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2020-12-31-accounts

PDMS AGM FRIDAY 9[TH] APRIL 2020

CHAIRMANS REPORT

Talking about or Sheds finances and projects from 2020 seems like ancient history – this has been such a strange year.

In the way of AGM’s 2021 will be talked about next year when, hopefully, COVID19 will seem like a bad dream and we will be in our new home at The Bowls Green. Our future is already mapped out.

We are currently renting the Village Hall at Arminghall for storage and we have a lease on the Caretakers Bungalow at Fram High. John Mallot has done sterling work on preparing the bungalow to become a satellite Shed which, when things settle, will also became an intergenerational project with pupils from Fram High,

The Bowling Green project has been progressing slowly behind the scenes. Approval has been given for us to lease the land and build upon it by all interested parties, including Fields in Trust, Memorial Field Trust and the Parish Council. Unfortunately the lease agreement is taking longer to prepare then expected which is delaying matters. I am absolutely confident that we will get a lease at a peppercorn rent for 21 years renewable. I am in discussions with SNC and Anglian Water over planning permissions and connection to the mains. Meanwhile, we can continue operating from The Barn and The Bungalow.

During this year several projects have been progressed including the mini Golf Sets. The care home staff have recently told me that they are now able to accept them and that the room that was being prepared for the miniature railway is ready – but the room in which it was stored has been flooded and it is not known whether any damage was done – visually it doesn’t appear so.

The Telephone Kiosk near the church was converted into a defibrillator point and we built a fantastic Santa’s Sleigh for Poringland PC. When I say ‘we’ – the TK was mainly converted by Peter Samain and the Sleigh was built mainly by John Mallot. Both have been a great success and are great examples of what is being done for our community by our Shed project.

Thanks’ must be given to our Trustees, without whom our Shed wouldn’t work. A great deal goes on behind the scenes which is perhaps not recognised enough and so thank you to you all, but in particular to Roy Burson, for the way in which he keeps our finances on track, and to Steve Dowell for all he does with our communications and website.

To sum up – our future is bright – we have solid plans to build upon – we are solvent and we can look forward with confidence.

Henry Gowman

Chair of Poringland and District Men’s Shed

Poringland and District Mens Shed 1171564 Receipts and payments accounts CC16a Period start date Period end date For the period To Member from 01/01/2020 31/12/2020

Section A Receipts and payments

Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
Member
Poringland and District Mens Shed
1171564
CC16a
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01/01/2020
31/12/2020
CC16a
Section A Receipts andpayments
Receipts Unrestricted
funds
to the nearest £
Restricted
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
Members Donations 1,273 1,273
Virgin MoneyHMRC etc 1,789 1,789
Other Donations 1,149 1,149
Grants and Awards 12,774 12,774
Income from Projects 1,700 1,700
Boot Sales and Fetes 188 188
Sub total (Gross income for AR) 18,873 18,873
Asset and investment sales
Sale of assets
Sale of investments
Sub total
Total receipts 18,873 18,873
Payments
Rent Heat Elec & Insurance 5,897 5,897
Office and Admin 51 51
Comestibles and trips 40 40
Materials & Consumables 152 152
Specific Project Spend 1,385 1,385
Small Tools < £25 22 22
Clarion Futures Tools 501 501
Covid Specific Spend 391 391
Sub total 8,438 8,438
Asset and investment purchases
Hand and power Tools (>£25)
Workshop machines
Sub total
Total payments 8,438 8,438
Net of receipts/(payments) 10,435 10,435
Transfers between funds
Cash funds last year end 11,211 11,211 11,211
Cash funds this year end 21,646 21,646 11,211

Section B Statement of assets and liabilities at the end of the period

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Cash funds
Unrestricted
funds
to nearest £
Restricted
funds
to nearest £
Total current
Period
to the nearest £
Last year
to the nearest £
Current account 11,646 11,624 10,894
Deposit account 10,000 10,000
Cash 21 316
Total cash funds 21,646 21,646 11,211
(agree balances with receipts and payments
account(s))
OK OK OK OK
Other monetary assets
Stocks/goods for sale
Debtors
Investment assets
Assets retained for the Shed’s
own use
240 volt Hand tools 115 115
240 volt Bench Tools 290 290
Cordless Tools 1,224 1,224
Large Tools 780 780
Electrical Items 829 829
Other Items 175
110 Volt Equipment 50 50
3,463
Liabilities
Trade creditors
Accrued expenses
g
y
behalf of all the trustees
Signature PrintName Date of approval