**REGISTERED COMPANY NUMBER: SC051013 (Scotland) REGISTERED CHARITY NUMBER: 051013**
Report of the Trustees and
Financial Statements for the Year Ended 30 June 2024
for
Bothwell Futures
Bothwell Futures
## Contents of the Financial Statements for the Year Ended 30 June 2024
||Page|
|---|---|
|Report of the Trustees|1 to 6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9 to 10|
|Notes to the Financial Statements|11 to 19|
|Detailed Statement of Financial Activities|20|
Bothwell Futures
## Report of the Trustees
for the Year Ended 30 June 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 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**
Bothwell Futures was initiated and facilitated by the Bothwell Community Council after engaging with several local activity groups and businesses to understand what was needed to support and develop the village. A representative Steering Group was set up in February 2020 with the purpose of listening to the community and then developing a 20 Year Strategic Community Action Plan.
This plan was completed and tested with the community through an engagement programme (difficult because of COVID) resulting in the document being signed off in December 2021.
The core vision was to make Bothwell a better place to live, work and visit through our focus areas of:
- Understanding & delivering the needs and aspirations of "ALL" the people of Bothwell
- Developing and growing the community through engagement & consultation.
- Building on Bothwell as an excellent place to live, work and visit
- Encouraging an inclusive community & culture. Nurture it and maximise benefits.
- Supporting our vulnerable people and families so they feel included and not isolated
- Working with and supporting all our stakeholders but especially our residents and businesses
- Understanding, growing and developing the assets of Bothwell
- Being "innovative" in our village & community improvement projects
- Continuing to develop the perception of Bothwell as a place to live, work & visit.
- Ensuring Bothwell is a "SMART" village that has a positive attitude towards the green & environmental agenda
- Works towards Bothwell having control over its key assets through ownership or partnership, being driven by a
- sustainable business & funding model
Page 1
Bothwell Futures
## Report of the Trustees
for the Year Ended 30 June 2024
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
This year has been exciting but also challenging as the austerity measures throughout the country resulted in the possibility of losing our Library less than 12 months after announcing its opening. However, by working with South Lanarkshire Council we managed to save the Library for at least another 12 months. Additionally, in August 2024, (post the year end at 30 June 2024), we took on the Bothwell Community Hall on a one year lease to test if we can turn it into a sustainable asset before moving into a full Community Asset Transfer. We are planning to undertake a Strategic Plan for the hall to allow the Board of Trustees to make a decision, relative to benefits to the community against overall financial sustainability.
However, a cautionary note is that funding challenges continue to bite hard in local authorities and we may well see further challenges to the community, especially in leisure and culture in 24/25.
The Community HUB continues to be an important focal point for Bothwell with an increased number of programmes including:
- Chair Yoga
- Yoga
- Carer Support Workshops
- Music Classes including support for children from challenged areas
- Maths for Parents
- Employability workshops for 16 year pupils with no positive destination after school
- With support from VasLan we continued to provide support for those people with Mental Health challenges in our
- community
Other activities such as Junior Chess classes, Book Bug and other Literacy activities, Book Club and Out of School activities have proved very popular. We had over 11,000 visits to the HUB in this year. The HUB has also played host to local groups such as the Brighter Bothwell, Bothwell Horticultural Society, Bothwell Twining and Bothwell Historical and Heritage Group that was re-established mainly through Bothwell Futures this year.
As we continue in our drive towards Net Zero we have introduced a number of energy saving improvements in the HUB. We are also looking at how we can improve our activities to ensure we are more environmental friendly.
The Food and Toiletries Larder, the Monday Lunch Café and the Afternoon Tea in their first year of providing support across all members of our community had over 2,500 attendees.
Bothwell Futures partnered with Bothwell Parish Church and Bothwell Scarecrow Festival to deliver the annual Summer Fete and St Brides Catholic Church to deliver our very important Cost of Living Day Support Events. Many of our events are successful because of the great support we receive from all our political representatives and executives especially those at South Lanarkshire Council.
Since 30 June last year we have contracted with an Architect Team to undertake a feasibility review of the Wooddean Sports Area and the Wooddean Team shortly hope to present potential options to our community for the sports space.
