REGISTERED CHARrrY NUMBER: 522395 ort of the Trustses and Unaudited Financial Statements for the Year Ended 31 March 2024 The Llncolnshiro Coun Scout Coun Wright Wigar Limrted Chartered Accountants & Business Advis8rs 15 Newland Lincoln Lincolnshire LN1 1XG
The Lincolnshlre Coun Scout Council Contents of the Flnanclal Statemer for the Year Ended 31 March 2024 Page Report of the Trustees 1 to 5 Independent Examinorfs Report Stalement of Flnanclal Activilles Balan Sheot Notes to the Financial Statements 9 to 17
The Lincolnshire Coun Scout Councll ort of the Trustees for the Year Ended 31 March 2024 The Trustees pr8sent their report with the financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Pracli applicable to charities preparing their accounts in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES The Purpose ot Scouting Scouting exists to actively engage and support young people in their personal development, empowering them to make a posilive contribution to society. Lincolnshire County Scout Council oversees Scouting activity in Lincolnshire. The Values of Scouting As S¢outs we a guided by these values: Integrity - We act with integrity. we are honest. trustworthy and loyal. Respect- W8 have self-respect and r8spect for others. Care - We support others and take care of the worfd in which we live. Belief - We explore our faiths. beliefs and attiiudes. Co-operation - We make a posttive difference" we co-operate with other5 and make friends. The Scout Method Scouting takes place when young peop16, in parther5hip viith adults. work together based CKJ the values of Scouting and: enjoy what they ar8 doing and have fun tske part in activities indoors and outdoors leam by doing share in spiritual reflection tak8 responsibility and make choices undertake new and challenging activities make and live by their Promise. Signlficant actlvities A full report on the acttvities and achi8vements of the LinLx)Inshir8 County Sut Council are contained in the Lincolnshim County Scout Council 2023124 Review. Public boneflt The Lincolnshire County Scout Council meets the Charity Commission's public ben8fit criteria both under the advancement of education and the advancement of catizenship and community d8velopment. Grantmaklng Grant applications are assess8d by the Finan Committee on an individual basis and are then forward8d to the County Trustee Board for approval, rf above their delegated authortty of £1,000. There is a procedure for grants dispensed on behalf of the Richard Shaw fund. Grant applications from th8 Support and Opportunities Fund are assessed by a subcommittee of the Finan¢6 Committee. using criteria set and approved by th8 Trustee Board. All decisions are reported to the TfUSte6 Board. Volunteers The charity is reliant mainly upon its volunteer5 for the wDrk it does on a day to day basis. Although volunteers are reimbursed for expenses incurred if requested. the value of their time is not m6asur6d. Page 1
The Lincolnshire Coun Scout Council Re ort of tho Trustees for the Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Charltable activlties It has been a very acttve scouting year wilh Groups, Districts and County taking part in many camping ev8nls after previous years being affected by the pandemic. Whilst elements of this have been delayed nationally we 8ct that Transformation activity will significantly pick up pacè over the comiry year. The County Team also ran the "Lincs Fest" event in earfy October. This was an event for adult volunteers which provided the opportunity for over 150 adults to enjoy many adventurous activiti8s as well as attend seminars on various topics to support scouting to Ilourish across the County. It also provid8d some great social activitFes for our volunteers to enjoy with a campfire. quiz and live music. It is hoped this will LEcome a much valued annual event for members. The Chiller activity day also took placè at Walesby and was very successfvl. It included the intrcKluction of Chiller 24 for Explorer Scouts. Our water SASU also ran Beav8rs on Boats and Weekend on the Water. We saw good growth of youth members last year. wrth an increas8 of approximatety 7% across the County. Whilst this was not matched growth in our adutt membership we hope that our Transfomation programme this will aid us to recruit more adults and offer more opportunities to young people to engage in Scouting over the coming year5. Ongoing major activities have included Ihe continued rollout of a nationally drtven section for 4- and 5 year olds. Now in its third year, the early- years provision known as Squirrels is progressing well in Lincolnshire. D6spite the challenging circumstances at the