Group Treasurer’s Report to Trustees
and
Financial Review to Year End 31[st] March 2024
Review of Year.
Building Works
We have completed the Kitchen and the whole of the roof of the building has been sealed against the birds and the weather.
Our next few projects will include the bridge parapet, creating a covered out-door space in place of the old garage and a continuous round of minor works. The Boat Base at Binsey is also in need of some maintenance.
We have sufficient funds in reserve to commence the work on these and other projects, and we can be confident of raising any shortfall to progress them to completion.
Fund Raising We have benefitted again this year from our major fund-raising events – Abingdon Marathon & Fireworks Display. Abingdon Marathon netted us £2389 and the Fireworks netted £6268 .
White Horse Community Lottery and easyfundraising continue to be our two small, but regular income streams for fund raising.
RN Scheme Grant Last year the RN Scheme created a training grant from funds previously allocated to RN Camps. We were unable to use all of the monies allocated to us, but we have been fortunate enough to carry it forward towards the cost of further CCBM training.
Financial Position
The Group continues to maintain a strong financial position.
Core Costs Our Gas and Electricity costs have now steadied. We have a new contract for Binsey and through virtue of it being completely on-line, the unit cost and standing charge have been reduced. Our Gas and Electricity contracts for the Scout Hut are due for renewal next April and we will try to get the same favourable terms. The Insurance premiums increased in part due to inflation and in part due to adjustments in our requirements.
Receipts Our main source of receipts is Membership Fees (the Subs) we get each term - £16089 - and Gift Aid - £3338 . We received two major donations through Benevity and CAF Bank – charity portals for Businesses to make donations on behalf of their workforce.
The RN Sea Scout Fund monies that were available last year have been carried forward and are being put towards the costs of 3 adults qualifying for Certificates of Community Boat Management.
The training undertaken last year has been of benefit to the scouts, we now being able to run sailing sessions, Narrow Boat camps, and independent travel to and from activities.
We have continued to receive payments for the use of the Hall, equipment, and the Boat Base at Binsey.
Unfortunately, we were not able to meet all of our obligations within our receipts detailed above. Our Insurance premiums increased by just over £1000. Our Capitation Fee due to the District Scout Council is usually paid in April but we were asked to pay in March, effectively two charges in one year.
Taking those factors into consideration, we are still in a strong position but will need to increase subs by a small amount in May and again in starting in October.
Expenditure Our major running expenses have been the Capitation Fees - £6327 & £7434 – and Insurances - £5250. Our major expenditure for Building Works has been the resealing of the roof - £9030 – and finishing the fitting out of the kitchen - £2290 .
David Herbertson Group Treasurer April 2024
2nd Abingdon Scout Group
Statement of Financial Activities
1st April 2023 to 31st March 2024
| RECEIPTS FROM :- Subscriptions & Gift Aid Grants, Fundraising & Donations Bursary Funding Activities Other Total EXPENDITURE ON :- Capitation & Insurance Operational Costs Fundraising Bursary & other Funds Activities Building Works Equipment Administration Expenses Total NET RECEIPTS OVER EXPENDITURE RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD BALANCE SHEET 1st April 2023 to 31st March 2024 CURRENT ASSETS CAF Bank Cheque Account CAF Bank Reserve Account Shawbrook 60 days Notice Account H S B C Cheque Account NET CURRENT ASSETS CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES |
General Funds 18755 20772 16658 2988 59173 19011 8415 11073 14857 10870 1807 66031 |
Restricted Funds 672 0 672 1565 1565 |
Total Funds 19427 20772 0 16658 2988 59845 19011 8415 11073 1565 14857 10870 0 1807 67596 -7751 60088 52337 5178 31019 10000 6140 52337 0 52337 |
2022/23 | |
|---|---|---|---|---|---|
| 18457 22273 11048 2022 |
|||||
| 53800 10074 8133 8444 181 13092 8640 1417 1727 |
|||||
| 51707 2093 |
|||||
| 57994 60088 |
|||||
| 16901 30415 10000 2772 60088 0 60088 |
NOTES ON THE FINANCIAL STATEMENTS
2nd Abingdon Scout Group, RN 28. The Scout Hut, Farm Road, Abingdon, Oxfordshire OX14 1NB. Registered charity in England and Wales (No. 300482) www.2ndabingdonscouts.org.uk
