Shottstown Mlners Welfare Charitable So¢letv
Charlty No. SC021017
Trustees, Report and Unaudlted Accounts
31 january 2026

Shottstown Mlners Welfare Charitable Soclety
Contents
Pages
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of FSnanclal Activlties
Balance sheet
Notes to the Accounts
7t012
Detalled Statement of Financial Artivlties
13to14
Page I

Shottstown Mlners Welfare Charltable So¢lety
Trustees Annual Report
The trustees present their report wlth the unaudlted financial statements of the charity for the year ended
31 january 2026.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. SC021017
Prlncipal Office
165 John Street
Penicuik
Midlothlan
EH26 8AT
Trustees
The followlng trustees served durlng the year.
C. Ain5WOrth
H. Gilllan
K. McKay
D. Slater
Aecountants
PhllSp Bald Accountancv
3B OrmlstDn Terrace
Edlnburgh
EH12 7
OBIECTIVES AND ACTivrriES
The charit15 objectives, as detalled In the constitution are to provide facilltie5 for such forms of recreation
and other lelsure-tlme occupation as are conductive to the improvement of the condition5 of livlng of the
inhabitants of shottstown and Penlculk and the neighbourhood thereof wlthln the Society'5 sphere of
operations as deflnÈd from time to tSme and in particular Ibut not exclusively) such of the InhabStants as are
member5 of the Mining Communlty.
The main activitles undertaken by the charlty are the malntenance and upkeep of the Charity'5 premlses, In
order to generate income from the Shottstown Miners, Welfare Society and Social Club via an occupation
licence and donations. Any surplus funds are avallable for distribution to local organisations as the
Commlttee see fit in the furtherance of the Charity's objective5.
ACHIEVEMENTS AND PERFORMANCE
The cost of living crisis has had an Impact on the activitie5 of the charlty and the Soclal Club which supports
the Charlty's activSties. The Management Commlttee are explorlng all options to try and grow the revenues of
the Social Club which will allow it to make donatioris to the Charity.
FINANCIAL REVIEW
There wa5 a deflclt for the year, as a result of the impact of the cost of living cri515 and the assoclated effect
on the tradlng in the Soclal Club. As a result of the deficit In the Soclal Club, there was no glft aid donation for
the year.
The Commlttee aims to maintain the general resetve at a suitable level, to allow the premlses to be
malntained in good functlonal order. The Bowls 5ectlon fund 15 for the purposes of malntenance of the
bowling green and other activlties undertaken by the Bowls Sectlon In the furtherance of the Charily's
objectlves,
Page 2

Shottstown Mlners Welfare Charltable Soclety
Trustees Annual Report
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is establlshed under a constitution, which established the objective5 and powers of the charlty.
The constitution has been in place slnce the re8iStratlon of the charity with OSCR on the 3tst January 1993.
The trustees of charity for the purpose5 of charity law, a$115ted on above, also form the Board of the charity.
The Board are appointed at the Annual General Meetlng and hold offScè for a perlod of 3 yèars, or as when
requlred to fill any vacancies that may arlse durlng the year. The re5ponslbllltles of the trustees are set out
below.
Prior to the start of the Annual General Meetln& the members of the Board are requlred to reslgn from
office and are ellglble for re-election.
The Board may appolnt such persons as It deems approprlate to be executlve offlcers of the charlty and mav
delegate such responslbllities of the Board to such persons as the Board may deern necessary,
Each new member of the Board Is provided with a structured induction programme overthe first year.
Statement of trustee5' responslblllties In rÉlatlon to the flnanclal statements
The charity trustees are responslble for preparlng a trustees, annual report and flnanclal statements In
accordance with applicable law and Unlted Klngdom Accounting Standards Iunlted Klngdom Generally
Accepted Accounting Practicel.
The trustees are re5pDnslble for keeplng proper accounting records that disclose with reasonable accuracy at
any time the financial poswtion of the charity and to enable them to ensure that the flnanclal 5tatement5
comply with the Charities Act 2011, the appllcable CharSties IAccounts and Reportsl Regulatlons, and the
provisions of the Trust deed. The Trustees are also re5P0115ible for Safeguarding the assets of the charity and
hence taking reasonable step5 for the preventlon and detectlon of fraud and other Irregularlties.
Slgned on behalf of the charity's tnjstees
H. GlllSan
Trustee
20 March 2026
Page 3