Worfd Scout Jamboree in South Korea our 27 young people and their adult 18adetship team (and of course those who attended as members of the 1ST) had a fabulous experienc8. Special credtt n8eds to be given to the contingent leadership team th overcame substantial dtffiojlties lo deliver an excellent experience for the young people in their care. Finally. w6 would lik8 to take this opportunty to thank everyone who has a County or District role for their much valu8d support. We would also like to thank everyone involved in Scouting in Lincolnshire for everything thal you do, whether it's weekly, monthly, orjust once a year. Special thanks go to Amy Gilbert. who announced that she would be st8pping down in January, for all her hard work in supporting the delivery of qualty scijuting in the County and the enthusiasm she has shown in the role to take Lincolnshire to where it is now. Pag8 2
The Lincolnshire Coun Scout Council Re ort of the Trustees for the Year Ended 31 March 2024 FINANCIAL REVIEW Flnancial positlon The charity has applied its funds to sustain the day to day running of the organisailon in the county. It supports the adult m8mbers of the movement and helps deliver Scouting for the younger members. An annual budget is prepared and approved each year and compared against actual figures on a regular basis throughout the y8ar. There are also individual budget holders who submit budgets for their own op8rational areas and their actual figures are monitored against those budgets. The charity's primary source of income is through the raising of membership fees which it also collects on behaFF of Th8 Scout Association. its parent organisation. Membership fee income for the County is therefor6 based on m8mber number5 and the fee per member. Incom8 is also raised for specific events and is then spent on those events. Wlhere income is received andlor exp8nditure is spent in one financial year for an event taking place in the next financial year then these balances are carried forward to the year in which the 8vent takes place. Expenditure comprises a level of head office costs vthi(*J remains relativ6ly fixed, irrespective of member number5 and the level of activities, and direct expenditure on a wide variety of m8mb8r and leader events. These events are nomially budgeted to be breakeven after allowing for some contingency expenses. They often result in modest surpluses which are generally applied to enhancing fvture activities in the operational aaS in which they aros6. Each of the SASUS {ScoLrt Active Support Units) of the charity is required to maintain ad8quate financial records and these records are included in the County accounts. The County now has the abilty to keep individual budget holders abreast of the financial position of each of their units. The charity has applied its funds to Sustsin the day to day running of the organisation in the county. It supports the adult members of the movement and helps deliver Scouting for the younger members. Financlal positlon For the year ended 31 March 2024 membetship fee income was based on member numb&rs at th8 beginning of 2023. Total membership fee income has improved from the previous year as member numbers continued to improve and the membership fee incr8ased from £11.30 per person to £11.50. As a result. fee income incr8ased by neady 9 /0 to £61,260 (2023= £56,318). Overall charitable activities income increased substantially, to £234,379 {2023: £70,909) as the organisation continued to bounce back from the Covid restrictions of 2022. This financid year included major events such as the World Scout Jamboree in Seoul, South Korea as well as renewed Chiller and Lincub events. Expenditure on these charitable activities also. obviously. increased substantially as most events ran at approximatety breakev8n. The organisation continued to support Scouting throughout the County wilh grants from the Support and Opportunities Fund. A total of £17.268 was allocated in the year to many different projects to assist them in providing front lin6 activities for members. As a consequence of the above th6 net result for the tharity was that it achi8ved a deficit for the year of £17.796 (2023". deficit £43,771). The Board consider this satisfactory. Investment policy The Trustees seek to deposit surplus funds of the charity in FSCS covered companies to achieve the maximum reasonable income it can from its surplus funds whilst maintaining a low level of risk. This has become increasingly difficult as many high street banks have become reluctant to tak6 deposits from charttres. As a consequence the trustees have accepted that while the organisation spr8ads risk by using four separate d8posrt tskers, it does not always remain within th8 £85,000 government guaranteed limits with each of them. Recent increases in bank interest rates mean that our income from these deposits now achieves mor8 significant retums, with a total in Ihe period of £9.059 {2023.' £3,054). Page 3
