REGISTERED CHARITY: $23880 RNANCIALACCOUNTS FOR THE YEAR ENDED 315f DECEMBER 2024
AMMANFORD & DisTricf MINERS WELFARE ASSOCIATION FINANCIALSTATEMENTS FOR THE YEAR ENDED 31" DECEWER 2024 Legal and Admlnlstrative Infomiatlon Report of the Trustees Independent Examlnerfs Report ststement of Financial Activtties Balance Sheet Notes
AMMANFORD & DISTRicf MINERS WELFARE AssoaAnoN LEGAL AND ADMINISTRATIVE INFORMATION ststus: Ammanford & District Miners welfa Association is an unincorporated assoclatlon and is establlshed by Deed of Trust. Address of Charfty. 13 Wind Street Ammanford Carmarthenshlre SA18 3DN Trusteo: MrA Wjones Mr P Evans Mr wr Jones~ Resigned 27th December 2024 Mr R Murray- appolnted * January 2024 Bankers: Barclays 8ank PLC 9 College Street Ammanford Carmarthenshlre Indeynd•nt Examlners: Prltchard,Evans & Co. 21 Carmarthen Street Uandello Carmarthenshlre SA19 6AN
AMMANFORD & DISTRicf MINERS WELFARE AssoaATION FINAt4CIAL STATEMENTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" DECEMBER 2024 Structure• governance and rnana8ement Ammanford & Dlstrlrt Miners Welfare Assoclatlon is an unln¢orporated association established by a Deed of Trust. Its objects are to promote the soclal wellbein& recreatlon and condltions of lfvlng of workers In or about coal mines In the Ammanford & Dlstrlrt area. Objects and artlvltle$ The chirlvs prlnclpal actlvlty is to provlde and malntsln premises to promote the social wellbelng and recreatlon of workers In or about coal mlnes In the Ammanford & Dlstrlct area. Achlevements and perfomi•n¢e The results of the charlty are shown In the Statement of Flnanclal Artivitles on pa8e 4. The net out8oln8 resources of the charlty amounted to £7,721 {2023- net outgoin8 resources £16,806). Throughout 2024, premlses were provlded under an occupatlonal Ilcense to the Ammanford Dlstrlrt Mlners Welfare Assoclatlon Soclal Club Llmlted. The company has an agreement to pay any net proftts to the Trust under Deed of Covenant. and In 2024 £n5112023- £3.1671 was pald. The Income recelved under the occupatlonal Ilcence was £22.11712023- £16,990). The Trust also recelved rental Income from the lettln8 of a shop and flat and hlre of rooms of £14,66612023- £5,807). Income of £2,402 has been received from the lease of ground to the County Councll 12023- £2,389), The Trustees would Ilke to thank all who contlnue to donate items of memorabllla to the Herltage Centre whlch contlnues to provlde space for cornmunlty groups to meet and get a flavour of the mlnln8 experlence as It was conducted In the local area. ReseThos pollry The Trustees conslder It necessary to retaln a mlnimum of £75,LX)O a5 reserrfes to ensure the su5tainab115ty of the charity's actlvltles. Icontlnued...)
2a. AMMANFORD & DISTRicf MINERS WELFARE ASSOCIATION FINANaAL STATEMENTS REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31" DECEMBER 2024 Icontinuedl Responslbllltles of the trustees The trustees are required to prepare financial 5taternents for each financibl period which Bive a true and fair view of the state of affairs of the Charlty and of the net incoming or outgoing resources of the Charity for the period. In preparing those flnanclal statements. the trustees are requlred to: select suitable accountlng pollcles and apply them conslstentty: make reasonable and prudent jud8ements and estimates; state whether applicable accounting stsndards have been followed. subject to any material departure disclosed and explalned in the financial statements; prepare financial statements on the going concem basis unless it is inappropriate to presume that the Charity will continue In buslness. The trustees are also responsible for. keeping proper accounting records; safeguarding the Charivs assets; toking reasonable steps for the prevention and detectlon of fraud. MrAWJones Date approved: 24th July 2025
