2022-10-31-accounts

Legal status
Glamorgan	Federation		of Women's Institutes is a Charitable		Trust and is zegistered with the
Charity Conunissioners.
Charity Registration		Number:		232102
Principal Office:				Glamorgan Federation of Women's Institute
				13Courtland Place
				SA'13 1JJ
Trustees:				Carol Atkinson, Ogmore Valley WI (Chairman)
				Dawn Storie, Laleston WI (Treasurer		elected by Board of
				Trustees May 2022)
				Sandra Davidson, Coychm'ch	WI (Vice Chairman		May 2016)
				Carolyn Device, Tonyrefail WI (Vice		Chairman)
				Claize Atherton, Creigiau WI (Stood		down as Tzeasuref in May 2022)
				Barbara Bowring, Barry WI (Elected		May 2021)
				Daphne Fuinesux, Llandgwi	with Knelston WI (Elected May 2021)
				Gloria Jones, Port Talbbt WI
				Wendy Knight, Swansea Central WI		(Elected May	2022)
				Margaret Maguire, Upper Kigay WI		(Elected May	2022)
				Diane IoweU, Carnegie Girls	WI (Resigned October 2022)
				Myra Thomas, Upper Killay WI (Elected May 2016)
				Pam Dinham (Chairman Membership		Support Committee
				October 2020) Exofficio
Bankers:				Bank ofScotland PLC
				P.O.Box10
				38St,Andrew Square
				EH2 2YR
Accountants:				Harries Watktns &Jones Ltd
				Chartered Accountants
				1AChamwood Park
				Bridgend
				CF313PL

Year ended 31st Octobe	r 2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
				6	6	6
Income snd endowments	from:
Donations and legacies Donations			158		158		205
			158		158		205
Investmentincome
Bank/building society interest			676		676		295
			676		676		295
Other trading activities NFWI raffle income			474		474		178
WI Enterprises sales WI stationery sales			3,542 752		3,542 752	3,128 467
			4,768		4,768	3	773
Charitable activities
ABiliation fees			38,817		38,817	39/95
Pooling offares Federation newsletter Events, functions and schools Federations ofWales ACWW project Annual meeting		2	68 2,479 52,419 162 50 6426		68 2,479 52,419 162 50 6426	884 7355 51 50 (50)
Lottery grant income Suspended Wys		10		1,608	1,608	4,995
			100,521	1,608	102,129	52,880
Total incoming resources			106,123	1,608	107,731	57,153

Year ended 31stOctober	2022
			Unrestricted	Restricted	Total	Total
			funds	fullds	funds	funds
			2022	2022	2022	2021
Expenditure on:
Raising funds 500dub						120
WI enterprises payments			4,127		4,127	6,767
WI stationery payments			808		808	445
			4,935		4,935	7,332
Charitable activities
Affiliation fees			10,403		10,403	15,372
Pooling of fares			487	1520	2,007
Federation newsletter			10,644		10,644	10,155
Events, functions and schools			65,835	274	66,109	13,926
Federations ofWales					22	10
ACWW pr'oject			724		724
Annual meeting			9,887		9,887	50
			98,002	1,794	99,796	39,513
Total expenditure			102,937	1,794	104,731	46,845
Net gains/posses) on investments			(9384)		(9384)	(2,111)
Net income/expenditure			(6,198)	(186)	(6,384)	8,197
Other recognised gains/fosses)
Gains/gooses) on revaluation	offixed assets	6
Net movement in funds			(6,198)	(186)	(6384)	8,197
Reconciliation of funds:
Total fimds brought forward			346413	18,700	365,213	357,016
Total funds canted forward			340315	18514	358,829	365,213

					2022		2021
					6	6	5	6
Pixed Assets
Tangible Assets					95,717		96,429
Investments					28,619		38,003
						124336		134,432
Current Assets
Stocks					524		1,975
Debtors				7	2,783
Bank deposit	accounts				195,384		172,142
Bank current	account				56,737		75,967
Cash in hand					116		31
					255,544		250,115
Creditors: amounts within one year		falling	due	9	21,051		19,334
Net Current	assets							230,781
Net Assets						358429		365,213
The funds of the charity
Restricted income		funds		10		18,514		18,700
Unrestdcted	funds
Unrestricted	income funds				328,728		334,926
Revaluation	reserve				11487		11f87
Total unrestricted		funds				340315		346,513
Total charity	funds					358,829		365,213

