Financial Accounts Year End 31[st] August 2023
1[st] Dromore Newry Scout Group
2 Home Avenue
Newry
Co. Down
BT34 2DL
- For Publication -
First Dromore Newry Scout Group, 2 Home Avenue, Newry, Co. Down, BT34 2DL
15[th] October 2023
Treasurer’s Report
This report refers to the Scouting year, which we use as our accounting period (1[st] September 2022 to 31[st] August 2023).
This year in Scouting in relation to income, we received a few small donations worth £1,470. The main source of income is our monthly subscriptions and this has remained around the £13.5K for the last couple of years. We received £6K in grants this year for projects like an activity day, the defibrillator, community plant growing and a contribution to the Cub and Beaver camp. These were all achieved by the good work from Raymond O’Donnell and Barry Kinney, in volunteering additional time to source grants and other donations. The bag pack income is still missed, now for the fourth consecutive year (which usually would amount to £3k). Total net income excluding grants increased from £19K in 2022 to £20.6K in 2023.
Expenditure costs for the Scout Group have fallen in 2023 when compared to 2022; but this was due to expenditure in 2022 on equipment in relation to new tents, tables, chairs and outside works last year. Total expenditure on equipment last year was £18K and a further £11K on repair to the building and outside works; whereas this year, the same figures only amount to £3K for equipment and a further £2K for repairs and maintenance. The expenditure for Scouting activities was down this year at £8k (versus £12K in 2022 - due to the 2022 year aided by additional grants).
The major cost for the Scout Group every year is the fee for the Registration and Insurance (approximately £60 per member, for all young people and adult volunteers). This year that fee has remained similar to last year (at 48% of parents’ voluntary subscriptions).
This then means that the total costs have decreased from £58K to £28K in 2023, which, however, is still leaving a deficit for 2023 of £1,635.77.
Our leaders (who are all volunteers) have to be commended for their continued support and dedication during the year to keep the young people of the Scout Group active on such a limited budget.
During this period, we received £4,635.94 in Gift Aid for the tax year ended 2022. There was a transfer of £5,400 into the building development fund to provide for future investment required in the hall. These funds have been earmarked for the future replacement of the of the Scout Den roof, which has an estimated cost of £60K.
Overall, the financial standing of the Scout Group is strong and we will continue to build on this success.
Barry Duffy Treasurer 1[st] Dromore Newry Scout Group 15/10/2023
www.newryscouts.com
Page 2 of 3
Financial Statement for the Year Ended 31st August 2023
| 31st Aug 23 | 31st Aug 23 | 31st Aug 22 | 31st Aug 22 | 31st Aug 21 | 31st Aug 21 | ||||
|---|---|---|---|---|---|---|---|---|---|
| INCOME | |||||||||
| Rent | £ | - |
£ | - |
£ | - |
|||
| Donations | £ | 1,470.00 |
£ | 514.90 |
£ | - |
|||
| Monthly Subscriptions Cubs, Scouts, Venturers | £ | 13,522.00 |
£ | 13,597.00 |
£ | 12,015.00 |
|||
| Grants | £ | 6,043.74 |
£ | 41,889.21 |
£ | 13,216.57 |
|||
| Sponsorship | £ | - |
£ | - |
£ | - |
|||
| SELB Grants | £ | - |
£ | - |
£ | - |
|||
| Sale of Uniforms | £ | 220.00 |
£ | 60.00 |
£ | - |
|||
| Activity Income | |||||||||
| Scout Activities | £ | 4,178.25 |
£ | 2,230.00 |
£ | 1,175.00 |
|||
| Venturers Activities | £ | - |
£ | 1,194.61 |
£ | 770.00 |
|||
| Cub & Beaver Activities | £ | 985.00 |
£ | 1,010.00 |
£ | 1,410.00 |
|||
| Rover Activities | |||||||||
| Fundraising Income | |||||||||
| Venturer Bag Packs | £ | - |
£ | - |
|||||
| Parent support group Other Income | £ | 301.90 |
£ | 396.93 |
£ | 763.30 |
|||
| ---------------------- | ---------------------- | ---------------------- | |||||||
| Total Income | £ | 26,720.89 |
£ | 60,892.65 |
£ | 29,349.87 |
|||
| EXPENDITURE | |||||||||
| Summer Camp and Activity Expenses | £ | £ | £ | ||||||
| Cub & Beaver Activity Costs | £ | 3,444.53 |
£ | 4,784.41 |
£ | 5,782.30 |
|||
| Scout Camp & Activity Costs | £ | 4,375.77 |
£ | 5,456.36 |
£ | 6,821.32 |
|||
| Venturer Activity Costs | £ | 198.80 |
£ | 2,478.27 |
£ | 809.88 |
|||
| Rovers Activities Costs | £ | 90.34 |
£ | - |
|||||
| Equipment | £ | 3,263.13 |
£ | 18,483.73 |
£ | 4,815.14 |
|||
| Courses & Scouting Ireland Fees | |||||||||
| Leader Courses / First Aid | £ | 407.33 |
£ | 60.00 |
£ | 80.00 |
|||
| Scouting Ireland Fees / Region Fees | £ | 6,538.50 |
48.4% | £ | 6,745.41 |
49.6% | £ | 5,480.40 |
45.6% |
| Donations / Gifts | £ | - |
£ | 353.96 |
£ | 289.70 |
|||
| Fundraising Expenses | |||||||||
| Purchase of Uniforms / Badges | £ | 316.78 |
£ | 1,595.50 |
£ | 2,680.84 |
|||
| Utility Costs | |||||||||
| Electricity | £ | 480.31 |
£ | 328.85 |
£ | 276.41 |
|||
| Insurance Payment | £ | 1,126.82 |
£ | 1,965.28 |
£ | 1,387.26 |
|||
| Oil Payments | £ | 1,033.45 |
£ | 793.83 |
£ | 508.00 |
|||
| Broadband and IT | £ | 629.22 |
£ | 577.63 |
£ | 452.79 |
|||
| Water Rates | £ | 351.69 |
£ | 349.42 |
£ | 539.72 |
|||
| Repairs & Maintenance | £ | 2,083.43 |
£ | 11,061.09 |
£ | 2,578.75 |
|||
| Hall Upgrade Costs and fees | £ | 2,400.00 |
£ | 2,400.00 |
£ | 400.00 |
|||
| Motor Van Expenses | £ | 839.91 |
£ | 360.20 |
£ | 300.50 |
|||
| Sundry Expenses | £ | 776.65 |
£ | 563.56 |
£ | 655.80 |
|||
| ------------------------- | ------------------------- | ------------------------- | |||||||
| Total Expenditure | £ | 28,356.66 |
£ | 58,357.50 |
£ | 33,858.81 |
|||
| ============= | ============= | ============= | |||||||
| Surplus/Deficit for the Year | -£ | 1,635.77 |
£ | 2,535.15 |
-£ | 4,508.94 |
|||
| ============= | ============= | ============= |
Page 3 of 3