Auditors Report 2021
Overall, the funds available to the group decreased by £12,240.96. This is due to a decrease in the available funds within the groups executive account of £10,776.51
Group Costs
Repairs in 2021 totalled £17,381.35 compared to £12,132.92 in 2020 an increase of £5248.43, making a total of £29,514.27 spent in two years. This due to a variety of projects which includes installing a new heating system, exterior maintenance and refurbishment of window grills.
Cleaning costs were £1604.77 in 2021 compared to £1491.71 in 2020 a difference of £113.06 due the hourly cost increasing.
Gas and Electricity bills have increased to £1996.87 in 2021 from £1794.52 in 2020 but there is a pending refund of £1512.09 from the gas supplier.
Rent in 2021 £10,965.00 was received compared to 2020 £12,058.28 a decrease of £1580.24 This is due to:-
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Lockdowns
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Fewer bookings e.g. Christchurch
This means hut rental in 2020 was approximately half that of 2019. The receipt of £10,000 from HDC covered this deficiency.
Balances
Are held with the aims of the funds to provide the necessary funds to • Lloyds current £13,797.32 (for expenditure):Funds to cover the general maintenance of the hut and other associated costs incurred in the running of the 1[st] Baldock Scout Group.
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Lloyds £ 15,067.67 (savings)
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Barclays £7,841.04 (refurbishment fund)
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Barclays £1921.42 (winding up fund) - Funds to cover the costs of ‘winding up’ 1[st] Baldock scout Group as a legal entity.
Funds available in the group
Total funds available in the group’s name £49,064.68 (a decrease of £12,240.96 compared to 2020)
Suggested Actions
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Sections have available £10,437.23 and need to ensure funds raised are spent on activities
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Priorities future maintenance / site developments