Marnhull Men’s Shed Annual Return 2025
Looking back at the annual report from the previous year, it is apparent how little has changed. The Shed continues to be challenged by the need for a longterm solution to its accommodation problem and the need to broaden its membership. To some extent these two issues go hand-in-hand. Nonetheless we have been fortunate to enjoy the unwavering support of our landlady, who generously provides our workshop, and have had sufficient member support to maintain our financial stability.
Activity in the Shed has largely been based on individual member’s projects, however towards the end of the year we have seen a small return of activities on behalf of the Parish Council and it was good to get back into the fingerpost renovation business..
On the equipment front we have acquired a second hand band saw, which replaces our aging and unreliable saw, and a morticer. Shed members worked together to dismantle several items of redundant equipment that were occupying much needed space and we are grateful to Chris for removing the unwanted metal for recycling.
Membership and attendance has remained steady and we are delighted to welcome George as a new member of the Shed.
I am pleased to report that the Shed has continued to fulfil its primary objective, which is to provide a means of reducing social isolation particularly amongst older men.
MARNHULL MEN'S SHED YEAR END FINANCIAL STATEMENT 1st May 2024 to 30th April 2025
| 2024/25 | 2023/24 | 2024/25 | 2023/24 | ||
|---|---|---|---|---|---|
| Income | Expenditure | ||||
| Subscriptions | 950.00 | 1050.10 | Project Materials | 537.79 | 35.48 |
| Attendance Fees | 0.00 | 0.00 | Project Consumanables | 0.00 | 11.50 |
| Donations Received | 709.40 | 104.00 | |||
| Grants | 375.00 | 0.00 | Refreshments | 0.00 | 0.00 |
| Interest Received | 64.14 | 64.32 | Communications | 0.00 | 14.39 |
| Expenses | 0.00 | 0.00 | |||
| AGM Expenses | 0.00 | 0.00 | |||
| Bank Charges | 6.30 | 2.24 | |||
| Association Fees | 30.00 | 30.00 | |||
| KMC Utility Costs | 52.30 | 31.46 | |||
| Gas | 0.00 | 65.00 | |||
| Property Maintenance | 0.00 | 77.19 | |||
| Venue Hire | 0.00 | 10.00 | |||
| Repairs and Renewals | 27.10 | 58.92 | |||
| Safety Equipment | 0.00 | 0.00 | |||
| Equipment Purchases | 594.70 | 521.20 | |||
| Insurance | 683.71 | 360.50 | |||
| Total Income | 2098.54 | 1218.42 | Total Expenditure | 1931.90 | 1217.88 |
| Surplus for Year | 166.64 | ||||
| Opening Balance | Current Position | ||||
| Current Account | 709.41 | Current Account | 734.21 | ||
| Deposit Account | 5883.54 | Deposit Account | 5947.68 | ||
| Petty Cash | 85.12 | Petty Cash | 162.82 | ||
| Plus surplus YTD | 166.64 | ||||
| Total Funds | 6844.71 | Total Funds | 6844.71 |
I have examined the above summary on behalf of the Marnhull Men's Shed and, in my opinion, it agrees with the records and vouchers submitted by the Committee for the year to 30th April 2024 and with the balances in hand at that date.
Simon Hanson FCA Hon. Auditor