RENISHAW MINERS WELFARE AND INSTITUTE SCHEME
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME REPORT AND ACCOUNTS
| CONTENTS COMPANY INFORMATION INDEPENDENT EXAMINERS REPORT RECEIPTS AND PAYMENT ACCOUNT STATEMENT OF ASSETS AND LIABILITIES NOTES TO THE ACCOUNTS SEPERATE SECTIONS |
PAGE |
|---|---|
| 1 2 3 4 5 6 |
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME COMPANY INFORMATION
| TRUSTEES | S.DEANE |
|---|---|
| R I TURNER | |
| SECRETARY | C WILD |
| REGISTERED OFFICE | MAIN ROAD |
| RENISHAW | |
| SHEFFIELD | |
| S21 3UW | |
| REGISTERED NUMBER | 520499 |
| BANKERS | LLOYDS BANK PLC |
| ECKINGTON | |
| INDEPENDENT EXAMINER | JONES BURNS DAVIES |
| ACCOUNTANTS | |
| 6A STATION ROAD | |
| ECKINGTON | |
| SHEFFIELD | |
| S21 4FX |
Page 1
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME
I report on the Financial Statements of the Charity for the year ended 31 December 2023 which are set out on page 3 to 6.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the Charity's Trustees you are responsible for the preperation of the accounts : you consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibilty to state, on the basis of procedures specified on the General Directions given by the Charity Commissioners under Section 43(7) (b) of the Act, whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS REPORT
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the account presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from you as Trustees concering 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 opinion on the the view given by the audit on the accounts.
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention :
1) which gives me reasonable cause to believe that in any material respect the requirements.
-
to keep accounting records in accordance with Section 41 of the Act ; and
-
to prepare accounts to which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met : or
2) 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 ACCOUNTANTS 6A STATION ROAD ECKINGTON SHEFFIELD S21 4FX
DATE :-
Signed ....................................................
Page 2
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023
| RECEIPTS GIFTS, DONATIONS AND OTHER VOLUNTARY RECEIPTS RECEIPTS FROM TRADING ACTIVITIES CHARITABLE TRADING Room Hire & Sundry Income Pool/Snooker Receipts Tote: OTB : Raffles : Bingo NON - CHARITABLE TRADING Renishaw Miners Welfare Social Club Ltd RECEIPTS EARNED FROM ASSETS Investment Income Bank Interest SUB - TOTAL OTHER RECEIPTS Seperate Sections TOTAL RECEIPTS |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS £ £ 830 - - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS £ £ 830 - - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS £ £ 830 - - |
2023 TOTAL FUNDS £ 830 - |
2022 TOTAL FUNDS £ 915 - |
|---|---|---|---|---|---|
| 830 | - | 830 | 915 | ||
| 4,120 1,718 (533) |
- - - |
4,120 1,718 (533) |
4,890 1,902 (876) |
||
| 5,305 | - | 5,305 | 5,916 | ||
| 52,298 | - | 52,298 | 64,833 | ||
| 52,298 | - | 52,298 | 64,833 | ||
| - - |
- - |
- - |
- - |
||
| - | - | - | - | ||
| 58,433 | - | 58,433 | 71,664 | ||
| - | - | - | - | ||
| - | - | - | - | ||
| 58,433 | - | 58,433 | 71,664 |
Page 3
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023
