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2024-12-31-accounts

1ST COLERAINE SCOUT GROUP

ACCOUNTS - 1st Jan 24 to 31st Dec 25

Receipts
£
Fund Raising
Hire of Hall
Gift Subscriptions
Donations received
1,060.00
Parent's Fees
Nightly £2 subscriptions
3,117.34
Capitation
10,375.65
Government Funding
EA Grant
3,973.00
IR Gift Aid Refunds
0.00
Danske Bank
Interest Received on Term Deposit Account
736.70
Interest Received on Current Account
7.66
Totals
Opening Balances
Current Account
13,700.93
Term Deposit Account
20,638.98
£
2,955.15
240.00
1,060.00
13,492.99
3,973.00
744.36
22,465.50
34,339.91
Payments
£
Utilities
Electricity
2,576.17
Heating oil
1,391.73
Telephone
574.98
Water rates
91.40
TV Licence
169.50
Building Maintenance
Cleaner
1,836.09
Maintenance
4,426.91
Insurance- Buildings & Contents
Equipment
Equipment and Badges
93.85
Scout Association Capitation Fees
Leader Training
Leader Uniforms
Section Funding
Bank Costs
Gifts
Totals
Closing Balances
Current Account
12,789.96
Term Deposit Account
21,375.68
£
4,803.78
6,263.00
1,709.53
93.85
8,580.00
0.00
108.99
1,402.35
94.27
0.00
23,055.77
34,165.64

Draft accounts Jan 24 to 13th Nov 2024

Explanatory Notes:

Overall numbers of children attending are strong and continue to grow. Fee levels and structure were revised upwards in Sept 2024. The hall cleaner has been stopped as of November 2024 - this will result in an approx £2k per annum saving 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)

Accounts Examined by:

N/A