We continue to deliver these outcomes with a small executive team now equivalent to 3 fulltime employees, so we are exceptionally dependent and appreciative on our hard working and devoted volunteer base.
Page 2
Bothwell Futures
## Report of the Trustees
for the Year Ended 30 June 2024
## **FINANCIAL REVIEW**
## **Funding sources**
The funding sources to enable the charity to achieve its objectives include:
- South Lanarkshire Council
- Paterson Quarries Limited through the Scottish Landfill Communities Fund administered by Land Trust
- Development Trust Association Scotland
- Scottish Land Fund
- The Architectural Heritage Fund
- The National Lottery Community Fund
- Voluntary Action South Lanarkshire
- ASDA Foundation
- Bothwell Community Council
- Arnold Clark Community Fund
- Good Neighbourhood Fund
- The Robertson Trust
- Miller Homes Community Fund
## **Reserves policy**
The commencement of the HUB's various activities in August 2023 had brought in a total income of £36k by 30 June 2024. In addition, we have also continued to receive essential grant support. In the Year to 30 June 2024, we received £157k in grants, from some 10 different grant sources. This brought the total grants received since the commencement of activities to £842k. We are grateful to each of the organisations concerned for their support.
In total, available and committed funds are sufficient to enable the charity to continue its current scope of activities, including those based at the Bothwell Community Hall, and we continue to monitor the position with regards to future public funding.
Looking forward, in terms of cash resources, the charity remains comfortably in funds, with grant support ongoing and the Hub now in full-scale operation.
Income from Restricted Funds in excess of qualifying expenditure is credited to reserves.
Page 3
Bothwell Futures
## Report of the Trustees
## for the Year Ended 30 June 2024
## **FUTURE PLANS**
The Futures Aims and Objectives are still as per the 20 Year Strategic Community Action Plan produced in 2021 and based on 3 Themes:
1. The Bothwell Experience
2. Bothwell Past and Present
3. Sustainable Bothwell
The Major Capital Projects and Timescales are as follows:
## Bothwell Community HUB
To be completely sustainable and not dependent on grants by 2026/27 with a balance of commercial and community benefit activity as agreed in our Community Asset Transfer with SLC.
## Bothwell Community Hall
1. To develop a Business Operating plan for a Music, Dance & Events Centre within the Hall and undertake a Community Asset Transfer with SLC.
2. Expand the space by at least 50% to improve business sustainability
Wooddean Community Sports Area (Wooddean Park in Bothwell phase 3)
1. Develop a Feasibility (including community options) and Architects Plan (+other consultants) to RIBA 2
2. Raise Funding
3. Start work on site to have operational 2027/28
## Outside of these capital projects Bothwell Futures will:
- Continue to undertake people related projects that will encourage inclusion and engagement within the community with a particular focus on our vulnerable groups
- Undertake projects and programmes for ALL including
- Health & Wellbeing
- Creative Activities (dance, music, art & crafts)
- Historical and Heritage of Bothwell
- Increase sporting activities for our young within Bothwell
- Supporting Bothwell's drive to sustainability and net zero
- Regularly review activities and develop new objectives that support our young, young families and vulnerable families and people
- Continue to provide support activities such as the Food Larder. Cost of living Days and the Community Café for vulnerable people. We are also looking to introduce proactive engagement days for you children and their parents. - Supporting our successful activity groups including the Scarecrow Festival, Brighter Bothwell, Bothwell Horticultural Society, Bothwell Historical & Heritage Society. Bothwell Twinning Association etc
Our Overriding Objective & Aim is to make Bothwell a "Better Place to Live, Work and Visit by Working Together".
In August 2024 Bothwell Futures took on a Community Asset Light 1-year lease of Bothwell Community Hall to ensure its long term security within Bothwell. It is our intention to either complete a full Community Asset Transfer or enter into a long term lease. We have appointed an architect groups to develop a Feasibility Option for the asset.
An architect’s team is in place an undertaking an engagement process with the community before completing their Feasibility Plan for the Wooddean Sports Area. It is our intention to enter a full Community Asset Transfer to safeguard the asset for the community
Bothwell Futures continues to put a major emphasis on health & wellbeing within the community and that will be enhanced in future years with a commitment to further groups including people living with dementia, a club for men (especially elderly), music and dance for all which will have a focus for on families within challenged areas.
