2022-03-31-accounts

Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

4[th] Canvey Island Sea Scout Group Trustees’ Report and Financial Statements

For the Year Ended 31[st] March 2022

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Legal and Administrative Information for year ended 31 March 2022

Trustees

Scouters

Elaine Helm (Chairperson) Barbara Hardy (Group Scout Leader) Emma O’Connor (Treasurer) Wayne Petty (Secretary) Elizabeth Kemp Bradley Cox B. Hardy Group Scout Leader (“GSL”) D. Kell Drake Beaver Colony D. Kell Nelson Beaver Colony J. Francis Smokey Mountain Cub Pack J. Francis Stone Mountain Cub Pack J. Dulieu Scout Troop V. Goodhew Columbus Explorers

Committee Officers

B. Hardy GSL E. Helm Chairperson E. O’Connor Treasurer W. Petty Secretary E. Kemp B. Cox S. Baker L. Byworth A. Card S Whelan D Smart S Edwards

Charity Number Meeting/Contact Address

1068037

The Scouting Centre 23 Blackthorne Road Canvey Island Essex SS8 7BJ

Independent Examiner

Ian Knott

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Contents

	Page
Trustees’ Report	4
Independent Examiners Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Accounts	9

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Trustees Report for the Year Ended 31[st] March 2022

The trustees present their report and accounts for the year ended 31[st] March 2022.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2015.

Structure, Governance & Management

The charity is registered with the Scout Association as a Sea Scout Group and was registered as a charity from 10[th] February 1998.

The trustees who served during the year were:

• B. Hardy GSL

• • E. Helm Chairperson • E. Kemp • W. Petty Secretary

• B. Cox

• • E. O’Connor Treasurer

The group’s scouting activities are under the overall control of the GSL. Responsibility for the various age groups is delegated to the relevant section leaders, who report to the GSL.

The other activities and management are the responsibility of the Committee who are elected annually at the Annual General Meeting (“AGM”).

The trustees have assessed the major risks to which the charity is exposed and are satisfied that there are systems in place to mitigate exposure to said risks.

Objectives & Activities

The charity’s objective is to encourage the physical, mental and spiritual development of young people so that they may take a constructive place in society.

The aim to provide scouting activities to all of its group members.

Financial Review

The overall net worth of the Scout Group in the year under review shows a balance sheet value as at 31 March 2022 of £159,166.

• The cash held has decreased by £3,994 compared to 2020/21.

• The asset register detailing the property held by the group in the hall, compound and camping equipment has continued to be updated during the year with some new equipment purchased for the benefit of the Group’s members.

• The Group’s activities this year have restarted following the interruption caused by the Covid-19 pandemic. Subscriptions have been restarted, and due to the restarting of activities overheads have risen back to almost normal levels.

• No Gift Aid has been reclaimed in the 2021/22 year due to the lack of any subscriptions in the prior reporting period.

Financial results show that the Group has sufficient funds available for the charity to continue with all of its objectives for the foreseeable future due to the continuing hard work of the Management Committee. However, the Group will need to review its strategies to ensure that Group supported activities are sustainable.

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Financial Statements

Charity Registration No. 1068037

4[th] Canvey Island Sea Scout Group

It is the policy of the charity that unrestricted funds, those funds not designated for a specific purpose, should be maintained at a level equivalent to between three and six months’ expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s activities whilst consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Now the Coronavirus pandemic appears an almost distant memory the charity’s income appears to be rebounding to near previous levels.

On behalf of the board of trustees.

