2020-12-31-accounts

CHARITY REGISTRATION NUMBER: 522218

Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Unaudited Financial Statements

31 December 2020

ILIFFE POULTER LTD

Chartered accountants 1A Bonington Road Mapperley Nottingham England NG3 5JR

Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Financial Statements

Year ended 31 December 2020

	Page
Directors' annual report	1
Independent examiner's report to the directors	4
Statement of financial activities	5
Statement of financial position	6
Notes to the financial statements	7

Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Directors' Annual Report

Year ended 31 December 2020

The directors present their report and the unaudited financial statements of the charity for the year ended 31 December 2020.

Reference and administrative details

Registered charity name	Coal Industry Social Welfare Organisation Mapperley Plains
	Recreation & Social Club
Charity registration number	522218
Principal office	Plains Road
	Mapperley
	Nottingham
	NG3 5RH
	England
The trustees
	G Taverner
	V Hulme
	J Osborne
	J Coffey
	B Lynch
	C Hopkinson
Independent examiner	Iliffe Poulter Ltd
	1A Bonington Road
	Mapperley
	Nottingham
	England
	NG3 5JR

1

Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Directors' Annual Report (continued)

Year ended 31 December 2020

Structure, governance and management

The Trustees

The body of trustees shall consist when complete of eight persons appointed as follows: a) Three eligible persons by mining employers

b) Three eligible persons by the Unions

c) Two shall be appointed at a meeting convened by the secretary each year.

Any casual vacancy shall be filled by the body whose appointee shall have ceased to hold office. After the year end the trustees were advised by Coal Industry Social Welfare Organisation that the body of trustees should in the future be made up of six trustees as follows: a) Two eligible persons from the Football section b) Two eligible persons from the Cricket section c) Two eligible persons from the Social Club, one to be from the management committee and one to be from the trade union.

Constitution

Coal Industry Social Welfare Organisation, Mapperley Plains Recreation and Social Centre Number 522218, is a charity registered with the Charity Commission and is governed by its own constitution. The charity was formed on 2 February 1968 as a Charitable Trust under Section 18 of the Charities Act 1960, as amended by the Charities Act 2011.

Objectives and activities

The objective of the Charity is the provision and maintenance of facilities for recreation and leisure-time occupation for the benefit of the inhabitants of Gedling and Mapperley Plains and the neighbourhood thereof and in particular, but not exclusively, such of the said inhabitants as are members of the mining community, without distinction of political, religious or other opinions, with the object of improving the conditions of life for the said inhabitants. There have been no material changes in the objectives of the charity during the year under review.

The social club provides a variety of activities which includes dancing and tuition throughout the week. In addition to this, the club provides entertainment in the concert hall on Saturday nights and on Wednesdays a quiz is held in the lounge. Several addition functions are held throughout the year to support local charities. The rooms are also used in the daytime for a variety of activities.

Achievements and performance

Senior Cricket team

Unfortunately, the cricket season was abandoned due to the covid 19 outbreak. General maintenance took place on the facilities as and when allowed.

Junior cricket team

Unfortunately, the cricket season was abandoned due to the covid 19 outbreak. General maintenance took place on the facilities as and when allowed.

Football Section

Unfortunately, the football season was abandoned due to the covid 19 outbreak. General maintenance took place on the facilities as and when allowed.

2

Pool Team

Unfortunately, the pool season was abandoned due to the covid 19 outbreak.

In conclusion, the Charity was mothballed for the year so there is little to report. However, despite the negative effects of Covid 19 on the sports teams, the financial performance of the Charity resulted in a net inflow of funds amounting to £20,428 in the year to 31st December 2020. The year as been very challenging, but we have survived on all fronts of the charity due to some good management. The Charity is in a healthy position for 2021, and there are several new projects planned.

Public benefit statement

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's General Guidance on Public Benefit when reviewing the Charity's aims and objectives and in planning future activities.

Financial review

The financial performance of the Charity resulted in a net inflow of unrestricted funds amounting to £11,175, and a net inflow of restricted funds amounting to £9,253 in the year to 31st December 2020.

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Directors' Annual Report (continued)

Year ended 31 December 2020

The directors' annual report was approved on 25 September 2021 and signed on behalf of the board of trustees by:

V Hulme Director

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Independent Examiner's Report to the Directors of Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Year ended 31 December 2020

I report to the directors on my examination of the financial statements of Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club ('the charity') for the year ended 31 December 2020.

Responsibilities and basis of report

As the directors of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 charity as required by section 130 of the Act; or

2. the financial statements do not accord with those records; or

3. the financial statements 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.

