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2023-03-31-accounts

A•J Preparing young people with skills for lrfe 1st Osterley Scout Group - Annual Report & Accounts for the year ended 31" March 2023 Scouts

1ST OSTERLEY SCOUT GROUP Annual Re￿1 Siatements of A(￿nI to 31SI March 2023 Regisiered Chanty Number Group Registrat￿ No. with Tr Sc(xrt Association. 303743 1735 Prinopal Address: 61 Osterley Road. Isleworth. TWI 4PW Trustees: Ex-officio Chairperson Vice Chairperson Group Scout Lea¢ Settetary Cub Scout Leader- Enterpnse Cub Scout LeadeT- ErKleavo Beaver Scout Leader Scout Leader Cenlaur ExplLYer Scout Leader Asg"stant Cub Scout Leader- Enterprise Assistanl Cub Scout Leader- Enterpnse Assistant Scout Leadef Paul Dickson Tony Marriott Jare Boury Inez O'Hara Nicola Collis Andrew Lc>3an Julie Stewart Joshua Willin9ham Chiara Johnson Valerbe May stephen McGinty Antonia CAvens Eh¢ted Members Treasurer Committee Member Committee Member Committee Member Commrttee Member Committee Member Vacant Tra￿Y Kidd Tony Smith Pam Cole Chnsbne Powell Annette Tr'ckson Nominated Members Cornmfftee Member Cornmrttee Member Committee Member Kieron Gnffin ison Shephard Tony Ship Cowopted Member Sury O:Brien Accountsnts Numbers Ass(Miat¢s Maple House H￿h Street. Potters Bw. Herts EN6 5 BS

STRUCTURE GOVERNANCE AND MANAGEMENT The Group's goveming documwts are those of The Scwl Assoaation. They consist of a Royal Charter. which in lum gives authonty to the Bye Law5 of tt AssooalK)n and Polw. OrganiSat￿ and Rules of The Scout Associabon The Group is a Trust established under its rules which are cwimon to all Scouls. Trustees are appcx'nted in accoroance Polry, (￿ganiSa￿On and Rules of The S¢￿ut Assouation. The Group is managed by ￿ Group Execulive Committee. members ot wh a￿ Ihe 'Chanty Trustees, of the Scout Group, which is an eduCat￿nal chanty As Chanty Trustees they are responyble for complyiry wrth legislabon applicafjle to charit￿s. This includes Ihe registration. keepng proper ac(xyJnts a￿1 rnaknng retums to the Charity Commjssion as appropnate Tl Commrttee congsts of three iTrJepeTrJent representatives. Chair. Treasurer and Secretary together with the GfOUP Scout Le&Jer IndI￿dUal sethon leaders {rf opled to take an the reswnsibilty) and parents representabon ar)d meets every two months. Members ol the Execthive Committee complete 'Essenbal Informatson fof Execubve Comrnrttee, training ￿ffi1n ￿ first 5 monlhs of joining Ihe committee This Group Executive Ccwnmrttee exists to support the Group Sccrt Leader in meetsn9 Ihe resP(MSibilities of the appointrnents arKJ is ￿spOns￿le for. The rna1ntenar￿ ot Group property: The raising of funds and the admintstration of Group finance; The ]￿u[anCe of per50n5, propety and equipment.. Gr¢)up public occasyms. Assistsng in the recnJitffnl of leaders and other adult wjpcmt, pointing any sub cornmittees that may be required., Appoinling Group Aninistrators and Advisors. olher than those who a elecled Risk and Intemal C¢ntrol The Group Exeojtive Committee has idenlified the rnaiof risks to thich they belve the Group 15 exposed, these have been reviewed aTrJ systems have been established lo mitigate against ttr￿1 The main areas of concem that have been KIen1rf￿d are.. Damage to the buildiTh3, PfC¥)ety and equisynenl Tr Grwp W￿ld request the use of buikJirvJs. PfOtErty equiwient from newhbounTrJ organtsations such as the Church. Ccfflmunity Centre and otsr Scout Grwps. Similar reciprctal

arraThJements exist ￿lJi these organisats'ons. The Grwp has Sufficwrt txjildings and contents insurance in place to against pem)anent loss. Injury to leadets. helpers, supporters and members. The Group. through Ihe capitatM)n fees. contnbutes to the Scout ￿￿atIon'S national accthnt Ir￿uran policy. Risk Assessments are UTMJertaken before all atht*s. Re(lu￿1 inccffje fr¢xn fund raisin9 The GTWP ￿ prunanty reliant upon income from subscnptMWS and fundra￿ing. The grwp does hold a reseprfe to e￿SUre tr continuity of actjvities should there be a major reduthon in income. The Ccmnmittee could raise the value of subscriptsms lo Inc￿Se the In￿rne ￿ the group on an oryoing bass. erther temporanty or permanenty. Reductson or loss of leaders. Thc group is tolally ￿lIant upon volunteets to run arKI admintster the a￿.￿DeS of the group. If there was a feducbon in the number of leaders to an unacceptable levd in a pa￿CUlar Sect￿). or the group as a whole. then there wouhj have to be a contrathon. C￿s017daknon or dosure of a sethon. In the worst case s￿nariO the complete closure ot the Group. Reduction or loss of memljers. The Group provide5 athwbes for all young people aged 6 to 18. If there was a reducti{￿ in membership In a particular section or the gfoup as whole then Ihere would have to be a contraction, consolidation or dosure ol a section. In tr￿ V￿rst case scenaTh). wnplete dosure ol the Group. OBJECTIVES AND ACTIVITIES The Purpose of Scoubng Scoub'ng exists to actively engage and sUPWrt young peoFde in their personal development. empowering theffl to make a po%tive conlnbutson to society Tha Values of Scouling As Scouts we are guided by these val￿. Iniegrity - We act inlegrity. we arc honest. trushvorthy and loyal. Respect - We have self-respect and resFect for othe Care - We support others and take care of ts world In which * live. 8elEf - We explo￿ our faiths. beliets arml att'studes C(wieralion - We make a positi've drfference. we c&c¥)erate with others arnl make fnends The Scout Method Scoui"Ing takes when young people. In partrership adults, work together based <x) the ￿UeS of Scouting arKJ". - enjoy what fry are d￿r￿j and have fun - take part in aclivibes indoors and outdoors - leam by doiNJ

