Registered Charity Number: 305634
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2024
for
Somerset County Scout Council
Somerset County Scout Council
Contents of the Financial Statements for the year ended 31 March 2024
| Page | |
|---|---|
| Report of the Trustees | 1 – 5 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 – 16 |
Somerset County Scout Council
Report of the Trustees for the year ended 31 March 2024
The Trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of 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 2019).
The financial statements have been prepared to give a ‘true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. The departure has involved following the 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) issued on 1 January 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
OBJECTIVES AND ACTIVITIES Objectives and Aims
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 work in which we live.
Belief – we explore our faiths, beliefs and attitudes.
Co-operation – We make a positive difference; we co-operate 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:
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enjoy what they are doing and have fun
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take part in activities indoors and outdoors
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learn by doing
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share in spiritual reflection
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take responsibility and make choices
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undertake new and challenging activities
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make and live by their Promise.
Public Benefit
The Somerset County Scout Council meets the Charity Commission’s public benefit criteria under both the advancement of education and advancement of citizenship or community development headings. The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
ACHIEVEMENT AND PERFORMANCE Charitable activities
County Lead Volunteer’s Report
Introduction
As another year swiftly comes to a close, we reflect on the vibrant and rich programmes that have kept Scouting in Somerset thriving. This report outlines our significant transformations, growth, compliance achievements, gratitude and recognition events, and the adventurous experiences provided to our youth members and volunteers over the past 12 months.
Page 1
Somerset County Scout Council
Report of the Trustees for the year ended 31 March 2024
Transformation
The Scout Association (TSA) is currently engaged in a significant transformation effort aimed at making volunteering within Scouts more accessible, enjoyable, and rewarding. This initiative includes making role titles clearer, more inclusive, and understandable both inside and outside of Scouts.
Key changes include the formation of Section Teams and a Group Leadership Team at the Group level, and Programme Teams, Volunteering Development Teams, Support Teams, and Leadership Teams at the District and County levels. Districts will also have dedicated teams for Explorers, Young Leaders, and Network members, with additional sub-teams as necessary.
Throughout 2024, our Trustee Boards have been progressively adopting these new structures to enhance the governance of our Groups, Districts, and County. While this transformation has required considerable effort and time, it has not impacted the exceptional delivery of weekly section meetings where young people continue to enjoy fun, adventures, and skill-building activities.
Growth
Somerset Scouts has experienced steady growth in membership, with the January 2024 data indicating a total of 4,134 youth members. Each youth section, except Scouts, saw an increase in membership, contributing to an overall growth rate of 2%. The interest in our youngest section, Squirrels, continues to rise, with more Dreys opening throughout the year.
Despite some section closures due to a shortage of adult volunteers, the overall number of sections has increased. We remain vigilant for opportunities to expand into areas without existing Scout groups or with missing sections, with plans to open or reintroduce sections across all age ranges in the coming year.
Compliance
In response to a tragic event elsewhere in the UK, TSA has emphasised the importance of keeping our young people safe at all times. New guidelines and mechanisms ensure all adult members, where required, maintain current safety and safeguarding training.
Somerset has successfully implemented these requirements, showing high levels of compliance across all areas. Although first aid training is not mandated by this new approach, Somerset Scouts continues to offer accessible first aid training through an external provider, funded by the Scout County, ensuring consistent, high-level skills among all necessary volunteers.
Gratitude & Recognition
This year, Somerset Scouts had the honour of volunteering at the Coronation of King Charles III, supporting the crowds in London. Some of our volunteers were among the 50 Scouting members invited to the ceremony at St Margaret’s Church in Westminster, witnessing this historic event firsthand. These volunteers received the Coronation Medal, presented during the St George’s Day event at Windsor Castle in April. Additionally, a National Thanksgiving event at Westminster Abbey in February recognized some of our highestawarded volunteers, celebrating their achievements alongside the annual St George’s Day celebration at Windsor where some of our King Scout awarded young people were present.
These events represent just a fraction of the many thank-yous and awards given throughout the year.
