CHARITY REGISTRATION NUMBER: SC050539
Docks and Piers Trust
Unaudited Financial Statements
For the year ended
31 March 2025
I.A.STEWART & CO
Chartered accountants
The Mechanlcs Workshop
New Lanark
ML119DB

Docks and Piers Trust
Financial Statements
Year ended 31 March 2025
Paga
Trustees, annual report
Independent examiner's report to the Trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
13
Notes to the detailed statement of financial activities
14

Docks and Plers Trust
Trustees, Annual Report
Year ended 31 March 2025
Th8 Truste88 present thelr report and the unaudited financial statements of the charity for the year
8nded 31 March 2025.
Referon¢o and administrative detai18
Reglstered charSty name
Docks &r]d Piers Trust
Charlty reglstratlon number
SC050539
Prfnclpal office
The M8chanlcs Workshop
New Lanark
ML119DB
Tho Tru8te08
(Resigned 31 October 2024)
(Resigned 20 January 2025)
(Resigned 15 October 2024)
Independont 8xamlnar
Stephen B811 Member of the Institute of Chartered Accountants of
Scotl8nd
The Mechanlcs Workshop
New Lanark
ML11 gDB
Structure, governance and management
Docks and Piers Trust is a Scottish Charitable Incorporated Organisatlon {SCIQ) and was creat8d by
the Gotllpletion of its constitutlon on 23rd October 2020.
Recrultment and appolntment of trustees
The trustees have the power to appoinl any person to be a tru8tee either to fill a casual vacancy or as
an addition to the existing trustees. The permanent appointment of new trustees must be ratified by the
voting members in general meeting. New Irustees who are invited to join aro provlded with appropriate
guidance in relation lo their respon8ibil(ties.
Risk management
The trustees have Standard Operating Procedures and Rlsk Assessments for onslte actlvltles. Th8r618
flnancial ri8k in ensuring the charity has sufficient funds to contlnue In oper8ts'on. The trust&es h8V8
budgets in place lo minimise this risk and have strict pr￿edural policies to ensure adli&renc8 to the
operating budgel. Th6se aloTig with other proGedural ar)d management policies are reviewed on an
ongoing basls.

Docks and Piers Trust
Trustees. Annual Report (contlnu#d)
Year ended 31 March 2025
Objectives and activitias
The organisation's purposes ar8.,
To advance the arls, heritage, culture or science by acqulrlng andlor leasing historic docks
and piers on the River Clyde and Firth of Clyde (or elsewhere, as appropriate).
To preserve these histciric docks and plers, and improve them so that Ihey can be returned to
an operational condition.
To facilitate access for the public to experience the heritage docks and piers and their
historical significance.
Achlevements and performance
The trust was dormant during the year wlth no activity taking plac8. Th8 board of trustees look to
continue the process of re-commissionlng one of the dry dock8 as an operational dry dock post ysar
end.
Flnancial rèview
Total donations amounted to Pnil for the year {2024- £9)
Total oxpenditurg was £3,872 (2024 - £nil). The movement Sn funds for the year to 31 March 2025 was
£3,872.
R¢serves
The trustees pollcy is lo relain three months of normal running costs as reserves to meet ongoing
commltments and unexpected expenditure. Funds rais@d for specific purposes will be expended on that
purpose.
Plan8 for fulure periods
The charity plans to continue working towards the objectives noted above.

Docks and Plers Trust
Trustees. Annual Report (Gon¢inuod)
Year ended 31 March 2025
Plan8 for future parlod8 (Gonllnuod)
TrustO98' rgsponslbllltl08 8tat8m•nt
The truslees are responsible for preparing the trustges, report and the financial statements in
accordance with applicable14vrf and United Kingdom Account5ng Standards (Untted Kingdom Generally
Accepted Accounting Practice).
The law appllcabte to charities In Scotland requires the Gharlty twstees to pr8pare financial statements
for each year which give a true and falr view of the state of affairs of the charity and of th8 incom8 and
expenditure of the charlty for Ihat perlod.
In preparing these financial statements. the trustees are requlred to..
select suitable accounting policies and then apply them consistently.,
observe Ihe metrods and principles in the applicable Charities SORP;
make judgments and accountlng estimates that ar8 reasonabl8 and prudent.
stste whether appllcable UK Accounting Standards havo bgen followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the golng concem basis unless it Is inapproprlate to presume
that the charity wlll continue In business.
The trustees are responsible for keeping adequate accounting records that are sufficlent to show and
explain the charity's Iransactions and disclose with reasonable accuracy at any tlme the flnanclal
position of the charlty and enable them to ensure that the financial staternents complywlth the Charltles
and Trustees Investments (Scolland) Act 2005, the Charity Accounts {Scotland) Regulatlons 2006, and
the provlslons of Lhe Trust Deed,
They are also responsible for safeguarding the assets of the charity and hence for ta￿llg reasonable
steps for the prevention and detection of fraud and other irregularili8S.
The Trustees, annual report was approved on 22 December 2026 and signed on behalf of th8 board of
tNstees by-
Trustee

