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2024-08-31-accounts

Inverclyde Athletic Club (A Scottish Charitable Incorporated Organisation (SCIO) Scottish Charity No: SC047791

Annual Report and Financial Statements For the period 01 September 2023 – 31 August 2024

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Trustees Annual Report

For the period ended 31 August 2024

The Trustees have much pleasure in presenting their report together with the financial statements for the period 01 September 2023 to 31 August 2024

Reference and Administrative Information

Charity Name

Inverclyde Athletic Club

Charity No:

SC0447791

Address

Current Trustees

Structure and Management

Constitution

Inverclyde Athletic Club (the Club) is a Scottish Charitable Incorporated Organisation (SCIO). It was registered in its current legal form on 3[rd] October 2017. It has a single tier structure and as such the Trustees are members of the Charity.

Appointment of Trustees

The Trustee Board are the Charity’s Trustees. Membership of the Trustee Board is open to all members of the Club provided they have had one full years Membership prior to nomination/election.

Trustees are elected at the Annual General Meeting which is held in September. There must be a minimum of five and a maximum of twelve Trustees.

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Objectives and Activities

Charitable Purposes

To advance public participation in sport through the promotion and advancement of Athletics and in doing so provide recreational facilities, and to organise recreational activities, available to members of the public at large, with the object of improving the conditions of life off those in the community.

Activities

The club provides athletic coaching and competition to members of the community from age 8 upwards at various venues within Inverclyde including Ravenscraig Athletic Stadium, Inverclyde Academy, Battery Park and Darroch Park.

The club also provides athletic coaching to disabled athletes, with this year seeing the introduction of Inclusion sessions specifically tailored towards young disabled athletes.

The club in partnership with Inverclyde Schools Athletics and accredited by Inverclyde Active Schools, provided a weekly after-school session for 5-8 year olds and during the holiday periods of summer, October & Easter organised Athletics Camps for 5-11 year olds.

The club hosts a women only jogging group on Monday mornings at Ravenscraig Stadium in conjunction with Inverclyde Leisure and a mixed group Fit2Run jogging group on Wednesday evenings, again at the Stadium.

The club operates on four nights a week and Saturday mornings at Ravenscraig Stadium, three nights at Inverclyde Academy, Thursday nights at the Battery Park and a Saturday morning at Darroch Park.

A key aspect of the clubs’ athletic coaching philosophy is enshrined within its Mission Statement which states:

A Young Athlete Development Plan which provides a pathway for all our young athletes to not only be the very best they can be as athletes but equally importantly prepare them to become the seniors of the club and adults of the future.

Membership

At the end of August 2024, membership totalled 226 comprising:

The clubs’ activities are only made possible by the tremendous commitment and enthusiasm of its coaches, members and volunteers who give up an enormous amount of their time week in week out to support the club.

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The club is proactive in promoting hosting athletic events and during the year hosted the Renfrewshire Road Race Championships and a Scottish Athletics U12 Super Team Competition.

The club had also taken part in the new Scottish National Athletics League, (SNAL), the CSSAL, the YDL for U’13/15 as part of a combined team with Helensburgh AC & Clydesdale Harriers together with the West District Cross Country League.

Achievements & Performance

During the past year, Inverclyde Athletic Club (IAC) continue to be represented (and influential) at National Level on several Committees:

At a local level, IAC continue to be an integral and influential part of local athletics working closely with local groups such as:

while also organising and hosting numerous athletic activities and events during the year, many of which involved the above groups working in Partnership with IAC.

As they have been doing for the past 23 years, IAC held their Youth Development Camps during the Easter and Summer holidays at Inverclyde Academy and Ravenscraig Stadium for all club and local youngsters involving Active Schools, SAMH, CLD Inverclyde and Inverclyde Communities Health & Wellbeing.

During 2024, our two new Initiatives introduced in 2022 still proved popular:

Both Initiatives proved to be very popular and will be repeated during 2025.

In partnership with Active Schools Active Schools Inverclyde, IAC, once again, organised and hosted the following events:

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IAC are actively involved in Inverclyde Councils’ Active Inverclyde Strategy which seeks to provide a framework for community planning partners in Inverclyde to work together to increase participation in physical activity, including sport.

