REGISTERED NUMBER: SC524981 (Scotland)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

EAST KILBRIDE FOOTBALL CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I Gilchrist

P Hickey

P Kean

S Miller

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

G32 8FH

BUSINESS ADDRESS:

K-Park Training Academy

Calderglen Country Park

East Kilbride

G75 0QZ

REGISTERED NUMBER:

SC524981 (Scotland)

AUDITORS:

McDaid & Partners

Chartered Accountants

Statutory Auditors

Stanley House

69/71 Hamilton Road

Motherwell

Lanarkshire

ML1 3DG

FIXED ASSETS

Intangible assets

4

-

18,151

CURRENT ASSETS

Debtors

5

3,500

12,223

Cash at bank and in hand

62,378

80,652

65,878

92,875

CREDITORS

Amounts falling due within one year

6

51,930

26,611

NET CURRENT ASSETS

13,948

66,264

TOTAL ASSETS LESS CURRENT LIABILITIES

13,948

84,415

RESERVES

Retained earnings

13,948

84,415

13,948

84,415

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2026 and were signed on its behalf by:

P Kean - Director

1.	STATUTORY INFORMATION

East Kilbride Football Club Limited is a private company, limited by guarantee , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable in the normal course of business, net of discounts, VAT and other sales related tax.

Gate receipts and other matchday turnover are recognised in line with when the games are played. Prize money in respect of cup competitions is recognised when earned. Sponsorship and similar commercial income is recognised over the duration of the respective contracts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Player registrations are being recognised evenly over the length of the player's contract. The company assesses at each reporting date whether there are any indicators of impairment.

Fees receivable from other football clubs on the transfer of players' registrations are dealt with through the profit and loss account in the accounting period in which the transfer takes place.

Financial instruments

Trade debtors

Trade debtors are amounts due from customers for goods or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade creditors are amounts due to suppliers for goods or services obtained in the ordinary course of business.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Cash

Cash and cash equivalents are basic financial assets and include cash on hand, deposits held at call with banks, other short-term liquid investments and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Donations received

Voluntary income is received by way of donations and is recognised on a receivable basis where there is certainty of receipt and the amount can be reliably measured.

Going concern

The current and future cash position of the company has been reviewed by the Board. This included a review of cashflow projections and other relevant information covering a period of one year from the date of approval of the financial statements.

The Board have considered the level and timing of any additional funding that may be needed and are satisfied that any such amounts will be made available as and when required. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Player

registrations

£

COST

At 1 August 2024

39,186

Additions

3,250

Disposals

(14,750

)

At 31 July 2025

27,686

AMORTISATION

At 1 August 2024

21,035

Amortisation for year

17,725

Eliminated on disposal

(11,074

)

At 31 July 2025

27,686

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

18,151

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

8,723

Other debtors

3,500

3,500

3,500

12,223

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

8,510

4,783

Taxation and social security

19,034

11,141

Other creditors

24,386

10,687

51,930

26,611

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Nicholas Dott CA (Senior Statutory Auditor)

for and on behalf of McDaid & Partners

8.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.