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Company registration number:
03003338
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
Company limited by guarantee
Unaudited Filleted Financial Statements for the year ended
31 December 2022
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
Year ended
31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
for the year ended
31 December 2022
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
and state those matters that we have agreed to state to the Board of Directors of
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
. You consider that
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Walters Hawson Limited
Norham House
Mountenoy Road
Rotherham
South Yorkshire
S60 2AJ
United Kingdom
Date:
8 September 2023
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
Statement of Financial Position
31 December 2022

|  | 2022 | 2021
--- | --- | --- | ---
| Note | £ | £
Current assets |  |  |  |  |
Debtors | 6 | 633 |  | 3,786 |
Cash at bank and in hand |  | 16,493 |  | 26,367 |
|  | 17,126 |  | 30,153 |
Creditors: amounts falling due within one year | 7 | (17,126 | ) | (30,153 | )
Net current liabilities |  | - |  | - |
Total assets less current liabilities |  | - |  | - |
Capital and reserves |  |  |  |  |
Profit and loss account |  | - |  | - |
Members funds |  | - |  | - |

For the year ending
31 December 2022
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
8 September 2023
, and are signed on behalf of the board by:

J D Sutton
Director

Company registration number:
03003338
Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited
Notes to the Financial Statements
Year ended
31 December 2022

## 1 General information

The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is
Mexborough Business Centre
,
College Road
,
Mexborough
,
South Yorkshire
,
S64 9JP
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Consolidation

The entity has taken advantage of the option not to prepare consolidated
financial statements
contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

## Turnover

Turnover represents subscriptions receivable in respect of the year, exclusive of Value Added Tax.

## Investments

Investments comprise the 901 Employer Shares in the Industry-Wide Mineworkers' Pension Scheme Trustees Limited. The shares were acquired at nil cost.
At 31 December 2022, the authorised and issued share capital of the Industry-Wide Mineworkers' Pension Scheme Trustees Limited was 1801 ordinary 1p shares comprised of 901 Employer Shares held by Industry-Wide Mineworkers Pension Scheme Co-ordinator Limited, and 900 Non-Employer Shares, of which 600 are held by the sole participating union, the National Union of Mineworkers, and 300 held (on a non voting basis) by the Secretary of the Industry-Wide Mineworkers' Pension scheme Trustees Limited. The Employer Shares and Non-Employer Shares are separate classes. The shares carry no rights to receive dividends and rank pari passu in all other rights.
At 31 December 2021, the authorised and issued share capital of the Industry-Wide Mineworkers' Pension Scheme Trustees Limited was 1801 ordinary 1p shares comprised of 901 Employer Shares held by Industry-Wide Mineworkers Pension Scheme Co-ordinator Limited, and 900 Non-Employer Shares held on behalf of the two participating unions. The Employer Shares and Non-Employer Shares are separate classes. The shares carry no rights to receive dividends and rank pari passu in all other rights.

## 4 Limited by guarantee

The reconciliation of movements in shareholders' funds and the split between equity and non-equity shares is not applicable for this company as it is a company limited by guarantee.
The maximum liability of each member is £1.
At 31 December 2022, the number of employer sections within the Industry-Wide Mineworkers' Pension Scheme was 10 (2021: 10).

## 5 Average number of employees

The average number of persons employed by the company during the year was Nil (2021: Nil).

## 6 Debtors

| 2022 | 2021
--- | --- | ---
| £ | £
Trade debtors | - |  | 3,184 |
Other debtors | 633 |  | 602 |
| 633 |  | 3,786 |

## 7 Creditors: amounts falling due within one year

| 2022 | 2021
--- | --- | ---
| £ | £
Trade creditors | 3,799 |  | 3,613 |
Other creditors | 13,327 |  | 26,540 |
| 17,126 |  | 30,153 |