2021-10-31-accounts - The Devon Federation Of Women's Institutes

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Reference and Administrative Details
Trustees' Report	2 to 6
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	9to10
Notes to the Financial Statements	11to 24

				Gains and	Losses)
				Unrestricted	Restricted	Endowment	Total
				funds	funds	funds	2021
			Note
Income and Endowments			from:
Donations and legacies			3		19,315		19,315
Charitable activities			4	48,647			48,647
Other trading activities				29,268			29,268
Investment income			6	6,059			6,059
Other income			7	5,866			5,866
Total income				89,840	19,315		109,155
Expenditure on:
Raising funds			8	(102,123)		(1,729)	(103,852)
Charitable activities			9	(5,630)			(5,630)
Other expenditure			10	12,071
Total expenditure				(119,824)		(1,729)	(121,553)
Gains/losses on
investment assets				22,561		21,246	43,807
Net (expenditure)/income				(7,423)	19,315	19,517	31,409
Transfers between	funds			2,593	1,169	1,424
Net movement in funds				(4,830)	18,146	18,093	31,409
Reconciliation offunds
Total funds transferred		to
entity				537,027	11,377	104,039	652,443
Total funds carried
forward			21	532,197	29,523	122,132	683,852

		Balance Sheet asat31October	2021
				2021
			Note	f.
Fixed assets
Tangible assets			15	386,139
Investments			16	244,180
				630,319
Current assets
Stocks			17	4,732
Debtors			18	1,307
Cash at bank	and in hand		19	54,747
				60,786
Creditors: Amounts		falling due within one year	20	7,253
Net current	assets			53,533
Net assets				683,852
Funds ofthe	Charity:
Endowment	funds			122,132
Restricted income funds
Restricted funds				29,523
Unrestricted	income	funds
Unrestricted	funds			532,197
Total funds			21	683,852

3 Income	from donations	and legacies
			Restricted	Total
			funds	funds
Donations and legacies;
Donations	from suspended	Wls	19,315	19,315
Total for period ended 31		October 2021	19,315	19,315
4 Income	from charitable	activities
			Unrestricted
			funds	Total
			General	funds
Membership income			48,627	48,627
Training			10	10
Training	by advisers		10	10
Total for period ended 31		October 2021	48,647	48,647

5 Income from other trading activities
	Unrestricted
	funds	Total
	General	funds
Trading income;
Sales - Calendars	915	915
Sales - Stationery	463	463
Sales - 2020 mugs	1,060	1,060
Other trading income	1,804	1,804
Events income;
Other events income	25,026	25,026
Total for period ended 31October 2021	29,268	29,268

		Unrestricted
		funds	Total
		General	funds
Other	income from fixed asset investments	6,059	6,059
Total	for period ended 31October 2021	6,059	6,059

7 Other income
	Unrestricted
	funds	Total
	General	funds
NFWI raffle income	845		845
300+club	515		515
Postage recovery	411		411
Insurance recovery	1,381	1,381
Other income	2,045	2,045
Pooling offares	544		544
Delegates accommodation	125		125
Total for period ended 31October 2021	5,866	5,866

a) Costs oftrading activities
		Unrestricted	Endowment
		funds	funds	Total
		General	Permanent	funds
	Note
Costs ofgoods sold		6,106		6,106
Events and conferences		22,818		22,818
Allocated support costs			1,729	1,729
Total for period ended 31October
2021		28,924	1,729	30,653

b) Other costs
		Unrestricted
		funds	Total
		General	funds
	Note	E
Legal fees		5,582	5,582
Wages and salaries		42,266	42,266
Staffpensions (Defined contribution)		4,424	4,424
Water rates		215	215
Light, heat and power		1,446	1,446
Insurance		3,679	3,679
Repairs and maintenance		1,601	1,601
Telephone and fax		1,874	1,874
Printing, postage and stationery		6,281	6,281
Trade subscriptions		217	217
Hire ofother assets (Operating leases)		1,993	1,993
Sundryexpenses		1,385	1,385
Office general		473	473
Office running costs		1,763	1,763
Total for period ended 31October 2021		73,199	73,199

9 Expenditure on charitable activities
		Unrestricted
		funds	Total
		General	funds
	Note
Devon Wl News		1,506	1,506
Workshop costs		2,236	2,236
Subcomittee travelling		532		532
Federation travel		85		85
Advisers travel		376		376
Subcommittee general		83		83
Governance costs		812		812
Total for period ended 31October 2021		5,630	5,630

				Unrestricted
				funds	Total
				General	funds
			Note	E
Depreciation,	amortisation	and other similar costs		12,071	12,071
Total for period ended 31October 2021				12,071	12,071

Governance costs
				Unrestricted
				funds	Total
				General	funds
Board travel				262	262
Training ofvolunteers				550	550
Total for period ended 31		October 2021		812	812
12Net incoming/outgoing		resources
Net incoming/outgoing	resources for the period include:
					2021
Loss on disposal offixed assets held for the Charity's			own use		85
Depreciation offixed assets					11,986

15Tangible fixed assets
		Furniture
	Land and	and
	buildings	equipment	Total
Cost
At transfer to entity	448,560	36,418	484,978
Disposals
At 31October 2021	448,560	16,317	464,877
Depreciation
At transfer to entity	53,796	32,972	86,768
Charge for the year	8,971	3,015	11,986
Eliminated on disposals
At 31October 2021	62,767	15,971	78,738
Net book value
At 31October 2021	385,793	346	386,139

