Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed** **Annual Report and Unaudited Financial Statements** **for the financial year ended 31 December 2025** 1 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed** ## **CONTENTS** ||**Page**| |---|---| |References and administrative information|3| |Trustees’ report|4 - 5| |Independent Examiner’s report to the Trustees|6| |Receipts and Payments account|7| |Notes to the Financial Statements|8| 2 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed REFERENCE AND ADMINISTRATION INFORMATION** |**Trustees**|Dominic McAvoy (Chair)| |---|---| ||Patsy Curran (Vice Chair)| ||Eamon McManus (Secretary)| ||Henry Keenan (Treasurer)| ||Joe McGinley| ||Dermott Traynor| ||Glenn Donaldson| ||Paul Pollard| ||Stephen Bradley| ||Kieran McAufield| |**Chairperson**|Dominic McAvoy| |**Charity Registration Number**|NIC108805| |**Principal Address**|17a Duke Street| ||Warrenpoint| ||Co Down| ||BT34 3JY| |**Independent Examiner**|Connor Sweeney FCA| ||Chartered Accountant| ||12 Moygannon Road| ||Warrenpoint| ||Co Down| ||BT34 3QJ| |**Bankers**|Warrenpoint, Burren & Rostrevor Credit Union| ||1 The Square| ||Warrenpoint| ||Co Down| ||BT34 3LY| 3 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed TRUSTEES’ REPORT** for the financial year ended 31 December 2025 The trustees present their Trustees’ Report and the unaudited financial statements for the financial year ended 31 December 2025. ## **Objectives and Activities** ## **Compliance with Public Benefit** The trustees have had regard to the Charity Commission's for Northern Ireland’s statutory public benefit guidance to ensure that activities entered into during the year have helped to achieve the Shed’s aims and objectives as well as providing public benefit. The purposes of Warrenpoint Men’s Shed is to advance the health and wellbeing of men in Warrenpoint and the surrounding local areas by; - Providing a safe venue for men to talk and connect with others while participating in group and/or individual projects - Providing opportunities for skills development, capacity building and learning of men in the area of benefit. - Reducing isolation and increase social networks of men in the area of benefit. The main activities undertaken by the Shed are: - Woodworking and joinery workshops - Community projects - Programme events with guest speakers ## **Structure, Governance and Management** ## **Governing Document** The principal document regarding governance of the charity is the constitution. The committee members are the Charity Trustees. The Shed is an unincorporated organisation. ## **Organisational Structure** The committee is responsible for the day to day running of the Shed. The committee is made up of at least six volunteers elected each year at an annual general meeting. The committee stands down at the Annual General Meeting each year and a new committee is appointed in line with the constitution. All committee members and trustees are volunteers. No-one receives payment for services. ## **Achievements and Performance** ## **Premises** During the year the Committee continued to buy equipment and materials for the workshop and social area and arranged for all necessary maintenance to be carried out. Four formal committee meetings as well as the AGM and numerous informal meetings were held in the premises throughout the year. ## **Other activities** Members met regularly on Monday and Thursday evenings throughout the year and on other days as necessary to attend social events carry out training and project work. There was a variety of activities available to members and this has resulted in membership remaining steady with 23 members by the end of the year. Four members went on a day trip to Crumlin Road Jail on Tuesday 11 March 2025-the trip was organised by NMDDC. 