|||||Page|| |---|---|---|---|---|---| |Report ofthe|Trustees||1|to|3| |Independent|Examiner's|Report|||| |Statement of|Financial|Activities|||| |Balance Sheet|||||| |Notes to the|Financial Statements||7|to|13| |Detailed Statement ofFinancial Activities|||14|to|15| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||fo|r the Year End|ed 31 October|2020||| |---|---|---|---|---|---|---| ||||||2020|2019| |||Unrestricted|Restricted|Endowment|Total|Total| |||fund|funds|fund|funds|funds| ||Notes|6|6|6|6|| |INCOME AND ENDOWMENTS||||||| |FROM||||||| |Donations
and legacies||38,282|||38,282|44,663| |Charitable
activities||||||| |Supporting
Wl Branches||8,909|||8,909|12,519| |Other trading
activities
Investment
income
Other income||8,411
3,030
4,734|||8,411
3,033
4,734|37,030
3,162| |Total||63,366|||63,369|97,374| |EXPENDITURE ON||||||| |Raising funds|4|29,690|||29,690|46,032| |Charitable
activities||||||| |Supporting
Wl Branches||36,508|||36,508|55,492| |Total||66,198|||66,198|101,524| |Net gains/(losses)
on||||||| |investments||(4,702)|||(4,702)|7,321| |NET INCOME/(EXPENDITURE)||(7,534)|||(7,531)|3,171| |RECONCILIATION
OF FUNDS||||||| |Total funds brought forward||197,167|4,910||202,077|198,906| |TOTAL FUNDS CARRIED||||||| |FORWARD||189,633|4,913||194,546|202,077| ## |||31Oc|tober 2020|||| |---|---|---|---|---|---|---| ||||||2020|2019| |||Unrestricted|Restricted|Endowment|Total|Total| |||fund|funds|fund|funds|funds| ||Notes|6||||6| |FIXEDASSETS||||||| |Tangible assets
Investments||2,273
103,325|||2,273
103,325|2,673
114,898| |||105,598|||105,598|117,571| |CURRENT ASSETS||||||| |Stocks|10|440|||440|1,819| |Debtors
Cash at bank and in hand|11|2,125
82,780|4,913||2,125
87,693|2,125
81,782| |||85,345|4,913||90,258|85,726| |CREDITORS||||||| |Amounts
falling due within one
year|12|(1,310)|||(1,310)|(1,220)| |NET CURRENT ASSETS||84,035|4,913||88,948|84,506| |TOTAL ASSETS LESS||||||| |CURRENT LIABILITIES||189,633|4,913||194,546|202,077| |NET ASSETS||189,633|4,913||194,546|202 077| |FUNDS|13|||||| |Unrestricted
funds
Restricted
funds|||||189,633
4,913|197,167
4,910| |TOTALFUNDS|||||194,546|202,077| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||||||||2020|2020|2019|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||6||6|| |Deposit account interest|||||||||||||349||335|| |Investment
income|||||||||||||2,684||2,827|| ||||||||||||||3,033||3,162|| |RAISING FUNDS||||||||||||||||| |Investment
management||costs||||||||||||||| ||||||||||||||2020||2019|| ||||||||||||||6||5|| |Portfolio management|||||||||||||1,555||1,626|| |TRUSTEES' REMUNERATION||||AND|BENEFITS|||||||||||| |There were
no trustees'||remuneration||||or|other benefits|||for the year ended||31 October||2020 nor|for the|yea| |ended 31 October 2019.||||||||||||||||| |Trustees' expenses||||||||||||||||| ||||||||||||||2020||2019|| ||||||||||||||6|||| |Trustees' expenses|||||||||||||460||822|| |In addition 60(2019if575)was||||paid to||trustees to||cover||travel and meeting expenses|||in the year.|||| |STAFF COSTS||||||||||||||||| |The average
monthly|number||ofemployees||||dunng|the|year was as follows.|||||||| ||||||||||||||2020||2019|| |Admimstration||||||||||||||3|3|| |No employees
received emoluments|||||m|excess of||f60,000.||||||||| |COMPARATIVES FOR THE STATEMENT|||||||OF FINANCIAL ACTIVITIES|||||||||| |||||||||Unrestricted|||Restricted||Endowment||Total|| ||||||||||fund||funds||fund||funds|| ||||||||||||f|||6|6|| |INCOIIIIE AND ENDOWMENTS||||FROM||||||||||||| |Donations
and legacies|||||||||44,662||||||44,663|| |Charitable
activities||||||||||||||||| |Supporting
Wl Branches|||||||||12,519||||||12,519|| |Other trading
activities|||||||||37,030||||||37,030|| |Investment
