2022-12-31-accounts

		Page(s)
Trustees' report		4- 10
Auditors' report
Statement ofFinancial	Activities	12
Balance sheet		13
Cash flow statement		14
Notes to the financial	statements	12-23

Charity Registration	Charity Registration	Charity Registration	Number:	507439
Principal	(Registered)		Office:	NUM
				Unit 2 Maritime	Offices
				Woodland Terrace
				Maesycoed
				Pontypridd
				CF37 1DZ
Convalescent		Home:		Court Royal Convalescent			Home
				Southcliff Road
				Bournemouth
				Dorset
				BH2 5BE
Trustees:				Mr W Thomas
				Mr T O' Sullivan	OBE
				Mr KTWilliams
				Mr GJRoberts (resigned			December 2022)
				Mr C Earland
				Mr M RParsons
Secretary:				Mrs D Edwards
Auditors:				RH Jeffsk Rowe
				27/28 Gelliwastad		Road
				Pontypridd
				CF37 2BW
Bankers:				Unity Trust Bank		PLC
				Nine Brindley Place
				Birmingham
				Bl 2HB
Investment		Advisors:		Sarasin &Partners		LLP
				Juxon House
				100StPauls Churchyard
				London
				EC4M 8BU

Week Commencing	TUKS	2022
JANUARY	4	CLOSED
	11	CLOSED
	18	CLOSED
	25	13
FEBRUARY	1	21
	8	19
	15	35
	22	24
MARCH	1	33
	8	35
	15	32
	22	36
	29	40
APRIL	5	40
	12	40
	19	47
	26	43
MAY	3	47
	10	47
	17	44
	24	42
	31	43
	7	42
	14	45
	21	39
	28	46
JULY	5	43
	12	47
	19	45
	26	42
AUGUST	2	45
	9	44
	16	44
	23	46
	30	47
SEPTEMBER	6	41
	13	44
	20	46
	27	36
OCTOBER	4	46
	11	44
	18	44
	25	39
NOVEMBER	1	42

	8	46
	15	47
	22	46
	29	43
DECEMBER	6	40
	13	CLOSED
	20	CLOSED
	27	CLOSED
TOTALS		1860

		2022	Rate Per
			Convalescent
		Amount	Week
1.Provisions		140,030	75
2. Salaries and Wages		366,971	197
3.Establishment	Costs	100,273	54
4.Administration	Expenses	58,243	31
		665,517	357
5.Convalescents	Travel	123,460	66
6.Entertainment		17,387	9
7.Depreciation		37,995	20
		844,359	452
BUILDING FUND
8.Refurbishment,	Repairs and Maintenance	53,128	29
		897,487	481

			Statement	Statement	ofFinancial Activities	ofFinancial Activities	ofFinancial Activities
			for the year		ended	31December	2022
					Notes	Unrestricted	Restricted	Total	Total
						&Designated
								2022	2021
Income &Endowments
Donations:
Investment	Income					48,459	118,801	167,260	221,513
Convalescence Scheme			Income				430,857	430,857	103,746
Employees	Contributions					437		437	80
Job Retention Scheme Grant									127,267
Total Income	&Endowments					48,896	549,658	598,554	452,606
Expenditure
Costs ofraising	funds;
Investment	management		costs			9,227	24,335	33,562	31,497
Expenditure on	charitable	activities:
Charitable	activities					69,988	912,367	982,355	549,446
Total Expenditure						79,215	936,702	1,015,917	580,943
Net income/(expenditure)			and net movement	in funds
before gains and losses on			investments			(30,319)	(387,044)	(417,363)	(128,337)
Net gains/(losses) on		investments			3	(193,224)	(480,834)	(674,058)	473,417
Net Movement	in Funds					(223,543)	(867,878)	(1,091,421)	345,080
Fund Balances	brought	forward				1,434,365	7,844,737	9,279,102	8,934,022
Fund Balances	carried forward					1,210,822	6,976,859	8,187,681	9,279,102

					Charity Number: 507439	Charity Number: 507439	Charity Number: 507439
						Balance sheet
					as at 31December		2022
						2022		2021
					Notes
Fixed Assets
Tangible assets							1,293,857	1,331,852
Investments							6,837,052	5,759,641
							8,130,909	7,091,493
Current Assets
Stocks						96		99
Debtors						72,822		2,260,752
Short-term	Investment			Deposits		2,029		1,479
Cash at bank		and in hand				52,065		239,308
						127,012		2,501,638
Creditors:	amounts		falling
due within		one year			10	(70,240)		(314,029)
Net Current		assets					56,772	2,	187,609
Total Assets		Less Current
Liabilities							8,187,681	9,279,102
Funds
Unrestricted		Funds			13		1,154,425	1,377,968
Permanent	Endowment			Funds	13		56,397		56,397
Restricted Funds					13		6,976,859	7,844,737
							8,187,681	9,279,102

