The Royal Company of Archers Charitable Trust Scottish Cha17ty No - SC047687 Annual Report and Flnanclal Statements For the Period ended 31st October 2024
Trustees, Annual Report For tho perlod onded 31" October 2024 The trustees have pleasure in presenting their Teport ttether wth the financial ststements for the year to 31* October 2024 Reference and Admlnlstratlve Inforn)atlon Charlty n8m8: The Royal Company ofAr¢hers Chantable Trust Charlty no: SC047687 Address: Archers. Hall, 66 Bucdeuch Straet. Edinburgh EH8 9LR Current Trustees: Up to three Trusteas are elected by the Members and up ljvo Trustees can b8 co-opted by Ihe board of Trustees. In addrtion, the Secretary and Treasurer of the Royal Company of CherS are eXaoffi¢io trustees. The Trustees who held office at the year and their da18s of appointment are.. Dats of Appolnbnont Chalrman 30 Ap1 2020 13 April 2022 13 April 2022 28 April 2021 13 April 2022 Secretary 17Apri12019 Treasurer 28April 2021 There were no trustee reliiemenls in the year. Independent Examlner
Flnandal R•vlew: The tharlty pnCIpal ftmds its grants from donatlons made to It by Bowmen Ltd. a wbsldlary oflhe Royal Company ofArthern. In the year to 31 October 2024 8th¥mon donated £19.000 (2023: £9.000). Other donatlons of unr8strlct8d funds of £1,900 are made up of a donatton by the Matthvws Wdghl8on Chaty TnJ8L Th8 r8strl¢t8d fund don8llon of £9,635 {2023: £10,419) [8 8pecMle4lly for the benefft of Scol8care. Tho funds for IN8 donatlon were sourced from $pcK)rShIP arranged by LorKlon based Archers, gift ald on that sponsornhlp, and £2.000 provlded by the Charlty. Transfer8 are made from unr98trlcted funds to cover the Charty'8 donatlon ensurfng the restrlcted fund'8 cash balanco rn8tch88 th8 mmItManL Tho Tru&tse8 rngulwly meet wrth the Coundl of tho Royal Company of Archarn to dl8OJ88 tha Ch8rlty'8 progr9$8 and to 88tabll8h the approprtotelovel of 8owmen Umlted'8 donatlon for the comlng r. RM•rv•• pollcy: Tho ch8rfty'8 pollcy18 to •n8urn that firturn ¢ommbtments cèn always be mot from 8 cxjmblnatlon of funds held and 8greed ftrture donations from Bowmen Llmlted. On 31 October 2024, fund8 held totallad £8,42712023'. £9,722) and the future ft)rni wmmthwnts amount to £17.876 {2023: £8.968>. A further £31.300 of grant appllcatlon8 arn conlngent on tho effectfv8n888 of tha Inltlal grant made. The Imlng profile ofthe88 commltments18 covered by th8 tlmlng proffle offuturn donalon8. notably tho donatlon• rnade by 8Thvmen Llwdted. Plan• for futur• p•rfod: The trustoas plan to enhanc8 tt8 profile wlth th08e for whom ts charlty vl8lM to b8nefft aThl to In¢r808e the number and amOt of grants made.
