i THRIFTWOOD MEMORIAL scour CAMP srrE srATEMENT OF FINANCIAL AcrniirI FOR THE YEAR ENDED 31 DECEMBER 2024 Notss 12 MThS TO 31-12-24 12 MTHS TO 31-12-23 INCOMING RESOURCES Xn(YMilng resources from operatlng actlvllleg In furtherance of the tharlty's objetts 792,363 2,020 832,454 other Incy)me 794,383 833,626 Donatlons 735 Incomlng ra•ource• from other artivlties for genaratlng funds Providore income 30,405 27,060 Investrnert Income 6,985 5,958 Totsl Inrnmlng re￿UrceS RESOURCES EXPENDED Costs of gtheratlng funds AdvertlslrvJ ProvId0￿ (Dsts Total fundralslrKJ and publldty costs 2,330 2,627 22,762 24,442 Net Incomlng resourrns avallable Charltable exp•ndltur• Costs of aclivltles In furtheraro of tr objects of the charlty 781,364 7(X),125 mar￿geMent and admlnlstration 1553 2,625 Depredatlon sslprofft on dlsposal of assets 106,992 3,420 101,653 4,420 Totsl charltable qxpondlture Total re•ources expended 917 091 833 265 Nrt Income for the year/ Net movemert In funds Fund balanos at l Jan 202411 Jan 2023 (85,199) L194,043 34,114 1,159 929 Fund balances at 31 Dec 2024131 Dec 2023 1108 844 Page I THRIFfwooD MEMORIAL SCOUT CAMP srrE BALANCE SHEET AS AT 31 DECEMBER 2024 Note5 31 DECEMBER 2024 31 DECEMBER 2023 FIXED ASSErs 607,070 562,529 CURREKf ASSETS 16,026 37,816 21,034 30,989 640,335 692,358 Debtors and prepayments Cash at bank and In hand 565,783 CREDrroRS: amounts falllng duo withln one year 10 NEf CURRENT ASSETS 501,774 631,514 TOTAL ASSEfs LESS CURREKf UABILMES INCOME FUNDS Memorlal fund. General TOTAL FUNDS 1194 043 1194 043 The accounts were approved by agemert comrnlttee on and slgned on Its tehalf by......... .. . . ..... Se(Tetsry Page 2 NryfES TOTHE AccouNrs FOR THE YEAR ENDED 31 DECEMBER 2024 1.1 Affj>untlng policies The accounts have been prepared under the hlstorical ￿$t convention and in accordan wlth apphcable accountlThg standards and the Ststernent of R￿nm￿ Prnctl￿ . Accountlng by ChariUe5 and the Charltles ACL 1.2 Incomlng r4s0urc site fees and other Inco￿£ are r￿nISed on an accruals basts. Irterest recdved gross ts Included In the statement of flnandal aciMtel& 1.3 Grants and donJtlons Grants and donatk)ns re￿IVed for capltal projects have been offset dlrectly agalnst the cost of those projects. Depreclatlon has been charged on the net cost of addltlons. Governnknt grants for Immedlate flnanclal support or to cover costs already Incuned are recognlsed immediately In the proflt and loss account. IA Tangible fixed amets and depradallon Tanglble flxed assets are stated at cost less depreclotlon. Deprttlatjon Is provkled at rates calculated to wrlts off the cost less estlmated resldual value of each as*t over Its expected useful Ilfe, as follows: Bulldlngs 5%onco site amenitles and Installatlons IO% to 15% on cost Plant, machlnery and equlpment IO% on cost Furnlture and tlthres 20% on cost Vehkles IO% on cost Computw qulpmert 25% on cost 31 Dec 2024 31 De¢ 2023 Slt• fees Camplng slte fees Oak L￿1ge Other Buildlngs Actlvlties Other booking Items 192,688 47,145 107,633 353,803 237,528 53,835 109,340 340.660 Other Income Mlscelkneous Prnldore Income Sales Cost of sales Opening stock Purchases aoslng stock 30,405 27,060 21,034 15,124 8,678 34,171 Gw profit Other expenses Net surplus 9,973 5,245 Investment Income Interest re￿1veable 6,985 THRIFfwooD MEMORIAL SCOUT CAMP sIfE NOTES TO ThE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Costs of activities in furtherance of the objth of the charlty Staff and acmty instructors Other staff payments Inc expenses Trdining courses Insurance Coundl tsx Gas ectrfcty Water Telephones Refuse collectlon Malntsnance 448,555 55,648 5089 13,518 750 23,296 23,748 13,920 1,403 22,162 371,692 35,468 15,386 13,197 790 19,860 25,025 13,048 1,931 21,692 Bulklings Stte Equtpment Vehlcles & fvd 26,948 20.473 18,704 27,397 15,595 14,753 75,700 9,500 21,907 56,088 2,203 77 69,313 6,775 27,880 62,044 9,808 Toilety &cleaning Actlvltles and other events Other Events Prof&lorkil fe&s Mlscellaneous 700 125 Managoment and admlnlstrallon Stationery computers & postage Independent examlners f 2,003 550 2,175 450 Debtors and prepayments Camp fees and other amounts due Prepayments 25,244 18,041 10. Credit•rs: amounts falllng due wlthin one year De￿sIts recelved In adVa￿e PAYE Credlt card balan Accruals 47,989 5,954 2,256 35,490 12,931 1,510 64 Page 4 I I I I rerM)rt on the arJJJunts of the commlttee for the pr ended 31 December 2024 whlch are set out on pages I to 5. Respectlve respoMlbllltl•8 of Membeyg and Examiner As the membws you are responslble for the preparthn of the accountsi you con51der that t1￿ audlt requtrement Sectkjn 43(2) of the ￿arItIeS Act 1993 (the kt) does rnt apply. It Is my resPMslbllty to state, on the basls of prctedures specIfI￿1 In the General Dlrecuons glven by the Charlty c￿￿MIsSIor￿rS urnler Sectlon 43(7)(b) of the A¢ whether partkular matt&5 have come to my attertlon. Bl•l# of tho Examlnatrj Report My examlnatlon carrled out In accordance wlth the C￿￿1 Dlredions g￿en by the u￿rfty Ccffimlssloners. An ￿￿MInat￿l Includes a revlew of the accourtlThJ records kept by the tharfty and a comparfson of the acrounts preserted wlth those record5. It also I￿ludeS ccnslderatloft of any unusual Items or dlxlosures In the accounts, and seeklng EAplanallons frcKn you as trustees conomlng any SLth mtters. The prc£edures undertaken do not provlde all the evldence that WDukl be Nulred In an audK and consequendy I do not exprvA an a￿lIt oplnlon on the VI￿ ghon the accourts. Indop•nd•nt Ex•mln•Vg Stat•mont In Connecth￿ wlth my a(amlMtlon, no matiEr has corne to my attertlon: I, whlth glves rne rnsonable cause to belkve that In any materfal respect the r4ulremerts - to knep accountlrYJ records In accordano wlth Se£Uon 41 of the kt and - to prepare accounts whlch accond wlth the acrounuro records and - to comply wlth the accountlng r4ulrements of the kt have not been m< 2. to whlch, In my opknlon, attffitton $I￿Uld be drawn In order to enable a prcper understandlng the accounts to be reathed, 3. whkh gr￿5 me reasonable cause to belleve that In any m8tsrfal respeLt the accountlffj rules of the 's consututlon have not Ixen meL Page 6