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

## **EDWARDS CHARTERED ACCOUNTANTS** 

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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 

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## 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 

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## THIRD WALSALL SEA SCOUTS 

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

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## THIRD WALSALL SEA SCOUTS 

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

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Notes to the Accounts 

Year Ended 31 March 2025 

## 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** 

|<br><br>**Cost**<br>B/F<br>Additions<br>**Depreciation**<br>B/F<br>Charge<br>Net Book<br>Values at<br>31 March 2025<br>At 31 March 2024|Freehold<br>Property<br>160,340<br>-<br>_______<br>160,340<br>_______<br>-<br>-<br>_______<br>-<br>_______<br>160,340<br>_______<br>160,340<br>|Guardship<br>76,592<br>-<br>_______<br>76,592<br>_______<br>76,592<br>-<br>_______<br>76,592<br>_______<br>-<br>_______<br>-<br>|Boats &<br>Equipment<br>91,737<br>-<br>_______<br>91,737<br>______<br>89,730<br>830<br>_______<br>90,560<br>_______<br>1,177<br>_______<br> <br>2,007<br>|Boats &<br>Equipment<br>91,737<br>-<br>_______<br>91,737<br>______<br>89,730<br>830<br>_______<br>90,560<br>_______<br>1,177<br>_______<br> <br>2,007<br>|Total<br>328,669<br>-<br>_______<br>328,669<br>_______<br>166,322<br>830<br>_______<br>167,152<br>_______<br>161,517<br>_______<br>162,347<br>|
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Freehold Property is insured in the sum of £500,574. 

- 3) Creditors £10,180 

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

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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: 

- 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 

17[th] November 2025 

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