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2023-12-31-accounts

NORFOLK GUIDE ASSOCIATION

REPORT AND FINANCIAL STATEMENTS FOR YEAR ENDED 31 DECEMBER 2023

Charity number 280532

NORFOLK GUIDE ASSOCIATION

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Contents
 Page
Trustees’ Annual Report 1 - 9
Independent Examiner’s Report to the Trustees 10
Statement of Financial Activities (incorporating the
Income and Expenditure account) 11
Balance Sheet 12
Cash Flow Statement 13
Notes to the Financial Statements 14 - 28
Management Information Only – ARC accounts 29 - 30
(these pages do not form part of the statutory accounts)

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their report and financial statements for the year ended 31 December 2023.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Objectives and Activities

The primary purpose of the Norfolk Guide Association is to promote Girlguiding in Norfolk.

Girlguiding, as part of a worldwide movement, is a girl-only organisation, dedicated to creating a better world for girls and young women and enabling them to develop their full potential. Through fun, friendship, challenge and adventure we empower girls to find their voice, inspiring them to discover the best in themselves and to make a positive difference in their community.

Public Benefit

Main objectives for the year.

The county’s main objectives for 2023 were:

Achievements and Performance

This year was the first in which guiding throughout the county returned to a full programme of activities following the Covid-19 pandemic. For many it was a period of consolidation, giving opportunities for day trips and residential stays which many girls had been unable to experience before.

Membership continued to increase, although it is still not back to pre-Covid levels and it is hoped that the upward trend will continue into 2024.

1

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Achievements and Performance (continued)

Increasing awareness of the opportunities which guiding offers to young people was a high priority during 2023 and many activities took place to raise the profile of guiding. This was helped by the Big Help Out, which formed part of the coronation celebrations in May, and saw a number of volunteers abseiling down the Norwich Forum building to help launch the Girlguiding Anglia recruitment campaign.

In May many units also participated in events in their local areas to celebrate the coronation of King Charles III, and a county King Charles Coronation Challenge badge proved very popular.

Unit summer activities included activity days, outings, camps and holidays. The county gave each division £1,000 to enable units to arrange a summer event which they would not otherwise have been able to do, and as a result many girls enjoyed trips to the cinema and the Hippodrome Circus in Great Yarmouth and activity days at Hautbois House and Eaton Vale Activity Centre.

Girlguiding Norfolk had a strong presence in the Lord Mayor’s Procession in Norwich and at the Royal Norfolk Show where girls and volunteers met the Prince of Wales. Members also participated in the Sandringham Flower Show, Run Norwich and a lot of other local events, fetes and carnivals around the county.

A successful commissioners’ day was held at the East Anglian Air Ambulance Headquarters at Norwich Airport in March, giving all commissioners the opportunity to meet and exchange ideas. 1st Response trainings were delivered across the county and, although most committee meetings continued to take place online, three face-to-face trustees’ meetings were held at Pensthorpe Natural Park and Hautbois House.

During Volunteers’ Week in June a mailout with a special badge was again sent to 1,400 volunteers in the county to thank them for all they were doing.

The County President, Carol Bundock, finished her term of office during the year and was presented with gifts at a Vice Presidents’ afternoon tea in June.

Girlguiding nationally introduced its new branding during the year, and this is gradually being incorporated into county equipment and publicity materials.

The county’s online shop, which has now been trading for three years, continued to go from strength to strength and made a surplus of over £2,000 in the year, a very welcome addition to the county’s income.

Patteson Lodge and Campsite

Patteson Lodge and campsite hosted 75 bookings in 2023 - 48 residential stays in the lodge, 14 groups on the campsite and 13 day hire bookings. These included groups both from within the county and further afield.

Many maintenance jobs were completed, including the installation of new improved fire detectors, a new fire escape external staircase and work to tidy the grounds and woodland. The Friends of Patteson Lodge also paid for a washing machine so that laundry can be completed in-house.

A new staff team was appointed during the year and they have been updating and improving procedures and communication with users. A new online booking system has been introduced and this has enabled processes to be reviewed and streamlined.

2

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Achievements and Performance (continued)

Archive Resource Centre (ARC)

The highlight of the year for the ARC was the achievement of Museum Accreditation awarded by the Arts Council England. This recognition will raise the profile of the Girlguiding Norfolk ARC, and will give opportunities for support, both in developing skills and financially with the possibility of applying for grants which are only available to accredited museums.

Sessions at the ARC continued to be popular with all sections, and additional activities including traditional cooking were added to the opportunities available. The ARC participated once again in Heritage Open Days, 27 girls attended the 1940’s camp at Gressenhall in August and the ARC also had a presence at the Suffolk County Camp, the Archives Fair at the Forum in Norwich and the Big Help Out.

Work continued to catalogue the collection and by the end of the year approximately 30,000 items had been included. This will make it easier to support units researching their history and looking for information for events, celebrations and anniversaries and to respond to enquiries.

A total of 8,295 hours was contributed by volunteers, working both onsite and offsite. A group of volunteers visited the Girlguiding Archives, currently housed in Grantham, and a Friends of the ARC Group is in the process of being established to encourage support for the ARC and raise the profile of the work that is done there.

