**Charity number: 305841** ## **MID SUSSEX DISTRICT SCOUTS** ## **UNAUDITED** **COUNCIL'S REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2022** ## **MID SUSSEX DISTRICT SCOUTS** ## **CONTENTS** ||Page| |---|---| |**Reference and administrative details of the Charity, its Council and advisers**|1| |**Council's report**|2 - 3| |**Independent examiner's report**|4| |**Statement of financial activities**|5| |**Balance sheet**|6| |**Notes to the financial statements**|7 - 21| **MID SUSSEX DISTRICT SCOUTS** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS COUNCIL AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022** |**Council**|Alan Dyke, Chair of Trustees (appointed 20 November 2021)| |---|---| ||Ken Butler, President| ||Alec Gaskin, President| ||Mark Scholfield, District Commissioner, Trustee (appointed 1 July 2021)| ||Michael Larcombe, Deputy District Commissioner and Badge Secretary| ||Lisa Costello, District Treasurer| ||Stefan Kohli, District Network Commissioner (resigned 5 January 2022)| ||Robert Sawyer, Acting District Commissioner (resigned 1 July 2021)| ||June Tremlett, Deputy District Commissioner (resigned 22 May 2022)| ||Holly Watson, Deputy District Commissioner (resigned 22 July 2021)| ||Pam Hobbs, District Secretary (resigned 20 November 2021)| ||Vernon Cowdell, Executive Member (resigned 18 October 2021)| ||Steve Hudson, Executive Member (appointed 4 January 2021)| ||Mark Hutchison, Executive Member (appointed 24 November 2021)| ||Tony Pearson, Trustee| ||Fred Thomas (appointed 20 November 2021)| |**Charity registered**
**number**
305841
**Principal office**
14 Summerhill Grange
Lindfield
West Sussex
RH16 1RQ
**Accountants**
GMBC LLP
Chartered Tax Advisers and Accountants
Marine House
151 Western Road
Haywards Heath
West Sussex
RH16 3LH|| Page 1 **MID SUSSEX DISTRICT SCOUTS** ## **COUNCIL'S REPORT FOR THE YEAR ENDED 31 MARCH 2022** The Council present their annual report together with the financial statements of the Mid Sussex District Scouts for the year 1 April 2021 to 31 March 2022. ## **Objectives and activities** ## **a. Policies and objectives** In setting objectives and planning for activities, the Council have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **Achievements and performance** ## **a. Review of activities** Over this year, with the gradual ending of restrictions introduced to control the spread of infections associated with the Coronavirus, normal Scouting activities, including face to face meetings restarted. The impact of the controls did cause a reduction in the membership of both young people and Leaders. These losses have been quickly recovered and our waiting lists for new memberships is growing. We are particularly thankful to our Leaders who managed to maintain Scouting, with meetings outside and via Zoom calls. No District run events took place due to the uncertainty of the restrictions and the loss of some activity spaces, due to closures. The District made a £2.50 charge on the Capitation this year, last year we made no charge due to the limited activities during the Covid restrictions. Previous years the capitation was £6.00. The District HQ (Redwood Centre) remains open for our use and is let out to a Nursery and a Church Group, plus occasional weekend hirings. MSDC continue with a view to redevelop the whole site, including Claire Hall, currently being used as a Vaccination Centre. We are very involved in the public consultation on the future for the site. Fundraising for the new centre at Barn Cottage Green continued to be put on hold as MSDC have been unable to issue a lease for the land, this due to their pressure of work rather than any fundamental objection. Discussions with Mid Sussex District Council on a new site in Burgess Hill continued to be quiet for this