REGISTERED CHARITY NUMBER: SC043613 Re ort of the Trus ees" Unaudited Financial Statements for the Year Ended 31 Jul 2024 for Blant re Soccer Academ Accountants Plus Chartered Certified Accounl.ants Unit 1 Cadzow Park 82 Muir Street Hamilton ML3 6BJ
Blant re Soccer Academ Contents of th'e Financial Statements for he ear Ended 31 Jul 2024 Page Report of the Trustee$ Independent Examiner's Report Statemenl of Financial Activlties Balance Sheet Notes to the Fln8nci81 Statements 7 to 12
Blanl re r Academ ort of the Trust8es for the Year Ended 31 Jul 2024 The Trustees present their réport, together with the financial statements of the charity, for the year ended 31 July 2024, This report Is prepared in acGordance wÈth the Statement of Recommended PractiC8'. Accounting and Reporting by Charities preparing their accounts in accordance with FRS 102 and oomplies with applicable law. OBJECTIVES AND ACTIVITIES Objectives and aiTns The purpose of the charity is to support our local communty as much as possible through sport. The objectives of the Charrty are to advanrE publiG. participation in amateur sport of football by promotinu it through the provision of recreats'onal facilitiès and adtvities. To provide a safe environment to encourago and promote the development of football, health, self-esteem, and social cohesion within the community. To provide facilities and equSpment and it will be available to anyone irrespectlve of race, colour, religion, sex, sexuality.or disabilities. During th8 year the charlty received grant funding frorn Awards For All, VASLAN which used to fund Sothe of our latest initiatives like helping young people into work and providing Christmas and New Year dinners to the needy. W6 as an academy diversrfied our activities to zoom tralnlng "sessions and embarked upon a new initialive of a community garden. TheAcademy recruited an additional 40 new players and 16 coache$. We embraced the chance to become the first to complete a Community Asset Transfer of a disus8d h811 from the council whlch Is now a community hub open to all. Page 1
Blant re SOcr Academ ort of th8 Trust885 for the Year Ended 31 Jul 2024 ACHIEVEMENT AND PERFORMANCE Charitabl8 activiti95 The main achievements of the academy during this fin8ncial.yearwere'. Blantyre Bikes Better project. An oulrgach programme wlthin local primary schools for four months To fully refurbish our community ass81 transfer to make il habitable for our staff and members to work and hold ftleetlngs. Maintaining South Lanarkshire Club SL Quality Mark Maintaining SFA Legaw award Para team winning the National Treblo Winning the nalion,al award for the besl para football project 7 new teams on board Running holiday camps through Easter and Summér which takes the children off the streets during holiday periods for ages of 5-18 years Helped local charities and Indlvidu2ls Working in partnership with homeless group The Invisibles end local foodbanks Held P.ensioner's parties and Inflatable parties for children from Ihe local community FINANCIAL REVIEW Financial posilion The Academy's policy is to hold enough funds to allow us to be reactive rf any of the teams require investment or support. It is not an aim to maximise our cash and bank holdings. Al the year end the Academy had unrestrlcted funds, not invested in fixed assets, of £45,904. With us now having 25 teams including an amateur team, and age groups from 2002 10 2013, the Academy, although aware of its charitable nature, needs to have enough working capital to support ALL of these teams at any lime. The Academy board and trustees are'content this amount is appropriate. STRUCTURE, GOVERNANCE AND MANAGEMENT Govorning doGumgnt rhe Charity was set UP 8nd was originally recognlsed as an unincorporated Scottish charity with effect from 29th November 2012. On 251h July 2014 the Charity converted to 8 SCIO and is now administered in accordancg'with the terms of its constitution dated 25th July 2014. Recrultment and appointment of new trustees The.original trustees were those individuals who signed the charity. trust88 declaration forms which ac.companied. the application for incorporalion.of the organlsation. At each AGM the members may elect oriy eligible m@mber to be a trustee. The Trustees May also at any tyme appoint any eligible member to be a trustee. At each AGM all of the trustees must retire from office but may Ihen be re-elected. Page 2
