KINNEIL MINERS' CHARITABLE SOCIETY
REGISTERED CHARITY NUMBER $C004200
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
KINNEIL MINERS' CHARITABLE SOCIETY
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
INDEX
| CONTENTS | PAGE |
|---|---|
| Charity Information | 1 |
| Trustees’ Report | 2-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| NotestotheFinancialStatements | 7-9 |
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KINNEIL MINERS' CHARITABLE SOCIETY
LEGAL AND ADMINISTRATIVE DETAILS
YEAR ENDED 31 JANUARY 2025
| CHARITY REGISTRATION NUMBER | - | §C004200 |
|---|---|---|
| TRUSTEES | ~ | R Clover - President |
| J Beglin - Vice-President | ||
| E Carr - Secretary | ||
| PRINCIPALADDRESS | - | Kinneil Bowling and Social Club |
| Angus Road | ||
| Bo'ness | ||
| EH51 OBH | ||
| BANKERS | - | TSB Bank ple |
| 137 -139 High Street | ||
| Falkirk | ||
| FK1 1EA | ||
| INDEPENDENT EXAMINER | - | J Wallage FCA |
| CISWO (Trading) Ltd | ||
| The Old Rectory | ||
| Rectory Drive | ||
| Whiston | ||
| Rotherham | ||
| $604JG |
1
KINNEIL MINERS' CHARITABLE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026
The trustees present their annual report and financial statements of the charity for the year ended 31 January 2026. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland published on 16 July 2014.
Structure, governance and management
Kinneil Miners Charitable Society is registered with the Office of the Scottish Charities Regulator under the number SCO004200. The Charity is managed by a Board of Trustees. The trustees are the office holders of the charity (President, Vice President, Secretary and Treasurer) and their names are detailed on page 1.
The charity is controlled by its governing document an a deed of trust and constitutes an unincorporated charity. Trustees are appointed by a Management Committee and Society membership at the Annual General Meeting. Policies and procedures are in place for the informative training of all trustees as and when required. Meetings are convened on a monthly basis whereby administrative and charitable decisions are discussed and passed at committee level.
Objectives and Review of Activities
The objectives of the charity are to provide facilities for such forms of recreation and other leisure-time occupation as are conducive to the improvement of the conditions of living of the inhabitants of Kinneil and the neighbourhood thereof within the society's sphere of operations as defined from time to time, particularly (but not exclusively) those inhabitants as are members of the mining community provided that nothing herein contained shall authorise the applications of the property to purposes which are not in law charitable.
The significant activities undertaken are to maintain the facilities to provide recreational and fundraising events to be held in a safe and clean environment. Specific objectives for the coming year are to continue fundraising for projects within the community by providing the lease of the premises to other charitable groups.
The society rents the premises and grounds to Kinneil Bowling and Social Club who operate and manage various events and hold a license to sell alcohol where appropriate. The club's management also undertakes the duty to ensure that proper safety rules are adhered to within the premises and grounds. The society continues to achieve its objectives and assesses achievement on the membership of the bowling and social club and continued use of the premises for other fundraising events. The premises and grounds have been used in conjunction with the Scottish Bowling bodies for competitions leading up to the annual national and international events.
Financial Review
The charity showed a deficit of £7,184 for the year, an increase on the deficit of £2,517 in the previous year. The trustees are a little disappointed with this but accept that income was considerably higher last year due to the receipt of grant income.
The Charity's balance sheet remains strong with fixed assets of £436,105 and current assets of £13,187. The trustees will continue to work alongside the officials of the Social Club to help them in its return to profitability which will, in turn, improve the charity's results as well.
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KINNEIL MINERS' CHARITABLE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026 (CONTINUED)
Investment Policy
The charity does not have an investment policy in place as such as the trustees feel that the charity does not hold sufficient funds to consider any sort of formal investment at this time. The trustees will continue to monitor the situation and make changes when appropriate.
Risk Management
The trustees are aware of the operational and financial risks which the charity faces and regularly reviews those risks to mitigate against any impact they may have on the charity. The major risks facing the charity are the continued success of the connected social club from which it derives its main funding, the support of individuals and the community in using the facilities and the introduction of the younger generation to provide for the future. The trustees work closely with the committee and members to address these risks.
Reserves Policy
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 twelve months. Any additional reserves are held to provide a capital fund for repairs that will be required for the upkeep of the premises.
