## **Charity number 525041**
## **CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**Trustees’ report and financial Statements**
**For the year ended 1st January 2025**
## **CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
FINANCIAL STATEMENTS For the year ended 1st January 2025
|**Contents**|**Page**|
|---|---|
|Reference and administrative details|1|
|Trustees’ Annual Report|2|
|Independent Examiner’s Report to the Trustees|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8|
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**1**
## **Reference and Administrative Details**
The charity operates from Clipstone Social Club, Mansfield Road, Clipstone Village. Nottinghamshire.
## **Trustees:**
The Trustees who served during the year ended 1st January 2025 were as follows:
R. Clarey J. Hawkins Deceased - 1st March 2025 M. Gillott P. Griffiths A. Griffiths I. Woodall Appointed - 14th August 2024
In addition, J. Vardy was appointed as a Trustee on 26th February 2025.
## **Advisors** :
Independent Adkin Sinclair LLP Examiners: Sterling House 32 St John Street Mansfield Nottinghamshire NG18 1QJ
Bankers: The Co-operative Bank PLC Co-operative House Queen Street Mansfield Nottinghamshire NG18 1HN Solicitors: Hopkins Solicitors Eden Court Crow Hill Drive Mansfield Nottinghamshire NG19 7AE
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**2**
## TRUSTEES’ ANNUAL REPORT
The trustees present their report and the financial statements for the year ended 1st January 2025. The trustees who served during the year and up to the date of this report are set out on page 1. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities".
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
## **Objectives and Activities**
The trustees will keep working with and supporting all our sub committee’s and will continue to apply for grants where possible to support and improve our charity, but in the current financial climate this continues to be increasingly difficult to achieve.
Our thanks go out to all the members and staff of Clipstone Social Club without their support the charity would not be able to carry on supporting the following activities: bowls club, cricket club, football club (senior and junior), friendship club and youth club, British legion and many more.
## **Public benefit**
The Trustees confirm that they have had due regard to guidance published by the Charity Commission on public benefit.
## **Achievement and Performance**
The main income for the trust is money received from donations and grants particular thanks to Clipstone Parish Council and Clipstone Social Club. During this year the trust received £75514 from the social club, compared with £48588 the previous year.
## **Risk Policy**
The trustees are responsible for the management of the risks faced by the trust. Detailed considerations of risk are identified, assessed and control established throughout the year. A formal review of the trust’s risk management processes is undertaken on an annual basis. Through the risk management process established by the trust, the trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.
## **Activities Contributing to the Achievement of Objectives**
Clipstone Welfare Colts - Currently running 23 teams including 4 girls’ teams and development group which continue to be well attended and looks promising for future. A big thank you to Paul and Anne Griffiths and all the colts committee and helpers who are doing a great job for our youngsters.
Senior Football - First team play in Midlands County Central league: many thanks to members of the committee, our sponsors and Ian Cotton, his management team and players who are performing well on the pitch.
Cricket Club - Another good season with 1[st] team getting promotion to Notts premier League, well done to all involved in running the cricket club with 2 adult teams and a junior section. Many thanks to all at the cricket club who have helped during the season.
Bowls Club - Have had a good year, finishing in good positions in two leagues and winning Monday Night Cup. Our thanks go to Billy Orange Alan Derbyshire and the team for their hard work in keeping the green and surrounding areas in excellent condition.
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**3**
TRUSTEES’ ANNUAL REPORT – (continued)
## **Activities Contributing to the Achievement of Objectives (continued)**
Friendship Club – Still going strong and increasing numbers. Our thanks go to Barbara and her team of volunteers for all their hard work.
Knit and Natter club our thanks go to Barbara and her team for running this group which is going from strength to strength and carrying out many projects to support our community.
Youth Club - The youth club is going from strength to strength with an average of 80 plus using the club most days when open, many thanks to Amanda Hill and her staff for the great job they continue to do for our youngsters.
## **Financial Review**
The principal income of the trust is by the way of monies received from Clipstone Social Club Limited. During the year the trust received the sum of £75514 from Clipstone Social Club Limited under the terms of occupational licence (2024: £48588). Overall the trust had net expenditure of £128119 in the year (2024 net income: £147387).
