HAWK DISTRICT SCOUT COUNCIL 

## **REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024** 

|TRUSTEES|District Commissioner|Mrs Julie Stacey|
|---|---|---|
|Ex-Officio|Distict Chairman|Mr Ian Rowney|
||District Secretary|Mrs Nicola Garrard|
||District Treasurer|Mr Mike Henwood|
||Explorer Scout Commissioner|Mr Peter Knott|
||Youth Commissioner|Mr Dan Cooper|
||Network Commissioner|Mrs Heather Murray|
|TRUSTEES|Mr Mat Caney|Mr Tim Pike|
|Elected|Mr Ian Wright||
|TRUSTEES|Miss Victoria Edwards||
|Nominated|||
|TRUSTEES|--||
|Co-opted|||
|TRUSTEES|District Chairman|District Secretary|
|Investments|District Treasurer||
|TRUSTEES|District Chairman||
|Scout Centre|District Treasurer||
|FINANCE SUB|District Chairman|District Treasurer|
|COMMITTEE|District Commissioner||
|AUDITOR|Mr James Darville MAAT||
|BANKERS (General)|Barclays Bank plc, Commercial Road, Portsmouth, Hants||
||Lloyds Bank plc, West Street, Havant, Hants||
||NatWest Bank plc, West Street, Havant, Hants||
||PayPal (incl Zettle by PayPal)||
||GoCardless||
||Stripe||
|INVESTMENT BANKERS|CCLA Investment Management Ltd, 1 Angel Lane, London||
||CAF Bank, Kings Hill Avenue, Kings Hill, West Malling, Kent||
|District Registration number with the Scout Association||12015|
|Charity Registration number with Charity Commission||1005128|
|Contact name and address||Mr Mike Henwood|
|||45 Elmleigh Road|
|||Havant|
|||Hants|



Page 1 



HAWK DISTRICT SCOUT COUNCIL 

## **Statement of Financial Activities Summary for the year ended 31st March 2024** 

|TOTAL INCOMING RESOURCES (page 3)<br>TOTAL RESOURCES EXPENDED (page 4)<br>Transfer of Waterlooville District cash assets<br>Transfer of Attenborough Explorers cash assets<br>Transfer of Armstrong Explorers cash assets<br>Transfer of Dora Explorers cash assets<br>TRANSFERS BETWEEN FUNDS<br>NET INCOMING/(OUTGOING) RESOURCES<br>Gains/(losses) on investment assets<br>Realised<br>Unrealised<br>Revaluation of tangible fixed assets<br>NET MOVEMENT IN FUNDS<br>FUND BALANCES BROUGHT FORWARD<br>FUND BALANCES CARRIED FORWARD|2023/24<br>2023/24<br>2023/24<br>2022/23<br>General<br>Activity<br>Total<br>Total<br>Funds<br>Funds<br>£<br>£<br>£<br>£<br>66,054.49<br>164.51<br>66,219.00<br>57,505.25<br>71,746.68<br>0.00<br>71,746.68<br>64,396.11|
|---|---|
||-5,692.19<br>164.51<br>-5,527.68<br>-6,890.86<br>20,558.37<br>0.00<br>20,558.37<br>0.00<br>1,525.53<br>0.00<br>1,525.53<br>0.00<br>1,344.51<br>0.00<br>1,344.51<br>0.00<br>1,288.59<br>0.00<br>1,288.59<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|
||19,024.81<br>164.51<br>19,189.32<br>-6,890.86<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|
||19,024.81<br>164.51<br>19,189.32<br>-6,890.86<br>127,294.11<br>3,996.85<br>131,290.96<br>138,181.82|
||146,318.92<br>4,161.36<br>150,480.28<br>131,290.96|



