HEMSWORTH MINERS. WELFARE INSTITUTE IREGISTERED CHARITY NUMBER $237201 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 H MINERS, WELFARE IN TIT CHARITY REGISTRATION NUMBER $23720 FINANCIAL TEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS PAGE Legal and Administrative Information Trustees, Report Independent Examiner's Report ststement ol Financial Activities 8alance Sheet Note5 to the Accounts Secb'ons ACc￿nts 9-10 HEM WORTH MIN RS. WELFARE INSTITUTE LEGAL ND ADMINISTRATIVE DETAILS CHARITY REGISTRATION NUMBER 523720 TRUSTEES P Taberner 8 Turner (Resigned 2316120231 J Gneve (Resigned 2019120221 A Ward L C Riedel R Carrington (Appointed 31110120241 A Hemtage (Appointed 511120241 J Gannick (Appointed 511120241 D Edwdrds {APp￿nted 511120241 SCHEME ADDRESS wen￿Orth Terrace Fiknmlliam Pontelract WF9 SAA BANKERS Co-operative Bank plc 8 Providence Street Wakefield WF12BG INDEPENDENT EXAMINER J Wallage FCA CISWO ITradingl Limilet¥ The Old Rèctory Rectory Dnve Whis￿￿ Rotherham S60 4JG HEMSWORTFI MINERS WELFARE INSTITUTE CHARITY EGISTRATION NUMBER 5 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 202 The trustees present their report along wrth the financial statements Df the charity for the year ende(J 31 DecembeT 2023. The financial slalemènls have been prepared in accordance with the accounting policies set out in Note 1 to the accounts which can be found on page 7 and colllply with the charities trust deeLI, applicable law 8nd the Charities SORP FRS 102. Constitutlon, Objèetives and Activlties for the Public 8enefit The charity 18 constituted by a trust dee¢J dated 9 August 1961 and Is regist&red w4th the Charity Commission undèf the number $23720. Its objectives are lo provide and mainiain a recreation ground and wglf8re insif(ute for the benefrt of the people of Hemsworth, land in particular bul not exclusively such those who are members of the mining comrnunityl. The trustees have referred lo Ihe guidance gpien by the Charity Commission on public bènefit when reviewing th charity's aims and objectives and details of the acliwlies that have taken place during the year can be found later in this roport. Oryanisational Structuro The trustees who have served the ¢harity during the year arè shown on page 1. The charity is responsible for maintaining the piemises, ils contents and grounds in a suitable Slate of repair for use by those who live in the surrounding area It raises income through various charitable a¢livities. the main one being the hiiing out of its facilitses to the general public. but a substantial amount of its income comes from ils connectèd trading cornpany. Hemsworth Miners, Social Club Lttt, which pays an annual occupational Iicence fee to Ihe charity in order lo run its business from the charivs premises. In addition to this. the company also transfers any profits it Makes lo the charity under a Gift Aid agreement so the trustees work ch)sely wlh thè directors lo try and ensure the company 15 profitable, thus ensunn9 extia income for the charity. Tru$iee vacancies a￿ advertised and interested parties a￿ asked to appty in writing. Interviews vlll be held and suitable Candtdates are then notified to their norninating body being either CISWO. Trade Union or mernbers. The Iru51ee body is made up of 8qual numbers ol each nominating body. Financlal Revlèw The charity had nel oulgoing resources of £932 from the day to day running ol the ill$titule12022. Outgoing £12.7201 the various sections showed a collective defieit of £3,647 lor the year which has increased the overall net d8fiGit to £4.57912022". Deficit £4.3071. The connected trading company retained a profil over the last couple of years and has donated its taxable profits ol £8.591 12022." £6.2101 lo the charity. The trustees will work closety with the company's director5 to ensure Ihal this can continue in the coming year. Revlew of Actlvltlès The cricket section ju51 fielded trvo teams this yèar, bul as the year progressed more people signed up with ex players wishing lo return. An indifferent year for both teams as they decided to actually win a few games for a change. The second team even reached the 188gue cup final. Bowls teams struggled for member5 this year and ended up only fi81ding one team and a veterans ieam. Both tearns did tremendously well winning their leagues and cups. Cowling itself has bounced back Since the passing of B Greenhough, the balon being passed lo L Riddell who is up at the greens everyday doing work and looking after things. go a bi9 thank you to