APPENDIX 1 oscr Period start date Mth Year Period end date Month Year From To 01 April 2024 31 March 2025 Office of the Scottish Charity Regulator Reference and administration details Charity name other names charity is known by Registered charity number Charity's principal address The Karate Initiative Camegie Dojo SC039618 Names of the charity trustees on date of approval of Trustees, Annual Report Trustee name Office (rf any) Dates acted if not for whole year {or body) entitled to appoint trustee (if any) 10 11 12 13 14 15 16 17 18 19 20
APPENDIX 1 Reference and administration details Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period) Name Dates acted rf n(A for whole year Structure, governance and management Type of governing document The Trust was set up by and was | recognised as a Scottish Charity wtth effect from June 2008. The Charity changed its legal status to a Scottish Charitable Incorporated Organisation in November 2016. The Trust is administered in accordance with the tems of the Karate Initiattve crStitution. Trustee recruitment and appointment The trustees were those reolected at the AGM on 1 Y December 2024 and in accordance wrth the Constitution will be required to be re-elected at the AGM in 2026. Objectives and activities Charitable purposes To encourage the promotion and participation in the sport of karate arKI in doing so be affiliated to and support the Japan Karate Association (JKA) and to comply with their regulations and stabjtes. To relieve poverty by raising necessary caprtal to provide free of charge, whenever possible, all equipment, instruction, courses, gradings, equipment and relevant insurances required to participate in this sport. and to advance citizenship and communty development, especially in | young people, through demonstrating values such as integrty. dignty & respect, thereby encouraging positive relationships wrth the wider communty. During the year the charty had available funds of £39,646.34, thts figure comprised of £6,308.11 from the previous year, donations from students of £9.130.00 and various grants and fund-raising events totalling £24.208.23. Summary of the main activities in relation to these objects This figure is in line with previous years fUnd1j wrth the continued good work of the fijndraising committee.
APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period During the year the charity paid out monies totalling £37,984.95. 2024-25 was another challenging year. Whilst post Covid training has generally retumed to nOal, there has been a noticeable change in the student mental wellbeing which has had a long-term effect on their physical wellbeing making it harder to retsin more younger students. Hopefulty this will be just a short-temi issue, and things wll retum to nompl soon. Our students were able to compete at both Nation and Intemational Competitions wtth several of our students competing al the JKA Worfd Championships held in Japan. The charity was able to cover the majortty of their expenses for this prestigious event. In May 2025 we were also able to send students to JKA European Championships held in the Czech RepublTrc which shows the high standards the charity is able to maintain. The cost of Itving crisis continues to have an impact on the running costs of the charity as does the issues surrounding Brexit and import duties levied on equipment coming from the EU. Our main issues as we move forward is a huge increase in the rental cost of the building and we continue to seek other avenues of income to cover these costs. 2025-2026 will once again be a difficult year as we juggle our income to cover high rent. gas and electricity costs. We will continue to look into various donations available to us and continue to look for ways to raise additional fvnding through our fundraising committee. Financial review Brlef statement of the charlty's pollcy on reserves At 31st March 2025 the chaiity held £1,661.39 at the bank and whilst we would like this figure to be higher. the Trustees consider this to be appropriate to allow them to continue with their responsibilities to the students. Details of any deficit Donated facilities and services (rf any) All instructors still give their time Willing and do not receive any payment for their instruction or for any other expenses incurred during the running of this initiative.
APPENDIX 1 other optional information Declaration The trustees declare that they have approved the trustees. report above. Slgned on behaw of the charlty's trustees Signature(s) Full name(s) Position {e.g. Chair) Chairman Date 22-12-25
