KIBBLESTONE DISTRICT SCOUT COUNCIL TRUSTEES, REPORT AND HNANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023
KIBBLESTONE DISTRICT SCOUT COUNCIL TRUSTEES. REPORT FOR THE YEAR ENDED 31st Dettmber 2023 The Trustees present th¢ir annual rel and the unaudited financial statements for thc ycar 31st December 2023. The tn]stees have pleasure in presenting the Annual RerKJrt and financial statements for the Ye ended 31si December 2023. The financial sthtements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by chltieS preparing their 0nts in accordance with Éhe SORP 2015 Financial Reporting Siandard applicable in the UK aThJ Republi¢ of Ireland (FRS 102) and the Financial RertIng Stalldd applicable in the United Kmgdom and Republic ol Irelxnd (FRS 102) and the Chatities Aci 2011. Charity Number 524533 President The Lrd may of Ske-oD.TreDt Viee PresideDts The Mayor of Newcastle-WKkr.Lyur, Ken Adam5, Gretyx BI(M)r, Steve Broadhw5L John CaPr. Mike Deakiffj Kay Euis, Albert Ha¢ Trevor Mardling. Susan M1] Phil SlnnilL Rosemary Thys. Victor Thys Trustee Board Under Chartry Legislation the Trtle¢S of the "stric( Scoui Council are the TnLStee Board and the names of those wbo seryed Since thc l&st Annual General Meeting on 8th June 2023 are detsiled below. Ex-offieio District Chair District L£ad Volunte District Secretary District Treasurer District SAS Manager Clive IAder Position Vacant SillK)n Gough StevaD Fern Member5 Jackie BrocklehursL Patrick Hinchliff¢, Tom Naomi Wiyyj tkad Volunteers of the Dtstricts fominatioDs Newtle District Potteries North Districi Three Towns Distri¢[ Pa( Vigga Sbay Nonnan David Smith Lead Volunteers ofthe Dlstrlcts Young Person Nomination Position vacant Rlght of Attendance Coullty L£ad Voluner Counry Chair IA Volunteers of th¢ Districts
KIBBLFSTONE DISTRICT SCOUT COUNCIL TRUSTEES, REPORT FOR THE YEAR ENDED 31st DeLYmber 21W (eoj)tlnued) Campslte Kibbleslone tnternational Scout Camp. ou1t0 Ston< ST15 8UJ Tel.. 01785 813407 IndeEt Examiners BTrdshaws. Chartered Accountants. Banker5 Unity T1 Bank Structurei governance gnd management The key governing document throughout the reFOrting pericl for this Charity is the Scout Association's Policy, OrgarLisalion and Rules ("PO&Rry Thi5 his been supplemenied by a speci&ily adapted Constitution since June 2015 to recognise that this is a special District under"PO&R" The TLustre BO3 detsiled above. which meets at least six times year. administets the Charity. There is a Management and Finance sulxommittee w.Ch Tneets monthly to deal routine issues. Thi5 5ub-committct Jneets aliernatively a5 a Covllm Mi eeting fV$Sing on sales and marketing strategy and an Operattons Meeting dealjng with stsfflng. sile managemenL proFvties and health and safety. Tru5tee5' responsibilities Statement The Truste¢s are responsible for preparing the TTUStees' Annual Rel and the fancial ststements in accordance with appSicab5e law and United Kingdom Accounting Standar(b (United Kingdom Generally Acccptrd Accountillg Ptxucel. The law appbcable charities in England and Wales requires the Ttusiees to prepa financia] stateJnents for each financial year which give a Irue and fair view of the situation of the Charity Ond of the incoming resources and application of resources of the ChaTiry for that year. In preparing these financial Staments the Trnstees are required to: select suitable accounttllg wlici&s and then apply them conslsiendy: observe the meth(ds and principles ill tbe Charities SORP 2019 IFRS I2). make judgeTnents and estimate5 that ar¢ rertable and prudenL sta(e whether applicable accounting Standards have been followal Subject to Any 7nateri81 deparn disclosed and explained in the financial sthtements" pr¢pare the financial statements on the going con¢em blsis esS it is inappropriate to presurne that the cklty will continue in otrntion. The Trnstees are rcSFX)nsible foi keeping propet accounting records that diKlose with reasonable accuracy at any time the financial tx)sition of the Clwiry and enable them to ¢n5ure that the financial statements comply with the Charities Act 2011. the Charities (Accounts 2nd Rels) Regulations 2tK)8 and the provisions of the trust deed. They are also resp)nsible for safeguarding the assets of the Charity and hence for tsbing reonable steps for the prevention and dectiOn of fraud and other irregularitics.
