**REGISTERED CHARITY NUMBER: SC046671** 

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2024 

for 

Albion Rovers Community Trust 

Sharles Ltd Chartered Accountants 

29 Brandon Street Hamilton ML3 6DA 



Albion Rovers Community Trust 

## Contents of the Financial Statements for the Year Ended 31 August 2024 

||Page|
|---|---|
|Report of the Trustees|1 to 6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 to 15|
|Detailed Statement of Financial Activities|16|





Albion Rovers Community Trust 

## Report of the Trustees for the Year Ended 31 August 2024 

The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES Objectives and aims** 

The charity's objectives are: 

- The advancement of citizenship including the rights and responsibilities of the citizen, through the development of opportunities for people to be more active in their communities, involving people in community activity including volunteering 

- The promotion of equality and diversity including the elimination of discrimination 

- The relief of those in need by reason of age, ill health, disability, financial hardship, or other disadvantage, contributing to the prevention or relief of poverty through information and advocacy 

- The provision of recreational facilities, or the organisation of the recreational activities with the purpose of improving the life conditions for the persons for who the facilities or activities are primarily intended. 

Page 1 



Albion Rovers Community Trust 

## Report of the Trustees for the Year Ended 31 August 2024 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

The period from September 2023 to August 2024 saw us able to significantly add to our mainstay groups and activities and offer more opportunities for children, vulnerable groups, and environmental improvement. In the past 12 months we have directly supported and engaged with over 272 individuals, many of whom engaged with us multiple times. Our Social Impact research demonstrates that our activities ensure people have improved emotional wellbeing, confidence, and strength in their relationships with others. Many participants state that more than 2 years post-Covid, these activities have given them confidence again to socialise with others and opportunities to make new friends. For several of our participants attending one or more of our activities allows them much needed respite from caring for relatives with learning difficulties or dementia. People talk openly about having renewed confidence to meet and engage with new people and the benefits that that brings in terms of metal health and wellbeing. 

Our activity in this reporting period is detailed below: 

## **Football Activity** 

Having a Community Development Officer for the full year allowed us to access funding from the SFA and other providers to initiate some additional programmers for children to supplement our core activity. 

## **School Programmes (Additional Support Needs)** 

This project was funded by a grant form Essentia and allowed for weekly coaching sessions at two primary schools with over 60 young children with additional support needs participating in a variety of fun and developmental football related activities. Feedback from teachers, parents, and guardians, and most importantly, the participants themselves, highlights the importance of this programme and reinforces the need for regular physical exercise for children who live with additional support needs. 

## **School Programmes (Mainstream)** 

Following a successful bid to the North Lanarkshire Council Recover programme, we engaged with local primaries in environmental projects. The participants were P6 and P7 and the final submissions from the children showed an excellent awareness of their local environment, understanding of sustainability and a willingness to particate as responsible citizens. 

We successfully bid for funding via Foundation Scotland to support Ukrainian refugee children who were housed in our community. After school engagement in football activity led to their inclusion in our holiday football camps. 

## **Holiday Programmes** 

Our October, Easter and Summer holiday football programmes were a great success with over 500 bookings for children aged 5-14 years old. Fun, friendship, and football were the themes of the camps and participants were put through their paces by qualified and professional coaches. Attendees also had the chance to be ball attendants at Albion Rovers FC first team games. These holiday courses remain one of our core income streams and popular activities. This year, one of the 2 Easter holiday programme weeks was specifically for the children of Ukrainian families with the summer weeks having sponsored places for the Ukrainian children. The families really welcomed and valued their inclusion with the coaches finding the 'next Ronaldo' and the Trustees and volunteers learning a little Ukrainian. To support families, manage the cost-of-living pressures, the Trust continues to keep the charges to a 'per day' basis. 

## **Walking Football** 

The ever-popular Walking Football group ran in three blocks throughout the summer months and attracted 12-21 participants weekly. Providing lovers of the beautiful game with the opportunity to play at a slower and more age and stage related pace, attendees enjoyed the social aspect of football as well as light to moderate physical activity. 

## **Princes Trust LEAP Programme** 

The Trust have excellent relationships with the Princes Trust (now the King's Trust) and we were invited to deliver the LEAP Programme in partnership with the Princes Trust (King's Trust). This is an employability programme aimed at potential school leavers and is designed to support them as they prepare for the world of work, apprenticeship schemes and so on. The programme is also focused on building self-confidence, CV development skills and team working skills. 

