## **Trustees' Annual Report for the period**
Period start date Period end date 27 02 2020 31 03 2021
**From**
**To**
## Section A Reference and administration details
**Charity name**
Evesham Men in Sheds
**Other names charity is known by Registered charity number (if any)** 1188469
EMiS
**Charity's principal address** Cornmill Road, Evesham, Worcestershire
## **Postcode WR11 2LL**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Alan Partridge Chairman
Anthony Vice Chairman
2
Huttlestone
3 Michael Noon Treasurer
4 Judith Noon Secretary
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
CIO Foundation Model
- (eg. trust deed, constitution)
Charitable Incorporated Organisation How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
- (eg. appointed by, elected by)
By existing Trustee majority election. Re-election/ appointment at AGM.
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
March **2012**
**TAR**
2
to promote social inclusion for local people, assisting them to integrate into society by providing a place and facilities where they can **Summary of the objects** meet others and undertake creative, recreational **of the charity set out in its governing document** or physical activities, gain confidence and support each other socially and mentally.
We have provided a physical space and welcoming atmosphere to all that have sought companionship, camaraderie, and a purpose in life. We have a fully fitted woodworking/ carpentry workshop where members have been encouraged to engage in making various objects together, for themselves, the local community and the Shed. Some members are engaged in maintenance and small mechanical repairs. We have a thriving social area and encourage laughter, banter and friendship. We also have two allotments tended by an enthusiastic group and providing bountiful free vegetables for all. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
## **Additional details of objectives and activities (Optional information)**
March **2012**
**TAR**
3
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
Section D Achievements and performance
March **2012**
**TAR**
4
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
We have overcome all the hardships, restrictions and complications thrown up by the Covid19 pandemic and opened safely. We have a growing membership and are helping them to better cope with any feelings of loneliness and isolation.
## **Section E Financial review**
March **2012**
**TAR**
5
## **Brief statement of the charity’s policy on reserves**
We are currently solvent and intend to keep a reserve of £2500 to cover our potential outgoings for 12 – 18 months.
**Details of any funds materially in deficit**
None
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
_MFNoon_ **Signature(s)** _AGPartridge_ Michael Frederick Noon **Full name(s)** Alan George Partridge **Position (eg Secretary,** Chairman Treasurer **Chair, etc) Date** _27th October 2021_
March **2012**
**TAR**
6
## **Shed Accounting* - made easy**
## **A Men's Shed Cash Book and Receipts and Payments Account template**
*** suitable for all unincorporated Sheds across the UK, whether registered or not as a charity, and CIOs**
**UKMSA recommends that all Men's Sheds prepare Accounts on the Receipts and Payments basis for their members and funders. For those registered as charities submission to their Charity Regulator may be a legal requirement. To help you do this we have prepared this spreadsheet template.**
We have added **Receipts** and **Payments** tabs (a "cashbook") to a modified version of the template accounts provided by the Charity Commission in England and Wales. These modifications have been made so that the UKMSA template Receipts and Payments Account is also compliant with the additional disclosure requirements of the Scottish Charity Register and the Charity Commission for Northern Ireland.
The **Receipt** and **Payment** tabs are used to automatically complete the Receipts and Payments Account (Section A). To finish your **Shed Accounts** you will only need to manually enter details, if any, of other assets and liabilities on the Statement of Assets and Liabilities (Section B). Scottish Men's Sheds (Registered with the OSCR) will also need to complete the Notes to the accounts (Section C).
Once completed the **Shed Accounts** can be printed for your members and funders and if required submission to your Charity Regulator along with the Trustees' Annual Report (which needs to be prepared separately).
**Note: this template IS NOT suitable for Men's Sheds registered as Limited Liability or Community Interest Companies.**
**If your Men's Shed is a registered charity you can find your charity regulator's Receipts and Payments accounts pack, which includes guidance notes, by following the relevant link below:**
## England and Wales
Scotland
Northern Ireland
_It is assumed users have sufficient knowledge and experience of using spreadsheets to use this template. As we have no control over how you use this spreadsheet UKMSA does not accept any responsibility for the Receipts and Payments Accounts produced by this template which you use entirely at your own risk._
## **What is a Receipts and Payments Account ?**
A Receipts and Payments Account is a financial statement that summarises the movement of cash in and out during a financial period/year. In this context ‘cash’ includes bank and building society current and other accounts into which money is banked or used to make payments (PayPal for example).
