Registered Charlty No. 230474 SOLIHULL WOMEN'S INSTITUTE FINANCIAL STATEMENTS 31 DECEMBER 2024 Principal Address: W. l. Hall 745 Warwick Road Solihull B913DG
SOLIHULL WOMEWS INSTITUTE CONTENTS OF THE FINANCIAL STATEMENTS YEAR ENOED 31 OECEMBER 2024 Page Trustees, Rep(Jt Independent Examinevs Report Income and ExpenditLwe Account 4t06 Statement ofAssets Liaknlities Notes to the Finaal Statements 8t09 Page 1
SOUNULL WOMEN'S INSTrrvTE TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2024 As the largest women'B organisalion in the UK, the NFWI aims to offer wjmen the best opportunity to make an impact in thelr communltle5. to Influence local, nalthal and wodd issue5 vthich affect the Social. economic and environmental Ie of famlies and communities. The organisation a550 offers OFVNtunilies members to leam new and traditional skills. The Goveming Document of our W.1. is the model constitution th rules and is lodged Ihe Charity Commission. The Twstees of Solihull W.1., (Charity Reg. No. 230474) are members of the main ctNnmittee. Twstees acting during the period 1st January 2024 to 31st December 2024 wer0= MT5 Jean Jones- President (deceased) Mrs Maria Feam- Vice Presidenl-Resigned Apr 2025 Mrs Gail Patterson- Ifice PSIdent- Resigned April 2025 Mrs Pauline Clarkyon- Resigned May 2024 MTS Kathy O'malley- Treasurer Mrs OWI Hyatt- Vice President Mrs Jean Stanley- Friendship Circle Secretary Mrs Susan Hands- Seetsry Mrs Marilyn Tempest MTS Vicky Fielder- Social Secretary Miss Maggie Holloway- Resigned May 2024 Miss Kathy HiUyer- Resiqned Mav 2024 At present we have 43 members vkno enjoyed a varied programme of events during 2024, induding interesting talks on a wide range of subjects and musical aftemoons. Our Presidents lunch look place on 26th Marth and a 8urnmeT lunch on the 30th July before the August summer break. Members are also alAe lo ery'oy a monlhty Coffee Morning and Lunch Club. We moved the annual Wl outing from June to November wth a visit lo Webbs of Wychbold lo enjoy the Christmas decorations and showng. our members also enjoyed a festive Chrisknas Meal at the Core in Solihull at the end of November. Our Hall is owned by our Institute in the names of foLbr Custodian Trustees.. Mrs. OKvyn Hyatt, Mrs Susan Hands. Mrs Angela Mason and Mrs Gail Patterson. The Trustees have approved Twstees, RepNI above. Signed.. Mrs Olwyn Hyatt- VS¢• PRESIDEpir Page 2
INDEPENDENT EXAAIINERS REPORT TO THE TRUSTEES OF SOLIHULL WCWEWS WSTMITE YEAR ENDED 31 DECEMBER 2024 I report to the charity tru5t885 on my examknation of the ace(wJnts of the chanty lor the yegr ended 31 December 2024 which are set out on pages 4- 9. Respoctive rnspon8ibilTrli08 of tnte8¥ and •xamln•r As thè Charivs twsteas you are tesponsiNe for the preparation of the accounts in #CrdanC• wi¢h the re4uiTEments of the Chariues Ad 20111'ihe Arfl. l port respect of my examination of the chanll8 accoun18 Carried out $8Ction 145 of Ihe Act and in carrying out my 8xamination I have folowed al the applicable Diredions gen by the Charty Cornrnission under section 145(51(bl of Ihe Act. lTrd•pendont•xarnln•rf8 slat•ment I have completed my examinabon. I coTrfirrn th8t no Material mattof5 have cornB to ffly attention lfi connection Ihe 8xamiThats"on giwng me cause to believe Iha¢ in any material speGt.. 