FINANCIAL REVIEW Investrnent Policy The Group does not have suffKient lunds to mvesl in longer lenn investments The Group has. Iherefore. adopied a nsk adverse strategy to the investrnenl of its lunds. I furwjs are hdd in cash using (￿lY mainslream banks or buikjiry sooets'es. Reserves Poll¢y The Group's policy on reseNes ts lo hold suffic￿1 resources to confr'nue Ihe arTfable acbvities of Ihe group slKyJbJ Incon￿ armj fundrai￿n9 acvthes fall short. The Group Execulive Commiltee consKlers thal the group should hold a sum equivalent to 12 months runnirKJ costs. £30.IXKI. (Fixed runnifKJ costs less ¢ampslactiv) The Group held reserves of appr0￿MatelY £102,622 at this year erNJ. however approxirnalely £32,260 srts in designated fuf#ls tr* redevelopment of the Scoul Centre DECLARATION Trustees dedare Ihal Ihey have approved V)e Twstees. rewt above

1ST OSTeRLeY 8CIXn GROUP REPORT & ACCOUNT$ For th• Y•v End•d 31 Iluch 2023 Charity * a trust esLi4kd ¥JrKler ￿ nJb5 •F all so￿1 Grws. So)ut AwclatKyi swthy ffi b•hdf of tr* cttyb

1ST OSTERLEf S¢￿T GROUP ACCOUNTANT¥ REPORT Repr￿10 the tru￿t$ ol 1st 0steW SC￿1 for the y¢¥ 31 Mr¢th 2023 M ••t (xrt on p•w 4 b S. R••ponslllii•# d th• ¢￿P •nd th• A¢¢ount•ni Chanty tru coMwJ•r th•1 Is r•quff•a th• y•¥ in WJTdanc• S.28 of the Ch•nDes Acl •￿j th•T ￿ iTrknntht e¥Wninatl￿ ¥ rEqyirEd giv￿ by th¢ Chwty C￿n￿l￿1 8••1$ ol Ihl¥ Chw'ty C¢mmi￿on. Ths KI￿a¢S • r•vthv of tre xcouniiry rwds kepi by the di¥ty arJ u)nsthrar£< d iy UnLu•l or ocJosJrts bn me suprwbry •xF4nabons from th• trvstM¥ Tlw w(K•Jur￿ undertakM th) not ￿0v￿#t all Ihe evé•r giv•n by tthi Axounts. We h¢r the •nnex¢d •¢o>Jnty. 4 vft8L¥J￿d. in lh• Nurrthr8 Assc¢s Lbj Surte H, Fhslies 230 H4h Str Pott•r* 8¥ ENB 58L 30pJwF23

1•1 O•l•rt•y se￿ Gr¢￿p For th• Y••r tr￿d 31 Il•r¢b 20 2023 2022 IMCOAIlI￿ RESI￿¥ReE8 18.110 18.110 17 580 -1.752 11.JS6 16.350 12.450 Rw 6,445 6445 1.259 129 18.925 10,076 18.92S 10.076 13.955 100 903 5&•13 011 Insur¥￿• 4447 4447 3.Oa6 310 2.160 2.111 M•tr¢•l & HQ 8uihJing3 ¥Vcffks 310 2.110 2.111 24 510 510 510 19.217 3.316 1.091 5.574 10.518 3,316 1,991 3.524 Go C•rdess & APP ¢¢#$ 3.524 EqiMFwr•nt Cwryyw¥J Eq￿F￿rnrrt Pur¢h••e 1.938 3.158 Profl on Min¢ Bus Diwx•l Suth txpensts 2.039 2.039 1.5 R•thlct•d 47￿) 34$72 8.r/J1 422.319 430.410 2.510 419 809 422.319 T*yal Cwrl•d Forw•na 30410 422,319

1ST OSTERLEY SCOUT GROUP 2023 Flx•d Asmts FrFehu￿ l•rKI •t CL 52 255.658 35.IXI) 21.731 255.6S8 35.0 21.731 3.904 6.167 322.512 Gara9es at Insunxl val Canoe sh•d at value Covered area at val N.B.V 2.643 318.988 Curn•nt As••l• 3SO 10 076 102.622 113048 Cagn * b•nk arKJ in ha¥ 1t)).557 100.907 Cr•dttorn- f•Ming du• wthw) year ACcn￿lS 1,100 1.625 111,423 99.807 LMDiIffj•S 430.410 .31 Gener Rtsiricd Fund• e1.8Y) 61.850