Financial Review

The financial results for the year are shown on pages 11-30 of this report.

The total income received in 2023 was £118,554, compared with £136,971 in 2022.

The main sources of income were:

Expenditure in the year totalled £155,215 (£139,312 in 2022).

The main areas of expenditure were:

There was a deficit for the year of £36,661, compared with £2,341 in 2022. The overall position for 2023 includes a surplus of £725 on the General Fund (after transferring £15,000 to the Patteson Lodge Estate Building Fund), and a deficit of £15,169 at Patteson Lodge. A deficit of £13,577 on the ARC Fund (largely due to depreciation) and an overall deficit of £8,640 on other funds resulted in the final position.

It was noted in 2022 that there were a number of significant maintenance issues which would need to be addressed at Patteson Lodge in 2023, and these have contributed to the deficit in the year. There has also been a reduction in income compared with the previous year and it has been recognised that a longer-term plan for the business is required. This will be carried out in 2024.

Girlguiding Norfolk set a balanced budget for 2023 and the membership subscription paid by each member increased by £9.50, reflecting a national increase of £7.00 and an increase in the Girlguiding Anglia Region subscription of £2.50. There was no increase in the Girlguiding Norfolk levy and no subscriptions were levied by divisions or districts.

3

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Financial Review (continued)

The trustees consider, however, that Girlguiding Norfolk County currently remains in a stable financial position and the budget will continue to be closely monitored at each trustee meeting. There have been no material changes in the policies of the Association since the last annual report.

How expenditure has supported the key objectives of the Charity

Over £24,000 was allocated to divisions to be used to support units as they considered appropriate.

Over £7,000 was spent on leadership support and training

Over £18,000 was spent on repairs and maintenance and renewal of equipment at Patteson Lodge

Reserves Policy

Reserves are needed to bridge the gap between the spending and receiving of income, and to cover unplanned emergency expenditure. It is the policy of the Association to maintain sufficient reserves to:

The level of general unrestricted free reserves amounted to £124,933 at the year-end (£123,984 in 2022) This will be monitored on a regular basis by the trustees at the meetings of the County Executive Committee.

The level of reserves the trustees have in the past considered necessary to meet the above has amounted to around £120,000 in an average year, representing an estimate of 12 months’ operating costs. However, costs in 2023 have remained lower, and the estimate of 12 months’ operating costs has reduced to around £105,000. The current level of unrestricted reserves is higher than that guideline but the trustees consider that, particularly in the light of their responsibility.for the maintenance and renewal of the county’s properties, the level of reserves is appropriate.

Free reserves which have been designated for other purposes, including Patteson Lodge, Guide Aid/Guide Aid Plus and the ARC amounted to £122,078. All earmarked funds will initially be retained for their original purpose, subject to review if that becomes necessary in the longer term.

The Heritage Jigsaw Fund and the Arnold Clark Fund have been accounted for as Restricted Funds and currently total £3,749.

4

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Financial Review (continued)

Principal Funding Sources

The principal sources of income for the General Fund in 2023 have been subscriptions, investment interest and income from the online shop.

The principal sources of income for Patteson Lodge during the year have been booking fees from the hire of the lodge and campsite.

The principal sources of income for the ARC during the year were retail sales, donations and archive activity sessions.

Investment Policy

During 2023 the Trustees agreed that investments should continue to be kept relatively short-term with a spread of accessibility. Fixed deposits with United Trust bank were reinvested as follows:

The remaining funds are currently invested in a Barclays Premium account, COIF Charity Funds, a Cambridge and Counties bank 31 day notice account and a 90 day notice account with the Hinckley and Rugby Building Society. The position will continue to be monitored during 2024 in the light of the county’s current financial circumstances.

Plans for the Future

Organisation and Administration

Leadership Training

Programme

Patteson Lodge

5

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Plans for the Future (continued)

International Opportunities

The Archive Resource Centre (ARC)

6

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Structure, Governance and Management

Governing Document

The Norfolk Guide Association (the Association) was established under a trust deed dated 14 December 1922 and was originally approved by the Inland Revenue Charity Division on 25 February 1963. The Association was registered with the Charity Commission on 9 January 1964 as a charity whose primary purpose is to promote guiding in Norfolk.

Recruitment and Appointment of Trustees

There are currently two joint County Commissioners who chair the County Executive Committee. County Commissioners are appointed by the Chief Commissioner of Girlguiding Anglia Region, in consultation with all trustees in the county, members of the County Executive Committee and others as appropriate, usually for a period of five years. Other trustees are appointed by the County Commissioner(s) for a period of three years with the option of extending for another two years.

Induction and Training of Trustees

The induction and training of new trustees is carried out in accordance with the national provisions of Girlguiding. A trustee training was held virtually in November 2022 and all new Girlguiding Norfolk County trustees receive the support of a mentor, and a Trustee Induction Pack, on appointment.

Organisational Structure

The activities of the Association are managed by the trustees through the County Executive Committee which meets at least three times a year. The function of the Committee is to direct the general development and foster the growth and spirit of The Guide Association within the County of Norfolk, in accordance with the provisions of the guiding manual in force from time to time.

