ST ANDREWS LEGACY SCIO REPORT AND UNAUDITED FINANCIAL STATEMENTS ST FOR THE YEAR TO 31 AUGUST2024 SCOTTISH CHARITY NUMBER SC045031
St Andrews Legacy SCIO Contents of the Report and Unaudited Financial Statements For the year to 315t August 2024 Pages Tntee9, Report Indendent Examiner's Report to the TrlteeS Statement of Receipts and Paytnenls Statement of Balances Note5 to the Account5 io- 11
St AndreTrvs Leg*cy SCIO Trnste. Repvrt For the year to 31" August 2024 Referenee and Admiiiisti'jtive IroYtION Chai4ty Name St Andrews Legacy SCIO Charlty Number SCIJ45031 COnt¢t Addre55 6 Kilrymont Crestent, St Andrews, Fif¢ IIY16 8DT Curreiit Trusteey Sefretoiv IndepeiideDI Examiner PK I)his l.iiiiitcd. 144 N¢ih¢rgat4 Dundx. DDI 4EB Bankers SantsDdci 145 m.ket Str 8t Ai)drew8,
St Andrews Legacy SCIO Trustees, Report For the yeJ)r to 31Jl August 2024 The Trustees have pleasure in presenting th¢ir report together with the financial statements for the y¢ar tt) 315% Augult 2024. Structure Governance MAna ement Constitution The Charity is a Scottish Charitable In¢orporatcd Organisation (a SCIO). It was Yegistered on 5th August 2014. The oi'ganisation comprises tlie M¢mb¢i'5 dnd the Board of Tiwstees who arc ¢le¢led by tlie Members. The pcopl¢ serving on the Board are referred to as the Charity Trust¢es under ihe COlItution. Appolntment of Trustees The Board are thc ch2rity's Trustees, and they meet as required. Membe)3hip of the Board is open to anyone th¢ metnbci'5 s¢¢ fit to elect at members, mcctings including Éhc annual gen'al meeting. The members seek lo appoint indiyiduals witli the requisit¢ skills to contiDI, direct and promotc ihe charity. Trustees are ele¢ted each year at the annual general meeting. The n]aximum nutnbw of charity Trustees is seven and ihe minimvm number is three. Management The charity is managed by the board of trustees. Ob'ectives and Activities The charity's Mission Statement 1$ as follows. Wg tise the Magic ofSIAndi'eivs ond rhe gamg ofgolf lo motivate andinspii'e ill ond injiired veterans ¢0 improved health, Trvell-beFng ad stability. Charitable Pur Oses TJ)e chaj'ity's piityoses are: To assist Britl5h, American, Canadian and Australian servicemen and s¢rvicewomen and ex-seryicemen and ex-servicewomen to Èmprove their health which has been seriol1y dainaged in the se]¢¢ of Iheir countries. To assist in improving ihe health of British, American, Canadian and Australian s¢rvirKin¢n and servicwom¢n and ex-servicemen and ex-scrviccwomen who suffng from cancer in coming to tern with their condition. To a5SlSt with the education of the children of British, Am¢ri¢an, Cgnadian and Australian servic¢m¢n and servicewoinen who hav¢ en killed oi. have suffeyed lift changing injuries in the s¢1¢¢ of their coLinty. To improve the chances of ircovery and conditions of lif¢ of Othe whose h¢4lth has been ser&ously damaged by organising recrcational activities as part of the recovery process.
St Andyews Legacy SCIO Tiwtees• Report For the year to 31. August 2024 USA Connections The eharity has a presence in USA. Funds I'aised at promotional events th¢r¢ inittally collected by St Andrews Legacy Jnc, a 501¢ which As a registered charity in Wylie, TX. Any funds raised at events specifi1]Y for St Andrews Leg&cy, are then transfen'ed lo oiir UK bank account, nel of any fundraising expendituve incurred, and iiscd ta nd the veterans. trips. The UK charity does not record these fidS until they arc transferred over. The UK trustees, Byian Eva. John Stswart & Mark Fi5h?r continu¢ in th¢ir roles joined by US based trustees Beverly Selman and CaiY)l MeMah#n. Activities & Achievements Our objective is always to dclivcr on our mission statement and to be iTgarded as the best veteran golf pi'ogratnme in the eyes of parti¢ipants. During recent years activities had to be cuita11 following the death of oui. founding CEO and the impa¢l of the Covid-19 pand¢mi¢. Whilst fundraising and networkillg continued in thc USA, it was not possible to bring any veterans over to the UK for several years. Cons¢quenily, no funds were passed to the charily from the US charity during 2021 and 2022. In 2024 a gi'oup of foiir American veteA'ans, thr¢¢ Efiglish veterans attd one Welsh veterdn along with their siipport perso1 W¢ brought lo Si Andrews for a week of rehabilitation thyoiigh Ihc use of golf, providing golf tuition as well as the opportunity lo play a number of th¢ lop golf courses in St Andrews and outlying areas. In additinn, e2ch veteran was able to gain support from their brothers in amis by shatiwlg their stori¢5 of military 5¢1vic¢ and diSciS their entities. Something that vetcrans 8ametimes.%truggle to talk about but can do so when sharing with a fellow vctcran who has been through their own traumatic cxpcricncc. Thc Royal and Ancient Golf Club and Links TTUSt aye very supportive of the charity and prgvide the opportunity for veterans to play the world-famous Old ColSe in St Andrews.
