## **24[th] Ipswich Scout Group Treasurers report 2024 2025**
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.
The group remains in a financially strong position with funds held at the end of the year amounting to £82,514.42, an increase of £5,265.36, while this is welcome we need to be aware of future costs.
## **INCOME**
Our income from hall hires remains our major source of income although this has fallen considerably this year, this and other amounts for 2023/24 and 2024/25 are as below
||2024/25|2023/24|
|---|---|---|
|Hall Hires|£16,893.40|£24,121.56|
|Sapphire Bus|£3,800|£800|
|TMTM Trafic|£ 450|Nill|
|Baby Le|£ 494|Nill|
|Pulse Healthcare|£1,356|Nill|
|Operational C|£ 490|£ 350|
|Other incomes|||
|Quiz night|£1,279|Nill|
|Solar electricity|£994|£980|
Other notable incomes for 2024/25 are:-
BG School £1,085 but this hirer will not be returning. A Dog group continue to hire and we received £1,350 IKA Karate continue to be regular hirers and increased payments from £2,975 to £3,150
We also receive income from children’s parties and similar, these are generally small amounts around £40 - £50, although there have been a reasonable number of these.
We hold our funds in two accounts with Barclays Bank, our day-to-day account and an interest paying account, in general the aim is to hold around £2,500 in the main account with the balance earning interest, moving money between the accounts can be done at no cost and can be completed on the day requested. Over the last 12 months we have earned £881.29 interest.
## **Expenditure**
Several of our outgoings have increased this year, in particular the following
||2023/24|2024/25|
|---|---|---|
|HQ Maintenance|£1,548|£6,956|
|Electric|£1,686|£2,704|
|Waste bin collection|£ 261|£ 850|
|AMG Group|Nill|£1,906|
In the last year our HQ maintenance and repairs costs have risen considerably, extensive work has been done over the year and although this continues it should be expected that these will fall over the next 12 months although are likely to remain considerably higher than 2023/24.
AMG Group supply camping equipment and we purchased new tentage for the group.
Our waste bin was continually overflowing, in view of this we have increased collections from monthly to fortnightly, the payments also include the charge for the coming year.
## **Future Expenditure**
There is little doubt that our future expenses will continue at a higher rate, maintenance and safety of our HQ remains a hire priority and with the large building we have and the support we are able to give to our members this will remain a priority.
We have now taken service agreements with Shirly Shelly cleaners for regular cleaning of the building and also with Initial Services for cleaning and maintenance of our toilet and cleaning supplies, these costs will be reflected in the 2025/26 accounts where we have already paid in excess of £1,700 with further payments to follow.
While we have solar panels and a battery system in the building, utility bills are likely to continue to rise in the future.
## **Conclusion**
The group remains in a sound financial position but we should be aware that our major, and currently only, source of income is hire of the building, we have a wide range of hirers so while some may leave others often take their place, however, another lockdown such as the Covid period will have a serious impact on our finances. We should remember we received Government aid for the lockdown which may not be the case for the future.
