REGISTERED CHARITY NUMBER: SC043613
Report of the Trustees and Financial Statements for the Year Ended 31 July 2025
for
Blantyre Soccer Academy
Accountants Plus (Hamilton) Ltd T/A Accountants Plus Statutory Auditor Second Floor Airbles House 270 Airbles Road Motherwell ML1 3AT
Blantyre Soccer Academy
Contents of the Financial Statements for the Year Ended 31 July 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Report of the Independent Auditors | 5 to 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Cash Flow Statement | 11 |
| Notes to the Cash Flow Statement | 12 |
| Notes to the Financial Statements | 13 to 22 |
| Detailed Statement of Financial Activities | 23 to 24 |
Blantyre Soccer Academy
Report of the Trustees
for the Year Ended 31 July 2025
The trustees present their report with the financial statements of the charity for the year ended 31 July 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The purpose of the charity is to support our local community as much as possible through sport. The objectives of the Charity are to advance public participation in amateur sport of football by promoting it through the provision of recreational facilities and activities. To provide a safe environment to encourage and promote the development of football, health, self-esteem, and social cohesion within the community. To provide facilities and equipment and it will be available to anyone irrespective of race, colour, religion, sex, sexuality or disabilities.
Public benefit
The trustees confirm that they have complied with their duty under section 66 of the Charities and Trustee Investment (Scotland) Act 2005 to have due regard to the guidance on public benefit published by the Office of the Scottish Charity Regulator (OSCR) when exercising their powers and duties.
The charity’s purposes are set out in its governing document and are recognised as charitable under Scottish law. The trustees ensure that all activities undertaken during the year are in furtherance of these purposes and provide identifiable public benefit.
In particular, the charity advances public participation in sport and supports the development of children and young people through the provision of football coaching, training sessions, and related activities. These activities promote physical health and wellbeing, teamwork, discipline, confidence, and social inclusion.
The charity delivers its programmes to children and young people within the community, including those who may face social or economic disadvantage. In doing so, the trustees ensure that:
the benefit is clear and directly linked to the charity’s purposes; any private benefit is incidental and necessary to achieve the charitable aims; and there are no undue restrictions on access to participation.
Where charges are applied for participation, the trustees ensure that these are kept at a level which does not restrict access.
The trustees are satisfied that the charity’s activities during the year have provided public benefit in line with its stated purposes.
Page 1
Blantyre Soccer Academy
Report of the Trustees
for the Year Ended 31 July 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
During the year, the charity was fortunate to secure grant funding from Awards for All and VASLAN, SFA enabling us to expand and strengthen several key initiatives. This support allowed us to further our work in assisting young people into employment and to deliver much needed after school clubs to individuals and families within our community by delivering training camps, snacks and allowing parents some much needed respite.
As an academy, we continued to evolve and diversify our programme of activities. We also launched an exciting new community garden initiative designed to promote wellbeing, engagement and local participation.
The Academy experienced significant growth, welcoming 35 new players and recruiting 12 additional coaches, further enhancing our capacity and development pathway.
We are particularly proud to have become the first organisation to successfully complete a Community Asset Transfer of a previously disused council hall. This facility has now been transformed into a vibrant and inclusive community hub, open and accessible to all. As we enter the 3rd Phase of our Hall project we now embark on the new 3g playing facility for use of our members and the whole community.
FINANCIAL REVIEW
Reserves policy
The Academy's policy is to hold enough funds to allow us to be reactive if any of the teams require investment or support. It is not an aim to maximise our cash and bank holdings.
At the year end the Academy had unrestricted funds, not invested in fixed assets, of £96,031.
With us now having 25 teams including an amateur team, and several age groups, the Academy, although aware of its charitable nature, needs to have enough working capital to support ALL of these teams at any time. The Academy board and trustees are content this amount is appropriate.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity was set up and was originally recognised as an unincorporated Scottish charity with effect from 29th November 2012. On 25th July 2014 the Charity converted to a SCIO and is now administered in accordance with the terms of its constitution dated 25th July 2014.
Recruitment and appointment of new trustees
The original trustees were those individuals who signed the charity trustee declaration forms which accompanied the application for incorporation of the organisation.
At each AGM the members may elect any eligible member to be a trustee. The Trustees may also at any time appoint any eligible member to be a trustee.
