MOOR ALLERTON GOLF CLUB (LEEDS) Company Registration Number 09679570 Annual Report & Unaudited Accounts Year ended 31 March 2023 •ACIUQPYH• 21112r2023 COMPANIES HOUSE 262 n Buller Chwtered Accountsnts Leeds
Moor Allgrton Gclf Club {Leeds} Contents Page Trustees report Indepen(Jent Examiners report statement of finartcial activities Induding inc1¢ an(1 expenditure accounl BalarKe sheet Statement of flows Notes on the accLsunts 10-19
Mtr)r Allerton GOW Club (Leeds) TnJsle65 Annual Report Year ended 31 March 2023 The Truslees psent their annual report. tether with the accounts of the Charity for the year ended 31 March 2023. G•n•ral Charity Name.. mrtOn Gclf Club {Leeds) Charity Number= 1165327 Company Number. 09679570 Registered Office.. Coal Road, Vthe. Leed5. LS17 9NH Bankers.. Harmlelsbanken The Charity commenced its charitable activities as of 1 April 2016 after rerEiving various a55els and liabilities gifted for no consideration from Moor Mlerton Golf Club Limrted. Ea¢h ¢ompany obtained separate legal advice leading to a Sale and purchase agreem&nt and a 25 year pepperwn lease lor the L8nd and buildings from Moor AJlertr)n G¢)If Club Limited. The Trustees have adopted the provisions of the Statement of Recommended Practice "Accounlwb9 and Reporting by Charrties. published in October 2019 in preparing the annual report and accounts of the Chanty. Trustees and Dlrectors of th¢ Charlty The Trustges are directors ol the MpanY for the purwses of company law and trustees for the pury)oses of chanty law. The Trustees who have served durirvJ the year and since the year end are as fofiows.. lan Land Carl Hegaty Is3ned 1 November 2022) Dr Kathleen Morrison Aaron Selman David Share David Feldman Mark Manning Simon Winterburn lain Smith Irestgned 30 September 20221 Michael Woodhead {appointed 14 December 20221 As required one third (2} of Ihe trustees were required to stand trtn at the AGM. Aaron Selman and Or Kathlo8n Morisson rosKJnod but stood for rwlg¢tiw.' thoy wore olocted unoppos8d. On 4 September 2023, Carl Hegaty became the Treasurer arKI General Manayr of the Golf Club but is not a Trustée or director.
Mwr Allerton Gc4f Club (Leeds) Twstees Annual Rewt Year ended 31 March 2023 Structure, Gov•rnan¢e •nd Manag•mnt Type of governing dc¢ument: Memorandum arJ Articles of Asscwtion How the charty is ¢stituted. Crynpany Lunrted by Guarantee and not having a share capital Trustees: Appointed by existing trustee5 and rbumber at least 3 and no more Ihan 12. One third of Trustees must reti al each Annual General Meeting. those longesl in offtt resign ffirst. CounGil Mefflbws". At least S and no mcxe than 12. indudiry the Chair. Tr8a5urer. Secretary. President and Vice Presidents. Trustee Inductlon and Trnlnlng New trustees are provided with a copy of Ihe Memorandum and Articbe5 ofAssociation. They meet with the Chailman for an explanalton of OFerab"onal procedures. and wtth the Finance Officer for an explanation of budgets and accounts. All trustees must be play7.ng members of Moof Allerton Golf Club and will have a go(rfJ understan(thThJ of the dub operates. A mprehenSive range ol tradi1pal tKJsiness legal skilL8 are well represented on the board. Op•rational Structure The Charity ha$ an execulive board known as the cou11. The Counal must comprise of at least S and no more than 12 council member5. The Council is responsible for $trategi¢ direction and policy and it also monitors and oversees the operational a¢ts"vilies of the Char*y. Meetings are held monthly. ObJ•cil¥es and Actlvltl•s The objects are $pe¢rfrAIty re$tn"¢ted to the following. the publK benefil: the promotion of community partiapalion in heathy recreation by the provisK)n of facilities for playing golf or other amateur sports al the Moor Allerton Golf Club or such other gdf centre as the trustèes shall determine- the provisi of facilities for realm)n or other leisure time ¢Upation fcrf the benefit of the inhabitants of Leeds and the surrnjnding area in the interests of soaal welfare and with the object ol improving the condition of the sa#1 inhabitants,. provided in eilher case thai persons of the Jewish faith cannot be excluded by reason of Iheir faith or ethnicty from any such ¢lub or facilities.. and such olher exdu5iveJy charilable pUS in keeping vmh the Jewish faith a5 the trLFStees may from time to time do1ormin8.
