CHAIUTY NUMBER: 522026 ASHINCTON JOINT WELFARE SCHEME ACCOUNI'S 2025
ASHINGTON JOtNT WELFARE SCHEME Charity No.. 522026 RF,PORT AND FINANCIAI. STATF.MENTS for tlie year ended 31 March 2025 PEEK PRACTICE LTD Amble Northumberland
ASHINGTON JOJP4T WELFARE SCHEME CONTENTS Page Legal and Admlnistra¢ive Informatlon Report tyf the Tyustees Independent AL¢(bunt#nt's Report Stattment ofFlnanclal ALtlvltles 9-10 B4lxnce Sbeet Notes t¢) the Aceuunts
ASHINGTON JOINT WELFARE SCHEME LEGAL AND ADMINISTRATIVE INFORMA TION INCORPORATION.. The company was OriginlY formed on 6 April 1966 by tnjstee deed from the Natiot)81 Coal Board, and the scheme goveining the company was ameftded on 6 January 2005. The C]iarity Registered number is 522026. OFFICERS.. J Lavery M Fittoii K Trebsllcock G Balai)Le GS Bcll JC Wiggett Mrs W Taylor Mrs M Taylor (ChaiFn?&n} (Vice Chaii'man) sEcRTARy.. J Dunn RECJISTEREI) OFFTCE- Hirst WL.Ifdrc Cei)tre Alexancli'u Jload Ashin¥ton Noi'tliumberland NF63 9HF ACCOUNTANTS.. Pcck Practice Lid 4 Briclge Street Amljle Nortliumbcrland Nf.65 ODR BANKERS.. Co-nperativc Bai)k 131-135 Northumberland Sirccl New¢a4tl¢ upott Tync NEI 7AG
ASHINGTON JOINT WELFARE SCHEME REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The management Ttustees thcir annual rq)ort and fll)anci&l ststemcnts for the year ended 31 M&rch 2025. SttuclrC Govcimance and Management Guveynlng Document Tlie ti'ustees havL adopted provisionq of the StAtenienl of Recominended PrA¢li¢e, Accounting and Reporiing by prepaTing their acLoiinLq iii a¢cordanec with the binanLial R¢poYtii)g Standai'd applicable in the UK and Republic of Ireland IFRS 102}and with the Charities Act 2011. Ri'Lrultment and Appolntment of Managem¢nt Commlttee Ui)der the requircmcnts of ili¢ M¢inordnduill and Articles of Asso¢ialion ihe Tiustces are ¢le¢t¢d to 5eive for a period of four ye¥r4 three or one year if J)ominated and alfiliated al the Anniial GLnLral MILlhng. The organisarion's main areaA of ini¢r¢sl are balanced and ref]ect¢d in tbe diversity of tli¢ tn]stees. Where particulaT skill¥ arc TfqUiTcd to complemtnt existin Iru51¢cs skillb, individwilb dT¢ SIPPTOaLhed to oft¢i' tliemselves for eleciion ro the board of Tru.stees. Trustees InductlDn and TrJlnlnK TTUStecs PiirtukL iii an infnrmal induLliun covering iulLS and i'¢sponsibililits of Lxi%liny th'uslLLs and thcin4clvcs. the stnicture of ihc orsyanisation aiid kcy partners. ThiN is imilalLd by th¢ S¢crcldiy of the TTU.4tees. New TruItee receivc a tn181ee's nnminAtion lonn from Ihc Coal Industhy Social Weltai'c Organifalion (CISWO) asking for d¢tAils of dicInsclves llnd d hisloiy ol. their Lmployinenl. A registei. is kLpi by the Tnist and minllled. Cliariry Comniissioii docLimcnts issued to tl)c Iiu%tees include U,qeful Guid¢line.8 TnJst¢&q R¢sponsibililic.s tilld the Essential Ttu%lc¢ whuL you need lo kjiow. Chari(y CoiMmissiut] Ncw.% L(IPiC.8 drc disli'ibuled whLll r'¢ived. Rlsk Management The Ttustees need (o Li)ndu¢t a review ofihL illajor risks to wliich the cliarily is expoK,d und establish a risk i'egister io bL uwlaled aniiually. Whilst tlie Inajority of risk& in Ilie pa¥t Iidve related to tl)¢ OP¢l'alioii o)f Hirst Welfaie Ccnlre, the trnsl¢¥s will continuc lo woi'k with Active Noi'thun)bLI'laiid on preparing and I'¢viewing an nIla1 risk i'LgJlbtcr relating l(} the day ro day operational rnnning of thc centi'e. Tlie trustees continue to review all policie8 and proccdures on an onnual basis. OrganlsAtlon Slrutture A%hinbiion Joint W¢lt3re Scheme operates with & bo4J'd of 7 trustces, who nieet on a quarterly basis. At present all Inenibets are frorn a variety of bM¢kgrounds relevant to the work of the Charity. There is a facilRty to Co-opt twcp further truslc¢s if the remaining truste¢s d¢termitie that it would be in the interests of the ¢barity to do so. A scheme of delegation is in place. with a t1¢¢5 sub-committee ¢ompi'ising of the Chair. Vtce-chair, Secretaiy aiid 3 other trustees who hav¢ delegated authority to inv¢sligat¢ ptiCUlar issues/ inler¢sls and make decisions where r¢quir¢d ahead of fiill trustees m¢¢tillgs. (2)
