{"content":{"layouts":[{"type":"fullWidth","areas":[{"items":[{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15103/statements-of-cash-flows-new.png","width":2634,"height":3308,"altText":"Statement of cash flows.","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe notes on pages 36 to 60 form part of these financial statements\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ENotes to the financial statements\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch3\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E1. Constitution\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h3\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E\u003Cspan class=\u0022TextRun SCXW17929057 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW17929057 BCX8\u0022\u003EThe Scout Association is incorporated by Royal Charter and is a registered charity whose purpose is to promote the development of young people in achieving their full physical, intellectual, social and spiritual potentials, as individuals, as responsible citizens and as members of their local, national and international communities.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW17929057 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch3\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E\u003Cspan class=\u0022EOP SCXW17929057 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127199979\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127199979\u0022\u003E2. Scope of the financial statements\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h3\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E\u003Cspan class=\u0022EOP SCXW17929057 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127199979\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127199979\u0022\u003E\u003Cspan class=\u0022TextRun SCXW72121913 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW72121913 BCX8\u0022\u003EThese financial statements cover the activities directly controlled by The Scout Association. The activities of the Scout Councils of Northern Ireland, Scotland and Wales together with Scout Counties, Areas, Regions, Districts and Groups are not reflected in these financial statements. Those bodies are separate autonomous charities that are affiliated to The Scout Association.\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch3\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E\u003Cspan class=\u0022EOP SCXW17929057 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127199979\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127199979\u0022\u003E\u003Cspan class=\u0022TextRun SCXW72121913 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW232139101 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW232139101 BCX8\u0022\u003E3. Accounting policies\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h3\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E\u003Cspan class=\u0022EOP SCXW17929057 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127199979\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127199979\u0022\u003E\u003Cspan class=\u0022TextRun SCXW72121913 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW232139101 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW232139101 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW127196716 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW127196716 BCX8\u0022\u003EThe principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW127196716 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW68426251\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW68426251\u0022\u003E\u003Cspan class=\u0022EOP SCXW17929057 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127199979\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127199979\u0022\u003E\u003Cspan class=\u0022TextRun SCXW72121913 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW232139101 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW232139101 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW127196716 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW186287490 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW186287490 BCX8\u0022\u003Ea. Basis of preparation of consolidated financial statements\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW186287490 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Statement of Recommended Practice, Accounting and Reporting by Charities, applicable to charities preparing their accounts in accordance with FRS 102, known as the Charities SORP (FRS 102).\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Scout Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe financial statements consolidate the financial statements of The Scout Association and its subsidiary companies. The financial year end of each of the subsidiary companies is 31 March with the exception of Scout Shops Limited and World Scout Shop Limited, which each have a December year end, and whose management accounts prepared to 31 March are used for consolidation purposes.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Balance Sheets and Profit and Loss accounts of the subsidiaries have been consolidated on a line by line basis as required by the Statement of Recommended Practice.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EOn acquisition of a business, all of the assets and liabilities that exist at the date of acquisition are recorded at their fair values reflecting their condition at that time. All changes to those assets and liabilities and the resulting surpluses that that arise after acquisition are charged to the post-acquisition Statement of Financial Activities.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe financial statements are prepared on the historical cost basis with the exception of investments, which are stated at fair value.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003Eb. Going concern\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022TextRun SCXW7620976 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW7620976 BCX8\u0022\u003EHaving reviewed financial plans and cash flow forecasts, the Trustees have a reasonable expectation that the charity has adequate resources to continue operating for the foreseeable future. Accordingly, they believe that the going concern basis remains the appropriate basis on which to prepare the financial statements.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003Ec. Recognition of income\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E National membership subscriptions\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022TextRun SCXW100125344 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW100125344 BCX8\u0022\u003EMembership subscriptions are payable in advance for a year to 31 March and are \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW100125344 BCX8\u0022\u003Erecognised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW100125344 BCX8\u0022\u003E when receivable.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW212806290 BCX8\u0022\u003E Legacies\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW246706094 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW246706094 BCX8\u0022\u003ELegacies are accounted for when the Association becomes entitled to them, where receipt is probable and where their value can be established with reasonable certainty. Where legacies include non-cash items these are included in income at the \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW246706094 BCX8\u0022\u003Elower of\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW246706094 BCX8\u0022\u003E probate value and market value at the date of receipt.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003EInsurance Income\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022TextRun SCXW178986793 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW178986793 BCX8\u0022\u003EInsurance commission is \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW178986793 BCX8\u0022\u003Erecognised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW178986793 BCX8\u0022\u003E at the date of inception of the policy. The amount \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW178986793 BCX8\u0022\u003Erecognised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW178986793 BCX8\u0022\u003E is the total brokerage due to the company less an overall provision for unearned commission. Historic profit commission is \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW178986793 BCX8\u0022\u003Erecognised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW178986793 BCX8\u0022\u003E when it can be reliably calculated and forecast to be received.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003ECommercial activities\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003E\u003Cspan class=\u0022TextRun SCXW149509381 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW149509381 BCX8\u0022\u003EIncome from conference \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW149509381 BCX8\u0022\u003Ecentres\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW149509381 BCX8\u0022\u003E, sponsorship, National Scout Adventure \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW149509381 BCX8\u0022\u003ECentres\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW149509381 BCX8\u0022\u003E, and other income is accounted for when the Association is entitled to the income, the amount can be quantified with reasonable accuracy and the probability of receipt of the income is more likely than not.