BATCHWORTH SEA SCOUTS TREASURER'S REPORT
YEAR ENDED 31 DECEMBER 2021
Unfortunately the lack of fundraising and programme of activities, due to the covid pandemic, is again reflected in the annual financial statements.
The income and expenditure statement shows a surplus of £24472. The grants of £19034 from the local authority plus the rental received from the car park of £10625 accounts for the positive result. Otherwise the year would have resulted in a deficit £5187.
An increase of 14% in membership subscriptions and an increase in fees paid to county and district of 14%, resulted in an increase of £1830 in net subscription income.
The expenditure on standard costs such as insurance and utility services are little affected and approximately as anticipated.
The increased cost in total activities of £5701 over last year mainly resulted from the additional expenditure on boat repairs, mini bus maintenance and group programme activities.
Due to parental cooperation in the charitable gift aid scheme we are able to recover £2820 from H M Revenue and Customs relating to the year ended 31 December 2021. The disappointment is that we could have recovered a further £3283 if all subscriptions had been covered by the gift aid tax declaration form. It is not too late to submit a claim for last year and I would plead with everyone to make a big effort to complete the declaration certificates wherever possible.
BALANCE SHEET
Fixed assets include the original cost of the freehold property (£35000) and the written down value of the minibuses (£11250), neither of which reflects the current market value.
Bank balances amounted to £158835, (last year £132305).
FINANCIAL REVIEW
The prudence of previous and current management ensures the liquidity of funds and a sound financial basis for the future.
With the continued support and enthusiasm of parents, leaders and scouts the financial outlook remains optimistic and well prepared to resume the enjoyable provision of activities and development of our headquarters.
Catherine Pearson
BATCHWORTH SEA SCOUTS GROUP (Charity n Receipts and Payments Account
Year start date
For the year 1st January from 2021
To
Receipts and payments
2021
Unrestricted funds
Restricted Endowment funds funds
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£ £ £
Receipts
Donations, legacies and similar
income
Membership subscriptions 24,365 - -
Less: Membership subscriptions paid on
(National/County/Area/District) enter figures with a minus sign - 9,372 - -
Net membership subscriptions retained 14,993 - -
Donations
125 - -
Legacies - - -
Gift Aid
6,948 - -
District subscriptions (Explorers) - - -
Sub total 22,066 - -
Grants
Local authority grant 19,034 - -
Grant from Scout Association
- - -
Sub total 19,034 - -
Fundraising (gross)
Jumble sales, commissions, fetes 593 - -
Social events
1,365 - -
Uniforms sold
1,863 - -
Insurance claim and refunds
2,919 - -
Scout, cub and beaver activities 8,186 - -
Sub total 14,926 - -
Investment income
Bank interest
14 - -
Building Society interest - - -
The Scout Association Short Term
Investment Service - - -
Rental of car park 2,656 - -
Other investment income
- - -
Sub total 2,670 - -
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Total Gross Income [ 58,696 ] - - Asset and investment sales, etc. - - - - - Total receipts [ 58,696 ]
BATCHWORTH SEA SCOUTS GROUP (Charity n Receipts and Payments Account
Year start date
For the year 1st January from 2021
To
Receipts and payments
2021
Unrestricted funds
£
Restricted Endowment funds funds
£
£
Payments
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Charitable Payments
Youth programme and activities - - -
Adult support and training 670 - -
Rates
225 - -
Water and Sewerage
338 - -
Electricity and Gas
404 - -
Insurance
8,416 - -
Maintenance, cleaning and first aid
1,423 - -
Materials and equipment
2,290 - -
Computing, stationery and printing
323 - -
Professional fees
- - -
Badges and uniform
772 - -
Other net costs
- - -
Membership fees
2,951 - -
Motor expenses
2,789 - -
- - -
Sub total
20,601 - -
Fundraising expenses
Jumble sales, commissions, fetes - - -
Social events
1,380 - -
Uniforms sold
1,225 - -
Scout , cub and beaver activities
8,960 - -
Sub total
11,565 - -
Total Gross Expenditure [ 32,166 ] - -
Asset and investment
purchases, etc.
