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← Brechin Men's Shed

2025-06-30-accounts

Brechin. Men’s9 Shed SCIO

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

For the period 1 July 2024 — 30th June 2025

Scottish Charitable Incorporated Organisation SC048811

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OSCRoa
Scottish Charity Regulator
www.oscr.org.uk
Registered SCIO
$C048811
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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30" June 2025

CONTENTS PAGE

Index Page
Trustee Annual Report 2-5
Independent Examiners Report 6
Statement ofReceipts and Payments 7
Statement ofBalances 8
Notes 9-12

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30 June 2025

TRUSTEES’ ANNUAL REPORT

The trustees are pleased to present their report and financial statements together with the independent examiners report for the period ending 30" June 2025.

Charity Name

Brechin Men’s Shed SCIO

Charity Number SC048811

Principal Address Brechin Men’s Shed SCIO 38 Bank Street Brechin Angus DD9 6AX

Current Trustees Bankers Bank of Scotland P O Box 100 BX2 1LB -a

Chairperson Treasurer Secretary

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30" June 2025

TRUSTEES’ ANNUAL REPORT

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing Document

Brechin Men’s Shed is a Scottish Charitable Incorporated Organisation (SCIO) and it was registered as a charity from 5" November 2018. Brechin Men’s Shed is administered in accordance with their constitution.

Appointment of Trustees

Trustees are recruited at the Annual General Meeting. The office bearers are elected at the Annual General Meeting, Trustees can be coopted throughout the year. Any Trustee completing three consecutive years must retire from office and be re-elected at the Annual General Meeting. The board of Trustees meet often to review all aspects of the charity’s affairs.

Organisation Structure

The trustees are responsible for the strategic direction and governance of the charity. There are nominated office bearers of chairman, secretary and treasurer, with a further nominee as Health and Safety representative. Minutes are taken at these meetings and recorded. There are many volunteers who help with the ongoing tasks of the charity.

OBJECTIVES & ACTIVITIES

The purpose of the organisation is to provide recreational facilities and advance the social needs, health and wellbeing of men of all ages and backgrounds living in Brechin and surrounding areas by:

c) Reducing isolation of men in the area thus contributing to their physical and mental wellbeing. d) Developing the capacity of men in the Brechin area to share their skills and knowledge with others in the community. MEMBERSHIP Although our membership has dipped at present, this is due to the fact, that since February 2022 we had been unable to locate a building to be set up properly as a Men’s Shed. Due to this, we have only been able to hold monthly social meetings. Around 10 to 12 members would attend these meetings. Members are not charged a joining fee as the group decided that ongoing expenses would be covered by the manufacture and sale of crafts and with donations from the public. Due to the mainly ageing membership it is to be expected that there are often ones who cannot attend due to sickness or other medical issues. Page 3

Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30™ June 2025

TRUSTEE’S ANNUAL REPORT

ACHIEVEMENT AND PERFORMANCE

The Men's Shed are very active and engaged in many local community functions such as coffee mornings, craft fairs, local shop promotions, Pageant Day in the town, Big Lunch and Christmas light switch on. As well as promoting the Shed to try and boost membership at these events, we also make items for sale to the public to generate funds. This generally gets a good response from members and most support and participate in some form or another. Our activities have been curtailed over this financial period due to lack of premises up until November, but a few members have worked on projects from their own homes, thus helping to bring in some income.

As of February 2022, we had to vacate our premises due to the owner selling the property. But some good news was received at the end of December 2023. A building we have been chasing from Angus Council had now become available for lease. We have now agreed to take up this offer and were waiting for a Common Good consultation period which takes eight weeks from the time it is publicised. Finally an agreement was reached that we would get entry in the first week of November 2024. Arrangements were made to transfer all our machinery etc to our new home and by the end of November we were all set up and ready to go. To publicise our arrival in Bank Street, we held an Open Day with members of the public encouraged to come along. We also had business cards and pamphlets printed and distributed around the town. Since that day, we have steadily progressed to improve our set up. However, as we knew at the time of signing our lease, at some stage in the very near future, Angus Council are to advertise this building for sale.

FINANCIAL REVIEW

Overview

The results for the period are set out in the attached accounts. The total income for the year was £5,059(2024 £759). The total expenditure was £7,724 (2024 £977) The results showa surplus of £2,665(2024 deficit of £218). Leaving unrestricted funds of £20,907 the total funds remaining are £20,907.

The accounts have been prepared on a Receipts and Payments basis for the period 1“ of July 2024 until 30" June 2025, which is the Men's Shed year end. The principal source of income is the manufacturing and sale of items to the public and to local businesses, schools, nurseries and village halls. The income meets the ongoing monthly expenses including electricity and insurances, and this is carefully monitored. However, due to lack of facilities from June to November, expenditure and income both have been lower this year than expected.

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period Ist July 2024 to 30 June 2025

TRUSTEES’ ANNUAL REPORT

FUTURE PLANNING

The plan for the coming year will be determined by Angus Council. We as a group, have agreed to apply for a Community Asset Transfer, but due to the information we have, Angus Council will not agree to this on the building that we are in at present, they intend to sell or lease the adjoining building, which is the old police station and court room, as one lot. After further meetings we agreed that we would send in our application to cover both the buildings. To this end we are now working on our business plans. To gauge public response, we asked the general public to sign a petition at both the Pageant Day and the Angus Show and we had just short of 700 signatures. We are planning to have this application into AC by the end of August.