At each AGM all of the trustees must retire from office but may then be re-elected.
Organisational structure
The Trustees, who hold regular meetings, generally control the activities of the charity.
Induction and training of new trustees
New trustees attend a short induction and training session where they are briefed on the content of the Memorandum and Articles of Association, the decision making process, the business plan and recent financial performance of the charity.
Page 2
Blantyre Soccer Academy
Report of the Trustees
for the Year Ended 31 July 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk assessment
The Trustees have considered the major risks to which the charity is exposed and has reviewed those risks and established systems and procedures to manage those risks. A formal review of the charity's risk management processes is undertaken on an annual basis.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
SC043613
Principal address
Community Hub Birch Place Blantyre G72 9PL
Trustees
J Whelan M McGlynn K O'Neil
Auditors
Accountants Plus (Hamilton) Ltd T/A Accountants Plus Statutory Auditor Second Floor Airbles House 270 Airbles Road Motherwell ML1 3AT
Key Management
Linda Riddoch
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).
Page 3
Blantyre Soccer Academy
Report of the Trustees
for the Year Ended 31 July 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under charity law the trustees must not approve the financial statements unless they are satisfied that they 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
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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 Act 2011 and The Charity (Accounts and Reports) Regulations 2008. 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.
Approved by order of the board of trustees on 7 April 2026 and signed on its behalf by:
J Whelan - Trustee
Page 4
Report of the Independent Auditors to the Trustees of Blantyre Soccer Academy
Opinion
We have audited the financial statements of Blantyre Soccer Academy (the 'charity') for the year ended 31 July 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement 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 31 July 2025 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
-
have been prepared in accordance with the requirements of the Charities Act 2011.
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.
Page 5
Report of the Independent Auditors to the Trustees of Blantyre Soccer Academy
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 and Reports) Regulations 2008 requires us to report to you if, in our opinion:
-
the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
-
sufficient accounting records have not been kept; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
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 6
Report of the Independent Auditors to the Trustees of Blantyre Soccer Academy
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 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. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks.
The key factors impacting the detection of irregularities are the inherent difficulty in detecting irregularities, the effectiveness of the company's controls and the nature, timing and extent of the audit procedures performed.
We note that it can be harder to detect irregularities arising due to fraud as they may involve deliberate concealment or collusion. We focused on laws and regulations that could give rise to a material misstatement in the financial statements including, but not limited to the Charities Accounts (Scotland) Regulations 2006 (as amended), the Charities and Trustee Investment (Scotland) Act 2005 and significant regulations relating to the sector in which the company operates.
Our procedures in relation to fraud and irregularities included but were not limited to:
-
Inquiries of management whether they have knowledge of any actual, suspected or alleged fraud.
-
Gaining an understanding of the legal and regulatory framework through discussion with management and identifying how the entity ensures compliance through a review of systems. Assessing the collective ability of the audit team to identify or recognize non-compliance with laws and regulations. We identified the following as significant laws and regulations for this charity - protection of vulnerable groups and SFA regulations relating to football coaches
-
Gaining an understanding of the internal controls established to mitigate risk related to fraud.
-
Making an assessment of the susceptibility of the charity's financial statements to material misstatement.
-
Carrying out a review of accounting systems and procedure and making an assessment on the effectiveness of its control environment.
Page 7
Report of the Independent Auditors to the Trustees of Blantyre Soccer Academy
-
Identifying the principal risks where fraud could take place e.g. posting manual journal entries to manipulate financial performance, management bias through judgements and assumptions in significant accounting estimates and significant one-off or unusual transaction. Discussion of these matters by the audit team.
-
Addressing the risk of fraud through management override of controls.
-
Review of board minutes and relevant correspondence with regulators and legal advisors.
-
Agreement of the financial statement disclosures to underlying supporting documentation.
-
Consideration of these matters for the charity.
The primary responsibility for the prevention and detection of irregularities including fraud rests with both those charged with governance and management.
Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).
In particular, the more removed from the financial transactions, the less likely it is that we would become aware of non-compliance with laws and regulations.
As a result of our procedures, we did not identify any key audit matters relating to irregularities.
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.
Note on the previous period
The figures in the previous period were unaudited
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. 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.
