Financial Report 22/23
During the year a net loss of £3,154 was made, this was a substantial improvement on the previous year.
There were substantial changes to the gross income and gross expenditure line items year on year: subscriptions, activities, fundraising and net rental income substantially increased whilst grants (no longer available for Covid & for special purpose the year before) were zero in 22/23.
We raised gross income of £22,522 made up of:
-
Net subscription income and income for activities (£17,406),
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Donations (£616),
-
Gift aid (£1,480),
-
Net rental income (£1,178)
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Bank interest less fees (£32)
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The Capitation Charge for Youth Members in February 2023 was £48, similar to the previous year
Total Gross expenditure was £25,677
Total reserves at 31 March 2023 were £26,851, a decrease of £1,805 on the previous year. These reserves are split between the rental maintenance fund (£9,835 – a reduction on the previous year as costs exceeded revenues) and Group reserves (£17,016 – flat year on year).
The balance sheet ended the year at £498,256, an improvement on the previous year of £51,037. This was primarily driven by a higher insurance property valuation.
Appendix
1st Weybridge (Brooklands Own) Scout Group Registered Charity No 305807
| Receipts and Payments | ||
|---|---|---|
| Receipts | 2022/23 Unrestricted funds £ 10,067.57 0.00 10,067.57 616.00 1,480.43 10,139.45 22,303.45 |
2021/22 Unrestricted funds £ |
| Donations, legacies and similar income | ||
| Membership subscriptions | 10,067.57 | 3,146.32 |
| Less: Membership subscriptions paid on (National/County/Area/District) |
0.00 | (2,899.00) |
| Net membership subscriptions retained | 10,067.57 | 247.32 |
| Donations | 616.00 | 706.28 |
| Gift Aid | 1,480.43 | 0.00 |
| Activities | 10,139.45 | 7,570.19 |
| Sub total | 22,303.45 | 8,523.79 |
| Grants |
| CIL Grant | 0.00 |
|---|---|
| Covid Grants | 0.00 |
| Sub total | 0.00 |
| Fundraising | |
| Amazon | 47.58 |
| Elmbridge Lottery | 127.42 |
| Oatlands Fair | 452.99 |
| Quiz | 720.68 |
| Ebay | 50.05 |
| Bag packing | 324.06 |
| Easy Fundraising | 85.37 |
| Sub total | 1,808.15 |
| Investment income | |
| Bank interest (net of fees) | 32.52 |
| Net Property Rent income | 1,178.74 |
| Sub total | 1,211.26 |
| Total Gross Income Payments |
|
| Charitable payments | |
| Youth programme and activities | (24,786.83) |
| Water and Sewerage | 0.00 |
| Electricity and Gas | (1,671.25) |
| Insurance | (1,316.30) |
| Repairs and Renewals | (894.00) |
| Materials and equipment | 0.00 |
| Uniforms | (24.00) |
| AGM and trustee expenses | 240.01 |
| Sub total | (28,452.37) |
| Fundraising expenses | |
| Oatlands Fayre | (25.00) |
| Quiz night | 0.00 |
| Sub total | (25.00) |
| Building work Painting Builders Sub total Total Gross Expenditure Net of receipts/(payments) Cash funds last year end Cash funds this year end |
|
| 25,501.82 |
Statement of assets and liabilities at the year end
| 31st March 2023 31st March 2022 Unrestricted funds Unrestricted funds £ £ |
31st March 2023 31st March 2022 Unrestricted funds Unrestricted funds £ £ |
|
|---|---|---|
| Cash funds | ||
| CAF current account | 0.00 | 521.25 |
| CAF deposit account | 0.00 | 29.80 |
| Barclays General account | 2,337.77 | 3,653.32 |
| Barclays Beaver account | 918.15 | 504.24 |
| Barclays Cub account | 2,848.48 | 874.37 |
| Barclays Scout account | 4,116.08 | 7,616.76 |
| Barclays Rental account | 16,630.70 | 15,456.59 |
| Buildingsocietyaccount | 0.00 | 0.00 |
| The Scout Associaton Short Term Investment Service | 0.00 | 0.00 |
| Cash/Floats | 0.00 | 0.00 |
| Total cash funds | 26,851.18 | 28,656.33 |
| Other monetary assets | ||
| Tax claim | 0.00 | 0.00 |
| Debts due from the County/Area/District/Group | 0.00 | 0.00 |
| Insurance claim | 0.00 | 0.00 |
| Sub total | 0.00 | 0.00 |
| Investment assets | ||
| Investmentproperty- detail | 0.00 | 0.00 |
| Quoted investments | 0.00 | 0.00 |
| Other investments - detail | 0.00 | 0.00 |
| Sub total | 0.00 | 0.00 |
| Non monetary assets for charity's own use | ||
| Badge stock | 0.00 | 0.00 |
| Shopstock | 0.00 | 0.00 |
| Other stock | 0.00 | 0.00 |
| Land and buildings(insurance valuaton) | 471,443.00 | 424,724.00 |
| Motor vehicles | 0.00 | 0.00 |
| Scoutngequipment,furniture etc(insurance valuaton) | 23,012.00 | 22,495.00 |
| Other(egcomputers,machinery,consumables) | 3,801.00 | 0 |
| Sub total | 498,256.00 | 447,219.00 |
| Liabilites | 0.00 | |
| Accounts notyetpaid | 0.00 | 0.00 |
| Expenses incurred but not invoiced | 0.00 | 0.00 |
| Subscriptons notyetpaid | 0.00 | 0.00 |
| Loan - detail | 0.00 | 0.00 |
| Other liabilites | 0.00 | 0.00 |
| Sub total | 0.00 | 0.00 |
Contingent liabilities and future obligations
None to declare