REGISTERED CHARITY NI3MBER: SC046147
Report of the Trustees 2nd
Finaneial Slatsments for the Year Ended 31 March 2025
for
Glenboig Developm¢n¢ Trust (SCIO)
The Kelvin Partnership Ltd
Statutory Auditor
Chartered Accountants
The Cooper Building
505 Great Western Road
Glasgow
G12 8HN

Glenboig Developmeni Trust (SCIO)
Contents of the FinAncial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Report of the Independent AudAtors
10 to 14
Statement of Financial ActivitiLs
15
Balanee Sheet
16
Cash Flow Statement
17
Notes to the Cash Flow Statement
18
Notes to the FRnancial Statements
19 to 32
Detailed Statement of Finaneial Activities
33 to 34

Glenboig Development Trust (SCIO)
Report of the Trustees
for the Year Ended 31 March 2025
The Trustees present th¢ir annual report and financial statements of the charity for the year ended 31 March
2025.
The financial statements have been prepared in accordance with the accounting polici¢s set out in note E to
the accounts and cornply with the charity's trust deed, the Charities and Trustee Investment (Scotland) Act
2005, the Charilies Accounts (Scotland) Regulations 2006 (as amended). and Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Glenboig Development TNst exists to deliver quality services to the benefit of our local community and that
of our wider North Lanarkshir¢ n¢ighbouring communities with the aim to improve life chances.
We achieve this by delivering programrnes tackltng:
H¢alth incqualities
Reduction of poverty.
Increase work opportunities.
Offering improved access to education and trainin&
Improve our environments we live. work and relax in..
Improve community engagement ensuring the voices of our communities are heard and valu¢d.
This year, April 24 - March 25, we continued to improve our core services and operate a community 'Thrive
and Prosper, approoch to ensuring our communities slowly and successfully flourish during the continu¢d
Cost of Living Crisis while continuing to rebuild our community's resilience to respond to the demands of
our everyday concerns. Activities and services acTOSS all areas of delivery in¢lude:
Senior Care Programmes
Befriending Home Vi51ting service
Weekly Telephone Befrieiyding Service
Daily Wellb¢ing Checks
Daily meal delivery service
Lunch Club
Newspaper delivery service
Art Group
Sewing and Craft Group
Indoor bowling
Weekly local shopping service
Supporting Weekly Autumn Group activities
Senior Walking Group
Monthly Tea Dances
Seasonal Outing5
Shopping trips
Hospital transport service
Handyman S¢rvices
Respite Holiday breaks for carers and those being cared for
Page I

Glenboig Development Trust (SCIO)
Report of the Trustees
for the Year Ended 31 Marth 2025
Children & Families Programmes
Our youth staff continued to delAver'.
Jellybean Fun Club for Primary school aged childr¢n
Parent & Toddlers Group
Forest School
Arts & crafts
Grow Eat Gardening
Drop In Friday Night Youth Group
Girls, group
Seasonal Activities & Away Days
Cash for Kids Fund distribution
Little Rascals Transition Social Group
Seasonal Activities & Away Days
Mentsl Health Non CIFnie21 Recovery Support
Children Mental Health & Wellbeing School Programme - Horizons
Without Walls Programme
Youth Horizons Social Youth Programme
Stop The World - Sustaining School Attendance
Mentoring Futures - Young Adult Support programme
Community Garden Supportl Men's Shed
Green Health Opportuniti¢s
Carer Support Programme
Carer Sitter Service
Signposting - Benefit Referralslwelfare Che¢kslCAB
Carer Befriending Service
Volunteer Development
Specialist Supporl
Tover taffel Sensory Group
Horizons Youth Group
ASN
Carers, support
Active Travel Programme
Aimed at encouraging use of sustainable travel we educate, encourage, and deliver.
School Walking Bus
Adult led Cycle Sessions
Bike Ability
Lead Children Cycle Sessions
All Ability and Adaptable Cycle Sessions
Seasonal Playschetne Programmes
Cycle Hire
Cycling programtnes aimed at irnproving both mental and physical health
Page 2

Glenboig Development Trnst (SCIO)
Report of the Trustees
for the Year Ended 31 March 2025
Cycle maintenance programmes
Cycle maintenanc¢ & refurbishment
Tower Gym
Not for profit Community Membership Scheme
Circuit Training
Fibro fitness programme
Fibrornyalgia Group
Menopositivity group
Emergency Support
We pride ourselves on providing quick and efficient supports to both individuals and community wide
services at point of need with dignity, respect and empathy.
Food Pantry supports our community through providing foods at a reasonable rate
Emergency food parcels
Access to other crisis services
Warni Hubs provision
Christmas Toysl Foods
Fuel Supports
clothin￿ household goods
Volunteering
Volunteer opportunities exist for all.
Retail
CafelHospitalitylCat¢ring
Drivers
Passenger Assistance
Office Skills
Befriending
Environmental
Cycling
Youth work
Older Adult Support work
Group work
Vehicle Valeting
Trustees
The above are just a snapshot of volunteer opportunities available at the centre.
Social Enterprise Business is essential not only to increase our sustainability but also exists to provide
essential services to the community.
Pa%e 3

Glenboig Development Trust (SCIO)
Report of the Trustees
for the Year Ended 31 March 2025
Community Transport
School Tran5POrt
A¢ce5S to food transport delivery I pick up
Noi for profit Community Group Minibus with driv¢r
Not for profit Community Group Minibus without driver
Not for Profit Community Group Electric Car with driver
Not for profit Community Group Electric Car without driver
Not for profit Community Accessible vehicles
Health Appointment transport unescorted
Health Appointment transport escorted
Meal delivery services
We continue to contribute to the locality reducing its carbon footprint through the provision of effjcient and
effective Transport Solutions.
Post oifice and General Store
Our post office provided a vital lifeline to all who live in our community-
Easy postal service
Parcel drop off & pick up.
Local banking Services.
Local curr¢n¢y uplift servic¢
Post Office Travel Card
Gift Cards
Access to free food stuff
Access to affordable general foods.
Outlet for local entrepreneurs to sell their wares
Outlet for local busin¢ss advertising
Café
Our cafe not only provides our community Wlth an affordable cafe experience it also give at¢ess to
nutritional cooked food to our older people services, our children's groups and give advice to how to cook
healthy meals on a budget.
Facility Hire
We hire our halls and facilities out to community groups, businesses, statutory organisations all providing
various services to our residents.
Member5 of our Development Trust Can a150 hire the facilities for personal use for family events at a
dis¢ounted rate.
Page 4