Bothwell Futures are completing a pilot in April 2025 of an Employability Programme for 16 year old local pupils who have no definite employment destination by working with our schools and employers. Success criteria is looking extremely positive and it would be our intention to look for funds to extend this excellent focus.
Page 4
Bothwell Futures
for the Year Ended 30 June 2024
## Report of the Trustees
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
Bothwell Futures was registered as a Two Tier Scottish Charitable Incorporated Organisation (SCIO) on 02 June 2021.
The structure of the organisation is twofold:
1) The Members (approximately 115 at time of reporting) appoint the Board of Trustees at the AGM and have overall responsibility for the Constitution and compliance of Bothwell Futures to the aims of the organisation, legislation and delivery against budget.
2) The Board appoint the Charity Trustee Officers (Chair, Vice Chair, Secretary and Treasurer and can also Co-opt Board Members to meet required skills in delivering their duties. The Board has maximum of 16 members, 3 of which can be co-opted.
The people serving on the Board are referred to in the constitution as Charity Trustees and they are also the Members of the organisation for the purposes of the Charities & Investment (Scotland) Act 2005.
The Board has a signed off a rotation & re-election of Members Policy Document in line with the terms of the Constitution.
The next AGM is planned to take place on 25th April 2024.
## **Recruitment and appointment of new trustees**
The Constitution and Retiral of Trustees Policy Document determines the appointment and retiral of a Charity Trustee(s). The Members appoint the Board of Trustees and that Board appoint the Office Bearers. The Constitution states that there is a maximum of 16 Trustees. 9 Trustees can be appointed and a further 3 Board Trustees can be co-opted by the Board of Trustees. In this year 1 Board Member was co-opted onto the Board resulting in 11 Board Members.
## **Risk management**
The rate of inflation and cost of fuel has become a major challenge for Bothwell Futures especially as we try to complete the building project at Bothwell Library Building. The present economic situation could rightly encourage Government to redirect funds to supporting poverty and cost of living challenges. This will naturally make fund raising for capital projects all the more difficult.
The rapidly increasing inflation and fuel poverty will greatly increase mental health challenges and isolation in the community. This will rightly take up a disproportionate amount of our time and efforts for the foreseeable future, reducing our volunteer commitments to other identified opportunities and slow down our development. It may also challenge the availability of the required volunteer base as residents focus on meeting their own challenges.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Company number** SC051013 (Scotland)
## **Registered Charity number**
051013
## **Registered office**
62 The Fairways Bothwell Lanarkshire G71 8PA
Page 5
Bothwell Futures
Report of the Trustees for the Year Ended 30 June 2024
## **Independent Examiner**
Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA Mar 28, 2025 Approved by order of the board of trustees on .............................................. and signed on its behalf by:
Page 6
## Independent Examiner's Report to the Trustees of Bothwell Futures
I report on the accounts for the year ended 30 June 2024 set out on pages eight to nineteen.
## **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.
The Institute of Chartered Accountants of Scotland
Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA Date: ..[M] ...[a] .[r] ..[2] ..[8] ..[,] ..[2] ..[0] ..[2] ..[5] .........................
