2021-03-31-accounts

Ramsey Men’s Shed Annual Report FY2020/2021

Introduction

The trustees have pleasure in presenting this report, together with the financial statement and independent examiner’s report, for the FY ending 20/21.

Structure Governance & Management

Constitution

Ramshed is a Charitable Incorporated Organisation (No: 1187633) which was granted on 26 January 2020. The constitution has been distributed to members during the year and comments received and noted.

Appointment of Trustees

Trustees are elected at the Annual General Meeting. Our constitution states that there should be a minimum of five and each is appointed for a period of one year. A list of current trustees can be found on the Charity Commission website.

Management

The Charity is managed by a Management Committee. The core appointments are: Chair, Vice Chair, Treasurer, Secretary, Health & Safety, Welfare.

Aims

The aims of Ramshed remain as follows:

1. To provide a place (and equipment) for its members to interact with others while participating in group, community, or individual projects.

RAMSHED Registered Charity No 1187633

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1. To undertake projects which are acceptable to Ramshed and which are of benefit to the individuals involved and/or to the wider community.

2. To assist its members in maintaining or improving their health and wellbeing by making new friends and enjoying working on a range of practical projects.

Achievements during the year

We had a positive start to the reporting period with a number of projects being undertaken as well as members learning new skills through hands-on instruction. We also gained charity status and this was a big boost cementing our position as a mature and focussed club. The year was looking good until the Covid-19 pandemic situation brought our ambitions and goals to a halt. The shed closed for the lockdown periods only opening, with restrictions, for a few weeks.

However, the membership kept in touch using social media, offering support where necessary. We also carried out an e-AGM which allowed members to offer their views, opinions and votes online. A major decision was to raise the level of membership subscriptions in order to meet our expected FY 21/22. commitments.

Plans for FY21/22

We believe that we now have a very impressive set of equipment, housed within good facilities. We hope to exploit these by encouraging members to attend the shed and get involved. If permitted, we will undertake those community tasks that were halted due to Covid 19. We also hope to reinvigorate our initiative to transfer skills amongst our members through general instruction periods. For example, we would like to run sessions on wood and metal turning, welding techniques, electrical maintenance and chainsaw operations.

Further, we will seek new members through various promotions opportunities. In parallel, we will examine how we can better support current members who may develop medical conditions - our shed can provide a valuable part of a member’s recovery. We will therefore look at options on how best to provide appropriate help.

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All of this will be determined by forces beyond our control. Nevertheless, we remain positive that we will be an active and productive shed.

Financial Report

Our treasurer compiled the Statement of Account for the period and submitted it to our independent auditor. The account was approved and subsequently submitted to the AGM and agreed by members. The shed remains in good financial health and poised ready for the next period.

Summary

Gaining charity status early in the year was a very positive start. Unfortunately, the Covid-19 pandemic put on hold the various projects and initiatives that were in development. Undeterred, we did manage to conduct an e-AGM, elect a new committee and reconfirm our trustees. Our finances are sound and our membership numbers very positive. Overall we end the reporting period in good shape.

Our aspirations for FY 21/22 will be determined by how much activity we can undertake. However, we are ready to adapt to any situation in order to provide our members with an active and vibrant shed.

Signed on behalf of the Trustees

RAMSHED Registered Charity No 1187633

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RAMSHED

STATEMENT OF ACCOUNT OPERATING YEAR 2020-2021

(Prepared By Andy Wilson - Ramshed Treasurer May 2017- Present day) (Audited By Mr Phil Geary - Independent Auditor 15 Apr 2021)

Page 1 of 4

Ramshed Accounts FY20‐21

RAMSHED

NOTES TO THE 2020‐2021 ACCOUNTS

1. Accounts produced from 1 Apr 20 ‐ 31 Mar 21 ‐ Our 3rd FULL Financial year.

2. Accounts feature many self‐explanatory sub group code transactions, i.e., SALES, TOOLS, CONSUMABLES, GRANTS, OFFICE etc., along with specific items such single lines as Electrical Bill and Insurance Etc.

