LOGANLEA MINERS WELFARE CHARITABLE SOCIET£ FINANCILT ACCOI]Trrrs POR THE YEAR ENDED 31ST ZfjARCH 2025 harit No 013063
LO EA X121ERS WELFARE CHARI-ABLR SOCIZTY PORT F THE -RUS-EE NDED l MARCH 2025 Pag- The trustees present their report and £inar.-i- ended 3- Ma=ch 2025. I SEaEernents for year R•£ereu¢a and AdzÈinistratlvo Infozjllatlo Charity NaTne Loganlea Y.ir.ers Welf are Cb.aritable Society SC013063 Charity Registracion Eldrober Prir.cipal Off ice & Regi otered Off &C- Tru8tee8 Bauk•r8 ThJ3 uO- otierap 7 ve Bani. . PO BJX 101, l Bal ljon Street. Manchester. 60 4EP
LOGANLEA MINERS WELFARE CHARITABLE SOCIETY REPORT OF THE TRUSTEES cowr'D FOR THE YEAR ENDED 31ST MAR H 202 The trustees are p_ l eased to Dre>e4. cb.eir annual tru'stees reBort together with the firLancial staterLents of he charj-y for the period ended 31 March 202i. The financial statements colrply with the Charities a4id TrusEee Ip.vestffLent (Scotlandl Act 200g cne cb.ar j * i es AccoiJ-. RegulaLLons 2006 las amep.d4dl and A- Iscotlandl S:atemenc of RecoTftmended p=a-ti - c?'anr lp.g & 4#por-. ing by charit1s their acco'ants in accordance with -oaring ¥We Fir.an-ial ReDGrting Standard appli-ablÉ in the UK and Republic of Ireland IFRJ L021 Our purpo8e8 and actlvlties rb.e cha=iCy is es-abLis.ryed o orovide recreation alLd l.eisure actLVlties which will improve the livir4g conditions &0= peo?Le or AddiewelL and in particular those belong.ng LO tp.e mini41g coTnmLip.ity. C&i?arity achievas "his obj ec -ive Dy =0vIdIng actlVLties ror yo'aryg peopLe and old age pensioners and Dy rrkak&&.g do-, decided by the commirt-e. -or.s to ctne= charitIS as structure. Governaace and ilanagejnent Te cb.ar. ty is es=ablished a> a ttketri£)ers associ at-on unde= onstitiJtLOn. It is escablished alongsida Logan.. ea mir.ers Weirare >oc' ety & Soc". a,. co which it rents its premises. The cna=ity's commLtcee is also the conlln. ttee of the Soc? al Club. Ar.y exness su.Tlus 9rated by the Social Club is donated to the charity. Pnauclal R¢vlew The resuits for the year are detailed on the >Latetnent of Pinancia. ActLVlties. Incorfte and Expendic'wre levels were SiTnilar to tb.ose of 2023/24 bLkt th truscees continue to scrive to attract aodi-ional funding. Re8erves Policy The crusiees wish to maip.tain general funds a a level to provide sufficient funds to meÈ>t the rates iiab-' Lity ap.d -0 contL&nlta EO make charitable expenditure amounting LO at loast t4e cur= Tb.e Lruscees beLieve the current Leve, of reserves ue sufficie-.. chis purpose. Risk bsanageoent The cr'Jstees are assess.ng TajDr r-_. sks e Ca= ty exposea, i r. parr LCuar chose ela: L-. - o.rys and r inaA.y- in order to put syscems in p ae co Tr1"Igate exposura to the Triajc isks. Plans for tha Future -haricy plans cop.cinu"ng tne arncLVLt'es in the rorthcoTrLing year subj ect co sat&l Jf actory f Jp.ding arrangenen=s. Tfuscees Inducciou aud Traalng rLscees are a_ready aTri ' iar W&E&1 the vracticaL work of the charity. Additionally rnembers are i7?vi=ed to meeE Wlth tr>.e cotllrniucee and are given the previous year, s minuues o* meetings, lattssc f inancial statement¥, major repoyts aid aSc tne booKIe" ' G'Jidance for Charity Trusrees, oroduced by O>CR. Tb.e bcok,.. uliy outl Ines r>Le duties and respons bilities or Chari -y Trus-ees Lf. )co=Land.
