Ellon and District Sports Development Trust
Latest income
£374k
Latest spending
£384k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net surplus of £368,443 for the year ended 31 July 2024, driven largely by capital funding for a new 3G pitch. Total net assets increased to £686,410, with unrestricted reserves standing at £249,868. The trustees confirmed the charity has adequate resources to continue as a going concern for at least twelve months.
What the accounts disclose
Related-party transaction: Transactions with local clubs where trustees hold positions.
“As some trustees are nominated from trust clubs, there are transactions between these clubs and the Trust for use of the facilities on offer at the sports centre. These transactions are arms-length in nature and all clubs pay the market rate in line with other members who use the same facilities.” — page 22
Per FY2025 accounts as filed with OSCR.