| 2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS PAYMENTS £ £ PAYMENTS DIRECTLY FOR CHARITABLE PURPOSES Donations to Sections 2,210 - Donations to Others - - Grants to Social Activities 5,200 - Grants to Games Section 602 - 8,012 - PAYMENTS FOR PUBLICITY FUND - RAISING AND MANAGEMENT AND ADMINISTRATION Schedule 3 ( Page 5-2) 24,713 - 24,713 - SUB - TOTAL 32,725 - OTHER PAYMENTS Seperate Sections - - - - TOTAL PAYMENTS 32,725 - RECEIPTS/ (PAYMENTS) RECONCILIATION RECEIPTS B/F 58,433 - PAYMENTS B/F 32,725 - NET OF RECEIPTS (PAYMENTS) 25,708 - FUNDS LAST YEAR END 535,736 - FUNDS THIS YEAR END 561,444 - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS PAYMENTS £ £ PAYMENTS DIRECTLY FOR CHARITABLE PURPOSES Donations to Sections 2,210 - Donations to Others - - Grants to Social Activities 5,200 - Grants to Games Section 602 - 8,012 - PAYMENTS FOR PUBLICITY FUND - RAISING AND MANAGEMENT AND ADMINISTRATION Schedule 3 ( Page 5-2) 24,713 - 24,713 - SUB - TOTAL 32,725 - OTHER PAYMENTS Seperate Sections - - - - TOTAL PAYMENTS 32,725 - RECEIPTS/ (PAYMENTS) RECONCILIATION RECEIPTS B/F 58,433 - PAYMENTS B/F 32,725 - NET OF RECEIPTS (PAYMENTS) 25,708 - FUNDS LAST YEAR END 535,736 - FUNDS THIS YEAR END 561,444 - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS PAYMENTS £ £ PAYMENTS DIRECTLY FOR CHARITABLE PURPOSES Donations to Sections 2,210 - Donations to Others - - Grants to Social Activities 5,200 - Grants to Games Section 602 - 8,012 - PAYMENTS FOR PUBLICITY FUND - RAISING AND MANAGEMENT AND ADMINISTRATION Schedule 3 ( Page 5-2) 24,713 - 24,713 - SUB - TOTAL 32,725 - OTHER PAYMENTS Seperate Sections - - - - TOTAL PAYMENTS 32,725 - RECEIPTS/ (PAYMENTS) RECONCILIATION RECEIPTS B/F 58,433 - PAYMENTS B/F 32,725 - NET OF RECEIPTS (PAYMENTS) 25,708 - FUNDS LAST YEAR END 535,736 - FUNDS THIS YEAR END 561,444 - |
2023 TOTAL FUNDS £ 2,210 - 5,200 602 |
2022 TOTAL FUNDS £ 1,770 - 6,521 850 |
|---|---|---|---|---|
| 8,012 | - |
8,012 |
9,141 | |
| - | 24,713 | 20,388 | ||
| 24,713 | - | 24,713 | 20,388 | |
| 32,725 |
- |
32,725 | 29,529 | |
| - | - | - | - | |
| - | - | - | - | |
| 32,725 |
- |
32,725 |
29,529 |
|
| - - |
58,433 32,725 |
71,664 29,529 |
||
| 25,708 | - | 25,708 | 42,135 | |
| 535,736 | - | 535,736 | 493,601 | |
| 561,444 | - | 561,444 | 535,736 |
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| 2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS ASSETS £ £ CASH FUNDS Cash at Bank 40,093 - Cash in Hand 2,264 - 42,357 - OTHER MONETARY ASSETS Debtors and Prepayments - Covenant from Limited 52,298 - Investments - - 52,298 - ASSETS RETAINED FOR CHARITY'S OWN USE- FIXED ASSETS See Schedule (2) 495,583 - 495,583 - LESS : CURRENT LIABILITIES Creditors - Amounts falling due within one year (Schedule 5) 975 - Renishaw Limited Account 27,819 - 28,794 - NET ASSETS 561,444 - REPRESENTED BY :- INCOME FUNDS Unrestricted Funds 561,444 - Restricted Funds - - 561,444 - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS £ £ 40,093 - 2,264 - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS £ £ 40,093 - 2,264 - |
2023 2023 UNRESTRICTED RESTRICTED FUNDS FUNDS £ £ 40,093 - 2,264 - |
2023 TOTAL FUNDS £ 40,093 2,264 |
2022 TOTAL FUNDS £ 75,566 2,264 |
|---|---|---|---|---|---|
| 42,357 | - | 42,357 | 77,830 | ||
| 52,298 - |
- - - |
