##
##
|Trustees|||Jennifer Burton||
|---|---|---|---|---|
||||Mary Chapman||
||||Joycelyn
Cull||
||||Lynn Poster||
||||Carols Green||
||||Hilary Haworth||
||||Natasha
Huckle||
||||Mmgaret Keys||
||||Linda Nicholls||
||||Susan Paxlon||
||||Thelma Sackman||
||||Deborah Sanders||
|Charity|number||228057||
|Principal|address||Une 11||
||||Bell Business Park||
||||Smeaton Close||
||||Aytesbury||
||||Buckinghamshire||
||||HP1 9BJR||
|Independent||examiner|Whitley Mimpson|Limited|
||||29-31 Castle Street||
||||High Wycombe||
||||Buckinghamshire||
||||Uneed Kingdom||
||||Hpl 3SRU||
|Bankers|||Lloyds Bank pic||
||||27 - 31 White Hart|Street|
||||High Wycombe||
||||Buckingshire||
||||Hpl
1 2HL||
##
##
##
##
##
##
##
##
##
##
##
##
##
|The Truslees
report was approved
Z~~|The Truslees
report was approved
Z~~|by the Board ofTruslees.||
|---|---|---|---|
|Joyratyn
Cull|||Susan Paxton|
|Chairman|||Honorary Treasurer|
|1tloslss||||
##
##
|I report lo the Trustees on my examination
of Ihe finanual
stalemenls||of Buckinghamshire|of Buckinghamshire|of Buckinghamshire|Federaeon of|Federaeon of|Federaeon of|Women' s|
|---|---|---|---|---|---|---|---|---|
|Institutes
(the Charily) forthe year ended 30November 2023.|||||||||
|Responslbfiltles
and basis of report|||||||||
|As the Trustees ofIhe Chanly you are responsible
for the preparation|ofthe financial|||ststemenls||in sccordwtce
with|||
|the requirements
ofthe Charities Act 2011 (the 2011Act)|||||||||
|I report
in respect of my examination
ofIhe Charily's
financial statements
cerned
out||||under|sectwn 145ofthe 2011||||
|Ad. In carrying
oul my examinatmn
I have followed
all the applicable||Directions given
by|||Ihe Charily
Commission||||
|under section 145(5)(b)ofIhe 2011Act.|||||||||
|Independent
examlneris
statement|||||||||
|Your aaenfion
Is drawn to the fact that Ihe charfiy has prepared
flnandal||slatemenls||in accordance
wfih Accounfing|||||
|end Reporting
by Charities
preparing
their accounts
in accordance
mth||the Financial||Reporfing
Standard|||applicable||
|in Ihe UK and Republic
of Ireland (FRS 102) in preference
to the Accounting erd Reporting|||||by Charifies||Slatemenl||
|of Recommended
Pramce
issued on I Apnl 2005 which is referred|to|in|the extant|regulations||bul hss|now been||
|withdrawn|||||||||
|I understand
Ihat this has been done
in order for financial
statements|to provide a true and||||fair|view
In accordance|||
|with Generally Accepted Accounting
Practice effective for reporting
penods|||beginning|on or|efier|I January||2015|
|I have completed
my examination.