Page 2 



Albion Rovers Community Trust 

## Report of the Trustees for the Year Ended 31 August 2024 

## **Princes Trust LEAP Programme** 

The programme had 15 young people from 4 schools attend and the participants engaged in a range of activities including sports coaching, online SFA courses including mental health and well-being and personal development. External providers also delivered health and safety and first aid courses, the latter including 'CPR'. Every participant gained 4 certificates from the SFA, St Andrews Ambulance Association, Albion Rovers Community Trust and the Princes Trust. These were presented at a Celebration Event by the Chairman of the Community Trust and a senior Representative from the Princes Trust. The participants were supported to invite their Head Teachers to attend the celebration event, all of whom were delighted with the outcomes of the programme and the very positive impact on the young people. 

The successful delivery of the LEAP Programme delivered income to the Trust of £6500 and the King's Trust have invited us to run the programme again in January 2025. This is a programme which the Community Trust are delighted to support. 

## **Community Activity** 

## **Buddies** 

This was the first group organised by Rovers in the Community and was established in January 2016. The group consists of 12 to 14 men with an age range from early 20s to early 60s who have a range of physical, learning, and emotional support needs. Many of the group are clients of Key Housing. They meet most Monday mornings at the stadium where they socialise and carry out simple maintenance duties. The group is responsible for their own governance, safeguarding and financial arrangements but the Trust makes significant contributions to support their activities. In addition, and with support, they co-organise trips and activities. These have included: adoption of a local railway station, trips to various seaside towns and activities at a local bowling club and golf driving range. 

## **Men's Shed** 

Men's Shed continues to grow and attracts new members to the group on a weekly basis. Between 10-14 'Shedders' meet at their facility within Cliftonhill Stadium on Wednesday and Friday mornings where they recycle and upcycle scrap materials and produce some garden furniture and decorative features. Tackling social isolation and poor mental health, Men's Shed continues to be a safe, inclusive, and welcoming place for some of Coatbridge's most vulnerable and hard-to-reach men. 

## **Wednesday Walkers** 

Attracting between 20-30 participants on a weekly basis, the Wednesday walking group continues to provide people aged 50-80 years old with the opportunity to participate in light to moderate regular exercise, whilst enjoying the benefits of socializing and feeling part of something special and meaningful. Due to accessibility issues for some of the participants, the Trust sourced an alternative location to base the walkers group. The group is now operating from Dunbeth Bowling Club in Coatbridge. The group are now walking 'as one' in the park and this has truly enhanced the group's cohesion. The Bowling Club is arranging a 'try a sport' event in Spring 2025 so that some of the participants can try their hand at a different physical activity and thereby also have access to another social event. The Bowling Club are also receiving income for our use of their premises and therefore, the Trust is supporting the local community to have ongoing access to a sporting activity. 

Due to change in available funding, we were no longer able to run this activity entirely free of charge. The addition of a café and a nominal charge for drinks and snacks has proven not only popular with the group but is also generating sufficient income for the group to be self-funding. In addition, in August 2024, the group enjoyed a day out at New Lanark where they walked for 30 minutes followed by a lovely afternoon meal. The day out was partly funded by NLC Community Grant and was greatly enjoyed by all in attendance. 

## **Football Memories** 

Meeting on the third Friday of each month, the memories group continues to attract a loyal group of around 16 die-hard Albion Rovers supporters who are aged 40-80 years old and have signs of early stages of memory loss, other health condition or are carers for another. This group continues to be successful, and our volunteers continue to attract former players and managers to attend to share their memories, stimulate discussion and making the event 'feel' like football. The sessions are divided into two 45-minute chats with pie and Bovril served at 'half-time'. All activity is funded £2000 Wee Grant from the Robertson Trust in May 2021. 

Page 3 



Albion Rovers Community Trust 

## Report of the Trustees for the Year Ended 31 August 2024 

## **Thursday Club** 

The Trusts hardy band of loyal volunteers continue to meet every Thursday. The membership is around 8 who are all retired and have had skilled jobs. The group is very successful as the participants get to use their plumbing, electrical, joinery skills in real settings and this adds to their self-worth as well as creating a network of friendships. Having swept the stands, painted the terracing, and whatever else needs done to keep Cliftonhill safe, clean, and operational. Putting back into the club they love, attendees sit down for a lunchtime tea or coffee and have the chance to socialize and enjoy the company of other Rover's supporters, whilst feeling valued, stimulated and part of something meaningful. 

