STOURBRIDGE AND DISTRICT SCOUT COUNCIL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Charty Registration No. 524638 The Scout Association No. 306101 STOURBRIDGE AND DISTRicf SCOUT COUNCIL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 INDEX PAGE Legal and administrative details Trustees, report Independent examiner's report Prlncipal accounting policies Statement of financial activtties Statement of assets and liabilities & reconcillatlon o* funds Notes to the financial statements 10-12 STOURBRIDGE AND DISTRICT SCOUT COUNCIL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31￿ MARCH 2025 LEGAL AND ADMINISTRATIVE DETAILS Charity Registration No. The Scout Association No. 524638 3(E101 Contact: Alderman Tye kout Headquarters South Road Norton Stourbridge West Midlands. DY8 3ET Trustees: Mr. T. Castle Mr. P. Thomason Mrs. S Jackson Mr. L Hickman Mr5. K. Darby Mr. M. Wall Mr. H Pear50n Mr. A Nicholls Mr. S Garratt Bankers: National Wèstminster Bank HSBC Bank Metro Bank Independent Examiner. Neal & Co - Accountant5 and Business Admgors Shakespeare Building 26 Cradley Road Cradley Heaih B64 6AG REFERENCE AND ADMINISTRATION DETAILS The Charity known as the Stourbridge and District Scout Council was formalty registered with the Charity Comtnissioner5 on 301h January 1964 and it5 Registered Number is 524638. For the year ended 31st March 2025 the finalised resuks of the st0urbrld￿ and District Scout Cwncil have been con501idated Into one baLince sheet but still fully disclosing the ￿ndMdu8l lunds that are the responsibility of the District only. TRUSTEES The Trustees in office duriry the last financial year were as Shown on page 1. STRVCTURE, GOVERNANCE AND MANAGEMENT Governin document The District's governing documents are those ol The Scout Association. They consist ol a Royal Charter, which in tuin gives authority to the Bye Law5 of the Association and The Policy, Organisation and Rules of The Scout Ass¢xration. Chari constitution The District 15 a trust established under its rules that are common to all Scouts in the UK Trustee selection rnethods The Trustees are appointed in accordance with the Policy Organisatvn and Rules of The Scout Associatio SUMMARY OF THE OBJEcfs OF THE CHARITY The objectives are as a unit of The ScoLrt Association. The Airn of The Scout Association is to promote the development of young people in achieving their fvll physical, intellectual. social and spiritual potentials, as individuals, as responsible citizens and as members of their local, national and International comrnunitie5. The method of achieving the Aim of the Association is by providing an enjoyable and attractwe scheme ol progressive training, based on the Scout Promise and Law and guided by adult leadership. PUBLIC BENEFIT The trustees of the Slourbridge and Distritt Scout Counol accept the r*ed to havè règard to the Charty Cornrnission's guidance on public benefit. They recognise that it is their ￿spOnsIbl11ty to ensure that the benefr(s offered are real￿ed in the District by promoting all aspects of scoutin9 Wlthin the area both in membership and In the wider comrnunity. The aim is as set out in the Objectives above, membership lor both young people and leaders is voluntsry, and the organisation believes in bein9 fair. open and inclusive. SUMMARY OF ACTIVITIES Demand for Scouting activities across the District remains positive across all groups. As in previous years, the recruitment and retention of volunteers remains a challenge. However, the District continues to support to groups in order to recruit, train and retain volunteers. September 2024's District camp at Blackwell Adventure was a huge success and saw representation from all groups and sertions. Everyone who attended hèd a great experience and the district plans to repeat the event in the coming years. Financial support from District enabled the groups to set costs so cost should not be a barrier to attending. The district headquarter5 continue to be self financing and do not place a financial burden on the District. However, with ever increasing establishment costs, the trustees continue to seek best value for services Supplied along with increased revenue for building usage. Remedial works have been carried out on the flat roofs excluding the main hall. All roofs have been repaired that should prolong their useful life. POLICY ON RESERVES The trustees have considered the need for reserves and derived a policy of workirvJ towards a level of ￿serVes, which will eventually equate to one year's running costs. This