Glenboig Development Trust {SCIO)
Report of the Trustees
for the Year Ended 31 March 2025
Gardening Servite & Handyman Services
This service is open to vulnerable resident of age 55 yrs and vulnerable living in our Community on
application.
Grass Cuttin8
W¢eding
Path clearin8
Hedge Cuts
Winter garden tidy up
Winter path salting
Small household jobs - such as Changing a lightbulb, help to mov¢ fijrniture, curtains taken down et
Can be an immense help to our mor¢ vulnerable group.
All profit from our social enterprises go straight back into benefiting your community - so its wortli- while
just coming in to buy a coffee or to use the post office/ shop knowing you are contributing to improving
services in your cornmunity.
Our Partnership ProgrAmme$
7 Lochs initiative and Partnerships to Improve connectivity and pathways with other localities across
North Lanarkshir¢ and Glasgow City
Community Solutions Health and Social Care Programme
Employability Programmes
NLC - No Limits
NLC No One left behind
Buchanan High School ASN Work Experience programme
Providing work placements and employment to local people aiming to reconnect with work or to
gain skills to access work opportunities
Delivery Partners
We recognise all this work cannot be done in solitude and to be successful we depend on the strength.
knowledge and goodwill of our partn¢rs agencies.
North tAnarkshire Council
North Lanarkshirc Local Councillors
NHS Lanark5hire
7 Lochs Project
Money Matters
North Lanarkshire Carers Together
NHS Lanarkshire
Coatbridge Consortium Hosts and Members
Northern Corridor Consortium Members
Northern Corridor Community Forum
North Lanarkshire Council Tackling Poverty Team
CAB
VANL
DTA
Local khools -
Our Lady's & St Joseph's Primary School and Nursery
Glenboig Primary
Page 5

Glenbolg Development Trust {SCIO)
Reporl of the Trustees
for the Year Ended 31 March 2025
Buchanan High S¢hool
Coatbridge High School
St Ambrose High School
Willowbank Primary School
Portland High School
Community Events
Family Evenings
Famity Fun Days
Easter extravaganza
Summer Gala Day
Halloween Evcnt
Scarecrow ¢v¢nts
Christma5 Fayre
Santa Visiting Gleoboig
Accolades 2Ak25
Secured Scottish Living Wage Employers Award.
Recognised as Bteast Feeding Friendly Centre.
Recognition of our partnership with Cambridg¢ Judg¢ Business School with an honorary appointment
as a Fellow of the Business School to Teresa Aitken
FINANCIAL REVIEW
Financial position
The Charity generated a net deficit of £163,239 for the year ended 31 March 2025 (2024: £118.280). At the
balance sheet date, total funds stood at £2.742,000 (2024.. £1905,239} with £2.138,88 l of th¢s¢ funds being
restricted (2024.. £2,196,518), £333.378 being unrestricted (2024 £438,980) and £269,741 being in
unrestricted d¢signated funds (2024.. £269.741).
Reserves policy
The charity has constdered the reserves required and have tsken into account their cuffent and future
liabilities. The trustee5 aim to maintain free reserves in unre5trict¢d funds at a level which equates to
approximately three months of unrestricted charitable expenditure. The trustees consxder that this level
will provide sufficient funds to respond to applications for grants and ensure that support and governance
costs are covered.
Going concern
As noted within the Report of the Independent Auditors, they have issued a qualified opinion for insulTicient
ac¢ounting records and preparation of cashflow forecasts for a period of at least 12 months from the date of
approval of the financial statements. The trustees have now been able to appoint a bookkeeper and are
striving to be able to prepare cashflow for¢ca5ts moving forward to assist in the going ¢on¢ern conclusion.
STRUCTURE. COVERNANCE AND MAIYAGEMENT
Governing document
Glenboig Development Trust is a SCIO and the purposes and administralion T¢quirements are set out in the
constitution dated 20th June 2016
Recruitment and appointment of new trustees
New trustees with relevant skills and experien¢e are appointed by existing trust¢¢s of the Charity.
Page 6

Glenboig DevelopmeDt Trust (SCIO)
Report of the Trustees
for the Year Ended 31 Mar¢h 2025
STRUCTURE. GOVERNANCE AND MANACEMENT
Organisotion21 Structure
The organisation is govemed by a locally elected Board of Trustees who collectively bring a wide range of
skills, knowledge and experience beneficial to the day to day runnin8 of the organisatton.
The strate8ic manaBem¢r]t of the (Yganisation is well eS￿blIShed, experienced, confident and strong. Th¢
trnstees establish sub-groups as required.
The Treasu￿ oversees the project finanees. The Secretary is active and is involved with human resources
and fundin8. Lines of communication are Clear in that the Devek)pment Manager services the board and
su&groups and she and the chair fill the role of linkin8 people between different elements of organlsationa
management.
The Development Manager
is line-rnanaged by the Secretsry of the Board and in turn directly
man2ges all staff. voluntee
rkers and consultants and therefore holds 4 Senior Management
position. The Charity considers th¢ role of senior management staff and uses benchmark salaries from
similar roles to detemine fair remuneration.
Volunteers of all abilities are mentored from teenage years upwards and are a vital component in th¢ deltvery
of services aTEd activities within the organisation and where relevant are integrated into the on-going deliv¢ry
and management
Induttioll and trainin8 of new trustees
There is an induction foT newly appointed trustee5 which includes meeting with the offi¢¢ bearers o
funding, activities of the organisalion, and powers and r¢sponsibilities of the board. Trustees are inlroduced
to staff and an induction to the activities and services of the orsanisation delivered by the Devekjpment
Mana8er.
Trustees are invited to attend training on governance and any other trainin8 appropriate to their role within
the board and organisation.
Throu8hout the year the organisation has participated in various events and conferences. these include
attendin8 D¢velopm¢nt Trust Association Scotland Conf¢r¢nrx (DTAS), VANL
Conference. taken part in various workshops to expand knowledge on land and building ownership , asset
transfer, govemance, fundraising.
The Board have benefited from hosting and attending various study visits speaking to board memb¢rs.
professionals and staff about the successes and challenges of owning, developin& operating fa¢ililies and
fundraising for 5UStainability,
Related parties
We are represented at strategic and local level on various partnerships which include Employability, Carers
Support and Befriending Network, three Locality Planning Groups, North Lanarkshire Health & Social Care
Consortium. Chair of Coatbridge Locality Consortium, Local Area Partnership, Seven Loch5 Partnership .
NLC Community Learning and Development Partnership, Community Forum. Joint Campus Parent
Counctls.
We are active members of OTA and VANL and are supported throughout the year by both organisatioos.
We have continued support from OUT MP. MSP and local elected manbers.
Page 7