ASHJNGTON JOtNT WELFARE SCHEME REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 hL4RCH 2025 Related Parties In so far as it is complimentary to the Charity's objccts, the charity is guided by local. Tegional and national policyi and of th¢ trust¢¢s, three shall be appointed by the National Union of Mintworkers INoi'thumberland Area) and three shall be appointed by CISWO. ObJectlv¢s Attlvltles The object of tl)e cliariry is'.- The provision of a social w¢lfare centre for tlie benefit of the inhabitants (and in paru¢ular, bur not ¢x¢liisiv¢ly, su¢h ol th¢ said iJ)hahilani% as arc mcmber5 the mining ¢ommiinily} ()f thc Mr¢u of bcnetit without distil)Clion of political. religious or oth¥r upiuions with the object of improvin¥ thL Londilioi)s uf life for the said inhabitants. Overview for the Y¢Ar The year under review Inarks a new beginning foi. Ashington Joint W¥lfJre SLheme as14irst Wclfare Centre rettii'ncd to du'cct chai'iry managiement in Api'il 2024. Thi,% transition represented bnth a symbolic and practical stLP forward, i'estoring lo¢al ¢hai'itablL LollLI'ol reatfirmiiig our foundtn8 puipos¢ ofr. serving th¢ community of As1]inuLun und ils surrounding ar¢as. TlJ¢ Irusl¢e% #re pleased to report that tl)i8 tirst year baLk und¢r dir¢ct munu¥cment has been onc of gruwtk, i'Lc,onnL'Ltioii and iL'nuwLd purpos¢. Pai'ti¢ipation in dLiivIIi¢5 Within the CLntrL hdb increased by murL than IOUO/o, reflecting the impact of a str¢ngth¢ncd f(Icus on conimunity en¥agement and ii)¢Iusion. Cvrnmunlty F.n%a¥ernLnt Activlty Tlie Ceiitre has i-e-cstablisliLd ilsclf as a Lentral hiib for hcalth, wellbeing and Social connection. pai'ti¢ulnrly viial in A loctLliry thai ¢onliJlULb to IIILL cLononiic and soeiiil Lliallenges. Mai)y rcbi(ILnts experience the pr¢.$8ui'e,4 aqsociated with highcr Icvcls of deprivation. and tlie Centre plays ttn iinportJni rnle in providing 4¢L¢SS to r¢ffurdablc scrviccs, support networks, dnd (TrpporMnzlics for pcrsonal and community development A%hinglon's populalion is becoming increasingly divcrse. bringing new pcrspLclives, culture.1 and streiigths Èo the town. The Cei)trc'% inLlu.4ivc ttppro2¢h ¢nsui'cs everyone, whalevcr ili¢ir biiLkbFfoLind, fLL.Is WLILOIIIL, rL'pi'esented and 2ble to parliL Tpdic commLinity lifL. Fly doing 80, 14ir81 W¢ltar¢ ¢ontirLues to serve as a LataJy%t for community coh¢siun. h¢lpin8 to build TelatiLinships across genLI'ations, backgrounds and experieiices. We have eiigagcd l)eavily with IoLal rcsidenLs nd organisaÈion,%, ho,%tin8 a widt rangc of impactfijl partnciE delivei-in¥ Services in areas SULh & publiL hLdlth, employability, cdiication, fili)e.qs ond bo¢ial integration. Our pai'tnershipl now include Newcastle United Foundation, Noitliumb¢rland Commiinilies Togethei., Coalfi¢ld% Rcgcnoratiun Trust, Talking Marras, and Parkhead und Wansbe¢k Powci'%ports Club, among oth¥rb. Their pi-e5ence at tlie Centre has strengthened our position as a ttV5ted venue for collaboi'ation, suppot1 and coimmunity deVelopMlL The reopeniftg of the eomniunity caf¢ has b¢¢n