| PAGE | ||
|---|---|---|
| Legal and Administrative | Details | |
| Report ofthe Trustees | 2-6 | |
| Independent Examiners |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 10-12 |
| NORTH | EAST AREA MINERS' | EAST AREA MINERS' | EAST AREA MINERS' | SOCIAL WELFARE TRUST FUND | SOCIAL WELFARE TRUST FUND | |||
|---|---|---|---|---|---|---|---|---|
| LEGAL AND ADMINISTRATIVE | DETAILS | |||||||
| Charity | Number | 504178 | ||||||
| Governing | Instrument | Trust Deed dated | 20 June 1977and supplemental | |||||
| Trust Deed dated | 16December 1999and new scheme | |||||||
| dated 16June | 2009 | |||||||
| Trustees | G Huitson | |||||||
| I Lavery | ||||||||
| D Anderson | ||||||||
| J Dunn | ||||||||
| SMusgrove | ||||||||
| A Mardghum | ||||||||
| Secretary | R O'Toole | |||||||
| CISWO | ||||||||
| The Old Rectory | ||||||||
| Rectory Drive | ||||||||
| Whiston | ||||||||
| Rotherham | ||||||||
| S604JG | ||||||||
| Solicitor | Mitchell Dodd |
&Co | ||||||
| 1A Elmfield Road | ||||||||
| GOSFORTH | ||||||||
| NE3 4DD | ||||||||
| Bankers | CAF Bank Ltd | |||||||
| 25 Kings Hill Avenue |
||||||||
| Kings Hill |
||||||||
| West Mailing | ||||||||
| KENT | ||||||||
| ME194QJ | ||||||||
| Independent | Examiner | J Wallage FCA | ||||||
| CISWO (Trading) | Limited | |||||||
| The Old Rectory | ||||||||
| Rectory Drive | ||||||||
| Whiston | ||||||||
| Rotherham | ||||||||
| S604JG | ||||||||
| Investment | Advisors | NPR Marsh/A | Jones | |||||
| Investec Wealth | 8 | Investment | Limited | |||||
| 100Old Hall Street | ||||||||
| Liverpool | ||||||||
| L3 9AB |
| Unrestricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||
| INCOME AND ENDOWMENTS | Note | E | E | ||
| Investment Income |
2 | 53,899 | 53,899 | 74,526 | |
| Bank/Stockbroker Interest |
12 | 12 | 107 | ||
| Total Income | 53,911 | 53,911 | 74,633 | ||
| EXPENDITURE | |||||
| Charitable Expenditure: |
|||||
| Grants Payable | 3 | 21,493 | 21,493 | 96,617 | |
| Admin and Social Work Support Service | 4 | (7,912) | (7,912) | 58,221 | |
| Convalescent Holidays |
5 | (9) | |||
| Governance Costs: |
6 | 23,141 | 23,141 | 23,158 | |
| Total Expenditure | 36,722 | 36,722 | 177,987 | ||
| Net (Expenditure) Before Investments |
17,189 | 17,189 | (103,354) | ||
| Net gains on investments | 7 | 227,476 | 227,476 | (322,338) | |
| Net Movement In Funds |
244,665 | 244,665 | (425,692) | ||
| Total Funds Brought Forward at 1 October 2020 | 2,122,979 | 27,243 | 2,150,222 | 2,575,914 | |
| Total Funds Carried Forward at 30September | 2021 | 2,367,644 | 27,243 | 2,394,887 | 2,150,222 |
| Note | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||||
| Investments | 2,223,661 | 1,995,083 | ||||||
| CURRENT ASSETS | ||||||||
| Interest Free Loans | Outstanding | 9 | 44,555 | 46,175 | ||||
| Debtors | 10 | 1 | ||||||
| Investment Short-Term |
Deposits | 54,380 | 20,973 | |||||
| Cash at bank and | in hand | 98,533 | 142,178 | |||||
| 197,468 | 209,327 | |||||||
| LESS:CURRENT | LIABILITIES | |||||||
| Creditors: amounts | falling due within one year | 11 | (26,242) | (54,188) | ||||
| Net Current Assets | 171,226 | 155,139 | ||||||
| TOTAL NET ASSETS | 2,394,887 | 2,150,222 | ||||||
| FUNDS | ||||||||
