Charity registration number SC044922 (Scotland) Company registration number CS001489 (Scotland)
BONNYTON THISTLE FOOTBALL CLUB
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
BONNYTON THISTLE FOOTBALL CLUB LEGAL AND ADMINISTRATIVE INFORMATION Trustees Charity number (Scotlandl SC044922 Company number GSOO1489 Registered offi¢e D8 Bookkeeping Services Trinity Business Spaces Office G3 18 East Shawslreot Kilmarnock KA14AN Independgnt examinar
BONNYTON THISTLE FOOTBALL CLUB CONTENTS Pag¢ Twstee5' report Statement oftwstees. respsIbIlItI9$ Independent examinerts report ststement tsf fsn2ncial actThiitses Balance sheet Notesto the finaneial slatemonts 7-14
BONNYTON THISTLE FOOTBALL CLUB TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2024 Th8 Iruslees present their annual report and financial statement5 forthe yearended 30 Jun8 2024. The financial statements have b8&n prepared in a¢¢ordante with the accounting policiès s&l out in note 1 lo the financSal statemellls and cornply with the charitys gov8Ming documenl, the Charities and Trustee In¥eslm8nt Iscotlandl Act2005, the Charities Accounts (Scotlandl Regulations 2006 las amendeoll and 'Accounling and Reporting by Gh8rities'. Statement of Recommended Practic8 applicable io ¢haritie5 preparing their accounts in 3¢¢ordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 135 amended for accounting periods ¢ommencing from 1 January 20161 ObjÈctive5 and a¢tlvltle5 Thechaniable purpose5 and activities of Bonnyton Thistle Footb811 Club are as follows". to include cotnmunilies and providejudgemenl fre8 pathways, and provide positive plattomis for community inclusion at all levels of the Club's Inleraelion5. lo conllnue to encourage and recruit from the wdgr cotnmunity, coaches. paiicipants. players and supporters from across the wide spectrurn ol the Club's Snvolvements. To provide educational, and SFA approved coaching opportunibe$, to further 8nhan¢e and enri¢h a posllive group. team experien at all levels. To reach out the community to further encourage local invofv&ments with 1 teams and prq8els in-place and planned. To support and enhance facilities and experiences for the disability and special needs team8, operating under the positive urnbre11a of the"Club" Achlovement$ and performance This past year has been diffi¢ult. We have risen fo the challeng8 of re*establishing Ihe Club post-Covid-19 resulting in all teams rebjming to play. Financially, wp are finding more and more familles struggling to tnake ends meel and wecontinue to 4$sist as required. 11 is heartening to see children upon returning to thè Club being given the opportunity to train and play football and the positive effect on their health and wellbelng bolh mental and physical. Our contTrnuing aims throughout this time centre on communication. revising and consolidating future goals, and maklng sure that no team, group or individual suff8rs unnec8S5arily because of the circumstances. Membership is, how8ver. returning to pre-Covid.19 levels and we are finding thal rnore Coaches and parents are r8luming, al all ag9-group levels. to assist. A posilve Ind88d. We have, during this lime, strengthened our relationships Mth various other groups and agencies, EastAyrshlre Council's Vibrant Communitie$ Deparlm8nl, the Scottish Football Assoaation and two local Special Need5 sch[5. We are planning 8 aY forward,. in an inclusive and comprehenssve manner, that will be ClukAed and manag8d. Mernbership is thriving and the Iruslees ensure, through regular meetings and inter clubltearn comrnunications, that n88d5 are identified and that plan5 and projects receive the support quIred. We have furthered our relationship with Kilmarnock F.C. Cornmunily Trust, who arè now invofved helping to coach the Flyer5 lour disability team) and have helped us to Set UP Dver-50s walking football. In addition, we continue, in conjunctSors with, Evolution Gym to ooanise outdwjr and Indoor sports sciènce sessions and pUue our partnership wth Back Onside, a rnentsl healÈh charity to support vulnerable people. We still mgSntsin a Welfare fund. and maintain a progressive relationship with a local foodbank. We remain hopeful. In fulure. io develop this relationship and may well, lunds allowing, be able to es18blSsh a breakfast club lor needy children. Although it ha5 b8en a difficult Vme, 8t all lovels, and for all peopl8, Bonnyton Thistle plon consolidation and anticipate a prog$S1V8 and incluswe iornorrow.
