Trustees’ Annual Report for the period
From 14[th] August 2023 Period start date To 13[th] August 2024 Period end date
Charity name: Frome Shed Charity registration number: 1172707
Objectives and Activities
| Summary of the purposes of the charity as set out in its governing document |
Charitable Objectives: For the public benefit, the preservation and protection of good health among people in Frome and the surrounding, area, including retired, unemployed and those with health problems, through the provision of facilities for hobbies, recreation and practical interests, skills sharing and learning and conducting community-based projects. Overview of the Charity: The Frome Shed offers workshop space and tools including tools larger than used in most home workshops. Members decide which projects that they do. These include projects for members, individuals and community organisations. |
|---|---|
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
These are the main areas of public benefit undertaken by the Shed. • To share skills and interest, swap ideas and pass on knowledge. • Work on projects that will aid the community and develop a sense of achievement. • Provide a venue where members can meet, relax and share concerns and discuss issues. • Use machine and other tools on more challenging projects • Promote physical and mental well-being and meet visitors to the Shed. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
All current Frome Shed Trustees have read and taken note of the Commission’s public benefit guidance and have regard to it when making decisions and exercising any powers or duties to which the guidance is relevant. |
Additional information (optional)
| Policy on grant making | No grants have been issued by the Frome Shed during this period. |
|---|---|
| Policy on social investment including program related investment |
Frome Shed Trustees have not considered any social investment at present. Should any Social Investment be considered the Trustees will seek advice and develop policy in accordance with commission guidelines. |
| Contribution made by volunteers |
The Frome Shed has no employees and is run completely by Volunteer Members. All of the Duty Managers have attended First Aid courses so that they can address any issues should they arise. We have also run sessions so members can make safe use of machine tools. |
Achievements and Performance
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
The Frome Shed has run 125 sessions for the year. Mainly Women attending on Mondays and mainly Men attending on Thursdays; the average attendance has been 16. Wednesday sessions have been run fortnightly for a smaller number of members who wish to learn woodworking skills. The loss of members for reasons other than their relocation has been very small and the views of those who attend continue to be positive.
Projects
Many projects, of varying sizes, were completed during the year. Examples follow, in no particular order ...
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Benches for the Giants Garden
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Litter picking stations for the Library and Café in Victoria Park
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Raised planters Bird box kits Reindeer and Snowmen kits Bag making Candle making Project Linus quilt making Numerous repairs – chairs, benches, planters, lamp stands, and
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The Rocking Horse was finished! Congratulations to everyone who took part in that mammoth project.
General
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Taking part in local community events – a Summer Fete, a Childrens’ Festival, and Frome Town Council’s anniversary celebrations.
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Monthly Monday talks/demonstrations delivered by members and professionals.
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Monday book reading group. Monthly Newsletter to members. Receipt of some generous donations of time, money and materials.
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Taking part in a photo opportunity with the White Stuff clothing company.
