BENTINCK MINERS' WELFARE TRUST
To provide an Institute and Recreation Ground for the Community of Kirkby in Ashfield, Notts
Financial health, per its FY2024 accounts
The accounts state that the charity made a loss of £29,180 for the year, primarily due to £28,740 in remedial repairs to the steward's house. Despite this loss, the trustees report that the balance sheet remains strong with total net assets of £279,068 and adequate reserves to continue operations. The charity faces financial risks related to the trading performance of its connected social club, which remains a significant source of funding.
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 6
“a substantial amount of its income comes from its connected trading company, Bentinck Miners Welfare Social Club Limited”
Trustees
- DAVID VICTOR BONNERT
- Diane Cook
- Gary Brown
- JOHN TAYLOR
- Kevin Allen-Turner
- Peter John Keeling
- Trevor Storey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £60k |
| 31/12/2023 | £34k | £60k |
| 31/12/2022 | £69k | £38k |
| 31/12/2021 | £30k | £45k |
| 31/12/2020 | £39k | £62k |
Common questions
Is BENTINCK MINERS' WELFARE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a loss of £29,180 for the year, primarily due to £28,740 in remedial repairs to the steward's house. Despite this loss, the trustees report that the balance sheet remains strong with total net assets of £279,068 and adequate reserves to continue operations. The charity faces financial risks related to the trading performance of its connected social club, which remains a significant source of funding. Its FY2024 accounts were independently examined.