Charlty Reglstration No. 1176366 GIRLGUIDING ESSEX WEST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RickardLuckin
GIRLGUIDING ESSEX WEST LEGAL AND ADMINISTRATIVE INFORMATION Trusieos S Imseman B Gafrtham V Murphy C Dunnill-Go$lirg G Bray S CopBey C Birbeck K Ridgeon R Jeffery L Kennard K Messer Ch•rlty numb•r 1178385 Prln¢lp•l addrnss SLMle T4 Bates Busin88 Centre Churth Road Harold Wood Romlord Essex RM3 Indopgnd•nt •xomln•r Carol1 Peters Rickard Luthn Lii¥le(I 1st Floor County House 100 New LorKJon Road Chelmsford Essex CM2 ORG
GIRLGUIDING ESSEX WEST CONTENTS P800 TfU$tees report St*ernent of trusiees resportsibilitle5 Independenl exanlne¢8 Statement offinantral actlwJes Balance 3hee¢ 10 Notes to th¢ ffinarthl statements
GIRLGUIDING ESSEX WEST TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustee$ present their rert aThJ a¢¢OLmis for the year ended 31 M¢h 21Y24. The financial Stalets have been prepared in accordance with the accounting policies set out In note 1 to Ihe financial slalement$ aThJ comply wlh the charity's govemirg document, the Charities Ad 2017 8nd'AccountiThJ and Reporting by Charities.. Slalemenl of RecOmThnded Pra('rx apICable to charitie3 prepariNJ their accounts in accordance wlh the Financial Reporting Slandard applicable in UK and Rep[lIe ol Ireland {FRS 1021. leffecbve 1 January 20191 as uFxJaled lor bulletin l and 2. Objèctlves and •¢tIvIt5 Glrlguitjing Essex West comprises ten Guiding Th.S1on5. It is one of iwelve Guidlng Counties in the GirtgLtrlding Anglia Reglon. Glrfouiding Anglia is one of the nlne Countiies Regions of GirfguJirwJ Ilhe operabng name of The Guide Associationl, whlch Is the leading chartty for girfs arJ yourvJ vKJmen." Glrlguldlng'• Pl•n lor 2022.25 Our pl•n An equal world where girls can make a posltive drfferenee. be happy. safe and fulfil Iheir polen101. This Is what our member5 and suppmers lold us GwlgLMdity would need to do lo be our best tor girfs and young women In that world. Our Commlthignt By 2025. we will empower more glrts to find tPir voice and be Iheir best th1oh highquallly. girf-kd programmes delivered by inspiralional Leaders. Our Vlslon An equal world vAle all gifls can make a posilive difference. be happy, saftt and fulfil their polents'al. Our Mlsslon Through lun. Irlenclshlp, challenge 8nd adventure we empo[ gir15 to find Iheir voice. Inspirirfj them lo di$¢over the best In Ihemselvés and to make a posilive drflerence in Iheir communty. Our Valuos We are caring. ch8lleNJiThJ, empowIr. hjn. Nidusive an(t insw'ring. GlrlguldlThJ Essex Wesl, 88 Part of GirtguKJing Arylia Region. is responsth lor enebllng and encouraglng the fulfillment of the abo¥0 slalements throughout the County and rts t DIwshy." Essex West $lretehes from the Th8rTs bn the to ihe Cambrfdge border in north and Is home lo about 5000 members aged 4 +up lo tr* Trefoil Guild. Youlh Membership is open lo any girl Or youNJ 1Man from their 41h birthday orewards. Adult membership 1$ open lo application from women, and men in certain roles. over 18 years ol age regardless of fai¢h, r8ce, wlture, nationalty or any other oroimStan.
