OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Burnt Orange Accounting Ltd

18 October 2022

Lightwood Road Longton Stoke on Trent ST3 2JS Florence Colliery Social Welfare Centre

Dear ,

Accounts for Period ended 31/12/2021

Please find attached final accounts for Florence Colliery Social Welfare Centre for the period ended 31/12/2021.

Please review the attached carefully and if you are happy that the accounts can be approved please sign where indicated and return the signed documents to this office.

Please do not hesitate to contact us if you have any queries.

Yours sincerely,

Kerry Davies

Trent House 234 Victoria Road, Fenton, Stoke on Trent, Staffordshire, ST4 2LW Telephone: 01782 660875 Mobile: 07974 1546925 Email Address: kerry.davies@burntorangeaccounting.co.uk

Florence Colliery Social Welfare Centre

Charity No. 522769

Trustees' Report and Unaudited Accounts

31 December 2021

Florence Colliery Social Welfare Centre Contents

Pages
Trustees' Annual Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Statement of Cash flows 18
Notes to the Accounts 9 to 17
Detailed Statement of Financial Activities 19 to 21

Page 1

Florence Colliery Social Welfare Centre Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 522769

Principal Office

Lightwood Road Longton Stoke on Trent Staffordshire ST3 4JS

Trustees

The following trustees served during the year:

P.W. Bailey (Chairman) K.C. Kelly P.T. Sherratt

Key Management Personnel

Secretary P T Sherratt Treasurer M A Cooper

Accountants

Burnt Orange Accounting Ltd Trent House 234 Victoria Road Fenton Stoke on Trent ST4 2LW

Bankers

Barclays Bank Plc Potteries Business Centre Town Road Hanley Stoke on Trent ST1 2PJ

OBJECTIVES AND ACTIVITIES

The charity is constituted by a Scheme dated 24 February 2005 and was registered with the Charity Commission on 28 June 1962 with the number 522769.

Its objects are to provide a recreation ground and institute for the benefit of the inhabitants of the surrounding area, particularly (but not exclusively) those who are members of the mining community.

The Trustees have referred to the Charity Commission guidance on public benefit when reviewing the charity's aims, objectives and activities.

Page 2

Florence Colliery Social Welfare Centre Trustees Annual Report

Various degrees of “Lockdown” only finally ended in the summer and the Centre finally re-opened for normal activities on Sunday 4th July 2021.

The Centre had been in use as a Covid Testing Centre run by Stoke on Trent City Council, from February 2021 throughout the remainder of the year and this provided a useful source of income whilst enabling us to continue to provide a local community service. Initially this was a five days a week operation, but towards the end of the year, it reduced to three days.

Upon re-opening, we expected hesitancy from the community in booking rooms and attending in numbers, but were proved wrong in both respects and a very healthy demand for the charity facilities recommenced immediately, accompanied by a strong resurgence in trading activity

We were contacted in the year by Stoke on Trent City Council, who were looking to move Polling Stations out of schools because of the potential disruption caused, and our friends at Belgrave Academy had recommended the charity premises for the purpose.

Following an inspection, we were placed on the list and understood that a final decision would be made towards the end of 2022.

Our Chairman was in discussion with Belgrave Academy regarding a possible extension of school sports activities on the site, to include things such as cross country running and possibly a long jump pit. Use in leagues by other schools was also discussed.

The very successful school allotment on site goes from strength to strength.

ACHIEVEMENTS AND PERFORMANCE

Thanks to our stalwart Centre Manager and his Deputy, we have (with some difficulty) been able to manage with very low staffing levels, having experienced the common problem in the hospitality sector, post-lockdown, of there being very few people now seeking that sort of employment.

Our regular community hirings for the band and the line dancing etc all survived lockdown and the line dancing expanded to two days per week to allow for some continuing degree of social distancing.

Likewise, our sporting sub-sections recommenced their activities and have remained bouyant, with all recreational facilities continuing to be well used.

