## **Trustees’ Annual Report for the period** **From: 2[nd] July 2021 To: 1[st] July 2022 Charity name: Axe Valley Men’s Shed Charity registration number: 1191653** ## **Objectives and Activities** SORP reference Summary of the Para 1.17 The main purpose of the Axe Valley Men’s purposes of the charity Shed is to promote social inclusion and as set out in its improve mental health and wellbeing for the public benefit. By reducing the risk to governing document people, particularly but not exclusively men aged 18 or over, within Axbridge, Cheddar, Wedmore and surrounding villages and communities within Somerset, from becoming socially excluded. Relieving the needs of those people who are socially excluded and assisting them to integrate into society through the provision of facilities in which they can meet jointly or individually to undertake creative, physical or recreational activities, learn or pass on skills and knowledge and support each other socially. This includes supporting people who have suffered trauma through physical & mental illness, bereavement, COVID shielding or any other issue which has led to a level of exclusion. Definition of Socially Excluded: For the purpose of this clause 'socially excluded' means being excluded from society, or parts of society, as a result of one of more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment; poor educational or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards; crime (either as a victim of crime or as an offender rehabilitating into society). Summary of the main Para 1.17 and Our main activities our centred around 1.19 activities in relation to two specific sites, a ‘Men’s shed’ and an those purposes for the outdoor activities site, where co-ordinated public benefit, in activities are provided that help us **----- Start of picture text -----**
particular, the activities, achieve our objectives. Our activities
projects or services include, social meeting sessions,
identified in the workshop-based activities making and
accounts. building things, art classes, music and
modelling clubs, gardening activities and
health and wellbeing sessions provided
by healthcare professionals or specialists.
We get involved in local community
projects as volunteers or to make things
for use within our local area, working in
partnership with local organisations.
Statement confirming Para 1.18 All trustees have considered the guidance
whether the trustees on public benefit and work to ensure that
have had regard to the all we do meets these aims.
guidance issued by the
Charity Commission on
public benefit
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## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **----- Start of picture text -----**
SORP reference
There is currently no policy on grant
making as we do not make grants to
Para 1.38
Policy on grant making other organisations, groups or individuals.
As we mature as an organisation we will
consider and form a policy should we be
in a position to be able to make grants to
others. This was our position last year
and it has not changed during 2021/22
We do not have an investment policy as
we are not currently in a position where
Para 1.38
we have capital that would benefit from
Policy on social
investment. This has also not changed
investment including
since our last report and continues to be
program related
our position during 2021/22
investment
For this reporting period our main
contribution from volunteers has been the
Para 1.38
Contribution made by development of our second site at
volunteers Shortland’s field in preparation for
establishment of our community gardens
and preparation for our orchard and
growing areas, which have seen the
establishment of our first crops and laid
solid foundations for the site to be
developed further next year to
incorporate further growing activities and
outdoor sessions.
Our volunteers have also expanded and
developed the main ‘shed’ building and
workshop area into the additional unit
and significantly developed, organised
and run our new activities which could
not have been achieved without the
contribution of our volunteers.
This enabled us to contribute significantly
to many local projects and initiatives.
Growing and enhancing what we do and
delivery more within our community.
Other
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## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
Our main achievements during this
reporting period:
Development of our outdoor site building
Summary of the main
Para 1.20 a solid base for expanding activities
achievements of the
during 2022/23.
charity, identifying the
difference the charity’s
Establishment of a fit for purpose safe
work has made to the
space across two units where we were
circumstances of its able to fully develop and deliver a full
beneficiaries and any range of activities and services
wider benefits to society associated with a typical men’s shed.
as a whole.
Increased our membership and outreach
within our target group by 50% over the
previous year.
Double our financial reserves, revise our
financial model and become more
financially sustainable.
Contribute to local initiatives like the
Axbridge Pageant, local Heritage trail and
others, giving shed members a real sense
of contribution to local community
projects and building our visibility and
outreach across the communities that
these benefit.
Delivered 213 activities and sessions for
our members that helped us meet our
overall aims and objectives for men as a
men’s shed. This expansion of activity
and the benefit it brings is our key
achievement and the building block to
increase further our activities and deliver
the benefits as set out in our statement of
purpose.
