Rising Stars (Charity)
SC051261
Annual Report and Financial Statements for the Year Ended 31 September 2024
Trustees’ Annual Report
For the Year Ended 31 September 2024
The Trustees are happy to present their report together with the financial statements for the year ended 31 September 2024.
Reference and Administraton Details
Charity Name
Rising Stars
Registered Charity Number
SC051264
Principal Address
51 Garscadden Road, Glasgow, G15 6UH
Current Trustees
Structure, Governance and Management
Constitution
The Charity is a Scottish Charitable Incorporated Organisation (SCIO). It current legal form was granted by OSCR on the 16 September 2021. The Charity is governed by its constitution which was adopted on the 15 September 2021.
Appointment of Trustees
The board, which normally meets every second week, are the charity’s trustees. Membership of the board is open to all, and any person may be appointed at any time to a charity trustee, by way of a resolution pass by majority vote at a board meeting.
As per the constitution, there must be a minimum of three and no more than nine elected trustees.
Objectves and Actvites
Charitable Purposes
To provide opportunities for young children from socially disadvantaged backgrounds in Glasgow and the surrounding area.
1
A¢tlvitles and Performance This year wa5 a period of con501idation and controlled growth. Thi5 was mainly achieved through the expansion of the Rising Stsrs Programme to Hillpark, and the estsblishment of a partnership agreement with the Hillpark Secondary School for the delivery of both the sport and the mentoring part of the Programme there. A new partnership with the Voluntary Service of the Student Rèpresentative Council of the University of Glasgow will support the Programme with applications to the PVG xheme, and open5 UP the Prograrnme to a wide pool of volunteers moving forward. Discussions with the sport's governing body, Basketball Scotland IBSI, proved fruitful in reaching an agreement regarding the training of senior Rising Stars coaches to become BS tutors, so that in the future they can be trained in-house free of charge. Similarly, negotiations with the sporfs international governing body, the Fedération Internationale de Basketball IFIBAI, reached an agreement for the provision of free equipment for the support of the Rising Stars. In terms of our internal operations, the establishment of a fundraising programme is likely to provide additional funds in the medium and the longer term, while the development of a website through which the work done is communicated to the general public is seen as critical for the future of the Rising Stars. At the strategic level, the expansion of the Programme to more areas around Glasgow will requirè thè èngagement of other universities in the city. and partnerships with local basketball tèams to create viable pathway5 for participants in the Programrne. Looking at measurable performance, six 1101 new junior coaches were trained and joined the Programme. A total of twenty1121 prath.ce sessions at a group of twelve1151 pupils at the Hillpark Secondary, while ten 1101 basketball sessions were delivered to each of the four141 feeder primary schools in the area. Finally, on the mentoring side, five151 pupils from Hillpark Secondary were selected to recéive yèar-round tutoring, as part of our partnership with the Voluntary Tutor5 Or8anisation. Financial Review Our main source of funding this year came from primarily from grant providers, such as The Robertson Trust, National Lottery Awards for All. and Glasgow City Council. In early 2024, we hosted charity tournament through our university club partners, and raised £471 for the charity. No other formal fundraising events havè taken place since, but the Rising Stars team are looking forward to taking part in the Great Scottish Run in Sèptember 2024. The costs a55ociated with thi5 years, artivitie5 were lower than anticipated, as our volunteer coaching related expenses were lower than anticipated. Additionally. there were no costs associated with our tutoring programme. Our main costs for the year were associated with ordinary running costs and several expanses to host our and of term tournaments for those who parkncipate in Rising Stars. Approved by the trustees on 22 June 2025 and signed on their behalf bv=
Statement of Receipts and Payments for the Year Ended 31 September 2024
| Receipts Note Grants 4 Fundraising Other income Total Receipts Payments Cost of Fundraising 5 Cost of Charitable Activities 6 Total Payments Surplus/(Deficit) for the year Statement of Balances as at Cash Funds Cash and cash equivalents at start of year Surplus/(Deficit) for the year Cash and cash equivalents at end of year |
Note | Unrestricted Funds Restricted Funds Year ended 31/09/24 Year ended 31/09/2023 |
|---|---|---|
| £ £ £ £ 4400 700 5100 2636 471 471 957 306 |
||
| 4871 700 5571 3899 |
||
| 39 700 739 855 855 4365 |
||
| 894 700 1594 4365 |
||
| 3977 0 3977 -466 |
||
| 31 September 2024 Unrestricted Funds Restricted Funds 2024 2023 |
||
| £ £ £ £ 1839 2304 3977 0 3977 -466 |
||
| 3977 0 5816 1839 |
| Bank and Cash Balances Bank deposit account Other Assets Liabilities |
||
|---|---|---|
| 5816 | 5816 1839 |
|
| - - |
||
| - - |
||
| - - |
||
| - - |
The Notes on page 4-5 form an integral part of these accounts.
