Florence Colliery Social Welfare Centre
Charity No. 522769
Trustees' Report and Unaudited Accounts
31 December 2024
Florence Colliery Social Welfare Centre Trustees Annual Report Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Actvites | 6 |
| Balance Sheet | 7 |
| Statement of Cash fows | 16 |
| Notes to the Accounts | 8 to 15 |
| Detailed Statement of Financial Actvites | 17 to 19 |
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.
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) (Passed away 12 June 2024) K.C. Kelly (Resigned 29 August 2025) B. Nettleton L. Pugh P.T. Sherratt (Resigned 10 June 2024)
Key Management Personnel
Chair Thomas Sheehan Secretary Ann Nettleton Treasurer M A Cooper Centre Manager Mark Wooldridge Accountants
Burnt Orange Accounting Ltd Trent House 234 Victoria Road Fenton
Page 1
Florence Colliery Social Welfare Centre
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.
Page 2
Florence Colliery Social Welfare Centre Trustees Annual Report
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.
There were challenges during 2024 with the loss of our Chairman of 22 years also our secretary made the decision to retire during this year. On the loss of our Chaiman (Pete Bailey) no EGM was called and no new Chairman was appointed. For some time we were not curate with only Kevin Kelly and Brian Nettleton as Trustees.
During this year we seem to have undertaken a lot of maintenance work to the club, perhaps work which had lapsed during COVID. Work has been carried out to the rear garages to prevent them from being flooded.
Work to the gates to the back yard were repaired. Replacement of the rotten Calvert cover at the far end of the football pitch has been completed with a new lockable, hinged steel plated cover.
The main boiler in the flat and the boilers in the club and changing rooms have been serviced.
The main function room was painted and decorated and the Trustee are extremely pleased with the outcome. Thank you Mark (Centre Manager).
The Trustees are all to aware of the financial restraints on the local community which may impact on the number of bookings taken for our function rooms. The Trustees acknowledge our main funding comes from bar trading.
ACHIEVEMENTS AND PERFORMANCE
The Head Groundsman reported that Loxley Hall School team continue to do a marvellous job of maintaining the grounds, and the Trustees remain extremely pleased, however, he did announce that he would be retiring on 1st November 2024. Chairman of the football subsection confirmed he would take over the maintenance of the two football pitches.
Centre Manager reported the club continue to take bookings for parties, events etc. Visitors are extremely pleased with the new look of the function rooms with lots of positive comments.
The football and bowling subsections continue to go from strength to strength particularly the football with more local teams using our facilities.
The Stoke on Trent Scooter Club and the North Staffordshire Motorbike Club booked their annual rally for May 2024. Welcome back.
Belgrave Academy continue their use of the sports facilities having a sports day, fun day with inflatable equipment, football days and cricket days during the summer months.
FINANCIAL REVIEW
The charity showed a deficit of £23,492 for the year from the day to day running of the Centre as opposed to a deficit of £66,001 in the previous year.
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.
Page 3
Florence Colliery Social Welfare Centre
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
Ater the sad loss of our Chairman, Pete Bailey and the retirement of our Secretary Paul Sherratt, both in June of this year we were no longer curate, so had to focus on finding new trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trustees who have served the Charity during the year are Peter William Baliey (Chairman) who passed away 12th June 2024, Kevin Kelly (deputy chairman), Paul Sherratt - CISWO (Secretary) who retired 10th June 2024, Brian Nettleton - NUM, Helen Lanceley (Apparently Co-opted July 2024 although no proof of this has ever been seen) and Lee Pugh - CISWO (5th November 2024).
The Trustees are responsible for ensuring 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.
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 prepare the accounts on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
Signed on behalf of the charity's trustees
B. Nettleton Trustee 10 October 2025
Independent Examiners Report
Independent Examiner's Report to the trustees of Florence Colliery Social Welfare Centre
Page 4
Florence Colliery Social Welfare Centre Trustees Annual Report
I report to the trustees on my examination of the financial statements of Florence Colliery Social Welfare Centre for the year ended 31 December 2024.
