Charlty r•gl$tratl¢n SC047T09 (Scotland) WALKING FOOTBALL SCOTLAND SCIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
WALKING FOOTBALL SCOTLAND SCIO LEGAL AND ADMJNISTRATIVE INFORMATION Truste05 Charlty number (Scotland) SC047709 Prlnclpal addrtts Independent examlner Frenth DunIn LLP Irading asMB Madartarbe Gray Fkjuse Casllecraig sInesS Park Sprlrybank Road Stidiry United King(knn FK7 7WT
WALKING FOOTBALL SCOTLAND SCIO CONTENTS Trustees. rert Indendent ex8minerfs reFKKI Statement offiar activit5 Balanc8 sheet Not8s lo the finanoal st8lgmBnts 9-15
WALKING FOOTBALL SCOTLAND SCIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Tnjstees presenl their anrrtja rW( and ffinaM?al Statets forthe year endgj 31 Dember 2024. The finar181 statements have been prepare(l in attordance with the accA)unling pdicies set out in note 1 to the fin&ncial stat8m&nls cthryly with fv thariws 0stItUtion. th8 Clwities aTrJ Tfustee Instment IScottan¢J) Act 2005, the Charities A¢(x)unts Iscouandl Regulations 2( las aended) arKI -A¢tx)unting and ReportirKJ by Charitres". Slatement ol Recommended Pracits awicable to thants.es preparing thwr aCCOLsnts in accordance with thg Finanual R8tx)rbng StaThJan1 applicable in the UK and Republic of Iland IFRS 102). (effective 1 January 20191. Objè¢Uv¢$ •nd a¢tlvltlg$ . To imprt>Ye, maintain aThJ pr¢rn(v Ihe physi. nfttat aTrJ wefR)etng of order through walking football. To engage and work wth all walking football groupsldubs, partners, partipanIS. Ictal aLrthcYbti"es, health sgrvi¢¥s arKI any olher organisations inteied in the deveknwent ol walklng footh811. To manage. supwrt. devdop and prcTh)te walking footbal in StnUarKI Incxease par1tc1paln ol walkn.rq Footb1 in Swttand Cr8ate and 5UPPtxt a sustainable compelition stnJcture through)ut Scodand at all 4)propriale age levels in conjunction wth extstiNJ CLYnpeb"tions thal encourages tuu )cial integrat)n. Develop maich offiaals and1è8dership ioumeys. To athieve the at ms. Walkirrfd Ftyjball S(xJknd wll fcKu8 on ts fr1cvg key tasks: Partici ation Increase participation in all y grou Vlith a slr(xvJ f(MXJS on Ihe 40 aThJ 50 plus age categcry and to r315e knovAedgo. awaesS a¢cess to w&l(ing footsl thrryjghJt Scoland. Su Walk]'ng Football ScolkrKJ wll support local gdUbS aTrJ indp¥thS by offering r8sour(s and information. enabling Ihem lo develop Iheir woJrammes arKI effectively recnjrt membets and volunteer5. Social Inclusion Walking Fwlball Swtland will help deliver aThJ supFxJrt projects lch aim to increase walking footbai opportunitses for iTrJividua2s fnm di%advantsge(l #rKI other minority groups. We wll dso aim to prt)vkle Ihe opportunlbes And enviFryJmertfor Ihese indi¥iJuals lo deveky lrfe skins. such a518adwship arKI 18am sk1 Promotn WalkiryJ FootbaN Scolland wfil pu1Se and prornote the sport to the membership arKJ 9eneral public in order lo support faclitaie the grcp•th of Ihe sport acxoss Ihe cwntry and in pwliTrJlar Ihe heallh. well1ng and IrOn benefts ofwalkwig f(M)thl. Eve WalkirwJ Football S(y)tland will strive lo deliver, oryanise and suppNi a progrartwne of corrwetition$ and f&yliYdls (working wrth exi5ts.ng competitions and partners) antj ill be raswnst8 for the selection and administration of representative teams rfand when atv(¥Kwts. Educa WalkirrfJ Fcotball Scolland. in parInSlip wlh thè Scotiish Foolbal Assct4atKffl. wll be for Ihe development of the Match OfficJ"als. First and Coaching Frameth and will esta11$h a nationally recyised ¢JualifjcatknnJoumeys in leadership. refereeir¥J and coachi
