Registered number: 03826722
Charity number: 1077660
THE PLEASLEY PIT TRUST
la company limited by guaranteel
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
mnmlllll
•KE24X(Q'
1Y10W23
COMPANIES HOUS
A21

THE PLEASLEY PIT TRUST
(a Company limited by guaranteel
CONTENTS
Page
Reference and adminislralive details of the company. its trnstees and advisers
Chairnian's slatement
Trnstees. report
Independent examinerfs report
Slatement of financial activities
Balance S￿¢1
Notss to th¢ financial statem•nts
10-19

THE PLEASLEY PIT TRUST
(a ¢ompany limited by guarantee)
REFERENCE AND ADMINISTRATIVE D￿AlLs OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 5 APRIL 2023
TNstees
E P Chambers Iresoned 1 August 20221
L M Willies
S J Lewers, Chair
R C Metcalfe Iresigned 1 August 2022)
T D Kirkham, Treasurer
D M Gamble
W H Edson
N 8uckle
T Hursthouse
Company regiSt¢r¢d
number
03826722
Charity registered
number
1077660
Registered office
Clo The Croft
Old School Lane
Pleasley
Mansfdd
Nottinghamshire
NG19 7PW
Company s¢cretary
T D ￿rkhaM
Accountant
Jonathan Wilson
Chartered Accountant
Cromwell House
68 West Gate
MansfEld
Notb"nghamshire
NG18 1RR
B•nkers
HSBC Bank PLC
1 Leemin9 Street
mansI￿ld
Nottinghamshire
NG18 1LU
Page 1

THE PLEASLEY PIT TRUST
la company limited by guarantee)
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED S APRIL 2023
The chaimian presents his ststement for ￿ year.
Dear Mefflbers and Supporters.
It is with great pleasure that I present the Annual Re￿rt for Pleasley Pit TnJsl for the year 2022123. This has
been a challenging yet successful year, marked by ￿nif￿ant growth and achEvement in our efforts to protect,
preserve and promote knowjedge of our coal mining henlage. l extend my hearttelt gratitude lo our dedicated
volunteers. staff. and the entr"￿ ecrfnmunty thw"r unwavering support throughout these endeavours.
The Trustees would like to extend tsir thank5 to Peter Chambers ￿ hi5 massive ¢ontribution. dedication.
supwt and expertise for many years.
Visitor Numbers and Recovery Efft+rts
The year began wth a sk)w start as we na¥￿ated the ¢Y￿OIng impact ol the COVID-19 pandemic. However.
thanks to the PerSeVerar￿ and k)yalty of our visitors. we began to see a steady return of foottall. I would like lo
express my sincere appreciation to The Land TrusL our landkjrds. for their attentive response lo the concerns
raised by Ple8sley Prt Trust and our visitor5 regarding ihe temFiJrary car parking charging scheme. Although the
scheme lasted for 12 weeks dunng the peak summer penod and resulted in a massive decline in visitor
numbers. the decision to rwnstate free car parking saw visilors retum in droves. In September, our open day
attracted over 1,500 attendees. a testsment to the resilience and byally of our community.
Growth and Achlevements
Since then, we have expenenced consistent gr(r￿ n visrtor numbers month on ffM)nth. In fact, we now have a
visitor centre manager as part of our growng number of employee5. further enhancing the visitor expenence and
supporting our ongoing success. The cafè. taking a blended approach lo staffing with both paid staff and
volunteers. has expanded both its menu and opening bmes and now operates six days a week serving
breakfasls and lunches. A5 a re5UtI. our regular weekty number5 have increased lo over 700 visitors. Our social
media presence has been enhanced by our Facebwk page which has over 1.200 follows with numbers
increasing each month.
Communlty Engagement and Support
Throughoul the year. we celebrated several SKJnfficant milestones and events that strengthened our ties with the
community. Our first Halloween event attracted over 30 families who had never visited before, providing a
delightful introducts.on to our unique museum. We also hosted our maugural Breakfast with Santa even( whi¢h
brought joy lo many families during the fesbve season.
We are immensely grateful for the conts"nuous SUpp￿)rt from the Fr￿d5 of Pleasley Pil, vtho organised the much
anticipated beer festNal along With the miners Big Lamp meetin9, and their engine running days. The Pleasley
Prt Nature Study Group contributed immensely by organising a wikllrfe day in May. orchid walks in the summer,
and a fungi fofay in October. Their ded￿￿On to reporting vital data on the diverse species found on our sile and
the connecting Counlry Park and Nature Reserve is invaluable lo supporting our consetvation efforts.
Acknowledgements and Expansion
We extend our thanks to Heather Oates for her generous dOnat￿n from the October Dog Show. which provided
a fun-fIl￿ day for many of our dog loving visitors.
We a￿ pkased to welcome Tfvr Tumer as our [￿1 in res¥Jence. Tyler I￿ned us in the New Year and will
spend time with former miners and their extended families, capturing thwr 5torie5 and memones in poetic fom.
This initiative aims to preseNe and honour the rich henlage of our mining community, ensuring that future
generations can appwiale the resilien￿ and ¢ontn"bub"ons of those who came before u5.
Page 2