GIRLGUIDING ESSEX WEST TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Glrlguldlng is Unlqug: Wg off•r a salè, w•lcoming girl-onty spacg lor gTrrls and young w)men to lry new things, help other people and discover their passions 8nd talents. Al while having lun vnth a group of ready-made Irsendsl We'rè dedicated io glrls leading the way- I1Y ¢hoose aclivibe5. d)allenges and events that inspire them, and our volunteers support them lo make il happen. Because girfs shape and lead everything we do. know that we're offering bèst opportunities and experiences for girfs today. Wg'rg always updaung and adaptlng <JLIJI ?TfJJc IrllFIITlI.' and resources so th81 theyfe levant to girfs today. For example, girls told us they wanted lo talk aboLrt enlal health. so we created T liiiik [4 silienl- a resource delivered by our specially-trained Peer Educators to help bLHld girls, reSi1nCe and wellbeing. GuidiryJ Is also arK1 have a rarMJe of suppori available lo enable all gids - regardless ol abllrty or financial arcumslanee- lo get Invdved wlh guidiThJ. Over the last year here al Essex Wesl we have Offe a rar#Je of ad1viS for our ytsung members and Irainlngs for our adult volunleets. This has been undertakèn despite the ¢hallen9es of continulryj to offer Guidiry during the enoMiC criii8. Publlc bonoflt The trustees Confirm that Ihey have complied with the duty ol Se(aJon 4 of the charfjts.es Act 200610 have due regard lo the Charity Commission's guidanee on public benefrt. main adivitles ol the tharily are described in this report. These activrties are undertaken lo fither our chantablg purpo for Ihe publlc tenefil. For our Glrlj.. Our untts contlnue to thrive and prospef 0$ %%t relum lo norrnal lile afler the pandemic allhough sadly a lack ol leadèrs In some area5 has resulted in some unils remalnlThJ d05ed. Unlts Insplre adventurous outirgs, camps and holldays altlwh the flnandal cdsls resulted k7 some untt8 having to look closer lo home arKI re(luce opporbjnrfies to 91rf8. We held a county 8¢tsvity fun day in May- Crovming Glory- for girfs from all sections to lebrate the Coronation bul also ran 8 county challengè $0 that those Ihat crMJhY rwl atteThJ an evenl in petson cxjuld also loln In. Ovl Thinking Day celebT8#on In Durffi saw huThJreds of girt5 explore the through activi$ Ilnked to the S WAGGGS World cenlr¢g. 100,5 tsl girf$ hgve ery'oyed Iripg to thg cinema for spedal pthiat8 of rM¥fy reased films - popcom and treats making IheJ¢ èvents extra speu•l. Glrl$ contlnueLI to work iowards ba¢Jges aFvJ awards help awKJ 3upport from kaders In a vad¢ty of ways. Thk8 has induded Bronze. Silver ona Gold awards. The Jath Pel¢hey IoLbndation continued lo support GirlguidiThJ and awards have been used to offer activitie8 such as Irips lo Ihe pantomime. ¢amps, craft se3sion$. higtt fopes and wsits to lh8 parks to mention just a few.
GIRLGUIDING ESSEX WEST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 For our Adult Volunts8rs'. Firsl Response and SafegvardirwJ TNnings continue to that all our members Vlill be safe as possible vknile in our care. Leaders have been offered the opportunlty lo lake parl in County wde training days. Topics have induded going away. mentoring and programrne al(N)g th usiThJ GO arKI tl leaming plarforni. We held an all ¢Jay evert in HorrKlon on The Hill which included cake Llecor8bNJ. whittling aThJ singing as £11 as Ihe more 5eriou5 IopiGS. Our County Social celebrations ofThinking Day allry44 us to rewnlse and thank many new kaders as 11 as those celebraung long seNce- up lo arKI includin9 60 yearn. We also hold a county 80cI81 at the end of the 8unmr tem) to 18cognise and Ihank those ihat play a m8jor role runni th¢ County. Investments are held In low rtsk chanty approNed Te are no ethical. soclal or mis$h)n related pollcles. Grant maxlnu pollcy The charity awards grants lo both indivlduals aThJ groups. Eath appllcalion Is and assessed on a case by Casa basis and grants awarded based on t1 rekvant criteria for eaeh gf8nl available. AchIOMentS and p•rfomi•nc• Over the 1851 year IApri12023 - March 20241 have tjeen able lo offer a lull range of activities for our young m&mb&r8 and tr8lning$ lor our a(luA voIlee8. Aw•id$'. We have had tho pleasure of awarttlro many 'hNJh' wofile Awards vthn ts County lo our yourwd ntsr8 and lo our Adults. County c8mp8lt98 We continue lo re develop and ImF¥o¥e ow 2 cty canw siies- the weather has been chalenglng bul work Is progressing well. Not• Irom County Trnasurnr Last year saw thè County need to rebnveyt furhls into somè key areas acr05S the County. Ihls Indudes.. Th¥ Pineg Campsrte- much needed repairs on the doors ar maintenan ofthè sile The Essex $t Hut at Chigwell after a peri ol dosure the hut is b8ck bul has rgqulred some Investment to get it b8¢k to the standard to be able to oul. The website- wlh the new bianoiwj comirrtJ in further works was requId on ourty911È Support lor leadeTS and reuuilmenl lo help us grow our rvjmters Payments lo support the Essex Intemational Janoree taking place in 2024 Thls year saw ihe return of our big events. vlhich the le8m c¢)nb"nue lo offer in the futu. Overall. finanaalty il has b1 a thalkryir8J year. but have made steps lo move forward and a in a ¥trong position for the next year to come. Flnanclal rnvlèw As at 31 March 2024 unrestricted and Iree reserves both stand at £223.025 12023.. È195,5161, ol whlch £32.611 12023.. £33,415) has been designated. Restricted fvThJs slaThJ at £29.45512023." £38,006).
