2024-09-30-accounts - The Isle Of Ely Federation Of Women's Institutes CIO

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THE ISLE OF ELY FEDERATION OF WOMEN’ S INSTITUTES CIO TRUSTEE’S REPORT 30[TH] SEPTEMBER 2024

Trustees

Miss Val Ware Joint Chairman Mrs Ann Purt Joint Chairman Mrs Judith Cornwell Treasurer Mrs Marion Hodges Vice Chairman Mrs Veronica Marsden Vice Chairman

Mrs Chrissie Jennings Mrs Liz Jordan Mrs Anna Wilson

co-opted April 2024

co-opted June 2024

Mrs Beryl Brooks – resigned March 2024

Secretary

Mrs Judith Cornwell

Charity Registration Number

1195426

Office Address

W.I. Office, L12 South Fens Business Centre, Fenton Way, Chatteris PE16 6TT

Auditors

Hills Accountants 14, St. Mary Street, Whittlesey, Peterborough, PE7 1BG

Bankers

Lloyds, March

INTRODUCTION

The Trustees are pleased to present their report and audited accounts for the year ended 30[th] September 2024

The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP) 2005.

They deal with the transactions, assets and liabilities of the Isle of Ely Federation of Women’s Institutes.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Isle of Ely Federation represents the WI movement in the East Cambs and Fenland districts of Cambridgeshire. The Federation consists of 23 WIs representing a membership of 595 women. The Federation became a CIO (Charitable Incorporated Organisation) during 2021.

The role of the Board of Trustees is to co-ordinate and focus the activities of the Federation in order to further the purposes of the Women’s Institute movement in the Isle of Ely. Each WI is represented at the Annual Meeting, which provides an additional channel of communication.

The Federation is affiliated to the National Federation of Women’s Institutes and is governed by the WI constitution, copies of which can be obtained from the Federation Office or downloaded from the MyWI website.

Procedures for recruitment and appointment of trustees

The Board of Trustees consists of up to 15 members in total. Up to 12 members are elected biennially by the WIs and up to 3 members may be co-opted by the elected Trustees.

Any member who has at least 1 year’s membership is eligible to stand for election or co-option as a Trustee.

The Chairman, Treasurer and other Officers are elected annually by the Trustees from among their own number.

Policies and procedures for the training and induction of trustees

Following election, members of the Board receive training from NFWI.

Organisational structure of the Charity and how decisions are made

The Board meets 11 times a year. The Officers meet at least 4 times a year. The Treasurer is advised by an independent accountant. Much of the work of the Board is delegated to additional working committees with members of the Board of Trustees and members co-opted from WIs within the Federation. The committees include Membership and Leisure and Creative Skills.

The Board determines policy and strategy based on advice from its members and various working committees.

Day to day management is delegated to the Secretary who is accountable to the Board.

The following matters require Board approval:

The annual budget
Reserves policy
Capital expenditure
Investment policy on the recommendation of professional advisers
The risk register
The annual Financial Statements

Risk Management Policy

The Board regularly reviews the major risks facing the charity and ensures appropriate action is taken to mitigate the impact of risks where possible; a risk register is maintained and updated at least annually.

The principal risks that face the Federation include financial risks.

Financial risks are controlled through sound governance and robust financial control. Risks of a decline in membership and receipts from events are managed through proactive promotion and recruitment.

Objects

The objects of the Federation are to further the purposes of the Women’s Institute movement: To enable women who are interested in issues associated with rural life, including arts, crafts and sciences, to take an effective part in the improvement and development of the conditions of rural life: to advance their education in citizenship, in public questions both national and international, in music, drama, and other cultural subjects and to secure instruction and training for them in all branches of agriculture, handicrafts, home economics, health and social welfare. It gives to women the opportunity of working together through the Women’s Institute organisation and of putting into practice those ideals for which it stands.

Activities

The Federation supports, assists and advises WIs to provide an effective programme for the delivery of the objects. It promotes women’s concerns and interests by providing a forum within which members’ views shape policy and strategy and it represents member’s views to the National Federation and local and national government. The Federation provides information, training and education services to members.

