NORTH WINGFIELD MINERS. WELFARE CLUB AND INSTITUTE SCHEME REPORT A14D FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2021
NORTh WINGFIELD MINERS, WELFARE CLUB AND INSTITUTE SCHEME REPORT AND ACCOUNTS CONTENTS PAGE COMPANY INFORMATION TRUSTEES REPORT INDEPENDENT EXAMINERS REPORT RECEIPTS AND PAYMENT ACCOUNT STATEMENT OF ASSETS AND LIABILITIES NOTES TO THE ACCOUNTS SEPARATE SEcfioNS
NORTH WINGFIELD MINERS, WELFARE CLUB AND INSTrrurE SCHEME COMPANY INFORWTION TRUSTEES P.Martin SECRETARY T.R.Ward REGISTERED OFFICE Williamthorpe Road North Wingfield Chesterfield S42 5PD REGISTERED NUMBER 520488 8ANKERS Lloyds Bank PLC INDEPENDENT EXAMINER JONES BURNS DAVIES 6A STATION ROAD ECKINGTON S214FX Page I
NORTH WINGFIELD MINERS. WELFARE CLUB AND INSTITUTE SCHEME INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF NORTH WINGFIELD MINERS, WELFARE CLUB AND INSTITUE SCHEME The Trustees present their report and atcounts for the year ended 31 Dernber 2021 DEVELOPMENTS AND ACTIVITIES The Charity was established on l June 1982 and is regulated by its Trust Deed. The objective of the Charity were the provision and maintenance of a recreation ground and Welfare Institute for the benefit of the Inhabitants of North Wingfield. The recreation 8round has subsequently been di5POsed of but the Charity continues to operate a Welfare Institute, Which is let to North Wlngfield Miners Social Club Umited. Trustee members receive no MUneratIon. STATEMENT OF TRUSTEES, RESPONSIBILITIES in relation to the financial statements. The declaratlon of trust for the regulatlon of the Charity requires the Trustees to prepare financlal for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that perlod. In preparin8 those financial statements, the Trustees are requlred to l. Select suitable accountin8 policies and then apply them consistently. ii.make judgements and estimates that are reasonable and prudent . Ill. Prepare the financial statements on the 8oin8 concern basis unless it Is Inapproprlate to presume that the Charity will continue. The Trustees are responslble for keepin8 proper accounting records which disclose with reasonable accurary at any time. the financial position of the Charity and to enable them to ensure that the flnancial statements comply with the provlslons of the Charities Acts. They a also responsible for safeguarding the assets of the Chaflty and hence for taklng reasonable steps for the prevention and detectlon of fraud and other irre8ularlties. ACCOUNTANTS Jones Burns & Davies have slgnified their willingness to continue in office and will be re-elected automatically unless and contrary motion is passed. Approved by the Trustees on and signed on their half by:" DATE:. Trustee SIGNED... Trustee Page 2
NORTH WINGFIELD MINERS, WELFARE CWB AND INSTrrLrrE SCHEME INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF North Wingfield Mlners Welfare I report on the Financial Statements of the Charity for the year ended 31 December 2021 which are Set out on pa8e 3 to 7. Respectlve Responslbilltles of Trustees and Examiner As the Charity's Trustee you are responsible for the preparation of the accounts: you consider that the audit requlrement of Section 43121 of the Charities Act 1993 (the Act) does not apply. It Is my responsibility to state, on the basis of procedures specified on General Directions given by the Charity Commissioners under Sertlon 4317llb) of the Act, whether particular matters have come to my attention. Basls of Independent Exarnlner's Report My examination was carried out in accordance with General Directions given by the Charity Commlssioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures In the accounts, and seeking explanations from you as Trustees concernlng any such matters. The procedures undertaken do not provide all evidence that would be required in an audit, and consequently I do not express an audit opinion on the vlew given by the accounts. Independ•nt Examlner'$ Statement In connection with my examination. no matter has come to my attention: i) which gives me reasonable cause to believe that In any materlal respect the requlrements to keep accounting records in accordance with Section 41 of the Act,. and to prepare accounts which accord with the accountyn8 records and to comply with the accountlng requlrements of the Act have not been met: or 21 to which in my opinion. attention should be drawn In order to enable a proper understanding of the accounts to be reached. JONES BURNS DAVIES 6A STATION ROAD ECKINGTON $214FX DATE:. 14 April 2022 SIGNED ...-...
