MEN'S SHED KNUTSFORD
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
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.
What the accounts disclose
“The trustees aim to maintain sufficient reserves to support ongoing activities and operational costs.” — page 4
“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
Property (HM Land Registry)
Trustees
- Peter Coanchair
- Anne Christine Gray
- CHRISTOPHER ROBERT GRAY
- Jonothan Wells-Bradshaw
- Michael John Houghton BA Hons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.