Black & Gold Foundation 'Iiisiiji'iii,¥ A cli77c' Li7?es' Annan Athletic Black and Gold Foundation Trustees, Annual Report 2024-2025 y*wb. Charity contact information Black and Gold Foiiiidatioii Scottish Cliarity Number: SC046074 Principal Office: Galabank Stadium Annan Dumfries & Galloway DG12 5DQ Telephone: 01461204108 Eniail: Website: tt S:Ilwww.annanathleticfc.comlanrian-athletic-in-the-communit / Facebook: hft s://www.facebook.comlAAFCBGF/ htt s.//x.coMiAnnanAthleticF￿'*,tH BlaLk & Golcl l-oundcltion 'Iii>iJ iriiig.4 c.tive L izie>" Charity Trustees The Trustees for the period April 2024 to March 2025 were; Structure, Governance and Management The Black & Gold Foundation operates as the charitable arm of Annan Athletic Football Club (AAFC),, while remaining organisationally independent. ,Governance is,1; undertaken by a volunteer Board of Trustees who oversee strategy. risk,aO1 finance, safeguarding, and..legal compliance. The Foundation is governed by its own % I Foundation Strategy and Constitution which set out our purpose, structure and describes how we operate. The trustees,ensure that Foundation complies with our constitution and. within the legal parameters set by the Scottish Chari Re ulator OSCR Black and Gold Foundation ISH CHARirf (SC046074) Black arnl Gold FouNlation Members Disabll" CommunSty Girts aTrJ. l3dl•S.: F(￿ll (SWFA) Walklry Football vthffanj I Arnied (SYFW a Chthn's Footbdl ri {W>P7) Youth Foatb¥l ' IUU4Jln . Ffxxbaa (Ul?-U141 Me*th a Tewn •yer l Te Coach Ed￿atr Playv /Tearn It supports a number of member groups within the club and local community. Ccynrnunlty P•rtn•rn" D&G c￿ncl. HO￿¥(￿d Trust. SPFL Trust. Magnox. Awards for All. Amandale & Eskdale Arnbularre und, SHAP. Cunnlnghame Houslr& Arnan C(xnmon Good Fund Recruitment and Appointment of Trustees The board of between 3-9 trustees (with up to 2 appointed by Annan Athlefic FC) are recruited from: Community groups Annan Athletic FC User organisations Professional backgrounds supportive of the charity's aims Trustees are appointed following an application and approval process and inducted using OSCR best practice, including training in governance, safeguarding and charity finance. Our trustees have remained consistent across the year and are drawn from the community groups linked to Annan Athletic FC and the main board. They have a diverse range of experience within business, charity and community work. .1",1;Tl,, 1Slack & Gold foiiiidcltion "Iii>p iriiig.4 ¢"tiiJe L ives- Managemeiit The board of trLlStees aini to support tlie user and comiiiuiiity groups within Annan. The day-to-day operations are delivei.ed by coaclies, volunteers, commuiiity staff and support personnel linked to Annan Atliletic comiiiLJlllty groups. These activities are supported by partnership working with DLimfries & Galloway CoLJncil, Active Schools, SPFL Trust and local organisations.Alongside this the Trustees work to access additional funding that supports the activities and developmeiits within the club. Charitable Purposes The charity exists to advance: Citizenship and coininunity development Public participation In sport Health, wellbeing and education Inclusion and equal opportunities Provision.of recreational and social facilities Guided by the vision 'lnspiring Active Lives" .the Foundation supports activities for: Schools I"Children & young people Adults and older people Girls & women Disability groups Rural comm'unities Minority groupsptw. Health & wellbeing initiatives Employability & education programmes Objectives and activities The Foundation operates under the vision "Inspiring Active Lives" built around five core values: Participation, Motivation, Employability, Venues and Partnership. Its charitable purposes focus on: 1. Advancement of citizenship and community development 2. Advancement of public participation in sport.. 4,.