a parttcuiar highlight. It has quickly become & valued part of daily life at Hirst Welfare, providing affoi.dable, good quality food and a warni, comff)rtable spa¢¢ for r¢sideiits to m¢¢t. Th¢ ¢af¢ operates not only as a service but as 8 so¢ial anchor, offering a welcoming environinent where friendships fonn, loneliness is i'¢duced, and people from all walks of life come together. The Centre continues to prioritise outreach to tbose who arc most isolated or experiencing disadvantage. ensuring that the b¢nefits of parti¢ip8tion and connection are available to all. Targ¢ied ¢oiiimunily ¢ngagetnent work and partnership projects liave begun Lo extend our reach into barder-to- rcach gi'oups, supporting inclusion and fairness across the ftr¢a.
ASHINGTON JOINT WELFARE SCHEME REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Res onsibilities of the Trustees Charity law requires the Management Comrnittee to pi'epare financial statements for each financial year which give a trne and fair view of the slate of affairs of the eharilable company as al the balance sheet date and of its incoining resources and application of resource.s, including income and expenditure, for the financial year. In preparing these financial statements, th¢ Maiiagement Coinmittee should follow best practice 2nd: Select suitable accounting policies and then apply them consistenily. Observe the methods and principles in the Charity SORP. Stat¢ whether appli¢able accounliiig standards and stat¢m¢nts of re¢omm¢nded practice have been tollow¢d subject to any dLparNres disclosed and explained in the financial stat¢m¢nts; and Preparc the financial statements on the going concern bdbis unless it is inappropriate to assume that the charity will continue in business. Thc Iru5tccs arc rcsp0115ible for keeping prop¢r a¢counling records whicli disclose witl) reasonable accuracy at aiiy time the tinancial position of th¢ charAtabl¢ Lompaiiy aiid to enRbl¢ them to cnsurc tliat thc financial statcmcnts coniply with thc Charities Act 2011, the Charity (Accounts & Rcporls) RrgulaliL)n.$ 2008 and the provisions of the trnst deed. The trustees are dlsi) respon8ibl¢ for .%afeguarding thc assets of the charilable Lompany and henLe for taking re&%onable step% fi?r the PTeventiDn and detcction o*. fraud and uther irregularities. Approved by Ihe"fnL8lee% on 3 October 2025 and .signLd on its behdlf by.. l Lav¢ry MP (5)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OIY THE UNAUDITED F1Tr4ANCIAL STATEMENTS OF ASHINGTON JOINT WELFARE SCHEME Resp¢etive responsibilities of trustees and ¢iamiDer The charity's ttustees are I'esponsible for ihe preparation of tile accounts. The ¢harity'S trustecs consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") (knat an itidependellt exaEninaiioll is ne¢d¢d. It 15 my respoiisibility to: Exaniine the f]naneial statements under section 145 of the Charities Act To follow the proLediii'es Idid d()wn in ihe genetal Direeiions given by tlie Charity Coininission {Imder section 14515llbl of tl)e cli.1t1¢S Act., and To sia(c whethcr particulai. matters have conie to my attention Independent examlker's sto¢ement Your oirention is drawn to ihe lact that th¢ charity has pi'epared the fiii¢incial slalcments iii accorddnce with lh¢ r¢l¢vani v¢rsion ol. th¢ St2t¢m¢nt of R¢¢onun¢nd(xl PJu¢(icc upplicable to charities pi'LPdl'ing their fitjancial sta¢¢1)] in ac¢oidaii¢e with the Pinancial Reporting Standard api?licable in the UK and R¢publiL of Ireland (FKS 102) in preference to the ALLOW)ting und Reporiing by ChariliL&'. StaÉcinenl of rcLoininen(ted PraLIiLe i.