BONNYTON THISTLE FQOTBALL CLUB TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Financial review Rec81pls on the unrestiicted fund were £122.04912023.. £70.0951. Paymgnis for th8 year were £110.716 12023.. £72,684). R8celpls on the restricted fvnd w8r& £012023.. E8,0(M)l. consisting ol grant fundlng as de1811ed in the principal funding 80urces below. Payrnenls for the year were £110,71612023.. £109,3681, consisting of the depreciation charge relating to capital expenditu from previous years. Our main source of funding a grants and membership fees. The source of grant funds w05 East Ayrshlre Council. The Iwstees have assessed the major dsks to which the ch8rity is exposed and In particular those relating to the operation and finances of the charity and are satisfied that systems are in place to mitigate tho charity's exposur8 to any Major risk. Structure, governance and management The charity was granted charitable $tuS by OSCR on 14 June 2014. The charity is governed by its Constitution which wa$ adopted on on 14 June 2014. The truste6s, who a also the directors for the purpose of company law, and who served dunng the ye8r and up to the date of signature ot the financial staternents were.. The members may elect any rnemberlo be a member ofthe managemenl cotnrnilte8 at each Annual General Meeting. The management committee may at any lime appoint any mernber to be a member of the man8gement committee. The maximum number of fflemb9rs ofthe management committee at any one tiTne 15 5. The management ¢ommitle8 ar8 the charitls Irusleès. All Members of the management cornmittee a actively involv8d in the day-to4ay activthe5 ofthe charity, hold gUlar meetlngs and generally control and supervise the activities of the associath'on, and are responsible for monitoring the financial p051tion ol the association. The trusteos. report was approved by ilio Board of Trustees. Trustee Dated..
BONNYTON THISTLE FOOTBALL CLUB STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 30 JUNE 2024 The trustees, who are also the dir8Ctors ol Bonnylon Thi511e Football Club for the purpose of company law, are responsible lor pr8paring the Trustees, Report and the Ilnancial stalemonls in accordan¢8 wilh applicable law and United Kingdotn Accounting Siandards (United Klngdom Generally Accepted AUntIng Practice). Company Law requires lfve Iruslees lo prepare finan¢i81 statements for each financial year which 9ive a tru8 and fair view of the state of affairs of th8 charity and ol the incomlng rgsourc8s and application ol SoUrCes, Including the income and expenditure, ol th8 charitable company lor that year. In preparing these finznoal slatem8nt5, the Iruslee$ are requirgd to.. select suitabl8 accounting policies and Ihen apply thern consistently,. observ8 the methods and piinriple5 in the Charities SORP.. make judgèments and estim8les that a aSOnable and prudent., slate whelher applicable UK Accounting Standards have bgen followed. subject io any malerial departures disclosed and explained in the financial stai8rn8nts'. and prepare the finan¢i81 sta18ffl8nts on th& going consem basis unles$ rt is inappropriate io Psume Ihal the charity will continue in operation. The trustees are responsible for keeping adequat8 accounting records that disclose with reasonable accuracy at any time thg financial position of the charity and enable them to ensurg that the financial statements comply urith the Charities and Trust8e Inveslm8nl IS¢otlandl Act 2005, the Charities Accounts Iscotlandl Regulatlons 2006 las amended) and th6 cOpanIeS Act 2006. They are also responsible for safeguarding th? ass8ts of the charity and hence for taking rea50n8blè steps for th8 prevention and tjetection of fraud and other irregularities.