WALKING FOOTBALL SCOTLAND SCIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The TnJste&s have pahj due regard to guidan by Ihe Olfice ol the S(#)tttsh Ch8rity ReguLgtor IOSCR) in dsciding what athties the thaFity strKxJld urKlgrtako. Achl8v•ments ar p•rfomian Walking Football Scoland continued to 9r(M durirYJ 2024. Membership of affli8ted Clubs has increased to over 150 dubs and ¢ompeblic) has furtlw eoped wilh regional rjjp competitions being added lo regional leagues across Scouand and ninety-six leams presefited by SDrne Eight hurKlred tAayers attending our Scottish Cup and Festival event at GL8sgow Green in June 21r24. We were absolutely ddighted to fvrther develop a partnershp wlh CHSS who prowded £4,500 annual funding speclfically to support the 2024 Scoitish Cup arKI Festiva. Several 8ffili8led dubs and Trustee5 carrled out various fvndrai5irvJ initialivos during Cktobgr 2024 and raised £7,344 for Ches( Heart and Strc4¢e Scotland ICHSS). Lxjring 2023 the amount rai8ed was £10.277. DuTin9 2024 devdDped a paTlnthp PaTkinsor6 UK and rectived £9.(0 fijnding Ihal wo hd separately. It is intended that grants ol up to £1.Cl)) will be made to several affiliated dubs for the purpose of operating sessions for those living with ParknnS. During 2024 WFS m&Je g18nts to N(Yth Ayrshire Leisure and Hibernian FC and F¥owded r8sources and supp(xt for other dubs oating waing fo)tball sessions for thos& living with Parkbnsons. DuriNJ the last 24 MlS we have recehv8d a Iota £15,000 from SFA through wr membership ol Scottish Para f¢)otbaU. We have desnated £10.rJ]o d Ihat fundir¥J towards financiro reg%)rd squads and £5,(MN) has at the requesl ol SFA, been designated towards Ihe promtion of women's walking football. The decisK)n to lund regional squads was made based on demarMI from several source5 and gained traction very qukJy. with a total of 28 ie9K>n81 squads 8cr055 Scouaryj supported by volunteer Mana and assistènts. Of the total £9.748 has been spenl arKI balance of £5.252 caffred foTrvard to 2025. We had prareSsed 8 partnethip with Ihe European Fwtball Devekpment Netsrk IEFDNI which saw Walking Football ScoVaTrJ as the EFDN yjpported walking footbal partner for SrA>tland. Walking F¢)olball Scottand supported EFON in the development of anIng btxlies and govemanGe across Europe. Although EFDN has not fundad WFS. they have funde(15everal WFS affiliated Clubs separatdy. WFS a1 EFDN were %4vrking on an initiative that coukl see WFS leading on the ddivery of walkrwJ f(x)Ib3115essiDns across Europe for those living with Parkinsons. Unfutunately, we received rtiftr"0n rernUy that EFDN was no IcgeT opwating and th8 future èng8gement vAlh any su(tssW(Mgan8tiol1 LS unclear. WFS continues to develop the inattve wth Foolball Memorps So)U8nd all(MiThJ affiliated CJub5 to benefit from Hampdèn Park and Towts as as wAoTe the OPPDrtunty of devel()piro th own ftthall m8rnOTie3 al their own Club& ())e of the ¢riticisms the Twst8es rwxiva is that the charity is too muth focused on c(fftpelibons and does not do enough to suprth grassrools walkn.ng footbal. During the year. we have Ixjnlinued to 8ddre5s that by developing the work ol Sev unpaM1 vdunteer regional represenlative& Their key role is to visit affiliated clubs and find out morè atrx)ul they (k> and what additN)nal Sup thg Clubs wnsider is r8oulr8d from WFS (while cOgnizing there are linitations in lemis ol existing resoUrr1. Th8 Wort done ia date by all the regional representatives has been wetl recwv&l. and the Trustees appre(aale the efft)rts pui in to support the charity work. Regional representstives also play a roje supFrf)rtsro at compefitions by assisting with r8glslr8tn a1 setling upllaknng prtches. Several reg•Jnal reps aso &t as Volunt wionaj squad managers and assistant rnanagers. The year saw continued rol out