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2025-03-31-accounts

Grovesend Miners Welfare Scheme

Trustees Annual Report 2024 – 25

Current Trustees:- John White. Chair

David Merriman. Secretary

Andrew Hughes. Treasurer

Nigel Hoyles. Trustee [Retired Miner]

Jamie Whitton. Trustee

David Cole. Trustee

The beginning of the year was a difficult time for the trust with the sudden death of our Treasurer and friend Roger Wilde who will be sorely missed.

With very little time to prepare the annual accounts the secretary took on the role of treasurer and prepared the accounts for the year ending April 2024 for the approval of the trustees, these were subsequently submitted to the Charity Commission and our parent body the Coal Industry Social & Welfare Organisation (CISWO)

With our resources limited it was agreed to increase the rental fee for the storage units at the rear of the building and to limit financial assistance to local community organisations.

We were able to secure two major grants:-

The first was from the Swansea City Council for £25,000 towards the installation of solar panels to the rear elevation of the building together with storage batteries for use in the night.

The second was from the Grovesend & Waun gron Community Council for £1,000 to assist with the much needed refurbishment of the Gents toilet.

We also had a large expenditure with the replacement of the rear fire exit door which, due to age, wear and tear was continually triggering the intruder alarm system.

The net income for the financial year ending April 2025 was £31,385.00, the net expenditure was £33,092.00 resulting in a loss of £1,707.00.

The trustees agreed that this loss was acceptable considering the the amount of work undertaken.

It was agreed to transfer £3,000 from the business account into the current account to maintain a working capital.

Once again we were able to obtain a 100% relief on our rates for the Building.

We also obtained a improved insurance policy at a lower cost.

The continued close working relationship with the social club has seen an increase usage of the Welfare hall by community organisations with the Brownies, Keep Fit group, Karate and Friends of the Park group meeting regularly.

We have continued to correspond with CISWO, informing them of all developments but to date we have received no acknowledgement or support in return.

It is foreseen that as all major repairs and refurbishment have been completed that next year would be a more productive one.

I submit this report to the Annual General Meeting for their consideration.

Chair:- John White. J.S.White

Agreed:- W.D. Merriman, D. Coles A. Hughes N.Hoyles, J.Whitton

GROVESEND MINERS WELFARE SCHEME

STATEMENT OF ACCOUNTS For the year ending 5[th] April 2025

GROVESEND MINERS WELFARE SCHEME

Balance Sheet at 5thApril 2025 Balance Sheet at 5thApril 2025
FIXED ASSETS. 2024. 2025
Tangible Assets. £1,000. £1,000
CURRENT ASSETS
Prepaid Expenses
£300.00 Nil
Debtors
£95.00 £210.00
Barclays Current Account £1,871.00 £3,333.00
Barclays Savings Account £12,000.00 £9,165.00
TOTAL
£14,266.00 £12,708.00
CURRENT LIABILITIES
Creditors Nil Nil
Net Assets
£14,266.00 £12,708.00
Total Assets
£15,266.00 £13,709.00
Represented by
General Fund
£15,266.00 £13,709.00
Approved By J.S. White (Chair)

W.D.Merriman (Secretary)

Income & Expenditures to 5thApril 2025

Rentals Income etc

Bank interest £165.00 Storage room Rental £1,590.00 Pengelli Social Club Rental £3,000.00 Local Elections £300.00 Community Council Rental £330.00 Community Council Grant £1,000.00 Swansea City Grant (solar panels) £25,000.00 Transferred from Business Account £3,000.00

TOTAL

£34,385.00

Repairs & Renewals

Gardening £280.00 Toilet Renewal £3,640.00 Window Replacement £70.00 Electrical Repairs £54.00 Emergency Door Renewal £1,550.00

£30,814.00

Operating Expenses Burglar Alarm Maintenance £432.00 Fire Alarm Maintenance £288.00 Premises License £180.00 Premises Insurance £1092.00 Postage & Printing £46.00 TOTAL £2,038.00 Donations & Gifts Pengelli FC Nil Pengelli Primary School Nil Firework Display Nil Ladies Day £50 . 00 Sponsored Bingo Nil Xmas Drinks & Gratuities Nil Village Summer Fete £200.00 Total £250.00 Proft/loss for year Loss £1,717.00

GROVESEND MINERS WELFARE SCHEME

STATEMENT OF ACCOUNTS For the year ending 5[th] April 2025

GROVESEND MINERS WELFARE SCHEME

Balance Sheet at 5thApril 2025 Balance Sheet at 5thApril 2025
FIXED ASSETS. 2024. 2025
Tangible Assets. £1,000. £1,000
CURRENT ASSETS
Prepaid Expenses
£300.00 Nil
Debtors
£95.00 £210.00
Barclays Current Account £1,871.00 £3,333.00
Barclays Savings Account £12,000.00 £9,165.00
TOTAL
£14,266.00 £12,708.00
CURRENT LIABILITIES
Creditors Nil Nil
Net Assets
£14,266.00 £12,708.00
Total Assets
£15,266.00 £13,709.00
Represented by
General Fund
£15,266.00 £13,709.00
Approved By J.S. White (Chair)

W.D.Merriman (Secretary)

Income & Expenditures to 5thApril 2025

Rentals Income etc

Bank interest £165.00 Storage room Rental £1,590.00 Pengelli Social Club Rental £3,000.00 Local Elections £300.00 Community Council Rental £330.00 Community Council Grant £1,000.00 Swansea City Grant (solar panels) £25,000.00 Transferred from Business Account £3,000.00

TOTAL

£34,385.00

Repairs & Renewals

Gardening £280.00 Toilet Renewal £3,640.00 Window Replacement £70.00 Electrical Repairs £54.00 Emergency Door Renewal £1,550.00

£30,814.00

Operating Expenses Burglar Alarm Maintenance £432.00 Fire Alarm Maintenance £288.00 Premises License £180.00 Premises Insurance £1092.00 Postage & Printing £46.00 TOTAL £2,038.00 Donations & Gifts Pengelli FC Nil Pengelli Primary School Nil Firework Display Nil Ladies Day £50 . 00 Sponsored Bingo Nil Xmas Drinks & Gratuities Nil Village Summer Fete £200.00 Total £250.00 Proft/loss for year Loss £1,717.00

Grovesend Miners Welfare Scheme

Statement of Accounts for financial year 2024/25

I, John Burge, confirm I am independent of the above organisation and have carried out a review of accounts for the 2024/25 financial year. I have had sight of original copies of bank statements, cheque stubs and a copy of the income and expenditure balance sheet. The accounts appear to me to be accurate and a true reflection of the business during the year.

Signed :

Name : John Burge Date : 11[th] January, 2026