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2025-04-05-accounts

1[st] Wendover Scouts AGM – Group Treasurer Update

17[th] September 2025

Good evening, I would like to introduce the draft accounts, a copy of which is up on the screen now

These are in draft format, there is still some work to finalise these and once complete will be handed over to the auditor after this meeting.

The draft accounts includes comparisons to last year’s accounts, and I will provide a quick commentary on some of the main differences to last year’s accounts.

The accounts show an total income across the group of nearly £56,000, up from £51,000 from last year.

We very gratefully received £7,500 from the Lionel Abel Trust as a contribution to the new minibus which we have now purchased. We thank the trust for their continued support of the Scout Group.

Sectional income of nearly £17,000 represents parental contributions to the programme of activities and section camps.

The Exec took the decision to sell the older of the two minibuses, which raised £4,500 which contributed towards the new minibus purchased in February.

The annual rental income increased in 2023/24 by 8.3% to just over £8,500 in line with increases to consumer price increases.

We have increased the level of expenditure on Programme, activities and materials for 2024/25. C. £17.000 has been spent on camp costs which has largely been met by parental contributions. Additional section activities have cost £10,000, and the group has replaced many of its tents with brand new Khyam tents costing just over £3,000.

Utility costs have gone up, and we are currently in the middle of a surplus reclaim as we now take advantage of our solar panels.

Overall, with the purchase of our new minibus, and our growing programme of activities our cash position in 2024-25 has decreased to an adjusted of £40,145 compared to £70,900, with the

We have maintained our reserves of £15,775 which have not been touched during 2024/25, and are more than sufficient to cover 6 months’ worth of outgoings, as required by the Charity commission.

We are not planning on drawing upon these reserves to fund and I would expect this level of reserves to be available for the duration of 2025/26.

1st Wendover Scouts Accounts 2024-25

Receipts
Membership Subscriptions
less: Membership Subscriptions Paid On
Net Membership Subscriptions Retained
Donations
Gift Aid
Sectional Income
Asset Sales
Fundraising
Sub Total
Investment Income
Bank Interest
Property Rent Income
Sub Total
Total Gross Income
Asset and Investment Sales
Total Receipts
Payments
Programme, activities and materials
Scout Hut Utilities
Insurance
Hut Costs
Minibus Running Costs
Group Expenses
Jamboree
Total Gross Expenditure
Asset and Investment Purchase
Total Payments
Net receipts/(payments)
Cash Funds Carried forward
Cash Funds This Year End
Statement of Assets and Liabilities at the end of the year 2024-25
Cash Funds
Bank Current Account
S.O. Account
Bank Deposit Account
Section Accounts
Petty Cash
Total Cash Funds
£
21,661
8,540
-
7,866
4,337
17,400
4,500
64
175
8,590
33,240
2,204
2,896
15,593
2,934
1,753
-
58,620
27,588
2,163
15,631
15,775
7,303
-
2024
£
notes
13,121
34,166
8,765
56,053
56,053
86,208
30,155
-
70,936
40,781
40,871
-25
£
21,898
9,040
-
1,000
9,803
13,845
4,600
396
171
8,340
20,042
1,851
2,864
6,623
2,507
2,778
-
36,665
-
7,705
36,902
15,775
10,554
-
202
£
notes
12,858
(1)
(2)
(3)
(4)
29,644
(5)
8,512
51,014
-
51,014
(6)
(7)
36,665
14,349
56,587
70,936
70,935
3-24

Notes:

(1) Lionel Abel Trust grant for new minibus

(2) FY2023/24 gift aid represented two years worth as FY2022/23 was received late. FY2024/25 represent expected income (3) Breakdown - Camp Income £15k; Activity Income £1k; Other Income £1k

(4) Minibus sale

(5) Rental increase of 8.3%

(6) Breakdown - Camp Costs £17k; Activities £10k; New Equipment £3k

(7) New minibus purchase

Independent examlnerfs report to the t￿￿tee$ of 1st Wendor Scout Grnup l ￿port to the trustees on my eyamination of the aco)unts of the I Wendover Scout Group for the year ended 31" March 2025 Re5ponsiblllties and basls of repryt 115 the charity tnJstees of the 1st Wendover Scout Group you are responsible for the preparation of the accounts in accordance wtth the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the 1st Wendover Scout Group accounts carried out under section 145 of the 2011 Act and in carryin8 Out my examination I have followed all the applicable Dlrecttons 8tven by the Charity Commission under section 1451Sllb) of the Act. Independent examlnerfs statement I have completed my examination. I confimi that no material matter5 have come to ry attention In connection wlth the examinatFon which gives me cause to believe that in ary material respecL accountln8 records were rot kept in accordance with sectlon 130 of the Act,. or the accounts do not accord wtth the accountin8 records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drdwn in order to enable a proper understsnding of the accounts to be reached. Signed-. Name: Si Address". 14 The Penniry. Wendo*r. HP22 6JE Date- 20.05.26