AMMANFORD & D15TRicf MINERS WELFARE ASSoaATION FINANCIAL STATEMENTS INDEPENDENT EXAMINER'S REPORT Independent Exarnlnerfs Report to the Trustees of Ammanford & Olstrlct Mlners Welfare Assodatlon We report on the accounts of the Trust for the year ended 31 December 2024, whlch are set out on pages 4 to 9. Respectlve respon4bllltles of trustees and examln¢r As the charltvs trustees you are responslble for the preparation of the accounts. The chatlvs trustee5 con51der that an audlt is not required for thls perlod under sectlon 144 of the Charltle5 Act 2011 {the Act) and that an independent examinatlon Is needed. It Is our responslblllty to examlne the accounts under 5ectlon 145 of the Act and to state, on the basls of procedures specified by the General Olrections given by the Charlty Commissloners under sectlon 145151{b) of the Act, whether partlcular matters have come to our attentlon. Basls of Independent examln•rf$ report Our examlnatk>n was carrled out In accordance wlth the General Dlrertlons glven by the Charlty Commlssioners. An examlnatlon Includes a revlew of the accountSn8 records kept by the charity and a comparlson of the accounts presented wlth these records. It also Includes conslderatlon of any unusual Items Of disclosures In the accounts, and seekln8 explanations from you as trustees concernlng any such matters. The procedures undertaken do not provlde all the evldence that would be required In an audlt, and consequently we do not express an opinlon on the vlew glven by the accounts. Independ•nt eximlnerfs statsment In connectlon wlth our examlnatlon, no matter has come to our attention:. 11 whlch gfves us reasonable cause to belleve that In any materlal respert the requlrements al to keep accountlng records in accordance wlth section 130 of the Act; and bl to prepa accounts whlch accord wlth the accountlng records and comply wlth the accountlng requlrements of the Act have not been met; or 21 to whlch, In our oplnlon, attentlon should be drawn In order to enable a proper understanding of the accounts to be ached. AL), e &• Prltchard,Evans & Co. Independant Accountants 21 Carmarthen Street Llandeilo Carmarthenshl th 24 July 2025
AMMANFORD & DISTRICT MINERS WELFARE ASSOCIATION STATEMENT OF FINANaALAcfiviTIES FOR THE YEAR ENDED 31ST DECEMBER 2024 Restrlrted Unre$trirted Funds Fund$ 2024 2024 Total tor year 2024 Total for year 2023 Note5 Intornlng resources In¢ome and endowments from: Donations and legacies Charitable activities Other trading actNities Investments Other 3,167 8,196 17,250 17,068 23,497 2.873 1,209 17,068 23,497 2,873 1,209 2,503 Totsl Incomlng resour¢es 44.647 44,647 32,964 Resources expended Expendlture on: RaisinB funds Charitable actNities Other 4,258 31,405 14,204 2.501 35,663 14,204 2.501 37.818 9,653 2.299 Total resour¢¢s expended 4,258 48.110 52.368 49.770 Net (expenditure)fincome before Investment Ealns/11055es) 14,2581 {3.4631 17.721) 116.8061 Net gainslllossesl on investments Net Incomel{expenditurel for the perlod 14,258) (3A63) (7,721) (16.806) Transfers between funds Net movement In funds 14,258) 13A63) (7.721) (16,806) Totsl funds brought forward 87.668 286.480 374,148 390,954 Totsl funds carried forward 83,410 283.017 366A27 374.148
AMMANFORD & DISTicf MINERS WELFARE ASSOCIAlloN BALANCE SHEET AS AT 31ST DECEMBER 2024 2024 2023 FIXED ASSErs Tan8lble assets io 128,488 137,105 CURRENT AS5Ers Debtors Cash at bank and In hand li 13,605 225,748 17,126 223,557 239,353 240.683 CURRENT LIABILITIES Credltors: amounts falllng due wlthln one year 12 11,4121 13,6401 NET CURRENT ASSErs 237,941 237,043 NET ASSErs 13 366,429 374.148 FUNDS Inrne Funds Restrlcted Income funds Unrestrlcted funds 14 83,410 283,019 87,668 286,480 366,429 374,148 Approved by the board of trustees and slBned on Its behalf by MrA Wjones Date approved.. 24 July 2025
AMMANFORD &DISTRICT MINERS WELFARE AssoaATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 I. ACCOUNTING pouaes al 8a$l$ of preparatlon and assessment of 8olng concern. The flnanclal statements have been prepared under the historical cost conventlon wlth Items recognized at cost or transactlon value unless otherwise stated In the leVant notes to the accounts. The accounts have been prepared In accordance wlth the Statement of Remmended Practlce: Accounting and Reporting by Charitles preparing thelr accounts In accordance wlth the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021155ued on 16 July 2014 and wlth the Financial Reportlng Stsndard applicable In the UK and Republlc of Ireland IFRS 1021 and with the Charltles Act 