Tho Lincolnshire Coun Scout Council Re ort of the Trustees for the Year Ended 31 March 2024 FINANCIAL REVIEW Reserves policy In the opinion of th8 Trustses the only restricted fund relates to the Richard Shaw Fund. The policy on reserves is to hold sufficient resources to continue the charitable activities of the county should membership income and fijndraising activities fall shorL Th8 Tnjstees recenuy reviewed this issue and now believe that the county should hold a sum equivalent to one y8afs running costs which is approximately £100,000. Additionally thè Trust8es wish to hold a general reserve of £100.000 against future Poacher shortfalls. This is in addition to the £26.409 designal8d Poacher fund which represents the charity's share of funds currendy in the Poach8r 2026 project. Poacher is expected to deliver a surplus to reflect the considerable support offered to it by both Lincolnshire County Scouts and Lincolnshir8 Guide groups. However it is prudent to retsin a resèrve in case a deficit arises in 2026. Designated funds at 31 March 2024, induding the specific Poacher Fund. the Support & Opportunities Fund and the Intemalional Opporiunities Fund amount to £78,829 (2023: £98,455). As at 31 March 2024, total r6seNes of the charity were £449.438 (2023: £467,234) of which £1.279 (2023.. £1,859) was restricted and £448,159 (2023: £465.375) was unrestrrcted. Alowing for the revised reserves policy of the charity this méans there are potentially surplus reserves of approximately £120.000 at the year end. The TnJstees are currently considering the best use of these surplus reserves. FUTURE PLANS Lincolnshire County Scout Council will be l¢Joking to continue incr&Ing our memb8r5hip to meet the tsrgets advised by The Scout Association HQ. There wll also be a focus on imp18menting new controls to mitigate the key risks for the charity and irnproving the ov8rall govemance. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The County's goveming documents are those of The Scout Association. Th8y consist of a Royal Charter, which in tum gives authority to the Bye Laws of the Assoaation and the Policy, Organisation and Rules (POR'S) of The Scout Association. Charity constitution The County is a trust established under its rules which are common lo all Scouts. The Charity Constitution is in line with the guidelines set by Scout HQ through the Policy Organisation and Rules and is reviewed periodically. Recwltment and appointmont of new trustees Trustees are appoinled in accordance with the Policy. Organisation and Rules of th8 Scout Association. Induction of nèw Trustees and training of the required modules under POR'S is conducted and monitored. Organisational structure The County is managed by th8 County Tmstees Board. the members of which are the 'Charity Trustees". As charity trustees thèy are responsible for Complying with legislation applicable to tharities. This includes the requirem8nl to keep proper accounts. Rlsk management The Trustees have a duty to identify and review th8 risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustee Board has identified the major risks to which they believe the County is exposed., These hav8 be8n reviewed and systèms have been 8Stablished to mitigate against them. The main areas of concem that have been identified are: - The amount and placing of Reserves - an ongoing review is in place to detennine utilisation of reseNes Lack of Adult membership to suit demand - Awareness of the implications of th6 Transfom)ation of Trustee Boards in Scouting to align with Scouting Policy and Rules Page 4
Tho Lincolnshire Coun Scout Council Re ort of the Trustees for the Year Ended 31 March 2024 REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charity number 522395 Principal address Lincolnshire County Scouts Greeell Plac6 2 Lirneknln Way Lincoln LN2 4US Trusteos Trustees: Ex Offlcio Mr J Newlov8 P D Williams SCBurt A Gilbert E Broorne County Chair County Treasurer County Secretsry County Commissioner County Youth Commissioner Trustees: Electad C Greig A Walton l Kingdom S Aumais (Resigned 16.09.23) Truslees." Nominatèd CMBurt CLee S Henry M Campb811 Mrs C Roberts J Wand (Resigned 16.09.23) (Appointed 16.09.23) Trustees: Voice of Young People R Flint {Resigned 16.09.23) Trustees Appointed Sin¢0 The Year End H Nelson (Appointed 24.05.24) Trustees Rasignèd Slnce The Year End A Gilbert (R6signed 24.05.24) Léad Volunte8r County Commissioner Indepondent Examiner Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG Bankors Santander PLC Bridle Road Bootle L30 4GB County Registration Number 13310 Approved by order of the board of twstees on 16 July 2024 and signed on its behalf by: Howard Nelson - Trustee Page 5
