BASFORD HALL MINERS' WELFARE TRUST
55 Goldcrest Road Cinderhill Nottingham
NG6 8PT
Accounts
for the year ended 31 March 2021
J M Bramley & Co Accountants and Registered Auditor
BASFORD HALL MINERS' WELFARE TRUST
Contents
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independant Examiners's report | 3 |
| Income and expenditure account | 4 - 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 - 8 |
BASFORD HALL MINERS' WELFARE TRUST
Trustees' Annual Report
Legal and Administrative Information
Charity name
Basford Hall Miners' Welfare Trust
Charity Commission reg no: 522202 Financial year beginning on 1 April 2020 Financial year ending on 31 March 2021 Charity's principal address 55 Goldcrest Road Cinderhill Nottingham NG6 8PT
Description of the charity's trusts
Governing document Charity Commission trust deed under section 46 of the Charities Act 1960.
Objects of the charity The club is formed for the promotion of social intercourse and mutual helpfulness, mental and moral improvement, rational recreation and for the support of the charitable activities of Basford Hall Miners' Welfare.
Specific investment powers Surplus sums of cash at anytime belonging to the Charity and not needed for immediate working purposes, can be invested at the discretion of the trustees.
Professional advisors
Bankers National Westminster Bank plc 536 Valley Road Nottingham NG5 1JD Registered auditor J M Bramley 106 Carter Lane Mansfield Notts NG18 3DH
Page 1
BASFORD HALL MINERS' WELFARE TRUST
Trustees' Annual Report
Legal and Administrative Information
Trustees and Governance
Management Committee
The Charity is governed by a Management Committee, comprising of the Trustees and other eligible appointed persons. The Trustees of the Charity at the Balance Sheet date were as follows:
C Bailey A Evans A Donson S Nyikos J Allsopp
Declaration
I declare, in my capacity of charity trustee, that:
-
: the trustees have approved the report above; and
-
: have authorised me to sign it on their behalf.
Signature
Full name Position Date
Page 2
BASFORD HALL MINERS' WELFARE TRUST
Independent Examiner's Report on the Accounts Receipts and Payments Accounts
Report to the trustees/members of BASFORD HALL MINERS' WELFARE TRUST
On accounts for the year ended
31 March 2021
Set out on pages
4-8
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act)) and that an independent examination is needed.
It is my responsibility to:
: examine the accounts (under section 43(3)(a) of the Act);
: follow the procedures laid down in the General directions given by the Charity Commissioners (under section 43(7)(b) of the Act); and
: state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiner's statement
29 November 2021
In connection with my examination, no matter has come to my attention. (1) which gives me reasonable cause to believe that in any material respect the requirements;
: to keep accounting records in accordance with section 41 of the 1993 Act; and
: to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J M Bramley Accountants and Registered Auditors 106 Carter Lane Mansfield Signed ..................................................... Notts NG18 3DH Date .......................................................