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Notes to the Accounts
For the Year Ended 31 September 2024
1. Basis of Accounting
These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 as amended.
2. Nature and Purpose of Funds
Unrestricted funds are those that may 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.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. During the year the charity received a grant of £700 towards the hire of a facility for a fundraising tournament.
The charity has agreed to introduce a reserve policy, whereby £1000 is reserved for extraordinary events.
3. Related Party Transactions
The Charity’s insurance policy includes Professional Liability Insurance for all its trustees. No other remuneration as paid to the trustees or any connected persons during the year (2023: Nil).
4. Grants
| 4. Grants | ||
|---|---|---|
| Unrestricted Funds Restricted Funds Year ended 2024 Year ended 2023 |
||
| National Lottery Awards for All |
700 - 700 |
|
| The Robertsons Trust | 2500 - 2500 |
|
| Glasgow City Council | 1200 - 1200 |
|
| basketballscotland | - 700 700 |
|
| International Basketball Federation (FIBA) |
1636 | |
| GlasgowLife | 1000 | |
| 4400 700 5100 2636 |
4
5. Cost of Charitable Activities
| Unrestricted Funds Restricted Funds Year ended 2024 Year ended 2023 |
|
|---|---|
| Marketing and Website | 239 - 239 246 |
| Event Costs | 31 - 31 534 |
| Volunteer expenses | 278 - 278 584 |
| Insurance | 306 - 306 |
| VTO Costs | 3000 |
| 855 - 855 4365 |
6. Cost of Fundraising
| 6. Cost of Fundraising | |
|---|---|
| Unrestricted Funds Restricted Funds Year ended 2024 Year ended 2023 |
|
| Facility hire | - 700 700 - |
| Equipment purchase for event |
39 39 - |
| 39 700 739 - |
5
OSCR Owity RffjJL Independent examiner's report on the accounts Chwty ising Stars (Chartty) Report to the trusteeslmembeis of Reoistered charity number On the accounts ol the chartty lor the perlod SC051264 Penod Start dale Period end dale M(A Ye8r 01 202 to 30 September 2024 Set out on pages Ternemter hi rILth thep mb¥s Respective responsibilities of trustees and examiner The charrty's 1TU51ees are responsible for the prepaiat.on of the accounts in accan wrth the lemis of Ihe chanb.es and Trustee Investment Iscouandl 2005 Act and the charib.es Accounts Iscouandl Regulats'ons 2006 las amended) The chanty Iruslees consider that Ihe audrt reqtjiremenl of Regulabon 10(1) Idl of the Accounts Regulations does not apply 11 is my re5pon5ibilty lo examine the account5 as required under sech.on 44111 Icl ol the Act ar)d lo slate whethei parb"cular matters have come lo my attenb"on_ Basis of independent My examinalion is catried out in accordance with Regulation 11 of Ihe 2006 Accounts examiner's Statennt Regulations An exarnination indude5 a review of1he accounting [ecdS kept by the chartty and a companson of the accounts presenled wth Inose records It also indudes consideration of any unusual rtems or disdosures in Ihe accounts and seeks ex¢Aanats'ons trom the twslees conceming any such matters. The procedures undertaken do not prowde all the eiidence Ihal would be required in an audrt and, consequenlty, I do not express an avdrt opinion on the view gNen by Ihe accounts. Independent examiner's In the course of my examination, no matter has ccrfne lo ffly attentn lothev than that statement disclosed on the attached pagel ich gives me reasonab cause lo believe Ihat in any nmteiial respecl Ihe iequiremenls.. to keep accounling records in accordance wrth section 4411) lal of the 2005 Act and Regulatson 4 of the 20(6 Accovnts Regulation5. and to prepare accounts thich accotd bwth the accoun"ng records and compty with Regulatson 9 of the 2006 Accounts RegulatsC$ have not been mel, or 2. to i'ihich: in my opinion, attenlion should be drawn in order lo enable a proper underslandin of the accounts lo be reached. Sfigned".: Date: 0510612025 Name.. Relevant professional qualtficationlsl or b<MIy lrfanyl.. Address..