REGISTERED CHARITY NUMBER: 522205 Report of the Trustéés and Unaudited Flnancial Statements for the Year Ended 31 December 2025 for Cotgrave Social Welfar• Schéme & Institute Clayton & Brewill Chartered Accountants Cawley House 149-155 Canal Street Nottlngham Nottlnghamshire NGI 7HR
Cot9rave Social Wèlfare Scheme & Institut¢ Contents of the Financial Statements for the year ended 31 December 2025 Page Report of the Trust••s Indendent Examiner's Report statérnent of Financlal Activities Balan¢e Sheet Notes to the Finan¢iJl Ststements 6 to 12 Detailed Statement of Financial Artivitie5 13
Cotgrave Social Welfare Scheme & Institute Report of the Trustees for the year ended 31 December 2025 The trustees present their report wlth the financSal statements of the charlty for the year ended 31 December 2025. The trustees have adopted the provisions of Accountlng and Reportlng by Charltles.. statement of Recommended Practlce applicable to charities preparing their accounts In accordanee with the Financial Reporting Standard appllcable In the VK and Republlc of Ireland (FRS 1021 (effectlve I January 2019). OBJECTIVES AND ACTIVITIES The charitable activitles of the Cot9rave Social Welfare Scheme and Institute are to provide a welfare Institute and recreational ground for the benefSt of the parish of Cotgrave and the neighbourhood, In particular the mSnlng ctsmrnunity, for the purpose of improving the conditions of life and for the promotion of the educatlon of younger members of the community. ACHIEVEMENTS AND PERFORMANCE In the year ended 31 December 2025 the main Income of the charSty has been an occupational licen fee of £8,763 12024 - £47,208) from the Cotgrave Welfare Scheme Sg¢ial Club Mited for rental of the premises and room hire and car park income of £55,256 (2024 - £45,143). FINANCIAL REVIEW Financial p051tion The result5 fgr the year show a surplus of £25,96412024 £48,786). Overall, the Trustees are satlsfSed wlth the Charity's current financial posltlon. They cOgnIse that the previous financial year presented significant challenges arising from the continued cost of living crisis and wider economic conditlons. The Trustees remain committed to the ongoing maintenance and renovation of the premises to ensure the building is kept to an approprlate standard and remalns sustainable for the long term. Solar panels have been installed to help reduce running costs, and the financial benefits of thls investment are aladY refletted in the accounts. The Trustees anticipate that an increase in bookings in the forthcoming financial year will lead to higher revenue and Improved outcomes for members and customers. However, they also acknowledge that the year ahead is likely to remain challenging due to tax Increases across the Supply chaln and ongoing instabllity In the energy markets. Desplte these pressures, the Trustees continue to work dlligently to strengthen and secure the future of the Club. Reserves policy The trustees have consldered the level of reserves held by the Cotgrave Soclal Welfare Scheme and Institute as at 315t December 2025 The charity needs reseNes to enable It to continue its current activltles. Total unrestritted reserves at the year end were £637,306 {2024 £611,003) within which £307,358 (2024 £291,851) was represented by net current assets and not tled up In fixed assèts. It is the trustees long term intention to establish a free reserves level equal to one years expenditure on charltable activltles , currently £63,025 12024 £65,304). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charlty is controlled by Its governing document, a deed of trust and constitutes an unlncorporated charSty. The trust deed was set up on 23rd April 1966. There are three trustees. The trustees are appolnted for a period of four years. The chabr of trustees rotates on an annual basls between a CISWO trustee and a Union trustee. Trustees meet on a monthly basis. The trustees have examined the principal areas of the charity's operations and consldere¢J the major risks fad in each of these areas. In the oplnion of the trustees the charity has established resources and control sy5tem5 which under normal condStSons, should allow these rlsks to be mltlgated to an acceptable level in its day to day operations. Page I
Cotgrav• Sodal Welfare Scheme & Institute Report of the Trustees for the year ended 31 December 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registerèd Charlty number 522205 Principal addrÈs$ Woodview Cotgrave Nottlngham Nottlnghamshire NG12 3PJ Trustees M Brown M Warner D Moulds Independent Exarniner Yvonne Jackson 8Sc FCA Clayton & Brewill Chartered Accountant5 Cawley House 149-155 Canal Street Nottlngham Nottinghamshire NGI 7HR The Cotgrave Social Welfare Scheme and Institute is reglstered with the Charity Commlsslon under the name Cotgrave Social Welfare Centre. Approved by order of the board of trustees on by.. and signed on Its behalf M Brown Trustee Page 2