The overall operation of the Association is divided into four areas:

During the year the Association was supported by three part-time members of staff at the Patteson Lodge Activity Centre, a part-time training administrator, one part-time member of staff at the ARC and the county newsletter editor. In addition, a general maintenance assistant at Patteson Lodge has been appointed under a partnership staffing agreement with Girlguiding Anglia.

Risk Management

The trustees review the major risks to which the charity is exposed on a regular basis and have established systems to mitigate those risks. Their findings are detailed in the charity’s Risk Register document, which has been updated in 2023 at each trustee meeting. In addition, specific and detailed Risk Assessments are required to run outdoor and indoor unit meetings and special events.

Connected Charity

Eaton Vale Scout and Guide Activity Centre Limited is a connected charity and is established as a joint enterprise between the Norfolk Guide Association and the Norfolk Scout Association. The main objectives of the Eaton Vale Scout and Guide Activity Centre are in line with those of the Guide and Scout Associations.

7

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Structure, Governance and Management (continued)

True and fair override

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Independent examiner

Mark Proctor FCA DChA is willing to stand as independent examiner in future years.

Reference and Administrative Details

Name: Norfolk Guide Association
Operating Name: Girlguiding Norfolk County
Charity Registration Number: 280532
Address: 14, Great Hautbois Road,
Coltishall
Norfolk
NR12 7JN
Our Advisers:
Independent Examiner: M Proctor FCA DChA
Lovewell Blake LLP
Bankside 300
Peachman Way
Broadland Business Park
Norwich
Norfolk NR7 0LB
Bankers: Barclays Bank plc
Barclays Business Centre
5-7 Red Lion Street
Norwich, Norfolk NR1 3QH

8

NORFOLK GUIDE ASSOCIATION

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Reference and Administrative Details (continued)

Trustees: Mrs C Martin County commissioner (to 31-08-23) Mrs Y Kemp (joint) County commissioner (from 01-09-23) Ms F Hunter (joint) County commissioner (from 01-09-23) Dr J Leeson Assistant county commissioner (to 31-08-23) Miss D Brookes Assistant county commissioner Mrs L Watkinson Assistant county commissioner (to 31-08-23) Mrs C Morrey County treasurer Mrs L Marquis Division commissioner Broadland (to 04-02-24) Mrs G Brown Division commissioner Broadland (from 04-02-24) Mrs L Elliott Division commissioner Central Norfolk (to 31-07-23) Miss R Broad Division commissioner Great Yarmouth Mrs L Gill Division commissioner King’s Lynn (to 05-06-23) Mrs C Roe Division commissioner King’s Lynn (from 05-06-23) Mrs P Whittaker Division commissioner Lowestoft Mrs J Elliott Division commissioner North Norfolk Mrs C Leigh Division commissioner North West Norfolk (to 13-08-23) Mrs J Wood Division commissioner North West Norfolk (from 13-08-23) Mrs S Carter Division commissioner Norwich Mrs C Lister Division commissioner South Norfolk Mrs H Pye Division commissioner South East Norfolk Mrs V Fonzo Division commissioner South West Norfolk Mrs C Pratt Division commissioner Wensum (to 31-07-23) Mrs C Chapman Division commissioner Wensum (from 01-08-23) Mrs C Gatehouse Division commissioner Wensum (from 01-08-23)

Mrs C Martin, Dr J Leeson, Mrs L Watkinson, Mrs L Elliott, Mrs L Marquis, Mrs L Gill, Mrs C Leigh and Mrs C Pratt ended their term of office during the year and Mrs Y Kemp, Ms F Hunter, Mrs C Roe, Mrs G Brown, Mrs J Wood, Mrs C Chapman and Mrs C Gatehouse were appointed. All other trustees held office throughout the year.

Approved by the trustees on 26[th] April 2024 and signed on their behalf by

Mrs Y Kemp

Ms F Hunter

9

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF NORFOLK GUIDE ASSOCIATION

FOR THE YEAR ENDED 31 DECEMBER 2023

I report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 December 2023 which comprise the statement of financial activities, balance sheet and the related notes.

Responsibilities and basis of report

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

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 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 financial statements do not accord with those records; or

  3. the financial statements 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.

Your attention is drawn to the fact that the Charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

Mark Proctor FCA DChA Independent Examiner

Lovewell Blake LLP Chartered accountants Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB

10

NORFOLK GUIDE ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023



Notes
Income and Endowments from:
Grants, donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
Other
5

Total income and endowments
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Reconciliation of funds
Total funds brought forward

Total funds carried forward
 Designated Funds
General
Patteson
Fund
Lodge
£
£
50,250
497
-
32,146
6,226
1,377
6,460
1,380
775
3,714
63,711
39,114
5,293
(296)
68,027
54,579
73,320
54,283
(9,609)
(15,169)

10,334
-
725
(15,169)

127,790
256,833

128,515
241,664
ARC
Funds
£
2,656
2,783
2,416
-
-

7,855

605
21,965

22,570
(14,715)

1,138
(13,577)
158,035
144,458
Other
Funds
£
819
-
-
-
-

819
-
2,169
2,169
(1,350)
(7,352)
(8,702)

74,240
65,538		 Restricted
ARC
Other
Funds
Funds
£
£
-
3,334
2,675
-
1,046
-
-
-
-
-
3,721
3,334
445
-
2,009
419
2,454
419
1,267
2,915
(786)
(3,334)
481
(419)
3,268
419
3,749
-		 Total
2023
£
57,556
37,604
11,065
7,840
4,489
118,554
6,047
149,168
155,215
(36,661)
-
(36,661)
620,585
583,924		 Total
2022
£
63,251
52,234
14,123
2,606
4,757
136,971

9,880
129,432

139,312

(2,341)
-
(2,341)
622,926

620,585

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure relates to continuing activities.