period. ## **Financial review** ## **a. Going concern** After making appropriate enquiries, the Council have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. ## **b. Reserves policy** It is the policy of the charity to maintain free reserves at a level to cover future anticipated expenditure for at least three months. Page 2 COUNCIL'S REPORT IcopifiNUED) FOR THE YEAR ENDED 31 IAARCH 2022 . Consthutlon Mid Sussex Dlstrlct Scouts is a registered charty, numb8r 305841. aThJ Constitu￿ u￿r a Trust deed. b. Méthods of appoinlmwrt or eleclton of coul￿11 The managemwrt of the Charity is th8 resK￿￿￿ty of the c￿￿?1 are etecbj and co-opted urKler the temis of the Trust de&J. Slatem￿ of Cwncll's responslbiiiiles The Coundl are resrA)Ntdè for pry)arirKJ the Cwnufs retA)rt and f[narK1￿ statements In a￿rdance a￿[cable law arKI Unit￿1 lfjn￿ Artouri￿ Sta￿larts (Uniled l(YyJom Generalty Accepbj Accounting Practice}. The law appliC￿e to charlties In Englarnl & Wales requires the Couwl to prepare financial statements for each finaficial year which grve a true 8TrJ f￿r view of the state of affairs of the Chartty and of tts irwming iesources and application of resources, W￿lUdir￿j ino)me arKI 8XFWKJilure. for that period. In pr8parsng these financial statements, the Cwncd are required to: select suitat49 accounting pMJica8s aThJ then ath them o)nsistenty.' observe the methcmjs aTrJ prirtiples of the Charities SORP IFRS 102): make jLhJgments and accountiTr3 estimates that are re&8onaNe aThJ prL#lent; state whether aWicable UK AccountirKJ s￿￿rits {FRS 102) have Ixen foNowed, sutty￿t to any material departures disdosed and explain￿1 in the financid statements. prepare the fi'nwKial statements on the goi￿ corKwn basis unless Ft is inatwwe to presume that the Charity will contrue in t￿l￿$s. The Cwncil are reswnSi￿8 for keeptNJ adewats a(>J)untiivJ [￿X)rdS thal are Su￿lent to show and ewaln the Charivs transactions and disdrw reasonable a(xuracy at any time the ffinanC4￿ position of th8 Charty and enable them to ensur8 that the financial statements comply with the Charsiies Act 2011, the Charity (Accounts and R8Wrtsl Regulations 2008 ￿ the prO￿SlOng of the Trust deed. They are also resp￿sIbl8 for safeguarding the assets of the Ctwity and hence for tak￿￿ reasiThk* steps for the lyeventi￿ and delection of fraud and other irregularilies. Approved by order of the members crf ts iM)ard of on behalf ty.. arKI signed on their Alan Dyke (Chair ol Trust88sI Page 3 MID SUSSEX DISTRICT SCOUTS INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2022 Independent examiner's report to the Council of Mid Sussex Dlstrlct Scouts ('the Charltv) I report to the charity Council on my examination of the accounts of the Charity for the year ended 31 March 2022. Responsibilities and basls of r8POrt As the Council ol the Charity you are responsible lor th9 preparation of the accounts in accordance with the requirements of the Charities Act 2011 1 the 2011 Acl'l. I report in respect ol my exarninalion of the Charills accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llbl ol the 2011 Act. Independent examiner's statement Your allenlion is drawn lo the lact that the Charity has prepared the accounts in accordance with Accounting and Fleporting by Charities.. Statement of Flecommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities: Sialemenl ol Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations bul has been withdrawn. l understand that this has been done in order lor the accounts lo provide a true and fair view in accordance with the Generally Accepted Accounting Practice elleciive for reporting periods beginning on or alter 1 January 2015. I have completed my examination. I confirm that no mallers have come lo my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 