## **Trustees Annual Report for the period from 1 August 2023 to 31 July 2024 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 Trading Address:-** Langaton Lane, Pinhoe, Nr Exeter, Devon ## **Charity Trustees:-** ||||| |---|---|---|---| |**Name**|**Office**|**Dates Acting**|**Appointed by**| |George Cann|Custodian Trustee|Whole Year|Annual General Meeting| |John Pullen|Custodian Trustee|Whole Year|Annual General Meeting| |Jim Newton|Custodian Trustee|Whole Year|Annual General Meeting| |Michael Taylor|Chairman|Whole Year|Annual General Meeting| |Chris Burrow|Vice-Chairman|Whole Year|Annual General Meeting| |Lindsay Agates|Secretary|Whole Year|Annual General Meeting| |Robert Beard|Treasurer|Whole Year|Annual General Meeting| ## **Principal Bankers** NatWest Bank PLC, 18, St Thomas Centre, Cowick Street, Exeter, Devon EX4 1DE ## **Structure, Governance & Management** The governing document is the constitution as revised in January 2025. The charity is an unincorporated association The officers of the charity are elected or re-elected annually at the Annual General Meeting held in the Autumn. ## **Objectives and Activities** The object of the 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 defence of the realm in times of peril. **Page 1 of 2** ## **Trustees Annual Report for the period from 1 August 2023 to 31 July 2024 for** ## **Pinhoe Rifle Club trading as Pinhoe 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 requirements for membership especially to the young, disabled and blind persons. The club provides a venue for members to meet, socialise, 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 also be for the public good as Pinhoe ’ s community facilities are presently fully utilised and yet the village has grown and is growing further with new housing. The club hosted an agricultural show for chicken breeders to show off their birds during the year. ## **Summary of the main achievements of the charity during the year** The club has continued to go from strength to strength by continuing to devote 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, Air rifle, Air pistol and Lightweight Sport Rifle groups have grown considerably. The Charity hosted youngsters from a local Pony Club every week so that they could learn to shoot Air Pistol during the year. ## **Financial Review** Club receipts rose from £72,249 to £85,010 during the year due to increased membership, sales of ammunition and donations. Payments amounted to £78,859 compared to £89,003 last year resulting in a surplus of receipts over payments of £6,151 compared to a deficit last year of £16,575. The club also increased its stocks of ammunition and targets to ensure continuity of supply for members during a time of shortages in the marketplace. Due to the sound financial position of the club individual members subscriptions did not need to be increased during the year. Cash and Bank balances increased from £10,388 last year to £24,800. The charity’s assets are now worth in the order of £500,000. The club had an excess of income over expenditure of £21,376 compared to £14,240 in the previous year. The charity has only one general fund. The charity has no desire to accumulate funds unnecessarily. Reserves at 31 July 2024 were £191,666 compared to £164,170 last year. ## **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** **Page 2 of 2** ## **`Receipts and payments accounts for the period from 1 August 2023 to 31 July 2024`** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
Section A Receipts and payments
£ £ £ £ £
A1 Receipts
Green and guest fees 3,675 - - 3,675 4,276
Subscriptions and storage 35,496 - - 35,496 29,654
Ammunition sales 22,443 - - 22,443 14,499
Loans from members 3,849 - - 3,849 6,718
Interest on deposit accounts 86 - - 86 -
Other income 4,286 - - 4,286 2,724
Grants received - 11,600 - 11,600 13,756
Donations 3,259 - - 3,259 803
73,094 11,600 - 84,694 72,429
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
Sale of surplus club guns 316 - - 316 -
- - - -
Sub total 316 - - 316 -
Total receipts 73,410 11,600 - 85,010 72,429
A3 Payments
Ammunition 27,209 - - 27,209 18,391
Targets 3,130 - - 3,130 1,483
Other shooting costs 1,967 - - 1,967 2,042
Property costs 9,126 - - 9,126 6,468
Administration expenses 4,710 - - 4,710 1,507
Repayment of Loans 10,000 - - 10,000 10,272
Independent Review 1,560 - - 1,560 -
Training Course Materials 1,704 - - 1,704 -
Sub total 59,406 - - 59,406 40,162
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
Section A Receipts and payments - Continued
£ £ £ £ £
A4 Asset and investment
purchases, (see table)
Property Improvements 2,861 11,600 - 14,461 45,121
Equipment and Guns 4,992 - - 4,992 3,720
Sub total 7,853 11,600 - 19,453 48,841
Total payments 67,259 11,600 - 78,859 89,003
Net of receipts/(payments) 6,151 - - 6,151 - 16,575
A5 Transfers between funds - - - - -
A6 Cash funds last year end 10,338 - - 10,338 26,913
Cash funds this year end 16,489 - - 16,489 10,338
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|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||| |---|---|---|---|---| |**Categories**
-
**B1 Cash funds**|**Details**|**Unrestricted**
**funds**
**£**|**Restricted**
**funds**
**£**|**Endowment**
**funds**
**£**| ||Cash in Hand
Bank Current Accounts
Bank Deposit Accounts
Investment Accounts|**701**
**5,769**
**10,019**
**-**|**-**
**-**
**-**|**-**
**-**
**-**| ||
**_Total cash funds_**
(agree balances with receipts and
payments account(s))|**16,489**|**-**|**-**| |||OK|OK|OK| - **----- Start of picture text -----**
Section B Statement of assets and liabilities at the end of the period - Continued
Details £ £ £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Fund to which Current value
Cost (optional)
asset belongs (optional)
Details
B3 Investment assets - -
- -
- -
- -
- -
Fund to which Current value
Cost (optional)
asset belongs (optional)
Details
B4 Assets retained for the Property improvements Unrestricted 14,461 -
charity’s own use Equipment and Guns Unrestricted 4,992 -
- -
- -
- -
- -
Section B Statement of assets and liabilities at the end of the period - Continued
£ £ £
Fund to which Amount due When due
liability relates (optional) (optional)
Details
B5 Liabilities Member's Loans Unrestricted 70,123 10 years -
On demand
General Creditors Unrestricted 9,784
-
-
Signed by one or two trustees on Signature Print Name Date of
behalf of all the trustees approval
Robert Morgan Tansley Beard
Michael Bernard Taylor
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## **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 (attached) for the period ended 31 July 2024. ## **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: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. 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: 28 July 2025