Aberdour Shinty Club
Unaudited Financial Statements
For the Year Ended 28 February 2025
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Document Ref: LX6DG-EYONK-CYSYQ-4RQ2D
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ABERDOUR SHINTY CLUB CLUB INFORMATION Trustees.. Charity Address: 51 Springh-eld Gardens Glasgow G314HP Company Number: CS003817 Charity Number: SC049022 Independent Examiner: Facts & Figures (Scotlandl Ltd 13 Rutland Street Edinburgh EHI 2AE P*>2of17
ABERDOUR SHINTY CLUB CONTENTS Chairs Report Treasurers Report Playing Report Independent Examiners Report Income and Expenditure Account Balance Sheet io Notes to the Accounts li P*>3of17
ABERDOUR SHINTY CLUB REPORT FROM THE CHAIR Introduction As we reflect on the past year at Aberdour Shinty Club we have plenty of highlights to celebrate. This is my first year as Chair of Aberdour Shinty Club and as l acknowledged at our AGM last year it was no easy task following our previous chair who led the club for many years. We are thankful that remains on the committee, and I would like to personally thank him for all his support to me over the last year. Club Development Running a shinty club takes a huge amount of effort and commitment, and I want to thank everyone for all the time and energy players, parents coaches and supporters put into our club. Aberdour is truly a community club, and we are rightly proud of how many people are involved in supporting the teams to perform on the pitch. I want to say a special thank you to our coaches. Pulling teams together, keeping them fi't and motivating them through the season can come with its challenges so we want to say a huge thank you to all our coaches at every level. Our Head Coach does a power of work, and we want to say thank you to her and all her fellow coaches. U Itimately all the work behind the scenes is about what happens on the pitch, and we are delighted to see shinty thriving at every level within the club. While playing numbers are slightly down on the previous year, we continue to have over 80 players across senior. women's and youth teams. We were delighted to have representing the club at Under 21 level for South of Scotland and representing the club at Under 17 level. Congratulations to both boys who did the club proud. We have a150 seen our P 415 teams winning multiple competitions across the season at various competitions. It has been great to see our women's team putting in a competitive challenge in the league and in various competitions. Aberdrour has been very proud to play its part in the resurgence of the women's game, and we as a club have some great female players coming through. If a club's success if judged on its pathway development, we have a lot to encourage us at Aberdour Shinty Club. We are immensely proud of all our players. Back in January, before the start of the season we met as a committee to discuss our vision and ambition for the club. Getting back to pre-COVID levels of commitment has been a challenge for all sports teams and charities but this year it has been great to see the passion and energy in our players and supporters. The committee have an ambition to build on our success year by year and to do that we need good governance, financial stability and a proper infrastructure that SVPPOrt5 the performance on the park. We have an excellent Development Plan that has been written bv our former Chairman but this needs to be refreshed and revisited. Key objectives for us over the last year included.. Raising the profile of the club through social media and community engagement Recruitment of new players P*>4of17
ABERDOUR SHINTY CLUB Events to build community within the club and engage with the community Increased fundraising and sponsorship Securing the long-term lease of the pitch and improving facilities Many of these objectives continue to be a work in progress. We would really like a volunteer to take on the social media side of the club and invest time and attention to raising the club's profi'le. We would like to refresh and promote our website more effectively. If you feel you could take this on. please get in touch. We have welcomed some new players into the club which has been great. We are delighted to see another shinty team in Stirling entering the league which is great for shinty in the south. Putting two teams out on the pitch for the whole season has been a real challenge over the last year so we need to be constantly attracting new players to the club. This needs to be a focus for the whole club both in terms of inviting new players and welcoming players when they come along to training. We had a very succe55ful Family Fun Day in June. The local chemist ran out of after sun, but it was great to see 50 many families coming together to celebrate our great communityl I Thanks to everyone for pullingtogetherto make the day such a success. Fundraising is a challenge for all charities in the current environment, and we are thankful to for all he has done to apply for grants. We are always open to new sponsorship, and the Club Lottery is a way for all supporters to raise money for the club. We need a volunteer to promote this more effectively so please let us know if you would be willing to help. We have good funds in the