Strategies

The key elements of the Federation’s medium to long-term strategy are to:

Offer a wide range of learning opportunities in a variety of settings, making available training in the widest sense, encouraging personal development, promoting lifelong learning and ensuring traditional skills are preserved.
Encourage WI members to adopt healthier, more sustainable lifestyles by supporting activities in the areas of sport and leisure, the sciences and combined arts.
Increase the WIs influence on legislators, opinion formers and the public at large with regard to politically and socially important local, national and international issues and to maintain the WIs position as a respected voice of reason, integrity and intelligence.

4. Principal Objectives for the year ended 30[th] September 2024

The Federation’s principal objectives were:

To continue to retain and gain members and promote a positive modern image. To continue to offer a wide range of learning opportunities in a variety of settings, making them available in the widest sense, encouraging personal development, promote lifelong learning and traditional skills
To continue to encourage members to adopt healthier and more sustainable lifestyles
To continue to increase the influence of the WI on legislators, opinion formers and the public at large with regard to politically and socially important local, national and international issues of social and political importance and to maintain the voice of the WI as a respected voice of reason integrity and intelligence.
To continue to improve communication with members

Achievements and Performance

Gaining and retaining members and promoting a positive image of the WI
Total membership in the year was 595 Some WIs have seen a small decrease in numbers due to members lost through advancing age and illness. Others have seen a small increase in numbers.
The Federation makes a continuous effort to seek publicity for events and to promote the WI whenever the opportunity arises.

Education, training and learning

The Joint Chairs and Treasurer attended the NF National Council, as well as several other ad hoc zoom sessions organised by NF.
The choir continued to meet twice monthly and sang at our Carol Concert.
The Membership Committee organised afternoon tea / evening refreshments for meetings with new committee members when they could talk to and ask questions of Board members. The Committee also organised a resolution selection meeting and a Resolution meeting to give further information on the resolution selected for discussion at the NF Annual Meeting.
The Leisure and Creative Skills Committee organised Spring and Autumn Ten Pin Bowling, Spring and Autumn Whist Lunches, a coach trip to the Creative Craft Show at the NEC Birmingham, Carol Concert with the Federation Choir, the Annual Quiz and a cards morning to improve members’ knowledge of Whist, Cribbage and Canasta. A Spring Show was held in May, followed by Petanque in June, Outdoor bowls in the summer and a woodland walk in a local wood run by the Woodland Trust.
WI delegates, federation reps and observers attended the NFWI Annual Meeting in London in June 2024. Other members were able to access the meeting on line from their own homes.
Two Advisers were appointed during the year, one on transfer from another Federation and one joint Chair completed her training.

Campaigning

The Board continues to monitor ongoing NF campaigns.

Communication with members

The Federation Newsletter is issued on ten occasions each year. Because it is produced in- house, topical items can be included easily. It is now also emailed to WIs for onward transmission to their members.

Board members are encouraged to attend Federation events and visit local WIs. They also accepted invitations to attend Annual Meetings of other Federations.

FINANCIAL REVIEW

General Fund

This fund is unrestricted and is used for all charitable purposes without restriction in accordance with the governing documents.

Funds in Deficit

There are no funds in deficit.

Investment Policy

The Federation’s investments are managed by the Board of Trustees, who takes expert advice ensuring that investments are ethical. Monthly reports are received at Board meetings.

Reserves Policy

The Federation requires reserves to allow it to continue to work to promote the interests of women in accordance with WI objectives. The reserves policy is reviewed annually by the Board.

The Trustees policy is to hold sufficient free reserves:

To meet its working capital requirements, particularly given that the majority of membership subscription income is received in April/May each year and Type to enter text 2. To mitigate the impact of risks; the amount required being based on the risk assessment and calculated in relation to cover each risk and the likelihood of that risk occurring. On that basis the total free reserves requirement is estimated to be equivalent to 4 months. At September 2024 the actual free reserves were £60,660.81

FUTURE PLANS

The Federation’s medium to long-term plan is kept under review and adjusted to meet changing needs and the extent to which needs have been met in previous periods.

