Money (That’s What I Want)

OK, I’m not going to go on about the song sung by The Beatles and Barrett Strong!

Yesterday I got round to finalising the Scout Troop’s money for the last term. Now for reasons too boring to go into here, I look after the Troop’s subs money. Once I’d tallied all the cash up, two things surprised me. First that it balanced first time and second that the Troop had a lot more cash than I thought!

Now when I say I was surprised that it balanced against the accounts I keep, I mean that I normally make a mistake and miscount or miss an item from the accounts themselves! As to the amount, we always try to make sure that any money we have in the section’s own ‘kitties’ is less than £100. Any surplus goes to the Group. This ensures that we don’t have lots of cash around our homes and that it’s in a more secure place – the bank! So I have a trip round to the Group’s Treasurer very soon.

Keeping money for an organisation, even just the weekly subs, is quite a responsibility and you have to be accurate in all that is done and ensure that everything is properly recorded. The ‘fingers in the till’ situation must never happen. This is another reason we keep section money below £100.

2 Replies to “Money (That’s What I Want)”

  1. We don’t collect weekly subs we do it all via cheques per term. It makes live much easier in one aspect because we collect the cheques in and they get passed to the Group Treasurer and he cooks the books.
    What it does leave is a gaping hole where what you call the Kitty is, the Kitty is the scout leader bank account.
    I know if you read POR then this is not the way it should be done but that is the way it has always been done. I guess we are lucky that the leadership team is able to pay for items and then claim the money back form the group.

    YIS
    K

  2. I’d LOVE to be able to get subs money in by cheque or even by direct debit / standing order, but that does seem a little beyond some of our parents. That might seem a little mean spirited, but it’s hard enough trying to get some of them to fill in a Gift Aid form!
    However, the money rolls in, so everything works!

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