1st HERTFORD SCOUT GROUP
ACCOUNTS FOR THE YEAR ENDED
31** DECEMBER 2023
(Registered Charity No. 803113)
1st HERTFORD SCOUT GROUP RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31° DECEMBER 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | |||
| INCOME | |||||
| Subscriptions | 13515 | 14574 | |||
| Other Income | |||||
| Fundraising activities | 2078 | 690 | |||
| Donations | 17257 | 13979 | |||
| Grants | - | 3226 | |||
| Hire of HQ | 6148 | 8394 | |||
| Hire ofequipment | 1101 | - | |||
| GiftAid | 5248 | 3766 | |||
| Interest received | 1197 | 33029 | - | 30055 | |
| Section Activities (including camps) | 11566 | 17567 | |||
| Total Income | 58110 | 62196 | |||
| EXPENDITURE | |||||
| Membership Fee | 5974 | 7448 | |||
| Headquarters Expenses | |||||
| Electricity | 2656 | 2101 | |||
| Water | 153 | 27 | |||
| Maintenance, repairs, renewals& cleaning | 2170 | 6651 | |||
| Insurance | 3465 | 3311 | |||
| Broadband | 508 | 418 | |||
| Printing, postage& sundryexpenses | 450 | 9402 | 298 | 12806 | |
| Equipment Expenses | |||||
| Badges, scarves, books etc. | 1065 | 831 | |||
| Tents, canoes& miscellaneous equipment | 1053 | 2118 | 1796 | 2627 | |
| Section Activities | |||||
| Beavers/Cubs | 1493 | 1180 | |||
| Scouts (including camps & refunds) | 10685 | 13380 | |||
| Night hike | 420 | 12598 | - | 14560 | |
| Courses | 135 | 1015 | |||
| Planning application& various risk and | |||||
| environmental assessments reHQ | 12725 | 7220 | |||
| Total Expenditure | 42952 | 45676 | |||
| Surplus for the year | 15158 | 16520 | |||
| Gain/(Loss) onM&G Multi Asset | Fund | 1280 | - | ||
| TotalSurplusfortheyear | 16438 | 16520 |
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1st HERTFORD SCOUT GROUP BALANCE SHEET AS AT 31%* DECEMBER 2023
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2023|2022|
|£|£|
|ASSETS|
|Land|at Marshgate|Drive|(Note|1)|200000|200000|
|Lloyds Bank|and|Cash|Balances|24330|33824|
|Cambridge &|Counties Bank|(Note|2)|30821|25000|
|Cambridge &|Counties|Bank|(Note|3)|15000|-|
|M &|G|Investments|(Note|4)|26280|25000|
|Debtors|-|296431|3805|287629|
|LIABILITIES|
|Loan|(Note|5)|-|5000|
|Accrued|income &|expenditure|797|797|3433|8433|
|Net|Assets/(Liabilities)|295634|279196|
|ACCUMULATED|FUND|
|Balance brought|forward|279196|262676|
|Surplus/(Deficit)|for|the|year|16438|16520|
|TOTAL FUNDS|295634|279196|
----- End of picture text -----
Comments and Notes
The accounts have been prepared on a Receipts and Payments basis as allowed under the Charities Act 2011. In view of the turnover being more than £25000, an Independent Examination of the accounts has been undertaken.
Note 1 - The freehold land at Marshgate Drive, Hertford is held in the name of The Scout Association Trust Corporation on behalf of the Trustees of the Group.
Note 2 - A 24month Fixed Term Deposit @ 5.2%pa maturing 15.12.25 with the Cambridge & Counties Bank which is covered by the Financial Services Compensation Scheme (FSCS)
Note 3 - A 12month Fixed Term Deposit @ 5%pa maturing 19.8.24 with the Cambridge & Counties Bank
Note 4 - A medium to long term investment of £25000 in the M & G Charity Multi Asset Fund commencing 5'* December 2022.
Note 5 - An interest free loan from the Hertford District Exp[orer Scouts, repaid December 2023.
On behalf of the Trustees
Mr R W Day Treasurer Dated [8-4 24h
Mr C Searle Group Scout Leader Dated |Z. Y. Ly
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REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE Ist HERTFORD SCOUT GROUP Charity No. 803113
I report to the trustees on my examination of the accounts of the 1st Hertford Scout Group (‘the Trust’) for the year ended 31t December 2023, which are set out on pages 1 and 2.
Responsibilities and basis of my report
As the charity trustees of the trust, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act, and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- = the accounting records were not kept in accordance with section 130 of the Act; or «the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gary J Cansick
for and on behalf of Gary J. Cansick & Co. Chartered Accountants and Statutory Auditors. Janelle House, Hartham Lane, Hertford, Herts.SG14 1QN Dated (9) opof[22aL
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