| Income | ||||||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | General | Designated | |||||
| fund | fund | Total | fund | fund | Total | |||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| 8 | 8 | 8 | 8 | 8 | 8 | |||
| Income from voluntary | sources | |||||||
| Property rents |
0 | 5,523 | 5,523 | 18,960 | 18,960 | |||
| Grant from Wandsworlh | Council | 10,000 | 0 | 10,000 | 0 | 0 | ||
| Total income from voluntary | sources | 10,000 | 5,523 | 15,523 | 18,960 | 18,960 | ||
| income from investments | ||||||||
| Investment income |
6,440 | 6,440 | ||||||
| Profit on sale of investments | 4,819 | 4,819 | ||||||
| Movement on unrealised |
profits | 14,406 | 14,406 | |||||
| 25,665 | 0 | 25,665 | ||||||
| Total income | 35,665 | 5,523 | 41,188 | 0 | 18,960 | 18,960 | ||
| Expenditure | ||||||||
| Premises | ||||||||
| Rent and rates | 0 | 1,800 | 1,800 | 2,284 | 2,284 | |||
| Light, heat and water | 0 | 3,973 | 3,973 | 4,456 | 4,456 | |||
| Telephone | 0 | 0 | 0 | 1.332 | 1,332 | |||
| Insurance | 0 | 3,755 | 3,755 | 3,162 | 3,162 | |||
| Management Fee |
0 | 566 | 566 | 1,407 | 1,407 | |||
| Waste disposal | 0 | 1,792 | 1,792 | 2,294 | 2,294 | |||
| Repairs and renewals | 0 | 2,211 | 2,211 | 3,386 | 3,386 | |||
| Professional fees |
3,972 | 0 | 3,972 | 150 | 150 | |||
| 3,972 | 14,097 | 18,069 | 18,471 | 18,471 | ||||
| Support ofScout groups | ||||||||
| Capitation fees | 10,164 | 10,164 | 0 | |||||
| Grants to groups | 0 | 0 | 0 | |||||
| 10,164 | 0 | 10,164 | 0 | |||||
| Administration | 60 | 60 | 97 | 97 | ||||
| Total expenditure | 14,196 | 14,097 | 28,293 | 18,568 | 18,568 | |||
| Surplus I(Deficit) | 21,469 | (8,574) | 12,895 | 0 | 392 | 392 | ||
| Funds Brought forward | 2,116 | 300 | 2,416 | 2,024 | 0 | 2,024 | ||
| Transfer between funds | (8,274) | 8,274 | 0 | 92 | (92) | |||
| The Southside Scout Trust Limited | 753,889 | 0 | 753,889 | 0 | 0 | 0 | ||
| Funds Carried forward | 769,200 | 0 | 769,200 | 2,116 | 300 | 2,416 |
| Balance Sheet | Balance Sheet | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Note | 8 | ||||||
| Fixed assets | |||||||
| Investments | 1 | 750,184 | 11,587 | ||||
| Current assets | |||||||
| Rent paid in | advance | 0 | 600 | ||||
| Investment | Manager | Capital account | 13,418 | 0 | |||
| investment | Manager | Income account | 3,567 | 0 | |||
| Cash at bank and in hand | 12,764 | 962 | |||||
| 29,749 | 1,562 | ||||||
| Creditors due within | one year | ~2,882 | ~2,882 | ||||
| Net current | assets | 26,867 | ~1320 | ||||
| NET ASSETS | 777,051 | 10,267 | |||||
| Reserves | |||||||
| Permanent | Endowment | Funds | 2 | 7,851 | 7,851 | ||
| Designated | funds | 3 | 0 | 300 | |||
| General Funds |
769,200 | 2,116 | |||||
| 777,051 | 10,267 | ||||||
| Gill Williams | |||||||
| Trustee |
| Notes to the accounts | |||||||
|---|---|---|---|---|---|---|---|
| 1. Investments | 2021 | 2020 | |||||
| 6 | 6 | ||||||
| Fixed Interest Account | |||||||
| Balance 1 April 2020 | 11,587 | 11,587 | |||||
| Movements | |||||||
| Balance 31 March 2021 | 11,587 | 11,587 | |||||
| Portfolio managed by Aberdeen |
Standard | Capital | |||||
| Market value on 6October | 2020 | 739,461 | |||||
| Purchases | 46,723 | ||||||
| Sales - proceeds | (66,812) | ||||||
| Realised profit on sales |
4,819 | ||||||
| Movement in unrealised |
profits | 14,406 | |||||
| Market value at 31 March | 2021 | 738,597 | 0 | ||||
| Historic cost ofthese investments | ~718438 | 0 | |||||
| Total investments held |
750,184 | 11,587 | |||||
| 31 | |||||||
| 1 | April | March | |||||
| 2020 | Movements | 2021 | |||||
| 2. Permanent Endowment |
Funds | ||||||
| Kath Skiilen Bequest | 4,101 | 0 | 4,101 | ||||
| Alex Walker Bequest | 3,750 | 0 | 3,750 | ||||
| 7,851 | 0 | 7,851 |