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW149509381 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003E\u003Cspan class=\u0022EOP SCXW149509381 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW160159363 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW160159363 BCX8\u0022\u003EInvestment income\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003E\u003Cspan class=\u0022EOP SCXW149509381 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW160159363 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW160159363 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW90706412 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW90706412 BCX8\u0022\u003EDividends are accounted for on a \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW90706412 BCX8\u0022\u003Ereceipts\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW90706412 BCX8\u0022\u003E basis. Interest is accounted for on an \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun AdvancedProofingIssueV2 SCXW90706412 BCX8\u0022\u003Eaccruals basis\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW90706412 BCX8\u0022\u003E and includes all amounts earned up to the balance sheet date. Associated tax recoveries are included for all amounts shown as income.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW90706412 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003E\u003Cspan class=\u0022EOP SCXW149509381 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW160159363 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW160159363 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW90706412 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW185061441\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW185061441\u0022\u003EGifts in kind\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003E\u003Cspan class=\u0022EOP SCXW149509381 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW160159363 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW160159363 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW90706412 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW185061441\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW185061441\u0022\u003E\u003Cspan class=\u0022TextRun SCXW211092584 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW211092584 BCX8\u0022\u003EProperties, investments, heritage assets, other fixed assets and any other assets or services donated to the charity are included as donated income at their estimated market value at the time of receipt.\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW142906039\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW142906039\u0022\u003E\u003Cspan class=\u0022EOP SCXW7620976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW228079981 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW228079981 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW143185187\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW143185187\u0022\u003E\u003Cspan class=\u0022EOP SCXW100125344 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW212806290 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW246706094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW92769675\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW92769675\u0022\u003E\u003Cspan class=\u0022EOP SCXW178986793 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW127691012\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW127691012\u0022\u003E\u003Cspan class=\u0022EOP SCXW149509381 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW160159363 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW160159363 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW90706412 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW185061441\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW185061441\u0022\u003E\u003Cspan class=\u0022TextRun SCXW211092584 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW74239444 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW74239444 BCX8\u0022\u003Ed. Allocation of income and costs\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW74239444 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EAll expenditure is accounted for on an accruals basis and is allocated as described below.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ENotes to the financial statements (continued)\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cem\u003E\u003Cstrong\u003E\u003Cspan class=\u0022TextRun SCXW139439651 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW139439651 BCX8\u0022\u003EActivities for generating funds and fundraising trading: costs of goods sold and other costs.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW139439651 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW139439651 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW139439651 BCX8\u0022 /\u003E\u003C/span\u003E\u003C/strong\u003E\u003C/em\u003E\u003Cspan class=\u0022TextRun SCXW139439651 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW139439651 BCX8\u0022\u003EIncome and expenditure from Scout Store Limited, World Scout Shop Limited, Scout Services Limited\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW139439651 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW139439651 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW139439651 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW139439651 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW139439651 BCX8\u0022\u003Eand from commercial activities carried out at 65 Queen\u2019s Gate and the \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW139439651 BCX8\u0022\u003EGilwell\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW139439651 BCX8\u0022\u003E Conference Centre are\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW139439651 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW139439651 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW139439651 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW139439651 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW139439651 BCX8\u0022\u003Eclassified under these headings.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW139439651 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022EOP SCXW139439651 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW27107704 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW27107704 BCX8\u0022\u003ECharitable activities\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThis comprises income from the provision of services supporting the objects of the Association through operations including the Information Centre, insurance services, and Scouting magazine as well as the National Activity Centres. 20% of accommodation and training fees receivable at the Gilwell Conference Centre are also included under this heading, with the remaining income included in activities for generating funds.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ECharitable activities have been analysed under the following headings:\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 Youth programme\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 Development of Scouting\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 Adult support and training\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 Support and services to members\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Association\u2019s activities are largely financed by national membership subscriptions and by the surpluses generated by its trading subsidiaries rather than income from charitable activities. The activities have been classified as described in note 6.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EWhere possible the income and costs relating to a department or cost centre are allocated in full to one of the above categories, but in practice many departments have an involvement in more than one activity. The other major allocations, which are reviewed annually by the Trustees, are set out below.