REGISTERED COMPANY NUMBER: 12417803 (England and Wal9• ReG]STERED CHAIIITY NUMBER: 1189829 REPORT OF THE TRUSTEES AND UNAUDITEO FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 JAMUARY 2025 FOR WARREN CLARK GOLFING DREAMS LIMED IUMITED BY GUARApifEE AND NOT HAVING A SHARE CAPITAL) Lkndgrworyj Barron LLP Monks Brook House 13- 17 Hursl•y Road Chandlers Ford Easuelgh Hampshl SO53 2FW
WARREN CLARK GOLFING DREAMS LIMITED IUMITED BY GUARANTEE AND NOT HAVING A SHARE CAprrAL) CONTEPn OF THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 JANUARY 2025 P• R•port ofth• Tn1•• 1 to 2 Indop•nd•nt Examlmfs Raport Statsm•nt of Fin•ncl Acti¥iti•• Blan¢o Sh¢•t Not•s to thè Flnanclal Stat•m•n¢s 6 b) 10 Detalled Statement of Flnanclal Actlvili 11
WARREN CLARK ¢30LFING DREAMS UMrrED {LIMITED BY GUARANTEE AND NOT HAVING A SHARE cAPALl REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025 The tnjstees who Bre 0180 dlrecknr5 of the chwity for the puiposes of Ihe Companies 2006. prosgnl thgir roport wth th8 financial statsm6nts of the chartty for the year ended 31 January 225. IN$teè8 havè adopted thè prsOnS of Accouning and Rep)rbng ty Charities.. Statement of R8Monded Practice applirablg to tharitias PT¢parin9 thelr occounts in 8ccordanc with the Finandal Reporting StarHlard applicablg thg UK ar Rgpublic of Iro19r (FRS 1021 18ff8ctiv8 1 January 2019). OBJECTIVE8 AND ACTNmE8 Objectives and aln Tho objecU¥8s of the Charity ar8 to c¥eate on OFVOrtunity lo use gom as a plhlfolrn in delivering gng¥ggmgnt and 8ducation to disabled. and disathntag8d. individua15 and groups. Mainly thTough gc4f rd8tod 8d•s. wè $&t wt to Make a difference lo people's live5, encouraging th8m to bg Boaally actwg. and ch4lbng¥ Ihomsolvo$ to lok port Sn sport.Through our fun sessions. wthich are indUVe for 811, wg do team bulding aCtlt•s, énrAJur89e pacfJl8 to swalisa. have fun. reduce isolabon. and spend tirne together. Slqnificant activill• During the previous year Ihe Charity purchased the Homg Park GOK dub to bè Lwd ¥$ an in¢lU$1 golf ¢antr• for 8 total cost of £1.250,000. at H(ffi8 Park Golf Club. This is vthere the tharity is Iking to build a nèw p8m18n)t hom& for the tharity, hawng gained huge SUPPOrt from groups in East Suffgy and tho wdor Surrèy 8rna. Tha dub 11 bg acce55ible and will indude a sensory room, training kitchen, golf simulation ro(xn and Igrygr a)mmunity spac8s. Th•rn 11 also be a 8rnall onte communty charity shop and accesb1è thanging and toilet faeillties. It lll be njn by thg communSty for the heart of the cthnmunity and wll be a safe place where anyo to hava 4 Iow-CO#t m• eOked by disabled pe. We wll al80 aim lo promde advKe, training a)d employment opportuN#ss trj in ths community, alongs8 indusive actiwties such as health walk¥, ¢y¢ling, 8rL mu$l¢. dw¥ and gow sb)nS. Publlc b•n•fit The trustees have given due consideration to the Charity Commission'¥ published guidane• ofth• op8r8tion of th• Publlc Benefjt requirement and are Satisffied thal the aCt8 of the Charity undertakon durirvJ th¥ ye8r motst th8 pU1C Benefft F114ANCIAL REVIEW Flnanclal posltlon The re3utt8 for the ye8r 8r8 set out kn th& 8t8lement of fin8nd81 aCtWhl. Income increased lo £104,238 12024.. 