Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 Scottish Charity Number.. SC040699 Charity Coininissioii Numbcr.. 287106 Conipany Nuniber: 01681335 (England and Wales) The Uphill Ski Club of Great Britain TIA Disability Snowsport UK A company limited by guarantee Annual Report and Financial Statements for the year ended 31 March 2024 |+P Innes & Partners Chartered certih.ed Accountants
Doojsign Envelote ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snowsport UK Contents Page Rcport of thc Trustccs Independent Auditor's Report to the Members and Trustees 14 Statement of Financial Activities (incorporating the Income and Expenditure Aecouiil} 18 Balancc Shcct 19 Statcment of Cash Flows 20 Notes to the Financial Statement 21
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snowsport UK Report of the Trustees for the year ended 31 March 2024 The trustees, who are also directors for the purpose of company law, present their report and the account5 of thc chlty for thc Ye eiidcij 31 Mch 2024. The financial statements have been prepared in ac¢ordan¢e with United Kingdom A¢counting Standards, including Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in thc UK and Republic of Ircland, (FRS102) (cffectivc l January 20151, the Stateinent of Recoininended Practice (SORP) 2019 "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" the Companies Act 2006, the Charilics and Trustce Investment (Seotland) Act 2005, tlie Charities Accounts (Scotland) Regulations 2006 {as amended), Ilie Charities Act 2011, and the Charity (Accounts and Reports) Regulations 2008. Objectives and Activities Snoivsport for EN'eryone: we do and why Disabled children and adults often experience barriers to taking part in activity. It can be difficult lo find suitable opportunities and sustain activity over time. Research shows that.. Three quarters of disabled people would likc to be more active. 2. Disabled children's activity levels decrease as they gel older 3. Disabled people are underrepresented in qnowsport This mattcrs bccausc thcrc morc than 6.9 million pcoplc of working agc in thc UK and 770,0(A) disabled children. Disability Snowsport UK s vision is ofmountains andskt slopes freefrom barriers, where diJubledpeople learn und luke pur¢ alo$1defu1lY,.f¥ndj- und c'ommunity. It's our mission to make snowsport accessible for everyone; regardless of disability, injury or experience. We do this so that disabled children and adults, and their families can enjoy the freedom, independenve and healili benefits of being aclive through snowsport. We do this by: Providing expert adaptive teaching and activities for individuals, families and groups across the UK Providin¥ holidays in the UK and worldwide Providing social and recrcational skiin¥ groups Working with govcming bodies, training orgliSatIOnS and partners to widcn access, incrcase awarei)ess and share knowledge Page I
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Objective5 and Activities (continued) Strategy: Snoivsport tor Everyone Jn 2022. we undertook extensive research and consultation with our members, clients, and other stakeholders. A strategy waq pmduced for 2022 - 25 with focused areas of activity What was clear from this consultation is that disabled people still face baniers to taking part in sport and activity as a way of living a healthy, active and connecred life. Our members tell us that the Disability Snowsport UK community is important to them. They value the inclusive approach of our work IT) providing the tools, facilities and support they need and want to live well. The question at the heart of all our work is "What do disabled people need from Disability Snowsport UK'P" This challcngcs thc charity and thc ski and snowboard scctor to bc inclusivc and wclcoming for all. The two key problems identified are.. Disabled people often feel excluded or worried about taking part in sport and activity, even thou they want a healthy, active and well-rounded life. The snowsport sector isn't currently as inclusive as it could or should be. We aim to solve these problems through four strands of activity. A srrong adaptive snowsp)rt coininunity; an inclusivc snowsport sector. fundraising with PULpose; and a sustainablc rcsilient organisalion. These activities are led by our values.. Welcoming.. We welcome everyone and support inclusivity for all. Listening-. We recognise that each person is the expert in their own life and condition, and an equal participant in their own snowsport journcy. We listen to Icarncrs, members. Staff, volunteers, and partners ro respond to the needs of our community. Challenging and Supporting.. We ivork in partiiership willi individuals and organisations to help people to unlock their potential, offering practical support to help everyone achieve their goals and make progress that is meaningful for each person or partner organisation. Transparent.. We are committed to being open, fair and honest in person, in giving feedback, and across all thc charity's work. Review of our Achievement and Performance A Strong Adaptive Snow5POrt Community: The previous year had been one of consolidation after emerging from the pandemic. This year has seen the charity build on this to widen the range of opportunities on offer across the country. By providing 4,526 lesson.q in 2023-24 we exceeded the goals we sel for the year by 190/0 (3,558 lessons in 2022123). We worked with more Ihan a thousand disabled children and adiiltq. These activities took place at nine snowsport schools across the UK, including.. Three indoor snow centres- Snow Dome, Tamworth. c.hill Factore, Manchester; The Snow Centre, Flemel Hempstead Five outdoor dry slopes- The Hill, Rossendale; Glasgow Ski & Snowboard Centre- Bear5den Snowsports Club; Glasgow; Midlothian Snowsport Centre; and Sandown Ski. Cairngom] Mountain, Scotland. Page 2
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snowsport UK Report of the Trustees for the year ended 31 March 2024 Review of our Achievement and Performance (continued) This incrcasc of 270/0 wa5 hclpcd by thc introduction of inore group activities. Thesc includcd the Our Club after school club in TainNN'orth, monthly exclusive use sessions of the Chill Factore slope in Manchester, development ¢oa¢hing in the Snow Centre in Hemel Hempstead and the addition of a new school at Bearsden Snowsports Club in Glasgow. Another driver of this increase in nuinbers is our focus on working in partnership with other disability and sports organisations. We have actively increased our outreach work with partners to help new learners access snowsport and yaise awarelless of the opportunities available. Partners include.. Physio 4 You, Sense, TAG Youth, Treloar School, Mencap, PHAB, Nova Sports, thc Rugby Football Union Injurcd Playcrs Foundation, Blcsma, Aldcnvood Carc Homc, Scottish Lellg Disdbility Sport dnd many othcrs. There are countless stories from one-to-one lessons, family lessons, after school clubs, closed slope sessions, sumn]er clubs and groups where people have exceeded their dreams. The online reviews give conqiqtently high feedback scoreq, and an overall rating of five stars. The reviews give a snapshot into the impact for our learners, members and participants.. 'Thi¥ .se.8.¥Eort kd.s. heL'n.fanttt.¥tic enubling a young nzllrt to httve the opportunitv to leilp-n to.¥ki and achieve someihing reD7arkable. ' We are beyoiid a¥cited andgraleful ihal our child canparlicipale in somethipig ihai brings him .$0 undjoy. 'My H'a3 beuFpiing wilh dÉ.lighi Ihui he H'u.5 on ihe 3lope ui ihe 3am6, liFpie us hij broiher andJYEeAd.%. Can t reLommertd L)iiough. Broughi iettr.s to mjy Lye.f. ThaKLf u million. Local groups Across the UK there are 9 local groups. The local groups are a central part of Disability Snowsport UK'S work. They are volunteer led aiid offer recreatioiial, social siiowsport at Pcndle, Manchcstcr, Heinel Hempstead, Milton Keynes, Castleford, Tainworth, Tunbridge Wells, in the Souiheasl, aiid in Edinburgh and outdoors in Scotland. Hundreds of volunteers, skiers and qnowboarders take part each month. The Edinburgh local group is still paused, and it will be a PLlOrity foi the year ahcad lo get this running again. The friendship, and activiiies offered by these groups would simply not exist wiiliout the support of d¢dicated volunteers. The groups enabl¢ skiers and snow boarders to progress beyond taking lessons, to practice their skills and become part of a community. The staff team help the groups provide safe activities with risk assessinenls and other practical guidance such &s safeguarding, volunteer logbookq and training. Disability Snowsport UK thanks every volunteer for their Commitment, whether that is on slope or behind the scenes. Committee members provide the vital support each group needs to succeed, and DSUK notes its thanks lo this dedicated group of people. Page 3
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Review of our Achievement and Performance (continued) Holiday programme Jn February artd March 2024, we provided five weeks of holidays for members and one week in partnership with the Rugby Football Union Injured Players Foundation in Arinsal and Soldeu, And0a. This is an additional two weeks on the previous year's programme and included Soldeu as a new location and a new developincnt week for stand-up skiers. The stsnd-up week enabled skiers and snowboarders to spend time in group sessions as well as one to one learning, and a visil lo a neighbouring resort. 108 disabled skiers, snowboardeTS, their friends, carers and families benefited from these trips. They wcrc supportcd by a tcam of voIuntcc from DSUK, Crystal holidays and indcpcndcnt voluntccrs. We work in partiier5hip with the local tM in Pal Arinsal lo provide Ihc dddptivc piogrdmme. The trips provide a wonderful opportunity for people to develop their skills, friendships and confidence in a welcoming cnvironment. We asked people what the best thing about their trip was. Here are some of the things they told us.. MJJ skiing improved and mel some amazingpeople. The views on the mountain were breathtakng. Seein¥pei)ple achieve more than they thought. All of Et able to be mvself ivith help. Achieving iieTrtr things. The suppopy network crealed by DSUK. The holiday programme is made possible through our partnership with Crystal Ski. Their support is critical to the smooth running of the programme and the volunteers they provide are fundamental to thc success of each holiday. Our thanks go to the stsff and volunteers of Crystal Ski for their sUPPOrt. It is our ambition to offer a wider ranging programme in future. However, Brexit related changes to working and volunteering in the European Union mean that we are currently limited to working in non-EU couniries whilqt we negotiate with partnerq in Auqtria and elsewhere to clarify the rules thar relate to volunteer guides operating in those countries for snowsport activities that are not pcrformancc coaching or compctition. An In¢lusive Snoivsport Sector: Disability Snowsport UK knows that it is only through working with partners and encouraging others to think more about accessibility that we .111 be able to welcome more disabled children and adults to the world of snowsporL We actively work 1th others to open opportunities for disabled people, their families and carers. Diqability Snowsport UK has a cloqe working relationqhip with Snowsport Scotland and the deelopment pathmway for the UK. We work to support activities such as the development sessions and pcrformancc coaching as wcll as thc Parallcl Lincs racc scrics which offcr opportunitics for disablcd skiers and snowboarders to challenge themselves and improve their skills in a different setting. Page 4