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 .
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.
Burnt Orange Accounting Ltd Trent House 234 Victoria Road Fenton Stoke on Trent ST4 2LW 10 October 2025
Page 5
Florence Colliery Social Welfare Centre Statement of Financial Activities for the year ended 31 December 2024
Unrestricted
| Notes Income and endowments from: Donatons and legacies 3 Charitable actvites 4 Other trading actvites 5 Other 6 |
Notes Income and endowments from: Donatons and legacies 3 Charitable actvites 4 Other trading actvites 5 Other 6 |
Notes Income and endowments from: Donatons and legacies 3 Charitable actvites 4 Other trading actvites 5 Other 6 |
|---|---|---|
| 310,503 310,503 276,845 206,312 206,312 205,042 20,597 20,597 14,669 107,086 107,086 123,135 |
||
| 333,995 | 333,995 | 342,846 |
| - - - |
||
| (23,492) (23,492) (66,001) - - - |
||
| (23,492) (23,492) (66,001) |
||
| (23,492) (23,492) (66,001) 293,500 293,500 359,532 |
||
| 270,008 | 270,008 | 293,531 |
| Total Expenditure on: Raising funds 7 Charitable actvites 8 Other 9 Total Net gains on investments Net expenditure 10 Transfers between funds |
| funds | Total funds | Total funds |
|---|---|---|
| 2024 | 2024 | 2023 |
| £ | £ | £ |
| 495 | 495 | 1,864 |
| 57,595 | 57,595 | 39,519 |
| 251,748 | 251,748 | 233,910 |
| 665 | 665 | 1,552 |
Page 6
Florence Colliery Social Welfare Centre Notes to the Accounts 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
| 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 2024 Net assets excluding pension asset or liability The funds of the charity Restricted funds 17 Unrestricted funds 17 General funds Designated funds Reserves 17 Total funds Total net assets |
2024 £ 173,194 173,194 13,487 13,343 101,025 127,855 (22,966) 104,889 278,083 (8,076) 270,007 267,780 2,228 270,008 270,008 270,007 |
2023 £ 217,208 217,208 11,028 24,883 97,213 133,124 (33,744) 99,380 316,588 (23,057) 293,531 |
|---|---|---|
| 287,352 6,148 |
||
| ~~293,500~~ | ||
| 293,500 | ||
| 293,531 |
Page 7
Florence Colliery Social Welfare Centre Approved by the trustees on 10 October 2025
And signed on their behalf by:
- B. Nettleton
Trustee 10 October 2025
for the year ended 31 December 2024
- 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
| Fund accountng | |
|---|---|
| Unrestricted funds | These are available for use at the discreton of the trustees in furtherance of the |
| general objects of the charity. | |
| Designated funds | These are unrestricted funds earmarked by the trustees for partcular purposes. |
| Revaluaton funds | These are unrestricted funds which include a revaluaton reserve representng the |
| restatement of investment assets at their market values. | |
| Restricted funds | These are available for use subject to restrictons imposed by the donor or through |
| terms of an appeal. | |
| Income | |
| Recogniton of | Income is included in the Statement of Financial Actvites (SoFA) when the charity |
| income | becomes enttled to, and virtually certain to receive, the income and the amount of |
| the income can be measured with sufcient reliability. | |
| Income with related | Where income has related expenditure the income and related expenditure is |
| expenditure | reported gross in the SoFA. |
| Donatons and legacies |
Voluntary income received by way of grants, donatons and gifs is included in the the SoFA when receivable and only when the Charity has unconditonal enttlement |
| to the income. | |
| Tax reclaims on | Income from tax reclaims is included in the SoFA at the same tme as the |
| donatons and gifs | gif/donaton to which it relates. |
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
| and facilites | where the beneft to the Charity is reasonably quantfable, measurable and |
| material. | |
| Volunteer help | The value of any volunteer help received is not included in the accounts. |
Page 8
Florence Colliery Social Welfare Centre Notes to 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
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
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.
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.