GIRLGUIDING ESSEX WEST
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Res•r49s pollcy
11 Is the poliry of the charity Ihal unrestricted fLKth ha not deSnated for a specific use should be
maintained al a level equivalent lo belwÈen three and six monlh's expendilure The trustees consider that reserves
al this level will ensure that, in the event of a Signthcant drop in fvrkling. they wll be able to Continl the charity's
current activities while consideration is gThien to ways in vknich additional funds may be raised. This level of reserves
has been more than maintained throughoul the yeer. Cwrent free reseryes $18rKI at £223,024 vthich is over 18
months expen
GIRLGUIDING ESSEX WEST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The twslees report was aN)roved by the Board of Twslees. L Kennard Trustse Dale..
GIRLGUIDING ESSEX WEST STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees are responsible for prepariro the Tftjsl Report arby ffinanrjal stalemenls in accordance with applicable law and Uniled .Ja0M Aecounling Stsndartts {United 'ngdoM Generalty AcLepled A¢counling Pra¢ti¢el. The law appIlble to ch8Tiiies England and Wales requires the trustees to Prepare fir7ancial statements for each finanaal year whith give a true and f8ir view ol the stats of allairs of the charty and ol the Incoming resourees and applicalion of resources of the charty for thal year. In preparing these financAal stalem8nt$, ltte trustees a wulreil lo.. - selecl suitable aGwunting policies and Ihen appty Ihem consi8tenty' - observe the methods and prinrAples in the Chant$ SORP.. - makeludgemenls and estimates Ihal are sOnae aThJ pnmlent: stale whether applicable accounting slaThJards have been foll¢Md. subjed lo ary material departure5 disdosed and explained In the finanrjal statements". aTrJ . prepar8 tho flnanclal 5taten*nl$ gr0 corKem basis Unl tt Is Inapproprlate lo presu thai the tharlty 11 Contin In operatlon. The Iru$le&s are responsible lor ke•ping suffirient 8ccounbng e0rd$ thal ¢Jisdose wth aSOnable accuracy al any lime the financial posillon of the charty and enable them to ensure that Ihe finanual slal8ments comply with the Charities Act 2011. the Chafily (Accounts a1 Reports) Regulabons 2(N)8 ano Ihe provlsions of the trust deed. They are also responsible for Safeguarding the •$sets of the charity a1 henee for lakltvJ reasonable steps for the prevention and deleclion of Iraud arKI other Irregulants.
