Charity regi51r8tion number: 226547 The Miners Convalescent Home (Blackpool) Annual Report and Financial Statement5 ror the Year F.nded 31 Ma￿h 2025 Beckett Rawcliffe Limited Chartered Accountants Beckett House Sovereign Court W)ryefields Poulton 1¢ Fylde Lanc￿hlre FY6 8JX Th¢ Miners Convales¢enl Home (Blackpool) Contents Reference and Administrative Details Tnjstces, Rcpon Indepcndent examiner's report Statement of financial aetiviiies Balance Sheet No￿S ro the financial Sta￿MentS 6t0 12 The followinb page doe5 noi forni pari of the stalutory financial statements.. Staternenl of financial activities per fund The Miners Convaleseent Home (Blaekpool) Ref¢rence and Administrative Details Charity ngmt The Miners Convalescent Home (Blackpool) Charity registration Dumber 226547 Principal offiee 30 Queens Proinendde Blackpool Lan¢ashire FY2 9RN Registered o(fTee 30 Queens Prom¢nade Blackpool L￿nC￿h1re FY2 9RN Trustees Mr J Dowling, Chairman Mr T Meadows Mr P Lomas Mr P Browell (Decea%d 9 April 2025) Mr W Kelly Mr D Martin Mr G Eave5 Mr J Lockett Mr Ken Burgess Bgnker5 Barclays Bank PIC Leieesler LE87 2BB Aeeount8nt B￿kett Raw¢lifft Limited Beckett House Sovereign Court W>Yefields Poulton le Fylde Lynt￿h1rC FY6 8JX lllvestment Advi50r Be¢kells F S Limited Beckeit Hou5¢ WyTefi¢ldg Poulton Business Park Poultvn-le-Fylde FY6 7JX Page I The MiDers Convalescent Home (Blackpool) Trustees, Report The trustees preseni their report and the finan¢ial slateTllent5 L)rthe eharity for the year ended 31 st March 2025. Reference and adininistrative details are shown in the scl)edule of trustees and piofessional adviser5 On page l of Ihe lin&ncial sLalements. Thc trustees The irusiees who servtd ihe charity during the year are deiailed on pagc l. Structure, governanee and managemcnt The charity wa5 fomied on 21 sl May 1991 and registered undcr the Charities Act, regisiraiion number 2?6547. Thc chariiy is govemed under a Charily Commission Scheme dated I si October 2002. The board of I'rustees has discretion to appoint new irnstees. It is ihe policy of ihe ch(Irily that *rustee5, both new and exislillb, altend as many trustec Tneeiings a5 PO55ible. which are nomially held hdlf yearly. New Irustecs are guided thi'ougli their re￿pOnSibl7itlcs b>, Ihe scrvin& irusiees. GoverD&nce, management and financial conlrol are administered from the chariry's propety 30 Quttns Promenade, Norrh Shore, Blackpool. FY2 9KN. All major decisions are made by the trust¢¢s. Objectives a¢tivitie5 for the publie benefit The trustees confirni they have r¢ferred 10 the b7uidan¢¢ coniaincd in the Charity Commissioners, generdl giiidance on public benefit when reviewing tl)e chdriiy's objectives and future plans. Thc principal rhariiable objeciive of the charity is as fL)IIows'. The provision and maint¢nance of a convalescent home lor the bencflt of workers who are or hav¢ been employed in the coal indu%iry in the Lancashire, Cheshire, Staffordshire, North Wales. worcestershi￿ and Shropshire districts of ihc British Coal Corporation. If and in so far as ihe convalescent hoine is not required for occupation by such workers aforesaid then the trusiees may permit the following persons to use the convalescent home upon such lemis and at such ¢harges as thc trustees may from time lo lime determine. Conval¢scence for workers who are or who have been employed in the coal indusiry in areas other than the area of benefit. The trustees may also provide convalesc¢nce for any persons, and wh¢n appropriate their caTer5, who are or havc b¢en employed in the coal industry in the area of bcnefit and who are unable because of disability or for 50mc other reasan (he trustees consider is propcr justificaiion to Use ihe convalescent hotne. by such methods as the trnstees deiermine appropriate. The principal activity of the charity is.. Promotints and improving ihe h¢alih. social well being and conditions of living foi the beneficiari¢s and their spouses when 2ttendingF as guesls al the home. Achievements and ptrformance The trustees Consider that ihey have met their objectives for the curreni financial year and hav¢ continued to provid¢ the level of service to guests. when possible to do so and despite the background of a global pandemic. Finaneial review Page 2 Thc Miners Convalescent Home (Blackpool) Trustees, Report The charity susiaii)s irading deficits on annual basis and is dependent on the performance ol. its investments to mitigate such losses. The truslees appTeciate therefore that the charity, has a finile length which will be deiemiined by the level of fund5 held. The trustees tonsider thai the level of reserves currently held is sufficient for the charity to operate for at leasi the next nventy