REGTSTERED CHARrrY NUMBEIL. 522184 Report of the Trusteu Rlld Uuudlted StRtements for the Ymr Ethdcd 31 2024 ror BeJtWOod MIDerJl Welfare Trdln# a8 Bostwood Mlners, Welfare In•thut¢ And R•¢rttlon Ground STnith Cook50 CTh8rtered Accuuntants 4 Y(Jrke Str¢el Hucknall Nottin8hainshirc NG15 7BT
Be5twood Iners. WtlfAre Tr2dln% as Be%twood Mintrsi WeJfAre Instltute And Recreatitsk Gr(tyund Report ofthe Trnstees lor the Year Ellded 31 Juty 2024 The trustees present theiT report with the financial 8tstenMts of the cbArity for the Ye cndod 31 July 2024. The tnthccs have odopted the provisions of A¢c¢Junting and R¢porting by Chariiics". SÉ8tern¢nl of Recom0ded PfaCiiL"c applicable to ¢lwiiiL¥ prLT*arins their accounLS irj accordance with thc Fin11 R¢portin8 SLandard &pplicabl¢ in thc UK and Republic of Tr¢l4nd (FRS 102) (efftctsve l Jar¢uary 2019). SI,RUCTu GOVEKTYAliCE AND MANAGEMENT Gnvernlll% document The d)ariry is controlled by its ¥ovcrnin8 doeumoni a detd of trusi and constitutes ah unin¢erpor4t¢4 Gbarity. Regtst¢rvd Chxrity oumb¢r 522184 Prlxclpll dresS Bestwoad Min¢r8' Wclf4re Park R¢)ad Bestwood Vilia8e Nouinghwhire NG6 8TQ S Milncr D T Willert8 G H Wbyatt Mrs R B F.Ilii Independent #ThIner Smith Cookson 4 Yorke Sty¢et Hucknall NG15 YBT Approv¢d by order of tho board oftru$trcs on... H Whyatt- Trnee P&g¢ I
Bestwood Miners Welfare Institute & Recreational Grounds Registered Chartty No.522184 Trustees Annual Report for 1 August 2023 31 July 2024 The Bestwood Miner8 Welfare Tru8tees report that ivs been a positive year for the charity with more groups joining us increasing the Uf•age of all our facilities. We sport a great k,5 football team who have won every cup they have played for, this has gNen them a step up in the league and they are playing above this league and even win these matches, 2 of the players have been picked up by academies and they are doing well there. We also have another 4 teams who are all doing well. We have also started the prOs8 of getting the FA in for pltch improvement8, new pavillon and a 5G pitch with flood lighting, to give the kids Somewhere to play in the winter period, The Karate are doing well, along with the Bras8 band and Bowling Club. There are more small groups using the areas which brings to the welfare more things for people to join in with, kids dancing, male voice choir, knit & natter, Craft group, sewing group, along with our warm hub which gives out free food, and we have th8 local (x)uncil in helping people with all matters to do wrth the council, and benefrt help. Hires are up and this brings in much needed funding for the charity, the bar areas are also booked out and busy, giving the communty a place to meet friends, have family events and private bookings. On a harder 8ide is the costs for utllities, which take a large portion of our hard worked for funds. The buildings are getting older and need more restoration, of which we are working on grants to howfully help address these worf(s.