The principle objectives for the coming year are:

To continue to work with WIs to retain and recruit members and to promote a positive image
To continue to offer a wide range of learning opportunities, encouraging personal development, promoting lifelong learning and ensuring traditional skills are promoted by identifying needs and responding to requests for training
To continue to promote healthier, sustainable lifestyles through the work of the Leisure and Creative Skills committee
To continue to encourage WIs to support and take action on national and local initiatives related to WI mandates
To encourage members to embrace modern technology and make use of the resources on MyWI, as well as the excellent courses available on the WI Learning Hub.
To encourage members to access and be involved in Social Media
To encourage more members to take on responsibility as both committee members and officers in our WIs.

Statement of Trustees’ Responsibilities

The Trustees of the Isle of Ely Federation of Women’s Institutes CIO are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.

Trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Federation and of the incoming resources and the application of those resources including income and expenditure.

The Trustees are required to:

Select suitable accounting policies and apply them consistently
Observe methods and principles in the Charities SORP
Make judgements and estimates that are reasonable and prudent
Prepare financial statements

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time, the financial position of the Federation and to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Federation and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as we are aware there is no relevant information of which the auditor is unaware and the Trustees have taken all steps that they ought to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

Auditors

Hills, Accountants of Whittlesey, have been the auditors during the year and have expressed a willingness to be re-appointed at the Annual Meeting.

By order of the Board

Val Ware and Ann Purt Joint Chairmen of the Trustees

September 2024

The Isle of Ety Federailon of Women's Instttutes ao Chartty No. 1195426 Company No. CEOZ6347 TNstees' Report and Unaudlted Accounts . 30 September 2024

The Isle of Ely Feder4tlon of Women's Instltutes CIO Contents Pages 2to3 Trustees, Annual Report Independent ExamSnees Report Statement of Flnandal Artivlties Summary Income and Expendlture Account Balance Sheet Notes to the Accounts 8t013 Detailed statement of Flnanclal Actlvitles 14to15 Page I

The Isle of Ely Federation of Women's Instltutes CIO Trustee5 Annual Report The trustees. who are 3150 dlrectors of the charlty for the purp05e5 of the Companles Art 2006, present thelr report wlth the unaudited finandal statements of the ch3rlty for the year ended 30 September 2024. REFERENCE AND ADMINISTRATIVE DETAIIS Company No. CE026347 Charity No. 1195426 Reglstered Office Offlce Sulte L12 South Fens Buslness Centre Fenton Way Chatteris PE16 ffrr Dlrectors and Trustees The Dlrectors of the charitable company are Its Trustees for the purposes of charlty law. The followlng Dlrectors and Trustees served durlng the year: B.M. Brooks J.E. Cornwell M. Hodges C Jennlngs E.A. Jordan V. Marsden A.R. Purt S. Shortiand V.E. Ware A. Wllson (Reslgned l March 20241 (Reslgned l April 20241 Accountants Hills Accountants 14 5t Marys Street Whittlesey Peterborough PE7 IBG OBJEcnvES AND AcrNmES Page 2

The151e of Ely Federation of Women's Institutes CIO Trustees Annual Report The objects of the Federation are to further the purposes of the Women's Instltute movement: To enable women who are Interested in i55ues assoclated with rural life, includlng arts, crafts and sclences, to take an effectlve part In the improvement and development of the conditions of rural life: to advance their edu¢atlon In cltlzenshlp. In publ1¢ questlons both natlonal and Internatlonal. In muslc. drama, and other cultural subjects and to secure Instructlon and tralnlng for them In all brandles of agrlculture, handlcrafts. home economlcs, health and 50cial welfare. It gives to women the opportunlty of worklng together through the Women's Institute organisation and of putting into practice those Ideals forwhich it Stands, The Federation supports, asslsts and advises Wls to provlde an effectlve programme for the de15very of the objects, It promotes women's concerns and interests by provldlng a forum wlthln whlch memberg vlew5 Shape policy and strategy and it represents memberfs vlews to the National Federatlon and local and notlonal government. The Federatlon provide5 informatlon. tralnlng and education servlces to member5. ACHIEVEMENTS AND PERFORMANCE Galnlng and retslnlng member5 and promotlng a posltlve Image of the Wl, Total membership in the year was 6321down from 6561 spread across 25 Women's Instltutes. At September 2024 the cash reserves were £73.62812023 £71,045}. PLANS FOR FtTfuRE PERIODS The Federatlon's medlum to long-term plan Is kept under review and adjusted to meet changlng needs and the extent to whlch needs have been met in previous perlods. The principle objectives for the comlng year are: The Trustees are responslble for keeping proper accountlng records that disclose wlth reasonable accuracy at any tlme the financlal posltlon of the charlty and to enable them to ensure that the flnandal Statements comply wlth the Companles Act 2006. The Trustees are also responsible for safeguarding the assets of the charlty and hence taking reasonable step5 for the preventlon and detectlon of fraud and other Irregularltles. The above report has been prepared In accordance with the provlslons appllcable to companies subject to the small companles regime a5 set out in Part 15 of the Companies Act 2006 and in accordance wlth the Charltles SORP IFRS 102). Slgned on behalf of the board J.E. Comwell Trustee 19 February 2025 Page 3