Trustee:

Dated:

Independent Examiner’s Report to the Trustees of 4[th] Canvey Island Sea Scout Group

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Financial Statements 4, Canvey Island Sea S¢oul Group Charity Registration No. 1068037 Finanual Statern8nls 4th Cat￿￿ Isknd Sea Swul GrDUP Charity R8gistratKn ND. 10W37 Inde Gr Examin he Tru$ anve Islan Scou I report on the acctsunls of the chaiity for the year ended 31$t March 2022. whtch are set out on pages 7- 12. Rosponsibllltles and ba$18 of rgPQrt. As the charity's trustee5, you are responsible for the preparation of the accL)unts in aCc0Tdan￿ with the requirements of the Charities Act 2011 I'the Act"}. I retx)rt in respect of my examinati1￿ of the Chari￿s accounts Ca￿led out section 145 of the 2011 Act and in carying out my examination, I have follow￿ all the applicable Directions given by the Charity Commission under section 145(5}Ib) of the Act. Independent gxaminef$ $latement. I have compleled my ex8minalion. I c￿fim7 that no mateiial matter¥ have ￿me lo rny attention in connection with the examination which gives me cause lo believe that in. any material respect.. the accounting re￿rdS were not kept in accordance with seclion 130 of the Chattties Act,. or the accounts did rK)t accord with the a(￿O￿ntIng ￿cordS,. or the accounts did not compty with the applicable Tequirements concerning the form and ¢ontenl of accounts sel out in the Charities (A￿o￿ntS and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair view, ss not a matter considered as part of an independent examination. I have no concems 8nd have come no other matters in (x)nnection with the examination to which attention should be drawn in this report in ortler to enable a proper understsnding of the accounts to be ￿￿ched. lan Knott. CPFA. 69. Long Road, Canvey Island. Essex. SS8 OJA. D*ed'. 25 September 2022. 60112

Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Statement of Financial Activities for the Year Ended 31[st] March 2022

Notes Incoming Resources from generated funds Donations and Legacies 2 Activities for generating funds 3 Investment Income 4 Incoming resources from charitable activities 5 Other incoming resources 6	Unrestricted Funds Restricted Funds Total 2022 Total 2021 £ £ £ £ 10,528 406 10,934 27,041 9,551 - 9,551 284 - - - -
	20,079 406 20,485 27,325 14,441 - 14,441 3,108 - - - 3,870
Total Incoming Resources	34,520 406 34,926 34,303
Resources expended Costs of generating funds Costs of activities for generating funds Charitable activities Direct charitable expenditure 7 Direct support costs 8 Admin costs	8,055 8,055 1,650 9,137 - 9,137 - 12,965 - 12,965 5,309 438 14,838 15,276 23,537
Total Charitable Expenditure	22,540 14,838 37,378 28,846
Total Resources Expended	(30,595) (14,838) (45,433) (30,496)
Net Income for the year/Net movement in funds	3,925 (14,432) (10,507) 3,807
Fund balances as at 1st April 2021 Transfers Fund Balances as at 31st March 2022 14	36,216 133,457 169,673 169,673 - -- - 40,141 119,025 159,166

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Balance Sheet as at 31[st] March 2022

			2022		2021
	Notes	£	£	£	£
Fixed Assets
Tangible Assets	11		121,689		128,202
Current Assets
Cash at bank and in hand		37,477		41,471
Other Debtors			-		-
			37,477		41,471
Current Liabilities
Creditors: amounts falling due within one	12		-		-
year
			-		-
Net current assets			37,477		41,471
Total assets less current liabilities			59,166		169,673
Income Funds
Restricted funds	13		124,146		133,457
Unrestricted Funds	14		35,020		36,216
			159,166		169,673

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Notes to the Accounts for the Year Ended 31[st] March 2022

1. Accounting Policies

1.1 Basis of Preparation

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with the applicable accounting standards, the Statement of Recommended Practice, Accounting & Reporting by Charities”, issued in October 2019 and the Charities Act 2011.

1.2 Incoming Resources

Investment income is accounted for on a received basis.

Donations, gifts and lottery funds capable of financial measurement are accounted for when receivable.

1.3 Resources Expended

Resources used are allocated to direct charitable expenditure, support costs and administration on a specific basis.

