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HAZEL GROVE BOY SCOUTS LOCAL ASSOCIATION (3RD HAZEL GROVE GROUP)

Registered charity 520209 · accounts filings on the Charity Commission register · also known as 3RD HAZEL GROVE SCOUT GROUP

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Latest income
£67k
Latest spending
£48k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £145,180 at year-end, which exceeds the trustee-stated policy target of £40,000 (equivalent to 12 months' running costs). The group reported a surplus on normal activities of £19,213 and maintains a low-risk investment strategy with all funds held in cash.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12 months’ running costs (held: £145k)
“The Group's policy on reserves is to hold sufficient resources to continue the charitable activities of the Group should income and fundraising activities fall short. The Trustee Board considers that the Group should hold a sum equivalent to 12 months’ running costs; this year estimated to be £40,000 in normal circumstances (2023: £48,000).” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Stockport

Income and spending

Financial year endIncomeSpending
31/12/2024£67k£48k
31/12/2023£55k£57k
31/12/2022£50k£34k
31/12/2021£37k£28k
31/12/2020£38k£18k

Common questions

Is HAZEL GROVE BOY SCOUTS LOCAL ASSOCIATION (3RD HAZEL GROVE GROUP) financially healthy?

Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £145,180 at year-end, which exceeds the trustee-stated policy target of £40,000 (equivalent to 12 months' running costs). The group reported a surplus on normal activities of £19,213 and maintains a low-risk investment strategy with all funds held in cash. Its FY2024 accounts were independently examined.