GIRLGUIDING ESSEX WEST TRUSTEES DECLARATION ON UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 In relation lo the finanoal stalements set out on pages 8 10 23.. The tfustees appfove these financial statements and confimi that tlw are responsible for them. indudiTVJ selecting the appropriate accounting policies. app"n9 them consislenlly and making, on a reasonable and prLkdent basis. the judgments Undeing them. They have tn wepaied on the going concem basis on the ground$ that the tharity 11 continue in operab"on. The trustees confirm Ihal they ha¥e made available to Ritkard Luckin Limited, all the charitya accounllng r8cord5 and provided all the Infotion necessary for the eompilalion of the fin8nual statemenls. The tru51ees confimi ¢hat to the best of t1[ knChd9ts and belief. Ihe accounlit¥J records refiecl all Iransaclions of the charlty for the year ended 31 March 2024. On behalf ol board L Kennar Trustse
GIRLGUIDING ESSEX WEST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GIRLGUIDING ESSEX WEST I report to the trustees on my examination of the financAal Statents of Girfguiding Essex Wesl ¢harityl for the year ended 31 MaTd) 2024 vthich comprise the Statement of Finanryal Actiwlies, the Balan Sheet and related notes. This report is made solely lo the charitys iwslees, a5 a body. in acu)rdan wilh section 145 01 the Charitie5 Act 2011. My Work has been undertaken so thal I mvJhl slate lo the charitys trusiees those matters l am requlred to slate lo them in ihis report and for othw pSe. To the ftlest Èxtent pemiitted by law. I do not accept or assume responslbility to artyor other ihan Ihe chanty aTh1 Ihe tharitys trustees as a boty, for my Work, for Ihis report, or for Ihe opinions I have lomd. ResponGiblllil•8 and basls ol report As Ihe Iruslees ol the charity you are ponSIble for the preparation ol thè finanaal ststements In accordan ?Ih requirements oflhe Charities Ad 2011 ItheAdl. I report in respect of my examination ol the Charty's flnancial stateTrnts carried out under 5edion 145 01 the Act. In rryIng out my examlnalton I have folJ¢)*d all Ihe applK•bk Dlreclb)ns given by thè ChaTIty Commission under section 14515llbl of Ihè 2011 Act. Indopondent examln9fs 8iat¢monl I have ¢omp1eted my ex8minalion. I confirm Ihal no mallers have com• lo my attention in connect[1 wth the exominalion giving mè cause to belitrve Ihal in any material fesrecl.. accounting records were nol kept in re5ped ol Ihe charity as reqLured by $edion 130 of th• 2011 Act.. OT the finaneiai statements Oo not acwrd I1 recofds.. or the financial slatemenls do not Comply wth the applicab requirem8nl8 con(mlNJ the fM and content of accounts set out in the Charilies (Accounts and Reports) RUl3On$ 2008 olher than any requirement Ihal Ihtr a¢coynts give a 8nd fair wew ¥thich not 8 matter CoTr68red as part of an independenl exeminalion. I have no concerns and have auosi Th) othw matters In connectlon with It examlnalion lo attention should be dravm in Ihls report in Order to enable a proper iJnderslaThaing ol the ffinandal statements to be t•8chad. Caroline Peters FCA RiGkard Luckln Limited 1st FIOOT County House 100 New London Road Chelmsford Essex CM2 ORG Essex CM2 ORG Dated.S..l .Q{2c£
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GIRLGUIDING ESSEX WEST BALANCE SHEET ASAT31 MARCH2024 2024 2023 Flxgd as$0ts Investments 12 204.711 185.735 Currgnt a$ts Stocks Deblors Cash at bank ar in harml 13 14 7.654 11,SYXJ 39,879 7,576 10,123 36.792 59.433 54,491 Crgdltors: amounts falllng du• wlthln on• yr 15 111,8641 16,7041 Not ¢urrnnt assets 47.769 47,787 Total I• l•u eurr•nt IlabllStl 252,480 233.522 Th• lunds ol tho CharY Restricted income funds Unrestricled fun(Js- general Unre81ricted fund8- designated 17 29,455 181.748 41,277 38,OC 162.101 33.41S 16 252.480 233,322 financial 61at¢mnts re approved by Ihe tnjsiees on .. ennard Trust99 10-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclg5 Charlty Inlomiatlon Gbrtguiding Essex Is an UnirvJrpora tharity govemed by its constitution