## Shropshire County Scout Council # Trustees’ Annual Report to year end 31[st] March 2024 ## **Contents** **Section A: Reference and administration details** ............................................................ 3 **Section B; Structure, governance and management** ..................................................... 4 **Section C; Objectives and Activities** ..................................................................................... 6 **Section D; Achievements and performance** ...................................................................... 8 **Section E; Financial Review** .................................................................................................. 11 **Section F; Future Plans** .......................................................................................................... 12 **Section G; Declaration** ............................................................................................................ 13 **Appendix A: Annual Census Report** ................................................................................. 14 **Independent Examiner’s Report** ......................................................................................... 15 **Statement of Financial Activity ………………………………………………………………………. 16 Balance Sheet ………………………………………………………………………………………………….. 17 Notes to the financial statements …………………………………………………………….. 18-26** ## **Section A: Reference and administration details** Charity Name Shropshire County Scout Council Other names the charity is known by Shropshire Scouts Shropshire Scouting (historic) Registered Charity Number 524499 HQ Registration Number 10000111 Charity’s Principal Address C/O 26[th] Shrewsbury, Field Crescent, Shrewsbury, SY1 4PW Names of the charity trustees who manage the charity A Williams Chair T Williams Treasurer E Hulme Lead Volunteer T Mellor Youth Lead T Cambidge Trustee T Franklin Trustee E Hodge Trustee R Parkes Trustee J Rutherford Trustee J Turpin Trustee I Windler Trustee Names and addresses of advisers None ## Independent Examiner Azets Audit Services Column House, London Rd, Shrewsbury SY2 6NN ## **Section B; Structure, governance and management** Description of the charity’s trusts Type of governing document The County's governing documents are those of The Scout Association. They consist of a Royal Charter, which in turn gives authority to the Bye Laws of the Association and The Policy, Organisation and Rules of The Scout Association. When planning charitable activities, the trustees have considered the Charity Commission’s guidance on public benefit. How the charity is constituted The County is a trust established under its rules which are common to all Scouts. Trustee selection methods The Trustees are appointed in accordance with the Policy, Organisation and Rules of The Scout Association. Additional governance issues The County is managed by the County Trustee Board, the members of which are the ‘Charity Trustees’ of the Scout County which is an educational charity. As charity trustees they are responsible for complying with legislation applicable to charities. This includes the registration, keeping proper accounts and making returns to the Charity Commission as appropriate. The Trustee Board consists of the Chair, Treasurer and 9 Trustees (including 2 Ex Officio Trustees, and 1 co-opted Trustees) and meets as required following discussion at the first Trustees’ meeting held after the AGM. Members of the Trustee Board complete Being a Scouts Trustee learning within the first 6 months of joining the Board. This County Trustee Board exists to make sure the charity is well-managed, risks are assessed and mitigated, buildings and equipment are in good working order, and everyone follows legal requirements and the organisation's policies and rules. Their support helps other volunteers run high-quality and safe programmes that gives young people skills for life. ## **Section C; Objectives and Activities** Public benefit statement The County meets the Charity Commission's public benefit criteria under both the advancement of education and the advancement of citizenship or community development headings. Summary of the objects of the charity set out in its governing document The Purpose of Scouting Scouting