REGISTERED CHARITY NUMBER: SC041460
Report of the Trustees and
Financial Statements for the Year Ended 30 June 2024
for Cumbernauld Colts Football Club
McDougall Johnstone Limited Chartered Certified Accountants Statutory Auditor 280a St Vincent Street Glasgow G2 5RL
Cumbernauld Colts Football Club
Contents of the Financial Statements for the Year Ended 30 June 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Report of the Independent Auditors | 4 | to | 5 |
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
Cumbernauld Colts Football Club
for the Year Ended 30 June 2024
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Trustees and Structure
Cumbernauld Colts Football Club ("the Club") is an unincorporated association. It is governed by its constitution which was adopted in April 1999 and last amended on 18 June 2016. The Club was granted charitable status by OSCR on 6 May 2010.
Two members of the Club Board are trustees: Membership of the Board is open to all parents and guardians of children in the club as well as suitable external individuals.
Trustees are elected at the Annual General Meeting which is routinely held in June. The current trustees are set out earlier in this report.
The Trustees and Club Board are responsible for the strategic direction and governance of the club, whilst day to day is delegated to the club officials. All positions are voluntary; all club officials are invited to attend management meetings to discuss progress and development.
The club's principal business address is:
Broadwood Stadium 1 Ardgoil Drive Cumbernauld G68 9NE
Infrastructure
The senior club is licensed under the Scottish FA's National Club Licensing scheme and is a full member of the association, the licensing infrastructure provides the governance structure for all senior clubs in Scotland; this includes minimum standards for: Legal, Admin, Finance and Codes of Practice Criteria, Ground Criteria, First Team Criteria and Youth Team Criteria. The Club plays in the 5th tier of the professional game and holds the Bronze license, the only club at tier five to do so.
The community club has accreditation to the Scottish FA's Quality Mark Platinum Legacy Award level which was reaccredited in 2021. These standards form the bedrock of the club's structure and development plan for the grassroots game. The defined criteria as to playing and coaching programme, coach development, child protection, sports equity and ethics, club management and requirement for supplementary community engagement activity layout the direction of travel, and ensure the ongoing delivery of club activities to a high standard.
Quality Mark demonstrates that the club is committed to providing a high quality, safe and welcoming environment for both young and adult participants in the sport. Nationally the club continues to be regarded as one of the most progressive and well run community clubs.
The club's solid foundation of policies and operating procedures developed over many years continue to serve the club well; these have been continually enhanced providing the infrastructure for sustainability and development.
The trustees are particularly aware of their responsibilities for health and safety, especially for the children. In addition to public liability insurance, our staff and volunteers all have enhanced disclosures under the Protection of Vulnerable Groups (PVG) scheme. The club's Child Welfare and Protection Officer's responsibility is to ensure all volunteers have a disclosure number under the PVG Scheme; this is rigorously managed and monitored by the governing body. As a further safeguard all volunteers are required to complete the Scottish FA Child Welfare e-module and club induction prior to being give approval to undertake club activities.
More details on the club's policies and operating procedures can be found on the Club's Web Site (www.cumbernauld-colts.com).
Page 1
Cumbernauld Colts Football Club
for the Year Ended 30 June 2024
Report of the Trustees
ACHIEVEMENT AND PERFORMANCE
Objectives, Activities and Achievements
The expression 'charitable purpose' shall mean a charitable purpose under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 which is also regarded as a charitable purpose in relation to the application of the Taxes Acts.
Our activities endeavor to stimulate the children and encourage their development and wellbeing. We also promote good social values in a safe and caring environment.
The club's core objective is to provide football opportunities for all and this remains at the forefront with grassroots academy offering recreational teams at all levels. The Club has currently 633 playing members, with 93% being between the ages of 5-17. A further 6% are under 5.27% of this group (169) are female. We anticipate further growth in the female section.
The senior structure continues to provide players with the ability to progress into senior football.
The club's outreach arm "Colts in the Community" has continued to deliver a wide range of programs to deliver inclusive football related strands, Scottish FA funding has supported this activity. Our outreach programs continue to have strong participation; these include an After School Centre, Weekend Coaching Centre, Friday Footie and Mini-Kickers (3-5 Years) Coaching Centre, the club's Assisted Special Needs group has stabilized with a core group of attendees.
