY satisfaclory this year. Reserves pollcy Tho TnJsfees have 8st3blish8d a l1¢Y Trthereby the urypstrrled fund5 not or wN8stsd in lanbkn 0s$0ts (th8 fr88 reserves) held by the F•dèraliort should t 12 monlhs of the resourc8s axponded. •quats to aTound £210,WO in general fvnds. Free res8r¥es repr98•nt lh knrkn.ng e•r Fed8ratioTr 8vailablo to support short-tsim objècti8 and to safeguard against unExpectrl decreases in Al pre8enl the frae •mount to £238.U)O. artr above this t2rget lev1 and ill btr looked at m the lUbe ID b8nefitth meftws. R•strlcknd funds We have some ftjnds 1hat reslricted as to th•'r use. thoy am corMylt•d to desgnaied acbwti&s and ¢annot ba used for neral pu88s. Thesa funds ore •sfollowB'. - ' Cltssed Mrts- hold forth years aft•r eb)sJre in c*80 the Wl Te0pW in ¥wtb"nYd Pag• 2
DERBYSHIRE FEDERATION OF WI'S CIO REPORT OF TrIE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 FUTURE PLANS The Truste8s arg Yigiant in monitNino èxptrrx1iffj and #rè c•nffidont that bo ab kn continu• our thb.es and I1 Qur obie¢uv•s. We ill continue to 88gk ¥pongJr8hip for our o¢bwl$ 0$ approrwiote. and b iii¥¢styts aid Ythere 3Yailable W• continue to daim Gift Abj. incr8asing Ihe numbèts r69i5ted. The Trustees are commrtled •) wrrking for the benefrtof th8 Federation b) caThy ilfffftvard th? Mxt y••r. STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng document The DFWI 1$ 9ovemad by its Constitytion and of AswaatK)n. forn1 in 1918 and last amended to allow lor current 90vematK% algements in 2tr21. It is rpoisteTrd as a ¢.bkn IncOrFrated Organbon wth the Ch8nty Commiwon. charity numter 1178877. The obpct Of DFWI is ts fthther thè Fx#ptsse$ ol Iho Wl tsrgani5ation in lh• Fethration of Dorbyshire. Any thyjman aged 18 and oTrr can b•eom• a and thBw• are cwrenty 4.389 memF5 W?thin Iha D8rbysl¥rp Federati¢)n. in 142 W5. Rxrultm•nt apptslntmont 01 ntw tru$es As sèt OLrt in th8 ¢on5ts1ut¢n. the Trustegs aro rThin1•d by in the F•l8ralJn or by tha oxi8bng Board of Tntsle6$ and are electsd by ballot 8vry years. kn ¢th0n hgkl in Fobruary 2024. rnxt 8SectioTh wll b8 in Feary 2026. Nominees aPKK)inted by DFWI Ar• subp¢t b) tho apwntment processes gvhgeliS set o¢lt in th8 Consbtution Thé Trustse$ have th8 P0r to up to thr¢0 fthr merthr5 to trM5 cwrent Board, tho v¥41 Se ltil the next o18con when they may become trust88 norninatKn8. Co-OM•)ns ar8 usod k) roULAtY sp141&skills. whith the Board fpels wouh b• Ipfv1. At ts first ard me6tin9 th Annual the Bowd of Trustoes [Inats5 manknrs for th8 posts of Chairman. Vice ChaimnI2) and Hon. TaSur&r and Assi5knt Trva5ufBr. arKI IhBs• are olBCted by trAllot. Org•nl$aUonal $tru¢lure The Board of Tnjstses. up kn 15 th¥ ehaiity. 