## **The Cuckoo’s Nest** 

## **AGM Annual Report 2023 – 2024** 

Thank you for taking the time to support us at our AGM. 

This year has seen considerable change within our body of Volunteers. We have lost several experienced volunteers- either through paid job opportunities, retirement or long-term absence/ sickness. That is the main reason we had to close on Tuesdays to enable those volunteers left to cover extra shifts. Our volunteers have really stepped up to the mark covering lots of extra shifts and taking on additional responsibilities. This brings me on to our recruitment drive. You’ll see our new flyers (courtesy of Kim and Clare) on y our seats. If you, or anyone you know, could spare 2 – 3 hours a week, please get in touch. You’ll be most welcome. Please spread the word. 

Despite having to close on Tuesdays our weekly sales have been pretty much the same. Having a weekly readout enables us to identify which categories are selling well and which we need to promote more. Having more variety of goods, other than books, in the bookshop has certainly increased sales as do the special promotions held.  Although our annual sales are slightly less than lasy year Jazz Weekend, Christmas and Easter really boosted our income. We are always looking at ways to try to improve our retail space and to make the shops more customer friendly. We use Facebook to advertise special events and to increase sales of bric–a–brac and rare books we have been using Sheffield Auction Gallery (who do not charge us commission). Recycling income has gradually decreased so we are also looking at other ways to make money from these items. 

As a ‘thank you’ for their hard work our volunteers enjoyed a Christmas meal at the Golf Club or had vouchers for Fresh and Fruity. They continue to work hard to enable us to give out our biannual grants. It has been really noticeable that more grants have been given to various groups who help with food poverty in and around Marsden, namely St. Barthlomew’s Community Café and Food Bank, Colne Valley Help and Marsden Resilience Fund. Since opening we have given well over £700,000 in grants to local community groups. 

We are always trying to improve the shop premises. We are having new wooden windows fitted within the next few weeks. We are in the throes of having to address damp problems in the cellar, too. Hopefully we may soon be able to revamp our small kitchen space. 

Finally, I would like to thank Kim sand Phil for sorting out this evening’s refreshments, our committee and volunteers for their hard work which enables us to provide that little extra something for our community groups and to you our public who support us by donating or purchasing goods. 

Here’s to another successful year. 

Cath Elliot, Vice Chair to the Cuckoo’s Nest, July 2024 



**July 2024** 

## **Cuckoo’s Nest AGM** 

## **Treasurer’s Report** 

We have seen another good year of trading in both shops – thank you all for your support! 

||**2023 – 24**|22-23|21-22|
|---|---|---|---|
|**Bookshop sales**|**20085.68**|19397|13009|
|**Top shop sales**|**49364.81**|54090|43232|
|**Donations, recycling etc**|**2079.70**|2516|3393|
||**71530.19**|**76003**|**59634**|
|**Community and other grants**|**20052.74**|17223|9470.29|
|**No. of local groups supported**|**23**|17|15|



As you will see, income is down on the previous year.  This is partly due to the recycling company (Colltex) paying us less for things that we cannot sell, and partly due to the cost of living crisis.  However, because we have had fewer shop expenses during the year, we were able to give out more grants, which is great! 

Income and expenditure overall for the last three years looks like this: 



Where does the money come from?  We look at the different categories we sell in the shop, and in the 2023-4 year this was: 

|||||**BRIC-**||||||
|---|---|---|---|---|---|---|---|---|---|
|||||**A-**||**DONA-**||||
|**Month**|**LADIES**|**GENTS**|**CHILDREN**|**BRAC**|**TOYS**|**TIONS**|**LINEN**|**ELECTRIC**|**CARDS**|
|**April**|**2188**|**602**|**353**|**1175**|**304**|**56**|**166**|**32**|**0**|
|**May**|**1761**|**558**|**355**|**994**|**162**|**7**|**167**|**6**|**0**|
|**June**|**2569**|**1171**|**569**|**1075**|**260**|**52**|**136**|**69**|**0**|
|**July**|**1036**|**326**|**302**|**486**|**125**|**18**|**75**|**34**|**0**|
|**August**|**2087**|**451**|**341**|**1330**|**336**|**21**|**166**|**26**|**0**|
|**Sept**|**1918**|**519**|**388**|**956**|**364**|**115**|**281**|**50**|**3**|
|**Oct**|**1664**|**569**|**322**|**679**|**156**|**8**|**159**|**62**|**0**|
|**Nov**|**2274**|**626**|**367**|**1665**|**373**|**43**|**137**|**73**|**39**|
|**Dec**|**975**|**277**|**207**|**768**|**444**|**63**|**142**|**17**|**40**|
|**January**|**1227**|**401**|**186**|**829**|**180**|**42**|**125**|**36**|**0**|
|**February**|**926**|**396**|**218**|**878**|**132**|**3**|**137**|**6**|**0**|
|**March**|**1487**|**395**|**337**|**620**|**181**|**22**|**77**|**17**|**0**|
||**20111**|**6290**|**3944**|**11454**|**3016**|**449**|**1766**|**424**|**82**|



This has informed our decision to stop selling electrical items in the shop. 