Moor Allerton GOK Club {Leeds) Trustees Annual ReF4)rt Year ended 31 March 2023 Purp¢$¢ and Publi¢ Bon•fft The purpose of the Charity is to operate Moor Allerton Goifciub (Leeds) for the benefit of the public. to enable the public to have access lo the 274KJle gojf course and other tscilitses. The aim is to promote gotf as an amateur sporL including to encourage young player5 by helping them to discover golf as an affordatAe swt. Charity provJ8s fa¢ilrts and coaCng 1$ made available by it. The benefits afforde(J to the public are Ihe prtynotion of heallhy reatIOn and golf. The beneffts of engaging in sport which provides fresh air and exeruse a well recogniseil. The course is tocaled on the outskirts of the csty of Leeds affording the charity a large area of benefft. It Is unusual in having 27 hdes and is one of thefitst in the UK to be designed by tho renowned Ameri¢an golf architect Robert Trent Jones. The design is 3 separale loops of nine hoks. all starting and finishing at the clubhouse, making rt idsal for pWers of all abilib"es. Moor Allerton GC was originalty established by Moor Allerton Golf Club Limited lo ensure that people of the Jewish faith were able lo play golf. having experienced exclusion from other members. golf clubs in the region. With the establishment of Ihe Charity the aim is to continue to ensure that anyone who wants to play golf can have access to excellent facilities thOut discriminati on any groun¢Js, ispeCtive of their cr&e¢J. fatth or ethnicity- The Charity 0m9 to benefrt all inhabitant$ of Leeds and the surrounding area, encouraging people to play golf and fxome members. Coaching programmes are made available to sthools and youth organrsatiMs, as well as the Club's member5. throughc¥Jt the year. Young peOe ale encouraged to see golf as a sport they can access and enjoy. The lee struclure forjuniorgolfer5 under 18 has been set $0 that ceSS lo a top qua'ty 9olf course North Leeds is affordable. The aim of the Charity is lo encourage wder access lo golf by all age groups and anyone can apply to play on Ihe course or become a playing rnber of the Club. Thwe 15 a signifi¢ant Cost lo maintsining the facilty. however the charging strudure is varied and fiexible to enab players to have as much access to the course as possible. The Charity aims to Cover its running Costs and looks to break even, so charge$ are kept as low a$ possible to encourage wide access. Indsviduals do not have to be fee-pawng members of the Club to access the facilities. They may play by paying a reasonable daily rate. 7 day$ a week. providing there is avaIlablty. The dub also considers offgring redu¢ed rntes in ¢ases of har¢J$hip with condition5 varyry according to individual circumsiances. Reduced rates are 81s0 offered to members. guests with the restrlI0n that a may only invite the same guest three times in any single financial yeaf. Ac¢8ss is avai18tJe to all Ihe fac11tS drg the opening hows of the club. Other ¢harities may use th& course for fund-raising charity days for which they aro ¢harged weferonlial rates. A number of annual events are well established and raise significanl funds for their charity- These charities are St Gemma's Hospice Leeds, RNLI and The Richard Goldtrg Foundation. The board have had regard to the Charity cunmiss's guidanc public benefii and confirm that this guidance forms the basis of planning deeiyofts al tx)th strategic and operatton levels.
