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2021-03-31-accounts

Redditch District Scout Council Trustees Report

For the Year Ended 31st March 2021

The trustees present their report and the financial statements for the year ended 31st March 2021.

The District Committee consists of Trustees to undertake the management of the Charity. The Committee meet regularly with a minimum of five meetings per annum. The day-to-day management is with the District Chair in conjunction with the District Commissioner.

Principal activities

The purpose of the Charity is the provision of Scouting groups for young people of all ages plus adults.

Trustees

The trustees who served during the year were as follows: -

P Nash (Chair) J Payne M McAuliffe (District Commissioner) A Pinder S Harffey (District Minute Secretary) H Sargent K Sterland-Smith (District Treasurer) G Penny S Watkiss S Summers D Cockram A Cockram L Mowatt R Farrington

Through careful management, the organisation is financially viable. The majority of income

is obtained from membership and fund-raising events.

Public benefit

The trustees have referred to the guidance contained in the Charity Commissions General Guidance on public benefit when reviewing the charitable aims and objectives and in planning future activities. The trustees have considered how planned activities will contribute to the aims and objectives set.

Organisational structure

District Committee I Scout Groups I Volunteers

Risk Management

All major risks have been identified and have procedures in place. Risks are reviewed periodically. There is an annual review of the level of funding that is necessary to cover potential risks.

Financial Review and developments

The District Committee has met four times through the year to conduct the business of scouting in Redditch (once by Zoom virtual communication). It appointed an acting Network Commissioner to promote a programme for the 18 -25 age group.

Overall, the Charity made a surplus of £13,787 during 2020/21. The main reasons for the surplus were loan repayments Groups. The District successfully spent the District subscriptions on planned District activities. The District Scout Shop made a surplus of £937.

There is an opportunity for District Groups to apply for a grant or loan for the future investment in scouting, usually related to property. There are currently two loans outstanding from 1st Matchborough relating to roof repairs in 2007 and heating repairs in 2015 and to 11th Redditch Scout Group, for an extension to their headquarters.

The trustees have identified the activities and achievements of the District and these are largely contained in the reports of the District Chairman and District Commissioner. They include: -

District Reserves

The District policy on reserves is to hold sufficient reserves to continue the charitable activities of the District, should income and fundraising activities fall short. The District Committee considers that the District should hold a minimum sum equivalent to 12 months running costs. General Funds held at 31st March 2021 were £134,636 which exceeds the minimum requirement, and this provides an opportunity for the District to support one off initiatives relating to the future investment scouting in Redditch.

The Charity holds sufficient reserves in the bank account and a 7-day investment account at the Scout Association so that funds are available, as required, to pay expenditure and support developments. A minimum funding equivalent to two months expenditure has been identified as a cash reserve.

Reserves not required in the short or medium term have been invested through Cazenove Capital Management. As at 31st March 2021, £39,571 was held in the Income Trust for Charities Income Units. In addition, £28,000 is held in a 7-day short term investment account for the Scout Association.

Charity law requires the trustees to prepare financial statements for each financial year that provide a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing the financial statements the trustees have: -

The trustees have overall responsibility for ensuring that the Charity has appropriate system of controls, financial or otherwise. They are also responsible for keeping proper accounting records which disclose, with reasonable accuracy, at any time the financial position of the Charity. The trustees are also responsible for safeguarding the assets of the Charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees have funding for the current year (2021/22) which will allow the Charity to maintain the current activities.

District Thanks

The trustees would like to offer their thanks to all Scouters and District Officers for their contribution and hard work during the very challenging circumstances caused by Covid 19 pandemic, and their experience and skills which they willingly give to Scouting in the District.

