## **1[st] Nailsea Scouts**
Trustees’ Report and Financial Statements for the year ended 31 December 2020
Charity Registration Number: 305628
## **Contents**
Reference and administrative information ....................................................................................................................... 1 Report of the Trustees for the year ended 31 December 2020 ......................................................................................... 2 Independent examiner’s report to the Trustees of 1[st] Nailsea Scouts............................................................................... 7 Statement of financial activities ....................................................................................................................................... 8 Balance sheet ................................................................................................................................................................... 9 Notes ................................................................................................................................................................................ 10
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Reference and administrative information**
|**Trustees**|Mrs B Wyatt|Group Scout Leader|
|---|---|---|
||Mrs N Jelliss|Group Scout Leader|
||Mr H Merryweather|Scout Leader|
||Miss A Bolton|Scout Leader|
||Mrs E Bolton|Cub Scout Leader|
||Mr I Bourne (_resigned 11 May 2021_)|Chair|
||Mr A Woodman|Treasurer|
||Mr A Winstone|Assistant Treasurer_(to 11 May 2021)_|
|||Chair_(from 11 May 2021)_|
||Mrs H Walsh|Secretary|
||Mrs E Merryweather|Executive Member|
|**Honorary appointments**|Mr R Howes|President|
||Mr J Hobbs|Vice President|
||Mr B Billinger|Vice President|
||Mr S Harris|Vice President|
||Mr G Hoare|Vice President|
||Mr C Elliott|Vice President|
||Mrs L Hamey|Vice President|
|**Custodian Trustee**|The Scout Association Trust Company holds the deeds of the Group’s property.||
|**Charity name**|1stNailsea Scouts||
|**Charity registration**|305628||
|**number**|||
|**Scout Association**|The group is registered with The Scout Association and its registered number is 9243.||
|**registration number**|||
|**Principal address**|The Activity and Training Centre||
||Clevedon Road||
||Nailsea||
||BS48 1EH||
|**Bankers**|The Group’s principal bankers are:||
||Lloyds Bank||
||Crown Glass Place||
||Nailsea||
||BS48 1RD||
|**Insurance brokers**|Unity Insurance Services||
||Suite 8 The Quadrant||
||60 Marlborough Road, Lancing Business Park||
||Lancing, West Sussex||
||BN15 8UW||
|**Independent examiner**|Jenny Gunningham||
||28 Crewkerne Close||
||Nailsea||
||BS48 2SN||
|**Website**|http://www.1stnailseascouts.org.uk||
1
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Report of the Trustees for the year ended 31 December 2020**
The Trustees are pleased to present their annual report together with the financial statements of the charity for the year ended 31 December 2020.
The financial statements have been prepared based on the accounting policies set out in note 1 to the financial statements. 1[st] Nailsea Scouts is a charity registered with the Charity Commission under registration number 305628.
## **Objectives and activities**
## _The Purpose of Scouting_
Scouting exists to actively engage and support young people in their personal development, empowering them to make a positive contribution to society.
## _The Values of Scouting_
As Scouts we are guided by these values:
**Integrity** We act with integrity; we are honest, trustworthy and loyal **Respect** We have self-respect and respect for others **Care** We support others and take care of the world in which we live **Belief** We explore our faiths, beliefs and attitudes **Co-operation** We make a positive difference; we co-operative with others and make friends
## _The Scout Method_
Scouting takes place when young people, in partnership with adults, work together based on the values of Scouting and:
- enjoy what they are doing and have fun
- take part in activities indoors and outdoors
- learn by doing
- share in spiritual reflection
- take responsibility and make choices
- undertake new and challenging activities
- make and live by their Promise.
A summary of the Group’s main activities in relation to these objects can be found below.
## _Public benefit statement_
The group meets the Charity Commission’s public benefit criteria under both the advancement of education and the advancement of citizenship or community development headings.
## **Achievements and performance**
## _Major activities and achievements_
1[st] Nailsea Scout Group turned 100 this year. However, like all Scouting activities in the past year, the planned celebrations unfortunately had to be cancelled, including our anniversary camp and dinner. We hope that we can celebrate being 101 in 2021 instead!
