REGISTERED COMPANY NUMBER: SC231799 (Scotland)

REGISTERED CHARITY NUMBER: SC033136

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MAY 2025

FOR

HILLWOOD COMMUNITY TRUST

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

19

TRUSTEES

David Bannerman

Peter Bauld

Stephen Brooks

Helen Corcoran (resigned 5/9/2024)

Stephen Culbertson

Craig George Morrison (resigned 24/2/2025)

William Smith

Deborah Gallacher (appointed 30/1/2025)

Stuart Mochrie (appointed 30/1/2025)

Christopher Ambrose Moore (appointed 23/3/2025)

Mark Super (appointed 31/1/2025) (resigned 23/12/2025)

COMPANY SECRETARY

Stephen Brooks

REGISTERED OFFICE

c/o 143 Ravenscraig Drive

Glasgow

G53 6QB

REGISTERED COMPANY NUMBER

SC231799 (Scotland)

REGISTERED CHARITY NUMBER

SC033136

INDEPENDENT EXAMINER

Azets Audit Services

Chartered Accountant

Titanium 1

King's Inch Place

Renfrew

Glasgow

PA4 8WF

BANKERS

Bank of Scotland

Cowglen Road

Glasgow

G53 6EW

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 May 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

The principal objective of the charity is to provide community and sports facilities within the Greater Pollok area of Glasgow ("the operating area") to be used for recreation and other leisure time occupation and available to the public at large with a view to improving the quality of life of local residents and contribute towards issues of social justice.

Achievements and performance

The synthetic pitch and now the Community Hub are very popular and extremely well frequented community facility both by Hillwood Football Club and other local football teams ranging from 4 years old to adults, including both male and female teams. The charity is very encouraged by the support from both the local police and other organisations who make use of the pitch and the hub as a community facility. Good progress has been made over the last year to increase participation and involvement by the community within the Greater Pollok area with a total of 1,926 users.

Hillwood Community Trust has identified partnership working as a key strength, working with a range of local organisations and agencies to foster and build relationships working collaboratively to deliver strong outcomes within the local community of Greater Pollok.

In addition, Hillwood Community Trust delivered a successful free to access activity summer camp where all children were provided with free meals/snacks and refreshments for over 80 children in the Priesthill area with funding support from the NHS Health Improvement Team and Sanctuary Housing. The aim of the camp was to promote sport and activity with educational input from the health improvement team offering advice on nutrition.

The summer camp has also been an opportunity for the project to build rapport with the parents and the children attending the summer camp, offering guidance and signposting to any challenging circumstances they may be facing. With the current cost of living crisis, the project was able in partnership with East End Food Bank to provide parcels for families in need. The project also offered signposting to expert energy advice and employability support in the area. Lastly, it was a further opportunity to highlight the vision for the Trust and how the project can support the local community to improve their own circumstances, creating a shared vision and ownership for the project.

FINANCIAL REVIEW

Financial position

The charitable company incurred a surplus on unrestricted funds for the year of £39,377 (2024: £23,653).

The Trustees transferred £10,000 to the designated fund this year (2024: £10,000). The charitable company's unrestricted funds at 30 May 2025 amounted to £80,327 (2024: £50,950).

The balance on the charitable company's designated fund for a new 4G pitch at 30 May 2025 amounted to £60,000 (2024: £50,000).

The charitable company recorded a surplus on restricted funds of £95,140 (2024: £732,887).

The charitable company had restricted funds at 30 May 2025 of £1,165,377 (2024: £1,070,237).

The charitable company had total funds at 30 May 2025 of £1,305,704 (2024: £1,171,187).

Investment policy and objectives

The trustees have the power to invest any funds which are not immediately required for the activities of the company in such investments as may be considered appropriate, which may be held in the name of a nominee company under the instructions of the directors, and to vary and dispose of such investments.

Reserves policy

It is the policy of the charity to try and maintain funds, not committed or invested in tangible fixed assets, at a level that equates to six months of the basic resources expended. At this level the board feel that they would have time to take the necessary action in the event of a sudden significant drop in income.

FUTURE PLANS

The Trustees continue to look at maximising the capacity of the synthetic and grass pitch facilities as this will further enhance the opportunity to work in partnership with a number of statutory and third sector organisations. In particular focusing on an increased collaborative approach with the local primary and secondary schools in the area with the aim of increasing the use of the facility.

The aim of the Trust is to build upon the success of the free to access summer camps, with the intention of the Trust to increase the capacity and introduce activity camps during the Easter and October school holidays. A key component to ensure the success of the Trust and continued ambition is partnership working. The Trust will ensure we maintain, foster and develop new relationships within the Greater Pollok area, ensuring the long-term success of the Trust as we continue to be successfully embedded in the local area.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Hillwood Community Trust is a charitable company limited by guarantee and a Scottish charity registered with the Office of the Scottish Regulator (OSCR).