## **Festive Friends** 

We participated again in the SPFL Trust funded Festive Friends programme, electing to provide a hybrid of events with a mix of Christmas parties and filling and distributing hampers. Due to the relegation of Albion Rovers Football Club, SPFL funding will cease and 2023 will be the final year of SPFL Funded Festive Friends. Again, due to the change in fortunes of the football club, SPFL funding was reduced for the 2023 Festive Friends programme. 

For the hamper distribution, we identified participants from our own databases and by liaising with local churches and charitable organisations. We again made a conscious decision that the hampers were to be filled with special 'luxury' items such as Christmas cake, chocolate, quality tinned meat/fish etc and not a food parcel. We also included a Christmas card and gift voucher. 

The hamper initiative proved to be a great success again with hampers and gifts being delivered to 20 individuals, some through other organisations. The recipients had been recommended by local churches, local elected representatives, the fans forum, and our own Trust contacts. The hampers have been very well received and there was positive feedback about the initiative. We contributed to the SPFL Trust communications strategy. All agreed that the initiative had been a success and to an extent this format had a more targeted reach than the festive lunch only approach. 

We also facilitated 3 Christmas Parties in December from the Festive Friends funding. The three groups involved in the festivities were Coatbridge Men's Shed, the Buddies and a group of volunteers who support our community activities and fall into the category themselves of being senior citizens, living alone, having health issues or are carers. 

## **FINANCIAL REVIEW** 

## **Financial position** 

## **Funding and Fundraising** 

We organised and ran a successful festive fundraising raffle - again through Just Giving but also physical sales at events. The entire contents of the hamper and other prizes are donated by Albion Rovers Football fans. We raised £1400 and made a donation to a local children/youth sports club. Our volunteers are to be recognised and celebrated for donating the hamper items, for donating other prizes and promoting online sales. 

Due to our reputation gained by participants' endorsements, our widening social media profile, and skilled bidding for grants, we were successful in attracting funding from the Robertson Trust, North Lanarkshire Council, Foundation Scotland. Among other benefits this allowed us to hold or in some cases reduce charges for classes and allow us to offer several 'sponsored' (free) places to schools to send children to our kids' football holiday camps to youngsters from financially challenged families. 

## **Reserves policy** 

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. 

## **FUTURE PLANS** 

- To evaluate and review the outputs of the Community Development Officer role and determine way forward 

- Continue to source external funding streams and opportunities to maintain and develop workstreams 

- Continue to develop work with local schools 

- Develop partnership with other local agencies to work collaboratively in the field of mental health and mitigating against the cost-of-living crisis. 

- Continue to evaluate the social impact of all programmes in tackling social isolation, poverty, and health and 

- well-being. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

Albion Rovers Community Trust is a Scottish Charitable Incorporated Organisation (SCIO) governed by its Constitution. It is registered as a charity with the Scottish Charity Regulator. 

Page 4 



Albion Rovers Community Trust 

## Report of the Trustees for the Year Ended 31 August 2024 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees** 

Trustees are chosen from the membership of the organisation and have a variety of skills which can be utilised by the charity in furtherance of its objectives. Board members can be appointed at the AGM. At each AGM, a chair, secretary and treasurer are appointed as per OSCR regulations. 

## **Organisational structure** 

The charity is a SCIO as recognised by OSCR. Trustees are chosen from the membership of the organisation and have a variety of skills which can be utilised by the charity in furtherance of its objectives. Board members can be appointed at the AGM. At each AGM, a chair, secretary, and treasurer are appointed as per OSCR regulations. 

Following the successful work in reaching an understanding with other organisations operating under the Albion Rovers brand, we are delighted to have good strong links with Albion Rovers Supporters Trust, Coatbridge Men's Shed and Albion Rovers Buddies. We have continued through 2023/24 to take forward the recommendations from our evaluation in 2022/23 of the social impact of our programmes in tackling social isolation, poverty and improving health and well-being. We have recognised, and been mindful of, the additional impact of cost-of-living pressures on our local population, particularly over the past year in our planning, development and delivery of activities. 

The Community Trust recognise the importance of collecting the narrative together with hard data. Further to the extensive social impact evaluation undertaken in 2022/23, we have continued to gather information from our group participants through 'real time' and 'in the moment' conversations. This approach enables us to take a 'you said, we did' approach to ensuring that the activities continue to meet the needs of our participants. 