Glenboig Development Trust (SCIO)
Report of the Tr￿tte5
for the Y¢ar Ended 31 Marth 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Risk manAgement
The main risk faced by the or8anisalion lies in a reduction in central funding. servic¢ level a8reements and
contracts. We have to ensure we continue to deliver a high quality s¢rYice and maintain strong partnerships
with partners and fundeTS to ensure suslainability. The Charity undertakes a fornial risk assessment annually.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC046147
Principal address
Glenboig Community Centre
Main Street
GLENBOIG
ML5 2RD
Trustees
Auditors
The Kelvin Partnership Ltd
Statutory Auditor
CharteTd Accountants
The Cooper Building
505 Great W¢st¢m Road
Glasgow
G12 8HN
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are resportsible for preparing the Report of the Trustees and the financial statem¢nts in
accordance with applicable law and Unit¢d Kin8dc*n Accounting Standards (United Kingdorn G¢nerally
Accepted Accounting Practice) including Financial R¢portin8 Standard 102 "Th¢ Financial Reporting
Standard applicable tn the UK and Republic of Ireland"
Page 8

Glenbolg Development Trust (SCIO)
Report of the Trustees
for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES- eontinued
Charity law requires the trnstees to prepare financial statements for ¢ach financial year. Under that law, the
trustees have elected to prepare the financial statements in accordanee with United Kingdom Generally
Accept￿ Accouniing Practice (United Kingdom A¢¢ounting Slandards and applicable law).
Under charity law the trnstee5 must not approve the financial statements unless Ihey are satisfied that th¢y
give a true and fair view of the state of affairs of the charity and of the incoming resources and application of
resources, including the income and expenditur¢. of the charity for that p¢riod. In Preparing those financial
ststements. the truskes are requiTed to
select suitsble accounting policies and then apply them consistently"
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonabl¢ and prudeTtt-
state whether applicable accounting standards have been followe41 subject to any material departures
disclosed and explained in the financial statements:
prepare the financial Statements on the going concern basis unless it is inappropriate to Presume that the
charity will continue in business.
The trustees are responsible for keeping proper accountin8 records which disclose with reasonable aecuracy
at any time Ihe financial position of the charity and to enabl¢ them to ensure that the finan¢ial Statements
comply with the Charities and Trnstee Investment {S¢otland) Acl 2005 and The Charitia Accounts
(Scotland) Regulations 2006 (as amended)- They are also responsible for safeguarding the assets of the
charity and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularitie5.
roved b llrder of the board of trustees on 2? December
025 and signed on its behalf by:
Page 9

Report of the Independenl Auditors to the Trustees of
Glenboig Development Trust (SCIO)
Qu21ified Opinion
W¢ have audited the financial statements of Glenboig D¢velopment Trust (SCIO) (the 'charity') for th¢ year
ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance SheeL the Cash
Flow Statement and notes to the financi81 statements. including a summary of significant accounting
policies. The financial reporting framework that ha5 been applied in their preparation is applicable law and
United Kingdom A￿ountIng Standards (United Kingdom Generally Accepted Accounting Praclice),
including Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and
Republic of Ireland,.
Qualified opinion on financial statements
In our opinion, except for the possible ¢ffects of the matters described in the Basis for Qualifi¢d Opinion
paragraph, the financial statements:
give a true and fair view on the stste of the charity's affairs as at 31 March 2025 and the charity's
incoming resour¢es and application of resources. Including their income and expenditure. for Ihe year
then ended
h8v¢ be¢n properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice. including Financial Reporting Standard 102 'The Financial Reporting Standard appli¢abl¢ in
the UK and Republic of Ireland,: and
have been prepared in accordance with the Charities and Trustee Investment (Scotland) Act 21x15 and
r¢gulations 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended)
Basis for qualified opinion
We conducted our audit in accordanc¢ with International Standards on Auditing (UK) (ISAS (UK)) and
applicabl¢ law. Our responsibilTrties under those standards are further described in the Auditors,
responsibilities for th¢ audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethical requiretnents that are rel¢vant to our audit of the financial statements in
the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitie5 in
accordance with these requirements. W¢ believe that th¢ audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion. The audit evidence available lo us was limited becau5e-
the truste¢s have not been able to provide accurate financial inforniation for the period to 31 March
2025, nor have they prepared cashflow forecast5 and other InfO￿atIon necessary for the assessment
of the appropriaten¢ss of the going concern basis of preparation of the financial statements. We
consider that the truste¢5 have not kept adequate steps to satisfy themselves that it is appropriate for
them to adopt the going concern basis be¢au5e the circumstan¢es of the charitable company and the
nature of the business require thai such infomiation be prepared. and reviewed by the trustees and
ourselv¢s, for a period of12 months from the date of approval of the financial ststements. Had this
information been available to us, we might have fomied a different opinion on the financial
statements,
Page 10

Report of the Independent Auditors to the Tru$tee5 of
Glenboig Developjnent Trust (SCIO)
Other information
The trustees are responsible for the other infonnation. The other infonnation Comprises the inforniation
included in the Annual Report, other than the financial statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not COV¢T the other infonnation and. except to the extent
otherwise explicitly stated in our report, we do not express any fonn of assurance conclusion thereon.
In ¢onn¢ction with our oudit of the financial statements, our responsibility is to read the other inforn]ation
and, in doing so, consider whether the other inforn]ation is materially inconsistent with the financial
statements or our knowledge obtained in the audlt or otherwise appears to be materially misststed. If we
identify such material inGonslStencies or apparent mat¢rial misstatements. we are required to detern)ine
whether this giv¢5 rise to a material rnis5tstement in the financial statements themselves. If. based on the
work we have perfornied, w¢ conclude that there is a material misstatement of this other infonnation. we are
required to report that fact. We have nothing to report in thts regard.
As noted in our qualified opinion. the trustees have been unable to prepare cashflow forecasts and other
inforniation n￿essary for the assessment of the appropriateness of the going concern basis of preparation of
the financial statements, for a period of12 months from the date of approval.
Matters on which we are required to report by exception
the inforniation given in th¢ Report of the Trustees ts inconsistent in any material respect with the
financial ststem¢nts; or
proper accounting records have not been kept" or
the financial sthtements are not in agreement with the accounting records and retllrns.
Responsibilities of trustees
As explained moTe fully in the Statement of Trustees, Responsibilities, the trustees are responsibl¢ for the
preparation of the financial statements which give a true and faiT view, and for such internal control as the
trustees detemiine is necessary to enable th¢ preparation of fJnanGial statements that are free from material
misstatemenL whether due to fraud OT error.
In preparing the financial statements, the trustees ar¢ responsible for assessing th¢ Charity's ability to
continue as a going concern. disclosing. as applie&ble, matters related to going concern and using the going
ncern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or
have no realistic alternative but to do so.
Pagell

