bEw TYNEMOUTH DISTRICT SCOUT COUNCIL REGISTERED CHARITY NO. 504767 CHAIUTY REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BELL TINDLE WILLIAMSON LLP CHARTERED ACCOUNTANTS AND REGISTERED AUDITORS THE OLD POST OFFICE 63 SAVILLE STREET IYORTH SHIELDS TYNE & WEAR NE30 IAY
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR EINDED 31 MARCH 2025 CONTENTS Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements
TYNEMOUTH DISTIUCT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES The trustees present their anThual report and fllwicial statements of the charity for the year ended 31 March 2025. The financial slaÈments have been prepared in accordance with the accounting policies set out in note I to the fllwicial statements and comply with the charitys Constitutio the Charities Act 2011 and Accounting and Reporting by Charities: Siatement of Recommended Practice (second edition) and Financial Reporting Standard FRS 102. Ob"ectives and ActiTrities for the Public Benefit Purposes andAims The obj¢ctives of the District are as a unit of the National Scout Association. The Aim of The Scout Association is to promote the development of young people in achieving tbeir fjlll physical. intellectual, social and spiritual potentials, as individuals, as responsible citizens and as members of their local, national and tnternational communities. The objective of the District in achieving the Aim of the Association is by providing an enjoyable and attractive scheme of progressive trdining, based on the Scout Promise and Law and guided by adult leadership. The District meets the Charkty Commission's public benefit criteria under both the advancement of education and the advancement of citizenship or community development headings. Scouting is open to all young people between the ages of 4 and 25 years irrespective of class, ethnic origin, nationality (or statelessness) or rdce, gender, marital or sexual status. mental or physical ability, political or religious belief. Ensuring Our Work Delivers OurAims We review our aims, objectives and activities each year. This review looks at what we have achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits that they have brought to those groups of people we are set up to help. The review also helps us to ensure that our aims. objectives and activities have remained focused on our stated PUTposes. We have referred io guidance contained in the Charitys Commission's general guidance on public beneFIls when reviewing our airns and objectives and in planning our future activities. In particular. the trusfres consider how planned activities will contribuie to the aims and objectives they have seL The Foeus of Our Work The main activities of tbe District are: to provide support and advice to Groups, Units and Sections within the District to enable them to give a balanced programme to their youth menthers. io supplement the Groups. programmes with major activities such as Camps, Gang Shows, Competition events and a SWimg Club. to maintain and operdte our District activity centre. to maintain and operdte our District HQ. To increase adult and youth membership withtn the Groups. and our 14 to 24 year-old provision. (Explorer Scout and Network Units). Contribution made by Volunteers The activities referred to above are managed by over 200 District and Group Volunteers and without whom the activities could not take place.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES How Our Activities Deliver Public Benefit Our main activities and who we ty to help are dewribed above in our PuTposes and Aims and the Focus of OUT Work. Achievements and Performance The continued maintenance and upgrading of our District activity centre at Powburn by the Powburn Maintenance Team. Increased sectional activities and events. Increased the number of adult volunteers and Tnte¢ Comtnittee members across the District. Supported Group, District, County. National and International events. Continued Green project to replace all lighting in District HQ with energy etTicient LED lighting and lighiing control system and heating control. Fitted a connected f¢. carbon monoxide & heat detection system in Powburn Adventure Centre. Maintenance work to ensure both our HQ and AdVentse Centre are compliant with Safety and Utility regulations, including new utility meters. (smart). Continue early years support to groups opening Squirrel Days. As a District many of our activities are concentrated on the young people. These activities