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2020-12-31-accounts

MOSBOROUGH MINERS’ WELFARE TRUST

Registered Charity No. 520483

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

MOSBOROUGH MINERS' WELFARE TRUST

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

INDEX

CONTENTS PAGE
Legal and Administrative Details 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5-7
Section Accounts 8-12
Trustees’Report 13-14

MOSBOROUGH MINERS' WELFARE TRUST

LEGAL AND ADMINISTRATIVE DETAILS AS AT 31 DECEMBER 2020

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REGISTERED CHARITY NUMBER

TRUSTEES

SECRETARY

TREASURER

SCHEME ADDRESS

INDEPENDENT EXAMINER

520483

H Craney D Sanderson A Hattersley K Kenny T Doncaster J Metcalfe P Greaves

D Sanderson

T Doncaster

Station Road Mosborough Sheffield $20 5AD

J Wallage FCA CISWO Trading Ltd The Old Rectory Rectory Drive Whiston Rotherham S60 4JG

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOSBOROUGH MINERS' WELFARE TRUST

| report to the Trustees on my examination of the accounts of the above named charity (registered no. 520483) for the year ended 31 December 2020, set out on pages 3 to 7.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).

| report in respect of my examination of The Trustees’ accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiners Statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: (1) accounting records were not kept in respect of the Charity as required by section 130 of the act: or (2) the accounts do not accord with those records; or

(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any

requirement that the accounts give ‘a true and fair view' which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Prrlagc J Wallage FCA On behalf of CISWO (Trading) Ltd The Old Rectory Rectory Drive Whiston Rotherham S60 4JG

7ef.[Ro2s]

Date

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MOSBOROUGH MINERS' WELFARE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Unrestricted Designated Total Total
Funds Funds 2020 2019
Notes £ s £ £
Income and Endowments
Tote 356 - 356 1,525
Snooker and pool 724 - 724 2,395
200 Club 400 - 400 1,300
Rental income 3,181 - 3,181 3,181
Room hire 2,771 - 2,771 10,168
Mast rental 4,750 - 4,750 4,750
Occupational licence 5,000 - 5,000 18,000
Gift aid 5,405 - 5,405 41,537
ss Income from electricity buy-back 1,105 - 1,105 1,606
Interest received 1,586 - 1,586 1,454
Sundry income - - - 120
Sections income 7 - 7,353 7,353 91,148
Total Income 25,278 7,353 32,631 177,184
Expenditure
Direct charitable expenditure
Grants to social activities 340 - 340 6,327
Sports ground maintenance 9,987 - 9,987 10,187
Rates and water rates 2,134 - 2,134 3,802
Insurance 2,198 - 2,198 1,099
Repairs 39,546 - 39,546 61,241
Sections expenses 7 - 88,556 88,556 66,354
54,205 88,556 142,761 149,010
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Management and Administration
Accountancy 600 - 600 585
Legal and professional fees - - - 1,687
Loss on disposal of assets - - - 261
Depreciation 2 17,285 - 17,285 18,065
Total Expenditure 72,090 88,556 160,646 169,608
NET MOVEMENT IN FUNDS (46,812) (81,203) (128,015) 7,576
Unrealised Investment (losses) / gains forthe the year (2,550) - (2,550) 4,289
Fund balances brought forward 801,343 99,699 901,042 889,177
Fundbalancescarriedforward 751,981 18,496 770,477 901,042

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MOSBOROUGH MINERS' WELFARE TRUST

BALANCE SHEETAS AT 31 BALANCE SHEETAS AT 31 DECEMBER 2020
NOTE 2020 2019
£ £ £ £
FIXED ASSETS
Tangible fixed assets 2 396,688 413,973
Investments 2 109,483 112,033
CURRENT ASSETS
Debtors and prepayments 4 97,214 101,664
Cash at bank and in hand 5 152,111 174,681
Balances held by sections 7 18,496 99 699 sa
267,821 376,044
LESS: CURRENT LIABILITIES
Creditors falling due within one year 6 (3,515) (1,008)
NET CURRENT ASSETS 264,306 375,036
TOTAL NETASSETS 770,477 901,042
FUNDS
Unrestricted funds 751,981 801,343
Designated funds - Sections 7 18,496 99,699 ~
770,477 901,042

The accounts were approved by the trustees and signed on their behalf by:

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Print Name - Trustee

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Date IEP ou
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MOSBOROUGH MINERS' WELFARE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

(a) Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102) and the Charities Act 2011.

The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. The trustees have a reasonable expectation that the Trust has adequate reserves to continue in operational existence for the foreseeable future. Accordingly the trustees continue to adopt the going concern basis in the preparation of its accounts.

(b) Income Recognition

Income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when they are received.

