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2022-03-31-accounts

Redditch District Scout Council Trustees Report

For the Year Ended 31st March 2022

The trustees present their report and the financial statements for the year ended 31st March 2022.

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 A Bennet
M McAulife (District Commissioner) A Pinder N Spencer
S Harfey (District Minute Secretary) H Sargent B Parker
K Sterland-Smith (District Treasurer) G Penny J Ingleby
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 beneft

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 five times through the year to conduct the business of scouting in Redditch (once by Zoom virtual communication). It appointed a Network Commissioner to promote a programme for the 18 -25 age group, and a Youth Commissioner to develop and report on the 8- 18 age range.

Overall the Charity made a surplus of £17,726 during 2021/22. The main reasons for the surplus were loan repayments from Groups and Grants. The District successfully spent the District subscriptions on planned District activities. The District Scout Shop made a surplus of £768.

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 2022 were £144,701 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 2022, £37,429 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 (2022/23) 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

1st June 2022

REDDITCH DISTRICT SCOUT COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31st MARCH 2022

Notes
Unrestricted
Funds
Restricte
d Funds
2022
Total
£
£
£
Incoming Resources:
Subscriptions
495
14,145
14,640
Rent
0
990
990
Camping Fees
50
0
50
Donations
0
0
0
Loan Repayments
3,913
0
3,913
Interest - General
49
0
49
Jamboree Fundraising
0
10,074
10,074
Grants
96
10,000
10,096
Profit from Scout Shop
768
0
768
TOTAL INCOME
5,371
35,209
40,580
Outgoing Resources
Direct Charitable
2
592
21,021
21,613
Management & Administration
3
1,241
0
1,241
TOTAL EXPENDITURE
1,833
21,021
22,854
SURPLUS/ - DEFICIT FOR THE YEAR
3,538
14,188
17,726
2021 Total
£
18,972
990
0
500
3,913
270
600
10,173
937
36,355
22,064
504
22,568
13,787

REDDITCH DISTRICT SCOUT COUNCIL

BALANCE SHEET AS AT 31st MARCH 2022

Notes
£
£
Fixed Assets:
Tangible Assets:
Astwood Bank Land
15,189
Current Assets:
District Cash and Bank Balances
HSBC Current Account
4,459
CAF Current Account - Scout Shop Account
13,317
Barclays Community Account
39,322
Unit Trusts
37,429
7 Day Account - General
28,000
7 Day Account - Gang Show
10
14,710
BARCLAYS - Cubs
5,140
BARCLAYS - Beavers
761
Redditch District Beavers
0
Redditch District Cubs
0
Redditch District Explorers
10
7,425
Redditch District Scout Active Support
10
1,186
Redditch District Scouts
10
552
Loans to Groups Outstanding
24,627
176,928
Debtors
4
3,408
Stock
5
6,323
186,658
Liabilities:
Creditors
6
-1,838
Funds held in trust
From closed group to support future new Groups
-3,606
Greenlands Service Charge
-9,500
-13,106
NET ASSETS
186,903
DISTRICT FUNDS:
8
General Funds
144,701
Restricted Funds
42,202
TOTAL FUNDS
186,903
2022
£
30,615
10,793
0
39,571
28,000
14,710
0
0
973
2,472
7,425
1,186
552
28,540
£
14,597
170,626
0


-12,416
2021
164,838
170
5,618
-3,606
-8,810
172,807
134,636
38,171
172,807

Approved by the Board of Trustees on and signed on their behalf by:

Peter Nash Chair of Trustees

REDDITCH DISTRICT SCOUT COUNCIL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2022

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
Training
COVID Recovery expenses
Rent
COVID Group support
Upgrading Astwood Bank Land
Unrestricted
£
0
0
0
0
0
0
592
592
Restricted
£
14,145
3,600
165
811
300
2,000
0
21,021
2022
Total
£
14,145
3,600
165
811
300
2,000
592
21,613
2021
Total
£
16,480
0
0
4,452
300
0
832
22,064

3) MANAGEMENT AND ADMINISTRATION OF THE CHARITY:

Admin Expenses
Lottery Fee
MPLC Licence
District Commissioner Expenses
Volunteer Insurance
AGM Expenses
4) DEBTORS:
Subscriptions
Unrestricted
Restricted
Total
£
£
£
397
0
397
20
0
20
156
0
156
543
0
543
76
0
76
50
0
50
1,241
0
1,241
Unrestricted
Restricted
Total
£
£
£
3,408
0
3,408
2021 Total
£
69
0
151
283
0
0
504
2021 Total
£
170

5) STOCK

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

6) CREDITORS:

Group expenses
7) RECEIPTS IN ADVANCE:
Subscriptions received in advance
Unrestricted
Restricted
Total
£
£
£
1,838
0
1,838
Unrestricted
Restricted
Total
£
£
£
0
0
0
2021 Total
£
0
2021 Total
£
0

8) FUND BALANCES:

The fund balances as held at 31st March 2022 were for the following purposes

General
Capital
COVID Recovery
Trust Funds
Gang Show
International
Unrestricted
Restricted
Total
£
£
£
68,134
0
68,134
76,567
0
76,567
0
9,189
9,189
0
13,106
13,106
0
14,710
14,710
0
5,197
5,197
144,701
42,202
186,903
2021 Total
£
55,927
78,709
5,548
12,416
14,710
5,497
172,807

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
Explorers
11th Redditch
TOTAL
2022
2021
£
£
49,147
60,264
9,878
11,013
10,873
10,873
10,490
10,490
25,203
22,801
5,116
9,376
9,374
7,425
12,844
13,875
132,925
146,117

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 2022

Notes
Incoming resources:
Subscriptions
Rent
Camping Fees
Donations
Jamboree Fundraising
Loan Repayments
Interest - General
Advance repaid
Grants
Profit from Scout Shop
TOTAL INCOME
Outgoing resources:
Subs Headquarters
Jamboree
Training
Rent
MPLC Licence
COVID grant expenses
COVID grant support
Upgrading Astwood Bank Land
District Commissioner Expenses
Admin Expenses
Lottery Fee
Volunteer Insurance
AGM Expenses
TOTAL EXPENDITURE
SURPLUS/- DEFICIT FOR THE YEAR
Unrestricted
Funds
Restricted
Funds
2022 Total
£
£
£
495
14,145
14,640
0
990
990
50
0
50
0
0
0
0
10,074
10,074
3,913
0
3,913
49
0
49
0
0
0
96
10,000
10,096
768
0
768
5,371
35,209
40,580
0
14,145
14,145
0
3,600
3,600
0
165
165
0
300
300
156
0
156
0
811
811
0
2,000
2,000
592
0
592
543
0
543
397
0
397
20
0
20
76
0
76
50
0
50
1,833
21,021
22,854
3,538
14,188
17,726
2021 Total
£
18,972
990
0
500
0
3,913
270
600
10,173
937
36,355
16,480
0
0
300
151
4,452
0
832
283
69
0
0
0
22,568
13,787

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 2022, 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 29th June 2022