On the grounds maintenance front, we undertook a rationalisation of the large amount of equipment which had been accumulated over the years and disposed of a fair amount, buying in some new equipment that would enable the Loxley Hall Team to best manage the maintenance requirement.

The sports pitches and the surrounding areas of the site are kept in excellent condition by the Team and again we extend our thanks for all their efforts – and in particular thank the continued hard work of the supervising Loxley staff.

During the year, the new headmaster at Loxley visited the site and this resulted in a press article in the Uttoxeter Post, which was favourable to both the charity and the school. Our collaboration is one of the rare cases where everyone involved, benefits greatly.

FINANCIAL REVIEW

The charity showed a deficit of £8,065 for the year from the day to day running of the Centre as opposed to a deficit of £57,282 in the previous year.

The financial position remained surprisingly healthy and we shall have no difficulty in commencing repayment instalments of the Government “Bounce Back” loan, at the appropriate time.

Page 3

Florence Colliery Social Welfare Centre Trustees Annual Report

There is no investment policy as such in place although the trustees retain the previously reported savings account with Hampshire Bank.

It is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity at a level to provide sufficient funds to cover anticipated administration and support costs for a period of 12 months. Any additional reserves are held to provide a capital fund for repairs that will be required for the upkeep of the premises.

The Trustees are aware of the operational and financial risks which the charity faces and regularly reviews those risks to mitigate against any adverse impact they may have on the charity. The major risks facing the charity are the continued success of the bar trading activities from which it derives its main funding, the support of individuals and the community in using the facilities and the introduction of the younger generation to provide for the future.

PLANS FOR FUTURE PERIODS

Following the end of year visit by the Club Insure representative, the Trustees decided to implement some additional security precautions, especially in relation to the outside garages and a replacement CCTV system.

Due to ongoing shortages of goods and materials, some of these are only likely to be completed in 2022 (as was the case with the ordering of some new grounds maintenance equipment), but matters are in hand. It is too early yet to make longer term plans, but initial indications are surprisingly encouraging.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Trustees who have served the charity during the year have been specified elsewhere. The Trustees are responsible for ensuring that the charity runs smoothly and that any problems are dealt with without delay.

The Trustee board is made up of equal numbers appointed by each nominating body (Coal Industry Social Welfare Organisation and National Union of Mineworkers), with provision for additional Trustees to be appointed by ”affiliated organisations” as defined in the charity’s Scheme.

Florence was the only miners’ welfare organisation in Britain which we are aware of, which actually celebrated the Centenary of the Miners’ Welfare Act 1920, which marked the beginning of statutory provision for miners’ welfare, with a levy of a penny a ton on coal mining royalties and the establishment of the Miners’ Welfare Commission. With the site being closed, this was confined to a poster on the roadside, explaining the significance of the occasion.

It is a matter of regret that our parent body, CISWO, did not see fit to recognise or mark this major anniversary in any way - and indeed, has actually removed all historical information from its website, giving the misleading impression that its origins date back only to 1995. Similarly, it was understood that CISWO’s former CEO had been offered a financial deal on retirement 4 years ago, to obtain a PhD from Sheffield University by producing a history of miners’ welfare in time for the Centenary, but nothing further has been heard about that since.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 4

Florence Colliery Social Welfare Centre Trustees Annual Report

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

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 financial statements giving a true and fair view, the Trustees should follow best practice and

Signed on behalf of the charity's trustees

P.W. Bailey (Chairman) Trustee 19 October 2022

Page 5

Florence Colliery Social Welfare Centre Independent Examiners Report

Independent Examiner's Report to the trustees of Florence Colliery Social Welfare Centre

I report to the trustees on my examination of the financial statements of Florence Colliery Social Welfare Centre for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

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 can 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:

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 financial statements to be reached.

