East Fife Community Football Club Annual Report and Charity Accounts for the year ended 31 March 2025 Charity no: SC049504
East Fife Community Football Club - SC049504 For the year ended 31 March 2025 Referellce and Admlnlstrative Informatlon Trustees - Chairperson - Trcasuier - Sccretury - Fdcililies Offi¢er (resi1 12109125) . Cornmunity Secretary - Child Protection Officcr - FLlture Project8 and Fundraising Officer Addr&8S CIO MGM Timber Bayview Stadium Harbour View Methil KY8 3RW Independent Lxaminer Gillespie Inverarity & Co. (Fif¢) Ltd Chartered Accountants FR.IC Ajax Way Mcthil Fite KY8 3RS Page I
ast Fife Community Football Club- SC049504 Report ot. Éhe trustees for the year ended 31 Mydrch 2025 The Trustccs have pleasure in presenting their TCPOrt for the year ended 31 March 2025. This report is prepared in accordance with the Trust Deed and Companies Act requirements. The financial statements comply with the Charities and Trustee InveStrne (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended}, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recon]mended Practice applicabl¢ to charities preparing their ac- ounts in accordance with the Financial Reporting Standard applicable in the UK and Repub- lic of Ireland {FRS 102). Structure, Governance and Management Constitution The charity is a Scottish Incorporated Organisation (a SCIO - Scottish Charity Number SC049504) which was registered in its current Icgal torm on 31 July 2019. Recruitment and A oint¢llt of Trustees The Management Cornmittee also clLarity trustees for the puryosc of charity law. The ot'_ fice bearers of the chltY arc the Trustees. The Comn]ittcG meet regularly and set thc strategy and policy of the SCIO, generally control and supervise the activities of thc SCIO and in par- ticul&r are responsible for monitoring its financial position as wcll as the day to day mandgc- ment of the SCIO. Trustee Induction and Trainin The Committee members are paired up with an experienced serving member of the comn]it- tee who will act as their rncntor. This provides the new mGmbers with direct access to some- one who can illfonn, advi5¢ and support thcm in their period of office. Nature of Governin Document The Charity is a Scottish Charitable Incorporated Organisation (SCIO} registered on 31 July 2019. EFCFC runs by a constitution which govenis how the Gharity is run. The oonstitution is reviewed annually at the AGM where any changes ar¢ made. Risk Mana ement Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Page 2
East Fife Community Football Club- SC049504 Report of the trllstees for the year ended 31 March 2025 Objectlves and Activities The puryose of th¢ charity is to not only advance the participation of youth football, but to in- cludc the whole community from the very young to the elderly. To show the benefits of hav- ing an active healthy lifestyle not only promotes physical but also mental wellbeing. We aim to include families participating in activities, as well as groups of multi age/ability/gender to bring the community closer together through sport. Our club is situated in an area of high deprivation, and we have achieved in providing a space foT all either free or low cost which allows everyone to participate witFLOUt prGjuthce. Achievements and Performance As alway8, we have had an action-packed year at EFCFC. Celebrating SUGCGSSCS for individuals and tearns, continuing with our conllnunity pro- grammes, changes to staffing and focusing Oll the future pathways for thc charity. There havc bccn Some highs and lows throughout the year, but as an organisation cvcryone has pulled together, and the results havc been amazing. A Round u of the Year Promoting Girls and Women's activities was high on tb¢ agenda for this year with the intro- duction of girls and women's night at Bayvicw. Ensuring that CV¢Tyone had the opportunity to takc parl and listening to the feedback from the community, a ladies fitness class was introduced to support those who did not want to play football. We also dclivcTcd Disney playmakers and KDM Soccer School which are girls only class¢s. We were fortLmate to receive funding and partner With SGN to deliver camps for every week of the school holidays throughout the year. Camps wcre £10 per week for 30 hours of activi- ty. There was a mix of multisport camps and football catnps to ensure that the whole com- munity could get involved. Our Loaches were on top forni with the imaginative ways to keep the kids active and involved for 6 hours every day. The camps were themed to encourage the kids to get involved with up to date relevant events e.g. Olympics and the Euros. We were also able to hold free one day camps throughout the year. We continued with our cornmunity programmes throughout the year tying to encourage as much of the community to get involved as possible. We ran free classes in conjunction with the SPL Trust and the SFA to promote health and well-being for all, this includes Football Fans in Training and McDonalds SoccGr School. Wc are also continuing with our Additional Needs classes for kids inLluding autism friendly football and Para football. We will bc starting an adult cl&ss in the New Year. Page 3
