REGISTERED COMPANY NUMBER: SC231799 (Scotland) REGISTERED CHARITY NUMBER: SC033136
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2025
FOR
HILLWOOD COMMUNITY TRUST
Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF
HILLWOOD COMMUNITY TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MAY 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 18 |
| Detailed Statement of Financial Activities | 19 | to | 20 |
HILLWOOD COMMUNITY TRUST
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 MAY 2025
| TRUSTEES | David Bannerman |
|---|---|
| Peter Bauld | |
| Stephen Brooks | |
| Helen Corcoran (resigned 5/9/2024) | |
| Stephen Culbertson | |
| Craig George Morrison (resigned 24/2/2025) | |
| William Smith | |
| Deborah Gallacher (appointed 30/1/2025) | |
| Stuart Mochrie (appointed 30/1/2025) | |
| Christopher Ambrose Moore (appointed 23/3/2025) | |
| Mark Super (appointed 31/1/2025) (resigned 23/12/2025) | |
| COMPANY SECRETARY | Stephen Brooks |
| REGISTERED OFFICE | c/o 143 Ravenscraig Drive |
| Glasgow | |
| G53 6QB | |
| REGISTERED COMPANY | SC231799 (Scotland) |
| NUMBER | |
| REGISTERED CHARITY | SC033136 |
| NUMBER | |
| INDEPENDENT EXAMINER | Azets Audit Services |
| Chartered Accountant | |
| Titanium 1 | |
| King's Inch Place | |
| Renfrew | |
| Glasgow | |
| PA4 8WF | |
| BANKERS | Bank of Scotland |
| Cowglen Road | |
| Glasgow | |
| G53 6EW |
Page 1
HILLWOOD COMMUNITY TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 MAY 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal objective of the charity is to provide community and sports facilities within the Greater Pollok area of Glasgow ("the operating area") to be used for recreation and other leisure time occupation and available to the public at large with a view to improving the quality of life of local residents and contribute towards issues of social justice.
Achievements and performance
The synthetic pitch and now the Community Hub are very popular and extremely well frequented community facility both by Hillwood Football Club and other local football teams ranging from 4 years old to adults, including both male and female teams. The charity is very encouraged by the support from both the local police and other organisations who make use of the pitch and the hub as a community facility. Good progress has been made over the last year to increase participation and involvement by the community within the Greater Pollok area with a total of 1,926 users.
Hillwood Community Trust has identified partnership working as a key strength, working with a range of local organisations and agencies to foster and build relationships working collaboratively to deliver strong outcomes within the local community of Greater Pollok.
In addition, Hillwood Community Trust delivered a successful free to access activity summer camp where all children were provided with free meals/snacks and refreshments for over 80 children in the Priesthill area with funding support from the NHS Health Improvement Team and Sanctuary Housing. The aim of the camp was to promote sport and activity with educational input from the health improvement team offering advice on nutrition.
The summer camp has also been an opportunity for the project to build rapport with the parents and the children attending the summer camp, offering guidance and signposting to any challenging circumstances they may be facing. With the current cost of living crisis, the project was able in partnership with East End Food Bank to provide parcels for families in need. The project also offered signposting to expert energy advice and employability support in the area. Lastly, it was a further opportunity to highlight the vision for the Trust and how the project can support the local community to improve their own circumstances, creating a shared vision and ownership for the project.
FINANCIAL REVIEW
Financial position
The charitable company incurred a surplus on unrestricted funds for the year of £39,377 (2024: £23,653).
The Trustees transferred £10,000 to the designated fund this year (2024: £10,000). The charitable company's unrestricted funds at 30 May 2025 amounted to £80,327 (2024: £50,950).
The balance on the charitable company's designated fund for a new 4G pitch at 30 May 2025 amounted to £60,000 (2024: £50,000).
The charitable company recorded a surplus on restricted funds of £95,140 (2024: £732,887).
The charitable company had restricted funds at 30 May 2025 of £1,165,377 (2024: £1,070,237).
The charitable company had total funds at 30 May 2025 of £1,305,704 (2024: £1,171,187).
Investment policy and objectives
The trustees have the power to invest any funds which are not immediately required for the activities of the company in such investments as may be considered appropriate, which may be held in the name of a nominee company under the instructions of the directors, and to vary and dispose of such investments.
Page 2
HILLWOOD COMMUNITY TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 MAY 2025
FINANCIAL REVIEW
Reserves policy
It is the policy of the charity to try and maintain funds, not committed or invested in tangible fixed assets, at a level that equates to six months of the basic resources expended. At this level the board feel that they would have time to take the necessary action in the event of a sudden significant drop in income.
FUTURE PLANS
The Trustees continue to look at maximising the capacity of the synthetic and grass pitch facilities as this will further enhance the opportunity to work in partnership with a number of statutory and third sector organisations. In particular focusing on an increased collaborative approach with the local primary and secondary schools in the area with the aim of increasing the use of the facility.
The aim of the Trust is to build upon the success of the free to access summer camps, with the intention of the Trust to increase the capacity and introduce activity camps during the Easter and October school holidays. A key component to ensure the success of the Trust and continued ambition is partnership working. The Trust will ensure we maintain, foster and develop new relationships within the Greater Pollok area, ensuring the long-term success of the Trust as we continue to be successfully embedded in the local area.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Hillwood Community Trust is a charitable company limited by guarantee and a Scottish charity registered with the Office of the Scottish Regulator (OSCR).
The charity was incorporated on 21 May 2002 and is governed by its Memorandum and Articles of Association.
Management
The charity is controlled by the Trustees, who are also directors under company law.
Recruitment and appointment of new trustees
The minimum number of elected directors shall be 5 and the maximum number 12, unless a special resolution is passed to increase the maximum number of directors.
As set out in the Articles of Association one-third of the elected directors shall retire at each AGM.
The elected-directors may also appoint individuals of suitable skills and experience as co-opted directors. Co-opted directors may be appointed and removed at the discretion of the elected directors at any time.
No individual may become a member unless that individual has submitted a written application in the form prescribed by the directors and the directors have approved the application.
A minimum of 3 directors meet on a quarterly basis to administer the business of the charity.
Induction and training of new trustees
New directors are briefed on their legal obligations under charity and company law and are informed about the content of the Memorandum and Articles of Association, the decision making processes and recent financial performance of the charity and they also meet the other directors.
Related parties and co-operation with other organisations
Any connection between a director or senior manager and a supplier of goods or services must be disclosed to the board of directors in the same way as any other contractual relationship with a related party.
The charity works in close co-operation with Hillwood Football Club (HFC) and further information is disclosed in Note 19.
Page 3
HILLWOOD COMMUNITY TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 MAY 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The directors have a risk management strategy that comprises:
-
an annual review of the principal risks and uncertainties that the charity faces;
-
the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; the implementation of procedures designed to minimise or manage any potential impact on the charity should
-
o those risks materialise
Volunteers
Many volunteers/directors give up their free time to help the charity, particularly at the weekends and in the evenings. We are greatly indebted to these volunteers for their commitment and support and without these dedicated individuals the charity would not be able to carry out its fantastic work.
28.05.2026
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
William Smith - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HILLWOOD COMMUNITY TRUST
I report on the accounts for the year ended 30 May 2025 set out on pages six to eighteen.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report
My examination was 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 charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) 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 to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
William Vernall BA CA The Institute of Chartered Accountants of Scotland
Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF
Date: 28/5/2026
Page 5
HILLWOOD COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 MAY 2025
| Notes INCOME AND ENDOWMENTS FROM Charitable activities 4 Operation of Hillwood Community Trust Other trading activities 2 Investment income 3 Other income Total EXPENDITURE ON Charitable activities 5 Operation of Hillwood Community Trust NET INCOME Transfers between funds 17 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 33,627 69,722 1,249 2,147 106,745 67,368 39,377 (10,000) 29,377 50,950 80,327 |
Designated £ - - - - - - - 10,000 10,000 50,000 60,000 |
Restricted funds £ 179,550 - - - 179,550 84,410 95,140 - 95,140 1,070,237 1,165,377 |
2025 Total funds £ 213,177 69,722 1,249 2,147 286,295 151,778 134,517 - 134,517 1,171,187 1,305,704 |
2024 Total funds £ 790,977 46,305 1,611 3,758 842,651 86,111 756,540 - 756,540 414,647 1,171,187 |
|---|---|---|---|---|---|
The notes form part of these financial statements
Page 6
HILLWOOD COMMUNITY TRUST
BALANCE SHEET 30 MAY 2025
| Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 17 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 £ 1,169,339 8,116 144,014 152,130 (15,765) 136,365 1,305,704 1,305,704 140,327 1,165,377 1,305,704 |
2024 £ 1,188,051 74,459 90,822 165,281 (182,145) (16,864) 1,171,187 1,171,187 100,950 1,070,237 1,171,187 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 28.05.2026
............................................. William Smith - Trustee
The notes form part of these financial statements
Page 7
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MAY 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Changing facilities - 10% on cost Community Sports Facility - 4% on cost Pitch Carpet & Security Fence - 10% on cost Clubhouse Construction - 3% on cost Plant and machinery - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
continued...