St Andrews Lega¢y SCIO Trustees, R¢por¢ For the ye8r to 31 August 2024 Future Plan5 In July 2025 Legacy plans to brsng v¢leYans from U S and U K. The R&A, St Andrews Limks Trwt, St Andi'ews University golf team, local businesses ld local r¢sid¢nls giv¢ support to the visiting veterans. Our largesl nd-raising soiwce Del Rio Golf Club in Modcsto California has been committed to supp)rt to the charity for the past eleven years and assLire that 5UPPOrt will ¢vnlinue. Del Rio donations have gi'own ¢ach ycar with 2023 being a ireord year for donations. Funds raised are held in both Chase Bank (US) and Santander Bank {UK). St AndtEws Legacy will continue to search for like additional commitments from other sources. Financial Revie In 'normal' times thc prinripal source of income to the chai'ity is from donations and contributio1 to fund injured vetettms as part of their recoveiy. These a]E gen¢rat¢d mainly from the United States of Ajneiica and are the result of fimdraising events arrnnged by the trustees and sponsors. Th¢ ¢harity only r¢cognises these funds on¢¢ pass¢d oyer into its bank account. During the year the charity received £53.056 of income and in¢un¢d £19,982 of expenditw'e. Fun¢Lq of £38.895 w¢re held in the bank at the year end. At the year end the charity had liabtltties estimated at £1,320. Reserves Poli The Tiust¢¢s' policy ig to hold Yeserves to meet nom)al running costs and known ¢ominitments for three to six months. At the yeai. end the i'¢serycs amounted lo £38,895 following completion of the charitable activiti¢5 for the season.
St AndreTrv3 Legacy SCIO Trustee5' Report For the year to 31" August 2024 Statement of Tiyslees, Rc5 ibiliti The Tri]stees are r&spollsible for keeping prOr accounting tecords. whtch dis¢los¢ with reasonable accurncy at any IiTnC tbe fin¢11 position of the charity and enable thcrn to cn5urc that th¢ finanLial slateincnt5, Nvliich they are responsible lor preparing, comply with the Charities AccoLints (Scotland) Rcgulali0 2006 (as ameiided) and the terms of the charity's Constitlltion. The applicable law a150 sets out the respollsibilities of lh¢ Tru5tres for the preparation and content of the A[ al Report. Approved by the TIu5tees on .. signed on their behalf by:"
St Andvews Legacy SCIO Independent Examiner's Report to the Trustees of St. Andrews Legacy SCIO For the year to 31" August 2024 I report on the accounts of the charity for the ye. to 31st Augiist 2024 whtcb are set oiit on pages 7 to I l. Res ectlve Res onsibilities of the Trustees gnd Examiner The chaiity's Trustees are responsible for the pi'eparation of the accounts in accordance with the tenns of the Charities and Tiwstee Investinent (Scotland) Act 2005 ("the 2005 Act") and thc Charitics Accounts (Scotland) R¢gulations 2006 (as am¢nded) ('Ihe 2006 Regulations"). Th¢ charity's Trustees consider that the audit requirement of Kegulation 10(I){d) of the 2006 Regulations does not apply. It is my ie5ponsibility to examine and report on the accounts under seetion 44(IXc) of the 21)05 Aet and to state whethei. particular matters have come to my attention. This report is made to the Truslees, as a btxly) in accordance with the ternis of my engagement. My work has been undertaken so that I might state to the Trustees those matters l am required to state to them in É independent examiner's report and for no other purpose. To the fullest exlent pennitted by law, I do not accept or assume responsibility to anyone other than the ¢h8rity and the Trustees for my work or foi. this report. Basis of Iild¢ endent Examiner's Stgtement My cxamination Ès Can'1 out in accordanee with Regulatitsn I l of the 2006 Regulations. An ex&min2tion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also include5 Consideration of a]iy unusual item5 01. disclosures ill the a¢¢oun15 and 5¢¢ks explanations from the TISteeS eoncerning any such matters. The procedl'eS undertaken do not Evovide all the evidence that would be Irquir¢d in an audst and consequ¢ntly I do not ¢xpr¢$5 an audit opinion on the view given by the a¢wunls. Irtde endent Examlner9s Statement In the ¢ours¢ of my ¢xamination no matter has come to my att¢ntion- whi¢h gives me asOnable cause to believe that in any material respect the requirements.. - lo k¢¢p aowunlitig (9¥d5 in aw0rdall with SKlion 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and io prepare a¢¢oiints which 01'd with the accounting iE¢oi'ds and ¢omply with Regulation 8 of the 2006 Regulations have not been mel, or 2. to which, in my opinton, attention should be drawn to the following in order to enable a proper UndetandIng of th¢ ac¢ount5 to be reached.
