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2025-03-31-accounts

Charity registration number: 272863

Exeter and District Scout Council

Annual Report and Financial Statements for the year ended 31 March 2025

Exeter and District Scout Council

Contents

Page
Reference and Administrative Details 1
Trustees’ Report 2
Independent Examiner’s Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8

Exeter and District Scout Council

Reference and Administrative Details

Trustees:

Mrs R Luxton District Commissioner Mrs V Drew District Treasurer Mrs S Ball District Secretary (resigned 25 March 2025) Mr S James Chair (resigned 31 January 2025) Mr M Kolaszynski Chair Mr R Ball (resigned 3 July 2024) Mr M P Bendell Mrs M C M Brown (resigned 3 July 2024) Ms H Clarkson (appointed 3 July 2024) Rev M Clayton (appointed 3 July 2024) Mr N Davey (resigned 3 July 2024) Mr B Kingwell (appointed 3 July 2024) Ms A Kolaszynska (appointed 3 July 2024) Mrs J Manville

Charity Registration Number: 272863 Principal Office: Little Silver Activity and Training Centre Unit 9 Ashton Business Centre Ashton Road Marsh Barton Trading Estate Exeter EX2 8LN Independent Examiner: GX Accountancy & Bookkeeping Services 1 Fortescue Court Fortescue Farm Thorverton EX5 5JN Bankers: NatWest 59 High Street Exeter EX4 3DL

Page 1

Exeter and District Scout Council Trustees Report For the year ended 31 March 2025

The trustees present their annual report together with the financial statements of the charity for the year ended 31 March 2025.

Structure, governance and management

Nature of governing document

The Exeter and District Scout Council's governing documents are those of The Scout Association. They consist of a Royal Charter, which in turn gives authority to the Bye Laws of the Association and The Policy, Organisation and Rules of The Scout Association.

Trustees and officers

The trustees and officers serving during the year and since the year end are set out on page 1.

Recruitment and appointment of trustees

Trustees are appointed in accordance with the policy, organisation and rules of The Scout Association.

Governance

Vice-Presidents: Mrs S Bendell Mr N Davey Mr D Madge

Objectives and activities

Purpose

Our purpose is to actively engage and support young people in their personal development, empowering them to make a positive contribution to society.

Public Benefit

We believe we’ve met the Charity Commission’s public benefit criteria for both the advancement of education, and the advancement of citizenship and community development. Scouts follows two key principles set by the Commission with regard to public benefit:

1. Identifiable benefit

The way we help young people in their personal development and empower them to make a positive contribution to society. This benefit is directly linked to the purpose of Scouts.

2. Public benefit

Scouts is a national movement. We’re open to all young people aged 4–24 and adult volunteers who are willing to make the Scout Promise. We help young people step up, speak up and dream big. Most importantly, we help them gain the skills they need to succeed in life.

We’re proud that all young people, particularly those in areas of deprivation, can benefit from our programme and aren’t constrained by their ability to pay the subscription. Locally, there are arrangements to waive subscriptions and other costs for those who face financial hardship.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

Exeter and District Scout Council Trustees Report For the year ended 31 March 2025

Achievements and performance

Our January census return shows a nearly 4% uplift in numbers to 898, not matched since 2020. A positive sign of the general health of the District. There are 3 Squirrel Drays and newly formed sections within the Explore Scouts affiliating with Air, Sea and Land accordingly.

The overall programme included a wide range of activities and representation at Remembrance Day commemorations, St. Georges Day service and parade, Ten Tors Competition, Exeter Monopoly run, The Gang Show and much more. The Trustees are privileged to support the Lead Volunteer in their delivering of a full program of activities for our younger members.

The process of Transformation is complete and has set the scene for how Trustee Board business is conducted. Placement of a Risk Register sits at its core, regulates the agenda so focus can be tracked and Operational Risks responded to in a timely manner. Regular informal meetings have been instigated which are open to all Group Chairs for them to share their thoughts and challenges. These have been well received by those who attend.