Adventure
Somerset Scouts have delivered numerous adventures and experiences, making up for time lost during the pandemic years. Our Somerset Unit participated in the World Scout Jamboree in Korea, partnered with a patrol from Barbados. Despite unexpected challenges, the unit had an unforgettable experience, returning with smiles and stories.
Our ongoing relationship with Kenyan schools was strengthened with a visit to Nakuru, where fundraising efforts helped begin the construction of a much-needed dining hall at Melon Mission school. Additionally, we provided essential school equipment, clothing, and food for the pupils of the schools we partnered with.
A large group of Explorers enjoyed a skiing trip to Italy, with everyone returning mostly injury-free. We aim to ensure that every Scout and Explorer in Somerset has the opportunity for an international experience during their time with us.
The County team has also worked tirelessly to support access to various programme activities, including paddle sports, expeditions, caving, target sports, challenges, and both adult and youth training opportunities, continually expanding the activities we can offer and the skills and knowledge of our volunteers who support this whose dedication and endless support we could not manage without.
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Somerset County Scout Council
Report of the Trustees for the year ended 31 March 2024
Conclusion
Our 12 months has been a year of transformation, growth, and adventure for Somerset Scouts. We have embraced significant changes, expanded our membership, maintained high compliance standards, celebrated numerous achievements, and provided countless memorable experiences for our young members and volunteers. As we look forward to the coming year, we remain committed to delivering exceptional Scouting opportunities across Somerset.
Dawn Wilson
County Lead Volunteer, Somerset
FINANCIAL REVIEW Financial position Treasurer’s Report
The Scout Council’s main source of income derives from a membership charge levied on each young person in the County who is a member. Such fees have continued a strong recovery from pandemic levels, and have been boosted by fees from new members from the 2022 launch of “Squirrels” category for 4-to-6 year olds, many of whom paid membership fees for the first time in the last financial year.
The Scout Council’s net income from membership fees was £58,232 (up 12.5% on 2023).
With effect from 1[st] September 2023 the Scout Council took on responsibility for the financial and administrative management of the Tangier Scout and Guide Council in Taunton. The former Tangier Management Committee (TMC) was disbanded on 31 August 2023. As part of the handover, all assets and liabilities of the TMC including the accumulated cash balance was donated to the Scout Council in return for a commitment to manage the building.
Overall, the Scout Council recorded a surplus on operations of £36,524. The surplus adjusted for the Tangier donation of £18,733 was £17,791 (2023: £15,572 deficit).
The policy on Reserves is to hold sufficient liquid funds to continue the activities of the Somerset County Scout Council should income and fundraising activities fall short for at least 12 months.
As of 31[st] March 2024 the Scout Council held £127,206 of current net assets (2023: £96,841). Operating costs for the financial year to 31[st] March 2024 were £67,202 (2023: £81,781).
These assets are held in bank and building society accounts, and via some low-risk and ethical equity investments.
Neil Truby
County Treasurer
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Somerset County Scout Council’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 of The Scout Association.
How the charity is constituted
Somerset County Scout Council is a trust established under its rules which are common to all Scouts.
Recruitment and appointment of new trustees
The Trustees are appointed in accordance with the policy, organisation and rules of The Scout Association.
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Somerset County Scout Council
Report of the Trustees for the year ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
305634
Principal address
Tangier Scout & Guide Centre Castle Street Taunton Somerset TA1 4AS
Officers President Annie Maws Vice Presidents Bruce Poole Margery Williams Elizabeth Gass Trustees Ex-Officio Adrian Ashford Chair of Trustee Board Dawn Wilson County Lead Volunteer Abigail Dare County Youth Commissioner (ended February 2024) Neil Truby County Treasurer Bruce Poole County Secretary (Trustees determined role not to fulfilled - September 2023) Elected Members Simon Lacey Until 2026 Richard Marlow Until 2026 Gareth Davies Until 2024 (resigned Jan 2024) Abbie Cook Until 2024 Lawrence Wilson Until 2025 Stephen Sharp Until 2025 Nominated Members John Lewis Tricia Sedgbeer Thom Hold Marian Scott Scarlett Atherton Independent Examiner Sarah Twist FCA DChA AC Mole LLP Stafford House Blackbrook Park Avenue Taunton TA1 2PX
Bankers
Lloyds Bank plc, Taunton
The Scout Association Number 151
CUSTODIAN TRUSTEES
Scout Association Trust Corporation
The land and buildings are held in the name of the Custodian Trustees.
