Trustees' Annual Report for the period
Period start date Period end date 1 April 2023 31 March 2024
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 Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1 Michael West Chair Annual General Meeting 3 Nigel Pigott Secretary Annual General Meeting 4 Henr ~~—————~~ y Suppiah Treasurer 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 of the charity trustees who manage the charity
Names and addresses of advisers (Optional information)
Type of adviser Name Address Financial – Independent John Baucutt JRB Bookkeeping Services, 6 Grace Way, Stevenage Examiner SG1 5AA 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) ~~a~~
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. The Shed has continued to undertake construction and repair projects Summary of the main in support of local schools, town and parish councils and other activities undertaken for the volunteer groups. Some examples can be viewed on our website: public benefit in relation to www.meninshedsmk.org.uk. It also supports local repair cafes and these objects (include within responds to individual requests for the repair and construction of this section the statutory household items declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include In the spring of 2024, we were advised by our landlords, the Milton further statements, where Keynes Community Foundation, that we would have to leave our relevant, about: current premises in 2026/7 to enable the building to be refurbished and re-let at full commercial rates. As this will be beyond our means we will • policy on grantmaking; now seek alternative accommodation and will focus on the • policy programme related accumulation of a ‘war chest’ to cover the cost of relocation.
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
See Section C above. Summary of the main achievements of the charity during the year
TAR
March 2012
2
Section E Financial review
Brief statement of the charity’s policy on reserves
Financial reserves to the extent of one year’s operation are held in our bank accounts
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. We expect increased energy costs in 2024 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)
----- End of picture text -----
Nigel Pigott Full name(s) Michael West Position (eg Secretary, Chair, Chair Secretary etc) Date 21/1/2025
TAR
March 2012
3
| Section A Receipts andpayments | Section A Receipts andpayments | Section A Receipts andpayments | Section A Receipts andpayments | Section A Receipts andpayments | Section A Receipts andpayments |
|---|---|---|---|---|---|
| Unrestricted funds Restricte d funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ Receipts Membership fees 200 0 200 150 Donations 9,641 0 9,641 6,698 Local Giving 24,621 0 24,621 20,306 Matched Funding 2,521 0 2,521 2,225 Grant Funding 4,228 0 4,228 0 Sale of Goods 5,222 0 5,222 3,280 Other 584 0 584 0 Interest 71 0 71 8 Sub total (Gross income for AR) 47,087 0 47,087 32,667 Asset and investment sales Interest 0 0 0 Sale of investments 0 0 0 0 Sub total 47,087 0 47,087 0 Total receipts 47,087 0 47,087 32,667 Payments Rent 10,337 0 10,337 8,335 Insurance 516 0 516 2,242 Power 4,154 0 4,154 3,003 Telephone, Internet 1,352 0 1,352 599 Water 508 0 508 360 Health and Saftey 1,300 0 1,300 359 Consumables 2,466 0 2,466 2,546 Fixtures 4,254 0 4,254 0 Waste disposal 816 0 816 929 Other 2,606 0 2,606 8,279 ~~eS~~ ~~ |
