Finance Score: 4

Governance Score: -4

Support Score: 3

Liabilities <10%: +3
Multiple Deficits: -2
Fundraising costs low: +3

Only 4 Trustees: -1
All male board: -3

Gov Income
Grant maker support: +3

Overall GiG Score: 3

SOUTH WALES MINERS WELFARE TRUST FUND SCHEME

The charity is a grant making trust and which applies its income in accordance with the trust deed dated 20 March 1978 for such charitable purposes within the objects of the coal industry social welfare organisation (Charity No 1015581) in any county, any part of which is for the time being comprised of the South Wales Coalfield.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board is completely male

Financial issues to consider:

On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22		£599	£1,016	£-417	£0	£8,188	£1,211	14.3	16
31/12/21		£453	£581	£-128	n/a	n/a	n/a	n/a	n/a
31/12/20	*	£434	£656	£-222	n/a	n/a	n/a	n/a	n/a
31/12/19		£705	£951	£-246	£0	£8,743	£1,144	14.4	16
31/12/18		£712	£1,020	£-308	£0	£8,044	£1,019	12	16
31/12/17		£706	£947	£-241	£0	£8,868	£1,232	15.6	16
31/12/16		£698	£867	£-170	£0	£8,648	£1,248	17.3	16
31/12/15		£696	£823	£-127	£11	£8,344	£1,295	18.9	16
31/12/14		£714	£789	£-75	£13	£8,497	£1,390	21.2	14
31/12/13	*	£6,922	£79	£6,842	£2	£8,397	£1,418	215.1	17
31/12/12		£81	£59	£22	£0	£0	£0	n/a	0
31/12/11		£48	£43	£6	£0	£0	£0	n/a	0
31/12/10		£46	£67	£-21	£0	£0	£0	n/a	0
31/12/09		£46	£64	£-18	£0	£0	£0	n/a	0
31/12/08		£49	£46	£3	£0	£0	£0	n/a	0
31/12/07		£54	£74	£-20	£0	£0	£0	n/a	0
31/12/06	*	£64	£42	£22	£0	£0	£0	n/a	0
31/12/05		£57	£42	£15	£0	£0	£0	n/a	0
31/12/04	*	£51	£48	£3	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 7.8%
Fundraising Costs/Total Spending: 3.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 15%
Reserves/Spending: 14.3 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.7

Asset Split ?

Established: 46 years

infotrustfund@yahoo.com

01443404092

Charity Commission for England and Wales

Listed activities

Amateur Sport
Arts/Culture/Heritage/Science
Economic/Community Development/Employment
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides services

Where it operates

Throughout Wales,

Who it helps

Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities

Who works here?

16 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

CHRISTOPHER EARLAND Appointed: 2019

KEVIN THOMAS WILLIAMS Appointed: 2013, Other trusteeship: SOUTH WALES AREA MINERS' BENEVOLENT FUND,

MARTIN ROY PARSONS Appointed: 2019, Other trusteeship: SOUTH WALES AREA MINERS' BENEVOLENT FUND,

WAYNE THOMAS, Other trusteeships: THE COALFIELDS REGENERATION TRUST, YSTRADGYNLAIS COMMUNITY WELFARE GROUND ASSOCIATION,

Legal constitution

Charity registered in England & Wales on 25/04/1978, number: 507439

Gift Aid

Registered with HMRC for Gift Aid

Event History

14/03/2014 - Asset transfer in from HAFOD MINERS' WELFARE WOMEN'S CONVALESCENT HOME AND GIRLS CAMP
19/05/2014 - Asset transfer in from SOUTH WALES AND MONMOUTHSHIRE CONVALESCENT HOME ENDOWMENT FUND SCHEME
19/05/2014 - Asset transfer in from THE CONVALESCENT HOME FOR THE SOUTH WALES MINING INDUSTRY
22/05/2014 - Asset transfer in from THE DAVID DAVIES MEMORIAL TRUST

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR20: 32 days late, AR13: 6 days late, AR06: 37 days late, AR04: 20 days late,

Main office

National Union Of Mineworkers
Unit 2, Maritime Offices
Woodland Terrace,Maesycoed
PONTYPRIDD
Mid Glamorgan
CF37 1DZ

Objectives

SUCH CHARITABLE PURPOSES AS ARE WITHIN THE OBJECTS OF THE COAL INDUSTRY SOCIAL WELFARE ORGANISATION IN ANY COUNTY ANY PART OF WHICH IS FOR THE TIME BEING COMPRISED IN THE SOUTH WALES AREA OF THE NATIONAL COAL BOARD OR WAS COMPRISED IN THE SOUTH-WESTERN DIVISION OF THAT BOARD.

Defined Area of Benefit:

SOUTH WALES

Data Sources