Tidworth and Ludgershall Men's Shed
Summarised accounts for financial year ending 31st December 2021
| Net Income and expenditure by Category in 2021 | Net Income and expenditure by Category in 2021 | ||
|---|---|---|---|
| INCOME | |||
| 1 | MembershipIncome | £144.00 | |
| 2 | Grants | £2,172.70 | |
| 3 | Donations for surplus tools/equipment | £134.00 | |
| 4 | Donations for work done | £100.00 | |
| 5 | Items sold,includingat Fairs,donated or made byus. | £994.00 | |
| Total Net Income | £3,544.70 | ||
| EXPENDITURE | £645.56 | ||
| 10 | Insurance,rates,rent etc. | ||
| 11 | Electricityand broadband | £575.92 | |
| 12 | General maintenance | £415.69 | |
| 13 | Equipmentpurchase | £1,980.11 | |
| 14 | Development of shed(s) | £0.00 | |
| 15 | Purchases for others | £0.00 | |
| 16 | Donation | £0.00 | |
| 17 | Administation | £44.83 | |
| 18 | Promotion and advertising | £25.00 | |
| 19 | Consumables for equipment | £114.15 | |
| 20 | Consumables for things we make for sale | £291.86 | |
| Total net expenditure | £4,093.12 | ||
| opening balance 1st January 2021 Closing balance 31st December 2021 Assets on 31st December 2021 Balance in Current Bank Account Cash in hand Outstanding creditors Outstanding Debtors Reserve account Equipment at current value (estimated) |
£2,040.55 £1,492.14 £1,327.73 £164.41 £0.00 £66.04 £2,001.20 £2,750.00 |
TIDWORTH AND LUDGERSHALL MENS SHED Reg No 1179158
TRUSTEES ANNUAL REPORT 1[st] January 2021 to 31[st] December 2021
Summary of purpose
To promote the preservation and protection of men and women’s good health and is fully inclusive of all individuals irrespective of their circumstances. For the public benefit, in particular but not for those who are retired or have health problems, through the provision of facilities for hobbies, recreation or other leisure time occupations including practical interests skill sharing, the learning of new skills and helping with other community based projects.
Meetings.
Normally meetings are held on 3 mornings a week in our Shed, which is equipped with a range of tools. Members undertake their own projects, or make products for sale. A separate area is available for a coffee and a chat. However, during the year, we were closed for long periods due to Covid and a predominantly vulnerable membership. During this period, we operated weekly Zoom calls to keep in touch and ensure our members were OK.
Summary of main achievements
The long period of not holding meetings was used as an opportunity to make improvements to the layout and wiring in the workshop.
We established good working relationships with two organisations, Wiltshire Health and Care NHS who help those in the community who require support.
Due to Covid we were unable to undertake many projects in the community but did manage to produce items for sale at local fetes. Attending the Fetes also helps to promote our organisation and its aims.
Review of financial position
The financial position of the men’s shed is relatively healthy although this strange year has limited our income producing a deficit that we hope to reverse next year.
To allow for unforeseen circumstances, which could include in the unlikely event having to wind up the organisation, we hold a small reserve.
Trustees’ selection.
A committee is elected at the AGM. Members of the committee elect the trustees
Trustees on 31[st] December 2021
J Hollis (Chairman) , K Brasnett (Treasurer) , S Dix(Secretary) ,