MOIRA MINERS, WELFARE TRUST Registered Charity No. 521471 STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 MOIRA MINERS. WELFARE TRUST REPORT AND FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEX CONTENT Legal an¢J Adminlstr•tivo Details Truslee$' Report Independenl Examinefs Repjrt Stslemenl of Flnan(ial Actsvib'es Balance Sheet Note5 to the Flnanclal Ststemenls Sedion Accounts 9-10 MOIRA MINERS. WELFAR TRUST EGA ND DMINISTRATIVE D S AT 31 MARCH 2024 TAI REGISTERED CHARITY NUMBER- 521471 TRUSTEES B Lester R Waldrum J Boullon M Avins {appolnted 26 October 2023) SCHEME ADDRESS Bath Lane Moira Swadlincole Derbyshi DE12 68P 8ANKERS CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ INDEPENDENT EXAMINER J Wallage FCA CISWO (Trading) knmited The Old Rectory Rectory Drive Whi$ton ROTHERHAM S60 4JG REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The tnjslees present their report along with the financial statements of the charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts which can be found on page 7. Constitutlon and Objects The charity is constituted by a Scheme dated 6 April 2005 and is registered under the number 521471. Its objects are to provide and maintain a welfare institute and recreational facilities for the benefit of the residents of Moira and its surrounding neighbourhoods with a view lo improving the lives of those residents, particularly (but not exclusively) those who are members of the mining community. The trustees have referred to the guidance given by the Charity Commission on public benefit when reviewing the charity's aims and objectives and details of the activities that have taken place during the year can ba found below. Organlsatlonal Structure The trustees who have served the charity during ihe year are shown on page 1. The charity is responsible for maintaining the premises and its contents and grounds in a suitable state of repair for use by those who live in the surrounding area. It raises income through various charitable activities, the maln one being the hiring out of its facilities lo the general public, but a substantial amount of its income comes from its connected trading company, Moira Sports and Social Club Limited. vthich pays an annual occupational licence fee to the charity in order to run its business from the charity's premises. In addition to this, the company also transfers any profits it makes lo the oharity under a Gift Aid agreement so the trustees work closely with the directors to try and ensure the company is profitable. this ensuring extra income for the charity. Trustee vacancies are advertised and interested parties are asked to apply in writing. Interviews will be held and suitable candidates are then nolified to their nominating body being either CISWO, Trade Union or members. The trustee board is made up of equal numbers of each nominating body. Financlal Review The charity showed a deficit of £6,63312023.' deficit £9,563) for the year. This is largely due to a decrease maintenance costs. The connected social club has maintained profitability but with only £186 being available as gift aid income. On the whole the trustees are satisfied with the results for the year and hope for improvements in the coming year. Revi•w of Actlvltie8 There is no doubt that this report should be entitled 'New Blood" because there have been many changes over the last 12 months. Befo￿ talking about the changes though, we must pay tribute and thank those people who have given many years of service to the dub and their contributions have been ihe backbone and stability of the Wetfare Club. Robert Wale was bar direGtorllrustee for many years. likev•￿se the treasurer MiGk HaytaGk has also decided to step down after many years service and last, but ￿rtainlY not least after over 20 years Kath Lester also decided it was time to relinquish herjob as cleaner at the club: a job she always did wth such pride. In an establishment like this, as one door closes anothef one must open or we don't continue. Lyn Gale joins us as new Treasurer and is already making an impression and bringing new ideas to the table. She is quickly gaining a full understanding of how the club runs and will ￿rtainlY be a great asset. MOIRA IIINERS. TI￿LFARE TRUST REPORT OF THE STEES FOR R ENDED 31 MARC CONTINUED Revi8w of Actlvldes leont) There is no doubl th41 the dediratson and enlhjslasm of bar rnanager. James Bodel. Is Infectlous nol tsnty in attradirKJ new bal staff btrt also aitracling new members and introduung new adivitw lo the ￿b. The tranSfo￿allon in the ksl six io monlhs 15 s1w3￿[Vj. dub 15 open seven days a V•*ek arKS Nicludes new darts and domb)oes team5. Food Is also sèrved Fthjay Ihrowjh to Sunday aThJ is provlng very populai. We alw have new regEdar enlertalmienl evenir¥J$. ThE fanla8tic tearn are Anna. Caz. JodLg. Avrfl. N8lhan. Kenle ar#Y Joel. not fonJelUr¥J Sam wtho also low as new bar dire¢ts. We have opened our dcvs lo 8 local WevJht Wal¢hw5 group wtho meet ev•ry Frbjay #Trj we ￿n￿n￿8 lo be supportive of kKal groups incWirwJ fooiball. (yoyl. over W3 aTrJ ludo. We havv abo relntroduced to Ihe membeo who Can tyay for ftth on our