Ice Dundee (Community) SCIO Trustees, annual report and financial statements for for the period ended 30 June 2024 Scottlsh Charlty Number SC048408 IDC 2024 accounts for svJning 27.2.25.FR1f Ic991659e-952f43af-k7c458e7c7436081 Page.. 1111
Ice Dundeè (Community) SCIO Contents Page Charity information Report of Ihe Truste8S Statement of Trustees. responsibilities Independent examiner's report ReItS and payments account Statement of balances as al 30 June 2024 IDC 2024 accounts for svJning 27.2.25.FR1f Ic991659e-952f43af-k7c458e7c7436081 Page.. 2111
Ice Dundee (Community) SCIO Charity information Trustgos Principal addrèss 22 M8adowgidè Dundeè DD1 1LN Solicitors Thornlons Law LLP Whitehall house 33 Yeaman Shore Dundee DD1 4BJ Bankèrs Bank of Scotland 65-69 Murraygate Dundee DD1 2EA Independent examiner èn erson oggiè LLP Thè Vigion Building 20 Greenm2rket Dundee DD1 4QB Charity number SC048408 IDC 2024 acmunts for signing 27 2.25.[ [c99165952l43af.9c7cs8e7c7436D8j Page 3 111
Ice Dundeè (Community) SCIO Report of the Truslees The Trustees of Ice Dundee Icommunilyl SCIO present their report and financial slalements for the period ended 30 June 2024. These financial slatem2nts cover a period of 15 months, commencing at 1 April 2023 and ending 30 June 2024. 5ubsequeni perI(-eas wlll be on the Same day tnonih In Turure flnanGlal years. The reporting dale was selected at the Trustee's request. Comparative amounts presented in the financial stslements for the following year-end will not be entirely comparable. Structure, governance and management Constitulion Ice Dundee Icommunityl SCIO was incorporated as a Scottish Charitable Incorporated Org8nisalion ISCIO) on 24 May 2018 and is governed by its constitution. Objectives and activities The organisalion's purposes are the advancement of parbcipation in sport of ice skating in the Dundee area. Trustea appointment and training The board must have a minimum of three Truslees and a maximum of nine Trustees_ New Trustees can be appointed by Ihe board by way of a resolution passed by majority vole al a board meeting. Trustees shall hold office unlil and shall retire from the office at conclusion of the third AGM appointment or re-appointment as the case may be. Trustee induction and training prior to new Trustees being approached includes awareness of a Trustees, responsibilities, the governing documenl, administrative procedures, and Ihe history and philosophical approach of the Trust. A new Trustee receives copies of the previous year's financial stalemenls, minutes of the Trustees meeting and a copy of the OSCR guidance-"Guidance and Good Practice for Charily Trustees" if appropriate. The Trust8•s at Ihe date of this report are as giv8n on page 1. Achievements and performance Ice Dundee Community's key role is to support the delivery of iee-skating activities to the community to improve the wellbeing and health of the community. The key activity this year has been lo continue the primary school programme in Dundee and extend it to the surroundirbg areas. The secondary school teenage girl programme also continued, and we extended this to boys as well. Furthermore, we started to work with children with additional support needs as everyone deserves the chance to lake part in sports. Primary school sessions took place every Monday and Tuesday from 10am-12noon. The teenage gids programme now also lakes place on a Monday and Tuesday. We offer the programme in 4-week blocks to the schools. Since the programme launched back in 2021, we have worked together with 32 of the 33 Dundee public primary schools as well as 16 Angus schools and 4 Perth schools. We also started lo work with Kingspark school in Dundee. In the school year 2023124 we worked together with 37 primary schools from Dundee, Angus and Perth and pul over 2,500 kids through the programme. We have also pul about 300 kids through our high school programme in the school year 2023124. IDC 2024 accounts for svJning 27.2.25.FR1f Ic991659e-952f43af-k7c458e7c7436081 Page.. 4111
