2022-02-28-accounts

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Risk and Internal Control
The District Executive Committee has identified the major
risks to which they believe the District is exposed, these	hav
been reviewed and systems have been established to
mitigate against them. The main areas of concern that have
been identified are:
Financial: The District 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 a comprehensive insurance
policy to ensure that insurable risks are covered.
The District is primarily reliant upon income from
subscriptions. The District does hold a reserve to ensure	the
continuity ofactivities should there be a major reduction	in
income. The Committee could raise the value of
subscriptions to increase the income to the group on an
ongoing basis, either temporarily or permanently.
Willesley Scout Campsite: Damage to the building,
property and equipment. The District has sufficient buildings
and contents insurance in place to mitigate against
permanent loss.
Volunteers: Injury to leaders, helpers, supporters and
members. The District through the capitation fees contributes
to the Scout Associations national accident insurance policy.
Risk Assessments are undertaken before all activities.
The District is totally reliant upon volunteers to run and
administer the activities ofthe District Ifthere was a
reduction in the number ofleaders to an unacceptable level
in a particular Group or the District as a whole then there
would have to be a contraction, consolidation or suspension
ofa Group/District. In the worst case scenario the complete
closure ofa Group or District.
Reduction orloss ofmembers. The District provides
activities for all young people aged 6to 18.Ifthere was a
reduction in membership in a particular section ora Group as
whole then there would have to be a contraction,
consolidation or closure ofthe section. In the worst case
scenario the complete closure ofthe Group.

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									The Purpose ofScouting
Summary	of	the	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 ofthe			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 INethod
									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	of	the	main activities			in	relation
to these	objects
									Provision on District Activities. Ownership	and		operation			of
									Willesley Scout Campsite
Public benefit		statement							The District meets the Charity Commission's		public benefit
									criteda under both the advancement ofeducation				and	the
									advancement ofcitizenship or community	development
									headin s.
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Summary		ofthe		main achievements				of	Restablishing good levels ofScouting membership
			the	charity during			the	year	(volunteers and young people) post Covid	restrictions.
									Facilitating Group operations where difficulties			and provision
									as Willesley Scout Campsite for meetings	and		overnight
									experiences as restrictions permitted.

Briefstatement	Briefstatement	ofthe charity's	policy on
reserves				Reserves Policy
				The District's policy on reserves is to	hold sufficient
				resources to continue the charitable activities of the		Distric
				should income and fundraising activities	fall short.		The
				District Executive Committee considers	that the	Distric
				should hold a sum equivalent to 12 months running			costs,
				circa f10000.
				The District held reserves of approximately	PS000	agains
				this at year end in deposit accounts over	620,000	in	cash
				accounts.
Quantify	and explain any designations
Details ofany funds materially			in deficit
(circumstances		plus steps to eliminate)
Further	financial	review details	(optional	information)
				Investment Policy
				The District's Income and Expenditure is very small and			as a
				consequence does not have sufficient funds	to invest	in
				longer-term investments such as stocks and	shares. The
				District has therefore adopted a Iow risk strategy to the
				investment of its funds. All funds are held in	cash using		only
				mainstream banks or building societies or The Scout
				Association's Short Term Investment Service.
				The District Executive regularly monitors the	levels of	bank
				balances and the interest rates received to ensure the		group
				obtains maximum value and income from its	banking
				arrangements. Occasionally this may involve	using an
				account that requires a period of notice before funds may be
				withdrawn, before doing so the District Executive considers
				the cash flow requirements.