are based primarily at Sectional Level (age orientated) and are described in ouiline below:_ Scouting has been far and wide over the last 12 months with Groups taking part in many nights, away experiences incluthng various Unit Camps, County Camps and International Camps. We continue to maintain and support our own Adventure Centre at Powburn, Northumberland thereby providing a purpose-built. safety compliant indoorloutdoor centre. The locality of the ¢entre allows a diverse range of indoor and outdoor activities to be enjoyed by all. Throughout the year a number of our Youth Members have achieved and were presented with the highest award available to their section. Our Leaders continue to achieve the required training standard of the Wood Badge. This past year we have had several Leaders complete and be awarded their Wood Badge at Sectional level or Manager Wood Badge. Training does not stop at that. and ongoing training is required by each leader each year. this may cover Safeguarding, GDPR, Health and Safety, First Response. Trustee Trdining or Skills Training. Throughout tbe year several Long Service Awards have been njade to our Leaders for service of an exceptional nature. In this fmancial period, several of our leaders continued to work towards their Gold Duke of Edinburgh Award anor King S¢out Award. For more information about the services offered by the charity, please visit the cbariws website at www.tynemouthscouts.org.uk
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES Strategies to Achieve this Year's Objecftves Budgets are set for all District activities and performance against budget is monitored throughout the year. Financial Review The charity reports a deficti for the year of £7,754. Nei funds held by the clwity have reduced to £105, I87. Principal Sources of Funding Principal sources of funding are derived from the Powburn Adventure Centre and Explorer Scout membership. In addition to this. the District strives to make activities self-financing where possible. We thank those members who have given personal donations towards the District operating costs. COSÉ Anolysis previous flllancial years the costs associated with the Powburn Adventure Centre and Explorer Scout membership forni the main costs to the charity. Investment Powers and Policy The District does not have sufficient fimds to invest in longer-terni investments such as stocks and s]Mres. The District has tberefore adopted a low risk strategy to the investment of its fimds. All fim(ts are held in cash using only mainstream banks or building societies or The Scout Association's Short Tern] Investment Service. with the exception of the capital element of one endowment fund thai is held in M&G Clwifund Unit Tntst. The District Trustees, through the District Treasurer. regularly monitors the Eevels of bank balances and tbe interest rate5 received to ensure the DislTiCt obtains maximum value and income from its banking arrangements. Occasionally this may involve using an account that requires a period of notice before fLmds tnay be withdrawTr, before doing so the District Treasurer considers the cash flow requirements. All fimds pooled to mlMise investment income will continue to be separately identified in the accounts and the interest generated will be appropriately apportioned. Reserves Policy and Going Concern The District's policy on reserves is to hold sutricienl resources to continue the charitable activities of the District should income and fundraising activities fall short. In addition, a certain level of reserves is required simply to finance and underwTite activities thai generate a level of income. The District Trustee Committee considers that the District needs reserves of between £25.000 and £30.000 in order to acbieve this. The District held unrestricted reserves of £97,322 at 31 March 2025. There are no funds thai are in deficit. Risk management The District Trustee Committee has identified the major risks to thich they believe the District is exposed. These have been reviewed and systems have been established to mitigate them. The main areas of concern that have been identified are.. Injury to leaders, The District, through the membership fees. contributes to the Scout Association's helpers, supporters National Accident Insurance Policy. Risk Assessments are undertaken by the activity and members. leaders. Damage to The District would request the use of buildings. property and equipment from other buildings, property Scout Groups within the County. Similar reciprocal arrangements exist with these and equipment. organisation5. The District ha5 sufficient buildings and contents insurance in place to mitigate against a pernianent loss.