Charity registration number: 1083971 Poole Scouts Districts Finance Committee Annual Rcport and Financial Stalemonts for the Year Ended 31 March 2025 Tudor Payne & Co Chartcrcd Accountants 54 Parkslone Road Poole Dorsel BH15 2PG
Poole Scouts Districts Finance Committee Contents Reference and Administrative Details Trustees, Report _ Independenl examinevs report Ststement of financtal aclivities Balance Sheet Notes to Ihe financial StaMents 6t0 13 The following page does not forn] part of the statutory financial ststemenls.. Ststement of financial aciivilies per fund 14
Poole Scouts Districts Finance Committee Reference and Administrative Details Chvdrity Poole Scouts Districtb. Finance Commiltee Charity re¥i5tratlon number 1083971 Prlnclpal offlce Denis Gooding Centre 53 Layton Road, P8rkstone, Poole, Dorset Re%lstered offlce Denis Gooding Centrc 53 Layton Road. ParLsione. Poole. Dur8¢t Tru$tee8 Andrew Williams. Chainnan (Resigned 22 July 2024) Peter Trayler. Trcasurer Marsha Magnin. Group ReprentAtIVe Anthony Dakin, (imup Rcpresenialivc r)avid Trenl, Group Rcpresenlalive Dave l.larrison, Secretary Salley Trayl¢r, Appointmcnls secret (Rcsignrd 22 July 2024) Ro8cr Thrcsh. Group Rcprescniative Adam Hyland, Group Rcpresentutive lan Gray, Group Reprc8cntstive David (iherardi. Ch&innan (Resigned 22 July 2024) (Resigned I September 2024) (Appointed 22 July 2024) Paul Roberlson. Lead Volunteer (AppOind 22 July 2024) (Appointed l February 20251 Lily Alner, Youth Lead Bankers Lloyd% Banking (iroup 45 Old ChrislchurLh Road Boum¢mouih Dorset Accountant Tudor Paync & Co 54 Parkstone Road Poole BH15 2PG Investment Advisor Charles Stanley & Co Ltd Vadatech Ilouse Hounsdown Business Park Bulls Copsc Road Southampton Pdge I S040 9LR
Poole Scouts Districts Finance Committee Trustees, Report The Truslees of Poole District Scouts present the annual report together with the financial sLqtements of the charity for the year ended .Ilsi March 2025. The Trustees confirni that they have complied with the reqL5irements of section 17 of the Charitlcs Act 2011 to hav¢ due reg<wd to the public benefit guidance publisbed by thc Charily Commission for England and Wales. The Trusieets also confiThn that they have rontinued to operaie within the guidelines laid down within the Policy, Organisation and Rules published by Scoui Association Headquarters. It ensures that the progrdmme offerd by kout (Nroups within Poole meet Ihe District's aims to benefit the youth of Poole by providing training in Scouting. The Commiitee's financial position is &8 set out in the Balance Sheet and coniinues lo remain healthy. Its reserves are sel aside lo fiind its objective.s of training young people, which is achieved by following Scouting programmes s¢1 out in the Rules. Thc reservcs are also used to maintain Scout properties an(1 fund the athninistrnlion of Scouiin¥ in PLwle. A subst&tIal part of the reserve8 18 made up of invistments. which are inv¢8led in tUDds with 8 prolessional adviser whose remit is to maintain income as high as wiysible, without reducing the value of the investments. Income from inveslmeni¥ has risen somewhat over the past year. bul remains b¢low hisloriLal levels. However we hav¢ conlinu¢d to me¢1 all of our objeL'tiv¢s. The Ex¢(ulive continues lo look ai how to inLr¢a5¥ income in othL'r ways and will Lontinu¢ to look sen&ilivL.ly al fulurL' requ¢'sl8 that we may ceIVe for the use ()f Districi Halls. The cash reserves held mean that the current level of income is not a major issue for the immediately foresttuble fvture. The Lommitlee LoiilinuLs to providc support to the Groups in Poule. Thi5 is achieved ihrough 'SpOnding lo requests for capital funding that improves thc way in which Cjroups 8UPPQrt their activities. Our