Trustees Annual Report for the period from l August 202Z to 31 July 2023 for Pinhoe Rifle Club trading as Plnhoe Target Shooting Club In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefit at our committee meetings. The competitions and leagues entered into are designed to further the high degree of skill, self discipline and self confidence to reach a good standard and it is the development of that skill, self discipline and self confidence that is of benefit to the public. The club is open and inclusive to all persons who can satisfy the legal requireTnents for membership especially to the youn& disabled and blind persons. The club provides a venue for members to meet, socialize, discuss their sport and to engage in the running of the charity. The club encourages team participation in open events and shoulder to shoulder shooting in competition with other clubs and participates in leagues for both individual and team target shooting at both county and national levels. Club members have reached the highest level of the sport in being selected to shoot for Great Britain. The committee would also welcome community use of the club's facilities during the daytime when not in use for shooting activities which would a150 be for the public good as Pinhoe's community facilities are presently fully utilized and yet the village has grown and is growing further with new housing. Summary ofthe main achievements ofthe charity duringthe year The club has continued to go from strength to strength having dedicated Wednesday evenings to new members, their induction, training and onwards to club membership. The new ranges are in use every day and membership of the Prone, Bench rest and Lightweight Sport Rifle groups have grown considerably. On 25th March 2023 the club opened our new link building which joins the new extended ranges to our original Llub house and range. James Bevis, 2 distinguished paralympian shooter, cut the i-ibDon to officially open the building. This new link provides a new front entrance to the club, a store room for members clothing and equipment, a super new disabled toilet, a comfortable lounge area with the new duty officer's desk and sign in facilities to welcome members to the building. Funding for the project was largely from a £50,000 grant from Valencia Community Fund together with club funds and most of the fitting out and decorating was done by club members. The car park was also significantly improved. The other significant new project was the installation of a solar panel electrical generation and storage system to mitigate the huge recent rise in energy costs. After initially being let down by East Devon District Council. Valencia Community Fund once again came up with a grant for the club of £46,690 towards the cost with the club contributing the retnainder. Financial Review Club income rose from £27,724 to £42,885 during the year due to increased membership and donations. Net shooting costs were less than the previous year due to the contribution made to funds by the holding of profitable training courses for club instructors and range officers. General overheads rose from £20,167 up to £26,261 with the depreciation on new assets and the increase in grant sinking funds adding £5,028 of the increase. The club had an excess of income over expenditure of£14,240 compared to £5,332 in the previous year. Page 2 of3
Trustees Annual Report for the period from l August 202Z to 31 July 2023 for Pinhoe Rifle Club trading as Pinhoe Target Shooting Club Registered Charity Number:. 269248 Charity's Correspondence Address:. Cyderpress Cottage, 4 Old Bridwell, Uffculme, Cullompton, Devon. EX15 3BU Charity's TradingAddress:. Langaton Lane. Pinhoe, Nr Exeter, Devon Charity Trustees:_ Name Office , Dates Acting Appointed by George Cann Custodian Trustee | Whole Year I Whole Year Annual General Meeting Annual General Meeting l Annual General Meeting Annual General Meeting Annual General Meeting Annual General me.eting Annual General Meeting john Pullen Custodian Trustee | Jim Newton Custodian Trustee Whole Year Michael Taylor I Chris Burrow Lindsay Agates Robert Beard Chairman Whole Year Vice-chairman I Whole Year Secretary l Treasurer ' Whole Year I Whole Year Principal Bankers Natwest Bank PLC, 18. St Thomas Centre. Cowick