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← Giffnock Soccer Centre

2025-06-30-accounts

REGISTERED CHARITY NUMBER: SC041587

Report of the Trustees and

Financial Statements

for the Year Ended 30 June 2025

for

Giffnock Soccer Centre

O'Haras Accountants Limited (Statutory Auditor) Radleigh House 1 Golf Road Clarkston Glasgow G76 7HU

Giffnock Soccer Centre

Contents of the Financial Statements for the Year Ended 30 June 2025

Page
Report of the Trustees 1 to 5
Report of the Independent Auditors 6 to 8
Statement of Financial Activities 9
Statement of Financial Position 10
Statement of Cash Flows 11
Notes to the Statement of Cash Flows 12
Notes to the Financial Statements 13 to 19
Detailed Statement of Financial Activities 20 to 21

Giffnock Soccer Centre

Report of the Trustees

for the Year Ended 30 June 2025

The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. 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).

The financial statements comply with the Charities and Trustees Investments (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 Standards applicable in the UK and Republic of Ireland (FRS102).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The principal objective of the charity is the provision of football coaching and leagues for various age groups of children and adults.

Giffnock Soccer Centre

Report of the Trustees

for the Year Ended 30 June 2025

ACHIEVEMENT AND PERFORMANCE

Charitable activities

2025 represents a remarkable milestone for Giffnock Soccer Centre (GSC) as we celebrate the 30th anniversary of the founding of the club. Therefore, it was fitting that we were able to mark it with the completion of the two new 4G pitches at the Auldhouse facility, a development project that has required a monumental effort from all those involved. Although it took longer than expected and was held up numerous times by poor weather, the Trustees are delighted to be able to provide a first-class facility for all the teams, players and coaches connected with GSC. It is a terrific achievement and one that is frequently recognised by visiting teams, impressed with the quality of the facility we have and the hospitality we offer.

To celebrate the availability of the new pitches, we were able to hold the GSC Festival for small-sided and 11-sided teams over two weekends in May & June. Both events were a great success as well as a learning experience for how to operate the facility.

There was an excellent record of achievement on the pitch too, with a number of our age group teams reaching semi-finals and finals and indeed with some success in winning cups and league titles.

Our footballing pathways continue to thrive from our GSC Academy section, GSC Additional Support Needs Section (ASN) all the way through to our GSC Amateur teams, GSC Over 35/40s, Walking Football Male over 50s, over 60s, over 65s, over 70s, GSC Senior Male team, GSC Walking Football Female over 40's, over 50's and our GSC Senior Female team. This is a testament to all our volunteers and our members who tirelessly participate across the spectrum of our entire club.

GSC continues to remain fully committed to improving our coaching throughout our entire pathways and will continue to remain fully committed to Coach Education, appropriate compliance courses and in-house First Aid courses which remain popular for development progress and are attended by existing and new coaches.

We continued our work within the community such as local primary schools where our links have allowed us to deliver a variety of community programmes including after-school classes. We are constantly striving to improve the club in as many areas as possible with "Football for All", remaining at the heart of the club's values.

The GSC Committee remains fully committed to continue the work on all the strategic elements of the club for a sustainable future.

For the 12 months to 30 June 2025, total income was £577,258, an increase of £27,586. There was a £20,482 (5%) increase in subscriptions driven mostly by the increase in fees effective from August 2024, with a slight reduction in player numbers over the year, mainly in the Academy. After the year end, a new Head of Academy was appointed, along with a number of new coaches and we are hopeful this will in time lead to a pick up in player numbers. The Trustees are encouraged by the early signs.

The higher subscription revenues fed through to slightly higher associated gift aid revenue, while Festival Income was also much higher reflecting the success of the May and June festivals.

Overall, costs were lower compared to last year. Mainly due to lower costs associated with Auldhouse, where responsibility for the running of that facility was taken on by GSC Auldhouse part way through the financial year. There is also a notable reduction in the cost of strips reflecting that most of the expense was incurred in July 2023 when new strips were purchased and intended to last for 2 seasons. Festival expenses were also higher but that is reflected in higher revenues generated as the events were bigger than previous years.

