SHIREBROOK MINERS, WELFARE CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 REGISTERED CHARITY NUMBER 520505
SHIREBROOK MINERS. WELFARE CENTRE INDEX TO THE FINANCIAL STATEMENTS PAGE Legal and Administrative Dètails Report of the Trustees Report of the Independent Examiner's Statement of Financial Activities Balance Sheet Notes to the Financial Stat8ments 7-10 Activity Group Accounts
SHIREBROOK MINERS. WELFARE CENTRE LEGAL AND ADMINSTRATIVE DETAILS The Shlrebrook Miners, Welfare Centre Is reglslered wlth the Charlly Commission (RegistratlDn number 520505) Address of Charity.. Shirebrook Miners Welfare Cgntre Central Drive Shir&brook Mansfield Notts NG20 8BA Se¢relary'. A Gascoyne Chairman of Trustee5', l Frisby Trustees: J Hinchley Kcan S Lenton K Bletcher C Cann D J Bearder Bankers,, Lloyds TS8 Stockwell Gate Mansfield Notts Indgpendent Examin8r'. J M Ellis ACMA Brickhouse 7 Barnsley R08d Ackworth Pontefracl West Yorkshire WF7 7BS
SHIREBROOK MINER'S WELFARE CENTRE REPORT OF TRUSTEES FOR THE YEAR ENDING 31ST DECEMBER 2024 The Trustees present their report along with the financial statements of the Charity for the year ending 31 sl December 2024; the financial statements have been prepared in accordance with the Charity's Trust Deed and the applicable law. Constitution and Ob'ectives The Shirebrook Miners, Welfare Centre was established by a Trust Deed dated 1925, as varied by a Charity Commission Scheme dated 26th August 2003 and Is a Registered Charity number 520505. The object of the Charity is., 1. The provision of a recreation ground and welfare institute for the benefit of the inhabitants (and in particular, but not exclusively, such of the said inhabitants as are members of the mining cornmunity) of the area of benefits without distinction of political, religious or other opinions with the object of improving the Conditiur0*1 lffor-thWsa[d-[thabitnts., 2. The land identified in part 2 of the schedule to this scheme must be retained by the Trustees for the use for the object of the Charity. 3. In so far as the land and building in part 2 of the schedule to this scheme, or other assets of the Charity, are not required for the said objective in (1) above, then providing that the Trustees shall have consulted and obtained the agreement of the Trustees of CISWO in advance, the Trustees may use the Charity's land and other assets for such other purposes as are exclusively charitable at law for the direct benefit of the inhabitants of the area of benefit. In setting our objectives and planning our activities the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit and in particular to its impact on the beneficiaries of the Charity.
The Trustees who have served durin the ear are detailed below: l Frisby (Chairman) A Gascoyne (Secretary) K Cann C Cann S Lenton K Bletcher DJ Bearder J Hinchley Social Club The Social Club it had another excellent year with a profit of £94,279, an increase from the previous year of £23,670. The amount of £94,279 was gift aided to the charity for 2024. Charlt The Charity reports a combined surplus of £20,000. The surplus comprises two elements the unrestricted funds of the charity returned a surplus of £49,761 from the activities of the charity such as room hire, occupational licence and gift aid from the company the designated funds element returned a deficit of £29,761. The major factor in the designated funds deficit was the interim costs incurred in the provision of granite plaques for the memorial following the degradation of the original brass plaques. The Shirebrook Colliery Memorial Fund incomelexpenditure is detailed in note 9 of the annual accounts. The remaining cumulative balance of the memorial fund at 31 December 2024 is £1,812. Our investment portfolio at 31 December 2024 stood at £143,250, making net investment gains of £11,618 during the year. No drawdowns were taken during 2024. Shirebrook Collie Memorial Fund The Memorial Committee were disappointed in the quality of the brass plaques on the monument and contacted the sculptor only to find out that the cornpany who
prepared the brass plaques had gone out of business. The Committee contacted ASBC Heritage and Conservation Specialists with a view to replacing the plaques and, following their advice, the Committee accepted their recommended that granite plaques with larger lettering would last for hundreds of years. However, the new granite plaques will result in an extra cost of £78,000 plus a further£10,000 approximately for the memorial plaque which is attached to the statue giving a total cost of £88,000 further to be raised. During the year £60,000 had been raised and paid to ASBC for the purchase of the granite and the setting of the names onto the granite plaques. Fundraising for the memorial continues until the project is fully completed. Grants and Donations During the year the Children's fund donated £1,965 towards activities for the local children in the charity premises. Cygnet donated £1,050 towards local community initiatives and Shirebrook Rangers FC donated £1,000 towards fundraisers held by the charity. Alan Elliott's family supported the charity with a fundraiser in October raising money for the memorial fund the amount raised was £2,000 which is held as part of the memorial fund fundraising. Donations were made during the year to the Dovecote Care Home £250- towards a day trip to Skegness for the residents and fish and chip supper; Rose Hill Arts Centre £200- towards activities. Rlchmond Care Home (Jarrod Smith) chippy tea Christmas Eve for residents; Cygnet Health £150 donation for community activities; Shirebrook MW FC £100 donation for community activities. Easter, Halloween, Christmas and sporting children's activities £2,738. Investments At 31 December 2024 the charity's bank balance was £57,077 (including designated funds of £1,812 in respect of Shirebrook Colliery Memorial Fund) and the charity's investment portfolio which is held by Rathbones stood at £143,250. Chlldren's Fund The Children's Fund bank balance stood at £7,583 at 31 December 2024. The Children's fund is funded mainly from the proceeds of the Thursday night bingo held at the Welfare.
