REGISTERED CHARITY NUMBER: SC045921
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2025
for
Ellon and District Sports Development Trust (SCIO)
JM Taylor Accountants Limited 7 Ythan Terrace Ellon Aberdeenshire AB41 9LJ
Ellon and District Sports Development Trust (SCIO)
Contents of the Financial Statements for the Year Ended 31 July 2025
==> picture [316 x 149] intentionally omitted <==
----- Start of picture text -----
Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to ll
Detailed Statement of Financial Activities 12 to 13
----- End of picture text -----
Ellon and District Sports Development Trust (SCIO)
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 Ellon and District Sports Development Trust (EDSDT) continues to advance the public participation in sport and provides and organises recreational facilities to the residents of Ellon and the surrounding area by maintaining, managing and administering the Meadows Sports Centre.
ACHIEVEMENTS AND PERFORMANCE
The artificial pitch was replaced with a new 3G surface, which was completed to the highest standard. We also completed the irrigation system, providing many outdoor spaces and dramatically reducing water costs. After successfully completing these major projects, we were committed to continuing our prioritised repair and improvement of all facilities. The staff team also developed skills and knowledge to fulfil their duties and further improve the safe and successful running of the Meadows.
FINANCIAL REVIEW
Financial position
As at the year-end date the combined cash & bank balances are £180,335 (2024 £189,491)
While we carried forward a significant uplift in funds, this was mainly due to the timing of the grant receipts before being paid.
Principal funding sources
Income from the utilisation of our facilities as consent continued to grow. We are grateful to have successfully obtained grants to support many of the larger projects, including Land Trust funding, Kinmuck Energy Fund and SFA.
Reserves policy
The reserves are reviewed bi-monthly at the Trustees meetings.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
As per our constitution, anyone may become a Trustee (apart from those 'disqualified'), and they may also be nominated from the various 'Trust Clubs' (1 x nomination each per club, except Ellon Rugby who may have 2 x nominations). In addition we try to bring in independent trustees who may bring particular skills/ expertise/ experience/ diversity. Maximum 12 x trustees, minimum4 x trustees, appointments approved at meetings.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number SC045921
Principal address The Meadows Sports Centre The Meadows
Ellon Aberdeenshire AB41 9QJ
Page 1
Ellon and District Sports Development Trust (SCIO
Report of the Trustees for the Year Ended 31 July 2025
Trustees I Birnie (appointed 1.8.24) I Morris
A Bridgeford
A MacDonald
P Vavangas
D Hawthorn S Callander N Topping
Independent Examiner Ruth Howie CA JM Taylor Accountants Limited 7 Ythan Terrace Ellon Aberdeenshire AB41 9LJ
Approved by order ofthe board of trustees on 28 April 2026 and signed on its behalf by:
ey a N Topping - Trustee
Page 2
Independent Examiner's Report to the Trustees of Ellon and District Sports Development Trust (SCIO)
I report on the accounts for the year ended 31 July 2025 set out on pages four to ten.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 accounts.
Independent examiner's statement
In connection with 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 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and :
-
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
-
have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. .
