2024-11-30-accounts

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

VIKS For a brighter future

Vision in Kids Scottish Charity No. SC044396 Annual Report & Financial Statements For the Year Ended 30 November 2024

You can teach a child a lesson for a day; But if you can teach him to learn by creating curiosity, He will continue the learning process as long as he lives.

Clay P. Bedford 1903-1991, Industrialist, Engineer, Teacher

Clay had a V ision I n K id S. So do we.

==> picture [27 x 8] intentionally omitted <==

----- Start of picture text -----
-VIKS
----- End of picture text -----

I.		Trustees’ Annual Report ........................................................................................................................... 1
	i.	Reference and administrative information ................................................................................... 1
	ii.	Structure Governance & Management ......................................................................................... 1
	iii.	Trustees’ Declaration ..................................................................................................................... 1
	iv.	Aims and objectives ....................................................................................................................... 2
	v.	Main achievements in this period ................................................................................................. 3
II.		Independent Examiner’s Report .............................................................................................................. 4
III.		Financial Statements ................................................................................................................................ 5
	i.	Receipts and Payments Accounts .................................................................................................. 5
	ii.	Statement of Balances ................................................................................................................... 7
	iii.	Financial Statements Approval ...................................................................................................... 9
	iv.	Notes to the Accounts ................................................................................................................... 9

I. Trustees’ Annual Report

i. Reference and administrative information

Charity Name Vision in Kids

Registered charity number SC044396

Main address 86 Ravelston Dykes Edinburgh EH12 6HE

Current Trustees

==> picture [113 x 49] intentionally omitted <==

Other Trustees, retirements and appointments N/A

ii. Structure Governance & Management

Constitution

The Charity is an unincorporated association. It is governed by its constitution which was adopted on 1 June 2013. The organisation was granted charitable status by OSCR on 6 November 2013.

Management

The trustees are responsible for the strategic direction and governance of VIKS. For certain activities that VIKS undertakes, we have a number of volunteers who support the objectives of VIKS. These volunteers occasionally attend trustee meetings to discuss progress and developments.

Reserves Policy

The trustees’ policy is to maintain reserves in excess of £1000 order to meet commitments and to cover any unexpected expenditure. Reserves at the end of the year exceeded the target range.

iii. Trustees’ Declaration

The trustees have pleasure in presenting this report together with the financial statements and the independent examiner’s report for the year ended 30 November 2024.

This report has been approved by the trustees on 30 November 2024 and signed on their behalf by:

==> picture [229 x 39] intentionally omitted <==

iv. Aims and objectives

Objectives

The purpose of VIKS is to improve the daily living, health, wellbeing and education of adolescents and teenagers (hereafter referred to as KidS). The focus for this group is to enhance the experience of 'growing up' and to help attain a better and brighter future for KidS.

The foundations under which VIKS aims to meet these objectives are as follows:

Providing support with mentorship, teaching and informal 'buddying' to KidS in order to promote their development and their growing up in a safe, healthy and supportive environment
Supplying materials which can improve general knowledge, and wider development of KidS through educational courses and journal
Developing and engaging KidS in work experience programmes to help them gain awareness and understanding of future career routes, and to improve their future career potential
Funding and supporting projects in which KidS can work with one another as part of voluntary work that instils a culture of giving and sense of community
Raising awareness for and promoting health and emotional wellbeing issues related to the growing up phase of KidS, and engaging the support of relevant services

Activities

VIKS engages in five broad themes of activities, some of which are in development whilst others are fully functioning programmes:

i. Work experience programmes : Organising and running structured programmes to allow school and early university students to gain an insight into future career options, particular those options where access to work experience may be limited or restrictive
ii. VIKS Award : Recognition for exceptional educational achievement and / or significant progress in the face of adversity during the schooling period of a child. To be supported with bursary awards for school children to instil confidence and financial support for development
iii. Magazine subscriptions : Funding for and provision of educational magazines and journals to school students who show interest in a particular field and may otherwise be limited in their access to such media
iv. Technical course sponsorship : Funding to enable children with limited financial or geographical access to take part in technical or vocational courses
v. Voluntary programmes : Organising and creating links for school and university students to take part in voluntary work. This will be done in a supported environment to build self-confidence, but also support a sense of contributing back to the community

v. Main achievements in this period

Achievements

VIKS had another good year as a registered Scottish charity. We continued to develop our work experience programme, engaging over 30 volunteers to support more than 400 KidS across Scotland through work experience programmes. Under the branding of ‘Medic Insight’, we provided programmes of work experience to support students from a diverse set of backgrounds to understand more about potential careers in medicine.