dated 24th March 2012. On 19 December 2017 Glrtguldlrwj Essex becaTT* a registered ¢har6ty wth the Ch8rlty Commi88ion. 1.1 A¢countlng ¢onventio The finanual statements have been prepared in acrdanCE With tharitys ¢onstilution, the Charilses Act 2011 "Accounting and Reporting by CharlIS.. stateTht ol Recommended Practice applicable lo Charities preparin9 their accounls in accordan wth the Financ¢al Reportino Slandard applicable in the UK and Republic of Iieland IFRS 1021 leffecbve 1 January 20191". The tharity is a Public Benefit Ents'ty a5 define(I by FRS 102. The charity has taken advange of ts provisicrfts In Ihe SORP for than1$ applying FRS 102 UpdaÈ Bulletin 1 nol to PTep8ie a stateftt ol Cash FIcth3. The financial statements are prepared in slerling. whi¢h is ihe lurKtional rrencY of the eharity. Monetary amounts in these financial Statements we rrwjnded lo Ihe arest £. accounts have been prepa (vvjer the hi8lori¢al cost eonvenlion. The princlpal accounllng polde8 adopted are sel oul below. 1.2 Golng ¢oncem At the lime of apprj the financlal slalemants, truslees ¥ r•asonable expectallon that the d)arfty ha3 adequate resources 1¢) continue in operational exiskw lor the foreseeable future. ThuB the In¢lees ntlnue to adopl Ihe going conrn basis of accounliThJ in Preparing the financial statements. 1.3 Charltable funds Vnrestricled funds are avaSlable fN w al Ihe (thslxetion of Ih trustees in fLthr•nce of their ¢h8rlt8ble obkctlves. Dgslgnated funds ¢ompdse whi¢h have been set aside at the disc10 of Ihg trustees lor specifi¢ purposes. Tr purpose8 and uses of the desnated fvnds are set in the note$ to ihe ffinand81918tements. Restricted lunds ao subjed lo specific condilions by donors or grantors as lo how they may be used. The pu0$eS and uses ol the restricted funds are set out in the notes to the financial staiements. 1.4 Incomg Grants received for charity and dub a¢b.lIeS are shlyém on an acuuals basis. Granls receivoj for the followng year are caThied loTh¥ard In ellheT Ihe restricted or unrestrided fuTras depending on the condllion. Donations, legacie3 ar other fom of volLmtary income are ffjcognised as Irscoming resources when re¢eivable. 11
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlng polkl•8 Icontlnu•d) 1.5 Exp•ndltur• Resource5 expended including irrecoverable VAT are 8c¢ounted on an accruals basis. The majority of costs are directty attributable tts Ihe specific aetimtses. Expenditure on projects is treated as direct chari18ble expenditure. Support cost5 are Il general cos15 related to running the charity. Tr costs havtr been allocaled lo tha activities In accofdance v4ith time and spent on each actiwty. Th& allocation8 are reviewed by the Iruslees on a regular basis. Governon ¢osts are the Costs associated lIh the govemance arratwerrnts of the charity. 1.6 Flxod yssèt In¥tmonts Fixed asset Investments a inrtially mea$Lwed al transadlon price exduding tran8aCtion ¢osts, and are subsequently measured at lalf value at each ceporting date. ChaThJe$ in fair value are recogn18ed In Incomellexpendilurel for the year Transaction costs are expensed as Incurred. 1.7 Stock8 Stocks are slale<l 81 th8 loEr of Cosl aThJ eyUmated selllrvJ prfce less costs lo cofflplele and sell. Cosl compris¢s direct materi41s and, vhwe opplicablè. d1cl labour costs and those overheads Ihal have been incurrd bringing Iho stocks lo Ih'r present location ar condlllon. Ilem5 held for dislribulion al no or nominal ¢on$ld8ratlon 8te moasure(J Ihe lov• of rep18cement eosl and cosl. Net Te81i$Able value 15 Ihe eslimated selling pric 18$$ all e5timoled costs of cofnplebw and costs lo be Incurrad In marketing, $elllng and d1str1. 