Treasurer’s Report – 2020
At an operational level the Group operated at a deficit of £5 – possibly more luck than judgement during the chaos of 2020. Reduced subs due to the reduction in activities, minimal activities though a lot of administration as people had paid for events which required a refund etc.
Overall the Group had a surplus in 2020 of £13,228 due to a Government premises COVID grant of £10,000, the catch up of Gift Aid reclaim of £9,696 and new HQ expenses of £6,462, with the aggregated cost of HQ expense now amounting to £7,805.
The old HQ value has been revised to £244,468 which is the net amount (after all costs) of the sale with the funds received in early January 2021.
Overall the Group remains in a healthy financial position – the closing bank balance stood at £46,267 and with the activity on the new HQ then for 2021 the accounts will be split between the daily operations and new HQ.
Many thanks to Annabelle Richards who has cast her eye over the accounts and independently verified their accuracy.
Phil Downey Treasurer
June 2021
Long Ashton (All Saints) Scout Group Income and Ex enditure Summar p y
| 2017 | 2018 | 2019 | 2020 | Comments | |||||
|---|---|---|---|---|---|---|---|---|---|
| In £'s | |||||||||
| Income | |||||||||
| Subscriptions | 9,118 11,989 13,806 |
7,732 | |||||||
| Activities | 1,234 | ||||||||
| Camp | 3,358 | ||||||||
| Donations / Gift Aid | 1,781 1,000 5,935 |
9,696 | 4 years Gift Aid reclaimed |
||||||
| Fund Raising | 225 (30) |
10 | |||||||
| Other | 10,000 | Government COVID Grant |
|||||||
| Total Income | 15,490 13,214 19,711 |
27,437 | |||||||
| Expenditur e |
|||||||||
| HQ Running Expenses |
(1,697) (205) |
(1,070) | |||||||
| School Hire | (3,500) (4,157) (3,940) |
||||||||
| New HQ | (200) (130) (1,343) |
(6,462) | |||||||
| National Subs | (3,900) (3,876) (4,004) |
(4,982) | |||||||
| Insurance | (917) (866) (933) |
(817) | |||||||
| Activities - expenses | (2,302) (1,419) (2,022) |
(359) | |||||||
| Camp - Expenses | (3,299) | ||||||||
| Badges etc. | (77) | ||||||||
| Equipment | (456) | ||||||||
| Admin | (80) (21) (65) |
(520) | |||||||
| Total Expense | (15,972) (10,46 9) (12,96 8) |
(14,20 9) |
|||||||
| Net Surplus / (Defcit) | (481) 2,745 6,743 |
13,228 |
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Statement of Assets
Santander £20,710
Lloyds £26,407
Total Bank £47,117
Owing to Schools (£850)
Total Available £46,267
Building – Providence £244,46
Lane 8
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Equipment Total £i.000 £291,73