For the year ended 31 May 2020:
Charity number 1172134
Registered office The Shire London, St Albans Road, Barnet, EN5 4RE
Trustees Justin Levene Anne Menai-Davis Floyd Johnson Lee Cox Charles Niren
Directors Cae Menai-Davis Frank Harrington
Independent Niren Blake LLP, 2[nd] Floor, Solar examiner House, 915 High Road, North Finchley, London, N12 8QJ
Report of the trustees
For the year ended 31 May 2020:
The Trustees present their report and the independently examined financial statements for the year ended 31 May 2020.
## **1. Trustee’s summary**
This report will document the success of each key activity and the benefits The Golf Trust has brought to our stakeholders groups that the charity was set up to help.
This year has been a year of growth. We have been growing as a charity, raising our profile amongst funders and continuing our work to raise awareness of disability within golf. We have streamlined our activities to make it easier to raise funds and ensure sustainability.
Our operations were unexpectedly stopped in March 2020 due to Covid-19. This forced us to adapt and move our work online.
## **2. Structure, governance and management**
The Golf Trust is a registered charity since March 2016.
All trustees give their time voluntarily and receive no benefits from the charity. The Board of Trustees are responsible for the overall governance and strategic direction of the charity, developing the organisations aims, objectives and goals in accordance with the Articles of Association, legal and regulatory guidelines.
## **3. Activities and objectives**
The Golf Trust seeks to remove the barriers to participation so that everyone can play golf. Our main focus has been introducing (or reintroducing) golf to individuals with a disability.
The Golf Trust uses golf to engage with everyone through social inclusion and mobility. Our sessions are accessible to everyone, welcoming all races, genders or abilities. The Golf Trust uses golf to inspire and empower the people we work with to lead happier and healthier lives.
The Golf Trust had five key objectives for the year. These objectives set the foundation for the organisation’s projects. The objectives were:
- Increasing participation in golf
- Promoting health
- Activities for the whole family
- Reengaging individuals back into golf
- Diversifying funding
## **4. Key projects and successes**
This section outlines our projects and successes for the year:
We delivered 10 weeks of golf coaching in 10 care homes/sheltered housing in North, West and South-East London equating to over 180 hours of coaching. We have engaged over 300 residents in this period of time. Golf is a great activity for individuals who are inactive because golf is low impact, it can be done seated or standing and it can be delivered in communal lounges within facilities that the residents trust using first touch adaptive equipment. We achieved many outcomes with the participants; increased physical activity, reduction of loneliness, increased social skills, increased strength/balance/co-ordination, carers and staff highlighted residents had an increased sleep quality in the days after the sessions, increased appetite and increased mental health. The project was important to us as we saw the participants involved as the forgotten generation, susceptible to loneliness and isolation. Our Care Home project was awarded the ‘Sport Unites’ Award at the London Sport Awards in March 2020. We are extremely grateful to been recognised for this project.
We held our first fundraising charity golf day. It enabled us to raise more money in one day than we would receive through grants.
Our Els for Autism programmes continues to grow. We have trained more coaches and sport instructors to enhance their knowledge of autism and gives practical advice to teach golfers with autism. We have complemented the training with specific autism golf sessions in schools. The outcomes we have achieved from the sessions is better than we could have expected.
We continue to support events to raise awareness of disability and sport. It is an opportunity to meet individuals with a disability and showcase that golf can be adapted to all abilities. We are proud to have supported the Wheelpower Camp at Brunel University, Disability sports event in Tower Hamlets and Disability Sports Coach
Sports Day this year. Furthermore, we have supported multiple events run by the Jason Roberts Foundation.
We continue to offer Special Olympics opportunities through The Golf Trust in East Herts. The sessions moved from the Hertfordshire Country Club to Cheshunt Park Golf Club. A change of venue meant a change of coach too. There is a core group of 10 young adults who attend the sessions every Tuesday.
In 2018, we gained access to a Paragolfer which has allowed us to diversify our opportunities. The Paragolfer allows an individual who has lost use of their lower body through illness or injury to stand securely to play golf. Thanks to the Paragolfer, we have taught 10 people with spinal injuries, Parkinson’s, MS and physical limitations this year.
