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2023-12-31-accounts

SORP reference
Summary ofthe purposes of Para 1.17 Men in Sheds are community
spaces for men to
the charity as set out
governing
document
in its 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 is
so often lost. after retirement.
Summary
activities
of the main
in relation to those
Para 1.17and
1.19
In 2022 we moved
into and began repairing
our
premises at Standalone
Farm, Letchworth,
purposes
for the public
benefit,
in particular,
the
activities, projects or
services identified
in the
accounts.
2023 has been about making these premises
habitable,
safe and functional
with members
taking on various voluntary
jobs for our own
benefit that has included
building
work
benches,
shelving,
installing
roof insulation,
opening a new doorway,
constructing
a
specialist. lathe bench for woodturning
tuition.
These activities support our aim to reduce
loneliness
and isolation
by providing
a place to
meet up with and engage with others whilst
focusing on a common
purpose.
Having a functioning
workshop
(mainly
using
publicly donated
machinery),
has enabled
us to
deliver local community
projects. In particular,
we have repaired
table tennis tables for the
local Letchworth
Sports and Tennis Club, built
(from reclaimed
timber) a large flower planter
for a local Baldock retirement
home and made
barn owl boxes for a nearby farming
8 wildlife
group.
Our tenancy at Standalone
Farm requires
us to
take on various make and repair projects
around the Farm
in return for our use of
premises.
In 2023 we have been involved
with
preparing
a new build polytunnel
for general
use with ground
works and wood cladding,
repairing
many public rubbish
bins, making
shelving
for a refreshment
kiosk, as well as
completing
several
small
repair projects,
Having workshop
projects ofvarious
kinds,
ives
ur ose and
rovides our members
with
many opportunities
to engage with others
in line
with our
ur oses.
Statement confi
ing
Para 1.18 We began this year with three trustees,
voted
whether the trustees have on and accepted a fourth
in July but finished the
had regard to the guidance
issued
by the Charity
Commission
on public
benefit.
year with three, following
the untimely
death of
one in October. All trustees are members,
fully
participate
in group activities and are registered
with the Charity Commission.
We continue to operate
in our charities best
interests and manage
its resources
with care
and to the best ofour ability.
Additional information information {optional) {optional)
You ma
choose to
include further statements where relevant about:
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Other

Achieve men ts
and Per
formance
SORP reference
Our membership
continues
to grow, with many
who have been meeting
with us for more than 2
years and
in some cases, 3years.
Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
the circumstances
of its
Para 1.20 Currently
we have around 25 members
and
continue to attract interest from mainly
retired
men who are keen tojoin us for camaraderie
and to be involved
in something
that gives
purpose
and gives back to the community.
beneficiaries
and any wider
benefits to society as a We hold regular weekly sessions that are well
whole. attended
by more than 10members.
Grants that we obtained
in 2022 continued
to
be spent in 2023 on essentials
like, dust
extraction
equipment,
PPE overalls
/ masks/
visors/ gloves, a new woodturning
lathe and
accessories, fire appliances
8 training
and first
aid. And we have been successful
in raising our
own funds from donations
made
in respect of
items our members
have made for local
organisations
and groups,
in particular a large
flower planter and number ofowl boxes.
The regular sessions we hold and workshop
activities we undertake
substantially
meet our
charity objectives offighting social isolation and
loneliness, as well as bringing
people together
in common purpose.

Achievements
against
Para 1.41
objectives set
Performance
offundraising
activities against objectives
Para 1.41
set
investment
performance
Para 1.41
against objectives
Other

Financ ial Review Review Review Review
Review of the charity's Para 1.21 We did not receive any grants
in 2023.
financial
position
ofthe period
at the end We were able with agreement
to re-purpose a
grant from HCF received
in 2022 to use in 2023
for buildings
work towards roof insulation,
safety
handrails,
fire protection,
first aid, converting
a
window
into a door.
We continued
to spend a grant received from
the Co-op towards
new workshop
machinery
(woodworking
lathe, dust extractor, chip
extractor, power tools, oscillating
sander,
professional
sharpener
and insurance.
At the beginning
of2023 our funds were 69545
at the end of2023 our funds were f2675, which
includes member subscriptions,
donations
from
individuals
as well as donations
made to us by
way of items made to order.
Statement explaining the Para 1.22 We do not have a policy for holding reserves.
policy for holding reserves We have underspent
on grants received
statin wh the are held
Amount of reserves held Para 1.22 Cash currently
in our community
bank account
is226?5
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 occupy our premises
by way ofan
uncertainties about the agreement
called a License to Occupy (LTO)
charity
concern
continuing as a going from the owner ofthe Farm in which we reside.
The owner is The Letchworth
Garden
Heritage
Foundation.
We know that they have been
working
on a revised
LTO since November
2023.We do not know yet ifthe terms ofour
occupation
will change. And so there is
uncertain
for us into 2024.
Additional information (optional}
You ma choose to include further statements where relevant about
Our principal sources offunding
have been two
grants from the Hertfordshire
Community
The charity's
principal
sources offunds (including
Para 1.47 Foundation
and the Co-op and, a donation
from
the local Masonic Lodge. All received
in 2022.
any fundraising)
n/a
Investment
objectives
policy and
including
any
Para 1.46
social investment policy
adopted
We began 2023 with a minimum
three trustees
and gained a fourth
during the year. The
A description
risks facing
ofthe principal
the charity
Para 1.46 untimely
death ofone trustee leaves us again
with a minimum.
We will look to take on another
trustee from the membership.
Space to operate our workshop is at a premium.
We have approached the owners ofthe farm
but have not been successful
in
acquiring
more
space. We will look to open more sessions on
other days ofthe week to spread the member
load.
Other

