## **42ND COVENTRY SCOUT GROUP (NON CORPORATE CHARITY) FINANCIAL REPORT**
**FOR THE YEAR ENDED 31ST MARCH 20**
**Registered Charity Number 1130089**
## **42ND COVENTRY SCOUT GROUP**
## **FINANCIAL REPORT**
## **FOR THE YEAR ENDED 31 MARCH 202**
## **CONTENTS**
Charity's Trustee's and Members
Trustee's Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
## **42ND COVENTRY SCOUT GROUP**
## **CHARITY'S TRUSTEES AND MEMBERS**
## **FOR THE YEAR TO 31 MARCH 2021**
|**Principal Address**|St Barbara's Scout Group|
|---|---|
||Rochester Road|
||Earlsdon|
||Coventry|
|**Group Chairman**|Jennifer Waters|
|**The Group Secretary**|Peter Brommer|
|**The Group Treasurer**|Paul Friend|
|**Group Scout Leader**|Vacant|
|**Wednesday Cub Scout Leader**|James Mofat|
|**Thursday Cub Scout Leader**|Cheryl Krohn|
|**Parent Representatives**|Liz Warde|
||Jane Doran|
||Stuart Whitehouse|
||Sarah Smith|
|**Beaver Scout Leader**|Liz Payne|
|**Scout Leader**|Megan Cathcart|
|**Communications**|Alison Manning|
**42ND COVENTRY SCOUT GROUP**
## **TRUSTEES' REPORT FOR THE YEAR TO 31 MAR**
The trustees present the annual report along with the financial statements of the scout g for the year ended 31 March 2021.
## **OBJECTIVES**
The objective of the charity is to provide scout group activities for young people.
## **REVIEW OF FINANCIAL PERFORMANCE**
A summary of the excess expenditure over income is shown on the statement of financia activities (see page 4).
The accounts are prepared on the accruals basis. This basis is believed to give a true and fair view as to the position of the charity as at 31 March 2021.
## **PUBLIC BENEFIT STATEMENT**
The trustees have complied with their duty to have due regard to the guidance on public benefit as published by the Charity Commision in exercising their powers and dut The main activities of the scout group are to further its charitable purposes for public be
## **RESERVES**
At 31 March 2021 the fund reserve of the charity was £51,045.06 (2020 : £33,793.79). The reserve is restricted to achieving the objectives of the scout group.
## **Signed by the Group Chairman on behalf on the trustees**
## **Jennifer Waters**
Dated……………………….
**42ND COVENTRY SCOUT GROUP**
**EXAMINERS UNQUALIFIED REPORT FOR THE YEAR TO**
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF 42ND SCOUT GROUP**
I report on the accounts of the Charity for the year ended 31 March 2021, which are set
## **Respective responsibilites of trustees and examiner.**
The Charity's trustees are responsible for the preparation of the accounts. The charity's that an audit is not required for this year under section 144 of the Charities Act 2011 (th and that an independent examination is needed.
It is my responsibility to :
- examine the accounts under section 144 of the 2011 act;
to follow the procedures laid down in general directions given by the Charity - under section 144 of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general directions given by the C An examination includes a review of accounting records kept by the charity and a compa accounts presented with those records. It also includes consideration of any unusual item in the accounts, and seeking explanations from you as a trustees concerning any such m procedures undertaken do not provide all the evidence that would be required in an aud no opinion is given as to whether the accounts present a 'true and fair view' and the rep those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requiremen
- to keep accounting records in accordance with section 144 of the 2011 Act - to prepare accounts which accord with the accounting records and comply the accounting requirements of the 2011 Act have not been met.
5 The Quadrant Coventry West Midlands
Askews Chartered Certified Accoun
CVI 2EL
## **42ND COVENTRY SCOUT GROUP**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 202**
**2021 £**
**Incoming resources** Subscriptions Gift Aid Interest received Donations Fundraising Camp and activities Letting income Other Income Covid-19 Grants
## **Total incoming resources and net incoming resources available for charitable purposes**
## **Charitable expenditure**
|**Charitable expenditure**||
|---|---|
|Rates and water|187.11|
|Light and heat|617.13|
|Insurance|465.96|
|HQ Maintenance|3,459.09|
|Equipment|-|
|AGM Expenses|-|
|Capitation|2,857.80|
|Camp and activity expenses|214.00|
|Beaver expenses||
|Cub expenses||
|Scout expenses||
|Leader training|-|
|Stationery|47.50|
|Sundry expenses|20.92|
|Badges|-|
**Total charitable expenditure Net movements in funds Total funds at 1 April 2020 Total funds at 31 March 2021**
## **42ND COVENTRY SCOUT GROUP**
## **BALANCE SHEET AS AT 31 MARCH 2021**
|**Current assets**
Bank accounts:
Cash on deposit
Cash in hand
Debtors:
Gift aid tax due
Activites and subs
Prepayments
**Current liabilities**
Creditors:
Activities/Subs overpaid
HMRC
Accruals & deferred income
**Net current assets**
Restricted funds (see note below)|**2021**
**£**
50,782.66
100.85|
|---|---|
||50,883.51
140.63
-
-|
||51,024.14|
||-
-
-|
||-|
||51,024.14|
||51,024.14|
||-|
The General Fund is restricted to the financial activities necessary for achieving the obje charity as set out in the trustees' report.