72.8461 due to intxo•8$ in r•ntal In¢om• •nd Itxtta8e In granis eved. Expendlturo decreased sfighuy lo £60,99312024.. £62,1) j to a rOduon In propglty malntonanco costs. polScy Charity Cornmission Guidan defines free reserves as incomè. which bacow available to th• Charity and 15 to b• expended 81 the truslees. dwretion in furtheTrnr of Ihg Charity5 objects. but Is not spent. ccfflmitied or designated. The Charity ha8 free reserves of £128,08312024 - £84,838). Th1$ ¢onsldwod by tho tru8t8os as wffidont to èxpè(#ed èxpor11Urtr in the short to m8dium tèm. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Thg iarity is ntrlled by its governing i1uM9L a d••d of tfust. and c(mstitutos a limited (panY, Iwnited by guaranlbg, 8$ defined by the Companies Ad 2006. Th8 chity18 controlk8d by its govamln9 docum8nl 8 da8d oftrust, and con8tblLrtes a limited cc¥npany. I1$d by gu8rant•è. as dn•d by thè Compani•s Act 2006. Rècwltmènt and appolntm•nt of n•w trustaès an quired. ngw tsu¥tges wll b8 app)intéd by th• Board of trvst8e5 in OTder to pide the Board with the appr¢Jpiiale balancè of eXF*rtisa and axpari8nc8..Th8r8 or• no prescriptive poli(yes fc¢ the inducbon and traknlng of n&w tmst8è$.tht8ils 0ftrust gnd thoir advisors arè Ilsted on poge 1 of the r8wL REFERENCE AND ADMINISTRATNE DETAILS R•gist•r•d Company numbor 12417803 IEnglond an(1 Walfjsl R•gl8t•r•d Charlty numb•r 1189829 Pagg 1
WARREN CLARK GOLFING DREAMS LIMITED IUMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) REpoirr OF THE TRUSTEE8 FOR THE YEAR ENDED 31 JANUARY 2025 R•gl¥tered office 31 Crescent Road North BaddeeY Southam S052 9HU Trust096 M J lQrby D T Osbom T Eldridge A Osbcffi (resigned 20.11.20241 I Smlth W Clark A N ltsfoor {eFvolntad 5.2.2024} Iraslgn8d 30.8.20251 T Kumar lappoint8d 5.2.20241 R H Peace lappointed 5.2.20241 D M Adams [apIntO 4.3.2024) Ind•p•nd•nt Examln•r Dawd Gordon Phillip Cockbain Fellow Chartered cOuntant 6 Hunters Gat• Nutfiold Surrey RH14HT /io (202.S......... Approved by ordgr of thg board of trusto88 on ...... ... .. and gned on its bthall by: D T OBbom- Trustee Pag8 2
INOEPENfNT EXAMINEKS REPQRTTO THE TRUSTEESOF WAKqEN CLARK GOiFTrIG DREAMS UVJIED W¢n1•XIMl Rpx¢ lo lh• tNsle•s ofWan•n Clar Or4fw rih¢ Curyny? l ieporlto ltre ¢haDly Irustee8on nw exafn1n•In ofthe oltr• Compony Iwth• 31 Jaftry 2025 Ast ¢harlty¥ tyue•8 Cwany land il•) Its ol¢¢xnpTry lwl >xiu ire re¥or4Ue k• PrnFrathon oflM ace4rthnL¥ wththe r•qMert CoThpariesl& X(15 H&¥¥¥J uliyA¢d mythD wxmlsof Ih Company we nol rryJkJ to b• uThJ•r P•rt 1801 tr Ad and ate elitytle tMmkn•tion. I rEPQrt In rtwlol my•w8minalkin ol Y¢ xccwrd5 SerJNJD 145 01 ltr Chardjes Acl 3J11 nh• >)11 Arfl. kn ¢NrryNw obt ry rov• l)ltred Ihe Ili¥•¢iw9r4eft bylhe Choty CsjfnMrItV5tthft 14gSI Ibl olits J)11 * I hlve o)mWed my eafflmal•)rt. l e4Jrfdm Ihal no mBll¢rt lov oyr to my wlh t RE4n1STle rnt ke&1 Te5pdoflhÈCumF•ny•s rn9wrtsJ ty Sédm Jxfj lh2 acojurts (kt notacurd teC4fds', or Ihe a1$ do ¢om@y tlth tho •Cr¢wrj ¥ewktmtnt5 of Se(cffj J6 DI tr¢ X( kl tr•n •rty qreMeI Ihal tl aw)urt8 8 trw •nd la¥ VVH 41th k Ml a moller •$ ¢1 •D Ipr¥JEn1¢XIffll81Jn'. or the rKcourts ¥@ been in ar111 wth th aryj Df mEnt ol Reo)mmeTrJed Prad fw attourtwJ •ThJ bYthe$ •¢¢owts Ibacii¥darK• rthrd aptatae nlh• ¢IK•nd Reptholk{FRs Iroii I ¥9 ty)Tr¢¢rnS Of4 ha¥¢ ¢tyn• acr(& no olhw maltets in cwwdlon th• tsntonsh)&J be dta¥ffl tnlhisrewrt in orderto ernt4• • ants1O l>vitl Gorojn Pmip Codthln Ch•rter¢d AccourAtht 6 Hte Gale hj RH14HT
