Riverside West End Football Club Financial statements for the year ended 31 July 2024
Riverside West End Football Club Contents Page Charity information Executlve Committeeg report Indendent examinerfs report ststement of reiptS and PaentS Statement of balances 9-10 Notes to the financial statements 11-14
Riverside West End Football Club CharSty Informailon Charlty Name Rwerside West End Football Club Charity Number SC046965 ReElStered Address 5 Invergowrie Drive Dundee DD2 IRD Executive Comrnittee Independènt Examiner Banker Royal Bank of Scotland 3 High Street Dundee DDI 9LY
Riverside West End Football Club Executive Committees, reportforthe period ended 31July 2024 Strurture Govemance & Management Constltutlon The Club's tonstitution form is a SCIO, Scottish Charitable Incorporated Organisation. It is governed by its constitution which was adopted in August 2016. The Club wa$ granted charitable 5t3tus bv OSCR from 8 November 2016. The Executive Committee are trustees for Charity Law purposes. Appointment ofthe Executive Committee Membership of the executlve committee 15 open to all members of the Club. Executive Committee are elected atthe Annual General Meetingwhich is held annually and within 15 months of the previous AGM. Under the constitution, there must be a maximum of 12 3nd a minimum of 3 members ofthe Executive Committee. The Executive Committee must stand down at each AGM. however, are eligible for re-election. Management ofthe Club The Executive Committee which holds regular meetings, is responsible for monitoring and controlling of the financial position of the Club togetherwith the strategic direction and governance of the Club. The members of the Executive Committee are all aware of their responsibilities as a group and their individual roles within the Club. Objectives & Activities Charitable pury>ose The advancementof publi¢ participation in sport through the provision of facilities, coaching, training and opportunities initially and primarily related to football. The object of the club is the provision of recreational facilities. or the organisation of recreational activities, with the objettof improving the condrtions of life forthe personsforwhom the facilities or activities are primarily intended. The club aims to.. Provide coachlng and training from appropriately trained coaches. Allow participation in football matches within the appropriate league for the age group. Provide recreational facilities or activities which are available to member5 of the public at large or to male or female members of the public at large. Promote equal opportunities and not discriminate on the grounds of race. religion or belief, sex, disability, age, sexual orientation, pregnancy or maternity. mafriage or civil partnership or gender reassignment.
Riverslde West End Football Club Executive Committees. report forthe period ended 31 July 2024 Icontinuedl Artlvltles Our teams start from Fun Fours which is organi5ed through the SFA and the Charity, Leisure & Cuhure Dundee. We work very Close with Leisure & Culture Dundee who promote the club in the West End of Dundee Primary Schools. Our Fun Fours are open to all children, boys and girls, within our catchment Dundee Primary Schools area. and we also have children attending from the bordering Angus Council, Fife Council and Perth & Kinr05s Cou ncil communities. We have taster sessions for the kids, which then leads to participation In the Fun Fours matches on Saturdays. All children that attend can participate, and we do not restrict opportunities based on 3 lack of ability, but rather we work with them to develop and improve. Players follow the SFA player pathwayto Super Fives, seven a-side, nine a-side and then at the age of twelve, on to 11 a-side. We also follow the SFA rules, related to providing all players in the small- sided teams even playing time, during festivals, tournaments and competitive games. Our Girls only provision has continued to grow in recent years, with the first cohort ful registered with the Scottish Women's Football A550ciation ISWFI and participatinE at U12 level during 2024 and will progress to U14 level in 2025. Achievements & Performance Overthe last year we have welcomed in our new youngest team. The 2019s started in October 2024 and have progressed nicely to the point where they are at the beginning of the player pathway re*lv to start Fun Fours. It is greatto continue growingthe club and introducing more children at grassroots level. Each year we lose our oldest age group. however, with the U18 league folding in late 2022, we unfortunately10st our 20065 a year early. This a150 impacted the 27 age group, but they managed to keep a squad together, and with a few additions, the club has created the Riverside West End Amateurteam. This is a great asset to have at the club and gives the older kids a Chan to continue their footballing journey with Riverside. Coaches. Colin and Neil, must take a lot of credit in keepi the teamtogether as a unit and enjoying each season they haveplayed together. Along Wlth the Coath Coordinator, Chris Paton, they have taken the team forward and now enjoy playing competitwe Saturday morning football. In April 2024, ourGirls' team took part in league footballfor the firsttime. They were placed in the top tier of the league set up and have done themselves proud by belng extremely competitive. Chris Dunkerley and his coaching group are enormously proud of howthey have progressed, as are we all at the club. In 2024 we re-established tothe Coach Coordinator postwith Chris Paton taking up the role, and this has brought a lot of stability to the club. It has helped togalvanise the ethos of the club and get all the teams working as part of the wider Riverside family. Thanks to Chris for all his commitment and enthusiasm.