Indepelldent ExaDdu¢r's Rert to th¢ Trusttts of Beslwood Ml•ersl Welfgr¢ lJdepeDdtnt 4th1¢r.# report to th¢ ITtert o(Bestwood Mfners. Welf•re I rcport to the ¢hariLy tru5tc¥s ou my exaEnination of tbc accounts of Bestwood Mill¢rs' W¢lfare (the Trust) for the y ended 31 Juty 2024. Reyindbllltles and ba¥18 •( rep•rt As th¢ ¢tiariry trwteeg of the Tn you arr r041bk for the prcparats.on of thc a¢couots io K¢ord8nce with the requirfflients of the Ckwiti¢s Ac¢ 2011 ('thc A¢n. I ryrt in rttwct of my examinalion of th¢ Tnwvs a¢¢ounts c8nt¢d out under StiOn 145 of the Act and in carryin8 oul Iiiy ¢xwninotioft I have followcd all 4pplicabl¢ DTT¢¢tionL4 givell by the Charity Commisslon uudeT Secuon 145{5J(b) of th¢ Act. Indeptndejt tx*mlneT'i tht•nbthl I have cofftpleled my examination. I confinD that no maierial matters have ome to my attrntion in conncction with the examinarion giving me cau8e EO belfteve that itt any material r¢spe¢t: a¥xountill8 rOrdS wtr¢ not kept in reyt of th¢ Tn1 as required by Se<tion 130 of the A¢L' or th¢ 8cwunts do not a¢¢ord with those records. nr the K¢ount8 do not ¢omply with the 8ppITcabl¢ ryuircments ¢ODcerning Ihe forni and ¢onlcnt of aCcoES bci out in the Charities (Accounts and Repoffsl R¢gulations 2008 othet than any r¢quiTcment that thc accounts 8iv¢ a trn¢ and fair vitw wbicb 16 not & 11)8tter wnsid¢reAI as part of an depelldenl cxaminattoo. I have no concerns aDd have ¢ome across llo odJ¢r matters in conncrtion with the exaEnination to which attention 8hould be drnvm ift thi& Trport in order to cnable a proper urMl¢rsfanding of the accounrs to be rh¢d. l Dutton MA{hons) FCA The Institute of Chartered Accountr in England gJMI Wales 8rnith Cookson chart¢T Accountants 4 Yorkc Strect Huthiall Nottingballthi NG15 7BT 29 April 2025 Page 2
BestwoDd Miner5, Weire dlnE Is Beshwood Mlttern, WcifAre Inslitule Jknd Recreatlojj GrouDd statenI of RnantiAI A¢tfvldes tor the Yr Eoded 31 .Tuly 2024 31.7.24 Totsl fidS 31.7 Totsl Unrestricted fi Re9tricted fid INCOME APID ENDOWKETrITS FROM Donations and1¢8acies 23.470 23,470 18.177 12,018 12.018 28J14 Totsl 35,488 35,488 46.491 76.051 76.051 92.901 NET INCOMEI{ETrkThDfTURE) (40,563) (40J63) (46,410) REcONCAT[N OF FUNJ)S "I'otol fu#ds brou8hL f¢)rThTrd 231.6t14 323,658 555.262 601.672 TOTAL FUliDS CARRtED FORWARD 191,041 323.658 514,699 555262 The notes form part of t)se fiD8llci81 ststemffiTS Page 3
Bmtwotsd MiDer5' Welfare Tradkng 45 Bestwood MiDery' Wcifr¢ Instithte Axd Rttreadoll Ground BalallLe Sheet 31 July 2024 3L.7.24 31.723 Total runds ufjresttled ful Re8triCted fi)lld& No(¢s FIXED ssETs TEllble asse 155,533 323,658 479.191 497,656 CURREwf A&gETS D¢btOTS Cash at bank 7236 29,022 7236 29.022 16,079 42277 36258 36258 CREDoRs (750) 1750) {750) NET CURRF.pTr ASSFTS -35.5(J8 3&508 57.606 TOTAI. ASSF.TS I,F.SS CURRF.I%T 191,041 323,658 514,699 555,262 ASSETS 191,041 323,658 514.699 555,262 FUIIDS Unr&qtrictrd fiJndA Rcstricted fimds 191,n41 323,658 231,604 323.658 TIYFAL FUNDS 514.699 555.262 The fLnatKiai stAtem¢nts We approved by thc Board of Trnttcs and suthoriy£d for R•.Q...f.i.k2fftts.. Sig on its beIEfby'. GHWhyJtt.Tn Page 4