Independent Examiner's Report to thè Trustees of Cotgrave Social Welfare Scheme & Institute Independent examiner's report to the trustees of Cotgrave Social Weltare Schème & Instltute I report to the charSty trustees on my examlnatlon of the accounts of Cotgrave Social Welfare Scheme & Institute (the Trust) for the year ended 31 December 2025. Re$ponsibilitie$ and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act'l. I report in spect of my exafflination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examinatlgn I have followed all applicable Dlrections given by the Charity Commission under Section 14515llb} of the Act, Independent examlner's statemtnt I have completed my examination. I confirm that no material matters have come to my attentlon In onnection with the examination giving me cause to belleve that In any rnaterial respect= accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do not accord with those records; or the accounts do not comply with the applicable reqU1MentS concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulatlons 2008 other than any quirement that the accounts glve 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 tsrder to enable a proper understanding of the accounts to be reached. Yvonne Jaekson Bsc FCA Clayton & 8rewill Chartered Accountants Cawley House 149-155 Canal Street Nottingham Nottlnghamshlre NGI 7HR Date: Page 3
Cotgrave Soclal Welfare Scheme & Institute statement of Flnanclal Activitie5 for the year ended 31 December 2025 2025 Total funds 2024 Total funds unrestricted fund5 Restrlcted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 15,746 15,746 11,310 other trading activities Investment Income 69,482 69,482 98,818 Total 114 090 EXPENDITiIRE ON Charitable activities Charitable activities 339 NET INCOME/(EXPENDThURE) 26,303 (339) 25,964 48,786 RECONCILIATION OF FUNDS Total funds brought forward 611,003 172,277 783,280 734,494 TOTAL FUNDS CARIUED FORWARD 637 306 171 938 809 244 783 280 The notes form part of these financial statements Page 4
Cotgrave Social Welfare Scheme & Institut• Balance Sheet 31 December 2025 2025 Total funds 2024 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 329,948 160,000 489,948 479,152 CURRENT ASSETS Debtors Cash at bank 2,071 317 947 2,071 329 885 6,487 304 269 320,018 11,938 331,956 310,756 CREDITORS Arnounts falling due within one year io {12,660) {12,660) 16,6281 NET CURRENT ASSETS 307 358 319 296 304 128 TOTAL ASSETS LESS CURRENT LIABILITIES 637,306 171,938 809,244 783,280 NET ASSETS 637 3ts6 171 938 809 244 783 280 FUNDS Unrestricted funds Restrfcted fund5 li 637,306 171 938 611,003 172 277 TOTAL FUNDS 809 244 783 280 The financlal statements were approved by the Board of Trustees and authorlsed for Issue on *..'..2.A..........-.. and were signed on Its behalf by.. M Brown - Trustee J R Gil Trustee M Warner- Trustee D Moulds - Trustee The notes form part of these financial staternents Pa9e 5
Cotgrave Social Welfare Scheme & Institute Notes to the Financlal Statements for the year ended 31 December 2025 ACCOUNTING POLICXES Basis of preparlng the financlal statements The financièl statements of the charity, which Is a publlc benefit entsty under FRS 102, have been prepared Sn accordance with the Charities SORP IFRS 1021 'Accountino and ReportSng by Charlties.. 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 IFRS 1021 (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic OF Ireland, and the Charitie5 Act 2011. The financial statements have been prepared under the historical cost convention. Income All income Is recognlsed In the Statement of Flnat)dal Actlvities once the charlty has entitlement t the funds, it is probable that the income wlll be received and the amount can be measured reliably. Expend5ture Liabilities are CognISed as expenditure as soon as there Is a legal or constructlve obligation committing the charSty to that expendlture, It Is probable that a transfer of economic benefits w511 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 dSrectly attributed to particular headlngs they have been allocated to activities on a basis consSstent with the use of resources. Grants offered subject to conditions whlch have not been met at the year end date are noted as a commitment but not accrued as expendlture. Tangible fixed assets Depreciation is provided at the following annual rates In order to wrlte off each asset over Its estimated useful 1Sfe. Long leasehold Fixtures, flttlngs and equipment not provided 25% reducing balan Taxation The charity Is exempt from tax on Its charltable artivltles. Fund accounting Unrestrirted funds can be used In accordance with the charitable objective5 at the dlscretion of the trustees. Restritted funds can only be used ft*r partlcular restricted purpose5 wlthln the objerts of the charity. Restrictions arise when speclfied by the donor or when funds are raised for partlcular restrtcted purposes. Further explanation of the nature and purpose of each fund is included in the note5 to the financial statements. Penslon costs and othor post-retlrement b•n•flts The charity operates a defined contribution pension scheme. Contributlons payable to the charity's penslon scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 6 continued...