**No 2 Account Amount**
## **24th Ipswich Scout Group No 1 Account**
## **Year 2024 to 2025**
## **INCOME**
|Hall Hire|£16,893.40|
|---|---|
|M'Ship refund|£0.00|
|Donations|£1.96|
|Grants|£0.00|
|Solar Electric|£994.15|
|Activities & Section Subs|£6,389.17|
|Sale of equip.|£0.00|
|Fund Raising|£0.00|
|Water & Sewage|£0.00|
|Equipment Badges & Books|£0.00|
|Uncleared out of Date Cheques|£0.00|
|Bank Interest|£175.00|
|Gift Aid|£587.86|
|Ins Claim|£0.00|
|HQ Maintenance|£0.00|
|T Shirts|£73.70|
|From High Interest|£3,000.00|
|DATE|Money Out|Money In|Interest|Ongoing balance|
|---|---|---|---|---|
|TOTALS|£3,000.00|£29,700.00|£881.29|£0.00|
|03/06/2024|£0.00|£0.00|£191.53|£52,461.53|
|02/09/2024|£0.00|£0.00|£196.19|£52,657.72|
|09/10/2024|£0.00|£11,500.00|£0.00|£64,157.72|
|02/12/2024|£0.00|£0.00|£222.45|£64,380.17|
|16/12/2024|£0.00|£9,000.00|£0.00|£73,380.17|
|13/01/2025|£0.00|£7,200.00|£0.00|£80,580.17|
|20/01/2025|£0.00|£2,000.00|£0.00|£82,580.17|
|03/03/2025|£0.00|£0.00|£271.12|£82,851.29|
|07/03/2025|£3,000.00|£0.00|£0.00|£79,851.29|
|00/01/1900|£0.00|£0.00|£0.00|£79,851.29|
|00/01/1900|£0.00|£0.00|£0.00|£79,851.29|
|00/01/1900|£0.00|£0.00|£0.00|£79,851.29|
|00/01/1900|£0.00|£0.00|£0.00|£79,851.29|
|0|£0.00|£0.00|£0.00|£79,851.29|
|**0**|**£0.00**|**£0.00**|**£0.00**|**£79,851.29**|
|**Total**
**Expenditure**
Hall maint & Repairs
Badges Books & Scarves
Activities Subs & Section Equipment
Electric
Water
Rates
Insurance
Telecoms
Fund Raising
Admin
Adverts & Website
Transfer to No 2 A/c
New Year Dance
Membership
Xmas fair
Waste Removal
T Shirts
HQ Cleaner
**Total**
**Income/Loss over expenses**
**Opening Bank balance**
Plus Profit/Loss
**Total**
Uncleared Income Cheques
Uncleared Stand Orders
Uncleared Banked cash
**Total**(included in above)
Uncleared outgoing cheques
Stand Orders
**Total**(included in above)
Bank Balance at 4 April 2024
Petty cash held
No 2 Account - High Interest
**Total**
Less Uncleared expenses
**Available Funds**
Outstanding Amounts to pay
Total
Net Available funds|**£28,115.24**
£6,956.78
£678.10
£4,878.72
£2,704.17
£646.68
£128.28
£1,508.06
£400.63
£0.00
£190.60
£0.00
£29,700.00
£200.00
£2,842.00
£0.00
£850.26
£152.00
£412.95
**£52,249.23**
-£24,133.99
£41,415.19
-£24,133.99
**£17,281.20**
£0.00
£349.69
£0.00
**£349.69**
£0.00
£0.00
**£0.00**
£2,087.09
£576.04
£0.00
£2,663.13
£0.00
£2,663.13
£2,842.00
£0.00
£2,663.13|
|---|---|
England & Wales
Unqualified report for a non-company chaiity preparing receipts and
payments accounts with a gross income of £250.000 or Less in the
relevant financial year
Independent examine¢s report to the trustees 0124" Ipswich Scout Group
I reportto the trust$ on my examination ofthe accounts ofthe 24" Ipswich Scotrt Group for the year
ended 4" April 2025.
Responsibilities and basis of report
As the charttytrnstees of the 24" Ipsvlich Scout Group you are respDnsFbLe for the preparation of the
accounts in accordance with the requirements of the Charitses Art 2011 (the Act'l.
I report in respect of my examination of the 24- IpswKh Scout Group accounts carried out under section
145 of the 2011 Act and in carrying out my examination I have followed ali the applicable Diiections
given by the Chartty Commission under section 14515llbl of the ACL
Independent examinerfs statement
I have completed my examin*ion. I confimi that no material matters have come to my attention in
connection wtth the examination giving me cause to beeVe that in any material speCti
accounting records were not kept in ressRrt of the 24" Ipswith Scout Group as required
by section 130 of the ACL. or
2. the accounts do not accord with those records.
I have no concems and have come across no other matters in cOnn10n wtth the examination to which
attention should be drawn in this report in ordei to enabLe a proper understanding of the accounts to be
reached.
Signed..
Name..
Relevant professional quatificatron or MerntshiP of professional bodies lrfanyl:
Address..
) L
Date..