Inde endent Examinerfs Re The Lincolnshire Coun ort to Ihe Trustees of Scout Council Independent examlnerfs report to the trustees of Tho Lincolnshire County Scout Council I report to the charity trustees on my examination of the accounts of The Lincolnshire County Scout Council (the Trust) for the year ended 31 March 2024. Rosponslbilities and basls of report As th8 charity tnjstees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of th8 Charities Act 2011 (Ihe ACV). I report in respect of my examination of th8 Trusvs accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all appIlble Directtons given by the Charity Commission under Section 145(5)Ib) of tt)e Act. Independent examinerfs statement Sinc8 your charity's gross income exce8ded £250.000 your examiner must be a member of a listed body. I can confimi that l am qualified to undertake the examination becaus6 1 am a member of the Institute of Charterèd Accountants in England and Wales. which is one of the listed bodies. I hav6 completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting r8cords were not kept in respect of the Trust as required by Section 130 of the Act: or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no cOnmS and have come across no other matters in connection wtth the 8xamination to which attention should be drawn in this report in ord6r to enable a proper understanding of the accounts to be reached. James S8well BA{Hons) FCA CTA Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG 16 July 2024 Page 6
The Llncolnshire Coun Scout Councll Statement of Flnancial Activlties for tho Year Ended 31 March 2024 2024 Total fijnds Unrestricted funds 2023 Total funds Restricted fund INCOME AND ENDOWMEKfs FROM Donations and legacies Notes 62.238 62.238 56,318 Charitable activities Scouting activities Training 232,682 1.697 232,682 1.697 70,088 821 Inv8Stment income Othèr income 9.059 9,059 3,054 37.085 Total 305,676 305,676 167,366 EXPENDITURE ON Charltable activities Fundraising and grants Scouting activities Training Development Share of loss on Poacher Support 187 262,943 18.212 643 187 263,523 18.212 643 66 89.826 13.745 10,979 46,700 49.821 580 40,907 40.907 Total 322.892 580 323 472 211,137 NEf INCOMEI{EXPENDITURE} (17.216) (580) (17.796) (43,771) RECONCILIATION OF FUNDS Total funds brought forward 465.375 1.859 467,234 511,005 TOTAL FUNDS CARRIED FORWARD 448,159 1,279 449,438 467,234 The notes fonn part of th8se financaal statsments Page 7
The Lincolnshlre Coun Scoul Council Balance Sheet 31 March 2024 2024 Total funds Unrestricted funds 2023 Total funds Restricted fund Notes FIXED ASSETS Tangible assets Inveslments 2.973 2,973 50 3,265 50 3.023 3,023 3,315 CURRENT ASSErs Debtors Inv8Stments Cash at bank 10 11,961 239.325 368.832 11,961 239,325 370.111 121,386 233.041 412,080 1,279 620.118 1.279 621,397 766,507 CREDITORS Amounts falling due within one year 12 (174,982) (174.982) (302,588) NET CURRENT ASSETS 445,136 1.279 446.415 463 919 TOTAL ASSETS LESS CURRENT LIABILITIES 448.159 1.279 449,438 467.234 NET ASSETS 1.279 449.438 467,234 FUNDS Unrestricted funds Restricted funds 13 448,159 1,279 465,375 1,859 TOTAL FUNDS 449,438 467,234 Thè financial statements were approved by the Board of Truste8s and authorised for i5SU8 on 16 July 2024 and were signed on its beha by: Howard Nelson - Trustee The notes fom part of these financyal statsm8nts Page 8
The Lincolnshire Coun Scout Council Notes to the Flnancial Statoments for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financlal statements Th8 financial ststements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporbng by Charities: Statement of Recommend8d Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and R8public of Ireland {FRS 102) (effectrv6 1 January 20191,, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared und8r the historical cost convèntion. vèith trJ8 exception of investments which are induded at market value. The trustees consider that there are no mat8rial uncertainties about the charivs ability to continue as a going concem. Income All income is recognised in the Statement of Financial Activities once th8 charity has entitlement to the funds, it Is probable that the Inrne will be received and £he amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing th8 charity to that expenditure. it is probable that a transfer of