**Rising Stars (Charity)**
# **SC051264**
**Annual Report and Financial Statements For the Year Ended 30 September 2025**
## **Trustees’ Annual Report**
## **For the Year Ended 30 September 2025**
The Trustees are happy to present their report together with the financial statements for the year ended 30 September 2025.
## **Reference and Administraton Details**
## **Charity Name**
Rising Stars
## **Registered Charity Number**
SC051264
## **Principal Address**
51 Garscadden Road, Glasgow, G15 6UH
## **Trustees**
Dr. Shereif Kholeif Chair Giorgios Kominis Secretary Jordan Young Treasurer Liam Downing Trustee Kirstin Clark Trustee appointed 10/06/2025 Calvin Maclean Trustee appointed 03/06/2025 Ming Shan Liu Trustee appointed 02/06/2025 Kamil Cybulski Trustee resigned 09/05/2025
## **Structure, Governance and Management**
## **Constitution**
The Charity is a Scottish Charitable Incorporated Organisation (SCIO). Its 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 passed 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.
## **Activities and Performance**
2024-25 was a year of reflection and learning ahead of the next step in the organisation’s development. We continue operating in our three key areas (Knightswood, Springburn and Royston), while discussions with Govan Secondary and Hillhead Secondary were held at different times of the year for the expansion of the Rising Stars Programme. We continued to invest in key partnerships, bringing on board the only professional basketball club in the city of Glasgow, the Caledonia Gladiators. Discussions with two separate organisations (MCR Pathways and Visionary Mentoring) are under way for potential partnerships that would allow us to expand our Aspire Programme to one-to-one mentoring for all our future game changers.
Three new cluster leads and a new head of coach development were promoted through our organisational hierarchy, while reviews of our fundraising programme and our social media management team are under way to allow us to improve the effectiveness of these functional areas. Furthermore, the potential monetisation of the Rising Stars Programme was considered and debated in our annual strategy day, with the possibility of asking our partner schools to cover some operational costs to enable the programme to improve the quality and ensure sustainability. Finally, a team of specialists with expertise in control systems have taken on the task of designing and implementing an impact measurement system (IMS) for decision-making support, operational improvement, trustee assurance and external reporting (to be completed before the end of 2026).
Looking at measurable performance, thirteen (13) new junior coaches were trained and joined the Programme, delivering a total sixty-five (65) practice sessions to our partner schools in our three clusters. On the mentoring side, seven (7) high school pupils were selected to receive year-round tutoring, as part of our partnership with the Voluntary Tutor Organisation. Finally, three new trustees with distinct expertise were welcomed to the Board, while two others left the organisation for personal reasons.
## **Financial Review**
The Charity’s primary source of funding in the current year arose from restricted grants, with the largest being from the Young Health Impact Fellowship, on behalf of the One Young World Programme, of which is sponsored by AstraZeneca. This underlying purpose of this grant is to support and educate a community project to improve youth health. The Charity’s proposal outlines a project to support those from lower socioeconomic backgrounds in developing their physical activity and health awareness around nutrition. The planned approach for this project is to deliver workshops at our partnership schools.
Furthermore, we received a further restricted grant from Glasgow Life, of which is primarily for supporting the Charity’s on-going coaching sessions with partnership schools through the purchase of equipment and other charitable needs.
The Charity’s costs for the year were primarily driven by our delivery of the much anticipated halfyear tournament at Easterhouse, of which saw a variety of partnership schools engage in a large basketball tournament.
Approved by the trustees on 17/06/26 and signed on their behalf by: **Dr. Shereif Kholeif, Chair Jordan Young, Treasurer**
## **Statement of Receipts and Payments For the Year Ended 30 September 2025**
|**Receipts**
Grants
Fundraising
Other income
Total Receipts
**Payments**
Cost of Charitable Activities
Cost of Fundraising
Total Payments
**Surplus/(Deficit) for the**
**year**|Note|Unrestricted
Funds
Restricted
Funds
**Year ended**
**30/09/2025**
Year ended
30/09/2024|
|---|---|---|
||4
5
6|-
8621
**8621**
5100
1019
-
**1019**
471
-
-
**-**
-|
|||1019
8621
**9640**
5571|
|||1914
-
**1914**
855
-
-
**-**
739|
|||1914
-
**1914**
1594|
||||
|||-895
8621
**7726**
3977|
## **Statement of Balances as at 30 September 2025**
|Unrestricted
Funds
Restricted
Funds|**Year ended**
**30/09/2025**
Year ended
30/09/2024|
|---|---|
|5816
-
-895
8621|**5816**
1839
**7726**
3977|
|4921
8621|**13,542**
5816|
|||
|4921
8621|**13,542**
5816|
||-
-|
||-
-|
||-
-|
## **Notes to the Accounts**
## **For the Year Ended 30 September 2025**
## **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 restricted grants of £8,621, comprising of £1,200 from Glasgow Life towards various on-going charitable expenditure, such as marketing and equipment for coaching sessions. £7,421 was received from AstraZeneca to support youth health activities and workshops. No expenditure was incurred against these funds in the year.
