Charlty No: 1181632 Westem Wolds Men in Sheds FINANCIAL S[ATEME[S Year ending 31 December 2024 Phoenix Aco3untancy and Business Consultancy Limited
Western Wolds Men In Sheds Charity No: 1181632 Contents to the Finanaal Statents For the year ending 31 December 2024 Page Trustees Annual Rert Independent Exarniners, Report Receipts and Payments Account Statement of Assets and Llabilltles 11 Notes to the Finanaal Statements 12
Western Wolds Men In Sheds Charity No: 1181632 Trustees Annual Report For the year ending 31 December 2024 The Trustees pre*nt their report with the independently examined financial statements of Western Wolds Men in Sheds, a Charitsble Incorporated Organisation, for the year endlng 31 December 2024. Reference and Administrative Details of the Charity. Its Ttee$ and Adviser6 Name of cha Westem Wolds Men in Shols iSttiOn Number: 1181632 Cha Prsnci l Add. Westem Wolts Men In Sheds Oaks Fami Bulmer Lane Holme-on-Spalding-M(K)r East Yorkshi Y043 4HE Tr Names of Trustees who served during the year sIe the year end were as follows:. Name: Position: Dat&s of Servi if not for the full year: Mr Richard Woodcock Chair Mr Graham West Trust Mr William Smith Trustee Mr Andrew John Crawford Trustee Mr Patrick Sharpe Trustee Chair from April 2022 Assigned 26U) January 2022 Assigned 26th January 2022 Appointed 10th April 2024. Inde en ent Examiner: Rebecca Trffitt, MAAT Practi Accountant PhoenÉx Accountancy and Buslness ConsultarKy Limited Morlevs Cottage Morley's Yard Walkergate Beverley East Yorkshire HU17 9BY
Western Wolds Men In Sheds Charity No: 1181632 Trustees Annual Report For the year ending 31 December 2024 nkers: The CtrorErative Bank. Business Di PO Box 250 Skdmelxlale WN8 6wr Structure, Governan and Management overnin Document: Western Wdds Men In Sheds is a registered Charrtable IncorpoTrted Organisation governed by its Constitution (foundation model). The organisation was registered with the Charity Commi10n on the 18th January 2019. itment in nt f Trustees: The trustees form the Executive Cornmitt of the charrty. The memtErs of the Executive Committee are elected at the Annual Generdl Meets'ng by the members of the Charity. All members are circula1 with invitations to rKJminate trustees In advan of the AGM. The Constitution of the Charity states that there must be at least three tharity trustees and the maxlmum number of charity twstees is five. Apart from the first charity trustees all tJ5 are aptKKnted for a l year term by a resolution passed at a properly convened mting of the (harity tst. stee Induction and Trdinin All trustees are provided with the Charity Commissions 'Roles and Responsibllities of Trustees,, the Constttution and the financial statements including the Annual Report. Any training required by the trustees may be requested at any poinL where it is considered useful to their role as trustee. anisational Structure: The board of Trustees manages the Charity, and aims to consider only strdtegic decisions at its meetings. Trustees are aware that any confiitt of interest is declared and recorded. The board holds its rntIng on the first Tuesday of each month. Risk Mana ement: The major risks, to whith the charity is expJsed, as identified by the Trustees, have been reviewed and systems have bn established to mitigate those risks. All systems and procedures are reviewed regularty to ensure they meet charity law and our own organisats'ons aims and objectives.
