Chlrlty Regl$tritloll Number 101656
FEDERATIOY OF WOMEN'S INSTITUTES
OF NORTHEILN IRELAND
ITED FINANCIAL STATEMENT
YEAR ENDED 31 AUGUST 2025
MB MCGRADY & CO
CHARTERED ACCOUNTANTS
SUITE 2B CADOGAN HOUSE
322 LISBURN ROAD
BELFAST
BT9 6GH
TELEPHONE (028) 90316950

FEDERATION OF WOMEN'S IINSTITUTES OF NORTHERN IRELAND
YEAR ENDED 31 AU
UST 2025
Contents
Page
Charity lT]forniation
Report of the Trustees
4-10
Independent Auditovs Report
Statement of Financial Activities
16
Balance Sheet
17
Notes lo the Financial Statements
Appendix A - Income from Special Undertakings
25
Appendix B - Jncome & Expenditure from Ulster
Countrywoman Magazine
26

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
YEAR ENDED 31 AUGUST 2025
CHARITY REGISTRATION NUMBER
101656
CHAIRPERSON
Mrs Brenda Richardson
VICE CHAIRPERSON
Mrs Rosemary McAllister
HONORARY TREASURER
Mrs Hazel Mckee
TRUSTEES OF
FEDERATION HOUSE
Lady Anthony Hamilton
Mrs Hilda Stewart
REGISTERED OFFICE
2091211 Upper Lisbum Road
Belfast
BTIO OLL
AUDITORS
M.B. McGrady & Co
Suite 2B Cadogan House
322 Lisburn Road
Belfast
BT9 6GH
BANKERS
Danske Bank
Donegall Square West
Belfasl
BTI 6JS
SOLicrroRS
Diamond Heron
Diamond House
7-19 Royal Avenue
Belfast
BTI IFB
Pag¢ 3

FEDERATION OF WOMEN'S INSTIT
TES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The Trustees present Iheir Report and the Auditcd Aceounts of the Federdtion for the
year ctLdcd 31 August 2025. The financial statements, which have been prcpared under
the historical cost convention, are in ac¢ordance with ￿levant accounting standards, the
Charities Act {Northem Ireland) 2008, and thc provisions of the Statement of
Recommended Practice, "Accounting and Reporting for Charities" (FRS102).
Reference and Administrative details can be found on page 3.
The Trustees
The following Trustees served during the financial year
B Richardson (Chair)
(Appointcd 2810312024)
R McAllister {Vice Chair) {Appointcd 2810312024)
S McRandal {TreasuTer) (Resigned 2710812025)
H McKee {Treasurer}
(Appointed 2510912025)
R Farrelly
{Appoinled 1010612021)
T Feeney
(Appointed 1010612021)
R Carroll
(Appointed IOJ0612021)
A Elliott
(Appointed 2810312024)
A Hunter
(Appointed 2810312024}
E McKinty
(Appointed 2810312024)
V Little
(Appointed 2810312018)
(Appointed 2810312024)
(Appointed 2810312018)
(Appointed 2810312024)
(Appointed 2810312024)
(Deceased March 2025)
(Appointed 1010612021}
{Appointed 2810312024)
(Appointed 1010612021)
(Appointed 2810312024)
(Appointed 2810312024)
J Graham
M Mccracken
J Smyth
J Wainwright
J Kells
C Rankin
M Munro
P Robinson
M Gibson
V Mcconnell
Page 4

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Objectives and A¢tivitie$
The Federation's mission is.. "To unite in promoting any work which makes for the
betlernicnt of our homes, and the development and improvement of rural and urban life
through social and educational activities.
The purpose of the Federation is to provide an organisation and structure to enable
women to play an active and effective role in community life. This is achieved by
offering opportunitics for lifelong leaming by encouraging participation in arts,
harLdcrafts, home skills, leisure pursuits, sport and other activities.
These objectives compLy with the Charities Act (Northern Ireland) 2008 legal
requirement that all charities have purposes that are for the public benefit.
Achievements and Performance
Membership and Engagement
During the year the Federation conttnued to slabilise membership numbers and encourage
and engage new members.
Two Council meetings were held:
. Autumn Council Meeting- Mossley Mill, Newtownabbey, 26 October 2024. KeiTrote
address delivered by author and broadcaster Dr Tony MacAulay.
Annual General Meeting- Europa Hotel. Belfast, 27 March 2025. Attended by 241
members, with guest speaker Rebecca Edwards BEM. Olympic Champion Rower.
Ai both events, Federation Sub-committees displayed their worL promoting the breadth
of opportunities available to members.
Arts
. Festival of the Spoken Word - 19 October 2024, Templepatrick Presbyterian Church
Hall. 63 entries across six classes (speech, storylelling, creative writing, poety, prose)
. Annual Arts Festival 2nd Coffee Morning - 7 February 2025, Federation House.
entries included painting, calligraphy, decoupage, and handwriting on the theme
My Favourite Plaee. The judges commended the high standard of work.
Drama Festival- l March 2025, Templepatstck Presbyterian Church. Five InSti￿teS
participated in a well- received programme.
Music Festlval 5 April 2025, Templepatrick. Nice choirs competed in seven classes.
Page 5