1. ac¢ounts"ng yerdS We not kepl in respectof Ihe charty as qued by eecbon 130 of the AGI., or 2. the a¢Unts do not act Ihose record8', or 3. the accounts do nol o)mplywlh the arvlicable requirem8nts concsming thg forn and content of ar£ounts set out in the Charities IAccoursts and R8POrtsl Regulations 2008 otherthan any requirementthat the accounts give a Irue and faif bvhKh 15 not a fflatterconsidered as partof aTr independent ex8mination. I hAve no rm$ and have come across other matters in connecion wth the examinalk)n to whith tttI shoukj be drawn w thls reportin (hdef to al>le a proper understanding of thg 8oyJunts to bg reached. Paul Mannbon F¢AFCCAISenlor SlatytoryII1Or) for4nd on behalfof BK Plus LwThted Chortered Ac¢ountsnl• ond StrrtorydltOf 2 Highknnd¥ Court Cranmoro Av•nue Solihu• We8t Alidl¥nd$ B90 4LE P8ge 3
SOLIHULL WOMEN'S INsTUTE INCOME AND EXPENDITURE A¢¢OUNT YEAR ENDED 31 DECEMBER 2024 Year ended 31.12.24 Year ended 31.12.23 INCOME VoluDtsry Incorne Receipts at meetings Full and dual memb&fS 61 2.171 195 2,254 2,232 Maln ¢ommlttee Actlvltles: - Donath"on5 1 Grant received from Feder8tion - Chri8lmas lunth - Summer lunch 250 620 243 2CKJ 727 276 1.113 1.203 Ml•celknneou8 Wl Events- Anlque8 valuation trip Wl Outings- Webbs Garden Centre Bulbs Federth"on events- skttle$ evening Iwaddeston NFWI Raffle ACWW 1200 Lottery Gift Aicl re1vable 144 345 441 153 85 104 831 124 943 Interest Rgcelvoble HMRC- Inter88t on Gift National savings bond COIF p¥imary account BrevAn Dolphin Account 295 3,923 276 146 4009 573 Dmdend Income 3.942 7,1&1 Hall Incorne 37.316 47,972 TOTAL INCOME 49,842 60,323 Page 4
SOLIHULL WOAIEN'S INSTITUTE IMCOME AND EXPENDITURE ACCOihNT ICONTINUEDI YEAR ENDED 31 DECEMBER 2024 Year ended 31.12.24 Year •ndéd 31.12.23 EXPENDITURE Note8 HO198 Speakers & meeting expenses stationery, stsrnps and telephon¢ Web site costs 870 762 1.007 2.161 40 1,186 Payments to county •nd n•llonal f•dèrnt5onB Ccrtjnty affiliation fees National affiliation fees Pooling of fares t)ats'onal and county Conln'Lwtion to blod( insuran¢e 497 576 16 31 497 580 48 1,125 Maln Commlttee Actlvltlgs: . wint Lunth . Swnfflv Lu 620 171 753 252 791 1.1x16 Iscellaneous Expenses Wl Events- AntiqL¢es valuation th"p Wl Outings- Wet*)s Gaiden Centre Bulbs FgJeTation events- Quiz nigh( skitNes, Waddesden trip NFWI raffle Bursaries Prtsfeswonal fees Portfolio man8gernt fees Depreryation ACWW 2CKJ Club 144 561 24 226 85 247 1.200 250 2,410 3,287 4,783 5.576 11.286 11.987 Hall Expenses 60.273 54,290 TOTAL EXPENDITURE 75.611 69,593 Page 5
