## **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.| 1 |**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| 2 ## **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| 3 |||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.| 4 ## **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| |---|---|---| 5 ## **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| ||| 6 **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**||| 7 ## **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|| 8 ||**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**| 9 ## **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| 10 **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: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records 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 11