Stowmarket Dlstrlct Scout Councll STOWMARKEf DISTRicf SCOUT COUNCIL Charity Number 1069475 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 MARSH ACCOUNTANCY 67 GARDENERS ROAD DEBENHAM STOWMARKET SUFFOLK IP14 6RX
Stowmarket Dlstrlct Scout Councll Index to the Flnancial Statements For the year ended 31 March 2024 Page Independent Examiners Report Statement of Financial Artivities District Statement of Financial Activities - OWLS Statement of Financial Activities Explorers Statement of Financial Attivities - Scouts Statement of Financial Artivities - Cubs Statement of Financial Activities Beavers Statement of Financial Activities Bacton Consolidated Statement of Financial Activities Balance Sheet io Notes to the Accounts 11-12
INDEPENDENT EXAMINER'S REPORTTO THE TrUSTEES I report on the accounts of the Stowmarket District Scout Council for the year ended 31 March 2024 which are set out on the following pages. Respertive responsibilities of trustees and examiner The Charities trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit 15 not required for the year under section 114 of the Charities Act 2011 lthe Charities Act) and that an independent e¥amination is needed. It 15 my responsibility to.. Examine the flnancial ststements under sertion 145 of the Charitres Att To follow the procedures laid down in the general directions given by the Charity Commissioners (under section 1451511bl of the Charttles Act),. and To state whether particular matters have come to my attentlon. Basis of independent examine¢s report My exarnination wa5 carried out in accordance with the8eneral dirertion5 8iven by the Charity Commissioners. An e¥amlnJtion Includes a review of the accountlng records kept by the charity and a Mparin of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations for you as trustees concernlng such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and the report is limited to suth matters set out in the ststement below. Independent Examlnerfs statement In connection with my examination. no matter has come to my attention: Which gives reasonable cause to believe that in any material respert the requirements To keep accounting records in accordance with Section 130 of the Charsties Act and To prepare accounts which accord with the accounting records and To comply with the accounting reqUIrennts of the Charities Act have been met. or To which. in my opinion. attention should be drawn in order to enable proper understanding of the accounts to be reached. I would like to note in this port that it has not been possible to vertfy the value of the bge stock at 31 March 2024. Rachel Marsh FMAAT Marsh Acwuntsncy 67 Gardeners Road Debenham Suffolk IP14 6RT Date.. 0811112024
Stowmarket District Scoirt Councll Statement of Fln•ncl¥l Ac¢lvltles- Distrlrt For the Year Ended 31 March 2024 20 Income Badge 5ale5 District levy on membership fees 2C) 2,634 149 2,913 2.834 3.062 L)onatlons Donatrons Interest Bank interest and Investment income 229 3,084 229 TOTAL INCOME 6.918 3.291 Expendlture Badges Carol Service Equipment, repairs and upgrades- Haughley Park Explorers Start-up grants Event costs iy 86 27 303 1.821 Other experKliture Provision for frozen b3nk accounts (Barclays) Start up Squirrel Grants 443 450 893 Donatlons Donations made / sponsorship 250 250 Adffllnlstrtfv• expens District expense. P&S and AGM costs Insurancefor Hau8hley Park 162 244 333 210 Independent examiner Licen¢es 130 496 129 215 1,033 TOTAL EXPENDITURE 2,229 2.958 District Net Receipts I IPaymentsl tor the year 4.689 333 DEPRECIATION Depreciation of tangible assets 49 49 Page 2