Shott5town Miners Welfare Charltable Socletv
Independent Examiners Report
Independent Examlner's Report to the trustees of Shottstown Miners Welfare Charltable Socletv
I report to the trustee5 on my examination of the flnancial statements of 5hottstown Miners Welfare
charitable Society for the year ended 31 January 2026.
ResponslbllStles and basls of report
As the charity's trustees you are responsible for the preparatlon of the financial statements in accordance
wlth the requirements of the Charltles Act 20111'the Act'l.
I report In respect of my examlnatSon of the charlty's flnanclal statements carried out under sectlon 145 of
the 2011 Act and In carrylng out my examlnatlon I have followed all the appllcable Directlons given by the
Charity CommissSon under sectlon 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I can confirm that no materlal matters have come to my attention In
connection with the examinatlon gSving me cause to believe that In any material respect..
the accounting records were not kept In respect of the charlty as required by section 130 of the Act,. or
the financial statements do not accord with those records,. or
the flnancial statements do not Comply with the applicable requlrement5 concerning the form and
content of financial statements set out in the CharStles IAccounts and Reportsl Regulations 2008 other
than any requirement that the flnancial statements glve a 'true and falr, vlew which 15 not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examinatlon to whlch
attention should be drawn in thls report In order to enable a proper understanding of the flnanclal
statements to be reached.
Phlllp Bald FCCA
PhSllp Bald Accountancy
3B Ormlston Terrace
Edinburgh
EH12 7SJ
20 March 2026
Page4

Shottstown Mlners Welfare Chayltable Soclety
Statement of Flnan¢ial Actlvltles
for the year ended 31 January 2026
Unrestricted
funds
2026
Reslrltted
funds Total lunds Total funds
2026
2026
2025
Notes
Income and endowments
from:
Donations and legacies
Charitaljle actlvltles
2,600
11,917
2,6(K)
19,361
7,444
20,944
Total
14,517
7,444
2L961
20,944
Expendlture on:
Charitable activltles
Other
500
15,314
7,692
8,192
15,314
8,699
16,689
Total
15,814
7,692
23,506
25,388
Net Balns on Investments
Net expenditure
Transfers between funds
11,2971
12481
11,5451
14,4441
Net expenditure before other
ain5lllosses1
11,2971
12481
11,5451
14,4441
other galns and10sses
Net movement Infunds
11,2971
1248
11,5451
14,4441
Reconciliation of funds:
Total funds brought forward
163,203
2,549
165,752
170,196
Total funds ¢arrled forward
161,906
2,301
164,207
165,752
Page 5

Shottstown Miners Welfare Charitable So¢lety
Balance Sheet
at 31 January 2026
Charlty No. SC021017
2026
2025
Flxed assets
Tangible assets
157,699
157,699
166,933
166,933
Cuyrent assets
Debtors
Cash at bank and in hand
io
10,654
2,301
12,955
16,4471
6,508
14,771
2,582
17,353
118,5341
11,1811
165,752
Credltors: Amount falling due wlthln one year
Net ￿rrent assetsllllabllltlesl
Total assets less Current Ilabllltles
li
164,207
Net assets excluding penslon asset or Ilability
164,207
165,752
Total net asset5
164,207
165,752
The funds of the ¢harlty
Restritted funds
Re5trlcted Income funds
12
2,301
2,301
2,549
2,549
Unrestrlcted funds
General funds
12
I61,￿6
163,203
I61,￿6
163,203
Total funds
164,207
165,752
Approved by the trustees on 20 March 2026
And signed on thelr behalf by..
H. Gllllan
Trustee
20 March 2026
Page 6

