OpenCharities

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2024-03-31-accounts

SectionB and
Structure,
Risk andlnternal Control (Specimen1)
TheGroupTrusteeBoard has identifiedthe majorrisksto
hich they believe the Groupisexposed,thesehavebeen
reviewed and systems have been establishedtomitigate
against them.Themain areas of concernthathavebeen
identifiedare:
Damage tothebuilding,propertyand equipment.The
Group would requesttheuse of buildings,propertyand
equipmentfromneighbouring organisationssuch asthe
church, community centre and other Scout Groups.Similar
reciprocal arrangements exist with these organisations.The
Group has sufficient buildings andcontentsinsurancein
placetomitigate against permanentloss.
lnjury to leaders, helpers, supporters and members. The
Group through the capitation fees contributes to the Scout
Associationsnational accident insurancepolicy.Risk
Assessmentsare undertaken before all activities.
Reduced income fromfundraising.TheGroup isprimarily
reliant upon incomefromsubscriptions and fundraising. The
groupdoeshold a reserye to ensure the continuityof
activities should therebeamajor reduction in income. The
Board could raise the value of subscriptionstoincreasethe
income to the group on an ongoing basis, either temporarily
orpermanently.
Reduction or loss of leaders. The groupistotally reliant
upon volunteers to run and administer the activities ofthe
group.lf there was a reductioninthenumberofleadersto
anunacceptable levelinaparticularsection or thegroupas
awhole then there would havetobea contraction,
consolidation or closure ofasection.ln the worst case
scenario the complete closure oftheGroup.
Reduction or lossofmembers. TheGroupprovides
activities for all young people aged 4to18. lf there wasa
reduction in membershipinaparticular section or thegroup
as whole then therewouldhavetobea contraction,
consolidation or closure of a section. ln the worst case
scenario the complete closure oftheGroup.
Risk andlnternal Control(Specimen2)
Thegroup has in place systemsofinternal controls thatare
designedtoprovide reasonableassuranceagainst material
mismanagement or loss,theseinclude 2 signatories forall
payments andacomprehensive insurance policiesto
ensure that insurable risks are covered.
SectionC Objectivesandactivities
Purposeof Scouting
Summary of the objectsofthecharityset
out initsgoverningdocument
Scouting exists to actively engageand support young
peopleintheirpersonal development,
empowering themtomakeapositive contribution to society
heValuesof Scouting
Scouts we areguidedbythesevalues
lntegrity-Weactwithintegrity;we arehonest, trustworthy
andloyal.
Respect-Wehave self-respect andrespect forothers.
Care-Wesupport others andtakecare of theworldin
whichwelive.
Belief-Weexplore our faiths, beliefs andattitudes.
Co-operation-Wemake apositivedifference;weco-
operate with others and makefriends.
TheScoutMethod
Scouting takesplacewhenyoung people, in partnership
with adults, work together based on the
values of Scoutingand:
- enjoy what they are doing and havefun
-takepartinactivities indoors and outdoors
-learnbydoing
- share in spiritual reflection
-takeresponsibility and make choices
-undertake new and challenging activities
-make and livebytheirPromise.
Summary of the main activities in relation
to these objects
Weeklymeetings are held for eachsectionusuallyin the
Group's headquartersbutoften atthelocal recreation
ground or activity venues andotherlocalplacesofinterest.
Campshikes and visits are organisedatweekendsand
during holidayperiods

