## BISHOP’S STORTFORD MEN’S SHED
## Registered Charity No: 1182634
Report of Trustees and Accounts for the period ending 31 March 2022
## Bishop’s Stortford Men’s Shed (“BSMS”)
## Report of Trustees for the period ending 31 March 2022
## Management
Those involved in managing BSMS during the period were as follows
Trustees:
- David Brown Chair
- Trevor Bennett
- Simon Marlow
Executive Committee:
- Trevor Bennett Treasurer
- John Palombo Membership
- Ian Cronshaw Health and Safety
## Incorporation and Objectives
BSMS was incorporated as a charitable incorporated organisation and registered with the Charity Commission on 26[th] March 2019.
The objectives of BSMS, as set out in its constitution are to promote social inclusion for the public benefit by preventing people (particularly but not exclusively older men), within the area of Bishop's Stortford and surrounding area, from becoming socially excluded. Relieving the needs of those people who are socially excluded and assisting them to integrate into society through the provision of facilities in which they can meet to undertake jointly or individually, creative, physical or recreational activities, learn to pass on skills and knowledge and support each other socially. In this context, "socially excluded" means being excluded from society as a result of one or more of the following factors; unemployment; financial hardship; bereavement or old age; ill health (physical or mental.
## Activities
The activities of the shed were severely disrupted over the past year by the Covid 19 pandemic. This meant that the shed was closed for much of this period. Nevertheless, we did complete a few projects for other local charities, with membership increasing towards the end of the year.
No major changes are foreseen for the coming year.
## Bishop’s Stortford Men’s Shed Accounts
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INCOME AND EXPENDITURE ACCOUNT
Year Ending
31/03/2020 31/03/2021 31/03/2022
Income
Donations £5,038.25 £86.00 £26.32
Subs - - -
Receipts - £468.00 £200.00
Other - - -
Total Income £5,038.25 £554.00 £226.32
Expenditure
Overhead Costs £327.91 £338.00 £349.07
Material Costs £781.40 £651.00 -
- -
Capital Purchases £3,864.59
Other - £105.00 -
Total Expenditure £4,973.90 £1,094.00 £349.07
Net Income £64.35 (-£540.00) (-£122.75)
CHARITY FUNDS
Opening Bank Balance £1,687.14 £1,751.49 £1,211.49
Net Income £64.35 (-£540.00) (-£122.75)
Closing Bank Balance £1,751.49 £1,211.49 £1,088.74
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These Accounts were approved by the Trustees on 5[th] July 2022 and signed on their behalf by:
David Brown, Chair