Moor Allerton Golf Club (Leeds) TnJ51ees Annual Report Year ende¢J 31 March 2023 Summary of Main Achievements The ¢lub continues to foster dose ties with numerous ¢haribes. hosting their bJndraisin9 9oW days at Moor Allerton. As a tharity we continue to supwt them in their fun(J-raising actNities throLtgh offering a generous savirwJ on their green fee rales. The transilion from outsourciry the wo shop to bringing il fulty iTrhouse by the end of this financial year was su¢¢ÈssfuNy completed by May 2023. This model moves us away from a commisS)n-based shop lo ensuring the dub retsins the full gross margins on sales. In a strategic move. the club inlrojuced the new Gowers Acaderny towards the close of the financi31 year. This initiative. designed to prowde a dedi¢ated pathway for individuals to leain and embraGe golf. is antiupaled to faulitste their [wressn into becoming fulfledged members. The commencement of the lan¢ffill project marks the beginning of a 24-monlh ent1eavour that will rinancially support substantial imwovements lo the o)ufse. Throughoul the year, it wa5 gratrfying to lInesS a considerable numbgr of rnembers and affiliated IndivUalS contrit&Jting donations in anticipat)n of the nIenary year. The club has excits.ng FAafis to ¢ommemorate its centennial milestone I1OUgh a series of events scheduled to tske place at the club stsrting from March 2023 onward. Flnanclal Revlew and Pollcy on R•ser¥e$ The Charty's reseThes policy is to ensure that re5eryes are maintained at such a lovel to enable il to continue to meet its objectives. The club has benefite(1 from an increa$e in membership and an increase in vi8itor income slreams. Income from the revenue streams that make up Ihe club's 'Charitable ActNities' which is broadty made up from membership subscriptions. members guests. visrtors. societies. and buggy hire (note 4 in the a¢¢ountsl revenue has inueased signthcantty to £8.707 {2022'. £854.3201. While wsitor revenues are slightly down on the previous year it is pleasing to report a strong relurn on membership subscriptions has helped contribule to the increase in Tevenue. Overall total •rme fry Ihe year was £937.178 {2022.. £893.0551. total revenues vs Ihg previous year were £44,123 higher. The dub faced a dilficull year mana9ing expendtiure. Overall tolal expenditure for the finanaal year was £1.026,742 (2022.. £856,407} showng an increase in expenditure of £170,335 vs the previou$ year. This has resulted in a deficti for the financ?1 year {as set out on page 7) of £89.564 12022." surplus £36.6481 and at the year end its reserve5 slotrj at £155.05212022: £244.616I.
M(¥)r All&rton Golf Club (Leeds) Trustees Annual Report Year ended 31 March 2023 Events that have contributfjd to Ihe Micrease in expenditwe we summari5ed a5 follow5: Winter 22123- Th8 rlub's out50urced calerer decided to terniinate the catering contract. The board made the decision to temporarily bring the cateriny in-house until another caterer could be found. The board aCknoedged that running the catering fundion over the winter period would not make a profit but fell the membership sh¢yJld continue to receive a level ofcalering and bar service during the interim period. This a one-off event and is not anti(apated to continue during the nexi financial year. Staff salaries15ee note 101 increased significanlly due lo the TUPE transfer of catering slaff onlts the club's books. This is a one-off event ar not anticipaled to Continue during the next finan¢ial year. Healing & fvel costs continued to rise througfK)Ut Ihe peri. Higher than usual costs fu house sundrie5. repairs and renewals. The dub's treasurer stoo(I down in October 2022, which in ttjm had a dire¢t impa¢t on accounting ¢ost$ in relation lo managing the finan¢ial operations of the club. The role remained unfilled for the remainder of the financial year. Leasing commrfments Isee )le 181 for the current fleet of vehides that were renewed during 2022 the lease agreements signed are classed as operating leases which has implications for accounting. Pfewous agreements were capitalized and depreciated. This ts not Ihe case with an asset under an operating lease agreement so you will see a significant increase in leasing commilments. This is purely an accounling stsndard and does rK)t imply the club has significantly increased ¢lub expendill on the lease Ileet Conn•ctsd Organlsatlons The Charity was established to lake over the running ol the Moor Allerlon Golf Club from the exisling ¢Jor Allerton Goll Club Limf(ed IMAGC) which it did on 1 April 2016. MAGC is not a charity but had been operating on 8 riot-for-profit basis. and its share$ are hekl on trust to ensure thal persons of the J¢wish faith are not prohibited from playing at the dub. On 1 April 2016, MAGC grantgd a 2&year fease at a peppercom Tent io the Charity and gifted various assets and liabilities relating to golfing actiwtbe5 to the Charity. MAGC continues to undertake non- charitable acts"wties, such as managing catering. fiJncti(m and events whi¢h a non-ancillary to the Charity'$ purpose5 and is inten¢Jed that it will gift any lts to the Charity. In pparIng this report advantage has been laken of the small componies exemption. Approved by thè Boar¢J l4yc23 and signed on it5 beh4f by: &ty)edon 1411YJQQtr.12 Dr K Morrison Trustee