A review of the balance sheet identified £60,062 of fixed assets relating to Auldhouse and these were transferred over at net book value.

Further funding of £302,062 was provided by GSC to GSC Auldhouse in the form of additional interest free loans of £134,062, which are not repayable for at least 10 years and after loans have been repaid to the appropriate funders; and a lease deposit on the lease of pitches at Auldhouse of £168,000.

Giffnock Soccer Centre

Report of the Trustees

for the Year Ended 30 June 2025

FINANCIAL REVIEW

Reserves policy

Although the charity has built up unrestricted funds of £760,680 at 30 June 2025 (2024 - £600,850), note 10 of the notes to the financial statements shows that £34,572 (2024 - £100,022) of this represents the charity's fixed assets, which have been allocated to a separate designated fund.

Our unrestricted general funds at 30 June 2025 amounted to £726,108 (2024 - £500,828). Our policy is to maintain free unrestricted funds at a level sufficient to support our current activities in the event of a significant drop in income while replacement income is sought, and the Trustees are satisfied with our current reserves position.

Going concern

Giffnock Soccer Centre will continue to work with the community and provide coaching to members. Cashflow projections for the next 12 months and beyond have been prepared which lead the trustees to conclude that they have no concerns regarding the future of the charity.

FUTURE PLANS

The club will continue to deliver first class coaching to all it's members.

In preparation for the start of the new season, the club is purchasing new home and away strips for the 2025/26 and 2026/27 seasons, the first with our new main shirt sponsors - Elite Contract Furniture Ltd and Henry Kennedy Law - two local businesses we are delighted to be able to partner with and promote.

Shortly after the start of the new financial year, funding became available to re-lay the 4G pitch at Eastwood Park and this was completed in September.

Further staff appointments have been made post year end - a new club Accountant, Child Wellbeing and Protection Officer, Head of Academy and new Academy coaches and new Head of the Additional Supported Needs (ASN) Team.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The club was registered as an unincorporated charitable organisation in June 2010.

The SCIO (Scottish Charitable Incorporated Organisation) legal entity was introduced in April 2011 to allow Scottish charities to incorporate without having to become a company and register with Companies House.

Unlike the unincorporated charitable body, the SCIO provides the benefit of limited liability to the charity trustees. Accordingly, the club took the decision to transfer to the SCIO legal status and this transfer was completed on 28 February 2014.

Recruitment and appointment of new trustees

All of the charity's trustees are appointed or reappointed by the members at our annual general meeting.

Organisational structure

The board of trustees has overall responsibility for the strategic direction and administration of the charity. Trustees meet monthly to discuss various topics including the finances of the charity.

Induction and training of new trustees

New trustees are briefed on their legal obligations under charity law, the Scottish Charity Regulator's

guidance on trustee duties, and informed of the content of the constitution, the committee and decision-making processes, the business plan and the recent financial performance of the charity. During the briefing they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Related parties

Giffnock Soccer Centre has a sister charity called GSC Auldhouse Limited, which was formed in 2023.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC041587

Giffnock Soccer Centre

Report of the Trustees

for the Year Ended 30 June 2025

Principal address

180 Thornliebank Road Thornliebank Glasgow G46 7RQ

Trustees

C Inglis J Docherty N Mackay M Thornton (resigned 8.12.24) G Boyle R Laidlaw F Reid T Noble (resigned 30.11.25) G Winston (appointed 30.11.25)

Auditors

O'Haras Accountants Limited (Statutory Auditor) Radleigh House 1 Golf Road Clarkston Glasgow G76 7HU

Bankers

Bank of Scotland PO Box 17235 Edinburgh EH11 1YH

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The law applicable to charities in Scotland, the Charities and Trustee Investment (Scotland) Act 2005, Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity's constitution, requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity's constitution. 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.

