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.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £1,127,372, which the Trustees consider adequate to meet anticipated needs for the foreseeable future. The charity reported a net movement in funds of £2,449 for the year, supported by investment income of £32,552 against charitable expenditure of £70,611. The Trustees confirmed there are no material uncertainties relating to the charity's ability to continue as a going concern.
What the accounts disclose
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 FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £1,127,372, which the Trustees consider adequate to meet anticipated needs for the foreseeable future. The charity reported a net movement in funds of £2,449 for the year, supported by investment income of £32,552 against charitable expenditure of £70,611. The Trustees confirmed there are no material uncertainties relating to the charity's ability to continue as a going concern. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.