**Somerset Levels and Moors Shed (SLaMS)** (A Charitable Incorporated Organisation) ## **Charity Number 1182815** **Trustees’ Annual Report and Financial Statements for the Year Ended 31st December 2021** Page � of �1 8 ## **Somerset Levels and Moors Shed CIO** ## **Trustees’ Annual Report for the Year Ended 31st December 2021** |**Contents**|**Page**| |---|---| |Legal and Administrative Information|3| |Trustee's Annual Report|4| |Receipts and Payments Account|7| |Statement of Assets and Liabilities|8| Page � of �2 8 ## **Somerset Levels and Moors Shed CIO** ## **Trustees’ Annual Report for the Year Ended 31st December 2021** ## **Legal and Administrative Information** ## **Status** The Somerset Levels and Moors Shed (SLaMS) is a Charitable Incorporated Organisation (CIO), registered on 5th April 2019. ## **Registered Number** Registered charity number: 1182815 ## **Principal Address** Canal Workshop Canal View Old Taunton Road Bridgwater Somerset TA6 3NS ## **Trustees** The trustees who served during the year were as follows Colin Gorton (Chair) (appointed 10th January 2019) Tom Hart (appointed 10th January 2019) Cherrill Kelly (appointed 10th January 2019) Stuart Jackson (Treasurer) (appointed 30th June 2020) Michael Brown (Secretary) (appointed 30th June 2020) ## **Trustees appointed during the year** Gerald Swayne (appointed 10th August 2021) Page � of �3 8 ## **Somerset Levels and Moors Shed** ## **Trustees’ Annual Report for the Year Ended 31st December 2021** The trustees present their annual report and financial statements for the year ended 31st December 2021. ## **Structure, Governance and Management** The Somerset Levels and Moors Shed (SLaMS) is a Charitable Incorporated Organisation (CIO). The CIO is governed by a constitution, with charity trustees to be elected by members at its Annual General Meeting. Any vacant seats may be filled by nomination, election and verification process held by the existing trustees during the year. The charity trustees are responsible for the management and overall control of the CIO. All trustees are volunteers and undertake activities to further the objects of SLaMS as required, with no remuneration or financial benefit received for their time which is given freely. No remuneration or benefits or expenses were paid to any connected persons during this period. ## **Objectives and Activities** The objects of the charity are to promote for the public benefit of persons living in Bridgwater, its adjacent towns, villages and the isolated rural communities of the Somerset Levels and Moors, in particular but not exclusively older men, preventing them from becoming socially excluded, and assisting them to integrate into society through the provision of a venue (”Shed”) or venues (“Sheds”) in which they can meet and jointly or individually undertake and share creative, physical, social and recreational activities of their choice. SLaMS offers a practical skills sharing environment, where all members contribute to the life of the Shed, working on their own projects, community based projects or those commissioned by members of the public. SLaMS CIO, first registered on 5th April 2019, became fully active as a charity on 1st October 2022, when all physical and financial assets of the preceding Somerset Levels and Moors Unincorporated Association (SLaMS UA) were transferred to the CIO. The previous long term lease on The Canal Workshop was terminated through a Deed of Surrender and a new 10 year lease in favour of the CIO was established. The terms of the lease permit SLaMS CIO to give 6 months notice of termination in the event of the charity becoming non-viable, but otherwise provide for uninterrupted security of tenure over a 10 year period to 30th September 2032. The Trustees consider this provides a very strong basis on which to further develop SLaMS’ services. The financial statements attached to this report are those of the CIO only and do not include any of the receipts and payments of the Unincorporated Association. Accounts for the Unincorporated Association for the period 1st January 2021 to 30th September 2021 are available on request. Page � of �4 8 ## **Somerset Levels and Moors Shed** ## **Trustees’ Annual Report for the Year Ended 31st December 2021** ## **Achievements and Performance** Our beneficiaries include men and women aged 18+, though our members are predominantly male retirees. Many are dealing with issues around physical or mental health, social isolation, ageing, unemployment and include carers seeking respite and exoffenders/probationers re-integrating back into society. Our members life experiences are quite diverse. This diversity is a strong feature of Shed life and contributes significantly to our aims of being welcoming and inclusive for all, irrespective of background, aptitude or ability. Our social space and practical workshop environment provide an opportunity for men who may be struggling to cope with mental health and social isolation to connect with other men through shared practical activity. The resultant community is one of mutual support, good humour and a strong _esprit de corps,_ and greatly contributes to maintaining each individual’s sense of worth, acceptance and wellbeing. As might be expected given the life circumstances of many of our service users, our membership numbers fluctuate, though we retain a core group of around 12 members, providing sufficient continuity