TREETON PMNERS. WELFARE INSTITUTE SCHEME REGISTERED CHARITY NO.. 623982 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
TREET MINERS, WELF TIT TE SCH ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 INDEX CONTENTS PAGE Legal and Administrative Detai15 Trustees. Report Independent Examinerf5 Report Statem$nl of Finanaal Activibos Balan Sheet Notes to the Accounts
TREETO INERS, W EIN IT CHEM LEGA AND ADMINISTRATNE DETAILS AS AT 31 DECEMBE 2023 REGISTEREO CHARITY NUMBER 523982 TRUSTEES: D Whysall IDeceas8d 281W20231 G Grant K Smithurst (Resigned 518120241 N Kitteridge SECRETARY J Lewn PRINCIPAL OFFICE Awndel Street Treelon Rotherham S60 5PW BANKERS.. c0peraty've Bank plc 27 8ridgegat8 Rolherham S60 1SN ACCOUNTANT.. J Wallage FCA CISWO (Tradingl Limited The Old Rectory Reclcry Drive Whiston Rotherham S60 4JG
MINE LFARE IN E SCHEME ES FOR THE Y AR ENDED 31 DE RT FTHETR BER 2023 The Iruslees present Ihoir report along wlh the financial statements ol the chanty for the year ended 31 Dember 2023. The finanaal statemen15 have been ppared in accordance with the accounting pdicies sel l in note 1 to the accounts which can be found on page 7 and ctsrnply 1th the charill8$ trust deed. applicable law and the Charities SORP FRS102 Constitullon and Obl•ets The charity is constituted by a lease and tW5t deed datod 4 July 1961 and an amended scheme (Sated 14 October 2003 and registered wrth the Charity Commission under number S23982. Its object$ are to provide a elfare institute with facilities lor physical CreatIon and oth&r leisure time activth.èsto imwove the INing con¢Yitions of the inhabitants of the wllage of Tfeeton and surrounding ar&as rhe trustees have referred lo the guidance gNen by th& Charity Commission on public befil when reviewing the charty's aims and objectives and details ol thè activities that h8ve18ken place during the year can be found later in this r&FX)rt. Organlsatlonal Structurè The trustees who have served the charity during the year are shown on page 1. The charity is responsiblè for maintaining the premises its contents 8nd grounds In a suitable stale ol repair for use by thos6 live in tme surrounding area. It raisès some funds through various charitable acts'vits'es but a sub3tants.al amount of 11$ income comes frorn its trading company. Treelon MWI S¢home SoGal Club Ltd. which pays an annual occupational lic¢nce fee to the charity in order to run its bJsintr55 from the charity'5 premises. In addibon lo this. the cornpany s0 translers any profits it make5 to the charity under Gift Aid agreèment, so the trustees w)rk closdy wth the directors lo try to ensvre the company is profitable. ihus ensuring axlra incorne lor the ¢harity. Financlal Revlew The charsty had net outgoing resources of £17,952 lor Ihe year as comparod th nel incoming iesources of £20,241 in the previous year. This is due to the large increase in utility costs wth light and heat doubling and decrease in the gift aid Iransler from the S¢Yial Club. The connected trading cornpany has mado a ¢onlribulion of £29.59612022 '. £62,153) R8vl8w of A¢tlvltles The trustees are pleajed and proud lo support the local communty. This is achievt)d by providing a free annual Christmas Party for the retired rnernbers which includes a free Christmas 'nr. drinks, rafflo prvies and enlertainrnent. Our facilities are use by various groups to hokj acbvilies such as danong dasses. keep fil, slimming classes and autornobile group$. The facilit'es ar& also used by members lo raise money for various charities induding Ma¢rnillan Nurses, Dementia chanlies and Rotherham Hospice. The schemo possesses a b0ing green available fw members and the locd eomrnunity. Continued .