A Receipts and Payment Account only requires you to account for money transactions (cash and bank) and allows you to ignore non monetary transactions and unpaid items. This is much easier to understand and record than accruals accounting and, so long as the income is below £250,000, perfectly acceptable to all the UK Charity Regulators.
## **Keep it simple**
Only 2 things can happen to money, it comes in and it goes out. Records should be kept of money in and money out analysed into appropriate reasons why it came in and why it went out. In this template this is recorded on one tab for money in **(Receipts)** and one tab for money out **(Payments)** .
Separate records should be maintained for separate bank and cash accounts, don't for example mix the cash and bank records up. In this template this is achieved by using separate columns for separate accounts ; For example; (I) Current account, (J) Deposit account and (K) Cash. The bank current account columns for Receipts and Payments (Column I on both the **Receipts** and **Payments** tabs) should mirror the bank statements with an explanation (analysis) for each transaction, nothing else.
During the first year total bank receipts in less total bank payments out should always equal the bank balance. For second and subsequent years the opening balance plus receipts less payments should always equal the bank balance. It is important to check this **(Bank and Cash Summary)** after entering every bank statement to identify and correct any errors as you go.
## **What is a cash book ?**
A cash book is simply the name given to the record of cash and/or bank receipts and payments. Originally these would have been in physical cash books but today they are often recorded on spreadsheets.
In this template the **Receipts** and **Payment** tabs together are the "Cash Book". Totals from these tabs are summarised on the **Bank and Cash Summary** so you can check the balances agree to your bank statements and cash counts.
The analysis of receipts and payments into reason why money came in and went out is used to complete the Receipts and Payments Account.
## **How to use this cash book**
- **1**
- After a simple 2 or 3 step **Set Up** this spreadsheet can be used to record **Receipts** and **Payments** for up to 2 bank accounts and 1 cash account which should be more than enough for most Men's Sheds.
**2** Receipts and payments must be entered for the same period, usually a year, that your accounts will be prepared for. Start a new spreadsheet for each new year, check the UKMSA website for a newer version first.
Work methodically and enter transactions in strict date order. For each transaction enter the date, who received from/paid to and a brief comment why.
**3**
- **4** On both the **Receipts** and **Payments** tabs each entry is analysed into columns (Columns M onwards) to identify why money came in or why it went out. These columns can be renamed on the **Set Up** tab to suit your receipts and payments as required. To populate these columns use column F to identify which column the receipt or payment should be allocated to by entering the relevant column number (Green numbers above column description). If you need to split a receipt or a payment across more than one column do it by splitting the transaction over 2 or more rows.
- WARNING: DO NOT add columns unless you are sure how these link to the final receipts and payment account and know how to add another row and formula in the correct place.
- **5** If the transaction is the receipt or payment of restricted funds put a Y in column G.
- **6** Finally enter the transaction amount in the correct bank or cash account column - It is very important to do this correctly.
- **7** You must then check your actual bank statement balance and cash count agree to the **Bank and Cash summary** figures calculated from your input.
- **8** If you do not give a reason why any money came in or went out or fail to reconcile the year end bank statement balance suitable warnings will be displayed on the **Shed Accounts** tab and elsewhere. These warnings will disappear when all issue have been fixed.
- **9** On both the **Receipts** and **Payments** tabs you can scroll right to check the "cross check" column. This will either show "looks OK" or "Error" to help you identify any rows where the analysis code may be missing.
- **10** Finally review the **Shed Accounts** to ensure there are no warnings and they appear to make sense. In particular the bank and cash balances on Section B (page 2) should have "OK" under each cash fund.
- **11** If you do have error warning messages the detail and source of these errors are given at the foot of the **Shed Accounts** (rows 158 - 172 after Section C) with some hints on how to correct them.
