P G A EUROPEAN TOUR BENEVOLENT TRUST
The Trust is established for the relief of poverty amongst members and former members of PGA European Tour and others whose main livelihood is or has been earned by providing services to professional golf together with their dependents.
Objects
THE RELIEF OF POVERTY AMONGST MEMBERS AND FORMER MEMBERS OF PGA EUROPEAN TOUR AND OTHERS WHOSE OR WHOSE MAIN LIVELIHOOD IS OR HAS BEEN EARNED BY PROVIDING SERVICES TO PROFESSIONAL GOLF TOGETHER WITH THEIR DEPENDANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,124,110, which the trustees consider adequate to meet anticipated needs for the foreseeable future. The charity reported a net decrease in funds of £3,262 for the year, driven by charitable expenditure exceeding investment income. The trustees confirmed the charity is a going concern with adequate resources for at least 18 months.
What the accounts disclose
“On this basis the Trustees have concluded that the reserves held at 31 December 2025 of £1,124,110 (2024: £1,127,372) unrestricted and £1,500 (2024: £1,500) restricted are adequate to meet anticipated needs for the foreseeable future which is the main aim of the Trust.” — page 5
Structured financials (annual return, FY ending 31/12/2021)
Register events
- Received assets from another charity (28/10/2021)
Trustees
- David Jones
- James Stephen Spence
- MARK ROE
- ROBERT LEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £54k |
| 31/12/2024 | £33k | £71k |
| 31/12/2023 | £15k | £39k |
| 31/12/2022 | £39k | £73k |
| 31/12/2021 | £1.1m | £71k |
Common questions
Is P G A EUROPEAN TOUR BENEVOLENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,124,110, which the trustees consider adequate to meet anticipated needs for the foreseeable future. The charity reported a net decrease in funds of £3,262 for the year, driven by charitable expenditure exceeding investment income. The trustees confirmed the charity is a going concern with adequate resources for at least 18 months. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.