East Fife Community Football Club -, SC049504 Report of the trustees for the year ended 31 March 2025 As well as the above classes, we have soccer school for kids who just want to play, with no PrSUre of a team environment and Mini Fifers for the youngest kids in our community. Our work within the local schools continues, working in partnfflship with Fife Council and Active Schools delivering School of Football at Levenmouth Acadellly throughout the school day and lunch time and after school pro¥ammes in the primary schools. Our football champions programme came to a conclusion with 2 more primary schools taking part. W¢ were also fortunate to work with Denbeath Primary School to deliver a Learning Througb Football LirIcUlum. This proved a huge, success in attainment and attendance records within the school. This was an education based programme using football to encourage the kids to get involved with maths and English. As wc do each year we ended the year with Festive Friends. This year was our biggest yet having visitors to the stadium and also delivering hampers to those that were unable to malce it. We again partnered with thc Community Trade hub. Thc young people at the hub cookcd and servcd for our elderly visitors, allowing thcm to work towards qualifications for their SVQ'S. We also had a visit from the local primary school who provided some entCTtainment. inancial Review The charity's poliLy is to hold sufficient unrestiicted reserves to ensure continued operation for three months. As at 31 March 2025, the charity bad unr£sLricteA reserves totalling £36,705 (2024: £5,273) and restricted reserves of llil (2024: £0) Our main source of funding is fees, grants, donations and fundraising which raised £216,774 ill thc year. Expenditure of £185,342 included wages and pension of £43,310, facilities hire of £59,414 and hoodieslequipment of £37,638. The remaining Losts related to the day to day running of the charity, inL.luding independent examiner costs of £660. Overall surplus in the year was £31,432. Page 4
l ast fiife CommunRty Football Club- SC049504 Report uf the trustees tor the year ended JI March 2025 Investmcnt & Reserves Polic The charity is non-profit mdking and fwided entirely by membcrship fces, grHnts, donation8 and fund-raising actLVities. In-year activities are managed to make best use of avdiluble funds. Funds are hcld in oll¢ baT account. Full control ol all assets is vestcd in the Committee, under thc day-to-day managemcllt of the Tre.Urer. Plans for Future Perlods We are still awaiti.ng finalisation of our1¢&8e for the pavilion at King Gcorge V park.in Lc- vcn. This will get U8 a new internal space for morc community programm&8. New classes arc in the pipeline with Adult ASN classes, supporting the eldcrly in thcir homes and additional wurlc with ASN schools. Th¢ over .35 will be rejoining the comrnunity club which wilL increase our partiCiP¢ltion for adults a]ong with th¢ creation of new T¢CatIonal classes. There is hope for d full nL'w fovtball comtnittee and set of Trustees who will provide a new vision taking the club into the tiiture. Approved by tbe Trustew and sigud on thcir b¢half:_ ¢l,J 3L)LS- (C;haiTperson) Datc Trcasllr) Page 5
