PENYFFORD SCOUT GROUP
The Penyffordd Scout Group consists of a Squirrel, Beaver, Cub and Scout Group. It provides activities in doors and out for children age 4 to 14.
Financial health, per its FY2024 accounts
The accounts state that the charity held free reserves of £11,101 against a trustee-stated policy target of approximately £12,000 (equivalent to six months of expenditure). The filing notes a net cash inflow for the year and increased fundraising income, though it highlights that the group's premises are rapidly approaching the end of its life.
What the accounts disclose
“Membership increased over the year and we also increased fundraising income by holding a casino night for the first time in many years and also our Annual Santa Float.” — page 10
“The Total Funds held by the Group on 31 December 2024 was £47,062 and this is split between Designated Funds held across the 4 sections of Squirrels, Beavers, Cubs and Scouts of £5,982, Minibus and remedial work on the building of £28,500, Restricted funding of £1,480 which leaves £11,101 as free reserves. The Trustees feel that the Charity needs to hold approximately 6 months Group expenditure as free reserves, which equates to approximately £12,000.” — page 10
Trustees
- Richard MEMMORYchair
- Andy Sloan
- Felix Michael Stanley Dawson
- Nicola Robinson
- Richard Neil Love
- SHARON LOUISE BAKEWELL
- Steve Wallace
- Steven LOVE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £32k |
| 31/12/2023 | £32k | £35k |
| 31/12/2022 | £26k | £28k |
| 31/12/2021 | £32k | £26k |
| 31/12/2020 | £37k | £30k |
Common questions
Is PENYFFORD SCOUT GROUP financially healthy?
Per its FY2024 accounts: The accounts state that the charity held free reserves of £11,101 against a trustee-stated policy target of approximately £12,000 (equivalent to six months of expenditure). The filing notes a net cash inflow for the year and increased fundraising income, though it highlights that the group's premises are rapidly approaching the end of its life. Its FY2024 accounts were independently examined.