ol Education and Refereeing *rthshops Ihat emphasized and covered Ihe health and safety asFecis of walkiThJ football and rewewed any char5 to Ihe supplemenlary laws of the game (LOTGI. workshops wwe well attendwj by participants and relerees aTrJ feedback Ihroughthjl has been potiVe. The work of an unpaid volunteer refee liaison offir { RLOI wll hdp supwjrt and develop referee education. Trustees have continued to reVW and update our govemance with the new consIrtut whith better reftecas best practi and held regular commiitee meetin&%. Board nthAg$ arKI an annual planng day.
WALKING FOOTBALL SCOTLAND SCIO TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Flnanclal revlew The income and expeThJlbJre for the erKled 31 Oecember 2024 are sel out on pagès T and 8 of the finandal statemenls. During 2023, the charity changed finanual year end to induda the income and expendil4Jre of the se85Qn5 MPetIOnS Ihal now éxlènd into De¢embèr. Fhnancès fN lh8 ¥arx)S 1gaguè$ ct)mpetitions w1 continue to be the hlghest category of inwme and expenditure for11 charfty. OblainirrfJ fvndlng to expand the organtzathn and meet Its stratVdK obieclives is b&comlng èver more challenglng wilh ¢J)ntinuing r8li8nce on surKAv5e5 gener8lwJ frDm {x)rTylitn5 to meet annual running ojsts. Unfortunately. are still unat4e to obtaln frJndirvJ to alb)w us to empby stsff for football development although thè Twstaès conb"nu8 lo expl( Ihat. Thè rrn1 status of WFS wrfhrn SFA mèans ftIrtr fijnding from SFA 15 unlikely lor 2025. It Is thè charity's rdicy thal unrestricted funds not d&signated fr)r a speiafic us& {such as fijndraisingl should be rnalntalned al a level equivalent to twelve Mlh5. expenditure. exduding >StS of compelit40ns a5 these can be paused at any time. The Trustees con%deT thal reser¥es al Ihis le¥el vlill ensure that. in the event of a gQ8t drop in funding, they will be atle io continue the charity's currenl adViS while consideration is given to Ways in whith addibonal funds may be raised. RSsk Management The cornplian¢8 and risk Landsca is ulInUalty tharywry. To remain ste9ty aligneil wth Ihe requkremenis of OSCR, local and central governmenL other governing bodies. and the growth of walking ftball within Scotland we will operate a g)vemanc. risk management I7p113nc@ slrat8gy that k88ps pace with new legislatK)n and stakeholder expectations. We wai work dosdy wth our main partner5 to achieve a secure and appropriate level of governan. We will work dosely vrith our stakehdders to pul in aGe a Govemance. Risk and Compliance {GRCI strategy. 11 in¢Jease Yalue arKI eThpoweT thern to: Improve slrdlegic board decasJns by dearfy definiThJ the asgxaaled risks and opportunitte Use proaclive and effedive rrMJnitollThJ to minimi5e Unexpected inCKlents. Protect armj enhan¢2 our brand by cawtalising on opportune5 th minimal risk. Increase the effioerw ol doing business and lower Ihe t))st of complr. AVOKI fi. penalties. and d8mage to repUtatK. Obtain 8 clear. c4Jnsistent view on risk a1 risk appetite. Use the best communication to enhancé stakeholder relatShIps. We will develop good governar praclices to become more efficienl and effeclivo in managing OFPOrtuntttes and risks facin9 the development of walking I{)1 In S>and. The value of an inlegraled approach to g)vemance. rtsk and compliance will demonstratèd throLoh ar*n(d reputslional value, emOYee retenb.¢ value arxl inaSed revenue. Walking F¢y)tball ScoUarKI wll challenge ilsell lo develop a holistic and resilient apprh lo GRC Ihat embraces change and the risks thal it invariat4y brings. Operating practeS and procedures be put in lo drNe our success frJA¥ard based upon our ability t¢J identify rfsk.