%sued on l April 2005 which is rcfcrrcd iu ill tlie eX(t regiilations but has now been withdrawn. l uttderst&ttd illdi ihis lia8 b¢¢n done in ordci. fi)r iliL financial siaieintnts to provid¢ a tN¢ and fair view in accordan¥¢ with UK G¢ncrdlly Accepted ALcounting Pru¥liL¢. I liave coiiii)leted niy exaiiiiiiatioii. I coiifimi rhut 110 niatteiE liaye come la my attailioij 1]? coiinectioii with ihL Lxaniiiialioii uiving ML Lmuse to bclicv¢ IIYdL in SLny iiiaierial i'espeut.. accoui)ling r¢cords wert kepl in re.8pect of the as requircd by seclii)n 130 of the Charilics Aet2011. tlic tindnLial statements do dLLord with thosL recoi'd8,' nr the finuiiLiiII Siatcincnts di) Loinply witli th¢ applieablc rcquircmcnt% concerning the form And conteni of financial bl4temcnt% SLI uut in thc Chariiies (Accounts and Report.%) Regulations 2008 oihcr Ihdn i'lqLiifLIIILnl Ihiii ihL filldncial statements give d IrLIL dnd fair view. wliich 18 noi a n?otter considered as part of an independent ¢xainination. T have no concerns and have coi)ie across no other ntter5 ID conllcc(ion with thc cxamination io whicli attentiDn shoiild be di',Iwn iii ihis report li) order to ¢nablc a proper understanding of thc finai)¢ial statein¢nts to be re8ched. My examination was carriLd oul in accordance wilh Ihi gLnLral Directions given by tlie Cliarity Comn)ission. An ¢xainination ill¢ludes a review of the accounitrtg Itcoi'ds kept by thL Llidrity and a compdrisun of th¥ finan¢ial slaÈim¢nt& presented with those reLOI'ds. It also includes ¢onsid¢ration of &ny unusual it¢nis or dis¢lu%iire% in th¢ financial slutemenls and seekin&J expl£1ll<ltions from the Irustees coiicth'ning any SLILli mattcrs. T]ie pi'ocedures undertak¢n do not prvvid¥ all the evidence that woiild be required in an audit, and cons¢4ii¢ntly no vpinion 18 ¥iven as to whcihci. the financial stateinents present a "tLue and fair view" attd th¢ r¢poTI is limited to those iuatters set out in the statenient below.. (6)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STA TEMENTS OF ASHINGTON JOINT WELFARE SCHEME En connection with my examination, no niatter l)as ¢otTk¢ to my attention wl)ich <Fives n)e reasonable cause to believe that, in any malerial respect. tiie requirements: to keep a¢countillg records in accordance with s¢¢tion 130 of the Charities Act- and to prepare financial statements whicli accoiyi with the accounting r¢cords, ¢omply with the accounting Yequirements of the Charities Act have not been ni¢t' or to which, in my opii)ion. at*Mtioi) should be di'awn in ordei. to enable a proper uiidetTtai)ding of the financial statements to be reached. Mrs P Grahamslaw ACA Peek l)Tactice Lid 4 Bii(Ig# Sircet Amble NE65 ODR Date.. 3 Ocrob¢i' 2025 (7)
ASHINGTON JOINT WELFARE SCHEME STATEMEIYT OF FINANCIAL ACTIVITIES (Includlng Income and Expendlture Account aud StAtement of Total Recognised Galns And sses) FOR THE YEAR ENDED 31 MARCH 2025 NOTES Ui)Irslri¢ted Funds Restricted Funds Total 2025 Total 2024 JNCOMING RESOURCES Ineoming Re.UlLe$ Fro Gepieraied Trmiids Gi'ant in¢oiiie Voluntiiry iiicome 952.928 252,928 Activities For Geryeratin¥ Fuiids Trading operations 227.810 227,Rl O Rentsl inLom¢ 52,000 52,000 OthLr income 54,052 54,052 TO'I"AL INCQMTNG IIESOURCES 333.862 252,9?8 586.790 25.624 RESOURCES EXPENDED C08t ot charitable activities 284.362 25C),496 540,858 11.456 Gov¥ii)allc¢ ¢usls 5,071 5,071 640 TOTAL RESOURCES EXPENDED 289,433 256,496 545,929 12,096 Nf.T MOVEMENT FOR THr, Yr.AR 44,429 (3,568) 40,861 13,528 {8)