KtBBLESTONE DtSTRicr scoirr COUNCIL TRUSTEES. REPORT FOR THE YEAR ENDED 31st December 2023 Iconthiued) Risk management The Trustees aclively review the nwjor risks wbicb the Clwity faces on a regular basis. The key risks are the safety of the users of our Campsi and the health and safety of employ. Financial risk is managed by maintsining free reserves 21 levels that will provide sufficieni resources in the event of adverse operating conditions. The Trustees have also examined other operational risks which they face and conf that they have established systems to mitigaie the significant risks. Volunteers and gifts in kind Much of the adult leadership and 5upF within the Districi is received on a voluntary basis and many of these adults do not claim their exFnses. The Chariry is grateful for contribution withoui which it could not function. Thanks a]so to the "bbIeS1one Scour Active Support unit for their assistance in fundraising and SUPIn8 the Cajnpsile OF¢ralioDs. Obje¢tivesy public benefit and activities The aim of Kibblestone District Scout Council is to sixK)rt young people to promotc theii developynenl and ctnp)wer them to make a positive contribution 10 wiery by operaring Kibblestone tn(emitional Scoui Camp. based on the Yalue5 of Scouting and complying with the Strict safeguarding and safery p)licies of the Scoui AssociatioD. This is achieved by young people. in partnership with adults. working together based on the values of Scouting and enjoying what they are doing and having fun. tsking part in indwr and OUtd)r activitics and residentthl expenences. learning by doing and sbaring in spiritual reflection. We encomge young people to make choices, tske resp)nsibiliry and undertske new and challenging activities. The Trustees have assessed the ain. activities and cbaritable objectives wbicb are to contribute to the developTnent of young people in achieving their full physical. intellectua]. 5wia] and spiritual poteniials as individuals. as responsible citizens. and os eMberS of their local. national and ini¢tnational communities. They believe that they have mei the Charity Commission's public benefit criteria for both the advancement of edu¢ation and the advancement of cifizenship or cOn)nwry developmenL The Tnlee8 comply with the key principles of public benefit set by the Conjmission: l. Identifiable benefit- The way in whRcb yollng people are helpl in their personal developTnent and empowered 10 make a positive Conlbution to society. Thi5 benefit is direcdy linked to the purpose of Scouts. 2. lblIC benefit- Scouts is a national mv¢menL open young wle aged 4-25 and adults who are wing to make the Scoui Pmmise. People in are&8 of deprivation can benefit from our programme; whilst a subscription is charged memkn. access inefits is not constrained by a member's ability to pay. The ptincipai activity of the Kibbl&8ione District Scout Council is operate and develop K]'bblesione International Seoul Canjpsite at Oulton. near Stone, in Stsffotdshire and mauage the investent pmperty portfolio in Hanley all for the beuefit of mem1ts of the Scout m0vent and Oth organisations with similar objectivos for the benefit of youAg It makes avai]able the facilities of 7)ble$tOne memkn of the Scout Movemeni and other organisations that have SIar activities to Seouting and which have ¢ompatable control8 with the Strici safeguarding and safety FK)]icies of The Scout Association. It also. from rime to tinr makes cenain facilities available to corporatc organisations in order to gener* fijnds to Sup1 the chan"table aims and objectives where this do¢s not derract from the priDGipal activiry and all safeguardllig and safety P)Iici¢5 follovled.