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Revie of our Achievement and Performance (continued) Wc havc d numbcr Snow Camp apprcntlCCS across thc sct]ools. Thc apprenticcships offer young people the opportunity to gain work experience and qualifications in the snowsport industry which enables them to broaden their horizons and breakdown barriers. After successfully completing their apprenticeships, we have continued to employ these young people in our schools across the country. Working with businesses in ihe sector to support their understanding of the issues facing disabled travellers and customers will help to include more disabled people and welcome eTreryone to snoivsport. Wc do this by providing voluntccring opportunities, inforniation and PLaetical guidance. Corporate partners help raise awaraiess of the opportunities available for disabled people. Thc British Association of Snowsport Insttijctors also work with Disability Snowsport UK to understand Ihc needs of the adaptive workforcc in the UK offci suitable upportunilics for people to qualify wilh the necessary specialist skills and knowledge to work wilh disabled people. Raisin We actively work with the snowsport press to raise awareness of adaptive skiing. We also attend industry conferences and events to ensure that more people knoTh how they can remove barriers for disabled Skie and make our mountains, centres, and travel more widely available for those with access needs. Artendiiig disability events and conferences also help potential participaiits learn about what is available for them. awareness Fundraisin with Diiting the reporting year income froin donations and legacies was £300,635 (2023- £464,699- an 18 month pcriod) of which Ll 73,886 was unrcstrictcd {2023.. £361,577- an 18 month pcriod) which wc can use lo support any activity. osc.. Fundraised income enables the charity to keep costs at or below the same level as non-disabled skiers. It is important for the sustainability of the organisation and our focus during this strategy year is on diversifyillg inLome slreain5 SO thul we are not overly dcpciident on aiiy one source of support. The trustees have supported the development of the fundraising team over the last year so that the charity can coniinue build longer term 8u8tainability and continue to rebuild re.qerve8 after the challcnging pandcmic ycats. The generosity and thoughttulness of individual donors remains at the heart of our ability to support disabled people across the UK. whether through monthly donations, legacies or participation in fundraising activities. In order to minimise risk for the charity, our focus has shifted towards encouraging fi]ndraisers to take part in third party events, such as the London Marathon. This is a move away from large, liine consuming self_organised events. DSUK rcmains gralcful to every pcrion who has gone to grcat lengths to raibe moncy for us or who continue to siipport us through their gifts. Coryoratc partnerships play a significant role in supporting us to be able to make the snowsport sector Inore inclusive. Brigade F.lectronics, Consensio, Trix Ski, Ilerghuas, Sensas, Ellis Brigham, Travel Booker, IGLU Ski and Crystal Ski have helped make our work possible during the last year. Page 5
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Review of our Achievement and Performance (continued) Fundraisin with osc continucd The suppo[1 we receive from Charitable Trusts and Foundations is vital to providing affordable and acceqsible opportunities for learners. We are very grateful to the following trusts.. 29th May 1961 Charitable Trust, CRH Charitable Trust, Sir Edward Lewis Charitable Trust, Stafford Trust, Bruce Wake Charitable TLUSt, B Titford Bridge Trust, Postcode Neighbourhood TNst, Eveson Trust, Tillyloss Trust, Dr Guthrie's Association, Tom Hall Charitable Trust, The Clover Trust, Garfield Weston Foundation, Zochonis Charitable Trust, Findlay Charitable Trust, Hedley Foundation, St. James's Placc Charitable Foundation and others that wish lo remain anonymous. Our thanks go lo the trustees who have supported our work and recovery. A Sustainable Resilient Organi5ation: It is a priority for the charity that the organisation is fit for purpose, resilient and puts our members and Icarncrs. nccds at thc for¢front. Regional management structure During the year, our long-standing Technical Director, Sieve Smaje, retired and we restructured the snowsport manager5, roles lo bctter reflect the ivork of thc charity today. We now have a regional stn]cture which includes the Midlands, South and North of England and Scotland. Building on development work funded by Swrt England in 2021,.22, this meai)s that our managers are more outwardly focuqsed. The team spend time developing relationships with new and existing partners that include disability organisations, allied health professionals, clubs and facilities, and othcr snowsport orgaiiisalion5. By working with rcgional partncrs, wc can raisc awarcncss of thc opportunities available for disabled people to be active. Each manager has also L4ken responsibility for one key aspect ot the charity's work on a UK Thide basis. This iiill enable us to bc more strategic across some of the fundamental aspccts of crcating a stronger organisalion. This includes asset management, operational risk and health and safely, training and development of knowledge and opportunities for learners with learning disabilities and additional needs. ImporLgntly, the new way of working will enable better succession planning within the delivery areLs of thc organisation with Icad and scnior instructors taking a morc activc rolc in thc day to day magement of the school5. voluteer.¥ Volunteers are central to the Disability Snowsport UK community and conttibute hugely in a variety of ways.. In our local groups, volunteer instructors, helpers and organisers commit their tim¢ very regularly at slope sessions throughout the year. Our overseas holiday weeks include volunteer instructors, each of whom gives at least a week to Pdrticipatc, and also a numbcr of hclpcrs who voluntccr thcir SC1Cc5. DSUK'S fundraising cfforts arc rcliant on voluntccrs. Wc havc voluntccrs who "fly thc flag" at events alongside our staff; volimteers who help lo organise and participate in fundraising events such as the Santa Run. and individuals who give up their valuable time to set up tundraising events and challenges from wm.ch they donate the proceeds to us. Our trustees give their time generously both in fomially governing the charity and, more extensively. in promoting and supporting the charity. Page 6
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Reviem of our Aehievement and Performance (continued) r(Jdiic'liopz c7pid men7ber en emenl.. Diqability Snowsport UK is more than a snow.qport provider, we are a disability membership organisation too. It is central to our values that people with lived experience are at the heart of our decision making. The Skiers & Snowboarders Involvement Gro SSIG was fom]ed as a vehicle to improve thc representation of disabled skiers and snowboarders in organisalional decision making and all aspecrs of DSUK'S work. It acts as an iniernal advisory panel. The SSIG meets around six times a year and has contributed to development of policies, Inembership consultation on governance and strategy. The SSIG works closely with the senior management team and repreq¢nts members across the charity. An annual member survey was introduced and more regular meetings with staff and trustees are taking place, including a ne. fonnat for general meetings. Public bene it slatellienl The trustees confirm that they have coinplied with section 4 of the Charities Aet 2006 to have due regard to the Charity Commission's general guidaiice on public benefit, "Charitable purposes and Public Benefit" DSUK'5 chtable pUoSe is cnshrined in its objects "to providc facilities for compctition, rccreation and other leisure-lime activities, following principles of quality and safely and in the interests of social and therapeutic welfare." The trustees ensure that this purpose is carried out for the public benefit by delivering services that are valued by skiers with impairments, enabling them to participate alongside non-disabl¢d ski¢rs. DSUK'S work achieves real results in building personal skills and confidence of our skiers, and this has an impact in enabling them lo transfer that gain to their everyday life. Tlie ethos of the charity is to make the qame opportunities available to.qkierq with disabilitieq aq those available to noii-disabled skiers. We are committed to extending our reach and are actively expanding our services across the country. Finaneial RevieTrv Following advice from Innes & Partners, the charity changed its financial year from an October- September year to a standard April- March year. The change meant that the previous year's figures were from an 18-month period, October 2021- March 2023. This year's accounts are based on th¢ new financial year of April 2023 - March 2024. This ineans that our turnov¢r looks like it has reduced, when we have qeen an overall increase in activity during 2023-24. overall osilio During the financial year DSUK reported a defLCit of £27,596 (2023.. deficit of £25,168)- Total income was £794,146 (2023.. £1,027,927 an 18 month period), and total expenditure was £821,742 (2023.. £1,053,095 an 18 month period). Page 7