Stowmarket Dlstrlrt kout Council Statement of Financlal Artl¥ltles- OWLS Sectlon Foi the Year Ended 31 March 2024 2024 2023 Income Donations Subscriptitins from members Opening cash from a previous year 91 TOTAL INCOME Z71 Expendlture Catering and Events Bums night and Christmas Dinner Venue hire 153 91 Gifts and other expenses IRecelpt in 2024} -290 75 TOTAL EXPENDITURE -290 319 Explorer Net Recelpts I (Paymentsl torthe year 290 Page 3
Stowmarket Dlstrlrt Scout Councll Ststement of Flnanclal ArtTvltles- Explorers Sertlon For the Year Ended 31 March 2024 Income Donation5 1 Triathlon collertion Start up grant from Distrirt and other funding sources Sale of Neckers and badges Paintballing activity Income from Expbrers Bowling activities Climbing artivity income from Expkirers 332 7C 105 1,575 1.410 975 Bank compensation 150 TOTAL INCOME i.sio 3.837 Expendlture Climbing costs Paintball event costs Bowling costs 1.650 1.570 Equipment costs, being tents and compasses Start-up grants paidto 2 Units 1.287 TOTAL EXPENDITURE 1,750 4,157 Explorer Net Receipts I IPaymentsl tor the year .240 -320 Page 4
Stowmarket Distrirt Scout Councll Statement of Hnandal Artl¥ltles- S<out Sectlon For the Year Ended 31 March 2024 2024 2023 Income Frostbite Camp LLqhtweight Hike 390 455 TOTAL INCOME ExPendIre Frostbite Camp Li8htwei8ht Hike 418 431 Admlnlstrntlve e¥pense5 Scouts Section General Expen5e5 -98 TOTAL EXPENDrruRE .98 Scouts Net Receipts / (Payments) tor the year 98 Page 5
Stowmarket District Scout Councll Statement ol Hnandal Artlvltles- Cubs Sertlon For th¢ Y¢•r Ended 31 Marth 2024 2024 2023 Income Sixers Cub Camp Cub Camp 235 4.960 5,195 TOTAL INCOME 5.195 Expendlture Sixers Camp District Camp costs Cub camp badges 233 4.586 79 4.898 TOTAL EXPENDrruRE 4,898 General Expenses 76 Cubs Net Recelpts / (Paymentsl torthe year 221 Page 6
Stowmarket Distrirt Scout Council Statement of Flnanclal Artl¥ltles- Beaver Seetlon For the Year Ended 31 m1h 2024 202 Income Cub/ Beaver ¢amp Badge Income/ Badge day Christmas Party celebrntions Stanton Barnes camp Zoo Camp 2.250 665 212 625 2.530 1.310 4,437 8.405 TOTAL INCOME 4.437 8.405 Expendlture General activity costs inc food 999 Day and badges Badge Day and general actiwty costs Christmas Party Camp and Campflre expenses Zoo trip Stonham Barnes costs Hallow Tree costs 12 106 2,047 470 139 302 i.lco 1,759 1,930 2.634 1.187 7,626 Admlnlstratl¥e expen5e5 Beaver Section General Expenses 429 429 TOTAL EXPENDrrvRE 4.895 7.626 Dlstnct Net Receipts I IPaymentsl tor the year 458 779 Page 7
Stowmarket Dlstrirt scout Council ststernent of Flnanclal ArtMtle5- Barton For the Year Ended 31 March 2024 2024 2023 Income Fund5 Ex 68Cton Scouts transferred to District EON Refund prior years 37,973 1.474 39,447 TOTAL INCOME 39.447 Expendlture Eon Electricity Water Premises insurance Fire extinguishers General repairs Bacton costs pre funds transFer 1.8sXI 41 583 62 293 TOTAL EXPENDITURE District Net Receipts I (Payments) for the year 36.400 NOTE This 5ertion Wbthin the accounts Ss explalned vAthin Note 7 to the notes to the Balance SheeL Page 8
Stowmarket Dlstrirt Scout Councll ststemert of Hnan¢lal Actfvltles- All Groups For the Year Ended 31 March 2024 2023 Income by sertlon OWLS Section tota15 Explorers Sertion totals Scouts Sertion totals Cubs Section tota15 Beavers Section totals 271 3,137 1,510 5.195 4.437 8.405 11,987 11.813 DSstr5rt Income Special net income arising from Bacton Distrirt levy, badge sales and other income 36.4LXI 2.834 3,062 39.234 3.062 OonatI*$ Donations received Interest Bank Interest ènd Interert on Investments 229 229 TOTAL INCOME 55,305 15,104 Expendliyre by sectlon OWLS Section totsls Explorers Section totals Scouts Section totals Cubs Section totals Beavers Section totals Section Gener31 Expenses -290 1.750 319 3,457 4.898 4.466 506 7.626 -98 12,177 11.304 Dlrtrfct ExndItuTe General Distrirt Expenditure 154 117 117 Other expendlture and don•thn Start up Squirrel Grants Provision for frozen bank atcounts18arclays) Spon50r5hip 450 443 250 893 250 Admlnirtratfve expenses Insurance for Haughley Park Haughley Park maintenance costs Explorer new unit start up grants Travel Expenses and other District Expenses 244 86 210 700 333 226 Independent Examiner Licences 130 496 129 215 1,183 14.406 2,591 14,262 TOTAL OPERATING EXPENDITLIRE Dlstrlrt Net Operntlng Reeelpts / {Payments) fortheyear Excludlnz £qulment purchases 40.898 NET DISTRICT RECEIPTS I IPAYMENts) 40,898 842 DEPREaATION Depreciation of Frxed Assets 49 Page 9