Page 10
Florence Colliery Social Welfare Centre Notes to the Accounts
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
| Receipt of donated goods, facilites and services | ||
|---|---|---|
| Unrestricted | ||
| funds | Total funds | |
| 2023 | 2023 | |
| £ | £ | |
| Income and endowments from: | ||
| Donatons and legacies | 1,864 | 1,864 |
| Charitable actvites | 39,519 | 39,519 |
| Other trading actvites | 233,910 | 233,910 |
| Other | 1,552 | 1,552 |
| Total | 276,845 | 276,845 |
| Expenditure on: | ||
| Raising funds | 205,042 | 205,042 |
| Charitable actvites | 14,669 | 14,669 |
| Other | 123,135 | 123,135 |
| Charitable actvites 14,669 Other 123,135 |
Charitable actvites 14,669 Other 123,135 |
14,669 123,135 |
|---|---|---|
| All donated goods, facilites and services received are recognised within incoming resources and | ||
| expenditure at an estmate of the value to the charity. 2Statement of Financial Actvites - prior | ||
| year | ||
| Total | 342,846 | 342,846 |
| Net income before other | (66,001) | (66,001) |
| gains/(losses) | ||
| Other gains and losses: | ||
| Net movement in funds | (66,001) | (66,001) |
| Reconciliaton of funds: | ||
| Total funds brought forward | 359,532 | 359,532 |
Page 11
Florence Colliery Social Welfare Centre Notes to the Accounts
Total funds carried forward
| To | tal funds carried forward | 293,531 | 293,531 | |
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Donatons | 495 | 495 | 1,864 | |
| 495 | 495 | 1,864 | ||
| 4 | Income from charitable actvites | |||
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Sectonals - Designated Funds |
57,595 | 57,595 | 39,519 | |
| 57,595 | 57,595 | 39,519 | ||
| 5 | Income from other trading actvites | |||
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Funds generated from commercial operatons |
214,607 | 214,607 | 198,626 | |
| Social actvites | 35,987 | 35,987 | 34,704 | |
| Interest receivable | 1,154 | 1,154 | 580 | |
| 251,748 | 251,748 | 233,910 | ||
| 6 | Other income | |||
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Grants | 665 | 665 | 1,552 | |
| 665 | 665 | 1,552 | ||
| 7 | Expenditure on raising funds | |||
| Unrestricted | Total | Total | ||
| 2024 | 2023 |
Page 12
Florence Colliery Social Welfare Centre Notes to the Accounts
| Florence Colliery Social Welfare Centre Notes to the Accounts |
|
|---|---|
| Costs of generatng voluntary income £ £ Donatons Fundraising trading costs 50 50 Funds generated from commercial operatons 206,062 206,062 Social actvites 200 200 206,312 206,312 Net income (66,001) (66,001) 3 Income from donatons and legacies |
£ - 204,355 687 |
| 205,042 | |
Page 13
Florence Colliery Social Welfare Centre Notes to the Accounts
| Florence Colliery Social Welfare Centre Notes to the Accounts |
|||
|---|---|---|---|
| Expenditure on charitable actvites Sectonals - Designated Funds Governance costs Secretary's Expenses 9 Other expenditure Bank loan and overdraf interest payable Employee costs Motor and travel costs Premises costs Amortsaton, depreciaton, impairment, proft/loss on disposal of fxed assets General administratve costs Legal and professional costs 10Net expenditure before transfers This is stated afer charging: Depreciaton of owned fxed assets 8 Expenditure on charitable actvites 11 Staf costs No employee received emoluments in excess of £60,000. 12 Tangible fxed assets Land and buildings Changing Rooms & Astroturf Facility |