1.8 Flnan¢lal InBtrum•nts The charity has elecled lo appty Ihe Provtsions of Section 11 'Basic Finanoal Instrument8, Sectlon 12 'Oher Flnandal Inslrumenls Issues, of FRS 102 to all of 11$ ffinaneial inslrumenl$. Fln8nclal InBITufflenls are rewrths8d In tharftys baiarte sr1 when ihe chartty beeomes Party to the conlraciual prowlslons ol the Instrument. Finan¢ial assets and 1¢8bililieg are offset. wilh Ihe nel aM0¢S presented in the finanaal $18lemenl$. when there 1$ a legally enfor¢eable rlghl to set off the recognised amounts and there is an intention to settle on a nel b8s1s or lo realise the assel and settle Ihe Uabllty simuMar*oLtsty. Bas1¢ Iln•ncl•l•ss•ts BasiG finanEi¥l ossels, include debtors a1 G)$h And bank balancgl, •r• initlally measured 8t transaclion priee induding trarv68dion costs and a subsequèntty carried at amortised cost uslng the effective inleTesl method unless the arrangeThnI eonsiiieS 8 finanung Iran5aclion. where the tiansaclion Is measured al Ihe present value of the lulure receip18 dbS¢OL#lted at a ma¥kei ratg of inleresl. Finaniaal assets dassified as feceivable wihin year are t)ol amortlsed. 12-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢countSng pollcl•8 IContlnu•d} Basic financial liabililles Basic financial liabilities, including (%editors are irdtsaty recc#3nised al Iransaction price unless me arrangement constitutes a financing transadion. ¥thère the debt insirumeni is measured al the pre5ert V8lu8 ol the future payrynts discounted al a ma(kel rale of inte$1. Fwwicial liabilities dassffied as payable within one year are not amortised. Debt instruments are subsequently rrIed •t arnort ¢osl. usin9 Ihe èff8Cti¥e Interest rate fTxlhod. Trade creditors are obligations to pay lor goc•Js or serytts that have been auired In Ihe ordinary course ol operation$ from suppliers. Amounls payable are dassified as oJThenl liabililies if payment 15 due wthin one year or less. If nol, they are Presented as non-current liabilities. Trade creLlilor$ are reeconised initially al transaction prs¢e and subsequently measured al anKJrlised cost usirJ the effective intere51 ffthod. D•rncognltlon of flnancl•l Ilabllltles Financsa1 liabilhlies afe t1erecognised charity's contra¢lual tsbmgations e¥pire or aré dlsd)orged or ¢aneelled. 1.9 Employ8• nlIS The cost of Bny unused holKlay enllllement is recognlsed kn the period kn %thid) the employeè's s8Thlce$ are re¢eive¢J. TemSnalion benefils arè recogn4 IMfflatety as an expen3e vthen the ¢harity is demonstrably cornmitte(J lo ¢¢rminate the ¢mploym¢nt of an tynploy or io pro¥wJe lerfflsnation benefits. 1.10 Govfjrnmgnt Grants Government grants are fe¢ognise(l at the falr value of the asyet rerEiY or r•wvable %then IhoTe is reasonable a$$urance that Ihe grani coThJition$ 11 be met aThJ the gran18 will be r¢eived. A granl Ihat spedffieg performèn¢e c(rfKlilions is recognlsed In income vknen the perfomwnce corKlilions are mel. ere a grant does not $peafy perf0mnCe coThJrtions il is recognised in income Ythen the proceeds are Ceived or reeelvable. A gronl received beloo the rewnlllon ¢rfteria are satisfied is recognised 88 1.11 Tax•tl•n Glrtgtjidlng E55ex 1$ an unincowrated chgrity and ffj not subjeet to cThporatlon lax on ils 018ril•ble activilies. Crltlc•l •¢countlno tIMat•S •nd ludggm•nts In Ihe applicaiicrt) of Ihe charity's aGcounbrvJ policaes. the IrLJslees are requlred to make lu(Jgement$. estlmale5 and assumptions about Ihe carrying amount of assets and liabililies that a not readily app8nI from other sourcEs. The estirnales and associated assumplions are based on histori¢81 experience aThJ Olher lact$ that a considered to be relevant. Acluol slI3 may drffer from these estimate5. The estimates and underfying assumptions are reMevRd M an oTrJtyThJ basis. Rewslon5 to aceouni¢ng estimales are recogni5eil in the period in which Ihe estimate is revised where the revislon affe¢ts cnly that period. or the period of the revion and lutle pencJs we the iewsion affecis bolh current and future periods. 13-