I confirm
that no matters
have|come to my altenfion||||in connedion|||with the|
|examination
giving me cause lo believe that in any material respect|||||||||
|I
accounting
records were not kept in respect ofthe Chanty as required|||by sectmn|130ofthe||2011Acb||or|
|2
the financial statements
do not accord with those recoWs; or|||||||||
|3
the financial
statements
do not comply
with the applicable
requirements
concerning|||||the form snd||content of||
|accounts set oul in the Chanties
(Accounts and Reports) Regulations|||2008other than||any requirement|||that the|
|accounts give a true and fair view which is not s maser considered||as|perl ofan|independent||examination.|||
|I have no concerns and have come across no other matters
in connection|||wfih the examinadon|||to which||afiendon|
|should be drawn
in this report
m order to enable s proper understanding||cf|the financial
stalemenls
to be reached.||||||
|Jonathan
Walton BFPFCAFCCA|||||||||
|Forand on behalf ofWhltley Stlmpson
Limited|||||||||
|29-31 Castle Street|||||||||
|High Wycombe|||||||||
|Buckinghamshire|||||||||
|HP13 SRU|||||||||
|United Kingdom|||||||||
##
##
|||||||Unresb icted|Nestncted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|||
|||||||2D23|2D23|2D23|2D22|
||||||Notes|6|6|6|6|
|Income and endowments|||from:|||||||
|Donations erd|legacies|||||540|14,817|15,357|5,D24|
|Income from cherileble||sdivilies||||53,171||53,171|75,626|
|Income from other Irading|||acttvties|||2,242||2,242|6,711|
|Investments||||||21,998|2,589|24,587|2,352|
|Other income|||||||||595,27D|
|Tots I Income||||||77,951|17,406|95,357|684,983|
|Expenditure
on|raiang funds|||||43,353||43,353|46,930|
|Chantable
adivities||||||92,464||92,464|84,582|
|Other|||||13|22,751||22,751||
|Total expenditure||||||158,568||158,568|131,512|
|Net (outgolngylncomlng|||resources before||transfers|(80,617)|17,406|(63,211)|553,471|
|Gross Irsnsfers|between||funds|||1,139|(1,139)|||
|Net (expenditure)dncome|||for the year/|||||||
|Net movement|in funds|||||(79,478)|16,267|(63,211)|553,471|
|Fund balances|at I December 2022|||||433,053|521,323|954,376|400,905|
|Fund balances|at 30November|||2D23||353,575|537,590|891,165|954,376|
||||2D23||2022||
|---|---|---|---|---|---|---|
||||E||E||
|Fixed assets|||||||
|Tangible assets||14||43,300||31,798|
|Current assets|||||||
|Stocks||15|5,786||6,309||
|Deblors||16|3,134||388||
|Investments||17|861,512||296,D94||
|Cash st bank and in|hand||I8,487||632,646||
||||888,919||935,437||
|Creditors: amounts|falling due within||||||
|one \rear'||18|(41,054)||(12,859)||
|Net current assets||||847,865||922,578|
|Total assets less current liabilities||||891,165||954,376|
|Income funds|||||||
|Reelected funds||||537,590||521,323|
|t)nrestd dad funds||||353,575||433,D53|
|||||891,165||954,376|
##
##
||Accounting
policies|
|---|---|
||Accounting
convention|
||The financial
statements
have
been
prepared
in accordance
with
Ihe Charity's
governing
document,
the|
||Charifies Acl 2DII, FRS ID2 "The Finandal
Reporting
Slardard
applicable
in the UK and Republic of Irelard'|
||("FRS102")and Ihe Chanlies
SORP "Accounting
and Reporfing
by Chanlies:
Stalenwnt
of Reconmended|
||Pradlce appgcable
lo charities
prepanng
their accounts
in accordance
with the Financial
Repcrfing
Standard|
||applicable
in Ihe UK and Republic of Ireland (FRS 102)' (efiedive
I January 2010).The Charity
is a Public|
||Benefit Entity as defined
by FRS 102.|
||The financial
statements
are prepared
in sterling,
which
is the functional
currency of the Charfiy.
Monetary|
||amounts
in these finwtcial slatemenls
am rounded
to the nearest fi.|
||The financial
statements
have been prepared
under the historical cost convention
with items recognised
al|
||costor transaction
value unless othenvise
stated
in Ihe relevwd
notes lo these accounts.|
|1.2|Going concern|
||The financial
statements
have
been prepared
on a going
concern
basis as the Trustees
believe
Ihat no|
||malertal
uncertainties
exist. The Trustees
have considered
the level of funds
held ard the expected
level of|
||income and expenditure
for 12months
from aulhori sing these financial
statements.