~~Unrestricted~~ £ 20,297 300 20,597 Unrestricted £ 3,410 30 33 28,462 45,086 19,342 10,723 107,086 2024 £ 45,086 Fixtures, Furniture & Equipment |
~~Total~~ 2024 £ 20,297 300 20,597 Total 2024 £ 3,410 30 33 28,462 45,086 19,342 10,723 107,086 Stand & Recreatonal Equipment |
~~Total~~ |
| 2023 £ 14,369 300 14,669 Total 2023 £ 471 3 566 45,348 47,125 19,155 10,467 123,135 2023 £ 47,125 Total |
Page 14
Florence Colliery Social Welfare Centre Notes to the Accounts
| Cost or revaluaton £ At 1 January 2024 298,821 Additons - Depreciaton and impairment At 1 January 2024 139,194 Depreciaton charge for the year 3,991 At 31 December 2024 Net book values 143,185 At 31 December 2024 155,636 At 31 December 2023 13Stocks 159,627 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 Other creditors Accruals At 31 December 2024 298,821 |
£ 658,651 - 619,672 32,933 652,605 6,046 38,979 658,651 |
£ 163,671 679 150,394 6,088 |
£ 105,715 391 100,388 2,074 ~~102,462~~ 3,644 5,327 106,106 |
£ 105,715 391 100,388 2,074 ~~102,462~~ 3,644 5,327 106,106 |
1,070 1,227,928 £ 1,226,858 1,009,648 45,086 |
1,070 1,227,928 £ 1,226,858 1,009,648 45,086 |
||
|---|---|---|---|---|---|---|---|---|
| ~~156482~~ | ~~102462~~ | ~~1054734~~ | ||||||
| ~~,~~ 7,868 13,277 2024 £ 13,487 |
~~,~~ 3,644 5,327 106,106 |
~~,,~~ 173,194 217,210 2023 £ 11,028 11,028 2023 £ 7,544 10,235 7,104 24,883 2023 £ 40,973 2,752 (16,293) 6,312 33,744 |
||||||
| 13,487 | ||||||||
| 2024 £ 5,526 - 7,817 |
||||||||
| 13,343 | ||||||||
| 2024 £ 15,419 3,780 - 3,767 |
||||||||
| 22,966 | ||||||||
| 164,350 |
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
Restricted funds:
Unrestricted funds: General funds
Designated funds: Bowling Club Total
Total funds
| 2024 | 2023 | |||||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | |||||||
| 3,424 | 10,235 | |||||||
| 4,652 | 12,822 | |||||||
| 8,076 | ~~23~~,057 | |||||||
| Incoming | ||||||||
| resources | ||||||||
| (including | ||||||||
| other | At 31 | |||||||
| At 1 January | gains/losses | Resources | December | |||||
| 2024 | ) | expended | 2024 | |||||
| £ | £ | £ | ||||||
| 287,352 | 304,738 | (329,010) | 267,780 | |||||
| 6,148 | 5,765 | (4,985) | 2,228 | |||||
| 293,500 | 310,503 (333,995) |
270,008 | 6,148 | 5,765 | (4,985) 2,228 |
Purposes and restrictions in relation to the funds: Designated funds:
Page 16
Florence Colliery Social Welfare Centre Notes to the Accounts
Bowling Club
18 Analysis of net assets between funds
| Analysis of net assets between funds | ||
|---|---|---|
| Fixed assets Net current assets Creditors due in more than one year and provisions |
Unrestricted funds £ 173,194 104,889 (8,076) 270,007 |
Total £ 173,194 104,889 (8,076) |
| 270,007 |
19 Reconciliation of net debt
| Reconciliaton of net debt | |||
|---|---|---|---|
| Net debt Cash and cash equivalents Borrowings Bank loans |
(23,057) 74,156 At 1 January ~~2024~~ ~~£~~ |
14,981 18,793 ~~Cash fows~~ ~~£~~ |
At 31 |
| (8,076) December ~~2024~~ |
|||
| 92,949 ~~£~~ |
|||
| ~~97,213~~ 97,213 (12,822) (10,235) |
~~3,812~~ 3,812 8,170 6,811 |
~~101025~~ | |
| ~~,~~ 101,025 (4,652) (3,424) |
Page 17
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 Dividends, interest and rents from investments (Increase)/Decrease in stocks Decrease/(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/(decrease) 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 2024 |