The Isle of Ely Federatlon of Women's I1tUt CIO Independent Examiners Report Independent Examlner's Report to the trustees of The Isle of Ely Federatlon of Women's Instttutes ao I report to the tharity trustees on my eramination of the finandal rtatements of The Isle of Ely Federatlon of Women'5 Institutes ao for the year ended 30 September 2024. Responsibilities and basls of report As the charitvs trustees of the company (and at50 its directors forthe purposes of company lawl you are responslble for the preparation of the flnandal statements in accordance with the requlrements of the Companles Act 2LYJ6 (e 2006 ACL Havlng satisfied myselfthat the finandal ststements of the Chaiyty are not requlred to be audited under Part 16 of the 2006 Act and are ellglble for independent examinatlon. I report In respect of my examlnatlon of your charity's financlal statements as carried out under section 145 of the Charities Act 2011 {'the 2011 Art'l. In carrying out my examlnatlon I have followed the Dlrectlons glven by the Charity Commlsslon under sectlon 145151 Ibl of the 2011 ACL Independent examlnees ststement I have completed my examlnatlon. I can confirm that no material matters have come to my attention In connertion wit'h-thé examlnatlon'glvlng me cause to believe: • accounting records were not kept in accordance section 386 of the 2006 Act; or the financlal statements do not accord wlth those records: or the finanual statements do not comply wtth the accounting requlrements under section 396 ofthe 2006 Act other than any requirement that the financial ststsments gtve a Irue and falrf view which is not a matter consldered as part of an independent examinatlon: or the finandal statements have not been prepared In accordance with the method5 and principles of the 5tstement of Recommended Practice for accountlng and reporting by tharitles appllcable to charltles preparlng their accounts in accordance wtth the Finanual Reporting Standard appllcable In the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connertion with the examlnation to which attentlon should be drawn in this report in orderto enable a proper understanding of the finanual statements to be reached. L Hllts ACCA Hills Accountants 14 St Marys Street Whlttlesey Peterborough PE7 IBG 19 February 2025 Page 4.

The Isle of Efy Federatlon of Women's Instltutes CIO Slatement of Financlal Artivlties for the year ended 30 September 2024 Unrestrtcted funds Total funds Total funds 2024 Z024 2023 Incorne and endowments Charitable activitie5 Investments 32,355 764 32,355 764 33,771 732 Total 33.119 33.119 34503 EXpendIre on: Charttable actlvltle5 Other 19.853 11.544 19.853 11544 22,326 Total 3L397 31397 34.608 Net galns'on JhetheItl- Net Incomellexpendlture) Transfers between funds 1,722 1,722 11051 Net Income/{expenthire) before other£ahl{lOsses) L722 1.722 (1051 Other gains and losses Net movement In fimds 1,722 1,722 11051 Reconclllatlon of fund5: Total funds brought forward 70,642 70,642 70,747 Total funds carrled forward 72.364 72,364 70,642 Page 5

The l$le of Ely Federatlon of Women's Ins11t cio Summary Income and EXPend[re Account for the year ended 30 September 2024 2024 2023 Income 32,355 33.771 Interest and Investment income 764 732 Gross Income forthe year Expendtture 33,119 34,503 31,397 34,608 Total expendlture forthe yeaT Net incomellexpendlturel before tax for the year 31,397 34,608 1,722 11051 Net Income /{expendlture )for the ye 1.722 1105) Page 6

