Report by Trustees of the Fareham Men’s Shed February 2022
Registered Charity number 1178126
Trustees Annual Report &
Accounts for the year ended 31[st] December 2021
Agreed on behalf of Trustees by Peter Raven (Chairman) – For the AGM 21 February 2022
Fareham Men’s Shed (FMS)
The Trustees are pleased to provide this report together with financial statements of our charity for the year ended 31 December 2021. The statements have been drawn up in accordance with the recommendations of the Charity Commission.
Governing Document
The Fareham Men’s Shed is a registered charity, number 1178126. The FMS is a Charitable Incorporated Organisation (CIO) and is governed by its Constitution and Rules.
Trustees
The Trustees manage the day to day running of the charity. The rules of the FMS allow for the stepping down of one third of the trustees annually, new nominations are approved at the AGM.
Trustees & Committee as at 31 December 2021
Trustees
| Trustees | |||
|---|---|---|---|
| Chairman: | Peter Raven | Membership Secretary: | Frank Wood |
| Vice Chairman: | Rod Parker | Sales: | Richard Bunce |
| Secretary: | Milton Hewins | Health & Safety: | John Wathen |
| Treasurer: | Cliff Jones | I.T.: | Chris Nixon |
| Workshop Manager: | Mick Foster | Social Secretary: | Tony Crane |
| Public Relations Manager: | Chris Hodgson | ||
| Additional Committee Position | |||
| Deputy Workshop Manager: | Ken Stretton |
Address of the Fareham Men’s Shed
73 St Margaret’s Lane, Titchfield, Fareham, Hampshire PO14 4BG (within Titchfield Festival Theatre)
Bankers
HSBC, 71 West Street, Fareham, PO16 0AN
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Report by Trustees of the Fareham Men’s Shed February 2022
Purpose of the charity
To provide a workshop and social centre for members.
To help members maintain their health and wellbeing, make new friends and enjoy working together on a range of projects.
To assist the local community in practical ways whenever and wherever possible.
Organisation
The Trustees meet monthly throughout the year in order to administer and steer the charity.
Investment powers
The Trustees have unlimited investment powers.
Related parties
The charity has no related parties.
General Report
As in 2020 our Shed was closed during the first half of the year and then restricted opening due to the Covid 19 pandemic. However, despite that we continued with Zoom sessions to generally keep in touch and take part in Tony’s quizzes. In addition, separate wood turners Zoom sessions also started up. Once we had opened again, the workshop and social side of the Shed was well attended with members frequently sitting down with tea and a biscuit to put the world to rights with lively banter.
We have continued to take on projects to help local schools and local charities, such work continues to benefit our members and reinforce our standing in the community.
Training for new trainers was carried out ensuring the ready availability of workshop trainers for those members wishing to be ‘signed off’ or refreshed on the use of our powered machinery and tools.
We sadly lost two members in 2021 and once again due to the restrictions, funerals were attended on line by fellow Shedders.
Events in 2021:
As restrictions lifted we were able participate in several events in the latter half of the year.
Community One Showcase Day - July:
A one day event in the pedestrianised area in Fareham that saw many local charities showcasing their good causes. The Shedders stall attracted much interest, sales and new member enquiries!
Stubbington Bank Holiday Monday Fayre - August:
We provided a two stall pitch. It was a chilly day but a good turnout of Shedders and public alike. Our ‘Shed made’ activity games for children (and some adults who joined in!) were as popular as ever. Sales of donated tools, workshop and home-made wooden items and ‘pick a bottle’ brought in good income.
MacMillan Coffee Morning – September:
The Shed hosted the morning at the Titchfield Great Barn with thanks to TFT. Shedders made cakes (yes they did!) that were judged and then auctioned off to raise funds. Several local retailers provided tea, coffee, cups, biscuits etc. and donated gifts that were also auction off. A magnificent record breaking amount of £1,300 was raised for the charity with thanks to members, their families and friends and members of public just dropping by.
W.I. Christmas Fayre Stubbington – November:-
We were grateful to the W.I. for providing us with a table top to promote ourselves and raise funds from the sale of our shed made items some of which were made by our recent new Shedders.
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Report by Trustees of the Fareham Men’s Shed February 2022
Christmas charity hampers:-
Individual Shedders again made personal donations of £700 in total towards Christmas hampers organised by the St Margaret and Mary Church in Park Gate for local families in need.
Men’s Health:
During the year Fareham Men's Shed joined the Step by Step project which is a European funded project on men's health. Primarily about health issues grants were available for special requirements and we were awarded £680 for a new pillar drill. As members to the scheme we had access to webinars on cancer and heart disease and we arranged for a mobile health check-up bus to visit which was attended by over 30 members. At the AGM and some monthly members meetings, members were urged to talk to their doctors if they felt something was not right. The feedback is that some have spoken to their doctors and are now receiving treatment.
Socials:
Due to the restrictions, only one social event occurred - a visit to the Southampton Sky Museum. A worthwhile and much needed social outing followed by refreshments and meal at the nearby Weatherspoon’s!
Financial position 2021
Surprisingly a very successful financial year! Member fees were reduced slightly due to lockdown but income rose substantially due to the diligence of members clearing garages etc. and the selling of such donated items to members and on EBay. The latter raised over two and a half times that of the previous year. The sale of stripped wired and metals also did very well, again due to the time given by several shedders.
The SBS grant (see above) was welcomed.
Donations were high this year mainly due to large amounts given relating to deceased members. Axminster Gift Cards were won in quizzes etc. and a Christmas surprise donation from the local Waitrose store rounded off the year!
The fund looks particularly healthy however all of this and more may be required in the near future.
.
The forthcoming year 2022
The new year started with the full opening of the Shed and the hope that it remains so. The committee are having to consider new premises shortly, whether within the current site or further afield. The financial implications are very high on the agenda.
The woodturning lathes are due for replacement soon and a previous grant and allocated savings will cover the costs of a more user friendly, modern and versatile machine.
Financial policy and risk management
We continue to budget with care, and we monitor our cash flow. Reserves are held for future development of the charity's equipment and premises. We have no major fixed assets, so we have no risk of loss or depreciation. Risk from public liability is covered by insurance.
The accounts are operated on a Receipts and Payments basis throughout the year and are summarised in this report as at 31[st] December 2021.
Trustees and Charity Status
The charity was converted to a Charitable Incorporated Organisation (C.l.O.) in 2018 in order to greatly reduce any risks to the Trustees in carrying out their management responsibilities.
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Report by Trustees of the Fareham Men’s Shed February 2022
Independent Examiner’s Report to the Trustees of The Fareham Men’s Shed
I report on the accounts of the Society for the year ended 31 December 2021, a summary of which is shown below on page 5.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
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.
Stuart Rowe – Independent examiner
Stubbington 5 February 2022
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