NORTH WINGFIELD MINERS. WELFARE CLUB AND INSTITLrrE SCHEME RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2021 2021 UNRESfRICTED REsfRicfED TOTAL FUNDS FUNDS FUNO 2020 TOTAL FUNDS RECEIPTS Gifts, Donations and other Voluntary Receipts- Staveley Council - Grant RECEIPTS FROM TRADING AcfiviTIES CHARITABLE TRADING Raffle Recelpts / Card 8ln80 Snack Shack Pool/ Snooker Recelpts 303 41X) 507 1,210 303 400 507 1,210 569 293 862 NON-CHARITABLE TRADING Northwingfield Miners Welfare Social Club Ltd 24,860 24,860 24,860 24.860 RECEIPTS EARNED FROM ASSETS Bank Inte$t Rent Car Wash Rents 16 3,535 3,620 7.171 16 3.535 3,620 7,171 3,2iXJ 3,2CHJ SUB-TOTAL 33.241 33,241 4,062 OTHER RECEIPTS TOTAL RECEIPTS 33.241 33,241 4,062 Page 3-1
NORTH WINGFIELD MINERS, WELFARE CLUB AND INlT£ SCHEME RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2021 UNRESTRICTED RESTRICTED TOTAL FUNDS FUNDS FUNDS 2021 2020 TOTAL FUNDS PAYMENTS PAYMENT DIREcfLY FOR CHARITA8LE PURPOSES Grants to Soclal Actlvitles 775 775 775 775 PAYMENTS FOR PUBLICITY FUNRAISING AND MANAGEMENT AND ADMINISTRATION Schedule 3 (Page 5-21 9.908 9,908 8,705 SU8-TOTAL 10.683 10.683 8,705 OTHER PAYMENTS Covenant to limited company 2,894 TOTAL PAYMENTS 10,683 10,683 11,599 RE EIPTS PAYMENTS RECONCILIATION RECEIPTS b/f 33.241 33,241 4,062 PAYMENTS blf 10,683 10,683 11,599 NET OF RECEIPTSIIPAYMENTS} 22.558 22.558 7,5371 CASH FUNDS LASTYEAR END 451,878 451.878 459,415 CASH FUNDSTHIS YEAR END 474,436 474.436 451,878 Page 3-2
NORTH WINGFIELD MINERS. WELFARE CLUB AND IN5fiTufE SCHEME STATEMENTS OF ASSEfs AND UABILITIES FOR THE YEAR ENDED ai DECEMBER 2021 2021 2021 2021 UNRESTRICTED RESTrICTED TOTAL FUNDS FUNDS FUNDS 2020 TOTAL FUNDS AssErs CASH FUNDS Cash at Bank Cash in Hand Investment Account NOTES 158.910 1.342 io,o(J) 170,252 158.910 1,342 io,c4J) 170,252 156,403 1,342 10,000 167,745 OTHER M NETARY ASSETS Debtor5 and Prepayments Covenant from Limited North Win8field Limlted Account 1,103 24,860 15,823 41.786 1,103 24,860 15,823 41,786 832 23,149 23,981 ASSETS RETAINED FOR THE CHARITY'S OWN USE- FIXED ASSE See Schedule121 702,562 702,562 703,290 LESS= CURRENT LIABILITIE Creditors- Amounts fallin8 due within one year North Win8field Limited Account Covenant to limited company 4801 5601 2,8941 3,4541 4801 NET ASSETS 914,120 914,120 891,562 EPRESENTED BY:. COME FUNDS Unrestricted Funds Re-valuation Adlustment on Properties- 2LN)2 474,436 439,684 914,120 474,436 439.684 914,120 451,878 439,684 891,562 APPROVED ON BEHALF OF THE T STEES P Martin Page 4
NORTH WINGFIELD MINER5, WELFARE CLUB AND INSTITUTE SCHEME SCHEDUiE AND NOTES TO THE ACCOiINTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES The accounts are prepared under the historical cost convention The Income and Expenditure are stated in the accounts exclusNe of Value Added Tax. It is the Club's policy to maintain its freehold property in a continuing state of good repair and the committee conslders that in vlew of the expected resldual value. It Is not necessary to provlde for depreclatlon of the property- Depreciation Is provlded on flxed assets other than freehold property In order to wrlte off the cost of those assets over their expected economic lives. The Tate of depreciation used Is :_ Flxtures and Equipment- 25% per annum on reducing balance Stock5 are stated at the lower of cost or net realisable value. bl dl IXED ASS PROPERTY STEWARD FIXTURES & WELFARE HOUSE & AND IMPROVEMENTS GARAGE FirnNG5 TOTAL COST As at 31 December 2020 Additions Disposal 630,335 70,039 i¢JJ.048 800,422 As at 31 December 2021 630,335 70,039 I,048 8C(1,422 DEPRECIATION As at 31 December 2020 Charge for the Year 97,132 728 97,132 728 As at 31 December 2021 97,860 97,860 NET BOOK VALUE As at 31 December 2021 630.335 70,039 2.188 702,562 As at 31 December 2020 630.335 70,039 2.916 703,290 Page >1
NORTH WINGFIELD MINERS. WELFARE CLUB AND INSTITUTE SCHEME NOTES TO THE ACCOUNTS FOR ThE YEAR ENDED 31 DECEMBER 2021 ADMINISTRATION AND CHARITABLE EXPEN ES 2021 02 Rates Water Rates Insurance Repairs and Renewals Depreciation Accountancy Licences Kitchen 1,2% 1,614 1,762 595 728 1,177 323 1,575 1,449 972 173 3.260 291 2,438 8,705 RESTRICTED FUNDS The Restricted Funds are separate sertlons of soual and sport actNltles of the local communlty. In respect alone of the limitations on our work relating to the balances held by Separate Sertlons, we have not obtained all the information and explanations that we consider necessary for the purpose of our examinatK)n. DEBTORS & PREPAYMEN 2021 2020 Rates Prepaid Insuronee Prepaid 276 827 1,103 227 605 832 REDITORS 2021 2020 Accountancy 560 560 Page 5-2
NORTH WINGFIELD MINERS. WELFARE CLU8 AND INsrmiTE SCHEME Soclal Arti¥itle$ 5ertlon In¢ome and Expenditure Accounl 2021 2020 Donation- North Winrfield Miners Welfare 775 ndllure Senior Cltlzens ChrSstmas PartylBottle5 775 775 Excess Income over Expenditu For the year ended 31 December 2021