The impact of district scouting events was significant, as large events were prevented. Ten Tors challenges (35, 45 or 55 routes) were cancelled, although some training events were held at the start of the year. The annual Dragonslayer event was also cancelled and Nailsea Carnival was unable to go ahead.
1[st] Nailsea Scouts however has worked very hard both at section and group level to keep Scouting going, notwithstanding the impact of the pandemic. We have found new ways to come together:
2
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Report of the Trustees for the year ended 31 December 2020** _(continued)_
## **Achievements and performance** _(continued)_
- We were able to hold a group online event in place of the normal District Dragonslayer event with renewal of promises and group activities.
- Although we were not able to attend the Remembrance parades locally in person, we held an online event and then joined others in our streets in uniform to pay our respects.
- All sections joined in with the VE Day celebrations, decorating their windows and having street parties and picnics in gardens.
Due to the cancellation of Nailsea Carnival our fundraising was significantly impacted (see _Financial Review_ below), but we have tried new ideas in its place such as a clothing collection via Bags2School which was very successful (not only for us but also provided an outlet for local people who had been having clear outs during lockdown!)
Several sections also supported the local community groups with Christmas cards for local residential homes and collections for the Nailsea foodbanks.
All sections worked through the year to provide both online and face-to-face (where possible) Scouting opportunities for all our young people.
## _Beavers_
The two colonies continue to work together to provide a range of ways of meeting through the phases of lockdown. Our Zoom skills have grown and we the section leaders have spent their daily walks delivering craft parcels and badges.
‘Bubbles’ became a way of life over the autumn when we _were_ allowed to meet in small groups, and the Beavers enjoyed a return to some normality with games and challenge badge work. Despite the constraints most of the Beavers who moved up through the year gained their _Chief Scout’s Bronze Award_ .
Although we were unable to have any sleepovers this year we ran a “Camp at Home” event as part of a national event. Beavers and leaders had fun camping and cooking in their gardens and earning a unique 2020 badge.
Parents became more involved in Scouting and supported children in a large amount of badge work over the year with over 150 badges being covered via our ‘at home’ programmes.
## _Cubs_
Our three Cub packs have combined Zoom and face-to-face meetings in bubbles throughout the year.
A large number of badges have been earned and many new activities and games learnt. Cakes in Mugs is a firm favourite as is the online duck race game.
Jack Warry Pack have been following an environmental theme and linked activities around the planet, recycling and nature. Cooking at home was a regular activity and skills such as safety / IT and Morse Code have been part of the programmes.
Concorde and Compass Cubs enjoyed an online pantomime in January and came together to build dens in their homes/gardens as part of the national Camp at Home event.
New cubs were invested via Zoom and regular badges deliveries popped through letter boxes throughout the year. All Cubs were supported by parents and leaders to continue to learn new skills and have fun, and most of all stay in touch with their friends. _Chief Scout’s Silver Award_ and _Gordano Challenge_ badges were also completed for those that moved up to Scouts.
## _Scouts_
Tomahawk Troop and Raptor Trop have done an amazing job during lockdown, especially with the challenges of keeping older children engaged online when most of their school day was also digital.
3
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Report of the Trustees for the year ended 31 December 2020** _(continued)_
## **Achievements and performance** _(continued)_
Both groups provided weekly online sessions where the Scouts could interact and learn new skills whilst catching up with friends. The leaders’ digital skills grew to allow the use of breakout rooms to allow greater participation from the Scouts and a larger variety of activities. Both troops took part in an online escape room which proved very successful with both scouts and leaders.
Although the Scouts could not camp this year, camp skills and navigation skills were developed ready for next year. First Aid, cooking and leadership skills were worked on and hundreds of badges were achieved. Both troops held virtual camps with Scouts joining from their gardens and cooking outside.
The leaders also managed to modify the expedition requirements to allow those older Scouts to complete their final challenge badge to achieve their _Chief Scout’s Gold Award_ .
## _Band_
Unfortunately, the Band has not been able to meet due to the Covid restrictions.