The budgeted
income and|
||expenditure
is sugdenl
with the level ofreserves for the charily to be able to continue as a going concern.|
|1.3|Charitable
funds|
||General
funds
are uunreslncted
funds
which
are available
for use
at Ihe discretion
of the Trustees
m|
||furtherance
ofIhe general oblectives ofthe Trustees and which have not been designated
for other purposes.|
||Designated
funds
compnse
unrestncted
funds
that
have
been sel aside
by the Trustees
fcr particular|
||purposes.
The aim and use ofeach desgnated
isset out in the notes to the financial statements.|
||Restnded
funds are funds
which are to be used
in accordance
with specific reslnceons
imposed
by donors or|
||which
have been raised by Ihe Tmstees for particular
purposes.
The coal of raising and admirfslering
such|
||funds are charged against
the specific fund. The aim and use ofeach reslnded
fund are sel out in the notes|
||to the financial statemenls.|
|1.4|Income|
||Ag income is recognised
when the Charity has entitlement
to the income,
it is probable
that the income
will be
received and thea
t f'
bl
b
ed reliably|
||Cash donations
are recognised
on receipt. Other donations
are recognised once the Chanly has been notified|
||of the donation,
unless
performance
conditions
require
deferral
of the amount
Income tax recoverable
in|
||relation to donations
received under Gift Aid or deeds ofcovenant
is recognised
at Ihe time ol the donaeon|
||For legacies, entitlement
is taken as the earlier ofIhe date on which either. the Trustees
is aware that probate|
||has been granted,
the estate has been finalised
and
notification
has been made
by Ihe executor(s) to the|
||Trust that a dwtribulion
will be made, or when a distribution
is received from the estele
Receipt ofa legacy, in|
||whoh or in part, is only ccnsiderad
probable when the amount
can be measured
reliably and the Trustees has|
||been
notified of the executor's
inteneon
to make a distribution
Where
legacies
have
been
nofified
to the|
||charity, cr the charity is aware of Ihe granting ofprobate, and Ihe criter for inccme recognition
have not been|
||mel, then Ihe legacy is treated as a contingent asset and disclcsed
if material. .|
##
##
||Accounfing
pohcies||||(Confinued)|
|---|---|---|---|---|---|
|1.6|Expenditure|||||
||Expenditure
is recognised
once there
is a legal or constructive||obligafion
to transfer
economc||benefit to a|
||third pariy,
it is probable
that a transfer
of economic benefits
will||be required
in settlement,|and the amount of||
||the obligation
can be measured
reliably.
Expenditure
is classified
by activity. The costs|||of each activity
are||
||made
up of the lotal of direct coals end shared costs, including||support costs invdved|In undertaking
each||
||acsvity. Direct costs aaributable
lo a single activity are allccated||directly to that activity.|Shwed|costs which|
||contribute
to more than
one activity
end support
costs which||are ncl attributable
to a single||adlvlty
are|
||apportioned
between those adivities
on a basis consistent
with||the use of resources
Central
staff costs are|||
||afiocaled on the basis oflime spent, and depreciation
charges are afiocaled on the porgon|||ofthe|asset's use.|
||Fundraising
costs are those
incurred
in seeking
voluntary
contnbueons
and dc not include||||the costs of|
||disseminating
information
in support ofIhe charitable
acliveies. Support costs are those coals incurred
directly|||||
||in support
of expenditure
on the chisels of the the chanly
and||mclude
prelect
management
cerned
out al|||
||Headquarters.