Little Silver Activity Centre will soon benefit from a new Climbing Wall, whilst technical delays are resolved, the young members across the District keenly await is commissioning.

As it looks to its future the Centre remains a key topic for the board to ensure its ongoing success providing facilities to Commercial Clients, Activities for all District sections and of course accommodating the Scout shop which continues to thrive.

Financial review

During the year the charity received total income of £197,867 (2024: £159,266), most of which came from shop and other sales £84,334, (2024: £85,508) and income generated from charitable activities £80,267, (2024: £70,773).

Total expenditure of £153,108 (2024: £139,787) included £85,922 (2024: £68,977) directly spent on achieving our charitable objects and £67,936 (2024: £70,810) generating shop and other income. The total surplus of £44,759 (2024: £19,479) bought our total reserves at the end of the year to £570,286 (2024: £525,527).

Policy on reserves

The charity’s total funds at the year end were £570,286, which included £33,938 of restricted funds and £480,111 represented by tangible assets. The Trustees have considered the financial risks to which the charity is exposed and consider that liquid funds of approximately twelve month’s expenditure, £50,000, would be sufficient to manage an unexpected reduction in income or increase in operating costs. Free reserves of the charity amounted to £56,237 at the year end, and they are therefore satisfied that the reserves at the year end are sufficient to cover this.

Page 3

Exeter and District Scout Council Trustees Report For the year ended 31 March 2025

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on 2 July 2025 and signed on its behalf by:

Mr M Kolaszynski Chair

Mrs V Drew District Treasurer

Page 4

Exeter and District Scout Council

Independent Examiner’s Report Year ended 31 March 2025

I report to the trustees on my examination of the accounts of Exeter and District Scout Council for the year ended 31 March 2025 which are set out on pages 6 to 16.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Glenn Redler BFP FCA GX Accountancy & Bookkeeping Services 1 Fortescue Court Fortescue Farm Thorverton EX5 5JN

Date 7 July 2025

Page 5

Exeter and District Scout Council

Statement of Financial Activities for the year ended 31 March 2025

Note
Incoming resources
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment income
5
Total Income
Expenditure
Cost of raising funds
6
Charitable activities
7
Total Expenditure
Net income for the year
Funds brought forward
Funds carried forward		 Unrestricted
Funds
£
1,879
80,267
84,334
1,137
167,617
67,936
84,922
152,858
14,759
521,589
536,348		 Restricted
Funds
£
30,250
-
-
-
30,250
-
250
250
30,000
3,938
33,938		 Total
2025
£
32,129
80,267
84,334
1,137
197,867
67,936
85,172
153,108
44,759
525,527
570,286		 Total
2024
£
2,082
70,773
85,508
903
159,266
70,810
68,977
139,787
19,479
506,048
525,527

The notes on pages 8 to 16 form an integral part of these financial statements.

Page 6

Exeter and District Scout Council

Balance Sheet as at 31 March 2025

Note
Fixed Assets
Tangible assets
10
Current Assets
Stocks
11
Debtors
12
Cash at bank and in hand
13
Creditors: Amounts falling due within one year
14
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after one year
15
Net assets
Reserves
Restricted funds
Unrestricted fund		 2025
£
480,111
40,412
13,234
139,814
193,460
(65,835)
127,625
607,736
(37,450)
570,286
33,938
536,348
570,286		 2024
£
487,908
41,875
17,685
129,050
188,610
(82,065)
106,545
594,453
(68,926)
525,527
3,938
521,589
525,527

The financial statements were approved by the Board of Trustees on 2 July 2025 and signed on their behalf by:

Mrs V Drew District Treasurer

Mr M Kolaszynski Chair

The notes on pages 8 to 16 form an integral part of these financial statements.

Page 7

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Exeter and District Scout Council meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies or notes to these financial statements.

Going concern

The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. No such uncertainties have been identified.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with depreciation charges allocated on the portion of the asset’s use.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 8

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including accounts examination, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is a registered charity and therefore is not liable for income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost.