IAC led the way for Scottish Athletic Clubs by signing up to a Sports Chaplaincy Charter, with the club welcoming s its new Sports Chaplain.

IAC established a Womans’ Jogging Group which meets every Wednesday evening at Ravenscraig Stadium providing a ‘safe space’ for woman to exercise in line with Inverclyde Womens’ Safety Charter.

Continuing with the Inverclyde Womens’ Safety Charter theme and as part of the Active Inverclyde Strategy Initiative and in conjunction with Branchton Community Centre, (BCC), (member of the Ravenscraig Community Sports Hub), IAC established up a BCC Womens’ Only jogging group who meet every Monday morning at Ravenscraig Stadium.

IAC organised athletic events at Ravenscraig Stadium with other clubs, e.g., Giffnock North AAC & Kilbarchan AAC in line with scottish athletics ClubsWorkingTogether Initiative.

In February, IAC hosted another successful Renfrewshire Road Race Championships at the Battery Park attended by over 400 athletes ranging from u11 through to seniors, with IAC athletes, once again, winning individual titles across a wide range of the age groups and being placed across all the age groups.

In March, IAC, as part of the Inverclyde Local Athletic Partnership, hosted the Scottish athletics Young Athletes Road Races at the Battery Park.

This event is the largest young athlete Road Race in Scotland and comprises athletes ranging from u13 – u17, with the u15 – u17 athletes competing for selection to represent Scotland at the London Marathon Mini -Marathon usually held in April.

The event was an extremely successful day with scottish athletics and many clubs very complimentary towards IAC for hosting the event.

June was a busy month for IAC:

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.

As part of Inverclyde Councils’ Meliora Festival Celebrations for 2024, IAC, as part of Ravenscraig Community Sports Hub (HUB), held a Family Sports Day Festival at Ravenscraig Stadium during August, which saw over 60 youngsters with their parents treated to a truly fun packed Festival of Sporting challenges and activities, which according to their feedback received on the day, was deemed an outstanding success!

The activities enjoyed by both the youngsters (and some parents) included standing long jump, and relay races, basketball challenges such as relay/dribbling through obstacles retrieving markers and bringing them safely home, a range of challenging football skills including beat the goalie basketball skills including shooting to the portable basketball hoop while hockey dribbling skills proved very challenging!

A very popular addition this year was a visit by KG Hawks with their Birds of Prey who brought along various birds of prey which the youngsters, (and not so young) were able to handle and learn all about them.

For the less energetic, face painting again proved very popular with many of the youngsters queuing up to have their faces painted in all sorts of guises.

All activities were enjoyed amid a lovely warm and sunny day ensuring healthy appetites all of which were satisfied with plenty of sandwiches, fruit, juice, chocolate bars and the all-important ice cream!

The club also held a successful Santa, Elves & Reindeer Dash during December and was delighted to support Branchton Community Centre with its Christmas Appeal, intending to continue with this on an annual basis.

IAC Coaches continue to deliver their training sessions on a voluntary basis at:

In addition:

From a club performance perspective during the past year, IAC athletes continued to compete in numerous events across the county and beyond, during the past year with some notable performances and achievements:

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Scottishathletics Inter District Cross Country Championships incorporating the Celtic Cross Country and UK Cross Challenge held at Renfrew

three out of the six man team) were selected to represent

the West District and led the team home in second place.

At the same even representing the West District finished in 9[th] place overall and second place for the West team who finished in second place, with selected to represent Scotland finishing first u17 (3[rd] overall) in the Womans u20 event being part of the Scottish winning team..

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Scottish Maslers Road Relays,-

As a registered Charity (SCIO), IAC is very conscientious of the cost of participating and subsidises a number of events and travel costs for members, also working closely with Active Schools staff to identify inclusion at both club sessions and holiday camps.

During 2023 IAC actively supports Christmas donations to local charities including local foodbanks, Branchton Community Centre and Starter Pack Inverclyde.

Financial Review

The Clubs’ main source of funding is annual membership fees, with the Club introducing a Standing Order Scheme to pay for annual membership fees several years ago, which is now proving popular among the members.

