1ST CORRINGHAM SCOUT GROUP
The objectives of the Scout Group are as a unit of the Scout Association. The aim 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.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £17,351 at year-end, which is below its stated policy target of holding 12 months of running costs. The charity relies on fundraising and hall rentals to cover ongoing liabilities, including a £40,000 loan from Essex County Scouts and costs to complete a new hall project.
What the accounts disclose
“The Group Executive Committee considers that the Group should hold a sum equivalent to 12 months running costs, excluding the running costs of the individual Section meetings.”
Trustees
- ANDREW MCDONALDchair
- Glenn Ford
- MR M BUTLER
- MR M PEACEFULL
- MRS M FORD
- Sharyn Derek
- Susan Peacefull
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £50k | £32k |
| 31/12/2023 | £43k | £48k |
| 31/12/2022 | £95k | £153k |
| 31/12/2021 | £267k | £297k |
| 31/12/2020 | £27k | £98k |
Common questions
Is 1ST CORRINGHAM SCOUT GROUP financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £17,351 at year-end, which is below its stated policy target of holding 12 months of running costs. The charity relies on fundraising and hall rentals to cover ongoing liabilities, including a £40,000 loan from Essex County Scouts and costs to complete a new hall project. Its FY2024 accounts were independently examined.
Who funds 1ST CORRINGHAM SCOUT GROUP?
Funders whose own accounts filings name 1ST CORRINGHAM SCOUT GROUP as a grant recipient include THE VEOLIA ENVIRONMENTAL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE VEOLIA ENVIRONMENTAL TRUST | FY2022 | £70k |