LYNEMOUTH MINERS WELFARE INSTITUTE ANNUAL REPORT AND ACCOUNTS Year ended 28 February 2022 ## **LYNEMOUTH MINERS WELFARE INSTITUTE** **Year ended 28 February 2022** **Charity number** 522087 **Company number** 2688255 **Address** Bridge Road Lynemouth Morpeth Northumberland ## **Trustees and management** C Bennett **Trustee** S Williamson **Trustee** B Grisdale **Trustee** A Turnbull **Chair** S Kennedy R Swinburn **Secretary** D Johnson **Accountants** McCready Page 511 Durham Road Low Fell Gateshead Tyne & Wear NE9 5EY **Bankers** TSB Newgate Street Morpeth Northumberland ## **LYNEMOUTH MINERS WELFARE INSTITUTE 1** ## **REPORT OF THE MANAGEMENT COMMITTEE** ## **Year ended 28 February 2022** The management committee present their report and the accounts for both the charity and the company for the year ended 28 February 2022. The following served on the management committee during the year C Bennett S Kennedy S Williamson B Grisdale R Swinburne A Turnbull Once again this has been another difficult year, not just for us but the industry in general. With the reopening of facilities since lockdown we have seen a slow return of members and the groups which used to use our facilities. The Main groups such as Tai-Chi, Power hoop, Weightwatchers and the Dancing school have either disbanded or found other facilities. We are hoping to increase the activities and associations with other groups as time moves on. Since losing the Stewards position the secretary has been covering most of his duties which has decreased the wage bill considerably, some tough times lay ahead of us with increasing costs from all quarters but with your continued support I’m confident we will get by. We offer our sincere thanks to all our members and staff for their help during the year and bid a fond farewell to Janet Trotter, Dorothy Woollett and Lynn Humble our resident cleaners who all retired in January, Thank you very much for your many years of service, and once again to you the members, for your continued support. We need it now more than ever over the coming months. 16[th] August 2022 ## **LYNEMOUTH MINERS WELFARE INSTITUTE 2 COMPANY ACCOUNTS INCOME AND EXPENSES** ## **Year ended 28 February 2022** |**BAR**
Bar sales
Purchases
**Gross proft**
**Other income**
Covid-19 grants
Brewery discounts
Other income
Fruit/Lotto
machine
Pool table
Juke box
Snooker table
Bingo and domino
cards
Key club
Subscriptions
**Overheads**
Wages and NIC
Pension
Stocktaker
Rent and water
Repairs|**£**
**30,66**
**4**
**4,441**
**1,196**
**4,916**
**771**
**30**
**357**
**6,260**
**2,870**
**804**|**2022**
**£**
**91,58**
**9**
**41,25**
**5**|_£_
_43,312_
_-_
_6,294_
_178_
_37_
_151_
_444_
_-_
_242_|_2021_
_£_
_39,933_
_22,992_| |---|---|---|---|---| |||**50,33**
**4**
**52,30**
**9**||_16,941_
_50,658_| ||**42,51**
**5**
**184**
**500**
**974**
**6,107**||_63,481_
_368_
_300_
_1,083_
_3,224_|| |||**102,6**
**43**||_67,599_| |Heat and light
Cleaning
Postage
and
telephone
Printing
Sundry
Accountancy
Legal
Bank charges
Entertainment
PRS and licences
Machine hire
Licence
fee
to
charity
Money to charity
**Surplus for year**|**12,74**
**4**
**2,678**
**2,009**
**1,951**
**2,310**
**2,492**
**1,709**
**460**
**1,360**
**940**
**6,001**
**-**
**-**|**84,93**
**4**|_7,973_
_1,598_
_49_
_608_
_1,704_
_2,156_
_1,037_
_354_
_-_
_157_
_3,952_
_-_
_-_|_88,044_| |---|---|---|---|---| |||||| |||**17,70**
**9**||_(20,445_
_)_| ## **LYNEMOUTH MINERS WELFARE INSTITUTE 3** ## **COMPANY ACCOUNTS** ## **BALANCE SHEET** ## **Year ended 28 February 2022** |**Current assets**
Stock
Prepayments
VAT
Cash in bank and in
hand
**Creditors-due in**
**one year**
Trade creditors
Brewery loan
PAYE and NIC
Due to charity
Accrued expenses
**Net liabilities**
**Proft and loss**
**account**|**£**
**-**
**8,510**
**98**
**13,867**
**1,443**|**2022**
**£**
**4,600**
**704**
**1,373**
**14,505**|_£_
_-_
_-_
_-_
_29,695_
_1,055_|_2021_
_£_
_-_
_875_
_393_
_9,037_| |---|---|---|---|---| |||**21,182**
**23,918**||_10,305_
_30,750_| |||||| |||**(2,736)**||_(20,445)_| |||**(2,736)**||_(20,445)_| ## **LYNEMOUTH MINERS WELFARE INSTITUTE 4** ## **CHARITY ACCOUNTS INCOME AND EXPENSES Year ended 28 February 2022** |**Incoming resources**
Income from company
Rent from company
Interest received
Gain on investment
Room hire and donations received
National Lottery
Covid-19 grant
**Total charity income**
**Resources expended**
Insurance
Donations
Children’s activities
Grant amendment
Repairs
National Lottery expenditure
Accountancy
**Total expenses**
Net (defcit)/suplus
**Balance at 1 March 2021**
**Balance at 28 February 2022**|**2022**
_2021_
**£**
_£_
**-**
_-_
**-**
_-_
**57**
_159_
**6,780**
_3,124_
**7,073**
_6,749_
**13,718**
_30,912_
**-**
_25,000_| |---|---| ||**27,628**
_65,944_| ||**3,208**
_2,553_
**-**
_-_
**840**
_536_
**10,000**
_-_
**15,813**
_-_
**34,497**
_35,182_
**500**
_500_| ||**64,858**
_38,771_| ||**(37,230**
**)**
_27,173_
**162,96**
**4**
_135,791_| ||**125,73**
**4**
_162,964_| ## **LYNEMOUTH MINERS WELFARE INSTITUTE 5 CHARITY ACCOUNTS** ## **Year ended 28 February 2022** |**BALANCE SHEET**|Not|**2022**|_2021_| |---|---|---|---| ||e||| |||**£**|_£_| |**Current assets**|||| |Prudential Bond||**95,62**|_88,843_| |||**3**|| |Due from company||**13,86**|_29,695_| |||**7**|| |Grant receivable||**-**|_13,998_| |Prepaid insurance||**2,456**|_1,980_| |Cash at bank and in|(2)|**19,45**|_34,893_| |hand||**0**|| |||**131,3**|_169,40_| |||**96**|_9_| |**Creditors – in one**|(3)|**5,662**|_6,445_| |**year**|||| |**Total net assets**||**125,7**|_162,96_| |||**34**|_4_| |**Funds**||**125,7**|_162,96_| |||**34**|_4_| ## **LYNEMOUTH MINERS WELFARE INSTITUTE 6** ## **NOTES TO THE ACCOUNTS** ## **Year ended 28 February 2022** ## **1 Accounting Policies** ## Accounting convention The accounts have been prepared under the historical cost convention. ## Charity accounts The accounts of the charity have been prepared on an accruals basis. ## **2 Cash at bank and in hand** |**2**
**Cash at bank and in hand**|| |---|---| |Leek Club
Charity’s funds
**3**
**Charity’s creditors**
Leek Club|**£**
**5,662**
**13,78**
**8**| ||**19,45**
**0**| ||**£**
**5,662**|