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** **1** of **12** 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 **2** of **12** 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| **3** of **12** 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. **4** of **12** 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** **5** of **12** 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**| **7** of **12** 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**| **8** of **12** 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 **9** of **12** 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**| **10** of **12** 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| **11** of **12** 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**| **12** of **12**