RF.(-I%T&"RF.D CHARITY YUMBER.. %()051020 K¢ rt of thc'l'rusices and Ilnaudiicd Financial Sialemen￿ for the YLaT l.nded 30 Jun 2024 Cumnock L. l)isirici MLn's Shed WR Accountanis Bank Chambcr5 i I 'fhe Squar¢ CumnLKk Air%hirc KA18 IA Cumnock & l)istrici Min'5 Shed Coni¢nls of lh¢ l.-inancial SialLmcn15 for Ihi Year T.'nd¢d JO Jun¢ 20?4 Rewrn olthe'l'rustees Indepcndeni F.xaminerfs Repon iatcmeni of l.'inancial Aciiviiics IlaldnLC Sh¢cl Nolc% 10 ihc Financial Siaiem¢nts Deiailed Siaicment of Financial Aclivilics cuMn￿k & Disirtct Men's Shed Re rt of Ihe Tru51ees for ihc Ycar Endcd 30 Junc 2024 "I'hc Inisiccs PlL5¢ni their rLwrl ii'iih ihc financial siaiemcnts i)r ihc chariiy for the year ended 30 June 2024. "I'hc trusiees havL aduplL4J lh¢ provjsions of Ac¢ouniing and Reponirhg b! C-hariljes.. %ialcmcni of RLci)mrnLndcd I'TaLIIC¢ 41pplicablc ILI charities preparing Ihcir accvunis in accordance *iih ihe Financial Rcporting %iandard appliclible in ihL IIK and Rcpublic of Ircland IFRS I O?) leff¢clive l January ()11.IF.CTII'Tr.4 D ACTIVITIfr'4i l)hje¢lii'es anil #im5 Q'ridlinb. dLvil£ipingT. and maintaining a lacilit), bdscd on a Communil}' %h¢d miNJcl. 'l-hL divcl()pmcni of IhL Jssci dt 39 11orthill Road. Cumnock is bcing dclii'cr¢d in Collaborative M'ith anoihcr local charil) I'l'hL NL.%i W¢llbL'ing (Iruupl. "I'hc building th'ill bc homc io a ne￿ shared crcaii*e thLllheillg %pac¢. 'I'hi% projcci will Liii(iurdSIL local pLI?pl< in Cumnock and ihe surrounding area io meei iog¢thcr and participating in CTcathi'c aciiviiy. Alihough ihc chlirity s nam¢ currcntly suggests li only supw)ns'rncn'. th¢ cr¢aiiv¢ space ihai is develo￿d will oplrdie i)n dn dll-in¢lu5ivL hd815 ￿ Ith boih men and ￿￿Men ¢ncourdged to join as members. 'I'hr(?ugh Ihi5 cullaboTalive wtsrk wc (iiin io otT¢r opponunilies f4)T people in Ihe Cumno¢k and 5umundin8 arca to mcffl and und¢rtakc crc8live. ph}'5ical. piirpi)8cful. and rLcr¢aliLinal acliviliC% of their choicL. r¥duLL l%l)Idti()n ()l-p¥uple in ihc arLd Ihus c()niribuiing io ihcir ph%sical and mental wellbeing. dLvclI)p ihe Ldpacit) of pcoplL in ihc L umn(Kk and s￿￿ounding arca and cncouragc Ihem 10 Share ihcir skills anil knowlLdbi with ()¢heTS in ihc ci)mniunii¥. L TLJl¢ diid pri)% idL d %af¢. fTILndl>. and inLlusiv¢ environmeni *.h¢r¢ wwl¢ can mcci and ￿Ork on mcaningful projcLIs. %OLiJli%L, liam iind shdre skill%. In lh¥ pLri(Id unilLr rLViCW the (ollowing aLiivilics werc rccogni5¢d. 