City of Wakefield Golf Club
Charity number 1151091
Annual Report and Financial Statements
for the year ended 31 March 2024
City of Wakefield Golf Club
Annual Report and Financial Statements for the year ended 31 March 2024
| 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 2024
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
Dave Emmott Philip Brown Joan Charnley-Brown Michael Charles Michael Davis Fiona Smart Richard Garner Mark Whittell Mike Fuller
Resigned August 2023 Resigned August 2023 Resigned June 2023
Resigned July 2023 Appointed October 2023
Non-voting observers
Malcolm Pitchforth President Lyn Brocklesby Treasurer Wendy Leeming Secretary 1151091
Charity number
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 2024
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
Throughout the year the club has held social events which bring not only the golfers but their families together.
These events included:
Golfer/ non-golfer Karaoke nights Presentation evenings Kids Christmas party
Open and invitation days have been well attended bringing in many new and some younger players.
We have members who no longer play golf, due to health issues that visit on a regular basis with their partners to socialise and lift their spirits. The club also organise various trips away.
We believe we contribute to both mental and physical well-being of our members both in the club house and on various social sites.
Financial review
The net income for the year was £5,317.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £12,005.
The trustees have not adopted a reserves policy.
Approved by the board of trustees on 19/09/2024
Mike Fuller (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 2024, 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:
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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
29/11/2024
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 2024
| 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 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 Clothing Other expenditure Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward |
2024 Total funds £ 23,405 29,756 1,200 166 28,209 729 3,600 21 87,086 6,000 560 22,828 24,921 12,000 4,760 2,596 650 466 364 1,803 - 69 1,656 840 1,074 706 - 379 97 81,769 5,317 8,803 14,120 |
2023 Total funds £ 21,403 28,781 - 919 26,910 188 3,600 26 81,827 6,000 540 22,660 23,628 12,000 4,316 1,676 554 400 505 411 250 212 1,363 840 976 501 29,095 86 - 106,013 (24,186) 32,989 8,803 |
|---|---|---|
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 2024 Fixed assets Tangible assets (3) Total fixed assets Current assets Stock 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 |
2024 Total £ 2,115 2,115 - 2,800 65,117 67,917 55,912 55,912 12,005 14,120 14,120 - 14,120 |
2023 Total £ 1,121 1,121 2,200 48,469 50,669 42,987 42,987 7,682 8,803 8,803 - 8,803 |
|---|---|---|
The financial statements were approved by the board of trustees on 19/09/2024
Mike Fuller (Trustee)
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City of Wakefield Golf Club
Notes to the accounts
for the year ended 31 March 2024
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 2024
| 3 Staff costs and numbers Gross salaries Social security costs Pensions |
2024 £ 6,000 - - 6,000 |
2023 £ 6,000 - - 6,000 |
|---|---|---|
The average number of employees during the year was 2, being an average of 0.2 full time equivalent (2023: 2, 0.2 FTE). There were no employees with emoluments above £60,000.
| 3 4 5 **6 ** |
Tangible assets Cost £ £ At 1 April 2023 992 6,265 Additions - 1,700 At 31 March 2024 992 7,965 Depreciation At 1 April 2023 992 5,144 Charge for year - 706 At 31 March 2024 992 5,850 Net book value At 31 March 2024 - 2,115 At 31 March 2023 - 1,121 Debtors and prepayments Debtors Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Creditors Amounts received on account for contracts / performance related grants Accruals Other creditors Plant and machinery Computers |
£ 440 - 440 440 - 440 - - 2024 £ 2,800 2,800 2024 £ 63,730 1,387 65,117 2024 £ 299 9,230 36,734 9,649 55,912 Fixtures and fittings |
Total £ 7,697 1,700 9,397 6,576 706 7,282 2,115 1,121 2023 £ 2,200 2,200 2023 £ 45,440 3,029 48,469 2023 £ 291 6,130 24,734 11,832 42,987 |
|---|---|---|---|
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City of Wakefield Golf Club
Notes to the accounts continued
for the year ended 31 March 2024
7 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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