AFFENDIX 2 OSCR The Karate Initiative SC039618 Receipts and payments accounts Scottish (harity Regulaor For th perTrod from oi PRIL 2W24 31 RCH Section A Statement of receipts and payments Restricted funds Expendablè •ndowm•nt funds Pefmanent •ndowm•nt funds Totsl fund5 current penod Total funds last period Tund5 ion8We8lf to n••re5t£ A1 Reeelpts Datr[s 17.506 17.506 15.638 Legacles Grants 14,6110 14.600 9,800 RIptS frotn IutKJrag acti¥rt]es Gross tradry reip1s knc(xne from InveSts)ts olher kind and buildrys Rents from laThJ & buildings Gross recepts trn other charrt activrt 1232 1332 8.399 A1 Sub total 18.738 33.338 33.B37 A2 Rtetipts from assèt & inv•sthi•ni sal•s Proceeds from sak ol fixed assets Proceeds from Sa of Invesbnents A2 Sub toral Total "pts 18.738 14600 33.338 33.837 A3 Payments Eynses for lUndtsl acllvth'es Gross tradng payments knve5tnEnt rnan3ge[rllt costs PayThats rdkng diiectty to acbvrt Grants and dcffiat*)ns 30.985 37.985 35.829 Govemance costs" Audrt I ndependenl exannath)n PreparaU(ffi of amual accnts Legal costs A3 Sub total 30.985 37.985 35.829 A4 Payments relating to asstt and Invèstrnent movemènts Purcthases of fL¥ed assets Purchase ol investrnents A4 Sub total Totalpayments 30.985 7.000 37.985 35,829 112.2471 4,647 11,992 A5 Transfers to I (from) funds Surplus/(defieft) foryear 12,247 4.647 1,992
The Karate InlUatlve Section B Statement of balanees SC039618 r(rtacut Ldieuviiey B1 Cash luTh15 IiU4n ¥l(•l} B3 Ollwa5xts 27 108 274 109 1S0 57 511 1W6 B4 LSatr4Mtks B5 Cortirwprt 2-12-25
AFFENDIX 2 The Karate Initiative SC039618 Section C Notes to the Accounts C1 Nature and purpose ol nds (may be staled on andS (rffwKls wortslwls) Type ot activrty or propct 5UPPOrted C2 Grants Total a trtee cross thls t(Jx (otheThe ccffiwe sectKffi 3bl Authonty under which paid C3b Trustee remuneration . details no ewnses were paxj to ary clw trtee then Ihis )X C4b Trustee expenses. details Nature of relationshi Nature of transaction CS Transactions with trustees and connected persons C6 Other inforrnthn
The Karate Inltlatlve SC039618 Additional analysis111 Anatysis of reipts and paents 1 Donations 9.1NI 8376 9.1x1 376 6.730 Tol 11.6 17,506 15638 2 Grants Totsl10s1 Knod BBC Ch"klren in Need 1416 Grart Pewes Postc(xk Trwl Cixnmu¥ty FWKI Granl Tot 14 14.6 Fur#ts Rosyth Gaa Sunwjp Ros1 Gala Rosyth Gala 1.055 25 1,951 1,201 Bucket E35[ ETh1 Cthy nvJhl. Bucet collectic MixellarEou5. telJ$ 3,032 152 152 430 Tot 1232 1232 4 Paym•nts Iatr.9 dlr•cty io ehariiabl• a¢tMb e SJ"ts & Belts 5,035 14A19 1&9T 1S916 1040 $151 1.IM3 S151 3.036 Other Eyrtses Repaits & manterwKe VetxE Fees 2,116 5.030 Pnrt Stsl & Ad 111 241 260 Irtswance Gas. E*ty & Water 1.945 37. 35
SC039618 Additional analysis121 Receip 17.506 17. 1SfjJ8 Legacies Gts Grrss tWirrfJ recwpts il(kngs Retrt5 Itn bL1ir 1232 18,738 1232 18.738 8.34) 23.981 Sub lotsl Prcteed$frSa offixed assets SUÈJ (olal TolalTrceipts 18.n8 18,738 23.981 Grc6S t1rj pw JOJ85 30JbS 132 GIts Sub JO*5 JO985 29.132 Fr{ha585 cdfixed a&sets Sub total Totslpaymerts 30.985 30.985 29.131 112247> 11U4n Tran8fern to llfroml Suryth/(d&ilJ forye 11224 1234 5151 Natste and of fu
APPENDLX 2 The Karate Initiative SC039618 Additional analysis {31 6 Br•akdLn of r•strirt•d funds ReWIc twd RestyKied Restricted IWMI ResuKted fw¥J 1 .enteT natne ot 2.enter name of 3. entetnwne of 4.entet e ot Total restiided Total restricted funds Lqst per RèeeiOS Lew*s Grants 14600 1461)0 9,0 IdIS Rents from laTh1 & Gross c[l5 trorn other charrtat4e Sub toial 14,600 14.600 9.856 Receipts from asset & investmerrt sales Pr(xeeds from Sa of fixed assets Sub total 14.600 14600 Payin•nts In%EsttrEnt managernent u)sts 551 Lega c(6ts Sub total 7.(KlO 7.000 6.551 movements 2A63 7.000 7,000 9.014 7.0 7.600 Transf•rs to I (from) funds 92 SUlUsI{defic1lj foryear 7.600 7.600 Nature and offimd5
APPENDIX 3 OSCR Scottish Chartty Regulator Inde endent examinerfs re ort on the accounts Report to the Charfy na THE KARATE INITIATIVE trusteeslmembers of | Registered charity SC039618 number On the accounts of the charity for the period Period start date Month APRIL Period end date Mcmth MARCH Yr 2024 Year 2025 01 to 31 Set out on pages Respective The charity's trustees are resFonsibl2 for the preparation of the accounts in accordan responsibilities of with the temis of the Charities and Trustee Investment (Scotland) 2005 Act and the trustees and examiner Charities Accounts (Scotland) Regulations 20[ (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d} of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Acl and to state whether particular matters have come to my attention. Basis of independent My examination is carried out in accordance wilh Regulation 11 of the 2006 Accounts examinevs ststement Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wth those records. It also indudes consideration of any unusual items or disdosures in the accounts and seeks explanats'ons from the trustees concemiw any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinK)n on the view given by the accounts. Independent •xaminerf8 In the course of my examination, no matter has come to my attention [other than that statement disclosed on the attached pagel which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance wtlh se(*on 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion. attention should be dra in order to enable a proper unts to be reached. Date: Signed: Name: Relevant professional qualification(s) or body CHARTERED ACCOUNTANT (if any): 22-12-25 Address: 'Please delete the words in the brackets rf ts th) rKtrt aptty. If the thrwds do apFty, set out tlN)se matters which have cm to your 8ttentK)n on the following pwJe.
APPENDIX 3 Disclosure section Only complete rf the examiner needs to highlight material problems. Give here brief details of any items that the examiner wishes to disclose