2022-03-31-accounts - 3rd Walsall Sea Scouts

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THIRD WALSALL SEA SCOUTS REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

EDWARDS CHARTERED ACCOUNTANTS

Page 1

THIRD WALSALL SEA SCOUTS

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

Charity Number 509463
Registration Number With Scout Association 4715
RN Recognised Unit No 8
Founded 1911
Trustees	R B Griffiths
	Dr B Johnson
	R N Hinton
Group Scout Leader	S Hewitt
Group Chairman	R B Griffiths
Hon Secretary	J Rix
Hon Treasurer	R J Walton
Independent Examiner	Edwards Chartered Accountants
	34 High Street
	Aldridge
	Walsall
	WS9 8LZ
Bankers	Lloyds Bank plc
	The Bridge
	Walsall
	WS1 1LU
Headquarters	Killock
	Longwood Lane
	Walsall
	WS4 2JR

Page 2

THIRD WALSALL SEA SCOUTS

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

Objects

In accordance with that of the Scout Association to promote the development of young people in achieving their full physical, intellectual, social and spiritual potentials, as individuals, as responsible citizens and as members of their local, national and international communities.

The group is an open group of mixed membership.

Activities

Training and activities have continued at a high standard in accordance with its objectives.

The group has sufficient leaders to fulfil its objectives safely. Leaders and instructors are well motivated highly qualified and fully capable of delivering the required training programme.

Buildings and equipment are to a high standard and regularly maintained.

Training activities are centered at our own purpose built establishments.

Headquarters Killock Training ship SS Pole Star Log cabin settlement in Shropshire

Following an annual inspection by the Royal Navy the group retains its Royal Naval recognition which it has competitively maintained since 1942.

Finances

The Trustees are of the opinion that the group is financially able to fulfil its objectives.

………………………………………… R B Griffiths Trustee

Page 3

THIRD WALSALL SEA SCOUTS

Statement of Financial Activities Income Subscriptions Donations and Grants Room Hire Social Events and Bar Triathlon Marshal Trident/Reunion Expenditure Scout Association Levy Boat and Equipment Repairs Guardship Insurance and Repairs Boat House - Chasewater Insurance - Boats and Equipment Depreciation Training and General Expenses Wrekin Cabin Expenses T-Shirts and Badges Killock Expenses Light, Heat Insurance Cleaning and Waste Disposal Repairs and Maintenance Rates and licences Broadband Bailiff Security Fees Net Income (Expenditure) for the Year Fund Balances b/fwd 1 April 2021 Fund Balances c/fwd 31 March 2022	Notes	Year Ended 31 March 2022 2022 2021 7,694 2,293 13,952 13,052 6,681 5,302 262 671 - 1,529 - _ 2,268 _ 28,589 _ 25,115 _ 2,408 2,002 655 - 350 350 655 611 1,356 922 4,799 4,774 911 524 - 10 704 _ 27 _ 11,838 _ 9,220 _ 2,063 3,058 4,763 4,632 3,000 1,913 1,150 9,821 315 341 288 288 - _ 2,370 _ 11,579 _ 22,423 _ 23,417 _ 31,643 _ 5,172 (6,528) 191,796 _ 198,324 _ 196,968 _ 191,796 _
		2022 7,694 13,952 6,681 262 - - _ 28,589 _ 2,408 655 350 655 1,356 4,799 911 - 704 _ 11,838 _ 2,063 4,763 3,000 1,150 315 288 - _ 11,579 _ 23,417 _ 5,172 191,796 _ 196,968 _

The notes on page 5 form part of the accounts.

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THIRD WALSALL SEA SCOUTS

Balance Sheet Fixed Assets Current Assets Premium Bond Amount due from Bank Bar Stock Prepayments Current Liabilities Creditors Net Current Assets Funds Unrestricted	Notes 2	As at 31 March 2022 2022 2021 171,592 176,134 100 100 23,296 15,003 559 1,421 _ 559 - _ 25,376 _ 15,662 _ - _ - _ 25,376 _ 15,662 _ 196,968 _ 191,796 _ 196,968 _ 191,796 _

Approved by the Trustees on 25th January 2023 and signed on their behalf.

………………………………………… R B Griffiths Trustee

The notes on page 5 form part of these accounts.

Page 5

Notes to the Accounts

Year Ended 31 March 2022

THIRD WALSALL SEA SCOUTS

1) Accounting Policies

a) Basis of Accounting

These accounts have been prepared under the historic cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting by Charities.

b) Provision for depreciation of fixed assets held for use by the charity is made at annual rates calculated to spread the cost of each asset evenly over its expected useful life.

The depreciation rates currently in use on straight line

Freehold property Nil Guardship Over 30 years Boats and equipment Over 10 years

2) Fixed Assets

Cost B/F Additions Depreciation B/F Charge Net Book Values at 31 March 2022 At 31 March 2021	Freehold Property 160,340 - _ 160,340 _ - , _ - _ 160,340 _ 160,340	Guardship 76,592 - _ 76,592 _ 68,931 2,553 _ 71,484 _ 5,108 _ 7,661	Boats & Equipment 91,480 257 _ 91,737 _ 83,347 2,246 _ 85,593 _ 6,144 _ 8,133	Total 328,412 257 _ 328,669 _ 152,278 4,799 _ 157,077 _ 171,592 _ 176,134

Freehold Property is insured in the sum of £500,574.

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THIRD WALSALL SEA SCOUTS

Independent Examiners Report to the Trustees of Third Walsall Sea Scouts

Independent Examiners’ Report on the Accounts Year ended 31 March 2022

We report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 1 to 5.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is our responsibility to:

examine the accounts under section 145 of the Charities Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5) (b) of the Charities Act; and
to state whether particular matters have come to our attention.

Basis of independent examiner’s report

Our examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with our examination, no matter has come to our attention:

(1) which gives us reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Edwards Chartered Accountants Aldridge, Walsall

25th January 2023