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REGISTERED CHARITY NUMBER: 522202
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
BASFORD HALL MINERS' WELFARE TRUST
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Ashtree Accountants
Ground Floor
HS Ash Tree Court
Nottingham Business Park
Nottingham
Nottinghamshire
NG8 6PY
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BASFORD HALL MINERS' WELFARE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11 to 12
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BASFORD HALL MINERS' WELFARE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
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.
FINANCIAL REVIEW
Basford Hall Social Club
The charity is the sole member of Basford Hall (2022) Ltd and the company is limited by guarantee.
On 8 August 2025, Basford Hall (2022) Ltd ceased trading owing an amount of £8,288 to the charity. As a result of this event, the
Trustees no longer considered this amount recoverable and, as such, full provision for this amount has been provided for in the
accounts. This amount relates to the balance of the £20,000 loan that was made to the company in 2022. In addition, the charity is
owed £8,822 in respect of the provision for income receivable by the charity from Basford Hall (2022) Ltd in respect of the previous
years' trading activities. However, in view of the above event, the Trustees have reversed this provision in the current year's
accounts. See note 5 for further information.
The charity is also the sole member of Creepers 2025 Ltd, which was formed on 8 August 2025 to to take over the operations of the
social club function at the Basford Hall Miners Welfare Centre.
Monies held in the charity's bank and building society accounts
As at the year end the charity held monies in both the NatWest and Coventry Building Society to support the charity's on-going
operational costs.
Investment policy and objectives
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.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Organisational structure
The Charity is governed by a Management Committee, comprising of the Trustees and other eligible appointed persons.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in
place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
522202
Principal address
55 Goldcrest Road
Cinderhill
Nottingham
Nottinghamshire
NG6 8PT
Trustees
S Lack (resigned 15/3/2025)
M Wilson (resigned 15/2/2025)
K J Jacklin (resigned 15/11/2024)
F Spencer (resigned 22/10/2025)
Mrs J Petford
H Simpson (appointed 30/6/2025)
Mrs S Murphy (appointed 15/4/2025)
P Fluskey (appointed 15/4/2025)
Page |
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BASFORD HALL MINERS' WELFARE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Ashtree Accountants Ground Floor HS5 Ash Tree Court Nottingham Business Park Nottingham Nottinghamshire NG8 6PY EVENTS SINCE THE END OF THE YEAR Information relating to events since the end of the year is given in the notes to the financial statements. Approved by order of the board oftrustees on 29 Jan 2026 and signed on on its behalf by: behalf by: by:
and signed on on its behalf by: behalf by: by:
Pash:7
P Fluskey - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BASFORD HALL MINERS' WELFARE TRUST
Independent examiner's report to the trustees of Basford Hall Miners' Welfare Trust I report to the charity trustees on my examination of the accounts of Basford Hall Miners' Welfare Trust (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ped Ennerson
Paul Emmerson, Chartered Accountant The Institute of Chartered Accountants in England and Wales Ashtree Accountants Ground Floor HS5 Ash Tree Court Nottingham Business Park Nottingham Nottinghamshire NG8 6PY |[DE.)][ (an] 29 Jan 2026
Page 3
BASFORD HALL MINERS' WELFARE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
INCOME AND ENDOWMENTS FROM Donations and legacies
Charitable activities Conference activities
Other trading activities Investment income Total
EXPENDITURE ON Charitable activities Conference activities
