FIRST ROYAL ELTHAM (HOLY TRINITY) SCOUT GROUP Registered Charity No.303660
TREASURER’S ANNUAL REPORT FOR 2021
Introduction
Both the Scout Association and the Charity Commission require accounts to be kept at least on a minimal “receipts and payments” basis. The attached accounts meet these criteria but go further by including more sophisticated features such as Prepayments, Depreciation and calculation of profit and loss. These additional features are required by the exceptional size and complexity of the Group, which the Trustees believe call for it to be managed on a more business-like basis than most Groups around the Country.
Income
The COVID-19 pandemic continuing in to 2021 saw a continuation of the government restrictions imposed on all with scouting activities being suspended for part of the year. The group managed to generate funds throughout 2021, mainly through income from Crafty Wizards, some return to usage of the halls but mainly through some Local Restrictions Support Grants made available to the Group through the Royal Borough of Greenwich.
Expenses
Subscriptions to District were increased again despite the continuing impact of COVID but the overall fees payable reduced to a reduction in the number of members. These are now charged direct to section funds.
Overheads
2021 saw a few additional overheads incurred at both Avery Hill and Southend Crescent. These included the clearance of rubbish and making good of the area of the space next to Southend Crescent Scouts Hall at a total cost of £7,580. Avery Hill also had some windows and doors replaced during the year at a cost of £3,580 and a joint purchase of defibrillators with Crafty Wizards at a cost of £875.
Balance Sheet
The balance sheet remains in good health with deposits still being held in both the STIS Savings and Building Society accounts with the deposit in the Building Society account being increased in year.
There has been a slight change to the way the accounts are presented with all section balances now being incorporated into the Balance Sheet so that they are no longer Off-Balance Sheet transactions
General
Although the year started off challenging for scouting due to the COVID-19 pandemic the group managed to return to a net profit of £9,257.03 for 2021. The Groups financial position remains secure going in to 2022.
Special thanks to our Auditor, John Howard, for the auditing the accounts in such a short space of time again!
David Knevett (Group Treasurer)
13[th] June 2022
(Registered as a Charity in accordance with the provisions of Section 3 of the Charities Act 1993) Registered Charity No. 303660 Scout Group No. 508
FIRST ROYAL ELTHAM (HOLY TRINITY) SCOUT GROUP
GROUP, SETION AND SPECIAL ACCOUNTS FOR 2021
PART 1 - GROUP ACCOUNTS
| INCOME Membership Fees and Subscriptions Interest & Investment Income Use of Hall Use of Vehicle Crafty Wizards Cray Valley Radio Gift Aid on Membership Fees Grants Received Sale of Assets EXPENSES COVID Protection Sundry Expenses Group Activities Subscriptions to District Payment to Sections GROSS PROFIT/(LOSS) OVERHEADS Admin & Meeting Expenses Computer and Internet Charges Gas Water Electricity Vehicle Expenses (Fuel, Tax, MOT) and Maintenance Hall Cleaning and Materials Insurance - Property Insurance - Vehicles Maintenance - Buildings Maintenance - Equipment Maintenance - Fittings Fixtures and Fittings - Depreciation Motor Vehicles - Depreciation Bank Charges General Expenses OSM Membership Fees Membership Fees and Subsidies Training Costs NET PROFIT/(LOSS) |
2021 2020 £ £ 5,162.00 4,592.00 - 460.05 1,005.00 755.00 270.00 150.00 12,306.60 6,734.40 150.00 275.00 - - 32,575.14 24,192.58 - 30.00 51,468.74 37,189.03 - 784.23 415.76 293.99 1,093.66 - 5,070.00 5,350.50 - 280.56 6,579.42 6,709.28 44,889.32 30,479.75 44.58 - 664.22 170.91 947.80 1,143.33 523.30 1,266.38 2,546.81 2,760.79 1,401.37 524.55 1,290.99 757.55 4,579.06 4,192.17 1,101.89 1,286.10 7,614.00 1,185.31 108.00 - 4,712.96 1,191.24 2,429.28 7,034.19 4,923.48 - 96.00 60.00 945.88 - 219.50 - 1,279.17 - 204.00 - 35,632.29 21,572.52 9,257.03 8,907.23 PROFIT AND LOSS ACCOUNT |