Rlverside West End Football Club Exècutive Committees. report for the period ended 31July 2024 Icontinuedl Achievements & Performance Icontlnuedl Anothergoodthingthat has come out of havingthat Stability ha5 beenthe ability of the club to put c holiday so¢r£3Mps. This has seen us startwith an Eastercamp in April 2024, and then steadilygrow them to where we offered two camps lastsummer. Theywere well received and attended bythe kids, and the feedback from parent5 and family has been that the kids have got a lot of enjoyment from them. and they have improved their skills as well. We look forward to being able to run the camps again this year. The club is committed to providing our players with opportunities to develop skills off the pitch. As part of the soccer camp5, we were able to give players from the older age groups the chance to gain some work experience by helping to coach alongside our lead coaches. They have been an excelnt help and added tothe enjoymentofthe camps. Overthe lastyearwe have also offered the chance fc players from the older age groups to undertake their coaching badges. with several playe participating in the programme and progressing well. Another achievement the club is proud of is putting the older kids throuBh their first aid training. We managed to get all the 2LK)7 a8e group through theirtraining with the opportunityextended tothe 2CK)8and 2(KY3 group. We plan to continue to offer these opportunities to our players going forward. The club has had another successful year on and off the field. Our 2011 Red5 and 2009 teams both reached cup finals. Unfortunately, both finished runner5 up in what were two very close matches. The 2011 Blues team won their league in their first year of competitive 11-aside football, bringing home the Sandy Edmonds Trophy as tier I winners in 2023124. Congratulations to them. Offthe field, we have grown the club's input into local events. We have worked closely withthe West End Community Sports Hub IWECSH,) and the other sports that are part of it, to put on sessiors allowing kids access to football that may otherwise be able to a¢¢ess those opportunities. We we able to put on 12 weeks of afterschool sessions at primary schools in the West End catchment area. We have 3150 dellvered sessions at the multi sports summer camp and the P7 transition sessions * Harris Academy. With that, the club would like to thank the coaches who gave their time to help run these sessions. Financial Revlew The principal funding source of the charlty Is the monthly player fees received; however, additional income is generated through fundraising activities and sponsorship. Total receipts of £110,49912023 - £123,446) and total payments of £119,72212023- £133,137) in the year (see pages 7 & 81. The club generated a deficit in this financial year of £9,22312023- def icit of £9,691) largely due to increases in all input cost5, including continued increases in costs of hiring training facilities at the University and across the city, and other football activities Such as referee fees, registration fees and playerinsurance. Several teams also renewed their playing kits during the year, in line with the normal two-year replacement cycle. As experienced in other area, the costs of kits also increased during the period. A new pricing structure for player fees was announced at the last AGM in February 2024 and implemented in April 2024to mitigate the Impact of increased costs.
