YORKSHIRE MINERS' WELFARE CONVALESCENT HOMES
Provision of convalescent facilities to persons who are or have been employed in the coal industry, or allied activities, within Yorkshire and their wives, husbands, and dependant relatives and also widows, widowers and necessitous relatives of deceased persons (qualifying as above). The charity currently operates a convalescent home - Lynwood - in Scarborough.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing resource of £228,867 for the year ended 31 December 2024, driven by operational losses that were partially offset by investment gains. Per the trustees' report, free reserves amounted to £434,686, which the trustees determined were sufficient to continue delivery of services into 2026. The trustees also noted that the entire permanent endowment fund was transferred to the unrestricted fund during the year to support future expenditure.
What the accounts disclose
“On this basis there are sufficient reserves at 31 December 2024, to continue delivery into 2026.”
“YMWCH Trading Ltd (a company limited by guarantee), whose directors are also trustees of the charity, transfer any net profit to the charity under gift aid at the end of each financial year. The net profit gift aided to the charity in 2023 was £17,041 (2023 £16,413)” — page 10
“YMWCH Trading Ltd (a company limited by guarantee), whose directors are also trustees of the charity” — page 10
Trustees
- DAVID PICKERINGchair
- Dale Longley
- Dene Coupland
- Heather Alison Wade
- Jonathan Whittle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £268k | £497k |
| 31/12/2023 | £227k | £499k |
| 31/12/2022 | £211k | £409k |
| 31/12/2021 | £124k | £287k |
| 31/12/2020 | £124k | £289k |
Common questions
Is YORKSHIRE MINERS' WELFARE CONVALESCENT HOMES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing resource of £228,867 for the year ended 31 December 2024, driven by operational losses that were partially offset by investment gains. Per the trustees' report, free reserves amounted to £434,686, which the trustees determined were sufficient to continue delivery of services into 2026. The trustees also noted that the entire permanent endowment fund was transferred to the unrestricted fund during the year to support future expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSS WARBURTON CHARITABLE TRUST | 1 | £2k |
Charities like this
- NOTTINGHAMSHIRE MINERS WELFARE TRUST FUND SCHEME
- CUMBERLAND AND WESTMORLAND CONVALESCENT INSTITUTION
- THE CHARITY OF JANE WRIGHT
- MOSBOROUGH MINERS' WELFARE TRUST
- THE COAL INDUSTRY SOCIAL WELFARE ORGANISATION
- YORKSHIRE AID CONVOY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| YORKSHIRE MINERS' WELFARE CONVALESCENT HOMES | £268k | — | 0 | above | — | no doubt |
| NOTTINGHAMSHIRE MINERS WELFARE TRUST FUND SCHEME | £155k | — | 0 | unclear | — | no doubt |
| CUMBERLAND AND WESTMORLAND CONVALESCENT INSTITUTION | £2.2m | — | 0 | below | 904573.0% | no doubt |
| THE CHARITY OF JANE WRIGHT | £116k | — | 0 | unclear | — | no doubt |
| MOSBOROUGH MINERS' WELFARE TRUST | £113k | — | 0 | unclear | — | no doubt |
| THE COAL INDUSTRY SOCIAL WELFARE ORGANISATION | £1.4m | — | — | below | — | no doubt |