2025-02-28-accounts - Kingsbridge & District Mens Shed

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CHARITY COMMISSION FOR ENGLAND AND WALES

Annual Report for the period:-

From: 1/03/24 Period start date To: 28/2/25 Period end date

Charity name: Kingsbridge & District Mens Shed Charity registered number: 1186277

Kingsbridge Men’s Shed – Annual Report 2024–2025

About Us

Kingsbridge Men’s Shed is a welcoming community space where men and women can connect, converse, and create. Activities often mirror those of traditional garden sheds — practical, hands-on, and social — but carried out in a supportive group environment. Our aim is to reduce loneliness and isolation while promoting friendship, purpose, and fun.

Our Approach

The Shed is managed by its members using a bottom-up model that encourages ownership, fulfilment, and shared responsibility. This approach not only builds confidence and community spirit but also ensures long-term sustainability. We have grown gradually through commitment and collaboration rather than through large initial funding.

Our Journey

Established in 2016, the Shed initially operated without dedicated premises. In 2019, with the support of a generous local benefactor, a purpose-built shed was made available. This milestone coincided with our registration as a charity with the Charity Commission.

In 2024, we completed an extension to the Shed, providing additional workspace and allowing more members to participate each day. This development has strengthened our ability to deliver meaningful projects and welcome new members from across the district.

Our Members and Activities

Membership continues to grow steadily, attracting people of all backgrounds who travel by bike, bus, or car to take part in projects and social activities. Members have undertaken a wide variety of initiatives, including:

Building and refurbishment projects for local theatres and community groups
Supporting Kingsbridge in Bloom
Assisting Town Councils and the local hospital
Contributing to other charitable and community organisations

We have also maintained our focus on developing the Shed’s facilities and equipment to support a broader range of activities.

Community Connections

Kingsbridge Men’s Shed works closely with three local general practices and the District Council’s Mobility and Support Department, through which we receive regular referrals. These partnerships ensure that we continue to reach those who can benefit most from joining the Shed community.

Operations

The Shed currently opens two afternoons per week. As membership increases, we aim to extend opening hours, subject to the appointment of additional session leaders.

Income is generated through member subscriptions, manufacturing and refurbishment work, and small-scale fundraising. We continue to explore new income streams to strengthen our financial sustainability and support future development.

Looking Ahead

The coming year will focus on consolidating our achievements and expanding our activities. As awareness of our facilities grows, we look forward to welcoming more members, increasing our community impact, and continuing to make Kingsbridge Men’s Shed a place where people can share skills, companionship, and purpose.

Names of the trustees who manage the charity

Alan Kirk Chairman

Malcolm Short Treasurer & Secretary

INCOME 29/2/24 to 17/3/25	Grants	Donations	Contributions	Contributions	Sales	Other	Subscriptions	Fee refund			Sub total	Sub total	Comment
Sheet no. : b/f												5167.78			Balance
127					120.00							120.00		5158.09
128					10.00							10.00		5076.40
129					450.00							450.00		5211.64
130					150.00							150.00		5313.99
131					260.00							260.00		5351.85
132							35.00					35.00		5178.49
133					312.00							312.00		4841.75
135					90.00							90.00		4336.59
137					160.00		70.00					230.00		4331.04
139												0.00		4039.74
141					635.00		35.00					670.00		4232.87
143					50.00		70.00					120.00		4221.03
144					90.00	123.80	35.00					248.80		4060.72
146					510.00		105.00					615.00		4588.93
148							140.00					140.00		4562.55
150					125.00		20.00					145.00		4611.20

Total	0.00	0.00	0.00	0.00	2962.00	123.80	510.00	0.00	0.00	0.00	0.00	8763.58
																In Yellow if complete & Balanced
EXPENDITURE 29/2/24 to 17/3/25
Sheet no./ Date	Materials	Equipment	Stationery	Utilities	Mntnce+Fitting	Services	Subscriptions	Insurance	Advertising	Training	Bank Chgs	Sub total
127	124.69										5.00	129.69
128	91.69											91.69				Fixed Assets
129	122.14	109.99		40.03						37.20	5.40	314.76
130	47.65											47.65				b/f	1970	Annual costs so far	1729.65
131	153.36			68.78								222.14						Total Sales	2962.00
132	83.36					120.00					5	208.36				Equipment	109.99	Subscriptions	510.00
133	168.35							475.39			5.00	648.74
135	348.65			63.91		177.60					5.00	595.16				Depreciation	394
137	200.55						30.00				5.00	235.55
139	243.29			43.01							5.00	291.30				c/f	1685.99
141	270.86			25.81		175.20					5.00	476.87
143	126.84										5.00	131.84
144	120.16			32.45						251.50	5.00	409.11
146	36.58			45.21							5.00	86.79
148	83.22			77.76							5.40	166.38
150	91.35										5.00	96.35

Totals	2312.74	109.99	0.00	396.96	0.00	472.80	30.00	475.39	0.00	288.70	65.80	4152.38
													Account balance
	Fixed assets	109.99

														4611.20
	Small tools	0.00


	Income	3595.80

	Exp	4042.39

	Dep	394

		4436.39

		-840.59

KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED

		Accounts for Period 29/2/24 to 17/3/25



Receipts & Payments			24/25	23/24
		Notes	£	£
Receipts	Grants	1	0	0
	Donations	2	0	0
	Contributions	3	0	65.28
	Subscriptions	4	510	460
	Sales	5	2,962	4677.95
	Misc		0	0