SOLIHULL WOAIEN'S INSTITIJTE INCOME AND EXPENDITURE ACCOUNT ICONTINUEO) YEAR ENDED 31 OECEIIBER 2024 Year 8nded 31.1124 31.1123 TOTAL INCOME 49.842 60.323 TOTAL EXPENtMTURE 76.611 09,593 NET DEFICIT FOR THE PÉRIOD 12&7691 19,2701 GAIN I ILOSSI ON REVALUATION OF W4VESTMENT A8SErs 23.152 17.726 TOTAL GAIN IILOSSI RECOGNISED SWCE ThE LAST ANNUAL REPORT 12.617) V55 TOTAL FUND BROUGHT FORWAJID 607,559 689,104 TOTAL FUND CARRIED FORWARD 664,942 667,559 Page 8
SOLIHiLL WOMEN'S INSTtNTE STATEMENT OF ASSETS IND LIAEILITIES 31 DecEMBER 2024 31.12.24 31.12.23 Nots8 324.160 326,574 Tangl1 a8vt8 Freehold property Fumiture and equipment 310,249 9,462 314.099 3.257 319,711 317,356 Cash at hand and in bank Natwest Current account Lloyd$ TSB Ham account COIF pFimary ac¢ount Cash in hand 9.404 2,484 6,611 876 14,356 3,745 6,316 506 19.37$ 24.923 D•btorn 4.225 7.038 Liabiliti88 2.S19 8.332 TOTAL ASSEfs LESS LIlLE8 664.942 667,559 Unv••trl¢tsd int•me lund 664,942 667,$59 TOTAL FUNDS 884,942 867.559 These finanual statementswere apwov8d ty the ffl8mbers of the comnittee on and are signeo on theirha1[by". MIB Olwyn Hyatt Vk• PRESIDENT 151L Pa9e 7
SOLIHULLWOMEN'5 INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDEO 31 DECEMBER 2024 I. ACCOUNTING POLICIES 8asi8 of a¢countlny The financlal statents h8v8 baen prepar8d using the 8o)ual basis. Fbxed as88t8 All fixed assets a iniually tBcorded atC05L Inve8lm8nts helrl as a$6ets are revalued at the date of yearend ar1 Iha gain or1088 taken to the Incfft and E¥pEndiiurEAccounL D8preclatlon Depredab"on 55 calculated 50 SS to write off the co&t of an asset. less Its estknated residu81 value ovor Ihe useful economi¢ Ie of th81 asset as lollLWS". ehOl prrty. 1% straight line Fumilwe and eqUrnallt- 10% str•aht ling Inv88tment¥ and In¥ert In¢om• Investments a re¢ogni5ed inilially at lair value which is nonnamy transaction pri exdudiThJ transaction costs. Subsequentty, Ihey a Trasured atfair value throu Ihe SOFA rf Iha sha 8Te PullY traded orth8irfair value 01heSe be twsured relSabty. Investrw)t IncLTr 15 acwjllted in the period in the Insli&rte Is entitled to rewpL I INVESTMEfrIT Mabet Valu• Hb8torl¢al 31.12.24 31.1123 National Saving$ Bond 316,098 318,307 286.355 Cash held in invesknent account 3.052 3.267 3.052 Total 326,674 NON MONETARY ASSETS Fre8lhJld Fwn*uro & EqWpment OST At 1 January 2024 Ad(thbon8 386.0 2U79 7.931 409,479 7.931 At 31 Decerthr2024 32 417410 OEPRECIATION At l Janthary 2024 Charge lorthe p$rtod 70.901 1850 21,222 1,726 91123 &578 At 31 De¢kn8r 2024 74751 22,948 97.699 NET BOOK VALUE At 31 DKember 2024 310,249 9A62 319,711 At 1 January 2024 314.t 3.257 317.356 Page 8
SOLIHULL WOMEN'5 INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENOEO 31 DECEM8ER 2024 4. DÉYYORS 31.12.24 31.12.23 3,080 Prepayman18 and acad Ino)w 3.635 3.958 4325 5. LIABILMES 31.12.24 31.1123 749 3,418 1,770 4,914 2.519 8,332 6. HALL ACCOUNT 31.1224 31.1123 Hal lettws 37,315 37.315 47,972 47,972 EXPENSES PRS ELrICty Gas Waer Yeiaphone Rates Insuranca H811 Manager Repwiws and ma1ntvmar0 Ckaning & 98fd8Tring Haw accounts Caf pafking 5eryice$ 1.416 1,103 6,485 952 1.423 713 1.139 1.019 2,448 22.468 10,677 5.277 600 5,898 22,236 5,687 4,991 6( 6.604 10.273 54,2WJ NET SURPLUS I IDEFICIT) 122,9581 6,3181 P489