## **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... 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)
-
(10,965)
(10,965)
368,647
357,682
**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 liabilites**
**Creditors:**Amounts falling due afer more than one year
16
**Balance Sheet at 31**
**December 2022**
**Net assets excluding pension asset or liability**
**The funds of the charity**
**Restricted funds**
17
Restricted income funds|-|-
-|-
-|-| |---|---|---|---|---| ||(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
14**Debtors**
Trade debtors
Other debtors
Prepayments and accrued income
15**Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals
16**Creditors:**
amounts falling due afer more than one year
Bank loans and overdrafs
Other loans
13**Stocks**|**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
19**Reconciliaton of net debt**
Cash and cash equivalents
Borrowings
Bank loans
18**Analysis 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| |||||-| Page 23 **Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities** |**Total expenditure**
**Net expenditure**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliaton of funds:**
Total funds brought forward
**Total funds carried forward**
**Net expenditure before other**|(10,965)
276,003|1,850
925||(9,115)||(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)| |||||||| Page 24