ASHINGTON JOINT WELFARE SCHEME BALANCL SHEET AS AT 31 IRCH 2025 NOTES Unrestricted Restri¢t¢d Funds Funds Totsl 2025 Total 2024 i[xED ASSETS 2,124,729 2,124,729 2,162,081 CURRENT ASSETS Debtors Cush #t bank 112,383 29.716 112,383 32,644 370 27,042 2,928 142.099 2.928 145,027 27,412 DEDULT.. creditors du¢ wiihin one year Ci'editors Accrucd churg¢8 9,229 86,065 9,229 86,065 1,350 95,294 95,294 T()TAL A.8SET.S LESS CURRENT LIABILITIE-, 2,171,534 2 1)211 2,174,462 2,188,653 DEDUCT.. Crcclit015 duc aftcr more tlian one year 2,108,029 2,108,U2Y 2.162,081 NET ASSETS 63,505 2,928 66,433 25,572 (9)
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 RESERVES Brought foiivayd Net rnovcnieiit in tlie year 19,076 44,429 6,496 (3.568) 25,572 40,861 12,096 13,528 TOTAL RESERVES CARJUED FORWARD 9 63,505 2,928 66,433 25,572 These accounts have been prepared in aLcordanLe with the Statement of RccumTnLnded Practice, ALLounting and Reporting by preparing their aLLounls in accordaiice wilh Ihe Financial Reporling Standard applicable in the UK and Republic of Ireland {FRS 102) aiid with the Charitics Act 2011. Signed on behalf of the maiiagenient conunitlee on 3 October 2025 l Lavery MP Truslee (io)
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES The principsjl a¢coun(ing policies are siimmarised below. The accounttng poLi¢i¢s have bcen applied consistently throughou( the year Éd in Ltie preceding year. Basis of A¥counting The financial statements have been prepdl'ed und¢r th¢ historical cost convention. "I'he fLnan¢ial statements hav¢ been pr¢par¢d in aLLClI'daiic¢ with tlie Statement of Recomm¢nd¢d Pi'aili¢¢, AL¢uuniing and Reportin¥ hy pi'epai'ing their acLounts in aceoidanL¥ Wlth the Financiul Rcpoitii)g Siandard applicable in the UK and Republic of Ireland IFRS 102) and with the Churitie& Act 2011. Incoming i'ebources All iiicoiniiig resources arc included ii) the Staten)¢nt of Fiu4n¢i4tl Aciivilies when tlie Charity is entitled to the incfinie and the amoiiiit can b¢ qu81)lified with rcasoi)able accw'acy. 'I'he following 5PeCltic poli¢i¢s ar¢ applicd Lo Pdrli¥ular cal¢8oTies of incuine TTadin¥ activitie8 inconie 1.8 recognised whcn thL goods sold and or (h¥ serviLL Is piovided. Grdnl incoine is credited in the year to which il rLlJlLLI wilh the exception of grants which were originally upivcn Lo crLci ihc Ccnli'c itself. These grants 'L dmorti.qed al the sani¢ rdlL d.5 rh¢ Centr¢ aiicl will always I'eflect the I'eniaiiiiiig uiiamoi1ixed balance atiribuicd lo rliL Leiiti'e. Voliinthiy incomL is rcccivcd by way of donatinns and gifts ai)d 1.8 irtcluded in full in the Staieiy)e.ni of FiJ)Ancio1 Activific.s when re.LejVAhle Investment income li inclLided when I'eceivable Re,sour¢es ¢xpended Expcnditurc 18 rccognised wheii a liobility is in¢ui'rid. Funding provided ttwough contrac01 agreeinents &nd pertorniallLL I'Lld(Ld grants w'e r¢¢o8oiz¢d as kFoods or services are supplicd. Oth¢r grailt payni¢nts arc r¢co8nized when a coi)stru¢tivc obligation arise.s that result li) Ihe payment being unavoidable. Costs of generating funds are those costs inLurred in atti'a¢tittg voluntary income, and those in¢iirr¢d in trading activities that rai.%¢ fijnds. Governance eosls include those iiiCUiTed in the governance of its assets and are priinai'ily awciated with constittitional and statutoiy requirements. Support Coscs iii¢lud¢ central fimctions #t]d have been allocated to activity cost categories oll a ba51$ Consistent wilh the use of resources. e.g. allocating office property Costs by floor areas, manageinent and human resources Costs by the numb¢r of staff, and la IT costs by work done.