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The Club also benefited from donations from several Club sponsors, which together with hosting the Renfrewshire Road Race Championships and the Superteams event also brought in valuable income via catering at the event.

The Club was also extremely fortunate to benefit (again) from Inverclyde Councils Community Grant Scheme (formally U19 Sports Waiver Scheme).

Management

The activities, strategic development and finances of the club are overseen by a Board of Trustees who meet periodically to consider the Club Development Plan, Financial Position and any material matters arising from the Management Committee.

A Management Committee meet monthly to consider the day to day activities of the Club including membership, capacity, competition, member welfare and general administration duties.

Reserves Policy

The Trustees’ policy is to retain at least 6 months’ worth of core running costs, e.g., facility lets, race entry fees and our Scottish Athletic Affiliation in order to meet commitments and to cover any unexpected expenditure. This expenditure stands at around £15,000.

Unrestricted reserves are in excess of this at £30,000 which the Trustees believe to be acceptable but will continue to monitor the position.

Plans for Future Period

The Trustees intend to continue to pursue the growth and development of the Club on a managed and controlled basis building on our recent success.

We will continue to work constructively with Scottish Athletics on developing the structure and governance of the Club.

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Signature(s)
Full name(s)
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Position (e.g.
Chair)
Date		 Treasurer
23rdFebruary 2025

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APPENDIX 2 Inverclyde Athletic Club Receipts and payments accounts SC047791 OSCR Forth¢ pe￿011 Irom S(IAIth ChBrity Regulator 2023 2024 Section A Statement of receipts and payments Expondable endowment funds Peimanent endowmonl fund• Tot&1 funds curront wriod fvnd4 fundi ppnod A1 R•¢•l Donation$ 5,833 8.833 Leggc Gr8nl 7.JOO R6coiW$ lundr8i&ino activit￿& Grosg Ic8dinP t￿lpt$ I￿￿ffle Irorn IDve51menls olher Ihan Rents from & bU1￿1n Groys r8c8ipt$ Irom oth•r ¢h9fii•ble •Clivil J7.052 37.052 Al Sub iotal 42.886 7,500 A2 R¢c•ipt• Irorn M••t & inve•trn•nl •DI•B PiocéorJ& from 5wleof fixed as•eti Pioc••dts liom ts•le ol Inve31menis A2 Sub tothi rot•lr•c•lpis 4Z,UJS 50,380 AJ P•ym•nt• Expense8 for lundr8isino èclivilie5 Gross Ir8diw o•ymtrni Inv•atm•nt m8nagem8ni co818 Paymenij r•loiing olf￿1¥ 10 c￿rItable 52.087 52,017 GrBnls And dDnaii¢n¥ Governyn¢e cos15 Au011 I In¢8wnd•ni axrnin•lion Pr•p8r8lion ol annu•l BrcouTrls Leo81 COBIS Oln8r AY Sub total $2,OJ7 52,017 A4 P•ym•ni• r•lJting lo 4•B•t 4nd inv•tm•ni mov•m•nts Purchayès ol Iixtrd 85sels PurchMe ol InVestM￿tI A4 Sub toi•l Tot&ip¥ym•nts 52.017 32.087 N•t r¢¢elpt8 / I￿Nm•￿tI} {9,2021 1.702 AS Tran•f¢r• to I (from) lundts Surplu¥/ld•liciQ lorye•r

A•PEP4Df4? IiivèrLI dtr AthliJllc Clijh Secilon B Statement of balances SC047", 91 è1 Ch funds 7J J•Y 7.000 tK•n¢•• •i•nthtsl y4r Bat￿¥￿Im•nt• BS thh•r•M noL411 B4 IOMI pproY41 1210112025. IAC.4£CEIPV PAtrwENT5. YEAR EFKtINGAiWST2024 ￿¥￿1$￿•￿￿0f￿•￿￿X•

APPENDIX 2 Inverclyde Athlet1¢ Club SC047791 Section C Notes to the Accounts C1 Nature and purpo8e ol funds (may b8 slat8d on analy51s olfvnds w0￿Sh88t$j Grant received10 5UPPOrt rjub aclivrtie5 Typ￿ of acli¥lty or project iupported NumJ•rol 9r•n 4do W81ver Pa meni8 I CounGII 7,600 Totsl 7,SOO C31 Tru•t•• remuneratlon If no remuner8t4on wa6 paid Ouring the pedod lo arTry Ghonty Iw51ee or pers(x) Connected lo Iru51ee cross Ih15 box Ioiherwise complete 8eciion 3bl Authortty und•r whlch pald C3b Tru8t•e r•mun•ritlon - detalls C4a Tru#ts8 expgn•g• 11 no expenses werg p8KI lo arry charity Irusiee dunng the period Itn cro$8 Ihi8 box iolherw6e comp￿te $ection 4bl Numb•r41 tru•twi ¢4b Tru•tee exp•n8•• - detallB Bilanc• Natur• ol r01•tlon•hl Nttturo of trnnsactlon amounllEI r4od ond C8 Tran$actlon$ with trustee and conn•¢t•d pordon• C6 Other Infomi2tlon L4C. RECEIPTS & PAYMENTS_ YE4R ENDING AUGUST 2024 xl$x l Note* D£cèmtW2007

Independent Independent Examiners’ Examiners' Report Report to to the the Trustees Trustees of of Inverclyde Inverclyde Athletic Athletic Club Club

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| attention. attention : : Basis Basis of of lIndependent Examiners' Independent Examiners’ Statement Statement

I | report on the report on the accounts of the Charity for the period ended 31 accounts of the Charity for the period ended 31 August 2024 which are attached. August 2024 which are attached

Respective Respective Responsibilities Responsibilities of of Trustees Trustees and and Examiner Examiner

:

the the The The terms termsCharity'’s Charity'sof of Charities Charities Trustees Trustees and and are are Trustee Trusteeresponsible responsible Investment Investmentfor for the the (Scotland) (Scotland) preparation preparationAct Act of of 2005 2005 the the accounts accountsand and the the in inCharities Charities accordance accordance Accounts Accountswith with (Scotland) (Scotland) Regulations Regulations 2006 2006.

The The Charity Charity Trustees Trustees consider consider that that the the audit audit requirement requirement of of Regulation Regulation 10(1)(d) 10(1)(d) of of the the 2006 2006 Accounts Accounts Regulations Regulations does does not not apply. apply. It It is is my my responsibility responsi bility to to examine examine the the accounts accounts as as required required under under Section Section 44(1) 44(1) of of the the Act Act and and to to state state whether whether particular particular matters matters have have come come to to my my attention. attention

My My examination examination is is carried carried out out in in accordance accordance with with Regulation Regulation 11 11 of of the the 2006 2006 Accounts Accounts Regulations. Regulations. An An examination examination includes includes a a review review of of the the accounting accounting records records kept kept by by the the Charity Charity and and a a comparison comparison of of the the accounts accounts presented presented with with those those records. records. It It also also includes includes consideration consideration of of any any unusual unusual items items or or disclosures disclosures in in the the accounts accounts and and seeks seeks explanations explanations from from the the Trustees Trustees concerning concerning any any such such matters. matters

The The procedures procedures undertaken undertaken do do not not provide provide all all the the evidence evidence that that would would be be required required under under an an audit audit and and consequently consequently I | do do not not express express an an audit audit opinion opinion on on the the view view given given by by the the accounts accounts.

Independent Independent Examiners’ Examiners' Statement Statement

In In the the course course of of my my examination, examination, no no matter matter has has come come to to my my attention attention

    1. Which Which gives gives me me reasonable reasonable cause cause to to believe believe that that in in any any material material respect respect the the requirements. requirements:

• ¢ to to keep keep accounting accounting records records in in accordance accordance with with Section Section 44(1)(a) 44(1)(a) of of the the 2005 2005 Act Act and and Regulation Regulation 4 4 of of the the 2006 2006 Accounts Accounts Regulations. Regulations

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have have not not been been met, met, or or

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2. 2. to to which, which, in in my my opinion, opinion, attention attention should should be be drawn drawn in in order order to to enable enable a a proper proper
understanding understanding of of the the accounts accounts to to_ be be reached. reached
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) Relevant Relevant Professional Professional Qualification Qualification / / Professional Professional Body: Body: Chartered Chartered Financial Financial Planner Planner
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