## **Reserves**
The trust’s reserves at 1st January 2025 were £298986 and are held to facilitate the continued upgrading of the trust's facilities.
The level of total reserves is judged appropriate for the present situation and needs of the trust.
The trustees will review this position and policy on an annual basis.
## **Plans for Future Years**
The planned move of all activities from lido ground to ex-colliery site is progressing at pace and we expect positive actions in obtaining land swap agreement and planning in next financial year, which will enable us to expand available playing space with new clubhouse, artificial pitch etc to improve and futureproof activities for long term future. Many thanks to the team at NSDC and Welbeck Estates for their support with the colliery project and their help raising funding to bring our vision to reality.
## Welfare building -
The Welfare building is being upgraded with phase1(Kerry suite) due to be completed February 2025, many thanks to Billy Orange, Dell Slaney, Dave waters, Ian Simpson, Amanda Hill, Mark Walkman and many more who all volunteered their time and skills to help to bring this project to fruition.
## **Structure, Governance and Management**
Under the power given in the Charities Act 1993 as of the 1st September 2006 Clipstone Miners Welfare Trust became known as Clipstone Miners Welfare Community Trust and is a registered charity regulated by a scheme of the Charity Commissioners dated 1st September 2006 charity no (525041).
The Trustee`s would like to thank all members of our sub-groups who having been made aware of the difficult financial position the charity is in, have all rallied around to help where possible to minimise cost to charity by providing money for utilities, volunteer hours and in some cases materials, it is only down to these community spirited people that we are able to continue to provide all our facilities.
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**4**
STATEMENT OF THE TRUSTEE'S RESPONSIBILITIES
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008 and trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the Board,
**R. Clarey Trustee**
## **20th August 2025**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CLIPSTONE 5 MINERS WELFARE COMMUNITY TRUST**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 1st January 2025 which are set out on pages 6 to 15.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Adkin Sinclair LLP Mr Christopher Adkin Sterling House Chartered Accountant 32 St John Street Mansfield Nottinghamshire NG18 1QJ**
**6**
## **CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
STATEMENT OF FINANCIAL ACTIVITIES (incorporating the income and expenditure account)
For the year ended 1st January 2025
|**Notes**
**Funds**
**Unrestricted Restricted**
**£**
**£**
**Income from:**
Donations and legacies
2
22111
42520
Investment and property income:
Rental income
10303
-
Charitable activities:
Clipstone Social Club Limited
Occupational licence
3
75514
-
Government grants
4
-
-
_______
_______
**Total income**
107928
42520
_______
_______
**Expenditure on:**
Charitable activities
5
85981
192586
_________
_________
**Total expenditure**
85981
192586
_______
_______
Net income / (expenditure)
21947 (150066)
Transfer between funds
(12171)
12171
_________
_________
**Net movement in funds**
9776
(137895)
Total funds brought forward
134412
292693
_______
_______
**Total funds carried forward**
144188
142628
|**Total**
**2025**
**£**
64631
10303
75514
-
_______
150448
_______
278567
_________
278567
_______
(128119)
-
_________
(128119)
427105
_______ _
298986
|**Total**
**2024**
**£**
343672
5763
48588
-
______
398023
______
250636
________
250636
______
147387
-
________
147387
279718
______
427105
|
|---|---|---|
The statement of financial activities includes all gains and losses for the two financial years and therefore a separate statement of total recognised gains and losses has not been prepared.
All income and expenditure derive from continuing activities.
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**7**
BALANCE SHEET As at 1st January 2025
|**Notes**
**£**
**Fixed assets**
6
**Current assets**
Debtors
7
60826
Cash at bank and in hand
140010
______
200836
**Creditors: amounts falling**
**due within one year**
8
10647
______
**Net current (liabilities)/assets**
**Total assets less current liabilities**
**Creditors: amounts falling due**
**after more than one year**
9
**Net assets**
**Represented by:**
Restricted funds
10
Unrestricted fund - accumulated surplus
10
**Total funds**
|**2025**
**£**
**£**
133797
49716
236234
______
285950
8174
______
190189
**______**
323986
25000
______
298986
______
144188
154798
______
298986
______
|**2024**
**£**
174329
277776
**______**
452105
25000
______
427105
______
292693
134412
______
427105
______|
|---|---|---|
These financial statements were approved and authorised for issue by the Board of Trustees on 20th August 2025 and signed on its behalf by:
## **R. Clarey Trustee**
The notes on pages 8 to 15 form part of these financial statements.
