24[th] Ipswich Scout Group
Treasurers report 2022 2023
Once again our accounts have been prepared on the simple income and expenditure basis which is straightforward to understand.
We do need to report our accounts to the Charity Commission, this can be completed online, as our accounts are quite straightforward and our income and expenditure fall within their guidelines for straightforward submission.
The following report details the major income and expenditure for the year, it is worth summarising a few points. These should be read in conjunction with the balance sheet.
EXPENDITURE
Expenditure on the groups headquarters continues to be one of our major items, although this year it is considerably higher than last year at £14,846.81 compared to £6,084.62, while some of this is routine expenditure the following are the major costs,
New sign for front of HQ £520.67 Greenspace for solar battery installation £8,541.55 DPL Group & Protect & Detect £4,030.39 (this includes routine maintenance and replacement of CCTV equipment, routine inspection of electrical installation)
The payment to Greenspace is a “one-off” and will reduce our future electrical costs.
At this point is worth mentioning that our electrical supply is on a fixed rate tariff due to end in March 2024 at which time costs could increase.
Activities for the group have increased, these include the cost of setting up the indoor rifle range, outdoor activities for all sections as well as contributions to help with the cost of attending the world jamboree for one of our members, this last cost has been covered from money made through fund raising at our quiz nights.
Our membership fee to Scout HQ increased considerably, this is actually good news as it reflects the increase in membership.
Once again our business rates bill was reduced as part of Covid aid, this will be repeated for 2023/24 but is unlikely to continue after that.
INCOME
Once again our main income is from hall hires with an increase from £17,886.10 to £20,721.03, while some regular hirers have left we have several new ones and have also benefitted from individual hires.
Activities and section subs has increased, as mentioned this reflects our larger membership.
Our solar electric is slightly down, mainly due to payment dates by the supplier, also possibly the lack of sunshine.
A claim for Gift Aid based on subs paid by members has resulted in a payment of £960 from HM Revenue.
No Government grants were received this year, the historic ones were all Covid related.
Other Notes
Income from Hall hires remains our major source of income and with a variety of regular hirers there is no reason to suspect this will not continue.
Other sources of fund raising are not expected to be a major source of income in the future, while quiz nights have resumed, the issues over jumble sales and Christmas fair mean these are unlikely to resume or be a major source of income in the future.
We held a reserve fund to meet unexpected expenses, at the start of the year this was £10,008, a further £10,000 has been added, with interest it stands at £20,030.45.
Overall the group remains in a strong financial position despite the fact we spent more than our income, however the installation of our battery solar system and replacement of much of our CCTV are considered to be costs that will not be repeated at the same level in the future.
With the regular income from hall hires, the group remains in a strong financial position.
Keith Smith Group Treasurer
| 24th Ipswich Scout Group | |||||||
|---|---|---|---|---|---|---|---|
| Income And Expenditure 5 April 2022 to |
4 April 2023 | ||||||
| Year 2021 to 2022 |
|||||||
| INCOME | |||||||
| Hall Hire | £20,721.03 | £17,886.10 | |||||
| M'Shiprefund | £0.00 | £10.00 | |||||
| Donations | £25.00 | £25.00 | |||||
| Grants | £0.00 | £17,384.49 | |||||
| Solar Electric | £921.33 | £1,121.52 | |||||
| Activities & SectionSubs | £3,426.47 | £1,548.36 | |||||
| Sale ofequip. | £0.00 | £0.00 | |||||
| FundRaising | £1,378.89 | £644.75 | |||||
| Water | £0.00 | £0.00 | |||||
| Equipment Badges &Books | £273.45 | £0.00 | |||||
| Uncleared out of Date Cheques |
£0.00 | £0.00 | |||||
| Bank Interest | £0.00 | £0.00 | |||||
| Gift Aid | £960.00 | ||||||
| Ins Claim | £0.00 | ||||||
| Barn Dance | £0.00 | ||||||
| HQMaintenance | £72.00 | ||||||
| Anyincome2 | £0.00 | ||||||
| Anyincome 3 | £0.00 | ||||||
| Total | £27,778.17 | £38,620.22 | |||||
| Expenditure | |||||||
| Hall maint&Repairs | £14,846.81 | £6,084.62 | |||||
| BadgesBooks & Scarves | £1,170.51 | £478.18 | |||||
| Activities Subs & Section Equipment |
£5,146.95 | £776.47 | |||||
