Shottstown Miners Welfare Charltable Soclety Charity No. SC021017 Trustees, Report and Unaudited Accounts 31 January 2024 Shottstown Mlners Welfare Charitable Soclety Contents Pages Trustees, Annual Report Independent ExamSner's Report StatemÈnt of Financial Activltles 2to3 Balance Sheet Notes to the Accounts 7t012 Detalled Statement of Flnanclal Actlvltles 13to14 Page I Shottstown Mlners Wellare Charitable So¢lety Trustees Annual Report The trustees present thelr report wlth the unaudited financlal statements of the charlty for the year ended 31 January 2024. REFERENCE AND ADMINISTRATIVE DETAILS Charlty No. SC021017 Prlnclpal Offlce 165 John Street Peniculk Mldlothlan EH26 8AT Trustees The followlng trustees served durln8 the year.. C. Alnsworth H. Gillian C. Munro D. Slater Accountants phlllp Bald Accountancv 3B Ormlston Terrace Edinburgh EH12 7SJ OBJECTIVES AND ACTivrriES The charltWs objectives, as detsiled In the constStutlon are to provSde facllitles for such form5 of recreation and other lei5ure-tlme occupation as are conductlve to the Improvement of the condition5 of living of the InhabStants of Shottstown and Penltulk and the neighbourhood thereof within the Soclety's sphere of operations as defirbed from time tu time and In particular (but not exclusively) such of the inhabltant5 as are members of the Mlning Communlty. The maln activities undertaken by the charity are the malntenance and upkeep of the Charlty's premlses, in order to generate income from the Shottstown Mlners, Welfare Society and Social Club vla an occupation Ilcence and donatiOn5. Any Surplus fund5 are avallable for distrlbution to local or8anisations as the Committee see flt In the furtherance of the Charlty's objectlves. ACHIEVEMENTS AND PERFORMANCE The cost of living crisls has had an impact on the actlvities of the Charity and the Soclal Club whl¢h supports the Charity's activitie5. The Management Committee are exploring all optlons to try and grow the revenues of the Soelal Club whlch wlll allow it to make donations to the Charitv. FINANCIAL REVIEW There was a deficit for the year, as a result of the impact of the cost of livln8 crisls and the associated effect on the tradlng in the Soclal Club. A5 a result of the deficit in the Social Club, there was no glft aid donation for the year, The Committee alms to maintain the general resewe at a sultable level, lo allow the premises to be malntalned Sn Bood functional order. The Bowls Section fund is for the purposes of maintenance of the bowling green and other actlvitie5 undertaken by the Bowls Sectlon in the furtherance of the Charlty's objectives. Page 2 Shottstown Mlners Welfare Charitable SocSety Trustees Annual Report STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is established under a constitutlon, which established the oblectlves and powers of the charitv. The con5titutlon has been in place 51nce the reglstratlon of the charlty with OSCR on the 31st January 1993. The trustees of charlty for the purposes of charity law, as listed on above, also form the Board of the charity. The Board are appolnted at the Annual General Meetin8 and hold office for a period 013 years, or as when required to flll any vacancles that rnay arise during the year. The responslbllitie5 of the trustees are set out below. Prlor to the start of the Annual General Meeting, the members of the Board are requlred to reslgn from offlce and are ellglble for re-election. The Board may appoint such persons as It deems appropriate to be executive officer5 of the charity and may delegate such responslbllltles of the Board to such persons as the Board may deern necessary. Each new member of the Board is provlded with a structured induction programme over the first year. Statement of trusteès. responslbllltles In relatlon to the flnanclal statements The charlly trustees are responsible for preparing a trustees, annual report and financial statements In accordance with applicable law and United Klngdom Atcountln8 Standards Iunlted Klngdom Generally Accepted Accountlng Practice). The trustees are responsible for keepin8 proper