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Balmoral
The Federation participated in the 156th Balmoral Show, held at the Eikon Centre on 14th -
17th May. The Wl exhibition area showeased arts, crafis, and baking, providing valuable
opportunities lo raise awaTene$5 and income. This event remains our second largest source of
Federation income. generating revenue of £23.966.
Home and Garden
. City of Belfgst Autum Floiver Show- 14-15th September 2024, Botani¢ Gardens. The
Wl won a rosette for best table set up, with 15 entries.
Christmas Event- November 2024, Armagh City Hotel. Over 400 members attended,
wilh demonstrations and a wide range of stalls.
Young Farmer5 Clubs of Ulster- conlinu¢d support provided for home management
ompetitions.
Wl Against Climate Change Campaign - ongoing Federation-wide initiative.
Homecraft
Syllabu5 Judging
- Occurred from October 2024 to March 2025.
Approximately 234 items entered for revicw across a variety of crafts.
Craft Classes
Held in September and November 2024 at Federation House.
- Approximately 36 participants attended.
. Balmoral Show (May)
Homecraft Committee managed a stall featuring handmade items (e.g. soft toys, blankets).
Displays were well received by the public, highlighting members, tntricate craftsmanship and
expertise.
International
. World Rural Women's Day/ AGM - 26 October 2024, Mossley Mill. Newtownabbey.
Keynote address by Nadia. a Ukrainian refjjgee now living in Dungamion. Over 100
members attcnded.
Members participated in Women Walk the World and raised fimds for ACWW projects.
Magazlne and Leisure
. Continued publication of The Ulster Countrywoman . approximately 15,000 copies per
Competitions included the Fireside Quiz. Scrapbook, Phyllis Galley Literary, and the annual
photographic competition (On its Own ) which achieved record entries.
Sports evenls.. 17 areas competed in bowling finals, 18 teams in the qiiiz compelition and
the Golfer of the Year was hosted at Greens Acres Golf CeT]tre, Ballyclare.
Pagc 6

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Public Beneflt Statement
Thc Trustecs confimi they have complied with the requirements of the Charities Act 2008
(Northern Ireland) to have due regard to the Charity Commission of Northeni Ireland's
guidance on public benefit. All activities undertaken during the year were designed io further
the Federation's charitable purposes and delivered clear public benefit through education.
community engagement. and personal development opportunities for women woss
Northcrn Ireland.
Structure, Governonce and Management
The Federation is comprised of125 insti￿teS across 21 Areas, with Approximately 3,462
members. Each Institute operates in accordance with th¢ Federalion s Conslifi4tion and Rttles
for WoineJY'S Jnslitules 2019.
The council (Comprisiiig delegates from ¢a¢h institute) sets policy. Day-to-day athninistration
is carried out by the Executive Committee, whose elected members serve as Trustees.
The Federation is represented on the Women's Fonlln and is a member of NICVA. It
maintains close lies with the Ulster Farn]er's Union and the Young Farrners, Clubs of Ulster.
Training and induction are available to all Trustees.
The Federation is also an active member of the Associated County Women of the World
(ACWW), and international NGO with United Nations consultative status.
An executive member will serve a three-year tenn and subject to their consent must be
nominated by their Institute. They are eligible for re-election for a further terni of three years.
They must attend an Executive Committee meeting, at Federntion House, on the last Thursday
of every month excluding June. July and December or as necessary.
Each Executive Member must serve on at least one Sub- Comrnittee and be available to
attend its monthly meeting and support any relevant activities such as festivals and one4lay
schools and they must support all Federation activities during their terrn of office as well as
carrying out duties within their area.
As the Federation is a charity registeied with the Northem Ireland Charity Commission, the
Executive members are also the TNstees of the Federatson.
Page 7

