Social Accounts Year Ended 30.06.2025 South Shields FC Foundation Limited Company No. 10257450 Registered Charity No. 1176894
The Five Ways to Wellbeing
## Welcome
Welcome to our Annual Report and Social Accounts for the financial year ended 30 June 2025.
Since 2017 we've used a Wellbeing Valuation Approach to measure and record our social impact. Wellbeing Valuation is in the Treasury’s Green Book, the UKs core guide to policy evaluation. The methodology was developed by Daniel Fujiwara (London School of Economics), Affinity Sutton, Catalyst Housing and the Housing Associations Charitable Trust. It works by isolating the particular factors that affect health and wellbeing e.g. playing a sport, getting a job or socialising with friends. It then attributes an equivalent financial value to each of these factors. This is the amount of cash that would be needed to increase someone’s wellbeing by the same amount.
It’s a one off calculation, so once a benefit has been calculated and attributed to a particular year the continuation of the activity doesn't keep adding to the total. We like this because, whilst we want to retain people in activities, to add to our impact we must constantly engage NEW people.
This is the eighth year we have been collecting and reporting our social impact using this methodology. We are very pleased to announce that our cumulative total impact since July 2017 has now exceeded £40million.
We’d like to thank South Shields FC, Harton & Westoe Miners Welfare, our partner schools and staff, parents, children, volunteers and members of our local community who have been on the journey with us.
Steve Camm
Jill Charlton South Shields FC Foundation
Thank you.
## – Improving mental health and wellbeing Charitable Purpose
We deliver programmes and activities that contribute to the following things that the NHS says contribute to our mental health and wellbeing:
## Be Active
## Take Notice
## Make Friends
## Give Back
## Learn & Grow
Taking part in regular physical activity
Understanding what is going on around you
Interacting socially with others
Doing something for others e.g. charitable giving or volunteering
Learning a new skill or getting involved in personal development and growth
Adapted from the NHS Five ways to Wellbeing
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## Business Model
We're a social enterprise...
Charitable Trading Purpose Activities
We have a charitable purpose We generate most of our income (supporting mental health and from sales rather than being grant wellbeing) that drives dependent. everything we do.
Reinvest Profit
We reinvest all profit in our charitable purpose rather than distributing it to shareholders.
ThePhoto by PhotoAuthor is licensed under CCYYSA.
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• South Shields FC Foundation Limited
**Charity Number** 1176894 **Company Number** 10257450 **Registered Office:** Mariners Park Shaftesbury Avenue South Shields NE32 3UP
**Head Office:** Harton Welfare Low Lane South Shields NE34 0NA
**Trustees** : Geoff Thompson Gary Crutwell Ernest Gibson Stephen Taylor Martin Urwin
**Public Benefit Statement** In carrying out its activities the Trustees have had regard to the Charity Commission's guidance on public benefit. **Financial Statements** These social accounts should be read in conjunction with the financial accounts **Exemptions from disclosure:** None **Funds held as a Custodian:** None
The Unaudited Financial Statements (prepared separately) set out the expenditure and income against our main activities for the year.
5
## Financial Summary
||**YE 30 June 2025**|**YE 30 June 2024**|**YE 30 June 2023**||
|---|---|---|---|---|
|Donations|53,218|62,563|168,321||
|Grants||8,288|94,626||
|Sponsorships||5,328|4,146||
|Gifts in Kind||000|25,610||
|Income from Charitable
Activities|147,790|103,600|34,274||
|Other Trading Activities|51,480|235,698|27,105||
|**Gross Profit**|**252,488**|**£ 415,477**|**£ 354,082**||
|Staff Costs||3,391|13,774||
|Licence Fee|113,065|113,991|80,801||
|Charitable Activities|112,353|226,687|244,963||
|Governance|17,691|15,472|11,929||
||||||
|**Total Expenses**|**243,109**|**£ 359,541**|**£ 351,467**||
||£ 9,379|£ 55,936|£ 2,613||
South Shields FC Foundation accounts are published on Companies House and Charity Commission Website
6
## Main Activities (1/5)
|**Activity**|**Description**||**Outputs (a)**|**Impact**|**Per**|**Claimed**||
|---|---|---|---|---|---|---|---|
|||||**Area**|**person**|**Social Value**||
||||||**value**|(a x b) – 40%||
||||||(b)|deadweight||
|Rosiefest 2024|Rosiefest is a music festival showcasing local bands||**2,305**Attendees|Giving Back||Not measured by||
||with the purpose of bringing people together|||||wellbeing valuation||
||(social interaction) to raise funds for local charities.||**£20,960**donated to|Making||||
||||charitable causes|Friends||||
|Charity Football|Five charity football matches took place this year
to raise awareness and funds for local charities||**5**Matches|Taking
Notice||Not measured by
wellbeing valuation||
||including Macmillan and Testicular Cancer||**£500**raised|||||
|||||Giving Back||||
|Epinay
Takeover|This annual employability project saw students
take over running parts of the club including
hospitality, groundskeeping. retail shop and first||**40**Year 11 students
