First R Valley Scout Group Reglstered Charlty Number.. 104214 Flnanclal Summary (l Aprll 2024- 31 March 2025) Income and Expendlture Item Unrestrlcted Funds (£) Restrlrted Funds {£) Openln8 Balance (01.04.24) 3,047.53 Income Membership Fees 990.00 Bank Interest 0.00 Total Income 990.00 Expenditure Membership Fees (Scouts UK) 1,118.00 Bank Charges 41.46 Total Expenditure 1,159.46 Closlng Balance (31.03.25) 2,878.07 Signed Treasurer Dlstrlct Lead Volunteer Examiner:
Financial Review At the start of the financial year on l April 2024, the Group held a balance of £3,047.53 in unrestricted funds. During the reporting period, total income amounted to £990.00, primarily generated through membership fees. No restricted income or bank interest was received during the year. Total expenditure for the period was £1,159.46, comprising: £1,118.00 in membership fees paid to Scouts UK £41.46 in bank charges As previously noted, the Group experienced difficulties accessing its bank account during this period. As a result. financial activity was limited, and the only transactions recorded were essential payments and bank charges. At the end of the financial year on 31 March 2025, the Group held a closing balance of £2,878.07. The Group is now working, with support from the District, to restore full access to banking arrangements and to ensure that appropriate financial controls and processes are in place moving forward.