THE PLEASLEY PIT TRUST
(a company limited by guarantee)
CHAIRMAN'S STATEMENT {CONTINUED)
FOR THE YEAR ENDED S APRIL 2023
Our unKiue well-preserved museum continue5 to excite. chafm and dr￿1 visitors. new and old. from across the
UK and further ar￿Id. We have I￿Sted many varied groups ranging from U3A, scouts, walking groups and
histor¢cal societ￿. We have also brought the museum artifacls to life for many school children durin9 the year
with visits from around 300 children most of whom knew very litue abwl their mining heritage.
We offer a special thank you to our volunteers without whom none of this would exist and who are estimated lo
have collectively contributed over 9.000 hours this year alone. If we were lo cakulate the cost of these volunteer
hours the value V•Y)uld be sign1r￿an( hKJhlighting their exceptional dedication and cost-saving impact on the
Trust.
FU￿1• Plans
Looking ahead. we are excited to enter our 150th annNersary year plans to celebrate thrs historic milestone.
We aim lo engage the ccmnmunty and create Memorab￿ experierKes that celebrate our coal mining heritage.
As trustees. we re￿nee the importance of expanding our skills arbd experb"se. In the ¢oming year, we will
actively recruit new members to our trustee t#)ard. seeking indNtduals who can bring fresh perspectives and
valuable insights to our Organisat￿n. We belteve that a diverse and knowledgeable board will greatly contn'bule
lo our fLbture Success and effective govemance.
Conclusion
In conclusiorb, the year 2022123 has teen a year of challenges. growth. and comrnunty engagement for Pleasley
Pit Trust. Desprte the obstscles we fa¢ed. have made SKJnrf￿ant progress in protecting and promoting our
coal mining heritsge. l am immensety Proud of our volunteers. stsff. and the entire community for their continued
support and dedICat￿n to our cause.
On behalf of Pleasley Pit Trust. l extend my deepest gratitude to everyone invofved in ¢￿r s￿$5. Together,
we will ensure that the stories and artsfacts of our coal mining history remain cherished and celebrated for
generations to ¢crfne.
since￿ty.
Chairman- S J Leivers
11-oq-25
Page 3