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Somerset County Scout Council
Report of the Trustees for the year ended 31 March 2024
Statement of Trustees’ Responsibilities in respect of the accounts
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements the trustees are required to:-
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the order of the board of trustees on and signed on its behalf by:
Adrian Ashford – Chair of Board of Trustees
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Somerset County Scout Council
Independent Examiner’s Report to the Trustees of Somerset County Scout Council
Independent examiner’s report to the trustees of Somerset County Scout Council
I report to the charity trustees on my examination of the accounts of Somerset Count Scout Council (the Charity) for the year ended 31 March 2024, which are set out on pages 7 to 16.
Responsibilities and basis of report
As the charity trustees of the Charity 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 applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the charity’s income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of England and Wales, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
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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 to enable a proper understanding of the accounts to be reached.
Sarah Twist FCA DChA AC Mole LLP Stafford House Blackbrook Park Avenue Taunton TA1 2PX
Date ……………………………….
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Somerset County Scout Council
Statement of Financial Activities For the year ended 31 March 2024
| Unrestricted Designated Restricted Notes Funds Funds Funds £ £ £ INCOME Donations & legacies 2 19,104 - - Charitable activities 3 387,634 36,100 17,578 Investment income 4 4,069 - - Other income 199 - - Total Income 411,006 36,100 17,578 EXPENDITURE Charitable activities 5 394,485 21,723 16,443 Total Expenditure 394,485 21,723 16,443 Net gains on investments 4,491 - - NET SURPLUS/(DEFICIT) 21,012 14,377 1,135 Transfers between funds (4,000) 4,000 - Net movement in funds 17,012 18,377 1,135 RECONCILATION OF FUNDS Total funds brought forward 173,574 39,459 - TOTAL FUNDS CARRIED FORWARD 190,586 57,836 1,135 |
2024 Total Funds £ 19,104 441,312 4,069 199 464,684 432,651 432,651 4,491 36,524 - 36,524 213,033 249,557 |
2023 Total Funds £ 61 76,174 2,134 96 78,465 94,101 94,101 64 (15,572 ) - (15,572) 228,605 213,033 |
|---|---|---|
All funds were unrestricted in the previous year.
The notes form part of these financial statements
Page 7
Somerset County Scout Council
Balance Sheet As at 31 March 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Total | Total | ||
| Funds | Funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 10 | 58,396 | 64,728 |
| Investments | 11 | 63,955 | 51,464 |
| ______ | ______ | ||
| 122,351 | 116,192 | ||
| CURRENT ASSETS | |||
| Debtors: amounts falling due within one year | 12 | 15,297 | 157,164 |
| Investments | 13 | - | 11,250 |
| Cash at bank and in hand | 252,851 | 330,939 | |
| ______ | ______ | ||
| 268,148 | 499,353 | ||
| CREDITORS | |||
| Amounts falling due within one year | 14 | (140,942) | (402,512 ) |
| ______ | ______ | ||
| NET CURRENT ASSETS | 127,206 | 96,841 | |
| ______ | ______ | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 249,557 | 213,033 | |
| ______ | ______ | ||
| NET ASSETS | 249,557 | 213,033 | |
| ______ | ______ | ||
| FUNDS | |||
| Unrestricted funds | 15 | 248,422 | 213,033 |
| Restricted funds | 15 | 1,135 | - |
| ______ | ______ | ||
| TOTAL FUNDS | 249,557 | 213,033 | |
| ______ | ______ |
The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by:
Adrian Ashford – Chair of Board of Trustees
Neil Truby – County Treasurer and Trustee
The notes form part of these financial statements
Page 8
Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
1 ACCOUNTING POLICIES
Basis of preparing the financial statements
Somerset County Scout Council is a Trust established under the rules of the Scout Association and a registered charity in England and Wales. The address of the registered office is given in the charity information on page 4 of these financial statements. The nature of the charity’s operations and principal activities are to promote the development of young people in achieving their full physical, intellectual, social and spiritual potentials as individuals, as responsible citizens and as members of their local, national and international communities.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in these notes.