2011. The Trust constltutes a public benefit entity as defined by FRS 102. The trustees conslder that there are no materlal uncertalntles about the Trust's ablllty to contlnue as a 8olng contern. b) R¢con¢lllatlon wlth prnvk)u$ Generally Ac¢epted Acwuntln8 Practlce In preparlng the èccounts, the trustee5 have consldered whether In applylng the accountin8 policies required by FRS 102 and the Charltles SORP FRS 102 a reststement of comparatlve Items was needed. No reststements we requlred. cl Income and expendlture15 Included net of value added tax. dl Depreclatlon Is provlded Sn equal In5tallments to wrlte off the cost of flxed assets over thelr aniiclpated usefvl Ilves. The followln8 rates have been applled:_ Freehold property-2.5% on cost perannum Flxtures,fittings & equlpment- IO% on cost per annum. el Grants, includln8 grants for the purchase of flxed assets, are reco8nlzed In full In the Statement of Flnanclal Actlvlttes In the year In whlch they are recewable. Restrfrted Unrestrlrted Funds Funds 2024 2024 Total for vèar 2024 Totsl for vear 2023 2. DONATIONS AND LEGAaES Ammanford District Miners Welfare Assoclation Soclal Club Ltd 3.167 3.167 3. CHARITABLE ACTIVITIES Rents receivable Lease of car park 14.666 2,402 14,666 2,402 5,807 2,389 17,068 17,068 8,196
AMMANFORD & DISTRicf MINERS WELFARE ASSOCIATION NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Restrlrted Unr¢strfrted Funds Fund5 2024 2024 Totsl for Totsl tor year vear 2024 2023 OTHER TRADING AcnviTIES Hlre of Room & Hall Occupatlonal Llcence & Expenses 1,380 22,117 1,380 22,117 260 16.990 23.497 23.497 17,250 5. INVEsfMENTS Bank Interest 2,873 2,873 1,848 6. OThER Sundry Income Government and other8rants Insurance proceeds 709 500 709 500 1,346 1,157 1,209 1,209 2,503 7. RAISING FUNDS Herltage Centre expendlture Rates & Water Heat & Ll8ht Insurance Repalr & Malntenance Depreclatbon CleanSng Sky rrf Subscrlptlon 1,575 2,265 13,248 4,752 3,594 5,436 535 1,575 2.265 13,248 4.752 3,594 9,694 535 1,328 3.050 15,749 4.310 3,639 9,470 272 4.258 4,258 31,405 35,663 37,818 CHARITA8LE ACTIVITIES Ammanford District Mlners Welfare Association Social Club Llmlted Ammanford Town Band Sue Ladd & Frlends Christmas glfts Ryan 4 Leukemla 12.550 50 50 1,554 12.550 50 50 1,554 6,603 50 2,850 150 14,204 14,204 9,653
AMMANFORD & DISTrICT MINERS WELFARE AssoaATION NOTES TO THE FW4ANaALsfATEMENTS FOR THÉ YEAR ENDEO 31ST DEMBER 2024 9. OThER Trustees & Ballot Expenses Accountancy Fees Bank CharEes Sundry Expenses Computer Maintenance Prlntin8 & Statlonery 71X) 1,365 11771 519 71J) 1,365 {1771 519 1.225 1341 470 38 2,501 2,501 2.299 Number of Trustees who were pald expenses 10. TANGIBLE HXEO ASSErs Totsl Freehold Fumlturn Prop•rty Ft8$ & Eqpt Fr•ehold Furnlture PYop•rty Ft8s & Eqpt COST At I. January 2024 Addltlons DIsp05als 170,321 44,238 119,927 256.999 1.077 591.485 1,077 As at 31st December 2024 170,321 44,238 119,927 258,076 592,562 DEPREaAnoN At I'january 2024 Charge for the year Disposals 82,653 44,238 92,650 1,175 234,839 4,261 454.380 9,964 As at 31st December 2024 86,911 44,238 93.825 239,100 464,074 NEf BOOK VALUE As at 31st December 2024 83,410 26,102 18,976 128.488 As at 31° December 2023 87,668 27.2n 22,160 137,105
AMMANFORD & DisfRICT MINERS WELFARE AssoaATION NOTES TO THE FINAN(JALSTATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2024 11. DEBTORS 2024 2023 Prepayments Value Added Tax Lease Car Park Spaces Ammanford District Miners Welfare Association Social Club Ltd 862 4,449 793 3.892 2.362 5,992 10,079 13.605 17.126 12. CREDtTOR5 Accruals Trade credltors Value Added Tax 1.042 370 1,412 ANALYSIS OF NEf A55ETS BEfwEEN FUNDS Restrfrted Gener41 IbKom• funds funds 2024 2024 Total funds 2024 Totsl 2023 Tangible fixed assets Current assets Current liabillties 83,410 45,078 239.353 11.412) 128,488 239.353 11.412) 137,105 240.683 (3.6401 Net awts at 31° December 2024 83,410 283.019 366.429 374.148 14. REsTricfED INCOME FUNDS Balance Incoming Outyolng Transfe Balance 311U124 Carmarthenshire County Coundl (Phase I building works) Coalfield Regeneration Tnt IPhase11 building works) Carmarthenshlre County Council (IT and Lift equipmentl 35.466 1,774 33.692 52,197 49.713 87,668 4.258 83,410