income||||||||||3,158|||||3,162|| |Total|||||||||97,369||||||97,374|| |EXPENDITURE ON||||||||||||||||| |Raising funds|||||||||46,032||||||46,032|| |Charitable
activities||||||||||||||||| |Supporbng
Wl Branches|||||||||55,492||||||55,492|| |Total||||||||101,524|||||||101,524|| ||||||||Pa|e8|||||||continued.|..| ## ## ||Notes to the Financial Statements
-continued
for the Year Ended 31 October 2020|Notes to the Financial Statements
-continued
for the Year Ended 31 October 2020|Notes to the Financial Statements
-continued
for the Year Ended 31 October 2020|Notes to the Financial Statements
-continued
for the Year Ended 31 October 2020|Notes to the Financial Statements
-continued
for the Year Ended 31 October 2020|| |---|---|---|---|---|---|---| ||COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||||| ||||Unrestricted|Restricted|Endowment|Total| ||||fund|funds|fund|funds| ||||6||6|8| ||Net gains on investments||7,321|||7,321| ||NET INCOME||3,166|||3,171| ||RECONCILIATION|OF FUNDS||||| ||Total funds brought forward||194,001|4,905||198,906| ||TOTAL FUNDS CARRIED FORWARD||197,167|4,910||202,077| |8.|TANGIBLE FIXEDASSETS|||||| |||||Fixtures||| |||||and|Computer|| |||||fittings|equipment|Totals| |||||6|8|8| ||COST|||||| ||At 1 November 2019and 31 October 2020|||7,732|2,824|10,556| ||DEPRECIATION|||||| ||At 1 November 2019|||6,236|1,647|7,883| ||Charge for year|||224|176|400| ||At 31 October 2020|||6,460|1,823|8,283| ||NET BOOK VALUE|||||| ||At 31 October 2020|||1,272|1,001|2,273| ||At 31 October 2019|||1,496|1,177|2,673| ||FIXEDASSET INVESTMENTS|||||| ||||||Cash and|| |||||Listed|settlements|| |||||investments|pending|Totals| |||||8|8|8| ||MARKET VALUE|||||| ||At 1 November 2019|||112,417|2,481|114,898| ||Additions|||20,981||20,981| ||Disposals|||(27,567)|(8,000)|(35,567)| ||Revaluations|||(4,702)|7,715|3,013| ||At 31 October 2020|||101,129|2,196|103,325| ||NET BOOK VALUE|||||| ||At 31 October 2020|||101,129|2,196|103,325| ||At 31 October 2019|||112,417|2,481|114,898| ## |10.|STOCKS|||||||| |---|---|---|---|---|---|---|---|---| ||||||||2020|2019| ||||||||6|6| ||Stocks||||||440|1,819| |11.|DEBTORS:AMOUNTS||FALLING||DUE WITHIN ONE YEAR|||| ||||||||2020|2019| ||||||||6|6| ||Prepayments|and accrued||income|||2,125|2,125| |12.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||| ||||||||2020|2019| ||||||||6|6| ||Other creditors||||||1,310|1,220| |13.|MOVEMENT|IN FUNDS||||||| ||||||||Net|| |||||||At|movement|At| |||||||1/11I19|in funds|31/10/20| ||||||||6|6| ||Unrestricted|funds||||||| ||General
fund|||||197,167|(7,534)|189,633| ||Restricted funds|||||||| ||Lady Giles Bursary
Hargreaves
Bursary|||||622
389||622
389| ||Holland
Bursary
Mary Porter Bursary
Myrtle Harris Bursary|||||1,569
548
280||1,571
548
280| ||M D Nussey
E M Munson|Bursary
Bursary||||1,157
345||1,158
345| |||||||4,910||4,913| ||TOTAL FUNDS|||||202,077|(7,531)|194,546| ||Net movement
in funds,||included||in the above are as follows;|||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources|expended|losses|in funds| ||||||E|6|6|6| ||Unrestricted|funds||||||| ||General fund||||63,366|(66,198)|(4,702)|(7,534)| ||Restricted funds|||||||| ||Holland
Bursary|||||||| ||M D Nussey|Bursary||||||| ||TOTAL FUNDS||||63,369|(66,198)|(4,702)|(7,531)| ## ## ## ## |||||||Net|| |---|---|---|---|---|---|---|---| ||||||At|movement|At| ||||||1/11/18|in funds|31/10/19| ||||||8|6|8| |Unrestricted|funds||||||| |General
fund|||||194,001|3,166|197,167| |Restricted funds|||||||| |Lady Giles Bursary|||||622||622| |Hargreaves|Bursary||||388||389| |Holland
Bursary|||||1,568||1,569| |Mary Porter|Bursary||||547||548| |Myrtle
Harris|Bursary||||279||280| |M D Nussey|Bursary||||1,156||1,157| |E M Munson|Bursary||||345||345| ||||||4,905||4,910| |TOTAL FUNDS|||||198,906|3,171|202,077| |Comparative|net movement|in funds,|included|in the above are as follows|||| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| |||||E||6|6| |Unrestricted|funds||||||| |General
