Trustees’ Annual Report for the period
From 1 January 2023 Period start date To 31 December 2023 Period end date
Charity name: Don Broome Scout Trust
Charity registration number:
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote the development of young people in achieving their full physical intellectual social and spiritual potentials as individuals as responsible citizens and as members of their local national and international communities. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Supporting Scout Charities within the London Boroughs of Greenwich, Lewisham. Lambeth, Southward and Wandsworth by providing grants for the development of Scouting. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the guidance on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Grants are made to Scout Groups, Districts or the Scout County of Greater London South to support projects which aim to provide better Scouting for more young people. |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | There are no volunteers other than the Trustees and the Treasurer. |
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the year the following grants were made: Greater London South County: • Top Awards Team Training Southwark District: • Tentage for Phenix Explorer Scout Unit. Lewisham District: • Support for minibus driver traning for Discover and Golden Hind Explorer Scout Units; • Support for purchase of canoe and associated equipment. 7thRoyal Greenwich Scout Group: • Start up Grant for Explorer Scout Unit 2ns Deptford Scout Group: • Three start up grants for new sections. In addition the Trustees agreed in principle to providing a grant to Greater London South County to support their development service although this was not paid until the 2024 financial year. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 |
Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the end of the financial year the Trust held assets worth £613,316 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Trust’s Policy is to apply its income to its charitable objects but not normally draw on the capital, thus ensuring benefit to future beneficiaries. |
| Amount of reserves held | Para 1.22 | Since Trustees do not draw on the trust fund capital the whole fund is effectively a reserve, |
| Reasons for holding zero reserves |
Para 1.22 | Not relevant. |
| Details of fund materially in deficit |
Para 1.24 | Not relevant: |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
The Trust was set up with a bequest from the late Donald Charles Broome who expressed the wish that it be used for the support of Scouting in the London Boroughs of Greenwich, Lambeth, Lewisham, Southwark and Wandsworth. The Trust’s only income is from investment income and bank interest and Trustees do not seek to raise funds. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The Trust’s investments are managed by an Independent Financial Advisor with the aim of maintaining capital whilst generating income to achieve the Trusts charitable purpose. |
| A description of the principal risks facing the charity |
Para 1.46 | None. A reduction in the value of or the income from investments would not stop Trustees from disbursing such income as they had. The Trust has financial procedures designed to minimise fraudulent activity on the part of Trustees or Treasurer. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed dated 1 January 1999 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated Trust. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the County Trust Board of the Greater London South Scout County |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The Trust provides support to the work of the Scout movement within the five inner London Boroughs south of the Thames to enable Scout Charities within that area to better provide life changing opportunities to their young people. However the Trust is independent and Trustees are not bound by any decisions of local Scout charities. |
| Relationship with any related parties |
Para 1.51 | See above |
| Other |
Reference and Administrative details
| Charity name | The Don Broome Scout Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1089089 |
| Charity’s principal address | South London Scout Centre Grange Lane London SE21 7LH |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Michael Jackson | Chair | The Trustee Board of the | ||
| Martin Bain | Trustee | Greater London South | ||
| Paul Barber | Trustee | CountyScout Counci | ||
| Stuart Cunningham | Trustee | (CharityNo 303883) | ||
| AndyMelia | Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
`
Full name(s) Michael Hedley Jackson ~~ee~~
Position (eg Secretary, Chair Chair, etc) ~~ee~~ Date 20 September 2024 ~~|~~
THE ONB TTR PAY OR Re8tsict•d Desigted TOTAL Funds Fund8 FUNDS 2022 Fund• Rec•iFts .Oon8tions. Ilnc expenses) Interest. DNthnd$, Miscelkqneous 27 780 7,780 26.839 Sub tOL11 27.780 27.780 26.839 Asset & Investment ¥ales Sub totsl Total Rcelrts lory•a 27,780 Payrnonl¥ Grants Made Govefflance- Fees & Charges Governan- Insuran Govemance- Exse5 G0veMan. ML%cellaneou5 1,875 2.952 579 726 558 Sublttsl 1,875 Asset & Investment Pufchèses Sub trol TrAal Payments for yr ,2S Net Receipt5 1 (payts} Transfer berween Funds Transfers- Cash Invested [AddrtbaI PTrerywm Investrnent Ltd) Cash funds brought forward 25.872 128.8751 11 8751 28 875 22,582 36 079 33.0 13497 36.079 Cah lunds thos year Cash funds AF BANK- Ilnterest BearrvJl CAF BANK- Gohj AJC Ilnteresl 8eanngl CLA- COIF twsrt Ilnterest Beallng) Cash Iwrth Treasurer) 3,001 3,000 30 000 Trtal cash fvnd 10,078 38.001 Other monetary aM¢ts Debtors & Pre Payments Third Party Tons2¢tK>n$ due 78 78 Inv•8knent 88e Praemrn IAcurrn Inco PortfolDI, Ind cash 8ts BIFMI valUat)n gain I Ibssl @ 31112r23 558.934 55 615,7 156.7911 558,934 .3941 SS8,934 Llath"Ilti08 Credrtors & Receipts In advarKe Contingent Liabilrt TOTAL FUNDS fj13.611 595.013 Signed on behalf of all the trustees Signatu Name Datè of approval M H jackson 2510112024
Inde endent Examiner's Re ort to the Trustees of The Don Broome Scout Trust Independent examiner's report to the trustees of The Don Broome Stout Trust I report to the charit). trustees on MN. examinalion of the accounts of The Don Broome Scout Trust (the Trust) for the )'ear ended 31 December 2023. Responsibilities and basis of report As the chariTh' trustees of the Trust N'ou are responsible for the preparation of ihe accounts in accordance with the requirements of the Charities Aci 2011 ('Ihe Acf,). I report in respect of my examinaiion of ihe Trust's accounts carried out under section 145 of the Act and in carrying out my examinaiion I have followed all applicable Directions given b!. Ihe Chariry Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed m}, examinarion. I confirn] that no material Tnatters have come to my attention in conneclion with the examination uiving me cause to believe that in an) material respect.. accounting records were not kept in respect of the Tnt as required bsy section 130 of the Act. or the accounts do not accord with those records. I have no concerns and have Come across no other Tnatters in conneciion ivith the examination to which atteniion should be draw in this report in order to enable a Proper understanding of the accounts to be reached. John Lambourne FCA Latham Lambourne Ltd 18 Woodlands Park Bexley Kent DA5 2EL 9 July 2024 Page I