Governance
costs are those
incurred
in connection
with
administration|||of the|charily
and|
||compliance
«eth conslitulional
and slatutory
requirements.|||||
||Casts of generadng
funds we costs incurred
In aaracting
vdunlary
income,
and those|||Incurred
in trading||
||acsvities that raise funds.|||||
||Charilable
activities
and
Governance
costs are costs
incurred
on Ihe chan1ys
educational||||operations,|
||induding
support
ccats and costs relaeng
to the governance
acsvities.||of the Trustees
apportioned||lo charitable|
|1.6|Tangible fixed assets|||||
||Afi assets costing more than 6600are capitalissd|||||
||Tangible
fixed assets are initially
measured
at cost and sdisequently
measured
at cost|||or valuation,
net of||
||depreciation
and any impairment
losses|||||
||Depreaalion
is recognised so as to wn1e off Ihe cost or valuation||ofassets less their residual
values ever their|||
||useful lives on the following bases:|||||
||Other fixed assets
Nil|||||
||Crxrent asset inveslmenls
are a form offinancial
instrument
cnd||are initially recognised
at|their||
||transaction
cost and subsequently
measured
st fair value st the|Balance Sheet date, atless fair||||
||value cannot be measured
reliably
in which case it is measured|at cost less impairment.
Investmenl||||
||gains and losses, whether
realised or unrealised,
are combined|and shown
in the heading||||
||'Gainsi(losses) on investments'
in the Slatemenl
ofFinanaal
Activfiies.|||||
|1.7|Impairment
offixed assets|||||
||At each reporeng
end date, Ihe Chwity
reviews
the
carrying||amounts
of its tangible|assets|lo determine|
||whether
Ihere is any
indication
that those assets have sufiered||an impairment
loss. If|any such
indication||
||exists, the recoverable
amount
of the asset is estimated
in order to determine
Ihe extent of the impairment|||||
||loss (ifany).|||||
|1.6|Stocks|||||
||Stocks are valued at the lower ofccet and net realisable
value||afier makmg
due allowance
for||obsolete and|
||slow moving stocks. Cost includes
afi direct costs.|||||
|1.6|Interest racer«aha|||||
||Cash and cash equivalents
include cash
in hand,
deposits
held st call with
banks, other short-term
liquid|||||
||investments
with orgmal
maturities
ofthree months cr less, and||bank overdrafls
Bank overdrafls
are shown|||
||within borrowings
in current liabilifies|||||
##
##
|1|Accoungng
pohcies|||||||||||||||||(Congnued)|(Congnued)|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|1.10|Liabilities and provisions|||||||||||||||||||
||Liabilities
are recognised|when there
is cn obligation
at Ihe Balance|||||||Sheet|||date as a|||resu0 of a|||past|event,
il|
||is probable
that a transfer|of|economic benefit|||will be required
in seulement,|||||||and the amount ofthe seaemenl|||||||
||can be estimated
reliably|Liabilities
are||recognised
at|||the amount||thai||the||chan1y||anticipates|||it will
pay to||
||assis Ihe debt or the amount||il has received as advanced|||||payments|for|lhe||geode||or|services
II||musl||provide|
||Provisions
are measured|at|the best estimate|||of the amounts
required|||||to||caela the obligation.|||||Where the||
||effect of the 0me value of money is material,||||the provision|||Is based cn the|||||present||value ofthose amounts,|||||
||discounted
at the pre-lax|discount
rate||that|reflects the|||risks specific||to||the
liability.
The unwinding|||||||of the|
||discount is recognised
within||interesl payable||and similar||charges.|||||||||||||
||Liabihties
are recognised|al the amount
that the Chanty|||||antwipates||it will||pay to setge the|||||debt or ihe|||amounl|
||it has recwved as advanced||payments
for the|||goods or|services
il must||||provide.|||Provisions
are||||measured
al||
||the baal esemate ofthe amounts
required|||to eagle the obligaaon.
Where|||||||Ihe||effect of||the|time value of money||||
||is material,
the provision|is based on the||present
value|||of|those amounts,||||discounted|||at|the pre-tax|||discount|
||rate that regecls the nsks|speafic to the lability||||The unwinCing
ofthe discount 0 recognised
in the Slatemenl||||||||||||||
||offinancial
activities as a|finance cost.||||||||||||||||||
|1.11|Plnanclal
Instruments|||||||||||||||||||
||The
Charily
only
has
financwl
assets|||and||financial|liabilaies
of a|||kmd|||that|qualify||as basic|||finanaal|
||instruments.
