THE SCOUT ASSOCIATION WEST MERCIA SCOUT COUNTY STATEMENT OF ACCOUNTS YEAR ENDED 31 MARCH 202
THE SCOUT ASSOCIATION WEST MERCI CHARITY INFORMATION Reglstered Offico: 177 Novrton Road Grnat Ba 8lmilngham 843 6HN Indep•ndont Examlner. M Cupltt FCCA Lancasttr Cloments Llmlt•d C•rtffl•d Aecountants Stsnley Houso 27 Welllngton Road Bllston Wolverhampton Wegt Mldlandg WV14 BAH Sollcltors Enoch Evan8 64 Hatharton Road Walsall Wsl 1XS
THE SCOUT ASSOCIATION WEST MERCIASCOUTCOUNTY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2022 Total Fund5 2022 Tolal Funds 2021 UnrE$trlcted Funds Rostrlcted Fund$ Note INCOMING RESOURCES Voluntary Income Member5hSp Subscrlpilons DonationslGrants Income from charitable actlvities Income from generatlng fund5 Investment In¢ome Other 28,152 10,704 1,204 28,152 15,204 1,204 43.321 23.651 5,109 2b 4,500 2d 2• 185 723 185 723 233 709 TOTAL INCOMING RESOURCES 40.968 4.500 45,468 73,023 RESOURCES EXPENDED Cost of generating fvnds Cost of charttable actlvltles Governance 540 36,868 900 500 25,891 800 36.868 900 TOTAL RESOURCES EXPENDED 38,308 38.308 NET INCOMING RESOURCES BEFORE TRANSFERS Transfer between funds 2.660 4,500 7,160 45,832 NET INCOMING RESOURCES BEFORE OTHER RECOGNISED GAINS AND LOSSES 2,660 4.500 7,160 45,832 OTHER INCOME RESOURCES GAJNS AND LOSSES Unreali88d galrtslllosses) on investment assets 314 314 388 NET MOVEMENT IN FUNDS Fund balances brought fobward al 1 Aprll 2021 2.974 4.500 7,474 46,220 160,858 327.746 488,602 442,382 FUND BALANCES CARRIED FORWARD AT 31 MARCH 2022 163,830 332,246 496,076 488,602
| 2022 | 2A21 | |||||
|---|---|---|---|---|---|---|
| € | t | |||||
| UNRESTRICTED FUNDS Generalfund |
82,822 | gg,5g7 | ||||
| Designatedfunds | 8{,008 | 80,?59 | ||||
| r6&#r | t60,856 | |||||
| RESTRICTEDFUNDS | 332,246 | t27,74O | ||||
| - | 4S6.0?6 | =lgg,ry" | ||||
| Representcdbyi | ||||||
| FIXEOAS$ETS Tangible assets lnvesfinents |
298,602 ,6,251 |
294,174 15,427 * |
||||
| 314,853 | 309,607 | |||||
| CURRENTAS$ET$ Stocks Debtors |
II | 2,$42 3,156 |
2,356 1,275 |
|||
| Balanceatbank | 10 | 250,39itr | 273,247 | |||
| -r62ffi | --ffis | |||||
| Less CREDffORS: amountsfalling | ||||||
| duewithinono lrear | 1"1 | 81,42S | 97,877 | |||
| NET CURRENTA$SET$ | 181,223 | t79,0{11 | ||||
| -Effi | -TaH6E : |
THE SCOUT ASSOCIATION WEST MERCIA SCOUT COUNTY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2022 ACCOUNTING POLICIES Status Tho County Is a Reglsterèd Charlty. No. 524648. b Consolidatlon The accounts do not Consolidate West Mercia Scout County Llmite(I, a company Ilmlted by shares, which is a wholly owned subsidiary of West Mercia Scout County. Thls 18 due to the Company being domianlfor the period. ¢ Basls of Accounting The financial statements have been prepared to give a 'true and fair, view and have departed from the Charftles Ik¢ounts and Reports) Re9ulations 2008 only to the extent iequired to provlde a 'tru8 and falr, vlew. Thls departure ha5 Involved following the Charitie5 SORP IFRS 1021 publlshetl on 16 Juley 2014 rather than the Accountlng and Reportlng by Charitles.. ststement of Recommended Practice effective from 1 April 2005 which has Since been withdrawn. The financial statements