BONNYTON THISTLE FOOTBALL CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BONNYTON THISTLE FOOTBALL CLUB
I report on the financial statements of the charity for the year ended 30 June 2024, which are set out on pages 5 to .
Respective responsibilities of trustees and examiner
The charity's trustees, who are also the directors of Bonnyton Thistle Football Club for the purposes of company law, are fo responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee ta Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees consider that the ari audit requirement of Regulation 10(1 )(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1 )(c) of the Act 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 2006 Accounts Regulations. 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 seeks 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 I do not express an audit opinion on the view given by the financial statements.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
(i) to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations[; ] and
(ii) to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations[;]
have not been met or
(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
DB Bookkeeping Services Trinity Business Spaces Office G3
18 East Shaw Street Kilmarnock KA14AN
Dated: ..20/03/2025.....
4
BONNYTON THISTLE FOOTBALL CLUB STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Llnrestrlcted Restricted fund$ fitnds 2024 2024 Total Unrestrfeted Y Re$trlcted funds fund$ 2023 2023 Total 2024 2023 Notes Income from.. Government grants Ch8ritablg actpiities 35.247 86,802 35,247 70,757 7.338 62.757 8,000 70,757 Total income 122,049 122,049 70,095 8,000 78,095 endlture on: charitab activities 110,716 110,716 72,684 36,684 109,368 Net outgoing resourc88 beforo transfers 11.333 11.333 12.5891 128,6841 131.2731 Grosstran5f8rs between funds 8,000 18.0001 Nel incomellexpenditurel forth* yearlmovement 11.333 11.333 5,411 136,6841 131,2731 Fund balances at 1 July 2023 37,289 528, 566,249 31,876 565,644 597.$22 Fund balance$ at 30 June 2024 48,622 528.960 577,582 37,289 528.960 S66.249 The 5taternentof fiNanGial a¢livilies includes all gains and losse5 recognised in the yèar. All income and exp8ndilure derive from continuing activiti8S. The statement of finanoal activil'es aL80 complies with ihe requirements for an incorne and expenditure a¢¢ount under the Companies Act 2006.
BONNYfoN THISTLE FOOTBALL CLUB BALANCE SHEET AS AT 30 JUNE 2024 2023 2024 Notes Fixed a$$ets Tangib assets 545,018 503,018 Current assots Debtors Cash at bank 8nd in hand 2,472 31,107 84.440 33,579 84.440 Creditors.. amounts falling duèwithin one year 112,3481 19,8761 Nel currenÈ assets 21,231 74,564 Total asset$ less current Ilabllities 568,249 577,582 Income funds Restricted funds Unreslricled funds 10 528.960 37,289 528,960 48.622 566,249 577,582 The company is 8ntilled lo thè exemption from th8 audit requirement Contained in section 477 01 the Companies Act 2006, for the year ended 30 June 2024. The directors acknowledge their responsibilities for complying with Ihe requirements olthe Companies Act 2008 with respect to aceounting records and the preparatson of financial Statements. The rnembers have not required the company to obtain an audit of its financial 3talement5 for thè year in question in accordartce wSlh section 476. These financial slalemenis have been prepared In accordance with the provi510n5 8ppllcable to Companiès 5ubje¢t to the 5rnall companies gime. Thefinancial st8le lee5 On....... rus Company registratlon numb•r CSOO1489