economic beneffts will be required in settlernenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has be8n classified under headings that aggregate all cost related to the catsgory. Where costs cannot be diredly attributed to parbcular headings they have been allocated to acttvities on a basis consistent with the use of resources. Allocatffion and apportionment of support costs Support Costs relate to the management of the charity and support of Scouting activities throughout the scout county of Lincolnshire. Where support costs cannot be directy allocatèd to a specific project they are allocated to diff8rent activities of the charity in proportion to the direct charitsble 8xpenditure on the activities. Tangibl• fixed assats Depr8ciation is provided at the following annual ratès in ord6r to wrtte off eath asset over its estimatsd us8ful life. Plant and machinery 25% on cost Fixtures and fittings Comput8r equipm8nt 25% on reduang balanc8 33% on cost Fixed assets with a value of £250 and above are capitalised. Taxation The charity is exempt from tsx on its charttable activities. Fund accounting Unrestricted fijnds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restriction8 arise wh8n specified by thè donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements. Pansion costs and other postntirement benefits The charity operates a defined ntributiOn pension scheme. Contributions payable to the charity's pension scheme are charged to the Stat8ment of Finanal Activities in th8 period to which thèy relate. Investments Inv8Stments are reviewed regularly and are shown in the financtal statements at their year end market valu8. Income received on investments is available for distribution by the Trustees in line with the objeclives of the Charity and is accordingly shown as unrestrtcted income in the Statement of Finanaal Activitl8S. Page 9 continued...
The Lincolnshire Coun Scout Council Notes to the Flnancial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continuod Financial Instruments The Company only enters into basic financial instrument transactrons that r8suIt in the recognition of financial assets and liabilities like trade and other debtors and creditors. l¢)ans from banks and othèr third parbes, loans to related parties and investments in ordinary shares. Financial ass8ts that are measured at cost and amortised cost are assessed at th8 end of each r81)orting period for objective evidence of impairm6nt. If objective evidence of impaiment is found. an impairment loss is recognised in the Statsrn8nt of Comprehensive Income. For financial assets measured at cost less impaiment. the impairment loss is measur8d as th8 differ8nce beleen an asset's carrying amount and best estimats of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at Ihe balance sheet date. INVESTMEKf INCOME 2024 2023 Deposit account interest 9,059 3,054 CHARITABLE ACTIVITIES COSTS Support costs {see not8 4) Direot Tota15 Fundraising and grants Scouting activities Training Development Support 187 243.976 18.212 643 8.619 187 263,523 18,212 643 19,547 32,288 271637 51,835 323,472 SUPPORT COSTS Govemance costs Management Totals Scouting acttvities Support 19,547 9.094 19.547 32,288 23,194 28,641 23.194 51.835 Page 10 continued...
The Lln¢olnshire Coun Scoul Council Notes to the Financial Statements - continuod for the Year Ended 31 March 2024 INDEPENDENT EXAMINERS REMUNERATION Acwuntancy and independent examination fees have been incurred in the year as follows.. 2024 2023 Independent examination Other accountancy seNices 2.250 535 2,120 293 2.785 2.413 TRUSTEES. REMUNERATION AND BENEFITS No trustees were remunerated for their rolè as a trustee of the tharity. During the y8ar ended 31 March 2024. S C Burt received remun8ration of £20,217 (2023: £18,136) for carrying out bookkeeping and Company Secretary duties. Trustees. oxpenses During the year ended 31 March 2024, 4 Trustees were reimbursed for expenses incurred. The total of these reimbursernents was £2,479 {2023: £693). The nature of the reimburs8d expenses were travel, post and stationery costs. STAFF COSTS The average monthly number of employees during the year was as follows: County Secretary 2024 2023 No •mploy86s recetved emoluments in excess of £60.000. TANGIBLE FIXED ASSETS Ftxtures and fittings Plant and ma¢hin8ry Computer equipment Totals COST At 1 April 2023 Additions 108,421 350 14.285 122,706 1,863 1,513 At 31 March 2024 108.771 1.513 14.285 124.569 DEPRECIATION At 1 April 2023 Charge for year 105.156 1.774 14,285 119,441 2,155 381 At 31 March 2024 106,930 381 14.285 121,596 NET BOOK VALUE Al 31 March 2024 1,841 1,132 2,973 At 31 March 2023 3,265 Page 11 continued...