11 mèetsmonthly to oversee thg running of the drity and hear repots trom Ihe tsams that has $61 L4) tr• spwfi¢ •was. At pr•nI th•s• ar•". PUbC Aflair5, Sports and Leisure. Home Econc¢nts & Ctsrw. Slww. Crafts. M•tha Hub. Furt. Archiv•s with some Virtual Events. Garrally, Ihe teams knill meet up to titnE5 a ye¥r. A tearn of Mwlknrshy Supwrt Athisers. wtho are traiMd by thg National Federation appoint8d by DFWI. e&ists ty) help ith op•h1 of new Ws. Ihe running of individual Wls and the ¢In9 of m¢mE¢rs 1¢ fill ¢¢¥nmi• PO and 5U5p8nding Wls. A bjther team, consisting of the Olficer5 of Ihe Board of TnJste88. i8 r88ponsibl8 fry tho upk Nnn5ng of Ihe Headquart9 building, oerbystr18 House, aThJ ts enwoyment of the stsff who Y4Yxk there". it rIts four tir a year and reF¢Jrts to the Board of Trustees. Ther8 are 4 employed staff of the Federation. They ara tha FedErab"th SpGretary vkno ove99$ all aspBcts of the running of th8 office and acts as minute sacrèt2ry for thè Board of TrustO0S. tho Finort? Officr. an Admiri5tration Otficér. and 3 deaner. A 9ardeneilTrondy rn3n is calbd upon when n86d8d on an ad t•9$. AM •r• wrt-tim• posts. InduCOn and tralnlng olnewtw$t••s Trustee training trom National L8 now done online. 3rKI all TnBtees 51 compl&ts Ihe onlTh wJr8e All OF thg oJrr¥t)t Trustsos at DFWI have completed Ihs trainiwJ. Th•r• ar8 FAan$ at N#)n#1 level lorthgre to be refr•sher courses availa• online tvo Now Trustses aro gven an induction in March then they m8&t thw"r f•Mow TnJst••s and the staff •mph)yed by th8 Fedefation aryj arB familiaris8d v4ith the laciliies of Headwarters. Rlsk managèmént Th8 Tntst&es hav8 a risk man8g8m8nt strategy trt )rn". ' Annual revi8ws of any risks the chartty may la¢0 ' The 8Stablisknent of systems arvj policies and WX•Lkns Nitigat• Os• risks - Proc8dur68 implam8ntsd t mK#mis potsnbal inW¢tsho any risk maknpb5e. Procedur•s in th• #r•# offfiMnck#l risk managernenl are re8**j reguhrty awKI amBThled as neressary. REFERENCE ANDADMINISTRATIVE DETAILS Rqglst•rnd Ch•rlty number 1178877 Pa3
DERBYSHIRE FEDERATION OF WI'S CIO REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 Prknclpal address D8rby8lw're House Shervèin Strlot DERBY DE22 1GP Trustees Chairman Vice Chairman Vice Chairman Hon. Treasurer A88tsnt Treasurer Rosemary Fthr Fay Rumley JY Strn Marg8r•t HaN Margat Scott Oth•ro1octsd TnJst••$ B•rb#ra Badey Ruth Daws¢ ChvFstin8 Levasseur Susan Murgatroyd Odell kn ldItional trustee, Lois Wilke4 W4$ C4MIFled for slil set The chairp0. R0Mary Fisher, is UrrI01Y resp)nsN8 lor the day to day managrnnt Oft Fothratron Indèpendent Exomlnèr Johnson Tid¥all Limited Chartered Accountants 81 8urton Road Derby Dfrrt)y8hit• DE1 1TJ Apwov•d by Drdorof th• b)ard of InJsts*s on. . . ..................................... •nd on by.. R Fisher- Trusteg Pw4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DERBYSHIRE FEDERATION OF WI'S CIO Indèpendent examln•r'5 r•port to the Irusteés of Derby5htre F•d•rnllon otM¥ cio I report to th• tharity tJuste8S on my exarrinal)n of thg act•unts ol D8fbyshw¢ F•deratty of Wl'8 CIO Vhe Twstl br year onded 31 Octob&r2024. R•$pon$lbllltle$ and ba$ls of report As the ckmrity trusteas of the Trusl you a rèspon8W• the y•p8ration ol Ihe acnts in acudanc8 th r•quir8m•nts of the Charibes A¢t 2019 IYh8 Arf) I report in respect of my examination of the TrusV$ a¢¢iNrnts carried out undei Secfh)n 145 of the AGI