~~ ~~——)]~~ ~~eS GS~~ |
~~——)]~~ ~~eS GS~~ |
~~——)]~~ ~~>)~~ ~~re~~ ~~ee~~ ~~ee~~ |
~~eS~~ ~~ |
~~ ~~>)~~ ~~eS~~ ~~ |
| Rent ~~eS~~ ~~eS~~ |
10,337 ~~CS~~ |
0 ~~ |
~~ ~~CS~~ |
10,337 ~~ |
~~ ~~CS~~ |
| Insurance ~~eS~~ ~~eS~~ |
516 ~~CS~~ |
0 ~~ |
~~ ~~CS~~ |
516 ~~ |
~~ ~~CS~~ |
| Power ~~eS ~~ ~~ |
~~ | 4,154 ~~CS~~ ~~ |
~~ | 0 ~~CS~~ ~~ |
~~ |
| Telephone, Internet ~~oo~~ |
1,352 ~~oo~~ |
0 ~~oo~~ |
1,352 ~~oo~~ |
599 | |
| Water ~~oo)~~ |
508 ~~oo)~~ |
0 ~~oo)~~ |
508 ~~oo)~~ |
360 | |
| Health and Saftey ~~oo~~ |
1,300 ~~oo~~ |
0 ~~oo~~ |
1,300 ~~oo~~ |
359 | |
| Consumables ~~oo)~~ |
2,466 ~~oo)~~ |
0 ~~oo)~~ |
2,466 ~~oo)~~ |
2,546 | |
| Fixtures ~~oo~~ |
4,254 ~~oo~~ |
0 ~~oo~~ |
4,254 ~~oo~~ |
0 | |
| Waste disposal ~~oo)~~ |
816 ~~oo)~~ |
0 ~~oo)~~ |
816 ~~oo)~~ |
929 | |
| Other ~~>~~ |
2,606 ~~>~~ |
0 ~~>~~ |
2,606 ~~>~~ |
8,279 ~~>~~ |
|
| Sub total 28,308 0 28,308 26,651 ~~>~~ |
28,308 ~~>~~ |
0 ~~>~~ |
28,308 ~~>~~ |
~~>~~ | 26,651 ~~>~~ |
Asset and investment purchases
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|ee|Hand and power Tools (>£25)|es|0|0|Go|0|0|
|es|Workshop machines|es|300|es|0|So|300|2,124|
|Sub total|ee|300|ee|0|ee|300|2|2,124|
|Total payments|ee|28,608|ee|0|es|28,608|2|28,775|
|Net of receipts/(payments)|ee|18,478|ee|0|ee|18,478|2see|3,892|
|Transfers between funds|es|0|es|0|ee|0|||0|
|Cash funds last year end|rsee|ee|2eee|38,459|
|Cash funds this year end|es|56,937|Gs|0|ee|56,937|
----- End of picture text -----
Section B Statement of assets and liabilities at the end of the period Categories
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricte|Total current|
|funds|d funds|Period|Last year|
|to nearest|to the nearest|
|Cash funds|to nearest £|£|£|to the nearest £|
|ee|Current account|50,805|0|50,805|32,398|
|Deposit account|6,132|0|6,132|6,062|
|es|esOo|
|Cash|0|0|0|
|eS|Oo6s|
|Total cash funds|re|56,937|ee|0|ee|56,937|||eee|38,459|
|(agree balances with receipts and payments|
|account(s))|
|es|Buildings|es|0|es|6|0|
|es|Large items of machinery|es|13,500|Qs|14,250|
|es|Power tools|es|1,110|QS|So|1,110|
|es|Hand tools|SQ|2,075|Oo|2,075|
|es|Other assets|7,000|7,000|
|a|MakerSpace|es|4,450|QS|So|4,450|
|(|I|s|
|EE|28,885|0|
|Liabilities|
|Signed by one or two trustees on|Print|
|behalf of all the trustees|Name|Date of approval|
|Michael|West|21/1/2025|
|Nigel|Pigott|21/1/2026|
|——————|||
----- End of picture text -----
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees Charity Name John Robert Baucutt Charity no On accounts for the year 31 March 2024 (if any) 1156425 ended Set out on pages Given Below the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .
Responsibilities and basis As the charity's trustees, you are responsible for the preparation of the accounts in of report accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's [The charity’s gross income exceeded £250,000 and I am qualified to undertake the statement examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 01/08/2024 ~~es oe~~ Name: John Robert Baucutt ~~————_ (ee~~
Oct 2018
1
IER
Relevant professional Fellow of the Institute of Certified Bookkeepers (FICB) qualification(s) or body (if Corporate Member of the Institute of Personnel & Development (MCIPD) any): ~~a~~
Address: 6 Grace Way, Stevenage, Hertfordshire, SG1 5AA. ~~a—~~ Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Section B Disclosure
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER
IER Oct 2018