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 ol accounts sei out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and lair. view which is not a matter considered as part ol an independent examination. I have no concerns and have come across no other matters in connection with the examination to which allenlion should be drawn in this report in order to enable a proper understanding ol the accounts to be reached. Signed: Tina Pearce Dated- 27 September 2022 GMBC LLP Chartered Tax Advisers and Accounlanls Marine House 151 Western Road Haywards Heath Wesl Sussex RH16 3LH Page 4 **MID SUSSEX DISTRICT SCOUTS** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022** |**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Investments
5
**Total income**
**Expenditure on:**
Charitable activities
6
**Total expenditure**
**Net income/(expenditure)**
Transfers between funds
16
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2022**
**£**
**-**
**8,583**
**-**
**8,583**
**7,471**
**7,471**
**1,112**
**(8,924)**
**(7,812)**
**8,561**
**(7,812)**
**749**|**Unrestricted**
**funds**
**2022**
**£**
**97**
**57,215**
**29**
**57,341**
**61,008**
**61,008**
**(3,667)**
**8,924**
**5,257**
**315,486**
**5,257**
**320,743**|**Total**
**funds**
**2022**
**£**
**97**
**65,798**
**29**
**65,924**
**68,479**
**68,479**
**(2,555)**
**-**
**(2,555)**
**324,047**
**(2,555)**
**321,492**|_Total_
_funds_
_2021_
_£_
_10,192_
_52,590_
_108_| |---|---|---|---|---| |||||_62,890_| |||||_44,993_| |||||_44,993_| |||||_17,897_
_-_| |||||_17,897_| |||||_306,150_
_17,897_| |||||_324,047_| The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 7 to 21 form part of these financial statements. Page 5 BALANCE SHEET AS AT 31 IAARCH 21Yr2 Tangib18 assets Investments 10 11 5219 6,422 3,5(70 Stocks Debtors Gash at bank and in harKJ 12 5,438 19,881 352.700 13 755 374015 Creditors.. amounts falliThJ ¢AJe within one 14 Ini,172) (S3,894) 3162TJ 314.1 Totsl assets le88 curront Il•blli1195 321,4V2 324,047 Not assets excludlng penslon asset 321N92 324,047 Totsl net assets 321,492 324.047 Charity funds Restricted funts Unrestricted luTrJs 16 16 8,561 315.486 320,743 Total funds 321,492 324,047 signed on their Ixhalf ty.. -25JsOi- JR4 Alan Dyke Ichair ol Trusteeg) The note9 on pages 7 to 21 form of Ilwe fiwKaal 8tatern￿ts. Page 6 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **1. General information** Mid Sussex District Scouts is a charity registered in England and Wales, registration number 305841. The principal office addres is 14 Summerhill Grange, Lindfield, West Sussex, RH16 1RQ. ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. 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. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Mid Sussex District Scouts meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## **2.2 Income** All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 7 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **2. Accounting policies (continued)** ## **2.3 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. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated to the applicable expenditure headings. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## **2.4 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## **2.5 Tangible fixed assets and depreciation** Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. . Depreciation is provided on the following bases: |Long-term leasehold property|- 10% straight line| |---|---| |improvements|| |Plant and machinery|- 25% reducing balance| |Motor vehicles|- 25% reducing balance| |Equipment|- 25% reducing balance| ## **2.6 Investments** Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities. Page 8 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **2. Accounting policies (continued)** ## **2.7 Stocks** Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. ## **2.8 Debtors** Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **2.9 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **2.10 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. ## **2.11 Financial instruments** The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Page 9 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **2. Accounting policies (continued)** ## **2.12 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Council in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Council for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. ## **3. Income from donations and legacies** |**Unrestricted**
**funds**
**2022**
**£**
**Grants**
Mid Sussex District Council Covid 19 grant
-
**Subtotal detailed disclosure**
-
Donations
97
**Subtotal**
97
**Total 2022**
97
_Total 2021_
_10,192_|**Total**
**funds**
**2022**
**£**
**-**
**-**
**97**
**97**
**97**
_10,192_|_Total_
_funds_
_2021_
_£_
_10,000_| |---|---|---| |||_10,000_| |||_192_| |||_192_| |||| |||_10,192_| |||| Page 10 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **4. Income from charitable activities** |Badge sales
Membership subscriptions
Explorers
Jamboree
District events including water activities
The Redwood Centre rent
**Total 2022**
_Total 2021_|**Restricted**
**funds**
**2022**
**Unrestricted**
**funds**
**2022**
**£**
**£**
8,583
-
-
2,940
-
28,344
-
-
-
1,416
-
24,515
8,583
57,215
_4,404_
_48,186_|**Total**
**funds**
**2022**
**£**
**8,583**
**2,940**
**28,344**
**-**
**1,416**
**24,515**
**65,798**
_52,590_|_Total_
_funds_
_2021_
_£_
_4,404_
_300_
_22,071_
_746_
_-_
_25,069_| |---|---|---|---| ||||_52,590_| ||||| Membership subscriptions are shown net of the fees collected as agent on behalf of the District Scouts. District events including water activities includes a prior year adjustment of £3,500. This relates to an investment receipt incorrectly accounted for as income. ## **5. Investment income** |**Unrestricted**
**funds**
**2022**
**£**
Interest receivable
29
_Total 2021_
_108_|**Total**
**funds**
**2022**
**£**
**29**
_108_|_Total_
_funds_
_2021_
_£_
_108_| |---|---|---| |||| Page 11 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **6. Analysis of expenditure on charitable activities** ## **Summary by fund type** |Badge accounts
Explorers
**Total 2022**
_Total 2021_|**Restricted**
**funds**
**2022**
**Unrestricted**
**funds**
**2022**
**£**
**£**
7,471
-
-
61,008
7,471
61,008
_3,680_
_41,313_|**Total**
**funds**
**2022**
**£**
**7,471**
**61,008**
**68,479**
_44,993_|_Total_
_funds_
_2021_
_£_
_3,680_
_41,313_| |---|---|---|---| ||||_44,993_| ||||| ## **7. Analysis of expenditure by activities** |Badge account
Explorers
**Total 2022**
_Total 2021_|**Direct costs**
**2022**
**£**
7,471
37,054
44,525
_19,063_|**Support**
**costs**
**2022**
**£**
-
23,954
23,954
_25,930_|**Total**
**funds**
**2022**
**£**
**7,471**
**61,008**
**68,479**
_44,993_|_Total_
_funds_
_2021_
_£_
_3,680_
_41,313_| |---|---|---|---|---| |||||_44,993_| |||||| Page 12 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **7. Analysis of expenditure by activities (continued)** ## **Analysis of direct costs** |Explorers
Young leaders
District events
Badge purchases
**Total 2022**
_Total 2021_
**Analysis of support costs**
Depreciation
The Redwood Centre other running costs
Accounting fees
Legal and professional fees
Sundry expenses
**Total 2022**
_Total 2021_|**Badge**
**account**
**2022**
**£**
-
-
-
7,471
7,471
_3,680_|**Explorers'**
**activities**
**2022**
**£**
33,177
359
3,518
-
37,054
_15,383_
**Explorers'**
**activities**
**2022**
**£**
1,202
21,300
690
-
762
23,954
_25,930_|**Total**
**funds**
**2022**
**£**
**33,177**
**359**
**3,518**
**7,471**
**44,525**
_19,063_