WALKING FOOTBALL SCOTLAND SCIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Future Velopments Annually r&vieTng the fariW$ constltulon. Increasiro the number ol dubs entering WFS compebtsons in S(x)11and and developi a framgwork for re931 teams in the short leFm polenlial to enter InteTnaIFal crynpetib.ons in longer temi. IrKTeased growth of Iofal grpS a(xJss Scotland includiro the roles of r&Jional reSentativeS vlsitlng clubs and irKseasing 8w8rene&s of Clubs iThJi¥idual sIw¢lu& th811ew and requirèments to hdp Ihem grthv. Inueased growth of Women's teams auoss ScolaTrJ indLh4ing thg roles of regK)nal r8pres8ntatWg increasing awareness of the benefits to (ler fefnales of vrdlking football. Further develop regional Educabon and Refereeing workshops and seminars. Closer working r$lati(hIp Scottish FA thrcwh Parallel Board with WFS as a Garne Leader in the ctInUe to carnpaign for walking fojtball as an dder aduAs actmty lo ba induded in fure Public Heanh and Stt)ibsh Govemment strawies. Strengthening ol the finanrAal FK)siti"on of Walknn9 Ftx)tbaN S(x)darvJ. Strengthening of the Board of TDJstee5 of Walking Fwlball SVal¥j by re(xusUrMJ 8dditK)nal Trustees with the rél&v8nt skills and experience in such areas as marketing. fundraIng, IT. legal and contractual. 11 is estimated th8t Trustees eollecti¥8ly de¥ot8 tn excess of 2.500 tUrS annualty to WFS. There is understaThJably a substantial of that lotal required for Wue arKI (XJP LL)MtitiOns. structur¢. govornanc• and management The charity Controlled by ts governing drUmen[ its c(sItIvOn. since beoynwu a S(x)ttish Charilabl8 Incorporated Org8nisalr¢)n ISCIOI in Seplember 2017. Process lor the election of trustees is set out in the consts"tulion. Any rnembtsr can bg Mmlnated lo thg trKArd. An applICAtk offarca 200 wCS is Ihen presonted to Ihe board, followed by an interview. The board then consider reqUireftnts against thK8 prrKess aThl vote eleCtn or nol 8$ the case may t)9.