level Is to ensure 5U5tainability through potentia5 cash flow problems. RISK MANAGEMENT The District supp)rt groups to ensure compliance with Scout Association rule5 and regulations and to mitigate risk when running Scouting activities. The Distrirt has in pSace systems of internal controls that are designed to prc>vide reasonable assurance against material mismanagernent or loss, these include 2 signatories lor all payments and a comwehensive insurance policy to ensure that Insurable risks are covered. A District specific finance policy is currently being developed. TRUSTEE TRAINING METHODS Tru5tee5' attention 15 drawn to the responsibilities ol trustees and training is available and encouraged on an ongtsing basis. Mèmbers of the executwe commrttee are encouraged to undenake training specific to their rde. INVESTMENT SELECTION POLICY Funds that are not needed lor day-to-day use are kept in Interest bearing deposit accoLJnt5 held with the Scout Assockition. FINANCIAL REVIEW The nett outgoing of resources lor ihe year amounted to £1,284 IIFKoming 2024. £4951. At the year-end, unrestricted reserves were held of £29,47412024.. £30,758). TRUSTEES. RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year that give a true and lair view of the charity's financial activities during the year and of its financial position at the end tsf the year. In preparing financial statements giving a true and lair view, the trustees should follow best practice and.. select suitable accounting p¢licies and ihen apply them consistent make judgments and estimates that are reasonable and prudent state whether applicable accounting standards and statements ol recommended practice have been followed, subject to any rnaterial departures disclosed and explained in the financial statements prepare the financial statements on the going concern basis unless it is inappropriate to presume that the chafity will continue in opèration. The trustees are responsible for keepin9 accounting records which disclose with reasonable accuracy the tinancial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They are aK%o responsible lor safeguarding the assets ol the charity and hence for taking reasonable steps for the prèvention and detection of fraud and other irregularities. On behalf of the trustees Aaron Hickman FCCA - Treasurer Date.. 151 September 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE STOURBRIDGE AND DISTRICT SCOUT COUNCIL We report on the accounts of the Group/District for the year ended 37￿ March 2025. Re5pertive responsibilities of Trustses and Strutineer As the District's trustees you are responsible for the preparation of the accounts,. you consider that neither the audit nor independent examination r4uirements of the Charities Act 2011 apply. It is my responsibility w"rthout carrying out an audit or independent exarnination to scrutinise the accounts and to reFx)rt to y(MJ. Ba￿5 of Scrutineer's Ststement In accordance with the directions 9iven in the Gr￿p.5/DiStriCt's constitution, I have scrutinised the records and the accounts set out on pages 6 to 12. rutineer's Statsment In my opinign the accounts are in accordance with the records produced to me and comply with the constitution. Neal & Co- Accountants and Busintss Athjisors shakespea￿ Buildiny 26 Cradlty Road Cradley Heath 864 6AG . January 2026 STOURBRIDGE AND DISTRI￿ SCOUT COUNCIL PRINCIPLE ACCOUNTING POLICIES BASIS OF PREPARATION Basis ol accountin The financial statements have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities - Ststement of Recommended Practice ISORP 20151, the Accounting Standards and with the Charities Act 2011. Chan e in basis of accountin There has been no change to the accounting policie5 (valuation rule5 and Methods of accounting) since last year. INCOMING RESOURCES Reco nition of Incomin These are included in the Statement of Financial Actiwties ISOFAI whe the charity becomes entitled to the resources the trustee5 are virtually certain they will receive the resources and thé monetary value can be measured with suffiaent reliability resources Mèmbershi subscri tions Memberships subscription collerted on behalf of other parts of The Scout Movement are reported in the SOFA net of any arnount paid out. This is because these subscriptions are in effect held as agents before being paid out. Incomin resources with related ex enditure Where incoming rèsourcés have related expenditure las with fundraising or contract income), the incoming resources and related expenditure are reported gr05s in the