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES Risk management (conlinued) Building compliance Ongoing costs associated with ensuring our buildings meet and continue lo meet Fire Safety and Utility regulations. Reduced income The District is reliant upon income from fundraising, activities and subscrÉptions. The from fundraising. Distrkct does hold a reserve to ensure the continuity of activities should there be a major reduction in income. Leadership. The District is totally reliant upon volunleeL% to and administer the activities. If there were a reduction in the number of volunteers to an unacceptable level the District would request assistance from County and Scout Association's Regional Development Service. Reduction or loss of The District. with support from the Groups. provides activities for all young people members. aged 4 to 24. If there were a reduction in metnbership in a particular Section or a Group then the District would consider the amalgamation of Groups. In addition the District would support the Groups with recruittnent and liaise between other Groups for activities. Internal Controls. The District has in place sy5teTllS of internal controls that are designed to provide reasonable assurance against material mismanagement or loss. These include budget setting and monitoring perfoTmance against budgets, two signatories for all payments and a comprehensive insurance policy lo ensure that insurable risks are covered. DBS checks are obtained for all adult volunteers. Serious Incidents The trustees confirnl there were no serious incidents or other nmtters to advise to the Charity Commissioners during the year. Plans for Future Periods During the next year we plan to: Continue the upgrading of the Powburn Activity ¢entre. Continue the ongoing usage and nMintetLqnce of our HQ. Development and gro of the District Young Leader provision. Support our newly Created Adventurous Activity Team Rolling out digital resources Streamlining of Districi Meelings Following National Guidance, and Policy, Organisation & Rules (POR). and continue supporting the District Trustees committee. Continue to review and create Sub-committees to mat]age District Scouting outside of the new District Committee responsibilities. Continue to develop District Activities in all sections, and support County.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES Structure Governance and Mana ement Organisalion of the Charity The charity was registered on 31 st December 1975. The District's governing documents are those of The Scout Association. They consTst of a Royal Charter, which in ttwn gives authority to the Bye Laws of the Associalion and The Policy. Organisalion and Rules of The Scout Association. The District is a Trust established under its rules, which are cornn]on to all Scouts. Trustees are appointed in accordance with the Policy, Organisation and Rules of The Scoui Association. The District is managed by the District Tnte¢ Board. the members of which are the "charity trustees" of the Scout District which is an educational charity. As cllarity tteeS they are responsible for complying wÈth legislation applicable to charities. This includes registratiory keeping proper financial statements and nkIng retLTh to the Charity Commission as appropriate. From l April 2024, Trustee Boards have been making changes to their membership across the District. These changes include how TNstees are appointed, terni limits. who can be a Ttee and how many TnL%lee5 they have. Further inforn]ation is available in the March 2024 edition of Policy, Organisation and Rules (POR). which was effective from l April 2024. The District Trustee Board consists of the following members who are the District Charity Tntees. Ex-offieio Trustees (District Lead Volunteer & District Youth Lead) Appointed Trustees (The Chair, Treasurer & Trustees) Co-opted Trustees (Trustee Boards can also co-opt members throughout the year. Co-opted Trustees may be chosen io do a particular task or bring new skills to the mix) The District Trustee Board exists to support the District Lead Volunteer in meeting the responsibilities of the appointment and to provide support for Scout Groups and Scout Units in the District. These responsibilities are amplified through a number of rules