'I'hc pri)j¢cl 841illLd thc rcquircd planning and buildin& cons¢nt5 for ihc renovAiion WOTk of'ihc as￿1, (341 Ild￿h111 Riiud, C'uiiiniiLk . (-c)rninunii! As%LI I ranifLr l-.&sl Ai¥%hir¢ C'vuniil April ?0!! RLn(Trvalions (?n sill whi¢h %upp()riLd lh¢ 4lbJrecd %ta&ve l ¥apildl *'vrk. 'll)is stagc (ocuscd on making'ihc a%sei' ih wind aiid ￿￿IlnIg1hI Mhich included ihc roof hcin¥ rLplaccd. s1￿clural ¥%'ork carried oul. nem door%. windows and Lloddingt bling installed. 'I'hL bbr(iup rLLI)&tni%cd (hc imponancc of partn¢r5hip working and creaicd a key alriliation wilh anoihLr local charil>' i-l-hc NL%I W¢llheinb CJroup.I 13oih chariiics ha%L agrecd li) d¢%'clop 'ihL a55ei' M'iih Ihe aim l() buildinbT 41 new credllV¢ WLllb¢inbT spaiL. l.'urthLm?or¢. 5harL rcspon%ibililies for sUp￿rting and InandbTinu ihc miTrvhiib fiin%4Td%. 'I'hc pr£)ject %¢iurcd rapiial funding based on thc affiliaiion and sh&irLd Ni5ion around lh¢ ne￿ r(IinmunilJ SPJCL. l.uiidiiibl Wi15 JwdrdLd Irom varivu% slrcam% io help thiih ihe upgrading of thc buildin8 Ic.g. 9CC Communiiy Fund. RLnLwJhl¢ l..llcrb) F"und. Plaic Ela5L In%¥stmLni l.uTrdl. I"hL 11()ard ()I' I'ru51ei% agrcc Ihai incmbcrship 4hiiuld bc open to boih m¢n and Moman and amendld ihe C'vn%iiiulion ic) ci)mplemLni dnd dcm(Inslratc a comrniimLni lo￿ald ihis. li M'as abfLLd Ihal Ihc hr(iadcr Qomri)uniiN Shed approaLII. raihcr Ihan jus1 a %PaLL solIlN for men. would h¢lp promote a m()r¢ inclusili Lnviriinrncnt. I IoML%Lr. il rcLllbblll4LLI IhJi men Iiill nLid %c)rnc rin¥f¢nccd iimc lo work IobTcihLr and mor¢ focus%¢d scssions would h¥ cslahli4h¢d ￿h1. Cuiiirii)¥k & l)1siri¢l Men's Shed Iihe Trusil lor the }ear indid Juni 20?4. Rc5p(>nsibklilics and hails of reporl Ihl ihdriii irusliL% ol Ihc "I"TU%I )'ou arc responsiblc for lh¢ preparatiun of ihe account5 in accordance with th¢ rLquifLmenis of the Chdrilie5 Aci 2U I I I'ih¢ Acl'l. I rewn ill re5￿cl of m% ¥KLlmiTiJiiI)n i)f IhL fru>l'% Jcrounis Ca￿lCd ()ut undLr %¢ciion 14$ ofihe Act and in Cdrr%'ing out my Cxciminaliun I hav¢ folluii'Ld itll iwpIiLdbli DIrnLiions 8i¥en b%. Ihc C'hJril) ('offltnissiwi undLr S¢ciinn 1441$ Iibl of Ihc Acl. Ind¢t￿nden1 f xAmin¢r'5 St*i¢m¢nl I hEiVL iiiiiipILILd mi. L.ianiiiiJiiiin I confimi ihal no ma¢¢rial maiiLl% have com¢ lo m> altcnti(>n in connL'LiiOTr wilh ih exaniindlil)11 g)i%'ing mc CilUSL 10 believe ihut in maierial r¥spLiI." dLiuunlin¥ rL'iord5 iILr< niil klpi in res￿¢1 of ihl "I"ntsi as rryuirL.d bj Sctiion 130 of ih¥ Aci: OT thL d¥iouril* d() not 4lLL()Td wilh ihi)s¢ r¢Lvrds: or lh¢ dLL()unii do noi Compli wilh IhL applicdblc requircmcnis conccrn)nbD lh¢ fomi anJ LUIIILnl ol'a¢counl% sLI in ihL LhdrillL% IALLounls and RLfA)rl%l K¢¥uldli()ns 7008 oih¢r Ihjn TLquirLmeni thdl th¢ a¥cDunis &iVL d true and lair i'iLW whLLh is noi a iT)iill¥r consid¢rd parl ill an indlkwndinl exdniinaii()n. I h￿11.￿ 11(? L()IILLm.s and havL Ll)In¢ dcro%s no i)thL'r iiiattcrs in connLLiinfh V4iih lh¢ c¥aminalii?n io which aiicnli()n should hc (Ir¢iwn in Ihi% r¢rxirt in vrdLr lo cnahle a prupLr uiidirslanding? uf the aiL(iunis io bc rLaLhLd. Iliiiik I'hanibL'rs 31 '1'hL Squdr¢ Cuinno¢k A￿lIhir¢ KA18 IAI. 18 IX.cembcr 2024 Page 3 Cumnock & l)istrici Mcn'5 Shed Sidicmcnt of Financial Aciiviiics for Ihc Year F.nded 30 Jun¢ 2024 30.6.24 30.6.73 Toial Unrestricied fund Resirici¢d funds runds Noies INCOMF. AWD F.ND()WMF.YTS FRC)M 62 88.200 88.?62 15.4¥1 F.XI>Tr.NDITIIRF. ON Fiai5ing funds 43 Ch4rilable artii ilirs M¢n5 Shed 25.623 2.S.623 8,071 (hhcr 64) 643 Total 26.266 26.266 NTr.T INC.()Mfr: 62 61.934 61,996 7.367 RF.(-()NC'II.IA'I'I()N ()F Tr UNI)* 'I'()lal 1.unds broubThi Ion*4ird 84,248 84.328 76,VO I Tq)T AL Tr IINI)S CARRlb.l) Tr()KWARI) 142 146.182 146.-124 84.-1?8 The notes fonn part of these flnancial siatemen Pagc 4 Cumnock & l)istricl Men's %hcd E4dlance ShLLI .iU June 2024 306.24 oial jD.6.13 L'nresiri¢ied fund R¢sliicltd funds FIXF.D A%SF.TS 140.4?8 140.4?8 20,669 CI:RRTr.YI' A55ET (.'Jsh iii bank 142 5.896 31.4UI 142 5.754 NTr.T CIIRRTr.N'f ASSTr.TS 142 5.7$4 -S.896 I,IAIIILITITr' 142 146.182 84.328 142 146,1112 146.-F24 b'i1￿￿ 142 146,187 ¥0 Rt%iriclcd lunds 'r()T Al. Tr-11 Nl) 146,324 %4..128 l.hc finanlidl %ialLmLnis w'trr approvcd bv ihe B(Nwd of .1 rusltts auihorised fi)r Issuc iin l % I)CLemb¢r 2024 and 'ere signed on lis k.half by.. Thc nnies fomi part of ihese financial aaictnLnL% Page S LuTnnoLk & l)i%iriLI Men's Shcd Ni)tCs 1(b Ihc l.-indiicial Sidieinen15 for ihe Yciir F.Iid¢d JO Juiic 2024 ACC()UNTINC' I>()LI(.'ITr:S B#si5 of pr¢p9riTh% the finaTbcial stattment5 L¥()rddnLL with IhL Lhdriiic% %L)RP II.'KS IU21 'Accoiinlin¥ and Repi)riinb bl, L'liariiiLs'. SiaiciiiLnl i)I' RccominLtided I'rdclicL (IppIicdblL 10 ch havc been allocaicd to aLiivIIIL% on a bd%i% L(Tr115isl&lll with ili¥ U5L III. rLSLiufLI%. I'yiikvihli filed )LpfLLlILliiiii 1% priividLd al ihL l()11(?winbl dnnual rJl¥% in ()rdcr its WTilc on. Lacli a5%LI nv¢r eslimdlLd useful