REGISTERED COMPANY NUMBER: 03371488 {England and Wales) REGISTERED CHARrrY NUMBER.. 1064829 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 FOR ENGLAND AND WALES BLIND GOLF
ENGLAND AND WALES BLIND GOLF CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Page Report of tho Trust4 Indopondoni Examln•Vs Roport ststement of Flnanclal ActlvStl•• 8alanc• Shèet Not to th¢ Flnanclal St8toments 8 to 12
ENGLAND AND WALES BLIND GOLF REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 The trus18es who are al$0 dSrectors of the charity for the purposes of the Companles Act 2006, present their report with the financial slaternenls of the charity for the year ended 31 October 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Stslemenl of Recommended Practica applicable to charilias preparing their accounts in accordancè with the Financial Reporting Slandard applicablè in the UK and Ropublic of Ireland IFRS 1021 leffective 1 January 20191. OBJECTIVES AND ACTIVITIES Oblectlvos and Alms The charitable company is established for the relief of the blind by the provisKJn of training in golf facilities $0 as to improv8 the condliions of life of such persons. To achieve this object, the Gharitable company would normally cwrdinale a number of golflng tournaments and training opportunities for tha blind. Ml player members c8n receive financial help towards their lessons from thelr local golf prof68sion81. New and Inexpedenced player rn8mbers can receive addllional finanGI81 support for further lessons. During the golf season 7 major events which bring members together were held. On oa¢h occasion about one Ihlrd of our plawng membership took port. Publlc Beneflt The Truste& Directors ¢onflrm that they have rofgrrèd to the guidance ¢ontainfjd in the Charfty Commisslon, gener81 guid8n¢8 on pul1¢ benefit whèn revigwing the charitable eompanl$ airns and oblectlves and In planning fulurg a¢livi1108. The Trusloe Directors refgr lo public bgnefil throughout Ihls roport. FINANCIAL REVIEW Rèvl•w for the Year Tha fln8ncl81 positlon of tho ch¥rity ¢ontlnues to be satlsfactory. However, the current e¢onomSc ¢llm8to and the predictions lor the fulure gconomic cllm819 mean that we are not confldenl that we can continually rnalnlaln prevlous year81ovgls of fundralslng. We rg¢elved fvndlng from The Prfmary club for the Malchplay and g8nerou$ grants from varlous organisalions and indidual6 for meeting the oblecilv88 of thè charity, We arg looking for other avenu88 of InGome. We h8V8 conllnued lo us8 the $8rvlces of a fundra188r and we ar• regSster8d wllh Chsrlty Ald Foundatlon and Paypal Giving to enable peoplo to donal¢ wSlh the benefit of Gift Aid. AJI these funds have gone toward$ meating tha obloelivos of thg charity. Flnanclal policies havè been reviewed and the 8oard regularly rèvlaws Ihg finanGial po51tion and alms lo run events in the most economlc way. In order lo promote the organlsatfon, ra8 our profllè amongst th6 goffing worfd and recrult addltional members we have engaged tho servicgs ol a PR Consultsnl. Reser4es Pollcy Thè Board of Trusteg Directors have established a policy whereby the unr8Stricted funds not Committed or nvesled in tsnglble fixed assets I'lho free reserves'l held by the charitable company should equatè to aighteon months of the unrestrfctod r9sourcfr$ expended. Thls provldes $ufflclenl funds to ¢over fundraising, managemonl and administration costs in the event of 8 significant decrease in funding. 11 would obviously be nocessary lo con$id6r how the funding would be replaced or a¢livities changed. This policy is subject to gular review by tho 808rd of Trustee Directors. STRUCTURE, GOVERNANCE ANO MANAGEMENT Governlng Documont The charitable company was incorporated on 10th May 1997 and is limited by guaranleg and registered as ch8rty. It18 Govemed by Its Memorandum and Articles of As8ooation (revised April 20111- Page 1
