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2022-03-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 01 04 2021 31 03 2022 From To

Section A Reference and administration details

Charity name

CLEOBURY MORTIMER MEN’S SHED

Registered charity number (if any) 1178085

Charity's principal address

PUDDING MEADOW COTTAGE EAGLE LANE CLEOBURY MORTIMER KIDDERMINSTER Postcode DY14 8RA

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)
Vacant Secretary
Neil Tysall Treasurer
Peter Blackburn Chair
Gwilym Butler
Katja Jones
Michael Patterson
GuyJames
Name of Honorary President
David Robinson

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

How the charity is constituted

Charitable Incorporated Organisation

Trustee selection methods

By election for three-year term

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1

Additional governance issues

Cleobury Mortimer Men’s Shed (CMMS) is a member of the UK Men’s Sheds’ Association and, whilst an independent charity, works in support of their wider aims and objectives.

CMMS is a Charitable Incorporated Organisation (CIO) with an adopted constitution setting out its structure, functions, and governance. The members of the CIO shall be the trustees who are elected and cannot be transferred to anyone else. These trustees must number between three and seven and manage the affairs of the CIO and have responsibility for it in accordance with the Charities Act 2011.

Appointment of CMMS trustees, apart from the first trustees, must be for a term of three years by a resolution passed at a properly convened meeting of the trustees. In selecting individuals for appointment, the charity trustees must have regard to the skills, knowledge and experience needed for effective administration.

CMMS Financial Policy sets out the trustee’s responsibility for:

The Trustees will take reasonable measures to prevent fraud and avoid mistakes.

To enable them to carry out these responsibilities, trustees will adhere to a Financial Policy & Procedures document that details expected conduct and will apply to all Trustees of CMMS on their election/appointment and to all relevant members and volunteers. This document will be reviewed periodically by the Trustees of CMMS and revised, as necessary.

Section C Objectives and activities

To promote social inclusion for the public benefit by preventing, particularly, but not exclusively, men aged 18 or over who reside in Cleobury Mortimer or the surrounding area, from becoming socially excluded.

To assist the lonely and isolated back into society through the provision of facilities in which they can meet others and undertake creative, physical, or recreational activities, learn new or share existing skills and knowledge and support each other socially. To help add meaning and purpose to the lives of those in need.

Activities undertaken during 2021 include:

Section D Achievements and performance

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Section D Achievements and erformance p

We have successfully raised funds to build the shed and equip it with machinery. CMMS, in common with everyone else in the UK, has been impacted by the significant increase in electricity costs. We now need to increase our funding or restrict our opening to ensure we can meet these higher running costs going forward. Being a CIO, we cannot trade or sell our goods, so will rely on donations to support our work. It remains the aim of CMMS to support the users by providing as much access to the shed as we can afford. It is also our aim to support the wider community through the work we do and the projects we help. To date the CMMS has already provided significant support to community projects, and our doors have yet to officially open. We are blessed with great members who want to help and improve their town, and a community that has been generous in funding our progress so far.

2021 has seen CMMS achieve the following:

Section E Financial review

Brief statement of the charity’s policy on reserves

CMMS hold a Lloyds Bank Treasurers Account. There are no overdraft or credit facilities with the account. Our current policy is to only authorise expenditure within our means and not to commission, undertake or promise any work that exceeds our ability to make payment in full.

Our financial policy decrees that sufficient reserves will be held to meet the ongoing running costs such as utility bills, insurances, staff costs (should the charity employ anyone) and the sale of the site (should we need to close). At the time of this report the shed is non-operational, so the running costs remain unknown. As these will be, to greater extent, dictated by use and demand, we will gain an understanding of this commitment once operational, and trustees are committed to finalising a reserves policy within the finance policy.