						2022	2021
					Notes	f.
Reconciliation of	operating	(loss)/profit		to net
cash inflow from	operating	activities
Net Movement in funds						(1,091,421)	345,080
Depreciation						37,995	37,995
(Increase) in stocks						4
(Increase)/Decrease	in Investments				8	(1,077,412)	1,773,717
(Increase)/Decrease	in debtors				9	2,187,930	(2,234,179)
Increase/(Decrease)	in creditors				10	(243,813)	284,142
Net cash inflow from operating			activities			(186,717)	206,755
Increase/(Decrease)	in cash	in the year				(186,717)	206,755
Cash 4 Cash equivalents at		start ofthe		year		240,786	34,031
Cash A Cash equivalents at		end	ofthe year			54,069	240,786

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Details ofExpenses
					Total	Total
					2022	2021
Grants to Miners' Welfare Halls		and	Community	Projects
Abercrave &District Miners' Welfare Association					1,000
Abergorki Community Hall						2,000
Abertillery Workmens' Welfare Institute					1,000
Bedlinog Miners' Welfare Association					1,000
Caerphilly Workmens' Hall					1,000
Carway &District Miners' Welfare		Association			1,500
Cefn Fforest Miners Institute						5,000
Coelbren Memorial Hall and Recreation			Ground		1,000
Cwmdare OAP Association					600
Cwmgwili Miners' Welfare Association					1,000
Cwmtwrch Miners' Welfare Hall					1,000
Grovesend Miners' Welfare Scheme					2,000
Markham Miners' Welfare Scheme					1,000
Nantyffyllon Institute					4,295
Newbridge Memorial					1,000
Onllwyn and District Community	Welfare Association				1,000
Penrhiwceiber Institute Community		Society			1,000
Penybanc Welfare Association					1,000
Penygroes Memorial Hall					1,000
Pontrhydyfen Miners' Welfare Scheme						2,328
Pontyates Miners' Welfare Association					1,000
Resolven Miners' Welfare Scheme						2,750
Seven Sisters Miners' Welfare Association					1,000
South Wales Miners Museum					1,000
Ton Pentre &District Recreation Association CIO					1,000
Tylorstown Welfare Hall					1,000	2,400
Ynyswen Miners' Welfare Hall					1,000
Ystradgynlais Miners' Welfare					1,000
					28,395	14,478
Governance
Audit Fees					3,500	3,500
Trustees Expenses Claims					1,642	563
AGM Costs					4,172
					9,314	4,063

Staff Costs		2022	2021
			K
Staffcosts during the year comprised ofthe following:
Staffsalaries (Including	Social Security Costs)	346,483	277,329
Pension costs		20,488	7,633
		366,971	284,962

was as follo	ws:
			2022		2021
			number		number
Managerial	and Administration			2		2
Ancillary				14		14
The average	number ofemployees	during the year amounted to:		16		16

Tangible fixed assets
	Land and
	buildings
	freehold
Cost
At 1 January 2022
At 31 December 2022	1,899,764
Depreciation
At 1 January 2022	567,912
Charge for the year	37,995
At 31December 2022	605,907
Net book values
At 31 December 2022	1,293,857
At 31December 2021	1,331,852

9.	Debtors		2022	2021
	Funds held by solcitor for Atlantic Hotel, Tenby purchase			2,200,000
	Other Debtors			426
	Court Royal Limited		40,049	28,551
	Loan to Abertillery	Miners' Institute	27,200	27,200
	Prepayments		5,572	4,575
			72,822	2,260,752
10.	Creditors: amounts	falling due	2022	2021
	within one year
	Trade Creditors			3,421
	Grants &Donations			25,750
	Audit Fee		3,500	3,500
	Accrued Income
	Other Creditors &Accruals		68,466	265,442
			70,240	314,029

Analysis ofNet Assets between Funds			Total
	Unrestricted	Restricted	Funds
Fixed Assets	3,805,815	4,325,094	8,130,909
Net Current Assets/(Liabilities)	(2,594,994)	2,651,765	56,775
Net assets at 31 December 2022	1,210,821	6,976,859	8,187,680

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