Registered non-profit association · F14304

Transparency & governance

The club is a non-profit public-benefit association. This page sets out our charter, financial controls, governance rules and safeguarding commitments.

Public benefit charter

The club exists exclusively for public benefit purposes: the promotion of amateur sport, the education of young people, and the improvement of traffic safety. It has no owners or shareholders. No part of its income may be distributed to members, officers or third parties as profit. On dissolution, remaining assets must be transferred to another non-profit organisation with comparable purposes.

Registered non-profit association
Auto moto karting klub "Modriča" Modriča
OD / Registration Number
F14304
Address
Vrbanja 1, Sarajevo 71000, Bosnia & Herzegovina
Country
Bosnia & Herzegovina
Phone
+387 62 992 492
Email
info@modricakarting.sbs

Financial accountability

  • Single club bank account; no cash payments outside official receipts.
  • Annual budget adopted by the members' assembly before the season starts.
  • Annual financial statement audited by the supervisory committee and approved by the assembly.
  • Donations and sponsorships recorded with purpose and reported to the assembly.
  • Two-signature rule for payments above the limit set in the statute.
  • Volunteer work is unpaid; officers receive no salary or bonus.

Where the money goes

  1. 01

    Safety equipment, karts, spare parts and maintenance

  2. 02

    Track rental, event organisation and insurance

  3. 03

    School programme materials and reflective gear

  4. 04

    Administration, licences and accounting

Governance transparency

Decisions are taken by elected bodies with defined mandates and recorded minutes. Conflicts of interest must be declared before any decision and are entered in the minutes. Members may request the statute, minutes, annual plan and financial report at any time from the club office.

Child protection & public service commitment

All coaches and volunteers who work with minors are briefed on child-protection rules. Minors train only with written parental consent, always in the presence of at least two adults, with protective equipment and a first-aid kit on site. Any concern is escalated immediately to the board and, where required, to the competent authorities.

Documents available on request

  • Statute of the association
  • Annual activity report
  • Annual financial report
  • Assembly and board minutes

Requests are answered by the club office within 30 days at info@modricakarting.sbs. info@modricakarting.sbs