2020-12-31-accounts - The Wollstonecraft Society

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REGISTERED CHARITY NUMBER: 1181867

`REPORT OF THE TRUSTEES AND`

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

`FOR`

`THE WOLLSTONECRAFT SOCIETY`

Breeze & Associates Ltd.
Chartered Accountants
5 Cornfield Terrace
Eastbourne
East Sussex
BN21 4NN

THE WOLLSTONECRAFT SOCIETY

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 8
Detailed Statement of Financial Activities 9
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THE WOLLSTONECRAFT SOCIETY

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December 2020.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

ThepurposeofthecharityistocarryMaryWollstonecraft'slegacyofhumanrights,equalityandjusticeinto young
people's lives. This is to be achieved by supporting the advancement of:

- Education

Citizenship
Community development
Arts, culture and heritage in places associated with Mary Wollstonecraft
Religious and racial harmony
Equality and diversity

`Significant activities`

ActivityinoursecondyearwasmuchrestrictedbytheCovid19pandemicasourplanshadbeenfocusedon the
involvementof schools and communitytheatre.We rebuiltour website to make it more easily accessibleand started a
reviewofourpolicies.We alsostartedtobuildanongoingrelationshipwiththeNewingtonGreenmeetinghouse to
developandpromoteeducationalresourcesinspiredbyMaryWollstonecraftandagreedtosponsorachildren's art
prize on the topic of Mary Wollstonecraft's ideas. This collaboration continues into 2021.

`ACHIEVEMENT AND PERFORMANCE`

`Fundraising activities`

Ourkeyachievementin2020wastheconsolidationofthecharityandclarificationofourpurposefollowing the
successfulfundraisingin2019.Wecreatedasimple,informativewebsitereadytobeusedforsharing educational
resources being developed to promote Mary's legacy.

`FINANCIAL REVIEW`

`Financial position`

We have ended 2020 with reserves of £23,000.These are held for the productionof educationalresourcesaround the
workandprinciplesofMaryWollstonecraft.We alsohopetheywillbeusedforsupportingfurtherinvolvement with
schoolsandcommunitytheatreworkasweareableto.Asasmall,volunteerleadcharitywehavefewoutgoings so
our existence remains unthreatened by Covid 19.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

TheWollstonecraftSocietyisaCharitableIncorporatedOrganisationrunbyvolunteers.WehavethreeTrustees and
are supported by additional volunteers with the skills we require to meet our objects.

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Registered Charity number`

`Principal address`

49 Croftdown Road
London
NW5 1EL

Page 1

THE WOLLSTONECRAFT SOCIETY

`REPORT OF THE TRUSTEES`

`FOR THE YEAR ENDED 31 DECEMBER 2020`

`Trustees`

D Robinson
Ms C Utley
Ms B Rowlatt

`Independent Examiner`

Breeze & Associates Ltd.
Chartered Accountants
5 Cornfield Terrace
Eastbourne
East Sussex
BN21 4NN

`STATEMENT OF TRUSTEES' RESPONSIBILITIES`

The trusteesare responsiblefor preparingthe Reportof the Trusteesand the financialstatementsin accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

ThelawapplicabletocharitiesinEnglandandWales,theCharitiesAct2011,Charity(Accountsand Reports)
Regulations2008andtheprovisionsofthetrustdeedrequiresthetrusteestopreparefinancialstatementsfor each
financialyearwhichgiveatrueandfairviewofthestateofaffairsofthecharityandoftheincomingresources and
applicationofresources,includingtheincomeandexpenditure,ofthecharityforthatperiod.Inpreparing those
financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any
time the financialpositionof the charityandto enablethem to ensurethatthe financialstatementscomplywith the
CharitiesAct 2011, the Charity(Accountsand Reports)Regulations2008 and the provisionsof the trust deed. They are
alsoresponsibleforsafeguardingtheassetsofthecharityandhencefortakingreasonablestepsforthe prevention
and detection of fraud and other irregularities.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................
Ms C Utley - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE WOLLSTONECRAFT SOCIETY

`Independent examiner's report to the trustees of The Wollstonecraft Society`

IreporttothecharitytrusteesonmyexaminationoftheaccountsofTheWollstonecraftSociety(theTrust)for the
year ended 31 December 2020.

`Responsibilities and basis of report`

AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').

I reportinrespectof my examinationof theTrust'saccountscarriedoutundersection145of theActandin carrying
out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionundersection 145(5)(b)
of the Act.

`Independent examiner's statement`

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.

Alan Breeze
FCA
Breeze & Associates Ltd.
Chartered Accountants
5 Cornfield Terrace
Eastbourne
East Sussex
BN21 4NN

Date: .............................................

