**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