involved in a week-
long employability|Learn and
Grow|£807|£ 19,368||
|Employability
Project|team training in the run up to a first team match
day.||project||||7|
## Main Activities (2/5)
|**Activity**|**Description**||**Outputs**|**Impact**|**Per**|**Social Value**||
|---|---|---|---|---|---|---|---|
|||||**Area**|**person**|||
||||||**value**|||
|Schools|We delivered Physical, Social, Health and Economic||**9 Schools**in areas of|||||
|Programme|programmes in Early Years Settings that supported
the KS1 and KS2 National Curriculum and also||multiple deprivation|||||
||delivered a number of multi sports extra curricular||**1 SEN School**|||||
||activity programmes.|||||||
||||**26,760 pupil**|||||
||||**contacts**in the|||||
||||academic year|||||
||||across 1204 sessions|||||
||||**2190**unique users|Be Active|£3,537|£4,647,618||
||||engaged|||||
|Grass Roots|We delivered an FA Accredited grass roots football||**2 part time jobs**|Learn and|£1,229|£ 1,474||
|Football|programme consisting of 24 boys and girls teams
across the u7 to u17 age group run by a group of||**created**in the
Hybrid Academy|Grow||||
|Programme|60 volunteers||**4 New volunteers,**|Giving Back|£2,357|£ 7,542||
||We also combined our in school development||**60**regular|||||
||experience with 8 performance teams, aiming to||volunteers it total|||||
||bridge the gap between the best of grassroots|||||||
||football and the categorised academies of the EFL||**320 junior players,**|Be Active|£3,101|£ 148,848||
||and Premier League.||including 60 new|||||
||||players||||8|
## Main Activities (3/5)
|**Activity**|**Description**|**Outputs**|**Impact**|**Per**|**Social Value**|
|---|---|---|---|---|---|
||||**Area**|**person**||
|||||**value**||
|Community
Activity|**Friday Night Football**remained our flagship open
community football programme delivered each
week during term time by professional coaching|**288 New unique**
**starters**between
01.07.24 and|Be Active|£3,537|£ 611,193|
|Programmes|staff. We also continued our specialist
programmes:**Thinkers & Movers**(ages 3-5 years|30.06.25||||
||and parents);**Mini Mariners**(progression for ages|**6 different**||||
||5 and 6 into grass roots teams);**Goalkeeper**|**programmes**per||||
||(position specific training).|week for 36 weeks||||
||We also continued to deliver holiday activities in|**2,988**contacts by 83||||
||partnership with South Tyneside Council. The|different participants||||
||Holiday Activities and Food programme is a|||||
||response to the cost-of living crisis to ensure that|**25 days of holiday**||||
||children who normally receive free school|**activities**achieving||||
||meals have access to free food and healthy|3100 contacts||||
||activities during school holidays. 85% of|||||
||beneficiaries live in the 5% most deprived|||||
||neighbourhoods nationally.|||||
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## Main Activities (4/5)
|**Activity**|**Description**||**Outputs**|**Impact**|**Per**|**Social Value**|
|---|---|---|---|---|---|---|
|||||**Area**|**person**||
||||||**value**||
|Community
Hub|We have continued to operate Harton and Westoe
Miners Welfare as a thriving community hub on
behalf of the trustees.||**NEW 2 weekly**
**toddler groups**of 18
children|Making
Friends|£1850|£ 19,980|
||Community Activities include Slimming World,||**NEW weekly singing**|Learning|£ 807|£ 7,263|
||Adult Fitness, Boxing, Running Club, Miners Banner||**group**of 15||||
||Group and Westoe Band.||||||
||||**NEW weekly Dance**|Be Active|£3,052|£ 54,936|
||New activities in 2024/25 include two play/toddler||**Schoo**l of 30||||
||groups, a music/singing class and a permanent||||||
||dance school in the studio.||**194**small events||||
||||and social||||
||Employability programmes have continued||gatherings,**9700**||||
||including First Aid and a new SIA training course||visitor contacts||||
||has been added to increase employability including||||||
||for those furthest away from employment.||**2**x 10 Day|Learning|£ 807|£ 14,526|
||||Employability||||
||Celebrations and life events including birthdays,||Programmes||||
||weddings, christenings, wakes and celebrations||delivered to 30||||
||have continued to grow with almost 200 events in||clients||||
||the year.||||||
10
## Main Activities (5/5)
|**Activity**|**Description**|**Outputs**|**Impact**|**Per**|**Social Value**|
|---|---|---|---|---|---|
||||**Area**|**person**||
|||||**value**||
|Awareness|Across the year the Foundation supported a|**6 Campaigns**|Take Notice||Not measured by|
|Raising|number of national campaigns and initiatives
designed to raise awareness about important|reaching 30k
followers|||wellbeing valuation|
|Campaigns|societal issues.|||||
||These included:|||||
||Show Racism the Red Card,|||||
||If You Care Share (Mental Health),|||||
||Hospitality & Hope (a local food bank),|||||
||International Women’s Day,|||||
||Play Safe (grass roots football),|||||
||Rainbow Laces|||||
||||Learn & Grow||£ 42,631|
||||Be Active||£ 5,462,595|
||||Giving Back||£ 7,542|
||||Making Friends||£ 19,980|
||||**Total**||**£ 5,532,748**|
||||||11|
Social Impact
Measured using the Wellbeing Valuation Methodology to policy evaluation, developed by Daniel Fujiwara (London School of Economics), Affinity Sutton, Catalyst Housing and the Housing Associations Charitable Trust.
