Scottish Charity No : SC040027
Report of the Trustees and
Unaudited Financial Statements For The Year Ended
31 March 2025
for
North Kelvin Sports Development Group
UNAUDITED FINANCIAL STATEMENTS
FOR YEAR ENDED 31 MARCH 2025
| CONTENTS | |
|---|---|
| Company Information | 1 |
| Trustees Report | 2-3 |
| Report of Independent Examiner | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes Forming Part of the Financial Statements | 7 |
CHARITY REPORT FOR THE YEAR ENDED 31 MARCH 2025
The trustees submit their report together with the financial statements for the year ended 31 March 2025.
Reference & Administrative Information
Charity Name: North Glasgow Sports Development Group Charity Number: SC040027 Registered Office: Maryhill Community Centre 35 Avenuepark Street Glasgow G20 8TS Trustees: Independent Examiner: Curle & Co (Scotland) Ltd Chartered Accountants 22 Backbrae Street Kilsyth GLASGOW G65 ONH Bankers: TSB Bank 196 Byres Road GLASGOW G12 8SN
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TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025
1. North Glasgow Sports Development Group is a registered Scottish Charity No SC040027 and is located at Maryhill Community Centre, 35 Avenuepark Street, Glasgow, G20 8TS.
2. The Aims and Objects of the Group are:
To promote inclusiveness, opportunity and access for all, irrespective of social, racial, religious or cultural background; to improve facilities and coaching availability in our area and to promote youth diversity through football.
In the year ended 31 March 2025, the core objectives were:
To continue to consolidate and develop the Bridges and Barriers, our flagship anti-sectarian project, to promote its use outside of our own demographic and develop the concept of a national project. This progressed well in the year to March 2025, with another local jurisdiction onboarded and funding secured for 2026.
To continue delivery of the North Kelvin Academy - a project to provide after school care to local families. Continuing a positive funding round, the group met all targets for 2024/25 and have re-funded going into FY 2025/26.
To re-establish the delivery of Fit & Able - a project designed to support young people with disabilities or assisted needs.
To maintain the SFA Quality Mark status, this has been delivered in line with the requirements of the Quality Mark accreditation. This was achieved, and bolstered with the continued employment of a senior Head of Football who continues to professionalise our delivery. Continued growth in numbers of members support the strategy employed.
Overall pre covid funding was re-established and new funding streams were introduced over 2024-2025. The group would like to thank all its funding contributors including:
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Scottish Government Tackling Sectarianism Fund
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Volunteer Support Fund
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Scottish Government Investing in Communities Fund
-
Scottish Government Community Recovery Fund
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Financial ReseNes." The Group aim to maintain a reserve to manage any potential funding gaps. should they arise. Reserves will depend on donations and grants however the policy outlines what should happen should the charity have excess funds. The Group aims to take a low risk strategy when it comes to reserves so the continued support can be guaranteed for years to come. Any reserves the Group has will be saved and if necessary spent on essential operational costs which are unforeseen or in situations where funding sources have been withdrawn. In a utopic situation the Group would like to hold reser4es to the value of three months operating costs factoring in annual increases from previous years. It is believed this would be sufficient for any unexpected loss of funding. Reserves will be monitored and reported annually and discussed at the end of year board meeting. 3. The Management of the Group is the responsibility of the Trustees and'.is govemed by committee. The Trustees who ser4ed during the year ended 31 March 2025 were as follows: _ Trustee Date: Dec 18, 2025
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR YEAR ENDING 31 MARCH 2025
We report on the financial statements for the year ended 31 March 2025 set out on pages two to four.
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. 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 our attention.
Basis of the Independent Examiner's Report
Our 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 seeks explanations from the 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 accounts.
Independent Examiner's Statement
In the course of my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect; the requirements
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to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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to prepare accounts which accord with the accounting records and
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comply with Regulation 8 of the 2006 Accounts Regulations have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
22 Backbrae Street Kilsyth G65 ONH
Dec 18, 2025 Date:
_
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North Kelvin Sports Development Group
Statement of Financial Activities
For the Year Ended 31 March 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOMING RESOURCES | ||||
| Incoming resources from generated funds | ||||
| Grants | 208,022 | 208,022 | 145,548 | |
| Voluntaryincome | 120,474 | 120,474 | 109,776 | |
| Commercial Revenue | 56,432 | 56,432 | 52,675 | |
| Interest receivable | 1,167 | 1,167 | 705 | |
| Total incoming resources | 178,073 | 208,022 | 386,095 | 308,704 |
| RESOURCES EXPENDED | ||||
| Costs of generating funds | ||||
| Costsofgenerating voluntaryincome | 1,973 | |||
| Administrationcosts | 23,378 | 23,378 | 16,511 | |
| Staff costs | 41,747 | 110,614 | 152,361 | 144,038 |
| Charitable activities | ||||
| Footballrunningcosts | 131,208 | 131,208 | 103,590 | |
| Projectcosts | 97,408 | 97,408 | 11,065 | |
| Finance costs | ||||
| Finance Admin | 911 | 911 | 2,194 | |
| Depreciation | 555 | 555 | 46 | |
| Totalresources expended | 197,799 | 208,022 | 405,821 | 279,417 |
| Net incoming/(outgoing)resourcesbefore transfers | 19,726 | 19,726 | 29,287 | |
| Gross transfers between funds | ||||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 19,974 | 32,797 | 23,484 | 23,484 |
| TOTAL FUNDS CARRIED FORWARD | 248 | 32,797 | 33,045 | 52,771 |
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North Kelvin Sports Development Group
Balance Sheet As At
31 March 2025
| Fixed Assets Camera Equipment Current Assets Bank Accounts Current Account Deposit Account Current Liabilities PAYE and NIC Accrual Net Current Assets Total Assets Less Current Liabilities Long Term Liabilities Net Assets Funds Retained Funds The financial statements were aroved b |
2025 Unrestricted Restricted Total funds funds funds £ £ £ 1,619.00 1,619.00 3,219.00 3,219.00 8,480.00 32,797.00 41,277.00 |
2024 Total funds £ 2,175.00 4,650.00 65,104.00 71,929.00 6,769.00 12,389.00 19,158.00 52,771.00 52,771.00 52,771.00 |
||
|---|---|---|---|---|
| 11,699.00 32,797.00 44,496.00 53.00 53.00 13,123.00 13,123.00 |
||||
| 13,070.00 13,070.00 248.00 32,797.00 33,045.00 |
||||
| 248.00 32,797.00 33,045.00 |
||||
| he B | 248.00 32,797.00 33,045.00 248.00 32,797.00 33,045.00 ard of Trstees on Dec 18,2025 |
|||
| 52,771.00 |
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
- Trustee
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NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR YEAR ENDING 31 MARCH 2025
1. ACCOUNTING POLICIES
Accounting Convention
The financial statements have been prepared under the historical cost convention, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities.
Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended.
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.
Taxation
The charity is exempt from tax on its charitable activities.
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