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|||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||||
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|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|
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||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|
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||||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||
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|||||||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|
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|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|
##
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|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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