Ruth Howie CA
The Institute of Chartered Accountants of Scotland
JM Taylor Accountants Limited
7 Ythan Terrace Ellon Aberdeenshire AB41 9LJ Date: 23/04 | 2...
Page 3
Ellon and District Sports Development Trust (SCIO)
Statement of Financial Activities
for the Year Ended 31 July 2025
==> picture [495 x 443] intentionally omitted <==
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|31:7.25|31.7.24|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Income|368,114|-|368,114|309,109|
|Other|income|2|1,350|-|1,350|410,163|
|Investment income|3|4,196|-|4,196|-|
|Total|373,660|-|373,660|719,272|
|EXPENDITURE|ON|
|Charitable|activities|
|Staff costs|1,566|-|1,566|-|
|Depreciation|“|6,381|-|6,381|71,211|
|Club|operating expenses|274,032|-|274,032|188,842|
|Premises|costs|16,397|-|16,397|38,415|
|Gym operating costs|7,183|-|7,183|-|
|Postage and|stationery|-|-|-|2,750|
|Repairs|and renewals|73,417|-|73,417|43,842|
|Cleaning|4,948|-|4,948|4,506|
|Bank charges|358|-|358|1,263|
|Total|384,282|-|384,282|350,829|
|NET INCOME/(EXPENDITURE)|(10,622)|-|(10,622)|368,443|
|Transfers|between|funds|9|436,542|(436,542)|-|-|
|Net movement in funds|425,920|(436,542)|(10,622)|368,443|
|RECONCILIATION|OF FUNDS|
|Total|funds brought forward|249,868|436,542|686,410|317,967|
|TOTAL FUNDS CARRIED FORWARD|675,788|-|675,788|686,410|
----- End of picture text -----
The notes form part of these financial statements
Page 4
Ellon and District Sports Development Trust (SCIO)
Balance Sheet 31 July 2025
==> picture [478 x 369] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|31.7.25|31.7.24|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|&|E|£|£|
|FIXED ASSETS|
|Tangible|assets|6|495,968|-|495,968|510,642|
|CURRENT ASSETS|
|Debtors|7|12,611|-|12,611|11,088|
|Cash|at bank and|in hand|180,335|-|180,335|189,490|
|192,946|-|192,946|200,578|
|CREDITORS|
|Amounts|falling|due|within|one year|8|(13,126)|-|(13,126)|(24,810)|
|NET CURRENT ASSETS|179,820|-|179,820|175,768|
|TOTAL|ASSETS LESS CURRENT|
|LIABILITIES|675,788|-|675,788|686,410|
|NET ASSETS|675,788|-|675,788|686,410|
|FUNDS|9|
|Unrestricted|funds:|
|General|fund|675,788|249,868|
|Restricted|funds:|
|Restricted|fund|-|436,542|
|TOTAL FUNDS|675,788|686,410|
----- End of picture text -----
The financial statements were approved by the Board of Trustees and authorised for issue on 28 April 2026 and were signed on its behalf by:
==> picture [138 x 49] intentionally omitted <==
----- Start of picture text -----
WS FT
N Topping - Trustee
----- End of picture text -----
The notes form part of these financial statements
Page 5
Ellon and District Sports Development Trust (SCIO)
Notes to the Financial Statements for the Year Ended 31 July 2025
- 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 and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Financial Activities once the charity has entitlement to the funds, it is probable that the the income will be will be be received and the the amount can be measured can be measured be measured 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.
All income is recognised in the Statement of Financial Financial Activities once the charity has entitlement to the funds, it is probable that the the income will be will be be received and the the amount can be measured can be measured be measured measured reliably.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
==> picture [264 x 57] intentionally omitted <==
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Improvements|to|property|-|10% oncost|
|Plant and machinery|-|25% on reducing balance|
|Fixtures|and|fittings|-|15%|on reducing|balance|
|Sports|equipment|-|25% on reducing|balance|
|Computer equipment|-|25%|on|cost|
----- End of picture text -----
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.
There are no restricted funds as at 31st July 2025.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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.
continued...
Page 6
Ellon and District Sports Development Trust (SCIO)
Notes to the Financial Statements - continued
for the Year Ended 31 July 2025
1. ACCOUNTING POLICIES - continued
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply the the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
- OTHER INCOME
==> picture [488 x 163] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|31.7.25|31.7.24|
|£|£|
|Grants|- unrestricted|1,350|1,000|
|Grants|-|restricted|-|406,073|
|Donations|received|-|3,000|
|Portacabin|hire|-|90|
|1,350|410,163|
|3.|INVESTMENT INCOME|
|31.7.25|31.7.24|
|£|£|
|Deposit account|interest|4,196|-|
----- End of picture text -----
4. 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.
Page 7
continued...