Giffnock Soccer Centre

Report of the Trustees

for the Year Ended 30 June 2025

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 31 March 2026

~~...................................~~ ..................................... J Docherty - Trustee

Report of the Independent Auditors to the Trustees of Giffnock Soccer Centre

Opinion

We have audited the financial statements of Giffnock Soccer Centre (the 'charity') for the year ended 30 June 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows 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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:

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 (as amended) and the Charities and Trustees Investment (Scotland) Act 2005 requires us to report to you if, in our opinion:

Report of the Independent Auditors to the Trustees of Giffnock Soccer Centre

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.

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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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.

Report of the Independent Auditors to the Trustees of Giffnock Soccer Centre

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.

O'Haras Accountants Limited (Statutory Auditor) Radleigh House 1 Golf Road Clarkston Glasgow G76 7HU

31 March 2026 Date: .............................................

Giffnock Soccer Centre

Statement of Financial Activities for the Year Ended 30 June 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
8,131
Charitable activities
4
Football Coaching
566,996
Investment income
3
2,131
Total
577,258
EXPENDITURE ON
Charitable activities
5
Football Coaching
404,070
Other
13,358
Total
417,428
NET INCOME
159,830
RECONCILIATION OF FUNDS
Total funds brought forward
600,850
TOTAL FUNDS CARRIED FORWARD
760,680		 Restricted
fund
£
-
-
-
-
-
-
-
-
-
-		 2025
Total
funds
£
8,131
566,996
2,131
577,258
404,070
13,358
417,428
159,830
600,850
760,680		 2024
Total
funds
£
-
547,089
2,583
549,672
491,262
11,617
502,879
46,793
554,057
600,850

Giffnock Soccer Centre

Statement of Financial Position

30 June 2025

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
11
34,572
CURRENT ASSETS
Debtors
12
520,178
Cash at bank and in hand
270,722
790,900
CREDITORS
Amounts falling due within one year
13
(64,792)
NET CURRENT ASSETS
726,108
TOTAL ASSETS LESS CURRENT
LIABILITIES
760,680
NET ASSETS
760,680
FUNDS
14
Unrestricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
-
-
-
-		 2025
Total
funds
£
34,572
520,178
270,722
790,900
(64,792)
726,108
760,680
760,680
760,680
760,680		 2024
Total
funds
£
100,022
190,709
340,941
531,650
(30,822)
500,828
600,850
600,850
600,850
600,850

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 31 March 2026

~~......................................~~ ....... J Docherty - Trustee

Giffnock Soccer Centre

Statement of Cash Flows for the Year Ended 30 June 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2025
£
(132,412)
(132,412)
-
60,062
2,131
62,193
(70,219)
340,941
270,722		 2024
£
(120,340)
(120,340)
(17,223)
1,204
2,583
(13,436)
(133,776)
474,717
340,941

The notes form part of these financial statements

Giffnock Soccer Centre

Notes to the Statement of Cash Flows

for the Year Ended 30 June 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2025 2024
£ £
Net income for the reporting period (as per the Statement of Financial
Activities) 159,830 46,793
Adjustments for:
Depreciation charges 5,388 7,825
Interest received (2,131) (2,583)
Increase in debtors (329,469) (138,157)
Increase/(decrease) in creditors 33,970 (34,218)
Net cash used in operations (132,412) (120,340)

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash At 1.7.24
£		 Cash flow
£		 At 30.6.25
£
Cash at bank and in hand 340,941 (70,219) 270,722
340,941 (70,219) 270,722
Total 340,941 (70,219) 270,722

The notes form part of these financial statements

Giffnock Soccer Centre

Notes to the Financial Statements for the Year Ended 30 June 2025

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.

The charity meets the definition of a public benefit entity under FRS102.

Going concern

The financial statements have been prepared on a going concern basis. The trustees have assessed the charity’s ability to continue as a going concern by reviewing financial information up to 12 months after the date of signing the financial statements, and have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing these financial statements and are satisfied that no material uncertainty exists as to the charity’s going concern status.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that effect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for income and expenditure during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There are no key sources of estimation uncertainty.