				2022		2021
							6
Board ofTrustees events receipts				19,030		3~0
Expenses				15,114
					3,916
Combined	arts			254
Expenses				225
					29
Home economics and			crafts
receipts				6,204
Expenses				4,407		97
					1,797		(97)
Public affairs receipts				12,468
Expenses				12,727
					(259)
Membership	support		committee
Expenses				2,421		676
					(2,421)		(676)
Sport and leisure receipts				957		2,615
Expenses				781		2,078
					176		537
Shows receipts				3,297
Expenses				2,623		155
					674		(155)
House management		income
Expenses				91
					(91)

Glamorgan	experience income	10,209		1,400
Expenses		9,422		71
			787		1,329
Total events	income	52,419		7455
Total events	expenditure	47,811		3,077
Plus support	costs	14,750		10,102
Plus governance costs		3,274		747
Total events	expenditure	65,835		13,926
			(13,416)		(6571)

Staff Costs
		2022	2021
		8
Salaries and wages		15,640	15+36
Social security costs
Pension costs (defined contribution	scheme)
Other employee benefits
Total staB costs		15,640	15,336

Funclraising
Charitable	Activities
Governance
Other

2022		2021
	1		1

Accountancy	fees includes the following am	ounts payable in rel	ation to:-
		2022	2021.
		8	6
Independent	examination	1,416	1350
Accountancy	and taxation services	1,668	15590
		3,084	2,940

		2022	2021
Chairman's	expenses	172	22
Treasurer's	expenses	118
Board ofnustees expenses		2,051	849
		2,341	871

6	Fixed	assets		Freehold
				Land &	Office	Furniture	&	Total
				buildings	equipment	Fittings
					6	6
		Cost and valuation
		At 1November	2021	95,000	4,412	17,037		116,449
		Revaluation
		Additions
		At 31October 2022		95,000	4e412	17	037	116e449
		Depreciation
		At 1November	2021		4,412	15,608		20,020
		Charge for the year					712	712
		At 31October 2022			4,412	16I320		20I732
		Net book value
		At 31October 2022		95,000			717	95,717
		At 1 November	2021	95,000		1Pgt9		96,429

rs
	2022	2021
Prepayments	2,783
	2,783

ders Investment	ders Investment
The trustees have invested in a charity fixed interest unit trust
	2022	2021
Valuation at31October 2022	28,619	38,003
Madtet value at beginning ofyear	38,003
Net gain / (loss) on revaluation	'(9384)
Market value at end ofyear	28,619

ors
	2022	2021
Trade creditors and deferred income	5,288	3,714
Accruals	3,174	3,040
Social Security taxes	12,589	12,580
	21,051	19,334

cted Funds
	2022	2021
Funds held within the Bank ofScotland event
account
Group Benevolent Fund	2,251	2,251
Suspended WI's	14,115	12,507
Agnes Salter travel fund	491	491
Denman dip	402	676
Urban tree project	12	12
Walking neth all fund	1,035	1,035
AGM pooling offares 2020/21	208	1,728
	18414	18,700

						0 4 I j)66B	0 4 I j)66B	0 4 I j)66B	0 4 I j)66B	0 4 I j)66B
		0 0 0	0		0	0	0	0	0	0	0	0
]'fw	$	PQH9C
		0I
											RE
	0I	0t	0l	f 0I		g			I	0
		0 g	0			0		0		0I
													0	I 0I

Analysis of	movements	in	unrestncted f	un	ds
			Fund									Fund
			balances								balances
			brought						Gains and		cazried
Fund names			forward	iftcome			Bkpenditure	Tzansfers	losses		forward
							6	5
General fund			346,513		106,123		( 102,937)	—		( 9384)		340,315
Total			346413		106,123		( 102,937)			( 9384)		340315
Description,	nature and	purpose ofun-restricted				funds
This fund is for use by the			charity in fulfilling		the aims ofthe charity			and to maintain		continzuty		of
service.
Analysis of movements		in	restricted funds
			Fund									Fund
			balances								balances
			brought						Gains and		carried
			forward	Income			Expenditure	Transfers	losses		forward
								5		f.
Group Benevolent Fund			2,251									2,251
Suspended WI's			12307		1,60S							14,115
Agnes Salter	travel fund		491									491
Denman dip			676				( 274)					402
Urban tree project			12									12
Walking netball fund			1,035									1,035
AGM pooling	of fares 20/21		1,728				( 1,520)					208
Total			18,700		1,608		( 1,794)					18,514