Cuckoo’s Nest AGM
July 2025
Chair’s AGM Address 2025
Good evening, I am Clare one of the co-chairs of The Cuckoo's Nest. On behalf of myself and Kim, our other co-chair, I would like to start by thanking everyone for coming this evening and take this opportunity to publicly thank all our volunteers for their continued efforts and hard work. Without our volunteers wouldn't be able to function as we do and raise money to give back to the community. Our volunteers work tirelessly behind the scenes dealing with donations of clothes, toys, books and brica-brac getting them ready for sale in the shops. So, if you have a couple of hours spare a week and would like to help us continue to help you please have a chat with one of us this evening, or pop into the shop!
So, this year it's been another tough twelve months, not just for us but for every business in Marsden, as footfall and trade within the village continues to fall. We have seen a drop in income through our shops, and I know it's being felt in other shops and businesses within the village, so I would like to thank all our customers for their continued support. If people didn't buy from our shops we would not be able to give out our bi-annual grants to help support local not for profit groups, clubs and organisations, so thank you for helping us make a difference in our community.
I would now like to pass over to our Treasurer for her report...
Clare Ackroyd
This is an overview of our income and expenses over the past year 2034-25:
| 2024-25 | 2023 – 24 | 22-23 | 21-22 | |
|---|---|---|---|---|
| Bookshop sales | 16430.24 | 20085.68 | 19397 | 13009 |
| Top shop sales | 33829.30 | 49364.81 | 54090 | 43232 |
| Donatons, | ||||
| recycling etc | 889.33 | 2079.70 | 2516 | 3393 |
| TOTAL INCOME | 51148.87 | 71530.19 | 76003 | 59634 |
| Expenses | 21753.64 | 23494.83 | 22414.65 | 24817.55 |
| Community and | ||||
| other grants | 17697.05 | 20052.74 | 17223 | 9470.29 |
| no of local groups | ||||
| supported | 23 | 23 | 17 | 15 |
As you will see, the top shop income is down on the previous year. This is mostly due to the fact that we have had to close the shops on Tuesdays, but to a shortage of volunteers. We also receive considerably less for our recycling from Colltex (who collect recycling from us).
The bookshop income is helped by selling on books that we haven’t sold to companies such as World of Books – thanks to everyone for the time that this takes. We also take items to the Sheffield Auction House for them to sell on our behalf.
We have taken a number of steps to reduce our expenditure, which should show results in the current financial year:
-
we have stopped our contract with BT and now use a mobile phone for the shop
-
we have purchased card readers for both shops, which initially has increased expense, but will save us almost £500 a year
-
we are looking at reducing our recycling waste collections
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Income and expenditure
80000
70000
60000
50000
40000
30000
20000
10000
0
24-25 23-24 22-23 21-22
TOTAL INCOME Expenses
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Where does the money come from? We look at the different categories we sell in the shop, and in the 2024-5 year this was:
| 24-25 | LADIES | GENT S |
CHILDR EN |
BRIC- A- BRAC |
TOY S |
DON | LINE N |
TOTA L |
|---|---|---|---|---|---|---|---|---|
| Apr- June |
4489.5 | 1152 | 805.6 | 1975.0 4 |
501.8 5 |
156.8 5 |
365.5 5 |
9446.3 9 |
| Jul- Sept |
4965.6 9 |
1278.3 5 |
581.65 | 1886.7 | 184.7 5 |
38.72 | 266 | 9201.8 6 |
| Oct- Dec |
4405.1 | 1187.7 8 |
689.3 | 1805.5 | 45.8 | 122.0 9 |
140.0 5 |
8395.6 2 |
| Jan- Mar |
3210.9 1 |
917.7 | 435.85 | 1520.2 | 65.1 | 45.15 | 145.8 | 6340.7 1 |
| TOTAL | 17071. 2 |
4535.8 3 |
2512.4 | 7187.4 4 |
797.5 | 362.8 1 |
917.4 | 33384. 6 |
We are currently waiting for the full accounts for 2024-25.
If you let me have any questions, I will be happy to get back to you.