Page 2 



HAWK DISTRICT SCOUT COUNCIL 

## **Statement of Financial Activities for the year ended 31st March 2024** 

|**INCOMING RESOURCES**<br>Notes<br>Membership subscriptions<br>Less: Payable<br>INVESTMENT INCOME<br>Bank interest<br>Treasury Stock interest<br>DONATIONS<br>General fund<br>Gift Aid<br>Active Support account<br>Activity fund<br>Capital fund<br>ACTIVITIES<br>General fund<br>Centenary Camp<br>Training courses<br>Active Support account<br>SALES AND FUND RAISING<br>Scout Shop sales<br>Badge sales<br>General fund<br>Bargain Shop surplus<br>OTHER INCOMING RESOURCES<br>Scout Centre rent<br>Group loan repayments<br>Sponsorship<br>General fund<br>Active Support membership<br>Active Support account<br>**TOTAL INCOMING RESOURCES**|2023/24<br>2023/24<br>General<br>Activity<br>Funds<br>Fund<br>£<br>£<br>78,613.00<br>-72,930.00<br>5,683.00<br>8.29<br>0.00<br>1,751.68<br>164.51|2023/24<br>Total<br>£<br>78,613.00<br>-72,930.00|2022/23<br>Total<br>£<br>23,359.30<br>-21,972.95|
|---|---|---|---|
|||5,683.00|1,386.35|
|||8.29<br>1,916.19|2.27<br>380.08|
||1,759.97<br>164.51|1,924.48|382.35|
||827.37<br>0.00<br>621.80<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|827.37<br>621.80<br>0.00<br>0.00<br>0.00|99.37<br>0.00<br>0.00<br>0.00<br>0.00|
||1,449.17<br>0.00|1,449.17|99.37|
||15,352.89<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|15,352.89<br>0.00<br>0.00<br>0.00|1,927.50<br>0.00<br>0.00<br>0.00|
||15,352.89<br>0.00|15,352.89|1,927.50|
||34,350.57<br>0.00<br>0.00<br>0.00<br>42.14<br>0.00<br>0.00<br>0.00|34,350.57<br>0.00<br>42.14<br>0.00|28,626.18<br>1,416.95<br>182.00<br>0.00|
||34,392.71<br>0.00|34,392.71|30,225.13|
||739.50<br>0.00<br>2,808.00<br>0.00<br>0.00<br>0.00<br>3,869.25<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|739.50<br>2,808.00<br>0.00<br>3,869.25<br>0.00<br>0.00|443.50<br>0.00<br>0.00<br>35.00<br>0.00<br>0.00|
||7,416.75<br>0.00|7,416.75|478.50|
||**66,054.49**<br>**164.51**|**66,219.00**|**34,499.20**|