Cotgrave Sodal Wèlfaré Sch•m• & Institutt Notes to the Financial Staterntsnts - tontinuéd for the year ended 31 Detèmbèr 2025 OTHER TRADING ACTIVITIES 2025 2024 Raffle5 Occupational licence fee Membership fees Room hire 3,784 8,763 1,679 4,102 47,208 2,365 INVESTMENT INCOME 2025 2024 Bank interest received GRANTS PAYABLE 2025 2024 Charftable activities The total grants pald to Indlvlduals durlng the year was as follows.. 2025 2024 other Donatlons Football Trophies Carnera Candelby Lane School Cotgrave Country Park 102 3,748 170 3,444 2,157 300 loo TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneratlon or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024. Yrustees. expenses There were no trustees, expenses paid for the year ended 31 December 2025 nor ft>r the year ended 31 December 2024. STAFF COSTS The average monthly number gf employees during the year was as follows: 2025 2024 maIntenan staff No ernployees received emoluments In exces5 of £60,000. Page 7 continued...
Cotgravé Soclal Welfare Scheme & Instltute Notes to the Financial Statements- contlnued for the year ended 31 Décember 2025 COMPARATIVES FOR THE STATEMENT OF FZNANCIAL ACTIVITIES Unrestricted funds Restrlcted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 11,310 11,310 Other trading actlvltles Investment income 98,818 98,818 Total 114 090 114 090 EXPENDXTURE ON Charltable actlvltlas CharStable activitles NET INCOME/(EXPENDrruRE) 51,200 (2,414) 48,786 RECONCILIATZON OF FUNDS Total fijnds brought forward 559,803 174,691 734,494 TOTAL FUNDS CARRIED FORWARD 611 003 172 277 783 280 TANGIBLE FZXED ASSETS Fixtures, fittings and equlpment Long leasehold Totals COST At l January 2025 Additions 377,631 705,974 1,083,605 At 31 December 2025 377 631 734 341 1 111 972 DEPRECIATION At l January 2025 Charge for year 604,453 604,453 At 31 December 2025 622 024 622 024 NET BOOK VALUE At 31 December 2025 377 631 112 317 489 948 At 31 December 2024 377 631 101 521 479 152 Page 8 contSnLsed...
Cotgrave Social Welfare Scheme & Institute Notes to the Flnanclal Statements - continuèd for the year ended 31 De¢ernr 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments and accrued Income 1,306 765 6, 122 365 10. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 2024 Trade credltor5 Taxation and social securlty other Creditors 376 1,819 96 3,748 11. MOVEMENT IN FUNDS Net movement in fund5 At 31. 12.25 At 1.1.25 Unrestricted funds General fvnd 611,003 26,303 637,306 Restricted funds Coal Industry socSal welfare organisation 160,000 160,000 Toilet renovations 2,232 (333) 1,899 Mlllenlum fund 2,975 2,975 Cotgrave welfare day centre 302 302 Youth club 6,768 (6) 6,762 172 277 171 938 TOTAL FUNDS 783 280 Page 9 contlnued...
Cotgrave Soclal Welfare Scheme & Institute Notès to the Flnanclal Statements- contlnued for the year ended 31 December 2025 ii. MOVEMENT IN FUNDS - contlnued Net movement in funds, included in the above are as follows.. Incoming reSoUrS Resources expended Movement n funds Unrestricted funds General fund 68,989 {62,6861 26.303 Restricted funds Toilet renovations (3331 {333} Youth club 61 6) 339 TOTAL FUNDS 63 0251 Comparative$ for movement in funds Net movement In funds At 31.12.24 At 1.1.24 Unrestricted fund$ General fvnd 559,803 51,200 611,003 Restrirted funds Coal industry soclal welfa organisation 160,000 160,000 Toilet renovatlons 3,853 (1,6211 2,232 Mlllenium fund 2,975 2,975 Cotgrave welfare day cent i.oii (709} 302 Youth club 6,768 6,768 Co-op donatSons 84 84} 174 691 172 277 TOTAL FUNDS 734 494 783 280 Page 10 continued...
