OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Grafton District Scout Council

2024-03-31-accounts

Charity Registration No. 1114244

GRAFTON DISTRICT SCOUT COUNCIL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

GRAFTON DISTRICT SCOUT COUNCIL LEGAL AND ADMINISTRATIVE INFORMATION

Trustees R Shaw (Chair)
D Gibson (Secretary) (resigned 31/12/2023)
K Underwood (Treasurer) (resigned 03/06/2023)
T Jeffs (Treasurer) (from 03/06/2023)
R Kentigern-Fox (District Commissioner) (resigned 28/05/2023)
W Hazell (District Commissioner) (from 28/05/2023)
T Newman (District Explorer Scout Commissioner)
K Hancock
W Hazell (to 28/05/2023)
T Jeffs (to 03/06/2023)
M O'Connor
S Pearson
C Van Schaijik
H Huckin (from 03/06/2023)
R Skears
T Ajayi (from 12/03/2024)
Charity Number 1114244
Registered Office 35 Centurion Way
Wootton
Northampton
NN4 6LD
Independent examiner James Cope ACA
174a Fosseway Avenue
Moreton-in-Marsh
Gloucestershire
GL56 0EH
Bankers Lloyds Bank Plc
98 Victoria Street
London
SW1E 5JL
Barclays Plc
9 Midsummer Place
Milton Keynes
MK9 3GB
Monmouthshire Building Society
Monmouthshire House
John Frost Square
Newport
South Wales
NP20 1PX
Redwood Bank Limited
The Nexus Building
Broadway
Letchworth Garden City
SG6 3TA

GRAFTON DISTRICT SCOUT COUNCIL

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5 - 6
Balance sheet 7
Notes to the financial statements 8 - 20

GRAFTON DISTRICT SCOUT COUNCIL

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's articles of association, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The Purpose of Scouting

Scouting exists to actively engage and support young people in their personal development, empowering them to make a positive contribution to society.

The Values of Scouting

As Scouts we are guided by these values:

Integrity - We act with integrity; we are honest, trustworthy and loyal. Respect - We have self-respect and respect for others.

Care - We support others and take care of the world in which we live.

Belief - We explore our faiths, beliefs and attitudes.

Co-operation - We make a positive difference; we co-operate with others and make friends.

The Scout Method

Scouting takes place when young people, in partnership with adults, work together based on the values of Scouting and:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

GRAFTON DISTRICT SCOUT COUNCIL

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

Achievements and performance

A new Lead Volunteer and leadership team has been appointed this year who have therefore brought a new vision to the District to take us forwards in the years to come, promoting Skills For Life. The Leadership Team were very keen to get the views of adult volunteers within the District on the direction it should take and this has led to the publication of a District Development Plan.

We reported a like for like growth of -3.15% compared to 2023 however we had a headline growth figure of +13.21% as we have welcomed 1st Hardingstone Scout Group into the District. Sustainable growth will continue to be a focus for the charity so that we are reaching as many young people as possible, whilst supporting our wonderful adult volunteers.

We continue to face the issue of needing more volunteers, as do many other organisations at the moment, however we are doing everything that we can to support our Groups in recruiting volunteers. This has included purchasing a number of recruitment resources that will be made available to use at all local events to support Groups in recruiting adults.

Financial review

During the year income totalled £36,187 (2023: £30,426), consisting of £22,943 (2023: £16,883) in unrestricted funds, £2,110 (2023:£Nil) of restricted funds and £11,134 (2023: £13,543) in designated funds. Expenditure was £30,860 (2023: £28,210) consisting of £21,189 (2023: £18,781) from unrestricted funds and £9,671 (2023: £9,429) from designated funds. Surplus for the year was £5,327 (2023: £2,216), with a surplus of £24,384 (2023: deficit of £2,159) within unrestricted funds, a surplus of £2,110 (2023: £Nil) within restricted funds and a deficit of £21,167 (2023: surplus of £4,375) within designated funds.

Reserves Policy

It is the policy of the charity that a quantity of unrestricted funds which have not been designated for a specific use should be maintained at a level to ensure that the District can continue to function if income is disrupted, provide support in response to an unseen / emergency / disaster situation, cover any liabilities in the event of a Group ceasing to operate or defaulting on a loan to a third party and provide support for Spotley Wood Campsite in case of an unexpected event. The value of the funds held in reserve will be reviewed and adjusted accordingly when planning and agreeing the annual District budget or the District Trustee Board becomes aware of a change in situation that impacts the purpose or requirement of the reserve funds. The level of reserves has been maintained during the year.

