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2024-03-31-accounts

Trustees’ Annual Report for the period

From 1.4.2023 Period start date To 31.3.2024 Period end date

Charity name: Kingswood Hazel Leys Community in Sheds

Charity registration number: 1188380

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To further or benefit the residents of Corby
and the neighbourhood, without distinction
of sex, sexual orientation, race or of
political, religious or other opinions by
associating together the said residents and
the local authorities, voluntary and other
organisations in a common effort to
advance education and to provide facilities
in the interests of social welfare for
recreation and leisure time occupation with
the objective of improving the conditions of
life for the residents.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Delivered and helped to facilitate many
classes and craft sessions around:
Woodworking
3d Printing
DIY Repairing and restoration Fabric,
Textiles
Arts and Crafts; Machining (sewing, CNC
routering), Screen printing, hobby crafting.
NHS social prescription weekly sessions
NNC resettlement sessions
NNC Adult Learning sessions
Projects nominated by members for the
local residents
*Saturday under 18’s Workshop activities;
Art, 3d printing, Crafting.
We operated a Warm Hub using funding
from National Grid from December 2023 to
March 2024
We have also offered Training to members.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 All the trustees, guided by the Charity
Commission, reviewed the KHL Community
in Sheds constitution. Some amendments
were proposed and agreed at the 2023
AGM. We are clear about the public benefit
the shed will provide.

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Additional information (optional)
You may choose to include further statements		 Additional information (optional)
You may choose to include further statements		 where relevant about:
SORP reference
Policy on grant making Para 1.38 The CIO is not a grant making charity
Policy on social investment
including program related
investment		 Para 1.38 The CIO has a regular account with Lloyds
Bank. We use this for regular workshop
management and purchases. We opened a
saving account with Lloyds bank in
February 2023. We have kept some
restricted and unrestricted funds in here to
gain interest until the time arises to use it.
Contribution made by
volunteers		 Para 1.38 The steering group grew to 10 members
who continued to meet fortnightly for an
hour and half all year to discuss and
manage the workshops daily needs.
Additionally, 4 new volunteers have joined
us from the local community who help to
facilitate and open up for various
sessions/classes/events that take place in
the workshop. On average our volunteers
put in around 60 combined hours a week to
operate our space

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Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 By the end of March 2024, we had around
150 members, men and women of all ages,
from Kingswood and Hazel Leys and the
wider area. Members share skills and
knowledge and try new tools and
techniques, from sewing machines to
woodworking, jewellery making to 3d
printing.
We continue to flourish with several
organisations hiring and using our space.
The biggest highlights of the year would be:
Successful running a 3-days a week
warm hub from December 2023 to March
2024 using a grant from the National Grid
 Our partnership with Corby Community
Arts who have delivered many creative
classes.
North Northants Council Adult learning
service hiring rooms and delivering free
training courses to our members and the
wider community.
 Watching the member base grow and
flourish as a community
The Workshop continues to grow with more
creative ideas and projects coming to the
table regularly.

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 At the 31stMarch 2024 the Lloyds bank
current account held £21,515.55, the
savings account held £20,059.98 and cash
held £128. Unrestricted funds made a
surplus of £15247 this financial year. We
will be applying for further grants from a
range of sources.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We have developed our reserves policy as
part of our financial regulations. The
Trustee Committee will consider the level of
reserves that is prudent for KHL
COMMUNITY WORKSHOP annually.
Consideration will be given to redundancy
liabilities, lease agreements and any other
significant factors that should be
considered were KHL COMMUNITY
WORKSHOP to close.
Amount of reserves held Para 1.22 Unrestricted fund reserves of £20154 were
held at 31stMarch 2024, which is over 4

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years of regular running costs. Restricted
funds of £21550 were held at the year end.
Reasons for holding zero
reserves		 Para 1.22 N/a
Details of fund materially in
deficit		 Para 1.24 N/a
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/a

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 KHL Big Local
Legacy Donation
Membership fees
Session fees
Grants
Donations
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 The CIO has not made any investments in
stocks and shares.
The CIO’s principal asset is the Workshop
a purpose-built three-room steel building
equipped with 16 solar panels and a wide
range of woodworking, DIY, art, sewing, 3D
printing and photography equipment as well
as a space to prepare refreshments. Our
aim is to use this asset to invest in people
sharing skills, time and conversation.
Members can choose to work on individual
and community projects.
A description of the principal
risks facing the charity		 Para 1.46 The principal risk is failing to attract
sufficient funds either in the form of grants
or through membership fees and sales of
work. To date we have been reasonably
successful in pursuing grant funding
opportunities and delivering on our
proposals to funders. We have built a
strong partnership with KHL Big Local,
Corby Community Arts, Made with Many,
the Core Theatre, Groundwork Northants
as well as working closely with North
Northants Council.

