Pegasus Vaulting Group Trustees. Annual Report and Accounts 1 August 2023 to 31 Juty 2024 S¢ottish Charity Numb•f SC048S35
Pry¥ V•ultiffj Gmup Scottish Charity Number SC048535 Cufftnt tntstees Rè¢ruiknent and oppolntm•nt of Trusto All of the pegas Vaultin8 Group trustees are appointed or reappointed bv the membersat the annalleal netir% w duri netir as reSSary. Pegasus Vaulting Group is a Scottish charitsble incuporated organi5ation andthe purposes and administration arrangements are set out in our constituticm. Our purFK15es a5 recorded in our constitution. is.the thancement rl pubk partitipation IN swrt, promoting team spirw¢ frtness, fun and chalen8e. A¢lIvili and ach¥0nts IVS been another busy year forthe Pegasus vaulti GroLP With the vaulters the horses going from strength to strength. In earlv September, kottish 0m"0$hS are held with the British ChamL1p$ being held in mid OrtDbor. Both Competitio were well attended ¥Jith some8reat results and perfcmancesfrom Pegasus. The group acquired anotherstatbt ¥aultsng barrel and roller. which 8i¥es US three really g(xxl ststic barrels alorvg5ide the ffloving ba¥iel whKh was acqubted after the Brtti5h thwh fundrai5in8 and grants. The ReW0CI Vauth"n8 Simulator Imovlrg barrel) has tjeen an in¥aluat4e tooL li ha5 jvided a platlorni for the training of individuaLs. pas-de-deux ènd teams where ¥aufters can practise moves repeaiedly, gaining confidence and fitness. Thi5 has also provKled rewteaching Opportunities for the coaches. My Club Hub was introduced a5 a way of recetving payments of monthfvtrainngfees. makirE them easier to track and also provKles a new place for the websrte which needed updating. Page I
P¢gasu¥ Vaurtlry G Trust•e8' Annu•l Reportand Accnts to 31 2024 Athibos and achi•¥efflènts . continu•d When ourtreasurerfs children moNtd on P?tt'.IrW rtew. it wastirne to say g(KKlbye te • who has p13yed an IMpant rde over the year5. . the fatherof onè the vauer5 was Invited to be Chairman with new appointments lor TrÈasurer and Seuetsry and all three feel they work together and support eath other within these roles. We are still keen to encourage more paRnts to take a more active role within the group. An excitlng new venture was started this year. OuTSMle coaches were inmted to the Club to offer cllnlc5. O¢tober2023 saw American coach arnl ex-v8ueT, cae over from Gemiany to teach all levels over h¥0 day& French coach and ex-vaulter. Iso caff to teath for one day. Sthne vaulters travelled to the Nethedands fort cays fr3inin¥ with Dutch coach Nnke de Wolff In February 2024. [ffereftt cwhes bring a wealth of ideas and kne{e to vaulters and coathes alike. The competition season started in March with all vaulters attending some rfnot all the cornpetitions There has been great suecess at 311 the wents especially with the téams_ We have had iiaultws irying new things either in pairs or team5 3fKI Trn different roles Within these. In April 3 small group of vaulters went to Saumur. France to cornwe alorg wwth super stsr horse Bilty. The highlight of the year wa5 having a vaulter selected to ILYnpete for Great Britain atthe EuTLyean jurmorchamiyth1p5 in Bern, 5trtan0 along wrth hryse Billy and coach Lo)king forward, we a thinking holdlngsome barrel competÉtions out of Season and tJrk wll continue throughout the winterworkir¢g on routines arbl iMprlg tKhniques. We continue to be group ol happy. likemiThded peIe all with the same aim of promoting equestrian Vaults. Pe4asus Vajlting Group is a thr1W pJoup with aspirations to achieve. As a $VIt of the deficit of £4.209 at theyear end. Pegau5us Vaulting Group held unrestrlcted funds of £7.526 at the year end. The trustees consider the fundsto be SLrffioent to conbnue to meet day to day expenses fcf the time being but plans forfurther fund raising s (m80ing. Approved by theTrustees arKI sigred on their beha Pa8e 2