ENGLAND AND WALES BLIND GOLF REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Tru$t¢e Dlrè¢tors In a¢cordan¢e with the Memorandum and Articles of Association the affalrs of the charitsble company are gov8rn8d by a Board of Trustee Directors consisting ol Chairman, Financial Director. Company S8cr8tsry. Captain and up lo five other members, iwo of which musl be Player Members and a maximum of two can be a Non Player M8mb8r. The Caplaln shall b8 818cted for years and consecutive temis are not all¢)w8d. Other members of the Board are elected for three years. one third è18Ct9d èach yaar. REFERENCE AND ADMINISTRATIVE DETAILS Roglstered Company numbgr 03371488 (England and Wales) R•glst&r•d Charlty number 1064829 R•glBt•r•d offlc• Station House North Street Havant Hampshlre P09 1QU Trusleos R J Tomlinson J P E8kin B Rilchlo O V Daniels P M Osbom A Gllford J Heathfigld J W Baslable GAMorris PWESmilh S J Cunnlngham K Weir Rèslgned 1210712023 Re81gned 1810112023 Reslgne(11610112023 Resigned 2310412023 Appointed 2310412023 Appointed 2310412023 Appointed 2310412023 Company S•¢rntsry A Gillord D V Danlels Resigned 0210812023 Appolnled 0210812023 Ind9pend•nt Examln•r S Mackie. FCA Morris Crocker Chartered Accountants Station House Havanl Hampshire P09 1QU Approved by or of the board of trustees on ..!.i.....A&(.I. .1{4. 8nd slgned on its behalf by. om Inson - rust8e Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENGLAND AND WALES BLIND GOLF Independent gxaminerfs report to the trustees of England and Wale5 Blind Golf I'the Company'l I report to the charty trustèes on my examination of the accounts of the Company for the year ended 31 October 2023. Raspon$lbllltle$ and bas1$ of report As the charity's Iruslees of the Gompany land also its directors for the puoSe8 of company law} you are responslble for the preparation of the a¢¢ounls in arKordanGe with the requiraments of the Companigs Act 200fj1.lhe 2006 Acl'l. Having satisfied myself that the accounts of the CompAny ar8 not r•qulred lo be 8udtt8cl under Part 16 of the 2006 Acl and ar8 eligible for independent ex8mination, l port in respect of my examination of your charitys accoun15 88 carried out under Section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In carrying out my examinatlon I hav¢ followed the Directions given by the Charity Commission under Seelion 145151 Ibl of the 2011 Act. Ind•p•nd•nt •xamln•r's #tst•m•nt I have ¢omplel8d my examination. I confirm that no matters have come to my attenllon In connection wllh the exarninalion giving me cause lo believe.. accountin9 records were not kept In respect of the Company as required by S¢¢lion 386 of the 2008 Act., or tha a¢¢ounls do not accord with ihose records.. or tho acoounts do not comply with the 8c¢ounling requlroments of Secllon 396 of the 2006 Act other than any r9quirgmenl that the accounts givo 8 Irug and fair vi9w which is not a matt8r considered as part ol an ind8pondènl examination., or th8 accounts have not been prepared in accordance wllh thè methods and prfnciples of th• Stalemont of Recommonded Practice for accounting and r8portinG by charltie818ppllcabl8 lo chorilies preparing their accounts in aordanCe with the Fln8nclal Repon9 Slan¢Jard applicable in the UK and Ropublic of Ireland IFRS 10211. I have no concerns and have come across no other matter8 In connectlon ¥th the examlnatson to whlch attention should be drewn In this report in ord9r to grsable a proper undorstandSn9 of th9 accounts lo be reached. S Mackig, FCA Morris Crockgr Chartered Ae¢oLtnl8nt8 ststion House Havanl Hampshbre P09 1QU Dat8.. 1.9..F.oJ2r.v.o.ry.2024 Page 3
