FIRST NEEDHAM MARKET SCOUT GROUP
As Scouts, we believe in preparing young people with skills for life. We encourage our young people to do more, learn more and be more. Each week, the 1st Needham Market Scout Group give young people of the Needham Market area the opportunity to enjoy fun and adventure while developing the skills they need to succeed.
Financial health, per its FY2025 accounts
The accounts state that free reserves after designations were £6,976, which the Trustees consider adequate to manage ordinary operational risks. The charity is solely reliant on volunteers and holds a risk-averse investment strategy with all funds held in cash. No funds were in deficit at the year end, though a short-term interest-free loan was used as a cash-flow buffer.
What the accounts disclose
“The main sources of income for the group are subscriptions from members charged on a termly basis as well as ad hoc contributions for specific events, trips and camps.”
“The Group’s policy is to hold free reserves equal to around six months’ routine running costs (c. £3,000).”
Trustees
- Luc Mathlinchair
- Amy Mayes
- Christopher John Reginald Frost
- Edward George Ashton Bell
- Eleanor Norman
- Matthew Gilbert
- Ruby Hunter
- Stefanie Pryke
- Stephen Goldsmith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £109k | £83k |
| 31/03/2024 | £20k | £16k |
| 31/03/2023 | £21k | £29k |
| 31/03/2022 | £22k | £16k |
| 31/03/2021 | £30k | £8k |
Common questions
Is FIRST NEEDHAM MARKET SCOUT GROUP financially healthy?
Per its FY2025 accounts: The accounts state that free reserves after designations were £6,976, which the Trustees consider adequate to manage ordinary operational risks. The charity is solely reliant on volunteers and holds a risk-averse investment strategy with all funds held in cash. No funds were in deficit at the year end, though a short-term interest-free loan was used as a cash-flow buffer. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GEOFFREY WATLING CHARITY | 1 | £10k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 1 | £1k |
Charities like this
- 1ST MARKET BOSWORTH SCOUT GROUP
- LETCHWORTH AND BALDOCK DISTRICT SCOUT COUNCIL
- 13TH STOKE-ON-TRENT AND NEWCASTLE (1ST ALSAGER) SCOUT GROUP
- 33RD NORWICH SCOUT GROUP
- EXETER AND DISTRICT SCOUT COUNCIL
- 105TH SHEFFIELD (HIGH GREEN) SCOUT GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FIRST NEEDHAM MARKET SCOUT GROUP | £109k | — | 0 | above | — | no doubt |
| 1ST MARKET BOSWORTH SCOUT GROUP | £26k | — | 0 | unclear | — | no doubt |
| LETCHWORTH AND BALDOCK DISTRICT SCOUT COUNCIL | £147k | — | 0 | above | — | no doubt |
| 13TH STOKE-ON-TRENT AND NEWCASTLE (1ST ALSAGER) SCOUT GROUP | £111k | — | 0 | above | — | no doubt |
| 33RD NORWICH SCOUT GROUP | £131k | — | 0 | unclear | — | no doubt |
| EXETER AND DISTRICT SCOUT COUNCIL | £198k | — | 0 | unclear | — | no doubt |