- ## - -
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|||||
|---|---|---|---|
|Total payments|32,166|-|-|
|Net of receipts/(payments)|26,530|-|-|
|Transfers between funds|
|-|-|-|
|Cash funds last year end|
|115,874|16,392|39|
|Cash funds this year end|142,404|16,392|39|
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Statement of assets and liabilities at the end of the year
31st December 2021
Unrestricted Restricted Endowment funds funds funds
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£ £ £
Cash funds
Bank current account
9,228 - -
Bank deposit account 145,460 - -
National savings account 4,147 - -
The Scout Association Short Term
Investment Service - - -
Cash/Floats - - -
Total cash funds
158,835 - -
Other monetary assets
Tax claim
2,808 - -
Debts due from the
County/Area/District/Group - - -
Insurance claim - - -
Sub total
2,808 - -
Investment assets
Investment property - detail - - -
Quoted investments - - -
Other investments - detail
- - -
Sub total
- - -
Non monetary assets for
charity's own use
Badge and uniform stock - - -
Shop stock - - -
Other stock - - -
Land and buildings 35,000 - -
Motor vehicles
11,250 - -
Scouting equipment, furniture etc - - -
Debtors and prepaymants 11,555 - -
Sub total
57,805 - -
Liabilities
Accounts not yet paid - - -
Expenses incurred but not invoiced - - -
Subscriptions not yet paid - - -
Loan - detail - - -
Other liabilities 5,369 - -
Sub total
5,369 - -
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Contingent liabilities and future obligations None
The above receipts and payments account and statement of assets and liabilities we Xth X 200X (the date of the Executive Committee meeting that approved the accoun by
Signature Print N Richard Patterson Catherine Pearson
umber 302621)
t
Year end date
31st December 2021
2020
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Total funds Total funds
£ £
24,365 21,346
- 9,372 - 8,183
14,993 13,163
125 1,245
- 1,000
6,948 -
- 1,600
22,066 17,008
19,034 10,000
- -
19,034 10,000
593 607
1,365 302
1,863 998
2,919 -
8,186 4,165
14,926 6,072
14 154
- -
- -
2,656 13,281
- -
2,670 13,435
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58,696 46,515
- -
58,696 46,515
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umber 302621)
t
Year end date
31st December 2021
2020
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Total funds Total funds
£ £
- -
670 -
225 -
135
338
404 1,340
8,416 7,973
1,423 2,168
2,290 1,846
323 495
- 1,000
772 1,088
- -
2,951 1,827
2,789 165
- -
20,601 18,037
- -
1,380 622
1,225 911
8,960 7,312
11,565 8,845
32,166 26,882
- -
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32,166 26,882
26,530 19,633
- -
132,305 112,672
158,835 132,305
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2020
Total funds Total funds
£ £
9,228 9,068
145,460 119,090
4,147 4,147
- -
- -
158,835 132,305
2,808 6,936
- -
- -
2,808 6,936
- -
- -
- -
- -
- 600
- -
- -
35,000 35,000
11,250 15,000
- -
11,555 2,893
57,805 53,493
- 330
- 97
- -
- -
5,369 2,700
5,369 3,127
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ere approved by the Trustees on nts) and signed on their behalf
Name
Chair Treasurer
LT700[S- Scrutineerfs Reportto the Trustees lju 20191 Scrutineer's Re Batchworth Sea ort to the Trustees of the couts Group Scout Council I report on the accounts of the Group for the year ended 31st December 2021. As the Group's tnjstees you are responsible for the preparation of the accounts; you consider that neither the audit nor independent examination requirements of the Charities Act 2011 apply. It is my responsibility without carrying out an audit or independent examination to 5crutinise the accounts and to report to you. In accordance with the dirertions given in the Group's constitution. I have scrutinised the records and the accounts set out on pages one to three. In my opinion the accounts a in accordance with the records produced to me and comply with the constitution. Name.. .Robert Tooley F.C.A............... Address:.....38 Farm Way Northwo d Middlesex................. ..HA6 3EF.......................................................... Date: ..-.....-.26 September 2022.......................................................