We now have the full accounts for 2023-24 – do please come and ask if you have any questions or would like more details. 

Helen July 2024 



## **UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 MARCH 2024** 

## **FOR** 

## **THE CUCKOO'S NEST** 

Jane Cooksey Limited 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield 

Oldham Lancashire OL3 7ER 



**THE CUCKOO'S NEST** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

||**Page**|
|---|---|
|**General Information**|1|
|**Accountants' Report and Client Approval Certificate**|2|
|**Detailed Profit and Loss Account**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5|





**THE CUCKOO'S NEST** 

**GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2024** 

## **ADDRESS:** 

## **ACCOUNTANTS:** 

38/40A Peel Street Marsden Huddersfield HD7 6BW 

Jane Cooksey Limited 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER 

Page 1 



**FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 MARCH 2024** 

## **ACCOUNTANTS' REPORT TO** 

## **THE CUCKOO'S NEST** 

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of The Cuckoo's Nest and from information and explanations supplied to us. 

Jane Cooksey Limited 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER 

17 July 2024 

## **CLIENT APPROVAL CERTIFICATE** 

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation. 

17 July 2024 

Page 2 



**THE CUCKOO'S NEST** 

## **DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024** 

|**Income**<br>Sales<br>Donations<br>Fashion show<br>**Other income**<br>Deposit account interest<br>**Expenditure**<br>Rent<br>Rates and water<br>Insurance<br>Light and heat<br>Telephone and postage<br>Tickets, labels & stationery<br>Repairs and renewals<br>Household and cleaning<br>Sundry expenses<br>Volunteer expenses<br>Accountancy<br>Costs for fundraising<br>Donations<br>**Finance costs**<br>Bank charges<br>**Depreciation**<br>Fixtures and fittings<br>Computer equipment<br>**NET PROFIT**|2024<br>£<br>71,949<br>50<br>-<br>10,400<br>489<br>1,346<br>2,623<br>524<br>564<br>1,959<br>1,162<br>743<br>913<br>120<br>-<br>750<br>-<br>-|£<br>71,999<br>202<br>72,201<br>21,593<br>50,608<br>961<br>49,647<br>-<br>49,647|2023<br>£<br>73,488<br>16<br>968<br>10,400<br>767<br>1,390<br>1,241<br>610<br>1,701<br>1,756<br>930<br>765<br>626<br>120<br>259<br>-<br>27<br>7|£<br>74,472<br>34|
|---|---|---|---|---|
|||||74,506<br>20,565|
|||||53,941<br>935|
|||||53,006<br>34|
|||||52,972|



Page 3 



**THE CUCKOO'S NEST** 

## **BALANCE SHEET** 

## **31 MARCH 2024** 

|Notes<br>**CURRENT ASSETS**<br>Intercompany account<br>Bank deposit account<br>Bank account<br>Cash in hand<br>**CURRENT LIABILITIES**<br>Accrued expenses<br>**NET ASSETS**<br>**FINANCED BY**<br>**CAPITAL ACCOUNT**<br>2|2024<br>£<br>135,526<br>20,062<br>27,163<br>90<br>182,841<br>121|£<br>182,720<br>182,720<br>182,720|2023<br>£<br>124,261<br>18,032<br>11,103<br>90<br>153,486<br>360|£<br>153,126|
|---|---|---|---|---|
|||||153,126|
|||||153,126|



Page 4 



**THE CUCKOO'S NEST** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

|1.<br>**TANGIBLE FIXED ASSETS**<br>**COST**<br>At 1 April 2023<br>and 31 March 2024<br>**DEPRECIATION**<br>At 1 April 2023<br>and 31 March 2024<br>**NET BOOK VALUE**<br>At 31 March 2024<br>At 31 March 2023<br>2.<br>**CAPITAL ACCOUNT**<br>Brought forward<br>Add<br>Net profit<br>Less<br>Grants|2024<br>£<br>153,126<br>49,647<br>202,773<br>20,053|Fixtures<br>and<br>fittings<br>£<br>3,175<br>3,175<br>-<br>-<br>£<br>182,720<br>182,720|Computer<br>equipment<br>£<br>3,015<br>3,015<br>-<br>-<br>2023<br>£<br>117,377<br>52,972<br>170,349<br>17,223|Totals<br>£<br>6,190<br>6,190<br>-<br>-<br>£<br>153,126|
|---|---|---|---|---|
|||||153,126|



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