RESERVES POLICY

The trustees are considering a reserves policy at this time this will be going through the next meeting of the group. Consideration being reserve designation of unrestricted funds, amount required for reserves and when the reserves can be accessed and re-accumulation of reserves after use.

APPROVAL

This report was approved by the trustees on the 1“ of October 2025 and signed on their behalf by:

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Date
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Treasurer Brechin Men’s Shed SCIO — SC048811

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Brechin Men’s Shed SCIO — SC048811

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report on the accounts of the charity for the period 1“ July 2024 to 30" June 2025 which are set out on pages 7-12.

Respective responsibilities of Trustees and Examiner

The charity’s Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity Trustees consider that the audit requirement of the Regulation 10(1) (d) of the Accounts Regulations does not apply.

It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks 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 I do not express and audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In the course of my examination, no matter has come to my attention

  1. Which gives me reasonable cause to believe that in any material respect the following requirements have not been met: - To keep accounting records in accordance with Section44 (1) (a) or the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and - To prepare accounts with accord with the accounting record and comply with Regulation 9 of the 2006 Accounts Regulations.

  2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached.

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en A | Fe) | LerTs Date of signing
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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30™ June 2025

STATEMENT OF RECEIPTS & PAYMENTS

2025 2025 2024
e £ £
Unrestricted Total Total
Receipts
Donations 791 791 -
Trading 4,268 4,268 759
TOTAL RECEIPTS 5,059 5,059 759
Payments
Charitable Activities 7,524 7,524 977
Governance
Independent Examination 200 200 -
TOTAL PAYMENTS 7,724 7,724 977
Surplus/Deficitforperiod - 2,665 - 2,665 - 218

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Brechin Men’s Shed SCIO $C048811 Annual Report & Financial Statements For the period Ist July 2024 to 30 June 2025

STATEMENT OF BALANCES

2025 2025 2024
£ £ £
Unrestricted Total Total
Accounts balance
Balance as at 01 July 2024 23,572 23,572 23,790
Surplus/Deficit - 2,665 - 2,665 ~ 218
Closing Balance 20,907 20,907 23,572
2025 2024
Bank Balance as at 30June 2025 20,918 23,572
Cash 279 -
21,197 23,572
Less Liabilities
UnreconciledCheques 90 90 -
Independent Examination Fee 200 200 -
Total Liabilities 290 290 -
ClosingBalance 20,907 23,572

Assets — non inclusive in above

Donated and purchased Tools (current value) estimated value approx. £6000

These accounts were approved by the Trustees on the 1° October 2025 and signed on their behalf by:

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reasurer
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Date
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Brechin Men’s Shed SCIO — SC048811

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period Ist July 2024 to 30" June 2025

NOTES TO THE ACCOUNTS

1. Basis of Preparation

These accounts have been prepared on the Receipts and Payments basis in accordance with:

2. Fund Accounting

b) The charity is not registered for VAT; thus, all costs are shown inclusive of VAT charged.

  1. Transactions with trustees and related parties

  2. a) No remuneration was paid to trustees, or any persons connected with them during the year (2024-2025:£nil)

  3. b) No travelling expenses were reimbursed to trustees this year or last annual period.

  4. c) There are no staff members or Trustees who are paid.

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30" June 2025

NOTES TO THE ACCOUNTS cont’d

5. Donations

Brechin Fire Station The Jock Neish Society Brechin Cyclocross Abandoned Slimmers Brechin Other Small Donations

6. Gross Trading Receipts

Sale of items produced

Unrestricted Total Total
Funds 2025 2024
200 200 0
210 210 0
100 100 0
150 150 0
131 131 0
791 791 0
Unrestricted Total Total
Funds 2025 2024
4,268 4,268 759
4,268 4,268 759

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period Ist July 2024 to 30 June 2025

NOTES TO THE ACCOUNTS cont’d

7. CostofCharitable Activities Unrestricted Total Total
Funds 2025 2024

Rent& Rates		 1,151 1,151 0
Insurance 583 583 502

Heat& Light		 527 527 0
Telecommunications 157 157 0
Materials 1,561 1,561 55
Equipment 2,161 2,161 0
Repairs 1,295 1,295 314
Advertising 0 0 72
Sundry 89 89 34
Advertising 0 0 72
7,524 7,524 977

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Brechin Men’s Shed SCIO SC048811 Annual Report & Financial Statements For the period 1st July 2024 to 30" June 2025

NOTES TO THE ACCOUNTS cont’d

Movement in Funds

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As at As at
01/07/2024 Receipts Payments 30/06/2025
£ £ £ s
Unrestricted Funds
General fund 23,572 5,059 7,724 20,907
General fund 23,572 5,059 7,724 20,907
Total Funds 23,572 5,059 7,724 20,907
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Purpose of Funds

General Fund Unrestricted funds are for any charitable purpose Restricted Fund Restricted fund for restricted spending whether from Funder or fundraising - there are no restricted funds currently

Designated Fund Designated fund will show when Trustees have put funds aside — there are no designated funds currently

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