**Charity registration number SC043752 (Scotland)**
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MAY 2025**
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
**Charity number (Scotland)**
SC043752
## **Principal address**
Drumgeith Pavilion Drumgeith Road Dundee DD4 0JX
## **Independent examiner**
Findlays Audit Limited 11 Dudhope Terrace Dundee DD3 6TS
**Bankers**
Clydesdale Bank 7/8 High Street Dundee DD1 1SS
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5 - 6|
|Balance sheet|7|
|Notes to the financial statements|8 - 22|
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MAY 2025**_
The trustees present their annual report and financial statements for the year ended 31 May 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the articles and memorandum, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The charity exists to:
- Advance public participation in sport and physical activity.
- Provide facilities for recreation and community development.
- Promote health, wellbeing, and inclusion within the Fairfield and wider Dundee community.
Support educational and training opportunities, particularly for young people.
## **Achievements and performance**
## _Significant activities and achievements against objectives_
During this year the Hub has continued to provide a wide range of community, sporting and wellbeing activities. Highlights include:
- Delivery of regular **football programmes** for children, young people, and adults, including work within local primary schools to provide football sessions that build skills, confidence, and healthy habits.
- Establishment of **new women’s walking football sessions** , encouraging physical activity, reducing isolation, and improving wellbeing for women over 50.
- Launch of community health and family engagement programmes such as **Pram Walking** for parents and carers, and **Mini & Tiny Jamesies** sessions supporting early years development through sport and play.
- Expansion into creative and employability opportunities through the **Young Start “Innostitch” project** , offering children’s craft classes as well as employability courses to support skills development and pathways to work.
- Ongoing operation of the **Fairfield Food Larder** , providing affordable and dignified food access for local residents.
- Significant progress on the **Community Asset Transfer** for Fairfield Park, Balerno Education Centre, and adjacent land, positioning the Hub for long-term sustainability and access to new funding streams.
- Facility improvements, including the installation of **new flooring** , preparation for external painting, and development of a **Creative Hub space** for arts and learning.
- Hosting of affordable **community events** such as the £2 Community Panto, ensuring local families and children are not excluded from cultural opportunities.
Continued reliance on and celebration of a strong **volunteer base** , whose input has been vital in delivering activities and supporting events.
- 1 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **Evidence of Impact**
Over the course of the year, our programmes reached a wide cross-section of the community. The Fairfield Food Larder supported an average of **250 households each week** , reducing food insecurity for local families. Our sports programmes engaged more than **450 children and young people** across school sessions, community football, and development squads. The new women’s walking football initiative has already attracted **15 regular participants** , with positive feedback on health and wellbeing benefits. Family programmes such as Pram Walking and Mini & Tiny Jamesies welcomed **30 parents/carers and children** , while the Innostitch project delivered **4 craft sessions a week (9 kids in each class)** and **4 employability workshops** , supporting participants with new skills and confidence. Attendance at our £2 Community Panto exceeded expectations, with **240 community members** taking part.
These figures demonstrate not only the scale of participation but also the breadth of need in the East End of Dundee. They highlight the Hub’s role in tackling inequality, promoting health and wellbeing, and providing inclusive opportunities for people of all ages.
## **Financial review**
The charity’s income for the year came from a mix of grant funding, donations, fundraising, and earned income from facility hire.
Expenditure was focused on staff costs, project delivery, and improvements to facilities, including flooring and community hub works.
While securing ongoing core funding continues to be challenging, the charity has managed resources carefully. The Trustees are committed to maintaining a prudent reserves policy to safeguard future sustainability.
During the year ended 31 May 2025, Fairfield Community Sports Hub SCIO reported total income of **£387,637** . This was largely made up of restricted and unrestricted grant funding, donations, and income generated from community services such as the Food Larder and studio hire. Expenditure for the year totalled **£288,766** , primarily reflecting investment in staff wages, essential repairs and maintenance, and project delivery costs. This resulted in a net surplus of **£98,771** .
Fairfield Community Hub Limited, the trading subsidiary, achieved turnover of **£119,092** through activities such as pitch hire, café income, studio hire, and the jetwash facility. Administrative costs of **£74,075** were recorded, leading to an operating profit of **£77,311** . After including small amounts of other income, the final profit for the year stood at **£77,321** . Profits are to be gift-aided to the parent charity to support its community activities.
