FIRST ROYAL ELTHAM (HOLY TRINITY) SCOUT GROUP
Registered Charity No.303660
TREASURER’S ANNUAL REPORT FOR 2022
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.
Overall Financial Position
The group, in 2022, posted a loss of £13,870.65 as opposed to a profit in 2021 of £9,257.03.
Income
The groups activities returned to normal in 2022 following the COVID-19 pandemic, with income from membership fees, hall and vehicle usage all returning to pre-pandemic levels. However, the group secured significant grants from local government during the pandemic. As scouting returned to normal activities, these grants were no longer available. As a result the group saw a significant reduction in income from £51,468.74 in 2021 to £25,694.85 in 2022.
Expenses
Subscriptions to District increased yet again in 2022 of £6,693.00. As a result the group had to make the decision to increase membership fees in year to all its members. A number of other costs were incurred through the purchase of group equipment for activities, the AGM in 2022 and other smaller items.
Overheads
2022 saw an overall reduction in overheads due to significant items of expenditure being incurred in 2021 for maintenance to both Avery Hill and Southend Crescent. The increase in subscriptions to district saw the group having to also increase subsidies to the sections to ensure they could continue to fund scouting activities. The group has not been immune from the high energy costs that we all saw in 2022, with all of the utility bills increasing, the biggest being gas charge which increase 180% from 2021.
Balance Sheet
The balance sheet remains in good health with deposits still being held in both the STIS Savings and Building Society accounts. The groups cash balance also remains healthy with an average daily cash balance of £28,648 throughout the year.
Special thanks to our Auditor, John Howard, for the auditing the accounts once again.
16[th] June 2023
David Knevett (Group Treasurer)
FIRST ROYAL ELTHAM (HOLY TRINITY) SCOUT GROUP
(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
GROUP, SETION AND SPECIAL ACCOUNTS FOR 2022
PART 1 - GROUP ACCOUNTS
| 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 Donations Other Income EXPENSES COVID Protection Purchases of Badges Sundry Expenses Group Activities Subscriptions to District Miscellaneous Expenses 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) |
2022 2021 £ £ 8,219.00 5,162.00 129.10 - 3,314.30 1,005.00 1,003.00 270.00 11,985.40 12,306.60 979.05 150.00 - - - 32,575.14 - - 20.00 - 45.00 - 25,694.85 51,468.74 - - 212.00 - - 415.76 - 1,093.66 6,693.00 5,070.00 2,162.14 - - - 9,067.14 6,579.42 16,627.71 44,889.32 - 44.58 537.26 664.22 2,677.62 947.80 749.66 523.30 3,176.34 2,546.81 960.75 1,401.37 1,919.90 1,290.99 4,902.05 4,579.06 1,084.48 1,101.89 1,434.20 7,614.00 - 108.00 1,293.84 4,712.96 2,429.28 2,429.28 4,923.48 4,923.48 81.00 96.00 25.00 945.88 202.00 219.50 4,101.50 1,279.17 - 204.00 30,498.36 35,632.29 (13,870.65) 9,257.03 PROFIT AND LOSS ACCOUNT |
|
| 51,468.74 - - 415.76 1,093.66 5,070.00 - - |
||
| 6,579.42 | ||
| 44,889.32 44.58 664.22 947.80 523.30 2,546.81 1,401.37 1,290.99 4,579.06 1,101.89 7,614.00 108.00 4,712.96 2,429.28 4,923.48 96.00 945.88 219.50 1,279.17 204.00 |
||
| 35,632.29 | ||
| 9,257.03 |
| FIXED ASSETS Fixtures and Fittings - Cost Fixtures and Fittings Accumulated Depreciation Motor Vehicles - Cost Motor Vehicles - Accumulated Depreciation CURRENT ASSETS Other 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 |
2022 £ 9,600.00 (8,182.96) 19,794.00 (16,101.45) 5,109.59 1,485.00 2,765.10 27,904.66 16,220.79 55,078.96 2,922.53 106,377.04 111,486.63 55.99 7,731.74 5,752.77 3,490.34 40.35 938.05 577.03 1,367.10 - 19,953.37 91,533.26 105,403.91 13,870.65 - 91,533.26 BALANCE SHEET FINANCED BY |
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 |
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 2022
| INCOME Bal B/Fwd Bank Cash in Hand Subsidy from Group Subscriptions Transfer from Bank Mrs A Belcher- BSL INCOME Bal B/Fwd Bank Cash Subsidy from Group Subscriptions Transfer from Bank Transfer from Bank Donation Deposit Return Pack Holidays Scarves Miss J R Smith - CSL INCOME Bal B/Fwd Bank Cash in Hand Subsidy From Group Subscriptions Canoe Deposits Gawler Scarf |
1,896.84 1,217.10 |
EXPENDITURE £ Membership Fees Transfet to Cash 3,113.94 1,475.00 1,993.50 150.00 Bal C/Fwd Bank Cash in Hand 6,732.44 EXPENDITURE £ Membership Fees Transfer to cash 5,800.79 Transfer to cash 1,780.00 Stationary 3,669.00 Pack Holidays 250.00 Activities 250.00 Badges/Scarves 50.00 Float 100.00 Crafts 1,650.00 218.00 Bal B/Fwd Bank Cash 13,767.79 EXPENDITURE £ Membership Fees Canoeing 4,297.64 Bowling 846.50 2,238.85 55.00 Bal B/Fwd 5.00 Bank Cash 7,442.99 GENESIS BEAVER COLONY EDDISON FOX CUB PACK SNOWDEN CUB PACK |
£ 1,725.00 150.00 3,490.34 1,367.10 |
|---|---|---|---|
| 5,362.74 438.05 |
|||
| 6,732.44 | |||
| £ 2,070.00 250.00 250.00 351.68 1,058.13 360.00 302.00 129.56 326.63 7,731.74 938.05 |
|||
| 3,720.61 577.03 |
|||
| 13,767.79 | |||
| £ 759.00 171.93 182.26 5,752.77 577.03 |
|||
| 7,442.99 |
Mrs Z Murphy - CSL
THOR SCOUT TROOP
| INCOME Bal B/Fwd Bank 1,120.11 Cash in Hand 44.38 Subscriptions Easy Fundraiser Summer Camp Tnets - Group Costs Go Karting |
1,120.11 44.38 |
£ 1,164.49 10,201.18 16.76 339.98 60.00 11,782.41 |
EXPENDITURE Membership Fees Subsidy from Group Ben Cox Activities Danson Park Watersports Go Karting Woggles and Badges Thor Summer Camp Thor Expenses Badges Derbyshire Trip Badges, Woggles, Scarves and Shirt Danson Canoeing Misc Activities Tent Poles Misc Other Bal C/Fwd Bank Cash |
£ 2,070.00 1,595.00 1,303.15 549.00 65.00 49.22 3,249.24 310.78 50.79 1,062.43 194.93 562.68 128.56 455.29 40.00 55.99 40.35 |
|---|---|---|---|---|
| 11,782.41 |
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 2022.
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: 16 June 2023