The notes on pages 14 to 28 form an integral part of these financial statements

11

NORFOLK GUIDE ASSOCIATION

BALANCE SHEET

AS AT 31 DECEMBER 2023

Notes
Fixed assets
Tangible assets
11
Current assets
Stock
12
Debtors
13
Cash at bank
Total current assets
Liabilities
Creditors: Amounts falling
due within one year
14
Net current assets
Net assets
The funds of the charity
Restricted Funds
15
Unrestricted Funds
General Fund
15
Designated Funds
15
Total charity funds		 2023
£
£
333,164
8,610
14,838
243,438
266,886
(16,126)
250,760
583,924
3,749
128,515
451,660
583,924		 2022
£
£
337,946
6,857
8,796
274,855
290,508
(7,869)
282,639
620,585
3,687
127,790
489,108
620,585

These financial statements were approved by the trustees on 26[th] April 2024 and are signed on their behalf by:

Mrs Y Kemp

Mrs C Morrey

The notes set out on pages 14 to 28 form an integral part of these financial statements

12

NORFOLK GUIDE ASSOCIATION

STATEMENT OF CASH FLOWS

YEAR ENDED 31 DECEMBER 2023


Notes
Cash flows from operating activities:
Net cash provided by / (used in)
operating activities
18
Cash flows from investing activities:
Income from interest
Purchase of tangible fixed assets
Net cash provided by/(used in)
Investing activities
Cash flows from financing activities:
Repayment of borrowing
Change in cash and cash equivalents
in the year
Cash and cash equivalents at the
beginning of the year
Cash and cash equivalents at the
end of the year
20		 Designated Funds
Restricted Funds
General
Patteson
ARC
Other
Other
Total
Total
Fund
Lodge
Funds
Funds
ARC
Funds
2023
2022
£
£
£
£
£
£
£
£
(2,315)
(17,134)
(2,712)
(8,943)
481
(477)
(31,100)
12,596
6,460
1,380
-
-
-
-
7,840
2,606
-
(8,157)
-
-
-
-
(8,157)
-
6,460
(6,777)
-
-
-
-
(317)
2,606
-
-
-
-
-
-
-
(495)
4,145
(23,911)
(2,712)
(8,943)
481
(477)
(31,417)
14,707
118,185
68,589
9,855
74,481
3,268
477
274,855
260,148
122,330
44,678
7,143
65,538
3,749
-
243,438
274,855

13

NORFOLK GUIDE ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting policies

(a) General information and basis of accounting

Norfolk Guide Association is an unincorporated charitable association, registered in England and Wales. The address of the registered office is given in the charity information on page 8 of these financial statements. The nature of the charity’s operations and principal activities is outlined within the Trustees’ Annual Report.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

(b) Fund accounting

(c) Income recognition

All income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

14

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting policies (continued)

(d)

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Government grants are recognised using the accrual model and the performance model.

Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the charity recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which they become receivable.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

(e) Expenditure and irrecoverable VAT

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered, and is reported as part of the expenditure to which it relates:

(f) Fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold property ARC building depreciated over 25 years on a straight line basis. Patteson Lodge is not depreciated (held at residual value). Standard Not depreciated Equipment 3, 5 or 10 years on a straight line basis

15

NORFOLK GUIDE ASSOCIATION NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting policies (continued)

(g)

Stock

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

(h) Pension costs

Contributions to the Charity’s defined contribution pension scheme (a stakeholder scheme) are charged to the Statement of Financial Activities in the year in which they become payable.

(i) Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

(j) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less.

(k) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

16

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

2. Grants , Donations and legacies

2023
Designated Funds
General
Patteson
Other
Fund
Lodge
ARC
Funds
£
£
£
£
Membership
subscriptions
48,710
-
-
-

Grants, Donations
and legacies:
Grants and donations
540
497
2,656
819
Legacies
1,000
-
-
-
1,540
497
2,656
819
Total grants,
donations and
legacies
50,250
497
2,656
819
2022
Designated Funds
General
Patteson
Other
Fund
Lodge
ARC
Funds
£
£
£
£
Membership
subscriptions
46,788
-
-
-
Grants, Donations
and legacies:
Grants and donations
Local authority
coronavirus support
164
-
1,034
4,000
2,735
-
-
-
Legacies
1,000
-
-
2,000
1,164
5,034
2,735
2,000

Total grants,
donations and
legacies
47,952
5,034
2,735
2,000


17

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

3.
Charitable activities
2023
Designated Funds *Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC Funds
£
£
£
£
£
£
Booking fees
-
32,146
2,783
-
-
-