Shottstown Mlners Wèlfare Charltable Societv
Notes to the Accounts
for the year ended 31 January 2026
l Accountlng pollcie5
Basls of preparatlon
The financial statements have been prepared in accordance wlth Statement of Recommended Practlce:
Accounting and Reporting by charltles preparSng thelr accounts In accordance wlth the Flnanclal
Reporting Standard appllcable In the UK and Republic If IrÈland IFRS 1021 issued on 16 July 2014 and the
Financial Reportin8 Standard appllcèble In the Unlted Kln8dom and Republlc of Ireland IFRS 1021 and the
chariti￿ Act 2011.
Change in basls of accounting or to prevlous a¢eounts
There has been no change to the accounting pollcies Ivaluation rules and method of accountlngl slnce
last year and no changes have been made to accounts for prevlous years.
Fund accountlng
Unrestricted fund5 These are available for use at the d￿CretIon of the trustees in furtherance of the
general objects of the charity.
These are available for use 5ublect to restrlttions imposed by the donor or through
terms of an appeal.
Restricted funds
Income
Recognltlon of
Income
Income is included In the Statement of Financlal Actlvlties ISOFAI when the tharlty
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured wlth sufficient rellabilltv.
Income with related Where income has related expenditure the incowne and related expendlture Is
expenditure
reported gross in the SOFA.
Donations and
Voluntary incorne received by way of Brants, donatlons and gifts Is included In the
le8acies
the SOFA when recelvable and only when the Charlty has uncondltlonal entltlement
to the Income.
The value of any volunteer help received is not included In the accounts.
Volunteer help
Expenditure
Recognition of
expenditure
Expenditure is recognlsed on an accruals basls. Expenditure Sncludes any VAT whSch
cannot be fully recovered, and is reported as part of the expenditure to which It
relates.
Expenditure on
These comprise the cost5 incurred by the Charity In the delfvery of it5 activitie5 and
charitable artivlties services in the furtherance of Its objects, Includlng the maklng of grants and
governance costs.
These Include those costs associated with meeting the constltutl¢>nal and statutory
requirements of the Charlty, Includlng any audltlindependent examination fees,
costs linked to the strategic mana8ement of the Charlty, together with a share of
other admlnlstration costs.
These are support Costs not allocated to a particular actlvity,
Governance costs
Other expendlture
Taxation
The charity is exempt frorn tax on Its charltable actlvltles.
Page 7

Shottstown Mlners Welfare Charitable Soclety
Notes to the Accounts
Tanglble fixed assets and deprecSatlon
Depreclatlon Ss provlded at the followlng annual rates In order to wrlte off each asset over Its estlmated
useful life..
Freehold property
Recreation ground
equlpment
Flxtures, fittings and
equlpment
2% stralght Ilne
15% reduclnE balance
15% redudng balance
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade dlscount offered.
Prepayments are valued at the amount prepald net of any trade dlscounts due.
Cash and cash equivalents
Cash and cash equivalenls CoMpr￿e cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the Statement of financial p051tion, bank overdrafts are shown withln borrowing5 or current liabllitie5.
In the Statement of Cash Flows, cash 2nd 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 credltors
Short term creditors are measured at the transaction price. Other creditors and provisions are recogni5ed
where the charity has a present obligation resulting fr()m a past event that will probably result in the
transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recogni5ed at their settlement amount after
allowing for any trade discounts due.
Page 8

Shottstown Mlners Welfare Charltable Sodety
Notes to the Accounts
2 Statement of Flnanelal Actlvitles- prlor year
Unrestrlcted
funds
Restrlcled
funds Total funds
2025
2025
2025
Income and endowments from:
Charitable artivities
11,917
9,027
20,944
Total
11,917
9,027
20,944
Expendlture on..
Charltable artivltles
500
8,199
8,699
16,689
Other
16,689
Total
17,189
8,199
25,388
Net In¢ome
15,2721
828
14,4441
Net Income before other
gains/llossesl
Other gains and losses.,
Net movement In funds
15.2721
828
14,4441
15,2721
828
14,4441
Reconciliatlon of funds:
Total funds brought fon￿ard
Total fund5 carried furward
168,475
1,721
170,196
163,203
2,549
165,752
3 Income from donatlons and legacles
Unrestrlctod
Total
Total
2026
2025
Donation from Shottstown
Miners Welfare Soclety and
Social Club
2,600
2,600
2,600
2,600
4 Income from charitable activltles
Unrestrl¢ted
Restri¢ted
Total
Total
2026
2025
Occupatlonal licence
Bowls Sectlon
11,917
11,917
7,444
19,361
11,917
9,027
20,944
7,444
7,444
11,917
Page 9

Shottstown Mlners Welfare Charltable SodÈty
NotÈs to the Accounts
5 Expendlture on charltable activities
Unre5trlctsd
Restrlcted
Total
Total
2026
2025
Expendlture on churltable
activlties
Bowls Sectlon
7,692
7,692
8,199
Govemunce costs
Independent examination fee
500
500
500
500
7,692
8,192
8,699
6 Other expenditur
Unrestrlcted
Total
Total
2026
2025
Other interest payable
Premises costs
Amortisation, depreciation,
Impairment, profitlloss on
disposal of flxed assets
General admlnistrative costs
1,084
4,696
1,084
4,696
5,133
9,234
9,234
10,728
loo
loo
28
Legal and professional costs
200
200
800
15,314
15,314
16,689
7 Net expendlture before transfers
2026
2025
Thls Is stated after charging,.
DepreclatlDn of owned flxed assets
8 Staff costs
No employee recewed emoluments in extes5 of £60,000.
9,234
10,728
Page 10

