2023-12-31-accounts - First Royal Eltham (Holy Trinity) Scout Group

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FIRST ROYAL ELTHAM (HOLY TRINrrY) SCOUT GROUP Registered Chaiity No.303660 TREASURER'S ANNUAL REPORT FOR 2023 Introduction Both the ScoutAssociats'on and Ihe Charity Commission require accounts to be keptat least on a minimal "receipts and payments" basis. The attached accounts meelthese criteria bul go further by induding more sophisticated featuS such as Prepayments. Depreuation and calculation ofprofil and loss. These additionalfealuresare required bythe exceptional size and cornplexity ofthe Group, which the Trustees believe call for it tr) be managed on a more business4ike basis than most Groups around the Country. Overal Flnanclal Pos611on The group. in 2023. p051ed a loss of£17.104.38 following a loss of£13.870.65 in 2022. Income The group has seen an increase in income generated from £25,694.85 in 2022 to £29.128.40 in 2023 with the majority oftriis from the use ofthe fvvo halls. Expenses Subscripb'ons to Dislricl increased again in 2023 by £882.50 (rom £6.693.00.in 2022 to £7,575.20) in 20231. This along with the significant increase in energy prices in 2023 meant thatthe Group had lo increase membership fees during the year to £50 pertemi. Anumberofother costs were incurred through the purchase ofgroup equipmentfor aclivibes, Ihe AGM in 2023 and olher smaller items. Overtieads 2023 saw an increase in overheads from £30.498.3610 £37.175.85. There were several reasons for Ihe increase. Gas Pri ir5creases in 2023 meantour costs increasefrom £2.677.62 to £7.978.15. Expenses forthe Minibus were higher in 2023 due lo new tyres being fitted and a higher price ofthe annual service. The Group paid for a numberof improvements and repaits lo be made al Avery Hill Including decorab'ng the hall, installing new fencing and gates. removal of an old tree and repairs to the boiler and heating syslema s well as Ihe usual Maintenan costs incurred. This has been slighly offset by the Minibus and Soft Play Area atAvery Hill fully depreciating in year rneaning dep&allon charges to the group ceased in Octand Aug SpectivelY. Balance Sheel The balance sheet remains in good health with deposits held with our Building Society of £55.078.96. Our inveslmenl wilh the Scouts Short Tenn Investrnenl Scheme came to an end in 2023 with the balance offvnd5, £16,220.79. retuming lo our bank account. The bank balance atthe end ofthe year was £34.382.48 wilh an average daily balan of£31.143.57 throughoutthe year. The Group saw the Minibus and Soft PlayArea at Avery Hill fully depreciate In year. Special thanks to ourAudilor. John Howard. for Ihe audits.ng the accounts once again. DavKI Knevett (Group Treasurer) 14° June 2024

FIRST ROYAL ELTHAM IHOIY TRINITY) SCOVT GROUP GROUP. SETION AND SPECIAL ACCOUNTS FOR 2022 PART I- GROUP ACCOUNTS PROFIT AND LOSS ACCOUP 2022 INCOME Membership Fees and Sub5CriPtions Interest & Investment Income Use ot Hall Use ol Vehicle Crafty Wizards Cray Valley Radio Gift Aid on Membership Fees Donations 7,968.50 432.41 5.334.(Kl 1,303.00 I3.730.20 3fh).29 8,219.Th) 129.10 3.314.30 I,CQ3.00 11,985.40 979.05 20.LK¢ 45.LK Other Iniome 29.128.40 25.694.8S EXPENSE5 Purchases of Badge5 Sundry Expenses Group Activities Subscriptton5 to Di5tr¥ct Miscellaneous Expenses Paymeni to Sections 212.1Kl 633.32 7.575.50 748.11 6,693.(K) 2.162.14 9.056.93 9.067.14 GROSS PROFrtllLOSSI 20.071.47 16.627.71 OVERHEADS Admin & Meeting Expenses Computer and Internet Charges Gas Water 521.18 7.978.15 393.91 2.710.49 2.(5.35 2.524.80 5,050.84 912 45 537.26 2.677.62 749.66 3.176.34 960.75 1.919.9) 4,902.05 1,084.48 1.434.20 Vehicle Expenses IFuel. Tax. Mon and Maintenance Hall Cleaning and Materials lfjsurance - Property Insurance- Vehicles Mainrenance - Buildin Mainienance - Equiprrbent Maintenance - FittiNgs Fixtures and FitlinES - Depreciation Motor Vehicles- Depreciation Bank Charges Gen@r31 Expense5 OSM Membership Fees Membership Fees and Subsidies 47.94 2.592 57 1.417.04 3,692 55 1,293 84 2.429.28 4.923.48 81.fM) 25.tvj 202.00 4.101.50 5.941.20 187.53 1.079.85 37,175A5 30.498.36 NET PROFrriiLOSS} 117.104.381 113.870.651 BALANCE SHEET

