Great Barton AGM – Treasurer's Report 2024/2025
It’s my pleasure to present the Treasurer’s Report for the financial year 2024/2025. This year has been a successful year for Great Barton, and it is encouraging to see the financial health of the group remains strong.
We closed the year with a healthy surplus of £14,807.13. This represents a significant turnaround compared to last year's deficit of £901.50. This has contributed to our overall Funds Carried Forward of £47,992.21, providing a solid foundation for our activities in the coming year.
Several factors have contributed to this positive outcome, showing notable improvement over the previous year.
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Firstly, our fundraising efforts were especially successful, bringing in £3,951, a significant increase from the £56.72 raised last year.
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Secondly, Donations were also a significant contributor, raising £14,174.88 and showing substantial improvement.
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Finally, it was great to see an increase in the take up of activities – this is a core part of what the group is all about.
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Bank interest on savings was also up £381.76 this year.
On the expenditure side, we have managed our costs effectively. While activities expenditure was £4,641.41, we were able to balance that by raising income via our activities of £5,623.89. We have also contained fundraising costs to £101.40, ensuring that the majority of funds raised directly benefit our members. Through careful management and increased fundraising and other income, we have significantly improved our overall financial position. This will help us to continue supporting our activities at Great Barton.
A Heartfelt Thank You
I would like to express my gratitude to everyone on the team. This has been my last year as Treasurer and so I would like to express my gratitude to everyone who has helped over the last few years: you have all provided incredible support, dedication and commitment to the team. Your efforts in fundraising, managing activities, and contributing your time have been invaluable.
Thank you all for your continued support of Great Barton.
| 2024/2025 | 2023/2024 | ||
|---|---|---|---|
| RECEIPTS | Subscriptions | £4,628.50 | £3,656.00 |
| Activities | £5,623.89 | £3,313.08 | |
| Grants | £0.00 | £0.00 | |
| Donations | £14,174.88 | £56.72 | |
| Fundraising | £3,951.00 | £0.00 | |
| Gift Aid | £0.00 | £0.00 | |
| Bank interest | £381.76 | £0.00 | |
| Rates refund | £0.00 | £0.00 | |
| Total receipts | £28,760.03 | £7,025.80 | |
| PAYMENTS | District Fees | £3,945.50 | £0.00 |
| Activities | £4,641.41 | £3,055.99 | |
| Uniforms, Badges, etc. | £583.82 | £434.81 | |
| Sundry Group Costs | £61.00 | £514.65 | |
| Fundraising costs | £101.40 | £0.00 | |
| Grants paid | £0.00 | £0.00 | |
| Hut Repairs & Improvements | £989.22 | £168.13 | |
| Equipment Repairs & Purchases | £280.46 | £0.00 | |
| Rent & Rates | £385.31 | £820.74 | |
| Light & Heat | £716.61 | £547.33 | |
| Insurance | £1,955.36 | £2,098.73 | |
| Legal and Professional Fees | £0.00 | £156.00 | |
| Executive Expenses | £0.00 | £0.00 | |
| Finance costs | £292.81 | £130.92 | |
| Total Payments | £13,952.90 | £7,927.30 | |
| SURPLUS/(DEFICIT) FOR THE YEAR | £14,807.13 | -£901.50 | |
| FUNDS BROUGHT FORWARD | £33,185.08 | £33,509.03 | |
| FUNDS CARRIED FORWARD | £47,992.21 | £32,607.53 | |
| ANALYSIS OF FUNDS | |||
| CARRIED FORWARD | |||
| Lloyds TSB Bank plc | £32,194.50 | £17,481.54 | |
| Cash in Hand | £0.00 | £287.59 | |
| Savings account | £15,797.71 | £15,415.95 |
SCrUtinee8 Re ort to the Ttee3 of the GREAT BARTON SCOUT GROUP I report on the accounts of the GrouplDistrict for the year ended 31ST March 2025 Raspectiva rn8pon8lbllllles of Trustees and Scrutineer8 As the Group's trustees, you are responsible ft)r preparing the accounts.. you consider that neither the audrt nor independent examinaticm requirements of the Charities Act 2011 apply. It is my responsibility to scrutinise the accounts without carrying out an audit or independent examination and to report to you. Basi8 of &rutineer's Statsment In accordance with the directions gNen in the Group's constitution, I have scrutinised the records and the ReIpt and Payments accounts as requested. Scrutln••e$ Statement In my opinion, the accounts are in accordan with the records produced lo me and comply with the constitution. Signed.. Name.. Mr Paul Rayner Address.. 55 Daisy Avenue, Bury St Edmunds, Suffolk IP32 7PG Lfioix105 (1•t FobNary 2017