for volunteer Trustees and Session Supervisors, and which also enables us to plan ahead in accepting community and other commissioned projects. At the start of our CIO operations (i.e from 1st October 2021), we were still recovering from the lengthy periods of lockdown in 2020 and 2021 due to the Covid pandemic. Nineteen members transferred across from SLaMS UA. Despite invoking sound Covidsafe practices, several members were reluctant to return and it has taken some considerable time for them to regain their confidence. Those that have, have reported feelings of relief at getting back to a degree of normality. By year end we achieved our target of sustaining twice weekly sessions (pre- lockdown, thrice weekly). Nonetheless our membership, total number of weekly sessions, total and average number of attendees per session is significantly down from 2019, the last full 12 months which were unaffected by Covid lockdowns. The impact of Covid 19 on our activities is indicated in the table below. ||(SLaMS UA)
2019|(SLaMS UA)
2020|(SLaMS UA)
2021 Jan - Sep|(SLAMS CIO)
2021 Oct - Dec|(SLaMS UA &
CIO) 2021 Total| |---|---|---|---|---|---| |Membership|30|11|19|19|19| |Total Sessions|150|40|35|19|54| |Total Attendees|1337|266|190|140|330| |Average
attendees/
session|8.9|6.6|5.4|7.3|6.1| Page � of �5 8 ## **Somerset Levels and Moors Shed CIO** ## **Trustees’ Annual Report for the Year Ended 31st December 2021** The challenge remains to return to pre-pandemic service levels, refresh our many links with signposting agencies, kindred charities and community groups, attract new members, deliver further community projects and improve the health and wellbeing of more men and women. ## **Reserves Policy** Our aim is to retain a minimum 6 months of annual overhead costs in unrestricted reserves as a operational buffer in the event of funding sources substantially reducing or ceasing. This has been achieved. ## **Financial Review** The Financial Management of the Somerset Levels and Moors’ Shed was transferred from SLaMS UA to SLaMS CIO on 1 October 2021. All SLaMS UA financial activity ceased on 30 September 2021. The full balance of SLaMS UA was transferred to SLaMS CIO. These accounts are therefore only for the last three months of SLaMS normal financial year and are not representative of a full accounting year as the majority of the Shed’s fixed costs (such as insurance, safety inspections) occur in the first quarter. The accounts for both the SLaMS UA and SLaMS CIO were reviewed and passed by an independent examiner on 23 March 2022 and found to be an accurate record of the Shed’s financial operations. Approved by the Trustees on 12th April 2022 and signed on their behalf by: C D Gorton Trustee (Chairman) Page � of �6 8 |**Somerset Levels and Moors Shed**||**1182815**|| |---|---|---|---| |**Receipts andpayments accounts**|||**CC16a**| |01-Oct-21
**For the period**
**from**|**To**|31-Dec-21|| |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**18,434**
**123**
**601**
**535**
**55**
**-**
**10**
**-**

**19,758**
**-**
**-**
**-**
**19,758**
**1,343**
**-**
**95**
**1,226**
**19**
**-**
**-**
**154**
**-**
**2,837**
**-**
**-**
**-**
**2,837**
**16,921**
**-**
**-**
**16,921**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**18,434**
**123**
**601**
**535**
**55**
**-**
**10**
**-**
**19,758**
**-**
**-**
**-**
**19,758**
**1,343**
**-**
**95**
**1,226**
**19**
**-**
**-**
**154**
**-**
**2,837**
**-**
**-**
**-**
**2,837**
**16,921**||**Last year**
**to the nearest £**| |Transfer of Cash from SLaMS UA Bank|**18,434**|||||**-**| |Transfer of SLaMS UA Cash in Hand|**123**|||||**-**| |Members Contributions|**601**|||||**-**| |Earned Income|**535**|||||**-**| |Donations and Bequests|**55**|||||**-**| |Grants|**-**|||||**-**| |Other Income|**10**|||||**-**| ||**-**|||||**-**| |~~**_Sub total_**~~~~_(Gross income for_~~
_AR)_|
**19,758**|||||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| |**Sale of Tools**|**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_ **
**A3 Payments**||||||| |||||||**-**| |||||||| |
Rent|**1,343**|||||**-**| |Insurances|**-**|||||**-**| |Utilities|**95**|||||**-**| |Professional and Legal Services|**1,226**|||||**-**| |Comms and Marketing|**19**|||||**-**| |Training|**-**|||||**-**| |Tools and Equipments Maintenance|**-**|||||**-**| |Materials and Consumables|**154**|||||**-**| |PPE and First Aid|**-**|||||**-**| |**_Sub total_ **|**2,837**|||||**-**| |||||||tilities| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**-**| |||||||| ||**16,921**|**-**||**16,921**||**-**| ||**-**|**-**||**-**||**-**| ||**-**|**-**||**-**||**-**| ||**16,921**|**-**||**16,921**||**-**| CCXX R1 accounts (SS) 13/04/2022 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Coop Bank
**Details**
**Details**
Machinery
Hand Power Tools
Tools
Workshop Fixtures
Domestic/Safety Infrastructure
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**16,921**
**-**
**-**
**-**
**-**
**-**
**16,921**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Unrestricted**
**-**
**Unrestricted**
**-**
**Unrestricted**
**-**
**Unrestricted**
**-**
**Unrestricted**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Stuart H Jackson|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**1,514**| ||||**290**| ||||**527**| ||||**490**| ||||**258**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Stuart H Jackson|12-Apr-22| ||||| CCXX R2 accounts (SS) 13/04/2022 2