||||||
|---|---|---|---|---|
||Social Value
Claimed
By Year
Cumulative
Total
Expenditure
By Year||||
|**2017/18**|£1,110,803|£ 1,110,803|£ 55,286|£20 per £1|
|**2018/19**|+ £2,229,585|£ 3,340,388|£ 353,561|£8 per £1|
|**2019/20**|+ £1,129,466|£ 4,469,854|£ 143,658|£8 per £1|
|**2020/21**|+ £5,693,334|£ 10,163,188|£ 238,076|£13 per £1|
|**2021/22**|+ £4,217,565|£ 14,380,753|£ 252,109|£14 per £1|
|**2022/23**|+ £10,562,416|£ 24,943,168|£ 384,467|£17.5 per £1|
|**2023/24**|+ £12,685,295|£37,628,463|£359,541|£21 per £1|
|**2024/25**|**+ £5,532,748**|**£43,161,211**|**£243,109**|**£21 per £1**|
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Community Activity Programme Contacts
Community Activity Programme Contacts Awareness Number of children we work Big Events Raising with each week in schools Campaigns **4** Small Events **2,988 194 930 6** Young People Adults completing completing Pupil Contacts per year in most Partner Employability Employability deprived neighbourhoods Schools Projects Projects Regular Volunteers **26,790** 9 **60 40 30** Holiday Activity Fund Contacts Funds Donated to Charitable Causes **3100 £20,960**
Pupil Contacts per year in most Partner deprived neighbourhoods Schools Regular Volunteers **26,790** 9 **60** Holiday Activity Fund Contacts **3100** Social Impact since 2017 **£43,161,211**
**Charity Registration No. 1176894**
**Company Registration No. 10257450 (England and Wales)**
**SOUTH SHIELDS FC FOUNDATION LIMITED TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025**
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Name of Charity**|South Shields FC Foundation Limited|
|---|---|
|**Charity registration number**|1176894|
|**Company number**|10257450|
|**Principal address**|Mariners Park|
||Shaftesbury Avenue|
||South Shields|
||Tyne and Wear|
||NE32 3UP|
|**Independent Examiner**|Stephen Green ACA|
||Mullen Stoker Ltd, Chartered Accountants|
||Mullen Stoker House|
||Mandale Business Park|
||Belmont Industrial Estate|
||Durham|
||DH1 1TH|
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Statement of trustees' responsibilities|3|
|Independent examiners' report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7 - 12|
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
The trustees, who are also directors for the purposes of company law, have pleasure in present their report and the financial statements for the charitable company for the period ended 30 June 2025. This incorporates the directors' report requirements of the Companies Act 2006.
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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **Structure, governance and management**
South Shields FC Foundation is a charitable company with dual reporting to Companies House and the Charity Commission. It is governed by its Articles of Association and trust deed.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Gary Crutwell Stephen David Taylor - resigned 21/10/2025 Martin Ronald Urwin - resigned 21/10/2025 Geoff Thompson Ernest Gibson
Day to day running of the charity is delegated to Steve Camm.
New trustees are appointed after interview and based on the skill needs of the charity at the time of appointment. Training is ongoing.
## **Objectives and activities**
South Shields FC Foundation is South Shields FC’s Club Community Organisation (CCO) as recognised by the National League North, which is part of the FA football pyramid. It is also a registered charity. It’s aim is to support the mental health and wellbeing of people living in South Tyneside and the surrounding area. Many parts of South Tyneside and the wider North East of England sit in the worst 5% of communities as measured by National Indices of Multiple Deprivation.
Its activities are organised around the five contributing factors to mental health and wellbeing as recognised by the NHS. These are:
1. Participating in healthy activities - we offer activities for people of all ages to participate in football, walking football, dance, boxing and fitness. A significant part of this is a Personal, Health, Social and Economic (PSHE) programme in schools connected to the National Curriculum;
2. Giving Something Back - we offer around 60 volunteering opportunities for people some of which are connected to employment pathways with the Foundation and Football Club in coaching and stewarding. We also organise and host events that raise money for local charities;
3. Learning a new Skill - we offer skills development and activities that encourage people to continue to learn, particularly those activities that support pathways to employment for those furthest away from employment.
4. Taking Notice - we deliver a number of campaigns, some connected to Football League and Premier League campaigns, to raise awareness and understanding of important societal issues
5. Making Friends - we deliver a number of activities that help people to stay connected, tackling social isolation
- 1 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'
The following organisations are connected:
- SSFCF 2017 Ltd - administers on behalf of 1888 Limited
- South Shields Football Club 1888 Limited - provide management services to each other
- Harton and Westoe Miners Welfare - charges rent
## **Achievements and performance**
These financial statements should be read alongside our Social Accounts for the financial year ended 30 June 2025. Those contain details of our activities and social impact within the community. Highlights include:
1. A PSHE Programme in 11 local schools that engages over 1000 young people each week in activities connected to the National Curriculum including healthy activities, multi sports, literacy, numeracy and personal and social development.
2. A Music Festival that raised £20,500 in ticket sales which was donated to local charity Cancer Connections
3. An innovative employability project for 50 young people from Epinay School, a local school for children with Special Educational Needs. This project saw Year 11 students take responsibility for delivering retail. hospitality and horticulture activities at football sites in a project designed to raise their skills and confidence and support pathways to employment beyond Year 11.