KtBBLLSTONE DISTIUCt SCOUT COUNCIL TRUSTEES, REPORT FOR THE YEAR KNIDED 315t December 2023 {eontinuedl Achievements ond perforniance The clwi.ty continued to deliver ptogtaJ)unes for young wple frotll Scouiillg and Guiding organisations. schoo15, other youth and sports groups and was parricularly proud to host the Intemationa] Muslim Scout Jamboree. Activity was however at a much lower level than the previous yeor ag Changes to the fi]nding criteria for National Citizen Service progtamw meant that Kibblestone was no longer able to provide these directly. Towards the end of the yeaT sonk NlOnal Citi7£D Service activity teThwned the site throug EntNsL allew intermthtory provider. Alongside the delivery of activity progrn% essential TDaillten2nce of the faci]ities h&s continued. This included significant]y increased expenditure to comply with flle and eltricaL safety regulations and ensure the continu&l safery of the large numirr ofmanwe trees on the sile. The ch2riry continue to mamage and Mark its inveslmcnt pr¢)perties in Hanley. The tettants of the two larger properties operate in the leisure sector which is suffering weakened trwjing as a result of the cost of living crisis. Both ¢ontinue to tr&ie successfully and the tsILStees work to SUPFQrt them 10 protect the Chartty's &ssets and illcome. One of the two stnalle[proties was let durillg the year bui the Oth remai vlL Financial Review The full finan¢ial position is disclosed in the attached aCclNm The general fimd (known as an unrestiicted fund) shows all excess of resources ex over incoTning r¢souTces of £126.882 (2022: nO.839). The tal incoming resouTCL8 value in 2023 was down by £34l.682 £302.982 (2022.. £644,W), a decrease of 530/0. No granrs were received dwing the year (2022: £15.1(K)). Totsl SoUrceS exFtnded in year deLreth by £285.749 0)mpared to 2022. ChaTitable activity cxEthditure dec by £250.921 and fimdraising activiti&S decre by £2.455. The totsl resources expended in 2023 was £429.871 (2022: £716.t67). representing a yearon year threase of 350/0. The Net Assei Ey)sition at 31stDecemiKr 2023 w&8 represented by tbe following main itcms.. Tangible assets of £1,405,848 {2022: £1,448,329) which re]at&s to the purch&8e of £W36 of new assets and with an 0tting dePlaOn charge of£65.017. Invesbnents were not revalued1&8t year and have remained u£710.IXKI (2022: £710.(MX)). Debtors have i]Kre by £1,857 fmm £23.493 in 2022 £25,230 in 2023. The balance of cash at bank and in Ihand decreas in 2023, to £88,623 (2022: £175,059). Creditors at the Year Increas £1544 to £41.921 (21T22.. £40.377). At the Ye-ed the restricted income fillids value bas decreas from £44,059 sn 2022 to £43.021 in 2023 tiwough a deptrciation charge. As a result of excess of expend]re over income unrestricted income funds decreased to £2,151,963. The movement in Net Assets of £127.929 represents a 5.50/0 decrease year on y&ir.
KIBBLLSTONE DISTRicf SCOUT COUNCIL TRUSTEES, REPORT FOR THE YEAR ENDED 315t December 2023 (continued) Reserves Policy The Tn]ste&q have examined the Clwitys rwuir¢mLs for reseTh&s in the ligbt of the key risks to the organi5atiOn. Given the Charity's extx)sure lo the uncertointieg of weather and unextrtted mainten3Ce costs, the principal risk in this regd is a situalion whue income falls andlor costs rise requiring a deficit to be financed until such lime as new busiD¢SS can Ix secu1 an(Vor costs ffduce(L The Trust5 have estsblished a p)]icy whereby the unrestricted fLuMls not coNuni(trd or tTrves*d in rangible fixed assets (the'frce res¢rv¢s) and after any known, requirell deSign]0n5 held by the Ctwiry should at leost exceed the maximutn deficit the Tnt8 believe it is likely could incutre41 These reserves would needed meei wotking capitsl requiremts thould there