SOUTH KIRKBY MINERS. WELFAR SCHEME CHA ITY REGISTRATION NUMBER 523945 REP RT AND FINANCIAL STATEMENTS FOR TH YEAR ENDED 31 OECEMBER 2023
SOUTH KIRKBY MINERS, WELFARE SCHEME CHARITY ISTRATION NUMBER 23945 INDEX TO THE FINANCIAL STATEMENT YEAR ENDED 31 DECEMBER 2023 PAGE Legal and Administiative Details Truslee$' Report Independent Examinerf5 Report Statement ol Financial Aclivits"es 8alancÈ Sheet Notes to the Finanaal Statements 7-10
SOUTH KIRKBY MINERS. W LFARE SCHEME CHARITY REGISTRATION NUPABER $23945 LEGAL AND ADMINISTRA E DETAILS YEAR ENDED 31 DECEM8ER 2023 Address of Charity.. Millars Walk Off Stockingate South Kirkby Ponlelracl WF9 3DP Trustees.. Mr D B¢sto¢k (Resigned 2112120241 Mr S 8ostock Mr M Rhodés Mrs S Bostock Mrs C Harrison Mr D Vlhitehous8 Se¢rel8ry Mrs C Harrison Bankers.. Santander 62 Hadley Road Birmingham 8168PE Independent Examiner". J Wallage FCA CISWO Trading Limited The Old Rectory Rectory Drive Whislon Rolherham S60 4JG
SOUTH KIRKBY MINERS, WELFARE SCHEME CHARITY REGISTRATI MBER 523945 F THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 REPORT The tiustees present their rèport along hwth the financial statements ol the charity for the year ended 31 December 2023. Thè financial slalemenls have been prepared in accoidan¢e with the accounting poli¢ies sel out in note 110 the accounts which Gan be found on page 7 and comply with the charities trust deed. applicable w and the Charitses SORP FRS 102. Constitution, Obleetives and Activitles for th• Public Benellt The charity is constituted by a Scheme dated 25 February 2003 and was registered on 10 January 1962 with tl)e number 523945. Its objects are to provide a reCation ground and a welfaye inslrtute for the purposes of exercise and creatIOn for use by those who are workers in and around coal mines in the parish of South JQrkby and Moorthorpe The trustees have referred lo the guidance given by the Charity Commission on public benefit when reviewing the charilvs airns and objectives and dètails of the activities that have taken place during the year Can be foulld later in this report. Organisational Structure The trustees who have served the charity during the y8ar are shown on paga 1. The oharity is responsible for maintsining the premises and 115 contents and grounds in a suitable slate of repair for use by those who Iwe in the surrounding aa. It raises income through various charitable activib'es. the main onè being the hiring out ol Its fafjilrties to the general publi¢. bul a subslanlial amount of ils illcorne comes from its connected trading company, South Kirkby Colliery Miners, Welfare ScheThe Social Club Limited, which pays an annual occupational lince fee to th¢ etharrty in order lo run business from the Charrtvs premises. In addition lo this, the company also transfers any profit5 it makes to the charity under a Gifi Aid agreement so the trustees work closely wlh the directors to lry and ensure the company is profitable. thus ensuring extra income foi the charity. Trustee vacancies ar8 advertised and inte$ted parties are asked to appty in writing. Interviews will be hÈkl and surtable ¢andidates are then notffied to their nominating body being either CISWO, Trade Unh)n or members. The Trustee Board S made up of equal numbèrs of each nominat.ng body. Flnancial Review The trustees consider this has been a less rlisappoint*ng year rnainly due lo being lully reopened after the COVID situation Although further irnprovements and repairs have been undertaken which have improved the facilities. incoming resources have irnprov&J in the year bul the expenditure has increased. especially energy costs. This has resulted in an overall decrease in day to day funds. In 2022 the total movements In funds was a surplus of £2,491 12022. d¥ficrt of £14,346). Rèvlew Of Actlvltles Dunng the year the trust has been able to continue lo undertake Improvements lo the buildings and grounds so as to maintain and extend their use This is an ongoing situation wlh Injstees continualty monitoring and assessing projects and suggestions. Full use has been made ol the facilibos avai18ble and the sectt'ons have again been active throughout thè year The trustees would like lo thank the continued support of the many individuals who give théir work and efforts, voluntarily, in rnainlaining, promoting and supporting the various sèctlons and the Charity itself. Conbnued...