As one of the outputs from the social impact work, we have been eager to develop the role of volunteering in our mainstay groups. One example of this has been the development of a 'café' as part of our Wednesday Walkers group. Refreshments and snacks were always provided for this group with the Trustees providing the 'service'. We discussed the idea of having more of a 'café' approach with the participants and having them contribute to a rota to provide more of a 'café approach to the provision of drinks and snacks. This has proven to be both very popular and successful, with the participants describing a greater sense of ownership in the group alongside a hugely positive impact on their self-esteem and self-worth. 

The 2023/2024 year saw a change in fortunes of Albion Rovers Football Club with relegation to the Lowland League. This resulted in the Community Trust losing SPFL funding. 

We recruited a Community Development Officer and continued to do so through 2022 and into 2023. At the beginning of January 2023, our Community Development Officer moved on to take up an exciting career development opportunity, where their work with the Community Trust had strengthened their experience and skills. This, alongside the change in funding from SPFL, enabled us to continue our mindful management of our limited resources and we again recruited a Community Development Officer, this time in a part-time capacity. We managed this as a 'test of change' on a fixed term contract. Again, in March 2023, our Community Development Officer moved on to other opportunities, demonstrating that the Community Trust and its programmes of work, activities and development not only support the local community but also those who work with us to develop. 

The Trust decided to take stock and to engage in a further 'test of change' and operate its activities through the Trustees supported by volunteers, with a planned strategic review of the way forward to be completed by January 2025. Whilst we have recognised the value of the role of Community Development Officer, the Trustees also recognize the value of volunteer-led activity and that this is an important aspect of us both growing our organisation and being able to offer wider opportunities to our community. 

## **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. 

Page 5 



Albion Rovers Community Trust 

Report of the Trustees for the Year Ended 31 August 2024 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** SC046671 

## **Principal address** 

Reigart Stadium, Main Street Coatbridge Lanarkshire ML5 3RB 

## **Trustees** 

**Independent Examiner** Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA 

Approved by order of the board of trustees on ..[A] ..[p] ..[r] ..[2] ..[1] .[,] ..[2] ..[0] .[2] ..[5] _[ ............... ]_ and signed on its behalf by: 


Page 6 



## Independent Examiner's Report to the Trustees of Albion Rovers Community Trust 

I report on the accounts for the year ended 31 August 2024 set out on pages eight to fifteen. 

## **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. 


Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA 

Apr 22, 2025 ..................... Date: ........................ 

Page 7 



## Albion Rovers Community Trust 

## Statement of Financial Activities for the Year Ended 31 August 2024 

|Unrestricted<br>Restricted<br>funds<br>funds<br>Notes<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>**8,572**<br>**-**<br>**Charitable activities**<br>Albion Rovers Community Trust<br>**4,050**<br>**14,135**<br>**Total**<br>**12,622**<br>**14,135**<br>**EXPENDITURE ON**<br>Raising funds<br>**6,356**<br>**5,285**<br>**Charitable activities**<br>Albion Rovers Community Trust<br>**5,666**<br>**8,850**<br>**Total**<br>**12,022**<br>**14,135**<br>**NET INCOME/(EXPENDITURE)**<br>**600**<br>**-**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**14,062**<br>**200**<br>**TOTAL FUNDS CARRIED FORWARD**<br>**14,662**<br>**200**|**2024**<br> **Total**<br>**funds**<br>**£**<br>**8,572**<br>**18,185**<br>**26,757**<br>**11,641**<br>**14,516**<br>**26,157**<br>**600**<br>**14,262**<br>**14,862**|2023<br> Total<br>funds<br>£<br>8,646<br>15,770<br>24,416<br>19,555<br>11,596<br>31,151<br>(6,735)<br>20,997<br>14,262|
|---|---|---|



The notes form part of these financial statements 

Page 8 



## Albion Rovers Community Trust 

|**CURRENT ASSETS**<br>Balance Sheet<br>31 August 2024<br>Unrestricted<br>Restricted<br>funds<br>funds<br>Notes<br>£<br>£<br>Debtors<br>4<br>**172**<br>**-**<br>Cash at bank and in hand<br>**15,373**<br>**200**<br>**15,545**<br>**200**<br>**CREDITORS**<br>Amounts falling due within one year<br>5<br>**(883)**<br>**-**<br>**NET CURRENT ASSETS**<br>**14,662**<br>**200**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**14,662**<br>**200**<br>**NET ASSETS**<br>**14,662**<br>**200**<br>**FUNDS**<br>6<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|**2024**<br>**Total**<br>**funds**<br>**£**<br>**172**<br>**15,573**<br>**15,745**<br>**(883)**<br>**14,862**<br>**14,862**<br>**14,862**<br>**14,662**<br>**200**<br>**14,862**|2023<br>Total<br>funds<br>£<br>422<br>14,812<br>15,234<br>(972)<br>14,262<br>14,262<br>14,262<br>14,062<br>200<br>14,262|
|---|---|---|