Iliffe Poulter Ltd Independent Examiner

1A Bonington Road Mapperley Nottingham England NG3 5JR

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Statement of Financial Activities

Year ended 31 December 2020

			2020		2019
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Charitable activities	4	70,375	29,424	99,799	108,426
Other income	5	–	–	–	101
		────────	────────	────────	─────────
Total income		70,375	29,424	99,799	108,527
		════════	════════	════════	═════════
Expenditure
Expenditure on charitable activities	6	57,100	20,621	77,721	82,787
Other expenditure	8	1,650	–	1,650	1,650
		────────	────────	────────	─────────
Total expenditure		58,750	20,621	79,371	84,437
		════════	════════	════════	═════════
		────────	────────	────────	─────────
Net income and net movement in	funds	11,625	8,803	20,428	24,090
		════════	════════	════════	═════════
Reconciliation of funds
Total funds brought forward		376,609	19,318	395,927	371,837
		─────────	────────	─────────	─────────
Total funds carried forward		388,234	28,121	416,355	395,927
		═════════	════════	═════════	═════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 7 to 14 form part of these financial statements.

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Statement of Financial Position

31 December 2020

		2020	2019
	Note	£	£
Fixed assets
Tangible fixed assets	11	147,447	155,118
Current assets
Debtors	12	52,151	36,155
Cash at bank and in hand		236,124	218,213
		─────────	─────────
		288,275	254,368
Creditors: amounts falling due within one year	13	19,367	13,559
		─────────	─────────
Net current assets		268,908	240,809
		─────────	─────────
Total assets less current liabilities		416,355	395,927
		─────────	─────────
Net assets		416,355	395,927
		═════════	═════════
Funds of the charity
Restricted funds		28,121	21,085
Unrestricted funds		388,234	374,842
		─────────	─────────
Total charity funds	15	416,355 ═════════	395,927 ═════════

These financial statements were approved by the board of trustees and authorised for issue on 25 September 2021, and are signed on behalf of the board by:

V Hulme Director

The notes on pages 7 to 14 form part of these financial statements.

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements

Year ended 31 December 2020

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Plains Road, Mapperley, Nottingham, NG3 5RH, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the directors for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Fixtures and fittings	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

4. Charitable activities

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	£	£	£
Rental income	68,445	–	68,445
Social club rent	1,050	–	1,050
Cricket club income	–	20,354	20,354
Football club income	–	9,070	9,070
Exceptional income from charitable activities	880	–	880
	────────	────────	────────
	70,375	29,424	99,799
	════════	════════	════════

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

4. Charitable activities (continued)

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2019
		£	£	£
Rental income		68,445	–	68,445
Social club rent		1,800	–	1,800
Cricket club income		–	27,321	27,321
Football club income		–	10,860	10,860
Exceptional income from charitable activities		–	–	–
		────────	────────	─────────
		70,245	38,181	108,426
		════════	════════	═════════
Other income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2020	Funds	2019
	£	£	£	£
Interest - deposits	–	–	101	101
	════	════	════	════
Expenditure on charitable activities by fund type
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		£	£	£
Football club		–	9,101	9,101
Cricket club		–	11,332	11,332
Support costs		57,100	188	57,289
		────────	────────	────────
		57,100	20,621	77,722
		════════	════════	════════
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2019
		£	£	£
Football club		–	9,039	9,039
Cricket club		–	27,375	27,375
Support costs		46,374	–	46,373
		────────	────────	────────
		46,374	36,414	82,787
		════════	════════	════════

5. Other income

6. Expenditure on charitable activities by fund type

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

7. Analysis of support costs

			Analysis of
			support costs
			activity 1	Total 2020	Total 2019
			£	£	£
	Rates		2,061	2,061	(2,938)
	Insurance		6,340	6,340	3,011
	Electricity		76	76	295
	Depreciation		7,671	7,671	8,154
	Repairs & renewals		43,758	43,758	35,793
	Computer costs		(3,047)	(3,047)	1,356
	Miscellaneous costs		410	410	369
	Bank charges		1	1	83
	Advertising		–	–	250
			────────	────────	────────
			57,270	57,270	46,373
			════════	════════	════════
8.	Other expenditure
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2020	Funds	2019
		£	£	£	£
	Independent examiners remuneration	1,650	1,650	1,650	1,650
		═══════	═══════	═══════	═══════
9.	Net income
	Net income is stated after charging/(crediting):
				2020	2019
				£	£
	Depreciation of tangible fixed assets			7,671	8,154
				═══════	═══════
10.	Independent examination fees
				2020	2019
				£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial	statements		500 ════	500 ════

The independent examiners remuneration amounts to an independent examination fee of £500 (2019 - £500) and accountancy services of £1,150 (2019 - £1,150).