WARREN CLARK GOLFING DREAMS LIMrrED (LIMITED BY GUARApffEE AND NOT HAVING A SHARE CAPITAL) sTATEmEP OF FINANCIAL A¢filEs FOR THE YEAR ENDED 31 JANUARY 2025 31.1.25 UMestrict8d fund 31.1.24 Total funds Ncl INCOME AND ENDOWMENTS FROM DonatW5 and 9ae5 56.338 39.082 Investment Income 47.9CI) 33.764 Total EXPENDITURE ON Raising funds 57,9[ 60,592 Ch•rilabl• 4rllvld•s Generatlng funds 2.311 2.309 776 Total 60.993 NET INCOME 43.245 9,945 RECONCILIATION OF FUNDS Total funds bToughl fOard 84,83B 74.8Y3 TOTAL FUNDS CARRIED FORWARD 128083 The rKles fo part of these ffinanal Btaterngnts p94
WARREN CLARK GOLFING DREAMS LIMITED {LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITALI BALANCE SHEET 31 JANUARY 2025 31.1.25 UnreBlricted fund 31.1.24 Total fund8 FIXED ASSETS Tangible assets I.3199 675.218 CURRENT ASSETS Cash at bank 27.414 4.839 CREDifoRS Amourts IlIng due wilhin one year {24,5551 {22,2441 t4ET CURRE1 ASSETS 2.859 TOTAL ASSEf8 LESS CURRENT UABIUTIES 1.351.058 657.813 CREDITORS Amounts falling due after more than one year 11.222.975) (572.9751 NET ASSErs 128.083 84.838 FUMDS UNeStted fiJnd8 128.083 TOTAL FUNDS 128.063 84.838 The carltable company18 titled to exemption from audit under secon 4TT ot thè Companlgs Act 2006 for tho year •nd8d 31 January 2025. Tho membgrs have not rnquirad Iho cThnpany to obtsin an audit ol ts finano81 statomants for th8 y8ar endad 31 January 2025 in accDrdance wth SectKJn 476 ofthg Cornpani&8 Act 2006. Tha INst08s acknovA8dg& thoir responsibilitios for (al ensuring that the chariteble o)mpany keeps a¢ctyJntlng records that ()Y S¢don$ 386 and 387 of Companios Act 2006 and preparing finanual statements Ythich give a twe and fair view of the 8tst• of aff8rr¥ OF th• charilable company Ms at the end of each financial year and of 115 8urplus or dèficTt lor è8ch financlal year in acryJrdanc8 with tho r8¢wiromenls of Soctis 394 and 395 and whith othorwiw comply with the rUIremnIS of the Companies Act 26 relati to fin8nck81 statements, 80 fw 88 aF4)licable lo the ¢hgritsUfj ¢omwy. {bl These financkfjl ststements have been prepared in )rdance wrfh the pro#10n •PF4lc•ble to charftJle CleS subioct to the small companies regknè. ' 1 ststements wer8 arOyed by tho Board ol Truste98 and aLrthulS fvjr issua c . and were signed on its bèh81f by: T Kurnar-TruBtee T n(rt08 fcrfm p&t ofth•s• fin•n¢i81 statsmgnts Pag8 5