in chapter 4 of POR that detail the responsibilities and rights of the District Trustee Conllnittee. The Trustee Board is appointed at the Annual General Meeting of the District Scout Council and throughout the year. The Trustee Board are the Trustees of the charity and take the responsibilities of supporting and managing Scouting with the following key responsibilities: Comply with the Policy, Organisation and Rules of The Scout Association. Protect and maintain any property and equipment owned by an(Vor used by the DistrÉct. Manage the District fmances. Provide insurance for people, propety, and equipment. Provide sufficient resources for Scouting to operdte. Promote and support the development of Scouting in the local area.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES Organisution of the Charity {coftÉifttsed) Manage and implement the Safety Policy locally. Ensure that a positive image of Scouting exists in the local community. Appoint and manage the operation of any sub4ommittees. Ensure that Young People are meaningfijlly involved in decision making al all levels within the district. The opeaing, closure and amalgamation of Groups. and the 14 to 24 year Units in the District as necessary. Appoint and manage the operation of the Welcome Committee. Trustée Changes The changes to the board of trustees that took place during the year are noted in the reference and administrative details of the charity. Related Parties In as far as it is complementary to the chariws objects, the clwity is guided by Ial policy and partnerships. The related party transactions that have tsken place during the year are shown in note 10 to the fmancial statements. Key Management Personnel Remuneration The trustees consider the board of trustees as comprising the key llgeMent personnel of the charity in charge of directing and controlling the charity and nllming and operating of the cliarity on a day to day basis. All trustees give their tirne freely other than the District Secretary who is a paid member of staff. Detsils of tntee$ remunerdtion and expenses are shown in note 10 lo the financial statements. Reference and Administrative Information Charity Name.. Tynemouth District Scout Council Charity Registration Number.. 504767 Operational Address and Di3trict Headquarters." 31- 35 Norfolk Street North Shields Tyne and Wear NE30 IBD Contaci Address 3 Hatherton Avenue Cullercoals North Skn'elds Tyne and Wear NE30 3LG Bankers: Barclays Bat]k PIC Leicesier LE87 2BB Independent Examiner.. E. J. Hartshorne-Ferguson BA FCA Bell Tindle Williamson LLP The Old Post Office. 63 Saville Street North Shields NE30 IAY
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES RefereDce and Administrative Information (continued) Solicitors.. Oyeil Richmonds Law Firn) Limited 51152 Howard Street North Shields NE30 IAP TrllsÉees.' The Trustees who served durlng the year were as follows: Mr Phillip Rowell Mr Jamie Pearson Mrs Elizabeth Hay Mrs Nonna Pigeon Mrs Heather Henderson Mr David Littlefleld Mrs Christina Ponting Mr David Baldwin Mr Jason Vasey Mr Andrew Gray Mrs Sarah Douglas Mr Joseph Harvey Mrs Michelle Barber Districi Lead Yolunteer Districi Youth Lead Dis¢nci Chair Di5tnci Treasurer Di51rici Secrelary ffThslee until 4th September 2024) Districi Scoui Nehvork Commissioner (Resigned 4th September 2024) (Resigned 4th September 2024) Trustees, Res onsibilities in Relation to the Financial Statements The charity trustees are responsible lor preparing a tTUStees' annual report and fanCIal statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which giv¢ a true and fair Tricw of the state of affairs of the charity and of the Én¢oming resources and application of resources, of the charity for that period. In preparing the fmancial statements. the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. llke judgments and estimates that are reasonable and prudenl" state whether applicable a¢¢ounting standards have been followe(L subject ¢0 any material departures thai must be disclosed and explained in the financial statements. prepare the financial statements on the going Concern basis unless it is inappropriate to presume that the charity will continue in business.
