|~|a|~ ~
~|| |---|---|---|---| |||Risk and Internal
Control|| |||The Group
Executive
Committee
has
identified
the major
risks|to| |||ed
which they believe the Group is exposed, these have been review|| |||he
and systems
have been established
to mitigate
against
them. T|| |||main areas ofconcern that have been identified are:|| |||Damage to the building,
property
and equipment.
The Group w|Id
u| |||request
the
use
of
buildings,
property
and
equipment
f|m
o| |||neighbouring
organisations
such as the church,
community
ce|re
t| |||and other Scout Groups.
Similar reciprocal
arrangements
exist|th
i| |||these organisations.
The Group has sufficient
buildings
and conte|ts| |||insurance
in place to mitigate against permanent
loss.|| |||Injury to leaders, helpers, supporters
and members. The Group|| |||through
the capitation fees contributes
to the Scout Associations|| |||national accident insurance
policy. Risk Assessments
are undertak|n| |||before all activities.|| |||Reduced
income
from
subscriptions
fund
raising.
The
Group|s| |||primarily
reliant upon income from subscriptions
and fundraising.
T e|| |||group does hold a reserve to ensure the continuity ofactivities shou d|| |||there
be a major
reduction
in income,
suchas as occured
during|| |||2021/21 due to COVID. The reserve is sufficient to keep the Group
i|| |||operation
for a period
significantly
in excess of 12 months.
Th|| |||Committee
could
raise the value
of subscriptions
to increase|th| |||income
to the
group
on
an
ongoing
basis,
either
temporarily|o| |||permanently.|| |||Reduction
or loss of leaders.
The
group
is
totally
reliant
upon|| |||volunteers
to run and administer
the activities of the grou . If th|| |||w
r duction
in the number of leaders to an unacceptable
level|in| |||a
particular
section or the group as a whole then there would have|to| |||be
a contraction,
consolidation
or closure of a section.
In the worst|| |||ca
se scenario the complete closure ofthe Group.|| |||R
eduction
or loss of members.
The Group
provides
activities
for|all| |||y
oung people aged 6to 18.Ifthere was a reduction
in membership|in| |||a
particular
section or the group as whole then there would
have|to| |||b
e a contraction,
consolidation
or closure of a section.
In the worst|| |||se scenario the complete closure ofthe Group.|| |||Th
egroup has in place systems ofinternal controls
that are|| |||de
signed to provide reasonable
assurance
against material|| |||m
ismanagement
or loss, these include 2signatories
for all payments|| |||an
d comprehensive
insurance
policies to ensure that insurable
risks|| |||ar
ecovered.|| |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 ofThe 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 ofprogressive
training,
based on||the| ||||||Scout Promise and Law and guided
by adult leadership.||| ||||||Scouting exists to actively engage
and support
young people
in|their|| ||||||personal
development,
empowering
them
to
make
a
positive||| ||||||contribution
to society.||| ||||||As Scouts we are guided
by Integrity,
Respect, Care, Belief and||Co-| ||||||operation.||| |Summary
relation to|otthe main activities
these objects||in||Various activities, camping, etc||| |Public Benefit Statement|||||The Group meets the Charity Commission's
public benefit criteria||| ||||||under both the advancement
ofeducation
and the advancement|of|| ||||||citizenship
or community
development
headings.||| ||~|~|||||| |Summary|ofthe main achievements
of
the charity during the year||||1)Growing the membership
ofthe Group by providing
worthwhile
stimulating
programmes
for young people.|and|| |Brief statement|Brief statement|Brief statement|ofthe charity's|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 f35,000||||||||||| ||||||||||The Group|held
reserves
of approximately|||||f80,000, plus a|||further|| ||||||||||f50,000 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 tncome 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
key objectives of||||has supported
the charity;||||the|The Group Executive regularly
monitors
and the interest rates received to ensure||||the levels ofbank balances
the group obtains maximum||||||| ||||||||||value and income from its banking||arrangements.
Occasionally|||||||this|| ||||||||||may involve|using an account that|requires|||a|period ofnotice 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||||||||||| |them)|||||||||||||||||||| ||||||||||Replacement
ofthe Group minibuses|||and||other scouting||equipment|||| ||||||||||as required||||||||||| ## ||||||||Forthe year
from||To|314hr-23| |---|---|---|---|---|---|---|---|---|---|---| |~||~|~|~ e||||||| |||||||||2022/23||2021/22| ||||||||General &
Reserve|Restricted
Funds|Totalfunds|Totalfunds| |Receipts||||||||||| |Donations,|legacies||and similar income|||||||| |Membership|subscriptions||||||13.320||13,320|9,685| |Less: Membership||subscriptions|||paid on~~~~||8,051||8,051|7,668| |Net membership||subscnptions|||retained||5,269||5,269|2,017| |Donations||||||||||139| |GIRAid|||||||3,631||3,631|11,278| |Other income|(Misc)||||||825||825|385| |||||Sub total|||9,725||9,725|13,820| |Grants||||||||||| |Other grants|(Wokingham|||Borough)||||||| |||||Sub total||||||| |Fundraising|(gross)|||||||||| |Donkey Derby|||||||5,379||5,379|110| |Marquee
Hire|||||||1,700||1,700|1,367| |Minibus
Hire||||||||||| |HQ Hire|||||||7,919||7,919|6,834| |Other fundraising||activities|||||4,746||5,331|1,983| |||||Sub total|||20,194||20,779|10,514| |Investment|income|||||||||| |Bank interest||||||||||97| |Building Society interest||||||||||| |||||Sub total||||||97| ||||||Total|Gross Income|30,690||31,275|24,431| |Asset and investment||||sales, etc.||||||| |||||||Total receipts|30,690||31,275|24,431| ## ## ## ## ## ## ## ##