Charity No.. 1184207 Men in Sheds Beverley FINANCIAL 5[ATEME￿[S Year ending 1st July 2025 Phoenix Accountancy and Business Consultancy Limited Men In Sheds Beverley Charity No: 1184207 Contents to the Financial Ststements For the Year ending 1st July 2025 Page Trust*s Annual Report Independent Examiners, ReFort Receipts and Payments Account ststement of Assets and Liabilities Notes to the Financial Ststements 10 Men In Sheds Beverley Charity No: 1184207 Trustees Annual Report For the year ending 1st July 2025 The Trustees present their report with the independenljy examined financial statements of Brid Men in Sheds, a registered charty, for the year ending 1st July 2024. Reference and Administrative Details of the Charity, its Trustees and Advisers Name of chari Men in Sheds Beverley Chari Re n Number. 1184207 's Princi al Add￿ss. Men In Sheds Beverley Beverley Garden Centre Hull Road WocKlmansey East Yorkshire HU17 ORS Trustees. Names of Trustees who served during the year and since the year end were as follows:. Name: Mr Richard Ellett Mr Kevin Sh*ham Mr John Kyle Ms Mary Sutton Ms Catherine (Kate) Wilkln Mr Arthur (John) Harbach Mr John Farrow Mr Robin Buckley Position: Chair Secretsry Dates of service rf not for the full year: Appointed 19th March 2024 Appointed 19103124 - Resigned 05108125 Appointed 19103124 - Resigned 05108125 Appointed 19103124 - Resigned 05108125 Appointed 04103125 - Deceased November 25 Appointed 05108125 Aptyjinted 05108125 Treasurer Inde ndent Examiner: Rebecca Triffitt, MAAT Prdctice Accountant, Employ￿ of: Phoenix Accountancy and BLJsiness Consultancy Limited +6 Robert Str*t Scunthorpe North Lincolnshire DN15 6NG Bankers: NATW 60 Market Pla Beverley East Yorkshire HU17 8M Men In Sheds Beverley Charity No: 1184207 Trustees Annual Report For the year ending 1st July 2025 Structure, Governance and Management Men in Sheds Beverley is a registered Charitsble Incorporated Organisation governed by its Constitution (foundation model). The organisation was registered with the Charity Commission on the 2nd July 2019. Recruitment and a ointment The trustees form the Executive Committee of the charity. The members of the Executive Committee are eletted at the Annual General Meeting by the members of the Charity. All members are circulated with invitstions to nominate trust￿ in advance of the AGM. The Constitution of the Charity states that there must be at least three charty trustees and the maximum number of charity trustees is eleven. All trustees are appointed for a l year temi by a resolution passed at a properly convened meeting of the charity trustees. Tr stee In Trainin All trustees are provided with the Charity Commissions 'Roles and Responsibilities of Trustees,, the Constitution and the financial statements including the Annual Report. Any training required by the trustees may be requested at any p)int where it is considered useful to their role as trustee. anisational Structure: The board of Trustees manages the Charity, and aims to consider onw strategic decisions at its meetings. Trustees are aware that any conflict of interest is declared and recorded. The board holds its board meeting if when a Trust￿ request one. In conjunctton with the Trustees there is a committee ￿spOnSible for the day to day general running of the shed. Currently this is made up of the Trustees, however there are plans to expand in the future to include Committ￿ members from the general membership. The major risks, to which the charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to mitrgate those risks. All systems and procedures are reviewed regularly to ensure they meet charity law and our own organisation5 aims and objecbves. The charity has guidan￿ and a specific trustee who is responsible for the safeguarding of every member. Men In Sheds Beverley Charity No: 1184207 Trustees Annual Report For the year ending 1st July 2025 Objeclives and Activities The charity's object is: 'To promote social inclusion for the public benefit, by preventing people aged 18 or older within the Beverley and the surrounding area, becoming socially excluded. This is to be achieved by assisting them to integrate into society through the provision of facilities in which they can meet to undertake creativei physical or recreational activities, learn or pa55 on skills and