and in canwng out my 8xamiTration I havo folbw•d all appk'¢abl• (aCtionS givan by lh• Charity CryrThvasK)n under Section 14¥5Xbl ofth? Aci Ind•pendMt •xarnlner'5 5tatem•nt I havo ¢ompletsd my exarninaton I confimi thal Th) rna181 n¥lt•r5 ha b) my alknnlion com8ction 1th the examinab'on giving rr cause to boliEve Ihat any matwial r•sped'. accounting recorts re not k•pt in resFeCtof the Trust as rew[• by S&¢bon 1x1 of lh• Act., or the argounts do not afford those re(xJrds,' or the a(tounts do r1 o)mply wrth the appltsbje reqrements h)mi a1 ntsnt ot •c)unts set out in tha ¢honb"es IAccounts and Reporf51 Regul¥bons 26 other Ihan any requr¢mont th•tlh• accounts give a tru8 and lair view is nota matter wn&dered 0$ part of an dendant exarrrAlitin. I ha no mncems arKI ha ¢orT acTOSS Th) other matters m conrnGtrsn Mith lh8 exattMnatbJn attention should b• <Jravm in rt in ord•r to anable a erStaTlI of thg to b• Trach6d. ard Kthnn5 FCA Johnson Tx15all Lirnit¢d Chartered A¢countants 81 Burt Road Derby Darbyshirè OE1 1TJ Dats". )( Pap5
DERBYSHIRE FEDERATION OF WI'S CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 31 OCTOBER 2024 2024 Total tund$ Tokl fvnd5 INCOME AND ENDOWMENTS FROM Oon2knns and18g¥o•s 8,601 8.601 8,411 Charltable aGllvltle• Activit•5 75,020 75.02D 70.WJ4 other trading acbwiies Investm8nl IOrn+ 107296 6.003 107,296 6,003 107.276 5.529 531 Total 196,920 196.920 192,651 EXPENDITURE ON Raising fijnds 05.704 65.704 70.143 Charllabl• a¢tl¥llJs ActivitiB5 142.995 142,995 14359 Total 208,699 2QO.099 214.102 N•t gainslllosse8) on 18¢M6nt5 15,174 1S.174 14.7231 NET INCOMEIIEXPENDITURE) Transfers b•r4¥een funds 3.395 9.708 19 126.1741 P.708} N•t movém•nt In fvnds 1J.103 19,7011 3.395 126,1741 RECONCILIATION OF FUNDS Totsl fund5 broughlfoThthrd 425.313 9.7 435,021 461.195 TOTAL FUNDS CARRIED FORWARD 431A16 438,416 435.021 The nots fDrm part Of1h fina•1 statenwnts P8g• 6
DERBYSHIRE FEDERATION OF WI'S CIO BALANCE SHEET 31 OCT08ER 2024 2024 Total nds 2023 Totsi lunds FIXED ASSETS Tangibl& ats Invesbments 14 15 20D.351 164.238 200.351 164,238 202.882 149.063 364.589 351,945 CURRENT ASSETS Stocks Dèbtors Cash 31 bank and in 18 17 1,417 7,173 97,848 1A17 7.173 97.648 1,766 111.352 1118238 106238 119.403 CREDITORS Amounts lalling Within ygar 18 P2.4111 132,411) 136.3271 NETCURRENT ASSETS 7327 73.827 83.076 TOTAL ASSÉTS LE88 CURRENT UAeiLITIES 438.416 438.416 435.021 NET ASSETS 438,416 438,418 435.021 FUNDS Unrestrthd fi¥¥J$ R851rictsd frj 19 430.410 42S313 9.708 TOTAL FUNDS 438.416 435.021 Th• finanryal statsmBnts wer8 apwo¥•d by the Board ol Tru5•s 6x issuo on •nd w?r• swJned on its b8haV by." R Fi5her- Trusteo M Hall- Trust8É The notsslorm partofthes• firnal *tttmgnts