The charity has agreed to introduce a reserve policy, whereby £1,000 is reserved for emergency purposes.
## **3. Related Party Transactions**
The Charity’s insurance policy includes professional liability insurance for all its Trustees. No other remuneration was paid to the Trustees or any connected persons during the year (2024: Nil). During the year, Trustee expenses of £746 were reimbursed to two trustees for costs incurred on behalf of the charity.
## **4. Grants**
|**4. Grants**||
|---|---|
||Unrestricted Funds
Restricted
Funds
**Year ended**
**30/09/2025**
Year ended
30/09/2024|
|||
|Glasgow Life|-
1200
**1200**
-|
|AstraZeneca|-
7421
**7421**
-|
|Natonal Lotery Awards for All|
-
-
-
700|
|The Robertsons Trust|-
-
-
2500|
|Glasgow City Council|-
-
-
1200|
|basketballscotland|-
-
-
700|
||-
8621
**8621**
5100|
## **5. Cost of Charitable Activities**
||Unrestricted Funds
Restricted
Funds
**Year ended**
**30/09/2025**
Year ended
30/09/2024|
|---|---|
|||
|Marketng and Website|-
-
-
239|
|Event Costs|1097
-
1097
31|
|Volunteer expenses|727
-
727
278|
|Insurance|-
-
-
306|
|Other charitable costs|90
-
90
-|
||1914
-
1914
855|
## **6. Cost of Fundraising**
|**6. Cost of Fundraising**||
|---|---|
||Unrestricted Funds
Restricted
Funds
**Year ended**
**30/09/2025**
Year ended
30/09/2024|
|||
|Facility hire|-
-
-
700|
|Equipmentpurchase for event|-
-
-
39|
||-
-
-
739|
APPENDIX 3
OSCR
kottth thrty Regulatc
Independent examiner's report on the accounts
Report lo th? Chanty n
trusteeslmembers of RISI StaTS Ichartty)
R•gist•r•d charity SC051264
numbèr
On th• accounts ofthe
eharlty tor thè pèrfod
Peri(Ml start date
Month
ob
Period erKJ date
Month
plember
Da
Year
Year
024
025
Set out on pages
r•rnb•ftO cIL• pi
mb•rA of ih*•lsl
Respective The chartty's trnslees are responsible for the preparab.on of the accounis in acmrdance
responsibilitses of wrth the terms of the Chanb'es and Trustee Investment (Scollandl 2005 Act and the
trustees and examiner
Charities Accounts (Scotlandl Regulations 2006 las amended) The charity trustees
consider that the audrt requirement of Regulation 10111 Idl of the Accounts Regulatsons
does not apply It is my responsibility to examine Ihe accounts as required under section
44111 Icl of the Act arhd lo stale whelherp.articular matters have come lo my attention.
Basis of independerrt My examination is carried out in accoidance with Regulation 11 of the 20( Accounts
examinorfs sLitem•nt Regulabons. An examination InclLJdes a review of the accounting records kept by the
charity and a comparison oflhe accounts presented wrth those records 11 also includes
consideration of any unusLJal Items or disclosures in the accounts and seeks
explanabons from the Iruslees conceming any such matteTS. The proedureS undertaken
do not prowde all the evidence that would be reqljld In an audit and, consequendy, I do
not express an audrt opinion on the wew gwen by the accounts
Ind•p•nd•nt examiner'5 In the course of my examination, no matter has come lo nry attention lolher than that
statement disdosed on the attached pagel
which gNes me reasonable cause lo believe Ihat in any material respect the
requirements".
lo keep accounting records in accDrdance with sectson 44111 lal of the 2005 Ad and
Regulthon 4 of the 20C6 Accounts Regulations: arKJ
lo prepare accounts which accord wth the accounb.ng records and compty v
Regulation 9 of the 20C6 Accounts Regulations
have not met, or
2. to which: in my opinion, altenb'on should te drawn in order to enable a prortr
understanding of the accounts tD be reached.
Dat•:
171(W2026
Name:
R•l•vant prof•ssional
quallfieatlonlsl or body
{if anyl-
Address: 5 Green Lane
Cardrona
EH45 9LJ
"Fase d&letelh8 WdS in Ihe braL*et5 th) not apY Wthe worts do apF4y. 581 txrtth05e fflatte l*ve come to yr alt8ntion on the
page
- OSCRwll accept d¥ltal (K tyrod $*na[
APPENDIX 3
Disclosure section
Only complete if the examiner needs to highlight material problems.
Giv• h•re brief details of
any Itèms that the
•xamin•r V•rysh•s to
diselose