SALVESEN COMMUNITY FOOTBALL auB sao REPORT AND ACCOUNTS Scottish Charity Number SC052749 Year to 31 March 2025 Salvesen Community Football Club SCIO Report and Accounts
Year to 31 March 2025 CONTENTS Pages, Trustees, Report Independent Examiner's Report Statement of financial activities (including income and expenditure account) Balance Sheet Notes 9-11 Salvesen Community Football tlub SCIO Report and Accounts Year to 31 March 2025
Trusteé5' Report The trustees present their ieport and the accounts of the charity for the year ended 31 March 2025. Reference and administrative infomiation Charity Name Salvesen Community Football Club Scottish tharity Number SC052749 Principal Contact Address 20 Parkgrove Crescent Edirbburgh EH4 7RP Trustees (Chair) (resigned 5 November 2024) (appointed as Secretary 5 November 2 241 {Co-Treasurerl {Co-Treasurer) Iresigned 5 November 2024) {resigned as Secretary on 5 November 20241 In line with ihe rules set out in our Constitubon, trustees at the Annual General Meeting on 5 November 2U24. then re-appointed as trustees at a Board meeting, also held on 5 No¥efiibei 20£4. resi r)pd as were Independent Examiner Governing Document Salvesen Community Football Club is a single-tier SCIO (Scottish Chartered Incorporated Organisbtion) and was registered with OSCR as a charity on IS August 2023 The SCIO is established under its CoD5titution, dated 15 August 2023, which set out its structure, its charitable purposes and powers. Recruitment, Appointment, Role and Responsibilities of the SCIO Board The members of the SCIO Board are the charity trustees for the purposes of charity law. The 8oard may appoint any person to be a charity Irustee by way of a majority vote at a Board meeting. At eachAnnual Salvesen Community Football Club sao Report and Accounts Year to 31 M•rch 2025 Trustees, Report {continued) General Meeting IAGM), any trustees appointed during the period since the preceding AGM Ibut excludin8 any reappointed in the period) and one third of the remaining trustees shall retire frthm offi"ce,
selected as being those who have been in office longest since they were last appointed or rtrappointed. A retiring trustee will be eligible for re-appointment at the next Board Meeting. Each trustee has a duty, in exercising funrtions as a trustee. to act in the interests of the orga ization. Objects of the Charity The objects of the Salvesen Community Football Club SCIO are to increase participation of loung people in sport and physical activity. The club was founded in 1953 and has been offering football to children from the local c(mmunity for almost 70 years. Due to the re-development of Forresters/St Augustines's schools, the Salveson clubrooms on the historic school campus were demolished which has resulted in the club's football *tivity being spread over four different venues. Charitable status is the first step in Salvesen Community Football Club SCIO'S ambition to rè-establish a single site where all training and matches can take place. re-establish our position in the community and create a first class facility for current and future players. It will allow hundreds and adults, aEed 2-75 to play sport on a regular weekly basis. With the re-established Salvesen Hub, it will create citizenship and community and provide a welcoming space for local community groups to use alongside the football club. Working in partnership with local agencies and organisations. the club will create opportunities for the wider community who,will benefit from walking clubs, youth clubs and the new Salvesen refugee football team. Through our sporting programmes, we will provide volunteering, work experience and employment opportunities for young people. In partnership with Forresters High School, we hope tr) start an Alternative Schools programme for teenagers struggling to attend school and help them re-engage positively. The charity will initially target the provision of sportTng opportunities for young people, many of whom face a lack of both positive opportunities and sense of identity. However, in the medium to long term, Salvesen Community Football Club SCIO will also the a community facility which will sit in the heart of the community, providing opportunities and benefits for all ages and abilities. Achievements and Performance Salvesen Community Football Club SCIO are in the process of growing back to the size and st&us of the club prior to the re-development of the Forresters/St Augustine's campus and the loss of our ¢lubhouse and facilities. From the new project inception, Salvesen Community Football Club is now over >x) strong and continues to increase regularly. Salvesen Community Football Club SCIO Report and Accounts Year to 31 Mh 2025
Trustees, Report (continued) Flnanclal Review The results for the year are set out on pages 7 to 11. The charity's second financial accounting period covers the full year to 31 March 2025 and that fact limits the usefulness of comparisons with its hr5t accounting period as a SCIO from 15 August 2023 to 31 March 2024. The year to 31 March 2025 showed an overall surplus of £1,11612024- £24,872). This comprised a surplus on unrestricted funds of E12,325 (2Q24-£16,7341 and a deficit on restricted funds of £11,209 (2024-Surplus £8,138). It is also worth noting that the h.rst accountin& period to 31 March 2024 beneh'tted from the transfer of £22.968 of funds frorn the Salvesen Community Football Club prior to its establishment as a SCIO. In terms of restricted funds. the receipts and payments in the year to 31 March 2025 produce a deficit of £11.20912024- Surplus of £8,138>. This outcome means that there is an overall defi'cit of £3.071 on restricted funds as at 31 March 2025- which is being SUPPOrted by the cumulative surplus 01 £29.059 on unrestricted funds. Match fees received from all players amounted to £85.89212024-£41,395) and