WARREN CLARK GOLFING DREAMS LIMrrED IUMITED 8Y GUARAKfEE AND NOT HAVING A SHARE CAPITALI NOTES TO THE FINANCIAL STATEME14TS FOR THE YEAR ENDED 31 JANUARY 2025 ACCOUIITING POUCES Balls of •ParlI¥j th• ftnanclal •tat•m•nt• The financial statem8nts of the charitsble cornny, whith k a public benefft entity under FRS 102. have be8n prepared in accordance with the Charities SORP IFRS 1021 'Aminting ond Reporting by Charities: Statement of R•wmmended Practice applicat4e to tharitie5 prep8ring thèir ae(x)unts In accordane8 th& Financial Reporting Standard aliCable in the UK and Republic of Irelan¢J IFRS 102) lèffèctiva 1 January 2019),. Financial Reporting Standard 102 The FinancAal Reporling Standard applicable in thg UK and Rèpublic of Iraland. and the Ccnpanle8 Acl 2C(J6. The financi818tst•ments havo bo pr•p8r8d und8r thè hl8torieAI cost convention. Incom• l income is rocognis8d in tho Statement of Flnanclal kvitio# onc¢ Iho has enbtlement to Ihe funds. M Is wob4e that the incorr will be Terwed and the amount b¥ Mad rnli8bly. Expondltur• Liobiifaes ere recognised 0$ expenditure 88 SOCn 88 thèw ts a 16981 or conslN¢tive obllgauon ¢crfnmittlng the tharity to that expendlturg. it is prcl)abl8 that a transfer ol gconryni¢ tnffts will be required in setUem8nt and the amount of the obligation CBn be measured reliabty. Expenditure is aiwuntèd for on an aecruals basis and has been dassiffied under headings that aggregate dl eo8t relat8d to tha c8tagory. wr9 ¢osls cannot b directly attn'trlod to particular hoadiry8 they have been 9lo¢•tsd to acbvibas on a basls nsIstenI wth tre use of resources. Tanglble flxed assets D8prec48tion15 prOded al the following annu rnle8 in ttd&rto %wlto 0S$8t ovor 05timatod usefijl IW8. Taxatlon The charity is exemptfrom rAratTh tax ts charit8bl8 ¥dvlties. Fund a¢untIng Unrestricted fijnds (xn be u38d in ar[dance with thg ch81ilablo attha dlscr01c ofth8 twsts8S. Restricted thnd8 can onty b8 used for pawY¢ular wtr¢tèd purposes thIn the ot4.ects of Ihe charfty. Reslrict¥M i8e vknen speufi8d by the donor or whgn funds are r4i4•d for particular r8striclod purp058s. Furlherexplanation ofthg naluro and purpose of $ath fvnd18 Inthdod In the nths to the finc4a1 statsrnents. INVESThIENT INCOME 31.1.25 31.1.24 R¥nts recoivoLI SING FUNDS R•i#ing don•tion8 •nd1•g•Ci•S 31.1.25 31.1.24 Support ccts 122 Ptt6 continued...
WARREN CLARK GOLFING DREAM3 UMITEO IUMtrED BY GUARANTEE AND NOT HAVING A SHARE CAPITALI NOTES TO THE FINANCIAL STATEMENT8- contlnu•d FOR THE YEAR ENDED 31 JANUARY 2025 RAl8hNG FUNDS- conllnu•d Invostm•nt manag•m•nt ¢osts 31.1.25 31.124 Legal and Profè881onal fo8 259 Aggroggtg #IrtnIS 57.906 NEf INCOMEI(EXPENDITUREI N81 Oncme1{0XpendIbjrel is 8tsted after ¢harglngllcreditsng}'. 31.1.25 31.1.24 DeprealKIn. (bwn8d assgts 776 TRUSTEES REMUNERATION AND 8ENEFtrs There no tnJ5t08s' romwration OT othgr b¢t¥ ft th• yr 8ndèd 31 JanLWry 2025 nor for Ihe year ended 31 January 2024. Trustees. expen•eg Thoro wore no InJ8tees' expen3e8 paid for tho year on(bd 31 January 2025 nor for the year ended 31 January 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unrestricted fund INCOME AND ENDOWMENTS FR Donalicffls and legacies 39.CQ2 Inv8slm8nt Irty>Jm Total 72.846 EXPENDITURE ON Raising fijnds Charitabl• al¥[tI Generating fund5 Total NET INCOME RecoNCIUATION OF FUNDS Total fvnds br(rtJghl forw8rd 74,893 TOTAL FUNDS CARRIED FORWARD 84.838 Pagg 7 continu&1...