SectionE FinancialReview
Brief statement of thecharity'spolicyon
reserves ReservesPolicy
TheGroup's policyonreservesistoholdsufficie
resourcestocontinuethecharitable activitiesof thegrou
shouldincomeandfundraising activitiesfallshort.
Group Trustee Board considers thatthegroup shouldho
asumequivalentto12months runningcosts,ci
f10,000.
The Group heldreservesof approximatelyt44,000agai
thisatyearendThisisabovethelevelrequired
operating expenses. Howeverthis can beexplained
expectedrepairandrenewalofactvity equipment outstde
runningcostsinadditiontoreservingfundsforongoi
maintenance of the groupspremises.
Quantify and explain any designations
Details of any funds materiallyindeficit
(circumstances plus steps to eliminate)
Youmaychoosetoinclude additional
information,whererelevant,about: lnvestmentPolicy
. the charity's principal sources of fund
(including any fundraising);
TheGroup's lncome andExpenditureisvery small and asa
consequence does not have sufficientfundstoinvestin
longerterminvestments such asstocksand shares. The
Group has therefore adopteda low risk strategy to the
investmentofitsfunds. Allfundsareheldincashusing only
mainstream banks or building societies.
.how expenditure has supported the
objectives ofthecharity;
TheGroupTrusteeBoard regularlymonitorsthelevelsof
bank balances and the interestrates received to ensure the
group obtains maximum value and incomefromits banking
gements. Occasionallythismay involve usingan
untthat requiresaperiodofnoticebeforefundsmay
bewithdrawn, before doing so the GroupTrusteeBoard
nsiders the cashflowrequirements
.investment policy and objectives;

Forthe year
from
01April2023 01April2023 To 31March2024
2023124 2022t23
Unrestricted
funds
Membership
funds
€€
Activity
funds
Totalfunds
Totalfunds
Receipts
Donations, legacies andsimilar
income
Membership subscriptions 4,200 4,105 6,895
Actlvities 11,223 9,600 4,569
Donations 1,850
Other lncome 80
Subtotal
Grants
Subtotal
Fundraisingevents (gross)
-
Subtotal
Scouthut income
Hire of building 4,390 5,967
Other Scout hut income 1,921 2,434
Subtotal
lnvestment income
Bank interest 611 122
Subtotal
IofalGross lncome Wl,'
reryry:ll
tEffi[ffi:@
Asset and investment sales,etc.
Total receipts
Forthe year
from
01April2023 01April2023 01April2023 To 31March2024 31March2024
2023t24 2022t23
Unrestricted
funds
Membership
funds
€t
Activity
funds
Totalfunds
Total funds
Payments
Charitable Payments
Membership Capltation 4,105 5,207
Youth programme and activities 9,753 4,820 4,697
Jamboree Contribution 1,100
Equipment 750 2,255
Badges 474 1,091
lnsurance 2,002 1,8't2
Cleaning 1,953 2,407
Electricity 1,696 1,037
Water and Sewerage 260 328
Repairs and Maintenance 5,802 14,142
Sundry Expenses 30 8',1
Subtotal Wltl
;..'i(l)ri/Xtt
t,'.t"::.:..t:::..:.2 W
Fundraisingexpenses
Subtotal
TotalGrossExpenditure W IK,MffiEffiI
-
ffi
Asset and investment
Totalpayments lTm ll. r1 W,ffi!t:ry-,,,
Netofreceipts/(payments) G;--"------'--' t:t:-tl
Transfers betweenfunds
Cashfundslastyear end
Cashfunds this year end
44,402 ffi 56,642
Forthe year
from
01April2023 To 31March2024
31st March 31stMarch
2024 2023
Unrestricted Membership Activity Totalfunds Totalfunds
funds funds funds
s E 6
Cashfunds
Bank current accounts 200 200
Bank deposit account 43,828 4,780 44,202
Cash/Floats
Total cashfunds lA,l7,li
tlitlti,ftiwn!}h:t::=
ffi
balances with and ents ok ok ok ok ok
Other monetary assets
Tax claim
Debts due fromthe
County/Area/DistricUGroup
Subtotal
lnsurance claim
ffi :
lnvestment assets
Subtotal M
Nonmonetary assetsfor
Badge stock
Other stock
Land and buildings
Scouting equipment, furniture etc
Subtotal
Other
W :::-:::::r::r -
lfi#Kl Ii.4!11: i:r':::-..
Liabilities
Accountsnotyetpaid
Expenses incurred but not invoiced
Subscriptionsnotyetpaid
Other liabilities
Subtotal
otalnetassets W W'.:,,,
Board meeting that approv
ed the accounts) andsignedontheirbehalfby
nature PrintName
//-.-I/J*- Chair
KotrAa/vaK.rU4Ar7N,
Treasurer