| BUILDING WORKS COST 1st April 2023 to 31st March 2024 Scout HQ, Farm Road Boatbase, Binsey TOTAL COSTS EQUIPMENT PURCHASES COST 1st April 2023 to 31st March 2024 Scout HQ Equipment Boatbase Equipment DEPRECIATION 1st April 2023 to 31st March 2024 NET BOOK VALUE SUBSCRIPTIONS Operating Costs Insurances Scout Hut Services Boatbase Rent & Services Running Costs Activities Badges Administration Expenses Annual Costs Receipts Subscriptions Gift Aid Less Capitation Net Receipts Over Expenses Scout Members as at 31st January Net Surplus/Deficit per Member |
General Funds 10870 0 0 0 |
Restricted Funds |
Total Funds 10870 0 10870 0 0 0 0 2023/24 5250 3603 1535 10388 634 2052 927 3613 14001 16089 3338 13761 5666 -8335 118 -71 |
2022/23 | ||
|---|---|---|---|---|---|---|
| 0 0 0 0 |
8640 0 |
|||||
| 8640 | ||||||
| 318 1099 1417 |
||||||
| 0 | ||||||
| 2022/23 | ||||||
| 4189 3130 1384 |
||||||
| 8703 1193 1400 1131 |
||||||
| 3725 | ||||||
| 12427 15912 2545 5885 |
||||||
| 12572 | ||||||
| 145 | ||||||
| 111 1 |
2nd Abingdon Scout Group, RN 28. The Scout Hut, Farm Road, Abingdon, Oxfordshire OX14 1NB. Registered charity in England and Wales (No. 300482) www.2ndabingdonscouts.org.uk
Receipts
----- Start of picture text -----
509 [1780] [699]
19427
16658
3181
17591
Subscriptions & Gift Aid Grants, Fundraising & Donations
Fireworks & Marathon Camping & Activities
Uniform & Badges Explorers' Rent & Hall Hire
Miscellaneous
----- End of picture text -----
Expenditure
----- Start of picture text -----
880
0
514 -7751
967
19011
3962
12804
9430
Capitation & Insurances Fireworks & Marathon1565 1643 Fundraising
Bursary Funding Camping & Activities
Services
Rent (OxCC) & Licences Equipment & Maintenance
Training Equipment
----- End of picture text -----
2nd Abingdon Scout Group, RN 28. The Scout Hut, Farm Road, Abingdon, Oxfordshire OX14 1NB. Registered charity in England and Wales (No. 300482) www.2ndabingdonscouts.org.uk
| ACCOUNTS -1st April 2023 to 31st March 2024 RECEIPTS Charitable Receipts & Fundraising Subscriptions & Gift Aid Grants, Fundraising & Donations Fireworks & Marathon Camping & General Activities Camping & Activities Uniform & Badges Other Receipts Explorers' Rent & Hall Hire Miscellaneous TOTAL RECEIPTS EXPENDITURE Capitation & Insurances General - Activities, Camping & Fundraising Fireworks & Marathon Fundraising Bursary Funding Camping & Activities Uniform & Badges Building Works Building Works Equipment Equipment Purchase Scout HQ Services HQ Maintenance Boat Base Rent (OxCC) & Licences Equipment & Maintenance Services Administration Training Equipment Administration Expenses TOTAL EXPENDITURE NET RECEIPTS OVER PAYMENTS |
2023/24 19427 3181 17591 16658 509 1780 699 59845 19011 9430 1643 1565 12804 2052 10870 0 3962 2918 967 514 54 880 0 927 67596 -7751 |
2022/23 18457 5579 16694 11048 196 1517 310 |
|---|---|---|
| 53800 10074 8394 50 0 11691 1400 8640 1417 3787 2962 803 384 197 568 27 1131 |
||
| 51526 | ||
| 2274 |
2nd Abingdon Scout Group, RN 28. The Scout Hut, Farm Road, Abingdon, Oxfordshire OX14 1NB. Registered charity in England and Wales (No. 300482) www.2ndabingdonscouts.org.uk
Independent Examinerfs Report to the TNstees of the d Abin don scoiJr GROUP I report on 1he accounts of the Group for the year eThJed 31st March 2024 whith comprise the Statem1 of Financlal A¢livities, th8 Ba5ance SheaL and relatgJ nol8S. ThSs report Is made soldy to the tnjstees In accordarKe 7Mth Section 145 of th8 Charltses Act 2011. My work has been ertaken so that I might stste to the charit*5 Irustees Ihose matters l am wulred to state to them In an Indopendenl Exam1rS report arKI for no Olher purpose. To the fullest extent permitted by law, I do not accept ¢x assume responsiblllty to anyone other Ihan the charity and th8 charity's trustees for my examin8Ion worf¢. Rospecllve respDnslblllti•s of Trustee8 and Examlngr The Group's trustees are responsib for the prq)araliM of fv anIs. TW consider that audit Is rKJt requlred for thls year (U1& Sèdion 144 of the Ch8rilles Act 2011 (the Chariti8s Act)) aThJ that an Independent examlnatknn Is needed. 11 Is my respon81blty to: Examlne the accounts (undw Sectlon 145 ofthe Chathles Act}: To follow the procedures laid dovm in the G81 tXreclLTh g by the Charity Cornmlssloners lurmler SlI0n 1451Sllbl of the Charities Aci)- and To stale wh8th8r parCr matters have io my atl8nllon. Basls of Indopondont Examlnerfs rep(Yt My examlnalon was carried out In accordance wllh the Generdl trecI10r$ given by Charhy Commissloners. An 6X8minalion indudes a fevlew of the accourrtlng rOrdS kept by ts GrouplDistrkt and a compadson of Ihg accounts presented vlth those records. 