% 3. Provision of recreational facilities to improve health and wellbeing The Foundation delivers programmes across several key target groups listed in the strategy: Schools Community Football (P1-P7) Youths (U13-U17) Adults and Older People Girls and Women Disability groups Activities delivered throughout the year align with the Strategic Development Plan aims of increasing participation, widening community engagement and supporting healthier, more active lifestyles. Rural communities Health and lifestyle projects Education and employability Minority and hard-to-reach groups IllaL'k & Gold I;oiiiidation 'Iii>V iriiig .4 c'ti lie L iiJe>" 2024-25 Achievements and Perfomiance Using the strategic plan as a guide, the FoLJndation lias continued to support our cominunity groups and local scliools, allowing tliem to expand participation and deliver conimunity benefit. Due to the level of reserves tliat were held at the start of the financial year, tlie Fouiidation took the decision to continue to finaiicially support our user groups, allowing the financial reserves to coine to a more sustairiable level. Key activity areas include: School Engageinent: Supporting school football.festivair providifg opportunities for increased participation in football. Community Football Programme Providing financial support (£4000) for training kit, reducing the cost of participating In football for over 200 children. Supporting training costs (£1,600 towards coaching qualifications and first aid training) ensuring that children participating within the club and supported by qualified coaches. Supporting,the purchase and repairs of training equipment (e.g. £3233 towards coach kit). Girls and Ladies Supported'the female player pathway by sponsoring the girls under 14 team in their first season within the league development structure. The team went on to have a successf.ul season finishing 2nd in their league. • Supporting training costs (£606 e. towards coa,ching qualifications-and first aid trainin'g) increasing coach education provision and ensuring high,qLJality c.oaching for all participants. Supporting the purchase&nd repairs of. training.equipment. Education and Employability SPFL Trust-supported programmes (e.g £250 towards our FFIT Fan Group supporting them to continue to access football sessions, running holiday camps including First Aid skills. Promotion of free Summer activities in partnersliip with Dumfries and Galloway Council. Accessing SPFL Trust and McDonalds funding (£3600), allowing children to access football sessions througli our Coinmunity Football and Girls programmes. Get f it for l {. FREE Cll¢k •liA fi•vJl BlaLk & Gold l-,ouiid£iLion "111spiriiis Ac"liiie L iipe>" Disabllity Sports Supported Annan Atliletics, Disability Football Team witli a donation (£933) allowiiig tliem to purchase new training kit for both squads. Engagenient Increased social niedia presence through Facebook and X. This has allowed opportunities to share coinmunity group activities and increase interactions (73 % followers, 27 % non~followers) Annan Athletic FC Supporfing the club through-loaiis to maintain the, running of essential services and running costs. Governance and Organisation Development Ensuring the Foundation continues to operate with integrity, transparency and community focus, the foundation developed; Clearer audit trails for funding requests Introduced a standardised process for documenting all funding applications and awards. I q , Ensured records are accessible, verifiable, and aligned with OSCR best practice. Provided regular reports through meetings to Trustees and community partners on funding outcomes,- Defined Boundaries Between Foundation and User Groups Established clearer lines of responsibility between the Foundation and affiliated user groups. Empowered groups to take greater ownershtp of their activities, budgets, and decision-making. Maintained oversight through Trustee representation while encouraging autonomy and innovation: Defined Boundaries Between_Foundation and User Groups Mapped all community groups within the Foundation's structure. Supported clear terms of reference and reporting lines for each group where appropriate. Increased visibility of group activities through social media links and community updates at trustee meetings. By embedding these improvements, the Foundation aimed to strengthen trust with funders, partners, and the community, while ensuring that user groups felt empowered and supported to deliver their programmes effectively. Black & Gold Foundation "Jiis})iriiis Active L ives" Ffnanclal ￿vIeW As cali be seen froni th.e audited accounts tlie