East Fife Commllnity Football Club Independent Examiner's Report to the Trustees ot East Fife Conununity Football Club - SCIJ49504 I report on the aLxounts of the Lhtllity for the period ended 31 March 2025 which are sct out on pagcs 7 to 13. Respective responsibilities of trustees and examiner The charity, s trustccs arc rcsponsible for the pr¢paration of the aCUllts in accordall¢e with the terms of the Charities and Trus't. Invcstnent (Scotldnd) 2005 Act and the Charities Accounts (Scotland) Regulatlons 2(K)6. The charity trustees consider that thc audit rquiTllent of Regulation 10(I)(d) of the Accoullts Kegulations does not apply. It is my r¢sponsibility to examine the aCcolt% as rcquired under sertion 44(1)(c) of the Act and to state whether particular rnatters have come to my attention. Bll8is of Independent examiner's statement My exarnination is carried out in accordance with R¢gulation I l oc the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting rx)rdS kept by thc Gharity and a comparison of the accounts present¢d with tbose records. It also includes considcration of any unusual items or di8closurcs in th¢ accounts and seeks explanations from the trustees conceining any such inatters. The prnL%dure8 undertaken do ot provide all the evideiice that would be Tequir(xJ in an audit I(L consc4uently, I do not express an audit opillion on the accounts. Independent examin¢r's statement Ill thc coutse of my exatllination. llo matter has comc to my attention which giveb, me reasonable c&use to believ¢ that in any miiterial rebPCCt the requirements: to keep aCunting records in accoNlancc with Section 4411)(a) of the 2005 Act and Rcgulation 4 of the 20ffi AGcounL8 Rcgulations, and to PT4)are aLLounts which accord with thc accountingi recoTds and comply with Regulation 9 of the 2006 ALU)unts Regulations have not b¢¢n met 2. to which, in my opinion, attontion should bc drawn in ord¢r enablc a proper undLYs'tdndirig of the &ccounts to b¢ rcachL.d. Datc: q I LLj.'-zS Page 6
East Fit'e Community Football Club Statement of receipts and paymellts Period ended 31 March 2025 Unrestrlcted und8 2025 Restricted Fullds 2025 Total Total Funds 2024 2025 Recei Donations and Legacie3 Charitable Activities Other Trading A¢tivi11¢5 Other Income 151.924 44,016 1,372 151.924 44,016 20.834 144,270 62,600 17,497 19,462 Total receipt8 197312 19,462 216,774 224,367 ments Raising Funds Charitable Activittes Governallre ¢08ts: Independent examill Cost8 165.220 19,462 184.682 229,086 660 660 660 165,880 19,462 185,342 229,746 Net receipts l (payments) 31.432 31.432 -5,379 Trallsfers tol(from) fid8 Deficit Isurplus for the year 31,432 31,432 -5.379 Page 7
Easl Flfe Cominunity Fuotbllll Clllb Statement of BRlances Year clld¥d 31 Mch 2025 UnrwtdLted Royirleted Ilund5 Fund¥ Total wid Totsl Funds l. c.ash fund Cash ond bank balancey Js at 31 March 2024 Suw1u(def1cIt) shown on trbvipts and pttymcnts a¢count 5,273 31,432 5,273 31,432 10,6.52 -5,379 Ca¥h and bank balances a8 at 31 March 2025 36,705 36,705 5,27J Fund to wbirh Ilability &rl8es Cost 2024 Lndependent Examill Fe£s clt0 Unrestricted 690 660 485 690 1.145 The ab)ve ttccounts have been approved by the Truyts%s und sigoed on their bcbalf: C.h8lrpLirgon) ('1 reasurer) Dat¢ Pe8
East Fife Community Football Club - SC049504 Notes to the Accounts For the year ended 31 March 2025 l. Accounting Policies Statejnent of Compliance The financial statements have becn prepared in accordallce with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities prepariiig their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UIC and Republic of Jxeland (FRS 102), the Charities and Trustee Investmfflil (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 1006 (as amended). Basis of Preparation East Fife Community Football Club rneets the dcfmition of a public benefit entity under FRS 102. Asscts and liabilities are initially rccognised at historical cost or transaction value unl¢ss otherwise stated in the relevant accounting policy notGs. The fAnancial statements are presented in sterling (£) and rounded to the nwest £1. Exemption from Preparing a Cash flow Statement The charity optcd to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow statemcnt in these financial statemcnts. Going Collcerll The Trustees consider that thcrc are no material uncertaintics about the charity's ability to continue as a going concem. Income Endowmellts Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has cntitlement to the income, it is probable that the income will be received, and th¢ amount can be measured with sufficient rcliability. Donations and Legacies Donations and legacies, are recognised on a receivable basis when receipt is probably, and the amount be reliably measured. Grants Received Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met, where perfonnance Londitions are attached to the allt and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Page 9