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.

Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

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 the cost less estimated residual value of each asset over its estimated useful life.

Tenant's improvements - at variable rates on reducing balance Equipment - 25% on reducing balance

Giffnock Soccer Centre

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

1. ACCOUNTING POLICIES - continued

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.Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity.

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.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash at bank and in hand

Cash at bank and cash in hand includes cash for the running of the various football matches.

Creditors

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 due.

2. DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES
2025 2024
£ £
Donations 8,131 -
3. INVESTMENT INCOME
Interest receivable - trading 2025
£
2,131		 2024
£
2,583

Giffnock Soccer Centre

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

4. INCOME FROM CHARITABLE ACTIVITIES

Activity
Subscriptions
Football Coaching
Football camps
Football Coaching
Festival income
Football Coaching
Grants
Football Coaching
Sundry income
Football Coaching
Gift aid
Football Coaching
Sponsorships received
Football Coaching
Auldhouse fundraising
Football Coaching
Auldhouse cafe
Football Coaching
Grants received, included in the above, are as follows:
Scottish FA
Sported Foundation		 2025
£
404,722
38,263
38,620
-
33,655
36,439
-
-
15,297
566,996
2025
£
-
-
-		 2024
£
384,240
43,872
12,319
3,400
12,660
27,213
36,000
16,018
11,367
547,089
2024
£
2,900
500
3,400

5. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Football Coaching Direct
Costs
£
397,002		 Support
costs (see
note 6)
£
7,068		 Totals
£
404,070
Unrestricted:
Football coaching
Administration support
Fundraising costs
Auldhouse facilities		 30/6/25
£
248,717
29,597
-
118,688
397,002		 30/6/24
£
290,902
24,164
-
161,264
476,300

Giffnock Soccer Centre

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

6. SUPPORT COSTS

6. SUPPORT COSTS
Governance
costs
£
Football Coaching 7,068
7. AUDITORS' REMUNERATION
2025
£
Fees payable to the charity's auditors for the audit of the charity's financial
statements
5,000
Auditors' remuneration for non audit work
2,068		 2024
£
5,000
9,962

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

9. STAFF COSTS

Wages and salaries 30/6/25
£
98,626
98,626		 30/6/24
£
94,228
94,228

The average monthly number of employees during the year was as follows:

Part time coaches and admin staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Football Coaching
547,089
Investment income
2,583
Total
549,672		 2025
32
Restricted
fund
£
-
-
-		 2024
34
Total
funds
£
547,089
2,583
549,672

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

EXPENDITURE ON Charitable activities Football Coaching

491,262

491,262

Giffnock Soccer Centre

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
fund
£
£
Other
11,617
-
Total
502,879
-
NET INCOME
46,793
-
RECONCILIATION OF FUNDS
Total funds brought forward
554,057
-
TOTAL FUNDS CARRIED FORWARD
600,850
-
11.
TANGIBLE FIXED ASSETS
Tenant's
improvements
Equipment
£
£
COST
At 1 July 2024
171,259
34,479
Disposals
(44,491)
(17,698)
At 30 June 2025
126,768
16,781
DEPRECIATION
At 1 July 2024
89,211
16,505
Charge for year
5,016
372
Eliminated on disposal
(914)
(1,213)
At 30 June 2025
93,313
15,664
NET BOOK VALUE
At 30 June 2025
33,455
1,117
At 30 June 2024
82,048
17,974
12.
DEBTORS
2025
£
Amounts falling due within one year:
Debtors and prepayments
85,511
Amounts falling due after more than one year:
GSC Auldhouse Ltd - long term
loan
434,667
Aggregate amounts
520,178		 Total
funds
£
11,617
502,879
46,793
554,057
600,850
Totals
£
205,738
(62,189)
143,549
105,716
5,388
(2,127)
108,977
34,572
100,022
2024
£
58,104
132,605
190,709

