2025-04-30-accounts

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Company No: SC531993 Scottish Charity No: SC046653

South West Fife Community Sports Partnership Limited Company limited by guarantee

Annual report & financial statements For the year ended

28 April 2025

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South West Fife Community Sports Partnership Limited

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Contents

	Page
Trustees’ and other information	1
Trustees’ annual report	2-4
Independent examiner's report	5
Statement of financial activities	6
Statement offinancial position	7-8
Notestothefinancialstatements	9-13

South West Fife Community Sports Partnership Limited

Trustees’ and other information

Directors
	Allan Foote-Chairperson
	Ewan Cameron
	Craig Nicol
	Steven Scott	(Appointed 21 October 2025)
	Alan Martin	(Resigned 5 October 2025)
	Nicola Dunster	(Resigned 22 December 2025)
	Lee-Ann O'Reilly	( Resigned 09 June 2024)
	Parry Paterson	( Resigned 03 October2024)
Charity number	SC046653
Company number	$C531993
Registered office	Fleet Grounds
	Pavilion
	Rosyth
	Fife
	KY11 2EF
Independent examiner	John Lynch LLB DipLP CA
	Torridon House
	Torridon Lane
	Rosyth
	Fife
	KY11 2EU
Bankers	Bank ofScotland plc
	PO Box 1000
	BX21LB

Page 1

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South West Fife Community Sports Partnership Limited

Trustees’ annual report Period ended 28 April 2025

The trustees (who are also the directors of the company for the purposes of company law) present their report together with the financial statements and the independent examiner's report for the year ended 28 April 2025.

Reference & Administrative Information

Charity and Company Name: South West Fife Community Sports Partnership Limited

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Charity Number: SC046653
Company Number: $C531993
Registered Office: Fleet Grounds Pavilion, Wilson way, Rosyth, Dunfermline, KY11 2EF
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The trustees who served the company during the period were as follows: Trustees:

Allan Foote-Chairperson

Ewan Cameron Craig Nicol Steven Scott - Appointed 21 October 2025 Alan Martin - Resigned 05 October 2025 Nicola Dunster -Resigned 22 December 2025 Lee-Ann O'Reilly - Resigned 09 June 2024 Barry Paterson - Resigned 03 October 2024

Structure, Governance & Management

South West Fife Community Sports Partnership Limited (the charity) is a charitable company limited by guarantee established in April 2016.

The charity is a membership organisation with:

• Full membership: Open to people who are aged 18 years or over who live in Rosyth, and the surrounding area, who support the aims and objectives of the charity. Full members have full voting rights.

Junior membership:

Open to people up to the age of 17 who live in Rosyth, and the surrounding area, who support the aims and objectives of the charity. Junior members have no voting rights.

Affiliate membership: Open to any community organisations who support the aims and objectives of the charity. Affiliate members have no voting rights.

The charity is managed by a Board of Directors (who are also the charity trustees) consisting of at least 5 and no more than 12 members. Members are eligible to stand for election as a director at the Annual General Meeting and, if elected, serve for up to 3 years. Directors can be re-elected for a maximum of one further term of three years. New directors are invited and encouraged to attend induction and training sessions to familiarise themselves with the charity and the context in which it works.

Page 2

South West Fife Community Sports Partnership Limited

Trustees’ annual report Period ended 28 April 2025

Objectives & Activities

The charity's purposes are:

a) To foster the public participation in sport

b) The provision or organisation of recreational facilities to improve the conditions of life

c) The advancement of health

To achieve the above purposes, the charity runs and maintains the artificial pitch and surrounding land at Fleet Grounds, Wilson Way, Rosyth.

Achievements & Performance

| am pleased to present this year's Chairmans statement on behalf of the South West Fife Community Sports Partnership charity, reflecting on what has been another positive and impactful year supporting youth football within our community.

Our core mission remains unchanged: to provide opportunities for young people to participate in football in a safe, inclusive, and supportive environment. Over the past year, we have continued to see strong engagement across all age groups, with increasing participation highlighting both the importance and the demand for accessible grassroots sport.

This year has brought both achievements and challenges. We have successfully supported the development of over 700 youth players, coaches, and volunteers, ensuring that young people not only improve their footballing ability but also gain confidence, resilience, and teamwork skills that extend beyond the pitch. We are looking forward to the continued growth in participation.

However, like many organisations, we have faced ongoing pressures, including rising operational costs and the need to balance pitch availability with growing demand. Despite this, careful financial management and the dedication of our volunteers have allowed us to maintain our services and continue investing in facilities and equipment. Aparticular thanks to Rosyth FC who are currently our biggest customer and continue to support the Partnership

None of what we achieve would be possible without the unwavering support of our volunteers, coaches, parents, and partners. Their commitment, often behind the scenes, ensures that sessions run smoothly week in and week out. | would like to extend my sincere thanks to every individual who contributes their time and energy to making this charity a success.

Looking ahead, our focus will remain on sustainability, growth, and accessibility. We aim to strengthen our community partnerships, enhance our facilities, and ensure that every young person who wishes to play football has the opportunity to do so.

In closing, together, we are making a meaningful difference in the lives of young people through football.