Chalrnian's Report: I have great pleasure in presenting this seventh report on the activibes of the Royal Company of Archers Charitable TNs( tTr3ether wth the accounts for the year to 31. 0(knb8r 2024. Thls Trust is the tharithe arm of the Royal Company of Archers. The Charity a1ft to relle¢t th& t>)ty$ principal a¢tivtties as a (xremonial body and tradltKJnal Iwbow archery dub. The Royal Company of thhers has exlstlng erKI Wstsndlng charftabb acllvty through maklng Its archery butts aVaable to dlsabw eX-SeIcern8n. This has g)od outcy)mes by bCStsng the morale of those Involved. It has also resulled in competilve suctess as benefi¢Lqdes have represented Great Britain at international level and there have b88n winning pthmances by ben8ficianes at United Kingdom disabled archery events. With Its Scottish roots. the Royal Company of knhers has an impcrttsnl cdl8dion of histrxic artefacts and documents CLneCted wth the development of archw in SD)ttand. Developln9 on the above. th8 ot4ects of the Charity (x)ver the enc4)uragement of 8Wrtlng acvitl88 In Scouand. with a majcrf emphasis on the disabled and those %tho have S8j in the United Kin9dom armed sorvices or other put4ic seThKe bodies. It a0 seeks to supwt the pThfjryatn of the hgrftage and ¢ulbJre of Scotland linked lo its hi8tory as an erchery club. Cumulatfv8 grants madg or lJmmltl6d to dats 8ftnt to £155,89312023: £110,904). Thls Includas support for the Swtti8h ar(ery dth. young p8orA6, ex-seTric8mgn. S¢)Jts in London, and d198bled athlete$. NI grants were paid in the year totslling £34,080. There are %x grants d1CtlY related lo archery totalling £19.2C(J. These grants covered pnjvision of equipmenL instN(or training, or ctynpelitor support and th8 organisalions supported Wre Scottish Athry, West of Scotland Arch8ry associauon, 1•1 Melhlick sCt Group. Scottish AKclw East A88ociakn, Orkney Axchers, and finally a promlsing Olympic archer. Counlwlde Leamlng ScollarKI recewl 8 grant of £3.(XX> towards thelr alms of Incre88lng acc8S8 to. aThJ underslandlng of, the oJunlry8lde the pos81blllty of a subsequent grant In the fo1n9 y98r. Sport$ Drlvlng who parti¢lP8tes In competmlve ¢arriag8 drivlng received a gr8nt of £2.245 to allow ona of Ihelr hlghway drlvers to obtaln an HGV Ilcen(x so that they cwld better tran8p)rt cgttsges lo events In an approprfale vehlde. An annualty repoaUng granl, lthlch thls y8¥ wes £9.635, was advanced to Scotscare. a charfty set up to holp Scots homeless in Lon(bn. The grant is funded from thnats'ons inclusive of gift aid raised by archery ShCling members of the Royal Company in London. The funds raised are linked to douts sred in 8 season and tha Charity then adds £2.OIKI to th8 donation. The Trustees have been very ImprnSS by ¢tsJtats)n and detennination ofthe b8n8ficiarie8. Th Truste8s seek to exparKI the numb8r and frequenw of awards made to sinmlarfy eligible beneficiaries. The Trustees report Tegul8ty to the cpary ofArchers. who agree an annual sum 1¢h will be made aVailae lo fvnd grants. For the year to 31 Oclober 2024, The Royal Company of Archers made £20,000 ovai18ble of whith £19.C(JO was arx*ssed. In the comirwJ year. The Roy81 Company ofArthers has ststed Ihat up to a fvrther £25,Cth is availablo. All research and admlnistrative SUFWt a delivered by the Seuetsry ofthe Royal Company of Archers and the Trustees and there is no intention to employ staff From progress lo date, l am COnfent that