Basic finanaal||instruments|are||initially
recognised|||at|transaction||||value||ard|subsequently|||
||measured
at their cetdement||value
with|the|exception||of bank loans|||which|||are|submquently||||measured
al||
||amortised
cost usmg the egestive interest|||method.||||||||||||||||
|2|Donations
and legacies|||||||||||||||||||
|||Unrestricted||Resp icted||||Total|Unreslncted||||||Reslriaed|||||
||||funds|||funds||||||funds||||funds||||
||||2023|||2023||2023|||||2022|||2022|||2022|
||||E|||E||E||||||||f|||f|
||Donafions end gifts||39|||14,817||14,856|||||144|||3,685|||3,820|
||Legacies receivable||501|||||501||||1,195|||||||1,195|
||||540|||14,017||15,357||||1,339||||3,605|||5,024|
|3|Income from other trading||actlvlges|||||||||||||||||
|||||||||||||||Unrestricted|||Unrestricted|||
|||||||||||||||||funds|||funds|
|||||||||||||||||2023|||2022|
|||||||||||||||||6|||6|
||Bulb scheme|||||||||||||||2,242|||6,711|
##
|4|Investments||||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|Tote I|Unrestricted|Restrt aed|Total|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
||||E|E|E|E|E|8|
||Inveslmenl
income||21,998|2,509|24,587|1,950|402|2,352|
|5|Income from charitable|activities|||||||
||||||||Unrestricted|Unrestricted|
||||||||Funds|Funds|
||||||||2023|2022|
||||||||8|8|
||Shop||||||954|4,221|
||Speakers||||||3,490|412|
||Annual
meetings
BFWI/NFWI||||||4,565|ID,D16|
||Centenary
+I merchandise|||||||17,733|
||Board of1ruslees events|for|members||||236|16,095|
||Creatives crags, leisure and||lifeslyle||||1,710|2,075|
||Scenes and society||||||2,390|2,413|
||Communications,
archivists,||resilience||||1,000|650|
||Newslaiers
arid postage||||||150|128|
||Member subscriptions||||||30,659|37,120|
||||||||53,171|75,626|
|||||||Tots I|Unrestricted|Restrt cted|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds||
|||||||2023|2022|2022|2022|
|||||||E|E|E|8|
|Net|gain|on|disposal|offreehold|property||125,270|470,000|595,270|
##
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|||6|6|
|Fundramng|trading expenses|||
|Special project and support costs||37,036|40,487|
|Bulb scheme||6,317|6,443|
|||43,353|46,93D|
|||||Charitable|Cha itable|
|---|---|---|---|---|---|
|||||Expenditure|Expenditw e|
|||||2023|2022|
|||||6|6|
|Shop||||3,334|5,7D6|
|Speakers||||6,897|3,188|
|Annual
meelrngs||BFWI/NFWI||17,725|28,489|
|Board ofTrustees events for members||||9,831|22,429|
|Creative crafts, leisure and|||lifestyle|7,612|4,4DD|
|Snence and|society|||7,163|3,843|
|Communicalions,||archivist,|resgience|7,842|5,159|
|Members subscriplions||||3,394|3,361|
|Newsleaers|and|postage||28,666|8,007|
|||||92,464|84,582|
|||||92,464|84,582|
##
##
|Support|costs|||||||
|---|---|---|---|---|---|---|---|
||||Itaising fund|Cha riti bls|2023|2022|Basis uf allocation|
|||||activities||||
|||||8||||
|Staffcosh|||20,686|31,381|M,067|40,561|As per staff|
|Depmuation|||778|5,782|6,560|1,525|DIIBCI|
|Telephone|and postage||939|34,209|35,148|1,841|0 IIBCI|
|Bank charges||||8|8|33|DIIBCI|
|Cleaning|of pm rmses||749|1,852|2,601|1,469|DIIBCI|
|lmumnce|||1,884|f5)|1,879|3,693|DIIBCI|
