## HEANOR MINERS' WELFARE TRUST
STATEMENT OF ACCOUNTS YEAR ENDED 31 DECEMBER 2024
## HEANOR MINERS' WELFARE TRUST YEAR ENDED 31 DECEMBER 2024
## CONTENTS
## Page
- 1 TRUSTEES’ REPORT
- 2 OFFICERS AND ADVISERS
- 3 STATEMENT OF FINANCIAL ACTIVITIES
- 4 BALANCE SHEET
- 5-7 NOTES TO THE ACCOUNTS
- 8 REVENUE ACCOUNT
- 9 SPORTS SECTION ACCOUNTS
## 10 SOCIAL SECTION ACCOUNT 11 INDEPENDENT EXAMINER’S REPORT
1
## HEANOR MINERS' WELFARE TRUST
## TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
2024 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 try and balance the increases we had to increase the prices in the concert room and reduce the hours of the bar staff while trying to maintain reasonable prices in the members’ bar.
We have tried to keep to a minimum the cost of maintenance of the Welfare, the outer buildings and grounds without neglecting the necessary maintenance required to keep the Welfare and grounds in a safe and clean condition. The Trustees would like to thank the General Manager, Steward/Stewardess 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 730 members, and all of our indoor and outdoor games have hada fairly good year and have supported the Welfare whenever possible. Once again, many thanks go to Garry our Steward for the amazing Christmas lights display, although this was spoiled this year by some vandalism around the Bowls green. Many thanks also go to Alan and Colin Priestley for the continued supply of the flowers and plants around the buildings and grounds creating some pleasant surroundings for our members and visitors alike.
Once again, all that remains 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 themselves.
John H. Marshall Chairperson of the Trust
Trustees:J. Marshall (Chairperson), A. Reynolds (Vice Chairperson), P. Rimmington, S.Fahy, P. Beer, A. Beer, I. Saxton.
2
## HEANOR MINERS' WELFARE TRUST
## OFFICERS AND ADVISERS
## TRUSTEES
## J H Marshall (Chairman)
A Reynolds
P Rimmington
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
## INDEPENDENT EXAMINER
PRA Palfreyman 83 Nottingham Road Codnor Derbyshire
## SCHEME SOLICITORS
W A Glossop 40 Clarence Road Chesterfield, Derbyshire
3
## HEANOR MINERS' WELFARE TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024
||||2024|||2023|
|---|---|---|---|---|---|---|
||Note|£||£|&|£|
|Income and expenditure|||||||
|Incoming resources|||||||
|Social activities|2||221,761|||213,523|
|Sporting activities|||5,925|||4,600|
|Other income|3||29,378|||21,373|
|Total incoming resources|||257,064|||239,496|
|Resources Expended|||||||
|Direct costs|4|187,084|||183,782||
|Premises expenses||31,303|||29,096||
|Social activities||14,534|||12,813||
|Sporting activities||3,928|||2,965||
|Management and|||||||
|administration||19,089|||22.014||
|TotalResources Expended|||255,938|||250,670|
|Net resources fortheyear|||1,126|||(11,174)|
|Balance at 1 January2024|||519,978|||531,152|
|Balancecarriedforwardat31|31December2024||521,104|||519,978|
4
## HEANOR MINERS' WELFARE TRUST
BALANCE SHEET 31 DECEMBER 2024
||||2024||2023|
|---|---|---|---|---|---|
||Note|£|£|£|£|
|Fixed assets|5||509,894||512,254|
|Current assets||||||
|Stock||5,694||5,506||
|Debtors|6|11,471||1,212||
|Cash atbank||13,416||22,120||
|Cash inhand||700||1,142||
|||31,281||29,980||
|Creditors —amounts falling due||||||
|within one year|7|20,071||22,256||
|Net current assets|||11,210||7.724|
||||521,104||519,978|
|Accumulated fund||||||
|Unrestrictedfunds|8||521,104||519,978|
Approved by the Trustees on 6 April 2025.
## hoki H Marshall (Chairperson)
5
HEANOR MINERS' WELFARE TRUST NOTES AND ACCOUNTING POLICIES YEAR ENDED 31 DECEMBER 2024
- 1 Accounting policies
## BASIS OF ACCOUNTING
The accounts of the Welfare are prepared in accordance with the historical cost accounting rules.