Report of rthe Independent Auditors to the Trustees of
Glenboig Development Trust (SCIO)
Our responsibililies for the audit of the financial $tate,ments
We have been appointed as auditors under Section 44(IXc) of the Charities and Trustee Investment
(Scotland) Act 2005 and report in accordance with Ihe Act and relevant regulations made or having effe¢t
thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
frotn material misstatemenl, whether due to fraud or error, and to issue a R¢port of the Indep¢ndent Auditors
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misststem¢nts ¢an arise from fraud or error and are considered material if, individually or in the aggregate.
they could reasonably be expected to influence the economlc decisions of users tsken on the basis of thes¢
financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Irregularitie5, including fraud, are instances of non-romplian¢e with laws and regulations. We design
procedures in line with our responsibilities. outline above, to detect material misstatements in respe¢t of
irregulariti¢s. including fraud. The extent to which these call detect irregularities: including fraud is detailed
below.
To assess the suKeptibiltty of the company's financial statements to material misstatement. including how
fraud may occur.
We enquired of the trustees of the charity's policies and procedures to detect fraud as w¢ll a5 whether
they have knowledge of any actual, suspected or alleged fraud
R¢ading Board mtnutes
Using analytical procedures lo identify any unusual or unexpected transactions
We communicated identified fraud risks throughout the audit team and remained alert to any indications of
fraud within the charity.
As required by auditing standards we perforni procedures to address the risk of management override of
Controls and in particular that the charity's managcment may be in a position to make inappropriate
accounting entries and the risk of bias in accounting estimate5 and judg¢m¢nts Such as prcpayments,
accruals, depreciatiotL provision for bad debts and allocation of income and expenses of funds. On this audit
we do not believe there 15 a fraud risk related to revenue recognition because the revenue is all grant income
of high valu¢ amounts from easily identifiable funders, and does not contain estimation uncertainty.
We did not identify any additional fraud risks.
In deterniining the audit procedures we took into account the results of our evaluation and testing of the
operattng effectiveness of the company's fraud risk management controls.
We also perfomied pr(Kedures including:
Identifying journal entries to test for all full scope component5 based on Tisk criteria and comparing
the identified entries to supporting documentation. These included, as relevant. those posted to
unusual accounts
Assessing significant accounting estimates for bias
Reviewing large and unusual transactions outside the ordinary cours¢ of the charity's business.
Identifying undis¢los¢d related parties
Page 12

Report of the Independent Auditors to the Trustees of
Glenbolg Development Trust (SCIO)
We discussed with management matters related to actual or suspected fraud and considered any implicalions
for our audit.
We ensured that the audit team coll¢ctively had the necessary competence and skills to recognise
non-¢omplian¢e with laws and r¢gulations.
We identified areas of laws and regulations that could reasonably be expected to have a material effect on the
financial statements and through discussion with the tNstees (as required by auditing standards).
As the charity is regulated our assessment of risks involved gaining an understanding of the control
environm¢nt including the charity's procedures for complying wilh regulatory requirements.
We communicated identified laws and regulations throughout our ¢¢am and remained alert to any indications
of non-compliance Ihroughout the audit.
The potential effect of these laws and regulations on the financial statement varies considerably.
Firstly, the entity is subject to very strict laws and regulations that directly affect the financial statem¢nts
in¢luding financial reporting legislation. including the the Charities and Trustee Investment (Scotland) Act
2005. the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by
Charities: Statement of Recommended Practi¢¢ applicable to charities, FRS102, the UK Corporate lax laws
and UK VAT laws. We assessed the extent of th¢ compliance with these laws and regulations by carrying
out a revi¢w of the financial statement disclosures and a review of correspondence with the tax authorities.
Secondly. the entity is subject to many oth¢r laws and regulation5 including the AML r¢gulations, GDPIL
health and safety and the Scottish Ch￿lty Code of Governance, where the consequences of non-compliance
could have a material effect on amounts or dtsclosures in the financial ststements.
Auditing standards limit the required audit procedures to identify non-compliance with these law5 and
regulations to enquiry of the trustees and management and inspection of regulatory and legal
correspondence, if any.
Therefore if a breach of operational regulations is not disclosed to us or evident from the relevant
correspondence , an audlt will nol detect that breach.
CoDlext of the ability of the audit to detect fraud or breaehes of laws and regulations
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected
some mat¢rial misstatement in the finanoial statements, even though we had PTop¢rly planned and perfomied
our audtt in accordance with accounting standards. For example the further removed non-compliance with
laws and regulations from the events and trnnsactions reflected in the financial statements, the less likely the
inherently limited procedures required by auditing stsndard would identify it.
In addition, with any audiL there remained a higher risk of non-det¢ctioTh of fraud, as these may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of intemal control& Our audit
procedures are designed to detect material misstst¢ment.We are not responsible for for prev¢nting
non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations
A further d¢s¢ription of our responsibilities foi the audit of the financial statements is located on th¢
Financial Reporting Council's website at wivw.frc.or8.uklauditorsresponsibilities. This description forms part
of our Report of the Independent Auditors.
Page 13

Report of the Independent Auditors lo the Trustees of
Glenboig Development Trust (SCIO)
Use of our report
This ￿pOrt is rnade solely to the chartty's trustees, as a body, in accordance with Regulation 10 of the
Charities Accounts (Scotland) Re8ulations 2006. Our audit work has been undertaken so that we might state
to the Charitys trustees those matters we are required to state to th¢m in an auditors, report and for no other
purpose. To th¢ fLEllest extent pennitted by law, we do not ￿Cept or assume responsibility lo anyone other
than the charjty and the charity's trustees as a body, for our audit work, for this report. or for the opinions we
have fornied
22 De¢ember 2025
Page 14

Glenboig Development Trust {SCIO)
Siatemenl of Financial AetivRtles
for the Year Ended 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Notes
NCOME AND ENDOWMENTS FROM
Donations and legacies
4,165
4.165
14.757
Charitable activities
Charitable a¢tivities
68,390
324.403
392.793
553,943
Other trading activities
301,620
301620
262,921
Total
374,175
324 403
698 578
831.621
EXPENDITURE ON
Raising funds
73,821
73,821
70,251
Charitable activities
Charitable activities
405.956
787 996
879 650
Total
479.777
382,040
861,817
949.901
NET INCOMEI(EXPENDITURE)
(105,602)
(57,637) (163,239) (118,280)
RECONCILIATION OF FUNDS
Total funds brought forward
708,721
2,196,518
2,905.239
3.023,519
TOTAL FUNDS CARRIED FORWARD
603,119
2 138 881
2,742,000
2,905.239
The notes forn] part of these financial statements
Page 15

