**REGISTERED COMPANY NUMBER: SC051013 (Scotland) REGISTERED CHARITY NUMBER: 051013**
Report of the Trustees and
Financial Statements for the Year Ended 30 June 2025
for
## BOTHWELL FUTURES
BOTHWELL FUTURES
## Contents of the Financial Statements for the Year Ended 30 June 2025
|||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 2025
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 2025. 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 2025
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities**
The Board of Trustees are happy to say that during the year, Bothwell Futures has managed to further develop our support for the local community. Specific and key steps in that development were as follows:
- The appointment of a General Manager who will develop and take ownership of our Operating Plan, including Fundraising
- We have added the management of the Community Hall (we have leased it for a second year from SLC through the CAT Light Programme) we have now increased our footfall into Bothwell events to almost 20,000
- We have raised the profile of the Community Hall increasing revenue generation and raising funds to consider future development and existing upgrading of the hall to widen the hall's suitability for bookings
- We introduced and ran an exciting new pilot Employability Programme for 16-year-old pupils in our two local Secondary Schools. This has been a great success leading to us finding grant support of £50k to deliver this programme in the next two school years
- We have been working with our two local primary schools to deliver Dance for ALL to encourage our young pupils to take up physical activity whilst also encouraging inclusion throughout our community
- We have started the process of exploring the best use of our two available space to provide sports activities especially for our young people
- Health & Wellbeing community support continues to be a major part of our overall delivery strategy and we hope to expand further support services in 2025-26
The Community HUB and the Community Hall continues to provide new interventions to support our community and in the last year they have included:
- Out of Schools support for parents and children
- Breath Management Classes
- Dance Classes for our young people
- Movement Exercises for infants
Existing activities such as Junior Chess classes, Book Bug and other Literacy activities, Book Club, the HUB Café, and Afternoon have been successfully delivered. The HUB has also played host to local groups such as the Brighter Bothwell, Bothwell Horticultural Society, Bothwell Twinning and Bothwell Historical and Heritage Group.
Bothwell Futures partnered with our local partners including our Schools, Churches, Special Interest Groups within Bothwell, SLC and Sports Groups.
In April 2025 we held our annual Public Meeting and our AGM with over 180 attendees bearing testament to the good work we are undertaking in our community.
In the year to June 2025, these outcomes were delivered with a small executive team of 2 FTE and 2 part time employees supported by over 70 volunteers. We are incredibly dependent and appreciative of our hard working and devoted volunteer base who probably provide the equivalent of at least 5 FTE employees.
All of this was achieved against a public sector financial environment which makes medium to long term planning incredibly difficult for organisations like Bothwell Futures. There is pressure on Councils generally to reduce the estate demand, especially in Leisure and Culture and that in turns demands action from local community groups.
Page 2
BOTHWELL FUTURES
## Report of the Trustees for the Year Ended 30 June 2025
## **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 LandTrust
- 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
- Garfield Weston Foundation
- Persimmon Charitable Foundation
- Hugh Fraser Foundation
- SSE Renewables
- Foundation Scotland
## **Reserves policy**
While it remains a priority Bothwell Futures to become more self- sustaining, the fact is that the Charity will be substantially reliant on grant funding. In pure cash terms, during the Year we received a total of £231k in 14 separate grants from 10 different sources. This compares to cash received from Charity activities of £60k.
Where grant income is greater than qualifying spend, the difference is credited to reserves.
As of 30th June 2025, the total value of grants received since commencement is now well in excess of £1.0m and the Board are hugely appreciative of the support of all the organisations involved, both historically and ongoing.
From all activities Bothwell Futures generated a surplus of £46k for the year to 30 June 2025. While we continue to monitor the outlook on public funding, available and committed funds remain sufficient for the Charity to continue its normal scope of activities.
Page 3
BOTHWELL FUTURES
Report of the Trustees for the Year Ended 30 June 2025
## **FUTURE PLANS**
The Futures Aims and Objectives are still as per the original 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
Our board is currently engaged in a review of the 20 year plan and creating a 5 year milestone driven plan.