have been prepad under the historical cDst convention with item$ recognised at cosl or transa¢llon value unless otheNls8 stated in the relevant notes to these accounts. The financlal statements have bèon prepared in accordance wlth the Statement of Recommended Praclice.. A¢¢ountlng and Rtportlng by Charities preparlng their accounts in accordance wlth the Financlal Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and Flnancial Reportlng Standard appllcable in the Unlted Klngdom and Republ1¢ of Ireland IFRS 1021 and Charitl¢s Act 2011. d Tangible FlxedAssets Provlsion for depreciating flxed asset8 held for use by the Charity is made at annual rates calculated to spread the costs Iless antlclpated residual disposal valuel of each asset evenly over its expect8d us8fv1 Ibfe. The depreciation ratÉs currently in use are at tho followlng rates on c05ts'.- Buildings Office equlpment Training Team equipment Motor Vehicle 2Yo 10Y. 10% 25% All tanglble flxed assets 8r8 used for Charltable purposes. Depreclation Is not charyed In yèar of purchase. • Stocks Stock8 of badges and books have b•on estlmated at the lower of costs and net realisable value. f Inve5tmentInrne Dlvldends, interest and rents are credited as Income when recelved.
THE SCOUT ASSOCIATION WEST MERCIASCOUT COUNTY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2022 ACCOUNTING POLICIES contlnued g Cashftow St8tem8nt5 In accordance wlth Flnanclal Reportlng Standzrd for Smaller Entitl85 (effective January 20151 the County is not requlred to produce cashflvw 5tatewnents. h D8signatsd Funds The County has designated certain funds for speclfSc purp05e5 but whlch are not legally separate funds. l R8strl¢ted Funds Re$trlctod Funds are funds subject to speclflc trusts either declared by donof or through an appeal. l Donations. Legacies and Similar Income Donations, legaclÈs and similar income re50urce$ are included in the year whlch they are receivable. which 15 when the Charity becomes entilled to the Resource. The value of servl¢es provlded by volunteers has not been Included. k Incomlng Rosources All Incomlng resources are included In the Slatement of Financial ktivitles when the Charity 15 leually eniltled lo th8 income and the amount can be quantifled with reasonable aecura¢y. Grant5 receivable are credlted to the Statement of Flnan¢lal Activities ISOFAI In the year for which they are received. Deferred income represents amounls for future periods and Is released to incoming re50urce$ in the period for which it has been rec8iv8d. l Expondlture All expenditure 1$ Included on an accrua15 basls and Is reco9nised when there Is a legal or constructive obligation to pay foy eypenditure. AJI costs have been directly attributed to one of the categorles of resources expended bn the SOFA The Charity is not registertrd for VAT and aeeordingly expenditure is shown gr055 of Irrecoverable VAT. Governance costs include those costs assocoated with meetlng the Con5titutlonal and Statutory requirements of the Charlty and Include Independgnt Examlnation fees. m Investm8nts Investmenls are Included at market value at the year end. Any galns or loss on revaluation 15 taken to the Staiement of Flnanclal Activities.