THE PLEASLEY PIT TRUST
(o company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED S APRIL 2023
The trustees present their annual report together wtth the ffftancial statements of the company for the year from
6 April 2022 to 5 April 2023. The annual report serves the purposes of both a trustees, report and a directors.
report under company law. The truslees confinn that the annual report and financial ststements of the charitable
ompany comply with the Current statutory requirements. the requirements of the charitsble companls
goveming document and the PfOViSiOnS of tt)e Statement of Recommended Practice {SORPI applicable lo
charities preparing their accounls in accordance the Financial Rewrb"ng Standard applicable in the UK and
Republic of Ireland IFRS1021 {effective 1 January 2015) as amended by Update Bulletin 2 (effective January
20191.
&"nce the company qualif￿S as small under sectson 382 of the Companie5 kt 2006, the strategic report required
of medium and large companw under the Companie5 AGt 2006 (StrategK Report and Director5, Report)
Regulations 2013 has been omrtted.
Objectives and activitie8
. Poli¢ios and obj¢¢tives
The principal objectNe of the company is detailed behyw.
In setting obiectsves and planning for actmlies. the trustees have given due conshderation to general guidance
published by the Charity Commission relab.ng to Publ￿ benefrt. including the gurfjance 'Public benefit.. running a
chanty IPB21'
b. Main xtivities undertaken to furthor the COM￿ny'S wrposes for the public benefrt
The main aclNity undertaken to further the charitys purp)ses for public ￿nefft is a cafe, which is nJn by
volunteers. for the use of the Publ￿ visiting the coal mining complex.
c. Voluntee
The company ES grateful for the unstinting efforts of ts volunteers are involved in service sKovision. charity
shops and fiJndrai5ing. The company has a volunteer toordinator to eft$u￿ that best value is derived from the
sterling efforts of our volunteers.
A¢hievements and perfornian¢o
a. Review of activities
The trustees Consider that the tw[￿anCe ofthe CL￿panY has been satr"sfa¢tr)ry.
Al the end of the last financkgl year our b)ng stsnding company secretary and founder member of Pleasley Pit
Trust Peter Chamber5 retired. We thank Pete for his dedicalton to the pit over the years whsch has not only
delivered restoration of the site and engines bul also the deveknpment of the visitor cenlre.
This last year has seen the first complete 12 months of operatK)n Sin￿ before the pandemic and also since the
visitor cenler has been built. The size of the cafe wiihin the pit srte has now significantly expanded along with Ihe
kitchen space. We offer an indc4)r eating area aknngsmje a sheltered area operating as a cafe for dog walkers.
We have increased Ihe opening time of the Cafe lo 6 days a week.
As a ￿Ul1 of these changes on site we have empw more members of stsff and significanty increased our
turnover. To support this work and to enable the trust to develop future business plans we employed a vistlor
Page 4

THE PLEASLEY PIT TRUST
la company limited by guarantse)
TRUSTEES. REPORT {CONTINUED
FOR THE YEAR ENDED S APRIL 2023
A¢hievements and performance (conlinu•dl
centre manager in this year. The manaJer has helped set up the management of the Cafe and has begun the
introduction of additional actiwties on stte to attfact more visitors.
Within the pit the volunteers have reiumed to public open days and the engine runs once a month. We held our
yearfy open day in September and as we go into 2023 m￿e events are bw.ng planned to celebrate the piY5 150
years.
Financialty our landk)rd Intr&Ju￿d parking charges on site over the summer lasl year. It ￿sUlted in a significant
drop in revenue. This on lop of the new staff costs and inflation has ￿ to a loss for this financial year. We are
oplimislic about the next pericrfl as numbers at the pit continue to grow and the parking charges have now been
removed.
Financlal revlew
a. Going concem
After making appropriate enquiries. the trustees have a reasonable expectation that the company has adequate
resources to conbnue in operational existence for the foreseeable ftjlure. For this reason, Ihey continue lo adopt
the going concem basis in preparing the financial statements. Further detsi15 regarding the adoption of the going
concem basis can be found in the acc(yJnting poliw.
b. Reserves policy
The board of directors have examined ￿ chariVs requirements for reserves in the light of the main risks lo the
organisation. The reserves are needed to meet the working cawtsl requirements of the charity in the event of a
sigfiificant drop in funding or when some of the irthne generating actrvittes may be curtailed due lo
circumstsnces outside their control.
StnKturg1 governance and management
a. Constitution
The Pleasley Prt Tfust ts registered as a eharilable company limbted by guarantee and was set up by a
Memorandum of ASS￿￿t￿)n on 4 August 1999.
The company ts constituted undef a memorandum of as￿latiOn dated 4 August 1999. and is a registered
charity number 1077660.
The prinopal object of the company is Io FKomote. weserve. ma￿tain. ￿paIr. restore and reconstruct for the
benefit and education of the publ￿ the coal mining complex. including all buiklings. structures, engines, and
equipment and land now or in the future used in COnnec￿n with the same Pil Lane. Pleasley. Derbyshire (the
museum).
b. Methods of appolnlment or eleclion of trustees
The management of the company is the responsbihty of the trustees who a￿ ewed and ¢OwOPted under the
teAms of the Memorandum of Assock2bon.
Page 5