**Total**
**funds**
**2022**
**£**
**1,202**
**21,300**
**690**
**-**
**762**
**23,954**
_25,930_|_Total_
_funds_
_2021_
_£_
_15,383_
_-_
_-_
_3,680_| |---|---|---|---|---| |||||_19,063_| |||||_Total_
_funds_
_2021_
_£_
_1,467_
_22,759_
_870_
_500_
_334_| |||||_25,930_| |||||| Page 13 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **8. Independent examiner's remuneration** ||**2022**|_2021_| |---|---|---| ||**£**|_£_| |Fees payable to the Charity's independent examiner for the independent||| |examination of the Charity's annual accounts|**690**|_870_| ## **9. Council's remuneration and expenses** During the year, no Council member received any remuneration or other benefits _(2021 - £NIL)_ . During the year ended 31 March 2022, no Council expenses have been incurred _(2021 - £NIL)_ . ## **10. Tangible fixed assets** |**Cost or valuation**
At 1 April 2021
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2022
_At 31 March 2021_|**Leasehold**
**property**
**improvements**
**£**
**4,045**
**4,045**
**809**
**405**
**1,214**
**2,831**
_3,236_|**Plant and**
**machinery**
**£**
**3,814**
**3,814**
**3,256**
**140**
**3,396**
**418**
_558_|**Motor**
**vehicles**
**£**
**5,000**
**5,000**
**3,418**
**396**
**3,814**
**1,186**
_1,582_|**Equipment**
**£**
**9,620**
**9,620**
**8,574**
**262**
**8,836**
**784**
_1,046_|**Total**
**£**
**22,479**| |---|---|---|---|---|---| ||||||**22,479**| ||||||**16,057**
**1,203**| ||||||**17,260**| ||||||**5,219**| ||||||_6,422_| Page 14 ## **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **11. Fixed asset investments** The investment of £3,500 was disposed of in a prior year and the receipt was incorrectly accounted for as income in that year. During the current year it has been adjusted against the income category District events including water activities. ## **12. Stocks** ||**2022**|_2021_| |---|---|---| ||**£**|_£_| |Badge stocks|**5,983**|_5,438_| ## **13. Debtors** |**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income|**2022**
**£**
**2,891**
**12,569**
**6,247**
**21,707**|_2021_
_£_
_5,978_
_13,903_
_-_| |---|---|---| |||| |||_19,881_| Page 15 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **14. Creditors: Amounts falling due within one year** |Loans
Trade creditors
Accruals and deferred income
**Financial instruments**
**Financial assets**
Financial assets measured at amortised cost
**Financial liabilities**
Financial liabilities measured at amortised cost|**2022**
**£**
**720**
**54,684**
**14,768**
**70,172**
**2022**
**£**
**380,198**
**2022**
**£**
**(56,094)**|_2021_
_£_
_1,200_
_54,096_
_8,598_
_63,894_
_2021_
_£_
_378,019_
_2021_
_£_
_(62,566)_| |---|---|---| ## **15. Financial instruments** Financial assets measured at amortised cost comprise cash at bank and in hand, stocks, trade debtors and other debtors. Financial liabilities measured at amortised cost comprise loans, trade creditors and accruals. Page 16 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **16. Statement of funds** ## **Statement of funds - current year** |**Unrestricted funds**
**Designated funds**
New Scout hut building fund
The Redwood Centre
**General funds**
General funds
**Total Unrestricted funds**
**Restricted funds**
Badge fund
Equipment fund
**Total of funds**|**Balance at 1**
**April 2021**
**£**
**242,631**
**-**
**242,631**
**72,855**
**315,486**
**7,812**
**749**
**8,561**
**324,047**|**Income**
**£**
**-**
**24,515**
**24,515**
**32,826**
**57,341**
**8,583**
**-**
**8,583**
**65,924**|**Expenditure**
**£**
**-**
**(21,300)**
**(21,300)**
**(39,708)**
**(61,008)**
**(7,471)**
**-**
**(7,471)**
**(68,479)**|**Transfers**
**in/out**
**£**
**-**
**(3,215)**
**(3,215)**
**12,139**
**8,924**
**(8,924)**
**-**
**(8,924)**
**-**|**Balance at**
**31 March**
**2022**
**£**
**242,631**
**-**| |---|---|---|---|---|---| ||||||**242,631**| ||||||**78,112**| ||||||**320,743**| ||||||**-**
**749**| ||||||**749**| ||||||**321,492**| Page 17 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **16. Statement of funds (continued)** ## **Statement of funds - prior year** |**Unrestricted funds**
**Designated funds**
New Scout hut building fund