Street. Exeter. Devon EX4 IDE Structure, Governance & Management The governing document is the constitution adopted in 1998 The charity is an unincorporated association The officers of the charity are elected or re-elerted annually at the Annual General Meeting held in the Autumn. Objectives and Activities The object ofthe club shall be to encourage the sport of Small-bore and Air gun Target Shooting by providing to members and guests. the facilities. instruction. and opportunity to practice and compete in such chosen leagues and competitions as they should wish, and so that, by their improved skill, they will be better fitted to serve their country in the Regular or Reserve Forces or in any other organisation in which their services may be required in the defense of the Realm in times of peril. Page l of3
Trustees Annual Report for the period from l August 2022 to 31 July 2023 for Pinhoe Rifle Club trading as Pinhoe Target Shooting Club The charity has only one general fund. The charity has no desire to accumulate funds unnecessarily. Reserves at 31 July 2023 were £164.170. Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature Full name: Michael Bernard Taylor Chairman Date / 7//21- Page 3 of3
nT•$trkt•d fund5 funds TT Endowmènt fund5 ToLIl funds Last ygar Sedion A Recelpts and paymonts A1 R•cg1 ts Green and uesl fees Subscri tions and slora Ammunition sales Loans from members Interest on de Qsrt accounts Other Income Grants roceived Donations 1,246 22,503 14,146 32.000 29,654 14 99 29,654 14,499 6.718 2.724 13,756 2.724 13.756 803 1,054 51,875 Sub tot•l(Gross incom8 fr)rAR) 72,430 72.430 128,668 A2 Ass•t and Investmont sal. See table Sale ol su Ius club uns 823 Sub tot•1 823 Total rKel ts 72.430 72.430 129,558 A3Pa monts Ammunition Targets Other shooting costs Property cos15 Administration expenses Repayment of Loans Inrlependent Review Viridor Grant Contribulion Sub tol¥l 18.391 1,483 2,042 6,468 1,507 10,272 13,553 2,068 2.254 22,243 297 12,300 720 5,000 58,43S 2,042 6,468 10,272 40.163 Unr•strlct•d fund$ Section A Receipts and payments - Continued 40,163 R•stdct fund$ Endowmènt fund5 Total funds Last year A4 Asset and Inv?stmgnt purchasés,188• tabl•l Property Improvements Purchase of Guns & Equipment 45,121 67,696 3,720 3,720 4,307 Sub total 48.841 48,841 72,003 Tolalp•yments 89.004 89,004 130,438 Net ofrecelpts/{paymentsJ IA5 Transfers be90n fun(Is A6 Cash funds last year end Cash funi*s thls yoar¢nd 16.574 880 26.913 10.338 26,913 27.833 26,913 Section B Statement of 355ets and liabilhtie5 at the end of the period UnTe¥trl¢ted | | Rgstricted fund$ ftjnds Endowment funds C8t8 ori85 Details B1 Cash funds Cash in Hand 439 Bank Curranl Ac¢ounts 9,899
Total Cash funds (age balances with receipts and Ayrn•nEArrniinV_RJ) 10,338 OK OK SectEon B Statement of assets and Ilabllitlos at tho ond of the perlod- Contlnugd D8tails 82 Other monetary assèts Fund to vthich assèt bèlongs Cost loptlonall Current value loptionall Oelails IB3 Invèstmènt assèts Fund to whlch asset belongs Cost loptional) Current value loptlonall. Details Pro I B4 As58ts rètalned for the |charW$ own use Unre5tricled Sectlon B Statement of assets and Ilabllitles at the end of the rlod - Contlnued Él Fund to which liability relat•s Amount due {optlonall When (Iu8 loptionall Detalls Memberf5 Loan3 B5 Llabllltlos Unrestrid8d 79,446 <10 ears GeneTrl Credrtor5 Unrestricted Slgned by ona or Irusttss on behalf of all the trustees Ssnatu Print Name Dale of roval Robert Mtsr n Tansle tha81 B8mard T8Wor Beard
Independent Examiner’s Report to the Trustees of the
Pinhoe Rifle Club trading as Pinhoe Target Shooting Club
Independent examiner’s report to the trustees of Pinhoe Rifle Club (“The Trust”)
I report to the trustees on my examination of the accounts of the Pinhoe Rifle Club for the period ended 31 July 2023.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust’s accounts carried out under section 145 of the 2011 Act and 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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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records.
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.
Signed:
Name: Neil Hitchings FCA
Address: Francis Clark LLP Centenary House Peninsula Park Rydon Lane Exeter Devon EX2 7XE
Date: 16 January 2025