THE PLEASLEY PIT TRUST
(a company limited by guarantee)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2023
Structure. governance and management (continued)
¢. Organisalional slruclure and decision-making policies
The company in general meeb'ng ￿11 de¢Kle the maximum and minimum number of Irustees. tArt until so fixed
there will be no maximum number and the minimum number is 3.
The management of the company is the responsibility of the trustees.
Plans for future period5
See chairman's statement.
Approved
order
of
the
of
and signed on their behaw ty..
trustees
on
S.5
S J Leivers
(Chair of Trustees)
T D Kirkham
reasurer)
Page 6

THE PLEASLEY TRUST
la company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 5 APRIL 2023
Independenl •xaminerfs report to the trustees of Tho Pleasl¢y Pit Tntst {Ihe Compan￿
I report to the chanty trustees on my examinatr.on of the accounts of the company for the year ended 5 April
2023.
Re8ponslbllltles and ba$* of report
As the trustees of the company (and ils directors for the purposes of company lawl you are respjnsible for the
preparation of the xcounts in accordance with the requirements of the Compan￿5 Act 20C6 {'the 2CN)6 Act'i.
Having satssfied M￿lf that the accounts of the ¢￿7panY are rh)t required to be audited under Part 16 of the
2006 Act and are digibie independent examinabon. I report in respect of my examination of the company's
accounts carried out undef sectKin 145 of the Chanties Acl 2011 llhe 2011 ACV). In carrying out my examination
I have followed Directions given by the Charity Commission under section 14515)Ibl of the 2011 Act.
Independent examinerfs statement
I have completed my examinatron. I confim that Th) matters have to my attention K) connection wilh the
examinab'on gwing me cause to believe".
accountin9 records were not kept in respect of the company as required by sectr)n 386 of the 2006 Act.
or
the accounts do not accord V•ryth those records.. ¢Y
the accounts do not comply with the accounkn'ng requirements of seth"¢)n 396 of the 2006 Act other than
any requirement that the accounts gwe a 'true and fa￿ view which is rM)t a matter ¢¢￿sK1ered as part of
an independent examination" or
the accounts have not been prewed in accordance with the methods and principles of the Statement of
Recommended PractKe for accounting and reporb.ng by charities [appI￿able to charities preparing their
accounts in accordance with the Financial Retw)rting Standard applicable in the UK and Republic of
Ireland IFRS 102)].
I have no concerns and have come across no other matters in C￿neCtiOn vrith the examinatron to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This reFQrt is made solely to the compan￿5 trustees, as a be4ty, in accordan¢e wrih Part 4 of the Charities
(Accounts and Reports) Regulat￿nS 21)08. My work has been undertaken so that I might State to the companls
trustees those matters l arn required to stste to them in an irtdependent examine¢s reFrfJrt and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibilrty to anyone other than the
company and the companys trustees as a bJ(ty. for my work or for this reporL
Signed= Jonathan Wilson
Dated. ILIIDILDL
Chartered Accountant
Page 7