WALKING FOOTBALL SCOTLAND SCIO TRUSTEES. REPORT (CONnNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Chair Dated." 34)ri12025 Treasurer Dated:3 April 2025
WALKING FOOTBALL SCOTLAND SCIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALKING FOOTBALL SCOTLAND SCIO I reF(Jrt on the finanaal statements of the charity tor the year ended 31 Oecember 2024. which a sèt out on payos 7 10 15. Re8peetlw re8ponsibllitie8 ol Tru8tee8 and examlrter The chaiity's Trustees are responsible for the preparation of the ffinancial statements in accordance with the term5 01 th8 Charilies and Tru$tee Investments Iscouandl AGI 2rKJs arKI the charit$ Account5 Iscotlandl Regulations 20Cfj. The ch81itys Twslees con5•Jer Ihal the audit requirement ol Regulation 1011 Ila) lo Icl of the 2006 Accounts Regulations does not apF4y. It is rny respK)ngblity to examtne the fjnancAal statements as requSr• undBr section 44(111¢1 ol th6 A¢t and to state whethgr partiojai wnatters have lo my altgnliDn. Basls ol Sndepend•nt 9MInerS slatement My examinalF)n is carried out in acoydance wth Regulation 11 of Ihe 2C Accounts Regulations. An examination includes a review of the accryjnling records kept by the thanty arNI a compartson of tho financial statements preSEntA with USe records. It also Ie5 <ideration ot any ural items or di5dosures in tha financial stalements. and seeks explanats.ons fr¢Jn the trustees o)nceming any such malters. The procedures uThJertaken do nol provide all Ihe 0denC thal be required in an audil aThJ consequenlly I do not express an audit OFxn40n the eW given by the finanraal statements. Indèpènd•nt •xaminèrfs statsmont In Connection my examinatK)n, no matter has com8 to my attenbon: 181 gives me reasonable cAuse to believe that in any material respect tr r8qulr8ments.' to keep accountsng reuJrds in ac£ordan wilh wbon 4411) la) of 2fJ)5 and Regulalion 4 01 tho 2(K>6 Accwnts Regulali(M)s,' and (li) to Prepare flnanoa stsl&ments whK auxxd wilh Ihe re(¥xds and MplY wlh RegUlatn 8 of 2006 A(unts Regulations: have not been met or (bl to which. in my opinion. attention 5hoLld be drawn in order to enable a proper understandlng of the financial stsIewnts to be reached. French Duncan LLP irading as AAB Ma¢faNane Gray House Castlecraig Business Park Springbank Road Stirfing FK7 7wr United Kingdom Dated..
WALKING FOOTBALL SCOTLAND SCIO STATEMENT OF FINANCJAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrnstrlct8d R•8trlct•d fvnds funds 2024 2024 Total Vnrnstrl¢ted R&Jtricted fund$ fund$ 2023 2023 Totol 2024 2023 Notes In¢ome from- Donations arhd legaryp8 Other trading acbwties Investmgnts 9.1)JO 18.5LKI 43.484 431 12.99) 35.347 240 lo,0) 22,9 35,347 240 43.484 431 Total incom• 53,415 62.415 48.577 10.OLXI 58.577 Expènditure on: Charitable acbvths 56,(KJ1 3.201 59.202 59.114 59,114 Total •xnd[• 56.IK11 3.201 59.20Z 59.114 59,114 N•t Inc<Mnoll•xpendliurol 12.586) 5.799 3.213 110.537) 10.C(10 15371 Transfers between funds 10.000 110.0001 Ilet movefftent IA funds 7.414 (4.201) 3.213 (10.5371 10.r 15371 Rèconclllatlon of lunda: Fund balances at 1 January 2024 19.790 10.000 29.790 30.327 30.327 Furtd IMl•n¢o$ at 31 Decemr 2024 27.204 5.799 33,003 19.790 10.0(M) 29,790 The statement of finan(ao1 actNibes inthjdes all gans and losses recognised in the year. All irKx)me 8nd expeThJilure derfve from nInuIng activities.
