REGISTERED COMPANY NUMBER: CS003713 (Scotland)
REGISTERED CHARITY P4UMBER: SC048855
REPORT OF THE TRUSTEES AND
UNAUDII'ED FtNANCIAL STATEMEF4TS FOR THE YEAR ENDED 30 TrIOVEMBER 2024
FOR
BANFF, LIL4CDUFF AND DISTRICT MEN'S SHED
Ritsons CA
15 Boyndie Street
Banff
Aberd¢enshir¢
AB45 IDY

BANFF, MACDiIFF AND DISTIUCT MEN'S SHED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVLMBER 2024
Psge
Report of the Truste
Independent Examiner's Report
Statemellt of FinsDCi81 Actlvitles
Balance Sheet
Notes to the FiN*ncial Statements
7 to 10
Detailed St#tement of FinAnciAI Activities

BANFF, MACDUFF AND DISTRICT MEN'S SHED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 NOVEMBER 2024
The Érust¢es who are also dir¢¢iors of the eharity for the PUTposes of the Companies Act 2006, present their report with the
f￿anCIal statem¢nts of the Charity for the year end¢d 30 November 2(k24. The trnstees have adopted th¢ provisions of
Aecounting and Reporting by Charities.. Stst¢ment of Recommended PraGti¢e applicable to charities preparing their
accounts in accordaD¢e with the Financial Reporting Standard applKGable in the UK and R¢publie of Ireland (FRS 102)
{¢ffective I Sanuary 2019).
ORVECTITrTS AND ACTIVITtES
Objeetiyes 8nd Aims
The purpose Of ihe or8ariisation is to provide recreational facilities and advance the social needs, health and well being o
men of all ages and backgrounds Ilving in Banff, Macduff and surrounding areas.
The Banff. Ma¢duff & District M¢n'$ Shed is just over 6 year old. we estsblished charitable status on the 21st November
2018 ¢harity number SC048855.
In 2022 through th¢ asset transfer pro¢ess we 5e¢uTed a 99 year lease on a former school building ID Macduff.
The Men's Shed movernent was established to provide a place where men 18+ could meet socialize, build, repair and
pcycle, use skills that have b¢¢n developed over years and pass them on to others. and to wnrtect with other cotnmunity
groups. We appeal to men who find themselvcs as a result of retirement. physical or mental ill health, divorce or being
widow¢d amongst oth¢TS, b¢ing isolated in th¢ community they live.
ACHIEVEMENT AND PERFORMANCE
We continue ¢0 make improvements to the building in the form of ¢nergy saving m¢asur¢s, fitting LED lighting and
insulatLOtI.
A wood burnsng stove was insta]led which has made the whol¢ building more ¢omfortable
Our memb¢rs continue lo undertake community projects and help for individuals repairing items, refi]rbishing public
notice board5. benGhes, assembling garden and household fumiture, private and public garden tidies.
The m&in workshop is organszed with dust extraction system now installed. A second rootn has be¢n organized as an
activities arca with games, crafts, model making. music etc
The 8reetthouse has been very popular with memb¢rs. so so that a second bigger one has been purchased for er¢¢tion
ready for spring 2025
There are council Tun Computer I tech classes and addi¢lion therdpy also being off¢red from the premises.
The buildÉng was usa as a film set for a we¢k during the Summer with further filming booked for next y¢ar
We achieved a number of rnilestones over the year. The crowning achievement was for th¢ second year in a row being
short listed and then go on to win the Scottish Men's Shed of The Year Award, competing against over 200 sheds the
anntsun¢ement came at the SMSA AGM held at Perth.
The Banff, Macduff and DistTjCt Men's Shed has been mentioned in both the Scottish Parliament and W¢stminster
congratulating us on winning the Sw¢ti$h M¢n's Shed of the Year for the second con5eGutive year.
We a150 hosted an Open Doors Day for Men 19th November.
Page I