Page 3
BASFORD HALL MINERS' WELFARE TRUST
Charity commission registered number: 522202
Income and expenditure account for the year ended 31 March 2021
| Income Conference income Investment income Occupational licence Income from investments Bank and building society interest received Total income |
2021 Unrestricted £ ) (3,306 4,000 800 6,383 |
funds £ 3,306 11,183 7,877 |
2020 Unrestricted £ 45,737 4,500 3,500 3,274 |
funds £ 45,737 11,274 |
|---|---|---|---|---|
| 57,011 |
Page 4
BASFORD HALL MINERS' WELFARE TRUST
Charity commission registered number: 522202
Income and expenditure account for the year ended 31 March 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted funds | Unrestricted funds | ||||
| £ | £ | £ £ |
|||
| Expenditure | |||||
| Expenses | |||||
| Entertainment expenses | 158 | 1,806 | |||
| Conference costs | - | 26,495 | |||
| 158 | 28,301 | ||||
| Administrative expenses | |||||
| Personnel and health and safety services | - | 1,013 | |||
| Staff wages | 5,377 | 32,752 | |||
| Rates and water | 271 | 11,199 | |||
| Insurance | - | 4,635 | |||
| Electricity | 12,052 | 21,835 | |||
| Property repairs and maintenance | 8,801 | 19,118 | |||
| Alarm maintenance | 1,037 | 1,620 | |||
| Postage, stationery and advertising | 324 | 2,319 | |||
| Telephone | 601 | 492 | |||
| Computer costs | 415 | 255 | |||
| Legal and professional fees | 725 | 670 | |||
| Accountancy | 1,485 | 2,390 | |||
| Bank charges | - | 89 | |||
| Sundry expenses | 145 | 7,763 | |||
| Skills Coaches | - | - | |||
| Depreciation on fixtures and fittings | 5,337 | 5,206 | |||
| 36,193 | 111,356 | ||||
| Total expenditure | 36,351 | 139,657 | |||
| (Deficit) / Surplus of income | (28,474 | ) | (82,646 | ) | |
| Basford Hall Miners' Welfare | |||||
| Social Club Ltd | |||||
| Covenant | - | 75,300 | |||
| Surplus of income over expenditure | (28,474 | ) | 7,346 |
Page 5
BASFORD HALL MINERS' WELFARE TRUST
Balance sheet as at 31 March 2021
| Notes Fixed assets Tangible assets 2 Current assets Basford Hall Miner's Welfare S C Ltd 3 VAT repayable 3 Prepayments 3 Bank current account NatWest Business Direct Reserve Lloyds Bank fixed term deposit Coventry Building Society Mansfield Building Society Current liabilities 4 Trade creditors Other creditors Accruals Net current assets Total assets less current liabilities Represented by: Capital Reserve Revenue reserves Loss for the year |
2021 £ £ 1,192,038 87,617 1,174 - 68,109 19,531 200,000 250,000 90,207 716,638 1,786 35,277 600 37,663 678,975 1,871,013 450 38,454 ) (3,851 1,832,936 1,871,390 |
2020 £ £ 1,197,375 75,300 3,448 952 31,006 19,531 250,000 250,000 90,207 720,444 7,178 35,277 500 42,955 677,489 1,874,864 450 38,454 ) (7,346 1,836,410 1,874,864 |
2020 £ £ 1,197,375 75,300 3,448 952 31,006 19,531 250,000 250,000 90,207 720,444 7,178 35,277 500 42,955 677,489 1,874,864 450 38,454 ) (7,346 1,836,410 1,874,864 |
|---|---|---|---|
| 1,874,864 | |||
| 450 | |||
| 38,454 1,836,410 |
|||
| 1,874,864 |
Page 6
BASFORD HALL MINERS' WELFARE TRUST
Notes to the accounts
for the year ended 31 March 2021
1. Accounting policies
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings - and equipment 25% Reducing Balance
No provision is made for depreciation of freehold property or property alterations.
| 2. Tangible assets Land and buildings Fixtures & freehold Fittings £ £ Cost At 1 April 2020 1,176,033 171,053 At 31 March 2021 1,176,033 171,053 Depreciation At 1 April 2020 - 149,711 Charge for the year - 5,337 At 31 March 2021 - 155,048 Net book values At 31 March 2021 1,176,033 16,005 At 31 March 2020 1,176,033 21,342 |
Total £ 1,347,086 |
|---|---|
| 1,347,086 | |
| 149,711 5,337 |
|
| 155,048 | |
| 1,192,038 | |
| 1,197,375 |
In the opinion of the trustees, the Freehold Land and Buildings, shown in the balance sheet at £1,176,033, has a market value of approximately £1,500,000.
| 3. Debtors Basford Hall Miner's Welfare S C Ltd VAT repayable Prepayments and accrued income |
2021 £ 87,617 1,174 - 88,791 |
2020 £ 75,300 3,448 952 |
|---|---|---|
| 79,700 |
Page 7
BASFORD HALL MINERS' WELFARE TRUST
Notes to the accounts
for the year ended 31 March 2021
| 4. Current liabilities Trade creditors Basford Hall Miners' Welfare SC Ltd Accruals and deferred income |
2021 £ 1,786 35,277 600 37,663 |
2020 £ 7,178 35,277 500 |
|---|---|---|
| 42,955 |
Page 8