Accountants Plus (Hamilton) Ltd T/A Accountants Plus Statutory Auditor Second Floor Airbles House 270 Airbles Road Motherwell ML1 3AT
7 April 2026
Page 8
Blantyre Soccer Academy
Statement of Financial Activities for the Year Ended 31 July 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 4 Charitable activities Other trading activities 3 Other income Total EXPENDITURE ON Raising funds 5 Charitable activities 6 Charitable activities Total NET INCOME Transfers between funds 16 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward As previously reported Prior year adjustment 11 As restated TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 157,859 - 55,582 27,113 240,554 12,098 131,639 143,737 96,817 (24,813) 72,004 56,550 (16,386) 40,164 112,168 |
Restricted funds £ 1 372,835 - - 372,836 - 310,987 310,987 61,849 24,813 86,662 97,109 16,386 113,495 200,157 |
31.7.25 31.7.24 Total Total funds funds as restated £ £ 157,860 142,872 372,835 277,972 55,582 18,604 27,113 - 613,390 439,448 12,098 12,242 442,626 420,982 454,724 433,224 158,666 6,224 - - 158,666 6,224 153,659 147,435 - - 153,659 147,435 312,325 153,659 |
31.7.25 31.7.24 Total Total funds funds as restated £ £ 157,860 142,872 372,835 277,972 55,582 18,604 27,113 - 613,390 439,448 12,098 12,242 442,626 420,982 454,724 433,224 158,666 6,224 - - 158,666 6,224 153,659 147,435 - - 153,659 147,435 312,325 153,659 |
|---|---|---|---|---|
| 439,448 | ||||
| 12,242 420,982 |
||||
| 433,224 | ||||
| 6,224 - |
||||
| 6,224 147,435 - |
||||
| 147,435 | ||||
| 153,659 |
The notes form part of these financial statements
Page 9
Blantyre Soccer Academy
Balance Sheet
31 July 2025
| Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 16,138 26,093 110,944 137,037 (41,005) 96,032 112,170 112,170 |
Restricted funds £ 160,263 - 39,893 39,893 (1) 39,892 200,155 200,155 |
31.7.25 31.7.24 Total Total funds funds as restated £ £ 176,401 13,138 26,093 19,152 150,837 123,048 176,930 142,200 (41,006) (1,679) 135,924 140,521 312,325 153,659 312,325 153,659 112,170 40,164 200,155 113,495 312,325 153,659 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 7 April 2026 and were signed on its behalf by:
J Whelan - Trustee
The notes form part of these financial statements
Page 10
Blantyre Soccer Academy
Cash Flow Statement for the Year Ended 31 July 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets Net cash (used in)/provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 2 Cash and cash equivalents at the end of the reporting period 2 |
31.7.25 £ 198,456 198,456 (175,967) 5,299 (170,668) 27,788 123,048 150,836 |
31.7.24 as restated £ 43,743 43,743 - - - 43,743 79,305 123,048 |
|---|---|---|
The notes form part of these financial statements
Page 11
Blantyre Soccer Academy
Notes to the Cash Flow Statement for the Year Ended 31 July 2025
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| ACTIVITIES | ||||
|---|---|---|---|---|
| 31.7.25 | 31.7.24 | |||
| as | ||||
| restated | ||||
| £ | £ | |||
| Net income for the reporting period (as per the Statement | ||||
| of Financial Activities) | 158,666 | 6,224 | ||
| Adjustments for: | ||||
| Depreciation charges | 8,797 | 6,571 | ||
| Profit on disposal of fixed assets | (1,392) | - | ||
| (Increase)/decrease in debtors | (6,941) | 30,769 | ||
| Increase in creditors | 39,326 | 179 | ||
| Net cash provided by operations | 198,456 | 43,743 | ||
| 2. | ANALYSIS OF CASH AND CASH EQUIVALENTS | |||
| 31.7.25 | 31.7.24 | |||
| as | ||||
| restated | ||||
| £ | £ | |||
| Cash in hand | 227 | - | ||
| Notice deposits (less than 3 months) | 150,610 | 123,048 | ||
| Overdrafts included in bank loans and overdrafts falling | due | |||
| within one year | (1) | - | ||
| Total cash and cash equivalents | 150,836 | 123,048 | ||
| 3. | ANALYSIS OF CHANGES IN NET FUNDS | |||
| At 1.8.24 | Cash flow | At 31.7.25 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank and in hand | 123,048 | 27,789 | 150,837 | |
| Bank overdraft | - | (1) | (1) | |
| 123,048 | 27,788 | 150,836 | ||
| Total | 123,048 | 27,788 | 150,836 |
The notes form part of these financial statements
Page 12
Blantyre Soccer Academy
Notes to the Financial Statements for the Year Ended 31 July 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 Act 2011. 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.
