**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