Annual General Meeting October 2024 Chairman’s Report
Introduction
On behalf of the committee, it is my pleasure to submit this report as part of our AGM. Following our usual format, I will start with a general overview and comment on our membership base, followed by a view of our tools and equipment. I will conclude by taking a look at the way ahead. Please note: our Treasurer will report separately on the health of our finances.
General Overview - the year so far
Before I delve into the year, members will recall that we lost our founding member, Mick Arthur, at the end of last year. Without Mick’s vision of a local shed we would not have got off the ground. We owe a lot to Mick and it was fitting to name the upstairs workshop the Mick Arthur Room. Mick’s family kindly unveiled a plaque about the door in March and it will serve as a reminder for us all.
It has been another successful year. Our membership remains good and we have reached our optimum number - given the limited space available. Some of the personal projects have been interesting and it was good to see people coming together to help each other. We sometimes joke about how much advice is on offer but it is a key feature of the shed i.e the bringing together of valuable suggestions and experience.
Our drive to offer new technology equipment has continued through the year. The 3-D printer has been put to good use and is a valuable asset to make those clips, knobs and fittings that you can no longer get. The laser engraver is another excellent asset and is now fully operational. The new router is a considerable step up in technology and is far more forgiving than its predecessor. More importantly, items like these encourage the learning of new skills and techniques. The kit itself is one thing but learning how to use the software or the rigs and jigs is another - and we always offer instruction. So please make good use of the kit.
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It is worth mentioning our work this year to support local communities. Our work on the Ramsey telephone box was well received. It was one of those projects that anyone could contribute to and the weather was in our favour. The box is now fully fitted out with a defibrillator. Great stuff.
The Upwood notice board has been an interesting project and it will be an outstanding product. We also helped Ramsey Town Council with a dummy switch box for their Christmas lights programme and, for the council’s eco-diversity project, we made a number of bird and bat boxes. These all stand us in good stead and enhance our reputation within our communities.
I ought to mention our relationship with our landlord. It remains very positive and we have tried to support him and the family throughout the period. Well done to everyone who helped.
Looking Ahead
At this AGM I will stand down as chairman. After nearly 6 years in post it is time for fresh ideas and energy. I am sure the new incumbent will carry on our drive to offer everyone the space, equipment and encouragement to be creative. There is always so much more that we can achieve and I am sure we will do so. It has been a pleasure and an honour to have been in the chair and I look forward to the next phase of our shed.
In Sum
It was a pity to lose Mick Arthur but we carry on with his vision. We remain financially secure and our membership base is positive. Moreove, we continue to be seen as a trusted, reliable local club.
The coming year will see someone new in the chair and we can look forward to another successful reporting period. We are a small but vibrant club where we enjoy each other's company, welcome advice and experience, try new skills and just enjoy ourselves.
John Wiltshire (Chair)
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RAMSHED
STATEMENT OF ACCOUNT OPERATING YEAR 2023-2024
(Prepared By Andy Wilson - Ramshed Treasurer May 2017- Present day) (Audited By Mr Roger Brereton (Mayor & Councilor) - Independent Auditor 1st April 2024)
Page 1 of 4
Ramshed Accounts FY 23-24 Final
RAMSHED
NOTES TO THE 2023-2024 ACCOUNTS
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Accounts produced from 1 Apr 23- 31 Mar 24 - Our 6th FULL Financial year (FY).
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Accounts feature many self explanatory sub group code transactions , i.e. SALES, TOOLS , CONSUMABLES , DONATIONS, OFFICE etc, along with specific items such single lines as Electrical Bill and Insurance etc.
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It has been an interesting year, not least following on from Covid 19 restrictions thus changing for the better our Ramshed Operations during our Financial Year. This in turn has improved revenue especially DONATIONS (mostly for for external projects), and conversely such things as ELECTRICITY consumption and Market increases for INSURANCE services which are up compared to previous years.
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As for the previous year ,financial turn-overs remain fairly buoyant as in previous years before the pandemic and SALES of Surpluses Equipment and donated items has increased commensurately .
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Again a VARIANCE Column is included for this years account as comparison Totals against last FY 22-23. Additionally it should be noted that certain lines do not feature in the last year and are shown zeroed.
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At our AGM we again voted Annual Subscriptions to remain at £50 per year to account for a potential formalized rent of the Workshops,though this is still in abeyance . As with previous years, the detailed contractual obligations are still yet to be agreed with our landlord however, and as before, it is anticipated that the shed will have sufficient funds to cover our obligations when the time comes. Certain Subscriptions are including as a part Calendar Year. Also it should be noted that the Subs Calendar year remain as due in January as a calendar year and are included in this set accounts as of Jan 24 .
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Once again during this FY we purchased a number of new machine tools and equipment for more modern technology or improved function or new capability for our members use . This is reflected under sub section TOOLS, this has increased compared with last year.