OERBYSHIRE FEOERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 8TATUTORY INFORMATION D8y$lrg Fedgnbon ol Wl's CIO r4 • ¢h•rittle M)qratd or9anYsafjon. rggthr•d and Wales. Th• ttAnty's vogYater8d chawrty number and 4d(058 can te knund th tho rTrf8ro0 and admnBtrative dela1 tsf th8 Report of Trustees. ACCOUNTING POUCIES Bagls of prepaTlng the flnanclal statements The ffinancial ststerrnts of the chanty. vkni¢h is è banafit enlty urthr FRS 102. teen prèparnd i) attordanc wth th& Charities SORP IFRS 1021 Aci•uth9 ThJ RepothJ by Charitss". Ststsm8nt of R•¢ommended Practice apph"cble to eharits$ wpparTrJ thaw in actordance ith the Finanual R•p)r•NJ Standard applicable in th8 UK and Republic of Ireland {FRS 102) l&fkctiw 1 Janry 2019).. FirBnr4al R8pJrbng Standard 102 The Fwnckgl R•porting Standard 4)pknble in ts UK anrl of Ir8larrf and th8 Charithos Act 2011. financial siatsmants hove teen wep¥8d the Iwstorical i¥)st rnnvention. vth tr •x¢•ption of Inv88trnents which 4r• induded at rnarkot value. ¥$ modffjed by the r8vauabJn of cortain assots. The financial slat•rFk•nts have teen pwwred to gp4e a aTrJ farf yW •r h•v• 48rtad from thè Charib88 (A¢¢ounts and Reports) Regulalions 2008 lo the etsnt r8quired to prowde ¥ ts and tsir Thbs departur• has invofv•d followng ArUnting and Rportirtg by Chaiib&s.' Stsknmènt RecommÈnded Praclice applicabl• ¢hirib•s prgparing acxxunts in a(xx)rdarKfj wlh tha Fin•rtial Rep)rbng Standard fDr Smaller Enbts"oS published on 16 July 2014 rathar Ihan th• Acwuntin9 arxl Repoiting by Chofrti•$". Ststement of Rewnmended Pr8ce eff8cti¥E frum l Awl 3))S has b8en TmtyKlra. presenlation ¢urnncy ofth8 firrtl slalAm8nts r8 th• PoLw¥J (£1 8lgn11lcantdgMents and esllm•le$ Thè estumates and undertyiThJ ¥swmpth"ons are re?21 on Or01T9 b•"s. Reions to 8c¢ounil ostimatès ar8 rècogni5ed in the p8riod in the estimatè rnvts•d if remson only affectsthat P8rbgd. Or li th8 pernd ot t Vision and futrJr• P•f•)ds il tha rev0 affects ff•nI rnl thJr8 p8nods. The lollowng ju¢w¢nts and esimtès Pove t•n made in wctrss ofaFf4wng Iho ch8rrifs accouThtir¥J Folicies that ha¥ had the most Vd9nrfKxnt8ffBCton ¥nounts recognis8d in trE finar1 statgm¢nts." D¢prwat"on- Iho u8efiJ li18 of fixod r•8ets ba on a rncwi8ad •¢tiFj pjlicy. EGb"m8kn5 are cah>Jlat¢<l on li$th) ¢xperience oJrrent•xpeGta1iiTh ofusehA Fknanclal r•portng stanttard 102- reduced dlsdosure exemptlons Th• ¢hity has t2k6n advantsge of thg folloving dd0S8 •xoErybon in Wering Iheso finarKiil stst•m•rts. as F•miitted by FRS 102 Tho FinancTral Slandard FWiubl• in tho UK and RepUbL of IreTrand': tha of Saction 7 St•tsm8ntof Cash Fbm. In¢omo l incoTh is rerA)gnised in tho Statsment of Finanwl pth.tios orts thè rh•nty has •nti¥onnt fX th• fijnds, it 1$ obable that Iha incom• ill bo rec8i4d arwj the arThxnt bo rdiably. For donab.ons to be recogni80d ts dwrity 41 hab b•en ot th• 8jnts and WlU•rnent dats in &Th0. If lh$ arè COnd'0n$ atrdched kn the don¥ion and tris rewrEs a of perfomMn¢• before entilSem8ft1 ¢•n b• obtain8d Ih•n infy)rne 18 deferred until those ¢ondions qro ftAy met Of th• ttndits"on5 is wilhin th• control ofth• and it is Probat that thgy tyl fiAfil8d. No amount 18 iThSuded in Ihe frnancial statrnert5 forblnt•lAn0 in 1h the SORP IFRS 1021. For legaGiBs, ontil•m8nt is th• 8arti6r of thaiity being nobfd of an nndIn disknbul)n or lh* legacy being T]ved. Atth point irnome is gnity. Pag• 8