ENGLAND AND WALES BLIND GOLF STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2023 2023 Total funds 2022 Total funds unTe$tted Restricted funds fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3,174 3.174 Charltatsl• actlvltles Toumament5 59,938 59.938 13,259 Other trading activllies Invgslmenl income 43,755 2,519 43.755 2.519 48,950 241 Total 49,448 59,938 109,386 63,994 EXPENDITURE ON Raising funds 7.623 14.639 22.262 34,239 Charltabl• actlvltl•s Tournaments 3.001 89.750 92.751 60,027 Tot41 10,624 104,389 115,013 94,266 NET INCOMEIIEXPENDITUREI Tran•fern betw••n fund# 38,824 144,4511 144.4511 44,451 IS,6271 130,2721 N•t movoment In fund8 15,6271 15.6271 130,2721 RECONCILIATION OF FUNDS T¢)tsl funds brought forward 180,006 180,006 210,278 TOTAL FUND8 CARRIED FORWARD 174,379 174.379 180,008 rhe notes form p8rt of these financial statements Page 4
ENGLAND AND WALES BLIND GOLF BALANCE SHEET 31 OCTOBER 2023 2023 2022 Notes FIXED ASSETS Heritage assets 12 2,090 2,090 CURRENT ASSETS D&bloTS Cash at bank 13 351 173,852 179,776 174,203 179,776 CREDITORS Amounts falling dug within one year 14 11,9141 11,8601 NET CURRENT ASSETS 172,289 177,916 TOTAL ASSETS LESS CURRENT LIABILITIES 174,379 180,006 NET ASSETS 174.379 180,006 FUNDS Unroslricted funds 16 174,379 780,¢X)6 TOTAL FUNDS 174,379 180,006 Th8 charlt8bl8 company 58 enlltled to exemption from audll undor S•¢llon 477 of th¢ Companies Act 2006 for the year ond&d 31 Oetgbef 2023. The member8 have not requlred the company to obtaln an aud of Ils fln8nclal statements for th& yoar ended 31 October 2023 In accordance wllh Seclon 476 of the Companles ArA 2006. The Iruslee5 acknowledge their re8ponslbllllles fol lal ensuring that the charltable company kegps accounllng re¢ords that comply wllh Sectlons 386 and 387 of the CompanSes Act 2006 and Ib} pr&paring financial stslemenls whlch give 8 Iruo and f8ir view of the slate of affairs of the charitablè company a$ at the ond of 88ch financial yeai and of Its surplus or deficrt for each fin8nel81 year In accordance with the requirgmenls of Sections 394 and 395 and which olhernvlse comply with the requlr8m&nls of thè Companles Act 2006 relalng lo financlal statements, so far a$ appllcable lo th8 charitsble company. These flnanclal slalements have bg•n prepared in 8ccordanGe with the provisions applicabla lo charftable companies subject lo the small componigs regim8. Tha financial statom8nts wgre approved by the Board of TNsleè¥ and aulhor4sed for issue on on its bèhalf by. R J Tomlinson- Trustee The notes fom) part these financial ststement$ P8ge 5
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 ACCOUNTING POLICIES Basls of preparing the Ilnanclal statements The financial slalemenls of Ihe charitable company, which is a public bènefit entSty under FRS 102, have been prepared in accordance wilh the Charities SORP IFRS 1021 'Accounling and Reporting by Charilie$.' Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance with th& Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland IFRS 10211gffective 1 January 20191,, Financial Reportin9 Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and th8 Companies Act 2006. The financial slalemenls have been prepar8d under the historical cg$1 Convention. Incomo l income Is rgcognised In the Statement of Financlal Activities once the ch8rily has enlillemenl lo th• funds,11 Is probable that the incom& will be received and the amount can be measured reliably. Such nCome is only d8f8rrgd wh$n: the donor 8pecifies that the grant or donation