bank but shinty is an expensive sport and the club are always needing to invest in sticks and helmets. Over the last year we have also absorbed the cost of players travelling in recognition of the cost-of-living crisis. Players now travel in the minibus without needing to make a financial contribution. This is a small gesture but hopefully takes away one more obstacle from player5 getting involved in the sport. As a committee we are seeking to secure the long-term lease of Silversands and we are thankful to for all his work around this. If we had security of tenure with a long-term lease, we could then look to build a proper infrastructure on the site. This will take time and sound business case, but we are keen to secure shinty at Silversands for many years to come. We will keep you updated with any developments. As a community club we want to look after the wellbeing of our player5 both on and off the pitch. We continue to support our Chaplain Imel and the various initiatives by the Camanachd Association such as the shinty counselling service. All players (and parentsl are encouraged to reach out the Chaplain if they want to raise any concerns. l am more than happy to chat at the side of the pitch or over a coffee to see if I can help and if not. signpost people to service that can. P*>5of17
ABERDOUR SHINTY CLUB Thanks l also want to say thank you to our committee. As well as a new Chair we had a new Secretary last year. I want to thank for all she does behind the scenes to make sure our membership is up to date, take minutes at meeting and everything else. The last year ha5 been the first year of our online 'JustGo' membership system and it has been relatively smooth. We would really encourage all players to renew next year in plenty of time for the new season so is not chasing players. We are in a good financially with money in the bank and a good handle on expenditure. We are thankful to for all his work on the accounts. Stepping Down We are seeking to appoint a new Child Protection Officer after indicated that she would like to step down after several years. We are grateful t for her work and dedication. This is a critical area for us as we seek to prioritise the safety of our young people. If you are willing to serve in this role. please get in touch and we can provide training and a handover from Conclusion As I conclude my first report and look back on the last year, l am immensely grateful for all the work that goes on behind the scenes to make Aberdour Shinty Club such an amazing club to be part of. We are incredibly proud of all our shinty players from youth. women's. development and senior. Thank you for whatever partyou play in our shinty communrtyand cheering'the Dour, from week to week! Please continue to 5UPPOrt U5 as we build on our succe55 next year. Chair P*>6of17
ABERDOUR SHINTY CLUB TREASURER'S REPORT The Club's finances for the year ending 28 February 2025 retlect a positive and stable fi'nancial position. with a surplus of £2.220, compared to a deficit of £641 in the previous year. This improvement demonstrates prudentfinancial management, continued member support, and careful cost control across all areas of Club activity. Income for the year totalled £13,125, a decrease from £15,225 in 2024. The main variances were a reduction in fundraising and donations, which fell from £3,054 to £1,919, and slightly lower membership income and sponsorship. Offsetting these. there was an increase in lottery income, which rose to £2,481 before prize payouts and fees. Expenditure reduced significantly to £10,90512024= £15.8661, largely due to the CAfees now being paid directly by the members and large equipment costs in the prior year. Regular operating costs such as pitch hire (£3,813), referee fees1£2,0631, and travel l£1,3421 remain the largest areas of expenditure, reflecting the wide range of teams and fixtures supported by the Club. The return of the Awards Night also contributed posltively to the social and community aspects of Club life. At the year-end, cash at bank and in hand totalled £14,798, an increase of just over £3.000 from the previous year. Net assets stand at £13,213, providing a solid base for the coming season. Deferred income of £1,935 primarily relates to lottery subscriptions received in advance. Looking ahead. the Club remains financially sound but continues to face the challenges of rising facility costs and the need to maintain affordable acce55 for players at all levels. Continued focus on sponsorship, fundraising, and grant opportunities will be key to sustaining future growth and supporting player development. I would like to extend sincere thanks to all who contributed financially or volunteered their time throughout the year- from our sponsors and donors to the many individuals who supported fundraising events, managed teams. and organised Club activities. Your efforts make a tangible difference to the Club's financial health and community impact. Treasurer P*>7of17
