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2025-03-31-accounts

THIRD WALSALL SEA SCOUTS REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

EDWARDS CHARTERED ACCOUNTANTS

Wincanton - Internal

Page 1

THIRD WALSALL SEA SCOUTS

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Charity Number 509463 Registration Number With Scout Association 4715 RN Recognised Unit No 8 Founded 1911

Trustees R B Griffiths R N Hinton T J Carver 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

Wincanton - Internal

Page 2

THIRD WALSALL SEA SCOUTS

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

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

Wincanton - Internal

Page 3

THIRD WALSALL SEA SCOUTS

Statement of Financial Activities
Income
Subscriptions
Donations and Fundraising
Room Hire
Sale of Boat
Grant
Bank Interest
Camp Surplus
Expenditure
Scout Association Levy
Boat and Equipment Repairs
Guardship Insurance and Repairs
Boat House - Chasewater
Insurance - Boats and Equipment
Depreciation
Training and General Expenses/Badges
Jamboree
Killock Expenses
Light, Heat
Insurance
Cleaning and Waste Disposal
Repairs and Maintenance
Rates and licences
Broadband
Net Income (Expenditure) for the Year
Fund Balances b/fwd 1 April 2024
Fund Balances c/fwd 31 March 2025
Notes Year Ended 31 March 2025
2025
2024
7,096
6,795
4,033
2,470
13,915
8,311
-
750
730
-
207
-
265
-
__
_
26,246
18,326
2,280
1,615
-
-
404
385
1,287
1,057
1,220
1,394
830
4,446
2,709
2,214
-
_
1,050
_
8,730
_
12,161
_
3,153
2,629
5,483
5,488
4,381
4,014
137
228
354
355
345
345
_
_
13,858
_
13,059
_
22,588
_
25,220
_
3,658
(6,894)
181,279
_
188,173
_
184,937
_
181,279
____

The notes on page 5 form part of the accounts.

Wincanton - Internal

Page 4

THIRD WALSALL SEA SCOUTS

Balance Sheet
Fixed Assets
Current Assets
Premium Bond
Amount due from Bank
Bar Stock
Debtors
Current Liabilities
Creditors
Net Current Assets
Funds Unrestricted
Notes
2
As at 31 March 2025
2025
2024
161,517
162,347
100
100
31,824
18,273
455
559
1,221
_
-
_
33,600
_
18,932
_
10,180
_
-
_
23,420
_
18,932
_
184,937
_
181,279
_
184,937
_
181,279
_

Approved by the Trustees on 17[th] November 2025 and signed on their behalf.

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

The notes on page 5 form part of these accounts.

Wincanton - Internal

Page 5

Notes to the Accounts

Year Ended 31 March 2025

THIRD WALSALL SEA SCOUTS

1) Accounting Policies

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.

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 2025
At 31 March 2024
Freehold
Property
160,340
-
_
160,340
_
-
-
_
-
_
160,340
_
160,340
Guardship
76,592
-
_
76,592
_
76,592
-
_
76,592
_
-
_
-
Boats &
Equipment
91,737
-
_
91,737
__
89,730
830
_
90,560
_
1,177
_____

2,007
Boats &
Equipment
91,737
-
_
91,737
__
89,730
830
_
90,560
_
1,177
_____

2,007
Total
328,669
-
_
328,669
_
166,322
830
_
167,152
_
161,517
_
162,347

_

_
_

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

This is in respect of an insurance claim held in advance of property repairs

Wincanton - Internal

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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 2025

We report on the accounts of the Trust for the year ended 31 March 2025, 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:

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:

have not been met; or

Edwards Chartered Accountants Aldridge, Walsall

17[th] November 2025

Wincanton - Internal