2023-03-31-accounts - Nettlestone And Seaview Shed

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Trustees’ Annual Report for the period

Period start date: 01/04/2022Period end date: 31/03/2023

Charity name: Nettlestone and Seaview Shed

Charity registration number: 1189878

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the CIO are as follows: To prevent social exclusion by promoting the opportunity for friendships, social engagement and skill sharing in a safe and enjoyable environment, in which members and anyone over the age of 18 can meet and carry out creative projects acceptable to the Shed and of their own choosing, individually and for the benefit of the wider community. To promote good health and well-being to its members.
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	The key achievement in this reporting period was the construction of a community store. This facility was constructed by the Shed for Nettlestone and Seaview Community Partnership This new storage facility has enabled the Community Partnership to place all items used at community events in one place: hitherto these items had been stored by members of the partnership in a variety of sheds and garages. Expenditure for this facility can be identified in the accounts under materials (part £1,700).
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Nettlestone and Seaview Shed members have had regard to the guidance on public benefit when undertaking their activities as detailed in Para 1.20

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

	SORP reference
Policy on grant making	Para 1.38	This charity does not make grants

Policy on social investment including program related investment	Para 1.38	A new Community Partnership store was completed in October 2022
Contribution made by volunteers	Para 1.38	All Trustees and Shed members are volunteers, we do not have any paid staff. Many gave hours (2,488.5hrs) of their time during the construction of the Shed and store. Since the workshop has become operational volunteers have worked on numerous projects both for the local community and for fundraising.
Other

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	Since the workshop has been constructed membership has risen to 26. During this reporting period members have been exceptionally busy working on a variety of projects. A total of 2,488.5 person hours were recorded Additional pallet Christmas trees and snowmen were produced for the Community Partnership. These were lit and placed around the Parish in December and received many positive comments from residents. The pallet trees were also produced for local residents in exchange for a donation. Volunteers continued with the maintenance of Parish Notice Boards and the Seagrove Pavilion as well as with a variety of repairs at the Parish Church. Signs were also made for the Barnsley Trail showing Red Squirrels. The local community have undoubtedly benefitted from the work of volunteers and there are numerous other local projects pending. From October to December 2022a variety of stunning Christmas decorations were produced in the workshop and sold at local Christmas Fayres enabling the purchase of additional equipment for the workshop. Shed members organised fund raising quiz evenings to include family and friends as well as other social events. There is no doubt that the existence of the workshop had provided a focus for a number of individuals within our Parish, whether it is working together on projects or meeting for refreshments and a chat at the end of a morning.

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

Achievements against objectives set	Para 1.41	The Community Partnership store was completed by October 2022
Performance of fundraising activities against objectives set	Para 1.41	Fundraising continued throughout 2022- 23. Bids were written to another 3 potential funders. Two successful responses from the Parish Council funded part of the Community store build and the Co-op Local Community Fund enabled volunteers to continue to provide mental and physical support for members and visitors to the Shed.
Investment performance against objectives	Para 1.41	n/a
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	By the end of March 2023 we had an account balance of £8,430
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held to complete the new wood store / finishing room and the purchase of new equipment including dust extraction facilities
Amount of reserves held	Para 1.22	£4,000
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	Currently no uncertainties about the Charity continuing as a going concern. The charity has raised sufficient funds during the year to ensure continuation for at least the next few years and fundraising plans will ensure this is prolonged.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	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	NaSh has received support and funds from Nettlestone and Seaview Parish Council, and the Co- op’s local community. Additionally, we continue to raise funds through local projects and donations.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	Loss of volunteers due to age
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO Constitution
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	Elected by members at Annual General Meeting (AGM) both Trustees and Members may appoint Additional Trustees No other body entitled automatically

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
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	7 Trustees meeting 8 times annually. Volunteers involved in day-to-day operations. Regular contact with the local Parish Council, the Community Partnership, the Seagrove Pavilion Trust, Churches, Schools, WI and local businesses.
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Nettlestone and Seaview Shed
Other name the charity uses	Nettlestone and Seaview (Men’s) Shed, NaSh
Registered charity number	1189878
Charity’s principal address	Seagrove Recreation Ground, Seagrove Farm Road, Seaview, Isle of Wight PO34 5HU
Correspondence address	46 Solent View Road, Seaview, Isle of Wight, PO34 5HX

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Robert Webb	Chair	Whole period	n/a
Geoff Howells	Technical	Whole Period	n/a
Barry Townsend	Treasurer	Whole Period	n/a
Graham Bridger	Joint Secretary	Whole period	n/a
Lynn Stack	Fund Raising	Whole period	n/a
Vilma Barraclough	Joint Secretary	Whole period	n/a
Robert Marshall	Workshop Trustee	From 6thOctober 2022	n/a

– Corporate trustees names of the directors at the date the report was approved Director name None

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
None

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 adviser	Name Address	Name Address
None

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) R D Webb Full name(s) Robert Webb

Lynn Stack

Position (eg Secretary, Chair Chair, etc)

Date 12[th] July 2023 12[th] July 2023

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Summer Fete 2022
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Platinum Jubilee 3 [rd] June 2022
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Nettlestone and Seaview Shed

1189878 CC16a

Receipts and payments accounts

For the period from	4/1/2022	To	3/31/2023

Section A Receipts and payments

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts Balance b/f 1,508 Donations 9,317 Gift Aid 670 Refunds 628 - - - - 12,123 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR)		to the nearest £ 4,000 - - - - - - 4,000 Restricted funds	to the nearest £ - - - - - - - - - Endowment funds	Total funds to the nearest £ 5,508 9,317 670 628 - - - - 16,123	Last year to the nearest £
Balance b/f	1,508	4,000	-		5,508 - - - - - - 5,508
Donations	9,317		-
Gift Aid	670	-	-
Refunds	628	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
*Sub total*(Gross income for AR)	12,123	4,000	-
- - Sub total - Total receipts 12,123 A2 Asset and investment sales, (see table).		- - - 4,000	- - - -	- - - 16,123
					- -

		4,000	-		5,508

A2 Asset and investment sales,
(see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

*Total receipts*	12,123	4,000	-	16,123	5,508

- - - - - - - - - - - 4,000 4,000	- - - - - - - - - - - - - - - - - -
		- - - - - - - - - -

		-

		-

4,000	-	5,508 - - 5,508
	-
	-
4,000	-

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

Categories unds	Details Business current account	to nearest £ 4,430 Unrestricted funds	to nearest £ 4,000 Restricted funds	to nearest £ - Endowment funds
	Business current account	4,430

B1 Cash funds

			-		-	-
			-		-	-
		*Total cash funds*	4,430		4,000	-
		(agree balances with receipts and payments account(s))	OK	OK		OK
			Unrestricted		Restricted	Endowment
			funds		funds	funds
		Details	to nearest £		to nearest £	to nearest £
B2	Other monetary assets		-		-	-
			-		-	-
			-		-	-
			-		-	-
			-		-	-
			-		-	-

B3 Investment assets

B4 Assets retained for the charity’s own use

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details Workshop building Details Equipment & Tools 2022 Equipment & Tools 2023 Total Details Signature R D Webb Barry Townsend	Cost (optional) 23,377 - - - - Cost (optional) 3,028 4,058 - - - - - - 7,086 - - - - - Print Name Rob Webb Barry Townsend Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	Current value (optional)
		-
		-
		-
		-
		-
		Current value (optional)
		-
		-
		-
		-
		-
		-
		-
		-
		-
		When due (optional)






		Date of approval
	Rob Webb	6/22/2023
	Barry Townsend	6/20/2023