CALVERTON MINERS' WELFARE TRUST
Latest income
£254k
Latest spending
£126k
Registered
1965
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that free reserves were negative at £63,593 as of 31 December 2022, a decrease from the previous year. The Trustees note that while reserves are temporarily negative, anticipated income streams are sufficient to meet commitments to the beneficiary population for many years to come.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The Trustees are conscious that the annual cost of maintaining the Scheme may be greater than the income generated by the fund and any free reserves of the charity will be utilised to cover the expected annual shortfall if necessary.” — page 25
Per its FY2022 accounts as filed with the Charity Commission.
Trustees
- Ann Kirkham
- DEAN WILSON
- Joanne Elizabeth Swinscoe
- Lorna Weetman
- Lucy Renshaw
- Paul Mapplebeck
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £254k | £126k |
| 31/12/2023 | £122k | £121k |
| 31/12/2022 | £112k | £110k |
| 31/12/2021 | £106k | £107k |
| 31/12/2020 | £122k | £107k |
Common questions
Is CALVERTON MINERS' WELFARE TRUST financially healthy?
The accounts state that free reserves were negative at £63,593 as of 31 December 2022, a decrease from the previous year. The Trustees note that while reserves are temporarily negative, anticipated income streams are sufficient to meet commitments to the beneficiary population for many years to come. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER LAING FOUNDATION | 1 | £3k |
| THE HINDUJA FOUNDATION | 1 | £3k |