ARKWRIGHT MINERS' WELFARE TRUST
Offers recreational facilities such as snooker and pool and fundraising activities such as raffles and totes. Hires out its facilities for use by its members for private parties etc. The charity also has a bowling green.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £6,241 for the year ended 31 December 2024, an improvement from the previous year. Per the trustees' report, unrestricted free reserves are maintained at a level sufficient to cover anticipated administration and support costs for a period of 12 months. The charity's debts at year-end were substantially lower than the previous year, and the trustees confirmed no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity at a level to provide sufficient funds to cover anticipated administration and support costs for a period of 12 months.” — page 5
“a substantial amount of its income comes from its connected trading company, Arkwright Miners Welfare Social Club Limited”
Trustees
- Craig Johnson
- Duncan Hadley
- Emma Johnson
- Luis Miguel Da Cruz Camacho
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £27k |
| 31/12/2023 | £22k | £19k |
| 31/12/2022 | £24k | £24k |
| 31/12/2021 | £26k | £25k |
| 31/12/2020 | £17k | £12k |
Common questions
Is ARKWRIGHT MINERS' WELFARE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £6,241 for the year ended 31 December 2024, an improvement from the previous year. Per the trustees' report, unrestricted free reserves are maintained at a level sufficient to cover anticipated administration and support costs for a period of 12 months. The charity's debts at year-end were substantially lower than the previous year, and the trustees confirmed no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.