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Financial Review (continued) The lasting impact of the pandemic on delivery and fundraising meant that the charity has had to draw on its rcscrvcs during thc reporting ycar to prcsCC thc spccialist tcam supporting disablcd pcoplc across the UK. Cash ha5 bccn managed c105cly. Thc dcficit reported this year C], for thc most paTL be attributed to depreciation rather than cash losses. During the pandemic the tmstees look up the government's bounce back loan support. The £50,000 loan funding has not b¢en utilised and we are paying back th¢ loan. These funds ar¢ h¢lping the organisation to create sufficient reserves for the tuture. The trustees continue to seek to rebuild these rcservcs in thc ycars ahead with a planned approach to incoine generation aiid full cost recovcry. Overheads were containcd in 2023124 with everyone making cost reduction efforts. No redundancies havc bccn madc. A dclcgation of authority cnsurcs that cxpcnditurc is controllcd by kcy mcmbcrs of staff and the board. The Audit & Risk committee continue to meet monthly to ensure that the staff havc thc support thcy nccd to managc thc financcs of thc charity with prudcncc and support. Risk Management The trustees have identified that the main risks facing the charity fall into four categories.. strategic risk, financial risk, reputational risk a]Id operational risk. The managemcnt tcam mitigate thcsc risks by folloiwiiig slrat¥¥ies, plaiis dnd tK)lieies approv by the Board. The Board receii'es Inonthly financial rq)0rt8 and forecasts which it ¢onqiders in dq)th; and receives and considerq regular reports from the CEO. Thc b0d regullY rcNrycws the key risks, the Audit Risk committcc givcn specific responsibility lo monitor and act on risks identified. The principal financial risk is increased competition for nding and increased costs. This risk is mitigated by extensive reseaTch into each application by the management te8m and a ndraISing plan that operates across a range of incoine streams. We receive no direct Government funding and rely solely on grants, fi]ndraising events, voluntary income, legacies and the income from our adaptive snowsport schools and membehlp. We continued to further diversify income streams. The safety of our staff, skiers and volunteers is of pardmount importance. Health and safety monitoring pracliceq, dynamic risk assessment and monthly reporting of a¢cidents, incidents and near misses help lo highl]t and resolve any potential issues. Health & safety and operational risks assessments were rcvicwcd during the year and updated working fomiats are now in placc. The Audit & Risk Committee and the Board of trustees have reviewed our organisational risk register and crcatcd a ncw registcr dullng the last ycar. It has been review and fincsscd aficr a year of working with il aiid priorilises lop, conlrollable risks. The risk register is robust and supwrts our planning, including disaster recovery, succession, fundyai5ing key tte¢ ie5p0115ibilitits. Tlicrc is a trustcc wilh specific risk cxpcrtisc to SLbPPOrt this Itwlee responsibility. Page 8
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Reserves Policv Our target is to hold reserves that are adequate to see us through the out of season months. We need rese¢$ to undcrtakc specifiL pfojcLt5 at short noticc, and to covci thc admiiiislration, fundraising and support costs without which the ¢harity would not be able lo fvnclion. Reserves are also required to cover gaps in thnding. The charity drew on tree reserves for this purpose 3J)d to secure the ongoing operation of the chltY duiing the pandemic and recovery. After dL7wing on these tunds, we arc now focused on rebuilding the unrestrieted reserves. Unrestricted reserves are £99,861 (2023.. £104,943) of which £37,049 (2023.. £51,151} are designated fixed assets. This gives free unrestricted rcscrves of £62,812 (2023.. £53,792). Restricted rescrvcs are £41,609 {2023.. £64,123). We have assessed our long-tenn cash flow requirements and have deemed £IOO,O(M) of total funds to be thc Icvcl which would allow us to continuc opcrations throu thc out-of-scason months it rcquircd. Thc current free reserves fall below this target as we have drawn on these during the pandemic. In order to ensure sufficient working capital, we took up the bounce-back support that was offered to businesses in the UK. These funds remain iingfeneed and have not been utilised to date. The £50,000 bounc¢ back loan fund is being repaid and trustees are satisfied that the charity's r¢s¢rves are sufficient lo cary us through the year ahead. The financial planning for the year ahead includes rcbuilding thc5c rc5erve5 to a MO robust Icvcl. The trustees will review the current reserves policy during 2024 to assess whether it should be updated and if it is still appropriate to the charity's needs. Our toLql reserves are £141,470 (2023.. £169,066}. Of these, sorne £68,373 (2023= £91,125) is reserved to pay for the depreciation of our buildings, vehicles and equipment. Our cash reserves are held in interest paying accounts. We do not make grants to other organisations. We belieiwe that we have sound day-t041ay processes for handling cash and reporting incorne and expenditure. A dclcgation of authority is in placc for thc CEO and senior managcmcnt tcam so that all cxpcnditurc is properly managed, and decisions are taken at the cotteet level within the organisation. This is reviewed annually. Plans for the Future Disability Snowsport UK'S strategy period has now been extended to April 2026 after the adjustment to the timing of the financial year. We remain focussed on the four key pillarq of activity described aboi'e and during 2024-25 we ,711 continue to provide lessoiis, activities and holidays aiid will also: Focus on fundraiqing aq the top priority for the charity. We will improve planning and strategy in this area to ensure we have the right people, tools and capacity to support the organisation and mcmbcrs cffcctivcly. Lead a working group lo develop a state of nation report for the snowsport sector on inclusivity and accessibility for disabled people. Support BASI and national governing bodies to improve the range of adaptive qualifications on offer. Page 9
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Plans for the Future (continued) Create and provide iiiformation resources for allied health professionals. Launch a new certificate scheme for learners to mark their achievements and provide a platfonn for monitoring impact and outcomeq. Dcvclop clcarcr individual impact storics and raisc awarcncss of adaplivc snowsport. Build on the annual review system and launch a new training scheme for staff. Refine reporting pro¢¢sses to provide more effeciive quarterly analysis to th¢ trust¢es and funders. Build a new website and undertake training and policy development on Cyber security- Structure, Governance and Management Wc a UK rcgi5tcrcd charity, rcgulatcd by Ihc Charity Comtnission for England and Walcs and thc Officc of thc Scottish Charity Rcgulator. Wc arc a company limitcd by guaL7ntcc, trading as Disability Snowsport UK {DSUK), constituted as a company limited by guarantee. The organisation is bound by its Articles of Association, copies of which are available on request. These were updated in December 2021 after a full membcr consultation and approval at an cxtraordinary gcncral mccting. We have a board of trustees, a core of staff members, and depend on large numbers of volunteers to deliver our activities alongside the paid staff. Thc strategic plan scts out our longer tcrni goals. F]Dni this, opcrating plans are dcvcloped that guidc thc day lo day work of the charity. The fiiiancial budget is prepared alongside the plan8, and the plans and budget fomi a basis against which management reports regularly lo the ttustees. The Chief Executive, Virginia Anderioll, holds cxccutive rcsponsibility for in]plemcntin¥ Ihc policics strategies dppiovcd by the BUd. We have a pem]anent office at Glenmore Lodge, near Aviemore in the Cairngorms. Dedicated adaptive ski schools operate all year at Iliree artificial snow centres around the country, five dry slopes, and s¢asonally on mountains in Scotland. Our Tru.i¢ees and their re.% onjibilities At any time, there may be up to 12 tn]stees. Nominations for new trnstees are considered by the Board and may subscqucntly bc invitcd to join thc Board. Ncw trustccs arc providcd with an induction to famili75C thcm with thc charity and thc charity scctor and to bricf thcm on thcir rcsponsibilitics as trustees under charity and company law. New tnjstees are referred to the Charity Commission's guide "How to be an eftective tn]stee" The trustees have signed up to the Charity Comrnission's Code of Conduct for Trnstecs and thc Fundraising Rcgulator. BOad skills assessment. an annual review of the Charity Governance Code, board effectiveness and ttustee ani)ual reviews all Lonlribute to g(K)d practice and a coinmitment to high standards. Trustccs arc r¢quircd to uiidcrstand thcir legal obligatioiis under chatity and coinpany law, thc content of the Articles of Association, Ilie committee and d¢¢ision-niaking proces8 and the re¢enl financial perforniance of the charity. Therefore, upon acceptance of the post, trustees are provided with an induction which includes.. Inforniation on thc Icgal rcsponsibilities of bcing a trustee. A request to Complete the appiY)priate Companies Houqe documentation. General infonnation on DSUK activities. Meetings with the CEO and the Senior Management Tearn to learn about the operational aspects of the organisation. Take part as a volunteer in snowsport lessons and where wssible go on an activity holiday. Page 10
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159
The Uphill Ski Club of Great Britain TIA Disability Snowsport UK
Report of the Trustees for the year ended 31 March 2024
Structure, Governance and Management (continued)
Thc tNstccs mcct quartcrly during thc ycar as a group. with sub committees meeting regularly
throughout Ihc ycar. Thcsc arc thc Audit & Risk Conllnittcc and Ihc Nominations, Rcmuncration &
Govern¢¢ Coinmittee. Short tem] working groups also support speLifiL projects drawing from the staff
d Irusiees. Interim board meetill¥s tske ple when urgent mattera need to be dthessed.
olic
or sepiior sla
The truste¢s and the senior management team (SMT) comprise the key management p¢rsonn¢l of th¢
charity in charge of directing and controlling, tunning and opernting the chatity on a day-to-day basis.
All trustees give of their time treely and receive no remuneration. The remuneration ot the SMT staff is
reviewed annually and nornially increases in line with inflation.
All stsff arc paid at Icast thc living wagc.
Details of current tntstees are available on request, or 1& the DSUK website.