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/14394/annual-report-4.png","width":1417,"height":444,"altText":"Table showing cost allocations.","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Ch4\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003ESupport costs\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022TextRun SCXW36612267 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003EThese are costs incurred directly in support of the objects of the charity. The costs are attributed to the activities that they support. Where a department supports all the charity\u2019s activities, the costs have been apportioned pro-rata to the staff resources directly engaged in that activity. The percentages that apply are:\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW36612267 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW36612267 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW36612267 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW36612267 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003ETrading \u2013 6%\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW36612267 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW36612267 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW36612267 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW36612267 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003EYouth \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW36612267 BCX8\u0022\u003Eprogramme\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003E \u2013 20%\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW36612267 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW36612267 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW36612267 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW36612267 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003EDevelopment of Scouting \u2013 29%\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW36612267 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW36612267 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW36612267 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW36612267 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003EAdult support and training \u2013 26%\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW36612267 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW36612267 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW36612267 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW36612267 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW36612267 BCX8\u0022\u003ESupport and services to members \u2013 19%\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003EGrants payable\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003E\u003Cspan class=\u0022TextRun SCXW170497494 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW170497494 BCX8\u0022\u003EGrants payable are included in the Statement of Financial Activities as expenditure in the period in which the award is made. Grants which have been approved by the Trustees and agreed with other \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW170497494 BCX8\u0022\u003Eorganisations\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW170497494 BCX8\u0022\u003E but which are unpaid at the \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW170497494 BCX8\u0022\u003Eyear end\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW170497494 BCX8\u0022\u003E are accrued. Grants where the beneficiary has not been informed or has to meet certain conditions before the grant is released are not accrued.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW170497494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003E\u003Cspan class=\u0022EOP SCXW170497494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW235194711\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW235194711\u0022\u003EGovernance costs\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003E\u003Cspan class=\u0022EOP SCXW170497494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW235194711\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW235194711\u0022\u003E\u003Cspan class=\u0022TextRun SCXW159145313 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW159145313 BCX8\u0022\u003EThese are the costs associated with the governance arrangements of the charity which relate to compliance with \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW159145313 BCX8\u0022\u003Elegal\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW159145313 BCX8\u0022\u003E and statutory requirements of the charity as opposed to those costs associated with fundraising. They include audit fees and the costs of Trustees\u2019 meetings.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW159145313 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003E\u003Cspan class=\u0022EOP SCXW170497494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW235194711\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW235194711\u0022\u003E\u003Cspan class=\u0022EOP SCXW159145313 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW45401234\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW45401234\u0022\u003Ee. Intangible fixed assets\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003E\u003Cspan class=\u0022EOP SCXW170497494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW235194711\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW235194711\u0022\u003E\u003Cspan class=\u0022EOP SCXW159145313 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW45401234\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW45401234\u0022\u003E\u003Cspan class=\u0022TextRun SCXW120335757 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW120335757 BCX8\u0022\u003EIT software is \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW120335757 BCX8\u0022\u003Ecapitalised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW120335757 BCX8\u0022\u003E and written off over the term of the related contract, between two and five years. Goodwill arising \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW120335757 BCX8\u0022\u003Eon acquisition\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW120335757 BCX8\u0022\u003E of an undertaking is the difference between the fair value of the consideration paid and the fair value of the assets and liabilities acquired. It is \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW120335757 BCX8\u0022\u003Ecapitalised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW120335757 BCX8\u0022\u003E and \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW120335757 BCX8\u0022\u003Eamortised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW120335757 BCX8\u0022\u003E through the Statement of Financial Activities over the Trustees\u2019 estimate of its useful economic life which can range from 5 to 10 years. Impairment tests on the carrying value are undertaken at the end of the first full year after acquisition and in any other subsequent period if events or changes in circumstances indicate that the carrying value may not be recoverable. The cost of acquiring a brand \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW120335757 BCX8\u0022\u003Elicence\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW120335757 BCX8\u0022\u003E is written off over the term of the related contract.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW120335757 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW50191196\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW50191196\u0022\u003E\u003Cspan class=\u0022EOP SCXW36612267 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW108106514\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW108106514\u0022\u003E\u003Cspan class=\u0022EOP SCXW170497494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW235194711\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW235194711\u0022\u003E\u003Cspan class=\u0022EOP SCXW159145313 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW45401234\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW45401234\u0022\u003E\u003Cspan class=\u0022EOP SCXW120335757 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW211093565\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW211093565\u0022\u003Ef. Heritage fixed assets\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Association maintains a heritage collection of around 250,000 items. Through an active and innovative programme of collecting, interpreting and engagement, the Heritage Collection helps create connections between members of The Scout Association, both past and present, and the wider community. The Heritage Collection is managed by the Headquarters\u2019 Heritage Service. To ensure its ongoing representation of Scouting\u2019s story the Heritage Service continues to collect both historical and contemporary material. New acquisitions are normally made by donation with occasional low cost purchases. New material is acquired in accordance with The Scout Association\u2019s Collecting Policy.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EHeritage assets are carried at fair value. The Association has made reference to the latest available external valuations in forming their assessment of period end fair value. Gains and losses on revaluation are recognised through \u2018Other recognised gains\u2019 in the Statement of Financial Activities.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Association will occasionally approve the disposal of elements of the Collection, this process is carried out in accordance with the Code of Ethics and industry best practice as dictated by the Arts Council England Accreditation Standard. Disposal will be judged against the Association\u2019s Collecting Policy. Disposal will be carried out in line with the Disposal Policy and follow the Disposal Procedure. Disposal of accessioned material only takes place with the approval of the Trustees or\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Etheir designated representative. Disposal of non-accessioned items takes place with the approval of the Director of Commercial Services.