EETON MIN ' WELFA FTHE RTHEYE STIT TEES TINUED NDED 31 DECEM8ER 2023 Investment Policy The charty does not have #n investment polio as such bul the Iruslees have taken the sénsible option and placed the bulk of the charills liquid assets in an Interest bearing b8nk aco)unt. This produces a small amount ol Income for the charity while at the sarne tirne meaning that the monay is instantly accessible to meet thè ¢harity's exp8n5es. Reserves Policy It 1$ Ihe policy ol the trustees lo maintain UnresCle4 funds vknich a the free reserves ol the charity. al a level lo provide suffiaent funds lo cover ants"cipale¢J administratr.on and sUPPOrt costs for a perd of 12 months. Any additional reseryes are held to provkle a ¢apital fund for repairs that will be required for Ihe upkeep ol the premises. Risk Managem•nt The trustees are aware of the operational and finarcial risks vthich the charity face5 and regularfy reviews those risks to mitigate against any impact they may have on the charity. The major risks laang the charity a the conthntjed success of the Sooal Club from which it dérives its main funding, the support of individuals arid the ¢ornmunity in using the facilities and the introdu¢lion of the younger generation lo provide for tho future. The trustee$ work dosely with directors arbd members to address these risks. Statement of Trustees. R•sponslbllltl&s Law applicatAe lo chanti8$ in EnglaThY and Weles requires th& Trustees to Ppare finanaal statements for aach financial year whith gNe a true and fair view of the charity and of the in¢oming resourctrs and application of resources ol the charity lor that period. In pr•paring those finanfial statements, the trustees are required lo.. select suitable accounting pdiGies and then OpY Ihem o)nsistsnVy'. observe thè rRethods and pnrriple5 in the Charities SORP". make judgements aTrJ ests'mates that a reasonable and prudent.. state whether applicable accounting standards have been followed subject lo any material departures disdosed and explained in the finanoal slalernents., prepare the financial statements on the gThng concem b8$is unless It is inappropriate to presurne that the charity wll continue In operation. The trustees aro also reswnsible for keeping proper accountiny mcords thich di$¢lose with reason&ble accura¢y at any lime the financial position of the charity and which enable Ihern to ensure that the financial stslements comply wlh the Charities Aci 2011 They are also responsible for safeguarding the assets of the arity and hence for taking 88Qnable steps lor the preventson of fraud and othèr irregularities. Signed- Trustee Print Narne- Trustee I&- IL4* Oate
EP NDENT EXAMIN R'S REPORT THE TRUSTE TREET N MINERS, W FA INSTIT TE I report to the Trustees on my examinthon ol the account5 of the above name(l ¢harity (registered no. 5239821 for the year entsed 31 December 2023, 501 out on pages S 10 9. onslblll andba I fr As tho ¢h8rity tnjstees you are responsble for the pparatIOn ol the accounts in accordance the requirements ol Ihe Gharilies Act 2011 (the Acll. I raport in respect of my exarnination of The Trustees, accounts carried out under 50cb.on 145 01 the 2011 Act and In carrying out my examinats'on I have followed all applicable Directions given by the Chanty Commission under sectKJn 14SISllbl of tbe 2011 Act. Inde ndan Exa Iners Statem I have completed my exarninalion. I confirm that no malerial matter5 have come to my attention in connection wth the examination giving me cause to believe that in any material r*$pecl'. 111 accounting records weré not kept in respect of the Charity as required by section 130 01 the actr, or 121 the accounts do not accord with those records.. or 131 the accounts do not comply wth the applicable requirèments conceming the lorrn and content ol accounts sel out in the Charitses (Accounts and Reports) Regulats"ons 2008 other than any ruIreMent that the 8¢counts give 'a true and lair view which Is not a matter considered as part of an independent examination. I havè no Thinm$ and hav$ come auoss no oth$r matters in conn6cDon wth the examinatson to atterFtion should be in this report In order to enable a proper understandin9 01 the a¢Unts lo be reactted. 7tr-L4thW J Wallage FCA On behalf ol CISWO (Trading) Ll(J The Old Rectory Rectory Drive Whiston Rotheth8m S60 4JG Dale