Riverside West End Football Club Executive Committees, report for the period ended 31 July 2024 (contlnued) Reserves Polry Total re5erve5 at the end of the year were £37,55912023- £46,782}, split between unrestricted funds of E7,88812023- £10,501) and restricted funds of £29,67112023- £36,281) being the individual teams, balances. The Executive Committees, policy is to maintain a contingency fund, of approximately three months of unrestricted expenditure. for future development of the club and the remairling cash resee5 are available for routine club payments_ Unrestricted expenditure for three months of the year amounted to £5,05612023- £5,613) therefore the policy has been met. Membership Parentslcarers of the players will become members once the player is 518ned for a Riverside team and a membership form is completed. Plan lor Future Perlods Club commitments and taets identified for 2024-25 continue to build upon the achievements ol 2023-24, includin8: Continuing the partnership with BGK Goalkeeper Academy, providing professional goalkeeper specific training lo players throughout the player pathway at the club. Continue to develop the working relationshipswith West End Community Sports Hub IWECSHI and Active Schools to help promote opportunities for volunteer recruitment, provide opportunities to gain acce55 to alternative training venues and to provide football development opportunities to children within the local cotnrnunity. Embedding the Club Development Officer roles to asslst wlth providing player pathway advice and development coaching toolslstrategies for club volunteers and coaches, assist wilh Club networking opportunities Wlthin the local community- schools, provide learning opportunities during school holiday periods. Continue to devplop positive working relationships with Dundee University and Macron to make sure the Club players and volunteers have the best trainin8/playing venues and kit possible. Workin8 In partnershlp with Dundee Football Club Charliable Trust and Dundee FC to deliver a new training facility and to widen access to foc)tballing activities for the communities that we operate in. Our main interest 15 to support our players. volunteers and members wherever possible. making su that any training and learnin8 Opportunities available can be delivered in a safe and appropriate manner. Approved by the Executive Committee and signed on behalf by- Chairperson
Riverside West End Football Club Independent Examinerfs Report for the Year Ended 31 July 2024 I retyjrt on the financial statements of the charity for the year ended 31 July 2024, which are set out on pages 7 to 14. Respective re5ponsibllitles of Executive Commlttee and Examiner The charity's Executive Committee are responsible for tho preparation of the financial statements in accordance with the lerms of the Charities and Trustee Investment (Scotlandl 21X)5 Act and the Charities Account51Scotlandl Regulatlons 2006 las arnendedl. The il)<irily Executive Committee consider ihat the audit requirement of Regulation 10111 Idl of the 2006 Accounts Regulalions does not apply. It is my responsibility to examine the financial statements as required under section 44111 Icl of the Act and to state whether particular matters have come to my attention. Basis of Independent Examlnerfs Statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Re8ulationg. 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 Executive CDmmittee concefning any such matters. The procedures undertaken do not provide all the evidence that would be required in an alIt and, consequently, I do not express an audit opinion on the view given by the financial statements. Independent Examinerfs Statement In the course of my examination, no matter other than noted above has come to my attention: which give me reasonable cause to believe that. In any maierlal respect. the reouiremenls: to keep accounting records in accordance with section 44llllal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. to prepare financial statements which accord with the accounting records and comply with Regulation 9 of the 2006 Account5 ReEulations have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. DuThJee 10 January 2025