The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
The charity constitutes a public benefit entity as defined by FRS 102.
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) (issued October 2019) Charities SORP (FRS102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (issued October 2019) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Going Concern
The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Voluntary income received by way of donations and gifts is recognised in the statement of financial activities in the period that they are received or where there is sufficient evidence that it is probable that the donation or legacy will be received.
Income from government and other grants whether ‘capital’ grants or ‘revenue’ grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Donated services and facilities are included at the value to the charity where this can be quantified. In accordance with the Statement of Recommended Practice the value of services provided by volunteers has not been recognised in the financial statements.
Income from investments is included in the year in which it is receivable.
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Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
1 ACCOUNTING POLICIES (CONTINUED)
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement is required and the amount can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Events will be accounted for in the year that the event actually occurs. Income received in advance will be included within deferred income and expenses incurred in advance will be included within accrued expenses.
Fixed Asset Investments
Listed investments are stated at market value at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluations and disposals throughout the year.
Other investments are measured at cost and reviewed annually for impairment.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on reducing balance Short leasehold - 10% on reducing balance Equipment, fixtures and fittings - 10% - 20% reducing balance
Taxation
The charity is a registered charity and is therefore exempt from taxation on its income and capital gains to the extent that they are applied for charitable purposes.
VAT
The charity is not registered for VAT. All income and expenditure is stated inclusive of VAT. Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds have been set aside by Trustees for particular purposes, but the funds and purposes are not legally restricted and may be amended by future Trustee decisions.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Financial Instruments
The charity only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors together with loans to related parties. Debt instruments, such as trade debtors and creditors, are initially measured at transaction price and subsequently measured at amortised cost.
Financial assets are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Financial Activities.
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Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
1 ACCOUNTING POLICIES (CONTINUED)
Critical Accounting Estimates and Judgements
The preparation of the financial statements in conformity with FRS 102 requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income, and expenses. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The charity makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The Trustees consider that there are no critical accounting estimates and judgements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Operating leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases are charges in the Statement of Financial Activities on a straight line basis over the lease term.
2
DONATIONS & LEGACIES
| Donation from Tangier Management Committee Other Donations |
2024 £ 18,733 371 ______ 19,104 |
2023 £ - 61 ______ 61 |
|---|---|---|
There were no unfulfilled conditions or other contingencies attached to these donations.
3
INCOME FROM CHARITABLE ACTIVITIES
| INCOME FROM CHARITABLE ACTIVITIES | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Events | 366,314 | 18,223 |
| Lettings and Rentals | 16,766 | 6,178 |
| Membership subscriptions | 200,800 | 184,080 |
| Subscriptions payable to UK Scout Association * | (142,568) | (132,307) |
| ______ | ______ | |
| 441,312 | 76,174 | |
| ______ | ______ |
Income from Events included £17,578 (£2023: £Nil) of restricted income.
- Membership subscriptions are collected from each Scouting District in Somerset on behalf of the UK Scout Association.
The financial year 2024 recognised revenue for several large international events which took place during the year: the World Scout Jamboree, Project Kenya, and a Ski trip to Italy. No such events took place in 2023, which explains the wide disparity in Events income between the two years.
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Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
4
5
----- Start of picture text -----
||||
|---|---|---|
|INVESTMENT INCOME|
|2024|2023|
|£|£|
|Deposit account interest|4,069|2,134|
|__||
|4,069|2,134|
|||
|CHARITABLE ACTIVITIES COSTS|
|2024|2023|
|£|£|
|Direct costs|429,899|92,137|
|Support costs|2,752|1,964|
|_||
|432,651|94,101|
||_|
|Split as:|
|Restricted|16,443|-|
|Unrestricted|416,208|94,101|
||__|
|432,651|94,101|
|_|___|
----- End of picture text -----
The financial year 2024 recognised revenue for several large international events which took place during the year: the World Scout Jamboree, Project Kenya, and a Ski trip to Italy. No such events took place in 2023, which explains the wide disparity in Direct Costs between the two years.