be a 5Lgnir2lll reduction in iT)come or increase in costs. The Trustrcs are confideni thai ai such a level they would be able to continue the activities of the Ch0n"ry in the eveni of a significant short-tertn rcduction in fvnding. As at the Balance Sheet da(e the level of free reserves is £46.702 (21Y22: £133.081). This is considered batley sufficient to comply with the alK)ve p)licy. With short term cash oufflow5 eXptj over the quiet winter peri1 the Tnjstres have decided to sell the two stnall inve5ttnelll proFrrtie5 to generdte additional free reserves. These properties do not contribute significandy io rotsl revenues. Plans are in place to return operation5 to a ai least a CL8h neutral p)sition in order that these reserves will not be used to fund nornui ongoing oEKrations. Investmeut poli¢y The Scout Association's PO&R Sets out the way the fim4ts of the Clwhry may be investe(L The Charity has some inyestrnent property which is pmfessionally managed and pr(xiuces rentsl income used iti the furtherance of cbaritable objectives. An). remaig non-operdting fun(Ls are kepi as short.rerni deposits in Extent of deppndente on donors The Charity is not dcFMdent oll any particular donor5 but the Trustee5 are very apwttiative of all who have donated in support ofthe Charity's activities. Plans for future periods At the time of wriling this w Emkings from Scouts and other youth group5 are strong. The management team have f[sed patticularly on growing occupancy during historicajly Undell1d FeTi(Kls in the winter month5 and on weekdays generally. The developing telation51ll"p with Entrust will deb.ver activity on weekdays Outside school holidays and go some way to rep]acing the National Citizenship Scheme income lasi in 2023. Increases in costs in all remain a signthcant challenge. With current levels of activity, a m(Kles( deficit is again expe¢ted the CUent year. The Trustees h"eVe. however. thttt focussed rn3rketing activity leading to increased site utilisation will nK)Ye Frfornwice bxk flnancial surplus in the medium (ern). ]n order to ensu gufficieni cash reserves are main1¢d Wh$¢ prrfortnance recover5, the decision has Eten made to sell the two small investment properties. Thi5 have miniml irnpact on ongoing inc0e but w]ll ertera the cash reservcs Icquitcd to SUPE tht otmtion iti the cvent ol Lny r]nanL"ial crisis dnd Lowly with the established resetves policy.
KIBBLKSTONE DISTiucf SCOUT COUYCIL TRUSTEES, REPORT FOR THE YEAR ENDED 31st December 2023 (continued) Plans for future periods {continued) The safery and wellbeing of the cafflpsitr Staff and ¢uswmers and the securiry of the sire are of uunost importance and the TnteeS and Tnanagelllent team are f]Sed on ensuring this is noi compromised. The invesbnent in ele£trical [e and tree safery in 223 put the site assets in g(KxI condition but any furtber safety issues identified will ir SimillY PTOTnptly &eSsed. The Trustees and managemeni ieam will continue to develop the succession plan and ensure that the Clwity the supix)rt it needs to continue to OFefdte 5cesSfi]My. Reporting Aceountgnts A resolution will passed for the te-app)lntlll of BThd5baws Limite(L Chartered Accountsnts as the Independent Examiners. The Trtee5 reEK)rt wa5 approv¢d by the Tnts on 28th May 21Y24 sign1 on tbeir behalf by:" James Lewis Chairman
