MACHAN TRUST REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2025 Charity No. SC049358 THE MACHAN TRUST TRUSTEES, REPORT Year Ended 31. March 2025 The Trustees have pleasure in presenting their report and accounts for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting polices set out in the notes to the accounts and comply with 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 Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. OBJECTIVES AND ACTIVITIES The Machan Trust was formed in 1998 in response to concerns about the well-being of children and young people in the area. The Trust area has experienced economic decline and increasing levels of deprivation. The ongoing aim of the Trust is to make a positive difference to the life chances of children and young people in the Larkhall area by providing them with activities, experiences and opportunities, and by so doing building a stronger community. We now work with over 800 children and young people aged between 5 and 18 years and directly with their families and carers. The Trust uses the framework of the UN Convention on the Rights of the Child as key principles. The Trust fully subscribes to the principles of social justice and social inclusion as set out by the Scottish Government and implemented by South Lanarkshire Council and NHS Lanarkshire. We retain the highest standards in relation to child protection and stsff tenns and conditions. The year 202412025 has been one of continuing change for the Trust. We have dealt with the continuing cost of living crisis which has reduced fLJnding, but increased demand for activities. The strategies of the Machan Trust are: Vision - building stronger, resilient children, families and communities. Mission - working together with communities, we support and inspire children, young people and families to thrive. Values - we will treat everyone with dignity, inclusion and respect. The Trust is fully committed to the partnership work we have established with local schools, South Lanarkshire Council, other local and national third sector organisations, local churches, community organisations and public service organisations, such as Police Scotland and the Scottish Fire and Rescue Service. The Trust's activities are open to all, and this includes work with the most deprived 5 % - 200/0 of the community. Our ethos is to be inclusive, therefore removing any stigma and working for the whole community, not just some members. THE MACHAN TRUST TRUSTEES, REPORT (continued) Year Ended 31" March 2025 OBJECTIVES AND ACTIVITIES (continued) The Machan Trust encounters numerous examples of children and young people not reaching their potential due to disrupted family situations, poverty. and the lack of aspiration of adults and peer group. Through fun and interactive activities, The Machan Trust works to raise aspirations, develop social skills, and teach new skills, building strong relationships and resilience for any challenges faced. Activities are free and provide a wam space, food, and are open to all. Through fun and interactive activities, we work to raise aspirations, develop social skills, and teach new skills, building strong relationships and resilience for any challenges faced. We provide food at every activity. We run breakfast, lunch, after school and family groups. Children's groups and Youth Groups. We also work with many ethnic minorities and with the LGB TQI+ community. Our work is diverse and includes working with families from Nigeria, Poland, Sri Lanka, Italy> Ukraine and from the large, local Gypsy I traveller Community. The Machan Trust early intervention projects have a major impact on the lives of many children, young people, families, and the community. Feedback confims that participants feel that they are happier, healthier, and more confident as a result of accessing activities. Volunteers have learned many new skills, accessed trainÉng, and have increased employability prospects. ACHIEVEMENTS AND PERFORMANCE 202412025 Highlights We continued to deliver our usual breakfast clubs throughout this reporting period with an increase in uptake funded by South Lanarkshire Council and Greggs, to families with whom we work. We continue to have a focus on the recruitment, training and development of our volunteers. Our Volunteer Coordinator is focused on recruiting further volunteers to support our work. We have been very active in supported volunteering to enable those with additional barriers to volunteer. This past year has seen 20 volunteers enter the workplace. The Trust continues to work in partnership with the local community through a wide range of groups and organisations locally, Our family work includes crafts, cooking, first aid and mental health support. We provide volunteering opportunities for the local community and university placements as well as employability support for young people and those who have left school also. We run family groups for caregivers accompanying pre fives and groups after school for entire families, to support homework. craft activities, games and provide food. THE MACHAN TRUST TRUSTEES, REPORT (continued) Year Ended 31. March 2025 ACHIEVEMENTS A]ND PERFORMANCE 202412025 Highlights (continued) The Machan Trust has continued to run