11 also itxludes CoderStion of any unusu81 items w dlsdosures in th8 8¢counls. and soeknllg explanatic5 from yw as trLth any such matt8rs. Th8 predureS undertaken do not provide all the evldence that would bo rw4Ulr In an audi( and consequendy no ¢xilnknn Is given as b whether accounts present a 'trLE and fwrf vlew and the report is limiled to Ihose m8tters set out in the statement balow. Indopendgnt Examlnerfs statemant In connecdon th my examlnalion. no matter has come b) my attention: 1. whlch glve8 me rea5able cause to belleve that in. any material respecl. the requlr8m8nts lo keep acoJJnliThJ records In accThJancewilh Sectit)n 130 of the Charflles Act:and to prepare acc(nIS aCd wilh th& a¢ixxJntlng rwxfds arKI (>Jnply with the accounllng requirements of Charib'es Act have rK>t been rt or 2. tow ea in my oplnlo should be drawn In order lo enatAe a proper understsndlng of the accounts to Name: raham Faulkn Qualrfication: FPC CeMAP Address:.7 LOryvrIh tl¥e. Sw1ndt, Wllts. SN25 2BG. Date.. 1510112025
Scouts 2nd Abingdon Group Treasurer's Report to Trustees and Financial Review to Year End 31 March 2024 st Review of Year. Bulldin9 Works have completed the Kitchen and the whole of the roof of the building has been sealed against the bird5 and the weather. Our next few projects will include the bridge parape¢ creating a covered out-door space in place of the old garage and a continuous round OF minor works. The Boat 8ase at Binsey is also in need of some maintenance. We have sufficient funds in reserve to commence the work on these and other projects. and we can be confident ol raising any shorttall to progress them to completion. Fund Raising We have benefitted again this year from our major fund-raising events- Abingdon Marathon & Fireworks Display. Abingdon Marathon netted us £2389 and the Fiveworks netted £6268. White Horse Community Lottery and easyfundrai5ing continue to be our tsjo small. but re9ular income streams for fund raising. RN Scheme Grant Last year the RN Scheme created a training grant from funds previously allocated to RN Camps. We were unable to use all ol the monies allocated to us, but we have been fortunate enough to carry it forward towards the cost of further CCBM training. Financial Position The Group continues to maintaiii a stron9 financial p051tion. Core Costs Our Gas and Electricity Costs have now steadied. We have a new contract for 8insey and through virtue of it being completely on-line, the unit cost and standing charge have been reduced. Our Gas and Electricity contracts for the Scout Hut are due lor renewal next April and we will try to get the same lavourable terms. The Ii)surance premiums increased in part due lo inflation and in part due to adjustments in our reqLiirements. Receipts Olir rnain source of receipts is Membership Fees (the Subs) we get each term - £16089 - and Gift Aid - £3338. We received two n)ajor donations through Benevity and CAF BBnk - charity portals for Businesse5 to Fnake donations on behalf ol their workforce. The RN Sea Scout FLind monies that were available last year have been carTied forward and are being put towards the costs 013 adults qU(Ilifying lor Certificates of Commur)iry Boat Managerne.nt. The training undertak&)ri last year has been OF benelil lo the scouts iiie riO%Y being able lo riin sailing £É iilJl)i. P.larr,J'.'s Boat C.4nipJ. and ii)depend2nt Ir.4... 1 to aiikd fron) Jitj'.Jities -,i'.r.gdon. i).rforJsh,'::,.)Al4 14, 'Trèr#d cbarit/ In Fn4Jland aid lJ'w3les 5..1) J'-iu43- www.2ndabingdonscouts.org.uk
Scouts 2nd Abingdon We have continued to receive payments for the use of the Hall, equipment and the Boat Base at Binsey. Unfortunately, we were not able to meet all of our obligations within our receipts detailed above. Our Insurance premiums increased by just over £1000. Our Capitation Fee due to the District Scout Council is usually paid in April but we were asked to pay in March. effectively two charges in one year. Taking those Factors into consideration, we are still in a strong position but will need to increase siibs by a small amount in May and agairh in starting in Octobei. Expenditure Our major running expenses have been the Capitation Fees- £6327 & £7434- and Insurances - £5250. Our major expenditure for Building Works has been the re-sealing of the roof - £9030 and finishing the fitting out of the kitchen £2290. David Herbertson Group Treasurer April 2024 2nd Abingdon Scout Group. RN 28. The ot HUL Faim Road. Abingdon. Oxford5hire OX14 INB. Registered charity in England and Wales INO. 300482 www.2ndaIngonscouorg.Uk