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EExpenditure that is in the Trustees\u2019 view required to conserve or prevent further deterioration of individual items is recognised as expenditure when it is incurred. The Heritage Service actively seeks external funding to support the delivery of this work.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW48323527 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW48323527 BCX8\u0022\u003Eg. Other fixed assets\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EOther fixed assets are stated at cost. Where land and buildings are acquired together it is assumed that the buildings represent 50% of the initial cost. Investment in systems development in support of the charity\u0027s strategy is capitalised as a tangible fixed asset. Depreciation is calculated to write off the cost of assets by equal annual amounts over their expected useful lives. Assets costing less than \u00A31,000 are not capitalised. No depreciation is provided on freehold land.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EDepreciation rates used are:\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EFreehold property \u2013 50 years, with\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E10 years for replacement elements\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ELeasehold property \u2013 the shorter of the lease period or 50 years\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EFurniture fittings and equipment \u2013 4 to 5 years\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ESystems Development \u2013 5 years\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EMotor vehicles \u2013 5 to 10 years\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EGains or losses on the disposal of fixed assets are reflected in net income/expenditure for the year shown in the Statement of Financial Activities.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EImpairment reviews on fixed assets are carried out each year and any asset with a carrying value materially higher than its recoverable or useful value is written down accordingly.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EFixed assets held for investment purposes are stated at market value on the balance sheet date. Any gains or losses on the disposal or revaluation of investment assets are shown as net gains/(losses) on investments in the Statement of Financial Activities.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW170272139\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW170272139\u0022\u003Eh. Investments\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Scout Association holds investments both in order to generate income for the support of charitable objectives and to provide assets to meet the need of reserves, identified in the reserves policy. Investments are stated at current market value on the balance sheet date unless there\u2019s evidence of a different fair value.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EGains or losses arising during the year are disclosed in the statement of financial activities within other recognised gains and losses in the year, and in the notes to the\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Efinancial statements.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW25757477 BCX8\u0022\u003Ei\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E. Current asset investments\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW174026848 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW174026848 BCX8\u0022\u003EThe funds deposited by Scout Groups in the \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW174026848 BCX8\u0022\u003EShort Term\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW174026848 BCX8\u0022\u003E Investment Service are held on short-term deposit with an external investment manager. These short-term deposits are not held by the Scout Association for investment purposes and are included in the balance sheet at fair value as current asset investments. Movements in these funds are shown in the notes to the financial statements.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003Ej. Stocks\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW106781758 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW106781758 BCX8\u0022\u003EStocks are valued at the \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW106781758 BCX8\u0022\u003Elower of\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW106781758 BCX8\u0022\u003E cost and estimated net \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW106781758 BCX8\u0022\u003Erealisable\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW106781758 BCX8\u0022\u003E value.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW106781758 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW106781758 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW106781758 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW106781758 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW106781758 BCX8\u0022\u003ECost is calculated using the current purchase price method and consists of the original cost of goods without any addition for overheads.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW106781758 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW106781758 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW49934113 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW49934113 BCX8\u0022\u003Ek. Provisions\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW106781758 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW49934113 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW247212785 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW247212785 BCX8\u0022\u003EA provision is \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW247212785 BCX8\u0022\u003Erecognised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW247212785 BCX8\u0022\u003E in the balance sheet when the Association has an obligation as a result of a past event and it is probable that an outflow of economic benefits that can be reliably measured will be required to settle that obligation.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW247212785 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW106781758 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW49934113 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW247212785 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW74181733 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW74181733 BCX8\u0022\u003E l. VAT\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW106781758 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW49934113 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW247212785 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW74181733 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW74181733 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW191182931 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW191182931 BCX8\u0022\u003EThe Association is partially exempt for VAT purposes and is not able to reclaim all the VAT it pays. It is not practicable to allocate irrecoverable VAT to the expenses and assets concerned, and irrecoverable VAT is written off.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW191182931 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW25757477 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW174026848 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW262368491 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW262368491 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW106781758 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW49934113 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW247212785 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW74181733 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW74181733 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW191182931 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW120397503 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW120397503 BCX8\u0022\u003Em. Leases\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ESignificant assets held under finance leases and the related lease obligations are included at the fair value of the leased assets at the inception of the lease. Depreciation on leased assets\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Eis calculated to write off this amount on a straight-line basis over the shorter of the lease term and the useful life of the asset.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ERentals payable are apportioned between the finance charge and a reduction of the outstanding obligations.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EAll other leases have been treated as operating leases and the rentals written off as they are paid because of the insignificant amounts involved.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW8782257\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW8782257\u0022\u003En. Pension costs\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EContributions payable to The Scout Association Pension Scheme are charged to the Statement of Financial Activities so as to spread the cost of pensions over the working lives of employees in the scheme. The pension charge is calculated on the basis of actuarial advice.