DERBYSHIRE FEDERATION OF wrs cio NOTES TO THE FINANCIAL STATEMENTS- contlnwd FOR THE YEAR ENDED 31 OCT08ER 2024 ACCOUNTING POU¢I&8-¢onUnu•d In¢om• Incomo lffjm tradirKJ acbvibos ud•S wKorne eamod Irom •wnts and trading to rdi&8 lund$ lor the tharity. Inrn 15 received in 8xdwrwJ• for So8 in order tr) r8is• fvnd5 arld 1$ recogni8ed •nfjlomnt has oecurrnd. Trade debt0 8nd 0th8r d¢blors •rn r•c•)giisod al setUgm8nt am1 le55 any Oxtyjnt Prepaymènts •r• Blued at the arnowrt Wepaid. Exp•ndlthr• Liabil88 ara ra0)g5d as expendIre as Soon a$ 1$ • 9•1 or ojnstructive 0alOn th• th#rity ID that exFendre, it i8 Prob• that * trarr of 8C4jnon ban8frts t1 be wuired in setdem8nt and tro •nThint of obligallon can be m8•9ur•d rnli•bly. Expendrfktr8 is acuvnted on an a07uaLs ba&s and has n da>ified under ho8dww$ that¥gw9ats am rDlatsd to tha catagory. IMr• Ci)Sts cnnot bo difa¢dy atib(tsd ts) p•rti¢ukr h8•dinos they have bn alrfatsd b) a¢mI on 8 0)nsIth th• us• of r•TrS. Cr•dlto Cr$dit8 r• r•w)is•d wh•rv tho dmiity has A prent (kngation rewlliTrJ from • p•st •vont that FKokot4y rosult in lh• transfer of fvnds to a third party the annt ¢kn to Its 0tr4gation ran be rn&awr8d or ¢8tynat¢d rolwbly. credh) aro recogn8d a¢th8 S•lO•nrt#mounL TaTrglble fixod as¥•ts D•pr•eiath"on Is prowded attho frJlowirwJ arwal ratss in ordarkn lts off ••¢h iiB •slir(rat&d usth lrfB. Fr8ehd¢J prowrty FNbJr¢8 •)d fi¢tryi$ stratytstI• o¥w 7 y•• Freehold land is depretiatsd. TarvJiblB fixod assets ar• 8tstsd at Q)$1 (or dwned costl or 1855 actumulated d8prKation and a(mU4#t8d impqirmBnt Iosso8. Co81 in•$<4>$ts (tr•cly attiblo b makn"rYJ #ss•t rAF•ble of operabng 88 int•nd•d. stocks Stock8 are valued •t the low of c05t net rnahsabltr ahr du8 Yn¥Mn¢• for obsol•l• #Thj 5h)w Trnvg items. T4ullon Tha th8nty 15 oxerWfrom tax on its ¢hwrtabb• ¥thibes. Fund a¢¢ountttsg The tharity rn8intwn$ tho IMI of rg8ers r•w•d to otfjthes. Th8 oftrust••s moThlDrn at regular mo8b'TrJ8. Unroslrict8d fvnd$ are dty)ab"on$ and other incomiThJ r6sowr$ r1VAbl• or gormtsd for obp¢ts of the charity houthMtrr $peafied pwp)80 and • available asg8n8r81 D•grt¥d fvnds Cornpre unTr8lrthd funds tPot ha tjeen sgt asKJg by Ihg InstDes paL>ar purFrfJ8é$ T aim and uso of ¢ath dOnatS fiJTrJ ts s8t out in th• notssto the firth1 8latemerrt5 Rostrictsd fvThJs are to used for speufic pwp080¥ •$ laha by thrnr. EyTrJbtur8 kn1¢h meets critsna 18 charged to th• fund. Th• aTh and use of rv5tr¢kn1 frJThJ sat in nol•$ ts th• finanL¥al slaternents. Inv•glm•nt assets and Income ThB thanty lYJkJ5 in4*slments a$ fix•d 4$8•ts. Pag• 9
DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS- corrtlnuèd FOR THE YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POUCIE8- ¢Onlknu•d Fund accounung rBceIvao ba$. In aLwrdanc8 vAth th• Siatsmont of Roc4JnYnaTrtsd P, tho FdeTrlion ¥$ ts iw•5tmanl8 attr values lino atthe dats of tho trAlanc• sheèt M¥rk8t io a8tat4thod lair v•h$. Reali8•d and unrnalised gain and losses are ¢Jbalt wrth gDr[al FIn¢11 InstMmnts Fi81 instrants ar• classifi6tl arKI 8Ctountsd