Docks and Piers Trust
Independent Examiner's Report to the Trustees of Docks and Piers Trust
Year ended 31 March 2025
I reporl to ihe Trustees on my 8xamination of the financial statements of Docks and Pier8 Trust ('the
charity,) for lh8 year ended 31 March 2025,
Re8pon8ibiliti88 and basi8 of report
As the Irust8es of the charlty you are responsible for thg prgparatlon of th@ flnancial statements in
accordance wlth the r8qulrements of thg Charities and Truste8 Investment (Scotland) Act 2005 (the
'2005 Act,) and the Charities Account5 (Scotland) Regulations 2006 (as amended). You are satisfied
that your oh8rity is not required by charity law to be audited and have chosen instead to have an
Independent examlnation.
I report in respect of my examination of the charity's financial statements as carried otrt under sectlon
44(1)(c) of the 2005 Act. In carrying otrt my examination I have followed the requirements of Regulatlon
11 of the Charities Acrx)unts (Scotland> Regulations 2006 (as amended). To the fullest extent permitted
by law, I do not accept or assume responsibility to anyone other than the charity and the charity's
members as a body, for my work, for this report, or for the opinions I have formed
Indapandant oxaminer's statement
Since the charity has prepared Its accounts on an accruals basss your exarnSner must be a member of
a body listed In Regulation 11 (2) of the Charities AGGounts (Scotland) Regulations 2006 (as amended).
I can confirrn that l am qualified to undertake the examination because l arn a registered member of
ICAS which is one of the listed bodies.
I have Gompleted my examination. I collfiTm Ihat no matters have come to my attention giving me Gause
to believe that in any material re8pect-.
accounting r8cDrds wer8 nol kept as requirad by section 44{1){a) ol the 2005 AGt and
Regulation 4 of the Charities Accounts (Scotland) Regulalj'ons 2006 (as amended); or
the financial statements do not accord with those records. or
the financlal statements do not comply with the accounting requirements of Regulation 8 of
the Chariti&s A¢count8 {Scotland) Regulations 2006 (as amended)
I have no concerns and have come across no other rnatters in connection with the examination to which
attention should be drawn in thi8 report in order to enable a proper understanding of the account8 to be
reached.
Independent Examiner
22 December 2025

Docks and Piers Trust
Statement of Financial Activities
Year ended 31 March 2025
2025
Unrestricted
funds Total funds Total funds
2024
Note
Income and endowments
Donations and legacies
Total incom6
Expendlture
Project costs and Admin
3,872
3,872
Total expendlture
3,872
3,872
Net (expenditure)lincom8 and net movom8nt in funds
(3,872)
(3,8721
Roconciliation of fund8
Total fund8 broughl forward
Total funds carried forward
11,974
11,974
8,102
11.965
8,102
11,974
The statement of flnanclal activities includes all gains and losses recognised In the year.
All Income and expenditure derlve from continuing activilies.
Tho not08 on pag88 7 to 11 forni part of th080 flnanclal statomenls.

