2023-12-31-accounts

REGISTERED CHARITY NUMBER: 305661

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2023 for Ipswich Scout District Liason Committee

Ipswich Scout District Liason Committee

Contents of the Financial Statements for the Year Ended 31 December 2023

	Page
Report of the Trustees	1 to 2
Independent Examiner's Report	3
Statement of Financial Activities	4
Statement of Financial Position	5
Notes to the Financial Statements	6 to 10
Detailed Statement of Financial Activities	11

Ipswich Scout District Liason Committee

Report of the Trustees

for the Year Ended 31 December 2023

The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The main aim of the charity is to provide training and recreation for members of the Ipswich scout districts. The site is also available to all members of the scouting movement and other organisations and schools, including the disabled.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Hallowtree has had its best year on turnover, with a total income of £106,379 compared with £83,774 for the previous year.

Total income, including the gang show and interest, was £123,871 and total expenditure, including gang show and depreciation, was £102,186, leaving a surplus for the year of £21,685 compared with a deficit in the previous year of £35,100.

Our bank balances at the end of the year, including the Gang Show and the reserve of £50,000, stood at £212,544 an increase from the previous year of £39,009.

FINANCIAL REVIEW

Principal funding sources

The principal funding is from hire charges for the use of the site and facilities.

Reserves policy

The trustees will maintain sufficient reserves on general fund to maintain the site for at least one year in case of difficulties.

Other funds are set up to provide finance for the continuing improvement to site buildings and amenities.

FUTURE PLANS

The trustees are always looking for new ways to improve the site and raise the necessary funding.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

305661

Principal address

Hallowtree Scout Camp Site Nacton Ipswich Suffolk IP10 0JP

Trustees

G J L Parker (deceased 11.5.24) M R Agar (resigned 6.7.23) M Raffe (appointed 6.7.23) M Pearson (appointed 11.5.24)

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Ipswich Scout District Liason Committee

Report of the Trustees

for the Year Ended 31 December 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

M K Howes FCCA ACA Knights Lowe Ltd Chartered Accountants Crane Court 302 London Road Ipswich Suffolk IP2 0AJ

Approved by order of the board of trustees on 3 July 2024 and signed on its behalf by:

M Raffe - Trustee

Page 2

Independent Examiner's Report to the Trustees of Ipswich Scout District Liason Committee

Independent examiner's report to the trustees of Ipswich Scout District Liason Committee

I report to the charity trustees on my examination of the accounts of Ipswich Scout District Liason Committee (the Trust) for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Trust'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

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 Trust 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.

M K Howes FCCA ACA

Knights Lowe Ltd Crane Court 302 London Road Ipswich IP2 0AJ

15 July 2024

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Ipswich Scout District Liason Committee

Statement of Financial Activities for the Year Ended 31 December 2023

2023 Unrestricted funds Notes £ INCOME FROM Charitable activities 120,943 Investment income 2 2,928 Total 123,871 EXPENDITURE ON Charitable activities 102,186 Net gains on investments 13,111 NET INCOME/(EXPENDITURE) 34,796 RECONCILIATION OF FUNDS Total funds brought forward 449,840 TOTAL FUNDS CARRIED FORWARD 484,636	2022 Total funds £ 97,502 1,098 98,600 133,700 - (35,100) 484,940 449,840

The notes form part of these financial statements

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Ipswich Scout District Liason Committee

Statement of Financial Position 31 December 2023

2023 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 5 253,491 CURRENT ASSETS Debtors 6 9,065 Investments 7 17,424 Cash at bank 212,544 239,033 CREDITORS Amounts falling due within one year 8 (7,888) NET CURRENT ASSETS 231,145 TOTAL ASSETS LESS CURRENT LIABILITIES 484,636 NET ASSETS 484,636 FUNDS 9 Unrestricted funds 484,636 TOTAL FUNDS 484,636	2022 Total funds £ 275,002 8,124 4,313 173,535 185,972 (11,134) 174,838 449,840 449,840 449,840 449,840

The financial statements were approved by the Board of Trustees and authorised for issue on 3 July 2024 and were signed on its behalf by:

M Raffe - Trustee

M Pearson - Trustee

The notes form part of these financial statements

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Ipswich Scout District Liason Committee

Notes to the Financial Statements for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

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.

