REGISTERED CHARITY NUMBER: 1055356
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2023
for
Wiltshire North County Guide Association
Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
Wiltshire North County Guide Association
| Contents of the Financial Statements | |||
|---|---|---|---|
| for the Year Ended 31 December 2023 | |||
| Page | |||
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 14 |
Wiltshire North County Guide Association
Report of the Trustees for the Year Ended 31 December 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Girlguiding Wiltshire North provide a balanced programme of activities for girls and young women between the ages of 4 and 18, these girls live in Wiltshire North. We aim to help them to develop emotionally, mentally, physically, and spiritually so they can make a positive contribution to their community and the wider world. Through challenge, adventure, friendship, and fun we empower girls to find their voice, inspiring them to discover the best in themselves and to have an impact and make change in their community. We promote learning by doing and having fun through activities such as games, trips, challenges, adventures, residential events and learning skills for life. Wiltshire North is an equal opportunity organisation and is committed to cultivating an environment that is free from discrimination on the grounds of colour, race, ethnicity, religion, disability or sexual orientation.
Public benefit
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding the activities the charity should undertake. The trustees consider that they have acted in the public benefit.
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Wiltshire North County Guide Association
Report of the Trustees for the Year Ended 31 December 2023
ACHIEVEMENT AND PERFORMANCE
Wiltshire North has 162 units across 7 Divisions. Unfortunately, a few units have been closed after being assessed as not viable, mainly due to a lack of volunteers to lead them. Girls were offered places in alternative units to ensure they were able to continue in Girlguiding. At the end of December 2023, the County had 2105 young members (4-18 years old) and 483 Volunteers it is encouraging that our membership has increased in the last 12 months although a reduction in membership in some units both girls and adults and an increase in running costs and activity materials has led to financial difficulties for some units.
We have endeavored to avoid closure where possible and Region grants were made available to units who were unable to meet membership fees and increased costs in rent for meeting places.
Exceptional Experiences for Girls
Across the County girls have been having fun in all aspects of their Guiding. Unit meetings are fun, and a host of activities take place. Units have visited cinemas and theatres, had day trips to London, to zoos and trampolining fun zones. Attended unit holidays and sleepovers, boating walking and climbing events. Groups had the fantastic opportunity to visit the Netherlands and Disney Paris.
Rewarding Volunteer Experience
Developing a rewarding volunteer experience Our commitment to ensure a culture of transparency in the county continues. Division commissioners are being consulted about future plans for the County. The monthly newsletter has been well-received by our members, and we have stepped up our social media presence. County funding was allocated to the redesign and re launch of the Wiltshire North County website, there are plans to further develop the site to incorporate elements requested by our volunteers. We continue to enjoy support from dedicated groups of ambassadors, Presidents and vice-presidents, who have helped the County in a variety of ways, including committee membership and representing the County at both local and national events. It is clear from the increased number of Gold, Silver and Bronze Programme Awards achieved that several hundred girls have been busy working on the varied activities needed to gain these programme awards. Awards for long service were once again given out allowing us to show gratitude to members whose dedication and commitment has been invaluable to the organisation. Several awards, including those given out for exemplary service were given out and some of our members have also been nominated for awards at regional level. All Leaders in the county have been very helpful and encouraging to the new county team. Once again, our leaders at all levels have risen to the challenges presented by the past few years and are continuing to provide high quality experiences for our young members. Our team of County commissioners has focused on ensuring that all aspects of our Girlguiding programme have resumed successfully since Covid lockdowns in the County. All mandatory first aid and safeguarding training for leaders has been completed.
Inclusive and Impactful
We have appointed more members to our County Inclusion team, there have been several training courses attended which were very useful. We continue to promote the key message that Girlguiding is for all girls and women helping them to become more aware of the diversity in our communities. We have County and unit level Facebook pages these encourage adult volunteering as well as young members. This encourages both adult and young member recruitment. Region held in our county an event at the Steam Museum for units from deprived areas of Swindon which was well attended.