Taken together, the charity and subsidiary continue to demonstrate a healthy ability to generate both grant and earned income streams. While the SCIO recorded a deficit this year due to exceptional repairs and maintenance costs, the trading subsidiary delivered a strong surplus which offsets pressures on unrestricted funds. The trustees continue to monitor finances carefully and are confident the organisation remains in a stable position going forward.
## _Going concern_
The trustees have considered the financial position and future plans of the organisation, including the confirmed funding streams and projected income from the trading subsidiary. On this basis, the trustees are satisfied that Fairfield Community Sports Hub SCIO has adequate resources to continue to operate for the foreseeable future and therefore the accounts have been prepared on a going concern basis.
## _Reserves policy_
The trustees review the reserves position regularly to ensure that the organisation maintains sufficient unrestricted funds to meet ongoing commitments and manage cash flow. The policy is to hold reserves equivalent to at least **three months of core expenditure** , providing a buffer against unexpected costs or delays in funding. At year end, the charity’s unrestricted reserves were £100k+, which the trustees consider adequate to support planned activity and future development.
## **Structure, governance and management**
Fairfield Community Sports Hub SCIO is registered as a charitable company limited by guarantee.
- 2 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
The trustees who served during the year and up to the date of signature of the financial statements were:
## _Recruitment and appointment of trustees_
We can have up to 12 Charity Trustees, or members of the Board who are elected by the members at the AGM each year. Any of our members who fulfil the OSCR requirement of being a charity trustee can stand for election. All trustees must retire from office at the following AGM but, if they agree, may then be re-elected. Anyone who wishes to stand for election must complete an application and sign a declaration form stating that they are not disbarred from becoming a charity trustee. The trustees ae considered to be key management of the organisation.
## **Plans for the future**
For 2025/26 the Trustees aim to:
- Progress and complete the Community Asset Transfer process.
- Develop and expand the **Fairfield Families project** , supporting parents and children in after-school settings.
- Grow participation in women’s walking football, community sport, and wellbeing programmes.
- Increase use of the Creative Hub for arts, learning, and community development.
- Strengthen financial sustainability through new funding bids, partnerships, and facility hire.
The trustees' report was approved by the Board of Trustees.
- 3 -
## FAIRFIELD COMMUNITY SPORTS HUB SCIO
## INDEPENDENT EXAMINER'S REPORT
## TO THE TRUSTEES OF FAIRFIELD COMMUNITY SPORTS HUB SCIO
| report on the financial statements of the Company for the year ended 31 May 2025, which are set out on pages 5 to 22.
## Respective responsibilities of trustees and examiner
The Company's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Company trustees consider that the audit requirement of Regulation 10(1)(a)-(c) of the Charities Accounts (Scotland) Regulations 2006 does not apply.
It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.
## Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently | do not express an audit opinion on the view given by the financial statements.
## Independent examiner's statement
In the course of my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with Section 44(1)(a) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and
- * to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scotland) Regulations 2006
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Findlays Audit Limited
11 Dudhope Terrace
Dundee DD3 6TS 5 November 2025
-4-
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MAY 2025**_
|**Current financial year**
**Unrestricted**
**funds**
**2025**
**Restricted**
**funds**
**2025**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
163,923
204,135
Charitable activities
**4**
19,479
-
Other income
**5**
100
-
**Total income**
183,502
204,135
**Expenditure on:**
Charitable activities
**6**
172,744
112,822
Other expenditure
**11**
-
3,200
**Total expenditure**
172,744
116,022
Net gains/(losses) on investments
**12**
(100)
-
**Net income**
10,658
88,113
Transfers between funds
3,850
(3,850)
**Net movement in funds**
**8**
14,508
84,263
**Reconciliation of funds:**
Fund balances at 1 June 2024
69,292
45,311
**Fund balances at 31 May 2025**
83,800
129,574|**Total**
**2025**
**£**
368,058
19,479
100
387,637
285,566
3,200
288,766
(100)
98,771
-
98,771
114,603
213,374|**Total**
**2024**
**£**
180,842
19,494
81
200,417
193,159
-
193,159
-
7,258
-
7,258
107,345
114,603|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 22 form part of these financial statements.
