**REGISTERED CHARITY NUMBER: 521337**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FOR**
## **ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ
**ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|9|
|**Detailed Statement of Financial Activities**||10||
## **ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objectives of the scheme are the provision of facilities for such forms of recreation and other leisure time occupations as are conducive to the improvements of the conditions of living of the inhabitants of Tyldesley and the neighbourhood thereof and in particular (but not exclusively) such of the said inhabitants as are members of the mining community.
Provided that nothing herein contained shall authorise the application of the trust property for purposes which are not in law charitable.
Once again the residents of the surrounding area have been well catered for by the Institute with the provision of sporting and social activities.
In all respects the trustees believe that they have complied with their duty to have due regard for public benefit.
## **ACHIEVEMENT AND PERFORMANCE**
The main aims of the scheme have been met by the maintenance of facilities for the various sections of the Institute, by the support given to local charities and supporting organisations, the holding of events for the benefit of senior citizens and children and the maintenance of a centre for the use of the local community.
The activities of the scheme were, in the main, financed by an associated company, Astley and Tyldesley Miners' Welfare Institute and Recreation Grounds Limited (the "limited company"), the fund raising efforts of the various sections, the Institute and its members.
The limited company, which comprises of a bar and gaming machines, covenants all its profits to the scheme.
## **FINANCIAL REVIEW**
## **Reserves policy**
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the scheme, retained in order to ensure the day to day running of the charity.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The scheme has obtained charitable status and is governed by a trust deed dated 29 March 1960. Its registered charity number is 521337.
The charity shall be called Astley and Tyldesley Miners' Welfare Institute and Recreation Grounds and is hereinafter referred to as the "scheme".
## **Recruitment and appointment of new trustees**
The power to appoint or remove a trustee is vested in The Coal Industry Social Welfare Organisation.
The induction and training of any new trustees is undertaken by the management committee.
## **Organisational structure**
The affairs of the scheme are managed by a management committee which is elected by the members.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
521337
Page 1
**ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
**Principal address** Meanley Road Astley Tyldesley Manchester M29 7DN
## **Trustees**
J D Burns (resigned 1.8.23) M H Thomas J Foy (appointed 18.1.23) P Finch (appointed 28.9.23)
## **Independent Examiner**
A J Syddall M.A. F.C.A. P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ
## **Bankers**
Lloyds TSB Bank plc Hotel Street Bolton Lancashire BL1 1DB
## **Solicitors**
Dootson Eckersley Hope Manor House Bolton Old Road Atherton Manchester M46 9DH
Approved by order of the board of trustees on 10 December 2024 and signed on its behalf by:
M H Thomas - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **Independent examiner's report to the trustees of Astley and Tyldesley Welfare Institute and Recreation Grounds**
I report to the charity trustees on my examination of the accounts of Astley and Tyldesley Welfare Institute and Recreation Grounds (the Trust) for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
A J Syddall M.A. F.C.A.
P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ
10 December 2024
Page 3
## **ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Other trading activities
2
**11,653**
Other income
3
**30,500**
**Total**
**42,153**
**EXPENDITURE ON**
Other
**31,611**
**NET INCOME**
**10,542**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**125,606**
**TOTAL FUNDS CARRIED FORWARD**
**136,148**|2022
Total
funds
£
14,980
75,000|
|---|---|
||89,980|
||43,170|
||46,810
78,796|
||125,606|
The notes form part of these financial statements
Page 4
**ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **BALANCE SHEET 31 DECEMBER 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
5
**47,546**
**CURRENT ASSETS**
Debtors
6
**83,855**
Cash at bank and in hand
**13,960**
**97,815**
**CREDITORS**
Amounts falling due within one year
7
**(9,213)**
**NET CURRENT ASSETS**
**88,602**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**136,148**
**NET ASSETS**
**136,148**
**FUNDS**
8
Unrestricted funds
**136,148**
**TOTAL FUNDS**
**136,148**|2022
Total
funds
£
36,195
74,121
19,005
93,126
(3,715)
89,411
125,606
125,606
125,606
125,606|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 December 2024 and were signed on its behalf by:
M H Thomas - Trustee
J Foy - Trustee
The notes form part of these financial statements
Page 5
**ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **INCOME**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **EXPENDITURE**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **TANGIBLE FIXED ASSETS**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Clubhouse - not provided Building alterations - 10% on reducing balance Fixtures and fittings - 10% on reducing balance Lawn mower - 10% on reducing balance
## **TAXATION**
The charity is exempt from tax on its charitable activities.
## **FUND ACCOUNTING**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **2. OTHER TRADING ACTIVITIES**
|Subscriptions
Bowling green fees
Donations received
Door box and bar bottle
Room rent and discos
Snooker|**2023**
**£**
**4,243**
**2,223**
**389**
**590**
**3,175**
**1,033**
**11,653**|2022
£
4,148
2,252
1,710
585
4,554
1,731|
|---|---|---|
|||14,980|
Page 6
continued...
**ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **3. OTHER INCOME**
|**OTHER INCOME**|||
|---|---|---|
|Telephone mast income
BBC TV
Deed of covenant|**2023**
**£**
**12,000**
**1,500**
**17,000**
**30,500**|2022
£
12,000
-
63,000|
|||75,000|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **5. TANGIBLE FIXED ASSETS**
|**COST**
At 1 January 2023
Additions
At 31 December 2023
**DEPRECIATION**
At 1 January 2023
Charge for year
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022|Clubhouse
£
**6,340**
**-**
**6,340**
**-**
**-**
**-**
**6,340**
6,340|Building
alterations
£
**14,772**
**9,800**
**24,572**
**14,316**
**1,026**
**15,342**
**9,230**
456|Fixtures
and
fittings
£
**152,000**
**6,130**
**158,130**
**126,951**
**3,118**
**130,069**
**28,061**
25,049|Lawn
mower
£
**5,750**
**-**
**5,750**
**1,400**
**435**
**1,835**
**3,915**
4,350|Totals
£
**178,862**
**15,930**|
|---|---|---|---|---|---|
||||||**194,792**|
||||||**142,667**
**4,579**|
||||||**147,246**|
||||||**47,546**|
||||||36,195|
continued...
Page 7
## **ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
|**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
VAT
Prepayments and accrued income
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accruals and deferred income
**8.**
**MOVEMENT IN FUNDS**
At 1.1.23
£
**Unrestricted funds**
General fund
**125,606**
**TOTAL FUNDS**
**125,606**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**42,153**
**TOTAL FUNDS**
**42,153**
**Comparatives for movement in funds**
At 1.1.22
£
**Unrestricted funds**
General fund
78,796
**TOTAL FUNDS**
78,796|**2023**
2022
**£**
£
**77,783**
72,091
**800**
2,030
**5,272**
-
**83,855**
74,121
**2023**
2022
**£**
£
**5,498**
-
**3,715**
3,715
**9,213**
3,715
Net
movement
At
in funds
31.12.23
£
£
**10,542**
**136,148**
**10,542**
**136,148**
Resources
Movement
expended
in funds
£
£
**(31,611)**
**10,542**
**(31,611)**
**10,542**
Net
movement
At
in funds
31.12.22
£
£
46,810
125,606
46,810
125,606|
|---|---|
continued...
Page 8
**ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|89,980|(43,170)|46,810|
|**TOTAL FUNDS**|89,980|(43,170)|46,810|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.22
£
78,796
78,796|Net
movement
in funds
£
57,352
57,352|At
31.12.23
£
136,148|
|---|---|---|---|
||||136,148|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|132,133|(74,781)|57,352|
|**TOTAL FUNDS**|132,133|(74,781)|57,352|
## **9. RELATED PARTY DISCLOSURES**
The charity's property is used by associated company, Astley and Tyldesley Miners' Welfare Institute and Recreation Grounds Limited. The company carries out its day to day operations from the premises free of charge.
At the balance sheet date the company owed the charity £77,783 (2022 - £72,091 which is included within debtors due within one year.
Page 9
## **ASTLEY AND TYLDESLEY WELFARE INSTITUTE AND RECREATION GROUNDS**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
||2023|2022|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Other trading activities**|||
|Subscriptions|**4,243**|4,148|
|Bowling green fees|**2,223**|2,252|
|Donations received|**389**|1,710|
|Door box and bar bottle|**590**|585|
|Room rent and discos|**3,175**|4,554|
|Snooker|**1,033**|1,731|
||**11,653**|14,980|
|**Other income**|||
|Telephone mast income|**12,000**|12,000|
|BBC TV|**1,500**|-|
|Deed of covenant|**17,000**|63,000|
||**30,500**|75,000|
|**Total incoming resources**|**42,153**|89,980|
|**EXPENDITURE**|||
|**Other**|||
|Insurance|**5,232**|5,054|
|Rates and water|**3,808**|5,124|
|Repairs and renewals|**3,590**|7,985|
|Legal charges and licences|**164**|164|
|Accountancy fees|**385**|375|
|DJ and artistes|**854**|905|
|Games expenses|**3,241**|670|
|Grounds maintenance|**5,124**|12,619|
|Sundry expenses|**530**|617|
|Donations|**4,104**|6,340|
|Depreciation of building alterations|**1,026**|51|
|Depreciation of fixtures and fittings|**3,118**|2,783|
|Depreciation of lawn mower|**435**|483|
||**31,611**|43,170|
|Total resources expended|**31,611**|43,170|
|**Net income**|**10,542**|46,810|
This page does not form part of the statutory financial statements
Page 10