BONNYTON THISTLE FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies Charlty informatlo Bonnyton Thistle Football Club is a private company limited by guarantee incorporated in Scolland. The registered office I 1.1 A¢counting ¢onvention The financial statements hsve been prepared in accordance with the charills constitution. tha Charities alld Truste8 Investment Iscollandl Act 2005. the Charitl8s Accounts Iscollandl Regulations 2006 las amended) and"Accounling and R8POrting by Charilles". Slalement of Recomrnended Practice applicable 10 charitie5 preparing their accounls in a¢cordance with the Finan¢ial Reporting Standard 3pplicabl8 iri the UK and Republic of Iland IFRS 1D21" las amended for ac ounting periods cornmencing from 1 Jonuary 20161. Th8 charity is a Public 8enefit Entity as defined byFRS1 2. The finanGial stalem8nts are prepared in sterling. which is the funcuonal curiency of th8 charity. Monetary amounts in Ih85e financial statements are iounded to the nearest £. The finanual ststerneN15 have been pr&pared underthe hislorical c05t Convention, Imodified to in¢lude the revaluation olfreehold properties and to Include investment properties and certain financial in5twments at fairvaluel. The principal accounting policies adopted are set out below. 1.2 Charitabl¢ funds Unrestricted funds 8Te available for use at the discretion of the trustees in furtherance of their charitable objective5. Restrict8d lunds are subject 10 5pecifi¢ condition5 by donors as to howthey may be u$8d. The purp0585 and uses of the restricted funds A set out in the notes to the financial staternenls. Endowment funds ar8 subject lo specific condibons by donors th21 the capital must be maintained by the charity. 1.3 Income Income is re¢ognised when the ¢harity is legally antilled to it after any perforrnarice Condth'ons have been met, the aTnount8 can be measured reliabty. and it is probable that income will be ceiVed. Cash donations are recognised on receipt. Other donalioDS are recognised once the charity has been notified of the donation. unl8S5 performance conditions requi def8rral of the arnounl. Incx>Tne lax recov8rable in relation to donations received under Gift Aid or deeds of Covenant is cOgnISEd al the lime of the donation. 1,4 expenditure Liabilities are re¢ognised as expenditure a5 500n as there Is a1egal or constructive obligation committtng the challty to that expenditure, it is probable Ih8t a transfer of economi¢ ban8fit5 11 be r8quired In sett18ment and the amounl of the obligation can be rn8asured reli8bty. Expenditur8 is accDunted for on an accruals basis and has been classified under headings that aggreggte all cost related to that cat89ory. whe costs cannot b& direcUy attributed to particular headings Ihey have been allocated to activities on a basis consistent with the use of re80urces.
BONNYTON THISTLE FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accountlng poll¢ies Iconlnuedl 1.5 Tangible flxed a55Èts Tangible fixed assets ale Initially mea5urad al ctsst and subsequ8nlly measured at cost or valuation, net of depreciatiDn and any impairment1055es. Depreciation is recognised so as to write Liff the cost or valuation of asset5 less their Tesidual values overtheir useful lives on the following bases.. Football fa¢illies Equipment Plant and machinary 20 years 51raight-line 20°k redudng balance 5 years straight4ine The galn or loss arising on the disposal of an a55el is determined 35 the difference between the sale procÈeds and the carwng value of the 8sset, and 1$ recognised in the Statement of financial activities. Baslellnancialliabilities Basic fin8nci?I liabilities, including cdrtOrS and bank loans ar8 initlalty r8cognised at transadion price unless the arrangernent ¢onslilut85 a financing transaction, wher& the debt inslwrnent is measured at the present value of the future payrnenls diseounled at a market rate of intorest. Financial liabilities dassified as payable within one ar are not amort15ed. Debt instruments ar6 subsequentlycanied at amortised cost, Using the effèctive Inte5(rate method. Trade creditors 