knowl&ge and support each other sc(ially as well as helping with community- based projects." It is very imtJ)rtant to the trustees that the charity helps to provide support, understanding and a safe environment to males who want to join due to suffering from depression and other mental health problems. Safeguarding and suttabilty is very importsnt. Main ob ectives for the followin ear: In shaping our objectives for the following year and planning our attivities, the Trustees have considered the Charity COMMI￿10n,5 guidance on public benef￿ and this is regularly re- visited. I Continue to expand our membership and raise our profile in the community, with an emphasis upon supporting members most susceptible to being socially excluded. 2 Increase our range of attivities to support a wider range of potential members. Examples of such activities will be model making and photography. Achievements and Performance We have substantially rebuilt the organisation and management of the Shed following the departure of the original Treasurer who appears to have been the sole activator for management decisions. In the coming year we intend to develop better systems and practices to make the Shed an attractive pla￿ to be and Whe￿ chatter and pottering are encouraged. Financial Review Reserves Poli The charity doesn't have a reserves policy at the moment. Plans for Future Years Please see main objectives for the following year. Men In Sheds Beverley Charity No: 1184207 Trustees Annual Report For the year ending 1st July 2025 We are developing a series of Action plans to allow us to improve management of the proposed developments. The intention is to improve the conditions in the Shed with a cover over the kitchen and improved dust collection in the workshop area. We hope that with these improvements and more exposure of our activities through stands at fairs and outside the Garden Centre in which we have the Shed. We, the Tmstees of the charity who held office at the date of approval of these financial statements, 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 tsken all the steps that we ought to have tsken 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. ststement of disclosure of information to Independent Examiner We, the Trustees of the charity who held office at the date of approval of these financial statements, each confirrn so far as we are aware, that: there is no relevant inforniation of which the charty's Independent Examiner is unaware. and we have tsken all the steps that we ought to have taken as Trustees in order to make ourselves aware of any relevant informab'on and to establish that the charity's independent examiners are aware of that infomiation. Trustee Declaration The Trustees declare that they have approved the Trustees Annual Report. Signed on behalf of the charivs Trustees Mr Kevin Shee Trustee <17LJ- Date: Men In Sheds Beverley Trustees Annual Report For the year ending 1st July 2025 Charity No: 1184207 Independent Examiner's Report to the Members of Men In Sheds Beverley. I report on the accounts of Men In Sheds Beverley for the year ending 1st July 2025, which are set out on pages 8 to 11. Respective responsibilities of Trustees and examiner The charity's trustees are ￿spOnSible for the prepardtion of the accounts. The charity's trustees consider that an audit is not wuired for this year under section 144 of the Charities Art 2011 (the Charities Act) and that an independent examination is n￿ded. It is my responsibility to: examine the accounts under settion 145 of the Charities Act, to follow the procedures laid down in the general Direttions given by the Charity CoMmi￿10n (under section 145(5}(b) of the Charities Att, and to state whether particular matters have come to my attention. Basis of independent examlnerfs report My examination was carried out in accordan￿ with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The procedLJres 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 fairf wew and the rerM)rt is limited to those matters set out in the statement below. Independent examiner's statement In connettion wth my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Charits'es Act or the accounts do not accord with the accounting records I have come across no matters in connection with the examination tr) which attention should be drawn in order to enable a proFer understsnding of the accounts to be reached. Rebecca Triffitt, NAAT Practice Accountant, Employee of.. Phoenix Accountancy and Business Consultancy Limited 4-6 Robert Street Scunthorpe, DN15 6NG Date: Men In Sheds Beverley Charity No.. 1184207 Receipts and Payments Account For the year ended 1st July 2025 2025 2025 Unrestricted Restricted Funds Funds 2025 Total Funds 2024 2024 2024 Unrestricted Re5trlcted Totsl Funds Fund5 Funds Notes RECEIPTS Grants Mgmbership Fees Donations Sales FurKiraising nterest i.