2021-12-31-accounts

CINDERFORD WELFARE CENTRE

CHARITY NUMBER: 301498 FINANCIAL STATEMENTS

AND

ANNUAL REPORT

FOR

YEAR ENDING st 31 DECEMBER 2021

CINDERFORD WELFARE CENTRE

Contents for the Accounts for the Year Ending st December 31 2021

Legal and Administrative Details Trustees’ Annual Report Independent Examiner’s Report Statement of Financial Activities Balance Sheet Notes to the Accounts	Page
	1 2 6 8 9 10

CINDERFORD WELFARE CENTRE ADMINISTRATIVE DETAILS

Charity Number:

301498

Registered Office: Wesley Road Cinderford Gloucestershire GL14 2JN Trustees: Steve Halifax – Chair Rose Halifax - Secretary Steve Halifax – Treasurer Rob Lewis Norman Pettiford Scott Morgan

Accountant: Major PJ Buzzard FCCA, FCPFA, FMAAT Cedar Accountancy Services 4, Penkenna Close Crackington Haven, North Cornwall EX23 0PF

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TRUSTEES REPORT

Cinderford

Welfare Centre

(otherwise known as the Cinderford Miners Welfare Hall)

Trustees Report for the Year to

31[st] December 2021

The objects of the Cinderford Welfare Centre are :-

to provide or assist in the provision of facilities for the inhabitants of the town of Cinderford and the surrounding villages without distinction of political, religious or other opinions, for the recreation or other leisure time occupation in the interests of social welfare with the object of improving the conditions of life for the said inhabitants

to ensure the said land shall be held in trust for use to fulfil the objects of the charity

Charity Number 301498

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The trustees of the Cinderford Miners Welfare Hall during the year were :-

Steve Halifax – Chair/Treasurer Rose Halifax - Secretary Rob Lewis Norman Pettiford Scott Morgan

Current contact detail – 07551 032480 (Steve Halifax)

Chair's Report

The year to the end of December 2021 has been a particularly successful one for the Hall. The trustees, who I give many thanks to for their continuing support, have overseen a number of significant new activities in the Hall along with some successful development work making the Centre an ever more attractive venue for one-off or regular bookings or for long term use of some rooms in the Hall. We were pleased to continue our work with the Forest Community Media, Ken Penman Taekwondo Classes and Slimming World. We also had regular bookings from groups such as the Twirlers as well as continuing with helping local residents with car parking. In addition we have had regular support from the Wesley Players. We have had many new refurbishments including a new meeting/changing room, replastering of one side of the building and resealing of windows. Also major work was carried out on the lounge roof as water damage had occurred. This included refelting, new plastic trays and installing eighteen new air vents. The Twaikwondo room was relevelled throughout, completely redocorated and carpet tiles fitted. Many thanks to CISWO for their continued support.

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Treasurers Report

Our policy of renting out space in the building continues to have major benefits in offsetting Hall costs. The Community Media contributed £270.00 per month plus extra to cover the utility bills and the Twaikwondo make further payments of almost £500 per month plus utility bills. Slimming World contributed between £300 and £375 per month dependent on the number of Mondays. Katie O'Grady Drama Classes contributed £40 per week during schoool term times. Twirlstars contributed £40 weekly too. In November Didi Rugby began classes in the hall paying £40 per week in school term time. Coupled with residents parking charges, grants, donations, club and activity weekly bookings, parties and other events have given the Hall a revenue income of approximately £47,000. These monies have enabled the Hall to both continue to run effectively and make some significant infrastructure improvements. We continue to monitor costs carefully and have maintained a healthy current account balance throughout the year.

~~R~~ eserves Policy Statement

The ~~t~~ rustees confirm that no formal reserves policy has been adopted but that they will seek to mai ~~nt~~ ain sufficient financial reserves to enable the proper settlement of any debts incurred in run ~~n~~ ing the charity and hold, if possible, sufficient cash reserves to enable the running of the charity for a period of 6 months. We have assessed the likely financial risks to the organisation.

~~H~~ ow are we Meeting our Charitable objects?

1. by the provision of facilities for the inhabitants of Cinderford and surrounding villages by :-

booking in Dancing, Fitness, Self-Defence, Forrest Community Media, Wesley Players, Baton Twirling groups, Mother and Baby classes, Slimming World and Katie O'Grady Drama Classses holding events, private parties

staging regular weekend music events

~~h~~ osting meetings and charity events providing car parking for local residents

providing facilities for the provision of local services including Forest of Dean District Council.