East Fife Community Football Club - SC049504 Notes to the Accounts For the year ended 31 March 2025 Deferred Income Deferred income rcprcsents amounts received for futurc periods and is released to incoming resources in the period for which it has been received. Such income is only dcferred when: The donor specifies that the grant or donation must only be used in future accounting periods. or The donor has imposed conditions which must be met before the charity has unconditional entitlement. Expenditure All expellditure is recognised one there is a legal or constNctive obligation to that expenditure, it is probable that settlement is required, and the amount can be measured reliably. All costs are allocatcd to the applicable expenditure hcading that aggregate similar costs to that catcgory. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consist¢nt witb the use of resources, with ccntral staff costs located on the basis of tim¢ spent, and depreciation charges allocated on the portion of the asset's USG. Other support costs are allocated based oll Éhe spread of staff costs. Raising Funds Thcsc arc costs incurra in attracting voluntary income, the rnagernent of investmcnts and those incurred in the trading activities that raise funds. Governance Costs These include the costs attributed to the charity's coinpliance with constitutional and statutory rcquirements, including audiL strategic managGment and trustee's meetings and reimbuTsed expenses. Government Grants GoVernmlt Grants are recogniscd based on the accrual model and are mGasLwed at tlie fair value of the asscts r¢cGived or receivable. Grants are classificd as relating either to revenue or to assets. Grants Telating to revenue and recogTLised in incorne over the period in which the related costs recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a ant relating to an asset is defenrd, it is recognised as deferred income. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 t)nd therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentliilly exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Cory)oration Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that suLh income or gains are applied exclusively to charity purposes. Cash and Cash Equivalents Casb and CÉish cquivalents comprise cash on hand and bank dq)osits. Page 10
East Fife Community Football Club - SC049504 Notes to the Accounts For the year ended 31 March 2025 2. Donations & Legacies Unrestrlcted Restricted 2025 2025 Total 2025 Total 2024 Donations Gift Aid Grants Youth Fees PerfonnancelCP Fees 11,573 21,834 19,537 90,212 8,768 11,573 21,834 19,537 90,212 8,768 15,554 36,377 83,698 8,641 151,924 151,924 144,270 3. Cbaritable Activities Unrestricted Restricted 2025 2025 Total 2025 Total 2024 Player Registration Trips & Camps Pitch Hire Member Sponsorship Cominunity Activities 4,055 1,530 410 7,683 30,338 4,055 1,530 410 7,683 30,338 1,910 30,772 1,295 13,591 15,032 44,016 44,016 62,600 4. Income from Other Charltable Activities Unrestrlcted Restricted 2025 2025 Totsl 2025 Totsl 2024 Clothing/Equipment Miscellaneous Income 19,462 19,462 1,372 17,497 1,372 1,372 19,462 20,834 17,497 Pagell
East Fife Community Football Club - SC049504 Notes to the Accounts For the year ended 31 March 2025 5. PAyments for Raisillg fi unds and Charitable Actlvities Unrestricted Restricted 2025 Total 2025 Total 2024 2025 Wages Pension Costs 40,877 2,433 40,877 2,433 67,354 3,547 Hoodies/Equipment Projects/Events Facilities Hire Contractors Courses Administration Costs Donations Miscellaneous Costs Registrations 18,176 1,526 59,414 12,174 1,660 10,473 9,900 2,045 4,109 19,462 37,638 1,526 59,414 12,174 1,660 10,473 9,900 2,045 4,109 39,315 3,967 56,277 27,064 3,702 14,814 11,340 1,054 652 165,220 19,462 184,682 229,086 6. Trustee Remuneration & Relatsd PArty Transactions No trus'tee or other person related to tknc charity had any personal intercst in any contract or transaction entered into by th¢ charity during the year. 7. Cash and Cash Equlvalents 2025 2024 Cash at bank 36,705 6,418 Page 12
East Fife Community Football Club - SC049504 Notes to the Accounts For the year ended 31 March 2025 8. fl ullds of the Charlty Balance At Incoming Resources Balance At l April 2024 Resources Expended 31 March 2025 Ullrestrlctsd Funds Genera Unrestricted 5,273 197,312 165,880 36,705 Restricted Funds Hoodies/Equipment 19,462 19,462 Total Funds 5,273 216,774 185,342 36,705 9. Staff Costs ThG aggregate payroll costs were as follows.. 2025 2024 Wages and Salaries Pension Costs 40,877 67,354 2,433 3,547 Total Funds 43,310 70,902 The average number of employecs during the year was 2 (2024: 3). No 6plOYee received emoluments of morc than £60,000 during the year. 10. T Axation The GhiWity is a registered charity and is therefore exempt from taxation. Page 13