LOGANLEA REPORT WELFARE CEiARfTAALE F THE T TEES Cont, ' ST 24ARCH 2025 OCIRTY A¢hlevarLént8 and Pérormance 4doganlea M ne=s L-- operate Lrorn the charity. The cOuntY Ca=e and the So£t Play Area are open frorL 5.30am to 1.30prn 6 days per week. The charity cont.nues co su?port nuTner- -us local orcar.isaEions, i.e the gaLa day. the school and t4e local fooui)ali teGtn eic. Baby and Toddler Group g-.ves individuals the oppcrrur.ity to socialise. Line Dancing classes opeiate £rorn S !Opm co 7.30Fm every Wedr,esday. Bingo is held at 6.30pTn every WerLryesday. R•opoaJth<le8 of Board ot Management The board 0£ truscees are responsible for preparing ir.ap.cial stacemeD.ts for each financial year whicb. glve a t=ue ana £air view cf the state of arta-rs 0£ the charitable cop.pany anc CL ics ir.ccminc resources and appL. cation of resources, nclLding t&e r&ec incoTr.e ar.d expenditure, fcr the financial year. preparing Ehese tinancial stapeTher.cs t.ie crusteas are required to- 5elecc sulcable accountlng policies and Ehen aFply ttr.ern cor.siscer.cly.' observe che rnettiods and principles o! che charit.es SORP,. ke judgemencs ana escirkaces chac are reasonaDLe and prudenc," and prepare the financ'a, statements on the going concern basis un.ess it is inappropriace to presuthe that the char.ty wi- I continue in bus"p.ess,' scate vhether appl cab. e account-ng standards and statements of recorqTrended praccice have been fol" owed. sub-ecc c? any Tacerial departures disclosed and exp'a""nea in ttie inanc- a. statemep.ts. The Inistees a=e aLso esponsible keep. r.g pr?per accounE Lng recoras which discLose wich -easonabLe accijracy any c'"Tiie tb.e inanciaL posi-. ion 3£ Ene cna-i-y aia Wllwn a-e siJf-ILlen- o smow and explain -he .aL=y. cransa=Cions. Tley ar- al>0 respoislble for safegJa=rllng -he as>ewS af che charity and leic> for =aioiig r?a>oiail J sEeps -he pr&y&nknl?n and detetIol Ot £raad aid ocher irregJlari:.e3. Truota• Dace
Page 4 INDEPENDEiif EXAMINER, S REPORT TO THE TRUSTEES OP LOGANLRA NERs PIELFAR3 CK4RITABLE SOCIET¥ POR YRAR E14DED 31 KARCH 2025 Yegort o.ry F jiaieiaL taeMen-8 o= che above cb.ar-Ey for ttr.e year nded 31 March 2J2? rfFL cg -or.p-ise S=a=ement o- BaLa.Ic• >heet and ela=ed .io=es. Fina.C" a. Activities, Re3PèCtlva respoAsib£lities of TrustO85 and Axaminar Thts cna=Lty' s tru3Eees a-e respor.sTbLe tor the preparation of Ehe accounts in accordance with the terrrLS Q- cb.e -har" c" es and Trustee Invescrnenc (>colandl Act 2005 and :he C4ar'L'es Accouncs Iscotlandl RegJiations 2006 las amendedl rhe char-ty's trustees consider chat the audit requirement of Regwlation Loilj lal to .Ci of che 2000 Accoun:s Regulat'or.s dwes ot apply. responsibi, ity to exatn-ne chr awcoiJn=s as reGuirea urder section 44; Is my Icl cf the Act and Co SCaLe whether parE"cular ma¥"ers hava corne to Try attencion. Bas*• 9£ Indepdent &xalllaar' S 8 taeem•nt examination is ca=r&ed our in accordance wi=h RelatIon 11 of the Cha-it &es Accouncs ISco=- and; RegJ' a= ions 2 006 . An exarnir.acion includes a review of the accouncing records kepc by tb.e -harity ar.d a comparison of the accoTmts presenced with those records. Ic also incluaes COllSAderaiion 0£ any unusual Icerns or disc.osures li the accour.cs, ar.d seeks explanac• ons from the Erustees concerning such rnatters. The procedures undertakep. do noc provide all che evidence tb.ac would be reoJired in an audit. and consewAencly I do not express an audit op.nion on che view giver. by the accounts. Ind•paudt • Stat•A•At In che course ot my exarn'nat"on, no maccer has come co my at¥ent"on: 111 wh_ich glves me reasonable cause to bel'eve that in aiy mater. a, respect ttte re¢¥Jirements,. co keep accouncing records in accordance w. th Senc'on 44,'1', lal or the 2005 ACE antt Regu4ation 4 0= the 2006 Akncounts Reg_aLonS and.. co p-epare accouncs which acco-d w. ch the accounting records and comply witn ReguiaELon 9 of che 2006 Accounts Reguiat"ons have noc been met or 121 o wllich, in rnv ODLnion, attencion shou&d be drawn in order of -he accouncs to be reached. o enable a Da-é
