OpenCharities

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2021-03-31-accounts

Detail Group Explorers Scouts Cubs Beavers Total
I3alances at 31/3/2020
Cash
13ank		 18696.88 1025.01 3635.63 2263.24 1413.78 27034.54
0.00
Deposit 27034.54
Group balances allocated 18696.88 1025.01 3635.63 2263.24 1413.78 27034.54
l~eceipts 1/4/2020 to 31/3/2021 25763.27 687.50 1273.75 2020.50 797.00 30542.02
l'ayments 1/4/2020 to 31/3/2021 -8926.21 -179.97 -611.61 -469.56 -276.60 10463.95
35533.94 1532.54 4297.77 3814.18 1934.18 47112.61
16837.06 507.53 662.14 1550.94 520.40 20078.07
I3alances at 31/3/2021
Cash
I3ank 35533.94 1532.54 4297.77 3814.18 1934.18 47112.61
Group balances allocated 35533.94 1532.54 4297.77 3814.18 1934.18 47112.61
Detail Group Explorers Scouts Cubs Beavers Total
RECEIPTS
Subs 2255.25 1117.50 2115.75 2437.50 1095.00 9021.00
Less Paid 0.00 -430.00 -989.00 -602.00 -473.00 -2494.00
Capitation refund
Donations/Grants		 51.00
20499.28		 0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00		 51.00
20499.28
!~ctivities 0.00 0.00
Camp-2020 0.00 0.00 140.00 0.00 0.00 140.00
Camp-2021 0.00 0.00 0.00 0.00 0.00 0.00
.Jamboree 251.43 0.00 0.00 0.00 0.00 251.43
Christmas outing 0.00 0.00 0.00 0.00 0.00 0.00
Activities 0.00 0.00 0.00 185.00 175.00 360.00
l:quipment 0.00 0.00 0.00 0.00 0.00 0.00
(
Fyndraisinq
l.3ingo- Tickets 0.00 0.00 0.00 0.00 0.00 0.00
Bingo - Refreshments 0.00 0.00 0.00 0.00 0.00 0.00
l~afl~e 0.00 0.00 0.00 0.00 0.00 0.00
I3ingo Equipment purchased 0.00 0.00 0.00 0.00 0.00 0.00
13ingo- Donations 0.00 0.00 0.00 0.00 0.00 0.00
I3ingo - Money Brought Forward 650.00 0.00 0.00 0.00 0.00 650.00
Give As You Live 36.31 36.31
I3agpack
t3ift Aid		 0.00
0.00		 0.00 0.00 0.00 0.00 0.00
0.00
I3oxing Day Dip 0.00 0.00 0.00 0.00 0.00 0.00
13ootFair 0.00 0.00 0.00 0.00 0.00 0.00
Uniform 0.00 0.00 7.00 0.00 0.00 7.00
:$undries 0.00 0.00 0.00 0.00 0.00 0.00
I-lireofHut 2020.00 2020.00
Total 25763.27 687.50 1273.75 2020.50 797.00 30542.02
Detail Group Explorers Scouts Cubs Beavers Total
I:iAYMENTS
Premises
lv1aintenance 5116.29 5116.29
Hut cleaning
Insurance		 1040.00
1119.75		 1040.00
1119.75
Water 182.33 182.33
l:lectricity
Rates		 862.60
0.00		 862.60
0.00
Telephone/Internet 87.80 87.80
!)therexpenses
I3adges
l:quipment
Uniform		 181.50
0.00
0.00		 27.37
-o.oo
0.00		 62.02
98.18
0.00		 78.50
18.45
0.00		 37.24
11.97
0.00		 386.63
128.60
0.00
13ootFairs - Expenses & Howletts
Sundries		 0.00
121.01		 0.00
129.82		 0.00
62.78		 0.00
107.00		 0.00
70.99		 0.00
491.60
Art and craft
Btationery/postage
Activity Equipment and Courses
Cleaning/Refreshments		 0.00
36.29
0.00
158.64		 0.00
0.00
0.00
0.00		 0.00
22.34
100.86
0.00		 0.00
0.00
0.00
0.00		 0.00
45.93
0.00
0.00		 0.00
104.56
100.86
158.64
,~ctjvjties
Christmas
Camp-2020
Camp-2021
Christmas meal
• .lamboree
Activities		 0.00
0.00
0.00
0.00
0.00
0.00		 5.00
0.00
0.00
0.00
0.00
17.78		 0.00
0.00
0.00
0.00
0.00
265.43		 0.00
230.00
0.00
0.00
0.00
35.61		 0.00
75.27
0.00
0.00
0.00
35.20		 5.00
305.27
0.00
0.00
0.00
354.02
j=yndraising
Lottery licence
Bingo and raffle prizes
I3ingo Night Prize Money
I3ingo Money Carried Forward & vouchers
I3ingo & raffle tickets, cards & equip.