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**8**
Notes to the financial statements For the year ended 1st January 2025
## **1.1 Summary of significant accounting policies**
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.
## **1.2 Basis of accounting**
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.
## **1.3 Cashflow**
The charity has taken advantage of the exemption in the Charities SORP from the requirement to produce a cashflow statement, on the grounds that it is applying FRS 102 Section 1A.
## **1.4 Income**
All income is recognised in the Statement of Financial Activities when it is receivable with the exception of gifts and donations which are recognised when they are received.
## **1.5 Expenses**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
- Charitable expenditure comprises those incurred by the charity in the delivery of its activities and its services for its beneficiaries. It includes both costs that can be allocated to such activities and those costs of an indirect nature necessary to support them. Expenditure on grants is recorded once the charity has made an unconditional commitment to pay the grant and this is communicated to the beneficiary or the grant has been paid whichever is the earlier. The charity has not made any grant commitments of more than one year.
- Governance costs include costs associated with meeting the constitutional and statutory requirements of the charity and include the examiners fees and costs linked to the strategic management of the charity.
## **1.6 Fixed Assets and Depreciation**
Freehold land is stated at cost. No depreciation is provided on freehold land. All other fixed assets are stated at cost less depreciation.
Depreciation is provided by the charity to write off the cost less the estimated residual value of tangible fixed assets over their estimated useful economic lives as follows:-
Alterations and refurbishment 15% straight line/10% reducing balance Furniture and equipment 25% reducing balance/10% reducing balance Tractors and implements 25% reducing balance Computer equipment 25% straight line Ground improvements 5% and 10% straight line
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**9**
Notes to the financial statements For the year ended 1st January 2025
## **1.7 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **1.8 Restricted Funds**
Grants receivable for specific projects whether used to purchase fixed assets or expended on items of a revenue nature are classified as restricted funds.
Restricted funds used to purchase fixed assets are reduced over the useful economic life of the assets purchased in line with depreciation.
## **1.9 Unrestricted Funds**
These are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
## **1.10 Transfers between funds:**
Where permitted, the release of restricted funds to unrestricted general or designated funds may be made at the conclusion of a restricted activity. General unrestricted funds may be transferred at the discretion of the trustees to assist in supporting a particular activity.
## **1.11 Government Grants**
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the years in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the year in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**10**
Notes to the financial statements For the year ended 1st January 2025
## **2. Donations and legacies**
|**Funds**
**Unrestricted Restricted**
Football Club towards costs
- 30614
Nottinghamshire County Council
-
-
Clipstone Parish Council for youth club
-
10000
Thomas Farr charity for youth club
-
Colliery Sport Project
-
-
Community Hub
-
1906
General donations and other income
22111
-
_____
______
22111
42520
|**2025**
**2024**
**£**
**£**
30614 72537
-
10000
10000 10000
-
3000
- 169169
1906
55879
22111
23087
______
_____
64631 343672
|
|---|---|
## **3. Clipstone Social Club Limited**
Received under occupational licence representing contribution towards direct charitable activities
**2025 2024 £** 75514 48588 ______ ______
## **4. Government Grants**
|**4. Government Grants**|||||
|---|---|---|---|---|
||**Funds**||**2025**|**2024**|
||**Unrestricted**|**Restricted**|**Total**|**Total**|
||**£**|**£**|**£**|**£**|
|Government grants|||||
|Youth club|-|
-|-|
-|
|Football club|-|-|-|-|
||______|______|______|______|
||-|-|-|-|
||______|______|______|______|