Investment Policy

The charity does not hold significant enough funds to make longer term investments. As such, the charity operates a policy of low-risk investments with banks and building socities.

The District Trustee Board regularly monitors the levels of bank balances and the interest rates received to ensure that the District obtains maximum value and income from its banking arrangements.

GRAFTON DISTRICT SCOUT COUNCIL

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Structure, governance and management

The District's governing documents are those of The Scout Association. They consist of a Royal Charter, which in turn gives authority to the Bye Laws of the Association and The Policy, Organisation and Rules of The Scout Association.

The District is a trust established under its rule which are common to all Scouts.

The Trustees are appointed in accordance with the Policy, Organisation and Rules of The Scout Association. The District is managed by the District Trustee Board, the members of which are the 'Charity Truustees' of the Scout District which is an educational charity. As Charity Trustees they are responsible for complying with legislation applicable to all charities. This includes the registration, keeping propert accounts and making returns to the Charity Commission as appropriate.

The Trustee Board consists of the Chair, Treasurer and 9 Trustees (including 2 Ex Officio Trustees and 1 co-opted trustee) and meets, on average, every 3 months.

Members of the Trustee Board complete Being a Scouts Trustee learning within the first 6 months of joining the board.

The District Trustee board exists to make sure the charity is well-managed, risks are assessed and mitigated, buildings and equipment are in good working order and everyone follows legal requirements and the organisation's policies and rules. Their support helps other volunteers run high-quality and safe programmes that gives young people skills for life.

The trustees' report was approved by the Board of Trustees.

R Shaw

Trustee Dated: 18th June 2024

GRAFTON DISTRICT SCOUT COUNCIL

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF GRAFTON DISTRICT SCOUT COUNCIL

I report to the trustees on my examination of the financial statements of Grafton District Scout Council (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. the accounting records were not kept in accordance with section 130 of the Charities Act; or

  2. the financial statements do not accord with those records; or

  3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in conjunction with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

James Cope ACA 174a Fosseway Avenue Moreton-in-Marsh Gloucestershire GL56 0EH

Dated: 19/06/2024

GRAFTON DISTRICT SCOUT COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Current financial year
Unrestricted
funds
2024
Notes
£
Income from:
Donations and legacies
3
9,507
Other trading activities
4
7,662
Charitable activities
5
4,139
Investments
6
1,635
Total Income
22,943
Expenditure on:
Raising funds
7
6,220
Charitable activities
8
14,969
Total resources expanded
21,189
Net incoming / (outgoing) resources
1,754
before transfers
Gross transfers between funds
22,630
Net expenditure for the year /
Net movement in finds
24,384
Fund balances at 1 April 2023
42,677
Fund balances at 31 March 2024
67,061		 Restricted
funds
2024
£
2,110
-
-
-
2,110
-
-
-
2,110
-
2,110
-
2,110		 Desginated
funds
2024
£
2,786
-
8,348
-
11,134
-
9,671
9,671
1,463
(22,630)
(21,167)
37,827
16,660		 Total
2024
£
14,403
7,662
12,487
1,635
36,187
6,220
24,640
30,860
5,327
-
5,327
80,504
85,831		 Total
2023
£
8,272
10,091
11,873
190
30,426
7,781
20,429
28,210
2,216
-
2,216
78,288
80,504

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

GRAFTON DISTRICT SCOUT COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Prior financial year

Unrestricted
funds
2023
Notes
£
Income from:
Donations and legacies
3
6,635
Other trading activities
4
8,301
Charitable activities
5
1,757
Investments
6
190
Total Income
16,883
Expenditure on:
Raising funds
7
6,182
Charitable activities
8
12,599
Total resources expanded
18,781
Net incoming / (outgoing) resources
(1,898)
before transfers
Gross transfers between funds
(261)
Net expenditure for the year /
Net movement in finds
(2,159)
Fund balances at 1 April 2022
44,836
Fund balances at 31 March 2023
42,677		 Desginated
funds
2023
£
1,637
1,790
10,116
-
13,543
1,599
7,830
9,429
4,114
261
4,375
33,452
37,827		 Total
2023
£
8,272
10,091
11,873
190
30,426
7,781
20,429
28,210
2,216
-
2,216
78,288
80,504

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

GRAFTON DISTRICT SCOUT COUNCIL

BALANCE SHEET

AS AT 31 MARCH 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 12 2,289 1,708
Current assets
Stocks 13 2,971 2,390
Debtors 14 2,837 3,940
Cash at bank and in hand 135,200 123,816
141,008 130,146
Creditors: amounts falling due
within one year 15 (57,466) (51,350)
Net current assets 83,542 78,796
Total assets less current liabilities 85,831 80,504
Income funds
Designated funds 16 16,660 37,827
Restricted funds 17 2,110
Unrestricted funds 67,061 42,677
85,831 80,504

The financial statements were approved by the Trustees on 18th June 2024.