In addition, VIKS realised its ambition to create a VIKS award, and has awarded its first prize to a school student on the basis of academic achievement in the sciences – in order to support their pursuit in this area through their university education.

Future plans

VIKS has started to explore opportunities that were considered as part of ‘future activities’ in its founding handbook however its focus remains on the UK given its small scale efforts and volunteer basis at the moment.

Inde endent Examinerfs Re ort Independent Examlnerfs Report I report on the financial statements of the charity 'Vision in Kids, for the year ended 30 November 2024, which are set out on pages 5 to 8. Respectlve responslbllltles of Trustees and Examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Iscotlandl Act 20051"the 2005 Acfl and the Charities Accounts Iscotlandl Regulations 200613s amended) 1.the 2006 Regulations"). The charity s trustees consider that the audit requirement of Regulation Iolllldl of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section144lllllcl of the 2(K)5 Act and to state whether particular matters have come to my attention. Basis of Independent Examinerfs Statement My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seek5 explanations from the trustees concerning 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 opinion on the view given by the account5. Independent Examinerfs Statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that, in any material respect, the requirements.. to keep accounting records in accordance with section 44llllal of the 2005 Act and Regulation 4 of the 2006 RegLJ13tions, and to prepare accounts which accord with the accounting records and comply with Re8ulation 9 of the 2006 Regulations have not been met, or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached

III. Financial Statements

i. Receipts and Payments Accounts

A1 Receipts	Unrestricted funds to nearest £ 0	Restricted funds to nearest £ -	Expendable endowment funds to nearest £ -	Permanent endowment funds to nearest £ -	Total funds current period to nearest £ 0 0	Total funds last period to nearest £
Donations					0	458
Legacies
Grants
Receipts from fundraising activities
Gross tradingreceipts
Income from investments other than land and buildings
Rents from land & buildings
Gross receipts from other charitable activities

A1 Sub total	0	-	-	-	0	458

A2 Receipts from asset & investment sales					- -
Proceeds from sale of fixed assets					-	-
Proceeds from sale of investments					-	-

A2 Sub total	-	-	-	-	0	0

Total receipts	0	-	-	-	0	458
A3 Payments

A3 Payments
Expenses for fundraising activities					-
Gross trading payments					-
Investment management costs					-
Payments relating directly to charitable activities					0	660
Grants and donations
Governance costs:
Audit / independent examination
Preparation of annual accounts
Legal costs
Other

A3 Sub total	0	-	-	-	0	660

A4 Payments relating to asset and investment movements Purchases of fixed assets -

Purchase of investments
					-
A4 Sub total	-	-	-	-	-	0

Total payments	0	-	-	-		660

Net receipts / (payments)	0	-	-	-	0	(202)
A5 Transfers to / (from)
funds						-
Surplus / (deficit) for year	0	-	-	-	0	(202)

ii. Statement of Balances

B1 Cash Funds Cash and bank balances at start of year Surplus / (deficit) shown on receipts and payments account	Unrestricted funds to nearest £ -	Total current period to nearest £ 17237 0 -	Total last period to nearest £
Cash and bank balances at start of year	-		17438
Surplus / (deficit) shown on receipts and payments account			(202)
			-
		-	-

Cash and bank balances at end of year

17237 - - - 17237 17237

iii. Financial Statements Approval

The Notes on page 8 form an integral part of these accounts.

This report has been approved by the trustees on 12 Dec 2024 and signed on their behalf by:

==> picture [186 x 53] intentionally omitted <==

iv. Notes to the Accounts

1. Basis of Accounting

These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

2. Nature and purpose of funds

Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the Club.

Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.

3. Related Party Transactions

The Club’s insurance policy includes Trustee Indemnity Insurance for all its trustees. No remuneration or expenses were paid to the trustees or to any connected persons during the year.

OpenCharities

Contents