The Major Capital Projects and Timescales are as follows:
## Bothwell Community HUB
To work towards complete sustainability and not dependent on grants as quickly as possible 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 that identifies and supports community needs with the ultimate aim of agreeing 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. Continue to review the Feasibility of the Wooddean development (including community options) in the context of the other sports facilities within Bothwell.
2. Raise necessary funding
## 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.
To the extent that we can identify and agree potential sports developments within Bothwell, if would remain our intention to enter a full Community Asset Transfer to safeguard any such assets 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 aided by a donation from Persimmon Homes are undertaking 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.
Page 4
BOTHWELL FUTURES
Report of the Trustees for the Year Ended 30 June 2025
## **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**
The Hub 2 Main Street Bothwell Lanarkshire G71 8RF
Page 5
BOTHWELL FUTURES
## Report of the Trustees for the Year Ended 30 June 2025
## **Trustees**
P K Moore M F Donnelly R G Mannering (resigned 31.7.2025) N T O'Neil M J McLaughlin K P Goodman Revd I M T Majcher Mrs G E M Dunion F T Daly L Scott A Richmond N Stirrat (resigned 24.4.2025) Ms K McFadyen W D Ross (appointed 24.4.2025)
**Company Secretary** Ms K Yuill
## **Independent Examiner**
Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA
Approved by order of the board of trustees on ..
.... .......... and signed on its behalf by:
........................................................................ P K Moore - Trustee
Page 6
Independent Examiner's Report to the Trustees of Bothwell Futures
I report on the accounts for the year ended 30 June 2025 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.
Robert Pollock CA The Institute of Chartered Accountants of Scotland
Sharles Ltd Chartered Accountants 29 Brandon Street Hamilton ML3 6DA
Date: ..... .......
Page 7
## BOTHWELL FUTURES
## Statement of Financial Activities for the Year Ended 30 June 2025
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**52,707**
Investment income
2
**29,762**
**Total**
**82,469**
**EXPENDITURE ON**
Raising funds
3
**33,590**
Other
**3,208**
**Total**
**36,798**
**NET INCOME**
**45,671**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**15,643**
**TOTAL FUNDS CARRIED FORWARD**
**61,314**|Restricted
funds
£
**138,588**
**-**
**138,588**
**124,257**
**14,331**
**138,588**
**-**
**8,145**
**8,145**|**2025**
**Total**
**funds**
**£**
**191,295**
**29,762**
**221,057**
**157,847**
**17,539**
**175,386**
**45,671**
**23,788**
**69,459**|2024
Total
funds
£
116,234
26,586|
|---|---|---|---|
||||142,820|
||||123,721
6,176|
||||129,897|
||||12,923
10,865|
||||23,788|
The notes form part of these financial statements
Page 8
## BOTHWELL FUTURES
## Balance Sheet 30 June 2025
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
8
**83,467**
**CURRENT ASSETS**
Debtors
9
**4,539**
Cash at bank and in hand
**63,495**
**68,034**
**CREDITORS**
Amounts falling due within one year
10
**(30,334)**
**NET CURRENT ASSETS**
**37,700**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**121,167**
**CREDITORS**
Amounts falling due after more than one year
11
**(59,853)**
**NET ASSETS**
**61,314**
**FUNDS**
14
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**134,054**
**134,054**
**(125,909)**
**8,145**
**8,145**
**-**
**8,145**|**2025**
**Total**
**funds**
**£**
**83,467**
**4,539**
**197,549**
**202,088**
**(156,243)**
**45,845**
**129,312**
**(59,853)**
**69,459**
**61,314**
**8,145**
**69,459**|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|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 2025
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 **... ....... a** nd were signed on its behalf by: /BANCLS T Daly ............................................. F T Daly - Trustee