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe pension scheme liabilities are measured using a projected unit method and discounted at an AA sterling corporate bond rate. The pension scheme deficit is recognised in full on the balance sheet.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe current service cost and net return on the scheme\u2019s assets and liabilities for the year is allocated across the resources expended categories in the Statement of Financial Activities. The\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Eactuarial gain on the scheme for the year is included in the gains/(losses) section of the Statement of Financial Activities.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EContributions towards personal pension policies, which are defined contribution schemes, are charged to the Statement of Financial Activities as they are incurred.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW110648312\u0022\u003Eo. \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 BCX8 DefaultHighlightTransition SCXW110648312\u0022\u003EFinancial\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW110648312\u0022\u003E assets\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW110648312\u0022\u003E\u003Cspan class=\u0022TextRun SCXW177689837 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW177689837 BCX8\u0022\u003EFinancial assets, other than investments and derivatives, are initially measured at transaction price (including transaction costs) and subsequently held at cost, less any impairment.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW177689837 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW110648312\u0022\u003E\u003Cspan class=\u0022EOP SCXW177689837 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW266070835\u0022\u003Ep. \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 BCX8 DefaultHighlightTransition SCXW266070835\u0022\u003EFinancial\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW266070835\u0022\u003E liabilities\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW110648312\u0022\u003E\u003Cspan class=\u0022EOP SCXW177689837 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW266070835\u0022\u003E\u003Cspan class=\u0022TextRun SCXW193862094 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW193862094 BCX8\u0022\u003EFinancial liabilities are classified according to the substance of the financial instrument\u2019s contractual obligations, rather than the financial instrument\u2019s legal form. Financial liabilities, excluding derivatives, are initially measured at transaction price (including transaction costs) and subsequently held at \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SpellingErrorV2 SCXW193862094 BCX8\u0022\u003Eamortised\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW193862094 BCX8\u0022\u003E cost.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW193862094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW110648312\u0022\u003E\u003Cspan class=\u0022EOP SCXW177689837 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW266070835\u0022\u003E\u003Cspan class=\u0022EOP SCXW193862094 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW29733610\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW29733610\u0022\u003Eq. Forward currency contracts\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Scout Association enters into forward contracts for the purchase of currency in order to manage its exchange rate exposure relating to the World Scout Jamboree and other overseas events. Hedge contracts are measured at fair value at each reporting date.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EWhere there is a change in exposure at the balance sheet date, through movement in the forward exchange rate from the contract rate, that change is included in expenditure in the statement of financial activities.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW241630290\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW241630290\u0022\u003Er. Judgements in applying accounting policies and key sources of estimation uncertainty\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EIn preparing these financial statements, the Trustees have made the following judgements:\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 The determination of whether fixed asset properties owned by the Scout Association are held for operational use, and so classed as tangible fixed assets, or whether they are classed as Investment properties.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 The determination of whether or not there are indications of impairment of the Scout Association\u2019s tangible and intangible assets, including goodwill, taking into consideration the economic viability and expected future financial performance of\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Ethe asset.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 The determination of appropriate provision for claims, supported by legal advice.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E\u2013 The determination of appropriate financial and demographic assumptions in valuing the defined benefit pension liability in line with FRS 102 requirements, supported by actuarial advice.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch3\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E4. Nature of funds\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h3\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022TextRun SCXW239490543 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW239490543 BCX8\u0022\u003EAll funds are identified as falling into one of three categories.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW109824801\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW109824801\u0022\u003EEndowment funds\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW109824801\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW109824801\u0022\u003E\u003Cspan class=\u0022TextRun SCXW186851211 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW186851211 BCX8\u0022\u003EEndowment funds are those received to be held as capital with only the income available to be spent. Subsequent gains or losses \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW186851211 BCX8\u0022\u003Eon\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW186851211 BCX8\u0022\u003E the disposal of the underlying assets of the fund become part of the capital.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW186851211 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4 class=\u0022lead\u0022\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW109824801\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW109824801\u0022\u003E\u003Cspan class=\u0022EOP SCXW186851211 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW206610413 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW206610413 BCX8\u0022\u003ERestricted funds\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW109824801\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW109824801\u0022\u003E\u003Cspan class=\u0022EOP SCXW186851211 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW206610413 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022TextRun SCXW7741747 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW7741747 BCX8\u0022\u003ERestricted funds are those received which have been earmarked for a special purpose by the donor or the terms of an appeal.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW7741747 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW109824801\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW109824801\u0022\u003E\u003Cspan class=\u0022EOP SCXW186851211 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW206610413 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW7741747 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW39254992 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW39254992 BCX8\u0022\u003EUnrestricted funds\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW219984283\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW219984283\u0022\u003E\u003Cspan class=\u0022EOP SCXW239490543 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW109824801\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW109824801\u0022\u003E\u003Cspan class=\u0022EOP SCXW186851211 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW206610413 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022EOP SCXW7741747 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW39254992 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW39254992 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW190854233 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW190854233 BCX8\u0022\u003EUnrestricted funds are those received, which aren\u2019t subject to any special restriction. They are divided between general funds and designated funds. Designated funds comprise amounts\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW190854233 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW190854233 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW190854233 BCX8\u0022 /\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW190854233 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW190854233 BCX8\u0022\u003Eset aside by the Trustees to be used for particular purposes.