THE PLEASLEY PIT TRUST
la company lirnited by guaranteel
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED S APRIL 2023
Unrestr•cted
funds
2023
Total
funds
2023
Total
funds
2022
In¢om¢ from:
Donations and legaae$
Charitable acbvitie5
8,784
54,099
87.490
87.490
Total income
88.386
88.386
62,883
Expgnditure on:
Charitable ath"vitEs
126.464
126.464
54.264,-
Total expgnditure
126.464
126.464
54,264
Nel movement In fvnds
{38.078)
138.078)
8,619
Reconciliation of funds:
Total fvnds brought foThvard
Net movement in funds
213.096
138.078)
213.096
138.0781
204,477
8,619
Total funds carried forwa
17S.018
175.018
213.096
The Statement of financial activits￿ indudes all gains and losses reccwjnised in the year.
The notes on pages 10 to 19 form part ofthese financial statements.
Page 8

THE PLEASLEY PIT TRUST
la ¢ompany limited by guafanlee
REGISTERED NUMBER: 03826722
BALANCE SHEET
AS AT S APRIL 2023
2023
2022
Fixed assets
Tangible assets
Current assets
56.275
Stocks
Debtors
Cash at bank and in hand
10
11
1.400
1,250
1,746
159,940
132.101
135,757
162,936
CredÉtor5'. amounts falling due ￿thin one
year
12
(11,407
{6,115)
Net current assets
124J50
156.821
Total net assets
175,018
213,096
Charity funds
Restricted funds
Unrestricted funds
13
13
17S,018
213,096
Total funds
175,018
213,096
The company was entitled to exemption from audit under section 477 ofthe Companies Act 2006.
The members have not required the company to obtain an audrt for the year in quests.on in accordance with
section 476 of Companies Act 20C6.
The trustees ackn￿edge their re$F*)n￿bIlrtieS for comptying wth the requirements of the Act wrth respect to
a¢countsng records and preparation of financial slatements.
The financial statements have been wepared in ￿)rdan￿ provisions a￿)lICab￿ to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the trustees on
and signed on their behalf by..
S J Leivers
{Chair of Trustees)
T D Kirkham
(Treasurer)
The notes on pages 10 to 19 form part of these financial statements.
Page 9

ThE PLEASLEY PIT TRUST
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Accounting pollcies
1.1 Basis of preparation of financial statements
The financial statemenls have been prepared in aCc￿rdan￿ with the Charities SORP IFRS 1021-
Accounting and ReF¥)rting by Charities.. Ststement of Recommended Practy"ce applicable lo charities
preparing their accounts in aCCordar￿e with the Financial ReF>￿tIng Standard applicable in the UK
and Republ￿ of Ireland {FRS 102) {effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) arKI the Companies Act 2006.
The plea￿eY Pit Trust meets the definIt￿)n of a publ￿ benefft enbty under FRS 102. Assets and
liabilities are initialty recognised al historical cost or transaclKJn value unths otherwise slated in the
relevant accounting poly.
1.2 Going concern
At the date of sh3ning there is a degree of uncertainty about the economic impact of COVID-19. The
directors continue to monf(or the ￿￿)th.0n closety however they beI￿ve that the company can conts'nue
at its current level of aGtivity and they therefore continue to adopt the going concem basis.
1.3 Income
All incorne is recc43nised once the ¢ompany has entitlement to the in¢ome. rt is Probab￿ that the
income will be received and the amount of income r￿e1vab￿ can be measured reliabty.
Grants are included in the statement of financial actNities on a r￿1Vable basis. The balance of
income receNed for sPery￿ purFX)ses but not expended during the period is shown in the relevant
nds on the balance sheet Vlhere income is received in advance of entiuement of receipt. its
recogn￿"On Is deferred and in¢luded in credrtors as deferred in¢orne. Wherg enb"tlement occurs
before Income is received. the income is accrued.
Where the donated g¢yJl is a fixed asset. rt is measured at fair value. unless it is impractical to
measure this reliabty, in whth case the cost of the item to the donor should be used. The gain is
recognised as income from donatjons and a corresponding amtyjnt is included in the appropriate
fixed asset ckss and depreciated over the useful economic life in accordance with the company's
accountin9 poliues.
On receipt. donated profes5K)nal Servi￿ and ￿.1￿9 are recognised on the basis of the value of
the gift to the company is the amount it woukl have been V￿llIng to pay lo obtain services or
facilrt*s of equivalent e¢onomi¢ benefft on the open market a Col￿pondIng amount is then
recognised in expenditure in the period of receipt
Other income is recognised in the kwityj in which rt is receivable and to the exlent the gcths have
been WOVKJed or on complebon of Ihe servi*.
Page 10

