TIDWORTH AND LUDGERSHALL MEN’S SHED Reg No 1179158
TRUSTEES ANNUAL REPORT 1[ST] January 2023 to 31st December 2023
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 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
Normal meetings are held on 4 mornings a week in our shed, which is equipped with a range of woodworking tools.
As well as making wooden items we now make items from leather and one of our members has completed several water-coloured paintings. Our members also repair items brought in by the public. Members undertake their own projects, or make projects for sale. A separate area is available for coffee/tea and a chat. Committee meetings are held monthly where projects are put forward and discussed.
Summary of Main Achievements
We retain strong links to Wiltshire Health and Care NHS who help those in the community who require support and have acquired new members from both of these organisations.
We undertook several projects within our community –a new wooden cover for a large television for a local village hall and repaired a sign post for another village. We also sold produce at village fetes which helped to promote our organisation.
We created our own Facebook page to promote our organisation and to sell items that we create.
Review of Financial Position
The Financial position of the Men’s Shed is relatively healthy. Our Membership is stable about 30 members.
Trustees selection
A committee is elected at the AGM. Members of the committee elect the trustees
Trustees on 31 December 2023
J Hollis (Chairman), K Brasnett (Treasurer), A Ward (Secretary) S Dix (Trustee), MJ Giles (Honorary President)
Tidworth and Ludgershall Men Shed
Summarised accounts for year ending 31st December 2023
INCOME
| INCOME | INCOME |
|---|---|
| MembershipIncome | £324.00 |
| Grants | £3,100.00 |
| Donations for surplus tools/equipment | £430.00 |
| Donations for work done | £605.00 |
| Items sold,includingat Fairs,donated or made byus. | £2,032.52 |
| Interest earnt on Reserve account | £28.72 |
| Total income | £6,520.24 |
| EXPENDITURE | EXPENDITURE | |
|---|---|---|
| Insurance,rates,rent etc. | £1,650.19 | |
| Heat light andpower. | £549.97 | |
| General maintenance | £341.19 | |
| Equipmentpurchase | £288.25 | |
| Development of shed(s) | £461.16 | |
| Purchases for others | £80.00 | |
| Donation | £20.00 | |
| Administration | 0 | |
| Promotion and advertising | 0 | |
| Consumables for equipment | £111.43 | |
| Consumables for things we make for sale | £933.50 | |
| Refund overpayment made by Wiltshire CC | £776.10 | |
| Total Expenditure | £5,211.79 | |
| Opening balance 1st January 2023 £5,529.62 Closing balance 31st December 2023 £4,529.35 Balance in Current Bank Account £4,264.69 Cash in hand £264.66 Outstanding creditors - Repair of roadsign £400.00 Outstanding Debtors A - Electricity £85.00 Outstanding Debtors B - rent overpayment £125.00 Reserve account £4,316.16 Equipment at current value (estimated) £3,750.00 Assets and Liabilities on 31st December 2023 |