Total	Receipts		3,472	5203.23

Payments	Materials	6	2,313	5110.46
	Fitting& Maintenance		0	0
	Services		473	58.2
	Utilities		397	739.21
	Insurance		475	414.14
	Stationary		0	4.29
	Subscriptions		30	0
	Depreciation	7	394	394
	Bank Charges		66	61.2
	Advertising		0	120
	Training		289	145.32

Total	Payments		4,436	7046.82
Surplus/Defecit			-964	-1843.59

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 equipment not listed under assets
7	Expenditure on equipment is depreciated 20% on a straight
	line basis. The figure for depreciation includesprioryears







		22/23		21/22
		£		£
		3,070		0
		0		185
		0		331
		480		300
		4,352		1450
		121		0

		8,024		2266

		3,634		1991
		0		0
		48		105
		517		258
		366		378
		9		10
		0		24
		403		503
		72		11
		90		0
		538		0

		5,677		3280
		2,347		-1014

ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS	ElectricityCalculations for Wills Gym,Madman Motorcycles and KDMS

				Data from Photo's						IncludingVAT				Bill Data
Date	Total Reading	KDMS Meter (kWh)	Gym Calculate d(kWh)	Old Men (kWh)	Madmen (kWh)	Borehole Info Only (kWh)	Total Rate (p/kWh)	Days on Bill	1/3 of Standing Charge(£)	KDMS(£)	Madmen (£)	Borehole Info Only (£)	Gym(£)	Rate (kWh)	Climate (kWh)	Standing Charge (£)	Available to Pay	Actual Bill	Wills Payment	Wills Variance from Use
4/26/24	28902.00	151.8		2654.33	9797.28	99.41
7/1/24	31097.00	267.1	1780.90	2752.71	10113	133.51	0.30755	66	£ 9.90	£ 48.19	£ 128.40	£ 12.58	£ 669.14	0.2998	0.00775	0.45	£ 176.59	£ 364.83	£188.24	£ 480.90
8/1/24	32058.00		722.03	2804.76	10299.92	184.44	0.2998	31	£ 4.65	£ 24.31	£ 72.83	£ 18.32	£ 265.34	0.2998	0	0.45	£ 97.13	£ 203.06	£105.93	£ 159.41
9/2/24	32936.00		693.45	2841.22	10448.01	214.77	0.2998	31	£ 4.65	£ 18.70	£ 58.86	£ 10.91	£ 255.06	0.2998	0	0.45	£ 77.55	£330.10	£252.55	£ 2.51
9/30/24	33774.00	416.7	658.25	2898.96	10570.02	233.11	0.2998	28	£ 4.20	£ 25.81	£ 48.93	£ 6.60	£ 241.85	0.2998	0	0.45	£ 74.75	£216.66	£141.91	£ 99.94
11/4/24	34897.00		911.69	2969.34	10710.95	247.2	0.30755	36	£ 5.40	£ 32.45	£ 58.49	£ 5.20	£ 342.95	0.2998	0.00775	0.45	£ 90.95	£357.97	£267.02	£ 75.92
12/9/24	35998.00		857.44	3074.77	10849.08	260.17	0.30755	35	£ 5.25	£ 45.21	£ 57.28	£ 4.79	£ 322.75	0.2998	0.00775	0.45	£ 102.49	£536.27	£433.78	-£ 111.03
1/6/25	36710.00		593.03	3121.75	10921.07	268.73	0.2998	28	£ 4.20	£ 21.94	£ 30.94	£ 3.08	£ 218.39	0.2998		0.45	£ 52.88	£78.38	£25.50	£ 192.89
2/4/25	37848.00		895.65	3258.85	11026.32	280.24	0.30755	29	£ 4.35	£ 55.82	£ 44.06	£ 4.25	£ 335.77	0.2998	0.00775	0.45	£ 99.88	£371.02	£271.14	£ 64.63
Notes
Anyover /under estimationpayment, and Credit balances due to estimated bils needs to be covered bythe Bill owner i.e. Will, but it will correct itself over time.
Madmen Payment includes the Borehole which is calculated for Info onlybut doesn’t include StandingCharge
Climate charge was added again for January!

KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED	KINGSBRIDGE & DISTRICT MENS SHED

	Statement of Assets & Liabilities

			3/17/25	2/29/24	2/28/23	2/28/22	2/28/21
		Notes	£	£	£	£	£
Assets	Current assets
	Current account		4,611	5,167	7,037	4607	5238
	Fixed assets
	Equipment	1	1,686	2,575	1,970	2013	2396

	Total assets		6,297	7,742	9,007	6620	7634

Liabilities						0	0

TOTAL NET ASSETS			6,297	7,742	9,007	6620	7634


Reserves	b/f		7,123	8,967	6,620	7634	9409
Surplus/Deficit			-964	-1,844	2,347	-1014	-1775

TOTAL RESERVES		2	6,159	7,123	8,967	6620	7634

NOTES
1	Expenditure on equipment will depreciate 20% on a straight

	line basis. The figure for depreciation includesprioryears	line basis. The figure for depreciation includesprioryears
2	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
	17th March 2025
Treasurer & Trustee		Chairman & Trustee