2022-03-31-accounts

Trustees' Annual Report for the period

From 1[st] April 2021 To 31[st] March 2022

Section A Reference and administration details

Charity name Halesworth Men’s Shed

Registered charity number (if any) 1172693

Charity's principal address 27 Norwich Road, Halesworth, Suffolk Postcode IP19 8BX

Names of the charity trustees who manage the charity

1 2 3 4 5 6	Trustee name	Trustee name	Office (if any)	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	John Lange		Secretary		From 23.11.20
	Stephen Maxwell				From 23.11.20
	Doug Mizon				From 24.06.20
	Mike Holmes				From 17.11.21
	Geoff Wilson				From 17.11.21
	Names of the trustees for the charity, if any, (for example, any custodian trustees)
	Name				Dates acted if not for whole year
	None
Names and addresses of advisers (Optional information) Type of adviser Name Address
None
Section B Structure, governance and management
Type of governing document How the charity is constituted Trustee selection methods
				The HMS Constitution
				Charitable Incorporated Organisation (CIO)
				The Trustees are appointed at each Annual General Meeting following a call for nominations, the election being by ballot among all the members. There are no outside trustees.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
				To promote social inclusion for the public benefit by preventing people, particularly but not exclusively older men, within Halesworth and the surrounding area, from becoming socially excluded.

HMS TAR 2022 Rev B

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)	Provision of facilities in which they can meet jointly or individually to undertake creative, physical or recreational activities, learn or pass on skills and knowledge and support each other socially. The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.	Provision of facilities in which they can meet jointly or individually to undertake creative, physical or recreational activities, learn or pass on skills and knowledge and support each other socially. The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
Section D	Achievements and performance
Summary of the main achievements of the charity during the year
	The members are the beneficiaries of the charity’s mission to run a craft workshop as an inclusive organisation, combatting isolation in this principally rural community. Its work has attracted approval widely in the county of Suffolk, winning several prizes and monetary awards. Our workshop encourages members to carry out their own work and the charity as a whole creates projects for persons and organizations outside to support its fundraising efforts. The organisation has had a slow post – Covid recovery in terms of recruitment, projects and with several events that we would normally attend, cancelled; fortunately we retained most subscribing members and we were able to maintain and make some improvements to the workshop.
Section E Financial review
Brief statement of the charity’s policy on reserves Details of any funds materially in deficit
	The accounts for the year and a financial report, will accompany this report. The trustees deemed it prudent to maintain a contingency reserve of £10,000 (around a year’s operating costs) in the event of an unavoidable shutdown, whereupon the Shed would need to fund its re-launch from scratch. Other free reserves amounted to over £31,000 as at 31 March 2022, much of which will be needed as we continue to grow and consider the acquisition of our own premises. Our current lease expires in less than five years’ time.
	Not applicable
Section F	Other optional information
2
Section G	Declaration
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

HMS TAR 2022 Rev B

HALESWORTH MEN'S SHED Accounts for Year to 31 Marth 2022 RECEIPTS AND PAYMENTS ACCOUNT Year to 31.03.22 Yeai to 31.03.21 Re￿ipts Members. and friends. contrib￿lon5 Grant5 and Donations from non members eg3cy Sales and donations for work done Gift Aid 5,601.63 18,808.00 6,252.57 io.000.00 1,000.00 1,125.00 2,546.25 20.923.82 1.155.17 496.25 26,061.05 PayFnents Rent 6.704.64 2.155.94 321.84 5.028.48 Premises EX￿nseS Equipment purchases and maintenance In*ernal Improi'eTnents & Maintenan Net excess over Restricted Fund5 Materials & Consumables Wastc disposal Insurance 35.00 1.171.15 678.18 1.115.72 227.90 1.167.40 698.77 294.00 1,399.98 334.77 14.420.96 . 11.640.09 2,756.31 14,396.40 17.182.30 31.578.70 1.245.Q3 801.26 Advertising ookkeeping Sundry Expenses SURPLUS FOR THE YEAR Transfer of Allocated Fur>ds back to General Funds 148.83 9,097.93 11,82S.89 11,825.89 5.3SG.41 17.182.30 Opening bHIBnces UNAILOCATED GENERAL FUNDS AT 31.322

HALE5WORTH MEN'S SHED Accounts for Year to 31 March 2022 SUMMARY OF FUNDS 3L03.22 31.03.21 Spent in Year Transferred toGen.Fnds. 1.369.63 792.64 594.04 Internal Funds Tools Extrattion Workshop Contingencies 1.369.63 792.64 594.04 10,000.00 10,000.00 2.756.31 10,000.00 12.756.31 31,578.70 17,182.30 41.S78.70 29,938.61 Ursallocated Funds TOTAL GENERAL FUNDS BANK AND CASH BALANCES Current Account Cash TOTAL BALANCES 41.033.87 29,886.22 544.83 52.39 41,578.70 29,938.61 HALESWORTH MEN'S SHED Accounts tor the year ended 31 Marrh 2022 Examinerfs Report I have examined the accounts for the year ended 31 March 2022 ar￿ confim that they are in accordance with the book5 and records of Halesworth Men'5 Shed. I have nct carried out an aEKlit.