Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 03003338

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	11,272		2,069
Cash at bank and in hand		7,402		2,197

		18,674		4,266
Creditors: Amounts Falling Due Within One Year	5	(18,674 )		(4,266 )

NET ASSETS			-		-

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

G C Ashton

Director

25 September 2025

The notes on page 2 form part of these financial statements.

1. General Information

Industry-Wide Mineworkers' Pension Scheme Co-Ordinator Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 03003338 . The registered office is Mexborough Business Centre, College Road, Mexborough, South Yorkshire, S64 9JP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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

2.3. 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 2023 and 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	10,534	-
Other debtors	738	2,069

	11,272	2,069

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	4,427	4,266
Other creditors	14,247	-

	18,674	4,266

6. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

At 31 December 2024, the number of employer sections within The Industry-Wide Mineworkers' Pension Scheme was 10 (2023: 10).

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