TYNEMOUTH DISTIUCT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES Trustees, Res onsibilities in Relation to the Finaneial Statemellts (conlinued) The trustees are Tesponsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the fmancial statements comply with the Charities Act 2011, the applicable Charilies (Accounts and Reports) Regulations. and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and othet irregularities. The trnstees are responsible for the maintenance al integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and disserntnation of financial statements. Statement as to Disclosure to our Inde endent Examiner In so far as the ISteeS are aware at the time of approving our ttees, annual report: there is no relevant inforniatiory being information needed by the independent examiner in connection with preparing their r¢port. of which the charitys independent examiner is unaware" and the trustees, having made enquiries of fellow trustees that they ought to have individually taken, have each taken all the steps that helshe is obliged to make as a trustee in order to make themselves aware of any relevant inforniaiion and to establish that the charitys independent examiner is aware of that inforn)ation. Approval This report was approved by the Board of Trustees on 9th July 2025 and signed on its behalf by: MRSE Chair
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 IVIARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the fmancial statements of the clwity for the year ended 31 March 2025. Respective Responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the fllwicial statements. The charity's trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. It is my responsibility to.. examine the financial stalements under section 145 of the 2011 Act, follow the procedures laid down in the general d1Ctio8 given by the Charity Comrllission under section 145(5)(b) of the 2011 Act. and state whether particular tllatters have come to my attentio Basis of Independent Examiner's Report My examination was carried out in accordance with the general directions giveo by the Clwity Comrnission. An exatnination includes a review of the accounting records kept by the charity and a comparison of tbe fmancial statemenls presented with those records. It also includes consideration of any unusual items or disclosures in the fancial statements. and the seeking of explanations from the trustees concerning any such matters. The procedures undertakea do not provide all the evidence that would be required in an audiL and consequently, no opinion is Etvell as to whether the financial statements present a 'trne and fair view. and the report is limited to those nmtteis set out in the statement below. Illdepelldellt Examiner's Statemellt In connection with my examinatio no matter has come to my attention: which gives me asonable cause to believe that, in any material respect. the requiretllents: (a) to keep accounting records in accordance with section 130 of the 2011 ACL and to prepare fanCIal statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been mel or to Whtc in my opinion. attention should be drawn in order to enable a proper understanding of the financial statements to be reacbed. (b) Bell Tindle WillianL8on LIF Chartered Accountants and Registered Auditors The Old Post otyice 63 Saville Street North Shields Tyne and Wear NE30 IAY E. J. Hartshorne-Ferguson BA FCA Independent Examiner 9th July2025
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR EINDED 31 IMARCH 2025 sTATElMET OF FINL LNCIAL ACTIVITIES INCORPORATlI)G IL)'CO,ME ILND EXPENDITL,RE ACCOUNT Unrestricted Funds Restricted Funds EndoivmeDt Funds Total 2025 Total 2024 Note INCOME Donations and Legacies 3,826 3.826 1,341 Income from Charitable Activitie$: Membership Subscriptions Charirable Operations 1.362 30.549 1.362 30,549 1,634 54,074 In¢ome from Other Trading Activities: Operations for Generating Funds 9.526 9,526 8.376 IRvestment Income 902 242 1,243 TOTAL IINCOMING RESOURCES 46,165 242 46,407 66,668 EXPENDITURE Costs of Raising Funds: Trading Activiiies 1.608 1,608 2,196 Expendlture on Charitable A¢tivltles: Charitable Opcration5 52.564 120 52,684 81.392 TOTAL RESOURCES EXPENDED 54,172 120 54.292 83,588 NET INCOME I{EXPENDITURE) BEFORE INVESTINIENT GAINS / (LOSSES) (8.¢X)7) 122 (7.885) (16.920) Net gains / (losscs) on inv&stmcnts 131 {57) NET MOVEMENT IN FUNDS (8.007) 122 131 (7,754) (16,977) RECONCILIATION OF FUNDS Total Funds Brought Fonvard 105,329 4,540 3.072 112,941 129,918 TOTAL FUNDS CARRIED FORWARD 18 97,322 4.662 3,203 105,187 112.941 The Statement of Financial Activities includes all gains and losses in the year and therefore siatcment of total rc¢ognised gains and losses has not been prepared. All incoming resources and resour¢¢s expended derivc from continuing activities.