I3ingo/AGM - Refreshments
13ingo Sundries
Donation		 20.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00		 0.00 0.00 0.00 0.00 20.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total 8926.21 179.97 611.61 469.56 276.60 10463.95

11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 11ts andpayments
fl,9celt>ts
 Ye;ir start date
Yea r enddate		 start date
Yea r enddate		 start date
Yea r enddate		 start date
Yea r enddate		 start date
Yea r enddate
Fortheyear
from		 1-Apr-20 To 31-Mar-21
2019/2020
Unrestrictedfunds
£
13,098
4,641
8,455
52
4
-
~~-~~
8,511
2,500
~~-~~
2,500
8,532
15,894
387
2,308
27,098
~~-~~
-
-
640
-
640
38,9491
-I
38,9491		 2020/2021
Unrestrictedfunds
£
~~--· ~~
C11i,natlons,legaclesandslmllarIncome
Mnrroa111hipsubscriptions
~~----~~
Less:M3mbershipsubscriptionspaid		 13,098 9,021
on (National/County/Area/District) 4,641 2,494
ME,:membershipsubscriptionsretained 8455 8,527
~~--·---~~
c:i:1;:,itationrefund
---·
CJc,nations
'--·
GiftAid
'--•
Othersimiarincome		 ,
52
51
4 308
- .
~~-~~ -
--·
C.van'I!;		 Subtotal 8,511
8,884
~~--~~
Maintenenacegrant		 2,500
-
~~--~~
Othergrants
~~-~~
20,193
~~--~~ Subtotal 2,500
-·
"'
20,193
~~_,;.~~
Fundrnlslng(gross)
.,_____
EveningFunctions
C
8,532 850
~~.__~~
.t,c:·il<tltlos
~~------~~
SL1ndries
Ciiherf1Jndraisingactivities
15,894
751
387 7
2,308 38
~~---~~
Subtotal		 27,098 1,445
InvestmentIncome
~~--~~
Elc1nkInterest
~~....~~
ElL1ildln,1 Society interest		 ~~-~~ -
- -
lheS;outAssociationShortTermInvestmentService
~~..... ~~
~~'~~		 - -
PropertyRentincome
~~,~~
~----
Cltlier Investmentincome
~~---· ~~		 640 2,020
-
.

Subtotal		 640 2,020
Total Gross Income
Ju1setandInvestmentsales,etc.
Total receipts
30,5421
-1
30,5421

I.111
Atsandpayments
Payn,o1nts		 I.111
Atsandpayments
Payn,o1nts		 I.111
Atsandpayments
Payn,o1nts		 I.111
Atsandpayments
Payn,o1nts		 I.111
Atsandpayments
Payn,o1nts		 I.111
Atsandpayments
Payn,o1nts		 I.111
Atsandpayments
Payn,o1nts		 Forthe year
from		 Forthe year
from		 't
Yearstartdate
1-Apr-20
2019/2020
Unrestrictedfunds
£
61
341
~~1551~~
~~1 090~~
4122
~~243~~
675
1.189
262
20 827
467
609
.
7,460
.
~~..~~
~~.~~
38,937
20
1,118
6478
.
r
~~...-. ~~
7,616
~~H~~
Yearenddate
31-Mar-21
2020/2021
Unrestrictedfunds
£
.
182
863
1..,_120
5,116
88
387
1428
105
305
.
492
.
359
.
_r,~~·-~~
~~,,;c,y-,.. ~~
.
10,444
20
.
.
.
,.
~,•,"';'~~"~~
20
46,5531
-..1 _
10...464
....
1
~~-1~~
~~-1~~
46,5531
10,4641
l
(7,604)
20,078
.
(7,604)
20,078		 't
Yearstartdate
1-Apr-20
2019/2020
Unrestrictedfunds
£
61
341
~~1551~~
~~1 090~~
4122
~~243~~
675
1.189
262
20 827
467
609
.
7,460
.
~~..~~
~~.~~
38,937
20
1,118
6478
.
r
~~...-. ~~
7,616
~~H~~
Yearenddate
31-Mar-21
2020/2021
Unrestrictedfunds
£
.
