2023-12-31-accounts - Denaby And Cadeby Miners Welfare Institute And Recreation Ground

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DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND Registered Charity No. 523553

TRUSTEES' REPORT AND FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

INDEX TO THE FINANCIAL STATEMENTS

Legal and Administrative Details Trustees' Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Section Accounts	PAGE
	1 2 - 4 5 6 7 8 - 9 10 - 12

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

LEGAL AND ADMINISTRATIVE DETAILS

Charity registration number:	523553
Address of Charity:	Tickhill Square
	Denaby Main
	Doncaster
	DN12 4AW
Trustees:	Mr K Bailey
	Mr R Hague
	Mr A Randall
	Mr K Epton
	Mr D Myatt
	Mr M Howell
Secretary/Treasurer:	A Randall
Bankers:	The Co-operative Bank Plc
	31 St Sepulchre Gate
	Doncaster
	DN1 1TD
Independent Examiner:	J Wallage FCA
	CISWO (Trading) Limited
	The Old Rectory
	Rectory Drive
	Whiston
	Rotherham
	S60 4JG

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

The trustees present their report along with the financial statements of the charity for the year ended 31 December 2023. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts which can be found on page 8 and comply with the charities trust deed, applicable law and the Charities SORP FRS 102.

Constitution, Objectives and Activities for the Public Benefit

The charity was constituted by an amending Scheme dated 18th April 2005 and is registered with the Charity Commission under the number 523553.

The object of the charity is the provision of a welfare institute and recreation ground for the benefit of the inhabitants and in particular, but not exclusively, such of the said inhabitants as are members of the mining community in the area of benefit, without distinction of political, religious or other opinions with the object of improving the conditions of life of the said inhabitants.

The trustees have referred to the guidance given by the Charity Commission on public benefit when reviewing the charity's aims and objectives and details of the activities that have taken place during the year can be found later in this report.

Organisational Structure

The trustees who have served the charity during the year are shown on page 1.

The trustees have devolved the day to day running of the club to a Committee of Management with who they meet regularly. The bar trading and commercial activities are hived off into a separate company registered as Denaby & Cadeby Miners' Welfare Social Club Limited. The company is liable to pay an occupational licence to the charity in order to run its business from the charity's premises and it will also transfer any profits it makes to the charity under a covenanted Gift Aid agreement.

Trustee vacancies are advertised and interested parties are asked to apply in writing. Interviews will be held and suitable candidates are then notified to their nominating body being either CISWO, Trade Union or members. The trustee board is made up of equal numbers of each nominating body.

Financial Review

The charity had net outgoings of £19,937 as opposed to net outgoings of £25,825 in the previous year and the trustees are disappointed with the result and whilst they are aware that this could be partially due to the impact of the post pandemic era they are conscious that efforts need to be made to improve the results going forward. The connected Social Club have been unable to transfer taxable profits this year.

Review of Activities

The charity's welfare grounds consist of football and cricket grounds and two bowling greens. These are used by our own sports teams and also by teams from the surrounding community. The premises contain a large upstairs room available for functions, which has helped finances.

Over the past couple of years the trustees, along with the officials of the football section, were successful in securing a substantial amount of funding from the Football Foundation to allow them to build new changing rooms. This project has now been completed, the total amount received from the Football Foundation was £146,956. The trustees believe this will help to improve the charity's overall facilities.

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

Review of Activities (continued)

There are a number of sub-sections at the charity along with many other activities as noted below and the trustees are pleased and proud to have supported them all.

Fishing Club

This is a long established club which has been part of the Welfare from the early days. They have several fishing matches on local fisheries plus matches at other venues.

Cricket Field

This is used by Denaby Juniors for football practice and matches during the course of the season, weather permitting due to waterlogged areas of the field.

Football Club

We have a team drawn mainly from Denaby and Conisbrough areas who play in a league. The team has a good contingent of local talent, new players are welcomed and the local communities are encouraged to attend training sessions and matches. The building of new changing rooms has now been completed. This has improved the football ground and accommodates away players and officials.

Bowling Club

This is a long established club which plays in the South Yorkshire league. In the summer months, local people of all ages are invited to attend introductory sessions on the bowling green

Pigeon Flyers

Throughout the flying season the club meet on a Thursday evening and normally on Fridays in the racing season the birds are dispatched for numerous races from home and abroad. Local enthusiasts are invited to join in.