Page 3

THE WOLLSTONECRAFT SOCIETY

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020`

			`Period`
			`4.2.19`
		`Year Ended`	`to`
		`31.12.20`	`31.12.19`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`		`1,497`	`3,888`
`Charitable activities`
`An Amazon Stept out`		`-`	`24,012`
`Investment income`	`2`	`16`	`6`
`Total`		`1,513`	`27,906`
`EXPENDITURE ON`
`Charitable activities`
`An Amazon Stept out`		`-`	`4,291`
`Other`		`555`	`995`
`Total`		`555`	`5,286`
`NET INCOME`		`958`	`22,620`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`		`22,620`	`-`
`TOTAL FUNDS CARRIED FORWARD`		`23,578`	`22,620`

The notes form part of these financial statements

Page 4

THE WOLLSTONECRAFT SOCIETY

`BALANCE SHEET`

`31 DECEMBER 2020`

`2020` `Unrestricted` `fund` `Notes` `£` `CURRENT ASSETS` `Debtors` `4` `188` `Cash at bank` `23,751` `23,939` `CREDITORS` `Amounts falling due within one year` `5` `(361)` `NET CURRENT ASSETS` `23,578` `TOTAL ASSETS LESS CURRENT LIABILITIES` `23,578` `NET ASSETS` `23,578` `FUNDS` `6` `Unrestricted funds` `23,578` `TOTAL FUNDS` `23,578`	`2019` `Total` `funds` `£` `438` `23,005` `23,443` `(823)` `22,620` `22,620` `22,620` `22,620` `22,620`

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:

.............................................
C Utley - Trustee

The notes form part of these financial statements

Page 5

THE WOLLSTONECRAFT SOCIETY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

`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
Charities Act 2011. The financial statements have been prepared under the historical cost convention.

`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.

`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.

`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.

`2. INVESTMENT INCOME`

`INVESTMENT INCOME`
		`Period`
		`4.2.19`
	`Year Ended`	`to`
	`31.12.20`	`31.12.19`
	`£`	`£`
`Deposit account interest`	`15`	`6`
`Gift aid interest`	`1`	`-`
	`16`	`6`

continued...

Page 6

THE WOLLSTONECRAFT SOCIETY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2020

`3. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2020norfor the
period ended 31 December 2019.

`Trustees' expenses`

During the year, no Trustees were reimbursed expenses (2019 - one trustee).

`4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`

`4.`	`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
			`2020`	`2019`
			`£`	`£`
	`Other debtors`		`188`	`438`
`5.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
			`2020`	`2019`
			`£`	`£`
	`Other creditors`		`361`	`823`
`6.`	`MOVEMENT IN FUNDS`
			`Net`
			`movement`	`At`
		`At 1.1.20`	`in funds`	`31.12.20`
		`£`	`£`	`£`
	`Unrestricted funds`
	`General fund`	`22,620`	`958`	`23,578`
	`TOTAL FUNDS`	`22,620`	`958`	`23,578`
	`Net movement in funds, included in the above are as follows:`
		`Incoming`	`Resources`	`Movement`
		`resources`	`expended`	`in funds`
		`£`	`£`	`£`
	`Unrestricted funds`
	`General fund`	`1,513`	`(555)`	`958`
	`TOTAL FUNDS`	`1,513`	`(555)`	`958`

continued...

Page 7

THE WOLLSTONECRAFT SOCIETY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2020

`6. MOVEMENT IN FUNDS - continued`

`Comparatives for movement in funds`

	`Net`
	`movement`	`At`
	`in funds`	`31.12.19`
	`£`	`£`
`Unrestricted funds`
`General fund`	`22,620`	`22,620`
`TOTAL FUNDS`	`22,620`	`22,620`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`27,906`	`(5,286)`	`22,620`
`TOTAL FUNDS`	`27,906`	`(5,286)`	`22,620`

`7. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 December 2020.

Page 8

THE WOLLSTONECRAFT SOCIETY

`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020`

			`Period`
			`4.2.19`
	`Year Ended`		`to`
	`31.12.20`		`31.12.19`
	`£`		`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Donations`	`1,309`		`3,450`
`Gift aid`	`188`		`438`
	`1,497`		`3,888`
`Investment income`
`Deposit account interest`		`15`	`6`
`Gift aid interest`		`1`	`-`
		`16`	`6`
`Charitable activities`
`Fundraising`		`-`	`24,012`
`Total incoming resources`	`1,513`		`27,906`
`EXPENDITURE`
`Charitable activities`
`Fund raising expenses`		`-`	`4,291`
`Support costs`
`Management`
`Accountancy`	`360`		`822`
`Finance`
`Bank charges`		`60`	`40`
`Governance costs`
`Computer running costs`	`135`		`133`
`Total resources expended`	`555`		`5,286`
`Net income`	`958`		`22,620`

This page does not form part of the statutory financial statements

Page 9