Docks and Piers Trust
Statement of Financial Position
31 March 2025
2025
2024
Note
Fixod a880t8
Tangible fixed 888et8
50,000
50,000
Current a8S8ts
Debtor8
Cash at bank and in hand
7,200
1,974
1,310
1,310
9,174
Creditors: amounts falllng due wlthln one year
Net Current Ilabllltles
10
43,208
47,200
38,026
41,898
Total as8Sts lass currént Ilabllltlas
8,102
11.974
Funds of th8 charity
UnrestriGted funds
8,102
11,974
Total charlty funds
11
8,102
11,974
These financial statemerrls were approved by the board of trustees and authori8ed for Issue on 22
December 2025. and are signed on behalf of the board by..
rusteg
Tho nots8 on p8ge8 7 to 11 ￿rnI part ofthe8& financial ststgmfjnts,

Docks and Piers Trust
Notes to the Flnanclal Statements
Year ended 31 March 2025
General information
The charity is a publio benefit entity and a re9lStered charlty in Scotland and is unincorporatgd.
The addres8 of the principal office is The Mechanics Workshop, N8w Lanark, Lanark, ML119DB.
Statement of Gompliance
These flnanclal statements have been prepared In compllance with FRS 102, 'The Flnan¢ial
Reporting Standard app15cable In the UK and the Republic of Ireland,, Ihe Statement of
Recommended Practice applicable to charities preparlng their accounts in ac¢ord8nce with the
Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity
Accounts {Scotland) Regulations 2006 (as amended).
Accountlng pollcles
Basis of preparation
The charity meets the definition of a public b8nefit entity in lerms of FRS102.
The financial statements have been prepared on the histc)rical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng con¢om
There are no material uncertainties about the charity's ablllty to contlnue.
Judgements and key sources of estimation uncertainly
The preparation of the financial statements requires management to make judgements, 8Stimates
and assumptions that affgct the amounts reported. These estimates and judgements are
continually reviewed and are based on experien￿ and other factors, including expectations of
future ev8llts that are b81i8ved to be reasonabla under th8 circumstances.
The trustees are of the opinion that there are no matters of significant judgements, estimates or
assumptions that hav& a slgnlficant risk of causing a material adjustment to the carrying amounts
of assets and Ilabllities in the next financial y8ar. pgctations of futijre events that are belleved to
be reasonable under the circumstanc88.
Income tax
Docks and Piers Trust is a recognised charity for the purposes of applicable taxatlon legislatlon
and Is therefore not subject to taxation on its charltable activites.

Docks and Piers Trust
Notes to the Flnanclal Statements (continued)
Year ended 31 March 2025
Accounting policies (Gontlnugdj
Fund accountlng
Funds aro classified as either restricted funds or unrestrlcted funds. defined as follows.
Restricled funds are funds subject to specific requirements as to thelr use vwhich may be declared
by the donor or with their authority or created through leg81 processes, but Still wilhin the wider
objects of the charity,
Unrestricted funds are expendable at the dlscretion of the trustees in furtherance of Ihe objecls of
the charity. If parts of the unrestrlcted funds ar8 earmarked at the discretion of the trustee8 for 8
partlcular purpose, they are designated as a separate fund. Thls designation has an
administrative purpose only and does not lègally restrict the trustees, discretion to apply the fund.
Income
All income, including donations of goods and services is included in the statement of financlal
activities when th8 charily is entitled to the income, any p8rformancg related conditions attaohed
hav8 b@8n met or are fully within the control of the charity, the income is considered probable and
the amount can be quantified with reasonable aGGuracy. The following specific policies are applled
to particular cat8gories of income..
Donations and legacy income is rgcgived by way of donatlon5, legacles, grants and gifts and
is included in full in the statemgnt of finanGial activitles when receivable, Vvhere legacies have
be8n notified to the charity but the Griteria for incDme recDgnition have not been met, the legacy
is treated as a conting8nt asset and ctisclosgd if material. Grants, where entitlement is not
conditional on the delivery of a spgcrfiG P6rformance by the charlly, are recognised when the
charity becomes unconditionally entitled to the grant.
Donated facilities and 8ervlces are recognised In the accounts when received If the value can
be reliably measured. No amounts are included for the contribution of general volunteers.
Income from charitable trading acttvity is accounled for when earned.
Income from grants, where related to performance and specific deliv8rable, are accounted for
as the charity earns the right to conslderation by its performance.
Expenditure
Expenditure is recognised on an awruals basis as a liability 18 incurred,.
Costs of raising funds comprise the costs associated with attracting donations, grants and
legacies and the costs of trading for fundralslng purposes.
Charltable èxpgnditure comprises those costs inourred by Ihe charity in the delivery of its
activities and services for its beneficiaries. 11 includes bcth costs that Gan be allocaled dlrectly
ID suoh activllles and those cosls of an indirect nature necessary to support them.
Other expenditure includes all expenditure that is nelther r61ated to raising funds for the charity
nor part of its expendlture on charitable activities.
Tangible assets
Tangible a8s8ts are initially recorded at cost,