Darts Section

Formed in 2011, they have brought in several new members. They play on a home and away basis in the local darts league.

Panel Games

In early 2017 the club formed a panel games club and joined the local league playing darts, cards and dominoes. This is open to local people to join and enjoy.

Grounds maintenance is carried out by Doncaster Metropolitan Borough Council.

Investment Policy

There is no investment policy as such in place but the trustees have adopted the sensible approach and have placed the bulk of the charity's liquid assets in interest bearing accounts. This means that the charity receives some income in the form of interest but also means that the funds are readily available should they be needed.

Reserves Policy

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.

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

Risk Management

The trustees are aware of the operational and financial risks which the charity faces and regularly reviews those risks to mitigate against any impact they may have on the charity. The major risks facing the charity are the continued success of the social club 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. The trustees work closely with the directors and members to address these risks.

Statement of Trustees' Responsibilities

Law applicable to charities in England and Wales required 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 those financial statement the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the provision and detection of fraud and other irregularities.

…………………..……………………….. Signed - Trustee

………………………..……………….. Print Name - Trustee

…………………………… Date

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

I report to the trustees on my examination of the accounts of the above named charity (registered number 523553) for the period ended 31 December 2023, set out in pages 6 to 9.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Act).

I report in respect of my examination of the Trustees' accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiners Statement

I have completed my examination. I 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:

(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

(2) the accounts do not accord with those records; or

(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.

………………………………………

J Wallage FCA

………………………………….

Date

On behalf CISWO (Trading) Limited The Old Rectory Rectory Drive Whiston Rotherham S60 4JG

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS Bank interest receivable Gift Aid Rent received Income of sections Donations Rates Rebate TOTAL INCOME EXPENDITURE Rent, rates and water Insurance Accountancy Legal Fees Donations Depreciation Expenditure of sections TOTAL EXPENDITURE NET MOVEMENT IN FUNDS Fund balances brought forward Fund balances carried forward	Note 2 6 3 6	General Funds £ 8 - 292 - - 1,842 2,142 8,742 6,162 1,049 921 1,000 3,191 - 21,065 (18,923) 212,034 193,111	Restricted Designated Funds Funds £ £ - - - - - - - 26,570 - - - - - 26,570 - - - - - - - - - - 7,408 - - 20,176 7,408 20,176 (7,408) 6,394 118,132 14,182 110,724 20,576	Total Funds 2023 £ 8 - 292 26,570 - 1,842 28,712 8,742 6,162 1,049 921 1,000 10,599 20,176 48,649 (19,937) 344,348 324,411	Total Funds 2022 £ 6 - 120 34,030 930 -	Total Funds 2022 £ 6 - 120 34,030 930 -
						35,086
						9,248 4,928 1,008 - - 10,668 35,059
						60,911
					(25,825) 370,173
					344,348

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

BALANCE SHEET AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank Cash held by sections LESS: CURRENT LIABILITIES Creditors falling due within one year NET CURRENT ASSETS TOTAL NET ASSETS FINANCED BY: General funds Restricted Funds Designated funds	NOTE 3 4 5 6 7 6	£ £ £ £ 305,948 316,547 10,741 15,446 3,244 9,104 20,576 14,182 34,561 38,732 (16,098) (10,931) 18,463 27,801 324,411 344,348 193,111 212,034 110,724 118,132 20,576 14,182 324,411 344,348 2022 2023	£ £ £ £ 305,948 316,547 10,741 15,446 3,244 9,104 20,576 14,182 34,561 38,732 (16,098) (10,931) 18,463 27,801 324,411 344,348 193,111 212,034 110,724 118,132 20,576 14,182 324,411 344,348 2022 2023
			344,348
			212,034 118,132 14,182
			344,348

The financial statements were approved by the trustees and signed on their behalf by:

……………………………………………. Signed - Trustee

………………...……………………….. Print name - Trustee

………………………………… Date

DENABY & CADEBY MINERS' WELFARE INSTITUTE & RECREATION GROUND

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES

a) Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS102), the financial Reporting Standard (FRS102) and the Charities Act 2011.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The trustees have a reasonable expectation that the charity has adequate reserves to continue in operational existence for the foreseeable future. Accordingly the trustees continue to adopt the going concern basis in the preparation of the accounts.

b) Income Recognition

Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when they are received.

c) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

d) Depreciation

Depreciation is provided on all assets other than freehold land and aims to write off the cost of the assets over their estimated useful life. The rates applied are as follows:-