policy for approving grants h&$ not chan¥ed in the past year. all requiring presentation lo the Executive Lommittee for rdtifilation before sceking the advi¥e #nd approval of the FinanLe Comrnittee. No requests for funding have bcon rcccivcd in Ihe past year. Huwever. the ExeLutiv¢ Commitiee remains open lo new proposals. There were no major financial issues dealt with by the Tru&tee5 in the past year. However the refurbishment of the Denni5 Gooding Centr¢ was Lompl¢lcd and is now the new "home" for the Si Pcter's Slout Group. This work Liime lJr8¢ly within budgcl. A new prL 5LhoL)I IL&1 Wa24 found for Burd¢n H(Ill and this hds ¥ivcn us r¢¥ular additional income in the la8t year. Somc plcasing news 18 Ihe numb¢r of new Squirrcl Dreys crealcd. Distrtcl have been h&ppy to yupport set up when requestcd. The r)islriLI TL'drn continuL. lo pul in o greal d¢al of etyori to SUPPOrt ihe objective of SLoulin¥ in Poole. A5 a rcsult, il is hopcd that all Dbjcclivcs cark be met in the coming year. Thanks as always are due to all adult members for the suppor( provided to Scouting . The pL)licy adopt for appointing TTuslees is 5cI out in the Policy. Organisation and Rules. A full list of Trustees is reproduced on pagc l - Charity Information. Approved by the Trustees and signed on their behalf by.. David Gherardi Trustee Date.. Page 2
Independent Examiner's Report to the Trustees of Poole Seouts Districts Finance Committee I report on the accounts of the TNst for the year ended 31 March 2025. which are s¢1 out on pages 4 to 13. Respeetlve responslbilitles of trustees And examlner The tntstees are responsible for the preparation of the accounts. The trustees consider that an audit is not rcquircd for this year under section 144(2) of the Charities Aci 2011(the 2011 Act) and that an independent examination is nLeded. It is my re5pon5ibilily to: examine the accounls under seclion 145 of Ihe 201 l Act: folli)w the procedures laid do in ihc Gcncral Dircclions given by ihe Chariiy Commission under section 145 {5) (b) of the 201 l Act; and slate whether particular matters have come lo my allcnlion. B4515 of Indep¢ndvnt exallner'S report My examination wa4 Carried out in accordance with the Ciencral Dircctions given by the Charity Commission. An examination includes a review, of the accountin&T records kept by th¢ charity #nd a comparison of the aLLounts prcsLnt¢d with thos¢ rLLurds. It also inLludLS Lun5idL'raliun of any unusual ilLms or disLlosurcs in the ccounl8, and secking cxplanati(Jns from y(Ju as tru.stces Lonceming any quch matter8. The proccdures undcrtaken do not provide all Ihc cvidcncc ihat would be required in an audit and conscqucntly no opinion is iiven as to whether the &iccounts prcscnt u 'tnie ynd fair view, unil the report is limited to those maltepi sel out in Ihc slalcmenl beluw. Independent examlner'5 Statetnent In conncclion with my ex4minalion. no matter hL$ come to my artcniion: ( l) whi¢h gives mc rcasonablc LausL lo belicvc thal in any malcrial T¢p¢t the requiremcnt5.' io kccp accounling rccords in accordance with section 130 of ihc Acl: and to prepare accounts which accord with the accounting records and comply wilh the u¢¢ountin8 requirements of ihe 201 l Act have not been mei.. or {2) tv whi¢h. in my upinion. attcnlion should be drawn in order to enable a proper undcrstanding of the ar¢ounls lo bL' rcaLhcd. 54 Parkstone Road Po()Ic Dursel AT Pdync F Tudor Payne & Co Chartered Accountants BH15 2PG Dale:.. Page 3
