GLENROTHES MINERS CHARITABLE SOCIETY
STATEMENTS OF ACCOUNT
FOR THE YEAR ENDED 31 JANUARY 2025
SCOTTISH CHARITY REFERENCE SC019119

GLENROTHES MINERS CHARITABLE SOCIETY
INDEX TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
GONTENTS
PAGE
LEGAL AND ADMINISTRATIVE
INDEPENDENT EYAMINERS REPORT
STATEMENT OF FINANCLAL ACTMTIES
&4LANCE SHEET
NOTES TOTHE FINANc￿L STATEMENTS
REPORT OF THE TRUSTEES

GLENROTHES IIIINERS CHARITABLE SOCIETY
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 JANUARY 2025
ADDRESS
&)uth Street
Glenrothes
Fife
KY7 5NL
TRUSTEES
INDEPENDENT EXAMINER
CISWO (Trading) Ltd
The Old Rectory
Rectory Drive
Whlston
Rotherham
S60 4JG
BANKER3
Bank of SwUarKI
9 Falkland Gate
Glenrothes
KY7 5LW
CHARITY REFERENCE
SC019119
Page 1

GLENROTHES MINERS CHARITABLE SOCIETY
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
I reportto th8trustsqs arml m￿terS01G*nrQItt•$ Mner8 Charitable SrAety (Reglstwed Charfty Numb•r
SC019119) ￿ thg x¢o￿ty for Ihe seafended 31 janu￿ 2025 8$ S•t out cn pages 3to 6.
The ¢hariV$ trustees are reSpMs1b￿ f¢y lh& preparalion of tha accowts in M?rdan¢e wtth the 18rnis of
thg Charlll8s and Trustee Investment Iswvandl kt 2￿5 ond thè Charllte$ A¢counts IScolaTrJl
R89ulattons 20C6 las amendajl. Tr charty trv$bo$ ¢￿sider1h* tha audlt requirornonlon Rggulal
10(11 lal to Icl olthe Accounts RegLlations does not apuy. 11 1$ my res￿Sb1 Ihty 10 8xam¥i8 the
awunb as roquired under ser*on 4411Mcl oltheA(* and to sfatewh8th¢r parts￿lar matters ha￿ come
to my attenbon.
Bas15 of i
nl
examination is carried out n acccfdarice vath Reoulauon 11 of th8 20ce Accounts Regulalons. An
examinati¢n includ85 8 revlowolthe accounling records kept by the charity ￿d a c¢rnpari50n of the
8ccount8 presenbd %%ith Ihosg re¢ords. 110130 indudos considefabon ol any unu$u81 item8 or*J*dc6urng
in thè accounts gThJ se*$ axplanatkns tre bugtae8 ¢orKeminy any S￿h rnatters. The pro¢edtsias
und¢rt*¥n do not provth all Ihe 8vldgr£• Ihathf￿￿j be r8qulr¢d n an ¢onsequ8nlly I do not
exprgss an aLKIII opinK)Tr C￿ Ihe accwnts.
In c?ufse ttf rny exa￿[natt0rb, Tro natter ha8 cc¢nett> my atten￿On
{1} gives mo r•asonabb cause to belieby thatin ￿￿rna￿lia1 respectthe requlrfrmonts..
tr) ￿￿P attnuntwig re¢grd¥ In oc¢ordanM YAth aeclcn 4411llal of lh• 200$ knt •nd Regulation 4
of th¢ 20C6 Ac¢ount¥ Regul8lonJ, •nd
l) pr8par• attounts ¥thich 8¢xord wlh the aLvJvnluig and CLJmFty with Rogulaoon 8 of
tho 20C6 Accounis Reguiahon$
ha¥e not beén rn8t', c
12) to ¥thi¢*, In my opiffllon. attentionshould be drWI￿ in orderbj a properunderstsTh*ng of
thgaccQ￿ts to be reacn&J.
23 Marth 2025
ra
In
Thg OITJ ￿e￿Ory
Re¢iory On
Whtst
Roitrtsrtwm
S60 4JG
Pw2