FEDEIL4TION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Financial Revfiew
The Trustees have assessed the Federation's financial posilioii and future plans and
consider that there are no material uncertainties regarding the Federation's abilily to
continue as a going concern. The financial statements have therefore been prepared on
going concern basis. The Trustees are confident that ihe Federation has adequate
resources io meet its obligations and continue its charitable activities for the foreseeable
future.
Total incoming resources for the year ended 31 August 2025 were £170,195 (2024..
£163,966)
Total expenditure was £129,823 {2024- £138,959) resulting in a net sU￿lUS of £40,372,
compared with a surplus of £25,007 in the previous year.
Reserves at 31 August 2025 stood at £357,520 (2024.. £315,570).
Remuneration of Key Management
The lotal remuneration paid to key management personnel during the year was £42,576.
Key management personnel include the Executive Manager and other senior staff responsible
for the day to day njnning of the Federation.
Reserve Pollcy
The trustees agree that Ihc clwity will maintain a minimum reSe￿e of £1 00,IM)O, held within our
designated investment accounts. to ensure fmaneial stability and coniinuity of our charitsbl¢
activities. This level of Teserve has been set to provide adequate protection against unforeseen
financial pressures and to support the charity's abiltty to meet its ongoing commitments. The
policy will be reviewed regularly lo ensure it remains appropriate to the charity's size, risk
profile, and operational needs.
Key Risks and Uncertainties
Investments
The volatility of investment markets presents a fllmncial risk. Thffts is mitigated through a diverse
inveskn]ent portfolio managed by Raihboiies, a professiollaI investment finn. Regular reviews
ensure the portfolio remains aligned with the Federation's financial objectives and risk ioleranee.
Membership
Thc Federation faces challenges due to an aging membershtp base. To address this, the
meinbership fee was increased during the year to suppoit sustainability and eithan¢e services.
The Federation continues to explore strategies lo attract and retain new rnembers.
Page 8

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
CONTIIYUED
FOR THE YEAR ENDED 31 AUGUST 2025
Future Plans
. Strategic Development- Supported by a £18,000 National Lottery grant, work
commenced on a new member database, focus groups, and organisational developmenL
Staffing- A new Execulive Manager was recruited in May 2025. The Treasurer resigned in
August 2025 and a successor was appointed in September 2025.
Incorporation - The Federation successfijlly became incorporated in March 2025.
The propety will transfer from the Tn￿teeS of Federation House to the newly fornied limited
cornpany.
Public Relations- A new PR Committec has becn eslablisbcd to strengthen
ommwii¢ations and engagernent.
Balmoral Show - Operntional review planned to maximise revenue and profile.
Federatlon House - Application submitted for a £50,000 National Lottery Sustainability
Grant to fund urgent maintenance and refurbishm¢nt.
Campaigning- A renewed focus on advo¢a¢y, ensuring alignment with the Federation's
strategic plan.
Page 9

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
REPORT OF THE TRUSTEES
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Trustee$, Responsibilltles Statement
The Trustees are responsible for preparing the Trnstees, Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
The law applicable to eharities in Northern treland requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the slate of affairs of the
charity and of the incoming resources and application of ￿$OUrceS of the charity for that period.
In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP (FRS102);
make judgements and estirnates that are reasonable and prudent;
. state whether applicable accounting standards have been followed, subject to any
depamjres disclosed and explained in the financial statements- and
prepare the accounts on the going concern basis unless it As inappropriate to
presum¢ that the charity will continue in business.
Dlselosure of information to the auditors
We. the truslees of the charity who held office at the date of approval of these Financial
Stalemenls as set out above each confinn, so fat as we aTe aware that..
there is no relevant audit infomiation of which the charity's auditors are unaware.
• we have taken all steps that we ought to have taken as Trnstees in order to make
ourselves aware of any relevant audit inforniation and to establish that the charity's
audilors are aware of that infonnation.
Approved by the Trustees on
0411212025
and signed on their behalf by..
CHAIRPERSON
Mrs Brenda Richardson
TREASURER
Mrs Hazel McKe¢
Page 10

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT TO THE EXECUTIVE COMMITTEE OF THE
FEDERATION OF WOMEIY'S INSTITUTES OF NORTHERN IRELAND
FOR THE YEAR ENDED 31 AUGUST 2025
Opinlon
We have audited the financial statemenls of Federation of Women's Institutes of Northern Ireland
for the year ended 31 August 2025 whieh Comprise the Statement of FiT]ancial Activities, the
Balance Sheet and notes to the financial statements, including a summary of significant accounting
policies. The financial reporting framewoik that has been applied in their preparation is applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practs'ce}, including Financial Reporting Standard 102 "The Financial Reporting
Standard applicable to Ihe UK and Republic of Ireland. and Charilies SORP (FRS 102).
In our opinion, the financial statements..
give a true and fair view of the state of the Federation's affairs as at 31 August 2025 and of its
tncoming resources and application of resources. including its income and expenditur¢ for the year
then ended.
have been properly prepared in ac¢ordan¢e with the United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act (Northern Ireland}
2008.
Basis for Opinion
We conducted our audit in accordance with Intenutional Standards on Auditing (UK) {ISAs
(UK}) and applicable law. Our responsibilities wider those standards are further des¢ribed in the
Auditovs responsibilities for the audit of the financial statements section of our report. We are
independent of the charity in accordance with the ethical requirements that are relevant to our
audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have
Ifilled our other ethical responsibilities in accordance with these requirernents. We believe that
the audit eviden¢e we have obiained is sufficient and appropriate to provide a basis for our
opinion.
Con¢lu$ion$ relating to going concern
In auditing the financial statements, we have con¢luded ihat the Trusiees, use of the going concern
basis of accounting in the preparation of tbe ftnancial statements is appropriate.
Based on the work we have perfonned, we have not identified any material uncertainties relating
to events or conditions that, individually or collectively. may cast significant doubt on the
companls ability to continue as a going concem for a period of at least 12 months from when the
financial slatem¢nts are authori5ed for issue.
Page 11