Ellon and District Sports Development Trust (SCIO
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
5. STAFF COSTS
| 5. | STAFF COSTSCOSTS | |||
|---|---|---|---|---|
| 317.25 | 31.7.24 | |||
| £ | £ | |||
| Wages and salaries | 171,819 | 153,454 | ||
| Social security costs | 7,183 | 8,208 | ||
| Otherpension costs | 358 | 9,484 | ||
| 179,360 | 171,146 | |||
| Theaveragemonthlynumberofemployees during theyearwas as follows: | ||||
| 31.7.25 | 31.7.24 | |||
| Management | 1 | 1 | ||
| Other | 9 | 9 | ||
| 10 | 10 | |||
| No employees received emoluments in excess of£60,000. | ||||
| 6. | TANGIBLE FIXED ASSETS | |||
| Improvements | Fixtures | |||
| to | Plant and | and | ||
| property | machinery | fittings | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 August2024 | 528,552 | 55,437 | 5,820 | |
| Additions . |
54,425 | 3,750 | - | |
| At31 July2025 | 582,977 | 59,187 | 5,820 | |
| DEPRECIATION | ||||
| At 1 August2024 | 72,755 | 32,980 | 3,619 | |
| Charge foryear | 58,298 | 6,552 | 386 | |
| At 31 July2025 | 131,053 | 39,532 | 4,005 | |
| NETBOOKVALUE | ||||
| At 31 July2025 | 451,924 | 19,655 | 1,815 | |
| At31July2024 | 455,797 | 22,457 | 2,201 |
Page 8
continued...
Ellon and District Sports Development Trust (SCIO)
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
- TANGIBLE FIXED ASSETS - continued
| TANGIBLE FIXED ASSETS - continued | |||
|---|---|---|---|
| Sports | Computer | ||
| equipment | equipment | Totals | |
| £ | £ | £ | |
| COST | |||
| At 1 August2024 | 68,267 | 979 | 659,055 |
| Additions | - | - | 58,175 |
| At31 July2025 | 68,267 | 979 | 717,230 |
| DEPRECIATION | |||
| At 1 August2024 | 38,345 | 714 | 148,413 |
| Charge foryear | 7,480 | 133 | 72,849 |
| At31 July2025 | 45,825 | 847 | 221,262 |
| NETBOOKVALUE | |||
| At31 July2025 | 22,442 | 132 | 495,968 |
| At31July2024 | 29,922 | 265 | 510,642 |
The building is owned by Aberdeenshire Council and forms part of the 99 year lease. The trust were, in fact, the original owners of the land and buildings, however, both were conveyed to the council prior to the lease being drawn up.
- DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.7.25 | 31.7.24 | ||
|---|---|---|---|
| £ | £ | ||
| Trade | debtors | 10,824 | 9,859 |
| Otherdebtors | debtors | 1,787 | 1,229 |
| 12,611 | 11,088 |
Page 9
continued...
Ellon and District Sports Development Trust (SCIO)
Notes to the Financial Statements - continued
for the Year Ended 31 July 2025
| 8. | CREDITORS:AMOUNTSFALLINGDUEWITHINONE | CREDITORS:AMOUNTSFALLINGDUEWITHINONE | ONEYEAR | YEAR | ||
|---|---|---|---|---|---|---|
| 315725 | 31.7.24 | |||||
| £ | £ | |||||
| Trade creditors | 4,460 | 10,346 | ||||
| Taxation and social security | 1,566 | 3,054 | ||||
| Other creditors | 7,100 | 11,410 | ||||
| 13,126 | 24,810 | |||||
| 9. | MOVEMENTINFUNDS | |||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At | 1.8.24 | infunds | funds | 31.7.25 | ||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 249,868 | (10,622) | 436,542 | 675,788 | ||
| Restricted funds | ||||||
| Restrictedfund | 436,542 | - | (436,542) | - | ||
| TOTALFUNDS | 686,410 | (10,622) | - | 675,788 | ||
| Netmovement in funds, included intheabove are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | infunds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 373,660 | (384,282) | (10,622) | |||
| TOTALFUNDS | 373,660 | (384,282) | (10,622) | |||
| Comparatives formovementinfunds | ||||||
| Net | ||||||
| movement | At | |||||
| At 1.8.23 | in funds | 31.7.24 | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 234,966 | 14,902 | 249,868 | |||
| Restricted funds | ||||||
| Restricted fund | 83,001 | 353,541 | 436,542 | |||
| TOTALFUNDS | 317,967 | 368,443 | 686,410 | |||
| Page10 | continued... |
Ellon and District Sports Development Trust (SCIO
Notes to the Financial Statements - continued for the Year Ended 31 July 2025
- MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
==> picture [458 x 128] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|313,199|(298,297)|14,902|
|Restricted|funds|
|Restricted|fund|406,073|(52,532)|353,541|
|TOTAL FUNDS|719,272|(350,829)|368,443|
----- End of picture text -----
- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2025.