Glenboig D￿elOpment Trust (SCIO)
Balance Sheet
31 M&reh 2025
31.3.25
Total
funds
11.3.24
Totsl
funds
Unresiricled Reslricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
296,116
2,138.881
1434,997
2506,843
CURREKf ASSETS
Debtors
Ca$h at bank
12
56.464
276.912
56,464
70.683
344
276,912 ￿54
333.376
333,376
414.937
CREDITORS
Amounts falling due within one year
(26.373)
(26,373)
(16.541)
NET CURRENf ASSETS
307,003
307.OOJ
398,396
TOTAL ASSETS LESS CURRENT
LIABILITIES
603,119
2,138,881
2,742,000
2,905,239
NET ASSETS
603.119
2 138.881
2,742.000
2.905 239
FUNDS
Unrestricted funds
Restricted funds
14
603,119
2 138881
708.721
2,196.518
TOTAL FUNDS
2,742.000
2 905.239
The finaTEci81 statements V￿re approved by th¢ Board of Trustees and authorised for issue on
22 December 2025 and were signed on its behalf by:
Th¢ notes fomb part of these fin8n¢ial statements
Pa8e 16

Glenboig Development Trust (SCIO)
Cash Flow Statement
for the Year Ended 31 Mareh 2025
31.3.25
31.3.24
Notes
Cash flows from operating activities
Cash generated from operations
67,342)
(178,452)
N¢t Cash used in operating activities
67 342)
(178,452)
Cash flows from investing activities
Purchase of tangibl¢ fixed assets
51,445)
Net cash provided byl(used in) investing activities
51,445)
Change fin cash and cash equivalents
in the reporting period
Cash and cash equAvalents at the
beginnAng of the reporting period
(67,342)
(229.897)
344.254
574 151
Cash and Cash equivalents at the end
of the reporting period
276.912
344,254
The notes forni part of these financial statsments
Page 17

Glenboig Development Trust (SCIO)
Notes to the Cash Floiv Statement
for Ihe Year Ended 31 March 2025
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.3.25
31.3.24
Net expenditure for the reporting period (as per the Statement
of Financial Activities)
Adjustments for."
Depreciation charges
Decrease in debtors
Increasel(deCr￿e) in c￿dItorS
(163,239) (118,280)
71.846
14,219
9,832
78,738
17,587
156,497
Net cash used in operations
67,342)
178,452)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At31.3.25
Net ￿sk
Cash at bank
344,254
67,342)
276,912
67.342)
276.912
Total
344,254
67,342)
276,912
The note5 fonn part of these financial statem¢nts
Page 18

Glenboig Developmenl Trust (SCIO)
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Accounting and R¢porting by
Charities.. Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in
acwrdanc¢ with the Financial Reporting Standard applicable in the UK and Republic of Ir¢land
(FRS102). The financial statements hav¢ also been prcpared in accordance with the Charities
Accounts(Scotland) Regulations Act 2006 and the Charities and TTUStee Investment (Scotland) Act
2005.
The charity is a public benefit entity as defined by FRSI 02.
The accounts are prepared in sterling, which is the funclional cU￿encY of the charity. Mon¢tary
amounts in these financial statements are rounded to the nearest pound.
The accounts have been prepar¢d under the historical cost convention. The principal accounting
p)li¢ies adopted are set out below. These policies have been consistently applied to all periods
presented.
Critical accounting judgements and key sources of estimation uncertainty
In the application of th¢ Charity's accounting policies. the Directors are required to make judgements,
estimatss and assumption5 about the carrying amount of assets and liabilities that are not readily
apparent from other sources. Th¢ estimates and associated assumptions are based on historical
experience and other factors tliat are considered to be relevant. Actual r¢sults may differ from these
¢stimat¢s.
The estimates and underlying ￿sumptIOnS are reviewd on an ongoing basis. Revisions to accounting
estimates are recognised in the period in whi¢h the estimate is revised where the revision affects only
that period, or in the period of the revision and future periods where the revision affects both the
curr¢nt and future periods
Income
Income is r￿ognISed once the charity has entitlement to the income, it is probable that the income
will be received. and the amount of income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and
sertlement dale. In the event that a donation is subject to Conditions that require a level of perfomiance
before the charity is entitled to the funds, the income is deferred and not recognis¢d until either those
conditions are fully met of the fulfilment of those conditions is wholly within the conrrol of the
charity and it is probably that those conditions will be fulfilled in the reporting period.
Income from government and other grants. whether "Capital" or "revenue" grants is recognised when
the charity has entitlement to th¢ fijnds, any perfomiance conditions attached to the grants hav¢ been
met. it is probable that the income will be received, and the amount can be measured reliably and is
not deferred.
Inwme received in advance of the provision of a specified service is deferred until the criteria for
income recognition are met.
Expenditure
Liabilities are recognised as expenditure as soon 8S there is a legal or constructive obligation
committing the charity to that expenditure, it is probabl¢ that settlement will be required and the
amount of the obligation can be ffteasured reliably.
Page 19
continued...

Glenboig Developmenl Trust (SCIO)
Notes to the FinAncial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Expenditure
All expenditure is accounted for on an a¢crual basis. All ex￿n5¢S including support costs are
allocated or apportioned to the applicable ¢xp¢nditure headings.
Cost of raising funds comprise the costs of commeT¢ial trdding including investment management
costs. and certain legal and professional fees associatsd with 5UPPOrt costs.
Expenditure on charitable activities includes all staff costs, delivery costs, property cost4 professional
fees, vehicle costs, evaluation costs and other a¢tiviti¢s undertak¢n to further the purposes of the
charity and their associat¢d support costs.
Expenditure on other trade activities includes all costs relating io activities undertaken not in direct
furtherance of the PUTposes of the charity.
Irrecoverable VAT is cliarged as a cost against the activities for which the expenditur¢ is incurred.
Governance costs
Governance costs (which are included as a component of support costs (in ac¢oTdance with SORP)
comprise all costs involving the public ac¢ountability of the charity and its compliance with r¢gulation
and good practice. These costs include those related to constitutional and statutory requirements,
external scrutiny (audit or independent examination).
Financial instruments
The charity has elected to apply the provisions of Section I I 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all its financial instruments.
Financial instruments are recognized in th¢ charity's financial statements when the charity becomes
party to the contractual provisions of the instrument.
Financial assets and liabillties are only offset, with the net amounts prtsented in th¢ fInancial
statements. when there is a legally ¢nforceable right to set off the recognised amounts and there is an
intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Going Concern
As noted within the Report of the Independent Auditors. they have issued a qualified opinion for
insuffjeient accounting records and preparation of cashflow forecasts for a period of at least 12
months from the date of approval of the financial statement5. The trustees have now been able to
appoint a bookkeeper and are striving to be able to prepare cashflow forecasts ffloving forward to
assist in the going concern ¢onclusion.
B25ie fingncial assets
Basi¢ financial assets, wliich includ¢ debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effeotive interest method unless the arrangement constitutes a financing trdnsaction is measured at the
present value of th¢ fiJtur¢ receipts discounted at a market rate of interest. Financial assets classified
as receivable within one year are not amortised.
Page 20
continu¢d.-.

