MEN'S SHED KNUTSFORD

Registered charity 1208766 · accounts filings on the Charity Commission register

TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE WITHIN KNUTSFORD AREA, FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY THROUGH THE PROVISION OF FACILITIES IN WHICH THEY CAN MEET JOINTLY OR INDIVIDUALLY TO UNDERAKE CREATIVE, PHYSICAL OR RECREATIONAL ACTIVITIES, LEARN OR PASS ON SKILLS

Causes: The Advancement Of Health Or Saving Of Lives · Disability · Economic/community Development/employment · Recreation · Other Charitable Purposes · Get email alerts

Latest income
£187k
Latest spending
£6k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated unrestricted funds of £181,145 at the period end, derived primarily from donations and a £140,000 loan waiver. However, the charity holds significant non-current liabilities of £280,000 in unsecured loans from related parties, resulting in net current liabilities of £106,175. The trustees confirm adequate resources for going concern, but the entity relies heavily on trustee lending to fund its fixed assets and operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient reserves to support ongoing activities and operational costs (held: £181k)
The trustees aim to maintain sufficient reserves to support ongoing activities and operational costs. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from trustees
During the period, the charity received funding from trustees in the form of a loan totaling £560,850. During the period, £140,000 of the loan was formally waived and recognised as donation income. At the period end, the outstanding loan balance was £420,850. — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £550k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cheshire East

Income and spending

Financial year endIncomeSpending
01/07/2025£187k£6k

Common questions

Is MEN'S SHED KNUTSFORD financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated unrestricted funds of £181,145 at the period end, derived primarily from donations and a £140,000 loan waiver. However, the charity holds significant non-current liabilities of £280,000 in unsecured loans from related parties, resulting in net current liabilities of £106,175. The trustees confirm adequate resources for going concern, but the entity relies heavily on trustee lending to fund its fixed assets and operations. Its FY2025 accounts were independently examined.