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 a transfer of economic benefits will be required in settlement and the amount of the obligation 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 5% on cost, 4% on cost and 2% straight line on buildings Fixtures and fittings - 25% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

INVESTMENT INCOME
	2023	2022
	£	£
Deposit account interest	2,928	1,098

continued...

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Ipswich Scout District Liason Committee

Notes to the Financial Statements - continued

for the Year Ended 31 December 2023

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME FROM Charitable activities Investment income Total EXPENDITURE ON Charitable activities NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 5. TANGIBLE FIXED ASSETS Improvements to property £ COST At 1 January 2023 and 31 December 2023 670,712 DEPRECIATION At 1 January 2023 399,041 Charge for year 20,845 At 31 December 2023 419,886 NET BOOK VALUE At 31 December 2023 250,826 At 31 December 2022 271,671

Unrestricted funds £ 97,502 1,098 98,600 133,700 (35,100) 484,940 449,840 Fixtures and fittings Totals £ £ 52,472 723,184 49,141 448,182 666 21,511 49,807 469,693 2,665 253,491 3,331 275,002

continued...

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Ipswich Scout District Liason Committee

Notes to the Financial Statements- continued for the Year Ended 31 December 2023 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 7. CURRENT ASSET INVESTMENTS Listed investments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 9. MOVEMENT IN FUNDS Net movement At 1.1.23 in funds £ £ Unrestricted funds General fund 420,980 33,920 Building Maintenance Fund 3,000 - Gang Show Fund 23,164 876 Tree Fund 696 - Activities Fund 2,000 - 449,840 34,796 TOTAL FUNDS 449,840 34,796 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 109,307 (88,498) Gang Show Fund 14,564 (13,688) 123,871 (102,186) TOTAL FUNDS 123,871 (102,186)

continued...

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Ipswich Scout District Liason Committee

Notes to the Financial Statements - continued

for the Year Ended 31 December 2023

9. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General fund Building Maintenance Fund Gang Show Fund Tree Fund Activities Fund TOTAL FUNDS	At 1.1.22 £ 460,226 - 22,018 696 2,000 484,940 484,940	Net movement in funds £ (36,246) - 1,146 - - (35,100) (35,100)	Transfers between funds £ (3,000) 3,000 - - - - -	At 31.12.22 £ 420,980 3,000 23,164 696 2,000
				449,840
				449,840

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund Gang Show Fund TOTAL FUNDS	Incoming resources £ 84,872 13,728 98,600 98,600	Resources Movement expended in funds £ £ (121,118) (36,246) (12,582) 1,146 (133,700) (35,100) (133,700) (35,100)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund Building Maintenance Fund Gang Show Fund Tree Fund Activities Fund TOTAL FUNDS	At 1.1.22 £ 460,226 - 22,018 696 2,000 484,940 484,940	Net movement in funds £ (2,326) - 2,022 - - (304) (304)	Transfers between funds £ (6,000) 6,000 - - - - -	At 31.12.23 £ 451,900 6,000 24,040 696 2,000
				484,636
				484,636

continued...

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Ipswich Scout District Liason Committee

Notes to the Financial Statements - continued

for the Year Ended 31 December 2023

9. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund Gang Show Fund TOTAL FUNDS	Incoming resources £ 194,179 28,292 222,471 222,471	Resources expended £ (209,616) (26,270) (235,886) (235,886)	Gains and Movement losses in funds £ £ 13,111 (2,326) - 2,022 13,111 (304) 13,111 (304)

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.

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Ipswich Scout District Liason Committee

INCOME Contributions for use of facilities Gang show income Investment income Deposit account interest Total incoming resources EXPENDITURE Raising donations and legacies Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Repairs and Maintenance Gang Show Expenses Depreciation of tangible fixed assets Total resources expended Net income/(expenditure)	Detailed Statement of Financial Activities for the Year Ended 31 December 2023	2023 £ 106,379 14,564 120,943 2,928 123,871 2,788 8,652 28,017 409 - 1,284 25,837 13,688 21,511 102,186 102,186 21,685	2022 £ 83,774 13,728 97,502 1,098 98,600 3,210 7,997 16,130 711 106 574 70,712 12,582 21,678 133,700 133,700 (35,100)

This page does not form part of the statutory financial statements

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