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2024-06-30-accounts

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Company Registration No. CS006301 Charity Registrations No. SC052511 (Scotland)

Caddie School For Soldiers SCIO

Financial Statements for the period ended 30th June 2024

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Caddie School for Soldiers SCIO

Charity Information

The Board of Trustees

Company Number CS006301 Charity Number SC052511 Registered Office Bankers The Royal Bank of Scotland 113-115 South Street St Andrews Fife Scotland KY16 9QB

Independent Examiner AAB Business & Tax Advisory LLP Macfarlane Gray House Castlecraig Business Park Stirling FK7 7WT

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Caddie School for Soldiers SCIO

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 JUNE 2024

The Trustees who are also members of the organisation, present their report with the financial statements of the charity for the period ended 30 June 2024.

OBJECTIVES AND ACTIVITIES

The organisation’s purposes are to assist former serving members of the armed forces or other professions who are in charitable need as a result of injury or other harmful experience suffered during their service by teaching these individuals how to caddie. The organisations objects are:-

Caddie School for Soldiers has been running since 2019 since it was formed by Up to the point that Caddie School for Soldiers SCIO was established it was run remotely by a charity based in the USA but this entity was established to be the main entity in Scotland where the vast majority of activity takes place. The Boards of the two organisations work closely together.

ACCOUNTS

The results for the period are shown in the receipts and payments account and the financial statements. Apart from use of income in accordance with the constitution, there are no restricted funds.

RISK MANAGEMENT

The committee has examined the risks which the charity faces and has established systems to enable regular consideration so that the necessary steps may be taken to lessen these risks.

TRUSTEES

The trustees are appointed at Annual General Meetings. The board may at any time appoint any person to be a charity trustee by way of a resolution passed by majority vote at a board meeting. Each of the charity trustees shall hold office as a charity trustee for a period of tne years from the date of appointment but shall then, following the end of th ten-year term, they shall not be eligible to hold office as a charity trustee. No payments were made to Trustees. The recruitment and appointment of trustees is undertaken as required to ensure the charity has the skills and experience to meet its objectives.

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

RESERVES

The cash reserves for the year are £14,957. The trustees consider that cash reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.

REVIEW OF THE PERIOD TO JUNE 2024

This was our first full period of operation following our incorporation on 24th March 2023 and a great deal has been achieved. Four programmes took place in May, September 2023 and March, May 2024 putting a total of twenty three individuals through our programme.

Dukeside House in St Andrews was officially opened on 26th September 2023 and the first group of caddies stayed there for the October 2023 session.

Treasurer

Date: 28 March 2025

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Caddie School for Soldiers SCIO INDEPENDENT EXAMINER'S REPORT

I report on the accounts of the charity for the period ended 30 June 2024 set out on pages 5 to 8.

Respective responsibilities of the committee and examiner

The charity’s committee is responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (“the 2005 Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity committee considers that the audit requirements 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 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 includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the committee concerning 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 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 , and

· 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.

AAB Business & Tax Advisory LLP Macfarlane Gray House Castlecraig Business Park Stirling FK7 7WT

Date: 28 March 2025

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Caddie School for Soldiers SCIO

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE PERIOD ENDED 30 JUNE 2024

Receipts
Donations
Legacies
Grants
Receipts from fundraising activities
Gross trading receipts
Income from investments other than land and buildings (bank Interest)
Rents from land & buildings
Gross receipts from other charitable activities
Other (return of excess 'float' funds)
Sub Total
Payments
Expenses for fundraising activities
Gross trading payments
Investment management costs
Payments relating directly to charitable activities
Grants and donations
Governance costs:
Audit / independent examination
Preparation of annual accounts
Legal costs
Other
Sub Total
Transfers to / (from) funds
Surplus / (deficit) for year		 Unrestricted
General Fund
Total 2024
£
£
99,703
99,703
-
-
-
-
-
-
-
-
202
202
-
-
-
-
-
-
99,905
99,905
4,557
4,557
-
-
-
-
80,391
80,391
-
-
-
-
-
-
-
-
-
-
-
-
84,948
84,948
-
-
14,957
14,957