|Fuel and|kgtit||2,314|I2,203)|111|4,538|DIIBCI|
|Water rates||||5|5|172|DIIBCI|
|General
retm|||857|614|1,471|1,507|0 IIBCI|
|Decoratng,
repair||and mamlenance|1,2tl4|3,516|4,720|2,362|DIIBCI|
|Stationers|and oflice expenses||2,244|4,693|6,937|4,400|DIIBCI|
|Sundnes|||34|(29)|5|66|DIIBCI|
|Legal and|professional||2,796||2,796|6,406|Governance|
|Governance msh||||6,775|6,775|4,339|Governance|
|||||86,598|121,063|72,912||
|Analysed|between|||||||
|Other-non|support|costs|31,619||37,485|58,600||
||||66,104|92,464|158,568|131,512||
##
##
##
|The average|monthly|number ofemployees|dunng the year was:|||
|---|---|---|---|---|---|
|||||2D23|2D22|
|||||Number|Number|
|Employees||||||
|Employment|costs|||2023|2022|
|||||2|2|
|Wages and|salaries|||51,347|39,531|
|Eoual secunty costs||||720|1,030|
|||||52,067|40,561|
||||Unrestd aed|Total|
|---|---|---|---|---|
||||funds||
||||2023|2022|
|Net loss on disposal oftangible||fixed assets|161||
|Other expenditure|-Rent payable||22,590||
||||22,751||
##
|14|Tangible fixed assets||||
|---|---|---|---|---|
||||Flxtums and fittings||
|||||6|
||Cost||||
||At I December 2022|||50,964|
||Additions|||18,625|
||Disposals|||(602)|
||At 30November 2023|||68,987|
||Depreciation
and impairment||||
||At I December 2022|||19,165|
||Depmcialion
charged|in Ihe year||6,560|
||Eliminated
in respect ofdisposals|||(38)|
||At 30November 2023|||25.687|
||Cw rying amount||||
||At 30November 2023|||43,300|
||At 30November 2022|||31,798|
|15|Stocks||||
||||2023|2022|
||||E|2|
||Finished goods and goods for resale||5,786|6,309|
|16|Debtors||||
||||2023|2022|
||Amounts
falling due|within one year:|E|2|
||Trade debtcrs|||1|
||Otherdeblors||110|83|
||Prepaymenls
and accrued income||3,024|304|
|||||388|
|17|Current asset investments||||
||||2023|2022|
||||E|2|
||National
Savings Income Bond||723,221|I78,221|
||COIF Charities Deposit Account||138,291|117,873|
||||861,512|296,094|
##
##
|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2023|2022|
|||5|5|
|Other taxalion and sccwl secunly||2944|657|
|Trade creditors||34,081|7,273|
|Other creditors||1,029|1,929|
|Accrue(a and deferred|income|3,000|3,000|
|||41,054|12,859|
||||Movement|Movement|in funds|||
|---|---|---|---|---|---|---|---|
|||Bslsllce st|aaanaea|Resources||rrsnsrea|asuncesi|
|||1December|funds|expended|||tc november|
|||trna|||||tots|
|||5|||||5|
|Oennwn - Bucks Room||(1D)|||||(1D)|
|Closed institutes||13,169|2,190|||2,321|17,680|
|Needy fund||2,197|89||||2,342|
|Millemium|fund|5,409|215|||(616)|5,DD8|
|Memorial
fund||12,359|923|||(345)|12,937|
|Ripp fund||1,193|47|||(220)|1,020|
|Eyre fund||2,427|92|||(250)|2,269|
|Named funds||g82|13,3D3|||(955)|13,33D|
|Celebration|fund|852|35||||887|
|lady Legge||1 gg3|83||||2,076|
|E M Baunders||57D|21|||(14D)|451|
|Joyce Wilton||8,435|335|||(990)|7,78D|
|20-10fund||1,747|73||||1,820|
|Property funds||470,000|||||470,000|
|||521,323|17,406|||(1,139)|537,590|
##
##
|10|Restncted funds
(Congnued)|Restncted funds
(Congnued)|
|---|---|---|
||Restricted Funds||
||Note. Isdudes changes
to governing
documents
ofsome bursenss es eppmvsd
by Tmstees at the November||