Glenboig Development Trust (SCIO)
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - eontlnued
Financial instruments
Impairment of financial assets
Financial assets. other than those held at fair value through profit and loss, are assessed for indicators
of impairnient at each reporting ¢nd date.
Derecognition of financial assets
Financial assets ar¢ derecDgniscd only when the contractual rights to the cash flows from ih¢ asset
expire or are settled. or when the charity transfers the financial asset and substantialty all the risks and
rewards of ownership to another entity, or if some significant risks and rewards of ownership are
retained but control of the asset has transferred to another paty that is able to sell the asset in its
entirety to an unrelated third party.
Classification of fingncial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contraciua
arrangements ent¢red into. An equity instrum¢at is any contract that evidences a residual interest in
the assets of the charity after d¢ducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors and loans are initially recognised at transaction price
and are subsequently Ca￿led at amortised cost, using ihe effective interest rate method.
Trade creditors are obligations to pay for goods or servic¢5 that have been acquired in the ordinary
course of busine55 from suppliers. Amounts payable are classified as current liabilities if payment is
due within one year or less. If noL they are presented as non-current liabilities.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Freehold property
Project Equipmcnt
Fixtures and fitttngs
Motor vehlcles
Computer equipment
20/0 on cost
25Yo on reducing balance
250/0 on reducing balance
250/4 on reducing balance
330/0 on cost
Taxation
The organisation is a charity within the rneaning of Section 467 of the Corporation Tax Act 2010.
Ac¢ordingly, the charity is potentially exempt from taxation in respect of income or ¢apital gains
received within categories covered by Chapter 3 part II of the Corporation Tax Act 2010 or Section
256 of Taxation of Chargeable Gains A¢t 1992 to the extent that such income or gains are applied to
charitable purposes only.
FvDd Accounting
Unrestricted funds can be used in accordance with the Charitable objective5 at the discretion of the
trustees.
Page21
continued..-

Glenboig D¢velopm¢nt Trust (SCIO)
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES- continued
Fund 4¢¢ounting
Restricted funds can only be used for particular r¢strict¢d purposes within the objects of thc Charity.
Restrictions arise when specifi¢d by th¢ donor or when funds are raised for particular r¢stricled
purposes.
Designatd funds represent the fixed ass¢ts held by the charity
Further explanation of ih¢ natur¢ and purpose of each fund is included in Ihe notes to the financial
statements.
Pension co$ts and other post-relirement benefits
Th¢ ¢haTity operat¢s a defined contributton pension s¢h¢rn¢ in respect of its employees. Th¢ assets of
thc scheme are held separately from those of th¢ charity. The pension costs represent the amount of
contributions made by the Charity during the year.
Additionally, thc charity contributes to a second pension scheme from
paid direcily to her.
Donated services and fa¢llltles
Donated professional ser¥ices and donated facilities are recognis¢d as income when the charity has
Control over the it¢m, any conditions associated with the donated item have been rnet, the receipt of
econorni¢ benefit from the use by the charity of th¢ item is probably and tEMt economic benefit ¢an be
measured reliably. In accordance wilh the Charities SORP {FRS 102) general volunteer time is not
recognised. Refer to the Trust¢e'5 Annual Report for details of their contribution.
On receipt, donated proftssional scrvices and donated facilities are recognised on the besis of th¢
value of the gift to the charity which is the amount the clwity would have been willing to pay to
obtain the services or facilities of equivalent econornic benefit on the open market a corresponding
arnount is then recognised in expenditure in the period of rcccipt.
DONATIONS AND LEGACIES
31.3.25
31.3.24
Donations
4,165
14,757
OTHER TIL4DING ACTIVJTIES
31.3.25
31.3.24
Shop income
Cafe income
Youth activities
Brick
Transport incoyne
Post office income
Other income
Bar income
28.498
109,523
17.755
532
93,893
75
22.935
916
26,740
89,379
16.237
175
57,620
9,382
22.074
12,543
Carried foTward
274,127
234,150
Page 22
continued...

Glenboig Development Trust (SCIO)
Notes to the Finan¢ial Statements - eonlinued
for the Year Ended 31 March 2025
OI'HER TRADING ACTIVITIES - eontinued
31.3.25
31.3.24
Brought forward
Room Hir¢
Gardening Income
Gym Income
274,127
24,879
30
2,584
234,150
23,209
3,943
1,619
301,620
262.921
INCOME FROM CHARITABLE AcT￿lTIEs
31.3.25
31.3.24
Activity
Charitable activities
Grants
392,793
553,943
Grants received. included in the above, aTe as follows:
31.3.25
31.3.24
Acorns 2 Trees
Cash for Kids
Catanach Trusl
Energy Savings Trust
Glasgow City Council
National Lottery Comn]unity Fund
NL Improving Lives
NL Young Start
North Lanarkshire Council
North Lan&rkshiTe Council - Other Grants
Paths for All - Smarter Choices Smarter Places
Radio Clyde
scvo
Scottish Pa55enger Transport
The Gannochy Trust
Voluntary Action North Lanarkshire
The Stafford Trust
45.853
31039
9,100
12,516
3.605
11,610
106.355
49,858
47.910
77.544
3,709
46,672
51.482
62,865
41,324
25,000
7,983
170.978
9.250
7,517
127.108
392,793
557,685
Page 23
continued...

Glenboig Development Trust (SCIO)
Notes lo the Financial Statements - continued
for the Year Ended 31 March 2025
RAISINC FUNDS
Raising donations and lega¢ies
31.3.25
31.3.24
Bar purchases
Cafe purchases
Shop purchases
1,228
52,254
20,339
1,122
47,726
73,821
70,251
CHARITABLE ACTIVITIES COSTS
Support
Costs (see
note 7)
Direct
Costs
Totsls
Charitable activities
781,196
787,996
SUPPORT COSTS
Governance
¢osts
Charitable activities
6,800
TRUSTEES, REMUNERATION 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.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
STAFF COSTS
31.3.25
31.3.24
Wages and salaries
Social security costs
Other pension costs
509.105
26,873
17,665
454.542
23.380
21,248
553.643
499.170
The average monthly number of employees during the year was as follows..
31.3.25
35
31.3.24
32
Office and Project Staff
Page 24
continued...