182
863
1..,_120
5,116
88
387
1428
105
305
.
492
.
359
.
_r,~~·-~~
~~,,;c,y-,.. ~~
.
10,444
20
.
.
.
,.
~,•,"';'~~"~~
20
46,5531
-..1 _
10...464
....
1
~~-1~~
~~-1~~
46,5531
10,4641
l
(7,604)
20,078
.
(7,604)
20,078		 't
Yearstartdate
1-Apr-20
2019/2020
Unrestrictedfunds
£
61
341
~~1551~~
~~1 090~~
4122
~~243~~
675
1.189
262
20 827
467
609
.
7,460
.
~~..~~
~~.~~
38,937
20
1,118
6478
.
r
~~...-. ~~
7,616
~~H~~
Yearenddate
31-Mar-21
2020/2021
Unrestrictedfunds
£
.
182
863
1..,_120
5,116
88
387
1428
105
305
.
492
.
359
.
_r,~~·-~~
~~,,;c,y-,.. ~~
.
10,444
20
.
.
.
,.
~,•,"';'~~"~~
20
46,5531
-..1 _
10...464
....
1
~~-1~~
~~-1~~
46,5531
10,4641
l
(7,604)
20,078
.
(7,604)
20,078		 't
Yearstartdate
1-Apr-20
2019/2020
Unrestrictedfunds
£
61
341
~~1551~~
~~1 090~~
4122
~~243~~
675
1.189
262
20 827
467
609
.
7,460
.
~~..~~
~~.~~
38,937
20
1,118
6478
.
r
~~...-. ~~
7,616
~~H~~
Yearenddate
31-Mar-21
2020/2021
Unrestrictedfunds
£
.
182
863
1..,_120
5,116
88
387
1428
105
305
.
492
.
359
.
_r,~~·-~~
~~,,;c,y-,.. ~~
.
10,444
20
.
.
.
,.
~,•,"';'~~"~~
20
46,5531
-..1 _
10...464
....
1
~~-1~~
~~-1~~
46,5531
10,4641
l
(7,604)
20,078
.
(7,604)
20,078
't
2019/2020
Unrestrictedfunds
£
61
341
~~1551~~
~~1 090~~
4122
~~243~~
675
1.189
262
20 827
467
609
.
7,460
.
~~..~~
~~.~~
38,937
20
1,118
6478
.
r
~~...-. ~~
7,616

46,5531
-
~~-1~~
46,5531
l
(7,604)
.
(7,604)
.----
C:harlt1ble Payments
.----
F~1:es
,---
\IV,ater £ndS8\Wrage
,---
El•:!<:trlclty and Gas
~~.---~~
ln,;urance
~~--·~~
Fte,pairs and Renewals
T;iephcne/1ntemet
~~,--~~
Bc1dges
'r;i1tertals, equipment and cleaning
61 .
341 182
863
~~1551~~
1..,120
~~1 090~~
4122
_
5,116
~~243~~
88

675
387
1.189 1428
Stationary/postage 262 105
C:C,ntrtbutlon to campcosts
~~--• ~~		 20 827 305
~~, ~~
Uniforms
~~-----~~		 467 .
~~..~~
Smdries
"		 609 492
t;:;i~jbL;s.deposit and hire . .
Oi;llnge / Activities
~~-~~		 7,460 359
~~...~~
Dc,natlon
~~--~~		 . .
Sub total 't
~~..~~		 ~~.~~
38,937		 _r,~~·-~~
~~,,;c,y-,.. ~~
.
10,444
'i=a;~ilslngexpenses
L~iter)'Licence 20 20
F~rffle, bingo and other prizes plus Fate expenses and Grand
Etti;go prize money, vouchers, tickets, equip, refreshments etc
so.;r-FE1rs• paymentstoHowletts&expenses
~~--·~~
Sub total
Draw		 Draw 1,118 .
6478 .
. .
~~"~~
r ~~...-. ~~
7,616		 ,.
~,•,"';'
20
Total Gross Expenditure
A!;setandinvestmentpurchases, etc.
Total payments
Netofreceipts/(payments)
C:,1shlundslastyearend
Cash funds thisyearend		 ..1 __
l (7,604 20,078
(7,604 20,078
· I••
31st March 2020
Unrestrictedfunds
£
27,035
-
-
-
-
!
27,035
-
-
-
-
.
-
-
-
~~-~~
-
-
~~-~~
400,000
-
28,300
-
·.-
.;f.,;;.