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**11**
Notes to the financial statements For the year ended 1st January 2025
## **5a. Charitable Activities**
|**Funds**
**Unrestricted**
**Restricted**
**Direct costs**
**£**
**£**
Contributions to sections expenses:
Youth club
360
5797
Youth club staff costs
2306
18079
Football club
757
23941
Bowls
1720
-
Colliery Sport Project
-
80856
Community Hub
94
29149
______
______
5237
157822
______
______
**Sports ground maintenance**
Groundsman
2326
-
Upkeep of grounds
962
21
______
______
3288
21
______
______
**Support costs (actual basis)**
Premises costs:
Rates
968
-
Water
7241
519
Lighting and heating
23621
-
Repairs and maintenance
18985
-
Depreciation of fixed assets
16374 25563
Governance costs (note 5b)
2056
-
______
______
69245
26082
______
______
**Others:**
Legal and professional fees 10 8195
Property fees: Agents fees
-
-
Sundry expenses
8201
466
_____
_____
8211
8661
______
_____
Total
85981
192586
|**2025**
**2024**
**Total**
**Total**
**£**
**£**
6157 6669
20385
17346
24698
34543
1720
-
80856
58358
29243
66
______
______
163059 116982
______
______
2326
2263
983
4366
______
______
3309
6629
______
______
968
1135
7760
7167
23621
33101
18985 21609
41937
45999
2056
1794
______
______
95327
110805
______
______
8205
3364
-
720
8667
12136
_____
_____
16872
16220
______
_____
278567
250636
|
|---|---|
Expenditure on direct charitable activities was £278,567 (2024 - £250,636) of which £192,586 (2024 - £100,841) was attributable to restricted funds.
|**5b. Governance Costs (actual basis)**|**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Printing, stationery, postage and telephone|56|44|
|Independent Examiner for independent examination|600|500|
|for other services|1400|1250|
||_____|_____|
||2056|1794|
**_____ _____**
**12**
## **CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
Notes to the financial statements For the year ended 1st January 2025
## **5b. Governance Costs (actual basis) (continued)**
Cost allocation includes an element of judgement and the charity has had to consider the cost benefit of all detailed calculations and record keeping. To ensure full cost recovery on projects the charity adopts a policy of allocating costs to the respective cost headings through the year, this allocation includes support costs where they are directly attributable. Other support costs shown are a best estimate of the costs that have been so allocated either on a per capita basis or on an estimated usage basis.
## **6. Fixed Assets**
|**Freehold**
**Alterations**
**Furniture Tractors and**
**Ground**
**Land**
**and**
**and Implements Improvements**
**Refurbishment Equipment**
**£**
**£**
**£**
**£**
**£**
**Cost**
At 2nd January 2024
5000
267410
124716
69376
191739
Additions
-
-
1405
-
-
_____
______
______
______
______
At 1st January 2025
5000
267410
126121
69376
191739
______
______
______
______
______
**Depreciation**
At 2nd January 2024
-
225033
103873
40672
114334
Provision for year
-
12873
6177
7176
15711
______
______
______
______
______
At 1st January 2025
-
237906
110050
47848
130045
______
______
______
______
______
**Net Book Value**
At 1st January 2025
5000
29054
16072
21528
61694
______
______
______
______
______
At 1st January 2024
5000
42377
20843
28704
77405
|**Total**
**£**
658241
1405
______
659646
______
483912
41937
______
525849
______
133797
______
174329
|
|---|---|
## **7. Debtors**
|Clipstone Social Club Limited
Other Debtors|**2025**
**£**
49386
11440
_____
60826
_____|**2024**
**£**
41775
7941
_____
49716
_____|
|---|---|---|
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**13**
Notes to the financial statements For the year ended 1st January 2025
## **8. Creditors: Amounts falling due within one year**
|Other creditors and accruals
Taxation and social security
**9. Creditors: Amounts falling due after more than one year**
CISWO loan|**2025**
**£**
10307
340
_____
10647
_____
**2025**
**£**
25000
_____
25000
_____|**2024**
**£**
8082
92
_____
8174
_____
**2024**
**£**
25000
_____
25000
_____|
|---|---|---|
This loan is shown as a long term liability as it is not subject to any set repayment terms, other than ultimately to be repaid out of the proceeds of the disposal of certain property assets which will be realised as part of the planned improvements under the together project (see note 11).