Mo¢r Allerton Gc4f aub (Leeds) Indepen¢Jenl Examiner's Report to the Trustees of McJr Akrton Gow Club (Leeds) I report to the tharity trustees on my examinathon of the acwnts of the Company for the year ended 31 March 2023. R•sponslbllltl•s and knls of report As the charty trustee5 of Ihe company {and also ils directors for the purposes ol company lawl you are responsible for the preparation ol the accounts in accordanre with the requirements of the Cofflpanies Act 2006 fthe 2006 Acri. Having satisfied myself that the accounts of the company are not required lo be au(Jiled undei Part 16 of the 2006 Act and are elNJible for independent examination. I reFXt in respect of my examination of your cornpany's accounts a5 carrted out under secb.on 145 of the Charities Act 2011 {'Ihe 2011 Act"). In carwng out my 8xaminalion I have fc4k)wg(l the Dire¢lions given ty Ihe Charity Commi55vJn under section 1451Sllbl of the 2011 Act. Ind¢ptndent •xamlnetr$ ststement- matter of concern Identitled Since the company's gr05S trorne exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I c(firM thal l am qualified to undertake the examinati because l am a member of the Institute of Chartered Acewntants England and Wales which is one of the Ilsted bodies. I have completed my examin8tr"on. I confimi that rx) matters hav8 come to my attention that gNe me cause lo believe that in any material respect= accountir¥J records wwe not kepl in Tespecl oflhe MpanY as required by section 386 ofthe 2006 Act.. or the accounts do not accord with those records.. or the accounts do not cornply with the accounb.ng requirements of section 396 01 the 2006 Act other than any requirement that the aCnIS give a 'true and fair view. which is not a matter consi¢Jered as part of an independent examination.. or the accounts have not been Pfepared in accordance with the methods and principles of the Statement of Recommended PraCb. for accounting and reporting by chariti'e5 applicable to charits'es preparing their a¢¢ounts in accordance wth the Financial Reporting Slandard applicable in the UK and Republic of Ireland {FRS 102). I have no concems and have come acTOSS no other matters in ¢onne¢tion with the examination to which your attention should be drawn in th"$ report in wder to enable a proper understsnding of the accounts to be reached. N M Taylor Brown Butler Charted Accounlants Leigh House 28-32 Sl Paul's Street Leeils LS1 2JT IS 2023
m( Mkrton G¢)It Club (Leeds) Statement of Financial Activit lincorporaling an Income and Expendibjre A¢¢ounl) For the year ended 31 March 2023 Total 2023 Totsl 2022 Ur*eslrthd Income from: Donations and grants Charitablo actNilies Other trading acthvitses 2.395 8,707 44,076 2,395 890,707 44,076 14.105 854.320 24.630 Total 937,178 937.178 893.055 Expenditure on= Raising fur$ Ch8llt8ble adNilie$ Interest payable 78.256 948.462 24 78.256 948.462 24 15,432 840,943 32 T¢)lal 1.026.742 1,026.742 856.407 Nel lexperKlitureifincome 189.5641 {89.564) 36,648 Reconciliation of fvnds Funds at 1 April 2022 Net lexpenditureylnme 244.616 189.564) 244.616 (89.564} 207.968 36,648 Funds at 31 March 2023 155.052 155.052 244,616 The notes on pages 10 to 19 fonn part of these acCrtts.
Mwr Albrton Golf Club ILeedsl Company Number 09679570 Balance Sheet as at 31 March 2023 2023 2022 Note Fixed assets Tangible assets 432,246 466,337 Current assets Sloths Debtors Cash at bank and in hand 12 13 3.955 14,685 47.980 36,026 173.503 216,612 66.620 Current liabilities CredilofS- amourts falliig due wilhin (me year 14 467.410 252.929 Nel cwrenl liabdilies {250.798 {186,309} Total assets less current li8bilrties 181,448 280,028 Creditors- amounts falling due after one year 15 26,396 35,412 Nel assets 155,052 244,616 The fun¢Js of the Charity Unrestricted funds 17 155.052 244,616 Total funds 155,052 244.616 For the year ended 31 March 2023 the company was entilled to exemption from audit under section 477 01 the Companies Act 2006 lating to small companies. Trustees. responsibilities: The members have not required the ¢ompany lo oblain an at of its accounts for the year in question in a¢cordance with s¢¢tion 476,. and The trustees acknowledge their responsibilrties for complying with tho requirements of the Ad with resptrcl to aOUnting records and the preparatson of accounts. These accounts were approved and signed for issue by the Board on 2023 8ThJ signed on its behalf by. 5p3ned on 07112r23 Q 10."15 l Land Trust8e Tho notes on pages 10 to 19 fomi p8rt of these accounts.