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## **Additional information (optional)** You may choose to include further statements where relevant about: Our initial objective was to establish a permanent (or semi-permanent) site Achievements against Para 1.41 providing us the space and flexibility to ‘open’ and formally undertake all the objectives set activities that a typical menshed provides. We achieved this last year with the establishment of our main shed site and an outdoor site in which we wanted to expand our activities. This year, we have also expanded our main shed site by 50% taking on an adjacent unit and combining to form a single shed. Our main objectives for this year were to fully open the men’s shed, start building **----- Start of picture text -----**
our activities and sessions, develop and
increase our membership and our
financial position to make us more
financially sustainable.
We have met all our objectives in terms of
finally fully opening the shed, establishing
and launching a number of new services
and increasing our financial viability. In
addition we also started to make more
services available to the wider local
community and participated in more local
community initiatives.
In the previous year the Covid pandemic
severely restricted what we could provide
and when, we were only able to provide
24 sessions during this period. Having a
full year open has providing an essential
service to people affected by the social
isolation that derived from the pandemic.
In total we ran 213 sessions throughout
the year, growing significantly what we
do, the impact we can make on men’s
mental health and wellbeing and our
overall visibility and contribution to our
local community.
We did not set a specific target for
fundraising for this period. Our financial
Performance of needs for the year being relatively
Para 1.41 unknown due to a lack of stable financial
fundraising activities
reporting caused by the disruption of the
against objectives set
pandemic and enforced closures. A stable
period of opening and running our
activities is needed to predict our
financial needs accurately.
However, after achieving £7.8k last year
and predicting challenges post pandemic
our actual performance during this period
exceeded our expectations and helped
further establish a financial base to grow.
We achieved £8.4k in this period.
Axe Valley Men’s Shed do not have any
investments.
Investment performance Para 1.41
against objectives
Other
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## **Financial Review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 During this reporting period we have
financial position at the virtually doubled our financial position
building a better financial base to
end of the period
guarantee our longer-term security at our
current rented accommodation and start
to build funds towards securing a
permanent, long term and more
financially sustainable home.
Activity, in terms of our normal scheduled
activities, has grown steadily post
pandemic and enabled us to restructure
our financial operating model accordingly
to meet our financial demands this year.
Our fundraising has exceeded our
expectations securing £8.4k of funding
which ensured our financial sustainability
over this period and finished the year with
a financial reserve adequate for our
needs and planning to start the next year.
Statement explaining Para 1.22 Reserves held to ensure we can meet our
the policy for holding commitments for ongoing premises rent
reserves stating why and project/activity commitments.
they are held
Amount of reserves held Para 1.22 £11,387 held in bank account at end of
reporting period.
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 We had no deficit during this period.
in deficit
Explanation of any Para 1.23 There was no concern about the charity
uncertainties about the continuing as a going concern during this
charity continuing as a period apart from uncertainty arising from
increasing costs post pandemic and the
going concern
emerging cost of living crisis and any
impact this may have over the winter of
2022/23.
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## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
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charity other ## **Structure, Governance and Management** **----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Our constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 From the 6 [th] October 2020 Axe Valley
constituted? Men’s Shed are a registered Charitable
(e.g unincorporated Incorporated Organisation (CIO).
association, CIO)
Trustee selection Para 1.25 Within the Axe Valley Men’s Shed
methods including constitution all committee members are
details of any elected at our AGM. Full Committee
members are trustees, with a designated
constitutional provisions
role, such as Secretary, Treasurer, etc,
e.g. election to post or
others may be elected or appointed by
name of any person or
the committee to co-ordinate specific
body entitled to appoint
activities or projects but not as full
one or more trustees committee members or trustees. This is
reviewed annually. Committee
membership can be reviewed for
exceptional circumstances via an EGM.