Poole Scouts Districts Finance Committee Statement of Financial Activities for the Year Ended 31 March 2025 Unrestrlcted Total Funds Funds 2025 Total Funds 2024 Note Incoming resource5 Incoiiiin&J rcsources from 8encrdtcd funds Acttvities for generating funds Invcslmcnt income Othcr incominb? resources Total incoming resources 21.644 48,287 11,765 81,696 21,644 48.287 11.765 81,696 21.914 46.227 11.-302 76,443 Resources expended C'ost.5 nl. Lycneraiing tunds Fundraising trading- cost of gioods sold and other 63.662 16.763 3.650 144.075 60.479 13.369 4.0110 77,928 Charitable a¢iivities GovLrnance costs Tolal resources expended 16.763 3.&50 84,075 10 Nct outgoin¥ resources beforc othLr reLulScd ¥(iins and losscs (2.379) (2.379) (1.485) Other rccoRnlsed galns/l(Jsses (idllis un di%piTrsdl ur rixLd (154LI inv¢stmL'nls Lusses on rcvuluation of invL%lmLnl #Sbcls -$7,058 (176,921) 57,058 1176.921) 7.893 {123.178) Net movements in funds (122.242) 1122.242) 1116.770) Re¢onclllallon of funds Total funds brought forward To&1 tunds carried lonvard 2,211,072 2.088,830 2,211,072 2.088.830 2,204.664 2,087,894 The notes on pages 6 10 13 forni an integral part of these financial Statements. Page 4
Poole Seouts Districts Finance Committee Balance Sheet as at 31 March 2025 2025 2024 Note Fixed 285et5 Tangible assets Investments 13 14 684,163 1.337,651 2,021.814 682.969 1.336.479 2,019.448 Current assets Sio¢k% and work in prowcss Dcbiors Cash at bank and in hand 14,129 4.466 95.904 114,499 13,400 5,563 119,151 138.114 15 Credltory: Amountg fllln% due withln one yer 16 (47,483) (69,668 Net current a$$et5 67.016 68,446 Net assets 2,0118,830 2.087.y¢44 The funds of th¢ eharlty: Unrestrlcted funds Unreytricted incom¢ funds 2,088,830 2.087,894 Total ch3rlty funds The financial ststements have been prepared in accordan¢e with thc Ftnancial Reporting Standard for Smaller Enlities (effective January 2015). 2.088.830 2.087.894 Approved by the Board on K.3[ErZr and si8ned on its bchaif by: David Gherdrdi Trustee Thc notes on pages 6 to 13 fonn an inlegrdl part of these financial stalemcnts. Page 5
Poole Scouts Districts Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 Accountlng policieg B$15 of preparadon Th¢ financial statemenis have been prepared under the historical cost convention and in accordance with thc Stalemeni of Recommended Practi¢c 'Accounling and Rcporting by Charities {SORP 2005}', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Ch&rities Act 2011. Fund aecountlng policy Unrestricted incom¢ tiinds are gen¢rJl funds that are available for us¢ at the Intte8, discretion in furtherance of the objectives of the charity. Further dclails of each fund ar¢ disclosed in note 18. Incomln% resources Shop incom¢ is re¢ogni8ed as earned Ithal 15, as the related goods or services arc provided). Investment income is rccognised on a r¢¢civable basis. Resources expended LiabilitlC5 are recogniscd as soon as ther¢ is a legal or con8iruclive obligation committing the charity lo ihe expendilure. All expenditure is accounted for on an ac¢rual% ba8i.s and ha8 been cla%sified under heading that aggrcgate all Losls rLlatLd io thc category. Costs ofgencraling funds are the cosL8 of trading for fundrdising purpD8CS. Charitable expenditure comprise$ those c05t.s incurred by the charity in the delivery of ils activities and s¢rviccs for its bcn¢fiLiaries. It inLlud¥s both cosls that can be allocated directly 10 such activities and those ¢vsls oran indireLI naiurc neLessary 10 5upporl thcm. Grant% payable are paymenL% made to Ihird Pdrties in the furtherance of the churiioble objectives. Where Ihc charity gives a grant with condition4 for its paymcnl bcing a specifiL level of service or output to be providLd. such ¥rants arL' only r¢¥(IgrnibLd in Ihc S()FA onLL the ri'iipiLnl uf the ¥rani has providLd the specific service OT Output. Grants payable without perfomi&ttce condilions are only recognised in the accounts whcn a commitment has been madc and there are no Londilions lo be mel relating lo Ihe ¥rant