- 5 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MAY 2025**_
|**Prior financial year**
**Unrestricted**
**funds**
**2024**
**Restricted**
**funds**
**2024**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
88,112
92,730
Charitable activities
**4**
19,494
-
Other income
**5**
81
-
**Total income**
107,687
92,730
**Expenditure on:**
Charitable activities
**6**
45,890
147,269
**Total expenditure**
45,890
147,269
**Net income/(expenditure) and movement in funds**
61,797
(54,539)
**Reconciliation of funds:**
Fund balances at 1 June 2023
7,494
99,851
**Fund balances at 31 May 2024**
69,291
45,312|**Total**
**2024**
**£**
180,842
19,494
81
200,417
193,159
193,159
7,258
107,345
114,603|
|---|---|
- 6 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **BALANCE SHEET**
## _**AS AT 31 MAY 2025**_
|**Notes**
**Fixed assets**
Tangible assets
**14**
Investments
**15**
**Current assets**
Debtors
**16**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**17**
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**18**
**Net assets**
**The funds of the Company**
Restricted income funds
**21**
Unrestricted funds
**23**|**2025**
**£**
28,260
84,425
112,685
(19,037)|**£**
124,630
100
124,730
93,648
218,378
(5,004)
213,374
129,574
83,800
213,374|**2024**
**£**
78,701
34,593
113,294
(25,748)|**£**
41,424
200
41,624
87,546
129,170
(14,567)
114,603
45,312
69,291
114,603|
|---|---|---|---|---|
The notes on pages 8 to 22 form part of these financial statements.
The financial statements were approved by the trustees on 5 November 2025
- 7 -
**FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **1 Accounting policies**
## **Charity information**
Fairfield Community Sports Hub SCIO is a Charity registered in Scotland. The principle address is Drumgeith Pavillion, Drumgeith Road, Dundee, DD4 0JX.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the Company's articles and memorandum, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Company is a Public Benefit Entity as defined by FRS 102.
The Company has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the Company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 8 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Equipment 25% reducing balance/ or 10% straight line Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Fixed asset investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the Company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
## **1.8 Impairment of fixed assets**
At each reporting end date, the Company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.9 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 9 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.10 Financial instruments**
The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the Company’s contractual obligations expire or are discharged or cancelled.
## **1.11 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.12 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
- 10 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **2 Critical accounting estimates and judgements**
In the application of the Company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **Key sources of estimation uncertainty**
## **Depreciation**
Fixed assets are depreciated over their expected useful lives. Useful lives of assets are reviewed regularly, taking into consideration the assets physical condition.
## **3 Income from donations and legacies**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
163,923
-
Grants
-
204,135
163,923
204,135
**Donations and gifts**
Crowdfunder
622
-
Just Giving
2,090
-
WM Thomson & Sons
-
-
Small donations
7,450
-
Other
16,760
-
The Leng Trust
3,000
-
Donations from subsidiary
30,888
-
