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2025-12-31-accounts

Report by Trustees of the Fareham Men’s Shed February 2026

Trustees Annual Report & Accounts for the year to 31[st] December 2025

Registered Charity number 1178126

The annual report by the Trustees of Fareham Men’s Shed (FMS) presented to the Annual General Meeting on Tuesday 24 February 2026 by Chris Hodgson (Chairman).

The Trustees are pleased to provide this report together with a financial statement of our charity for the year ended 31 December 2025. The statements have been drawn up in accordance with the recommendations of the Charity Commission.

Governing Document

The Fareham Men’s Shed is a registered charity, number 1178126. The FMS is a Charitable Incorporated Organisation (CIO) and is governed by its Constitution and Rules.

Trustees

The Trustees manage the day to day running of the charity. The rules of the FMS allow for the stepping down of one third of the trustees annually, returning and new nominations are approved at the AGM.

Trustees & Committee as at 31 December 2025

Chairman: Christopher Hodgson Recycling Manager: Rod Parker Vice Chairman: John Camfield Public Relations: Mick Foster Secretary: Peter Childs Sales: Richard Bunce Treasurer: Cliff Jones Health & Safety: Christopher Carter Membership Secretary: Chris Nixon I.T.: John Rawlinson Workshop Manager: Colin Foskett Social Secretary: John Peterkin Deputy Workshop Manager: Chris Lane Project Co-ordinator: Brian McCarthy

Address of the Fareham Men’s Shed

73 St Margaret’s Lane, Titchfield, Fareham, Hampshire PO14 4BG (within Titchfield Festival Theatre)

Bankers – Lloyds Bank, 43 West Street, Fareham, PO16 0BE

Purpose of the charity is to:-

Organisation:-

Charity Status

Fareham Men’s Shed became a Charitable Incorporated Organisation (C.l.O.) in 2018 to give more flexibility and opportunities in the running of the shed and reducing risks to the Trustees in carrying out their management responsibilities.

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Report by Trustees of the Fareham Men’s Shed February 2026

General Report

2025 gave members plenty of opportunities to get involved in practical and social pastimes.

Many projects were completed and the monthly social gatherings in a larger venue proved very popular with varied and interesting talks and social activities.

As always space became an issue again, so we have expanded our potential by leasing a shipping container nearby.

With 26 new members joining throughout the year our membership has grown to 95.

It has been another busy year, where we were able to showcase ourselves and the items made by our Shedders.

Members were kept up to date by way of monthly SOGs newsletters.

The monthly meeting venue at Catisfield Memorial Hall has proved to be a highlight each month. Not only are we able to accommodate many more members in a single gathering, it is a chance to meet other members, share stories, make new members welcome etc. We often have speakers from interesting walks of life, talks on men’s health, presentations and quizzes, to mention just a few.

Men’s Health and well being

The most important aspect of our Shed is Men’s Health and Wellbeing

Just chatting amongst members over a coffee can get you to open up and sometimes get reassurance that you are not alone

We have a section on our web page devoted to this and we hope that you all visit it regularly. It gives useful information and advice on many health issues, but at the end of the day if you have concerns about your health contact your doctors surgery or dial 111. ….. DO NOT PUT IT OFF! Early diagnoses means more options on treatment and a faster recovery!

During the year curry evenings and pub lunches have become very popular with members. With so many Pubs offering value for money lunches we choose a different one each time.

Membership

Our membership had grown to 95 by 31[st] December 2025. This number includes 26 new members joining during the year.

The forthcoming year 2026

Our search to find a site and to build our own purpose built Men’s Shed continues At the time of writing we are in discussion with Fareham Borough Council on the possible lease of a plot,

You can see by the accounts that we are saving hard but to fulfil our ambitions we are going to have to dig deep into our pockets. We are seeking pledges from members to donate what they can afford to help funding. Money will not be required for some time but it would show the council the support we have from our members and how serious and determined we are!

We have already got the main showcase events for the year on the calendar.

Our SOGs are continually looking for people and organisations to give us talks and new ideas.. Visits to local places of interest, lunches, socials and workshop projects should keep all busy! We encourage Shedders to get involved in projects

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Report by Trustees of the Fareham Men’s Shed February 2026

Financial policy and risk management

We continue to budget with care, and we monitor our cash flow.

Reserves are held for future development of the charity's equipment and more importantly, our own purpose built premises.

We have no major fixed assets, so we have no risk of loss or depreciation.

Risk from public liability is covered by insurance.

The accounts are operated on a Receipts and Payments basis throughout the year and are summarised in this report as at 31[st] December 2025.

All expenditure is approved by trustees at monthly meetings.

Training – all Shedders wishing to use the workshop machinery must undertake ‘first time’ and ‘refresher’ training.

Our medium to long term plan is to have our own purpose built premises. With this in mind we have made better use of our savings, gaining banking interest using fixed term and instant access accounts.

Financial position 2025

We are in a healthy position going forward saving hard for the initial costs of a future purpose built workshop and social facility. We expect our level of income and running costs to remain similar to those of 2025.

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Report by Trustees of the Fareham Men’s Shed February 2026

Independent Examiner’s Report to the Trustees of The Fareham Men’s Shed (FMS)

I have examined the accounts and supporting documents of the FMS for the year ended 31 December 2025, a summary of which is shown below.

I have no concerns and confirm that the summary is a true reflection of receipts and payments during the year.

Stuart Rowe - Independent checker Dated 5 February 2026

Fareham Men's Shed Summary Account 2025

RECEIPTS
2025
2024
£
£
Membership fees
5,600.00
5,319.00
Bank Interest:-
1,374.35
748.74
HMRC Gift Aid
196.72
0.00
(HCC Grant - Tools - 2024)
0.00
600.00
Donated items/material sold:-
7,078.63
7,769.26
Events - items made/sold
1,387.95
1,631.90
Donations Received,
Project etc.
428.87
754.24
Other:-
1,129.62
1,351.73
TOTAL INCOME
17,196.14
18,174.87		 RECEIPTS
2025
2024
£
£
Membership fees
5,600.00
5,319.00
Bank Interest:-
1,374.35
748.74
HMRC Gift Aid
196.72
0.00
(HCC Grant - Tools - 2024)
0.00
600.00
Donated items/material sold:-
7,078.63
7,769.26
Events - items made/sold
1,387.95
1,631.90
Donations Received,
Project etc.
428.87
754.24
Other:-
1,129.62
1,351.73
TOTAL INCOME
17,196.14
18,174.87		 PAYMENTS
Shed Running Costs:-
Rent, hall hires
Insurance
Other:
Equipment
Social Events
Miscellaneous:-		 2025
£
£
3,674.76
442.56
1,557.05
5,674.37
742.81
527.00
124.03		 2024
£
2,558.00
420.48
892.55
2,080.01
802.48
668.00
Events - items made/sold
1,387.95
Donations Received,
Project etc.
428.87
Other:-
1,129.62		 1,631.90
754.24
1,351.73
TOTAL INCOME
17,196.14		 18,174.87 TOTAL EXPENDITURE 7,068.21 7,421.52

Note - Paid in advance re 2026 = £ 29.63

Fund Summary for 2025
£
Fund brought forward from 2024 52,630.68
Total Net Receipts 17,196.14
Less - Total Net Payments -7,068.21
Funds currently 2025 62,758.61

Accounts prepared by FMS Treasurer - Cliff Jones Dated … 14 January 2026

Independent Checker - Mr Stuart Rowe Dated ... 5 February 2026

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