INDEPENI)LNT EXAMINER'S REPORT TO THE TRUSTEES OF KIBBLFSTONE DISTRicr scour COUNCIL I repon to the chariry tnjstees on my examination of the accounts of the chIry for the year ended 31st December 2023 which are sei out on pages 8 to 16. Responsibilities and basis of report As th¢ charity's truslees you are responsible for the prepatatiotL of the accounts in accordance with the requirements of the Charsties Act 2011 ('the Act.). I report in respect of my examination of the cFtarity'S accounts carried out under section 145 of the Act and in carrying out rny examination I have followed all the kpplicable Directions given by the Charity Commission under stiOn 145{5Kb) of the Independent examiner's statement Since the Charity's gross income exceeded £250,¢XKI your exatniner must be a tnemEer of a body listed in section 145 of the Act. I confitTn that I am qualified to undertake the examination because I aTn a member of The tnstitute ofChered Accounts in England and Wales, wbich is one of the list iKxlies. I bave completed my examination. I confirni thai no material matters have come to my auention in connection with the examination giving me ctllse to believe trt in any materlal respecL Accounting records were noi kept in respect of th¢ charity as rcquired by section 130 of the Act: or 2. The accounts do not accord with those records", or 3. The accounts do not comply with the applicable rtyuirements concerning the form and content of the accounts s¢t out in the Charities (Accounts and Reports) Regulallons 2(K18 other than any requirement that the accounrs give a'true and fait view, which is Dot a matter considered as part of all Inde&lldent examination. I have no conceTllS attention skn reached. come across DO other njattets in connection with the examination which thi5 rep)rt in order to amble a prw undetstanding of the accounts to be A Bradsh For and 2 Well House Bams Chester Road Brctton Chester CH4 ODH be If of Bradshaws Limital untants 28° May 2024
IaBBLESTONE DISTIUCT SCOUT COUNCIL STATEMENT OF EtNA'CIAL ACTtvrriFS YEAR ENDED 31st December 2023 Utsrestricted Funds Restricted Tot Funds FllDds Unr&8trieied Funds Restrictrd Funds Total Funds 2023 2022 Note INCOMF. AND ENDOWMENTS FROM: Incoming resouices.. Donations and ]egleS Other trading acuvities Investment Income Charitable activities 335 21,597 48.949 232.108 335 21.597 48.949 232.108 1.147 28.750 49.(M)8 565.759 1,147 28,750 49,W8 565,759 TOTAL 302,989 302.989 EXPENDrruRE ON: Raising funds: Fundraising trading Charitable activities Investtnents {12.542) (397.557) 119,772) (12.542} {398.(N) (19.772) (14,997) 1648J61) 152.1451 {14,9971 (649,5251 152.145) {1.047) 11.164} io TOTAL 1429.871) (1.047) (430.918) (715.503) {1.164} 1716,667) NET INCOMFJ {EXPENDITURE) (126.882} (I.IM7) 1127.929) (70.839) (1.164) 172,IXJ31 NET MOVEMENT IN FUNDS (126.882) (I.IH7J (127.929) 170.839) (1.164) (72,003) RECONCILIATION OF FUNDS Tota] funds brought forward 1278.845 44.059 2.3219Cbi 2.349.684 45,223 2,394,907 TOTAL FUNDS CARRIED FORWARD 21122 2,151,963 43,012 1194.975 1278,845 44,059 2,322.9 The notes pages 10 to 16 rom part ol these fiDancial staletneDts
KIBBLESTONE DISTIUCT SCOUT COUNCIL BALLNCE SHEET AS AT 31st December 2023 2023 21122 Note FIXED ASSETS Tangible &%sets Investments 13 14 1,405,848 710.(KM) 1,448.328 710.(MXb 2.115.848 2.158.328 CURRENT ASSETS Stocks Debtors Cash at baT]k and in Ild 15 16 7.075 25.350 88.623 6.401 23.493 175.059 121. 204.953 LIABILITIFS Creditors falltng due within one year 17 {41.921) (40.3771 NET CURRENT ASSETS 79.127 164576 NET ASSETS 2.194.975 2.322,904 THE FLNDS OF THE CHAIUTY Restricted income funds Unresrrictrd income funds- includes revaluation Teserve of £710.) {2022.. £710,IXX)} 18 43.012 44.059 19 2.151.963 2.278.845 TOTAL CHARITY FUNDS 1194,975 2.322. These fllwicial statements were approved by the Truste Board on the 28th May 2024 and are signed on their behalf by= James Ixwis Chairman Simon Gougb Trvdsurer The notes OD pages 10 to 16 form part ofthese fingncial slatemellts