Page 3

South West Fife Community Sports Partnership Limited

Trustees’ annual report Period ended 28 April 2025

Financial Review

The Partnership generated total income for the year of £ 47,521 from pitch hire and £ 500 from the Scottish charity donation Furthermore we have included a restricted grant of £16,000 per annum released to the profit and loss account. With expenditure of £ 51,795 the Partnership had a net surplus for the year of £12,226 and an accumulated overall surplus of £ 40,165. The annual net surplus of £ 12,226 is after the deduction of a non cash expense of £ 9,333 for the depreciation of the artificial pitch which, has been recognised as an asset.

Future Objectives

The company will require funding to replace the existing football pitch which generally has a lifespan of ten years. At the appropriate time, the company will have to apply for funding to external bodies with a view to raising sufficient grant funding to replace the main Asset- the Football pitch.

Risk management

The trustees actively review the major risks to which the charity is exposed.

Directors/Trustees responsibilities

Charity law requires the directors to prepare financial statements for each financial period which give a true and fair view of the financial activities of the charity and of its financial position at the end of that period. In preparing those financial statements the directors are required to:

• select suitable accounting policies and apply them consistently;

• 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 company will continue in business.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with Section 44(1)(c) of the Charities and Trustee Investment Act (Scotland) 2005. 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.

This report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

This report was approved by the trustees on 7 April 2026 and signed on their behalf by:-

Allan Foote Chairperson/Trustee

Page 4

South West Fife Community Sports Partnership Limited

Independent examiner's report to the trustees on the unaudited financial statements of South West Fife Community Sports Partnership Limited

In accordance with the engagement letter dated | have compiled the financial statements of the charity which comprise the Profit and Loss Account, the statement of balances and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the charity's trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the charity's trustees that we have done so and state those matters that we have agreed to state to them in this 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 work or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants of Scotland and have compiled with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

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 trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is our responsibility to examine the accounts as required under section 44(1)} (c) of the Act and to state whether particular matters have come to our attention.

Basis of independent examiner's report

Our 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do nat provide all the evidence that would be required in an audit and, consequently,We do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In the course of our examination, no matter has come to our attention

1. which gives us reasonable cause to believe that in any material respect the requirements:

2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts regulations, and

3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts

regulations have not been met, or

2.- to which, in our opinion,-attention should be drawn in order to enable a proper understanding of the accounts to be reached.

John LynchLLB DipLP CA

Torridon House Torridon Lane Rosyth, KY11 2EU

Date: 7 April 2026

Page 5

South West Fife Community Sports Partnership Limited

Statement of financial activities

	Statement of financialfinancial activities
	forthe period ended 28 April 2025
	Unrestricted	Funds	2025	2024
	General	Artificial	Total	Total
	funds	Pitch	funds	funds
	£	£	£	£
Income and endowments from:
Rental income	47,521	-	47,524	47,152
	47,521	-	47,521	47,152
Charitable activities
Grants received	-	16,000	16,000	16,000
Other income-Scoitish charities	500	-	500	500
	500	16,000	16,500	16,500
Total	48,021	16,000	64,021	63,652
Expenditure on:
Annual rent	377	-	377	77
Water rates	1,459	-	1,459	3,813
Insurance	1,901	-	1,901	1,888
Electricity	13,286	-	13,286	20,495
Gas	1,737	-	1,737	3,353
Repairs & renewals	6,287	-	6,287	5,819
Cleaning	4,426	-	4,426	3,963
Equipment	-	-	-	-
Advertising	-	-	-	-
Management software costs	1,908	-	1,908	1,800
Leagal and professional	114	-	114	311
Premises expenses	-	-	-	300
Sundry expenses	-	-	-	-
Bank charges	108	-	108	156
Accountancyfees	1,650	-	1,650	2,580
Charitable donations	1,750	-	1,750	500
Depreciation - Astro pitch	-	9,333	9,333	16,000
Depreciation - Plant & machinery	156	-	156	625
Depreciation - Floodlights	7,303	-	7,303	7,304
Total expenditure	42,462	9,333	51,795	68,984
Net income/(expenditure)	5,559	6,667	12,226	(5,332)
Reconciliation of Funds
Net movement in funds	5,559	6,667	12,226	(5,332)
Funds broughtforward	27,939	-	27,939	33,271
Fundscarriedforward	33,498	6,667	40,165	27,939

The notes on pages 9 to 13 form part of these financial statements.

Page 6

South West Fife Community Sports Partnership Limited

Statement of financial position

28 April 2025

		General	Artificial	2025	2024
		funds	pitch	Total	Total
	Note	£	£	£	£
Fixed assets
Tangible assets	5	12,677	48,000	60,677	77,469
Current assets
Debtors	6	1,500	-	1,500	2,644
Prepayments		-	-	-	414
Cash at bank and in hand		29,998	-	29,998	15,522
Total current assets		31,498	-	31,498	18,580
Creditors: amounts falling due
within oneyear	7	(4,010)	-	(4,010)	(4,110)
Net current assets		27,488	-	27,488	14,470
Creditors: amounts falling due
aftermorethan one year	8	-	(48,000)	(48,000)	(64,000)
Net assets/liabilities		40,165	-	40,165	27,939
Funds ofthe Charity
Unrestricted funds		40,165	-	40,165	34,606
Pitch		-	-	-	(6,667)
TotalFunds		40,165	-	40,165	27,939

All 2023 figures are unrestricted.

