## **Trustees’ Annual Report and Financial Statements**
## **1[st] April to 31[st] December 2022**
Charity Name: **Sheddington**
Principle address: **35 Fairfax Road, Teddington, TW11 9DJ**
Charity registered in England & Wales No: **1187049**
## **Report of Trustees**
The Trustees present their report together with the financial statement of the charity for the 9 months ending 31[st] December 2022.
## **Objectives and Activities**
The object of the charity is the preservation and protection of good health among people in Teddington and the surrounding area, including those who are retired, unemployed, bereaved, socially isolated or have health problems (physical or mental), through the provision of facilities in which they can meet jointly or individually to undertake creative, physical, recreational or learning activities, including practical interests and hobbies, learn or pass on skills and knowledge, support each other socially and help with community based projects.
The charity furthers its charitable object of promoting wellbeing in the local community for the public benefit by providing making and mending activities with the opportunity to gather socially and learn new skills. We are a gender neutral voluntary organisation. We repair and refurbish broken equipment such as furniture, electrical appliances, tools and toys. Sheddington provides educational and training talks and offers support and friendship, especially for those struggling with mental health, e.g. due to life-changing events. Our activities can be wide-ranging according to the interest of members - they include on-site gardening and a walking group (Sheddington Shufflers).
## **Achievements and Performance**
Our volunteers have continued to work hard on the refurbishment of our main premises (a dilapidated wooden hall) to the extent that we now have a completed social space and functioning workshops. The workshop capability comprises a large woodworking area, a clean room for the more delicate work such as electronics, and an engineering workshop for metal working. The refurbishment has been funded mainly through a generous grant from Richmond Council. Donations of equipment and additional grants from NHS England and Hampton Fund have also helped. There is further work underway to fully-equip the workshops, which is being done through 2023.
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(Replace with workshop pic)
Main Workshop
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With the workshops up and running we have been able to focus more on making and mending as an offer to the local community, and have repaired items such as chairs, tables, ornaments, electrical goods and garden items. This has been rewarding work. We should probably try to capture written feedback from some of our satisfied customers. The repair activities make a useful contribution to reducing waste in our local area (fewer trips to the waste and recycling centre) and always seem to bring pleasure to those who bring items in, especially when there is a sentimental value attached.
The Sheddington site
The community garden continues to be a great success and has produced good crops of fruit and vegetables. The harvest is shared and much enjoyed by those who visit Sheddington. A special rainwater capturing system with a very large holding capacity is being built by our volunteers, for eco-friendly watering. We also hope to install a greenhouse soon.
Community Hub: Sheddington continues to work with the Church (the site owners) and with other users (St. John’ Ambulance, Scouts etc) in building a community hub. We have worked on various site improvements such as building a storage shed for St John and are pleased that we now have a successful bee hive on site.
## **Structure and Governance**
Sheddington is governed by its constitution dated 9[th] September 2019 and was registered as a Charitable Incorporated Organisation (CIO) on 19[th] December 2019. The charity is governed by 5 Trustees:
Dr Mark Aston – Chair (appointed as new chair in 2023) Peter Brown – Secretary (appointed 20[th] January 2023) Dr Chris Manning – Founder (previous Chair) Dr Stephen Aras Dr Hugh Klein (appointed 20[th] January 2023)
Trustees are selected based on the skills they can bring to the functioning of the charity, their availability and commitment and their locality to Sheddington.
We manage our operations through a Steering Committee comprising 4 Trustees and an additional 4 committee members including a treasurer. The Steering Committee meets monthly to direct day-to-day activities, and is responsible for the appointment of new committee members. The Trustees meet separately every 6 months, or more frequently if matters dictate, and are responsible for setting strategy, appointing Trustees, and have legal responsibility.
The Trustees have had regard to the Charity Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant.
Sheddington has members who take part in or may lead activities. They join Sheddington by completing an application form, and are encouraged to make an annual donation (subscription) towards running costs.