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## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Axe Valley Men’s Shed
Other name the charity
uses
Registered charity 1191653
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**----- Start of picture text -----**
number
Charity’s principal Millstream Cottage,
address Crossmoor Road,
Axbridge,
BS26 2DY
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## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
John Douglas Funding Officer Committee/Members
1
Ryves
Andrew Kenneth Chairman Committee/Members
2
Laken
Dr Robin John Committee/Members
3
Goodfellow
Stuart Graeme Treasurer Committee/Members
4
Berwick
5 Terrence White Workshop Manager Committee/Members
Thomas Clive Secretary Committee/Members
6
Jenkins
George William Ware Wellbeing officer Committee/Members
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name** N/A Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** N/A ## **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 N/A for 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** **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** _Andy Laken_ **Signature(s)** _Stuart Berwick_ Andy Laken **Full name(s)** Stuart Berwick **Position (eg** Treasurer Chairman **Secretary, Chair, etc) Date** 28/04/23 **Charity Registration No. 1191653 (England and Wales)** **AXE VALLEY MEN'S SHED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 1 JULY 2022** **AXE VALLEY MEN'S SHED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 1 JULY 2022** |**CONTENTS**|**PAGE**| |---|---| |Charity information|3| |Trustees' report|4| |Income statement|5| |Statement of financial position|6| |Detailed income statement|7| - 2 - **AXE VALLEY MEN'S SHED CHARITY INFORMATION FOR THE YEAR ENDED 1 JULY 2022** **Trustees** Andrew Laken Stuart Berwick John Ryves Robin Goodfellow Terry White Thomas Jenkins George Ware Stephen Staples **Charity Number** 1191653 (England and Wales) **Registered Office** Millstream Cottage Crossmoor Road Axbridge Somerset BS26 2DY United Kingdom **Accountants** Poolbridge Accountancy Limited Forge Enterprise Centre 3 Church Road, West Huntspill Highbridge Somerset TA9 3RN - 3 - **AXE VALLEY MEN'S SHED TRUSTEES' REPORT FOR THE YEAR ENDED 1 JULY 2022** The Trustees present their report and accounts for the year ended 1 July 2022. ## **Trustees** The following Trustees held office during the whole of the period: Andrew Laken Stuart Berwick The following Trustees were appointed during the period: John Ryves was appointed on 29 September 2021. Robin Goodfellow was appointed on 29 September 2021. Terry White was appointed on 29 September 2021. Thomas Jenkins was appointed on 29 September 2021. George Ware was appointed on 29 September 2021. ## **Statement of Trustees' responsibilities** The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations. Charity law requires the Trustees to prepare accounts for each financial year. Under that law, the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under Charity law the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the profit or loss of the Charity for that period. In preparing these accounts, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the board of Trustees ............................................................................ Stuart Berwick Trustee Approved by the board on: 30 November 2022 - 4 - **AXE VALLEY MEN'S SHED INCOME STATEMENT FOR THE YEAR ENDED 1 JULY 2022** |Turnover
Cost of raw materials and consumables
Staff cost
Depreciation and other amounts written off assets
Other charges
Profit|**2022**
**£**
19,452
(1,198)
(35)
(601)
(13,491)| |---|---| ||4,127| - 5 - ## **AXE VALLEY MEN'S SHED STATEMENT OF FINANCIAL POSITION AS AT 1 JULY 2022** |Fixed assets
Current assets
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Capital and reserves**|11,387|**2022**
**£**
1,804
11,387| |---|---|---| |||13,191| |||13,191| |||| |||13,191| ## **NOTES TO THE ACCOUNTS** ## **1 Statutory information** Axe Valley Men's Shed is a Charity, registered in England and Wales, registration number 1191653. The registered office is Millstream Cottage, Crossmoor Road, Axbridge, Somerset, BS26 2DY, United Kingdom. Approved by the board on 30 November 2022 Stuart Berwick Trustee Charity Registration No. 1191653 - 6 - ## **AXE VALLEY MEN'S SHED DETAILED INCOME STATEMENT FOR THE YEAR ENDED 1 JULY 2022** |**Turnover**
This schedule does not form part of the statutory accounts.
Sales
**Cost of raw materials and consumables**
Purchases
**Staff costs**
Travel and subsistence
**Depreciation and other amounts written off assets**
Depreciation
**Other**
Rent
Light and heat
Stationery and printing
Insurance
Software
Repairs and maintenance
Sundry expenses
Other legal and professional
Other direct costs
**Profit on ordinary activities before taxation**|**2022**
**£**
19,452| |---|---| ||1,198| ||35| ||601| ||9,550
1,178
64
538
114
556
92
128
1,271| ||13,491| ||4,127| - 7 -