PENCOED MINER'S WELFARE HALL
CHARITY
UNAUDITED FINANCIAL STATEMENTS
31 MARCH 2023
Charlty number 524211

PENCOED MINER'S WELFARE HALL. CHAR
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
CONTENTS
PAGE
Trustees. Repjrt
rndependent ExamSnerfs Rewwt
Statement of Flnanclal Artivttles (lnCorp)ra￿n9 the Income and ExpendltLtre Account)
Balance Sheet
Notes to the flnancial statements

PENCOED MINER'S WELFARE HALL, CHARrrY
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2023
The trustees. have pleasu￿ in presentyng their report and the unaudited finandal stat￿ents or the charlty for
the year ended 31 March 2023.
REFERENCE AND ADMINISTIiATIVE DETAILS
Registered charity name
Penc(*d welfare Ing￿tUte
Charlty registratlon number
524211
Prlnclp•l Offlce and R*glst•r•d Oltt
welfa￿ Hall
Heol y Groes
Pencoed
Bndgend
CF35 SPE
THE TRUSTEES
The trustees who served during the year as follows..
Counclllor John Butcher (Chairman)
Mrs Judlth Butcher
Luke Fletcher MS
Mr Gordon Lewls
Mrs Wendy McDonald
Councillor John A Willlams
S•¢rntary
Mrs Judith Butch
Independgnt examln•r
Quiff Accountancy UmSted
32 Rhodfa Mes
Broadlands
Bridgend
CF31 58F
Bankerg
Na￿est Bank PLC
28 Adare street
Bridgend
CF31 IEN

PENCOED MINER'S WELFARE HALL, CHARITY
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2023
STRUCTURE. GOVERNANCE AND MANAGEMENT
Trustees are appointed by the management committee and serve for one year atter whlch period they may put
themselves forward for re-appointment subject to approval at a General Meeting. The trustees meet bi-
monthly or as agreed by the Committee. The charity is governed by a Deed of Trust adopted on 30 April 1965
and afflended by deed of vanation on 10 February 1987. The trustees abide by the Char￿,5 constitutlon which
Is revised periodScally and was last updated on 15 De￿Mber 2020.
The charity is run by the tnJstees and all deosK)ns are m&Je by them.
The charity reviews the fisks to whKh it 15 exrwd regLFlariy and the trustee5 take steps to ensure that these
rlsks are kept io a mlnlmum.
OBJECTIVES AND ACTIVITIES
The core aim of the charity Is
Provislon or radlltles for such forms of recreatlon In¢luding physlcal exerdse or other leisure-tlme
occupation as 0￿ conductive to the improvernent of the conditions of living of the Inhabitants or the
parlsh of Pen¢x)ed and the neighbourhood thereof and in partscular Itsut not exdusively) such of the
said inhabitants as a￿ meM￿rS of the mlning community.
ACHIEVEMENTS AND PERFORMANCE
Operations at the hall are fully ￿5￿Med wlth the pathJemi¢ behlnd us and the Trustees have met on several
occasions throughout thè year to keep up to date on routlAe buslness matters.
In the period under revlew the flnancial position ol the Hall has been challenglng with the annual accounts lor
22123 indlcatlng a deflclt (please see Treasurers Reporti. This was not unexpected glven the after-effects of
the COVID pandemlc together with drop irn income when the 8-Hive closed at the start of April and Luna
Reflexology Itenantl vacatlng the small offlce at the end of November., Selca Dayca￿ Nursery, started up In
November 2022 upon ach1eving thelr CIW wistratlon and wlth User levels appmaching normal. we expect any
dellcit to decrease slgnificantly in the forthcoming financial period. The diverse range and mix of both regular
and new communlty-based Users wlll Con￿nUe to support the hall as does the wular day hlre of the hall and
the tenancy of the small lounge which undersco￿5 the base operatlons ol the hall.
We have not yet mana9ed to secure a new tenant for the small offl¢e, but the space Is currently belng
advertised commer¢i)Ily on the slmilar twms as previously with some intertst genernted.
Hire rates lor the facllltyes have been maintained at the same level for several years, but these will need to
Increase durlng the 23124 flnondal peri(Ml due In part to the Increase In the cost-of-llvlng. In spe¢lal
circumstances concessions have been made to ensure that community users could use the focllltle5 Jt the Hall
and the Trustees recomrnend these concessions a￿ malntained going fotiyard.
The COVID restrirtions have now been lifted and no longer impatt the use of the hall but we would advlse that
Vsers rernaln cautlous and continue to tske p￿au￿On5. For the safety of our Users and Staff the hall wlll
continue to provide hand sanKClSer.
Belng mindful of the Trusiees. re5wnsibilibes, a series of ￿lI0'e5 have been implerrented with Rlsk
Assessments for F[￿, Health and Safety an(J an A￿e$S Audit being undertaken last autumn. Whllst the Fire and
Health and Safety Rlsk Assessments are due annually. the Water Safety Audit (Leglonellal Is cathed out bl-
annually and wlll be due Sn 2023.
Projects completed include ￿t￿ecoratIOn of the hall and fire ex¢t corridor, ￿p1a￿rnent of bllnds In the maSn hall
and more recently the replacement of the Main Hall kitchen. ThTS was assisted by grant runding obtained by the
Selca Daycare Nursery. As part of the RAOB development at the rear of the hall the enlarged car pa￿ has been
surfaced and lined with add￿onal disabled and stsff car parking bays.
The pollcy of using locally t￿sed contsBctors remains the goal and has proved to be cost effective as well as
community and environmentally fn"endly, subjert always to best value being achleved.
Development of the former RA08 Club for 21 apartments wlth a 78-week pry)gramme Is movSng at pa
although there has been sorre disruption to the hall and its, neightrt)urs, but the contractors have endeaVoU￿d
to maintaln a good working relationship with the hall 5tsff, Trust￿ and Users. The land swap wa5 concluded
which facilltated the increase and resurfacing of the rear parklng area of the hall the works are almost
completed.