1. by holding the land in trust – the land and building continue to be held in trust by the Official Custodian

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Public Benefit Statement

Trustees confirm that they have taken due notice of the guidance published by the Charity Commission in regards to the public benefit when reviewing the aims and objectives of the charity and in planning the activities.

Specifically they have, during the year to December 31[st] 2021, continued to provide a public meeting place for the Cinderford and the surrounding villages and to promote entertainment and the use of the facilities for a the use of formal and informal groups. These activities are provided to all irrespective of age, ability, faith, gender, sexual orientation, race, political view or any other belief, condition or trait. Furthermore the land will continue to be held in trust for the ongoing realisation of the charity’s objects.

Trustee Recruitment and Induction Statement

Trustees shall be elected by votes cast by those eligible to do so at the Annual General Meeting or be co-opted by the Management Committee at some other time provided the total number of trustees does not exceed the maximum number allowed. Prospective trustees shall put forward details of their potential contribution to the running of the charity and be appropriately proposed and seconded. Support for new trustees will be given by the provision of a pack containing details of the charity, records of meetings held in the past year and, if required, appropriate training to enable the new trustee to fulfil their role to the benefit of the charity and its beneficiaries.

~~T~~ his report was approved by the trustees on 29th March 2022

Name Steve Halifax

Role: Treasurer

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I ndependent examiner's report on the accounts
I
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INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

Report to the Trustees/ Members of CINDERFORD WELFARE CENTRE

On accounts for the year ended 31st December 2021.

Charity no 301498

Set out on pages 8-12 and the Trustees' Report on pages 1-5.

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2021.

Responsibilities and Basis of Report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance ~~w~~ ith ~~th~~ e requirements of the Charities Act 2011 (“the Act”).

~~I~~ report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

~~I~~ have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material resp ~~e~~ ct:

• •the accounting records were not kept in accordance with section 130 of the Charities Act; or

the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Signed:

Date: 29th March 2022

Paul Buzzard, FCPFA, FCCA, CITP, FFA, FMAAT, MBCS, MA. MSc (Charity Acc.) Chartered Public Finance Accountant and Chartered Certified Accountant Cedar Accountancy Services, 4, Penkenna Close, Crackington Haven, EX23 0PF

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CINDERFORD WELFARE CENTRE (CHARITY 301498)

INCOME AND EXPENDITURE Incoming Resources: Voluntary Income Donations: Donations Activities to Further the Charity's Objectives: Pool table Bingo Activities Paid at the Door Tea/Coffee Bar Hall Rental and Room Hire Activities to Generate Funds: Fund Raising Investment Income: Interest and Investments Gift Aid: Other Income (inc. Car Parking) Total Incoming Resources: Resources Expended: Wages Water Rates and Rates Gas and Electricity Cleaning & Waste Bingo, Raffles, Refreshment & Entertainment Alarm Newspapers (Adverts) Telephone Maintenance Insurances Bank Charges Accountancy Depreciation Sundries Total Resources Expended: Net Incoming/(Outgoing) Resources Other Recognised Gains & Losses Net Movement in Funds Total Funds Brought Forward Total Funds Carried Forward STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES	FOR THE YEAR	FOR THE YEAR	ENDED 31st DECEMBER 2021	ENDED 31st DECEMBER 2021
		Note 6	£ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £	Total 2021 29,164 £ - £ 4,109 £ - £ - £ 11,770 £ - £ - £ - £ 2,063 £ 47,105 £ - £ 600 £ 2,696 £ 2,114 £ 5,030 £ 286 £ 395 £ 755 £ 16,481 £ 3,016 £ 9.96 £ 400 £ 911 £ 1,713 £ 34,408 £ - £ 12,697 -£ 151,071 £ 163,769 £	Total 2020 31,928 290 2,807 - 105 8,418 - - - 2,368 45,916 - 618 2,506 442 1,685 12 226 513 36,799 2,931 - 400 1,012 395 47,539 - 1,623 152,694 151,071

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CINDERFORD WELFARE CENTRE (CHARITY 301498) BALANCE SHEET AS AT DECEMBER 31st 2019