(c) Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

Grants are recognised when they are approved and the intention has been communicated to the recipient.

ce (d) Depreciation

Depreciation is provided on fixed assets and freehold property in order to write off the cost of the assets over their expected economic lives. The annual rates of depreciation applied are:

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MOSBOROUGH MINERS' WELFARE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

New Club New Club Sports
2. FIXED ASSETS & Sports Fixtures & Equip-
Ground Fittings ment Total
Cost £ £ iE £
At 1 January 2020 636,832 77,434 11,613 725,879
Additions - - - -
Disposal - - - -
At 31 December 2020 636,832 77,434 11,613 725,879
Depreciation
At 1 January 2020 237,226 69,253 5,427 311,906
Charge for the year 14,621 2,045 619 17,285 .
Disposal - - - -
At 31 December 2020 251,847 71,298 6,046 329,191
Net Book Value
At 31 December 2020 384,985 6,136 5,567 396,688
At 31 December 2019 399,606 8,181 6,186 413,973
2020 2019
£ £
3. INVESTMENTS
Cofunds OEIC (In Trust) 109,483 112,033
4. DEBTORS =
Balance due from Mosborough Miners' Welfare Social Club Ltd 97,214 93,307
Other debtors - 8,357
97,214 101,664
5. CASH AT BANK AND IN HAND
Current account 71,241 96,607
Deposit account 1 1
2 year bond 80,869 78,073
152,111 174,681

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MOSBOROUGH MINERS' WELFARE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

2020 2019
a £
6. CREDITORS: Amounts falling due within one year
Accruals 3,280 585
Other creditors 235 423
3,515 1,008
Brought Carried
Forward Receipts Payments forward
7. SECTIONS £ £ £ £
Rugby Union Section 78,921 - (78,921) -
Turf Club 6,342 374 - 6,716
Football Club 3,003 - - 3,003
Bowls Club 10,452 1,437 (3,875) 8,014
Angling Club 981 5,542 (5,760) 763
99,699 7,353 (88,556) 18,496

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MOSBOROUGH MINERS' WELFARE TRUST YEAR ENDED 31 DECEMBER 2020

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RUGBY UNION SECTION

2019 / 2020 SEASON

2020 2019
£ £ E £
INCOME
Annual subs 12,302
Sponsorships 4,008
Donations 1,492
RFU 280
Raffles 2,415
Food receipts 1,590
Functions 3,572
Merchandise 2,442
Membership 310
100 club 4,695
Rugby development 4,240
Match fees 86 —
Juniors 7,963
International tickets 13,963
Fund raising ‘ 1,001
Miscellaneous 74
- 60,433
EXPENDITURE
Pitches 1,013
Training 4,625
100 club 1,250
RFU costs 250
Coaching 1,870
Referees 386
Functions 680
Kitwash 35
Food 131
Equipment 3,903 os
Merchandise 7,410
Miscellaneous 1,372
International tickets 12,889
Premises expenses 1,432
Difference on opening balance (stock adjustment?) 685
Section now departed 78,921
(78,921) (37,931)
(DEFICIT)
/SURPLUS FORTHE YEAR		 (78,921) 22,502
Cash at bank and in hand brought forward 78,921 56,419
Stock,cashatbankandinhandcarriedforward - 78,921

This section has now departed

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MOSBOROUGH MINERS' WELFARE TRUST

YEAR ENDED 31 DECEMBER 2020

TURF CLUB

2020 2019
e £ £ £
INCOME
Raffles 94 349
Spot the ball 280 1,410
Race day - 3,081
374 4,840
™ EXPENDITURE
Tickets - 2,960
Meals - 1,240
- (4,200)
SURPLUS FORTHE YEAR 374 640
Cash at bank and in hand brought forward 6,342 6,063
Adjustment of balance b/f - (361)
Cashatbankandinhandcarriedforward 6,716 6,342

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MOSBOROUGH MINERS' WELFARE TRUST

YEAR ENDED 31 DECEMBER 2020

MOSBOROUGH FOOTBALL CLUB

2020 2019
INCOME £ £ £ £
Sponsorships 2,200
Match day subs 6,180
Players contribution to fines 140
Training subs 2,990
Spot the ball tickets 360
Raffles 310
Tracksuits / polo shirts / bags 360
Signing on fees 2,100
Mosborough charity tournament 998
Children's Hospital fun day =
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British Heart Foundation match -
Last man standing =
- 15,638
EXPENDITURE
League fees 625
Insurance 520
Referees 3,010
Laundry 2,406
Medical equipment 165
Training 2,790
Fines 152
Tracksuits / polo shirts / bags 120
Balls / trophies / new equipment 2,210
Charity cup expenditure 585
Children's Hospital -
British Heart Foundation -
Pitch fees 1,568
New kits 889
Food -
Ground improvements =
Club membership 310
Last man standing -
Other expenses =
- (15,350)
SURPLUS FOR THE YEAR - 288
Cash at bank and in hand brought forward 3,003 2,715
Cashatbankandinhandcarriedforward 3,003 3,003

No information has been received from this section

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MOSBOROUGH MINERS' WELFARE TRUST