accountlng records that disclose wlth reasonable accuracy at any tlme the fSnancial position of the charlty and to enable them to ensure that the flnanclal statements comply with the Charities Act 2011, the applicable ChaYltie5 IAccounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responslble for safeguardlng the assets of the charlty and hence taklng reasonable steps for the prevention and detectlon of fraud and other Srregularitles. Slgned on behalf of the charlty's trustees C. Ainsworth Trustee 11 April 2025 Page 3 Shottstown Mlner5 Welfare Charftable So¢letv Independent Examlners Report Independent EKaminer's Report to the trustees of Shott5town Miners Welfare Charitable Society I report to the trustees on my examlnatlon of the flnanclal statements of Shottstown Mlners WelFare Charitable Soclety for the year en(led 31 January 2024. Responslbilltles and basis of report As the charity's trustees you are responsible for the preparation of the flnancial statements In accordance wlth the requirements of the Charities Act 20111'tFie Act'l. I report In respect of my exarnlnatlon of the charity's financlal statements carried out under section 145 of the 2011 Act and In carrylng out my examination I have followed all the applicable Dlrectlons given by the Charity Cornm1551on under sectlon 14515llbl of the Art. Independent examlner's Statement I have completed my examinatlon. I can confimi that no material matters have come to my attention In connectlon wlth the examinatlon giving me cause to believe that in any material respett: thè accounting records were not kept in r￿Pect of the charity as requlred by section 130 of the Act; or the financlal statements do not accord with those records,. or the financial statements do not comply with the appllcable requirements Concerrilng the form and content of flnanclal Statements set out in the Charities (Accounts and Report51 Regulations 2008 other than any requlrement that the financial statements give a 'true and fair, vlew which 15 not a matter considered as part of an Independent examination. I have r)0 Con￿r[>S and have come across no other matters In connectlon wlth the exarnination to whlch attentlon should be drawn in th15 report In order to enable a proper understandlng of the flnanclal statements to be reathed. Philip Bald FCCA Philip Bald Accountancy 3B Ormiston Terrace Edinburgh EH12 7SJ 11 Aprll 2025 Page 4 Shott5town Mlners Welfare Charltable Soclety Statement of Financial Actlvitie5 for the year ended 31 January 2024 Unrestrlcted funds 2024 Restricted funds Total funds Total funds 2024 2024 2023 Notes Income and endowments from: Donations and legatles Charltable activltles 3,000 17,990 11,917 6,804 18,721 Total 11,918 6,804 18,722 20,990 Expendlture on: Charltable activities Other 5CK) 5,676 6,176 14,273 6,966 14,604 14,273 Total 14,773 5,676 20,449 21,570 Net galns on Investments Net expenditure Transfers between funds 12,8551 1,128 11,7271 15801 Net expenditure before other galnslllosses) 12,8551 1,128 11,7271 15801 Other gains and losses Net movement in funds 12,8551 1,128 11,7271 15801 Reconciliation of funds: Total funds brought foNard 171,331 592 171,923 172,503 Total funds ¢arrled forward 168,476 1,720 170,196 171,923 Page 5 Shottstown Mlner5 Welfare Charltable Soclety Balance Sheet at 31January 2024 Charity Nts. SC021017 2024 2023 Flxed assets Tanglble assets 177,661 177,661 187,224 187,224 Current a5set5 Debtors Cash at bank and In hand io 5.622 1,765 7,387 114,8521 17,4651 170,196 170,196 646 646 Credltors.. Amount falling due within one year Net current Ilabllltles li 115,9471 115,3011 171,923 171,923 Total assets less current Ilabllltles Net assets eKcludSn8 pension asset or Ilability Total net assets 170,196 171,923 The lunds of the charlty Restrl¢ted funds Restricted income funds 12 1,720 1,720 592 592 Unyestrlcted funds General funds 12 168,476 171,331 168,476 171,331 Total funds 170,196 171,923 Approved by the trustees on 11 April 2025 And slgned on thelr behalf by: C. Alns Trustee 11 Aprll 2025 Pagè 6 Shottstown Miners Welfare Charltable So¢lety Notes to the A