Moor Alkrton GcAf Club (Leeds) Statement of Cash Flows For the year ended 31 March 2023 2023 2022 Net flow from operating activitie5 21 181.536 129,081 Cash flow from investing activilie5.' Disposal proceeds on sale of fixed assets Paymen15 to acquire tangible fixed assets 17.500 (66.2271 125.7141 Net cash flow from investing acts'vities 125,7141 {48,7271 155.822 80,354 Cash flow from financing actNibe$: Repayment of finance leases Interest paid 130.2751 1241 12.070} 1321 Net ¢a$h fl¢yw from financing actNities 130.2991 12.1021 Net increase 125,523 78,252 Cash at bank and in hand at 1 April 2022 47.980 {30,2721 Cash al bank and in hand al 31 March 2023 173,503 47.980 The notes cffi pages 10 10 19 part of these 8c¢wnts.
Moor Allerton Golf Club {Leed$) Notes to the Accounts For Ihe year ended 31 March 2023 General infonnation Moor Allerton Golf Club ILeedsl 1$ a company limited by guarantee and has no Share Capttal. The liability of each rrmber in the event of a winding up is limited to £1. The charity 15 inGortKxate(J in England and Wales. 1$ registered a5 a charity wf(h the Charity Commissioners and is also a public benefit enlity as ¢efin by Financial Reporting Standard 102 the"Financial Reporting Standard Applcable in the UK and RepliC of Ireland. IFRS 1021. Its registered office prinupal plao of business ts'.- The Club House Wike Leeds LS17 9NH Summary ol signfftant acwinting pc4Kies 2.1 Basis of preparation The 8¢counts have been pvep3d in accord¢e wtlh applicab a¢untIng standards Inc111n9 FRS 102, Ihe Accounting and Repo.n9 by charits: Statement of Recommended Practice applrcable to charities prepan'ng their accovnts In acCOrdae with the Financial Reporting Standard applicable kn the UK and Rek)ubl¢ of Ireland IFRS 1021 issued in October 2019 ISORP IFRS102)l and the Companies Acl 2006. The accounts have been prepared on a going concem basis under the historical cost convention, mo(Jified to include certain items at fair value. The wesentation currency is £ steding and the accwnts have been rounded to the nearest £1. The significant accounting pdicies applied in the preparation ofthese accounts are sel out below. These policaes have been ¢sistenIty appl*d to all years presenled. unlos$ otherwise ststed. 2.2 Funds Unrestricled funds are available for use * the discretion of the tnJstees in furtherance ol the general objeclives of the charty and which have nol been desnated for olher purposes. 2.3 Income recognition All incoming resources are induded in the Ststement of Financial A¢tsvibes ISOFAI when thè charity 15 legalty ents.tlèd to the in¢omè aftèr any perf0M)ar conditions have been mel. the amount can be measufed reliabty and it is probable that the income will be received. For donations lo be recogntsed. thè charity will have notffied of Ihe amounts and tho setdement date in writing. If Ihere are condrtions attached io the donation and these require a level of performance before entitlement can be obtained then income is deferred unlil those conditK)ns are fully met or Ihe fulfilment of those conditions is within the control of th& charity and il is probable that they will be fvlf11. Donated facilities and donated prolessKJnal Sere$ are recognised in income at their fair value when their economic benefit is probable. Ihey can be mèasured Tdiably and the charity has control over the item. Fair value is detèmiined on the ba&s of ihe value of the gift lo the charity. F¢y examKAe the amount the charity would be willing lo pay in the opèn market for such tacih'ties and services. A corresponding arnounl is cogniSed in exwnditure. 10