R Shaw Trustee

GRAFTON DISTRICT SCOUT COUNCIL NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

Grafton District Scout Council is an unincorporated charity as agreed by Royal Charter on 04 January 1912

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's articles of association and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Membership subscriptions collected on behalf of other parts of the Scout Movement are reported in the SoFA net of any amount paid out. This is because these subscriptions are in effect held as agents before being paid out.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commiting the charity to that expenditure, it is probable that the transfer of economic benefits will be required in settlement and the amount of that obligation can be measured reliably.

Costs of generating funds are recognised as monies directly spent on fundraising activities, primarily that of fundraising events. These are further analysed in the notes to the accounts.

Expenditure on charitable activities are those costs incurred directly on the furtherance of the charities charitable objects. These costs are further analysed in the notes to the accounts.

Each charitable activity also receives a time-weighted share of support and governance costs.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost of valuation, net of depreciation and impairment losses.

Depreciation is any recognised so as to write off the cost or valuation of assets less their residual value over their useful lives on the following bases:

Camping equipment 3 - 5 Years Straight Line Support equipment 3 Years Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

GRAFTON DISTRICT SCOUT COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforcable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initally measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the agreement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and Legacies

Unrestriced
funds
2024
£
Membership
Subscriptions
60,857
Amounts
Paid to
(51,503)
Gift Aid
3
Jamboree
Donations
-
Misc
Donations
150
9,507		 Restricted
funds
2024
£
-
-
-
2,110
-
2,110		 Designated
funds
2024
£
4,740
(2,676)
722
-
-
2,786		 Total
2024
£
65,597
(54,179)
725
2,110
150
14,403		 Unrestriced
funds
2023
£
48,009
(41,393)
-
19
6,635		 Designated
funds
2023
£
4,147
(3,464)
954
-
1,637		 Total
2023
£
52,156
(44,857)
954
19
8,272

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

4 Other trading activities

Badge Sales
Spotley Wood Campsite
Other Income
Analysis by fund
Unrestricted funds
Designated funds
5
Charitable activities
Band
Beaver Scouts
Scouts
Explorer Scouts
DofE
Paulerspury
Unrestricted funds
Designated funds		 2024
£
5,477
1,450
735
7,662
7,662
-
7,662
2024
£
439
3,144
995
5,818
2,091
-
12,487
4,139
8,348
12,487		 2023
£
6,559
1,790
1,742
10,091
8,301
1,790
10,091
2023
£
124
1,225
-
4,995
532
4,997
11,873
1,757
10,116
11,873

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

6 Investments

Investments
Interest receivable
Raising funds
Unrestriced
funds
2024
£
Trading costs
Badge Costs
5,551
Wood
Campsite
669
6,220		 Designated
funds
2024
£
-
-
-		 Total
2024
£
5,551
669
6,220		 Unrestricted
funds
2024
£
1,635
Unrestriced
Designated
funds
funds
2023
2023
£
£
6,182
-
-
1,599
6,182
1,599		 Unrestricted
funds
2023
£
190
Total
2023
£
6,182
1,599

Badge Costs
Wood
Campsite
7,781

7 Raising funds

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

8 Charitable activities

Band
Beaver Scouts
Cub Scouts
Scouts
Explorer Scouts
Young Leader Scheme
District Activities
Growth & Development
Awards
DofE
Hardship Fund
Paulerspury Scout Group
Share of support costs (see note 9)
Share of governance costs (see note 9)
Analysis by fund
Unrestricted funds
Designated funds		 Supporting
Scouting
2024
£
641
3,081
11
787
7,016
39
331
1,538
199
728
-
-
14,371
5,753
4,516
24,640
14,969
9,671
24,640		 Supporting
Scouting
2023
£
1,046
494
-
-
6,245
424
1,850
2,621
-
416
300
239
13,635
4,082
2,712
20,429
12,599
7,830
20,429

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

9 Support Costs

Support Governance
Costs
Costs
£
£
District Uniform
719
-
Professional
Services &
Licenses
1,382
-
Room Hire
703
-
Bank Charges
408
-
Group
Support &
Executive
-
-
District IT Costs
892
-
Sundry
Expenses
332
-
Depreciation
733
-
Printing,
Postage &
Stationery
584
-
Leaders &
Officers Travel
-
4,516
5,753
4,516
Analysed
between
Charitable
activities
5,753
4,516		 2024
£
719
1,382
703
408
-
892
332
733
584
4,516
10,269
10,269		 Support
Governance
Costs
Costs
£
£
40
-
1,435
-
135
-
30
-
1,795
-
-
-
380
-
267
-
-
-
-
2,712
4,082
2,712
4,082
2,712		 2023
£
40
1,435
135
30
1,795
-
380
267
-
2,712
6,794
6,794

No costs were incurred in respect of independent examination of these accounts (2023: £Nil).