him. Investmenl Pollcy The trustees do not have an Investment policy in place as such. but they have laken 1he sensiblè approach and placed some of the charity's liquid assets in an interest bearing bank account, 4hus provKling some income for the charity In the form ol Interest recepied whilst keeping the monies readity available $houkJ they be required. Continued HEMSWORTH MINERS WELFARE INSTITUTE HARITY REGISTRAfioN UMBER 237 REPORT OF THE TRUSTEES F RTHEYE R ENDED 31 DECEMBER 2023 CONTINUED Raserves Poliey It is the policy ol the trustees to Maintain unreslricled fund5 which are the tree reserves of the chaflty, at a level lo provide sufficient funds lo cover aniicipaled administration and sUPPOrt costs for a period tsf 12 months. Any aclditiollal reserves ar8 held lo providè a capitsl lynd for repairs that will be required for Ihe upkeep of tt)e premise5. Rlsk Management The Iruslees arè aware of thè operational and financial risks which the ¢harity faces and regularty reviews those risks lo mitigate against any impact they may have on the charity. The rnajor risks lacing the charity are the continued success ol the sooial club trom which it derives its main fvnding, the support of individuals and Ihe community in using the facilities and the introduction of the younger generation lo provide lor the future. The tnJste¢s work closety with the director5 and mernbers lo addrèss these risks. Statement of Trustees, Responslblllties Law applicable to charities in England and Wales required the trus1è8s lo preparè financial statements for each financial year which givè a true and fair view of the charily and Its incoming resources and application of resources of the charrty for that period. In preparing those ffnancial slalements. the trustees are requir8d lo.. select suitable accounl'ng policies and then apply them consistenuy., obserye the mèthods and principles in the Ch8rities SORP., make judgement5 and eslimales that are reasonable an& prudent.. state whether applicable accountlng Standard5 have been followed subject lo any rnaterial departu￿$ disclosed and expl8ined in the financkil statemènts., prepare the financial 5ts1ements on the going ¢oncern basis unless It is Inappropriate to presume that the charity will continue in operation. The trustees also responsible lor keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the charity and which enable Ihern lo ensure that the financial statement5 cornply with the Charities Act 2011 They ale 81so responsible for safeguarding the assets of the charity and hence for lakiThg reasonable Steps for the prevention of fraud and other irregularitres. Signed- Trustee Date Print Name - Truslge INDEPENDENT EXAMINER'S REP RT TO THE TRUSTEES OF CHARITY REGISTRATION NUMBER $23720 HEMSWORTH MINERS WELFARE INSTITUTE I report lo tha ttustees on my examination of the a¢¢ounts of the above named charity Ireg1Stèr8d number S237201 lor the pèriod ended 31 Decembtsr 2023. set out in pages S to 8. nsibilities and ba isofre As the charity trustee8 you are respon51ble for the preparation ol the accounts in accordance with the requirements ol the Charities Act 2011 (Acti. I report in respect ol my examinatron of the Trustèes. accounts carrled out under section 145 of the 2011 Act and in carying out my examinab'on I have followed all applicatsle Diieetions given by the Charity Commission under $eth'on 14515llbl of the 2011 Act. Inde endent Examlners Statem¢n I have completed my examination. I confimi that no rnaterial matters have come to my attention in connection with the exarnination giving me cause to believe that in any material respect.. 111 accounting records were not kept in respect of the Charity as required by section 130 of the Act,. or 121 the accounts do not accord with those records., or 131 the accounts do not comply with the applicable requirements conceming the form and conlenl of accounts set out in the Charities IAccounls 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 examinaliorT. I have no concerns and have come across no other matters in connecb'on with the examination lo which attention should be drawn in this report in order to enable a proper Understanding of the accounts to bè reached. J Wallage FCA On behalf CISWO (Tradingl Limitéd The Old Reetory Rectory Drive Whiston Rotherham S60 4JG Dale HEMSWORTH MINERS, ELFARE INSTITUTE CHARITY REGISTRATION NUMBER $23720 STATEMENT OF FINA14CIAL ACTIVITIES FOR THE YEAR DED 31 DECEMBER 2023 ilnrèst ict8d R tsicted Funds Tcstal Total NOTE In¢ and Endowmènts Occupational licence Gift aid donation from Hemsworth Miners, Social Club Ltd Rental income Grants Received Sadions Income Sundry Income 9,000 9,000 9,WO 6.591 4.532 6,591 4,532 6,210 4.081 9,000 50,095 350 63,997 63 997 647 Total Incom8 20.770 63,997 84,767 78,736 nditure Direct Charitable Expendlturg Building Repairs Electricity and gas Water rates Rent and rates Insurance Depreciation 3,408 4.695 3,095 107 6.349 2,744 3,408 4.695 3.095 107 6,349 2,744 22.585 4,930 5,501 106 5,376 1.910 Mana9ernent and Admlnrstration:. Accountsnoy 991 953 S*ctions'.