Other investments
	Listed
	investments	Total
Cost or Valuation
At transfer to entity	199,872	199,872
Revaluation	43,807	43,807
Additions	122,501	122,501
Disposals
At 31October 2021	244,180	244,180
Net book value
At 31October 2021	244,180	244,180

19Cash an	d cash equivalents
		2021
		f.
Cash on hand		51
Cash at bank		50,143
Short-term	deposits	4,553
		54,747

20Creditors: amounts	falling due within one year
		2021
Other creditors		1
Accruals		7,252
		7,253

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22Analysis ofnet assets b	etween funds
				Total funds
	Unrestricted		Endowment	at31
	funds	Restricted	funds	October
	General	funds	Permanent	2021
Tangible fixed assets	386,139			386,139
Fixed asset investments	126,485		117,695	244,180
Current assets	26,827	29,523	4,436	60,786
Current liabilities	7,253			7,253
Total net assets	532,198	29,523	122,131	683,852

		Unrestricted Funds
			Total
			Unrestricted
			Funds
			2021
			E
Income and Endowments		from:
Charitable activities			48,647
Other trading activities			29,268
Investment income			6,059
Other income			5,866
Total income			89,840
Expenditure on:
Raising funds			(102,123)
Charitable activities Other expenditure			(5,630j ~12,071
Total expenditure			119,824
Net expenditure			(29,984)
Transfers between	funds		2,593
Other recognised Other gains/losses	gains and losses		22,561
Net movement in funds			(4,830j
Reconciliation of	funds
Funds transferred	to entity		537,027
Total funds carried	forward		532,197

Statement	ofF	inancial	Activiti	es by fund forthe Period from to31October 2021	22 September 2020
				Restricted Funds
					Total
					Restricted
					Funds
					2021
Income and Endowments			from:
Donations and	legacies				19,315
Total income					19,315
Expenditure	on:
Net income Transfers between		funds			19,315 ~1,169
Net movement	in funds				18,146
Reconciliation offunds
Funds transferred		to entity			11,377
Total funds carried forward					29,523

		Endowment Funds
			Total
			Endowment
			Funds
			2021
			E
Income and Endowments		from:
Expenditure on:
Raising funds			1,729
Total expenditure			1,729
Net expenditure			(1,729j
Transfers between	funds		(1,424)
Other recognised	gains and losses
Other gains/losses			21,246
Net movement in funds			1S,093
Reconciliation offunds
Funds transferred	to entity		104,039
Total funds carried forward			122,132

Detailed Statement ofFinanc	ial Activities for the Perio to31October 2021	d from 22 September 2020
		Total
		2021
Income and Endowments from:
Donations and legacies (analysed	below)	19,315
Charitable activities (analysed below)		48,647
Other trading activities (analysed	below)	29,268
Investment income (analysed below)		6,059
Other income (analysed below)		5,866
Total income		109,155
Expenditure on:
Raising funds (analysed below)		(103,852)
Charitable activities (analysed below)		(5,630)
Other expenditure (analysed below)		12,071
Total expenditure		121,553
Net expenditure		(12,398)
Other recognised gains and losses
Other gains/losses (analysed below)		43,807
Net movement in funds		31,409
Reconciliation offunds
Total funds brought forward		652,443
Total funds carried forward		683,852

to31October 202	1
	Total
	2021
Donations and legacies
Other income	1,694
Suspended Wls	17,621
	19,315
Charitable activities
Membership income	48,627
Training	10
Training by advisers	10
	48,647
Other trading activities
Event income	25,026
Sales - Speaker book	35
Sales - Devon WI News	1,769
Sales - Calendars	915
Sales —Stationery	463
Sales —2020 mugs	1,060
	29,268
Investment income
Income from listed investments	6,059
	6,059
Other income
NFWI raffle income	845
300+club	515
Postage recovery	411
Insurance recovery	1,381
Other income	2,045
Pooling offares	544
Delegates accommodation	125
	5,866

Detailed Statement	ofFinancial Activities for the Peri to31October 2021	od from 22 September 2020
		Total
		2021
Raising funds
Calendar printing		1,829
Stationery for resale		1,664
2020 celebration mugs		2,613
Event costs		20,431
2020 celebration venue	hire	2,375
Wages and salaries		42,266
Staffpensions (Defined	contribution)	4,424
2020 Celebration travel		12
Water rates		215
Light, heat and power		1,446
Insurance		3,679
Repairs and maintenance		1,601
Telephone and fax		1,874
Printing, postage and stationery		6,281
Trade subscriptions		217
Hire ofother assets (Operating leases)		1,993
Sundry expenses		1,385
Office general		473
Office running costs		1,763
Legal and professional	fees	1,729
Legal and professional	fees	5,582
		103,852
Charitable activities
Devon Wl News		1,506
Workshop costs		2,236
Subcomittee travelling		532
Federation travel		85
Advisers travel		376
Subcommittee general		83
Board travel		262
Training ofvolunteers		550
		5,630

Detailed S	tatement ofFinancial Activities for the Pe to31October 2021	riod from 22 S	eptember 2020
			Total
			2021
Other expenditure
Depreciation	offixtures and fittings		11,986
Profit/(loss)	on sale oftangible fixed assets held for charity's	own use	85
			12,071