Bla Soccer Academ Re ort ol the Trustees for the Year Ended 31 Jul 2024 STRUCTURE, GOVERNANGE AND MANAGEMENT Organisational structure The Truslees, who hold regular m@8tings, gènÈr211y control tha activities of the charity. Risk assessment Tha Trusleos hav8 cohsidared the major risks to whish tha charity 1$ gxpos8d and has roview8d those risks and established systems and procedures to monage th088 ri8ks. A fomal roviow of the chaiity's risk rnanagement processe5 is undertaken on an annual basi8. REFERENCE AND ADMINISTRATIVE DEfAILS Registsred Charity number SG043613 Plincipal address Communty Hub Birch Place Blantyre G72 9PL IndependeTrt Exarniner AcLounlanl$ Plus Chartered 'Certified A¢.countants Unit 1 Cadzow Park 82 Muir Street Harnllton ML3 6BJ Approved by order of the board oftrust985 on 28 April 2025 and signed on its behalf by- Page 3
Inde endenl Examiner's Re re 9r A(3dem ori. to the Truste8s OF Independent examlnefs report to Ihe trustses of Blantyre Soc¢et A¢ad8my I report to Ihe charity Irugtees on my examination of the accounts of Blantyre So¢*r A¢odemy (the Trust) forthe year ended 31 Juty 2024. Responsibilities and basis of report As the charity trustees of the Trust you are respDnsible for the pr8paratlDn of the ateounts in accordance wSth tha rgquirements of the Charili&B Act 2011 {'th8 Act). I report in respecl of my examination of the Trust's accounts carri8d out under Ssction "145 of thè Act and in csrryin9 out rny axamination I havo followed all applicable Directions given by the Charity Commission under Seclion 145(5j{b) of the Act. Independent 8xathiner'3 Statemenl sin your charity's gross incorne exceeded £2"50,000 your examlner must be a rnember of a li51ed body. I can confiFrrE Ihat l am q ualified ID undertake the examlnallon because l am a member ol tha Associatlon of International Accountants, whlch Is one ol the Ilsted bodl8s. I have ¢omp.leled my exarnination. I confirm that no rnaterial matters have come to my attention in conneclion.with the examination giving ma cause to beli6ve that in any material respect.. accounting records were not kept in respect of.the Trust as required by Section 130 of the Acl., or Ihe accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and Content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 4rue and fair iriew which. is not a matter considered as part of an independent examination. I have na concern5 and h.ave come across no other matters in connÈclion vvith the examination to ich attèntion should bè drawn in this r8POrt in ordar to onablo a propor understanding of the accounts to bè r8ach¢d. Accountants Plus Charler8d Certiflèd AcGountgn15 Unil 1 Gadzow Park 82 Muir Street Hamilton ML3 6BJ 29 April 2025 Page4
Bla re SoCr Academ Statement of Financial Activities for the Year Ende 31Ju 2024 31.7.24 Total funds 31.7.23 Total funds Unreslricled Reslricled fund funds Notes INCOME AND ENDOWMENTS FROM. Donations and legacies 142,87.2 142,872 182,022 Charitable actlvltles Charitable activities 277,972 277,972 other trading activities 18.604 18,604 30,968 Total 161,476 277,972 439,448 288,809 EXPENDITURE ON Charltable activitles Charitable actlvities 221,800 211,424 433,224 373,472 NET INCODIIEIIEXPENDITURE) Transfgrs between funds (60,3241 830 66,548 (8301 6,224 (84,663) Net movomont In funds 159.4941 65,718 6,224 {84,663> RECQNCILIATIQN OF FUNDS Total funds brought forward 116,044 31,391 147,435 232,098 TOTAL FUNDS CARRIED FORWARD 56,550 97,109 153,659 147,43S The notes foTm part of these financial $latements Page 5