Reserves Polic As at 31 sl December 2024 the free reserves of the charity amounted to £197,487 (2023 £177,123). The Trustees, are of the opinion that the current reserves will be sufficient to enable them to meet their commitment to the beneficiary population in Shirebrook for many years to come although the Charity needs to strengthen its unrestricted reserves position to enable this. The Trustees, are now working towards maintaining two years running costs of the Charity as a reserve. Currently the charity could sustain approximately one year's running costs. Rlsk Mana ement The Trustees, have examined the major strategic, business and operational risks which the Charity faces and confirms that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. Trustees, Res onsibilities in relation to the Flnanclal Statements The law applicable to Charities In England and Wales require Trustees, to prepare ~financial statements for each financial year which give a true and fair view of the Charity's financial aclivities during this year and of its financial position at the end of the year. I n preparing those financial statements, the Trustees, are required to: Select suitable accounting policies and then apply them consistently. Observe the method and principles of the Charities SORP. Make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements., and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
Approved by the Board of Trustees on Date . Signed..%.:..ts................... (Chair)
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF SHIREBROOK MINERS, WELFARE CENTRE I report on the financial statements of the charily for the year ended 31 December 2024 which are set out on pages 4 to 10. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to= examine the accounts under section 145 of the Charities Act- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5){b) of the Charities Act)., and to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination was carried out in accordance with general Directions given by the Charity Commission. An examinalion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanalions from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below. INDEPENDENT EXAMINER'S 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 section130 of the Charities Act-. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities 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. J M Ellis ACMA Brickhouse 7 Barnsley Road Ackworth Pontefract Wesl Yorkshire WF7 7BS Dale
SHIREBROOK MINERS, WELFARE CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Restrlcted Unrostrlcted Tota5 Funds Funds 2024 Total 2023 Notes INCOMING RESOURCES Voluntary Income: Subscription: Assooiate Members Gift Aid Shirebrook MW Soclal Club Ltd Grants & Donations Activity Groups.. Surplus Memorial Fund Activltles for Generatlng Funds. Occupational Licence MW Social Club Ltd SMW Cleaning SeNice Incomlng Resources from Charltable Actlvlties: Room Hire Sundry IncomelFundraising Raffles Investment Income 408 94,279 4.062 5,478 408 94,279 4,062 5,478 32,157 304 70,609 2,219 3,706 34,426 32,157 24,000 24,000 24,000 117 28,199 6,967 2,689 28,199 6,967 2,689 27,496 5,751 2,624 TOTAL INCOMING RESQURCES 32,157 166,082 198,239 171,252 RESOURCES EXPENDED Charltable Expendlture. Activity Groups.. Def icil Wages and Nallonal Insurance Cleaning Malerials Light & Heat Prlnting and StatlonerylAdverts Telephone and Internet Provision WaterlG@neral Fl2tes Insuran Repairs and Renewa15 Refuse Collection Photocopier Grants and Donations Sundry Expenses