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2023-02-28-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES

Annual Report for the period From: 1/03/22 Period start date To: 28/2/23 Period end date

Charity name: Kingsbridge & District Mens Shed

Charity registered number: 1186277

Objectives and Activities

Our Men’s Shed is a community space for men and women to connect, converse and create. The activities are often similar to those of garden sheds, but for groups of mostly men to enjoy together. It helps reduce loneliness and isolation, but most importantly, it’s fun.

Our Shed is run by the men that use it in a bottom-up approach. This model brings about stronger feelings of fulfilment and achievement in the men that develop it, and leads to better sustainability as we didn’t start with a large cash injection.

Established in 2016 premises were not obtained until with the help of a local benefactor a purpose built shed was made available. This occurred in 2019 when the Charity was registered with the Charity Commission.

Fitting out the Shed started in continued in 2023

We have acquired new members from all over our district, who come by bike, train and car and are very enthusiastically building projects and renovating

We have continued our work for the local community while continuing with the fitting out and acquisition of equipment.

We have carried out work for Theatres, our local hospital and other charitable groups.

Kingsbridge Mens Shed is registered with three local general practices and the local District Council’s Mobility and Support department

The Shed is open two afternoons a week and as numbers wishing to attend increase more openings will occur providing we can appoint suitable session leaders.

We receive some income from manufacturing and refurbishing various items, from subscriptions and continue to explore other sources of income.

2023 should see the Shed consolidating its achievements and expanding its activities as the facilities it offers become better known.

Names of the trustees who manage the charity

Alan Kirk Chairman

Malcolm Short Treasurer & Secretary

INCOME 1/3/22 to 28/2/23 Grants Donations Contributions Contributions
Sales
Other Subscriptions Fee refund
Sheet no. : b/f
79 240.00
81 500.00 394.00 50.00 55.00
82 545.00 30.00
83 417.00 105.00
84
85 350.00 35.00
86 678.00
87 20.00
88 30.00
89 226.00 60.00
90
91 213.00 35.00
92 74.21 -25.00
93 425.19 35.00 75.00
94 75.25
95 35.00
97 379.56
98 18.2
99 140.00
101 2570.00 250.00 18.20
102
Total 3070.00 0.00 0.00 0.00 4352.21 121.40 510.00 0.00 0.00 0.00
EXPENDITURE 1/3/22 to 28/2/23
Sheet no./ Date Materials Equipment Stationery Utilities Mntnce+Fitting Services Subscriptions Insurance Advertising Training
79 7.24 174.72
81 387.36 13.29 150.00
82 192.16 35.99 36.53
83 38.06 81.49

1

84 10.00 19.27
85 362.02
86 -0.45
87 250.39 25.00 30.00 366.00
88 398.87
89 190.24 16.22 48.00
90 8.78
91 26.91 33.49 36.12 89.80
92 130.62
93 358.25 87.90 32.46
94
95 164.45 38.00
97 382.75 24.05 388.00
98
99 28.69 480.36 107.09
101 247.01 22.97 31.50
102 40.06
Totals 3174.57 819.60 8.78 516.91 0.00 48.00 30.00 366.00 89.80 538.00
Fixed assets 360.00
Small tools 459.60
Income 8053.61
Exp 5303.62
Dep 403
ST 5706.62

2

Account at 2812123 2346.99

Sub total Sub total Comment
4607.38 Statement Balance
240.00 79
4660.42
999.00 81
5108.77
575.00 82
5413.29
522.00 83
5810.74
0.00 84
5781.47
385.00 85
5804.45
678.00 86
6477.90
20.00 87
5812.83
30.00 88
5443.96
286.00 89
5475.50
0.00 90
5461.72
248.00 91
5523.40
49.21 92
5436.99
535.19 AK own use 93
5488.57
75.25 94
5563.82
35.00 95
5390.49
379.56 97
4970.25
18.20 98
4988.45
140.00 99
4506.51
2838.20 101
7037.43
0.00 102
6997.37
0.00 12660.99
In Yellow if complete & Balanced
Bank Chgs Sub total
5.00 186.96
550.65 Fixed Assets
5.80 270.48
5.00 124.55 b/f 2013