mu$l only b8 used in future accounting pori¢xS$', or the donor has imposed condlllons which must be mal b8fore the charitable company has unconditional enliuemenl. Investmont income l¥ reGo9ni8ed on a recelvablg ba818. In¢om6 from ¢harilable aclivllSes Includes incom& re¢efv6d under Gontract or where enutlement lo grant funding 1$ $ublecl lo specific performance conditions 11 is r¢cognlsed 88 eamed las the related goods or servicfjs are provided). Gr8nl incomè included in this category provides funding lo support tournament ond training acllvilles 8nd is recogni88d where therg is enli11ornenl, probablllly of re¢eipl and the amount ¢8n bo m•asur&d vAth Sufficient reliability. Income Is defeed when.. lournam8nl and Iralnlng f88s or r8laled grants arg recelved In advance of tho toumam8nt or Iralning lo which they relate. Expondltur• Liabilit*OS 8re recognisod as expendllurg 0$ soon as there 1$ a legal or con81ructive oblSg811on commilling th8 charity lo that expendllurè, It is prob8blo that a Iransfgr of economlc b9nefi¢s w511 be required in settlemènt and the 8mount of thè obligation be m8asur8d reliably. Expenditure 18 accounted for on an accrual$ b8sis and has been classified undor headings th81 aggregate all co$1 related lo tha c8tegory. Whare cost$ cannot be dlreclly attributed to particular headings they have bgen 811ocaled lo aclivllies on a ba515 con$l$lenl wkh the use of resourc85. Tan9lblo Ilx•d as8•t# Deprèciation Is provided al the following annual rates in order lo writ8 off each asset over its esUmaled lJ8eful lifg. Computer èquipment 20V• on cost Indlvldual flxgd as$el$ Costlng £SOO or more arg capitallsèd 01 co$L H•rltago as••ts The chariV$ gold medals are r8POrted in the Balance Sheet al fair valu8. V8lualions wore oblainod In 2017 by professional valuers (Tlmegold, Woodford Green, Es5exl. Thg gold meda18 are deemed to hove indeterminate lives and th8 Trustee$ do not therefore consider it approprfale to charge deprèciation. T3xatlon The charitable company is 8 regSstered charity and accordingly is exempt from taxation on its current sources of Ineome. Page 6 continued...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - Contlnued FOR THE YEAR ENDED 31 OCTOBER 2023 ACCOUNTING POLICIES- continued Fund accounting The charitable company has a restricted income fund lo accourit for s(Éualions where a donor requires that a donation must be spent on a particular purpos8 or where funds have been raised for a 5pecrfic purpose. DONATIONS AND LEGACIES 2023 2022 Donations Membership subs¢riplions 1,178 1,996 200 3,174 OTHER TRADING ACTIVITIES 2023 2022 Fundraising 43.755 48,950 INVESTMENT INCOME 2023 2022 Deposit account interest 2,519 241 l investment income is derived from assets held in the United Kingdom. INCOME FROM CHARITABLE ACTIVITIES 2023 2022 Activity Enty fees and sponsorship Toumaments 59,938 13,259 RAISING FUNDS Ralslng donation$ and Iogacios 2023 2022 Promotional expenses 22,262 34,239 Page 7 continu8d...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 OCTOBER 2023 CHARITABLE ACTIVITIES COSTS Support costs (see note 81 Dlrect Costs Totals Toumamenls 89.750 3.001 92.751 SUPPORT COSTS Governance osls Man8gemenl Totsls Toumam8nts 1,120 1,881 3,001 Support costs, In¢luded In the above, are a¥ fDIIow5'. Manag•m•nt 2023 2022 Total acllvldes Toumaments Insurance T8leptton8 Postage and statlonery Sundries Donations Compul•r ¢0$18 245 261 933 420 117 390 500 535 376 184 1,120 2,895 Gov•rnanc• co•ts 2023 2022 Totsl aclivill•s Toumaments Legal and professional lees Indepèndant gxamlner's feg 45 1,836 35 1.764 1,881 1,799 TRUSTEES. REMUNERATION AND BENEFITS No remuner8lion was received by any trustee diyectors or person connected with thèm in the year ended 31 Oclobor 2023 or in the prevlous year. Page 8 contlnued...