CLYDEBANK COMMUNITY SPORTS HUB REGISTERED COMPANY NiIMBER: 5C44011715cotlaThll REGISTEREO CHARITY NUMBER.. 5C043704 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2025 FOR CLYDEBANK COMMUNITY SPORTS HUB Pagelo SPORTHUB
CLYDE8ANK COMMUNITV SPORTS HUB REGISTERED COMPANY PIUMOEFL. SC440J17 (Scotlandl REGISTERED CHARFTY NUM8ER= SC043704 CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustee5 Independent Examiners Report Statement of Flnanclal Activlties Statement of Flnanclal Positlon Notes to the Flnanclal Statements Pagel I SPORTHUB
(LYDEBANK COMMUNITYSPORTS HUB REGISTERED COMPANY NUMBER.. 5t440117 (Scotlar) REGISTERED CHARITY NUMBER: SC043704 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also directors of the charity for the purw)ses of the Companies Act 2006, present thelr report wlth the financial statements of the charity for the year ended 31 March 2Q25. The trustees have adopted the provisions of Accounting and Reporting by charities: Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard appllcable In the UK and Republic OF Ireland IFRS 1021 (effective l January 20191. OBJECTIVES AND ACTIVITIES Oblectlves and aims Sports clubs in Clydebank have come together to create a sports hub because they believe that sport Is a catalyst for change. Working together rather than in individual silos will fundamentally change this community and the people who live there, Improvlng well-bÈinE, enhanclng soclal capilal and Increasing aspiration. The v15ion Is: I, To be 3 centre of Extellence In West Ounbartonshire for Sport and Community 2. To have the best facllities for the community in whitecrook. that wlll brlng the tommunity together, enhance learnlng, address disadvantage and ensure soclal, environment and economic development 3. To promole participation in all sports particularly by traditionally disengaged people Including girls, young people with poor health and people with disabilities. 4. To en8age the whole local community in a grand vlsion, using sport for holistlc chanEe 5. To be a key social meeting place for clubs and communlty 6. To be aspirational and ambltious Mlsslon The charlty's mlssion Is to enhance the Ilves and wellbelng of all in our community. ACHIEVEMENT ANO PERFORMANCE Charltable activities The direction indicated in the last revlew of the charity 15 for the club to pursue its Stated oblectlves in developing further the faelllty, to engage the local communlty. and to promole participation of key groups Identified a5 dlsengaged. These activiDes were actlvely continued through the current reporled perlod. General a¢vItIeS An upllft In overall income due malnly to an upllft in lets. This Is due to Increased lets volume as the hub continues to retain let rates at the same figure as previous years and at the same rate as the day the facilitv opened, whlch glven the increase in cost5 and the Increase in rates across all other similar facillties In the area Is excellent and living up to the principals of the hub. however this is seen expenditure far out strip income and this will need to be addressed terms of let rateslno increase in 5 years) and staffins and maintenance COSts. Again, the team worked very hard on the operation of the facility, and this wès again done with ongoing disruption within the team. We continued to struggle to find the right candidate for the mallagèr rolè and hanges in management were seen acros5 the year. A new manager is now in place, and they wlll be tasked wlth drlving the need to conirots costs whllst retsining servKe quality. Overall, the year has to be looked back as difficult given the ongoing challenges but there are underlyinE concerns around management like all similar type facilities. the ratio of cost over revenue and ultimately the malntainlng of standards and customer happiness. The facility Is more and more playing a positive role in the community and is liked and enjoyed by the IOS of thousands of local people for many different reasons. Page | 2 (tVOE9AlIK c.0111V SPORTHUB