WALKING FOOTBALL SCOTLAND SCIO BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Fixed assels Intangible assets 11 1.148 Cumnt assets Slocks Debtors Cash at bank and in hand 12 13 3.434 30.969 417 29.(1 34.463 30.318 Crgditors: amounts falllng due wlthln one y•ar 14 {2.W) (1,8921 Net curTent assets 31.855 28,426 Total assets lo ¢UTrenl Ji*biJili 33.tKJ3 Th• fvjnds ofthe charlty Restricted income funds Unrestricted funds 15 16 5.799 27.204 10,000 19,790 33.3 29,790 Trustee Trusiee
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢eountlng pollel•s Charfty Infomiatlon Walklng FtyJ(ball So)Ifand SCIO is a Scolbsh Charitable Incxwrated organisat, Tegistered on 7th Septemr 2017. 1.1 Accourttlng eon¥•ntlon The flnancial statomonts hav6 been prepared in accordance wilh Ihe charitys o)nstituhon. the Charitles and Tru51ee Inv8Stm8nl IStt)Uandl Act 2(K)5. thè Charits"es Accounts {Scotlandl R8gulab"ons 200618S 8mendedl, FRS 102 'The Financ4al Reporting Standard ap1¢able in the UK and Republic of Ireland" I'FRS 102.1 and fhe Charitios SORP "Accounting and Rewrtiro by Charities: Stalement of Recommended Praclice applicablo to Chat pr8paring th8ir wxjnts In 8crDrdance with th8 Finanoal R8porting Standard appli(%bl8 In the UK and R8puNic of Ireland {FRS 1021" leffeclive 1 January 20191. Tr charity is 3 Public Benefit Entity as doflngd by FRS 102. Th8 tharity has laken advantsge of the prr)visir)n5 in the SORP charitEs not lo prep8fB a Ststement ol Cash Flows. The ffinancid statemwt15 are prepaThJ in slerfiThJ, whith is the fiJnctMal ujrrency of the charity. Monetary amounts in Ih&se f nanc stat8mènb ar• rtyJnd8d to Ihe nearest £. 1.2 Going conc•rn At the lime ol approwng Ihe finanual slatements. the Trustees have a reasonable eypectallon Ihal the charity h85 adeq¢Jale resour to ¢ontinue in operalional 6xistgn( for th• foreseeab fijtuie. Thus the Trustees continuè lo adopt th8 going o)ncem basis of aeeounling in preparing thè financial stalÈmènts. 1.3 Charltable funds Unrestricted fvThJs are avalable tr use at the discret)n of the TnJste8s in furth8rance of thwr charitate oW¢tivos. Reslrirt8d fijnds are Subj to Specific condibons by (k)nors or grJntor5 85 lo how they may k used. The purFoses and uses ol the restricted funds are set out rn the notes to the financial statements. 1A Intom• Income is recognlsed wtwi thé charity is legalfy entitled lo It after any perfomwnce conditions hav8 b88n met. the 8fflounls Ggn be me85ure(I reliatAy. and it is probatAe th3t income will be received. Cash donations are reCOgned on receipl. Other donaltcffis are recoJnised once the charity has been notified of the donation. unless perfom)ance conditions require deferral of the amount. Income tox recoverable in relats lo Ik)nakn'ons received under Gift Nid or de ofo)venant is recolSe{la1 the ol Ihe donalJn. Expendllure Expenditure Is iecognised once there ts a legal ¢Y oytstrurAwe rJIlgaI lo Iransfer econgmr¢ benefit to 8 third party, it is prObae fhal a transfer of eorrC benefils will be required in 5eiUement ar)d Ihe 8mount of the ObgatiOn can be measured reliatAy. Ail expertditura is accounted for on an a¢cru815 basis. Atl expen induding supp)rt $ts and govemance costs are allocated lo the applKable expenditure headings.