Going forward into 2024
We will continue to review and update our county management systems; we intend to hold exciting events and training throughout the county and encourage unit leaders to organize fun days and residentials for the girls.
Sustainable for the future
Our budget for the forthcoming year is prudent and realistic, taking into account existing and forthcoming financial challenges, as well as the need to resource our programme of activities County PR events run by our PR & MGR team to help actively recruit volunteers. In 2023 we had event stands at the Royal International Air Tattoo and The BBC Children in Need event held in Swindon run by the BBC.
Divisions are also focusing on membership growth and retention (MGR) with their own recruitment and publicity campaigns. Whilst volunteer numbers remain a concern, Divisions have worked hard to keep units open by merging some to allow more girls to join, reducing waiting lists and easing the workload of leaders.
In 2023 we have worked hard to improve our county properties. The residential centre Maud Heath has undergone some substantial upgrades and further development is planned along with the start of a new fundraising committee. Our Campsite, Chilton Farm, has seen new stronger security fencing around the perimeter to prevent break ins. We will continue to offer free training as required.
FINANCIAL REVIEW
Financial position
Financial position at 31 December 2023 the charity had total funds of £505,213. Total income for the year was £79,561, down £22,481 on the prior year. Income relating to Maud Heath Centre was £19,528. Total spend for the year was £77,212, down £46,771 on the prior year. Costs relating to Maud Heath Centre were £10,823. Investments rose by £6,884.
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Wiltshire North County Guide Association
Report of the Trustees for the Year Ended 31 December 2023
FINANCIAL REVIEW
Reserves policy
The total value of funds held at the balance sheet date was £505,213. The value of restricted funds was £96,596 of which £53,261 - restricted for International and £43,335- restricted for Maud Heath renovations.
The charity also holds £200,246 of funds that can only be realised by disposing of tangible fixed assets. Therefore, the free reserves of the charity are £208,371.
Girlguiding state that a good starting point is for three to six months operating costs to be retained as a reserve i.e. £38,000 which is equivalent to 6 months of running costs for the charity. The charity holds in excess of these reserves.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Girlguiding is the largest organisation for women and girls in the United Kingdom, with more than half a million members. The UK is split into Countries and Regions which are divided into Counties and Islands. Wiltshire North is a County in the South West England Region. Girlguiding's governing document is a Royal Charter. The byelaws within it contain the rules setting out how Girlguiding must be governed. The Royal Charter was last changed in 2015 when Girlguiding completed its governance review.
The County is a charity and an unincorporated association. The Trustee Board is responsible for the direction and general development of the principles, aims, policies, organisation, rules and guidelines of The Guide Association which are set out in The Royal Charter and byelaws, and in the current edition of: a. The Guiding Manual; b. The Guiding Handbook; and c. The current programme for young members in each section
Recruitment and appointment of new trustees
The Trustees are the County Commissioners and Division Commissioners who lead the strategic direction and delivery of Guiding at a local level. Division Commissioners represent the views of the members in their area. Other committees operate to assist Trustees in fulfilling its accounting and organisational responsibilities.
During 2023 a new County Structure was put in place with a new County Commissioners and several new Assistant County Commissioners making a County Team. Some Divisions also have new commissioners, and new volunteers have been welcomed to the Finance Committee and other sub-committees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1055356
Principal address
c/o 29 Byron Avenue Royal Wootton Bassett Swindon SN4 8EY
Trustees
| Trustees | ||
|---|---|---|
| Elizabeth Radford | ||
| Tracey Warren | - | resigned 31 July 2023 |
| Cherie Bennett | ||
| Sophie Harold | ||
| Gemma Millard | ||
| Caroline Blakesley | - | resigned 8 November 2023 |
| Wendy Beattie | ||
| Jennifer Matthews | - | appointed 15 September 2023 |
| Melanie Ball | ||
| Jacqueline Stammers | - | appointed 4 July 2023 |
| Gemma Richardson | - | appointed 12 December 2023 |
| Clare Pickard | - | appointed 11 July 2023 |
| Stacey Rochester | - | appointed 23 October 2023 |
| Sandra Sprague | - | appointed 13 December 2023 |
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Wiltshire North County Guide Association
Report of the Trustees for the Year Ended 31 December 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner James Gare DChA FCA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
Approved by order of the board of trustees on ............................................. and signed on its behalf by: 30 June 2024
........................................................................ C Bennett - Trustee
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Independent Examiner's Report to the Trustees of Wiltshire North County Guide Association
Independent examiner's report to the trustees of Wiltshire North County Guide Association
I report to the charity trustees on my examination of the accounts of Wiltshire North County Guide Association (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
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 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I 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.
