BIGNALL END MINERS, WELFARE INSTITUTE AND RECREATION GROUND TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER2024 Charbty number: 522607 CONTENTS Page 3-4, Trustees. registered office and advisors 3-9. Trustees, annual report 10-11, Independent examiners report 12, stst8ment of financial activitie8 13, Statement of financial posltion 14-21, Notes to the financial statements Trustees Report for the Year Ended 30th November 2024 The trustees p￿sent their annual report an(J financial ststements for the year ended 30th November 2024. The financial ststements comply with the Charitie8 Act 2011 and Accounting and Reporting by Ch8rities: St8tement of Recommended Practice applicable to charities preparingtheir accounts in accordance with FRS102. TRusfEES: JG Myatt P Peake J Simpson J Copnell M Peake INDEPENDENT EXAMINER: TA Maddox MAAT Maddox Accountancy 74 Church Street Audley Stoke on Trent ST7 8DA SOUCITORS: Knight & Sons The Brampton Newcastle Staffordshire ST5 OET BANKERS: The Co-op Bank 1 Angel Square Manchester M60 OAG SECRETARY; Mrs M Peake Charity Information Name: Bignall End Mlners'weltsre Institute and Recreation Ground Charity Number: 522607 Princlpal Office: Boon Hlll Bignalt End Stoke on Trent ST7 8LA Trustees and Advisers The names of the trustees 8nd details of the charity's advisers are given on page 3 & 4 Statement of Trustees Responsibilities The following statement. which should be read in conjunction wlth the statement of the Independent Examiners respon8ibitrtie8 included in the Independent Examiners Report, is made with a view to distinguishing the respective responsibilities of the trustees and the Independent Examiner in relation to the accounts. The Charities Act 2011 requlres the trustees to keep Proper books of 8ccounts with respect to the affair5 Of the charity and to prepare ststements of accounts for each financial year. The trustees also have the respon8ibilrty lor safeguarding the charity'8 assets and consequently for taking reasonable 8tep8 for the prevention and detectlon of error. fraud and other irreguiariti88. In preparing the accounts the trustees 8re expected to: . Select 8Uit8ble accountlng policies and applythem conslstently, making judgments and estimates th8t are reason8ble and prudent. Follow the recommendation of the Charity Commission and of the accountlng profession with regards to the form and contents of the accounts and to disclose and explain any departure from them. Prepare the accounts on a going concern b8Si8 unle88 it 18 not appropriate to presume that the charity will contlnue Its activities. Governance Bignall End Cricket Cub and Miners. Wetfare Institute is an unincorporated body constitute8 by a Trust D8ed. The governing document of the scheme 18 dated 15th November 2004. Management of the Charity Is vested in the Management Committee who hold regular meetings. New trustees are 8ppointed by the Management Committee Objectlves 8nd Activities The princip81 object of the Bignall End Cricket Club and Miners'Welf8re Institute contlnue8 to be the provlsion of facilities for such forms of phy8icaL exercise, recreation and Other leisure time oc¢up8tlon. 8$ are conductlve to the improvements of the conditions of Ilving of the inhabitants of the di8trict of Bignall End 8nd the neighbourhood thereof and in particular (but not exclusively) such of the said inhabitants as are member of the mining community. In setting out our objectives and planning our activities, the Trustees have glven c8reful consideration to the Charity Commission general guidance on public benefit. Achievements and perfonnance Cricket Season The first team achieved a notsble promotlon to the Premler League B after coming close the previous se880n. It'8 been a whlle slnce we played at this level & we know it will be difficult. but we are Looking forw8rd to testing ourselves at this higher standard. We do not operate on a large cricket budgot & th8re are Clubs 8t this level that pay out Sizeable amounts of money. Ourtirst aim is just to survive this first season & go forward from there. The second Team 8gain battled extremely hard in a very competitive dmsion against many other clubs first teams and so it was bound to be difficult. That they survive(J again is of great credit to them. Oursundayside 3rd Team won the B8ileyShield in a re81ly excitingfinal at Newcastle & Hartshill coming back