Statement of Trustees’ Responsibilities
Law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the applicable Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006 (as amended), and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
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veceereereer KML. AN GAVE occ: ved ERE OUTIST LAA
Signed - Trustee Print Name - Trustee
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Date
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINNEIL MINERS' CHARITABLE SOCIETY
| report on the accounts of Kinneil Miners’ Charitable Society (Registered Charity Number SC004200) for the year ended 31 January 2026 as set out on pages 5 to 9.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement on Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the accounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J Wallage FCA On behalf of CISWO (Trading) Ltd
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Date
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The Old Rectory Rectory Drive Whiston Rotherham $60 4JG
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KINNEIL MINERS' CHARITABLE SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2026
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|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|Funds|Funds|2026|2025|
|Note|£|£|£|£|
|Income|and|Endowments|
|Occupational|licence|6,000|-|6,000|6,000|
|Fundraising|and|donations|5,190|-|5,190|4,424|
|Hall|rentals|4,310|-|4,310|4,715|
|Grants|received|3|-|-|-|12,041|
|Total|Income|15,500|-|15,500|27,180|
|Expenditure|
|Cost|of generating|funds|
|Rates|and|water|2,872|-|2,872|2,179|
|Insurance|5,257|-|5,257|3,838|
|Repairs|and|renewais|1,121|-|1,121|622|
|Greens|maintenance|10,380|-|10,380|18,699|
|Depreciation|4|2,731|-|2,731|2,793|
|Donations|and|sundry|expenses|-|-|-|1,272|
|Administrative|Costs|
|Accountancy|323|-|323|294|
|Total|Expenditure|22,684|-|22,684|29,697|
|Net movement|in|funds|(7,184)|-|(7,184)|(2,517)|
|Total|funds|brought|forward|94,009|362,467|456,476|458,993|
|Total funds|carried forward|86,825|362,467|449,292|456,476|
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KINNEIL MINERS' CHARITABLE SOCIETY
BALANCE SHEET AS AT 31 JANUARY 2026
| 2026 | 2025 | ||||
|---|---|---|---|---|---|
| Note | |||||
| FIXED ASSETS | |||||
| Tangible assets | 4 | 436,105 | 438,836 | ||
| CURRENTASSETS | |||||
| Debtors and prepayments | 5 | 12,010 | 15,906 | ||
| Cash at bank | 1,500 | 2,027 | |||
| 13,510 | 17,933 | ||||
| LESS: CURRENT LIABILITIES | |||||
| Creditors falling due within one year | 6 | (323) | (294) | ||
| NET CURRENTASSETS | 13,187 | 17,639 | |||
| TOTAL NETASSETS | 449,292 | 456,475 | |||
| FUNDS | |||||
| Unrestricted funds | 86,825 | 94,009 | |||
| Restricted funds | 362,467 | 362,467 | |||
| 449,292 | 456,476 |
The accounts were approved by the trustees and signed on their behaif by:
€ f ccnnghtte... MiAbrin.../ — ewe.; jyACTIN Signed - Trustee Print Name
Date
6
KINNEIL MINERS’ CHARITABLE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
1. ACCOUNTING POLICIES
a) Accounting Convention
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (As amended).
The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. The trustees have a reasonable expectation that the Trust has adequate reserves to continue in operational existence for the foreseeable future. Accordingly, the trustees continue to adopt the going concern basis in the preparation of the accounts.
b) Income Recognition
Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations are recognised when they are received.
c) Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlernent will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.
d) Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off the cost of each asset over its expected useful life:
Fixtures, fittings and equipment
- 25% per annum
e) Taxation
The charity is exempt from tax on its charitable activities.
f) Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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KINNEIL MINERS' CHARITABLE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2026
2. TRUSTEES’ REMUNERATION AND EXPENSES
None of the trustees received any remuneration or expenses during this year or the previous year.
| 2026 | 2025 | |||
|---|---|---|---|---|
| 3. | GRANTS RECEIVED | £ | £ | |
| Scottish Coal Industry Special Welfare Fund | ||||
| - towards cost ofChristmas party for local care home | - | 250 | ||
| Coal Industry Social Welfare Organisation | ||||
| - towards cost of upgrading bowling green surrounds | - | 11,791 | ||
| - | 12,041 | |||
| Fixtures, | ||||
| Freehold | Fittings & | |||
| Property | Equipment | Total | ||
| 4. | TANGIBLE FIXED ASSETS | £ | £ | £ |
| Cost | ||||
| At 1 February 2025 | 435,598 | 37,887 | 473,485 | |
| Additions | - | - | - | |
| At 31 January 2026 | 435,598 | 37,887 | 473,485 | |
| Depreciation | ||||
| At 1 February 2025 | - | 34,649 | 34,649 | |
| Charge for the year | - | 2,731 | 2,731 | |
| At 31 January 2026 | - | 37,380 | 37,380 | |
| Net Book Value | ||||
| At 31 January 2026 | 435,598 | 507 | 436,105 | |
| At31January2025 | 435,598 | 3,238 | 438,836 |
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KINNEIL MINERS' CHARITABLE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2026
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| 5. | DEBTORS | ||
| Balancedue from Kinneil Bowling and Social Club | 10,604 | 15,049 | |
| Trade debtors | 220 | 220 | |
| Prepayments and other debtors | 1,186 | 637 | |
| —/2,010 | =___15,906 | ||
| 6. | CREDITORS: Amounts falling duewithin oneyear | ||
| Accruals | 323 | 294 | |
| 323 | 294 |
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