exists to actively engage and support young people in their personal development, empowering them to make a positive contribution to society. The Values of Scouting 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 of Scouting 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. Additional details of the objectives and activities As part of the Year End activities the Chair and Treasurer conduct a review in accordance with Charity Commission Guidance Internal financial controls for charities (CC8). This identified a high level of compliance and some optional best practice the charity may work towards adopting over time. ## **Section D; Achievements and performance** ## Achievement of Young People The key metric for measuring the performance of Scouting in Shropshire is how many young people have earned their relevant top awards. To earn their top awards the young people, must have shown engagement and a level of aptitude in all areas of the programme: outdoor and adventure, skills, and world. In the year ending 31 January 2024 the following awards were presented to young people in Shropshire: ||||**Eligibility**| |---|---|---|---| |**Award**|**Qty.**|**% of Eligible**|**Table**| |Chief Scout's Acorn Award|16|35%|Table A| |Chief Scout's Bronze Award|262*|70%*|Table A| |Chief Scout's Silver Award|161|49%|Table A| |Chief Scout's Gold Award|104|71%|Table A| |Chief Scout's Platinum Award|26|23%|Table B| |Chief Scout's Diamond Award|10|9%|Table B| |Duke of Edinburgh's Award Bronze|25|22%|Table B| |Duke of Edinburgh's Award Silver|4|3%|Table B| |Duke of Edinburgh's Award Gold|8|9%|Table B| |Explorer Belt|10|12%|Table B| |Young Leader Belt Buckle|14|108%|Table B| |Queen's/King's Scout Award|4|5%|Table B| *Data query exists in submitted data. ## Eligibility Table CSA Acorn To be defined CSA Bronze 7 and 8 Year Old Beavers CSA Silver 10 Year old Cubs and half of 9 Year Old Cubs CSA Gold 13 and 14 Year Old Scouts CSA Platinum 15 to 17 Year Old Explorers CSA Diamond 15 to 17 Year Old Explorers DofE Bronze 15 to 17 Year Old Explorers DofE Silver 15 to 17 Year Old Explorers DofE Gold 17 to 24 year old Explorers and Network Young Leader Belt Buckle All Young Leaders Queen's Scout Award 17 to 24 year old Explorers and Network ## Membership The Annual Census Report can be viewed at Appendix A. ## Growth and Communities The Scout Association employ a staff team to support local Scouting to develop. The Growth and Communities Team support local Scouting to: - Recruit and retain volunteers - Support communities to open new sections and groups - Ensure the sustainability and help to re-energise existing sections - Induct and welcome key line managers Using the data insights from the annual Census, the County work in partnership with the Districts to develop, monitor progress and deliver a Growth Plan. ## Volunteering Development The County deliver learning opportunities for Volunteers to meet their training obligations. 76 adult volunteers were awarded their Wood Badge in the reporting period. ## Transformation Working with Regional and National colleagues, the County support the implementation of UKHQ transformation programmes: - Give a warmer welcome for everyone - Deliver better learning - Simplify how we volunteer together ## Compliance The County, supported by the UKHQ People Team, monitor the training and disclosure compliance of volunteers and take action to ensure the safe delivery of Scouting. The County, and the hierarchy therein continue to track above the 99% compliance target for Safety, Safeguarding and First Aid Getting Started and Mandatory On-Going Learning. Hierarchical Support The County work collaboratively with the Districts and Groups, as federated charities, on the same deliverables and objectives. ## **Section E; Financial Review** Brief statement of the charity’s policy on reserves The Trustee Board regularly monitors the levels of bank balances and the interpreted risk level associated with it’s operation. It is acknowledged that the federated charities often offset their risk up the federation, however, it is not formally quantified as this would be difficult within the volunteer resource. The Trustee Board review reserves held against it’s planned activity and interpreted risk profile. Brief statement of