Freehold property - 2% on cost
Motor vehicles - 25% reducing balance
Plant & machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
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.
Page 13
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
| 2. DONATIONS AND LEGACIES Donations Membership contributions 3. OTHER TRADING ACTIVITIES Fundraising events Sponsorships 4. INCOME FROM CHARITABLE ACTIVITIES Activity Grants Charitable activities Grants received, included in the above, are as follows: Facilities Keep The Heid Extra Time Staffing |
31.7.25 £ 27,017 130,843 157,860 31.7.25 £ 35,654 19,928 55,582 31.7.25 £ 372,835 31.7.25 £ 201,838 5,000 141,047 24,950 372,835 |
31.7.24 as restated £ 142,872 - 142,872 31.7.24 as restated £ 18,604 - 18,604 31.7.24 as restated £ 277,972 31.7.24 as restated £ - - - - - |
|---|---|---|
Page 14
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
5. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||||
|---|---|---|---|---|
| 31.7.25 | 31.7.24 | |||
| as | ||||
| restated | ||||
| £ | £ | |||
| Fundraising Costs | 12,098 | 12,242 | ||
| 6. | CHARITABLE ACTIVITIES COSTS | |||
| Support | ||||
| Direct | costs (see | |||
| Costs | note 7) | Totals | ||
| £ | £ | £ | ||
| Charitable activities | 431,172 | 11,454 | 442,626 |
7. SUPPORT COSTS
Charitable activities
Governance costs £ 11,454
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.
9. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
31.7.25 31.7.24 as restated £ £ 80,020 70,510 2,252 - 4,830 - 87,102 70,510 |
|---|---|
Page 15
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
9. STAFF COSTS - continued
The average monthly number of employees during the year was as follows:
| 31.7.25 | 31.7.24 | |||
|---|---|---|---|---|
| as | ||||
| restated | ||||
| Administration | 3 | 3 | ||
| No employees received emoluments in excess of £60,000. | ||||
| Total payments to key management personnel: £33,833 | ||||
| 10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| as restated | ||||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 142,872 | - | 142,872 | |
| Charitable activities | ||||
| Charitable activities | - | 277,972 | 277,972 | |
| Other trading activities | 18,604 | - | 18,604 | |
| Total | 161,476 | 277,972 | 439,448 | |
| EXPENDITURE ON | ||||
| Raising funds | 12,242 | - | 12,242 | |
| Charitable activities | ||||
| Charitable activities | 225,944 | 195,038 | 420,982 | |
| Total | 238,186 | 195,038 | 433,224 | |
| NET INCOME/(EXPENDITURE) | (76,710) | 82,934 | 6,224 | |
| Transfers between funds | 830 | (830) | - | |
| Net movement in funds | (75,880) | 82,104 | 6,224 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 116,044 | 31,391 | 147,435 | |
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 40,164 | 113,495 | 153,659 |
Page 16
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
11. PRIOR YEAR ADJUSTMENT
The prior year figures were unaudited.
The brought forward reserves figure did not correctly reflect the allocation of funds between restricted and unrestricted reserves. A prior year adjustment has been made to correct this.
The overall reserves are unchanged.
