| Contents | Pacae | |
|---|---|---|
| Legal and Administrative | Details | |
| Trustees' Report |
2-3 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | |
| Reconciliation of Funds |
Statement | |
| Balance Sheet | ||
| Notes to the Accounts | 8-10 |
| Charity Registration | Charity Registration | Number | 1001272 | ||||
|---|---|---|---|---|---|---|---|
| Trustees | Mr M F Ball | ||||||
| Mr SC Hudson | |||||||
| MrJ EWood | |||||||
| Mr A Hadfield | (appointed | 2 November 2021) | |||||
| Secretary | Ms P Charles | ||||||
| Coal Industry | Social | Welfare Organisation | |||||
| Welfare Offices | |||||||
| Berry Hill Lane | |||||||
| MANSF IELD | |||||||
| NG18 4JR | |||||||
| Bankers | National Westminster | Bank | |||||
| 9 Church Street | |||||||
| MANSFIELD | |||||||
| NG18 1AF | |||||||
| Solicitors | BRM Solicitors | ||||||
| Gray Court | |||||||
| 99Saltergate | |||||||
| CHESTERFIELD | |||||||
| S40 1LD | |||||||
| Independent | Examiner | JWallage FCA | |||||
| CISWO Trading | Ltd | ||||||
| The Old Rectory | |||||||
| Rectory Drive | |||||||
| Whiston | |||||||
| Rotherham | |||||||
| S604JG |
| ~Ex endebte | Endowment | Totet | Total | ||||
|---|---|---|---|---|---|---|---|
| Fund | Fund | 2021 | 2020 | ||||
| Note | f | E | |||||
| Income and Endowments | |||||||
| Investment income |
- Dividends | received | 59,287 | 98,602 | 157,889 | 154,721 | |
| Interest received | 15 | 15 | 175 | ||||
| Total Income | 59,302 | 98,602 | 157,904 | 154,896 | |||
| ~Ex enditure | |||||||
| Grants to organisations | 12,950 | 12,950 | 76,801 | ||||
| Personal welfare and hardship | grants | 67,107 | 67,107 | 76,684 | |||
| Holiday grants | 1,349 | ||||||
| Investment management fees |
14,827 | 14,827 | 6,000 | ||||
| Audit fees | 2,880 | ||||||
| Accountancy fees | 1,485 | 1,485 | 1,447 | ||||
| Legal and professional fees |
1,008 | ||||||
| Depreciation | 260 | ||||||
| Total Expenditure | 96,369 | 96,369 | 166,429 | ||||
| Net Income / (Expenditure) |
before Investments | (37,067) | 98,602 | 61,535 | (11,533) | ||
| Investment gains / |
(losses) | ||||||
| Unrealised gains |
/ (losses) | 2,179 | 2,231 | 4,410 | (35,786) | ||
| Realised gains / |
(losses) | 18,885 | 121,007 | 139,892 | (237) | ||
| NET (EXPENDITURE) / INCOME | (16,003) | 221,840 | 205,837 | (47,556) | |||
| Transfers between |
funds | 98,602 | (98,602) | ||||
| NET MOVEMENT | IN FUNDS | 82,599 | 123,238 | 205,837 | ~47,556 |
| ~Ex endabte | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| Fund | Fund | 2021 | 2020 | |||
| Balance at 1 January 2021 | 2,174,940 | 3,199,627 | 5,374,567 | 5,422,123 | ||
| Net movement | ofresources | in year | 82,599 | 123,238 | 205,837 | (47,556) |
| Balance at 31 | December 2021 | 2,257,539 | 3,322,865 | 5,580,404 | 5,374,567 |
| Investments | 1,990,073 | 3,286,571 | 5,276,644 | 5,153,749 |
|---|---|---|---|---|
| Current assets | 287,959 | 36,294 | 324,253 | 256,543 |
| Current liabilities |
(20,493) | (20,493) | (35,725) | |
| Total net assets as at 31 December 2021 | 2,257,539 | 3,322,865 | 5,580,404 | 5,374,567 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Investments at market value |
5,276,644 | 5,153,749 | ||||
| Tangible fixed assets | ||||||
| 5,276,644 | 5,153,749 | |||||
| CURRENT ASSETS | ||||||
| Debtors | ||||||
| Cash at Bank | 155,265 | 131,119 | ||||
| Cash held by investment | Managers | 168,988 | 125,424 | |||
| 324,253 | 256,543 | |||||
| LESS:CURRENT LIABILITIES | ||||||
| Creditors | (20,493) | (35,725) | ||||
| NET CURRENT ASSETS | 303,760 | 220,818 | ||||
| TOTAL NET ASSETS | 5,580,404 | 5,374,567 | ||||
| FUNDS | ||||||
| Expendable Fund |
2,257,539 | 2,174,940 | ||||
| Endowment Fund |
3,322,865 | 3,199,627 | ||||
| 5,580,404 | 5,374,567 |
| 2021 | 2020 | ||
|---|---|---|---|
| 2. | INVESTMENTS | ||
| Portfolio at Market Value | |||
| - Expendable fund |
1,990,073 | 1,989,255 | |
| - Endowment fund |
3,286,571 | 3,164,494 | |
| 5,276,644 | 5,153,749 | ||
| Loan items | |||
| 3. | FIXEDASSETS | ||
| Cost | |||
| At 1 January 2021 | 19,665 | ||
| Additions in year |
|||
| At 31 December 2021 | 19,665 | ||
| ~De reciation | |||
| At 1 January 2021 | 19,665 | ||
| Charge for the year | |||
| At 31 December 2021 | 19,665 | ||
| Net Book Value | |||
| At 31 December 2021 | |||
| At 31 December 2020 | |||
| 2021 | 2020 | ||
| 4. | CASH AND BANK | E | f |
| Business Reserve account | 154,265 | 130,119 | |
| Current account | 1,000 | 1,000 | |
| 155,265 | 131,119 | ||
| 5. | CASH HELD BYINVESTMENT MANAGER | ||
| Income account | 16,882 | 16,677 | |
| Dealing account | 152,106 | 108,747 | |
| 168,988 | 125,424 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| F | E | ||||
| 6. | CREDITORS | ||||
| Accountancy fees |
1,485 | 1,447 | |||
| Investment management fees |
3,200 | 1,500 | |||
| Audit fees | 2,880 | ||||
| Balance due to CISWO | 15,808 | 29,898 | |||
| 20,493 | 35,725 | ||||
| 2021 | 2020 | ||||
| 7. | NET INVESTMENT GAINS/ LOSSES | ||||
| Market value at 1 January 2021 | 5,153,749 | 5,175,500 | |||
| Cost at 1 January 2021 | 4,354,251 | 4,340,216 | |||
| Opening investment gain |
799,498 | 835,284 | |||
| Market value at 31 December 2021 | 5,276,644 | 5,153,749 | |||
| Cost at 31 December 2021 | 4,472,736 | 4,354,251 | |||
| Total investment gain |
803,908 | 799,498 | |||
| Net unrealised gains / (losses) during year |
4,410 | (35,786) | |||
| Add: Realised gains / (losses) in year |
139,892 | (237) | |||
| Net Investment Gains / (Losses) in year |
144,302 | ~36.623) |