EAST KIRKBY MINERS, WELFARE TRUST
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024

EAST KIRKBY MINERS, WELFARE TRUST
INDEX TO THE FINANCIAL STATEMENTS
PAGE
Legal and Administrative Details
Trustees, Report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes lo the Financial Statements

EAST KIRKBY MINERS, WELFARE TRUST
LEGAL AND ADMINISTRATIVE DETAILS
East Kirkby Miners, Welfare Trust is register6d with
the Charity Commission (Registration number 522234)
Address of Charity..
The Summit Centre
Pavilion Road
Kirkby-in-Ashfield
Nottingham
NG17 7LL
Trustees:
C G Brown
A J Cruddace
A Sipson
D Naylor
J Naylor
Se¢retarylTreasurer'
K Appleby
Bankers:
Bardays Bank plc
90 Station Street
Kirkby-in-Ashfield
Nottingham
NG17 7AP
Independent Examiner..
J Wallage FCA
CISWO {Trading) Ltd
The Old Rectory
Rectory Drive
Whiston
ROTHERHAM
Soulh Yorkshire
S60 4JG

EAST KIRKBY MINERS, WELFARE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report along wth the financial statements of the charity for the year ended 31
March 2024. The financial statements have been prepared in accordance with the accounting policies
set out in Note 1 to the accounts which can be found on page 7.
Constitutlon and Objects
The charity is constituted by a Scheme dated 13 February 2007 and was registered on 13 June 1983
under the number 522234.
Its objects are to provide an institute and recreation ground for the benefit of the inhabitants of Kirkby-in-
Ashfield in Nottinghamshire. parbcularty {but not exclusively} those who are members of the mining
community.
Trustee vacancies are advertised and interested parties are asked lo apply in writing. InteNiews will be
held and suitable candidates are then notified lo their nominating body being either CISWO, trade union
or members. The trustee board is made up of equal numbers of each nominating body.
Financlal Revlew
The charity had net expenditure of £10,029 for the year. an improvement on last yearfs deficit of £12,996.
Overall income has increased although trustees are somewhat concerned about the reduced activity on
the bar and will look at ways that this can be improved in the coming year.
As expected, gas and electricity cosls hav8 remained high but a new deal ¥Mth suppliers has helped lo
control this. Repairs costs have increased this year as the building continues lo age and requires
regular upkeep and maintenance. In addition to this, high depreciation charges have once again affected
the overall result and wll continue to do so for the foreseeable future. However, the result before these
charges would be a substantial surplus each year and the trustees are encouraged by this.
Revlew of Actlvlties
The trustees are pleased that the Centre has managed to retain its regular user5 and also actively
encourages new users to the facilities.
Activities have continued to take place on the 3G pitch and this is full lo capacity during the week.
The trustees hope to seek funding lo expand both the 3G pitch and provide alleralions lo the existing
ft)otball pitch.
The Children's Centre continues to operates from part of the building and provides a Substantial amounl
of income for the charity from rent received. The Centre is utilised by local groups for such as fitness
classes and also by the local authority as a venue for training courses.
During the year. the Centre took over the running of the local Food Club providing food parcels for the
local community. This is operated by Centre staff wilh grant funding secured lo cover the cost of the
food distributed. Those wshing to access this service pay a membership fee lo do so and this has
resulted in a small amount of additional income for the Centre.
Continued...