Cotgrave Social Welfare Scheme & In$tltute Notes to the Financial Statements - continued for the year ended 31 December 2025 ii. MOVEMENT IN FUNDS- contlnu Comparative net movement in funds, included In the above are as follow5.. Incoming resources Resources expended Movement in fund5 Unrestricted funds General funij 114,090 (62,890) 51,200 Restrirted funds Tollet renovations Cotgrave welfare day centre Co-op donatlons 11,6211 11,6211 17091 1709) 841 84} TOTAL FUNDS 114 090 65 3041 A current year 12 months and pr6or year 12 months combined posltlon Is as follows.. Net rnovement in funds At 31.12.25 At 1.1.24 Unrestrlrted funds General fund 559,803 77,503 637,306 Restricted funds Coal Industry social welfare organisation 160,000 160,000 Toilet renovations 3,853 11,9541 1,899 Millenium fund 2,975 2,975 Cotgrave welfare day cent I,oii (709) 302 Youth club 6,768 161 6,762 Co-op donations 84 84) 174 691 171 938 TOTAL FUNDS 734 494 809 244 Page 11 continued...
Cotgrave So¢ial Welfare Scheme & Institute Notes to the Flnanclal Statements - contSnued for the year ended 31 December 2025 11. 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.. Incomlng resources Resources expended Movement in funds Unrestrirted funds General fvnd 203,079 {125,5761 77,503 Rèstrictéd funds Toilet renovations {1,9541 11,954) Cotgrave welfare day centre (7091 17091 Youth club {61 (61 Co-op donations 841 84) TOTAL FUNDS 203 079 {128 3291 The Coal Industry Soclal Welfare Organlsatlon fund of £160,000 comprises the Inltlal funds introduced to enable the formatlon of the Welfare Institute and the construction of the leasehold property. Toilet renovations comprises original grant5 totalling £18,700 towards the cost of refurbishing the toilets The cost of renovations in the year of £333 Is Included In resources expended.The balance 15 now £1,900. The grant to the millennlum fund comprises £2,975 remaSnlng from the single Regeneration budget towards the production costs of a millennium book which is carried forward. The Cot9rave Welfare Day Centre balance brought forward and carry forward balance was £302. The Cotgrave welfa Youth Club ceased to operate and its funds were transferred to the Charity. Part of these fund5 were previously used to purchase the inflatables and a community soft play area. £6 was spent in the year and the balance of the fvnd of E6,762 Is belng retained for future costs of youth facSlltles. 12. RELATED PARTY DISCLOSURES The Cotgrave Social Welfare Scheme and Institute Is controlled by the board of trustee5. The trustees are also directors of Cotgrave Welfare Scheme Soclal Club Llmlted, a company Ilmlted by guarantee. The only transactions wlth the company is the charge for the occupational licence fee which amounted to £8,763 12024 £47,208). At 31st December 2024 the company owed the charity £nil 12024 £5,086) and the charlty owed the company £6,999 {2024 £nill. Page 12
Cotgrave Social Welfare Scheme & Instltute Detailed Statement of Financial Activities for the year ended 31 December 2025 2025 2024 INCOME AND ENDOWMENTS Donatlon$ and legacies Donatlons 15,746 11,310 other tradlng activitles Raffles Occupational licence fee Membership fees Room hire 3,784 8,763 1,679 4,102 47,208 2,365 69,482 98,818 Investment income Bank Interest received Total incoming resourcés 88,989 114,090 EXPENDITURE Charitable actlvltlés Wages Penslons Rates Insurance Postage and stationery Sundries Repairs and malntenance Cleaning Flxtures and fittings depreciation Profit on sale of tangible fixed assets Grants paid 8,063 242 2, 169 499 268 309 20,814 6.578 17,571 7,578 226 900 87 865 34,055 13.198 (1921 60,763 62,977 Support cost$ Finance Bank charges 32 Governance costs Accountancy and professlonal fees Total resources expended Net income This page does not form part of the statutory financial statement5 Page 13