Charity registration number 305730 (England and Wales)
2ND MOLESEY (ST PAUL'S) SCOUT GROUP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
2ND MOLESEY (ST PAUL'S) SCOUT GROUP
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mrs P Escott Ms A Sawell Mr J Horsburgh Mr A McIver Mr J Thompson Ms E Martin Charity number 305730 Principal address The Scout Hut 39-41 Vine Road East Molesey Surrey KT8 9LF Web Site www.2ndMoleseyScouts.org.uk Email address contact2ndMoleseyScouts@gmail.com Independent examiner Elizabeth Crowley FCA
(Appointed 12 July 2024) (Appointed 12 July 2024) (Appointed 12 July 2024)
2ND MOLESEY (ST PAUL'S) SCOUT GROUP
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 15 |
2ND MOLESEY (ST PAUL'S) SCOUT GROUP
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
Objectives and activities
2nd Molesey (St Paul's) Scout Group's charitable objectives are aligned with those of The Scout Association which 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".
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
2nd Molesey Scout Group runs five sections from Squirrels, the youngest, through Beavers, Cubs then Scouts and finally Explorer Scouts, the oldest. Scouting is a voluntary organisation and we have a fantastic team of section leaders and assistant leaders, ably supported by many parents and carers.
Anyone who has been with one of the sections when out and about cannot fail to be proud of how our young people conduct themselves as representatives of our scouting and Molesey community.
Much is made of "value added" and "enrichment" in the context of a young person's schooling, but here at 2nd Molesey our scout group adds so much more than those narrow concepts to make a positive difference to the lives of all our section members and their families.
Everyone involved in 2nd Molesey Scout Group extends a massive vote of thanks and appreciation to all of the leaders, assistant leaders and other supporters who enable our group to run such a vibrant and diverse programme. We are always keen to welcome new supporters and helpers, so if you are interested in joining our group please do get in touch.
Individual section reports for squirrels, beavers, cubs, scouts and explorers are available at the charity's annual general meeting or on request from the charity's trustees.
Fundraising performance
Fundraising Achievements
We enjoyed a full year of fundraising activities and were able to replace our entrance gates and carry out standard hut maintenance using this income and some of our ring-fenced funds. A grant was received from the local CIL fund for 12 sets of panniers, a canoe trailer, 6 double canoes and relevant equipment to allow cycling and canoeing expeditions for the young people in the group.
We remain committed to reinvesting in new equipment and activities for all of our sections so long as our core reserves are maintained.
Financial review
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
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. The Group Committee considers that the group should hold a sum equivalent to 5 months' running costs, circa £12,000 (2024 £12,000).
Investment policy
Investment Policy. The Group does not have sufficient funds to invest in longer term investments. All funds are held in cash current accounts and instant access cash deposits.
Major risks
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity is created and governed by a trust deed dated 29th July 1964, a trust deed which operates under rules which are common to all Scout Groups. The general running of the scout group is managed by the volunteer leaders supported by parent helpers and the group executive committee.
2nd Molesey (St Paul's) Scout Group is registered with the Scout Association with group number 05986.
The governing document of The Scout Association, which also governs 2nd Molesey (St Paul's) Scout Group, is the Royal Charter dated 4th January 1912 and supplemental charters dated 28th March 1949, 18th February 1959, 5th May 1967, 19th July 1991 as amended on 8th February 2018 as amended on 30th April 2019 as amended on 12th February 2020.
The trustees who served during the year and up to the date of signature of the financial statements were: Mrs P Escott
Ms A Sawell Mr J Horsburgh Mr A McIver (Appointed 12 July 2024) Mr J Thompson (Appointed 12 July 2024) Ms E Martin (Appointed 12 July 2024)
Recruitment and appointment of trustees
The Trustees of the charity comprise the group scout leader, the honorary treasurer, the honorary secretary, the leaders in each section of the group (beavers, cubs, scouts and explorers) and the chair of the executive committee.
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Organisational structure
The executive committee consists of independent representatives from the the Group Council (parents and carers of members), the chair, treasurer and secretary, and the group's section leaders. Assistant leaders and section assistants are also invited to attend meetings which are approximately five times each year.
The individual section leaders who served during the year were : Squirrel Leader - Pam Escott Beaver Leader - Pam Escott Cub Leader - Andrew McIver Scout Leader - Pam Escott Explorer Leader - James Horsburgh
We greatly appreciate the efforts of everyone who has supported the group as leaders, assistant leaders and section assistants.
A new beaver section leader is needed to work with the existing teams, and new assistants would help to support the leaders in all sections. Please contact the group if you are interested.