## _Adventurous Activities Club (including Kayaking)_
This section has had to focus on planning/equipment and training this year due to the Covid restriction, being good preparation for restarting in 2021 when restrictions are lifted.
## **Financial Review**
The Covid-19 pandemic has had a significant financial impact on the group. Total income for the year fell by 35% to £35,325 (2019: £53,976), which included the receipt of government grants totalling £12,334 (2019: £nil). Excluding this grant support, the charity’s underlying income fell by 57%, through a combination of substantially reduced fundraising income (mainly due to the cancellation of Nailsea Carnival and the Christmas Post, our main fundraising activities each year), and reduced membership and camps and activities income.
Recognising the inability of the sections to meet in person during the initial stages of lockdown, the Trustees took the decision to reduce membership fees by half for the final two terms of the 2019/20 academic year, whilst still asking parents, if they are able, to contribute the balance as a voluntary contribution. A significant number of parents responded to this request, and we are grateful for the support of those individuals.
Reflecting the reduced income, the group’s total expenditure for the year fell from £54,939 in 2019 to £34,279 in 2020. Of this, approximately £20,000 represents the group’s fixed overheads, but with very little in the way of camps and other activities due the year, our spending in this area was much reduced (£10,834, compared to £30,250 in 2019). Whilst the cancellation of Carnival reduced our fundraising income, the group’s fundraising costs also fell as a consequence, to just £208 (2019: £2,458).
Despite the challenges and uncertainty of Covid, the group’s overall net income for the year was £1,046 (2019: £319). As a consequence, the group continues to have a strong balance sheet, with net assets of £212,698 (2019: £211,652) and net current assets of £51,647 (2019: £49,109), including cash of £61,868 (2019: £68,426). The loan balance with the Scout Association has reduced to £34,400 (2018: £43,129) following repayments in the year.
## _Fundraising_
As explained above, the group’s principal fundraising activities were cancelled due to the pandemic.
With the majority of day-to-day charitable activities being funded by membership fees, the main objective of fundraising by the group is a) to fund repayments of the Scout Association loan (see note 13) and b) to fund other major capital expense as and when required. In early 2020, the uncertainty around how the pandemic would impact the group’s finances led to a Trustee decision to reduce discretionary expenditure as far as possible, including a pause on plans for any significant capital expenditure. Therefore, the only significant consequence of the limited fundraising has been on the amounts raised to pay the Scout Association. As discussed above, however, the receipt of a government grant in the year in effect offset the reduced fundraising income such that the loan repayment was able to be made.
4
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Report of the Trustees for the year ended 31 December 2020** _(continued)_
## **Financial Review** _(continued)_
## _Reserves policy_
The group’s policy on reserves is to hold sufficient resources to continue the charitable activities of the Group should income and fundraising activities fall short.
In previous years, the policy was that the group hold a sum in cash equivalent to 4 months’ (i.e. two terms’) running costs of approximately £18,000, plus sufficient funds to repay the loan from the Scout Association were this required (circa £34,000). However, as a consequence of the substantial uncertainty caused by the pandemic, in mid-2020, the Trustees adopted a revised policy, that the group should hold sufficient cash to both repay the Scout Association loan, and fund the group’s running costs for 6 months (i.e. three terms). In light of this, the group’s revised policy is now to hold a cash of approximately £62,000.
The group’s cash balance at the year-end was £61,868 (2019: £58,426), in line with the revised target. Once the pandemic has subsided, the Trustees’ intention is to revise the reserves policy back to the lower amount, and to reduce the group’s cash balance through a programme of capital expenditure to renew and improve our equipment.
## _Investment policy_
The Group has adopted a risk-averse strategy to the investment of funds. All funds are therefore held in cash using only mainstream banks or building societies.
## **Structure, governance and management**
## _Governing document_
The group’s governing documents are those of The Scout Association. They consist of a Royal Charter, which in turn gives authority to the Bye Laws of the Association and The Policy, Organisation and Rules (POR) of the Scout Association.
The group is a trust established under its rules which are common to all Scouts.
## _Trustee selection methods_
The Trustees are appointed in accordance with the Policy, Organisation and Rules of The Scout Association.