- RESTRICTED FUNDS
In the prior year, the charity received restricted grants for specific capital projects, namely gym equipment, 3G pitch resurfacing, irrigation system installation, and paddock fencing. These funds were subject to donor-imposed conditions requiring that they be applied solely to the specified purposes.
All such funds were fully expended in the prior year in accordance with the restrictions attached, and the related projects were completed. The restrictions were therefore satisfied in full at that time.
Accordingly, there are no restricted fund balances brought forward or carried forward in respect of these projects in the current financial year
Page 11
Ellon and District Sports Development Trust (SCIO)
Detailed Statement of Financial Activities
for the Year Ended 31 July 2025
| Detailed Statement of FinancialFinancial Activities for the Year Endedthe Year EndedYear EndedEnded 31 July 20252025 |
||
|---|---|---|
| 31.725 | 31.7.24 | |
| £ | £ | |
| INCOMEANDENDOWMENTS | ||
| Income | ||
| Sportshall | 78,692 | 81,473 |
| Fitness suite | 100,336 | 77,073 |
| Fitness classes | 21,655 | 19,183 |
| Astroturf/3G | 95,669 | $7,703 |
| Field | 63,362 | 66,645 |
| Corporate income | 4,712 | 3:575 |
| Confectionary& drinks | 2,840 | 3,457 |
| Admissions | 848 | - |
| 368,114 | 309,109 | |
| Otherincome | ||
| Grants -unrestricted | 1,350 | 1,000 |
| Grants - restricted | - | 406,073 |
| Donationsreceived | - | 3,000 |
| Portacabin hire | - | 90 |
| 1,350 | 410,163 | |
| Investment income | ||
| Deposit account interest | 4,196 | - |
| Totalincoming resources | 373,660 | 719,272 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 171,819 | 153,454 |
| Fitness instructors | 7,183 | 8,208 |
| Bank& creditcardcharges | 358 | 2,284 |
| Operating exps -unrestricted | 45,951 | 6,419 |
| Utilities | 32,759 | 27,092 |
| Insurance | 11,763 | 10,290 |
| Computer expenses | - | 854 |
| Postage and stationery | 1555 | 2,750 |
| Fieldexpenses | - | 15,772 |
| Sundries | 2,437 | 1,999 |
| Repair&replace -machinery | 3,858 | 11,402 |
| Repair&replace -equipment | 10 | 3,231 |
| Propertyrepairs | 20,613 | 11,920 |
| Carriedforward | 298,306 | 255,675 |
This page does not form part of the statutory financial statements
Page 12
;
Ellon and District Sports Development Trust (SCIO)
Detailed Statement of Financial Activities for the Year Ended 31 July 2025
| Detailed Statement of Financialof FinancialFinancial Activities for the Year Endedthe Year EndedYear EndedEnded 31 July 20252025 |
||
|---|---|---|
| 31.7.25 | 31.7.24 | |
| E | £ | |
| Charitable activities | ||
| Brought forward | 298,306 | 255,675 |
| Propertyexpenses | 6,251 | 7,526 |
| Improvements to property | 58,298 | 52,855 |
| Plant&Machinery -Depn | 6,552 | 6,183 |
| Fixtures&Fittings -Depn | 385 | 444 |
| Sports equipment-depn | 7,480 | 10,023 |
| ComputerEquipment -Depn | 132 | 245 |
| Lossonsaleoftangible fixed assets | - | 1,461 |
| 377,404 | 334,412 | |
| . | ||
| Support costs | ||
| Other expenditure | ||
| Auditor fees | - | 7,200 |
| Independent examination | 1,800 | - |
| Accountancy | 5,073 | 3,660 |
| Thirdpartygrant costs | - | 5,548 |
| Interest on tax | 5 | 9 |
| 6,878 | 16,417 | |
| Total resourcesexpended | 384,282 | 350,829 |
| Net(expenditure)/income | (10,622) | 368,443 |
This page does not form part of the statutory financial statements
Page 13