PENCOED MINER'S WELFARE HAL¥ CHARrrY
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2023
FINANCIAL REVIEW
The charity has experienced a detrease in income over the year ¢Jue to the loss of hall hlre. Activitses have
been put in place to alleviate this such as teas and coffee5, adverts51ng the hall for hi￿ but these a￿ tsking
time to come on board. Due to the decrease in InaJrt* the trustees keep a tight rein on the costs Incurr&J.
Reserves kxjlicy
The dirertors have established a poliry whereby ￿n￿stritted fvnds not committed or invested in tangible fixed
assets held by the charity a￿ reviewed on an annual basls to ensu￿ that there are suffldent funds for the
forthcomlng pertcyj.
PLANS FOR FUTURE PERIODS
The charfty Is l¢J)king to Inrn5e its revenue strearr6 with new aciivitles.
RESPONSIBILITIES OF THE TRUSTEES
The trustees are responsible for preparin9 the Trustees, Annual Report and the finanaal statements In
accordan￿ with appllcable law and Unlt&J Kingdom Ac¢oundng Standarts.
Charlty law requlres the trustees to prepa￿ flnancial ststements for each financlal year whith give a true and
rair view of the state of affairs of the chadty and of the In¢orning resour￿ and appllcatyon of resource5,
lrtcludlng the Sncome and expen(Jiiyrt or the charfty for that year. Under the law the trustees have elected to
prepa￿ the flnancial ststements In accordan￿ with Unlted Klngdgm Generally AC￿pted AccounVng Practl
(United Klngdom Accountrng Standards afid appllcable lawl.
In prepartng these flnanclal ststements, thè trustees a￿ requlred to..
select sultsble accountlng pollcbes and then apply them consistently,.
observe the methods and prlnclples In the Chamtles SORP,.
make judgements and ests'mates that are reasonable and prudent..
state whether applicable UK Attounknng Stsndards have t￿n folltswetj, subject tr) any materlal
departures dlsclosed and explained in the financial statements..
prepare the flnancial ststements on the golng ￿n￿rn basis unks5 it is inapproprfate to presun)e that
the cmarlty wlll contlnue In o&*ration.
The trustees are responslb1e for keeping proper accounting records which disdose with reasonable accuracy at
ny time the financlal wsition of the chanty and which enable them to ensu￿ that the financial statements
comply wlth Charities Act 2011. The trustees are also responsible for safeguarding the asset5 of the chadty
and hence for taklng reasonable steps for the wevenbon and detectyon of fraud and other irregularities,
REPORTING ACCOUNTANTS
Quiff Accountancy ￿Mited will contr.nue in office as reports'ng accountants for the ensulng year.
Registered Office-
Heol y Groes
Pencoed
Bridgend
CF35 SPE
Slgned by order of the trustees
J Butcher
Setretsry
DATE.. 28 July 2023

