THE DON BROOME SCOUT TRUST
PROMOTING THE DEVELOPMENT OF YOUNG PEOPLE IN ACHIEVING THEIR FULL PHYSICAL INTELLECTUAL SOCIAL AND SPRITUAL POTENTIALS BY PROVIDING FINANCIAL SUPPORT TO SCOUT GROUPS, DISTRICTS AND COUNTY PRIMARILY WITHIN THE LONDON BOROUGHS OF WANDSWORTH, LAMBETH, SOUTHWARK, LEWISHAM AND GREENWICH.
Financial health, per its FY2024 accounts
The accounts state that the Trust held assets worth £588,951 at the end of the financial year. The trustees report that the whole fund is effectively a reserve and that there are no uncertainties about the charity continuing as a going concern. The Trust's only income is from investment income and bank interest, and it does not seek to raise funds.
What the accounts disclose
“The Trust’s only income is from investment income and bank interest and Trustees do not seek to raise funds.”
“The Trust’s Policy is to apply its income to its charitable objects but not normally draw on the capital, thus ensuring benefit to future beneficiaries. Since Trustees do not draw on the trust fund capital the whole fund is effectively a reserve,”
Trustees
- MIKE JACKSONchair
- Martyn Bain
- Paul Barber
- Stuart Cunningham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £62k |
| 31/12/2023 | £28k | £4k |
| 31/12/2022 | £27k | £4k |
| 31/12/2021 | £16k | £29k |
| 31/12/2020 | £17k | £48k |
Common questions
Is THE DON BROOME SCOUT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the Trust held assets worth £588,951 at the end of the financial year. The trustees report that the whole fund is effectively a reserve and that there are no uncertainties about the charity continuing as a going concern. The Trust's only income is from investment income and bank interest, and it does not seek to raise funds.