1ST CHORLEYWOOD SCOUT GROUP
Scouting activities & events
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net surplus of £4,400.77 and total unrestricted reserves of £104,709.22. The trustees consider this level of reserves prudent, as it aligns with their policy of holding 6 to 8 months of normal revenue expenditure to cover unexpected costs or income drops. The group successfully managed operational challenges, including HQ closure due to asbestos, by utilizing alternative venues and maintaining volunteer engagement.
What the accounts disclose
“The trustees consider it prudent to hold a revenue reserve of around 6 to 8 months’ normal revenue expenditure.”
Trustees
- Robert Edward Hemschair
- David Charles Ponsford
- Gareth Bowsher
- Katharine Simons
- Leann Frances Jones Bowden
- Neil Thomson
- Sarah Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £53k |
| 31/12/2023 | £39k | £25k |
| 31/12/2022 | £32k | £39k |
| 31/12/2021 | £54k | £37k |
| 31/12/2020 | £35k | £19k |
Common questions
Is 1ST CHORLEYWOOD SCOUT GROUP financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net surplus of £4,400.77 and total unrestricted reserves of £104,709.22. The trustees consider this level of reserves prudent, as it aligns with their policy of holding 6 to 8 months of normal revenue expenditure to cover unexpected costs or income drops. The group successfully managed operational challenges, including HQ closure due to asbestos, by utilizing alternative venues and maintaining volunteer engagement. Its FY2024 accounts were independently examined.