2022-12-31-accounts - Florence Colliery Social Welfare Centre

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Florence Colliery Social Welfare Centre

Charity No. 522769

Trustees' Report and Unaudited Accounts

31 December 2022

Florence Colliery Social Welfare Centre Trustees Annual Report Contents

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

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2022.

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 B. Nettleton 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

Page 1

Florence Colliery Social Welfare Centre 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.

Page 2

Florence Colliery Social Welfare Centre Trustees Annual Report

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

We were shocked by the news that our longstanding Chairman had suffered a stroke in May. Whilst he began making a good recovery, he suffered some unrelated setbacks during the course of the year, but is determined to return to Florence and was attending the Rehabilitation Centre three times a week by the end of the year. We all wish him well and hope to see him resume his duties next year.

The Trustees had a major review of security this year, with a new CCTV system being installed, and all the bushes, trees and vegetation adjoining the driveway down to the pitches being trimmed back by the Loxley Hall team, for the first time since lockdown.

An excellent job was made of it and it improved security by opening up the view of the CCTV cameras, as well as improving observation generally.

A new hasp and padlock was fitted to the outdoor diesel tank, the front door lock had been replaced after the Council finished with the Covid Test Centre, and the padlocks on the garages and compound had been replaced with ones which were keyed alike, so reducing the number of keys to be carried. Lockable metal gates had been installed across the small garage entrances and door limiters had been purchased for the large garage doors.

Post-lockdown supply problems affected the acquisition of replacement grounds maintenance equipment.

The three new walk-behind mowers took nearly 9 months to arrived from China, after being ordered in 2021. Likewise, whilst the newly acquired John Deer ride-on mower was available for delivery, it was a while awaiting the mulcher which had been ordered with it. The old sit on mower was part exchanged for it.

ACHIEVEMENTS AND PERFORMANCE

After problems with unauthorised access to the MUGA (even when it had been locked), anti vandal/climb paint was on the upper parts (with suitable signage). This seemed to have dealt with the issue.

Likewise, ongoing site maintenance continued, with the MUGA markings being renewed and all the potentially dangerous deteriorating bottom kick boards had been removed, with all 140 bolts holding the main kick boards in place being renewed. Some rubber crumb had been spread on the MUGA, but more was needed.

All the wooden fence panels at the front and Highland Drive side of the site had been repainted over the summer. On the health & safety side, some electrical work had also been undertaken, following an electrical socket being broken in the changing room, and a new DPA compliant Accident Book was provided.

The staff situation was still difficult, with this being an ongoing issue since lockdown and many employees generally either having found other types of employment or (in the case of foreign workers) having returned to their home countries. A new cash recording system had been introduced, which had streamlined the former system and was working much more efficiently and speedily. The boiler in the changing rooms had given up the ghost towards the ewnd of the year, so there was no hot water. The problem was with ignition. The boiler had been in place since 2003 and the Trustees had earlier decided to replace it with a different system when the next problem occurred.

Wolstanton Reserves (who played in Division 1 of the Staffordshire Football League), joined Florence as their first team this season. Following a meeting with Belgrave Academy (across the road from the charity site), it had been agreed that further recreational activities would be introduced in due course, such as cricket, cross country, inter-school sports etc . The Academy could have free use of the MUGA, so long as their desired slots were not otherwise booked. Further maintenance this year involved the repainting of the main hall. The corridor area would be next, then the small function room – both to be completed in the first half of 2023. The Centre Manager had obtained a grant of £500 from Carlsberg, for junior football.

Page 3

Florence Colliery Social Welfare Centre Trustees Annual Report

There was an appeal during the year to renew and update the mining memorial on the premises, to all those who died working at Florence Colliery. The original memorial was painted, whereas the new one is to be inscribed on Welsh slate. Sufficient money was raised by a former miner who put out a Facebook appeal and it is hoped to have the new memorial in place in the main corridor of the charity building, next year. The Trustees wish to extend their thanks, once again, to their Centre Manger and his deputy, who have continued to “hold the fort” in the face of staff shortages and a busy programmed of functions. Likewise, we continue to appreciate greatly the collaboration with Loxley School and all the excellent work which their team carries out on the charity's grounds maintenance.

FINANCIAL REVIEW

The charity showed a deficit of £9,115 for the year from the day to day running of the Centre as opposed to a deficit of £8,065 in the previous year.