fund||||97,369|(101,524)|7,321|3,166| |Restricted funds|||||||| |Hargreaves|Bursary||||||| |Holland
Bursary|||||||| |Mary Porter|Bursary||||||| |Myrtle
Harris|Bursary||||||| |M D Nussey|Bursary||||||| |TOTAL FUNDS||||97,374|(101,524)|7,321|3,171| ## ## ## ## |A current year 12months
and prior year 12 m|onths
combined
position
is as follo|ws:|| |---|---|---|---| |||Net|| ||At|movement|At| ||1/11/18|in funds|31/10/20| |||6|6| |Unrestricted
funds|||| |General
fund|194,001|(4,368)|189,633| |Restricted funds|||| |Lady Giles Bursary
Hargreaves
Bursary
Holland
Bursary
Mary Porter Bursary
Myrtle Harris Bursary
M D Nussey
Bursary
E M Munson
Bursary|622
388
1,568
547
279
1,156
345||622
389
1,571
548
280
1,158
345| ||4,905||4,913| |TOTAL FUNDS|198,906|(4,360)|194,546| |A current ye
as follows:|ar 12 months
and prior|year 12 months
combined
n|et movement
in f|unds,
included
i|n the above
a| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |||E|E||6| |Unrestricted|funds||||| |General
fund||160,735|(167,722)|2,619|(4,368)| |Restricted funds|||||| |Hargreaves|Bursary||||| |Holland
Bursary|||||| |Mary Porter|Bursary||||| |Myrtle Harris|Bursary||||| |M D Nussey|Bursary||||| |TOTAL FUNDS||160,743|(167,722)|2,619|(4,360)| ## ## ## ## ## ## ## ## ## ## ## ## ||for the Year Ended 31|October 2020|| |---|---|---|---| |||2020|2019| |||6|6| |INCOME AND ENDOWMENTS|||| |Donations
and legacies|||| |Affiliation fees||38,223|44,582| |Donations||59|81| |||38,282|44,663| |Other trading activities|||| |Trading
Income||2,918|3,425| |Members
Advisory
Income||513|1,444| |Board ofTrustees Income||1,546|8,466| |Take a Chance Club Income||920|1,090| |Wl News Income||204|194| |Creatwe,
Craft, Sports & Leisure||292|2,153| |Public Affairs Income|||4,771| |Sundry Income and Reimbursements||2,018|4,808| |Lincolnshire
Show Income|||10,679| |||8,411|37,030| |Investment
income|||| |Deposit account interest||349|335| |Investment
income||2,684|2,827| |||3,033|3,162| |Charitable
activities|||| |Annual
meeting||4,738|7,661| |Council meeting
income||3,949|4,684| |Federation
Denman
income||222|174| |||8,909|12,519| |Other income|||| |COVID grant||4,250|| |CJRS income||484|| |||4,734|| |Total incoming
resources||63,369|97,374| |EXPENDITURE|||| |Other trading activities|||| |Affiliation fees —NFWI||20,775|24,233| |Public affairs expenses|||3,319| |Creative,
Craft, Sports & Leisure||1,244|1,258| |Members
Advisory
Events Costs||459|237| |Board ofTrustees expenditure||633|5,384| |Trading expenditure||5,024|3,057| |Lincolnshire
show costs|||6,918| |||28,135|44,406| |Investment
management|costs||| |Portfolio management||1,555|1,626| ## ## |||for the Year Ended 31 Octo|ber 2020|| |---|---|---|---|---| ||||2020|2019f| |Investment
management||costs||| |Charitable
activities||||| |Trustees' expenses
Salaries 8 pension costs
Insurance
Telephone
Postage and stationery
Sunddies|||460
15,799
1,003
1,007
3,913
305|822
20,987
932
1,008
7,319
153| |Office rent
Repairs and renewals
Oflice machine maintenance|||8,485
449
45|8,500
581
35| |Annual
meeting
Counixl meeting costs
Federation
Denman costs|||2,411
455|5,713
3,442
455| |Delegates and representatives
expenses
Training costs||||2,410
988| |Wages admin|||275|275| |Fixtures and fittings|||224|264| |Computer
equipment|||177|208| ||||35,008|54,092| |Supportcosts||||| |Governance costs||||| |Auditors'
remuneration|||1,500|1,400| |Total resources expended|||66,198|101,524| |Net expenditure
before|gains and losses||(2,829)|(4,150)| |Realised recognised
gains and losses||||| |Realised gains/(losses)|on|fixed asset||| |investments|||(4,702)|7,321| |Net (expenditure)/income|||(7,531)|3,171|