Other Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD
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31/3/25 31/3/24
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
6,700 - 6,700 -
33,254 - 33,254 38,424
2 (8,822) - (8,822) -
3 27,013 - 27,013 5,102
58,145 - 58,145 43,526
12,488 - 12,488 15,309
121,946 - 121,946 175,213
134,434 - 134,434 190,522
(76,289) - (76,289) (146,996)
1,536,890 38,454 1,575,344 1,722,340
1,460,601 38,454 1,499,055 1,575,344
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The notes form part of these financial statements
Page 4
BASFORD HALL MINERS' WELFARE TRUST
BALANCE SHEET 31 MARCH 2025 31/3/25 31/3/24 Unrestricted Restricted Total Total fund fund funds funds Notes £ £ £ £ FIXED ASSETS Tangible assets 7 1,187,180 - 1,187,180 1,189,946 CURRENT ASSETS Debtors 8 2,438 - 2,438 31,137 Cash at bank 278,795 38,454 317,249 365,241 281,233 38,454 319,687 396,378 CREDITORS Amounts falling due within one year 9 (7,812) - (7,812) (10,980) NET CURRENT ASSETS 273,421 38,454 311,875 385,398 TOTAL ASSETS LESS CURRENT LIABILITIES 1,460,601 38,454 1,499,055 1,575,344 NET ASSETS 1,460,601 38,454 1,499,055 1,575,344 FUNDS 10 Unrestricted funds 1,460,601 1,536,890 Restricted funds 38,454 38,454 TOTAL FUNDS FUNDS 1,499,055 1,575,344 29 Jan 2026
TOTAL FUNDS FUNDS 1,499,055 1,575,344 29 Jan 2026 The financial statements were approved by the Board of Trustees and authorised for issue ON .........eeeeeeeeeseeeeeseeeeteeseeeees ad =Were signed on its behalf by:
PLlsley
P Fluskey - Trustee
J Petford - Trustee
The notes form part of these financial statements
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BASFORD HALL MINERS' WELFARE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES
Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - not provided Fixtures and fittings - 25% on reducing balance No depreciation is provided on freehold property. It is the charity's policy to maintain the property in a continual state of sound repair and make improvements thereto from time to time and accordingly the trustees consider that the useful economic life of the property is so long and residual value, based on prevailing market prices, is so high, that depreciation is insignificant. The trustees consider this treatment necessary in order to showa true and fair view. Any diminution in value of the property is charged to the profit and loss account as appropriate.
Taxation The charity is exempt from tax on its charitable activities.
Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 2. OTHER TRADING ACTIVITIES
Reversal of trading income receivable from Basford Hall (2022) Ltd
31/3/25 31/3/24 £ £ (8,822) -
- INVESTMENT INCOME
Rents received Occupational licence Bank and building society interest Interest receivable from Basford Hall (2022) Ltd
31/3/25 31/3/24 £ £ 12,250 - - 950 14,763 3,952 - 200 27,013 5,102
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BASFORD HALL MINERS' WELFARE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. During the course of the year, Discourse for Action Ltd of which Steve Lack (a former trustee) is a Director, invoiced the Charity for £5,075 (2024: £9,250) in respect of consultancy services rendered. This was agreed under normal commercial terms and was duly agreed and approved by the Board of Trustees.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
-
EXCEPTIONAL ITEMS Included in expenditure of £134,434 on page 4 is an amount of £8,288 in respect of a bad debt provision relating to the balance of the loan receivable from Basford Hall (2022) Ltd. Basford Hall (2022) Ltd ceased trading on 8 August 2025 and as a result of this event, the Trustees no longer consider this amount recoverable and, as such, full provision for this amount has been provided for in the accounts. In addition, the charity is owed £8,822 in respect of the provision for income receivable by the charity from Basford Hall (2022) Ltd in respect of previous financial years. However, in view of the above event, the Trustees have reversed this provision in the current year's accounts. See note 2 for further information.