Page 3 



HAWK DISTRICT SCOUT COUNCIL 

## **Statement of Financial Activities for the year ended 31st March 2024** 

|**RESOURCES EXPENDED**<br>Notes<br>SCOUT CENTRE<br>Rent,rates and water<br>Light, heat & Telecoms<br>Insurance<br>Repairs and renewals<br>DONATIONS<br>General fund<br>Active Support accounts<br>ACTIVITIES<br>General fund<br>Centenary Camp<br>Training expenses<br>Active Support account<br>SALES AND FUND RAISING EXPENSES<br>General fund<br>Scout Shop cost of sales<br>Badge cost of sales<br>ADMINISTRATION EXPENSES<br>Other District costs<br>Scout Shop<br>Badges<br>Active Support account<br>TRUSTEES' EXPENSES<br>District Chairman<br>District Treasurer<br>District Secretary<br>OTHER EXPENDITURE<br>Grants<br>Group loans<br>**TOTAL RESOURCES EXPENDED**|2023/24<br>2023/24<br>2023/24<br>General<br>Activity<br>Total<br>Funds<br>Fund<br>£<br>£<br>£<br>3,004.33<br>0.00<br>3,004.33<br>2,560.56<br>0.00<br>2,560.56<br>2,914.15<br>0.00<br>2,914.15<br>1,434.57<br>0.00<br>1,434.57|2022/23<br>Total<br>£<br>43.52<br>802.42<br>1,677.85<br>5,361.62|
|---|---|---|
||9,913.61<br>0.00<br>9,913.61|7,885.41|
||0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|0.00<br>0.00|
||0.00<br>0.00<br>0.00|0.00|
||22,642.71<br>0.00<br>22,642.71<br>0.00<br>0.00<br>0.00<br>178.45<br>0.00<br>178.45<br>0.00<br>0.00<br>0.00|4,096.81<br>691.67<br>850.18<br>0.00|
||22,821.16<br>0.00<br>22,821.16|5,638.66|
||0.00<br>0.00<br>0.00<br>28,444.67<br>0.00<br>28,444.67<br>0.00<br>0.00<br>0.00|0.00<br>20,376.68<br>2,052.25|
||28,444.67<br>0.00<br>28,444.67|22,428.93|
||10,278.43<br>0.00<br>10,278.43<br>250.11<br>0.00<br>250.11<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|1,364.06<br>1,348.73<br>312.85<br>0.00|
||10,528.54<br>0.00<br>10,528.54|3,025.64|
||38.70<br>0.00<br>38.70<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|0.00<br>3.50<br>0.00|
||38.70<br>0.00<br>38.70|3.50|
||0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00|0.00<br>0.00|
||0.00<br>0.00<br>0.00|0.00|
||**71,746.68**<br>**0.00**<br>**71,746.68**|**38,982.14**|



Page 4 



HAWK DISTRICT SCOUT COUNCIL 


**----- Start of picture text -----**<br>
Balance Sheet as at 3ist March 2024<br>. Notes 31st March 2024 31st March 2023<br>£ £ £ £<br>FIXED ASSETS<br>Tangible assets 2 0.00 0.00<br>investments (at cost) 3 0.00 0.00<br>0.00 0.00<br>CURRENT ASSETS »<br>Stocks 6 13,460.08 13,621.04<br>Debtors 4 2,086.75 758.87<br>Cash at bank and in hand 5 135,018.51 424 268.24<br>150,565.34 138,648.15<br>Less: CURRENT LIABILITIES<br>Amounts due within one year 7 -85.06 -466.33<br>NET CURRENT ASSETS 150,480.28 138,181.82<br>Less: LONG TERM LIABILITIES<br>Amounts due after more than one year 0.00 0.00<br>150,480.28 138,181.82<br>NET ASSETS 150,480.28 138,181.82<br>Represented by:-<br>FUNDS<br>General Funds General account 10 146,318.92 134,232.38<br>Restricted Funds Activity fund 10 4,161.36 3,949.44<br>150,480.28 138,181.82<br>Approved by the Trustees on 13 : \ det and signed on their behalf by<br>District Chairman / Tai<br>District Treasurer<br>The notes on pages 7 and 8 form part of these accounts.<br>**----- End of picture text -----**<br>


Page 5 



HAWK DISTRICT SCOUT COUNCIL 

## Independent Examiner's Report to the Trustees of the Hawk District Scout Council 

| report to the trustees on my examination of the accounts of the Hawk District for the year ended 31st March 2024. 

## Responsibilities and basis of report 

As the charity trustees of the Hawk District Scout Council you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

> 

| report in respect of my examination of the Hawk District accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## Independent examiner’s statement 

i have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Hawk District as required by section 130 of the Act; or 

2. the accounts do not accord with those records. 

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Signed: » . Namer NAQNE SD WALES Relevant professional qualification or membership of professional bodies (if any): {(YWAAQYT Address: i¢--~&7, —( CAS sir@eer— gee es r tA] JARI—_ , (oq (AQ; Date: IAs)\ | acag; - 

Page 6 



HAWK DISTRICT SCOUT COUNCIL 

## **Notes to the Accounts for the year ended 31st March 2024** 

## **1. ACCOUNTING POLICIES** 

a) Basis of accounting 

These accounts are prepared under the historical cost convention, they have not been modified to include the revaluation of investments (in accordance with applicable accounting standards and the Statement of Recommended Practice ' Accounting for Charities') but record investments at cost, as consistent with previous years. 

b) Stocks of badges and consumable items have been valued at the lower of cost and net realisable value. 