Ice Dundeè (Community) SCIO Report of the Truslees Icontlnued) Achievamants and performance (continued) To raise participation in ice skating we have agreed with Dundee Ice Arena that every kid that takes part in the programme will receive one voucher for a free Skat2 Dundee session. Our key fundin9 came from Northwood with £50,000 and Poslcode Lottery with £25,000. Financial review and reserves policy The results for the period are sel out in the attached financial stalemenls. Unreslricled reserves turn11Y stand 81 £3,77212023.. £19,770) which is less than the largel per the serveS policy, which is 3 months of unrestricted spend which equates lo £24,76812023.. £23,015I approximately. Less funding and increasing costs due to inflation Contributed lo lower SerVeS 81 the period-end. The SCIO has secured more sponsorship since the period-end, so the reserves level after the period-end is in line with the reserves policy. Related party transactions During the period, the charity received donations from The Northwood Charitable Trust of £50,000 12023.. £65,000). This Trust includes Trustees who are family members related to the charity, Ice Dundee (Community) SCIO. Ice Dundee Limited is a company which has the same directors as the Trustees of Ice Dundee (Community) SCIO. During the period, Ice Dundee Limited paid for expenditu of £54,31412023: £53,024) on behalf of Ice Dundee (Community) SCIO, and £60,33812023'. £63,208) was repaid during the period. Al the period-end the balance owed from Ice Dundee Limited was £13.82312023.. £2.7991. Al the period end, a payment of £5,000 is due lo be received from Ice Dundee Limiled for recharged salary costs. During the period, Ice Dundee Limited paid for independent examiner fees on behalf of Ice Dundee Icommiinifyl totalling £972 {2023'. f 846). Secretarial fees of £Nil {2023 - £3001 were due to WM Thomson & Sons at the period-end. This enlily h8s directors who are related to the Trustees of Ice Dundee Icommunity) SCIO. Rlsk management The Trustees consider the main risks for the SCIO are financial risks and working with children. The Trustees prepare and review 6 monthly management accounts lo manage any financial risk. The Trustees work closely with local councils and active schools lo ensure that any risk regarding working with children is correctly managed. Key management personnel The Trustees consider the board of Trustees and the business and community manager to be the key operating the charity on a day-lo-day basis. All Trustees give their time freely and no Trustee remuneration or expenses were paid in the period. Trustees are required to disclose 811 relevant inl&resls and in accord8nce with the charity s policy withdraw from decisions where a conflict of interest arises. IDC 2024 accounts for svJning 27.2.25.FR1f Ic991659e-952f43af-k7c458e7c7436081 Page.. 5111
Ice Dundee (Community) SCIO Report of the Trustees {continuedl Future strategy The key acbvity for our future strategy is to source more ice time, funding and to get more kids involved In sk2ting after the 4-week programme has ended. We want to work with as many DurKlee, AngLJS and Perth schools as possible. NeKI s¢hool year. 202412025, we aim to teach over 3,000 kids how to skate through our school proaramme. The trust is predominantly a grant giving charity and has no material ongoing commilmernts. The Trustees are mindful of the increased ne&Ys of the beneficiaries and will marsage the Trusfs affairs lo ensure the Trust's charitable objectives in the medium to long term can be mel. Approved by the Trustoes on ... 4 March 2025 and svgned on thtsir behaff by.. IDC 2024 acmunts for signing 27 2.25.[ [c99165952l43af.9c7cs8e7c7436D8j Page 6 111
Ice Dundeè (Community) SCIO Statement of Trustees. responslbllltles The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable Law and United Kingdom Generally Accepted Accounting Practice (UK GAAPI. Under the SCIO'S Constitution, the Trustees are required lo ensure that full and punctLJal accounts are prepared in accordance with the Charities and Trustee Investment {Scotlandl Act 2005 rhe GhaNlles AGwunts15Goiiandl ftegulaiion5 2000 las atnenUeUI. The Trustees also have regard to the Slalemenl of Recommended Practice ISORPI "Accounting and Reporting by Charities.. Under this legislation, the Trustees are reqUId lo prepare financial statements for each financial period which give a true and fair view of the slate of affairs of the SCIO and of the incoming reSoUrS and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently observe the methods and principles of the Charities SORP make judgements and estimates Ihal are reasonable and prudent slate whether applicable accounting standards and statements of recommended practice have been followed, subject lo any departures disclosed and explained in the financial statements prepare the financial statements on a going concern basis unless il is inappropriate lo assume the SCIO will continue in oper2tion