Through our educational outreach programs we are delivering weekly sessions to a local ASN school and have been awarded further funding for an SIMD schools project and separate funding for a school girls activity. Both new projects will commence in 2025.
These programs, as well as offering coaching and physical activity, also provide a route into the club's mainstream activities.
In 2024 the club set up a football boot recycling scheme, where boots can be deposited and then collected by a new owner. This allows children less fortunate to be able to continue to participate in the game relieved of some of the financial constraints.
The Club also continue to support an annual Christmas foodbank collection, reaching out init ans assisting the local community.
FINANCIAL REVIEW
Financial Review
Despite a number of cost pressures the club managed to control and restrict the deficit level, the robust financial governance in place supported by the commercial activity and external funding ensured the club retained a healthy level of reserve. Our largest expenditure continues to be facilities hire from North Lanarkshire Council at £121k, this was up by £15k from the previous year.
The Club's receipts for the year ending 30th June 2024 amounted to £342,075. and payments totalling £377,839. The deficit of £39,264 reflects the difference of payments against receipts during the current financial year. Total unrestricted funds at 30th June 2023 amounted to £200,557 (Unrestricted funds 2023 - £236,321)
Our main income source for the community arm continues to be fees charged to playing members, these fees have been frozen for a number of years with an aim of continuing to make membership affordable, it is noted going forward that it may be necessary to increase fees to offset cost pressures.
Significant income was received associated with the senior arm with funds from the Scottish FA for license compliance and cup returns, payments amounting to £31k, match gate income and merchandise sales of £27k, there was offsetting outgoings for player expenses. We received sponsorship payments of £59k made up of a number of donations for both the senior team and academy teams.
The club initiated a number of charitable fund-raising events, donating a total of £1.5k to the following good causes: Cumbernauld Colts Charity £1,000 and Cumbernauld & Kilsyth Baby Care £250.
The Trustees are generally pleased with the results for the year, balancing the financial pressures associated with facilities hire and the senior arm, this will continue to require rigorous financial control and considerable income generation.
FUTURE DEVELOPMENTS
We continue to look for opportunities to promote the objectives of the club, and to further increase participation. The club board and trustees acknowledge that to expend and develop the club a secondary hub is required, this will require substantial investment and partnership working with North Lanarkshire Council.
Page 2
Cumbemauld Colt5 Football Club for the Year Ended 30 June 2024 STRUCTiTRE COITLSANCE ANI) hAGEME Governi doeument The ¢hariry 14 eon¢rolled by its goi'emin8 do¢um¢ui. a de of tsusi atha )5111¢9 unin[p)ra¢¢d Charity. REFERENCE AND ADIILYlSTRATII DETAILS Registered Charit?. number SC041400 PrfD¢lpil address Broadwod Siadiutn l Ardgoii Driie G08 9NE Tlwslees Audltor M¢DouBall Johnsion¢ Limit Ciw1ered Certifi¢d A4¢ou#r8ts15 SIAftilOry AudLior 280a Si VLtLceILt Street Glas8OW G2 SPL STATEMETrrt OF TRUSTEES, RESPONSIBILITIES The inislees are respollsjble for preparnJ8 the Retx)rt of rhe Truslees a1 the fllLqncial slatenxnts aCcordce Applicable law Uiiit¢d kiii8doui A¢¢ounliiiB Staudards IUuit¢d kiu8(low O¢n¢rnlly A¢¢¢pt¢d Accountin8 Pr•¢li¢¢l. Th¢ la appli¢able io ¢hariti¢8 in Scotl8 the CJwili¢s •Jd Trnsitt Itti'¢stment IS¢oiJ8nd) A¢1 2005. CJwiii¢¥ Accounts IS¢oilAnd) RegllltJons 200615 Annded) the P15]05 of the ¢lL*rity5 tonstittitioL rtquirt5 the sIteS io prepart fu]#n¢iil slAieiiient5 for ¢•¢h fLnancia] year ivhich 8ive a true and fair of the stsr¢ of Affair4 of th¢ cknriry and of th¢ ipcomip8 resource4 gnd Application of r¢gour¢¢%. in¢ludin$ th¢ i0¢ and ¢xp¢ndinLff, of th¢ Chiry for thai EKriod. In Fwarin8 thos¢ fin141 sw1. the tru%ttts 8r¢ rtquirtd to select suitsble aceoulltiD¥ policie5 then •pply them c¢)DsisteiLtIy. obSee the iithods and principles in the Chariry SORP: nJak¢ judB¢iJ)¢ni% and ¢slinl¢S th818r¢ r¢a%on8bl¢ 8thd pnthi.. pr¢p¥t¢ the fitt8n¢i81 stat¢m¢nts ott th¢ Moiti8 ¢ots¢¢rn it IS inapp11¢ to th¢ ¢Jwity will ¢otttittu¢ i 1SLtLes5. The tnLSttts are responsible for keeping proper accrnmtin8 recoTd5 'bICh dÉ5c104e 7th reasonable accwacy at any time the fllwicial position of th¢ ¢iwi'ry and 10 ¢nabl¢ th¢m 10 ¢n%w¢ thai the fmattcial %tsiMn¢nts wiryly 1th th¢ Chariiies and Tmsi¢¢ Jnv¢%tsi)¢ni {ScotlpJLdl A<t 2005. the Chwities AwJun15 IScotlaDdl ReBuJatiou5 ?Tr)6 (as Atllded} and the p&]5105 of the chatity5 f0115titutLOIL. They also responb]e for 5afe8uardm8 the assets of the cknity slld heDLf for takiD8 reasoDRble steps for the prriention slld detectio of fraud aud other ]egUlarItiCs. ApptoNtd by orthr of th¢ bos of ttus1¢¢¥ on 31 Marth 20?5 and si8thed on bejkalf by. Pa8e 3
Report of the Independent Auditors to the Trustees of Cumbernauld Colts Football Club
Opinion
We have audited the financial statements of Cumbernauld Colts Football Club (the 'charity') for the year ended 30 June 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 30 June 2024 and of its incoming resources and application of resources, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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proper accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Page 4
Report of the Independent Auditors to the Trustees of Cumbernauld Colts Football Club
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
McDougall Johnstone Limited Chartered Certified Accountants Statutory Auditor 280a St Vincent Street Glasgow G2 5RL
31 March 2025
Page 5
Cumbernauld Colts Football Club
Statement of Financial Activities for the Year Ended 30 June 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 342,075 EXPENDITURE ON Raising funds 376,699 Other 4,640 Total 381,339 NET INCOME/(EXPENDITURE) (39,264) RECONCILIATION OF FUNDS Total funds brought forward 236,321 TOTAL FUNDS CARRIED FORWARD 197,057 |
2023 Total funds £ 302,929 310,294 960 311,254 (8,325) 244,646 236,321 |
|---|---|
The notes form part of these financial statements
Page 6
Cumbemauld Colt5 Football Club 30 jIe 2024 2024 Ullrestrieted fillld 2023 Total fimds Note5 FIXTD ASSETS Tangible asseis 11,039 15.516 CiTRRENT ASSETS rkbtors at ballk Btld ill ha 7.027 187.121 221.705 194.148 221.705 CREDITORS Auioullrs failinB du¢ Thithith on¢ y¢ 18.730) 1900) NET CURRENT ASSETS 18S.41B 220.805 TOTAL ASSETS LESS CIRRE1 LIABILIs 197.057 236.321 TrT ASSETS 197.057 236.311 Unrtslnded fijttds 197.057 236.321 TOTAL FiTNDS 197.057 236.321 The fLrt8neial ¥tstements were pproved by the Bord of Trnstsek *ttd foT i%sue 31 MArdL 2025 wert siwd ot) its The noies forn] part of thes¢ financial stsienmlts Pa8e 7
Cumbernauld Colts Football Club
Notes to the Financial Statements for the Year Ended 30 June 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 302,929 |
| EXPENDITURE ON | |
| Raising funds | 310,294 |
| Other | 960 |
| Total | 311,254 |
Page 8
Cumbernauld Colts Football Club
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| NET INCOME/(EXPENDITURE) | (8,325) | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 244,646 | |||
| TOTAL FUNDS CARRIED FORWARD | 236,321 | |||
| 4. | TANGIBLE FIXED ASSETS | |||
| Fixtures | ||||
| and | Motor | |||
| fittings | vehicles | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 July 2023 and 30 June 2024 | 6,283 | 24,053 | 30,336 | |
| DEPRECIATION | ||||
| At 1 July 2023 | 4,296 | 10,524 | 14,820 | |