￿0 1,000 3,923 2,282 2,926 56 15 10,202 500 2,735 1,353 2,325 3,174 3,674 2,735 2,653 2,325 3,923 2,282 2,926 56 15 9,202 1,300 I,oc() 6,913 4,474 11,387 PAYMENTS Phone & Internet Rent Insuran Materials Cleaning Materials Stationery Marketing Refreshments Subscriptions Repairs & Renewals Accounts Tools & EquiprrEnt Sundries 353 1,560 647 1,423 409 300 353 1,560 647 1,423 340 1,430 588 624 85 iii 554 639 174 609 340 1,430 588 950 85 133 2,822 1,103 174 1,300 1,909 180 142 162 326 300 22 2,268 464 30 775 180 395 775 395 142 68 5,544 94 6,119 6,119 4,474 10,018 Net surpluslldeficit) for the year befo transfer5 Transfers beiween funds 1,0 4,083 1,369 1,369 Net surplus/(defiat) for the year 3,083 4,083 1,369 1,369 Cash & Bank Balan￿ brought foNard 1,989 73 2,062 620 73 693 Cash and bank balances carrled forward 5,072 1,073 6,145 1,989 73 1062 The notes on pages 10 and 11 fomi part of these financial statements. Men In Sheds Beverley Statement of Assets and Liabilities As at 1st July 2025 Charity No: 1184207 2025 Totsl Funds 2024 Total Funds Notes Monetary Assets Current Account Savings Account Petty Cash Total Monetary Assets 4,626 1,381 138 2,012 50 Comprising: Unrestricted Funds Restritted Funds 5,072 1,989 73 2,062 6,145 Non-monetary Assets and Liabilities Fixed Assets for the Charity's use: rr Equipment- Printer Laptop, Monitor & Soundbar Tools & Equipment 2 Tool Chests Router Table 294 1,304 8,694 840 287 11,419 294 1,304 8,694 840 287 11,419 Debtors Creditors Accounts Fees Rent (192) (180) (192) (180) These financial Statements have been approved by the Committ￿ on and signed on its behalf by: 2 6 (date) Mr Kevin Sheeman, Trust The notes on pages 10 and 11 fomi part of these financial statements. Men In Sheds Beverley Charity No: 1184207 Notes to the Financial Statements For the year ended 1st Juty 2025 Notes Basis of Preparation These accounts have been prepared on a receipts and payments (R&P) basis in line with charity commission guidan￿ for a charity of this size. This is the first year of operation, the Charitable Incorporated Oryanisation (CIO) registered with the Charity Commission on 2nd July 2019. Grants 2025 2025 2025 2024 2024 2024 Unrestricted Restrlrted Total Unrestrlcted Restricted Total Funds Funds Funds Funds Funds Funds Woodmansey Parish Council Groundworks ERYC 500 500 I,c(NJ 1,000 3,174 3,174 3,174 3,674 1,000 1,000 51)0 Restrirted Funds Balance asat Transfers Balance as Incoming Outgoing between funds 02107124 01107125 Beverley Consolldated Charities Groundworks 73 73 1,000 1,073 73 A brief description of the ￿Stricted funds are shown below: Restricted Funds (Continued) Beverley Consolidated Charities Restricted paint donation received from Beverly Consolidated Charities to fund new machinery (Tool Chest, Router Table & work top) io Men In Sheds Beverley Charity No: 1184207 Notes to the Financial Ststements For the year ended 1st July 2025 Groundworks Restritt& funds received from Groundworks, to be use on the upgrade of the building ceiling. Flxed Assets Men in Sheds Beverley malntains a fixed asset register for the Charity. The Fixed Assets register contains both purchased fixed assets and donated fixed assets. Donated assets are valued at market value on date donated. Taxation Men in Sheds Beverley is a registered charty. All the charities, income is applied to its charitable objectives and the association is therefore exempt under current legislation from most foms of tsxation. The charity is not VAT registered and all expenditure includes irrecoverable VAT. Payments to Trustees No ￿MUneratIon directly or indirectly out of the funds of the Charity was paid or payable for the year to any Trustee. There was no reimbursement of trdvel expenses paid or payable to Trustees in respett of the year. li