Btw0nd Mlner8' Wellare Tradfing * Bestwood MiRers' Wtlfare Tn$tltutt Re¢Ye#tion Groulld otes to tbe Fftna•el$l StAlemL'nts for the Ye#r Euded 31 Juty 21124 AccouYfiNG POLICIES Ba51s of prerIllI tthe Ilnn¢1218tatements The finaucial btyt¢ments of the chlty, Ykni¢h is a p¥bli¢ bcncfii ¢lltiiy und¢r FRS 102. hav¢ be prepared i accordance wilh the Chftrittes SORP (FRS 102) 'A¢¢ounting and Repofting by Chariti¢$.' Statement of Rollded Pracitce &pplt¢able to ehuitie% prcFwing their accounts in a¢cordaDce with the FiD&nciat Rortillg SlalldArd 4ppli¢&blL in tbc LfK 8nd Rcpubli¢ of treland (nis 102) (Cflixttve l January 2UIY)'. Fittaucial R¢polti Standard 102 Tre Fin8n¢i81 Rcporting Stststrd &ppiicable in thc UK and Republic of I]and, and Ihc LTrarities A¢t 2011. Tbe finauciai statemettts have bem prepared under th¢ hi8tori¢al cost coov¢DtiOD. Income All income is rgnIsd ID the Si8tement of FIn4ne1 Activities onee the chwity has rntidem¢Dt to the fund& it is probabl¢ that thc inconx will b¢ J¢c¢ived and an¥)unt call be mcawed reliably. Expendltwre I,inbilttisg arr rcro8uised as expenditure 8 5¢)oll as is a legal or ¢oDslnictive obligation ¢ornmiuin¥ th¢ charity to that expendilurc, it is probablc that a transfer of econorniL bLnefits 11 be required ill settle0 and the amount of the obligation can be trKaswed reliably. Expendiwr¢ 18 8C¢OUllt¢d for on an 2¢mwls basis and ha5 beEn Classified undeT headin th aggr•8at¢ all cost related w thc category. Where costs c8n)wt be direcily attribuL&l to partI14r headings they have been Allo¢&ted to arfivitie8 on R b4518 ¢onsTstent vrith the we of Tnb]e Ilxed Assets D¢prcciauon is provided 8r Ihe following aDnual rdtes in wd¢r ¢0 write off each asset over its estimakd useful lif¢. T#xtlon Thc cbArty is exempt from tax on ils Lharitable #¢trviti¢s, Fund ¢¢ounilx8 Unrestriered fimds can b¢ used in accordance with Charitsblè Objecti &1 th¢ dIretitin of the trnste Restricted funds cort onty bc u8cd for particular rc8tricted Purposcs wtthin thc objècts r)f the charity. Rc8tti¢tiODS Is¢ specified by the do))OT or when funds are rnised fur particular restrictrd pp¢s. Furthw eXplanlon of the njrure and purpose tsf wh fund is includcd in the no(vJ ty the finan¢i41 INVESTMENT TNCOME 31.7.24 31.7,23 Rents re¢eived Iiivoltment IOme 11.798 220 28,202 112 12,018 28,314 Pa8¢ 5 lltiDU...
Bestwood Mlllers, Welf* Trading #J Besttyood n¢T, W¢1[e laJtltute Amd Recrewtioll Ground tes to the FIn¢11 Stxtements- contÉnued for the Yeir Ended 31 Juty 2024 TRUSTEES, RLMUNEL4TIOYI AND BENEFrrs' There were no tTugrees' remuntrntion or othcr bcD¢fits for the year ¢ndcd 31 July 2024 nor for the year ¢nded 31 July 2023. TruBtse8' exp¢ll¥#i Thwc iTrrt¢ llo tw¥tces' expen8¢s paid for the ycu ¢nded 31 July 2024 Ir for th¢ yrar ¢nd¢d 31 Juty 2023. COMPARATIVF3 FOR THE STA TEMLYT OF FINLYCIAL ACTIVITILS L'nrL%triCt RcÈtri¢od rlmd Total luDds INCO.ME AND ENDOWMEYI5 FROM Don10$ and IcgMLie¥ 18,177 IA,177 [nV¢8tmc income 28.314 211.314 Total 46,491 46.491 EXPENDITURE ON R2ising fimdg 92.901 92901 liRT INCOMFJ(EXPRNDrrL'RE) (46,410) (46,410> RECONCIUATJON OF FUNDS Totsl funds broughi fonvard 278,014 323.658 601.672 TOTAL FUNDS CARRIKD VORWARD 231,604 323.658 555,262 Pag¢ 6