Depreciation Fixtures and Fittings Direct Fundraising Costs Memorial Fund Governance Costs.. Legal and Professional Fees Accountancy 31,504 3,773 36,964 485 1,35g 3,878 2,594 11,66T 3,507 799 3,688 14 9,528 5,376 31,504 3,773 36,964 485 1,359 3,876 2,594 11,667 3,507 799 3,688 14 10,676 5.376 60,770 36,407 3,454 39,068 51D 1,372 4.661 2,6Q9 13,123 3,114 872 5,851 2a 1,148 11,325 3,614 75,235 60,770 8,220 4,585 8,220 4.585 2,028 4,585 TOTAL RESOURCES EXPENDED 61,918 127,939 189,857 207,828 NET RESOUCES EXPENDED BEFORE TRANSFERS 29.761 38,143 8,382 36,576
SHIREBROOK MINERS. WELFARE CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 CONTINUED Desi nated Unrestrlcted Funds Funds Total 2024 Total 2023 Notes NET RESOURCES EXPENDED BEFORE TRANSFERS (29,761) 38,143 8,382 (36,576) Transfers behveen Funds NET RESOURCES EXPENDED FOR THE YEAR (29,761) 38,143 8,382 (36,5761 Gain on Sale of Assets Gainsl(Losses) on Investments Assets.. Real ised Unrealised Revaluation of Tangible Assets 7,908 3,710 7,908 3,710 (176) 7.693 NET MOVEMENT IN FUNDS (29,761) 20,000 (29,059) Fund Balances Brought Forward at 1 January 2024 732,750 492,881 1,225,631 1,254,690 FUND BALANCES CARRIED FORWARD AT 31 DECEMBER 2024 702,989 542,642 1,245,631 1,225,631 The notes form part of these financlal statements
SHIREBROOK MINERS, WELFARE CENTRE BALANCE SHEET AS AT 31 DECEMBER 2024 NOTES 2024 2023 FIXED ASSETS: Tangible Assets 989,178 995,020 Investments 2b 143,250 136,441 CURRENT ASSETS: Debtors and Prepayments Cash at Bank and In Hand Short Term Deposits Activity Group Account Balances 20,837 57,077 6,511 58.966 20,185 35,448 1,189 53,488 143,391 110,310 CREDITORS: Amounts falling due within one year 30,188 (16,140 NET CURRENT ASSETS 113,203 94,170 TOTAL ASSETS LESS CURRRENT LIABILITIES 1,245,631 1,225,631 NET ASSETS 1.245,631 1,225,631 INCOME FUNDS Designated Funds Unrestricted Funds 702,989 542,642 732,750 492,881 1,245,631 1,225,631 Approved by the Board of Trustees on and signed on its behalf by.. 3016125 Trustee The notes form part of these financial statements
SHIREBROOK MINERS. WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Accountln Conventlon The accounls have baen prepared under the historlc cost convention with the exception that investments are valued al market value. The accounts ar8 prepared in accordance with applicable accounling standard5. the Charities SORP (2005) (Accounting and Reporbng by Charities} and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charitie5 Act 2011. Tan ible Flxed Assets Depreciation Is provided at the following annual rates in order to write off each ass8t over 115 ests'mated useful life, Freehold Land and Buildings Fixtures and Fittlngs Motor Vehicle 10010 (reducing balanc6 basis) 250/0 (straight line basis) Taxatlon The Trust is a reglslered charity and accordlngly is ex8mpt from tsxation on its income and galns where they are applied for charitable purpos88. General IncomelEx enditure Occupational Licence income is included in the Statement of Financial Activities as it falls due, All other gen6ral income is recognised on receipt. Investment income is recorded when receivable. Gift Aid reclairnable on donations to the charity Is included with the amount received. Other @xpendilure is included in the accounts on an accruals basis. Irr&coverable VAT is charged to the SOFA as Incurred,