EAST KIRKBY MINERS. WELFARE TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
CONTINUED
Investment Policy
There is no investment policy in place as such but the trustees have taken Ihe sensible approach and
placed the bulk of the charity's liquid assets in interest bearing bank accounts. This raises a modest
amounl of income for thè charity in the form of interest received but allows the funds to remain easily
accessible should they be required.
Reserves Pollcy
It Is the policy of the trustees to maintain unreslrlcted funds which are the free reserves of the charity al
level to provide sufficient funds lo cover anlicipaled administration and support costs for a period of
velve months. Any addilional rese￿eS are held to provide a capital fund for repairs that will be required
for the upkeep of the prernises.
Rlsk Management
The trustees are aware of the operational and financial risks which the charity faces and regularly review5
those risks to mitigate against any impact they may have on the charity. The major risks facing the
charity are the support of individuals and the community in using the facilities and the introduction of the
younger generation to provide for the fvlure. The trustee5 work constantly io address these risks.
Statement of Trustees, Responslbllltles
Law applicable to charities in England and Wales requires the trustees to prepare financial statements
for each financial year which give a true and fair view of the charity and of the incoming resources and
application of resources of the Charity for that period. In preparing those financlal statements, the
trustees are required to..
select suitable acwunling policies and then apply them consistently.,
obsetve the methods and prlncip16s in the Charities SORP..
make judgements and estimates that are reasonable and prudent..
slate whether applicable accounting standards have been followed subject lo any material
departures disclosed and explained in the financial slalements.,
prepare the financial statements on the going concern basis unless it Is Inappropriate lo
presume that the charity will ¢ontinue in operation.
The trustees are also responsible for keeping proper accounting records which disclose with reasonable
accuracy al any time the financial position of the charity and which enable them ensure that the
financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Signed - Trustee
Print Name- Trustee
4 December2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
EAST KIRKBY MINERS WELFARE TRUST
I report to the Trustees on my examination of the accounts of the above named charity (registered no.
5222341 for the year ended 31 March 2024 which are sel out on pages S to 9.
Res
onsibilities and basis of re
ort
As the charity trustees you are responsible ft)r the preparation of the accounts in accordanGe wth the
requirements of the Charities Act 2011 {Ihe Act).
I repart in respect of my examination of the Trustees, accounts carried out under section 145 of the 2011
Act and in carying out my examination I have followed all the applicable directions given by the Charity
Commission under section 145{51{b} of the 2011 Act.
Inde
endent Examlner's Statement
I have completed my examination. l confirm that no material matters have come to my att8nlion in
connection wlh the examination giving m8 cause to believe that in any material respect..
(11 accounting records were not kept in respect of the Charity as required by section 130 of the Act., or
{2) the accounts do not accord wth those records., or
(31 the aGcounts do not comply with the applicable accounting requirements conc8rning 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, ￿lch is not a matter considered as
part of an independent examination.
I have no concerns and have come acr0$5 no other mattets in connection with the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be
reached.
4 DeGember 2024
J Wallage FCA
On behalf of CISWO (Trading) Ltd
The Old Rectory
Rectory Drive
Whiston
Rolherham
South Yorkshire
S60 4JG

EAST KIRKBY MINERS. WELFARE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Note
INCOME
Bar takings
8,801
18,560
Opening slock
Bar purchases
2.601
5,076
2,500
9,178
7,677
11,753)
11,678
12,601)
Less: Closing slo¢k
{5.924)
{9,077)
GROSS PROFIT ON BAR
2,877
9.483
Room hire and rental income
Sport and leisure facilities income
Café and buffet income
Utilities recharge income
Food Club income
Grants received
Other income
71,959
48,101
14,246
30,055
2,865
3,846
3,248
73.568
37.320
16.923
29.183
Total Income
176,997
167,026
enditure
Wages, NIC and penslon Contributions
Insurance
Water rates
Repairs and maintenance
Light and heat
Café and buffet expenses
Cleaning and hygiene
Telephone, stationery, postage and adverts
Accountancy
Legal and professional fees
Taxis, travel and other sundry expenses
Food Club costs
Depreciation
Loss on scrapping of old assets
46,575
8,498
1,972
27,191
49,075
5,833
4,047
3,545
1.045
908
1,262
1,910
35,085
82
45.405
7,536
1,016
17,501
54,885
6,306
3,127
3,797
1.006
747
1,681
35,398
1,617
Total Expenditure
1187,0261
1180,0221
Net (expenditure)
{10,029)
{12,996)
Total funds brought forward
657,197
670.193
Total funds carrled forward
647,168
657.197