Financial Review
| Financial Review | |
|---|---|
| Review of the charity’s financial position at the end of the period |
The charity has maintained its finances at almost the same level as at the end of the previous year. |
| Statement explaining the policy for holding reserves stating why they are held |
There is no policy regarding reserves. |
| Amount of reserves held | Nil |
| Reasons for holding zero reserves |
Trustees have not judged a reserve to be necessary for the survival of the Frome Shed. If this year is repeated financially, the Shed has money in its account to survive for 10 years. |
| Details of fund materially in deficit |
None |
| Explanation of any uncertainties about the charity continuing as a going concern |
None |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|
| Type of governing document | Charitable Incorporated Organisaton (CIO) Associaton Consttuton |
| How is the charity constituted? |
Charitable Incorporated Organisaton (CIO) Registered 24 Apr 2017 |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Elected by members at Annual General Meeting (AGM) The members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed, or as an additional charity trustee, provided that the limit on the number of charity trustees as detailed in the Constitution is not exceeded. The number of Frome Shed Trustees over the period has not exceeded the constitutional requirements. |
Reference and Administrative details
| Charity name | Frome Men’s Shed |
|---|---|
| Other name the charityuses | The Frome Shed(Workingname) |
| Registered charitynumber | Charitynumber: 1172707 |
| Charity’s principal address | 22, Slipps Close Frome, Somerset BA11 1FW |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|
| Anne Jones | MembershipSecretary | Wholeperiod | |
| Pamela Curtis | Wholeperiod | ||
| John Corfield | Treasurer | Wholeperiod | |
| Richard Whitehouse | Wholeperiod |
| Corporate trustees – names of the directors at the date the report was approved - None | Corporate trustees – names of the directors at the date the report was approved - None |
|---|---|
| Name of trustees holding title to property belonging to the charity | - None |
| Funds held as custodian trustees on behalf of others | - None |
| Exemptions from disclosure | - None |
| Reason for non-disclosure of key personnel details | - None |
Declarations
| Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
Froe Men's Shed 1172707 CC16a Receipts andpayments accounts Period start date To Period end date 8/14/2023 8/13/2024 For the period from ~~—————ae~~ |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Section A Receipts and payments | |||||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | |||||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | ||||||
| A1 Receipts | |||||||||||
| Donations | 1,396 | - | - | 1 | 1,396 | 1,773 | |||||
| Grants | - | - | - | - | - | 1,200 | |||||
| MembershipFees | 740 | - | - | 740 | 740 | 540 | |||||
| Session Collections | 7,838 | - | - | 7 | 7,838 | 5,950 | |||||
| Bank interest | - | - | - | - | - | ||||||
| Gift Aid | 1,162 | - | - | 1 | 1,162 | - | |||||
| Other | - | - | - | - | - | 146 | |||||
| - | - | - | - | - | - | ||||||
| Sub total(Gross income for AR) | 11,136 (Gross income for AR) |
- | - | 11,136 | 11,136 | 9,609 | |||||
| - - - - - - - - - Sub total - - - - - Total receipts 11,136 - - 11,136 9,609 A2 Asset and investment sales, (see table). ~~———_—~~ |
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| A3 Payments | |||||||||||
| Rent | 9,880 | - | - | 9,880 | 9,880 | 8,580 | |||||
| Premises | 110 | - | - | 110 | 110 | - | |||||
| Insurance | 331 | - | - | 331 | 331 | 331 | |||||
| Other recurringcosts | 760 | - | - | 760 | 760 | 1,084 | |||||
| Tools | 56 | - | - | 56 | 56 | 168 | |||||
| Sundries | 564 | - | - | 564 | 564 | - | |||||
| - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | ||||||
| **Sub total ** | 11,701 | - | - | 11,701 | 11,701 | 10,163 | |||||
| - - - - - - - - Sub total - - - - - Total payments 11,701 - - 11,701 10,163 A4 Asset and investment purchases, (see table) ~~_=—==—=~~ |
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| **Net of receipts/(payments) ** | - 565 | - | - | - 565 | - 565 | - 554 | |||||
| A5 Transfers between funds | A5 Transfers between funds | - | - | - | - | - | - | ||||
| A6 Cash funds last year end | 18,768 | - | - | 18 | 18,768 | 18,754 | |||||
| **Cash funds this year end ** | 18,203 | - | - | 18 | 18,203 | 18,200 |
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | Endowment | |||||
|---|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | funds | |||
| to nearest £ | to nearest £ | to nearest £ | |||||
| B1 Cash funds | - | - | - | ||||
| - | - | - | |||||
| Bank Balances | 18,203 | - | - | ||||
| Total cash funds | 18,203 | - | - | ||||
| (agree balances with receipts and payments account(s)) |
(agree balances with receipts and payments | OK | OK | OK | |||
| Unrestricted | Restricted | Endowment | |||||
| funds | funds | funds | |||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||
| B2 Other monetary assets | - | - | - | ||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
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| B3 Investment assets | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| B4 Assets retained for the | - | - | |||||
| charity’s own use | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Fund to which | Amount due | When due | |||||
| Details | liability relates | (optional) | (optional) | ||||
| B5 Liabilities | - | ||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Print Name | Date of approval |