The freehold property of the charity was revalued as at 1st April 2014, the transition date to FRS102. In accordance with the transitional arrangements of FRS102 that revaluation is carried as deemed cost without further need for periodic revaluations.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation rate and method Freehold buildings 4% straight line Freehold land Nil Scout equipment 25% reducing balance Shop equipment 10% reducing balance

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Page 9

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

Page 10

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment. With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

2 Income from donations and legacies

Legacies
Donations
Gift aid reclaimed		 Unrestricted
Funds
£
250
798
831
1,879		 Restricted
Funds
£
-
30,250
-
30,250		 Total
2025
£
250
31,048
831
32,129		 Total
2024
£
-
992
1,090
2,082

3 Income from charitable activities

Council
Groups support
Explorer Scouts
Gang Show
District activities
HQ Lettings		 Unrestricted
Funds
£
13,123
974
4,515
21,963
21,238
18,454
80,267		 Restricted
Funds
£
-
-
-
-
-
-
-		 Total
2025
£
13,123
974
4,515
21,963
21,503
18,189
80,267		 Total
2024
£
11,620
4,641
5,284
15,720
12,085
21,423
70,773

Funds Received as Agent

The Council received membership subscriptions totalling £56,225 (2024: £51,780), of which £43,250 (2024: £40,326) was paid over to The Scout Association. The Council's share of these memberships of £12,975 (2024: £11,454) is included as income in the accounts.

Page 11

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

4 Income from other trading activities

Trading income:
Sales of goods
Investment income
Interest receivable and similar income;
Bank interest received
Expenditure on trading activities
Costs of goods sold
Marketing and publicity
Depreciation
Other shop costs		 Unrestricted
Funds
£
84,334		 Restricted
Funds
£
-		 Total
2025
£
84,334		 Total
2024
£
85,508
Unrestricted
Funds
£
1,137
Unrestricted
Funds
£
59,685
908
220
7,123
67,936		 Restricted
Funds
£
-
Restricted
Funds
£
-
-
-
-
-		 Total
2025
£
1,137
Total
2025
£
59,685
908
220
7,123
67,936		 Total
2024
£
903
Total
2024
£
62,583
227
244
7,756
70,810

5 Investment income

6 Expenditure on trading activities

7 Expenditure on charitable activities

Council
Groups support
Explorer Scouts
Gang Show
District Activities
HQ running costs
Depreciation
Governance costs		 Unrestricted
Funds
£
7,780
1,634
6,116
21,803
22,616
16,335
7,577
1,061
84,922		 Restricted
Funds
£
-
-
250
-
-
-
-
-
250		 Total
2025
£
7,780
1,634
6,366
21,803
22,616
16,335
7,577
1,061
85,172		 Total
2024
£
10,176
4,507
5,926
15,613
11,816
11,792
7,694
1,453
68,977

Page 12

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

8 Analysis of governance costs

Trustee expenses
Legal fees
Independent examiner fees;
Examination of the financial
statements		 Unrestricted
Funds
£
61
-
1,000
1,061		 Restricted
Funds
£
-
-
-
-		 Total
2025
£
61
-
1,000
1,061		 Total
2024
£
103
500
850
1,453

9 Trustees remuneration and expenses

During the year the charity reimbursed expenses of £92 to two trustees (2024: £103 to two trustees) and paid £1,080 to one trustee for management services (2024: Nil).

10 Tangible Fixed Assets

Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Land and
Buildings
£
555,670		 Furniture and
Equipment
£
26,568		 Total
£
582,238
555,670
71,362
7,577
78,939
476,731
484,308		 26,568
22,968
220
23,188
3,380
3,600		 582,238
94,330
7,797
102,127
480,111
487,908

Revaluation

The charity’s land and buildings were revalued on 1 April 2014 (the transition date to FRS102) by the Trustees. An independent valuer was not involved. In accordance with the transitional arrangements of FRS102 that revaluation is carried as deemed cost without need for further valuation. Had this class of assets been included at their historical cost then their carrying amount would have been £331,302 (2024 £337,415).