after school groups, holiday activities and evening groups. These activities encourage resilience, making healthy choices, mental health support, socialising, and peer support, at children and youth groups. These groups provide, craft activities, games, sports, cooking, food, homework support and much more. The Machan Trust runs holiday clubs to provide activities as well as special activities such as a colour battle, football fun day or music evening etc. Our work in Strutherhill and in other areas of Larkhall is increasing. We support a number of families with over 30 families attending weekly family groups in 2 venues and over 60 children attending the after school groups each week from a mixture of schools. Our annual Breakfast With Santa was very successful. It was provided free of charge to over 240 children and adults. We worked in partnership with Larkhall Thistle to provide a family football fun day, with great success. Our Easter Holiday club and summer holiday hub were very busy with over 70 chÈldren attending each day. Feedback was extremely positive with children reporting an increase in self esteem and health and wellbeing. The Tnisteeq would like to thank all our staff, sessional workers and the 50 volunteers who have continued to support the work of the Trust during this continuing challenging period. PLANS FOR FUTURE PERIODS Looking ahead to the future the Trust will continue to build on the holistic approach taken with families. We would look to develop this approach and increase our partnership working. We are keen to move towards a seamless approach to our early intervention work, which will follow families from pre-school to beyond school years and into employability support. We will also continue to be child and young people led, by consulting regularly with the families we work with, developing our services and meeting local needs. We will extend our services into the Stonehouse area as a pilot has proven the need for a family and children, s group. We are working to improve our food provision for families in poverty and in working poverty. We will continue to provide food at all activities and increase the support we can give for emergency food provision. THE MACHAN TRUST TRUSTEES, REPORT (continued) Year Ended 31" March 2025 FINANCIAL REVIEW Income for the year was £146,581 (prior year £142,008) and expenditure was £139,809 (prior year £228,529) resulting in a surplus in the year of £6,772. The funds carried forward to further benefit the young people within our community were £11,303. The Trust continues to benefit from grant support from a number of bodies as shown on page 12. RISK MANAGEMENT The Trust has developed a risk register which is reviewed and updated on a regular basis by the Board. The Trust's activities rely primarily on the receÉpt of significant external grant funding. Should that funding reduce by a material amount the range of activities offered to children and young people in the area would have to be curtailed. The CEO and Trustees are constantly applying to various bodies for financial support and have a good track record in this regard. Another major risk is the ability to recruit and retain key staff. Recent experience has shown that qualified and experienced personnel are available in the market place and that the Trust is regarded as a gyood employer. Staff turnover in recent times has been higher than usual but has not been a significant problem. RESERVES POLICY It is the policy of the Trust to maintain unrestricted funds at a level to provide sufficient funds to cover management, administration and support costs to ensure the continuation of the Trust in the medium tem]. The level of funds carried forward does not meet this policy and the Trustees intend to build up the level of reserves when time allows. STRUCTURE, GOVERNANCE AND MANAGEMENT The Trust is a registered Scottish Charity no. SC049358. The Trnstees, for the purposes of Charity Law, are listed below. They are people with a local connection who share a commitment in making a difference to young people within Larkhall and the surrounding areas of Ashgill, Netherburn and Stonehouse, by offering positive choices. The Trustees meet approximately quarterly with further ad hoc meetings as required. THE MACHAN TRUST TRUSTEES, REPORT (continued) Year Ended 31st March 2025 ADMINISTRATIVE INFORMATION PRINCIPAL BANKER Bank of Scotland 39 Union Street I.1￿kh¢ll I ML9 IDT THE MACHAN TRUST TRUSTEES? REPORT (continued) Year Ended 31" March 2025 TRUSTEES, RF,SPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMKNrs Thc trustees are responsible for preparing a tr￿￿tees. annual report and financial statement.s in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Gencrally Acceptcd AccounLinLF Practice). The law appliLable to charities in Scotland require the charity truslees to prepare financial statcmcnts for each year which show a true THE MACHAN TRUST BALA￿c.￿ SHF.ET T 31sl MARCH 2025 Note 2025 2024 Fixed A￿ets TangÈbl¢ fixed assets Investments Current Assets Sundry dcbiors Bank & cash balances 1.225 36.343 37.5C)8 45 48,666 48,711 Current Liabililiey Deferred Income fjue within onc year {21.068) .5.197 (26,265) (42,817) (1,-36. 