LOssIEOuTH EN'S SHED ESTD 2023 Lossiemouth Men's Shed SCIO Annual Report and Financial Statements For the period from I" January 2025 to st 31 December 2025 OSCR Registered scio SC052456 Scottish Charity Regulator www.oscr.org.uk Page l of 15
Trustees. Annual Report For the period from 1st April 2025 to 31° December 2025 The Trustees have pleasure in presentingtheir report togetherwith the financial statements for the period from I" April 2025 to 31st December 2025. Reference and Administrative Information Charity name.. Lossiemouth Men's Shed scio Charity number: SC052456 C/0 4 Lesmurdie Place Lossiemouth IV316AQ Address: Current trustees Office Bearers Chair David Walker Vice-chair Bill Tweddle Secretary Ron Burges Treasurer Charlie Parsons Rodney Ainsworth JamesAnderson Paul Jewell Chris Matthew Alan Mcintosh Rab Russell Trustees Page 2 of 15
Structure. Governan and Management Constitution The Charity is a Scottish Charitable Incorporated Or8anisation {SCIO). It was re8iStered on 4 April 2023. It has a single tier structure and as such. the trustees are members of the charity. Appointment of Trustees Trustees are elected at the Annual General Meeting which is held in February each year. There must be a minimum of three and a maximum of ten trustees. Objectives and Activities Charitable purposes The purpose of the organisation is to provide recreational facilities and advance the social needs. health and wellbein8 of men of al 38es and back8rounds living in Lossiemouth and district. by: a)Creating, developin& and maintaining a facility. namely a Men's Shed. b)Offerln8 OPPOrtunlties for men in the Lossiemouth area to meet and undertake creative, physlcal, purposeful, and recreatlonal artivlties of thelr choice. c) Reducing isolation of men in the area thus contribulin8 to their physical and mental wellbelng. d)Developing the capacity of men in the Lossiemouth area to share thelr skills and knowled8e with others in the community. Activities Los5iemouth Men'5 Shed welcomes all men aged 18 and over to Joln our communlty. We're open on Tuesday mornin8s. Thursday evenin8s (except durin8 the colder winter monthsl, and Sunday mornings-perfect times to enh)v a cup of tea or coffee. biscuits, and a friendly chat. Our shed is equipped with a variety of W)d-WOrkIng tools and equipment for members to use, and we also have board 8ames ready forthose rainy days when you just want to relax indoors. 11 Thi5 year, we kicked things off with several exciting firsts: our very fbrst Burns Night celebration. the Hub's inaugural event for an external group, and a memorable moment Page 3 of 15
seeing a certain Yorkshire man dressed in full regalia! The evening was a fantastic success. with everyone enjoying themselves. The Community Hub in Lossiemouth also took the opportunity to softly launch their new meeting space and kitchen facilities. which were met with appreciation from all who attended. At Lossiemouth Men's Shed. we believe in looking after each other-not just with good company and plenty of tea and biscuits. but also by sharin8 helpful information. This year, we were delighted to welcome Jill and Debbie from NHS Grampian, who gave an engaging talk about Abdominal Aortic Aneurysm Screening. This important health check is offered to all men over 65, and their visit helped raise awareness among our members. Thanks to their presentation, we discovered that one of our shedders hadn't yet had the screenin& and we were able to quick arrange an appointment for him the followin8 week. It's just another way our Shed supports the wellbein8 of everyone in our communitv NHS This year brought an excitin8 opportunity for Lossiemouth en's Shed. as we were chosen to be one ofthe charities supported by Roseisle Hall. Durin8 our time at the hall, we met Steve, a local speaker with a passion for sharing fascinatin8 Stories. Steve kindly agreed to visit our shed and delivered a captivating talk about Shackleton's ill-fated Endurdnce expedition, which drew a full house and sparked plenty of interest amon8 our members. The event was such a hit that when Steve returned to speak about the opening up of the North-west Passage, we had to move to the Communtty Hub to accommodate an even larger crowd of shedders and guests. These tslks not only entertained and infonned but also helped strengthen our sense of communtty. bringing everyone together to learn and share in memorable experiences. Page 4 of 15