## **2. TANGIBLE FIXED ASSETS** 

Tangible fixed assets including various tents and trophies, District trophies and Scout Centre furniture were treated as revenue items and recorded through the income and expenditure account in the year in which they were purchased. 

## **3. INVESTMENTS** 

The District no longer has any investment bonds. 

|Capital Fund<br>Treasury stocks<br>Total<br>**4. DEBTORS**<br>Trade debtors<br>Membership fees<br>Prepayments<br>**5. CASH AT BANK AND IN HAND**<br>Bank Current Accounts<br>COIF  & CAF Deposit Accounts<br>Cash in Hand<br>**6. STOCKS**<br>Scout Shop stock<br>Stationery<br>Badges stock|Cost<br>0.00<br>0.00||Nominal<br>Value<br>0.00<br>0.00|Market<br>Price||Market<br>Value<br>0.00<br>0.00|
|---|---|---|---|---|---|---|
|||31st March<br>2024<br>£<br>821.75<br>1,265.00<br>0.00<br>2,086.75<br>30,046.15<br>104,922.36<br>50.00<br>135,018.51<br>13,460.08<br>0.00<br>0.00<br>13,460.08|||31st March<br>2023<br>£<br>758.87<br>0.00<br>0.00||
||||||758.87||
||||||19,507.80<br>104,710.44<br>50.00||
||||||124,268.24||
||||||13,621.04<br>0.00<br>2,733.68||
||||||16,354.72||



Page 7 



HAWK DISTRICT SCOUT COUNCIL 

|**Notes to the Accounts for the year ended 31st March 2023**<br>**7. LIABILITIES: Amounts falling due within one year**<br>31st March<br>31st March<br>2024<br>2023<br>£<br>£<br>Creditors: Scout shop, badges and Scouting activities.<br>85.06<br>466.33<br>**8. TRUSTEES' REMUNERATION AND EXPENSES**<br>Remuneration paid to Trustees, if any<br>NIL<br>NIL<br>Expenses reimbursed to Trustees<br>0.00<br>0.00<br>Number of Trustees reimbursed<br>0.00<br>0.00<br>Nature of expenses reimbursed:<br>Postage and stationery<br>**9. INDEPENDENT EXAMINER'S FEES**<br>Examiner's fees<br>NIL<br>NIL<br>Fees for other services<br>NIL<br>NIL<br>**10. FUND RECONCILIATION**<br>Balance<br>Transfers<br>Balance<br>B/fwd<br>Additions<br>Reductions<br>between funds<br>C/fwd<br>£<br>£<br>£<br>£<br>£<br>General Account<br>127,294.11<br>66,054.49<br>71,746.68<br>24,717.00<br>146,318.92<br>Activity Fund<br>3,996.85<br>164.51<br>0.00<br>0.00<br>4,161.36<br>**Total Funds**<br>131,290.96<br>66,219.00<br>71,746.68<br>24,717.00<br>150,480.28<br>**TOTAL FUNDS**<br>131,290.96<br>66,219.00<br>71,746.68<br>24,717.00<br>150,480.28|**Notes to the Accounts for the year ended 31st March 2023**<br>**7. LIABILITIES: Amounts falling due within one year**<br>31st March<br>31st March<br>2024<br>2023<br>£<br>£<br>Creditors: Scout shop, badges and Scouting activities.<br>85.06<br>466.33<br>**8. TRUSTEES' REMUNERATION AND EXPENSES**<br>Remuneration paid to Trustees, if any<br>NIL<br>NIL<br>Expenses reimbursed to Trustees<br>0.00<br>0.00<br>Number of Trustees reimbursed<br>0.00<br>0.00<br>Nature of expenses reimbursed:<br>Postage and stationery<br>**9. INDEPENDENT EXAMINER'S FEES**<br>Examiner's fees<br>NIL<br>NIL<br>Fees for other services<br>NIL<br>NIL<br>**10. FUND RECONCILIATION**<br>Balance<br>Transfers<br>Balance<br>B/fwd<br>Additions<br>Reductions<br>between funds<br>C/fwd<br>£<br>£<br>£<br>£<br>£<br>General Account<br>127,294.11<br>66,054.49<br>71,746.68<br>24,717.00<br>146,318.92<br>Activity Fund<br>3,996.85<br>164.51<br>0.00<br>0.00<br>4,161.36<br>**Total Funds**<br>131,290.96<br>66,219.00<br>71,746.68<br>24,717.00<br>150,480.28<br>**TOTAL FUNDS**<br>131,290.96<br>66,219.00<br>71,746.68<br>24,717.00<br>150,480.28|
|---|---|
|<br>**7. LIABILITIES: Amounts falling due within one year**<br>Creditors: Scout shop, badges and Scouting activities.<br>**8. TRUSTEES' REMUNERATION AND EXPENSES**<br>Remuneration paid to Trustees, if any<br>Expenses reimbursed to Trustees<br>Number of Trustees reimbursed<br>Nature of expenses reimbursed:<br>Postage and stationery<br>**9. INDEPENDENT EXAMINER'S FEES**<br>Examiner's fees<br>Fees for other services<br>**10. FUND RECONCILIATION**<br>General Account<br>Activity Fund<br>**Total Funds**<br>**TOTAL FUNDS**||
||131,290.96<br>66,219.00<br>71,746.68<br>24,717.00<br>150,480.28|
|||
||131,290.96<br>66,219.00<br>71,746.68<br>24,717.00<br>150,480.28|