Blant re Cer Academ Balance Sheet 31 Ju 31.7.24 Tolal funds Unrestricted Restricted fund funds Total lunds Notes FIXED ASSETS .Tangible assets 2,492 1.3,138 19,709 CURRENT ASSETS Debtor8 Cash at bank 49,921 79,305 28,431 è4,817 123,048 94,617 142,200 129,226 CREDITORS Amounts falling due wthin one year (1,679) (1,679) 11,500}. NET CURRENT ASSETS 94,617 140,521 1.27,726 TOTAL ASSETS LESS CURRENT LIABILITIES g7,109 147,435 NET ASSETS 97,109 153,85g 147,435 FUNDS Unrestricted" funds Reslrlcted funds 56,550 97,109 116,044 31,391 TOTAL FUND3 153,659 147,435 The financial statements were approved by the Board of Trustees and authori8etl for issue on 28 April 2025 and were signed on its behalf by.. The not8s form part of these financial statements Page 6
Bla re Soccer Academ Notes to the Financial Statements for the Year Ended 31 Jul 2024 ACCOUNTING POLICIES Basls of praparlng the flnanclal statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordanGe with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charilie8 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepubliG of Iraland {FRS 102) (effective 1 January 2019),, Financial RepDrting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical Gost convenlion. Income All income is recognised in the Statement of Fingncial Activities once the charity has entitlement to the funds, it is -probable that the. income will be received and the amount can be rneasured r81iably. Expondituro Liabilities are recognlsed as expenditure as soon as there is a legal or con$tructive obllgation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the atnount of the obligation can bg m9asured reliably.. Expenditure is accounted for on an accruals basis and has been cla8slfied under he8dings that aggregate all cost related to the category. Where costs Cannot be d irpctly attributed to particular headings th8y have been allocated to activities on a basis consistent with th8 use of resources. Tangible fixgd assets Depreciation is provided at the following annual rates in or.der to write off each asset over its e$timated useful life. Motor vehicles - 25°h reducing balance Plant & machinery - 25¥0 reduci'ng balance Taxatlon Tho eh8rity is exempt frory) tax on its charitable activities. Fund accounting Unrestricted funds can be u8ed in accordance wlth the charitable objectlves at the discretlon of the trustees. Restricted funds can only be usod for parllcular restricted purposes wthin the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular reslrtcted purp.oses. Furthgr.explanation of the nature and purpose of each tund is included in the notes to the financial statements. Page 7 contlnued...
Bla re Soccer Academ Notes to the Financial Statements - continued for the Year Ended 31 Jul 2024 OTHER TRADING ACTIVITIES 31.7.23 Fundraising events .30,968 TRUSTEES, REMUNERATION AND BÉNEFITS There were no trustees, remuneration Dr other benefits for Ihe year ended 31 July 2024 nor for the year ended 31 July 2023. Trustegs. eXP.onsos There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWMENTS FROM Donations and legaci85 182,022 182,022 Charitable activities Charitable activities 61.218 Other trading actlvities 30,968 30,968 Total 227,591 288,809 EXPENDITURE ON Charitable actlvltles Charitable activities 274,694 373,472 NET INCOMEIIEXPENDITUREI (47,103) (37,560) (84,6631 RECONCILIATION OF FUNDS Total funds brou9k!t forward 163,447 68,951 232,098 TOTAL FUNDS CARRIED FORWARD 116.044 31,39.1 147,435 Page 8 continued...
Blan re Soccer Academ lo the Financial Statements- co for the Year Ended 31 Jul 2024 TANGIBLE FIXED ASSETS Plant and machinery Motor vehicles Totals COST Al 1 August 2023 and 31 July 2024 18,018 59,658 DEPRECIATION Al 1 August 2023 Charge for y8ar 14,071 1,316 25,878 39,949 6,571 At 31 July 2024 15,387 46,52Q NET BOOK VALUE At 31 July 2024 2,631 10,507 13,138 At 31 July 2023 3,947 15,762 DEBTORS 31.7.24 Amounts falling due within on8 yaar: Other debtors Amounts falling due aftar more than One year-. Other debtors 2,000 2,000 Aggreg8tÈ amounts 19,152 49,921 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Qther creditors 1,500 Page 9 continued...