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 INCOMfNG RESOURCES Unrcstricted Fuiids Restricted Fiinds Totsl 2025 ToÉal ?024 Gi'ant iiicome Lo¢al Government 252.928 252.928 Voluntary income Donations Trddiiig oper¥illOIIS Fooiball dLvLlopnicnt HLaltli and fitness Café CieLI)e 47.678 3%.X30 56.699 84,603 227,810 Rentdl inLVliie Rcni 52,01)0 52,000 Miscellaneous it)come Capital gi'ant r¢le&s¢ 54,052 54,057 25.624 54,052 54,052 25,624 {12)
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE TrTAR ENDED 31 MARCH 2025 RESOURCES EXPENDED Unrestt'icÉ¢d Fiinds Restricted Funds To121 2025 Tolal 2024 Cost of generatill8 funds G¢n¢i'al tunniiig Costs 1,720 1.720 Cost of charitable activitits Dii'ect costs Sta77)T Lusts Liglit and hcui RdLLS dnd wdiL'I' I'atL Teleplioiie Insui'ances Printing clnd &dYertising Postage aiid stationepj Repai15 aiid maintenance Staft'trAv¢l Slaff ii'ainin Coiiii)Lilci- iuniiing bost$ Professional fees Subsci'ipLions Sundiy c%pcnses Depi'ecialion 51,797 79.C?33 40,422 5.362 51,797 329,633 40,422 5,362 193 5.176 459 11,456 ?50,000 5,176 459 1,253 20,199 466 1,739 1,555 6,496 26,695 46() 1,739 1,555 10,711 6,094 2.133 57,169 6,n94 2,133 57,169 284,362 256,496 540,858 11,456 Gov¢i'n4n¢¢ wsts Bank cliarges Accountancy fees 92 4.980 92 4,980 90 5.fjo 5,072 5,072 (13)
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS AND NUMBERS Duiing Il)e financial year the ¢ompany did iiot employ. 2025 2024 Salary and pension costs 329,633 No ert)ployee received wnolunients of inore than £6Q,000 (2024.. Nil} No Trustee received any remunerarion foi. services pi'ovided, nor did any Trustee receive expenses {?024.. Nil) IXP.D ASSETS Llliid aiid Buildings Plant ftnd Equipment EqLiipm¥nt Total Cost at l Apiil 2024 Additions in the y¢ai' Cnpii¢il funding 2,162,081 76.684 (74,6701 2,162,081 99,48fi 179,670) 12,989 {5,000) 9,813 As ar 31 MurLlI 2025 2,164,095 9,1113 2.IXI,1197 Depreciation Ay ut l April 2024 Chai'gc for the y¢ur On disposal 54,060 921 2.188 57,169 As at 31 March 2025 54.060 921 2,188 57,169 Net book value As at 31 March 2025 2,110,035 7.068 7,625 2,124,728 Net book valiie As at 31 March 2024 2,162,081 2,162,081 SUBSIDIARY INVESTMENT Share in subsidiary (141
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 2025 20?4 DEBTORS PrepAyments Amounts owed by subsidiary 676 111,7a2 370 112,384 370 CREDITOIIS.. Amoiints falling due within un¢ year Trade creditors I'i'¢Hsuiy debi A¢LfLicd ¥hai'¥es 9.229 3,527 82,538 1,350 1,.187 CREDITniig.. An)oiii)rs fallii)gi moTe than one year UThamortised capital 2,108.029 2,162,081 STATEMENT OF FUNDS Ail J7 2024 Income Expeiiditur¢ Transfer At 31 March 2025 UNPESTRICTED FUNI)S General reserve De.8i¥nated resci'Ye- Pitches 19,076 333,R62 (289,4331 (30,000) 30,000 33,505 30,000 TOTAL UNRESTRICED FUNDS 19,076 333,862 (289,433) 63,505 RESTRICTED FUNDS Football Foundatio NCC- Transitional Grant Youth Jnvesttnent Fund 6.496 {6.496) 250,tK)0 (250.000} 2,928 2,928 TOTAL RESTRICED FUNDS 6,496 252,928 256.496 2.928 (15)