Page 8 



## Trustees' Annual Report 

For the period 

|From (start date)|**0**|**`1**|**0**|**4**|**2**|**3**|**3**|**3**|**3**|**3**|**1**|**0**|**3**|**2**|**4**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||
|**Section A**|||**Reference and administration**|||||||**details**||||||
|Charity name<br>Other names the charity is known by<br>Registered charity number (if any)<br>HQ registration number<br>Charity’s principal address||||||||||||||||
||||Hawk District Scout Council|||||||||||||
|||||||||||||||||
|||||||||||||||||
|||||||||||||||||
||||1|0|0|5|1|28||||||||
|||||||||||||||||
|||||||||||||||||
|||||||||||||||||
||||45ELMLEIGH ROAD<br>HAVANT<br>PO9 2AB<br>Postcode|||||||||||||
||||||Postcode|||||||||||



Names of the charity trustees who manage the charity 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>_(Thes_<br>Nam<br>_(Thes_|Ian TerenceRowney<br>VictoriaEdwards<br>Peter Knott<br>**Trustee Name**<br>NickGarrard<br>DanCooper<br>**Dates acted if not**<br>**for whole year**<br>**Office (if any)**<br>Tim Pike<br>MikeHenwood<br>Mathew BrianCaney<br>Dr Ian AlecWright<br>JulieAnnStacey<br>Chair<br>Secretary<br>_e will be published in the annual report of the charity and the Charity Register if reporting for a Registered Charity with a charity regulator)_<br>es and addresses of advisers (optional information but encouraged as best practice)<br>_e will be published in the annual report of the charity)_|Ian TerenceRowney<br>VictoriaEdwards<br>Peter Knott<br>**Trustee Name**<br>NickGarrard<br>DanCooper<br>**Dates acted if not**<br>**for whole year**<br>**Office (if any)**<br>Tim Pike<br>MikeHenwood<br>Mathew BrianCaney<br>Dr Ian AlecWright<br>JulieAnnStacey<br>Chair<br>Secretary<br>_e will be published in the annual report of the charity and the Charity Register if reporting for a Registered Charity with a charity regulator)_<br>es and addresses of advisers (optional information but encouraged as best practice)<br>_e will be published in the annual report of the charity)_|Ian TerenceRowney<br>VictoriaEdwards<br>Peter Knott<br>**Trustee Name**<br>NickGarrard<br>DanCooper<br>**Dates acted if not**<br>**for whole year**<br>**Office (if any)**<br>Tim Pike<br>MikeHenwood<br>Mathew BrianCaney<br>Dr Ian AlecWright<br>JulieAnnStacey<br>Chair<br>Secretary<br>_e will be published in the annual report of the charity and the Charity Register if reporting for a Registered Charity with a charity regulator)_<br>es and addresses of advisers (optional information but encouraged as best practice)<br>_e will be published in the annual report of the charity)_|
|---|---|---|---|
||Type of advisor|Name|Address|
|||||
|||||
|||||
|||||
|||||
||**Section B**<br>**Structure, governance and management**|||