Western Wolds Men In Sheds Charity No: 1181632 Trustees Annual Report For the year ending 31 December 2024 Objectives and ActiVitS The charity's objeyt is: "To promote xKial inclusion for the public Inefit, by preventing men aged 18 or older within the Market Weighton arKI the sUoUnd1rj a, becoming scxially excluded. This is to be achieved by assisting them to integrate into xKiety through the provision of facilities in which they can meet to undertake creative, physscal or recrEational acttvitie5, learn or pass on skills and knowledge and support eath other 9Jcially as well as helping with communty- based projLrts.' An inclusive group of men mting in a *tting where life's eXperienS can be shared. We aim to provide the opportunity to try out & leam new skllls we'd all forgotten about. We're all benefitirKJ from developing our skills and knowledge of a wide range of the new technologies so important now to keep us connected and to manage our lives in so many different and challenging ways. With a focus on establishing and malntsining a wilde & extensive communication FM)licy, we aim to ensure we have a broad and consistent presence within the local communlty. Within our membership we have successfulty ensured that all members can kp in contact, through WhatsApp, emails, facebook and phone and now our YouTube videos. Main o 'ectives for the follovmn In shaping our objectives for the following year and planning our activities, the Trustees have considered the Charity Commlssion's guidance on public benefit and this is regularly re- visited. I Continue to expand our membership, with an emphasis upon supp)rting members most suscepb'ble to being socially isolatd. 2 Increase our range of activieS to supFort a wider range of potential members and the looil community. 3 Continue to establish new revenue streamslftjnding, to build upon our existing stable financial base. Achievements and Perfornian Our objectives remain unchanged - to provide an environment at the shed whlch is welcoming and suppK)rtive for men to meet, chat & interact. Membership levels have contjnued to grow throughout 2024 coming from a broad range of avenues - member referrals, community actlvlties, UKMSA" find a shed" and also la1 servi5 links. At the year end we had 53 members, an increase of 13 over the year.
Westem Wolds Men In Sheds Chaiity No: 1181632 Trustees Annual Report For the year ending 31 December 2024 Achievements and Perforniance (Con't) Here is a seSectlon of some of this yearfs highllghts: Installation of a la*r engraver as a result of a successful fund apIcatIon Shed "What's app" group is thriving wth over 50 attive partiapants Successful local Xmas Fayre and in the sumrner a well attended communty event Over 40 members attded our Christsnas lunch Trtps in 2024 have included railway visit to Pickering, a tour of the DRAX power station and a visit tL) the Elvington Air Museum. Projects have been very wide ranging, from the restoratjon of a 50 year old dumper truck for the local canal, owl LM)xes for installation in the surrounding area, equipment for the Amiy Cadets, refurbishment of a mc(lel windmill, plus severdl mini libraries, notlceboards and bench seating. The management of the shed continues to fools on an active shed commlttee of around 16 members with a range of delegated resrA)nsibilities, together with 5 tfustees. The dally banter over tea, coffee, cake and biscuts ensures that the plan to keep the shed open and inclusive is maintained. External links have induded our active involvement in the Humber & Wolds Rural Action, and we have had severdl vistts from other sheds over the year. Our plans for 2025 will continue to focus on meetiro rnemlrrs needs, Maintenan of both our tools and equipment, plus improvements to our physical shed environment. We will, in addition, ensure that we have a sound and sustsinable financial posttion. In closing an unsoliclted comment from a member encapsulates what the shed has achleved: . The sh&J Is a wonderful pla. Above all it is somewhere we can feel safe and supported and I know how much it has helped me , as it has helped other members. We are there for each other and that's brilliant. For me thays what the.shed is all abouy,.
