OpenCharities

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2021-03-31-accounts

Forthe year
from
Forthe year
from
Forthe year
from
To 31-Mar-21
~ ~ ~ ~ ~
2020/21 2019/20
General
Reserve
3 Phoenix
Account
Totalfunds Totalfunds
5
Receipts
Donations, legacies and similar income
Membership subscriptions
16,264
Less: Membemhip subscri ptions paid on~rueoem 8,874
Net membership subscriptions retained
7,390
Donations
15
Gift Aid
3,602
Other income (SateofMinibus, mmques)
Sub total 11,298
Grants
Other grants (Wokingham Borough) 18,907 18,907
Sub total 18,907
Fundraising (gross)
Donkey Derby
8.995
Marquee Hire
1,775
Minibus Hire
1,035
HQ Hire 76 76 11,264
phoenix Acbvses (inc Bsm Dance, ass packinL club 200,etc) 2,124
Other fundrmsing acbvities
551
Sub total 141 141 25,744
Investment income
Bank interest
382 527
Building Society interest
Sub total
Total Grt)ss Income 14,399 37,568
Asset and investment sales, etc.
r er be~ 37

Trustee Name Office {ifany} Dates acted if not for
whole year
1 John Toy Group Scout Leader
2 John March Group C airman
3 Kevin Townsend Treasurer
4 Jane Moore BSL Beaver SL - Riverbank
5 Alan Foord Scout Leader
6 Paul Haynes Quartermaster
7 Alan Hillyer Pu
icity Manager
8 Sheila Hayes Member
9 Martin
Hillier
Member
10 Anthony
Haynes
Member
11 Chris Wiseman Member
12 Suzanne Glew Mem
r
13 Rache
Hum
Treasurer
14 ames
ennington
em er
Summary ofthe objects ofthe ofthe objects ofthe charity set
out in its governing document The objectives ofthe group are as a unit ofthe Scout Association.
The Aim of The Scout Association
is to promote
the development
o
young
people
in achieving
their
full physical,
intellectual,
social
and
spiritual
potentials,
as
individuals,
as responsible
citizens
and
as
members
of their local national
and
international
communities.
The
method
of achieving
the Aim of the Association
is by providing
an
enjoyable
and attractive
scheme of progressive
training,
based on
the
Scout Promise and Law and guided
by adult leadership.
Scouting exists to actively engage
and support
young
people
in thei
personal
development,
em powering
them
to
make
a
positive
contribution
to society.
As Scouts we are guided
by Integrity,
Respect, Care, Belief and
Co-
operation.
Summary
ofthe main activities
relation to these objects
in Various activities, camping, etc
Public Benefit Statement The Group meets the Charity Commission's
public benefit criteria
under both the advancement
of education
and the advancement
of
citizenship
or community
development
headings.
Brief statement Brief statement Brief statement ofthe charity's ofthe charity's ofthe charity's policy on
reserves Reserves Policy
The Group's
policy
on reserves
is to
hold
sufficient
resources
to
continue
the charitable
activities
of the
group
should
income
and
fundraising
activities
fall
short.
The
Group
Executive
Committee
considers
that the group
should
hold a
sum equivalent
to 12 months
running
costs, circa E35,000
The Group
held
reserves
of approximately
E80,000, plus a furthe
F40,000 in the main accounts against this at year end.
Quantify and explain any designations
Details ofany funds materially in deficit N/A
(circumstances plus steps to eliminate)
Further financial review details
Investment
Policy
~the charity's principal sources offunds
The Group's net Income and Expenditure is very small and as a
consequence
does not have sufficient funds to invest
in longer-term
investments
such as stocks and shares. The Group has therefore
adopted a low risk strategy to the investment ofits funds.
All funds are
held in cash using only mainstream
banks or building societies or The
Scout Association's
Short Term Investment
Service.
~ how expenditure has supported the key
objectives ofthe charity; The Group Executive
regularly
monitors
the
levels ofbank balances
and the interest rates received
'to ensure
the group obtains maximum
value and income from its banking arrangements.
Occasionally
this
may involve
using an account that requires a period of notice before
funds may be withdrawn,
before doing so
the Group Executive
considers the cash flow requirements.
-
~
~ ~
~
Plans for future periods (details ofany
significant activities planned to achieve Various fundraising
activities
themj
Replacement
ofthe Group minibuses
and
other scouting equipment
as required.
Negotiation
ofeither the renewal
ofthe lease for the
premises oracquisition
ofthe freehold of
the site plus renewal of
access rights to the premises
which could
incur signiTicant
legal costs.
Signature(s)
Full name(s) Kevin Townsend John March
Position (e.g. Secretary, Chair) Treasurer Group Chairman
Oate