8re obligations to pay for goods or servi$ thal have been acqulred in Ihe ordinary course of operations from suppllers. Amounts payable are cla$5il18d as cuirenl liabilith.es if payment is due wthin on8 year or less. If not, they are presented a5 non-curr8nt liabilities. Trade creditors are re¢ogni58d initsally at transaction pri¢e an(J subsequently ffl9asur&d at amortised cost Using the effective inleresl melh(NJ. DFreco9nltion oifinanolalllèbilities Financial liabilities a d8recognised whon thè chanws contractual obligation5 8xpire or are discharged or canceld. Income VJ¥restrlc¢eil Unrestricted funds ftrnds 2023 2024 GDvernment Grants 7,338 35,247
BONNYfoN THISTLE FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Charitable activlties 2023 2024 Fees and facility hire Granls 82,757 86,802 Analysis by fijnd Unr85tricted funds Reslri¢ted fvmds 62,757 86,802 Perforrnancg related grants Robertson Trust
BONNYfoN THISTLE FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Charltable activltles 2023 2024 Depreciation and impairment Rent Rates and water Insurance Light and heat Membership fees Independent examiners fee5 Hospitality and entertainment Repairs and rnaintenan¢e Cleaning Team expenses Sundry expen$6S Telephone Professional Fees Bank Charges Subscriptions 41,975 201 1,801 4.348 2.565 978 3,800 3,000 25.364 1,477 23,362 42,000 5,648 4,979 3,600 650 25,424 1305 14.862 5,424 524 6,000 25 275 468 109,368 110,716 Analy$ls by fund Unre51ricted funds Re5trEied funds 72.684 36.684 109,368 Unrestricted funds 110,71e Net movement In funds 2023 2024 Net movement in funds is stat8d after charging DeprerAatlon of owned tangible fixed assets 41,975 42,000 41,975 42,000 Employees The average monthly nurnb8r of employ8es during the year was.. 2023 Number 2024 Number Tolal 10
BONNYTQN THISTLE FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Tangible fixed assets Footbal Equlpment faclllie Plant and machiner Total Cost At 1 July 20 Addon$ 733,682 24.112 17,376 775.170 At 30 June 2024 733,682 24,112 17,376 775.170 Depreclatlon and impalnnent At 1 July 2023 Depreciation charged in th& year 204,822 36,684 14,905 1,841 10,425 3,475 230,152 42,000 At 30 June 2024 241,506 16,746 13.900 272,152 ¢airying amount At 30 June 2024 492,176 7.366 3.476 503,018 At 30 June 2023 528,860 9,207 6,951 545.018 D?btor5 2023 2024 Amounts falling duewlthln one year.. Prppayments and accrued InMe 2,472 Credltor5- amounts falling due wlthln one ytar 2023 2024 other ¢dItorS 12,348 9,876 11
BONNYfoN THISTLE FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 30 JUNE 2024 11 Analysls of n¢lassets bolween funds Unre8tricted 2024 Restd¢ted 2024 Total 2024 Total 2023 Fund balance5 al 30 June 2024 a pres8t&d by. Taryible assets 48,622 528.960 577.582 566.249 12 R•l2ted party tran5a¢tlons There were no disclosable related partytransadions during the y6ar12022- none). 13 Analysls of Changes in net funds The charity had no debt during th8 year. 13
JNNYTON THISTLE FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 14. Prioryearstatement of financial activltSes Unrestdcted Restricted funds funds Total Unr8slrl Restricted cted fulld5 funds 2022 Total 2023 2023 2023 2022 2022 Income from: Covernmenl grants Charitable aclivities 7.338 62.757 7,338 70.757 17.228 59.287 17,228 67,267 8,000 8,000 Total Income 70.095 a,0] 78.095 76,495 8,000 84.495 ure charitab aclivilie5 72,684 36,684 109,368 73,438 36,289 109.727 Netin¢ominglloutgoingl resoure•s before transfer5 12,5891 128,6841 131.2731 130571 128.2891 125.2321 Gross transfers belween funds 45 1921 N8tlexpendiiurellincome for the yoarl Net movement in lunds 5.411 136,6841 131,2731 42.135 16,903 125,2321 Funds balanc8s at1 July 2022 31,878 565,644 597,522 74.013 548.741 822.754 Fund balances at30 June 2023 37,289 528,960 566.249 31,878 565.644 597,S22 14