Finances (2009/10 Financial Year)
The Group continues to have strong finances. We again started off the financial year with a healthy profit, and with the Income and Expenditure during the year, finished the year in good shape. The biggest outgoings were sundries (running costs of the group such as scarves, badges and stationery, Capitation and camps. Subs, Fundraising and Gift Aid helped to keep us in the black. The books were scrutinised by Matt Bache, to which we are grateful.
The growth of the group and increased fund raising activities has meant we have seen a dramatic increase in both income and expenditure in the last three financial years.
We received income of £14,814 in the financial year 2009/10 (compared to £12,989 the previous year). Our expenditure totalled £12,383 (compared to £10,859 2008/9). This gave us a net surplus of £2,431 in the financial year.
Top Income and Expenditure Items | Income | Amount | Expenditure | Amount |
| Subs | £4,481 (+10%) | Equipment | £753 (+28%) |
| Fundraising | £4,014(-15%) | Captitation | £2,195 (+21%) |
| Gift Aid | £1,063 (+3%) | Camps | £5,261 (=60%) |
More details of our finances can be found on the Charity Commission Website (click here).