The Shedders kicked off their day with an exciting visit to the RNLI station in Buckle, where they had the chance to explore one of the lifeboats and learn more about the vital work carried out by the RNLI team. To show their appreciation. the group made a small donation to support the charity's life-savin8 efforts. Afterwards. everyone enjoyed relaxing lunch together at a local café, sharing stories and good company. The day continued with a stop at the Buckle Men's Shed, where the Shedders cau8ht up with fellow members and saw firsthand the progress bein8 made on refurbishin8 their new shed. It was a wonderful opportunity to connett, exchange ideas, and celebrate the spirtt of community that brings all the sheds together. This year. our Shed community came together to support a very special commemoration in Lossiemouth. One of our member5, neighbours had lived near the house that was tra8ically damaged when a Wellin8ton bomber crashed just after take-off. 80 years a80. With help from the Shed and the RAF. a heartfelt service was organised at the site, brin8ing together Shedders, service personnel. local residents. and children from the primary school, who laid tributes in memory of those affected. Of the family of eight who lived in the house, only the father and daughter survived. We were honoured to be able to contact the family of the surviving daughter. and thanks to modern technolo8y, they were able to watch the commemoration online. It was a moving occasion that showed the stren8th and compassion of our community as we remembered and paid our respects. Page 5 of 15
Thanks to our location, many of our Shedders are proud ex-servicemen. which helps create a strong sense of camaraderie and shared experience within our group. This year, we've been delighted to strengthen our relationship with RAF Lossiemouth. We were invited to take part in the Station Friends and Family Day a fantastic opportunity to showcase what the Men's Shed is all about. During the event. we enjoyed meetin8 servlce personnel and their families, sharing information about our activities, and selling some of the unique craft items made by our members. A highlight for many was the chance to meet members ofthe Red Arrows. adding an extra touch of excitement to an already memorable day. These connections not only help us reach out to new members but also reinforce our commitment to supportin8 the local community and those who serve it. This summer. RAF Lossiemouth had a visit from the King. To mark the occasion. the base commander requested a unique rnemento with local significance. The Shed was delighted to help by crafting a bottle and glass stand using wood from the old Lossiemouth Bridge. It was a wonderful way to celebrate our community's heritage and contribute to a memorable event at the base. In the autumn, our Shedders enjoyed a memorable visit to the Moray Motor Museum in El8in before it closed for the season. The trip was a wonderful chance to reminisce about classic cars and share stories of vehicles owned in years gone by. After exploring the museum. everyone gathered for a relaxed meal at a nearby restaurant. making it a day filled with good company and fond memories. Pa8e 6 of 15
The final outing of the year was a memorable trip to Fort George. sparking fond memories of rnilitary service for several of our Shedders. Everyone enjoyed exploring the Hi8hlandeTs Museum. whith is the lar8est military collection in Scotland outside Edinburgh and offers a fascinating history of regiments from post- Culloden times to the present day. The day was rounded off with a relaxing visit to the excellent on-site café. where everyone enjoyed good company and refreshments. Refreshments is an important part of life at Lossiemouth Men's Shed. This year, our Shedders were delighted to SUPPOrt the charity curry night organized by the Community Council, helping to raise funds for local community projects. It was 3 great opportunty to enjoy a meal tO8ether while makin8 a positive contribution to our town. One of the community events run by the Communlty Councll is Soup and Sweet. As this is used by a number of Shedders a donation was made towards its running costs We're proud to support our local community in many ways. This year, our Shedders built additi{31 planters for St Geraldine's and created stora8e solutions for SurfABLE, a charity based in Lossiemouth. These projects strengthen our connections with other local groups. makin8 a positive impact for everyone invofved Page 7 of 15