The Isle of Ely Federatlon of Women's Instltutss CIO Balance Sheet at 30 September 2024 Company No. CE026347 Notss 2024 2023 Current assets Debtors Cash at bank and In hand 1.200 73,628 74,828 12A641 72,364 72,364 72.364 1.950 71.046 71996 12.3541 70,642 70,642 Credltors: Amount falllng due wtthin one year Net current assets io Total assets less current Ilabintles Net assets exdudlng penslon asset or Ilablllty 70.642 Total net assets 72,364 70,642 The fund5 of the charlty Restrlcted funds Unrestrfcted funds General funds li li 72.364 70.642 72,364 70,642 ReseTves li Total funds 72,364 70,642 These accounts have been prepared In accordance wlth the speclal provi51ons of Part 15 of the Companles Art 2CQ6 relatlng to small companies. FDr the year ended 30 September 2024 the company was entlded to exemptlon under section 477 of the Companles Att 2006 relating to small companies. The members have not requlred the company to obtain an audtt In accordance with section 476 of the Companle5 Att 2006. The direttor5 acknowledge thelr re5ponslbllltle5 for complng vAth the requlrements of the Companies Art 2006 with respect to accountlng records and the preparation of accounts. Approved by the board on 19 February 2025 And signed on its behalf by: J.E. Comwell Trustee 19 February 2025 Page7

The 151e of Ely Federatlon of Women's Instltutu CJO Statement of Cash IIow5 for the yearended 30 September 224 2024 2023 Cash Ilows from operatln8 acthiltie5 Net Income/(expendlture) wstatement of Flnandal Acilvl L722 11051 Adjustments for. Dithdends. Interest and rents from Investsnents Decrease in trade and other recelvables Inuease Sn trade and other payables 1764) 750 iio 1732) Net tash pr¢¥lded by/{used In) operatlng activlties 1.818 {8371 Cash flows from Investlng actlvitles Divtdends, Interest and rents from Investments 764 732 Net cash from Investlng acthdtles 764 732 Net cash from financing actrvltles Nat Increaselldecrease) In cash and cash equl¥alents 2,582 11051 Cash and cash equfvalents at the blning of the year 71.046 71,150 Cash and cash equlvalents at the end of the year 73,628 71,045 Components of cash and cash equlvalents Cash and bank balance5 73,628 71,046 73,628 71,046 Page 8

The Isle of Ely Federatlon of Women's Instltutes CIO Notes to the Accounts forthe year ended 30 September 2024 l Accountlng pollcles Ba515 of preparation The financial Statements have been prepared in attordance with Accounting and Reportlng by Charitie5: Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Flnanclal Reportlng Standard appllcable In the UK and Republlc of"Ireland IFRS 1021 leffertive I January 20151- Icharltles SORP (FRS 10211, the Flnanclal Reportlng Standard appllcable In the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Change In basls of a¢untIng or to prevlous accounts There has been no change to the accounting pollcles Iv3luatlon rule5 and method of accounting) Since lastyear and no changes have been made to accounts for prevlous years. Fund accountlng Unrestricted fvnds These are avallable for use at the d15cretlon of the trustees In furtherance of the general obJects of the charlty. These are unrestricted funds earmarked by the trustee5 for p8rtleular purposes. These are unrestricted funds whlch Include a revaluation reserve representlng the restatement of investment a55ets at thelr market values. These are avallable for use subject to restrlrtlons Imposed by the donor orthrough temis of an appeal. Deslgnated funds Revaluation funds Restrlcted funds Income Recognltlon of Income Income Is Included In the Statement of Flnanclal Artlvitie5 ISOFAI when the charlty becomes entltled to, and vlrtually certaln to recelve. the Income and the amount of the Income can be measured wlth sufflclent rellablllty. Income wlth related Where Income ha5 related expenditure the Income and related expenditure Is expend6ture reported gross Sn the SOFA. Donatlons and legacles Voluntary Income recelved by way of grants, donation5 and gifts 15 included In the the SOFA when receSvable and only when the Charlty has uncondltional entltlement to the Income. Tax reclalms on Income from tax reclaims is included in the SOFA at the same time as the donatlons and glfts glft/donation to which it relates. Donated 5ervlces These are only Included in income (with an equlvalent amount in expenditure) and facllltles where the benefft to the Charity [5 reasonably quantlfiable, measurable and material. Volunteer help The value of any volunteer help recelved15 not included In the accounts. Investment Income Thls is Included in the accounts when recelvable. Galnslllossesl on Thls includes any gain or105s re5ultlng from revalulng Investments to market value revaluation of fixed atthe end of the year. assets Galn5lllossesl on Investment assets Thls Includes any galn or loss on the Sale of investments. Page 9

