## **JGS Foundation (SCIO)** 

## **Trustees’ Annual Report** 

## **and Receipts and Payments Accounts** 

**for the year ended 28 February 2025** 

**Charity Number: SC051603** 



## **JGS Foundation (SCIO)** 

## **Report and Financial Statements For the Year Ended 28 February 2025** 

|**Contents**|**Pages**|
|---|---|
|Trustees’ Annual Report|2 - 3|
|(including Reference & Administrative Information)||
|Report of the Independent Examiner|4|
|Receipts and Payments Account|5|
|Statement of Balances|6|
|Notes to the Financial Statements|7|



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## **JGS Foundation (SCIO) Trustees’ Annual Report For the Year Ended 28 February 2025** 

The Trustees are pleased to present their report and the financial statements for the year to 28 February 2025. 

## **Objectives & Activities** 

The charitable objects of the JGS Foundation (SCIO) (‘the Foundation’) are the advancement of health, education and public participation in sport, the organisation of recreational activities and the promotion of equality and diversity. 

In furtherance of these aims, the principal activities of the Foundation will be the organisation and delivery of golf events and competitions for children and young people, and the provision of junior golf coaching for children and young people. 

## **Achievements & Performance** 

During the period under review in this report, activities included running junior golf coaching sessions, primarily based in East Kilbride.  The Trustees are grateful for the continued support of Golf East Kilbride Ltd for making facilities available for this coaching. The focus on running junior coaching sessions is to meet the objective of advancing education and participation of children and young people in sport.  In addition, a series of golfing events were delivered throughout the year across Scotland.  The running of events directly supports the purpose of organising recreational activities for children and young people to give them opportunities they may not otherwise have. 

## _Future Plans_ 

The Trustees are committed to continue growing the game in Scotland.  The primary focus for the immediate future will be through more coaching activities.  As the golf market continues to change and junior golfers are offered more and more opportunities to play in different events, JGS Foundation can act as more of a flagship for introducing juniors to the game at a learning level and take a step back temporarily from the events side of things. 

## **Financial Review** 

Receipts of £5,370, consisting donations and income from running events, were used to support junior golfing events across Scotland.  There were payments of £6,404 during the year, mostly direct costs of running junior golfing events and coaching camps, as well as awards and other expenses.  There were net payments of £1,034, resulting in a balance of £41 being carried forward in unrestricted funds. 

## _Reserves Policy_ 

In the initial phase of development of the charity, no significant reserves have been built up.  The Trustees will consider an appropriate reserves policy as the charity becomes fully operational in the future. 

## **Structure, Governance & Management** 

JGS Foundation (SCIO) is a Scottish Charitable Incorporated Organisation (SCIO).  The Trustees, who are also the members of the charity, have no liability in the event of the charity being wound up.  The charity is governed by the terms of its constitution and was incorporated as a charity on 22 February 2022 as a registered Scottish charity. 

The initial Trustees were appointed as part of the charity application process and have remained in post as Trustees to the present date.  Under the charity’s constitution, Trustees other than the initial Trustees are appointed by the Board.  The Trustees are responsible for the overall management and control of the charity and have regular meetings.  The minimum number of Trustees is 3 and the maximum is 5.  Trustees resign by rotation at the AGM and are eligible for reappointment. 

Members of the Board of Trustees are listed on page 3 together with other reference and administrative information.  None of the Trustees have a financial interest in the charity. 

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## **JGS Foundation (SCIO) Trustees’ Annual Report (continued)** 

## **Reference & Administrative information** 

## _**Charity registration:**_ 

Scottish Charitable Incorporated Organisation SC051603 

_**Registered Office:**_ 

5 Hazelwood Avenue Newton Mearns Glasgow G77 5PT 

## _**Trustees**_ 

The Trustees serving at the date of this report are listed below: 

The following also served as a Trustee during the year: 

## _**Independent Examiner:**_ 

Paul Clelland Accountancy 74 Norse Road Glasgow G14 9EF 

Approved by the Trustees and signed on their behalf by: 

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## **Report of the Independent Examiner To the Trustees of JGS Foundation (SCIO)** 

I report on the accounts of the charity for the Year Ended 28 February 2025 which are set out on pages 5 to 7. 

## **Respective responsibilities of Trustees and examiner** 

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (the 2005 Act) and the Charities Accounts (Scotland) Regulations 2006, as amended. 

The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply.  It is my responsibility to examine the accounts as required under section 44(1) (c) of the 2005 Act and to state whether particular matters have come to my attention. 

## **Basis of independent examiner's statement** 

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. 

## **Independent examiner's statement** 

In the course of my examination, no matter has come to my attention 

1. which gives me reasonable cause to believe that in any material respect the requirements: 

   - to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and 

   - to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations 

have not been met, or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

**Date:** 30[th] November 2025 

Paul Clelland Accountancy 74 Norse Road Glasgow G14 9EF 

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## **JGS Foundation SCIO** 

## **Receipts & Payments Account for the year ended 28 February 2025** 

||**Total Funds**|**Total Funds**|
|---|---|---|
||**2025**|**2024**|
|**Receipts**|**£**|**£**|
|Donations|**7**|10<br>|
|Income from charitable activities:|||
|Event income|**5,363**|1,624<br>|
|Sponsorship|**-**|1,000<br>|
|**_Total Receipts_**|**5,370**|2,634<br>|
|**Payments**|||
|Payments relating to charitable activities:|||
|Event costs|**4,008**|1,559<br>|
|Golf training camps|**1,783**|-|
|Awards & prizes|**295**|-|
|Travel & subsistence|**239**|-|
|Other costs|**79**|-|
|**_Total Payments_**|**6,404**|1,559<br>|
|Net receipts in year|**(1,034)**|1,075<br>|
|Surplus for the year|**(1,034)**|1,075<br>|
|Balance brought forward|**1,075**|-|
|Balance carried forward|**41**|1,075|



All activities relate to the charity's unrestricted general fund. 

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JGSI
JUNIOR
oaLF
SCOTLAN
JGS Foundation SCIO
Statement of Balances as at 28 February 2025
Total Funds
2025
Total Funds
2024
Cash funds
Opening bank & cash balances
Surplus for the year
Closing bank & cash balances
1,075
1,034
41
1,075
1,075
Bank & cash balanees are all held in the charivs unrestrieted general fund.
Other assets
Accwed income
Fund
General
74
Liabilities
Accwed expenditure
Fund
General
Approved by the trustees and signed on their behaK'.

## **JGS Foundation SCIO** 

## **Notes to the Accounts for the Year Ended 28 February 2025** 

## **1. Accounting Policies** 

## _Basis of Accounting_ 

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 

## _Nature and purpose of funds_ 

_**Unrestricted funds**_ are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity. 

_**Restricted funds**_ may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. 

## **2. Movements in funds** 

|**Movements in funds**|||||
|---|---|---|---|---|
||**Balance at**|||**Balance at**|
||**1.3.24**|**Receipts**|**Payments**|**28.2.25**|
||**£**|**£**|**£**|**£**|
|**Unrestricted Funds**|||||
|General fund|1,075|5,370|(6,404)|**41**|
|**Total funds**|**1,075**|**5,370**|**(6,404)**|**41**|



## **3. Transactions with Trustees** 

During the year, the charity paid £140 to Junior Golf Ltd, a company under the control of , a Trustee. The amount paid was to meet costs of golfing events delivered during the period in furtherance of the charity's objectives, and was made in accordance with the terms of the charity's constitution. 

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