Finally, Coronavirus suspended our work from March 2020 as the country entered lockdown to control the virus. We were no longer able to deliver in care homes or schools. In addition, the golf club was closed under the restrictions. However, we didn’t stop working. We switched our operations to digital. We supported the care homes virtually; they were offered equipment and play activities to keep the residents active. They continued to use this offer until they were advised not to mix residents under the guidelines. We participated in many podcasts and ‘Lives’ on Facebook and Instagram to raise awareness of disability sport and The Golf Trust.
## **5. Funding**
We are thankful to our funders Mayor of London Sport Unites, Golf for Disabled Children, Barnet Council, Sport England Small Grants and the National Lottery Small Grants
## **6. Looking forward**
The impact of Coronavirus causes great uncertainty for the year ahead. We are unclear when we can return to face-to-face delivery. When we are able to return, we will prioritise our care home and family disability projects.
In addition, we aim to maximise use of the Paragolfer and reach more individuals who can benefit from its use. We hope to get people back active using golf. We will delve further into spinal injuries and golf as directed by our trustee, Justin Levene.
Registered number: 08173494
**THE GOLF TRUST DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2020**
Niren Blake Holdings Limited
## **The Golf Trust Directors' Report and Unaudited Financial Statements For The Year Ended 29 August 2020**
## **Contents**
||**Page**|
|---|---|
|Company Information|1|
|Directors' Report|2|
|Income and Expenditure Account|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|6|
**The Golf Trust Company Information For The Year Ended 29 August 2020**
|**Directors**|Mr Cae Menai-Davis|
|---|---|
||Mrs Margaret Anne Menai-Davis|
||Mr Frank Harrington|
||Mr Lee Cox|
||Mr Charles Niren|
|**Company Number**|08173494|
|**Registered Office**|c/o Niren Blake Llp 2nd Floor|
||Solar House|
||915 High Road|
||London|
||N12 8QJ|
|**Accountants**|Niren Blake Holdings Limited|
||Chartered Accountants|
||Solar House|
||915 High Road|
||London|
||N12 8QJ|
Page 1
## **The Golf Trust Company No. 08173494 Directors' Report For The Year Ended 29 August 2020**
The directors present their report and the financial statements for the year ended 29 August 2020.
## **Statement of Directors' Responsibilities**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Directors**
The directors who held office during the year were as follows:
Mr Cae Menai-Davis Mrs Margaret Anne Menai-Davis Mr Frank Harrington Mr Lee Cox Mr Charles Niren
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
## **Mr Cae Menai-Davis**
Director
27/05/2021
Page 2
## **The Golf Trust Income and Expenditure Account For The Year Ended 29 August 2020**
|**Notes**
**TURNOVER**
Cost of sales
**GROSS (DEFICIT)/SURPLUS**
Administrative expenses
**OPERATING (DEFICIT)/SURPLUS AND**
**(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR**|**2020**
**£**
12,648
(23,911)
(11,263)
(5,252)
(16,515)|**2019**
**£**
62,616
(30,184)|
|---|---|---|
|||32,432
(4,000)|
|||28,432|
The notes on page 5 form part of these financial statements.
Page 3
## **The Golf Trust Balance Sheet As at 29 August 2020**
|**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**3**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2020**
**£**
**£**
15,627
15,627
(4,020)
11,607
11,607
11,607
11,607
11,607|**2020**
**£**
**£**
15,627
15,627
(4,020)
11,607
11,607
11,607
11,607
11,607|**2019**
**£**
**£**
32,142
32,142
(4,020)
28,122
28,122
28,122
28,122
28,122|**2019**
**£**
**£**
32,142
32,142
(4,020)
28,122
28,122
28,122
28,122
28,122|
|---|---|---|---|---|
||15,627
(4,020)||32,142
(4,020)||
||||||
|||11,607||28,122|
|||11,607||28,122|
|||11,607||28,122|
|||11,607||28,122|
For the year ending 29 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **Directors' responsibilities:**
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
## **Mr Cae Menai-Davis**
Director
27/05/2021
The notes on page 5 form part of these financial statements.
Page 4
## **The Golf Trust Notes to the Financial Statements For The Year Ended 29 August 2020**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of Financial Statements**
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## 1.2. **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## 2. **Average Number of Employees**
Average number of employees, including directors, during the year was as follows: 1 (2019: 1)
## 3. **Creditors: Amounts Falling Due Within One Year**
|Accruals and deferred income|**2020**
**£**
4,020
4,020|**2019**
**£**
4,020|
|---|---|---|
|||4,020|
## 4. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
## 5. **General Information**
The Golf Trust is a private company, limited by guarantee, incorporated in England & Wales, registered number 08173494. The registered office is c/o Niren Blake Llp 2nd Floor, Solar House, 915 High Road, London, N12 8QJ.