SHIREBROOK MINERS. WELFARE CENTRE NOTES TO T ACCOUNTS OR THE YEAR ENDED ECEMBER 2024 NGIBLE FI D ASSETS Unrestricted Rest Ic slrlcted Rèllrfcted Land an Land and FIX & Flltln x & Fitli Bulldln Bulldln Nota At Cost A5 at1 January 2024 Additions Disposals Asa 31 Dece 305,369 587,724 253,754 4,824 97,487 1,244,334 4,834 ér 2024 305,369 587,724 258,588 97,487 1,249,168 Accumula De recl As at1 January 2024 Provided for year Disposa18 Asat31 D 1e3,305 9,528 86,009 1,148 249,314 10,676 cember 24 172,833 87,157 259,990 Net Book Values 31 December 2024 305,369 587,724 85,755 10,330 989,178 31 December2023 305,369 587,724 90,449 11,478 995,020 2b INVESTMENTS 2024 2023 Market Value as at 1 January 2024 Additions al Cost Disposal Proceeds Net Inve81mont Gainl(Los8} 136,441 35,354 140,1631 11,618 110,343 33,231 114,6491 7,516 Matket Value as at 31 Decomber 2024 143,250 Gost as at 31 Oecemb6r 2024 123,302 120203
SHIREBROOK MINERS, WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 DEBTORS 2024 2023 Trade Debtors - Main Scheme Prepaym8nls Sundry Debtors Shirebrook Miners Welfare Social Club Lld VAT 4,677 2,115 6,823 7.222 1,560 2,033 6,848 8,834 910 20,837 20,185 CASH AT BANK AND IN HAND Cash at Bank Current Account- Main Scheme 57.077 35,448 57,077 35,448 Short Term Deposits Short Term Deposits - Investment Manag6r 6,511 1,189 6,511 1,189 ACTIVITY GROUP ACCOUNT BALANCES Shirebrook Miners Welfare Senior Citizens Fund Shirebrook Miners Welfare Angling Club Shirebrook Miners Welfare Band Shirebrook Miners Social Flying Club Childrens Fund 649 46,082 4,652 440 40,624 7,518 150 4,756 7,583 58,966 53,488
SHIREBROOK MINERS, WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 CREDITORS 2024 2023 Amounts fallln due wlth one ear.. Trade Creditors PAYE VAT Other Creditors Accruals 26,044 8,923 249 139 1,391 2,83D 1,375 5,593 30,204 16,140 ACTIVITY GROUPS. SURPLUSI DEFICIT 2024 2023 Surplus Balances: Members Christmas Fund Angling Club Shirebrook Miners Social Flying Club Childrens Fund 209 5,458 3,184 2,827 2.155 8,494 5,319 Deficit Balances: Mernbers Christmas Fund Shirebrook MW Unison Band Shirebrook Minprs Social Flying Club 89 1,437 87 2.866 150 3,Q16 1,613 Net Sur lusl Daficit Activit Grou 5,478 3,706 During the year the charity continued to support tha sections of the Schem8 in furtherance of its charitable oblectives. TRUSTEES REMUNERATION The Irustees received no reimbursement of expenditure or remLineration during tha yaar, either dire¢Ély or indirectly (2023 nil). 10
SHIREBROOK MINERS. WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 SHIREBROOK COLLIERY MEMORIAL FUND 2024 2023 Income Donation6 under Gift Aid Other Donatlons Gift Ald Reclaim HMRC Memorfal Granl Scheme- VAT Reclaim Salo ofT Shirts Kids Discos Sale of Badges and Mugs Race Nights Leggvs Do, Raffie Alan Elliotts Grand Raffl& Natlonal Lottery H8ritsg8 Fund Bik8 Ride Skegness donation Foolb811 Card8 Raffles etc 2,998 1,946 1,535 10,230 2,900 40 6,074 8,000 50 230 1,380 1,044 1,829 2,000 435 1,335 15,000 7.225 175 1,565 592 Total Incom8 32,157 34,426 Expendltur8 Celebration Dlnnar Costs Calabratlon Day framing souvenirs Postag8lPrintinglPaper 52 Ltd { Peter Walker Sculptor) ASBC plaques Engraving Ternplat8s Memorial Day Costs Project Me8tinglAccommodation Costs Drawing Competition Costs Purchase ofT Shlrts Frarrlng of Mining M8morabilia Posters Peoples History Museum - Banner Bronz8 Finials- Banner Peoples Museum Trip Total Expendlture 4,198 1,160 849 48,000 60,000 1,380 9,103 275 1.645 268 182 320 7.570 310 745 60,770 75,235 Surplus 28,613 40,809 Cumulatlve Balance as at 31 December 2024: Opening Balance at 1 January 2024 Add: Incornp 30,425 32,157 Less.. Exp8nditure 160,7701 Closing Balanco at 31 Docember 2024 1,812 Total Income from Stsrt of Project., 289.153 Total Expenditure from Start of Project: {287,341) Balance of Project Carried Forward 31 December 2024 1,812