Riverside West End Football Club Statement of receipts and payments forthe period ended 31July 2024 Total Funds 2024 Unrestricted Funds Restricted Funds Recelpts Donations and grants Fundraising Sponsorship Players. fees Membership fees Pitch income Soccer camp Note 120 120 17,490 11.71JO 62.538 11.7LYI 61868 1¥243 330 11.243 1,200 5,028 5.028 Totsl Receipts ,ni 91,728 110,499 Payments Costs of fundraising Cost of charitable actThiities 925 98.573 925 118,797 5 20,224 Total payments 20.224 99,498 119,722 Net expenditure {1.4531 17,7701 19,2231 Transfer {from) I to funds {1.1601 1,160 (Deficit) forthe year 12.6131 16,610} 19,2231 Brought fokward io,soi 36.281 44782 Carried forward 29,671 37,559
Riverside West End Football Club Statement of receipts and payments for the period ended 31July 2024 (continued) Total Funds 2023 Unrestricted Funds Restrirted Funds lieceipt5 Donations and grants Fundraising Contribution for trips Sponsorship Bank interest Players, fees Membership fees Pitch income Summer camp Note 1.235 3,767 28,349 9,578 8,630 28,349 9,578 8,630 406 10,775 60,181 60,587 10,775 525 525 Totsl Receipts 12,941 110,505 123,446 Payments Costs of fundraising Cost of charitèble actThiities 5 22,454 110,683 133,137 Total payments 22,454 110,683 133,137 Net expendlture 19,5131 11781 19,6911 Transfer {froml I to funds 12,0531 2,053 {Deficitl Isurplus for the year 111,5661 1,875 19,6911 Brought forward 22,(7 34,406 56,473 Carried fon¥ard 10,501 36,281 46,782
Riverside West End Football Club Statement of balances as at 31 July 2024 Unrestricted Funds Restricted Funds Total 2024 Fund5 reconciliation Cash at bank- 31 july 2023 Surplus I Ideficitl for year Transfers 10.501 11.4531 11,1601 36.281 {7,7701 1.160 46.782 19,2231 Cash at bank- 31 July 2024 29,671 37,559 Unrestricted Fund5 Restricted Funds Total 2023 Cash at bank- 31July 2022 Surplus / Ideficitl for year Transfers 22,067 19,5131 12,0531 56,473 19,6911 11781 2,053 Cash at bank- 31 July 2023 10,501 36,281 46,782 Total Total 2023 Bank and cash balances Bank account 37,559 46,782 37.559 46,782 Other assets Stock of merchandise Gift Aid 8% 5,867 856 856 Liabllities Other liabilities 1,579 4,112 L579 4,112
Riverside West End Football Club Stattment of balances ¥ at 31 July 2024 Icontlnuedl The charity has no Dthermaterial liabilities, Contingent liabilities or oblpaations. The notes on pagès 11 to 14 form an integral part of these financial stztementS. Approved by the Executive Committee on 10 January 2025 and signed on their behalf by.. io
Riverside West End Football Club Notes to the financial statements Basls of Accountlng These linzncial statements have been prepared on the Receipts & Payment basis in accordance with the CharitEs & Trustee Investment Iscotlandl Act 2005 and the Charities Account5 Iscotlandl Regulations 2006 las amendedl. Slock- is included at the lower of cost and net realisable value. Nature and purpose of funds Unrestricted fundsare those that may be used at the discretion of the Executive Committee in furtherance of the objects of the char¢ty. The Executive Committee maintain an L¢nrestritted fund lor the day-to-day running of the Club. Restricted funds may onty be used lorspetific purpose. Restrictions aris? when specifEd by the donor orwhen funds are raised for specific purposes. Transferbetweenlundsariseswhen restrirted funds are in deficfcor with the agreement of the donor. AL50 occurs when a tearn ceases during the year and the balance is transferred to central fund5 in line with tlie constitution. Related Pami Transartions ND remuneration was paid to the Executive Committee