REGISTERED C4RITy NLThIBER: SC049947 R¢port olth*Trnsteu aDd Un•udlted Fitianeial Statements For The Ye4rEnded 28 F¢brwy 2023 Forres Skats Psrk IDltlatlYe{SCto) The Long Partnership Park HON Centr¢ South Street El&n N30 IJB
Form Skate Prk Inldadvt (SCIO) Contents of the ThwiefAI S¢t¢meJts For The YeAr Ended 28 February 21m Page IeDdent Exthltser's Report Slatoment of FIDanclgJ Actlvltles BAlaDee Sheet liote$ to the Sttemthts 5 to 8 Ddlllled Statement of FlnAndal Acti1¢9
Forres Skllte Park Initiatlve (SCIO) Rhrt of the Thistees For The Ended 28 Febru4ry 20ZI The twst¢4s present their report with the financial stat01 of th¢ ¢lwity for Y ¢ndc4J 28 Febw8ry 2023. Th¢ trustecs bav¢ adopted the provisions of A¢counting and Reporting by Clwiti¢s,' Sta¢an1 of R(Kdj Prartic¢ applicable to ¢hartsties Preparing their accounts ill accorkn with the Finla1 It¢porting Standard apph'¢abl¢ in tts¢ UK and Republic of ]reland (FRS 102) (¢ffertiY¢ l jUary 2019). ObSectlve4 #nd Alms The principal object and acti1riti for Forr&s Skate Park Initiative ig Ihe adternt of public wicipats¢)n in spon and the provision of recTeational facilitie% or the OTgaJ]isation of recreational activiiias, with objed of tinproving th¢ nth"iions of life for the peTsons for whorn the facilitioD oracLivities are prilnarily intend&l. Sigwfiwit ¢tiiities We have identiffi ow prefexT&I location of GJaTJt Park and are aJ8a8LDg with Moray Council a8 we work ts) secure the land through a Com]nunity A55d Trdnsfcr {CAD. The CAT application submitta this year to Moray Coun¢li . In that rcgrt FSPI are awaiting an official rwonse which ha5 ddayed due to urBent repairs requsred to Forres Ac•lemy (RAAC cement foundwKthin th¢ thol). STRUCTURE, GOVERNLNCK AI¥D MATr4AGEMEKr GovtrDillg docwDent FO¢S Skot¢ Park Jnitiatiir is a Scottish chilab]r IworDted Organisation (SCIO) and its rn3na8cmart and r4tic# are govemed by its constitlttiott. REFEREI%CE AND ADMLNisfRATIVE DETAILS Rwstered ChMIt)' number SC049947 Indepeent Tr-.¥smin¢r I'ne LongPartn¢rsh PATk House C¢ntre South Stre Elgin tV30 IJB Apptow¢dby ordtt of the iK)ard Df trw5tees on ........... ............................... and signe4J onitstd]alf by.. Page I
Independent ExAmlnerls Report to the Trusttts of Forres Skate Park InltlatiTre {SCIO) IndwDdenttr#lnlner repon th the tn of Forres Sknte P&rk Inltl#tfve (SCIO) I repon to the chariry trnstees on my exaMi[lOn of ihe accoullts of Forres Skate Park Tm'tiatiKt (SCIO) (the Tn) for the yearamjed 28 Febtuary 2023. Resp0Db1lIe% And b891s of report As the clwity ¢e$ of the Tnjst >pou are re4x)nsible for the ptEparation of the ac¢ounts in accord8[e with the TequironerLL8of the Cltits Act 2011 ethe Ad). I trp)rt in T¢t of rny G¥amination of the ThLsV8 account% cani&1 out undu Section 145 of the Ad and in carrying out my ¢xarnina(ion I have fo1]0rd a]1 applicabl¢ Dirwtions giv¢n b>. th¢ Chlty COmTnis0n undcr S¢ctii)n 145(5Xb) of Jwlependent exminer'J $tsterneDt I have Cornplet my examiOn. I confirn) tknt no nial matters have come to my aticntion in conne¢tion with the exami0 giving me eauseto be]ieve th&tin ony materia] re4)eL: cot]g records werenot W in respeet of the TnL8t &qreqllired by Saxion 130 of the Act. or th¢ aci>unts do not accord withthose rordS. or ihe accounts do not C4)mp]y with the Rpplieable rewirtm¢Dts CO[] the f ad ntent of accounts %t out in th¢ Charities (A¢4)UDts and R¢portsl R¢atiOnS 21X)8 other than any rU]Ment that the accounts give a e and fairvA¢W wILieh isnot E4]natter¢oLsidtrd as part of an ind¢F¢n(knt ¢xamini I ljave no concerns aT have come *ross no otber ]natt&5 in conntttion with the examinatiorl to which attentith sh(d FK drawn in this reprt in order to enable 2 proper Under#andi of the accounts to t¢ reacknj. Tlic kn)ng Partnrrship South StTe¢t IV30 IJB Page 2