4. Our two main footballing programmes, a grass roots football club and a performance hybrid academy engaged more than 300 young people aged 6-17 in weekly activities supported by a group of 50 volunteers and Foundation coaching staff.
5. Three campaigns including a presence at first team match days promoting awareness about Food Banks, Mental Health and Show Racism the Red Card.
6. Open community participation programmes that had more than 5000 visits to participate in healthy activities in the year including a programme to ensure that those children who normally receive school meals can participate in healthy holiday activities that offer a healthy meal.
We use a Wellbeing Evaluation Methodology to assess the overall impact of our work. Since we formed in 2017 we have now passed the £40 million mark in social and community impact. That represents a social return on investment of around £20 for every £1 we spend.
## **Financial review and reserves policy**
The Foundation returned another profit in 2024/25 and we are optimistic that this trend will continue.
Reserves increased by £9,379 from a deficit of £7,586 to positive funds of £1,793. The charity is seeking to grow its reserves to a level equivalent to three months operating costs as a buffer against funding shortfalls. Funding income interruptions are the principal risk facing the charity. There are no restricted or designated funds.
On behalf of the board of trustees
Gary Crutwell Dated: 12 December 2025
- 2 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Trustees' report and the accounts in accordance with Charities Act 2011 and United Kingdom Generally Accepted Accounting Practice.
The Charities Act 2011 requires the Trustees to prepare accounts for each financial year which give a true and fair view of its financial activities during the year and of its financial position at the end of the year. In presenting those accounts, they are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP FRS 102;
- make judgements and estimates that are reasonable and prudent;
- follow applicable UK accounting standards and the Charities SORP FRS 102, disclosing and explaining any departures in the accounts; and
- prepare the accounts on the going concern basis unless it is inappropriate to do so.
The Trustees are responsible for maintaining proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the accounts comply with the Charities Act 2011 and with the requirements of the Statement of Recommended Practice 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 (FRS102)
(effective 1 January 2015) - Charities SORP FRS102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities besides the above responsibilities.
- 3 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF SOUTH SHIELDS FC FOUNDATION LIMITED**
I report to the trustees on my examination of the accounts of the charitable company for the period ended 30 June 2025.
## **Responsibilities and basis of report**
The charity trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report, in respect of my examination of your accounts carried out under section 145 of the Charities Act 2011 ("The 2011 Act"). In carrying out my examination, I have followed the directions given by the Charity Commission under section 145(5)(6) of the 2011 Act.
## **Independent examiner's statement**
Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Stephen Green ACA Mullen Stoker Limited, Chartered Accountants Mullne Stoker House Mandale Business Park Belmont Industrial Estate DH1 1TH
Dated: 12 December 2025
- 4 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
|**Unrestricted**
**Funds**
**2025**
**Notes**
**£**
**Incoming resources from generated funds**
Donations and legacies
**2**
**53,218**
Incoming resources from charitable activities
**3**
**147,790**
Other incoming resources
**4**
**51,480**
**Total incoming resources**
**252,488**
**Resources expended**
**5**
**Costs of generating funds**
Costs of generating donations and legacies
**20,465**
Fundraising trading: costs
**92,600**
**113,065**
**Charitable activities**
Charitable activities
**112,353**
Support costs
**17,691**
**Total resources expended**
**243,109**
**Net income for the year/**
**Net movement in funds**
**9,379**
Fund balances at 30 June 2024
**(7,586)**
**Fund balances at 30 June 2025**
**1,793**|2024
£
67,891
167,586
180,000
415,477
7,992
105,999
113,991
230,078
15,472
359,541
55,936
(63,522)
(7,586)|
|---|---|
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
The current and previous year figures all relate to continuing activities.
- 5 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **BALANCE SHEET**
## _**AS AT 30 JUNE 2025**_
|**2025**
**Notes**
**£**
**Fixed assets**
Tangible assets
**9**
**Current assets**
Debtors
**10**
**163,546**
Cash at bank and in hand
**396**
**163,942**
**Creditors: amounts falling due within**
**one year**
**11**
**(162,674)**
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**12**
**Net assets**
**Income funds**
Unrestricted funds|**£**
**1,714**
**1,268**
**2,982**
**(1,189)**
**1,793**
**1,793**
**1,793**|2024
£
64,907
597
65,504
(61,434)|£
2,586
4,070
6,656
(14,242)
(7,586)
(7,586)
(7,586)|
|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2025. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The accounts were approved and authorised by the Board on 12 December 2025
## **Gary Crutwell**
## **Company Registration No. 10257450**
- 6 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
South Shields FC Foundation Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). It is an incorporated registered charity which is limited by guarantee.
The Trustees have assessed the financial viability of the Charity and have concluded that there is no reason why the Charity will not continue operating for at least 12 months following the year ending 30th June 2025 and 12 months following the approval of the financial statements. For this reason the financial accounts have been prepared on a going concern basis. It should be noted the the charity has the backing of 'South Shields Football Club 1888 LImited' which is in partnership with the charity.
The financial statements have been prepared under the historical cost conventionn and 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 2015)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. The financial statements are prepared in UK sterling rounded to the nearest pounds.
