OpenCharities

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2020-12-31-accounts

Unrestricted Total Total
Funds Funds Funds
Income Note 2020 2020 2019
IncomefromCharitableActivities 3
Affiliation fees 22,963 22,963 25,111
Trustee events 853 853 7,852
Sub-committees 331 331 1079
24,147 24,147 34,042
IncomefromotherTradingActivities 3
Fundraising 1,250 1,250 7,076
Charitable trading adivities 279 279 548
Investments
Interest receivable 153 153 333
TotalIncome 25,829 25,829 41,999
Expenditure
CostofRaisingFunds 4
Fundraising and appeals 570 570 1,953
Trading materials 820
Charitable Activities 4
Trustee events 1,437 1,437 8,642
Sub-committees 690 690 2,111
Affiliation fees 4 12,113 12,113 13,024
Support costs 11,293 11,293 14,937
TotalExpenditure 26,103 26,103 41,487
NetIncome(Expenditure) (274! (274! 512
NetMovementofFunds {2741 (2741 512
ReconciliationofFunds
TotalFundsBrought Forward 2531122 253,122 252,610
Total Funds Carried Forward 252,848 252,848 253,122

Unrestricted Total this
funds year Total lastyear
Note 2020 2019
£ £ £
Fixed Assets 7
Tangible assets 196,577 196,577 194,443
Total _fixed_assets 196,577 196,577 194,443
Current Assets
Stocks 367 367 367
Debtors 8 188 188 33
Prepayments 220 220 2,800
Cashat bankandinhand 10 58,544 58,544 63,810
Total current assets 59,319 59,319 67,010
Creditors:amounts fallingdue
within oneyear 9 2,799 2,799 8,199
Net currentassetsl(liabllltles) 56,520 56,520 58,811
Creditors: amounts falling due
within twotofiveyears 133 133 133
Total_assets_less_cu"ent_liabilities 252,964 252,964 253,121
TotalNet Assets 252,964 252,964 253,121
Fundsofthe Charity
Unrestricted funds 252,964 252,964 253,121
Tota/funds 252,964 252,964 253,121

Accountingpolicies
2.21NCOME
Recognitionofincome TheseareincludedintheStatementofFinancialActivities(SoFA)when:

thecharitybecomesentitledtotheresources;

itismorelikelythannotthatthetrusteeswillreceivetheresources;

themonetaryvaluecanbemeasuredwith sufficientreliability.
Offsetting Therehasbeennooffsettingofassetsandliabilities,orincomeandexpenses,unlessrequiredor
permittedbytheFRS102SORPorFRS102.
Grantsanddonations GrantsanddonationsareonlyincludedintheSoFAwhenthegeneralincomerecognitioncriteriaaremet
{5.10lo5.12FRS102SORP).
Inthecaseofperformancerelatedgrants,incomemustonlyberecognisedtotheextentthatthecharity
hasprovidedthespecifiedgoodsorservicesasentitlementtothegrantonlyoccurswhenthe
performancerelatedconditionsaremet(5.16FRS102SORP).
Taxreclalms on
donationsandgifts
GiftAidreceivableisincludedin incomewhenthereisavaliddeclarationfromthedonor.AnyGiftAid
amountrecoveredonadonatio·nisconsideredtobepart ofthatgiftandistreatedasanadditiontothe
samefundastheinitialdonationunlessthedonororthetermsoftheappealhavespecifiedotherwise.
Supportcosts Thecharityhasincurredexpenditureonsupportcosts.
Volunteerhelp Thevalueofanyvoluntaryhelpreceivedisnotincludedintheaccountsbut isdescribedinthetrustees'
annualreportandSocialImpactCalculation.
2.3 EXPENDITUREANOLIABILITIES
LiabiUliesarerecognisedwhereitismorelikelythannotthatthereisalegalorconstructiveobligation
Liability recognition committingthecharitytopayoutresourcesandtheamountoftheobligationcanbemeasuredwith
reasonablecertainty.
Governance and Supportcostshavebeenallocatedbetweengovemancecostsandothersupport.Governancecosts
supportcosts compriseallcostsinvolvingpublicaccountabilityofthecharityanditscompliancewithregulationandgood
practice.
Supportcostsincludecentralfunctionsandhavebeenallocatedtoactivitycostcategoriesonabasis
consistentwiththeuseofresources,egallocatingproperty costsbyfloorareas,orpercapita.staffcosts
bythelimespentandothercostsbytheirusage.
Grantswith Wherethecharitygivesagrantwithconditionsforitspaymentbeinga specificlevelofserviceoroutputlo
perfonnance beprovided,suchgrantsareonlyrecognisedintheSoFAoncetherecipientofthegranthasprovidedthe
conditions specifiedseNiceoroutput.
Creditors Thecharityhascreditorswhicharemeasuredatsettlementamountslessanytradediscounts.
2.4ASSETS
Tangiblefixedassets Thesearecapitalisediftheycanbeusedformorethanoneyear,andcostatleast£50.Theyarevalued
forusebycharity atcostorvaluation.ThevalueofCupsandTrophieswaswrittendowninfullatthepreviousyearend.
Themethodofdepreciationiswritingthenetbookvalueat31.12.18offover5years(20%SL).Any
additionsintheyearwillbedepreciatedat20%SL.
Debtors(includingtradedebtorsandloansreceivable)aremeasuredoninitialrecognitionatsettlement
Debtors amountafteranytradediscountsoramountadvancedbythecharity.Subsequently,theyaremeasuredat
thecashor otherconsiderationexpectedtobereceived.
Stock Stockhasbeenvaluedatthelowerofcostandnetrealisablevalue.Anyobsoletestockhasbeenwrittenof