4 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 Five members attended the Ten Pin Bowling/Crazy Golf /Lunch event in Dundonald on Thursday 12 June 2025.The event was organised by CDRCN as part of Mens’ Health Week 2025. Members attended a voting event in Warrenpoint Town Hall on Saturday 4 Oct 2025 as part of the Communities Leading Change Grant Application process - run by NMDDC. The Shed has been awarded £1,000 grant which will be used to run a Health and Well Being project for members in the Shed over the winter. Two members attended a 3 Day First Aid Course during November/December 2025- provided by NMDDC. Members of the Gaming group continued to take part in War Game activities and 3D Printing on Saturday afternoons in the social area. Members took part in several projects with the local Community during the year including making items for the playground at St Dallan’s Primary School. Members refurbished/replanted five large planters at the Town Dock for Warrenpoint Harbour Authority during the summer. Members made items of garden furniture in the workshop such as folding picnic tables/benches, planters and window boxes of various sizes. Repairs to garden seats, wooden fences and gates were also carried out for members of the public. WMS entered a three-year partnership with a local Company - resulting in annual sponsorship which will help WMS meet its aims and add social value to the area. ## **Financial Review** During the financial year the Shed continued to raise funds via grant assistance, subscriptions, donations and the sale of goods made. The receipts and payments accounts set out on page 7 reflect the activities undertaken by the Shed in 2025, The Shed had income of £7,097.86 and expenditure of £4,581.21 resulting in a surplus for the year of £2,516.65. The Shed had unrestricted reserves at 31 December 2025 of £6,849.34 and restricted funds of £1,000.00. ## **Warrenpoint Men’s Shed TRUSTEES’ REPORT** for the financial year ended 31 December 2025. ## **Going Concern** The trustees are satisfied that there are adequate funds in place to ensure that the Shed can continue its activities and that the financial statements for the year ended 31 December 2025 can be signed off as a going concern. 27-Feb-2026 Approved by the Board of Trustees on _________________ and signed on its behalf by **_____________________ __________________ Dominic McAvoy Henry Keenan Chairperson Treasurer** 5 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed** ## **INDEPENDENT EXAMINER’S REPORT TO THE BOARD OF TRUSTEES OF WARRENPOINT MEN’S SHED** I have examined the financial statements of the organisation for the financial year ended 31 December 2025 which comprise the Receipts and Payments Account, the Statement of Assets and Liabilities and related notes. This report is made solely to the organisation’s members, as a body, in accordance with the Charities Act (Northern Ireland) 2008. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile, report to the Board of Trustees that I have done so and state those matters that I have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the organisation and its members, as a body, for my work, or for this report. ## **Respective responsibilities of trustees and examiner** The organisation’s trustees are responsible for the preparation of the financial statements in accordance with the Charities Act (Northern Ireland) 2008. The organisation’s trustees consider that an audit is not required for this financial year under the Charities Act (Northern Ireland) 2008 and that an independent examination is required. It is my responsibility to: - Examine the financial statements under section 65 of the Charities Act - Follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65 (9)(b) of the Charities Act; and - State whether particular matters have come to my attention. ## **Basis of independent examiner’s report** I have examined your charity financial statements as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65 (9)(b) of the Charities Act. An examination includes a review of the accounting records kept by the organisation and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my attention which gives me cause to believe that in any material respect; - 1) accounting records were not kept in accordance with Section 63 of the Charities Act - 2) the financial statements do not accord with those accounting records - 3) that the accounts do not comply with the accounting requirements of the Charities Act - 4) there is further information needed for a proper understanding of the accounts to be reached. ## **Independent examiner’s