Auchengeich Miners Welfare Society and Social Club Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Page 1

Page 2

Balance Sheet

As At 31 January 2026

Balance Sheet

Registered number: SC218856

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		242,770		245,856

			242,770		245,856
CURRENT ASSETS
Stocks		11,568		11,498
Debtors		4,196		4,314
Cash at bank and in hand		6,826		2,020

		22,590		17,832
Creditors: Amounts Falling Due Within One Year	5	(39,567 )		(26,532 )

NET CURRENT ASSETS (LIABILITIES)			(16,977 )		(8,700 )

TOTAL ASSETS LESS CURRENT LIABILITIES			225,793		237,156

Creditors: Amounts Falling Due After More Than One Year	6		(10,077 )		(16,811 )

NET ASSETS			215,716		220,345

CAPITAL AND RESERVES
Revaluation reserve	8		200,000		200,000
Other reserves			184,729		184,729
Profit and Loss Account			(169,013 )		(164,384 )

SHAREHOLDERS' FUNDS			215,716		220,345

Page 2

Page 3

Auchengeich Miners Welfare Society and Social Club Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Lowe

Director

24/08/2026

The notes on pages 4 to 6 form part of these financial statements.

Page 3

Page 4

Auchengeich Miners Welfare Society and Social Club Limited

Notes to the Financial Statements

For The Year Ended 31 January 2026

Notes to the Financial Statements

1. General Information

Auchengeich Miners Welfare Society and Social Club Limited Registered number SC218856 is a limited by Guarantee company incorporated in Scotland. The Registered Office is Gartferry Road, Bridgend, Moodiesburn, Glasgow, G69 0JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention as modified by the revaluation of certain assets and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover represents net invoiced sales of goods, net of Value Added Tax and trade discounts, and other sundry income generated from normal trading associated with such a members Club.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not provided
Fixtures & Fittings	10% on reducing balance basis

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2025: 12)

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 February 2025	215,000	217,293	432,293

As at 31 January 2026	215,000	217,293	432,293

Depreciation
As at 1 February 2025	-	186,437	186,437
Provided during the period	-	3,086	3,086

As at 31 January 2026	-	189,523	189,523

...CONTINUED

Page 4

Page 5

Auchengeich Miners Welfare Society and Social Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	215,000	27,770	242,770

As at 1 February 2025	215,000	30,856	245,856

Included in cost or valuation of land and buildings is freehold land of £15,000 (2025 - £15,000) which is not depreciated.

If freehold land and buildings had not been revalued they would have been included at historical cost of £15,000 (2025 - £15,000).

Freehold land and buildings were valued on an open market basis on 31 January 2005 by the directors.

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	10,153	3,769
Bank loans and overdrafts	6,221	6,221
Other loans	17,500	11,200
PAYE and NI	141	57
VAT	1,473	2,197
Machine Games Duty	93	-
Bank loan	822	1,000
Accrued charges	3,164	2,088

	39,567	26,532

The loan from Belhaven Brewers is secured by way of a Bond and Floating Charge over the whole of the assets of the Club and a Standard Security over the clubs premises, land and buildings.

The sundry loan relates to a loan from a club member, which loan has no fixed terms of repayment and is interest free.

The bank loan was obtained from Royal Bank of Scotland Plc in terms of the Bounce Back Loan Scheme and is in accordance with the terms thereof.

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Brewers loan (Long term liabilities - creditors > 1 year)	10,077	15,989
Bank loans	-	822

	10,077	16,811

Amounts falling due in more than five years:

Repayable by instalments - Brewers loan £nil (2025 - £nil)

The loan from Belhaven Brewers is secured by way of a Bond and Floating Charge over the whole of the assets of the Club and a Standard Security over the clubs premises, land and buildings.

The bank loan was obtained from Royal Bank of Scotland Plc in terms of the Bounce Back Loan Scheme and is in accordance with the terms thereof.

7. Deferred Taxation

No provision for deferred taxation has been provided for in the financial statements.

Page 5

Page 6

Auchengeich Miners Welfare Society and Social Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Reserves

	Revaluation reserve	Other reserves	Profit and Loss Account
	£	£	£
As at 1 February 2025	200,000	184,729	(164,384 )
Loss for the year and total comprehensive income	-	-	(4,629 )

As at 31 January 2026	200,000	184,729	(169,013 )

Page 6

Directors	Mr D Taylor
	Mr J Lowe
	Mrs Jane Gray

Secretary	Mr D Taylor

Company Number	SC218856

Registered Office	Gartferry Road
	Bridgend
	Moodiesburn
	Glasgow
	G69 0JN

Business	Gartferry Road
	Bridgend
	Moodiesburn
	Glasgow
	G69 0JN

Accountants	Calculus Accountants (Scotland) Ltd
	10 Avonhead Road
	Condorrat
	Glasgow
	G67 4RA