TYNEMOUTH DISTRICT SCOUT COUNCIL BALANCE SHEET AS AT 31 MARCH 2025 Note 2025 2024 FIXED ASSETS Tangible Assets Investsnents li 12 39,825 3,203 43,028 43,457 3,072 46,529 TOTAL FIXED ASSETS CURRENT ASSETS Stock Debtors Short Terni Inve5tmenls Cash at Bank 2nd in Hand TOTAL CURRENT ASSETS 13 14 15 16 3.575 1.374 3.600 1,187 31,031 35.171 70.989 62,617 67,566 CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR 17 5,407 4,577 NET CURRENT ASSETS 62.159 66,412 TOTAL ASSETS LESS CURRENT LLIBILITIES 105.187 112,941 FUNDS OF THE CHARrrY UnTestricted Funds Restricted Funds Endowment Funds 18 18 18 97,322 4.662 3.203 105,329 4,540 3,072 TOT AL CHARITY FUNDS 105,187 112,941 The financial statements were approved by the Trustees on 9th July 2025 and are signed on their behalf by. E. L. HAY MRS N. PIGE Chair Treasurer
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENrs ACCOUNTIING POLICIES a) Basis of Pre aration The fmancial statements have been prepared under tbe historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the financial statements. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Clwities Act 2011. The charity constitutes a public benefit enlity as defined by FRS 102. aration of the Financial Statements on a Goi Concern Basis The trustees consider that there are no material uncertainties about the Chariws ability to continue as a going concern. There are no significant judgements or key sources of eslimation uncertainty tbat affect the financial statements. c) Cash Floiv Statement The trustees have takell advantage of the exemption from including a cash flow statement in the financial statements on the grounds that the charity is small. d) 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. Donations and grants are recognised when the charity has been notified in writing of both the amount and the settlement date. In the event that a donation is subject to conditions that require a level of perfonnance before the clwity is entitled to the funds, the income is deferred and not recognised until eiiher those condilions are fully met. or the fulfilment of those conditions is wholly within control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Membership subscriptions collected on behalf of other parts of the Scout Movement are re¢ognised net of any amount paid out. This is because these subscriptions are in effect held as agents before being paid out. In¢omtng resources from charitable activities are accounted for when receivable. Income from trading activities is recognised when goods are sold or facilities have been provided. Interest on funds held on deposit is included when receivable and the amount call be measured reliably by the charity" this is nonnally upon notificatton of the interest paid OT payable by the bat&. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINAN[ CIAL STATEMENTS ACCOUNTING POLICIES Iconlinued) e)Ex enditure alld Irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third paty, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headillgs: Costs of raising llds comprise of the costs of commercial trading. Expenditure on charitable activities includes the costs of performances, events and other activities undertaken io further the purposes of the charity and their associated support costs. Irrecoverable VAT is charged as a Cost against the activity for which the expenditure was incurred. ort Costs Support costs are those tunctions that assist in the work of the clwity but do not directly undertake charitable activities. Support costs include offIee costs. finance and governance costs which support the charity's activities. These costs have been included within expenditur¢ on cl]aritsble activities. g) Fund Accountin Unrestricted fimds comprise those funds which the trustees are free to use for any purpose in filltherance of the charitable objects. Endowment fLU]ds are investment funds tn which withdrawals from the invested capital are used for specified purposes. Restricted funds comprise donations which the donor has specified are to be solely used for particular areas of the chatitys work or for special projects being undertsken by the charity ible Fixed Assets Individual fLKed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a strdight line basis as follows- Asset Category Annual Rate Freehold Property Equipment i) Fixed Asset Investments Investments are a fonn of basic financial instnunent and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet dale using the closing quoted market price. The statement of fllwiclal activilies includes the net gains and losses arising on revaluation throughout the year.