## **Trustees' Annual Report for the period** Period start date Period end date 1 April 2021 31 March 2022 **From To** Section A Reference and administration details **Charity name** Men in Sheds MK **Other names charity is known by** **Registered charity number (if any)** 1156425 **Charity's principal address** 30 Burners Lane Kiln Farm Milton Keynes **Postcode MK11 3HB** ## **Names of the charity trustees who manage the charity** |1
2
3
4|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Michael West|Chair||Annual General Meeting| ||Peter Gallagher|Treasurer|To April 2022|Annual General Meeting| ||Nigel Pigott|Secretary||Annual General Meeting| ||HenrySuppiah|Treasurer|From May2022|Annual General Meeting| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**Financial – Independent**
**Examiner**|Stephen Montague|Chiltern View, Hitchin Road, Pegsdon, SG5 3JT| **Name of chief executive or names of senior staff members (Optional information)** n/a ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** CIO Constitution Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Election, co-option Trustee selection methods (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** **TAR** March **2012** 1 You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; The CIO is a member of the UK Men‘s Sheds Association (UKMSA) and has a close relationship with its landlord, the Milton Keynes Community Foundation, which from time to time funds specific initiatives at the Shed. Risks are identified and managed by the Trustees in liaison with the Management Committee. - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** The objects of the CIO are: to promote the preservation and protection of men's good health, for the public benefit, in particular but not limited **Summary of the objects of** to those who are retired, unemployed or have health problems, through **the charity set out in its** the provision of facilities for hobbies, recreation or other leisure time **governing document** occupations including practical interests, skills sharing, the learning of - new skills, and contributing to community based projects. Since fully re-opening following the pandemic the Shed has undertaken **Summary of the main** a number of construction projects in support of local schools and other **activities undertaken for the** volunteer groups including the production of a large number of donation **public benefit in relation to** collection boxes for the MK Food Bank and the construction of **these objects (include within** replacement benches for the Wolverton Secret Garden. It has also built **this section the statutory** a number of internet radios to enable patients at Milton Keynes **declaration that trustees** University Hospital who do not own smart phones to listen to MK **have had regard to the** Hospital Radio. **guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **Summary of the main achievements of the charity during the year** See Section C above. **TAR** March **2012** 2 ## **Section E Financial review** Financial reserves to the extent of one year’s operation are held in our **Brief statement of the** bank accounts **charity’s policy on reserves** **Details of any funds materially in deficit** n/a ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; The primary source of funds is regular donations by members and occasional donations by supporters and beneficiaries of the Shed’s work. All expenditure is directed to improving the accommodation and facilities in support of the charity’s objectives. The bank balance continues to be healthy but we have been fortunate in attracting a number of new donating members and in having an energy account that is fixed until April 2023. We expect increased energy costs in 2023 to have a significant adverse effect on our finances and ways of mitigating this are currently being addressed by the trustees. - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** ## **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Nigel Pigott
Full name(s) Michael West
Position (eg Secretary, Chair, Chair Secretary
etc)
Date
**----- End of picture text -----**
**TAR** March **2012** 3 **Men in Sheds MK 1156425 CC16a** Period start date Period end date **For the period To from 01/04/2021 31/03/2022** ## **Section A Receipts and payments** |**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**Men in Sheds MK**
**1156425**
**CC16a**
**For the period**
**from**
Period start date
**To**
Period end date
**01/04/2021**
**31/03/2022**|**CC16a**| |---|---|---|---|---|---|---|---|---| |**Section A Receipts andpayments**||||||||| |**Receipts**||**Unrestricted**
**funds**
**to the nearest £**||**Restricted**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |Membershipfees||||||||| |Donations||4,105.71||||**4,105.71**||| |Local Giving||16,939.33||||**16,939.33**||17,510.16| |Matched Funding||563.00||||**563.00**||100.00| |Grant Funding||||||||853.51| |Sale of Goods||2,750.57||||**2,750.57**||| |Other||96.27||||**96.27**||| |Interest||0.97||||**0.97**||| |**_Sub total _**_(Gross income for AR)_||**24,454.88**||||**24,454.88**||**18,463.67**| |**Asset and investment sales**||||||||| |Interest||0.97||||**0.97**||21.19| |Sale of investments||||||||| |**_Sub total_**||**0.97**||||**0.97**||**21.19**| |||||||||| |**Total receipts**||**24,455.85**||||**24,455.85**||**18,484.86**| |**Payments**||||||||| |Rent||10,328.25||||**10,328.25**||6,968.84| |Insurance||456.20||||**456.20**||2,427.45| |Power||2,422.50||||**2,422.50**||1,541.69| |Telephone, Internet||911.16||||**911.16**||879.81| |Water||269.06||||**269.06**||192.55| |Health and Saftey||803.51||||**803.51**||455.70| |Consumables||1,224.42||||**1,224.42**||2,728.04| |Fixtures||25.82||||**25.82**||109.99| |Waste disposal||391.58||||**391.58**||1,055.80| |Other||1,075.26||||**1,075.26**||96.00| |**_Sub total_**||**17,907.76**||||**17,907.76**||**16,455.87**| |**Asset and investment purchases**||||||||| |Hand and power Tools (>£25)||69.96||||**69.96**||340.89| |Workshop machines||||||||| |**_Sub total_**||**69.96**||||**69.96**||**340.89**| |||||||||| |**Total payments**||**17,977.72**||||**17,977.72**||**16,796.76**| |||||||||| |**Net of receipts/(payments)**||**6,478.13**||||**6,478.13**||**1,688.10**| |Transfers between funds||||||||| |**Cash funds last year end**||16,488.52||||**16,488.52**||14,800.42| |**Cash funds this year end**||**22,966.65**||||**22,966.65**||**16,488.52**| ## **Section B Statement of assets and liabilities at the end of the period** ## **Categories** |**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**|**Categories**
**Section B Statement of assets and liabilities at the end of the period**| |---|---|---|---|---|---|---|---|---|---|---| |**Cash funds**||||**Unrestricted**
**funds**
**to nearest £**||**Restricted**
**funds**
**to nearest £**||**Total current**
**Period**
**to the nearest £**||**Last year**
**to the nearest £**| |Current account||||**16,912.81**||||**16,912.81**||**10,435.65**| |Deposit account||||**6,053.84**||||**6,053.84**||**6,052.87**| |Cash||||||||||| |**_Total cash funds_**||||**22,966.65**||||**22,966.65**||**16,488.52**| |(agree balances with receipts and payments
account(s))||||OK||OK||OK||OK| |**Other monetary assets**||||||||||| |Stocks/goods for sale||||||||||| |Debtors||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |**Investment assets**||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |**Assets retained for the Shed’s**
**ownuse**||||||||||| |Buildings||||||||||| |Large items of machinery||||11,050.00||||**11,050.00**||| |Power tools||||1,110.00||||**1,110.00**||| |Hand tools||||2,075.00||||**2,075.00**||| |Other assets||||7,000.00||||**7,000.00**||| |MakerSpace||||1,200.00||||**1,200.00**||| |||||||||**22,435.00**||| |**Liabilities**||||||||||| |Trade creditors||||||||||| |Accrued expenses||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |**Signed by one or two trustees on**
**behalf of all the trustees**||Signature||||PrintName||||Date of approval| |||||||Michael||West||18/01/2023| |||||||Nigel||Pigott||18/01/2023|