Scouts 124th Nottingham Scout Group Trustees, Annual Report for the Year Ending 31 March 2025 FTnancial Review The Group received a total income of £46,075.19 The Group's policy on reserves is to hold sufficient funds to continue the charitable activities of the group for one year should income and fund-raising activities fall short. The Group held General Fund reserves of £30,OIXI at the end of the financial year and we think this remains important due to uncertainty on general costs, energy prices and other inflaiionary rises. Over the next 2-5 years we have identifted a number of costs around securing the future lease and for capital improvements to the building. The Executive Group's view is this is suitable long-term investment for the 124th future and we have made the decision to increase this fund by £4,240 in the year to carry £19,240 in designated reserve funds to cover these costs. The Group also has increased the designated reserve fund for the purpose of obtaining a new minibus (once it is deemed necessary to do sol by £2.000 to £23,500. The Group has continued to hold the John Spence restricted fund 'tO SUPPOrt international travel opportunitiesfor those young people, needingfinancial support in order to undertake the experiences this trovel bring5'. The GroLtp adopts a low risk strategy to the investment of its funds and hence all funds are held in cash using only banks or building societies,. this year has seen the management of funds across short term140 days) and long term1200 days) fixed term savings (for designated and restricted funds) and instant access savings to maximise the interest on thi5 cash. It remains the Group's aim to keep subscriptions at the current level, where possible, to help support our families and deliver value. Our subs are in the lower range of loca I scout groups, a nd we will aim to keep this level until our next review in March 2026. It is G roup policy that any identified surplus is used to subsidise core scouting activities, such as camps and section activities. The Trustees declare that they have approved the report above. Signed on behalf of the charity's trustees: Huw Williams Chairman 23" April 2025 Claire North Treasurer 23" April 2025 Independent Examinerfs Report to the Trustees of 124 Nottingham Scout Group {Charity number 522458) on the Accounts for the year ended 31 March 2025 I report to the Trustees on my examination of the accounts of the above charity for the year ended 31 March 2025, which are set out on the pages I to 5. Responsibilities and basis of report As the charitV5 trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111"the Act'l. I report in respect of my examination of the accounts of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145{5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination, which gives me cause to believe that in, any material respect: The accounting records were not kept in accordance with section 130 of the Charities Act,. or The accounts did not accord with the accounting records," or The accounts did not comply with the applicable requirements concerning the form and contents 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. (l £ Richard Nowell FCA Chartered Accountant 23 Magnolia Court Beeston Nottingham NG9 3LG th Dated: 18 August 2025 th 124 Nottingham Scout Group INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDING 31 MARCH 2025 51 Total Unrestricted. RestrittÈd and Designated Funds 202312024 General Unrestricted Funds 2024121J25 Restricted Funds De51gnated Fund5 Description Note Total 2024/Z025 202412025 202412025 General Incorne.. 5ubscriptiOll5 ReceivE Gift Aid Received Miscellaneous Income Income frorn Camps Donation5 Received ank & Investments IntèrÈst £18.842.05 E3,734.25 E383.00 £7,770.00 £185.05 £18.842.05 E3,734.25 E383.0 £7,770.0 £185.05 £1.998.92 £18,763.2 E5.564.0 £133.0 £4,293.0 E8,299.0 £850.2 £1,998.92 Income from E¥ents'. Activlty income Jumble Sales £1,195.5 £7,347. £2,606. £2,012.62 £1,195.5 £7,347.00 £2.606.80 £2.012.62 £1.318.0 £6.497.32 £2.365.0 £l.L51.0 Xmas Market Dtherevents Income from ongolng artivftles £46.075.19 £0. £o.o E46.075.19 É49,233. Special fundrosing £o.a EO.0 £o.o EO.0 £o.o Total Income £46.075.19 £0. Éo.0 iii £46.075.19 É49,233.8 Oirert Charitable Activlties £6,588.81 £2.329.7 Ell,092.61 £1,699.81 E21,710.99 £6,588.81 2.329 76 £11,092.61 EL,699.8 £21,710.99 £4.236.78 £1,536.1 £5.054.35 £3,997.27 £14,824 5 C05t of Badge5 and Clothing Camp Ex￿nditUr Vehicle Running Expenses Overhead ExpendlturÈ Advertising Buildin8 Insurance Rent & Rates 8uilding5 Maintenance Equiptnent Purcha5P5 Capitation Fees Miscellaneou5 Expenses Stationery & Postage