County events
-
-
-
-
2,675
-
-
32,146
2,783
-
2,675
-

2022
Designated Funds
Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC Funds
£
£
£
£
£
£
Booking fees
-
46,389
2,104
-
-
-
County events
1,212
-
815
-
1,714
-
1,212
46,389
2,919
-
1,714
-
4.
Other trading activities
2023
Designated Funds *Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC
Funds
£
£
£
£
£
£
Trading income
6,181
1,377
1,814
-
1,046
-
Fundraising
45
-
602
-
-
-
6,226
1,377
2,416
-
1,046
-
2022
Designated Funds
Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC
Funds
£
£
£
£
£
£
Trading income
5,256
2,766
1,680
-
2,430
-
Fundraising
43
-
1,948
-
-
-

5,299
2,766
3,628
-
2,430
-		 Total
2023
£
34,929
2,675
37,604
Total
2022
£
48,493
3,741
52,234
Total
2023
£
10,418
647
11,065
Total
2022
£
12,132
1,991
14,123

18

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

5 . Other income

2023
Designated Funds *Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC
Funds
£
£
£
£
£
£
Solar panel income
-
1,809
-
-
-
-

Other
775
1,905
-
-
-
-

775
3,714
-
-
-
-
2022
Designated Funds
Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC
Funds
£
£
£
£
£
£
Solar panel income
-
1,730
-
-
-
-

Other
1,309
1,718
-
-
-
-

1,309
3,448
-
-
-
-
6.
Costs of raising funds
2023
Designated Funds
Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC
Funds
£
£
£
£
£
£
Membership paid by
county
1,261
-
-
-
-
-
Fundraising costs
404
-
353
-
10
-
Trading expenses
3,628
(296)
252
-
435
-
5,293
(296)
605
-
445
-
2022
Designated Funds *Restricted
General
Patteson
Other
Other
Fund
Lodge
ARC
Funds
ARC
Funds
£
£
£
£
£
£
Membership paid by
county
1,249
-
38
-
-
-
Fundraising costs
526
-
1,558
-
100
-
Trading expenses
3,164
2,089
292
-
864
-
4,939
2,089
1,888
-
964
-		 Total
2023
£
1,809
2,680
4,489
Total
2022
£
1,730
3,027
4,757
Total
2023
£
1,261
767
4,019
6,047
Total
2022
£
1,287
2,184
6,409
9,880

19

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

7. Charitable activities

2023
Designated Funds
General
Patteson
Other
Fund
Lodge
ARC
Funds
£
£
£
£
County operating costs:
Adult leadership support
160
-
-
-
Uniform grants for leaders
Public Relations &
Recruitment
296
2,812
-
-
-
-
-
-
Meetings and training
events
639
-
-
-
Salaries of admin staff
5,342
-
-
-
Professional fees
761
-
-
-
Postage and telephone
390
-
-
-
Printing and stationery
198
-
-
-
Commissioners’, advisers’
and trainers’ travel
2,438
-
-
-
Maintenance and repairs
319
-
-
-
Insurance
795
-
-
-
Equipment Hire
-
-
-
-
Depreciation
224
-
-
-
Website & communications
524
-
-
-
IT – new financial system
3,500
-
-
-
Purchase of awards
2,953
-
-
-
Miscellaneous
768
-
-
-
22,119
-
-
-
Patteson Lodge operating
costs
-
54,579
-
-
ARC operating costs
-
-
21,777
-
County events
3,756
-
188
913
Support to programme
areas and Divisions:
Grants to Sub-Committees
and Divisions
37,685
-
-
50
Grants to members
300
-
-
-
Guide Aid
-
-
-
273
Hall Rent fund
-
-
-
933
-
-
-
-
37,985
-
-
1,256
Governance costs:
Independent examination
fees
3,396
-
-
-
Annual Review
-
-
-
-
Trustee meetings
771
-
-
-
4,167
-
-
-
Total charitable activities
68,027
54,579
21,965
2,169

Restricted
Other
ARC
Funds
£
£
-
-
-
-
-
-
-
419
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

-
419

-
-
-
-
2,009
-

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,009
419
Total
2023
£
160
296
2,812
1,058
5,342
761
390
198
2,438
319
795
-
224
524
3.500
2,953
768
22,538
54,579
21,777
6,866
37,735
300
273
933
-
39,241
3,396
-
771
4,167
149,168

20

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

7. Charitable activities (continued)

2022 Designated Funds
General
Patteson
Other
Fund
Lodge
ARC
Funds
£
£
£
£
County operating costs:
Adult leadership support
230
-
-
-
Uniform grants for leaders
345
-
-
-
Public relations &
Recruitment
Meetings and training
events
757
15
-
-
-
-
-
-
Salaries of admin staff
3,700
-
-
-
Professional fees
138
-
-
-
Postage and telephone
340
-
-
-
Printing and stationery
581
-
-
-
Commissioners’, advisers’
and trainers’ travel
865
-
-
-
Maintenance and repairs
490
-
-
-
Insurance
725
-
-
-
Equipment Hire
-
-
-
119
Depreciation
453
-
-
-
Website & communications
574
-
-
-
IT Support
-
-
-
-
Purchase of awards
1,756
-
-
-
Miscellaneous
934
-
-
-
11,903
-
-
119
Patteson Lodge operating
costs
-
61,489
-
-