The Redwood Centre
**General funds**
General funds
**Total Unrestricted funds**
**Restricted funds**
Badge fund
Equipment fund
**Total of funds**|_Balance at_
_1 April 2020_
_£_
_242,631_
_-_
_242,631_
_55,682_
_298,313_
_7,088_
_749_
_7,837_
_306,150_|_Income_
_£_
_-_
_25,069_
_25,069_
_33,418_
_58,487_
_4,404_
_-_
_4,404_
_62,891_|_Expenditure_
_£_
_-_
_(22,759)_
_(22,759)_
_(18,555)_
_(41,314)_
_(3,680)_
_-_
_(3,680)_
_(44,994)_|_Transfers_
_in/out_
_£_
_-_
_(2,310)_
_(2,310)_
_2,310_
_-_
_-_
_-_
_-_
_-_|_Balance at_
_31 March_
_2021_
_£_
_242,631_
_-_| |---|---|---|---|---|---| ||||||_242,631_| ||||||_72,855_| ||||||_315,486_| ||||||_7,812_
_749_| ||||||_8,561_| ||||||_324,047_| Page 18 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **Aim and use of funds** ## Designated funds: The new Scout hut building fund was set up by the Council in a previous year and relates to an amount set aside for building a new Scout hut in the Haywards Heath and Burgess Hill area. The Redwood Centre designated fund was set up in a prior year and includes all rental income received and associated running costs. The fund balance is transfered to the general fund. ## Restricted funds: The badge fund was set up in a prior year and includes all income and costs relating to the provision of Scout badges. The Council made the decision that the cumulative fund balance, which has arisen over many years, should be transferred to the general fund where it can be used against the wider scouting activities. The equipment fund was set up in a prior year with a grant provided by West Sussex County Council for equipment purchases. Page 19 ## **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **17. Summary of funds** ## **Summary of funds - current year** |Designated funds
General funds
Restricted funds|**Balance at 1**
**April 2021**
**£**
**242,631**
**72,855**
**8,561**
**324,047**
_Balance at_
_1 April 2020_
_£_
_242,631_
_55,682_
_7,837_
_306,150_|**Income**
**£**
**24,515**
**32,826**
**8,583**
**65,924**
_Income_
_£_
_25,069_
_33,418_
_4,404_
_62,891_|**Expenditure**
**£**
**(21,300)**
**(39,708)**
**(7,471)**
**(68,479)**
_Expenditure_
_£_
_(22,759)_
_(18,555)_
_(3,680)_
_(44,994)_|**Transfers**
**in/out**
**£**
**(3,215)**
**12,139**
**(8,924)**
**-**
_Transfers_
_in/out_
_£_
_(2,310)_
_2,310_
_-_
_-_|**Balance at**
**31 March**
**2022**
**£**
**242,631**
**78,112**
**749**| |---|---|---|---|---|---| ||||||**321,492**| ||||||_Balance at_
_31 March_
_2021_
_£_
_242,631_
_72,855_
_8,561_| |**Summary of funds - prior year**|||||| |Designated funds
General funds
Restricted funds|||||| ||||||_324,047_| Page 20 **MID SUSSEX DISTRICT SCOUTS** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **18. Analysis of net assets between funds** ## **Analysis of net assets between funds - current year** |Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2022**
**Unrestricted**
**funds**
**2022**
**£**
**£**
-
5,219
749
385,696
-
(70,172)
749
320,743|**Total**
**funds**
**2022**
**£**
**5,219**
**386,445**
**(70,172)**
**321,492**| |---|---|---| ## **Analysis of net assets between funds - prior year** |Tangible fixed assets
Trade investments
Current assets
Creditors due within one year
**Total**|_Restricted_
_funds_
_2021_
_£_
_-_
_-_
_9,888_
_(1,327)_
_8,561_|_Unrestricted_
_funds_
_2021_
_£_
_6,422_
_3,500_
_368,131_
_(62,567)_
_315,486_|_Total_
_funds_
_2021_
_£_
_6,422_
_3,500_
_378,019_
_(63,894)_
_324,047_| |---|---|---|---| Page 21