2025-09-30-accounts - North East Area Miners' Social Welfare Trust Fund

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	`PAGE`
`LegalandAdministrativeDetails`	`1`
`ReportoftheTrustees`	`2-5`
`independentExaminersReport`	`6`
`StatementofFinancialActivities`	`7`
`BalanceSheet`	`8`
`NotestotheFinancialStatements`	`9-11`

`CharityNumber`	`504178`
`Governinginstrument`	`TrustDeeddated20June1977andsupplemental`
	`TrustDeeddated16December1999andnewscheme`
	`dated16June2009`
`Trustees`	`GHuitson(Resigned14/9/2025)`
	`\|Lavery`
	`DAnderson`
	`JDunn`
	`SMusgrove`
	`SGuy(Appointed 23/4/2025)`
`Secretary`	`RO'Toole`
	`CISWO`
	`TheOldRectory`
	`RectoryDrive`
	`Whiston`
	`Rotherham`
	`$604JG`
`Bankers`	`CAFBankLtd`
	`25KingsHillAvenue`
	`KingsHill`
	`WestMalling`
	`KENT`
	`ME194QJ`
`IndependentExaminer`	`JWallageFCA`
	`CISWO(Trading)Limited`
	`TheOldRectory`
	`RectoryDrive`
	`Whiston`
	`Rotherham`
	`$604JG`
`investmentAdvisors`	`DOwen/AJones`
	`RathbonesInvestmentManagement`
	`PortofLiverpoolBuilding`
	`PierHead`
	`Liverpool`
	`L3INW`

		`Unrestricted`	`Endowment`	`Total`	`Total`
		`Funds`	`Funds`	`2025`	`2024`
`INCOMEANDENDOWMENTS`	`Note` `—e`	`£`	`£`	`£`	`£`
`InvestmentIncome`	`2`	`62,584`	`-`	`62,584`	`53,051`
`DonationsReceived`		`160`	`-`	`160`	`-`
`Bank/StockbrokerInterest`		`1,029`	`-`	`1,029`	`3,723`
`TotalIncome`		`63,773`	`~`	`63,773`	`56,774`
`EXPENDITURE`
`CharitableExpenditure:`
`GrantsPayable`		`101,559`	`-`	`101,559`	`38,644`
`GovernanceCosts:`		`23,943`	`-`	`23,943`	`19,817`
`TotalExpenditure`		`125,502`	`-`	`125,502`	`58,461`
`Net(Expenditure)BeforeInvestments`		`(61,729)`	`-`	`(61,729)`	`(1,687)`
`Netgainsoninvestments`		`92,363`	`-`	`92,363`	`191,459`
`NetMovementInFunds`		`30,634`	`-`	`30,634`	`189,772`
`TotalFundsBroughtForwardat1 October2024`		`1,819,150`	`27,243`	`1,846,393`	`1,656,621`
`TotalFundsCarriedForwardat30September2025`		`1,849,784`	`27,243`	`1,877,027`	`1,846,393`

	`Note`		`2025`		`2024`
		`£`	`£`	`£`	`£`
`FIXEDASSETS`
`Investments`	`5`		`1,831,077`		`1,766,120`
`CURRENTASSETS`
`InterestFreeLoans Outstanding`	`6`	`12,390`		`21,510`
`Debtors`	`7`	`2,316`			`35`
`InvestmentShort-TermDeposits`		`50,136`		`35,657`
`Cashatbankandinhand`		`8,431`		`29,148`
		`73,273`		`86,350`
`LESS:CURRENTLIABILITIES`
`Creditors:amountsfallingduewithinoneyear`	`8`	`(27,323)`		`(6,077)`
`NetCurrentAssets`			`45,950`		`80,273`
`TOTALNETASSETS`			`1,877,027`		`1,846,393`
`FUNDS`
`UnrestrictedFunds`	`9`		`1,849,784`		`1,819,150`
`Endowment`	`9`		`27,243`		`27,243`
`TOTALFUNDS`			`1,877,027`		`1,846,393`

		`2025`		`2024`
`3.`	`GRANTS`	`£`		`£`
	`GrantsApproved- PaidinYear`
	`ExistingandTransferredMWS`		`-`	`6,749`
	`MiningRelatedGroups`	`83,559`		`30,600`
	`Individuals`		`-`	`1,295`
	`GrantsApproved- PaidafterYearEnd`
	`ExistingandTransferredMWS`		`-`		`-`
	`MiningRelatedGroups`	`18,000`			`-`
	`Individuals`		`-`		`-`
	`TOTALGRANTS`	`101,559`		`38,644`

			`2025`	`2024`
			`£`	`£`
	`GOVERNANCECOSTS`
	`AccountingFees`		`4,065`	`3,907`
	`InvestmentManagementFees`		`16,680`	`15,603`
	`LegalFees`		`2,195`	`-`
	`SundryExpenditure`		`1,003`	`307`
			`23,943`	`19,817`
`.`	`INVESTMENTS`
	`MarketValueasat`	`1October`	`1,766,120`	`1,559,382`
	`Additionsatcost`		`146,286`	`180,725`
	`Disposalproceeds`		`(173,692)`	`(165,446)`
	`Netinvestmentgain`		`92,363`	`191,459`
	`Marketvalueasat30September`		`1,831,077`	`1,766,120`
	`Costasat30September`		`1,523,125`	`1,560,657`
	`INTERESTFREELOANS`
	`Stakeford& Bomarsund- HallRefurb`		`1,890`	`3,510`
	`BackworthMinersWelfare- Tractor`		`2,500`	`6,000`
	`EasingtonSocialWelfareCentre- UtilityDebts`		`8,000`	`12,000`
			`12,390`	`21,510`
	`DEBTORS`
	`Prepayments,accruedincomeandotherdebtors`		`2,316`	`35`
`.`	`CREDITORS`
	`Accruals`		`8,351`	`5,287`
	`Grantsapproved`		`18,972`	`790`
			`27,323`	`6,077`

		`Unrestricted`	`Endowment`	`Total`
`9.`	`NETMOVEMENTINFUNDS`	`Fund`	`Fund`	`Funds`
		`£`	`£`	`£`
	`Balancebroughtforwardat1 October2024`	`1,819,150`	`27,243`	`1,846,393`
	`Movementinyear`	`30,634`	`-`	`30,634`
	`Balancecarriedforwardat30September2025`	`1,849,784`	`27,243`	`1,877,027`

	`Unrestricted`	`Endowment`
	`Fund`	`Fund`	`2025`	`2024`
	`£`	`£`	`£`	`£`
`FixedAssets`
`Investments`	`1,803,834`	`27,243`	`1,831,077`	`1,766,120`
`InterestFreeLoansOutstanding`	`12,390`	`-`	`12,390`	`21,510`
`Currentassets`
`Debtors`	`2,316`	`-`	`2,316`	`35`
`Short-TermDeposits`	`50,136`	`-`	`50,136`	`35,657`
`Cashatbank`	`8,431`	`-`	`8,431`	`29,148`
`CurrentLiabilities`
`Creditors`	`(27,323)`	`-`	`(27,323)`	`(6,077)`
	`1,849,784`	`27,243`	`1,877,027`	`1,846,393`