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
INDEPENDE￿T AUDITOR'S REPORT TO THE EXECUTIVE COMMITTEE OF THE
FEDERA TION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Our responsibilities and the responsibilities of the Trustees with respect to going con¢ern are
described in the relevant sections of this report.
Other lThfonDation
The other infonnation comprises the infomiation included in the Trustee's Report, other than the
financial statements and our auditoes report thereon. The Trustees are responsible for the other
infonnalion contained within the Trustees, Report. Our optnion on the financial statements does
not cover the other information and, except to the extent otherwise explicitly slated in our report,
we do not express any forn) of assurance conclusion thereon. In coiine¢tion with our audit of the
financial statements, our responsibility is to read the other infonnalion and, in doing so, consider
whether the other inforniation is materially inconsistent with the financial statements OT our
knowledge obtained in the audit or oiherwi5c appears to be materially misstated. If we identify
such material inconsistcncies or apparent material misstAtements, we are required to detennine
whether this gives rise to a matcrial misstatement in the fmanctal statements themselves. If, based
on the work we have performed, we conclude that there is a material misstatement of this other
infomiation, we are required to report that fact.
We have nothing to report in thi5 regard.
Mstters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit. we have nol idelllified material mi5Stat¢ments in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Charities Act (Northern
Ireland) 2008 requires us to report to you if, in our opinion-.
the infonnation given in the Trusfre's Annual Report is inconsistent in any material respect with
the financial
the charity has not kept proper and adequate accounting records- or
the financial statements are not in agreement with the accounting reeords and returns- or
• we have not received all the inforniation and explanations we require for audit.
Responsibilities of Trustees
As explained more fully in the Trustee's Report (set out on page 3-10), the T￿￿teeS are
responsible for the preparation of the financial statements and for being satisfied that they give a
trne and fair view, and for such internal control as the Trustees.
Page 12

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT TO THE EXECUTtVE COMMITTEE OF THE
FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
CONTINUED
FOR THE YEAR ENDED 31 AUCUST 2025
In preparing the financial statements, the Trustees are responsible for assessing the cbaritys ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and
using the going concern basis of accounting unless the Trustees either intend to liquidate the charib
or to cease operntions, or have no realistic alternative but to do so.
Our responsibilities for the audit of the fin4ncial statements
Our objectives are to obtain reasonable assur￿]ce about whether the financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue a Report of
the Independent Auditors that includes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an autht conducted in accoTdan¢e with ISAS (UK) will
always detect a material misslatemenl when it exists. Misstatements can arise from fraud or error
and are considered material if, individually or in aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these finan¢i81 statements.
Extent the audit was capable of detecting irregularities, ineluding fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedwes in line with our responsibilities, outlined above, to detect material misstatements
in respect of irregularities, including fraud. The extent to which our procedure5 are capable of
detecting irregularities, including fraud is detailed below..
In assessing and detecting irTegulariti¢s of non-cornpliance with laws and regulations we
considered the following..
the matters discussed among the audit engagement team and any other relevant professionals
regarding how and where fraud might occur in the financial statements and any potential indicatQTS
of fraud.
the na￿re of the environment and any laws and regulations applicable to the charity and the
environment.
the charity's own assessment of the risk of fraud and other irregulartties.
charitys policies and procedures in relation to..
- how tbey identify and comply with all relevant laws and regulations and whether they are aware
of any non-¢ompliance'
how they detect and respond to risks of fraud and their knowledge of any actual, suspected
or alleged fraud,.
control environment within the charity and how this mitigates risks of fraud and instances of
non-compliance with laws and regulations.
Page 13

