Trustees’ Annual Report for the period
From: 01 April 22 To: 31 March 2023
Charity name: Telford Makerspace
Charity registration number: 1191698
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 (1) to promote for the benefit of the inhabitants of Telford and Wrekin and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. |
| 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 |
To improve the lives of the local community by providing a place to meet others in a friendly and supportive space, learn new skills, help members and others with projects. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All the Telford Makerspace trustees are aware of the guidance on the Charity Commission's public benefit guidance |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The charity does not make any grants or make social or programme-related investments. |
| Policy on social investment including program related investment |
Para 1.38 | See above |
| Contribution made by volunteers |
Para 1.38 | The volunteers have helped the Makerspace with decorating and renovating the building we were in and helping run the space. They have also donated equipment. They have also aided the Trustees in the running of the charity. |
NA
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 | Fund raising for children in hospital over Christmas, with a visit from IronSanta to give presents and provide a distraction over the holiday period Collaborative events for the Makerspace membership to help with isolation, such as a Starship bridge evening and a bomb defusal game Ran various Home Ed sessions for children who are home schooled to help with teaching practical skills Regular Lego sessions on Saturday mornings to help children develop problem solving and social skills Yarn and Yap sessions to help older residents with social isolation Helping members with various projects |
| 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: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | Improved over 2023, however membership numbers were still below we were hoping for |
| Performance of fundraising activities against objectives set |
Para 1.41 | With various issues still ongoing, improving the space, problems with the landlord etc. 2023 was below where we were hoping to be |
| Investment performance against objectives |
Para 1.41 | NA |
| Other | NA |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity’s annual accounts for 2022/23 report the financial position of the charity at the end of the period, 31st March 2023. The accounts are available from the Charity Commission website. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held as we currently have all of items in storage and are having to pay a monthly fee for this |
| Amount of reserves held | Para 1.22 | Awaiting figures from Treasurer. |
| Reasons for holding zero reserves |
Para 1.22 | NA |
| Details of fund materially in deficit |
Para 1.24 | The Charity has no funds which are materially in deficit. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The charity relies on the factors below where if falls below stated threshold will cause for the charity to close. Members as the purpose of the charity is to create an environment for inclusion, thus without a paying member group of 7 no main financial income and will fall short of outgoings. No grants or donation, in where subsidising fees to allow persons of limited finance to participate. Not having an open usable premises for longer than 2 years, as will affect membership numbers. Without premises storage of current equipment is needed linked to funds. Fund, if any unforeseen outgoing cost, or lake of income should arise in where the threshold is below £500 in accessible fund, shut down procedures will take place and remaining funds used to close of charity. |
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 |
Membership fees, others being Grants, fund raisers and donations. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | No current investment made of financial nature. |
| A description of the principal risks facing the charity |
Para 1.46 | Issues with the landlord not repairing the building caused problems with one of our main rooms not to be useable, impacting the range of services we could offer. Trustees struggling with being able to provide time and energy due to work |
commitments, personal circumstances and mental health problems. NA Other
Structure, Governance and Management
| Description of charity’s trusts: |
NA | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | 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 | No new trustees were added during this period. Selection of new Trustees to be added, is subject to discussion between existing trustees and a vote being taken to approve the election of the individual. |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | 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 | NA |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | CIO. No wider networks. |
| Relationship with any related parties |
Para 1.51 | NA |
| Other | NA |
Reference and Administrative details
| Charity name | Telford Makerspace |
|---|---|
| Other name the charity uses | NA |
| Registered charity number | 1191698 |
| Charity’s principal address | 1 New Houses, Edgebolton SY4 4EN |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Glyn Davies | Acting Chair and Secretary |
|||
| Paul Jenkinson | IT and Technical | |||
| Adam Willoughby | Treasurer | |||
– Corporate trustees names of the directors at the date the report was approved Director name NA
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| NA | ||
Funds held as custodian trustees on behalf of others
Description of the assets NA held in this capacity Name and objects of the NA charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NA safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and | addresses of advisers (Optional information) | addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser |
Name Address |
|
| NA | NA | NA |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
NA
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)
Full name(s) Glyn Bradley Davies
Position (eg Secretary, Acting Chair Chair, etc)
Date
02/09/2024