## **Trustees’ Annual Report and Financial Statements**
## **1[st] January to 31[st] December 2023**
## 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 12 months ending 31[st] December 2023.
## **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**
The refurbishment of our main premises (a wooden hall) is now complete. We have a welcoming social space for tea, coffee and snacks which is used by members throughout the week, and which has been used for special events such as a baking session and BBQ event. The main workshop is now well equipped – we can offer woodwork and electrical and electronics activities and people can choose to
repair/repurpose items that have been brought in, or work on their own projects. There is a separate ‘oily’ workshop which we use for metal working which includes a lathe and a set of new welding apparatus. In 2023 we repaired over 130 items. Things brought in included toasters, ornaments, childs toys, wobbly furniture, radios, clocks that won’t go, record players, lawnmowers, shears that
Main Workshop
need sharpening etc. We have a blog on our website which gives short stories of some of the repair work that has been carried out. It has been rewarding and reduces waste and brings pleasure to those who bring the items in.
The community garden has been wonderful, with great crops of fruit and vegetables again. The harvest is shared and enjoyed by members. The plot was enhanced with the addition of a greenhouse as per our 2023 plan, and now with a bee hive and wild flower areas and various potted plants it all makes for an interesting, attractive and thriving habitat. One of our members made a fascinating video of insect life on the site, which is available on our website
Insect photo captured on our site
Our Sheddington Shufflers group conducted several walks during the year. A highlight was a trip into London for a quided tour around Lambeth – entitled ‘Doing the Lambeth Walk’. Peter Brown, one of our Trustees, undertook training and took exams to become a fully qualified tour guide. We are fortunate he is able to lead us with these popular events.
## **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 (Founding member, appointed chair 2023) Peter Brown – Secretary (appointed 2023)
Dr Chris Manning – Founder (Chair 2019-2023) Dr Stephen Aras – Founding member Hugh Klein - Appointed 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 5 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. All members undergo a safety induction, and there is control around the use of workshop equipment to minimise risk.
## **Financial Overview**
The charity was in a good financial position at the end of 2023. Our income included first-year contributions totalling £20k from a 5 yr lottery grant award, plus a generous unrestricted grant of £10k from LBRuT for wellbeing (suicide prevention). The income from membership was £1,515 and from making and mending donations £1,156. Total receipts in 2023 were £33,560 (9 months 2022: £7,005).
The total expenditure in the period was £35,430 (9 months 2022: £18,446). The major components of this were building/site works (£16,049) and rent/utilities (£5,317). Building and site works included roof repairs costing £6,825 (funded partly from the National Lottery grant by agreement) and a final payment for electrical installation work of £7,370.
The Receipts and Payments account below gives further detail.
Total reserves at 31[st] December 2023 were £18,548 (previous period at end 2022 £20,418); this comprised unrestricted funds £18,870 and a restricted funds deficit of £322. This overspend of restricted funds is to be carried over to 2024. The unrestricted reserves are higher than at the end of the previous period (December 2022: £8,886), which is encouraging. We are aiming now to maintain at least £8k of unrestricted reserves to meet 12 months of running costs.
_Look-ahead:_ The 5-year National Lottery funding is helping us to become fully established and sustainable. We will start to look harder now at generating more funding organically/internally within the charity in case we find grant monies become less reliable as a source in the future. This is to 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: 23/08/24
## **Receipts & Payments account:**
|**Receipts & Payments account:**|||
|---|---|---|
|Grants
Donations
**Total receipts**
Rent and Utilities
Insurance
Building and Site Works
Materials for making and mending
Tools and Equipment
Workshop consumables and materials
Gardening
Health Safety Security Environment
Kitchen, Social Space, and BBQ
Accountancy
General office & admin
**Total payments**
**Net receipts/(payments) for year**
Cash funds at start of year
**Cash funds at end of year**|**12 months ended 31/12/2023**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
10,000
20,005
30,005
3,555
-
3,555
**13,555**
**20,005**
**33,560**
-
5,317
5,317
-
602
602
3,558
12,491
16,049
-
206
206
-
6,606
6,606
-
1,096
1,096
-
782
782
-
1,267
1,267
-
1,431
1,431
-
1,000
1,000
13
1,061
1,074
**3,571**
**31,859**
**35,430**
**9,984**
**(11,854)**
**(1,870)**
8,886
11,532
20,418
**18,870**
**(322)**
**18,548**|**9 months to**
**31/12/2022**|
|||**Total funds**
5,000
2,005|
|||**7,005**|
|||2,066
592
14,501
306
656
-
-
-
83
-
242|
|||**18,446**|
|||**(11,441)**
31,859|
|||**20,418**|
## **Statement of assets and liabilities at the end of the period:**
|**Analysis of cash funds:**
Current account
PayPal
Cash|**At 31st December 2023**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
17,732
(322)
17,410
884
-
884
254
-
254
**18,870**
**(322)**
**18,548**|**At 31st**
**December**
**2022**|
|---|---|---|
|||**Total funds**
20,197
75
146|
|||**20,418**|
## **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 2023**
**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
11,613
8,387
20,000
**11,613**
**12,959**
**24,572**
**Other monetary assets:**
Gift Aid due
560
-
560
Other debtors
3
-
3
**563**
**-**
**563**
Receipt of these amounts due will be included in the 2024 Receipts & Payments account.
**Liabilities:**
Trade creditors
-
218
218
Accruals
-
716
716
**-**
**934**
**934**|**At 31st**
**December**
**2022**|
||**Total funds**
4,572
10,000|
||**14,572**|
||-
-|
||**-**|
||690
1,000|
||**1,690**|
Settlement of these liabilities will be included in the 2024 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: 23/08/24
## **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 12 months ended 31[st] December 2023.
## **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: 26/08/24
Debby Metcalf FCA 22 Trowlock Ave Teddington TW11 9QT