The Shed Foundation (Charity Number 1169736) This is the annual report of the The Shed Foundation as required by the Charity Commission. It covers the Shed Foundation financial year 2023/2024. The Shed Foundation is a Charitable Incorporation (CIA) which was first registered on 18th October 2016. The principal office of the Foundation is Park House, Park Road, Hythe, Kent, CT216DJ. The trustees at the time of writing are Monica Springett, Adama Mahone, Maria White, David White, Diane Marley, and newly assigned Christopher Mark Hoyal and Samantha Marley. There are no external organizations which may nominate trustee positions. What the Shed Foundation does The Shed Foundation exists to support the work of the Shed facility which provides a continuous 5-6 day program of accredited learning in craft, art, drama. dance, sports, community and environmental activities. Occasional outdoor and other venues are regularly used. The objects of The Shed Foundation are: To reduce ¥he stsgma and th"scrimination associated wi'th mental mental heallh issues and learning diJficultie& To increiue the lifv opportunitiesavailable lo people with learning drfrcullies. poor mental healtli éthdphysical health and wellbeing. To reduee social isolalionand offer recovery and support services lo people with learning leorning d¥ficulties and fflent health issues.
Strategies for the year= To continue to raise awareness of the Shed in local and wider communities. To seek out additional funding sources. To maintain mobility for students to outdoor activities and venues. To continue to organize fundraising events. Finances: All expenditures and financial decisions were approved t)y the trustees. The annual account which is submitted with this report indicates the areas of expenditure and the sources of income. Achievements: Contact with regular funders has been maintained: but financially hard times by many, did make fundraising more difficult. The trustees still raised a substantial sum through fundraising events. The money raised has been mainly spent on students activities (Discobility, Pantomime). Strengthening the Trusiees: As a direct result of its outreach work two new trustees have come on board bringing fresh background and experience. End of year summary: The trustees did provide financial and personal suppo. for the students throughout the period. Their charitable work in the town Is more widely recognizèd.
CRwity number 1169736 The Shed Foundation otes 31 March 2024 Total unrestricted trIcted 2023 Tot 2022 Income- Fundraising events. The MaTine Art Exhibillon Oktoberfest 386.30 225.00 521.70 i.1.{M) Collecting tins Rotary Scene valley ladies golf Donations Prince EdwiDs Lodge Snook and Morris raffle curvy boutique Misc donallons Bank interest receAved 116.00 500.00 611.00 100.00 150.00 536.00 300.00 235.90 17.17 23.47 2.572.07 1.140.47 Charitable expenditure: Minibus." Road fund tax Insurance Repai Transfer to The Shed 180.00 630.00 1.250.00 9.(M)O.(K) 10,250.00 810.00 Football shirts Christmas party Sporrs equiptnent Panto]nine Music festival Discobility walking football refund 25.00 306.76 1.664.31 240.00 1.587.50 300.00 (792.00) 376.00 (soo.00) li.(M4.(M) 4116.57
Charity number 1169736 The Shed Foundation Income and ExpendEtUTe Account For the year ended 31 March 2024 Notes UDre5tticted Restricted 2024 2023 Donations 2,572.07 1,140.47 Charitable expenditure 11,044.(X) 4,116.57 AdmItratiVe charges- bank - public liability 61.50 118.40 74.50 196.37 Net (Defkcit) for the year (8.651.83) 348.17 (3,246.97) Brought forward at 1.4.22 17.712.26 17.712.26 20,959.23 Carry forward at 31.3.23 9,060.43 18.060.43 17,712.26 Balance Sheet As at 31 Match 2024 Fixed assets Transfer Minibus to The Shed 9.000.00 (9.000.00) 9.000.00 Nil 9.000.00 Current assets Cash at bank 90frfJ.43 8.712.26 Total a&sets at 31.3.24 9060.43 17,712.26 Represented by- Unrestricted funds 9.OfA).43 17.712.26