ARC operating costs
-
-
19,331
149

County events
2,077
-
608
2,230

Support to programme
areas and Divisions:
Grants to Sub-Committees
and Divisions
16,942
-
-
-
Grants to members
-
-
-
150
Hall Rent fund
Guide Aid
-
-
-
-
-
-
325
150
16,942
-
-
625
Governance costs:
Independent examination
fees
3,204
-
-
-
Annual Review
-
-
-
-
Trustee meetings
499
-
-
-
3,703
-
-
-
Total charitable activities
34,625
61,489
19,939
3,123		 Restricted
Other
ARC
Funds
£
£
-
-
-
-
-
-
-
1,042
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,042
-
-
4,010
-
1,102
-
-
4,102
-
-
-
-
-
-
-
4,102
-
-
-
-
-
-
-
-
5,112
5,144

21

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

8. Staff costs and employee benefits

The cost of employing staff was:

Designated Funds *Restricted
General
Fund
£
Patteson
Lodge
£
ARC
£
ARC
£
2023
£*
Wages and salaries:
Salaries of admin staff
4,996
-
-
-
4,996
Patteson Lodge Salaries
-
16,794
-
-
16,794
ARC Salaries
-
-
565
-
565
Social security costs
-
517
-
-
517
Employer’s pension costs
-
158
-
-
158
4,996
17,469
565
-
23,030
Other staffing costs
346
-
-
-
346
Staffing support and
Partnership staffing agreement
-
5,342
6,039
23,508
-
565
-
-
6,039
29,415		 2022
£
3,700
23,421
492
734
1,500
29,847
-
-
29,847

No employee earned £60,000 p.a. or more.

During February – April 2023 staffing support was received from Girlguiding Anglia for Patteson Lodge whilst new staff were being recruited. In addition, Girlguiding Norfolk has signed a Partnership Staffing Agreement with Girlguiding Anglia for the employment of a General Maintenance Assistant at Patteson Lodge.

The average head count of employees during the year was 5 (2022: 6). The average number of full time equivalent employees during the year was:

full time equivalent employees during the year was:
2022 2021
Administration 1 1
Manager/Housekeeper/Administrator – Patteson Lodge 1 1
Cleaner – ARC 1 1
3 3

9. Trustees’ and key management personnel remuneration and expenses

There are no key management personnel employed by the charity.

None of the trustees have been paid any remuneration or received any other benefits from employment by the charity.

Travelling expenses and postage costs of £1,972 (2022- £521) were reimbursed to seven trustees (2022 – five) during the year. The reimbursement of trustees’ expenses was as follows:

Travelling expenses

Postage
Telephone		 2023
2022
£
£
1,823
397
132
124
17
-

1,972
521

22

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

10. Taxation

The charity has no liability to income tax or capital gains tax on its income and surpluses arising during the year.

11. Tangible fixed assets

Cost
At 1 January 2023
Additions
Disposals
At 31 December 2023
Deprecation
At 1 January 2023
Charge for year
Disposals
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022		 Equipment
£
Freehold
Property
£
Standard
£
Total
£
106,417
365,832
3,477
475,726
8,157
-
-
8,157
(1,722)
-
-
(1,722)
112,852
365,832
3,477
482,161
86,564
51,216
-
137,780
5,051
7,888
-
12,939
(1,722)
-
-
(1,722)
89,893
59,104
-
148,997
22,959
306,728
3,477
333,164
19,853
314,616
3,477
337,946
12.
Stock
Goods for resale
13.
Debtors
Other debtors
Prepayments		 2023
£
2022
£
8,610
6,857
2023
£
2022
£
9,742
4,440
5,096
4,356
14,838
8,796

23

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

14. Creditors: Amounts falling due within one year

Accruals
Other creditors
 2023
£
2,572
13,554
16,126		 2022
£
776
7,093
7,869

15. Funds

2023 Balance
1 Jan
2023
£
Restricted Funds
Sustainability Fund
-
Learning & Development
Fund
365
Recruitment grant 54
ARC Heritage Jigsaw Project 2,268
ARC – Arnold Clark grant
1,000
3,687
Designated Funds
Patteson Lodge
256,833
Financial Assistance Fund
34,330
Guide Aid/Hall Rent Fund
9,069
Elaine Clark-Taylor
240
Training Fund
PL Estate – Buildings Fund
20,000
Leslie Swindells Fund
2,620
International Fund
1,130
Anne Carter Fund - General
1,851
Anne Carter Fund – ARC
-
County Office Fund
5,000
GAW Training Fund
-
ARC Fund
147,669
PL Estate Fund – ARC
9,466
ARC - Contingency Fund900
489,108
General Fund
127,790
620,585
 Balance
31 Dec
Income
Expenditure
Transfers
2023
£
£
£
£
3,334
-
(3,334)
-
-
(365)
-
-
-
(54)
-
-
3,721
(2,454) (786)
2,749
-
-
-
1,000
7,055 (2,873) (4,120)
3,749
39,114
(54,283)
-
241,664
-
(50) (22,000)
12,280
-
(1,206)
-
7,863
-
-
-
240
-
-
15,000
35,000
-
(180)
-
2,440
-
(734)
-
396
-
-
(351)
1,500
-
(162)
351
189
-
-
-
5,000
819
-
-
819
7,855
(22,407)
4,633
137,750
-
-
(3,847)
5,619
-
- - 900
47,788
(79,022)
(6,214)
451,660
63,711
(73,320)
10,334
128,515
118,554
(155,215) -
583,924