For the period ending 28 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

The notes on pages 9 to 13 form part of these financial statements.

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South West Fife Community Sports Partnership Limited

Statement of financial position (continued) 28 April 2025

These financial statements were approved by the board of directors and authorised for issue on 7 April 2026, and are signed on behalf of the board by:

Allan Foote-Chairperson Trustee

Company registration number: SC531993

The notes on pages 9 to 13 form part of these financial statements.

Page 8

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South West Fife Community Sports Partnership Limited

Notes to the financial statements

Period ended 28 April 2025

1. General information

The company is a private company limited by guarantee, registered in Scotland. The address of the registered office is Fleet Grounds, Pavilion, Wilson Way, Rosyth, Fife, KY11 2EF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’. and The Charities & Trustee Investment Act (Scotland) Act 2005, and The Charities Accounts ( Scotland) Regulations 2006 and the charities SORP (FRS102) (Effective January 2015)

1. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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South West Fife Community Sports Partnership Limited

Notes to the financial statements (continued) Period ended 28 April 2025

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plantand machinery	-	25% —	straight line
Floodlights	-	20% _	straight line
Astropitch	-	10%—	straightline

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Page 10

South West Fife Community Sports Partnership Limited

Notes to the financial statements (continued) Period ended 28 April 2025

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 company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

Under the performance model, 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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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South West Fife Community Sports Partnership Limited

Notes to the financial statements (continued)

Period ended 28 April 2025

4. Profit/loss before taxation

Profit/loss before taxation is stated after charging/(crediting):

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|||||||| |---|---|---|---|---|---|---| |Period|Period| |ended|ended| |28/04/25|29/04/24| |£|£| |Depreciation|of Astro|pitch|9,333|16,000| |Depreciation|of|plant|&|machinery|156|625| |Depreciation|of floodlights|7,303|7,304|

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5. Tangible assets

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Plant|and|Floodlights|Artificial|pitch|Total| |machinery| |£|£|£|£| |Cost| |At 30|April|2024|and|28|April|2025|2,500|36,525|160,000|199,025| |Depreciation| |At|30|April|2024|2,344|16,545|102,667|121,556| |Charge|for|the|year|156|7,303|9,333|16,792| |At|28|April|2025|2,500|23,848|112,000|138,348| |Carrying|amount| |At 28|April|2025|-|12,677|48,000|60,677| |At|29|April|2024|156|19,980|57,333|77,469|

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6.

Debtors

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||||| |---|---|---|---| |28/04/25|29/04/24| |£|£| |Trade|debtors|1,500|2,644| |Other|debtors|-|414| |1,500|3,058|

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South West Fife Community Sports Partnership Limited

Notes to the financial statements (continued)

Period ended 28 April 2025

	Period ended 28 April 2025ended 28 April 202528 April 2025April 20252025
7.	Creditors: amounts falling due within one year
		28/04/25	29/04/24
		£	£
	Trade creditors	2,360	2,610
	Other creditors	1,650	1,500
		4,010	4,110
8.	Creditors: amounts falling due after more than oneyear
		28/04/25	29/04/24
		£	£
	Othercreditors/Deferredgrantincome	48,000	64,000

Reference is made to page 4 The Financial Review Statement, the remainder of the deferred grant amounts to £ 48,000 as per the note this will be released to profit and loss account on an annual basis over 3 years.

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South West Fife Community Sports Partnership Limited

The following pages do not form part of the statutory accounts.

South West Fife Community Sports Partnership Limited

Detailed income statement Period ended 28 April 2025

	Period	Period
	ended	ended
	28/04/25	29/04/24
	£	£
Turnover
Pitch rental	47,521	47,152
Other income	500	500
	48,021	47,652
Gross profit	48,021	47,652
Overheads
Administrative expenses
Annual rent	(377)	(77)
Water rates	(1,459)	(3,813)
Insurance	(1,901)	(1,888)
Electricity	(13,286)	(20,495)
Gas	(1,737)	(3,353)
Cleaning	(4,426)	(3,963)
Repairs and renewals	(2,903)	(2,111)
Repairs & renewals	(3,384)	(3,708)
Management software cosis	(1,908)	(1,800)
Legal and professional	(114)	(311)
Accountancyfees	(1,650)	(2,580)
Bank charges	(108)	(156)
Premises expenses	-	(300)
Charitable donations	(1,750)	(500)
Depreciation - Astro pitch	(9,333)	(16,000)
Depreciation - plant & machinery	(156)	(625)
Depreciation - Floodlights	(7,303)	(7,304)
	(51,795)	(68,984)
Other operating income
Government grants recognised directly in income	16,000	16,000
	16,000	16,000
Operating profit/(loss)	12,226	(5,332)
Profit/(loss)beforetaxation	12,226	(5,332)