BANFF, MACD[￿F AND DISTRICT MEN'S SHED
REPORT OF THE TRUSTEES
FOR THE YF,AR ENDED 30 IYOVEMBER 2024
FINANCIAL REVIEW
Donations, Fundraising arld Grants
We have been fomllmte to re¢¢iYe donations from Thc Art Club. Strathspey and Reel Society, Wild Dookers. Shed of the
Year prize money and many cash donations fmTE] people we'v¢ done small job5 for.
Grants from Muirden Encrgy, COOP Community Fund, Aberdeen5hirc Cotsnril, Coastal Community Fund, ASDA
FoundalioJ4 cAR￿S, and NESCAN, Sced Fund
Fundrdisin8 through Sales 8nd providing a venu¢ for other groups.
Patron Schem¢
A Patron Scheme has been established tu help out in the case of a lean period or in the ease of unexpected emergcncies.
PatTOliS pledg¢ to provide fii)ancial support to a rnaximum of £300 if called uEx)n. To dale we h&ve 9 $i￿)ed up Patrons.
llJ¢ Patton 5chEme will be assessed annually and parti¢ipallts conta¢ied to Confirm their ¢ontinued support. Patrons will
only be called on a5 a la51 resort.
FUTURE PLANS
We continue to reduce our carbon foot print and energy costs as mueh as possible by following the reconimendations in an
energy ¢tYi¢ianGy rcport provided by Business En¢rgy scotlan￿ once plantiing application 15 approved we will install a
new airto air heat pump system eArly 2025
Ere£t a Second gre¢ll house r¢ady for spring 2025
Continue to provide hub Sp￿ to bcnefit the con]munity and in turn help cover ¢osts.
Inerease our membership and provid¢ a safe and comfortable place for us all to me
STRUCTURE, GOVERNANCE AND MANAGLMENT
Govtrnlng document
The chariry is cotttrolled by its goveming documcnL a deed of trust, and ¢onstitutes a limited company, limited by
8uaranle¢, as defjned by th¢ Compani¢s Act 2006.
Charlty cons￿￿tion
The ¢haritJ is a SLottisb Charitable In¢orFX)rated Or8anisation la SCIO). li w8s registered in its Current legal fomi on 21
November 2018. It has a single tier structure and as such the trt￿teeS are the metnbers ofthe Ch￿lty.
Reernltment #nd 8ppointin¢nt of new trustee$
The mana8¢m¢nt committee meet weekly. All group nieinbers are welcoine to aiiend, should a new appointment be
rqiiired a special members meeting Can be called at any time. Trustees are elected at the annual general rneeting which is
held in June. There rnu5t be a minimum ofthree twstees.
REFERENCE AND ADMINISTRATIVE DETATI,S
Registered Company number
CS003713 (Scotlalld)
Regi$t¢red Charity number
SC048855
ReElstered office
Page 2

BANfiV, MACDUFF AI¥D DISTRICT MEN'S SHED
REPORT OF THE TRLISTEES
DR THE YEAR ENDED 30 NOVEMBER 2024
C0[Thpa￿Y Secretary
Ind¢pe&deot ExAmiR¢r
Ritions CA
15 Boyndie Street
Banff
Ab¢rdeenshire
AR45 IDY
Apprt)Ned by oydei" of Ilie bts￿'d oftnJ51Leb on
- and signed on its behalf by..
Page 3

INDEPEL4DENT EXAMINER'S REPORT TO THE TRLTSTEFS OF
BANFF. MACDUFF AND DISTRICT MEN'S SHED
I rep)rt on the acwunts for th¢ yesr ende<5 30 November 2024 Set out on pages ftve to len.
Re5￿ctIVe responsibilitles of trustees and txwThin*r
The charit}'s trL15t¢C5 ore responsible for th¢ Preparaiion of the a¢counts in accordance with the tenn5 of the Charitie5 and
Trustee Investment (Scotland) Act 2005 ￿Trd the Charities Accounts (Scotland) Kegulatiotis 2006 (as artiend¢d). The
charity's trllstees COllsid¢r that the audit requiremGnt of Kegulation 10(I){a) to Ic} of the Attounts Regulations doe5 not
apply. It is rny resp)nsibility to examine the aL¢owits as rffjuircd under Sectton M(l)(r) of the Act ajxi to sth¢e W￿￿er
particular matters hav¢ come to my allentioii.
B8sis of the Inde￿ndent ex&rniner's report
My exatnination was LarriLMI out ID accordance with Regulaiion I l of ibe c.harities Accounts (Scotland) Regulations 2006.
examiTration includes a revicw of the awountin8 records kept by the charity and a comparison of the accounts
pr¢sented with those r¢cords. It also includ¢s con5idera1ion of any unusual iicms or di5closure8 in the accounls, ￿)d Seeking
¢xplanation$ from you ay ¢nJstees concerning nny Such matters. The prottdures undertaken do not provide all the evidenLe
that would b¢ requir￿ in an audit, and ¢oi)s4uently I do not express an audit opinton on the view given by the aL¢ounts.
Independent examiner's st#tem¢nt
In cot￿¢Cl10n with my examination. no matter has come to my att¢ntion:
(l) which gives me r¢tsonablc c8use to believe that, in any n)aterial re5pecL the requiremtnts
to keep accounting records in ac¢ordiuKe with S￿tIon 44(1 Xal of the 2005 Act and Regulalion 4 of the 2006
Accounts Re8ulations' and
to wepare a¢¢owJts wiiich weord with the ac¢ountin8 records and to comply with Regulation 8 of the 2006 Accounts
R¢8ulations
have not been met. or
{2) to ivhith, in my opinion, attention should be thawrt in order to enable a proper understanding of thc accounts to be
rea¢hed.
Ritsons CA
15 Boyndi¢ Sireet
Aberdeenshire
AB45 IDY
Date..
10
P8ge 4