The charity was incorporated on 21 May 2002 and is governed by its Memorandum and Articles of Association.

Management

The charity is controlled by the Trustees, who are also directors under company law.

Recruitment and appointment of new trustees

The minimum number of elected directors shall be 5 and the maximum number 12, unless a special resolution is passed to increase the maximum number of directors.

As set out in the Articles of Association one-third of the elected directors shall retire at each AGM.

The elected-directors may also appoint individuals of suitable skills and experience as co-opted directors. Co-opted directors may be appointed and removed at the discretion of the elected directors at any time.

No individual may become a member unless that individual has submitted a written application in the form prescribed by the directors and the directors have approved the application.

A minimum of 3 directors meet on a quarterly basis to administer the business of the charity.

Induction and training of new trustees

New directors are briefed on their legal obligations under charity and company law and are informed about the content of the Memorandum and Articles of Association, the decision making processes and recent financial performance of the charity and they also meet the other directors.

Related parties and co-operation with other organisations

Any connection between a director or senior manager and a supplier of goods or services must be disclosed to the board of directors in the same way as any other contractual relationship with a related party.

The charity works in close co-operation with Hillwood Football Club (HFC) and further information is disclosed in Note 19.

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.

The directors have a risk management strategy that comprises:

o

an annual review of the principal risks and uncertainties that the charity faces;

o

the establishment of policies, systems and procedures to mitigate those risks identified in the annual review;

o

the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise

Volunteers

Many volunteers/directors give up their free time to help the charity, particularly at the weekends and in the evenings. We are greatly indebted to these volunteers for their commitment and support and without these dedicated individuals the charity would not be able to carry out its fantastic work.

Approved by order of the board of trustees on 27 May 2026 and signed on its behalf by:

William Smith - Trustee

I report on the accounts for the year ended 30 May 2025 set out on pages six 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.

William Vernall BA CA

The Institute of Chartered Accountants of Scotland

Azets Audit Services

Chartered Accountant

Titanium 1

King's Inch Place

Renfrew

Glasgow

PA4 8WF

27 May 2026

2025

2024

Unrestricted

Restricted

Total

Total

fund

Designated

funds

funds

funds

Notes

£

£

£

£

£

INCOME AND

ENDOWMENTS FROM

Charitable activities

4

Operation of Hillwood Community Trust

33,627

-

179,550

213,177

790,977

Other trading activities

2

69,722

-

-

69,722

46,305

Investment income

3

1,249

-

-

1,249

1,611

Other income

2,147

-

-

2,147

3,758

Total

106,745

-

179,550

286,295

842,651

EXPENDITURE ON

Charitable activities

5

Operation of Hillwood Community Trust

67,368

-

84,410

151,778

86,111

NET INCOME

39,377

-

95,140

134,517

756,540

Transfers between funds

17

(10,000

)

10,000

-

-

-

Net movement in funds

29,377

10,000

95,140

134,517

756,540

RECONCILIATION OF

FUNDS

Total funds brought forward

50,950

50,000

1,070,237

1,171,187

414,647

TOTAL FUNDS CARRIED FORWARD

80,327

60,000

1,165,377

1,305,704

1,171,187

2025

2024

Notes

£

£

FIXED ASSETS

Tangible assets

12

1,169,339

1,188,051

CURRENT ASSETS

Debtors

13

8,116

74,459

Cash at bank

144,014

90,822

152,130

165,281

CREDITORS

Amounts falling due within one year

14

(15,765

)

(182,145

)

NET CURRENT ASSETS

136,365

(16,864

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,305,704

1,171,187

NET ASSETS

1,305,704

1,171,187

FUNDS

17

Unrestricted funds

140,327

100,950

Restricted funds

1,165,377

1,070,237

TOTAL FUNDS

1,305,704

1,171,187

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 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.

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 27 May 2026 and were signed on its behalf by:

William Smith - Trustee

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 financial statements are prepared in sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

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.

