ST. ANDREWS LEGACY SCIO REPORT AND UNAUDITED Fif4ANCIAL STATEMEN 57 FOR THE YEAR TO 31 AUGUST 2025 COTTISH CHAIUTY fwMBER SC045031
St. Andrews Legaey SCIO Contents of the Report and Unaudited FÈnallcial Statements For the year to 315t August 2025 Pag&9 Trustees, Report Independent Examiner's Rew>rt to the Trustees Statement of Receipts and Payments Statement of Balances Notes to the Accounts 9- 11
St. Andrews Legacy SCIO Tru5tee5' Report For the year to 31" August 2025 Reference and Administrative I rm ion Charity Name St. Andrews Lega¢y SCIO ChJirityNllmber SC045031 Contact Address 6 Kilry'mont Cres, Sl Andrews, Fife KY16 8DT Curyettt Tvustees Brian Evans Beverly S¢lman Carol Mcmahan John Stewart Mark Fisher (resigned 0310912025) CEO Secretary None Carol Mcmahan Independent Ex&miner R.Graham, C.A. BK Plus Liinited. 144 Nethergate, Dundee. DDI 4EB BADkers Santander 47-49 Retomj Street, Dundee, DDI ISW.
St. Andr¢w5 LegAcy SCIO Trustee5' Report For the year to 31" Augusi 2025 Th¢ Tnjstees have pleasure in presenting their report together with the financial statements for the year to 31 # August 2025. Structure Governance alld Man ement Constitution The Charity is a Scottish ChBrit&ble Incorw)rated Organisation (3 SCIO). It was registered on 5th August 2014. The organisation compriscs th¢ Member% and the Board of Tmstees who are eleckd by the MeberS. The people serving on the Board are refetyed to as the Charity Trustees undcr the Con.qtitution. Appolntment of Trustees The Board are ihe charity's Trustees. and they meet as required. M¢mber5hip of the Board is open to anyone the members see fkl to elect at meinbers, meetings including the atUkLEal general meeling. The membeig seek to appoint individuals with the requisite skills lo control, direct and promote the charity. Trustees 81'e elected each year at the annual genei'al tneetiiig. The maximum number of charity Trustees is seven and the minimum number is three. Management The charity is tllanaged by the Ix)ard of trustees. Ob'ective5 and Activities The charity's Mission Statement is as follows. Fye use the Magic ofst Andp'gws and the game ofgolf lo molivale and inspire ill and injwed veterans to Improdhe01lh, Ivell-being andstability. Charitable Pur oses The chhrity's putyoses are: To assist British, American, Canadian and Australian s¢rvic¢men and servicewomen and ex-servicemen and ex-SeiceW0rnen to improve their health which has been seriously damaged in the service of their countries. To assist in itnproving the health of British, American, Canadian and Australian servicemen and servicewomen and ex-servicemen and ¢x-servi¢ewomen who are suffei'ing from cancer in coming to tern]s with their condition. To assist with the education of the children of British, Am¢ri¢an, Canadian and Australian servicetnen and servicewomen who have been killed oi. have suffered lifr changing injuries in the Service of their country. To improve the Chances of r¢covery and conditions of life of others whose health has been seriously damaged by organising I'ecreational activ&ties as part of the recovery process.
St. Andrews Legacy SCIO Trustees, Report For the year to 31" August 2025 USA ConnectlOn5 The charity has a preSee in USA. Funds raised at promotional events there att initially coll¢¢t¢d by St Andrews Lega¢y Inc, a 501c which is a registered charity in Wylie. TX. Any funds raised at events specifically for St Andrews Legacy, are then transferred to our UK bank account and used to fund the veterans, trips. The UK charity does not recoi'd these funds until (hey are transferred over, The UK iruslees, Brian Evans and John Stewart continue in their roles joined by US based trustees Beverly Selman and Carol M¢Mahan. Activities & Achievements Our objedive is always to deliver on our mission statement and to b¢ r¢garded as the best veteran golf programme in the eye5 vfparticipants. A general discussion about the veterans who were in St Andrews for July 2025. All veterans displayed teamwork, camaraderie and an appreciation for being part of the a¢tivities, After a lengthy discussion a unanimous decision was made to bring twelve American and four Welsh veterans to St Andrews in 2026. Six of the American and two of the Welsh vetcrans cliosen will be expcricnccd golfcrs while six American and two Welsh veterans will be inexperienced golfers. The experienced golfer5 will play goll each day at the courses where tee tim¢s will be reserved. The inexperienced veterans will receive lessons and a more limited schedule playing Strathtyrum course in St Andrews. Brian Evans stated that he will provide a lesson plan for the inexperienced veterans. Brian Evans is to identify the appi'opriate Welsh veterans, and Sam Williams will search for the appi'opriate American veterans for consideration.