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2024 IYOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES Iconlinued) j) Stock Stock is included at the lower of Cost and net realisable value. k) Debtors Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income 15 recognised at the settlement amount due after any trade discount offered. l) Short Term Investments Short terni investments comprise of a 7 day notice deposit bank account. m) Cash at Bank and in Hand Cash at bank and in hand comprise of a building society account and several bank accounts. n) Creditors Creditors are recognised where the charity has a present obligation as a result of a past event that will probably result in the transfer of fid5 to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are nornially recognised at their settlement amount after allowing for any trade discounts due. o) Financial Instruments The clwity only has financial assets and liabilities of a kind that qualify as basic fmancial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement dale. with the exception of [ed aet ini'eslments which are subsequently measured at their fair value as at the balance sheet date using the closing quoted Enarket price. DONATIOLNS AIID LEGACIES TOTAL 2025 TOTAL 2024 Unrestricted Restricted Explorers Grant Legacy General Donations 1,125 1,000 1,701 1,125 1,000 ,701 1.341 3,826 3,826 1,341
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS MEMBERSHIP SUBSCRIPTIONS TOTAL 2025 TOTAL 2024 Membership Subscriptions Less: Membership Subscriptions Paid on District 39.158 (37.796) 35.802 (34.168) 1,362 1,634 11SCO,NIE FROM CHARITABLE OPERATIONL S TOTAL 2025 TOTAL 2024 Unrestricted Restricted Powburn Centre Joint SwiMg Club and Gala District Camp Cub Camp and Activities Explorer Scouts Explorer Scouts DOE Beaver Activities Squirrel Activities Drop in Coffee Mornings Gang Show SAS Activities 14,087 3.605 3.660 168 7,267 14.087 3,605 3,660 168 7.267 22,402 4.002 276 26,680 149 199 48 146 443 443 1,319 1.319 172 30.549 30,549 54,074 OPERATIOLNS FOR GENERATING FUNDS TOTAL 2025 TOTAL 2024 Unrestricted Restricted Badge and Neckerchief Sales Other Fundraising Activities District BBQ 1,828 7,698 1,828 7,698 2.094 5,971 311 9.526 9,526 8,376
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS INVESTMENT IINCO.ME TOTAL 2025 TOTAL 2024 Unrestricted Restricted Interest Earned Dividends Receivable 902 51 191 953 191 1,062 181 902 242 1,144 1,243 TRADING ACTMTIES TOTAL 2025 TOTAL 2024 Unrestricted Restrieted Badges and Neckerchiefs District BBQ 1.608 1,608 1,910 286 1,608 1,608 2,196 CHARITABLE OPERATIONS TOTAL 2025 TOT AL 2024 Unrestricted Restricted Powburn Centre Joint Swimming Club and Gala District Camp Cub Camp and Activities Explorer Scouts Explorer Scouts DOE Beaver Activities Squirrel A¢tivilies Gang Show Chariiable Donations New Adventure Fund SAS Activities General Expenses Young Forum Quiz Nighi Centre Running Costs Drop in Coffee Mornings AGM Secretary Salary Secretary Expenses Independent Examination Depreciation 14.726 3,262 3.571 135 6,325 1,440 729 14,726 3,262 3.571 135 6,325 1,440 729 23,990 3.682 351 29,873 359 115 925 1.172 150 675 507 1.322 1,360 150 1,322 1,480 150 120 244 125 244 125 6.333 6,333 7,301 31 94 6,502 23 1,944 3,698 79 7.139 48 1.944 3,632 79 7,139 48 1,944 3,632 52,564 120 52,684 81,392
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS NET INCOME FOR THE YEAR TOTAL 2025 TOTAL 2024 This is stated after charging: Independent examine¢s fees Depreciation 1,944 3,632 1,944 3,698 10. ANALYSIS OF STAFF COSTS TRUSTEE RENIUNERATION AIID EXPENSES AND THE COST OF KEY MANAGEMEYI T PERSONINEL The charity bad no paid employees during the current or previous financial year other than the district secretary. The charity considers its key management personnel comprises the trustees. Other than the district secretary, who received a salary of £7,139 (2024.. £6,502) and was reimbursed £48 for expenses (2024.. £23), charity trustees were not paid or received any other benefits from employnent with the charity in the year (2024.. £Nil) neither were they reimbursed exPers during the year (2024: £Nil). No charity tnlee received payTnent for professional or other services supplied to the clwity {2024: £Nil). I I. TANGIBLE FIXED ASSETS Freehold Pro er ui Total COST At 1st April 2024 Additions 69,555 14.038 83,593 At 3 1st March 2025 69.555 14,038 83,593 DEPRECIATION At 1st April 2024 Charge for year 30.602 2.782 9.534 850 40,136 3,632 At 3 1st March 2025 33,384 10.384 43.768 NET BOOK VALUE At 31st March 2025 36,171 3,654 39,825 At 3 1st March 2024 38,953 4.504 43,457