The financial statements were approved by the Board of Trustees and authorised for issue on ..[A] ..[p] ..[r] ..[2] ..[1] ..[,] .[2] ..[0] ..[2] ..[5] _[ ........... ]_ and were signed on its behalf by: 


The notes form part of these financial statements 

Page 9 



Albion Rovers Community Trust 

## Notes to the Financial Statements 

for the Year Ended 31 August 2024 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, 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 Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention. 

## **Financial reporting standard 102 - reduced disclosure exemptions** 

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': 

- the requirements of Section 7 Statement of Cash Flows. 

## **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. 

Cash donations are recognised on receipt. Other donations are recogmised once the charity has been notified if the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

## **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. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. All funds are unrestricted for the current period but have been shown as specific charitiable activities to provide a more full understanding of the figures contained within the financial statements. 

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. 

## **Pension costs and other post-retirement benefits** 

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

continued... 

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Albion Rovers Community Trust 

## Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. 

## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|Unrestricted<br>Restricted<br>funds<br>funds<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>8,646<br>-<br>**Charitable activities**<br>Albion Rovers Community Trust<br>7,950<br> 7,820<br>**Total**<br>16,596<br> 7,820<br>**EXPENDITURE ON**<br>Raising funds<br>11,580<br>7,975<br>**Charitable activities**<br>Albion Rovers Community Trust<br>8,448<br> 3,148<br>**Total**<br>20,028<br>11,123<br>**NET INCOME/(EXPENDITURE)**<br>(3,432)<br>(3,303)<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>17,494<br>3,503<br>**TOTAL FUNDS CARRIED FORWARD**<br>14,062<br>200<br>**4.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>**2024**<br> <br>**£**<br>Tax<br>**172**|Total<br>funds<br>£<br>8,646<br>15,770<br>24,416<br>19,555<br>11,596<br>31,151<br>(6,735)<br>20,997<br>14,262<br>2023<br>£<br>422|
|---|---|



continued... 

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Albion Rovers Community Trust 

## Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Other creditors|**2024**<br>**£**<br>**883**|2023<br>£<br>972|
|---|---|---|



## **6. MOVEMENT IN FUNDS** 

|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.9.23|in funds||
|||31.8.24||
|**Unrestricted funds**|£|£|£|
|General fund|**6,501**|**600**|**7,101**|
|Festive Friends|**1,125**|**-**|**1,125**|
|Trust Trophy Grant|**4,083**|**-**|**4,083**|
|NLC Com Grant|**56**|**-**|**56**|
|NLC Winter Extra|**2,297**|**-**|**2,297**|
||**14,062**|**600**|**14,662**|
|**Restricted funds**||||
|NLC Recover|**200**|**-**|**200**|
|**TOTAL FUNDS**|**14,262**|**600**|**14,862**|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|**8,572**|**(7,972)**|**600**|
|Festive Friends|**1,550**|**(1,550)**|**-**|
|Robertson Trust|**2,500**|**(2,500)**|**-**|
||**12,622**|**(12,022)**|**600**|
|**Restricted funds**||||
|NLC Recover|**3,000**|**(3,000)**|**-**|
|SFA Grant|**2,000**|**(2,000)**|**-**|
|Foundation Scotland|**2,635**|**(2,635)**|**-**|
|Princes Trust|**6,500**|**(6,500)**|**-**|
||**14,135**|**(14,135)**|**-**|
|**TOTAL FUNDS**|**26,757**|**(26,157)**|**600**|



continued... 