St. Andrews Legacy SCIO Trustees, Report For the year to 31BI August 2025 Fulure Plans After discussion about which of the veterans from the St Andrews July 2025 trip would be invited to attend the annual Del Rio Golf Club fundraiser it was decided by unanimous agreement that a veteran would be chosen aftei. the veterans week in St Andi'ews. In addition Sam Williams will attend as a speak¢r at the event along with trustees Bria]i Evans and Beverly Selman. Greg Pi'octor (son of St Andrews Legacy founder Graham Proctor) will attend for his second year. Finanei#l Review In 'nornial' times the principal source of income to the charity is from donations and contributions to fund injured veterans as part of theiT recovery. These are generated mainly from the United States of America and are the r¢bLiII of fundraising ¢v¢nls arranged by the Chief Executive OffLcer and sponsors. The charity only reeognises these funds once passed over into its bank a¢count. During the year the charity received £76,550 of income and incurred £44,886 of expenditure. Funds of £70,559 were held in the bank at the year end. At that Ex)int the charity had liabilities estimated at £1.487. Reserves Poli¢ The Trustees, policy is to hold reserves to tneel normal rUT]n&T Lusts and known commilm¢nls for three to six months. At thc year end the resei'ves amounted lo £70.559 following completion of the clwitable actLVlti¢s for the season.
St. Andrews Legacy SCIO Tru5tees' Report For the year to 31" August 2025 Statement of Trustees. Res onsibilities The Trustees are responsible for keeping propel. accounting records. which disclose with i'easonable accuracy at any time the financial position of the ¢harity and enable them to ensure that the financial statements, which they are responsible for preparing, comply with the Charities Accounts (Scotland) Regulations 2006 (As amended) and the terms of the Charity's Constitution, The applicable law also sets out the responsibilities of ihe Trustees for th¢ preparation and content of the Annual Report. Approved by ihe Trustees on . .and signed ( their behalf by:" Beverly Selman (Trustee)
St. Andrews Legacy SCIO Independent Examiner's Report ¢0 the Trustees of SL Andrews Legary SCIO For the year to 3l" August 2025 report on the accounts of the charity for the year to 3 1st August 2025 which are set out on pages 8 10 12. Res ective Res onsibilities of the Trll$lees and Examiner The charity's Tn]st¢es are respon8ible foi. the preparation of the accounts in accordance with the ternis of the Charities and Trustee Investment (Scotland) Act 2005 1"the 2005 Acl"} and the Charities Accounts. (Scuiland) Regiilalions 2006 (as amended) {"the 2(M)6 R¢gulations")- The chai'ity's Trtee9 consider that the alt reqLllI'emenl of Regwlalion l O(l)(d) of the 2006 Regulations does not 8pply. It is my responsibility to examine and report on the a¢¢ounls under section 44(1)(c) of the 2005 Act and to state whether particular matters have COEne to my atleiition. This report is made to the Trustees, as a body) in accoi'dan¢e with the lernis of my engagement. My work has been undertaken so that I might slate to the Trustees those matters l am i'equii'ed to state to them in an indcpcndcnt cxaminei s i'eport and for no other puryjtsse. To the fullesl extent pennitted by law, I do not accept or assume responsibility lo anyone other than the charity and the TruslL*s foi. my work or for this report. Basis of Inde endent Examiner's stteMeI My examination is carried out in accordance with Regulation I l of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with Ihose records. It also includes consideration of any unusual items or disclosure5 in the accounts and seeks explanations from the Trustees concerning any such matlers. The procedures undertaken do not provide all the evidence that would be rcquircd in 8n audit and consequently I do not express an audit opinion on the view given by the accounts. Inde endent ExAmincr'5 Statement In the course of my examination no matter has come to my attention- which gives me reasonable cause to believe that in any material respect the requirements.. . to keep accounting records in a¢¢ordance with Section 44{1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and to prepare accounts which accord with the a¢¢ounting records and comply with Regulation 8 of the 2006 Regulations have not b¢¢n mel, oi- 2. to which, in my opinion, attention should be drawn to the following in order to enable a proper understanding of the accounts to be reached.
