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2023-03-31-accounts

Annual General Meeting of 1st Lightwater Scout Group

1[st] Lightwater Scout Hut. The Avenue Lightwater

Saturday 30[th] September 2023 6pm

2023

Annual General Meeting – Saturday 30[th] September 2023 at 18.00hrs

1[st] Lightwater Scout Headquarters The Avenue Lightwater GU18 5RQ

Agenda

10) Any Other Business

11) Presentations

1. Introduction by Chairman

a. Chairman’s report

The Chairman’s report will be presented verbally at the meeting.

b. Group Scout Leader’s report

The GSL report will be presented verbally at the meeting.

2. Approval of the Minutes of the last AGM held on 28th September 2022

3. Group Treasurer’s Report

Financial Year 1st April 2022 to 31st March 2023

The 2022-23 financial year saw a welcome return to full, normal, scouting activity, following the Covid restrictions, with sections returning to a packed calendar of activities and camps. We were also able to return to our important, fundraising events, such as bonfire night, jumble sales and fetes.

This year, the Group has made a surplus of £5,805.

Total cash assets at the year-end were £41,732 (2021-22 £35,927; 2020-21 £49,720; 2019-20 £46,816; 2018-19 £41,277) of which £5,000 is held as a Fireworks Reserve, £5,000 as the repair fund for our ageing HQ, £15,000 for a replacement minibus, leaving a positive General Reserve of £16,732.

Total Receipts are made up of £8,846 net membership subscriptions, £15,700 from bonfire night, £5,012 from the May and Jubilee fetes and £2,710 from the two jumble sales. £1,111 was raised from the race night, £2,188 from textiles collections by Christina & Lauren Reynolds and £3,447 from other donations from Co-op, Amazon or from users of scouting equipment and facilities.

Total Expenditure , at £33,227, was higher than in recent years, due to the return to normality. Fundraising expenses included £7,601 for bonfire night and £2,646 for the fetes. There was £3,376 expenditure on providing scouting activities and £612 contribution to camp costs. £6,538 was spent on providing new camping and HQ equipment and £1,806 on maintaining the building and grounds. Utilities were higher than 2021/22 at £2,908 and £2,564 was spent on insurance. Minibus costs were higher than the previous year at £1,502.

As always, we thank Alec Ruffle FCMA, an ex GSL of the Group, who acts as independent examiner of the Annual Accounts & provides excellent advice. Please do note that, as elsewhere in Scouting, all roles are undertaken on a strictly voluntary basis.

We are obliged by Charities Accounting Standards to consider our operating requirements, and therefore we can only rely on income from subs and Gift Aid1. We cannot rely on donations, nor the income from Bonfire Night or other fundraising events each year, since we cannot be certain of the level of income that they can provide. On the other hand, we must consider that in a lean year,

we would also not purchase any new equipment nor consider improvements to HQ. Please see over for the Calculation of Operating Requirement which shows an operating deficit of £1,763 (2021-22 surplus of £1,932; 2020-21 deficit of £1,870)

The Group had 115 Beavers, Cubs and Scouts at the date of the 2023 census (2022: 130; 2021: 117, 2020: 144, 2019: 130, 2018: 137, 2017: 143, 2016: 123). The £688 operating deficit shared among them is £5.11 each per term.

At the 2022 AGM, it was agreed to increase termly subs to £45 per term, from April 2023, which has been deferred to April 2024.

As always, anyone whose financial situation might preclude their child from continuing with Scouting, should talk in confidence to one of the Trustees.

Appendices

Appendix 1. Minutes of the Annual General Meeting held 28[th] September 2022

Appendix 2. Financials from Treasurer’s Report – 2022 - 2023

1stApril2022 To 31st March 2023
Receipts and payments
2022-23 2021-22
Unrestricted funds Unrestrictedfunds
f f
Receipts
Donations,legaciesand similar income
Membership subscriptions 13,820 9,101
Less:Membership subscriptionspaidon(National/County/Area/District)
-4,974 -5,623
Netmembership subscriptions retained 8,846 1,479
Youth programmeandactivities 160
Donations 5,375 504
Legacies
Gift Aid
Other similar income
Subtotal t4,227 4,L42
Grants
Maintenancegrant 0 0
Othergrants 0 L0,24L
Subtotal 0 L0,241
Fundraising (gross)
JumbleSales
2,7rO
Bonfire Night
15,700
Other Fundraising
6,382 1,136
Subtotal 24,792 1,136
lnvestment income
Bankinterest
19 1
BuildingSocietyinterest
0 0
The ScoutAssociationShortTerm lnvestmentService
0
PropertyRentincome 0 0
Other investment income
0 0
Subtotal 19 t
TotalGrosslncome 39,033 15,520
Assetandinvestmentsales,etc. 0 0
Totalreceipts 39,033 15,520

Receipts and Payments Acco unt
2022-23 202L-22
Unrestricted funds Unrestrictedfunds
f f
Payments
Charitable Payments
Youth programmeandactivities 3,988
Adult supportandtraining 13 0
Rent
0 0
Waterand Sewerage 298 15
ElectricityandGas 2,6t0 2,03s
Insurance
2,564 2,297
RepairsandRenewals 1,806 ?,428
Materialsandequipment 6,538 98
Printing and photocopying 722
Contributiontocamp costs
Uniforms
2,452 2,930
AGMandtrusteeexpenses
Sundry expenses 860 360
Minibuscosts
L,502 1,181
Climbing Wall 0 t6,249
Subtotal 22,631 29,}LA
Fundraising expenses
lumbleSales 32 0
Bonfire Night 7,60L 0
Other fundraisingcosts 2,963 0
Subtotal 10,595 0
TotalGrossExpenditure 33,227 29,3r4
Assetandinvestmentpurchases, etc.
0
Total payments 33,227 29,3t4
Net ofrece ipts/(payments) s,80s -t3,794
Cashfundslastyear end ?5,926 49,720
Coshfundsthisyearend 4t,732 3s,92€

31st March 2023 31st March 2022
Unrestricted funds Unrestricted funds
E
Cashfunds
Barclaysbankaccounts 49,041 49,041
GiftAidreceivable
2,000 2,000
Buildingsocietyaccount 10,435 10,435
Refundableactivitydeposits -15,242 -15,195
Cash/Floats
17 17
Total cashfunds 42,25Q 46,298
Othermonetary assets
Tax claim
0 0
Debtsdue fromthe County/Area/DistricVGroup 0 0
lnsuranceclaim
0 0
Subtotal
0 0
lnvestmentassets
lnvestmentproperty - detail
0 0
Quoted investments 0 0
Other investments-detail
0 0
Subtotal
0 0
Non monetary assetsfor charity's ownuse
Badgestock 0 0
Shopstock 0 0
Otherstock
0 0
Land and buildings 375,1 03 375,1 03
Motorvehicles
0 0
Scouting equipment, furniture etc 0 0
Other
0 0
Subtotal 375,1 03 375,103
Liabilities
Accountsnotyet paid
0
Expenses incuned butnot invoiced 10,371 10,371
Subscriptionsnot yet paid 0 0
Loan- detail
0 0
Other liabilities
0 0
Subtotal 10,371 10,371

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