The notes form part of these financial statements
Page 10
BOTHWELL FUTURES
Notes to the Financial Statements for the Year Ended 30 June 2025
## **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.
|Freehold property|-|2% on cost|
|---|---|---|
|Improvements to property|-|10% on cost|
|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 2025
## **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||**2025**
**£**
**29,762**
**2025**
**£**
**157,847**
**2025**
**£**
**5,759**||2024
£
26,586|
|---|---|---|---|---|
|||||2024
£
123,721|
|||||2024
£
1,806|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
12,863
Investment income
26,586
**Total**
39,449
**EXPENDITURE ON**
Raising funds
20,350|**2025**
**2**
Restricted
funds
£
103,371
-
103,371
103,371|2024
2
Total
funds
£
116,234
26,586|
|---|---|---|
|||142,820|
|||123,721|
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 12
## BOTHWELL FUTURES
## Notes to the Financial Statements - continued for the Year Ended 30 June 2025
|**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
Other
6,176
-
**Total**
26,526
103,371
**NET INCOME**
12,923
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
2,720
8,145
**TOTAL FUNDS CARRIED FORWARD**
15,643
8,145
**8.**
**TANGIBLE FIXED ASSETS**
Improvements
Freehold
to
Computer
property
property
equipment
£
£
£
**COST**
At 1 July 2024
**79,275**
**-**
**7,223**
Additions
**8,783**
**4,000**
**9,554**
Grants
**(16,857)**
**-**
**-**
At 30 June 2025
**71,201**
**4,000**
**16,777**
**DEPRECIATION**
At 1 July 2024
**-**
**-**
**2,752**
Charge for year
**1,569**
**400**
**3,790**
At 30 June 2025
**1,569**
**400**
**6,542**
**NET BOOK VALUE**
At 30 June 2025
**69,632**
**3,600**
**10,235**
At 30 June 2024
79,275
-
4,471
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2025**
**£**
Trade debtors
**2,456**
VAT
**2,083**
**4,539**|Total
funds
£
6,176|
|---|---|
||129,897|
||12,923
10,865|
||23,788|
||Totals
£
**86,498**
**22,337**
**(16,857)**
**91,978**
**2,752**
**5,759**
**8,511**
**83,467**
83,746
2024
£
2,655
6,395
9,050|
|||
|||
|||
|||
|||
|||
continued...
Page 13
## BOTHWELL FUTURES
|Notes to the Financial Statements-continued
for the Year Ended 30 June 2025
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2025**
**£**
Other loans (see note 12)
**6,985**
Accruals and deferred income
**149,258**
**156,243**
**11.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
**2025**
**£**
Other loans (see note 12)
**59,853**
**12.**
**LOANS**
An analysis of the maturity of loans is given below:
**2025**
**£**
Amounts falling due within one year on demand:
Other loans
**6,985**
Amounts falling between one and two years:
Other loans - 1-2 years
**23,649**
Amounts falling due between two and five years:
Other loans - 2-5 years
**36,204**
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:
**2025**
**£**
Other loan
**66,838**|2024
£
6,579
109,908|2024
£
6,579
109,908|
|---|---|---|
||116,487||
|||2024
£
66,837|
|||2024
£
6,579|
|||6,985|
|||23,647|
|||36,205
2024
£
73,416|
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 2025
## **14. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
Development Trust Association Scotland 3
The National Lottery Community Fund 8
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Robertson Trust
Arnold Clark
Garfield Weston
**Restricted funds**
Development Trust Association Scotland 3
The National Lottery Community Fund 8
South Lanarkshire Council 22
National Lottery 18
Vaslan Employability Grant
Dtas Green
Vaslan Health & Wellbeing
**TOTAL FUNDS**|At 1.7.24
£
**15,643**
**6,518**
**1,627**
**8,145**
**23,788**
Incoming
resources
£
**63,055**
**9,167**
**1,000**
**9,247**
**82,469**
**36,340**
**60,650**
**5,123**
**3,000**
**6,775**
**8,000**
**18,700**
**138,588**
**221,057**|Net
movement
At
in funds
30.6.25
£
£
**45,671**
**61,314**
**-**
**6,518**
**-**
**1,627**
**-**
**8,145**
**45,671**
**69,459**
Resources
Movement
expended
in funds
£
£
**(17,384)**
**45,671**
**(9,167)**
**-**
**(1,000)**
**-**
**(9,247)**
**-**
**(36,798)**
**45,671**
**(36,340)**
**-**
**(60,650)**
**-**
**(5,123)**
**-**
**(3,000)**
**-**
**(6,775)**
**-**
**(8,000)**
**-**
**(18,700)**
**-**
**(138,588)**
**-**
**(175,386)**
**45,671**|
|---|---|---|
continued...