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Aecountlng policb•S Icontlnuodl 1.5 Intanglble flx•d assets oth•r Ihan goodwlll Intangible assets acquired separately from 8 txjsiness are recconi5ed 8t IX)518nd 8re subwuenlly measured at cost less acoJmulat8d amortisaticn and accumulaled impairm8nt losses. IntangJ1e assets acquired on busness mbInall0r are recognised sepaTrlely from goodwill at the acquisiion date where il is probable Ihat the expecled hjture ecorKrnK benefits that are attribuiable to the 8s58t wlll flow to lh8 entity and the fair Val of the a&sgt measuwed Idiably: the intangible assèt arises from contraclual other legal righls.. 8j the intangible a5sel is separatAe froffj the enlty. Amortisation is recognised so as to wrile off the cost or valualion of assets less their re51du81 values over their U5efvl INe$ on the following bases: Palents & licencos 10% on cost 1.6 Tangibl• fix•d ass•ts TangiNe fixed ass&ts are initialjy mgasured al cost and subsewonjly rnasur8d al cosl or valuation. nel ol deprea81ion and any impaim)¢nt lossès. Deprlati Is rerjognised so a5 to vffjte off the o)st or valuati( of assets kn their reSKlual values over Ihgir usefvl lives C the folloiro bases.. Compute 33% on (x>st The gain OT I3 ari&ThJ on Ihe di8posal of an asset is deteld as the drfferer betsveen the sale proceeds arKI the carryiThJ value of the asseL and is rec(wJnised in Ihe statement of finanual activities. 1.7 Stotks St(xks ar9 slated at thg kwr of wst esfy"m8ted selling 18ss (xjsts trj complgte arKJ $911. Cost comprises direct materials and. Te apIcab, direct labwr costs and those ovethèads that have been incurred in bringing the stocks to their presenl location and cotKlition. Items hdd for distribution at M or nomlnal consKkration •ro mgasuied the lower of rep4a¢¢ment¢osl arK1 Cost. Nat re81isat4& value the estimated s6lliNJ p¥ less all est1¢ o)sts of ccrfnplotion and costs lo be inrxJTTed in rnaTkelin9, semiro and di511ibulion. Donatlons ¥nd1994deB Unr•strl¢tsd R•trlet•d fd5 funds Total Total 2024 2024 2023 DonatIS and 9ths Grants rec8N8b 9.LK)O 18.5CK) 22.900 9.000 18,5 22,990 For the perlod endod 31 DKember 2023 12.990 10.OCK) 22,990 10-
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 thnatlon8 and l•gacl•s {Contlnuedl Grani8 r•e•l¥abl• for cor• actlvltl•$ Scoitish FA CHSS S"Sh Para Pathnsons UK 8.400 4,500 10.000 18,YJ) 22,9 Incom• from othèr tr8dlng Ktlvfti unrnstrled Unrestricted funds funds 2024 2023 L90gue & Cup compgtitw$ Salg OfftlS 43,364 120 33,427 1.920 Olher IradlNJ arJ"+vlknes 43,484 35.347 lfteom• from IRStM*n Um$trlcted Unrestricted tunds lund8 2024 2023 InleTPSt rg¢eivabte 431 240 11
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charftable activlUe8 2024 2023 Comp8tition sp8nd Tra1 and subsistenck Sports krts and 8quipm&nt Advertising and mark8ting Subseriptions General expenses TraKung 48.284 1.388 4.724 421 32,958 5.067 12.478 1,103 411 1,403 4.176 2.442 443 57.702 57,596 Share of gJvemance Is (see note 6) 1.518 59,202 59,114 Anolysis by fund Unreslri¢tvl funds Re51rict8d funds 56,001 3,201 59.202 For th• y•ar end•d 31 D•c•mb•r 2023 Unre51rlcled ILbThJs 59.114 Support sts allocated to actlvltles 2024 2023 OeprecialK GovemarKe costs 216 1,284 270 1,248 1,518 A•)alys•d b&t*wn: JpwKi and govemance Cts 1,518 N•t movèment In funds 2024 2023 The net rrb)vement in fvnds is stated afterd)aYg1n(rl•jiIjn9j. Fees payatle Ihe ind8pond8nt •xamln8tkn of Ihe ¢h8ritYs fina18[ stslements Am(YtisalN)n of intsngible a58ets 1.284 216 1.248 270 12-
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 TrustO95 None of the Trustees lor any pwsons ¢y)nn&ted Ihem) rwNed any r8muneralk)n or beneflts from the charity during Ihe year. but three of t1M were rebU(Sed a total ol £1.050 in expense512023.. Five Tntstees were reimbursed expenses of £2.832). Employees averdge rrKJnthly number of employees thjriry Ihe year was: 2024 Numbor 2023 Number Totsl There wwe rK) wnpkjyees whw annual reMUneratiC Was £60.(KJO. 10 Taxalion The tharity is exempt fft)m tsXat on bts adNities becaLLse its i)come is applied for charitat4e Wfposes. 11 Intangible fixed a$s9ts Pal•nts & 11¢8n¢ Cosl At 1 Jary 2024 and 31 December 2024 Amortlsatlon and Impawment At l January 2024 Amorbsalion charged for the year 702 216 At31 December 2024 918 Carrylng amount At 31 DenE 2024 1.148 At 31 DecemLEr 20rJ 1.364 12 Slo¢ks 2024 2023 Finthe¢J g¢J(yJs and goods for r&sal8 13-
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 31 DECEMBER 2024 13 D8btors 2024 2023 Amounts I15n9 duo wthSn one year. Pfepayments aThJ 0¢(nd Sno) 3.434 417 14 Cr•dltors: amounts falllng due wilhin one year 2024 2023 Accnjals aThJ deferred InMe 1.892 15 R•slrlct•d funds The reStrted lunds of the charFty ccffipiise the UneXpend balanc8s of donations and 9ranis held on trust 5ubi8GI to specJfK wjditions by d(*IS as lo how ibey may b8 used. At 1 January Incomirtg Resources Zl)24 r•s•ure •xpondod TMn$f•rs At31 Dfrcember 2024 Para Board Parn$On$ 10.¢ {10.£11 13.2011 5.799 10.f (3201) 10.OW) 5,799 Prevlous perlod: At 1 J¥nuary Ineomin9 R•sources 2023 resources expended Transfers At31 December 2023 Para Board 10.( 10,000 Para 8¢ard Funding was received from the Para Board towards costs. funding has been re-assigned as vnreslricted arvj has been desvJnated lor use f pur¢h&sSry footb811 strips and pronKStiTrJ wornens football. Parkln50ns {UK> Funding was received from Partirtsons {UKI to be use(1 to a5SiSt thbs a1 promote sessions for those Ihal are VIng with Pa(kIns$. -14-
WALKING FOOTBALL SCOTLAND SCIO NOTES TO THE FINANCIAL STATEMENTS (CONnNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Unr•strletod ld8 The unrestricted fvnd5 of thtr tharity MlSe the unexpend&J of donations aThJ grants whth are not subi8Ct to sFecific coThYilft)ns by donors and granlors as lo how Ihey may be usèd. These indude d8signated frJnds whth havè set ade ¢xrt of unresln"¢ted (unds by the Iru5tee5 for specific purposes. At 1 Jaftvary Incomlng R•stwre•s 2024 resour$ expended Transfern At31 December 2024 Footb811 Strips & Womens FtY)tball General funds 19.748) {46.2531 10.OC4) 5.252 21.952 19.7 48.415 19.79) 53.415 (s6.1) 10.0 27.204 Previous p#rfod: At 1 January 2023 Incoming Resources resour¢•$ expend•d Tran$f¢rs At31 Dè¢embor 2023 General fiJnd$ 30.327 48.577 159.114) 19,790 17 Analysis 01 nèt 8s8•ts b•t*rten fund8 UnTestrictèd funds 2024 R•slrlct•d funds 2024 Total 2024 At 31 December 2024.. Intangiblts fixed assets Current a151111ablIItieS1 1.148 1,148 31.85S 5,799 27.204 5,799 33.(KJ3 Unrnstrl¢t•d funds 2023 Restrlcted funds 2023 Total 2023 At 31 D•c•mbor 2023: Intaryible fixed assets Current as5etsl{liabilths) 18.426 10.000 28,426 19.7 10,000 29.79) 18 Related party transactlons There were no drsclosat4e related party tra¢ duiing the Fer5J. 15-