Forres Skate Park Inltl•tlve (SCIO) Sttement of FSnAneil Aetivltles For The ye Ended 28 February 2023 Peri(Ml y EBd 28.2.23 Total 28.2.22 Totsl Unrestricted Restricted Notrs COME AlET0mE[sFRO I%atiOnS 8t Iwci 121 9.032 282 282 Totsl 403 9.032 BAisitig fu]y Chrltble *ed Misc To 8,403 NET INCOLMEI(EXPEYDITbRK) (381) (381) 629 RF.CONatlATION OF FUNDS Total fund5 brought forwwd 813 813 184 TOTAL FUNDS CARRIED FORWARD 432 432 813 The notcs f(Ym pan of these financiai ststements Page 3
Forres Skgte Prk Tnldatlve (SCIO) Blan¢e Sheet 28 Febrllry 2023 28.223 Total 28.2.22 Total funds Unrestricted Restricted fund CURRETrT ASSETS Cash ai bank 432 432 813 .NET CURRLN7 ASSETS 432 432 813 TOTAL ASSETS LESS CITRRENT LIABIl.[.s 432 432 813 NET ASSETS 432 432 813 432 813 TOTAL FUNIAS 432 813 ia] swemethts wtte appmved by the Bts# of Tn]ses a1 aut for i59J¢ O and were Sid on its behalf by: The note$ fonn part of these finBncial 518iemeDts Pag¢ 4
Forre5 Skltr Park Inlditlve (SCJO) Notes to the F5nanciAI Ststements For The Year Ended 28 February 2023 ACCOLwfll%G POLICIES Bash of prtparkng the statsments Th¢ fLnoDcial Stat¢MlS of the charity, which is a public benefit entity uThJer FRS 101 have been prepated in accordance with the Cfrarities SORP (FRS 102) 'AccountiDg and Reporting by ChaTities'. Ststernent of Recornmended Practice applicable to charitits prepaTill8 ther A¢counts in accordonce 1th the FinBncial Rwrting SIdard applicable in the L'K and Republic of Ireland (FRS 102) (etTe£tive l janu 2019}'. Financiai Reporting StandaTd 102 ryhe FinaTrcial Reporting Sta))dard applicable in the UK ReblIC of Ir¢land' and th¢ choriti kn 2011. Thc financial blatancnts havc iKcn prwc4 undcr thc histori cost cotiyention. Income All income is Teco8nised in the Statement of Finat)ciai Adiviti¢s once the ¢barity bas ffltidemen¢ to the fvnd& il is probable that thc incornc will be rcceived and the alnount ean bernea8ured reliably. Liabiliiits aTe rQglSl as expendittue &8 S)n th&T is a legal or colnve obligation committing the (knity to that ¢xpuditllr4 it is probabl¢ th a tra[ of wonomic benefits will be UIred in settl¢m¢nt and the amount of the obligation c•n Ix mewred reliably. ExdIre is ULtl for on att &uuals b&sAs aThJ h&8 beerl ¢lwifiol under headings th awgate all ¢05t r¢lat¢d tsi th¢ thgory. Whor ¢05ts 0t b¢ diT¢CtIy tribut ¢0 parti¢ul4T headings they h&ve been ailocwed to activiiies on a basis eonsisteth with the use of The¢hlty isexempr th)m M on its charirable athiviiies. Fund accouDtIDg Unrestricled fijnds Can be used kn a¢[dance with the Chitable ObJtiveS at the discretion of the tnthes. Res¢ri¢leAI fvnds ¢an only be used for particular re5tiid¢d pU05¢S within the objects of the clwiry. Restrictions arise when specifi&1 by the doTh)r orwhen fvnds are raised forparticularrestrieted purposes. FUÈthCrcxpla1Oll of the nthreand purythe of is includ1 iti the not¢s toth¢ filla[ stattmrDIs. Hire purdM8e and leaSiD&commitment¥ Rentsis paid under operating leases are charga to the St8t¢m¢rt of Finvncial Activities on & straight lin¢ basis oycrthe pui(Ml of the Icase. (wrHER TRADLIG ACTIVITI&S 1.5.21 Y¢aT Ended 28.223 28.2.22 FunLtiaigng ¢ts 282 Page 5 continued...