Reference and Administrative Information
Trustees.. S M Tate (Chair)- resigned 2410612024
S E Marsh {Chair from 2410612024)
E Jones - resigned 2911012023
G Ritter- resigned 1310312024
J R P
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snowsport UK Report of the Trustees for the year ended 31 March 2024 Reference and Administrative Information (continued) Website www.di5dbili snow ort.0 Scotlish Chai'ity Niimber.. SC040699 Charity, Commission Number.. 287106 Compaiij, Ntsmher.. 01681335 (England and Wales) Auditor.. Jonathan N lllnes FCCA Innes & Partners Limited Charter¢d Certified Accountants and Statutory Auditors 9 Ardross Street Inv¢rnc5S IV3 5NN Bankerj.. Bank of Scotland Aviemore HSBC Saffron Walden Statement as to disclosure of information to the auditor In so far as the trustees are aware.. thcrc is no rclevant audit inforniation of which ihe chaiitable company's auditor is unaware- a]id the trustees have taken all steps that they ought to have taken to make themseleS aware of a]iy rclcvant audit information and to cstablish that thc auditor is awarc of that information. Statement of trustees, responsibilities The trustees (who are also directors of The Uphill Ski Club of Great Britain for the purpose of coinpany law) are re5ponsiblc for preparing the Tru51ees' Alln1 Report and thc finanLial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trnstees to prepare financial slalements for each financial year whieh give a ttue aiid fair viciv of thc State of affairs of th¢ chaiitablc company aiid of thc income and cxpenditurc of the charitable company for that year. In preparing ihese finan¢ial staleinents, rhe rruslees are required 10: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP 2019 (FRS 102). make judgements and estimates that are reasonable and prudent,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. Thc trustees are rcspoiisiblc for kccping adcquatc accountiiig records that arc sufficicnt to show and cxplain thc charitablc company's transactions and which disclosc Mwith rcasonablc accuracy al any time the finaneial position of the charitable company aiid which eiiable them to ensure that the financial statcments comply with the Companies Act 2006. the Charitics and Trustee Investment (scotld} Act 2005, Regulation 8 of thc Charities Accounts {Scoiland) Rcgulations 2006 (as ainended), the Charities Act 90 I I, and the Charity (Accounts and Reports) Regulalions 2008. They are also responsible for safeguarding the assets of the charitable conipany and hence for taking reasonable steps for the preveniion and detection of fraud and other irregularities. Page 12
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Report of the Trustees for the year ended 31 March 2024 Auditors Jnn¢s & Partners Limited have expressed their willingness to continue in otTice as auditor and will be proposed for reappointment at the Annual General Meeting. Small eompany provisions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Approved by the trustees on 23 September 2024 and signed on their behalf by.. S&n•d by.. 18009E313tS94D3 S Marsh Chair and Trustee Page 13
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Independent Auditor's Report to the Members and Trustees of the Uphill Ski Club of Great Britain TIA Disability Snowsport UK, for the year ended 31 March 2024 Opinion We have audited the financial statements of The Uphill Ski Club of Great Britain TIA Disability Snowsport UK {the 'charitable company,) for the year ended 31 March 2024 which compri.qe the Statcmcnt ot Financial Activities {incorpoL7ting the Income and Expcnditure Account), tt]c Balance Sheet, the Statement of Cash Flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicablc law aiid Unitcd Kingdom Accouiiting Standards, includiiig Fiiiaiicial Reporting Staiidard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ircland. {Unitcd Kingdom Gcncrally Acccptcd Accounting Practicc). In our opinion, the financial statements: give a true and fair view of the state of the charitable company's atyairs as at 31 March 2024 and of its income and expenditure for the year then ended; have been properly prepared in accordance willi United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for opinlon Wc conductcd our audit in accordance with Intcrndtional standd5 on Auditing (UK) (ISAS (UK}) aiid applicable la,. Our responsibilities under those slaiidards are further described in the audiror's respoiisibilities for the audit of the fiiian¢ial statements section of our report. We are indepeiident of the charitable Lompany in accordanLe with the ethical requirements that are relevant to our audit of the fLnaneial statcmcnts in Ilie United Kingdoin. including the Financial Rcporting Council's Ethical Siandard and the provisions available for small entilies, in the circumstances set out in note 23 of the financial statements and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe Ihal ihe audit evidence we have obtained is sutTicienl and appropriale lo provide a basis for our audit opinion. Conclusions relating to going eoncern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statement8 is appropriate. Based on the work we have perfornied, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the fLnancial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The other inforniation Comprises the iiifomiation included in the trustees annual report, other than the financial stdtcments dnd our auditor's rcport thcreon. The INstccs arc responsible for thc other infonnation contained within the annual report. Our opinion on the finaneial statements does not cover the other inforniation and, except to the extent othenvise expliciily stated in our report, we do not express any forn] of assurance conclusion tliereon. Our responsibility is to read the other inforn]ation and, in doing so, consider whether the other inforniation is Inalerially incoiisistent with the financial Page 14 |+P Innes & Partners Chartered certih.ed Accountants
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability SnoiTrsport UK Independent Auditor's Report to the Members and Trustees of the Uphill Ski Club of Great Britain TIA Disability Snowsport UK, for the year ended 31 March 2024 Other inforjnation (continued) statements or our knowledge obtained in the course of the audit or othenvise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to deterniine whether this gives rise to a maierial misstatement in the financial statements themselves. If, bascd 011 thc work we have pcrfonncd. we concludc that thcrc is a matcrial misstatemcnt of this other inforniation, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters preseribed b). the Companies Act 2006 In our opinion, bascd on thc work undcrtakcn in thc coursc of thc audit.. the infonnation given in the trustees, report (incorporating the directors, report) for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the trusiees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and ILS environment obtained in the course of the audit, we have not identified material misstatements in the truqtees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounling records have not been kept, or returns adequate for our audit have not been re¢¢ived from branches not visited by us,. or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of directoTh' retlluiieration specified by law are not made; or we have not received all the inf0MtiOn and explanations we require for our audit. Responsibilities of the trustee5 As explained more fully in the truqtees, responsibilities statement set out on page 12, the trustees (who arc thc dircctors of thc charitablc company for thc PULVOSCS of company law and tNstccs for thc purposes of charity law) are responsible for the preparation of the financial statements and tor being satistied that they give a true and fair view, and tor such internal control as the trustees deterniine is necessary to cndble the preparation of financial statements that are free from Materi misstdtcment, whether due to fraud or error. In prcparing thc financial slatcmcnts, thc Irustccs arc rcsponsiblc for asscssing thc charitablc company's ability to continu¥ as d going conccrn, disclosing. as appliLable, mdttcrs relaied to goiiig concern usiiig the going conccrn ba515 of accounting unles5 the INstee5 eithcr intcnd to liquiddtc thc charitablc company or to ccasc opcrations, or havc no rcalistic altcrnativc but to do so. Page 15 |+P Innes & Partners Chartered certih.ed Accountants