-
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total fund fund funds £ £ £ INCOME AND ENDOWMENTS FROM Charitable activities Conference activities 38,424 - 38,424 Investment income 5,102 - 5,102 Total 43,526 - 43,526 EXPENDITURE ON Charitable activities Conference activities 15,309 - 15,309 Other 175,213 - 175,213 Total 190,522 - 190,522 NET INCOME/(EXPENDITURE) (146,996) - (146,996) RECONCILIATION OF FUNDS Total funds brought forward 1,683,886 38,454 1,722,340 TOTAL FUNDS CARRIED FORWARD 1,536,890 38,454 1,575,344
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BASFORD HALL MINERS' WELFARE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
- TANGIBLE FIXED ASSETS
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Fixtures
Freehold and
property fittings Totals
£ £ £
COST
At 1 April 2024 1,176,033 193,279 1,369,312
Additions - 2,331 2,331
At 31 March 2025 1,176,033 195,610 1,371,643
DEPRECIATION
At 1 April 2024 11,760 167,606 179,366
Charge for year - 5,097 5,097
At 31 March 2025 11,760 172,703 184,463
NET BOOK VALUE
At 31 March 2025 1,164,273 22,907 1,187,180
At 31 March 2024 1,164,273 25,673 1,189,946
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£ £
Loan to Basford Hall (2022) Ltd - 20,267
Amount due from Basford Hall (2022) Ltd - 8,822
VAT 772 1,424
Prepayments and accrued income 1,666 624
2,438 31,137
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£ £
Other creditors 7,812 10,980
MOVEMENT IN FUNDS
Net
movement At
At 1/4/24 in funds 31/3/25
£ £ £
Unrestricted funds
General fund 1,536,890 (76,289) 1,460,601
Restricted funds
Capital Reserve 38,454 - 38,454
TOTAL FUNDS 1,575,344 (76,289) 1,499,055
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-
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
-
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
-
MOVEMENT IN FUNDS
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BASFORD HALL MINERS' WELFARE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
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10. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
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Incoming Resources Movement
resources expended in funds
£ £ £
58,145 (134,434) (76,289)
58,145 (134,434) (76,289)
Net
movement At
At 1/4/23 in funds 31/3/24
£ £ £
1,683,886 (146,996) 1,536,890
38,454 - 38,454
1,722,340 (146,996) 1,575,344
Incoming Resources Movement
resources expended in funds
£ £ £
43,526 (190,522) (146,996)
43,526 (190,522) (146,996)
follows:
Net
movement At
At 1/4/23 in funds 31/3/25
£ £ £
1,683,886 (223,285) 1,460,601
38,454 - 38,454
1,722,340 (223,285) 1,499,055
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Unrestricted funds
General fund
TOTAL FUNDS
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Comparatives for movement in funds
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Unrestricted funds General fund Restricted funds Capital Reserve TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Unrestricted funds General fund
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TOTAL FUNDS 43,526
A current year 12 months and prior year 12 months combined position is as follows:
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Unrestricted funds General fund
Restricted funds Capital Reserve
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TOTAL FUNDS
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BASFORD HALL MINERS' WELFARE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds £ £ £
Unrestricted funds General fund 101,671 (324,956) (223,285) TOTAL FUNDS 101,671 (324,956) (223,285) 11. RELATED PARTY DISCLOSURES The charity is the sole member of Basford Hall (2022) Ltd. An amount of £8,288 owed by this company to the charity has been fully provided for as a bad debt in the accounts. In addition, a provision for income receivable by the charity from Basford Hall (2022) Ltd in respect of the previous years' trading activities of £8,822 has been reversed. See note 5 for further information.
- POST BALANCE SHEET EVENTS
The charity is the sole member of Basford Hall (2022) Ltd and the company is limited by guarantee. On 8 August 2025, Basford Hall (2022) Ltd ceased trading owing an amount of £8,288 to the charity. As a result of this event, the Trustees no longer considered this amount recoverable and, as such, full provision for this amount has been provided for in the accounts. This amount relates to the balance of the £20,000 loan that was made to the company in 2022. In addition, the charity is owed £8,822 in respect of the provision for income receivable by the charity from Basford Hall (2022) Ltd in respect of the previous years' trading activities. However, in view of the above event, the Trustees have reversed this provision in the current year's accounts. See note 5 for further information. The charity is also the sole member of Creepers 2025 Ltd, which was formed on 8 August 2025 to to take over the operations of the social club function at the Basford Miners Welfare Centre.
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