fanlaslic green. Sur#Yay car t¥)ol oythues lo ￿ very popular. Addilionany. ￿ a150 h05t a re9ulaf spot for a 'b*ers" grolw vtho slay for an enltre waekend In Aprfl. The Fa¢ebook Group has a very heamhy 1.3 thtyLsarKI members. an inLYeast ollust under Or￿ thousand frorn th1$ Ilme last y8ar. W¢ ha￿ ￿a￿d thal Ihe rev¢kns ar￿ThI xocial media ond have acted acCO￿ln91y. We undoubtodty contlnue to move foThvarf aTrJ are hcyn9 lo altrad more ¢aravanslcampers lo loin in 2025 The grounds be open to more local Compan￿ lo ho¥1 Iheir amual frjn days. elc.11 18 a perfgct Ye￿￿ lor suth ODXSKMS. Thank you lo Ihe Trustees and our S•￿tary for litaralty bery th¢ bad(bone of Motra Mhws Welfar8 and we look forward lo good Ifm8s ah¢¥d. Inv•stmgnt Pollcy The Iw#lees do nol have an wNe$tnwil polity In place as suth. IknRver. tta¥e taken tho sen81ble ppfoach and place carrled forHard 1S3.208 19,527 1TI,14S 183.778 PKIIRA MINERS. WELFARE TRUST BALANCE SHEET AS AT 31 MARCH 2024 NOTE 2024 2023 IXED ASSETS Tangible fixed assets 143,975 145,728 CURRENT ASS Debtors Cash al bank and In hand Cash held by sectlons 8.599 12.092 20,290 19.527 35.930 40.981 SS: CUR UTIES Creditors falling due within ono year {2.760} (2,931) NET CURRENT ASSETS 33,170 38,050 TOTAL A8seTS LESS CURREt4T UABIUTIES 177,145 183,778 TOTAL NET ASSETS 177,145 183,778 FU General fiJnd Sections - designated funds ReStr￿ed funds 153.208 19,527 4,410 158,448 20.290 5.040 177.145 183.778 The accounts were approved by Ihe trustees and slgned on thelr behalf by.. Signed - Trustee Print Name- Trustsè Date MOIRA MINERS, WELFARE TRUST OT ACCOUNT EAR ENDED 31 MARCH 2024 ACCOUNTING LICIES (a) Basis of preparation and asse99ment of golng coneom The financial ststements have been p￿pared under the historrcal cosl convention and in accordance W￿1h the Statement of Reo)mrnended Practice.. Accounting and Reporting ty Charities (FRS 102) and the Financid Reportin9 Standard {FRS 1021 and the Charlttes Act2011. The truste8s consider that there are no makn'* w￿rtaIntleS aL¥Jut the ¢*arfty$ atxllty lo contlnue as a goiThJ concffin. The trustees have a reasonable expe¢tstion Ihat the tharity has adequate reseryes to rA)nlinue in operational existance for the forgseeable future. Accordingly. the trustees continue lo adopt the goiThJ concem basls in the preparatson of Ihe accounts. Ibl DeprKlatlon Deweclatlonls provided on tangitle fixed assets. after taking a￿thin1 of any grants receivable, In order to wyile off the ¢osl of each asset over bts esb'mated usefijl lrfe The annual rates applled are as follows. Bulldlngs Furniture and equipment Preparation of grounds Grounds equipment Secudty barriers 10% raduang balance ba81$ Nll 2¢yh rethJar¥J balan￿ bass 10% straight Iln8 basis {e) Income Recognltlon Incr￿e is recognised when it 18 re¢elved. (d) Expendlturn RaeognKlon Uabilltles are reccgnised as expendiiure as soon as Ihere is a legal ¢x ¢onstrudlve 0￿19atIon committlng the charity to that expendihffe. it is probable the sethement will be required arKI the amount of the obl1g*1￿ Can be measured rellably. All expenditure is accounted for on an xcruals basis. MOIRA AqINERS' WELFARE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Furnlture & ui Grounds Bulldln roun 2. Fl EDAS ET Net book value at 1 April 2023 68.765 3.299 67.933 5.731 145,728 Additions ￿ year Disposals in year 68,765 3.299 67.933 5.731 145,728 Depredatlon for the year (527> (630) {596) (1,753) Net book value at 31 March 2024 68.765 2.772 67,303 5,135 143,975 202 2023 3. DEBTORS Balance due from Moira Sports & Social Club Ltd Prepaymenty and ac¢rued income Other debto 6.373 2,196 6,117 2.054 428 9.435 8.599 H AT BANK AND IN HAND Current account Deposit a￿ount Petty cash 2,992 9,024 76 8.677 290 6.968 12,092 5. CREDITORS: Amounts fallln due wlthln one Trade ¢redltor8 other creditors Acuuals 975 60 1.896 80 2,700 2,760 2,931 6. DESI lan BIF 50 Plus Club Croquet Club 16. 4.226 401 7,811 (1.300) 17,675) 15,165 4.362 20.290 8.975 19,527 MOIRA MINERS. WELFAR TRU SO PLUS CLUB - YEAR ENDED 31 MARCH 20 2024 2023 INCOME Mom￿r$hiP fees Sodal nlghts Bonus Ball 41 152 41 212 401 437 PENDIT Outlngs Donations Soclal nlghts fvllscellaneou8 1,1iY) 1,710 150 (1.31x1) {1,9C(I) {DEFICITI FOR THE YEAR {899) (1.463) Cash at bank and in hand brtyjghl foThvard 16.064 17,527 Cash at bank and In hand cathed forward 15,165 16.084 MOIRA MINERS, WELFARE TRUST CRO B ACCOUNTS - YEAR ENDED 31 MARCH 2024 2024 INCOME Subscriptions Competition entries Grant- Mercia Park Taster session proceeds Quizlsocial evening pro(￿dS Lawn hire Sponsorship Donations and gift aid repayment 8ank interest Other InGcrfne Unidentified movement 4,752 4,402 1.053 4.922 625 105 148 100 1,396 21 70 448 81 372 1251) 7.811 12.785 EXPENDITURE Groundsman seryices Lawn maintenance and development Machinery purchases less sales Croquet playing equlpment and repairs Memorfal., bench Subscriptions and cornpetitlon fees Trophieslengraving Other expenses 2,720 3.715 2.268 614 651 1.315 127 754 1.318 1c6 (7,675) (11.474) SURPLUS FOR THE YEAR 136 1,311 Cash at bank and in hand brought lor¥Yard 4,226 2.915 Cash at bank and In hand carrl•d fofwafd 4,362 4.226 10