| PAGE | ||
|---|---|---|
| Legal and Administrative | Details | |
| Report ofthe Trustees | 2-5 | |
| Independent Examiners |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 9-11 |
| NORTH | EAST AREA MINERS' | EAST AREA MINERS' | EAST AREA MINERS' | SOCIAL WELFARE TRUST FUND | SOCIAL WELFARE TRUST FUND | SOCIAL WELFARE TRUST FUND | |||
|---|---|---|---|---|---|---|---|---|---|
| LEGAL AND ADMINISTRATIVE | DETAILS | ||||||||
| Charity | Number | 504178 | |||||||
| Governing | Instrument | Trust Deed dated | 20June 1977and supplemental | ||||||
| Trust Deed dated | 16December 1999and new scheme | ||||||||
| dated 16June 2009 | |||||||||
| Trustees | G Huitson | ||||||||
| I Lavery | |||||||||
| D Anderson | |||||||||
| J Dunn | |||||||||
| S Musgrove | |||||||||
| A Mardghum | (resigned | 30/6/2022) | |||||||
| Secretary | R O' Toole | ||||||||
| CISWO | |||||||||
| The Old Rectory | |||||||||
| Rectory Drive | |||||||||
| Whiston | |||||||||
| Rotherham | |||||||||
| S604JG | |||||||||
| Solicitor | Mitchell Dodd |
8 | Co | ||||||
| 1A Elmfield Road | |||||||||
| GOSFORTH | |||||||||
| NE3 4DD | |||||||||
| Bankers | CAF Bank Ltd | ||||||||
| 25 Kings Hill Avenue |
|||||||||
| Kings Hill |
|||||||||
| West Mailing | |||||||||
| KENT | |||||||||
| ME194QJ | |||||||||
| Independent | Examiner | JWallage FCA | |||||||
| CISWO (Trading) | Limited | ||||||||
| The Old Rectory | |||||||||
| Rectory Drive | |||||||||
| Whiston | |||||||||
| Rotherham | |||||||||
| S604JG | |||||||||
| Investment | Advisors | NPR Marsh/A | Jones | ||||||
| Investec Wealth | & | Investment | Limited | ||||||
| 100Old Hall Street | |||||||||
| Liverpool | |||||||||
| L3 9AB |
| Unrestricted | Endowment | Total | ~To I |
||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||
| INCOME AND ENDOWMENTS | Note | F | F | F | |
| Investment Income |
2 | 57,412 | 57,412 | 53,899 | |
| Bank/Stockbroker Interest |
186 | 186 | 12 | ||
| Total Income | 57,598 | 57,598 | 53,911 | ||
| EXPENDITURE | |||||
| Charitable Expenditure: |
|||||
| Grants Payable | 3 | 12,288 | 12,288 | 21,493 | |
| Admin and Social Work Support Service |
4 | (7,912) | |||
| Governance Costs: | 5 | 23,377 | 23,377 | 23,141 | |
| Total Expenditure | 35,665 | 35,665 | 36,722 | ||
| Net (Expenditure) Before Investments |
21,933 | 21,933 | 17,189 | ||
| Net gains on investments | 6 | (255,333) | (255,333) | 227,476 | |
| Net Movement In Funds |
(233,400) | (233,400) | 244,665 | ||
| Total Funds Brought Forward at 1 October 2021 | 2,367,644 | 27,243 | 2,394,887 | 2,150,222 | |
| Total Funds Carried Forward at 30September | 2022 | 2,134,244 | 27,243 | 2,161,487 | 2,394,887 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 3, | GRANTS | f | |||
| Grants Approved | - Paid | in Year | |||
| Existing and Transferred | MWS | ||||
| Mining Related Groups | 3,600 | 13,425 | |||
| Individuals | 323 | ||||
| Grants Approved | - Paid | after Year End | |||
| Existing and Transferred | MWS | 6,926 | 900 | ||
| Mining Related Groups | 1,762 | 6,845 | |||
| Individuals | |||||
| TOTAL GRANTS | 12,288 | 21,493 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 4. | ADMINISTRATION AND |
SOCIAL WORK SUPPORT SERVICE | |||
| CISWO Administration Grant |
|||||
| CISWO Social Inclusion | Officer and Social Worker Grant | (7,912) | |||
| (7,912) | |||||
| 5. | GOVERNANCE COSTS | ||||
| Accounting Fees |
3,544 | 3,458 | |||
| Investment Management |
Fees | 19,470 | 19,571 | ||
| Sundry Expenditure |
363 | 112 | |||
| 23,377 | 23,141 | ||||
| 6. | NET INVESTMENT GAINS | / LOSSES | |||
| Realised Gain on disposal ofinvestments | 49,025 | 64,940 | |||
| Unrealised (Loss) / Gain |
on | investments | (304,358) | 162,536 | |
| ~255,333 | 227,476 | ||||
| At Valuation | |||||
| At 1 October 2021 | 2,223,661 | 1,995,083 | |||
| Purchases in year |
413,941 | 516,989 | |||
| Disposals | (353,287) | (450,947) | |||
| Unrealised (Losses) / Gains |
(304,358) | 162,536 | |||
| At 30September 2022 | 1,979,957 | 2,223,661 | |||
| 8. | INTEREST FREE LOANS | ||||
| Dawdon SWC - Refurbishment | 22,700 | 22,700 | |||
| Stakeford 8 Bomarsund - |
Hall Refurb | 6,750 | 8,370 | ||
| Backworth Miners Welfare |
- Flat Refurb | 8,302 | 13,485 | ||
| 37,752 | 44,555 |
| 9. DEBTORS | 2022 f |
2021 F |
||||||
|---|---|---|---|---|---|---|---|---|
| Prepayments, | accrued | income and other debtors | ||||||
| td. ~CREOITOR | ||||||||
| Bank Overdraft | 13,332 | |||||||
| Accruals | 5,162 | 5,165 | ||||||
| Grants approved | 9,548 | 7,745 | ||||||
| 14710 | 26 242 | |||||||
| ~Uence | tcted | Endowment | Total | |||||
| 11.NET MOYEMENT | IN FUNDS | Fund | Fund | Funds | ||||
| F | F | |||||||
| Balance brought | forward | at 1 October 2021 | 2,367,644 | 27,243 | 2,394,887 | |||
| Movement in year |
(233,400) | (233,400) | ||||||
| Balance carried | forward | at 30September 2022 | 2,134,244 | 27,243 | 2,161,487 |
| Unrestricted | Endowment | |||||
|---|---|---|---|---|---|---|
| Fund | Fund | 2022 | 2021 | |||
| Fixed Assets | ||||||
| investments | 1,952,714 | 27,243 | 1 | 979957 | 2 223661 | |
| interest Free Loans Outstanding | 37,752 | 37,752 | 44,555 | |||
| Current assets | ||||||
| Debtors | 25 | 25 | ||||
| Short-Term Deposits Cash at bank |
80,632 77,831 |
80,632 77,831 |
54,380 98,533 |
|||
| Current Liabilities |
||||||
| Creditors | (14,710) | (14,710) | (26,242) | |||
| 2,134,244 | 27,243 | 2,161,487 | 2,394,887 |