APPENDIX 1
oscr
Period start date
M￿th 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 cr￿Stitution.
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 fUnd1￿j 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 nO￿al, 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
D￿atr[￿s
17.506
17.506
15.638
Legacles
Grants
14,6110
14.600
9,800
R￿IptS frotn IutKJra￿￿g acti¥rt]es
Gross tradry re￿ip1s
knc(xne from InveSts)￿ts olher
kind and buildrys
Rents from laThJ & buildings
Gross recepts tr￿n 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 lUndts￿l￿ acllvth'es
Gross tradng payments
knve5tnEnt rnan3ge[r￿llt 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 acc￿nts
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
and￿S (rffwKls wortslwls)
Type ot activrty or propct 5UPPOrted
C2 Grants
Total
a tr￿tee cross thls t(Jx (otheTh￿e ccffiwe sectKffi 3bl
Authonty under which paid
C3b Trustee remuneration .
details
no ewnses were paxj to ary clw tr￿tee 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 re￿ipts and pa￿￿ents
1 Donations
9.1NI
8376
9.1x1
376
6.730
Tol
11.￿6
17,506
15638
2 Grants
Totsl10s1 K*nod
BBC Ch"klren in Need
1416
Grart Pewes Postc(xk Trwl
Cixnmu¥ty FWKI Granl
Tot
14
14.6
Fur#ts Rosyth Gaa
Sunwjp Ros￿1 Gala
Rosyth Gala
1.055
25
1,951
1,201
Bucket E35[ ETh1
Cthy nvJhl.
Buc*et collectic
MixellarEou5. tel￿J$
3,032
152
152
430
Tot
1232
1232
4 Paym•nts I￿atr.￿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
G￿ts
Grrss tWirrfJ recwpts
il(kngs
Retrt5 It￿n bL*1ir
1232
18,738
1232
18.738
8.34)
23.981
Sub lotsl
Prcteed$fr￿Sa* offixed assets
SUÈJ (olal
TolalTrceipts
18.n8
18,738
23.981
Grc6S t￿1r￿j pw
JOJ85
30JbS
132
GI￿ts
Sub
JO*5
JO985
29.132
F￿r{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•akdL￿n 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
IdI￿S
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
SU￿lUsI{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
Y￿r
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