## **Alpine Training Centre SCIO Annual Report and Financial Statements Year ended 31 March 2025**
**Charity Number SC050509**
## **Alpine Training Centre SCIO Trustees' Report Year ended 31 March 2025**
The Trustees of the Alpine Training Centre SCIO have pleasure in presenting their report together with the financial statements of the charity for the year ended 31 March 2025.
## **Reference and Administrative Information**
**Charity name**
Alpine Training Centre SCIO (ATC SCIO)
**Charity number** SC050509
**Principal Address** Tigh an Ulit Nethy Bridge Cairngorm National Park PH25 3DR
## **Trustees**
**Independent Examiner** Ritsons Chartered Accountants 103 High Street Elgin IV30 1EB
Page 1
## **Alpine Training Centre SCIO Trustees' Annual Report Year ended 31 March 2025**
## **Structure, governance and management**
## **Constitution**
The Trust was established by Trust Deed, dated 7 October 2020, and is a recognised Scottish Charity, number SC05050. It is a Scottish Charitable Incorporated Organisation (SCIO) and has a single tier structure. The trustees are the only members of the charity.
## **Recruitment and appointment of Trustees**
Trustees with appropriate experience and background are appointed in accordance with the terms of the Trust Deed. There must be minimum of three and a maximum of eight trustees.
## **Objectives and activities**
## **Purpose**
The trust's aim is to broaden and advance participation in ski racing by helping to make training and racing accessible and affordable to all young skiers; to encourage and nurture passion for competitive ski racing and a love for the outdoors; by providing accessibility to ski race training in environments that promote hard work, confidence, resilience, fun, friendship, teamwork and leadership, it will inspire and empower young adults to be the best they can be in sport and in life.
## **Activities and achievements**
The charity awards bursaries for kids to attend apline training camps with ATC Limited and other organisations.
No grants (2024:5) were paid during the period. The grants ranged in size from £3,000 to £8,000.
## **Financial Review**
Income for the year amounted to £5,426 (2024: £4,760). Expenditure totalled £1,765 (2024: £29,802). This left a surplus of £3,661 (2024: £25,042 deficit) at the period end.
## **Reserves**
Total reserves at 31st March 2025 amounted to £23,104. This is made up of restricted funds of £11,523 and unrestricted funds of £11,581. Bursaries will be awarded from funds available.
## **Trustee remuneration and expenses**
The Trustees did not receive any remuneration.
Page 2
## **Alpine Training Centre SCIO Trustees' Annual Report (cont) Period ended 31 March 2025**
## **Plans for the Future**
The Trustees remain committed to offering financial support to young skiers in future years, with plans to distribute bursaries during the period ending 31 March 2026. The Trustees will focus on reviewing and updating the bursary criteria and application process to ensure fair and effective distribution of future funds.
Approved by the Trustees and signed on their behalf.
Date:[11/11/2025 ]
Page 3
## **Alpine Training Centre SCIO Independent Examiner's Report Year ended 31 March 2025**
## **Independent Examiner's Report to the Trustees of the Alpine Training Centre SCIO**
I report on the financial statements of the charity for the Period ended 31 March 2025 which are set out on pages 5 to 8.
## **Respective responsibilities of Trustees and Examiner**
The Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Chaarities Accounts (Scotland) Regulations 2006 (as amended). The Trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under 44(1)(c) of the Act and state whether particular matters have come to my attention.
## **Basis of Independent Examiner's statement**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records 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.