12. TANGIBLE FIXED ASSETS
| Freehold Plant and property machinery £ £ COST At 1 August 2024 - 18,018 Additions 161,692 3,450 Disposals - - At 31 July 2025 161,692 21,468 DEPRECIATION At 1 August 2024 - 15,387 Charge for year 2,921 1,520 Eliminated on disposal - - At 31 July 2025 2,921 16,907 NET BOOK VALUE At 31 July 2025 158,771 4,561 At 31 July 2024 - 2,631 DEBTORS Amounts falling due within one year: Other debtors Amounts falling due after more than one year: Other debtors Aggregate amounts |
Fixtures and fittings £ - 10,825 - 10,825 - 2,706 - 2,706 8,119 - |
Motor vehicles £ 41,640 - (22,740) 18,900 31,133 1,650 (18,833) 13,950 4,950 10,507 31.7.25 £ 24,093 2,000 26,093 |
Totals £ 59,658 175,967 (22,740) 212,885 46,520 8,797 (18,833) 36,484 176,401 13,138 31.7.24 as restated £ 17,152 2,000 19,152 |
|
|---|---|---|---|---|
13. DEBTORS
Page 17
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Bank loans and overdrafts (see note 15) Other creditors Accrued expenses 15. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts 16. MOVEMENT IN FUNDS Prior year At 1.8.24 adjustment £ £ Unrestricted funds General fund 56,550 (16,386) Fixed Asset Reserve - - 56,550 (16,386) Restricted funds Scottish Football Association Extra Time Funding 75,905 11,561 VASLAN - 3,000 Fixed Asset Reserve 2,492 - National Lottery Community Fund/ Young Start 18,712 (12,991) SFA - Facilities fund - 14,816 97,109 16,386 TOTAL FUNDS 153,659 - |
Net movement in funds £ 91,327 5,492 96,819 (87,467) 7,492 (4,895) (5,721) 152,438 61,847 158,666 |
|
|---|---|---|
Page 18
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
16. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Asset Reserve Restricted funds Sported Foundation Scottish Football Association Extra Time Funding VASLAN Fixed Asset Reserve National Lottery Community Fund/ Young Start Main Grants Turcan Connell SLC SFA - Facilities fund TOTAL FUNDS |
Incoming resources £ 244,461 (3,907) 240,554 2,000 103,623 29,950 1 37,424 20,000 4,900 2,500 172,438 372,836 613,390 |
Resources expended £ (153,134) 9,399 (143,735) (2,000) (191,090) (22,458) (4,896) (43,145) (20,000) (4,900) (2,500) (20,000) (310,989) (454,724) |
Movement in funds £ 91,327 5,492 96,819 - (87,467) 7,492 (4,895) (5,721) - - - 152,438 61,847 158,666 |
|---|---|---|---|
Page 19
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Coalfields Climate Change Scottish Football Association Extra Time Funding The Energy Saving Cycle UK Foundation Scotland VASLAN Fixed Asset Reserve Sponsorships National Lottery Community Fund/ Young Start SFA - Facilities fund TOTAL FUNDS |
At 1.8.23 £ 116,044 343 451 - 4,070 5,664 120 - 20,743 - - - 31,391 147,435 |
Net movement in funds £ (76,710) - - 87,466 (4,070) (5,664) - 3,000 (18,251) (84) 5,721 14,816 82,934 6,224 |
Transfers between funds £ 830 (343) (451) - - - (120) - - 84 - - (830) - |
At 31.7.24 £ 40,164 - - 87,466 - - - 3,000 2,492 - 5,721 14,816 |
|---|---|---|---|---|
| 113,495 | ||||
| 153,659 |
Page 20
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Scottish Football Association Extra Time Funding The Energy Saving Cycle UK Cycling Scotland VASLAN Fixed Asset Reserve Sponsorships National Lottery Community Fund/ Young Start Spirit of Lanarkshire Wind Energy Co-operative Robertson's Trust Anderson Strathern SFA - Facilities fund TOTAL FUNDS |
Incoming resources £ 161,476 128,572 13,576 - 3,440 36,480 19,280 22,700 37,424 5,000 8,500 3,000 - 277,972 439,448 |
Resources expended £ (238,186) (41,106) (17,646) (5,664) (3,440) (33,480) (37,531) (22,784) (31,703) (5,000) (8,500) (3,000) 14,816 (195,038) (433,224) |
Movement in funds £ (76,710) 87,466 (4,070) (5,664) - 3,000 (18,251) (84) 5,721 - - - 14,816 82,934 6,224 |
|---|---|---|---|
Description of restricted funds
Coalfield: To fund SQA/Volunteer Awards Training and the purchase of a laptop. Sported Foundation:: To fund equipment for the para team.
Climate Change: Funding of the Blantyre Bikes Better project.
Scottish Football Association: Funding to run Afterschool, Holiday Camps, Coaching and Salary costs.Also separate funding for the renovation of the building.
