2021-10-31-accounts

Legal status
Glamorgan	Federation		of Women's Institutes is a Charitable Trust and is registered			with the
Charity Commissioners.
Charity Registration		Number:		232102
Principal Office:				Glamorgan Federation ofWomen's Institute
				13Courtland Place
				SA131JJ
Trustees:				Ann Device, Port Talbot WI (Chairman Retired	April	2021)
				Carol Atkinson, Ogmore Valley WI (Chairman	April 2021)
				Claire Atherton, Creigiau WI (Treasurer)
				Sandra Davidson, Coychurch WI (Vice Chairman May 2016)
				Carolyn Device, Pontydun W I(Vice Chairman	June 2021)
				GiE Ireland, Margam WI (Resigned March 2021)
				Barbara Bownng, Barry Wl (Elected May 2020)
				Carole Evans, Catwg WI (Resigned December 2020)
				Jane Exell, Pengyn gr District WI (Retired April	2021)
				Daphne Furneaux, Llandewi with Knelston WI	(Elected May 2020)
				Gloria Jones, Port Talbot WI (Co-opted January	2019)
				Marilyn McNeil, Cimla WI (Resigned October 2021)
				Diane Powell, Carnegie Girls WI (Elected May	2020)
				Dawn Storie, Laleston WI (Co-opted May 2018)
				Myra Thomas, Upper Killay WI (Elected May 2016)
				Pam Dinham (Chairman Membership Support	Committee
				October 2020) Ex officio
				Ann Lydiard (Chairman Membership Support	committee
				(Resigned July 2020)) Exofgcio
Bankers:				Bank ofScotland PLC
				P.O. Box10
				33St.Andrew Square
				EH2 2YR
Accountants:				Harries Watkins gr Jones Ltd
				Chartered Accountants
				IA Chamwood Park
				Bridgend
				CF313PL

Year ended 31st Octobe	r 2021
			Unrestricted	Restricted	Total		Total
			funds	funds	funds		funds
			2021	2021	2021		2020
Income and endowments	from:
Donations and legacies
Donations			205			205
			205			205
Investmentincome
Bank/building society interest			295			295	1,010
			295			295	1,010
Other trading activities
NFWI raffle income			178			178
500 club
WI Enterprises sales			3,128		3,128		4,105
WI stationery sales			467			467	494
					3	773	4,599
Charitable activities
Afflflation fees			39,595		39395		44,449
Pooling offares							2,808
Federation newsletter			884			884	3,805
Events, functions and schools		2	7,355		7,355		36,160
Federations ofWales			51			51
ACWW project			50			50	72
Annual general meeting			(50)		(50)		100
Lottery grant income
Suspended WI's		10		4,995	4,995
			47,885	4,995	52,880		88,053
Total incoming resources			52,158	4,995	57,153		93,887

Year ended 31stOctober	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
						6
Expenditure on:
Raising funds
500dub			120		120	210
WI enterprises payments			6,767		6,767	3,367
WI stationery payments			445		445	708
			7332		7,332	4,285
Charitable activities
ABiliation fees			15,372		15,372	11,258
Pooling offares
Federation newsletter			10,155		10,155	10,401
Events, functions and schools			13,926		13,926	52,546
Federations ofWales			10		10	34
ACWW project
Annual general meeting			50		50
			39413		39,513	75,750
Total expenditure			46445		46g45	80,035
Net gains/(losses) on investments			(2,111)		(2,111)	1,013
Net income/expenditure			3,202	4,995	8,197	14465
Other recognised gains/gasses)
Gains/(losses) on revaluation	of Rxed assets	6				10,106
Net movement in hmds			3,202	4,995	8,197	24,971
Reconciliation offunds:
Total funds brought forward			343,311	13,705	357,016	332,045
Total funds canied forward			346313	18,700	365,213	357,016

			2021	2020
			6
Fixed Assets
Tangible Assets			96,429	97,441
Investments			38,003	40,114
			134,432		137,555
Current Assets
Stocks			1,975	3,926
Debtors				2,437
Bank deposit	accounts		172,142	132,753
Bank current	account		75,967	99,525
Cash in hand			31	59
			250,115	238,700
Creditors: amounts falling due
within one year		9	19,334	19,239
Net Cunent	assets		230,781		219,461
Net Assets			365,213		357,016
The funds of the charity
Restricted income hmds		10	18,700		13,705
Unrestricted	funds
Unrestricted	income fmads		334,926	331,724
Revaluation	reserve		11,587	11,587
Total unrestricted hmds			346,513		343,311
Total charity	funds		365,213		357,016
Approved by the trustees on..lt.		..APTt	k.~d signed on their	behalf.