|Description of the charity’s trusts<br>(e.g. trust deed, constitution)<br>Type of governing document<br>(e.g. appointed by, elected by)<br>Trustee selection methods<br>(e.g. trust, association, company)<br>How the charity is constituted||
|---|---|
||The District's governing documents are those of the The<br>Scout Association. They consist of a Royal Charter, which<br>in turn gives authority to the Bye Laws of the Association<br>and The Policy, Organisation and Rules of The Scout<br>Association.|
|||
||The District is a trust established under its rules which are<br>common to all Scouts.|
|||
||The Trustees are appointed in accordance with the Policy,<br>Organisation and Rules of The Scout Association.|



Additional governance issues (optional information but encouraged as best practice) 

1  LT700001 (27 February 2024) 



|Policies and procedures adopted for:<br>a) the induction and training of trustees;<br>b) trustee' consideration of major risks<br>and the systems and procedures to<br>manage them<br>You may choose to include additional<br>information, where relevant, about:|The District is managed by the District Trustee Board, the<br>members of which are the ‘Charity Trustees’ of the Scout<br>Group which is an educational charity. As charity trustees<br>they are responsible for complying with legislation applicable<br>to charities. This includes the registration, keeping proper<br>accounts and making returns to the Charity Commission as<br>appropriate.<br>The Trustee Board consists of the Chair, Treasurer and 6<br>Trustees.<br>Members of the Trustee Board complete Being a Scouts<br>Trustee learning within the first 5 months of joining the<br>Board.<br>This Group Trustee Board exists to make sure the charity is<br>well-managed, risks are assessed and mitigated, buildings<br>and equipment are in good working order, and everyone<br>follows legal requirements and the organisation's policies<br>and rules. Their support helps other volunteers run high-<br>quality and safe programmes that gives young people skills<br>for life.|
|---|---|



|**Section B**<br>**Structure, governance and management (continued)**|**Section B**<br>**Structure, governance and management (continued)**|
|---|---|
||**Risk and Internal Control (1)**<br>The District Trustee Board has identified the major risks to<br>which they believe the distict is exposed, these have been<br>reviewed and systems have been established to mitigate<br>against them.<br>**Risk and Internal Control (2)**<br>The group has in place systems of internal controls that are<br>designed to provide reasonable assurance against material<br>mismanagement or loss, these include 2 signatories for all<br>payments and a comprehensive insurance policies to<br>ensure that insurable risks are covered.|