Page 8
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
| 2. OTHER TRADING ACTIVITIES 2025 £ Social lotteries 12,921 Sports lettings 56,801 69,722 3. INVESTMENT INCOME 2025 £ Bank interest received 1,249 4. INCOME FROM CHARITABLE ACTIVITIES 2025 Operation of Hillwood Community Trust £ Glasgow City Council 24,315 Sanctuary 4,417 Scottish Football Association 75,000 The Greater Pollok Barratt CDT - General Manager 18,882 Woodward Trust - Robertson Trust - The Clothworkers' Foundation - Glasgow City Council - Place Fund - Lottery Sport Scotland 11,353 Glasgow City Council - Area Partnership 6,720 Glasgow City Council - ENV2 - The Greater Pollock Barratt CDT - Project - Scottish Football Partnership Trust 50,000 Easter fund 990 National Lottery 20,000 Care Foundation 1,500 213,177 |
2024 £ - 46,305 46,305 2024 £ 1,611 2024 Total activities £ - 1,000 75,000 22,406 750 25,000 55,000 129,285 138,647 9,055 49,834 285,000 - - - - 790,977 |
|---|---|
continued...
Page 9
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
5. CHARITABLE ACTIVITIES COSTS
| Operation of Hillwood Community Trust 6. DIRECT COSTS OF CHARITABLE ACTIVITIES Football pitch maintenance Ground rent Water Cleaning Repairs & renewals Software & IT Advertising and marketing Electricity costs Insurance Miscellaneous Telephone Summer camp Depreciation Legal and professional fees Equipment hire Postage & stationery Easter sessions Garden club 7. SUPPORT COSTS Human Management resources £ £ Operation of Hillwood Community Trust 2,535 38,718 |
Direct Support Costs (see costs (see note 6) note 7) £ £ 101,921 49,857 2025 £ 8,023 1,750 (682) 634 6,756 636 1,884 7,236 2,804 8,155 270 988 60,460 285 - 207 975 1,540 101,921 Governance Other costs £ £ 3,004 5,600 |
Totals £ 151,778 2024 £ 5,646 1,750 311 389 - 372 320 8,507 1,737 457 160 1,000 33,057 810 1,963 38 - - 56,517 Totals £ 49,857 |
|---|---|---|
continued...
Page 10
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
7. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|Operation|
|of|
|Hillwood|
|Community|Total|
|Trust|activities|
|£|£|
|Bookkeeping and payroll fees|2,204|1,703|
|Interest payable and similar charges|331|91|
|Trustees' remuneration etc|-|967|
|Wages|38,718|23,283|
|-|
|Loss on fixed asset disposal|3,004|
|Audit and accountancy fees|5,600|3,550|
|49,857|29,594|
|NET INCOME/(EXPENDITURE)|
|Net income/(expenditure) is stated after charging/(crediting):|
|2025|2024|
|£|£|
|Audit and accountancy fees|5,600|3,550|
|Depreciation - owned assets|60,460|33,057|
|TRUSTEES' REMUNERATION AND BENEFITS|
|2025|2024|
|£|£|
|Trustees' salaries|-|942|
|Trustees' social security|-|25|
|-|967|
----- End of picture text -----
8. NET INCOME/(EXPENDITURE)
9. TRUSTEES' REMUNERATION AND BENEFITS
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 May 2025 nor for the year ended 30 May 2024.
10. STAFF COSTS
The average monthly number of employees during the year was as follows:
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|Employees|2|1|
----- End of picture text -----
No employees received emoluments in excess of £60,000.
continued...
Page 11
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
| 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL Unrestricted fund £ INCOME AND ENDOWMENTS FROM Charitable activities Operation of Hillwood Community Trust 750 Other trading activities 46,305 Investment income 1,611 Other income 3,758 Total 52,424 EXPENDITURE ON Charitable activities Operation of Hillwood Community Trust 28,771 NET INCOME 23,653 Transfers between funds (10,000) Net movement in funds 13,653 RECONCILIATION OF FUNDS Total funds brought forward 37,297 TOTAL FUNDS CARRIED FORWARD 50,950 12. TANGIBLE FIXED ASSETS COST At 31 May 2024 Additions Disposals At 30 May 2025 DEPRECIATION At 31 May 2024 Charge for year Eliminated on disposal At 30 May 2025 NET BOOK VALUE At 30 May 2025 At 30 May 2024 |
ACTIVITIES Designated £ - - - - - - - 10,000 10,000 40,000 50,000 Changing facilities £ 27,500 - (27,500) - 23,246 - (23,246) - - 4,254 |
Restricted funds £ 790,227 - - - 790,227 57,340 732,887 - 732,887 337,350 1,070,237 Community Sports Facility £ 390,095 - - 390,095 130,023 16,254 - 146,277 243,818 260,072 |
Total funds £ 790,977 46,305 1,611 3,758 842,651 86,111 756,540 - 756,540 414,647 1,171,187 Pitch Carpet & Security Fence £ 140,530 - - 140,530 108,597 14,053 - 122,650 17,880 31,933 |
||
|---|---|---|---|---|---|
continued...