24

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

15 . Funds (continued)

2022 Balance
1 Jan
2022

£
Restricted Funds
Sustainability Fund
3,956
Learning & Development
1,407
Fund
Recruitment Grant
-
ARC Heritage Jigsaw Project 1,631
ARC Heritage Lottery
Project
130
ARC – National Archives grant
-
ARC – Arnold Clark grant
-
7,124
Designated Funds
Patteson Lodge
262,366
Financial Assistance Fund
18,568
Guide Aid/Hall Rent Fund
9,544
Unit Assistance Fund
3,881
Elaine Clark-Taylor
240
Training Fund
PL Estate Fund - PL
20,000
Leslie Swindells Fund
5,000
International Fund
1,130
Anne Carter Fund
-
EVAC Hub refurbishment Fund
-
ARC Fund
157,789
PL Estate Fund – ARC
10,000
ARC - Contingency Fund900
489,418
General Fund
126,384

622,926
Income
Expenditure
Transfers
£
£
£
-
(3,956)
-
-
(1,042)
-
200
(146)
-
4,144 (2,066) (1,441)
-
(130)
-
4,330
(3,880)
(450)
1,000
-
-
9,674
(11,220) (1,891)
58,045
(63,578)
-
-
(119)
15,881
-
(475)
-
-
-
(3,881)
-
-
-
-
-
-
-
(2,380)
-
-
-
-
2,000
(149)
-
-
-
5,000
9,282
(21,827)
2,425
-
-
(534)
-
-
-
69,327
(88,528)
18,891
57,970
(39,564)
(17,000)
136,971
(139,312) -		 Balance
31 Dec
2022
£
-
365
54
2,268
-
-
1,000
3,687
256,833
34,330
9,069
-
240
20,000
2,620
1,130
1,851
5,000
147,669
9,466
900
489,108
127,790
620,585

25

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

15. Funds (continued)

Restricted Funds

The Sustainability Fund is a grant awarded by Girlguiding Anglia to enable counties to assist units where they are facing financial difficulty which will impact on their financial sustainability. During the year the balance was transferred from this fund to the General Fund and was used to provide financial support to divisions.

The Learning and Development Fund relates to grant awarded by Girlguiding Anglia to enable the county to increase its capacity to support learning and development opportunities. This fund has now been fully used.

The Recruitment grant was received from Girlguiding Anglia to assist with activities to recruit new members and volunteers, and has been fully used.

The Girlguiding Norfolk Heritage Jigsaw project is funding which is to be used for heritage purposes, including the heritage camps at Gressenhall and the purchase of stock for the ARC retail activities. During the year a transfer was made out of this fund representing sales of Time Traveller badges transferred to the ARC.

The Arnold Clark grant has been awarded by the Arnold Clark Community Fund to help finance an extension to the patio outside the ARC building.

Designated Funds

The Patteson Lodge Fund represents the Patteson Lodge property and retained funds to meet future operating costs.

The Financial Assistance Fund is used to provide assistance to units, districts, divisions or individual members as required. During the year £22,000 was transferred from this fund to the General Fund and was used to provide financial support to divisions.

The Patteson Lodge Estate Fund (PL) has been renamed the Patteson Lodge Estate Buildings Fund and will be used to provide financial support if necessary for the buildings on the Patteson Lodge estate. During the year £15,000 was transferred to this fund from the General Fund in recognition of the potential need to invest additional funds in the Patteson Lodge Estate buildings

The Guide Aid Funds exist in order to provide financial assistance to young members, or leaders, who wish to attend residential guiding events but are unable to fund the full cost themselves.

The Hall Rent Fund exists in order to assist units who are experiencing difficulties with paying rent for meeting places.

The Elaine Clark-Taylor Training Fund was established as the result of a legacy in memory of Elaine Clark-Taylor, to be used to assist members with the cost of training courses which benefit Guiding in the county.

The Leslie Swindells Fund was established as a result of a legacy left to the county by the late Leslie Swindells. It will be used to provide support for young members and volunteers and to encourage activities related to horticulture.

The Anne Carter Fund was established as a result of a legacy left to the county by the late Anne Carter. It is used for activities for the ranger age group and to support activities at the ARC and in 2023 was divided into two separate funds to recognise these two uses.

26

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

15. Funds (continued)

Designated Funds (continued)

The EVAC Hub Refurbishment Fund was re-designated the County Office Fund in 2023, to be used for any requirements relating to county office accommodation wherever it is needed in the county.

The International Fund was set up in 2021 and is used to support international activities.

The Going Away With (GAW) Training Fund was established as a result of donations received in memory of the late Janice Plunkett. It will be used to support trainings for leaders to enable them to provide more members with opportunities for a residential experience.