The financial position remains healthy with an increased turnover from both trade and sectional activities

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

Whilst there are uncertainties ahead, especially with utility costs and the “cost of living crisis”, we have had another successful year and are hopeful that Florence will continue to offer its services to the local community for many years yet. One worrying development is the possibility of onerous duties and responsibilities being placed on volunteers by government proposals in the wake of the Manchester Arena bombing, which on the face of it appear to be a distraction effort to avoid addressing the real issues of emergency services underperforming due to an excessive concern for health & safety in life or death situations – and of course for the government to be “seen to be doing something”. We hope that our “umbrella” body, CISWO, will be lobbying and responding to any consultation on the issue, since it might threaten the survival of miners' welfare facilities (as well as village halls and community centres) all across the country.

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.

The arrangements for setting the pay and remuneration of the charity's key personnel...

Page 4

Florence Colliery Social Welfare Centre Trustees Annual Report

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).

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 27 October 2023

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 2022.

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').

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

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of Association of Accounting Technicians.

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:

the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.

Kerry Davies Association of Accounting Technicians Burnt Orange Accounting Ltd Trent House 234 Victoria Road

Fenton Stoke on Trent ST4 2LW 27 October 2023

Page 6

Florence Colliery Social Welfare Centre Statement of Financial Activities for the year ended 31 December 2022

		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
		2022	2022	2022	2021
	Notes	£	£	£	£
Income and endowments
from:
Donatons and legacies	3	750	925	1,675	1,890
Charitable actvites	4	35,850	-	35,850	21,307
Other trading actvites	5	220,248	-	220,248	86,306
Other	6
Total
Expenditure on:
Raising funds	7
Charitable actvites	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
Reconciliaton of funds:
Total funds brought forward
Total funds carried forward

8,190 1,850 10,040 55,515	8,190 1,850 10,040 55,515	8,190 1,850 10,040 55,515	8,190 1,850 10,040 55,515
265,038 2,775 267,813 165,018 161,745 - 161,745 78,139 14,779 - 14,779 4,853 99,479 925 100,404 90,091
276,003	925	276,928	173,083

Page 7

Florence Colliery Social Welfare Centre

-	- -	- -	-
(10,965) -	1,850 (9,115) - -		(8,065) -
(10,965)	1,850 (9,115)		(8,065)
(10,965) 368,647	1,850 (9,115) - 368,647		(8,065) 376,713
357,682	1,850	359,532	368,648

	2022 £ 263,484 263,484 14,122 22,564 112,737 149,423 (17,130) 132,293 395,777 (36,246) 359,531 1,850		2021 £ 299,379 299,379 9,777 19,671 110,086 139,534 (20,306) 119,228 418,607 (49,957) 368,650
			- -

Page 8

Florence Colliery Social Welfare Centre

Florence Colliery Social Welfare Centre
Unrestricted funds 17 General funds Designated funds Reserves 17 Total funds Total net assets	1,850 347,325 10,357 357,682 359,532 359,531	362,499 6,148 368,647
		368,647
		368,650

Approved by the trustees on 27 October 2023 And signed on their behalf by:

P.W. Bailey (Chairman) Trustee 27 October 2023

Page 9

Florence Colliery Social Welfare Centre Notes to the Accounts

for the year ended 31 December 2022

1 Accounting policies

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

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

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 10

Florence Colliery Social Welfare Centre Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

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:

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

Equipment

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

Page 11

Florence Colliery Social Welfare Centre Notes to the Accounts

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.

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.

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.

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.

Page 12

Florence Colliery Social Welfare Centre Notes to the Accounts

2 Statement of Financial Activities - prior year

Income and endowments from: Donatons and legacies Charitable actvites Other trading actvites Other Total Expenditure on: Raising funds Charitable actvites Other Total Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliaton of funds: Total funds brought forward Total funds carried forward 3 Income from donatons and legacies Unrestricted Restricted £ £ Donatons 750 925 4 Income from charitable actvites 750 925 Unrestricted £ Sectonals - Designated Funds 35,850	funds 2021 £ 1,890 21,307 86,306 55,515 165,018 78,139 4,853 90,091 Unrestricted 173,083 (8,065) (8,065) 376,713 368,648 Total 2022 £ 1,675 1,675 Total 2022 £ 35,850	Total funds 2021 £ 1,890 21,307 86,306 55,515 165,018 78,139 4,853 90,091 173,083 (8,065) (8,065) 376,713
		368,648 Total 2021 £ 1,890 1,890 Total 2021 £ 21,307

Page 13

Florence Colliery Social Welfare Centre Notes to the Accounts

35,850 35,850 21,307

Net income

(8,065) (8,065)

