PRA Palfreyman 83 Nottingham Road Codnor Derbyshire DE5 9RH Telephone . (H) 01773 745367 (Mobile) 07884 264446 E-mail . philippalfreyman@btinternet.com 8 April 2024 Coal Industy SOCI￿ Welfare Organisation Welfare Offices Berry Hill Lane Mansfield Notts NG18 4JR Dear Sir Heanor Miners Welfare l enclose a copy of the accounts to 31 December 2023 for your files. Yours sincerely P R A Palfreyman HEANOR MINERS, WELFARE TRUST STATEMENT OF ACCOUNTS YEAR ENDED 31 DECEMBER 2023 HEANOR MINERS, WELFARE TRUST YEAR EI¥DED 31 DECEMBER 2023 CONTENTS Page TRUSTEES, REPORT OFFICERS AND ADVISERS STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS REVENUE ACCOUNT SPORTS SECTION ACCOUNTS 10 SOCIAL SECTION ACCOUNT 11 INDEPENDEINT EXAMINER'S REPORT HEANOR MINERS, WELFARE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 was not an easy year for the Welfare with cost prices on everything increasing nearly every month. Like every household gas, water, electric, rates and water rates increased and not forgetting brewery increases, the minimum wage also increased. To ty and balance the increases we had to increase the prices in the concert room and reduce the hours of the bar staff while tying to maintain reasonable prices in the members, bar. We have tried to keep to a minimum the maintenance of the Welfare, the outer buildings and grounds without neglecting the necessary maintenance required to keep th¢ Welfare and grounds in a safe and clean condition. The ttwtees would like to thank The General Manager, Stewardlstewardess and all the staff that have helped in keeping the Welfare viable during these very trying times. Membership of the Welfare is stable at around 750 members, and all of our indoor and outdoor games have had a fairly good year and have supported the Welfare whenever possibl¢. One major expense this year has been the installation of a new digital cellar, supplied and maintained by Hein¢k¢n. This should save the Welfare a considerable amount per year by reducing line clean wastage and a reduction in gas usage. We have also had to purchase a new glass washer, a bottle fridge, 2 new sinks, one in the concert room and one in the members bar and general maintenance of the main building. Once again many thanks go to Garry our Steward for the amazing Christmas lights display, although this was spoiled this year by some vandalism amund the Bowls green. Many thanks also go to Irene, Alan and Colin Priestley for the continued supply of the flowers and plants around the buildings and grounds creating some pleasant suffoundings for our members and visitors alike. Once again all that ren￿InS for me to say is a big thank you to all of the Trustees, our General Manager, our Steward and Stewardess and all of our staff who help to make the Welfare a pleasant and safe place to enjoy thems¢lv¢s. John H. Marshall Chairperson of the Trust Trustees:_ J. Marshall (Chairperson), A. Reynolds (Vice Chairperson), P. Rimmingto S.Fahy, P. Beer. A. Beer, I. Saxton. HEANOR MINERS, WELFARE TRUST OFFICERS AND ADVISERS TRUSTEES J H Marshall (Chairnian) A Reynolds P RIM￿gtOn S Fahy P Beer A Beer I Saxton SCHEME REGISTERED ADDRESS 50 Ilkeston Road Heanor Derbyshire SCHEME BANKERS National Westminster Bank 42 Bath Street Ilkeston Derbyshire INDEPEIYDENT EXAMINER P R A Palfreyman 83 Nottingham Road Codnor Derbyshire SCHEME SOLICITORS W A GIossop 40 Clarence Road Chesterfield, Derbyshire HEANOR MINERS, WELFARE TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2023 2023 2022 Note Income and expenditure Incoming resources Social activities Sporting activities Other income Total incon)ing resourtes 213,523 4,600 189.161 3,695 239,496 210,534 Resources Expended Direct costs Premises expenses Social activities Sporting activities Management and administrdtion Total Resour¢e8 Expended Net resources for the year Balance at l January 2023 Balance carried forward at 31 Deeember 2023 183,782 29,096 12,813 2,965 163,841 34,823 12,160 2,790 250 670 (11,174) 531152 231789 (21,255) 552 407 HEANOR TrItNERS' WELFARE TRUST BALANCE SHEET 31 DECEMBER 2023 2023 2022 Note Fixed assets 512,254 509,342 Current assets Stock Debtors Cash at bank Cash in hand 5,506 1,212 22,120 5,526 5,528 39.548 29,980 51,628 Creditors - amounts falling due within one year Net current assets Accumulated fund Unrestricted funds Approved by the Trustees on 7 April 2024. . J H Marshall (Chairy)erson) HEANOR MINERS, WELFARE TRUST NOTES AND ACCOUNTING POLICIES YEAR ENDED 31 DECEMBER 2023 l Accounting policies BASIS OF AccouNfING The accounts of the Welfare are prepared in accordance with the historical cost accounting rules. DEPRECIATION Fixed assets are depreciated by am]ual instalments over their estijnated useful lives at the following rates . Furniture and fittings l O % on net book amount Equipment 10 % on net book amount STOCKS Stocks are stated at the lower of cost and net realisable value. Cost is computed on a first in first out basis. Net realisable value is based on estimated selling price less the estimated cost of disposal. 