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2022-12-31-accounts

Objecti v es and Activ itie s
SORP reference
Summary ofthe purposes of Para 1.17 Men in Sheds are community
spaces for men
the charity as set out in its to connect, converse and create. Our
governing document 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
At the beginning
of2022 our trustees signed an
agreement
with Letchworth
Heritage
Foundation
purposes
for the public
benefit,
in particular,
the
activities, projects or services
identified
in the accounts.
to have use ofpremises at Standalone
Farm
in
Letchworth,
Hertfordshire.
This agreement
(termed a License to Occupy) gives us use oftwo
ex-farm shed rooms and access to an electricity
supply free ofcost —providing
we undertake
occasional jobs in return.
By taking on these premises
and undertaking
a
rolling programme
ofnecessary
clean-up,
maintenance
and fit-out jobs beginning
in April
2022, we have been able to bring a number of
our volunteer
members
together on a regular
weekly basis since around
April 2022 for the
very
first time, towards our common
purpose.
Our volunteer
members
are mostly retired and
bring with them skills and experience gained over
lifetimes.
Everyone
is welcome and we regularly
receive enquiries
from interested
individuals
and
community
groups. We have taken on several
new individual
members
during 2022.
We are working
towards the fit-out ofa
workshop,
complete
with (mainly) woodworking
machinery,
power and hand tools. Though we
are still a little way from achieving
this, our
charity objectives offighting social isolation and
loneliness
are substantially
being met by our
regular weekly working
meetings
and being
engaged
on the various fit-out jobs.
In March 2022 our members
were given the
opportunity
to repay towards our License to
Occupy by way ofworking to erect a large
Polytunnel
at Standalone
Farm that will be used
by the Greencare at Norton
Community
Interest
Company
(CIC), enabling
them to expand their
therapeutic
gardening
project, for the benefit of
their members.
Statement confirming Para 1.18 We have three trustees.
Ail are members
and
whether the trustees have have been trustees since we registered as a CIO
had regard to the guidance charity
In 2020.
issued
by the Charity
Commission
on public
benefit
We continue
to operate
in our charities best
interests
and manage
its resources
with care and
to the best ofour ability.

Achievements
and
Per formance
SORP reference
We obtained
first-time
premises
in February
2022.
Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
'the cli'cul11s'tances
of Its
Para 1.20 Members
have together invested
their time and
effort in the regular weekly sessions towards
renovating,
building
and fixing the interior and
exterior ofour premises. These sessions are
substantially
meeting
our charity objectives of
fighting social isolation and loneliness.
Some
beneficiaries
and any wider
members
benefit by sharing a common
purpose
benefits to society as a that reduces loneliness
and isolation,
whilst
whole. others benefit from the camaraderie.
We have been fortunate
to have taken significant
public donations
of machinery
and tools that will
benefit our members
in our startup workshop.
We have continued
to take on new members
during 2022. Almost
all now return week after
week for the jobs we still have to do and to enjoy
social interaction
8 chats over tea and biscuitsl
dditional
information
(optional}
ou ma
choose to include further statements
where relevant
about:
Achievements
against
Para 1.41
objectives set
Performance
offundraising
activities against objectives
set
Para 1.41
Investment
performance
against objectives Para 1.41

During 2022, The Co-op were very generous During 2022, The Co-op were very generous to
provide
two grants totalling f3683towards
benches,
machinery
and tools.
Also very generous were the Hertfordshire
Community
Foundation
who initially granted
us
f5183to replace the concrete floor in our
premises. The Letchworth
Heritage
Foundation
did, however,
come forward to do this work
at
their own cost and the Hertfordshire
Community
Foundation
were gracious
in allowing
us to
repurpose
their grant towards the many
essentials
needed towards the opening
ofour
Men's Shed.
The Freemasons
have made a significant
unrestricted
donation
to our group ofF600 in
2022.
We have also received some member donations
and member
subscription
payments
during
the
last year.
A significant
amount ofthe grants received
in
2022 are earmarked
for spend
in projects
continuing
into 2023.
Opening
balance at 31/12/2021 was F351.04
Closin
Balance at 31/12/2022 is P9,545.37
Statement explaining the Para 1.22 We do not hold reserves.
policy for holding reserves
statin wh the are held
Amount of reserves held Para 1.22 The cash in our community
bank account is
E9,545.37
Reasons for holding zero Para 1.22 n/a
reserves
Details offund materially in Para 1.24 n/a
deficit
Explanation ofany Para 1.23 We do not pay for rent, rates, utilities, services or
uncertainties about the have any payroll costs and so not anticipate
charity continuing as a going financial
liabilities
arising.
concern Our fixed costs in 2023 will be covered
by grants
and donations
received.
Variable costs in 2023 will be covered
partly
by
grants and by member subscriptions.
The trustees
will follow budget
planning
for
2023
to ensure finances remain
under control.
investment policy and
objectives including
any
social investment
policy
Para 1.46
adopted
A description ofthe principal Finding volunteers
within
our charity to share the
risks facing the charity Para 1.46 day-to-day
workload ofgeneral
admin
and
specific tasks like fundraising
and budget
more
planning
is a constant headache. These
areas
usually
fall to one or two individuals
who
are
likely become overloaded.
We have the minimum
three trustees
and
have
been unsuccessful
in attracting
any more
from
our own membership.
If, for any reason,
any of
the existing three is unable to participate, we
won't be able to function.
Our AGM is due
shortly
and we hope to attract new volunteer
trustees.
We receive regular enquiries
from other
community
groups and individuals
wanting
to join
our group. We will organise our opening times to
accommodate
as many persons
in daily and
morning/afternoon
sessions as possible but it's
very likely space to operate
in will become
a
problem. We intend to approach
the managers
of
our premises
with a view discussing
use
of
adjoining
farm rooms that we may expand
into.
tructure , Governance and Management
Description of charity's We have no trusts.
trusts:
Type of governing 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 and
including
details ofany
constitutional
provisions e.g.
by our membership,
in line with our CIO
Constitution.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Recei ts and a ments accounts
For the period
from
To
0.00
Total receipts
' 57t.88
888.88
Small tools(~) 0.06
R'epairs and renewah
Refreshments 8 chaning
0.00 0.00
Subscripbons
Sundry 0.00 0.00
0.00
0.66
Q.QG 0.00 ''.. :. ' 6„89
8.88 :,8tt0 8tl8
Totai payments :,:::-::-':::::,
-:: ; ":::::::::.
::::.';::;;::::::sw.
'
~yliii
Net ofreceipts/(payments)
Transfers betseen funds 0.00 0.00
Cash funds iast year end ;85%',8
Cash funds this year end

W
~
re
ategories
e ~ ~ ~ ~
~
~ ~ ~
Unrestricted Total current
funds Pe)1od
Cash funds trt nearest R tcnearest F tothe nearest s
Current account 0.00
Deposit account 0.00 0.00
Cash 0.00
Total cash funds
(agree sciences with receipts and payments acccunt(s))
Other monetary assets
Stocks/goods
for sale
Debtors
Investment
assets
Assets retained for the Shed's
owrt use
Buildings 0.00
Large items ofmachinery 165.00 488'og
Power tools 565.00
Hand tools 100.00
Other assets 100.00
Liabilities
Trade creditors
Accrued expenses
Signed by one ortwo trustees on behalf
ofall the trustees Slg I'e Print Name Date ofapproval