KILMARNOCK AMATEUR WEIGHTLIFTING CLUB CHARITY NUMBER SC049538 TRUSTEES REPORT FOR THE PERIOD TO 31 DECEMBER 2024 The trustees present their report together wlth the financial statements to 31 December 2024 REFERENCE AND ADMINISTRATIVE INFORMATION Name Kilmarnock Amateur Weightlifting Club Charity number SC049538 Address OK 8 Bridgehouse Court Kilmarnock KAI 4QH Trustees STRUCTURE GOVERNANCE AND MANAGEMENT The charity was registered on 16th August 2019 and is a Scottish Charitable Incorporated Organisation (SCIO). Prior to registration the club operated as a not for profit organisation and all funds and assets were transferred to the SCIO Trustees are apponted at the AGM and there must be a minimum of three trustees. OBJEcfivES AND AcfiviTIES Charitable purposes - the advancement of health, the advancement of public participation in sport, the provision of recreational facilities or the organisation of recreational activities with the objective of improving the conditions of life for the persons for whom the facilities or activities are primarily intended. Main activities - the provision and promoting of the sport of weightliftingi health and wellbeing activities for the community of Shortlees including chair-fit classes, walking groups, holiday programme activities for young people and wellbeing activities for people in a disadvantaged area. Main achievements- The charity has been sreadily working towards a return to regular activities following the COVID-19 pandemic. Our sports and wellbeing activities have steadlly built back up following the gradual relaxation In COVID-19 restrictions and guidelines. We are now working with the British Welghtlifting Association to deliver weighllfting programmes in local schools as well as the development of senlor olympic weightlifting sessions and powerlifting sessions. Online provislons have continued to play their part in the programme that the Health & KILMARNOCK AMATEUR WEIGHTLIFTING CLUB CHARITY NUMBER SC049538 RECEIPTS & PAYMENTS ACCOUNT TO 31 DECEMBER 2024 2024 2023 RECEIPTS Grants Competition fees Membership fees 973 11,060 676 8,152 7,007 OK 7,980 19,888 PAYMENTS Property improvements Coaching courses Accountancy Grossart Associates (property) Flights.re competitions Shirts. ophies: Hanger fees Equipment Sundry Bank charges 20,590 280 264 1,026 252 3,687 3,020 592 330 50 10,000 50 206 1,035 5,471 257 35,382 11,728 NET RECEIPTS -27,402 8,160 KILMARNOCK AMATEUR WEIGHTLIFTING CLUB CHARITY NUMBER SC049538 STATEMENT OF BALANCES AT 31 DECEMBER 2024 UNRESTRicfED FUNDS RESTRicfED FUNDS TOTAL FUNDS CASH & BANK BALANCES Balances brought forward Net receipts Funds transferred 25,280 -27,402 20,590 25,000 50,280 -27,402 -20,590 6)NiooÉ BALANCES AT END OF YEAR 18,468 4,410 22,878 BALANCE AT TSB 22,878 OTHER ASSETS Property at cost Improvements and professional fees Inprovements and professional fees 2023 Inprovements and professional fees 2024 Less grants received 13,286 55,890 3,687 20,590 -56,060 13,286 55,890 3,687 -56,060 37,393 16,803 Equipment (estimated replacement cost) 115,000 105,000 Approved by the trustees on 16 June 2025 and signed on their behalf by - Wellbeing Officer delivers but are now being paired with a more hands on approach to inproving health and wellbeing through dellvery of face to face groups and classes. FINANCIAL REVIEW Our main source of funding is our membership fees supplemeted this year by grants. RESERVES POLICY We aim to keep unrestricted funds of £15,000 to cover operating costs to enable us to promote our sport and to advance our purposes. As at 31 December 2024 the trustees are satisfied that this policy has been met. RESTRICTED FUNDS Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for a specific restricted purpose. In 2022 we received £25,000 from the Council for Voluntary Organisations as a grant towards the employment of a development officer. We were not able to fill this post and with the agreeemnet of CVO those funds were re-allocated to enable us to further improve our building. 5&1S UNRESTRicfED FUNDS Unrestricted funds are funds that can be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day to day running of the club. PLANS FOR THE FUTURE To continue to develop the club and to maintain our buiding to the highest standard possible giving the funding constaints. Approved by the trustees on 16 June 2 ehalf by - Trustee INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KILMARNOCK AMATEUR WEIGHTLIFTING CLUB FOR THE PERIOD TO 31 DECEMBER 2024 I report on the charity accounts for the period ended 31 December 2024. The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my resposibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. My examination is carried out in accordance with Regulation 11 of the 2006 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken 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 accounts. In the course of my examination no matter has come to my attention - i) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with regulation 9 of the 2006 Accounts Regulations have not been met, or 2) to which, in my opinion, attention should have been drawn to enable ro er understa he accounts to ne reached. 16 June 2025