2024 2023 £ £ (23,492) (66,001) 45,086 47,125 (665) (1,552) (2,459) 3,094 11,540 (2,319) (10,778) 16,615 19,232 (3,038) (1,070) (849) 665 1,552 (405) (14,981) (13,189) (14,981) (13,189) 3,846 (15,524) 97,213 112,737 101,059 97,213 101,025 97,213 101,025 97,213 |
|---|---|
Page 18
Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities
| Florence Colliery Social Welfare Centre Detailed Statement of Financial Actvites |
||||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| 2024 | 2024 | 2023 | ~~703~~ | |
| £ | £ | £ | ||
| Income and endowments from: | ||||
| Donatons and legacies | ||||
| Donatons | 495 | 495 | 1,864 | |
| 495 | 495 | 1,864 | ||
| Charitable actvites | ||||
| Sectonals - Designated Funds | 57,595 | 57,595 | 39,519 | |
| 57,595 | 57,595 | 39,519 | ||
| Other trading actvites | ||||
| Funds generated from commercial operatons | 214,607 | 214,607 | 19~~8,626~~ | |
| Social actvites | 35,987 | 35,987 | 3~~4,704~~ | |
| Interest receivable | 1,154 | 1,154 | 580 | |
| 251,748 | 251,748 | 233,910 | ||
| Other | ||||
| Grants | 665 | 665 | 1,552 | |
| 665 | 665 | 1,552 | ||
| Total income and endowments | 310,503 | 310,503 | 276,845 | |
| Expenditure on: | ||||
| Costs of generatng donatons and legacies | ||||
| Donatons | 50 | 50 | - | |
| 50 | 50 | - | ||
| Costs of other trading actvites | ||||
| Funds generated from commercial operatons | 206,062 | 206,062 | 204,355 | |
| Social actvites | 200 | 200 | 687 | |
| 206,262 | 206,262 | 205,042 | ||
| 206,312 | 206,312 | 205,042 | ||
| Total of expenditure on raising funds | ||||
| Charitable actvites | ||||
| Sectonals - Designated Funds | 20,297 | 20,297 | 14,369 | |
| 20,297 | 20,297 | 14,369 | ||
| Governance costs | ||||
| Secretary's Expenses | 300 | 300 | 300 | |
| 300 | 300 | 300 | ||
| 20,597 | 20,597 | 14,669 | ||
| Total of expenditure on charitable actvites | ||||
| Other expenditure | ||||
| 3,410 | 3,410 | 471 |
Page 19
Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities for the year ended 31 December 2024
Bank loan and overdraft interest payable
Page 20
Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities
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 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 expenditure Net gains on investments Net expenditure Net expenditure before other gains/(losses) Other Gains |
30 30 33 33 107 7,876 20,479 28,462 3,991 32,933 2,074 6,088 943 8,387 41 429 448 1,168 6,724 1,202 64,428 10,723 3,410 333,995 - (23,492) ~~(23,492)~~ - |
30 30 33 33 107 7,876 20,479 28,462 3,991 32,933 2,074 6,088 943 8,387 41 429 448 1,168 6,724 1,202 64,428 10,723 3,410 333,995 - (23,492) ~~(23,492)~~ - |
3 3 566 566 104 6,972 38,272 45,348 4,093 32,933 2,794 7,305 595 6,496 36 533 300 3,322 6,701 1,172 66,280 10,467 |
|---|---|---|---|
| 471 | |||
| 342,846 | |||
| - (66,001) |
|||
| ~~(66001)~~ | |||
| ~~,~~ - |
Page 21
Florence Colliery Social Welfare Centre Detailed Statement of Financial Activities
| of expenditure of other costs 107,086 107,086 Total funds brought forward Total funds carried forward Net movement in funds (23,492) (23,492) (66,001) |
10,723 123,135 293,500 270,008 |
10,723 1 293,500 270,008 |
0,467Total |
|---|---|---|---|
| 359,532 293,531 |
|||
Reconciliation of funds:
Page 22