CLYOEBAhlK COMMUNITYSPORTS HUB REGISTERED COMPANY NUMBER: SCM0117 Iscotknndl REGISTERED CrfARETY NIJMDER.. SC043704 REPORT OF THE fRUSTEES- Continued FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity 15 controlled by its governing document, the artides of association, and constitutes a Ilmlted company, Ilynlted by guarantee without sharÈ pItal. as defined by the Companies Act 2006. Recruitment and appolntment of new trustees The principal office-bearers are elected each year at theAnnual General Meeting IAGMI. Any vacancles during the year are filled by appolntment by the board and confirmed or otherwise by election at the next AGM. Risk management The trustees have a duty to idenlify and review the risks to which the charity is exposed and to ensure appropriate controls are In plate to piovide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number SC440117 (Scotlandl Reg5stered charity number SC043704 Registered Office 60 Dean Street, Whitecrook. clydebank, G81 IRH Trustees Ross Mccombe Grèham M¢Aneny Susan McAneny David Smart Jennller Treacy Chalrperson R055 Mccombe Company Secretary David Smart Treasurer Susan McAneny Independent Examiner Accsol chartered Management Accountants 71 Kilbowle Road, Clydebank, G81 IBL Approved by order of the board of trustees on 0610312026 and signed on their behalf by., Ross M¢Combe- Trustee Page | 3 CLYDEtsAP4K ¢OIAklVPIIIY SPORTHUB
CLYDEBANK COMMUNrrY SPORTS HiIB REGISTEREO COMPANY NUMBER.. SC440117 Iscoilandl RÉGISTERED CHARllv NUMBER: SC043704 INDEPENDENT EXAMINERS REPORTTO THE TRusfEES OF CLYDEBANK COMMUNITY SPORTS HUB I report on the accounts for the year ended 31 March 2025 set out in this report The Charity's trustees are responsible for the preparation of the accounts In accordance wlth the terms of the Charities and Trustee Investment IS¢otlandl Act 2(KJ5 and thè Charitiès Accounts (Scotlandl Regulation5 2006. The charity's trustee5 consider that the audit requirement ol Regulation Iollllal to Icl of the Account5 Regulations does not apply. It is my responsibility to examlne the accounts as required under Section 44llllcl of the Act and to state whether particular matters have come to my attention. Basis of the independent examiners report My eyamination was carried out in accordance with Regulation 11 of the CharltiÈs Accounts Iscotlandl Regulatlons 2006. An examlnatlon Includes a review of the accounting records kept by the charity and a comparison ol the accounts presented with those records. li also includes consideraon of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concernlng 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 thè vlew given by the accounts. Independent examiner statement In connection with my examination. no matter h35 come to my attention.. which gives me reasonable cause to believe that, in any material respect, the requirement5'. to keep accounting records in accordance with Section 44111{al of the 2005 Act and Regulatlon 4 of the 2006 Accounts AeEulatlons; and to prepare accounts which accord with the accounting records and to comply with RegulaOn 8 of the 2006 Accounts Regulations have not been met- or 121 to whlch, In my oplnlon, attention should be drawn in order to enable a proper under5landing of the ac¢ountS to be reached. Neil Moreland Accsol Chartered Management Attountants 71 Kllbowie Road, clydebank. G81 IBL 18 February 2026 Page14 ¢LYDE8A14M ComurITy SPORTHUB
ctYDEBANK COMMUNITYSPORTS HUB REGISTET¢EO COMPANY NVM8ER- SC440117 IScotlaThll REGIVERED CHARrrY NUMUER.. SC043704 STATEMENT OF FINANCIALAcfiviTIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Unrestricted FLFnds Restricted Funds Total Funds Total Funds Notes INCOME FROM Donations and leEaties Other trading activities Total 150 69.475 69.625 14,446 180,923 180,923 195,865 181,073 69.475 250,548 210,311 EXPENDITURE ON 0peratr.ng a communlty facility Restricted Expenses Other Expenses Total 214.931 214,931 168,382 69.47S 69,475 6,000 5.836 5,836 7.080 220,767 69,475 290,242 181,462 NET INCOME I IEXPENDITUREI 139,6941 139,6941 28,849 RECONCILIATION OF FUNDS Total funds brought forward Total funds carrled forward 50,947 3,752 54,699 25,850 11,253 34,177 45,430 54,699 PaEe 15 SPORTHUB