Induction and training of trustees
The executive committee supports the Group Scout Leader in meeting the responsibilities of the Scout Group and is responsible for, inter alia:
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-The maintenance of the Scout Group's property
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-The raising of funds and administration of Group finance
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-The insurance of persons, property and equipment
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-Scout Group public occasions
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-Assisting in the recruitment of leaders and other adult support
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-Appointing advisors other than those who are elected.
Decisions are made by the executive committee on a simple show of hands where a vote is deemed necessary, otherwise decisions are made by consensus.
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Risk Assessment
The Committee has identified the major risks to which they believe the Group is exposed.
These have been reviewed and systems exist to mitigate against them. The main areas of concern that have been identified are:
-Damage to the building and equipment.
The Group would request the use of buildings and equipment from neighbouring organisations. The Group has sufficient building and contents insurance in place to mitigate against permanent loss
-Injury to leaders, members and helpers.
The Group, through the capitation fees, contributes to The Scout Association's national accident insurance policy. Risk Assessments are undertaken before all activities.
-Reduced income from fund raising.
The Group is primarily reliant upon income from subscriptions and fund raising.
The Group does hold a reserve to ensure the continuity of activities should there be a major reduction in income. The Committee could raise the value of subscriptions to increase the income to the group either temporarily or permanently.
-Reduction or loss of leaders and members.
The Group provides activities for all young people aged 4 to 18 If there was a reduction in leadership or membership in a particular section or the Group as a whole then there would have to be a contraction, consolidation or closure of a section, or in the worst case scenario, the complete closure of the Group.
-Financial Controls.
The Group requires two signatories for all payments to provide reasonable assurance against material mismanagement or loss of money and holds comprehensive insurance policies to ensure that insurable risks are covered.
The trustees' report was approved by the Board of Trustees.
Ms A Sawell
Trustee
11 July 2025
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF 2ND MOLESEY (ST PAUL'S) SCOUT GROUP
I report to the trustees on my examination of the financial statements of 2nd Molesey (St Paul's) Scout Group (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no 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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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Elizabeth Crowley FCA
11 July 2025
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 12,193 - Charitable activities 4 14,550 17,126 Other trading activities 5 5,590 - Investments 6 266 - Total income 32,599 17,126 Expenditure on: Raising funds 7 2,132 - Charitable activities 8 35,728 12,000 Total expenditure 37,860 12,000 Net income/(expenditure) and movement in funds (5,261) 5,126 Reconciliation of funds: Fund balances at 1 April 2024 38,512 12,544 Fund balances at 31 March 2025 33,251 17,670 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 12,193 12,345 - 31,676 12,069 1,635 5,590 8,111 - 266 293 - 49,725 32,818 1,635 2,132 4,992 - 47,728 34,124 4,202 49,860 39,116 4,202 (135) (6,298) (2,567) 51,056 44,810 15,111 50,921 38,512 12,544 |
Total 2024 £ 12,345 13,704 8,111 293 34,453 4,992 38,326 43,318 (8,865) 59,921 51,056 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
BALANCE SHEET
AS AT 31 MARCH 2025
| 2025 Notes £ Current assets Cash at bank and in hand 50,921 Net current assets The funds of the charity Restricted income funds 12 Unrestricted funds 13 The financial statements were approved by the trustees on 11 July 2025 Mrs P Escott Ms A Sawell Trustee Trustee |
£ 50,921 17,670 33,251 50,921 |
2024 £ 51,056 |
£ 51,056 |
|---|---|---|---|
| 12,544 38,512 |
|||
| 51,056 | |||
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
2nd Molesey (St Paul's) Scout Group is a charity created by a trust deed dated 29th July 1964 and registered on 21st June 1967.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements 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 the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised when reimbursed to the Charity.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Costs and expenses of running the charity and its charitable activities are recognised when paid.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.7 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income From Donations and legacies