P*9& Vang Group R•c¢ipts and Paymnts AGcount to 31 July 2024 2024 2023 Tot41 Fund• R•c•ipts Donations Charitable Activities Fund Raising Events Grants Bank Interest 453 48,495 3.335 1.150 1.fj03 48,495 3.335 11,000 2,650 34,926 9,803 8,698 26 li.(• 61 Total Receipts $2.344 12.150 ' 64.494 56.103 Payments Equipment 8,954 Ii,LK)O 19,954 1,919 Fund Raising Events Costs 81 81 318 Payments lor tharitable activities.. Trophies et¢. Instruttors. horses and arena TraFnin8 an(J clinics Mernbership5 Competitions Independent examination iii iii 21,280 192 18,668 1,154 275 26,858 ILY) 21,280 861 276 24090 Ic 276 26,040 1,150 Total payrnents for charitable artivities 47.518 1.150 48.&$8 47,247 Total Péymen15 56,553 12,150 fj8,703 49,4B4 Surplus I IDvficitl for yoar 4,209 4.209 6.619 Page 3
P•ga•u• Vauling Gro Statsmenl of Babncrf as at 31 Juty 2022 2024 2023 Totsl Fund• Bank and ush In hand Openin8 balance5 Sutplus I (Deftdt) for year 11.735 4.209 11,735 4.209 5.116 6.619 Cl(Ing balances 7,526 7.526 11,735 General funds 7.526 11.735 Equipment. at ct Additions 10.334 19.954 8.415 1,919 30.288 10.334 Net Bookvalue afterdepreciatron 22.632 6.636 Approved by the Tnjrtees and si8ned theY behall
All income is derived entiY from within the UK. Donation5 of £1.603 have been received of which £1.150 was speafically recep to help with the costs of the Saumur competttion. aub fees Competition fees Annual Membership fees Tralning Kit 21.845 21.474 925 3,288 963 48.495 3. Fund Raising Ev•nts Fundraising events includin8 raffles. bingo. cake sales etc. raised £3.335 to CMtribute to the ore(xng running ofthe Oub. 4. Grants Grant5 totalling Ell.C(M) were received for the specific Purpose of purchasing a vaulti SimUtOr. S. Intor¢st 8ank interest of £60.99 wa5 received duri the year. S. Purehas•d Vaulting Simulator Barrel roller 15.760 4.194 19.954 Page 5
Pegasus Vaultlffd G¥oup 7. PAwnbwship8 Annual membership of the British Equestrian Vaulting A$5tKiation costing £276.rxi wa5 paid. 8. competiti.ons Entering competitions is necessary to evaluate ability and p8ss. Costs include travel, accommodation and foDd for compedriors and horses. The trustee5 did not receive any remuneration or expenses during the year. Page 6
Additional Note to the Accounts Depreciation is prcmded to write off the cost orvaluation of assets over their experted usefvl lives. No depreciation is provided on the preceding accounts. The Charity adopts a policy of routine mairttenance to ensure that the equipment is maintained in 8¢X condition. If depreclion were applied. 18% of the reducing balarKe wwld be used. Cost at l Augu 2023 Ixwght ftywd 11,344 Additions lat costl 19.954 At 31 Juty 2024 31.298 Provis as at 1 AU$l 2024 M¥Yl. Provided dijring year 3,698 8.666 £22.632 Page 7
APPENDIX 3 oscr Office of the ScottBh Charity Rogulator Independent oxaminerfs roport on the accounts nwnber On tho accounts of th• PerK#J end date Yeai 2024 01 31 r•sponsibilities of audit re(pI¥èfft of RÈgLlatm 1r41> Idl of thè A(rthnts RU1)nS does not apply. It my respcrtsbtlity to exam Ihe accounts as reqijired Lmder section 44{1) (c) of the ALt and to State whether parli(xAar matters have come to my atkntKJn. Basis of My emInati 1$ caThied in aC0)r ith Reguk3tion 11 oflhe Chaiiknes examins slatemont (Scot1} Regulatson5 2. exarnnati IeS a oflhe arxountiry re(d$ kerl by Ihe charity )d a 0)nya of tr aounts presented with Ihose rec(xts. It also tvtsideratM of musual items LY (sdosures in the pr[e(reS uTrJwtsken (k) rnt 1 ev¥Jence thal kj be required in an audrt IrKlependthrtexaminerfs In the of my eXarnnan. ryb mr ha5 (XWTE to rny atterkn [rthi than Ihal to keep acccAmkng T(¥d5 in xCoTdce s8d#)Tr 44(1) (a) of thè 2005 Acl and Rewlthi 9 ofthe 20Cfj Acc(yJnts RegUlatS he not been Iirt or to whith. in my Dpinim. dttention should be di in c)rder to enabk a proper Mame". Relevant professlonal qualific•lion(81 or body Irf any)". 'Pa$edele the words In bR(knts do appty. Ifthowtyds do awly. $01 wt thow rnwtter5 %thiL havocome to your atton11 on folbww paie.