Page 5
## **The Golf Trust Detailed Income and Expenditure Account For The Year Ended 29 August 2020**
|**TURNOVER**
Grants received
Donations
**COST OF SALES**
Purchases
Instructors costs
Event fees
**GROSS (DEFICIT)/SURPLUS**
**Administrative Expenses**
Travel expenses
Computer software, consumables and maintenance
Insurance
Printing, postage and stationery
Advertising and marketing costs
Training
Accountancy fees
Legal fees
Secretarial costs
Bank charges
Charitable donations
Conferences
**OPERATING (DEFICIT)/SURPLUS AND**
**(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR**|**2020**
**£**
**£**
7,226
5,422
12,648
362
23,549
-
(23,911)
(11,263)
238
235
270
-
738
-
720
-
1,975
36
500
540
(5,252)
(16,515)|**2020**
**£**
**£**
7,226
5,422
12,648
362
23,549
-
(23,911)
(11,263)
238
235
270
-
738
-
720
-
1,975
36
500
540
(5,252)
(16,515)|**2019**
**£**
**£**
57,670
4,946
62,616
3,848
25,836
500
(30,184)
32,432
-
528
270
465
-
1,514
720
65
380
58
-
-
(4,000)
28,432|**2019**
**£**
**£**
57,670
4,946
62,616
3,848
25,836
500
(30,184)
32,432
-
528
270
465
-
1,514
720
65
380
58
-
-
(4,000)
28,432|
|---|---|---|---|---|
|||12,648
(23,911)||62,616
(30,184)|
||238
235
270
-
738
-
720
-
1,975
36
500
540||-
528
270
465
-
1,514
720
65
380
58
-
-||
|||(11,263)
(5,252)||32,432
(4,000)|
||||||
|||(16,515)||28,432|
Page 6
Inde
endent Chartered Accountants. Review Re
ort to the Trustees of the Golf Trust
We have reviewed the financial s18temen15 of The Golf Trust for the year ended 31 August 2020
which comprise the Income Statement, Balance Sheet and the related notes I to 4. The financial
reporting framework that has been applied in their preparation is applicable law and United KngdoM
Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. including Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland..
This report is made solely to the company's directors, as a body, according with our terms of
engagement. Our review has been undertaken so that we might slate to the directors those matters
that we have agreed with them in our engagement letter and for no other purpose. To the fullest
extent pemiitted by law, we do not accept or assume responsibility to anyone other than the company
and the company's diwtors as a body for our work, for this report or the conclusions we have formed.
Directors. responslblllty for the financial statements
The directors are responsible for the preparolion of the fi'nancial stslements and for being satisfied
Ihal
they give a true and fair view.
Accountants. responslbllity
Our responsibility is to express a conclusion based on our review of tlre financial stalemenls. We
conducted our review In accordance with International S18ndard on Review Engagements IISREI
2400 IRevisedl, 'Engagements lo review historical financial statements, and ICAEW Technical
Release TECH 091i3AAF'Assurance review engagements on historical financial statements,. ISRE
2400 also requires us lo comply with the ICAEW Code of Ethics.
Scope of the assurance review
A review of financial slaternents in accordance with ISRE 2400 (Revisedl is a limited assurance
engagement. We have performed additional procedures lo those required under a compilation
engagement. These primarily consist of making enquiries of management and others within the entity,
as appropriate, applying analytical procedures and evaluating the evidence obtained, The procedures
performed in a review are 5ub5tantially less than those perfomed in an audit conducted in
accordancewilh Intemational Standards on Auditing (UK and Irelandl. Accordingly, we do not express
an audit opinion on these Iinancial statements.
ConclusSon
Based on our review, nothing has come lo our attention that causes us lo believe that the financial
slalemenls have not been prepared.
so as to give a true and fair view of the stale of the company's affairs as at 31 August 2020
and of ils deficit for the year then ended.,
in accordance with United Kingdom Generally Accepted Accounting Practice., and
in accordan with the requirements of the Companies Act 2006.
Niren Blake Holdings Limited
Chartered Accountants
Solar House
915 High Road
London N12 8QJ
Dale.'27 May 2021