Gift in Kind- Hire of
facilities
11,855
-
Cleaner EV
21,000
-
Fairfield Social & Leisure
club
66,546
-
Other
3,712
-
163,923
-|**Total**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
163,923
88,112
1,250
204,135
-
91,480
368,058
88,112
92,730
622
136
-
2,090
-
-
-
10,000
-
7,450
2,529
-
16,760
663
1,250
3,000
3,000
-
30,888
49,680
-
11,855
5,693
-
21,000
-
-
66,546
-
-
3,712
16,411
-
163,923
88,112
1,250|**Total**
**2024**
**£**
89,362
91,480|
|---|---|---|
|||180,842|
|||136
-
10,000
2,529
1,913
3,000
49,680
5,693
-
-
16,411|
|||89,362|
- 11 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
|**3**
**Income from donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Grants**
Foundation Scotland
-
23,000
Mental Health &
Wellbeing
-
6,750
The Robertson Trust
-
20,000
Community Innvoation
Fund
-
4,360
Young Start Grant
-
27,000
Food Larder
-
1,000
DCC- Studio floor
-
-
DCC- Fresh food
-
2,750
DCC-Winter grant
-
1,500
Dundee Bairns
-
-
Other
-
117,775
-
204,135
**4**
**Income from charitable activities**
**Trading income**
Sale of goods
**5**
**Other income**
Other income|**(Continued)**
**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
23,000
-
7,500
7,500
6,750
-
7,480
7,480
20,000
-
20,000
20,000
4,360
-
3,000
3,000
27,000
-
27,000
27,000
1,000
-
10,000
10,000
-
-
7,500
7,500
2,750
-
3,500
3,500
1,500
-
3,500
3,500
-
-
2,000
2,000
117,775
-
-
-
204,135
-
91,480
91,480
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
19,479
19,494
**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
100
81|
|---|---|
- 12 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **6 Expenditure on charitable activities**
|||**Charitable**|**Charitable**|
|---|---|---|---|
|||**activities**|**activities**|
|||**2025**|**2024**|
|||**£**|**£**|
||**Direct costs**|||
||Staff costs|80,324|85,366|
||Depreciation and impairment|19,908|12,811|
||Purchases|47,564|31,450|
||Repairs & maintenance|37,772|20,370|
||Property costs|30,028|970|
||Office costs|20,653|9,247|
||Professional fees|24,064|10,320|
||Subscriptions|992|941|
||Volunteer expenses|1,338|299|
||Motor expenses|3,037|5,526|
||Customer Entertaining|318|335|
||Accountancy|1,788|474|
||Fundraising fees|14,000|11,750|
|||281,786|189,859|
||**Share of support and governance costs (see note 7)**|||
||Governance|3,780|3,300|
|||285,566|193,159|
||**Analysis by fund**|||
||Unrestricted funds|172,744|45,890|
||Restricted funds|112,822|147,269|
|||285,566|193,159|
|**7**|**Support costs allocated to activities**|||
|||**2025**|**2024**|
|||**£**|**£**|
||Governance costs|3,780|3,300|
||**Analysed between:**|||
||Charitable activities|3,780|3,300|
|||**2025**|**2024**|
||**Governance costs comprise:**|**£**|**£**|
||Independent examination|3,780|3,300|
|||3,780|3,300|
- 13 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
|**8**|**Net movement in funds**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|3,780|3,300|
||Depreciation of owned tangible fixed assets|19,908|12,811|
||Loss on disposal of tangible fixed assets|3,200|-|
## **9 Trustees**
None of the other trustees received any remuneration or benefits from the Company during the year, and no trustees were paid expenses. In 2023 a loan was advanced from a trustee to cover initial costs and this loan has continued to be repaid during the year. Further details of this can be found at note 24.
## **10 Employees**
The average monthly number of employees during the year was:
||**2025**|**2024**|
|---|---|---|
||**Number**|**Number**|
||5|5|
|**Employment costs**|**2025**|**2024**|
||**£**|**£**|
|Wages and salaries|79,259|84,455|
|Other pension costs|1,065|911|
||80,324|85,366|
There were no employees whose annual remuneration was more than £60,000.
