GET GOLFING CIO
Financial health, per its FY2023 accounts
The accounts state that total funds increased to £3,961,708, but free/unrestricted reserves are negative at £-3,462,288 after deducting fixed assets and restricted funds. The Trustees note that the charity is almost entirely self-funded through commercial activities and that surpluses are reinvested into facility improvements and community engagement.
What the accounts disclose
“After deducting fixed assets and Restricted funds, the free reserves totalled £-3,462,288 (2022 : £-2,150,988). These figures are as at 31 December 2023 which is during the quieter season of golfing activity. The Trustees have agreed that during 2024 the charity will build up reserves.”
“The active subsidiaries as at the end of the year under review were Get Golfing Trading Limited and Get Golfing Retail Limited. Buckfield Park Limited was dormant throughout the year.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Claerwen Roberts
- David Hugh Jenkins
- JULIAN COVEY
- James North
- Laura Curtis
- Therese Swanson
- Tomasz Mazgaj
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £22.1m | £22.1m |
| 31/12/2023 | £19.1m | £18.3m |
| 31/12/2022 | £14.7m | £14.6m |
| 31/12/2021 | £12.3m | £12.4m |
| 31/12/2020 | £6.6m | £5.9m |
Common questions
Is GET GOLFING CIO financially healthy?
The accounts state that total funds increased to £3,961,708, but free/unrestricted reserves are negative at £-3,462,288 after deducting fixed assets and restricted funds. The Trustees note that the charity is almost entirely self-funded through commercial activities and that surpluses are reinvested into facility improvements and community engagement. Its FY2023 accounts were audited by Magee Gammon Corporate Limited.