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Albion Rovers Community Trust 

Notes to the Financial Statements - continued for the Year Ended 31 August 2024 

## **6. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|**Comparatives for movement in funds**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.9.22|in funds|31.8.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|11,709|(5,208)|6,501|
|Festive Friends|370|755|1,125|
|Trust Trophy Grant|4,200|(117)|4,083|
|Robertson Trust|1,215|(1,215)|-|
|NLC Com Grant|-|56|56|
|NLC Winter Extra|-|2,297|2,297|
||17,494|(3,432)|14,062|
|**Restricted funds**||||
|NLC Recover|200|-|200|
|SPFL funded activities|3,303|(3,303)|-|
||3,503|(3,303)|200|
|**TOTAL FUNDS**|20,997|(6,735)|14,262|
|Comparative net movement in funds, included|in the above are as follows:|||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|8,145|(13,353)|(5,208)|
|Festive Friends|2,100|(1,345)|755|
|Trust Trophy Grant|-|(117)|(117)|
|Robertson Trust|2,501|(3,716)|(1,215)|
|Barclays Sported Grant|500|(500)|-|
|NLC Com Grant|950|(894)|56|
|NLC Winter Extra|2,400|(103)|2,297|
||16,596|(20,028)|(3,432)|
|**Restricted funds**||||
|SFA Grant|600|(600)|-|
|SPFL funded activities|3,620|(6,923)|(3,303)|
|NLC Winter|3,600|(3,600)|-|
||7,820|(11,123)|(3,303)|
|**TOTAL FUNDS**|24,416|(31,151)|(6,735)|



continued... 

Page 13 



Albion Rovers Community Trust 

## Notes to the Financial Statements - continued 

for the Year Ended 31 August 2024 

## **6. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.22|in funds|31.8.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|11,709|(4,608)|7,101|
|Festive Friends|370|755|1,125|
|Trust Trophy Grant|4,200|(117)|4,083|
|Robertson Trust|1,215|(1,215)|-|
|NLC Com Grant|-|56|56|
|NLC Winter Extra|-|2,297|2,297|
||17,494|(2,832)|14,662|
|**Restricted funds**||||
|NLC Recover|200|-|200|
|SPFL funded activities|3,303|(3,303)|-|
||3,503|(3,303)|200|
|**TOTAL FUNDS**|20,997|(6,135)|14,862|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|<br>as follows:||||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|16,717|(21,325)|(4,608)|
|Festive Friends|3,650|(2,895)|755|
|Trust Trophy Grant|-|(117)|(117)|
|Robertson Trust|5,001|(6,216)|(1,215)|
|Barclays Sported Grant|500|(500)|-|
|NLC Com Grant|950|(894)|56|
|NLC Winter Extra|2,400|(103)|2,297|
||29,218|(32,050)|(2,832)|
|**Restricted funds**||||
|NLC Recover|3,000|(3,000)|-|
|SFA Grant|2,600|(2,600)|-|
|SPFL funded activities|3,620|(6,923)|(3,303)|
|NLC Winter|3,600|(3,600)|-|
|Foundation Scotland|2,635|(2,635)|-|
|Princes Trust|6,500|(6,500)|-|
||21,955|(25,258)|(3,303)|
|**TOTAL FUNDS**|51,173|(57,308)|(6,135)|



The first restricted fund is North Lanarkshire Council Recover, restricted to providing environmental work. 

The second restricted fund is SFA Grant, restricted to resurfacing the community pitch. 

continued... 

Page 14 



Albion Rovers Community Trust 

## Notes to the Financial Statements - continued 

for the Year Ended 31 August 2024 

## **6. MOVEMENT IN FUNDS - continued** 

The third restricted fund is SPFL funded activities, restricted to providing a variety of community based activities. 

The fourth restricted fund is NLC Winter, restricted for a Warm Spaces programme activities which run from January to March. 

The fifth restricted fund is Foundation Scotland, restricted to providing variety of activities to Ukrainian refugee children. 

The sixth restricted fund is Princess Trust, restricted to providing employability programme aimed at potential school leavers. 

## **7. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 August 2024. 

Page 15 



Albion Rovers Community Trust 

## Detailed Statement of Financial Activities for the Year Ended 31 August 2024 

|for the Year Ended 31|August 2024||
|---|---|---|
||2024|2023|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**621**|2,279|
|Activities|**7,951**|6,367|
||**8,572**|8,646|
|**Charitable activities**|||
|Grants|**18,185**|15,770|
|**Total incoming resources**|**26,757**|24,416|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Wages|**11,450**|19,250|
|Pensions|**191**|305|
||**11,641**|19,555|
|**Charitable activities**|||
|Costs for providing activities|**13,128**|9,543|
|**Support costs**|||
|**Governance costs**|||
|Insurance|**206**|200|
|Telephone|**114**|135|
|Sundries|**-**|878|
|Accountancy and legal fees|**1,068**|840|
||**1,388**|2,053|
|Total resources expended|**26,157**|31,151|
|**Net income/(expenditure)**|**600**|(6,735)|



This page does not form part of the statutory financial statements 

Page 16 



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