I'li¥ Llidrily is excmpt from tax on 115 chariiable aLiivIIi¢s, Trund #ccihiinliiikp IliirL%iriil¥d IuTid% Lan bc used iii ilLLorddncL wilh IhL chariiciblc vbjLLliVCS al the di5cfLiion i)f ihL Iru%lcLS. l.'urthcr cxplandti(In trl'ihl naiurc dnd purp()%c of cach fund 1% illLludLd in ihL iii)ILS l() Ilic finiillLi411 4liilLIiiLnls. RAl%ilN(; TriINI) InTrc4lmerht manygcmcnl cost5 30.6.24 30.6.2.3 ImpaimiLni Ios5C5 43 Pagc 6 coniinued... Cumnock & l)islrici MLn'5 %hLd N()les lo Ihc Financial StatcmLnis- coniinued fi)r Ihe Year l-.ndLd 30 June 2024 TRIISTF.F..4' RF.MIIN FRATIQW ANI) IJF.N Tr. b IT 'I"heTC werc no Iruslc¢s' remunerlilion or othcr bcnclil% for the s'car endLd 30 Junc 2024 111)r for IhL Ncdr Liidcd 3a Junc 2023. Tru%lees' cxp¢nsc5 I"hcre theT¢ no Irusices, expense5 paid for ihe year ended 30 June 2024 nor for the ycar cndLd 30 JunL 2023. C'()M PAHA'I'IVF.% Tr()R TII F. .%TATTr' MF.NT ()b FINANCIAL AC'-I'IVI'I'ITr: lund Rc8iricied ToiAI INC'()MTr. AND F.NI)()WMTr'NTS Tr-KI)M l)illldlions and IcgaciL% 1.003 14,478 15.481 Tr'.Xl'F.N I)I'I'IIKTr. ()N 43 923 7.148 ¥,071 TiTrt#l 923 7,191 NTr'I' INC'()M F. 8(1 7,287 7.-167 KF.C'()N('II.IA'I'IIIN ()Tr Tr'IINI)F 76,iP61 76.961 T()'T AI. Tr IINI)% ('ARRITr.I) b'llllWARI) 80 84..j?11 1'ANI:I111.b: F'IXF.I) AS**F.I'4i ImpTovcincnls l.'ixlures propcny 'roldls Ai l Jvlj 2023 Addiiii)ns 2.1197 1().$59 20,752 107.h117 2.235 AI 3U lunl 2024 126,262 2.235 l)Tr-.I'R Tr.I-IA'I'I()YI Ai I lul), 21123 83 418 ¥.1 64? 24 AI 30 June 2024 224 $01 725 NTr.T H()()K VALIIF. Al _TrO Juiii )n74 126.2fi2 140.428 AI 30 lunc 2023 18.055 2,014 20.()(19 Page 7 coniinucd... Cuillnock &. l)i5triLI Mcn'5 ShLLI N(Iies 10 thc Financial Siatemcnis- eontinucd_ lor ihe Year l.-ndcd 30 Junc 2024 DF.IJI'ORS: AMOUNT% frALI,IN(: DUF. WITHIN C)NF. YF.AR 30.6.23 Tradc dcbiors 32.258 M()VF.MENT IN FUND Net moNLIIILni In lunds At iO.6.24 Ai 1.7.23 Unrc5tricted (unds ticnLfdl lund 80 62 142 Ri'strictcd funds ShirL I Iouslll¥ 5.851 -S.220 13.177 50.000 10,000 14781 79 5.373 S.299 13,177 105.980 9,766 6,587 CVI) l..d51 Avrshirc P14LLL Ilascd InvLsimenl fund "I"Nl. C'vmmunilN' Funds 9CL (Iroup 55.980 12i41 84.248 61.9i4 146.182 T(TrI'AL FIINI) 84,328 61,YY6 146.324 Nei inovement in funds. included in ihe abi)VC Lire as follows: Incoming rcsources Resources exp¢ndcd Movemenl in funds Unrc5trirtcd funds GLnLral fund 62 62 Hestricted funds hirc Ilousin Ci)rra PlO {7.1421 4.478 1491 5.8.