THE SCOUT ASSOCIAnON WEST MERCIASCOUT COUNTY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2022 INCOMING RESOURCES 2022 2021 Membershlp Subscriptions Subscriptions Less.. 156,596 186,901 1126,6841 1141,1041 11,760} 12,4761 Paid to The Scout Assoclatlon Rebate to Dlstrlcts 43.321 b Donatlofts. Grants and Slmllarlncome Grants- Donatlons.. 10,704 19.431 100 19,531 4,120 General 10.704 4,500 Donatlons.. Headquarters bulldlng and equlpment fund 15,204 23,651 A¢tlvltles In Furthgrance of rh8 Charity& Objects Tralnlng Fee$ Other actlvlty Income 1,204 3,663 1,446 1,204 5,109 d Inve5tmenf Incoffto Quoted investments Short Term InvÈstmÈnt Servlce Bulldlng Soclety Interest Other deposit interest 25 53 19 10 148 185 233 e Activitie5 for Gener*ting Funds Retalllmall orderle-bay sales 723 709 Of the total income of £45,46812021: £73,023) £40,968 {2021,' £68,903) relatsd to unrestrl¢ted funds and £4,50012021: £4,120) rgla¢8d to r85trlcted funds. RESOURCES EENDED Direct Costs Dtprec- latlon Support Costs 2022 Total 2021 Total Costof Charltable Actlvities Training Costs Other actlvlty costs Developmenl 377 6,509 1,004 7,387 1.381 35,487 1,185 24,706 21,591 6.886 8.391 21,591 25.891 Cost of Generating Funds Other Activities Tralnlng Total Tolal b Support Costs General overheads Administratlve e05ts 7,128 14.463 21.591 7,128 14,463 21,591 4,789 10,345 1S,134 Support costs have b88n alloeatsd across the dlfferènt a¢llvl¢le$ on the basls of spfrclfic ¢0gts. Of the total expendllvre of £38,30812021- £27.1911 related to unrestr58 funds and £Nil12021-. £NIII related to restricted funds.
THE SCOUT ASSOCIATION WEST MERCIA SCOUT COUNTY NOTES TOTHE ACCOUNTS YEAR ENDED 31 MARCH 2022 UNRESTRICTED FUNDS Expendi. ture Transf$r¥l valuations BIF IncomE CIF Designated funds Ttalnin9 team Badge Secretary World Jamboree Unit Scouting activities support fund Section activitles fund Development Explorer Exploslon fund Cub Glbraltar fund Archery fun(1 Recovery Fund 22,101 13,077 1.500 1,381 540 20,720 13,407 3,300 870 1.800 10,105 4,067 909 623 8,000 446 19,431 80,259 10,10S 4,067 909 623 8,000 446 19,431 81,008 870 1,921 1,800 General Fund 80,597 160.856 40,412 41,282 36,387 38,308 1,800 82,822 163,830 The above lunds have been set aslde by the County Executive to be used for their partlcular purpose. RESTRICTED FUNDS 1 April 2021 Movement Incorning Outgolng 31 March 2022 Transfer Headquarters buildln9 and equlpment fund 327,746 4.500 332,246 The Headquarters Building and Equipment Fund 15 Set aslde to show the amount Investod In tangible fixed assets ag this 18 not avallable to be used for revenu• expendlture. TANGIBLE FIXED ASSETS Training tÈam equipment Land and buildings Office equiptnent Motor Vehlcle Total COST At l Aprll 2021 Addltlons 018P05al$ At 31 Mah 2022 359,148 32,g118 10,319 23.747 415,813 12,819 2,500 3S9.148 43.237 2,500 428,632 DEPRECIA TION At 1 April 2021 Charge for the year Eliminated on dlsposals Ai 31 March 2022 71.057 6,571 28,245 816 22,337 1.004 121.639 8,391 77.628 29,061 23,341 130.030 NET BOOK VALUE At 31 March 2022 281,520 14,176 406 2.50 298,602 At 31 March 2021 288,091 4.673 1.410 294,174