11 Stock

Stock Unrestricted
Funds
£
40,412		 Restricted
Funds
£
-		 Total
2025
Total
2024
£
£
40,412
41,875

Page 13

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

12 Debtors

Trade debtors
Prepayments
Accrued income		 Unrestricted
Funds
£
5,413
372
570
6,355		 Restricted
Funds
£
-
6,879
-
6,879		 Total
2025
£
5,413
7,251
570
13,234		 Total
2024
£
3,683
14,002
-
17,685

13 Cash and cash equivalents

Cash on hand
Cash at bank		 Unrestricted
Funds
£
1,008
111,747
112,755		 Restricted
Funds
£
-
27,059
27,059		 Total
2025
£
1,008
138,806
139,814		 Total
2024
£
314
128,736
129,050

14 Creditors: amounts falling due within one year

Trade creditors
VAT
Bank loan
Accruals
Deferred income		 Unrestricted
Funds
£
56
774
10,400
950
53,655
65,835		 Restricted
Funds
£
-
-
-
-
-
-		 Total
2025
£
56
774
10,400
950
53,655
65,835		 Total
2024
£
831
716
7,923
850
71,745
82,065

The bank loan included above of £10,400 (2024: £7,923) is secured on the charity’s freehold property.

Included in the above is deferred income as set out below:

Deferred income brought forward at 1 April
Resources deferred in the period
Amounts released from previous periods
Deferred income carried forward at 31 March		 Total
2025
£
71,745
53,655
(71,745)
53,655		 Total
2024
£
52,735
71,745
(52,735)
71,745

Deferred income carried forward above includes £53,655 (2024: £56,225) of membership subscriptions for 2025/2026 and includes an element which has been collected as agent for The Scout Association.

Page 14

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

15 Creditors: amounts falling due after one year

Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Bank loan 37,450 - 37,450 68,926

The bank loan included above of £37,450 (2024: £68,926) is secured on the charity’s freehold property.

16 Funds

6 Funds
Unrestricted funds
General fund
Restricted funds
Ten Tors Equipment
Climbing wall
Squirrels
Other
Total funds
Unrestricted funds
General fund
Restricted funds
Ten Tors Equipment
Climbing wall
Squirrels
Other
Total funds		 Balance at 1
April 2024
£
521,589
1,968
745
1,225
-
3,938
525,527
Balance at 1
April 2023
£
501,746
1,968
745
1,459
130
4,302
506,048		 Incoming
Resources
£
167,617
-
30,000
-
250
30,250
197,867
Incoming
Resources
£
159,266
-
-
-
-
-
159,266		 Resources
Expended
£
(152,858)
-
-
-
(250)
(250)
(153,108)
Resources
Expended
£
(139,423)
-
-
(234)
(130)
(364)
(139,787)		 Balance at
31 March
2025
£
536,348
1,968
30,745
1,225
-
33,938
570,286
Balance at
31 March
2024
£
521,589
1,968
745
1,225
-
3,938
525,527

Restricted funds are as follows:

Ten Tors Equipment – comprises funds received towards the purchase of equipment for use on Ten Tors events.

Climbing Wall – represents funds given towards the renovation of our climbing wall.

Squirrels – are funds given towards activity equipment and leader training for the Squirrels section.

Other – comprises small amounts given for specific gifts or other costs.

Page 15

Exeter and District Scout Council

Notes to the Financial Statements for the year ended 31 March 2025

17 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Creditors due after 1 year
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors due after 1 year
Total net assets		 Unrestricted
funds
£
480,111
159,522
(65,835)
(37,450)
536,348
Unrestricted
funds
£
487,908
184,672
(82,065)
(68,926)
521,589		 Restricted
funds
£
-
33,938
-
-
33,938
Restricted
funds
£
-
3,938
-
-
3,938		 Total funds
at 31
March 2025
£
480,111
193,460
(65,835)
(37,450)
570,286
Total funds
at 31
March 2024
£
487,908
188,610
(82,065)
(68,926)
525,527

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