OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Spartan's FC (Youth)

2025-05-31-accounts

==> picture [448 x 183] intentionally omitted <==

----- Start of picture text -----
Charity registration number SC029945 (Scotland)
SPARTANS FC YOUTH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
----- End of picture text -----

ANS FC YOUTH

TS

port

t examiner's report

of financial activities

Balance sheet

Notes to the financial statements

18

SPARTANS FC YOUTH

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MAY 2025

The trustees present their annual report and financial statements for the year ended 31 May 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "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).

Spartans FC (Youth) (‘the club’) is a charitable unincorporated association. Our purposes, as recorded in our constitution, are to advance the education of school age children in the Edinburgh area through providing and organising facilities and coaching to play association football or other games and sports and to provide and maintain equipment to carry out these objectives.

Objectives and activities Our aim is that regular donation income covers the following areas of expenditure:- pitch hire (training and matches), playing kit, team expenses (such as referees, league registration fees, player insurance etc) replacement of equipment (goals, balls, nets, bibs, cones etc) and other general club expenses (insurance, admin costs, coach development etc).

Achievements and performance

The membership of Spartans FC (Youth) remains strong with over 465 boys and 135 girls training twice a week ina safe and fun environment. The boys section consists of 6 small sided squads of approximately 40 boys from U6 to U12, and 17 11 aside squads from U13 to U18.

The girls section consists of the Next Generation Programme and our regional squads. The Next Generation Programme consists of the three squads at U13, U15 and U17, the criteria to be accepted in the nationwide programme is set and monitored by the SFA. The NGP key requirements for each squad is to train three times a week, perform 2 strength and conditioning sessions a week, and head coaches must be UEFA B qualified. The club has over 100 volunteers who provide a minimum of 3 hours per week unpaid. In addition, the volunteers attend various types of courses so that the club maintain a high standard of coaching and developing our children in a positive and encouraging environment. Consequently the club maintain their Community Legacy Quality mark. Each age group has their own restricted fund, the level of activity is dependant on the enthusiasm of the coaches and parents. This financial year 3 squads travelled overseas to play in competitions.

-1-

SPARTANS FC YOUTH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025

Financial review The club madea deficit of £14,988 on unrestricted funds for the year ended 31 May 2025 compared to a surplus of £67,541 in 2024. In total the club made a net deficit of £11,085 in 2025, compared with a net surplus of £59,305 in 2024. This was principally due to an increase of £69,053 spent on stripes and equipment, split £36,000 on replacement of match kit for all teams within unrestricted funds and teams spending restricted funds of £33,000 on training kit.

Income for 2025 was £424,053 an increase of £13,475 from 2024. Subscriptions income decreased by £908 to £265,115 in 2025. Donation and sponsorship income decreased by £1,123, and other funding raising activities increased by £15,756.

Total costs increased in 2025 by £83,865 to £435,138. Spend on stripes and equipment increased by £69,053 as stated above. Staff costs increased by £12,536 reflecting an increase in headcount and the minimum wage. Pitch costs increased by £24,572 due to higher rental costs and increased usage. These were offset by a reduction in team expenses of £30,812 principally due to teams spending less of their restricted funds on overseas trips and additional activities for their squads. The restricted funds in 2025 increased by £3,903 to £54,118. In 2025 teams raised £104,781 from a mix of fundraising activities and sponsorship, and spent £78,238 on team activities and £60,202 on training kit. Team activities vary from organising overseas trips to football tournaments, additional training/educational sessions, football festivals, team building activities, and end of season prizes/trophies. The unrestricted funds in 2025 decreased by £14,988 to £123,819. We aim to create a development fund in the future for any surplus generated on an annual basis.

Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, governance and management

Spartans FC (Youth) (‘the club’) is a charitable unincorporated association.

Recruitment and appointment of trustees The association is administered by its Board of Trustees. The Trustees of the Club are appointed by members at our Annual General Meeting. The trustees meet quarterly throughout the year.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

-2-

SPARTANS FC YOUTH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025

Eeeis 2 Chartered Accountant, and is responsible for the production of monthly management accoun bscriptions are being paid, and income and expenditure are allocated accurately between general and re ephen spends 3 days a month working on Spartans matters. P| is a Trustee and was a Head Coach with Spartans Youth for 15 years. Over the past few years Way at 7s and 11s whilst also developing and embedding the Spartans Values with the Club Manager and HEas been a Youth section coach for 38 years the last 20 years here at Spartans, and is currently the rst division coaches to develop an elite player pathway.

es are responsible for the maintenance and integrity of the financial information included on the charity’s tatements may differ from legislation in other jurisdictions.

-3-

SPARTANS FC YOUTH

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2025

Organisational structure Charity Registration Number

Trustees

Contact Address

Independent Examiner

rt

pus

Principal Bankers

and nk

-4-

NS FC YOUTH

ES' REPORT (CONTINUED) YEAR ENDED 31 MAY 2025

of Trustees’ responsibilities s are responsible for preparing the Trustees' Report and the financial statements in accordance with law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting

plicable to charities in Scotland requires the trustees to prepare financial statements for each financial give a true and fair view of the state of affairs of the charity and of the incoming resources and of resources of the charity for that year.

these financial statements, the trustees are required to: able accounting policies and then apply them consistently; e methods and principles in the Charities SORP; ements and estimates that are reasonable and prudent; ther applicable accounting standards have been followed, subject to any material departures disclosed ed in the financial statements; and

e financial statements on the going concern basis unless it is inappropriate to presume that the charity e in operation.

responsible for keeping adequate accounting records that disclose with reasonable accuracy at cial position of the charity and enable them to ensure that the financial statements comply with the 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts ations 2006. They are also responsible for safeguarding the assets of the charity and hence for steps for the prevention and detection of fraud and other irregularities.

ort was approved by the Board of Trustees.

-5-

SPARTANS FC YOUTH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SPARTANS FC YOUTH

| report on the financial statements of the charity for the year ended 31 May 2025, which are set out on pages 7 to 18.

Respective responsibilities of trustees and examiner The charity’s trustees are responsible for the preparation of the financial statements in accordance with the terms Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts ns does not apply. It is my responsibility to examine the financial statements as required under section f the Act and to state whether particular matters have come to my attention. ndependent examiner's statement ination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An n includes a review of the accounting records kept by the charity and a comparison of the financial s presented with those records. It also includes consideration of any unusual items or disclosures in the tatements, and seeks explanations from the trustees concerning any such matters. The procedures n do not provide all the evidence that would be required in an audit and consequently | do not express pinion on the view given by the financial statements.

ent examiner's statement

ion with my examination, no matter has come to my attention: h 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 financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations; t been met or

, in my opinion, attention should be drawn in order to enable a proper understanding of the statements to be reached.

==> picture [52 x 59] intentionally omitted <==

----- Start of picture text -----
_
----- End of picture text -----

-6-

SPARTANS FC YOUTH

BALANCE SHEET

AS AT 31 MAY 2025

2025 2024
Notes £ £ £ £
Current assets
Debtors 12 33,223 29,157
Cash at bank and in hand 174,480 184,088
207,703 213,245
Creditors: amounts falling due within 13
oneyear (29,766) (24,223)
Net current assets 177,937 189,022
Thefunds ofthe charity
Restricted income funds 16 54,118 50,215
Unrestricted funds 17 123,819 138,807
177,937 189,022

The financial statements were approved by the trustees on 23-02-2623-02-2

Trustee

-8-

%Zs %Zw %Z{

%6Z %6`

f

s

~~3[~~

~~33^ac3_~~

~~3ma[`^~~

~~mZalcm Z]a_3Z~~

~~0~~ 0 04 WV Z 8_ 4 ~~-,1'-0~~ 4 ~~-,1'-*0 +5&04 +5&04 WXWY WXWV~~ Z Z 8L]^e 6

Y

==> picture [16 x 240] intentionally omitted <==

----- Start of picture text -----
KK
KV
----- End of picture text -----

)j

)p