from what looked a hopeless position to win the game in the last over. We continueto try& develop ourjuniorsection &watching ourjunior slde is greatfun & when the U13's play on a Sunday morning Michael Moulton has organised a great 'Breakfast' Team producing the fulL montywhich is worth going up to the Club just to sample- & a lot of people dol Income & Expenditure For the Financial Year ending 30th November 2024 gros5 Charitable income was recorded as £63k {2023: £81 k) from donatlons & other trading activities. Included w89 Glft Aid of £18k from the Social Club (2023: £15k}. With the 8ver-Increasing costs of utilities not retiected in the rent charged to the Soclal Club and increased depreciation charges, the overall results Indic8te a loss of £10k in this year's accounts (2023: loss of £13k). The Soc18l Club contlnues to thrive, contSnuing with reduced profit margins 83 we have continued to try and keep drinks price increases to a minimum. Thls has resulted. along viith increases in wagos, in reduced profitably. Howev8r, this year the gift aid receipt Is m8rgin8lly higher than last year. So turnover is down in comparison to 2023 by £21 k. However, profltability has Incfeased from 2023 and moving In the right direction. 2025 promise8 to be back at more'normal, levels. The team have striven to increase the number of functionswhich drive turnover and profitably and with innovations 8uch a8 the Tuesday club and the Thursday quiz night, Bikers Weekend. and the Beer Festival a further increase in profit is forecast. Facilities Our improved facilities including Changing Rooms. Nets (& a new roll-on Net), Sight Screens & such meant we were given a Staffordshire Cricket First Team Cup game at the Club. It was Staffordshire v Suffolk & it attracted cricket fans from all over. Bob Taylor lex-Engiand Wicket Keeper & former Bignalt End player) was our guest of honour & a good day was had by all & our catering volunteer8 worked their socks off. Thanksto allof you. Memorial Garden The garden ha8 now grown up & it is becoming a very popular place for spectators & also acting as a beer garden when there18 no cricket h8ppening. When the weather is good It Is a great spot from which to watch the world go by either wlth friends or alone. Clubhouse l am movingfornard a blt from the end of November 2024 because we have also succeeded In gettlng a grant to improve the seating & decoration In the Club & get some new Banqueting Chairs for the Function Room. The work is not yet completed & we will Involve members in any decislons regarding displaylng our old photos & momentous in the be8t manner. It's good to mov8 forward In a more modern way but we must not forget our hlstory & where we came from especially as it Is our 150th Anniversary in 2025 Solar A lot of hard work went into getting another grant from Walley's Quarryfor Solar Panet8. Our initlai requestwasturned down, but we dld getfundingfor42 solar panels &this has feduced our electricity charges considerably in the Clubhou$8. Reserve Policy Bignall End Cricket Club and Institute WILI hold reserves to act as a cushion against any shortfall in fevenua and to continue to fulfil its charitable purposes. The Trustees review th8 reserves pollcy annually and alm to maintain reserves at the level of one year s support cost8 h8ve due regard to uncertalnties relating to future levels of funding. Employees Bignall End Cricket Club has no employees {2023: nil) FOR AND BEHALF OFTHE TRUSTEES JD Myatt Date.. i a/4/Zf Independent Examlners Report to the Trustees of Bignau End MlnerJ>Welfare Institute and Recreation Oround I report on the accounts of the Charity for the year ended 30th November 2024 Respective Responsibilitles of Trustees and Examinei The Charity Trustees are responsible for the preparation of the accounts. The Charty's trustees con8ider that an audit is not required for this year under sectlon 144(2) of the Charities Act 2011 (the 2011Act) and that an Independent examinatlon is needed. It is my re8ponslbilityto: Examine the accounts under section 145 of the 2011 Act Follow the procedures l8id down in the General Difections given by the Charity Commission under section 145{5)(b) of the 2011 Act and State whether particular matters have come to my attentlon Basis of the Independent Ex8mlner's Statement My examinatlon was carrled out in accordance with the General