**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: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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