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Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25		 CIO Association Model
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Eligibility for trusteeship (January 2019):
(i) All the Trustees shall be members of the
KHL Community in Sheds.
(ii) No one may be appointed as a trustee
of the KHL Community in Sheds if they are
disqualified from acting as a charity trustee
by virtue of sections 178 - 180 of the
Charities Act 2011 (or any statutory re-
enactment or modification of that
provision).
(iii) No one is entitled to act as a charity
trustee whether by election or co-option
until he or she has expressly
acknowledged, in whatever way the charity
trustees decide, his or her acceptance of
the office of charity trustee.
Officers
The members will, in electing trustees at
the AGM, elect said trustees to the officer’s
posts of Chair, Vice Chair, Treasurer,
Secretary and Social Secretary.
Casual Vacancies
26. The Trustees may also and at any time
co-opt up to two additional members of the
KHL Community in Sheds to the Board of
Trustees. All persons so co-opted shall
retire at the AGM following their co-option
but shall be eligible to stand for election.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 Each new Trustee must receive, on or
before his or her first appointment:
(a) Copy of the current version of this
constitution; and
(b) A copy of the KHL Community in Sheds
latest Trustees' annual report and
statement of accounts

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Reference and Administrative details

Charity name Kingswood Hazel Leys Community in Sheds
Other name the charity uses KHL Community Workshop
Registered charity number 1188380
Charity’s principal address Woodsend Bowling club
School place
Corby
NN18 0QF

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Names of the charity trustees who manage the charity

1
2
3
4
6
7

 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Bryan Massie
Tim Morton
Seamus Hennesy Upto 11thOctober 2023
Susanne
Cunningham		 Treasurer Up to 4thDecember 2023
John Macintyre
Whiteford		 Chair
John McGhee
George Hill 11thOctober 2023 to 4th
December 2023
Andrew McMichael 11thOctober 2023 to 4th
December 2023

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

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Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
John Whiteford Timothy John Morton

Chair		 Treasurer
11.10.2024

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Kingswood Hazel Leys Community inSheds Kingswood Hazel Leys Community inSheds Kingswood Hazel Leys Community inSheds Kingswood Hazel Leys Community inSheds 1188380 CC16a
Receipts andpayments accounts
For the period
from		 Period start date To Period end date
01/04/2023 31/03/2024
Section A Receipts and payments
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest
£		 to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Grants 14,266 30,200 44,466 5,250
donations 1,285 - - 1,285 1,219
fundraising 3,404 - - 3,404 2,682
membership 1,978 - - 1,978 837
sales ofgoods 135 - - 135 355
office costs - - - 320
- - - -
- - - -
Sub total(Gross income for
AR)		 21,068 30,200 - 51,268 10,663
A2 Asset and investment
sales, (see table).
Interest 78 - - 78 12
- - - -
Sub total 78 - - 78 12
Total receipts 21,146 30,200 - 51,346 10,675
A3 Payments
cost of materials for activities 1,908 528 - 2,436 46
runningcosts(energyetc) 2,107 724 - 2,831 1,760
Staff costs 6,732 - 6,732 785
advertising 314 - 314 250
office costs 338 666 - 1,004 378
- - 575
- - - -
- - - -
- - - - -
**Sub total ** 4,667 8,650 - 13,317 3,794
A4 Asset and investment
purchases, (see table)
new equipment 997 - 997 908
buildingworks 235 - 235 17,084
**Sub total ** 1,232 - - 1,232 17,992
Totalpayments 5,899 8,650 - 14,549 21,786
Net of receipts/(payments) 15,247 21,550 - 36,797 - 11,111
A5 Transfers between funds - - - - -
A6 Cash funds lastyear end 4,907 - 4,907 4,907
Cash funds thisyear end 20,154 21,550 - 41,704 - 6,204

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Section B Statement of assets and liabilities at the end of the period

Categories Details Details Details Unrestricted
funds		 Restricted
funds		 Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds lloyds savings 20,060 -
lloyds 20,026 1,490 -
cash 128 - -
Total cash funds 20,154 21,550 -
(agree balances w ith receipts and payments
account(s))		 OK OK
Unrestricted
funds		 Restricted
funds		 Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets Subs due 10 - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which
asset belongs		 Cost (optional) Current value
(optional)
B3 Investment assets Nil - -
- -
- -
- -
- -
Details Fund to which
asset belongs		 Cost (optional) Current value
(optional)
B4 Assets retained for the
charity’s own use		 Workshop Unrestricted - -
Solar Panels Unrestricted - -
3Dprinter Unrestricted - -
Other tools and equipment Unrestricted - -
- -
- -
- -
- -
- -
Details Fund to which
liability relates		 Amount due
(optional)		 When due
(optional)
B5 Liabilities Staff costs Restricted 220 02 April 2024
Activitycosts Restricted 140 02 April 2024
Utilities Unrestricted 81 09 April 2024
Independent Examination Unrestricted 114 31 January2025
Signed by one or two trustees on
behalf of all the trustees		 Signature Print Name Date of
approval
John Whiteford 11/10/2024
Timothy John Morton 11/10/2024

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of Kingswood Hazel Leys Community in Sheds

On accounts for the year
ended		 31st March 2024 Charity no
(if any)		 1188380

Set out on pages 1 to 10

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: Signed: 15/01/2025 Name: Mrs J E Stobart Relevant professional FCCA qualification(s) or body (if any):

Address: c/o RCCE, Threshelfords Business Park, Inworth Road Feering, COLCHESTER Essex CO5 9SE

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