Directions glven by the Charlty Commlssion. An examinatlon includes consideration of the accounting records kept by the charity and a comparlson of the accounts presented with those records. It 8Lso includes consideration of any unusual items or disclosures in the accounts, and seeking explanation ft)rm the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is ￿Ven as to whether the accounts represent a true 8nd falr view and the report Is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination. no matter has cometo my attention: Which gives me ￿asonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act and to prep8re accounts whlch accoTd with the accounting record comply with the accounting requirements of the 2011 Act have not been met.. or {a} (b) to which, in my opinlon. attention should be drawn to enable a propér under8t8ndlng of the accounts to be reached. Tracy Maddox MA4T (Accountant) Maddox Accountancy Date: STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 November 2024 Notes Unrestricted funds Unrestricted funds 2024 2023 Income Donations & Legacies Income from Charitable activities 18,051 47.341 Amorti88tion of Grant 11,958 10,626 Other Trading Activitle8 32.202 22.951 Interest Income 185 Gr088 income Expenditure Ch8rltable actlvlties Governance C08t8 {0} (976) Total Expenditure {72,832) (93.295) Net Incomel(expendlturel Net movement In funds (9.753) (13,168) Reconciliation of funds Totslfunds brought forward 10 103,938 117,106 Net movernent in funds (9.753) (13,168) Total funds carrled forward 10 STATEMENT OF FINANCIAL POSITION as at 30 November 2024 Note8 Totalfunds Totalfunds 2024 2023 Tangible Fixed Assets Current asset8 248,311 265,920 Other Debtors and Prepayments 7 Cash at bank 8nd in hand 19,331 993 27,222 35.178 Current Ilabilities 46,553 36,171 Creditors (55,169) (40,685) Net current 8S8ets Credltors: Falllng due after more (145.540) {157,498) than oneyear Net assets 10 The funds of the charity: Unrestrlcted income funds 94.185 103.908 Total charityfunds The fin8ncial Statements were approved by the Trustees on 13th June 2024 and signed on its behalf by: JD Myatt Trustee NOTES TO THE FINANCIAL STATEMENTS for the yaar ended 30 Novémber 2024 Accounting Policies Basis of Preparation The financial Statements have been prepared under historical cost convention with items recognised at cost or transaction value unless othenNise stated in th8 relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Pr8Ctice: Accounting and Reporting by Charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland {FRS102) and with the CharftlesAct 2011. General Income Incom8 from the occupatlon8l licence gr8nted to Bignall End Soclal Club Lirnbted18 included in the Statement of FinanGial Activitie8 as it talis due. All other general income is recognlsed on receipt. Incomlng Re80urces Voluntsry Income including donations, grfts, legacles and grants that provide core funding or are of a general nature are recognised where there Is entitlement. certainty of receipt and the amount can be measured with SLrtficient reliabllity. Such income is only deferred when: The donor 8pecitied that the grant or donation, mu8t only be used in future 8ccountlng perlods or. the donor h88 imposed condition8. whlch must be met before the charity has uncondltional entitlement. Incorne from trdding activities is recognised as earned (88 related goods and services are provided). Investment income is recognised on 8 receivable basis. Resources expended Resources expended have been included in the financial statements when an obtigation to transfer value to a third party has been entered into. Allocation of expenditure Expenditure is allocated on the following basis.. Expenditure wholly incurred on actlvities falling with each category 18 charged direct. b) Governance costs are allocated to the charity s sole charitable activity Income as the amount in respect of other income is considered to be negligible. Tangible F￿ed Asset8 Depreciation is provided at the following annuBI rates in order to write off each asset over it5 8Stim8ted useful life. Land & Buildings Nil Cricket Ground improvement Nil Equipment and other assets 5%-15%oncost Scorebox 4% on cost Grants Grants relating to revenue shall be recognised In income on a systematic basis over the periods in which the related costs forwhich the grant is intended to