Page 7
## Bothwell Futures
## Statement of Financial Activities for the Year Ended 30 June 2024
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**12,863**
Investment income
2
**26,586**
**Total**
**39,449**
**EXPENDITURE ON**
Raising funds
3
**20,350**
Other
**6,176**
**Total**
**26,526**
**NET INCOME**
**12,923**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**2,720**
**TOTAL FUNDS CARRIED FORWARD**
**15,643**|Restricted
funds
£
**103,371**
**-**
**103,371**
**103,371**
**-**
**103,371**
**-**
**8,145**
**8,145**|**2024**
**Total**
**funds**
**£**
**116,234**
**26,586**
**142,820**
**123,721**
**6,176**
**129,897**
**12,923**
**10,865**
**23,788**|2023
Total
funds
£
106,068
4,025
110,093
101,677
5,631
107,308
2,785
8,080
10,865|
|---|---|---|---|
The notes form part of these financial statements
Page 8
## Bothwell Futures
## Balance Sheet 30 June 2024
|**FIXED ASSETS**
Unrestricted
funds
Notes
£
Tangible assets
8
**83,746**
**CURRENT ASSETS**
Debtors
9
**9,050**
Cash at bank and in hand
**45,322**
**54,372**
**CREDITORS**
Amounts falling due within one year
10
**(55,638)**
**NET CURRENT ASSETS**
**(1,266)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**82,480**
**CREDITORS**
Amounts falling due after more than one year
11
**(66,837)**
**NET ASSETS**
**15,643**
**FUNDS**
14
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**68,994**
**68,994**
**(60,849)**
**8,145**
**8,145**
**-**
**8,145**|**2024**
**Total**
**funds**
**£**
**83,746**
**9,050**
**114,316**
**123,366**
**(116,487)**
**6,879**
**90,625**
**(66,837)**
**23,788**
**15,643**
**8,145**
**23,788**|2023
Total
funds
£
41,891
2,644
136,133
138,777
(96,387)
42,390
84,281
(73,416)
10,865
2,720
8,145
10,865|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 9
Bothwell Futures
## Balance Sheet - continued
## 30 June 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on Mar 28, 2025 . ............................................ and were signed on its behalf by:
The notes form part of these financial statements
Page 10
Bothwell Futures
## Notes to the Financial Statements
for the Year Ended 30 June 2024
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties affecting the Charity's ability to continue operating as a going concern.
The presentation currency of the financial statements is the Pound Sterling (£).
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost
Heritable property is included at cost, less grants received.
At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Individual assets costing £500 or less are not capitalised but are charged to the Statement of Financial Activities in the period in which they were purchased.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 11
Bothwell Futures
## Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
## **2. INVESTMENT INCOME**
|**2.**
**INVESTMENT INCOME**|||||
|---|---|---|---|---|
|HUB rental income
**3.**
**RAISING FUNDS**
**Raising donations and legacies**
Support costs
**4.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets||**2024**
**£**
**26,586**
**2024**
**£**
**123,721**
**2024**
**£**
**1,806**||2023
£
4,025
2023
£
101,677|
|||||
2023
£
916|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **7.**
|Employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Unrestricted
funds
£
Donations and legacies
17,061
Investment income
4,025
**Total**
21,086|**2024**
**2**
Restricted
funds
£
89,007
-
89,007|2023
2
Total
funds
£
106,068
4,025|
|---|---|---|
|||
110,093|
Page 12
continued...
Bothwell Futures
## Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||
|---|---|
|**EXPENDITURE ON**
Other
5,631
-
**Total**
18,301
89,007
**NET INCOME**
2,785
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
(65)
8,145
**TOTAL FUNDS CARRIED FORWARD**
2,720
8,145
**8.**
**TANGIBLE FIXED ASSETS**
Freehold
Computer
property
equipment
£
£
**COST**
At 1 July 2023
**36,563**
**6,274**
Additions
**42,712**
**949**
At 30 June 2024
**79,275**
**7,223**
**DEPRECIATION**
At 1 July 2023
**-**
**946**
Charge for year
**-**
**1,806**
At 30 June 2024
**-**
**2,752**
**NET BOOK VALUE**
At 30 June 2024
**79,275**
**4,471**
At 30 June 2023
36,563
5,328
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2024**
**£**
Trade debtors
**2,655**
VAT
**6,395**
**9,050**
Raising funds
12,670
89,007|5,631
101,677|
||107,308
2,785
8,080|
||10,865|
||
Totals
£
**42,837**
**43,661**
**86,498**
**946**
**1,806**
**2,752**
**83,746**
41,891
2023
£
1,930
714
2,644|
Page 13
continued...
## Bothwell Futures
|Notes to the Financial Statements-continued
for the Year Ended 30 June 2024
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans (see note 12)
Accruals and deferred income
**11.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other loans (see note 12)
**12.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Other loans more 5yrs instal
**13.**
**SECURED DEBTS**
The following secured debts are included within creditors:
Other loan||**2024**
**£**
**6,579**
**109,908**
**116,487**
**2024**
**£**
**66,837**
**2024**
**£**
**6,579**
**6,985**
**23,647**
**36,205**
**2024**
**£**
**73,416**||2023
£
1,584
94,803|
|---|---|---|---|---|
||
||
|
96,387|
|||||
2023
£
73,416
2023
£
1,584
6,579
22,274
44,563
2023
£
75,000|
Foundation Scotland hold a standard security over the land and buildings held by the charity. Term of agreement is 120 months, interest rate of 6% per annum.
continued...
