Shottstown Mlners Welfare Charltable Soclety
Charity No. SC021017
Trustses, Report and Unaudited Accounts
31 Jantsary 2025

Shotrstown Mlners Wellare Charitsble So¢lety
Contents
Pa8es
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of Flnancial Actlvitles
Balance Sheet
Notes to the Accounts
7t012
Detalled Statement of Flnanclal Actlvlties
13to14
Page I

Shottstown Mlners welfa￿ Charitable So¢lety
Trustees Annual Report
The trLkStees present thelr report with the unaudited flnancial statements of the charlty for the year ended
31 January 2025.
REFERENCE AND ADMINISTrATIVE DETAILS
Charity No. SC021017
Prlnclpal Office
165 John Street
Ponlcuik
Midlothian
EH26 8AT
Trustees
The following tru5teÈs served during the year:
C. Alnsworth
H. Gllllan
D. Slater
Accountants
Phlllp Bald Accountancy
3B Omiiston Terrace
Edlnburgh
EH12 75J
OBJEcfivES AND AcfiviTIES
The charltvs objeclives, as detailed in the constltlrtion are to provlde facllltles for stjch forms of recreallon
and other lelsure-tlme occupation as are conductive to the improvement of the condltlons of living of the
inhabltants of Shottstown and Penicuik and the nelghbourhood thereof within the Society's sphere of
uperatlons as defined from time to time and In partlcular (but not exclusively) such of the inhabitants as are
members of the Mlnlng Communlty.
The main activities undertaken by tho charity are the maintenance and upkeep of the Charlty's premlses, in
order to generate income from the Shottstown Miners, Welfare Society and Soclal Club vla an occupation
licence and donations. Any surplus funds are avallable for dlstrlbutlon to local organlsatlons as the
Committee see flt in the furtherance of the Charity's objectives.
ACHIEVEMENTS AND PERFORMANCE
The c05t of livlng crlsSs has had an impact on the activlties of the Charity and the Social Club which supports
the Charlty's artlvlties. The Management Commlttee are explorlng all options to try and grow the reverbues of
the Social Club whlch will allow it to make donations to the Charity.
FINANCIAL REVIEW
There was a deflclt for the year, as a result of the Impact of the cost of Ilvlng crlsls and the assoclated effect
on the trading in the So¢lal Club, As a result of the deflclt In the Social Club, there was no gift ald donalion for
the year.
The Committee aim5 to maintaln the general re5eNe at a sultable level, to allow the premise5 to be
maintained in good functSonal order. The Bowls Section fund is for the purposes of rna1ntenan￿ of the
bowling green and other actlvltles undertaken by the Bowls Sectlon in the furtherance of the CharSty'S
oblectlves.
Page 2

Shottstown Mlners Welfare Charltable Sodety
Trustees Annual Report
STRucfuRE, GOVERNANCE AND MANAGEMENT
The charity 15 established under a constStutlon, which established the oblectives and powers of the charltv.
The con5titutlon has been In place since the registralion of the charSty with OSCR on the 31st January 1993.
The trustees of charity for the purposes of charity law, as listed on above, also form the Board of the charity.
The Board are appointed at the Annual General Meeting and hold office for a period of 3 years, or as when
require(I to flll any vacavjcies that may arise during the year. The responsibilities of the trustees are set out
below.
Prlor to the start of the Annual General Meetlng, the members of the Board are required to reslBn from
office an(1 are eligible for re-electlon.
The Board may appoint such persons as It deems appropriate to be oxecutlve offlcers of the charlty and may
delegate Such responsibilities of the Board to such person5 a5 the Board may deem necessary.
Each new member of the Board Is provlded with a strLtctured Inductlon programme over the flrst year.
Statement of trustees, responsibilltles In relatlon to the flnancial statements
The charity trustees are responsible for preparlng a trustees, annual report and fSnanclal statements In
accordance with appllcable law and Unlted Kingdom Accounting Standards Iunlted Kingdom Generally
Accepted Accounting Practice).
The trustees are responsible for keeping proper accountlng records that disclose wSth rèasonable accuracy at
any tlme the financial p051tlon of the charity and to enable them to ensure that the flnanclal statements
comply with the Charwties Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the
provlsions of the Trust deed. The Trustees are a150 responsible for safeguarding the assets of the charity and
hence taking reasonable steps for the preventlon and detpction of fraud and other Irregularities.
Signed on behalf of the charity's trustees
C, Ainsworth
Trust@e
20 June 2025
Pa8e 3