We have no outstanding debts and sufficient funds to meet any anticipated expenditure. We presently recommend a membership fee of £5/month. However, we do not want potential users to be deterred through cost. For this reason, charges will remain discretionary and flexible, based on affordability, and need. Once operational, the trustees will have a greater understanding of the ongoing running costs and it is accepted the recommended monthly fee may alter to reflect this.

Details of any funds materially in deficit

N/A

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Financial Review

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CMMS Expenditure
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CMMS Income

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Cleobury Mortimer Men's Shed Expenditure Cleobury Mortimer Men's Shed Expenditure
Building-Labour £3245.00
Building-Materials £3799.82
Insurance £671.64
Utilities £347.60
Website £19.19
National Men’s Shed membership £24.00
Equipment Maintainance £538.85
Stationery £4.99
Machinery £6753.82
Total Expenditure £15404.91
Cleobury Mortimer Men's Shed Income
Donations £557.06
Grants £2000.00
Members Subscriptions £705.00
Total Income £3262.06
Cleobury Mortimer Men's Shed Credit
Opening balance £15503.30
Total Income £3262.06
Total Expenditure £15404.91
Closing Balance Carried Forward £3360.45

Section F 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
Date
Vacant Peter Blackburn Neil Tysall
Secretary Chair Treasurer
10/04/2022
10/04/2022

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Cleobury Mortimer Men’s Shed No 1178085
Receipts andpayments accounts CC16a
For the period
from
01/04/2021
To
31/03/2022
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
557
705
-
-
-
-
-
-

1,262
-
-
-
1,262
539
3,245
672
24
Restricted
funds
to the nearest £
-
-
2,000
-
-
-
-
-
2,000
-
-
-
2,000
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
557
705
2,000
-
-
-
-
-
3,262
-
-
-
3,262
539
3,245
672
24
Last year
to the nearest £
Donations 557 7,572
MembershipSubscriptions 705 350
Grants - 10,010
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)

1,262
17,932
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
17,932

Equipment Maintainance/servicing
539 - - 539 -
Buildingcosts(labour) 3,245 - - 3,245 1,300
Insurance 672 - - 672 625
Affiliation Costs 24 - - 24 24

CCXX R1 accounts (SS)

02/05/2022

1

Buildingcosts(materials) 3,800 - - 3,800 4,776
Utilitybills 348 - - 348 162
Websie 19 - - 19 48
Storage Container Purchase - 2,850
Stationery 5 - - 5 -
**Sub total ** 8,652 - - 8,652 9,785
A4 Asset and investment
purchases, (see table)

Axminster Machines
6,754 -
-
**Sub total ** 6,754 -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
9,785
- 14,144 - 12,144 8,147
- - -
15,503 15,503 -
1,359 3,359 8,147

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
Details
Bank Account
Total cash funds
(agree balances with receipts and payments
account(s))
Unrestricted
funds
to nearest £
1,359
-
-
1,359
OK
Unrestricted
funds
Restricted
funds
to nearest £
2,000
-
-
2,000
OK
Restricted
funds
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds

CCXX R2 accounts (SS)

02/05/2022

2

B2 Other monetary assets Details to nearest £
-
-
-
-
-
-
to nearest £
-
-
-
-
-
-
to nearest £
- - -
- - -
- - -
- - -
- - -
- - -

B3 Investment assets B4 Assets retained for the charity’s own use

Details
Details
CMMS Shed
Storage Container
Mobile home
Collecting boxes
Axminster Machinery
Fund to which
asset belongs
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Cost (optional)
2,850
600
68
6,754
20,000
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
Storage Container 2,850 -
Mobile home 600 -
Collecting boxes 68 -
Axminster Machinery 6,754 -
CMMS Shed 20,000 -
- -
- -
- -
- -

CCXX R3 accounts (SS)

02/05/2022

3

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details
Signature
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Neil Tysall
Peter Blackburn
When due
(optional)
Date of
approval
Neil Tysall 10/05/2022
Peter Blackburn 10/05/2022

CCXX R4 accounts (SS)

02/05/2022

4