## **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**
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Signature(s)
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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
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~~>~~||||||
|Rent
~~eS~~
~~eS~~|10,337
~~CS~~|0
~~|~~
~~CS~~|**10,337**
~~|~~
~~CS~~||8,335|
|Insurance
~~eS~~
~~eS~~|516
~~CS~~|0
~~|~~
~~CS~~|**516**
~~|~~
~~CS~~||2,242|
|Power
~~eS ~~
~~|~~|4,154
~~CS~~
~~|~~|0
~~CS~~
~~|~~|**4,154**
~~CS~~
~~|~~||3,003|
|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**
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||||||||||
|---|---|---|---|---|---|---|---|---|
|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**
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|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