ABERDOUR SHINTY CLUB PLAYING REPORT Primary Section Another great season running from August 2023 to August 2024, with loads of young development players comingthrough from Nursery to P3, and several older players moving up to play at P415 level. The focus across all primary levels remains on fun, enjoyment, and participation. Development Team The Development Team had a fantastic year. supported by , whose continued involvement has been invaluable. At the end-of-season tournament in June, players competed for the annual trophy and for the second year in a row, Aberdour lifted the cup. This was a fitting reward forthe hard work put into learning the basics from a young age by both players and coaches. We also saw further growth, with four parents expressing interest in completing a coaching course at the end of November. P415 Teams A lot of effort went into promoting and encouraging new players through taster sessions and word-of-mouth among friends. This resulted in enough players to field three teams, including an all-girls team who thrived under coaching and the social side of the sport. All teams performed exceptionally well. showing great progress in basic Skills. The Aberdour Blacks capped off the year by winningthe Indoor and Outdoor Leagues. the Regional Competition, and the Regional Qualifiers. They also made history winning two national championships both indoor and outdoor. P617 Teams The Primary P617 teams also enjoyed significant 5ucce55. winning both Indoor and Outdoor League5 as well a5 the Regional Qualifiers. A strong squad with great numbers of players performed consistently throughout the season. Special thanks go to for his many years of input and enthusiasm with the Primary teams, long after his own children had moved on. has now stepped down, and we are grateful to for taking on the role with great energy and commitment. Note.. The youth Season run5 from March to September. U14s The U14s experienced a challenging transition season due to a gap in numbers at the top end of the age group. However, under leadership. the team worked hard to build a stronger. future-proof squad. Despite being younger than much of their opposition, the players held their own in m05t matches and showed Strong progress. P*>8of17
ABERDOUR SHINTY CLUB Congratulations to Lewis, Matilda, and Archie, who were all selected to represent Central Scotland. Thanks go to for his dedication and time over the past year. has now stepped up to take on the coaching role going forward. U17s The U17 league ran from May to August. overlapping with school exams, which limited player availability despite having a strong squad. However, many players gained excellent experience through regular 1st. 2nd. or Women's shintyfi'xtures. and several were selected for national camp5. Congratulations to who represented Central Scotland, with Ally also playing for the South of Scotland U17 squad and joining the Women's East squad. Thanks to Sean for taking on the group and leading them through the winter period. Senior 2nds A very encouraging year for the 2nd team, with 32 players turning out during the season - great sign of growing interest in 2nd team shinty. Results were competitive, with 2 wins, 5 draws, and 7 losses, including only one home defeat and a cup draw that ended in a penalty shootout against a higher-league side. With only two players under 15 turning out this year, there is hope that younger participation will improve over the next few seasons. The focus now 15 on building a more settled squad and welcoming a few new faces next year. Thanks to for his effort managing and pulling the team together. Women's Team This Season presented challenge5 due to a small player pool, but the team showed great commitment and spirit. Despite a few setbacks, all fixtures were fulfilled apart from two home games at the end of the season, which were conceded due to time constraints. Momentum builtthroughoutthe season as the team gelled and improved significantly. Although results didn't always reflect performances, the team's standard of play and cohesion improved every game. Looking ahead, the focus is on continuing to build from this 501id foundation. The aim is to hold a couple of Sunday training sessions before preseason starts in January, to maintain fitness and team connection. Thanks to for his continued support. P*>9of17
ABERDOUR SHINTY CLUB Senior Ists A season of rebuilding for the 1st team. The first half of the campaign started slowly with inconsistent performances. butthisturned around thank5 to renewed attitude. effort. and commitment. The smaller squad regrouped and finished the season strongly, with several good results and excellent team spirit. A number of young players rose to the occasion and showed great promise for the future. As di5CUSsed within the coaching team and with the committee, a new Club Code of Conduct has been created following several incidents acr055 different age group5 this sea50n. This will be distributed to all members for adoption ahead of the next campaign. Head Coach 10of 17
ABERDOUR SHINTY CLUB CHARTEREDACCOUNTANTS, REPORTTOTHE cOMMIEE In accordance with the engagement letter, we have independentlyexamined thefinancial information of Aberdour Shinty Club for the year which comprise the Income and expenditure account, the balance sheet and the related note5. As a practising memberfirm of the Institute of Chartered Accountants in England and Wales IICAEWI, we are subject to its ethical and other professional requirements which are detailed at htt www.icaew.com membershi re ulations-standards-and- uidance. This report is made solely to you, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial information of Aberdour Shinty Club and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical release TECH08116AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for this report. You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information. Facts and Figure5 (Scotland) Limited Chartered Account4nt5 13 Rutland Street Edinburgh EHI 2AE 11 of 17