SOUTH KIRK8Y MINERS. WELFARE SCHEME ARITY REGI TRATION NUMBER $23 45 REPORTOF THE TRUSTEES CONTINUED FORT YEAR ENDED ECEMBER 2023 Investment Policy The charity does not have investment policy in place as such but the trustees have taken the sensible approach and have placed most of the liquid assets in interest beanng bank accounts. Reserves Polley It Is the policy of the trustees to maintsin unreslricled funds which are the free reserves of thè charity. at a level lo provide sufficient funds to cover anticipated adminislralion and support ¢0Sts for a period of 12 months. Any adtlition81 rtsserves are held to provide a Capital fund for repairs that will be required for Ihe upkeep ol the prgrnise3 Risk Manag•ment The trustees are aware ol the operational and financial risks which the charity lace$ and regularfy reviews those risks to mitigate against any irnpact th6y 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 tre facilit5 the introduction ol the younger generation to provide for the future. The tiulee5 work closely wth directors, committee and members to add5$ these risks. Statem¢nt of Trustees, R•sponsib41itie$ Law 3pplio8bPe lo charrties in Englad and Wales requires the trustees to prepare financial slalemènls for each financial year which give a true and fair view ol the charty and of the incoming resour$ and application of resources of the charity for that period. In preparing tho$e financial statements, the trustees are requ5red to.. select suitable accounting policies and then apply them consistently., observè the methods and prinaples in the Charrties SORP.. make judgernenls and ests"mates that are reasonable and wudent.. State whether applicable accounting standards have been followed subject to any material departures disclosed and explained In the financial statements, prepare the Iinancial statements on the going concern basis unloss trl 15 inappropriate to Pfesume that the charity will continue in business. The trustees ar8 responsible for keeping accounting records which disclose wllh reasonable accuracy at any time Ihe financial position of the charity and lo enable them to ensure that the financial 51alemenls cornply with the Charities Act 2011. They are also responsible for safeguariying the a55ets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other iiregularities. grFed - Trustee Print Name - Trustee 25 March 2024
INDEPENDENT EXAMINER'S REPORT ro TH TRUSTEES OF SOUTH KIRKBY MINERS, WELFARE SCHEME I report lo the Trustees on my examination of the accounts ol the above llamed charity IR6g15tered Nurnber 5239451 for the period ended 31sl Dernber 2023, set out on pages 5 10 10 Res onsibilitie$ and basls of re ort As the Gharities trustees you are responsible fof the preparation ol the accounts in accordance w7lh the requirernents ol the Charities Act 2011 (thè Acti. I report In respect of my examination of the Trustees, accounts carried out undèr section 145 01 the 2011 Act ancl In carrying out my examination I have followed all the applicable directions given by the Charity Cornmission under section 14515llbl of the 2011 Act. Inde ndent Examin rs Statement I have completed my examinab"on. I confirm that no material matters have ¢ome to my attention in connection with the examination giving me cause to believe Ihat in any mai6rial respect.. 1118ccounling records were not kept in respect ol the Charity as requirod by section 130 01 the Act." or 121 the accounts do noi accord with those erdS.. or 131 the accounts do not mplY %%ryth the applicable requirements conceming the form and wntenl of accounts set out ITI the Charities IAccounis and Reports) Regvlalions 2008 other than any requirement that the accounts give a 'lrue and fair vievl which Is not a matter considered as part of an independent examination. I have no concems and have come across no other rnatters in connecbon with the exarnination 10 ich attention should be drawn in this reptsrt in order to enable a proper understanding of accounts to be reache¢. 25 March 2024 J Walla9e FCA On Behalf ol CISWO Trading Ltd The Old Rectory Rectory Drive Whiston Rotherha S60 4JG
SOUTH KIRKBY MINERS. WELFARE SCHEME EMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2 Uttre$trlctod Dosignatsd R•8trktsd Fund Totsl Totsl 202 Incomo and Endowments Grants and donations Oeojpational licence Members efforts and subscriptions Ground Rent Bank interest receivable Other income Insuran Claims South Kirkby MWSC Limited 12,540 12,000 484 12,540 12.000 52,229 1,370 12.000 49,909 220 84 25 17,376 23,243 51,765 40 312 352 42.245 42,245 Totsl Incomg 67,289 52,077 119.366 Expendituro Maintaining the welfare institute and grounds Insurance Rates and water rates Light and heat Repairs and ronowals Depreaation 5,780 2.745 30.231 22.569 ?0,179 5,780 2,745 30.231 22,569 10,179 5,501 2.697 16,323 31.585 15,237 Managenient and Administration Accountancy Sundries 970 202 970 202 172 Direci ¢haritsble expenditure Cost of members efforts Entertainment costs 44.199 44,199 45,977 175 Total expenditure 72,676 44.199 116,875 118,573 Net movement Sn funds 15,3871 7,878 2,491 114.3461 Fund balances brought forward 68,120 50,592 2.500 121,212 135,558 Fund balanc•s earri•d forward 62.733 58,470 2,500 123.703 121,212
