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2020-12-31-accounts

TREASURER’S REPORT FOR YEAR 2020

A. THE TAYLOR HALL. Registered Charity No. 305038

  1. The Hall is administered under the auspices of the Charity Commissioners’ Scheme 1335/53. The Trustees are all closely associated with Scouting in the Bourne. The Hall is used solely for the purposes of the 5th Farnham (Bourne) Scout Group.

  2. Apart from the Hall, of which the ownership is vested in the Charity Commission, the only asset of the Charity is a minor bank balance of £357 whose purpose is to help with the maintenance of the Hall. At the moment, this money is held by the Scout Group.

B. THE SCOUT GROUP Registered Charity No. 1020614.

  1. The Accounts for the 8 funds maintained by the Sections are attached.

  2. Overall, the Sections show an operating surplus of £2,706 and a few of the sections had transfers of subscriptions owed to the Group for 2020. This shows as decreased income in the Group Accounts. The overall Section bank account balance has increased from £20,184 to £23,931. As usual, our thanks must go to the Section Treasurers for their work in supporting their Leaders and in providing the vital flow of subscription income to central Group funds.

  3. The Group accounts show a deficit of £2,802 taking the end of year balance from £55,473 to £53,108. It has been a strange and challenging year with the arrival of Covid-19 in March causing the scouting movement to shut down. We benefitted from a generous grant of £10,000 from Waverley Borough Council which compensated for the loss of section transfers. The Gift Aid claim was made late in the year and no Gift Aid income shows in the accounts although we did actually receive £5,600 in January 2021 which will show in the 2021 accounts. There is an apparent increased expenditure on gas and electricity partly due to coming out of a three-year contract and partly due to an overestimation of the electricity reading. This should also show as a favourable decrease in energy costs in the 2021 accounts.

  4. The section transfers have decreased from last year by two-thirds. This is partly because of no subs being paid in the summer term but also because many section transfers were not made until January 2021. None of the usual forms of income were possible mainly because of Covid-19.

STATEMENT OF ASSETS AND LIABILITIES

  1. The ownership of the Taylor Hall, used by the Group as its Headquarters, has been vested in the Charity Commission for over 100 years, though the Group is responsible for all outgoings including insurance and maintenance. The plot of land in Black Pond Lane on which the old equipment store stands was bought by the Group, though for legal reasons the ownership is vested in the Scout Association. Together they are presently insured for £473,536 and their contents for £53,090

8. The Group has no outstanding liabilities.

F. A. Redman Group Treasurer June 2021

Summary for Scout Association and Charities Commission 2020

Receipts Group Sections Overall
Subs 14,454.37 14,454.37
To Farnham Division Scout Association -8,178.00 -8,178.00
Net Subs 6,276.37
Donations 10,173.72 0.00 10,173.72
Hall Hire 0.00 0.00 0.00
Activites 0.00 982.10 982.10
Fund Raising (Net) 0.00 0.00
Tax Recovery 0.00 0.00
Explorers 0.00 0.00
FifthFest -260.73 -260.73
Bank Interest 17.69 17.69
Camp Fund 0.00 0.00
Total Receipts 9,930.68 15,436.47 25,367.15
Section Transfers 6,088.28 -5,447.03 641.25
Total as Ledger 16,018.96 9,989.44 26,008.40
Payments
Premises - Heat, Light, Water 2,070.18 2,070.18
Premises - Insurance 950.92 950.92
Premises - Repairs 3,096.22 3,096.22
Premises - Cleaning 149.76 149.76
Activities 0.00 4,278.28 4,278.28
Admin/Badges 674.86 2,048.99 2,723.85
Equipment 1,866.67 182.18 2,048.85
Training 1,834.53 -17.30 1,817.23
Miscellaneous 0.00 790.83 790.83
Loan 0.00
Total Payments 10,643.14 7,282.98 17,926.12
District Dues 8,178.00 8,178.00
Total as Ledger 18,821.14 7,282.98 26,104.12
Surpus/(Deficit) -2,802.18 2,706.46 -95.72
Bank Balance 1/1/20 55,910.54 20,168.63 76,079.17
Bank Balance 31/12/20 53,108.36 23,930.84 77,039.20

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