REGISTERED COMPANY NUMBER: SC406352 (Scotland) REGISTERED CHARITY NUMBER: SC042588
Report of the Trustees and
Financial Statements For The Year Ended 31 August 2025
for
Motherwell Football Club Community Trust (A Company Limited by Guarantee)
Robb Ferguson Chartered Accountants Regent Court 70 West Regent Street Glasgow G2 2QZ
Motherwell Football Club Community Trust
Contents of the Financial Statements For The Year Ended 31 August 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Statement of Financial Position | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 14 |
Motherwell Football Club Community Trust
Reference and Administrative Details For The Year Ended 31 August 2025
TRUSTEES T Feely B Caldwell S G Harris H Logan (resigned 2.9.25) K O'Neill J Sweeney (MBE) Mrs G L Hughes (appointed 2.9.25) REGISTERED OFFICE Fir Park Stadium Firpark Street Motherwell North Lanarkshire ML1 2QN REGISTERED COMPANY SC406352 (Scotland) NUMBER REGISTERED CHARITY SC042588 NUMBER INDEPENDENT EXAMINER Robb Ferguson Chartered Accountants Regent Court 70 West Regent Street Glasgow G2 2QZ
Page 1
Motherwell Football Club Community Trust (Registered number: SC406352)
Report of the Trustees For The Year Ended 31 August 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 31 August 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 activities
This Community Trust's vision is to use the power of sport to motivate local people and communities to improve their lives thus bringing about significant economic, social, lifestyle and cultural gain.
This is achieved by:
-
The advancement of education;
-
The advancement of citizenship or community development;
-
The advancement of public participation in sport;
-
The provision of recreational facilities, or organisation of recreational activities, with the object of improving the
-
conditions of life for the persons for whom the facilities or activities are primarily intended.
During the year, the trustees have continued to work towards these objectives by delivering affordable, accessible and free activity for young people, providing free meals during school holiday periods and over winter for older citizens. These activities have been carried out further the charity's purpose for the public benefit.
The trustees have paid due regard to guidance issued by OSCR in deciding what activities the trust should undertake.
ACHIEVEMENTS AND PERFORMANCE
Projects & Programmes
The Community Trust has delivered a broad range of projects addressing physical health, mental health and social topics. Programmes have included SAMH "The Changing Room", Scottish Football Association initiatives and work with older generations.
Over the course of the year, Motherwell FC Community Trust has achieved significant progress in several areas:
-
Delivered the Scottish FA's "Extra Time" programme to local school children
-
Delivered a social return on investment of £13.64m for the local area.
-
Delivered a comprehensive holiday hunger programme
These achievements have enabled the charity to cement its place as a key community organisation in Lanarkshire and one of Scotland's top football club trusts.
Partners
We continue to work closely with partners in both North and South Lanarkshire to use the power of football to change lives for the better. We have excellent support from the Scottish Football Association, North Lanarkshire Council, other football clubs as well as wide range of local and national organisations.
Strong Workforce
The Community Trusts invest in the development of staff and volunteers with a broad range of sport-specific and generic courses undertaken. All staff undertake mandatory training in first aid, child protection and suicide prevention. Each member of staff has a personal allowance for training and development each year.
Page 2
Motherwell Football Club Community Trust (Registered number: SC406352)
Report of the Trustees For The Year Ended 31 August 2025
FINANCIAL REVIEW
Financial position
The incoming resources for the year amounted to £380,087 (2024: £349,111). The significant decrease is due mainly to the additional grant funds obtained in the prior year for the regeneration of the astroturf pitch.
Resources expended amounted to £337,938 (2024: £368,253) resulting in a net surplus of £42,149 (2024: deficit of £19,142)
The principal income streams were from grants and youth football donations. The costs of providing youth football development and community teams are met by donations received.
Reserves policy
The directors aim to have reserves in place to cover cash commitments of grant funded courses of up to 3 months given that most projects are funded by grant giving bodies after costs have been incurred by the Community Trust.
At the year-end total reserves were £526,469 (2024: £484,320) of which £281,979 (2024: £375,476) were restricted and £244,490 (2024: £108,844) were unrestricted.
Of the reserves stated above £314,292 of the total reserves are made of tangible fixed assets (£59,202 unrestricted & £255,090 restricted).
Going concern
The Community Trust has reviewed its current and future financial position and the Trustees are confident that it has sufficient headroom to meet its forecast cash requirements and that the Trust will continue in operational existence for the next 12 months. As such, the Trustees consider it appropriate to continue to prepare the financial statements on the going concern basis.
FUTURE PLANS
Looking ahead, the trustees plan to expand mental health programmes, widen opportunities for more people to participate and continue the heat hub and holiday hunger work, with a new focus on supporting parents back into the workforce.
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.