br. t ts S61?0 of lh• rnntr8caual an#ngernert a$ elher firnChl •ss•ts, fanal Iwbilitss or An •wty instrumgnt is any contra that a rBsvJJal intsrnst in the as88ts oftho ¢•Xnn after dedty al olits Ikgblrfi&& DONATIONS AND L£GACIE8 3J23 Us• 01hr Sundry don81b) 1391 210 7.591 820 8.801 8.411 OTHER TRADI ACTIVITIES Alfiliation fe•s NFWI affiliation fo•5 W I Statnery, lrterattw• •ftd sundry morr*anthirKJ 49.752 52,177 4.167 46.001 54,959 6.316 107.296 107.276 INVESTMENT INCOME 2024 X123 CCLA fixed 8ss•t Invgthrt5 4.143 4.616 713 6.003 5,5 10
DER8YSHIRE FEDERATION OF wrs cio NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 OCTOBER 2024 QTHER INCOME 2024 Closed branch fifftds 531 RAISING FUNDS Ral$lng doTrallon$ and 1•ga¢ls 2024 St•ff ¢osts Insurance ountaiw stabonery etc fDr r08ale NFWI affilkgbDn fees Office 8Kper¢d Property eMP8nditsw Bad Debts 08prxialw)n fj? 520 580 3M69 52,677 1.259 1.124 4.782 547 6,681 54,959 1.337 253 253 0S.704 70,143 CHARITABLE ACTIVITIES COSTS SF Costs ls•• 110ts 9) nots 101 Totals 87.366 142,995 CMRECT ¢OST8 OF CHARITA8LE A¢TMnE8 2024 XJTJ Stsff costs Insur8nc• Accountsncy ComrYwti•• g•n•fal expenth Offi¢• éxpndityi Property expndiknro Dop¢¥•trtsn 21.770 1,041 1.120 5•.154 517 2,247 506 19.129 66.276 2.827 1,974 •7.JSS
DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS - coniinu•d FOR THE YEAR ENDED 31 OCTOBER 2024 SUPPORT COSTS J$ts 55.640 Suprx)rt coth irrkn¢d in tho at¢v•. ar• as Jllos <>>wrna ¢osts 2024 2023 27.212 &643 3.920 7.865 •.814 2A14 1.772 23.911 3.829 3.108 0.909 9.358 2.378 1.772 Insurnnc• AOnncY Prop•rty èxport(li Office e¥onditure Bank ¢h¥ry Depr¢uaOft of tangibl• fix•d ss• SS.$40 61.260 TRUSTEES. REMUNERATION AND BEIIEFITS Thern woro no trustees. Terr[ab)n or olhar beffits for y•af •nthd 31 Ct0r nor for tho y••r ended 31 Q¢lob•r 2023. Trn¥kns' •XP•n8•S Trust88s rec8lV8d r&nnbur88m8nts of tsir xpws In 3)24 6 rec1 a to1al of £381IWTJ.. 12 trusb¢• r8ceivad £839) 12. STAFF COSTS 20rJ W•ges •nd ul•ri•s 54,424 47. 47.822 Th• iv•rng• monthly numberof emph)0$ ¢knrg tr• y•¥•$ •s folo 2024 2023 Administrativo and carnlakor Stsff No •Moya88 receN8d em0ments In •wssof£WJ,(Kn. The lolal wstofwages salaries InckJ& •ftpbJy•¢s pMsxn ¢•sts of £1, (.. £12041 Key emplosT¢5 The 9¥¢ti d•)$ion tr¥9 Ldy is t4)ard of truskn. No rawwThralion ts lo trust¢é& The employed stsff are not Inv0h in senKY leaderthp aThJ thair is aith8r adminr*trotsvo or delN8nng and supportirvJ lh8 tr10¢$ Th•F• aTr no key enyloS as daSLbad inlhe Djrrent fe9islat0n. PagD12
DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS- conlinued FOR THE YEAR ENDED 31 OCTOBER 2024 13. COMPARAnVES FOR THE STATEMENT OF FINANCIAL ACTMnES Total fvnds INCOME AND ENDOWMEIITS FROM Lk)nats)ns gnd legarn5 8.411 8.411 ¢h4rllabl• acUvlll•s ActivrfAy$ 70.9J4 Other Irathng ac11v88 Inve$tmont Other incomo 107276 107,276 531 531 Total 1W2.651 192.651 EXPENfATUREON Raising fvnds 7Q.143 70.143 Charltabl• •¢Uvltb•* Activities 143.959 143, Totsl 214.102 214,102 Notga$s8$) on inwstrnonts {4.TrJi 14.723) NET INCOMwiexpENDITUREI Transfers betw fvnd• {28,1741 5.358 126.174) (5.358} N•t mov•m•ntln funds (X).8161 15.358) 126.1741 RECONCIUATION OF FUN08 Tutsi fijnds brought foThvard 446.129 15.L 481,195 TOTAL FUNOS CARRED FORWARO 425.313 9.70EI 435,021 Pogo13
DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINPthICIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2024 14. TANGIBLE FIXEO ASSETS FThbJres and Ttstsi¥ COST At 1 Novembgr rts arwj 31 O¢bb•r 224 2111100 3.772 21$.772 DEPREcIATN At 1 Vernber 2073 Charg8 for y•8r 10.IJOO 2.890 531 12,890 2,531 At 31 2024 12.lJOO 3.421 15,421 NET BOOK VALUE At31 October 2024 351 200.351 At 31 O¢tob•r 20fJ 202.0 I1.882 Indud•d in o)sl or ¥4lu•kn of laThl and is trhold laThJ of £120.(XI 120rJ - £1zJ,cl va not dgprgoal¥d. 15. XED A88ET INVESTMENTS Unl1•d I5•nts MARKET VALUE At 1 NDv8mber t)23 R6vdluath'on8 149,063 15.175 At31 Qctob¢r 2024 164,238 NET BOOKVALUE At31 OGtt)boi 2024 164.238 At31 Octob•r 20fJ 149.063 Thor• Yrn no ¥)wslm•rrt assets outshle th8 UK. Cost or valua1)n at 31 OCtor 2024 18 rew888ntod by: Unll$t•d Inv•5trn•nts Valual*)n 3)24 164238 Pap14
DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO THE FINANCIAL STATEMENTS . ¢ontinu•d FOR THE YEAR ENDED 31 OCT08ER 2024 16. STOCKS 21124 23 1A17 1.766 17. DEBTORS: AMOUNTS FALLIt4G DIIE I¥ITHIN ONE YEAR 21124 23 Trad• debtors ProY[#nd inttir 1.995 S,178 798 5.487 7.173 6,285 18. CREDITORS: AIJOUNTS FALLING DUE ONE YEAR Taxation •rKI 8•¢Ufity Other ¢rnditJ 1.J$2 31.059 781 36.327 0th8rcreditoT5 ie d8f¢Thgd 01£26,259 {J)23.. £31.546). 19. MoveMENT IN FUNOS Nèi TrRnsf&r8 At In11rJ At 31110r24 in fvnds fvnds UTrr•strf¢t•d frjnds Gene1 fiJTrJ 425J13 9.701 438A16 Rèstrlctèd lund¥ Clos•d Br¥n¢he8 9,700 P.7D8) TOTAL FUNDS 435.021 3.39 438.418 N•t mov•m•ftt in fuThJ5. iluded in th& abjvo arE ¥sfrJknA' Glins and Movornent in fvnds Unre•trl¢¢ed thd• G8n0T81 fvnd 198.920 15,174 3J95 TOTAL FUNDS 1K•20 08.6•91 15,174 3.395 15
DERBYSHIRE FEDERATION OF WI'S CIO NOTES TO ThE FINANCIAL STATEMENTS- conllnu•d FOR THE YEAR ENDED 31 OCTOBER 2024 11. MOVEMENT IN FUNDS- conllnu•d Comp•rallv•s ft+r M0ment In lunds TTrnsfe In At 31iior23 1111122 Unrestrlct•d fvnd• Generzl fvnd 4W129 .174) 425.313 R•strkted funds Closed Brah85 15.L 15.358) TOTAL FUNDS 461.195 1%.174) 435.021 Cary8r¥lwe n•t rrjvermnt in fun tho al arn as R•Sour$ Mtsvoment lusxls UnY•strl¢t•d funds GvnBwal fvnd 1921 121411r21 14.7rJi 126.1741 TOTAL FU1408 192,851 1214.1021 14.7231 126.1741 Acwont year 12 rrnnth48rxl yepr 12 Fwkon is sf41kJ'. Not Trnnthrs At ln ird2 At 31110f24 Unrnstrkled G¢nor¥l fvnd 446.129 122.7791 15,066 438,416 Restrfcted fvnds Closed 15. 115,IXfjI TOTAL FUNDS 461.15 122,7791 438.416 A current year 12 and wior Jwr 12 rr•ntr6 Cor•d [Mnent in fw¥Js, Illd in the atovè are • follows.. Irthm G••i$ and 105se5 m•nt in funds Unrstrl¢t•d funds G&noral fund 389.571 {4a8011 10.451 123.7791 TQYAL FUNIXry 389.571 I4.801) 10.451 {YL.7791 Pag• 16
DERBYSHIRE FEDERATION OF WI'S CIO
NOTES TO THE FINMCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 OCTOBER 2024
19.