BthoDd Mthers, Ivelfarc lTr&dlnz as Bethood Mlners, Welf4re lllsdtste And RecrpAÉAoll cr1md NoÉes Its the Fthalld StiteiiieAts- eontlnued ror the Year Ended 31 July 2D24 TANGIBLE FIXED Assrrs Fixtiires Fre¢liold Totals COK[ At l August 2023 Additio]L4 823,853 26,365 635 850.218 635 At 31 July 2024 823.853 27,1)00 850,853 DEPREaATION AL l August 2023 char for ycar 337,964 16.5IXI 14598 351562 19.100 At 31 July 2024 354.404 17.198 371.662 NET BCK)K VALUE At31 July 2024 469,389 9.1102 479,191 Ai 31 July 2n23 485,889 11.767 497.656 DRBTOR8: AMOUW15 FALLlh"G fJuE WITH ONE ITAR 31,7.24 31.7.23 Trgde debrors Welfare Public Howe LitThted 2J811 4,848 13,619 7.236 16.079 CREDTTORS.. AMOUL¥15 FAIL114G DUE rRIN ONE YEAR 31.7.24 31.7.23 Other creditors 750 750 MOVEMENT 114 FUNDS Tel llK>vemcot in fund6 Ai 31.724 At 1.8.23 Unrdtrleted futsd* GernI fund 231,604 (40.563) l91,041 Rdtri¢ted tuods 323,658 323,658 TOTAI, FUNDS 555,262 (40,563) 514.699 Pay7 continue&..
Bestsv¢d MJMM, Welfare Tradlllg AS Btstwood MEllers' Wdfar¢ Inrtllute A•d RecrratlQD Gro¥nd Not¢s to the FIMn¢lAI StAtsments- LolldDued for the Year Ellded 31 Juty 2024 MOVEMENT I¥ FUNDS. ooBthved 'el movem in fuDd4 Attdudtrj itt the above ore 48 follows: Incoming [(urleS Resources Mov¢mcnt Gwended in fjjnds Unrestrlet¢d (uts Generti fund 35,488 (76,051) (40.563) TOTAL FUhlK8 35,4¥8 (76.051) (40.563) Conwritlve• for movement In fynds movement in fijnds At 31.7.23 At 1.8,22 Unre8trlcted fond$ Ger[ fund 278,014 (46,41Q) 231,604 Rutrl¢ted 323,658 323.658 TOTAL FUNDS 601,672 (46,410) 555,262 CoDwarative net trthement in includgj in the above are as follows.. ¢(Nnin¥ resources R¢sOur6 ML)vuneni exp¢ndcd in fimd¥ Unrertrlctéd lunds G¢ner81 fund 46,491 (92,901) (46,410) TOTAI, IPUNDS 46,491 (92,901) (46,4JO) Pase 8 ¢on¢in¥...
B4¥tWO(Kl Mlner&' M'df8re Tradillg •$ BestWODd Miners, W¢JIar¢ In$tithtc And RecreAdory Ground Notes to the Fln•nd)I StsttlDeni*- CODtluued for the Year Ended 31 Jul). 2024 MOVEMEKf FUNDS . ¢olltinued A Current year 12 months 8ttd prior yetr 12 monthb Coll10¢d position is as follows.. Net mOVCllLI At 31.724 At 1.8.22 UDrestrfetcd fuDth 278,014 (86,973) 191,041 R¢Jtrl¢ted fundi Oth¢r 323.658 323.658 TOTAL FUNDS 601.672 (86.973) 514.699 A Cent ye8r 12 llLonth6 and prior year 12 ns)ntlL8 combined net mt>vetrMt in included in th¢ dbov¢ Mre Incoming Re8Otwc exp¢iided Movcment infu UnM$trlded lundj 81,979 (168J52) {86.973) TOTAL ViINDS 111979 (168.952) (86,973) RFLATF.D PARTY DISCLOSURES Th¢ Welfare Public Ho)Jsc Limitcd, a con4)any re8isierrd in En8laod, with llutnber 13301132 ili u ¢ompany limiied by 8uarnit¢e without a share witsl. The sul¢ Cur7[ dirnLtor, D T WiJl¢tts. is a trustee ot. th¢ charity and hw been apInt by the charity. At 31tst July 2024 The Welfar6. Public SIOU LImiled owed the chArity £4.84¥. Pag¢ 9