2023-10-31-accounts

Charity Registration Num	ber. 232102
Principal Office:	Glarnorgan Federation ofWomen's Institute 13 Courtland Place
	SA131JJ
Trustees:	Carol Atkinson, Ogmore Valley WI (Chairman April 2021) Dawn Storie, Laleston WI (Treasurer elected by Board of
	Trustees May 2022) (Resigned May 2023) Sandra Davidson, Coychurch WI (Vice Chairman May 2016) Carolyn Davies, Tonyrefail WI (Vice Chairman June 2021) Claire Atherton, Creigiau WI (Treasurer) (Appointed May 2023)
	Barbara Bowring, Barry WI(Bected May 2021) Daphne Fumeaux, Llandewi with Knelston WI (Elected May 2021) Gloria Jones, Port Talbot WI (Co-opted January 2019) Wendy Knight, Swansea Central WI (Elected May 2022) Margaret Maguire, Upper Killay WI (Elected May 2022) Myra Thomas, Upper Killay WI (Elected May 2016) Pam Dinham (Chairman Membership Support Committee
	October 2020) Exofficio
Bankers:	Bank of Scotland PLC
	P.O.Box10
	38St. Andrew Square
	EH2 2YR
Accountants:	Hanies Watkins gr Jones Ltd
	Chartered Accountants
	1A Chamwood Park
	8ridgend
	CF313PL

Glamorgan Federation	of' Women's Institutes
Statement ofFinancial	Activities
Year ended 31stOctober 2023			Unrestricted Restdcted			Total	Total
			funds.	funds		funds	funds
			2023	2023		2023	2022
Income and endowments	from:
Donations and legacies							158
Donations
Investment income Bank/building society interest			1,533			1,533 1433	676 676
Other trading activities NFWI raffle income WI Fnterprises sales			584 2,408 861			584 2,408 861	474 3~ 752
WI stationery sales Centenary gin sales			3,853		1,298 1498	1,298 5,151	4,768
Charitable activities Affiliation fees			41,684 970			41,684 970	38,817 68
Pooling offares Federation newsletter Events, functions and schools Federations ofWales		2	4,712 56466 5,463 152			4,712 56566 5,463 152	2,479 52,419 162
ACWW project NFWI Annual meeting Annual council meeting Suspended WI's		1,644 3,170 10 114~1			149 149	1,644 3,170 149 114410	6426 1;608 102,129
Other income VAT adjustment from prior years			12394			12394
			12394			12394
Total incoming resources			132a140		1447	133a587	107,731

Year ended 31stOctobe	r 2023
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
					6
Expenditure on:
Raising funds
Wl enterprises payments			3,764		3,764	4,127
Wl stationery payments					438	808
					4,203	4,935
Charitable adtvities
Affiliation fees			13,885		13,885	10,403
Pooling offares			(631)	208	(423)	2,007
Federation newsletter			11,705		11,705	10,644
Events, functions and schools			87,849	905	88,754	66,109
Federations ofWales			6,782		6,782
ACWW project			410		410	724
NFWI Annual meeting			. 3,625		3,625	9,887
Annual council meeting			8,657		8,657
			132,281	1113	133394
Total expenditure			136,484	1,113	137/97	104,731
Net gains/(losses) on mvestments			(213)		(213)	(9384)
Net income/expenditure			(~57)	334	(4~)	(6384)
Other recognised gains/ffosses)
Gains/Posses) on revaluation	of Bxed assets	6
Net movement in funds			(4457)	334	(~)	(6384)
Reconciliation offunds:
Total funds brought forward			340915	18414	358429	365,213
Total funds canied forward			335,758	18~8	354,606	3582)29

		2023		2022
		6	6	6	6
Fixed Assets Tangible Assets Investments		95455 28,406		95,717 28,619
			123,961		124~
Cunent Assets		460		524
Stocks Debtors Bank deposit accounts Bank current account	7	7,062 1672I17 62,626 136		2,783 195384 56,737 116
Cash in hand
		238,101
Creditors: amounts falling due within one year	9	7,455		21,051
Net Current assets			230,646		234,493
Net Assets			354,606		358829
The funds ofthe charity
Restricted income funds	10		1S,848		18314
Unresiricted hands Unrestricted income funds Revaluation reserve		324,171 11487		328,728 11~7
Total unrestricted funds			335,758		340,315
Total charity funds			354,606		358,829