Burnt Orange Accounting Ltd Trent House 234 Victoria Road Fenton Stoke on Trent ST4 2LW 19 October 2022

Page 6

Florence Colliery Social Welfare Centre Statement of Financial Activities

for the year ended 31 December 2021

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other
6
Total
Expenditure on:
Raising funds
7
Charitable activities
8
Other
9
Total
Net gains on investments
Net expenditure
10
Transfers between funds
Net expenditure before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds		 Total funds Total funds
2021 2021 2020
£ £ £
1,890 1,890 752
21,307 21,307 5,158
86,306 86,306 47,758
55,515 55,515 31,628
165,018 165,018 85,296
78,139 78,139 50,939
4,853 4,853 2,662
90,091 90,091 88,977
173,083 173,083 142,578
- - -
(8,065) (8,065) (57,282)
- - -
(8,065) (8,065) (57,282)
(8,065) (8,065) (57,282)
376,713 376,713 433,994
368,648 368,648 376,712

Page 7

Florence Colliery Social Welfare Centre Balance Sheet

at 31 December 2021

Charity No. 522769
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors:Amount falling due within one year
15
Net current assets
Total assets less current liabilities
Creditors:Amounts falling due after more than one year
16
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
17
Unrestricted funds
17
General funds
Designated funds
Reserves
17
Total funds		 2021
£
299,379
299,379
9,777
19,671
110,086
139,534
(20,308)
119,226
418,605
(49,957)
368,648
368,648
359,737
8,911
368,648
368,648		 2020
£
347,909
347,909
7,141
15,234
78,713
101,088
(6,751)
94,337
442,246
(65,533)
376,713
376,713
364,911
11,802
376,713
376,713

Approved by the trustees on 18 October 2022

And signed on their behalf by:

P.W. Bailey (Chairman) Trustee 19 October 2022

Page 8

Florence Colliery Social Welfare Centre Notes to the Accounts

for the year ended 31 December 2021

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

Florence Colliery Social Welfare Centre Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

useful life:
Leasehold property 2.5% reducing balance
Changing Rooms & Astroturf
Facility		 5% straight line
Fixtures, Furniture &
Equipment		 20% straight line
Stand & Recreational
Equipment		 50%, 20% or 5% straight line

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 10

Florence Colliery Social Welfare Centre Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Page 11

Florence Colliery Social Welfare Centre Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Other
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations		 Unrestricted
£
1,890
1,890		 Unrestricted
funds
2020
£
752
5,158
47,758
31,628
85,296
50,939
2,662
88,977
142,578
(57,282)
1
(57,281)
(57,281)
433,994
376,713
Total
2021
£
1,890
1,890		 Total funds
2020
£
752
5,158
47,758
31,628
85,296
50,939
2,662
88,977
142,578
(57,282)
1
(57,281)
(57,281)
433,994
376,713
Total
2020
£
752
752

Page 12

Florence Colliery Social Welfare Centre Notes to the Accounts

4 Income from charitable activities

Sectionals - Designated
Funds
5
Income from other trading activities
Funds generated from
commercial operations
Social activities
Interest receivable
6
Other income
Grants
7
Expenditure on raising funds
Costs of generating voluntary
income
Donations
Fundraising trading costs
Funds generated from
commercial operations
Social activities		 Unrestricted
£
21,307
21,307
Unrestricted
£
75,276
10,810
220
86,306
Unrestricted
£
55,515
55,515		 Total
2021
£
21,307
21,307
Total
2021
£
75,276
10,810
220
86,306
Total
2021
£
55,515
55,515		 Total
2020
£
5,158
5,158
Total
2020
£
40,203
7,529
26
47,758
Total
2020
£
31,628
31,628
Unrestricted
£
-
77,935
204
78,139		 Total
2021
£
-
77,935
204
78,139		 Total
2020
£
20
50,258
661
50,939