THE SCOUT ASSOCIATION WEST MERCIA SCOUT COUNTY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2022 FIXED ASSETS INVESTMENTS 2022 2021 Quoted Investments Market value at 1 Aprll 2021 Increase In market value 1.675 314 1,287 388 Market value at 31 March 2022 1,989 1.675 Historl¢al cost at 31 Mar¢h 2022 £2,150 (2021: £2.1501 Unquotedlnveslments Scout Asso¢latlon Investment Tipton & C05eley Building Society 4,036 10,226 3,536 10,216 14,262 13,752 Total Investments at market value at 31 March 2022 16,251 STOCKS Badges lestlmatedl Book5 2,100 502 2.100 256 2,602 2,356 DEBTORS Prepayments 3.156 10 BALANCE AT BANK Vlrgln Current Bank Vlrgln Traoning Team Current Account Barclays Prirne Account Cater Ajlen Prlvate Bank Barclays WJ Account 90,528 20.315 73,162 68,758 4.131 116,395 20,692 71,627 63.6S6 877 256 894 273,247 CREDITORS.. amounts falllng du8 withon one y•ar Acenjed expenses Deposlts 2,174 79.255 897 96.980 81,429 97,877
THE SCOUT ASSOCIAnON WEST MERCIA SCOUT COUNTY NOTES TO THE ACCOUNTS YEIR ENDED 31 MARCH 2022 12 ANALYSIS OF NET ASSETS BY FUND Un- R85tricted Restricted Funds Funds Total Tanglble fixed assets Investments Current aS8¢ts Less.. Current liabiliti85 298,602 4,036 29.608 298,602 16,251 262,652 181,4291 12,215 233,044 181,429) 163,830 332,246 496,076 13 EMPLOYEES REMUNERATION 2022 2021 Total remuneratlc*n for the year Salary Soclal Se¢urlty costs PensSon Contribution8 Number Numb•r The averag? number of pald staff for th? yoar 14 TRUSTEES. REMUNERATION AND EXPENSES Remun¢rallon pald to tru5t8•S Expen$g8 pald to trust•e5 for travelllng expenses 1,099 269 Number Number Number of trustee$ relmbursed 15 INDEPENDENT EXAMINERS REMUNERATION 21122 2021 Fees 900 800
INDEPENDENT EXAMINER'S REPORT THE SCOUT ASSOCIATION WEST MERCIA SCOUT COUNTY I r8POrt on the accounts of The Scout A550ciatlon of West Mgr¢ia Scout County for the year ènded 31 March 2022. which are set out pages 2 to 9. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Chèrltys trustses are re8ponslbl* for thg preparatlon of the accounts. Thfr Charlty's tnjstoes conslder that an audlt 15 not requlred for thls year under Sectlon 144121 of the Charities Act 2011 Ith¢ 2011 A) and that an Indepondent examlnatlon Is requirod. It Is my r85ponslblllty to: 8xamln• th• accounts under Section 145 of the 2011 Aci follow the procedure5 laid down In the General Direetlons given by the Charrty Commlsslon under S•ctlon 14515llbl ol the 2011 Act and state whether particular mattèrs have come to my attantlon. BASIS OF IIIDEPENDENTEXAMINERS REPORT My examlnatlon wa$ cawrfed out In aeeordan¢• wSth tho General DSrectlons glven by thè Charfty Commlsslon. An examinatlon Includes a revlew of the a¢countlng records kept by the Charlty and comparf8on of the accounts presentsd wlth those records. It also Includes con5idgrntlon of any unusual Items or dlsclosur8s In the accounts and 398klng explanallons from you a5 trustees concerning any such matt8r5. The procedures undertaken do not provlde all the evidence that would be required In an audlt and congequently no oplnlon 1$ glv8n as to whother the accounts present a Irue and fair vlew. and th8 r8POrt Ss Ilmltod to those matt96 Set out In tho Statement below. INDEPENDENT EX4MINERE STA TEMENT In connactlon wlth my examlnatlon. no matter has come to rny attention: whlch glve m8 r8asonabltr cause lo belleve tha( in any materlal respect, the requlrements: to keBP accountlng records in accordance wlth Sectlon 130 of the 2011 Act and to prepare accounts which o¢eord wlth the accountlng reeords and to comply wlth the atcountlng requlrements of the 2011 t have not been mgt, or lo which, my oplnion. attention should be drawn in order to enable a proper und•rstahdlng of accounts to be reached. Lancaster Clements Llmlted C8rNfled Accountants Stanley House 27 Welllngton Road BllstDn Wolvethampton West Midlands WV14 fjAH Mark Cupitt FCCA Oirector Lancastor Clements Llmlted 21 September 2022 10