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2020-12-31-accounts

Trustees meeting

24[th] June 2020

Owl’s Lane, Buntingford.

Trustees:

Emma Ballantyne

Sandra Neill

Kay Hamilton-Crook (Chair)

Jo McNamara

Alison Barr

Kerri Malyon (minute secretary)

Apologies:

None

Accounts 2019

Accounts were reviewed and approved.

Total income £37,605 and Spending £34,256

Subs were ceased in April 2020 due to the COVID-19 pandemic – this was agreed by all Trustees. Potential for re-instatement in January 2021.

Proposal for Scout Hut

We have been approached by two pre-schools as there has become a greater need for more childcare facilities within the Buntingford area, due to the town growing in size over the past two years. As part of the community the need to support families and children is becoming greater and with having space available for hire, this seemed like the appropriate step forwards.

Two proposals have been received from pre-schools for permanent letting of the scout hut – Mon – Fri.it was noted that the letting of the hut to a community group for education is permitted under the current VAT rules.

First proposal was rejected based on communication issues.

Second proposal was accepted by the Trustees. Details of the letting as follows;

48 weeks per year between 8am – 4pm.

It was agreed that there would be a rate reduction for the first 3 months to enable the setting up of a new business, the rate would return to standard for the following 38 weeks.

The pre-school are to be responsible for the cleaning of the hut. This should be based around existing COVID-19 guidance issued by the UK Government and the Scout COVID-19 risk assessment.

Action – Sandra to send Jo and Kay copy of the insurance details for the Scout hut to enable a thorough check to be completed.

Action – Jo Cleaning for extra activities to be arranged – e.g: evening activities.

Action – Kay to contact existing hirers regarding termination of contracts asap.

Action – Jo to contact proposed pre-school hirer regarding hourly cost of letting and agree deposit details (proposed 2 months and £500 holding fee)

Action – Kerri/Jo/Kay – Develop COVID-19 risk assessment

It was noted that all Trustees approved this proposal with the changes detailed above.

AGM date

Trustees to attend in person (Social distancing will be implemented). All parents to be invited via Zoom.

Monday 6[th] July @ 7:30pm

Location TBD

Trustees agreed on nominations for Peter Smart Trophy and Section Trophy.

AOB

After numerous issues with BT it was decided that a temporary solution will be found to the internet installation for a period of 2 months, until the BT situation is resolved.

Management Report

Buntingford Scout Group #275294 For the period ended 31 December 2020

Prepared on 6 October 2021

For management use only

Table of Contents

Profit and Loss .................................................................................................................................................3 Balance Sheet..................................................................................................................................................5

2/5

Profit and Loss

January - December 2020

Profit and Loss
January - December 2020
Total
INCOME
Donations One off's 14,675.62
Easy fundraising 309.80
Event 0.00
Annual Family Camp 95.00
Santa Run 347.99
Total Event 442.99
Gift Aid 7,898.05
Hut Lettings 9,232.74
Misc Income 500.00
School Meal Initiative 2,760.50
Subs Griffins 946.40
Subs Hawks 800.80
Subs Phoenix 538.72
Subs Quinn 713.44
Subs Rib 1,222.60
Subs Taurus 990.50
Total Income 41,032.16
GROSS PROFIT 41,032.16
EXPENSES
AGM 27.07
Capitation Quinn 1,112.50
Capitation Rib 845.50
Capitation Taurus 979.00
Capitation Griffins 845.50
Capitation Hawks 756.50
Capitation Phoenix 489.50
Donations given out 1,144.50
Electric 2,307.85
Expenses Griffins 372.24
Expenses Group 1,163.26
Expenses Hawks 173.40
Expenses Phoenix 348.73
Expenses Quinn 10.00
Expenses Rib 552.96
Expenses Taurus 147.24
Group Badges & Uniform 1,841.35
Group Monthly Subscriptions 1,410.35
Group Printing, Postage and Stationery 62.86
Group Professional Services 300.00
Hut costs/repair & renew 10,427.04
Insurances 1,063.67
School meals initiative supplies 2,817.98
Waste 777.32
Water 252.31

3/5

Buntingford Scout Group #275294

Total
Total Expenses 30,228.63
NET OPERATING INCOME 10,803.53
NET INCOME £10,803.53

4/5

Buntingford Scout Group #275294

Balance Sheet

As of December 31, 2020

Balance Sheet
As of December 31, 2020
Total
FIXED ASSET
Total Fixed Asset
CASH AT BANK AND IN HAND
Bank Current & Activities 1,818.74
Bank Subs 31,533.46
Pettycash 765.97
Total Cash at bank and in hand 34,118.17
CURRENT ASSETS
Uncategorised Asset 8,317.00
Total Current Assets 8,317.00
NET CURRENT ASSETS 42,435.17
NET CURRENT ASSETS(LIABILITIES) 42,435.17
TOTAL ASSETS LESS CURRENT LIABILITIES 42,435.17
TOTAL NET ASSETS (LIABILITIES) £42,435.17
CAPITAL AND RESERVES
Opening Balance Equity 35,766.12
Retained Earnings -4,134.48
Profit for theyear 10,803.53
Total Capital and Reserves £42,435.17

5/5

Buntingford Scout Group #275294

Braceys F.A.O Sandra Neill Buntlngford Scout Group Bowling Green Lane Buntlngford Hertfordshlre SG9 9AW 1Y Aprll 2021 Dear Sandrq Accounts lor the year onded 3141 December 2020 Please take thls letter as formal conflrmatlon that the accounts for the year ended 31 December 2020 undertook an Internal examination by us, Bracey s Accountants Llmlted. Durlng the examlnatlon querles were ralsed and answered to verify the valldlty of the accounts data to whlch we were happy with the results. We confirm we are happy with the result of our Independent examlnatlon and approve this vla the slgnature below. If you have any further questlons. please do not hesltate to contact us. Klnd Regards, Farren 8rooker For and on behalf of Bracey s Accountants Llmlted TeL' 01462 413 249 braceys-accountants.co.uk moil@broceys-accountants.co.uk ettd Officè (Brtteey'g AeCOuntaritS Limited) Unit l. The Cam Centre. Wilburyway. Hitehiry Hertfordghirè S(>1 OTW Brtstèys Aetountthts LlmrtÈd P4ÈmbÈr>ofthèAss¢>tlotlon otChortÈtÈd CÈrtlflÉ ACCA Attountttrtt￿ RÈgistèrÈd lth Ethyittnd WttlÈs R*iltÈrèd OrfitÈ Uthlt 1.ThÈ Cttm CÈThtrÈ. WilbutyW&y. Hltchlh. Hèr&ordshlrÈ SG4 OTW CompohyRÈyistrttion No 7233S70