||202f Board meeting.||
||Closed Women's
Institutes
fund and transfers
- Ifan institute suspends
monies are deposited
into this fund||
||Ifa suspended
institute does rmt re-open within three years, the money
is transferred
into general funds.||
||Wl Support
Fund (was Needy
fund) - This is an amount set aside for institutes
that are in need of|finannal|
||assistance.||
||Property
fund —This fund
will be set up from Ihe proceeds ofthe sale of Stuart Lodge and sel aside|fcr any|
||future purchase of buildings or land||
||The foyom'ng
restricted
funds represent
0 nds for awards
only available
for Women's
lnsgutes'
members
in||
||Bucki n gh
em shire.||
||Millennium
fund - This fund
provides
an annual
bursary
for any
residential
education
or training|course,|
||delivered
by the
Denman
Trust orother providers as approved
by the BFWI Board ofTrustees.||
||Memorial
fund - This
fund
provides
an annual
bursary
for any two-day
residential
education
or|training|
||course, delivered
by Ihe
Denman
Trust or other providers as approved
by the BRM Board ofTrustees||
||DSD Ripp
fund - This kmd was sel up to provide
an annual
bursary
towards
the course cost, alternating||
||between Art and Photography,
to be taken anywhere.||
||Elizabeth Eyre fund - This fund provides an annual
bursary fora Craft course.||
||Named funds - This consists ofthe Stmde and Becklon Ionia The Strode fund provides a biennial bu|sary for|
||a fun music course delivered
by the Denman
Trust or other providem
as approved
by Ihe BFWI Board of||
||Trustees, Ihe Beckton fund provides a bursary for any residential
course.
Awarded
in alternate
years.||
||Celebration
fund - This fund prow'des a biennial
bursary for any residential
course.||
||Lady Legge
~This fund provides an annual
bumary
for any residential
education
or Iraining course, ddivered||
||by the
Denman
Trust orother pmvidem
as approved
by the BFWI Board ofTrustees||
||E M Saunders
~ This fund provides
an annual
bursary for a cookery course, delivered
by the
Denman
Trust||
||or other providers as approved
by the BFWI Board ofTrustees.||
||Joyce Wilton - This fund provides an annual
bursary
open to members
of Prestwood
and Presiwood|Evening|
||Wls only, to be used for an educational
trip or outing according lo Ihe wishes of Ms Wilton's
family||
||20.10 fund
~ This fund
provides
an annual
bursary
towards
~ two-nigM
residential
education
or|training|
||course, delivered
by Ihe
Denman
Trust or other providers as approved
by the BFWI Board ofTrustees.||
##
|20|Analysis ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restdcted|Total|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|||E|E|E|E|E|8|
||Fund balances at 3D|||||||
||November 2023 are|||||||
||represented
by|||||||
||Tangible assets|43,300||43,300|31,798||31,798|
||Current asselsi(liabilifies)|310,275|537,590|847,865|401,254|521,324|922,578|
|||353,575|537,59D|891,165|433,D52|521,324|954,376|
|non-cancegable
operafing leases, which fall due as follow|s||
|---|---|---|
||2823|2D22|
||6|8|
|Within one year|18,9DD|18,9DD|
|Between two and five years|17,502|36,4D2|
||36,402|55,302|
##