Page 15
BOTHWELL FUTURES
## Notes to the Financial Statements - continued for the Year Ended 30 June 2025
## **14. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.7.23
£
**Unrestricted funds**
General fund
2,720
**Restricted funds**
Development Trust Association Scotland 3
6,518
The National Lottery Community Fund 8
1,627
8,145
**TOTAL FUNDS**
10,865
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
38,616
Robertson Trust
833
39,449
**Restricted funds**
Development Trust Association Scotland 3
38,796
The National Lottery Community Fund 8
31,625
Bothwell Community Council 27
1,100
Development Trust Association Scotland
Winter Warmer 16
8,160
Vaslan Voluntary action grant
11,814
Vaslan Multiply
5,976
Mary Janet King Trust (Foundation
Scotland)
2,000
Vaslan Employability Grant
1,900
Children's Lottery
2,000
103,371
**TOTAL FUNDS**
142,820|Net
movement
At
in funds
30.6.24
£
£
12,923
15,643
-
6,518
-
1,627
-
8,145
12,923
23,788
Resources
Movement
expended
in funds
£
£
(25,693)
12,923
(833)
-
(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|
|---|---|
continued...
Page 16
BOTHWELL FUTURES
## Notes to the Financial Statements - continued for the Year Ended 30 June 2025
## **14. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net|||
|---|---|---|---|---|
|||movement||At|
||At 1.7.23|in funds||30.6.25|
||£|£||£|
|**Unrestricted funds**|||||
|General fund|2,720|58,594||61,314|
|**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**|10,865|58,594||69,459|
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
Arnold Clark
Garfield Weston
**Restricted funds**
Development Trust Association Scotland 3
The National Lottery Community Fund 8
Bothwell Community Council 27
Development Trust Association Scotland
Winter Warmer 16
South Lanarkshire Council 22
National Lottery 18
Vaslan Voluntary action grant
Vaslan Multiply
Mary Janet King Trust (Foundation
Scotland)
Vaslan Employability Grant
Children's Lottery
Dtas Green
Vaslan Health & Wellbeing
**TOTAL FUNDS**|Incoming
resources
£
101,671
10,000
1,000
9,247
121,918
75,136
92,275
1,100
8,160
5,123
3,000
11,814
5,976
2,000
8,675
2,000
8,000
18,700
241,959
363,877|Resources
Movement
expended
in funds
£
£
(43,077)
58,594
(10,000)
-
(1,000)
-
(9,247)
-
(63,324)
58,594
(75,136)
-
(92,275)
-
(1,100)
-
(8,160)
-
(5,123)
-
(3,000)
-
(11,814)
-
(5,976)
-
(2,000)
-
(8,675)
-
(2,000)
-
(8,000)
-
(18,700)
-
(241,959)
-
(305,283)
58,594|
|---|---|---|
## **Development Trust Association Scotland**
Funding toward project costs including staff costs, overheads and equipment.
continued...
Page 17
BOTHWELL FUTURES
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
## **14. MOVEMENT IN FUNDS - continued**
## **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.
## **Garfield Weston**
To assist with costs in relation to providing a safe and welcoming social space for members of the community.
## **Vaslan Health & Wellbeing**
Funding to provide support on low cost cooking, running a weekly Senior Mens Club and supporting Dementia Sufferers and their carers.
continued...
Page 18
BOTHWELL FUTURES
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 June 2025.
Page 19
## BOTHWELL FUTURES
## Detailed Statement of Financial Activities for the Year Ended 30 June 2025
|**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
Advertising
Sundries
Event costs
Travel
**Finance**
Bank charges
Interest payable
**Other**
Professional fees
Depreciation of tangible fixed assets
**Governance costs**
Wages
Accountancy and legal fees
Total resources expended
**Net income**|2025
£
**10,577**
**162,109**
**18,609**
**191,295**
**29,762**
**221,057**
**2,416**
**29,656**
**347**
**4,979**
**10,930**
**21,576**
**657**
**68,145**
**205**
**4,226**
**4,431**
**13,123**
**5,760**
**18,883**
**79,511**
**2,000**
**81,511**
**175,386**
**45,671**|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
-
1,806|
|||1,806
57,840
1,500|
|||59,340|
|||129,897|
|||12,923|
This page does not form part of the statutory financial statements
Page 20