## **1.2 Incoming resources and resources expended**
Unrestricted funds are incoming resources receivable or generated for the furtherance of the objectives of the Charity without a specified purpose and are available as general funds. Resources expended which meet these criteria are charged to the funds, together with a fair allocation of staff and support costs. Restricted funds are used for the specific purposes laid down by the donor or sponsor. Resources expended which meet these criteria are charged to the funds.
## **1.3 Taxation**
The Charity is exempt from taxation on its charitable activities, as it is a registered charity.
## **1.4 Tangible fixed assets and depreciation**
Tangible fixed assets, other than freehold land, are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Sports equipment 20% on cost Kit 50% on cost
## **1.5 Pensions**
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
## **1.6 Debtors**
Debtors are recognised at the settlement amount due after allowing for any discounts and as per the terms agreed. Prepayments are valued at the amounts prepaid for services and accrued income are valued at the amounts due per terms agreed and there is certainty of receipt.
- 7 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.7 Income & Expenditure**
Income is recognised in the period when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.
Income comprises of funds received from parent donations, grants, sponsors, school income, activities days, donations, events and finders fees for academy students.
The value of services provided by volunteers has not been included.
Expenditure incurred is recognised in the period once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
## **1.8 Other accounting policies**
## **Cash at bank and in hand:**
Cash at bank includes bank balances kept in current and deposit accounts.
## **Creditors and provisions:**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts.
## **Critical accounting estimates and judgements:**
There are no significant areas of judgement or key sources of estimation uncertainty arising from the preparation of the accounts.
## **2 Donations and legacies**
|Donations and gifts
Sponsorships received|**2025**
**£**
**52,418**
**800**
**53,218**|2024
£
62,563
5,328|
|---|---|---|
|||67,891|
- 8 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **3 Incoming resources from charitable activities**
|Football camps and grants
Fundraising activities
Finders fees|**2025**
**£**
**126,086**
**21,704**
**-**
**147,790**|2024
£
111,888
22,698
33,000|
|---|---|---|
|||167,586|
## **4 Other incoming resources**
||**2025**|2024|
|---|---|---|
||**£**|£|
|Management fees|**51,480**|180,000|
## **5 Total resources expended**
|**Costs of generating funds**
Costs of generating donations and legacies
Rent paid under operating leases
Total
**Charitable activities**
Activities undertaken directly
Grant funding of activities
Total
**Support costs**|**Other**
**costs**
**£**
20,465
92,600
**113,065**
_105,263_
_-_
**105,263**
**17,691**
**236,019**|**Grant**
**funding**
**£**
-
-
**-**
_-_
_7,090_
**7,090**
**-**
**7,090**|**Total**
**2025**
**£**
20,465
92,600
**113,065**
_105,263_
_7,090_
**112,353**
**17,691**
**243,109**|Total
2024
£
7,992
105,999|
|---|---|---|---|---|
|||||113,991
_180,251_
_49,827_
230,078
15,472|
|||||359,541|
Support costs include governance costs of £1,250 (2024:£1,250) being the independent examiner's fees and depreciation of £1,251 (2024: £6,167).
- 9 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **6 Grants payable**
|**Grants to**|**Grants to**|**Total**|Total|
|---|---|---|---|
|**institutions**|**individuals**|**2025**|2024|
|**£**|**£**|**£**|£|
|**5,009**|**2,081**|**7,090**|49,827|
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or expenses during the year or previous year.
## **8 Employees**
## **Employment costs**
|**Employment costs**|||
|---|---|---|
||**2025**|2024|
|Salaries & Wages|75,473|85,203|
|Social security costs|5,914|6,676|
|Pension|1,532|1,730|
||**82,919**|93,609|
|**Number of employees**|||
|The average number of employees during the year was:|||
||**2025**|2024|
||**Number**|Number|
|Average number of employees|**5**|6|
There were no employees whose annual remuneration was £60,000 or more.
- 10 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
|**9**
**Tangible fixed assets**
**Cost**
At 30 June 2024
Additions
**At 30 June 2025**
**Depreciation**
At 30 June 2024
Depreciation
**At 30 June 2025**
**Net book value**
**At 30 June 2025**
At 29 June 2024
**10**
**Debtors**
Trade debtors
Amounts owed by associated undertakings
Prepayments and accrued income
**11**
**Creditors: amounts falling due within one year**
Bank loans
Trade creditors
Amounts owed to associated undertakings
Taxes and social security
Accruals|**Other**
**Assets**
**Sports**
**Equipment**
**£**
**£**
4,384
116,284
379
-
**4,763**
**116,284**
2,560
115,522
565
686
**3,125**
**116,208**
**1,638**
**76**
1,824
762
**2025**
**£**
**13,446**
**150,100**
**-**
**163,546**
**2025**
**£**
**11,527**
**14,445**
**70,123**
**16,732**
**49,847**
**162,674**|**Total**
**£**
120,668
379|
|---|---|---|
|||**121,047**|
|||118,082
1,251|
|||**119,333**|
|||**1,714**|
|||2,586|
|||2024
£
6,328
58,339
240|
|||64,907|
|||2024
£
10,000
10,196
-
35,502
5,736|
|||61,434|
- 11 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
|**12**
**Creditors: amounts falling due after more than one year**
Bank loans
**13**
**Related party transactions**|**2025**
**£**
**1,189**|2024
£
14,242|
|---|---|---|
||||
The following related party transactions occured during the year:
## **SSFCF 2017 Ltd**
A management charge of £Nil (2024: £180,000) was rendered on this company. At the year end £135,188 (2024: £53,639) was owing by this company.