Shottstown Mlners Welfare Charltable Socletv
Independent Examlners Report
Independent Emamlner's Report to the trustees of Shottstown Mlners Welfare Charitable Soclety
I report to the truslees on my examinatlon of the flnanclal statements of Shottstown Mlners Welfare
Charltable Society for the year ended 31 January 2025.
Responslbllltles and basis of report
As the charlty's trustees you are responsible for the preparatlon of the financial statements In accordance
with the requlrements of the Charltles Act 20111'the Act'l.
I report in respect of my examinatlon of the charlty's financial statements carried out under section 145 of
the 2011 Act and In Cdrrying out my examinatSon I have followed all the appllcable DSrectlons glven by the
Charlty Q)mmission under sectlon 14515llbl of the Act,
Independent examlner's statement
I have completed my examlnation. I can conflrni that no material matters have come to my attentlon In
connection with the examinatlon glving me cause to believe that In any material respect:
the accounting records were not kept In respeci of the charity as requlred by section 130 of the Act,. or
the financlal statements do not accord with those records; or
the financlal statements do not comply with the appllcable requlrements concerning the form and
content of finan£lal statements set out In the Charlties (Accounts and fteportsl Regulations 2008 other
than any requirement that the financlal statements give a 'true and falr, vlew which is not a matter
considered as part of an Independent examinatlon.
I have no concerns and have come across no other matter5 In connection with the examlnation to which
attention should be drawn in thls report In order to enable a proper understanding of the financial
statements to be reached.
Philip Bald FCCA
Phllip Bald Accountancy
3B Ormiston Terrace
Edinbur8h
EH12 7SJ
201une 2025
Page 4

Shott5town Mlners Welfare Charitable Society
Statement of Flnanclal A¢tlvltles
for the year ended 31 January 2025
Uniestrlcted
funds
2025
Restrlrted
funds Total funds Total funds
2025
2025
2024
Note5
Income and endowments
from:
Charitable actlvities
11,917
9,027
20,944
18,721
Total
11,917
9,027
20,944
18,721
Expendlture on:
Charitable activlties
Other
500
8,199
8,699
16,689
6,176
14,272
16,689
Total
17,189
8,199
25,388
20,448
Net gains on inve5tment5
Net expendlture
Transfers between fund5
15,2721
828
4,4441
11,7271
Net expendlture before other
gainslllossesl
15,2721
828
11,7271
14.4441
Other zalns and losses
Net movement In lunds
15,2721
828
14,4441
11,7271
Reconciliatlon of funds:
Total funds brought forward
168,475
1,721
170,196
171,923
Total funds carried forward
163,203
2,549
165,752
170,196
Pase 5

Shottstown Mlner5 Welfare Charltable Soclety
Balance Sheet
at 31 January 2025
Charity No. SC021017
2025
2024
Flxed assets
Tangible assets
166,933
166,933
177,661
177,661
Current assets
Debtors
Cash at bank and in hand
14,771
2,582
17,353
118,5341
11.1811
165,752
5,621
1,765
7,386
114,8511
17,4651
170,196
170,196
Creditors: Amount falling due withln one year
Net current liabllltles
io
Totsl assets less Current liabllltles
Net assets excluding penslon asset or Ilabllitv
165,752
Total net assets
165,752
170,196
The funds of the charlty
Restricted funds
Restrlcted Income funds
li
2,549
2,549
1,721
1,721
Unrestritted funds
General funds
li
163,203
168,475
163,203
168,475
Total funds
165,752
170,196
Approved by the trustees on 20 June 2025
And signed on thelr behalf by:
C. Ainsworth
Tnjstee
201une2025
Page 6

Shottstown Miners Welfare CharStable Soclety
Notes to the A¢¢ounts
for the year ended 31 January 2025
l Accountln8 pollcies
Basls of preparatlon
The financial statements have been prepared in accordance with Statement of Recommended Practlce..
Accounting and Reportlng by Charltles preparin8 their accounts in accordance with the Financlal
Reporting Standard applicable in the UK and Republlc If Ireland IFRS 1021 Issued on 16 july 2014 and the
Financlal Reporting Standard appllcable in the United Klngdom and Republlc of Ireland IFRS 1021 and the
Charitles Act 2011.
Change In ba51$ of accountlng or to previous accounts
There ha5 been no change to the accountlng policles Ivaluatlon rules and method of accounting) slnce
last year and no Changes have been made to accounts for previous years.
Fund accountlng
Unrestrlcted funds These are avallable for use at the discretion of the trustees In furtherance of the
general objects of the charitv.
These are available for use subject to restrictlons Imposed by the donor or through
terms of an appeal.
Restricted funds
Income
Reco8nltlon of
incorne
Income is included in the Statement of Financial Activftles ISOFAI when the charity
become5 entltled to, and vlrtually certaln to receive, the income and the amount of
the Income can be measured wlth sufflcient reliabllity.
Income with related Where Income has related expenditure the Income and related expenditure Is
expenditure
reported gr05s in the SOFA.
Donatlons and
legacles
Voluntary Income received by way of grants, donatlons and glfts 15 Included in the
the SDFA when receivable and only when the Charity has uncondltlonal entitlement
to the income.
These are only included in income Iwith an equivalent amount In expenditure)
where the beneflt to the Charlty is reasonably quantlfiable, rneasurable and
material.
Volunteer help
The value of any volunteer help received Is not Included in the accounts.
Investment income Thls Is included in the accounts when receivable.
Donated services
and facllitSes
Page 7