| Electric | £1,520.59 | £1,177.12 | |||||
| Water | £889.44 | £196.63 | |||||
| Rates | £297.99 | £201.35 | |||||
| Insurance | £2,112.26 | £1,946.98 | |||||
| Telecoms | £321.95 | £278.40 | |||||
| FundRaising | £281.00 | ||||||
| Admin | £24.84 | £171.65 | |||||
| Adverts &Website | £32.00 | £32.00 | |||||
| Transfer toNo2 A/c | £10,000.00 | £8,000.00 | |||||
| New Year Dance | £0.00 | ||||||
| Membership | £3,573.00 | £1,584.00 | |||||
| Xmasfair | £0.00 | ||||||
| WasteRemoval | £250.44 | £681.16 | |||||
| Covid Supplies | £0.00 | ||||||
| HQ Cleaner | £1,040.00 | £560.00 | |||||
| Total | £41,507.78 | £22,168.56 | |||||
| Income over expenses | -£13,729.61 | ||||||
| Opening Bank balance | £55,458.83 | ||||||
| Plus Proft | -£13,729.61 | ||||||
| Total | £41,729.22 |
| Uncleared Income Cheques | £202.00 | |||||
| Uncleared Stand Orders | £200.00 | |||||
| Uncleared Banked cash | £31.90 | |||||
| Total(included in above) | £433.90 | |||||
| Uncleared outgoingcheques | £0.00 | |||||
| Stand Orders | £0.00 | |||||
| Total(included in above) | £0.00 | |||||
| Bank Balance at 19Feb2020 | £41,415.08 | |||||
| Petty cash held | £362.85 | |||||
| Contingency account | £20,030.45 | |||||
| Total | £61,808.38 | |||||
| Less Uncleared expenses | £0.00 | |||||
| Available Funds | £61,808.38 | |||||
| OutstandingAmountsto pay | ||||||
| Total | £0.00 | |||||
| Net Availablefunds | £61,808.38 |
Year 2021 to 2022
24th Ipswich Scout Group
Income And Expenditure 5 April 2022 to 4 April 2023
| 24th Ipswich Scout Group Income And Expenditure 5 April 2022 to |
4 April 2023 | Year 2021 to 2022 |
|---|---|---|
| INCOME | ||
| Hall Hire | £20,721.03 | £17,886.10 |
| M'Ship refund | £0.00 | £10.00 |
| Donations | £25.00 | £25.00 |
| Grants | £0.00 | £17,384.49 |
| Solar Electric | £921.33 | £1,121.52 |
| Activities & Section Subs | £3,426.47 | £1,548.36 |
| Sale of equip. | £0.00 | £0.00 |
| Fund Raising | £1,097.89 | £644.75 |
| Water | £0.00 | £0.00 |
| Equipment Badges & Books | £273.45 | £0.00 |
| Uncleared out of Date Cheques | £0.00 | £0.00 |
| Bank Interest | £0.00 | £0.00 |
| Gift Aid | £960.00 | |
| Ins Claim | £0.00 | |
| Barn Dance | £281.00 | |
| HQ Maintenance | £72.00 | |
| Any income 2 | £0.00 | |
| Any income 3 | £0.00 | |
| Total | £27,778.17 | £38,620.22 |
| Expenditure | ||
| Hall maint & Repairs | £14,846.81 | £6,084.62 |
| Badges Books & Scarves | £1,170.51 | £478.18 |
| Activities Subs & Section Equipment | £5,146.95 | £776.47 |
| Electric | £1,520.59 | £1,177.12 |
| Water & Sewage | £889.44 | £196.63 |
| Rates | £297.99 | £201.35 |
| Insurance | £2,112.26 | £1,946.98 |
| Telecoms | £321.95 | £278.40 |
| Fund Raising | £281.00 | |
| Admin | £24.84 | £171.65 |
| Adverts & Website | £32.00 | £32.00 |
| Transfer to No 2 A/c | £10,000.00 | £8,000.00 |
| New Year Dance see F'raising | £0.00 | |
| Membership | £3,573.00 | £1,584.00 |
| Xmas fair | £0.00 | |
| Waste Removal | £250.44 | £681.16 |
| Covid Supplies | £0.00 | |
| HQ Cleaner | £1,040.00 | £560.00 |
| Total | £41,507.78 | £22,168.56 |
| Income over expenses | -£13,729.61 |
| Opening Bank balance Less Loss Total ncleared Income Cheques Uncleared Stand Orders Uncleared Banked cash ared outgoing cheques Stand Orders Bank Balance at 4 April 2023 Petty cash held Contingency account with interest Total Less Uncleared expenses Available Funds Outstanding Amounts to pay Total Net Available funds Total(included in above) Total(included in above) |
£55,458.83 -£13,729.61 £41,729.22 £202.00 £200.00 £31.90 £433.90 £0.00 £0.00 £0.00 £41,415.08 £362.85 £20,030.45 £61,808.38 £0.00 £61,808.38 £0.00 £61,808.38 |
|---|---|
Inde endent examinerfs re ort to the trustees of 24 1 swich Scout Grou I report to the trustees on my examination of the accounts of the 24 Ipswich Scout Group for the year ended 4 April 2023. Res onsibilrties and basis of re As the charity trustees of the 24 Ipswich Scout Group you are responsible for the preparation of the accounts in accordance with the requirements of the Chartties Att 2011 {'the AcY}. I report in respert of my examination of the 24 Ipswich Scout Group accounts carrled out under section 145 of the 2011 Att and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Inde endent examinerfs statement I have completed my examination. I confim that no material matters have come to my attention in connection wtth the examination giving me cause to believe that in any material respect: I have no concerns and have come across no other matters in connettion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to reaChed. Signed: Name: /. Address: J ¥ I IFJtrVICir Date J"0 s.