Page 14
Bothwell Futures
## Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
## **14. MOVEMENT IN FUNDS**
|**Unrestricted funds**
**Restricted funds**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
**Restricted funds**
Development Trust Association Scotland 3
The National Lottery Community Fund 8
Bothwell Community Council 27
Development Trust Association Scotland
Winter Warmer 16
Vaslan Voluntary action grant
Vaslan Multiply
Mary Janet King Trust (Foundation
Scotland)
Vaslan Employability Grant
Children's Lottery
**TOTAL FUNDS**
General fund
Development Trust Association Scotland 3
The National Lottery Community Fund 8
**TOTAL FUNDS**
General fund
Robertson Trust|At 1.7.23
£
**8,145**
Incoming
resources
£
**39,449**
**38,796**
**31,625**
**1,100**
**8,160**
**11,814**
**5,976**
**2,000**
**1,900**
**2,000**
**103,371**
**142,820**
**2,720**
**6,518**
**1,627**
**10,865**
**38,616**
**833**|Net
movement
At
in funds
30.6.24
£
£
**-**
**8,145**
Resources
Movement
expended
in funds
£
£
**(26,526)**
**12,923**
**(38,796)**
**-**
**(31,625)**
**-**
**(1,100)**
**-**
**(8,160)**
**-**
**(11,814)**
**-**
**(5,976)**
**-**
**(2,000)**
**-**
**(1,900)**
**-**
**(2,000)**
**-**
**(103,371) **
**-**
**(129,897)**
**12,923**
**12,923**
**15,643**
**-**
**6,518**
**-**
**1,627**
**12,923**
**23,788**
**(25,693)**
**12,923**
**(833)**
**-**|
|---|---|---|
continued...
Page 15
Bothwell Futures
## Notes to the Financial Statements - continued
## for the Year Ended 30 June 2024
## **14. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.7.22
£
**Unrestricted funds**
**Restricted funds**
8,145
**TOTAL FUNDS**
8,080
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
**Restricted funds**
89,007
**TOTAL FUNDS**
110,093
General fund
(65)
Development Trust Association Scotland 3
6,518
The National Lottery Community Fund 8
1,627
General fund
21,086
Development Trust Association Scotland 3
42,322
Scottish Land Fund 4
16,500
Voluntary Action South Lanarkshire 9
2,000
Bothwell Community Council 27
399
Arnold Clark Social Space 26
1,000
Development Trust Association Scotland 7
5,000
Development Trust Association Scotland
Winter Warmer 16
8,000
Miller Homes Community Fund 19
500
Robertson Trust 15
7,501
South Lanarkshire Council 22
760
VASL - Cost of living 14
1,000
National Lottery 18
4,025|Net
movement
At
in funds
30.6.23
£
£
-
8,145
2,785
10,865
Resources
Movement
expended
in funds
£
£
(89,007)
-
(107,308)
2,785
2,785
2,720
-
6,518
-
1,627
(18,301)
2,785
(42,322)
-
(16,500)
-
(2,000)
-
(399)
-
(1,000)
-
(5,000)
-
(8,000)
-
(500)
-
(7,501)
-
(760)
-
(1,000)
-
(4,025)
-|
|---|---|
continued...