KIBBLESTONE DISTRICT SCOUT COUI%CIL NOTES TO THE Fif'ANCIAL STATEMENTS FOR THE YEAR EEED 31st December 2023 ACCOUNTING POLICIES Basis of preparation and a55e55ment of going eolleern The accounts (financial slatements) have been prepared under the historical cost convention with items recogllised at Cost or transaction value unlus othenvise ststed ID th¢ relevant notes to these accounts. The financial statements have been prepared in aCCordace with the Statement of Recommended Practice: Accounting and Reporting by chltieS preparing thcir accounts in accordauce with the FIn8CIal Reporting Standard applicable in the L'K and Republi¢ of treland (FRS 102) issued on 16 July 2014 and the Financial Reporting Stsndard applicable in the ullit Kmgdom and Republic of Ir¢]and (FRS 102) and the Clwities Aci2011. The chatiry constimies a public lThefit entity as defined by FRS 102. The Trustees consider that there are T llncertainties alx>ut the Charity's ability to continue as a going concern over the next twelve months. Tangible Fixed Assets All the fixed assets are used for the direct fjjrtherdnce of the Chatiry's activities. Assets with a value below £500 are not capitalised. DeprlatioD is calculatcd to wrtte off the cost of tangible fixed assets over thcir CXFECted useful economic lives using the following riods=_ Campsite buildings and infrastru¢ntre- 50 ye4rs Plant and machinm _ 3 to 10 years Camp buildings and infrnslNcture are held at their inSurj values. No value has 1c placed on the 84 acres of freehold carnpsite land because the dccd5 gifted thc laud and buildings to the Scout Council contain restrictive covenants as to their use. Prop¢rti¢s owned by the Scout Council are held in the rthme of Scout ASlatiOn Trust CoOrtiOn as nominee for the Chariry. Investment propertie5 The investment incomc from these prop¢rtÉ¢s is used for the dire¢t fi)rth¢ of the Charity's activities. The PfOWies have I) lUdj at ot*n market valu&s and are reconsider&l exh year. Any difference is taken to the SOFA and ddt with on the b3]xT sheei in the genernl futmls. Stock5 Stocks are valued at the lower of Cost and nei rea]isable value. after maknng due allowance for obsolete and slow moving items. Incoming resources All incoming resources are included in the SOFA when the cIlty is legally entitled to the income and the amount ¢an be quantified with reasonable accuracy. For legacies. entitlement is the ear]ier date of the Charity being notified of an impetlding distribution or the legacy being weived. -1
KIBBLLSTONE DLSTRICT scoirr COLQ¥CIL r40TES TO THE FINANCLIL STATEMENrs FOR THE YR ENDED 31st December 21123 (continued) ACCOUNTING POLICIES - continued Fund accounting Gcneral funds dre unrestric*d fillS which are available for use at the discretion of the Trustees in fill1herance of the general objectives of the ChIry and which have noi Eccn desigllatd for othcr purp)s&8. Desiated funds cotnprise unrestricted fimds that hav¢ been sei aside by the Tnjstees for particular puqx)ses. The tiim and use of each dcsignaied fund i5 sei out in the notes io the flljancial statements. Restricted funds are funds wkn.ch are to bc used in accordance with wific Str1¢tiOns imposed by donors or which have raised by the Chatiry for particul pU)SeS. Ibe cost of raising and admintstering such funds are charged against the specific fun(L Th¢ aim and use of each restricted fimd is set out in the nots to the f13] 5taieilnts. Resources expettded All expendittire is accountsj for on an accnwls basis and has I1 classified under hcadings thai aggregate ail cosrs related to the category. Where costs cannot be direcdy attribu1 lthings tbey have been aJlocated ro activities on a basis consisient use of the resources. CASH FLOW STATEMENT The Charity is exempi from the wuiremeni to pw a ClOW statement E¢£ause li is a small Clwity. VOLUNTARY INCOME UDrestrleted Restricted Ttstai Funds Unreslricted R&8tri¢ted Total Funds Funtts Funds 2023 Fund5 FuniLs 2022 Donations Insurance claim received to date 335 335 1,147 1.147 335 335 1,147 1,147 INCOMING RESOURCFS FROM ACTIVITILS FOR GENERATING FUNDS Unrestrieted Restricted Total Funds Unrestricted Restricted Total Funds Funds FndS 2023 Funds Fllnds 2022 Campsite Shop se6 21.597 21.597 28,750 28.750 21,597 21.597 28.750 28.750 li-