BANFF, MACDUFF AND DISTRICT MEN'S SHED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 NOVEMBER 2024
2024
Total
funds
2023
Unrestricted
fund
Restrtctsd
fund
TotAI
ruDds
Notes
INCOME AND ENDOWMENfs FROM
Donations and le¥acies
1,930
1,930
2,922
ChAritable activities
Genernl
2.451
33,384
35,835
1,200
Other trading activities
Investment income
Total
404
13.511
18.296
404
13.511
51.680
977
EXPENDITURE ON
Charit8bl¢ activitie$
Genual
17,505
17.884
35,389
14,857
NET INCOME
791
15,500
16,291
1,757
RECONCILIATION OF FUNDS
Total funds brought forward
17,128
17.128
15,371
TOTAL FUNDS CARRIED FORWARD
17,919
15,500
33,419
17,128
The notes forni part of these financial slatements
Page 5

BANFF, MACDUFF AND DISTRICT MEN'S SUED
BALANCE SllLL"I'
30 NOVEMBER 2024
2024
Total
fund$
2023
Total
Unrestricttd
fund
Restric¢¢d
fund
Notes
CURREf+tr ASSETS
Cash at bank and in hand
17,919
15,500
33.419
17,128
NET CtJRRENf ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
17,919
15,500
33.419
17,128
NET ASSETS
FUNI)S
Utireslricted fllnds
K¢strE¢t¢d funds
TOTAL FUNDS
17,919
33,419
17,919
15.500
33.419
17,128
17,128
The charitable company is entitled to exemption froln audit under Section 477 of the Compani£s Act 2006 for the year
ended 30 November 2024.
The memb¢TS havr not required th¢ company to obtain audit of it5 financial 5tatem¢nts for the year ended 30 November
2024 tn a¢o)rd8n¢¢ with S¢¢tion 476 of th¢ Componi¢s A¢t 2006.
The tyustees acknowledge their reswnsibililies for
(a)
ensuring that th¢ charitable ¢ompany keeps ac¢ounting records that Comply with Sertions 386 and 387 of the
Companies Act 2(K)6 and
preparing financial statetnents whieh give a true and fair view of the Sthle of affairs of the Charithble company ￿ at
the end of ¢a¢h ftnan¢ial y¢ar and of its surplus or deficit for each financial year in Accordance with the
r¢quirern¢nts of Section$ 394 and 395 which othenvise comply with the requirements of the Companies Act
2006 re]atin8 to [￿a￿cIal slatenlents, so far as applicable to the charitable Company.
(b)
These finaii¢iaJ stateinents have been prepared in Accordance with the provision$ applicable to eI￿rItable compani¢s
subjecl to the small cotnpanie5 rebiim¢.
Th¢ finan¢ial ￿21¢MentS were approved by the Board of Trusttts and authorised for issue on .............................................
and were signed on its behalf by..
The notes form part of these fin8ncial stat¢rnents
Page 6

BANFF, MACDUFF AND DISTRICT MEN'S SHED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
ACCOUNTING POLICIES
BASJS OF PREPARING THE FINANCIAL STAT￿l￿ENTs
The fInan¢ial statements of the Charitabl¢ Company, which is a public benefit entity under FRS 101 have been
prepared in a¢cordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of
Recomtnended Practice applicable to chariti¢5 pr¢pariRg their a¢¢ounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019),. Finan¢Éal Reporting
Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and Republi¢ of treland, and the Companies
Act 2006. Th¢ financial statements have be¢n prepared under the historical cost convention.
INCOME
All income 15 recognised in the Statement of Finan¢iaI A¢tivities once the charity has entitlement to the fut￿$, it is
probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilitie5 are recognised as expenditure &8 soon a5 there is a legal or constructive obligation ¢0￿mittl￿g the
chaTity to that expendtture. it is probable that a transf¢r of economic benefits will be requircd in settlement and the
amount of the obligation can be rneasured reliably. Expenditure is accounted for on an ac¢ruals basis and has been
classified under headtngs that aggre¥ate all cost related to the category. Where cost5 cannot be dire¢tly attributed to
particular heading5 they have been allocated to activities on a basis ¢onsislent with the use of resources.
TAXATION
Th¢ charity ts exempt from ￿rporatiOn tax on its ¢haritsble activitses.
FUND ACCOUNTtNG
Unrestricted funds can b¢ used in accordance with the charitable obj¢ctives at the discretion of the trustees.
Restricted funds ¢an only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particulw resÈricted purw)ses.
Further explanation of the nature and purpose of ea¢h fund is in¢luded in the notes to the financial stst¢Tnents.
OTHER TRADINC AcfiviTIES
2024
21123
Fundraising events
404
977
INVESTMENT INCOME
2024
21)23
Rents received
Interest receivabl¢- trading
13.178
333
13.511
11,422
93
11,515
Page 7
continued...