Once again ouryear was rounded off with a Christmas Dinner We are a member of the Scottish Men's Shed Association. which provides inforn)ation, guidance, ideas and resources. As a member of the Association we have attended quarterly meet ups of Moray sheds. Financlal Revlew Our shed has been a massive success with membership currentky stsnding at 40 members of these 40 member around 25 regularty meet at the shed and go on activities. Lossiemouth FC kindly allowed us to use their.pie shop- and hospitslity facilithes. take over and refurbish their old groundsmen's Store to use as a workshop and site a container at the ground giving the shed a brilliant start. We're thrilled that our Shed community has grown so qulckly. even if it means we've rtgrOWn our current spacel This year, we've been actively exploring new options to gi* everyone more room to enjoy all that the Shed has to offer. We are sincerety grateful to the TSI Moray Communities Mental Health and Wellbein8 Fund for their continued support of our operational costs In 2025. This fundin8 h35 been essential in maintaining our activities. This year. for the first time, we were able to appty for grants covering both 2026 and 2027. In December 2025, we submitted an application for funding for both years. However, in February 2026. we learned that our application was unsuccessful. While we are eligible to reapply for 2027 fundin& the new twcpyear funding approach means that a Significant portion of the 2027 funds has already been allocated to successful applicants from this round. The remaining funds are now restricted, making it unlikely that we will secure funding for 2027. Page 8 of 15
Given this development we must reassess our financial strategy. The absence of confirmed funding for 2026 requires us to identify alternative sources of financial sUPPOrt and to adjust our operational plans accordingly. Our immediate priorities will focus on protecting and optimizing our existing financial reserves. artively pursuin8 new fundraising opportunities. and exploring grant options from other or8anizations. The Trustee's policy is to retain 12 months, worth of normal running costs in order to meet commitments and to cover any unexpetted expenditure. Given our current fundin8 Situation we need to consider a two year period when looking at reserves. Our unavoidable costs are £2025 per annum. Allowing a contingency £475 for overruns and other items would give an annual total of £2500. Retaining roughly third of our current reserves would be sufficient to give us certainty for the next two years, whilst still giving us a working balance to be used towards the new shed. Utilities- Electricity. Phone and emall 7) Insurance Bank. Card and audit fees SM&4 membership 25 Totsl UnidatIe c¢tts 2025 We were able to refresh our workshop equipment in 2025 so we are not expecting any significant expenditure in this area. makin8 the £25 achievable. We currently only run one restricted fund, which is the tea fund. which covers tea. coffee and biscuits along with Buttie Sunday, the Christmas meal. and, Burns Supper. This fund is reserved for events open to all shedders at no charge. It has always maintained a healthy balance, independent of grant funding. ensurin8 these important features will continue. We a150 believe that we will be able to fund an additional Thursday day time Se5sn in 2026 from the fund. This will allow Shedders to spend the mornin8 in the shed and follow it with lunch at the Soup and sweet. This year we managed to increase our fund raising activities. In addition to stalls at our two main events, the Lossiemouth summerfun day and the Lossie Christmas market. We, as previously mentioned had a stall at the RAF Lossiemouth Friends and Family day OSSIEMO Page 9 of 15
We were also selected by Roseisle Hall as one of the three charitie5 they would SUPPOrt. This allowed to have a stall at the hall four time this year. Selling w(xxl- working items produced by our members at all the events along with some requests for custom items. 2QOL**ff 1015 In October we were informed that we had been selected as one of the Coop local causes for 2026 which will be great start to next year's fund raising activities, which will need to be more focused as the shed has just been offered a lease on some land suitable for a new Shed. CHOOSE US ASYOUR UICAL CAUSE anilw C04JP Page 10 of 15
Lossiemouth Men's Shed - SC052456 Receipts and payments accounts tst January 2025 to 3tst December 2025 Statement of receipts and payments Total lunds wrrent Restrlcted funds Total funds last period lunds to ne•rest to nearest to nearest Recelpts Donations NLtel 2022 9330 1222 3244 9330 1928 Grants Receipts from fundralsin8 activities Income from investments other than land and buildin Total Recwpts Nrte2 12362 2069 rte3 14930 1222 16152 16359 Payments Expenses for fundraisin8 activities Payments relatin8 directly to charitable actbvilies Grants and donatlons Governance costs: 55 11877 55 12899 15 e4 1022 7255 es 75 Audit l independent examination Other 25 12107 25 13129 25 7370 Totolpoyments 5urplus/(defidtlAw yeor 1022 2823 2Tr) 3023 8989 Statement of balances Total fvnds Unrestrlrted fvnds Totsl lunds last perlod nds Cosh Funds period io nearest to nearest to nearest Opening Balances SurpluslDeficit for year Closin8 Balances 12933 260 13193 4204 2823 3023 8989 15756 16216 13193 Represented bv Bank - Current Account Bank- Deposit Account Cash Gift Card li 12784 14951 74 350 59 16216 13193 Page 11 of 15