Glenboig Development Trust {SCIO)
Notes to the FinanciAI Statements- eontinued
for the Year Ended 31 March 2025
STAFF COSTS - contlnued
No employees received emoluments in excess of £60,000.
Key management personnel recetved Temuneration of £38,197.64 {2024: £80,500) for the year ended
March 2025.
No employees received employee benefits (excluding employer pension) of more than £60,000.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
funds
funds
Total
fiJnd$
COME AND ENDOWMEwfs FROM
Donations and legaci¢s
14,757
14.757
Charitable aclivities
Charitable activities
189.387
364,556
553.943
Other trading activiti¢s
262,921
262 921
Total
467.065
364,556
831621
EXPENDITURE ON
Raising funds
70.251
70.251
Charitable activities
Charitable activities
445.022
434.628
879.650
Total
515.273
434.628
949 901
NET INCOMEI(EXPENDITURE)
(48,208)
(70,072) {118,280)
RECONCILIATION OF FUNDS
Total funds brought forward
756.929
2.266.590
3,023,519
TOTAL FUNDS CARRIED
FORWARD
708,721
2 196.518
2.905 239
Page 25
ontinued...

Glenboig Development Trust (SCIO)
Notes to the Financial Statements - Continued
for the Year Ended 31 March 2025
11. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
propety
Project
Equipment
COST
At l April 2024 and 31 March 2025
2 603.357
70,433
18.192
DEPRECIATION
At l April 2024
Charge for year
175,629
52.067
48,154
5,570
10,877
1.829
At 31 March 2025
227 696
53,724
12,706
NET BOOK VALUE
At 31 March 2025
2,375,661
16.709
5.486
At 31 Mar¢h 2024
2,427.728
22.279
7.315
Motor
vehicles
Cornput¢r
equipment
Totals
COST
At l April 2024 and 31 March 2025
128 657
1.551
2 822,190
DEPRECIATION
At l April 2024
Charge for year
79,136
12,380
1,551
315,347
71.846
At 31 March 2025
91,516
.551
387,193
NET BOOK VALUE
At 31 March 2025
37,141
2,434,997
At 31 March 2024
49.521
2.506 843
Stsndard security is held by The Big Lottery and The Scottish Government on 110 Main StreeL
Glenboig. ML5 2RD.
Pag¢ 26
continued...

Glenboig Development Trust (SCIO)
Notes to the Financial Stalements - continued
for Ihe Year Ended 31 March 2025
12. DEBTORS: AMOUNTS FALLING DUE WITItIN ONE YEAR
31.3.25
31.3.24
Trade debtors
Other debtors
VAT
Prepayments and accrued income
19,230
10,053
2,716
24,465
50,874
10,053
874
8,882
56.464
70,683
13. CREDITORS: AMOIJNTS FALLING DUE WITHtN ONE YEAR
31.3.25
31.3.24
Trade creditois
Accruals and deferred income
3,392
14. MOVEMENT Th FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unre5trieted funds
General fund
Designated Fund
Acoustics Project for Centre
438,980
239,741
(105,602}
333.378
239,741
708,721
Restricted funds
Community Life Centre
Energy Trust Fund - Capitsl Fund
(105,602)
603,119
2,186,332
10.186
(52,067) 2.134,265
5,570)
4,616
2 196,518
57.637) 2,138.881
TOTAL FUNDS
2,905,239
163,239) 2,742,000
Page 27
continued...

Glenboig Development Trust (SCIO)
Notes to the Financial Statements - eontinued
for the Year Ended 31 March 2025
14. MOVEMENT IN FUNDS - eontinued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
374,174
{479,776) (105,602)
Restricted funds
Acorn5 2 Trees
Community Life Centre
Energy Trust Fund - Capital Fund
NL Improving Lives
NL Young Start
SCVO- NLC Jobs
The Gannochy Trust
VANL - Befriending Elderly
VANL - Carer Breather Sitters Service
VANL- Community Solutions
Programme
VANL Without Walls - Youth
VANL- Locality Host
38.946
(38,946)
(52.067)
(5,570)
{49,858)
(47,910)
(62.865)
(7,517)
(20,000)
(25,934)
(52,067)
(5.570)
49,858
47,910
62,865
7,517
20,000
25,934
5.000
6.6l7
(5,000)
(6,617}
59,757)
324.404
TOTAL FUNDS
698 578
861,817)
163,239)
Page 28
continued...

Glenboig Development Trust {SCIO)
Notes lo the Financial St2temeDts - eontinued
for the Year Ended 31 Mareh 2025
14. MOVEMENT IN FifNDS - ¢ontinued
Compar2tive$ for movemen¢ in funds
Net
ovement
in funds
Transfers
between
funds
At
11.3.24
At 1.4.23
Unrestricted funds
General fund
Designated Fund
Acoustics Project for Centre
Solar Panels Project for Centre
477,188
239,741
30,000
(48.208)
10.000
438,980
239.741
30,000
Restricted funds
Community Life Centre
Energy Trust Fund - Capital Fund
The Big Lottery - Young Stsrt 2
The Gannochy TTUSt
756,929
(48,208)
708,721
2,233.671
13,582
15,595
3,742
(47,339}
(3,396)
(15.595)
2,186,332
10,186
2,266 590
2.196,518
TOTAL FUNDS
3,023.519
118.280)
2,905,239
Page 29
contlnued...

Glenboig Development Trust (SCIO)
Notes to the Finaneial Statements - continued
for the Year Ended 31 March 2025
14. MOVEMENT FUNDS - continued
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resour¢es
expended
Movement
in funds
Unrestricted funds
General fund
467,065
(515,273)
(48,208)
Restricted funds
Acorns 2 Trees
Cattanach Ttust
Community Life Centre
Energy Savings Trust- Active Travel
& Energy Savings Trust
Energy Trust Fund - Capital Fund
Paths for All- SCSP
SPT- Transport
The Big Lottery - Senior Care Project
The Big Lnttery - Young Start 2
The Ganno¢hy Trust
The Stafford Trust
VANL - Befriending Elderly
VANL - Garden Project
VANL - Mens shed
V ANL - Mentoring Futures
VANL - Various
VANL - Transport
32.039
12,516
(32.039)
(12,516)
(47,339)
(47,339)
36,263
(36,263)
{3.396)
(14,014)
(25.000)
(106,355)
(15,595)
(7.983)
(9,250)
(20.000)
(76,269)
(8,840)
(9,879)
(5.390)
4.500)
(3.396)
14.014
25.000
106.355
(15,595)
(3,742)
4.241
9.250
20.000
76.269
8,840
9,879
5,390
4.500
364.556
TOTAL FUNDS
831,621
Funds were awarded for the following purposes:
Acorn5 2 Trees
Horizons Without Walls an opportunitylspace to build networks
between individuals, fam ille5 and groups whilst offering qualtty
holistic supports and encouragement to achieve so¢ial and
inclusive goals which meets aspirations and abilities of the
individual and their 5UPPOrt network. Th¢ Horizon programme
will ensure we have a successful pathway for Young Adults with
Learning Disabilities to progress through our social society With
airns of meeting their own social aspirations and becomin8
valued members of our communities
Brighter Futures
supported employm¢nt & training opportunities for Local people
Cattanach Trust
Supporting social and health improving activities for Children
Coalfields Regeneration Trust
Supporting nutritional food Programs
Corra Foundation (Brothers and Supporting the ongoing development of community to the
Sisters)
Promise and support actsvit1¢5 of Care Experienced Children and
young people to keep connections with siblings and families
Page 30
continued.