BANFF, MACDUFF AND DISTRICT MEN'S SHED
NOTES TO THE FINANCIAL STATEMENTS- coNtlnued
FOR THE YEAR ENDED 30 NOVEMBER 2024
TRUSTEES, REIIIUNERATION AND BENEFITS
There were no trusiees, remuneration or other benefits for the y¢ar ended 30 Novernber 2024 nor ftir the year ended
30 November 2023.
TRUSTEES, EXPENSES
There were no trustees, expenses paid for the year ended 30 November 2024 nor for the year ended 30 Nov¢rnber
2023.
COl￿PARATIVEs FOR THE STATEMEKf OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Totk)I
funds
INCOME AND ENDOIVMENTS FROM
Donations and legacies
2,922
2,922
Charitable 8£tivities
General
1,200
1,200
Other trading activiti¢s
tnvestm¢nt income
Total
977
11,5l5
16,614
977
11,515
16,614
EXPENDITURE ON
Ch#ritable aetivities
G¢neral
NET INCOME
1.757
1,757
RECONCtLJATION OF FUNDS
Total funds brought forward
15,371
15.371
TOTAL FUNDS CARRIED FORWARD
17,128
17,128
MOVEMENT IN FUNDS
Net
movement
ill fund5
At
1.12.23
At
30.11.24
UDre$trieted funds
General fund
17,128
791
17,919
Restricted funds
RestriGied
15.500
15,500
TOTAL FUNDS
17.128
33,419
Pa8e 8
continued...

BANFF. MACDUFF AND DISTRICT MEN'S SHED
NOTES TO THE FINANCIAL STATEMENTS- colltlnued
FOR THE YEAR ENDED 30 NOVEMBER 2024
MOVEMENT JN FUNDS- eontinued
N¢t movement in fvnds. included in the abov¢ are as follows..
ltteoming
resources
Resourc¢s
expended
Movement
in funds
Unrestrieted funds
General fund
18296
(17,505)
791
Restricted funds
Restricted
33.384
(17,884)
15,500
TOTAL FUP4DS
51.680
35,389)
16,291
Corllpar8tives for movement in funds
Net
ovemellt
in fullds
At
1.12.22
At
30.1123
Unrestrleted fund$
G¢neral fimd
15,371
1,757
17,128
TOTAL FUNDS
15.371
1,757
Compar&tive net movement in fvnds. included in the above are as follows..
Incomlng
resources
Resources
expended
Movement
in fund$
Unrestricted funds
General fund
16,614
(14,857)
1.757
TOTAL FUNDS
16,614
14,857
1.757
Page 9
continued...

BANFF, MACDUFF AND DISTIUCT MEN'S SHED
NOTES TO THE F]NANCtAL STATEMENTS- continued
FOR THE YEAR ENDED 30 NOVEMBER 2024
MOVEMENT IN FUNDS- continued
A current year 12 tnonths and prsor year 12 months combined p051tion is &s follows:
Net
ovetnellt
funds
At
1.12.22
At
30.11.24
Unrestricted funds
General fund
15,371
2.548
17,919
Restricted funds
Restri¢t¢d
15.500
15.500
TOTAL FUNDS
15,371
18,048
33,419
A current year 12 months and prior year 12 months combin¢d net movement in funds. included in the above are as
follows:
IDcomin¥
resources
Resovrce5
expendtd
Movement
in funds
Unrestricted fllnds
Generdl fitnd
34,910
(32,362)
2,548
Restricted funds
Restricted
33.384
(17.884)
15,500
TOTAL FUNDS
68.294
50,246)
18,048
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 November 2024.
Pagt 10

BANFF, MACDUFF AND DISTRICT MEN'S SHED
DETAILED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 30 NOVEMBER 2024
2024
2023
INCOIIIE AND ENDOWMENTS
DouatÉoD$ and Itgacies
Donations
1.930
2,922
Other trgdlng activltles
Fundraising events
977
Investment income
Rents receiv¢d
Interest re¢etvable- trading
13.178
333
13.511
11,422
93
11.515
Charit&ble #ctivities
Grants
Tot81 incoJDing resources
35,835
51,680
1,200
16,614
EXPENDrruRE
Charitable activities
In$uraJice
Light and heat
Telephone
Sundries
Rent
Maintenance
Tools & Equipment
Subs¢riptions
543
5,615
376
1.570
200
22.420
4,321
74
35.119
493
257
1,756
10.323
1,887
25
14,835
Support costs
Governance costs
Ac¢ountancy and l¢¥al fees
Total resources expend¢d
Net income
270
35.389
16,291
22
14.857
1,757
7his page doe5 not form part of the statutory financial ststements
Pagell