Blant re Soccer Acadern ntinued for the Year Ended 31 Jul 2024 MOVEMENT IN FUNDS Net Transfers movement between in funds funds At At 1.8.23 Unrestricted lunds General fund 116,044 {80.324) 830 56,550 Roslricled funds c.oalfields Climate Change Scotllsh Football Association The Energy Saving Cycle UK Foundation SGOtland South Lanarkshlre Council Sponsorships National Loltery Community FLlnd 343 (343) (451) 75,905 14,070) 4,070 5,664 120 {18,251) (84) 1B,712 18,712 68,548 1830) TOTAL FUNDS 147,435 6,224 153,659 Net movement in funds, included In the above are as follows.. Incoming Resources Movemenl resources expended in fund5 Unrestrlcted funds General fund 161,476 (221,800> (60,324) Restrlcted funds Scottish Footb?11 Association The Energy Saving Cycle UK Cyclin9 Scotland VASLAN South Lanarkshire Council Sponsorships National Lottery Communrty Fund Spirrt of Lanarkshirg Wind Energy Co-operatlve Robertson's Trust Anderson Strathem 128,572 <52,667) {17,646) 15,684) 13,440) (36,480) (37,531) (22,784) (18,712) (4,070) (5,6641 3.440 36.480 19,280 22,700 37,424 (18,2511 5,000 8,500 3.000 {5,QOO) {8,500) <3,ODO) 277,972 (211.424) TOTAL FUNDS 439,448 (433,2241 6,224 Page 10 continued...
Blant re Soccer Academ Notes to the Financial Statements - continued for the Year Ended 31 Jul 2024 MOVEMENT IN FUNDS - continued Comparatlves for movernent In funds Net movement in funds At 31,7.23 At 1.8.22 Unrestrictgd funds General fund 163,147 (47,103> 116,044 R'estricted funds Coalfields Clima*e Change Scottish Football Association The Energy Saving Cycle UK Cycllrtg Scotland FoLJndation Scotland VASLAN South Lanarkshire Council 343 451 18,750 4,070 6.667 9,442 343 451 (18,750> 4,070 5,664 {1,003) (9,442) 29.108 (29,108) 20,743 (37,560) TOTAL FUNDS 232,098 (84,683) 147,435 Comparative nel movement in funds, included in tha above are as follows.. Incoming Resources Movement resources expend in funds Unrestrictsd funds .G8neral fund 227,591 (274,6941 (47,103} Rastricted fun¢s 'Sportad Foundation Scottish Football Association Cycle UK 'Cycling Scotland Waitrose Wirgin Money Foundation VASLAN South Lanarkshire Council 500 10,851 {5001 (29,6011 (1,0031 (9,4421 {3001 15001 (48,4831 (8,949) (18,7501 (1,003) (9,442) 300 500 (29,1081 2Q,743 29,892 61,218 (98.778) (37,5601 TOTAL FUNDS 288,8D9 <373,472} (84,663) Descrlption of restrlcted funds Coalfièld.. To fund SQAIVolunt8ér Awards Trainino and the purchase of a laptop. Page11 continued...
B18n re SocGe'r Ac8dem Note5 to the Fin ements - "continued for the Year Ended 31 Jul 2024 MOVEMENT IN FUNDS - continued Sport8d Foundation".: To fund 8quipment for the para tearn. Climate Change". Funding of the Blantyre Bikes Belter project. Scottish Football Association.. Funding to run Afterschool, Holiday Camps, Coaching. and Salary costg. The Energy Saving.. Funding for bikes and bike accessories: Cycle UK.. To run cycling events and funding for staff salaries. Cycling Scotland.. To run cyclift9 events and funding for staff salaries. Waitrose.. Funding for the community garden. Virgin Money Foundation: Funding for team equipment. Foundation Scotland,. For the purGhas8 of laptops. VASLAN.. Funding for salaries. South Lanarkshire Council: Funding to assist with camps. National Lottery Community Fund.. Funding towards coaching costs. Spirit of Lanarkshire Wind Energy Cooperative- Funds for installation of solar panels. Robertson's Trust.. Safe Hands project to provide support for children affected by abuse. Anderson Strathern.. Funding for team equipment. Sponsorships., Local business sponsorships for kit etc.. RELATED PARTY DISCLOSURES There were no relaled party transactions for'the year ended 31 July 2024. Page 12