Page 13

Florence Colliery Social Welfare Centre Notes to the Accounts

8 Expenditure on charitable activities

Expenditure on charitable
activities
Sectionals - Designated
Funds
Governance costs
Staff Costs
Secretary's Expenses
9
Other expenditure
Bank loan and overdraft
interest payable
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 Net expenditure before transfers
This is stated after charging:
Depreciation of owned fixed assets
11 Staff costs
Salaries and wages
No employee received emoluments in excess of £60,000.		 Unrestricted
£
4,553
-
300
4,853
Unrestricted
£
477
135
42
22,205
46,119
13,600
7,513
90,091
2021
£
52,052
2021
-
-		 Total
2021
£
4,553
-
300
4,853
Total
2021
£
477
135
42
22,205
46,119
13,600
7,513
90,091		 Total
2020
£
227
1,216
1,219
2,662
Total
2020
£
-
1,259
79
13,716
58,347
9,332
6,244
88,977
2020
£
58,347
2020
1,259
1,259

Page 14

Florence Colliery Social Welfare Centre Notes to the Accounts

12 Tangible fixed assets

12 Tangible fixed assets
Land and
buildings
£
Cost or revaluation
At 1 January 2021
298,821
Additions
-
At 31 December 2021
298,821
Depreciation and
impairment
At 1 January 2021
126,598
Depreciation charge for the
year
4,306
At 31 December 2021
130,904
Net book values
At 31 December 2021
167,917
At 31 December 2020
172,223
13 Stocks
Raw materials and consumables
14 Debtors
Trade debtors
VAT recoverable
Other debtors
Prepayments and accrued income
15 Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals		 Changing
Rooms &
Astroturf
Facility		 Fixtures,
Furniture &
Equipment		 Stand &
Recreational
Equipment
£
99,380
2,176
101,556
86,188
8,947
95,135
6,421
13,192		 Total
£
1,211,887
3,522
£
658,651
-
658,651
520,875
32,933
553,808
104,843
137,776		 £
155,035
1,346
156,381
130,317
5,866
136,183
20,198
24,718
2021
£
9,777
9,777
2021
£
600
-
10,209
8,862
19,671
2021
£
17,579
910
1,215,409
863,978
52,052
916,030
299,379
347,909
2020
£
7,141
7,141
2020
£
-
440
10,000
4,794
15,234
2020
£
3,859
279
1,819 2,613
20,308 6,751

Page 15

Florence Colliery Social Welfare Centre Notes to the Accounts

16 Creditors:

amounts falling due after more than one year
Bank loans and overdrafts
Other loans
17 Movement in funds
At 1 January
2021
Incoming
resources
(including
other
gains/losses)
£
Restricted funds:
Unrestricted funds:
General funds
364,911
131,010
Designated funds:
Bowling Club
1,316
5,248
Football Club
1,042
17,950
Brass Band
1,020
-
Dance & Entertainment
1,011
-
Room Hire
3,931
2,654
Pitch Hire
3,482
7,371
Other
-
785
Total
11,802
34,008
Total funds
376,713
165,018		 2021
£
33,424
16,533
49,957
Resources
expended
£
(157,535)
(3,985)
(11,358)
-
-
-
-
(204)
(15,548)
(173,083)		 Gross
transfers
£
21,351
(468)
(833)
(1,020)
(1,011)
(6,585)
(10,853)
(581)
(21,351)
-		 2020
£
-
65,533
65,533
At 31
December
2021
£
359,737
2,111
6,800
-
-
0
0
0
8,911
368,648

Purposes and restrictions in relation to the funds: Designated funds: Bowling Club Football Club Brass Band Dance & Entertainment Room Hire Pitch Hire Other

Page 16

Florence Colliery Social Welfare Centre Notes to the Accounts

18 Analysis of net assets between funds

18 Analysis of net assets between funds
Fixed assets
Net current assets
Creditors due in more than one year and
provisions
19 Reconciliation of net debt
Cash and cash equivalents
Borrowings
Bank loans
Net debt		 Unrestricted
funds
£
299,379
121,076
(49,957)
370,498
At 1 January
2021
£		 Restricted
funds
£
-
(1,850)
-
(1,850)
Cash flows
£		 Total
£
299,379
119,226
(49,957)
368,648
At 31
December
2021
£
78,713 31,373 110,086
78,713
(65,533)
-		 31,373 110,086
(16,533)
(33,424)
49,000
(33,424)
(65,533)
13,180		 15,576
46,949		 (49,957)
60,129