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snowsport UK Independent Auditor's Report to the Members and Trustees of the Uphill Ski Club of Great Britain TIA Disability Snowsport UK, for the year ended 31 March 2024 Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an aiiditor's report that includes our opinion. Reasonablc assurance is a high level of assurance, but is not a guarantec that an audit conducted in accordance with ISAS (UK) 14TjII always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in thc aggrcgatc, thcy could rcasoiiably be expected to influencc the cconomic decisions of uscrs taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design proccdures in line with our responsibilitics, outlined above. to detect material niisstatcments in rcsp¢ct of I¢gularItIcs, including fraud. The extent to which our procedures are capablc of detecting irrcgularitics, including fraud is dctailcd bclow.. The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identity or recognise non-compliance with applicable laws and regulations; We identified the laws and regulations applicable to the charitable company through discussions with Directors and management, and from our wider knowledge and experience of the charity sector; We focused on specific laws and regulations which we considered may have a direct matcrial cffcet on the fLnaneial statcmcnts or thc operations of Ihc charitable company, ineluding the Companies Act 2006, Charilies SORP FRS 102, the Charilies and Trustee Inveslinent (Scotland) Act 2005 and the Charities Accounts (Scotland} Regulations 2006 (as amended). We assessed the extent of compliance witli tlie laws and regulations identified above through making enquiries of managcincnt and inspccting legal corrcspondcnce- and Id¢ntified laivs and regulaiions were communicated within th¢ audit team r¢gularly and the team remained alert to instances of non-compliance throughout the audit. We assesqed the.quqceptibility of the charitable ¢ompany's financial statements to material misstatement, including obtaining an understanding of how fraud Inight o¢cur, by.. Making cnquirics of managcmcnt ds to wlicrc thcy considcrcd thcrc was susccptibility lo fraud, their knoivledge of actiial. suspected and alleged fraiid; and Considering the internal Controls in place to mitigate risks of fraud and non-con]pliancc with laws and regulations. A sample of expenditure from the nominal ledger was agreed to receipts and invoices. This confinns that expenditure relates to the charity and is not fraudulent. All it¢ms sampled w¢re agreed to a receipt. A sainplc of cmployccs were physically verificd aiid payToII was rcviewcd for duplicate employees to review for aiiy fictious employeeq. All employeeq sampled 'ere phy8i¢ally verified and no dupli¢ale employees were present on the payroll. All grant incoinc was agrccd to grant docuincntation. A sample of other income was agreed to documentation. Page 16 |+P Innes & Partners Chartered certih.ed Accountants
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Independent Auditor's Report to the Members and Trustees of the Uphill Ski Club of Great Britain TIA Disability Snowsport UK, for the year ended 31 March 2024 Auditor's responsibilities for the audit of the financial statements {continued) To address the risk of fraud through management bias and oveIde of controls, we.. Perfomied analytical procedures to identify any unusual or unexpected relationships; Tested journal entries to idcntify unusual transactions; Assessed Thhether judgements and assumptions made in detennining the accounting estimates set out in Note 3 were indicative of potential bias; and Investigated the rationale behind significant or unusual transactions. In response lo the risk of irregularities and non-¢omplian¢e with laws and regulations, we designed procedures which included, but were nol liinited to.. Agrecing financial 5tatcmcnt disclosures to undcrlying supporting documcntation,. Reading the minutes of meetings of those charged with governance; Enquiring of management as to actual and potential litigation and claims,. and Requcsting correspondence with HMRC, OSCR and the legal advisors of the charitable Company. BeLausc of the inhereiit limitations of an audit, there is a risk tliat we will not detect all irgularitIes, including those leading to a material Inisqtatement in the financial qtateinents or non-conipliaiice with regularion. This risk increases the Inore that compliance with a law or regulation is removed froin the eveiils and transactions reflected in the financial slatemenls, as we will be less likely lo become aware of inStlLe$ of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealinent, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for th¢ audit of the financial statements is located on the Finan¢i<il Reporting Council's website at.. htt s.'Ilwww.frc.or .uklauditorslaudit-assurance/cTruditor-s- res oiisibilities-for-the-audit-of-tlie-fiidescri tjon-of-the_audito/OE2 % 80 %99s_res onsibilities-for. This description fornis part of our Auditor's Report. Use of our report This report is madc solely to thc charitablc company's mcmbcrs, as a body, in accordancc with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those rnatters we are required to state to them in an auditor's report and for no other pury)ose. To the fullest cxtent permitted by law, we do not accept or assumc responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this reporL or for the opinions we have fornied. DoGuSlqn•d by.. 2C9861F6832C4E1 Jonathan N Innes FCCA Senior Statutory Auditor For and on behalf of Innes & Partners Limited, Statutory Auditor Eligiblc to act as an auditor in tcrnis of Scetion 1212 of thc Conipanics Act 2006 9 Ardross Street Inverness IV3 5NN Dale.. 23 September 2024 Page 17 |+P Innes & Partners Chartered certih.ed Accountants
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snows ort UK Statement of Financial Activities for the year ended 31 March 2024 (incorporating Incomc and Expcnditurc Account) Note Unrestricted Restrlcted Funds Funds Year to Year to 3110312024 3110312024 Total Unrestrlcted Restrlcted Total Funds Fund5 Funds Funds Year to 18 months to 18 months to 18 months to 31111312024 3110312023 3110312023 3110312023 Income Donatioiis and Legacies Charitablc Activitics Other Trading Activities Investmentq 173,866 432,013 60,781 707 126,769 10 300,635 432.023 60,781 707 361,577 470.827 92,304 97 103,122 464,699 470,827 92,304 97 Total Income 667,367 126,779 794,146 924,805 103,122 1,027,927 Expenditure Raising Funds Charitablc Activitics 100,617 571,832 672.449 2,658 146,635 149,293 103,275 718,467 821.742 147,044 780,983 928,027 147,044 125,068 906,051 125,068 1,053,095 Total Expendlture Net incomel(expenditure} (5,082) (22,514) (27,596) (3,222) (21,946} (25,168) Transfers between funds 18 48,729 45,507 (48,729} (70,675} (25,168) et Movement in Funds (5,082) 122,514) (27,596) Reconciliation of Funds Total Funds Brought Forivard Total Funds Carried Forward 104,943 99,861 64,123 41,609 169,066 141,470 59,436 11)4,943 134,798 64,123 194,234 169,1)66 18 The statement of finan¢ial a¢tiviti¢s includes all gains aiid losses recognised during the year. The notes at pages 21 to 37 fonll part of these accounts Page 18
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 Conyqny Rewstraiiort Niimber.. 01681335 IEngland8nd Walesl The U hill Ski Club of Great Britian TIA Disabili Balance Sheet as at 31 March 2024 Snows ort UK Total Funds 3110312024 Total Funds 3110312023 Note Unrestricted Funds Restricted Funds Fixed Assets Tangible assets Total Fixed Assets 14 37,049 37,049 31,324 31,324 68,373 68,373 91,125 91,125 Current Assets Stock Debtors Cash at Bank and in Hand 1,500 58,275 174,742 234,517 1,500 58,275 186,579 246,354 1,365 48,374 170,963 220,702 15 11,837 11,837 Total Current Assets Liabilities Creditors falling due within one year Net Current Assets 16 146,694 87,823 1,552 10,285 148,246 98,108 108,569 112,133 Total Assets less Current Llabllltles 124,872 41,609 166,481 203,258 Creditors falling due after more than one year Iyet Assets 16 25,011 99,861 25,011 141,470 34,192 169,066 41,609 The Funds of the Charity Restricted Incom¢ Funds Unrestricted Funds 41,609 41,609 99,861 141,470 64,123 104,943 169,066 99,861 99,861 Total Charity Funds 18 41,609 The financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Approvcd by thc tLUStccs on 23 Scptcmbcr 2024 and signcd on thcir bchalf by.. by.. 68LN3SÉ31B1tr$. S Marsh Chair andTrustee Thc notcs at pagcs 21 to 37 form part ot thcsc accounts Page 19
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Statement of Cash Flows as at 31 March 2024 Snoivs ortUK Total Funds 3110312024 Total Funds 3110312023 Tr4ote Net cash (used in)Iprovided by operating activities 21 25,310 (26,821) Cash flows from investing activities: Bank interest receivable Purchasc of tdngible fixed asscts Proceeds from sale of tangible fixed assets Net cash provided byl(used by) investing activities 707 97 (10,050) 3,195 6,758 400 Cash flows from financing activities Loan repayments in year Net cash used in financing activities (10,801) 10,801 {4,648) 4,648 Change in cash and cash equivalents In the year Cash and equivalents brought forward Cash and cash equivalent5 carried forw#rd 15,616 170,963 186,579 (38,227) 209,190 170,963 Cash and cash equivalents consist of: Cash at bank and in hand 186,579 170,963 The notes at pages 21 to 37 form part of these accounts Page 20
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Notes to the Financial Statements for the year ended 31 March 2024 l. General Inforniatlon These financial qtatements are presented in Pounds Sterling (GBP), as that is the currency in which the charitable coinpany's Iransavlions are denoniinated. They comprise the financial slateinents of the charitable company drawn up for the year ended 31 March 2024. The principal activity of The Uphill Ski Club of Great Britain is to provide opportunities for children and adults with any disability to participate in winter sporting act]ltieS. The Uphill Ski Club of Great Britain is a charitable company limited by guarantee incorporated in the United Kingdom and registered in England. It is rQgniSed as a charity for tax purposes by HMRC, is registered with the OtTice of the Scottish Charity Regulator {OSCRI under charity number SC040699 and is registered with the Charity Commission for England and Wales under charity number 287106. Details ot the registered oifice and company registration number can be found on page I l of these financial statements. 2. Accounting Policies Stateme17t o coi liance The financial statements have been prepared in accordance with United Kingdom Accounting Standards. including Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and RepubliL of Ireland, (FRS102) (effective l January 2015), the Statement of Recoininended Practice 2019 {SORP) "A¢counting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland (FRS 102)" thc Companics Act 2006, thc Charitics and Trustcc ICstment (Scotland) Act 2005, the C11t1¢S Account5 (Scotland) Re¥uldtiuns 2006 (as an]cndcd), the CharitiC5 Act 2011, and ihe Charity (Accounts and Reports} Regulations 2008. Basis o Pre r¢71io The financial statements are prepared in .qierling which is th¢ functional ¢urren¢y of the charity. Monetary amounts in these tinancial statements are rounded to the nearest £. The financial statements have been prepared under the hisiorical cost nVentiOn. The Uphill Ski Club of Great Britain meets the definition of a public benefit entity under FRS 102. Aqsets and liabilities are initially recognised at hiqtorical cost or tranqition value unleqs othenvise stated in the relevant accounting policy. The preparation of financial statements requires the use of certain critical accounting estimates. It also requires Members of the Board to exercise their judgement in the process of applying the accounting policies. Use of available infonnation and application of judgen]ent are inherent in the formation of estiinates. Actual outcoines in the future could differ from such estimates. The areas involving a hi¥lier dcgiee of judgeincnt or complcxily, or arcas where assumptions ]d ¢slimates are significant to the financial statements are disclosed in note 3. The principal accounting policies applied in the preparation of these financial slalemenls are sel out below. These policies have been applied consistently to all the years presented, in dealing with items which are considered material in relation to the charitable company's financial statements unless othcrwisc stated. Page21