KIBBLESTONE DISTRICT SCOUT COUNCIL NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR EI)ED 31st December 2023 (eontinued) INVESTMENT IfyCOE+lE Unrestricted FllDds Restricted Total Funds UJJre%tricted Funds 2023 Funds Restricted Totkl Funds Fllnds 2022 Investment Property Rents Bank Interesi Receivable Building Society Inter&st Receivable Income Office Rent 46.797 498 154 1.5(M) 46.797 498 154 1.5(K) 48.228 772 48.228 772 48.949 48.949 49,(¥)8 49,(X)8 INCOMING B£SOURCES FROM CHARITABLE ACTIVITIES Unrestricted FuDds Restricted Total Unrestricted Restricted Tota] Funds Funds 2023 Fun(Ls Funds 2022 Grants and govenjrnent supw)rt Campsite ReT]ts. Fees and Hire Corporate Bwkings Other Income Public Event Income 15.1(M) 549.643 15.1 549.643 218.847 10.649 218,847 10,649 1,016 1.016 2JOI L501 231108 232.108 565.759 565.759 FifNDRAtSJNG TRADING: COST OF GOODS SOLD AND OTHER COSTS Unrestricted Restricted Total Funds UTestriCted Restricted Total Funds Funds 2023 Funds Flld$ 2022 Shop Costs 12.542 12.542 14.997 14,997 12.542 12,542 14.997 14,997 -12-
KIBBLESTONE DISTRICT SCOUT COUN'CIL NOTES TO TifE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31st December YJ23 lu)ntinuedl COSTS OF CHARITABLE ACTwrriFS Unrestrieted Restricted Totsl Funds Unrestricted FllDds Funds 2023 Funds Restricted Totsl Funds Funds 2022 Staff (Note 12) Rates Power Repairs and Renewals Insurance Motor Commurrications and Cornputer Costs PTinL Stauonery and Advertising Depreciation Activity Cosi Mcmbeiship Fees Support Costs (Note 9) Bo(>kkeeping Independent examination Fees Bank Charges Profe55ional Fees 153.39) 6.157 38.186 74.591 12.755 6.441 563 153.399 6.157 38,186 74,591 12.755 6.441 563 216.418 6.458 34.773 76.894 13.491 12.111 216,418 6,458 34.773 76.894 13.491 12,111 682 8.243 67.181 155,764 785 39.045 9.797 1.6 1,318 4.940 8,243 66,017 155.764 785 39.045 9.797 1.625 1.318 4.940 63.970 4.348 823 11.976 9.628 1558 1,435 5.483 1,047 65.017 4J48 823 11.976 9.628 2.558 1,435 5.483 1.164 397J57 1.047 398,fJM fr18.361 1,164 649,525 COSTS TO THE CHAIUTY OF SUPPORT Activity Costs 2023 Activity Costs 2022 Staff Cleanxng. Sundri&¥ and Waste DISSaI 1,984 9,992 15.930 23,115 11,976 39.045 10. INVESTMENf EXPENDrruRE Ullrestricted FuDds Rtricted Totsl Funds Unrestricred 21123 Fwids Restricted Total FuTLd5 Fund5 2022 Rates Insurance Repairs & Renewals Power Profes5iOTLal Fee Provision for rent arrears 2.190 4.655 80 707 12.140 2,190 4.655 80 707 12.140 9.076 4.263 9.076 4.263 688 688 38,118 38.118 19,772 19.772 52.145 52,145 11. TRUSTEES REMUNERATION AND EXPENSES Certain immaterial amoun(s were reimburs to Trnstees in the Y for our of k8[ eXnSeS or as a direct reimbursement of monies personally settle41 for clwitabk eXE¢'1re. No TnJs*es received any remuneration during the y&2r (2022.. Nil) -13-
KIBBLESTONE DISTRICT SCOUT COUNCIL NOTES TO THE FLNANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023 (continued) 12. STAFF COSTS AND EMOLUMENTS Total staff costs were as follows: 2023 2022 Wages and Salaries Social Security Costs Social Security- Employers Allowance Employer5 pension costs 145.267 10.430 (5.(KX)} 1702 205.2( 13,405 (5.(KK)) 2.807 153.399 216,418 Particulars of employees: Tbe average number of employees during the year. w&8 &$ follows.. 2023 li 2022 16 No employee received eOlutents of n)oYe than £(.