BILSTHORPE MINERS' WELFARE SCHEME

Registered charity 522185 · accounts filings on the Charity Commission register · also known as BILSTHORPE MINERS WELFARE SCHEME, BILSTHORPE MINERS' WELFARE TRUST

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.

Causes: General Charitable Purposes · Disability · Amateur Sport · Economic/community Development/employment · Get email alerts

Latest income
£75k
Latest spending
£41k
Registered
1963
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £23k; policy: 6 months of running costs)
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
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
The charity would therefore be reliant on support from it's trading company, Bilsthorpe Miners welfare Limited.. — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Bilsthorpe Miners Welfare Limited
The institute is let under licence to Bilsthorpe Miners Welfare Limited, a company incorporated and limited by guarantee. — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
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.