GLENROTHES MINERS CPIARITABLE SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JANUARY 2025
2028
2024
INCOMING RESOURCES
0￿upatiOnal kn'cenco
Grft.AKI Covenant
20,21Y)
1,391
20,2Q)
Totd r•ee(ots from G18r￿l￿S Rocr68Uon Contr$ & Social Club
21,591
26,744
Subscripti￿8
Snooker
H811 and kItth￿ rental¥
Donations $nd other income
Intsrest
1n￿jrne generated lh￿fjh Soryal and Sporting sectsons
Totsl Ineom•
11.092
13.348
8.189
2,819
369
43.917
13,922
11,277
9.038
1.002
50.705
101,325
112,932
USE OF RESOURCE8
Rates, water and Insuran
Repairs. rnaintenance and lea3es
Accountancy Fees
Honoraria
Printing, stationery. ￿al, software and othw costs
Depreriab'on
17,258
13.953
1,598
1,750
3,410
4,109
17,871
15,149
1,521
2.2tJJ
3,458
42,078
44,29S
commun￿. spoffjftgand￿81éCbv1b&S
Minibusa$, trips. motor
Sporling auivits.es
Community donations
Darts sponsorship and support
Shows, diseLJs, artistes, iThJoor games and catsrir
1,530
1,420
5.317
67.496
1,785
3,025
79,285
Total Expendlturg
1121.8911
11345401
NET IAOVEME1￿ IN FUNDS
20.566
RECONCILIATION OF FUNDS STATEMENT
Fund¥ br¢xJght rorwa
Nel (Deficit) for the spar
377,793
120,5661
400,401
122,6081
Fund8 ¢afflod fon¥ard
357.2ZI
371,793
Pagè 3

GLENROTHES MINERS CHARITA8Le SCCIETY
&4LAN¢E SHEET
FOR THE YEAR eNDeD31 JANUARY 2025
2020
2024
FIXÉD ASSET3
366,037
CURRENT AS$ET8
Debtors
Bank of Scotland Curygnl Aceount
Bank of Scotland . Savings Actounl
Cash floats
1,523
4,349
31.791
1,2(NJ
2.309
31.422
1.2tsJ
36,616
GURRENT UABILMES
Cr¢dltor
47.873
17,729
47,673
17.729
NET CURRENT IUA8ILrriÉsii AssErs
18,8101
18.887
TOTAL ASSETS LESS CURRENI LIABILITIES
357,227
377.793
NET ASSETS
357,227
37T.793
Flnan¢¢d ty:
Unre4tr1Gted funil•
357.227
JT7,793
TOTAL FUNDS
357.227
377 793
W• approve Ih9$9 S*•t¢mgnls olknountf¢rlh4 year •nd¢d 31 January ￿2fj and confinn thatM*hav8
made availabf8 all rokvant rocuds and inlomat￿n for ther preparaton.
Approv¥d by th• Tr￿1*8$ and syn•d on th•ir b•holf by
23 Mar¢h 2025
Pagè 4

GLENROTHES MINERS CHARITABLE SOCIErY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 202$
NOTE 1 ACCOUNTING POLICES
lal Bash of Pfepar4don and a$$e88m•nt olgolng ¢on¢em
The finangal ¥taternents have teen prepared under the historral ojst ¢onvention items
recogni50d al cost ortransaetion value unless Othe￿Se slated in the relevant notes to these
acrnunls The fin8noal statements have been prepared in aCC4rdan￿ wlh the Ststernent of
Rec￿nmended Practicè. AcoJuntir¥J and Reporting by Charities weparing their ac£tsJr*ts Sn
accordan￿ ￿th the Finandal Reportin9 Standard aFpts"Cab￿ in the UK and Rewblic ol Ireland
IFRS 1021 ISSU￿ on 16 July 2014 and the Financial Repcrfting Standard aPpI￿able in the Un
Klngdorn and Rèpublic of Ireland IFRS 102}, the Charitie5 aad Trustoe Investrn￿t (SC￿14￿dI
Act 2005 and the Charities AcKount8 IS¢otl8ndl Re9ulatK)ns 2006183 arnendedl.
The tru81ees ¢on5ider that there are no matelial uncertaintR¥ about the Twsf ¥ a￿tity to
¢oniintsè as a g￿ng conL¥m. The tru$t8és hav8 a reasonable ex￿ctatIon that thè Trust h
8thquale ￿88ryeS to continue in operauonal existen￿ lor the foreseeable futUTe. Accordingly,
the trujlees eontlnue lo adcpt the going concern basis in the pryaralion of the aceèunts.
Ibl Income R￿QgnI￿on
Incemè is recogntsed onc• th• ftharrty has eftlrfementto IncoTh, it is pyobable that the
incjxne ￿ill be received and the 8mWt of Inc￿ can be rneasured r8hably.
Donations Are vth8n they ar• r•thvéd.
lel Em￿nd[lu[g RKo9nlUon
Liabilitie5 are r8eL¥Jnlsed a5 expendilurn as ¥oon 8$ ttte￿ is a legal or constructNe obllgatbn
coffmith"ThJ the charity to that expendrture. it is probable that Se￿ement hill be ￿qu￿ed 8nd the
amount of the cOlvJatron be measureil rella￿Y All exptrtdilure Is accounted fDr on Sn
afr￿jaI$ b8S1S.
Idl Tanglts￿ Ilxed as*•ts and doprnclatlon
Deweciabon is provided at rates calculated ¢0 ￿te Ihe cost or Valuation less re$bJual
value of each assèt over its expected usgful Ilfé as follaw5'.
Sundry ¢qu¥)m8nt
20% stra•1 linè
Page 5