2023 2022 FIXED ASSET5 Fixtures and Fitting5- Cast Fixtures and Fittings Accumulated Depreciation Motor Vehitles- Cost Motor Vehicles Accumulated Depreciation 9.600.LM) I9.6.[m)I 19,794.(X) 119.794.(Xll 9.6W.LKI 18.182.961 19,794.00 116.101.451 5.109.59 CURRENT ASSETS orher Debtor5 Pr*payments Bank Account Investment5 STIS Inve5tTnenl- 8L¢ildinE S¢xietv Cash in Hand Thor Funds 1.485.00 2,765.10 27,904.66 16,220.79 55.078.96 2.922 53 2.783.18 34.382.48 55.Q78.96 3,222.53 156.71 95.623.86 106,377.04 TOTAL ASSETS 95.623.86 111.486.63 CURRENT LIABILITIES Thor Funds Eddison Fox Funds Snoivden Funds Gene51s Funds Thor Cash in Hand Eddi50n Fox Cash in Hand 5nowden Cash in Hand Genesis Cash in Hand Stjndry Creditors 55.99 7,731.74 5.752.77 3,490.34 40.35 938.05 6.A47.44 6.65J.17 4.263.84 40.35 938.05 577.03 1.667.10 207.(KJ 577.03 1,367.10 TOTAL LIABILITIES 21.191.98 19.953.37 TOTAL A55ETS LE55 LIABILITIES 74.428.88 91,533.26 FINANCED BY Retained Profii/lLossl ProfitllLossl Account 91.533.26 17.104.38 105.403.91 13.870.65 74.428.88 91.533.26 D R Xnevett- Group Treasurer ApprrFved by Group Trustees Appointed by the frustees to sign on their behalf Gu Roberts- Chairn)an PART 2 - SECtION ACCOUMtS FOR 2022

GENESIS BEAVER COLONY EXPENDIT INC RE Bal B/Fwd Barnk Cash in Hand Membership Fees 3,4.34 1,367.10 1.459.50 Tian5fet to Cash 3[.(KI 4,857.44 663.cj 1.870.LKJ 3.{Al subsidy from Group Subscriptions Transfer from Bank Bal CIFwd Bank Cash in Hand 4.263.84 1.667.10 7.690.44 7,690.44 Mis A Belcher- BSL EDDISON FOX CUB PACK EXPENDITURE INCOME 831 BIFwd Bank Cash Membership Fees 7,731.74 938.05 2,154.50 HMS Belfast Cr32y Golf Stationary Pack Holiday5 Actwities 8aJJgeslScarves Dep05rts 8,669.79 252.20 3.933.Ll) 97.LXI 41x1.) 1,380.C I.0.() 3.345.00 180.00 603.54 %0.13 360.C 450.85 266.34 Subsidy from Group Subscriptions Cash Subscriptions HMS Belfast HMS 8ellast Cash Pack Holidays B31 BIFwd Bank Cash 6.847.44 564.19 15,731.99 15.731.99 Miss J R Smith- CSL SNOWDEN UB PAC EXPENDifuRE INCOME Bal 8/Fwd Bank Cash in Hand Membership Fees 5.752.77 577.03 1.320.50 Ninja Warriors 8adge5 Bell 8oatrng Adventrue Golf Artivtte5 CLMlham Shaw Camp Ewnses 259.44 42.93 336 00 i(x).Ix) 121.49 490.CKI 164.49 6.329.80 164.65 2.457.60 1.114.00 Subsidy From Group Subscriptions Ninja TriplHM5 Belfast/Bell Boatinglsk Bal B/Fwd Bank Cash 5.752.77 577.03 10.066.05 9,164.65 Mrsz Murphy- CSL

THOR SCOUT TROOP EXPENDITURE INCOME 2.571.50 462.50 Bal BIFwd 8ank Cash in Hand Membefship Fee5 Subsidy IrDm Group 55.99 222.23 278.22 5.101.16 17.91 499_3Z 3.150.00 Bowlin8 Summer Camp Bell 8oatinB County Torch Light Competition Sky Diving 351.56 3.505.06 768.00 262.00 1,060.47 Subscriptions Easy Fundraiser Sky Diving Summer Camp Bal cIFwd Bank Cash 156.71 222.23 9,046.61 9.046.61 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 2023.

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: 08 July 2024