THE PLEASLEY PIT TRUST
la company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
A¢¢ounting poli¢i¢s (¢ontinU￿)
1A Expend6ture
Expenditure is recognLsed On￿ there a kgal or ¢onstruth"ve obligat￿In to transfer economic benefit
lo a third party, rt E probatAe that a transfer of e¢onomi¢ benefits will be required in setdement and
the amount of the obligatsn can be measured ￿1iabty. Expenditu￿ is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs. including support Costs
involved in undertaking each actM"ty. Direct cnsts attributsble to a single aclivty are allocated dire¢Uy
lo that activity. Shared costs which contn.bute to more than one aclivty and support costs which afe
not attributable to a ￿ngle acbvty are appO￿'0ned beN¥een Ihose athibes on a basis consistent with
the use of resources. Central staff costs are allccated on the basis of ts'me spent. and depreciation
charges all￿ated on the portion of the asset's use.
Expenditure on charitable ￿￿.¥11￿ is incurred on directy urKlertaking the activ￿.eS which further the
company's oty"eth"ve5. as ￿11 as any assocoted Sup[￿ costs.
All expenditure is inclusive of irrecoverable VAT.
1.S Govemment grants
Government grants relating to tangible fixed assets a￿ treated as (lelerred income and released to
the slalement of financial activitEs over the expected useful INes of the assets ¢on¢emed. Other
grants are credrted to the Statement of financhql actrv1t￿ as the felated expenditure is incurred.
1.6 Tangible fixed assets and deprnciation
Tangible fixed assets costing £50 or mcre we captslised and recognised *then future economic
benefrts are wobable and the cost or value of the asset can be measured reliabty.
Tangible fixe(l assets a￿ inrtialty re¢rJ3nwd at (xtst. After recognition, under the cost model, tangible
fixed assets a￿ measured at ¢ost less accumulated depreciation and any accumulated impaimient
losses. Al ¢osls Incur￿ to bring a tangib￿ fixed asset into its intended working conditKtrn should be
included in Ihe measurement of cost
Depreciation is charged so as to allcote the cost of taTrJible fixed assets less their residual value
over their estimated useful lives. .
Depreciation is kyowded on the frAlowing bases..
Sew-contsined buildrys
Plant and machinery
Fixtures and fittings
Office equipment
- 10% Stra￿ht line basis
10% Stra￿h1 line basis
10% straighl line basis
25% straight line l>asis
1.7 stocks
Stocks are valued al the lower of cost and net ￿all$ab￿ value after making due allowance for
obsolete and slow-moving st￿kS. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
Page 11