The Lincolnshire Coun Scout Council Notes lo tho Financial Statements - continued tor the Yoar Ended 31 March 2024 FIXED ASSEf INVESTMENTS Unlisled investments MARKET VALUE At 1 April 2023 and 31 Marth 2024 50 NET BOOK VALUE At 31 March 2024 At 31 March 2023 50 There were no investm8nt assets OLrtside the UK. Poacher Trading Limited Lincolnshire County Scout Council holds 50Y. (2023: 50%) of the share Capttal in Poacher Trading Limited. J Newlove and A Gilbert held positions as trustees in the year and have also been direotors in Poacher Trading Limit8d during the same p8ri0d. No distribution was declar8d by P¢)acher Trading Limited during the year ended 31 March 2024 (2023: £nil). Poacher Trading Limited has elected to donate all trading profits. a 50% share amounting to £26.409 has been accounted for in the aounts under unlisted investrnents. 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments and accrued income 45 11.916 100 121,286 11,961 121,386 Prepayments include amounts prepaid towards camps and events occurring after th8 year end totalling £11.916 {2023: £13.784). 11. CURRENT ASSET INVESTMENTS 2024 2023 Unlisted inveslments Bonds 26,409 212.916 26,409 206.632 239.325 233.041 Page 12 continued...
The Llncolnshire Coun Scout Council Notes to the Financial Statements - continued for the Year Endod 31 March 2024 12. CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YEAR 2024 2023 Trade ¢reditors Other creditors 2,612 172,370 4.953 297,635 174.982 302,588 Deferred Income Amounts released Amounts d8ferred At 1.4.23 At 31.3.24 Intemalional trips UK carnps and events Membership fees 108.703 (108.703) 1.560 1,560 186,594 167.904 167.904 295.297 295.297) 169,464 Income has been deferred where the charity is not enttued to Spend the funds until a dat8 specifi8d aft8r the year ènd. 13. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestricted funds General fund Designated fund: Global Adventure Designated fund: Go karts Designated fund- Training Designated fund: Beavers. Cubs. Scouts. Explorers & D of E Designated fund- Development Designated fund: Intemational Activities Designated fvnd- Intemational Opportuniti8S Designated fund-. Three Arrows SASU Poacher Intemational Jamboree Designated fund: Water Active Support Unit Designated fund: Support and Opportunities Designated fund.. Chiller Designated fund: Chiller 24 367,412 5.333 8,827 6,798 10.918 (9,000) 369,330 5.417 6.657 7,101 (2.170) 303 9,455 6,285 1.664 (6.184) {43) 1731) 3,271 6,242 933 8,063 1.814 26,409 (600) 675 4.000 11.463 2,489 26,409 1.092 (93) 999 19,617 2.606 {17.268} (2.476) 369 5,000 7.349 130 369 Restricted funds Richard Shaw 465,375 (17.216) 448,159 1,859 1.279 TOTAL FUNDS 467.234 449.438 Page 13 continued...