WARREN CLARK GOLFING DREAMS LIMITED {LIMrrED BY GUARANTEE AND NOT HAVING A SHARE CAPITALI NOTES TO THE FINANCIAL STATEMENTS- cont•nu0d FOR THE YEAR ENDED 31 JANUARY 2025 TANGIBLE FIXED ASSETS Fr•8hc4d propety Plant and mathinery Totals At 1 February 2024 Additions 675,218 675,218 673.757 23.T57 At 31 January 2025 1325218 1348 975 DEPRECIATION Ch•rg¥ for year 776 NEf BOOK VALUE At 31 January 2025 1,325,218 22.981 1,348.199 Al 31 January 2024 675,218 675.218 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1.25 31.1.24 0th8r loans 23.655 900 21.344 900 24.555 CREDITORS: AMouKfs FALUMG DUE AFTER MORE THAN ONE YEAR 31.1.25 31.1.24 Olh8r loans 1222 975 572 975 10. LOANS An andlS of the mabjrity of loans is gr¥en beltr: 31.1.25 31.1.24 Amounts falling ( Loan from Warren Cl M Kirby Loan 14.870 8.785 12.559 8.785 23.655 21.344 Amounts lalling in more than fNe years: PAortgage Due lo N Buthe 572.975 650.000 572.975 1222 975 572 975 Page 8 eontlnued...
WARREN CLARK GOLFING DREAMS UMrrED (LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITALI NOTES TO THE FINANCIAL STATEMENTS- ¢oDllnu•d FOR THE YEAR ENDED 31 JANUARY 2025 11. MOVEM IN FUNDS Nét mov8m8nt in funds At 1.2.24 31.1.25 Unrtxtrl¢t fvnd# General fund 84,838 43245 128.083 TOTAL FUNDS Net mcN8m8nl in funds. iidudgd in tho above aro a8 folloffi.. Irning rgsour¢48 R8soLYces aXP8nded Movement In fiJndB Unrestrbcted fvnds Gen&ral futwj 104.238 {60.993) 43.245 TOTAL FUNDS 60 993) CompaMtl¥•s for mov•m•nt In fun Net movoment in fvnds At 31.1.24 At 1.2.23 Unr•strfct•d fvnds Gon8ral fund 74.893 9,945 64,838 TOTAL FUNDS 9.945 84.838 Cornparatlve n&t movement in fijnds. included in the above are as follo.. In¢oming resour R8SOLfC•S exp8nd8d Movement In fund8 Unr•strlct•d fvndg General fvnd 72.846 102.901) 9.945 TOTAL FUMDS 72.846 A current year 12 months and or year 12 months mbIn9d position is #s fol0. movement in funds At 31.1.25 Al 1.2.23 Unmtrf¢l¢d frJnd¥ Gengral furKI 74.B93 53.190 128.083 TOTAL FVNOS 128.083 Pag&9 Continu1...
WARREN CLARK GOLFING DREAMS LIMITED (LIMITED BY GUARANTEE APID NOT HAVING A SHARE CAPITAL) NOTES TO THE FINANCIAL STATEMENTS • continu•d FOR THE YEAR ENDED 31 JANUARY 2025 11. MOVEMENT IN FUNDS- ¢ontlnu•d A ry9nt ygor 12 month5 and prior year 12 months Combin nst mmant In fvnds. Inthded In th8 ab• aro s foll0v.. InrnIng rewurGg8 R8sourc8s Movem1 expgnd8d In ftdS UnMstrfct•d fvnds Genèral fund 177,084 1123.894) 53.1 TOTAL FUNDS 123 894) 53.190 12. RELATED PARTY DISCLOSURES Thpre were no rdated pty trans8 forthe year •nd8d 31 ary 2025. Pogg 10
WAFIREN CLARK GOLFING DREAMS LIMITED IUMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITALI DETAILED STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 JANUARY 2025 31.1.25 31.1.24 INCOME AND ENDOWMENTS Donatlons and l•gaclo8 Donats"ong Grants 8,295 48.043 29,082 39.082 Inve•tm•nt incom• Rents rncelved 33.764 Total Incomlng rMour¢ 104,238 72.846 EXPENDITURE Oth•rlrndlng actlvliles Mtyg8 Int8r8St 57,525 34,417 Investm•Tht manag•m•nt costs L8gal and Profesal foe 259 1.890 Charltabl• actlvltl Insurance 2,311 Plant and mathinory T16 Support coBts Flnan BankCh08 122 Inforniallon tfjchnology Rapairs and ranowals Totsl r88ourc*s 0XdJ 60.993 62.901 ThIs page do8s not form part of the Stal0ry financial ¥tatwnonts Pag4 11