Shottstown Miner5 Welfare Charitable Socletv
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expèndlture is recognlsed on an accruals basls. Expenditure Includes any VAT whlch
cannot be fulty recovered, and Is reported as part of the expenditure to which It
relates.
Expendlture on
These comprise the costs inojrred by the Charlty In the dellvery of Its activitles and
charitable actlvltles services in the furtherance of its oblects, Including the makin8 of grants and
governance costs.
These Include those costs assoclated wwth meetlng the constitutional and statutory
requirements of the Charityi including any audit/independent examlnatlon fees,
Costs linked to the strategic management of the Charltyi together with a share of
other administratlon costs.
These are 5UPPOrt costs not allocated to a partlcular activity.
Governance costs
Other expendlture
Tamatlon
The £harlty1s exempt from tax on Sts charitable actSvltles.
Tanglble fixed assets and depreciatlon
Depreciation is provlded at the followlng annual rates in order to wrlte off eath asset over its estimated
useful lrfe:
Freehold property
Recreation 8round
equlpment
Fixtures, fittlngs and
equlpment
2% 5tralght Ilne
15% reduclng balance
15% redudng balance
Trade and other debtors
Trade and other debtor5 are recognised at the settlement arnount due after any trade discount offered.
Prepayments are valued at the amount prepald net of any trade dlscounts due.
Cash and cash equlvalents
Cash and cash equivalents tomprlse cash at bank and on hand, demand dep051ts wlth banks and other
short-term highly Ilquid investments with original Thaturlties of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown wlthin borrowlngs or current liabllltles.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an Integral part of the company's cash management.
Trade and other creditors
Short term tredltors are measured at the transaction prlce. Other credltor5 and provlslons are
recognised where the charity has a present obligation resultlng from a past event that will probably
result in the transfer of ftjnds to a third party and the amount due to settle the obligatlon can be
measured or estÉmated reliably. Creditors and provisions are normally recognlsed at their settlement
amount after allowing for any trade dlscounts due.
Receipt of donated goods, faclllties and servlces
All donated good5, facllSties and services received are recogn15ed wlthln incoming resources and
expendlture at an estlmate of the value to the Charily.
Page 8

Shottstown Mlners Welfare Charitable Society
Notes to the Accounts
2 Statement of Flnanclal Actlvities- prl¢Y year
Unrestrlcted
funds
Restrfcted
funds Total funds
2024
2024
2024
Income and endowments from:
Donations and legacles
Charitable activities
11,917
6,804
18,721
Total
11,918
6,804
18,722
Expendlture on:
Charitable actlvltles
500
5,676
6,176
14,273
Other
14,273
Total
14,773
5,676
20,449
Net income
12,8551
1,128
11,7271
Net Income before other
gains/l1055es1
Other gain5 and losses:
Net movement In funds
12,8551
1,128
11,7271
12,8551
1,128
11,7271
Reconciliatlon of lunds,,
Total funds brought forward
Total funds ¢arried lorward
171,331
592
171,923
168,476
1,720
170,196
3 Income from charltable actlvltles
Unrestrlcted
Restrlcted
Total
Total
2025
2024
Occupatlonal licence
Bowls Sectlon
11,917
11,917
9,027
20,944
11,917
6,804
18,721
9,027
9,027
11,917
4 Expendlture on charltable activities
Unr8Stricted
Restrlited
Total
Total
2025
2024
Expendlture on charltable
activitles
Bowls Section
8,199
8,199
5,676
Governance costs
Independent examination
fee
500
5C()
500
500
8,199
8,699
6,176
Page 9

