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|Contents|Page|
|---|---|
|Administrative&Legal Information|1|
|Trustees Report|2 - 4|
|Independent Examiners Report|5|
|Statement of Financial Activities|6|
|Statement of Assets and Liabilities|7|
|Notes to the Accounts|8 - 9|
|Notes continued - AnalysisofIncome|1 O|
|Notes continued - AnalysisofExpenditure|11|
|Notes continued - Staff Costs, Trustee Expenses, Tangible Assets|12|
|Notes continued - Debtors, Creditors&Liabilities|13|
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|**Registered Office**|42 Carisbrooke Road||
|---|---|---|
||Newport||
||IsleofWiQht||
||PO301BW||
|**Trustees**|**Namesofcharity trustees who manage the charity:**||
||Mrs Sue Biss|Federation Chairman|
||Mrs Georgina Moon|Federation Secretary - From July 24|
||Mrs Hazel Breach|Federation Treasurer|
||Mrs Dorothy Maskell, MBE||
||Mrs Valerie Andrew||
||Mrs Liz Groves||
||Mrs Carol Jones||
||Mrs Lindsay Rowlands||
||Mrs Carys Gladdish||
||Mrs Sandra Singleton||
||Mrs Teresa Reed||
||Mrs Janet Kay||
|**Independent Examiner**|Tracie Wilson MICB, AATQB,PMDip||
||Ms Friday Accountancy Services Ltd||
||Registered Office Address: Onward Business Hub||
||College Close||
||Sandown||
||IsleOfWight||
||PO36 8EB||
|**Banking**|Barclays Bank||
||6-8 High Street||
||Ringwood||
||BH241BZ||
||Santander||
||21Prescot Street||
||London E 1 8AP||
||CCLA||
||Senator House||
||85 Queen Victoria Street.||
||London EC4V 4ET||
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|||**Unrestricted**|**Unrestricted**|||
|---|---|---|---|---|---|
||||**Funds**|**Total Funds**|Last Year|
||||**2024**|**2024**|2023|
|**Income**|Note||**Total£**|**Total£**|Total£|
|**Income from Charitable Activities**|3|||||
|Subscriptions CFWIIW|||11,068.57|**11,068.57**|11,277.40|
|Trustee Events|||4,304.70|**4,304.70**|5,145.60|
|Sub Committee's|||4,816.15|**4,816.15**|381.91|
||||**20,189.42**|**20,189.42**|16,804.91|
|**Income from Other Trading Activities**|3|||||
|Fundraising|||7,235.13|**7,235.13**|8,622.16|
|Charitable Trading Activities|||1,251.00|**1,251.00**|707.88|
||||**8,486.13**|**8,486.13**|9,330.04|
|**Investment Income**||||||
|Interest Received|3||**3,682.87**|**3,682.87**|2,226.15|
||||||---|
|**Total Income**|||**32,358.42**|**32,358.42**|28,361.10|
|**Agency Collections NFIW Subs**|3||**11,579.83**|**11,579.83**|11,964.35|
|**Income with NFWI Subscriptions**|||**43,938.25**|**43,938.25**|40,325.45|
|**Ex~nditures**||||||
|**CostsofRaising Funds**|4|||||
|Fundraising and Appeals|||1,875.20|1,875.20|1,991.74|
|Trading Materials|||1,049.60|1,049.60||
|**Charitable Activities**|4|||||
|Trustee Events|||4,353.14|4,353.14|7,438.54|
|Sub- Committee's|||2,497.09|2,497.09||
|**Affiliation Fees**|4||150.00|150.00|186.00|
|**Support Costs**|4||16,265.85|16,265.85|15,654.54|
|**Total Expenditures**|||**26,190.88**|**26,190.88**|25,270.82|
|**Agency Collections Paid**|4||11,605.47|11,605.47|12,048.62|
|**Expenditures with NFWI Subscriptions**|||**37,796.35**|**_____EJ_~.35**|37i319.44|
|**NetofIncome/Expenditure (before revaluations)**|5||**6,141.90**|**6,141.90**|3,006.01|
|||---||||
|**Net MovementofFunds for the year**||--|**6,141.90**|**6,141.90**|3,006.01|
|**Total Funds b/fwd 1st January 2024**|||**304,670.34**|**304,670.34**|301,664.33|
|Prior Year Gains_I_(losses) on revaluationsoffixed assets||||||
|**Total Funds c/fwd 31st December 2023**|||**310,812.24**|**310,812.24**|304,670.34|
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|**AnalysisofIncome**|**2024**|2023|
|---|---|---|
||£|£|
|**Charitable Activities**|||
|Subscriptions|£9,754.57|9,855.90|
|Insurance|£1,314.00|1,421.50|
||**£11,068.57**|11,277.40|
|**AGM**|£3,353.00|4,012.50|
|**ACM**|£873.70|681.10|
|Denman Dip|£78.00||
||**4,304.70**|4,693.60|
|Craft, Arts&Leisure|£981.19|12.07|
|Catering|£24.64|221.36|
|Membership|£3,810.32|148.48|
|Donation||2,000.00|
|Rate Refund||200.88|
||**4,816.15**|2,582.79|
|**Other Trading Activities**|||
|Fundraising|||
|Commission on WI Raffle|£134.79|152.69|
|Agricultural Show|£5,520.35|4,872.17|
|Go Electric Event||677.30|
|150 Club|£1,310.00|920.00|