6 INDEPENDENT EXAMINER’S REMUNERATION
----- Start of picture text -----
||||
|---|---|---|
|2024|2023|
|£|£|
|Examination of financial statements|2,332|1,964|
|Other services|420|-|
|_||
|2,752|1,964|
|__|_____|
----- End of picture text -----
7 TRUSTEES’ EXPENSES
Expenses (other than direct reimbursements of costs) totalling £2,252 (2023: £1,348) were paid to 3 Trustees (2023: 4) during the year. At the year end there was £80 due from two (2023: one) Trustees arising from overpayment of expenses (2023: £30).
8 KEY MANAGEMENT PERSONNEL
The key management personnel of the charity are the board of Trustees. No remuneration was paid to the key management in the year (2023: Nil).
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Somerset County Scout Council
Notes to the Financial Statements
For the year ended 31 March 2024
9 WAGES AND SALARIES
----- Start of picture text -----
||||
|---|---|---|
|2024|2023|
|£|£|
|Wages and salaries|2,560|-|
|_||
|2,560|-|
|__|_____|
|The average number of staff employed during the year was 1 (2023: none)|
|There were no employees with emoluments above £60,000 in the year (2023: none).|
----- End of picture text -----
10 TANGIBLE FIXED ASSETS
----- Start of picture text -----
|||||
|---|---|---|---|
|TANGIBLE FIXED ASSETS|Equipment|
|Freehold Fixtures &|
|Property|Fittings|Total|
|£|£|£|
|Cost|
|At 1 April 2023|91,537|94,233|185,770|
|Additions|-|-|-|
|__|_||
|At 31 March 2024|91,537|94,233|185,770|
||||
|Depreciation|
|At 1 April 2023|47,953|73,089|121,042|
|Charge for year|3,302|3,030|6,332|
||||
|At 31 March 2024|51,255|76,119|127,374|
||||
|Net Book Value|
|At 31 March 2024|40,282|18,114|58,396|
||||
|At 31 March 2023|43,584|21,144|64,728|
|||___|
----- End of picture text -----
Included in cost or valuation of land and buildings is freehold land of £10,561 (2023: £10,561) which is not depreciated.
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Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
11 FIXED ASSET INVESTMENTS
| Listed Investments | Market Value |
|---|---|
| £ | |
| At 1 April 2023 | 51,464 |
| Additions | 8,000 |
| Revaluations | 4,491 |
| _____ | |
| At 31 March 2024 | 63,955 |
| _____ | |
| At 31 March 2023 | 51,464 |
| _____ |
Other investments – Tangier Scout and Guide Centre
Somerset County Scout Council formerly had a tri-party agreement in relation to the Tangier Scout and Guide Centre, with the local Scout District and the Guide divisions. Each party held a one third share in the Centre. The share held by the Scout Council was accounted for as a fixed asset investment and recorded at cost of Nil.
In September 2023, the Tangier Management Committee disbanded and all asset and liabilities were transferred, without restriction, to Somerset County Scouts. This transfer has been recognised as donation income and is disclosed in Note 2.
12 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
13
| Trade debtors Other debtors Prepayments and accrued income Loans to others CURRENT ASSET INVESTMENTS COIF account – held for the Tangier Scout and Guide Centre |
2024 2023 £ £ 5,955 - 50 - 9,260 157,164 32 - __ _ 15,297 157,164 2024 2023 £ £ - 11,250 __ _____ - 11,250 |
|---|---|
| _ |
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Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
14 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Other creditors | 9,127 | 4,387 |
| Accruals and deferred income | 35,745 | 246,323 |
| Subscriptions in advance | 96,050 | 140,552 |
| Amounts owed to the Tangier Scout and Guide Centre | - | 11,250 |
| Taxation and social security | 20 | - |
| ______ | ______ | |
| 140,942 | 402,512 | |
| ______ | ______ |
2024 deferred income relates to income received for Roverway and the Somerset Explorer Belt, these events are scheduled to be held after the end of the accounting year.
2023 deferred income included sums already collected in advance from participants in the World Scout Jamboree and Project Kenya events. These events took place during the 2024 financial year, and these sums were thereby recognised as revenue, which explains the large drop in deferred income between the two years.