**12 Before you start** please take some time to test the functionality of this cash book.
There are some example entries on both the **receipts** and **payments** tabs. You can change the analysis column by changing the column number in column F. Try it and see what happens. Have a play by deleting an analysis code for a receipt or a payment or both and see what error messages pop up. Change the bank reconciliation figure to see what warning appears on the **Shed Accounts** .
- You should also look at the **Bank and Cash Summary** to understand how each balance brought forward plus receipts less payments must equal the balance held at the period/year end. You MUST ensure that the bank and cash accounts either agree or are reconciled (differences explained).
- **a Refunds**
Refunds can be entered as negative figures so that the refund amount is deducted from the same cost analysis that the original purchase was allocated to.
**b Transfers between cash and bank accounts** Transfers between cash and/or bank accounts need to be recorded on a single row as + (plus) and - (minus) entries **in columns I, J, K** as appropriate. No analysis is required because the net amount must be zero. You are just transferring cash from one account to another.
All transfers should be recorded on the Receipts tab, enter the + (plus) amount in the account column receiving the transfer and an equal - (minus) amount in the account column making the transfer.
If your Shed is a new CIO preparing accounts for the first time any transfer received from the bank account of a former unincorporated Men's Shed association IS NOT a transfer between accounts and should be entered as the receipt of a donation from the unincorporated association. If this is the case see the **Converting to a CIO** tab for explanation.
- **c Restricted Funds**
If any receipt or payment relates to restricted funds put a Y in column G. It is important to identify restricted items because unrestricted and restricted funds must be disclosed separately in the accounts. You also need to be able to show restricted funds have been spent appropriately.
**d Transfers between unrestricted and restricted funds**
Restricted funds should never be negative and should be replaced by unrestricted funds if necessary.
Surplus restricted funds can not usually be transferred to unrestricted funds. Specific agreement from the donor of the restricted funds would be required to do that. Unrestricted funds may however be transferred to restricted funds, for example to support a capital purchase part funded by a restricted grant.
Transfers between unrestricted and restricted funds can be shown on the **Shed Accounts** at row 48 "transfers between funds". Any such transfer should be shown as a positive (+) in the fund receiving the transfer and a negative (-) in the fund making the transfer.
The **Shed Accounts** will automatically show a transfer to restricted funds from unrestricted funds if required. You can however overwrite this balancing calculation if you wish to restrict more funds than required. **e Endowment Funds** Endowment funds are special funds which must usually be invested to produce income and not actually be spent. It is considered unlikely that any Men's Shed will have endowment funds and accordingly this cashbook DOES NOT provide for them. **f Accounting for other assets and liabilities** At the end of the financial year/period a statement of assets and liabilities must also be prepared. For most Men’s Sheds we would expect to see some tools and equipment. You can estimate the value, there is no need to prepare a detailed valuation. If there are any unpaid bills or expenses the total amount should be disclosed, you do not need to list every unpaid item.
Please delete the example entries in columns B to K (both Receipts and Payments) before entering your own transactions. Columns L onwards are formulae and should not be deleted.
Save your cash book spreadsheet with a new name, e.g. Your Men's Sheds Accounts 2020.xlsx to preserve this copy with the example entries.
Use a new spreadsheet for each accounting period/year. Save a final copy at the period/year end, enter closing balances and comparative figures on the Set Up tab of a new spreadsheet for next period/year. NOTE: Men's Sheds registered as either Limited Liability or Community Interest Companies must, under the Companies Act, prepare annual accounts on the accruals basis. The Receipts and Payments Account produced by this template is not compliant with the accruals basis. Accordingly Men's Sheds registered as companies (Ltd or CIC) will have to prepare annual accounts using a different accounts template which include assets and liabilities and a balance sheet. **Rounding errors** : It is possible that the final accounts, shown to the nearest pound, could contain "rounding errors". This arises if the overall rounding up and rounding down is unbalanced. To fix try adding a few pence as a receipt or payment to rebalance the final accounts. **PASSWORD PROTECTION: The formulae and formatting of this template have been protected to prevent accidental deletion. If you need to unprotect any sheet the password is UKMSA.**