these were sufficient to cover the match-relate(J costs of £78,37012024-£35.5531. As well as the investment in coaching fees of £8,534 (2024-£7,6101, a further £4,765 (2024-£12,9271 was commirted to the purchase of new strips and other football equipment. Plans for future perlods Salvesen Community Football Club SCIO plans to show how facilities can be developed and m4naged by local grassroots sports club working in collaboration with schools. local authorities, fundin8 bodies and local communities. By doing this firsl phase, we will have gained a base to call home to f<ilitate the growth of the club and further our objectives in the community. Our proposal would see new, modern investment in sporting facilities, combined with a new tommunity asset, that will help create a legacy impact for physical activity and many other social and ¢ommunity outcomes for decades to come. On behalf the8 I i ed5urer 10 October 20 5alvesen Communfty Football Club SCIO Report and Accounts Year to 31 Mbrch 2025 Independent Examiner's Report on the Accounts Report to the Trustees/Members of Salvesen Communlty Football Club (Registered Charlty Number SC052749) On the Accounts of the Charity for the year to 31 March 2025 (as set out on pages 7 to 11)
Respective responsibilities of the trustees and examiner The charity trustees are responsible for the preparation of the Accounts in accordance with the terms of the Charities and Trustees Investment Iscotlandl 2005 Act and the Charities Accounts (Scotlandl ReEulations 2(K)6. The charity trustees consider that the audit requirement of Regulation ICIII Idl of the Accounts Regulations does not apply. It is my responsibility to exaffline the Accounts as reouired under section 4411) (c) of the Act and to state whether particular matters come to my attention. Basis of independent examiner's statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts {Scotlandl Regulations 2L106. An examination includes a review of the accounting records kept by the ¢harity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning Stsch matters. The procedures undertaken do not provide all the evidence that would be required in audit and consequently. I do not express an audit opinion on the accounts. Independent examiner's report In the course of my examination. no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requiremerts; to keep accounting records in accordance with settion 44111 (a) of the 2¢X15 Act and fftegulation 4 of the 2CK)6 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Rewlation 9 of the 2006 Accounts Regulations have not been met, or to which, in my opinion. attention should be drawn in order to enable a proper understaoding of the accounts to be reached. Signed.. Date: 10 October 2025 Ad
Salvesen Community Footbaii Club SCIO Ststement of recelpts and payments Report and Accounts Year to 31 March 2025 No Unrestricted Funds Restricted Total , Unrestricted Funds l Funds Funds Restricted, Funds ' Total Funds 2025 2025 , 2025 2024 2024 2024 Income from.. Donations and legacies Receipts from fund-raising activities 13,889 13,889 25,648 25,648 3,897 21,233 25,130 5,765 26,634 32,399 Income from investments other than land and buildings Gross receipts from other charitable activities 315 315 196 196 Total Income Expenditure on: Payments directly related to charitable activitie5 Total Expenditure Net Income/ (Deficit) i(Lz Net Movement in Funds
Funds brought forward Net Income 16,734 8,138 | 24,872 12 138 Funds carried forward The statement of financial activities includes all gains and losses in the year to 31 March 202d All incoming resources and resources expended derive from continuing operations.
Salvesen Community Football Club SCIO Report and Accounts Year to 31 March 2025 ststement of balan$ At 31 March 2025 2025 2024 Note Cash and bank balances at stsrt of year | Surplus shown on receipts and payments account 24,872 Cash and bank balances at end of year ,' Other assets Liabilities signed on its behalf by.. %iirer
Salvesen Community Football Club SCIO Report and Accounts Year to 31 Mah 2025 Notes to the Flnancial Statements Accounting Policies Basis of Preparation The accounts are prepared on a receipts and payments basis, which means that they reflect purely the flow of funds coming into and out of the SCIO'S bank accounts for the finalicial year to 31 March 2025. Receipts from Donations Unrestrirted Restrirted Funds l Funds l Total Unrestricted Restricted I Funds l Funds Funds Total Funds 2025 2025 2025 2024 2024 2024 Transfer of Funds from Salvesen Football Club on Formation of SCIO 22,968 22,968 Donations & Sponsorship Receipts from fund-raising artlvities Unrestrirted Funds Restrirted I Funds Total Unrestricted Funds Funds Restricted Funds Total 7 Funds 2025 2025 2025 2024 2024 2024 Fund-raising: Barcelona Trip 12014 Age Group) l General Fund-raising Activities: 26,634 6,634 5,765 1 aL io
Salvesen Community Foot11 Club SCIO Report and Accounts Year to 31 March 2025 Notes to the Flnanclal Statements (continued) Gross receipts from other charitable activitles The total of gross receipts comprises the aggregate of match fees received from all ot the players for each of the separate football teams. Analysis of Payments Unrestrirted Restrlrted Total Unrestrirted Restrlcted Totsl 2024 2025 2025 2025 2024 2024 Activities Match-related costs {including pitch hire & referee fees) I Coaching Fees Purchase of Strips/ Kit 78,370 78,370 35,553 35,553 8,534 8,534 7,610 7,610 4,764 4,764 12.927 12,927 Team Activities/ Trips 32,442 32,442 Costs of Barcelona Trip 12014 Age Group) Other Assets 2025 2024 li
Football Strips & Training Equipment Outstanding Match Fees 2,684 6,963 Salvesen Community Footb•ll Club SCIO Report and Accounts Year to 31 March 2025 Liabilities 2025 2024 Edinburgh leisure- Pitch Hire Coaching Fees Other 4.786 4.431 2,210 1,280 12