15
MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||||
|---|---|---|---|---|---|---|
| …….. | ||||||
| At | Gains and | At | ||||
| 1.4.23 | Income | Expenditure | Losses |
Transfers | 31.3.24 | |
| £ | £ | £ | £ | £ | £ | |
| Unrestricted funds | ||||||
| General Fund | 173,574 | 411,006 | (394,485) | 4,491 |
(4,000) | 190,586 |
| Designated funds | ||||||
| Horner Woods | 39,459 | 6,462 | (12,221) | - | - | 33,700 |
| International Fund | - | - | - | 4,000 | 4,000 |
|
| Tangier | - | 29,638 | (9,502) | - | - | 20,136 |
| ______ | ______ | ______ | ______ | ______ | ______ | |
| Total Unrestricted Funds | 213,033 | 447,106 | (416,208) | 4,491 |
- | 248,422 |
| Restricted funds | ||||||
| Project Kenya | - | 17,578 | (16,443) | - | - | 1,135 |
| ______ | ______ | ______ | ______ | ______ | ______ | |
| TOTAL FUNDS | 213,033 | 464,684 | (432,651) | 4,491 |
- | 249,557 |
| ______ | ______ | ______ | ______ | ______ | ______ |
Horner Woods is a campsite near Minehead, Somerset, leased to Somerset County Scout Council from the National Trust; and let to Scout Groups, schools and other young people groups across the region.
International fund - the County Scout Council facilitates participation for its members attendance at large international events such as the World Scout Jamboree every 3 or 4 years, and sets aside monies to help members participating with the costs of registration etc.
Tangier Scout and Guide Centre is a building in central Taunton leased by Somerset County Scout Council from Somerset Council, and used to provide a meeting place, activity centre, and shop facilities for Scouting and Girl Guiding across the region.
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Somerset County Scout Council
Notes to the Financial Statements For the year ended 31 March 2024
15 MOVEMENT IN FUNDS (Continued)
Project Kenya - A series of trips to Kenyan schools and missions, and associated fundraising activities, was held 2020-2023. One of the conditions of participation in the trip was a donation to designated schools and missions in Kenya, and other voluntary donations were also made. The Kenya restricted fund represents funds collected for the schools and missions but not yet distributed.
Comparative movement in funds, included in the above are as follows:-
| At 1.4.22 £ Unrestricted Funds General Fund 187,777 Designated Horner Woods 40,828 ______ TOTAL FUNDS 228,605 |
Income Expenditure Gains and At Losses Transfers 31.3.23 £ £ £ £ £ 72,287 (86,554) 64 - 173,574 6,178 (7,547) - - 39,459 __ _ ___ 78,465 (94,101) 64 - 213,033 |
|---|---|
16 ANALYSIS OF NET ASSETS BY FUND
| Fixed | Current | Current |
Total | |
|---|---|---|---|---|
| Assets | Assets | Liabilities | Funds at | |
| 31.3.24 | ||||
| £ | £ | £ | £ | |
| Unrestricted Funds | ||||
| General Fund | 122,351 | 206,603 | (138,368) | 190,586 |
| Designated – Horner Woods | - | 36,067 | (2,367) | 33,700 |
| Designated – International fund | - | 4,000 | - | 4,000 |
| Designated -Tangier | - | 20,343 | (207) | 20,136 |
| Restricted Funds | ||||
| Restricted - Project Kenya | - | 1,135 | - | 1,135 |
| _____ | ______ | ______ | ______ | |
| 122,351 | 268,148 | (140,942) | 249,557 | |
| ______ | ______ | ______ | ______ | |
| Fixed | Current | Current |
Total | |
| Assets | Assets | Liabilities | Funds at | |
| 31.3.23 | ||||
| £ | £ | £ | £ | |
| Unrestricted Funds | ||||
| General Fund | 116,192 | 459,894 | (402,512) | 173,574 |
| Designated – Horner Woods | - | 39,459 | - | 39,459 |
| ______ | ______ | ______ | ______ | |
| 116,192 | 499,353 | (402,512) | 213,033 | |
| ______ | ______ | ______ | ______ |
17 RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024 (2023: None).
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