**Version 3.50 (Beta)** Sunday, January 10, 2021
## **Shed Accounting - made easy**
**A Men's Shed Cash Book and Receipts and Payments Account template**
**----- Start of picture text -----**
3 Step Set Up
Step 1 Shed details
Required
Your Shed Name Evesham Men in Sheds
Your Charity or CIO number 1188469
Accounting start date 27/02/2020
Accounting end date Period or year end 31/03/2021
Bank and cash accounts Current account
Optional Deposit account
Cash
**----- End of picture text -----**
## **Step 2 Account Analysis** Optional
|**Step 2**
**Account Analysis**
Optional|**Step 2**
**Account Analysis**
Optional|**Step 2**
**Account Analysis**
Optional|
|---|---|---|
|**Receipts**|||
|**1**
**2**
**3**
**4**
**5**
**6**|Membership fees|Annual subs and session fees
Usually unrestricted
Often restricted
Trading income
Interest received
Small receipts not ftting elsewhere|
||Donations||
||Grants||
||Sales / event income||
||Interest||
||Other||
|**7**
Sale of assets
and/or investments
**Payments**|||
|**1**
**2**
**3**
**4**
**5**
**6**
**7**
**8**
**9**
**10**|Shed premises costs|Rent, light & heat etc.
Nails, screws, glue, wood
under £25 suggested
To the Shed and/or equipment
Tea, cofee and biscuits
Printing, postage & stationery
UKMSA Membership
Small items not ftting elsewhere
Spare for your own use|
||Insurance||
||Materials & consumables||
||Small tools (<£75)||
||Repairs and renewals||
||Refreshments & cleaning||
||Admin/Ofce costs||
||Subscriptions||
||Sundry||
||Transport Expenses||
|**11**
Hand and power Tools (>£75)
**12**
Workshop machines
These rows must only be used for fxed
asset purchases|Hand and power Tools (>£75)||
||Workshop machines||
## **Prior period figures**
**Step 3** only required if applicable -->
|**Step 3**
**Prior period fgures**
only required|**Step 3**
**Prior period fgures**
only required|**Step 3**
**Prior period fgures**
only required|
|---|---|---|
|if applicable -->
**If this is your second or subsequent period complete the following.**|||
|**Prior Period Accounting start date**|||
|**£**
**Receipts**|||
|Membership fees
Donations
Grants
Sales / event income
Interest
Other
Sale of assets|||
||||
||||
||||
||||
||||
||||
|**Total receipts for period ended**
**26/02/2020**
0.00
**Payments**|0.00||
|Shed premises costs
Insurance
Materials & consumables
Small tools (<£75)
Repairs and renewals
Refreshments & cleaning
Admin/Ofce costs
Subscriptions
Sundry
Transport Expenses
Hand and power Tools (>£75)
Workshop machines|||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
|**Total payments for period ended**
**26/02/2020**
0.00
**Surplus / (defcit) for prior period**
0.00|0.00||
|**Current account balance at**
**26/02/2020**|||
|---|---|---|
||||
|**Deposit account balance at**
**26/02/2020**|||
||||
|**Cash funds held at**
**26/02/2020**|||
|**Total cash funds held at**
**26/02/2020**
0.00|||
|**Restricted funds held at**
**26/02/2020**|||
|**Unrestricted funds held at**
**26/02/2020**
0.00|||
|**Total bank & cash funds held at**
**#VALUE!**|||
|Looks good
0.00|||
**----- Start of picture text -----**
Evesham Men in Sheds For the period ended Mar 31, 21
Cash Book Receipts
Receipt to Analysis codes: Reason why money came in - DO NOT ADD other "accounts" such as "petty cash"
1 2 3 4 5 6 7
Restricted Current Deposit Membership Sales / event
Date Who received from Why received Analysis Code funds account account Cash fees Donations Grants income Interest Other Sale of assets
27/02/2020 Wychavon D C Community Fund 3 2,200.00 2,200.00