44,180 Net Currenl Assets 11,303 4,531 11.303 4,531 The Fund f tht Ch Unre8tric*ed Funds 11,303 4,531 Restricted Fund$ Endowment Trunds T tal Tr'unds 1.303 4.531 The financial staiements were approved by th¢ Tiuslec5 on 15 DKember 2025 and signed on iheir bchalf by - Date '. 23 De￿mber 2025 THE MACHAN TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 The principal accounting policies, which have beeen applied consistently in the Current and preceding year in dealing with it¢ms which are Considered material to the accounts, are set out below. l AccouKfiNG POLICIES (a) Basis of Preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in Ihe UK and Republic of Ireland {FRS 102) issued on 16 July 2014, the CharitAes and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as (b) Fund accounting Funds are classified as either restricted funds, endowment funds or unrestricted funds. defined as follows . Restricted ￿ndS are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created ihrough legal process, but still within the wider objects of the charity. In th¢ c&se of The Machan Trust there ar¢ no restricted funds ai the balance sheet date. Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income th¢refrom is used in accordance with the objects of the charity. In the case of The Machan Trust the.re. 8re. nn e.nAnwmp.nt fiindq Unrestricted funds are expended at the discretion of the Trustees in furtherance of the objects of the charity. If part of the unrestricted funds is eamiarked at the discretion of the Trustees for a particular purpose, it is designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the Trustees, discretion to apply the funds. In the case of The Machan Trust there are no designated funds at the balance sheet (c) Incoming Resources Income 15 recognised when the charity has entitlement to the funds, any perfonnance conditions attached to the items of income have been met, it is probable that the income will be recetved and the amount can be measured (d) Interest Receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is nomially upon notification of the interest paid or payable by th¢ bank. (e) Resoureeg Expended Expenditure is recognised on an accruals basis as the liability is incurred. Expenditure on charitable activities comprises those costs inCu￿ed by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that Can be allocated directly to such activities and costs of an indirect nature necessary to SUPPOrt them. (fj Taxation The Machan Trust is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activiti¢s. Th¢ charity is not regislered for VAT and r¢sources expended therefor¢ include irrecoverabl¢ input VAT. th￿00 00 ¢0￿(y oooo Jr ooootyotso OOOQC+OtsO 0￿1 8888"8- C•oT (o ( 000￿) ry ¢D￿(wO0j Ln C•oooo 4>00) C+OO 0oooty)000 00000 CC* oth(I>o¢Doo 0 ¢7> Ill CZ5 L)w2>zufJUC£ 12 THE MACHAN TRUST NOTES TO FINANCIAL STATEMENTS Continued For the ear to 31 March 2025 2025 2024 Staff Costs and Numbers Salaries and national insurance Sessional workers Pension costs Travel cosls 98,903 10.796 6.563 27 118,289 176,287 15.896 11.144 365 203,692 The average number of paid staff during the year, calculated on the basi5 Of a head count, was - No employee had 8mployee benefits in excess of £50,000 (2024 nil). 6 Trusteo Remuneratlon and Related Party Tran8action8 No Trustee received any remuneration or were paid any 8XP8nses durfng the year. No Trustee or a person related to a Truste8 had any personal interest in any contract or transaction entered into by the charity during the year. 7 Tangible flxed a88ets The Machan Trust owns no assets. Offic8 accommodation is provided by Larkhall New Parish ChU￿h. 2024 8 Debtorn Gift Aid Tax Refund Due Other Debtors 1,225 45 1,225 45 9 Crodltor8 Deferred income Due within one year- PA YE and national insurance Other a￿rualS 21,068 42,817 1.297 3,900 5,197 1,013 350 1,363 10 Analysls of Net Assets Among Fund8 Restricted nrestricted Total Fixed Assets Investments Current Assets Current Liabilities Net A88ets at 31 March 202S 16,668 -16,668 20,9C￿l -9.597 11.303 37,568 -26,265 11,303 13 THE MACHAN TRUST NOTES TO FINANCIAL STATEMENTS Continued For the ear to 31 March 2025 11 Movement in Funds Balance at 0110412024 Incoming Resources Outgoing Resources Balance at 3110312025 Restricted Funds 77,395 -77,395 Unrestrlctsd Funds 4,531 69,186 -62,414 11,303 Total Fund8 4,531 146,581 -139,809 11,303 Pur ose of Restrlcte The Trust's work among young people and t"amilies can be broken down to four main categories which are tunded by restricted grants trom various external grant awarding bodies (see Note 3 on page 12) as tollows Youth Work Activities - tunded by he (iannochy 'l'rust and National Lottery. Children's Work Activities - funded by Greggs Foundation and Children's Lottery. 2ichool Ilreaklast clubs and Holfiday Project Losts - tunded by South Lanarkshire Louncil. amilies Work Activities - tunded by V ASLAN. 12 Volunteers In common with many other third sector organisations The Machan Trust benetits trom the contribution made by the many volunteers who give their time and talents willingly tor the benetit ot. the charity. 'I"he areas ot'activity which rely on the contribution ot. volunteers are many and varied and much ot'these activities would be unable to continue were it not tor the commitment shown. 14