ycars. Reserves policy Expenditurc exceed5 income annually and as custodians of the charhty's funds it is the trustees. policy to mainiain reserves ai as higih a level as possible given the current economic clima1¢. The charity heavily relie5 on the perfonnance of ils investi￿ents in order to achieve it5 principal objectiv¢. The perfortnancc of these investments can be seen in Ihe accounts ai Noic I l. Plans for future period5 The charity will continue io ¢atYy out its main chariiablc aciiviry and pury)05e and has no plans to increase or curtail ihe current l¢vel of activity. The trustees recognise that the charity's operations hav¢ a finit¢ life but consider that the funds held will be sufficieni lo be able to continue lo provide the level of 5ervic¢ to the charity's beneficiaries for ihe foreseeable future. Trustees, rest￿n81b111lItS in relation to ihe finaneigl statements The tnjstees are responsible for preparing the Trus(e¢s' Report and the financial statemcnis in accordanc¢ with applicable law and Uniied Kingdom Accounting Stsndards (United KingdE)m Cjenerally Accept¢d Accounting Practi¢e}. Trustee5 are rcquired by (he law applicable to chariiics in Fngland and Wales io prepare finan¢ial ststcmenis for ¢ach linaiicial year which give a true and fair view of the charity's State of affairs and its incoming rcsourccs and pplicaiion ot resource for that period. In preparing iho.se financial Statements, the iTUStees are required to.. sclect suitable aecounting policies and apply them consisiently. observe the methods and principles in the Charities SORP; make judgements and ¢stiTnates that arc reasonable and prudeTht', state whether applicable accouniing standards have been followed, subje¢t to any material departures disclosed and explain¢d in the finan¢ial staternenis- and preparc the finanLial statements on a going concern basis unless it IS I113ppropriate to presume ihat the chariry will continue in operation. The trustees are responsible for keeping property accounling record5 which disclose with reasonable accuracy Ihe financial position of the charity and enable ihem to ensure th¢ financial siatem¢niS comply with the Charities Aci 1993. the Charily (Accounts and Reports) Regulations 2008 and the PTovisions of the trust deed. Thcy havt generdl responsibility for taking such %teps as are r¢asonably open to ihein io safeguard ihe asset5 of the charity and to prevent aiid detect fraud and other irregularities. Approved by the I'rusie¢s on 13 October 2025 and shgned on their behalf by.. Mr J Dowling Truste¢ Page 3 Jndepcndent F.xaminer's Report to the Trustees of The Miner5 Convalescent Home (Blydckpool) I report on the accounts of the-l rust for th¢ year cndcd 31 March 2025. which are set out on pages 5 to 13. Respective re5pon5ibilities of trustets and examiner The trustees arc responsible for ihe preparaiion af the acco￿￿15. The trustees consider ihai an audit is not required lor this year und¢r section 144(21 of the Charitie5 Act ?01 l(the 201 l Aci} and that an independenl exarnination is needcd. It 15 my responsibiliiy to- examine the accounts under section 145 of the 201 l Ari: follow ihe procedure5 laid down in ihe General Directions given by the ChaTiÈy Cotnmission under section 14515) (bl of th¢ 201 l Aci; and state whether particular rtlatters havc come to my atteniion. B&$i5 of independeDt ex#miner's report My exan)ination was carried oui in accordance wilh Ihe Cieneral Directions given by the Charity Commission. An exainination includes a review of the accounting records kept by the charity and a comparison of the accounts PTesented with those records. It also includes consid¢r¢ilion of any unusual items or disclosures in the accounts. and se¢king cxplanaiions from you as trusiees conLeming> any such tnatters. The procedures undertaken do not providc all the cvidence ihai would be required in an audit and consequently no opinion is given as 10 whether the accounts pr¢%cnt a 'true and fair view. and ihe r¢port is IiTniled io those matter5 set out in the statemeni bclow. lrtdepend¢nt examiner'5 Statement In connection with my examinaiion. no mailer has com¢ lo my attention.. I l) which gives me reasonable cause to believc thai in any maierial respect ihe requirements.. to keep accounting records in accordance with section 130 of the Act., and io prepare accounts which accord with thc ac¢ouniing records and comply with the accounting quii'emenis of the 201 l Act ot been met: or which, in my opinion. attention should be drawn kn order lo ellable a proper understanding of ihe accounts to be reached. (2} Beckett House Sovereign Court Wyeficlds Poulion le Fylde Lancashire FY6 8JX David A l.larben Bsc fcA Beckett Ilawcliffe l.imited Chartered Accountants 13 October 2025 Page 4 The Miners Coni'ale5c¢nt Home (Blaekpool) Statement of Fin8n¢ial Activitie4 for ihe Year Ended 31 March 2025 Unrestrieted Total Funds Funds 2025 Tot21 Funds 2024 Note Incoming resources Incoming resources from generdted fut]ds Activities for generaling funds Inv¢stmetht incom¢ Total incoming resources 241,768 34.747 276,5 15 241,768 34,747 276,515 226.383 Jl,335 257,718 Resources expLnded Cosls of generating funds Cost% of generatinbT voluntary income Charitable aeiiviries Oovernance cosis Toral resources expended 438,133 7,149 445,28? 