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Notes to the Financial Statements for the year ended 31 March 2024 2. Accountlng Pollcles (eontlnued) GOE Copicern Covid-19 impacted all of the income streams of the Uphill Ski Club of Great Britain. Although the long-term impact of C.ovid_19 will remain with us for some time, the Trustees have a strategic plan for 2022-25 to move the charity towards a full recovery and in full con.qultation with key stakeholders. Due to the change in the charity's financial year end, this strategic plan period has now been cxtcnded to March 2026 to align with the new budgct year. Changes brought about by Brexit still limit the ability of qualified instructors to work in EU countries. While the sector works towards achieving agreements for instructors, we will adapt group aclivitics and holidays whilst agrccmcnts arc rcachcd with partncr EU countrics. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational cxistencc for thc foresccablc future. Thus they continuc to adupt thc going concern basis of accounting in preparing the annual financial statements. Income Reeo All illcome 15 includcd in the Statement of Financial Activities wlien the charitable company is entitled lo the incoine, ir is probable that the iiicome will be received aiid the amount can be measured reliably. The following Specific policie8 are applied to particular categories of income.. Donations and legacy income is received by way of grants, donations, legacies, sponsorship and gifts and is included in full in the Statement of Financial Activities when the charitable company becomes entitled to the funds, it is probable that the income will be rcccived and the amount can bc measured reliably. Income from charitable activitles Is related to performance and specific dclivcrables. and is accounted for as the charitable company earns the right to consideration by its perforniance. It also includes grant funding income whicli is recognised on an accruals basis when the income can be measured and it is probable that the charitable company will receive the income. Incomc from othcr trading activitics is rcccivcd by way of fundraising incomc and sponsorships is accounlrd foi when eamcd, when it is probable that the income will be received and the an)ount can be measured reliably. Investment income is recognised when re¢eivable and the amount can be measured reliably by the charitable company- this is nonnally upon notification of the interest paid or payable by the bank. Page 22
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Notes to the Financial Statements for the year ended 31 March 2024 2. Accountlng Pollcles {contlnued) eFidilure Retio Expenditure is recogniqed on an accrnals basiq a liability is incurred. Expenditure includes any VAT which cannot be recovered, and is reported as part of the expenditure to which it relates. Raising.funds - These are costs attributable to the operation of the charitable company and are IncU¢d in ordcr for the challtablc company to generate funds through donations and othcr trading income. Charilable aclivil£es - Charitable expenditure comprises those costs incurred by the charitable company in thc dclivcry of its activitics and scrviccs for its bcncficiarics. It includcs both costs that Can b¥ allocated directly to such activities and those costs of an indirect nature necessary to support thc Governunc'e Lv,3t,s - Governance Costs comprise all costs involving the public accountability of the charitable company and its compliance with regulation and good practice. These costs include costs related to the statutory audit. Support cosls - Support costs are allocated between the expeiidilure categories of the Statement of Financial Activitieq on a 'staff time and use of resources, basis. Le¥1 rtd hire urcha.iÈ comNi¢mertÉ.¥ Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and dcprcciatcd ovcr thc shortcr of thc Icasc tcrni and thcir uscful livcs. Obligations undcr such agreeinents are included in creditors net of the finance Ch'ge allocated to future periods. The finance element of the rental payment is charged to the Stat¢ment of Financial Activities so as to produce constant periodic rates of charge on the net obligations outsLqnding in each period. Pensiop The charitable company opetztes a defined contribution pension scheme. Contributions are char¥cd to thc Statement of Fin]CIal Activities as Ihcy become payabl¢ in *ccordancc with thc rules of the s¢heme. Ta.Yation No corporation tax is payable as the charitable Company is reeognised by HM Revenue & Custoins as a charity. The charitable coinpany is not registered for VAT and all input lax is included within the expenditure to which it relates. rL'LutlfJ Tangiblc fixed asscts are stated at cost less depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the fijll cost less estimated residual value of each asset over ils estimated useful life. Page 23
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snowsport UK Notes to the Financial Statements for the year ended 31 March 2024 2. Accountlng Pollcles {contlnued) Ta ible Fiyed Assets avd De recatio The principal rateq in use are.. Ski equipmcnt 250/() reducing balance and 25Q/o straight line Office equipment 40/0 Straight line and 250/0 reducing balance Motor vehicles 250/() reducing balance Lcasehold property 4_50/0 Straight linc Capitalisation policy: Assets costing more than £250 (2023.. £250) and having a useful life of more than one year. Stocks are valued at the lower of cost and net realisable value. Debior3 Short tenn debtors are measured at transaction price, less any impainnent. Cash ad cash e llivalellls Cash al baiik aiid in hand includes ¢aqh and short lenn highly liquid inveqlments with a short maturity of three months or less fmm the date of acquisition or opening of the deposit or similar account. Creditors Short tcrn] trade crcditors arc mcasurcd at thc transaction pricc. Othcr financial liabilitics, including hire puruhase and finance leases, are measured initially al fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. FFnancial inslrnn7enls The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial insttutllents are initially recognised at transaction value and subscqucntly mcasuicd at Ihcir scttlcmcnl value. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairnient. If objective evidence of impairment is found, an impainnent loss is recognised in the Statement of Financial ActiNities. For financial assets measured at amortised cos( the impaimient loss is measured as the difference between an asset's carrying ainount and the present value of estimated casli flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined uiider the coiitract. For financial assets measured at Cost less impairn)ent, the impainnent loss is measured as the difference between an asset's canying amount and best estimate, which is an approxirnation ot the amount that the charity would receive for the asset if it were to be sold at the balance sheet date. Page 24
Docusign Envelope ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The Uphill Ski Club of Great Britain TIA Disability Snoivsport UK Notes to the Financial Statements for the year ended 31 March 2024 2. Accountlng Pollcles {contlnued) Financial assetq and liabilities are offset and the net amount reported in the balance sheet when there is an entorceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Financial asscts arc derccognised when tlie contractual righ15 to the cashflows from the asset expire, or when the cliarily has transferred substantially all the risks and rewards of ownership. Financial liabilities are derecognised only once the liability has been extinguished through dischargc, canccllation or cxpiry. Funds Sirnclure Unre51ricted funds availablc for use at thc discretion of the Member5 uf the Bud in furtherance of the general objectives of the charitable company. Designated funds are unrestricted funds that have been set aside by the trustees for particular purposcs. Thc aim and use of each designated fund is sct out in the notes to the financial slaleinents. Restricted funds are subjeeted to restrictions on their expenditure iinposed by the donor or throiigh the terms of an appeal. Governn7ent Granls Inconie from govemment and other grants are recogmised at fair value when the charity has entitlement after any performance conditions have been m¢t, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. 3. Judgements in applying policies and key sources of estimation uncertainty In preparing the finan¢ial slalements, managemenl is required io make estimates and assumptions which aftect reported income, expenses, assets, and liabilities. Use of available infonnation and application of judgement are inherent in the fonnation of eqtimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could dirrer from such estimates. The Members of the Board are satisfied that the accounting policies are appropriate and applied consistently. Key sources of estimation hav¢ b¢en applied in determining the depreciation rates which have been deemed to be appropriate for the class of asset. 4. Related Party Transactions Lauren Henderson, Trustee, was paid a gross salary of £187 (2023= £278) for her role as an instructor. During the year. 6 trustccs were reimburscd cxpcnses of £1,397 (2023.. £nill. There were no other related paty transactions that require disclosure during the year {2023'. none). The aggregate value of unconditional donations made by Trustees was £nil (2023.. £100)- Page 25