| Unrestricted Funds |
12 | 2,367,644 | 2, | 122,979 | ||||
| Endowment | 12 | 27,243 | 27,243 | |||||
| TOTAL FUNDS | 2,394,887 | 2,150,222 |
| 2021 | 2020 | 2020 | ||||
|---|---|---|---|---|---|---|
| 3, | GRANTS | E | ||||
| Grants Approved | - Paid | in Year | ||||
| Existing and Transferred | MWS | 15,768 | ||||
| Mining Related Groups | 13,425 | 79,328 | ||||
| Individuals | 323 | 731 | ||||
| Grants Approved | -Paid | after Year End | ||||
| Existing and Transferred | MWS | 900 | ||||
| Mining Related Groups | 6,845 | 790 | ||||
| Individuals | ||||||
| TOTAL GRANTS | 21,493 | 96,617 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| F | |||||||||
| 4. | ADMINISTRATION | AND | SOCIAL WORK SUPPORT SERVICE | ||||||
| CISWO Administration | Grant | 22,000 | |||||||
| CISWO Social Inclusion | Officer and Social Worker Grant | (7,912) | 36,221 | ||||||
| (7,912) | 58,221 | ||||||||
| 5. | CONVALESCENT | HOLIDAYS | |||||||
| Scalby | (21) | ||||||||
| Skegness | 12 | ||||||||
| Southport | |||||||||
| Scotland | |||||||||
| 6. | GOVERNANCE | COSTS | |||||||
| Accounting Fees |
3,458 | 3,374 | |||||||
| Investment Management |
Fees | 19,571 | 19,169 | ||||||
| Sundry Expenditure |
112 | 615 | |||||||
| 23,141 | 23,158 | ||||||||
| 7. | NET INVESTMENT GAINS | / LOSSES | |||||||
| Realised Gain / (Loss) on |
disposal of investments | 64,940 | (68,499) | ||||||
| Unrealised Gain |
/ (Loss) | on | investments | 162,536 | (253,839) | ||||
| 227,476 | ~322,336 | ||||||||
| 8. | INVESTMENTS | ||||||||
| At Valuation | |||||||||
| At 1 October 2020 | 1,995,083 | 2,415,790 | |||||||
| Purchases in year |
516,989 | 178,701 | |||||||
| Disposals | (450,947) | (345,569) | |||||||
| Unrealised Gains |
/ (Losses) | 162,536 | (253,839) | ||||||
| At 30September | 2021 | 2,223,661 | 1,995,083 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| E | ||||||
| 9. INTEREST FREE | LOANS | |||||
| Dawdon SWC - | Refurbishment | 22,700 | 22,700 | |||
| Stakeford & Bomarsund |
- Hall Refurb | 8,370 | 9,990 | |||
| Backworth Miners |
Welfare - Flat Refurb | 13,485 | 13,485 | |||
| 44,555 | 46,175 | |||||
| 10.DEBTORS | ||||||
| Prepayments, accrued income and other debtors |
||||||
| 11.CREDITORS | ||||||
| Bank Overdraft | 13,332 | |||||
| Accruals | 5,165 | 53,398 | ||||
| Grants approved | 7,745 | 790 | ||||
| 26,242 | 54,188 | |||||
| Unrestricted | Endowment | Total | ||||
| 12.NET MOVEMENT | IN FUNDS | Fund | Fund | Funds | ||
| E | E | |||||
| Balance brought | forward | at 1 October 2020 | 2,122,979 | 27,243 | 2,150,222 | |
| Movement in year |
244,665 | 244,665 | ||||
| Balance carried | forward | at 30September 2021 | 2,367,644 | 27,243 | 2,394,887 |
| Unrestricted | Endowment | ||||
|---|---|---|---|---|---|
| Fund | Fund | 2021 | 2020 | ||
| E | E | F | |||
| Fixed Assets | |||||
| Investments | 2,196,418 | 27,243 | 2,223,661 | 1,995,083 | |
| Interest Free Loans Outstanding | 44,555 | 44,555 | 46,175 | ||
| Current assets | |||||
| Debtors | 1 | ||||
| Short-Term | Deposits | 54,380 | 54,380 | 20,973 | |
| Cash at bank | 98,533 | 98,533 | 142,178 | ||
| Current Liabilities |
|||||
| Creditors | (26,242) | (26,242) | (54,188) | ||
| 2,367,644 | 27,243 | 2,394,887 | 2,150,222 |