CHARrrY REGISTRATION NUMBER: SC046391 Hamilton Business in the Community Unaudited Financial Statements 28 February 2025 ere accou an Part￿r, Nelson Gilmour Smith Mercantile Chambers 53 Bothwell Street Glasgow G2 6TB Hamilton Buslness in the Community Flnanclal Statement8 Year ended 28 February 2025 Page Trustees, annual report Independent examineffs report lo the trustees Statement of financial activities statement of financial position Notes to the ffnancial statements Th¢ following pages do not fomi part of tho financial statements Detailed statement of financial *Nit 11 Notes lo the detail&Y statement of financial activrties 12 Hamilton Business in the Community Trustees. Annual Report Year ended 28 February 2025 The trustees present theii report and Ihe unaudited financial statements of the charity for th8 year ended 28 Febwary 2025. Reference and admlnlstratlve details Regi8lered charty name Hamilton Business in the Community SC046391 Charlty regislration number Principal offi¢e Brandongate Leechlee Road Hamilton ML3 OXB The tTu$tee¥ Independent examlner Partner. Nejson Gilmour SnNth Mer¢Anlile Chambws 63 Bothwell Street Glasgow G2 6TB Structure. govemance and managament The Charity is govemed by a conslilulion and is set up as a Scottish Charttable Incorporated Organisation ISCIOI. registered on 7 March 2016. Th8 Trustees. who are Directors of Hamilton BID Limiled. and are deerrEd b be member5 of the ch8rity by the Ix)nsb'tulion. Trustees a￿ appointed by existing trustee¥ la rninimum of 31 unanimously at a charity Imstees meeting. Hamilton Business in the Community Thist888' Annual Report f¢oN¥nuedJ Year ended 28 F•bruary 21125 ObJ8ellv•s and a¢tivi1108 The SCIO wlll promol?, advance and fvrthèr charitable purwses by Ope￿tr.ng to recognise the place of business In community and Chaiitablè lifè In Hamilton and to be established to:_ 1 support the community of Hamilton In the achlovemenl of social and enVir(￿n￿ntal improvements through projrammes, events. r&search, Iwlknts and other appropr18te means., 2 relieve povety, advance edU￿tion, add[￿S environnEnl21 issues, prornote empbyability and hea￿ in the community of Hamilton., and 3 advanc￿ environmenlal 1mpmve￿Ent 8nd prorncte sustalnable development in Hamilton. For the purposes ol the 20D5 Act Ihe fOlbV￿r￿ charitable purp)ses are particularfy rel&vant and for the purposes of the 2005 Acl are the chaiitable purposes ilentified as appI￿&ble se¢lion 7 of the 2005 Act.'- 1 the advan￿ment of cttizenship and communty development {includlng supwrting other charitable and voluntary or9anBa1￿n$},. 2 the al¥an￿￿￿nI of enmronmentsl proteci'on or improvement (in particular in the Hamilton contexl).. 3 the advancemenl of the arts, heritage and Cul￿re., and 4 the prevention ¢y relieve ￿￿)Verty Ilhrough programmes including employabilty). Achlev•ments and perfommnce Tho tharity re￿ived a grant of £721 from Souv) Lanark3hire Council to support Hamibn E85ter Gala. These funds were lo fvnd free entertainment and comrnunty thtlie5 al the &51er Gala via HanN￿n 8id. 8 company under the control of the same directors. wlx) were organi5ing the event. Flnanclal revlew A grant of £721 was weived during the year. Thg tru5tegs' annual report was appn)ved on 18 July 2025 and signed on ￿ehalf of the board of Jslees by.. Hamilton Business in the Community Independent Examinerfs Report to the Trustees of Hamllton Buslness In tha Community Year ended 28 FebNary 2025 rewrt on the ffr)an¢i31 stslements for the year end&J 28 February 2025, whith ￿mPriSe the slalement of financial activities, statement of financial postbon and related note5. Respective responsibilities ol trustees and examiner The charity's trustees are responsible for Ihè preparation of the ￿niS in aLxordance with the terms of the Charities and Trustee Investment {Scottand) Act 2005 arml the Charities Aw)unts (Scollandl Regulats'ons 2LK6. The charity tnjstees eonsider that the audit requirem8nt of Regulatk)n 1011)la) to (¢) of the 2006 Accounts Regulatiors does tw)1 apply. It is my responsibility to examine the accounts a$ requiied under section 44(1)(c) of the and to stste whether parn"cular matters have come lo my attenlbn. Basls of Independent examlnerfs report My examination 18 carri&J out in ￿lJrdanCe Reguialion 