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 S. Donations and Legacies Total Funds Year to 3110312024 Total Funds 18 months to 3110312023 Unrestricted Funds Restrieted Funds Support Delivery 173,866 16,915 109,854 126,769 190,781 109,854 300,635 376,518 88,181 464,699 173,866 Income from donations and Icgacie5 was £300,635 (2023.. £464,699) of which £173,866 was unrestrictcd {2023.. £361,577) and £126,769 was rtrIcted (2023.. £103,122). Income from donations and legacies for 2023 was split, between fijnds, as follows.. Supporl - £361.577 rclatcd to unrcstrictcd funds and £14,941 rclatcd to rcstrictcd funds. Delivery - £nil related to unrestricted funds. and £88,181 ielated lo restricted funds. Donations and legacies income is split as follows.. Local Groups 2024 Tutal Support Delivery Donations Grant income Legacy income Gift Aid reclaimed 152,616 14,855 2,000 4,395 173,866 19,565 107,204 172,181 122,059 2,000 4,395 300,635 126,769 Local Groups 2023 Total Support Delivery Doiiations Cirant income Legacy income Gift Aid rcclaimcd 233,690 74,367 59,234 9,227 376,518 233,690 162,548 59,234 9,227 464,699 88,181 88,181 Page 26
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 6. Charitable Activities Income Total Funds Year to 3110312024 Total Funds 18 months to 3110312023 Unrestricted Funds Restricted Funds Delivery Local groups 430,779 1,234 432,013 10 430,789 1,234 432,023 470,827 io 470,¥27 Incotlle from charitable activities was £432,023 (2023.. £470,827) of which £430,779 was unrestricted (2023.. £470,827) and £10 was restricted (2023.. £iiil). 7. Other Trading Activities Income Total Funds Year to 3110312024 Total Funds 18 months to 3110312023 Unrestricted Funds Restricted Funds Support Memberships Other income 38,110 18,671 4,000 60,781 38,110 18,671 4,000 60,781 83,847 8,457 92,304 Income frorn other trading activitie8 was £60,781 (2023.. £92,304) of which £60,78 I was unrestricted (2023.. £92,304) and £nil was rL%trictcd (2023.. Lnil). Income from other trading activites for 2023 was split, between funds, as follows.. ,Support - £83,847 related to unrestricted funds and £nil related to reqtricted funds. Ivemberships £8,457 related to unrestricted funds and £nil related to restricted funds. 8. Tnvestments Income Total Funds Year to 3110312024 Total Funds 18 months to 3110312023 Unrestricted Funds Restrieted Funds Deposit Interest 707 707 707 707 97 Total investment income was £707 (2023.. £97) ot which £707 was unrestricted (2023.. £97) and £nil was restricted {2023.' £nil). Page 27
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 9. Analysis of Expenditure Total Funds Year to 3110312024 Total Funds 18 months to 3110312023 Unrestricted Funds Restricted Funds Raising Funds Siipport 100,617 100,617 2,658 2,658 103,275 103,275 147,044 147,044 Charitable Activities Delivery Comm's Support GOVnC¢ 528,204 126,522 654,726 828,694 31 51,138 26.188 906,051 21,829 21,799 571,832 20,113 41,942 21,799 718,467 (notc 10) 146,635 Total 672,449 149,293 821,742 I,U53,095 Total Restricted Funds Funds 18 month5 to 311O312(b23 Unrestricted Funds Raising Funds Support 147,044 147,044 147,044 147,044 Charitable Activitie5 Dclivcry Comm's Siipport Governance 722,636 31 32,128 26,188 780,983 106.058 828,694 31 51,138 26,188 906,051 19,010 (note 10) 125,068 Total 928,027 125,068 1,053,095 10. Governance Total Fund5 Year to 3110312024 Total Funds 18 months to 3110312023 Unrestricted Funds Restricted Funds Audit fee Accounts and pa)ToII fccs 11,112 10,687 21,799 8,340 17.848 26,188 10,687 21,799 Page 28
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 I l. Analysis of Staff Costs, Trustees, Expenses and Remuneration Total Year to 3110312024 Total 18 months to 3110312023 Salarie5 and wagcs S1&1 security costs Pension costs 404,345 24,486 7,932 436,763 539.468 42,721 9,580 591,769 The average number of staff employed by the charitable coinpany durin¥ the finanLial year ainouiitcd to- Total Year to 3110312024 Number 50 Total 18 months to 3110312023 Number 53 Einployees 50 53 The charitable company operates a def]ned contribution pension scheme in respect of the employees of the eharitablc Lompany. The 5Lhcme and its assct5 are hcld 5cparatcly from the Lharitable company by indq)endent managers. Tlie pension charge represents contributions due from the chariiable company and amounted to £7,932 12023.. £9.5801. Contributions Outstandin at 31 March 2024 amounted to £4,48012023.. £1.3521. None of the inembers of the Board received aiiy remuneration during the period (2023- £nil) in connection wilh their roleq as charity trustees (2023.. none}- Lauren Henderson, Trustee, was paid a gross salary of £187 {2023.. £278) for hcr rolc as an instLUCtor. During thc ycar, 6 trustccs werc rcimburslxl cxpcnscs of £1,397 (2023= Lnil). No employee earned remuneration greater than £60,000 (2023: none). Key management personnel are considered to be the Chief EXutIve and Senior Management listed in the report of the tru8t¢¢s. K¢y n)anag¢m¢nt personnel received remuneration of £150,227 during the period (2023.. £238,502 an 18 month period) which includes pension contributions of £2,787 (2023.. £4,434 an 18 month period}. Volunteers A description of the role played by volunteers is included in the report of the truste&q. The charity does not accuratcly collcct data about thc numbcr of voluntccrs or thc timc that they contributc. but it is likcly that wc benefit from volunteer lime of al least l O full lime equivaleiits per year to support our charitable aclii'ilies, and a similar amount in supporting fundraisinR. 12. Auditor's Remuneratio The fees paid lo liines and Partners Limited amounts to an accountancy and payroll fees of £1 0,687 (2023: £17,848) and an audit fee of £1 1,112 (2023.. £8,340). Page 29
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 13. Net (expenditure)/ineome Total Funds Year to 3110312024 Total Funds 18 months to 3110312023 Depreciation {Gain}ILoss on disposal of tangible fixed assets Audit fee 21,447 905 11,112 37,827 (2,955} 8,340 14. Tangible Fixed Assets Leasehold Property Equipment Office Equipment Motor Vehicles Total Cost As at l April 2023 Disposals As at 31 March 2024 190,083 223,765 13,218 14.750 (14,7501 441,816 {14,750} 427,066 190,083 223,765 13,218 Depreciation A5. at l April 2023 Charge for the year Eliminated on Diqposal As at 31 March 2024 149,240 8,763 177,664 11,700 10.695 631 13,092 353 (13,445) 350,691 21,447 {13,445} 358,693 158,003 189,364 11,326 Net Book Value As at 31 March 2023 40.843 46,101 2,523 1.658 91.125 As at 31 March 2024 32,080 34,401 1,892 68,373 15. Analysis of Debtors Total Funds 3110312024 Total Funds 3110312023 Unrestricted Funds Restricted Funds Trade Debtors Prepayments and accrued income Other debtors 13,876 44,399 13,876 44,399 25,479 21,835 1,060 48,374 58,275 58,275 Page 30
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 16. Analysis of current labilities and long term ereditors Unrestricted Funds Total Funds 3110312024 Total Funds 3110312023 Restricted Funds Due within l year Trade creditors Accruals and deferred income Taxation and Social Security Other Creditors Loans 42,263 83,470 6,425 4,996 9,540 146,694 42,263 83,470 6,425 6,548 9,540 148,246 4,055 82,128 5,776 5,450 11,160 108,569 1,552 Total Funds 3110312024 Total Funds 3110312023 Unrestricted Funds Restricted Funds Creditors due after l year Loans 25,011 25,011 25,011 25,011 34,192 34,192 Deferred Income Balance at 01.04.23 Received in year Released in year Balance at For release: 31.03.24 Ivithin l Year Membership Fees Total 9,951 9,951 11,163 11,163 (9,951) (9,951) 11,163 11,163 11,163 11,163 Analysi5 of Financial Instruments Total 3110312024 Total 3110312023 Loans payable within l year Loans payable within 2-5 years As ai 31 March 2024 9,540 25,011 34,551 11,160 34,192 45,352 17. AtlYSIS of Tr4et Assets AtN)ng Funds Total Funds 3110312024 Unrestricted Funds Restricted Funds Fixed Assets Current Assets Current Liabilities Long Term Liabilities Net Assels as at 31 March 2024 37.049 234,517 (146,694) (25.011) 99,861 31,324 11,837 {1,552) 68,373 246,354 (148,246} (25.011) 141,470 41,609 Page31
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 17. Analysis of Net Assets AtN)ng Funds (continued) Unrestricted Funds Restricted Funds Funds 3110312023 Fixed Assets Current Assets Current Liabilities Long Tem Liabilities Tr4et Assets as at 31 March 2023 51,151 192.255 (104,271) {34,192) 104,943 39,974 28,447 (4,298) 91,125 220.702 (108,569} {34,192} 169,066 64,123 18. Movement in Funds A5at 01.04.23 A5at 31.03.24 Income Expenditure Transfers Restricted Funds Fixed Assets CotTa Foundation POHWER Redrow 6YP SCL Trust Pleasaiicc Trust Awards for All Zochonis Trust Winter Sports Foundation Bally Thomas Hugh Fraser Foundation JTH Charitable Trust Sobell Foundation The 29th May 1961 Charitable Trus St James Place Charitable Trust Hedley Foundation Stafford Trust Tillylos5 Trust Clover Trust ma.qter Charitable Trust Findlay Charitable Trust Brucc Wakc Charitablc Trust De Brye Charitable Trust Britford Bridge Trust CRH Charitable TrL]St Z(h0n1S Charitable Trust Poslcode Neighbourho(xl Trust Ev&qon Tru.qt Snowsport England Garficld Wcston Foundation Hugh Fiaser Foundation 39,974 1,732 800 500 2,634 600 2,000 2,842 11,041 2,000 {8,650) 31,324 1,732 800 (500) 2,634 1600) (2,000) (2,842) (11,041) (2.010) (4,000) (500) (3.000) (5,000) (2,500) (3,150) (5,000) (1.000) (1,800) (3,000) (4,000) {10.000) (1,000) (20,000) (5,200) (4,000) {13,500) (5,000) 10 4,000 500 3,000 5,000 2,500 3,150 5,000 1,000 1,800 3,000 4,000 10,000 1,000 20,000 5,200 4,000 13,500 5,000 1,119 30,000 4,000 126,779 1,119 {30.000) 4,000 41,609 64,123 (149,293) Page 32