TREETON MINERS, W STITUTE CH STATEMENT OF FINANCIAL ACTIVITIES THE YEAR ENDED 1 DECEMBER 2023 Gen•ral nated Funds Funds Total To 202 INCOMING RESO CES Bank interest Other donalK)ns and sundry income Gift Aid Snooker & Pool Inel of table rental) Occupational Licence 109 109 15 5CM) 62.153 2,748 12.000 29,596 3.097 12.000 29,596 3,097 12,OCQ TOTAL INCOMING RESOURCES 44.802 44.802 77,416 RESOURCES EXPENDED Dir cl ble Ex Dèpfecialion Rgnt. rates and insuran Light and heat R@paii$ and maintenance Bank charges Other expenses enditur 5.130 19,476 17,548 16.254 130 1,138 5.130 19,476 17,548 16,254 130 1,678 7,476 15,690 9,239 19.723 120 2,764 540 59.676 540 60,216 55.012 Governan Is Accountancy Fees Bookkeeping Services Honoraria 1.168 330 1,168 330 1,040 1.123 1.040 TOTAL RESOURCES EXPENDEO 62.214 540 62,754 57,175 NETMOVEMENT IN FUNDS 117.4121 15401 117,9521 20,241 Fund balances brought fOard 194.838 S40 195,378 175,137 FUND BALANCES CARRIED FORWARD 177,428 177,426 195,378
TREET NMI S, WELFARE INSTIT CHEME BALANCE SHEE AS AT 310ECEMBER 2 Notes 2022 FIXED ASSETS Tangible assets 120,095 125,225 NT ASSETS Debtors and prepayrnents Cash at bank and in hand 69,516 10,944 77,629 17.017 80.460 94,646 LESS.. CURRENT LIABILITIES Craditors" Amounts falling due within one year 123, 1291 124,4931 NET CURRENT ASSETS 57,331 70,1S3 TOTAL NET ASSETS 177,426 195,378 FUNDS Unrestricted income lunds General fund Oe51gnated funds 177,428 194.838 540 177.426 195,378 ApFKoved by the Trusiees and signed on their behalf by". Signed - Trustee Print Name. Trustee ZI IKIL
ETO MIN LFA ITUTE SCH ME NOTES TO TH FINANCIAL TATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2023 COUNTING POLICIES al Basls of prèparatlon anil as#e$sment of going concern The finanrAal statements have been prèpared under the historical cost ¢onvenlion unless othe78e stated in the relevant notes to these accounts. The financial statements have been prepared in accordan with the Siatament ol Recommended Prathce. Accounting and Reporting by Charities IFRS1021 and the Finanaal Reporting Standard IFRS1021 and the Charity'es Act 2011 Tha trustees consider that there are no material uncertainlles about the charities ability lo conty'nue a$ a going conc8m. The trustees have a reasonable expectation that the charity has adequate reserves lo ¢onlinue in oporalional existencè for the foreseeable future. Accordingty the trustee$ conb.nue to adopt the going concèm basi5 in the preparation ol the accounts. bl Incom8 Recognltlon Income is recognised once the Charity has entillemenl to the income. It is probable that tt)e income will be received and the amount of income reeeiv8ble can be measured reliably cl Expendrture reeognition Liabilities are recognised as exndItUre as scK)n as there is a legal or constructive obligatyon committing the charty lo that expenditure, Il is probable that settitsment wll be required and the amount of the obligation can be measured reliably. expenditu is aetounled for on an accruals basis. dl Depreciation Depreaalion Is provKled to Wfrto off Ihe cost or valuab'on less esb'maled SIdUal valuè of all fixed assets over their expected useful lives. Charges lor the year are calculated using the straight line method al tre fdlowing rates.. Fixtures and fittings Long leasehold propety Short leasehold property SmokiTra Canopy & Benches 15Q 4% 15V
ETON MINERS. W LFARE INSTITUTE CHEME NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Lo Lgas&hol Short Flxturss ther 2. TANGIBLE FIXED ASSETS tal Pro r Valuation At t January 2023 Addllions 229.202 6, 1fj4 101.511 20,369 357,248 At 31 Oe¢8mber 2023 229,202 6.164 101.511 20.369 357,246 Oe reciation At 1 January 2023 Charge lor the year At 31 Dember 2023 104,784 4,583 5,677 247 101,211 300 20,369 232,W21 5,130 109.347 5.924 101.511 20.369 237,151 Net Book Valua At 31 December 2023 119,855 120,095 At 31 December 2022 124.438 300 125,225 2022 3. DE8TORS Prepayments arKI accrued incom VAT Arnount due from Treeton Miners Welfare Institute Scheme Social Club Ltd 1,359 2.369 65.788 5.272 5.435 66.922 69,516 77,829
ETON MINERS. ELFARE INSTI UTE SCHEME NOTes TO THE FINANCIAL STATEMENTS FOR THE Y AR ENDED 31 DECEMBER 2023 2023 2022 CREDITORS.- Amounts fallin due wlthln one Accruals & other creditors Purchase ledger balan¢e8 3.460 19,669 3.822 20.871 23.129 24,493 nin Movement Closin In Ba anc DESIGNATED FUNDS Secb'ons $40 15401