orto any connect2d persons during the year. No expenses were paid to ally of the Executive Committee during the year. During the year, the following transactions with the Executive Committee took place Balance Balance outstandlngat outstsndSngat 31 July 2024 31 July 2023 fnil £nil £nil £nil £nil £nil £nil fnll £nil £nil £nil Name Transaction 2024 Amount £650 2023 Amount Player fees Player fees Player fees Player fees Playerfees Playerfees Player lees Player fees Player fees Player fees Player fees £nil £nil £nil £nil £320 £825 £670 E340 £260 £165 £598 £615 £320 £175 £238 £150 £nil £nll £nil £nil £nil Costs of fundraisin Unrestyicted Funds Restricted Funds Total 2024 Tot31 2023 Event5 Costs 925 925 li
Riverside West End Football Club Notes te the flnancial statements Icontlnuedl Cost of charitsble artlvlties Unrestrlrted Fund5 Restricted Funds Total 2024 Summercamp Football Centre Coach Costs Coach Training Courses Trips Training Facilitie5 Hire Equipment Strips Match Fees Registrations Subscriptions Discretionary Fund Bank Charges Donations Professional Services 2.925 3.975 4,553 3.29) 8.402 44,314 7,377 32,446 4,716 3,975 4.553 44,272 2,378 32.446 4,716 430 757 2,928 757 2.928 i(N] 2(Xl 20,224 98.573 118,797 Unrestricted Funds Restricted Funds Total 2023 Summer Camp Football Centre Coach Costs Coach Tr¥in*ng Courses Trips Training Facilitie5 Hire Equipment Strips Match Fees Registrations Subscriptions Bank Charges 2.294 2,294 6,889 4,912 1,141 38,535 38,080 11.797 20.639 3,916 1,795 170 2,969 6,889 4.912 1,141 38,535 37,941 139 10,829 20,639 3,916 1,795 170 2,969 22,454 110,683 133,137 12
Rlverslde West End Football Club Notes to the financial statements Icontinuedl Balance at 31July 2023 Delldt In vear before transfers Balance at 31 July 2024 Income Expendlture Transfer$ Unrestricted funds 10,501 18,771 120,2241 11,4531 11,1601 Restrlrted funds 20J6 2CI)7 218 21J)g Blues 2(J)9 Reds 2010 2011 Blues 2011 Reds 2012 Blues 2012 Reds 2013 2014 2015 2016 2017 2018 Girls 220 6,663 6,117 6,523 11401 17,7851 16,2261 19,3091 1801 1.741 103 1,683 3.701 3.925 820 927 8,723 1.637 4,333 2,275 3,067 1,569 714 IL1221 1109} {17861 619 2,832 13,7011 i.n9 4,088 15,1131 16,9991 17,3931 19,4351 16,5021 13,LK)51 15,2631 18,1561 19,1921 16,4881 13,4861 (S.L) {1,0251 {1901 {1,5401 {4,6351 11,4951 2.490 325 12411 3.501 1.057 630 5,853 4.800 s,]7 5,495 5,588 7,915 12,693 7,545 3,572 725 16601 935 1,077 6,823 2,826 5.070 1,771 86 1.063 12,166) 1,103 36.281 91,728 (99,4981 1119.7221 17.770) 1.160 29,671 Total funds 46,782 110,499 19,223) 37,559 Purpose of Restricted Funds Each team has their own fund balance to use at their discretion for team purposes with negative balances resolved post year end. 13
Riverside West End Football Club Notes to the financial statements lcontinuedl Balance at 31Julv 2022 Delldt In vear betore transfers alante at 31 July 2023 Incorne Expendiiure Transfers Unrestricted funds 22,067 12,941 122,4541 19.5131 12,0531 .501 Restrlcted funds 2003 2004 2005 2006 2(X)7 2(X)8 2(M)9 Blues 2W9 Reds 2010 2011 Blues 2011 Reds 2012 Blues 2012 Reds 2013 2014 2015 2016 2017 1241 271 300 706 3,022 2,727 1,324 1,156 5,111 24 1271 2,020 2,980 4,692 4.300 6,Cfi5 6,857 3,620 19,434 19,009 8,235 1,720 5,454 7,263 6,984 5,952 4,117 13,3201 13,9861 16,5731 16,3241 15,7061 14.3121 14,8061 120,5581 120,7861 13,7541 1831 14,8111 17,5131 15,3771 15,8591 14,2231 {1.3WI (1.6) 11,8811 110241 359 2,545 11.186) 11.124) 11.777) 4,481 1,637 643 12501 1.607 93 3¢XJ ¥741 103 16(Lll 3,701 3.925 2,704 4,242 927 8,723 1,637 4,333 2.275 3.067 1,569 714 3,69LI 2.525 1,460 1,476 519 16991 1,952 301 699 Amateurs Girls 1,803 12,6921 {8891 34,406 110.505 IIIO,6831 123.446 1133,137) 1178) 2,053 36,281 Totsl funds 56,473 19,6911 46,782 Purpose ol Restricted Funds Each team has their own fund balance to use at their discretion for team purpose5 With negatNe balances resolved post year end. 14