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 18. Movement in Funds Asat 01.04.23 Income Expenditure Transfers 31.03.24 Unrestricted Funds Gcncral Fixed Assets 53.792 51,151 104,943 169,066 667,367 (658.347) {14,102) (672,449) (821,742) 62.g12 37,049 99,861 141,470 667,367 794,146 Total Funds Asat 01.10.21 Asat 31.03.23 Income Expenditure Transfers Restricted Funds Fixcd Asscts Susan Hall LSOn Subsidies Corra Foundation ESC Sports England Duchy of Laneaster Bruce Wake Wheelcliair Hedley Grant Micklc Fund Whirlwind Trust Aldi Visit Scotland Z(h0n1S CT Shepherd & Wedde Consenio holiday G Fraser POHWER Sobcll Foundatioii Guyll-Leng Brabners Foundation Tillyloss Trust Radcliffc Foundation Redrow 6YP ESC Lottery Dr Guthrie Bruce Wake SCL Trust SS Progr¢ssion Sessions British Blind Together Nancy NIa5SiC JTH Charitable Trust Pleasance Trust Awards for All 91,877 6,150 13,970 5,801 5,000 2,000 i 0,000 {12.974) (38,929) (6,150) 39,974 (13,970) (4,069) (5.000) (2,000) (i o,noo) 1,732 3,650 1,500 4,000 1,000 3,560 4,000 1.000 487 1,650 800 3,543 3,000 7,500 1,515 2,000 500 14,941 1,000 10,000 3,000 1,200 2,089 2,000 500 750 7,530 82,715 (3,650) (1.500) (4,000) {I,000) (3,560) {4.000) (I,uoo) (487) (1,650) 800 (3.543) (3,000) (7,500) {1,515) (2,000) 500 {14,941) (1.000) {10.000) (366) (1,200) (2,089) (2,000) (500) (150) (5,530) (120,544) 2,634 600 2,000 48,240 Clfwd 134,798 (48,729) Page 33
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 18. Movement in Funds (continued) Asat 01.10.21 Asat 31.03.23 Income Expenditure Transfers Restricted Funds Blfwd Zochonis Trust Shanley Foundation Winter Sports Foundation Baily Thoinas 134,798 82,715 4,000 2,000 11,407 3,000 103,122 (120,544) (1,158) (2,000) (366) (1,000) 125,068 (48,729) 48,240 2,842 11,041 2,000 64,123 134,798 48,729 Unrestricted Funds Gcncral Fixed Assets 32,171 27,265 59,436 194,234 924,805 (903,175) (24,852) 928,02 {I,U53,V95) 53,792 51,151 104,943 169,V66 48,738 48,729 924,805 1,027,927 Total Funds Fund Purposes: Susan Hall fund- to be uscd to providc a subsidy to individual disablcd mcmbcrs who apply to DSUK to participate in an activity oversea.q biit do not haiwe the financial means Lcssoii 5ubsidics- supportiiig the dcvelopmcnt of ski schools aiid Ic5sons wilh our national network of adaptive ski instructorq, with some fociising on ItrUctIng young disabled skiers. Corra Foundation- to cover eqsential costs in Scoiland impacted by Covidl9. ESC Sports England - instructor costs - England. Duchy of Laneaster - ManLhester lesson running costs. specifically slope fe&q. Bruce Wake Wheelchair - running costs for lessons for people who are wheelchair users. Hedley Grant - funds for equipment. Mickle Fund - funds for lessons at Glasgow. Whirlwind Trust - fuiids for instructor costs at Hcmel. Aldi - fundq for lessons al Bellahouslon and Braehead. Visit Scotland_ funds for lessons across Scotland. Z(Khonis CT - funds for instructor costs at Manchcstcr. Shcphcrd & Weddc - 15dbel H¢Y Trust lessons to all. Consenio holiday - Lessons specific to young lady Sophie Alcock Cooke. G Fraser - funds for instructor costs at Glasgow. POHWER - training for SSIG. Sobcll Foundation- fLmds for running costs at Manchester. Guyll-Leng- funds for ruiining costs al Tamworth. Brabners Foundation - funds for running Costs at Man¢hester. Tillyloss Trust - funds for running costs at Braehead and instructor training. Radcliffc Foundation- funds for running costs at Tainworth. Redrow 6YP - funds for 6 x Yoiing Persons lessons at Telford. ESC Lottery- Sport England general running costs across DSUK. Dr Guthrie- funds tor rring costs at Bellahouston and Braehead. Brucc Wakc- funds for Icssons for whcclchair uscrs. SCL Trust - funds for start up costs for local 0upS in Glasgow. Page 34
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 18. Movement in Funds (continued) Fund Purposes (continued): SS Progression Sessions - fi]nds for Ski School pro810n qessio8 at Hemel. British Blind Together - funds for group lessons for the blind in Manchester. Nancy NIassie- funds for 24 Group Lessons at Hillend. JTH Charilable Trust - funds for Lessons ai BH and Bella. Pleasance Trust - funds 10 Groiip Lessons at Hillend. Awards for All - funds for Cairngorm Start up. Zochonis Trust - funds for Instructor costs. Shanley Foundation - funds for lessons at H•nel Hempsled. Winter Sports Foundation - funds for group Ion8 at Tamworth and Glasgow. Bally Thomas - funds for learning difficulties across all DSUK. Hugh Fraser Foundation - fund5. for Scottish activitics. JTH Charilable Trust - funds towards lessons at Bellahouston / Bearsden l Hillend. Sobell Foundation- funds for activities in England. The 29th May 1961 Charitable Trust - tunds towards lessons and Activity Days at Tarnworth. St Jamcs Place Charitable Trust - funds for lessons at Hcmel Hemsptead. Hedley Foundation - funds towards ski lessons for the disabled. Stafford Trust - funds towards the costs of a n¢w Scotland manager and deliv¢ry costs. Tillyloss Trust - funds towards the costs of a new Scotland manager and delivery costs. Clover Trust- funds for general running costs. Master Charitable Trust - funds for general running costs. Findlay Charitable Trust - fundq for general running costs. Bruce Wake Charitable Fund - funds towards costs of lessons for wheelchair users at all our centres. Dc Bryc Charitablc Trust - funds for dclivcring adaptivc snowsport Icssons at schools in England and Walcs. Britford Bridge Trust - funds for general running costs. CRH Charitable Trust - funds towards our adaptive snowsport activity for disabled people at our Snowsport School in Bellahouston Z(Khonis Charitable Trust -funds towards activities at Chill Factore, Manchester and Rossendale Ski Slope. Postcode Neighbourh(KxI Trust - funds towards costs of deliverin¥ lessons in Manchester. Eveson Trust - funds towards costs of delivering lessons in Tainworth, but specifically for residents of certaiii areas in West Midlands, WorCtershlre, Herefordshire. Snowsport England- fi]nds for adaptive snowboard tasters for Hemel Hemstead and Manchester. Garficld Wcston Foundation- funds for gcncrdl running costs. Hugh Fraser Foundation - fund towards aLtiviliL% in Glasgow. 19. Subsidiary Undertaking5 l-he charity was the sole member of British Parasnowspon Ltd, a company limited by guarantee without share capital, incorporated in the United Kingdom on 8 October 2015 and disolved on 27 February 2024. 20. Company Limited by Guarantee The Uphill Ski Club of Great Britain is a company limited by guarantee and accordingly does not have a qhare capital. Every member of the company undertakes to contribute such amounts as may be required not exceeding £1 to the assets of the charitable company in the event of it being wound up while he or she is a member, or within one year after he or she ceases to be a member. Page 35
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 21. Reconciliation of net movement in funds to net cash flo from operating activities Total 3110312024 Total 3110312023 Net movement in funds for the reporting period {as pei. the strdtemenl of financial activiiies) Adjustmcnts for: Depreciation charges Decrease in stock Decreasel{iiicrease) in debtors (Decrease)Ilncrease in creditors Bank interest receivable (Gain)ILoss on disposal of langiblc fixcd asscts Net cash provided by operating activities (27,596) (25,168) 21,447 (135) (9,901) 41,297 (707) 905 37,827 158 {10,440} {26,146} (97) (2,955) (26,821) 25,310 22. Analysis of changes in net debt Total 3110312023 Total 3110312024 Cash flow's Long-lenn borrowings Total liabiliti 45,352 45,352 170,963 216,-315 (10,801) (10,801) 15,616 4,815 34,551 34,551 186,579 221,130 Cash and cash equivalents Total net debt 23. FRC Ethieal Standard - Provisions available for small entities In common with many other organisations 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. Page 36
Docusign Envelopp ID." 262E3C75-DC1B4283-98BD-DE88E6448159 The U hill Ski Club of Great Britian TIA Disabili Snoivs ort UK Notes to the Financial Statements for the year ended 31 March 2024 24. Support Costs Delivery 3110312024 Total 3110312024 Deliverv Total 3110312023 3110312023 Premises costs Heat and light Motor and travel costs Postage and stationery Telephone and Lomputer costs Equipment hire Maintenance General expenses Bank chargcs and iiitcrcst Staff Uosls Training Professional fees DepreLialion Insurance and other costs 1,401 2,914 1,988 203 17,351 632 1.401 2,914 1,988 203 17.351 632 1,090 4,598 2,518 358 22,916 1,156 3,243 3,801 5,286 153,376 67 40,282 14,201 25,369 278,261 1,090 4,598 2,518 358 22.916 1,156 3,243 3,801 5.286 153,376 67 40,282 14.201 25,369 278,261 829 6,469 92,804 829 6.469 92,804 29,944 10,542 24,579 189,656 29,944 10.542 24,579 189,656 Support costs have been allocated across activities based on spend levels incurred within these activity areas. For somc support costs which do not rclate to all actiNrytics thc costs havc bccn allocatcd across thc activitics thcy relate to. Includcd within support costs abovc arc costs associatcd w'ith tlic following.. Helper training- lime and costs associated with disability awareness and skills training Member support- time and costs associated ivith servicing our members National co-ordination- titne and costs associated with dealing with governing bodies Advocacy and policy- tiine and costs associated with signposting.- research ctc. Local groups- lime and costs associated with supporling local groups Page 37