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GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Incomè from chayltablo acllvltlos Unrnstrlcted Unf8Strlcttd funds lunds ggnernl de51gnat•d 2024 2024 Total Unrnstrlcted Unrnstrl¢tod fund$ funds gongral doBlgnatod 2023 2023 Total 2024 2023 Programmo & Adv•ntur• Income Iri)m charrtable actiwlies 23.186 23,156 5.985 5,96S Marketlng 8 Communl¢•llon Income from Charitable ctivltles 3,137 3.137 Bu¥ln•s8 & Flnanco Incon from ¢haritab activllles 660 23.156 27.144 9.102 9,762 15-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlturo on eharltsblè actlvlllès Programm& Bu$lnes9 8 &Athenture Flnan 2024 2024 Total Programm• Bu$lness & & Ad¥ontur• Flnance 2023 2023 Total 2024 2023 Olrect eosts stsff costs Other costs 14.983 39.911 14,983 55,375 16.224 44,280 16,224 89.860 15.464 45,600 15,464 54,894 70,358 45.600 60.484 1(%,084 Sharg 018UPPOrt and governance ¢osts1•o• n¢)to n Support 36,017 Govemance 6,597 36,017 6.597 34.756 34.756 8,036 58,078 54.894 112.972 80,356 86,520 146,876 Anaty•l• by lund Unrestricted funds- general Unre3tri¢ied ftmd8- designated Restrlcted funds 42,784 13,022 39.793 24.926 84.719 15.294 15.294 41.872 40.563 40,563 41,594 41,872 41,594 58.078 54.894 112,972 80,356 66,520 146,876 Support costs Support Govèrnancg co¥lS 2024 2023 B•818 ol alloc•tlon Office costs 36.017 38.017 34,756 Income stream Governan costs 6.597 6.597 6.038 Govemance 36.017 6.597 42.614 40,792 An8lysed befv4een Charrtable ac11(lea 36.017 6.597 42.614 40,792 Governan ¢osls indLMJes payff*nts the èxamlners of £6,597 Oru$l¥ ol VAT 12023.. £6,036 )rluSIve of VATI. 17-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employ• The average monthly rbumber ofempy£eS durit¥J year was.. 2024 Numbgr 2023 Numb•r Employm•nt co$ty 2024 2023 Wage$ and sgiartes 14,983 16.224 There re no employees vknose annual remLwwati¢)n was more Ihan È60,CrtXS. Volunt00rn The eharfty utilisès the 8UPPOrt olvolLmieef8 to $151 with rLmnlng lis tharilable activities. 10 Galns *nd los••B on In¥•stm•nl• Unr••trl¢t•d UnrnstTl¢tod fund• fund• 2024 2023 Gainslllosses) arislrvJ on.. Rtsvaluation ol inVestrrn¢S 18.978 15.479} 11 Tax•tlon The tharlty Is exempt from laxation on Its adi¥ities because all its incoffe FS apIe(l for ¢harflabSe purpose8. 12 FIM•d a•••i InY••tm•nts Unllst•d Investments Co¥t or valuatlon At 1 April 2023 Valualion thanges 185.735 18.978 At 31 March 2024 204.711 Carrylng amount At 31 Mar¢h 2024 204,711 Al 31 March 2023 185.735 18-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Stock8 2024 2023 Flnished good3 and go¢xl$ for resale 7,654 7.576 14 O0btors 2024 2023 Amount• falllng wlthln on• year. Olher deblors Prepoyments end accrued nme 10,997 9,059 11.900 tO.123 16 Cr•dltors: amounts falllng dug wlthln on• ywr 2024 2023 Tr8de ¢reditOf8 Accruals and deferred ineome 5,387 6.277 716 5.988 11.664 6.704 19-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Unre$trlet•d funds- deslgna19d The8e are unreslricted luNb5 vknlch are malerial lo dMrity'5 athl1. Resour Tran$f•TS At 31 March •xpgnd•d 2024 At l Aprll 2023 Incomlng fosourco Inlemational Presidents Empo¥tstrmenl granl Programme & Adventure Building5 The Pines Guhle Sit• The Gulde As50icallon GlrlgLbidings Grant Doreen Robertson Fund {1681 434 331 3.975 15,922 6,5NJ 13.410 331 11201 {9.3641 3.421 21.865 18,568 15,6441 soo 205 33.415 23.156 115,2941 41,277 Provlou$ y••r. At l Aprll In¢omlng R•source5 2022 fo•our¢•¥ •xpond•d Trnnsf•r8 At 31 M#r¢h 2023 Inlemallonal PresentS Empowerment grant Programme &Advénture Buildings The Plnes Gulde Slte Jambor•o The Guide A$soication GirlguidiryJ8 Gr8nt {1.2301 1,230 314 4,695 2.902 6.500 18,694 17 331 4,095 3.421 6,500 18,568 16001 17801 17861 (37,1671 30,867 soo 40.105 1.976 140,563) 31,897 33,415 The Inlemational FuThJ is lo assist wlih atterxliThJ Intemational trips. Th& Presldenls fund Is ijsed al presthnts discretlon. The EmpowemRnl Grant is lo assist wlh arty c05tS al Its dlsuetion of ihe finarK¢ ¢ommlUee. The Programme and A1venture Fj 1$ to assisl wilh the runni of adlvilles. The Bullding fund 1$ to support the costs of prerThses used ty the county. The Pines Gulde 8ite is for any costs related to tLmrMtwJ the camp s6te. The Jamboree Fund rewesents amounts irbvested for flrture Essex Jambore8S. The Gusde$Assoc¢alion GirlguidiTrJ Grant Funs is for any costs relating to wnning actiwtie5.