The ARC designated fund represents the Archive Resource Centre (ARC) property and retained funds to meet future operating costs. During the year transfers were made into this fund representing sales of Time Traveller badges as above, and funding from the PL Estate Fund (ARC) to cover the shortfall in running costs excluding depreciation.

The Patteson Lodge Estate Fund (ARC) was set up in 2021 to support the running costs of the ARC after the end of the Heritage Lottery funding. During the year a transfer was made from this fund to cover the shortfall on the ARC designated fund, as above.

The ARC Contingency Fund will be used to meet expenditure priorities at the ARC.

16. Analysis of net assets between funds

2023
Fixed assets
Stock
Debtors
Cash
Current
liabilities		 *
General
Fund
£
Patteson
Lodge
£**
3,582
193,188
4,737
2,551
8,061
5,399
122,330
44,678
(10,195)
(4,152)		 Designated
ARC
£
136,394
1,322
1,378
7,143

(1,779)		 Funds
Other
Funds
£*
-
-
-
65,538

-		 *** Restricted

*ARC
£
Other
Funds
£
Total
£
-
-
333,164
-
-
8,610
-
14,838
3,749
-
243,438
-
-
(16,126)
128,515
241,664		 144,458 65,538 3,749
-
583,924
2022
Fixed assets
Stock
Debtors
Cash
Current
liabilities		 *
General
Fund
£
Patteson
Lodge
£**
3,806
187,827
4,231
1,053
5,616
2,203
118,185
68,589
(4,048)
(2,839)		 Designated
ARC
£
146,313
1,573
977
9,855

(683)		 Funds
Other
Funds
£*
-
-
-
74,481

(241)		 *** Restricted

*ARC
£
Other
Funds
£
Total
£
-
-
337,946
-
-
6,857
-
-
8,796
3,268
477
274,855

-
(58)
(7,869)
127,790
256,833		 158,035 74,240 3,268
419
620,585

27

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

17. Related party and connected charity transactions

Eaton Vale Scout and Guide Activity Centre (EVAC) is a joint venture between the Norfolk Guide Association and the Norfolk Scout Association. During the year, no payments were made by the charity to EVAC (2022 £nil).

18. Reconciliation of net movements in funds to net cash flow from operating activities

*** Designated Funds
Restricted Funds
*General
Fund
£
Patteson
Lodge
£
ARC
£
Other
Funds
£
ARC
£
Other
Funds
£
2023
£

Net movement in
funds
Adjustments for:
725
(15,169)
(13,577)
(8,702)
481
(419)
(36,661)
Depreciation
charges
224
2,797
9,918
-
-
-
12,939
Income from
interest
(6,460)
(1,380)
-
-
-
-
(7,840)
Decrease/(increase)
in stocks
(506)
(1,499)
252
-
-
-
(1,753)
(Increase)/decrease
in debtors
(2,445)
(3,197)
(400)
-
-
-
(6,042)
(Decrease)/increase
in creditors
6,147
1,314
1,095
(241)
-
( 58)
8,257
Net cash used in
operating
activities
(2,315)
(17,134)
(2,712)
(8,943)
481
(477)
(31,100)
19.
Reconciliation of net debt
At 1
January
2023
£
Cash flows
£
Other
Charges
£
At 31
December
2023
£
Cash at bank and in hand
274,855
(31,417)
-
243,438
274,855
(31,417)
-
243,438
20.
Analysis of cash and cash equivalents
2023
2022
£
£
Cash in hand
243,438
274,855
Total cash and cash equivalents
243,438
274,855		 2022
£
(2,341)
13.606
(2,606)
(1,981)
7,001
(1,083)
12,596

28

NORFOLK GUIDE ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

ARC
ARC
Designated
Restricted
£
£
Income and Endowments from:
Donations and legacies
2,656
-
Charitable activities
2,783
2,675
Other trading activities
2,416
1,046
Other income
--
-
Total income and endowments
7,855
3,721
Expenditure on:
Raising funds
605
445
Charitable activities
21,965
2,009
Total expenditure
22,570
2,454
Net (expenditure)/income
(14,715)
1,267
Transfers between funds
1,138
(786)
Net movement in funds
(13,577)
481
Reconciliation of funds
Total funds brought forward
158,035
3,268
Total funds carried forward
144,458
3,749		 Total
2023
£
2,656
5,458
3,462
-
11,576
1,050
23,974
25,024
(13,448)
352
(13,096)
161,303
148,207

29

NORFOLK GUIDE ASSOCIATION

ARC BALANCE SHEET

FOR THE YEAR ENDED 31 DECEMBER 2023

Fixed assets
Tangible assets
Current assets
Stock
Debtors
Cash at bank
Total current assets
Liabilities
Creditors: Amounts falling
due within one year
Net current assets
Net assets		 £
ARC
Designated
£
136,394
1,322
1,378
7,143
9,843
(1,779)

8,064
144,458		 £
ARC
Restricted
£
-
-
-
3,749
3,749
-
3,749
3,749		 £
1,322
1,378
10,892
13,592
(1,779)		 Total
2023
£
136,394
11,813
148,207

30