## **11 Other expenditure**
||**Restricted**|**Restricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Net loss on disposal of tangible fixed assets|3,200|-|
- 14 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **12 Gains and losses on investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
|Gains/(losses) arising on:|**£**|**£**|
|Sale of investments|(100)|-|
## **13 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **14 Tangible fixed assets**
|**Equipment**
**£**
**Cost**
At 1 June 2024
108,162
Additions
106,564
Disposals
-
At 31 May 2025
214,726
**Depreciation and impairment**
At 1 June 2024
70,188
Depreciation charged in the year
19,908
Eliminated in respect of disposals
-
At 31 May 2025
90,096
**Carrying amount**
At 31 May 2025
124,630
At 31 May 2024
37,974|**Motor**
**vehicles**
**£**
6,400
-
(6,400)
-
2,950
-
(2,950)
-
-
3,450|**Total**
**£**
114,562
106,564
(6,400)
214,726
73,138
19,908
(2,950)
90,096
124,630
41,424|
|---|---|---|
- 15 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **15 Fixed asset investments**
|**Cost or valuation**
At 1 June 2024
Disposals
At 31 May 2025
**Carrying amount**
At 31 May 2025
At 31 May 2024
Other investments comprise:
**Notes**
Investments in subsidiaries
**25**
**16**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Amounts owed by subsidiary undertakings
Other debtors
Prepayments and accrued income
**17**
**Creditors: amounts falling due within one year**
Borrowings
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income|**Other**
**investments**
**£**
200
(100)
100
100
200
**2025**
**2024**
**£**
**£**
100
200
**2025**
**2024**
**£**
**£**
100
-
24,898
75,822
1,398
298
1,864
2,581
28,260
78,701
**2025**
**2024**
**£**
**£**
9,563
8,998
2,342
6,473
1,933
3,059
1,419
3,918
3,780
3,300
19,037
25,748|
|---|---|
- 16 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
|**18**
**Creditors: amounts falling due after more than one year**
Borrowings
**19**
**Loans and overdrafts**
Other loans
Payable within one year
Payable after one year
**20**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2025**
**2024**
**£**
**£**
5,004
14,567
**2025**
**2024**
**£**
**£**
14,567
23,565
9,563
8,998
5,004
14,567
**2025**
**2024**
**£**
**£**
1,065
911|
|---|---|
The Company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.
- 17 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **21 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At 1 June**|**Incoming**|**Resources**|**Transfers**|**At 31 May**|
|---|---|---|---|---|---|
||**2024**|**resources**|**expended**||**2025**|
||**Restated**|||||
||**£**|**£**|**£**|**£**|**£**|
|3G Pitch|17,010|-|(9,585)|-|7,425|
|DM Thomas Foundation|7,050|-|(3,200)|(3,850)|-|
|Food Larder|5,355|1,000|(6,355)|-|-|
|Kickstart/Young start|-|27,000|(27,000)|-|-|
|Community Health and||||||
|Wellbeing|6,216|6,750|(3,149)|-|9,817|
|Other|-|14,212|(5,789)|-|8,423|
|DCC Fresh Food Support|-|2,750|(2,750)|-|-|
|DCC Winter grant|-|1,500|(1,500)|-|-|
|Foundation Scotland|-|23,000|(17,235)|-|5,765|
|The Robertson Trust|9,680|20,000|(14,763)|-|14,917|
|Nourish the Nation|-|10,000|(8,350)|-|1,650|
|Community Fund|-|20,000|(6,500)|-|13,500|
|Cares solar project|-|77,923|(9,846)|-|68,077|
||45,311|204,135|(116,022)|(3,850)|129,574|
- 18 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
|**21**|**Restricted funds**|||||**(Continued)**|
|---|---|---|---|---|---|---|
||**Previous year:**|**At 1 June**|**Incoming**|**Resources**|**Transfers**|**At 31 May**|
|||**2023**|**resources**|**expended**||**2024**|
||||**Restated**|**Restated**||**Restated**|
|||**£**|**£**|**£**|**£**|**£**|
|||-|-|1|-|1|
||3G Pitch|28,390|-|(11,380)|-|17,010|
||DM Thomas Foundation|8,200|-|(1,150)|-|7,050|
||Food Larder|32,264|10,000|(36,909)|-|5,355|
||Friday Night Project|3,917|-|(3,917)|-|-|
||Kickstart/Young start|10,380|27,000|(37,380)|-|-|
||Summer Camps|7,676|-|(7,676)|-|-|
||Community Health and||||||
||Wellbeing|6,454|8,230|(8,468)|-|6,216|
||Other|2,570|-|(2,570)|-|-|
||DCC Fresh Food Support|-|2,750|(2,750)|-|-|
||DCC Winter grant|-|3,500|(3,500)|-|-|
||Foundation Scotland|-|7,500|(7,500)|-|-|
||Easter Fund girls football|-|750|(750)|-|-|
||The Robertson Trust|-|20,000|(10,320)|-|9,680|
||Studio Floor|-|10,500|(10,500)|-|-|
||Dundee Bairns|-|2,000|(2,000)|-|-|
||Allergy Grant|-|500|(500)|-|-|
|||99,851|92,730|147,269|-|45,312|
- 19 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **21 Restricted funds**
## **(Continued)**
## **Purpose of funds**
Allergy Grant 2023/2024- To buy foods which are allergy friendly
Community Mental Health & Wellbeing 2024/2025- Grants received for walk and talk football and craft and chat group
DCC Fresh Food Support 2023-2024 - to purchase fresh fruit and veg for food larder customers
Easter Fund Girls Football 2024 - to run a free Easter football camp
Food larder- donations received towards the operation of the food larder
Foundation Scotland (Volant Fund) F/L Wage - To fund salary of Food Larder Manager
The Robertsons Trust (Finance & Admin officer match fund for 6 Months) To fund salary of Finance & Admin officer.