SOFA. Grant5 and donations Grants and donations a￿ only included in the SOFA when the charity ha5 unconditional entitlement to the resource Volunteer hel The value of any voluntary help received is not included in the financial statements but is described in the trustees, annual report. Investment income This Is included in the financial statements when receivable. STOURBRIDGE AND DISTRICT SCOUT COUNCIL PRINCIPLE ACCOUNTING POLICIES EXPENDITURE AND LIABILITIES reco nition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Governance costs These include costs of the prèparation and examination of statutory financial staterTJenls, the costs 01 trustee meetings and cost of any legèl advice to trustees on governance or con5trtutional matters. ASSETS Stocks These would be valued at the lower of cost of market valuè, but no stock is currentty held. 12019: £nill Fixed assets All current redevelopments at the headquarters are being financed by specific project grants to whith there is no cost to the District. The headquarters are not included in the Di5trirt accounts. The land on which the building is Itased from Dudley MBC and the building c05t5 held In trust by the Scout Association. INSURANCE Annually, a review of the property and equipment owned by the District is carried out with values insurèd and equipment covered being updated accordingly. STOURBRIDGE AND DISTRICT scol￿ COUNCIL STATEMENT OF FINANCIAL A￿1VITIEs FOR THE YEAR ENDED 31ST MARCH 2025 Total 31st March 2025 Total 31st March 2024 Inwme Membership and subscriptions Badge sale5 Hire of heèdquarters Interest received Donations HQ repair5 fund HQ developrnent fund Covid group support fund Total incoming resources 29.211 2.151 11056 28,141 3,493 10,881 244 350 12,494 2,412 2,690 693 48,555 1134 64477 Expenditure Capitation Badges for re-sale Scouting activities Heat and light Ground rents Water Insurance Waste collectior Telephone and internet HQ maintenance HQ repairs fund HQ development fund Covid group support fund O￿lCe expenses Totsl resources expended 23,443 3.976 24,300 3,573 4563 7,726 611 1,443 281 576 2,653 1,493 301 624 4261 16,900 2,690 693 1134 1577 65.761 48,060 Net Idefiatllsurplus of resource5 from artivities 1,284 495 STOUR8RIDGE AND DISTRICT SCOVT COUNCIL STATEMENT OF ASS￿5 AND LIABILITIES AND RECONCILIATION OF FUNDS FOR THE YL4R ENDED 31ST MARCH 2025 Note Total 31st March 2025 Total 31st March 2024 Fixed assets Tangible assets Current asstts Debtors and prepayments Cash at bank and In hand 35,057 68,060 103,117 71327 79.221 Curre¢)t liabilities Creditors and accruals 11.060 11,060 2.589 2,589 Net current assets 100,528 Net assets 100,528 THE FUNDS OF THE CHARITY Headquarters redevdtspment Scouting actiwities Headquarters propety fund Covid support fund Explorer funds 6,082 22,960 13,265 11203 771 1&843 18,976 &871 3&687 8,487 69.770 At the beginning ol the 15nancial year Net Idelicitl/surplus ol resources from activities At the end of the financial year 30,758 1.284 30,263 495 29.474 30,758 6&161 1C().528 STOURBRIDGE AND DISTRI￿ SCOUT COUNCIL THE ACCOMPANYING Accou￿[N6 POLICIES AND NOTES FORM AN INTEGKIL PART OF THESE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr MARCH 2025 Deposit investment previously held by the Scout Association has been closed in the year under rewew. 2025 2024 Hire of headquarters due Prepayrne￿s Group support Capitation paid in advance 5.314 2,853 4,550 3,478 24,178 35,058 6.894 2025 2024 Current èccount111- Natsvest Cijrrent account121- Natwest Current account131- HSBC - Badges Current account 141- Metro Cash In hand 55,461 3,3CKJ 364 13.182 19 48,194 20 3,117 16,710 19 71327 68,060 2025 2024 Creditors and accrua15 11.060 2.589 11,060 2,589 10 OURBRIDGE AND Diffiiicf SCOUT COUNCIL YE4R ENDED 31ST MARCH 2025 2025 2024 Balance brought forward Grants received Grant money recognised a￿1n$t expenditure 6.082 8,772 082 2,690 6.082 2025 2024 Balance brought forward Tlr to restricted funds in year 22,962 10,759 9,962 13,0(x) 12.203 202S 2024 Balance brought forward Restricted funds recognised as income in year 13.265 12.494 15,671 2,412 771 13,265 2025 2024 Balance brought forward Grant money recogni5ed against expenditure 1&976 2.134 19,669 693 2025 2024 Balance brought forward Tlr from restricted funds in year 8,487 7,211 1,276 io STOURBRIDGE AND DISTRICT sco￿ COUNCIL YEAR ENDED 31ST MARCH 2025 The charity had no paid employees during the year12024125 £nill. No rernuneration was paid to trustees during the year other than out ol wcket expenses and rnileage 12024". £nill. 12