|Room Hire|£269.99|170.00|
|**Trading Activities**|**7,235.13**|6,792.16|
|Stationery & Diary Sales|107.00|153.00|
|Federation News|930.00|452.00|
|IWCFWI Sales|214.00|184.00|
||**1,251.00**|789.00|
|Interest Receivable|**£3,682.87**|2,226.15|
|**Income**|**32,358.42**|28,361.10|
|**Subscriptions collected on behalfofNFWI**|**£1_1_,579.83**|11,964.35|
|(Agency Collections)|||
|**Total Income**|**43,938.25**|40,325.45|
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|**AnalysisofExpenditure**|||**2024**|**2023**|
|---|---|---|---|---|
||||£|£|
|**Expenditure on raising funds:**|||||
|AgriculturalShow||£1,255.20||£1,314.04|
|150 Club|||£620.00|£520.00|
|GoElectricEvent||||£157.70|
|||**£1,875.20**||£1,991.74|
|**ExpenditureonCharitable Activities**|||||
|Federation News|||£731 .00|£443.43|
|WIEStationery & Diaries|||£230.40|£132.30|
|IWCFWICostofSales|||£88.20||
|||**£1 ,049.60**||£575.73|
|AGM||£2,569.40||£4,006.60|
|**ACM**||£1,298.54||£821.07|
|Federation Events|||£385.20|£180.00|
|Denman Diploma|||£100.00||
|||**£4,353.14**||£5,007.67|
|Craft|||£816.61|£13.95|
|Catering|||£262.24|£345.03|
|Membership||£1,298.20||£1,231.23|
|Centenary||||£44.40|
|Archivists|||£120.04||
|||||--|
|||**£2,497.09**||£1,634.61|
|**Affiliation Fees**|||||
||||--|--|
|Subscriptions & Affiliation|fees||**£150.00**|£186.00|
|**Other Support**|||||
|Rates&WaterRates||£1,505.82||£1,562.47|
|Heat & Light|||£2,432.07|£2,343.50|
|Insurance||£3,588.37||£3,539.51|
|Travel Expenses||£2,963.14||£2,790.54|
|Telephone & Internet|||£645.58|£530.48|
|Equipment Rental, Repairs&Maintenance|||£854.73|£916.52|
|House Repairs&Maintenance|||£761.61|£427.03|
|House Cleaning & General||£1,234.13||£1,110.01|
|Computers & Software|||£281.19|£288.78|
|Office Stationery|||£329.50|£209.74|
|ProfessionalFees|||£533.10|£375.00|
|Training|||£69.40|£20.00|
|BankCharges/Sum-up|||£32.73|£32.54|
|Postage|||£15.65|£10.79|
|Depreciation|||£1,390.83|£1,457.41|
|Stock Adjustment|||-£372.00|£260.75|
|||**£16,265.85**||£15,875.07|
||**Expenditures**|**£26,190.88**||£25,270.82|
|**Subscriptions paid on behalfofNFWI (Agency)**||**£11,605.47**||£12,048.62|
|||-|||
|**Total Expenditure**||**£37,796.35**||_g7,319.44|
|**Note 5 - NetIncome/(Expenditure)**|||**£6,141.90**|£3,006.01|
|This is stated after charging:|||||
|Depreciationoftangible fixed assets,|||||
|owned by the charity|||**£1,390.83**|£1,457.41|
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|**Note**|**6 - Support Staff Costs**|**2024**|2023|
|---|---|---|---|
|||£|£|
|Total|Staff Costs|Nil|Nil|
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||||**2024**|2023|
|---|---|---|---|---|
||||£|£|
|TypeofExpenses Reimbursed|||||
|Travel|||2,963.14|2,790.54|
||**Freehold Land**
&**Buildings**|**Fixtures**&
**Fittings,**
**Equipment**|**Total Funds**
**2024**|**Total Funds**
**2023**|
|**Costorvaluation**|£|£|£|£|
|Asat1st January 2023|245,000.00|15,914.02|260,914.02|260,344.23|
|Additions|-|670.32|670.32|569.79|
|Disposals|||||
|Revaluation|||||
|Asat31st December 2023|**245,000.00**|**16,584.34**|**261,584.34**|260,914.02|
|**Depreciation**|||||
|Asat1st January 2023|-|13,970.82|13,970.82|12,513.41|
|Charge for the year||1,390.83|1,390.83|1,457.41|
|Disposals|||||
|Asat31st December 2023|-|**15,361.65**|**15,361.65**|**13,970.82**|
|**Net Book Value**|||||
|As at 31st December 2024|**245,000.00**|**1,222.69**|**246,222.69**|246,943.20|
|Asat31st December 2023|245,000.00|1,943.20|246,943.20|247,829.00|
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|Analysis of debtors|**2024**|**2023**|
|---|---|---|
||£|£|
|Trade Debtors|133.00|120.81|
|Prepayments|845.33|725.33|
||978.33|846.14|
|**Note 10 - Creditors and Accruals**|||
|Amounts falling due within one year|||
|Analysis of creditors|**2024**|**2023**|
||£|£|
|Trade creditors|289.58|181.84|
|Accruals - Independent exam|375.00|375.00|
|Other Creditors|-|-|
|Other Accruals and Deferred income|-|-|
||664.58|556.84|
|Amounts falling due over one year|||
|Other Creditors|93,172.93|5,489.27|
|**Note11- Cash at bank andinhand**|**2024**|**2023**|
||£|£|
|Cash at bank and on hand|156,932.73|62,783.11|