GLENROTHES MINERS CHARITA8LE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
NOTE 2 TANGIBLE FIXED ASSETS
Land &
Flxtur•g &
Bulldlng9 Equlprn•nt
Total
COST
At 1 Febnjary 2024
Additions
Disposals
At 31 January 2025
351.977
212,644
11,240
W.821
11,240
351,977
223,884
575.861
DEPRECIATION
At f February 2024
On disposals
Charge for the year
205,715
20S.715
4,109
4.109
At 31 January 2025
209.824
209,824
NET BOOK VALUE
At 31 January 2025
14.060
At 31 January 2024
351.977
8,929
B,9C
2028
2024
NOTE 3 DEBTORS
Accoun1$ ￿￿1vabl?
Prepayments
D•btors. VAT repayabl8
11
540
829
1.145
1.523
1,685
NOTE 4 CREDITORS
Accruals
VAT payable
Due io Glenroth89 Rou8ab"cffj Centro & Sod81 Cl
1,S98
14,532
31,543
1,521
7.938
8.270
47,673
17,729
NOTE S EMPLOIEE COSTS
Th8 CharbtabP8 Soci8ty @m￿OYS no st8ff. Any employ80 costs inwr8d are shwi in the
aecounts for Gkrynrothas R8creats"on Cantre and Social Club.
Page 6

LENR
INE
The Iruslees present Iheir annual report and financial slate￿thts ol the chanty for Ihe year ended 31 January
2025 The finanrAal slatefflents have IxeTh prepwed in accordance wth the accounting polic￿9 sel ¢Jut in Noto
1 to the accwnts and cornply wilh the charitys trust deed. the Charittes Trusteo Invesirnenl Iscouandl
Act 2005. the Ch8ritK8¥ Acix)unts IScod8ndl Regulation5 21x16 las amend8dl and AttounliThJ and Reporting by
Ch8rits'es.' Statement of Recomrnended Practi￿ applicable to charities preparirrfJ their accounts in accordance
ilh the Finanryal Reportirg Standard aptyi¢able in the UK and Reputsic ol Ireland published on f6 July 2014.
G￿nrothe$ Miners Charitsble Society Ithe Charity) registered with the Offic8 ofthe &cltish Charity Regulator
under the number SC019119. The Charity 1$ managed by a Board ol Trusteey. The Trvsteos are the office
hofder5 of the Charity IPre5idgn( VirA-P￿SKIenl, Seuetsry and TreaSU￿rI whose names are Sh￿ on page 1.
charrty is resp￿Sit￿O for maintaning th• premise5 and Its cefit£nls 9round$ In a suitable state of
repalr for us• by thos8 who IN• in tha surrounding ar•a. It r0158s incc*nè through v81ious th?ritable, sporb.ng
and soclal act￿rtIes for local residents and from hiring out its lacililies to thè genoial puuic, but a substantsal
amount of rts income comes trom its conn8ct8d social dub, Glenrothes Re¢r•at￿n Centr8 aThJ Social Club.
ieh pays an amud occupational licence fee to th8 charity in order to run its businèss from the chantys
Premises. In addition to this. the Club aL80 transfeis any profits it makes to Ihe charity under a Gift ANJ
agre8ment so the tnjstees work dos8ly the Club's offiaals to try and ensure th& Club is profitsble, thus
ensurSng extra irwme fur the charity.
The objects ol the charity to provide facilitss for Such forms of recreation and other leisure bme OC￿patron in
¢xder to improve the conditions of Ilvlng ol the inhabitants of Glenrothes and iho surrouThJing n8vJhbourh)od.
par￿culadY (but not exclvsNelyl those are mernbers of the o)al rnining community.
Tha charmy has tst¥d W another th3118nglng year. HO￿¥$r, thè trust88s ha¥0 remainad ecffimfttad to
assisits.ng loc418uthortts"•s by I￿￿ding affordaI￿e h811 rentsl for Ihair m•8tings. Thgir dedreat.on to seNiro thè
communty has rtotwavered they hAv8 workèd diligènuy lo ¥ns¢Jre that the faulit*s arg awslbK8 tor
various gatherings and groups.
ThI￿ghout this year. thg ¢h?rity has continued to extend its 8UPPOrt to other local c*arities by fac4italing the
u8e ol the venue for frJndrai5ing events. This initiative has allo** Ihe trustse5 to contrbule positively to the
comrnunity whik 815ts fosterin9 a spirit gf collaboration among thal or9anisat￿n9. T￿r efforts have been
instnjmgntal in prcffjolTrrtJ Charitsble actiwb'es that benefit those in negJ.
In addloon to its thoritatle endeavours, the Soa"èty h89 consist8nty supported Its su&sedons whlch Incl
Snooker. Golf and Oarts. The trustees ha¥8 organised various social èvènts for Ihe members, creating
oppothrtitiss for8ngagaM￿t and C￿erade[la. These actMtYdS not only enhal)￿ thè expari•nce olmemi*rs
but algo strèngthgn th8 bonds wthin tha community. ansuring the charity ramains a wtal part of tha local
landscap9.
Fin
lal R•vl•w
Th• charity had nèt axpandibjo 01 £20,566 Icf thè yèar. a modèst imK￿yernent on Ihè £22,608 nèt *yndi￿re
last ygar. Th&se rgsults may appaardisappointing but trust•8s have made thg ￿n$¢i0U$ d8Ci5ion that
provklln9 a good sam￿ bmthin Ihe cemmunty shouK1 t￿1r In knOW￿g￿ thatthg charfty has
ffi¢*nt rgseN¥¥ to absorb a dgfi¢f(su¢h as Ih*.
Pag8 7