SHIREBROOK MINERS. WELFARE CENTRE SHIREBROOK MINERS WELFARE SENIOR CITIZENS FUND INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER 2024 INCOME 2024 2023 RaffleslBingo Donation Football Cards Miscellaneous Income 269 25 365 310 21 659 331 EXPENDITURE Catering 450 420 450 420 SurplusllDeflcit) carried forward to general Statement of Financial Activltles 209 89 12
SHIREBROOK MINERS, WELFARE CENTRE SHIREBROOK MINERS WELFARE ANGLING CLUB INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME Memberships 2023 Mémb8rships 2024 M8mbershlps 2025 Day Tlckets 1,537 8,710 2,303 8,827 4,149 4,470 15,279 14,717 EXPENDITURE Bailiff s Pelrollvalets Bailiffs Boots, Socks, Bags, Umbrellas, Shelters & Torches Sponsorship of Ch8all8s Group Shir&brook MWC Flsh Purchase Power Tools & Acc@ssorles Barley Straw, floats & appllcallon Gate Keys New LoGk 1 sl Cabln Public Liability I nsurance Fish Food & Conditioner- Winter Flsh Food & Condition8r- Summer Offlclals Talèphon8 Otc Costs Lease Agreement & Rent- Forestry England Sign Allerat1on at Pond Welfare Memberships W8edkiller Sacurity Cameras and Batleri8S Flowers Mrs widdowson Gas bottle New Gas Heater for Cabln Flat & Mouse TrapslPoisonlRrfle Pellets Match Notice Board statlonery 2.700 2,760 505 1,500 540 2,59 964 350 175 390 200 111 697 66D 2,000 110 108 660 600 2,000 110 20 240 320 115 103 211 25 70 150 108 32 35 93 9,821 11,553 Suplusl{Defi¢wtl Carried forward to general Stat6n16nt of Financial Activities 5,458 3,164 13
SHIREBROOK MINERS, WELFARE CENTRE SHIREBROOK MINERS WELFARE BAND INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME ConcertslDonatlons - Senior Band Preview Night Entry Fees Donations Raffles 7,844 5,615 230 1,320 275 7,844 7,440 EXPENDITURE Musical Direclor Contest - Travellfeeslexpenses Borrowed Players 4,895 1,025 365 381 146 4,050 415 29 180 300 1.104 1,015 119 226 100 December Social - Room & Catering Player Presentations Instrument repairslequipment Insurance Rehearsal Flooms PRSIBBE Preview Evening, Adjudicator Trophy Engraving Freeola Ltd Miscellaneous Internet Fees Bank Charges Donatlon - Ashfield hospice Shirebrook B Band 1,631 1.015 122 235 106 200 600 126 74 95 180 10,710 8,877 Surplusl(Deflclt) carried forward to general Statement of Financial AGtivities 2,866 (1,437) 14
SHIREBROOK MINERS. WELFARE CENTRE SHIREBROOK MINERS SOCIAL FLYING CLUB INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME Club Fee Federation Fee Birdage Clock Fee BreederlBuyer Fee Donation 260 365 3,087 172 1,190 500 5,574 EXPENDITURE Fereration Fee BreederlBuyer Fee Secretatys Expens&s Separate LIB Roll Card Basket Cleaninglcrate Fee Prize hAoney & Average Top Ups Sundrles Rings Miscellaneous Fee Miscellaneous Prlnterlstalionery 288 800 300 50 40 2,168 1,610 170 237 150 150 5,661 SuplusllDeficit) c2rri8d forward to ganeral Statement of Flnancial Actlvltles 150 87 15
SHIREBROOK MINERS. WELFARE CENTRE CHILDRENS FUND INCOME AND EXPENDITURE ACGOUNT FOR PERIOD ENDED 31 DECEMBER 2024 2024 2023 INCOME Bingo and Raffles 7,171 7,391 7,171 7,391 EXPENDITURE Childrens GiftslBingo prizes for Easter, Halloween and Xmas parties 493 1,271 Selection Boxes and Gift Wrap Xmas Parties 1,342 1,305 Childrens Entertainer and Discos at Halloween, Xmas and Summer Party 1,855 1,588 Sweets and Easler Eggs for Childrens Parties 608 563 Decorations for Xmas and Halloween Parties 47 509 4,344 5,236 Surplusl{Deficlt) carried forward to general Statoment of Financial Activities 2,827 2,155