The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any lime the financial position of the SCIO and enable them lo ensure that the financial statements comply with the Charities and TrLJStee Investment (Scotlandl Act 2005 and the Charities AccoLJnts (Scotlandl Regulations 2006 las amended) and the Constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Provision of Information to Independent Examiners The Trustees al the date of approval of this Trustees. report confirm that, so far as they are individually aware, there is no relevant information of which the independent examiners are unaware,. and each Trustee has taken all the steps Ihat they oughl lo have taken lo make themselves aware of any relevant information and to establish that the Charity's independent examiner is aware of that irformation. IDC 2024 accounts for svJning 27.2.25.FR1f Ic991659e-952f43af-k7c458e7c7436081 Page.. 7 111
Ice Dundee (Community) SCIO Independent examiner's report to the Trustees I report on the finanGial 5taletnents of the charity for the period eTrded 30 June 2024 which are sel out on pages 7 to 8. This report is made lo the Trustees, as a body, in 2ccord2nce with the terms of my engagennl. My WVIK Ii¢tb L)e¥ii uiid¥i iciK¢ii iu ¥ll¢tL)l¥ iiitt iv reyuri Iiiy uyiiilvii ctb bel UUI tJ¥lvw ¢iiU fui iiu Oili¥i purpose. To the fullest exlenl permitted by law I do not aGGepl or assume responsibility to anyoTre other than the Trustees, Ès a body, for rfhy wark or for this report. R•#p•ctiv• r•$ptsn#ibiliti•# of th• Examin•r The charity's trustees are responsible for the preparalion of the accounts in accordance wilh Ihe terms of the Charities and Trustee Inveslmenl {Scollandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006 las amended). The charity Iruslees cOnser that the audit requirement of Regulation 1011) lal to Icl of the 2006 Accounts Regulations éoes not apply. It is my responsibility lo examine the accounts as required undLY section 44{11 Icl of the Act and lo stale whether particular matters have come to my attention. Basls of Independent Examlnels Statement My examination is carried out in accordance with Regul8tion 11 of the Charities Accounts (Scotlandl Regulations las amended). An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also Includes consideratlon of any unusual items or disclosures In the Ilnanclal statements and seeks explanallons from the trustees Concerning any such fftatters. The proGedures do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial 8tstement8. Indopondont oxaminor'$ statomgnt In the course of my ex8min8tion. no m81ter has come to my 81tention'. Which gives me reason8ble cause lo believe th81 in m8leri81 respect the requirements., To k@&p 2tLounting rÈtordg in 2ttordnt& with SÈtttion d411)121 of thè 2005 Attt 2nd Regulakn"on 4 of Ihe 2006 Accounts Regulations To prepare financial slalemenls with accord with the aOUnts.ng records and comply with Regulab'on 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 understanding of ltte financi?1 statements tc be reached. Prlltrier For and on behalf ol HÈnderson Loggie LLP Chartered Accountants The Vision Building 20 Grèènmark8t Dundèe DD1 40B 4 March 2025 IDC 2024 acmunts for signing 27 2.25.[ [c99165952l43af.9c7cs8e7c7436D8j Page 8 111
Ice Dundeè (Community) SCIO Recelpts and payments account forthe perlod ended 30 June 2024 15 months to 30 June 2024 12 months lo 31 March 2023 Recelpts Donations received Bank Interest Poslcode Lottery funding 57,500 569 25,004 90,000 531 83,073 90,531 Payments Payments for chartsble activities.. Donations Salaries and associated costs Secmlaries, fee 62.258 36.513 300 63,208 28,086 767 Total payments 99,071 92,061 Deficit for the period 15,9981 11,5301 All the above activities are unrestricted in nature. IDC 2024 accounts for svJning 27.2.25.FR1f Ic991659e-952f43af-k7c458e7c7436081 Page.. 9111
Ice Dundee (Community) SCIO stalement of balances as al 30 June 2024 30 June 2024 31 Marsh 2023 DiiiiK ¢iiid 6a¥li In hand Opening balances Defieit for the period 19,770 {15,998) 21,300 (1,5301 Closing balances 3,772 19,770 Fund5 Unreslricled funds 3,772 19,770 Assets Amounts owed from Ice Dund&e Limit8d 13,823 2,799 Llabi1111os Secr9taries' fa& including VAT Indepandent axaminers fae includiry VAT PAYEINI due to HMRC Dundee Ice Skating Club Christmas Show 300 972 425 1.308 1,020 371 1,000 2,391 3,005 Approved by the Trustees on . 4 March 2025 and signed on their beh81f by.. IDC 2024 acmunts for signing 27 2.25.[ [c99165952l43af.9c7cs8e7c7436D8j Page 10 111