10th Croydon Scout Group

Treasurers Report

For the Year ending December 2021

One of the world's Oldest Groups

10th Croydon Scout Group

 

Treasurers Report for the Year ending December 2021.

The details of our income and expenditure are shown in the Group Accounts for 2021. The following summary has been extracted from the accounts: -

Total Income

£33,666.61

Total Expenditure

£26,715.18       

Income - Expenditure

£6,951.43

 

This would appear to indicate that we made a profit of £6,951.43.

However, we received grants of £21,809.00 from Croydon Council and the Scout Recovery Fund.

We also received a Jack Petchey award of £250.00

We transferred £15,096.00 of the grants to our Charity Deposit account so our net income to our current account from the Grants was £6,713.00.

 

Adjusting the Income/Expenditure to exclude the Grants/Jack Petchey Award and money transferred to our Charity Deposit account would show the Income/Expenditure as below: -

Total Income

£11,607.61

Total Expenditure

£11,619.18

Income – Expenditure

- £11.57

 

So, without the grants we would have made a small loss of £11.57.

Our main items of expenditure are shown in the summary below. Our income from hall rental was reduced for the periods when COVID-19 restrictions were in place.

 In terms of expenditure, payments included: -

Capitation Fees

£1359.00

Money Paid to Croydon District Scouts

UNITY Insurance

£2059.99

For members, hall, equipment etc.

Gas/Electricity

£817.38

British Gas Business

HQ Maintenance

£1379.56

Building repairs, heating system etc.

LBC Business Rates          

£81.02

 

Total (of items above)

£5,696.95

Total Expenditure

£11,619.18

**From Group Accounts

 

** Excluding the £15,096.00 transferred to our Charity Deposit account

The table above shows that the Items listed above represent 49% of our Total Expenditure.

It should also be noted that we were not required to make any payments to Castle Water this year. Normally this would be a significant expenditure.

Also, we only had to pay a considerably reduced amount of Council Tax this year which usually is a significant expenditure.

Normally the only main sources of income that we have are from subs and money raised from hall rental.

10th Croydon Scouts

SIMPLY THE BEST !!!

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