4

29.27
362.02 Extraction 360
5.00 4.55
13.68 685.07 Deporecia t
403
398.87
254.46 c/f 1970
5.00 13.78
186.32
5.00 135.62
5.00 483.61
0.00
5.88 208.33
5.00 799.80
0.00
5.80 621.94
5.80 307.28
40.06
71.96 5663.62
Account balance
6997.37

5

KINGSBRIDGE & DISTRICT MENS KINGSBRIDGE & DISTRICT MENS KINGSBRIDGE & DISTRICT MENS KINGSBRIDGE & DISTRICT MENS KINGSBRIDGE & DISTRICT MENS KINGSBRIDGE & DISTRICT MENS KINGSBRIDGE & DISTRICT MENS
Accounts for Period 1/3/22 to 28/2/23
Receipts & Payments 22/23 21/22
Notes £ £
Receipts Grants 3,070 0
Donations 0 185
Contributions 0 331
Subscriptions 480 300
Sales 4,352 1,450
Misc 121 0
Total Receipts 8,024 2,266
Payments Materials 6 3,634 1,991
Fitting& Maintenance 0 0
Services 48 105
Utilities 517 258
Insurance 366 378
Stationary 9 10
Subscriptions 0 24
Depreciation 403 503
Bank Charges 72 11
Advertising 90 0
Training 538 0
Total Payments 5,677 3,280
Surplus/Defecit 2,347 -1,014
1 All receipts are unrestricted andgrants are funds fromgovernment and
localpublic organisations
2 Donations are receipts from local companies and individuals
3 Contributions represent the charges made to community projects
4 Subscriptions are funds received from the membership
5 Sales are receipts for items either refurbished or manufactured and sold
6 Materials includes raw materialsplus £377 of equipment not listed under a
7 Expenditure on equipment was £120 which is depreciated 20% on a straigh
line basis. The figure for depreciation includesprioryears
8 Thepolicy for holding reserves stems from the need to :-
A) Fund working capital

KINGSBRIDGE & DISTRICT MENS S

1

B) Fund unexpected expenditure when unplanned events occur C) Fund shortfalls in income.

2

KINGSBRIDGE & DISTRICT MENS SHED KINGSBRIDGE & DISTRICT MENS SHED KINGSBRIDGE & DISTRICT MENS SHED KINGSBRIDGE & DISTRICT MENS SHED KINGSBRIDGE & DISTRICT MENS SHED KINGSBRIDGE & DISTRICT MENS SHED
Statement of Assets & Liabilities
2/28/23 2/28/22
Notes £ £
Assets Current assets
Current account 7,037
4,607
Fixed assets
Equipment 1,970
2,013
Total assets 9,007
6,620
Liabilities 0
TOTAL NET ASSETS 9,007
6,620
Reserves b/f 6,620
7,634
Surplus/Deficit 2,347
-1,014
TOTAL RESERVES 8 8,967
6,620
NOTES
1 All receipts are unrestricted andgrants are funds fromgovernment and
localpublic organisations
2 Donations are receipts from local companies and individuals
3 Contributions represent the charges made to community projects
4 Subscriptions are funds received from the membership
5 Sales are receipts for items either refurbished or manufactured and sold
6 Materials includes raw materialsplus £377 of equipment not listed under ass
7 Expenditure on equipment was £380 which will depreciate 20% on a straight
line basis. The figure for depreciation includesprioryears
8 Thepolicy for holding reserves stems from the need to :-
A) Fund working capital
B) Fund unexpected expenditure when unplanned events occur
C) Fund shortfalls in income.
Malcolm Short Alan Kirk
28th February 2023

KINGSBRIDGE & DISTRICT MENS SHED

1

Treasurer & Trustee Chairman & Trustee

2/28/21 £ 5,238 2,396 7,634 0 7,634 9,409 -1,775 7,634

D

3