Page 14

Florence Colliery Social Welfare Centre Notes to the Accounts

			Unrestricted	Total	Total
				2022	2021
			£	£	£
	Funds generated from commercial operatons		187,024	187,024	75,276
	Social actvites		33,119	33,119	10,810
	Interest receivable		105	105	220
			220,248	220,248	86,306
6	Other income
		Unrestricted	Restricted	Total	Total
				2022	2021
		£	£	£	£
	Grants	8,190	1,850	10,040	55,515
		8,190	1,850	10,040	55,515
7	Expenditure on raising funds
			Unrestricted	Total	Total
				2022	2021
			£	£	£
	Costs of generatng voluntary
	income
	Donatons		229	229	-
	Fundraising trading costs
	Funds generated from commercial operatons		160,782	160,782	77,935
	Social actvites		734	734	204
			161,745	161,745	78,139
8	Expenditure on charitable actvites
			Unrestricted	Total	Total
				2022	2021
			£	£	£
	Expenditure on charitable
	actvites
	Sectonals - Designated		14,479	14,479	4,553
	Funds

Page 15

Florence Colliery Social Welfare Centre Notes to the Accounts

	Governance costs
	Secretary's Expenses	300	300	300
		14,779	14,779	4,853
5	Income from other trading actvites

Page 16

Florence Colliery Social Welfare Centre Notes to the Accounts

			Unrestricted	Restricted	Total	Total
					2022	2021
			£	£	£	£
	Bank loan and overdraf interest payable		731	-	731	477
	Employee costs		352	-	352	135
	Motor and travel costs		372	-	372	42
	Premises costs		23,633	925	24,558	22,205
	Amortsaton, depreciaton,
	impairment, proft/loss on		47,958	-	47,958	46,119
	disposal of fxed assets
	General administratve costs		17,130	-	17,130	13,600
	Legal and professional costs		9,303	-	9,303	7,513
			99,479	925	100,404	90,091
10	Net expenditure before transfers
				2022		2021
	This is stated afer charging:			£		£
	Depreciaton of owned fxed assets			47,930		52,052
11	Staf costs
	No employee received emoluments in excess of £60,000.
12	Tangible fxed assets
		Changing Land and Rooms & buildings Astroturf		Fixtures, Furniture &	Stand & Recreatonal	Total
			Facility	Equipment	Equipment
		£	£	£	£	£
	Cost or revaluaton
	At 1 January 2022	298,821	658,651	156,381	101,556	1,215,409
	Additons	-	-	7,059	5,004	12,063
9	Other expenditure
	Disposals	-	-	-	(1,462)	(1,462)
	At 31 December 2022	298,821	658,651	163,440	105,098	1,226,010
	Depreciaton and
	impairment
	At 1 January 2022	130,904	553,808	136,183	95,135	916,030
	Depreciaton charge for the year	4,198	32,933	6,906	3,893	47,930
	Disposals	-	-	-	(1,434)	(1,434)
	At 31 December 2022	135,102	586,741	143,089	97,594	962,526
	Net book values
	At 31 December 2022	163,719	71,910	20,351	7,504	263,484
	At 31 December 2021	167,917	104,843	20,198	6,421	299,379

Page 17

Florence Colliery Social Welfare Centre Notes to the Accounts

Raw materials and consumables 14Debtors Trade debtors Other debtors Prepayments and accrued income 15Creditors: amounts falling due within one year Trade creditors Other taxes and social security Accruals 16Creditors: amounts falling due afer more than one year Bank loans and overdrafs Other loans 13Stocks	2022 2021 £ £ 14,122 9,777 14,122 9,777 2022 2021 £ £ 7,056 600 10,219 10,209 5,289 8,862 22,564 19,671 2022 2021 £ £ 8,334 17,579 3,275 910 5,521 1,817 17,130 20,306 2022 2021 £ £ 23,424 33,424 12,822 16,533 36,246 49,957

Page 18

Florence Colliery Social Welfare Centre Notes to the Accounts

17 Movement in funds

Total Restricted funds: Restricted income funds: Bowling Club Other Total Unrestricted funds: General funds Designated funds: Bowling Club Football Club Room Hire Pitch Hire Other	At 1 January 2022 ~~-~~ 6,148 368,647 - - 362,499 6,148 - - - -	Incoming resources (including other gains/losses ) £ ~~69,719~~ ~~2,775~~ 267,813 925 1,850 195,319 5,202 32,241 12,308 18,644 1,323	Resources expended £ ~~(925)~~ (34,835) (276,928) (925) - (241,168) (5,235) (29,600) - - -	At 31 December 2022 £ ~~1,850~~ 10,357 359,532 - 1,850 347,325 1,546 8,810 - 0 -

Total funds

Purposes and restrictions in relation to the funds: Restricted funds: Bowling Club Other Designated funds: Bowling Club Football Club Room Hire Pitch Hire Other