## DEPRECIATION
Fixed assets are depreciated by annual instalments over their estimated useful lives at the following rates :
Furniture and fittings - 10% 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|Income from Social Activities|2024|2023|
|---|---|---|---|
|||£|£|
||Bar sales|211,451|205,808|
||Income frommachines|5,624|4,808|
||Subscriptions|2,192|2,009|
||Donations|0|566|
||Fund raising activities|2.494|332|
|||221,761|ales|
|3|Other income|2024|2023|
|||£|£|
||Hire offacilities|29,267|18,871|
||Property rates refunds|0|2,261|
||Interest received|111|241|
|||29,378|21,373|
|4|Direct costs|2024|2023|
|||£|£|
||Cost ofbar sales|103,391|103,321|
||Wages|83.693|80,461|
|||187,084|183,782|
6
## HEANOR MINERS' WELFARE TRUST NOTES AND ACCOUNTING POLICIES YEAR ENDED 31 DECEMBER 2024
5 Fixed assets
|Fixed assets|||£|£|
|---|---|---|---|---|
|Landandbuildings|=|- 1.1.24|468,538||
|||- additions|0|468,538|
|Furniture and fittings||- 1.1.24|26,320||
|||- additions|2,236||
|||- depreciation|(2,856)|25,700|
|Equipment||- 1.1.24|17,396||
|||- additions|0||
|||- depreciation|(1,740)|15,656|
|||||509.894|
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|2024|2023|
|---|---|---|---|
|||£|£|
||Sundry debtors|2,535|400|
||Prepayments|8.936|812|
|||11,471|1,212|
|7|Creditors: amounts fallingduewithin one year|||
|||2024|2023|
|||fd|£|
||Trade creditors|7,345|10,075|
||Accruals|4,101|3,745|
||Other creditors|3,710|3,228|
||VAT|4.915|5,208|
|||20,071|22,256|
7
## HEANOR MINERS' WELFARE TRUST NOTES AND ACCOUNTING POLICIES YEAR ENDED 31 DECEMBER 2024
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|8|Accumulated|Fund|2024|2023|
|£|£|
|Balance|brought|forward|519,978|531,152|
|Net|balance|for year|1,126|(11,174)|
|Balance|carried forward|521,104|519,978|
**----- End of picture text -----**
8
## HEANOR MINERS' WELFARE TRUST REVENUE ACCOUNT YEAR ENDED 31 DECEMBER 2024
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|2024|2023|
|£|£|£|£|
|Sales|211,451|205,808|
|Cost|of sales|
|Opening|stock|5,506|5,526|
|Purchases|101,563|100,535|
|107,069|106,061|
|Closing|stock|5,694|101,375|5,506|84,988|
|110,076|105,253|
|BOC|costs|2.016|2,766|
|108,060|102,487|
|Other income|
|Gaming machines|(net)|4,850|3,519|
|Pool table|774|5,624|1,289|4,808|
|113,684|107,295|
|Overhead|expenses|
|Wages|and national|insurance|83,693|80,461|
|Rates|and water|3,062|3,664|
|Light and|heat|7,597|8,454|
|Telephone|and|internet|1,143|891|
|Insurance|5,939|5,264|
|Stationery|and|adverts|33|281|
|Legal|and professional|fees|750|3,306|
|Cleaning|2,021|3,961|
|Accountancy|and|audit|1,000|1,000|
|Repairs|13,562|10,823|
|Stock|taker|1,452|1,257|
|Lease|of equipment|1,200|1,241|
|Entertainments|12,230|12,530|
|Bank|charges|3,673|2,809|
|Sundries|280|856|
|Licenses|and|duties|4,084|2,446|
|Depreciation|4,596|146,315|4,857|144.101|
|Net|deficit|for year|(32,631)|(36,806)|
**----- End of picture text -----**
9
## HEANOR MINERS' WELFARE TRUST SPORTS SECTION ACCOUNT YEAR ENDED 31 DECEMBER 2024
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|2024|2023|
|£|£|£|£|
|Income|
|Raffles|and fund|raising|3,752|2,559|
|Bowls membership|fees|810|655|
|Match|fees|1,363|1,390|
|5,925|4,600|
|Expenditure|
|Mower|maintenance|32|20|
|Ground|maintenance|2,458|1,830|
|Equipment|0|84|
|Food|243|36|
|Bowls|shirts|0|94|
|Trophies|75|130|
|League|fees|1,120|768|
|3,928|2,965|
|Net surplus|for year|1,997|1,635|
**----- End of picture text -----**
10
## HEANOR MINERS' WELFARE TRUST SOCIAL SECTION ACCOUNT YEAR ENDED 31 DECEMBER 2024
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|2024|2023|
|£|£|£|£|
|Income|
|Subscriptions|2,192|2,009|
|Collection|for|Air|Ambulance|754|400|
|Donations|0|566|
|Collection|for|defibrillator|800|0|
|Raffles and fund raising|940|_332|
|4,686|3,307|
|Expenditure|
|Coronation|badges|0|233|
|Food|0|50|
|Bouncy|castle|750|0|
|Air|Ambulance|donation|754|400|
|Defibrillator|donation|800|0|
|Outings|_0|0|
|Net|2,304|683|
|surplus|for year|2,382|2,624|
**----- End of picture text -----**
11
## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HEANOR MINERS' WELFARE TRUST
I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 3 to 10.
## Respective responsibilities of trustees 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 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 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 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 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 RA Palfreyman
Codnor, Derbyshire 6 April 2025