Foiiiidation has maiiaged to reduce held reserves. Wliilst coiitinliing to access SPFL Trust fundiiig (£3600), this has contributed toivards the support for tlie various user groLlPS. Tlie fouiidation has SLJpported the groups with nearly £18,000 of grant fuiiding over the finaiicial yec?r 2024-25. Within the current reserve of £32,276 the foundation has agreed to support AAFC'S development of the kitchen (£5,000 witli tlie potential addition of another £5,000 contingency). Details of any deficit In line with the strategic plan for the Foundation,.the deficit shown this year (£13,807) has allowed the Foundation to bring the reserves down to around £30,000, This will allow the Foundation to continue to support the activities of the user groups and Annan Athletic FC'S community work. Declaration Signed on behalf of thocharity trustees;- Designation Chairperson 8th December 2025 Date IdLk & Golil foiinddtioii "Iiispiriiig.4ctive L ives" AppfNf)Ix 2 r.thof charlly n8rnf• bolixv Fnl+Y SC, Trl? b4lfN' SC046074 OSCR Receipts aiicl i)ayiTieiits accoLJnts Period s'alt Uaie Ppfiod end d3to Pl,onlh For Ilie perlod from t,1oril ￿01t￿h (haiity Regulator to 01 2024 31 03 2025 Se¢tloh A Stat•m•nt of r•c•l t8 and Unrestrlcted fiinds Restrlcted fiiii(Is Expeiidal)le endowmeiit fuiids Permanent endowment funds Total funds current period Total funds last perlod lo n••nbgt £ lo noar•st £ to noarost £ to nearost £ to near•st £ to n•8r•st £ A1 Recelpts Donations £216.00 216 Legaues Gr3nts £3,600.00 3,600 Receipts from fundraising activities Gross trading receipls Income from Investments other than land and buildings Rents from land & buildings Gross receipts from other chantable activities £27,000.00 27,000 A1 Sub total 30,816 30,816 A2 Receipts from asset & Investment sales Proceeds from sale of fixed assets Proceeds from sale of investments A2 Sub total Total receipts 30,816 30,816 A3 Payments Expenses for fundraising activities Gross trading payments Investment management costs Payments relating directly to chantable activitses Grants and donations £44,622.60 44,623 Govemance costs.. Audit I Independent examinatson Preparatjon of annual accounts Legal costs Other A3 Sub total 44,623 44,623 A4 Payments relating to asset and investment movements Purchases of fixed assets Purchase of investments A4 Sub total Total payments 44,623 44,623 Net receipts / (payments) (13,807) (13,807) A5 Transfers to l (from) funds Surplus / (deficit) for year (13,807) (13,807) APPE.NDIX 2 SC046074 S•euon B Statement ol balinc•• Unr•strlclod fund• Exp•ndabl• •ndowrn•nl lundg ta n•*r•gt t P•fman•nt •ndowffl•nl fiindg to n•arnsl t R••trlrt•d fund• Totsl OUff•ftf p•rfod eo n•*r•gt £ Total last PQflod Catfroorles to nMrn•l t to n•4r••l £ lo n•af•gl £ Bl C*sh fundg C8sh And ba￿ balftrr05 81 st8rt 01 yeAf 48,082 A8,082 Swplus l (doflcjl) styhvn on roc8lpi8 P8yrnVlts Bcmmt 113,8071 (13.8071 Cash and bank balance9 at end of yoar (Aofw bal•nces rneeiplg and paynenlg accd5043.xlsx l Notes Decembef 2007 EN￿x ?, SC046074 Addftlonal analy811 (11 An•ly%lq OT rncèlpls and paymonts 1 Don8tlons Unrn%lrlcltd fund• Exp•ndibl• ondowmenl lundg lo n8w••l £ P•rnian•nl •ndowm•nt fund• lo neaieAI t Roilrlcied lund• Total eurrnnt P•flod lo noa1￿1 t Total la8t perfod lo n•oioAI r to n•*••t ¢ £216 00 216 TotAI 216 216 2 Grants 11nrn￿rfcIed lund* to n•arMt £ Total currenl offtrlod to noo1•9t £ R•strlclod lunds Total last perlod to nearnst £ eo nearfrsl £ SFA £3,600.00 3,600 Total 3,600 3,600 3 Gross receipts from other charitable activities Unrnstrlcied fund• Expendable endowment funds Perrnanent endowment funds Total current perlod Restricted funds Total last perlod to n•arest £ to neaf•sI £ lo noarest £ Loans Repaid £27.000.00 27,000 Total 27,000 27,000 4 Payments relaténg directly to charitable activities Unrestricted funds Expendable endowment funds to neaiest £ Pormanenl endowrnent funds to nearesl £ Resiracted funds Total current perlod ToLIl last perlod lo n••fest £ to nwest £ to ne•est £ Loans AAFC Wies FC Youths First AAFC FFIT ArnaTrJale & Eskdale D￿abilIty FcK)tball AAFC Youth 2013 Traning AAFC U 13 Donatson AAFC Youths Coach AAFC Ladies FC U15 AAFC 2015 AAFC U17 AAFC 2017 AAFC P1 £27,000.00 £6,000 00 £1,600 00 £250.00 27.000 6,000 1,600 250 £933.60 934 £soo.00 500 £soo.00 £3,233.00 £606,00 600 3.233 606 £soo.00 500 £soo 00 £500 00 £500.00 £soo,00 £500.00 AAFC P6 AFC P4 £500.00 £500.00 Tota I 44,623 41,123 felef•nu err VJ0flb7￿4J4l.s99l.fdO876bdsO43￿tsXAda￿n4l noles (1) Drf•mber 2007 Ap1￿.