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT TO THE EXECUTIVE COMMITTEE OF THE
FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
As a result of these Procedures, we considered the opporbjnities and incentives that May exist
within the organisats'on for fraud and identified the greatest potential for fraud in relation to cash
handling. In common with all audits under ISAS (UK), we are also required to perforni specific
procedures lo respond to the risk of management oveTTide.
In response to the risk of material misslalement through irregularities and non-compliance with
laws and regulatioiis. we designed proccdure5 whi¢h included, but were not limited to..
ensuring the engagement team had the appropriate knowledge and expertise in order to be able
to identify and recognise any instances of fraud or non-¢ompliance with laws and regulations.
we idcntified the laws and regulations applicable to the company through discussions with
directors and management and from our knowledge and experience of the sector.
ensuring the audit was Ca￿led out with 2 level of professional seepticism throughout.
In response to the risk of irregularities and non-¢ompliance with laws and regulations, we designed
proceduTes which included, but were not limited to..
enquiring of management concerns of actual and potential litigattoii and claims.
agreeing the financial statement disclosures to underlying supporting documentation to assess
compliance with relevani laws and regulations.
reviewing correspondence with HMRC and other relevant regulatOT5, the companls legal
advisors and ￿nders.
To address the risk of fraud through management bias and ovetride of controls, we:
Verify the existence of employees.
perforn) analytical procedures to identify any unusual or unexpected relationships that may
indicate risks of material misstatement due to fraud,.
obtain an understanding of provisions eg recoverability of debtors.
test the appropTiaten¢ss of Journal entries and other adjustments.
assess whether the judgements made in making accounting estimates are indicative of a potential
bias,. and
evaluate the business rationale of any significant transactions that are unusual or outside the
nornjal course of business.
We also communicatcd relevant identifLed laws and regulations and potential fraud risk to all
engagement team Members and significant ¢omponent audit teams, and remained alert to any
indications of fraud or noiiry¢ompliance with laws and regulations throughout the audit.
Page 14

FEDEIL4TION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT TO THE EXECUTIVE COMMirrEE OF THE
FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
There are inherent lirnitations in OUT audit pro¢¢dures d¢scribed above. The more removed that
laws and regulalions are from financial transactions, the less likely it is tbat we would become
aware of non-compliance. Auditing stsndards also limit the audit procedures required to identify
non-compliance with laws and regulations to enquiry of the Trustees and other management and
the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise fro
eTror as they may involve deliberdte concealment of collusion.
A fL￿1]er description of our rcsponstbilitics for the audit of Ihc financial statements is located on
the Finan¢ial Reporting Council's website at www.frc.org.uWaudilorsrepsonsibilities. This
description forn]s part of our Report of the Authtors.
Use of our report
Thiq report is made solely to the charitys Tntstees, as a body, in aeCOTdanc¢ with Part 4 of the
Charities Accounts and Reports Regulations (Northern treland) 2015. Our audit work has been
undertaken so that we might state to the clwitys TNstees those matters we are required to state
to them in an auditor's report and for no other pu￿ose. To the fullest extent perniitted by law, we
do not accept or assume responsibility to anyone other than the charity and the charity's Trustees
a5 a body. for our audit work, for this rewrt. or for the opinions we have fornied.
Kim Rainey ( Senior Stydtutory Auditor)
For and on behalf of
M.B. McGrady & Co
Suite 2B Cadogan House
322 Lisburn Road
Belfast
BT9 6GH
Date..
0411212025
Pag¢ 15