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW190854233 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15058/income-and-endowments.png","width":2570,"height":3308,"altText":"Income and endowments tables.","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15059/expenditure.png","width":2834,"height":2956,"altText":"A table of expenditures.","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ECharitable activities have been analysed into four categories as explained in note 3.d. Costs are allocated using the principles explained in that note.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EYouth programme includes the various educational activities in which members participate.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EDevelopment activities are those which are focused on growing our movement.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EAdult support and training includes those activities which assist leaders and other adults involved in Scouts.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ESupport and services to the movement includes those activities that help ensure the safety and safeguarding of children, which underpin the activities of Scout Groups.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15060/notes-to-the-financial-statements-1.png","width":2466,"height":3308,"altText":"Analysis of grants to local Scouting.","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15061/7-staff-costs.png","width":2598,"height":3308,"altText":"Table of staff costs.","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15062/pension-schemes.png","width":2530,"height":3308,"altText":"Information on pension schemes.","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/17212/amounts-recognised.png","width":1800,"height":2422,"altText":"Amounts recognised in the Statement of Financial Activities.","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/17213/sensitivity-of-the-values.png","width":1800,"height":1733,"altText":"Sensitivity of the values placed on the liabilities.","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/17214/intangible-fixed-assets.png","width":1800,"height":1588,"altText":"Intangible fixed assets and Heritage fixed assets.","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EA valuation is provided for some of the key items in the Association\u2019s collection, particularly those relating to the Founder, since the nature of these items permits sufficiently reliable valuation. The initial valuation was prepared by Lyon \u0026amp; Turnbull, members of the Society of Fine Art Auctioneers and Valuers, in 2011.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EA revaluation report was produced by Pall Mall on 1 April 2016. In the opinion of the Trustees, the values are applicable to these assets at 31 March 2021. Any surplus or deficit on revaluation is charged to the net movement in funds on the Consolidated Statement of Financial Activities. Additional valuations will only be carried out for the purpose of lending items to other organisations and insurance.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Trustees consider that obtaining valuations for the remainder of the Collection would involve disproportionate cost due to the diverse nature of the material held and the lack of comparable market values. Other than the items that have been valued as described above, the Association does not recognise these assets on its Balance Sheet. It\u2019s the intention of The Scout Association to preserve these items indefinitely, therefore amortisation isn\u2019t, in our view, appropriate.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW66888447 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW66888447 BCX8\u0022\u003Eb. \u003C/span\u003E\u003Cspan class=\u0022NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW66888447 BCX8\u0022\u003EFive year\u003C/span\u003E\u003Cspan class=\u0022NormalTextRun SCXW66888447 BCX8\u0022\u003E financial summary of heritage asset transactions\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW66888447 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022EOP SCXW66888447 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW55710494 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW55710494 BCX8\u0022\u003EThere have been no purchases, donations, disposals or valuations in the last five years.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW55710494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022EOP SCXW66888447 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022EOP SCXW55710494 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW22440157\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW22440157\u0022\u003Ec. Further information on heritage assets\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Association maintains a heritage collection of around 250,000 items. Through an active and innovative programme of collecting, interpreting and engagement, the Heritage Collection helps create connections between members of The Scout Association, both past and present, and the wider community. The Heritage Collection is managed by the Headquarters\u2019 Heritage Service. To ensure its ongoing representation of Scouts\u2019 story, the Heritage Service continues to collect both historical and contemporary material. New acquisitions are normally made by donation with occasional low cost purchases. New material is acquired in accordance with The Scout Association\u2019s Collecting Policy.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Heritage Service, supported by a small team of volunteers, is working to catalogue the Collection in line with The Heritage Collections Trust SPECTRUM standard and the national standard for archive cataloguing: this activity is an ongoing priority. Currently, approximately 10% of the Collection is catalogued to these standards.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Association will occasionally approve the disposal of elements of the Collection. This process is carried out in accordance with the Code of Ethics and industry best practice as dictated by the Arts Council England Accreditation Standard. Disposal will be judged against the Association\u2019s Collecting Policy. Disposal will be carried out in line with the Disposal Policy and follow the Disposal Procedure. Disposal of accessioned material only takes place with the approval of the Trustees or their designated representative. Disposal of non-accessioned items takes place with the approval of the Director of Commercial Services. In accordance with best practice, the Heritage Service will always try to keep the item in the public domain by gifting it free of charge to other relevant museum collections or archives. If an appropriate museum or archive can\u2019t be found, the item may be considered for sale: any proceeds from such a sale would be restricted to the care and preservation of the Collection.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EExpenditure that is, in the Trustees\u2019 view, required to conserve or prevent further deterioration of individual items, including conservation work, is recognised as expenditure when it\u2019s incurred. The Heritage Service actively seeks external funding to support the delivery of this work.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EA small number of Collection items are displayed within the buildings and grounds of Gilwell Park but most of the Collection is held in storage. Included in the development plans for Gilwell Park is a new facility which would increase public access to the Collection through a permanent display and a series of temporary exhibitions, as well as providing more appropriate storage for the Collection, ensuring its long term preservation. Currently, access to the Collection is provided through the enquiries service, research appointments, the Gilwell Park Heritage Trail, the Scout Heritage website and exhibitions and activities organised with partner organisations. The Heritage Service continues to reach out to new audiences through activities including participation in the national Heritage Open Days scheme and programmes, including the UK Dementia Friendly Heritage Network.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Association maintains the heritage collection in a good condition, and no items currently require substantial conservation expenditure. The nature of some of the assets, such as early cine-film, means they will deteriorate over time and should be considered a priority for preservation by digitisation and specialist storage.