THE PLEASLEY TRUST
(a company limited by guaranleel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Accountlng pollcles (continu￿)
1.8 1)ebtors
Trade and other debtors are recc*3nised at the settlement amount after any trade discount offered.
Prepayments are valued at the am¢)unt prepaid net of any tr*Je discounts due.
1.9 Cash at bank and in hand
Cash at bank and ￿ hand indudes cash and short-tem highty liqupJ investmersts with a short maturity
of three months or Jess from the dale of acquisit￿ or opening of the deposrt or similar account.
1.10 Liabilitles and pwovlsions
Liabilities are recognised when there is an c*>I￿aIN￿ at the balan￿ sheet date as a resujt of a past
even( rt is probable that a transfer of economic benefft wll be required in settlement. and the amount
of the settlement can be esbmated reliably.
Liabilities are recognised at the amount that the company anticipates il will pay to setde the debt or
the amount it has received as advanced payments for the goods or servi¢es rt must provide.
ProvisTons are measured at the best estimate of the amounts required to setue the obligation. Where
the effect of the time value of money is material. the prov¢sion is based on the present value of those
amounts, discounted at the pre-tsx discount rate that refiects the risks specific to the liability. The
unwinding of the discount is re¢ognLsed in the ststement of financ￿[ a¢b"vth"es as a finance cost.
1.11 Flnancial instruments
The ¢ompany only has finanoal assets and finanaal liabilities of a kind that qualify as basic financial
instnJmenls. Basic financial instruments are initialty reccfvjnised at transaction value and subsequent
measured at their settlement value wih the eXCept￿n of bank loans which are subsequent
measured at arnOrt￿ed cosi using the effective interest melhcxj.
1.12 Oprnting leases
Rentsls paid undef operabng leases a￿ charged to the ststement of financial activrties on a straight-
line basis over the lease temi.
1.13 Pensions
The company operntes a defined ¢Onth"bulK￿ pension scheme and ￿ penS￿)n charge represents
the amounts payable by the ¢ompany to the fund in respect of the year.
1.14 Fund accountlng
General funds are unrestritt￿ funds are avaIL9b￿ for use * the discretion of the trustees in
furtherance of the general objecbves of the company and which have not been designated for other
purposes.
Page 12

THE PLEASLEY PIT TRUST
la company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
GgDernl information
The Ple2sley Pit Trust is a company limrted by guarantee. registered in England and Waks, registration
number 03826722 and a ¢haritable company reg￿tere(l wrth The Charity comrniss￿n. registration
nurnber 1077e60.
Income from donations and legacies
Unrnstricted
fvnds
2023
Totsl
fund5
2023
Total
funds
2022
Donations
General donations
Government grants
Bolsover District Council
JRS Scheme
8.000
779
896
896
8.784
Total 2022
8.784
8.784
Income from charftable activitles
Unrestricled
nds
2023
Total
funds
2023
Total
funds
2022
Cafe income
Income from The Land Trust
83.176
4.050
83,176
4,050
50,679
3,000
420
Income from dog training
Room hire
Sales of prc#Jucts income
74
74
190
87.490
87,490
54.099
Totsl 2022
54.099
Page 13

THE PLEASLEY PIT TRUST
la company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Analysis of ex￿ndit￿re by cost heading
Activilies
undertaken
directly
2023
T¢)tal
funds
2023
Total
funds
2022
Charitable activit¢es
126,464
126,464
54,264
Total 2022
54,264
54.264
Analysis of di￿¢1 costs
Total
funds
2023
Total
funds
2022
Staff costs
Depreciation
Telephone
Repairs and renevrdls
Printing, stalionery and advertising
Sundry exwses
Insurance
46,834
9.455
532
2,331
2,508
3,935
1,290
780
8,999
9.810
532
683
79
4,468
1,044
Training
PPE ¢osts
Donat￿nS
Rent, rates and refuse collection
Independent examination fees
Cafe expenses
Bank charges
78
2.010
14,556
2,640
36,831
2,762
10,833
1,482
14,817
1,439
126,464
54,264
Page 14

ThE PLEASLEY PIT TRUST
(0 ¢ompony limited ty guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Independent examinefs rnmuneratlon
2023
2022
Fees payable to the companls independent examiner for the independent
examination of the companys *nual a¢¢ounts
Fees payabte lo the compan￿5 independent examiner in reS￿t ot.
All olher seivices not included above
900
780
1,740
702
Staff costs
2023
2022
Wages and salaries
Contribution to defined contributM)n pension schemes
46,258
576
8,999
46,834
8,999
The average number of persons emthed by the company during the year was a5 follow5..
2023
No.
2022
Charitable *tivilies
No emrAoyee received remuneralion amounting to MO￿ tr￿n £60,000 in either year.
Truslees. remuneration and expenses
During the year. no trustees received any remuneration cff other benefrts12022 - £NILI.
During the year ended 5 April 2023. IK) trustee expenses have been incurred12022 - £NIL).
Page 15