MOVEMENT IN FUtrIDS- ¢onllnu•d
Reslrlcied fvnds
Resthcted fvnds hehj by th• F8dora1x nT)I u¥od forggw•l w1p0 •r• h'sknd b•low.
Cbsad Brdnches- hehl S)r thr80 years afr dovJJe in case th• IM rtr&)rms in IIAt f&m8. If a does not
re4Drrn. neY hold on thoirb•halw8nsf0rS to the Fodera1b)n gen8ral fjjnd.
IndLl8d in Ihe Nèt mov8mBnt of fvnds IDr Cknsed rs the rde850 of £9,rn to twKl8 hebj for
branchas cbx8d wior to 31 Ocbw 2ff20 in a
DERBYSHIRE FEDERATION OF WI'S CIO DETAILED STATEMENT OF FINAJJCIAL ACTMTIES FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 INCOME AND ENDOWMENrs Donallons and leq4d•$ U50 of hall Sundry thnations 7.591 210 .8ot 8.411 Othértr#dln9 xll¥lU•s Affiliabon f•gS NFWI affiliabon tves W l stationory, lrterthr• •rd •un¢¥ M•f¢handn9 49.752 s2.7 46.CX)1 54.959 4WJ7 8,318 f 07.2•6 107.276 Inv•$tftnt In¢ome CCLA fix•d *88•1 irwe8tm8nts D•posil acojwrt inl•r•st 4.816 713 1,180 8.003 5.529 Charltablt 4¢tlvltt•s Activilio$ 75.020 70.904 Other In¢om• Closed branth fvnds 531 Tot•1 In¢¢mln¥ rosoyr¢¢s 196.>20 191651 EXPENDITURE Ralsln9 donallons and leqacl Wages Inguranct Accountar ststonery etc for re5alg NFW afflHli)n fees Olkn exp8nditur8 Propèrty èyndityre Bod t>ebts D•pr¥¢i•tion of fixed as88ts S.442 $20 4,782 547 444 6.681 54.959 1.337 3.889 52.677 1359 1.124 153 253 253 15.704 70.143 CharltslAe •¢llvS11•$ Wag8s Carriod fOd 21.7TQ 21.710 19.129 19.129 Thss page ¢Jo•$ notlorm pgrtoltr slabJtrAy f401 51aknmw Pag• 18
DERBYSHIRE FEDERATION OF wrs CK) OETAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 OCTOBER 2024 2023 Charltable aGllwltkes 8rougMforn)Nl Insura• Attountancy ¢ommrttO g•n•rl •xp•ndthff• offi •xp•n¢knr• Propety BXponthr• Deprgtiotion of t•ryibl• fix•d ass•ts 21.TlO 1.041 1.120 $8.154 2.517 2.247 19.129 66,276 Z827 1.974 87A66 Supportcosts Gov•mn¢• Wagès Insurar Accountancy Prop•ty oxpgnthbJr• OlfL• exponthture Bank charges DeprociaiKsn oftsngbt4? ed as* 27.212 3.843 3,920 7.868 8.114 2,414 1,772 23.911 3.108 2.378 1.772 51.285 Totsl r980urcg8 gxpgndwl 208,899 214.1tr2 N•t •xp•rrflltsr• 111.7791 (21.4511 This p8g8 ftsm) partofthe 5tatstsy finèncial slèlamonts pa 19