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15075/image-4.png","width":1417,"height":816,"altText":"Tangible fixed assets","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15076/image-5.png","width":1417,"height":692,"altText":"The Association statistics","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15077/image-6.png","width":1417,"height":1152,"altText":"Investment in subsidiary companies","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15078/image-7.png","width":2478,"height":3308,"altText":"Investment in subsidiaries","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15079/image-8.png","width":2454,"height":3308,"altText":"Stocks and Debtors","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15080/image-9.png","width":2834,"height":2948,"altText":"Current asset investments","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15090/18-provisions.png","width":2834,"height":1872,"altText":"Provisions for liabilities and contingent liabilities.","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Cp\u003EThe Association puts young people first and their safeguarding and safety is paramount, but with the nature of our work there are claims made against the Scout Association. Taking account of legal advice, provision is made on a best estimate basis for those claims of which the Association is aware and for which it is assessed it is probable that the Association will be liable. Such claims are covered in part by commercial insurance policies and, in relation to the Association itself, by insurance policies issued by Scout Insurance (Guernsey) Limited. The amount receivable from insurers to the extent that provision has been made is included in debtors.\u003C/p\u003E\n\u003Cp\u003EIn addition it is the Association\u2019s experience that incidents and/or claims may still be notified to the Association for events which occurred prior to 31 March 2021. Since the nature of any such incident or claim is not yet known, it is not possible for the Association to determine whether it is probable that the Association will be held liable or to estimate the amount of any consequential outflow of economic benefits. Therefore there exists an unquantifiable contingent liability in respect of such incidents and/or claims. As noted above the Association has arranged insurance cover (both with third party insurers and Scout Insurance (Guernsey) Limited) for such claims and accordingly the Association is satisfied that any such claims that might arise would not present a significant financial risk to the Association.\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15082/image-11.png","width":2558,"height":3308,"altText":"Fund balances","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15083/image-12.png","width":2712,"height":3308,"altText":"Reconciliation of movement in funds","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Ch4\u003E\u003Cspan class=\u0022TextRun SCXW174110775 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW174110775 BCX8\u0022\u003Eb. Restatement\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW174110775 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe results for 2019/20, the balance sheet as at 31 March 2020 and the fund balances as at 31 March 2019 have been restated following the reassessment of a number of balances and assets.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Ei The Association\u2019s property at 65 Queens Gate was previously included in tangible fixed assets at historical cost less depreciation. During the course of last year, a reassessment was made of its use by the Association \u2013 this has significantly reduced over the last few years. As a consequence, it was determined that it should be classified as an investment property certainly since 31 March 2019.\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EPreviously, 20% of the income and expenditure deriving from 65 Queens Gate was apportioned to our Youth programme in charitable activities. All income and expenditure has now been treated as trading activity.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Eii The King George VI Leadership Fund has for many years been shown as a restricted fund, albeit with no spend of the capital value. With plans for further developing our spend on leadership in Scouts, the original trust documents were reviewed, identifying this as an endowment fund.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Eiii The Association puts young people first and their safeguarding and safety is paramount, but with the nature of our work there are potential claims against The Scout Association. Provision is made by the Association for public liability claims. In previous years these provisions have been separated by those claims handled directly by the Association and those insured through Scout Insurance (Guernsey) limited. All the liability however rests with the Association and its balance sheet has therefore been corrected to reflect the provision for such claims at the same amount as that shown by the group, albeit offset by an equal and opposite debtor to reflect amounts covered by insurance provided by both Scout Insurance\u003C/span\u003E\u003Cspan\u003E\u00A0\u003Cbr /\u003E\u003C/span\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003E(Guernsey) Limited and third party insurers.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EIn addition Scout Insurance (Guernsey) Limited makes provision for claims using the insurance accounting standard FRS 103 whereas the Association and group use the stricter criteria for establishing provisions contained in FRS 102, and the prior year\u0027s group financial statements have been corrected accordingly.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe consolidated financial statements for the prior year also reflect adjustments to more correctly eliminate intercompany transactions and balances.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EIn the balance sheets of the group and the Association the provision for claims was included in other creditors and it has now been shown separately with the analysis in Note 18.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003Eiv Where the Association has forward currency contracts, the movement in the value at the year end was shown in the SOFA under other recognised gains/(losses). This movement has now been included in expenditure.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThese changes in treatment have been reflected as prior year adjustments, with the impact shown below, referenced to the four changes.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15084/image-13.png","width":2834,"height":1214,"altText":"Funds 31 March 2019","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15085/image-14.png","width":2462,"height":3308,"altText":"Consolidation statement","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15086/image-15.png","width":2486,"height":3308,"altText":"Association balance sheet 31 March 2020","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Cp\u003E\u003Cspan class=\u0022TextRun SCXW182915590 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW182915590 BCX8\u0022\u003ENotes to the financial statements (continued)\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW182915590 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022EOP SCXW182915590 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW101053941 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW101053941 BCX8\u0022\u003Ec. Endowment funds - Consolidated and the Association\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan class=\u0022EOP SCXW182915590 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW101053941 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW101053941 BCX8\u0022\u003E\u003Cspan class=\u0022TextRun SCXW156448976 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW156448976 BCX8\u0022\u003EEndowment funds include the 1914 Endowment Fund, the King George VI Leadership Fund and 6 (2020: 6) other funds administered by the Association. Income from the 1914 Endowment Fund, and two others, is unrestricted and credited to the General Fund. Income from two funds is restricted and income from the remaining fund is paid to an external Scouting beneficiary.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW156448976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022EOP SCXW182915590 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW101053941 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW101053941 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW156448976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW72929188\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW72929188\u0022\u003Ed. Restricted funds - Consolidated and the Association\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan class=\u0022EOP SCXW182915590 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW101053941 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW101053941 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW156448976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW72929188\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW72929188\u0022\u003E\u003Cspan class=\u0022TextRun SCXW246108480 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW246108480 BCX8\u0022\u003EThe main restricted funds are shown in note 18(a), comprising national and local development funds.