Ariel Scout Group Treasurer’s Report 2022 - 2023
Income
Section Income (mostly Subs but including money taken in for camps and other events) was closely balanced (<5%) against the combination of Section Expenditure and Census (the annual fee, per member, that is collected as part of Subs)
A return to full use of the building from our two regular external users (ECWA Church and Fit4Life) gave us a healthy income from hall hire. We also recovered a significant amount via GiftAid, based on donations and Subs income. Thank all the people who have signed GiftAid declarations.
The Group set up a new Squirrells Section and received £2056 in grants to support this.
Expenditure
Council rates continued to be charged at a discounted rate.
Maintenance costs were unusually high as they include £2840 on replacing our (very old) gas boiler.
One issue, familiar to many, was the increase in energy costs. The Group had been on a three-year fixed rate but this deal expired on 22[nd] October 2022. Alternatives suppliers were investigated in the run up to this change but the market for business energy, as with domestic, did not offer significant differences in prices. We expected our electricity price to increase from 16.5p per kWh + 25p per day to 60p per kWh + 60p per day. Fortunately, the government business Energy Bill Relief Scheme was introduced, and we were changed a more manageable 22.6p per kWh + 60p per day.
We continued the use of a professional cleaning cost, introduced during the previous year. In addition, new shelving and tables, for use in the building, were purchased
Summary
This year saw total Income and Expenditure balanced, with just £35 difference. However, it should be noted that £1,278 annual insurance cost was included in the previous year’s accounts.
Our aim is to break even each year with allowance for years where we are under and overspent.
With all the above taken into consideration, the Group remains in a strong financial position with sufficient reserves for near term expenditure.
113th Birmingham Scout Group Executive Committee Balance Sheet: 1st April 2022 to 31st March 2023
| Summary of brought forwardposition: | £72,522.73 | £72,522.73 | £72,522.73 |
|---|---|---|---|
| Total Assets at 31st March 2022 | £72,522.73 | ||
| Cash in Bank at 01 April 2022 | £21,263.12 | Cash in Bank at 31 March 2023 | £21,298.03 |
| Net Income | £34.91 | ||
| Assets | Liabilities | ||
| Cash in bank | £21,298.03 |
Unpaid debts |
£0.00 |
| Scout Association Investment (on 12/05/2023) |
£49,630.87 |
Brian Barnes Legacyreserved |
£43,936.00 |
| Equipment | £2,070.25 |
Equipment Depreciation |
207.03 |
| Total Assets £72,999.15 Net Assets (not reserved) £28,856.13 Total Assets Change on last year £476.42 |
Total Liabilities £44,143.03 |
||
| Income 01/04/22 to 31/03/23 | Expenditure 01/04/22 to 31/03/23 | ||
| Section Income | £17,720.78 |
Section Expenditure |
£14,758.14 |
| £- | Census |
£3,767.40 |
|
| £- | Gas |
£637.00 |
|
| £- | Electricity |
£738.91 | |
| £- | Water |
£541.97 |
|
| Gift-Aid | £2,969.64 |
Rates |
£179.20 |
| Donations | £1,503.68 |
Insurance |
£- |
| Hall Hire | £2,544.00 |
Maintenance |
£3,507.45 |
| Fundraising | £- | Cleaning |
£1,196.00 |
| Interest | £- |
Events |
£- |
| Misc Income | £- |
Equipment |
£1,433.12 |
| Grants | £2,056.00 |
Misc Expenditure |
£- |
| Total Income | £26,794.10 | Total Expenditure | £26,759.19 |
| Net Income | £34.91 | ||
Charity Name 113[th] Birmingham [1[st] Ariel] Scout Group
Registered Charity No 524567
HQ Registration 10011054
Charity Principal Address
41, Northfield Road. Kings Norton, Birmingham. B30 JD
Independent examiners statement. I have completed my examination. I can confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:
1[st] April 2022 to 31[st] March 2023
-
Accounting records were not kept as required by section 63 of the 2008 Act and section 130 of the 2011 Act; or
-
The accounts do not accord with those records; or
-
The accounts do not comply with the accounting requirements of the 2008 Act and the 2011 Act; or
-
The acounts 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 and requirments that the acoounts give a “true and fair view which is not a matter considered as part of an independent examination. I confirm there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed
MJHammersley
Martin J Hammersley
Address
99, Woolacombe Lodge Road
Selly Oak
Birmingham
B29 6QA
Date
23/01/2024