Financial Management of Hayling Scouts

Without financial support from government or the Scout Association, financial management, particularly of a large group is a key activity.

Our executive committee is responsible for ensuring that the leaders and sections have the facilities and equipment they need to carry out their activities and part of this responsibility is the provision of effective financial control and the decisions on the level of subscriptions, the amount and type of fund raising and the attraction of donations. The uniformed sections play a key role in the execution of these decisions.

We plan an annual budget and to meet our legal obligations for both the Charities Commission and the Scout Association we produce audited annual accounts.

Our accounts (and our planning) are separated into 6 main categories:-

Our prime income sources are allocated to these funds in the following way:-