LOGANLEA bSINERS WELFARE CHARITABLE SOCIETY TATEIEI OF FINANCIAL ACTIVZTIZS INCLUDING INCOME AND EXPENDITTJRE Accolwr FOR THE YEAR ENDED 31ST E4ARCH 2025 2025 2024 Nota Unrest Rest Total Total Inc¢Jma DonaLiolls & Legacies 863 863 85D Income f rorn Char. table Activities 22.233 48.34 70,578 57,920 InC0e f rotll Qrher Trading Ac- iVLt4es 10,819 2,481 Total Income 48,34- 82,250 71¢d5L Expendlture On Charltable Actlvltles Charitable Proj eccs 14 46.654 83.337 130,001 98,948 Other 1,250 ,250 Total Expeudlture 47.914 83.337 131, 251 Net Income/ IExpendl eure) and Elet Moveoeat la Funds 113,999) 134.9921 148,9911 128,9471 Raconclllation 0£ Funds Funds brought Forward 212.800 142,105 3>4. 905 3a3,852 Funds Transf er Funds Carrled Forward 198,8)l a7,1-3 305.914 354,9a5 The net Tnovement in fui.ds reftsrr-d to above 7s t4e cotning -sources as def ined in tb.e StateTkent of RecOmmnded )ral. issued by OSCR and is reconciled to che tota,. for A-counting and ranas as s.ryown in .e Balance Sheet on page 6 as required by the said sa=.- All accivities derive f rom conuinuing ooerations. The statenent of financial actriyitjtss incliJd-d all gains and losses recognise 11 CILe y#aL The notes on pages 7 to 11 form Da-t o= the accoun¥S .
xi WELFARZ CXARITABLE Page 6 Note 24 FZXED ASSET ra.".gible Assecs io 262. 791 317,158 Debtors Cas.4 at BarJE & ir. F.ar.d 34,492 li,731 47,479 7, 028 TOTAL CURRUT ASSETS 53.223 LIABZLITIE Creditors d,ae wiclin 3ne year 11 NRTC 12.300) 111, 9601 47,923 42,547 359. 705 li 4.8001 i 4,8001 £ 305.914 £ 3i4,905 UnresLricced Revenue Fund Restricced Pur.ds ly8.8LI IC7.113 £12,800 142.105 ZTY £ 30S.914 .e f ancial stacetr.encs knere aFprovea ty the Bcard o: werg. by- -rLiSEÈes an ar.d (Trusceel
LOGANLEA blINERS WELFALE CILARITABLE S NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Accountlng Policies Page 7 The rirLancial scateTiÉenuS have bee41 prepared in accordance with the charity, s conscitution, che Chariti? atyci Trus¥ee .nvestTr.en= IScotlaD.dl 2C,06 and Accoanting and Reportl&il by CTr4ari tr.. -&es.. S-. aerne-..i or RecoTriTnend&d p- applicable to charities prepar? r.g ch= ' r a-courits in a- F": nanc.1 al Reporci ng standard appiicaole in c"" IFRS 1021 la8 amended fo- orclan-e with che .&e LTr" and R- d Reporting by Chariti Dublic of Irelar,d -&ount-ng periods commenc?r.g rrotn l January 20191 Statement or R&comY,onded Dractice appl icable to charities preparing thei= accounis in a-=ordaD.ne with thr ianla1 Reporting standard appth&cable i.- the trK and Republic of Ir-land. LoganlÈa Miners Welfa=e .b.ari .abLe Soc&ety iiiee -. he der1-,,1lOn or a public oenef i- ep&ItY under FRS L02. Asse¥S and I'anilities are ecognised ac hi storical cosL. Fund Accountiug -stricLed f,.nds are avai.aile -or Trasts in furtherance of tb.e geD.eral onJeLIveJ etion of the tLStee$ the charity. Restricted funds are SUDjeni to the donor or through -h.e E- esL-iCiions on thtsir expendiLure imposed -rms of ary appeal. Iucoming Resource8 All incoming resources are 7ncluded in ¥he >tattsTreit of _...an1al Activi:ies wherts che charity is entLtled to the incone and thac the atv.ounrs cai be quantif led with easonable accuracy. Zxpendlture Recogniti)n 'aDL_ities are recogp.istsd as expend7t'arc& as soon as there is a Legal or consEfuciive obliga¥ion Co1ttlnq probable Eatr sottleEnent w' -harity to hac expenditure, IL Lb can be measured reliabl equ£rod and tne amounr of the ot), ' gation Allocatl¢)n of Support Costs Sapport COSLS ar do not directly undertake char7 abl detailed in note 8 to the accounLS. hat assLSC worK of the c.iarity but iv. ties. Th- -aSLS have been Fxed As80ts Depreciation of fixed assets is ca.CULa=ed to wricts ofr heir costs over thei estimated useful lives as foll A8set Categozy Free4old La.