428,300
-
-
-
-
-
-		 31st March 2021
Unrestrictedfunds
£
--
C.,1sh
>--·		 funds
:urrent account

Bankc		 27,035 47113
Bankceposlt account - -
Building society account
--TneScout Association ShortTermInvestmentService
~~--·~~		 - -
- -

Casl\1Floats
~~---~~		 - -
I••
!		 27,035 47,113
Othermonetary assets
--·
T,ixclnim
>--
Debtsduefrom the County/Area/District/Group
..._
nsurance claim
~~--~~
- -
duefrom the County/Area/District/Group - -
nce claim - -
Sub total -
.		 _--i _
""
~-
~~r~~
nvaslment assets
'~'.vestmentproperty - detail
•::luoted Investments
Other Investments - detail
Sub total
- -
- -
- -
~~-~~ ;1:.--t
.		 -
~~--~~
Pfonmonetary assetsforcharity's own use
~~..._ ~~
B,1dgestock		 - -
~~..._ ~~
Shoptlock		 - -
~~..._ ~~
Ctherntock		 ~~-~~ -
~~... ~~
L,ndandbuildings
~~... ~~
~otor vehicles		 400,000 400,000
-
28,300		 -
~~~--~~
Sc:ou1h1gequipment, furniture etc
~~...-~~Cther
~~--~~~~·---~~
Sub total
~~--~~~~- -~~
L.i.i1bmties
. ~~~~~~_~~
.O.ccou11tsnot yetpaid
-EY.penoesIncurredbutnotInvoiced
-s:1bsctiptlonsnotyetpaid
..._
L,:,an- detail
-C1herllabllitles
~~--~~
Sub total		 28,300
- -
·.- .;f.,;;. 428,300 428,300
- -
- -
- -
'-._/ - -
- -
- -

filllllII11II
Section B
Structure, governance and management
Descriptionofthe charity's trusts
Type of governing document
(e.g.trust deed, constitution)
How the charityisconstituted
(e.g.trust,association,company)
Trustee selection methods
(e.g.appointedby,electedby)
The Group's/District's/Area's/County's (delete as appropriate)
governing documentsarethoseofthe The Scout Association.
They consist of a Royal Charter, whichintum gives authority to the
ByeLaws of the Association and The Policy, Organisation and
The Group/District/Area/County (delete as appropriate)isa trust
I"
•
I
e Policy,
Additional governance issues (optional information but encouraged as best practice)
You may choose to include
additional information, where
relevant, about:
F'olicies and procedures adopted for:
a) the induction and trainingoftrustees;
b) trustee' considerationofmajorrisksand
thesystems and procedures to manage
them
The Groupismanaged by the Group Executive Committee, the
members ofwhichare the 'Charity Trustees'ofthe Scout Group
whichisaneducational charity. As charity trustees they are
responsible for complyingwithlegislation applicable to charities.
This includes the registration, keeping proper accounts and
making returns to the Charity Commission as appropriate.
The Committee consistsof3 independent representatives, Chair,
Treasurer and Secretary together with the Group Scout Leaders,
individual section leaders and parent's representation and meets
every 2 months.
This Group Executive Committee exists to support the Group
Scout Leaderinmeeting the responsibilitiesofthe appointments
andisresponsible for:
The maintenanceofGroup property;
The raisingoffunds and the administrationofGroup finance;
The insuranceofpersons, property and equipment;
Group public occasions;
Assistinginthe recruitmentofleaders and other adult support;
Appointing any sub committees that may be required;
Appointing Group Administrators and Advisors other than those
who areplo,-torl		 filllllII11II
Section B
Structure, governance and management
Descriptionofthe charity's trusts
Type of governing document
(e.g.trust deed, constitution)
How the charityisconstituted
(e.g.trust,association,company)
Trustee selection methods
(e.g.appointedby,electedby)
The Group's/District's/Area's/County's (delete as appropriate)
governing documentsarethoseofthe The Scout Association.
They consist of a Royal Charter, whichintum gives authority to the
ByeLaws of the Association and The Policy, Organisation and
The Group/District/Area/County (delete as appropriate)isa trust
I"
•
I
e Policy,
Additional governance issues (optional information but encouraged as best practice)
You may choose to include
additional information, where
relevant, about:
F'olicies and procedures adopted for:
a) the induction and trainingoftrustees;
b) trustee' considerationofmajorrisksand
thesystems and procedures to manage
them
The Groupismanaged by the Group Executive Committee, the
members ofwhichare the 'Charity Trustees'ofthe Scout Group
whichisaneducational charity. As charity trustees they are
responsible for complyingwithlegislation applicable to charities.