## **Basis of accounting**
These accounts have been prepared on the basis of historic cost in accordance with Acc Reporting by Charities - Statement of recommended practice (SORP 2005) and the Char
## **Change in basis of accounting**
The basis of accruals has been applied to this years accounts and it is proposed that this going forward in order for the accounts to give a true and fairer view as described by the
## **Changes to previous accounts**
No changes have been made to the previous years accounts.
## **42ND COVENTRY SCOUT GROUP**
## **ACCOUNTING POLICIES**
## **INCOMING RESOURCES**
Recognition of incoming resources
These are included in the Statement of Fin y • the trustees are virtually certain they wi
- the monetary value can be measured wi
Incoming resources with related expenditure
Grants and Donations
Tax reclaims on donations and gifts
Contractual income and performance grants
Gifts in kind
Where incoming resources have related ex income) the incoming resources and relate SoFA
Grants and donations are only included in entitlement to the resources
Incoming resources from tax reclaims are gift to which they relate
This is only included in the SoFA once the
Gifts in kind are amounted for at a reasona the amount actually raised Gifts in kind for sale or distribution are inc distributed by the charity
Gifts in kind for use by the charity are incl receivable
Donated services and facilities
Volunteer help
Investment income
Investment gains and losses
These are only included in the incoming re resources expended) where the benefit to measureable and material. The value plac the charity of service or facility received.
The value of any voluntary help received i in the trustees' annual report
This is included in the accounts when rece
This includes any gain or losses on the sal in revaluating investments to market value
## **EXPENDITURE AND LIABILITIES**
Liability recognition
liabilities are recognised as soon as there the charity to pay out resources
Governance costs
Include the cost of trustee meetings and c governance or constitutional matters
Grants with performance conditions
Grants payable without performance conditions
Where the charity gives a grant without co of service or output to be provided, such g recipient has provided the specific service
These are only recognised in the accounts are no conditions to be met relating to the
Support costs
Support costs include central functions an categories on a basis consistent with the u by floor areas, or per capita, staff costs by
## **ASSETS**
Tangible fixed assets for use by charity
Investments
Stocks and work in progress
These are capitalised if they can be used f They are valued at cost or reasonable valu
Investments quoted on recognised stock e year end. Other investment assets are inc value
These are valued at lower of cost or marke
21
Page
CH 2021
group
al
ies.
## **O 31 MARCH 2021**
out on pages 4 to 7
trustees consider he Charities Act)
y Commision
Charity Commision. arison of the ms or disclosures matters. The it and consequently port is limited to
nts:
t; and with
ntants
**S 21**
||**2020**||
|---|---|---|
|**£**|**£**|**£**|
|652.50||7,020.00|
|129.58||1,292.33|
|12.93||63.06|
|-||-|
|-||617.50|
|214.00||2,941.00|
|-||511.00|
|40.00||824.00|
|24,050.85||-|
|25,099.86||13,268.89|
||456.52||
||357.80||
||510.65||
||1,085.60||
||134.94||
||-||
||3,144.00||
||2,765.46||
||-||
||310.68||
||939.17||
||623.85||
|(7,869.51)||(10,328.67)|
|17,230.35||2,940.22|
|33,793.79||30,853.57|
|51,024.14||33,793.79|
**2020**
**£ £**
**£**
32,288.77 161.77 32,450.54 1,301.25 40.00 148.00 33,939.79
66.00 - 80.00 146.00 33,793.79 33,793.79
ects of the
ounting and ity's Act 2011
s basis is used e trustees report.
nancial Actives (SoFA) when:; ll receive the resources; and th sufficient reliability.
xpenditure (as with fundraising or contract ed expenditure are reported as gross on the
the SoFA when the charity has unconditional
included in the SoFA at the same time as the
related goods or services have been delivered
able estimate of their value to the charity or luded in the accounts as gifts only when sold or uded in the SoFA as incoming resources when
esources (with an equivalent amount in the charity is reasonably quantifiable, ed on these resources is the estimated value to
s not included in the accounts but is described
eivable
e of investments and any gain or loss resulting e at the end of the year
is a legal or constructive obligation committing
costs of any legal advice to trustees on
onditions for its payment being a specific level grants are only recognised in the SoFA once the or output
s when a commitment has been made and there e grant which remain in control of the charity
d have been allocated to activity cost use of resources, e.g. allocating property costs y the time spent and other costs by their usage
for more than one year, and cost at least £500. ue on receipt
exchange are valued at market value at the luded at trustees' best estimate of market
et value