REGISTERED CHARITY NUMBER: 305661
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for
Ipswich Scout District Liason Committee
Ipswich Scout District Liason Committee
Contents of the Financial Statements for the Year Ended 31 December 2024
| 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 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 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).
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.
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 Raffe M Pearson (appointed 11.5.24)
Independent Examiner
M K Howes FCCA ACA Knights Lowe Ltd Chartered Accountants Crane Court 302 London Road Ipswich Suffolk IP2 0AJ
Page 1
Ipswich Scout District Liason Committee
Report of the Trustees for the Year Ended 31 December 2024
Approved by order of the board of trustees on 10 June 2025 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 2024.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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
30 June 2025
Page 3
Ipswich Scout District Liason Committee
Statement of Financial Activities for the Year Ended 31 December 2024
| 2024 Unrestricted funds Notes £ INCOME FROM Charitable activities Gang show income 18,042 Contributions for use of facilities 120,058 Investment income 2 2,064 Total 140,164 EXPENDITURE ON Charitable activities 97,891 Net gains on investments 2,181 NET INCOME 44,454 RECONCILIATION OF FUNDS Total funds brought forward 484,785 TOTAL FUNDS CARRIED FORWARD 529,239 |
2023 Total funds £ 14,564 106,527 2,928 124,019 102,186 13,111 34,944 449,840 484,784 |
|---|---|
The notes form part of these financial statements
Page 4
Ipswich Scout District Liason Committee
Statement of Financial Position 31 December 2024
| 2024 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 5 277,759 CURRENT ASSETS Debtors 6 9,524 Investments 7 19,605 Cash at bank 228,486 257,615 CREDITORS Amounts falling due within one year 8 (6,135) NET CURRENT ASSETS 251,480 TOTAL ASSETS LESS CURRENT LIABILITIES 529,239 NET ASSETS 529,239 FUNDS 9 Unrestricted funds 529,239 TOTAL FUNDS 529,239 |
2023 Total funds £ 253,491 9,065 17,424 212,692 239,181 (7,888) 231,293 484,784 484,784 484,784 484,784 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 June 2025 and were signed on its behalf by:
M Raffe - Trustee
M Pearson - Trustee
The notes form part of these financial statements
Page 5
Ipswich Scout District Liason Committee
Notes to the Financial Statements for the Year Ended 31 December 2024
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 | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Deposit account interest | 2,064 | 2,928 |
continued...
Page 6
Ipswich Scout District Liason Committee
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|
| Unrestricted | |
| funds | |
| £ | |
| INCOME FROM | |
| Charitable activities | |
| Gang show income | 14,564 |
| Contributions for use of facilities | 106,527 |
| Investment income | 2,928 |
| Total | 124,019 |
| EXPENDITURE ON | |
| Charitable activities | 102,186 |
| Net gains on investments | 13,111 |
| NET INCOME | 34,944 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 449,840 |
| TOTAL FUNDS CARRIED FORWARD | 484,784 |
continued...
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Ipswich Scout District Liason Committee
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
5. TANGIBLE FIXED ASSETS
| 5. TANGIBLE FIXED ASSETS |
5. TANGIBLE FIXED ASSETS |
|||
|---|---|---|---|---|
| Improvements to property £ COST At 1 January 2024 670,712 Additions 50,718 At 31 December 2024 721,430 DEPRECIATION At 1 January 2024 419,886 Charge for year 25,917 At 31 December 2024 445,803 NET BOOK VALUE At 31 December 2024 275,627 At 31 December 2023 250,826 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 1.1.24 in funds £ £ Unrestricted funds General fund 484,785 40,786 Building Maintenance Fund - - Gang Show Fund - 3,668 484,785 44,454 TOTAL FUNDS 484,785 44,454 |
Fixtures and fittings £ 52,472 - 52,472 49,807 533 50,340 2,132 2,665 2024 £ 9,524 2024 £ 19,605 2024 £ 6,135 Transfers between funds £ (3,000) 3,000 - - - |
Totals £ 723,184 50,718 773,902 469,693 26,450 496,143 277,759 253,491 2023 £ 9,065 2023 £ 17,424 2023 £ 7,888 At 31.12.24 £ 522,571 3,000 3,668 529,239 529,239 |
||
continued...
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Ipswich Scout District Liason Committee
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Gang Show Fund TOTAL FUNDS |
Incoming resources £ 122,122 18,042 140,164 140,164 |
Resources expended £ (83,517) (14,374) (97,891) (97,891) |
Gains and Movement losses in funds £ £ 2,181 40,786 - 3,668 2,181 44,454 2,181 44,454 |
|---|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Building Maintenance Fund Gang Show Fund Tree Fund Activities Fund TOTAL FUNDS |
At 1.1.23 £ 420,980 3,000 23,164 696 2,000 449,840 449,840 |
Net movement in funds £ 34,068 - 876 - - 34,944 34,944 |
Transfers between funds £ (3,000) 3,000 - - - - - |
At 31.12.23 £ 452,048 6,000 24,040 696 2,000 484,784 484,784 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Gang Show Fund TOTAL FUNDS |
Incoming resources £ 109,455 14,564 124,019 124,019 |
Resources expended £ (88,498) (13,688) (102,186) (102,186) |
Gains and Movement losses in funds £ £ 13,111 34,068 - 876 13,111 34,944 13,111 34,944 |
|---|---|---|---|
continued...
Page 9
Ipswich Scout District Liason Committee
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
9. MOVEMENT IN FUNDS - continued
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 1.1.23 £ 420,980 3,000 23,164 696 2,000 449,840 449,840 |
Net movement in funds £ 74,854 - 4,544 - - 79,398 79,398 |
Transfers between funds £ (6,000) 6,000 - - - - - |
At 31.12.24 £ 489,834 9,000 27,708 696 2,000 529,238 529,238 |
|---|---|---|---|---|
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 £ 231,577 32,606 264,183 264,183 |
Resources expended £ (172,015) (28,062) (200,077) (200,077) |
Gains and Movement losses in funds £ £ 15,292 74,854 - 4,544 15,292 79,398 15,292 79,398 |
|---|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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| INCOME Investment income Deposit account interest Charitable activities Contributions for use of facilities Gang show income Total incoming resources EXPENDITURE Charitable activities Rates and water Insurance Light and heat Telephone Sundries Repairs and Maintenance Gang Show Expenses Depreciation of tangible fixed assets Total resources expended Net income |
Ipswich Scout District Liason Committee Detailed Statement of Financial Activities for the Year Ended 31 December 2024 |
2024 £ 2,064 120,058 18,042 138,100 140,164 3,181 9,243 14,419 505 3,567 26,152 14,374 26,450 97,891 97,891 42,273 |
2023 £ 2,928 106,527 14,564 121,091 124,019 2,788 8,652 28,017 409 1,284 25,837 13,688 21,511 102,186 102,186 21,833 |
|---|---|---|---|
This page does not form part of the statutory financial statements
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