Shottstown Mlners Welfare Charltable Soclety
Notes to the Accounts
9 Tangible r￿ed assets
Land and
bulldln8S
Recreation
Flxtuyes,
fittings and
equlpment
ground
equipment
Total
Cost or revaluation
At l February 2025
At 31 January 2026
Depreclatlon and
impalmient
At l February 2025
Depreciation charge for the
year
At 31 January 2026
Net book values
303,353
303,353
9,335
9,325
167,295
167,295
479,983
479,983
151,515
8,951
152,584
313,050
6,068
2,782
9,234
157,583
9,335
155,366
322,284
At 31 January 2026
At 31 January 2025
10 Debtors
145.770
151,838
11,929
14,711
157,699
166,933
384
2026
2025
Qther debtors
10,654
10,654
14,771
14,771
11 Creditors:
amounts falllng due wlthln one year
2026
2025
Other loan5
Trade credltors
Other taxes and soclal securlty
Accruals
2,000
60
3,837
550
6,447
2,000
2,302
11,183
3,049
18,534
Page 11

Shottstown Mlners Welfare Charltable So¢lety
Notes to the Accounts
12 Movement In lunds
Incomln8
resources
At31
lincludln8
Atl
other
February gaSns/losses
2025
Resources
expended
January
2026
Restrlcted funds..
Restrlcted Income funds.,
Bowls Sectlon Fund
2,549
7,444
17,6921
2,301
Totttl
2,549
17,6921
2,301
Unrestrlcted funds:
General funds
163,203
14,517
115,8141
161,906
Total funds
165,752
21,961
123,5061
164,207
Purposes and restrictlons relatSon to the funds:
Restricted funds..
Bowls Section Fund
The Bowls Sectlon fund is for the purposes of malntenance of tho bowling
8reen and other activities undertaken by the 8owls Sectlon In the
furtherance of the Charlty's oblectlves.
13 Analysls of net assets between funds
Unrestricted
lunds
Restrl¢ted
funds
Total
Fixed assets
157,699
4,208
161,907
157,699
6,508
164.207
Net current assets
2,300
2,300
14 Reconciliation of net debt
Atl
At31
February
2025
January
2026
Cash flows
Cash and cash equlvalents
2,582
2,582
12811
12811
2,301
2,301
BorrowSngs
2,0001
12,0001
12,0001
12,0001
Net debt
582
12811
301
Page 12

Shottstown Mlners Welfare Charltable So¢lety
Detalled Statement of Financlal Activities
tor the year ended 31 January 2026
Unrestricte
d fund5
2026
Restricted
fund5
2026
Total tund5
2026
Total fund5
2025
Income and endowments from:
Donatlons and legacles
Donation from Shottstown Mlners
Welfare Soclety and Social Club
2,600
2,600
2,600
2,600
Charltable actlvltles
Occupational licence
Bowls Section
11,917
11,917
7,444
19,361
11,917
9,027
20,944
7,444
7,444
11,917
Total income and endowments
14,517
7,444
21,961
20,944
Expenditure on.,
Charitable actlvlties
Bow15 Section
7,692
7,692
7,692
7,692
8,199
8,199
Governance costs
Independent examlnation fee
500
500
500
500
500
500
Totsl of expendlture on tharttable
activitiès
500
7,692
8,192
8,699
Other expenditure
Other Interest payable
1,084
1,084
1,084
1,084
Premises costs
Premises insurances
4,696
4,696
4,696
4,696
5,133
5,133
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
bulldlngs
Depreciation of Recreation
ground equlpment
Depreclation of Fixture5, flttlngs
and equlpment
Bank charges
6,068
6,068
6,068
384
68
2,782
2,782
4,592
28
10,756
9,334
9,334
Lesal and professioFbal costs
Accountancy and bookkeeping
200
200
8(K)
200
200
8LK)
Page 13

Shottstown Mlners Welfare charltable Soclety
Detalled statement of Flnanclal Activitie5
Total of expendlture of other costs
Total expendlture
Net galns on investments
15,314
15,314
16,689
15,814
7,692
23,506
25,388
Net expendlture
11,2971
12481
11,5451
14,4441
Net empendlture before other
gainsll1055es1
Other Gain5
11,5451
14.4441
11,2971
12481
Net movement In funds
11,2971
12481
11,5451
14,4441
Reconclllatlon of funds:
Total funds brought forward
163.203
2,549
165,752
170,196
Total funds carried forward
161,906
2,301
164,207
165,752
Page 14