1ST COLERAINE SCOUT GROUP ACCOUNTS - JAN 23 - DEC 23
| Receipts £ Fund Raising Hire of Hall Gift Subscriptions Donations received 110.00 Parent's Fees Nightly £2 subscriptions 3,851.42 Capitation 7,145.50 Government Funding EA Grant 2,800.00 IR Gift Aid Refunds 0.00 Danske Bank Interest Received on Term Deposit Account 153.64 Interest Received on Current Account 15.56 Totals Opening Balances Current Account 24,698.44 Term Deposit Account 20,485.34 |
£ 1,902.69 1,685.00 110.00 10,996.92 2,800.00 169.20 17,663.81 45,183.78 |
Payments £ Utilities Electricity 3,375.44 Heating oil 2,404.49 Telephone 504.19 Water rates 238.63 TV Licence 159.00 Building Maintenance Cleaner 1,680.00 Maintenance 3,622.47 Insurance- Buildings & Contents Equipment Badges 775.39 Scout Association Capitation Fees Leader Training Leader Uniforms Section Funding Bank Costs Gifts Totals Closing Balances Current Account 13,700.93 Term Deposit Account 20,638.98 |
£ 6,681.75 5,302.47 1,983.89 775.39 3,978.50 74.97 28.00 9,594.60 63.11 25.00 28,507.68 |
|---|---|---|---|
| -10,997.51 153.64 34,339.91 |
Explanatory Notes:
This period included some one-off expenditure items related to hall maintenance, in addition a top-up to the EA grant has been awarded but will not be paid until 2024 Overall numbers of children attending are strong and continue to grow. The group are reviewing fee levels and cuts to non-essential expenditure to balance the accounts going forwards.
Statement of Assets and Liabilities:
The scout group owns its building outright and has no debt in this regard. Its replacement cost is estimated as less than £1M GBP and buildings insurance is carried to this value. The group maintains a reserve account (term deposit account) which is intended to cover any unexpected maintenance costs associated with the scout hall. There are no other outstanding debts or liabilities owed by the group going forwards
Accounts Prepapred by: Gareth Jones (Honorary Treasurer) 08/11/2024 Accounts Examined by: Kate Caithness 13/11/2024