Page 12
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
12. TANGIBLE FIXED ASSETS - continued
| Clubhouse Construction £ COST At 31 May 2024 891,792 Additions 40,664 Disposals - At 30 May 2025 932,456 DEPRECIATION At 31 May 2024 - Charge for year 28,819 Eliminated on disposal - At 30 May 2025 28,819 NET BOOK VALUE At 30 May 2025 903,637 At 30 May 2024 891,792 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors VAT Prepayments and accrued income 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes VAT Other creditors Accrued expenses |
Plant and machinery £ 6,722 5,338 - 12,060 6,722 1,334 - 8,056 4,004 - 2025 £ 1,006 - 7,110 8,116 2025 £ 165 762 3,847 72 10,919 15,765 |
Totals £ 1,456,639 46,002 (27,500) 1,475,141 268,588 60,460 (23,246) 305,802 1,169,339 1,188,051 2024 £ 17 67,521 6,921 74,459 2024 £ 176,859 25 - - 5,261 182,145 |
|
|---|---|---|---|
continued...
Page 13
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
15. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year Between one and five years In more than five years |
2025 £ 1,750 7,000 17,500 26,250 |
2024 £ 1,750 7,000 19,250 28,000 |
|---|---|---|
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fixed assets Current assets Current liabilities |
Unrestricted fund £ 8,971 87,121 (15,765) 80,327 |
Designated £ - 60,000 - 60,000 |
Restricted funds £ 1,160,368 5,009 - 1,165,377 |
2025 Total funds £ 1,169,339 152,130 (15,765) 1,305,704 |
2024 Total funds £ 1,188,051 165,281 (182,145 1,171,187 |
|---|---|---|---|---|---|
17. MOVEMENT IN FUNDS
| Unrestricted funds General fund Designated fund Restricted funds Priesthill Barratt Community Development Trust Land Trust Glasgow City Council - synthetic football pitch Sanctuary Housing Association Glasgow City Council - changing facilities Scottish Football Partnership Trust - changing facilities Glasgow Ciy Council - water connection The Clothworkers' Foundation Scottish Football Partnership Trust - security fence The Greater Pollok Barratt CDT Scottish Football Association Capital Project TOTAL FUNDS |
At 31/5/24 £ 50,950 50,000 100,950 148,085 55,260 71,142 2,380 750 3,504 3,736 6,064 2,452 2,148 7,895 766,821 1,070,237 1,171,187 |
Net movement in funds £ 39,377 - 39,377 (14,939) (5,655) (7,280) (136) (750) (3,504) (383) (1,500) (414) (2,148) - 131,849 95,140 134,517 |
Transfers between funds £ (10,000) 10,000 - - - - - - - - - - - - - - - |
At 30/5/25 £ 80,327 60,000 140,327 133,146 49,605 63,862 2,244 - - 3,353 4,564 2,038 - 7,895 898,670 1,165,377 1,305,704 |
|---|---|---|---|---|
continued...
Page 14
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
17. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Priesthill Barratt Community Development Trust Land Trust Glasgow City Council - synthetic football pitch Sanctuary Housing Association Glasgow City Council - changing facilities Scottish Football Partnership Trust - changing facilities Glasgow Ciy Council - water connection The Clothworkers' Foundation Scottish Football Partnership Trust - security fence The Greater Pollok Barratt CDT Capital Project TOTAL FUNDS |
Incoming resources £ 106,745 - - - - - - - - - 18,882 160,668 179,550 286,295 |
Resources Movement expended in funds £ £ (67,368) 39,377 (14,939) (14,939) (5,655) (5,655) (7,280) (7,280) (136) (136) (750) (750) (3,504) (3,504) (383) (383) (1,500) (1,500) (414) (414) (21,030) (2,148) (28,819) 131,849 (84,410) 95,140 (151,778) 134,517 |
|---|---|---|
continued...