CLYDEBANX COMMUNITYSPORTS HiIB REGisf£RED COMPANY NUMBER.. SC44D117 I5cotlandl REGISTEREDCHARIIY NUMBER: SC043704 STATEMENT OF FINANCIAL POSITION AS AT31 MARCH 2025 2025 2024 Unrestrlcted Funds Restricted Fund5 Total Funds Total Funds Notes FIXED ASSETS Tangible Assets CURRENT ASSETS io Stock li 2,460 2,460 1,931 DebtOTS 12 29,038 29.038 75,183 Cash atbank 13 109,253 34,177 143,430 104,881 140,751 34,777 174,928 181,995 CURRENT LIABILITIES 14 75,092 75.092 56,202 NET CURRENT ASSETS 65.659 34,177 99,836 125,793 TOTAL ASSETS LESS CURRENT LIABILITIES 65,659 34,177 99,836 125,793 CREOITORS Amounts falling due after one year 15 54,406 54,406 71,094 NET ASSETS 11,253 34,177 45,430 54,699 FUNDS Unrestricted funds 11,253 11,253 34,177 50,947 Restrlcted funds 34,177 3,752 TOTAL FUNDS 11,2S3 34,177 45,430 54,699 Page | 6 CL¥D£eAIiK ¢pA11¥ SPORTHUB
CLYOEBANK COMMUNITYSPORTS HU8 REGISTERED COMPANY NUMOER.. SC440117 (ollaTlI REGISTERED CHARITY NUMBER= SC043704 STATEMENT OF FINANCIAL POSITION- Continued AS AT 31 MARCH 2025 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the ye3r ended 31 March 2025. The members have not required the company to obtaln an audit of Its financlèl statements tor the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to ac£ountinE records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies, regime arbd in accordance wlth FRS102 SORP. The financlal statements were approved by the Board of Trustees and author15ed lor Issue on 0610312026 and were signed on its behalf by: Ross McCombe- Trustee Page | 7 SPORTHUB
CLYDEBANK COMMUNITYSPORTS FIUB REGISTERED COMPAWY NUMBER: SC4401X7 Istotlandl REGISTERED CHARITY NUMBER.. SC043704 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES General Information Clydebank Community Sports Hub 1.the charity.) is a Scottish company limited by guarantee and governed by its articles of association. It was registered as a charity in Scotland (registered number SC0437041 on 11 january 2013. It5 re8lStered address Is 60 Dean Street. Clydebank, G81 IRL. Basis of preparlnE the financlal statements These accounts have been prepared under the hSstorical cost convention with items recognised at cost or transacdon value unless Otherwise stated in the relewdnt notelsl tt) these accounts. The 3ccounts have been prep3Ted in accordance wtth the Slalement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Flnancial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014: and with the Flnancial Reporting Standard applicable In the Unlted Klngdom and Republic of Ireland IFRS 1021- and wlth the Charltles Act 2011. The charlty constttutes a public benefit entbty as defined by FRSIO2. Assets and Ilabilities are Inltlally recognlsed at historlcal cost or tiansactlon value, unless, otherwlse stated in the relevant accounting pollcy. The financlal statements are presented in UK sterlin& whlch .is the charity'5 functional currency. and rounded to the nearest Pound. Goln8 Concern The trustees consider that Iheie are no material uncertainties about the tharity's abllity to continue a5 a going concern Change of actountlng pollcv The accounts present a true and falr vlew. and no changes have been made to the accountlng pollcSes adopted. Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period. Materlal PTlor year errors No material prior year errors have beerb identified In the reporting perlod. In¢ome All Income Is recognised in the Statement of Flnancial Activities once the charity has entitlement to the funds, It Is probable that the income wlll be received, and the amount can be measured reliably. Income of Restricted Fund5, e.E. Eovernment grantlsl. is recognised only when the funds have been utilised in accordance with the specification of the grant received. Page18 ¢LyOEBAK ¢olikiuHIlY SPORTHUB
CLYDEBANK COMMUNITY SPORTS HU8 REGISTERED COMPANY NUMBÉK. SC440117 Istoiland) RE615TEREO CHARITY NUMBER.. SC043704 NOTES TO THE FINANCIAL STATEMENT5- Continued FOR THE YEAR ENDED 31 MARCH 2025 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or Constructive obligation commithng the charity to that expenditure, it is probable ihat a transfer of economic benefits will be requlred in settlement and the amount of the'obllgation can be measured rellably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the categoiy. Where costs cannot be directly 3ttiibEJted to Particular headings they have been allordted to activities on a basls consistent with the use of resources. Fund