31/03/2020 John Martin Charity Community Fund 3 1,600.00 1,600.00
10/07/2020 J Proops Donation 2 100.00 100.00
28/07/2020 Wychavon D C Rates Hardship Fund 3 10,000.00 10,000.00
10/11/2020 Shed Members Subs 1 10 10.00
12/11/2020 Evesham Town Council Community Fund 3 510 510.00
03/09/2021 Evesham Rotary Club Community Fund 3 250 250.00
03/17/2021 Worcs. C C Clr John Smith 3 1000 1,000.00
**----- End of picture text -----**
**----- Start of picture text -----**
If you need more rows add them above this row and copy formulae from below
15,560.00 0.00 110.00 10.00 100.00 15,560.00 0.00 0.00 0.00 0.00
Identified as restricted (Y in column G) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Unrestricted 10.00 100.00 15,560.00 0.00 0.00 0.00 0.00
**----- End of picture text -----**
**----- Start of picture text -----**
Evesham Men in Sheds For the period ended Mar 31, 21
Cash Book Payments
Payment From Analysis codes: Reason why money went out -DO NOT ADD other "accounts" such as "petty cash"
1 2 3 4 5 6 7 8 9 10 11 12
Shed premises Insurance Materials & Small tools Repairs and Refreshments Admin/Office Subscriptions Sundry Transport Hand and Workshop
Restricted Current Deposit costs consumables (<£75) renewals & cleaning costs Expenses power Tools machines
Date Who paid to Why paid Analysis Code funds account account Cash (>£75)
02/28/2020 A G Partridge On Account - (purchases) 7 500.00 500.00
03/10/2020 A G Partridge On Account - (purchases) 1 1,000.00 1,000.00
07/02/2020 A G Partridge On Account - (purchases) 1 1,061.38 1,061.38
08/25/2020 Black, Byers & Higson Lease (shed) 1 500.00 500.00
08/13/2020 A G Partridge On Account - (purchases) 9 500.00 500.00
08/14/2020 S G Partridge Labour expenses 1 420.00 420.00
16/10/2020 Black, Byers & Higson Lease (allotment) 1 60.00 60.00
10/28/2020 Export & General Shed Insurance 2 356.42 356.42
10/30/2020 A G Partridge On Account - (purchases) 1 1,750.00 1,750.00
12/08/2020 T Huttlestone Petrol Expenses Claim 9 20.00 20.00
11/11/2020 Toolite Workshop Machines 12 1,221.98 1,221.98
11/11/2020 Toolite Power tools 11 211.20 211.20
12/09/2020 Toolite Power tools 11 87.30 87.30
**----- End of picture text -----**
**----- Start of picture text -----**
If you need more rows add them above this row and copy formulae from below
7,688.28 0.00 0.00 4,791.38 356.42 0.00 0.00 0.00 0.00 500.00 0.00 520.00 0.00 298.50 1,221.98
Identified as restricted (Y in column G) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Unrestricted 4,791.38 356.42 0.00 0.00 0.00 0.00 500.00 0.00 520.00 0.00 298.50 1,221.98
**----- End of picture text -----**
**Evesham Men in Sheds Cash Book Summary and Reconciliation For the period ended 31/03/2021**
**----- Start of picture text -----**
Current account summary £
Opening Balance as at 27/02/2020 0.00
Receipts and net transfers 15,560.00
Payments -7,688.28
Closing Balance as at 31/03/2021 7,871.72
Bank Reconciliation £
Balance per Bank Statement on 31/03/2021 7,871.72
Add Date Payee / details Slip ref £
0.00
Less Date Payee / details Chq No. £
0.00
Reconciled balance 7,871.72
Difference 0.00
Deposit account summary £
Opening Balance 0.00
Net transfers from/(to) current account and other receipts (interest received) 0.00
Payments 0.00
Closing Balance 0.00
Cash summary £
Opening cash held 0.00
Unbanked cash receipts 110.00
Cash payments 0.00
Closing cash held 110.00
Cash counted by A G Partridge On 24/03/2021 110.00