Charity constitution
Motherwell Football Club Community Trust (Charity Number: SCO42588) is a company limited by guarantee which was incorporated on 30th August 2011. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is governed by its Articles of Association.
Recruitment and appointment of new trustees
The board composition seeks to reflect the different stakeholders and environment in which the Commuinity Trust operates. The trust therefore appoints directors based on skills that they can bring to the organisation whilst maintaining the cross representation of the board following nomination by the officers of the Trust or other directors.
Page 3
Motherwell Football Club Community Trust (Registered number: SC406352)
Report of the Trustees For The Year Ended 31 August 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The current board of trustees is comprised of Individuals who have held senior executive roles in the financial services, sport, health, education and football sectors. All are able to make a significant contribution to help achieving the aims of the Community Trust. If the Community Trust was required to appoint new or additional directors, we would seek to identify individuals, who would compliment existing skill sets, with relevant experience in a related sector or role.The Chair, Community Trust Chief Executive and existing trustees would be responsible for identifying and interviewing suitable candidates.
None of the trustees have any beneficial interest n the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The major risk to which Motherwell Football Club Community Trust is exposed is failing to secure the projected voluntary income required to operate the trust.
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 trustees have conducted a review of the major risks to which the charity is exposed and have implemented procedures to manage those risks. These include reduction in grant funding and key staff leaving.
Approved by order of the board of trustees on 5 May 2026 and signed on its behalf by:
B Caldwell - Trustee
Page 4
Independent Examiner's Report to the Trustees of Motherwell Football Club Community Trust
I report on the accounts for the year ended 31 August 2025 set out on pages six to fourteen.
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.
Andrew Logan CA The Institute of Chartered Accountants of Scotland
Robb Ferguson Chartered Accountants Regent Court 70 West Regent Street Glasgow G2 2QZ
5 May 2026
Page 5
Motherwell Football Club Community Trust
Statement of Financial Activities
For The Year Ended 31 August 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 121,929 Charitable activities General 3,150 Other trading activities 2 90,207 Other income 18,137 Total 233,423 EXPENDITURE ON Charitable activities General 97,778 NET INCOME/(EXPENDITURE) 135,645 RECONCILIATION OF FUNDS Total funds brought forward 108,845 TOTAL FUNDS CARRIED FORWARD 244,490 |
Restricted funds £ - 146,664 - - 146,664 240,160 (93,496) 375,475 281,979 |
2025 Total funds £ 121,929 149,814 90,207 18,137 380,087 337,938 42,149 484,320 526,469 |
2024 Total funds £ 94,244 150,071 92,328 12,468 349,111 368,253 (19,142) 503,462 484,320 |
|---|---|---|---|
The notes form part of these financial statements
Page 6
Motherwell Football Club Community Trust (Registered number: SC406352)
Statement of Financial Position 31 August 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 59,202 CURRENT ASSETS Debtors 8 7,024 Cash at bank and in hand 239,640 246,664 CREDITORS Amounts falling due within one year 9 (61,377) NET CURRENT ASSETS 185,287 TOTAL ASSETS LESS CURRENT LIABILITIES 244,489 NET ASSETS 244,489 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 255,090 26,890 - 26,890 - 26,890 281,980 281,980 |
2025 Total funds £ 314,292 33,914 239,640 273,554 (61,377) 212,177 526,469 526,469 244,489 281,980 526,469 |
2024 Total funds £ 352,913 6,172 200,087 206,259 (74,852) 131,407 484,320 484,320 108,845 375,475 484,320 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.
The notes form part of these financial statements
continued...
Page 7
Motherwell Football Club Community Trust (Registered number: SC406352)
Statement of Financial Position - continued
31 August 2025
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 5 May 2026 and were signed on its behalf by:
B Caldwell - Trustee
The notes form part of these financial statements
Page 8
Motherwell Football Club Community Trust
Notes to the Financial Statements
For The Year Ended 31 August 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.
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.
Astroturf pitch - 10% on cost Plant and machinery - 20% on reducing balance Fixtures and fittings - 10% 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 9
Motherwell Football Club Community Trust
Notes to the Financial Statements - continued For The Year Ended 31 August 2025
2. OTHER TRADING ACTIVITIES
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|£|£|
|Football Course Income|83,325|86,628|
|Fundraising|6,882|5,700|
|90,207|92,328|
|NET INCOME/(EXPENDITURE)|
|Net income/(expenditure) is stated after charging/(crediting):|
|2025|2024|
|£|£|
|Depreciation - owned assets|50,511|45,461|
|Hire of plant and machinery|6,207|2,040|
|Other operating leases|1,346|1,749|
----- End of picture text -----
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|Staff|6|8|
----- End of picture text -----
No employees received emoluments in excess of £60,000.
