STOBSWOOD MINERS' WELFARE RECREATION CENTRE
SPORT AND RECREATION FOR THE PARISH OF ULGHAM AND THE NEIGHBOURHOOD THEREOF
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £3,677 for the year ended 31 March 2025, resulting in total net assets of £113,687. The trustees confirm that there are no material uncertainties regarding the charity's ability to continue as a going concern and that adequate reserves exist for the foreseeable future.
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
“In addition to this, the connected trading company, Stobswood Miners' Welfare Recreation Centre Social Club Limited, pays an annual Occupational Licence Fee to the charity in addition to gift-aiding its taxable profits to the Charity for charitable usage.” — page 4
“In addition to this, the connected trading company, Stobswood Miners' Welfare Recreation Centre Social Club Limited, pays an annual Occupational Licence Fee to the charity in addition to gift-aiding its taxable profits to the Charity for charitable usage.” — page 4
Trustees
- IAN EARNEST WATSONchair
- JOHN CHARLES WIGGETT
- John Stewart
- KEVIN OSWALD BATSON
- Russ James Carter
- STEFAN TOWNSLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £28k |
| 31/03/2024 | £37k | £40k |
| 31/03/2023 | £33k | £51k |
| 31/03/2022 | £83k | £57k |
| 31/03/2021 | £56k | £25k |
Common questions
Is STOBSWOOD MINERS' WELFARE RECREATION CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £3,677 for the year ended 31 March 2025, resulting in total net assets of £113,687. The trustees confirm that there are no material uncertainties regarding the charity's ability to continue as a going concern and that adequate reserves exist for the foreseeable future. Its FY2025 accounts were independently examined.