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Restrlct¢d lund$ The restrscted funds ol the charity comprise Ihe uneKpended balanw of doltiOnS and grants he on trust subjecl to speofi¢ condrtions by dorK)rs as to howthey may be u. At l Aprfl 2023 Incomlng Resourcos At 31 Mah r•Bouf¢•8 •XPondgd 2024 Growng GuidirvJ grant Jack Petchey award8 Dennls Carter Dore Bursary Peggy Simmons Peggy Suter New prc%Jramry* grant Region training grant Reglon Su$tainabilty Grant 3,661 16.083 12,399 133.1451 1.262 15,763 1,604 51 1,722 1,636 1.657 3,031 2,709 32.845 51 1,722 5.121 4,794 13,464} 12.2391 16251 476 33.321 (41,872) 29.455 Prwlous Yr. At 1 Aprfl 2022 In¢omlng R8sourc•s At 31 March rnsources expend8d 2023 Growro Gutrding grant Jack Pelchey awar(Js Oennis Carter Dore Burnary Peggy Slmmons Peggy Sulor New progTamrrE gfanl Region trainlng grant Region Sustainabilty Grant 3.769 19,504 1,S33 38 1.645 1.793 6.414 5.712 1108) (39,0351 3,861 16.083 1,604 51 1.722 1.636 5,121 4,794 3,334 35,614 71 13 1240) (1,2931 {9181 3,334 40.408 39,192 141.5941 38,rA18 21
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 17 RtrIcted lunds IContlnu•d} The Gr¢)wng Guiding grant is lo pron>)te reuuiinth of membets. The Jack Peldw award$ may be u8ed for certain activitses chosen by the nominee. The Dennis Carter fund lo assist with obtsiniThJ gold DOE, Qn$ GLMde eic. The Dore &Jrsary fvnd is fof GuKlers trainirvJ. The Peggy Simmns fvnd is to assist Vlith costs ofgirfs 9¢Tha on an In Ihe UK or abroad. The Peggy Suler fund is ihe naeds of brthbnies, gi¥des or faIr$. The New Pfogr8mme grant is a grant tyANJlia used for cosls in relaJon to Leaming & Developmenl. The Region tralnlr4J grant Is to pro¥lde additional futxl$ in order to traln 8dditional members. The R•9ion Sv$laln8ts1ty Grant Fur¥J B lo assist in iweasirvJ memtershlp. 11 Analysls ol n•t a•¥•t• b•lw••n funds Unmtrlcted Unr•strlctgd funds funds ggneral dMlgnatod 2024 2024 Ro$trlcted lunds Total 2024 2024 Fund balanc at 31 M•rch 2024 •rè r•prK•nt•d by: Invtsslmenls 204.711 Current assetsllllabililles) 122.9631 204,711 47,769 41,277 29,455 181.748 41.2TI 29.455 252.480 UnTestrlct•d UnfOStrlctgd funds funds gengral d•slgnated 2023 2023 Rostrlctod fund• Total X123 2023 Fund balan¢o8 At 31 Mar¢h 2023 ar• r•plnI• by: Investment8 149,779 Current asseisJ{li8bllNlesl 12.322 18,694 14.721 17,262 20.744 185,735 47,787 162,101 33,415 38,)6 233,522 19 Rolated party transactlon• DuiirYJ the year the Charity re1mbUrd expenseg of £1.$41 to 8 total of 4 tnJ5tees for the needs of the charity. 12023.. £1,876 to 4 Irusleesl. 22-
GIRLGUIDING ESSEX WEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 20 Ok*rallng lea8¢ commitments L$ At the reporting end dale the charity had oulsiarKling commitments for ftAIUfe minimum lease payfflenl$ under non-can¢ellable operating leases. which fall due as follo.. 2024 2023 thin one year 9,285 5.496 -23-