which remain in the conirol of the harily. Provisions for grant% are madc when the intention to make a grant has bc¢n communicatcd to the recipient bul there i2 ullLLrtainty aboul LiihLr thL timing of the granl or thc iunounl of grani payable. Governance r0515 Governance costs include costs of the preparalion and examination of the ststytory accounls, the costs of trustee meetings and the cost of any legal advice lo trusiees on governance or constitutional matters. Support costs Support costs include c¢nlrdl function5 dnd have been allocated to activily cosl categories on a basis onsistent with the use of resources, for example, allocating property costs by floor arcas, or per capita, staff c051s by the lime spent and other costs by their usage. Page 6
Poole Scouts Districts Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 conlinued Fixed Assets Individual fixed assets costing £0 or more are initially recorded at cosl. Deprec14tlon Dcprcciation is providcd on lan¥iblc fixed assets SO OS to wrile off the cosl or valuation. less any eslimui¢d residual value, over their expecied useful economic life as follows., Plant and machinery 250/0 reducing balance basis Investments Fixed asset inve¥tments are included al mark¢t value al the balance sheel date. Realised gains and losses on inve8lmenls are calculated as the difference between sales proceeds and Iheir markel valuc al the %lart of thc year. or ihcir subsequent cost. and are charged or credited to thc statement ol. IhL fin¢illLial activili¢s in thL period of dispoSill. Unrealised gains and los.se.s represent the movement in mdirkel values during the year and are credited or Charged to th¢ slatcmcnt of financial aLlivitics based on the market value at the year end. Stock Stock is valued ai thc lower of cost and nei realisable value, after due regard for obsolete and slow movin8 stocks. Nel realisable value is based on selling, price less anticipated cosls to completion and selling cost5. Item5 donalLd for resale OT di¥Trtribulion not included in thc financial stal¢ments until they are sold or distribulL.d. A¢tlvltles for ReneratlnR funds Unrestrlcted Tot*1 Fund5 unds 202S Total Funds 2024 Oper4tlng a¢tlvltle5 Shop inLum¢ OthLr income 21,435 209 21.()44 21,435 209 21.644 21.914 21.914 Page 7
Poole Scouts Districts Finance Committee Notes to the Finantial Statements for the Year Ended 31 March 2025 conlinued Inv¢$tment Income Unrestricted Tot41 Funds Funds 2025 Total Funds 2024 Income from listed investments Inlerest on cash deposits 47,915 372 47,915 372 43.892 2.335 48,287 48.287 46,227 Other Incomlng regouree$ Unrestrleled Total Fundj Totjl Funds Funds 2025 2024 Other Inctsme Rcnl8 rcccivable OihLr incomc 11.765 11,765 8.093 209 8.302 11,765 11,765 undra181ng tradlng: cost of goods sold and other ¢ost$ Unrestrlcled Total Funds Funds 2025 Total Funds 2U24 Operatln2 aetlvltles Fundraising costs Cost of g(M)ds sold Establishment costs Repairs and maintenance OlLe expenses Printing* Posting and stationcry Sundry and uthL'r cos15 Legal and professional costs Bank ¢h8rges Support costs alloLaled 4.OY6 18,826 8.298 12,892 655 1.443 1.358 15,112 (31) 1.023 63.662 4.OR6 18,826 8,298 12.892 655 1.443 1.3514 15.112 (31) 1.023 63,662 94 19,753 1,593 12.344 758 1.577 1,834 11.458 1.068 60,479 Page 8
Poole Scouts Districts Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 . conlinued Detall$ of ¢harlt4ble actlvltles Activities undertllken dlrectlv Grant fundlng of gctivities Suppurt costs Allocated 2025 2024 Charitsble activities 16,763 16.763 13,369 Support coats Oper¢lng ¢tlvltles Total Deprecialion of tangible fixed assets 1.023 1.023 GrantmAkin% Grants payable In furtherance of the Charlty, objvctlves Charitable activities 16,763 The support costs associated with grant making are £0. GrAnl8 to In$tltutlons Nme of In5tltutlon Actlvlty Explorer funding Charitable activities 16.763 10 Governance costs Unre5trl¢ted Tolal Funds Total Funds Funds 2025 2024 Accountancy & independent examination fees 3,650 3,650 4,080 Page 9
