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2024-02-29-accounts

Trustees’ Annual Report for the period

From 01 March 2023 To 29 February 2024

Charity name: Sheddit Men’s Shed

Charity registration number: 1182235

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To promote social inclusion for the public
benefit of the residents of Swavesey and
surrounding areas through the provision of
premises, in which they can meet to jointly
or individually undertake and share
creative, physical, social and recreational
activities.
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.
Para 1.17 and
1.19
The main activity of Sheddit Men’s Shed is
running a workshop for the public benefit. It
is aimed at preventing people, particularly
but not exclusively older men, within
Swavesey and the surrounding areas from
becoming socially excluded; also to relieve
the needs of those people who are socially
excluded and to assist them to integrate
into society through the provision of these
workshop facilities. The Trustees have had
regard to the guidance by the Charity
Commission on public benefit.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The Trustees have had regard to the
guidance by the Charity Commission on
public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Sheddit Men’s Shed does not make grants. Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Volunteers undertake all Sheddit activities. Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
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.
Para 1.20 During 2023/24 Sheddit Men’s Shed
continued to build activities for local people.
Volunteers worked to build the Library of
Things. Minor projects were undertaken for
local sustainability events, including
building bug hotels and bird boxes.
To assist with attracting volunteers and
benefit to the community the shed
extended its activities to include wider
sustainability activities, such as tree
planting and rewilding and took up
opportunities at local community events.
The Shed volunteers helped organise two
sustainability events in Swavesey.
The benefits of these events and the shed
activities are wide and varied, including
better wellbeing, increased knowledge of
sustainability issues and the value of
biodiversity.

Additional information (optional)

You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41

Sheddit is a small community group and so
does not set objectives, other than those
required by grants.
Performance of fundraising
activities against objectives
set
Para 1.41 The group successfully completed the
required activities for a biodiversity grant
given in the previous year. Delivery of
another grant, a mobile Library of Things, is
in hand.
Investment performance
against objectives
Para 1.41

Other

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 At the end of this period the charity’s
finances are in a good position. The bulk of
the balance at the end of February 2024 is
the grant received for the Library of Things.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The charity does not hold reserves
Amount of reserves held Para 1.22 Zero
Reasons for holding zero
reserves
Para 1.22 The charity does not have ongoing financial
commitments
Details of fund materially in
deficit
Para 1.24 NA
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 None

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charitable Incorporated Organisation
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
Para 1.25 Election by members at the AGM.

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees

Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any
related parties
Para 1.51
Other Swavesey Men's Shed is a member of UK
Men's Shed Association (UKMSA) - who
provide support and advice for new and
existing sheds.

Reference and Administrative details

Charity name Sheddit Men’s Shed
Other name the charity uses Sheddit Community Shed, Swavesey Community Shed
Registered charity number 1182235
Charity’s principal address 15 Market Street Swavesey Cambridge CB24 4QG

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Phillip Horace
Cohen
Chair
Sandie Rita Smith Treasurer
Robert Godfrey
Wilson
Secretary

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Sandie Smith

Position (eg Secretary, Treasurer Chair, etc)

Date

2 October 2024

Sheddit Men's Shed
Sheddit Men's Shed
Sheddit Men's Shed
Sheddit Men's Shed
CC16a
For the period
from
Period start date
1.3.23
To
Section A Receipts and payments
A1 Receipts to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
Last year
to the nearest £
Donations 557 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
557
-
94
-
-
-
-
-
651
210
Grants - 17,240
Income from fundraisingactivities 94 95
Product salles - -
- -
- -
- -
- -
Sub total(Gross income for AR) 651
17,545
-
-
-
-
-
-
-
-
-
-
-
- - 651 17,545
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
199
2,974
3,018
2,004
160
-
-
-
-
8,355
589
135
1,058
108
231
-
-
-
-
2,121
-
-
-
-
-
-
-
-
-
-
- - 8,355 2,121
-
-
-
-
-
-
-
-
- 7,704
-
15,946
15,424
-
522
8,242 15,946

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

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Bank account
Petty cash
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
8,222
-
20
-
-
-
8,242
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval