REGISTERED COMPANY NUMBER: SC367081 (Scotland)
REGISTERED CHARITY NUMBER: 41035
Unaudited Financial Statements
for the Year Ended
30 June 2025
for
STRATHAVEN DYNAMOS AFC LTD.
WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA
STRATHAVEN DYNAMOS AFC LTD.
Contents of the Financial Statements
for the Year Ended 30 June 2025
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|
Page |
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Report of the Trustees |
1 |
to |
2 |
Independent Examiner's Report |
|
3 |
|
Statement of Financial Activities |
|
4 |
|
Balance Sheet |
5 |
to |
6 |
Notes to the Financial Statements |
7 |
to |
12 |
Detailed Statement of Financial Activities |
|
13 |
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STRATHAVEN DYNAMOS AFC LTD.
Report of the Trustees
for the Year Ended 30 June 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended30June2025.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Tofoster&developthegameofyouthamateurfootballinthecommunityofStrathavenandthesurrounding Avondale
district for the benefit of the local community, specifically but not exclusively young persons.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC367081 (Scotland)
Registered Charity number
41035
Registered office
Oakfield House
378 Brandon Street
Motherwell
Lanarkshire
ML1 1XA
Trustees
F McGraw
K Mercer (resigned 29.11.24)
P H Eunson (resigned 29.11.24)
L Gray (appointed 29.11.24)
C Russell (appointed 29.11.24)
C S Thomson (appointed 16.12.24)
S Muldoon (appointed 10.11.25)
Company Secretary
C Russell
Independent Examiner
Craig Gibson
WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA
Page 1
STRATHAVEN DYNAMOS AFC LTD.
Report of the Trustees
for the Year Ended 30 June 2025
27th March 2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
....................................................................................... Cobit Kusscll C Russell - Trustee
Page 2
Independent Examiner's Report to the Trustees of
Strathaven Dynamos Afc Ltd.
I report on the accounts for the year ended 30 June 2025 set out on pages four to twelve.
Respective responsibilities of trustees and examiner
Thecharity'strusteesareresponsibleforthepreparationoftheaccountsinaccordancewiththetermsof the
CharitiesandTrusteeInvestment(Scotland)Act2005andtheCharitiesAccounts(Scotland)Regulations2006 (as
amended).Thecharity'strusteesconsiderthattheauditrequirementofRegulation10(1)(a)to(c)ofthe Accounts
Regulationsdoesnotapply.ItismyresponsibilitytoexaminetheaccountsasrequiredunderSection44(1)(c)of the
Act and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
MyexaminationwascarriedoutinaccordancewithRegulation11oftheCharitiesAccounts(Scotland) Regulations
2006.Anexaminationincludesareviewoftheaccountingrecordskeptbythecharityandacomparisonof the
accountspresentedwiththoserecords.Italsoincludesconsiderationofanyunusualitemsordisclosuresin the
accounts,andseekingexplanationsfromyouastrusteesconcerninganysuchmatters.Theproceduresundertaken do
notprovidealltheevidencethatwouldberequiredinanaudit,andconsequentlyIdonotexpressanauditopinion 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.
Craig Gibson
The Association of Chartered Certified Accountants
WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA
Date: .............................................
Page 3
STRATHAVEN DYNAMOS AFC LTD.
Statement of Financial Activities
for the Year Ended 30 June 2025
2025
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
130,883
EXPENDITURE ON
Raising funds
2
121,811
NET INCOME/(EXPENDITURE)
9,072
RECONCILIATION OF FUNDS
Total funds brought forward
34,203
TOTAL FUNDS CARRIED FORWARD
43,275 |
2024
Total
funds
£
106,198
120,777
(14,579)
48,782
34,203 |
|
|
The notes form part of these financial statements
Page 4
STRATHAVEN DYNAMOS AFC LTD.
Balance Sheet
30 June 2025
2025
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
4,151
CURRENT ASSETS
Cash at bank
39,557
CREDITORS
Amounts falling due within one year
8
(433)
NET CURRENT ASSETS
39,124
TOTAL ASSETS LESS CURRENT
LIABILITIES
43,275
NET ASSETS
43,275
FUNDS
9
Unrestricted funds
43,275
TOTAL FUNDS
43,275 |
2024
Total
funds
£
5,816
28,820
(433)
28,387
34,203
34,203
34,203
34,203 |
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006for the
year ended 30 June 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)ensuringthatthecharitablecompanykeepsaccountingrecordsthatcomplywithSections386and387of the
Companies Act 2006 and
(b)preparingfinancialstatementswhichgivea trueandfairviewofthestateofaffairsofthecharitable company
asattheendofeachfinancialyearandofitssurplusordeficitforeachfinancialyearinaccordancewith the
requirementsofSections394and395andwhichotherwisecomplywiththerequirementsofthe Companies
Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 5
STRATHAVEN DYNAMOS AFC LTD.
Balance Sheet - continued
30 June 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
27th March 2026 The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Cobin Kusscll
C Russell - Trustee
The notes form part of these financial statements
Page 6
STRATHAVEN DYNAMOS AFC LTD.
Notes to the Financial Statements
for the Year Ended 30 June 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January 2019)',
FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of
Ireland'andtheCompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistorical cost
convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothe funds,
it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis
andhasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
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.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
continued...
Page 7
STRATHAVEN DYNAMOS AFC LTD.
Notes to the Financial Statements - continued
for the Year Ended 30 June 2025
2. RAISING FUNDS
Raising donations and legacies
Raising donations and legacies |
|
|
|
2025 |
2024 |
|
£ |
£ |
Support costs |
121,811 |
120,777 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2025 |
2024 |
|
£ |
£ |
Depreciation - owned assets |
1,665 |
1,665 |
4. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2025norforthe year
ended 30 June 2024.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended30June2025norfortheyear ended
30 June 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
20252024
No employees received emoluments in excess of £60,000.
continued...
Page 8
STRATHAVEN DYNAMOS AFC LTD.
Notes to the Financial Statements - continued
for the Year Ended 30 June 2025
6. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
|
Unrestricted |
|
|
fund |
|
|
£ |
|
INCOME AND ENDOWMENTS FROM |
|
|
Donations and legacies |
106,198 |
|
EXPENDITURE ON |
|
|
Raising funds |
120,777 |
|
NET INCOME/(EXPENDITURE) |
(14,579) |
|
RECONCILIATION OF FUNDS |
|
|
Total funds brought forward |
48,782 |
|
TOTAL FUNDS CARRIED FORWARD |
34,203 |
7. |
TANGIBLE FIXED ASSETS |
|
|
|
Fixtures |
|
|
and |
|
|
fittings |
|
|
£ |
|
COST |
|
|
At 1 July 2024 and 30 June 2025 |
8,325 |
|
DEPRECIATION |
|
|
At 1 July 2024 |
2,509 |
|
Charge for year |
1,665 |
|
At 30 June 2025 |
4,174 |
|
NET BOOK VALUE |
|
|
At 30 June 2025 |
4,151 |
|
At 30 June 2024 |
5,816 |
continued...
Page 9
STRATHAVEN DYNAMOS AFC LTD.
Notes to the Financial Statements - continued
for the Year Ended 30 June 2025
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accrued expenses
9.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS |
|
At 1.7.24
£
34,203
34,203
Incoming
resources
£
130,883
130,883
At 1.7.23
£
48,782
48,782 |
2025
£
433
Net
movement
in funds
£
9,072
9,072
Resources
expended
£
(121,811)
(121,811)
Net
movement
in funds
£
(14,579)
(14,579) |
2024
£
433
At
30.6.25
£
43,275
43,275
Movement
in funds
£
9,072 |
2024
£
433
At
30.6.25
£
43,275 |
2024
£
433 |
|
|
|
|
|
43,275 |
|
|
|
|
|
|
9,072 |
|
|
|
|
|
|
At
30.6.24
£
34,203 |
|
|
|
|
|
|
34,203 |
|
continued...
Page 10
STRATHAVEN DYNAMOS AFC LTD.
Notes to the Financial Statements - continued
for the Year Ended 30 June 2025
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
106,198
TOTAL FUNDS
106,198
A current year 12 months and prior year 12 months combined position is as follows:
At 1.7.23
£
Unrestricted funds
General fund
48,782
TOTAL FUNDS
48,782 |
Resources
expended
£
(120,777)
(120,777)
Net
movement
in funds
£
(5,507)
(5,507) |
Movement
in funds
£
(14,579)
(14,579)
At
30.6.25
£
43,275
43,275 |
|
|
|
|
|
|
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
237,081
237,081 |
Resources
expended
£
(242,588)
(242,588) |
Movement
in funds
£
(5,507)
(5,507) |
|
|
|
|
continued...
Page 11
STRATHAVEN DYNAMOS AFC LTD.
Notes to the Financial Statements - continued
for the Year Ended 30 June 2025
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
Page 12
STRATHAVEN DYNAMOS AFC LTD.
Detailed Statement of Financial Activities
for the Year Ended 30 June 2025
INCOME AND ENDOWMENTS
Donations and legacies
Subscriptions & fundraising
Grants - SFA & NLC
Total incoming resources
EXPENDITURE
Support costs
Finance
Bank charges
Fixtures and fittings
Other
Football Team Costs
Trophies & Festival Costs
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure) |
2025
£
123,935
6,948
130,883
130,883
12
1,665
1,677
104,913
14,755
119,668
466
121,811
9,072 |
2024
£
91,981
14,217
106,198
106,198
-
1,665
1,665
110,489
8,130
118,619
493
120,777
(14,579) |
|
|
|
This page does not form part of the statutory financial statements
Page 13