- 52,298 - |
- 64,833 - |
||
| 52,298 | - |
52,298 |
64,833 |
||
| - | 495,583 | 443,152 | |||
| OWN USE- FIXED ASSETS See Schedule (2) LESS : CURRENT LIABILITIES |
|||||
| 495,583 | - | 495,583 | 443,152 | ||
975 27,819 |
- - |
975 27,819 |
905 49,174 |
||
| Creditors - Amounts falling due within one year (Schedule 5) Renishaw Limited Account NET ASSETS REPRESENTED BY :- INCOME FUNDS Unrestricted Funds Restricted Funds |
|||||
| 28,794 | - | 28,794 |
50,079 |
||
| 561,444 |
- |
561,444 | 535,736 | ||
| 561,444 - |
- - |
561,444 - |
535,736 - |
||
| 561,444 | - | 561,444 |
535,736 |
APPROVED ON BEHALF OF THE TRUSTEES
TRUSTEES
Page 4
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME SCHEDULES AND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
The accounts are prepared under the historical cost convention
The Income and Expenditure are stated in the accounts exclusive of Value Added Tax
It is the Club's policy to maintain its free hold property in a continuing of good repair and the committee considers that in view of the expected residual value, it is not necessary to provide for depreciation of the property.
Depreciation is provided on fixed assets other than freehold property in order to write off the cost of those assets over their expected economic lives. The rate of depreciation used is :-
Fixtures and Equipment - 25% per annum on reducing balance
FIXED ASSETS
| FIXED ASSETS | |
|---|---|
| COST As at 31 December 2022 Additons Disposal Re - Valuation As at 31 December 2023 DEPRECIATION As at 31 December 2022 Charge for the year As at 31 December 2023 NET BOOK VALUE As at 31 December 2023 As at 31 December 2022 |
FREEHOLD FIXTURES & PROPERTY EQUIPMENT TOTAL £ £ £ 75,665 100,894 176,559 - 54,204 54,204 - - - 351,335 - 351,335 |
| 427,000 155,098 582,098 |
|
| - 84,742 84,742 - 1,773 1,773 |
|
| - 86,515 86,515 |
|
| 427,000 68,583 495,583 |
|
| 427,000 16,152 443,152 |
Page 5
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME NOTES THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
3 ADMINISTRATION AND CHARTIABLE EXPENSES
| Rates Insurance and Licences Sundries Depreciation Accountancy Professional Fees Repairs & Renewals Bank Charges |
2023 £ 537 4,371 629 1,773 975 5,310 10,996 122 24,713 |
2022 |
|---|---|---|
| £ 607 4,167 1,398 1,963 905 - 11,183 165 |
||
| 20,388 |
- 4 In respect of the balances held by separate sections, it has been deemed not necessary to request this information.
5 CREDITORS
| CREDITORS | ||
|---|---|---|
| Accountancy | 2023 975 975 |
2022 905 |
| 905 |
Page 5-2
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME SOCIAL ACTIVITIES SECTION FOR THE YEAR ENDED 31 DECEMBER 2023
| INCOME Donation EXPENDITURE Senior Citizens Activities/Childrens Outings ) Christmas Parties and Outgoings/Refreshments ) Various Celebrations and Entertainments ) EXCESS OF INCOME OVER EXPENDITURE FOR THE YEAR. £ |
2023 2022 £ £ 5,200 6,521 5,200 6,521 NIL £ NIL |
|---|---|
Page 6
RENISHAW MINERS WELFARE CLUB AND INSTITUTE SCHEME GAMES SECTION FOR THE YEAR ENDED 31 DECEMBER 2023
| INCOME Donation - Renishaw Miners Welfare EXPENDITURE Refreshments - (Pool and Football) EXCESS INCOME OVER EXPENDITURE FOR THE YEAR. £ |
2023 £ 602 602 NIL £ |
2022 |
|---|---|---|
| £ 850 |
||
| 850 | ||
| NIL |
Page 6