On behalf of the Trustees

Peter Nash Chair of the Trustees 7[th] June 2021

REDDITCH DISTRICT SCOUT COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31st MARCH 2021

Notes
Unrestricted
Funds
Restricted
Funds
2021 Total
£
£
£
Incoming Resources:
Subscriptions
2,492
16,480
18,972
Rent
0
990
990
Camping Fees
0
0
0
Donations
500
0
500
Loan Repayments
3,913
0
3,913
Interest - General
270
0
270
Jamboree Fund Raising
600
0
600
Grants
173
10,000
10,173
Profit from Scout Shop
937
0
937
TOTAL INCOME
8,885
27,470
36,355
Outgoing Resources
Direct Charitable
2
832
21,232
22,064
Management & Administration
3
504
0
504
TOTAL EXPENDITURE
1,336
21,232
22,568
SURPLUS/ - DEFICIT FOR THE YEAR
7,549
6,238
13,787
2020 Total
£
17,799
1,073
36
0
3,913
274
0
0
-988
22,106
19,008
573
19,581
2,526

REDDITCH DISTRICT SCOUT COUNCIL

BALANCE SHEET AS AT 31st MARCH 2021

Notes
£
£
Fixed Assets:
Tangible Assets:
Astwood Bank Land
14,597
Current Assets:
District Cash and Bank Balances
HSBC Current Account
30,615
CAF Current Account - Scout Shop Account
10,793
Unit Trusts
39,571
7 Day Account - General
28,000
7 Day Account - Gang Show
14,710
Redditch District Beavers
10
973
Redditch District Cubs
10
2,472
Redditch District Explorers
7,425
Redditch District Scout Active Support
10
1,186
Redditch District Scouts
10
552
Loans to Groups Outstanding
28,540
164,838
Debtors
4
170
Stock
5
5,618
170,626
Liabilities:
Creditors
6
0
Receipts in Advance
7
0
Funds held in trust
From closed group to support future new Groups
-3,606
Greenlands Service Charge
-8,810
-12,416
NET ASSETS
172,807
DISTRICT FUNDS:
8
General Funds
134,636
Restricted Funds
38,171
TOTAL FUNDS
172,807
Approved by the Board of Trustees on
and signed on their behalf by:
2021
£
£
13,765
17,710
10,019
41,157
28,000
14,710
973
2,472
8,297
1,186
552
32,453
157,529
0
5,208
162,738
0
0
-3,606
-7,520
-11,126
165,377
133,743
31,633
165,377
2020
£
£
13,765
17,710
10,019
41,157
28,000
14,710
973
2,472
8,297
1,186
552
32,453
157,529
0
5,208
162,738
0
0
-3,606
-7,520
-11,126
165,377
133,743
31,633
165,377
2020
157,529
0
5,208
-3,606
-7,520
165,377
133,743
31,633
165,377

Peter Nash Chair of Trustees

REDDITCH DISTRICT SCOUT COUNCIL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2021

1. ACCOUNTING POLICIES:

a) Basis of Preparation of Accounts:

The financial statements are prepared under the historical cost convention and include the results of the Charity's operations, all of which are continuing. The accruals concept has been applied so that income and expenditure are recognised as they are earned and incurred by the Charity.

The financial statements have been prepared in accordance with the Statement of Recommended Practice for accounting for Charities.

b) Taxation:

Redditch District Scout Council is registered with the Charity Commission and under the provisions of Section 505 Income and Corporation Taxes Act 1988 is exempt from liability to taxation.

Redditch District Scout Council - Charity Number 524636

c) Income:

Voluntary income donations are accounted for as received by the Charity.

d) Value Added Tax:

Value Added Tax is not recoverable by the Charity and as such is included in the relevant cost in the Income and Expenditure statements.