Note3 Analysis ofIncome
Unrestricted
Analysisofincome funds
£
Totalfunds
£
Prior year
£
Charitable Subscriptions 22,963 22,963 25.111
activities: Denman 429
ACWt/1/,ProjectandJewellery sales 185 185 2,547
FederationNews 638 638 1,731
AGM 2,995
Rent 30 30 150
IWCFsales 24 24 177
Craft 25 25 381
Catering 257
Membership 150 150 264
OpenForum 132 132
Total 24,147 24,147 34,042
Othertrading Fundraising
activities: Jewellery sales 475
Agricutural Show 4,188
JackUp/Pride 1.084
CommissiononWI raffle 160 160 234
ChristmasEvent 25
150Club 1,090 1,090 1,070
Trading Activities
Stationery sales 279 279 548
Total 1,529 1,529 7,624
TOTAL INCOME 25.6Z§ 25676 ~l.!ffig

Unrestricted
Analysisofexpenditure funds Totalfunds
£
Prioryear
£
Expenditureon Jack UP 771
raisingfunds: Federation events - WIFair
Agricultural Show 932
Pride (300)
150Club 570 570 550
Stationery for
resale 820
Totalexpenditureonraisingfunds 570 570 2,773
Expenditureon TrusteeEvents:
charitable ACWIN PFF
activities Young Carers 185 185 2,246
Denman (inc. Bursaries) 40 40 485
IWCFWI Federation News 509 509 1,335
IWCF sales 312
Stationery 430 430 214
Postage 273 273 450
ANC 691
AGM 2,240
ACM 669
Sub-Committees
Craft 195
Catering 5 5 307
Membership 334 334 1,320
Public Affairs 127 127 249
Centenary 214 214 5
Archivists 10 10 35
Totalexpenditure oncharitable 2,127 2,127 10,753
Affiliationfees Subscriptions&Affiliation Fees 12.113 12,113 13,024
OtherSupport Rates&Water rates 1,403 1,403 1,409
Costs Heat&Light 722 722 1,602
Insurance 1,468 1,468 1,440
Travel Expenses 920 920 3,877
Computers and Software 143 143 115
Telephone&Fax 533 533 590
Equipment Repairs&Maintenance 785 785 890
Repairs&Maintenance 3,750 3,750 1,357
General 252 252 1,008
Professional fees 350 350 400
Training 1,492
Depreciation 967 967 757
Totalotherexpenditure 11,293 11,293 14,937
TOTALEXPENDITURE 26,103 26,103 41,487

Thisyear Last year
£ &
Totalstaffcosts
=====

Freehold land& Fixtures, Cups& Total
buildings fittingsand Trophies
equipment
£ £ £ £
Asat 1st January 2020 193,265 10,495 1,195 204,955
Additions 3,101 3,101
Disposals
Asat31st December 2020 193,265 13,596 1,195 208,056

Depreciation Depreciation Depreciation Depreciation Depreciation
The depreciation policy has been reviewed and from 1st January 19ithas been changed to 20% Straight l.ine
based on the Net Book ValueofFixtures, fittiings and equipment at 31st December 2018. The charge for the
year ended31December 2020 is based on 20% Straight Lineasin the previous year and on the additions in
£ £ £ £
As at 1st January 2020 9,317 1,195 10,512
Depreciation charge for year 967 967
As at 31st December 2020 10,284 1,195 11,479
Netbookvalue
As at 31st December 2020 193,265 3,312 196,577
Asat 31st December 2019 193,265 1,178 194,443