FEDERATI
N OF WOMEN'S INSTITUT
HERN IRELAND
ST ATEMENT OF FINANCIAL ACTIVITIES
R THE YEAR ENDED 31 AUGUST 2025
INCOME
MLmber5hip Fee5
ColltribulioDS To Federotion Fu
Gift Aid
Grani Intomt
lttcome From Federttion Aoiviij¢5.'
IApprndTA IB)
TDstituteConiribuiions fo kn5ui&rtce
78￿2)
2<788
&279
60.789
9J07
7,646
19.720
S932
9.157
llle•Jlle Froth Irtv¢stmPDts'.
Dividends And InteT¢51 On tnv¢stments
Gairtl (Loss) Ih Disposal Of Inve51ments
Gainl (Lossl Ott ReY&lu&lion Qf Inv¢strnents
BJnk Deposit Inter￿t
5.IlJ4
5,200
4.070
9.565
293
7,413
668
12,063
Income trom spec1￿ VJbdtrt#kJny Isurplusldetlth)..
Arts Sufvcommittee
748
610
1,502
Homecrdft
Flome and Garden
3,296
Mag87.In¢and LN5ureSub-Cthnmiiitt
BaknoTal Show
Statioknery
W I Souvenirs
1,0
23.900
167
(Z841
226
22J53
57
16841
Cook
29ffj31
23.087
Council MeeÈitsg Retapts
22
1,267
Totgl VTrrome
17ffj195
163.966
Overhtad Eip¢TrJe¥
67,821
3,916
li
9,IS7
2,687
557
2J24
2.689
9.757
IJ8
3,119
4448
2.532
R￿Nit￿￿t Costs
Grijund Rent
22
Kepaws And R¢Lwials
WAiei Ratrs
Lwhi And Heat
Postage And Telephone
Stationery & Offi¢e Exwses
Substripti￿%
Auditor's Remunoatt(
General EX]￿nICS
Cknning
Execuiive & SU￿0mmitie¢ Trnvtl EKprn5E5
Lègal & Professional Fees
tkpttciats
Bad Debts
Bank And Inve￿Ment Charges
Council MttEing Ex[￿seS
IProfityLosson Djsposil of Fixed Assets
3,123
2.853
2,824
9,082
258
2.970
1.584
2.389
8,332
1.578
4,169
6W
1,833
4214
A23
4,525
1.796
3,339
129823
40J72
138.959
25.007
Surplu51{DeficitTr Of AD¢omt Oytr Eipcndibjre
Statemtnt Of CttserfLI
Balance Brought FoNArd
301907
281,SYh)
Add.. SurplusllDefieitl Of InwtR¢Ov¢r EKp¢nditurc
BatsrtttCatri¢d F(yward
72
25.007
306.907
J47
The notej On Page5 18 Iv 26 form part of tbcse finanrialslalwnmts
Page 16

FEDERATION OF WOLMEN'S INSTITUTES OF Tr40RTHERN IRELAND
BALAf4CE SHEET
FOR I'HE YEAR ENDED 31 AUGUST 2025
Note
2025
2024
Fixed Assets
Tan￿ble Assets
Investments
93,118
174.540
267,658
97,409
164.730
262,139
41al
Current Assets
Stocks
Debtors & Prepayments
Cash at Bank and in hand
6.646
10,886
87,898
105,430
12,697
52,428
73.236
41bl
Current Llabilities Due Within One Year
Amounts owing to ACWW Charitie5
Creditors and Accruals
9909
5,659
15,568
14,581
5,224
I9,805
Net Current As$et$
89,862
53.431
Net Asset5
357 520
3 15,570
Fin4nced by:
Gen¢Tal Fund
Special Fund5
347,279
306,907
8,663
315,570
12
357 520
APPROVED BY THE EXECUTIVE COMMITfE
ON...0411212025...
HAIRPERSON
TREASURER
The note5 on pa8es 18 to 26 form part of thes¢ r]nancial statements.
Charity iegLStratiort number." 101656
Pagc 17

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
Note I
Accounting Policies
The following accounting policies have b¢¢n used consistently in dealing with it¢rns which are
considered material in relation to the Federation's financial sla¢ements:_
(a}
Accountlng Convention
Tl)e financial statements, which have been prepared under the historical cost convention, are in
accordance witb ielevant accouuting Standards, the Charities Aci {Nort]iern Ireland) 2008, and the
provistons of the Statement of Recommended Practi¢¢, "Accounting and Reporting for Charities"
{FRS102). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statcments are prepared on a going concern basis. The financial stat¢m¢nt5 are preparcd
in sterling which is the functional curTen¢y of the charity.
Ib)
Income
Inrotne con51Sts of Contributions and Membership Fee5 and Income from Fcd¢ration activitie5.
Income from Investments 2nd Dcposits are retained and ar¢ for the unrestricted use of the
Federation. Incotnc ¢ollect¢d for ACWW Charities ar¢ d¢signated for that purpos¢. Th¢re are Jjo
restricted sources of income. Incorne from bank Interest is accounted for on a reccipts basis.
Contributions to membership funds and membership fees are a150 accounted for on a r¢¢eipts basis.
(c)
Going Concern
At the time of approving the financial statements, lh¢ Trustees have a reasonable expectation that the
¢harity has adequate resources to continu¢ iii opcrational existence for the forcseeable future. Thus,
the Trustees continue to adopt the going concern basis of a¢¢ounting in preparing the financial
statements.
(d)
T#nglble Assets and Depreciatlon
Tangible Fixed Assets arc stated at cost less accujnulaled depreeiation. tAS 16 pemjits assets to b¢
T¢PQrtcd at cost, without revaluation, wh¢re value exceeds cost.
Depreciation is calculated to writ¢ off the cost of the Fixed Assets over the period of their useful
lives, the principal rntes being as follows'.-
Fixtur¢5 and Fittings
Computer Equipment & Softwarc
Websit¢
Property
250/• Reducing Balan¢e
250/¢ Reducing Balallcc
25Q/o Reducing Balance
20/D Straight Line
Page 18