Accounting Unrestricted funds can be used in accordance with the charitable objectives at the dlscretion of the trustees. Restrlcted funds can only be used for particular restrlcted purposes wlthln the objects of the charltv. Restrictions arSse when specified by the donor, or when funds are ralsed for particular restricted purposes. Further explanation of the nature and purpose of eath fund is Included in the notes to the flnanclal statements. DONATIONS AND LEGACIES 2025 2024 Donations 150 80 Grants provided by government l other charities 69.475 14,366 69,625 14,446 Analysis of receipts of 8overnment grants 2025 2024 West Dunbartonshire Councll- Capital Projects - Spent We51 Dunbartonshire Council- Capital Projects- To be spent 69,475 14,366 3,752 34,177 103,652 18,118 OTHER TRADING ACTIVITIE5 2025 2024 Income- Venue and Pitch Hire 75,641 116,440 Income - Bar Sales 105,282 79.425 180,923 195,865 Page | g LYoebAlIK COMUVHITV SPORTHUB
CiYDEBANX COMMUNITY SPORTS HUB REGISTERED COMPANY NUMBER- SCM0117 Istollal RE61STEREDCHARITY NUM8ER: SCO43704 NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31 MARCH 2025 OPERATING A COMMUNITY SPORTS FACILITY 2025 2024 STAFF COSTS 104,466 80,269 DIRECT EXPENSES- BAR SUPPLIES 42,575 43,278 PREMISES EXPENSES 30,455 11,835 UTILITIES 23.849 20,434 INSURANCE 1,681 1,731 TELEPHONE & INTERNET 780 925 TV & LICENSING 2,516 2,855 1,626 DEPRECIATION IT COSTS 2.470 144 PROFESSIONAL FEES 1,713 2,043 SUNORY EXPENSES 4,426 3,243 214,931 168,383 RESTRICTEO EXPENSES 2025 2024 Fencing Pltch Lighdng Boiler Upgrade 6,000 46,681 22,794 69,475 6,000 OTHER EXPENSES 2025 2024 Interest payable and other slmllar chaiges 5,836 7,080 SUPPORT COSTS 2025 2024 GCVS- PAYROLL ADMIN 950 ACCOUNTANCY FEES 1,713 1,093 1.713 2,043 Page l io SPORTHUB
CIYDEBANK COMMUNITYSPORTS HUB REGISTERED COMPANY NUMBER: SCd401J7 {Scotlandl REGISYEItED CHARITY NUMBER.. SC043704 NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES RENUMERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. There were no trustees, expenses paid for the year ended 31 March 202S nor for the year ended 31 March 2024. PAID EMPLOYEES 2025 2024 Wage5 and salaries National Insurance cost 103,131 79,693 Pension cost 1,029 576 Other 306 104,466 80,269 2025 2024 The average monthly number of employees during the year 10. TANGIBLE FIXED ASSETS Plant and machinery Office Equipment Total COST At l Aprll 2024 6.510 1,620 8,130 Addltions in year At 31 March 2025 69,475 69,475 75,985 1,620 77,60S NET BOOK VALUE At 31 March 2025 At 31 March 2024 The addijons irh the year were funded in full by way of a Restricted Grant for Capital Prolects. Capital Projects completed within the year are as follows: Pitch Lighknng £46,681 Boiler Upgrade £22,794 Page | 11 SPORTHUB
CLYOEBANK COMMUNnYspoRTS HUB RE61STERgD COMPAWY NUN4BER-. SC440t17 ISeoilaNiI REGISTERED CHARITY NUMBER: SC043704 NOTESTO THE FINANCIALSTATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 2025 11. STOCK 2025 2024 Bar Stock 2,460 1,931 12. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accounts receivables 18,934 57,453 Prepayments 10,105 17,730 29,039 75,183 13. CASH AT BANK AND IN HAND 2025 2024 Cash at bank 137,141 93,146 GCVS in Trust account 6,289 11,349 Cash in hand 386 143,430 104,881 14. CREDITORS: AMOUNTS FALING DUE WITHIN ONE YEAR 202S 2024 AccruÈd expenses other loan5 (see note 161 OtheT credliors 59,548 40,348 15,544 15,544 310 75.092 S6,202 15. CREDITORS.. AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2025 2024 Other loans Isee note 161 54,406 71,094 Page112 CLYQE8AllX ColAKIUlIlFY SPORTHUB
CLYDEBANK COMMUNITY SPORTS HU REGISTERED COMPANY NUMBER,. SC440117 (Scotlandl REGISTERED CHARITY NVMBER: SC043704 NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 2025 16. LOAN- SOCIAL INVESTMENT SCOTLAND 2025 2024 Amounts falllng due within one year Amount falling due between one and two years Amount f311ing due between two and five yea 15.544 15,544 15,544 15,544 38,862 55,550 69,950 86,638 17. MOVEMENT IN FUNDS MOVEMENT IN FUNDS At Net mvt In funds At 31.03.25 01.04.24 Unrestricted funds General fund 50,947 139,6941 11,253 Restrlcted funds Restrlcted funds 3,752 30,425 34.177 TOTAL FUNDS 54,699 19,2691 45,430 Page | 13 SPORTHUB