the charity’s policy on investments The Trustee Board regularly monitors the levels of bank balances and the interest rates received to ensure the charity 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 Trustee Board considers the cash flow requirements. ## **Section F; Future Plans** The priority of the County in the next reporting period will be to support UKHQ in embedding the findings of the independent Safety Review. The County will continue to resource and support the deliverables and objectives as described in Section D. ## **Section G; Declaration** The trustees declare that they have approved the trustees’ report above Signed on behalf of the charity’s trustees Signature Full name Position Date Signature Full name Position Date Appendix A: Annual Census Report Censu5 of Mernbership in Shropshire Forthe year ending 31 January 2024 2023 2024 2024 v5 2023 Pyefer notto Prefer Sew. ithntify Female T•tsi Ma F￿a ale Ferna n(rtto Total Id•ntify idontify tharrfj Say TrurH MEMBERSHIP S4uirrel Beavw kouts Cub Scrrtrts Scouts ExrAorw Scouts lincludingyounq LÉadÉrgl Network Members TOTAL YOUTH MEMBERSHIP 37 48 651 32 103 618 B78 *34 *23 *57 -33 +10 *124% -5% 23 io 473 661 -19 635 547 121 34 IW4 223 244 215 229 +26 +21 +1 797 193 57 2,612 -15 132 38 943 197 +4 +4 +2 +4% 42* 22 715 41 1655 +Bg -17 +4 +43 PROGRAMK DEUVERYROLES 97 120 40 257 51 308 187 222 79 100 89 60 249 50 299 +23 -26 +16 413 +10 423 +26 -58 +36 +14% -26% +46% +196 +10% +296 Assiltsnt 5Èttstsn Leathrs Sect￿￿ As515tsnts 74 55 242 164 -31 +20 39 229 31 TOTALADULT PROGRAMME DEUVERYROLES YOU[￿ LeadÉrs' TOTALPROGRAMME DELIVERYROLES 492 91 83 571 283 412 LINE 144￿GER ROLES Group Scout LÉ3dÉrs District Exploru st￿lCOM￿lS$1oners D15trict Scout NetWDTk Comtll155KTrners Distrrt CommissionÉrs County* kout NetworkCommisioner5 25 34 23 36 +4 +6% TOTAL LINE MAM4GER ROLES 32 42 29 14 +216 Group Chair GroLP Secretary Grow Treasvrer Group Exeiulive Members TOTALGROUP GOVERNANCE ROLES 16 19 21 22 61 123 35 26 39 99 199 14 18 19 23 33 93 32 24 -9% 17 38 76 17 43 79 +396 -23% -1496 76 In -28 -30 -23 -27 +3 DistrKt Chair Di5trKt Secretary Distrrtt Treasurer District Executsve Members TOTAL DisfRICTfjOVERNAMCE ROLES +1 +1 -17K 14 +1 County+ Th&ir County+ Secretary County+ Tre85urer County+ Executive Member5 TOTALCOUNf(+ GOVEIINANCE ROLES -3396 0% TOTAL GOVERNANCE ROLES 130 319 -30 -30 PPOATR¢xs Dewty Group Scoui Leaders Gro￿ Administrators- GroLP Ski115 Instructors Other Group Adults +33% +75% 20 -358h TOTAL GROUP SUPPORT ROLES 21 21 IB -3* Deputy District Comm15510ners District Youth Commissianèrs Deputy Districtyouth Comm15sion•rs Assigtant th$tnU ComnMs$iweYs District Leaders +lOO% +200% -24% -31* Other Th5trict Supwrt wles TOTALDISTrICTSUPPORT IiOLES 13 ifj 17 li 39 15 12 -13 Dewty County+ Commiss￿￿r5 County y￿th Conmnissioners Dewty Countyyouth Commis5k￿+TS Assistsnt County+ Comm1$514ners County Leaders County* Admin15tr8tors- County Skillg Instructors OtherCounty+ SuppTrrt r¢les TOTALCOUNTY+ SUPPORT AOLES +400% -33% 14 26 20 +13 +17 +19 +21 +1900% +16216 13 Stout A¢￿ve Support 15 73 22 114 25 87 31 131 +10 +14 44L% +15* TOTAL SUPPORT ROLES 41 44 +17 | 451 4￿￿12￿10 400 WII WIO 855 | 1305 L125 WI 4 41 ws | 2397 Wl7 W18 | *2 +1 Tota MÉmt*rship duèto paythé Hèa(buartèrs Mèmbèrship SutstriptiDn IfDtsI Ofy￿th Mèmbèrship ÈxtludiNJ Scout Nètworkl 2,5 OPER4m(*ULUMTS Squirrel *out Dreys 44 50 48 23 41 Cub sCC￿ P￿kS outTrDtps Explorer S(oul Units. indudingYL Unit5 ScouiNet¥vorks Scoul Active Support Units 46 19 15 15 GroLP5 Distric Counties. Region5 IScotti5hl, Areas.151ands 45 45 ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF SHROPSHIRE COUNTY SCOUT COUNCIL** I report to the trustees on my examination of the financial statements of Shropshire County Scout Council (the Charity) for the year ended 31 March 2024. ## **Responsibilities and basis of report** As the trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning 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 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 financial statements to be reached. ## **Azets Audit Services** Column House London Road Shrewsbury Shropshire SY2 6NN United Kingdom Dated: ......................... - 15 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income and endowments from:**
Voluntary income
