STAVELEY MINERS WELFARE CENTRE
We provide facilities for the members of the centre to partake in the purchase of alcohol and be entertained in various ways in the main club itself. We also provide satellite sites for the use of football and cricket and are home to fishing clubs, snooker clubs,organ society's and an over 60s club.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £12,572 for the year, driven by significant repairs and maintenance costs. Total reserves stood at £1,085,049, comprising £843,253 in fixed assets and £241,796 in net current assets, with £182,623 available as unrestricted funds. The trustees expressed satisfaction with the results and noted that reserves are maintained to cover 12 months of administration and support costs.
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 12
“In respect alone of the limitations on our work relating to the balances held by separate sections, we have not obtained all the information and explanations that we consider necessary for the purpose of our examination.” — page 7
“a substantial amount of its income comes from its connected trading company, Staveley Miners Welfare Social Club Limited (which operates the bar at the cricket club) and the bar section at Markham Hall (which operates the bar at the main welfare), both of which transfer any profits they make to the charity under a Gift Aid agreement so the trustees work closely with the management of each to try and ensure the bars are profitable, thus ensuring extra income for the charity.”
“a substantial amount of its income comes from its connected trading company, Staveley Miners Welfare Social Club Limited (which operates the bar at the cricket club)”
Property (HM Land Registry)
Trustees
- JOHN WATSON
- Philip White
- THOMAS RICHARD WARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £35k | £50k |
| 31/03/2024 | £53k | £54k |
| 31/03/2023 | £46k | £50k |
| 31/03/2022 | £81k | £42k |
| 31/03/2021 | £118k | £69k |
Common questions
Is STAVELEY MINERS WELFARE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £12,572 for the year, driven by significant repairs and maintenance costs. Total reserves stood at £1,085,049, comprising £843,253 in fixed assets and £241,796 in net current assets, with £182,623 available as unrestricted funds. The trustees expressed satisfaction with the results and noted that reserves are maintained to cover 12 months of administration and support costs. Its FY2025 accounts were independently examined.