ABERDOUR SHINTY CLUB INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2025 2025 2024 Income Membership fees Sponsorships Fundraising & Donations Lottery income Grant Income Equipment sales Awards Night 5,971 3,215 1.919 1.384 6,392 3,460 3,054 1.236 350 556 732 13,125 15,225 Costs CA Fees 12201 660 2.063 3.813 1.342 1,374 240 SC 13331 520 195 530 28 193 10,905 2,257 Competition Entry Fees Referee Fees Pitch Hire Travel Costs Lottery Costs Shinty Camp ASDC Facility Equipment Costs Subscriptions Card Charges Training Costs Insurance Sundry 2,002 4.466 1.250 4,017 34 75 540 15,866 Surplusl (DefKitl 2,220 (6411 12of 17
ABERDOUR SHINTY CLUB BALANCE SHEET AS AT 28 FEBRUARY 2025 2025 2024 Current Assets Stocks Debtor5 Prepayments Cash at bank and in hand 66 335 902 315 16.100 12,039 Creditors Deferred Income Trade Creditors Other Creditors 1.935 625 328 529 518 12,8871 (1,0471 Net Assets Reserves Retained Surplus Current Year Surplu5 (Lo) 10.993 2.220 11,633 {6411 For the financial year ended 28 February 2025 the club was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The trustees have not required the club to obtain an audit of its financial statements for the year in question in accordance with section 476. These fi'nancial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the members at the AGM on 10 November 2025 and are signed on the committees behalf by- 10 13of 17
ABERDOUR SHINTY CLUB NOTES TO THE FINANCIAL STATEMENTS l. Accountin8 policies Society information Aberdour Shinty Club is registered as a Scottish Charitable Incorporated Club ISCIOI, registered under the Co-operative and Community Benefi't Society Act 2014. Further information can be found on the Financial Conduct Authority'5 Mutuals Public Register. 1.1 Accountin8 convention These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the requirements ofthe Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section IA of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Income Income is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement. the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. 1.3 Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable. direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement Cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the revenue account. Reversals of impairment losses are also recognised in the revenue account 11 14of 17
ABERDOUR SHINTY CLUB 1.4 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand. deposits held at call with banks. other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.5 Financial instruments The club has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its fi.nancial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provi5ion5 ofthe instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic linancial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classifi'ed as receivable within one year are not amortised. Classification of financial liabilities Financial liabilitie5 and equity instrument5 are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its Basic financial liabilities Basic financial liabilities. including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non- current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 12 15of 17
ABERDOUR SHINTY CLUB 2 Judgements and keysources of estimation uncertainty In the application of the CoMpanS accounting policies, the directors are required to make judgements, estimates and a55umptions about the carrying amount of a55ets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. 3 Sponsorship 2025 1,215 2,000 3,215 2024 360 3,100 3,460 Player Teamlstrip spon50rsl 4 Fundraising & Donations 2025 2024 688 EasyFundraising Shinty Cards Bake sales Fantasy Football Other Ic 320 130 1,279 1,919 130 2,236 3,054 5 Lottery 2025 2,481 16851 1669} 1201 11,0971 io 2024 1,236 13001 12401 1401 Income Prize Payouts Clubforce fees Gambling Licence Adj to correct deferred income 656 Deferred Income IThis is income received that is for future draws) 1,505 13 16of 17
ABERDOUR SHINTY CLUB
| 6 Awards Night | ||
|---|---|---|
| 2025 | 2024 | |
| Income | ||
| Bar | 670 | 847 |
| Door | 584 | 556 |
| Raffle | 281 | 300 |
| Coin Shove | 90 | 150 |
| Costs | ||
| Band | (450) | (450) |
| Bar (purchases less stock) | (280) | (380) |
| Card fees | (10) | - |
| Venue | (155) | (150) |
| Engraving | (174) | (95) |
| Other | - | (46) |
| 557 | 732 | |
| 7 Travel |
||
| 2025 | 2024 | |
| Minibus Hire | 1,196 | 1,290 |
| Minibus Fuel | 709 | |
| Ferry Costs | 188 | |
| (750) | ||
| Player Contribution towards trips | ||
| * No details of breakdown last year | 1,342 | 1,290 |
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Document Ref: LX6DG-EYONK-CYSYQ-4RQ2D
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