## _Governance_
The group is managed by the Group Executive Committee, the members of which are the ‘Charity Trustees’ of the Scout Group which is an educational charity. As charity trustees they are responsible for complying with legislation applicable to charities. This includes the registration, keeping proper accounts and making returns to the Charity Commission as appropriate.
The Committee consists of 3 independent representatives, Chair, Treasurer and Secretary together with the Group Scout Leaders, individual section leaders (if opted to take on the responsibility) and parents’ representation and meets on average every 2 months during the course of the year.
Members of the Executive Committee complete ' _Essential Information for Executive Committee_ ' training within the first 5 months of joining the committee. This Group Executive Committee exists to support the Group Scout Leader in meeting the responsibilities of the appointments and is responsible for:
- The maintenance of Group property;
- The raising of funds and the administration of Group finance;
- The insurance of persons, property and equipment;
- Group public occasions;
- Assisting in the recruitment of leaders and other adult support;
- Appointing any sub committees that may be required;
- Appointing Group Administrators and Advisors other than those who are elected.
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Report of the Trustees for the year ended 31 December 2020** _(continued)_
## **Structure, governance and management** _(continued)_
## _Risk and internal controls_
The principal risks facing the Group relate to the possibility of injury by a young person while participating in activities, and the financial risk of income being insufficient to cover the charity’s fixed costs. In respect of the former, comprehensive risk assessments are completed, following guidance from the Scout Association, with leaders undertaking all required training, including first aid training. Completion of training is monitored by both the Trustees, and by Gordano District Scouts.
In respect of financial risk, the Group is fortunate to have a strong pipeline of young people waiting to join, giving some certainty over the receipt of future membership fees. These are set at such a level to ensure the Group generates sufficient income to fund its activities each year, and to cover any shortfall from fundraising.
The Group has in place systems of internal control that are designed to provide reasonable assurance against material mismanagement or loss. This includes the requirement that all payments be authorised by two signatories and comprehensive insurance policies to ensure that insurable risks are covered.
## _Plans for the future_
The Group will continue offering young people an opportunity to participate in Scouting. The immediate priority for the Trustees during 2021 is to try and return the group to a degree of post-Covid normality. In the medium term, our objectives continue to be identifying new section leaders and other adult volunteers, particularly with a view to reinvigorating the currently dormant Beaver colony. Significant planned upcoming capital expenses for which fundraising will be required include the purchase of new minibuses for the Group and improvements to The Activity and Training Centre.
The Trustees’ Report was approved by the Trustees on
and signed on their behalf by:
**Andrew Winstone**
_Chair_
**Alex Woodman** _Treasurer_
6
## **Independent examiner’s report to the Trustees of 1[st] Nailsea Scouts**
I report to the trustees on my examination of the accounts of the 1[st] Nailsea Scouts for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity trustees of the 1[st] Nailsea Scouts 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 1[st] Nailsea Scouts accounts carried out under section 145 of the 2011 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 1[st] Nailsea Scouts 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.
