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2021-01-01-accounts

1[st] Whitehead Scout Group Accounts for the Year ended 31[st] December 2020

Receipts & Payments Account

31/12/20 31/12/19
Unrestricted Restricted Total Funds Total Funds
Funds Funds
to nearest £ to nearest £ to nearest £ to nearest £
Receipts
Subscriptions 720 720 570
Grant 690 690 540
Donations - - -
Bank Interest 6 6 11
Total Receipts 1,416 1,416 1,122
Payments
Capatation (792) - (792) (672)
Insurance (560) - (560) (299)
PowerNI (118) - (118) (104)
NI Water (105) - (105) (186)
Hall & Garden - - - -
Expenses
Misc Expense (101) - (101) (311)
Valuation - - - -
Bank Fees (21) - (21) (25)
Total (1,698) - (1,698) (1,597)
Payments
Net of (282) - (282) (475)
Receipts/
Payments
Transfer - - - -
between funds
Cash Funds 8,156 - 8,156 8,630
last year end
Cash funds
this year end
7,873 - 7,975 8,156

1[st] Whitehead Scout Group

Statement of Assets and Liabilities 31[st] December 2020

Cash Assets

Current Account
Add cheques not
cleared the account
Old Scout Account
Saving Account
Total Cash Fund
Unrestricted Funds
Restricted Funds
Total Funds
to nearest £
to nearest £
to nearest £
4,228
-
4,228
-
-
-
-
3,646
-
3,646
7,873
-
7,873

Other Assets

Capitation Fees Due £0

Liabilities

1[st] Whitehead Scout Group Notes to the Accounts

Trustees' Expenses

No expenses were paid to any of the Trustees during the year except to reimburse them for purchases made on behalf of the Society.

Trustees' Indemnity Insurance

No charitable funds have been used to purchase insurance to indemnify the Trustees against the consequences of any neglect or default on their part.

Accounting Policies

Section 133 of the Charities Act 2011 permits a charity to prepare a receipts and payments account and a statement of assets and liabilities where gross income in the financial year does not exceed £250,000, therefore receipts and payments accounts and a statement of assets and liabilities has been prepared and presented for the year ended 31[st] December 2020; this is consistent with previous years.

All Income, including grants and investment income is recorded when received. All Expenditure is recorded when paid.

Basis of Valuations

Valuations have been provided for assets held for functional use; where possible the brand new purchase price/replacement cost is given. If this is not readily available a second-hand purchase price is given.

Independent Scrutiny

In the year ended 31[st] December 2020 gross income did not exceeded £25,000 and therefore, in accordance with the sections 144 & 145 of the Charities Act 2011 no audit or independent examination is required and no such scrutiny requirement is imposed by the Society’s governing document.

Cheques not cleared at bank at 31[st] December 2020

At 31[st] December 2020 there were no cheques issued by the society which had not cleared at the bank.

For comparison, at 31[st] December 2019 there were no cheques