			2023		2022
			6		6	6
Board ofTrustees ~s		events receipts	22,089 20,109		19,030 15,114
				1,980		3,916
Combined	arts		3,956
Expenses			3,860
				96		29
Home economics		and crafts
receipts			6,033		6,204
Expenses			5,756		4,407
						1,797
Public 38airs receipts			6,810		12,468
Expenses			6,618		12,727
				192		(259)
Membership	support committee		1,668
Expenses			3,855		2,421
				(2,187)		(2,421)
Sport and leisure receipts			5430		957
Expenses			4,482		781
				1,048		176
Shows receipts			3,702		3,297
Expenses			3,403		2,623
						674
House management		income
Expenses					91
						(91)

2	Events, fundions and schools income and expenditure	Events, fundions and schools income and expenditure
	Glsmorgan experience income Expenses	20 (20)	10,209 9,422	787
	Centenary celebrations Expenses	3,625 11,400 (7,775)
	Royal Welsh Show Expenses	3,153 5,988 (2,835)
	Total events income	56366	52,419
	Total events expenditure Plus support costs Plus governance costs Total events expenditure	65,491 16,489 5,869 87,849 (31/83)	47,811 14,750 3,274 65435	(13+16)

Staff Costs
		2023	2022
		5
Salaries and wages		15,952	15,640
Social security costs
Pension costs (defined contribution	scheme)
Other employee benefits
Total staff costs		15,952	15,640

Fundraising
Charitable	Activities
Governance
Other

2023		2022
	1.		1

		2023	2022
		6	5
Independent	examination	1554	1,416
Accountancy	and taxation services	1,836	1,668
		3ag90	3584

		2023	2022
Chairman's	expenses	139	172
Treasurer's	expenses	221	118
Board oftrustees expenses		2,874 3~	2,051 2~1

6	Fixed	assets	Freehold Land tk	Office	Furniture gc	Total
			buildings	equipment	Fittings
					6
		Cost and valuation At 1 November 2022	95,000	4,412	17,037	116,449
		Revaluation		688		688
		Additions
		At 31 October 2023	95~000	5100	17~037	117~137
		Depreciation At 1 November 2022 Charge for the year At 31 October 2023		4,412 138 4450	16,320 712 17,032	20,732 850 21482
		Net book value At 31 October 2023 At 1 November 2022	95,000 95,000	550	5 717	95+55 95,717

7	Debtors	2023	2022
	Prepayments	7,062	2,783
		7,062

ders Investment	ders Investment
The trustem have mvested in a charity fixed interest unit trust 2023		2022
Valuation at31 October 2023	28,406	28,619
Market value at beginning ofyear	28,619
Net gain / floss) on revaluation	(213)
Market value at end ofyear	28~6

tors
					2023	2022
Trade	creditors	and	deferred	income	3,714	5,288
Accru	ala				3426	3,174
Social	Security	taxes			215	12389
					7,455	21,051

ricted Funds
	2023	2022
Funds held within the Bank ofScotland event
accotmt
Group Benevolent Fund	2,251	2,251
Suspended WI's	14,264	14,115
Agnes Salter travel fund		491
Denman dip		402
Urban tree project		12
Walking netball fund	1,035	1,035
AGM pooling offares 2020/21		208
Centenary gin fund
	18~8	18414

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Analysis ofmovements	i	n urueshicted	funds
		I'und							Fund
		balances							balances
		bmught					Gains and		carried
Fund names		forward	Income		Expenditure	Transfers	losses		forward
					f
General fund		340315	132,140		( 136,484)	-		( 213)	335,758
Total		340315	132,140		(136,484)			(213)	335,'758
Description, nature and purpose ofun-restricted				hxnds
This fund is for use by the service. '		charity in ful6lling the aims			ofthe charity	and tomaintain		continuity of
Analysis ofmovements	in	restricted funds
		Fund							Fund
		balances							balances
		brought					Gains	and	canied
		forward f	Income			Transfers	losses		forward
Group Benevolent Fund Suspended WI's Agnes Salter travel fund Denman dip Urban tree project Walking netball fund AGM poohng offares 20/21 Centenary Gin fund Total		18414 2,251 14,115 491 402 12 1,035 208	1,298 1,447		(491) ( 402) ( 12) ( 208) (1,113)				2,251 14,264 1,035 1,298 18448