Notes Totsl funds current lod to Iiearest to nearest to nearest to nearest Unrtstrlrtul Restrlcted funds funds Totsl funds last perlod l Donailws recel¥ed Roselsle Hall Rotary Club of El8ln Halrforce Charity Raffle MR Moto- Poker Run O Ross MP Lossle Hlgh YPI Losslemouth Communlty Councll East Beach Nursery Other 358 358 233 250 233 250 870 ILKS 1223 2022 1223 3245 1928 Total lunds rrent perlod Unrestrlrt¢d Restrfctsd fvnds nds Total lunds It 2 Grants TSI Mor•y Cleanlng Hostlng Expenses Insurance Men's Shed Clothlng Refurblshment- Db5abled Tollet Refvrblshment- Soclal Are• Rent Repairs- Soclal Area Replace Workshop floorln8 Stationary Tools ' Consumables ' Travel 3(Th1 3LK) 430 430 9C(I 430 700 1432 21(Xl 35Q) 351x1 7(L).(x> 7(X) 8CIJ 8330 Total grani from TSI Morav 8330 12362 Lossiemouth Bus Trust for tools Total Grants 9330 9330 12362 Tools and Consumables merged In 2025 grant applicatk)n Page 12 of 15
T¢Xal Total funds last period furyls 3 Income from In¥esbnwts other k•xl •)d lddI% Bank of Scotland Commercial instant Access knount 98 Total Total funds last perlod funds current 4 Payments relatlry dlreth to th¥lt4)le acll¥ld to nearest to nearert to nearert to nearest Bank and Card Char8es Cleanin8 Equipment Hosting Expenses Insurance Men's Shed Clothing Refurbishment- Dbsabled Tollet Refurbishfflent- knial Area Rent Stationary Tea Fund- Expenditure Tools & Consumable5 Travel 24 160 24 160 2128 310 293 112 302 426 995 302 426 995 15(X) 151KJ 57 534 2538 1022 1022 5828 198 660 5828 198 638 11877 1022 12899 7255 Total Totsl nds lart perbod nds fvlS current S Oonatlon to nearest £ to nearest to nearest to nearest Chrlstmas Presents Soup & Swed run by the Lossiemouth Cunmunity CwKII. A communlty resource used by a number of shedder5 50 i¢J) 50 Nature and Purpose ol fvnds Unrestritted funds are those that may be used at the dlscletyon of the trustee5 in furtherance of the objects of the charity. Restricted funds may only be used for a Specific purpose. Reslrnti arise when spec4f*d by the d(Or or when the funds are ratsed for a specific pwpose. Durlng the peth(Kl we e1ved donations of £1022 forthe-Tea Fund- This fvnd is used to provide tea. coffee and biscuit5 along with 8uthe Sunday, the Christmas meal and Burns Supper. The criteria 15 that the fund should be used for events that are open to all shedders to attend Witho tharge. Page 13 of 15
Independent Examiner's Report to the Trustees of Lossiemouth Men's Shed I report on the accounts of the tharity for year ended 31 December 2025 vthith are set out on pages 11 to 13. Respectlve responslblllties d trwlees and examln•r The charitys trustees are responsth for ts rxeparation of the accounts in accordan with Ihe terms of the Charities and Trustee Investrrent (ScollavKI) A(# 21XIS and the CharItS Accounts {Scotland) RegulatnS 20( (as arrded) charity trustees conswjer thatthe audit rewirement of Rewlalion 10(1) (d) ofthe 20{ AC(unts Regulations does not appty. It is my responsibilty to exami the acccKmts as fequired under section 44(1) (c) of the Aci and to state whether particular matters have fx)me to my attenb'on. Basls of Independent examIne9 $tat•ment My examination is Carried in accordan wtth Regulation 11 of th8 2CK16 Accounts Regulations. An examination indude5 a revw of the arting rerdS kept by the charity and a MpariSOn of the accounts presented vAth those reCd$. It also incIje$ COnseration of any unusual items or disclosures in the accounts. and seeks explanations from the trustees cOnmIng any such matters. The procedures undertaken do not provide all the evidence that Wk1 be Tequired in an audit, and consequently I do not exw an aslI opyiion on the VI gIn by the accounts. Indepondent •xamlnefs •tatement In the course of my examination. no matter has tsxr to my allention which gives me reasonabk8 cause lo believe that in any material respect the requirements.. to keep a(Lountsng records in accordan with Sectsn 44(1) (a) of the 2005 Act and Regulats. 4 of ts 2(#)6 Accounts Regulations to piepare aco)unts vthich ac(rd tre aCtnI11g records and compty with Regulation 9 of the 20thS Accounts Regulalions have not been fret, or to which, in my opinion, attention should be dra in order to enable a proper understanding of the accounts to be reached. Name.. Sfrtwwk Relevant PrOfessial walffi(xonlprofesswl bth.. Address. i 8 PITGfivEfvY STILI_T LOIS IL thouT Date: 11/0sii6 11E IPltgaveny Btreet IOSSIernoUth Dray IV31 6NT I:)1343 814224 Page 14 of 15
Approval and Slgnature The trustees declare that they have approved the trustees. annual report and financial statement5 for the year ended 31st December 2025. Sl£ned on behalf of all the charity trustees: Trustee Name.. Obarles Parsons Signature: Positlon: TreaSUr Date: Page 15 of 15