Scottish Charity No.SC042590
Old Glasgow Club Financial Statements Year Ended 31 March 2026
Old Glasgow Club
Contents of the Financial Statementsfor the Year Ended 3] March 2026
| Page | |
|---|---|
| Charity Information | l |
| Report of the Trustees | 2 |
| Report of the Independent Examiner | 3 |
| Receipts and Payments Account | 4 |
| StatementofBalances | 5 |
Old Glasgow Club Charity information
Trustees
Mrs J McNae Mrs M Thom Mr C McCormick MrS Little Mrs G MacKinnon Mrs S Crozer Mr B D Henderson Mr G McNae Mr K Benjamin MrJ Short
Address
26 Queen’s Drive Glasgow G42 8DD
Scottish Charity Number $C042590
Bankers
Bank of Scotland ple Glasgow Sauchiehall PO Box 1000 BX2 ILB
Independent Examiner
Kristina Bowie
Page 2
Old Glasgow Club Report of the Trusteesfor the year ended 31 March 2026
The Trustees are pleased to present their report together with the financial statements of the organisation for the period ended 31 March 2026
Legal and Charitable Status
The Old Glasgow Club has existed as an unincorporated club since 1900. The Directors wished to enable the association to receive the benefits of charitable status and accordingly applied to OSCR as a Scottish Charity. This was granted on 14 September 2011 (Scottish Charity No. SC042590) and the directors of the club became trustees of the charity. The Charity is governed by its constitution.
Charitable Objectives
The objects of the club are the study and discussion of matters relating to the history of the City of Glasgow and the collecting of articles of local and historical interest by donation or purchase.
Administrative Structure
The management of the club is vested in a board of twelve directors.
Trustees
The Trustees who served from | April 2025 up to date of this report were as follows:MrsJMcNae, Mrs M Thom, Mr C McCormick, Mr § Little, Mr B D Henderson, Ms G MacKinnon, Mrs S Crozer, Mr G McNae, Mr K Benjamin and MrJ Short.
Appointment of Trustees
New Trustees are appointed as and when required by the Charity’s needs. Appointment is through a process of criteria that has been agreed upon by the current Trustees. No set time limit of service is agreed for Trustees though the Trustees review their involvement annually. Mr Robin Muir, Ms C Fisher and Mr R Muir resigned as trustees on 31 March 2025. Mr J Short was appointed trustee on 1 April 2025.
Review of the Period
During the year under review, the club held monthly lectures from | April 2025 to 31st March 2026.
Financial Overview
The financial statements for the year are set out in pages 4 and 5. The Receipts and Payments Account on page 4 reflects an excess of receipts over payments of £205. The comparative figures are from 1“ April 2024 to 31% March 2025.
Trustees’ Responsibilities
The Trustees are required to prepare financial statements for each year which give a true and fair view of the state ofaffairs of the organisation as at the end of the year. In preparing the financial statements, the Trustees are required to select appropriate accounting policies and apply them consistently, and make judgements and estimates which are reasonable and prudent. The Trustees are responsible for maintaining adequate accounting records, for safeguarding the assets of the organisation, and for preventing and detecting fraud and other irregularities.
On behalf of the Trustees
Dated: Pak prt aoa
Page 3
Old Glasgow Club Independent Examiner’s Report to the Trusteesfor the Year Ended 31 March 2026
I report on the financial statements of the Trust for the year ended 31 March 2026 which are set out on pages 5 to 6.
Respective Responsibilities of Trustees and Independent Examiner
The Trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of Independent Examiner’s Statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the Trust and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeks explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements.
Independent Examiner’s Statement
In the course of my examination, no matter has come to my attention:
-
e which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and |
-
=" to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations.
have not been met, or
- e to which, in my opinion, attention should be drawn, in order to, enable a proper understanding of the financial statements to be reached.
Kristina Bowie Independent Examiner
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Dated: ras | |
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Page 4
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The Old Glasgow Club Receipts & Payments for the year ended 31 March 2026
| 2026 | 2025 | |||||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||
| Income | ||||||||
| Subscriptions | 2300 | 2,330 | ||||||
| Visitors | 387 | 448 | ||||||
| Tea | 149 | 161 | ||||||
| Donations | 30 | 0 | ||||||
| Sundries | 84 | 1,396 | ||||||
| Merchandising | 30 | 47 | ||||||
| Total Receipts | 2,980 | 4,382 | ||||||
| Expenditure | ||||||||
| Rent | 1472 | 1,390 | ||||||
| Speakers | 230 | 180 | ||||||
| Tea | 20 | 14 | ||||||
| Insurance | 90 | 90 | ||||||
| Stationery/Printing | 100 | 147 | ||||||
| Merchandise | 0 | 0 | ||||||
| Microphone Hire | 600 | 874 | ||||||
| Donation | 100 | 100 | ||||||
| Sundries | 163 | 1,393 | ||||||
| Total Payments | ||||||||
| 2,775 | 4,188 | |||||||
| Excess of receipts over payments / | ||||||||
| (paymentsoverreceipts) | 205 | 194 |
All funds are unrestricted.
Page 5
8
’
The Old Glasgow Club
Statement of Balances as at 31 March 2026
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Cash & Bank Balances | ||
| Opening balance | ||
| Current Account | 8948.00 | 8754 |
| Excess of(payments over receipts) / receipts over payments | 205.00 | 194 |
| Balance at 31 March 2026 | 9.153 | 8,948 |
| Investments | ||
| Premium Bond | 10 | 10 |
| Heritage Assets | ||
| Chain | 15,000 | 15,000 |
| President's Chain | 200 | 200 |
| Silver Tray | 400 | 400 |
| 15,600 | 15,600 |
Liabilities
There were no liabilities or contingent liabilities at the year end.
Trustees’ remuneration and expenses
The trustees received no remuneration or reimbursed expenses during the year (2026: nil).
General Fund
The General Fund encompasses all income and expenditure received for the objects of the charity without further specified purpose.
Basis of accounting
The financial statements have been prepared on the receipts and payments basis.
On behalf of the trustees
Margaret Thom, Trustee and Treasurer 10th April 2026
Page 6