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An additional new Sub Group INTEREST is included this year . This is attributable to opening , part way through the year, a SAVINGS style of account in addition to our day to day operating costs account.
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Sub group SALES this year, Includes - many sales of surpluses items, sales of items made by shed membership and either surplus donated or upgrade of machines, by sale to shed members , or externally by means of EBay and Facebook Market Place.
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Sub group FIRST AID saw no purchases this year.
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These Accounts have been independently audited and found satisfactory as of 1 Apr 24 (Certificate at sheet 4 ).
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Ramshed Accounts FY 23-24 Final
| RAMSHED | ||||||||||||
| RECEIPTS AND PAYMENTS ACCOUNT | ||||||||||||
| FOR THE YEAR ENDED 31ST MARCH 2024 | ||||||||||||
| RAMSHED GENERAL FUND | ||||||||||||
| Last FY **Total ** |
**Total Bank AC ** | Total Cash | **Total ** | Variance | ||||||||
| RECEIPTS | 2022-23 | 2023-24 | 2023-24 | 2023-24 | ||||||||
| £ | £ | £ | £ | £ | ||||||||
| Main BankStart Year C/F From 23-24 | 3135.30 | 2413.05 | 0.00 | 2413.05 | N/A | |||||||
| Cash Start Year C/F From 23-24 | 27 | 0.00 | 37.61 | 37.61 | N/A | |||||||
| BankSavingsInterest (See Notes) | 0 | 13.28 | 0.00 | 13.28 | 13 | |||||||
| SubscriptionsTaken Annually (SeeNotes) | 1,320 | 1075.00 | 190.00 | 1265.00 | -55 | |||||||
| Donations-Various Sources | 134.54 | 1104.70 | 265.00 | 1369.70 | 1,235 | |||||||
| Grants | 0.00 | 0.00 | 0.00 | 0.00 | 0 | |||||||
| Sales-SurplusTools, Garage ClearanceItems & CraftItems | 1467.10 | 357.92 | 722.00 | 1079.92 | -387 | |||||||
| HonestyBox | 255.50 | 0.00 | 212.16 | 212.16 | -43 | |||||||
| Total Receipts | £6,339.58 | £4,963.95 | £1,426.77 | £6,390.72 | £51.14 | |||||||
| PAYMENTS | £ | £ | £ | £ | £ | |||||||
| Tool&EquipPurchases (Hand andPower) | 1,196.40 | 1,388.67 | 60.00 | 1,448.67 | 252 | |||||||
| Insurance (PaidAug23) | 362.90 | 431.17 | 0.00 | 431.17 | 68 | |||||||
| ElectricBill(PaidDec23) | 278.00 | 391.00 | 0.00 | 391.00 | 113 | |||||||
| UK Manshed Subscription(UKMSA Paid Oct23) | 30.00 | 30.00 | 0.00 | 30.00 | 0 | |||||||
| Personal Protection EquipmentPPE | 0.00 | 71.68 | 0.00 | 71.68 | 72 | |||||||
| FirstAidItems | 0.00 | 0.00 | 0.00 | 0.00 | 0 | |||||||
| ElectrcInfrastructure (Changes toElect Sys) | 375.26 | 174.08 | 14.50 | 188.58 | -187 | |||||||
| Office-(Printer Inks,Paper,Postage,Web SiteFees SeeNotes) | 882.87 | 102.55 | 1.50 | 104.05 | -779 | |||||||
| Sundries (Beverages-CleaningMaterials Janitorialetc) | 271.64 | 212.42 | 37.22 | 249.64 | -22 | |||||||
| Consumables(Workshop Supplies - Surface Finishing - Abrasives - Fasteners etc) |
41.93 | 578.80 | 66.43 | 645.23 | 603 | |||||||
| Total Spending | £3,888.92 | £3,380.37 | £179.65 | £3,560.02 | -329 | |||||||
| Receipts & Spend (Movement Delta) | £1,583.58 | £1,247.12 | £2,830.70 | |||||||||
| SURPLUSES @ End Year | BANK | CASH | TOTAL | |||||||||
| Closing balance per BankOrd Acc Statement @ 31 Mar 24 | £190.30 | £0.00 | incredit | |||||||||
| Closing balance Savings Bankas per Statement @ 31 Mar 24 | £2,613.28 | £0.00 | incredit | |||||||||
| Closing balance per Petty Cash sheet @ 31 Mar 24 | £0.00 | £27.12 | incredit | |||||||||
| Year End Total@ 31 Mar 23 | £2,803.58 | £27.12 | £2,830.70 | in credit | ||||||||
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Ramshed Accounts FY 23-24 Final
Audlt Certlficate for RAMSHED Y r ended 31° Marth 2024 I have examlned the records presented to me and considered the explanatlons 8lven. In my oplnlon these accounts present a true and complete plcture of the flnances of the association. Sl8ned: R J Brereton. Date.. 1st Aprll 2024 Page4of4 Ramshed Accounts FY 23-24 Final