**Treasurers Report for the year ended 31 December 2020** The Financial Accounts for the financial year 2020 (1 Jan 2020- 31 Dec 2020) have been reviewed and authorised by the Independent Examiner (G Sothcott). The year 2020 has been exceptional in many ways and has naturally had an effect on the provision of scouting to the young people in 2[nd] Cramlington and to the effect on the financial resources of the Group. Grant funding made available to support various organisations during the year has meant the Group has not been adversely affected financially by the pandemic. The members of the group are very grateful to the Grant funders (separately identified in the main Income section of the Financial Accounts) for the financial assistance they have provided. ## **A summary of the financial position as at 31 Dec 21 is as follows:** |Total income|42,650.
85| |---|---| |Expenditure|27,332.
43| |Surplus / (Loss) in
year|15,318.
42| ## **The Cash Position at 31 Dec 2020 is as follows:** |Opening Bank Balance 1 Jan 2020|9,010.93| |---|---| |Surplus in 2020|15,318.42| |Closing Bank balance 31 Dec 2020|24,329.35| |**Allocation of Cash Balance**|(2,000.0
0)
(2,752.5
0)
(15,000.
00)
4,576.85| |Restricted Funds Received still to
be spent|| |Capitation Fees|| |Reserves Policy|| |**TOTAL AVAILABLE FUNDS**|| ## **Reserves Policy** 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. A certain level of reserves is required simply to finance and underwrite activities that generate a level of income. In addition, the Group Executive Committee consider it prudent to hold reserves for any unexpected expenditure that may be required for the Headquarters, such as possible new roofing, rewiring of the electrical system or general improvements. The Group Executive Committee considers that the Group needs reserves of approximately £15,000 in order to achieve these objectives. ## **2nd CRAMLINGTON SCOUT GROUP** ## **INCOME & EXPENDITURE FINANCIAL YEAR 2020** |**INCOME**
GRANTS
Northumberland County Council
Northumberland County Council
NCC Community Chest
Cramlington Town Community Chest
Blyth Windfarms Community Foundation
Other
Hadrian Trust
Rothley Trust
Catherine Cookson Charity
Sub Total Grants
**NON GRANT INCOME**
Subscriptions
Blyth Valley Explorers Rent
Coffee Mornings
Ardeche
HQ Hire
Section Activities
Neckers
GIFT AID
Sub Total Non Grant Income|**Unrestricted**
10,000
1,334
500
11,834.00
7,163.89
600.00
326.20
9,547.00
533.00
480.50
15.00
7,044.26
25,709.85|**Restricted**
1,769
838
500
500
1,000
500
5,107.00
-|**TOTAL**
16,941.00
7,163.89
600.00
326.20
9,547.00
533.00
480.50
15.00
7,044.26
25,709.85| |---|---|---|---| |**TOTAL INCOME**|**37,543.85**|**5,107.00**|**42,650.85**| |**EXPENDITURE**
**SCOUTING OPERATIONAL COSTS**
Ardeche
Capitation Fee
BV Explorers Young leaders membership fee
Stationery
Badges
Neckers
Section Activities ( surfing, climbing, swimming)
Training
Tent Purchase
Lottery Registration
OSM Fees
Key Registration fee
Easy Scouting fee
**SUB TOTAL SCOUTING OPERATIONAL COS**
**PROPERTY RUNNING COSTS**
Insurance
BT Broadband
Heating and lighting
Wifi
Photocopier
Cleaning
**SUB TOTAL PROPERTY RUNNING COSTS**
**PROPERTY REPAIR MAINTENANCE COSTS**
New boiler
New Door
Installation of Exterior Lighting
New locks
New shutters
New flooring
Cooker service
Fire safety check
Alarm
Fencing
No Contact Thermometer
**SUB TOTAL PROPERTY REPAIR MAINTENA**|9,547.00
3,105.00
90.00
912.25
686.13
62.50
368.96
15.00
95.95
20.00
159.00
198.00
54.00
**TS**
**15,313.79**
2,339.57
127.95
1,988.34
70.72
49.37
25.00
**4,600.95**
420.00
2,274.00
68.00
300.00
669.74
138.00
97.38
100.80
94.87
147.90
**NCE COSTS**
**4,310.69**|500.00
838.00
**838.00**
**-**
955.00
564.00
250.00
**1,769.00**|9,547.00
3,105.00
90.00
912.25
686.13
62.50
868.96
15.00
933.95
20.00
159.00
198.00
54.00
**16,651.79**
2,339.57
127.95
1,988.34
70.72
49.37
25.00
**4,600.95**
420.00
955.00
2,274.00
68.00
864.00
919.74
138.00
97.38
100.80
94.87
147.90
**6,079.69**| |**TOTAL EXPENDITURE**|**24,225.43**|**3,107.00**|**27,332.43**| ||||| |**INCOME /(EXPENDITURE)**|**13,318.42**|**2,000.00**|**15,318.42**| |UNRESTRICTED FUNDS B/F 1.1.20|9,010.93|-|9,010.93| |**TOTAL UNRESTRICTED RESERVES C/F 31.1**|**2.20**
**22,329.35**|**2,000.00**|**24,329.35**| To Michael Munro, Treasurer 2[nd] Cramlington Scouts 2[nd] March 2021 2[nd] Cramlington Scout Group accounts After independently examining your accounts presented for the year 1[st] January 2020 to 31[st] January 2020 and reviewing a sample of your income and expenditure I confirm my agreement with your figures. Regards, _**Gerry Sothcott**_ Gerry Sothcott 07771 811441