– Friends of Velocity Annual Report and Accounts
– Period covered: 1/2/24 31/1/25
– Report Date 28/11/25
The Friends of Velocity has once again had a difficult year as we continue to monitor the health of 2 of our Trustees – Claire Jackson and Dave Norman. Claire has sadly been diagnosed with breast cancer, although is making a good recovery and Dave continues to recover from a chronic health condition.
As such we have not been in a position to engage on any fund-raising activity. We have however approved one grant from the funds currently in our bank account. This £1000 grant was to contribute towards the cost of some equipment that would benefit the gymnastic and trampoline participants, which includes the disabilities group.
We have also pre-approved a further £150 grant to contribute towards the tuition fees for a neurodivergent club member who wishes to go down the pathway of obtaining a coaching qualification. We are awaiting finalization of his course details before this is paid.
Our plan for 2025-26 is to potentially appoint 2 new trustees and then re-engage in some fundraising activity.
– Accounts for 1/2/24 31/1/25
Starting Balance (1/2/23) - £1675
Paid in - £0 (fundraising activity) Paid out - £1000 (1 grant paid)
Closing Balance (31/1/24) - £675