BILSTHORPE MINERS' WELFARE SCHEME
The charity has been established to provide for the maintenance of a Welfare Institute and sporting facility for recreation and leisure time occupation. The charity assists in maintaining subsidiary organisation for carry out the objects of the charity. Both the Institute premises and the sports facility are available for hire in accordance with the standard hiring agreement.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £23,460 at year-end, resulting in a net current asset position of £6,528. Per the trustees' report, this level of liquidity is below the stated policy target of six months' running costs, creating a reliance on the trading subsidiary Bilsthorpe Miners Welfare Limited to meet committed costs.
What the accounts disclose
“At the year end net current assets were £6,528 which may mean that in the short term, meeting these targets would be difficult.” — page 3
“The charity would therefore be reliant on support from it's trading company, Bilsthorpe Miners welfare Limited..” — page 3
“The institute is let under licence to Bilsthorpe Miners Welfare Limited, a company incorporated and limited by guarantee.” — page 3
Trustees
- Evelyn Dale
- Graham Andrew Whitehead
- Jason Kevin Willis
- Steven McCallum
- david Eadson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £75k | £41k |
| 31/03/2024 | £27k | £43k |
| 31/03/2023 | £40k | £59k |
| 31/03/2022 | £25k | £51k |
| 31/03/2021 | £24k | £38k |
Common questions
Is BILSTHORPE MINERS' WELFARE SCHEME financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £23,460 at year-end, resulting in a net current asset position of £6,528. Per the trustees' report, this level of liquidity is below the stated policy target of six months' running costs, creating a reliance on the trading subsidiary Bilsthorpe Miners Welfare Limited to meet committed costs. Its FY2025 accounts were independently examined.