ROTHE8 M
E80C
EPORT OF T
SFIJR ThE
EAR ENDED
UARY 202
co
TIWED
￿￿￿1•nI Polc
rhe Gharity does not have an inwlment pjliw as the tharity doe¥ Th)t hokl ¥ufficÈntfund¥ to consider ony sort
f hvestrnenl at this time. The trust￿ wll continup to M￿rt0r thi$ sftuat*)n and m8k8 changes accordingly.
The truètsès afe awar0 01th8 D￿ratIOnal and ffnancial risks which th8 thanty fac08 and r•gularty r8vi8ws Ihty$8
ri5k8 to mth'gal8 against any impact they may hav8 on tha charity. Th8 major ri8k8 fa￿￿s the charity art the
eontinued success ol th• eonrnod4d Socral dub fforn whith it deiivaa itgman funthro, lh8 SUPP)rt DI indriiduAIs
and th8 community in using the fatsfitias and th8 introduction of the yOUDger ￿lation to p¥0￿• lor th•
lulur•. The trustee% WDrk c4088fy wih thè eornmitt8e and rnernbgrs to address th8sè ftsk8.
It is the polry of the I￿Ste$S to maintain unr8slricta funds 8re thè free res8rv8s ol thaiity 8t B t
prowdè sulfitient lunds to cover antupatad pAministratx>n and support rA)Sts for a ￿riod of h%Elv• months Any
additieA)al rèsér￿ arÈ hdd to pravhY& 8 c4itsl fijnd for repasrs thatwillb8 required for thè upkèÉp ofthè prtrmi￿.
fTr
Law applicatrle to ¢hanties in Scotland requires the tharity Iw$lee5 lo pre￿re fin8naal 518lemenl$ for each
fin8wal warwhich give 8 trL* 8nd fairview ¢1 the state of affairs of the ch8rity aTrJ of th8 inwniTrJ resourc
and appli¢ation of feSOur￿ ol Ihe tharityforthal wrtod. In preparing the finanual Slat￿￿ts the trustees ar8
requlred to..
3elEGt 3Uit&)le ar£ountin9 p(4ities asxI tlen apply them consi8tendy.'
observe the meth)d$ and princi￿¢8 in Ch•ritie8 SORP..
jud9em¢nts and esknatss thalare ￿a￿on￿ble ond prud¢nt',
81ate whethar applicable ottount*l9 St8r,dard3 hawg lollowe(I, to any m8t?rfal d?partvre$
i¥dosed explain¢d in th¢ finanGwl st•tem•nts',
- pr*pa￿ the finantiol statgmenis on tho goirg besis unb88 it Li inappropriote to Pr￿Uma Ihatth8
¢hafty will continu8 in bu8in88S.
The trusts8s arg ￿spOnSible for ka8￿ng wcpr accourtkng ￿ordS that discf0s9 wlth reasonab￿ accuracy at
any14rne tha fin￿c¥al posiliw of th&charity and to enatle them lo ertsure that thg finsncial statements compw
th the Chanty and Trustee Investrneni l&olandl Act 2005. the Charity A¢counls IS¢olandl R8gulats'ons 2006
las amen¢Jedl and the prowlsic￿S of tha tr￿1 ¢eed. They are alsu ￿spOnSibl¥ for $afvguarding the as$fyl$ ollhe
chanty and tthirg rgasonabk steps forthe preVentiC￿ ￿ det￿l￿n of fraud and olher i1regularil￿.
Appro¥od by the tntst88s and sign8d on thèir beh•lf by.
Page 8