FEDERATION OF WOMEN'S INSTITUTES OF NORTHEKY IRELAND
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
(e)
Stock
Stock collsists of goods for resale. Stock is valued at cost with provision being mad¢ to
write down obsolete or defective stock to net realisabl¢ valuc. R¢placcmcnt value of stock
does not d￿ffer Tnalerially from book cost.
(fj
Pension Scheme
Thc Federation operates a Defined Contribution Pension Scheme for employees. Prerlliums are
charged in the accounts in the peTiod to whirh th¢y r¢lat¢.
(g)
Inve5tmeDts
Investments are stated on the Balance Sheet ai Market Value. Investments are held primarily lo
providc an invcstment rcturn for the Federation. Realised and unrealised gainslloss¢s arising on
investments are disclosed in th¢ Statement of Financial Activities.
(h)
Expenditsre
All exp¢ndiftw¢ is accounied for on an accruals basis and has been included under ¢xpens¢
categories that aggregate costs related to that category.
Charltable Funds
Unrestricted fijnds are available for use at the discretion of th¢ trust¢¢s in furtheraTLce of their
¢h8ritable obj¢¢tives.
Restricted funds ar¢ subj¢ct to sp¢¢ift¢ conditions by donors as to how they may be used. The
Purposes and uses of the restricted funds are set in the notes to the financial statements.
Grants Receivable
Grants are reeognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met, Where perfor]nance conditions are attached to the grant and are yel io
be met, the income is recognised as a liability and in¢lud¢d on th¢ balance Sheet as deferred incom¢
to be rel¢as¢d.
Page 19

FEDERA TION OF WOMEN'S II¥STITUTES OF NORTHERN IRELAND
r40TES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Note 2 Tanglble Plxed A$se¢s
Com
ui
s & Software
Cost
Pro
er
Fittin
Total
Balance at 3118124
Additions
Disposals
Balance At 3118125
155,580
53,400
28,222
237,202
(21,100)
7,122
21.100)
216,102
155,580
53,400
reciation
Balance at 3118124
Charge for year
On Disposals
Balance at 3118125
62.397
3,112
53,292
27
24,105
1,029
(20,978
4,156
139.794
4,168
20,978)
122,984
65.509
53,319
Net Book Value at 3118125
90,071
81
2,966
93,118
Nel Book Value at 3118124
93,184
108
4,117
97,409
Page 20

FEDERATION OF WOMEN'S IIYSTITUTES OF NORTHERN IRELAND
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR E,YDED 31 AUGUST2
Nots 3 Particulars of Employees
The av¢rag¢ numb¢r of p¢rsons employed by the Fedejation during the year was as follows'.-
2025
2024
Adrnini5tration
Th¢ aggr¢gate pa￿011 Costs of These persons were as ftsllow5.'-
Wages and Salaries
Pension S¢heme Costs
Social Security Costs
63,4611
3,273
1,088
67,821
73,808
6.821
1,088
81,717
No employees receive total employ¢¢ b¢n¢fits of more than £60,000.
Note 4 Investments and Bank Deposits
2025
2024
{a) Sterling Cash
Art¢mis Fd Mngrs Income E GBP Dis
Blackrock EURPN Dy BR EURPN Dytwni¢ Fd Di5
Blackrock FM Lid Contl EURP Inc D Units Inc
BMO Commercial Pro Ord GBPO.01
BNY Mellon Glb Fds Gbl Bd Fd Sterling Z Inc
Empiric Student
Findlay Park FD
Greencoat UK Wind
HICL Inftasttucbjr Otd
INT Public Partner Ord GBPO.0001
iShar¢s li PIC USD
JP Morgan AM UK Ltd
JP Morgan Fund Icvc JPM Gbl Macro Opps C Net Di
JP Morgan Funds td US Equity Inc K GBP Net tn¢
JP Morgan Fund l¢v¢ JPM UK
Legal & Geneial UT
Royal tA)ndon UTM
Schroder Unit Tst Asian Alpha Plus L Aec Nav
Schroder Unit tst Asian Income L
Vanguard Funds PIC FTSE All World Ucits Etf Us
Vanguard Funds PIC S&P
AbTdn Oeic li Abrdn Uk Smlr
Abrth) (kic V Abrdn Sht Dur
Janus Hend UK & EU JH Strategi¢ Bond G Dis
Brown Advisory Fds US Sustainable
JP Imorgan ETFS {tre JPM Us Res)
M&G Invstmnt FD(I I M&G Japan
Invesco physical Mkts PIC secure
5,200
7.487
5,675
4A54
2,310
6.742
4,079
5,446
3,890
4,550
4,320
6,866
5.163
4,476
4,027
6,900
3,967
SJ55
5.312
5,999
4,689
9,817
9,040
4,672
9541
10,645
12,659
10,804
5,000
8,758
12,513
22J64
4,723
4.565
13,466
10.751
7,919
7,986
11.164
19,827
4.936
4,563
6,248
2.346
4,751
3.973
3,686
174,540
164.730
Page21

