1[st] Winnersh Scout Group – Financial Report 2023-2024
The financial report that follows is for the financial period 1[st] May 2023 to 30[th] April 2024 . The financial reporting comprises three elements; operation of the group, camps & activities and fundraising.
Group Operation
The running of the Group is funded through the collection of subscriptions, gift aid, donations and grants received. Net receipt in this financial year were £13,222.93.
Subscriptions and annual fees, less capitation paid to the District, contributed £10,784.00 , comparable with £10,413.94 in the previous year. Subscriptions have been held at £13.00 per month to cover increased costs of hiring space at Dinton Activity Centre.
Gift Aid claim was submitted and paid for the 2023 calendar year netting £2,438.93.
Major cost centres are the hire of the Dinton Activity Centre (£7,110.59 – note only 2 of 3 periods charged within the year), insurance, group activities each week, badges, and OSM fees. Activities and badges accounted for £2,339.03 of total expenditure. Total costs excluding camps and fundraising activities was £8,821.90.
Camps and Other Activities
Camps are generally self-funding requiring no contribution from group funds. Special activities (e.g. Dragon Boating, Canoeing, etc.) are occasionally part subsidised from each section’s annual activity budget (which section leaders may spend at their discretion) or the Group budget (as approved by the Executive/Trustees).
Over the 2023/24 year, £7,262.20 was collected for camps and activities and £9,392.53 spent, the deficit being due to some contribution payments for 2023/24 activities having been made and accounted for in the preceding financial year but spent in this year.
Fundraising
Two major fundraising events were held, both of which were very successful: Wokingham Fun Day BBQ and Winnersh Fete BBQ. Fundraising was supplemented by a Tesco Bag Pack and selling food and drink at the Wokingham Christmas Light Switch. Together with other donations, fundraising netted £3,870.89 across the year.
Summary
The Group began the year with available funds of £28,412.54. The net receipts from the activities above have resulted in an increase in the balance by £3,010.99 and therefore the closing balance for the period is £31,423.53 .
1st Winnersh Scout Group Receipts and Payments Account
| For the Year from |
Year start date Year end date |
Year start date Year end date |
Year start date Year end date |
|---|---|---|---|
| 1st May 2023 | TO | 30th April 2024 |
| Receipts and Payments | Receipts and Payments | Receipts and Payments | |
|---|---|---|---|
| FY 23/24 Unrestricted Funds £ Membershipsubscriptions and annual fees £18,720.00 Less: Membershipsubscriptionspaid on to District (£7,936.00) Net membershipsubscriptions retained £10,784.00 Donations and Gift Aid (1) (2) £2,438.93 Bank compensation Total Subscriptions and Other Contributions £13,222.93 Camps £5,314.00 Other Activities(egAGM water activity) £1,948.20 Receipts for Other Activities £7,262.20 Fundraising Receipts Wokingham Fun DayBBQ £3,366.59 Winnersh Fete BBQ £1,876.00 Wokingham Car Show Tesco BagPack £308.89 Christmas Lights Fundraiser £287.50 Amazon Smile £24.81 Much Loved £0.00 Commission from District Scout ShopSales £0.00 Total Fundraising £5,863.79 Total Other Income £0.00 Receipts Donations, legacies and similar income Other Income |
FY 22/23 Unrestricted Funds £ |
||
| £17,784.94 | |||
| (£7,371.00) | |||
| £10,413.94 | |||
| £4,907.76 | |||
| £72.00 | |||
| £15,393.70 | |||
| £16,915.06 | |||
| £991.60 | |||
| £17,906.66 | |||
| £2,342.60 | |||
| £1,836.92 | |||
| £2,303.94 | |||
| £1,021.20 | |||
| £50.13 | |||
| £257.35 | |||
| £0.00 | |||
| £7,812.14 | |||
| £0.00 | |||
| Total Income | £26,348.92 | £41,112.50 | |
| Asset and investment sales,etc. | |||
| £178.46 | |||
| Total Receipts | £26,348.92 | £41,290.96 |
Notes
- 1 Gift aid £2,281.93 claimed for calendar year 2023 2 £157.00 Miscellaneous donations
1st Winnersh Scout Group Receipts and Payments Account
1st Winnersh Scout Group Statement of assets and liabilities at the end of the year
| For the Year from |
Year start date Year end date 1st May 2023 TO 30th April 2024 For the Year from |