PENCOED MINER'S WELFARE HALL, CHA
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PENCOED MINEER'S WELFARE
HALL
YEAR ENDED 31 MARCH 2023
In accordance with our temis of engagement, and in order to assist you to fulfil your duties under the Cmarlties
Act 2011, 1 have complled the financial statements of the company which comprise the Ststement of Financial
Activities. the Balance Sheet and the rela￿1 notes from the accounts.ng records and infomiation and
explanations your have given us.
Respectlve respon*lb1lltl￿ of trustee5 and examlne
The trustees are responsible for the preparab'on of the accounts. The trustees consider that an audit is not
required for thls year under section 144 of the Charities Act 2011 {the Chartttes Act}, and that an Independent
examination is reqylred.
Having satisfied myseir that the charity Is not subject to atjdit und¥ company law and Is eliglble for
Independent examlnation, It Is my responsibility to-
examine the accounts under sectbon 145 of the Charfties Art,.
to follow the procedures laid down in the general directions glven by the Charlty Commlsslon under
section 145{5llbl of the Charities Act,. and
to state whether particular matters have corre to my attenfjon.
Basls of Indep•nd•rt examlnerf6 f•POrt
My examinatSon was carried out in accordan￿ wlth the general diredions glven by the Charity Commlssion.
An examlnatlon Includes a revlew of the accountyn9 records kept by the charity and a compadson of the
accounts p￿sented wlth those records. It also indudes conslderatlon of any unusual Items or dIsclosu￿$ In
the accounts, and seeklng explanations from you as trustees concerning any such matters. The pr¢Kedures
undertaken do not provSde all the eVIden￿ that would te requlr8J In art audlt and consequenuy no oplnlon Is
glven as to whether the acc¢)unts prestnt a 'true and falr view, and the is Ilmlted to those matters set
out In the statement below.
Indopènd•nt •xamln•r'$ $tatsm¢nt
In connectlon wlth my examlnatlon, no matter has come to my attentlon..
111 whlch gives me ￿asOnable cause to believe that In any material respert the requirements..
to keep accounting records in accordan￿ wlth section 130 of the Charites Act,. and
to prepare accounts which attord wrfch the accounting ￿OrdS. comply wlth the methods and
prlnclples of the Statement of Reth)mmended Prartlce.. Accounting and Reptsrtin9 by Charitles
have not been met,. cf
121 to which, In my oplnion, attention sh¢)uld te drawn In order to enable a proper understsndlng of the
accounts to be reach&l.
Name
S Howan1 on
Behalf of Quiff Accountancy Umlted
Relevant professional quallrtca￿0n or body'.FCCA
Quiff Accountancy Limited
32 Rhodfa Mes
Broadlands
Bridgend
CF31 58F
Date: 28 July 2023

PENCOED MINER'S WELFARE HAL¥ CHARITY
STATEMENT OF FINANCIAL AcfIviTES (INCORPORATING THE INCOME AND
EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2023
Note
Unrestrlrted
Funds
Restricted
Funds
Total funds
31.03.2023
Totsl Funds
3L.03.2022
ZNCOMING RESOURCES
Ar￿￿be from
Donations
Charitable
artivities
Investments
25.901
80
25,901
80
30,037
TOTAL
RESOURCES EXPENDED
Expendlture on
Charltable acUvStles
0.her
44,038
965
44.038
965
36,322
495
TOTAL
INCOMEI(EXPENDITURE)
{19.022)
(19.022)
16,778)
Reconclllatlon of fund$
Totsl funds brought forword
42,010
42,010
48,788
TOTAL FUNDS CARRIED
FORWARD
The Stalement of Flnanclal Activfdes Indudes )11 galns and losses In the year and therefore a staternent ol total
r￿n1￿1 galns and losses has not been preparel.
All of the at*)ve amount5 relate to contlnulng acVvltle5.
The notes on pa9•s 8 to 11 forni part of thue financial rtatem¢nt$.

PENCOED MINER'S WELFARE HALL. CHARITY
BALANCE SHEET
YEAR ENDED 31 MARCH 2023
Year ended
31.03.2Q23
Year end￿1
31.03.2022
Flxed Assets
io
2,639
7,318
Current Assets
Debtors
Cash at bank
li
6,234
17.833
3,269
31,576
24,067
34,845
cred￿ors.arnoUnts l•lllng due
w￿h1n one year
12
et Current Assets
P4et Asxts
Funds
Restrtcted Income funds
Unrestricted In¢ome funds
13
22,988
42,010
Totsl Funds
14
The trustees a￿ satlsfled that the charlty Ss enbtled to exemption from the provIs￿n$ of the Cttarity Art (the
Artl relating to the audlt of the flnanclal statements for the year by vlrtue of sert*on 477 of the Companles Act,
and thar no member or members have requested an audit pursuant to sertlon 476 of the Companles Act.
The trustees acknowledge thelr responslbllltles for..
ensurlng thal the company keeps adequjte accounting ￿C{*d$ and
prepa￿ng the financlal statements whlch glve a true and fèlr vlew of the state of affalrs of the chartty
as at the end of the financial year and of Its surplus or deflclt for the financial year In accordance with
the requlrements of section 393, an(J which othervrfise comply wlth the requlrements of the Act
latlng to flnancial statements, so far a5 appiiuble to the charfty.
These flnancSal statements werè approved by the membtrs of the commlttee on the 28 July 2023 and are
gned on thelr behalf by..
Cllr J 8utcher (Chairman)
Trustee
Mrs J Butcher (Secrtaryl
Trustee
John A Wllllams cfreasurer)
Trustee
Luke Fletcher MS
TrJstee
Mr Gordon Lewls
Trustee
Mrs Wendy McDonald
Trustee
Charity Number: 524211
The notes on pa9es 8 to 11 forni part of these fin•n¢lal statemen