Moor Alerton Gdf Cjub (Leeds) Noles to the Accounts For the year ended 31 March 2023 Summary of signifKanl accounting poliaes- continued No amounl is induded in Ihe accounls for volunleer time in line with the SORP IFRS 1021. Forlogacwd. entiuemenl is the earlier ollhe chality bel notified of an impending dislrtbufion or the legacy b8ing received. Al this point income 1$ re¢ognised. On occasion legacies will be notified lo the charity however it is not wssible to measure the amount expected to be distributed. On thase occasiws. the legacy is treate(l as a ronlingenl asset and ¢Ji5closed. Grants are reco9nised at fair value when the charity has entement after any performance conditons have been met, it is probable that the income will be ¢¢l¥ed and Ihe amount be rnea5ured reliably. If enb"tlement is not met then these amounts are deferred. Grants received for the acquisition of fixed assets are accounted for as $tricted funds. The restricted furKI is redu¢gd by the depreciation or amortisation charges made over the expe¢led Useful life of the asset concerned. Othei grants are treat as Irome and, where applicable. they are accounted for 8$ restricted funds. Where the grant covers luture accounting peri¢4Ys. the amovnt relating to future periThYs is delwred and recognised in the correct period. 2.4 Expenditure recognition l expenditure 1$ accounted f(Y an awuals basis and has been classified under headings that aggregate all cost5 related to the category_ Expenditure is recognised where there is a legal or constructive obligabon to make payments to third parties. it is probable that the settlement will be required and the amount of the obligalion can be measured reliably. 2.5 Support costs lOCall0n Support C051s are those costs thal assist the work of the charity but do not ¢Jirectly represent charitable activities anfj in¢lude office Gosts, WVernan costs, and a¢Jministralive payroll costs. Where support costs cannot be directly attributed to partic4Jlar headings they have been allocated to cost of raising lunds and expenditwe on charitsbte acts"¥ib"es on a basis consistent wilh use of the resources. The analysis of these ¢o$ls is included in note 7. 2.6 Tangible fixed assets The donatson of the leasehold interest on 1 April 2016. was initialty measured at fair value and has subsequenlty been measured at ¥Mlsed cost. Other tsngit4e fixed assets are ststed at cost less accumulated depreciation and accumulated imp8irmenl 105ses. Cost includes cLJsts ¢Jire¢Uy attribulabEe to making the asset capable of operating as intended. Depreciation is provided on tsngible fixed assets on a stratght lin• basis. at rattss calculated to write off the cost, lèss estimated residual value. of each asset on a 3yStemalic basis over ils expected useful lile a$ follows.. Leasettd inleresl Workshop machines & goll ct>urse equipment Office equipment Sheds & pro shop Shop and other equipment 2.7 Impairment of rued assets Fixed assets are assessed at each reping date to det8rmine whether there is any indicalion thal Ihe assets are imp8ired. If Ihere is an indication of possib impairment. the recoverable amount of any affected asset is ests"m8ted and compared lo ils carying amount. If ihe eslimaled recoverable amount is lower. the ¢awrying amwnl is reduced to its estimated recoverable amount. and an impairment loss recognised in the st8temenl of financial activities. The reversal ol an 1mpairffI loss is recwised immediatety in the slalem8nl of financial acliviligs. 4% straight line 10% slrafjht line 20% straight line 5% straight line 20% straight line
Moor Albrton Gdf Club (Lggds) Notes to the Accounts For the year ended 31 March 2023 Summary of Signifint accounting pc4ictes- continued 2.8 Debto Sh)rt tenn debtors are measured al transaction price. le55 any impairment. Loans receivable are measured initolly at tsir value. net of transaction cosls. and a subsequenty measured at amortised cost using Ihe effectNe interest method, less any impaimient. 2.9 Credit¢ys Strv)rt term Creditors are measured at transaction price. Other financial habitsts, including bank loans, are measured inrtially al fair value. nel of transaction costs. and ar¢ subsequently measured at am¢ytised cost usKig the effective interest method. 