Description
of charity's
We have no trusts trusts
trusts:
Type ofgoverning
document
Para 1.25 Constitution of a Charitable Incorporated
Organisation (CIO) with voting members other
than its chari trustees
How is the charity Para 1.25 CIO
constituted'7
Trustee selection methods Para 1.25 All our trustees are volunteers, elected from
including
details of any
and by our membership, in line with our CIO
constitutional
provisions
e.g. Constitution
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional
information
(optional)
You ma
choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction
Para 1.51
and training
oftrustees
The charity's
organisational
structure
and any wider
Para 1.51
network
with which the
charity works
Relationship
with any related
Para 1.51
parties
Other

Charit
name
Letchworth Men in Sheds
Other name the charit
uses
Re istered charit number 1188445
Charity's
principal
address c/o 1, Milestone Close, Stevenage, Hertfordshire
Postcode
ofthe charity tr ustees who manage the charity
Trustee name ONce (ifany) Dates acted ifnot for whole
ear
Name ofperson (or body) entitled
to a
oint trustee
ifan
Peter Hill chair The membership
Neill Withington treasurer The membership
Mike Elsdon membership 01/01/23 to 03/10/23 The membership
Chris Lee membership 21/07/23 to 31/12/23 The membership
Name oftrustees
holding
title to property title to property belonging to the charity
Trustee name Dates acted ifnot for whole ear
Funds held as custodian trustees on behalf ofothers
Description
ofthe assets
none
held in this capacity
Name and objects ofthe n/a
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Detaiis ofarrangements for n/a
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

Forthe period To
fr8im 01/01/2023 31/12/2023
~ ~ s ~
Unrlkstricted
tothe nearest E
Restricted
tothe nearest t
Total funds
tothe nearest
K
Last year
io the nearest
E
Receipts
Membership fees 216.00 0.00 216.00 296 QQ:
Donations 169.19 0.00
Grants 0.00 0.00 8.866.21
Sales i event income 0.00 459.66
interest 0.00 0.00
10.00 0.00 10.60
Sub total (Gross income for AR/ 854.l9 0.00 854.79 10,321.40:
Asset and investment sales
Sale ofassets 80.00 0.00 80.00
Sale of investments 0.00 0.00
Sub total 80.00 0.00 80.00 0.00i
Total receipts 934.79 10,321.40;:
Payments
Shed premises costs 3,028.92 0.00 3,028.92 5?1.98.i
Insurance
Materials
&consumables
1,112.91 0.00 'l,112.91
Small tools (&f25) 581.32 0.00 581.32
Repairs and renewals 0.00 0.00 Q.QQ
Refreshments & cleaning 0.00 446.24
Admin/Office costs 10.00 0.00 10.00
Subscriptions 19.19 0.00 19.19 49 19'
Sundry 0.00 0.00 0.00 Q. QQ
Other 0.00 0.00 0.00
Sub total 5,640.18 0.00 5,64Q.18 1,12?.07
Asset and investment urchases
Hand and power Tools (&25) 0.00 0.00 0.00 Q Qo'
Workshop
machines
2,164.92 0.00 2&164.92
Sub total 2,164.92 0.00 2,164.92 0.00';
Total payments 7805.16 7,805.16 1,127.07,:
Net ofreceipts/(payments} 4,870.31 0.06 %,870.31 9,194.33
Transfers
between
funds 0.00 0.00
Cash funds last year end 9,545.37 0.00 9,545.3T 35! Q4
Cash funds this year end 2675.06 2675.Q6 9,545.37 i
Categories
Unrestricted Restricted Total current
fullds funds Period Last year
Gash funds to nearest K to nearest s tothe nearest S to the nearest K
Coop account 2,638.56 0,00
Barclays account 0.00
0.00
Total cash funds 2 675.06
(agree balances
with receipts and payments
account(s)l
Other monetary assets
Stocks/goods
for sale
0.00
Debtors
0.00
0.00
Investment
assets
0.00
0.00
0.00
0.00
As&ets retained for the Shed's
own use
Buildin s 2,100
Ler e items ofmachine 2,582.88
Power too/s 2,&64.96
Hand tools
519.00
Liabilities
Trade creditors
Accrued expenses
0.00 0.00l,
Signed by one or two trustees on behalf
ofali the trustees Si ure Print Name Date ofa roval ,
'
k3.Mt~ Ifu~rrD~ l~.g-
Coop account summary
Opening 8alance asat 01/01/2023 0.00
Receipts and net transfers 8,901.32
Payments -6,262.76
Closing Balance as at 31/12/2023 2,638.66
Gash funds
Coop account
Barclays account
Total cash funds
(agree balances
with receipts and payments
account(s)l
Other monetary assets
Stocks/goods
for sale
Debtors
Investment
assets