## **South Shields Football Club 1888 Limited**
A management fee of £51,480 (2024: £Nil) was rendered to this company. At the year end £14,912 (2024: £4,700) was owing by it.
## **Harton and Westoe Miners Welfare**
Rent of £93,600 (2024: £105,999) was paid. An amount of £70,123 (2024: £Nil) was owed to this charity at the year end.
- 12 -
**Charity Registration No. 1176894**
**Company Registration No. 10257450 (England and Wales)**
**SOUTH SHIELDS FC FOUNDATION LIMITED TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025**
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Name of Charity**|South Shields FC Foundation Limited|
|---|---|
|**Charity registration number**|1176894|
|**Company number**|10257450|
|**Principal address**|Mariners Park|
||Shaftesbury Avenue|
||South Shields|
||Tyne and Wear|
||NE32 3UP|
|**Independent Examiner**|Stephen Green ACA|
||Mullen Stoker Ltd, Chartered Accountants|
||Mullen Stoker House|
||Mandale Business Park|
||Belmont Industrial Estate|
||Durham|
||DH1 1TH|
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Statement of trustees' responsibilities|3|
|Independent examiners' report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7 - 12|
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
The trustees, who are also directors for the purposes of company law, have pleasure in present their report and the financial statements for the charitable company for the period ended 30 June 2025. This incorporates the directors' report requirements of the Companies Act 2006.
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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **Structure, governance and management**
South Shields FC Foundation is a charitable company with dual reporting to Companies House and the Charity Commission. It is governed by its Articles of Association and trust deed.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Gary Crutwell Stephen David Taylor - resigned 21/10/2025 Martin Ronald Urwin - resigned 21/10/2025 Geoff Thompson Ernest Gibson
Day to day running of the charity is delegated to Steve Camm.
New trustees are appointed after interview and based on the skill needs of the charity at the time of appointment. Training is ongoing.
## **Objectives and activities**
South Shields FC Foundation is South Shields FC’s Club Community Organisation (CCO) as recognised by the National League North, which is part of the FA football pyramid. It is also a registered charity. It’s aim is to support the mental health and wellbeing of people living in South Tyneside and the surrounding area. Many parts of South Tyneside and the wider North East of England sit in the worst 5% of communities as measured by National Indices of Multiple Deprivation.
Its activities are organised around the five contributing factors to mental health and wellbeing as recognised by the NHS. These are:
1. Participating in healthy activities - we offer activities for people of all ages to participate in football, walking football, dance, boxing and fitness. A significant part of this is a Personal, Health, Social and Economic (PSHE) programme in schools connected to the National Curriculum;
2. Giving Something Back - we offer around 60 volunteering opportunities for people some of which are connected to employment pathways with the Foundation and Football Club in coaching and stewarding. We also organise and host events that raise money for local charities;
3. Learning a new Skill - we offer skills development and activities that encourage people to continue to learn, particularly those activities that support pathways to employment for those furthest away from employment.
4. Taking Notice - we deliver a number of campaigns, some connected to Football League and Premier League campaigns, to raise awareness and understanding of important societal issues
5. Making Friends - we deliver a number of activities that help people to stay connected, tackling social isolation
- 1 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'
The following organisations are connected:
- SSFCF 2017 Ltd - administers on behalf of 1888 Limited
- South Shields Football Club 1888 Limited - provide management services to each other
- Harton and Westoe Miners Welfare - charges rent
## **Achievements and performance**
These financial statements should be read alongside our Social Accounts for the financial year ended 30 June 2025. Those contain details of our activities and social impact within the community. Highlights include:
1. A PSHE Programme in 11 local schools that engages over 1000 young people each week in activities connected to the National Curriculum including healthy activities, multi sports, literacy, numeracy and personal and social development.
2. A Music Festival that raised £20,500 in ticket sales which was donated to local charity Cancer Connections
3. An innovative employability project for 50 young people from Epinay School, a local school for children with Special Educational Needs. This project saw Year 11 students take responsibility for delivering retail. hospitality and horticulture activities at football sites in a project designed to raise their skills and confidence and support pathways to employment beyond Year 11.
4. Our two main footballing programmes, a grass roots football club and a performance hybrid academy engaged more than 300 young people aged 6-17 in weekly activities supported by a group of 50 volunteers and Foundation coaching staff.
5. Three campaigns including a presence at first team match days promoting awareness about Food Banks, Mental Health and Show Racism the Red Card.
6. Open community participation programmes that had more than 5000 visits to participate in healthy activities in the year including a programme to ensure that those children who normally receive school meals can participate in healthy holiday activities that offer a healthy meal.
We use a Wellbeing Evaluation Methodology to assess the overall impact of our work. Since we formed in 2017 we have now passed the £40 million mark in social and community impact. That represents a social return on investment of around £20 for every £1 we spend.
## **Financial review and reserves policy**
The Foundation returned another profit in 2024/25 and we are optimistic that this trend will continue.
Reserves increased by £9,379 from a deficit of £7,586 to positive funds of £1,793. The charity is seeking to grow its reserves to a level equivalent to three months operating costs as a buffer against funding shortfalls. Funding income interruptions are the principal risk facing the charity. There are no restricted or designated funds.
On behalf of the board of trustees
Gary Crutwell Dated: 12 December 2025
- 2 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Trustees' report and the accounts in accordance with Charities Act 2011 and United Kingdom Generally Accepted Accounting Practice.
The Charities Act 2011 requires the Trustees to prepare accounts for each financial year which give a true and fair view of its financial activities during the year and of its financial position at the end of the year. In presenting those accounts, they are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP FRS 102;
- make judgements and estimates that are reasonable and prudent;
- follow applicable UK accounting standards and the Charities SORP FRS 102, disclosing and explaining any departures in the accounts; and
- prepare the accounts on the going concern basis unless it is inappropriate to do so.
The Trustees are responsible for maintaining proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the accounts comply with the Charities Act 2011 and with the requirements of the Statement of Recommended Practice 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 (FRS102)
(effective 1 January 2015) - Charities SORP FRS102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities besides the above responsibilities.
- 3 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF SOUTH SHIELDS FC FOUNDATION LIMITED**
I report to the trustees on my examination of the accounts of the charitable company for the period ended 30 June 2025.
## **Responsibilities and basis of report**
The charity trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report, in respect of my examination of your accounts carried out under section 145 of the Charities Act 2011 ("The 2011 Act"). In carrying out my examination, I have followed the directions given by the Charity Commission under section 145(5)(6) of the 2011 Act.
## **Independent examiner's statement**
Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Stephen Green ACA Mullen Stoker Limited, Chartered Accountants Mullne Stoker House Mandale Business Park Belmont Industrial Estate DH1 1TH
Dated: 12 December 2025
- 4 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
|**Unrestricted**
**Funds**
**2025**
**Notes**
**£**
**Incoming resources from generated funds**
Donations and legacies
**2**
**53,218**
Incoming resources from charitable activities
**3**
**147,790**
Other incoming resources
**4**
**51,480**
**Total incoming resources**
**252,488**
**Resources expended**
**5**
**Costs of generating funds**
Costs of generating donations and legacies
**20,465**
Fundraising trading: costs
**92,600**
**113,065**
**Charitable activities**
Charitable activities
**112,353**
Support costs
**17,691**
**Total resources expended**
**243,109**
**Net income for the year/**
**Net movement in funds**
**9,379**
Fund balances at 30 June 2024
**(7,586)**
**Fund balances at 30 June 2025**
**1,793**|2024
£
67,891
167,586
180,000
415,477
7,992
105,999
113,991
230,078
15,472
359,541
55,936
(63,522)
(7,586)|
|---|---|
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
The current and previous year figures all relate to continuing activities.
- 5 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **BALANCE SHEET**
## _**AS AT 30 JUNE 2025**_
|**2025**
**Notes**
**£**
**Fixed assets**
Tangible assets
**9**
**Current assets**
Debtors
**10**
**163,546**
Cash at bank and in hand
**396**
**163,942**
**Creditors: amounts falling due within**
**one year**
**11**
**(162,674)**
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**12**
**Net assets**
**Income funds**
Unrestricted funds|**£**
**1,714**
**1,268**
**2,982**
**(1,189)**
**1,793**
**1,793**
**1,793**|2024
£
64,907
597
65,504
(61,434)|£
2,586
4,070
6,656
(14,242)
(7,586)
(7,586)
(7,586)|
|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2025. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The accounts were approved and authorised by the Board on 12 December 2025
## **Gary Crutwell**
## **Company Registration No. 10257450**
- 6 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
South Shields FC Foundation Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). It is an incorporated registered charity which is limited by guarantee.
The Trustees have assessed the financial viability of the Charity and have concluded that there is no reason why the Charity will not continue operating for at least 12 months following the year ending 30th June 2025 and 12 months following the approval of the financial statements. For this reason the financial accounts have been prepared on a going concern basis. It should be noted the the charity has the backing of 'South Shields Football Club 1888 LImited' which is in partnership with the charity.
The financial statements have been prepared under the historical cost conventionn and 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 2015)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. The financial statements are prepared in UK sterling rounded to the nearest pounds.
## **1.2 Incoming resources and resources expended**
Unrestricted funds are incoming resources receivable or generated for the furtherance of the objectives of the Charity without a specified purpose and are available as general funds. Resources expended which meet these criteria are charged to the funds, together with a fair allocation of staff and support costs. Restricted funds are used for the specific purposes laid down by the donor or sponsor. Resources expended which meet these criteria are charged to the funds.
## **1.3 Taxation**
The Charity is exempt from taxation on its charitable activities, as it is a registered charity.
## **1.4 Tangible fixed assets and depreciation**
Tangible fixed assets, other than freehold land, are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Sports equipment 20% on cost Kit 50% on cost
## **1.5 Pensions**
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
## **1.6 Debtors**
Debtors are recognised at the settlement amount due after allowing for any discounts and as per the terms agreed. Prepayments are valued at the amounts prepaid for services and accrued income are valued at the amounts due per terms agreed and there is certainty of receipt.