EAST KIRKBY MINERS, WELFARE TRUST
BALANCE SHEET AS AT 31 MARCH 2024
NOTE
2024
2023
FIXED ASSETS
Tangible assets
501,950
537,117
CURRENT ASSETS
Stock
Debtors
Cash at bank and in hand
1.753
23,503
154,209
2,601
18.141
117,008
179,465
137,750
LESS: CURRENT LIABILITIES
Creditors falling due within one yèar
(34,2471
(17,670)
NET CURRENT ASSETS
145,218
120,080
TOTAL NET ASSETS
647,168
657.197
FINANCED BY:
Unrestricted Funds
647,168
657,197
The ff nancial slalemenls were approved by the trustees and signed on their behalf by..
Signed - Trustee
Print Name - Trustee
4 December 2024

EAST KIRKBY MINERS WELFARE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
(a) Basls of preparation and assessment of golng concern
The financial statements have been prepared under the histerirAI cost convention unless Otherwise
ststed in the relevant notes to these accounts. The financial statements have been prepared in
accordance wth the Statement of Recommended PractiGe.' Accountrng and Reporting by Charities
{FRS 1021, the Financial Reporting Standard (FRS 102) and the Charities Act 2011.
The trustees consider that th8re are no material uncertainties about the charity's ability to continue
as a going concern. The trustees hav8 a reasonable expectation that the charity has adequate
serves lo conb'nue in operational existencè for the foreseeable future. Accordingly the trustees
continue to adopt the going concern basis in the preparation of the accounts.
(b) Income Recognltlon
Income is recognised On￿ the Charity has entitlement to the income, il is probable that the income
11 be received and the amount of income receivable can be measured reliably.
Donations are recognised when they are received.
(c) Expendlture recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing Ihe charity to that expenditure. it is probable that settlement will be required and the
amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals
basis.
Id) Depreciation
Tangible fixed assets are shown at cost less accumulated depreciation. Depreciation is provided
at rates calculated to ￿te off the cost of each asset over its expecte¢J useful life at the followng
annual rates..
Land and buildings
Fixtures. fittings and equipment
Straight line basis over 25 years
20Yo reducing balance basis
200/0 slraighl line basis
1 OVO reducing balance basis
Allotment project assets

EAST KIRKBY MINERS, WELFARE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
Allotment
Pro
Assets
Freehold
Buildin
Flxtures &
Fittin
2. FIXED ASSETS
Total
Cost
At 1 April 2023
Additions
Disposals
1,680,036
36,943
8.250
1,725,229
12501
(2501
At 31 March 2024
1,680.036
36,693
8,250
1,724.979
De
reciatlon
At 1 April 2023
Charge for period
Eliminated
1,162.799
30,562
19,160
4,313
{168)
6.153
210
1,188,112
35,085
1168)
At 31 March 2024
1.193,361
23.305
6.363
1,223,029
Net Book Value
At 31 March 2024
486,675
13,388
1,887
501.950
Al 31 March 2023
517,237
17,783
2.097
537.117
Note
The Millenium Commission holds a charge over the property arising from granl funding given for
the constnjction of the building.
2024
2023
3. STOCK
Bar stocks
1,753
2.801
4. DEBTORS
Trade debtors - Sales ledger balances
Prepayments
Accrued income
2,863
8,403
12,237
7,840
1.906
8,395
23,503
18,141

EAST KIRKBY MINERS, WELFARE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
CASH AT BANK AND IN HAND
Current account
Deposit account
Cash in hand
57,818
96,291
300
30,777
85.931
300
154,209
117,008
CREDITOR
Amounts fallin
due withln one
ear
Trade Creditors - Purchase ledger balances
Accruals
VAT
Deferred grant- Food Club
Other creditors
12.238
3,101
5.096
5,384
8,428
2,868
6,570
1,605
6,627
34.247
17,670