￿4¥ ? SC046074 Addttknhil •naly•l•12) IK*44': , S Br*akdown of unrngirtctfrd fiindi Unrnilrlrf•d Iiind 2 - trnt*t ntsni• rjl lun b•li>w ljft t•¢lf Ir.t•d hind 4 . •tilfjr namo ol lund b•lo Iiind l . trlleT ftTrftio vl Ivrnl b•leJw flind J • enleq n11 fflo ol Iiin b41ItJ* Totsl 11fi1•glrklod lundq Total uTre•ilrlelad lund• IMI poilod Reeolpts Currnnl Account Leg•c*s Grants Currnnt Accounl Rec•pls Ir¢*Tr luTrdraiskng acllvlles Gross Ir•thng fec Curr•nt A¢¢ounl Rftnls from land & bulldn95 Gross I￿￿p1s frtrfn olhLY charftablè •cllwli•3 Sub total Currtnt Account Recoipts Irorn asset & Invostmont salÈs PrDceeds frtyn Sale of r￿ed agsels PrDceods tr(xn gale ol fftvestrnents Total receipts ènts Expenses lor fundra￿￿19 aCbVrt￿3 Current Account GrDSS Iradww paymenls Investmeni managemenl costs Payrmnls relatsng diiKtty lo charrtable actmlies Current Account Current Account Gran15 and donatsons Govemance costs Audit I ￿dePenden1 examinalion Preparation of annual accounts Legal costs Sub total Payments relating to asset and Investment movements Purthases of fixed assets Purchase of Investrnents Sub total ZZZZ4Z Total payments Transfers to l (from) funds Surplus / (deficlt) for year Nature and ur ose of funds ioorib7542014341 a991.Id)876bd5043 JISXAdthb(￿al notes (2) Doc•mb•f 2W7 hPPfNL*X ? SC046074 AddMon•l •n•lyil• (J). . 6 Brnakdown ol rostrlttod fundg R•qlilct•d Iiind R•gliiLled hin Il•Jliitt•d luii P•lli Icletl Itind Iiind b•lo Ivnd b•ltr lund b•1 TolAI t•qlrlcl•d Total r•Jlfkl•d lundi lundg 1•91 rfod R•cf)Ipls Don•iions Grants Rpceipt% from lundrnsino 8thvllio3 Gross trading recelptS Incor rom Invostmvnl% other than ildin95 Rents trom land & buildlngs GrDSS receos trom other ch8rttdble 8Ctlvitiei Stsb tol81 ano and R￿•1 ts frorn asset & Invostmenl saloi PP￿d6 from $8le ol Iixod assets Proceeds from sale of Investff*nlS Sub total Total recelpfs Payrnonts Expenses for fundraisirKJ 8Cbwibes GfDSS tradirwa p8ynK>nts Investrnent management costs PayTrnts rvlating direclly to thanlable athvibes Grants and donabons Governance costs. Au(Jit I Independent examinabon Prepar8bon ol annual accounts Legal cosls Sub lolal Payments rElatlng to asset and Investment movements Purchases ol fixed assets F>urchase of 1nvestm.ents Total paymen¢s Transfers to l (from) funds Surplus / (deficif) for year Nature and ose of funds IQOf7b7$420143414991 Id0876bJ5043.xlAxAddAon41 notes (3) D•c•n*•i 2007 APPENDIX 3 OSCR sCott￿h Chanty Re8ulator Report to tlie harity nain tlllStee51inembers of Black and Gold Foundation Independent examiner's report on the accounts Registered cliarity number On the accounts of tlie charity for the period SC046074 Period start dclte Month Period end date Month Year Year 04 024 025 Set out on pages remember t lude th umbers of additi al Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (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 Act and to state whether particular matters have come to my attention. Basis of independent i My examination is carried out in accordance with Regulation 11 of the 2006 Accounts examiner's statement 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 seeks 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 accounts. In the course of my examinabon, no matter has come to my attention [other than that disclosed on the attached page"] Independent examiner's statement which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 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 to which, in my opinion, attention should be drawn in order to enable a proper und Signed. Name: Relevant professional qualification(s) or body (if any): Address: "Please delete the words In the brackets If they do not apply If the words do apply, set out those matters which have come to your attention on the following page CR will accept digita or typed signatures APPENDIX 3 018¢loiurn 8èctlon Oiily complete if the examiner needs to highlight material problems. Give here brief details of any items tliat Ilie examiner wishes to disclose