2 Ineome from Social Activities 2023 2022 Bar sales Income from machines Subscriptions Donations Fund raising activities 205,808 4,808 2,009 566 332 182,270 3,712 1,813 811 555 3 Other income 2023 2022 Hire of facilities Property rates refunds Interest received 18,871 2,261 241 17,620 58 4 Direet eosts 2023 2022 Cost of bar sales Wages 103,321 87,953 HEANOR MINERS, WELFARE TRUST NOTES AND ACCOUNTING POLICIES YEAR ENDED 31 DECEMBER 2023 5 Fixed assets Land and buildings 1.1.23 additions 468,538 468.538 Furniture and fittings - 1.1.23 additions - depreciation 27,344 1,900 26,320 Equipment 1.1.23 13,460 5,869 - additions depreciation No records of the original cost of many of the above fixed assets are available. The assets have been shown for many years at their written down values. 6 Debtors 2023 2022 Sundry debtors Prepayments 400 812 4,089 7 Creditors: amounts falling due within one year 2023 2022 Trade creditors Accruals Other creditors VAT 10,075 3,745 3,228 9,372 3,428 7,656 HEANOR MINERS, WELFARE TRUST NOTES AIYD ACCOUNTING POLICIES YEAR ENDED 31 DECEMBER 2023 8 Accumulated Fund 2023 2022 Balance brought forward 531,152 552,407 Net balance for year Balance carried forward HEANOR MINERS, WELFARE TRUST REVENUE ACCOUNT YEAR ENDED 31 DECEMBER 2023 2023 2022 Sales Cost of sales Opening stock Purchases 205,808 182,270 5,526 100 535 106,061 3,749 90,514 Closing stock 100 555 105,253 97,282 BOC costs 102,487 94,317 Other Rncome Gaming machin¢s (net) Pool table 3,519 2,540 107,295 98,029 Overhead expenses Wages and national insurance Rates and water Light and heat Telephone Insurance Stationery and adverts Legal and professional fees Cleaning Accountancy and audit Repairs Stock taker Lease of equipment Entertainments Bank charges Sundries Licenses and duties Depreciation Net deficit for year 80,461 3,664 8.454 891 5,264 281 3,306 3,961 1,000 10,823 1,257 1,241 12,530 2,809 856 2,446 75,888 2,302 9,994 782 4,443 179 1,714 4,127 1,000 17,302 762 1,159 11,015 2,333 426 1,941 144 101 139 901 HEANOR MINERS, WELFARE TRUST SPORTS SECTION ACCOUNT TrTAR ENDED 31 DECEMBER 2023 2023 2022 Income Raffles and fund raising Bowls membership fees Match fees 2,555 655 1,517 667 4,600 3,695 Expenditure Mower maintenance Ground maintenance Equipment Food Bowls presentation buffet Bowls shirts Trophies League fees 23 1,830 84 36 63 1,751 89 60 94 130 768 95 732 Net surplus for year HEANOR MINERS, WELFARE TRUST SOCIAL SECTION Accouwr YEAR ENDED 31 DECEMBER 2023 10 2023 2022 Income Subscriptions Collection for Air Ambulance Donations Raffles and fund raising 2,009 400 566 332 3,307 1,813 4.089 811 555 7,268 Expenditure Coronation badg¢s Food Queen's Jubilee Air Ambulance donation Easter Eggs Outings 233 50 248 731 4.089 130 36 400 683 Net surplus for year 11 INDEPENDEIYT EXAMINER'S REPORT TO THE TRUSTEES OF HEANOR MINERS, WELFARE TRUST I report on the accounts of the Tn￿ for the year ended 31 December 2023, which are set out on pages 3 to 10. Respective responsibillties of trnstees and examiner The Welfare 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 ACL - 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 attentio Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charities Commission. 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 or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The pmcedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given &s to whether the accounts present a '%rue and fair" view and the report is limited to those matters set out in the statement below. Independent examiDer's statement In connection with my examination, no matter has come to my attention: (l) which gives me reasonable cause to believe that, in any material respecL the requirements to keep accounting records in accordance with section 130 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. P R A Palfreyman Codnor, Derbyshire 7 April 2024 HEANOR MINERS, WELFARE TRUST SUMMARY TRADING ACCOUNT YEAR ENDED 31 DECEMBER 2023 2023 2022 Net deficit on revenue account (41,872) Other income Council Covid Grants Room hire Water rates refund Bank interest 17,620 58 (24,194) (5,805) Section accounts Sports section Social activities fund Total deficit for year 905