City of Wakefield Golf Club
Charity number 1151091
Annual Report and Financial Statements
for the year ended 31 March 2023
City of Wakefield Golf Club
Annual Report and Financial Statements for the year ended 31 March 2023
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 to 9 |
Prepared by West Yorkshire Community Accountancy Service CIO
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City of Wakefield Golf Club
Trustees' report for the year ended 31 March 2023
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Malcolm Pitchforth Dave Emmott Philip Brown Joan Charnley-Brown Jason Fawcett Wendy Leeming Michael Charles Michael Davis Fiona Smart Richard Garner Mark Whittell Roger Byrne
Resigned April 2022
Resigned August 2022 Resigned October 2022
Appointed October 2022 Appointed October 2022 Appointed October 2022 Appointed October 2022 Resigned April 2023
Charity number
1151091
Registered in England and Wales
Registered and principal address Bankers
The Gaskell Sports Pavilion Barclays Bank plc Horbury Road Teal Way Wakefield Wakefield WF2 8LG WF1 1QS
Independent examiner
Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) formed on 5 March 2013 and is governed by an association constitution.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
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City of Wakefield Golf Club
Trustees' report (continued) for the year ended 31 March 2023
Objectives and activities
The charity's objects
The objects of the CIO are to promote the health and fitness of the public (without distinction of race, gender, age, disability, sexual orientation or religious or similar belief) by promoting community participation in healthy recreation through provision of facilities for playing golf at the Gaskell Sports Pavilion or such other venue as the trustees may determine.
The charity's main activities
To promote golf for all and support the members, and to keep the club financially viable.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.
Achievements and performance
We have achieved the above activities and continue to liaise with the Council in an attempt to provide a course that people will want to visit.
Financial review
The net expenditure for the year was £24,186.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £7,682.
The trustees have not adopted a reserves policy.
Approved by the board of trustees on 15/09/2023
Fiona Smart (Trustee)
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City of Wakefield Golf Club
Independent examiner's report to the trustees of City of Wakefield Golf
Club
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2023, which are set out on pages 5 to 9.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simon Bostrom FCIE
21/09/2023
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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City of Wakefield Golf Club
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2023
| Notes Income from: Members' subscriptions Competition fees Donations Events and lotteries Vending and games machine Commission on members' orders Contribution from bar steward Bank interest Total income Expenditure on: Salaries and NIC (2) Honoraria, green fees etc Trophies and prizes Meals and entertainment Vending and games machine costs Rent, rates and utilities Licences and subscriptions Insurance Telephone and internet Printing, postage and stationery Computer software and maintenance Repairs and renewals Cleaning Sundry items Events expenses Independent examination Bank charges Depreciation Cost of combination of trading subsidiary Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward |
2023 Total funds £ 21,403 28,781 - 919 26,910 188 3,600 26 81,827 6,000 540 22,660 407 23,628 12,000 4,316 1,676 554 400 505 411 250 398 856 840 976 501 29,095 106,013 (24,186) 32,989 8,803 |
2022 Total funds £ 18,506 21,740 35 1,411 - - - - 41,692 - 1,200 16,044 21 - 11,147 4,347 1,130 349 266 78 304 180 203 527 250 434 - - 36,480 5,212 27,777 32,989 |
|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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City of Wakefield Golf Club
Balance sheet
| as at 31 March 2023 Fixed assets Tangible assets (3) Total fixed assets Current assets Debtors and prepayments (4) Cash at bank and in hand (5) Total current assets Current liabilities: amounts falling due within one year Creditors and accruals (6) Total current liabilities Net current assets / (liabilities) Net assets Funds Unrestricted funds Restricted funds Total funds |
2023 Total £ 1,121 1,121 1,900 48,469 50,369 42,687 42,687 7,682 8,803 8,803 - 8,803 |
2022 Total £ - - 39,842 16,984 56,826 23,837 23,837 32,989 32,989 32,989 - 32,989 |
|---|---|---|
The financial statements were approved by the board of trustees on 15/09/2023
Fiona Smart (Trustee)
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City of Wakefield Golf Club
Notes to the accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Leases
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
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City of Wakefield Golf Club
Notes to the accounts continued
for the year ended 31 March 2023
| 2 Staff costs and numbers Gross salaries Pensions |
2023 £ 6,000 - 6,000 |
2022 £ - - - |
|---|---|---|
The average number of employees during the year was 2, being an average of 0.2 full time equivalent (2022: 0, 0 FTE). There were no employees with emoluments above £60,000.
| 3 4 5 **6 ** |
Tangible assets Cost Transferred on combination Additions At 31 March 2023 Depreciation Transferred on combination Charge for year At 31 March 2023 Net book value At 31 March 2023 At combination Debtors and prepayments Amounts owed by subsidiary company Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Creditors Amounts owed to subsidiary company Subs received in advance Accruals Other creditors Bar card balances |
£ 992 - 992 992 - 992 - - Computers |
£ 6,265 - 6,265 4,689 455 5,144 1,121 1,576 Plant and machinery |
£ 440 - 440 394 46 440 - 46 2023 £ - 1,900 2023 £ 45,440 3,029 48,469 2023 £ 291 - 6,130 24,434 364 11,468 42,687 Fixtures and fittings |
Total £ 7,697 - 7,697 6,075 501 6,576 1,121 1,622 2022 £ 39,842 39,842 2022 £ 15,550 1,434 16,984 2022 £ - 14,427 8,570 840 - - 23,837 |
|---|---|---|---|---|---|
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City of Wakefield Golf Club
Notes to the accounts continued
for the year ended 31 March 2023
7 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
During the year one trustee was paid an honorarium: Roger Byrne £540 (2022: £540). The charity's constitution provides the authority for these payments.
Wendy Leeming was originally employed by the trading subsidiary and was on the board of trustees for the charity at the time of the combination. She stood down from the trustee board in October 2022. During the time that she was both employed and on the board, she received pay of £1,750.
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