Western Wolds Men In Sheds Charity No: 1181632 Trustees Annual Report For the year ending 31 December 2024 Financial Review Reserves Poli The charity re*rves policy is to aim to keep 3 months running costs at all time. Plans for Future Years Please See main objectives for the following year. Continue to focus on what members need from the Shed, develop more links with other local charities and groups, ensure we manage to respond quickly and effectively to changing the needs for the tools, machinery and equipment and maintain a sound and stable financial position including reserve levels Statement of disclosure of information to Independent Examiner We, the Trustees of the charity who held office at the date of approval of these financial ststements, each confirm so far as we are aware, that: there is no relevant information of which the charity's Independent Examiner is unaware; and we have taken all the steps that we ought to have taken as Trustees in order to make ourselves aware of any relevant information and to establish that the charity's independent examiners are aware of that information. Trustee Declaration The Trustees declare that they have approved the Trustees Annual Report. Signed on behalf of the charity's Trustees Mr Richard Woodcock-. Chair Date: _a> ILtr ias
Western Wolds Men In Sheds Ctharity No. 1181632 Trustees Annual Report For the year ending 31 December 2024 Independent Examinerfs Report to the Hernbe of Western Wolds Men In Sheds. I report on the accounts of Western Wolds Men in Sheds for the period ending 31 Dernber 2024, which are t out on pages 9 to 13. Respective responsibilities of Trustees and examiner The charity's trustees are wnsible for the preparation of the accounts. The charivs trustees consider that an audit is rK)t requiwl for this year under section 144 of the Charlties Att 2011 (the Charities Att) and that an IPendent examination is needed. It is my spOnsIbIlity to: examine the accounts under section 145 of the Charitie5 Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under settion 145(5)(b) of the Charities Act, and to state whether particular matt5 have come to my attention. Basls of independent examinerfs report My examination was carried out in accordan with general DireLtions given by the Charlty Commission. An examination includes a review of the accounting records kept by the charlty and a comparison of the accounts presented wtth those records. It also includes consideratlon of any unusual items or disclosures In the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the eden that would required in an audtL and consequenuy opinion is given as to whether the accounts present a rue arKI fairf view and the port is Ilmtted to tho matters *t out in the statement below. Independent examinerfs statement In connectlon wh my examlnation, no material matter5 have Ccime to my attention which gives me cause to believe that in, any material respect: accounting records were not kept in accordan with section 130 of the tharfties Act or the accounts do not accord with the aca)unting records I have come across no other matters in connection with the examination to which attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. Rebecca Triffitt, MAAT Prattice Accountant Phoenix Accountsncy and Business Consullancy limited Morlels Cottage Morley's Yard Walkergate Beverley HU17 9BY Date: &i&ik/a5
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Western Wolds Men in Sheds 1181632 Charity No: Statement of Assets and Liabilities As at 31 December 2024 2024 Total Funds 2023 Total Funds Notes Monetary Assets Current Account Total Monetary Assets 8,945 6,970 Comprising: Unrestricted Funds Restricted Funds 8,111 834 8,945 8,402 (1,432) 6,970 Non-monetary Assets and Liabilities Fixed Assets for the Charity's use: Tools Equipment Furniture Office Equipment Defibrillator Laser Equipment 19,991 6,306 3,317 90 807 2,864 33,375 15,561 5,876 3,317 90 807 28,515 Debtors Groundworks Creditors Accounts Fees (360) (360) These financial statement and signed on its behalf b been approved by the committee on 22 (date) Mr Richard Woodcock, Chair The notes on pages 12 to 13 form part of these financial statements. li
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Western Wolds Men In Sheds Charity No: 1181632 Notes to the Financial Statements For the year ended 31 December 2024 Restricted Funds Balance asat 01101124 Balance asat Incoming Outgoing Trdnsfer 31112124 Drdx Charity Grant 1,800 (1,035) 765 Acom CIC Grant Humber & Wolds Rural Hull Clty Coun(il - DIFEY 500 430 (431) (430) 69 (1,432) (16) 16 834 A brief description of the restritted funds are shown below: Drax Charity Grant Restricted ndIng was [Ved from the Drdx tharlty (knnt, to contiibute towards the purchases of material to make owl ly)xes. Humber & Wolds Rurdl Action Restricted fijnding was received from the Humbw & Wolds Rural Action to buy a IPAD. Ac(Yn CIC Grant Restrtcted funding was received from the Acom CIC for materials for a garage door. Hull City Coun(Il - Do it for East Yorkshlre Grattt Restricted ndIng was received from the Hull Cty Council to pay for Laser equipment from X tools. Taxation Westem Wold Men in Sheds is a regi&¥ed charity. All the tharitios, income is applied to Its d)aritable objecttves and the association is therefore exempt under current legislation fmm most fom)s of taxation. The chanty is not VAT registered, arKJ all expenditrjre indudes irrecoverBble VAT. No MuneratiOn direttly or indirecuy out of the fijnds of the Charity was pald or payable for the year to any Tnjstee. There was also no reimbursement of trdvel expenses paid or payable to Tru5tee5 in respect of the year. 13