Independent examiner's report to the trustees of the 15th Chingford Scout Group I report on the accounts of the Group for the year ended 31.03.24 which are set out on page5 two and three attached to this report. This report is made solely to the Trustee5 in accordance with section 144 and 145 of the Charities Act 2011. Respective responsibilities of Trustees and Exarniner. As the charity Trustees you are responsible for the preparation of the accounts, you consider that the audit requirements of section 144{2) of the charities Act 2011 doe5 not apply and that an independent examination is needed. It is my responsibility to: Examine the financial statements under Sertion 145 of the 2011 Act Follow procedures laid down in the General Direction5 given under Sectlon 145 {5) (b) of the 2011 Act: and To state whether particular matters have come to my attention. Basls of examiner's report My examinatlon was carried out in accordance with the General Directions given bythe Charity Commlsslon. An examination includes a view of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes considerations of any unusual Stems or disclosures in the accounts and seeking explanations from you as trustees concernlng such matters. The procedures undertaken do not provide all the evidence that would be requlred in an audit, and consequently I do not express an audFt opinion on the view 8iven by the accounts. Independent examIne5 report. In connertion with the examination, no matter has come to my attention; Which glves me reasonable cause to believe that in any material respect the requirements.. To keep accounting records in accordance with Section 130 of the 2011 Act and To prepare accounts which accord with accounting conventions and To comply wlth the accounting requirements of the 2011 Act: Have not been met, or; 2 to which In my opinion, attention should be drawn in orderto enable a proper understanding of the accounts to be reached, or; which gives me rÈa50nable case to believe that in any material respett the accounting roles of the Group have not been met. Signature 20£¥ . Name Addre55 GLAci ZiLiILLOJ ftViNVi
Annual Accounts of the 15th Scout Group. Registered Charlty 303858 Trustees. Statement The 15th Chingford Scout Group is a charitable association under the umbrella of the Scout Association and operates within the guidance laid down by P.O.R. a copy of which is available from the Association's Headquarters at Gilwell Park. The Executive Committee meets regularly throughout the year and is responsible for:_ Promoting the well-belng of the Group Acting with the Group Scout Leader in all matters relating to flnance and property Presenting an annual report and Statement of accounts at the Annual General Meeting of the Group Notes to the Accounts for the ear ended 31 March 2024 Accountin8 Polides The accounts have been prepared in accordance with applicable accounting standards and the statement of recommended prattise "Accounting for Charitles" Issued by the Charlty Commissioners in Ottober 1995. The accounts cover the activities dlrettiy controlled by the 15th ChingFord Scout Group. Basls of a¢countln8 The accounts have been prepared on the same basis as last year. Incomin8 resources The accounts have been prepared on a receipts and payments basis. Flxed assets Tanglble flxed assets under the c05t model are stated at hlstorlcal cost less accumulated depreciation. Historical cost includes expenditure that 15 dlrectly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended. Depreciation is charged as cost of a55ets less their residue value over their estimated useful lives using the stralght line method. Depreciation is provided on the following basls: Equipment Vehicles Buildlng 20% 20% 15 year5 Pa8e 2
Isth Chingford Scout Group Registered Charlty No. 303858 Statement of Financial Activities 2023-2024 INCOME Fundraising Subs Interest Donationslgrants Hall Hire Group activltles Glft Aid Councll tax Igrantsl 2023-2024 5,128.59 13,245.05 687.79 1.157.74 3,120.00 9.520.67 £ 15.742.94 2022-2023 1,957.45 £ 11,632.00 124.46 1,042.74 12,573.00 TOTAL £ 48,602.78 £ 27,929.65 EXPENDrruRE H.Q. maintenance Capltatlon Insurance Tralning Donations Councll tax Ipald by grants) Electriclty Water Group activrtieslbadges Depreciatlon 1.357.73 4,606.00 1.479.45 838.80 1.207.40 3.852.06 4,095.Ixi 1.416.77 3.590.73 181.58 £ 14,428.20 1.131.13 547.25 239.22 £ 20,329.77 TOTAL £ 28,821.02 £ 30.480.07 Net surplus/ldeftcltl for year 19,781.76 2,550.42 BALANCE SHEET Net worth of Group 31103124 Net surpluslldeficitl for current year £ 75,526.95 £ 19.781.76 £ 78,077.37 2,550.42 Net worth of Grou 31 03 24 £ 95,308.71 £ 75,526.95 Represented bv".- Barclays Comm. Acc. 8artlays Prem. Savlngs Ac¢. H.Q. Idepreclated historlc costl Flxed assets Cash in hand £ 31,785.22 57,816.20 17,679.26 £ 57,128.41 1.00 5,683.47 22.82 118.18 £ 95,308.71 £ 75,5265 Signed on behaif of the Group Committee M. Codlln8 fjroup Scout Leader J. Connell Chair M. Mooney Treasurer Page 3
srATEMENT OF RESERVES POUCY. In the late 1970,5, it was necessary to consider rebuilding the Group Headquarters as it had become life expired, and lots of fund raising of all types ensued. As a result, the new Headquarters was opened in 1982 with a life expectancy of around 40 years, taking it to 2022. In 1982, the then committee decided to keep the slight surplus from the Building Fund as a Rebuilding / Heavy Maintenance Fund to help with future costs. This fund is now invested with Barclays Premium Savings Account and needing 2 slgnatures for withdrawal, is for future rebuilding or. at the Group Committee's discretion. for major works such as replacing floors or roofing. TRUSTEES ANNUAL REPORT FOR YEAR ENDING 31 MARCH 2024 The group has again had a successful year with membership numbers holding steady. Financially we have a surplus of £19,781.76 attained by: l. Parents, leaders and children have helped with fundraising. We raised £2,508 from hosting a quiz nlght at the Headquarters. We also raised £1,354 from ba8 packing at Christma5 and £1,127 from the sale of dressing up costumes. 2. Hire of the hall 3. Donations from the local community 4. Three years back Gift Aid money from HMRC thanks to Jo's hard work. Some money to be spent on subsidising trips and camps for children. Some money to be spent on minor repairs.