2021 2020 £ £ 5,162.00 4,592.00 - 460.05 1,005.00 755.00 270.00 150.00 12,306.60 6,734.40 150.00 275.00 - - 32,575.14 24,192.58 - 30.00 51,468.74 37,189.03 - 784.23 415.76 293.99 1,093.66 - 5,070.00 5,350.50 - 280.56 6,579.42 6,709.28 44,889.32 30,479.75 44.58 - 664.22 170.91 947.80 1,143.33 523.30 1,266.38 2,546.81 2,760.79 1,401.37 524.55 1,290.99 757.55 4,579.06 4,192.17 1,101.89 1,286.10 7,614.00 1,185.31 108.00 - 4,712.96 1,191.24 2,429.28 7,034.19 4,923.48 - 96.00 60.00 945.88 - 219.50 - 1,279.17 - 204.00 - 35,632.29 21,572.52 9,257.03 8,907.23 PROFIT AND LOSS ACCOUNT |
|---|---|---|
| 37,189.03 784.23 293.99 - 5,350.50 280.56 |
||
| 6,709.28 | ||
| 30,479.75 - 170.91 1,143.33 1,266.38 2,760.79 524.55 757.55 4,192.17 1,286.10 1,185.31 - 1,191.24 7,034.19 - 60.00 - - - - |
||
| 21,572.52 | ||
| 8,907.23 |
| FIXED ASSETS Fixtures and Fittings - Cost Fixtures and Fittings Accumulated Depreciation Motor Vehicles - Cost Motor Vehicles - Accumulated Depreciation CURRENT ASSETS Sundry Debtors Prepayments Bank Account Investments - STIS Investment - Building Society Cash in Hand TOTAL ASSETS CURRENT LIABILITIES Thor Funds Eddison Fox Funds Snowden Funds Genesis Funds Thor Cash in Hand Eddison Fox Cash in Hand Snowden Cash in Hand Genesis Cash in Hand Sundry Creditors TOTAL LIABILITIES TOTAL ASSETS LESS LIABILITIES Retained Profit/(Loss) Profit/(Loss) Account |
2021 £ 9,600.00 (5,753.68) 19,794.00 (11,177.97) 12,462.35 - 2,855.93 30,991.05 16,115.92 55,078.96 2,276.56 107,318.42 119,780.77 1,120.11 5,362.74 3,720.61 1,896.84 44.38 438.05 577.03 1,217.10 - 14,376.86 105,403.91 96,146.88 9,257.03 105,403.91 BALANCE SHEET FINANCED BY |
2020 £ 9,600.00 (3,324.40) 19,794.00 (6,254.49) |
|---|---|---|
| 19,815.11 2,748.18 2,705.55 11,115.41 16,115.92 55,078.96 - |
||
| 87,764.02 | ||
| 107,579.13 - - - - - - - - 11,432.25 |
||
| 11,432.25 | ||
| 96,146.88 | ||
| 87,239.65 8,907.23 |
||
| 96,146.88 |
Notes to the Accounts
1 - Section Balances and Cash in Hand now incorporated in to the accounts and no longer treated as Off-Balance Sheet. This has resulted in Fees to District and Membership Fees being recorded direct to these accounts and not in the Profit and Loss for 2021
D R Knevett - Group Treasurer
Approved by Group Trustees
- Appointed by the Trustees to sign on their behalf Guy Roberts (Chairman)
PART 2 - SECTION ACCOUNTS FOR 2021
| INCOME Bal B/Fwd Bank 1,053.34 Cash in Hand 827.72 Subsidy from Group Subscriptions Subscriptions Cash Sleepover Miss A Smith - BSL INCOME Bal B/Fwd Bank 4,394.74 Cash in Hand 662.83 Subsidy from Group Subscriptions Pack Holidays Scarves Miss J R Smith - CSL INCOME Bal B/Fwd Bank 3,453.08 Cash in Hand 914.69 AH Hall Hire - Cash Cultivator/Rotator/Cooker - Bank Subscriptions Sale of Scarves Donations Activity Fees Subscriptions |
1,053.34 827.72 |
EXPENDITURE £ Membership Fees Activities & Equipment Badges 1,881.06 Admin 41.00 Beaver Christmas Presents 1,712.50 1,007.00 96.00 Bal C/Fwd Bank Cash in Hand 4,737.56 EXPENDITURE £ Membership Fees Stationary Pack Holidays 5,057.57 Activities 223.00 Badges/Scarves 2,977.50 Post/Ink/Phone 600.00 Outings 72.00 Bal C/Fwd Bank Cash in Hand 8,930.07 EXPENDITURE £ Membership Fees Subsidy to Group Transfer AH Hall Hire to Group 4,367.77 Cultivator/Rotator/Cooker 60.00 Activity Costs 383.53 Purchase of Scarves 440.00 Boating 30.50 Climbing 19.50 Mis Other 32.00 556.00 Bal B/Fwd Bank Cash 5,889.30 GENESIS BEAVER COLONY EDDISON FOX CUB PACK SNOWDEN CUB PACK |
£ 910.00 422.96 100.00 20.66 170.00 1,896.84 1,217.10 |
|---|---|---|---|
| 4,394.74 662.83 |
|||
| 4,737.56 | |||
| £ 1,300.00 470.71 382.33 242.24 318.00 50.00 366.00 5,362.74 438.05 |
|||
| 3,453.08 914.69 |
|||
| 8,930.07 | |||
| £ 455.00 157.00 60.00 383.53 109.88 53.25 183.00 180.00 10.00 3,720.61 577.03 |
|||
| 5,889.30 |
Mr D Elliott - CSL
THOR SCOUT TROOP
| INCOME Bal B/Fwd Bank Cash in Hand Subscriptions Subsidy from Group |
1,457.23 44.38 |
£ 1,501.61 987.71 1,015.17 3,504.49 |
EXPENDITURE Membership Fees Bal C/Fwd Bank Cash in Hand |
£ 2,340.00 1,120.11 44.38 |
|---|---|---|---|---|
| 3,504.49 |
Mr D Clarke - SL
Independent Examiner's Report to the Trustees of First Royal Eltham (Holy Trinity) Scout Group Charity no. 303660
I report to the Trustees on my examination of the accounts of the above for the year ended 31 December 2021.
Responsibilities and basis of report
As Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
John Howard, FCA Thornwood Road Hither Green London SE13
Date: 24 June 2022