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

11. Tangible fixed assets

	Freehold	Fixtures and	User defined
	property	fittings	asset	Total
	£	£	£	£
Cost
At 1 January 2020 and
31 December 2020	665,929	43,879	(81,595)	628,213
	═════════	════════	════════	═════════
Depreciation
At 1 January 2020	431,487	41,608	–	473,095
Charge for the year	7,126	545	–	7,671
	─────────	────────	────────	─────────
At 31 December 2020	438,613	42,153	–	480,766
	═════════	════════	════════	═════════
Carrying amount
At 31 December 2020	227,316	1,726	(81,595)	147,447
	═════════	════════	════════	═════════
At 31 December 2019	234,442	2,271	(81,595)	155,118
	═════════	════════	════════	═════════
Debtors
			2020	2019
			£	£
Trade debtors			17,111	–
Amounts owed by undertakings in which the charity has a
participating interest			34,875	34,875
Prepayments and accrued income			–	1,180
Other debtors			165	100
			────────	────────
			52,151	36,155
			════════	════════
Creditors: amounts falling due within one year
			2020	2019
			£	£
Trade creditors			1,821	485
Accruals and deferred income			5,365	2,313
Social security and other taxes			998	1,956
Other creditors			11,183	8,805
			────────	────────
			19,367	13,559
			════════	════════
Deferred income
			2020	2019
			£	£
Amount deferred in year			3,715 ═══════	170 ════

12. Debtors

13. Creditors: amounts falling due within one year

14. Deferred income

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

15. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At			At
	1 January 202		31	December
	0	Income	Expenditure	2020
	£	£	£	£
General funds	374,841	70,375	(58,750)	386,466
	═════════	════════	════════	═════════
	At			At
	1 January 201		31	December
	9	Income	Expenditure	2019
	£	£	£	£
General funds	352,519	70,346	(48,024)	374,841
	═════════	════════	════════	═════════
Restricted funds
	At			At
	1 January 202		31	December
	0	Income	Expenditure	2020
	£	£	£	£
Cricket club	13,391	20,354	(11,520)	22,225
Football club	7,694	9,070	(9,101)	9,683
	────────	────────	────────	────────
	21,085	29,424	(20,621)	31,908
	════════	════════	════════	════════
	At			At
	1 January 201		31	December
	9	Income	Expenditure	2019
	£	£	£	£
Cricket club	13,445	27,321	(27,375)	13,391
Football club	5,873	10,860	(9,039)	7,694
	────────	────────	────────	────────
	19,318	38,181	(36,414)	21,085
	════════	════════	════════	════════

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Coal Industry Social Welfare Organisation Mapperley Plains Recreation & Social Club

Notes to the Financial Statements (continued)

Year ended 31 December 2020

16. Analysis of net assets between funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	£	£	£
Tangible fixed assets	147,447	–	147,447
Current assets	254,180	34,095	288,275
Creditors less than 1 year	(19,367)	–	(19,367)
	────	────	────
Net assets	382,260	34,095	416,355
	════	════	════
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
	£	£	£
Tangible fixed assets	155,118	–	155,118
Current assets	233,283	21,085	254,368
Creditors less than 1 year	(13,559)	–	(13,559)
	─────────	────────	─────────
Net assets	374,842	21,085	395,927
	═════════	════════	═════════

17. Related parties

During the year, Coal Industry Welfare Organisation Mapperley Plains Recreation and Social Centre was controlled by the Trustees. The Trustees are also Directors of Mapperley Plains Recreation and Social Club Limited (the company).

The company is limited by guarantee which operates a social club on Plains Road in Mapperley. All taxable profits of the company are covenanted to Mapperley Plains Recreation and Social Centre by way of a deed of covenant. The taxable profit made in the year ended 31 December 2019 was £nil (2018 £nil).

During the year, rent of £1,800 was received from the company (2018 £1,800). At 31st December 2019, the amount owed from Mapperley Plains Recreation and Social Club Limited totalled £34,875 (2018 £40,875). A payment plan was put in place for the company to repay the outstanding balance to the charity. The company will repay the charity £1,020 per month for 38 months, with a final instalment of £2,115 being due in month 38. To enable the company to meet these repayments, the charity has reduced the rent charged to the company to £150 per month.

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