Stowmarket Dlstrlct Scout Councll Balance Sheet As At 31 March 2024 2024 2023 Flxed Assets Tangible Assets 9.724 9,724 Current Asset5 Badge Stock Debtor5 Sundry Debtors Cash at Bank /ln Hand Scout Short Term Investment 100 3,616 483 276,116 20,000 300,315 340,811 340,911 Current Liabilities Prepaid Income and other creditors 2,979 2,979 3,281 3,281 Net current a55etS 337,932 297,034 Net Assets 347,656 306,758 Represented By General Funds At 1st April 303.858 303,064 Revaluation Reserve Designated Funds re Bacton 2,900 36,400 2,900 Net Receipts l (Payments) for the year excluding equipment purchases Transfer of Bacton opening balance to Designated funds Transfer of Barton costs in the year from Designated funds 40,898 794 -37,973 1,574 4,499 794 At 31st March 347.656 306.758 Page 10
Stowmarket Dlstrict Scout Councll Notes to the Accounts For the year ended 31 March 2024 l Accountlng Pollcles Basics of Accounting Theie accounts are prepared under the receipts and payments method bl Provision for the depreciation of fixed a55ets held for the use by the charity is made at annual rates calculated to spread the cost (less anticipated residual value) of each asset evenly over its expected useful life. The depreciation rates currently in use are: Equipment - 30% straight line method The Boundary Hill Cabin Complex stands on land owned by the Trustees of Haughley Park and there is no official written lease. Normally the value of the building would be depreciated over the life of the lease. In view of the fact that the buiding was extensively refurbished and extended. no depreciation has been provided for. The District maintains the building in good condition and therefore do not intend to provide depreciation in the current year. 2 Tanglble Assets Property Equipment Total COST Brought forward Additions Disposals Carried forward 9,724 8.151 17,875 9,724 8,151 17,875 DEPRECIATION Brought forward Charge for the year Eliminated on Disposal Carried forward 8.151 8,151 8,151 8,151 NEf BOOK VALUE Brought forward 9,724 9,724 Carried forward 9,724 9,724 Page 11
Stowmarket Dlstrlct Scout Councll 2024 2023 3 Cash at Bank and In Hand Bank current accounts Bank deposit accounts Cash in hand 53,661 287,150 268,931 7,003 181 340,811 276,115 4 Short Term Depostts Scout Association Short Term Investment Service 20,000 S Liabilities Creditors: amounts falling due within one year Prepaid membership fee income 2.979 2,820 2,979 2,820 6 Revaluation Reserve The cost of the original Boundary Cabin was written off in 1967. but following extensive refurbishment and extension. was revalued at 31st March 1998. Thls revaluatlon gave rise to a revaluation surplus of £2,900. 2024 2023 Surplus on revaluation 2,900 2.900 7 Speclal Income recelved in the year Bacton Scout Group. The Trustees have taken the view that this money should be treated as designated funds within the Distritt Accounts. These funds will be used to support the upkeep of the Scouting facilities at Bacton. The net remaining funds may be used to restart the Bacton Scout Group at some time in the future, or for some other purpose as decided by the Trustees. During the year a net £1,574 was spent on the upkeep of the 8acton scouting facilities. These ongoing operating costs are treated as a reduction in the designated funds. Page 12