PENCOED MINER'S WELFARE HALL, CHARrrY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
ACCOUNTING POUCIES
Basis of accountlng
These accoLJllts have prepar￿1 under the hlstorical cost convention with Items rwnised at cost
or transartion value unless otherwise stated In the relevant notes to these accounts. The accounts
have been p￿pared In actx)rdance wlth the Statement of ReCom￿￿￿￿ed Practyce.'Accounting and
Reportlng by Cmarlties p￿paring their accounts in aCctsrdan￿ with the Nnancitil Rerrting stsndard
applicable in the UK and Republlc of Ireland and the Charities Att 2011.
Cash Ilow statement
The trustees have taken odvantsge of the exemptlon In Flnancial Rep)rting Standard No l (wlsed)
frofn induding a cash flov4 ststement in the financial sratements on the gn)unds that the company is
small.
Flxed assets
All fixed assets arE Inltlally recorded at cost.
Depre¢latlon
Depreclatyon Is alcu5ated so as to write ott the cost of an asset, less rts esb"mated resldual value, over
the usefvl economlc Ilfe of that asset as follows:
33.33% strèlght Ilne basls
30% strjight line basis
30% strai9hi Ilne basls
Property
8uildlng Improvements
Offlce equlpment
Fund Accountlng
Un￿StrIcted funds a￿ available fry use at the dlxreti¢)n of the tnjstees in furtheran￿ of the gèneral
oblectlves ol the charlty.
Restrtcted lunds can only be used for partlcular restrleted purposes wlthln the objects of the charity.
Restrlctlons adse when speclfied by the donor or when fvnds a￿ rnised for partlcular ￿$t￿tted
purposes.
Further explanatlon of the nature and purpose of each fund Is Indude£J In the notes to the flnonclal
statements.
IncomlrLg re•ourc•s
All incomlng resour￿ a￿ induded in the Statement of Financial Activlties when the chartty Is legally
entitled to the Income and the amount can be quantlfied with reasonable acojracy.
Resources expend•d
EXpendItu￿ is ￿COgnised on an accruals basis ènd has been classified under headings that aggregate
all costs relating tr) the category. whe￿ costs cannot be directly aitritriuted to partjcular headlngs
they have been allocated to athvltres on a basis consistent with the use of resou￿5.
Govemantt costs include those costs associated with meeting the constituDonal and statutory
requiremellts of the charity and Include the inderendent examination fees and costs IinkeLI to the
strategic management of the charity.

PENCOED MXNER'S WELFARE HALL. CHARITY
NOTES TO THE FINANCIAL sfATEMENTS
YEAR ENDED 31 MARCH 2023
Dooations and Charitable activities
Total
unrestrlcted
funds
Total
restrlcted
funds
Total
funds
2023
Total
fund$
2022
Charltable artivities
HI￿ of Hall
Grants recelv•bl¢
8ridgend County Borough
Councll
25,901
25.901
26,535
3,502
Investment Income
Total
unregtrlcted
tunds
Total
restrlcted
lund$
Total
nds
2023
Total
lunds
2022
Bank ￿nte￿5t recelvable
80
80
80
80
Colts of charlt•bl• •¢tl¥ltl¢$ by act5¥5ty typ•
Actlvltlts
ndertaken
dlrectly
Support
T4)tal
funds
2023
Total
funds
2022
Pencoed Welf8re Hall
37,156
6.882
44,038
36,322
Support Cost Allocatlon
The support costs have been all¢xated on the following basis:
Cost É
Printing, postage and statlonery
Bookkeeping
Telephone
Computer and soltware
Licences
Training costs
Refreshments
Depreciation
Usage basls
Floor aw basls
Usage basls
Usage basls
Usage basls
Usage basss
Usage basls
Usage basls
938
486
40
13
527
199
Support costs
Unrestrlcted
Funds
Total fund*
2023
Total fund$
2022
Governance
Accountancy fees
AGM
ICO Subscription
930
930
460
35
965
35
965
35
495

