FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
REPORT OF THE TRUSTEES
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
FOR FINNART FOOTBALL ACADEMY (FFA)
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
| Page | |
|---|---|
| Report of the Trustees | 2 |
| Independent Examiners Report | 4 |
| Statement of Financial Actvites | 5 |
| Statement of Financial Positon | 6 |
| Notes to the Financial Statements | 7 |
Page | 1
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2025
FFA is a small community and not for profit organisation. It is a voluntary organisation which is registered with OSCR, the Scottish charity regulator, operating mainly in the East End of Glasgow. It was established as a SCIO registered charity on I8[th] November 2020. FFA seek to provide uniform and consistent services across the area which meet the needs of our users and promote community participation and inclusion in the decision-making processes which affect the lives of people in the East End of Glasgow and its surrounding districts. Our total Receipts for the period were £134,855 from grants, sponsorship, fund raising & sporting activities. The expenditure/(Payments) for this period was £122,080 leaving a surplus of £12,775 for the year 2024/25. The charity had a net worth of £128,000 carried forward to the year 2025/26.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The overarching aims of the group are to promote any charitable purpose for the benefit of all residents of The East End and environs by bringing together the local and statutory authorities, voluntary organisation and the community in a common effort to relieve poverty, advance education, advance cultural awareness and integration, further health and to provide or assist in the provision of facilities in the interests of social welfare, for recreation and other leisure time occupation so that the conditions of life of the aforementioned residents may be improved. We have a particular interest in the promoting and training of sports as the means to achieve these goals for our mainly school age service users, training them in a variety of sports to increase their well-being.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The main activity that FFA specialise in is sports, health and wellbeing, principally through football playing and training. We provide football coaching to over 400 children and adults aged between 2-40 years, with over 50 registered coaches, all provided with training, PVG and regular CPD. The main objective of the club is to provide inclusive access to affordable football for all within the East End of Glasgow. We have also have growing sections of girls’ teams, disability sports and provision for older people including adult walking groups.
FFA has been established for 40 years and has won a host of trophies over the years. FFA is also an accredited member of the SYFA and has a close relationship with the SFA.
We welcome all people and open training to all who are interested. We also stage community events, sports tournaments and friendly competitions and participate in those of other sporting bodies/partnerships.
We raise funds to provide services free of charge for those who are unable to afford to pay for training or sports participation. We aim to get more young people and adults involved as volunteers, coaches and management team members. This in turn allows individuals to be involved in the governance and development of the club input into design and delivery of our services and those of other sports bodies locally.
This year we are having discussions with Glasgow City Council to obtain a 25-year lease at Amulree Park to provide a home for the club and grow membership to help more people participate in football and other sports and community-based activities. This will enable us to expand our work by having a dedicated hub. This year we continued community outreach and fundraising to provide for people in the community. This included providing £2,323 worth of Christmas hampers to low-income families and seasonal activity programmes for young people, in partnership with funding provided by Meals & More.
Page | 2
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REPORT OF THE TRUSTEES - Continued FOR THE YEAR ENDED 30 NOVEMBER 2025
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
C5004923
Registered Charity number
SC050583
Registered Office
Bridgeton Community Learning Campus, 68 Dale Street, Glasgow, G40 4TN
Trustees
==> picture [73 x 53] intentionally omitted <==
Independent Examiner
Accsol Chartered Management Accountants 71 Kilbowie Road, Clydebank. G81 1BL
Approved by order of the board of trustees on 30 September 2025 and signed on their behalf by:
18 February 2026
Page | 3
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FINNART FOOTBALL ACADEMY
I report on the accounts for the year ended 30 November 2025 set out in this report
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of the independent examiners report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep accounting records in accordance with Section 44(l)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Neil Moreland
Accsol Chartered Management Accountants 71 Kilbowie Road, Clydebank. G81 1BL
18 February 2026
Page | 4
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2025
| Notes INCOME FROM Donatons and legacies Other trading actvites 2 Total EXPENDITURE ON Raising funds Other 3 Total NET INCOME / (EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward Total funds carried forward |
2025 2024 Unrestricted Funds Restricted Funds Total Funds Total Funds £ £ £ £ 131,517 2,650 134,167 112,740 688 - 688 1,548 |
|---|---|
| 132,205 2,650 134,855 114,288 |
|
| 119,579 2,250 121,829 81,561 251 251 6,860 |
|
| 119,830 2,250 122080 88,421 |
|
| 12,375 400 12,775 25,867 115,225 - 115,225 89,358 |
|
| 127,600 400 128,000 115,255 |
Page | 5
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
STATEMENT OF FINANCIAL POSITION AS AT YEAR ENDED 30 NOVEMBER 2025
| STATEMENT OF FINANCIAL POSITION AS AT YEAR ENDED 30 NOVEMBER 2025 |
||
|---|---|---|
| Notes CURRENT ASSETS Cash at bank Current Liabilites Accrual NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted Funds Restricted Funds £ £ 129,100 400 |
2025 2024 Total Funds Total Funds £ £ 129,500 116,725 |
| 129,100 400 1,500 - |
129,500 116,725 1,500 1,500 |
|
| 127,600 400 |
128000 115,225 |
|
| 127,600 108,554 400 6,671 |
||
| 128,000 115,225 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(1) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(2) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies’ regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 18 February 2026 and were signed on its behalf by:
Page | 6
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS I02, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Tangible Fixed Assets
No depreciation has been provided on the freehold land and buildings which were transferred in and are shown at the trustees’ estimation of open market value.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page | 7
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
2. OTHER TRADING ACTIVITIES
Fundraising events
| 2025 | 2024 |
|---|---|
| £ | £ |
| 688 | 1548 |
NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 30 NOVEMBER 2025
3. TRUSTEES’ RENUMBERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 November 2025 nor for the year ended 30 November 2024.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 30 November 2025 nor for the year ended 30 November 2024.
4. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Restricted funds TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Unrestricted funds Restricted fund TOTAL FUNDS |
At 01.12.2024 Net mvt In funds At 30.11.2025 £ £ £ 108,554 19,046 127,600 6,671 (6,271) 400 |
|---|---|
| 115,225 12,755 128,000 |
|
Incoming Resources Resources Expended Movement in funds £ £ £ 132,205 (119,830) 12,375 2,650 (2,250) 400 |
|
| 134,855 (122,080) 12,775 |
Page | 8
FINNART FOOTBALL ACADEMY (FFA) REGISTERED COMPANY NUMBER: CS004923
REGISTERED CHARITY NUMBER: SC050583
Page | 9