The Isle of Ely Federation of Women's Instltutes ao Notes tc+ the Accounts Expendlture Recognltlon of expenditure Expendlture Is recognlsed on an accruals basls. Expendlture Includes any VAT whlch cannot be fully recovered. and is reported as part of the expendlture to whlch it relates. Expenditure on These comprlse the costs a550ciated with attractlng voluntary Income. fundraising ralslng funds tradlng cost5 and investment management costs. Expendlture on These comprlse the costs Incurred by the Charlty In the delivery of tts activlties and charitable actlyitles servlces In the furtherance of Its objects, Includlng the making of grants and governance costs. All grant expenditu Is accounted for on an actual paid basls plus an a¢¢rual for grants that have been approved by the trustees at the end of the year but not yet pald. These Include those costs assoclated wlth meeting the con5tltutional and statutory requlrements of the Charlty, Including any auditllndependent examlnation fees, ttjsts Ilnked to the strateglc management of the Charfty, together wtth a share of other admlnlstratlon costs. Other expenditure These are 5UPPOrt Costs not allocated to a partlcular activity. Grants payable Governance costs Taxatl¢• The charlty Is exempt from corporatlon tax on tts charitable actlvttles. Trdde and other debtor5 Trade and other debtors are recogn15ed at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepald net of anytrade dlscounts due. Cash and cash equlvalents Cash and cash equivalents eomprlse cash at bank and on hand. demand deposits with banks and other 5hort-term highly liquid investments wlth orlglnal maturities of three months or less and bank overdrafts. In the statement of ftnandal posltlon. bank overdraft5 are shown wtthin borrowlngs or current Ilabilltle& In the Statement of Cash Flows. cash and cash equlvalents are Shown net of bank overdrafts that are repayable on demand and form an Integral part of the company's cash management. Trade and other credltors Short term creditors are measured at the transattlon prlce. Other credltors and provision5 are recogni5ed where the charlty has a present obllgatlon resultlng from a past event that wlll probably result In the transfer of funds to a thlrd party and the amount due to Settle the obllgatlon can be measured or estimated rellably. Creditors and provisions are normally recognlsed at thelr settlement amount after allowlngfor anytrade dlscounts due. Re[pt of donated goods. facllltle5 and 5ervlces All donated 8oods. facllltles and servl¢e5 recetved are recogntsed wlthln Incomlng resources and expendlture at an estlmate of the value to the charlty. 2 Company status The company Ss a prlvate company Ilmlted by guarantee and consequently does not have share capltsl. Page 10

The tsle of Ely Federatlon of Women's InstItU CIO Notes to the Accounts 3 Statement of Flnandal Acthfftles- privear Unrestrlrted funds Totsl funds 2023 2023 Income and endowments from: Charltable actlvltles 33.771 732 33,771 732 Investments Totsl 34,503 34,503 Expendlture on: Charttable activltles 22,326 12,282 22.326 12.282 Other Totsl 34.608 34,608 Net Incorne 11051 (1051 Net In¢oD8bef.ore.others'. galn5111055 Other galns aiid losses: Net movement In funds rt. 11051 11051 11051 11051 Reconcilktlon'of funds: Total funds brought forward Total funds rrIed forward 70.747 70,747 70,642 70.642 4 In¢ome from charitsble artlvftles Vnre5trlrted Totsl Total 2023 2024 Afflllatlon Fees 16,107 11,083 5,165 32.355 16,107 11.083 5,165 32.355 15.991 ,221 5.559 33,771 Federatlon Attlwtles . FederatloJJ,Setvlces 5 Income from Invesknents Unreslrlcted Totsl Totsl 2024 Bank Interest ReceNed 764 764 732 764 764 732 Page 11