James Gare DChA FCA
Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
Date: ............................................. 18 July 2024
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Wiltshire North County Guide Association
Statement of Financial Activities for the Year Ended 31 December 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 592 Charitable activities 6 Guiding activities and events 28,995 Other trading activities 4 43,078 Investment income 5 3,725 Total 76,390 EXPENDITURE ON Raising funds 7 30,255 Charitable activities 8 Guiding activities and events 46,957 Total 77,212 Net gains/(losses) on investments 6,884 NET INCOME/(EXPENDITURE) 6,062 Transfers between funds 19 (983) Net movement in funds 5,079 RECONCILIATION OF FUNDS Total funds brought forward 403,538 TOTAL FUNDS CARRIED FORWARD 408,617 |
Restricted funds £ - - - 3,261 3,261 - - - - 3,261 983 4,244 92,352 96,596 |
2023 Total funds £ 592 28,995 43,078 6,986 79,651 30,255 46,957 77,212 6,884 9,323 - 9,323 495,890 505,213 |
2022 Total funds £ 93 66,573 32,205 3,261 102,132 28,711 95,272 123,983 (9,735) (31,586) - (31,586) 527,476 495,890 |
|---|---|---|---|
The notes form part of these financial statements
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Wiltshire North County Guide Association
| Balance Sheet | |||
|---|---|---|---|
| 31 December 2023 | |||
| 2023 | 2022 | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 13 | 200,246 | 212,741 |
| Investments | 14 | 81,796 | 74,912 |
| 282,042 | 287,653 | ||
| CURRENT ASSETS | |||
| Stocks | 15 | 17,829 | 18,038 |
| Debtors | 16 | 2,859 | 1,426 |
| Cash at bank | 202,645 | 189,923 | |
| 223,333 | 209,387 | ||
| CREDITORS | |||
| Amounts falling due within one year | 17 | (162) | (1,150) |
| NET CURRENT ASSETS | 223,171 | 208,237 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 505,213 | 495,890 | |
| NET ASSETS | 505,213 | 495,890 | |
| FUNDS | 19 | ||
| Unrestricted funds | 408,617 | 403,538 | |
| Restricted funds | 96,596 | 92,352 | |
| TOTAL FUNDS | 505,213 | 495,890 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 30 June 2024
............................................. E Radford - Trustee ............................................. C Bennett - Trustee ene Denn SEH
The notes form part of these financial statements
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Wiltshire North County Guide Association
Notes to the Financial Statements for the Year Ended 31 December 2023
1. GENERAL INFORMATION
The charity is an unincorporated trust constituted by a trust deed. The registered office address and principal activities are given in the trustees report.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound.
There are no significant areas of judgements or key sources of estimation uncertainty. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.
Fundraising is funds raised by shop income and other events and are accounted for gross.
Dividends and investments are accounted for when receivable except for Bank interest when unpaid interest is accrued. Tax recoverable on such income is recognized in the same accounting year.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on a straight line basis Long leasehold - 5% on a straight line basis, 4% on a straight line basis and 1% straight line Fixtures and fittings - 20% on straight line basis and 10% on straight line basis
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Wiltshire North County Guide Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
2. ACCOUNTING POLICIES - continued
Tangible fixed assets
All fixed assets whether purchased or donated are capitalized, except for expenditure incurred in the replacement of assets of less than £500. The cost of fixed assets is the purchase cost together with any incidental costs of acquisition.