2) DIRECT CHARITABLE EXPENDITURE:

Subs Headquarters
Jamboree Refunds
Training
COVID Recovery expenses
Rent
Upgrading Astwood Bank Land
Unrestricted
£
0
0
0
0
0
832
832
Restricted
£
16,480
0
0
4,452
300
0
21,232
2021
Total
£
16,480
0
0
4,452
300
832
22,064
2020
Total
£
15,553
2,348
540
0
300
267
19,008

3) MANAGEMENT AND ADMINISTRATION OF THE CHARITY:

Admin Expenses
Lottery Fee
MPLC Licence
District Commissioner Expenses
4) DEBTORS:
Unrestricted
Restricted
Total
£
£
£
69
0
69
0
0
0
151
0
151
283
0
283
504
0
504
Unrestricted
Restricted
Total
£
£
£
170
0
170
2020 Total
£
94
20
147
312
573
2020 Total
£
0

5) STOCK

The stock consists of items held in the District Scout Shop which is valued at cost price.

6) CREDITORS:

There were no creditors as at 31st March 2021.
7) RECEIPTS IN ADVANCE:
Subscriptions received in advance
Unrestricted
Restricted
Total
£
£
£
Unrestricted
Restricted
Total
£
£
£
0
0
0
2020 Total
£
2020 Total
£
0

8) FUND BALANCES:

The fund balances as held at 31st March 2021 were for the following purposes

General
Capital
COVID Recovery
Trust Funds
Gang Show
International
Unrestricted
Restricted
Total
£
£
£
55,927
0
55,927
78,709
0
78,709
0
5,548
5,548
0
12,416
12,416
0
14,710
14,710
0
5,497
5,497
134,636
38,171
172,807
2020 Total
£
53,448
80,295
0
11,126
14,710
5,797
165,377

General reserves include balances held in District bank accounts but not Groups.

9) BANK BALANCES IN LOCAL GROUPS:

Local Groups held the following cash and bank at the end of their financial year:-

Astwood Bank
1st Birchensale
Church Hill
Crabbs Cross
1st Matchborough
1st Redditch
11th Redditch
TOTAL
2021
2020
£
£
60,264
60,264
11,013
11,013
10,873
10,873
10,490
10,490
3,342
3,342
9,376
9,376
13,875
13,875
119,233
119,233

Where information was not received, prior year balances have been used.

10) DISTRICT BALANCES:

In the absence of actual figures, the prior year figures have been used as a best estimate.

11) TRUSTEES:

No trustees received an income from the Charity.

Trustees' expenses were reimbursed.

12) CONTROLLING PARTIES:

The Charity is under control of its trustees.

REDDITCH DISTRICT SCOUT COUNCIL

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDING 31st MARCH 2021

Notes
Incoming resources:
Subscriptions
Rent
Camping Fees
Donations
Loan Repayments
Interest - Gang Show
Interest - General
Advance repaid
Grants
Profit from Scout Shop
TOTAL INCOME
Outgoing resources:
Subs Headquarters
Jamboree Refunds
Training
Rent
MPLC Licence
COVID grant expenses
Upgrading Astwood Bank Land
District Commissioner Expenses
Admin Expenses
Lottery Fee
TOTAL EXPENDITURE
SURPLUS/- DEFICIT FOR THE YEAR
Unrestricted
Funds
Restricted
Funds
2021 Total
£
£
£
2,492
16,480
18,972
0
990
990
0
0
0
500
0
500
3,913
0
3,913
0
0
0
270
0
270
600
0
600
173
10,000
10,173
937
0
937
8,885
27,470
36,355
0
16,480
16,480
0
0
0
0
0
0
0
300
300
151
0
151
0
4,452
4,452
832
0
832
283
0
283
69
0
69
0
0
0
1,336
21,232
22,568
7,549
6,238
13,787
2020 Total
£
17,799
1,073
36
0
3,913
0
274
0
0
-988
22,106
15,553
2,348
540
300
147
0
267
312
94
20
19,581
2,526

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF REDDITCH DISTRICT SCOUT COUNCIL

I report on the accounts of the Charity for the period ending 31[st] March 2021, which are set out on the following pages.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the Trustees you are responsible for the preparation of the accounts; you consider that the audit requirements of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my Responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43(7) (b) of the act, whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. As examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanation from you as Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention

have not been met; or

Paul Edward Field

6[th] June 2021