2.10 Leases Fixed assets acquired under ffiance leases and hire purchase agreements are include¢J in the balance sheel at cost and an appropriate provision maéè for depre¢iatTron. The outstsnding liabilibes under such agreements less interest not yet due are include(l in creditors. Interest attributsble to each period is charged to the profit and loss account. Operating ase rentsls are charged to the profit and Soss account as incurred. 2.11 Taxats"on The charity considers that il meets the defi of a charilable company for UK POratin tax purposes and is accordingly potentialty exempt from lax in respect of ils income and gains. 2.12 PenSn ¢ontributic The company has a defined contribution pens•)n scheme. The pen>on ¢osts charged to the statement of finan¢ial actsvilies are the contributK)ns payable in respect of the accounting period. 2.13 Going concem The accounts have been ppared on a going concern basis as the trustees beIve that no material uncertainties exist. The trustees have considered the level of fun¢Js held an¢J the expected level of income and expenditure for 12 month5 from authorising these accounts. The budgeted incoTh and expenditure 1$ sufficient wth tr* level of reser¥es for the chanty to be able to Continue as a going wicern. 2.14 Critical a¢¢oLsnting estimates and assumption The charity makes estimates and assumpb"on5 conceming thefuknre and the resulting accounting estimates and assumptions will. by definition. seklom equal the related actual resutts. The main area ol estsmates and assumplions that have a significant risk of Gausin9 a material adjustment to the carrwng amount of assets and liabilitie5 wilhin the next financial year relate lo the esthmal&s used in valuing the leasehold interest. which. as explained in note 11, was professionally valued on behalf of the charity. Donations and grants Totsl 2023 Total 2022 Unrestricted Donations Job retention scheme grants 2.395 2.395 11.231 2.874 2.395 2.39S 14,105 12
Moor lert0Th Golf Club (Leeds) Notes to the Accounls the year ended 31 March 2023 Charitable 8CtivilKqs Tolal 2023 Total 2022 Unrestricted Golfing activities 890,707 890.707 854,320 Other trading actiwlies Total 2023 Toial 2022 Unigslrictsd Tournaments and ujmpetibons Advertising and sp¢)nsorship Sundry income Fo¢xl sales 6.459 5.737 4.225 27,655 6.459 5.737 4,225 27.655 6,202 5,669 12,759 44.076 44.076 24,630 Expendrture Direct costs Support Total 2023 Totsl 2022 Costs of raising funds Raising funds 70.062 8.194 78,256 15.432 Charitable acliMtie$ Golfing activities 789,106 159.356 948.462 840,943 Support cost allocation Raising funds Golfing acliwb"e5 Total 2023 Total 2022 Salaries and wages Eslablishmenl costs Computer expenses House sundries Telephone. slalionery and sub"($ Leg81 fees Govemance 3.511 417 66.706 7.924 12.433 13.751 17.273 211 32,343 70,217 8.341 13,087 14,475 18,182 211 33,863 63.815 6,887 9.420 9.918 15,289 4.848 15,301 724 1.520 7.735 151.621 159.356 125.478 The above support cosls are ailo&*ed on a lime spenl" tAsis. 13
Moor Allerton Golf Club (Leeds) Notes to thè Acc¥)unls For the year ended 31 March 2023 Governance costs 2023 2022 Inde[ent examinerfs fee Management accountant's fees BookkeepiThJ fees Professional fees 4.000 20.530 5.875 3.4S8 3,800 11.501 33.863 15,301 Total expendilure Total expenditure is stated after char9iig- 2023 2022 Depreci8lion Machine hire and leasing Independent examin$ fee 59,805 16.575 4.000 59,99) 18,$07 3,800 10. Staff cosls and numbers 2023 2022 Salaries and wages Social security costs Pension Contributions 415.211 31.895 8.632 313,381 25.437 7.193 455.738 346.011 No employees were paid in excess of £60.000. No Temuneration was paid during the year to any Trustee, rw)r were there any expenses reimbvrs¢d to them. The average number of employees during the year, anatysed by function. wa$.. Number of employees 2023 2022 Golfing activities sUprt costs 10 18 16 14