The Llncolnshlre Coun Scout Councll Notes to the Financial Statements - continued for the Year Ended 31 March 2024 13. MOVEMENT IN FUNDS - contlnued Net movement in funds. induded in the above are as followB: Incoming resources Resources expended Movement in funds Unrestricted funds General fvnd Designated fund: Global Adventuré Designated fund.. Go karts Designated fund: Training Designated fvnd: Beavers, Cubs. Scouts. Explor8rs & D of E Designated fund.. Development Designated fund: Intemational Actrvities Designated fund: Intemational Opportunities Désignated fund.. Three Arrows SASU Designated fund: Water Active Support Unit Designated fund: Support and Opportunities Designated fund: Chiller Designated fvnd- Chiller 24 72.747 551 5.288 1.247 (61.829) 1467) (7,458) {944) 10,918 (2,170) 303 52.858 (59,042} (43) {127,250) (6.184) (43) {731 } 126.519 1600) (600) 675 675 4.689 (4.782) {93) {17,268) (36,644) 34,168 6,934 {17.268) (2,476) 369 Restricted fiinds Richard Shaw 305.676 (322.892) (17.216) TOTAL FUNDS 305.676 323,472) 17,796) Page 14 continued...
The Lincolnshire Coun Scout Council Notes to the Financial Statements - contlnued for the Year Ended 31 March 2024 13. MOVEMENT IN FUNDS- continuèd Comparatives for movemont in funds N8t movement in funds Transfers betsve8n funds At 31.3.23 At 1.4.22 Unrestricted funds Gen8ral fvnd Designatéd fund.. Global Adventure Designated fund: Go karts Designated fund: Training Designat6d fund: Beavers. Cubs. Scouts. Explorers & D of E Designated fund= Development Designated fund: Intemational Activities Designated fund: Intemational Opportunities Designated fijnd: Three Arrows SASU Poacher Inlemational Jambore8 Designated fund.. Water Active Support Unit Designated fund: Support and Opportunities Designated fund: Chiller 350,920 1.457 9.691 8,409 22,492 3,876 (864) (1.611) (6.000} 367.412 5,333 8,827 6.798 9.323 10.614 132 {4.329) 9,455 6.285 1.664 8.713 713 73,109 (6,650) 1,101 (46.700) 6,000 8,063 1,814 26.409 5.712 (4.620) 1.092 28.498 323 (8.881) 2,283 19.617 2,606 Restricted funds Richard Shaw 509.146 {43.771) 465,375 1,859 1,859 TOTAL FUNDS 511.005 43,771) 467,234 Comparative n8t movement in funds. induded in the above are as follows: Incoming r8sources Resourc8S 8xpend6d Movement in funds Unrestrlcted funds General fund D8signaled fund: Global Adventure Dèsignated fund.. Go karts Designated fund= Training Designated fund: Beavers. Cubs, sUts. Explorers & D of E Designated fund: Development Designaled fund: Intemational Opportunities Designated fund: Three Arrows SASU Poacher Intemational Jamboree Designated fund.. Water Active Support Unit Designated fund: Support and Opportunities Designated fund: Chiller 121.499 4.877 6.750 597 (99,007) (1.001) 17,614) (2,208) 22,492 3,876 {864) (1.611) 1.981 {1,849) (4,329) 132 (4.329} (6,650) (111) {46.700} 1.212 {6,650) 1,101 (46.700) 1,579 (6.199) (4.620} (8.881) 26,588) 28.871 (8,881) 2,283 167,366 211,137 43,771) TOTAL FUNDS 167,366 211,137) 43,771) Deslgnated fund: Global Adventure This is an activity team which attènds events and takes equipment to run activities for participants. Income is the amounts they receive from 8vents and expenditure is the costs incurred for staff to stay on site. Page 15 continued...
