## **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 :-**<br>Subscriptions & Gift Aid<br>Grants, Fundraising & Donations<br>Bursary Funding<br>Activities<br>Other<br>**Total**<br>**EXPENDITURE ON :-**<br>Capitation & Insurance<br>Operational Costs<br>Fundraising<br>Bursary & other Funds<br>Activities<br>Building Works<br>Equipment<br>Administration Expenses<br>**Total**<br>**NET RECEIPTS OVER EXPENDITURE**<br>**RECONCILIATION OF FUNDS**<br>**TOTAL FUNDS BROUGHT FORWARD**<br>**TOTAL FUNDS CARRIED FORWARD**<br>**BALANCE SHEET**<br>1st April 2023 to 31st March 2024<br>**CURRENT ASSETS**<br>CAF Bank Cheque Account<br>CAF Bank Reserve Account<br>Shawbrook 60 days Notice Account<br>H S B C Cheque Account<br>**NET CURRENT ASSETS**<br>**CURRENT LIABILITIES**<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**|**General Funds**<br>18755<br>20772<br>16658<br>2988<br>59173<br>19011<br>8415<br>11073<br>14857<br>10870<br>1807<br>66031|**Restricted**<br>**Funds**<br>672<br>0<br>672<br>1565<br>1565|**Total**<br>**Funds**<br>19427<br>20772<br>0<br>16658<br>2988<br>59845<br>19011<br>8415<br>11073<br>1565<br>14857<br>10870<br>0<br>1807<br>67596<br>-7751<br>60088<br>52337<br>5178<br>31019<br>10000<br>6140<br>52337<br>0<br>52337||**2022/23**|
|---|---|---|---|---|---|
||||||18457<br>22273<br>11048<br>2022|
||||||53800<br>10074<br>8133<br>8444<br>181<br>13092<br>8640<br>1417<br>1727|
||||||51707<br>2093|
||||||57994<br>60088|
||||||16901<br>30415<br>10000<br>2772<br>60088<br>0<br>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**<br>**COST**<br>1st April 2023 to 31st March 2024<br>Scout HQ, Farm Road<br>Boatbase, Binsey<br>**TOTAL COSTS**<br>**EQUIPMENT PURCHASES**<br>**COST**<br>1st April 2023 to 31st March 2024<br>Scout HQ Equipment<br>Boatbase Equipment<br>**DEPRECIATION**<br>1st April 2023 to 31st March 2024<br>**NET BOOK VALUE**<br>**SUBSCRIPTIONS**<br>**_Operating Costs_**<br>Insurances<br>Scout Hut Services<br>Boatbase Rent & Services<br>**_Running Costs_**<br>Activities<br>Badges<br>Administration Expenses<br>**_Annual Costs_**<br>**_Receipts_**<br>Subscriptions<br>Gift Aid<br>Less Capitation<br>**_Net Receipts Over Expenses_**<br>**_Scout Members as at 31st January_**<br>**_Net Surplus/Deficit per Member_**|**General Funds**<br>10870<br>0<br>0<br>0|**Restricted**<br>**Funds**||**Total**<br>**Funds**<br>10870<br>0<br>10870<br>0<br>0<br>0<br>0<br>**2023/24**<br>5250<br>3603<br>1535<br>10388<br>634<br>2052<br>927<br>3613<br>14001<br>16089<br>3338<br>13761<br>5666<br>-8335<br>118<br>-71||**2022/23**|
|---|---|---|---|---|---|---|
|||0<br>0<br>0<br>0||||8640<br>0|
|||||||8640|
|||||||318<br>1099<br>1417|
|||||||0|
|||||||**2022/23**|
|||||||4189<br>3130<br>1384|
|||||||8703<br>1193<br>1400<br>1131|
|||||||3725|
|||||||12427<br>15912<br>2545<br>5885|
|||||||12572|
|||||||145|
|||||||111<br>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 -----**<br>
509 [1780] [699]<br>19427<br>16658<br>3181<br>17591<br>Subscriptions & Gift Aid Grants, Fundraising & Donations<br>Fireworks & Marathon Camping & Activities<br>Uniform & Badges Explorers' Rent & Hall Hire<br>Miscellaneous<br>**----- End of picture text -----**<br>


## Expenditure 


**----- Start of picture text -----**<br>
880<br>0<br>514 -7751<br>967<br>19011<br>3962<br>12804<br>9430<br>Capitation & Insurances Fireworks & Marathon1565 1643 Fundraising<br>Bursary Funding Camping & Activities<br>Services<br>Rent (OxCC) & Licences Equipment & Maintenance<br>Training Equipment<br>**----- End of picture text -----**<br>


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**<br>**RECEIPTS**<br>**_Charitable Receipts & Fundraising_**<br>Subscriptions & Gift Aid<br>Grants, Fundraising & Donations<br>Fireworks & Marathon<br>**_Camping & General Activities_**<br>Camping & Activities<br>Uniform & Badges<br>**_Other Receipts_**<br>Explorers' Rent & Hall Hire<br>Miscellaneous<br>**TOTAL RECEIPTS**<br>**EXPENDITURE**<br>Capitation & Insurances<br>**_General - Activities, Camping & Fundraising_**<br>Fireworks & Marathon<br>Fundraising<br>Bursary Funding<br>Camping & Activities<br>Uniform & Badges<br>**_Building Works_**<br>Building Works<br>**_Equipment_**<br>Equipment Purchase<br>**_Scout HQ_**<br>Services<br>HQ Maintenance<br>**_Boat Base_**<br>Rent (OxCC) & Licences<br>Equipment & Maintenance<br>Services<br>**_Administration_**<br>Training<br>Equipment<br>Administration Expenses<br>**TOTAL EXPENDITURE**<br>**NET RECEIPTS OVER PAYMENTS**|**2023/24**<br>19427<br>3181<br>17591<br>16658<br>509<br>1780<br>699<br>59845<br>19011<br>9430<br>1643<br>1565<br>12804<br>2052<br>10870<br>0<br>3962<br>2918<br>967<br>514<br>54<br>880<br>0<br>927<br>67596<br>-7751|**2022/23**<br>18457<br>5579<br>16694<br>11048<br>196<br>1517<br>310|
|---|---|---|
|||53800<br>10074<br>8394<br>50<br>0<br>11691<br>1400<br>8640<br>1417<br>3787<br>2962<br>803<br>384<br>197<br>568<br>27<br>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 Statem￿1 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 Exam1r￿S 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 a￿nIs. TW consider that audit Is rKJt requlred
for thls year (U￿1& 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 G￿￿81 tXreclLTh g￿￿ by the Charity Cornmlssloners lurmler
S￿lI0n 1451Sllbl of the Charities Aci)- and
To stale wh8th8r par￿C￿r matters have io my atl8nllon.
Basls of Indopondont Examlnerfs rep(Yt
My examlnalon was carried out In accordance wllh the Generdl t￿recI10r$ given by ￿ Charhy Commissloners. An
6X8minalion indudes a fevlew of the accourrtlng r￿OrdS kept by ts GrouplDistrkt and a compadson of Ihg
accounts presented vlth those records. 11 also itxludes Co￿derStion of any unusu81 items w dlsdosures in th8
8¢counls. and soeknllg explanatic￿5 from yw as trLth any such matt8rs. Th8 pr￿edureS 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 rea5￿able 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 aC￿d 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 LOryv￿rIh t￿l¥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 ￿o￿t HUL Faim Road. Abingdon. Oxford5hire OX14 INB.
Registered charity in England and Wales INO. 300482
www.2ndaI￿ng￿onscou￿org.Uk