This includes the registration, keeping proper accounts and
making returns to the Charity Commission as appropriate.
The Committee consistsof3 independent representatives, Chair,
Treasurer and Secretary together with the Group Scout Leaders,
individual section leaders and parent's representation and meets
every 2 months.
This Group Executive Committee exists to support the Group
Scout Leaderinmeeting the responsibilitiesofthe appointments
andisresponsible for:
The maintenanceofGroup property;
The raisingoffunds and the administrationofGroup finance;
The insuranceofpersons, property and equipment;
Group public occasions;
Assistinginthe recruitmentofleaders and other adult support;
Appointing any sub committees that may be required;
Appointing Group Administrators and Advisors other than those
who areplo,-torl		 filllllII11II
Section B
Structure, governance and management
Descriptionofthe charity's trusts
Type of governing document
(e.g.trust deed, constitution)
How the charityisconstituted
(e.g.trust,association,company)
Trustee selection methods
(e.g.appointedby,electedby)
The Group's/District's/Area's/County's (delete as appropriate)
governing documentsarethoseofthe The Scout Association.
They consist of a Royal Charter, whichintum gives authority to the
ByeLaws of the Association and The Policy, Organisation and
The Group/District/Area/County (delete as appropriate)isa trust
I"
•
I
e Policy,
Additional governance issues (optional information but encouraged as best practice)
You may choose to include
additional information, where
relevant, about:
F'olicies and procedures adopted for:
a) the induction and trainingoftrustees;
b) trustee' considerationofmajorrisksand
thesystems and procedures to manage
them
The Groupismanaged by the Group Executive Committee, the
members ofwhichare the 'Charity Trustees'ofthe Scout Group
whichisaneducational charity. As charity trustees they are
responsible for complyingwithlegislation applicable to charities.
This includes the registration, keeping proper accounts and
making returns to the Charity Commission as appropriate.
The Committee consistsof3 independent representatives, Chair,
Treasurer and Secretary together with the Group Scout Leaders,
individual section leaders and parent's representation and meets
every 2 months.
This Group Executive Committee exists to support the Group
Scout Leaderinmeeting the responsibilitiesofthe appointments
andisresponsible for:
The maintenanceofGroup property;
The raisingoffunds and the administrationofGroup finance;
The insuranceofpersons, property and equipment;
Group public occasions;
Assistinginthe recruitmentofleaders and other adult support;
Appointing any sub committees that may be required;
Appointing Group Administrators and Advisors other than those
who areplo,-torl		 filllllII11II
Section B
Structure, governance and management
Descriptionofthe charity's trusts
Type of governing document
(e.g.trust deed, constitution)
How the charityisconstituted
(e.g.trust,association,company)
Trustee selection methods
(e.g.appointedby,electedby)
The Group's/District's/Area's/County's (delete as appropriate)
governing documentsarethoseofthe The Scout Association.
They consist of a Royal Charter, whichintum gives authority to the
ByeLaws of the Association and The Policy, Organisation and
The Group/District/Area/County (delete as appropriate)isa trust
I"
•
I
e Policy,
Additional governance issues (optional information but encouraged as best practice)
You may choose to include
additional information, where
relevant, about:
F'olicies and procedures adopted for:
a) the induction and trainingoftrustees;
b) trustee' considerationofmajorrisksand
thesystems and procedures to manage
them
The Groupismanaged by the Group Executive Committee, the
members ofwhichare the 'Charity Trustees'ofthe Scout Group
whichisaneducational charity. As charity trustees they are
responsible for complyingwithlegislation applicable to charities.
This includes the registration, keeping proper accounts and
making returns to the Charity Commission as appropriate.
The Committee consistsof3 independent representatives, Chair,
Treasurer and Secretary together with the Group Scout Leaders,
individual section leaders and parent's representation and meets
every 2 months.
This Group Executive Committee exists to support the Group
Scout Leaderinmeeting the responsibilitiesofthe appointments
andisresponsible for:
The maintenanceofGroup property;
The raisingoffunds and the administrationofGroup finance;
The insuranceofpersons, property and equipment;
Group public occasions;
Assistinginthe recruitmentofleaders and other adult support;
Appointing any sub committees that may be required;
Appointing Group Administrators and Advisors other than those
who areplo,-torl		 filllllII11II
Section B
Structure, governance and management
Descriptionofthe charity's trusts
Type of governing document
(e.g.trust deed, constitution)
How the charityisconstituted
(e.g.trust,association,company)
Trustee selection methods
(e.g.appointedby,electedby)
The Group's/District's/Area's/County's (delete as appropriate)
governing documentsarethoseofthe The Scout Association.