THE PLEASLEY PIT TRUST
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Tangible fixed assets
Freehold
property
Plant and Fixtures and
Office
machinery
fittings •quipment
Total
Cost or valuation
At 6 April 2022
Addit￿nS
67.578
4.067
750
11,588
2882
4.756
616
87.9B9
3.848
At 5 April 2023
67.578
4,817
14,070
5.372
91,837
Depreciatlon
At 6 April 2022
Charge for the year
20,191
6,758
4,033
92
4.014
1,335
3,476
1,270
31,714
9,455
At 5 April 2023
4.125
5J49
4.746
41.169
Net book value
At S April 2023
40,629
692
8,n1
626
$0,668
At 5 April 2022
47.387
7.574
1,280
56,275
10. Stocks
2023
2022
Raw materials and consumables
1,400
1,250
11. Debtors
2023
2022
Prepayrnents and accrued ￿￿)me
2,256
1,746
Page 16

THE PLEASLEY prr TRUST
(a company limited by guarantee)
NOTES TO THE FINANCIAL STATENIENTS
FOR THE YEAR ENDED S APRIL 2023
11 Creditors: amounts falllng due within one year
2023
2022
Other tsxalion arKI socol se¢unty
Accruals and deferred income
750
10,657
108
6.007
11,407
6.115
13. Statement of funds
Stalement of funds - current year
Balance at 6
April 2022
Balance at 5
April 2023
Income Expenditure
Unrestricted funds
General Fund
213,096
88,386
(126,4641
175,018
ststement of fvnds- prlor year
Balan￿ at
6 April 2021
Balance at
Income Expendilure 5 April 2022
Unrestricted funds
General Fund
204.477
62.883
(54,2641
213,096
Page 17

THE PLEASLEY PIT TRUST
(a company limiled by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
14. Anatysis of net assets betwtsn funds
Anatysis of net assets belween funds- Cufrnnt year
Unrestricted
funds
2023
Total
fvnds
2023
Tangible fixed assets
Current assets
Creditors due within one year
50.668
135.757
111,407)
50,668
135.757
111,407}
Total
175.018
175.018
Anatysis of net assets between funds- prior year
Un￿StrICted
funds
2022
Total
funds
2022
Tangible fixed assets
Current assets
Credrtors due wthin one year
56,275
162.936
16.1151
56.275
162,936
16,115
Tolal
213.096
213,096
15. Pension ¢ommitsnents
The company 0￿rateS a defined contribution pension scheme. The assets of the scheme are held
separately from those of the company in an independentty administered fund. The pension cost charge
represents contributions payable by the company lo the lund and amounted to £576 12022 - £nil). There
were no amounts ayable to the fund at the baknce sheet date (2022 - £nill.
Page 18

THE PLEASLEY PIT TRUST
la company limiled by guaAntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
16. Operallng lease Commitments
At 5 AFMII 2023 the company had ¢ommitrnents to make fuiure minimum lease payments under non-
cancellable operabng teases as follows..
2023
2022
Not later than 1 year
Later than 1 year a￿j rM)t later than 5 years
3,600
7.200
3,600
10.800
10.800
14,400
There is an annual fixed amount of £3,600 payable and the balance is cak)Jlated as 10% of gross
turnover. In 2023 the total amount payable was £12.349 {2022 - £9.732).
17. Related party transactions
There are no reLated paty transacti(￿S to disclose.
18. Managers. liability insurance
The company has paKJ £325 (2022 - £255} for insurance cover for rnana9ers' liability covering the
directors.
19. Members. liability
Each member of the charitsble company undertakes to corknbute to the assets of the Company in the
event of it being wound up while helshe is a member. or within one year after helshe ceases to be a
member. such amount as may be required. not exceeding £1 for the debts and liabilit￿S contracted befo
helshe ceases to be a member.