438,133 7,149 445,282 397,257 5,502 402,759 Net outgoing Tesourccs bcfore other recognised gains and losses {168,767) {168,767) (145,041) Other re¢ogni5ed Eainsllosses {Los5¢5ygain% on investinent assets (17.454) 117,454) 43.088 Net movements in funds (186,221) 1186,2211 (101,9531 Reconciliation of funds Total funds brought forward Total funds carried fonvard 1,866.211 1,679,990 1.866,211 1,679,990 1,968,164 1.866,211 All incoming resources and resources expended derive from continuing activities. The rtores oil pages 7 to 13 fonn an in(cgral part of ihese financial statemeDt%. Page 5 The Miners CoDvalescent Home (Blackpool) Balance Sheet as at 31 Mareh 2025 2025 2024 Note Fixed 855ets Tangible assets Investments 371,958 1,302,355 1,674,313 373,770 1,475.063 1,848,833 Current a$5ets Stocks and *'ork in progress Debtors Cash at bank and in hand 3.200 1.150 18,833 23.183 2.200 10 35,465 Credltor5: Amoun15 falling due within on¢ year (18,087) 117,506) 5,677 17,378 Net current 3sset5 1,679.990 1,866.211 Net asset5 The funds of the Charity.. Unr¢5tricted funds Unrcstricted incoine funds 1,679.990 1,079,990 .866,211 1,866,?11 Total charit> funds Approved by ihe Board un 13 Octobcr 2025 and sign¢d on its b¢half by.. Mr J Dowling Trust¢e The notes on pages 7 to 13 forni an integral pan of these financial statements. Page 6 The Miners Conval¢8cent Home (Blaekpool) Notes lo the FiDanci#l Statements for the Year Ended 31 March 2025 Aeeountink poliekes B85is of preparation The financial s(ateTnents have been prepared under ihe historical cost convcntioTr in accordance with the Statement of Recommended I'ractice 'Accouniing and Reporting by Cliarities (SORP 2005)., ISSU￿ in March 2005, applicable accounting sittndards and the Chariiies Aci 2011. Fund accounting policy Unrestricted income tunds are tscneral funds that are available for use ai the trustees. discretion in furtherance of the objeciives of the chari(y. Further d¢tails of each fund are dhsclosed in note 14. Ineoming resources Inwesimeni intome is recognistd on a receivable basis. The income is d¢Tived directly from the ii)vesimenis held by the charily. Resources expended Liabilities are r¢¢ognised as 500n as therc is a legiil or constructive obligation toinmitling the chariry io the expenditure. All expeBdiiure is accounted for on an accrua15 basis and has been classified under h¢adings Ihat aggretsatc all cvsis related io the category. Costs of ¥eneraiing fund5 aT¢ the ¢osis associated wilh attracting voluntary income. Chaiiiable cxpendiiure compris¢s those costs incurred by the charity in the delivery of its activities and servicts for its beneficiaiies. li includcs both costs ihat Cali be allocated directly io such a¢tiviiies and thos¢ costs of an indir¢ti nature nec¢s5ary to support iheni. Govern8nce c05tS Govemance costs include costs of ihe prepardiion and examination of lh¢ statutory accounts, the costs of trust¢e meciings and the cost of any legal advice to Inistecs on goveniance or consiitutional matters. Fixed a55ets Individual fixed assets costing £1 or mor¢ are initially r¢eorded at cost. Depreciation Depreciation 15 provided on tan&iible fixed a55Cts so as io ivrite otr the cost or valuaiion. less any estimated residual value, over thcir cxpecied us¢ful ¢conoTnic life as follows.. l (P/& reducing balance basis Do provision made Fixtures and fittings rreehold land and buildings Page 7 The Miners Convalesecnt Home (Blackpool) Notes lo the Financial Statements for the Year Ended 31 Mareh 2025 Investments Fixed asset investmenis are included at market value at the balance sheet date. Realised gains and losses on investments are calcul8ted as the dilTerence bctween sales proceeds and theiT mark¢t value at the siart of the year, or their subsequent cost. and are Charged or credi￿d io the statcment of ihe financial activities in the peiiod of disposal. Unrealised Bains and loss¢s represent the movement in market values duriiig ihe year and are cr¢dited or charged to the siatement of finaiicial activities based on the tllarket valiie at the year end. Stock Stock is valued 7£ I the lower of cost and nei re