81st Fife (1st Broomhall) Sea Scouts Annual Report & Financial Statements for the Year ended 31 March 2025 Charity No SC031335
81st Fife (1st Broomhall) Sea Scouts Trustees Annual Report Year ended 31 March 2025 The Executive Committee have pleasure in presenting their report together with the financial statements and the independent examinetrs report for the year ended 31 March 2025. Name & Address The Group's Name is the 81st Fife (1st Broomhall) Sea Scout Group and it may be contacted at The Scout Hall, Capernaum, Limekilns, Fife, l(V113JR Constitution & Purpose The Scout Group is constituted in terms of the Rules of The Scout Association, which is a charitable body incorporated by Royal Charter. The Group is a registered Scottish Charity - No SC031335. The purpose of the Scout Association is to promote the development of young people in achieving their full physical, intellectual, social and spiritual potentials. as individuals, as responsible citizens and as members of their local, national and international communities. The method of achieving the aim of the Association is by providing an enjoyable and attractive scheme of progressive training, based on the Scout Promise and Law and guided by adult leadership. Trustees Mike Cha Jonathan Carter Gordon Prow Andrew Mitchell Jac ui Crawford Lorna Dou las Fiona Harve Joshua Bliss Ma Chair Treasurer Group lead Volunteer Trustee Trustee Trustee Trustee Trustee Trustee The Trustees are appointed in accordance with the Scottish Variations of the Policy, Organisation and Rules of The Scout Association. Activities & Achievements The Group maintains a regular programme of activities for Beavers, Cubs, Scouts and shares an Explorers programme with other local Scout Groups. Reservo8 Policy The Group's policy on reserves is to hold sufficient resou$ to continue the charitable activities of the group should income and fundraising activities fall short. The Group Trustee Board considers that the group should hold a sum equivalent to 12 months of core running costs, circa £12,000. The Group held reserves of approximately £10,500 against this at year end. This is below the level required for operating expenses due to operating losses in recent years and reduction in support for fundraising actlvlties. Approved by the Group Executtve Committee on and signed on its behalf by'.- ?pL fifrLIu- Mike Chaplin Chaimian Page 1
81st Fife (1st Broomhall) Sea Scouts Independent Examinerfs Report Year ended 31 March 2025 Independent Examiner's Report to the Trustees of the 81st Fife (1st Broomhall) Sea Scouts Group I report on the financial statements of the 81 st Fife (1 st Broomhall) Sea Scouts Group ('Ihe Group,) for the year ended 31 March 2025 which are set out on page8 3 to 5. Respective rosponsibilities of Trustees and Examiner The Group's Trustees are responsible for the preparation of the accounts in accordance with the Charities and Trustee Investment (Scotland) Act 2005 ('Ihe Act") and the Charities Accounts (Scotland) Regulations 2008 ("the Regulations"). The Group's Trustees consider that the audit requirement of Regulation 10{1){d) of the Accounts Regulations does not apply. It is my responsibility to examine the a¢¢ounts as required under section 44(1 }(c) of the Act and to state whether partIlar matters have come to my attention. Basis of Independent Examin8rf8 Statoment My examination is carried out in accordan with the Regulation 11 of the Charities Accounts (slIand) Regulations 2006. An examination includes a review of the accounting records kept by the Group and a comparison of the accounts presented with the those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent EXamineS Statement In connection with my examination, no matter has come to my attention'.- (1) which gives me reasonable cause to believe that in any material respect, the requirements (a) to keep aCunting records in accordance with the Act and the Regulations. and (b) to prepare accounts which agree with the accounting records and comply with the Regulations have not been met, or (2), to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Paul Nealrf Llnton House W88t Grange Culross KY12 8EL Signature .................... ;......................................................... .. . Date if/fk/A.......................................... Page 2
