Annual Report 2023/24 1[st] Northwood
1[st] Northwood Scouts have had another successful year with lots of interesting and challenging activities taken on by all our Scouting Sections: Beavers, Cubs, Scouts and Explorers. The Trustees have also been successful in providing the wherewithal and the funding for the Sections to function effectively.
The Annual Jumble Sale was successful in raising enough capital to support the Unit for all anticipated expenditure for the next year: the Scouting events, paying for Leaders’ uniforms and training, paying the running and maintenance costs of the Group minibus, keeping the Scouting Centre well maintained and safe, buying the many items of equipment required as the leaders provide a full programme of inside and outside activities.
The regular Newsletter, edited by a volunteer, keeps Group Members, past members and District Scout officers in touch with activities.
At our AGM last year, Paul Akers was re-elected as our Chairman. In November he stood down from the role, and sadly he passed away at the beginning of February this year. Paul had been our Chairman at 1[st] Northwood since 1992. Though he is sorely missed the committee is continuing to work without a chairman at present.
The Group is a Trust established under the rules which are common to all Scout Groups. Trustees are appointed in accordance with the Policy, Organisation and Rules of The Scout Association.
The accounts have been drawn up on a cash basis.
Signed on behalf of the Trustees on 18[th] September 2024
1st NORTHWOOD SCOUT GROUP
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
SUMMARY
| 2022/2023 | General Funds | 2023/2024 |
|---|---|---|
| £ | £ | |
| 29,526 | Total Receipts for the year (see page 5) | 34,832 |
| 18,171 | Total Payments for the year (see page 6) | 23,084 |
| 11,355 | Net surplus/shortfall for the year | 11,748 |
| 61,944 | General Funds at 1 April 2023 | 73,299 |
| 73,299 | General Funds at 31 March 2024 | 85,047 |
These accounts have been drawn up on a cash basis.
Approved by the Trustees on …18[th] September……….. 2024
And signed on their behalf by …
…………………….………
1
1st NORTHWOOD SCOUT GROUP
RECEIPTS & PAYMENTS FOR THE YEAR ENDED 31 MARCH 2024
| 2024 | ||||
|---|---|---|---|---|
| 2022/23 | 2023/24 | |||
| £ | £ | £ | ||
| RECEIPTS | ||||
| 9,926 | Membership Subs | & contribution for Section | 10,623 | |
| activities | ||||
| 6,837 | less paid to District/Headquarters (see Note 1) | - | ||
| 3,089 | 10,623 | |||
| 321 | Interest on bank/savings account | 1,923 | ||
| 1,359 | Donations | 1,223 | ||
| 280 | Other Receipts | 1,100 | ||
| 828 | Gift Aid reimbursement | |||
| Fund-raising | ||||
| 19,914 | Jumble Sale (Note | 2) | 18,635 | |
| 3,735 | Other | 1,328 | ||
| 23,649 | 19,963 | |||
| 29,526 | Total Receipts for the year | 34,832 |
2
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
SUMMARY (Continued)
| ASSETS AND LIABILITIES AS AT 31 MARCH 2024 | ASSETS AND LIABILITIES AS AT 31 MARCH 2024 |
|---|---|
| 31/03/23 | 31/03/24 |
| Assets | |
| Cash at bank: | |
| Group-General Funds | |
| 4,473 | Natwest Current Account 701 |
| 5,732 | CAF Account 15,101 |
| 3,033 | Natwest Reserve (savings) Account 3,074 |
| 30,922 | Redwood Bank savings accounts 31,897 |
| 20,000 | Cambridge & Counties savings accounts 20,875 |
| 64,160 | 71,648 |
| Sections'Accounts | |
| 1,793 | Cubs - Lloyds Account 4,202 |
| 7,347 | Scouts & Beavers - HSBC Account 9,197 |
| 9,139 | 13,399 |
| 73,299 | Total cash at bank 85,047 |
| 73,299 | Total Assets 85,047 |