Winter Grant 2024/2025 DCC- To fund food vouchers and purchase food for the food larder.
Young Start- grants towards salaries and other costs of extracurricular sessions for young children
Nourish the Nation- To fund free camps for children during school holidays.
Community Fund- To fund project manager wages.
Cares solar project- grant towards the improvement of energy systems and installation of solar panels.
Dundee Bairns food for summer camps
3G Pitch - for costs associated with 3G pitch
Summer camps- grants received for the coaching of football to younger children
Studio Floor- To fund repairs of the studio floor.
DM Thomas Foundation - for the purchase of a wheelchair minibus
Friday night project- costs associated with sewing and makeup classes for girls
Other- grants and donations received towards wellbeing, computer costs, girls football, pram walking group, innostitch heaters, defibrilator, Easter camp, and fairfield makeover.
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **21 Restricted funds**
## **(Continued)**
## **22 Analysis of net assets between funds**
|**Unrestricted**
**funds**
**2025**
**Restricted**
**funds**
**2025**
**At 31 May 2025:**
**£**
**£**
Tangible assets
7,193
117,437
Investments
100
-
Current assets/(liabilities)
81,511
12,137
Long term liabilities
(5,004)
-
83,800
129,574
**Unrestricted**
**funds**
**2024**
**Restricted**
**funds**
**2024**
**At 31 May 2024:**
**£**
**£**
Tangible assets
3,836
37,588
Investments
200
-
Current assets/(liabilities)
79,822
7,724
Long term liabilities
(14,567)
-
69,291
45,312|**Total**
**2025**
**£**
124,630
100
93,648
(5,004)
213,374
**Total**
**2024**
**£**
41,424
200
87,546
(14,567)
114,603|
|---|---|
## **23 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1 June**|**Incoming**|**Resources**|**Transfers**|**Gains and**|**At 31 May**|
|---|---|---|---|---|---|---|
||**2024**|**resources**|**expended**||**losses**|**2025**|
||**Restated**||||||
||**£**|**£**|**£**|**£**|**£**|**£**|
|General funds|69,292|183,502|(172,744)|3,850|(100)|83,800|
|**Previous year:**|**At 1 June**|**Incoming**|**Resources**|**Transfers**|**Gains and**|**At 31 May**|
||**2023**|**resources**|**expended**||**losses**|**2024**|
|||**Restated**|**Restated**|||**Restated**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|General funds|7,494|107,687|(45,890)|-|-|69,291|
- 21 -
## **FAIRFIELD COMMUNITY SPORTS HUB SCIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MAY 2025**_
## **24 Related party transactions**
## **Transactions with related parties**
During the year the Company entered into the following transactions with related parties:
Included in other creditors was a loan due to be repaid to a trustee, . This loan was initially advanced to the charity for initial set up costs. At the year end the total amount due to be repaid to was £0 (2024 - £3,711). The loan is interest free and repayable on demand.
## **25 Subsidiaries**
These financial statements are separate Company financial statements for 2024
Details of the Company's subsidiaries at 31 May 2025 are as follows:
|**Name of undertaking**|**Registered**|**Nature of business**|**Class of**|**% Held**|
|---|---|---|---|---|
||**office**||**shares held**|**Direct Indirect**|
|Fairfield Community Hub|Drumgeith Road, Operation of sports activities||Ordinary|100.00|
|Limited|Dundee, United|
and facilities|||
||Kingdom, DD4||||
||0JX||||
- 22 -