3. It has been an interesting year, not least of all the present lock‐down/restrictions and closure of Ramshed Operations before the end of our Financial Year etc.

4. Because of obvious COVID‐19 lockdowns and shed meeting restrictions, we have not had the financial turn‐ overs as in previous years. This has directly affected GRANTS, DONATIONS and funding opportunities by a reduction in SALES of Surpluses etc. These reductions are reflected in the end of this FY accounts.

5. Again a VARIANCE Column is included for this year’s account as comparison Totals against last FY 19‐20. Additionally, it should be noted that certain lines do not feature in this year and are shown zeroed.

6. At our AGM we voted to increase our Annual Subscriptions to £50 per year to account for a formalized rent of the Workshops. The detailed contractual obligations are yet to be agreed with our landlord however, it is anticipated that the shed will have sufficient funds to cover our obligations.

7. Please note for clarity that certain new sub code transactions are included that did not feature in last year’s account and vice versa.

8. These Accounts have been independently audited and found satisfactory as of 15 Apr 2021 ‐ (Certificate at sheet 4 ).

Page 2 of 4

Ramshed Accounts FY20‐21

RAMSHED RECEIPTS AND PAYNENTS ACCOUNT FCXI THE YEAR ENDED 31ST MARCH 2021 RAMSHED GENERAL FUND Totsl BankAC 2020121 Totsl 2019120 Total Cash Total 2020121 2020121 Variance RECEIPTS Bank Start Year CIF From 19QO Cash Start Year CIF From 19-20 SubscriplDns Taken Annually See Notes DOnat￿n$-VarIouS Sourees Grant5 Sales- Surplus T(ds, GaraJe Clearance hems & Craft Iten Honesty Box Refuiitlb Ifrurri Relurri￿1 UT Exbli¥rryEIJ IIwiE) Total Recei NIA NIA 635 12￿.62 20(NJ.00 2442.32 157.72 78.43 e610.09 618.55 618.55 NIA 31.57 NIA 315 270.(KJ -1.027 31.57 170.LK) 1th).(KJ 69.22 359.22 115.08 115.08 43 -78 .65, 2344.42 4,2eA, 1507.77 PAYMENTS Tcx)l & Equip Purchases (Hand PO￿TI Infrastructure - (Electrical WL¥ksl Infrastructure- IExtracti>n System) Insurance Electric Bll IPaKI Dec 201 UK Manshed SubscriptK)n IUKMSA PaKJ (M ))) Personal Protecti)n Equip￿￿1 PPE First Ahj Items ma￿eting - Varw)us Printing & A￿￿ertiSIng Ran￿ed Lcgo Off￿e - (Printer Inks. Paper ,Post&Je Web Srte Fees Etc) Sundiies IBeveraJes- Cleanng Materials Janitorial etc) Consumablès- Workshop Suppliès- Surf￿6 FinishirKJ - AbrasNEs- Fasteners etc Total S endin 4,875.59 153.80 148.15 129 CY) 132.CY) 24.00 74.47 I38.￿) 138.9) 4.737 -154 130 26 130.26 217.CM) 25.(KJ 27.36 217.CKJ 25.(Kl 27.36 47 281.92 89.77 240.42 3.70 244.12 393.28 £6,307.98 -387 £249.69 £818.93 -5.489 £569.24 Recei end Mo¥effnt £938.53 £586.￿ £1.525.49 SURPLUSES End Year Closing balance per Bank Statement @ 31 Mar 21 Closing balance per Petty Cash sheet 31 Mar 21 Year End Total @ 31 Mar 21 BANK £1.488.79 £0 £1.488.79 CASH £000 Credrt £36.70 credit £36.70 £1,525.49 ty1 credit TOTAL Page 3 of4 Ramshed Accounts FY20-21

Audit Certificate for Ramshed Year ended 31# March 2021 I have examined the records presented to me and considered the explanations given. In my opinion these accounts present a true and complete picture of the finances of the association. Signed: (P J Gearyl Date: 15th April 2021 Page4of4 Ramshed Accounts FY20-21