Forres Skate Park Enld9thFe (SCIO) Notes to the Fin8n¢lal SttemtMts- eontlnned For The Yer Ended 28 Febnmry 2023 RAulDgdonatiow and ]egadei Period 1.521 YcarEnded 282.23 28.2.22 Support cosrs TRUSTEES. RLIlUNERATIOYAF4D BENEFITS There were TLO ttusteu, remuneration or btheffts for the ytaT 28 February 2023 llor frtr the pTrod eThJed 28 F¢bruary 2022. werc no tr¢8. ¢xpenKs paid for the year enthd 28 Februvy 2023 nor for the period etxkd 28 February 2022. COMPARATIVES FOR THE STATETrIENT OF FINNcIAL ACTIVITIES LTnr¢stricted Restricta] fimd knd Sjttds INCOME ATrID ENDOWMENTS FRO.M Dongtions and l¢ga¢i¢s 632 9.032 Raising fimds Charitable Kthltks Mis¢ Tots] 8.403 NET IIICOME 629 629 REcf)NCILIATION OF FUNDS TotaLfuttd% forward 184 TOTAL FL'NDS CARRIED FORWARD 813 813 Page 6 continued...
Forres Skts P4Tk Inldallve (SCIO) otes to the Flnanei21 St8tements- eontinued For The Year Ended 28 Februarv 2023 IOVEMENf Th FLThU)S Net movement in funds At 1.3.22 28.223 Unre5tri¢twl fulldi GtheT fund 813 {381) 432 TOTALFbThlKS 813 (381) 432 Net Tnovemcnt in fund4 included in the aEove are follows: Resources Movement resoDwes eXpendj in fiJud8 Ga)eTal fund 403 (784) (381) TOTALFU%T)S 403 {381) CompT#di for In fwid8 mov¢mu)t in funds At 28.2.22 At 1.5.21 Gene1 fund 629 813 TOTAL FDs 629 813 CDmp3rative net movemfflt in fimd& itKlud¢d in the atrKJve are as follows.. Fncoming Rcsowtt8 Movanent 17nrwtricted fvllds Ga)¢rdl fund 632 (3) 629 RtStrirttd R<¢ricttd fund (&4O)) TOTAL F1)s 9,032 (&403) 629 Page 7 ontinued...
Forres Skate P4rkJnltladi'e (SCIO) Notey to the FiDnci#l Sttsmeuts- cont[nu1 For The Year Ended 28 Ftbnthry 2023 RELATED PARTY DISCLOSURES TIKrewere tm) relotedpoty transactions fortheyearend&a 28 FebTuary 2023. Page 8
Forres SkAte Park IDltlath% (SCIO) Detalled Statement off FInAncIA¢thtIe5 For The Year Ended 28 February 2023 P¢Ti¢ 1.5.21 Year Ended 28223 28.2.22 COME.4hl) Ehl)OWMENrs DollaiioThs Grants 121 632 8,41XJ 9.032 O¢her trading 8¢¢ni¢8 282 Totsl 403 9,032 EXPEIWITURE Cbrlt*ble >tIES Room hire AdVlS1n8 &EndrieB Feasibility mdy 183 133 20 336 Support costs Bk ¢harge6 (Xber 448 403 Net (¢xpend5threVln¢Trm¢ 81) 629 This page does not fonn part of the 8tathtory fiTJancial 8tat¢ments Page 9