THE ROYAL & ANCIENT GOLF CLUB OF ST. ANDREWS TRUST

1. THE ROYAL & ANCIENT GOLF CLUB OF ST. ANDREWS TRUST 1989-02-10 → present
2. ROYAL & ANCIENT GOLF CLUB OF ST. ANDREWS PRESERVATION TRUST, (THE) 1986-12-31 → 1989-02-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors believe that preparing the financial statements on the going concern basis is appropriate due to assurance the Directors have received from R&A Trust Company (No.1) Limited ('the group'), that the Group will support the company as necessary, and has the ability to do so, until the end of the period considered by the Directors in their going concern assessment, being the period from the date of approval of the Annual report and Financial Statements to 31 December 2026. As a result of the group going concern assessment described above and the confirmation received that the group will support the company as necessary and has the ability to do so, to 31 December 2026, the Directors have a reasonable expectation that the company has adequate financial resources to continue to operate for at the period of the assessment to 31 December 2026. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. THE ROYAL & ANCIENT GOLF CLUB OF ST. ANDREWS TRUST · parent
   1. Golf Museum Services Limited 100% · Scotland · running the museum shop and receiving income from the restaurant

Significant events

• “In 2024, the Company has continued to deliver an extensive Learning and Access programme, ranging from lectures to Golfing Memories meetings and children's themed workshops.”
• “The annual lecture series, delivered both in-person and online, continued to attract speakers presenting on a broad range of themes.”
• “A research fund was established to further golf research and knowledge and started to attract researchers.”
• “The R&A World Golf Museum Guide on the Bloomberg Connects App was launched.”
• “The Museum undertook a collaborative project with a local photographer and filmmaker that celebrated the caddies of St Andrews, which was supported by philanthropic funding from the R&A Foundation.”
• “With the staging of the AIG Women's Open in St Andrews in 2024, the opportunity arose for the Museum to showcase its rich collection of artefacts, film and still imagery relating to the development of the women's game.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +41.6%

  £886,000 → £1,255,000

• Cash

  -39.7%

  £305,000 → £184,000

• Net assets

  +7.6%

  £5,426,000 → £5,840,000

• Employees

  +30.8%

  26 → 34

• Operating profit

  -216.7%

  £114,000 → -£133,000

• Profit before tax

  +251.9%

  -£324,000 → £492,000

• Wages

  +15.4%

  £583,000 → £673,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers