THE CONVALESCENT HOME FOR THE SOUTH WALES MINING INDUSTRY

Charity number: 206608
Removed charity

Charity overview

Activities - how the charity spends its money

The charity provides a Convalescent Home, situated in Bournemouth, where South Wales mining beneficiaries typically reside for blocks of one week at a time,in order to recuperate in a more favourable climate, and reminisce with other former mineworkers, their employment lives spent in the Industry. Mineworkers wives and widows are also eligible to visit the Home at discounted rates.

Income and expenditure

Data for financial year ending 31 December 2012

Total income:
£618,425

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Donations and legacies £287
Charitable activities £412.45k
Other trading activities £107.32k
Investments £98.37k
Other £0

Total expenditure:
£658,415

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Raising funds £0
Charitable activities £633.94k
Other £0

£148,460 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £24.47k
Charitable expenditure £633.94k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Accommodation/housing
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Blaenau Gwent
  • Bridgend
  • Carmarthenshire
  • City Of Swansea
  • Monmouthshire
  • Neath Port Talbot
  • Pembrokeshire
  • Powys
  • Rhondda Cynon Taff
  • Torfaen

Governance

Registration history:
  • 30 November 1962: Standard registration
  • 19 May 2014: Removed (Transfer of funds)
  • 19 May 2014: Funds transferred to 507439 SOUTH WALES MINERS WELFARE TRUST FUND SCHEME
Organisation type:
Other
Other names:
  • THE COURT ROYAL CONVALESCENT HOME (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/12/2008 31/12/2009 31/12/2010 31/12/2011 31/12/2012
Total gross income £655.38k £610.99k £598.75k £610.46k £618.42k
Total expenditure £677.77k £632.99k £638.74k £650.45k £658.42k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £449 £366 £308 £302 £287
Income - Other trading activities £229.95k £141.49k £130.60k £109.04k £107.32k
Income - Charitable activities £328.32k £374.79k £374.13k £406.66k £412.45k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £96.66k £94.35k £93.71k £94.46k £98.37k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £673.61k £610.53k £614.64k £626.76k £633.94k
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £4.16k £9.47k £10.59k £11.16k £9.85k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £13.00k £13.51k £12.53k £14.62k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2008 31/12/2009 31/12/2010 31/12/2011 31/12/2012
Own use assets £1.36m £1.63m £1.75m £1.71m £1.67m
Long-term investments £1.85m £2.12m £2.24m £2.04m £2.19m
Other assets £521.24k £339.52k £169.74k £167.84k £162.07k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £36.11k £143.96k £38.43k £37.29k £34.07k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2013 Not submitted
Accounts and TAR 31 December 2013 Not submitted
Annual return 31 December 2012 05 April 2013 On Time
Accounts and TAR 31 December 2012 08 April 2013 On Time
Annual return 31 December 2011 01 November 2012 1 days late
Accounts and TAR 31 December 2011 02 November 2012 2 days late
Annual return 31 December 2010 26 October 2011 On Time
Accounts and TAR 31 December 2010 27 May 2011 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

INDENTURE 27TH NOVEMBER 1923 AND CONVEYANCE 8TH JANUARY, 1946.

Charitable objects

CONVALESCENT HOME FOR WORKERS IN OR ABOUT COAL MINES WITHIN THE MONMONTHSHIRE AND SOUTH WALES DISTRICT. (DISTRICT NO.24 MINING INDUSTRY ACT, 1920)

Area of benefit

The area the charity can operate in, as set out in its governing document.

MONMOUTH, GLAMORGAN, PEMBROKE, CARMARTHEN AND BRECON