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year other than being reimbursed expenses and travel costs as detailed in note 9 above.

11 Employees

There were no employees during the year.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

12 Tangible fixed assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation and impairment
At 1 April 2023
Depreciation charged in the year
At 31 March 2024
Carrying amount
At 31 March 2023
At 31 March 2024
13 Stocks
Badge stock		 Camping
Equipment
£
1,686
1,059
2,745
350
585
935
1,336
1,810		 Support
Equipment
£
394
255
649
22
148
170
372
479
2024
£
2,971		 Total
£
2,080
1,314
3,394
372
733
1,105
1,708
2,289
2023
£
2,390

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

14 Debtors
Amounts falling due within one year:
Badge invoices unpaid
OSM Payments on Account
Trade Debtors
Other Debtors
Prepayments & Accrued Income
15 Creditors
Amounts falling due within one year:
Accruals
Deferred Income
Jamboree monies on account
Other Creditors		 2024
£
303
77
1,490
-
967
2,837
2024
£
57,186
280
-
-
57,466		 2023
£
460
619
116
2,745
-
3,940
2023
£
46,370
-
2,235
2,745
51,350

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

16 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at 1 Incoming Resources Balance at 1 Incoming Resources Balance at 31
April 2022 resources expended Transfers April 2023 resources expended Transfers March 2024
£ £ £ £ £ £ £ £ £
Spotley 29,185 1,790 (1,599) - 29,376 - (81) (27,295) 2,000
Explorers (885) 6,828 (6,245) - (302) 10,695 (8,949) 5,099 6,543
Band 3,910 124 (1,046) - 2,988 439 (641) - 2,786
Paulerspury - 4,801 (239) - 4,562 - - (4,562) -
Growth & Developmen - - - - - - - 3,800 3,800
Harship Fund 1,242 - (300) 261 1,203 - - 328 1,531
33,452 13,543 (9,429) 261 37,827 11,134 (9,671) (22,630) 16,660

Spotley

Incoming resources relate to camp fees. Running costs for the site will be charged to the fund and the trustees will review the need to transfer additional amounts from the general reserve in order to build up a fund to provide for future costs for the site, in particular significant repairs and maintenance costs and the legal costs associated with renewing the lease.

Explorers

Monies introduced by Explorer Scout Units, including Membership Fees and camp fees, less expenditure incurred by or in respect of them, including where relevant, capitation and gift aid.

Band

Monies introduced by the band, including Membership Fees, donations for appearances and performances and other fundraising income less expenditure incurred by or in respect of the band and its activities

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

16 Designated funds (continued)

Paulerspury

Monies held from the temporarily closed Paulerspury Group for use if the Group re-opens.

Growth & Development

Monies set aside to support Growth & Development within the District for example through providing grants to new Sections & Groups.

Hardship Fund

Monies set aside for the inclusion of all in Scouting activities. This is topped up by 0.5% of gross membership fees each year, capped at £2,500.

17 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

World Scout
Jamboree		 Balance at 1
April 2022
£
-
-		 Incoming
resources
Resources
expended
£
£
-
-
-
-
Movement in funds		 Transfers
£
-
-		 Balance at 1
April 2023
£
-
-		 Incoming
resources
Resources
expended
Transfers
£
£
£
2,110
-
-
2,110
-
-
Movement in funds		 Balance at 31
March 2024
£
2,110
2,110

World Scout Jamboree

Monies in relation to the World Scout Jamboree held for use to fund participants fees.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

18 Analysis of net assets between funds

Unrestricted
funds
2024
£
Fund balances
at 31 March
2024 are
represented by:
Tangible Fixed
Assets
2,289
assets/(liabilitie
s)
64,772
67,061		 Restricted
funds
2024
£
-
2,110
2,110		 Designated
funds
2024
£
-
16,660
16,660		 Total
2024
£
2,289
83,542
85,831		 Unrestricted
funds
2023
£
1,708
40,969
42,677		 Designated
funds
2023
£
-
37,827
37,827		 Total
2023
£
1,708
78,796
80,504

19 Related party transactions

During the year donations from Trustee's totalled £Nil (2023: £Nil)