1.4 Tangible Fixed Assets and Depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Leasehold property Over a 28 year term Camping equipment 10% reducing balance Boating equipment 10% reducing balance Motor vehicles 10% reducing balance

1.5 Taxation

The Group is exempt from income and capital gains tax. The group benefits from claiming gift aid where applicable.

2. Donations and Legacies

Unrestricted Restricted Total 2022 Total 2021 Funds Funds £ £ £ £ Donations & gifts 10,528 406 10,934 27,041 3. Activities for Generating Funds 2022 2021 £ £ Activities for generating funds 9,551 284

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Net activities for generating funds 9,551 284

4. Investment Income

4. Investment Income
Interest receivable 5. Incoming Resources from Charitable Activities Subscriptions Camps & other activities Other Sale of goods 6. Other Incoming Resources Net gain on disposal of fixed assets Income tax recovered/gift aid Refund 7. Total Resources Expended Cost of generating funds Costs of activities for generating funds Charitable activities Direct Charitable expenditure Activities undertaken directly Direct Support Costs Support Costs Admin Costs Support Costs	2,022 2,021 £ £ - - 2022 2021 £ £ 12,859 1,754 - - 125 100 1,457 1,279
	14,441 3,108
	2022 2021 £ £ - - - 3,870 - -
	- 3,870
	Total Total 2022 2021 £ £ 8,055 1,650
	2,937 - 6,200 5,309 3,642 590
	12,779 5,899

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

20,834 7,549

8. Support Costs

Vehicle Expenses Boat Expenses Insurance Depreciation Other Costs Building Activities	Direct Support Costs Admin Costs Total 2022 Total 2021 £ £ £ £ 160 1,105 1,265 800 - 1,743 1,743 1,726 42 2,539 2,581 2,604 - 11,634 11,634 11,679 - 401 401 1,519 2,408 3,681 6,089 4,619 - 885 885 -
	2,610 21,989 24,599 22,947

9. Trustees

None of the trustees (or any person connected with them) received any remuneration during the year.

10. Employees

There were no employees during the year.

11. Tangible Fixed Assets

	Land & Buildings	Boating Other Equipment	Camping Equipment	Motor Vehicles	Furniture & Equipment	Total
	£	£	£	£	£	£
Cost
At 1 April 2021	238,686	50,906	16,842	20,000	-	326,434
Additions	-	-	1,705	-	3,416	5,121
Disposals	-	-	-	-	-	-
At 31 March 2022	238,686	50,906	18,547	20,000	3,416	331,555
Depreciation
At 1 April 2021	145,260	34,592	10,190	8,190	-	198,232
On disposals	-	-	-	-	-
Charge for the year	7,815	1,631	665	1,181	342	11,634
At 31 March 2022	153,075	36,223	10,855	9,371	342	209,866
Net book value
At 31 March 2022	85,611	14,683	7,692	10,629	3,074	121,689
At 31 March 2021	93,426	16,314	6,652	11,810	-	128,202

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

12. Creditors: amount falling due within one year

	2022	2021
	£	£
Deferred Income	-	-

13. Restricted Funds

The income funds of the charity include restricted funds comprising the following unexpended balance of donations and grants held on trust for specific purposes:

Movement in Funds

Movement in Funds
Property Boats/equipment Motor vehicle	Balance at 1 April 2021 Incoming Resources Resources Expended Depreciation Balance at 31 March 2022 £ £ £ £ £ 93,426 - - 7,815 85,611 22,966 5,121 - 2,638 25,449 11,810 - - 1,181 10,629
	128,202 5,121 - 11,634 121,689

14. Analysis of Net Assets between Funds

Funds balance at 31 March 2022 are represented by: Tangible fixed assets Current assets Creditors	Unrestricted Funds Restricted Funds Total £ £ £ - 121,689 121,689 35,020 2,457 37,477 - - -
	35,020 124,146 159,166

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