| Reserve Funds(Note 4) | |
| 49,960 | Group - General Funds 55,898 |
| 14,200 | Group - provision for failure of Jumble Sale 15,750 |
| 9,139 | Sections’ Funds 13,399 |
3
73,299
85,047
Total Reserve Funds
Liabilities - - [The Group has no liabilities]
4
| 2022/23 | 2023/2024 | ||
|---|---|---|---|
| £ | £ | £ | |
| PAYMENTS | |||
| Premises | |||
| 630 | Rent | 630 | |
| 117 | Water Rates | 357 | |
| 1,181 | Electricity | 1,036 | |
| 711 | Insurance | 990 | |
| 448 | Maintenance | 2,154 | |
| - | New Hut | 2,600 | |
| 3,087 | 7,767 | ||
| Activities | |||
| 2,501 | Vehicle running costs | 2,065 | |
| 2,273 | Other Group expenses | 2,932 | |
| 1,816 | Beavers | 852 | |
| 2,491 | Cubs | 1,509 | |
| 1,864 | Scouts | 3,932 | |
| 10,945 | 11,290 | ||
| Fund-raising | |||
| 3,768 | Jumble Sale (Note 2) | 3,678 | |
| 3,768 | 3,678 | ||
| Administration | |||
| 227 | AGM | 219 | |
| 144 | Bank charges | 130 |
5
Total Payments for the Year
18,171
23,084
1st NORTHWOOD SCOUT GROUP
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE ACCOUNTS
Note 1 Subscriptions
While the Group usually pays its annual subscription to Scout Association HQ and REN District at the start of the financial year, at the REN District's request, we paid in the 2023/24 subs at the end of Financial Year 2022/23. Hence the large payment shown for 2022/23 and the nil payment for 2023/24.
| Note | 2 | Jumble Sale | ||
|---|---|---|---|---|
| 2022/23 | 2023/24 | |||
| £ | £ | |||
| Income | 19,914 | 18,635 | ||
| Expenditure | 3,768 | 3,678 | ||
| 16,146 | 14,957 | |||
| Note | 3 | Fixed Assets: | ||
| At the start of the financial year 2023/24 the Group held the following | ||||
| assets which were never capitalised: | ||||
| Year of | Original | |||
| Buildings | Purchas | Cost in £ | ||
| e | ||||
| Foundations & landscaping | 2018 | 181,564 | ||
| Wooden Scout Centre superstructure | 2019 | 148,843 | ||
| Replacement for Neal Hut | 2020 | 2,988 | ||
| Concrete store shed | 1990 | 1,771 |
6
Insured value of Scout Centre:
£163,316
| Note 4 Reserves Policy |
|
|---|---|
| The central Group cash reserve stands at £70,172 which includes provision for the following: |
|
| £ | |
| Provision for failure of next year's Jumble Sale 15,750 |
|
| Reserve for replacement of minibus 25,500 |
|
| Building Reserve 11,500 Working Capital 18,898 |
|
| 71,648 |
Note 5 Going concern
It is the Trustees opinion (as confirmed at the 18 October 2024 Committee meeting) that the Scout Group’s finances are sound. A further reserve has been identified in the event that it is necessary to cancel the 2025 jumble sale, enabling the Group to continue operations on a going concern basis.
Note 6 Related party transactions
There were no Related Party transactions.
Note 7 Remuneration
Trustees and all scout leaders are volunteers who receive no
remuneration, but are reimbursed for out of pocket expenses they incur on behalf of the Group's scouting activities.
7
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of
Charity Name
1[st] Northwood Scout Group
On accounts for the year ended
31 March 2024
Charity no (if any)
1052650
Set out on pages
3-6
(remember to include the page numbers of additional sheets)
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2024 .
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.
Signed:
K F Mulvaney
Date:
17/01/2025
Name:
K F Mulvaney
Relevant professional qualification(s) or body (if any):
October 2018
1
IER
Address:
43A Hallowell Road
Northwood
HA6 1DT
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
October 2018
2
IER