Docks and Piers Trust
Notes to the Flnanclal Statements (continued)
Year ended 31 March 2025
Accounting poliGies (contlnued)
Impalrmant of flxed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amDunt being estimat8d where such indicators exist. Where the carrying value exceeds the
recoverabl8 amount, the asset is impaired accordlngly, Prlor impairments are also reviewed for
posslble reversal at each reporting date,
For the purposes of impairment testlng, when It is not possible to estimate the r8coverabl8 amount
of an individual asset, an estlmate Is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallèst identifiable group of assgts
that includes the asset and generates cash inflows that largely independent of the c2sh inflows
from other assets or groups of assets.
For impairment testing of goodwill, the good￿11 acqulred in a bu8iness combination is, from the
acquisition dale, allocaled to each of the cash-generating units that are expected to ben8fit from
the synergies of the combination, irrespective of whether other assets cr liabilities of the charity
are assigned to those units,
Financial instrum6nts
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at the amount receivable or
payable. including any related transaction costs, and subsequently measured at their settlement
value.
Donations and legaci88
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Donatlons
Donations
Administration costs
Unrestricted Total Funds Unrestricled Total Funds
Funds
2025
Funds
2024
Administration costs
Project costs
664
3,208
3,208
3,872
3,872
staff costs
The average head counl of employees during the year was Nil <2024: Nil).
No employee recelved employee beneflts of more than £60,000 during the year (2024: Nil).

Docks and Piers Trust
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2025
Trustee remuneration and expenses
The trustees dld not recelve any remuneration or expenses during th8 year.
Tanglble flxed assets
Plant and
machlnary
Cost
At 1 April 2024 and 31 March 2025
Depreclatlon
At 1 April 2024 and 31 March 2025
Carrylng amount
At 31 March 2025
50,000
50,000
50,OOD
At 31 March 2024
Dgbtor8
2025
2024
Olher debtors
7,200
10. Credltors: amounts falllng due wlthln one year
2025
2024
Loan Frlends Of TS Queen Mary
Other Loans
Other credllors
7,200
40,000
40,000
3,208
43,208
47,200
11. Analy818 of charltable funds
Unrestrlcted funds
At
31 Maroh 20
25
At
1 Aprl12024
Income Expenditure
General funds
11,974
{3,872>
8,102
At
31 March 20
24
At
1 April 2023
Income Expenditure
General funds
11,965
11,974
10

Docks and Piers Trust
Notes to the Financial Statem8ntS {continued)
Year anded 31 March 2025
12. Analysls of net assets between funds
Unrestricted Total Funds
Funds
2025
Tanglble fixed assets
Current assets
Credltors less than 1 year
Net assets
50,000
1,310
{43,208}
8,102
50,000
1,310
{43,208)
8,102
Unr6strict&d Total Funds
Funds
2024
Tangible fix@d assets
Current assets
Creditors less than 1 year
Net assets
50,000
9,174
(47,200)
11,974
50,000
9,174
(47,200)
11,974

Docks and Piers Trust
Management Informatlon
Year ended 31 March 2025
The following pages do not form part of th8 financlal statements.
12

Docks and Piers Trust
Detailed Stat8m8nt of Financial Activitles
Year ended 31 March 2025
2025
2024
Income and endowm8nts
Donations and18gacies
Donation5
Total income
Expendlture
Repairs and maintenance
Legal and professional fees
Bank charges
3,208
663
3,872
Total exp8nditur•
3,872
N8t (8xpenditure)lincom6
(3,872)
13

Docks and Piers Trust
Notes to the Detalled Statement of Flnancial Activities
Year ended 31 March 2025
2025
2024
Adminlstratlon costs
Legal and professional fees
Bank charges
663
664
Projoct costs
Repairs & maintenanc8
3,208
Total
3,872
14