\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022LineBreakBlob BlobObject DragDrop SCXW246108480 BCX8\u0022\u003E\u003Cspan class=\u0022SCXW246108480 BCX8\u0022\u003E\u00A0\u003C/span\u003E\u003Cbr class=\u0022SCXW246108480 BCX8\u0022\u003E\u003C/span\u003E\u003Cspan class=\u0022TextRun SCXW246108480 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW246108480 BCX8\u0022\u003EFurther details of the funds available, and the process of applying to them for grants, are to be found at\u00A0\u003C/span\u003E\u003Ca href=\u0022/volunteers/running-things-locally/grants-and-funds-for-your-local-group/\u0022 title=\u0022Grants and funds for your local group\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW246108480 BCX8\u0022\u003Ewww.scouts.org.uk/grants\u003C/span\u003E\u003C/a\u003E.\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/p\u003E\n\u003Ch4\u003E\u003Cspan class=\u0022EOP SCXW182915590 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW101053941 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW101053941 BCX8\u0022\u003E\u003Cspan class=\u0022EOP SCXW156448976 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW72929188\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW72929188\u0022\u003E\u003Cspan class=\u0022EOP SCXW246108480 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW172661645\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW172661645\u0022\u003Ee. Designated funds - Consolidated and the Association\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/span\u003E\u003C/h4\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe fixed asset fund represents the value of the Association\u0027s tangible fixed assets, goodwill and licences, and heritage assets.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe World Scout Events Fund provides support to members attending World Scouting events, such as World Jamborees, the World Moot and the World Scout Conference.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Capital Development Fund represents capital projects that have been approved by the Finance Committee to improve the safeguarding and operations of the charity, where the future commitment hasn\u2019t been incurred at the year end.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15087/image-16.png","width":2834,"height":2124,"altText":"Analysis of net assets between funds","caption":"","link":null},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15088/image-17.png","width":2834,"height":984,"altText":"Other financial commitments and authorised expenditure.","caption":"","link":null},{"gridType":"RichTextBlock","content":"\u003Ch3\u003E\u003Cspan class=\u0022TextRun BCX8 SCXW229116419\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun BCX8 SCXW229116419\u0022\u003E21. Events occurring after the reporting period\u003C/span\u003E\u003C/span\u003E\u003C/h3\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Scout Association has agreed heads of terms for the sale of its property at 65 Queens Gate, London, and the sale is planned to complete in July 2021.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EThe Trustees have decided to wind up the operations of Scout Insurance (Guernsey) Limited and dissolve the company. Assets and liabilities of the company will revert to the Scout Association.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Ch3\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u003Cspan class=\u0022TextRun SCXW74598341 BCX8\u0022 data-contrast=\u0022auto\u0022\u003E\u003Cspan class=\u0022NormalTextRun SCXW74598341 BCX8\u0022\u003E22. Related party transactions\u003C/span\u003E\u003C/span\u003E\u003Cspan class=\u0022EOP SCXW74598341 BCX8\u0022 data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/span\u003E\u003C/h3\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003EDuring the year 2 Trustees (2020: 20 Trustees) were reimbursed \u00A3300 expenses (2020: \u00A315,000) for travel and subsistence, incurred in their attending meetings and in the carrying out of their duties. Note 6 refers to Trustee remuneration.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ETransactions with the defined benefit pension scheme comprised agreed ongoing, deficit and administration payments of \u00A3722,000 (2020: \u00A3612,000 and a one-off \u00A32,000,000 deficit payment) in accordance with the agreed deficit reduction plan.\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E\n\u003Cp\u003E\u003Cspan data-contrast=\u0022auto\u0022\u003ETransactions with subsidiaries:\u003C/span\u003E\u003Cspan data-ccp-props=\u0022{\u0026quot;201341983\u0026quot;:0,\u0026quot;335559739\u0026quot;:160,\u0026quot;335559740\u0026quot;:259}\u0022\u003E\u00A0\u003C/span\u003E\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"gridImageBlock","gtmId":"gtmId","gtmClass":"gtmClass","image":"/media/15070/image-18.png","width":2834,"height":1372,"altText":"Transactions with subsidiaries","caption":"","link":null}]}],"config":null}]},"prev":{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/balance-sheet/","title":"Balance sheet"},"next":{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/our-members/","title":"Our members"},"allParts":[{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/different-thinking-for-a-different-world/","title":"Different thinking for a different world"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/safety-first/","title":"Safety first"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/our-purpose-and-method/","title":"Our purpose and method"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/vision-and-strategic-objectives/","title":"Vision and strategic objectives"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/skills-for-life-our-plan-to-prepare-better-futures-2018-2025/","title":"Skills for Life: Our plan to prepare better futures 2018\u20132025"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/growth/","title":"Growth"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/inclusivity/","title":"Inclusivity"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/youth-shaped/","title":"Youth Shaped"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/community-impact/","title":"Community Impact"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/three-pillars-of-work/","title":"Three pillars of work"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/programme/","title":"Programme"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/people/","title":"People"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/perception/","title":"Perception"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/theory-of-change/","title":"Theory of Change"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/theory-of-change-diagram/","title":"Theory of Change (diagram)"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/the-impact-of-scouts-on-young-people/","title":"The impact of Scouts on young people"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/our-finances/","title":"Our finances"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/trustees-responsibilities/","title":"Trustees\u2019 responsibilities"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/independent-auditor-s-report-to-the-trustees-of-the-scout-association/","title":"Independent Auditor\u2019s Report to the Trustees of The Scout Association"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/consolidated-statement-of-financial-activities/","title":"Consolidated statement of financial activities"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/balance-sheet/","title":"Balance sheet"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/statements-of-cash-flows/","title":"Statements of cash flows"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/our-members/","title":"Our members"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/how-we-operate/","title":"How we operate"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/governance-structure-and-board-membership-1-april-2020-to-31-march-2021/","title":"Governance structure and Board membership \u2013 1 April 2020 to 31 March 2021"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/our-advisers/","title":"Our advisers"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/our-thanks/","title":"Our thanks"},{"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/investors-in-people/","title":"Investors in People"}],"link":"/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/statements-of-cash-flows/","id":48285,"nodeName":"Statements of cash flows","title":"Statements of cash flows","type":"codexPart","image":{"url":"/media/10478/scouts-logo.jpg?width=800\u0026height=450\u0026v=1db789232a4a190","caption":"Scouts Logo","type":"jpg","size":30784,"width":800,"height":450,"altText":"The Scouts logo"},"assets":null,"headerOptions":{"headerTitle":"Statements of cash flows","headerSubTitle":null,"headerCta":null,"headerCtaText":null,"headerCtaLink":null,"headerBackgroundColour":null,"showSEOImage":false,"headerBackgroundImage":null,"quickLinks":null},"searchDescription":"Check out our statements of cash flows from the year 2020-2021.","subHeader":"Check out our statements of cash flows from the year 2020-2021.","browserTitle":null,"silktide":"eyJjbXMiOiJVbWJyYWNvIiwiZWRpdG9yVXJsIjoiaHR0cHM6Ly9wcm9kLWNtcy5zY291dHMub3JnLnVrLy91bWJyYWNvIy9jb250ZW50L2NvbnRlbnQvZWRpdC80ODI4NSJ9","canonicalUrl":"https://www.scouts.org.uk/about-us/our-impacts-and-reports/scouts-annual-report-2020-21/statements-of-cash-flows/"}