Page 17

Florence Colliery Social Welfare Centre Statement of Cash flows for the year ended 31 December 2021

Cash flows from operating activities
Net expenditure per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Profit on disposal of tangible fixed assets
Dividends, interest and rents from investments
Other gains/losses
(Increase)/Decrease in stocks
(Increase)/Decrease in trade and other receivables
Increase/(Decrease) in trade and other payables
Net cash used in operating activities
Cash flows from investing activities
Proceeds from sales of property, plant and equipment
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash from investing activities
Cash flows from financing activities
Repayment of borrowings
Net cash (used in)/from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2021
£
(8,065)
52,052
(5,933)
(55,515)
-
(2,636)
(4,437)
13,557
(10,977)
5,933
(3,522)
55,515
57,926
(15,576)
(15,576)
31,373
78,713
110,086		 2020
£
(57,281)
58,347
-
(31,628)
-
4,525
2,679
(16,891)
(40,249)
-
(873)
31,628
30,755
46,385
46,385
36,891
41,822
78,713
Components of cash and cash equivalents
Cash and bank balances 110,086 78,713
110,086 78,713

Page 18

Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities

for the year ended 31 December 2021

Income and endowments from:
Donations and legacies
Donations
Charitable activities
Sectionals - Designated Funds
Other trading activities
Funds generated from
commercial operations
Social activities
Interest receivable
Other
Grants
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Donations
Costs of other trading activities
Funds generated from
commercial operations
Social activities
Total of expenditure on raising
funds
Charitable activities
Sectionals - Designated Funds
Governance costs
Staff Costs
Secretary's Expenses
Total of expenditure on charitable
activities		 Unrestricted
funds
2021
£
1,890
1,890
21,307
21,307
75,276
10,810
220
86,306
55,515
55,515
165,018
-
-
77,935
204
78,139
78,139
4,553
4,553
-
300
300
4,853		 Total funds
2021
£
1,890
1,890
21,307
21,307
75,276
10,810
220
86,306
55,515
55,515
165,018
-
-
77,935
204
78,139
78,139
4,553
4,553
-
300
300
4,853		 Total funds
2020
£
752
752
5,158
5,158
40,203
7,529
26
47,758
31,628
31,628
85,296
20
20
50,258
661
50,919
50,939
227
227
1,216
1,219
2,435
2,662

Page 19

Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities

Other expenditure
Bank loan and overdraft interest
payable
Employee costs
Salaries/wages
Staff training
Motor and travel costs
Travel and subsistence
Premises costs
Rent
Rates
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Changing Rooms
& Astroturf Facility
Depreciation of Fixtures,
Furniture & Equipment
Depreciation of Stand &
Recreational Equipment
Profit on disposal of tangible
fixed assets
Bank charges
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments		 477
477
-
135
135
42
42
89
6,221
15,895
22,205
4,306
32,933
5,866
8,947
(5,933)
341
5,620
36
629
296
3,261
2,645
772
59,719
7,513
7,513
90,091
173,083
-		 477
477
-
135
135
42
42
89
6,221
15,895
22,205
4,306
32,933
5,866
8,947
(5,933)
341
5,620
36
629
296
3,261
2,645
772
59,719
7,513
7,513
90,091
173,083
-		 -
-
1,259
-
1,259
79
79
67
2,977
10,672
13,716
4,416
32,933
6,455
14,543
-
204
5,718
23
324
245
465
1,743
610
67,679
6,244
6,244
88,977
142,578
-

Page 20

Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities

Net expenditure
Transfers between funds
Net expenditure before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 (8,065)
-
(8,065)
-
(8,065)
376,713
368,648		 (8,065)
-
(8,065)
-
(8,065)
376,713
368,648		 (57,282)
1
(57,281)
-
(57,281)
433,994
376,713

Page 21