The Energy Saving: Funding for bikes and bike accessories. Cycle UK: To run cycling events and funding for staff salaries. Cycling Scotland: To run cycling events and funding for staff salaries. Virgin Money Foundation: Funding for team equipment. Foundation Scotland: For the purchase of laptops. VASLAN: Funding for salaries and mental health support. South Lanarkshire Council: Funding to assist with camps.
National Lottery Community Fund: Funding towards coaching costs and for facilities under the Larkfield Happy Project.
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.
Page 21
continued...
Blantyre Soccer Academy
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
17. RELATED PARTY DISCLOSURES
There were payments totalling £7,962 made to a trustee for services during the year. No remuneration was paid to trustees for their role as a trustee.
Page 22
Blantyre Soccer Academy
| Detailed Statement of Financial Activities for the Year Ended 31 July 2025 INCOME AND ENDOWMENTS Donations and legacies Donations Membership contributions Other trading activities Fundraising events Sponsorships Charitable activities Grants Other income Other income Gain on sale of tangible fixed assets Total incoming resources EXPENDITURE Raising donations and legacies Fundraising Costs Charitable activities Wages Social security Pensions Sundries Professional Fees Hire of Training Facilities Tournament Fees Players & Managers Kit Fixtures & Fittings Football Equipment Coaching Fees Carried forward |
31.7.25 31.7.24 as restated £ £ 27,017 142,872 130,843 - 157,860 142,872 35,654 18,604 19,928 - 55,582 18,604 372,835 277,972 25,721 - 1,392 - 27,113 - 613,390 439,448 12,098 12,242 80,020 70,510 2,252 - 4,830 - - 1 11,037 39,669 107,645 76,764 56,388 77,854 47,529 48,293 2,143 1,000 32,797 16,183 22,098 26,394 366,739 356,668 |
31.7.25 31.7.24 as restated £ £ 27,017 142,872 130,843 - 157,860 142,872 35,654 18,604 19,928 - 55,582 18,604 372,835 277,972 25,721 - 1,392 - 27,113 - 613,390 439,448 12,098 12,242 80,020 70,510 2,252 - 4,830 - - 1 11,037 39,669 107,645 76,764 56,388 77,854 47,529 48,293 2,143 1,000 32,797 16,183 22,098 26,394 366,739 356,668 |
|---|---|---|
| 142,872 18,604 - |
||
| 18,604 277,972 - - |
||
| - | ||
| 439,448 12,242 70,510 - - 1 39,669 76,764 77,854 48,293 1,000 16,183 26,394 356,668 |
This page does not form part of the statutory financial statements
Page 23
Blantyre Soccer Academy
Detailed Statement of Financial Activities for the Year Ended 31 July 2025
| Charitable activities Brought forward Gifts & Donations Rent, rates, heat & light Publicity Travel & Accommodation Insurance, Road Tax & MOT Refreshment & Expenses Refunds Parties, Functions & Presentations Phone Cleaning Team Registrations First Aid Computer & Printing Office Stationery & Printing Memberships & Affliations Freehold property Plant and machinery Fixtures and fittings Motor vehicles Support costs Governance costs Auditors' remuneration Accountancy and legal fees Total resources expended Net income |
31.7.25 31.7.24 as restated £ £ 366,739 356,668 13,139 827 11,340 4,598 4,078 18,190 6,654 5,308 4,830 6,529 3,566 5,402 2,643 3,674 1,636 3,796 1,504 1,507 1,430 129 1,285 2,247 1,237 1,660 1,166 829 601 1,309 526 60 2,921 - 1,520 1,315 2,706 - 1,651 5,254 431,172 419,302 11,454 - - 1,680 11,454 1,680 454,724 433,224 158,666 6,224 |
31.7.25 31.7.24 as restated £ £ 366,739 356,668 13,139 827 11,340 4,598 4,078 18,190 6,654 5,308 4,830 6,529 3,566 5,402 2,643 3,674 1,636 3,796 1,504 1,507 1,430 129 1,285 2,247 1,237 1,660 1,166 829 601 1,309 526 60 2,921 - 1,520 1,315 2,706 - 1,651 5,254 431,172 419,302 11,454 - - 1,680 11,454 1,680 454,724 433,224 158,666 6,224 |
|---|---|---|
| 419,302 - 1,680 |
||
| 1,680 | ||
| 433,224 | ||
| 6,224 |
This page does not form part of the statutory financial statements
Page 24