## **10. Analysis of net assets by fund**
|**Restricted**
**Unrestricted**
**£**
**£**
Fixed assets
80786
53011
Current assets
75117
125719
Current liabilities
(1105) (9542)
______
______
Total assets less current liabilities
154798
169188
CISWO loan
- (25000)
______
______
Net assets
154798
144188
|**Total**
**2025**
**£**
133797
200836
(10647)
______
323986
(25000)
______
298986
|**Total**
**2024**
**£**
174329
285950
(8174)
______
452105
(25000)
______
427105
|
|---|---|---|
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**14**
Notes to the financial statements For the year ended 1st January 2025
## **11. Analysis of restricted funds**
|**Balance at 2nd**
**January 2024**
**£**
Grounds Fund
94773
CCTV System Fund
1156
Sports Park Fund
40015
Youth Club
2260
Building Alterations
12865
Together Project
(25000)
Colliery Sport Project
110811
Community Hub
55813
______
292693
|**Income**
**Expenses**
**Transfers**
**Balance at 1st**
**January 2025**
**£**
**£**
**£**
**£**
30614
(34837)
-
90550
-
(289)
-
867
-
(10004)
-
30011
10000
(24431)
12171
-
-
(4825)
-
8040
-
-
- (25000)
-
(80856)
-
29955
1906
(37344)
-
20375
______
______
______
______
42520
(192586)
12171
154798
|
|---|---|
The Grounds Fund represents grant income for grounds improvements included in fixed assets. This fund is reduced over the life of the assets purchased in line with depreciation.
The CCTV System Fund represents contributions received towards the cost and installation of the new system and is reduced over its life in line with depreciation.
The Sports Park Fund represents contributions received for the provision of the activity park. The fund is reduced over the life of the assets purchased in line with depreciation.
The Youth Club received funding from the Parish Council which due to Covid has not been fully utilised and is being carried forward.
Building alterations have taken place supported by local authority S106 monies to split the welfare facility to enable it to provide additional uses for the community. The fixed assets included in the refurbishment are being reduced over the life of the assets in line with depreciation.
The Together Project was in deficit at the year end and represents expenditure connected with the planned improvement in the sports facilities, for which funding of £25,000 has been received from CISWO by way of a loan to facilitate the project. This loan is shown as a long-term liability as it is not subject to any set repayment terms, other than ultimately to be repaid out of the proceeds of the disposal of certain property assets which will be realised as part of this planned improvement project. This fund stood as a negative balance at the 1st January 2025 due to the timing of expenditure on professional fees which have necessarily been incurred prior to the development and which have been funded from the CISWO loan.
Colliery Sport Project - Colliery site planning submitted in October 2023 awaiting decision. Lido site planning application submitted by Welbeck estates in November 2023 awaiting decision. Once both are approved the land swap contracts will need to be agreed, finalised and executed (subject to approvals)
Community Hub work to start in mid-2024 with the view to complete phase 1 by the end of 2024, grant applications are being sorted to allow rest of this project to be completed.
**CLIPSTONE MINERS WELFARE COMMUNITY TRUST**
**15**
Notes to the financial statements For the year ended 1st January 2025
## **12. Related parties**
The under mentioned trustees are also directors of Clipstone Social Club Limited:
R. Clarey
J. Hawkins Retired 1st March 2025 M. Gillott
P. Griffiths
- A. Griffiths
Under the terms of an occupational licence entered into by the trust and Clipstone Social Club Limited the trust is responsible for the receipt of the licence fee from the club towards the running expenses of the trust.
The licence fee received by the trust from the company during the year ended 1st January 2025 amounted to £75514 (2024: £48588).
At 1st January 2025 the company owed the trust £49386 (2024: £41775).
## **13. Staff costs and trustees' remuneration**
|Salaries and wages|**2025**
**£**
22711
______
22711
______|**2024**
**£**
19609
_____
19609
______|
|---|---|---|
No employee received remuneration of more than £60000.
None of the trustees received any remuneration during the year (2024: £Nil), nor did they receive any reimbursement of expenses (2024: £Nil).
## **14. Staff numbers**
The average number of employees (including casual, part-time staff and trustees) during the year was made up as follows:
|Groundsmen
Youth Leaders
Cleaners
Trustees|**2025**
**no**
1
3
1
5
____
10
____
|**2024**
**no**
1
3
2
6
____
12
____|
|---|---|---|