- è< Buildings linitia.. I Freehold Land & Bui Idings l Excensior.) Function Hall l jnitiaLI Function ttal L Ire-urDishmentl Furniture & Equ, pTren Rate ¥ ?tra? ght liD.- I,Jt scra_' ght O* straIgt lir.e -raight li ne ' 5? reducing ba1_a_rye trreenold Land & Buildip.gs IEx¥- ' Pitatop. £ttLIIIEy. relates to tha extensior. or thg. Transaction3 wlth Loganlea Mlners Welfare Society & Social Club The charity received the followi ..g amounts from Loganlea Miners Welfare Society & Social Cl,,b durir,g cxe y43ar 2025 2024 Renc payabl- undtsr Occ'Jpatio.- Donation 6,000
LOGANLEA MINERS WELFARE CILARIT)&LE SOCIETY NOTES TO THE ACCOtfNTS POR Y&4R ENDED 31 T E4ARCH 2025 Page 8 4 Taxation As a charity. LOgaL?a Miners WelF are -haritable Society is exempt from tax on income and gains falling within Sectior 466 to 493 o- the Corporation Tax Act 2010 or Section 256 of -he Chargeable Gains Act L992 to the extenr that they ar£& applied to its charitable objectives. No such taxes have arisen in the charily. 5 Donatlons and Legacles Unrest 2025 Rest'd 2025 Total 2025 Total 2024 Donacions (General I Isocial Ciubl 172 691 172 691 850 853 850 Income from Charitable Act'lvitie8 Unres. t Rest, d 2025 2025 Total 2025 Total 2024 W L C (Business Supportl W L C IJuTnmer of fi&nl W L C ICLD F(JI Robertson Trust Awards for All Village Larder Bauer Radio T0heel Small Grant Scheme Fauldhouse & Breich Valley WLC Eco Fund CLDPPC Food Network Fund Levenseat Trust Sainsbury, s 10.400 10,400 9,115 4,970 9.984 200 250 7,000 7,700 22,320 10,150 4.970 7.000 17,550 4.770 1,091 10,Oi6 7.063 7,063 800 1.000 125 16,700 18,519 800 1,000 125 16.700 ?00 22,233 48,34) 70.578 67,920 7 Income £rom Other Trading Activlties Unres. t Rest'd 2025 2025 Total 2025 Total 2024 Th- Pitstop Community FaciLicy: Other Income Bank Interest Occupational Licence OVO Energy 1.245 63 É.noo 3.511 1.245 1,600 s,ooo 3.511 881 10,819 2,481
LOGANLEA NINERS WELFARE CRARITABLE SOCIETY NOTES TO THE ACcOUrs FOR THE YEAR ENDED 31ST MARCEI 2025 Support Costs and Governance Page 9 2025 Independent Examiners Fees 2024 1,2iO I,iOO All above costs have beerL daernod to be in supporc of the chariiabLe airos of the cnarity and are baoe"d a" re-tly on -xpend.'ture inciarred. alys*8 of Movejllent in Funds Openlag Incoming Fund Resources Resources Fund8 xpended Transf er 147,9"41 Closing Funds tTnrestrlcted Funds 798,801 212, 800 33.9Li 147, 9141 L98,801 Restricted Fuuds Picstop Community Fac Levenseat Trust lil 25.783 20.192 129,3&71 3,151 1 12,5241 17.0001 14,9701 2001 11tr.7001 117.5>01 18001 II.00.Jl 112)) 56,8L3 22,632 RoDertrson Trust WLC Isutnmer OF Fun) WLC I CLD Fijfl Food Network Pund Village Larde= Fauldiiouse & Breich Val_ley TrILC Eco Fund CLDFPC 7.000 200 16.700 17,5iO 800 i.ooo 12 48.34= 183.3371 107.113 354. 905 82,260 13. 2511 3Ci,914 Purposa 0£ Restricted Fundo Pitstop Cortmunity .acil ity. Leveysear Truat an.1 Leader were all historic funds whicFL enables the nhar. ty iJgrad= t.ie s-, - r'Jc- ure and In?porate ihe Picstop facility. These fuytas are wr.tten ofr over the exDectad useful life of tne assat. Robertson Trust provided fu.nd.'D.g to support Village arder. WLC Summer of Fun provided runds or SLinifier acEivi ties. WLC CLD F(Trl relates EO disbursemencs rrom Loca. p.
