FORTH VALLEY DISABILITY SPORTS ASSOCIATION TRUSTEE'S ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 DECEMBER 2024 Charity no.. SC024362 Forth Valley Disability Sports Association Charity no SC024362 Contents TRUSTEES, ANNUAL REPORT.... ...................................................................................-......................... INDEPENDENT EXAMINER'S REPORT...................................................................................................... STATEMENT OF RECEIPTS AND PAYMENTS....................................................................... .................... STATEMENT OF BAL4NCES..................................................................................................................... NOTES TO THE ACCOUNTS................................................ ..................................................................... Forth Valley Disability Sports A550Cl6tion Charlty no SC024362 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees submit their report together with the financial statements for the year erbded 31 December 2024. Reference and Administrative Information Charity name.. Forth Valley Sport5 Association For People Wlth A Disabilliv Commonly Known as- Forth Valley Disability Sports Association IFVOSI Charity number.. SC024362 Operational address: The Gannochy Sports Centre University of Stirling Stirling FK9 4LA Trustees Forth Valley Disability Sports A550ciation Charity no SC024362 TRUSTEES, ANNUAL REPORT (contlnuedj FOR THE YEAR ENDED 31 DECEMBER 2C124 Structure, governance and management Governin document The charity 15 a ScDEtish unlncorporated organisation and is governed by a constitution and controlled bv its rnan3gement committee who are also the trustees ol the charity. Trustee recruitment and 8 ointrn The constitution 311ows for a minimum of 7 trustees and a maximum of 15. They are elected bv rnembers of the charity 3t every annual general meeting. The trustees may co-opt other committee members as long a5 they qualify to be members. Objectives and activities haritable 05es l. Advancement of health 2. Advancernent of citizenship or community development 3. Advancement of public participation in sport 4. Provision of recreational facilities 5. Advancement of human rights 6. Promotion of religious or racial harmonv 7. Promotion of equality and diversity B. Summa of main activities in relation to those ob'ective5 Provision of grant aid 2. Running of suitable disability sports event5 prograrnme and offering sporting opportunities for people with physical, learning and sensory disabilities of all abilities 3. Regional sports session, manage Forth Valley te3ms to nJtion31 events Achievements and performance Forth Valley D15ability Sport IFVDSI has had a hugely successful 2024 2025 and we are éelighted that you are taking the time to read through our Accounts and Financial Statement, and we hope that you are doing so 'real-time' at our #TeamFVDS Annual General Meeting and Awards for 2024- 2025. I believe all good organisation5 embrace changg. dream big and most importantly. put people and relationships at thg heart, and this is true of our core staff team- which has augmented since last ycar. FVDS Coordinator New FVDS Physical Actlvity Officer New 505 Regional Manager TBC Forth Valley Disability Sports A$50ciation Charity no SC024362 TRUSTEES, ANNUAL REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024 Achlevements and perf0rrnan￿ (continuedj TfrE4Th lorincd o* ChBir erson, Vice Chairperson and Treasurer remain as respectively. At the last Financial Reviow, AGM and Awards we reported that has overhauled the 5VStems and processes to en5uie that we are rnore efficient and effective as 3rTr organisailon. We have now moved the organisation from analogue to digital. as we now are otErating In a 21" century manner, with our policies, procedures and processes digitised. Thig includes our operatlDnal and strategic work, as well as most recently, our digital banking processes. AI OLsr AGM last year, I spoke of an ambition and an 3ppetite for Change- specifically around an ambition lor equity and inclusion, and my unfaltering belief that participation in disability sport should not have financial barriers. We aimed for 25% of activities (Year 11, 50Yo of activities (Year 21 and lOO% activities Iyear 31 lo be fully funded so there was no cost to participants. l am delighted to inform you that we achieved IOOYO of this goal by the end of 2024, thanks to strong funding support from partner5. Specificalw, as Chair, I had the privilege of working alongside the Round Table, presenting an ambitious pitch for local support- this, combined with our Coordinator working with Secondary Schools on Youth Philanthropy Initiative IYPII, we are now offering activit￿5 in Clackmannanshire, Falkirk and Stirling free of tharg@. Financièlly, we were delighted when 6 months of hard work around an ambitlOU5 funding bid to National Lottery's Young Start fund paid off, as we were awarded £95.000- 100% of our requested funds. This has secured our coordinator position from 2024- 2027 and has allowed us to further enhance our organisation by appointing a Physical Artivity Officer from 2024- 2027 to deliver additionality, and critically, allow our coordinator strategic time to further develop our organisation. We have a new 3 year Branch Improvement Plan and Summary, with renewed vision, values and aims which will guide us through thc ncxt 12 months and beyond. We have exciting plan5 and an appetite for continued improvement. We must be the change we wish to see, and we musc continue to have Ihe young people and adults we are privileged to work with, at the heart of what we are aiming to achieve, at #TeamFVDS. we believe, we #INSPIRE and we look forward to continued partnership working. There will be challenges ahead- the financial climate remains challenging. there are 'issues' around the new Disclosure Processes and we, at the moment, have more arnbition than we can stafl .. but we will get there! Looking to 2025. we aim to have a refreshed constitution, a refreshed commillee structure and further enhance partnerships with Clackmannanshire, Falkirk and Stirling Councils, as well as our other partners. If you can support FVDS, please get in touch with any of our 8ranch Leadership Team. Financial review During the ye3r ended 31 December 2024. the trustees raised £91,23112023 £22.7141 from donations, grants and other fundraising activitie5 and expended £SO,94612023 £56,428). This resulted in a Surplus of £40,285 compared to a deficit of £33,714 in the previou5 year. Forth Valley Disability Sports A550ciation Charity no SC024362 TRUSTEES. ANNUAL REPORT (contlnuedj FOR THE YEAR ENDED 31 DECEMBER 2024 Reserves policv The trustees, policy is to ensure that sufficient funding is available to cover costs and work to forecast. ed on 17 March 2025 and signed on thelr behalf by: Ii