Signed:
Name: Jennifer Gunningham
Relevant professional qualification or membership of professional bodies (if any): n/a
Address: 28 Crewkerne Close, Nailsea, N. Somerset
Date:
7
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Statement of Financial Activities**
_For the year ended 31 December 2020_
|Note**Unrestricted**
**Funds 2020**
**£**
**Income:**
_Voluntary income_
Donations and grants
_2_
13,320
Gift Aid reclaimed
-
Fundraising income
_3_
178
Sundry income
75
_Income from charitable activities_
Membership fees
14,632
Less: Scouts Capitation Fee
-
Explorers Partnership agreement
-
Camps and activities
3,415
_Income from other trading_
_activities_
Premises and equipment hire
3,697
Interest receivable
8
__________
**Total income for the year**
**35,325**
__________
**Expenditure:**
_Costs of raising funds_
Fundraising expenses
_3_
208
_Expenditure on charitable_
_activities:_
Headquarters expenses
_4_
15,718
Training, equipment and
activities expenses
_5_
9,552
Minibus/transport expenses
_6_
6,332
Miscellaneous expenditure
_7_
1,187
__________
**Total expenditure for the year**
**32,997**
__________
**Net income/(expenditure)**
**2,328**
Transfers
-
__________
**Net movement in funds**
**2,328**
**__________**
**Reconciliation of funds**
Total funds brought forward
206,940
__________
**Total funds carried forward**
_15_
**209,268**
__________|**Restricted**
**Funds 2020**
**£**
-
-
-
-
8,056
(8,056)
-
-
-
-
__________
**-**
__________
-
-
1,282
-
-
__________
**1,282**
__________
**(1,282)**
-
__________
**(1,282)**
**__________**
4,712
__________
**3,430**
__________|**Total Funds**
**2020**
**£**
**13,320**
**-**
**178**
**75**
**22,688**
**(8,056)**
**-**
**3,415**
**3,697**
**8**
__________
**35,325**
__________
**208**
**15,718**
**10,834**
**6,332**
**1,187**
__________
**34,279**
__________
**1,046**
-
__________
**1,046**
**__________**
**211,652**
__________
**212,698**
__________|Unrestricted
Funds 2019
£
1,811
-
10,174
10
19,350
-
1,100
19,798
1,705
28
__________
53,976
__________
2,458
15,481
30,250
5,085
1,665
__________
54,939
__________
(963)
95
__________
(868)
__________
207,808
__________
206,940
__________|Restricted
Funds 2019
£
1,282
-
-
-
8,268
(8,268)
-
-
-
-
__________
1,282
__________
-
-
-
-
-
__________
-
__________
1,282
(95)
__________
1,187
__________
3,525
__________
4,712
__________|Total Funds
2019
£
3,093
-
10,174
10
27,618
(8,268)
1,100
19,798
1,705
28
__________
55,258
__________
2,458
15,481
30,250
5,085
1,665
__________
54,939
__________
319
-
__________
319
__________
211,333
__________
211,652
__________|
|---|---|---|---|---|---|
8
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Balance Sheet**
_As at 31 December 2020_
|Note
**Fixed assets**
Tangible fixed assets
_9_
**Current assets**
Debtors
_10_
Cash at bank and in hand
**Liabilities**
**Creditors:**amounts falling due within one year
_11_
**Net current assets**
**Total assets less current liabilities**
**Creditors:**amounts falling due after more than
one year
_12_
**Net assets**
**Funds**
Unrestricted funds
_15_
Restricted funds
_15_
**Total funds**|**2020**
**£**
**186,824**
__________
**186,824**
__________
**143**
**61,868**
__________
**62,011**
__________
**(10,337)**
__________
**51,674**
__________
**238,498**
**(25,800)**
__________
**212,698**
__________
**209,268**
**3,430**
__________
**212,698**
__________|2019
£
197,072
__________
197,072
__________
-
58,426
__________
58,426
__________
(9,317)
__________
49,109
__________
246,181
(34,529)
__________
211,652
__________
206,940
4,712
__________
211,652
__________|
|---|---|---|
Approved by the Trustees on and signed on their behalf by:
**Andrew Winstone** _Chair_
**Alex Woodman** _Treasurer_
9
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes**
_Forming part of the financial statements_
## **1. Accounting policies**
A summary of the principal accounting policies adopted (which have been applied consistently for each period presented, except where noted), judgements and key sources of estimation uncertainty, is set out below.
## _Basis of preparation_
The financial statements have been prepared in accordance with _Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)_ (Charities SORP (FRS 102)) and FRS 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (FRS 102).
1[st] Nailsea Scouts meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## _Going concern_
The charity had net income for the year of £1,046 (2019: £319), net current assets of £51,674 (2019: £49,109), and net assets of £212,698 (2019: £211,652), including unrestricted reserves of £209,268 (2019: £206,940). In preparing the financial statements, the Trustees have had regard to the financial performance and position, as well as future cashflow forecasts, and consider that there are no material uncertainties in respect of the ability of the charity to continue as a going concern. This has included an assessment of the impact of the coronavirus disease (COVID-19) pandemic. Accordingly, they continue to adopt the going concern basis of accounting in preparing the financial statements.
## _Income_
Income is recognised when the charity has entitlement to funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be reliably measured.
