## **1. Treasurer’s Report**
## **Summary**
This year represented the second full scouting year post pandemic. Financially, the group’s cash balance as of 31[st] August 2023 has decreased to £11,512 from £16,285 as of 31[st] August 2022.
Grant income of £2,400 has improved the year end cash position.
## **Income**
Income from membership fees was £13,253. A grant was received from the Education Authority for £2,400 (£5,000, 2022).
Income from activities include Venture Summer Camp in Jersey, Group Camp and Panto.
## **Expenditure**
Membership fees to Scouting Ireland were £10,020.
Cost of Activities in addition to activities mentioned in Income include section programme costs.
Hall rent of £5,411 reflects a full year.
Equipment repairs/replacements included five tents purchased with Scout Shop, £1,172.
Minibus expenditure £1,122 represents insurance and repairs.
## **Net position**
Overall, the group made a loss of £7,133.
The net cash balance fell to £11,512 with free cash of £632 and cash set aside for a replacement minibus of £10,880.
## **Reconciliation**
We prepare two sets of accounts using different accounting approaches the one we use for ourselves and the set we produce for Dublin below reconciles the two.
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Accounts Reconciliation
Loss per 29th accounts (7,133)
Increase Loss
Depreciation 2,360
Adjusted Loss (4,773)
Per National Accounts (4,773)
Diffference -
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Accounts below first set is in 29[th] format then national which is a cash only account
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29th Belfast Scout Group SI
Income & Expenditure Account year to 31 August 2023
Income Year to Date Last Year Variance
£ £ £
Income from membership fees 13,253 14,513 (1,261)
Gift Aid received - - -
SEELB Grants received 2,400 5,000 (2,600)
Bank interest received 4 (4)
Other 1,506 344 1,162
Income from activities 10,713 16,662 (5,948)
27,871 36,523 (8,651)
Expenditure
Membership fees to Scouting Ireland 10,020 11,847 (1,827)
Costs of activities 13,453 19,504 (6,051)
Uniforms/badges 120 - 120
Hall Rent & Insurance 5,411 4,650 761
Equipment repairs/replacements 1,407 - 1,407
Training costs 699 348 351
Minibus insurance/running costs 1,122 1,297 (175)
Bank Fees 220 237 (17)
Other Misc Expenses 192 50 142
Depreciation 2,360 2,360 -
35,004 40,293 (5,289)
Surplus (Loss) for the Year (7,133) (3,771) (3,363)
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29th Belfast Scout Group SI
Balance Sheet as at 31 August 2023 gust 2023 ust 2023
Current August 22
Fixed Assets
Equipment & Minibus 7,574 9,934
Current Assets
Cash at Bank and on hand 632 6,765
Minibus Cash Reserve 10,880 9,520
-
Sundry Debtor
11,512 16,285
Current Liabilities -
Net Current Assets 11,512 16,285
Total Assets 19,085 26,219
Retained Surplus:
Surplus retained at end of last year 26,219 29,989
Surplus for the year (7,133) (3,771)
Retained Surplus 19,085 26,219
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## **29th Belfast Scout Group SI Balance Sheet as at 31 August 2023 gust 2023 ust 2023**
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29th Belfast
Statement of Income and Expenditure
01/09/2022 - 31/08/2023
31/08/2023 31/08/2022
£ £
Opening Bank Balances
1 Danske Bank 11,511.65 16,284.77
2 Cash in-hand - -
Total Operating Balance 11,511.65 16,284.77
Income
Income from Membership 13,252.50 14,513.00
- -
Fund Raising
Donations - -
Grants 2,400.00 5,000.00
Other Income (events and other) 12,218.84 17,009.50
27,871.34 36,522.50
Expenditure
Membership Fees Paid to National Office 10,020.00 10,491.44
Amounts Paid to Counties and Provinces -
Programme Costs 13,452.80 19,503.83
Training Costs 699.44 348.28
Administrative Costs 220.48 236.74
Den Costs 5,411.20 4,650.10
Other Expenses (events and other) 2,840.54 1,347.04
-
Volunteer Expenses
32,644.46 36,577.43
Surplus (Deficit) (4,773.12) (54.93)
Closing Balances
1 Danske Bank 11,511.65 16,242.73
2 Cash in-hand
Total Closing Balance 11,511.65 16,242.73
Prior period
Bank Unpresente Unpresented Closing
statement d Cheques/ cheques/ reconciled
Bank Reconciliation balance lodgements Lodgements balance
1 Danske Bank 11,553.69 42.04 - 11,511.65
2 Cash in-hand
Total Closing Reconciled Balance 11,511.65
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## **APPENDIX 6C: BANK RECONCILIATION TEMPLATE**
|*should be presented to the Group Council as an appendix to the Accounts; as proof of funds therein.
Date: 31/08/2023
Balance per Accounts
£11,511.65
Cheques outstanding (paid but not in the bank statement
**_£_**
42.04
Lodgements outstanding (lodged but not in the bank statement)
0
Charges not reflected in the account
0
Balance per Bank Statement 31/08/2023
11,553.69
£|
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