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2024-10-31-accounts

Westhill Choi Kwang Do Trustees’ Annual Report November 2023 to October 2024

Charity contact information

Westhill Choi Kwang Do

Scottish Charity Number: SC050540

c/o The Garioch Partnership

Wyness Hall

Jackson Street

Inverurie

AB51 3QB

www.westhillckd.org

Charity Trustees

Name all of your charity trustees for the period, and the date they left if they were not in post for the whole year

2

Objectives and activities

The organisation is established for charitable purposes only, and in particular, the objects are:

to promote the benefits of, and participation in martial arts, primarily Choi Kwang Do International Martial Art

to provide access to martial arts training regardless of gender, sexual orientation, race or religious beliefs and subject to basic safety requirements; age and physical or mental impairment.

to promote health, wellbeing and a more active lifestyle through regular club activity and training in martial arts.

to advance the public participation in sport

3

Structure, governance and management

Type of governing document

The organisation is a Scottish Charitable Incorporated Organisation run as a Single Tier SCIO

Trustee recruitment and appointment

There was no recruitment or appointment of Trustees during this period.

4

Achievements and performance

Ongoing attempts to increase membership numbers following severe reduction in members numbers during COVID.

5

Financial review

Income: £3850

Expenditure: £5209

Statement of the charity’s policy on reserves

The charity will retain reserves that are commensurate with the activities and aims of the organisation.

6

Future plans

Student recruitment drives, with a particular focus on adults

7

Declaration

Signed on behalf of the charity trustees:

Designation: CHAIR

Date: 03/02/2025

8

Page 5

SC050540

WESTHILL CHOI KWANG DO SCIO STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING RECEIPTS AND PAYMENTS ACCOUNT) FOR PERIOD TO 31 OCTOBER 2024

STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING RECEIPTS AND PAYMENTS ACCOUNT)
FOR PERIOD TO 31 OCTOBER 2024
RECEIPTS
Grants
Donations
Receipts from Charitable Activities
Receipts from Gross Trading
Investment Income
Total Incoming Resources
PAYMENTS
Payments relating directly to charitable activities
Gross trading payments
Governance Costs:
Independent Examination
Legal Fees
Total Resources Expended
Net Incoming / (Outgoing) resources for Year
Total Funds at 1 November 2023
Total Funds at 31 October 2024
Restricted Unrestricted
Funds
Funds
£
£
-
-
-
-
-
-
-
3,850
-
-
-
3,850
-
-
-
5,209
-
-
-
-
-
5,209
Total
Funds
2024
£
-
-
-
3,850
-
3,850
-
5,209
-
-
5,209
(1,359)
1,889
530
Total
Funds
2023
£
-
-
-
3,965
-
3,965
-
4,584
-
-
4,584
-
(1,359)
-
1,889
-
530
(619)
2,508
1,889

The statement of financial activities includes all gains and losses in the year. The above receipts and payments are split between restricted and unrestricted funds.

Poge 6 WESTFllLL CHOI KWANG DO SCI STATEMENT OF BALANCES OCTOBER 2024 Totsl Rgstrkted Unr•strlct•d Fut)ds Fund Funds 2024 Total Funds 2023 Cash aThY Bank Balances at 1 No4eftknr 2023 Surplusl(defiull for the year 1.889 (1,3691 1.889 11.3691 2,508 16191 C¥sh and BaTrk Balances at 31 October 2024 $30 530 1,889 The financial gtalernenls weie approved by the 803rd of Trusta8s on 03K12f202S

Page 7

SC050540

WESTHILL CHOI KWANG DO SCIO NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 OCTOBER 2024

Nature & Purpose of Funds

Funds are used to promote the aims and objectives of Westhill Choi Kwang Do SCIO.

Trustee Remuneration & Expenses

No remuneration was paid during the period to any charity trustee or person connected to a trustee in this period.

Direct reimbursement of purchases on behalf of the organisation was paid to 1 trustee on submission of receipts. These payments amounted to £1,727.02.

Receipts £
Membership Fees 3,850.00
3,850.00
Payments
Hall Rental 2,785.00
CKD HQ Fees 656.29
Equipment Costs 427.00
Postage/Stationery 4.20
Advertising 145.00
Insurance 409.16
Website/Email 193.44
Sundries 128.93
4,749.02

Independent Examiner’s Report to the Trustees of

Westhill Choi Kwang Do SCIO

Registered Charity Number: SC050540

I report on the accounts of the charity for the year ended 31 October 2024 which are set out on pages 10-12.

Respective responsibilities of trustees and examiner

The charity’s 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 Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit

requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility 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.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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:

  2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations

  3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper

understanding of the accounts to be reached.