## **Independent Examiner's statement**
In the course of my examination no matter has come to my attention
(1) which gives me reasonable cause to believe that in any material respect the requirements
(a) to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended) and
(b) to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations (as amended) have not been met or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Associate in the firm of: Ritsons Chartered Accountants 103 High Street Elgin IV30 IEB
> Date: 11/11/2025
Page 4
## **Alpine Training Centre SCIO Statement of Receipts and Payments Year ended 31 March 2025**
|**Unrestricted**
**Restricted**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**Note**
**RECEIPTS**
Donations
201
-
201
-
Grant income
5,000
-
5,000
4,760
Other income
225
-
225
-
charitable activities
**Total receipts**
**5,426**
**-**
**5,426**
**4,760**
**PAYMENTS**
Payments relating directly to
**3**
350
-
350
575
Grants awarded
**4**
-
-
-
26,000
_Governence costs:_
Independent examination
1,415
-
1,415
1,348
**Subtotal**
**1,765**
**-**
**1,765**
**27,923**
**Payments relating to asset movements**
Purchases of fixed assets
-
-
-
1,879
**Total payments**
**1,765**
**-**
**1,765**
**29,802**
**Net Receipts / (Payments)**
3,661
-
3,661
(25,042)
**Surplus / (Deficit) for year**
**3,661**
**-**
**3,661**
**(25,042)**|**Unrestricted**
**Restricted**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
201
-
201
-
5,000
-
5,000
4,760
225
-
225
-|**Unrestricted**
**Restricted**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
201
-
201
-
5,000
-
5,000
4,760
225
-
225
-|
|---|---|---|
|||**5,426**
**-**
**5,426**
**4,760**|
|||350
-
350
575
-
-
-
26,000
1,415
-
1,415
1,348|
|||**1,765**
**-**
**1,765**
**27,923**|
|||-
-
-
1,879|
|||**1,765**
**-**
**1,765**
**29,802**|
||||
|||3,661
-
3,661
(25,042)|
||||
|||**3,661**
**-**
**3,661**
**(25,042)**|
Page 5
## **Alpine Training Centre SCIO Statement of Balances as at 31 March 2025**
|**Cash funds**
Cash & bank balances at start of year
Surplus / (Deficit) for the period
**Cash & bank balances at end of year**
**Other assets at cost**
Radios
Ski Gates|**Unrestricted**
**Restricted**
**2025**
**2025**
**£**
**£**
7,920
11,523
3,661
-|**Total**
**Total**
**2025**
**2024**
**£**
**£**
19,443
44,485
3,661
(25,042)|
|---|---|---|
||11,581
11,523|23,104
19,443|
||**Fund**
Unrestricted
Unrestricted|**Cost 2025**
**Cost 2024**
2,250
2,250
1,879
1,879|
|||4,129
4,129|
Approved by the Trustees on 11/11/2025 and signed on their behalf by:
Page 6
## **Alpine Training Centre SCIO Notes to the Financial Statements Period ended 31 March 2025**
## **1. Basis of Accounting**
The accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investments (Scotland) Act 2005 and the charities Accounts (Scotland) Regulations 2006 (as amended).
Bursaries, which are all one-off payments, are charged in the period in which payment is made.
## **2. Funds**
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the aims and objectives of the charity.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. The restricted funds are detailed in a separate note to the accounts.
## **3. Payments relating directly to charitable activities**
|Website maintenance
Miscellaneous
Total
**4. Grants Awarded**
A J Bursary
SSC Bursary|**2025**
**£**
350
-
350
**2025**
**£**
-
-
-||**2024**
**£**
350
225|
|---|---|---|---|
||||575|
|||||
||||**2024**
**£**
14,000
12,000|
||||26,000|
|||||
In the current year no bursaries were awarded from restricted funds (2024: 5).
## **5. Trustee remuneration and expenses**
The trustees were not remunerated during the year.
Page 7
## **Alpine Training Centre SCIO Notes to the Financial Statements (continued) Period ended 31 March 2025**
## **6. Restricted funds**
|**6. Restricted funds**||
|---|---|
|Scottish Ski Club
AJ bursary
Bursary fund|**Opening**
**Closing**
**balance**
**Receipts**
**Payments**
**Balance**
**01/04/2024**
**31/03/2025**
**£**
**£**
**£**
**£**
2,544
-
-
2,544
2,767
-
-
2,767
6,212
-
-
6,212|
||11,523
-
-
11,523|
Scottish Ski Club to provide bursaries to young ski racers with pre season training in the Alps and winter training in Scotland
AJ Bursary to support young skiers who have demonstrated a passion and skill for skiracing.
Bursary fund
to provide ski racing bursaries for young athletes.
Page 8
I