## **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|||||||||||||||||||||||| 1 |**KINGSBRIDGE & DISTRICT MENS SHED**|**KINGSBRIDGE & DISTRICT MENS SHED**|**KINGSBRIDGE & DISTRICT MENS SHED**|**KINGSBRIDGE & DISTRICT MENS SHED**|**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**|||||||| |||||||||| |||||||||| 1 |||||| |---|---|---|---|---| |||||| |||||| |||||| |||||| |||||| |||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| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 3 |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!||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| |||||||||||||||||||||| 1 |**KINGSBRIDGE & DISTRICT MENS SHED**|**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**||||||||| ||||||||||| ||||**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**||||||||| 1 ||**line basis. The figure for depreciation includesprioryears**|**line basis. The figure for depreciation includesprioryears**|**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**||||||| 2