Government grants are not recognised until there is reasonable assurance that the charity will receive the grant and will comply with any attached conditions. Grants are recognised in the Statement of Financial Activities using the accrual model.
## _Expenditure_
Expenditure is recognised when a liability is incurred.
Costs of raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
## _Leases_
Rental payments under operating leases are charged as expenditure on a straight-line basis over the term of the lease.
## _Taxation_
Irrecoverable VAT is not separately analysed and is charged to the Statement of Financial Activities when the expenditure to which it relates is incurred and is allocated as part of the expenditure to which it related.
Tax recovered from voluntary income received under Gift Aid is recognised when the related income is receivable.
## _Tangible fixed assets and depreciation_
Tangible assets are stated at cost and depreciated on a straight-line basis over their useful economic lives at the following rates:
|Land|Not depreciated|
|---|---|
|Freehold buildings|50 years|
|Minibuses|8 years|
|Furniture & equipment|10 years|
|Band equipment|10 years|
10
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
## **1. Accounting policies** _(continued)_
Where the recoverable amount of a tangible asset is found to be below its net book value, the asset is written down to its recoverable amount and the loss on impairment is charged to the relevant expenditure category in the Statement of Financial Activities. Where an asset is not primarily used to generate income, its impairment is assessed by reference to its service potential on its initial acquisition.
Donated equipment is capitalised at its estimated cost or market value and the Statement of Financial Activities is credited with the value of the donation.
## **2. Donations and grants**
|Donations
Grants|**2020**
**£**
**986**
**12,334**
**__________**
**13,320**
__________|2019
£
3,093
-
__________
3,093
__________|
|---|---|---|
During the year, the charity received Covid-related government grants totalling £12,334 (2019: £nil).
## **3. Fundraising income and expenditure**
|Carnival
Anniversary dinner
Christmas Post
Miscellaneous
**2020 Total**
2019|**Income**
**2020**
**£**
**Expenditure**
**2020**
**£**
**Net income**
**/(expenditure)**
**2020**
**£**
-
(21)
(21)
30
-
30
-
-
-
148
(187)
(39)
__________
__________
__________
**178**
**(208)**
**(30)**
__________
__________
__________
10,174
(2,458)
7,716
**__________**
**__________**
**__________**|Net income
2019
£
6,316
-
1,400
-
__________
8,023
__________|
|---|---|---|
||||
## **4. Headquarters expenses**
|Building and maintenance
Utilities
Cleaning
Insurance
Canoe store rental
Interest payable on building loan
Depreciation|**2020**
**£**
**861**
**1,982**
**1,541**
**2,774**
**818**
**1,186**
**6,556**
**__________**
**15,718**
__________|2019
£
911
2,880
1,466
1,845
865
971
6,543
__________
15,481
__________|
|---|---|---|
11
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
|**5. Training, equipment and activities expenses**
Camps and activities
Badges and handbook purchases
Training
Equipment repairs and maintenance
Depreciation
**6. Minibus/transport expenses**
Running expenses
Depreciation
**7. Miscellaneous expenditure**
Administration costs
Donations/grants made
Bank charges
Sundry expenses|**2020**
**£**
**6,092**
**1,683**
**1,437**
**1,082**
**540**
**__________**
**10,834**
__________
**2020**
**£**
**3,180**
**3,152**
**__________**
**6,332**
__________
**2020**
**£**
**256**
**135**
**337**
**459**
**__________**
**1,187**
__________|2019
£
27,235
2,112
205
148
550
__________
30,250
__________|
|---|---|---|
|||
2019
£
2,059
3,026
__________
5,085
__________|
|||
2019
£
170
379
410
706
__________
1,665
__________|
## **8. Trustees’ remuneration and expenses**
No Trustees received any remuneration or payment of expenses for their services (2019: £nil).