			2021		2020
Board ofTrustees events receipts			3,340		24,581
Expenses					24448
Combined	arts				3,950
Expenses					5,403
						(1,453)
Home economics and crafts
receipts					689
Expenses			97		469
				(97)		220
public affairs receipts
Expenses					235
						(235)
Membership	support	committee			1,512
Expenses			676		1,969
				(676)
Sport and leisure receipts			2,615		3,983
Expenses			2,078		3,657
				537		326
Shows receipts					785
Expenses			155		776
				(155)
House management		income
					98
Exp erases
						(98)

Glamorgan	experience	income	1,400
Expenses			71
				1,329
Total events	income		7,355		35400
Total events	expenditure		3,077		37,155
Plus support	costs		10,102		12,536
Plus governance costs			747		1,865
Total events	expenditure		13,926		glg56
				(6,571)		(16,056)

Staff Costs
		2021	2020
Salaries and wages		15,336	15,038
Social secttrity costs
Pension costs (defined contribution	scheme)
Other employee benefits
Total staff costs		15,336	15,038

Fundraising
Charitable	Activities
Governance
Other

2021		2020
	1		1

Accountancy	fees tndudes the following am	ounts payable in rel	ation to.-
		2021	2020
Independent	examination	1,350	1,286
Accountancy	and taxation services	1,590	1,516
		2,940	2,802

		2021	2020
		6
Chairman's	expenses	22		51
Treasurer's	expenses			120
Board oftrustees expenses		849		648
		871		819

6	Fixed	assets		Freehold
				Land &	Office	Furniture &	Total
				buildings	equipment	Fittings
				6
		Cost and valuation
		At 1November	2020	95,000	4,412	17,037	116,449
		Revaluation
		Additions
		At 31October 2021		95,000	4,412	17,037	116,449
		Depreciation
		At 1November	2020		4,412	14,596	19,008
		Charge for the	year			1,012	1,012
		At 31October 2021			4,412	15,608	20,020
		Net book value
		At 31October 2021		95,000		1,429	96,429
		At 1November	2020	95,000		2,441	97,441

The trustees have invested in a charity fixed in	terest unit trust
	2021	2020
Valuation at 31October 2021	38,003	40,114
Market value at beginning ofyear	40,114
Net gain / floss) on revaluation	(2,111)
Market value at end ofyear	38,003

ors
	2021	2020
Trade creditors and deferred income	3,714	3,714
Accruals	3,040	2,952
Social Security taxes	12,580	12,573
	19334	19,239

cted Funds
	2021	2020
Funds held within the Bank of Scotland event
account
Group Benevolent Fund	2,251	2,251
Suspended WI's	12,507	7,512
Agnes Salter travel fund	491	491
Denman dip	676	676
Urban tree project	12	12
Walking netball fund	1,035	1,035
AGM pooling of fares 2020/21	1,728	1,728
	18,700	13,705

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Analysis ofmovement	s in unrestricted f	unds
	Fund						Fund
	balances						balances
	brought				Gains and		carried
Fund names	forward	Income	Expenditme	Transfers		losses	forward
		6	8	6		6	6
General fund	341,311	52,158	( 46,845)	-	-	2,111	346,513
Total	343,311	52,158	( 46,845)			2,111	346,513

Analysis ofmovements in re	stricted fund	s
	Fund					Fund
	balances					balances
	brought				Gains and	carried
	forward	Income	Expenditure	Transfers	losses	forward
	f,	6	6	6		f.
Group Benevolent Fund Suspended WI's Agnes Salter travel fund Denman dip Urban tree project Walking netbag fund AGM pooling of fares 20/21 Total	2,251 7,512 491 676 12 1,035 1,728 13,705	4,995 4,995				2,251 12407 491 676 12 1,035 1,728 18,700