PENCOED MINER'S WELFARE HAL¥ CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Net incomlngloutgolng resources
This is stated after charging..
2023
2022
Depreciation -owned assets
Accountancy fee
4.679
480
4,463
460
There was no trustees. remuneratyon or other benefits for the year ended 31 March 2023 nor for the
year ended 31 March 2022.
There were no trustees, expenses pald for the year ended 31 March 2023 nor for the year ended 31
Mèrch 2022.
Ta¥atlon
As a reglstered chartty, Pencoed welfa￿ Inskntute is exempt from tax on income and galns falllng
wlthln section 505 of the Taxes Art 1988 or s256 of the Taxakn"on of Charyeable Galns Act 1992 to the
extent that these are applied to it5 charitable objects. No tay charges have ansen In thè Charity.
staff Co8t8
2023
2022
Wages and salartes
Penslons
Soclal securlty costs
17.278
16,205
790
P4rtlculars of employ•u:
The average number of empbyees dUrtr￿ the year, calculat&J on the basls ol fvll-tlme equlvalents,
were as follows..
Number of admlnistrative staff
Number of Tralnlng & Activity staff
No employee recelved remunerotson of more than £60.000 durin9 the year (2022-NIII
io.
Tanglble Flxed As$ets
Proparty
Bulldlng
Improvements
Offlce
equlpment
Total
Cost
At 01 Ap￿1 2022
Addltlons
Diswsals
At 31 March 2023
6.198
15,887
585
22,670
585
Depreclatlon
At 01 April 2022
Charge for year
Eliminated on disposal
At 31 March 2023
6,198
8,569
4,679
585
15,352
4.679
585
Net Book Volue
At 31 March 2023
At 31 March 2022

PENCOED MINER'S WELFARE HAL¥ CHARITY
NOTES TO THE FINANCIAL sfATEMENTS
YEAR ENDED 31 MARCH 2023
li.
Debtors:Amounts falling due wlthln one year
Total
unrestricted
fund5
Total
restrlcted
funds
Total funds
2023
Total
funds
2022
Trade debtor5
Prepayments
2,667
2,667
3,269
Credltor5:Amounts lalllng due wlthln one year
Total
unrnstrlcted
funds
Total
restrlcted
funds
Total funds
2023
Total
funds
2022
Trade credltors
Accruals
2,696
2,696
153
153
Movement In funds
At 01.04.22
Incomlng
resources
Exp¢ndlturn
At
31.03.23
Gener)I funds
Restricted funds
42,010
25.981
45,003
22,988
Analy81s of N•t AM¢ts ￿tween Funds
UnreJtrlcted
lunds
Regtrlcttd
funds
Year •nded
31.03.23
Year
ended
31.03.22
Flxed assets
Debtors
Cash at Bank and In hand
other
Net
Current
2,639
6,234
17,833
13,7181
2,639
6,234
17,833
(3,7181
7,318
3,269
31,576
11531
li

PEPICOED MINER'S WELFARE HAL¥ CHARITY
D￿AILED sfATEMENT OF FINANCIAL AcrIvrtIES
YEAR ENDED 31 MARCH 2023
2023
2022
INCOMING RESOURCES
Income
Donations
Grafjt - Bridgend County Borough Councfjl
25,901
26,535
25.901
30.037
Investment Income
Deposit account interest recelved
80
80
Total IncomJn9 rn%011rt¢s
25,981
30,039
RESOURCES EXPENDED
Costs of gen¢ratSng fund* - Charltabl• actlvltles
Wages
Pension
Rates and water
ght and heat
Insurance
Equlpment hlre
Repalrs
CleanSng
Premlses expenses
Advertising
Electrlcal Maintenan
Are safety Inspectyon
Gas inspections
Bad debts
17,279
16,205
790
1,038
5,251
1,318
449
33
1,297
228
865
4,713
520
449
17
2,482
4,536
180
3,443
1.661
108
59
414
2,116
90
Governanc• co•ts
Accountancy
Subscrlptlons - ICO
930
35
38,121
460
35
29,724
Support co$ts
Management
Postage and stationery
Bookkeepin9
Telephone
Depreciatlon
Ucences
Computers and sothvare
Training Costs
Refreshments
94
825
526
4,463
159
938
486
4,679
13
40
527
199
1,018
Total rnsourc•s expended
45.003
36,817
NET DEFICIT
(19.0221
(6,7781
This page dL*S nc* fom) part or the ststutory finatKial ststements
12