12
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
|**9. Tangible fixed assets**
_Cost_
At 1 January 2020
Additions
Disposals
At 31 December 2020
_Accumulated depreciation_
At 1 January 2020
Charge for the year
Disposals
At 31 December 2020
_Net book value_
At 31 December 2020
At 31 December 2019|**Land &**
**buildings**
**£**
249,124
-
-
**__________**
**249,124**
**__________**
65,774
6,556
-
**__________**
**72,330**
**__________**
**__________**
**176,794**
__________
183,350
__________|**Minibus**
**£**
**Furniture &**
**equipment**
**£**
24,206
48,657
-
-
-
-
__________
__________
**24,206**
**48,657**
__________
__________
13,727
45,414
3,152
540
-
-
__________
__________
**16,879**
**45,954**
__________
__________
__________
__________
**7,327**
**2,703**
__________
__________
10,479
3,243
__________
__________|**Band**
**£**
5,781
-
-
__________
**5,781**
__________
5,781
-
-
__________
**5,781**
__________
__________
**-**
__________
-
__________|**Total**
**£**
327,768
-
-
__________
**327,768**
__________
130,696
10,248
-
__________
**140,944**
__________
__________
**186,824**
__________|
|---|---|---|---|---|
|||||197,072
__________|
The cost of land and buildings at 31 December 2020 includes the estimated cost of £50 for the purchase of the land in 1930, the estimated cost of constructing the present main building of £10,000 in 1965 and the cost of improvements since then.
## **10. Debtors**
|Gift Aid receivable
Prepayments
Other debtors|**2020**
**£**
**-**
**144**
**-**
**__________**
**144**
__________|2019
£
-
-
-
__________
-
__________|
|---|---|---|
|**11. Creditors:**amounts falling due within one year
Trade creditors
Accruals
Deferred income (note 13)
Loans and borrowings (note 14)
Other creditors|**2020**
**£**
**257**
**224**
**1,231**
**8,600**
**25**
**__________**
**10,337**
__________|2019
£
-
717
-
8,600
-
__________
9,317
__________|
|---|---|---|
13
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
## **12. Creditors:** amounts falling due after more than one year
|Loans and borrowings (note 14)|**2020**
**£**
**25,800**
**__________**
**25,800**
__________|2019
£
34,529
__________
34,529
__________|
|---|---|---|
## **13. Deferred income**
During 2020, the charity collected deposits for the 100[th] Anniversary Camp which, due to the Covid-19 pandemic, has been deferred to 2021. The deposits collected have been held as deferred income and will be released to the Statement of Financial Activities during 2021.
|Balance at 1 January
Amount released to incoming resources
Amount deferred in the year
Balance at 31 December
**14. Loans and borrowings**
Building loan from The Scout Association|**2020**
**£**
**-**
**-**
**1,231**
**__________**
**1,231**
__________
**2020**
**£**
**34,400**
**__________**
**34,400**
__________|2019
£
-
-
-
__________
-
__________|
|---|---|---|
|||
2019
£
43,129
__________
43,129
__________|
During 2015, the charity received a loan from The Scout Association to complete the rebuild of the main hall. The loan is repayable in equal instalments of £8,600 over ten years. Interest is payable at 2.75% (2019: 2.75%) over the Bank of England base rate.
