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|Trustees'
Report|||
|---|---|---|
|Independent
Examiner's|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Reconciliation
ofFunds|Statement||
|Notes to the Accounts||6-10|
|Legal and Administrative|Details||
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Fund|Fund|Funds|Funds|
||||f||||
|RESOURCES ARISING|||||||
|Svvallovvnest
Miners Welfare||Social|||||
|Club Limited (Note 3)|||16,321|0|16,321|17,913|
|Snooker, subs and room hire|||7,507|0|7,507|3,527|
|Ground
income|||12,540|0|12,540|10,450|
|Option fee|||12,000|0|12,000|0|
|Deposit and investment|income||104|1,032|1,136|919|
|GROSS RESOURCES|||||||
|ARISING IN YEAR|||48472|1032|49 504|32809|
|RESOURCES USED|||||||
|Direct Charitable
Expenditure||(note 4)|21,363|1,175|22,538|19,767|
|Governance
(note 5)|||1,781|0|1,781|1,699|
|RESOURCES USED IN|YEAR||23 144|1 175|24319|21 466|
|CHANGES
IN RESOURCES|||||||
|BEFORETRANSFERS AND|||||||
|VALUATIONS|||25,328|-143|25,185|11,343|
|Transfers||||0|0|0|
|Net Investment
Gain/(Loss)||||-4,009|-4,009|2,618|
|NET MOVEMENT
IN|||||||
|RESOURCES IN YEAR|||25328|4152|21176|13961|
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||||F.Endow-||2022|2021|
|---|---|---|---|---|---|---|
|||Unrestricted|ment|Restricted|Total|Total|
|||Fund|Fund|Fund|Funds|Funds|
|Balance brought
forward|||||||
|1 January
2022||77,143|2,241|80,164|159,548|145,587|
|Net movement|ofresources||||||
|in year||25,328|0|-4,152|21,176|13,961|
|Balance carried forward|||||||
|31December|2022|102,471|2,241|78.012|180724|158,548|
|Represented|by||||||
|Tangible fixed|assets|125,128|2,241|10,572|137,941|141,041|
|Investments||0|0|38,197|38,197|41,174|
|Debtors||0|0|0|0|0|
|Cash at bank|and in hand|22,899|0|27,243|50,142|52,462|
|Current
liabilities||-45,556|0|0|-45,556|-69,129|
|Long term liabilities: Loans||0|0|0|0|-6,000|
|Total net assets|||||||
|31 December|2022|102,471|2,241|76,012|180,724|159,548|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|3.|INCOINE FROM|SWALLOWNEST|||MINERS||||
||WELFARE SOCIAL CLUB LIMITED||||||||
||Occupational
Licence||||||3,000|3,000|
||Deed of Gift-Aid||||||13,321|14,913|
||||||||16,321|17,913|
||||||||2022|2021|
|4.|DIRECT CHARITABLE||EXPENDITURE||||||
||Institute overhead|expenses|||||||
||General repairs and maintenance|||-grounds||and buildings|5,281|7,213|
||General rates and|water|charges||||4,928|3,268|
||Insurance||||||5,209|4,866|
||||||||15,418|15,347|
||Social and recreational||||||||
||Children
christmas|party,|Indoor|games and||Pigeon Club|618||
||Other||||||||
||Legal fees||||||2,107|0|
||Depreciation||||||4,395|4,420|
||||||||6,502|4,420|
||Total Direct Charitable||Expenditure||||22,538|19,767|
||||||||2022|2021|
|5.|GOVERNANCE COSTS|||||||F|
||Bank interest and|charges|||||61|49|
||Bookeeping
and accountancy||||||1,202|1,151|
||Accountancy
fees|written|back||||0|0|
||Independent
Examination||by CISWO||||518|499|
||Total Management|and|Administration||||1,781|1,699|
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|6.|INVESTIIENTS|||||
|---|---|---|---|---|---|
||Old Mutual
Portfolio||||f|
||Market Value b/f as at 1|January|2022||41,174|
||Add: Net Income reinvested
in portfolio after charges||||1,032|
||Add:Capital
sums added|to portfolio|||0|
||||||42,206|
||Less: Capital sums withdrawn
from porffolio||||0|
||||||42,206|
||Market value of portfolio|as at 31|December 2022||38,197|
||Unrealised
losses for the year ended 31st December 2022||||-4,009|
|||||2022|2021|
|7.|CREDITORS|||f|f|
||Due within one year|||||
||-Other accruals|||1,720|2,125|
||-Ground rentals
paid in|advance||1,100|4,100|
||-Yorkshire
Miners Welfare Trust||Loan|6,000|7,200|
||-Other creditors|||2,606|0|
||-Amount due to Swallownest
Miners Welfare Social Club Ltd|||34,130|55,704|
|||||45,556|69,129|
||Due over one year:|||||
||-Yorkshire
Miners Welfare Trust||Loan|0|0000|
|8.|FUNDS|||||
||1)Endowment
Fund|||||
||The functional
endowment|ofthe Scheme is as follows:||||
||Original
Functional
Endowments:||||2,350|
||Conveyance
dated 5 November||1928|||
||Addition
re Part Proceeds|ofSale|of Land:|||
||Conveyance
dated 11|October|1972|1,200||
||Agreed expenditure
by|Charity||||
||Commissioners
on Car Park||12April 1973|-900||
||||||300|
||Released to unrestricted|funds on|expiry ofendowment||-300|
||||||2,350|
||Less: historic cost ofland|sold in 19S3|||-109|
||||||2 241|
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|2) Restricted
Fund|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Safe of functional
endowment|||||||||||
|Addition
re Sale of Land:|||||||||||
|Sale of2,000sq. meters ofLand to Sheffield|||Diocesan||Board of||||||
|Finance (to build a Church) Conveyance||dated 30April|||1993||||90000||
|Add: Net Investment
Realised gain on Sterling|||||||||||
|porffolio (including
income reinvested
on||accumulation|||basis),||||29485||
|Add: Investment
Gains on Old Mutual/Quilter||Portfolio up|||to 2021||||19586||
|||||||||||139071|
|Less: Expenditure
in prior years approved|by CISWO out||||ofrestricted||fund||||
|Repairs and maintenance||||||||||-39373|
|Depreciation
on capital assets||acquired||through||resticted|fund|||-19534|
|Value ofrestricted
fund as at 1stJanuary 2020||||||||||80164|
|Add: Investment
gains/(losses)
and income||on|Old|Mutual||Portfolio 2021||||-2977|
|||||||||||77187|
|2022 Repairs and maintenance
approved|||by|CISWO out ofrestricted||||fund||0|
|2022 Depreciation
on capital assets|acquired|||through||restricted|fund|||-1175|
|||||||||||76012|
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|9.|CASHICASH E|UIVALENTS||||
|---|---|---|---|---|---|
|||||2022|2021|
||Current Account|||||
||Royal Bank of|Scotland||5,364|5,288|
||Preferential
Deposit Account|||||
||Royal Bank of|Scotland||44,778|47,174|
|||||50 142|52,462|
|10.|DEBTORS|||2022|2021|
|||||f|f|
||Amount
due from|Swallownest|Miners Welfare|||
||Social Club Limited|||||
||Lidl Option fee|||||
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