**3**
27,173
5,000
Other trading activities
**4**
-
-
Investments
**5**
2,964
-
Other income
**6**
11,454
-
**Total income**
41,591
5,000
**Expenditure on:**
Raising funds
**7**
327
-
Charitable activities
**8**
31,422
5,000
**Total expenditure**
31,749
5,000
Net gains/(losses) on investments
**11**
(356)
-
**Net movement in funds**
9,486
-
Fund balances at 1 April 2023
146,465
-
**Fund balances at 31 March 2024**
155,951
-|**Total** **Unrestricted**
**funds**
**2024**
**2023**
**£**
**£**
32,173
15,405
-
30
2,964
1,509
11,454
6,369
46,591
23,313
327
289
36,422
20,433
36,749
20,722
(356)
(1,268)
9,486
1,323
146,465
145,142
155,951
146,465| |---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 16 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2024**_ |**Notes**
**Fixed assets**
Tangible assets
**13**
Investments
**14**
**Current assets**
Stocks
**15**
Debtors
**16**
Cash at bank and in hand
**Creditors: amounts falling due within one**
**year**
**17**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2024**
**£**
132
12,866
267,793
280,791
(149,664)|**£**
5,706
19,118
24,824
131,127
155,951
155,951
155,951|**2023**
**£**
217
1,499
149,577
151,293
(104,675)|**£**
3,572
96,275| |---|---|---|---|---| |||||99,847
46,618| |||||146,465| |||||146,465| |||||146,465| The financial statements were approved by the Trustees on ......................... .............................. E Brown **Trustee** - 17 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** **Charity information** Shropshire County Scout Council is a charity established under Royal Charter within the structure of the Scout Association. ## **1.1 Accounting convention** The accounts have been prepared in accordance with the Charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The Charity is a public benefit entity. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity. ## **1.4 Income** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. - 18 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** **(Continued)** Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Any expenditure paid in advance of an event which is planned to take place after the 31 March 2024 is taken to deferred expenditure. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: ## Plant and machinery 16.67% on cost The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Fixed asset investments** Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/ (expenditure) for the year. Transaction costs are expensed as incurred. ## **1.8 Impairment of fixed assets** At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). - 19 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** **(Continued)** ## **1.9 Stocks** Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. ## **1.10 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.11 Financial instruments** The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled. - 20 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** **(Continued)** ## **1.12 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.13 Taxation** The charity is exempt from tax on its charitable activities. ## **1.14 Fund accounting** Unrestricted funds 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. Restrictions arise when specified by the donor or when funds are raised for a particular restricted purpose. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2 Critical accounting estimates and judgements** In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Voluntary income** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Donations and gifts
2,262
-
Scout/Guide Development Grant
-
5,000
Membership fees
24,911
-
27,173
5,000|**Total** **Unrestricted**
**funds**
**2024**
**2023**
**£**
**£**
2,262
-
5,000
-
24,911
15,405
32,173
15,405|**Total** **Unrestricted**
**funds**
**2024**
**2023**
**£**
**£**
2,262
-
5,000
-
24,911
15,405
32,173