f 290.5 £190.5 £215.90 £2,410.71 £593.96 El,934.1 É632.08 £2.201.79 £1.042.37 £7,833.2 E988.8 É1,934.1 £632. £2.201.79 El.042.37 £7,832.2 E988.86 £o.o El,464.56 £198. E7.870.5 E4,049.63 82.37 E3,191.4 E20,077.03 0.0 £2,515.31 £17,438.21 £2,515.31 £17,438.21 Expendlture from Ongoln8 actfvftles £39.149.2 É39.149.2 £34,901.53 Donatiorss re Special Fundrat5ing £0. £0.00 £o.o TOTAL EXPENDtTURE £39,149.Z £39,149.2 £34.901.5 NET INCOME £6.925.99 £0.00 £0.00 £6.925.99 £14,332.3 Tran5fer5 fromlto Designated Funds IE6,240.081 £o.o £6,240.08 Éo. NET MOVEMENT IN FUNDS £685.91 £0. £6.2tKI.08 £6,925.99 E14.332.3 BALANCES BIF I APR 2024 £29,314.0 £10.0￿.0 £36,5LM).O £75,814.09 E61,481.78 BALANCES CIF 31 MARCH 2025 6.16.3 £30,000. Éio,000.o £42.7dO. £82,740.08 £75,814. PAGE I 124th Nottin8ham Scour Group is registered as a charity in England Wale5 Wlth Registration Number.. 522458 BALANCE SHEET AS AT 31" MARCH 2025 2025 Z024 enerai Unrestricted Fund Restricted Designated Funds Funds Oescrlption Fixed Assets Totsl Total Tangible Assets- Vehicle EO.0 EO.0 £o.o Current A55ets Debtor5 Stock- Badges Prepayments Bank Current Account £o.o £o.o f 361.0 £10,987.3 Ell,285.5 £31.013.03 E22.169.9 EIO,318.6 £676.4 £o.o £406.0 E13.639.0 £5.310.22 Ell,145.2 £39,(K)O.O EIO.C(K).O £669.2 É361.04 EIO,987.37 £11,285.53 £10,761.56 £0. £0. Bank Reserve Account £20,251.4 £12,169.9 EIO,318.63 8ank Short tertn savings Bank Long term savings Cash in Hand £iO,O(K). 111 £676.41 £34,071.91 ElO,000.W £42,740.08 E86.81L.99 E80,169.77 Less Current Llabilities Accruals & Provislons E4,071.9 E4.071.91 £4,355.69 £4,071.91 £4.071.91 f 4,355.69 NET ASSET5 £30.000.0 ElO,000. E42.740.0 E82.740.08 £75,814.0 Represented By Fund5 Unrestricted (General Fundsl Designated Funds Restricted Funds £30,0(Q.O £30,WO. £42.740.08 £io,wo. £29.314.09 £36,500. £io,wo. £42.740.08 £io,oco.00 £30,000.0 £io,000.o É42.740.08 £82.740.08 £75,814.0 The above a¢¢ount$ were approved by the Trurtee5 on 23rd April 2025 and were slgned o thelr behalf by.. Dr Huw Edward William5 Chairrnan C13ire North Treasurer PAGE 2 124rh Nottingharn Scout Group is reEi5tered a5 a charity in England Wales with RÈgi5tration Number. 522458 NOTES TOTHE ANPIUALACCOUNTS AccountinÈ Polrcrds Basis of Accountin Thesè financièl statements have been prepared under the historical cost convention In accordance wrfth applicable accounting Standards ènd rhe lil statement of Recommended Practice"Atcounting by Charities lill Income from Gift Aid is accountable when the relevant claim is subfflitted to HMRC. Provislon for Depreciation of Fixed Assets held for use by the Group is made at annual rates calculated to spread the cost of each a55et evenly over its expetted useful life. The depreciation rates In use We￿ at the following rates on c05t'. Motor Vehicle5 Equiprnent 25% 25% All Fixed a55et5 are nDW written down tD Nil net book value. Ilyl Stocks of bad8es and uniform accessories have been valued at the lower of c05t and ner realisable value. Vehicle Running Expenses We continued to run the minibus duringthe year. with costs as below. The minibus has been fully depreciated. Provision has been made made over rhe last few year5 for the replacernellt Dfthe vEhiclE,15Ee note 61, thi5 ha5 rontinued In the current year. A breakdown of ¥ehide costs is as follows.. 2025 20Z4 Vehicle Tax I65.￿ £ 165. 867.36 £ 849.83 Vehicle Expenses 667.45 1.982.44 SUB TOTAL £1.699.81 £3,997.27 Depreciation I See Note 1.31 TOTAL COST El.699.81 £3,997.27 PAGE 3 124th Nottin8ham Scout Group is registered as a charity in England Wales wth Registration Number. 522458 Stock Stock at the end of the year, and the movment therein duiing rhe year. related to both Bad6es and Merchand15e IPolo Shirtsl as follows.. 2OZ5 2024 Openlng Stock18adges Purchases18ad6es1 Less C1o5ins Stock IBadge51 £4(kS.03 É2.284.77 IE361.041 £374.49 £1,567.64 1£406.031 £1329.76 É1,536.10 Pfepayments Prepayrnents made priortothe end of the financial veèr relatlll8 to artivitie5 in the followng financial year were represènted by.. 2025 2024 Capitation fee5 paid in advance Oi5trict Catnp Expenditure Family Catnp Expenditure Cub Camp Expenditure E8,891.32 £0.00 EL,257.50 £301.25 £537.30 E7,833.20 £4.632.75 El,078.30 £94.79 TOTAL £10,987.37 É13.639.04 Actyuals & Provisions The follown8 èicrua15 & provisions were noted In the account relaiin@to-. 2025 Ga5 & Elettricitv Duplicated government gTont repayable District camp income Fbmily camp income Activity expenses SDO.DO £1,334.DO EO.OQ £1,600.DO É6J7.91 £106.69 El,334.00 E2,915.00 TOTAL £4.071.91 £4,355.69 PAGE 4 124th Nottingham Scout Group is re￿stered as 8 chartty in England Wale5 with Registration Number.. 522458