Page 15
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
17. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Designated fund Restricted funds Priesthill Barratt Community Development Trust Land Trust Glasgow City Council - synthetic football pitch Sanctuary Housing Association Glasgow City Council - changing facilities Scottish Football Partnership Trust - changing facilities Glasgow Ciy Council - water connection The Clothworkers' Foundation Scottish Football Partnership Trust - security fence The Greater Pollok Barratt CDT Scottish Football Association Capital Project TOTAL FUNDS |
At 31/5/23 £ 37,297 40,000 77,297 163,024 60,915 78,422 2,516 1,500 5,504 4,119 7,564 2,866 3,025 7,895 - 337,350 414,647 |
Net movement in funds £ 23,653 - 23,653 (14,939) (5,655) (7,280) (136) (750) (2,000) (383) (1,500) (414) (877) - 766,821 732,887 756,540 |
Transfers between At funds 30/5/24 £ £ (10,000) 50,950 10,000 50,000 - 100,950 - 148,085 - 55,260 - 71,142 - 2,380 - 750 - 3,504 - 3,736 - 6,064 - 2,452 - 2,148 - 7,895 - 766,821 - 1,070,237 - 1,171,187 |
|---|---|---|---|
continued...
Page 16
HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Priesthill Barratt Community Development Trust Land Trust Glasgow City Council - synthetic football pitch Sanctuary Housing Association Glasgow City Council - changing facilities Scottish Football Partnership Trust - changing facilities Glasgow Ciy Council - water connection The Clothworkers' Foundation Scottish Football Partnership Trust - security fence The Greater Pollok Barratt CDT Sanctuary Capital Project TOTAL FUNDS |
Incoming resources £ 52,424 - - - - - - - - - 22,406 1,000 766,821 790,227 842,651 |
Resources Movement expended in funds £ £ (28,771) 23,653 (14,939) (14,939) (5,655) (5,655) (7,280) (7,280) (136) (136) (750) (750) (2,000) (2,000) (383) (383) (1,500) (1,500) (414) (414) (23,283) (877) (1,000) - - 766,821 (57,340) 732,887 (86,111) 756,540 |
|---|---|---|
Unrestricted funds
General - This represents the free funds of the charity, arising out of football pitch hire, unrestricted grants and donations. These funds may be used at the directors' discretion.
Designated - This fund has been set up by the directors to provide for the cost of a new 4G carpet which it is expected will be required in about 4 years time in 2028.
Restricted funds
Provision of synthetic football pitch - The Priesthill Barratt Community Development Trust (PBCDT) donated £300,000, Land Trust donated £100,500 and Glasgow City Council donated £129,382.
Provision of goals, nets and a generator - Sanctuary Housing Association provided a grant of £3,334 for this purpose.
Provision of changing facilities - Glasgow City Council donated £7,500 for this purpose and The Scottish Football Partnership Trust donated £20,000 for this purpose.
Water Connection Costs - Glasgow City Council donated £6,800 for this purpose.
Security fence - The Clothworkers' Foundation donated £15,000 for this purpose and The Scottish Football Partnership Trust donated £5,000 for this purpose.
Development manager - The Greater Pollok Barratt Community Development Trust (CDT) have awarded a total grant of £66,996 payable over 3 years from April 2022 as a contribution towards the salary of a full-time Development Manager.
continued...
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HILLWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 MAY 2025
17. MOVEMENT IN FUNDS - continued
LED Floodlights Upgrade - The Scottish Football Association awarded a grant of £28,000 for the upgrading of the floodlights.
Capital Project - Clubhouse Construction - The Clothworkers' Foundation donated £55,000 for this purpose, The Scottish Football Association awarded a grant of £75,000 for this purpose, Glasgow City Council donated £423,400 for this purpose, Glasgow City Council awarded a grant of £49,834 for this purpose, The Robertson Trust awarded a grant of £25,000 for this purpose and Lottery Sport Scotland awarded a grant of £138,647 for this purpose.
18. CAPITAL COMMITMENTS
| CAPITAL COMMITMENTS | ||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Contracted but not provided for in the financial statements | - | - |
19. RELATED PARTY DISCLOSURES
The Trust works in close co-operation with Hillwood Football Club. The Trustees H Corcoran and C Morrison are also members of Hillwood Football Club.
Transactions with Hillwood Football Club
| Sports lettings Balance due by / (to) Hillwood Football Club |
Total 2025 £ 16,835 - |
Total 2024 £ 25,908 17 |
|---|---|---|
Hillwood Football Club receive a 20% discount on the normal rates for sports lettings to reflect their volume of usage of the facility.
The balance due by / (to) Hillwood Football Club is interest free and is payable on the normal trading terms for sports lettings.
The Trust and Hillwood Football Club collaborate on the completion of various grant expenditure which may be of mutual benefit.
20. ULTIMATE CONTROLLING PARTY
The charity is ultimately controlled by its Board of Directors.
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