2  LT700001 (27 February 2024) 



|**Section C**|**Objectives and activities**|
|---|---|
|Summary of the objects of the charity set<br>out in its governing document<br>Summary of the main activities in relation<br>to these objects|<br>**The Purpose of Scouting**<br>Scouting exists to actively engage and support young<br>people in their personal development,<br>empowering them to make a positive contribution to society.<br>**The Values of Scouting**<br>As Scouts we are guided by these values:<br>**Integrity -**We act with integrity; we are honest, trustworthy<br>and loyal.<br>**Respect -**We have self-respect and respect for others.<br>**Care -**We support others and take care of the world in<br>which we live.<br>**Belief -**We explore our faiths, beliefs and attitudes.<br>**Co-operation -**We make a positive difference; we co-<br>operate with others and make friends.<br>**The Scout Method**<br>Scouting takes place when young people, in partnership<br>with adults, work together based on the<br>values of Scouting and:<br>- enjoy what they are doing and have fun<br>- take part in activities indoors and outdoors<br>- learn by doing<br>- share in spiritual reflection<br>- take responsibility and make choices<br>- undertake new and challenging activities<br>- make and live by their Promise.|
|||
|||



Additional details of the objectives and activities (optional information but encouraged as best practice) 

You **may choose** to include further statements, where relevant, about: • policy on grantmaking; • contribution made by volunteers; • policy on investments. Public benefit statement The District  meets the Charity Commission's public benefit criteria under both the advancement of education and the advancement of citizenship or community development headings. **Section D Achievements and performance** Summary of the main achievements of the charity during the year 

3  LT700001 (27 February 2024) 



|**Section E**|**Section E**|**Financial Review**|**Financial Review**|
|---|---|---|---|
|Quantify and explain any designations<br>Details of any funds materially in deficit<br>(circumstances plus steps to eliminate)<br>Further financial review details (optional information)<br>You**may choose**to include additional<br>information, where relevant, about:<br>The District Trustee Board regularly monitors the levels of<br>bank balances and the interest rates received to ensure the<br>group obtains maximum value and income from its banking<br>arrangements. Occasionally this may involve using an<br>account that requires a period of notice before funds may be<br>withdrawn, before doing so the District Trustee Board<br>considers the cash flow requirements.<br>• the charity’s principal sources of funds<br>(including any fundraising);<br>• investment policy and objectives;<br>**Investment Policy**<br>The Didtrict held reserves of approximately £140K against<br>this at year end. This is above the level required for<br>operating expenses.<br>**Reserves Policy**<br>The District policy on reserves is to hold sufficient resources<br>to continue the charitable activities of the group should<br>income and fundraising activities fall short. The Dsitrict<br>Trustee Board considers that the group should hold a sum<br>equivalent to 12  months running costs, circa £20K.<br>• how expenditure has supported the key<br>objectives of the charity;<br>Brief statement of the charity’s policy on<br>reserves||The Didtrict held reserves of approximately £140K against<br>this at year end. This is above the level required for<br>operating expenses.<br>**Reserves Policy**<br>The District policy on reserves is to hold sufficient resources<br>to continue the charitable activities of the group should<br>income and fundraising activities fall short. The Dsitrict<br>Trustee Board considers that the group should hold a sum<br>equivalent to 12  months running costs, circa £20K.||
|||||
|||||
|||The District Trustee Board regularly monitors the levels of<br>bank balances and the interest rates received to ensure the<br>group obtains maximum value and income from its banking<br>arrangements. Occasionally this may involve using an<br>account that requires a period of notice before funds may be<br>withdrawn, before doing so the District Trustee Board<br>considers the cash flow requirements.<br> <br>**Investment Policy**<br> <br>||
|||||
|**Section F**||**Other Optional Information**||
|Plans for future periods (details of any<br>significant activities planned to achieve<br>them)||||
|||||
|||||
|**Section G**||**Declaration**||
|The trustees declare that they have approved the trustees’ report above<br>Signed on behalf of the charity’s trustees<br>Signature(s)<br>IRowney<br>_NGarrard_<br>Full name(s)<br>Ian Rowney<br>NickyGarrard||||
||IRowney||_NGarrard_|
|||||
||Ian Rowney||NickyGarrard|



4  LT700001 (27 February 2024) 



Position (eg Secretary, Chair) Chair Secretary Date 0 1 0 4 2 4 

5  LT700001 (27 February 2024)