Depreciation is calculated to write off the cost of a tangible fixed asset over the expected useful life of the asset. Land is not depreciated.
Investments
Investments are valued at market value at 31st December.
Current assets
Amounts owing to the charity at 31st December in respect of fees, rents or other income are shown as debtors less provisions for amounts that may prove uncollectable.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.
Current liabilities
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
3. DONATIONS AND LEGACIES
4.
| Donations OTHER TRADING ACTIVITIES Hire of facilities and fees (outside girlguides) Sale of goods |
2023 £ 592 2023 £ 15,669 27,409 43,078 |
2022 £ 93 2022 £ 2,678 29,527 |
|---|---|---|
| 32,205 |
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Wiltshire North County Guide Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
5. INVESTMENT INCOME
| 2023 £ Dividends 2,246 Deposit account interest 4,740 6,986 6. INCOME FROM CHARITABLE ACTIVITIES 2023 Activity £ Boating and campsite Guiding activities and events 2,767 International trips Guiding activities and events 1,039 Maud Heath Centre income Guiding activities and events 5,535 Membership subscriptions Guiding activities and events 19,584 County events Guiding activities and events 70 28,995 7. RAISING FUNDS Raising donations and legacies 2023 £ Expenses (outside GG) 1,335 Cost of sales and other shop running costs 28,920 30,255 8. CHARITABLE ACTIVITIES COSTS Direct Support Costs (see costs (see note 9) note 10) £ £ Guiding activities and events 31,785 15,172 9. DIRECT COSTS OF CHARITABLE ACTIVITIES 2023 £ Campsite costs 809 INTOPS costs 1,961 International trip costs - Maud Heath Centre costs 10,765 Membership subscriptions 810 County event and other costs 3,533 Badges and awards 713 Other direct costs 700 Depreciation 12,494 31,785 |
2022 £ 2,237 1,024 3,261 2022 £ 4,707 39,060 5,635 16,611 560 |
|---|---|
| 66,573 | |
| 2022 £ 1,161 27,550 |
|
| 28,711 | |
| Totals £ 46,957 |
|
| 2022 £ 2,893 1,403 34,794 26,719 1,562 2,479 3,171 - 12,493 |
|
| 85,514 |
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Wiltshire North County Guide Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
10. SUPPORT COSTS
| SUPPORT COSTS | |||
|---|---|---|---|
| Governance | |||
| Management | costs | Totals | |
| £ | £ | £ | |
| Guiding activities and events | 13,702 | 1,470 | 15,172 |
| Support costs, included in the above, are as follows: | |||
| 2023 | 2022 | ||
| Guiding | |||
| activities | |||
| and | Total | ||
| events | activities | ||
| £ | £ | ||
| Promotional events | 52 | 44 | |
| Expenses and training | 3,993 | 5,040 | |
| Administration | 9,657 | 3,372 | |
| Accountancy and independent examination | 1,470 | 1,302 | |
| 15,172 | 9,758 |
11. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 93 Charitable activities Guiding activities and events 66,573 Other trading activities 32,205 Investment income 1,024 Total 99,895 EXPENDITURE ON Raising funds 28,711 Charitable activities Guiding activities and events 95,272 Total 123,983 Net gains/(losses) on investments - NET INCOME/(EXPENDITURE) (24,088) RECONCILIATION OF FUNDS Total funds brought forward 427,626 |
Restricted funds £ - - - 2,237 2,237 - - - (9,735) (7,498) 99,850 |
Total funds £ 93 66,573 32,205 3,261 102,132 28,711 95,272 123,983 (9,735) (31,586) 527,476 |
|---|---|---|
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Wiltshire North County Guide Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
| 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund £ TOTAL FUNDS CARRIED FORWARD 403,538 13. TANGIBLE FIXED ASSETS Freehold Long property leasehold £ £ COST At 1 January 2023 and 31 December 2023 12,287 299,135 DEPRECIATION At 1 January 2023 7,013 121,972 Charge for year 397 7,582 At 31 December 2023 7,410 129,554 NET BOOK VALUE At 31 December 2023 4,877 169,581 At 31 December 2022 5,274 177,163 14. FIXED ASSET INVESTMENTS MARKET VALUE At 1 January 2023 Revaluations At 31 December 2023 NET BOOK VALUE At 31 December 2023 At 31 December 2022 There were no investment assets outside the UK. 15. STOCKS Stocks |
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund £ TOTAL FUNDS CARRIED FORWARD 403,538 13. TANGIBLE FIXED ASSETS Freehold Long property leasehold £ £ COST At 1 January 2023 and 31 December 2023 12,287 299,135 DEPRECIATION At 1 January 2023 7,013 121,972 Charge for year 397 7,582 At 31 December 2023 7,410 129,554 NET BOOK VALUE At 31 December 2023 4,877 169,581 At 31 December 2022 5,274 177,163 14. FIXED ASSET INVESTMENTS MARKET VALUE At 1 January 2023 Revaluations At 31 December 2023 NET BOOK VALUE At 31 December 2023 At 31 December 2022 There were no investment assets outside the UK. 15. STOCKS Stocks |
Restricted Total funds funds £ £ 92,352 495,890 Fixtures and fittings Totals £ £ 42,545 353,967 12,241 141,226 4,516 12,495 16,757 153,721 25,788 200,246 30,304 212,741 Listed investments £ 74,912 6,884 81,796 81,796 74,912 2023 2022 £ £ 17,829 18,038 |
|---|---|---|
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Wiltshire North County Guide Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Prepayments 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors Accruals and deferred income 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted fund £ Fixed assets 200,246 Investments 81,796 Current assets 126,737 Current liabilities (162) 408,617 19. MOVEMENT IN FUNDS At 1.1.23 £ Unrestricted funds General fund 403,538 Restricted funds International grants 89,017 Maud Heath Centre improvements 3,335 Maud Heath Centre roof replacement - 92,352 TOTAL FUNDS 495,890 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 76,390 Restricted funds International grants 3,261 TOTAL FUNDS 79,651 |
Restricted funds £ - - 96,596 - 96,596 Net movement in funds £ 6,062 3,261 - - 3,261 9,323 Resources expended £ (77,212) - (77,212) |
2023 2022 £ £ 1,550 175 1,309 1,251 2,859 1,426 2023 2022 £ £ 137 955 - 195 25 - 162 1,150 2023 2022 Total Total funds funds £ £ 200,246 212,741 81,796 74,912 223,333 209,387 (162) (1,150) 505,213 495,890 Transfers between At funds 31.12.23 £ £ (983) 408,617 (39,017) 53,261 - 3,335 40,000 40,000 983 96,596 - 505,213 Gains and Movement losses in funds £ £ 6,884 6,062 - 3,261 6,884 9,323 |
|---|---|---|
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Wiltshire North County Guide Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
19. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.22 | in funds | 31.12.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 427,626 | (24,088) | 403,538 |
| Restricted funds | |||
| International grants | 96,515 | (7,498) | 89,017 |
| Maud Heath Centre improvements | 3,335 | - | 3,335 |
| 99,850 | (7,498) | 92,352 | |
| TOTAL FUNDS | 527,476 | (31,586) | 495,890 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds International grants TOTAL FUNDS |
Incoming resources £ 99,895 2,237 102,132 |
Resources expended £ (123,983) - (123,983) |
Gains and Movement losses in funds £ £ - (24,088) (9,735) (7,498) (9,735) (31,586) |
Gains and Movement losses in funds £ £ - (24,088) (9,735) (7,498) (9,735) (31,586) |
|---|---|---|---|---|
| (31,586) |
International grants - to assisting members to get the opportunity to attend international events and support to attend international events in the UK and the activities in County
Maud Heath Centre improvements - A Richards memorial donations to be spent on improving facilities at the Maud Heath Centre.
A transfer of £40,000 has been made for the International grants fund to the Maud Heath Centre Fund following a review of the original legacy documentation.
20. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
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