They consist of a Royal Charter, whichintum gives authority to the
ByeLaws of the Association and The Policy, Organisation and
The Group/District/Area/County (delete as appropriate)isa trust
I"
•
I
e Policy,
Additional governance issues (optional information but encouraged as best practice)
You may choose to include
additional information, where
relevant, about:
F'olicies and procedures adopted for:
a) the induction and trainingoftrustees;
b) trustee' considerationofmajorrisksand
thesystems and procedures to manage
them
The Groupismanaged by the Group Executive Committee, the
members ofwhichare the 'Charity Trustees'ofthe Scout Group
whichisaneducational charity. As charity trustees they are
responsible for complyingwithlegislation applicable to charities.
This includes the registration, keeping proper accounts and
making returns to the Charity Commission as appropriate.
The Committee consistsof3 independent representatives, Chair,
Treasurer and Secretary together with the Group Scout Leaders,
individual section leaders and parent's representation and meets
every 2 months.
This Group Executive Committee exists to support the Group
Scout Leaderinmeeting the responsibilitiesofthe appointments
andisresponsible for:
The maintenanceofGroup property;
The raisingoffunds and the administrationofGroup finance;
The insuranceofpersons, property and equipment;
Group public occasions;
Assistinginthe recruitmentofleaders and other adult support;
Appointing any sub committees that may be required;
Appointing Group Administrators and Advisors other than those
who areplo,-torl
s appropriate)is
I		 a trust
e Policy,
The Groupismanaged by the Group Executive Committee, the
members ofwhichare the 'Charity Trustees'ofthe Scout Group
whichisaneducational charity. As charity trustees they are
responsible for complyingwithlegislation applicable to charities.
This includes the registration, keeping proper accounts and
making returns to the Charity Commission as appropriate.
The Committee consistsof3 independent representatives, Chair,
Treasurer and Secretary together with the Group Scout Leaders,
individual section leaders and parent's representation and meets
every 2 months.
This Group Executive Committee exists to support the Group
Scout Leaderinmeeting the responsibilitiesofthe appointments
andisresponsible for:
The maintenanceofGroup property;
The raisingoffunds and the administrationofGroup finance;
The insuranceofpersons, property and equipment;
Group public occasions;
Assistinginthe recruitmentofleaders and other adult support;
Appointing any sub committees that may be required;
Appointing Group Administrators and Advisors other than those
who areplo,-torl

Brief statementofthe charity's policy on
reserve,s Reserves Policy
The Group's policy on reservesisto hold sufficient resources to
continue the charitable activitiesofthe group should income and
fundraising activities fall short. The Group Executive Committee
considers that the group should hold a sum equivalent toX
months running costs, circa £X.
The Group held reservesofapproximately£Xagainst thisatyear
end. Thisisabove the level/below required
for operating
expenses. However this can be explained by ..........
Quantii'y and explainanydesignations
Detailsofanyfundsmateriallyindeficit
(circumstances plus steps to eliminate)
F=urther financial review details (optional information)
Youmay chooseto include additional
information, where relevant, about: Investment Policy {Specimen 1)
0the cllarity's principal sourcesoffunds(in The Group's Income and Expenditureisvery small andasa
consequence does not have sufficient funds to investinlonger-
term investments such as stocks and shares. The Grouphas
therefore adopted a low risk strategy to the investmentofits funds.
All funds are heldincash using only mainstream banksorbuilding
societiesorThe Scout Association's Short Term Investment
Service.
•howexpenditurehassupported the key The Group Executive regular1y monitors the levelsofbank
ot,jectivesofthecharity; balances and the interest rates received to ensure the group
obtains maximum value and income from its banking
arrangements. Occasionally this may involve using anaccountthat
requires a periodofnotice beforefundsmay be withdrawn, before
doing so the Group Executive considersthecash flow
requirements.
• investment policy and objectives
Investment Policy {Specimen 2)
The Group doesnothave sufficientfundsto investinlongerteml
investments. The Grouphasthereforeadopteda risk averse
strategy to the investmentofits funds. Allfundsare heldincash
using only mainstream banksorbuilding societies.