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2022-03-31-accounts

Fareham West District Scouts Account summary 31st March 2022

District
Main account* £25,233.03
No 2 account** £6,500.00
Savings account*** £12,884.16
plus interest £1.85
Explorers
Main account**** £9,300.41
Savings account* £9.31
plus interest £0.00
Old Scout Bushcraft
Main account £263.20
Total in all accounts £54,191.96

The District Main A/C* is the working account

No 2 account** is a special reserve account for grants to Jamboree, other International event participants and other special events.

Savings A/C*** is a reserve account based on 25% - 50% of operating budget for use in emergency or to assist Groups within District

The Explorer Main A/C**** is the working account

The Savings account* is for large (international) camps not needed at present hence low amount

Consolidation March 2022 Consolidation March 2022
Totals
District A/C Other A/Cs Explorer A/Cs Explorer Saving Old Scout Bushcraft Fareham Band 2021/2022 2020/2021
OpeningBalance £26,204.00 £15,384.74 £11,389.34 £9.31 £321.01 £5,132.27 £58,440.67 £49,371.86
+ Receipts £47,236.10 £4,001.27 £6,972.62 £0.01 £3,327.11 £3,112.01 £64,649.12 £61,997.74
- Expenditure £48,207.37 £0.00 £9,061.55 £0.00 £3,384.92 £1,133.94 £61,787.78 £49,465.94
ClosingBalance £25,233.03 £19,386.01 £9,300.41 £9.32 £263.20 £7,110.34 £61,302.31 £60,982.96
Profit/Loss -£970.97 £4,001.27 -£2,088.93 £0.01 -£57.81 £1,978.07 £2,861.64 £12,531.80
Main loss for
year was
deposits and
upfront costs
for District
Camp May
2022
Interest
+£1.27
£3000
donated by
Eric Williams
and £1000
transferred

Main loss for the
year was the
drop in
members and
subs, increased
rents and
reduced camps

About break even,
small loss
50% of Band
account as
shared with
Denewulf
District