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2020-10-30-accounts

SORP reference
Summary ofthe purposes of Para 1.17 Men
in Sheds are community
spaces for men
the charity as set out
governing
document
in its to connect, converse
and create. Our
Letchworth
Shed aims to reduce loneliness
and isolation for primarily
older and often
retired
men by developing
that sense of
personal
identity,
and purpose
and restoring
the camaraderie
which isso often lost after
retirement.
Summary
activities
ofthe main
in relation to those
Para 1.17and
1.19
This reporting
period began
with collection of
donated
tools from our Camden
Shed friends
purposes
for the public
benefit,
in particular,
the
activities, projects or
services identified
in the
accounts.
and group meetings
to identify leads on
potential
premises.
By early March 2020, we
were close to an agreement
to use a portakabin
on site at a local community
organisation
we
had a relationship
with. However,
by the middle
of March 2020, the Covid lockdown
brought
everything
to a standstill.
Later in 2020, as some restrictions
were eased,
there was a general
reluciance
to use online
meeting
technology.
We did try a couple of
meetings
with some success but we had little to
dIscuss.
We continued
to receive tool donations
and
individually,
some members
met for mutual
support. We did receive enquiries
from other
local community
groups
including
GP Link
workers
enquiring
about placement
oftheir
service users when restrictions
would allow. We
also regularly
received new member enquiries—
evidence ofa need for our group's potential—
that were filed for our restart.
This situation
largely persisted
through
to the
end (and beyond) ofthis reporting
period.
Membership
subscriptions
were suspended
for
the duration as no benefit was being afforded to
members.
Statement confirming Para 1.18 Our normal
meeting
period was monthly
up to up to
whether
the trustees
have Covid lockdown
in March 2020. After March,
had regard to the guidance face-to-face member
meetings
stopped.
issued
by the Charity
Commission
on public
benefit
Trustees continued
to stay in touch and
occasionally
met online or in person
infrequently
as lockdown
restrictions
changed
and allowed.
Members were contacted
by
email
occasionally.
Additional information (optional)
You ma
choose to include further statements
where relevant
about:
SORP reference
Policy on grant making Para 1.38
Policy on social investment Para 1.38
including program
related
investment
Para 1.38
Contribution
made by
volunteers
Other
Achievements
and
Performance
SORP reference
Letchworth
Men in Sheds achieved
registered
status as CIO on 10~ March 2020.
Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
the circumstances
of its
Para 1.20 Our new status was to be the legal entity that
would
allow us to seek a rental or other legal
agreement
for premises to operate from.
Unfortunately,
the 2020 pandemic
restrictions
closed all face-to-face meetings,
almost all
discussions
and halted most group activity.
beneficiaries
and any
wider
benefits to society as a During
this reporting
period we managed
a
whole. couple of outdoor committee
meetings,
an
online meeting
to discuss premises
with
the
largest local community
property
landlord
and
followed
two property
leads that eventually
came to nothing.
Our group has attempted
to stay in-touch
via
email, a one-off newsletter
and one-to-one
member visits when restrictions
allowed.

inanc i al
Review
al
Review
al
Review
Review ofthe charity's Para 1.21 At the start ofCovid lockdown,
member
financial
position
of the period
at the end subscriptions
were suspended
and, as we had
no premises
and no direct expenditure,
finances for the reporting
period have not
changed
from beginning
to end.
Statement
explaining
the Para 1.22 We have very minimal
reserves that reflects the
policy for holding
stating
why they
reserves
are held
fact we have little expenditure
since we do not
manage
premises
and have few incidental
costs, beyond the occasional community
group
subscription.
Amount ofreserves held Para 1.22 Our reserve is the total ofcash in gur
community
bank account i.e., E13$
Reasons for holding zero Para 1.22 n/a
reserves
l3etails offund materially in Para 1.24 n/a
deficit
Explanation
ofany
Para 1.23 Financially,
whilst we have no premises
or
uncertainties
about
the associated
running
costs, our group
will not
charity
concern
continuing as a going become insolvent.
We perhaps
have a small
concern that membership
may dwindle
over
lockdown
period and beyond, as members
find
other priorities
and may not return as
restrictions are lifted. We are however confident
ofcontinued
interest
in what we have to offer
long term and expect that will attract new
members
(particularly
as the challenges
of
lockdown
have brought
new isolation and
challenges
for many, who we believe
will now
seek us out).
Additional information information (optional)
You ma
choose to include further statements
where relevant about
The charity's principal This reporting
period covers the main pandemic
sources offunds (including
any fundraising)
Para 1.47
lockdown
when we member subscriptions
suspended.
During
this period, we gained
other funds and did not seek grants, since
were
no
we
had no ex enditure
to su
ort.
n/a
Investment policy and
objectives including
any
social investment
policy
Para 1.46
adopted
A description of the principal Inability to find premises
from which to operate
risks facing the charity Para 1.46 will,
ifcontinued,
lead to loss of interest from
existing members
and a significant
decline
in
ambition
from trustees as well as members.
We
look forward to businesses
and groups
beginning
to return to some normality
during
2021 which
will
support our search for
premises.
Other

Description
of charity's
We have no trusts.
trusts:
Type ofgoverning
document
Para 1.25 Constitution ofa Charitable Incorporated
Organisation (CIO) with voting members other
than its chari trustees.
How is the charity Para 1.25 CIO
constituted?
Trustee selection methods Para 1.25 All our trustees are volunteers, elected from
including
details of any
constitutional
provisions e.g.
and by our membership,
Constitution.
in line with our CIO
election to post or name of
any person or body entitled
to appoint one or more
trustees
trustees trustees
Additional information (optional)
You ma choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training oftrustees
Para 1.51
The charity's organisational
structure and any wider
network with which the
charit works Para 1.51
Relationship with any related
parties
Para 1.51
Other

mes ofthe charity t rustees who ma nage the ch arity
Trustee name Office (ifany) Dates acted ifnot for whale year Name ofperson (orbody) entitled
to a
oint trustee
ifan
1 Peter Hill Chair Membership
2 Mike Elsdon Membership Membership
3 Neill Withington Treasurer 06/02/2020 onwards Membership
Name oftrustees
holding
title to property
belonging
to the
charity
Trustee name Dates acted ifnot for whole ear
Funds held as custodian trustees on behalf ofothers
Description
of the assets
None
held
in this capaciiy
Name and objects ofthe n/a
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for n/a
safe custody and
segregation
ofsuch assets
from the charity's
own
assets