15,405| |---|---|---| |||15,405| - 21 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **4 Other trading activities** ||**Total**|**Unrestricted**| |---|---|---| |||**funds**| ||**2024**|**2023**| ||**£**|**£**| |Badge and neckerchief sales|-|30| ## **5 Investments** |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Interest receivable|2,964|1,509| |**6**|**Other income**||| |||**2024**|**2023**| |||**£**|**£**| ||Activities|11,454|6,319| ||Miscellaneous income|-|50| |||11,454|6,369| |**7**|**Raising funds**||| |||**2024**|**2023**| |||**£**|**£**| ||Costs of goods sold||| ||Other fundraising costs|327|289| |||327|289| - 22 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **8 Charitable activities** ||**Scouting**|**Scouting**| |---|---|---| ||**activities**|**activities**| ||**2024**|**2023**| ||**£**|**£**| |Duke of Edinburgh|5,000|495| |Communications|245|176| |Insurance|2,158|2,081| |Activities|16,367|9,591| |Adult recruitment|2,626|3,011| |Other charitable expenditure|10,026|5,079| ||36,422|20,433| ||36,422|20,433| |**Analysis by fund**||| |Unrestricted funds|31,422|20,433| |Restricted funds|5,000|-| ||36,422|20,433| |**For the year ended 31 March 2023**||| |Unrestricted funds|20,433|| ## **9 Trustees** None of the trustees (or any persons connected with them) received any remuneration during the year, and no trustees claimed expenses to which they were entitled in the year. ## **10 Employees** The average monthly number of employees during the year was: ||The average monthly number of employees during the year was:||| |---|---|---|---| |||**2024**|**2023**| |||**Number**|**Number**| ||Total|-|-| ||There were no employees whose annual remuneration was more than £60,000.||| |**11**|**Net gains/(losses) on investments**||| |||**2024**|**2023**| |||**£**|**£**| ||Revaluation of investments|(356)|(1,268)| - 23 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **12 Taxation** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ## **13 Tangible fixed assets** |**Tangible fxed assets**|| |---|---| ||**Plant and machinery**| ||**£**| |**Cost**|| |At 1 April 2023|31,992| |Additions|5,040| |At 31 March 2024|37,032| |**Depreciation and impairment**|| |At 1 April 2023|28,420| |Depreciation charged in the year|2,906| |At 31 March 2024|31,326| |**Carrying amount**|| |At 31 March 2024|5,706| |At 31 March 2023|3,572| ## **14 Fixed asset investments** |**Listed**
**investments**
**Cash in**
**portfolio**
**£**
**Cost or valuation**
At 1 April 2023 & 31 March 2024
19,474
76,801
**Carrying amount**
At 31 March 2024
19,474
76,801
At 31 March 2023
19,474
76,801
**15**
**Stocks**
**2024**
**£**
Finished goods and goods for resale
132|**Total**
**£**
96,275| |---|---| ||96,275| ||96,275| ||**2023**
**£**
217| - 24 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**16**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**17**
**Creditors: amounts falling due within one year**
**Notes**
Deferred income
**18**
Other creditors
Accruals and deferred income
**18**
**Deferred income**
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2023
Released from previous periods
Deferred income at 31 March 2024|**2024**
**£**
12,866
**2024**
**£**
11,000
135,994
2,670
149,664
**2024**
**£**
11,000
**2024**
**£**
11,000
16,000
(5,000)
11,000|**2023**
**£**
1,499| |---|---|---| |||**2023**
**£**
16,000
86,005
2,670| |||104,675| |||**2023**
**£**
16,000| |||**2023**
**£**
16,000| |||16,000
-| |||16,000| - 25 - ## **SHROPSHIRE COUNTY SCOUT COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **19 Analysis of net assets between funds** |**Analysis of net assets between funds**||| |---|---|---| |**Unrestricted**
**Restricted**
**2024**
**2024**
**£**
**£**
Fund balances at 31 March 2024 are represented
by:
Tangible assets
5,706
-
Investments
19,118
-
Current assets/(liabilities)
131,127
-
155,951
-|**Total** **Unrestricted**
**2024**
**2023**
**£**
**£**
5,706
3,572
19,118
96,275
131,127
46,618
155,951
146,465|| |||146,465| Funds previously received from the Roy Fletcher Charitable Trust of £16,000 is restricted for the use of future capital expenditure. This income is recognised as it is spent. In the current year, £5,000 has been released. Funds received for The Jamboree which took place in July 2023 are held on Trust by the Charity for the event. These are not recognised in the SOFA as they are not funds of the Charity. Funds received for Roverway 2024 are held on Trust by the Charity for the event due to take place in Summer 2024. These are not recognised in the SOFA as they are not funds of the Charity. ## **20 Related party transactions** There were no disclosable related party transactions during the year (2023 - none). - 26 -