14
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
## **15. Funds**
_Analysis of movements in funds_
|**Balance at 1**
**Jan 2020**
**£**
**Unrestricted funds**
Unrestricted general funds
59,450
_Designated funds_
Building fund
145,946
Band fund
1,544
__________
147,490
__________
**Total unrestricted funds**
**206,940**
__________
**Restricted funds**
Capitation fund
-
David Marshall Memorial Fund
3,430
Other restricted funds
1,282
__________
**Total restricted funds**
**4,712**
**__________**
**Total funds**
**211,652**
__________|**Income**
**£**
**Expenditure**
**£**
35,232
(25,470)
89
(7,475)
4
(52)
__________
__________
93
(7,527)
__________
__________
**35,325**
**(32,997)**
__________
__________
-
-
-
-
-
(1,282)
__________
__________
**-**
**(1,282)**
**__________**
**__________**
**35,325**
**(34,279)**
__________
__________|**Transfer**
**£**
-
-
-
__________
-
__________
**-**
__________
-
-
-
__________
**-**
**__________**
**-**
__________|**Funds**
**31 Dec 2020**
**£**
**69,212**
**138,560**
**1,496**
**__________**
**140,056**
__________
**209,268**
__________
**-**
**3,430**
**-**
__________
**3,430**
**__________**
**212,698**
__________|
|---|---|---|---|
15
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
## **15. Funds** _(continued)_
_Analysis of movements in funds – previous year_
|**Balance at 1**
**Jan 2019**
**£**
**Unrestricted funds**
Unrestricted general funds
59,612
_Designated funds_
Building fund
146,652
Band fund
1,544
__________
148,196
__________
**Total unrestricted funds**
207,808
__________
**Restricted funds**
Capitation fund
-
David Marshall Memorial Fund
3,525
Other restricted funds
-
__________
**Total restricted funds**
3,525
__________
**Total funds**
211,333
__________|**Income**
**£**
**Expenditure**
**£**
44,710
(44,967)
9,266
(9,972)
-
-
__________
__________
9,266
(9,972)
__________
__________
53,976
(54,939)
__________
__________
-
-
-
-
1,282
-
__________
__________
1,282
-
__________
__________
55,258
(54,939)
__________
__________|**Transfer**
**£**
95
-
-
__________
-
__________
95
__________
-
(95)
-
__________
(95)
__________
-
__________|**Funds**
**31 Dec 2019**
**£**
59,450
145,946
1,544
__________
147,490
__________
206,940
__________
-
3,430
1,282
__________
4,712
__________
211,652
__________|
|---|---|---|---|
_Description, nature and purpose of funds_
## Unrestricted funds
General fund The ‘free reserves’ after allowing for all designated funds. Building fund Designated fund for income and expenses connected with the group’s property. Band fund Funds related to the Group’s Band.
## Restricted funds
David Marshall Memorial Fund
Capitation fund
Other restricted funds
The David Marshall Memorial Fund was established in in 1988 in memory of a Scout who was tragically killed in a lorry accident. It exists to assist Group members to attend functions throughout the United Kingdom and abroad.
The charity collects and pays a capitation fee to the Scout Association for all members of the group. This is included in the membership fees paid by group members. The Trustees’ policy is to hold membership fees collected for the purposes of paying capitation in a restricted fund.
This includes grants and other donations received by the charity for specific purposes. The balance in 2019 of £1,282 represented a grant received from The Scout Association toward the cost of minibus driver training.
16
**1[st] Nailsea Scouts** Trustees’ Report and Financial Statements Year ended 31 December 2020
## **Notes** _(continued)_
## **15. Funds** _(continued)_
_Analysis of net assets between funds_
|**General fund**
**£**
Tangible fixed assets
68,474
Cash at bank and in hand
36,733
Other net current assets/(liabilities)
(10,194)
Creditors due in more than one year
(25,800)
__________
**Total funds at 31 December 2020**
**69,213**
__________
_Analysis of net assets between funds – previous year_|**Designated**
**funds**
**£**
118,350
21,705
-
-
__________
**140,055**
__________|**Restricted**
**funds**
**£**
-
3,430
-
-
__________
**3,430**
__________|**Total**
**£**
**186,824**
**61,868**
**(10,194)**
**(25,800)**
__________
**212,698**
__________|
|---|---|---|---|
|**General fund**
**£**
Tangible fixed assets
81,054
Cash at bank and in hand
22,242
Other net current assets/(liabilities)
(9,317)
Creditors due in more than one year
(34,529)
__________
Total funds at 31 December 2019
59,450
__________|**Designated**
**funds**
**£**
116,018
31,472
-
-
__________
147,490
__________|**Restricted**
**funds**
**£**
-
4,712
-
-
__________
4,712
__________|**Total**
**£**
197,072
58,426
(9,317)
(34,529)
__________
211,652
__________|
|---|---|---|---|
## **16. Post balance sheet events**
In June 2021, the charity made an early repayment of the loan due to the Scout Association (see note 14). The amount repaid was £17,200, leaving an outstanding principal balance of £17,200. It has been agreed with the Scout Association that the next principal repayment of £8,600 will be made in December 2023, with payment of the final balance being made in December 2024. Interest continues to accrue on the loan at a rate of 2.75%.
17