¢ during the year (2022 - nil). The key maagernent personnel of the chaTity comFY]sed of the Opuartons Manager. Esrare Manager and Trustee mernbs of the Trustce Board. The to employee benefits of the key managemeni personnel of the Trusi were £53.518 (2022.. £61.999). 13. TANGIBLE FtXED ASSETS Freehold property Equipment Total COST OR VALUA TION At ill J2nu2ry 2023 Additions 1.895.439 6.059 381.790 16,477 2,277.229 22.536 At 31st DecetDber 21)23 I,1.498 398.267 2.299.765 DEPRECIA TION At isl January 2023 Chat for the year 545.297 38,030 283.(I)3 26.987 828.) 65.017 At 31st December 2023 583,327 310,590 893.917 NET BOOK VALUE At 31st Decemljer 2023 1,318.171 87.677 1,405.848 At 31" December 2022 1.350.142 98,187 1,448,329 In considering the Deed to prepare these fujala1 statements under the FRS102 SORP. the TrUSe$ are of the view thai the b(xkk value of the a&sets as * the Isi January 2014 representrd their fair value. -14-
KIBBLESTONE DISTRICT SCOUT COUNCIL NOTES TO THE FINNcIAL STATEMENTS FOR THE YEAR EYDED 31st December 21)23 (continued) 14. INVESTMENTS Movement in market value 2023 Market value at 151 January 223 MoveTneut in the year 7IO.(KK) Mark¢t value at 31st Decemb 21y23 710.( No records exist of the historical CO of invcstment prorrti&8. The wopenies were valued in tbe year to 31. December 2016 by Buttrrs John Bec. Chartered Surveyors on an open market basis and in a¢cordan¢e with the accounttng policias. The invesunents constithtc Several tryies held primarily for an invesmient return. IS. STOCKS 2023 2022 Stock 7,075 6,401 16. DEBTORS 2023 222 Activity Debtr)rs Other DebLors and EWayments 13,172 12,178 779 22.714 25.350 23.493 17. CREDITORS: AJDounts fglling due TvithiD olle year 2023 2022 Aciivity CreditOTS Accruals and deferred income Other Taxes and Social Security 11.912 23.870 6.139 13.640 I8.(9 8.668 41,921 40.377 18. RESTIUCTED INCOME FUNDS Incoming Resouttes Outgoing Balance at Re50urce5 31° Dec 2023 1° Jn 2023 Mosty Lea Mill Fund Ralph Waley International Fund Capital Building FUT 24.840 8.745 10.474 24,840 8.745 9,427 (1.047) Re5tri¢ted Funds 44.059 {1.047} 43.012 -15-
KIBBLESTONE DISTRICT SCOUT COUNCIL NOTES TO THE FLNANCIAL STATEMEr FOR THE YEAR ENDED 31st December 2013 (continued) 19. UNRESThICTED INCOME FUNDS Balance at Out%OiDg Sson Balance at 1st Jan 2023 resources Resources Revaition TraDsfer 31" Dec 2023 Designatcd Fund General Funds 710,IKM) 1.568,845 710.(K)O 1.441.963 302.989 1429,871) UnrGstrict¢d Funds 2.278.845 302,989 1429.8711 2.151.963 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS Fund balanee5 at 31st Deeember 2023 Designated Fnd Restricted Fud Tolal Funds General Fund Tangible F]xed Assets Curreni Assets Cumt LLabilities 1.394.331 89.552 (41,921) 710.(KXI 11,517 31.495 2.115.848 121.048 {41,921) 1.441.963 710.( 43.012 2,194,975 The Trnstees have designated funds the iticome of wkn'ch will provide for main(eTwice of the Campsite. 21. MOSTY LEA F*(tLL This fteehold site including the Mill p)ol and a nsiderable kcreoge of long leasehold new and ancient woodland adjoining it was transfeed to the Chariry in 1999. In view of the obligations assiKiated with the Mill the amngements included receipt of a grant of £120,000 from Stafford Borough Council of which part was to be spent on capi(al items and the ba]3ncc was invested 50 that the income from the investment provides an annual offset against the revenue costs of the proIW. tn the meantime, the balance of the resuicied fimd is earning interest and the fund is cha4ed with applicable costs. 22. TAXATION AND coKfROL The Charity is exempt from ation on aDy income or capitsl gains. The Chlty is controlled by the TDJs(ees. 23. CAPITAL COMMITMENTS There are no fomjal Capitsl Committnents at the end of the financial year. 24. FINAf4CIAL INSTRUMENT Tbe Clwiry has financed their working capital requirement through its ovrn historic revenue reserves -16-