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|---|---|---|
|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|
|||NOTTINGHAINSHIRE|NOTTINGHAINSHIRE|ININERS WELFARE|TRUST FUND|TRUST FUND|TRUST FUND|
|---|---|---|---|---|---|---|---|
||||LEGAL AND|ADMINISTRATIVE
DETAILS||||
|Charity|Registration||Number|1001272||||
|Trustees||||Mr M F Ball||||
|||||MrSC Hudson||||
|||||Mr J EWood||||
|||||Mr A Hadfield||||
|Secretary||||Ms P Charles||||
|||||Coal Industry|Social Welfare Organisation|||
|||||Welfare Offices||||
|||||Berry Hill Lane||||
|||||MANSFIELD||||
|||||NG18 4JR||||
|Bankers||||National Westminster|||Bank|
|||||9Church Street||||
|||||MANSFIEI D||||
|||||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||||
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|||||~Ex andante|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Fund|Fund|2022|2021|
||||Note|F|F|F|F.|
|Income and Endowments||||||||
|Investment
income - Dividends|||received|60,113|88,523|148,636|157,889|
|Interest received||||330||330|15|
|Total Income||||60,443|88,523|148,966|157,904|
|~Ex enditure||||||||
|Grants to organisations||||7,764||7,764|12,950|
|Personal welfare and hardship|||grants|64,127||64,127|67,107|
|Investment
management|fees|||12,607||12,607|14,82?|
|Accountancy
fees||||1,522||1,522|1,485|
|Depreciation||||3,980||3,980||
|Total Expenditure||||90,000||90,000|96,369|
|Net Income
/ (Expenditure)||before Investments||(29,557)|88,523|58,966|61,535|
|Investment
gains
/ (losses)||||||||
|Unrealised
(losses) / gains|||7|(308,685)|(376,762)|(685,447)|4,410|
|Realised gains|||?|21,017|46,185|67,202|139,892|
|NET (EXPENDITURE) /|INCOME|||(317,225)|(242,054)|(559,279)|205,837|
|Transfers
between
funds||||88,523|(88,523)|||
|NET IIOVEMENT
IN FUNDS||||~220,702|~330,577|~559,279|205,037|
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||||~En endable|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Fund|Fund|2022|2021|
||||||f|f|
|Balance at 1 January 2022|||2,257,539|3,322,865|5,580,404|5,374,567|
|Net movement|of resources|in year|(228,702)|(330,577)|(559,279)|205,837|
|Balance at 31December 2022|||2,028,837|2,992,288|5,021,125|5,580,404|
|Represented|by:-|||||
|---|---|---|---|---|---|
|Investments||1,705,336|2,839,103|4,544,439|5,276,644|
|Fixed assets||7,960||7,960||
|Current assets||344,216|153,185|497,401|324,253|
|Current
liabilities||(28,675)||(28,675)|(20,493)|
|Total net assets as at 31December 2022||2,028,837|2,992,288|5,021,125|5,580,404|
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||||2022|2021||
|---|---|---|---|---|---|
|||Note|F|||
|Investments
at market value|||4,544,439||5,276,644|
|Tangible fixed assets|||7,960|||
||||4,552,399||5,276,644|
|CURRENT ASSETS||||||
|Cash at Bank||4|142,422|155,265||
|Cash held by Investment|Managers|5|354,979|168,988||
||||497,401|324,253||
|LESS:CURRENT LIABILITIES||||||
|Creditors||6|(28,675)|(20,493)||
|NET CURRENT ASSETS|||468,726||303,760|
|TOTAL NET ASSETS|||5,021,125||5,580,404|
|FUNDS||||||
|Expendable
Fund|||2,028,837||2,257,539|
|Endowment
Fund|||2,992,288||3,322,865|
||||5,021,125||5580,4O4|
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|||2022|2021|
|---|---|---|---|
|2.|INVESTMENTS|E||
||Portfolio at Market Value|||
||- Expendable
fund|1,705,336|1,990,073|
||- Endowment
fund|2,839,103|3,286,571|
|||4,544,439|5,276,644|
|||Loan items||
|3.|FIXEDASSETS|||
||Cost|||
||At 1 January 2022|19,665||
||Additions
in year|11,940||
||At 31 December 2022|31,605||
||~De reciation|||
||At 1 January 2022|19,665||
||Charge for the year|3,980||
||At 31 December 2022|23,645||
||Net BookValue|||
||At 31 December 2022|7,960||
||At 31 December 2021|||
|||2022|2021|
|4.|CASH AND BANK|F|P|
||Business Reserve account|141,422|154,265|
||Current account|1,000|1,000|
|||142,422|155,265|
|5.|CASH HELD BYINVESTIIENT MANAGER|||
||Income account|18,151|16,882|
||Dealing account|336,828|152,106|
|||354,979|168,988|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|6.|CREDITORS||||||
||Accountancy
fees||||1,522|1,485|
||Investment
management
fees||||3,121|3,200|
||Balance due to CISWO||||24,032|15,808|
||||||28,675|20,493|
||||2022||2021||
|7.|NET INVESTMENT GAINS/|LOS ES|||||
||Market value at 1 January 2022||5,276,644||5,153,749||
||Cost at 1 January 2022||4,472,736||4,354,251||
||Opening
investment
gain|||803,908||799,498|
||Market value at 31 December|2022|4,544,439||5,276,644||
||Cost at 31 December 2022||4,425,978||4,472,736||
||Total investment
gain|||118,461||803,908|
||Net unrealised
(losses) / gains|during year||(685,447)||4,410|
||Add: Realised gains
in year|||67,202||139,892|
||Net Investment
(Losses) / Gains in year|||618,245||144,302|
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