Shottstown Mlners Welfare charltable Society
Notes to the Accounts
5 Other expendlture
Unrestrlrted
Total
Total
2024
2025
Premises costs
Amortlsation, depre¢Sation,
impairment, profltlloss on
disposal of fSxed assets
General adminlstrative costs
5,133
5,133
4,709
10,728
10,728
9,563
28
28
Le8al and profe55ional cost5
800
800
16,689
16,689
14.272
6 Net expendlture before tran5fets
2025
2024
Thls Is stated after charglng-
Depreciation of owned fixed assets
7 Staff costs
No employee recelved emoluments In excess of £60,(X)O.
8 Tangible fixed assets
10,728
9,563
Land and
buildings
Recreatlon
ground
equipment
Fixtures,
flttln85 and
equipment
Total
Cost or revaluatlon
At l February 2024
At 31 January 2025
Depreclatlon and
impalrment
At l February 2024
Oepreclation charge for the
year
At 31 January 2025
Net book values
303,353
303,353
9,335
9,335
167,295
167,295
479,983
479,983
145,447
8,883
147,992
302,322
6,068
68
4,592
10,728
151,515
8,951
152,584
313,050
At 31 January 2025
At 31 January 2024
9 Debtors
151,838
157,906
384
14,711
19,303
166,933
177,661
452
2025
2024
Other debtors
14,771
14,771
5,621
5,621
Page 10

Shott5town Miners Welfare Charitable Soclety
Notes to the Accounts
10 Creditors:
amounts falllnE due wlthln one year
2025
2024
Other loans
Trade credltors
other taxes and soclal securlty
Accruals
2,000
2,302
11,183
3,049
18,534
2,000
1,402
8,950
2,499
14,851
11 Movement In funds
Incoming
resources
At31
January
202S
Resources
expendad
Atl
{includlng
February
other
2024 galnsllossesl
Restricted funds:
Restricted Income funds:
Bowls Sectlon Fund
1,721
9,027
18,1991
2,549
Totol
1,721
9,027
18,1991
2,549
Unrestrlcted fvnds:
General funds
168,475
11,917
117,189}
163,203
Total funds
170,196
20,944
125,3881
165,752
Purposes and restrlctions In relatlon to the funds..
Restricted funds..
Bowls Section Fund
The Bowls Section fund is for the purposes of maintenance of the bowling
green and other actlvlties undertaken by the Bowls Sertion In the
furtherance of the Charity's objectlves.
12 Analys15 of net assets between funds
Unrestricted
funds
Restrlcted
funds
Total
Fixed assets
Net current assets
166,933
13,729
163,204
166,933
11,1811
165,752
2,548
2,548
Page 11

Shottstown Mlners Welfare Charltabie So¢lety
Notes to the Account5
13 Recondliatlon of net debt
Atl
February
2024
At31
January
2025
Cash fk)ws
Cash and cash @qulvalents
1,765
1,765
817
817
2,582
2,582
Borrowlng5
12,OlX)I
12,0001
12,0001
12,0001
Net debt
12351
817
582
Page 12

Shott5town Mlners Welfare Charitable Soclety
Detalled Statement of Flnanclal Activltles
for the year ended 31 January 2025
Unrestrlcte
d funds
Restrlcted
lunds
2025
Total funds
2025
Total fund5
2024
2025
Income and endowments from:
Charitablè activities
Occupational licence
Bowls Section
11,917
11,917
9,027
20,944
11,917
6,804
18,721
9,027
9,027
11,917
11,917
Total Income and endowments
9,027
20,944
18,721
Expenditure on:
Charitable 8cllvlties
Bowls Section
8,199
8,199
8,199
8,199
5.676
5,676
Gi)vernance costs
Independent examination fee
500
500
500
500
500
500
Total of expenditure on charitable
actlvities
5¢KJ
8,199
8,699
6,176
Premises costs
Premises Insurances
5,133
5,133
5,133
5.133
4,709
4,709
General admlnlstrative costs,
Including depreciatlon and
amortisatlon
Depreciatlon of land and
buildings
Depreciatlon of Recreatlon
ground equipment
Depreclatlon of Fixtures, fittlngs
and equipment
Bank charges
6,068
6,068
6,068
68
80
4,592
4,S92
3,415
28
28
10,756
10,756
9,563
Legal and professlcinal costs
Accountancy and bookkeeping
800
800
800
800
Total of expenditure of other cost5
Total expenditure
Net galns on investments
16,689
16,689
14,272
17,189
8,199
25,388
20,448
Net expendlture
15,2721
828
14,4441
11,7271
Page 13

Shotlstown Mlners Welfare Charltable Society
Detalled Statement of Flnancial Activlties
Net expenditure before other
galnslllossesl
Other Gains
15,2721
828
14,4441
11,7271
Net movement In funds
15,2721
828
14,4441
11,7271
Reconciliation of funds:
Total funds brought forward
168,475
1,721
170,196
171,923
Total funds carrled forward
163,203
2,549
165,752
170,196
Page 14