**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