statement** I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Connor Sweeney FCA 12 Moygannon Road Warrenpoint BT34 3QJ 27-Feb-2026 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed FINANCIAL STATEMENTS** for the year ended 31 December 2025 ||**Unrestricted**|**Restricted**|**Total**|**Total**| |---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**Funds**| ||**2025**|**2025**|**2025**|**2024**| ||**£**|**£**|**£**|**£**| |**Receipts**||||| |**Donations & Legacies**||||| |Donations|**2,349.00**|**-**|**2,349.00**|**530.08**| |Grant Income|**500.00**|**1,000.00**|**1,500.00**|**500.00**| |**Charitable Activities**||||| |Income from charitable activities|**2,548.85**|**-**|**2,548.85**|**1,857.54**| |Membership|**700.01**|**-**|**700.01**|**680.00**| |TOTAL INCOME|**6.097.86**|**1,000.00**|**7,097.86**|**3.568.62**| |**Payments**||||| |**Charitable Activities**||||| |Expenditure on charitable activities|**4,581.21**|**-**|**4,581.21**|**5.431.03**| |Net receipts (payments) for the financial|**1,516.65**|**1,000.00**|**2,516.65**|**(1.863.41)**| |year||||| |Balances brought forward 1 January|**5,332.69**|**-**|**5,332.69**|**7.196.10**| |2025||||| |Balances carried forward 31 December|**6,849.34**|**1,000.00**|**7,849.34**|**5.332.69**| |2025||||| |Cash funds||||| |Bank and petty cash|**6,849.34**|**1,000.00**|**7,849.34**|**5.332.69**| 27-Feb-2026 Approved by the Board of Trustees and authorised for issue on___________ and signed on its behalf by .............................................. ............................................. Dominic McAvoy Henry Keenan Chair Treasurer 7 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed** ## **NOTES TO THE FINANCIAL STATEMENTS** for the year ended 31 December 2025 ## 1.RESTRICTED FUNDS Restricted funds represent income which can only be used for particular purposes, so specified by the donors. Such purposes are within the overall objectives of the charity. ## 2.UNRESTRICTED FUNDS Unrestricted funds represent amounts which are expendable at the direction of the board in furtherance of the objectives of the charity. ## 3.RELATED PARTY TRANSACTIONS No trustee received remuneration or reimbursement of expenses during the financial year. There were no related party transactions during the year. ## 4.GRANT INCOME ||Restricted|Unrestricted|Total 2025|Total 2024| |---|---|---|---|---| ||£|£|£|£| |Warrenpoint Harbour Authority|500.00|-|500.00|500.00| |NMDDC|1,000.00|-|1,000.00|| |Total|1.500.00|-|1,500.00|500.00| 8 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed** |**The following are for WMS information only and will not form part of the final accounts.**|**The following are for WMS information only and will not form part of the final accounts.**|**The following are for WMS information only and will not form part of the final accounts.**|**The following are for WMS information only and will not form part of the final accounts.**| |---|---|---|---| ||**2025**|
|**2024**| |||**£**|**£**| |**Income**|||| |Subscriptions and membership||780.01|680.00| |Grant income|1,500.00||500.00| |Donations|2,349.00||530.08| |Sales of goods|2,259.21||1,767.19| |Clothing||-|30.00| |Miscellaneous Income||289.64|60.35| |Total income|7,097.86||3,567.62| |**Expenditure**|||| |Insurance||529.01|480.01| |Materials|1,546.87||1,784.82| |Tools and equipment||791.31|305.82| |Buildings maintenance||213.50|790.50| |Heat, Light & Power||877.92|686.36| |Courses||-|615.00| |Trips and outings||433.10|445.10| |Clothing||-|229.42| |Miscellaneous||189.50|94.00| |||_______|_______| ||4,581.21||5,431.03| |||_______|_______| |**Surplus/(deficit) for the year**|2,516.65||(1,863.41)| |||_______|_______| 9 Docusign Envelope ID: 5E4BEEE1-D744-499E-BF72-6536115DA5C2 ## **Warrenpoint Men’s Shed Statement of assets and liabilities as at 31 December 2025** |

**Funds Reconciliation**
Surplus /(deficit) brought forward
Surplus/(deficit) year ended 31.12.2025
**Bank and cash balances**
WBR Credit Union
Petty cash
**Liabilities**
**Total net assets**|**2025**

**£**
5,332.69
2,516.65
____
7,849.34
_______
7,849.34
0.00
____
7,849.34
_______
_____
7,849.34
|**2024**
**£**
7,196.10
(1,863.41)
_______
5,332.69
_______
5,332.69
0.00
________
5,332.69
____ ___
_______
5,332.69
| |---|---|---| 10