NATIONAL MINING MUSEUM SCOTLAND TRUST

• ⚠

  Material uncertainty over going concern

  The accounts state that 'material uncertainty exists which may cast doubt on the charity's ability to continue as a going concern.' The Scottish Government intends to provide grant uplifts from 2025/26, but these are not guaranteed. The Trustees have prepared the financial statements on a going concern basis, but the auditor notes the material uncertainty.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +36%

  £42,834 → £58,270

• Cash

  +72.3%

  £339,629 → £585,202

• Net assets

  +20%

  £1,021,313 → £1,225,543

• Employees

  -7.1%

  28 → 26

• Profit before tax

  +196.2%

  -£199,624 → £192,018

• Wages

  +1.7%

  £494,950 → £503,413

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. NATIONAL MINING MUSEUM SCOTLAND TRUST 2012-05-28 → present
2. THE SCOTTISH MINING MUSEUM TRUST 1984-06-07 → 2012-05-28

Accounting basis

FRS 102

Auditor

Saint & Co

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The accounts state that 'material uncertainty exists which may cast doubt on the charity's ability to continue as a going concern.' The Scottish Government intends to provide grant uplifts from 2025/26, but these are not guaranteed. The Trustees have prepared the financial statements on a going concern basis, but the auditor notes the material uncertainty.”

Significant events

• “CEO returned on a phased basis in late 2024 and resumed full duties in March 2025.”
• “Appointment of Development Officer and Project Officer funded by National Lottery Heritage Fund.”
• “Accreditation as an Autism Friendly venue and delivery of events like Polish Heritage Day and 1984-85 Miners' Strike anniversary programme.”
• “Departure of previous Curator in Oct 2024 and appointment of new Curator in Jan 2025.”
• “Scottish Government confirmed intent to provide core annual grant uplift of £100k per annum from 2025/26.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.