11 of the 20¢￿ A£counls Regulations. An examination includes a review of the ￿x¥Unting [￿OrdS kept by the charity aThJ a comparison of the accounts present￿ with those records. It also include5 consideratTrc)n of any unusual itams or dis¢losures in the accounts, and seeks explanatp)ns from the trustees conceming any such matters. The prc¢edures undertaken do not provide all the evidence that would be requir&1 in an audit and nsequenlly I do not express an audit opinhm on the view giv￿ by the a￿aunts. Independent examinerfs statthiont In connection wtth my exarnination, no matter has o)me to rny attenUan'. (11 which gives me reasonablg caus8 lo believe that in any material respect the requirements= lo ke8p a￿aunting records in atxordance wilh sectbon 44(1){ai of the 2005 Act and RaguklKsn 4 of thè 2006 Accounts Regulations, and to prepare a(￿o￿nts which ￿￿rj vAth lh8 ac>*unting re￿rdS and o)mpty with ReguLqtion 8 of the 20[￿ AccE)unts Regulati￿$ have not been mel. or (2) ID which, in my o￿nion, attenl'on should be drawn in order to on￿e a proper understanding of the accounts lo be reached. Parlner, Nelson Gilmour Smith Mercantile Chambers 53 Bothwell Street Glasg04Y G2 6TB lil Hamilton Business in the Community Statement of Flnanclal Activitios Yearended 28 February 2025 2025 Unrestrthd Restricted funds fvnds Total funds Total hjnds 2024 N4)to Income and endowments Donations and legacies Total incomo 721 721 721 721 721 721 Expendlture Expenditure on charitable activities Other expenditure Totsl exp8ndlture 721 721 921 721 722 921 Net expend1￿￿ {1) {1) I2￿} Reconclllatlon of funds Total fvnds brought foThvard Total funds carrled forward 71 71 271 70 70 71 The notes on pagts 6 to 9 forni part of these financial statements. Hamllton Buslness In the Community Slatement of Financial Position 28 February 2025 2025 2024 Currpnt assets Cash at bank and in han 70 71 Net current a88ets 70 71 Total assets lass currnnt IlabllFUes 70 71 Fund$ ofthe charfty Unreslricled fvnds 70 71 Total charlty fund8 10 70 71 These financkql 81alements ware approved ty the L￿ard of trustees and authOriS￿ fr)r issue 16 July 2025, and ar8 srgn8d on behalf of Ihè board by: The notes on pages 6 to 9 forni part of thésè financial slatèmgnts. Hamilton Business in the Community Notes to the Financlal Statements Yearended 28 February 2025 General Informatlon The charity is a public benefit entity and a registered charity in Scodand and is unincorporatsd. The sddress of the priwpal Offi￿ rs Brandongate, 1 Leechke Road. Hamilton, ML3 OLB. statgment of compllance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of Recomrnended Practice appluble to chaiities preparing their &(x)unts in accordance with the Financial Reporbng Standard applicabie in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 102}l and the Charitses and Trustee Investn*nt {S¢olland) Act 2005 and the Charity Accounts ISGOtland) Regulations 20C6 (as amended). Accountlng pollclos Basis of preparafion The financial statements have been prepared on the histortcal cost basis, as n￿dified by the revaluation of certain finanual assets and lla1￿1111eS and investment properties measured al fair value Ihrough in¢ome or expw)diture. The financial Sts1en￿tS are prepared in sterling. which is the fijnctional currency of the entity. Golng concem There are no material un￿rtainlieS about the tharity's abilty to continue. Disclosure exemptlons (a) No cash flow statement has been presented for the company. Ib) Disclosures in respect of financkql instruments have not been p￿Sented. stalement of Ilnanclal actlvltles Judgements and key source5 of esllmatlon un¢¢rtainty Tre preparation of the finanoal statements requires managemeTrt to wrake judgements. estimates and assumptions that affect the amounts reported. These esb'mates and judgements are conlinualty reviewed and are b8se(l on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted fLJnds a￿ available for use at the discretion of the trustees to lurther ary of the charity's purposes. Designated fvnds are unrestricted fvnds eannarked by the trustees for particular futurè project or commitment. Restricted funds are subjected to restricbons on fhar expendi￿re d￿re￿ by the donor or through the terms of an appeal, and fall into one of two sub