Helen July 2025 treasurer@cuckoosnestmarsden.org.uk
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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 2025
| Page | |
|---|---|
| General Information | 1 |
| Detailed Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
THE CUCKOO'S NEST
GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2025
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
THE CUCKOO'S NEST
DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
| Income Sales Donations Other income Deposit account interest Expenditure Rent Rates and water Insurance Light and heat Website Telephone and postage Tickets, labels & stationery Repairs and renewals Household and cleaning Sundry expenses Volunteer expenses Accountancy Donations Finance costs Bank charges NET PROFIT |
2025 £ 50,727 - 10,400 613 1,363 1,718 60 1,125 1,108 1,106 1,787 593 768 120 1,000 |
£ 50,727 228 50,955 21,761 29,194 745 28,449 |
2024 £ 71,949 50 10,400 489 1,346 2,623 - 524 564 1,959 1,162 743 913 120 750 |
£ 71,999 202 |
|---|---|---|---|---|
| 72,201 21,593 |
||||
| 50,608 961 |
||||
| 49,647 |
Page 2
THE CUCKOO'S NEST
BALANCE SHEET
31 MARCH 2025
| Notes CURRENT ASSETS Intercompany account Bank deposit account Bank account Cash in hand CURRENT LIABILITIES Accrued expenses NET ASSETS FINANCED BY CAPITAL ACCOUNT 2 |
2025 143,176 20,951 29,379 1,086 194,592 120 |
£ 194,472 194,472 194,472 |
2024 £ 135,526 20,062 27,163 90 182,841 121 |
£ 182,720 |
|---|---|---|---|---|
| 182,720 | ||||
| 182,720 |
Page 3
THE CUCKOO'S NEST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| 1. TANGIBLE FIXED ASSETS COST At 1 April 2024 and 31 March 2025 DEPRECIATION At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 2. CAPITAL ACCOUNT Brought forward Add Net profit Less Grants |
2025 £ 182,720 28,449 211,169 16,697 |
Fixtures and fittings £ 3,175 3,175 - - £ 194,472 194,472 |
Computer equipment £ 3,015 3,015 - - 2024 £ - 49,647 49,647 20,053 |
Totals £ 6,190 6,190 - - £ 29,594 |
|---|---|---|---|---|
| 29,594 |
Page 4
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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 2025
| Page | |
|---|---|
| General Information | 1 |
| Detailed Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
THE CUCKOO'S NEST
GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2025
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
THE CUCKOO'S NEST
DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
| Income Sales Donations Other income Deposit account interest Expenditure Rent Rates and water Insurance Light and heat Website Telephone and postage Tickets, labels & stationery Repairs and renewals Household and cleaning Sundry expenses Volunteer expenses Accountancy Donations Finance costs Bank charges NET PROFIT |
2025 £ 50,727 - 10,400 613 1,363 1,718 60 1,125 1,108 1,106 1,787 593 768 120 1,000 |
£ 50,727 228 50,955 21,761 29,194 745 28,449 |
2024 £ 71,949 50 10,400 489 1,346 2,623 - 524 564 1,959 1,162 743 913 120 750 |
£ 71,999 202 |
|---|---|---|---|---|
| 72,201 21,593 |
||||
| 50,608 961 |
||||
| 49,647 |
Page 2
THE CUCKOO'S NEST
BALANCE SHEET
31 MARCH 2025
| Notes CURRENT ASSETS Intercompany account Bank deposit account Bank account Cash in hand CURRENT LIABILITIES Accrued expenses NET ASSETS FINANCED BY CAPITAL ACCOUNT 2 |
2025 143,176 20,951 29,379 1,086 194,592 120 |
£ 194,472 194,472 194,472 |
2024 £ 135,526 20,062 27,163 90 182,841 121 |
£ 182,720 |
|---|---|---|---|---|
| 182,720 | ||||
| 182,720 |
Page 3
THE CUCKOO'S NEST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| 1. TANGIBLE FIXED ASSETS COST At 1 April 2024 and 31 March 2025 DEPRECIATION At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 2. CAPITAL ACCOUNT Brought forward Add Net profit Less Grants |
2025 £ 182,720 28,449 211,169 16,697 |
Fixtures and fittings £ 3,175 3,175 - - £ 194,472 194,472 |
Computer equipment £ 3,015 3,015 - - 2024 £ - 49,647 49,647 20,053 |
Totals £ 6,190 6,190 - - £ 29,594 |
|---|---|---|---|---|
| 29,594 |
Page 4