## **Financial Overview**
The charity was in a good financial position at the period end (note the period is only 9 months due to us changing our financial year to run from January in future). Our income included a restricted grant from Hampton Fund of £5,000 towards running costs. Total receipts of £7,005 in the 9 months were much lower than the 12 months to 31[st] March 2022, which included one off grants for the hall refurbishment (2021/22: £36,696). Total expenditure in the period was £18,446 (2021/22: £12,709) primarily spent on the hall refurbishment. The Receipts and Payments account below gives more information.
Total reserves at 31[st] December 2022 were £20,418 (previous period end March 2022 £31,859); these comprised restricted funds £11,532 remaining primarily for the hall refurbishment (March 2022: £21,929), and unrestricted funds of £8,886. Unrestricted reserves were similar to those at the end of the previous period (March 2022: £9,930). We aim to maintain at least £2,000 of unrestricted reserves to meet 3 months of running costs.
_Look-ahead:_ Our 2023 budget plan suggests we require about £41k to complete the refurbishment/ workshop build and meet increased running costs for the next period (January - December 2023). This has been addressed through the Hampton Fund grant (£5,000) and a successful 5-year duration National Lottery bid. This will help ensure the sustainability of Sheddington.
The Trustees declare that they have approved the trustee’s report above.
Signed on behalf of the Charity’s trustees by:
Mark Aston Chair
Date approved: 24[th] October 2023
## **Receipts & Payments account:**
|**Receipts & Payments account:**|||
|---|---|---|
|Grants
Donations
**Total receipts**
Rent and Utilities
Insurance
Hall Refurbishment
Kitchen Build
Materials for making and mending
Tools and Equipment
Gardening
Activities and Events
General costs
**Total payments**
**Net (payments)/receipts for year**
Cash funds at start of year
**Cash funds at end of year**|**9 months ended 31/12/2022**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
-
5,000
5,000
1,841
164
2,005
**1,841**
**5,164**
**7,005**
1,677
389
2,066
592
-
592
-
12,516
12,516
-
1,985
1,985
265
41
306
136
520
656
-
-
-
39
-
39
176
110
286
**2,885**
**15,561**
**18,446**
**(1,044)**
**(10,397)**
**(11,441)**
9,930
21,929
31,859
**8,886**
**11,532**
**20,418**|**12 months**
**to 31/03/22**|
|||**Total funds**
33,580
3,116|
|||**36,696**|
|||1,094
638
6,346
2,995
62
940
249
-
385|
|||**12,709**|
|||**23,987**
7,872|
|||**31,859**|
## **Statement of assets and liabilities at the end of the period**
|**Analysis of cash funds:**
Current account
PayPal
Cash|**At 31st December 2022**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
8,665
11,532
20,197
75
75
146
146
**8,886**
**11,532**
**20,418**|**At 31st**
**March 2022**
**Total funds**
31,394
375
90
**31,859**|
|---|---|---|
## **Statement of assets and liabilities at the end of the period**
**(continued)**
|**Statement of assets and liabilities at the end of the period**
**(continued)**||
|---|---|
|**At 31st December 2022**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**Assets retained for the charity’s own use:**
Workshops - amounts spent
-
4,572
4,572
Tools & equipment – insured value
7,700
2,300
10,000
**7,700**
**6,872**
**14,572**
**Liabilities:**
Trade creditors
30
660
690
Accruals
-
1,000
1,000
**30**
**1,660**
**1,690**|**At 31st March**
**2022**|
||**Total funds**
4,572
2,065|
||**6,637**|
||177
500|
||**677**|
Settlement of these liabilities will be included in the 2023 Receipts & Payments account.
The Trustees declare that they have approved the Receipts & Payments account and Statement of Assets and Liabilities above.
Signed on behalf of the Charity’s trustees by:
Mark Aston Chair
Date approved: 24[th] October 2023
## **Independent examiner’s report to the trustees of Sheddington**
I report to the trustees on my examination of the accounts of Sheddington (‘the Charity)’ for the 9 months ended 31[st] December 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 25 October 2023
Debby Metcalf FCA LLB 22 Trowlock Ave Teddington TW11 9QT