81st Fife (1st Broomhall) Sea Scouts Receipts & Payments Account Year ended 31 March 2025 Unrestrlrted Restrlcted Funds Funds Total 2025 Total 2024 Receipts Payments Transfer Between Funds Surplus l Deficlt for the year £17,573.53 £21,513.73 £19,109.60 £21,927.23 -£3,940.20 -£2,817.63 Recelpts Unrestrlrted Funds Restrlcted Funds Total 2025 Total 2024 Membership Subscriptions 200 Club Boat Shed Income other Donations Fund Raising Payments for Activities Investment Income (Bank Interest} Hall Rents HMRC Charity Donations Other Charitable Activities Sundries Total Receipts Note 3 £7,348.00 £8,798.50 £0.00 £0.00 £1,448.08 £6,136.98 £480.00 £0.00 £50.00 £2,170.27 £0.00 £25.77 £19.109.60 £0.00 £477.21 £5,975.88 £3,495.11 £132.83 £0.00 £0.00 Note 4 £144.50 £17.573.53 Payments Fund Raising Costs Charitable Activites Scout Prog Activities, Training & Tributes Badges & Uniform Bank Charges Boat Shed Equipment Repairs & Maint& Insuran Cleaning Ground Lease, Rent & Rates Telephone, Broadband. Licen5 Electri¢ Insuran Membership Dues Purchase of Fixed Assets (equipment} Total Payments Note 4 £3,079.22 £0.00 £2,704.97 £1.047.20 £204.01 £0.00 £2,460.03 £3,488.00 £1,187.70 £671.85 £1,340.96 £2,411.79 £2,599.00 £319.00 £21,513.73 £3,137.41 £0.00 £2,504.68 £1,203.73 £210.01 £0.00 £1,804.04 £3,448.00 £953.50 £500.63 £2,003.62 £2.899.11 £3.262.50 £0.00 Note 5 Note 5 Note 5 Note 5 Not8 5 Note 3 £21,927.23 Su lus / Deficlt for the year -£3,940.20 -£2,817.63 Page 3
81st Fife (1st Broomhall) Sea Scouts Statem•nt of Balances 31 March 2025 Cash and Bank Balances- Note I 2025 2024 Opening Balance Bank Accounts - Unrestricted Bank Accounts - Restricted 200 Club Cash Surplusl{Deficit) for the year Closing Balance 14,439.70 £ 10,423.53 £ 693.00 £ 3,323.17 £ 17.257.33 13,556.62 693.00 3,007.71 -£3,940.20 10,499.50 £ -£2,817.63 14,439.70 Bank Accounts - Unrestricted Bank Accounts - Restricted 200 Club Cash 5,826.23 £ 693.00 £ 3,459.31 £ 520.96 £ 10.499.50 £ 10,423.53 693.00 3,323.17 14,439.70 Other Assets The Group owns the Scout Hall at Capemaum, Limekilns. The building is currently insured for £900K. The title is held in the names of the Region Commissioner, Chairman, Secretary & Treasurer for the time being of Central Region Scout Council on bèhalf of the Group. The title deeds are held in safe keeping at ScoLrt Headquarters at Fordell Firs. The land on which the Hall is situated is leased from the Earl of Elgin under a lease expring on the 30th January 2045. The current rent is £920.50 per annum with the next rent review due to take place in 2029. The Group owns a quantity of sailing, camping and other sports equipment which has been acquired over a number of years. Llablliti88 The Group has no other material liabilities or obligations. The Notes on Page 5 fom an integral part of these Accounts. Approved by the Group Executive Committee on 9 + L lol and signed on its behalf by-.- Mike Chaplin Jonathan Carter Ghalrman Tr•a•ur•r Page 4
81st Fife (1st Broomhall) Sea Scouts Notes to the Accounts 2025 2024 1 Funds The Group holds funds across 3 bank accounts, restricted funds are also held within these accounts. The group also has a separate bank account for the 200 Club. 2 Trustees Remunoratlon & Expenses The Trustees did not receive any remuneration during the year (2024.. Nil) Trustees received expenses totalling £2480.66 during the year (2024: £1012.71) 3 Subscription Income Less Membership Dues 7,348.00 8,798.50 2,59g.00 3,262.50 4,749.00 S,536.00 4 Fund Ralslng Income Less Cost of Fundraising 5,975.88 6,136.98 3,079.22 3,137.41 2,896.66 2,999.57 5 Scout Hall Costs Cleaning Ground Lease. Rent & Rates Telephone, Broadband, LiCenS Electric Insuran 9,100.30 9,804.86 3,488.00 3,448.00 1,187.70 953.50 671.85 500.63 1,340.96 2,003.62 2,411.79 2,899.11 Page 5