- Sections expenditure 313 67,644 67.957 41,682 Total Expendi￿re 21,702 67,644 89,346 83.043 Net movement in funds 19321 13,6471 14,5791 14.3071 Fund balances brought forward Fund balancès ¢arried foNard 18.352) 13.173 2.500 9,321 13,628 9,526 2,500 4.742 9,321 HEMSWORTH MINERS, WELFARE INSTITUTE CHARITY REGI TRATI N NUMBE 523720 8ALANCE SHEET ASAT CE BE 2023 NOTE 2023 FIXED ASSETS Tangible Assets 25.090 27.834 CURRENT ASSETS Debtors and prepayment5 Cash at barTk and hand Cash held by sections 447 770 9,526 63 4.949 13.173 10.743 18,185 LESS.. CURRENT LIABILITIES Creditors falling due within one yeaf 6 122,2861 120,8531 NET CURRENT LIABILITIES 111,5451 12.6681 Less." Crèditor5 falling due after one year 18,8031 115,8451 TOTAL NET ASSETS 4.742 9.321 REPRESENTED BY.._ FUNDS Unrestricted funds Designated funds Restricted funds 17,2841 9.526 2,500 16,3521 13,173 2.500 4,742 9,321 The Financial Statements were approved by the Trustees and 5ign8d on their behalf by.. Signed - Trustee Print Name- Trustee Date HEMSWORTH MINERS, WELFARE INSTITUTE CHARITY REGISTRATION NUMBER 523720 NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2023 FOR TH 1. Accountln Policies al Basls of pr8paration and assèssment of gOFng conc•rn The financial statem6nls have been prepared under the historical ¢o$l convention unless otheThwse stated in the relevant notes to these accounts. The financial statemenf5 have been prepared in accor(lance with the Statement of Recommended Practice.. Accounting and Reportrng by Charities IFRS1021. the Financial Reporting Standard IFRS1021 and the Charities Act 2011. The trustees consider that there ale no malenal unc&rtainties about the charity's ability to continue as going ¢oncem. The trustees have a reasonable expe¢tation that the Charity has adequate raserves to continue in operati()nal existence for the foreseeable future. Accordingly the trustees continue to adopt the going concern basis in the preparation of the accounts. bl Ineome Recognitio Incorne is recognised once the ¢harity has entrdement to the income, it is probable that the income wll be received and the arnount of incomè receivablè can be mtrasured reliably Donations are recognised when they a￿ received. cl Expènditure Rècognition Liabiliknes are recognised as exp&nditur* as soon as there is a legal or constructive obligation Commitb'ng the ¢haTity to that expenditure. it is prtsbable that sèttlernent will be required and the aman from Sporting Capital Balan￿ due to Hemsworth Miners Soaal Club Lt¢S 2,485 1,551 7,042 9,775 1,628 7.042 13.618 22,288 20.853 7. CREDITORS amounts due after or Loan from Sporting Capital 8,803 15,845 8.803 15.845 HEMSW RTH MINER ' WELFARE INSTITUTE CRIC T SECTION ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 INCOME ar sales Club membership Raffles and bonus ball Sponsorsttips Grants 34,749 740 484 4.093 18.700 1,530 520 1.488 530 28,803 1,364 4,204 12,860 41 470 730 Nets Sundry income Opening 8al8nce Oilference 62,834 49.356 EXPENDITURE Bar Expenses Iinduding Kitchen) Umpires and scorers Insuran¢e Repairs and maintenance Outfield Mower Flat roof re￿acement Square Refutbishrnenl P4ets League lees Equipment Match balls and kit Sight Screens Entertainment Sundr185 Differènce 23,057 19.358 160 355 3,7S9 987 8.043 16.200 4,300 2,175 560 100 5,650 1,970 475 160 7.141 1.165 779 2,951 1.427 3.212 165 166,4731 140,8801 {Defi¢ill I Surplus lor thè year 13,6391 8.476 Opening Balan Closirig Balan 10,421 1,945 6,782 10.421 8ar¢lays Bank 6.782 10421 6.782 10,421 HEMSWORTH MINERS. WELFARE INSTITUTE BOWLS SECTION ACCOUNTS R THE YEAR ENDED 31 DEC M8ER 2023 2023 2022 INCOME Fees & Winter League Prize Money Sponsorship Bank Interest 386 200 572 819 120 1.163 739 EXPENDITURE Repairs 2nd maintenance Fee5 and levies Now Shirts Sundries 275 237 572 87 401 325 76 18021 Defiat lor th6 year 1631 Opening Balance Closing 8alance 2.752 2,815 2.744 2,752 Barday Bank 30468657 Barc18ys 8ank so152(￿4 Lloyds Bank 17015563 2.185 se7 2.744 2,744 2,752 10