compensate. Where grants are received tor the general operation of the charity and not for compensation against specific expenses. the revenue 8h8U be ￿cOgnised in the period the grant wa8 recetved. Grants relating to expenditure on tangible fixed assets are Gredited to tumover at the Same rate as the depreciation on the assets to which the grant relates. The deferred element of the grants is included in creditors. Fund accounting General funds are unrestricted which are available to use at the discretion of the trustees Sn furtherance of the gener81 objectlves of the company and which have not been designated for other purpose8. Restricted funds are fund8 which are used In accordance with speclfic restrictions Imposed bydonor8. Those funds have been ralsed bythe charityfor particular purposes. The cost of raising and administering such funds are charged againstthe specific fund. There are no restricted funds held at 30th November 2024 or at any polnt In the current or comparative financial year. Going concern The Trustees have a reasonable expectation that the Charity has adequate resources to continue In operational existence for the fore8ee8bl8 future. For thls reason. the going concern basls continues to be used In the flnancial 8tatement8. Charitable Activities- Expenditure 2024 2023 Clubhouse Running Cost 33.335 42,672 Cricket Team Expenses 21.888 34.516 Depreciation 17.609 16.106 Governance Costs 2024 2023 Accountsncy Fees Income from Donations 2024 2023 Donatlon8 and Other Income 32,543 GiftAid from Bignall End Soclal Club 18,051 14,798 OtherTr8dlng Incom& 2024 2023 Government Coronavirus SUPPOrt grants received Income from other trading activities 32.202 22.951 Governance costs are allocated to the charivs sole charitsble activity income as the amount in respect of other income is considered to be negligible. Bignatl End Miners'welfare Institute & Recreation Ground Fixed Assets & Equipwt & Cri¢k¢t Ground At 1st D￿¢m￿¢r 2022 28.044 1(716 2TI.852 3.276 28.645 337.817 83217 Addit￿￿& Disposals At 3(tthNov¢rntw 2023 44.760 344J53 3,276 28.645 421.034 Deprt£iation As Isi DX¢m￿r2022 Chary for2022 EliminatioTr on Dispos AI 30th Novembw 2023 {IIOJ63) (16.IIXbl {28,645) (139,008) (16,106) {126.469) {2&645) {155.114) Depr¢¢iatto As 1st Dec¢mtr {126.469) 117,609) 44.760 2W275 3,276 265,920 (144,078) At 30th Nov¢mber2024 (144,078} Nd Book VaJu¢ 2024 44,760 44.760 2(K)275 3.276 248.311 Nei Book Value 2tr23 217.884 3276 265.920 N¢t Book 2022 28.IM4 167,489 3.276 198.809 The18nd at Bignall End belonging to the ch8rlty is vested in the Offlclal Custodlan for Charities under a deed dated 27th October 1981. All tangible flxed assets are held by the charity for its own use on direct charltable activities. No depreciation has been provided on the buildings or on improvements to the cricket grounds. It is the club's policy to maintsin these assets in a good state of repair resulting in a high residual value which eliminated the need for depreciation to be charged Debtors 2024 2023 Amount due from Blgnall End Cricket Club Other Debtors and Prep8yments Creditors.. amounts falllng due withln one year 2024 2023 Amount due to Blgnall End Cricket Club (46,572) {32,072) Accrual8 8nd deferred income 17,797) (8.0631 Eng￿n￿ and Wales Crlcket Trust Loan (550) {550) Creditors.. amounts falllng due after one year 2024 2023 Grant Received (Changing rooms) {119.344) {125.974) Grant Received {Nets) (26.196} (£31,524) Grant movement (145.540) (157,498) Grant Opening Balance (157,498) (132.604) Additions (35,520) Ammortisation 11.958 10.626 Dlsposals Closing balance 10. Funds 2024 2023 Unrestricted Unrestrlcted Funds Funds Total brought forward 103,938 117,106 Income 63,079 81,103 Expenditure (72,832) {94,271) 11. Trustee's Remuneration and Expenses No remuneration was paid or is payable for the yearto anytrustee or p8rson(s) known to be connected with them directly or indirectly out of the funds of the charity. No reimbursement of expenses has been m8de or is due to be made to any of the trustees durlng the year. 12. Related Party Transactions Rel8t8d party trans8Ctlons consi8t of the Gift Aid from Bignall End Soclal Club to the Charity (£18k; 2023: £15k) and movements in the intercompany loan balance (balance at 30th November 2024.. £47k., 2023: £32k). There have been no further related party transactions in the y88r ended 30th November 2024.