| Charge for year | 496 | 3,381 | 3,877 | |
| At 30 June 2024 | 4,792 | 13,905 | 18,697 | |
| NET BOOK VALUE | ||||
| At 30 June 2024 | 1,491 | 10,148 | 11,639 | |
| At 30 June 2023 | 1,987 | 13,529 | 15,516 | |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Trade debtors | 5,227 | - | ||
| Prepayments | 1,800 | - | ||
| 7,027 | - |
Page 9
Cumbernauld Colts Football Club
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Other creditors | 8,730 | 900 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.7.23 | in funds | 30.6.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 236,321 | (39,264) | 197,057 | |
| TOTAL FUNDS | 236,321 | (39,264) | 197,057 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 342,075 | (381,339) | (39,264) | |
| TOTAL FUNDS | 342,075 | (381,339) | (39,264) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.7.22 | in funds | 30.6.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 244,646 | (8,325) | 236,321 | |
| TOTAL FUNDS | 244,646 | (8,325) | 236,321 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 302,929 | (311,254) | (8,325) | |
| TOTAL FUNDS | 302,929 | (311,254) | (8,325) |
Page 10
Cumbernauld Colts Football Club
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.7.22 | in funds | 30.6.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 244,646 | (47,589) | 197,057 |
| TOTAL FUNDS | 244,646 | (47,589) | 197,057 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 645,004 | (692,593) | (47,589) |
| TOTAL FUNDS | 645,004 | (692,593) | (47,589) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024.
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Cumbernauld Colts Football Club
Detailed Statement of Financial Activities for the Year Ended 30 June 2024
| Detailed Statement of Financial Activities for the Year Ended 30 June 2024 |
||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| SFA & other grants | 34,896 | 32,712 |
| Club fees receivable | 229,642 | 180,067 |
| Sponsors & donations | 38,490 | 53,849 |
| Dinners, functions & festivals | 6,017 | 14,139 |
| Gate receipts & merchandising | 26,751 | 22,162 |
| Other income | 5,279 | - |
| Player transfers | 1,000 | - |
| 342,075 | 302,929 | |
| Total incoming resources | 342,075 | 302,929 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Players' & officials' expenses | 71,715 | 79,110 |
| Coaching venues | 124,998 | 108,629 |
| Referees | 20,641 | 17,195 |
| SFA coaching | 5,253 | 1,578 |
| League fees | 3,850 | 5,730 |
| Development | 9,305 | 16,880 |
| SYFA/SWF fees | 3,532 | 3,553 |
| Sundries | 2,834 | 2,174 |
| Supplies | 5,085 | 1,747 |
| Laundry | 84 | 244 |
| Equipment | 68,191 | 33,894 |
| Fines | 480 | 240 |
| Motor and travel | 6,828 | 6,342 |
| Other fees | 8,080 | 5,106 |
| Tournament fees | 2,848 | 1,580 |
| Match & hospitality supplies | 4,713 | 8,010 |
| Donations | 1,500 | 4,250 |
| Merchandise & programs | 2,988 | 1,777 |
| First aid | 3,290 | 7,082 |
| Staff wages | 26,101 | - |
| Staff pensions | 505 | - |
| 372,821 | 305,121 | |
| Other trading activities | ||
| Fixtures and fittings | 497 | 663 |
| Motor vehicles | 3,381 | 4,510 |
| 3,878 | 5,173 | |
| Support costs | ||
| Governance costs | ||
| Auditors' remuneration | 3,500 | - |
| Carried forward | 3,500 | - |
This page does not form part of the statutory financial statements
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Cumbernauld Colts Football Club
Detailed Statement of Financial Activities for the Year Ended 30 June 2024
| Detailed Statement of Financial Activities for the Year Ended 30 June 2024 |
||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Governance costs | ||
| Brought forward | 3,500 | - |
| Accountancy and legal fees | 1,140 | 960 |
| 4,640 | 960 | |
| Total resources expended | 381,339 | 311,254 |
| Net expenditure | (39,264) | (8,325) |
This page does not form part of the statutory financial statements
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