Page 16
Bothwell Futures
## Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
## **14. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.7.22|in funds|30.6.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|(65)|15,708|15,643|
|**Restricted funds**||||
|Development Trust Association Scotland 3|6,518|-|6,518|
|The National Lottery Community Fund 8|1,627|-|1,627|
||8,145|-|8,145|
|**TOTAL FUNDS**|8,080|15,708|23,788|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Robertson Trust
**Restricted funds**
Development Trust Association Scotland 3
Scottish Land Fund 4
The National Lottery Community Fund 8
Voluntary Action South Lanarkshire 9
Bothwell Community Council 27
Arnold Clark Social Space 26
Development Trust Association Scotland 7
Development Trust Association Scotland
Winter Warmer 16
Miller Homes Community Fund 19
Robertson Trust 15
South Lanarkshire Council 22
VASL - Cost of living 14
National Lottery 18
Vaslan Voluntary action grant
Vaslan Multiply
Mary Janet King Trust (Foundation
Scotland)
Vaslan Employability Grant
Children's Lottery
**TOTAL FUNDS**|Incoming
resources
£
59,702
833
60,535
81,118
16,500
31,625
2,000
1,499
1,000
5,000
16,160
500
7,501
760
1,000
4,025
11,814
5,976
2,000
1,900
2,000
192,378
252,913|Resources
Movement
expended
in funds
£
£
(43,994)
15,708
(833)
-
(44,827)
15,708
(81,118)
-
(16,500)
-
(31,625)
-
(2,000)
-
(1,499)
-
(1,000)
-
(5,000)
-
(16,160)
-
(500)
-
(7,501)
-
(760)
-
(1,000)
-
(4,025)
-
(11,814)
-
(5,976)
-
(2,000)
-
(1,900)
-
(2,000)
-
(192,378)
-
(237,205)
15,708|
|---|---|---|
continued...
Page 17
Bothwell Futures
Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
## **14. MOVEMENT IN FUNDS - continued**
## **Development Trust Association Scotland**
Funding toward project costs including staff costs, overheads and equipment.
## **Scottish Land Fund**
To assist with costs in relation to refurbishment of the building.
## **Voluntary Action South Lanarkshire**
Funding for support with two local churches to promote and support communities’ mental health and wellbeing projects.
## **Bothwell Community Council**
To assist with costs in relation to providing a safe and welcoming social space for members of the community.
## **Arnold Clark Social Space**
To assist with costs in relation to providing a safe and welcoming social space for members of the community.
## **Miller Homes Community Fund**
To assist with costs in relation to providing a safe and welcoming social space for members of the community.
## **Robertson Trust**
Funding for heat and light costs incurred by the Church used to provide warm space for families.
## **South Lanarkshire Council**
Funding for marketing costs.
## **National Lottery Community Fund**
To assist with costs in relation to engaging with the local community on the preferred use of the library.
## **Mary Janet King Trust**
Funding to provide music classes for pupils at primary school age.
## **Scottish Children's Lottery Trust**
Funding to provide food and other household provisions
## **Vaslan Employability Grant**
Funding to provide assistance to individuals in developing their employability skills.
## **Winter Warmer**
Funding to provide a warm, safe space for those in need during winter.
## **National Lottery**
Funding to cover salary costs, utilities and running costs.
## **Vaslan Voluntary action plan**
Funding to cover HUB Cafe overheads and marketing costs.
## **Vaslan Multiply**
Funding to help parents build confidence and skills in numeracy, enabling them to support their children's education and understanding its importance in daily life.
continued...
Page 18
Bothwell Futures
Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 June 2024.
Page 19
## Bothwell Futures
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
Event income
**Investment income**
HUB rental income
**Total incoming resources**
**EXPENDITURE**
**Other**
Donations
**Support costs**
**Management**
Utilities
Postage and stationery
Sundries
Event costs
Travel
**Finance**
Bank charges
Interest payable
**Other**
**Governance costs**
Total resources expended
**Net income**
Depreciation of tangible fixed assets
Wages
Accountancy and legal fees|Detailed Statement of Financial Activities
for the Year Ended 30 June 2024|2024
£
**2,212**
**106,587**
**7,435**
**116,234**
**26,586**
**142,820**
**6,176**
**14,934**
**584**
**18,921**
**22,577**
**895**
**57,911**
**172**
**4,492**
**4,664**
**59,340**
**129,897**
**12,923**
**1,806**
**57,840**
**1,500**|2023
£
1,988
89,006
15,074
106,068
4,025
110,093
5,631
16,118
2,072
17,612
10,558
1,495
47,855
71
1,125
1,196
51,710
107,308
2,785
916
50,210
1,500|
|---|---|---|---|
|||||
This page does not form part of the statutory financial statements
Page 20
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