## **Aberdour Shinty Club** 

# **Unaudited Financial Statements** 

**For the Year Ended 28 February 2025** 

1 

Document Ref: LX6DG-EYONK-CYSYQ-4RQ2D 

Page 1 of 17 



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 cOMMI￿EE
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 CoMpan￿S 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**<br>**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**|



14 

Document Ref: LX6DG-EYONK-CYSYQ-4RQ2D 

Page 17 of 17