Year start date Year end date 1st May 2023 TO 30th April 2024 For the Year from |
Year start date Year end date 1st May 2023 TO 30th April 2024 For the Year from |
Year start date Year end date |
Year start date Year end date |
Year start date Year end date |
|---|---|---|---|---|---|---|
| 1st May 2023 | TO | 30th April 2024 | 1st May 2023 | TO | 30th April 2024 |
Receipts and Payments
Receipts and Payments
| Payments | FY 23/24 Unrestricted Funds £ (£790.40) (£1,548.63) (£300.00) (£150.00) (£341.57) (£3,130.60) (£950.65) (£7,110.59) (£730.66) (£30.00) (£8,821.90) (£5,802.93) (£3,589.60) (£9,392.53) (£1,220.54) (£770.32) (£2.04) (£1,992.90) |
FY 23/24 Unrestricted Funds £ (£790.40) (£1,548.63) (£300.00) (£150.00) (£341.57) (£3,130.60) (£950.65) (£7,110.59) (£730.66) (£30.00) (£8,821.90) (£5,802.93) (£3,589.60) (£9,392.53) (£1,220.54) (£770.32) (£2.04) (£1,992.90) |
FY 22/23 Unrestricted Funds £ (£1,741.09) (£1,157.67) (£463.51) (£131.00) (£220.27) (£3,713.54) (£2,516.06) (£14,777.69) (£649.71) (£150.00) (£18,093.46) (£15,209.55) (£721.49) (£15,931.04) (£333.64) (£945.44) (£676.77) (£1,955.85) (£39,693.89) (£39,693.89) £1,597.07 |
Cash funds | Cash funds | FY 23/24 Unrestricted Funds £ 30,749.77 £ 673.76 £ 31,423.53 £ 2,170.00 £ 908.00 £ 1,000.00 £ 1,750.00 £ 3,852.00 £ 1,000.00 £ 1,000.00 £ 1,000.00 £ 800.00 £ 500.00 £ 903.75 £ 1,000.00 £ 15,883.75 £ - £ Print name |
FY 22/23 Unrestricted Funds £ |
|---|---|---|---|---|---|---|---|
| Charitable Payments | Bank Current Account ClosingBalance 30th April | 30,749.77 £ |
28,112.85 £ |
||||
| Activities | (£790.40) | Cash/Floats | 673.76 £ |
299.69 £ |
|||
| Badges | (£1,548.63) | Total Cash Funds Net change 22/23 to 23/24 |
31,423.53 £ |
28,412.54 £ |
|||
| Groupcontributions for extraordinarycamps(1) | (£300.00) | 3,010.99 £ |
|||||
| Online Scout Manager Fees | (£150.00) | ||||||
| Online Scout Manager Transaction Fees | (£341.57) | Non monetary assets for charity's own use | |||||
| Remembrance DayWreaths | Fixed Assets(Estimated Value > £500) | ||||||
| Youth Programme and Activities Expenditure | (£3,130.60) | Cinders Proparne Gas BBQSlimflogTG160 | 2,170.00 £ |
2,170.00 £ |
|||
| New Equipment(2) | (£950.65) | New Tents Spring2020 x10 | 908.00 £ |
908.00 £ |
|||
| Equipment repair | Container 2 May2019 | 1,000.00 £ |
1,000.00 £ |
||||
| Hall Hire & Stores(3) | (£7,110.59) | New Tents Summer 2018(5purple) | 1,750.00 £ |
1,750.00 £ |
|||
| Insurance | (£730.66) | New Tents Summer 2017 | 3,852.00 £ |
3,852.00 £ |
|||
| Other Costs | (£30.00) | New Trailer May15 | 1,000.00 £ |
1,000.00 £ |
|||
| Group Running Expenditure | (£8,821.90) | New Tents(x5)August15 | 1,000.00 £ |
1,000.00 £ |
|||
| Cost of Camps | (£5,802.93) | New BBQDec15 | 1,000.00 £ |
1,000.00 £ |
|||
Other Activities - egAGM water activity |
(£3,589.60) | Niger Tent(x4) | 800.00 £ |
800.00 £ |
|||
| Cost of Other Activities | (£9,392.53) | Mess Tent | 500.00 £ |
500.00 £ |
|||
| Fundraising Expenditure | Marquee | 903.75 £ |
|||||
| Wokingham Fun DayBBQ | (£1,220.54) | 2014/15 asset value | |||||
| Winnersh Fete BBQ | (£770.32) | Container | 1,000.00 £ |
1,000.00 £ |
|||
| Wokingham Car Show | Sub Total | ||||||
| Christmas Lights Fundraiser | (£2.04) | 14,980.00 £ |
|||||
| Liabilities | |||||||
| Sub Total | - £ |
- £ |
|||||
| Signature | |||||||
| Total Fundraising Expenditure | (£1,992.90) | ||||||
| Other Expenditure | |||||||
| Chair | |||||||
| Total Gross Expenditure | (£23,337.93) | (£39,693.89) | GSL | ||||
| Asset and investmentpurchases,etc. | |||||||
| Total Expenditure | (£23,337.93) | (£39,693.89) | |||||
| Net of receipts/(payments) | £3,010.99 |
Notes
-
1 3 x £100 contributions to Sam Shave, Jasmine Robertson & Jake Gooch for Project Africa 2 £488.60 container steps, £403.75 Marquee, £58.30 Misc.
-
Only 2 of 3 invoices for Dinton Room Hire submitted by WBC during financial year
-
3
Independent Examinerfs Report to the Trustees of: i Winnersh Scout Group Awil 202 I h•v• CUTylot•d rny Minlon. I conkn th I have no concerns and have come no oth rnatters in connecrian with th• exafflination to ¥thi¢h attention should be drawn m thls ieprrt in 63 Pl•¢e W¥fiqld BU&+a. RG42 3XF