YEAR ENDED 31 DECEMBER 2020

MOSBOROUGH COMMUNITY BOWLS CLUB

2020 2019
£ £ E £
INCOME
Donations 20 46
Sponsorship boards 200 250
_ Fees/Prize money 57 320
Raffle/Sponsored items 18 319
Subscriptions 895 1,332
™ Tea/Coffee - 620
Bonus ball 247 988
1,437 3,875
EXPENDITURE
Sponsorship boards/Flowers 22 87
Equipment/Improvements 3,308 704
Affiliation fees/Fines 518 1,096
Turn/Raffle prizes - 405
Postage and stationery 27 93
Trophies/Floodlights - 62
Refreshments - 129
(3,875) (2,576)
(DEFICIT)/SURPLUS FORTHEYEAR (2,438) 1,299
Cash at bank and in hand brought forward 10,452 9,153
Cashatbankandinhandcarriedforward 8,014 10,452

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MOSBOROUGH MINERS' WELFARE TRUST

YEAR ENDED 31 DECEMBER 2020

ANGLING CLUB

2020 2019
2 a £ £
INCOME
Members subscriptions and raffle 5,542 6,362
5,542 6,362
EXPENDITURE
Polo shirts and hoodies/meat/wine/sweets
and trophies (5,760) (5,936)
(5,760) (5,936)
(DEFICIT) /SURPLUS FORTHEYEAR (218) 426
Cash at bank and in hand brought forward 981 555
Cashatbankandinhandcarriedforward 763 981

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MOSBOROUGH MINERS’ WELFARE TRUST

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees present their report along with the financial statements of the charity for the year ended 31 December 2020. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts which can be found on page 5 and comply with the charity's trust deed, applicable law and the Charities SORP FRS 102.

Constitution, Objectives and Activities for the Public Benefit

The charity is constituted by Scheme dated 17 October 2006 and was registered with the Charity Commission on 19 May 1965 under the number 520483.

Its objectives are to provide and maintain a welfare institute with facilities for recreation and leisure time activities for the benefit of the people of Mosborough and the surrounding area, particularly those who are members of the mining community.

The trustees have referred to the guidance given by the Charity Commission on public benefit when reviewing the charity's aims and objectives and details of the activities that have taken place during the year can be found later in this report.

Organisational Structure

The trustees who have served the charity during the year are shown on page 1.

The charity's trustees are responsible for maintaining the premises and grounds in a suitable state of repair for use by those who live in the surrounding area. It raises some funds through various charitable activities but a substantial amount of its income comes from its connected trading company, Mosborough Miners’ Welfare Social Club Limited, which pays an annual occupational licence fee to the charity in order to run its business from the charity's premises. In addition to this, the company also transfers any taxable profits it makes to the charity under a Gift Aid agreement, so the trustees work closely with the company directors and committee to try and ensure that the company is profitable, thus ensuring extra income for the charity.

Trustee vacancies are advertised and interested parties are asked to apply in writing. Interviews will be held and suitable candidates are then notified to their nominating body being either CISWO, trade union or members. The trustee board is made up of equal numbers of each nominating body.

Financial Review

The charity had net outgoing resources of £46,812 for the year from the day-to-day running of the trust as opposed to £17,218 net outgoing in the previous year. This is largely due to a significant reduction in the donation under gift aid from the connected company. The various sections at the charity showed a combined deficit of £81,203 for the year mainly because the rugby section have departed. The overall deficit was £128,015.

Review of Activities

Mosborough Miners Welfare Social Club is a modern building situated on Station Road in the heart of the now expanding Mosborough Village.

It is easily accessible to most residents of the village and within easy reach of the major bus routes.

Enclosed within the grounds of the Welfare is a large car park, football and a rugby pitches and also a Crown Green Bowling Green.

Activities for the year have been severely restricted and the trustees hope to make the facilities available again as soon as it is safe to do so.

Continued

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MOSBOROUGH MINERS’ WELFARE TRUST

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 (CONTINUED)

Investment Policy

The Welfare has been in existence since 1923 and back then when it was born there were only a few wooden huts, a bowling green and a football pitch. The first major brick building was not established until 1953. The second brick built premises are still on site but were sold in 1999 after the completion of the present Welfare building. As described last year the Directors and Trustees have set up an investment with a view to celebrating the Clubs centenary in 2023.

Reserves Policy

It is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity, at a level to provide sufficient funds to cover anticipated administration and support costs for a period of twelve months. Any additional reserves are held to provide a capital fund for repairs that will be required for the upkeep of the premises. Of paramount importance the trustees are determined that they will manage the charity in a professional manner which will safeguard the assets of the charity in order to secure recreational facilities for future generations.

Risk Management

The trustees are aware of the operational and financial risks which the charity faces and regularly reviews those risks to mitigate against any impact they may have on the charity. The major risks facing the charity are the continued success of the social club from which it derives its main funding, the support of individuals and the community in using the facilities and the introduction of the younger generation to provide for the future. The trustees work closely with directors, committee and members to address these risks.

Statement of Trustees’ Responsibilities

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure them that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

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Signed — Trus Print Name — Trustee
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Date ALi
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