Unrestricted Total funds £ £

Page 19

Florence Colliery Social Welfare Centre Notes to the Accounts

Florence Colliery Social Welfare Centre Notes to the Accounts
Fixed assets Net current assets Creditors due in more than one year and provisions 19Reconciliaton of net debt Cash and cash equivalents Borrowings Bank loans 18Analysis of net assets between funds Net debt	At 1 January 2022 £ 110,086 110,086 (16,533) (33,424) (49,957) 60,129	263,484 132,293 (36,246) 359,531 Cash fows £ 2,651 2,651 3,711 10,000 13,711 16,362	263,484 132,293 (36,246) 359,531 At 31 December 2022 £ 112,737 112,737 (12,822) (23,424)
			(36,246)
			76,491

Page 20

Florence Colliery Social Welfare Centre

Cash fows from operatng actvites
Net expenditure per Statement of Financial Actvites
Adjustments for:
Depreciaton of property, plant and equipment
Loss/(Proft) on disposal of tangible fxed assets
Dividends, interest and rents from investments
Other gains/losses
Increase in stocks
Increase in trade and other receivables
(Decrease)/Increase in trade and other payables
Net cash provided by/(used in) operatng actvites
Cash fows from investng actvites
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash (used in)/from investng actvites
Cash fows from fnancing actvites
Repayment of borrowings
Net cash used in fnancing actvites
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
Components of cash and cash equivalents
Cash and bank balances
Statement of Cash fows for the year
ended 31 December 2022

2022
2021
£
£
(9,115)
(8,065)
47,930
52,052
28
(5,933)
(10,040)
(55,515)
-
-
(4,345)
(2,636)
(2,893)
(4,437)
(3,176)
13,557
18,389
(10,977)
(12,063)
(3,522)
10,040
55,515
(2,023)
57,926
(13,711)
(15,576)
(13,711)
(15,576)
2,655
31,373
110,086
78,713
112,741
110,086
112,737
110,086
112,737
110,086

Page 21

Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities

Unrestricte d funds Restricted funds Total funds 2022 2022 2022 Income and endowments from: Donatons and legacies £ £ £ Donatons 750 925 1,675 Charitable actvites 750 925 1,675 Sectonals - Designated Funds 35,850 - 35,850 Other trading actvites 35,850 - 35,850 Funds generated from commercial operatons 187,024 - 187,024 Social actvites 33,119 - 33,119 Interest receivable 105 - 105 Other 220,248 - 220,248 Grants 8,190 1,850 10,040 8,190 1,850 10,040 Total income and endowments Expenditure on: Costs of generatng donatons and legacies 265,038 2,775 267,813 Donatons 229 - 229 Costs of other trading actvites 229 - 229 Funds generated from commercial operatons 160,782 - 160,782 Social actvites 734 - 734 161,516 - 161,516 Total of expenditure on raising funds Charitable actvites 161,745 - 161,745 Sectonals - Designated Funds 14,479 - 14,479 Governance costs 14,479 - 14,479 Secretary's Expenses 300 - 300 300 - 300 Total of expenditure on charitable 14,779 - 14,779 for the year ended 31 December 2022
	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

Page 22

Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities activities

Other expenditure Bank loan and overdraf interest payable Employee costs Staf training Motor and travel costs Travel and subsistence Premises costs Rent Rates Premises repairs and maintenance General administratve costs, including depreciaton and amortsaton Depreciaton of land and buildings Depreciaton of Changing Rooms & Astroturf Facility Depreciaton of Fixtures, Furniture & Equipment Depreciaton of Stand & Recreatonal Equipment Loss on disposal of tangible fxed assets Bank charges General insurances Postage and couriers Sofware, IT support and related costs Statonery and printng Subscriptons Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Net gains on investments	731 731 352 352 372 372 107 7,440 16,086 23,633 47,930 ~~-~~ - - 28 459 ~~5,680~~ ~~17~~ 584 204 2,767 6,392 1,027 65,088 9,303 9,303 99,479 -	- - - - - - - - 925 925 - ~~-~~ - - - - ~~-~~ ~~-~~ - - - - - - - - 925 -	9,303 9,303 100,404 276,928 731 731 352 352 372 372 107 7,440 17,011 24,558 47,930 ~~-~~ - - 28 459 ~~5,680~~ ~~17~~ 584 204 2,767 6,392 1,027 65,088 -

				477
				477
				135
				135

				42
				42


				89 6,221 15,895
				22,205


				4,306
				~~32,933~~
				5,866 8,947
				(5,933)
				341 ~~5620~~
				~~,~~ ~~36~~
				629 296 3,261 2,645 772
				59,719
				7,513
				7,513

				90,091
				-

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Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities

(10,965) 276,003	1,850 925	(8,065) 173,083

(10,965) - 368,647 357,682 (10,965)	1,850 - - 1,850 1,850	(8,065) - 376,713 368,648 (8,065)

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