Changing facilities

-

10% on cost

Community Sports Facility

-

4% on cost

Pitch Carpet & Security Fence

-

10% on cost

Clubhouse Construction

-

3% on cost

Plant and machinery

-

25% on cost

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

2.	OTHER TRADING ACTIVITIES

2025

2024

£

£

Social lotteries

12,921

-

Sports lettings

56,801

46,305

69,722

46,305

3.	INVESTMENT INCOME

2025

2024

£

£

Bank interest received

1,249

1,611

4.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Operation

of

Hillwood

Community

Total

Trust

activities

£

£

Glasgow City Council

24,315

-

Sanctuary

4,417

1,000

Scottish Football Association

75,000

75,000

The Greater Pollok Barratt CDT - General Manager

18,882

22,406

Woodward Trust

-

750

Robertson Trust

-

25,000

The Clothworkers' Foundation

-

55,000

Glasgow City Council - Place Fund

-

129,285

Lottery Sport Scotland

11,353

138,647

Glasgow City Council - Area Partnership

6,720

9,055

Glasgow City Council - ENV2

-

49,834

The Greater Pollock Barratt CDT - Project

-

285,000

Scottish Football Partnership Trust

50,000

-

Easter fund

990

-

National Lottery

20,000

-

Care Foundation

1,500

-

213,177

790,977

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

£

£

Operation of Hillwood Community Trust

101,921

49,857

151,778

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2025

2024

£

£

Football pitch maintenance

8,023

5,646

Ground rent

1,750

1,750

Water

(682

)

311

Cleaning

634

389

Repairs & renewals

6,756

-

Software & IT

636

372

Advertising and marketing

1,884

320

Electricity costs

7,236

8,507

Insurance

2,804

1,737

Miscellaneous

8,155

457

Telephone

270

160

Summer camp

988

1,000

Depreciation

60,460

33,057

Legal and professional fees

285

810

Equipment hire

-

1,963

Postage & stationery

207

38

Easter sessions

975

-

Garden club

1,540

-

101,921

56,517

7.	SUPPORT COSTS

Human

Governance

Management

resources

Other

costs

Totals

£

£

£

£

£

Operation of Hillwood Community Trust

2,535

38,718

3,004

5,600

49,857

Support costs, included in the above, are as follows:

2025

2024

Operation

of

Hillwood

Community

Total

Trust

activities

£

£

Bookkeeping and payroll fees

2,204

1,703

Interest payable and similar charges

331

91

Trustees' remuneration etc

-

967

Wages

38,718

23,283

Loss on fixed asset disposal

3,004

-

Audit and accountancy fees

5,600

3,550

49,857

29,594

8.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Audit and accountancy fees

5,600

3,550

Depreciation - owned assets

60,460

33,057

9.	TRUSTEES' REMUNERATION AND BENEFITS

2025

2024

£

£

Trustees' salaries

-

942

Trustees' social security

-

25

-

967

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 May 2025 nor for the year ended 30 May 2024.

10.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

Employees

2

1

No employees received emoluments in excess of £60,000.

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

Designated

funds

funds

£

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Operation of Hillwood Community Trust

750

-

790,227

790,977

Other trading activities

46,305

-

-

46,305

Investment income

1,611

-

-

1,611

Other income

3,758

-

-

3,758

Total

52,424

-

790,227

842,651

EXPENDITURE ON

Charitable activities

Operation of Hillwood Community Trust

28,771

-

57,340

86,111

NET INCOME

23,653

-

732,887

756,540

Transfers between funds

(10,000

)

10,000

-

-

Net movement in funds

13,653

10,000

732,887

756,540

RECONCILIATION OF FUNDS

Total funds brought forward

37,297

40,000

337,350

414,647

TOTAL FUNDS CARRIED FORWARD

50,950

50,000

1,070,237

1,171,187

12.	TANGIBLE FIXED ASSETS

Pitch

Community

Carpet &

Changing

Sports

Security

facilities

Facility

Fence

£

£

£

COST

At 31 May 2024

27,500

390,095

140,530

Additions

-

-

-

Disposals

(27,500

)

-

-

At 30 May 2025

-

390,095

140,530

DEPRECIATION

At 31 May 2024

23,246

130,023

108,597

Charge for year

-

16,254

14,053

Eliminated on disposal

(23,246

)

-

-

At 30 May 2025

-

146,277

122,650

NET BOOK VALUE

At 30 May 2025

-

243,818

17,880

At 30 May 2024

4,254

260,072

31,933

Clubhouse

Plant and

Construction

machinery

Totals

£

£

£

COST

At 31 May 2024

891,792

6,722

1,456,639

Additions

40,664

5,338

46,002

Disposals

-

-

(27,500

)

At 30 May 2025

932,456

12,060

1,475,141

DEPRECIATION

At 31 May 2024

-

6,722

268,588

Charge for year

28,819

1,334

60,460

Eliminated on disposal

-

-

(23,246

)

At 30 May 2025

28,819

8,056

305,802

NET BOOK VALUE

At 30 May 2025

903,637

4,004

1,169,339

At 30 May 2024

891,792

-

1,188,051

13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,006

17

VAT

-

67,521

Prepayments and accrued income

7,110

6,921

8,116

74,459

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

165

176,859

Social security and other taxes

762

25

VAT

3,847

-

Other creditors

72

-

Accrued expenses

10,919

5,261

15,765

182,145