Bodmin & District Woodturners CIO Income and expenditure Accounts for the Year ending 31st October 2025
Proposed Budget 2026
|INCOME
§Subscriptions
Sales|£
£|2023
1,983
£
782
£||£
£|2024
2,100
£
1,277
£|2025
2,660
£
1,337
£
~~[|~~|2025
2,660
£
1,337
£
~~[|~~|2025
2,660
£
1,337
£
~~[|~~|2025
2,660
£
1,337
£
~~[|~~||Sales
Other income
B&DWT INCOME - 2025|Sales
Other income
B&DWT INCOME - 2025|INCOME
Subscriptions
Sales|no AWGB
membership
2,280
£
1,200
£
~~|~~|no AWGB
membership
2,280
£
1,200
£
~~|~~|no AWGB
membership
2,280
£
1,200
£
~~|~~|with AWGB
membership
2,660
£
1,200
£
~~Ld~~|with AWGB
membership
2,660
£
1,200
£
~~Ld~~|with AWGB
membership
2,660
£
1,200
£
~~Ld~~|with AWGB
membership
2,660
£
1,200
£
~~Ld~~||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Other income
AWGB and WCT Grants
Donations|£
£
£|-
£
300
£
136
£||£
£
£|-
£
650
£
2,158
£||£
£
£|835
£
350
£
335
£||||AWGB and WCT
Grants
Donations|Gift Aid
AWGB and WCT Grants
Craft Fairs||£
£
£|669
£
-
£
330
£||£
£
£|588
£
350
£
330
£||2 years gift aid @25% of subs assuming 75% are uk tax payers
no grant if we leave AWGB
assuming we hold a craft fair in 2026|
|Craft Fairs|£|335
£||£|17
£||£|330
£||||Craft Fairs|Tea Money||£|-
£||£|100
£||assuming nothing changes re subs|
|Tea Money|£|2
£||£|39
£||£|112
£|||||Bank Interest||£|5
£||£|5
£|||
|Sale ofsurplus kit
Insurance|£
£|425
£
105
£||£
£|-
£
105
£||£
£|110
£
105
£||||Tea Money
Sale ofsurplus kit
Insurance|Other Income
Donations||£
£|-
£
-
£||£
£|-
£
-
£|||
|Bankinterest|£|-
£||£|-
£||£|5
£|||Bankinterest||Sale of Surplus Kit||£|-
£||£|-
£|||
|Easy fundraising|£|-
£||£|-
£||£|-
£|||§Subscriptions||Insurance||£|-
£||£|-
£|||
|± Gift Aid|£|276
£||£|564
£||£|-
£|||||Easy Fundraising||£|-
£||£|-
£|||
|Total income|£|3,866
£||£|5,854
£||£|6,178
£|||||||£|4,484
£||£|5,233
£|||
|EXPENDITURE
Premises|£|938
£||£|1,216
£||£|1,302
£|||B&DWT EXPENDITURE - 2024||EXPENDITURE
Premises||£|1,376
£||£|1,376
£||assuming 10% increase in rent (inc Craft Fair)|
|Equipment maintenance
Cost of sales|£
£|168
£
478
£||£
£|2,097
£
1,056
£||£
£|1,272
£
1,254
£|||Subs to AWGB
Demonstration||Cost of Sales
Subs to AWGB||£
£|1,000
£
-
£||£
£|1,000
£
875
£|||
|Subs to AWGB|£|593
£||£|620
£||£|875
£||||Other expenditure|Demonstration||£|800
£||£|800
£|||
|Demonstration|£|408
£||£|330
£||£|790
£|||||Insurance||£|300
£||£|300
£|||
|Other expenditure|£|17
£||£|34
£||£|432
£||Cost of sales||Insurance
Bank charges|Equipment Maintenance||£|100
£||£|100
£|||
|Insurance|£|254
£||£|298
£||£|260
£|||||Tea Money||£|100
£||£|100
£|||
|Bank charges|£|91
£||£|63
£||£|60
£||||Tea money|Bank Charges||£|60
£||£|60
£|||
|Tea money|£|34
£||£|-
£||£|50
£|||||Shows||£|-
£||£|-
£|||
|Website|£|362
£||£|36
£||£|-
£|||||Training course given||£|-
£||£|-
£|||
|Training course given|£|105
£||£|112
£||£|-
£|||||Website||£|-
£||£|-
£|||
|Shows|£|157
£||£|-
£||£|-
£||||Premises|Other expenditure||£|-
£||£|-
£|||
|Total expenditure|£|3,127
£||£|4,806
£||£|6,295
£|||Equipment
maintenance||||£|3,736
£||£|4,611
£|||
|~ Surplus for the year|£|739
£||£|1,048
£||£|(118)
£||||||||||||||
||||||||||||||Surplus||£|748
£||£|621
£|||
|Brought Forward|£|2,311
£||£|3,050
£||£|4,098
£||Note on the Accounts:|Note on the Accounts:|||||||||||
|||||||||||~ The club recorded a modest deficit of £118 for the financial year. This shortfall is attributable to||||||||||||
|Surplus carried forward|£|3,050
£||£|4,098
£||£|3,980
£||the capital expenditure on two new lathes, representing a planned investment in the club’s||||||||||||
|||||||||||equipment and long-term development.||||||||||||
|||||||||||Premises costs, including rent and associated overheads, continue to account for the largest||Premises costs, including rent and associated overheads, continue to account for the largest||||||||||
|Represented by:||||||||||proportion of annual expenditure. These costs remain broadly consistent with prior years and
reflect the essential requirement of maintaining appropriate facilities for members.||||||||||||
|Trustee Savings Bank
CAFBank|£
£|961
£
1,125
£||£
£|920
£
2,199
£||£
£|920
£
1,539
£||§ Subscriptions remain the principal source of income for the club and continue to provide a
stable financial foundation. Although a small deficit has been recorded, the club retains a strong||||||||||||
|Petty cash
Sub total|£
£|130
£
2,216
£||£
£|327
£
3,446
£||£
£|196
£
2,655
£||and healthy bank balance, ensuring sufficient reserves to support future activities, ongoing
maintenance, and the continuing benefit of all members.||||||||||||
|Stocks|£|834
£||£|1,297
£||£|1,325
£||± Gift Aid was not claimed from HMRC during 2025; however a claim will be submitted in 2026 and||± Gift Aid was not claimed from HMRC during 2025; however a claim will be submitted in 2026 and||||||||||
|Plus sums due to members
Surplus carried forward|£
£|-
£
3,050
£||£
£|(645)
£
4,098
£||£
£|-
£
3,980
£||is expected to provide additional funds of £ in 2026, further strengthening the club’s financial
position|is expected to provide additional funds of £ in 2026, further strengthening the club’s financial|||||||||||