**----- End of picture text -----**
## **Evesham Men in Sheds**
**Assets retained for the Shed’s own use 03/31/2021**
**----- Start of picture text -----**
Optional Optional Optional Required
Quantity Unit cost Total cost Unit value Total value
£ £ £ £
Buildings
1 Portacabin 2 1,000.00 2,000.00 2,000.00
2 Storage area + roofing 1,000.00 1,000.00
3 0.00 0.00
4 0.00 0.00
5 0.00 0.00
3,000.00 3,000.00
Large items of machinery
1 Bandsaw, dust extraction 1,300.00 1,300.00
2 Scroll saw 220.00 220.00
3 0.00 0.00
4 0.00 0.00
5 0.00 0.00
6 0.00 0.00
7 0.00 0.00
8 0.00 0.00
9 0.00 0.00
10 0.00 0.00
1,520.00 1,520.00
Power tools
1 0.00 0.00
2 0.00 0.00
3 0.00 0.00
4 0.00 0.00
5 0.00 0.00
6 0.00 0.00
7 0.00 0.00
8 0.00 0.00
9 0.00 0.00
10 0.00 0.00
0.00 0.00
Hand tools
1 0.00 0.00
2 0.00 0.00
3 0.00 0.00
4 0.00 0.00
5 0.00 0.00
6 0.00 0.00
7 0.00 0.00
8 0.00 0.00
9 0.00 0.00
10 0.00 0.00
0.00 0.00
**----- End of picture text -----**
||**Other assets**|||||||
|---|---|---|---|---|---|---|---|
|1
2
3
4
5
6
7
8
9
10||||0.00||0.00||
|||||0.00||0.00||
|||||0.00||0.00||
||Fridge, kettle, mugs etc.|||100.00||100.00||
|||||0.00||0.00||
|||||0.00||0.00||
|||||0.00||0.00||
|||||0.00||0.00||
|||||0.00||0.00||
|||||0.00||0.00||
|**Total cost and value**||||**100.00**
**4,620.00**||**100.00**
**4,620.00**||
**Evesham Men in Sheds**
**1188469**
Member
**Receipts and payments accounts** Period start date Period end date **For the period To from 02/27/2020 03/31/2021**
**CC16a**
## **Section A Receipts and payments**
**----- Start of picture text -----**
Unrestricted Restricted
funds funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £
Receipts
Membership fees 10 0 10 0
Donations 100 0 100 0
Grants 15,560 0 15,560 0
Sales / event income 0 0 0 0
Interest 0 0 0 0
Other 0 0 0 0
Sub total (Gross income for AR) 15,670 0 15,670 0
Asset and investment sales
Sale of assets 0 0 0 0
Sale of investments 0 0 0 0
Sub total 0 0 0 0
Total receipts 15,670 0 15,670 0
Payments
Shed premises costs 4,791 0 4,791 0
Insurance 356 0 356 0
Materials & consumables 0 0 0 0
Small tools (<£75) 0 0 0 0
Repairs and renewals 0 0 0 0
Refreshments & cleaning 0 0 0 0
Admin/Office costs 500 0 500 0
Subscriptions 0 0 0 0
Sundry 520 0 520 0
Transport Expenses 0 0 0 0
Sub total 6,168 0 6,168 0
Asset and investment purchases
Hand and power Tools (>£75) 299 0 299 0
Workshop machines 1,222 0 1,222 0
Sub total 1,520 0 1,520 0
Total payments 7,688 0 7,688 0
Net of receipts/(payments) 7,982 0 7,982 0
Transfers between funds 0 0
Cash funds last year end 0 0 0 0
Cash funds this year end 7,982 0 7,982 0
**----- End of picture text -----**
**----- Start of picture text -----**
Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted Restricted Total current
funds funds Period Last year
Cash funds to nearest £ to nearest £ to the nearest £ to the nearest £
Current account 7,872 0 7,872 0
Deposit account 0 0 0 0
Cash 110 110 0
Total cash funds 7,982 0 7,982 0
OK OK OK OK
(agree balances with receipts and payments account(s))
Other monetary assets
Stocks/goods for sale 0
Debtors 0
0
0
0
0 0
Investment assets
0
0
0
0
0
0 0
Assets retained for the Shed’s
own use
Buildings 3,000 3,000
Large items of machinery 1,520 1,520
Power tools 0 0
Hand tools 0 0
Other assets 100 100
4,620 0
Liabilities
Trade creditors 0
Accrued expenses 0
0
0
0
0 0
Signed by one or two trustees on behalf
of all the trustees Signature Print Name Date of approval
Michael Noon 02.11.2021
**----- End of picture text -----**
where many choose to become Charitable Incorporated Organisations.
each.
**then show reserves (funds) going to zero.**