IRVINE MEADOW FOOTBALL CLUB CIC

Company Registration Number:
SC546408 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

IRVINE MEADOW FOOTBALL CLUB CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

IRVINE MEADOW FOOTBALL CLUB CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The Company's Principal activity was running a semi professional football club for the benefit of the local community.

Company policy on disabled employees

The Company policy is to hire disabled persons whenever practicable.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Brian Lamb
Robert Jeffrey
James Stewart Griffiths
Craig McCallum
Joseph Ross Weeks


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 August 2024

And signed on behalf of the board by:
Name: Brian Lamb
Status: Director

IRVINE MEADOW FOOTBALL CLUB CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 26,818 31,084
Gross profit(or loss): 26,818 31,084
Administrative expenses: ( 140,361 ) ( 124,666 )
Other operating income: 111,189 94,096
Operating profit(or loss): (2,354) 514
Profit(or loss) before tax: (2,354) 514
Tax: ( 98 )
Profit(or loss) for the financial year: (2,354) 416

IRVINE MEADOW FOOTBALL CLUB CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 555,147 554,177
Total fixed assets: 555,147 554,177
Current assets
Debtors: 4 9,475 11,500
Cash at bank and in hand: 66,705 54,153
Total current assets: 76,180 65,653
Prepayments and accrued income: 5,158 8,791
Creditors: amounts falling due within one year: 5 ( 12,668 ) ( 8,321 )
Net current assets (liabilities): 68,670 66,123
Total assets less current liabilities: 623,817 620,300
Accruals and deferred income: ( 5,420 ) ( 9,599 )
Total net assets (liabilities): 618,397 610,701
Capital and reserves
Called up share capital: 170,650 160,600
Other reserves: 400,000 400,000
Profit and loss account: 47,747 50,101
Total Shareholders' funds: 618,397 610,701

The notes form part of these financial statements

IRVINE MEADOW FOOTBALL CLUB CIC

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 August 2024
and signed on behalf of the board by:

Name: Brian Lamb
Status: Director

The notes form part of these financial statements

IRVINE MEADOW FOOTBALL CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IRVINE MEADOW FOOTBALL CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 28 28

IRVINE MEADOW FOOTBALL CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 520,000 49,555 64,000 633,555
Additions 5,520 5,520
Disposals
Revaluations
Transfers
At 30 June 2024 520,000 55,075 64,000 639,075
Depreciation
At 1 July 2023 15,378 64,000 79,378
Charge for year 4,550 4,550
On disposals
Other adjustments
At 30 June 2024 19,928 64,000 83,928
Net book value
At 30 June 2024 520,000 35,147 0 555,147
At 30 June 2023 520,000 34,177 0 554,177

IRVINE MEADOW FOOTBALL CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Other debtors 9,475 11,500
Total 9,475 11,500

IRVINE MEADOW FOOTBALL CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 98
Accruals and deferred income 5,016
Other creditors 7,652 8,223
Total 12,668 8,321

COMMUNITY INTEREST ANNUAL REPORT

IRVINE MEADOW FOOTBALL CLUB CIC

Company Number: SC546408 (Scotland)

Year Ending: 30 June 2024

Company activities and impact

Running a semi professional football team for the benefit of the local community through participation and spectating with the provision of social facilities. Running a club for retired people ( wednesday club ) for retired people to tackle social isolation and loneliness. Providing facilities for the local community.

Consultation with stakeholders

The semi professional stakeholders are the stakeholders who own the club. The CIC is overseen by a Board of Directors, the football team is run by a separate committee made up solely of volunteers. Communication is provided on a daily/weekly basis through the clubs social media platforms. An AGM IS also undertaken for shareholders. The Wednesday club for retired people is run by another committee

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 August 2024

And signed on behalf of the board by:
Name: Brian Lamb
Status: Director