Poole Scouts Distriets Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 . conftnued I l Trustees. remuneratlon and expenses No tntee8 received any remunernlion or oth¢r benefits during the year ended 3151 March 2025 nor during the year ended 3 1st March 2024. There were no trUses, expenses paid for the year ended 3 Isi March 2025 nor for the year ended 3 1st March 2024. 12 Net outgolng resources Ncl oulgoing resourccs is staled after ¢hargin8: 2025 2024 Ikprccialion of tangible fixed asscls 1,023 ,068 Page 10
Poole Scouts Districts Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 cortlinued 13 Tanglble flxed *ssets Freehuld property SLOUt memorAbllla Equlpment Total Cost As ¢11 l April 2024 Addiiions As al 31 March 2025 6J6,112 1.331 637,443 15.R36 43.652 146 44,538 695,600 2.217 697.817 15,836 Depreciatlon As at l April 2024 Char¥L for the yL'ar As al 31 March 2025 1?,631 01 13,432 12.631 l.Q23 13,654 222 222 Net book value As al 31 March 2025 As al 31 March 2024 637,44.1 6.16,112 2.404 -3,205 44.316 4.3.652 6x4,163 6%? y69 14 Investments held as flxed I55et8 L15ted Ini'eslments Market value As 111 l April 2024 Revaluation Addilionb Di%p05als As al 31 March 2025 .336.479 (53,743) 129.652 (74.737) 1,337,651 et book value As #131 March 2025 1.337.651 1.336.479 As al 31 March 2024 All investment assets were held in ihe UK. Pagcll
Poole Scouts Districts Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 continued IS Debton 2025 2024 Trad¢ debtors Prepayments and accrued income 4.466 4.671 892 5,503 4.466 16 Credltors: Amounts f4lllng due wlthln one year 2025 2024 Other creditors Accruals and dcferred income 42.942 4.541 47,4¥3 36,524 33.144 69,668 Page 12
Poole Scouts Districts Finance Committee Notes to the Financial Statements for the Year Ended 31 March 2025 . conlinued 17 Related pArtles Controlling entity The charity is controlled by the tStees. 18 Analysls of funds Other At l Aprll 2024 Incoming resuurLes Resources expended At31 MArLh 202$ gainsllosses General Funds Unrestricted income fund 2.211.072 81.696 (114,1175) (119,X63) 2,n¥X,X30 19 Nel 4y$ets by lund Unrey¢rlcted Fund5 Tot#1 bunds 2025 Tot41 Trunds 2024 Tangible assets Inveslmenls Current as%cts Croditors.. Amounts falling du¢ within one year NLt assets 0114,161 1.-337.651 114,499 147.4113) 2,OX8.830 6x4.163 1.337.651 114.499 147,4831 ?.088.810 6112.969 1.3.36.479 13R,114 169.6611) 2.087,R94 Page 13
Poole Scouts Districts Finance Committee Statement of financial activities by fund Year Ended 31 March 2025 Unreslricted Unrestricted income fund income fund 2025 2024 Incoming resources Incoming resour¢es from generdled funds Activilics for gencrniing funds Inveslmenl income Other incoming resources Total incoming r¢sourLes ?1.644 48,287 11.765 81,696 21.914 46.227 8.302 76,443 Resources exp¢nded Costs of bvcnert%ng funds Fundrffjiising Irdding: ¢Ds1 of goods sold and L)Iher Lusts LharilablL l)Llivitic CyOVL'mancc costs Tolal resourL¢s expended 63,662 16,7fi3 .3,650 84.075 60.479 4,080 77,9211 Nel outgoing resources bcfore othcr recognised gains and losses Other recognly¢d %4lnsllnsses Gains on di%posal of fixoil 84¥LI invcstmLnls Losses on revaluaiion of investmenl assets (2,379) (1,485) 57.058 {176.921) 7.X93 (123.178) Net movemen18 in funds (122.242) (116.770) ReconclllAtlon of fund% Tolc11 flind% hmubhi forward Total funds carried forward 2,211,072 2,OXII,1130 2,204.664 2,OX7.1494 This page does not forni part of the statutory financial stalemcnts. Page 14