The employees of the charity are paid by Motherwell Football Club and all their costs are recharged to the charity each month.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
----- Start of picture text -----
|||||
|---|---|---|---|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|-|
|Donations and legacies|94,244|94,244|
|Charitable activities|
|General|-|150,071|150,071|
|-|
|Other trading activities|92,328|92,328|
|Other income|12,468|-|12,468|
|Total|199,040|150,071|349,111|
----- End of picture text -----
continued...
Page 10
Motherwell Football Club Community Trust
| Notes to the Financial Statements- continued For The Year Ended 31 August 2025 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ EXPENDITURE ON Charitable activities General 258,714 109,539 NET INCOME/(EXPENDITURE) (59,674) 40,532 RECONCILIATION OF FUNDS Total funds brought forward 168,518 334,944 TOTAL FUNDS CARRIED FORWARD 108,844 375,476 7. TANGIBLE FIXED ASSETS Fixtures Astroturf Plant and and Computer pitch machinery fittings equipment £ £ £ £ COST At 1 September 2024 315,418 8,010 169,836 - Additions - 1,890 9,165 835 At 31 August 2025 315,418 9,900 179,001 835 DEPRECIATION At 1 September 2024 63,084 2,884 74,383 - Charge for year 31,542 1,135 17,785 49 At 31 August 2025 94,626 4,019 92,168 49 NET BOOK VALUE At 31 August 2025 220,792 5,881 86,833 786 At 31 August 2024 252,334 5,126 95,453 - 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Trade debtors 33,914 |
Total funds £ 368,253 (19,142) 503,462 484,320 Totals £ 493,264 11,890 505,154 140,351 50,511 190,862 314,292 352,913 2024 £ 6,172 |
|---|---|
continued...
Page 11
Motherwell Football Club Community Trust
Notes to the Financial Statements - continued For The Year Ended 31 August 2025
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Social security and other taxes MFC - loan Accrued expenses |
2025 £ 1,712 53,173 6,492 61,377 |
2024 £ 4,656 57,062 13,134 74,852 |
|---|---|---|
10. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Scottish Football Partnership SFA NLC Capital Regeneration The Scottish Children's Lottery Trust NLC - Regeneration Capital Grant Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Scottish Football Partnership SFA NLC Capital Regeneration The Scottish Children's Lottery Trust NLC - Regeneration Capital Grant Fund UEFA Foundation SAMH TOTAL FUNDS |
At 1.9.24 £ 108,845 7,633 187,527 5,000 147,383 1,350 26,582 375,475 484,320 Incoming resources £ 233,423 - 127,881 4,900 - - - 11,483 2,400 146,664 380,087 |
Net movement At in funds 31.8.25 £ £ 135,644 244,489 (1,091) 6,542 (64,705) 122,822 (5,000) - (18,423) 128,960 (1,350) - (2,926) 23,656 (93,495) 281,980 42,149 526,469 Resources Movement expended in funds £ £ (97,779) 135,644 (1,091) (1,091) (192,586) (64,705) (9,900) (5,000) (18,423) (18,423) (1,350) (1,350) (2,926) (2,926) (11,483) - (2,400) - (240,159) (93,495) (337,938) 42,149 |
|---|---|---|
continued...
Page 12
Motherwell Football Club Community Trust
Notes to the Financial Statements - continued For The Year Ended 31 August 2025
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.9.23 £ Unrestricted funds General fund 168,518 Restricted funds Scottish Football Partnership 8,724 SFA 154,884 SPFL Trust 5,530 NLC - Capital Regeneration 165,806 The Scottish Children's Lottery Trust - NLC - Regeneration Capital Grant Fund - 334,944 TOTAL FUNDS 503,462 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 199,040 Restricted funds Scottish Football Partnership - Cash for Kids 5,127 SFA 103,329 SPFL Trust - S.F.P. Fitba First 1,000 NLC 10,000 Capital Regeneration - The Scottish Children's Lottery Trust 1,350 NLC - Regeneration Capital Grant Fund 29,265 150,071 TOTAL FUNDS 349,111 |
Net movement At in funds 31.8.24 £ £ (59,673) 108,845 (1,091) 7,633 32,643 187,527 (5,530) - 5,000 5,000 (18,423) 147,383 1,350 1,350 26,582 26,582 40,531 375,475 (19,142) 484,320 Resources Movement expended in funds £ £ (258,713) (59,673) (1,091) (1,091) (5,127) - (70,686) 32,643 (5,530) (5,530) (1,000) - (5,000) 5,000 (18,423) (18,423) - 1,350 (2,683) 26,582 (109,540) 40,531 (368,253) (19,142) |
|---|---|
continued...
Page 13
Motherwell Football Club Community Trust
Notes to the Financial Statements - continued For The Year Ended 31 August 2025
11. RELATED PARTY DISCLOSURES
At the year end, the company owed £53,173 (2024: £57,062) to Motherwell Football Club. There is no set repayment date for this balance.
Page 14