TH KIRKBY MINERS, WELFA E SCHEME BALANCE SHEET AS AT 1 DECEMBER 20 OTE 2023 2022 FIXED ASSETS Tangible assets 44,070 $4,249 CURRENT ASSETS Debtors Castt at bank and in hand Sects'ons cash and bank 16,1e4 12,504 58,470 14,074 8,213 50,592 87.158 72,879 LESS: CURRENT UABILMES Creditors falling dué wthin one ye8r NET CURRENT ASSETS 17,5251 15.9181 79,633 86.963 NET ASSETS 123.703 121,212 REPRESENTED BY.. Unrestricted funds Designated funds- Sethons Restricted funds 82,733 58,470 2,500 68.120 50.592 2,500 121,212 123.703 The finanpal statements were approved by the trusteès and signed on their behalf by." Igned - Trustee Print Name- Trustee 25 March 2024
sourH KIRKBY MINERS, WELFAR O THE ACC NTS FOR THE YEAR ENDE 31 DECEMB ME ACC LIC a} Ba$ls of prvparatlon and a8sessmtnt of going coneom Th& financial statements have been prepared under the historical cost convention unless olheTwse stated in the relevant notes to these accounts. Th¥ financial statements have been prepared in accordance with the Slalement of Recommended practi.. Accouftting and Repo.n9 by Charities IFRS1021. the Financial Reporting Standard IFRS1021 and the Charities Acl 2011. Thè trustees consider that there are no material uncertainties about the Tru5f5 ability to ¢onlinue as a going concèrn. The trustees h8ve a reasonable expectation that the Trust has aéequale reseeS to continue in operational existence lor the foreseeable future Accordingly the Iruslees Continue to adtspl the goin9 concern basis in the preparation of the accounts. bl Income Recognltlon Inwrne is recognised once the Charty has entillement lo the income, it is probable that thè income 11 be received and the amount of income receivable can be measured reliably. Donations are recognised when they are received. c) Expondltyre recognltlon Llabililies are recognised as expenditure 8$ soon as there is a legal or con$tnJctive obligatio committing the charity lo that expenditure, il is probabl¢ that settlement 11 be quired and tre amount of the obligation can be measured reliabFy. All expenditu is ac¢ounted for on an ac¢ruals basls. RESTRICTED FUNDS- GRANTS RECEIVED A grant was received during Ihe year ended 31 December 1998 from the English Sports Counc*l, on the re¢ommendation of the Lottery Awards Panel, to provide a5$15¢ance in the financing of additions and improvements lo the sporting facilities. These included a new floodltt crown grèen. floodlighting lor thè foo¢ba51 pitch, changing room upgrade. cricket pradieè area, boundary fèncing, ground equipment and car pathing. The total grant receive¢Y amounted to £106,408 and the excess cost of the work required was funded directty from unrestficted funds. Thè grant has been credited lo a restricted ftjnd. against which the depreciation of these improvem¥nls was charged. Thi5 grant has now been fully written down. Dsjring 2020 th¢re was a grant of£2,500 receive¢J from the South Kirkby and Hemsworth Miners WeWarÈ Fund. This gfanl carne with the condition that it Should be used towards an old folk's Ireal and was addéd to the re6th.cted fund. STAFF CO TS No remuneratlon was paid to Ihe trustees in the yèar and no staff ¢osls were Incur1.(2022.. Nil) ONATIONS Durin9 the year a donatioft of £12,$40 was wceived from South Kipkby Colliery cricket Club
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SOUTH RKBY MINERS. RE SCHEME NOTES TO THE ACCOUNTS CONTINUED RTHE ENDED 31 DECEMBER 2023 d & Flxtures Bulldln s Fittln FIXED A Total Al 1 January 2023 Addits"ons 308,428 142,992 451,418 At 31 December 2023 308.426 142.992 451,418 reclation At 1 January 2023 Charge for period 267,708 7,280 129,461 2.899 397,169 10.179 Al 31 Dernber 2023 274.988 407.348 Net Book Valu• At 31 December 2023 33,438 10.632 44,070 Al 31 Derntser 2022 40,718 13,531 54.249 2023 DEBTORS Prepayrnents Amount Due from South Kirkby Miners welfa Soual Club Lt VAT 541 12,914 2,729 513 13.561 18.184 14.074 CREDITOR nts fallln du• VA in OFFe ear Accnjals VAT 7,525 5,284 632 7,525 5.916
so TH RKBY MIN RS. WELFARE SCHEME OTES TO T ACCOUNTS CONTINUED R THE YEAR ENDED 31 DECEMBER 2023 9. SECTI S FUNDS Balane• Balanc8 Recelpts Payments Movement in ar Angling 80%1ng Cricket linduding Junior Cri¢ketl Dance Football Flying Club 16,383 1.957 26,829 14.867 113.3941 17.856 2,021 35,342 517 2,109 625 31,694 2,750 1.209 1.493 123,1811 12,7971 12.8871 11.9401 3.787 1,072 50.592 52,077 44,199 58,470 10