Structure, G0Wrnan and Manag•m•nt Th8 Charity. regi8tered on 31 W 2017. 18 8 St>)Ilth Chwitth Inu)r Organisallon {SCIO). The Member8 ofthe SCIO are the Royal Cryny Of its Captsin G8n8ral. 8nd the Presld8nt of Coundl. Th Captain Genernl and the Presidert of CtyJn(al are rn8rn in an ox offlcio cap8Cty. Tho Roy81 Company ofth apwjints a ned Ryesentalivg and a Deputs to tran$8¢t any bus98$ rdating to Its afthe CPwity. Trust888 can b8 opw)Inted by el8th. etsopkn. c as 8x oll%) Intst888. The Memb8r8 may appdnt up to three dected TNstees. the Board oftho Charlty may ctsopt up to t> TnJst808. 8Th1 the ox ollldo Truste88 aro the S8(xetsry and Treasurer ofthe Royal Cw8ny of A. Ono thd of tha Eloctsd ofthe Royal Cyany ofArchws. A wptsd Tntsts8 nood not be a member cl the Royal Company of number of trustee8 must bo more than Ifne and1088 than or equd Io 8vrfen. The Trn8tee8 moat mguty the affakn olth• SCIO. ObJ•ctlv•• and Adlvlll Ch•rllabl• purpo•••: To carry out actfvitle8 and to rd donth and grnnts In fvrthwanrn of thè art8. horSts98. ClUre. •ctence; tho advancement d publlc parudpakn In 8p(rt of weat11 fadlltsos or thelr OryJ8nl8Otbn Wlth ts ow of ImpTvAng t o)ndthns of lrfe for per80ns ts ¥¥trni thg fa¢llltles or actlvllles •rn prlmortly Inlonded: rthf dIlK In by olap. lll Iallh, dloalJllty. fingnclAI harfshlp, ¢x another d18advanlage. Comp8ny of nhors 80 that arcPwy act1vl1 aThl olher siKrts are th? ff$ ol the 8UPPOrt provklod. Sportlng related aclvltles rewlt In lasting sodol trnproved publlc parudpatbn. rehabllltatlon of bonefidarfes affe&ed by dls8bdlty. Injury or Ill hoth we all favoured. In addlllon to swrt8. th8 Charfty has an Interest h the o)rffjeNth and wotoctkm of artefacts o)nnected wlth the development of archery In Sc¥)tsnd. and tho hwitsgo aThJ of Sc4)Iland Intgudlng that of the Unlted KIngd anYd 8ef¥rfcos other servk8. The chadty pa oth grants durirYJ tho perknd £34.080 (2023: £37.746) ofwhlch £9.635 (2023: £10,419) was kn ros1rk wTpose8. The Unres funds crf £24.445 towards assl8tlNJ arthery dubs, c¥ntrdo aThJ thIL8 tralnlw. The rn$1rk funds are granted to Scotscara. 8 ch8dty a$slIng the Sccts homel88s In Ltyth. The has mado o)mmltrnonts over th8 ¢omlng year to b8neficiari88 totaln9 £17.876 (20Z3: £8.966). FutsKe potentid grants rthirynt on the
7and8.
of the Charibes and Tnntse Invgstmert (Sc
8tatam•nt al R•c•lpts and Paymth for th• yw to 31 Octob•r 2024 Not• Unr•StrIc IIA•trfcted Yoar end Yr ended Funds Fund• 31 Ortobgr 31 October 2024 2023 RK•lpts DonatioThs HMRC ald 22,978 8.376 1.477 31.354 1.477 17.158 1.841 Paym•nts {45) {24A45) (45) (34.080) 252 (37.747) 19.835) acalvities Totsl poynwnts Surplu• l (defidtl for (1 12) 218 (1294) (18.698) Stal•rn•nt ol Balanc••. A• at 31 Oct•b•r 2023 Unr••tr1C R•Str Ymr •nd•d Y•ar •nd•d Fund• Fund• 31 Octob•r 31 OGtob•r 2023 Openlng 8h at bonk Swplu81{Defthl for tho 8,158 9.722 28.418 218 11294) (18.898) fund¥ Clorj ca8h at ba B•nk and Cash 8alance8 Bank 8¢ClWrt 8.376 8.428 9.722 Llablllll•s Independent 8xamns
Notes to th• a¢¢ounts-for th• perfod to 31" Oclobor 2024 1. Ba818 of accountlng These aLxXnts have been wepar1 on the Ripts and pants basis in acoxdance wlth the Charfttes & TNstee Inves1nt (So)tl8nd) Acl 2( and ts CharStle8 A¢(nts (Scolland) Regulatlon8 20C6 (a8 amendod). 2. Natur• and purpom ol lund• Unrestd(thl T15 are t18 that may be u8ed at tho ¢ftscr8kn oftho trustees In fvrtherance of the objects of the charlty. The trustees malntsln a siThJle Unrestr fvnd for day.l04ay nnlrvJ of tho chwlty. Year •nd•d 31 lknbor 2023 Funds Fund• 31 Octobor 2024 22.978 8.376 31.354 17,158 Fund• Funds 31 October 2024 31 October 2023 Grants Pakl 24.445 37.747 {252) Totsl cost of
Nots8 to the acc(nts- for tho p•rfod to 31" Octobor 2024 {contlnu•d) 7. Transforn b•tThn fund8 Th8 80urce ofthe rethcted fund8 are donatton8 made by shtIng Pnher8 ba8ed in thè South of England and tha designated beneficiary ofth8sè donations is S(y)tscaro. The Trustees agree to wgmènt the funds rAised for S<tscare by £2.OOD per 8nnum.