FEDERATION OF WOMEN'S IIISTITUTES OF NORTHERJN IRELAND
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR EYDED 31 AUGUST 2025
Inveslments are included at Market Value, as calculated by Investec Wealth & Investment, at
31 August 2025
2025
2024
(b)
Danske Bank Current Account
Danske Bank- Business tnvestmenl Account
Danske No 2 Deposil Account
Cash in Hand
33,938
33,495
20,165
3110
87,898
14,136
18,142
19,850
300
52.428
Note 5 Stocks
2025
2024
Stationery For Resale
Badges & Key-Rings
Napkins & Diaries
W I Souvenirs
Scarves
2,063
706
143
3,734
1,977
890
200
5,033
6,646
8,111
Note 6 Debtor5
2025
2024
Trade Debtors
Prepajrynents
395
10,491
10,886
2,964
9,733
12,697
Page 22

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Note 7 Amounts Owing To ACWW Charities
enin
Balance
0110912024
Recei
durin
ear
durtn
bAIAnce
3110812025
ear
Rural Women in
Action Fund
14,581
14,581
7.404 (12.076
7,404 {12,076)
9,909
9,909
The movements on the above account has not been reflected in the Statement of
Financial Activities for the year.
Note 8 Creditors: Amounts Falling Due Within One Year
2025
2024
Taxation and social security
Accruals
Deferred Income (note 12)
{120)
5,779
(120)
5,346
5,659
5,226
Note 9 Auditor's Remuneration
2025
2024
Fee5 payable to the company's auditor
3,119
2,970
Pag¢ 2J

FEDERATIOTrI OF WOIKEN'S INSTIT
ORTHERN IRELAND
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR E
DED 31 AUGUST 2025
N¢>te 10 Trustee RemuTreration
Trustees did not receive any rernuneration or other benefits from ¢mployment.
Trustees are reimbursed for travel expenses and also for expenditure incurred
on behalf of the Federation. During the year £8,445 (2024.. £6,477} wa5
reimbursed to Tn]stccs for travel expenses.
Note 11 Grant Income
No grant income was received during the year ended 31 August 2025. In the prior yeai12024), the
Federation received a wt of £18,000 from the Nationol Loitery Colntnunity Fund. This grant was awarded
Sp￿lf1¢allY to 511PPOrt the development of a darabase and the creation of a 5 year strategic plan.
Note 12 Specisl Funds
eni
Balance
olio
12024
Closin
Balance
3110812025
dutin
durin
ear
ear
Intcrnational Fund
(ACWW Travel)
8,663
1.578
10.241
The movements on the above ac¢ounts have not bcen refle¢ted in the Statement
of Financial Activities for the year.
Note 13 Property
The property is registered in ¢he name5 of the Trustees and is held in trnst by these Trnstees
on behalf of the Federation.
r4ote 14 R¢lated Party TrADS*Ctlon$
Committee Membeis of the Federation, os members of the Wl, have paid subscription
fees to their local Wl. paTt of which is passed on to the Federation.
Note 15 Other Inform#tlon
In common with many other Charities of this size and nature we use our auditor5 to
prepare and assisi in the PTeparation of our financial statements.
Page 24

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAND
APPENDIX IA- INCOME FROM SPECIAL UI¥DERTAKtNGS
2025
2024
Arts Sub-committee
748
1.502
Homecraft
610
(187)
Home and Garden
3,112
3,296
Magazine and Leisure Sub-committee
1,086
(70)
Balmoral Show
23,966
22.353
Stationery
167
57
W I Souvenirs
(284)
(684}
Cookery
226
(3.180)
Sury)lusl(Defi¢it)
29,631
23,087
Pag¢ 25

FEDERATION OF WOMEN'S INSTITUTES OF NORTHERN IRELAI
APPENDIX IB - INCOME AND EXPENDITURE FROM ULSTER COUNTRYWOMAN
MAGAZ1Tr4E
FOR THE YEAR ETrIDED 31 AUGUST 2025
2025
2024
Income:
Sale of Magazines
26,282
27,379
Advertising Revenue
160
2,500
Total Income
26,442
29,879
Expenditure:
Printing Costs
18,750
18,600
Bad Debt Provision
1,760
TotAI Expendlture
20,510
18,600
Net Surplus
5,932
11,279
Page 26