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Donations and gifts | 105 | 325 |
| Membership fees | 12,088 | 12,020 |
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| Total | 2024 | £ | 375 | 13,329 | 13,704 | 12,069 | 1,635 | 13,704 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| World | Jamboree | 2024 | £ | - | 1,363 | 1,363 | - | 1,363 | 1,363 | |||
| Scouting | Activities | 2024 | £ | 375 | 11,966 | 12,341 | 12,069 | 272 | 12,341 | |||
| Total | 2025 | £ | 375 | 31,301 | 31,676 | 14,550 | 17,126 | 31,676 | ||||
| MiniBus CIL grants |
Fund | 2025 2025 |
£ £ |
- - |
5,126 12,000 |
5,126 12,000 |
- - |
5,126 12,000 |
5,126 12,000 |
|||
| Scouting | Activities | 2025 | £ | 375 | 14,175 | 14,550 | 14,550 | - | 14,550 | |||
| Income From Charitable activities | Charitable rental income | Other income | Analysis by fund | Unrestricted funds | Restricted funds | |||||||
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 5 | Income from other fundraising activities | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fundraising events | 5,590 | 8,111 | |
| 6 | Income from investments | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Interest receivable | 266 | 293 | |
| 7 | Expenditure on raising funds | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Other fundraising costs | 2,132 | 4,992 |
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
8 Expenditure on Charitable activities
| Scouting Activities Charitable expenditure 6 2025 2025 £ £ Scouting activities programme 4,834 - Camp costs 8,971 - Equipment for scouting activities 11,590 12,000 25,395 12,000 Costs of the scout hut and group 6,181 - Administrative expenses and group overheads 4,152 - 35,728 12,000 Analysis by fund Unrestricted funds 35,728 - Restricted funds - 12,000 35,728 12,000 |
Total 2025 Scout Hut Costs Scouting Activities 2024 2024 £ £ £ 4,834 - 4,889 8,971 - 8,110 23,590 - 4,893 37,395 - 17,892 6,181 3,954 9,358 4,152 - 11,076 47,728 3,954 38,326 35,728 - 34,124 12,000 3,954 4,202 47,728 3,954 38,326 |
Total 2025 Scout Hut Costs Scouting Activities 2024 2024 £ £ £ 4,834 - 4,889 8,971 - 8,110 23,590 - 4,893 37,395 - 17,892 6,181 3,954 9,358 4,152 - 11,076 47,728 3,954 38,326 35,728 - 34,124 12,000 3,954 4,202 47,728 3,954 38,326 |
Total 2025 Scout Hut Costs Scouting Activities 2024 2024 £ £ £ 4,834 - 4,889 8,971 - 8,110 23,590 - 4,893 37,395 - 17,892 6,181 3,954 9,358 4,152 - 11,076 47,728 3,954 38,326 35,728 - 34,124 12,000 3,954 4,202 47,728 3,954 38,326 |
|---|---|---|---|
| 2024 £ - - - - 3,954 - 3,954 - 3,954 3,954 |
2024 £ 4,889 8,110 4,893 |
||
| 17,892 9,358 11,076 |
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| 38,326 | |||
| 34,124 4,202 |
|||
| 38,326 |
9 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
10 Employees
There were no employees during the year. The Scout Group is run entirely by volunteer leaders, supported by parents and carers of the members of the group, and other supporters of 2nd Molesey (St Paul's) Scout Group.
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At Minibus World scout jamboree Canoe and cycling equipment Previous year: At Minibus World scout jamboree Hut re-opening Defibrillator grant |
1 April 2024 Incoming resources Resources expended At 31 March 2025 £ £ £ £ 11,429 5,126 - 16,555 1,115 - - 1,115 - 12,000 (12,000) - 12,544 17,126 (12,000) 17,670 1 April 2023 Incoming resources Resources expended At 31 March 2024 £ £ £ £ 11,157 272 - 11,429 - 1,363 (248) 1,115 2,954 - (2,954) - 1,000 - (1,000) - 15,111 1,635 (4,202) 12,544 |
|---|---|
The trustees have determined that a proportion of funds recovered from Gift Aid claims made during each year should be allocated to restricted funds so as to assist with future replacement of a minibus. A transfer of £272 (2023 £977) has therefore been made.
The group had one young person selected by Esher District to attend the World Scout Jamboree in summer 2023 hosted by South Korea.
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At General funds Previous year: At General funds |
1 April 2024 Incoming resources Resources expended At 31 March 2025 £ £ £ £ 38,512 32,599 (37,860) 33,251 1 April 2023 Incoming resources Resources expended At 31 March 2024 £ £ £ £ 44,810 32,818 (39,116) 38,512 |
|---|---|
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2ND MOLESEY (ST PAUL'S) SCOUT GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
14 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 31 March 2025: Current assets/(liabilities) 33,251 17,670 33,251 17,670 Unrestricted Restricted funds funds 2024 2024 £ £ At 31 March 2024: Current assets/(liabilities) 38,512 12,544 38,512 12,544 |
Total 2025 £ 50,921 |
|---|---|
| 50,921 | |
| Total 2024 £ 51,056 |
|
| 51,056 |
15 Transfers between funds
The trustees have determined that a proportion of funds recovered from Gift Aid claims made during each year should be transferred to restricted funds so as to assist with future replacement of a minibus.
16 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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