Sporting Opportunities ISLE OF WIGHT REPORT OF THE TRUSTEES FOR THE FINANCIAL st st PERIOD l April 2024 to 31 March 2025 Durin8 the period to which this report refers Sporting Opportunitie5 Isle of Wight {SOIW) continued to provide opportunities for adults and young people with learnin8 disabilities living on the Isle of Wight to participate in sport includin8, where possible, participating in competition. SOIW is an entirely volunteer run or8anisation and has no employees and none of the volunteers received any remuneration. During the period of this report, SOIW athletes continued to partlcipate in athletlcs, Indoor bowls, swimming, table tennis and multi-sports. In addition, a new football section was formed. There continues to be enthusiastic demand for our training sessions and football and bowls sessions are effectively operatin8 at capacity. Trnining sessions generally were run weekly except durin8 school holidays. Although there contlnue to be relatively few competitions available for rnost of our athletes, our bowls players did take part in excellent competitions in Gloucester and Winchester and achieved notable success. In addition, for the I" time in some years, our athleties section participated in a cornpetition with very evident joy and jubilation. We are very grateful to the volunteer coaches that led our trainin8 sessions and to the venues that allow us to use their facilities at no charge or at a discounted rate. We are also grateful to Freshwater Lifeboat who, in support of their aim of preventing death by drownin8, paid for the hire of the pool for our swimming lessons for a second year. 2 of our Trustees have stood down for family reasons and we welcomed 2 new Trustees who have assumed the positions of Chair and Safeguarding Trustee. In addition, we have expanded and stren8thened our management committee. The governance of the charity 15 in good shape. With increased fundraising effort and payment of subscriptions by our athletes SOIW made Small surplus during the year. As a result, SOIW finances are also in 8ood shape. It is very pleasing to see the very obvious Positive effect that takin8 Part in sport is having on the wellbein8 and fitness of our athletes.
SPORTING OPPORTUNITIES ISLE OF WIGHT SUMMARY OF ACCOUNTS 1ST APRIL 2024 TO 31ST March 2025 INCOME DONATIONS & FUNDRAISING Spencer5 Decorative Glass Harrigan and Cameron D Tolley Birthday fundraising Mill Bay Quiz Night Fun Day £750. £225.00 £275.01 £360. £871.40 £2.481.41 £2.481.41 ATHLEfE CONTRIBUTIONS Subscrpiptions Competitions £2,361.76 £905. £3,266.76 £3.266.76 £5.748.17 TOTAL INCOME EXPENDITURE COMPETIT1014S Gloucester 8ow15 Winchester 8owls £2,466.67 £261.75 £2,72S 42 £1728.42 DBS Checks Purchase of Kit Hire of trainin8 lacilities Insurance £66.(K) £1.409.41 £S24.97 E287.44 £2.287.82 f2,287 82 .L116.24 TOTAL EXPENDITURE SURPLUSIDEFICIT £731.93 BANK BALANCES alance at 11412024 8alante at 311312025 5urplus/deficlt £7.086.50 £7,818.43 £731.93 Appmved CJ BEANE (Treasurer) Tolley (Chairl