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Caddie School for Soldiers SCIO

STATEMENT OF BALANCES AS AT 30 JUNE 2024

CASH FUNDS

CASH FUNDS
Cash and bank balances at start of year
Surplus/(Deficit) shown on receipts and payments account
Cash and bank balances at end of year		 2024
£
-
14,957
14,957

Approved and signed on behalf of the Committee

Treasurer

Date: 28 March 2025

Docusign Envelope ID: 209A1FE3-A0E4-4BB9-A65F-E54ED7D8793E

Caddie School for Soldiers SCIO

NOTES TO THE ACCOUNTS AS AT 30 JUNE 2024

1. Basis of accounting

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & 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.

3. Trustees remuneration and expenses

None of the trustees (or any persons connected with them) received any remuneration or benefits or expenses during the year.

4. Going concern

At the time of approving the financial statements, the trustees have reviewed the future funding activities of the charity. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

4. Donations

£

Donations
5. Payments relating directly to charitable activities
Subcontractor costs
Computing costs
Stationery
Miscellaneous
Meals
Accommodation
Advertising and promotion
Insurance
Travel costs		 99,703
99,703
£
69,034
250
532
102
4,814
839
1,155
1,017
2,648
80,391

APPENDIX 1

OSCr
Office of the ScottishCharity Regulator		 Trustees’ Annual Report for the period
Period start date
Period end date
Day
Month
Year
Day
Month
Year
From
25
04
2023
To
30
06
2024

Reference and administration details

Charity name CADDIE SCHOOL FOR SOLDIERS SCIO Other names charity is known by Registered charity number SC052511 Charity’s principal address

Names of the charity trustees on date of approval of Trustees’ Annual Report

Name of person Dates acted if Trustee name Office (if any) (or body) entitled to not for whole year appoint trustee (if any) 15 16 17 18 19 20

1

APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

----- Start of picture text -----
Name Dates acted if not for whole year
Structure, governance and management
Type of governing document Scottish Charitable Incorporated Organisation (SCIO) Constitution
Trustee recruitment and appointment This is our first full year of operation. We started with our Initial Charity
Trustees – hen the
SCIO was established on 25/04/2023.
A 4 [th] Truste was appointed on 29/09/2023 bringing a
considerable amount of expertise in fundraising and the wider charities
sector to the group. was already known to the Trustees.
----- End of picture text -----

Objectives and activities

Charitable purposes

The organisation’s purposes are to assist former serving members of the armed forces or other professions who are in charitable need as a result of injury or other harmful experience suffered during their service by teaching these individuals how to caddie.

The organisations objects are:-

The individuals are often from different countries, usually 2 x UK, 2x USA and 2x Canada and have experienced physical and/or mental trauma whilst in the armed forces. The Caddie School firstly provides these individuals with a skill that they can use to get employment when they return home but the location, camaraderie and shared purpose helps greatly with their mental health and confidence.

APPENDIX 1

Achievements and performance

2

Summary of the main achievements of the charity during the financial period

4 Groups of 6 caddies were put through the programme in May and September 2023 and March and May 2024.

In addition a great deal of progress was made to establish firm foundations for the operation of the SCIO:

Financial review

Brief statement of the charity’s policy The Charity does not currently have a policy on reserves. The priority is to on reserves ensure that we have sufficient funds to carry out the next cohort of caddies. We are fortunate to have support from 2 main benefactors, Kohler Company and Peak Scientific who have committed to support us over the short term while a fundraising pipeline is developed further. Details of any deficit None Donated facilities and services (if any) Kohler Company own 2 properties in St Andrews Dukeside House and Woodside House which the caddies and mentors have the exclusive use of for when the caddie school is in operation. This is provided free of charge

APPENDIX 1

Other optional information

3

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (e.g. Chair) TREASURER, INTERIM CHAIR

Date 28/03/2025

4