David Pratt – January 2026
Annual Report 31st December 2025
ANNUAL REPORT 2025
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Contents
| Contents | |
|---|---|
| Annual Report 31st December 2025 | 1 |
| Contents | 2 |
| Report | 3 |
| Objectives and Activities | 3 |
| Achievements and Performance | 3 |
| Financial Review | 5 |
| Reserves | 5 |
| Plans and Projects for Future | 6 |
| Structure, Governance & Management | 6 |
| Reference and Administration | 7 |
| Financial Activities | 9 |
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Report
Objectives and Activities
The objectives of the Charity are:
A) To promote the craft of woodturning for the public benefit and in doing so raise the appreciation of the creativity, skill and heritage of woodturning.
B) To advance the education of the public in the craft and skill of woodturning.
The Objectives were supported by regular meetings where members were shown better practice in woodturning and also had the opportunity to learn new skills from our Club AWGB approved tutors and professional Demonstrators.
The charity is assisted by the AWGB (Association of Woodturners Great Britain) who is the leading UK body. The AWGB provided advice, guidance, a grant to assist and support the demonstrator programme, to provide Insurance cover for the clubs operation and to assist the clubs continued operations.
Fund raising activities were undertaken throughout the year and included, membership fees, donations, raffle, commission from sale of equipment and goods and the participation in craft fairs.
Achievements and Performance
Though Wherry Woodturners have enjoyed an exciting fourth year, unfortunately we sadly lost two members who passed away, both had been exceedingly helpful during the early stages of the clubs formation, our condolences were extended to their families and members attended the celebration of life for each. They will both be sorely missed.
Supporting our members wellbeing remains important and we spent time to consider the needs of the club and delivered an extensive demonstrator program and supporting hands on meetings for training and practical advice.
For all members we provide a venue to exchange ideas and discuss processes as well as providing moral support for each other.
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We enjoyed continued interest in the club, our membership during the year stabilised similar to the experience of other woodturning clubs in the area.
Considering this and the well being of our members we realised that in the current economic conditions we needed support our members. We decided to review our membership fees. At the 2025 Annual General Meeting it was unanimously voted to unify our membership fees to a single annual fee plus membership of the AWGB to cover all meetings at a cost of £84.00 per annum.
This effectively reduced the cost of membership for all members by incorporating training sessions into the annual fee, up to £50p.a. saving per member if they took advantage of all training sessions.
This decision will be reviewed over the coming year and revisited at the 2026 AGM in November.
Our membership is a mixture of ladies and gentlemen spanning an age range up to 87 years old. Members experience ranged from complete beginners to those with many years experience.
The Club has four AWGB Approved tutors who have supported members in Wherry Woodturners and other clubs in the area. We have arranged for up to three new tutors to be approved during 2026.
Our tutors lead training sessions in our regular training academy. We held 11 training meetings during the year.
In total, with training and demonstration events, we held 23 meetings during the year providing opportunities for members, visitors and guests to experience the craft of woodturning.
As planned we acquired a another lathe and a much improved dust extraction system to support our training and demonstration events.
During the year we maintained our success with social media reaching a wider audience. Through our Website and Facebook page we now have followers from across the UK, Europe, USA and Australasia . Through social media and more traditional marketing we have maintained our profile, attracting interest from the community which has resulted in new member interest.
During the year Wherry Woodturners maintained our relationship with Norwich and Waveney and District Woodturners by sharing, Demonstration events and opening meetings to their members.
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During the year we continued to work with the Wherry Maud Trust supporting their events, providing items for sale made from the Maud's timbers, and our chairperson turned several spares for the wherry.
Financial Review
The Trustees, supported by the committee members, focused on membership retention and income generation during the year being careful to balance income and expenditure to ensure revenue did not move into the red. With careful planning acquisitions were made to cover equipment, and provide professional demonstrators.
We received two financial grants during the year from the AWGB. One to support demonstrations and the second to support the cost of insurance.
Our members continued interest and support gave the opportunity to make sales of equipment and wood which was either donated or acquired for resale. The sales income along with membership fees ensured the finances were managed without the need for financial loans.
At the beginning of the year two trustees (Peter Stanley and David Pratt) continued to provide support and equipment provided at the set up of the charity. This support will become available to the Charity to acquire during the next two financial years after agreement of the board of trustees and the volunteer committee.
Reserves
At the end of the 2025 the available cash was £2998.65 a growth from the beginning of the year when the opening balance was £2965.15. This provides an excellent foundation to plan the year ahead and we plan to consolidate reserves.
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Plans and Projects for Future
The future is very encouraging with a stable membership our plans during the next two years are to provide;
-
The Club and Training Academy to continue with up to 24 meetings per annum enabling members and visitors to try new skills supported by our five tutors and visiting demonstrators.
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Increase our tutor team by a further 2 members
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Seek additional grant funding to provide
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Additional Lathe
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Equipment that can be used during training sessions and that members can utilise for a loan fee in their own workshops
The above plans will be funded through normal income with the addition of available grant funding.
Structure, Governance & Management
Governing Document
The Charity is constituted as a Charitable Incorporated Organisation (CIO) and is governed by its Constitution.
Trustees
The Trustees are chosen on the basis of merit and their ability to make contribution to the charity in terms of skills, knowledge and experience. None of the Trustees have any beneficial interest in the company.
All Trustees are provided with the charities governing document, the relevant guidance from the Charity Commission on the role of trustees and the latest Annual Accounts and Trustees Annual report. At the end of 2024 Peter Stanley resigned as a Trustee. Peter has been replaced by Barry Prigmore from the 1st January 2025.
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Organisational Structure
The Board of Trustees is responsible for ensuring that the charity fulfils its objectives. The Board reviews Wherry Woodturners strategic direction and the best use of the available resources to meet its objectives. The Board normally meets a minimum of twice a year as required to ensure the strategic management of the charity.
Furthermore the Trustees are supported by a team of volunteers who operate as a working committee to support the aims of the charity to deliver its objectives.
| objectives. | |
|---|---|
| Chair & Trustee | David Pratt |
| Trustees and Core Committee |
Barry Prigmore, Simon Crutchley (retiring), David Guymer & Nick Lewis (from 1/1/2026) |
| Secretary | Nicole Kaptein |
| Treasurer | Peter Stanley |
| Committee members | Brian Brown, Jim Bridgewater, Chris Nicholson, David Chesire, |
Related Parties
Wherry Woodturners is an affiliated Club to the AWGB that enables access to training, information, and guidance on governance and best practice.
Reference and Administration
| Name of Charity | Wherry Woodturners |
|---|---|
| Charity Registration Number | 1196790 |
| Principle Address | 49 Panxworth Road South Walsham Norfolk NR13 6DX |
| Meeting Location | South Walsham Village Hall School Road South Walsham Norfolk NR13 6DZ |
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Trustees
The Trustees serving this year and since the year-end were as follows;
Simon stood down at the 31st December and was replaced in January 2026 by David Guymer and Nick Lewis, two very active members of the Wherry Woodturners.
David Pratt Barry Prigmore Simon Crutchly (retired 31/12/2025) David Guymer (appointed 1/1/2026) Nick Lewis (appointed 1/1/2026)
The trustees report was approved by the board of trustees
Mr David Pratt, Chair of Trustees
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Financial Activities
Statement of Financial Activities Including Income and Expenditure Account for period ended 31st December 2025
| 2025 | 2025 | 2024 | 2024 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Income | ||||
| Membership | 2030.38 | 2708.00 | ||
| Grants | 455.00 | 455.00 | ||
| Donations | 129.36 | 129.69 | ||
| Equipment Sales | 3783.60 | 6398.34 | 4129.83 | 7422.52 |
| Expenditure | ||||
| AWGB | 474.00 | 504.00 | ||
| Insurance | 304.80 | 299.89 | ||
| Demonstrators | 1857.80 | 2130.40 | ||
| Venue | 705.44 | 795.00 | ||
| Equipment | 950.00 | 517.59 | ||
| Admin Expenses | 270.39 | 488.95 | ||
| Cost of Sales | 1802.41 | 6364.84 | 1852.69 | 6588.52 |
| Surplus | 33.50 | 834.00 | ||
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Balance Sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Fixed Assets | 2730.79 | 2097.59 | 1585.00 | 1161.96 |
| Depreciation | 419.52 | (317.00) | (232.39) | 0.00 |
| Current Assets (Badges) |
0.00 | £34.00 | 65.00 | 0.00 |
| Cash at Bank | 2998.65 | 2965.15 | 2131.50 | 1003.97 |
| Creditors Falling Due within one year |
0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets / (Liabilities) |
5309.75 | 4779.74 | 3549.11 | 2165.93 |
| Capital and Reserves |
5307.75 | 4779.74 | 3549.11 | 2165.93 |
Notes to the Financial Statements for period ended 31st December 2024
Assets
Assets and equipment loaned to support our growth include:
Lathes
Record Coronet Herald lathe with accessories (second hand)
Axminster AW 350 on permanent loan from AWGB
Axminster AW305 Acquired during the year (previously on Loan from Peter Stanley)
Axminster AW 305 (Purchased)
Dust Extraction
Rutlands Dust extractor and stand
Record power Extractor (disposed of during the year)
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Sharpening System
Sorby ProEdge
Audio Visual
Samsung and Lenovo Laptops, 2
Two 65” Smart TV’s
Audio system
Marketing
Portable Gazebo for outdoor events
2 display screens
Club sew on badges
Depreciation
Assets are recorded at cost to the organisation and depreciation is charged at 20% per annum to reflect the low usage of equipment compared to other workshop environments.
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