$1 5.220 13.177 50,000 10.000 i 0.000 76.961 7.287 84,248 T()TAL FIINDS 76.961 7.367 84.328 Comparaliye net movem¢nt in fund5. included in ihe a￿¥¢ are as follo￿$." Incoming resources Rc50urces expLnded Movem¢ni in fund5 Ilnrestri¢l¢d funds (JLn¢ral lund I,OOi 80 Restrhctrd fund5 hiri Ilousing C'orra CVI) F.a5t Ayrshire I'NI. Community. kunds 17.1421 {7.1421 4.478 1491 10.000 4.478 1491 10.000 14.478 7.287 TOTAL Tr"LND 15.481 7.367 Page 9 coniinued.- cumnock & l)istrJLt Mcn's ShLd Noies io ihe F inancial Siaiem¢nts- continued for Lhc Year F.ndcd 30 June 2024 M()VF.MTr-NT IN FIJTr4DS - continued A curreni *¢ar 12 monihs and prior >'ear 12 Tnonths ¢ombin¢d p05iiion is as follows.. Net mo&em¥nt in funds Al 30.6.24 Al 1_7_22 Unre51ricied funds Genero1 fund 142 142 Restrhcted funds ghirc Ilousing Ci)rra CVO l.-&%i AiTshir¢ Placc 14&scd Inl'esimeni Fund I'NI. C ommunity l-.unds 9CC Group 12.993 742 17.620 4.557 (J91 54.980 9.766 6.587 $0,000 105.980 9.76 6,-$87 76.961 146.182 TOTAI. FUNDS 76.961 69.363 146.-324 A Cu￿¢￿1 year 12 months and prior lear 12 months combined net mov¢meni in funds. included in ihe abov¢ are as lollows= Incomin8 re50u￿c5 ResouT¢CS ex￿rtd Mo%cment in funds Unre%trictcd fund5 General fund 1.065 (9231 142 Re5tricl¢d (und5 ShirL I lousing Corra CV() I:a51 A%rshiTC Place Ilased Invcstmeni Fund "I-NI. CominunitN' Funds 9CL (iroup (7.6?01 17011 1491 (19.6121 12331 15.2421 17.6201 4.557 149 S.258 75,592 9.999 11.829 9.766 6.$87 10?.678 {3i.4571 69.221 TC)TAL FUNDS 103.143 li4.i801 69.i63 Page 10 colltinucd... Cumnock & District Men's Shcd Noi¢s to ihe Financial Siatcmcnis- continued for IhL Ycar Ended 30 June 2024 RELATF.I) PARTY DISCI.n%URF.- There were no related pam Lfdnsaciions for the l'ear ended JO June 20?4. Pag¢ll Cumnock & District Men's Shed l)ctailLd 51otcrneni i)f Tr'indncial A¢livi!ies ror ihc Year F.ndcd JO June 2024 30.6.?4 30.6 23 lTr*CI)Mfr. AND F.NIM)WMF.NTS Donatlolls aniy legacit5 -$0 88.201 (Jran15 Oihcr incomL 15.477 88.262 Tot*1 incornirtR resourcc5 88.?62 15.481 F.XPF.NI)ITUItF. InTrc5tmtDt m*rtARcmeni ¢osIs IinpJirrnLni1055cs lor iniangible fixcd assets 43 C.-h¥ritahle Ac¢ivilie Reni. rd1¥5 and waler In%vTanLL .ibihi drid hLai %undriL K¢pJirs rencw'dls 1.484 58 uppiirt ¢(i*l% 576 104 SundriL% Plilni Jnd machincry 2?4 419 643 630 Inf()rm#tion tcchn(Jlngv (J(bicrn4ncc cns1$ 4.Y66 4x0 I'otal rL%iTrurccs exkxndcd 26.266 Nci intomc 61.996 7.367 This page d(Ks noi form part of ihe 51atuior)' financial 51aierncnis Pag¢ 12