Mc*Jr Allerton Golf Club (Leeds) Notes to the Accwnls For the year ended 31 March 2023 11. Tangible fixed assets Shop and othef equipment Leasehold Workslk)p d$& NC(ne Off Inte$¢ machines pro shop equipmenl equipment Total co5uvUatIon At 1 April 2022 Disposals 250.000 534 35.928 436.862 8,795 11.832 1.685 7.675 15,234 742.831 25.714 At 31 March 2023 250,000 534 35,928 445,657 13.517 22.9C19 768,545 Depreciakn'on At 1 April 2022 Charge for year 60.0 10.000 320 5.964 1.796 203,360 44.050 5.072 2,096 1.778 1.809 276,494 59.805 At 31 March 2023 70.000 374 7.760 247.410 7,168 3,587 336,299 Net bo¢k value At 31 March 2022 19J.000 214 29,964 233.502 6.760 5,897 466,337 At 31 March 2023 180.000 160 28.168 198.247 6.349 19.322 432.246 Assets held under ance lease and puhaSe a9reemenls 2023 2022 Net boc4¢ v81ue 58,076 170,394 The tsngible fixed assets have been e(ld as $Kurity for liabilities of the charity. The leasehold interest was granted on l April 2016 fty a period of 25 years at a peppercorn rent. Given that it lomied part of the donation from Moor lert0fi Goff Club Limitsd. it has no historical cost. The leasehold interest al 1 April 2016. was wolessionalty valued by Malcolm Stuart Property Consultants. taking account of recent transactions in the locality and current market and ecorKrfnic corKlitions. 16
oor Albrton Gow Club (Leeds) Noles lo Ihe Accounts For the year ended 31 March 2023 12. Stocks 2023 2022 Raw malerials 7.083 3.955 The stock5 have been pledged a5 security lor liabililies of the ¢harity. 13. Debtors 2023 2022 Prepayments 36.026 14.685 The debtors have been edged as seojrty for liabilities of the charity. 14. Creditors 2023 2022 Amounts 1811ing due witrbin one year. Obligatims ijnder finance lease and hi purchase Trade credrtors Other creditors Social Security and other tsxes AccN81s antj defwred iome 10.872 50.956 102,641 11.155 291.786 32.131 27,806 95.883 9,449 87.660 467.410 252,929 Deferred income 2023 2022 Deferred income at 1 April 2022 Amounts deferred in cjjrrenl year AmcHJnts released from prevhiu5 year 55,288 227,657 155,2881 $0.736 55.288 (50.7361 Deferred Income at 31 March 2023 227.657 SS.288 Defeed income rdates to SL*srJiptiMs and received in Ihe current year which relate to the fc41owing year. 17
Moor Allerton Golf Club {Lee(Is) Notes to Ihe Accounls For the year ended 31 Marth 2023 15. Creditors- amounts falling due after orE year". 2023 2022 Finance lease and hye purchase clit$ 26.396 35,412 16. Security Finance lease and hi purchase liabilitre5 totalling £37,26812022.. £67.543) are secured by the assets to whith they relate. which have a Carn9 valije of £58,07612022'. £170,394). Bank loans and bank overdrafts totalling £Nil 12022.. £Nil) are secured by a fixed and Ik)aling chargo over all the assets of the company. 17. Unrestrthd funds Balance 01.04.2022 Incorrmng OutgoirvJ funds nds BalarKe 31.03.2023 General lunds 244.616 937.178 1.026,742 155,052 244.616 937.178 1.026,742 155.052 18. Leasing commiiments Totsl leawng commrtments which are not induded in the balance sheet a set out below: Operating 8$e$ The total of fvlure minimum operating lease payments bs as fdlows.. 2023 2022 Within one year Between one arKJ fve years 49,015 122.442 11,119 13.229 171,457 24,348 19. Related party transactions There were no related party tr•nsa¢lions during Ihe period. Cwation tax The company is a registered charity and 1$ exempt from income tax and corporation tax. 18
M¢1 AlrtOn Gc4f aub {Leeds} Notes to the Accounts For the year erKled 31 March 2023 21. Reconciliat of net eXndItUre to net cash from optrral¥ig activities 2023 2022 Net lexpendthjreyirwme for the year le$1 pabd Oepreciation and am0rti8all charges Loss on disposal of fixed a55els In¢reaSel{decase} in Oecreastr in debtors Increase in creditors 189.seA) 24 59.805 32 59,99) 4.917 569 236 26,689 13,1281 121,3411 235.740 Net cash flow frLvn operatin9 activit$ 181.536 129.081 22. Analysis of chaThJes in net debt Cash Flows Asal 31.03.2023 01.04.2022 Lease liabilities 67.543 30.275 37.268 Cash at bank and in hand Cash at bank Cash in hand 147.3981 15821 12S,834 1311) {173,2321 12711 Total net debt 19.563 155.798 {136.235) 19