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 IYOTES TO THE FINANCIAL STATEMENTS 12. FIXED ASSET ll¥VESTMENTS Listed Securities VALUATION Market Value at I st April 2024 3.072 Net Gainl(Loss) of Investments 131 Market Value at 3 1st March 2025 3,203 The investments listed on a recognised stock exchange are 21 l units of M&G Charifund Unit Trusts. Dividends received from this investment are shoNTrn in nole 6 to the financial statements. 13. STOCK 2025 2024 Stock of Badges and Neckerchiefs 3,575 3,600 14. DEBTORS 2025 2024 PrepalentS and Accrued Income 1,374 1.187 15. SHORT TERM INVESTMENTS 2025 2024 Virgin Money Deposit 31,031 16. CASH AT BANK AND IN HALYD 2025 2024 Bank Balances Building Society Balances 60.400 2,217 33,005 2,166 62,617 35,171
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS 17. CREDITORS 2025 2024 Amollnts falling due within one year: Accruals and Deferred Income 5,407 4,577 5,407 4,577 18. STATEMENT OF FUNDS Transfer Bet"een Funds At 01.04.24 Incornin Resources Resources ended At 31.03.25 Unrestricted Funds General 103,394 46,165 (54,022) 95,537 Desi nated Activity Equipment Fund Adventure Fund Hardship Fund 205 730 1,000 205 580 1,000 (150) 105,329 46,165 (54,172) 97,322 Restricted Funds Torn Scott Mernorial Fund Stockdale Award Fund Development Fund 2,166 1,122 1.252 51 2,217 1.193 1,252 (120) 4,540 242 (120) 4,662 At 01.04.24 Incomin Resources Resources ended Gainsl Losses At 31.03.25 Endoil'ment Funds Stockdale Award Fund 3,072 131 3,203 3,072 131 3,203 Unrestricted Funds - General These thnds can be used in anyivay by tbe trnstees in accordance with the objectives of the charity. Unrestricted Funds - Designated The following funds have been reserved for future planned activity: Activity Equipmeni Fund The purpose of which is to fmance equipment purchases for Scouting activities.
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS 18. STATEMENT OF FUNDS fconlinued) Unrestricted Funds - Designated (continued) Adventure Fund The purpose of which is to support Groups and Scouts requiring fmancial assistance to enable them to undertake specific activities and events. Hardship Fund The purpose of which is to enable small grants to be awarded to those Cubs and Scouts in need of funding a&sistance. Restricted Funds These represent funds received whtch are restricted for a speciflc purpose. Amounts are released from these funds when the expenditUTe io which they relate is incurred by the charity. The restricted funds are summarised as follows: Tom Scott Memorial Fund This fund was creaied when the 15th Tynemouth HQ was burnt doThn in the 1990's. The Treasurer at the time was Tom Scott who secured a large insurance payout of which £35,000 was gifted to the District and invested for future refurbisI]ment costs. The interest generated from the investment has been allocated as a restricted fund. The purpose of this nd is to provide assislance towards the cost of attendance al internattonal scouting evenis and to fund emergency repairs to headquarters. whilst maintaining the capital balance if possible. S¢ockdale Award Fund The purpose of this nd is to provide an annual prize for all youth sections from the income of the fund. Development Fund The puo)ose of this fund is to develop scouting within the District. Endowment Funds These are investment funds in which withdrawals from the invested capital are used for specified purposes. The ¢ndothThent funds are sutllmarised as follows: Siockdale Award Fund The purpose of this fund is to provide an atmual prize for all youth sections from the incorne of the fimd. 19. NALYSIs OF NET ASSETS Unrestricted Funds Restricted Funds Endowment Funds TOTAL FiKed Assels Cuent Assels Current Liabilities 39.825 62.904 (5.407) 3.203 43,028 67.566 (5.407) 4,662 Net Assets at 31 March 2025 97,322 4,662 3,203 105,187
TYNEMOUTH DISTRICT SCOUT COUNCIL YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS 19. ANALYSIS OF NET ASSETS - PREVIOUS YEAR Unrestricted Fullds Restricted Fullds Endowment Funds TOTAL Fixed Assets Current Assets Current Liabilities 43,457 66,449 (4.577) 3.072 46,529 70.989 (4,577) 4,540 Nel Assets at 31 March 2024 105,329 4.540 3.072 112,941