St Andrews Legacy SCIO Independent ExAmlner's Report to tbe Trus¢e¢s of St. Andrews Le%Aey SCIO (cont'd) For the year to 31" August 2024 W VLLLS LIJ 144 NetheiBate. Diindee. DDI 4F.B. Bli Plu& LIL,. Chartercd certifi Awountants Dated 2olS
St Andreivs Legaty SCIO Statement of Receipts Payments For the yeAr to 31" August 2024 Unrestricted General Funds 2024 UnS.1ct Genei'a Funds 2023 ei Donations Reecipts from fundraising activities Rwcipts froin Oth¢r cliaritabl¢ a¢tiviti¢s Bank interest 4,864 48,192 Tolal Receipts 53.056 Pa ments Expenses for funthzising Cost of charitable activities Othcr support & admiiiistration 2.880 12,808 4,294 65 4,884 TotAI Payments 19,982 4,949 {DefieltySurplus for the year 33,074 (4,949) The noies on pagc$ 9-1 I forni an inlcgrdl part of Ihcsc acwunts.
Sl Athdmvs L1Y SCIO StYÉtement of Bal*rtCQg As at 3191 August 2024 Unresti'iLteil G¢n¢i"al Fund UJ)resti'icted FuEJd SurplLlS blcivd {DefiLitySurplus fur th¢ tiOd i,821 33,074 0,770 (4,949) BBnk Ad C&sh Balances 38.895 5,821 Rank Ace(Junt 38.895 5.821 Lidbilill¢g Independent Examiner's fee The notes on pages 9-1 I foiin an integral pdrt of these aLeoiiii AppToved by the Trustees ond lluihorised for issu¢ on...
St Andrews Legaey SCIO Plotes to the Accounts For th¢ ye8r to 31" August 2024 rinci al Accountin Poltcies Basi5 of AOuntin These a¢¢ounts have been prepared on the Receipts and Payinents basis in accordance witl) thc Charili¢s & Trustee Invesiment (Scotland) Act 2005 and the Chai'itics Accounts (Scotland) Regulations 2006 (as amended). Nature and Pu osc of Funds All funds are unrcqlrict¢d. Unrcstrietcd Mnds are those that may be used al the discretioll of the Trustees in fLlrtberance of the objects of the charity. The Trustees maintain a single un]EStricted g¢n¢val fund forthe day-to-day ruTlg of th¢ chai'ity. Forei n CuiY¢n Translation Transactions in foreign currencies are iE¢orded at th¢ ratr rulin8 at the date of the transaction. All differences are taken to the General fi]nd. Dollations to the ¢harity are recognised on receipt. 2 Related P Trdnsactions Beverly Selman is a Irustee and the Ireasurer of the charity. Shc att¢nd5 to administration matters in the US a$ well Js the fundraising cotmeetion with Del Rio Golf Club. The tt'ustees approved irav¢l expenditure of £1,081 (2023. £1,404) to finance hcy flights to ihe US, in re12tioii to thig. There were no other related ptY tt'ansactions in the year. The Trustees do not receive any remuneration from the charity, nor were theie any other transa¢lions with Trustees during the period £nil (2023- £nil) Oth than reported above in Note 2. 4 Control Control of the charity lies in the hands of the hands of the trustees with day-lo-day managetnent by th¢ secretary.
io St Andrews Leg*ty SCIO Notes to the Accounts For the year to 3]" August 2024 5 Income 2024 2023 Donations Donation re use of Tee Times Refund of Tec Timos (Links T¥ust) 1,000 3,864 4.864 Receipts from Fundtaising Fundraiging from Del Rio (net of US expeJl) OtheT Fundraising 48.192 48,192 RCipl$ from oih¢r Charitabl¢ Activities Bank Interest Total Income 53,056
St AndiYw3 Legacy SCIO Notes to the Accounts For the yeAr to 315t August 2024 6 Ex enditure Th¢ ¢xp¢ndilure of the ¢harity was incunEd on the following expenses. Expenses for Fundraising Flights (B8 & CIP) Plaque for Del RÈO 2,080 800 2,880 Costs of Charitable A¢tÉvities Tee Times Veteran's Flights V¢l¢ran's A¢¢ommodation Veteran's Other Expeiises 1,297 4.019 2,915 4,577 65 12,808 65 Salary Costs Siipport and Adminislration Ind¢p¢iid¢nt ExamnatIOn Printing and Photogiaphy Trllltee Travel & Meeting Costs Bank Charges Gnijgle Charges Gift Vollchei's 1.200 800 1,689 99 184 322 2,400 233 1,695 166 300 4,294 4,884 Total Expenditure 19,982 4,949