TREETON MINERS' WELFARE INSTITUTE
It provides a welfare institute with facilities for physical recreation and other leisure time activities to improve the living conditions of the inhabitants of Treeton and the surrounding area. It possesses a bowling green plus a function/meeting room which is available for members and the local community.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net outgoing resource of £60,953 for the year ended 31 December 2024, a significant increase from the previous year's £17,952, driven by doubled utility costs and tap room refurbishment. Per the trustees' report, the charity's main funding derives from its connected trading company, which contributed £40,662, while unrestricted funds decreased to £116,473. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
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
“a substantial amount of its income comes from its trading company, Treeton MWI Scheme Social Club Ltd, which pays an annual occupational licence fee to the charity in order to run its business from the charity's premises.” — page 4
Trustees
- DENNIS WHYSALLchair
- Graham Grant
- Keith Smithhurst
- Nigel Kitteridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £59k | £120k |
| 31/12/2023 | £45k | £63k |
| 31/12/2022 | £77k | £57k |
| 31/12/2021 | £46k | £71k |
| 31/12/2020 | £23k | £112k |
Common questions
Is TREETON MINERS' WELFARE INSTITUTE financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net outgoing resource of £60,953 for the year ended 31 December 2024, a significant increase from the previous year's £17,952, driven by doubled utility costs and tap room refurbishment. Per the trustees' report, the charity's main funding derives from its connected trading company, which contributed £40,662, while unrestricted funds decreased to £116,473. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/11/2004 | £5k | There is no project name available for this record |