Glenboig Development Trust (SCIO)
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
14. MOVEMENT IN FLfNDS - continued
Energy Trust Fund
Lif¢ Changes Trust
Purchase of All ability cycles and safety accessories
Support the development of Dementia Cafe Group and activities
for those living with dementia and their carers
supporting local group activities
offering support to employ local people and offer training and
NLC- GAP
improve ¢mployability skills
NLC - Other Grants
funding towards support of the core services
supporting local group activities
Paths for All - Smarter Choices Fund5 SUPPOrt delivery and development of Active Travel
Smarter Places
Activities improving health and reducing isolation through
walking and cycling reducing dependency of cars
supporting deliv¢ry of Community Transport projects
supporting activities and services for our Older and Vulnerable
residents
The Big Lottery - Young Start 2 Supporting services and activities for young people
The Gannochy Trust
The Stafford Trust
Supporting positive services and activities for young people
Funding to SUPPOrt HomewoTk Club and Youth Clubs. 2
sessional ivork¢rs and 48 hot meals per week
Supporting befriending for Vulnerable Adults
Supporting group activities for Unpaid Car¢rs
NLC - Community Councillor
NLC - Employability
SPT Transport
The Big Lott¢ry SCP
VANL - Befriending Elderly
VANL - Carer Breather
Connected Carers
VANL- Carer Breathers Sitting provision of support for time out of ¢aring duties for unpaid
Service
carers
VANL - Community Solutions hosting 5UPPOrts the Capacity Building and local Activity grants
Locality
VANL - Garden Project
for local community groups
to support the development of the garden ensuring inclusion
through supporting those with mobility and menlal health issues
to connect with the community through an ¢nvironmeTJlal
project. Also supported the salary of a full tilne and part tim¢
worker.
VANL - Glenboig Community supports d¢livery of services and support of activities to improve
Gardens
VANL- Hello World
mental heath and wellbeing
VANL - Mens Shed
Community Solutions Participatory Budgeting Event
Local Activity Funding to support delivery of Glenboig Men's
Shed program
funding the mentoring of young people back into education or
VANL - Rejuvenate Village
employm¢nt
Autumn
Local Activity Funding io support activities for older people
VANL - Stop the World I Want Funds supporting mental health activities of young people to
to Get on
VANL - Transport
r¢-engage with society
to support elderly and young people living in rural areas with no
a¢c¢sS to transport to access activities and lunch Clubs, reducing
social isolation and increasing social connection to friends and
peers
Local Activity Fund for Walking Football Activity
Supporting the delivery of Youth Programs
VANL - M¢ntoring Futures
VANL- Walking Football
Youth Link Scotland
Pag¢31
continued..-

Glenboig Developmen¢ Trust (SCIO)
Notes to the Financial Statemenls - continued
for the Year Ended 31 March 2025
15. EMPLOYEE BENEFIT OBLIGATIONS
The charity operates a defined conlribution pension scheme in respect of its employees. Th¢ assets of
the scheme are held separately from those of th¢ charity. The pension costs represent the amount of
contributions mad¢ by the Charity during the year. The charge for the year is £17,665 (2024.. £21,248)
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 MaTeh 2025.
Page 32

Glenboig Development Trnst (SCIO)
Delaffiled Statement of Financial Activities
for tht Year Ended 31 March 2025
31.3.25
31.3.24
tNCOME AND ENDOWMENTS
DoDatiODS and legAeies
Donations
4,165
14,757
Other tradlng activities
Shop income
Cafe income
Youth activities
Brick
Transport income
Post office income
Other incom¢
Bar income
Room Hire
Gardening Encome
Gym Income
28.498
109,523
17.755
532
93.893
75
22,935
916
24,879
30
2.584
26.740
89.379
16.237
175
57,620
9,382
22.074
12,543
23.209
3.943
1.619
301,620
262.921
Charitable activitie5
Grants
392,793
553,943
Total iD¢omAllg resourees
698.578
831,621
EXPENDITURE
Raising donAtions and legacies
Bar purch&ses
Caf¢ purchases
Shop purchases
1.228
52.254
1.122
47,726
21.403
73,821
70.251
CharRtable 2etivitie$
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
CaTried forward
509.105
26,873
17.665
3.550
12.233
47,113
1,847
618,386
454,542
23.380
21,248
3,812
18,334
52.473
1,622
575,411
This page does not fom) part of the statutory financial statements
Pag¢ 33

Glenboig Development Trust (SCIO)
Delailed Stalement of Financial Activities
for the Year Ended 31 Mareh 2025
31.3.25
31.3.24
Charitable activltles
Brought forward
Postage and station¢ry
Advertising
Sundries
Cleaning
Repairs and renewals
Outreach work
Motor expenses
Computer software
Stsff training
Travelling expenses
618.386
1,163
320
851
3.748
23,383
10,576
15,345
2.238
390
864
57S,411
904
415
.061
3,099
26,932
80,665
16.052
2,247
1,599
576
[ 11
Equipment hire
Accountancy fees
Consultancy fees
Bank charges
Payroll costs
Voluntser expenses
L¢Eal and professional fees
Bad debts written off
Freehold property
Plant and machinery
Fixtures and fittings
Motor vehicles
Cornputer equipment
6,725
5,918
5,915
3,589
2,701
11,616
5,418
3.487
6.097
11,342
208
45.832
52.067
7,426
2.439
16,507
299
8,718
1,221
52,067
5,570
1,829
12,380
781,196
874,400
Support costs
Governance costs
Auditors, remuneration
6.800
Totsl resources expended
861,817
949 901
Net expenditure
163,239)
118,280)
This page does not fonn part of the statutory financial 51atements
Page 34