Freehold Land and Buildings 4% straight line on additions since 2012 - Fixtures and fittings 15% reducing balance

2. INCOMING RESOURCES : GIFT AID

There was no income received under Gift Aid in 2023 (20221: Nil) from Denaby & Cadeby Miners' Welfare Social Club Limited

DENABY & CADEBY MINERS WELFARE INSTITUTE & RECREATION GROUND

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

3. 4. 5. 6. 7.	Fixed Assets Net book value brought forward at 1 January 2023 Additions Less: Depreciation charge for the year Net book value carried forward as at 31 December 2023 Debtors Accrued National Savings Bank interest Prepayments and other debtors Due from Denaby & Cadeby Miners' Welfare Social Club Ltd Cash at Bank and In Hand Deposit account National Savings Investment account Sections Opening balances brought forward Income from sections Incoming resources Expenditure on sections Closing balances carried forward Creditors: Amounts falling due within one year Trade creditors Accruals	Freehold Land & Buildings £ 185,386 - 185,386 (2,647) 182,739	Fixtures & Fittings £ 2,592 - 2,592 (389) 2,203 2023 £ - 97 10,644 10,741 3,244 - 3,244 14,182 26,570 40,752 (20,176) 20,576 13,930 2,168 16,098	Fixtures & Fittings £ 2,592 - 2,592 (389) 2,203 2023 £ - 97 10,644 10,741 3,244 - 3,244 14,182 26,570 40,752 (20,176) 20,576 13,930 2,168 16,098	Football Foundation Project 128,569 - 128,569 (7,563) 121,006 2022 £ 6 408 15,032 15,446 3,244 5,860 9,104 15,211 34,030 49,241 (35,059) 14,182 9,744 1,187 10,931	Total £ 316,547 -

						316,547 (10,599)
						305,948

DENABY & CADEBY MINERS WELFARE INSTITUTE & RECREATION GROUND

YEAR ENDED 31 DECEMBER 2023

ANGLING SECTION

INCOME Subscriptions Alpha Ticket machine EXPENDITURE Match bookings Members expenses Team events pay-outs Presentation night expenses Fur and Feather prizes Officials' expenses Match pre-bookings Surplus for the year Balance brought forward Balance carried forward No records were received from this section.	£	£ £ £ - 2,000 - 1,215 - 3,215 - 1,017 - 390 - 295 - 185 - 352 - 240 - 190 - (2,669) - 546 641 95 641 641 2023 2022	£ £ £ - 2,000 - 1,215 - 3,215 - 1,017 - 390 - 295 - 185 - 352 - 240 - 190 - (2,669) - 546 641 95 641 641 2023 2022
		- -
		- - - - - - -

			546 95
			641

DENABY & CADEBY MINERS WELFARE INSTITUTE & RECREATION GROUND

YEAR ENDED 31 DECEMBER 2023

FOOTBALL SECTION

INCOME
Subscriptions
Café Fund
Raffles
Sponsor Monies
Grants
Other Income
Differences
EXPENDITURE
Administration and insurance
Sports equipment, clothing, kit, etc
Training venues and costs
Presentation costs
Sponsors Signs
Ground improvements and maintenance
Referee fees
Door & Camera
Differences
Other expenses
Surplus / (Deficit) for the year
Balance brought forward
Balance carried forward

£
£
£
£
10,545
11,345
2,426
-
-
168
6,900
9,205
1,149
3,200
430
3,500
1866
-
23,316
27,418
1,564
304
5,925
5,925
1,890
2,290
841
841
130
130
1,228
5,284
-
560
2,380
-
-
8,983
3,112
4,722
(17,070)
(29,039)
6,246
(1,621)
10,176
11,797
16,422
10,176
2022
2023

DENABY & CADEBY MINERS WELFARE INSTITUTE & RECREATION GROUND

YEAR ENDED 31 DECEMBER 2023

BOWLING SECTION

INCOME DMBC Members Subscriptions Donations Refreshments Competitions Other Income EXPENDITURE League registrations and insurance Water rates Electricity Grounds Maintenance Surplus for the year Balance brought forward Balance carried forward	£ £ £ £ 2,000 2,000 575 605 250 - 300 200 129 560 - 32 3,254 3,397 348 431 107 208 261 312 2,390 2,400 (3,106) (3,351) 148 46 3,364 3,318 3,512 3,364 2022 2023