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 OCTOBER 2023 TRUSTEES. REMUNERATION AND BENEFITS - ¢ontlnued Trustee$, expensè$ Three Iruslee directors12022.. Three) were reimbursed a total of £33012022.. £5711 in respect of traveE. subsistence, telephone, printing, postage and stslionery costs. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donauons and legac165 1,544 Charltabl• actlvltlgs Tournarnenl$ 13,259 13.259 Other trading acliviti8s Investmont in¢ome 48.950 241 48,950 241 Total 50.735 13,259 63,994 EXPENDITURE ON Ralsing funds 10,715 23,524 34,239 Ch8rltabl• actlvltl•• Toum9menls 4,694 55,333 60,027 Total 15,409 78,857 94,266 NET INCOMEIIEXPENDITUREI Tran•fer8 bètween funds 35,326 165,5981 165.5981 6S,S98 130.2721 Net mov•ment In funds 130,2721 130,2721 RECONCILIATION OF FUNDS Total funds brought fotward 210,278 210.278 TOTAL FUNDS CARRIED FORWARD 180,006 180,006 Pagg 9 continued...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 OCTOBER 2023 11. TANGIBLE FIXED ASSETS Computer equlpment COST Al 1 November 2022 and 31 October 2023 549 DEPRECIATION Al 1 November 2022 and 31 October 2023 549 NET BOOK VALUE At 31 October 2023 At 31 October 2022 12. HERITAGE ASSETS Total MARKET VALUE At 1 November 2022 and 31 O¢lober 2023 2,090 NET 800K VALUE At 31 October 2023 2.090 Al 31 Oclobar 2022 2.090 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other debtors 351 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Ac¢ruals 1,914 1,880 15. ANALYSIS OF NET AS8ETS BETWEEN FUNDS 2023 Total funds 2022 Total funds Unrestricted Restricted fund8 fund FSxèd A$$gts Current assets Current liabilities 2,090 174,203 11,9141 2,090 174,203 (1,9141 2,090 179,776 (1,8eOI 174,379 174,379 180,006 Page 10 continuad...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 OCTOBER 2023 16. MOVEMENT IN FUNDS Nel movemanl in funds Transfers beeen funds Al 1.11.22 At 31.10.23 Unrestrlcted funds General fund 180,006 38,824 {44,451} 174.379 Restrlcted funds Toumament8 and training fund 144,4511 44,451 TOTAL FUNDS 180,006 15,6271 174,379 Nèt mov6m8nl in funds, Included In the above are as follows.. Incoming re50urce$ Resource8 oxpended Movement in fund8 Unr•Atrl¢t•d funds General fund 49,448 110,6241 38,824 R•strlet•d fund• Tournaments and training fund S9.938 1104,3891 144,4511 TOTAL FUNDS 109,386 1115,0131 15,8271 C¢mparatlv•¥ lor movem•nt In fund8 Ng1 movement in funds Transf8fS between fund8 Al 1.11.21 Al 31.10.22 Unr•strlctod funds General fund 210,278 35,326 165,5981 180,008 Rostrl¢tod fund• Toumaments and Iralnlng fund 165.5981 65,598 TOTAL FUNDS 210,278 {30,272) 180,006 Page 11 continued...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 OCTOBER 2023 16. MOVEMENT IN FUNDS- Contlnued Comparative nel movemenl in funds, included In the above are as follows.. InGoming resources Resources expended Movement in funds Unrestricted fund• General fund SO.735 115,4091 35,326 Restrlcted funds Toumamenls and tralnlng fund 13,259 178,8571 165,5981 TOTAL FUNDS 63,994 194,2661 130,2721 Toumam•nt$ and tr•lnlng fund Monles ware r6celvèd from various Sources as conlrlbutSon$ towards the cost of tho varlous loumamenls attend8d throughout the ar. Tranif•r$ botwfron fund# Th8 Iransftrr5 from unreslrlctecl to r•strlcl8d funds rel8t• to funds b¢lng transferred over lo Cover defi¢il in roslrlcled fund$. 17. ReLATED PARTY DISCLOSURES There werè no related paty Ir8nsa¢llon$ for th6 ye8r 6nded 31 Oclobgr 2023. 18. ULTIMATE CONTROLLING PARTY The charllable ¢ompany18 noi Ltnder the control of another entlty or any one Indlvldual. Page 12