Note Tangible Fixed Assets Tangible Assets 6,7 Investments 5 Current Assets: Debtors (Within 1 year) 2 Debtors (More than 1 year) Cash at Bank & In Hand 4 Creditors: (amounts falling within 1 year 3 Net Current Assets: Total Assets less Current Liabilities: Funds: Restricted Unrestricted Total Funds:		£ £ £	31st Dec. 2020 116,078 - 116,078 - - 48,091 48,091 400 47,691 163,769 116,078 47,691 163,769	£ £ £	31st Dec. 2019 116,989 - 116,989 - - 34,482 34,482 400 34,082 151,071 116,989 34,082 151,071
		£ £ £ £ £ £ £ £ £ £		£ £ £ £ £ £ £ £ £ £

The Financial Statements were approved by the trustees on: and signed on their behalf by:

Signed - Trustee

S Halifax - Treasurer

Date:29th February 2021

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CINDERFORD WELFARE CENTRE (CHARITY 301498)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021

Note:

1 Accounting Policies;

Basis Of Preparation Of Financial Statements:

The financial statements are prepared under the historic cost convention, and in accordance with the Financial reporting Standard for Smaller Entities (effective January 2007), and the Charities SORP 2016 (Accounting and Reporting by Charities) and comply with the Charities (Accounts and Reports) Regulations 2016 issued under the Charities' Act 2011.

Incoming Resources:

Grants Receivable are included in full in the Statement of Financial Activities in the year in which the conditions for their receipt have been complied with. Grants restricted to future accounting periods are deferred and recognised in those future accounting periods. Grants are apportioned to accounting periods on a time apportionment basis.

Voluntary income received by way of donations, and investment income, is included in full in the Statement of Financial Activities in the year in which it is receivable. The value of services by volunteers is not included.

Tangible Fixed Assets And Depreciation:

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over the expected useful lives.

Restricted Funds:

Restricted funds are to be used for the designated purposes as laid down by the original donors - the Miners of Cinderford.Expenditure which meets the criteria is charged to the fund. The endowments are predominatly the buildings and land which costitute the centre.

Unrestricted Funds:

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

Resources Expended:

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. Resources expended are allocated to the particular activity where the cost relate to the activity.

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CINDERFORD WELFARE CENTRE (CHARITY 301498)

Note: NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021

----- Start of picture text -----
2 Debtors: Year End Year End
31st Dec. 31st Dec.
Falling Due Within One Year: 2021 2020
Other Debtors £ - £ -
VAT £ - £ -
Total Falling Due Within One Year: £ - £ -
Debtors falling due after more than one year £ - £ -
3 Creditors:
Falling Due Within One Year:
Accruals £ 400 £ 400
Total Falling Due Within One Year: £ 400 £ 400
Creditors falling due after more than one year £ - £ -
4 Cash at Bank and In Hand
Current Account £ 48,091 ######
Total: £ 48,091 ######
5 Investments
None £ - £ -
£ - £ -
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CINDERFORD WELFARE CENTRE (CHARITY 301498)

Note: NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021

6 Tangible Fixed Assets:

Freehold Property Cost: As at 1 January 2021 107,882 £ £ Additions - £ £ Disposals - £ £ As at 31st December 2021 107,882 £ £ Accumulated Depreciation: As at 1 January 2021 - £ £ Charge for Year - £ £ Disposals - £ £ As at 31st December 2021 - £ £ Net Book Value As at 1 January 2021 107,882 £ £ As at 31st December 2021 107,882 £ £ Net Book Value as at 1st Jan. 2021 118,002 £ Net Book Value as at 31 Dec. 2021 116,078 £ Depreciation Charge for the Year 911 £ Depreciation Method - 10% Reducing Balance for all but Property.	Computer Equipment 2,378 - - 2,378 1,934 44 - 1,978 444 400	Furniture
		###### - £ - £ ###### ###### 866 £ - £ ###### 8,663 £ 7,797 £

7	Net Incoming/(Outgoing Resources) For The Year This is stated after charging: Depreciation of Tangible Fixed Assets Trustees Expenses Independent Examiner's Fees	Year Ended Year Ended 31st Dec. 31st Dec. 2021 2020 911 £ 1,012 £ - £ - £ 400 £ 400 £ 1,311 £ 1,412 £

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