The Lincolnshlre Coun Scout Council Notes to the Financial Statements - continued for the Year Ended 31 March 2024 MOVEMENT IN FUNDS- continued 13. Designatsd fund: Go karts This is a Scout Active Support Untt which runs Go Karting at events and at weekends trtroughout the summer. Income is generated from this and expenditure is in relation to building and repairing the karts and transporting staff and karts to sites. Deslgnated fund: Tralning The is set aside for Lincolnshire County Scout Council to run training events for volunte8rs and Young Leaders in Lincolnshire Scouting. Dèsignated fund: Beavers, Cubs. Scouts, Explorers & D of E The funds designated hav8 be8n received towards events specific to young8r partictpants in Lincolnshire Scouting and the expenditure is on running th6se events. There are multiple events during each y8ar and therefore the amounts received, spent and held in rèserves will fluctuate. Deslgnated fund: Developrnent This is an amount designated for the purposes of ¢)ffering more and better activities within Scouting in Lincolnshire whère there are relatively small costs to do so. Designated fund: International Activities There are multiple intemational ev8nts each year which are each budgeted to be break8ven or to mak8 a small surplus. Th8 actual surpluses, and sometimes defictts. on these events are accumulated in this fund. Any balances in the fund may be used to cov8r miscellaneous purchases and exp8nses for the bènefit of futur8 int6mational events. Designated fund: Intornatlonal Opportunlties This fund is int6nded to promote participation in intemational events by members of the Lincolnshire scouting cornmunity. It is funded by an annual transfer from the General reserve and is utilised through grants to individual members or groups in respect of speryfic intemational events. Designated fund: Three Arrows SASU This tearn operates a survival skills base at events and camps throughout the year and income is received by att8nding them. Expenses incurred relate to repairing tools, purthasing consumables for thè sknlls and travel for volunteers attending. Designated: Poacher Intemallonal Jamboree This amount is a half of the reserves held within the Poacher joint venture accounts and is h8ld in a separate Poacher bank account. Should Poacher Cease to run. the reserves would be distributed. The last Poacher event was held in August 2022 and the 105s arising from this èvent amounted to £46.665 which has been included in the 2023 accounts. Profits from Poacher Trading Limited amounted to £26,951 and losses from the joint venture amounted to £120.352 a net loss of £93.400 of which 50% - £46,700 is attributsbl8 to The Lincolnshir8 County Scout Council. Deslgnated fund: Chiller This fund is intended to fund the yearfy scouting 'ChilleV camp. Inrne 1$ r1ved from payments to attend the camp. Expenses incurred consist of hiTr of ¢amp activities. and travel for camp volunteers. Deslgnated fund: Chiller 24 This fund is intended to fund the yearfy Chiller 24 camp. Income is reiVed from payments to attend the camp. Expenses incurred consist of hir8 of camp aclivities. and travel for camp volunteèrs. Designated fund: Water Activities Support Unit This team operates a watsr activities base at events and camps throughout the year and income is received by attending them. Expenses incurred relate to purchase of new equipmen( maintenance of existing equipm8nt including safety and r8SCU8 equipment and travel for volunteer5 attending. Designated fund: Support and Opportunlties This fund is intended to support people and scouting groups with the costs associated with opportunities such as camps, new equipment or attending other èvents whrch thèy Vuld not otherwise be able to afftird. Restricted fund: Richard Shaw This fund was set up by a previous County Commissioner and the fund is restricted. Requests are submitted to R Shaw lo spend the funds. Page 16 continu6d...
The Lincolnshire Coun Scout Council Notes to the Finan¢ial Statemonts - continued for the Year Endod 31 Mah 2024 MOVEMENT IN FUNDS - continued Transfers between funds 13. Intemational Each year the County Executive agrees an amount to be transferred from general reserves to an intemational fund to assist with the promotion of intemational evènts. In the year end6d 31 March 2023 th8 amount transtsrred was £6.000 {2022.' £4.000). Support and Opportunities Fund This fund ha5 been established to provide ongoing financial support to units across the county to assist them to improve programmes andlor facilities and to help them grow membership participation and numbers. In thé year ended 31 March 2024 the amount transferred to this fund was £5.000 (2023: £nil). RELATED PARTY TRANSACTIONS 14. The Scout Assoclation The Scout Association exists by authority of Royal Charters. which give authority to the Bye Laws of the Association, which are approved by Her Majesty's Privy Council. The Bye Laws, in tum. authorise the maknng of rules for the regulation of the Association's affairs. as detailed in "Policy. Organisation and Rul8S'. During the year the charity collected £189,109 (2023: £171.637) in membership subscription on behalf of The Scout Association. There were no amounts due at the year end. If Lincolnshire County Scout Council should as6 to operate. The Scout Association will take titte of th8 charity's funds. Page 17