SL Andrews Legaey SCIO Independent Examiner'5 Report to the Trustees of St. Andreiys Legaey SCIO (cont'd) For the yeAr to 31" August 2025 Ross Graham C A BK Plus Ltd Chartered Accountants 144 Nethergate, Dundee. DDI 4EB. Dated £1 Ibr IIG
St. Andrews Lega¢y SCIO StatemeRt of Receipts thnd Payments For the year to 31" August 2025 Uni'eslricled G¢n¢ral Funds 2025 Unr¢slricted General Funds 2024 Donations Receipts from fundraising activities Receipts from Other charitable activities Bank interest 4,864 48,192 76,550 Total Receipts 76,550 53.056 Pa ments Expenses for fundraising Cost of charitable aclivities Salary costs Oiher support & administration 305 38,976 2,880 12,808 5.605 4,294 Total PAyment5 44,886 19,982 {DeficitySurplus for the year 31.664 33,074 The notes on pages 9-1 I forn] an integral part of these accounls.
SL AndrewB Leg8ey Scto Statement of B414nces As fft311t Augu8t2025 Ut)restri¢ted UnT¢8¢rlcled Fund Surplus lthvd O)eficitySurplus for tho period 38.895 31.664 5,821 33,074 70.559 38,895 70.559 38,895 Thellote5 oTrpagca 9-11 flm an inte1 part of tha¢ &¢cow* Approv¢d by thoTTUStees and outhoris¢d for issuo on.. . .. Beverly Seltllttll
Si. Andrews Legacy SCIO Notes to the A¢count5 For the year to 31J* August 2025 Princi al Accountin Policies Basis of Accountin These accoiints have been prepared on the Receipts and Payments b8Si5 in accordance wilh the Charities & Trustee Inv¢stment (Scotland) Act 2005 and thc Charitics Accounts (Scotland) Regulalions 2006 (as amended). Nature and Pu of Funds All funds al'e unreslricled. UniEstri¢l¢d funds ar¢ those that may be used at the disci'etion of the Trustees in fUrth'anCe of the objects of the charity. The Trustees maintain a single unrestricled general fund for the day-to-day running of the charity. Forei Currenc Tngnslation Transactions in forei) currencies are recorded al the rate ruling at ihe date of the Iransaction. All dtffer¢nces are taken to the General fvnd. Income Donations to the charity are recognised on receipt. 2 Related Part Transactions There were no related party transactions in the year. The Trustees do not receive any remuneration from the charity, nor wer¢ there any other Iran5actions with Tyuslees dwing the period £nil (2024. £nil). Beverly Selman has assisted in the rutming of the charity for many years, and as well &s being ppointed as a trustee, is now also the treasurer. The Illtees approved travel expenditure of £1,637 {2024. £1,081) lo finance her flights to the US, in compensation for this assistare. Control of th¢ Charity lies An the hands of the hands of the trustees with day-to-day managetnent by the secretary.
St. Andrews Legacy SCIO Notes to the Accounts For the year to 31" August 2025 5 Income 2025 2024 Donationi Donations re use of Tee Times Refund of Tee times (Links Trust) 1,000 3,864 4,864 Receipts from Fundrni5ing Fundraising from Del Rio Othei- Fundraising 76,550 48.192 76,550 48,192 Receipts from Other Charitable Activities Bank Interest Tolal Income 76.550 53,056 10
St. Andrews Legacy SCIO Notes to tbe A¢count$ For the year to 31sI August 2025 6 Ex enditure The expenditure of the charity was incurred on the following ¢xp¢nses; 2025 2024 Expenses for Fundraising Flig.his (BS & GP) Plaque for Del Rio 2,080 800 305 305 2,880 Costs of Charitable Activities Tee Times Veteran's Flight8 Veteran's Accommodation Vetei3n's Trnnsport Veteran's Other Expenses 21.866 6,892 3,250 2,559 4,409 1,297 4,019 2.915 4,577 38,976 12.808 Salary Costs Support and Administration Independent Examination Printing and Photography Trustee Travel & Meeting Costs Bank Charges Google Charges Donations Storage costs Gift Vouchers 1,416 218 2,663 90 218 700 300 1,200 800 1,689 99 184 322 5.605 4,294 Total Expenditure 44,886 19,982