Giffnock Soccer Centre

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Taxation and social security
Other creditors		 2025
£
12,158
52,634
64,792		 2024
£
(229)
31,051
30,822

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated funds
TOTAL FUNDS		 At 1.7.24
£
500,828
100,022
600,850
600,850		 Net
movement
in funds
£
165,218
(5,388)
159,830
159,830		 Transfers
between
funds
£
60,062
(60,062)
-
-		 At
30.6.25
£
726,108
34,572
760,680
760,680

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated funds
TOTAL FUNDS		 Incoming
resources
£
577,258
-
577,258
577,258		 Resources
Movement
expended
in funds
£
£
(412,040)
165,218
(5,388)
(5,388)
(417,428)
159,830
(417,428)
159,830

Comparatives for movement in funds

Unrestricted funds
General fund
Designated funds
TOTAL FUNDS		 At 1.7.23
£
462,229
91,828
554,057
554,057		 Net
movement
in funds
£
54,618
(7,825)
46,793
46,793		 Transfers
between
funds
£
(16,019)
16,019
-
-		 At
30.6.24
£
500,828
100,022
600,850
600,850

Giffnock Soccer Centre

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated funds
TOTAL FUNDS		 Incoming
resources
£
549,672
-
549,672
549,672		 Resources
Movement
expended
in funds
£
£
(495,054)
54,618
(7,825)
(7,825)
(502,879)
46,793
(502,879)
46,793

Name of fund Description, nature and purpose of fund

Unrestricted funds General funds All other reserves held by the charity Designated funds Funds for the fixed assets

15. RELATED PARTY DISCLOSURES

At the year end, there is a balance due from GSC Auldhouse Ltd of £434,667 (2024: £132,605). Repayments for this will not be received for 10 years.

Giffnock Soccer Centre

Detailed Statement of Financial Activities for the Year Ended 30 June 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Interest receivable - trading
Charitable activities
Subscriptions
Football camps
Festival income
Grants
Sundry income
Gift aid
Sponsorships received
Auldhouse fundraising
Auldhouse cafe
Total incoming resources
EXPENDITURE
Charitable activities
Coaches fees and expenses
Insurance
Sundries
Lets
League fees
Coaches gear
Coaches development (courses)
Football strips
Football equipment
Direct debit fees
Summer school expenses
Norwood expenses
Girls & disability officer
Eastwood Park expenses
Festival expenses
Operations and admin support
First aid courses
Marketing office
Sundry events
Auldhouse facility
Health & safety equipment
Walking football
Support a PHD student
Carried forward		 2025
£
8,131
2,131
404,722
38,263
38,620
-
33,655
36,439
-
-
15,297
566,996
577,258
58,672
7,694
896
52,471
8,887
2,727
3,450
14,293
2,258
2,975
1,657
379
4,760
39,409
27,567
29,597
1,449
11,820
650
118,688
562
-
200
391,061		 2024
£
-
2,583
384,240
43,872
12,319
3,400
12,660
27,213
36,000
16,018
11,367
547,089
549,672
54,426
7,374
642
65,303
14,850
1,073
3,375
65,852
3,301
2,808
1,605
54
8,656
24,395
11,009
24,164
3,292
9,540
2,908
161,324
1,375
149
1,000
468,475

This page does not form part of the statutory financial statements

Giffnock Soccer Centre

Detailed Statement of Financial Activities for the Year Ended 30 June 2025

Charitable activities
Brought forward
Banner Advertising Costs
Depreciation
Other
Club administration costs
Irrecoverable VAT
Support costs
Governance costs
Auditors' remuneration
Auditors' remuneration for non audit work
Total resources expended
Net income		 2025
£
391,061
553
5,388
397,002
13,358
-
13,358
5,000
2,068
7,068
417,428
159,830		 2024
£
468,475
-
7,825
476,300
11,540
77
11,617
5,000
9,962
14,962
502,879
46,793

This page does not form part of the statutory financial statements