OpenCharities

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2023-03-31-accounts

Risk and Internal
Control
The group has in place systems of internal controls that are
designed
to provide reasonable
assurance
against material
mismanagement
or loss, these include 2 signatories
for all
payments
and comprehensive
insurance
policies to ensure
that insurable
risks are covered.
The Purpose ofScouting
Summary ofthe objects ofthe charity set Scouting exists to actively engage and support young people
out in its governing document in their personal
development,
empowering
them to make a positive contribution
to society.
The Values ofScouting
As Scouts we are guided
by these values:
Integrity - We act with integrity;
we are honest,
trustworthy
and loyal.
Respect - We have self-respect and respect for others.
Care - We support
others and take care of
the world
in
which we live.
Belief - We explore our faiths, beliefs and attitudes.
Co-operation
-We make a positive difference;
we co-
operate
with others and make friends.
The Scout Method
Scouting takes place when young people, in partnership with
adults, work together based on the
values ofScouting and:
-enjoy what they are doing and have fun
-take part in activities indoors and outdoors
- learn by doing
-share
in spiritual
reflection
-take responsibility
and make choices
- undertake
new and challenging
activities
- make and live by their Promise.
Summary ofthe main activities in relation
to these objects
all sections
enjoy a varied weekly
program
~ contribution ~ contribution made by volunteers; volunteers; volunteers;
policy on investments .we value all time given by volunteere
who
give up their time
to enable our events to ha en safel
Public benefit statement The Group meets the Charity Commission's public benefit
criteria under both the advancement
of education
and the
advancement
of citizenship
or community development
headin
s.
~ ~
Summary ofthe main achievements of
the charitY during the Year We have succesfully
updated
our heating
system
to run
more efficiently. Scout camps have been succseful and well
attended.
Brief statement
ofthe
charity's policy on
reserves 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.
The
Group Executive Committee
considers
that
the group should
hold a sum
equivalent
to 12 months running costs, circa
f20,000.
The Group
held reserves
of approximately L'20,000 against
this at year end.
Quantify and explain any designations
investment policy and objectives;
Investment
Policy
The Group does not have sufficient funds to invest
in longer
term
investments.
The Group
has therefore
adopted a risk
averse
strategy to the
investment
of its
funds. All funds are
held
in
cash
using
only mainstream banks or
building
societies.