- 7 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.7 Income & Expenditure**
Income is recognised in the period when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.
Income comprises of funds received from parent donations, grants, sponsors, school income, activities days, donations, events and finders fees for academy students.
The value of services provided by volunteers has not been included.
Expenditure incurred is recognised in the period once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
## **1.8 Other accounting policies**
## **Cash at bank and in hand:**
Cash at bank includes bank balances kept in current and deposit accounts.
## **Creditors and provisions:**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts.
## **Critical accounting estimates and judgements:**
There are no significant areas of judgement or key sources of estimation uncertainty arising from the preparation of the accounts.
## **2 Donations and legacies**
|Donations and gifts
Sponsorships received|**2025**
**£**
**52,418**
**800**
**53,218**|2024
£
62,563
5,328|
|---|---|---|
|||67,891|
- 8 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **3 Incoming resources from charitable activities**
|Football camps and grants
Fundraising activities
Finders fees|**2025**
**£**
**126,086**
**21,704**
**-**
**147,790**|2024
£
111,888
22,698
33,000|
|---|---|---|
|||167,586|
## **4 Other incoming resources**
||**2025**|2024|
|---|---|---|
||**£**|£|
|Management fees|**51,480**|180,000|
## **5 Total resources expended**
|**Costs of generating funds**
Costs of generating donations and legacies
Rent paid under operating leases
Total
**Charitable activities**
Activities undertaken directly
Grant funding of activities
Total
**Support costs**|**Other**
**costs**
**£**
20,465
92,600
**113,065**
_105,263_
_-_
**105,263**
**17,691**
**236,019**|**Grant**
**funding**
**£**
-
-
**-**
_-_
_7,090_
**7,090**
**-**
**7,090**|**Total**
**2025**
**£**
20,465
92,600
**113,065**
_105,263_
_7,090_
**112,353**
**17,691**
**243,109**|Total
2024
£
7,992
105,999|
|---|---|---|---|---|
|||||113,991
_180,251_
_49,827_
230,078
15,472|
|||||359,541|
Support costs include governance costs of £1,250 (2024:£1,250) being the independent examiner's fees and depreciation of £1,251 (2024: £6,167).
- 9 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
## **6 Grants payable**
|**Grants to**|**Grants to**|**Total**|Total|
|---|---|---|---|
|**institutions**|**individuals**|**2025**|2024|
|**£**|**£**|**£**|£|
|**5,009**|**2,081**|**7,090**|49,827|
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or expenses during the year or previous year.
## **8 Employees**
## **Employment costs**
|**Employment costs**|||
|---|---|---|
||**2025**|2024|
|Salaries & Wages|75,473|85,203|
|Social security costs|5,914|6,676|
|Pension|1,532|1,730|
||**82,919**|93,609|
|**Number of employees**|||
|The average number of employees during the year was:|||
||**2025**|2024|
||**Number**|Number|
|Average number of employees|**5**|6|
There were no employees whose annual remuneration was £60,000 or more.
- 10 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2025**_
|**9**
**Tangible fixed assets**
**Cost**
At 30 June 2024
Additions
**At 30 June 2025**
**Depreciation**
At 30 June 2024
Depreciation
**At 30 June 2025**
**Net book value**
**At 30 June 2025**
At 29 June 2024
**10**
**Debtors**
Trade debtors
Amounts owed by associated undertakings
Prepayments and accrued income
**11**
**Creditors: amounts falling due within one year**
Bank loans
Trade creditors
Amounts owed to associated undertakings
Taxes and social security
Accruals|**Other**
**Assets**
**Sports**
**Equipment**
**£**
**£**
4,384
116,284
379
-
**4,763**
**116,284**
2,560
115,522
565
686
**3,125**
**116,208**
**1,638**
**76**
1,824
762
**2025**
**£**
**13,446**
**150,100**
**-**
**163,546**
**2025**
**£**
**11,527**
**14,445**
**70,123**
**16,732**
**49,847**
**162,674**|**Total**
**£**
120,668
379|
|---|---|---|
|||**121,047**|
|||118,082
1,251|
|||**119,333**|
|||**1,714**|
|||2,586|
|||2024
£
6,328
58,339
240|
|||64,907|
|||2024
£
10,000
10,196
-
35,502
5,736|
|||61,434|
- 11 -
## **SOUTH SHIELDS FC FOUNDATION LIMITED**
## **NOTES TO THE ACCOUNTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2025**_
|**12**
**Creditors: amounts falling due after more than one year**
Bank loans
**13**
**Related party transactions**|**2025**
**£**
**1,189**|2024
£
14,242|
|---|---|---|
||||
The following related party transactions occured during the year:
## **SSFCF 2017 Ltd**
A management charge of £Nil (2024: £180,000) was rendered on this company. At the year end £135,188 (2024: £53,639) was owing by this company.
## **South Shields Football Club 1888 Limited**
A management fee of £51,480 (2024: £Nil) was rendered to this company. At the year end £14,912 (2024: £4,700) was owing by it.
## **Harton and Westoe Miners Welfare**
Rent of £93,600 (2024: £105,999) was paid. An amount of £70,123 (2024: £Nil) was owed to this charity at the year end.
- 12 -