AMENDMENT: added Scout Insurance Services Limited, dropped The Scout Buisness Trust and Scouting 2007, May 2005.
Scout Shops Limited is the service for the supply of the material requirements of the Association. It is a company owned by the Association, and the taxable profit from its trading is covenanted to the Association.
The Scout Association Trust Corporation is a company limited by guarantee formed by The Scout Association. Its powers and constitution are stated in its Memorandum and Articles of Association and it is licensed as a trust corporation by the Lord Chancellor.
The Scout Association Trust Corporation may act as sole trustee for land and investments for The Scout Association and for Scout Councils of Groups, Districts and Counties in the United Kingdom, excepting Scotland.
It is also the trustee for the Scout and Guide Trust Fund, which is a common investment scheme for The Scout Association and Girlguiding UK, authorised by the Secretary of State for Education and Employment under Section 22 of the Charities Act, 1960 as amended by Section 24 of the Charities Act, 1993.
Scout Services Limited is a company formed by The Scout Association for the purpose of fund raising. It is wholly owned by the Association and the profit from its trading is covenanted to the Association.
Scout Insurance (Guernsey) Limited is a 'captive' Insurance Company registered in Guernsey. Its purpose is to undertake insurance business on behalf of the Scout Movement and thus, to a certain extent, protect the Movement from premium rates applicable to the general insurance market. The premiums charged can be related more directly to the risks involved in Scout activities instead of having to follow the open market rates.
Scout Insurance Services Limited is a company wholly owned by The Scout Association. Its primary purpose is to provide insurance support to The Association, to the Scout Movement in the United Kingdom and to British Groups based abroad. Scout Insurance Services Limited is authorised and regulated by the Financial Services Authority.