LOGANLEA MINERS WELFARE CHARITABLE SOCIETY NOTES TO THE ACcOUs FOR YEAR ENDED 31ST MARCH 2025 Page LO 9 Analy8ls 0£ Movement in Funds Icont'dl Purpos8 0£ Restricted Funds {cont' dl auldhouse & Breich VaL:. -y funded b-ass ba.-.d payrrier- event . iners WLC Eco Fund provided runds for energrf sav_.ngs icerrLS leg slow cooker) Food Network Fund conrributed to V.:., Lag- Laraer. CLDFPC proved funds for pensione&S IT.eals. Purpose of Unrestr*cted Funds The unrestricced £'adS were used ro d day -0 day acciyitr of the charity. 10 Flxed Assets Land & Bulldings Function Hall Furniturè & EquiprÈent Total Cost At L April 2024 Additions 463.627 755,242 185. 047 1.800 8L3,916 L,800 At 31 March 202 463. 627 165.242 180, 947 815,716 Depreclatloa April 2024 Charge f or Year 238, 216 39,814 84, 14,695 173.993 1,£58 490,758 At 31 March 2025 278. 030 99.244 175,651 jjd, 92< Nat Book Value At 31 March 2025 185, 597 65,998 196 262,791 At 31 March 2024 £93 ,J54 317,158 11 Creditor8: Amounts falling due withln 12 Months 2025 2024 Sundry Credicors Tax & Social Security Costs Loan nergy Saving Panels
ao IL201 920 1,768 8,272 1,920 2.300 11,950 Credltors: Amounts falling due a£ter more than one year 2025 2024 Loan Energy Saving Solar panJ&S 4,800 4,800 4,800 4,800 12 Trustees Ramuneratlon and Related Party TransactlOll8 No trus=ee has re- -eived any remur.>ra: 12024 £niLI No trustee or ts¥her persor. eiaced in any -ransac¥ion 12¥J24 Q ihe C&*ari-y had any personaL . nterest
LOGANLEA MIN2RS WELFARE CHARITABLE SOCIETY NOTES TO THE ACcoUrS FOR YEAR ENDED 31 bfARCH 2025 13 Analysls 0£ Net Assets between Funds Unrestricted R&str&cted Total Tangible Fixed Assers CurrenL ASSeS Current Liabilitios Non Current Liabili ties 107. 113 252. 791 50,223 12.3001 14,8001 12,3001 14.8001 Net Assets as at 31 March 2025 793,8Jl 107,L13 305, 914 14 Analy818 of Expendlture on Charitable Activ*tles Total 2025 Unrestricted Restricted Total 2024 Projecc Costs Depreciation Repairs & Maintenankne ayroll Costs Premises OSts Heat & Lighc Prof essional Fees Sundry Expe.-ses 19,710 ,462 4.149 ,44? 2.67 3,894 19,710 56,167 8,298 35.758 2,67 3.a94 4i8 2,060 25,294 35,962 869 29,075 2,199 4,031 25,312 438 2,060 46,564 93.337 130, 001 98,943 15 Cash Flow Statement The charicy has caKen advan- -age oi the exempttion provided by SORP IFRS IQ21 not to prepare a cash fLOW starment fo= the year.