## **2[nd] Cramlington Scout Group Treasurers Report for AGM to be held July 22** The income for the year was £41,648.56, expenses were £25,640.25 giving a net surplus of £16,008.41. This year’s surplus of £16,008.41 added to the brought forward cash balance of £24,329.35 gives closing reserves of £40,337.66. The income of £41,648.56 was mainly due to the Grant funding received during the year of £30,237.71. The Group would like to thank the following grant funders for their support of the group during the year. This financial support is much appreciated to assist in the provision of scouting activities. High Sheriff Coquet Trust Wellesley Trust Key fund James Knott Trust Frederick Milburn Trust Ridley Family Trust Community Foundation Northumberland County Council Despite Covid affecting activities during the year, the leaders ran on- line programmes which meant that the numbers of young people were maintained and no downturn in the value of subscriptions received was experienced. Expenditure was £25,640.25 and the single biggest expense item is the restricted grant funding (£10,294.97). This expenditure was incurred on the provision of some scouting activities during the year. Cleaning of the Headquarters saw an increase as more cleaning due to Covid was required after the Headquarters had been used. The total cash reserves on 31 December 21 were £40,337.66 including £3,039.03 of restricted 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. The Group Executive Committee considers that the Group needs reserves of approximately £15,000 to achieve this for up to two years, also taking into consideration any unexpected expenditure that may be required for the Group’s building. ## MA Munro MA Munro Group Treasurer **Income & Expenditure Account 2021** **For the Period 1 January 2021 to 31 December 2021** ## **Prior Year** |**Income**
Subscriptions
Neckerchiefs
Activity Deposits
Hire HQ
Gift Aid
Coffee Morning
Other
Grants|**Unrestricted**
**Restricted**
**TOTAL**
**Unrestricted**
**Restricted**
**TOTAL**
7,393.89
7,393.89
7,163.89
7,163.89
120.00
120.00
15.00
15.00
205.49
205.49
9,547.00
9,547.00
1,529.00
1,529.00
1,133.00
1,133.00
1,682.89
1,682.89
7,044.26
7,044.26
474.58
474.58
326.20
326.20
5.00
5.00
480.50
480.50
18,903.71
11,334.00
30,237.71
11,834.00
5,107.00
16,941.00
**30,314.56**
**11,334.00**
**41,648.56**
**37,543.85**
**5,107.00**
**42,650.85**
1,740.95
1,740.95
0.00
0.00
2,755.00
2,755.00
3,195.00
3,195.00
975.52
975.52
252.00
252.00
1,363.04
1,363.04
9,915.96
9,915.96
572.80
572.80
748.63
748.63
13.65
13.65
0.00
0.00
2,990.22
2,990.22
2,339.57
2,339.57
325.28
325.28
198.67
198.67
2,003.03
2,003.03
1,988.34
1,988.34
1,400.00
1,400.00
25.00
25.00
50.93
50.93
289.95
289.95
12.48
12.48
912.25
912.25
19.36
19.36
49.37
49.37
45.85
45.85
0.00
0.00
240.77
240.77
2,036.69
2,036.69
836.40
836.40
2,274.00
2,274.00
10,294.97
10,294.97
0.00
3,107.00
3,107.00
**15,345.28**
**10,294.97**
**25,640.25**
**24,225.43**
**3,107.00**
**27,332.43**
**14,969.28**
**1,039.03**
**16,008.31**
**13,318.42**
**2,000.00**
**15,318.42**
24,329.35
9,010.93
40,337.66
24,329.35
22,329.35
2,000.00
24,329.35
9,010.93
0.00
9,010.93
14,969.28
1,039.03
16,008.31
13,318.42
2,000.00
15,318.42
**37,298.63**
**3,039.03**
**40,337.66**
**22,329.35**
**2,000.00**
**24,329.35**
**STATEMENT OF RESERVES**
**As at 31 December 21**
**Prior Year**| |---|---| |**TOTAL**|| |**Expenditure**
Asset
Capitation Fees
Budget Activities
Activities
Badges & neckerchief
Coffee Morning
Insurance
Broadband
Heating
Cleaning
Other
Office
Photo copier
Property
Property Repairs
Electrical Work
Grant|| |**TOTAL**|| ||| |**Surplus / (Loss)**|| |**opening bank balance**
**closing bank balance**
Reserves b/f
movement in year|| ||| |**Closing reserves**|| To Michael Munro Treasurer, 2nd Cramlington Scouts 5th July 2022 Michael, 2nd Cramlington Scout Group accounts 2021 After independently examining your accounts presented for the year 1st January 2021 to 31st December 2021 and reviewing a sample of your income and expenditure I confirm my agreement with your entries and figures. Kind regards, Gerry Sothcott 07771 811441