The Isle of Ety Federatlon of Women's Instltutes CIO Notes to the Accounts 6 Expendlture on drftabIe actlvltles ' Vnrestrkted Total Total 2023 Expendfture on chorltoble ortlvltles Afflllatlon Fees 8.846 7?13 8,638 8.978 4.710 Federation Activlties 7.913 Federation Serwces Governonce costs 19.853 19,853 22,326 7 Other expenditure Unrestrlcted Total Totsl Z023 Employee costs Motor and travel costs 125 500 436 Prem15es costs 7,200 7200 7,800 2,721 1,200 12,282 General admlni5tratTve c05ts Legal and professional costs 1,2¢XJ Iiy4 1,200 11.S44 8 Staff costs 2024 Salarfes and wages 125 125 No employee recelved emoluments In excess of £60,OCKI. 9 Debtors 2024 2023 Prepayments and accrued Income 1,2 1.2CQ 1,950 1,950 10 Credltor5: amounts falllng due wlthln one year 2024 2023 Other creditors Accruals L263 1.201 2.464 1,153 1,201 2.354 Page 12

The Isle of Ely Federation of Women's InstStute5 CIO Notesto the A¢¢ount$ 11 Movement In funds Incoming resources Ilndudlng other At l October galn5llosses 2023 At30 SeptembeT 2024 Resources expended Restrfcted funds: Unrestr5cted funds: General funds 70.642 33,119 131.3971 72,364 Total funds 12 Analys5s of net assets between funds 70,642 33,119 131,3971 72.364 Unrestricted funds Total Net current a55et5 72.364 72.364 72,364 7Z,364 13 Recondllatlon of net debt At30 September 2024 At i Ortober 2023 Cash flows Cash and cash equivalents 71,046 71,046 2.582 2.582 73,628 73,628 Net debt 71,046 2,582 73.628 14 Related party d15closures Controlllngparty The company15 Ilmlted by guarantee and has no share capltal,. thus no slnEle party controls the company. Page 13

The Isle of Ely Federatlon of Women's Ins1ft ao Detsiled Statement of financial Actlvltles forthe year ended 30 September 2024 Unyestrlcted funds Total fvnds Totsl funds 2024 2024 2023 Income and endowments from: charltable actlvitles Afflllatlon Fees Federation Activities Federation Services 16.107 11.083 5.165 32,355 16,107 11,083 5,165 32.355 15,991 12.221 5.559 33.771 Investments Bank Interest Received 764 764 764 764 732 732 Total Income and endowments 33,119 33.119 34,503 Expendlture on: Charitable actlvltles Affiliation Fees Federation Activities Federatlon Se)Ces 8.846 7,913 3.094 19,853 8,638 8,978 4,710 22.326 7,913 19,853 Total of expendlture on tharltable acthiltle5 19,853 19.853 22326 Salarleslwages 125 125 Motor and travel costs Travel and subststence 500 500 436 436 500 Premises costs Rent 7,2OJ 7,2) 7.200 7.2LWJ 7WO General admln15tratlve costs. Including depreoatlon and amortisation Bank tharges General Insurances Statlonery and prlntin8 Sundry expen5e5 Telephone, fax and broadband 282 1,159 192 1,131 529 52 932 529 52 96 932 992 2,721 Legal and profelOnal costs Audltllndependent examination fee5 uoo 1,2CQ 1,2LX) 1.200 1.200 1,200 Page 14

The Isle of Ely Federation of Women's Instltutes CIO Detalled Statement of Financial Acthiltles Total ot expenditure of other costs Total expendlture Net gains on Investments 11,544 11,544 12,282 31,397 31,397 34,608 Net Incomel{expendtture) 1,722 1,722 11051 Net Income/{expendtture) before other gains/(losses) Other Gain5 1,722 1,722 1105) Net movement In funds 1.722 1,722 {1051 Reconciliation of funds: Total funds brought forward 70,642 70.642 70,747 Totsl funds carrled fonvard 72.364 72.364 70,642 Page 15

The Isle of Ety Federailon of Women's Instttutes ao Chartty No. 1195426 Company No. CEOZ6347 TNstees' Report and Unaudlted Accounts . 30 September 2024